FMQQ The Next Frontier Internet & Ecommerce ETF
ALTAR
Score™		 0.3% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 33.1x P/Sales
ratio		 2.8x
P/BV
ratio		 3.7x Div.
yield		 0.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
FMQQ is a passively managed fund that invests in internet and e-commerce companies from emerging and frontier markets.

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Exchange Traded Concepts
Website fmqqetf.com/
Inception date Sep 27, 2021
Assets (mns) $28
Currency USD
Expense ratio 86 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 45
Wgt avg mkt cap (mns) $226,180
Large cap (>$10bn) 75.3%
Mid cap ($2-10bn) 23.4%
Small cap (<$2bn) 1.4%
Developed mkts 15.3%
Emerging mkts 84.7%

TOP TEN HOLDINGS
RELIANCE INDS-SPONS GDR 144A 26.7 %
MERCADOLIBRE INC 8.2 %
NU HOLDINGS LTD. CLASS A 8.1 %
BAJAJ FINANCE LTD 8.0 %
ZOMATO LTD. 7.7 %
SEA LTD. (SINGAPORE) SPONSORED ADR 7.7 %
GRAB HOLDINGS LTD. (SINGAPORE) CLA 4.7 %
KASPI.KZ JSC SPONSORED GDR REGS 4.7 %
JIO FINANCIAL SERVICES LTD 4.1 %
COUPANG, INC. CLASS A 3.3 %
Total 83.1 %

TOP COUNTRY EXPOSURE
INDIA 43.4 %
SINGAPORE 12.4 %
SOUTH KOREA 9.3 %
ARGENTINA 8.2 %
CAYMAN ISLANDS 8.1 %
BRAZIL 4.8 %
KAZAKHSTAN 4.7 %
LUXEMBOURG 2.1 %
GERMANY 1.4 %
URUGUAY 0.5 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
-9.3% 1.3% -- -- -14.2%

Market Correlations
versus... Beta R-squared
S&P500 0.78 57%
MSCI EAFE 0.90 55%
MSCI Emg. Mkts. 0.84 57%

Technical Indicators
Recent close $11.26
30d moving avg. $12.65
Annualized volatility 18.9%
Short interest (ETF) 0.1%
Relative strength (RSI) 27

Liquidity measures
Avg. volume (thou.) 10
Turnover 0.4%
Bid/Ask (% of price) 0.51%
ADV underlying (mns) $1,550

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 457 potential alternatives to the FMQQ The Next Frontier Internet & Ecommerce ETF ETF based on the alternatives' overlap in portfolio holdings with FMQQ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FMQQ Expense: 86 bp ALTAR Score™: 0.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FMQQ
Ticker Fund
Name		 Overlap1
vs FMQQ
(%)		 Expense
ratio
(bp)		 Savings
vs FMQQ
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FMQQ
(%)
INQQ India Internet & Ecommerce ETF 41.6 86 0 0.6 +0.4
EPI WisdomTree India Earnings Fund 25.0 85 1 5.0 +4.8
FLIN Franklin FTSE India ETF 22.1 19 67 4.1 +3.8
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 18.5 60 26 9.3 +9.1
XC WisdomTree Emerging Markets Ex-China Fund 17.6 32 54 6.5 +6.2
MINV Matthews Asia Innovators Active ETF 15.1 79 7 6.6 +6.4
CGXU Capital Group International Focus Equity ETF 12.6 54 32 4.4 +4.1
DGIN VanEck Digital India ETF 11.8 71 15 1.6 +1.3
TOGA Tremblant Global ETF 11.0 69 17 -0.2 -0.4
BPAY BlackRock Future Financial and Technology ETF 10.4 70 16 5.9 +5.7
EBIZ Global X E-Commerce ETF 9.9 50 36 4.7 +4.4
EWZ iShares MSCI Brazil ETF 9.8 58 28 10.5 +10.2
BRAZ Global X Brazil Active ETF 9.5 75 11 10.0 +9.7
FDNI First Trust Dow Jones International Internet ETF 8.6 65 21 21.9 +21.6
BUYZ Franklin Disruptive Commerce ETF 8.2 50 36 2.4 +2.1
ARGT Global X MSCI Argentina ETF 8.2 59 27 3.5 +3.2
ILF iShares Latin America 40 ETF 8.1 48 38 9.7 +9.5
MVPA Miller Value Partners Appreciation ETF 8.1 60 26 10.6 +10.4
OTGL OTG Latin America ETF 7.8 269 -183 7.8 +7.5
ONLN ProShares Online Retail ETF 7.8 58 28 1.3 +1.0
EWS iShares MSCI Singapore ETF 7.8 50 36 4.4 +4.1
ISHP First Trust Nasdaq Retail ETF 7.6 60 26 5.3 +5.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 7.6 20 66 -0.2 -0.5
AOTG AOT Growth and Innovation ETF 7.5 75 11 1.6 +1.3
ARKF ARK Fintech Innovation ETF 6.2 75 11 0.2 -0.0
PNQI Invesco NASDAQ Internet ETF 6.1 60 26 3.8 +3.5
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 5.9 24 62 6.3 +6.0
MEM Matthews Emerging Markets Equity Active ETF 5.9 79 7 9.4 +9.2
