Fidelity Clean Energy ETF
ALTAR
Score™		 2.0% info Recommen-
dation		 UNDERWEIGHT
2022E    2023E
P/E
ratio		 38.2x P/Sales
ratio		 1.3x
P/BV
ratio		 2.3x Div.
yield		 1.4%


  • 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) $39
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 50
Wgt avg mkt cap (mns) $9,013
Large cap (>$10bn) 25.1%
Mid cap ($2-10bn) 52.5%
Small cap (<$2bn) 14.5%
Developed mkts 84.4%
Emerging mkts 15.6%

TOP TEN HOLDINGS
FIRST SOLAR INC 4.4 %
VESTAS WIND SYSTEMS A/S 4.3 %
ENPHASE ENERGY INC 4.3 %
DONG ENERGY A/S 3.5 %
NORTHLAND POWER INC 2.8 %
XINYI SOLAR HOLDINGS LTD 2.7 %
BROOKFIELD RENEWABLE CORPORATION C 2.6 %
ACCIONA SA 2.5 %
EDP RENOVAVEIS SA 2.5 %
PLUG POWER INC 2.5 %
Total 32.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 28.7 %
CHINA 12.6 %
CANADA 10.0 %
SPAIN 8.6 %
DENMARK 7.9 %
GERMANY 5.3 %
JAPAN 4.1 %
BRITAIN 4.0 %
SOUTH KOREA 3.3 %
SWEDEN 2.4 %

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.
-0.3% -6.5% -- -- -19.4%

Market Correlations
versus... Beta R-squared
S&P500 1.21 63%
MSCI EAFE 1.21 58%
MSCI Emg. Mkts. 1.02 44%

Technical Indicators
Recent close $21.16
30d moving avg. $21.79
Annualized volatility 34.7%
Short interest (ETF) 0.0%
Relative strength (RSI) 40

Liquidity measures
Avg. volume (thou.) 15
Turnover 0.8%
Bid/Ask (% of price) 0.45%
ADV underlying (mns) $2,238

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 601 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™: 2.0%


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
(%)
ICLN iShares Global Clean Energy ETF 43.2 40 -1 3.6 +1.6
TAN Invesco Solar ETF 39.2 69 -30 4.7 +2.7
CTEC Global X CleanTech ETF 38.8 50 -11 2.9 +0.9
VCLN Virtus Duff & Phelps Clean Energy ETF 38.4 59 -20 4.0 +2.0
RNRG Global X Renewable Energy Producers ETF 37.8 65 -26 3.8 +1.8
PBD Invesco Global Clean Energy ETF 36.6 75 -36 -1.3 -3.3
FAN First Trust Global Wind Energy ETF 33.4 62 -23 5.0 +3.0
ACES ALPS Clean Energy ETF 30.4 55 -16 -2.4 -4.4
WNDY Global X Wind Energy ETF 28.4 50 -11 4.1 +2.1
SMOG VanEck Low Carbon Energy ETF 27.3 55 -16 3.4 +1.4
CNRG SPDR S&P Kensho Clean Power ETF 27.2 45 -6 2.9 +1.0
ERTH Invesco MSCI Sustainable Future ETF 25.9 56 -17 4.4 +2.4
RAYS Global X Solar ETF 24.5 50 -11 4.8 +2.9
SOLR SmartETFs Sustainable Energy II Fund 21.1 79 -40 3.8 +1.8
PBW Invesco WilderHill Clean Energy ETF 20.7 61 -22 -7.9 -9.9
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 20.7 58 -19 -0.2 -2.2
RNEW VanEck Green Infrastructure ETF 19.4 45 -6 1.1 -0.9
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 18.6 75 -36 5.9 +4.0
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 16.6 45 -6 4.8 +2.8
ENRG SoFi Smart Energy ETF 15.4 59 -20 -1.7 -3.7
BNE Blue Horizon BNE ETF 14.7 87 -48 5.2 +3.3
MVPS Amplify Thematic All-Stars ETF 13.4 49 -10 2.1 +0.2
NZRO Strategy Shares Halt Climate Change ETF 11.8 95 -56 2.0 +0.0
OCEN IQ Clean Oceans ETF 11.7 45 -6 6.8 +4.8
CCSO Carbon Collective Climate Solutions U.S. Equity ETF 10.8 35 4 3.5 +1.5
BECO BlackRock Future Climate and Sustainable Economy ETF 9.9 70 -31 5.0 +3.1
SDG iShares Sustainable MSCI Global Impact ETF 9.5 49 -10 7.2 +5.2
BLLD JPMorgan Sustainable Infrastructure ETF 8.5 49 -10 5.5 +3.5
PWC Invesco Dynamic Market ETF 8.0 60 -21 8.1 +6.1
EDEN iShares MSCI Denmark Capped ETF 7.9 53 -14 5.8 +3.8
PTF Invesco DWA Technology Momentum ETF 7.1 60 -21 4.6 +2.6
HJEN Direxion Hydrogen ETF 7.1 45 -6 -0.0 -2.0
HYDR Global X Hydrogen ETF 7.1 50 -11 -6.9 -8.9
HDRO Defiance Next Gen H2 ETF 7.1 30 9 -6.7 -8.7
CLNR IQ Cleaner Transport ETF 6.7 45 -6 7.2 +5.2
KGRN KraneShares MSCI China Clean Technology Index ETF 6.4 78 -39 6.7 +4.7
SIMS SPDR S&P Kensho Intelligent Structures ETF 5.9 45 -6 0.1 -1.9
GSFP Goldman Sachs Future Planet Equity ETF 5.8 75 -36 4.0 +2.0
JZRO Janus Henderson Net Zero Transition Resources ETF 5.7 60 -21 7.7 +5.7
FDRV Fidelity Electric Vehicles and Future Transportation ETF 5.5 39 0 -1.2 -3.2
KOMP SPDR Kensho New Economies Composite ETF 5.4 20 19 -1.3 -3.3
SHOC Strive U.S. Semiconductor ETF 5.2 40 -1 7.4 +5.4
XT iShares Exponential Technologies ETF 5.0 46 -7 3.8 +1.8
ECLN First Trust EIP Carbon Impact ETF 5.0 95 -56 4.6 +2.6
DTEC ALPS Disruptive Technologies ETF 5.0 50 -11 4.5 +2.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 4.6 63 -24 5.1 +3.1
TEMP JPMorgan Climate Change Solutions ETF 4.4 49 -10 4.6 +2.6
EWP iShares MSCI Spain ETF 4.2 50 -11 8.7 +6.8
BSEA ETFMG Breakwave Sea Decarbonization Tech ETF 4.1 75 -36 0.9 -1.1
MEME Roundhill MEME ETF 4.1 69 -30 -4.1 -6.0
TRFM AAM Transformers ETF 4.1 49 -10 2.0 +0.0
EWGS iShares MSCI Germany Small Cap ETF 4.1 59 -20 9.4 +7.4
PUI Invesco DWA Utilities Momentum ETF 3.9 60 -21 5.7 +3.7
ETHO Etho Climate Leadership U.S. ETF 3.9 47 -8 5.3 +3.3
IMOM Alpha Architect International Quantitative Momentum ETF 3.9 60 -21 9.0 +7.0
NUMG Nuveen ESG Mid-Cap Growth ETF 3.7 30 9 5.4 +3.5
