Fidelity Clean Energy ETF
ALTAR
Score™		 2.1% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 33.1x P/Sales
ratio		 1.0x
P/BV
ratio		 1.5x Div.
yield		 1.9%


  • 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) $41
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 December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
52.9% 52.9% -- -- -4.2%

Market Correlations
versus... Beta R-squared
S&P500 0.81 35%
MSCI EAFE 0.99 37%
MSCI Emg. Mkts. 1.03 46%

Technical Indicators
Recent close $21.21
30d moving avg. $20.38
Annualized volatility 28.7%
Short interest (ETF) 1.9%
Relative strength (RSI) 50

Liquidity measures
Avg. volume (thou.) 21
Turnover 1.1%
Bid/Ask (% of price) 0.26%
ADV underlying (mns) $5,178

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 573 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™: 2.1%


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 38.8 50 -11 0.7 -1.4
VCLN Virtus Duff & Phelps Clean Energy ETF 37.5 59 -20 3.8 +1.6
TAN Invesco Solar ETF 34.6 67 -28 5.0 +2.9
RNRG Global X Renewable Energy Producers ETF 34.2 66 -27 5.1 +3.0
PBD Invesco Global Clean Energy ETF 33.1 75 -36 0.7 -1.5
FAN First Trust Global Wind Energy ETF 32.7 60 -21 3.8 +1.7
CNRG State Street SPDR S&P Kensho Clean Power ETF 29.3 45 -6 1.5 -0.6
ACES ALPS Clean Energy ETF 29.2 55 -16 -2.5 -4.6
SMOG VanEck Low Carbon Energy ETF 24.2 61 -22 1.5 -0.7
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 23.8 58 -19 -1.9 -4.0
PBW Invesco WilderHill Clean Energy ETF 22.6 66 -27 -3.0 -5.2
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 19.0 79 -40 4.5 +2.4
ERTH Invesco MSCI Sustainable Future ETF 18.6 62 -23 3.1 +1.0
OCEN IQ Clean Oceans ETF 14.7 45 -6 5.0 +2.9
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 14.0 75 -36 6.7 +4.6
CCSO Carbon Collective Climate Solutions US Equity ETF 13.4 35 4 1.1 -1.0
CLNR IQ Cleaner Transport ETF 10.3 45 -6 4.9 +2.8
DTEC ALPS Disruptive Technologies ETF 8.2 50 -11 3.4 +1.3
AIPO Defiance AI & Power Infrastructure ETF 8.1 69 -30 1.0 -1.2
CCNR ALPS CoreCommodity Natural Resources ETF 7.2 39 0 7.8 +5.7
KGRN KraneShares MSCI China Clean Technology Index ETF 6.9 79 -40 0.3 -1.8
NETZ TCW Transform Systems ETF 6.6 75 -36 2.1 -0.0
SIMS State Street SPDR S&P Kensho Intelligent Structures ETF 6.5 45 -6 4.9 +2.8
HYDR Global X Hydrogen ETF 6.0 50 -11 -8.4 -10.5
VOLT Tema Electrification ETF 5.9 75 -36 3.3 +1.1
ITEQ BlueStar Israel Technology ETF 5.9 75 -36 1.4 -0.8
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 5.5 20 19 2.7 +0.6
FPX First Trust US Equity Opportunities ETF 5.4 61 -22 0.8 -1.3
PSCT Invesco S&P SmallCap Information Technology ETF 5.3 29 10 4.3 +2.1
POW VistaShares Electrification Supercycle ETF 4.7 75 -36 3.0 +0.9
DARP Grizzle Growth ETF 4.7 75 -36 2.1 -0.1
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 4.5 55 -16 6.1 +4.0
IQM Franklin Intelligent Machines ETF 4.4 50 -11 1.6 -0.6
PRN Invesco Dorsey Wright Industrials Momentum ETF 4.3 60 -21 1.5 -0.7
GGRW Gabelli Growth Innovators ETF 4.3 90 -51 1.8 -0.3
DRIV Global X Autonomous & Electric Vehicles ETF 4.3 68 -29 4.3 +2.2
GK AdvisorShares Gerber Kawasaki ETF 4.2 75 -36 2.0 -0.1
WBAT WisdomTree Battery Value Chain and Innovation Fund 3.8 45 -6 1.6 -0.5
XLI The Industrial Select Sector SPDR Fund 3.7 8 31 3.7 +1.6
FXN First Trust Energy AlphaDEX Fund 3.7 62 -23 13.5 +11.4
AIS VistaShares Artificial Intelligence Supercycle ETF 3.6 75 -36 2.0 -0.1
FIDU Fidelity MSCI Industrial Index ETF 3.6 8 31 3.8 +1.7
VIS Vanguard Industrials ETF 3.5 9 30 3.9 +1.7
FID First Trust S&P International Dividend Aristocrats ETF 3.5 60 -21 7.3 +5.2
LIVR Intelligent Livermore ETF 3.5 69 -30 3.0 +0.9
ZAP Global X U.S. Electrification ETF 3.3 50 -11 3.8 +1.7
FMTM MarketDesk Focused U.S. Momentum ETF 3.3 45 -6 3.4 +1.3
SCOW Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF 3.3 59 -20 8.9 +6.7
IVES Wedbush ETFMG Global Cloud Technology ETF 3.3 68 -29 4.9 +2.8
IPO Renaissance IPO ETF 3.3 60 -21 2.7 +0.6
FEUZ First Trust Eurozone AlphaDEX ETF 3.2 80 -41 6.6 +4.5
LOUP Innovator Deepwater Frontier Tech ETF 3.2 70 -31 0.7 -1.5
AFOS ARS Focused Opportunities Strategy ETF 3.1 45 -6 2.4 +0.3
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF 3.1 59 -20 4.4 +2.2
HAIL State Street SPDR S&P Kensho Smart Mobility ETF 3.1 45 -6 1.4 -0.7
NUKZ Range Nuclear Renaissance Index ETF 3.1 85 -46 1.0 -1.1
HAP VanEck Natural Resources ETF 3.0 50 -11 8.1 +6.0
GPT Intelligent Alpha Atlas ETF 3.0 69 -30 4.9 +2.8
ISRA VanEck Israel ETF 3.0 59 -20 6.0 +3.9
GRNY Fundstrat Granny Shots US Large Cap ETF 2.9 75 -36 2.4 +0.2
