Themes European Luxury ETF
ALTAR
Score™		 6.7% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 26.9x P/Sales
ratio		 1.3x
P/BV
ratio		 1.1x Div.
yield		 2.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
FINE tracks an index comprised of companies in Developed Europe that offer luxury goods and services. The index selects and weights holdings towards those companies with most business exposure related to the investment theme.

FUND BASICS
Category Global Equities
Fund Sponsor
Website themesetfs.com/etfs/FINE/
Inception date Dec 15, 2023
Assets (mns) $1
Currency USD
Expense ratio 35 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Proprietary
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 24
Wgt avg mkt cap (mns) $37,924
Large cap (>$10bn) 44.2%
Mid cap ($2-10bn) 30.8%
Small cap (<$2bn) 20.3%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
GIVAUDAN SA UNSPONSORED ADR 4.8 %
HERMES INTERNATIONAL 4.8 %
PORSCHE AUTOMOBIL HLDG-PFD 4.7 %
FERRARI NV 4.7 %
PLAYA HOTELS & RESORTS N.V. 4.6 %
HUGO BOSS AG -ORD 4.4 %
MONCLER SPA 4.4 %
ACCOR SA 4.3 %
FERRETTI SPA 4.2 %
ERMENEGILDO ZEGNA N.V. 4.2 %
Total 45.0 %

TOP COUNTRY EXPOSURE
ITALY 23.7 %
FRANCE 19.8 %
BRITAIN 17.4 %
SWITZERLAND 12.9 %
GERMANY 9.1 %
NETHERLANDS 4.6 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-7.7% -12.6% -- -- -12.4%

Market Correlations
versus... Beta R-squared
S&P500 1.03 33%
MSCI EAFE 0.92 28%
MSCI Emg. Mkts. 0.81 10%

Technical Indicators
Recent close $22.56
30d moving avg. $20.14
Annualized volatility 21.4%
Short interest (ETF) 0.4%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.00%
ADV underlying (mns) $573

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 278 potential alternatives to the Themes European Luxury ETF ETF based on the alternatives' overlap in portfolio holdings with FINE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FINE Expense: 35 bp ALTAR Score™: 6.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FINE
Ticker Fund
Name		 Overlap1
vs FINE
(%)		 Expense
ratio
(bp)		 Savings
vs FINE
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FINE
(%)
LUX Tema Luxury ETF 26.8 75 -40 4.3 -2.4
EWQ iShares MSCI France ETF 8.1 53 -18 7.1 +0.4
EWI iShares MSCI Italy ETF 7.7 50 -15 10.0 +3.3
RXI iShares Global Consumer Discretionary ETF 7.2 41 -6 8.9 +2.2
FEZ SPDR EURO STOXX 50 ETF 6.9 29 6 7.1 +0.4
JIG JPMorgan International Growth ETF 5.9 55 -20 4.7 -2.0
HEDJ WisdomTree Europe Hedged Equity Fund 5.7 58 -23 6.4 -0.3
EUDG WisdomTree Europe Quality Dividend Growth Fund 5.6 58 -23 6.8 +0.1
EZU iShares MSCI Eurozone ETF 5.3 52 -17 6.8 +0.1
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 5.1 65 -30 3.7 -3.0
EFG iShares MSCI EAFE Growth ETF 5.1 36 -1 4.4 -2.3
IQLT iShares MSCI Intl Quality Factor ETF 4.9 30 5 6.3 -0.4
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 4.8 45 -10 6.7 +0.0
EWL iShares MSCI Switzerland ETF 4.5 50 -15 6.0 -0.7
FLSW Franklin FTSE Switzerland ETF 4.4 9 26 6.2 -0.5
IDRV iShares Self-driving EV & Tech ETF 4.4 47 -12 2.5 -4.2
IDHQ Invesco S&P International Developed High Quality ETF 4.3 29 6 6.7 -0.1
OEUR ALPS O'Shares Europe Quality Dividend ETF 4.1 48 -13 5.9 -0.8
BEDZ AdvisorShares Hotel ETF 3.9 100 -65 7.1 +0.4
IEV iShares Europe ETF 3.9 67 -32 6.9 +0.2