FXN First Trust Energy AlphaDEX Fund 3.7 64 -25 6.5 +4.5
WBAT WisdomTree Battery Value Chain and Innovation Fund 3.5 45 -6 3.2 +1.3
CHIK Global X MSCI China Information Technology ETF 3.5 65 -26 6.8 +4.8
IYE iShares U.S. Energy ETF 3.5 39 0 8.0 +6.1
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 3.4 75 -36 8.0 +6.0
ECOZ TrueMark ESG Active Opportunities ETF 3.2 58 -19 5.4 +3.4
IQM Franklin Intelligent Machines ETF 3.0 50 -11 4.1 +2.1
RYT Invesco S&P 500 Equal Weight Technology ETF 2.9 40 -1 7.0 +5.0
XSD SPDR S&P Semiconductor ETF 2.8 35 4 6.8 +4.8
GLIF AGFiQ Global Infrastructure ETF 2.8 45 -6 6.2 +4.2
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.7 49 -10 7.3 +5.3
FFND Future Fund Active ETF 2.6 101 -62 2.7 +0.7
GXG Global X MSCI Colombia ETF 2.6 61 -22 16.3 +14.4
QQQN VictoryShares Nasdaq Next 50 ETF 2.6 18 21 6.8 +4.8
ECNS iShares MSCI China Small-Cap ETF 2.6 57 -18 10.7 +8.8
GBUY Goldman Sachs Future Consumer Equity ETF 2.5 75 -36 3.2 +1.2
PGAL Global X FTSE Portugal 20 ETF 2.5 58 -19 7.3 +5.3
PGJ Invesco Golden Dragon China ETF 2.3 70 -31 4.5 +2.6
CHIU Global X MSCI China Utilities ETF 2.3 67 -28 10.4 +8.4
EMIF iShares Emerging Markets Infrastructure ETF 2.3 60 -21 5.2 +3.3
TCHI iShares MSCI China Multisector Tech ETF 2.3 59 -20 4.0 +2.1
BUZZ VanEck Social Sentiment ETF 2.2 75 -36 1.5 -0.5
FDMO Fidelity Momentum Factor ETF 2.2 29 10 6.7 +4.7
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.1 61 -22 9.3 +7.4
AZTD Aztlan Global Stock Selection DM SMID ETF 2.1 75 -36 7.2 +5.3
ISRA VanEck Israel ETF 2.1 59 -20 9.0 +7.0
GGRW Gabelli Growth Innovators ETF 2.1 90 -51 3.9 +1.9
BIBL Inspire ETF 2.0 35 4 6.3 +4.3
HAIL SPDR S&P Kensho Smart Mobility ETF 2.0 45 -6 -5.4 -7.4
DIV Global X SuperDividend US ETF 2.0 45 -6 8.8 +6.8
PIO Invesco Global Water ETF 2.0 75 -36 5.7 +3.8
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 2.0 20 19 5.5 +3.5
EWO iShares MSCI Austria ETF 2.0 50 -11 14.2 +12.2
AIRR First Trust RBA American Industrial Renaissance ETF 2.0 70 -31 6.8 +4.8
FXU First Trust Utilities AlphaDEX Fund 2.0 64 -25 7.4 +5.4
KEJI Global X China Innovation ETF 1.9 75 -36 3.5 +1.6
IPOS Renaissance International IPO ETF 1.9 80 -41 -35.9 -37.8
PID Invesco International Dividend Achievers ETF 1.9 56 -17 8.3 +6.4
BKIS BNY Mellon Sustainable International Equity ETF 1.9 70 -31 5.6 +3.6
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.9 70 -31 3.2 +1.2
FCPI Fidelity Stocks for Inflation ETF 1.8 29 10 10.3 +8.3
FKU First Trust United Kingdom AlphaDEX Fund 1.8 80 -41 10.1 +8.1
FTGS First Trust Growth Strength ETF 1.8 60 -21 8.1 +6.2
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.7 60 -21 10.5 +8.5
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.7 15 24 4.5 +2.5
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.6 60 -21 5.3 +3.3
FEUZ First Trust Eurozone AlphaDEX ETF 1.6 80 -41 8.9 +6.9
SAMT Strategas Macro Thematic Opportunities ETF 1.6 65 -26 4.2 +2.2
OSCV Opus Small Cap Value Plus ETF 1.6 79 -40 7.1 +5.1
SCHC Schwab International Small-Cap Equity ETF 1.6 11 28 6.6 +4.6
VBK Vanguard Small-Cap Growth Index Fund 1.5 7 32 1.8 -0.2
TMFX Motley Fool Next Index ETF 1.5 50 -11 4.0 +2.0
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.5 52 -13 8.8 +6.8
DKRB Subversive Decarbonization ETF 1.5 75 -36 5.1 +3.1
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 1.5 69 -30 8.0 +6.0
BTEK BlackRock Future Tech ETF 1.5 88 -49 0.8 -1.2
DRIV Global X Autonomous & Electric Vehicles ETF 1.5 68 -29 5.0 +3.0
RPG Invesco S&P 500 Pure Growth ETF 1.5 35 4 9.5 +7.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.4 7 32 6.9 +4.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.4 12 27 6.7 +4.7
GK AdvisorShares Gerber Kawasaki ETF 1.4 81 -42 5.4 +3.4
BICK First Trust BICK Index Fund 1.4 64 -25 6.8 +4.9
CBSE Changebridge Capital Sustainable Equity ETF 1.4 85 -46 2.2 +0.2
VFMO Vanguard U.S. Momentum Factor ETF 1.3 13 26 4.4 +2.5
SNSR Global X Internet of Things Thematic ETF 1.3 68 -29 5.0 +3.1
IWO iShares Russell 2000 Growth ETF 1.3 23 16 3.1 +1.1
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 1.3 35 4 9.5 +7.5
IEUS iShares MSCI Europe Small-Cap ETF 1.3 40 -1 6.3 +4.3
NUSC Nuveen ESG Small-Cap ETF 1.2 30 9 5.9 +4.0
BLES Inspire Global Hope Large Cap ETF 1.2 49 -10 7.2 +5.2
VTWG Vanguard Russell 2000 Growth Index Fund 1.2 15 24 3.2 +1.2
EIS iShares MSCI Israel ETF 1.2 57 -18 11.1 +9.2
JXI iShares Global Utilities ETF 1.2 40 -1 6.4 +4.4
VOT Vanguard Mid-Cap Growth Index Fund 1.2 7 32 5.5 +3.5
ITEQ BlueStar Israel Technology ETF 1.2 75 -36 2.5 +0.5
EYLD Cambria Emerging Shareholder Yield ETF 1.2 64 -25 15.5 +13.5
ESGN Columbia Sustainable International Equity Income ETF 1.1 45 -6 9.0 +7.0
ENTR Entrepreneur 30 Fund 1.1 49 -10 2.6 +0.6
SPMO Invesco S&P 500 Momentum ETF 1.1 13 26 7.8 +5.8
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.1 58 -19 9.5 +7.5