XSD State Street SPDR S&P Semiconductor ETF 2.9 35 4 3.5 +1.3
TRFM AAM Transformers ETF 2.8 49 -10 1.0 -1.1
WDIV SPDR S&P Global Dividend ETF 2.8 40 -1 8.4 +6.3
SNSR Global X Internet of Things ETF 2.8 68 -29 4.2 +2.1
DVLU First Trust Dorsey Wright Momentum & Value ETF 2.7 60 -21 5.3 +3.2
FDWM Fidelity Women's Leadership ETF 2.6 59 -20 4.2 +2.0
ETHO Etho Climate Leadership U.S. ETF 2.6 47 -8 4.9 +2.7
JSML Janus Henderson Small Cap Growth Alpha ETF 2.6 30 9 7.3 +5.2
SPIT F/m Emerald Special Situations ETF 2.5 105 -66 -0.9 -3.1
NUSC Nuveen ESG Small-Cap ETF 2.5 31 8 4.7 +2.6
BATT Amplify Lithium & Battery Technology ETF 2.5 59 -20 1.8 -0.4
HYP Golden Eagle Dynamic Hypergrowth ETF 2.5 85 -46 -1.1 -3.3
FGM First Trust Germany AlphaDEX Fund 2.5 80 -41 6.0 +3.9
FEP First Trust Europe AlphaDEX Fund 2.4 80 -41 7.0 +4.9
RAYD Rayliant Quantitative Developed Market Equity ETF 2.4 80 -41 4.5 +2.3
CAML Congress Large Cap Growth ETF 2.4 66 -27 2.5 +0.4
FNY First Trust Mid Cap Growth AlphaDEX Fund 2.4 70 -31 1.8 -0.4
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 2.4 60 -21 7.0 +4.9
COLO Global X MSCI Colombia ETF 2.4 62 -23 18.2 +16.1
FIDI Fidelity International High Dividend ETF 2.4 18 21 7.5 +5.3
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 2.3 58 -19 3.9 +1.7
LOGO Alpha Brands Consumption Leaders ETF 2.2 69 -30 2.5 +0.4
FESM Fidelity Enhanced Small Cap ETF 2.2 28 11 2.9 +0.8
PHO Invesco Water Resources ETF 2.2 60 -21 4.4 +2.3
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 2.2 29 10 4.2 +2.1
FXU First Trust Utilities AlphaDEX Fund 2.2 64 -25 5.4 +3.2
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.1 39 0 1.4 -0.8
NVIR Horizon Kinetics Energy and Remediation ETF 2.1 85 -46 6.1 +3.9
EFAS Global X MSCI SuperDividend EAFE ETF 2.1 57 -18 7.7 +5.5
DIV Global X SuperDividend US ETF 2.1 45 -6 10.9 +8.8
IMOM Alpha Architect International Quantitative Momentum ETF 2.1 49 -10 4.2 +2.0
IDOG ALPS International Sector Dividend Dogs ETF 2.1 50 -11 10.6 +8.5
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 2.1 59 -20 5.6 +3.5
PUI Invesco Dorsey Wright Utilities Momentum ETF 2.1 60 -21 4.6 +2.4
RBLD First Trust Alerian US NextGen Infrastructure ETF 2.1 65 -26 4.4 +2.3
GVIP Goldman Sachs Hedge Industry VIP ETF 2.1 45 -6 2.7 +0.6
NULG Nuveen ESG Large-Cap Growth ETF 2.0 26 13 2.7 +0.6
NUDM Nuveen ESG International Developed Markets Equity ETF 2.0 31 8 5.9 +3.7
VBK Vanguard Small-Cap Growth ETF 2.0 7 32 1.5 -0.6
FDLS Inspire Fidelis Multi Factor ETF 2.0 76 -37 4.2 +2.1
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 2.0 35 4 6.5 +4.4
WUGI AXS Esoterica NextG Economy ETF 1.9 75 -36 2.3 +0.2
FCA First Trust China AlphaDEX Fund 1.9 80 -41 9.0 +6.8
RSSL Global X Russell 2000 ETF 1.8 8 31 3.3 +1.2
FTC First Trust Large Cap Growth AlphaDEX Fund 1.8 59 -20 1.6 -0.5
REAI Intelligent Real Estate ETF 1.8 59 -20 14.7 +12.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.8 39 0 2.8 +0.7
XSMO Invesco S&P SmallCap Momentum ETF 1.7 39 0 4.1 +1.9
VIOV Vanguard S&P Small-Cap 600 Value ETF 1.7 10 29 9.0 +6.9
PSCI Invesco S&P SmallCap Industrials ETF 1.7 29 10 5.1 +3.0
NIXT Research Affiliates Deletions ETF 1.7 9 30 7.7 +5.6
AZTD Aztlan Global Stock Selection DM SMID ETF 1.7 75 -36 5.4 +3.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.7 64 -25 0.9 -1.2
ABFL Abacus FCF Leaders ETF 1.6 59 -20 3.8 +1.7
YNOT Horizon Digital Frontier ETF 1.6 75 -36 2.6 +0.4
VTWG Vanguard Russell 2000 Growth ETF 1.6 10 29 0.8 -1.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.6 39 0 4.5 +2.4
RDVY First Trust Rising Dividend Achievers ETF 1.6 50 -11 5.4 +3.3
XMHQ Invesco S&P MidCap Quality ETF 1.6 25 14 5.8 +3.6
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 1.6 20 19 3.7 +1.6
QQQS Invesco NASDAQ Future Gen 200 ETF 1.6 20 19 -4.9 -7.0
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 1.6 30 9 16.2 +14.0
BLES Inspire Global Hope ETF 1.6 61 -22 6.2 +4.1
FIW First Trust Water ETF 1.6 53 -14 4.5 +2.4
PSC Principal U.S. Small-Cap ETF 1.6 38 1 6.1 +4.0
SPGP Invesco S&P 500 GARP ETF 1.6 34 5 5.8 +3.6
VTWO Vanguard Russell 2000 ETF 1.6 7 32 3.4 +1.3
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.6 52 -13 5.6 +3.5
RSPT Invesco S&P 500 Equal Weight Technology ETF 1.6 40 -1 4.7 +2.5
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.5 39 0 -1.3 -3.4
TMFX Motley Fool Next Index ETF 1.5 50 -11 2.7 +0.6
VFMO Vanguard U.S. Momentum Factor ETF 1.5 13 26 2.6 +0.5
PTL Inspire 500 ETF 1.5 9 30 4.8 +2.7
VTWV Vanguard Russell 2000 Value ETF 1.5 10 29 6.1 +4.0
FFLC Fidelity Fundamental Large Cap Core ETF 1.5 38 1 3.9 +1.8
