Fidelity Clean Energy ETF
ALTAR
Score™		 1.9% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 36.2x P/Sales
ratio		 1.1x
P/BV
ratio		 1.6x Div.
yield		 1.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
FRNW tracks a market-cap-weighted index of global clean energy companies screened for environmental, social, and governance factors.

FUND BASICS
Category Global Equities
Fund Sponsor Fidelity
Website screener.fidelity.com/ftgw/etf/goto/snapshot/snapshot.jhtml?symbols=FRNW&type=o-NavBar
Inception date Oct 05, 2021
Assets (mns) $45
Currency USD
Expense ratio 39 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 68
Wgt avg mkt cap (mns) $27,089
Large cap (>$10bn) 22.9%
Mid cap ($2-10bn) 46.3%
Small cap (<$2bn) 22.7%
Developed mkts 85.1%
Emerging mkts 14.9%

TOP TEN HOLDINGS
GE VERONA 4.7 %
VESTAS WIND SYSTEMS A/S 4.6 %
FIRST SOLAR INC 4.4 %
EDP-ENERGIAS DE PORTUGAL SA 3.5 %
NEXTRACKER, INC. CLASS A 3.3 %
BLOOM ENERGY CORPORATION CLASS A 3.1 %
DONG ENERGY A/S 2.7 %
ENLIGHT RENEWABLE ENERGY LTD 2.7 %
ORMAT TECHNOLOGIES INC 2.6 %
ACCIONA SA 2.5 %
Total 34.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 34.7 %
CHINA 10.8 %
DENMARK 8.8 %
SPAIN 8.1 %
CANADA 7.6 %
GERMANY 3.6 %
PORTUGAL 3.5 %
NEW ZEALAND 3.3 %
ISRAEL 2.7 %
AUSTRIA 2.5 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
10.8% 70.9% -- -- -1.8%

Market Correlations
versus... Beta R-squared
S&P500 0.82 36%
MSCI EAFE 0.99 38%
MSCI Emg. Mkts. 1.03 49%

Technical Indicators
Recent close $23.18
30d moving avg. $22.20
Annualized volatility 28.7%
Short interest (ETF) 1.9%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 54
Turnover 2.8%
Bid/Ask (% of price) 0.54%
ADV underlying (mns) $5,178

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 691 potential alternatives to the Fidelity Clean Energy ETF ETF based on the alternatives' overlap in portfolio holdings with FRNW. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FRNW Expense: 39 bp ALTAR Score™: 1.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FRNW
Ticker Fund
Name		 Overlap1
vs FRNW
(%)		 Expense
ratio
(bp)		 Savings
vs FRNW
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FRNW
(%)
CTEC Global X CleanTech ETF 38.7 50 -11 0.6 -1.3
VCLN Virtus Duff & Phelps Clean Energy ETF 37.5 59 -20 3.4 +1.4
TAN Invesco Solar ETF 34.6 67 -28 4.3 +2.3
RNRG Global X Renewable Energy Producers ETF 33.9 66 -27 4.6 +2.6
PBD Invesco Global Clean Energy ETF 33.1 75 -36 0.6 -1.4
FAN First Trust Global Wind Energy ETF 32.4 60 -21 3.4 +1.4
CNRG State Street SPDR S&P Kensho Clean Power ETF 30.0 45 -6 1.4 -0.5
ACES ALPS Clean Energy ETF 28.7 55 -16 -2.4 -4.3
SMOG VanEck Low Carbon Energy ETF 24.6 61 -22 1.3 -0.6
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 24.2 58 -19 -1.8 -3.7
PBW Invesco WilderHill Clean Energy ETF 22.6 66 -27 -2.9 -4.9
ETEC iShares Breakthrough Environmental Solutions ETF 20.4 47 -8 2.8 +0.8
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 19.0 79 -40 4.2 +2.2
ERTH Invesco MSCI Sustainable Future ETF 18.6 62 -23 3.0 +1.1
OCEN IQ Clean Oceans ETF 14.7 45 -6 5.1 +3.1
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 14.0 75 -36 6.1 +4.1
CCSO Carbon Collective Climate Solutions US Equity ETF 13.4 35 4 1.0 -0.9
FILL iShares MSCI Global Energy Producers ETF 12.7 39 0 1.4 -0.5
SDG iShares MSCI Global Sustainable Development Goals ETF 11.7 49 -10 4.7 +2.7
CLNR IQ Cleaner Transport ETF 10.3 45 -6 4.9 +3.0
DTEC ALPS Disruptive Technologies ETF 9.4 50 -11 3.7 +1.8
AIPO Defiance AI & Power Infrastructure ETF 9.0 69 -30 0.8 -1.1
CCNR ALPS CoreCommodity Natural Resources ETF 8.4 39 0 6.6 +4.7
VOLT Tema Electrification ETF 8.1 75 -36 2.7 +0.7
IBAT iShares Energy Storage & Materials ETF 7.5 47 -8 2.2 +0.2
EDEN iShares MSCI Denmark ETF 7.3 53 -14 5.7 +3.8
SIMS State Street SPDR S&P Kensho Intelligent Structures ETF 6.9 45 -6 4.7 +2.8
KGRN KraneShares MSCI China Clean Technology Index ETF 6.9 79 -40 0.3 -1.6
NETZ TCW Transform Systems ETF 6.6 75 -36 1.9 -0.0
ITEQ BlueStar Israel Technology ETF 6.4 75 -36 1.5 -0.5
GPT Intelligent Alpha Atlas ETF 6.1 69 -30 4.8 +2.9
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 6.1 20 19 2.7 +0.8
HYDR Global X Hydrogen ETF 6.0 50 -11 -7.4 -9.4
FPX First Trust US Equity Opportunities ETF 5.7 61 -22 0.9 -1.1
PSCT Invesco S&P SmallCap Information Technology ETF 5.3 29 10 4.0 +2.1
POW VistaShares Electrification Supercycle ETF 5.0 75 -36 2.4 +0.5
DARP Grizzle Growth ETF 4.7 75 -36 2.0 +0.0
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 4.5 55 -16 5.2 +3.3
LOUP Innovator Deepwater Frontier Tech ETF 4.4 70 -31 0.8 -1.2
ZAP Global X U.S. Electrification ETF 4.4 50 -11 3.4 +1.5
IQM Franklin Intelligent Machines ETF 4.4 50 -11 1.5 -0.4
PRN Invesco Dorsey Wright Industrials Momentum ETF 4.3 60 -21 1.2 -0.7
GGRW Gabelli Growth Innovators ETF 4.3 90 -51 2.0 +0.1
GK AdvisorShares Gerber Kawasaki ETF 4.2 75 -36 2.2 +0.2
XLI The Industrial Select Sector SPDR Fund 4.0 8 31 3.4 +1.5
VIS Vanguard Industrials ETF 3.9 9 30 3.5 +1.6
WBAT WisdomTree Battery Value Chain and Innovation Fund 3.8 45 -6 1.6 -0.3
MADE iShares U.S. Manufacturing ETF 3.8 40 -1 3.7 +1.7
AIS VistaShares Artificial Intelligence Supercycle ETF 3.8 75 -36 1.8 -0.1
HAIL State Street SPDR S&P Kensho Smart Mobility ETF 3.8 45 -6 1.4 -0.5
FIDU Fidelity MSCI Industrial Index ETF 3.6 8 31 3.5 +1.6
GRNY Fundstrat Granny Shots US Large Cap ETF 3.5 75 -36 2.5 +0.6
LIVR Intelligent Livermore ETF 3.5 69 -30 3.0 +1.1
AFOS ARS Focused Opportunities Strategy ETF 3.4 45 -6 2.3 +0.3
ETHO Etho Climate Leadership U.S. ETF 3.4 47 -8 4.6 +2.7
SCOW Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF 3.4 59 -20 8.9 +7.0