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.1 57 -18 5.4 +3.4
RESD WisdomTree International ESG Fund 1.1 30 9 7.8 +5.8
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.1 35 4 5.6 +3.6
PDP Invesco DWA Momentum ETF 1.0 62 -23 5.9 +3.9
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 1.0 108 -69 4.0 +2.0
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 1.0 50 -11 3.7 +1.7
ALTL Pacer Lunt Large Cap Alternator ETF 1.0 60 -21 4.8 +2.9
QGRO American Century STOXX U.S. Quality Growth ETF 1.0 29 10 7.2 +5.2
SPHB Invesco S&P 500 High Beta ETF 1.0 25 14 5.2 +3.2
HAP VanEck Natural Resources ETF 1.0 49 -10 9.4 +7.4
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 1.0 45 -6 10.9 +8.9
EQAL Invesco Russell 1000 Equal Weight ETF 1.0 20 19 7.2 +5.3
MTUM iShares MSCI USA Momentum Factor ETF 1.0 15 24 8.2 +6.2
FYC First Trust Small Cap Growth AlphaDEX Fund 1.0 70 -31 3.9 +2.0
IWTR iShares MSCI Water Management Multisector ETF 1.0 47 -8 5.4 +3.4
DFIS Dimensional International Small Cap ETF 1.0 39 0 6.4 +4.4
RYJ Invesco Raymond James SB-1 Equity ETF 1.0 81 -42 5.9 +3.9
TTAC TrimTabs US Free Cash Flow Quality ETF 1.0 59 -20 8.2 +6.2
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 1.0 75 -36 3.6 +1.6
VB Vanguard Small-Cap ETF 0.9 5 34 6.4 +4.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.9 49 -10 6.2 +4.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.9 20 19 7.2 +5.2
AUSF Global X Adaptive U.S. Factor ETF 0.9 27 12 8.0 +6.0
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 0.9 18 21 8.5 +6.5
WWJD Inspire International ESG ETF 0.9 69 -30 7.6 +5.7
ZSB USCF Sustainable Battery Metals Strategy Fund 0.9 59 -20 5.0 +3.1
SCHM Schwab U.S. Mid-Cap ETF 0.9 4 35 7.0 +5.0
IPO Renaissance IPO ETF 0.9 60 -21 -49.6 -51.6
GVAL Cambria Global Value ETF 0.9 71 -32 14.5 +12.5
ISZE iShares Edge MSCI Intl Size Factor ETF 0.9 30 9 7.4 +5.4
STXK Strive Small-Cap ETF 0.9 18 21 6.4 +4.4
JHMM John Hancock Multifactor Mid Cap ETF 0.9 41 -2 8.3 +6.3
DFE WisdomTree Europe SmallCap Dividend Fund 0.8 58 -19 10.0 +8.0
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.8 32 7 6.8 +4.8
IWP iShares Russell Mid-Cap Growth ETF 0.8 23 16 5.6 +3.7
EFRA iShares Environmental Infrastructure and Industrials ETF 0.8 47 -8 5.3 +3.4
VMAT V-Shares MSCI World ESG Materiality and Carbon Transition ET 0.8 39 0 6.8 +4.8
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.8 10 29 6.3 +4.3
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.8 10 29 6.3 +4.3
EQUL IQ Engender Equality ETF 0.8 45 -6 7.8 +5.8
TPIF Timothy Plan International ETF 0.8 62 -23 7.4 +5.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.8 39 0 5.8 +3.8
FLRG Fidelity U.S. Multifactor ETF 0.8 29 10 8.5 +6.5
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 0.8 15 24 7.6 +5.6
IWM iShares Russell 2000 ETF 0.8 19 20 4.9 +2.9
SFYX Sofi Next 500 ETF 0.8 0 39 7.3 +5.3
KESG KraneShares MSCI China ESG Leaders Index ETF 0.8 59 -20 12.5 +10.6
SCZ iShares MSCI EAFE Small-Cap ETF 0.8 39 0 6.5 +4.5
EWUS iShares MSCI United Kingdom Small Cap ETF 0.8 59 -20 7.9 +5.9
XMMO Invesco S&P MidCap Momentum ETF 0.8 33 6 8.7 +6.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.8 65 -26 9.0 +7.0
VTWO Vanguard Russell 2000 Index Fund 0.8 10 29 4.9 +2.9
BFOR Barron's 400 ETF 0.7 65 -26 10.7 +8.7
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 0.7 60 -21 6.2 +4.3
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 0.7 49 -10 6.6 +4.6
JHSC John Hancock Multifactor Small Cap ETF 0.7 42 -3 7.4 +5.4
IEUR iShares Core MSCI Europe ETF 0.7 9 30 7.7 +5.7
FUTY Fidelity MSCI Utilities Index ETF 0.7 8 31 6.2 +4.2
DGT SPDR Global Dow ETF 0.7 50 -11 8.4 +6.4
VPU Vanguard Utilities Index Fund 0.7 10 29 6.1 +4.2
AVDE Avantis International Equity ETF 0.7 23 16 9.3 +7.3
FEP First Trust Europe AlphaDEX Fund 0.7 80 -41 9.8 +7.8
OBOR KraneShares MSCI One Belt One Road Index ETF 0.7 78 -39 11.2 +9.2
CSML IQ Chaikin U.S. Small Cap ETF 0.7 35 4 6.9 +4.9
VGK Vanguard FTSE Europe ETF 0.7 8 31 7.8 +5.9
SPEU SPDR Portfolio Europe ETF 0.7 9 30 7.6 +5.7
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 0.7 17 22 5.9 +4.0
FEMS First Trust Emerging Markets Small Cap Alphadex Fund 0.7 80 -41 16.7 +14.7
SCHA Schwab U.S. Small-Cap ETF 0.7 4 35 6.0 +4.0
CIL VictoryShares International Volatility Weighted Index ETF 0.7 45 -6 7.9 +6.0
XLK Technology Select Sector SPDR Fund 0.6 10 29 6.3 +4.3
EFG iShares MSCI EAFE Growth ETF 0.6 35 4 5.2 +3.3
UIVM VictoryShares USAA MSCI International Value Momentum ETF 0.6 35 4 10.3 +8.4
AVDV Avantis International Small Cap Value ETF 0.6 36 3 10.3 +8.3
SMMD iShares Russell 2500 ETF 0.6 15 24 6.8 +4.8
BATT Amplify Lithium & Battery Technology ETF 0.6 59 -20 4.9 +2.9
WBIY WBI Power Factor High Dividend ETF 0.6 70 -31 13.3 +11.3
IWR iShares Russell Midcap ETF 0.6 18 21 6.9 +4.9
FLEH Franklin FTSE Europe Hedged ETF 0.6 9 30 8.2 +6.2