WWJD Inspire International ETF 1.5 80 -41 6.5 +4.4
IQSM IQ Candriam U.S. Mid Cap Equity ETF 1.5 15 24 5.4 +3.3
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.4 58 -19 7.5 +5.4
TCAI Tortoise AI Infrastructure ETF 1.4 65 -26 2.0 -0.2
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 1.4 15 24 4.8 +2.7
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 1.4 95 -56 -0.4 -2.6
ABLS Abacus FCF Small Cap Leaders ETF 1.4 59 -20 5.3 +3.2
FPWR First Trust EIP Power Solutions ETF 1.4 96 -57 4.7 +2.6
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 1.4 35 4 8.7 +6.5
QDF FlexShares Quality Dividend Index Fund 1.4 37 2 5.5 +3.3
IWFG IQ Winslow Focused Large Cap Growth ETF 1.3 65 -26 2.4 +0.3
SIXS ETC 6 Meridian Small Cap Equity ETF 1.3 89 -50 8.8 +6.7
SFYX SoFi Next 500 ETF 1.3 0 39 5.2 +3.0
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.3 15 24 4.0 +1.9
UIVM VictoryShares International Value Momentum ETF 1.3 35 4 7.7 +5.5
NULC Nuveen ESG Large-Cap ETF 1.3 21 18 4.5 +2.4
TAX Cambria Tax Aware ETF 1.3 49 -10 5.1 +3.0
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.3 60 -21 -0.9 -3.0
XMLV Invesco S&P MidCap Low Volatility ETF 1.3 25 14 6.9 +4.8
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.3 20 19 5.7 +3.6
FDMO Fidelity Momentum Factor ETF 1.2 15 24 3.1 +0.9
GINN Goldman Sachs Innovate Equity ETF 1.2 52 -13 3.3 +1.2
RGEF Rockefeller Global Equity ETF 1.2 55 -16 4.0 +1.9
FNX First Trust Mid Cap Core AlphaDEX Fund 1.2 60 -21 6.2 +4.0
LRGC AB US Large Cap Strategic Equities ETF 1.2 48 -9 3.8 +1.7
FDM First Trust Dow Jones Select MicroCap Index Fund 1.2 60 -21 7.4 +5.2
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 1.2 61 -22 6.0 +3.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.2 49 -10 6.3 +4.2
FSST Fidelity Sustainable U.S. Equity ETF 1.2 59 -20 3.6 +1.5
AIRR First Trust RBA American Industrial Renaissance ETF 1.2 70 -31 4.2 +2.0
VIOO Vanguard S&P Small-Cap 600 ETF 1.2 7 32 7.0 +4.8
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 1.2 3 36 7.0 +4.9
BKSE BNY Mellon US Small Cap Core Equity ETF 1.1 4 35 5.3 +3.2
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 1.1 49 -10 4.0 +1.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.1 12 27 4.4 +2.2
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.1 30 9 6.0 +3.8
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.1 65 -26 1.8 -0.3
IVOV Vanguard S&P Mid-Cap 400 Value ETF 1.1 10 29 8.1 +5.9
FIVA Fidelity International Value Factor ETF 1.1 18 21 8.2 +6.1
RZV Invesco S&P Smallcap 600 Pure Value ETF 1.1 35 4 9.3 +7.2
OAIM OneAscent International Equity ETF 1.1 95 -56 4.7 +2.6
ESIX State Street SPDR S&P SmallCap 600 ESG ETF 1.1 12 27 7.4 +5.3
PDP Invesco Dorsey Wright Momentum ETF 1.1 62 -23 1.5 -0.6
CRTC Xtrackers US National Critical Technologies ETF 1.1 35 4 4.2 +2.0
FEM First Trust Emerging Markets AlphaDEX Fund 1.0 80 -41 10.6 +8.4
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 1.0 60 -21 3.4 +1.3
BIBL Inspire 100 ETF 1.0 35 4 4.5 +2.4
STXM Strive Mid-Cap ETF 1.0 18 21 5.7 +3.5
VB Vanguard Small-Cap ETF 1.0 5 34 5.5 +3.3
SIXL ETC 6 Meridian Low Beta Equity ETF 1.0 80 -41 5.9 +3.7
AVSC Avantis U.S Small Cap Equity ETF 1.0 25 14 4.8 +2.7
DISV Dimensional International Small Cap Value ETF 1.0 42 -3 8.2 +6.1
ROE Astoria US Quality Kings ETF 1.0 49 -10 5.7 +3.5
HAPS Harbor Human Capital Factor US Small Cap ETF 1.0 60 -21 3.5 +1.4
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.0 65 -26 10.0 +7.8
IPAV Global X Infrastructure Development ex-U.S. ETF 1.0 55 -16 6.0 +3.9
BKMC BNY Mellon US Mid Cap Core Equity ETF 1.0 4 35 5.3 +3.2
CHGX AXS Change Finance ESG ETF 1.0 49 -10 4.5 +2.3
ISMD Inspire Small/Mid Cap ETF 1.0 54 -15 4.9 +2.8
WOMN Impact Shares YWCA Women's Empowerment ETF 0.9 75 -36 4.9 +2.8
TPSC Timothy Plan US Small Cap Core ETF 0.9 52 -13 6.4 +4.3
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.9 35 4 6.8 +4.7
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.9 15 24 5.0 +2.9
HGRO Hedgeye Quality Growth ETF 0.9 70 -31 3.0 +0.9
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.9 15 24 7.0 +4.9
VAMO Cambria Value & Momentum ETF 0.9 61 -22 5.6 +3.4
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.9 15 24 7.2 +5.0
FNDC Schwab Fundamental International Small Co. Index ETF 0.9 39 0 5.4 +3.3
PGJ Invesco Golden Dragon China ETF 0.9 70 -31 12.0 +9.9
USMF WisdomTree U.S. Multifactor Fund 0.9 28 11 6.5 +4.3
SLYV State Street SPDR S&P 600 Small Cap Value ETF 0.9 15 24 9.1 +6.9
NZUS State Street SPDR MSCI USA Climate Paris Aligned ETF 0.9 10 29 3.6 +1.5