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 3.8 58 -23 6.8 +0.1
NBCC Neuberger Berman Next Generation Connected Consumer ETF 3.8 56 -21 2.6 -4.1
IQDG WisdomTree International Quality Dividend Growth Fund 3.7 42 -7 7.1 +0.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 3.7 42 -7 6.7 +0.0
DBEU Xtrackers MSCI Europe Hedged Equity ETF 3.6 46 -11 6.6 -0.1
FEOE First Eagle Overseas Equity ETF 3.5 79 -44 8.4 +1.6
IEUR iShares Core MSCI Europe ETF 3.5 11 24 7.4 +0.7
FGM First Trust Germany AlphaDEX Fund 3.5 80 -45 8.3 +1.5
BBEU JPMorgan BetaBuilders Europe ETF 3.4 9 26 7.2 +0.5
FSZ First Trust Switzerland AlphaDEX Fund 3.4 80 -45 4.9 -1.8
FLEE Franklin FTSE Europe ETF 3.4 9 26 7.3 +0.5
VGK Vanguard FTSE Europe ETF 3.4 11 24 7.4 +0.7
SPEU SPDR Portfolio Europe ETF 3.3 7 28 7.4 +0.7
DIHP Dimensional International High Profitability ETF 3.3 29 6 7.3 +0.6
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 3.3 14 21 6.4 -0.3
BKCI BNY Mellon Concentrated International ETF 3.2 80 -45 5.1 -1.7
UMMA Wahed Dow Jones Islamic World ETF 3.1 65 -30 5.3 -1.5
JIRE JPMorgan International Research Enhanced Equity ETF 3.1 24 11 7.4 +0.6
AGQI First Trust Active Global Quality Income ETF 3.1 85 -50 5.0 -1.8
CBSE Clough Select Equity ETF 3.0 85 -50 1.4 -5.3
CEFA Global X S&P Catholic Values Developed ex-US ETF 3.0 35 0 6.8 +0.1
OSEA Harbor International Compounders ETF 2.9 55 -20 4.7 -2.1
CGGO Capital Group Global Growth Equity ETF 2.8 47 -12 4.9 -1.9
FEGE First Eagle Global Equity ETF 2.8 79 -44 7.2 +0.5
JGLO JPMorgan Global Select Equity ETF 2.8 33 2 5.1 -1.6
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 2.8 25 10 7.4 +0.7
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 2.7 20 15 6.5 -0.2
QEFA SPDR MSCI EAFE StrategicFactors ETF 2.6 30 5 7.1 +0.4
BINV Brandes International ETF 2.6 70 -35 9.9 +3.1
EFA iShares MSCI EAFE ETF 2.5 35 0 7.0 +0.3
STXI Strive International Developed Markets ETF 2.4 29 6 7.1 +0.4
DOL WisdomTree International LargeCap Dividend Fund 2.4 48 -13 7.5 +0.7
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 2.4 36 -1 6.7 -0.0
DIVI Franklin International Core Dividend Tilt Index ETF 2.4 9 26 8.2 +1.5
IMFL Invesco International Developed Dynamic Multifactor ETF 2.3 34 1 6.0 -0.7
HFXI IQ FTSE International Equity Currency Neutral ETF 2.3 20 15 7.3 +0.5
GSID Goldman Sachs MarketBeta International Equity ETF 2.3 20 15 7.2 +0.4
IEFA iShares Core MSCI EAFE ETF 2.2 7 28 7.3 +0.6
CGIE Capital Group International Equity ETF 2.2 54 -19 5.0 -1.7
COPY Tweedy, Browne Insider + Value ETF 2.1 80 -45 12.6 +5.8
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 2.1 12 23 6.3 -0.5
FICS First Trust International Developed Capital Strength ETF 2.0 70 -35 6.1 -0.6
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 2.0 20 15 6.7 0.0
BKIE BNY Mellon International Equity ETF 2.0 4 31 7.3 +0.5
IDEV iShares Core MSCI International Developed Markets ETF 2.0 4 31 7.3 +0.6
TTAI FCF International Quality ETF 2.0 59 -24 7.1 +0.4
DFSI Dimensional International Sustainability Core 1 ETF 1.9 24 11 6.6 -0.1
QINT American Century Quality Diversified International ETF 1.9 39 -4 7.6 +0.8
VEA Vanguard FTSE Developed Markets ETF 1.8 5 30 7.5 +0.8
RFEU First Trust Riverfront Dynamic Europe ETF 1.8 83 -48 10.6 +3.8