ISRA VanEck Israel ETF 3.3 59 -20 5.7 +3.7
ENZL iShares MSCI New Zealand ETF 3.3 50 -11 3.6 +1.7
BATT Amplify Lithium & Battery Technology ETF 3.3 59 -20 1.6 -0.3
IVES Wedbush ETFMG Global Cloud Technology ETF 3.3 68 -29 5.4 +3.4
IPO Renaissance IPO ETF 3.3 60 -21 3.1 +1.2
FEUZ First Trust Eurozone AlphaDEX ETF 3.2 80 -41 6.2 +4.3
TRFM AAM Transformers ETF 3.2 49 -10 1.0 -0.9
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF 3.1 59 -20 3.8 +1.9
SPIT F/m Emerald Special Situations ETF 3.1 105 -66 -0.9 -2.9
NUKZ Range Nuclear Renaissance Index ETF 3.1 85 -46 0.9 -1.0
IWO iShares Russell 2000 Growth ETF 3.1 24 15 0.7 -1.3
VTWG Vanguard Russell 2000 Growth ETF 3.0 10 29 0.8 -1.1
CAML Congress Large Cap Growth ETF 3.0 66 -27 2.7 +0.8
SNSR Global X Internet of Things ETF 2.9 68 -29 4.0 +2.1
HAP VanEck Natural Resources ETF 2.9 50 -11 7.0 +5.1
FNY First Trust Mid Cap Growth AlphaDEX Fund 2.7 70 -31 1.7 -0.2
MTUM iShares MSCI USA Momentum Factor ETF 2.7 15 24 2.7 +0.8
IYJ iShares U.S. Industrials ETF 2.7 40 -1 3.8 +1.9
FDWM Fidelity Women's Leadership ETF 2.6 59 -20 4.2 +2.3
LOGO Alpha Brands Consumption Leaders ETF 2.6 69 -30 2.8 +0.8
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 2.6 58 -19 3.4 +1.5
FID First Trust S&P International Dividend Aristocrats ETF 2.6 60 -21 6.8 +4.8
JSML Janus Henderson Small Cap Growth Alpha ETF 2.6 30 9 7.2 +5.3
NUSC Nuveen ESG Small-Cap ETF 2.5 31 8 4.5 +2.5
EWO iShares MSCI Austria ETF 2.5 50 -11 7.4 +5.5
HYP Golden Eagle Dynamic Hypergrowth ETF 2.5 85 -46 -1.1 -3.1
EXI iShares Global Industrials ETF 2.5 42 -3 3.5 +1.5
FGM First Trust Germany AlphaDEX Fund 2.5 80 -41 5.4 +3.5
RAYD Rayliant Quantitative Developed Market Equity ETF 2.4 80 -41 4.6 +2.6
FEP First Trust Europe AlphaDEX Fund 2.4 80 -41 6.6 +4.6
FIDI Fidelity International High Dividend ETF 2.4 18 21 6.9 +5.0
COLO Global X MSCI Colombia ETF 2.4 62 -23 15.8 +13.8
VBK Vanguard Small-Cap Growth ETF 2.3 7 32 1.5 -0.4
FXN First Trust Energy AlphaDEX Fund 2.3 62 -23 11.9 +10.0
IWM iShares Russell 2000 ETF 2.3 19 20 3.1 +1.2
RSSL Global X Russell 2000 ETF 2.3 8 31 3.1 +1.2
VTWO Vanguard Russell 2000 ETF 2.3 7 32 3.3 +1.3
DRIV Global X Autonomous & Electric Vehicles ETF 2.3 68 -29 4.0 +2.1
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 2.3 59 -20 5.2 +3.3
RBLD First Trust Alerian US NextGen Infrastructure ETF 2.2 65 -26 3.9 +2.0
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.2 39 0 1.3 -0.7
ABFL Abacus FCF Leaders ETF 2.2 59 -20 3.9 +1.9
XSD State Street SPDR S&P Semiconductor ETF 2.2 35 4 3.3 +1.3
FESM Fidelity Enhanced Small Cap ETF 2.2 28 11 2.8 +0.9
EFAS Global X MSCI SuperDividend EAFE ETF 2.2 57 -18 7.2 +5.2
PHO Invesco Water Resources ETF 2.2 60 -21 4.4 +2.4
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 2.2 95 -56 -0.4 -2.4
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 2.2 29 10 4.1 +2.2
FXU First Trust Utilities AlphaDEX Fund 2.2 64 -25 4.9 +2.9
DIV Global X SuperDividend US ETF 2.2 45 -6 9.8 +7.8
IDOG ALPS International Sector Dividend Dogs ETF 2.1 50 -11 9.9 +8.0
ABLD Abacus FCF Real Assets Leaders ETF 2.1 69 -30 5.8 +3.9
NVIR Horizon Kinetics Energy and Remediation ETF 2.1 85 -46 5.2 +3.3
TAX Cambria Tax Aware ETF 2.1 49 -10 5.2 +3.3
PUI Invesco Dorsey Wright Utilities Momentum ETF 2.1 60 -21 4.2 +2.3
GVIP Goldman Sachs Hedge Industry VIP ETF 2.1 45 -6 2.7 +0.8
NULG Nuveen ESG Large-Cap Growth ETF 2.0 26 13 2.9 +0.9
NUDM Nuveen ESG International Developed Markets Equity ETF 2.0 31 8 5.5 +3.6
XT iShares Exponential Technologies ETF 2.0 46 -7 4.2 +2.3
ABLS Abacus FCF Small Cap Leaders ETF 2.0 59 -20 5.6 +3.7
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 2.0 35 4 6.1 +4.2
FDLS Inspire Fidelis Multi Factor ETF 2.0 76 -37 4.0 +2.0
EWP iShares MSCI Spain ETF 1.9 50 -11 5.7 +3.8
WUGI AXS Esoterica NextG Economy ETF 1.9 75 -36 2.5 +0.6
WDIV SPDR S&P Global Dividend ETF 1.9 40 -1 7.8 +5.9
EIS iShares MSCI Israel ETF 1.9 58 -19 5.9 +4.0
SFYX SoFi Next 500 ETF 1.9 0 39 5.1 +3.1
EMIF iShares Emerging Markets Infrastructure ETF 1.9 60 -21 2.7 +0.8
FCA First Trust China AlphaDEX Fund 1.9 80 -41 8.0 +6.1
RDVY First Trust Rising Dividend Achievers ETF 1.8 50 -11 5.3 +3.4
YNOT Horizon Digital Frontier ETF 1.8 75 -36 2.7 +0.8
NIXT Research Affiliates Deletions ETF 1.8 9 30 7.3 +5.4
FTC First Trust Large Cap Growth AlphaDEX Fund 1.8 59 -20 1.6 -0.3
FNX First Trust Mid Cap Core AlphaDEX Fund 1.8 60 -21 5.8 +3.9
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.8 52 -13 5.6 +3.7
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.8 39 0 2.7 +0.8
XSMO Invesco S&P SmallCap Momentum ETF 1.7 39 0 3.8 +1.8
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.7 64 -25 0.9 -1.0
FIW First Trust Water ETF 1.7 53 -14 4.5 +2.5
PSCI Invesco S&P SmallCap Industrials ETF 1.7 29 10 4.6 +2.6
AZTD Aztlan Global Stock Selection DM SMID ETF 1.7 75 -36 5.1 +3.2
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.6 39 0 4.3 +2.3
XMHQ Invesco S&P MidCap Quality ETF 1.6 25 14 5.7 +3.8
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 1.6 20 19 3.9 +2.0
QQQS Invesco NASDAQ Future Gen 200 ETF 1.6 20 19 -4.7 -6.6
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 1.6 30 9 15.4 +13.5
IJT iShares S&P Small-Cap 600 Growth ETF 1.6 18 21 4.6 +2.6
IWN iShares Russell 2000 Value ETF 1.6 24 15 5.5 +3.6
BLES Inspire Global Hope ETF 1.6 61 -22 5.8 +3.9
XJR iShares ESG Screened S&P Small-Cap ETF 1.6 12 27 6.5 +4.6
PSC Principal U.S. Small-Cap ETF 1.6 38 1 6.0 +4.0
SPGP Invesco S&P 500 GARP ETF 1.6 34 5 5.9 +3.9
VTWV Vanguard Russell 2000 Value ETF 1.6 10 29 5.6 +3.7
