Themes European Luxury ETF
ALTAR
Score™		 -2.3% info Recommen-
dation		 AVOID
2024E    2025E
P/E
ratio		 26.2x P/Sales
ratio		 1.3x
P/BV
ratio		 1.6x Div.
yield		 2.6%


  • 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 25
Wgt avg mkt cap (mns) $35,488
Large cap (>$10bn) 44.5%
Mid cap ($2-10bn) 24.8%
Small cap (<$2bn) 26.6%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
BURBERRY GROUP PLC 5.4 %
BRUNELLO CUCINELLI S.P.A. 4.8 %
INTERCONTINENTAL HOTELS GROUP PLC 4.8 %
ACCOR SA 4.8 %
PLAYA HOTELS & RESORTS N.V. 4.7 %
COATS GROUP PLC 4.6 %
WATCHES OF SWITZERLAND GROUP PLC 4.6 %
HUGO BOSS AG -ORD 4.5 %
PRADA S.P.A. 4.5 %
FERRARI NV 4.4 %
Total 47.3 %

TOP COUNTRY EXPOSURE
BRITAIN 24.9 %
FRANCE 23.3 %
ITALY 20.4 %
SWITZERLAND 11.8 %
GERMANY 8.0 %
NETHERLANDS 4.7 %
DENMARK 4.3 %




HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-8.5% -- -- -- -8.5%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $20.80
30d moving avg. $22.64
Annualized volatility 0.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 44

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.00%
ADV underlying (mns) $1,084

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 288 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™: -2.3%


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
(%)
LUXX Roundhill S&P Global Luxury ETF 20.1 45 -10 2.9 +5.1
LUX Tema Luxury ETF 19.3 75 -40 3.0 +5.3
EWQ iShares MSCI France ETF 7.8 53 -18 6.3 +8.5
FEZ SPDR EURO STOXX 50 ETF 7.0 29 6 6.8 +9.1
RXI iShares Global Consumer Discretionary ETF 6.7 41 -6 5.4 +7.6
FLEU Franklin FTSE Eurozone ETF 6.0 9 26 7.3 +9.5
JIG JPMorgan International Growth ETF 6.0 55 -20 4.6 +6.9
FKU First Trust United Kingdom AlphaDEX Fund 6.0 80 -45 8.5 +10.8
IQDG WisdomTree International Quality Dividend Growth Fund 5.8 42 -7 6.8 +9.0
EZU iShares MSCI Eurozone ETF 5.7 52 -17 6.6 +8.9
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 5.7 58 -23 6.4 +8.6
EUDG WisdomTree Europe Quality Dividend Growth Fund 5.5 58 -23 6.5 +8.8
EFG iShares MSCI EAFE Growth ETF 5.0 36 -1 4.5 +6.8
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 4.8 45 -10 6.5 +8.8
IQLT iShares MSCI Intl Quality Factor ETF 4.8 30 5 6.2 +8.5
IDHQ Invesco S&P International Developed High Quality ETF 4.8 29 6 6.5 +8.7
OEUR ALPS O'Shares Europe Quality Dividend ETF 4.6 48 -13 5.7 +7.9
HEDJ WisdomTree Europe Hedged Equity Fund 4.5 58 -23 9.5 +11.7
EWI iShares MSCI Italy ETF 4.4 50 -15 8.1 +10.4
EWL iShares MSCI Switzerland ETF 4.3 50 -15 4.5 +6.7
FLSW Franklin FTSE Switzerland ETF 4.3 9 26 5.3 +7.5
DSTX Distillate International Fundamental Stability & Value ETF 4.3 55 -20 8.0 +10.2
IPKW Invesco International BuyBack Achievers ETF 4.0 55 -20 11.0 +13.3
IEV iShares Europe ETF 4.0 67 -32 6.6 +8.9
IQDY FlexShares International Quality Dividend Dynamic Index Fund 3.8 47 -12 9.4 +11.6
FSZ First Trust Switzerland AlphaDEX Fund 3.8 80 -45 4.2 +6.5
DIHP Dimensional International High Profitability ETF 3.7 29 6 7.6 +9.9
IEUR iShares Core MSCI Europe ETF 3.7 11 24 7.1 +9.3
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 3.6 25 10 7.2 +9.4
DBEU Xtrackers MSCI Europe Hedged Equity ETF 3.6 46 -11 6.5 +8.7
SPEU SPDR Portfolio Europe ETF 3.5 7 28 7.1 +9.3
BBEU JPMorgan BetaBuilders Europe ETF 3.5 9 26 7.1 +9.4