FPAG FPA Global Equity ETF 1.8 49 -14 6.1 -0.7
SPDW SPDR Portfolio Developed World ex-US ETF 1.8 3 32 7.4 +0.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 1.8 40 -5 7.7 +1.0
AVSD Avantis Responsible International Equity ETF 1.8 23 12 5.9 -0.9
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.7 25 10 7.4 +0.6
DWM WisdomTree International Equity Fund 1.7 48 -13 7.7 +1.0
DFAI Dimensional International Core Equity Market ETF 1.7 18 17 7.5 +0.7
JHID John Hancock International High Dividend ETF 1.7 46 -11 11.0 +4.3
ESGD iShares ESG Aware MSCI EAFE ETF 1.7 20 15 7.0 +0.3
INTF iShares International Equity Factor ETF 1.7 15 20 7.9 +1.2
JHMD John Hancock Multifactor Developed International ETF 1.7 39 -4 7.8 +1.1
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 1.6 80 -45 5.1 -1.7
RFDI First Trust Riverfront Dynamic Developed International ETF 1.6 83 -48 9.8 +3.1
EWUS iShares MSCI United Kingdom Small Cap ETF 1.6 59 -24 7.4 +0.7
CWI SPDR MSCI ACWI ex-US ETF 1.6 30 5 8.0 +1.2
ACWX iShares MSCI ACWI ex U.S. ETF 1.6 34 1 8.0 +1.3
DMXF iShares ESG Advanced MSCI EAFE ETF 1.6 12 23 5.5 -1.2
SCHF Schwab International Equity ETF 1.6 6 29 7.6 +0.9
AVDE Avantis International Equity ETF 1.5 23 12 7.9 +1.2
KNO AXS Knowledge Leaders ETF 1.5 78 -43 6.1 -0.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.5 41 -6 7.7 +1.0
VEU Vanguard FTSE All-World ex-US Index Fund 1.5 8 27 8.4 +1.6
FENI Fidelity Enhanced International ETF 1.5 28 7 6.9 +0.2
FKU First Trust United Kingdom AlphaDEX Fund 1.4 80 -45 7.6 +0.8
IXUS iShares Core MSCI Total International Stock ETF 1.4 7 28 8.2 +1.4
FIVA Fidelity International Value Factor ETF 1.4 18 17 10.5 +3.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.4 18 17 8.0 +1.3
VXUS Vanguard Total International Stock ETF 1.4 7 28 8.2 +1.5
RCGE RockCreek Global Equality ETF 1.3 95 -60 6.4 -0.3
CGXU Capital Group International Focus Equity ETF 1.3 54 -19 5.8 -0.9
BWEB Bitwise Web3 ETF 1.3 85 -50 0.2 -6.6
CIL VictoryShares International Volatility Wtd ETF 1.3 45 -10 6.8 +0.1
DSTX Distillate International Fundamental Stability & Value ETF 1.3 55 -20 8.4 +1.7
IPKW Invesco International BuyBack Achievers ETF 1.2 55 -20 14.5 +7.8
AVIV Avantis International Large Cap Value ETF 1.2 25 10 9.1 +2.4
ABLG Abacus FCF International Leaders ETF 1.2 59 -24 6.2 -0.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.1 39 -4 8.6 +1.9
MOTG VanEck Morningstar Global Wide Moat ETF 1.1 52 -17 6.9 +0.2
TPIF Timothy Plan International ETF 1.1 62 -27 6.4 -0.3
DFIC Dimensional International Core Equity 2 ETF 1.0 23 12 7.8 +1.1
IQSI IQ Candriam International Equity ETF 1.0 15 20 6.7 0.0
FLHK Franklin FTSE Hong Kong ETF 1.0 9 26 7.0 +0.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.0 56 -21 12.3 +5.6
ESGG FlexShares STOXX Global ESG Select Index Fund 1.0 42 -7 5.6 -1.1
CGV Conductor Global Equity Value ETF 1.0 130 -95 9.3 +2.6
WWJD Inspire International ETF 1.0 80 -45 7.4 +0.6
IEUS iShares MSCI Europe Small-Cap ETF 1.0 42 -7 7.4 +0.7
EFAV iShares MSCI EAFE Min Vol Factor ETF 1.0 22 13 5.8 -0.9
IDV iShares International Select Dividend ETF 0.9 51 -16 12.0 +5.3
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.9 58 -23 8.7 +2.0
VSGX Vanguard ESG International Stock ETF 0.9 12 23 8.0 +1.3
