Fidelity Clean Energy ETF
ALTAR
Score™		 4.3% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 21.5x P/Sales
ratio		 1.1x
P/BV
ratio		 1.2x Div.
yield		 2.5%


  • 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) $25
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 52
Wgt avg mkt cap (mns) $12,640
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
VESTAS WIND SYSTEMS A/S 4.7 %
GE VERONA 4.2 %
EDP-ENERGIAS DE PORTUGAL SA 3.7 %
FIRST SOLAR INC 3.5 %
DONG ENERGY A/S 3.4 %
NEXTRACKER, INC. CLASS A 3.4 %
ENPHASE ENERGY INC 3.2 %
VERBUND AG 3.1 %
ITRON INC 2.7 %
NORDEX AG 2.7 %
Total 34.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 28.5 %
CANADA 10.6 %
CHINA 10.4 %
DENMARK 8.1 %
GERMANY 6.7 %
SPAIN 5.9 %
FRANCE 5.2 %
NEW ZEALAND 4.5 %
PORTUGAL 3.7 %
ISRAEL 3.5 %

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.
-2.2% -5.9% -- -- -16.2%

Market Correlations
versus... Beta R-squared
S&P500 1.12 40%
MSCI EAFE 1.25 53%
MSCI Emg. Mkts. 1.16 46%

Technical Indicators
Recent close $14.85
30d moving avg. $12.90
Annualized volatility 29.2%
Short interest (ETF) 0.2%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 6
Turnover 0.4%
Bid/Ask (% of price) 0.48%
ADV underlying (mns) $5,178

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 650 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™: 4.3%


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 41.9 41 -2 6.0 +1.7
CTEC Global X CleanTech ETF 38.6 50 -11 3.0 -1.3
RNRG Global X Renewable Energy Producers ETF 37.1 66 -27 5.9 +1.6
TAN Invesco Solar ETF 34.2 67 -28 7.9 +3.6
FAN First Trust Global Wind Energy ETF 32.5 60 -21 4.9 +0.6
PBD Invesco Global Clean Energy ETF 32.4 75 -36 0.5 -3.8
ACES ALPS Clean Energy ETF 30.6 55 -16 -3.3 -7.6
CNRG SPDR S&P Kensho Clean Power ETF 29.5 45 -6 0.6 -3.7
VCLN Virtus Duff & Phelps Clean Energy ETF 28.7 59 -20 5.8 +1.5
WNDY Global X Wind Energy ETF 25.2 50 -11 4.9 +0.6
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 23.9 58 -19 -3.1 -7.4
PBW Invesco WilderHill Clean Energy ETF 21.5 66 -27 -5.2 -9.5
SMOG VanEck Low Carbon Energy ETF 21.4 61 -22 1.6 -2.8
RAYS Global X Solar ETF 20.8 51 -12 5.9 +1.6
RNEW VanEck Green Infrastructure ETF 18.3 45 -6 -1.5 -5.8
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 16.3 75 -36 8.1 +3.8
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 16.2 79 -40 5.7 +1.4
ERTH Invesco MSCI Sustainable Future ETF 15.7 62 -23 3.5 -0.8
ETEC iShares Breakthrough Environmental Solutions ETF 13.9 47 -8 3.7 -0.6
OCEN IQ Clean Oceans ETF 11.9 45 -6 6.6 +2.3
SDG iShares MSCI Global Sustainable Development Goals ETF 11.8 49 -10 6.3 +2.0
CCSO Carbon Collective Climate Solutions US Equity ETF 10.8 35 4 1.2 -3.1
CLNR IQ Cleaner Transport ETF 8.1 45 -6 6.9 +2.6
DTEC ALPS Disruptive Technologies ETF 8.0 50 -11 3.8 -0.5
IBAT iShares Energy Storage & Materials ETF 7.4 47 -8 5.6 +1.3
BLLD JPMorgan Sustainable Infrastructure ETF 7.2 49 -10 6.2 +1.9
VOLT Tema Electrification ETF 6.9 75 -36 3.1 -1.3
CCNR ALPS CoreCommodity Natural Resources ETF 6.6 39 0 12.1 +7.8
SIMS SPDR S&P Kensho Intelligent Structures ETF 6.2 45 -6 6.4 +2.1
KGRN KraneShares MSCI China Clean Technology Index ETF 6.0 79 -40 3.6 -0.7
WBAT WisdomTree Battery Value Chain and Innovation Fund 5.6 45 -6 4.4 +0.1
XT iShares Exponential Technologies ETF 5.6 46 -7 5.6 +1.3
EDEN iShares MSCI Denmark ETF 5.6 53 -14 6.9 +2.6
HYDR Global X Hydrogen ETF 5.3 50 -11 -7.7 -12.0
GSFP Goldman Sachs Future Planet Equity ETF 5.2 75 -36 4.7 +0.4
ITEQ BlueStar Israel Technology ETF 5.0 75 -36 2.0 -2.3
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 4.9 55 -16 5.8 +1.5
FPX First Trust US Equity Opportunities ETF 4.7 61 -22 1.1 -3.2
NETZ TCW Transform Systems ETF 4.7 75 -36 3.0 -1.4
ENZL iShares MSCI New Zealand ETF 4.5 50 -11 3.6 -0.7