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.6 46 -7 7.7 +5.8
FLEE Franklin FTSE Europe ETF 0.6 9 30 8.0 +6.0
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.6 14 25 7.3 +5.3
GXC SPDR S&P China ETF 0.6 59 -20 10.1 +8.2
ERSX ERShares NextGen Entrepreneurs ETF 0.6 75 -36 6.8 +4.9
JSML Janus Henderson Small Cap Growth Alpha ETF 0.6 30 9 11.7 +9.7
BKSE BNY Mellon US Small Cap Core Equity ETF 0.6 4 35 6.5 +4.6
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.6 63 -24 5.3 +3.3
PIZ Invesco DWA Developed Markets Momentum ETF 0.6 80 -41 6.3 +4.4
EWC iShares MSCI Canada ETF 0.6 50 -11 8.7 +6.7
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.6 68 -29 7.2 +5.2
DRLL Strive U.S. Energy ETF 0.6 41 -2 7.9 +5.9
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 30 7.1 +5.2
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 0.6 20 19 8.8 +6.8
IMCV iShares Morningstar Mid-Cap Value ETF 0.6 6 33 9.5 +7.5
ISCG iShares Morningstar Small-Cap Growth ETF 0.6 6 33 2.3 +0.3
VO Vanguard Mid-Cap Index Fund 0.6 4 35 7.3 +5.3
NUMV Nuveen ESG Mid-Cap Value ETF 0.6 30 9 10.4 +8.5
BBEU JPMorgan BetaBuilders Europe ETF 0.6 9 30 8.0 +6.0
ESGD iShares MSCI EAFE ESG Optimized ETF 0.6 20 19 7.5 +5.5
PBSM Invesco PureBeta MSCI USA Small Cap ETF 0.6 6 33 5.9 +3.9
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.6 75 -36 7.7 +5.7
DIM WisdomTree International MidCap Dividend Fund 0.6 58 -19 9.8 +7.8
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.6 15 24 19.9 +17.9
QQQS Invesco NASDAQ Future Gen 200 ETF 0.5 20 19 -8.3 -10.3
FTC First Trust Large Cap Growth AlphaDEX Fund 0.5 59 -20 6.7 +4.7
IJJ iShares S&P Mid-Cap 400 Value ETF 0.5 18 21 9.9 +8.0
MDYV SPDR S&P 400 Mid Cap Value ETF 0.5 15 24 10.0 +8.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.5 7 32 6.2 +4.2
IDEV iShares Core MSCI International Developed Markets ETF 0.5 4 35 7.8 +5.8
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.5 29 10 8.9 +6.9
MCHI iShares MSCI China ETF 0.5 57 -18 10.8 +8.8
FIDU Fidelity MSCI Industrials Index ETF 0.5 8 31 6.4 +4.4
DFAI Dimensional International Core Equity Market ETF 0.5 18 21 7.9 +5.9
FNDC Schwab Fundamental International Small Co. Index ETF 0.5 39 0 7.2 +5.3
DISV Dimensional International Small Cap Value ETF 0.5 42 -3 10.3 +8.3
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.5 47 -8 7.5 +5.5
DFIC Dimensional International Core Equity 2 ETF 0.5 23 16 8.4 +6.4
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.5 20 19 8.5 +6.6
ISCF iShares Edge MSCI Multifactor Intl Small-Cap ETF 0.5 40 -1 10.6 +8.6
EUSA iShares MSCI USA Equal Weighted ETF 0.5 9 30 7.3 +5.3
EXI iShares Global Industrials ETF 0.5 40 -1 6.5 +4.5
DFAS Dimensional U.S. Small Cap ETF 0.5 28 11 7.5 +5.5
DMXF iShares ESG Advanced MSCI EAFE ETF 0.5 12 27 6.6 +4.6
VIS Vanguard Industrials Index Fund 0.5 10 29 6.1 +4.1
INTF iShares Edge MSCI Multifactor Intl ETF 0.5 15 24 9.1 +7.2
IWS iShares Russell Mid-Cap Value ETF 0.5 23 16 7.9 +5.9
FLCH Franklin FTSE China ETF 0.5 19 20 11.0 +9.0
IQLT iShares Edge MSCI Intl Quality Factor ETF 0.5 30 9 8.2 +6.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.5 31 8 8.9 +6.9
AVES Avantis Emerging Markets Value ETF 0.5 36 3 15.0 +13.0
VBR Vanguard Small Cap Value Index Fund 0.5 7 32 9.6 +7.6
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.5 64 -25 8.2 +6.2
NORW Global X MSCI Norway ETF 0.5 50 -11 7.1 +5.1
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.5 70 -31 6.2 +4.2
ENOR iShares MSCI Norway ETF 0.5 53 -14 7.2 +5.2
RNDM First Trust Developed International Equity Select ETF 0.5 65 -26 7.1 +5.1
IEV iShares Europe ETF 0.5 58 -19 7.4 +5.4
IEFA iShares Core MSCI EAFE ETF 0.5 7 32 7.7 +5.7
VXF Vanguard Extended Market Index Fund 0.5 6 33 4.5 +2.5
EWMC Invesco S&P MidCap 400 Equal Weight ETF 0.5 40 -1 8.5 +6.5
VEA Vanguard FTSE Developed Markets ETF 0.5 5 34 8.0 +6.0
GLCN VanEck China Growth Leaders ETF 0.5 60 -21 12.2 +10.2
ISCB iShares Morningstar Small-Cap ETF 0.5 4 35 5.6 +3.7
TPLC Timothy Plan US Large Cap Core ETF 0.5 52 -13 7.2 +5.2
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.5 52 -13 6.6 +4.6
DFAT Dimensional U.S. Targeted Value ETF 0.5 29 10 10.1 +8.1
IDLV Invesco S&P International Developed Low Volatility ETF 0.5 25 14 6.7 +4.7
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.4 9 30 5.1 +3.1
IXN iShares Global Tech ETF 0.4 40 -1 5.9 +3.9
VEGN US Vegan Climate ETF 0.4 60 -21 6.2 +4.2
DON WisdomTree U.S. MidCap Dividend Fund 0.4 38 1 10.3 +8.3
JHMD John Hancock Multifactor Developed International ETF 0.4 39 0 8.6 +6.6
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.4 20 19 7.4 +5.4
SIZE iShares MSCI USA Size Factor ETF 0.4 15 24 7.2 +5.2
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.4 25 14 11.0 +9.0
SSPY Syntax Stratified LargeCap ETF 0.4 30 9 7.7 +5.7
FTEC Fidelity MSCI Information Technology Index ETF 0.4 8 31 6.1 +4.1
