Fidelity Clean Energy ETF
ALTAR
Score™		 2.0% info Recommen-
dation		 UNDERWEIGHT
2022E    2023E
P/E
ratio		 35.9x P/Sales
ratio		 1.2x
P/BV
ratio		 2.1x Div.
yield		 1.5%


  • 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) $23
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
ENPHASE ENERGY INC 4.7 %
DONG ENERGY A/S 4.1 %
VESTAS WIND SYSTEMS A/S 3.8 %
XINYI SOLAR HOLDINGS LTD 3.1 %
NORTHLAND POWER INC 3.1 %
FIRST SOLAR INC 3.1 %
CHINA LONGYUAN POWER GROUP-H 3.0 %
OEST ELEKTRIZITATSWIRTS-A 2.9 %
EDP RENOVAVEIS SA 2.8 %
DRAX GROUP PLC 2.8 %
Total 33.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 29.9 %
CHINA 13.1 %
CANADA 12.4 %
DENMARK 7.8 %
SPAIN 7.1 %
GERMANY 6.0 %
BRITAIN 4.7 %
FRANCE 4.6 %
JAPAN 4.4 %
ITALY 3.9 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-14.7% -- -- -- -47.6%

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

Technical Indicators
Recent close $19.88
30d moving avg. $22.12
Annualized volatility 0.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 33

Liquidity measures
Avg. volume (thou.) 14
Turnover 1.2%
Bid/Ask (% of price) 0.33%
ADV underlying (mns) $2,238

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 575 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 47.9 42 -3 2.1 +0.1
RNRG Global X Renewable Energy Producers ETF 44.9 65 -26 2.7 +0.6
TAN Invesco Solar ETF 37.0 69 -30 2.3 +0.3
VCLN Virtus Duff & Phelps Clean Energy ETF 35.9 59 -20 0.0 -2.0
CTEC Global X CleanTech ETF 35.2 50 -11 1.6 -0.5
ACES ALPS Clean Energy ETF 32.5 55 -16 -0.6 -2.7
FAN First Trust Global Wind Energy ETF 30.3 62 -23 3.8 +1.7
PBD Invesco Global Clean Energy ETF 28.9 75 -36 -0.7 -2.7
SOLR SmartETFs Sustainable Energy II Fund 26.7 79 -40 4.2 +2.2
RAYS Global X Solar ETF 25.1 50 -11 2.4 +0.3
WNDY Global X Wind Energy ETF 24.7 50 -11 3.9 +1.9
SMOG VanEck Low Carbon Energy ETF 24.6 62 -23 1.9 -0.1
CNRG SPDR S&P Kensho Clean Power ETF 23.5 45 -6 1.9 -0.2
ERTH Invesco MSCI Sustainable Future ETF 20.6 55 -16 4.2 +2.2
SHFT iClima Distributed Renewable Energy Transition Leaders ETF 20.0 65 -26 -1.7 -3.7
CLMA iClima Global Decarbonization Transition Leaders ETF 19.7 65 -26 2.2 +0.1
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 19.4 60 -21 -1.1 -3.2
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 18.9 45 -6 3.4 +1.3
BNE Blue Horizon BNE ETF 18.8 87 -48 2.1 +0.1
PBW Invesco WilderHill Clean Energy ETF 18.2 61 -22 -8.1 -10.2
DTOX Amplify Cleaner Living ETF 15.5 59 -20 -0.9 -2.9
WWOW Direxion World Without Waste ETF 12.5 50 -11 0.6 -1.5
MVPS Amplify Thematic All-Stars ETF 12.1 49 -10 2.1 +0.1
KGRN KraneShares MSCI China Clean Technology Index ETF 11.1 79 -40 7.8 +5.8
TEMP JPMorgan Climate Change Solutions ETF 9.8 49 -10 4.6 +2.5
HJEN Direxion Hydrogen ETF 8.6 45 -6 -3.2 -5.3
HDRO Defiance Next Gen H2 ETF 8.6 30 9 -4.6 -6.6
NZRO Strategy Shares Halt Climate Change ETF 8.2 95 -56 1.9 -0.2
EDEN iShares MSCI Denmark Capped ETF 7.8 53 -14 4.9 +2.9
KGHG KraneShares Global Carbon Transformation ETF 7.8 89 -50 6.2 +4.2
GSFP Goldman Sachs Future Planet Equity ETF 7.3 75 -36 3.8 +1.8
BECO BlackRock Future Climate and Sustainable Economy ETF 7.0 70 -31 4.9 +2.8
HYDR Global X Hydrogen ETF 7.0 50 -11 -16.7 -18.7
ZGEN Generation Z ETF 6.9 60 -21 -5.6 -7.6
SDG iShares Sustainable MSCI Global Impact ETF 6.7 49 -10 8.6 +6.6
FDRV Fidelity Electric Vehicles and Future Transportation ETF 6.7 39 0 -1.1 -3.1
DTEC ALPS Disruptive Technologies ETF 6.7 50 -11 4.2 +2.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 6.1 70 -31 4.1 +2.1
JZRO Janus Henderson Net Zero Transition Resources ETF 6.0 60 -21 6.5 +4.4
CLNR IQ Cleaner Transport ETF 5.7 45 -6 6.9 +4.9
SIMS SPDR S&P Kensho Intelligent Structures ETF 5.7 45 -6 2.4 +0.4
EKAR Innovation Shares NextGen Vehicles & Technology ETF 5.6 65 -26 5.7 +3.6
OCEN IQ Clean Oceans ETF 5.0 45 -6 6.5 +4.5
BSEA ETFMG Breakwave Sea Decarbonization Tech ETF 4.7 75 -36 0.7 -1.4
FXN First Trust Energy AlphaDEX Fund 4.6 64 -25 6.7 +4.6
CHIK Global X MSCI China Information Technology ETF 4.3 65 -26 5.9 +3.9
ECLN First Trust EIP Carbon Impact ETF 4.3 97 -58 3.3 +1.3
XT iShares Exponential Technologies ETF 3.8 46 -7 4.3 +2.2
DFE WisdomTree Europe SmallCap Dividend Fund 3.7 58 -19 8.8 +6.7
TCHI iShares MSCI China Multisector Tech ETF 3.6 59 -20 4.0 +2.0
ECOZ TrueMark ESG Active Opportunities ETF 3.3 58 -19 5.0 +2.9
KOMP SPDR Kensho New Economies Composite ETF 3.2 20 19 0.9 -1.2
ECNS iShares MSCI China Small-Cap ETF 3.1 59 -20 13.2 +11.1
EWGS iShares MSCI Germany Small Cap ETF 3.1 59 -20 6.8 +4.8
KEJI Global X China Innovation ETF 3.1 75 -36 3.2 +1.2
CHIU Global X MSCI China Utilities ETF 3.0 66 -27 9.7 +7.6