QVAL Alpha Architect US Quantitative Value ETF 4.4 39 0 10.0 +5.7
FXN First Trust Energy AlphaDEX Fund 4.3 62 -23 14.7 +10.4
SPRX Spear Alpha ETF 4.2 75 -36 -0.0 -4.3
DARP Grizzle Growth ETF 4.0 75 -36 3.8 -0.5
IPAV Global X Infrastructure Development ex-U.S. ETF 3.7 55 -16 7.9 +3.6
SNSR Global X Internet of Things ETF 3.5 68 -29 4.6 +0.3
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 3.5 58 -19 5.0 +0.7
PSCT Invesco S&P SmallCap Information Technology ETF 3.5 29 10 5.5 +1.2
JXI iShares Global Utilities ETF 3.4 43 -4 5.9 +1.6
IWTR iShares MSCI Water Management Multisector ETF 3.4 47 -8 6.0 +1.7
IPO Renaissance IPO ETF 3.4 60 -21 4.3 +0.0
TINT ProShares Smart Materials ETF 3.3 58 -19 7.7 +3.4
LIVR Intelligent Livermore ETF 3.3 69 -30 6.5 +2.2
GRNY Fundstrat Granny Shots US Large Cap ETF 3.3 75 -36 3.3 -1.0
GGRW Gabelli Growth Innovators ETF 3.2 90 -51 2.5 -1.8
EWO iShares MSCI Austria ETF 3.1 50 -11 11.2 +6.9
HAIL SPDR S&P Kensho Smart Mobility ETF 3.1 45 -6 2.6 -1.7
PPIE Putnam PanAgora ESG International Equity ETF 3.0 49 -10 7.6 +3.3
FID First Trust S&P International Dividend Aristocrats ETF 3.0 60 -21 8.5 +4.2
ICOW Pacer Developed Markets International Cash Cows 100 ETF 3.0 65 -26 12.1 +7.8
XSD SPDR S&P Semiconductor ETF 2.9 35 4 4.1 -0.2
MADE iShares U.S. Manufacturing ETF 2.9 40 -1 5.3 +1.0
TRFM AAM Transformers ETF 2.9 49 -10 1.7 -2.6
FIDI Fidelity International High Dividend ETF 2.8 18 21 9.2 +4.9
OPTZ Optimize Strategy Index ETF 2.7 50 -11 5.1 +0.8
PHO Invesco Water Resources ETF 2.7 60 -21 4.6 +0.3
NVIR Horizon Kinetics Energy and Remediation ETF 2.7 85 -46 6.7 +2.4
RSPT Invesco S&P 500 Equal Weight Technology ETF 2.7 40 -1 5.6 +1.3
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 2.6 46 -7 5.5 +1.2
OAIM OneAscent International Equity ETF 2.6 95 -56 6.2 +1.9
SCHY Schwab International Dividend Equity ETF 2.6 14 25 9.7 +5.4
EWQ iShares MSCI France ETF 2.6 53 -14 7.1 +2.8
XLI Industrial Select Sector SPDR Fund 2.6 8 31 4.4 +0.1
EXI iShares Global Industrials ETF 2.6 42 -3 4.6 +0.3
DVLU First Trust Dorsey Wright Momentum & Value ETF 2.6 60 -21 7.8 +3.5
OEUR ALPS O'Shares Europe Quality Dividend ETF 2.5 48 -9 5.9 +1.6
TEMP JPMorgan Climate Change Solutions ETF 2.5 49 -10 5.9 +1.6
FXU First Trust Utilities AlphaDEX Fund 2.4 64 -25 5.5 +1.2
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 2.4 29 10 4.6 +0.3
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 2.4 30 9 12.3 +8.0
OSEA Harbor International Compounders ETF 2.4 55 -16 4.7 +0.4
WDIV SPDR S&P Global Dividend ETF 2.3 40 -1 9.7 +5.4
VIS Vanguard Industrials ETF 2.3 10 29 4.7 +0.4
EWP iShares MSCI Spain ETF 2.3 50 -11 7.7 +3.4
SFLO VictoryShares Small Cap Free Cash Flow ETF 2.3 49 -10 12.3 +8.0
ISRA VanEck Israel ETF 2.3 59 -20 7.4 +3.1
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 2.3 9 30 9.3 +5.0
JHMD John Hancock Multifactor Developed International ETF 2.2 39 0 7.8 +3.5
EMIF iShares Emerging Markets Infrastructure ETF 2.2 60 -21 6.8 +2.5
GXG Global X MSCI Colombia ETF 2.1 62 -23 17.1 +12.8
EWG iShares MSCI Germany ETF 2.1 50 -11 6.3 +2.0
DAX Global X DAX Germany ETF 2.1 21 18 6.6 +2.3
EZU iShares MSCI Eurozone ETF 2.1 52 -13 6.8 +2.5
HAP VanEck Natural Resources ETF 2.1 50 -11 10.1 +5.8
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.1 39 0 -1.2 -5.5
LVHI Franklin International Low Volatility High Dividend Index ET 2.1 40 -1 10.8 +6.5
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 2.1 30 9 6.8 +2.5
FEUZ First Trust Eurozone AlphaDEX ETF 2.0 80 -41 9.6 +5.3
FIW First Trust Water ETF 2.0 53 -14 4.8 +0.5
GCOW Pacer Global Cash Cows Dividend ETF 2.0 60 -21 11.1 +6.8
FEZ SPDR EURO STOXX 50 ETF 2.0 29 10 7.1 +2.8
PRN Invesco Dorsey Wright Industrials Momentum ETF 1.9 60 -21 3.7 -0.7