IXUS ishares Core MSCI Total International Stock ETF 0.4 7 32 8.0 +6.0
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 0.4 35 4 7.8 +5.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.4 39 0 9.4 +7.5
VGT Vanguard Information Technology Index Fund 0.4 10 29 6.1 +4.1
DFIV Dimensional International Value ETF 0.4 30 9 10.0 +8.0
IGM iShares Expanded Tech Sector ETF 0.4 40 -1 5.7 +3.8
RNMC Mid Cap US Equity Select ETF 0.4 60 -21 10.0 +8.0
IQSI IQ Candriam ESG International Equity ETF 0.4 15 24 7.8 +5.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 19 7.5 +5.5
EGUS iShares ESG Aware MSCI USA Growth ETF 0.4 15 24 5.5 +3.6
SPDW SPDR Portfolio Developed World ex-US ETF 0.4 4 35 7.6 +5.6
XJH iShares ESG Screened S&P Mid-Cap ETF 0.4 12 27 8.5 +6.6
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.4 70 -31 4.0 +2.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.4 35 4 7.8 +5.9
VXUS Vanguard Total International Stock ETF 0.4 7 32 8.1 +6.2
EFA iShares MSCI EAFE ETF 0.4 32 7 7.7 +5.7
FDT First Trust Developed Markets ex-US Alphadex Fund 0.4 80 -41 11.3 +9.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.4 39 0 9.0 +7.1
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.4 15 24 9.0 +7.0
EZM WisdomTree U.S. MidCap Earnings Fund 0.4 38 1 12.2 +10.2
UMMA Wahed Dow Jones Islamic World ETF 0.4 65 -26 5.3 +3.3
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 19 7.4 +5.5
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.4 21 18 4.7 +2.8
FYX First Trust Small Cap Core AlphaDEX Fund 0.4 61 -22 9.3 +7.4
MDY SPDR S&P Midcap 400 ETF Trust 0.4 22 17 8.5 +6.6
BKES BNY Mellon Sustainable Global Emerging Markets ETF 0.4 11 28 5.1 +3.1
IGRO iShares International Dividend Growth ETF 0.4 15 24 9.4 +7.4
RDMX SPDR Bloomberg SASB Developed Markets EX US ESG Select ETF 0.4 12 27 7.6 +5.6
IVOO Vanguard S&P Mid-Cap 400 ETF 0.4 10 29 17.4 +15.4
IJH iShares Core S&P Mid-Cap ETF 0.4 5 34 8.7 +6.7
SPMD SPDR Portfolio Mid Cap ETF 0.4 5 34 8.7 +6.7
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.4 58 -19 13.3 +11.3
DWAS Invesco DWA SmallCap Momentum ETF 0.4 60 -21 2.2 +0.2
FIVA Fidelity International Value Factor ETF 0.4 39 0 11.3 +9.3
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 0.4 30 9 10.9 +9.0
EZU iShares MSCI Eurozone ETF 0.4 50 -11 7.4 +5.4
IMCB iShares Morningstar Mid-Cap ETF 0.4 4 35 7.4 +5.4
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.4 80 -41 12.5 +10.5
AVEM Avantis Emerging Markets Equity ETF 0.4 33 6 10.6 +8.6
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.4 4 35 7.4 +5.4
DWMF WisdomTree International Multifactor Fund 0.4 38 1 9.3 +7.4
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 0.4 35 4 9.4 +7.5
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 0.4 36 3 9.4 +7.4
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.4 49 -10 8.1 +6.1
ACWX iShares MSCI ACWI ex U.S. ETF 0.4 32 7 8.1 +6.1
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 19 7.9 +5.9
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 0 8.6 +6.6
YPS Arrow Reverse Cap 500 ETF 0.3 29 10 7.1 +5.1
SCHF Schwab International Equity ETF 0.3 6 33 8.2 +6.2
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.3 14 25 6.6 +4.6
IDHQ Invesco S&P International Developed Quality ETF 0.3 29 10 8.3 +6.3
IDU iShares U.S. Utilities ETF 0.3 39 0 5.8 +3.8
RESP WisdomTree US ESG Fund of Benef Interest 0.3 28 11 7.9 +6.0
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 0.3 35 4 9.1 +7.1
ISCV iShares Morningstar Small Cap Value ETF 0.3 6 33 9.0 +7.0
PXH Invesco FTSE RAFI Emerging Markets ETF 0.3 50 -11 13.6 +11.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 30 7.0 +5.0
BKIE BNY Mellon International Equity ETF 0.3 4 35 8.4 +6.4
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.3 25 14 7.4 +5.4
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.3 15 24 6.4 +4.4
SMDY Syntax Stratified MidCap ETF 0.3 35 4 8.5 +6.5
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 0.3 7 32 8.0 +6.0
HFXI IQ 50 Percent Hedged FTSE International ETF 0.3 20 19 8.1 +6.1
JPIN JPMorgan Diversified Return International Equity ETF 0.3 37 2 9.5 +7.6
NUDM Nuveen ESG International Developed Markets Equity ETF 0.3 30 9 8.6 +6.7
USXF iShares ESG Advanced MSCI USA ETF 0.3 10 29 6.4 +4.4
CN Xtrackers MSCI All China Equity ETF 0.3 50 -11 11.4 +9.4
FLDZ RiverNorth Volition America Patriot ETF 0.3 70 -31 7.3 +5.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.3 41 -2 8.2 +6.2
AVIV Avantis International Large Cap Value ETF 0.3 25 14 10.3 +8.3
JMOM JPMorgan U.S. Momentum Factor ETF 0.3 12 27 7.5 +5.5
DFSV Dimensional US Small Cap Value ETF 0.3 31 8 9.5 +7.5
BKF iShares MSCI BRIC ETF 0.3 70 -31 9.2 +7.2
DFAC Dimensional U.S. Core Equity 2 ETF 0.3 19 20 7.5 +5.5
ACWF iShares MSCI Global Multifactor ETF 0.3 35 4 9.8 +7.9
FSMD Fidelity Small-Mid Factor ETF 0.3 29 10 8.6 +6.7