EMIF iShares Emerging Markets Infrastructure ETF 3.0 60 -21 6.1 +4.0
EWO iShares MSCI Austria ETF 2.9 51 -12 9.5 +7.5
PGAL Global X FTSE Portugal 20 ETF 2.8 58 -19 7.5 +5.4
ETHO Etho Climate Leadership U.S. ETF 2.8 48 -9 4.6 +2.6
QQQJ Invesco NASDAQ Next Gen 100 ETF 2.6 15 24 4.2 +2.1
PIZ Invesco DWA Developed Markets Momentum ETF 2.6 80 -41 6.3 +4.3
SNSR Global X Internet of Things Thematic ETF 2.5 68 -29 5.1 +3.0
RPG Invesco S&P 500 Pure Growth ETF 2.4 35 4 6.8 +4.8
IYE iShares U.S. Energy ETF 2.4 42 -3 4.3 +2.3
XSD SPDR S&P Semiconductor ETF 2.4 35 4 6.1 +4.0
QQQN VictoryShares Nasdaq Next 50 ETF 2.4 18 21 6.1 +4.1
GBUY Goldman Sachs Future Consumer Equity ETF 2.3 75 -36 2.9 +0.8
ICOL iShares MSCI Colombia ETF 2.3 61 -22 9.3 +7.2
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 2.3 61 -22 11.1 +9.1
ENZL iShares MSCI New Zealand Capped ETF 2.2 51 -12 3.3 +1.3
PGJ Invesco Golden Dragon China ETF 2.1 69 -30 2.5 +0.5
FIW First Trust Water ETF 2.1 54 -15 4.3 +2.2
PHO Invesco Water Resources ETF 2.1 60 -21 4.1 +2.1
SLT Pacer Salt High truBeta US Market ETF 2.1 60 -21 0.0 -2.0
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 2.1 20 19 5.1 +3.0
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 2.0 75 -36 3.1 +1.0
IQM Franklin Intelligent Machines ETF 2.0 50 -11 3.7 +1.7
FFND Future Fund Active ETF 2.0 101 -62 2.2 +0.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.0 12 27 5.9 +3.8
SPRX Spear Alpha ETF 2.0 75 -36 1.7 -0.4
PID Invesco International Dividend Achievers ETF 2.0 56 -17 7.3 +5.3
DIV Global X SuperDividend US ETF 1.9 45 -6 6.0 +4.0
DRIV Global X Autonomous & Electric Vehicles ETF 1.9 68 -29 4.4 +2.4
EWP iShares MSCI Spain ETF 1.9 51 -12 7.7 +5.7
HAIL SPDR S&P Kensho Smart Mobility ETF 1.9 45 -6 3.2 +1.2
GXG Global X MSCI Colombia ETF 1.9 62 -23 9.3 +7.3
NETZ Engine No 1 Transform Climate ETF 1.9 75 -36 6.2 +4.2
IMOM Alpha Architect International Quantitative Momentum ETF 1.9 59 -20 8.0 +6.0
SAMT Strategas Macro Thematic Opportunities ETF 1.9 65 -26 3.3 +1.3
RYJ Invesco Raymond James SB-1 Equity ETF 1.9 75 -36 3.6 +1.5
SCHC Schwab International Small-Cap Equity ETF 1.8 11 28 5.6 +3.5
PSCT Invesco S&P SmallCap Information Technology ETF 1.8 29 10 6.2 +4.2
GLIF AGFiQ Global Infrastructure ETF 1.8 45 -6 4.5 +2.4
AIIQ AI Powered International Equity ETF 1.7 79 -40 5.2 +3.2
OSCV Opus Small Cap Value Plus ETF 1.7 79 -40 5.2 +3.2
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.6 70 -31 5.0 +3.0
RAYD Rayliant Quantitative Developed Market Equity ETF 1.6 80 -41 8.9 +6.9
SPHB Invesco S&P 500 High Beta ETF 1.6 25 14 5.3 +3.3
MOON Direxion Moonshot Innovators ETF 1.6 65 -26 -21.6 -23.6
JXI iShares Global Utilities ETF 1.6 43 -4 5.1 +3.0
BKIS BNY Mellon Sustainable International Equity ETF 1.6 70 -31 5.5 +3.4
ISRA VanEck Israel ETF 1.5 62 -23 7.0 +4.9
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.5 11 28 6.1 +4.0
ERSX ERShares NextGen Entrepreneurs ETF 1.4 75 -36 6.1 +4.1
PTF Invesco DWA Technology Momentum ETF 1.3 60 -21 4.7 +2.6
DLS WisdomTree International SmallCap Dividend Fund 1.3 58 -19 9.0 +7.0
IEUS iShares MSCI Europe Small-Cap ETF 1.3 40 -1 5.2 +3.2
RYT Invesco S&P 500 Equal Weight Technology ETF 1.3 40 -1 6.5 +4.4
NTZO Impact Shares MSCI Global Climate Select ETF 1.3 30 9 5.8 +3.8
KESG KraneShares MSCI China ESG Leaders Index ETF 1.2 59 -20 9.1 +7.1
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Eq 1.2 38 1 9.1 +7.0
NUDM Nuveen ESG International Developed Markets Equity ETF 1.2 30 9 6.3 +4.2
PABU iShares Paris-Aligned Climate MSCI USA ETF 1.2 10 29 5.6 +3.5
OEUR O'shares FTSE Europe Quality Dividend ETF 1.2 48 -9 5.8 +3.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.2 49 -10 4.9 +2.8
FEP First Trust Europe AlphaDEX Fund 1.1 80 -41 8.8 +6.8
EQAL Invesco Russell 1000 Equal Weight ETF 1.1 20 19 6.2 +4.2
NUSC Nuveen ESG Small-Cap ETF 1.1 30 9 5.7 +3.6
NUMG Nuveen ESG Mid-Cap Growth ETF 1.1 30 9 4.3 +2.2
FCA First Trust China AlphaDEX Fund 1.1 80 -41 17.4 +15.3
DFIS Dimensional International Small Cap ETF 1.1 39 0 5.6 +3.6
AVES Avantis Emerging Markets Value ETF 1.1 36 3 13.6 +11.5
OBOR KraneShares MSCI One Belt One Road Index ETF 1.0 79 -40 8.4 +6.3
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.0 58 -19 7.6 +5.5
IGF iShares Global Infrastructure ETF 1.0 43 -4 3.8 +1.8
GII SPDR S&P Global Infrastructure ETF 1.0 40 -1 3.9 +1.8
GLCN VanEck China Growth Leaders ETF 1.0 60 -21 8.5 +6.5
VOT Vanguard Mid-Cap Growth Index Fund 1.0 7 32 4.1 +2.1
CHII Global X MSCI China Industrials ETF 1.0 66 -27 12.8 +10.7
EQUL IQ Engender Equality ETF 1.0 45 -6 7.3 +5.3