OND ProShares On-Demand ETF 5.6 58 28 0.5 +0.2
FDCF Fidelity Disruptive Communications ETF 5.4 50 36 2.1 +1.8
CDIG City Different Investments Global Equity ETF 5.4 75 11 -1.6 -1.9
ABLG Abacus FCF International Leaders ETF 5.3 59 27 6.6 +6.3
LOUP Innovator Deepwater Frontier Tech ETF 5.2 70 16 1.2 +0.9
INCO Columbia India Consumer ETF 5.1 75 11 2.2 +1.9
SOCL Global X Social Media ETF 4.9 65 21 11.9 +11.7
BLOK Amplify Transformational Data Sharing ETF 4.8 75 11 -0.1 -0.3
TMAT Main Thematic Innovation ETF 4.7 164 -78 -2.0 -2.3
FLAX Franklin FTSE Asia Ex Japan ETF 4.6 19 67 8.0 +7.7
FFF Founders 100 ETF 4.6 75 11 2.8 +2.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 4.6 33 53 7.6 +7.3
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 4.5 15 71 8.8 +8.6
BKEM BNY Mellon Emerging Markets Equity ETF 4.4 11 75 8.7 +8.4
BCOR Grayscale Bitcoin Adopters ETF 4.4 59 27 1.9 +1.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 4.4 36 50 8.4 +8.2
JHEM John Hancock Multifactor Emerging Markets ETF 4.3 49 37 8.3 +8.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 4.2 66 20 8.0 +7.8
JADE JPMorgan Active Developing Markets Equity ETF 4.1 65 21 6.7 +6.5
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 4.1 32 54 5.5 +5.3
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 4.0 75 11 3.8 +3.5
METV Roundhill Ball Metaverse ETF 3.9 59 27 8.6 +8.4
CLOD Themes Cloud Computing ETF 3.7 35 51 3.5 +3.2
GVIP Goldman Sachs Hedge Industry VIP ETF 3.6 45 41 2.8 +2.5
IBUY Amplify Online Retail ETF 3.4 65 21 2.4 +2.1
FLKR Franklin FTSE South Korea ETF 3.4 9 77 5.8 +5.6
LOGO Alpha Brands Consumption Leaders ETF 3.3 69 17 2.6 +2.3
DINT Davis Select International ETF 3.3 55 31 6.4 +6.1
EMC Global X Emerging Markets Great Consumer ETF 3.2 75 11 7.9 +7.7
ARTY iShares Future AI & Tech ETF 3.2 47 39 3.5 +3.2
ITOL Tema International Durable Quality ETF 3.2 60 26 5.3 +5.0
OGIG ALPS O'Shares Global Internet Giants ETF 3.2 48 38 2.6 +2.3
NDIA Global X India Active ETF 3.1 75 11 5.0 +4.7
IPO Renaissance IPO ETF 3.1 60 26 2.1 +1.8
OSEA Harbor International Compounders ETF 3.0 55 31 4.2 +4.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 2.8 45 41 9.0 +8.8
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 2.8 75 11 6.3 +6.0
FDFF Fidelity Disruptive Finance ETF 2.7 50 36 5.7 +5.5
CGGO Capital Group Global Growth Equity ETF 2.7 47 39 4.6 +4.3
ANEW ProShares MSCI Transformational Changes ETF 2.6 45 41 4.6 +4.3
FLN First Trust Latin America AlphaDEX Fund 2.5 80 6 10.3 +10.0
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.4 75 11 2.6 +2.3
XCEM Columbia EM Core ex-China ETF 2.4 16 70 5.8 +5.5
EWY iShares MSCI South Korea ETF 2.3 58 28 4.7 +4.4
AADR AdvisorShares Dorsey Wright ADR ETF 2.3 110 -24 2.9 +2.7
CBSE Clough Select Equity ETF 2.3 85 1 0.5 +0.3
AWAY ETFMG Travel Tech ETF 2.3 76 10 1.2 +0.9
MILN Global X Millennial Consumer ETF 2.3 50 36 4.1 +3.8
FXO First Trust Financials AlphaDEX Fund 2.3 62 24 8.7 +8.5
EMM Global X Emerging Markets ex-China ETF 2.3 75 11 5.6 +5.3
BITQ Bitwise Crypto Industry Innovators ETF 2.2 85 1 -2.4 -2.7
FMET Fidelity Metaverse ETF 2.2 39 47 4.9 +4.7
FFOG Franklin Focused Growth ETF 2.2 61 25 1.8 +1.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 2.2 59 27 9.3 +9.0
TMFG Motley Fool Global Opportunities ETF 2.1 85 1 4.0 +3.7
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 2.1 44 42 9.6 +9.3
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 2.1 32 54 8.3 +8.0
EPOL iShares MSCI Poland ETF 2.1 59 27 10.2 +9.9
FDLS Inspire Fidelis Multi Factor ETF 2.1 76 10 3.6 +3.3
FDIG Fidelity Crypto Industry and Digital Payments ETF 2.0 39 47 -1.3 -1.6
QNXT iShares Nasdaq-100 ex Top 30 ETF 2.0 20 66 4.4 +4.2
EPP iShares MSCI Pacific ex-Japan ETF 2.0 47 39 5.1 +4.8