EDEN iShares MSCI Denmark ETF 3.5 53 -18 6.9 +9.2
VGK Vanguard FTSE Europe ETF 3.5 11 24 7.1 +9.3
FGM First Trust Germany AlphaDEX Fund 3.3 80 -45 6.0 +8.2
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 3.3 14 21 6.2 +8.4
FLEE Franklin FTSE Europe ETF 3.3 9 26 7.2 +9.4
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 3.3 80 -45 3.2 +5.4
BKCI BNY Mellon Concentrated International ETF 3.2 80 -45 4.2 +6.4
BEDZ AdvisorShares Hotel ETF 3.2 100 -65 1.7 +4.0
CGGO Capital Group Global Growth Equity ETF 3.2 47 -12 4.6 +6.8
IMFL Invesco International Developed Dynamic Multifactor ETF 3.2 34 1 5.9 +8.1
OSEA Harbor International Compounders ETF 3.2 55 -20 4.3 +6.5
BINV Brandes International ETF 3.1 70 -35 8.5 +10.7
JIRE JPMorgan International Research Enhanced Equity ETF 3.0 24 11 7.1 +9.4
IDRV iShares Self-driving EV & Tech ETF 3.0 47 -12 -0.4 +1.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 2.8 35 0 6.6 +8.9
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 2.8 20 15 6.5 +8.8
TTAI FCF International Quality ETF 2.7 59 -24 5.6 +7.9
INTF iShares International Equity Factor ETF 2.7 15 20 8.2 +10.4
IQSI IQ Candriam International Equity ETF 2.6 15 20 6.6 +8.9
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 2.6 42 -7 8.1 +10.3
EFA iShares MSCI EAFE ETF 2.6 35 0 6.9 +9.2
IQDF FlexShares International Quality Dividend Index Fund 2.6 47 -12 12.9 +15.1
QEFA SPDR MSCI EAFE StrategicFactors ETF 2.5 30 5 7.3 +9.5
AGQI First Trust Active Global Quality Income ETF 2.5 85 -50 5.9 +8.1
UMMA Wahed Dow Jones Islamic World ETF 2.4 65 -30 4.6 +6.8
JGLO JPMorgan Global Select Equity ETF 2.4 33 2 4.5 +6.7
CBSE Clough Select Equity ETF 2.4 85 -50 0.4 +2.6
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 2.3 36 -1 6.6 +8.8
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 2.3 65 -30 4.3 +6.6
IEFA iShares Core MSCI EAFE ETF 2.3 7 28 7.1 +9.4
GSID Goldman Sachs MarketBeta International Equity ETF 2.3 20 15 7.0 +9.2
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 2.3 12 23 5.9 +8.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 2.3 25 10 7.2 +9.5
RFEU First Trust Riverfront Dynamic Europe ETF 2.2 83 -48 11.1 +13.4
DIVI Franklin International Core Dividend Tilt Index ETF 2.2 9 26 8.1 +10.4
HFXI IQ FTSE International Equity Currency Neutral ETF 2.2 20 15 7.1 +9.3
STXI Strive International Developed Markets ETF 2.1 29 6 6.9 +9.1
BKIE BNY Mellon International Equity ETF 2.1 4 31 7.1 +9.3
IDEV iShares Core MSCI International Developed Markets ETF 2.1 4 31 7.1 +9.4
GBUY Goldman Sachs Future Consumer Equity ETF 2.1 75 -40 3.3 +5.6
CGIE Capital Group International Equity ETF 2.1 54 -19 4.9 +7.2
AZTD Aztlan Global Stock Selection DM SMID ETF 2.0 75 -40 7.8 +10.0
DOL WisdomTree International LargeCap Dividend Fund 2.0 48 -13 7.9 +10.2
SPDW SPDR Portfolio Developed World ex-US ETF 1.9 3 32 7.2 +9.4
EWUS iShares MSCI United Kingdom Small Cap ETF 1.9 59 -24 5.8 +8.0
DFSI Dimensional International Sustainability Core 1 ETF 1.9 24 11 6.5 +8.7
GVIP Goldman Sachs Hedge Industry VIP ETF 1.9 45 -10 4.8 +7.0
QINT American Century Quality Diversified International ETF 1.9 39 -4 7.7 +10.0
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.9 20 15 6.9 +9.2
VEA Vanguard FTSE Developed Markets ETF 1.8 5 30 7.3 +9.6