FNI First Trust Chindia ETF 1.0 60 -21 2.3 +0.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.0 39 0 4.3 +2.3
VBK Vanguard Small-Cap Growth Index Fund 0.9 7 32 2.5 +0.5
IWP iShares Russell Mid-Cap Growth ETF 0.9 23 16 4.3 +2.3
BATT Amplify Lithium & Battery Technology ETF 0.9 59 -20 2.7 +0.6
EMGF iShares MSCI Emerging Markets Multifactor ETF 0.9 45 -6 11.8 +9.8
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.9 70 -31 -12.8 -14.8
ISZE iShares Edge MSCI Intl Size Factor ETF 0.9 30 9 6.5 +4.4
JHMT John Hancock Multifactor Technology ETF 0.9 40 -1 6.3 +4.2
IMCG iShares Morningstar Mid-Cap Growth ETF 0.9 6 33 4.5 +2.5
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 0.9 69 -30 6.5 +4.5
ISVL iShares International Developed Small Cap Value Factor ETF 0.9 30 9 8.1 +6.1
PIO Invesco Global Water ETF 0.9 75 -36 4.6 +2.6
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.9 20 19 6.9 +4.9
GXF Global X FTSE Nordic Region ETF 0.9 51 -12 4.7 +2.6
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.9 45 -6 4.0 +1.9
GXC SPDR S&P China ETF 0.9 59 -20 10.1 +8.0
RBIN Nationwide Risk-Based International Equity ETF 0.9 42 -3 7.2 +5.2
EWUS iShares MSCI United Kingdom Small Cap ETF 0.9 59 -20 6.2 +4.1
ISCG iShares Morningstar Small-Cap Growth ETF 0.9 6 33 1.5 -0.6
CTRU ARK Transparency ETF 0.9 55 -16 2.8 +0.8
AIRR First Trust RBA American Industrial Renaissance ETF 0.9 70 -31 6.7 +4.7
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.9 58 -19 6.5 +4.5
HAP VanEck Natural Resources ETF 0.9 49 -10 6.4 +4.3
MCHI iShares MSCI China ETF 0.9 59 -20 9.8 +7.8
WGRO WisdomTree U.S. Growth & Momentum Fund 0.8 55 -16 7.1 +5.1
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.8 10 29 5.7 +3.6
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 0.8 50 -11 3.1 +1.1
FEUZ First Trust Eurozone AlphaDEX ETF 0.8 80 -41 8.0 +5.9
RFDI First Trust Riverfront Dynamic Developed International ETF 0.8 83 -44 9.6 +7.6
FNX First Trust Mid Cap Core AlphaDEX Fund 0.8 60 -21 7.6 +5.5
FLCH Franklin FTSE China ETF 0.8 19 20 9.9 +7.9
ISEM Invesco RAFI Strategic Emerging Markets ETF 0.8 35 4 12.3 +10.2
IQLT iShares Edge MSCI Intl Quality Factor ETF 0.8 30 9 6.4 +4.3
BUZZ VanEck Social Sentiment ETF 0.8 75 -36 0.5 -1.5
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.8 70 -31 4.4 +2.3
SCZ iShares MSCI EAFE Small-Cap ETF 0.7 40 -1 5.6 +3.6
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 0.7 49 -10 6.4 +4.4
FUTY Fidelity MSCI Utilities Index ETF 0.7 8 31 5.5 +3.4
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 0.7 17 22 5.5 +3.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.7 65 -26 10.2 +8.2
SMMD iShares Russell 2500 ETF 0.7 15 24 6.4 +4.4
FNDC Schwab Fundamental International Small Co. Index ETF 0.7 39 0 5.9 +3.9
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.7 15 24 8.1 +6.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.7 32 7 6.3 +4.2
AVIV Avantis International Large Cap Value ETF 0.7 25 14 9.9 +7.9
JHSC John Hancock Multifactor Small Cap ETF 0.7 42 -3 6.5 +4.4
IEUR iShares Core MSCI Europe ETF 0.7 9 30 6.9 +4.8
AVEM Avantis Emerging Markets Equity ETF 0.7 33 6 10.2 +8.2
EWC iShares MSCI Canada ETF 0.7 51 -12 6.9 +4.8
BKES BNY Mellon Sustainable Global Emerging Markets ETF 0.7 11 28 4.8 +2.8
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.7 47 -8 5.7 +3.7
VGK Vanguard FTSE Europe ETF 0.7 8 31 6.9 +4.9
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.7 7 32 5.6 +3.6
UMMA Wahed Dow Jones Islamic World ETF 0.6 65 -26 5.2 +3.2
SPEU SPDR Portfolio Europe ETF 0.6 9 30 6.8 +4.8
ENOR iShares MSCI Norway ETF 0.6 53 -14 3.7 +1.7
AVDV Avantis International Small Cap Value ETF 0.6 36 3 7.1 +5.1
NORW Global X MSCI Norway ETF 0.6 51 -12 3.7 +1.7
IJJ iShares S&P Mid-Cap 400 Value ETF 0.6 18 21 8.2 +6.2
MDYV SPDR S&P 400 Mid Cap Value ETF 0.6 15 24 8.2 +6.2
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.6 15 24 8.2 +6.2
FTC First Trust Large Cap Growth AlphaDEX Fund 0.6 60 -21 5.2 +3.2
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.6 63 -24 4.5 +2.4
EFG iShares MSCI EAFE Growth ETF 0.6 40 -1 4.5 +2.4
WBIY WBI Power Factor High Dividend ETF 0.6 70 -31 10.3 +8.2
VPU Vanguard Utilities Index Fund 0.6 10 29 5.4 +3.4
RESE WisdomTree Emerging Markets ESG Fund 0.6 32 7 8.1 +6.0
PIE Invesco DWA Emerging Markets Momentum ETF 0.6 90 -51 7.9 +5.8
FNK First Trust Mid Cap Value AlphaDEX Fund 0.6 70 -31 9.6 +7.5
FDWM Fidelity Women's Leadership ETF 0.6 59 -20 6.0 +4.0
IWN iShares Russell 2000 Value ETF 0.6 24 15 2.2 +0.1
FXU First Trust Utilities AlphaDEX Fund 0.6 62 -23 6.2 +4.1
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.6 52 -13 8.1 +6.0