CARZ First Trust NASDAQ Global Auto Index Fund 0.3 70 -31 6.6 +4.6
IQDG WisdomTree International Quality Dividend Growth Fund 0.3 42 -3 5.9 +3.9
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.3 15 24 9.2 +7.3
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.3 58 -19 5.9 +3.9
VEU Vanguard FTSE All-World ex-US Index Fund 0.3 7 32 8.3 +6.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.3 12 27 7.3 +5.3
PXUS Principal International Adaptive Multi-Factor ETF 0.3 24 15 7.7 +5.7
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.3 58 -19 6.5 +4.5
DIHP Dimensional International High Profitability ETF 0.3 29 10 9.0 +7.0
IWN iShares Russell 2000 Value ETF 0.3 23 16 6.7 +4.8
VSGX Vanguard ESG International Stock ETF 0.3 12 27 7.8 +5.9
ONEO SPDR Russell 1000 Momentum Focus ETF 0.3 20 19 9.3 +7.3
JHEM John Hancock Multifactor Emerging Markets ETF 0.3 49 -10 9.5 +7.5
GMF SPDR S&P Emerging Asia Pacific ETF 0.3 49 -10 7.9 +6.0
VTWV Vanguard Russell 2000 Value Index Fund 0.3 15 24 6.7 +4.7
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.3 29 10 10.1 +8.1
RESE WisdomTree Emerging Markets ESG Fund 0.3 32 7 8.9 +6.9
VT Vanguard Total World Stock ETF 0.3 7 32 7.3 +5.3
AVUS Avantis U.S. Equity ETF 0.3 15 24 7.8 +5.9
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.3 40 -1 9.6 +7.6
SPYG SPDR Portfolio S&P 500 Growth ETF 0.3 4 35 7.0 +5.1
IVW iShares S&P 500 Growth ETF 0.3 18 21 6.9 +4.9
VOOG Vanguard S&P 500 Growth ETF 0.3 10 29 7.0 +5.0
IUSG iShares Core S&P US Growth ETF 0.3 4 35 7.0 +5.1
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 0.3 20 19 7.2 +5.2
GWX SPDR S&P International Small Cap ETF 0.3 40 -1 6.1 +4.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.3 42 -3 6.6 +4.6
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.3 39 0 10.1 +8.1
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.3 32 7 7.1 +5.1
TOK iShares MSCI Kokusai ETF 0.3 25 14 7.0 +5.0
DWM WisdomTree International Equity Fund 0.3 48 -9 9.4 +7.4
XPND First Trust Expanded Technology ETF 0.3 65 -26 6.5 +4.6
AESR Anfield U.S. Equity Sector Rotation ETF 0.3 112 -73 5.8 +3.8
FDWM Fidelity Women's Leadership ETF 0.2 59 -20 6.4 +4.4
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.2 49 -10 6.3 +4.3
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 30 7.2 +5.2
DFAE Dimensional Emerging Core Equity Market ETF 0.2 35 4 9.4 +7.4
FNX First Trust Mid Cap Core AlphaDEX Fund 0.2 59 -20 9.6 +7.6
VWO Vanguard FTSE Emerging Markets ETF 0.2 8 31 8.8 +6.8
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 0.2 24 15 8.9 +6.9
URTH iShares MSCI World ETF 0.2 24 15 7.1 +5.1
BBCA JPMorgan BetaBuilders Canada ETF 0.2 19 20 8.9 +6.9
JIRE JPMorgan International Research Enhanced Equity ETF 0.2 24 15 7.8 +5.8
CWI SPDR MSCI ACWI ex-US ETF 0.2 30 9 8.1 +6.1
ESGU iShares MSCI USA ESG Optimized ETF 0.2 15 24 6.7 +4.7
FNK First Trust Mid Cap Value AlphaDEX Fund 0.2 70 -31 13.7 +11.8
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.2 95 -56 2.7 +0.7
FVAL Fidelity Value Factor ETF 0.2 29 10 10.1 +8.1
NULV Nuveen ESG Large-Cap Value ETF 0.2 25 14 8.6 +6.6
DFAU Dimensional US Core Equity Market ETF 0.2 12 27 6.9 +4.9
ACWI iShares MSCI ACWI ETF 0.2 32 7 7.2 +5.2
EMLP First Trust North American Energy Infrastructure Fund 0.2 95 -56 5.9 +3.9
JIDA JPMorgan ActiveBuilders International Equity ETF 0.2 25 14 7.6 +5.6
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 -50 6.7 +4.7
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.2 15 24 15.1 +13.2
IJK iShares S&P Mid-Cap 400 Growth ETF 0.2 17 22 7.6 +5.6
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.2 25 14 7.4 +5.4
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.2 15 24 7.6 +5.6
KALL KraneShares MSCI All China Index ETF 0.2 48 -9 11.5 +9.5
EEMA iShares MSCI Emerging Markets Asia ETF 0.2 50 -11 8.2 +6.2
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 30 6.5 +4.6
STXG Strive 1000 Growth ETF 0.2 18 21 5.8 +3.8
FQAL Fidelity Quality Factor ETF 0.2 29 10 7.8 +5.8
QQMG Invesco ESG NASDAQ 100 ETF 0.2 20 19 6.3 +4.3
IEMG iShares Core MSCI Emerging Markets ETF 0.2 9 30 8.7 +6.7
QQQ Invesco QQQ Trust 0.2 20 19 5.9 +3.9
QQQM Invesco NASDAQ 100 ETF 0.2 15 24 6.2 +4.2
BTHM BlackRock Future U.S. Themes ETF 0.2 60 -21 6.6 +4.6
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 -6 9.2 +7.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.2 15 24 9.3 +7.3
JHML John Hancock Multifactor Large Cap ETF 0.2 29 10 7.1 +5.2
FDRR Fidelity Dividend ETF for Rising Rates 0.2 29 10 9.8 +7.8
DXGE WisdomTree Germany Hedged Equity Fund 0.2 48 -9 10.5 +8.5
FEX First Trust Large Cap Core AlphaDEX Fund 0.2 59 -20 8.3 +6.3
EMXF iShares ESG Advanced MSCI EM ETF 0.2 16 23 9.6 +7.6
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.2 30 9 8.7 +6.7
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.2 25 14 8.2 +6.2
IWV iShares Russell 3000 ETF 0.2 20 19 6.4 +4.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.2 69 -30 7.7 +5.7