SQLV Royce Quant Small-Cap Quality Value ETF 0.9 60 -21 8.8 +6.6
JOET Virtus Terranova US Quality Momentum ETF 0.9 29 10 4.3 +2.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.9 20 19 5.0 +2.8
QGRW WisdomTree U.S. Quality Growth Fund 0.9 28 11 3.3 +1.2
GRPZ Invesco S&P SmallCap 600 GARP ETF 0.9 35 4 6.8 +4.6
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.9 40 -1 4.4 +2.2
AVDS Avantis International Small Cap Equity ETF 0.8 30 9 6.1 +4.0
AFMC First Trust Active Factor Mid Cap ETF 0.8 65 -26 7.2 +5.1
BFOR ALPS Barron's 400 ETF 0.8 65 -26 5.1 +3.0
ICPY Tweedy, Browne International Insider Value ETF 0.8 80 -41 10.2 +8.0
DFIS Dimensional International Small Cap ETF 0.8 39 0 6.4 +4.3
AVMC Avantis U.S. Mid Cap Equity ETF 0.8 18 21 6.1 +4.0
SGLC SGI U.S. Large Cap Core ETF 0.8 85 -46 3.3 +1.2
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.8 25 14 7.2 +5.0
VXF Vanguard Extended Market ETF 0.8 5 34 4.0 +1.9
SCHA Schwab U.S. Small-Cap ETF 0.8 4 35 5.1 +3.0
DFAS Dimensional U.S. Small Cap ETF 0.8 26 13 6.0 +3.9
FEX First Trust Large Cap Core AlphaDEX Fund 0.8 59 -20 5.2 +3.0
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.8 24 15 7.5 +5.4
OEI Optimized Equity Income ETF 0.8 75 -36 3.2 +1.1
TPIF Timothy Plan International ETF 0.8 62 -23 5.5 +3.4
HLAL Wahed FTSE USA Shariah ETF 0.8 50 -11 3.9 +1.8
DSMC Distillate Small/Mid Cash Flow ETF 0.8 55 -16 11.8 +9.7
AVSD Avantis Responsible International Equity ETF 0.8 23 16 4.7 +2.6
GVAL Cambria Global Value ETF 0.8 68 -29 9.6 +7.5
MGK Vanguard Mega Cap Growth ETF 0.7 7 32 3.3 +1.2
JGRO JPMorgan Active Growth ETF 0.7 44 -5 2.9 +0.7
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.7 12 27 3.6 +1.5
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.7 80 -41 9.8 +7.7
JMOM JPMorgan U.S. Momentum Factor ETF 0.7 12 27 3.9 +1.8
XSLV Invesco S&P SmallCap Low Volatility ETF 0.7 25 14 7.9 +5.8
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.7 65 -26 7.2 +5.1
SCHC Schwab International Small-Cap Equity ETF 0.7 11 28 6.9 +4.8
JQUA JPMorgan U.S. Quality Factor ETF 0.7 12 27 5.1 +3.0
OPTZ Optimize Strategy Index ETF 0.7 50 -11 4.3 +2.2
GVLU Gotham 1000 Value ETF 0.7 50 -11 8.5 +6.3
STXK Strive Small-Cap ETF 0.7 18 21 5.5 +3.4
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.7 8 31 6.6 +4.5
EQAL Invesco Russell 1000 Equal Weight ETF 0.7 20 19 6.5 +4.4
FSGS First Trust SMID Growth Strength ETF 0.7 60 -21 4.5 +2.4
FFOG Franklin Focused Growth ETF 0.7 61 -22 1.9 -0.2
RNSC Furst Trust Small Cap US Equity Select ETF 0.7 60 -21 4.5 +2.3
ICAP InfraCap Equity Income Fund ETF 0.7 171 -132 3.9 +1.8
DFSI Dimensional International Sustainability Core 1 ETF 0.7 24 15 5.6 +3.5
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.7 24 15 6.7 +4.6
JHSC John Hancock Multifactor Small Cap ETF 0.7 42 -3 6.0 +3.9
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.7 42 -3 8.7 +6.6
SRVR Pacer Data & Infrastructure Real Estate ETF 0.7 55 -16 4.3 +2.2
NACP Impact Shares NAACP Minority Empowerment ETF 0.7 49 -10 4.1 +1.9
COPY Tweedy, Browne Insider + Value ETF 0.7 80 -41 10.5 +8.4
JHMM John Hancock Multifactor Mid Cap ETF 0.7 42 -3 5.6 +3.4
SHE State Street SPDR MSCI USA Gender Diversity ETF 0.7 20 19 4.6 +2.5
AFSM First Trust Active Factor Small Cap ETF 0.7 75 -36 6.8 +4.6
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.7 58 -19 5.0 +2.9
FBCG Fidelity Blue Chip Growth ETF 0.7 59 -20 2.2 +0.1
SPYG State Street SPDR Portfolio S&P 500 Growth ETF 0.7 4 35 3.3 +1.1
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.7 80 -41 8.9 +6.7
EES WisdomTree U.S. SmallCap Fund 0.7 38 1 7.9 +5.8
VUG Vanguard Growth ETF 0.7 4 35 3.3 +1.1
MDY SPDR S&P Midcap 400 ETF Trust 0.6 24 15 6.3 +4.1
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.6 12 27 3.4 +1.3
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 0.6 60 -21 5.2 +3.0
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.6 10 29 5.0 +2.8
ESGG FlexShares STOXX Global ESG Select Index Fund 0.6 42 -3 4.7 +2.6
VFMF Vanguard U.S. Multifactor ETF 0.6 18 21 6.9 +4.7
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.6 25 14 4.2 +2.1
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 0.6 75 -36 2.3 +0.1
VPU Vanguard Utilities ETF 0.6 9 30 5.0 +2.9
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.6 45 -6 3.6 +1.4
VIDI Vident International Equity Strategy ETF 0.6 61 -22 9.5 +7.4
HAPI Harbor Human Capital Factor US Large Cap ETF 0.6 36 3 4.3 +2.1
FUTY Fidelity MSCI Utilities Index ETF 0.6 8 31 5.0 +2.9
UEVM VictoryShares Emerging Markets Value Momentum ETF 0.6 45 -6 9.7 +7.6
AVDV Avantis International Small Cap Value ETF 0.6 36 3 8.0 +5.8