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.6 14 25 6.3 +4.3
VTWV Vanguard Russell 2000 Value Index Fund 0.6 15 24 2.6 +0.6
ISMD Inspire Small/Mid Cap Impact ETF 0.6 57 -18 6.2 +4.1
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.6 46 -7 6.6 +4.5
JEMA JPMorgan Emerging Markets Equity Core ETF 0.6 39 0 8.0 +5.9
FLEE Franklin FTSE Europe ETF 0.6 9 30 7.1 +5.1
BKSE BNY Mellon US Small Cap Core Equity ETF 0.6 4 35 5.9 +3.8
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.6 25 14 6.0 +4.0
BBEU JPMorgan BetaBuilders Europe ETF 0.6 9 30 7.1 +5.1
SFYX Sofi Next 500 ETF 0.6 0 39 6.6 +4.6
XJH iShares ESG Screened S&P Mid-Cap ETF 0.6 12 27 7.6 +5.6
FLEH Franklin FTSE Europe Hedged ETF 0.5 9 30 7.0 +5.0
IWM iShares Russell 2000 ETF 0.5 19 20 1.5 -0.6
FDT First Trust Developed Markets ex-US Alphadex Fund 0.5 80 -41 9.7 +7.6
SCHA Schwab U.S. Small-Cap ETF 0.5 4 35 5.5 +3.5
IDEV iShares Core MSCI International Developed Markets ETF 0.5 5 34 6.9 +4.9
DFIC Dimensional International Core Equity 2 ETF 0.5 23 16 6.8 +4.7
VTWO Vanguard Russell 2000 Index Fund 0.5 10 29 1.7 -0.3
JHMM John Hancock Multifactor Mid Cap ETF 0.5 41 -2 6.7 +4.6
AVDE Avantis International Equity ETF 0.5 23 16 7.7 +5.7
VXF Vanguard Extended Market Index Fund 0.5 6 33 2.6 +0.5
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.5 71 -32 7.1 +5.0
EURZ Xtrackers Eurozone Equity ETF 0.5 9 30 0.0 -2.0
DFSV Dimensional US Small Cap Value ETF 0.5 31 8 8.7 +6.7
MDY SPDR S&P Midcap 400 ETF Trust 0.5 23 16 7.3 +5.3
IUSS Invesco Strategic US Small Company ETF 0.5 23 16 6.2 +4.1
IJH iShares Core S&P Mid-Cap ETF 0.5 5 34 7.5 +5.5
SPMD SPDR Portfolio Mid Cap ETF 0.5 5 34 7.5 +5.5
IVOO Vanguard S&P Mid-Cap 400 ETF 0.5 10 29 7.4 +5.4
BKF iShares MSCI BRIC ETF 0.5 70 -31 9.1 +7.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.5 4 35 6.8 +4.7
CSML IQ Chaikin U.S. Small Cap ETF 0.5 35 4 5.8 +3.7
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.5 4 35 6.1 +4.1
IEV iShares Europe ETF 0.5 59 -20 6.6 +4.5
VB Vanguard Small-Cap ETF 0.5 5 34 6.1 +4.0
IQSI IQ Candriam ESG International Equity ETF 0.5 15 24 6.9 +4.9
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.5 47 -8 6.5 +4.5
SCHM Schwab U.S. Mid-Cap ETF 0.5 4 35 6.4 +4.4
CN Xtrackers MSCI All China Equity ETF 0.5 50 -11 10.2 +8.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.5 31 8 8.4 +6.4
IMCB iShares Morningstar Mid-Cap ETF 0.5 4 35 6.0 +3.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.5 39 0 7.4 +5.3
IWO iShares Russell 2000 Growth ETF 0.5 24 15 1.0 -1.1
DFIV Dimensional International Value ETF 0.5 35 4 9.5 +7.5
DEHP Dimensional Emerging Markets High Profitability ETF 0.5 41 -2 8.7 +6.7
PBSM Invesco PureBeta MSCI USA Small Cap ETF 0.5 6 33 5.6 +3.5
VTWG Vanguard Russell 2000 Growth Index Fund 0.5 15 24 1.0 -1.0
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.5 9 30 5.0 +2.9
DFAS Dimensional U.S. Small Cap ETF 0.5 34 5 6.7 +4.7
IEFA iShares Core MSCI EAFE ETF 0.5 7 32 6.8 +4.8
VEA Vanguard FTSE Developed Markets ETF 0.5 5 34 7.1 +5.1
IXUS ishares Core MSCI Total International Stock ETF 0.5 9 30 7.3 +5.3
DBGR Xtrackers MSCI Germany Hedged Equity ETF 0.5 45 -6 7.4 +5.4
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 0.5 35 4 6.6 +4.6
FIDU Fidelity MSCI Industrials Index ETF 0.5 8 31 6.1 +4.0
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.5 15 24 7.6 +5.6
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.5 20 19 6.8 +4.8
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.5 24 15 7.6 +5.5
FSST Fidelity Sustainability U.S. Equity ETF 0.5 59 -20 5.9 +3.8
IJS iShares S&P Small-cap 600 Value ETF 0.5 18 21 7.6 +5.5
ESGD iShares MSCI EAFE ESG Optimized ETF 0.5 20 19 6.7 +4.7
GBGR Global Beta Momentum-Growth ETF 0.5 29 10 1.9 -0.2
SLYV SPDR S&P 600 Small Cap Value ETF 0.5 15 24 7.6 +5.5
EUSA iShares MSCI USA Equal Weighted ETF 0.5 9 30 6.0 +4.0
VIS Vanguard Industrials Index Fund 0.4 10 29 5.7 +3.6
RFFC RiverFront Dynamic US Flex-Cap ETF 0.4 52 -13 5.6 +3.5
VO Vanguard Mid-Cap Index Fund 0.4 4 35 5.6 +3.6
FYC First Trust Small Cap Growth AlphaDEX Fund 0.4 71 -32 2.7 +0.7
DON WisdomTree U.S. MidCap Dividend Fund 0.4 38 1 8.4 +6.3
TMFX Motley Fool Next Index ETF 0.4 50 -11 3.7 +1.7
ISCB iShares Morningstar Small-Cap ETF 0.4 4 35 5.1 +3.1
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.4 20 19 6.6 +4.6
VUSE Vident Core US Equity Fund 0.4 48 -9 10.1 +8.1
EXI iShares Global Industrials ETF 0.4 43 -4 5.4 +3.3
VXUS Vanguard Total International Stock ETF 0.4 8 31 7.4 +5.4
JHEM John Hancock Multifactor Emerging Markets ETF 0.4 49 -10 9.1 +7.1
RNMC Mid Cap US Equity Select ETF 0.4 60 -21 7.7 +5.6