KOCG FIS Knights of Columbus Global Belief ETF 0.8 75 -40 5.1 -1.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.8 20 15 5.9 -0.8
CGDG Capital Group Dividend Growers ETF 0.8 47 -12 6.3 -0.4
GLBL Pacer MSCI World Industry Advantage ETF 0.8 65 -30 4.5 -2.3
DFIV Dimensional International Value ETF 0.8 27 8 10.2 +3.5
FLGB Franklin FTSE United Kingdom ETF 0.8 9 26 8.0 +1.3
DTAN Sparkline International Intangible Value ETF 0.8 55 -20 8.4 +1.7
CZAR Themes Natural Monopoly ETF 0.8 35 0 5.6 -1.1
QWLD SPDR MSCI World StrategicFactors ETF 0.8 30 5 6.2 -0.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.7 30 5 8.4 +1.7
RFV Invesco S&P Midcap 400 Pure Value ETF 0.7 35 0 14.0 +7.3
IQDF FlexShares International Quality Dividend Index Fund 0.7 47 -12 9.3 +2.6
KLMT Invesco MSCI Global Climate 500 ETF 0.7 10 25 6.0 -0.7
EWU iShares MSCI United Kingdom ETF 0.7 50 -15 8.6 +1.9
IMTM iShares MSCI Intl Momentum Factor ETF 0.7 30 5 5.5 -1.2
TOK iShares MSCI Kokusai ETF 0.7 26 9 5.3 -1.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.7 45 -10 9.2 +2.5
APIE ActivePassive International Equity ETF 0.7 45 -10 7.6 +0.9
HART IQ Healthy Hearts ETF 0.7 45 -10 6.6 -0.1
PPIE Putnam PanAgora ESG International Equity ETF 0.7 49 -14 7.6 +0.9
URTH iShares MSCI World ETF 0.6 24 11 5.4 -1.3
KOKU Xtrackers MSCI Kokusai Equity ETF 0.6 9 26 5.4 -1.3
CGUS Capital Group Core Equity ETF 0.6 33 2 4.6 -2.2
CGGR Capital Group Growth ETF 0.6 39 -4 3.4 -3.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.6 39 -4 6.9 +0.2
DFIS Dimensional International Small Cap ETF 0.6 39 -4 7.8 +1.1
FFND Future Fund Active ETF 0.6 100 -65 4.6 -2.2
UIVM VictoryShares International Value Momentum ETF 0.6 35 0 9.6 +2.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 26 6.1 -0.7
ACWI iShares MSCI ACWI ETF 0.6 32 3 5.8 -0.9
AVDV Avantis International Small Cap Value ETF 0.6 36 -1 10.6 +3.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.6 47 -12 8.6 +1.8
FIDI Fidelity International High Dividend ETF 0.5 18 17 9.2 +2.5
VT Vanguard Total World Stock ETF 0.5 7 28 6.2 -0.6
DGT SPDR Global Dow ETF 0.5 50 -15 7.5 +0.7
BLES Inspire Global Hope ETF 0.5 61 -26 6.9 +0.2
IOO iShares Global 100 ETF 0.5 41 -6 5.2 -1.5
FNDF Schwab Fundamental International Large Co. Index ETF 0.5 25 10 10.0 +3.3
SCZ iShares MSCI EAFE Small-Cap ETF 0.5 40 -5 7.4 +0.6
IDLV Invesco S&P International Developed Low Volatility ETF 0.4 25 10 6.6 -0.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.4 24 11 7.7 +1.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.4 65 -30 12.1 +5.3
VIDI Vident International Equity Strategy ETF 0.4 61 -26 11.3 +4.6
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 0.4 80 -45 5.5 -1.2
DIM WisdomTree International MidCap Dividend Fund 0.4 58 -23 7.8 +1.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 -4 6.2 -0.6
DFE WisdomTree Europe SmallCap Dividend Fund 0.4 58 -23 8.2 +1.5
ISCF iShares International SmallCap Equity Factor ETF 0.4 23 12 8.7 +2.0
JPIN J.P. Morgan Diversified Return International Equity ETF 0.4 37 -2 8.8 +2.1
EWG iShares MSCI Germany ETF 0.3 50 -15 6.3 -0.4
DAX Global X DAX Germany ETF 0.3 21 14 6.6 -0.1
DWMF WisdomTree International Multifactor Fund 0.3 38 -3 7.0 +0.3
DISV Dimensional International Small Cap Value ETF 0.3 42 -7 9.8 +3.1