PBEE Invesco PureBeta FTSE Emerging Markets ETF 0.2 16 23 8.8 +6.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.2 36 3 8.6 +6.6
FPX First Trust US IPO Index Fund 0.2 57 -18 3.2 +1.2
SPEM SPDR Portfolio Emerging Markets ETF 0.2 11 28 8.7 +6.7
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 30 7.4 +5.4
SCHG Schwab U.S. Large-Cap Growth ETF 0.2 40 -1 5.2 +3.2
DLS WisdomTree International SmallCap Dividend Fund 0.2 58 -19 9.4 +7.4
KLDW Gavekal Knowledge Leaders Developed World ETF 0.2 75 -36 5.3 +3.3
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.2 30 9 10.3 +8.4
LDEM iShares ESG MSCI EM Leaders ETF 0.2 16 23 9.3 +7.3
VTHR Vanguard Russell 3000 Index Fund 0.2 10 29 6.5 +4.5
VTI Vanguard Total Stock Market Index Fund 0.2 3 36 6.5 +4.5
SCHB Schwab U.S. Broad Market ETF 0.2 3 36 6.6 +4.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 36 6.5 +4.5
ISMD Inspire Small/Mid Cap Impact ETF 0.2 48 -9 6.8 +4.8
VUG Vanguard Growth Index Fund 0.2 4 35 5.5 +3.5
AFLG First Trust Active Factor Large Cap ETF 0.2 55 -16 8.2 +6.2
FNDF Schwab Fundamental International Large Co. Index ETF 0.2 25 14 9.6 +7.6
FLAX Franklin FTSE Asia Ex Japan ETF 0.2 19 20 8.5 +6.5
ILCG iShares Morningstar Growth ETF 0.2 4 35 5.5 +3.5
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.2 42 -3 7.1 +5.1
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.2 60 -21 6.4 +4.4
AVSC Avantis U.S Small Cap Equity ETF 0.2 25 14 5.6 +3.6
SCHK Schwab 1000 Index ETF 0.2 5 34 6.7 +4.7
DFUS Dimensional U.S. Equity ETF 0.2 11 28 6.7 +4.8
IQIN IQ 500 International ETF 0.2 25 14 8.7 +6.7
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.2 66 -27 8.3 +6.4
SCHE Schwab Emerging Markets Equity ETF 0.2 11 28 8.7 +6.7
SPXN ProShares S&P 500 Ex-Financials ETF 0.2 27 12 6.5 +4.6
SPXV ProShares S&P 500 Ex-Health Care ETF 0.2 27 12 6.3 +4.3
EFV iShares MSCI EAFE Value ETF 0.2 35 4 10.3 +8.3
IYY iShares Dow Jones U.S. ETF 0.2 20 19 6.5 +4.6
IGF iShares Global Infrastructure ETF 0.2 40 -1 4.8 +2.8
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.2 20 19 8.6 +6.7
GII SPDR S&P Global Infrastructure ETF 0.2 40 -1 4.8 +2.8
IWD iShares Russell 1000 Value ETF 0.2 18 21 8.0 +6.0
EEM iShares MSCI Emerging Markets ETF 0.2 68 -29 8.3 +6.4
VONV Vanguard Russell 1000 Value Index Fund 0.2 8 31 8.1 +6.1
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 19 8.7 +6.7
IMTM iShares Edge MSCI Intl Momentum Factor ETF 0.2 30 9 8.5 +6.5
REMG SPDR Bloomberg SASB Emerging Markets ESG Select ETF 0.2 16 23 9.9 +7.9
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 0.2 45 -6 7.9 +5.9
XVV iShares ESG Screened S&P 500 ETF 0.2 8 31 6.7 +4.7
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.2 10 29 7.0 +5.0
BKEM BNY Mellon Emerging Markets Equity ETF 0.2 11 28 9.2 +7.2
IMCG iShares Morningstar Mid-Cap Growth ETF 0.2 6 33 5.5 +3.5
IWB iShares Russell 1000 ETF 0.2 15 24 6.6 +4.6
VONE Vanguard Russell 1000 ETF 0.2 8 31 6.7 +4.7
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 37 6.7 +4.7
IWF iShares Russell 1000 Growth ETF 0.2 18 21 6.1 +4.2
VONG Vanguard Russell 1000 Growth Index Fund 0.2 8 31 6.3 +4.3
PBUS Invesco PureBeta MSCI USA ETF 0.2 4 35 6.8 +4.8
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 36 6.8 +4.8
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 28 6.7 +4.7
SPXE ProShares S&P 500 Ex-Energy ETF 0.2 27 12 6.5 +4.6
SCHX Schwab U.S. Large-Cap ETF 0.2 3 36 6.7 +4.7
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 19 6.6 +4.6
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 28 7.1 +5.2
SCJ iShares MSCI Japan Small-Cap ETF 0.1 50 -11 6.9 +4.9
VOO VANGUARD S&P 500 ETF 0.1 3 36 6.9 +4.9
SPY SPDR S&P 500 ETF Trust 0.1 9 30 6.8 +4.8
IVV iShares Core S&P 500 ETF 0.1 3 36 6.9 +4.9
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 10 6.5 +4.6
SPLG SPDR Portfolio S&P 500 ETF 0.1 3 36 6.9 +4.9
LRGF iShares Edge MSCI Multifactor USA ETF 0.1 8 31 7.9 +5.9
SPTM SPDR Portfolio Total Stock Market ETF 0.1 3 36 7.0 +5.0
VOTE Engine No. 1 Transform 500 ETF 0.1 5 34 6.5 +4.5
RVRB Reverb ETF 0.1 30 9 6.7 +4.7
HLAL Wahed FTSE USA Shariah ETF 0.1 50 -11 6.4 +4.5
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 14 8.9 +7.0
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.1 17 22 8.7 +6.7
STRV Strive 500 ETF 0.1 5 34 6.6 +4.7
SUSA iShares MSCI USA ESG Select ETF 0.1 25 14 6.5 +4.6
OUSM ALPS O'Shares Russell Small Cap Quality Dividend ETF 0.1 48 -9 8.2 +6.2
RWK Invesco S&P MidCap 400 Revenue ETF 0.1 39 0 11.1 +9.1
DSI iShares MSCI KLD 400 Social ETF 0.1 25 14 6.7 +4.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 -20 11.8 +9.8
ITAN Sparkline Intangible Value ETF 0.1 50 -11 7.8 +5.8
DOL WisdomTree International LargeCap Dividend Fund 0.1 48 -9 9.6 +7.6
DFUV Dimensional US Marketwide Value ETF 0.1 23 16 9.5 +7.5
ILCV iShares Morningstar Value ETF 0.1 4 35 8.4 +6.4