WWJD Inspire International ETF 1.9 80 -41 7.4 +3.1
MTUM iShares MSCI USA Momentum Factor ETF 1.9 15 24 3.6 -0.7
FICS First Trust International Developed Capital Strength ETF 1.9 70 -31 6.1 +1.8
DTH WisdomTree International High Dividend Fund 1.9 58 -19 9.1 +4.8
QQQS Invesco NASDAQ Future Gen 200 ETF 1.9 20 19 -3.6 -7.9
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 1.8 45 -6 6.7 +2.4
FIDU Fidelity MSCI Industrial Index ETF 1.8 8 31 4.6 +0.3
GVIP Goldman Sachs Hedge Industry VIP ETF 1.8 45 -6 3.4 -0.9
ZAP Global X U.S. Electrification ETF 1.8 50 -11 4.5 +0.2
FDWM Fidelity Women's Leadership ETF 1.8 59 -20 5.2 +0.9
KOMP SPDR S&P Kensho New Economies Composite ETF 1.7 20 19 3.5 -0.8
IQM Franklin Intelligent Machines ETF 1.7 50 -11 2.3 -2.0
EFAS Global X MSCI SuperDividend EAFE ETF 1.7 57 -18 8.4 +4.1
DWX SPDR S&P International Dividend ETF 1.7 45 -6 6.2 +1.9
JIRE JPMorgan International Research Enhanced Equity ETF 1.7 24 15 7.4 +3.1
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 1.7 12 27 6.3 +2.0
FLGR Franklin FTSE Germany ETF 1.7 9 30 6.8 +2.5
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 1.7 75 -36 3.1 -1.2
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.6 52 -13 7.0 +2.7
DSTX Distillate International Fundamental Stability & Value ETF 1.6 55 -16 8.4 +4.1
GVAL Cambria Global Value ETF 1.6 68 -29 11.1 +6.8
IYJ iShares U.S. Industrials ETF 1.6 40 -1 4.5 +0.2
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 1.6 58 -19 8.7 +4.4
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.5 70 -31 2.9 -1.4
ETHO Etho Climate Leadership U.S. ETF 1.5 47 -8 5.6 +1.3
FCFY First Trust S&P 500 Diversified Free Cash Flow ETF 1.5 60 -21 10.1 +5.8
RFEU First Trust Riverfront Dynamic Europe ETF 1.5 83 -44 10.6 +6.3
DGT SPDR Global Dow ETF 1.5 50 -11 7.5 +3.2
EFV iShares MSCI EAFE Value ETF 1.5 34 5 9.4 +5.1
VBK Vanguard Small-Cap Growth ETF 1.5 7 32 1.9 -2.4
ECLN First Trust EIP Carbon Impact ETF 1.4 96 -57 4.1 -0.2
SDEM Global X MSCI SuperDividend Emerging Markets ETF 1.4 67 -28 13.7 +9.4
SAMT Strategas Macro Thematic Opportunities ETF 1.4 65 -26 3.1 -1.2
NUMV Nuveen ESG Mid-Cap Value ETF 1.4 31 8 7.1 +2.8
NUSC Nuveen ESG Small-Cap ETF 1.4 31 8 5.6 +1.3
BLES Inspire Global Hope ETF 1.4 61 -22 6.9 +2.6
IGF iShares Global Infrastructure ETF 1.4 41 -2 4.7 +0.4
GII SPDR S&P Global Infrastructure ETF 1.3 40 -1 4.7 +0.4
IYE iShares U.S. Energy ETF 1.3 40 -1 9.3 +5.0
IEV iShares Europe ETF 1.3 67 -28 6.9 +2.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.3 12 27 5.3 +1.0
DOL WisdomTree International LargeCap Dividend Fund 1.3 48 -9 7.5 +3.2
PSC Principal U.S. Small-Cap ETF 1.3 38 1 7.0 +2.7
DRIV Global X Autonomous & Electric Vehicles ETF 1.3 68 -29 6.6 +2.3
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 1.3 20 19 5.0 +0.7
FCA First Trust China AlphaDEX Fund 1.2 80 -41 10.1 +5.8
IGRO iShares International Dividend Growth ETF 1.2 15 24 7.3 +3.0
IVLU iShares MSCI Intl Value Factor ETF 1.2 30 9 11.0 +6.7
SPEU SPDR Portfolio Europe ETF 1.2 7 32 7.4 +3.1
IEUR iShares Core MSCI Europe ETF 1.2 11 28 7.4 +3.1
BKSE BNY Mellon US Small Cap Core Equity ETF 1.2 4 35 6.3 +2.0
XMHQ Invesco S&P MidCap Quality ETF 1.2 25 14 6.8 +2.5
DIVI Franklin International Core Dividend Tilt Index ETF 1.2 9 30 8.2 +3.9
BATT Amplify Lithium & Battery Technology ETF 1.2 59 -20 3.7 -0.6
TMFX Motley Fool Next Index ETF 1.2 50 -11 2.8 -1.5
GINN Goldman Sachs Innovate Equity ETF 1.2 52 -13 4.1 -0.2
IWO iShares Russell 2000 Growth ETF 1.2 24 15 1.4 -2.9
VGK Vanguard FTSE Europe ETF 1.2 11 28 7.4 +3.1
VTWG Vanguard Russell 2000 Growth ETF 1.2 15 24 1.5 -2.8
DMXF iShares ESG Advanced MSCI EAFE ETF 1.2 12 27 5.5 +1.2
RBLD First Trust Alerian US NextGen Infrastructure ETF 1.2 65 -26 5.1 +0.8
FIVA Fidelity International Value Factor ETF 1.2 18 21 10.5 +6.2