RSPT Invesco S&P 500 Equal Weight Technology ETF 1.6 40 -1 4.7 +2.7
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.5 39 0 -1.2 -3.2
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 1.5 15 24 4.6 +2.7
VFMO Vanguard U.S. Momentum Factor ETF 1.5 13 26 2.5 +0.6
PTL Inspire 500 ETF 1.5 9 30 4.7 +2.7
VIOG Vanguard S&P Small-Cap 600 Growth ETF 1.5 10 29 4.7 +2.8
FFLC Fidelity Fundamental Large Cap Core ETF 1.5 38 1 3.9 +2.0
JXI iShares Global Utilities ETF 1.5 43 -4 4.9 +2.9
WWJD Inspire International ETF 1.5 80 -41 6.1 +4.1
IQSM IQ Candriam U.S. Mid Cap Equity ETF 1.5 15 24 5.2 +3.3
TCAI Tortoise AI Infrastructure ETF 1.5 65 -26 1.7 -0.3
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.4 58 -19 7.1 +5.2
RGEF Rockefeller Global Equity ETF 1.4 55 -16 3.9 +2.0
IJR iShares Core S&P Small Cap ETF 1.4 6 33 6.5 +4.6
STXM Strive Mid-Cap ETF 1.4 18 21 5.4 +3.5
TMFX Motley Fool Next Index ETF 1.4 50 -11 2.8 +0.9
IYE iShares U.S. Energy ETF 1.4 40 -1 7.1 +5.2
XOEF iShares S&P 500 ex S&P 100 ETF 1.4 20 19 4.7 +2.8
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 1.4 35 4 8.0 +6.1
QDF FlexShares Quality Dividend Index Fund 1.4 37 2 5.5 +3.5
VIOO Vanguard S&P Small-Cap 600 ETF 1.3 7 32 6.6 +4.6
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 1.3 3 36 6.6 +4.6
IWFG IQ Winslow Focused Large Cap Growth ETF 1.3 65 -26 2.8 +0.8
SIXS ETC 6 Meridian Small Cap Equity ETF 1.3 89 -50 8.2 +6.3
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 1.3 49 -10 4.2 +2.3
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.3 15 24 4.0 +2.1
UIVM VictoryShares International Value Momentum ETF 1.3 35 4 6.9 +5.0
NULC Nuveen ESG Large-Cap ETF 1.3 21 18 4.5 +2.6
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.3 60 -21 -0.9 -2.8
XMLV Invesco S&P MidCap Low Volatility ETF 1.3 25 14 6.6 +4.6
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.3 20 19 5.4 +3.4
ECNS iShares MSCI China Small-Cap ETF 1.3 59 -20 8.6 +6.7
FDMO Fidelity Momentum Factor ETF 1.2 15 24 3.2 +1.2
GINN Goldman Sachs Innovate Equity ETF 1.2 52 -13 3.4 +1.5
WBIY WBI Power Factor High Dividend ETF 1.2 100 -61 11.6 +9.6
IJS iShares S&P Small-Cap 600 Value ETF 1.2 18 21 8.4 +6.5
VAMO Cambria Value & Momentum ETF 1.2 61 -22 5.4 +3.4
LRGC AB US Large Cap Strategic Equities ETF 1.2 48 -9 4.0 +2.1
FDM First Trust Dow Jones Select MicroCap Index Fund 1.2 60 -21 6.8 +4.9
VB Vanguard Small-Cap ETF 1.2 5 34 5.2 +3.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.2 49 -10 5.7 +3.8
IJK iShares S&P Mid-Cap 400 Growth ETF 1.2 17 22 4.8 +2.8
FSST Fidelity Sustainable U.S. Equity ETF 1.2 59 -20 3.7 +1.8
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 1.2 61 -22 5.4 +3.5
VIOV Vanguard S&P Small-Cap 600 Value ETF 1.2 10 29 8.3 +6.4
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 1.2 60 -21 3.3 +1.4
USXF iShares ESG Advanced MSCI USA ETF 1.1 10 29 4.0 +2.1
BKSE BNY Mellon US Small Cap Core Equity ETF 1.1 4 35 5.1 +3.2
SLYV State Street SPDR S&P 600 Small Cap Value ETF 1.1 15 24 8.4 +6.5
FPWR First Trust EIP Power Solutions ETF 1.1 96 -57 4.2 +2.2
ISCG iShares Morningstar Small-Cap Growth ETF 1.1 6 33 2.5 +0.6
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.1 30 9 5.8 +3.9
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 1.1 10 29 4.9 +3.0
ESIX State Street SPDR S&P SmallCap 600 ESG ETF 1.1 12 27 7.0 +5.0
TOLL Tema Durable Quality ETF 1.1 75 -36 4.4 +2.4
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.1 17 22 5.1 +3.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.1 12 27 4.4 +2.5
FIVA Fidelity International Value Factor ETF 1.1 18 21 7.6 +5.6
AFMC First Trust Active Factor Mid Cap ETF 1.1 65 -26 6.8 +4.9
VXF Vanguard Extended Market ETF 1.1 5 34 4.0 +2.1
FSGS First Trust SMID Growth Strength ETF 1.1 60 -21 4.6 +2.7
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 1.1 15 24 4.8 +2.8
EGUS iShares ESG Aware MSCI USA Growth ETF 1.1 18 21 3.2 +1.2
DSMC Distillate Small/Mid Cash Flow ETF 1.1 55 -16 11.2 +9.2
RZV Invesco S&P Smallcap 600 Pure Value ETF 1.1 35 4 8.4 +6.5
OAIM OneAscent International Equity ETF 1.1 95 -56 4.3 +2.4
PDP Invesco Dorsey Wright Momentum ETF 1.1 62 -23 1.4 -0.5
CRTC Xtrackers US National Critical Technologies ETF 1.1 35 4 4.3 +2.3
WOMN Impact Shares YWCA Women's Empowerment ETF 1.0 75 -36 5.0 +3.1
BIBL Inspire 100 ETF 1.0 35 4 4.2 +2.2
MGK Vanguard Mega Cap Growth ETF 1.0 7 32 3.7 +1.8
SIXL ETC 6 Meridian Low Beta Equity ETF 1.0 80 -41 5.5 +3.6
AVSC Avantis U.S Small Cap Equity ETF 1.0 25 14 4.4 +2.5
DISV Dimensional International Small Cap Value ETF 1.0 42 -3 7.4 +5.5
SMAP Amplify Small-Mid Cap Equity ETF 1.0 60 -21 4.8 +2.8
ICPY Tweedy, Browne International Insider Value ETF 1.0 80 -41 9.4 +7.4
HAPS Harbor Human Capital Factor US Small Cap ETF 1.0 60 -21 3.4 +1.5
RCGE RockCreek Global Equality ETF 1.0 95 -56 5.9 +4.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 1.0 4 35 5.1 +3.1
ISMD Inspire Small/Mid Cap ETF 1.0 54 -15 4.5 +2.6
FEM First Trust Emerging Markets AlphaDEX Fund 1.0 80 -41 9.7 +7.7
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.9 18 21 5.0 +3.1
DFAS Dimensional U.S. Small Cap ETF 0.9 26 13 5.7 +3.7
TPSC Timothy Plan US Small Cap Core ETF 0.9 52 -13 6.0 +4.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.9 35 4 6.9 +4.9
ILCG iShares Morningstar Growth ETF 0.9 4 35 3.2 +1.3
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.9 15 24 6.6 +4.6
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.9 15 24 6.8 +4.8
FNDC Schwab Fundamental International Small Co. Index ETF 0.9 39 0 4.9 +3.0
OEI Optimized Equity Income ETF 0.9 75 -36 3.3 +1.4
PGJ Invesco Golden Dragon China ETF 0.9 70 -31 12.7 +10.8