JEMA JPMorgan Emerging Markets Equity Core ETF 0.1 39 0 8.0 +6.0
DEHP Dimensional Emerging Markets High Profitability ETF 0.1 41 -2 9.3 +7.3
NULG Nuveen ESG Large-Cap Growth ETF 0.1 25 14 5.3 +3.4
AFK VanEck Africa Index ETF 0.1 77 -38 11.6 +9.6
SCHV Schwab U.S. Large-Cap Value ETF 0.1 4 35 8.1 +6.2
XOUT GraniteShares XOUT U.S. Large Cap ETF 0.1 60 -21 6.2 +4.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 10 8.8 +6.8
IQSU IQ Candriam ESG US Equity ETF 0.1 9 30 6.3 +4.3
IETC iShares Evolved U.S. Technology ETF 0.1 18 21 6.0 +4.0
IWC iShares Micro-Cap ETF 0.1 60 -21 -4.6 -6.6
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -20 2.9 +0.9
FLFR Franklin FTSE France ETF 0.1 9 30 7.5 +5.6
SFY SoFi Select 500 ETF 0.1 0 39 6.9 +4.9
CFA VictoryShares US 500 Volatility Weighted Index ETF 0.1 35 4 7.7 +5.7
ESGE iShares ESG Aware MSCI EM ETF 0.1 25 14 8.9 +6.9
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 0.1 35 4 7.7 +5.7
QEFA SPDR MSCI EAFE Quality Mix ETF 0.1 30 9 7.8 +5.8
VV Vanguard Large-Cap Index Fund 0.1 4 35 6.7 +4.7
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 19 6.6 +4.6
RECS Columbia Research Enhanced Core ETF 0.1 15 24 7.8 +5.8
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 39 6.6 +4.6
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 15 9.3 +7.3
VLU SPDR S&P 1500 Value Tilt ETF 0.1 12 27 8.8 +6.8
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -26 7.9 +5.9
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 20 7.9 +5.9
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 32 6.7 +4.7
DUHP Dimensional US High Profitability ETF 0.1 22 17 9.0 +7.0
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.1 58 -19 8.6 +6.6
DFJ WisdomTree Japan SmallCap Dividend Fund 0.1 58 -19 8.2 +6.2
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 69 -30 11.9 +9.9
DFEV Dimensional Emerging Markets Value ETF 0.1 43 -4 13.9 +11.9
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 0 8.3 +6.3
DEM WisdomTree Emerging Markets High Dividend Fund 0.1 63 -24 15.9 +13.9
VFQY Vanguard U.S. Quality Factor ETF 0.1 13 26 9.1 +7.1
EMGF iShares MSCI Emerging Markets Multifactor ETF 0.1 45 -6 12.9 +10.9
JPXN iShares JPX-Nikkei 400 ETF 0.1 48 -9 8.9 +6.9
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.1 25 14 8.2 +6.3
VIGI Vanguard International Dividend Appreciation ETF 0.1 15 24 6.6 +4.7
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 0.1 15 24 6.6 +4.6
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 10 10.6 +8.6
EPS WisdomTree U.S. Earnings 500 Fund 0.1 8 31 8.3 +6.4
WKLY SoFi Weekly Dividend ETF 0.1 49 -10 9.4 +7.4
IDMO Invesco S&P International Developed Momentum ETF 0.1 25 14 9.5 +7.5
STXV Strive 1000 Value ETF 0.1 18 21 9.3 +7.4
XC WisdomTree Emerging Markets Ex-China Fund 0.0 32 7 7.7 +5.7
GSPY Gotham Enhanced 500 ETF 0.0 50 -11 7.1 +5.2
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.0 30 9 10.0 +8.0
VYMI Vanguard International High Dividend Yield ETF 0.0 22 17 11.3 +9.3
ROAM Hartford Multifactor Emerging Markets ETF 0.0 44 -5 13.3 +11.3
JUSA JPMorgan ActiveBuilders U.S. Large Cap Equity ETF 0.0 17 22 6.9 +4.9
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.0 25 14 8.3 +6.3
VPL Vanguard FTSE Pacific ETF 0.0 8 31 7.9 +5.9
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 9 7.6 +5.6
SUSL iShares ESG MSCI USA Leaders ETF 0.0 10 29 6.8 +4.8
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.0 10 29 6.8 +4.8
IUSV iShares Core S&P U.S. Value ETF 0.0 4 35 7.5 +5.5
VYM Vanguard High Dividend Yield Index ETF 0.0 6 33 8.8 +6.8
HKND Humankind US Stock ETF 0.0 11 28 8.4 +6.5
SQEW LeaderShares Equity Skew ETF 0.0 75 -36 6.5 +4.5
DEW WisdomTree Global High Dividend Fund 0.0 58 -19 11.0 +9.0
RWL Invesco S&P 500 Revenue ETF 0.0 39 0 7.9 +5.9
IPAC iShares Core MSCI Pacific ETF 0.0 9 30 7.6 +5.6
DTD WisdomTree U.S.Total Dividend Fund 0.0 28 11 8.3 +6.3
IMFL Invesco International Developed Dynamic Multifactor ETF 0.0 34 5 11.2 +9.2
FLJP Franklin FTSE Japan ETF 0.0 9 30 8.3 +6.3
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 24 7.2 +5.3
DIVB iShares Core Dividend 0.0 5 34 9.5 +7.6
FLJH Franklin FTSE Japan Hedged ETF 0.0 9 30 8.6 +6.7
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.0 28 11 7.2 +5.2
VDNI V-Shares US Leadership Diversity ETF 0.0 29 10 6.8 +4.9
HEDJ WisdomTree Europe Hedged Equity Fund 0.0 58 -19 9.7 +7.7
AVUV Avantis U.S. Small Cap Value ETF 0.0 25 14 11.9 +9.9

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

  2017 2018 2019 2020 2021 2022E 2023E
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
  2021 2022E 2023E
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 5.0 %
Divided by: Fwd. P/BV 2.1 x
Less: Expense ratio 39 bp
Equals: ALTAR Score 2.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.54 CATEGORY
AVERAGE		 1.48
 
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.