STXK Strive Small-Cap ETF 1.2 18 21 6.4 +2.1
DBEU Xtrackers MSCI Europe Hedged Equity ETF 1.2 46 -7 6.6 +2.3
DFSI Dimensional International Sustainability Core 1 ETF 1.2 24 15 6.6 +2.3
TPIF Timothy Plan International ETF 1.2 62 -23 6.4 +2.1
EIS iShares MSCI Israel ETF 1.1 58 -19 8.2 +3.9
BBEU JPMorgan BetaBuilders Europe ETF 1.1 9 30 7.2 +2.9
CHGX AXS Change Finance ESG ETF 1.1 49 -10 4.9 +0.6
CALF Pacer US Small Cap Cash Cows 100 ETF 1.1 59 -20 11.5 +7.2
FLEE Franklin FTSE Europe ETF 1.1 9 30 7.3 +3.0
RCGE RockCreek Global Equality ETF 1.1 95 -56 6.4 +2.1
CEFA Global X S&P Catholic Values Developed ex-US ETF 1.1 35 4 6.8 +2.5
FSST Fidelity Sustainable U.S. Equity ETF 1.1 59 -20 4.6 +0.3
ROE Astoria US Quality Kings ETF 1.1 49 -10 6.7 +2.4
FFLC Fidelity Fundamental Large Cap Core ETF 1.1 38 1 4.8 +0.5
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.1 72 -33 -0.9 -5.2
NUDM Nuveen ESG International Developed Markets Equity ETF 1.1 31 8 6.5 +2.2
FNX First Trust Mid Cap Core AlphaDEX Fund 1.1 60 -21 7.8 +3.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.0 39 0 6.7 +2.4
SSPX Janus Henderson U.S. Sustainable Equity ETF 1.0 55 -16 4.3 -0.0
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.0 9 30 4.7 +0.4
AVDE Avantis International Equity ETF 1.0 23 16 7.9 +3.6
RFDI First Trust Riverfront Dynamic Developed International ETF 1.0 83 -44 9.8 +5.5
FEP First Trust Europe AlphaDEX Fund 1.0 80 -41 9.6 +5.3
IWM iShares Russell 2000 ETF 1.0 19 20 4.7 +0.4
VTWO Vanguard Russell 2000 ETF 1.0 10 29 4.7 +0.4
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.0 64 -25 2.3 -2.0
VWID Virtus WMC International Dividend ETF 1.0 49 -10 8.9 +4.6
ESGD iShares ESG Aware MSCI EAFE ETF 1.0 20 19 7.0 +2.7
AVIV Avantis International Large Cap Value ETF 1.0 25 14 9.1 +4.8
HAPS Harbor Human Capital Factor US Small Cap ETF 1.0 60 -21 4.3 -0.0
FDLS Inspire Fidelis Multi Factor ETF 1.0 76 -37 5.1 +0.8
IQRA IQ CBRE Real Assets ETF 1.0 65 -26 5.7 +1.4
XJR iShares ESG Screened S&P Small-Cap ETF 1.0 12 27 7.6 +3.3
IDLV Invesco S&P International Developed Low Volatility ETF 1.0 25 14 6.6 +2.3
VYMI Vanguard International High Dividend Yield ETF 1.0 22 17 9.9 +5.6
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.0 15 24 5.4 +1.1
EBI Longview Advantage ETF 1.0 35 4 6.9 +2.6
XSMO Invesco S&P SmallCap Momentum ETF 1.0 39 0 5.8 +1.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.9 49 -10 7.4 +3.1
RSSL Global X Russell 2000 ETF 0.9 8 31 4.7 +0.4
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.9 20 19 6.5 +2.2
GK AdvisorShares Gerber Kawasaki ETF 0.9 75 -36 2.7 -1.6
LRGC AB US Large Cap Strategic Equities ETF 0.9 48 -9 4.8 +0.5
FGM First Trust Germany AlphaDEX Fund 0.9 80 -41 8.3 +4.0
IJS iShares S&P Small-Cap 600 Value ETF 0.9 18 21 10.5 +6.2
DISV Dimensional International Small Cap Value ETF 0.9 42 -3 9.8 +5.5
DFIC Dimensional International Core Equity 2 ETF 0.9 23 16 7.8 +3.5
WBIY WBI Power Factor High Dividend ETF 0.9 100 -61 17.1 +12.8
DWM WisdomTree International Equity Fund 0.9 48 -9 7.7 +3.4
FTC First Trust Large Cap Growth AlphaDEX Fund 0.9 59 -20 2.9 -1.4
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 0.9 35 4 9.6 +5.3
ECNS iShares MSCI China Small-Cap ETF 0.9 59 -20 10.9 +6.6
DFAI Dimensional International Core Equity Market ETF 0.9 18 21 7.5 +3.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.9 40 -1 7.7 +3.4
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.9 15 24 8.1 +3.8
ESIX SPDR S&P SmallCap 600 ESG ETF 0.9 12 27 8.6 +4.3
EFA iShares MSCI EAFE ETF 0.9 35 4 7.0 +2.7
PSCI Invesco S&P SmallCap Industrials ETF 0.9 29 10 5.8 +1.5
RGEF Rockefeller Global Equity ETF 0.9 55 -16 5.1 +0.8
IJR iShares Core S&P Small Cap ETF 0.9 6 33 8.0 +3.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.9 47 -8 5.8 +1.5