USMF WisdomTree U.S. Multifactor Fund 0.9 28 11 6.6 +4.7
AFSM First Trust Active Factor Small Cap ETF 0.9 75 -36 6.5 +4.5
SQLV Royce Quant Small-Cap Quality Value ETF 0.9 60 -21 8.2 +6.3
BFOR ALPS Barron's 400 ETF 0.9 65 -26 4.9 +3.0
JOET Virtus Terranova US Quality Momentum ETF 0.9 29 10 4.3 +2.4
IPAV Global X Infrastructure Development ex-U.S. ETF 0.9 55 -16 5.4 +3.4
IWY iShares Russell Top 200 Growth ETF 0.9 20 19 3.5 +1.6
XJH iShares ESG Screened S&P Mid-Cap ETF 0.9 12 27 6.0 +4.1
OPTZ Optimize Strategy Index ETF 0.9 50 -11 4.1 +2.2
SCHA Schwab U.S. Small-Cap ETF 0.9 4 35 4.9 +2.9
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.9 20 19 4.8 +2.9
QGRW WisdomTree U.S. Quality Growth Fund 0.9 28 11 3.5 +1.6
GRPZ Invesco S&P SmallCap 600 GARP ETF 0.9 35 4 6.3 +4.4
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.9 65 -26 9.1 +7.1
IEUS iShares MSCI Europe Small-Cap ETF 0.9 42 -3 6.4 +4.4
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.9 12 27 5.0 +3.1
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.9 40 -1 4.1 +2.2
HLAL Wahed FTSE USA Shariah ETF 0.8 50 -11 4.0 +2.1
FEX First Trust Large Cap Core AlphaDEX Fund 0.8 59 -20 4.9 +3.0
ESGD iShares ESG Aware MSCI EAFE ETF 0.8 20 19 5.5 +3.5
ISCB iShares Morningstar Small-Cap ETF 0.8 4 35 5.1 +3.1
AVDS Avantis International Small Cap Equity ETF 0.8 30 9 5.6 +3.6
DFIS Dimensional International Small Cap ETF 0.8 39 0 5.8 +3.9
IMCG iShares Morningstar Mid-Cap Growth ETF 0.8 6 33 3.7 +1.7
SMLF iShares U.S. SmallCap Equity Factor ETF 0.8 15 24 5.3 +3.3
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.8 80 -41 8.3 +6.3
STXK Strive Small-Cap ETF 0.8 18 21 5.3 +3.3
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.8 12 27 3.5 +1.5
AVMC Avantis U.S. Mid Cap Equity ETF 0.8 18 21 5.8 +3.9
ARTY iShares Future AI & Tech ETF 0.8 47 -8 2.9 +1.0
SHE State Street SPDR MSCI USA Gender Diversity ETF 0.8 20 19 4.7 +2.7
SGLC SGI U.S. Large Cap Core ETF 0.8 85 -46 3.3 +1.4
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.8 25 14 6.7 +4.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.8 8 31 6.2 +4.2
AIRR First Trust RBA American Industrial Renaissance ETF 0.8 70 -31 3.5 +1.6
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.8 10 29 3.8 +1.9
CHGX AXS Change Finance ESG ETF 0.8 49 -10 4.4 +2.5
MDY SPDR S&P Midcap 400 ETF Trust 0.8 24 15 5.9 +4.0
IUSG iShares Core S&P U.S. Growth ETF 0.8 4 35 3.5 +1.6
IJH iShares Core S&P Mid-Cap ETF 0.8 5 34 6.1 +4.2
NZUS State Street SPDR MSCI USA Climate Paris Aligned ETF 0.8 10 29 3.9 +1.9
ROE Astoria US Quality Kings ETF 0.8 49 -10 5.5 +3.6
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.8 24 15 7.0 +5.1
SRVR Pacer Data & Infrastructure Real Estate ETF 0.8 55 -16 3.8 +1.8
VOOG Vanguard S&P 500 Growth ETF 0.8 7 32 3.5 +1.6
IVW iShares S&P 500 Growth ETF 0.8 18 21 3.3 +1.4
SPYG State Street SPDR Portfolio S&P 500 Growth ETF 0.8 4 35 3.5 +1.5
TPIF Timothy Plan International ETF 0.8 62 -23 5.1 +3.2
IWF iShares Russell 1000 Growth ETF 0.8 19 20 3.5 +1.5
VONG Vanguard Russell 1000 Growth ETF 0.8 7 32 3.7 +1.8
SCHC Schwab International Small-Cap Equity ETF 0.8 11 28 6.4 +4.4
AVSD Avantis Responsible International Equity ETF 0.8 23 16 4.4 +2.5
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.8 25 14 4.3 +2.4
DFSI Dimensional International Sustainability Core 1 ETF 0.7 24 15 5.3 +3.3
JGRO JPMorgan Active Growth ETF 0.7 44 -5 3.1 +1.2
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.7 12 27 3.9 +2.0
IVOO Vanguard S&P Mid-Cap 400 ETF 0.7 7 32 6.2 +4.2
JMOM JPMorgan U.S. Momentum Factor ETF 0.7 12 27 3.9 +2.0
XSLV Invesco S&P SmallCap Low Volatility ETF 0.7 25 14 7.4 +5.5
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.7 3 36 6.1 +4.2
NACP Impact Shares NAACP Minority Empowerment ETF 0.7 49 -10 4.1 +2.2
VUG Vanguard Growth ETF 0.7 4 35 3.6 +1.6
JQUA JPMorgan U.S. Quality Factor ETF 0.7 12 27 5.2 +3.3
EQAL Invesco Russell 1000 Equal Weight ETF 0.7 20 19 6.2 +4.2
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.7 45 -6 3.7 +1.8
FFOG Franklin Focused Growth ETF 0.7 61 -22 2.2 +0.3
RNSC Furst Trust Small Cap US Equity Select ETF 0.7 60 -21 4.6 +2.6
COPY Tweedy, Browne Insider + Value ETF 0.7 80 -41 9.7 +7.8
BRIF FIS Bright Portfolios Focused Equity ETF 0.7 65 -26 3.9 +2.0
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.7 24 15 6.3 +4.4
JHSC John Hancock Multifactor Small Cap ETF 0.7 42 -3 5.6 +3.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.7 65 -26 7.2 +5.3
VPU Vanguard Utilities ETF 0.7 9 30 4.7 +2.7
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.7 42 -3 8.2 +6.2
GVAL Cambria Global Value ETF 0.7 68 -29 8.7 +6.7
JHMM John Hancock Multifactor Mid Cap ETF 0.7 42 -3 5.3 +3.4
PRXG Praxis Impact Large Cap Growth ETF 0.7 36 3 3.1 +1.2
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.7 65 -26 1.8 -0.1
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.7 58 -19 5.1 +3.2
FBCG Fidelity Blue Chip Growth ETF 0.7 59 -20 2.4 +0.5
NORW Global X MSCI Norway ETF 0.7 50 -11 8.4 +6.5
ENOR iShares MSCI Norway ETF 0.7 53 -14 8.3 +6.3
SCZ iShares MSCI EAFE Small-Cap ETF 0.7 40 -1 5.9 +3.9
EES WisdomTree U.S. SmallCap Fund 0.7 38 1 7.5 +5.6
STXG Strive 1000 Growth ETF 0.6 18 21 3.3 +1.4
XMAG Defiance Large Cap ex-Mag 7 ETF 0.6 35 4 4.5 +2.6
ESGG FlexShares STOXX Global ESG Select Index Fund 0.6 42 -3 4.7 +2.7
VFMF Vanguard U.S. Multifactor ETF 0.6 18 21 6.5 +4.6
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 0.6 75 -36 2.2 +0.3
SCHM Schwab U.S. Mid-Cap ETF 0.6 4 35 5.9 +4.0
HAPI Harbor Human Capital Factor US Large Cap ETF 0.6 36 3 4.4 +2.4