JHID John Hancock International High Dividend ETF 1.8 46 -11 11.3 +13.6
CRUZ Defiance Hotel Airline and Cruise ETF 1.8 45 -10 -4.6 -2.3
DFAI Dimensional International Core Equity Market ETF 1.8 18 17 7.3 +9.5
DMDV AAM S&P Developed Markets High Dividend Value ETF 1.8 39 -4 12.1 +14.3
FEP First Trust Europe AlphaDEX Fund 1.8 80 -45 7.8 +10.0
MOTG VanEck Morningstar Global Wide Moat ETF 1.8 52 -17 5.6 +7.9
AVDE Avantis International Equity ETF 1.7 23 12 8.1 +10.3
CWI SPDR MSCI ACWI ex-US ETF 1.7 30 5 6.9 +9.2
ARB AltShares Merger Arbitrage ETF 1.7 77 -42 4.4 +6.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 1.7 40 -5 7.9 +10.2
SCHF Schwab International Equity ETF 1.7 6 29 7.5 +9.7
DWM WisdomTree International Equity Fund 1.6 48 -13 8.0 +10.2
FPAG FPA Global Equity ETF 1.6 49 -14 5.4 +7.7
AVIV Avantis International Large Cap Value ETF 1.6 25 10 9.0 +11.2
JHMD John Hancock Multifactor Developed International ETF 1.6 39 -4 7.8 +10.0
ESGD iShares ESG Aware MSCI EAFE ETF 1.6 20 15 6.9 +9.2
IQDE FlexShares International Quality Dividend Defensive Index ET 1.6 47 -12 14.8 +17.1
RFDI First Trust Riverfront Dynamic Developed International ETF 1.6 83 -48 10.0 +12.2
GDVD R3 Global Dividend Growth ETF 1.6 88 -53 5.5 +7.8
CGXU Capital Group International Focus Equity ETF 1.6 54 -19 4.9 +7.1
ACWX iShares MSCI ACWI ex U.S. ETF 1.6 34 1 7.0 +9.2
AVSD Avantis Responsible International Equity ETF 1.5 23 12 7.1 +9.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.5 41 -6 7.4 +9.7
DMXF iShares ESG Advanced MSCI EAFE ETF 1.4 12 23 5.5 +7.8
VEU Vanguard FTSE All-World ex-US Index Fund 1.4 8 27 7.3 +9.5
IXUS iShares Core MSCI Total International Stock ETF 1.4 7 28 7.2 +9.4
WWJD Inspire International ETF 1.4 80 -45 7.3 +9.5
DTAN Sparkline International Intangible Value ETF 1.4 55 -20 9.2 +11.4
VXUS Vanguard Total International Stock ETF 1.3 7 28 7.2 +9.4
DFIV Dimensional International Value ETF 1.3 27 8 10.0 +12.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.3 18 17 7.0 +9.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.3 39 -4 7.4 +9.7
BWEB Bitwise Web3 ETF 1.3 85 -50 0.7 +3.0
IEUS iShares MSCI Europe Small-Cap ETF 1.3 42 -7 6.4 +8.7
DIM WisdomTree International MidCap Dividend Fund 1.3 58 -23 7.7 +10.0
IQIN IQ 500 International ETF 1.2 25 10 9.2 +11.4
DFIC Dimensional International Core Equity 2 ETF 1.2 23 12 7.7 +10.0
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.1 58 -23 9.2 +11.5
CIL VictoryShares International Volatility Wtd ETF 1.1 45 -10 7.0 +9.2
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 1.1 51 -16 7.1 +9.4
UIVM VictoryShares International Value Momentum ETF 1.0 35 0 11.0 +13.3
FLHK Franklin FTSE Hong Kong ETF 1.0 9 26 6.8 +9.1
BIGFX Baron International Growth Retail 1.0 75 -40 3.1 +5.4
EFAV iShares MSCI EAFE Min Vol Factor ETF 1.0 22 13 6.6 +8.8
FDEV Fidelity International Multifactor ETF 1.0 18 17 7.8 +10.0
FEUZ First Trust Eurozone AlphaDEX ETF 1.0 80 -45 6.7 +8.9
NUDM Nuveen ESG International Developed Markets Equity ETF 1.0 31 4 6.7 +8.9
TPIF Timothy Plan International ETF 1.0 62 -27 6.8 +9.0
CGDG Capital Group Dividend Growers ETF 1.0 47 -12 6.6 +8.9
PCGG Polen Capital Global Growth ETF 0.9 85 -50 3.5 +5.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.9 30 5 8.0 +10.2