SLYV SPDR S&P 600 Small Cap Value ETF 0.9 15 24 10.5 +6.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.9 45 -6 9.2 +4.9
AVSD Avantis Responsible International Equity ETF 0.9 23 16 5.9 +1.6
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.9 15 24 10.5 +6.2
INTF iShares International Equity Factor ETF 0.8 15 24 7.9 +3.6
IJT iShares S&P Small-Cap 600 Growth ETF 0.8 18 21 5.7 +1.4
IWN iShares Russell 2000 Value ETF 0.8 24 15 8.1 +3.8
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.8 17 22 6.1 +1.8
VIOO Vanguard S&P Small-Cap 600 ETF 0.8 10 29 8.0 +3.7
VTWV Vanguard Russell 2000 Value ETF 0.8 15 24 8.1 +3.8
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.8 3 36 8.1 +3.8
FNDF Schwab Fundamental International Large Co. Index ETF 0.8 25 14 10.0 +5.7
IEFA iShares Core MSCI EAFE ETF 0.8 7 32 7.3 +3.0
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.8 15 24 5.8 +1.5
DFIV Dimensional International Value ETF 0.8 27 12 10.2 +5.9
CIL VictoryShares International Volatility Wtd ETF 0.8 45 -6 6.8 +2.5
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.8 36 3 6.7 +2.4
SLYG SPDR S&P 600 Small Cap Growth ETF 0.8 15 24 5.7 +1.4
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 0.8 59 -20 6.3 +2.0
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.8 49 -10 4.3 -0.0
HFXI IQ FTSE International Equity Currency Neutral ETF 0.8 20 19 7.3 +3.0
CGGR Capital Group Growth ETF 0.8 39 0 3.4 -0.9
PGJ Invesco Golden Dragon China ETF 0.8 70 -31 14.2 +9.9
IDEV iShares Core MSCI International Developed Markets ETF 0.8 4 35 7.3 +3.0
CRTC Xtrackers US National Critical Technologies ETF 0.8 35 4 5.1 +0.8
JHSC John Hancock Multifactor Small Cap ETF 0.8 42 -3 7.0 +2.7
DFIS Dimensional International Small Cap ETF 0.8 39 0 7.8 +3.5
STXI Strive International Developed Markets ETF 0.8 29 10 7.1 +2.8
SFYX SoFi Next 500 ETF 0.7 0 39 5.9 +1.6
GSID Goldman Sachs MarketBeta International Equity ETF 0.7 20 19 7.2 +2.9
JOET Virtus Terranova US Quality Momentum ETF 0.7 29 10 4.8 +0.5
VEA Vanguard FTSE Developed Markets ETF 0.7 5 34 7.5 +3.2
TCHI iShares MSCI China Multisector Tech ETF 0.7 59 -20 20.9 +16.6
SCHF Schwab International Equity ETF 0.7 6 33 7.6 +3.3
PTL Inspire 500 ETF 0.7 9 30 5.5 +1.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.7 65 -26 8.2 +3.9
SPDW SPDR Portfolio Developed World ex-US ETF 0.7 3 36 7.4 +3.1
AVES Avantis Emerging Markets Value ETF 0.7 36 3 12.0 +7.7
ISCG iShares Morningstar Small-Cap Growth ETF 0.7 6 33 2.9 -1.4
DFAS Dimensional U.S. Small Cap ETF 0.7 26 13 6.8 +2.5
IJJ iShares S&P Mid-Cap 400 Value ETF 0.7 18 21 9.2 +4.9
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.7 20 19 6.7 +2.4
VB Vanguard Small-Cap ETF 0.7 5 34 6.3 +2.0
SPHB Invesco S&P 500 High Beta ETF 0.7 25 14 4.9 +0.6
IWX iShares Russell Top 200 Value ETF 0.7 20 19 6.4 +2.1
MDYV SPDR S&P 400 Mid Cap Value ETF 0.7 15 24 9.2 +4.9
BKIE BNY Mellon International Equity ETF 0.7 4 35 7.3 +3.0
JSML Janus Henderson Small Cap Growth Alpha ETF 0.7 30 9 8.1 +3.8
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.7 15 24 9.2 +4.9
TPSC Timothy Plan US Small Cap Core ETF 0.7 52 -13 7.1 +2.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.7 30 9 8.4 +4.1
CWI SPDR MSCI ACWI ex-US ETF 0.7 30 9 8.0 +3.7
SCHA Schwab U.S. Small-Cap ETF 0.7 4 35 6.5 +2.2
IQSI IQ Candriam International Equity ETF 0.7 15 24 6.7 +2.4
BIBL Inspire 100 ETF 0.6 35 4 5.3 +1.0
USXF iShares ESG Advanced MSCI USA ETF 0.6 10 29 4.8 +0.5
RZV Invesco S&P Smallcap 600 Pure Value ETF 0.6 35 4 11.4 +7.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.6 20 19 7.1 +2.8
FNDA Schwab Fundamental US Small Co. Index ETF 0.6 25 14 8.2 +3.9
AIRR First Trust RBA American Industrial Renaissance ETF 0.6 70 -31 5.8 +1.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.6 25 14 7.4 +3.1