FUTY Fidelity MSCI Utilities Index ETF 0.6 8 31 4.7 +2.8
UEVM VictoryShares Emerging Markets Value Momentum ETF 0.6 45 -6 9.0 +7.1
AVDV Avantis International Small Cap Value ETF 0.6 36 3 7.0 +5.1
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.6 39 0 8.3 +6.3
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.6 90 -51 4.1 +2.2
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.6 9 30 4.3 +2.4
FCPI Fidelity Stocks for Inflation ETF 0.6 15 24 6.8 +4.9
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.6 9 30 3.5 +1.6
AVUQ Avantis U.S. Quality ETF 0.6 15 24 3.7 +1.8
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.6 15 24 6.1 +4.2
ISCV iShares Morningstar Small Cap Value ETF 0.6 6 33 7.4 +5.4
EUSA iShares MSCI USA Equal Weighted ETF 0.6 9 30 5.5 +3.6
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.6 14 25 5.3 +3.4
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 0.6 60 -21 4.8 +2.9
SIZE iShares MSCI USA Size Factor ETF 0.6 15 24 5.5 +3.6
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 30 5.4 +3.5
MCH Matthews China Active ETF 0.6 79 -40 13.0 +11.1
AVDE Avantis International Equity ETF 0.6 23 16 6.0 +4.1
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.6 52 -13 4.9 +2.9
QINT American Century Quality Diversified International ETF 0.6 39 0 5.9 +3.9
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.6 7 32 5.0 +3.0
ICAP InfraCap Equity Income Fund ETF 0.6 171 -132 3.8 +1.9
OBOR KraneShares MSCI One Belt One Road Index ETF 0.6 79 -40 6.9 +4.9
WCEO Hypatia Women CEO ETF 0.6 85 -46 2.9 +0.9
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.6 72 -33 -1.3 -3.2
TTAI FCF International Quality ETF 0.6 59 -20 6.6 +4.6
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.6 80 -41 7.2 +5.3
IEUR iShares Core MSCI Europe ETF 0.6 11 28 6.1 +4.2
VLUE iShares MSCI USA Value Factor ETF 0.6 15 24 7.6 +5.7
CIL VictoryShares International Volatility Wtd ETF 0.6 45 -6 5.6 +3.7
QDEF FlexShares Quality Dividend Defensive Index Fund 0.5 37 2 5.3 +3.4
DIM WisdomTree International MidCap Dividend Fund 0.5 58 -19 6.0 +4.1
AVES Avantis Emerging Markets Value ETF 0.5 36 3 8.9 +7.0
EFRA iShares Environmental Infrastructure and Industrials ETF 0.5 47 -8 4.5 +2.6
FTRI First Trust Indxx Global Natural Resources Income ETF 0.5 70 -31 6.0 +4.1
FSMD Fidelity Small-Mid Multifactor ETF 0.5 15 24 6.0 +4.1
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.5 19 20 5.3 +3.4
FNK First Trust Mid Cap Value AlphaDEX Fund 0.5 70 -31 9.1 +7.2
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.5 29 10 6.8 +4.9
DSPY Tema S&P 500 Historical Weight ETF 0.5 18 21 4.5 +2.6
DXUV Dimensional US Vector Equity ETF 0.5 28 11 5.2 +3.3
VGK Vanguard FTSE Europe ETF 0.5 6 33 6.2 +4.3
AVUS Avantis U.S. Equity ETF 0.5 15 24 5.0 +3.0
DTH WisdomTree International High Dividend Fund 0.5 58 -19 6.9 +5.0
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.5 35 4 3.0 +1.1
USMV iShares MSCI USA Min Vol Factor ETF 0.5 15 24 5.0 +3.1
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.5 15 24 4.3 +2.4
CATH Global X S&P 500 Catholic Values Custom ETF 0.5 29 10 4.1 +2.2
SFLO VictoryShares Small Cap Free Cash Flow ETF 0.5 49 -10 10.0 +8.1
FNDA Schwab Fundamental US Small Co. Index ETF 0.5 25 14 6.5 +4.6
ESGU iShares ESG Aware MSCI USA ETF 0.5 15 24 4.3 +2.3
SFY SoFi Select 500 ETF 0.5 0 39 3.9 +2.0
DTAN Sparkline International Intangible Value ETF 0.5 55 -16 7.1 +5.2
SPEU SPDR Portfolio Europe ETF 0.5 7 32 6.1 +4.2
DFUS Dimensional U.S. Equity ETF 0.5 9 30 4.2 +2.3
TOPC iShares S&P 500 3% Capped ETF 0.5 15 24 4.5 +2.5
DFIC Dimensional International Core Equity 2 ETF 0.5 23 16 6.0 +4.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.5 3 36 4.3 +2.4
KRMA Global X Conscious Companies ETF 0.5 43 -4 5.4 +3.5
TCHI iShares MSCI China Multisector Tech ETF 0.5 59 -20 15.7 +13.7
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.5 46 -7 5.8 +3.9
BUZZ VanEck Social Sentiment ETF 0.5 75 -36 -0.8 -2.7
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.5 80 -41 6.6 +4.7
INTF iShares International Equity Factor ETF 0.5 15 24 6.2 +4.3
VTHR Vanguard Russell 3000 ETF 0.5 7 32 4.3 +2.4
VTI Vanguard Total Stock Market ETF 0.5 3 36 4.3 +2.4
IWV iShares Russell 3000 ETF 0.5 20 19 4.2 +2.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.5 45 -6 5.9 +4.0
IQSI IQ Candriam International Equity ETF 0.5 15 24 5.3 +3.4
DFNV Donoghue Forlines Innovation ETF 0.5 69 -30 4.4 +2.4
FLEE Franklin FTSE Europe ETF 0.5 9 30 6.1 +4.1
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.5 14 25 4.3 +2.4
SPXT ProShares S&P 500 Ex-Technology ETF 0.5 9 30 4.9 +3.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.5 24 15 5.9 +4.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.5 75 -36 3.4 +1.5
DFAI Dimensional International Core Equity Market ETF 0.5 18 21 5.7 +3.8
BBEU JPMorgan BetaBuilders Europe ETF 0.5 9 30 6.0 +4.1
DXIV Dimensional International Vector Equity ETF 0.4 34 5 6.2 +4.3
ILCB iShares Morningstar U.S. Equity ETF 0.4 3 36 4.3 +2.3
TOV JLens 500 Jewish Advocacy U.S. ETF 0.4 18 21 4.1 +2.2
CHRI Global X S&P 500 Christian Values ETF 0.4 29 10 4.1 +2.1
EZM WisdomTree U.S. MidCap Fund 0.4 38 1 7.5 +5.5
GXLC Global X U.S. 500 ETF 0.4 2 37 4.3 +2.3
XVV iShares ESG Screened S&P 500 ETF 0.4 8 31 4.3 +2.3
MGC Vanguard Mega Cap ETF 0.4 7 32 4.1 +2.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.4 9 30 4.8 +2.9
TOK iShares MSCI Kokusai ETF 0.4 26 13 4.4 +2.4
VGT Vanguard Information Technology ETF 0.4 9 30 3.5 +1.5
GWX SPDR S&P International Small Cap ETF 0.4 40 -1 5.5 +3.6
VIDI Vident International Equity Strategy ETF 0.4 61 -22 8.6 +6.7