MILN Global X Millennial Consumer ETF 0.3 50 -15 3.7 -3.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.3 32 3 6.0 -0.8
LVHI Franklin International Low Volatility High Dividend Index ET 0.3 40 -5 10.8 +4.1
WLDR Affinity World Leaders Equity ETF 0.3 67 -32 7.9 +1.2
OCEN IQ Clean Oceans ETF 0.3 45 -10 6.6 -0.2
IDMO Invesco S&P International Developed Momentum ETF 0.3 25 10 5.5 -1.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 23 5.3 -1.4
SCHC Schwab International Small-Cap Equity ETF 0.3 11 24 7.1 +0.4
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.3 24 11 8.0 +1.3
IVLU iShares MSCI Intl Value Factor ETF 0.2 30 5 11.0 +4.3
AVUV Avantis U.S. Small Cap Value ETF 0.2 25 10 10.5 +3.8
SIXL ETC 6 Meridian Low Beta Equity ETF 0.2 80 -45 6.1 -0.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 -14 7.4 +0.7
ISMD Inspire Small/Mid Cap ETF 0.2 54 -19 6.1 -0.6
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 0.2 9 26 9.3 +2.6
PATN Pacer Nasdaq International Patent Leaders ETF 0.2 65 -30 6.6 -0.1
GINN Goldman Sachs Innovate Equity ETF 0.2 52 -17 4.1 -2.6
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 7 28 7.1 +0.4
NUDM Nuveen ESG International Developed Markets Equity ETF 0.2 31 4 6.5 -0.2
AVSC Avantis U.S Small Cap Equity ETF 0.2 25 10 6.3 -0.4
FDEV Fidelity International Multifactor ETF 0.2 18 17 7.7 +0.9
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.2 9 26 4.7 -2.0
VFVA Vanguard U.S. Value Factor ETF 0.2 13 22 11.5 +4.8
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 -4 9.8 +3.1
IJJ iShares S&P Mid-Cap 400 Value ETF 0.2 18 17 9.2 +2.5
FBCG Fidelity Blue Chip Growth ETF 0.2 59 -24 3.1 -3.6
MDYV SPDR S&P 400 Mid Cap Value ETF 0.2 15 20 9.2 +2.5
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.1 17 18 6.1 -0.7
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.1 15 20 9.2 +2.5
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 7 10.0 +3.3
GLOF iShares Global Equity Factor ETF 0.1 20 15 6.9 +0.2
EES WisdomTree U.S. SmallCap Fund 0.1 38 -3 9.3 +2.6
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.1 8 27 4.6 -2.1
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.1 25 10 6.0 -0.7
BKSE BNY Mellon US Small Cap Core Equity ETF 0.1 4 31 6.3 -0.4
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.1 15 20 8.2 +1.5
EFV iShares MSCI EAFE Value ETF 0.1 34 1 9.4 +2.7
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 -23 8.8 +2.0
GWX SPDR S&P International Small Cap ETF 0.1 40 -5 6.7 +0.0
VCR Vanguard Consumer Discretionary ETF 0.1 10 25 4.6 -2.1
STXK Strive Small-Cap ETF 0.1 18 17 6.4 -0.3
DFSV Dimensional US Small Cap Value ETF 0.1 31 4 10.8 +4.1
NUSC Nuveen ESG Small-Cap ETF 0.1 31 4 5.6 -1.1
SCHA Schwab U.S. Small-Cap ETF 0.1 4 31 6.5 -0.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 -4 6.7 -0.1
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.1 70 -35 4.9 -1.8
ISCV iShares Morningstar Small Cap Value ETF 0.1 6 29 9.7 +3.0
XJH iShares ESG Screened S&P Mid-Cap ETF 0.1 12 23 7.3 +0.6
IJH iShares Core S&P Mid-Cap ETF 0.1 5 30 7.6 +0.9
MDY SPDR S&P Midcap 400 ETF Trust 0.1 24 11 7.4 +0.7
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.1 3 32 7.6 +0.9
IVOO Vanguard S&P Mid-Cap 400 ETF 0.1 10 25 7.6 +0.8
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 20 6.3 -0.5