DEW WisdomTree Global High Dividend Fund 0.6 58 -19 8.8 +4.5
SCHC Schwab International Small-Cap Equity ETF 0.6 11 28 7.1 +2.8
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.6 7 32 7.1 +2.8
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.6 24 15 7.7 +3.4
FESM Fidelity Enhanced Small Cap ETF 0.6 28 11 8.1 +3.8
AIEQ AI Powered Equity ETF 0.6 75 -36 5.3 +1.0
ISCB iShares Morningstar Small-Cap ETF 0.6 4 35 6.3 +2.0
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.6 35 4 8.1 +3.8
MGK Vanguard Mega Cap Growth ETF 0.6 7 32 4.2 -0.1
ACWX iShares MSCI ACWI ex U.S. ETF 0.6 34 5 8.0 +3.7
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.6 10 29 4.5 +0.2
IXUS iShares Core MSCI Total International Stock ETF 0.6 7 32 8.2 +3.9
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.6 30 9 7.1 +2.8
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.6 10 29 4.5 +0.2
HLAL Wahed FTSE USA Shariah ETF 0.6 50 -11 5.0 +0.7
EFAV iShares MSCI EAFE Min Vol Factor ETF 0.6 22 17 5.8 +1.5
VXUS Vanguard Total International Stock ETF 0.6 7 32 8.2 +3.9
NULV Nuveen ESG Large-Cap Value ETF 0.6 26 13 6.4 +2.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.6 39 0 8.6 +4.3
GVLU Gotham 1000 Value ETF 0.6 50 -11 9.1 +4.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.6 39 0 10.0 +5.7
TTAI FCF International Quality ETF 0.6 59 -20 7.1 +2.8
EFRA iShares Environmental Infrastructure and Industrials ETF 0.6 47 -8 5.2 +0.9
VEU Vanguard FTSE All-World ex-US Index Fund 0.6 8 31 8.4 +4.1
DWMF WisdomTree International Multifactor Fund 0.6 38 1 7.0 +2.7
DFE WisdomTree Europe SmallCap Dividend Fund 0.5 58 -19 8.2 +3.9
ISMD Inspire Small/Mid Cap ETF 0.5 54 -15 6.1 +1.8
COPY Tweedy, Browne Insider + Value ETF 0.5 80 -41 12.6 +8.3
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.5 35 4 4.3 +0.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.5 41 -2 7.7 +3.4
ISCV iShares Morningstar Small Cap Value ETF 0.5 6 33 9.7 +5.4
IWD iShares Russell 1000 Value ETF 0.5 19 20 6.6 +2.3
VONV Vanguard Russell 1000 Value ETF 0.5 8 31 6.7 +2.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.5 29 10 8.1 +3.8
SHUS Syntax Stratified U.S. Total Market Hedged ETF 0.5 65 -26 6.4 +2.1
SSPY Syntax Stratified LargeCap ETF 0.5 30 9 6.7 +2.4
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.5 18 21 8.0 +3.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.5 39 0 6.9 +2.6
FUTY Fidelity MSCI Utilities Index ETF 0.5 8 31 5.3 +1.0
BFOR ALPS Barron's 400 ETF 0.5 65 -26 6.1 +1.8
FNK First Trust Mid Cap Value AlphaDEX Fund 0.5 70 -31 11.7 +7.4
VPU Vanguard Utilities ETF 0.5 10 29 5.3 +1.0
SFY SoFi Select 500 ETF 0.5 0 39 4.6 +0.3
WCEO Hypatia Women CEO ETF 0.5 85 -46 4.8 +0.5
VUG Vanguard Growth ETF 0.5 4 35 4.1 -0.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 30 6.1 +1.8
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 0.5 80 -41 5.5 +1.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.5 39 0 6.2 +1.9
IVW iShares S&P 500 Growth ETF 0.5 18 21 4.2 -0.1
SPYG SPDR Portfolio S&P 500 Growth ETF 0.5 4 35 4.3 -0.0
VOOG Vanguard S&P 500 Growth ETF 0.5 10 29 4.2 -0.1
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.5 32 7 18.4 +14.1
FDMO Fidelity Momentum Factor ETF 0.5 15 24 3.9 -0.4
DFNV Donoghue Forlines Innovation ETF 0.5 69 -30 4.4 +0.1
FYC First Trust Small Cap Growth AlphaDEX Fund 0.5 71 -32 0.5 -3.8
IUSG iShares Core S&P U.S. Growth ETF 0.5 4 35 4.4 +0.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.4 12 27 4.7 +0.4
FENI Fidelity Enhanced International ETF 0.4 28 11 6.9 +2.6
TOK iShares MSCI Kokusai ETF 0.4 26 13 5.3 +1.0
USMF WisdomTree U.S. Multifactor Fund 0.4 28 11 6.7 +2.4
WLDR Affinity World Leaders Equity ETF 0.4 67 -28 7.9 +3.6