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.0 39 47 1.3 +1.0
PCGG Polen Capital Global Growth ETF 1.9 85 1 3.9 +3.6
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.9 58 28 3.5 +3.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.9 15 71 9.7 +9.4
VUSG Vanguard Wellington U.S. Growth Active ETF 1.8 35 51 2.6 +2.4
NUEM Nuveen ESG Emerging Markets Equity ETF 1.7 36 50 6.7 +6.4
FDTX Fidelity Disruptive Technology ETF 1.7 50 36 2.2 +1.9
JIG JPMorgan International Growth ETF 1.7 55 31 3.9 +3.6
BKF iShares MSCI BIC ETF 1.6 69 17 13.7 +13.5
ESGE iShares ESG Aware MSCI EM ETF 1.6 25 61 9.2 +9.0
NFTY First Trust India NIFTY 50 Equal Weight ETF 1.6 80 6 4.8 +4.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.6 18 68 6.8 +6.5
USRD Themes US R&D Champions ETF 1.6 29 57 4.4 +4.1
JOET Virtus Terranova US Quality Momentum ETF 1.6 29 57 4.1 +3.8
EMXF iShares ESG Advanced MSCI EM ETF 1.5 16 70 7.6 +7.4
IDMO Invesco S&P International Developed Momentum ETF 1.5 25 61 5.5 +5.2
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.5 40 46 6.8 +6.6
NULG Nuveen ESG Large-Cap Growth ETF 1.5 26 60 3.2 +2.9
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.5 60 26 4.1 +3.8
INDY iShares India 50 ETF 1.5 89 -3 5.1 +4.8
GINN Goldman Sachs Innovate Equity ETF 1.4 52 34 4.0 +3.8
EMXC iShares MSCI Emerging Markets ex China ETF 1.4 25 61 6.0 +5.7
TRFM AAM Transformers ETF 1.4 49 37 1.2 +1.0
LGCF Themes US Cash Flow Champions ETF 1.4 30 56 7.5 +7.2
FDIS Fidelity MSCI Consumer Discretionary Index ETF 1.4 8 78 4.5 +4.3
GXPD Global X PureCap MSCI Consumer Discretionary ETF 1.4 25 61 3.6 +3.4
FINX Global X FinTech ETF 1.4 68 18 3.0 +2.8
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.3 15 71 4.5 +4.3
ESMV iShares ESG MSCI USA Min Vol Factor ETF 1.2 18 68 5.1 +4.9
VCR Vanguard Consumer Discretionary ETF 1.2 9 77 4.5 +4.3
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 1.2 20 66 4.4 +4.1
QQQG Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF 1.2 49 37 3.8 +3.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.2 41 45 6.5 +6.2
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.1 58 28 7.7 +7.5
INDA iShares MSCI India ETF 1.1 65 21 4.5 +4.2
TECB iShares U.S. Tech Breakthrough Multisector ETF 1.1 40 46 3.6 +3.3
XRT State Street SPDR S&P Retail ETF 1.1 35 51 7.8 +7.5
LDEM iShares ESG MSCI EM Leaders ETF 1.1 17 69 12.7 +12.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 1.1 30 56 8.9 +8.7
XCNY SPDR S&P Emerging Markets ex-China ETF 1.1 15 71 6.3 +6.0
EEM iShares MSCI Emerging Markets ETF 1.1 69 17 8.7 +8.5
CGIE Capital Group International Equity ETF 1.1 54 32 4.8 +4.5
KOCG FIS Knights of Columbus Global Belief ETF 1.0 75 11 4.3 +4.1
JETS U.S. Global Jets ETF 1.0 60 26 2.9 +2.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.0 70 16 7.8 +7.6
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.0 35 51 3.9 +3.6
WRND IQ Global Equity R&D Leaders ETF 1.0 18 68 4.3 +4.1
ARKW ARK Next Generation Internet ETF 1.0 87 -1 0.8 +0.5
IEMG iShares Core MSCI Emerging Markets ETF 1.0 9 77 9.0 +8.8
MID American Century Mid Cap Growth Impact ETF 1.0 45 41 3.1 +2.8
GURU Global X Guru Index ETF 1.0 75 11 2.7 +2.4
IYF iShares U.S. Financials ETF 0.9 40 46 6.1 +5.8
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.9 45 41 2.8 +2.5
AFK VanEck Africa Index ETF 0.9 98 -12 11.3 +11.0
DBSC Deepwater Beachfront Small Cap ETF 0.9 85 1 1.3 +1.1
IWP iShares Russell Mid-Cap Growth ETF 0.9 23 63 2.9 +2.6
QGRW WisdomTree U.S. Quality Growth Fund 0.9 28 58 3.1 +2.8
YNOT Horizon Digital Frontier ETF 0.8 75 11 2.9 +2.7
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.8 33 53 7.1 +6.8
DWLD Davis Select Worldwide ETF 0.8 63 23 7.0 +6.7
AVSE Avantis Responsible Emerging Markets Equity ETF 0.8 33 53 7.5 +7.3
DTEC ALPS Disruptive Technologies ETF 0.8 50 36 3.9 +3.6