VBR Vanguard Small Cap Value ETF 0.1 7 28 9.4 +2.7
FLAX Franklin FTSE Asia Ex Japan ETF 0.1 19 16 9.8 +3.1
VXF Vanguard Extended Market ETF 0.0 6 29 5.0 -1.7
DFAS Dimensional U.S. Small Cap ETF 0.0 26 9 6.8 +0.1
IEDI iShares U.S. Consumer Focused ETF 0.0 18 17 5.2 -1.6
ISCB iShares Morningstar Small-Cap ETF 0.0 4 31 6.3 -0.4
EQAL Invesco Russell 1000 Equal Weight ETF 0.0 20 15 7.1 +0.3
VPL Vanguard FTSE Pacific ETF 0.0 8 27 7.5 +0.8
VYMI Vanguard International High Dividend Yield ETF 0.0 22 13 9.9 +3.2
IYC iShares U.S. Consumer Discretionary ETF 0.0 40 -5 3.8 -3.0
SMMD iShares Russell 2500 ETF 0.0 15 20 6.6 -0.2
VB Vanguard Small-Cap ETF 0.0 5 30 6.3 -0.4
REVS Columbia Research Enhanced Value ETF 0.0 19 16 7.9 +1.2
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 10 7.4 +0.7
IWS iShares Russell Mid-Cap Value ETF 0.0 23 12 6.9 +0.2
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 10 7.4 +0.7
AVUS Avantis U.S. Equity ETF 0.0 15 20 6.1 -0.7
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 10 6.0 -0.7
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 23 7.8 +1.1
IUS Invesco RAFI Strategic US ETF 0.0 19 16 6.9 +0.2
IWR iShares Russell Midcap ETF 0.0 19 16 5.9 -0.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 18 5.8 -0.9
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 17 5.6 -1.1
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 -4 7.1 +0.4
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 14 4.0 -2.7
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 20 4.8 -1.9
JVAL JPMorgan U.S. Value Factor ETF 0.0 12 23 8.6 +1.9
RECS Columbia Research Enhanced Core ETF 0.0 15 20 6.1 -0.7
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 23 6.7 -0.0
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 15 7.1 +0.3
DSI iShares MSCI KLD 400 Social ETF 0.0 25 10 5.1 -1.7
IUSV iShares Core S&P US Value ETF 0.0 4 31 6.7 -0.0
IWD iShares Russell 1000 Value ETF 0.0 19 16 6.6 -0.1
VONV Vanguard Russell 1000 Value ETF 0.0 8 27 6.7 0.0
DCOR Dimensional US Core Equity 1 ETF 0.0 14 21 5.6 -1.1
DFAU Dimensional US Core Equity Market ETF 0.0 12 23 5.3 -1.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 32 5.1 -1.6
DFUV Dimensional US Marketwide Value ETF 0.0 22 13 8.0 +1.2
SCHB Schwab U.S. Broad Market ETF 0.0 3 32 5.2 -1.5
IWB iShares Russell 1000 ETF 0.0 15 20 5.1 -1.6
IWV iShares Russell 3000 ETF 0.0 20 15 5.0 -1.7
IYY iShares Dow Jones U.S. ETF 0.0 20 15 5.0 -1.7
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.0 3 32 5.4 -1.3
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 26 4.9 -1.8
VONE Vanguard Russell 1000 ETF 0.0 8 27 5.2 -1.6
VTHR Vanguard Russell 3000 ETF 0.0 10 25 5.1 -1.6
VTI Vanguard Total Stock Market ETF 0.0 3 32 5.1 -1.6
DFUS Dimensional U.S. Equity ETF 0.0 9 26 5.1 -1.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 23 4.7 -2.0
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 24 5.1 -1.6
EBI Longview Advantage ETF 0.0 35 0 6.9 +0.1

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Themes European Luxury ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 7.9 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 6.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.71 CATEGORY
AVERAGE		 1.55
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.