OBOR KraneShares MSCI One Belt One Road Index ETF 0.4 79 -40 8.9 +4.6
UEVM VictoryShares Emerging Markets Value Momentum ETF 0.4 45 -6 10.7 +6.4
IEUS iShares MSCI Europe Small-Cap ETF 0.4 42 -3 7.4 +3.1
EZM WisdomTree U.S. MidCap Fund 0.4 38 1 9.4 +5.1
VXF Vanguard Extended Market ETF 0.4 6 33 5.0 +0.7
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.4 45 -6 4.7 +0.4
URTH iShares MSCI World ETF 0.4 24 15 5.4 +1.1
MDY SPDR S&P Midcap 400 ETF Trust 0.4 24 15 7.4 +3.1
JHMM John Hancock Multifactor Mid Cap ETF 0.4 42 -3 6.5 +2.2
HKND Humankind US Stock ETF 0.4 11 28 7.4 +3.1
IJH iShares Core S&P Mid-Cap ETF 0.4 5 34 7.6 +3.3
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.4 95 -56 0.6 -3.7
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.4 15 24 7.5 +3.2
KLMT Invesco MSCI Global Climate 500 ETF 0.4 10 29 6.0 +1.7
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.4 25 14 8.2 +3.9
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.4 52 -13 5.5 +1.2
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.4 58 -19 5.4 +1.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.4 9 30 6.2 +1.9
IVOO Vanguard S&P Mid-Cap 400 ETF 0.4 10 29 7.6 +3.3
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.4 3 36 7.6 +3.3
EGUS iShares ESG Aware MSCI USA Growth ETF 0.4 18 21 4.2 -0.1
GVUS Marketbeta Russell 1000 Value Equity ETF 0.4 12 27 6.7 +2.4
AVSC Avantis U.S Small Cap Equity ETF 0.4 25 14 6.3 +2.0
SQLV Royce Quant Small-Cap Quality Value ETF 0.4 60 -21 10.0 +5.7
DFSV Dimensional US Small Cap Value ETF 0.4 31 8 10.8 +6.5
GWX SPDR S&P International Small Cap ETF 0.4 40 -1 6.7 +2.4
SCZ iShares MSCI EAFE Small-Cap ETF 0.4 40 -1 7.4 +3.1
VT Vanguard Total World Stock ETF 0.4 7 32 6.2 +1.9
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.4 80 -41 12.3 +8.0
VLUE iShares MSCI USA Value Factor ETF 0.4 15 24 10.2 +5.9
JPIN J.P. Morgan Diversified Return International Equity ETF 0.4 37 2 8.8 +4.5
ESGG FlexShares STOXX Global ESG Select Index Fund 0.4 42 -3 5.6 +1.3
IMCG iShares Morningstar Mid-Cap Growth ETF 0.4 6 33 4.1 -0.2
ACWI iShares MSCI ACWI ETF 0.4 32 7 5.8 +1.5
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 19 6.5 +2.2
SMLF iShares U.S. SmallCap Equity Factor ETF 0.4 15 24 6.5 +2.2
KOKU Xtrackers MSCI Kokusai Equity ETF 0.4 9 30 5.4 +1.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.4 25 14 7.3 +3.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.4 4 35 6.3 +2.0
EES WisdomTree U.S. SmallCap Fund 0.4 38 1 9.3 +5.0
XMAG Defiance Large Cap ex-Mag 7 ETF 0.4 35 4 5.3 +1.0
STXG Strive 1000 Growth ETF 0.4 18 21 4.0 -0.3
SIZE iShares MSCI USA Size Factor ETF 0.4 15 24 5.9 +1.6
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.4 14 25 6.4 +2.1
FQAL Fidelity Quality Factor ETF 0.4 15 24 5.7 +1.4
SUSA iShares MSCI USA ESG Select ETF 0.4 25 14 4.9 +0.6
EUSA iShares MSCI USA Equal Weighted ETF 0.4 9 30 6.2 +1.9
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.4 39 0 6.1 +1.8
JMOM JPMorgan U.S. Momentum Factor ETF 0.4 12 27 4.6 +0.3
FEX First Trust Large Cap Core AlphaDEX Fund 0.4 59 -20 6.2 +1.9
DEM WisdomTree Emerging Markets High Dividend Fund 0.4 63 -24 13.5 +9.2
CARZ First Trust NASDAQ Global Auto Index Fund 0.3 70 -31 6.0 +1.7
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.3 9 30 5.0 +0.7
FTEC Fidelity MSCI Information Technology Index ETF 0.3 8 31 4.3 -0.0
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.3 19 20 6.2 +1.9
DIHP Dimensional International High Profitability ETF 0.3 29 10 7.3 +3.0
VGT Vanguard Information Technology ETF 0.3 10 29 4.3 -0.0
ISCF iShares International SmallCap Equity Factor ETF 0.3 23 16 8.7 +4.4
GLOF iShares Global Equity Factor ETF 0.3 20 19 6.9 +2.6
ILCG iShares Morningstar Growth ETF 0.3 4 35 3.9 -0.4
DLS WisdomTree International SmallCap Dividend Fund 0.3 58 -19 8.7 +4.4