EWZS iShares MSCI Brazil Small-Cap ETF 0.8 59 27 11.4 +11.1
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.8 65 21 1.6 +1.4
HAPI Harbor Human Capital Factor US Large Cap ETF 0.8 36 50 4.4 +4.1
STXE Strive Emerging Markets Ex-China ETF 0.7 32 54 6.3 +6.0
PSC Principal U.S. Small-Cap ETF 0.7 38 48 4.1 +3.8
NULC Nuveen ESG Large-Cap ETF 0.7 21 65 4.3 +4.1
HAIL State Street SPDR S&P Kensho Smart Mobility ETF 0.7 45 41 -1.6 -1.8
SPEM SPDR Portfolio Emerging Markets ETF 0.7 7 79 10.0 +9.7
GGRW Gabelli Growth Innovators ETF 0.7 90 -4 2.1 +1.9
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -3 4.8 +4.6
QQMG Invesco ESG NASDAQ 100 ETF 0.7 20 66 3.6 +3.3
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.7 30 56 4.2 +4.0
FEOE First Eagle Overseas Equity ETF 0.6 79 7 6.4 +6.1
EEMA iShares MSCI Emerging Markets Asia ETF 0.6 49 37 8.5 +8.2
AVEM Avantis Emerging Markets Equity ETF 0.6 33 53 7.9 +7.6
GPT Intelligent Alpha Atlas ETF 0.6 69 17 6.5 +6.2
VFMV Vanguard U.S. Minimum Volatility ETF 0.6 13 73 5.8 +5.5
ECON Columbia Emerging Markets Consumer ETF 0.6 49 37 7.8 +7.5
QQQ Invesco QQQ Trust Series I 0.6 20 66 3.6 +3.3
QQQM Invesco NASDAQ 100 ETF 0.6 15 71 3.6 +3.4
GVAL Cambria Global Value ETF 0.6 68 18 9.6 +9.3
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.6 20 66 0.9 +0.6
NUDM Nuveen ESG International Developed Markets Equity ETF 0.6 31 55 5.9 +5.6
FEGE First Eagle Global Equity ETF 0.6 79 7 6.2 +5.9
FMDE Fidelity Enhanced Mid Cap ETF 0.6 23 63 5.8 +5.5
EMGF iShares Emerging Markets Equity Factor ETF 0.6 25 61 10.0 +9.8
UEVM VictoryShares Emerging Markets Value Momentum ETF 0.6 45 41 9.9 +9.6
JGRO JPMorgan Active Growth ETF 0.5 44 42 2.6 +2.3
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.5 35 51 6.4 +6.1
EMMF WisdomTree Emerging Markets Multifactor Fund 0.5 48 38 9.3 +9.1
RGEF Rockefeller Global Equity ETF 0.5 55 31 4.2 +3.9
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.5 65 21 8.1 +7.9
IPAC iShares Core MSCI Pacific ETF 0.5 9 77 5.8 +5.6
EMDM First Trust Bloomberg Emerging Market Democracies ETF 0.5 75 11 7.3 +7.1
AIA iShares Asia 50 ETF 0.5 50 36 9.4 +9.2
EFG iShares MSCI EAFE Growth ETF 0.5 36 50 4.0 +3.7
ACWX iShares MSCI ACWI ex U.S. ETF 0.5 34 52 6.8 +6.5
IXP iShares Global Comm Services ETF 0.5 42 44 5.6 +5.3
SMLF iShares U.S. SmallCap Equity Factor ETF 0.5 15 71 5.5 +5.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.5 25 61 6.8 +6.5
FTHF First Trust Emerging Markets Human Flourishing ETF 0.5 75 11 7.1 +6.8
LRGF iShares U.S. Equity Factor ETF 0.5 8 78 5.0 +4.7
CWI SPDR MSCI ACWI ex-US ETF 0.4 30 56 6.9 +6.6
AVSU Avantis Responsible U.S. Equity ETF 0.4 15 71 5.5 +5.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 47 7.2 +6.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 37 6.3 +6.0
IXUS iShares Core MSCI Total International Stock ETF 0.4 7 79 7.0 +6.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.4 41 45 7.5 +7.3
SHE State Street SPDR MSCI USA Gender Diversity ETF 0.4 20 66 4.9 +4.6
PPIE Putnam PanAgora ESG International Equity ETF 0.4 49 37 6.8 +6.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.4 21 65 3.2 +2.9
DFAE Dimensional Emerging Core Equity Market ETF 0.4 35 51 7.7 +7.4
FRDM Freedom 100 Emerging Markets ETF 0.4 49 37 6.5 +6.2
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 0.4 65 21 4.3 +4.1
WWJD Inspire International ETF 0.4 80 6 6.6 +6.3
AVES Avantis Emerging Markets Value ETF 0.4 36 50 9.5 +9.2
IYC iShares U.S. Consumer Discretionary ETF 0.4 40 46 3.6 +3.3
IXG iShares Global Financials ETF 0.4 42 44 6.8 +6.5
GQQQ Astoria US Quality Growth Kings ETF 0.4 35 51 3.7 +3.4
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.4 29 57 8.8 +8.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 66 5.1 +4.8
RECS Columbia Research Enhanced Core ETF 0.4 15 71 5.6 +5.4