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.6 60 -21 4.3 +2.1
IVOO Vanguard S&P Mid-Cap 400 ETF 0.6 7 32 6.5 +4.3
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.6 3 36 6.5 +4.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.6 39 0 8.9 +6.8
VOOG Vanguard S&P 500 Growth ETF 0.6 7 32 3.3 +1.2
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.6 90 -51 4.7 +2.6
BRIF FIS Bright Portfolios Focused Equity ETF 0.6 65 -26 3.9 +1.8
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.6 9 30 4.2 +2.1
FCPI Fidelity Stocks for Inflation ETF 0.6 15 24 6.9 +4.8
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.6 9 30 3.6 +1.5
AVUQ Avantis U.S. Quality ETF 0.6 15 24 3.6 +1.4
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.6 15 24 6.5 +4.4
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.6 14 25 5.6 +3.5
VONG Vanguard Russell 1000 Growth ETF 0.6 7 32 3.5 +1.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 30 5.5 +3.4
NORW Global X MSCI Norway ETF 0.6 50 -11 9.6 +7.4
MCH Matthews China Active ETF 0.6 79 -40 12.7 +10.6
AVDE Avantis International Equity ETF 0.6 23 16 6.5 +4.4
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.6 52 -13 5.1 +2.9
QINT American Century Quality Diversified International ETF 0.6 39 0 6.3 +4.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.6 7 32 5.2 +3.0
FTRI First Trust Indxx Global Natural Resources Income ETF 0.6 70 -31 6.9 +4.8
PRXG Praxis Impact Large Cap Growth ETF 0.6 36 3 2.8 +0.7
OBOR KraneShares MSCI One Belt One Road Index ETF 0.6 79 -40 7.4 +5.2
KRMA Global X Conscious Companies ETF 0.6 43 -4 5.3 +3.1
WCEO Hypatia Women CEO ETF 0.6 85 -46 3.0 +0.8
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.6 72 -33 -1.3 -3.4
TTAI FCF International Quality ETF 0.6 59 -20 6.4 +4.3
XMAG Defiance Large Cap ex-Mag 7 ETF 0.6 35 4 4.6 +2.4
CIL VictoryShares International Volatility Wtd ETF 0.6 45 -6 5.8 +3.7
QDEF FlexShares Quality Dividend Defensive Index Fund 0.5 37 2 5.3 +3.2
DIM WisdomTree International MidCap Dividend Fund 0.5 58 -19 6.6 +4.4
AVES Avantis Emerging Markets Value ETF 0.5 36 3 9.7 +7.6
FSMD Fidelity Small-Mid Multifactor ETF 0.5 15 24 6.3 +4.1
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.5 19 20 5.5 +3.3
STXG Strive 1000 Growth ETF 0.5 18 21 3.2 +1.0
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.5 29 10 7.3 +5.2
AVUS Avantis U.S. Equity ETF 0.5 15 24 5.0 +2.9
DTH WisdomTree International High Dividend Fund 0.5 58 -19 7.5 +5.4
VGK Vanguard FTSE Europe ETF 0.5 6 33 6.5 +4.3
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.5 35 4 3.2 +1.0
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.5 15 24 4.2 +2.1
SFLO VictoryShares Small Cap Free Cash Flow ETF 0.5 49 -10 10.0 +7.8
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.5 80 -41 7.7 +5.5
SPEU SPDR Portfolio Europe ETF 0.5 7 32 6.4 +4.3
TCHI iShares MSCI China Multisector Tech ETF 0.5 59 -20 15.0 +12.9
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.5 46 -7 6.0 +3.9
RCGE RockCreek Global Equality ETF 0.5 95 -56 6.1 +4.0
DFIC Dimensional International Core Equity 2 ETF 0.5 23 16 6.5 +4.3
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.5 45 -6 6.1 +4.0
IQSI IQ Candriam International Equity ETF 0.5 15 24 5.7 +3.6
DFNV Donoghue Forlines Innovation ETF 0.5 69 -30 3.6 +1.5
DSPY Tema S&P 500 Historical Weight ETF 0.5 18 21 4.5 +2.4
BOUT Innovator IBD Breakout Opportunities ETF 0.5 81 -42 4.9 +2.7
FLEE Franklin FTSE Europe ETF 0.5 9 30 6.3 +4.2
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.5 14 25 4.2 +2.1
SPXT ProShares S&P 500 Ex-Technology ETF 0.5 9 30 4.9 +2.8
DXUV Dimensional US Vector Equity ETF 0.5 28 11 5.4 +3.2
GWX SPDR S&P International Small Cap ETF 0.5 40 -1 6.1 +3.9
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.5 24 15 6.6 +4.5
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.5 75 -36 3.3 +1.2
DTAN Sparkline International Intangible Value ETF 0.5 55 -16 7.4 +5.3
DFAI Dimensional International Core Equity Market ETF 0.5 18 21 6.2 +4.0
BBEU JPMorgan BetaBuilders Europe ETF 0.5 9 30 6.3 +4.2
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.4 20 19 5.9 +3.8
ITAN Sparkline Intangible Value ETF 0.4 50 -11 5.7 +3.6
FNDA Schwab Fundamental US Small Co. Index ETF 0.4 25 14 7.0 +4.9
EZM WisdomTree U.S. MidCap Fund 0.4 38 1 7.8 +5.7
CATH Global X S&P 500 Catholic Values Custom ETF 0.4 29 10 4.0 +1.9
DXIV Dimensional International Vector Equity ETF 0.4 34 5 6.8 +4.6
AIEQ AI Powered Equity ETF 0.4 75 -36 4.1 +1.9
DIVI Franklin International Core Dividend Tilt Index ETF 0.4 9 30 7.0 +4.9