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.4 3 36 4.5 +2.6
INRO iShares U.S. Industry Rotation Active ETF 0.4 42 -3 4.1 +2.1
IEV iShares Europe ETF 0.4 67 -28 5.6 +3.6
IWL iShares Russell Top 200 ETF 0.4 15 24 4.0 +2.1
SUSA iShares MSCI USA ESG Select ETF 0.4 25 14 4.1 +2.1
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.4 20 19 5.6 +3.7
DIVI Franklin International Core Dividend Tilt Index ETF 0.4 9 30 6.6 +4.6
SPXN ProShares S&P 500 Ex-Financials ETF 0.4 9 30 4.2 +2.3
PPIE Putnam PanAgora ESG International Equity ETF 0.4 49 -10 6.6 +4.7
EZU iShares MSCI Eurozone ETF 0.4 52 -13 5.5 +3.6
IYY iShares Dow Jones U.S. ETF 0.4 20 19 4.2 +2.3
OALC OneAscent Large Cap Core ETF 0.4 86 -47 3.5 +1.6
AVMV Avantis U.S. Mid Cap Value ETF 0.4 20 19 7.3 +5.4
URTH iShares MSCI World ETF 0.4 24 15 4.4 +2.5
DFSU Dimensional US Sustainability Core 1 ETF 0.4 18 21 4.7 +2.7
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.4 20 19 4.1 +2.2
STOX Horizon Core Equity ETF 0.4 70 -31 3.7 +1.7
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.4 29 10 7.6 +5.7
SFTY Horizon Managed Risk ETF 0.4 77 -38 3.6 +1.7
FTEC Fidelity MSCI Information Technology Index ETF 0.4 8 31 3.4 +1.5
STRV Strive 500 ETF 0.4 5 34 4.3 +2.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 17 22 4.7 +2.8
IVV iShares Core S&P 500 ETF 0.4 3 36 4.4 +2.4
SPY SPDR S&P 500 ETF 0.4 9 30 4.3 +2.4
VOO Vanguard S&P 500 ETF 0.4 3 36 4.4 +2.4
DCOR Dimensional US Core Equity 1 ETF 0.4 14 25 4.7 +2.7
IEFA iShares Core MSCI EAFE ETF 0.4 7 32 5.8 +3.9
SPYM State Street SPDR Portfolio S&P 500 ETF 0.4 2 37 4.4 +2.4
VT Vanguard Total World Stock ETF 0.4 6 33 5.1 +3.1
MJSC MUFG Japan Small Cap Active ETF 0.4 85 -46 4.5 +2.6
DON WisdomTree U.S. MidCap Dividend Fund 0.4 38 1 7.9 +6.0
KOKU Xtrackers MSCI Kokusai Equity ETF 0.4 9 30 4.6 +2.6
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.4 11 28 4.3 +2.4
IMCB iShares Morningstar Mid-Cap ETF 0.4 4 35 5.5 +3.5
DFAU Dimensional US Core Equity Market ETF 0.4 12 27 4.4 +2.5
RVRB Reverb ETF 0.4 30 9 4.1 +2.1
VONE Vanguard Russell 1000 ETF 0.4 7 32 4.4 +2.4
IWB iShares Russell 1000 ETF 0.4 15 24 4.3 +2.3
VV Vanguard Large-Cap ETF 0.4 4 35 4.3 +2.4
IJJ iShares S&P Mid-Cap 400 Value ETF 0.4 18 21 7.4 +5.5
EFG iShares MSCI EAFE Growth ETF 0.4 36 3 3.6 +1.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.4 30 9 6.2 +4.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.4 2 37 4.4 +2.5
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.4 32 7 4.4 +2.4
SPXV ProShares S&P 500 Ex-Health Care ETF 0.4 9 30 4.2 +2.2
CALF Pacer US Small Cap Cash Cows 100 ETF 0.4 59 -20 9.1 +7.2
ISCF iShares International SmallCap Equity Factor ETF 0.4 23 16 7.0 +5.1
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.4 20 19 5.2 +3.3
IDEV iShares Core MSCI International Developed Markets ETF 0.4 4 35 5.8 +3.9
RAUS RACWI US ETF 0.4 15 24 4.3 +2.4
SSPY Syntax Stratified LargeCap ETF 0.4 30 9 5.8 +3.9
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.4 25 14 4.8 +2.8
VOTE TCW Transform 500 ETF 0.4 5 34 4.3 +2.4
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 0.4 15 24 7.5 +5.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.4 39 0 5.4 +3.5
SPDW SPDR Portfolio Developed World ex-US ETF 0.4 3 36 5.7 +3.8
ACWI iShares MSCI ACWI ETF 0.4 32 7 4.7 +2.8
DMXF iShares ESG Advanced MSCI EAFE ETF 0.4 12 27 4.8 +2.9
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.4 10 29 7.6 +5.7
VBR Vanguard Small Cap Value ETF 0.4 7 32 7.7 +5.7
SPXE ProShares S&P 500 Ex-Energy ETF 0.4 9 30 4.2 +2.3
VEA Vanguard FTSE Developed Markets ETF 0.4 3 36 5.8 +3.9
CFA VictoryShares US 500 Volatility Wtd ETF 0.4 35 4 5.2 +3.3
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.4 40 -1 5.2 +3.3
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.4 30 9 3.9 +2.0
ADME Aptus Drawdown Managed Equity ETF 0.4 79 -40 3.4 +1.5
BKLC BNY Mellon US Large Cap Core Equity ETF 0.4 0 39 4.4 +2.4
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.4 36 3 5.7 +3.7
EFA iShares MSCI EAFE ETF 0.3 35 4 5.5 +3.6
AVIV Avantis International Large Cap Value ETF 0.3 25 14 6.9 +5.0
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.3 12 27 6.4 +4.4
DFSV Dimensional US Small Cap Value ETF 0.3 31 8 8.7 +6.8
GXC SPDR S & P China ETF 0.3 59 -20 14.7 +12.8
HFXI IQ FTSE International Equity Currency Neutral ETF 0.3 20 19 5.7 +3.7
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.3 47 -8 7.7 +5.7
APUE ActivePassive U.S. Equity ETF 0.3 45 -6 4.0 +2.1
EFV iShares MSCI EAFE Value ETF 0.3 34 5 7.2 +5.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.3 7 32 4.3 +2.4
AVLV Avantis U.S. Large Cap Value ETF 0.3 15 24 6.3 +4.4
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 19 5.6 +3.6
IXUS iShares Core MSCI Total International Stock ETF 0.3 7 32 6.4 +4.5
SCHF Schwab International Equity ETF 0.3 6 33 5.9 +4.0
VOT Vanguard Mid-Cap Growth ETF 0.3 7 32 3.2 +1.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.3 9 30 4.8 +2.8
JHMD John Hancock Multifactor Developed International ETF 0.3 39 0 6.1 +4.2
GVLU Gotham 1000 Value ETF 0.3 50 -11 8.0 +6.1
DFUV Dimensional US Marketwide Value ETF 0.3 22 17 6.2 +4.3
VXUS Vanguard Total International Stock ETF 0.3 5 34 6.5 +4.6
DOL WisdomTree International LargeCap Dividend Fund 0.3 48 -9 5.7 +3.8
DWM WisdomTree International Equity Fund 0.3 48 -9 6.0 +4.1
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.3 40 -1 6.2 +4.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 0 6.4 +4.5
LVHI Franklin International Low Volatility High Dividend Index ET 0.3 40 -1 8.6 +6.6
BKIE BNY Mellon International Equity ETF 0.3 4 35 5.8 +3.8