VSGX Vanguard ESG International Stock ETF 0.8 12 23 6.8 +9.0
CZAR Themes Natural Monopoly ETF 0.8 35 0 6.3 +8.5
EWU iShares MSCI United Kingdom ETF 0.8 50 -15 8.4 +10.7
ESGG FlexShares STOXX Global ESG Select Index Fund 0.8 42 -7 5.1 +7.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.7 20 15 5.2 +7.4
FLGB Franklin FTSE United Kingdom ETF 0.7 9 26 7.9 +10.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.7 39 -4 7.5 +9.8
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.7 80 -45 9.1 +11.3
ISCF iShares International SmallCap Equity Factor ETF 0.7 23 12 9.1 +11.4
BLES Inspire Global Hope ETF 0.7 61 -26 6.4 +8.7
FENI Fidelity Enhanced International ETF 0.7 28 7 8.1 +10.3
QWLD SPDR MSCI World StrategicFactors ETF 0.7 30 5 5.9 +8.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.7 45 -10 8.9 +11.2
KOKU Xtrackers MSCI Kokusai Equity ETF 0.7 9 26 5.2 +7.5
TOK iShares MSCI Kokusai ETF 0.6 26 9 5.0 +7.3
KLMT Invesco MSCI Global Climate 500 ETF 0.6 10 25 5.4 +7.7
DFE WisdomTree Europe SmallCap Dividend Fund 0.6 58 -23 10.7 +13.0
SCZ iShares MSCI EAFE Small-Cap ETF 0.6 40 -5 6.6 +8.8
DWMF WisdomTree International Multifactor Fund 0.6 38 -3 7.4 +9.7
DGT SPDR Global Dow ETF 0.6 50 -15 6.8 +9.0
URTH iShares MSCI World ETF 0.6 24 11 5.2 +7.4
IMTM iShares MSCI Intl Momentum Factor ETF 0.6 30 5 6.3 +8.6
GLBL Pacer MSCI World Industry Advantage ETF 0.6 65 -30 4.7 +7.0
EQIN Columbia US Equity Income ETF 0.6 35 0 8.3 +10.6
APIE ActivePassive International Equity ETF 0.6 45 -10 8.1 +10.4
FIDI Fidelity International High Dividend ETF 0.6 18 17 10.9 +13.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.6 9 26 5.4 +7.6
IOO iShares Global 100 ETF 0.6 41 -6 4.8 +7.1
IDLV Invesco S&P International Developed Low Volatility ETF 0.6 25 10 6.2 +8.5
GLOF iShares Global Equity Factor ETF 0.5 20 15 7.0 +9.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.5 24 11 8.7 +10.9
ACWI iShares MSCI ACWI ETF 0.5 32 3 5.3 +7.5
RAYD Rayliant Quantitative Developed Market Equity ETF 0.5 80 -45 3.8 +6.1
DFIS Dimensional International Small Cap ETF 0.5 39 -4 6.9 +9.1
CGUS Capital Group Core Equity ETF 0.5 33 2 4.4 +6.7
FNDF Schwab Fundamental International Large Co. Index ETF 0.5 25 10 9.9 +12.1
HART IQ Healthy Hearts ETF 0.5 45 -10 5.0 +7.2
AVDV Avantis International Small Cap Value ETF 0.5 36 -1 8.1 +10.4
JPIN J.P. Morgan Diversified Return International Equity ETF 0.5 37 -2 8.9 +11.1
VT Vanguard Total World Stock ETF 0.5 7 28 5.5 +7.8
CGGR Capital Group Growth ETF 0.5 39 -4 3.2 +5.5
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 0.5 80 -45 5.6 +7.8
VIDI Vident International Equity Strategy ETF 0.4 61 -26 10.2 +12.5
FYT First Trust Small Cap Value AlphaDEX Fund 0.4 73 -38 7.8 +10.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.4 32 3 6.0 +8.2
SCHC Schwab International Small-Cap Equity ETF 0.4 11 24 6.6 +8.8
EWG iShares MSCI Germany ETF 0.4 50 -15 6.4 +8.6
DAX Global X DAX Germany ETF 0.4 21 14 6.9 +9.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 -14 7.0 +9.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 -4 7.2 +9.5
JHSC John Hancock Multifactor Small Cap ETF 0.3 42 -7 6.6 +8.8
SMDY Syntax Stratified MidCap ETF 0.3 35 0 5.8 +8.0
DLS WisdomTree International SmallCap Dividend Fund 0.3 58 -23 8.8 +11.1