SPXN ProShares S&P 500 Ex-Financials ETF 0.4 9 30 4.1 +2.0
PPIE Putnam PanAgora ESG International Equity ETF 0.4 49 -10 7.0 +4.9
SFY SoFi Select 500 ETF 0.4 0 39 3.8 +1.7
OALC OneAscent Large Cap Core ETF 0.4 86 -47 3.4 +1.3
AVMV Avantis U.S. Mid Cap Value ETF 0.4 20 19 7.7 +5.6
DFUS Dimensional U.S. Equity ETF 0.4 9 30 4.2 +2.0
SCHM Schwab U.S. Mid-Cap ETF 0.4 4 35 6.2 +4.1
VTI Vanguard Total Stock Market ETF 0.4 3 36 4.2 +2.1
EELV Invesco S&P Emerging Markets Low Volatility ETF 0.4 29 10 8.1 +6.0
MJSC MUFG Japan Small Cap Active ETF 0.4 85 -46 5.4 +3.3
FTEC Fidelity MSCI Information Technology Index ETF 0.4 8 31 3.2 +1.1
VTHR Vanguard Russell 3000 ETF 0.4 7 32 4.2 +2.1
VGT Vanguard Information Technology ETF 0.4 9 30 3.2 +1.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.4 9 30 4.9 +2.8
EBI Longview Advantage ETF 0.4 35 4 5.9 +3.7
DON WisdomTree U.S. MidCap Dividend Fund 0.4 38 1 8.4 +6.3
CHRI Global X S&P 500 Christian Values ETF 0.4 29 10 4.0 +1.8
KOKU Xtrackers MSCI Kokusai Equity ETF 0.4 9 30 4.6 +2.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.4 11 28 4.3 +2.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.4 2 37 4.3 +2.2
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.4 32 7 4.3 +2.2
SPXV ProShares S&P 500 Ex-Health Care ETF 0.4 9 30 4.1 +1.9
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.4 20 19 5.5 +3.4
TOV JLens 500 Jewish Advocacy U.S. ETF 0.4 18 21 4.0 +1.9
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.4 3 36 4.4 +2.3
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.4 30 9 6.7 +4.6
SPDW SPDR Portfolio Developed World ex-US ETF 0.4 3 36 6.1 +4.0
SSPY Syntax Stratified LargeCap ETF 0.4 30 9 6.1 +3.9
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.4 25 14 4.8 +2.6
VOTE TCW Transform 500 ETF 0.4 5 34 4.3 +2.1
DFSV Dimensional US Small Cap Value ETF 0.4 31 8 9.6 +7.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.4 39 0 5.9 +3.8
MGC Vanguard Mega Cap ETF 0.4 7 32 4.0 +1.8
VOT Vanguard Mid-Cap Growth ETF 0.4 7 32 3.0 +0.9
SPXE ProShares S&P 500 Ex-Energy ETF 0.4 9 30 4.1 +2.0
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.4 20 19 4.0 +1.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 17 22 4.8 +2.7
CALF Pacer US Small Cap Cash Cows 100 ETF 0.4 59 -20 9.3 +7.2
VEA Vanguard FTSE Developed Markets ETF 0.4 3 36 6.2 +4.1
VOO Vanguard S&P 500 ETF 0.4 3 36 4.3 +2.2
VT Vanguard Total World Stock ETF 0.4 6 33 5.2 +3.0
SPY SPDR S&P 500 ETF 0.4 9 30 4.2 +2.1
SPYM State Street SPDR Portfolio S&P 500 ETF 0.4 2 37 4.3 +2.2
STRV Strive 500 ETF 0.4 5 34 4.2 +2.0
CFA VictoryShares US 500 Volatility Wtd ETF 0.4 35 4 5.4 +3.3
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.4 40 -1 5.3 +3.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.4 30 9 3.9 +1.7
BKLC BNY Mellon US Large Cap Core Equity ETF 0.4 0 39 4.3 +2.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.4 36 3 6.0 +3.8
SFTY Horizon Managed Risk ETF 0.3 77 -38 3.5 +1.4
STOX Horizon Core Equity ETF 0.3 70 -31 3.6 +1.5
BUZZ VanEck Social Sentiment ETF 0.3 75 -36 -0.8 -2.9
AVIV Avantis International Large Cap Value ETF 0.3 25 14 7.6 +5.4
RVRB Reverb ETF 0.3 30 9 4.0 +1.9
VONE Vanguard Russell 1000 ETF 0.3 7 32 4.3 +2.2
VV Vanguard Large-Cap ETF 0.3 4 35 4.2 +2.1
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.3 47 -8 8.6 +6.5
GXLC Global X U.S. 500 ETF 0.3 2 37 4.2 +2.0
DCOR Dimensional US Core Equity 1 ETF 0.3 14 25 4.7 +2.6
DFAU Dimensional US Core Equity Market ETF 0.3 12 27 4.4 +2.3
EIPX FT Energy Income Partners Strategy ETF 0.3 95 -56 7.4 +5.3
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 21 4.6 +2.5
RAUS RACWI US ETF 0.3 15 24 4.2 +2.1
HFXI IQ FTSE International Equity Currency Neutral ETF 0.3 20 19 6.1 +4.0
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.3 12 27 6.6 +4.5
GXC SPDR S & P China ETF 0.3 59 -20 14.6 +12.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.3 7 32 4.2 +2.1
AVLV Avantis U.S. Large Cap Value ETF 0.3 15 24 6.8 +4.6
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 19 6.0 +3.8
FYC First Trust Small Cap Growth AlphaDEX Fund 0.3 71 -32 -1.3 -3.5
SCHF Schwab International Equity ETF 0.3 6 33 6.3 +4.2
DFUV Dimensional US Marketwide Value ETF 0.3 22 17 6.6 +4.4
SPXM Azoria 500 Meritocracy ETF 0.3 47 -8 3.9 +1.8
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.3 9 30 4.6 +2.5
JHMD John Hancock Multifactor Developed International ETF 0.3 39 0 6.6 +4.5
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 0.3 15 24 7.9 +5.8
VXUS Vanguard Total International Stock ETF 0.3 5 34 6.9 +4.8
DOL WisdomTree International LargeCap Dividend Fund 0.3 48 -9 6.2 +4.1