FFLC Fidelity Fundamental Large Cap Core ETF 0.4 38 48 4.2 +3.9
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.4 65 21 5.0 +4.7
ACWV iShares MSCI Global Min Vol Factor ETF 0.4 20 66 5.7 +5.4
CGV Conductor Global Equity Value ETF 0.4 130 -44 7.8 +7.6
ESPO VanEck Video Gaming and eSports ETF 0.4 56 30 6.2 +6.0
HERO Global X Video Games & Esports ETF 0.4 50 36 5.6 +5.3
NERD Roundhill Video Games ETF 0.4 50 36 7.3 +7.1
ODDS Pacer BlueStar Digital Entertainment ETF 0.4 60 26 4.5 +4.2
DFEV Dimensional Emerging Markets Value ETF 0.4 43 43 10.7 +10.4
VPL Vanguard FTSE Pacific ETF 0.3 7 79 5.9 +5.6
ESGV Vanguard ESG U.S. Stock ETF 0.3 9 77 4.5 +4.3
BUZZ VanEck Social Sentiment ETF 0.3 75 11 -0.7 -0.9
EGUS iShares ESG Aware MSCI USA Growth ETF 0.3 18 68 3.3 +3.0
USXF iShares ESG Advanced MSCI USA ETF 0.3 10 76 4.3 +4.0
WOMN Impact Shares YWCA Women's Empowerment ETF 0.3 75 11 5.0 +4.7
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.3 12 74 3.6 +3.3
JIRE JPMorgan International Research Enhanced Equity ETF 0.3 24 62 6.1 +5.9
VXF Vanguard Extended Market ETF 0.3 5 81 4.1 +3.9
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.3 9 77 4.7 +4.4
SUSA iShares MSCI USA ESG Select ETF 0.3 25 61 4.3 +4.1
USMV iShares MSCI USA Min Vol Factor ETF 0.3 15 71 5.2 +4.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.3 36 50 5.7 +5.4
AVUS Avantis U.S. Equity ETF 0.3 15 71 5.2 +4.9
IWO iShares Russell 2000 Growth ETF 0.3 24 62 0.6 +0.3
IPKW Invesco International BuyBack Achievers ETF 0.3 55 31 8.4 +8.1
FLGR Franklin FTSE Germany ETF 0.3 9 77 6.8 +6.5
VEXC Vanguard Emerging Markets Ex-China ETF 0.3 7 79 6.3 +6.0
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.3 35 51 6.0 +5.7
KLMT Invesco MSCI Global Climate 500 ETF 0.3 10 76 5.4 +5.1
IMFL Invesco International Developed Dynamic Multifactor ETF 0.3 34 52 5.4 +5.1
GMF SPDR S&P Emerging Asia Pacific ETF 0.3 49 37 9.2 +8.9
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.3 10 76 4.5 +4.2
VFQY Vanguard U.S. Quality Factor ETF 0.3 13 73 5.9 +5.6
FTC First Trust Large Cap Growth AlphaDEX Fund 0.3 59 27 2.0 +1.8
TPIF Timothy Plan International ETF 0.3 62 24 5.8 +5.5
GLOF iShares Global Equity Factor ETF 0.3 20 66 6.0 +5.8
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.3 58 28 4.9 +4.6
PTL Inspire 500 ETF 0.3 9 77 4.7 +4.5
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.3 12 74 5.6 +5.3
IMCG iShares Morningstar Mid-Cap Growth ETF 0.3 6 80 3.7 +3.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 3 83 6.3 +6.0
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.3 20 66 6.5 +6.2
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.3 52 34 5.0 +4.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.3 30 56 8.5 +8.2
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 66 6.2 +5.9
PID Invesco International Dividend Achievers ETF 0.3 53 33 4.1 +3.8
VONG Vanguard Russell 1000 Growth ETF 0.3 7 79 3.7 +3.5
IWF iShares Russell 1000 Growth ETF 0.3 19 67 3.6 +3.3
SUSL iShares ESG MSCI USA Leaders ETF 0.3 10 76 4.5 +4.2
ACWI iShares MSCI ACWI ETF 0.3 32 54 5.0 +4.8
AVUQ Avantis U.S. Quality ETF 0.3 15 71 3.8 +3.6
IWR iShares Russell Midcap ETF 0.2 19 67 5.7 +5.5
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.2 20 66 5.9 +5.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 74 4.8 +4.5
ILCG iShares Morningstar Growth ETF 0.2 4 82 3.3 +3.0
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.2 7 79 4.6 +4.4
FPAG FPA Global Equity ETF 0.2 49 37 6.3 +6.0
BKIE BNY Mellon International Equity ETF 0.2 4 82 6.3 +6.0
VT Vanguard Total World Stock ETF 0.2 6 80 5.4 +5.1
VSGX Vanguard ESG International Stock ETF 0.2 10 76 7.1 +6.9
VTWG Vanguard Russell 2000 Growth ETF 0.2 10 76 0.7 +0.5
FXD First Trust Consumer Discretionary AlphaDEX Fund 0.2 61 25 8.1 +7.8