ITAN Sparkline Intangible Value ETF 0.3 50 -11 5.8 +3.9
AVSU Avantis Responsible U.S. Equity ETF 0.3 15 24 5.1 +3.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.3 32 7 11.8 +9.8
VSGX Vanguard ESG International Stock ETF 0.3 10 29 6.4 +4.5
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 22 5.9 +3.9
ACVF American Conservative Values ETF 0.3 75 -36 3.7 +1.8
JHML John Hancock Multifactor Large Cap ETF 0.3 29 10 4.7 +2.8
DFAT Dimensional U.S. Targeted Value ETF 0.3 28 11 8.4 +6.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 19 4.8 +2.9
ACWX iShares MSCI ACWI ex U.S. ETF 0.3 34 5 6.2 +4.2
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.3 35 4 11.0 +9.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.3 41 -2 6.2 +4.3
DEW WisdomTree Global High Dividend Fund 0.3 58 -19 7.0 +5.1
IWS iShares Russell Mid-Cap Value ETF 0.2 23 16 6.1 +4.2
EIPX FT Energy Income Partners Strategy ETF 0.2 95 -56 6.5 +4.5
LRGF iShares U.S. Equity Factor ETF 0.2 8 31 4.9 +3.0
CWI SPDR MSCI ACWI ex-US ETF 0.2 30 9 6.2 +4.2
IWR iShares Russell Midcap ETF 0.2 19 20 5.4 +3.5
FLCH Franklin FTSE China ETF 0.2 19 20 14.6 +12.7
VEU Vanguard FTSE All-World ex-US Index Fund 0.2 4 35 6.5 +4.6
IGM iShares Expanded Tech Sector ETF 0.2 41 -2 3.2 +1.2
EPS WisdomTree U.S. LargeCap Fund 0.2 8 31 5.1 +3.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.2 18 21 6.2 +4.2
THRO iShares U.S. Thematic Rotation Active ETF 0.2 90 -51 3.2 +1.3
VYMI Vanguard International High Dividend Yield ETF 0.2 17 22 7.6 +5.7
IVLU iShares MSCI Intl Value Factor ETF 0.2 30 9 8.1 +6.1
FMDE Fidelity Enhanced Mid Cap ETF 0.2 23 16 5.2 +3.3
AVEM Avantis Emerging Markets Equity ETF 0.2 33 6 6.8 +4.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.2 29 10 5.4 +3.5
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 19 5.8 +3.9
DFE WisdomTree Europe SmallCap Dividend Fund 0.2 58 -19 6.9 +5.0
IWP iShares Russell Mid-Cap Growth ETF 0.2 23 16 2.8 +0.9
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.2 15 24 5.0 +3.0
GEW Cambria Global EW ETF 0.2 29 10 5.3 +3.4
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.2 70 -31 6.4 +4.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.2 25 14 6.2 +4.2
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.2 19 20 4.7 +2.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 -6 6.9 +4.9
XLK The Technology Select Sector SPDR Fund 0.2 8 31 3.8 +1.9
DFLV Dimensional US Large Cap Value ETF 0.2 22 17 6.3 +4.4
EPP iShares MSCI Pacific ex-Japan ETF 0.2 47 -8 4.6 +2.7
MCHI iShares MSCI China ETF 0.2 59 -20 16.0 +14.1
IDU iShares U.S. Utilities ETF 0.2 40 -1 4.2 +2.2
ONEQ Fidelity Nasdaq Composite Index ETF 0.2 21 18 3.3 +1.3
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 0 8.0 +6.1
GLOF iShares Global Equity Factor ETF 0.2 20 19 5.9 +3.9
QLC FlexShares US Quality Large Cap Index Fund 0.2 25 14 4.6 +2.7
DAK Dakota Active Equity ETF 0.2 43 -4 3.9 +1.9
SCHV Schwab U.S. Large-Cap Value ETF 0.2 4 35 5.7 +3.8
DFIV Dimensional International Value ETF 0.2 27 12 7.5 +5.6
FNDF Schwab Fundamental International Large Co. Index ETF 0.2 25 14 7.5 +5.6
EFAV iShares MSCI EAFE Min Vol Factor ETF 0.2 22 17 5.2 +3.3
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 30 4.3 +2.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 -3 5.5 +3.6
VALQ American Century U.S. Quality Value ETF 0.2 29 10 6.7 +4.8
JVAL JPMorgan U.S. Value Factor ETF 0.2 12 27 6.9 +4.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.2 59 -20 7.0 +5.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.2 38 1 7.1 +5.2
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.2 35 4 5.5 +3.5
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.2 30 9 5.7 +3.8
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.2 80 -41 6.5 +4.6
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 -26 7.0 +5.0
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.2 25 14 5.9 +4.0
TTAC FCF US Quality ETF 0.2 59 -20 5.1 +3.1
FAB First Trust Multi Cap Value AlphaDEX Fund 0.2 67 -28 8.3 +6.4
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 9 5.0 +3.1
HDUS Hartford Disciplined US Equity ETF 0.2 19 20 5.1 +3.1
GMF SPDR S&P Emerging Asia Pacific ETF 0.2 49 -10 8.2 +6.3
DFEV Dimensional Emerging Markets Value ETF 0.2 43 -4 9.7 +7.8
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -50 4.2 +2.3
PXH Invesco FTSE RAFI Emerging Markets ETF 0.1 49 -10 13.0 +11.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.1 18 21 6.7 +4.7
VEGN US Vegan Climate ETF 0.1 60 -21 4.0 +2.1
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.1 19 20 5.0 +3.1
SCHB Schwab U.S. Broad Market ETF 0.1 3 36 4.4 +2.4
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 0.1 9 30 7.7 +5.8
FENI Fidelity Enhanced International ETF 0.1 28 11 5.3 +3.4
FYC First Trust Small Cap Growth AlphaDEX Fund 0.1 71 -32 -1.3 -3.3
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.1 20 19 5.4 +3.4
DLN WisdomTree U.S. LargeCap Dividend Fund 0.1 28 11 5.2 +3.2
GXPT Global X PureCap MSCI Information Technology ETF 0.1 25 14 3.6 +1.6
VFQY Vanguard U.S. Quality Factor ETF 0.1 13 26 5.4 +3.5
DTD WisdomTree U.S. Total Dividend Fund 0.1 28 11 5.5 +3.5
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 27 5.6 +3.7
SMMD iShares Russell 2500 ETF 0.1 15 24 5.7 +3.8
VO Vanguard Mid-Cap ETF 0.1 4 35 5.3 +3.4
EBI Longview Advantage ETF 0.1 35 4 5.6 +3.7
IXN iShares Global Tech ETF 0.1 41 -2 3.0 +1.0
IMFL Invesco International Developed Dynamic Multifactor ETF 0.1 34 5 4.6 +2.7
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 19 5.2 +3.3
GSPY Gotham Enhanced 500 ETF 0.1 50 -11 4.6 +2.6
SCHK Schwab 1000 Index ETF 0.1 5 34 4.4 +2.5