DWM WisdomTree International Equity Fund 0.3 48 -9 6.5 +4.3
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.3 40 -1 6.5 +4.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 0 6.9 +4.8
LVHI Franklin International Low Volatility High Dividend Index ET 0.3 40 -1 9.3 +7.1
VBR Vanguard Small Cap Value ETF 0.3 7 32 8.2 +6.0
BKIE BNY Mellon International Equity ETF 0.3 4 35 6.1 +4.0
AVSU Avantis Responsible U.S. Equity ETF 0.3 15 24 5.1 +3.0
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.3 32 7 11.3 +9.2
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 22 6.2 +4.0
ACVF American Conservative Values ETF 0.3 75 -36 3.7 +1.6
JHML John Hancock Multifactor Large Cap ETF 0.3 29 10 4.7 +2.6
VSGX Vanguard ESG International Stock ETF 0.3 10 29 6.8 +4.7
APUE ActivePassive U.S. Equity ETF 0.3 45 -6 4.0 +1.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.3 41 -2 6.6 +4.4
DEW WisdomTree Global High Dividend Fund 0.3 58 -19 7.7 +5.6
CWI SPDR MSCI ACWI ex-US ETF 0.2 30 9 6.6 +4.4
DFLV Dimensional US Large Cap Value ETF 0.2 22 17 6.7 +4.5
DFAT Dimensional U.S. Targeted Value ETF 0.2 28 11 9.2 +7.1
XLK The Technology Select Sector SPDR Fund 0.2 8 31 3.6 +1.4
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.2 15 24 5.0 +2.9
FLCH Franklin FTSE China ETF 0.2 19 20 14.2 +12.1
VEU Vanguard FTSE All-World ex-US Index Fund 0.2 4 35 7.0 +4.8
EPS WisdomTree U.S. LargeCap Fund 0.2 8 31 5.0 +2.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.2 18 21 6.6 +4.5
VYMI Vanguard International High Dividend Yield ETF 0.2 17 22 8.3 +6.2
FMDE Fidelity Enhanced Mid Cap ETF 0.2 23 16 5.3 +3.1
AVEM Avantis Emerging Markets Equity ETF 0.2 33 6 7.4 +5.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.2 29 10 5.7 +3.6
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 19 6.0 +3.9
DFE WisdomTree Europe SmallCap Dividend Fund 0.2 58 -19 7.3 +5.2
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.2 25 14 6.5 +4.3
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.2 19 20 5.2 +3.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 -6 7.6 +5.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.2 21 18 3.1 +1.0
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 0 8.5 +6.3
QLC FlexShares US Quality Large Cap Index Fund 0.2 25 14 4.6 +2.4
DFIV Dimensional International Value ETF 0.2 27 12 8.2 +6.0
FNDF Schwab Fundamental International Large Co. Index ETF 0.2 25 14 8.3 +6.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.2 38 1 7.7 +5.5
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.2 10 29 5.2 +3.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.2 42 -3 5.7 +3.6
VALQ American Century U.S. Quality Value ETF 0.2 29 10 6.9 +4.8
JVAL JPMorgan U.S. Value Factor ETF 0.2 12 27 7.1 +4.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.2 59 -20 7.7 +5.6
FNK First Trust Mid Cap Value AlphaDEX Fund 0.2 70 -31 9.7 +7.6
SCHV Schwab U.S. Large-Cap Value ETF 0.2 4 35 6.0 +3.9
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.2 30 9 6.1 +4.0
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.2 19 20 4.9 +2.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.2 35 4 5.8 +3.7
DFEV Dimensional Emerging Markets Value ETF 0.2 43 -4 10.6 +8.5
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 9 5.2 +3.1
DAK Dakota Active Equity ETF 0.2 43 -4 3.8 +1.6
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.2 25 14 6.3 +4.2
TTAC FCF US Quality ETF 0.2 59 -20 4.9 +2.8
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 -26 7.2 +5.1
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.2 80 -41 6.9 +4.8
HDUS Hartford Disciplined US Equity ETF 0.2 19 20 5.0 +2.9
GMF SPDR S&P Emerging Asia Pacific ETF 0.2 49 -10 8.4 +6.3
VO Vanguard Mid-Cap ETF 0.1 4 35 5.4 +3.3
VEGN US Vegan Climate ETF 0.1 60 -21 3.8 +1.7
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 30 4.1 +2.0
PXH Invesco FTSE RAFI Emerging Markets ETF 0.1 49 -10 13.8 +11.6
GEW Cambria Global EW ETF 0.1 29 10 5.4 +3.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.1 18 21 7.1 +5.0
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -50 4.3 +2.2
GXPT Global X PureCap MSCI Information Technology ETF 0.1 25 14 3.3 +1.2
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 0.1 9 30 8.3 +6.1
FENI Fidelity Enhanced International ETF 0.1 28 11 5.7 +3.6
DLN WisdomTree U.S. LargeCap Dividend Fund 0.1 28 11 5.4 +3.2
VFQY Vanguard U.S. Quality Factor ETF 0.1 13 26 5.4 +3.3
DTD WisdomTree U.S. Total Dividend Fund 0.1 28 11 5.7 +3.6
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 27 5.9 +3.7