ROAM Hartford Multifactor Emerging Markets ETF 0.2 44 42 8.4 +8.2
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.2 10 76 4.6 +4.4
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.2 70 16 6.9 +6.6
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.2 25 61 6.5 +6.2
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.2 10 76 4.0 +3.7
EFA iShares MSCI EAFE ETF 0.2 35 51 6.1 +5.8
CIL VictoryShares International Volatility Wtd ETF 0.2 45 41 5.7 +5.5
UIVM VictoryShares International Value Momentum ETF 0.2 35 51 8.7 +8.4
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.2 25 61 6.7 +6.4
RVRB Reverb ETF 0.2 30 56 4.2 +3.9
SMIN iShares MSCI India Small Cap ETF 0.2 79 7 3.7 +3.4
IUS Invesco RAFI Strategic US ETF 0.2 19 67 6.0 +5.8
AFSM First Trust Active Factor Small Cap ETF 0.2 75 11 6.6 +6.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 84 4.5 +4.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.2 7 79 4.4 +4.1
VOTE TCW Transform 500 ETF 0.2 5 81 4.4 +4.1
FDEM Fidelity Emerging Markets Multifactor ETF 0.2 25 61 11.2 +11.0
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.2 8 78 4.7 +4.4
EWG iShares MSCI Germany ETF 0.2 50 36 6.2 +5.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 77 5.3 +5.0
VWO Vanguard FTSE Emerging Markets ETF 0.2 7 79 9.6 +9.4
QLC FlexShares US Quality Large Cap Index Fund 0.2 25 61 4.9 +4.6
BLES Inspire Global Hope ETF 0.2 61 25 6.1 +5.8
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 77 4.7 +4.4
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.2 42 44 8.1 +7.9
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.2 53 33 6.0 +5.7
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 86 4.5 +4.2
IWY iShares Russell Top 200 Growth ETF 0.2 20 66 3.7 +3.5
OPTZ Optimize Strategy Index ETF 0.2 50 36 4.2 +3.9
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.2 70 16 4.3 +4.1
IEFA iShares Core MSCI EAFE ETF 0.2 7 79 6.4 +6.1
USEW Cambria US EW ETF 0.2 30 56 4.4 +4.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 75 4.4 +4.2
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.2 20 66 5.9 +5.6
IMCB iShares Morningstar Mid-Cap ETF 0.2 4 82 5.6 +5.4
NZUS State Street SPDR MSCI USA Climate Paris Aligned ETF 0.2 10 76 4.0 +3.7
ESGD iShares ESG Aware MSCI EAFE ETF 0.2 20 66 6.1 +5.8
VEU Vanguard FTSE All-World ex-US Index Fund 0.2 4 82 7.2 +6.9
GEW Cambria Global EW ETF 0.2 29 57 5.6 +5.4
RSSL Global X Russell 2000 ETF 0.2 8 78 3.0 +2.8
IWM iShares Russell 2000 ETF 0.2 19 67 3.0 +2.7
VFVA Vanguard U.S. Value Factor ETF 0.2 13 73 10.0 +9.8
FENI Fidelity Enhanced International ETF 0.2 28 58 6.1 +5.8
VFMO Vanguard U.S. Momentum Factor ETF 0.2 13 73 1.9 +1.6
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 83 4.4 +4.1
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.2 20 66 9.1 +8.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.2 38 48 7.7 +7.4
VXUS Vanguard Total International Stock ETF 0.2 5 81 7.1 +6.8
KLMN Invesco MSCI North America Climate ETF 0.2 9 77 4.6 +4.3
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 66 6.3 +6.1
GLBL Pacer MSCI World Industry Advantage ETF 0.2 65 21 3.8 +3.5
IDEV iShares Core MSCI International Developed Markets ETF 0.2 4 82 6.3 +6.1
TMFC Motley Fool 100 Index ETF 0.2 50 36 3.2 +3.0
GXLC Global X U.S. 500 ETF 0.2 2 84 4.4 +4.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 66 4.5 +4.3
SCHF Schwab International Equity ETF 0.2 6 80 6.4 +6.1
VEA Vanguard FTSE Developed Markets ETF 0.2 3 83 6.4 +6.1
PBUS Invesco MSCI USA ETF 0.2 4 82 4.5 +4.2
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 71 4.5 +4.2
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 77 5.8 +5.5
JHMD John Hancock Multifactor Developed International ETF 0.2 39 47 6.5 +6.2
AVSD Avantis Responsible International Equity ETF 0.2 23 63 6.3 +6.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 41 7.3 +7.0