IWR iShares Russell Midcap ETF 0.4 19 20 5.9 +3.9
EWMC Invesco S&P MidCap 400 Equal Weight ETF 0.4 40 -1 7.3 +5.2
TPIF Timothy Plan International ETF 0.4 62 -23 6.7 +4.6
EFA iShares MSCI EAFE ETF 0.4 32 7 6.7 +4.7
DISV Dimensional International Small Cap Value ETF 0.4 42 -3 9.6 +7.5
GMF SPDR S&P Emerging Asia Pacific ETF 0.4 49 -10 7.8 +5.8
ACWX iShares MSCI ACWI ex U.S. ETF 0.4 32 7 7.3 +5.2
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.4 36 3 6.6 +4.6
DMXF iShares ESG Advanced MSCI EAFE ETF 0.4 12 27 6.6 +4.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.4 39 0 7.7 +5.6
JIDA JPMorgan ActiveBuilders International Equity ETF 0.4 25 14 7.6 +5.6
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.4 15 24 6.7 +4.7
IJK iShares S&P Mid-Cap 400 Growth ETF 0.4 17 22 6.7 +4.7
DFAI Dimensional International Core Equity Market ETF 0.4 18 21 6.7 +4.7
RDMX SPDR Bloomberg SASB Developed Markets EX US ESG Select ETF 0.4 12 27 7.4 +5.3
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.4 15 24 6.6 +4.6
DGT SPDR Global Dow ETF 0.4 50 -11 7.5 +5.5
BKIE BNY Mellon International Equity ETF 0.4 4 35 7.1 +5.1
GSID Goldman Sachs MarketBeta International Equity ETF 0.4 20 19 6.9 +4.9
IDU iShares U.S. Utilities ETF 0.4 43 -4 5.1 +3.1
GWX SPDR S&P International Small Cap ETF 0.4 40 -1 4.3 +2.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.4 41 -2 6.9 +4.9
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 0.4 7 32 7.2 +5.2
KALL KraneShares MSCI All China Index ETF 0.4 49 -10 10.5 +8.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 19 6.2 +4.1
EWX SPDR S&P Emerging Markets Small Cap ETF 0.4 65 -26 8.1 +6.1
EEMA iShares MSCI Emerging Markets Asia ETF 0.4 50 -11 7.8 +5.8
FSMD Fidelity Small-Mid Factor ETF 0.3 29 10 8.4 +6.4
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 0.3 35 4 7.4 +5.4
EZU iShares MSCI Eurozone ETF 0.3 51 -12 6.7 +4.6
SMLE Xtrackers S&P SmallCap 600 ESG ETF 0.3 15 24 7.8 +5.8
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.3 9 30 5.7 +3.7
HFXI IQ 50 Percent Hedged FTSE International ETF 0.3 20 19 7.1 +5.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.3 30 9 8.3 +6.2
SCHF Schwab International Equity ETF 0.3 6 33 7.3 +5.3
RNDM First Trust Developed International Equity Select ETF 0.3 65 -26 6.4 +4.4
ESIX SPDR S&P SmallCap 600 ESG ETF 0.3 12 27 7.9 +5.8
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.3 32 7 8.5 +6.5
ESGE iShares ESG Aware MSCI EM ETF 0.3 25 14 8.7 +6.6
EMXF iShares ESG Advanced MSCI EM ETF 0.3 16 23 8.6 +6.6
JMIN JPMorgan U.S. Minimum Volatility ETF 0.3 12 27 5.9 +3.8
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.3 15 24 7.8 +5.8
VEU Vanguard FTSE All-World ex-US Index Fund 0.3 8 31 7.4 +5.4
DFAE Dimensional Emerging Core Equity Market ETF 0.3 35 4 8.9 +6.9
JHMD John Hancock Multifactor Developed International ETF 0.3 39 0 7.2 +5.1
VSGX Vanguard ESG International Stock ETF 0.3 12 27 7.2 +5.2
CARZ First Trust NASDAQ Global Auto Index Fund 0.3 70 -31 5.3 +3.3
PXH Invesco FTSE RAFI Emerging Markets ETF 0.3 50 -11 13.0 +11.0
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.3 70 -31 7.4 +5.4
EMLP First Trust North American Energy Infrastructure Fund 0.3 96 -57 4.8 +2.7
LDEM iShares ESG MSCI EM Leaders ETF 0.3 16 23 8.7 +6.7
FEX First Trust Large Cap Core AlphaDEX Fund 0.3 59 -20 7.5 +5.4
PBEE Invesco PureBeta FTSE Emerging Markets ETF 0.3 16 23 8.1 +6.1
IQDG WisdomTree International Quality Dividend Growth Fund 0.3 42 -3 6.7 +4.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.3 40 -1 7.8 +5.8
VWO Vanguard FTSE Emerging Markets ETF 0.3 10 29 8.3 +6.3
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.3 29 10 7.0 +5.0
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.3 58 -19 6.5 +4.4
VEGN US Vegan Climate ETF 0.3 60 -21 5.6 +3.6
IEMG iShares Core MSCI Emerging Markets ETF 0.3 11 28 8.6 +6.5
RYLD Global X Russell 2000 Covered Call ETF 0.3 60 -21 1.2 -0.8
IGM iShares Expanded Tech Sector ETF 0.3 43 -4 5.3 +3.3
EZM WisdomTree U.S. MidCap Earnings Fund 0.3 38 1 9.8 +7.8
CIL VictoryShares International Volatility Weighted Index ETF 0.3 45 -6 6.8 +4.8
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.3 21 18 3.9 +1.9
FTEC Fidelity MSCI Information Technology Index ETF 0.3 8 31 5.7 +3.6
VGT Vanguard Information Technology Index Fund 0.3 10 29 5.7 +3.6
JSML Janus Henderson Small Cap Growth Alpha ETF 0.3 30 9 9.6 +7.6
ISDX Invesco RAFI Strategic Developed ex-US ETF 0.3 23 16 7.8 +5.7
RESP WisdomTree US ESG Fund of Benef Interest 0.3 28 11 7.2 +5.2
FLDZ RiverNorth Volition America Patriot ETF 0.3 70 -31 5.5 +3.5
CWI SPDR MSCI ACWI ex-US ETF 0.3 30 9 7.2 +5.1