DFAE Dimensional Emerging Core Equity Market ETF 0.1 35 4 7.0 +5.1
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 -19 7.9 +6.0
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 21 5.8 +3.9
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 14 8.1 +6.2
DSI iShares MSCI KLD 400 Social ETF 0.1 25 14 4.2 +2.3
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 10 5.1 +3.2
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 32 9.0 +7.1
BKF iShares MSCI BIC ETF 0.1 69 -30 12.0 +10.0
QGRO American Century U.S. Quality Growth ETF 0.1 29 10 3.3 +1.4
ZSB USCF Sustainable Battery Metals Strategy Fund 0.1 61 -22 4.8 +2.8
IMTM iShares MSCI Intl Momentum Factor ETF 0.1 30 9 4.5 +2.6
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.1 20 19 8.7 +6.7
VWO Vanguard FTSE Emerging Markets ETF 0.1 7 32 8.8 +6.9
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 3 7.6 +5.6
AVSE Avantis Responsible Emerging Markets Equity ETF 0.1 33 6 6.6 +4.6
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 29 5.0 +3.0
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 -19 6.8 +4.9
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.1 45 -6 8.0 +6.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 6 7.6 +5.7
DFVX Dimensional US Large Cap Vector ETF 0.1 22 17 5.3 +3.4
SCHX Schwab U.S. Large-Cap ETF 0.1 3 36 4.4 +2.5
GLBL Pacer MSCI World Industry Advantage ETF 0.1 65 -26 3.7 +1.7
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.1 41 -2 6.7 +4.8
AFLG First Trust Active Factor Large Cap ETF 0.1 55 -16 5.4 +3.5
EEMA iShares MSCI Emerging Markets Asia ETF 0.1 49 -10 7.5 +5.6
EWC iShares MSCI Canada ETF 0.1 50 -11 5.1 +3.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.1 25 14 5.7 +3.8
SCHE Schwab Emerging Markets Equity ETF 0.1 11 28 9.2 +7.3
IPAC iShares Core MSCI Pacific ETF 0.1 9 30 5.2 +3.3
VPL Vanguard FTSE Pacific ETF 0.1 7 32 5.2 +3.3
FLAX Franklin FTSE Asia Ex Japan ETF 0.1 19 20 7.1 +5.2
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.1 10 29 4.3 +2.4
VONV Vanguard Russell 1000 Value ETF 0.1 7 32 5.6 +3.7
IWD iShares Russell 1000 Value ETF 0.1 19 20 5.5 +3.6
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 21 5.6 +3.6
DIHP Dimensional International High Profitability ETF 0.1 29 10 5.5 +3.6
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 30 8.1 +6.2
IGF iShares Global Infrastructure ETF 0.1 41 -2 4.0 +2.1
SUSL iShares ESG MSCI USA Leaders ETF 0.1 10 29 4.3 +2.3
GII SPDR S&P Global Infrastructure ETF 0.1 40 -1 4.0 +2.1
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 24 8.1 +6.2
DEM WisdomTree Emerging Markets High Dividend Fund 0.1 63 -24 11.2 +9.2
STXV Strive 1000 Value ETF 0.1 18 21 6.8 +4.9
IGRO iShares International Dividend Growth ETF 0.1 15 24 6.0 +4.1
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.1 70 -31 6.9 +4.9
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 0 5.8 +3.9
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 19 4.5 +2.5
FELC Fidelity Enhanced Large Cap Core ETF 0.1 18 21 4.6 +2.7
JHEM John Hancock Multifactor Emerging Markets ETF 0.1 49 -10 7.8 +5.9
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 28 7.5 +5.5
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 14 6.2 +4.3
IQLT iShares MSCI Intl Quality Factor ETF 0.1 30 9 5.2 +3.2
EEM iShares MSCI Emerging Markets ETF 0.1 69 -30 7.7 +5.7
ROUS Hartford Multifactor US Equity ETF 0.1 19 20 5.9 +4.0
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.1 33 6 6.4 +4.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -27 7.3 +5.4
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.0 53 -14 5.6 +3.7
QVML Invesco S&P 500 QVM Multi-factor ETF 0.0 11 28 4.5 +2.6
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 0.0 30 9 7.7 +5.8
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.0 20 19 7.1 +5.2
EEMO Invesco S&P Emerging Markets Momentum ETF 0.0 29 10 6.8 +4.9
EMXF iShares ESG Advanced MSCI EM ETF 0.0 16 23 6.8 +4.8
EMLP First Trust North American Energy Infrastructure Fund 0.0 95 -56 5.0 +3.1
FELG Fidelity Enhanced Large Cap Growth ETF 0.0 18 21 4.1 +2.1
PBUS Invesco MSCI USA ETF 0.0 4 35 4.3 +2.4
MODL VictoryShares WestEnd U.S. Sector ETF 0.0 42 -3 4.1 +2.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.0 32 7 6.7 +4.8
IUS Invesco RAFI Strategic US ETF 0.0 19 20 5.9 +4.0
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.0 30 9 7.2 +5.2
VFMV Vanguard U.S. Minimum Volatility ETF 0.0 13 26 5.2 +3.2
REVS Columbia Research Enhanced Value ETF 0.0 19 20 6.9 +4.9
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.0 50 -11 8.5 +6.5
RWL Invesco S&P 500 Revenue ETF 0.0 39 0 5.9 +3.9
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 14 6.3 +4.3
IUSV iShares Core S&P US Value ETF 0.0 4 35 5.6 +3.7
SCJ iShares MSCI Japan Small-Cap ETF 0.0 50 -11 5.4 +3.4
VFVA Vanguard U.S. Value Factor ETF 0.0 13 26 9.1 +7.2
RECS Columbia Research Enhanced Core ETF 0.0 15 24 5.2 +3.3
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.0 15 24 6.3 +4.3
SFGV Sequoia Global Value ETF 0.0 23 16 7.1 +5.1
DIVB iShares Core Dividend ETF 0.0 5 34 7.1 +5.2
VYM Vanguard High Dividend Yield Index ETF 0.0 6 33 6.0 +4.1
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 -10 4.9 +3.0
TRUT VanEck Technology TruSector ETF 0.0 13 26 4.0 +2.0

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:		 Fidelity Clean Energy ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 3.8 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 39 bp
Equals: ALTAR Score 1.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.71 CATEGORY
AVERAGE		 1.58
 
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.