TOK iShares MSCI Kokusai ETF 0.2 26 60 4.6 +4.3
VTWO Vanguard Russell 2000 ETF 0.2 7 79 3.1 +2.8
IVRS iShares Future Metaverse Tech and Communications ETF 0.2 47 39 5.1 +4.8
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 61 6.7 +6.5
CFA VictoryShares US 500 Volatility Wtd ETF 0.2 35 51 5.5 +5.2
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.2 40 46 5.4 +5.2
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 47 3.9 +3.7
URTH iShares MSCI World ETF 0.1 24 62 4.7 +4.4
SIZE iShares MSCI USA Size Factor ETF 0.1 15 71 5.8 +5.5
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.1 64 22 1.5 +1.2
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 61 5.3 +5.0
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.1 50 36 9.1 +8.8
ISCF iShares International SmallCap Equity Factor ETF 0.1 23 63 7.6 +7.3
STXI Strive International Developed Markets ETF 0.1 29 57 6.0 +5.7
IWV iShares Russell 3000 ETF 0.1 20 66 4.3 +4.1
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 66 6.1 +5.8
VTHR Vanguard Russell 3000 ETF 0.1 7 79 4.4 +4.2
IWB iShares Russell 1000 ETF 0.1 15 71 4.5 +4.2
VONE Vanguard Russell 1000 ETF 0.1 7 79 4.5 +4.3
APIE ActivePassive International Equity ETF 0.1 45 41 6.7 +6.5
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.1 15 71 5.2 +4.9
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.1 14 72 5.7 +5.4
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 62 7.1 +6.9
ILCV iShares Morningstar Value ETF 0.1 4 82 5.6 +5.3
GGME Invesco Next Gen Media and Gaming ETF 0.1 60 26 5.0 +4.7
IMCV iShares Morningstar Mid-Cap Value ETF 0.1 6 80 7.3 +7.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 47 2.6 +2.3
SMMD iShares Russell 2500 ETF 0.1 15 71 6.1 +5.9
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 67 5.3 +5.0
VFMF Vanguard U.S. Multifactor ETF 0.1 18 68 7.1 +6.9
FBCG Fidelity Blue Chip Growth ETF 0.1 59 27 2.5 +2.2
SCHG Schwab U.S. Large-Cap Growth ETF 0.1 4 82 3.5 +3.3
IWL iShares Russell Top 200 ETF 0.1 15 71 4.2 +3.9
DMXF iShares ESG Advanced MSCI EAFE ETF 0.1 12 74 5.3 +5.0
MNZL Manzil Russell Halal USA Broad MarketETF 0.1 40 46 4.2 +4.0
ENHU iShares Enhanced Large Cap Core Active ETF 0.1 22 64 4.4 +4.2
FLEE Franklin FTSE Europe ETF 0.1 9 77 6.6 +6.3
REVS Columbia Research Enhanced Value ETF 0.1 19 67 7.2 +6.9
XMAG Defiance Large Cap ex-Mag 7 ETF 0.1 35 51 4.7 +4.4
DAK Dakota Active Equity ETF 0.1 43 43 4.0 +3.7
EPS WisdomTree U.S. LargeCap Fund 0.1 8 78 5.1 +4.8
AVDE Avantis International Equity ETF 0.1 23 63 6.5 +6.3
JPIN J.P. Morgan Diversified Return International Equity ETF 0.1 37 49 7.3 +7.1
DEHP Dimensional Emerging Markets High Profitability ETF 0.1 41 45 5.5 +5.2
VGK Vanguard FTSE Europe ETF 0.1 6 80 6.9 +6.6
FEX First Trust Large Cap Core AlphaDEX Fund 0.1 59 27 5.4 +5.1
RXI iShares Global Consumer Discretionary ETF 0.1 41 45 8.1 +7.9
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 56 5.3 +5.0
IWS iShares Russell Mid-Cap Value ETF 0.1 23 63 6.5 +6.3
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 21 7.0 +6.7
SPEU SPDR Portfolio Europe ETF 0.1 7 79 6.8 +6.5
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 72 4.5 +4.2
DOL WisdomTree International LargeCap Dividend Fund 0.1 48 38 6.1 +5.8
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.1 45 41 6.0 +5.7
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 57 5.8 +5.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.1 30 56 6.8 +6.5
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 57 4.2 +3.9
RNEM First Trust Emerging Markets Equity Select ETF 0.1 75 11 8.1 +7.8
EZU iShares MSCI Eurozone ETF 0.1 52 34 6.0 +5.8
GWX SPDR S&P International Small Cap ETF 0.1 40 46 6.1 +5.9
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 78 6.6 +6.3