IDMO Invesco S&P International Developed Momentum ETF 0.3 25 10 5.9 +8.1
FYX First Trust Small Cap Core AlphaDEX Fund 0.3 61 -26 4.6 +6.8
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.3 7 28 6.7 +8.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 23 4.8 +7.0
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 0.2 9 26 9.9 +12.1
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.2 70 -35 3.5 +5.8
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.2 80 -45 10.8 +13.1
IVLU iShares MSCI Intl Value Factor ETF 0.2 30 5 11.4 +13.7
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.2 15 20 6.8 +9.0
PATN Pacer Nasdaq International Patent Leaders ETF 0.2 65 -30 6.5 +8.7
OCEN IQ Clean Oceans ETF 0.2 45 -10 6.1 +8.3
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 0.2 35 0 4.6 +6.8
WLDR Affinity World Leaders Equity ETF 0.2 67 -32 8.1 +10.3
MILN Global X Millennial Consumer ETF 0.2 50 -15 2.6 +4.8
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.2 8 27 4.5 +6.7
DFSV Dimensional US Small Cap Value ETF 0.1 31 4 8.3 +10.5
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 10 8.8 +11.1
EFV iShares MSCI EAFE Value ETF 0.1 34 1 9.4 +11.7
GWX SPDR S&P International Small Cap ETF 0.1 40 -5 6.5 +8.7
JAVA JPMorgan Active Value ETF 0.1 44 -9 5.7 +8.0
STXK Strive Small-Cap ETF 0.1 18 17 5.0 +7.2
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.1 4 31 5.6 +7.9
RWK Invesco S&P MidCap 400 Revenue ETF 0.1 39 -4 6.9 +9.2
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 7 7.8 +10.0
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.1 17 18 4.7 +6.9
RODE Hartford Multifactor Diversified International ETF 0.1 29 6 11.8 +14.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.1 7 28 5.3 +7.6
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 11 7.0 +9.3
ISCV iShares Morningstar Small Cap Value ETF 0.1 6 29 7.2 +9.4
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 10 4.7 +6.9
JVAL JPMorgan U.S. Value Factor ETF 0.1 12 23 7.8 +10.0
VCR Vanguard Consumer Discretionary ETF 0.1 10 25 4.4 +6.6
XJH iShares ESG Screened S&P Mid-Cap ETF 0.1 12 23 6.5 +8.7
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 67 -32 8.6 +10.8
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 -7 6.1 +8.3
IJJ iShares S&P Mid-Cap 400 Value ETF 0.1 18 17 6.9 +9.2
MDYV SPDR S&P 400 Mid Cap Value ETF 0.1 15 20 7.0 +9.2
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.1 15 20 7.0 +9.3
SCHA Schwab U.S. Small-Cap ETF 0.1 4 31 4.4 +6.7
IJH iShares Core S&P Mid-Cap ETF 0.1 5 30 6.4 +8.6
MDY SPDR S&P Midcap 400 ETF Trust 0.1 24 11 6.2 +8.4
VYMI Vanguard International High Dividend Yield ETF 0.1 22 13 9.8 +12.1
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.1 3 32 6.4 +8.6
IVOO Vanguard S&P Mid-Cap 400 ETF 0.1 10 25 6.4 +8.6
IJK iShares S&P Mid-Cap 400 Growth ETF 0.1 17 18 5.7 +8.0
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.1 15 20 5.7 +8.0
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.1 15 20 5.7 +8.0
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.1 15 20 6.7 +9.0
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 20 6.1 +8.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 -4 4.1 +6.3
VBR Vanguard Small Cap Value ETF 0.1 7 28 7.8 +10.1
DFAS Dimensional U.S. Small Cap ETF 0.1 26 9 5.5 +7.8