DEIF Sterling Capital Diverse Multi-Manager Active ETF 0.3 65 -26 6.4 +4.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.3 59 -20 10.6 +8.5
XPND First Trust Expanded Technology ETF 0.3 65 -26 5.7 +3.7
SMDY Syntax Stratified MidCap ETF 0.3 35 4 6.8 +4.8
SIZE iShares MSCI USA Size Factor ETF 0.3 15 24 6.2 +4.2
ENTR Entrepreneur 30 Fund 0.3 49 -10 5.3 +3.3
FPXI First Trust International Equity Opportunities ETF 0.3 70 -31 2.9 +0.9
FLAX Franklin FTSE Asia Ex Japan ETF 0.3 19 20 7.8 +5.8
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.3 15 24 8.0 +6.0
XJR iShares ESG Screened S&P Small-Cap ETF 0.3 12 27 7.4 +5.4
AVSC Avantis U.S Small Cap Equity ETF 0.3 25 14 5.2 +3.2
JHMU John Hancock Multifactor Utilities ETF 0.3 40 -1 5.2 +3.1
SPEM SPDR Portfolio Emerging Markets ETF 0.3 11 28 8.7 +6.7
SCHE Schwab Emerging Markets Equity ETF 0.3 11 28 8.3 +6.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.3 66 -27 7.4 +5.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.3 36 3 7.8 +5.7
EEM iShares MSCI Emerging Markets ETF 0.3 70 -31 8.1 +6.0
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.2 20 19 7.6 +5.6
DFAT Dimensional U.S. Targeted Value ETF 0.2 34 5 8.3 +6.3
VT Vanguard Total World Stock ETF 0.2 8 31 6.3 +4.2
XLK Technology Select Sector SPDR Fund 0.2 10 29 5.9 +3.9
SSPY Syntax Stratified LargeCap ETF 0.2 30 9 6.4 +4.3
IJR iShares Core S&P Small Cap ETF 0.2 6 33 7.6 +5.6
SLY SPDR S&P 600 Small Cap ETF 0.2 15 24 7.5 +5.5
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.2 5 34 7.6 +5.6
QEFA SPDR MSCI EAFE Quality Mix ETF 0.2 30 9 6.6 +4.6
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 25 5.9 +3.9
VIOO Vanguard S&P Small-Cap 600 ETF 0.2 10 29 7.6 +5.6
UIVM VictoryShares USAA MSCI International Value Momentum ETF 0.2 35 4 9.1 +7.0
BBCA JPMorgan BetaBuilders Canada ETF 0.2 19 20 7.1 +5.0
SCJ iShares MSCI Japan Small-Cap ETF 0.2 51 -12 6.6 +4.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.2 15 24 8.6 +6.6
FYX First Trust Small Cap Core AlphaDEX Fund 0.2 63 -24 8.4 +6.4
IQIN IQ 500 International ETF 0.2 25 14 8.2 +6.1
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.2 39 0 9.0 +7.0
VFMO Vanguard U.S. Momentum Factor ETF 0.2 13 26 6.0 +3.9
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.2 32 7 6.9 +4.8
ROAM Hartford Multifactor Emerging Markets ETF 0.2 44 -5 11.4 +9.4
NULV Nuveen ESG Large-Cap Value ETF 0.2 25 14 7.1 +5.0
FTHI First Trust High Income ETF 0.2 85 -46 5.9 +3.9
VBR Vanguard Small Cap Value Index Fund 0.2 7 32 8.2 +6.2
EFV iShares MSCI EAFE Value ETF 0.2 39 0 8.6 +6.6
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 0 9.2 +7.1
DWM WisdomTree International Equity Fund 0.2 48 -9 7.9 +5.8
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 -50 6.4 +4.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.2 45 -6 8.0 +6.0
USXF iShares ESG Advanced MSCI USA ETF 0.2 10 29 5.9 +3.9
TOK iShares MSCI Kokusai ETF 0.2 25 14 5.9 +3.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 19 20 6.6 +4.6
REMG SPDR Bloomberg SASB Emerging Markets ESG Select ETF 0.2 16 23 8.9 +6.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.2 39 0 9.3 +7.3
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 30 6.0 +4.0
EPP iShares MSCI Pacific ex-Japan ETF 0.2 48 -9 5.7 +3.6
URTH iShares MSCI World ETF 0.2 24 15 5.9 +3.9
ILCG iShares Morningstar Growth ETF 0.2 4 35 4.5 +2.5
YPS Arrow Reverse Cap 500 ETF 0.2 29 10 6.1 +4.1
IXN iShares Global Tech ETF 0.2 43 -4 5.3 +3.3
JPEM J.P. Morgan Diversified Return Emerging Markets Equity ETF 0.2 44 -5 9.3 +7.3
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 0.2 40 -1 7.3 +5.2
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 19 6.2 +4.2
ACWI iShares MSCI ACWI ETF 0.2 32 7 6.1 +4.1
IWS iShares Russell Mid-Cap Value ETF 0.2 23 16 6.7 +4.7
SCHG Schwab U.S. Large-Cap Growth ETF 0.2 4 35 4.6 +2.6
BBAX JPMorgan BetaBuilders Developed Asia ex-Japan ETF 0.2 19 20 6.1 +4.1
DIHP Dimensional International High Profitability ETF 0.2 29 10 7.0 +4.9
IMCV iShares Morningstar Mid-Cap Value ETF 0.2 6 33 7.2 +5.1
FAB First Trust Multi Cap Value AlphaDEX Fund 0.2 70 -31 9.9 +7.8
NUEM Nuveen ESG Emerging Markets Equity ETF 0.2 35 4 7.8 +5.8
DOL WisdomTree International LargeCap Dividend Fund 0.2 48 -9 7.8 +5.7
UEVM VictoryShares USAA MSCI Emerging Markets Value Momentum ETF 0.2 45 -6 14.0 +12.0
SUSA iShares MSCI USA ESG Select ETF 0.2 25 14 5.8 +3.8
BKEM BNY Mellon Emerging Markets Equity ETF 0.2 11 28 8.1 +6.1
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.2 25 14 7.5 +5.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 21 7.4 +5.4
IMTM iShares Edge MSCI Intl Momentum Factor ETF 0.2 30 9 6.9 +4.9