SCHB Schwab U.S. Broad Market ETF 0.1 3 36 4.3 +2.2
IMFL Invesco International Developed Dynamic Multifactor ETF 0.1 34 5 5.2 +3.0
DFAE Dimensional Emerging Core Equity Market ETF 0.1 35 4 7.6 +5.4
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 -19 8.7 +6.6
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 21 6.0 +3.9
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 14 8.9 +6.8
DFVX Dimensional US Large Cap Vector ETF 0.1 22 17 5.4 +3.3
FYX First Trust Small Cap Core AlphaDEX Fund 0.1 61 -22 5.3 +3.1
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 32 9.4 +7.2
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 10 5.5 +3.4
GSPY Gotham Enhanced 500 ETF 0.1 50 -11 4.5 +2.4
QGRO American Century U.S. Quality Growth ETF 0.1 29 10 3.1 +0.9
ZSB USCF Sustainable Battery Metals Strategy Fund 0.1 61 -22 4.7 +2.6
GLBL Pacer MSCI World Industry Advantage ETF 0.1 65 -26 3.5 +1.4
SCHK Schwab 1000 Index ETF 0.1 5 34 4.3 +2.2
VONV Vanguard Russell 1000 Value ETF 0.1 7 32 5.9 +3.7
VWO Vanguard FTSE Emerging Markets ETF 0.1 7 32 9.2 +7.0
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.1 20 19 9.4 +7.3
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.1 41 -2 7.2 +5.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 3 8.1 +6.0
AVSE Avantis Responsible Emerging Markets Equity ETF 0.1 33 6 7.1 +5.0
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 29 5.0 +2.9
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 -19 7.4 +5.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.1 45 -6 8.6 +6.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 6 8.3 +6.2
VPL Vanguard FTSE Pacific ETF 0.1 7 32 6.0 +3.8
DIHP Dimensional International High Profitability ETF 0.1 29 10 5.9 +3.8
SCHE Schwab Emerging Markets Equity ETF 0.1 11 28 9.6 +7.5
FLAX Franklin FTSE Asia Ex Japan ETF 0.1 19 20 7.6 +5.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.1 10 29 4.2 +2.1
SCHX Schwab U.S. Large-Cap ETF 0.1 3 36 4.3 +2.2
AFLG First Trust Active Factor Large Cap ETF 0.1 55 -16 5.5 +3.3
GII SPDR S&P Global Infrastructure ETF 0.1 40 -1 4.4 +2.3
STXV Strive 1000 Value ETF 0.1 18 21 7.3 +5.2
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 24 8.6 +6.5
DEM WisdomTree Emerging Markets High Dividend Fund 0.1 63 -24 12.0 +9.9
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 0 6.0 +3.9
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 19 4.4 +2.3
FELC Fidelity Enhanced Large Cap Core ETF 0.1 18 21 4.5 +2.4
JHEM John Hancock Multifactor Emerging Markets ETF 0.1 49 -10 8.4 +6.3
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 28 8.1 +6.0
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 14 6.5 +4.4
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 67 -28 9.0 +6.9
ROUS Hartford Multifactor US Equity ETF 0.1 19 20 6.1 +4.0
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.1 33 6 7.0 +4.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -27 7.9 +5.7
VOOV Vanguard S&P 500 Value ETF 0.0 7 32 5.6 +3.5
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.0 53 -14 6.2 +4.1
QVML Invesco S&P 500 QVM Multi-factor ETF 0.0 11 28 4.4 +2.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 0.0 30 9 8.2 +6.1
EEMO Invesco S&P Emerging Markets Momentum ETF 0.0 29 10 7.1 +4.9
EMLP First Trust North American Energy Infrastructure Fund 0.0 95 -56 5.7 +3.5
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.0 20 19 7.4 +5.3
FELG Fidelity Enhanced Large Cap Growth ETF 0.0 18 21 3.7 +1.6
PBUS Invesco MSCI USA ETF 0.0 4 35 4.2 +2.1
MODL VictoryShares WestEnd U.S. Sector ETF 0.0 42 -3 4.0 +1.8
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.0 32 7 7.1 +5.0
IUS Invesco RAFI Strategic US ETF 0.0 19 20 6.1 +4.0
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.0 30 9 7.7 +5.5
VFMV Vanguard U.S. Minimum Volatility ETF 0.0 13 26 5.4 +3.2
REVS Columbia Research Enhanced Value ETF 0.0 19 20 7.0 +4.9
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.0 50 -11 9.5 +7.4
RWL Invesco S&P 500 Revenue ETF 0.0 39 0 6.1 +3.9
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 14 6.5 +4.4
VFVA Vanguard U.S. Value Factor ETF 0.0 13 26 9.6 +7.5
RECS Columbia Research Enhanced Core ETF 0.0 15 24 5.1 +2.9
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.0 15 24 6.7 +4.6
VYM Vanguard High Dividend Yield Index ETF 0.0 6 33 6.4 +4.3
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 -10 4.8 +2.6
TRUT VanEck Technology TruSector ETF 0.0 13 26 3.6 +1.5

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 1.5 x
Less: Expense ratio 39 bp
Equals: ALTAR Score 2.1 %
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.