BKSE BNY Mellon US Small Cap Core Equity ETF 0.1 4 82 5.8 +5.5
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 69 6.7 +6.5
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 68 5.0 +4.7
DFUS Dimensional U.S. Equity ETF 0.0 9 77 4.4 +4.1
DFAU Dimensional US Core Equity Market ETF 0.0 12 74 4.6 +4.4
IWN iShares Russell 2000 Value ETF 0.0 24 62 5.3 +5.1
VTWV Vanguard Russell 2000 Value ETF 0.0 10 76 5.5 +5.2
INRO iShares U.S. Industry Rotation Active ETF 0.0 42 44 3.9 +3.6
SCHK Schwab 1000 Index ETF 0.0 5 81 4.6 +4.3
SCHX Schwab U.S. Large-Cap ETF 0.0 3 83 4.6 +4.3
JHML John Hancock Multifactor Large Cap ETF 0.0 29 57 4.8 +4.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 57 6.0 +5.7
IYY iShares Dow Jones U.S. ETF 0.0 20 66 4.4 +4.1
BBEU JPMorgan BetaBuilders Europe ETF 0.0 9 77 6.5 +6.2
IQSI IQ Candriam International Equity ETF 0.0 15 71 5.8 +5.6
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.0 46 40 5.8 +5.5
DIVI Franklin International Core Dividend Tilt Index ETF 0.0 9 77 7.0 +6.7
SCHB Schwab U.S. Broad Market ETF 0.0 3 83 4.5 +4.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 83 4.5 +4.2
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 61 8.0 +7.8
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 52 6.1 +5.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 69 5.0 +4.8
DCOR Dimensional US Core Equity 1 ETF 0.0 14 72 4.9 +4.7
VYM Vanguard High Dividend Yield Index ETF 0.0 6 80 6.3 +6.0
FESM Fidelity Enhanced Small Cap ETF 0.0 28 58 2.6 +2.4
IEV iShares Europe ETF 0.0 67 19 6.2 +5.9
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.0 58 28 8.8 +8.5
XT iShares Exponential Technologies ETF 0.0 46 40 4.4 +4.1
IEUR iShares Core MSCI Europe ETF 0.0 11 75 6.7 +6.4
STXG Strive 1000 Growth ETF 0.0 18 68 3.5 +3.2
IWD iShares Russell 1000 Value ETF 0.0 19 67 5.8 +5.5
VONV Vanguard Russell 1000 Value ETF 0.0 7 79 5.9 +5.6
AVMC Avantis U.S. Mid Cap Equity ETF 0.0 18 68 6.4 +6.1
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 74 5.8 +5.5
STRV Strive 500 ETF 0.0 5 81 4.4 +4.1
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.0 30 56 6.3 +6.0
DFIS Dimensional International Small Cap ETF 0.0 39 47 6.5 +6.2
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 61 6.7 +6.4
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 62 5.9 +5.6
MFMO Motley Fool Momentum Factor ETF 0.0 50 36 2.4 +2.1
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 37 5.1 +4.8
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 44 4.5 +4.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.0 42 44 4.3 +4.0
DFAI Dimensional International Core Equity Market ETF 0.0 18 68 6.3 +6.0
IGRO iShares International Dividend Growth ETF 0.0 15 71 7.0 +6.7
DFIC Dimensional International Core Equity 2 ETF 0.0 23 63 6.5 +6.3
DXUV Dimensional US Vector Equity ETF 0.0 28 58 5.6 +5.4
DFVX Dimensional US Large Cap Vector ETF 0.0 22 64 5.5 +5.3
EBI Longview Advantage ETF 0.0 35 51 6.4 +6.1
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 56 4.1 +3.8
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -4 3.5 +3.2
AVMV Avantis U.S. Mid Cap Value ETF 0.0 20 66 7.7 +7.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 47 7.3 +7.1
PXH Invesco FTSE RAFI Emerging Markets ETF 0.0 49 37 14.1 +13.8
IDX VanEck Indonesia Index ETF 0.0 57 29 7.7 +7.4
SCHE Schwab Emerging Markets Equity ETF 0.0 11 75 9.9 +9.7
EIDO iShares MSCI Indonesia ETF 0.0 59 27 8.4 +8.1

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:		 FMQQ The Next Frontier Internet & Ecommerce 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 4.1 %
Divided by: Fwd. P/BV 3.6 x
Less: Expense ratio 86 bp
Equals: ALTAR Score 0.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.44 CATEGORY
AVERAGE		 1.52
 
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.