IWF iShares Russell 1000 Growth ETF 0.2 19 20 5.4 +3.4
VUG Vanguard Growth Index Fund 0.2 4 35 4.9 +2.8
VONG Vanguard Russell 1000 Growth Index Fund 0.2 8 31 5.5 +3.5
RODE Hartford Multifactor Diversified International ETF 0.2 29 10 10.7 +8.6
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 30 6.0 +3.9
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -20 2.5 +0.5
DFJ WisdomTree Japan SmallCap Dividend Fund 0.1 58 -19 8.8 +6.7
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 19 8.0 +6.0
IUSG iShares Core S&P US Growth ETF 0.1 4 35 5.7 +3.7
FNDF Schwab Fundamental International Large Co. Index ETF 0.1 25 14 8.5 +6.5
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 10 8.1 +6.1
JPIN JPMorgan Diversified Return International Equity ETF 0.1 37 2 8.3 +6.2
AFK VanEck Africa Index ETF 0.1 79 -40 8.5 +6.5
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 14 7.4 +5.4
JHMI John Hancock Multifactor Industrials ETF 0.1 40 -1 6.8 +4.8
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 36 5.6 +3.5
DIM WisdomTree International MidCap Dividend Fund 0.1 58 -19 7.8 +5.7
SCHB Schwab U.S. Broad Market ETF 0.1 3 36 5.8 +3.8
EFAV iShares Edge MSCI Min Vol EAFE ETF 0.1 20 19 5.4 +3.3
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.1 58 -19 8.8 +6.7
IGRO iShares International Dividend Growth ETF 0.1 15 24 7.8 +5.8
VTHR Vanguard Russell 3000 Index Fund 0.1 10 29 5.6 +3.6
IWV iShares Russell 3000 ETF 0.1 20 19 5.5 +3.5
SPYG SPDR Portfolio S&P 500 Growth ETF 0.1 4 35 5.7 +3.6
EES WisdomTree SmallCap Earnings Fund 0.1 38 1 10.1 +8.1
VOOG Vanguard S&P 500 Growth ETF 0.1 10 29 5.6 +3.6
VTI Vanguard Total Stock Market Index Fund 0.1 3 36 5.5 +3.4
ISCV iShares Morningstar Small Cap Value ETF 0.1 6 33 8.0 +6.0
IVW iShares S&P 500 Growth ETF 0.1 18 21 5.5 +3.5
AVUS Avantis U.S. Equity ETF 0.1 15 24 6.8 +4.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 30 6.1 +4.0
TPLC Timothy Plan US Large Cap Core ETF 0.1 52 -13 5.9 +3.8
DFAU Dimensional US Core Equity Market ETF 0.1 12 27 6.2 +4.1
DXGE WisdomTree Germany Hedged Equity Fund 0.1 48 -9 8.2 +6.2
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.1 42 -3 5.9 +3.8
IYY iShares Dow Jones U.S. ETF 0.1 20 19 5.7 +3.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 27 5.5 +3.5
IETC iShares Evolved U.S. Technology ETF 0.1 18 21 5.3 +3.2
ACWF iShares MSCI Global Multifactor ETF 0.1 35 4 9.2 +7.1
SSLY Syntax Stratified SmallCap ETF 0.1 40 -1 7.3 +5.2
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.1 49 -10 5.2 +3.2
XOUT GraniteShares XOUT U.S. Large Cap ETF 0.1 60 -21 5.4 +3.3
QINT American Century Quality Diversified International ETF 0.1 39 0 8.7 +6.7
VONE Vanguard Russell 1000 ETF 0.1 8 31 5.9 +3.9
IDLB Invesco FTSE International Low Beta Equal Weight ETF 0.1 45 -6 7.1 +5.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 15 24 6.1 +4.0
IWB iShares Russell 1000 ETF 0.1 15 24 5.9 +3.8
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 36 5.9 +3.8
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.1 25 14 6.3 +4.3
DFUS Dimensional U.S. Equity ETF 0.1 11 28 5.9 +3.9
SCHK Schwab 1000 Index ETF 0.1 5 34 5.9 +3.8
TPSC Timothy Plan US Small Cap Core ETF 0.1 52 -13 8.3 +6.3
JHML John Hancock Multifactor Large Cap ETF 0.1 29 10 6.2 +4.2
SCHX Schwab U.S. Large-Cap ETF 0.1 3 36 5.9 +3.8
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.1 25 14 8.1 +6.1
DFEV Dimensional Emerging Markets Value ETF 0.1 43 -4 13.3 +11.2
DTH WisdomTree International High Dividend Fund 0.1 58 -19 9.0 +6.9
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.1 45 -6 8.8 +6.7
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 0.1 35 4 8.4 +6.3
PBUS Invesco PureBeta MSCI USA ETF 0.1 4 35 5.9 +3.9
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.1 80 -41 9.5 +7.4
MTUM iShares MSCI USA Momentum Factor ETF 0.1 15 24 5.4 +3.3
VPL Vanguard FTSE Pacific ETF 0.1 8 31 7.2 +5.2
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 0.1 20 19 6.5 +4.5
VOTE Engine No. 1 Transform 500 ETF 0.1 5 34 5.9 +3.8
SPTM SPDR Portfolio Total Stock Market ETF 0.1 3 36 6.1 +4.1
IPAC iShares Core MSCI Pacific ETF 0.1 9 30 6.7 +4.7
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 37 5.9 +3.9
VV Vanguard Large-Cap Index Fund 0.1 4 35 5.8 +3.8
SHE SPDR SSGA Gender Diversity Index ETF 0.1 20 19 5.8 +3.7
CFA VictoryShares US 500 Volatility Weighted Index ETF 0.1 35 4 6.5 +4.5
SFY SoFi Select 500 ETF 0.1 0 39 5.9 +3.9
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.1 30 9 9.5 +7.5
DEW WisdomTree Global High Dividend Fund 0.1 58 -19 8.2 +6.2
IQSU IQ Candriam ESG US Equity ETF 0.1 9 30 5.9 +3.8