IEDI iShares U.S. Consumer Focused ETF 0.1 18 17 5.1 +7.4
DISV Dimensional International Small Cap Value ETF 0.1 42 -7 9.1 +11.4
ISCB iShares Morningstar Small-Cap ETF 0.1 4 31 4.8 +7.0
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 10 5.2 +7.5
VXF Vanguard Extended Market ETF 0.0 6 29 3.5 +5.7
VPL Vanguard FTSE Pacific ETF 0.0 8 27 7.7 +10.0
SFYX SoFi Next 500 ETF 0.0 0 35 4.7 +7.0
FLAX Franklin FTSE Asia Ex Japan ETF 0.0 19 16 6.9 +9.1
IYC iShares U.S. Consumer Discretionary ETF 0.0 40 -5 3.4 +5.6
VB Vanguard Small-Cap ETF 0.0 5 30 4.9 +7.2
SMMD iShares Russell 2500 ETF 0.0 15 20 5.5 +7.8
AVUS Avantis U.S. Equity ETF 0.0 15 20 5.6 +7.9
DFUV Dimensional US Marketwide Value ETF 0.0 22 13 7.2 +9.4
EQAL Invesco Russell 1000 Equal Weight ETF 0.0 20 15 6.3 +8.5
IWS iShares Russell Mid-Cap Value ETF 0.0 23 12 6.2 +8.5
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 20 4.7 +6.9
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 23 6.2 +8.5
IUS Invesco RAFI Strategic US ETF 0.0 19 16 6.8 +9.1
IWR iShares Russell Midcap ETF 0.0 19 16 5.4 +7.7
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 18 5.3 +7.6
JSTC Adasina Social Justice All Cap Global ETF 0.0 89 -54 4.9 +7.2
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 10 6.8 +9.1
STXV Strive 1000 Value ETF 0.0 18 17 7.5 +9.8
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 10 6.8 +9.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 14 3.8 +6.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 6 6.4 +8.6
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 24 4.9 +7.2
IWD iShares Russell 1000 Value ETF 0.0 19 16 6.1 +8.4
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 -4 6.8 +9.0
DSI iShares MSCI KLD 400 Social ETF 0.0 25 10 5.0 +7.3
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 23 6.7 +8.9
VONV Vanguard Russell 1000 Value ETF 0.0 8 27 6.3 +8.5
DCOR Dimensional US Core Equity 1 ETF 0.0 14 21 5.3 +7.6
DFAU Dimensional US Core Equity Market ETF 0.0 12 23 5.0 +7.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 32 4.8 +7.1
IUSV iShares Core S&P US Value ETF 0.0 4 31 6.4 +8.7
SCHB Schwab U.S. Broad Market ETF 0.0 3 32 4.9 +7.1
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.0 3 32 5.1 +7.4
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 26 4.8 +7.0
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 31 4.7 +6.9
IWB iShares Russell 1000 ETF 0.0 15 20 4.8 +7.1
IWV iShares Russell 3000 ETF 0.0 20 15 4.7 +6.9
IYY iShares Dow Jones U.S. ETF 0.0 20 15 4.8 +7.0
VONE Vanguard Russell 1000 ETF 0.0 8 27 4.9 +7.1
VTHR Vanguard Russell 3000 ETF 0.0 10 25 4.7 +7.0
VTI Vanguard Total Stock Market ETF 0.0 3 32 4.7 +7.0
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 17 5.4 +7.7
DFUS Dimensional U.S. Equity ETF 0.0 9 26 4.9 +7.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 23 4.5 +6.8
AVLV Avantis U.S. Large Cap Value ETF 0.0 15 20 7.1 +9.4

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
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:

AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity -2.8 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 35 bp
Equals: ALTAR Score -2.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.66 CATEGORY
AVERAGE		 1.53
 
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.