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 27 12 5.6 +3.6
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 -19 11.8 +9.8
DUHP Dimensional US High Profitability ETF 0.1 22 17 7.7 +5.7
ESGU iShares MSCI USA ESG Optimized ETF 0.1 15 24 5.8 +3.8
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 27 12 5.6 +3.6
XVV iShares ESG Screened S&P 500 ETF 0.1 8 31 6.0 +4.0
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 0.1 24 15 7.6 +5.6
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 0.1 45 -6 6.8 +4.7
XTR Global X S&P 500 Tail Risk ETF 0.1 60 -21 5.6 +3.6
FLFR Franklin FTSE France ETF 0.1 9 30 6.5 +4.4
XRMI Global X S&P 500 Risk Managed Income ETF 0.1 60 -21 5.4 +3.3
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 27 12 5.9 +3.8
XCLR Global X S&P 500 Collar 95-110 ETF 0.1 60 -21 5.4 +3.4
XVOL Acruence Active Hedge U.S. Equity ETF 0.1 83 -44 5.2 +3.2
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 24 8.4 +6.3
VONV Vanguard Russell 1000 Value Index Fund 0.1 8 31 7.1 +5.0
IWD iShares Russell 1000 Value ETF 0.1 19 20 6.9 +4.9
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 19 5.9 +3.9
IVV iShares Core S&P 500 ETF 0.1 3 36 6.0 +4.0
VOO VANGUARD S&P 500 ETF 0.1 3 36 6.0 +4.0
SPLG SPDR Portfolio S&P 500 ETF 0.1 3 36 6.0 +4.0
SPY SPDR S&P 500 ETF Trust 0.1 9 30 5.9 +3.9
VIGI Vanguard International Dividend Appreciation ETF 0.1 20 19 5.7 +3.7
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 10 5.7 +3.6
PBP Invesco S&P 500 BuyWrite ETF 0.1 49 -10 5.5 +3.5
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 58 -19 6.4 +4.4
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 9 6.2 +4.1
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 14 9.2 +7.1
XYLG Global X S&P 500 Covered Call & Growth ETF 0.1 60 -21 5.4 +3.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 32 5.9 +3.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.1 30 9 9.4 +7.4
MXDU Nationwide Maximum Diversification US Core Equity ETF 0.1 34 5 5.7 +3.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.1 49 -10 9.6 +7.6
PXUS Principal International Adaptive Multi-Factor ETF 0.0 24 15 7.3 +5.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.0 39 0 7.1 +5.1
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 0 7.2 +5.2
IMFL Invesco International Developed Dynamic Multifactor ETF 0.0 34 5 9.0 +6.9
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 27 7.8 +5.8
WOMN Impact Shares YWCA Women's Empowerment ETF 0.0 75 -36 6.0 +4.0
VFQY Vanguard U.S. Quality Factor ETF 0.0 13 26 8.0 +5.9
ILCV iShares Morningstar Value ETF 0.0 4 35 7.1 +5.1
DTD WisdomTree U.S.Total Dividend Fund 0.0 28 11 6.9 +4.9
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.0 25 14 7.0 +5.0
IUSV iShares Core S&P U.S. Value ETF 0.0 4 35 6.8 +4.7
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 24 6.0 +4.0
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 0.0 9 30 0.0 -2.0
JPXN iShares JPX-Nikkei 400 ETF 0.0 48 -9 7.4 +5.3
SDGA Impact Shares Sustainable Development Goals Global ETF 0.0 75 -36 6.6 +4.6
VYMI Vanguard International High Dividend Yield ETF 0.0 27 12 10.2 +8.1
VYM Vanguard High Dividend Yield Index ETF 0.0 6 33 7.6 +5.5
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.0 52 -13 5.7 +3.6
EPS WisdomTree U.S. Earnings 500 Fund 0.0 8 31 7.4 +5.3
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 35 7.1 +5.0
JUSA JPMorgan ActiveBuilders U.S. Large Cap Equity ETF 0.0 17 22 6.2 +4.1
DSI iShares MSCI KLD 400 Social ETF 0.0 25 14 5.9 +3.9
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.0 17 22 7.6 +5.5
SQEW LeaderShares Equity Skew ETF 0.0 75 -36 6.3 +4.2
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 0.0 35 4 8.2 +6.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 30 9 7.0 +4.9
FLJP Franklin FTSE Japan ETF 0.0 9 30 7.3 +5.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 20 6.6 +4.5
FLJH Franklin FTSE Japan Hedged ETF 0.0 9 30 7.3 +5.3
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 0.0 35 4 6.4 +4.3
VFVA Vanguard U.S. Value Factor ETF 0.0 14 25 11.0 +8.9
GSPY Gotham Enhanced 500 ETF 0.0 50 -11 6.1 +4.1
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.0 20 19 7.1 +5.1
HKND Humankind US Stock ETF 0.0 11 28 6.8 +4.7
RWL Invesco S&P 500 Revenue ETF 0.0 39 0 6.7 +4.7
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.0 28 11 6.8 +4.7
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 24 6.4 +4.3
PDEV Principal International Multi-Factor Core Index ETF 0.0 25 14 0.0 -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

  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		 1.44
 
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.