HAPI Harbor Human Capital Factor US Large Cap ETF 0.3 36 3 5.0 +0.7
DSPY Tema S&P 500 Historical Weight ETF 0.3 18 21 5.3 +1.0
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -50 4.5 +0.2
DON WisdomTree U.S. MidCap Dividend Fund 0.3 38 1 8.9 +4.6
CATH Global X S&P 500 Catholic Values Custom ETF 0.3 29 10 4.9 +0.6
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.3 24 15 8.2 +3.9
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.3 20 19 6.1 +1.8
DIM WisdomTree International MidCap Dividend Fund 0.3 58 -19 7.8 +3.5
XVV iShares ESG Screened S&P 500 ETF 0.3 8 31 5.1 +0.8
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.3 15 24 5.1 +0.8
RAYD Rayliant Quantitative Developed Market Equity ETF 0.3 80 -41 4.6 +0.3
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.3 7 32 6.3 +2.0
DFUS Dimensional U.S. Equity ETF 0.3 9 30 5.1 +0.8
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 36 5.1 +0.8
VTI Vanguard Total Stock Market ETF 0.3 3 36 5.1 +0.8
GLBL Pacer MSCI World Industry Advantage ETF 0.3 65 -26 4.5 +0.2
AIVI WisdomTree International AI Enhanced Value Fund 0.3 58 -19 7.4 +3.1
RODE Hartford Multifactor Diversified International ETF 0.3 29 10 11.0 +6.7
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.3 3 36 5.4 +1.1
IWV iShares Russell 3000 ETF 0.3 20 19 5.0 +0.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 19 5.9 +1.6
VTHR Vanguard Russell 3000 ETF 0.3 10 29 5.1 +0.8
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.3 20 19 4.9 +0.6
EFG iShares MSCI EAFE Growth ETF 0.3 36 3 4.4 +0.1
NULC Nuveen ESG Large-Cap ETF 0.3 21 18 4.9 +0.6
MGC Vanguard Mega Cap ETF 0.3 7 32 4.9 +0.6
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.3 60 -21 2.1 -2.2
IVV iShares Core S&P 500 ETF 0.3 3 36 5.2 +0.9
VOO Vanguard S&P 500 ETF 0.3 3 36 5.2 +0.9
SPLG SPDR Portfolio S&P 500 ETF 0.3 2 37 5.2 +0.9
SPY SPDR S&P 500 ETF Trust 0.3 9 30 5.1 +0.8
IYY iShares Dow Jones U.S. ETF 0.3 20 19 5.0 +0.7
NIXT Research Affiliates Deletions ETF 0.3 9 30 5.8 +1.5
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 14 6.0 +1.7
IWL iShares Russell Top 200 ETF 0.3 15 24 4.9 +0.6
DFAU Dimensional US Core Equity Market ETF 0.3 12 27 5.3 +1.0
ILCB iShares Morningstar U.S. Equity ETF 0.3 3 36 5.1 +0.8
DFAT Dimensional U.S. Targeted Value ETF 0.3 28 11 10.0 +5.7
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.3 14 25 5.1 +0.8
SPXN ProShares S&P 500 Ex-Financials ETF 0.3 9 30 5.2 +0.9
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.3 15 24 6.1 +1.8
STRV Strive 500 ETF 0.3 5 34 5.0 +0.7
IWB iShares Russell 1000 ETF 0.3 15 24 5.1 +0.8
VONE Vanguard Russell 1000 ETF 0.3 8 31 5.2 +0.9
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.3 35 4 20.5 +16.2
TOV JLens 500 Jewish Advocacy U.S. ETF 0.3 18 21 4.9 +0.6
GXC SPDR S&P China ETF 0.3 59 -20 17.0 +12.7
XLK Technology Select Sector SPDR Fund 0.3 8 31 4.8 +0.5
FELV Fidelity Enhanced Large Cap Value ETF 0.3 18 21 6.9 +2.6
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 17 22 5.8 +1.5
RVRB Reverb ETF 0.2 30 9 4.8 +0.5
VV Vanguard Large-Cap ETF 0.2 4 35 5.1 +0.8
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.2 80 -41 8.1 +3.8
EPP iShares MSCI Pacific ex-Japan ETF 0.2 47 -8 5.5 +1.2
SPXT ProShares S&P 500 Ex-Technology ETF 0.2 9 30 5.7 +1.4
VFMV Vanguard U.S. Minimum Volatility ETF 0.2 13 26 5.7 +1.4
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.2 35 4 7.1 +2.8
CFA VictoryShares US 500 Volatility Wtd ETF 0.2 35 4 5.9 +1.6
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.2 40 -1 5.9 +1.6
QGRO American Century U.S. Quality Growth ETF 0.2 29 10 3.5 -0.8
SPXV ProShares S&P 500 Ex-Health Care ETF 0.2 9 30 4.9 +0.6
DCOR Dimensional US Core Equity 1 ETF 0.2 14 25 5.6 +1.3
VLU SPDR S&P 1500 Value Tilt ETF 0.2 12 27 7.8 +3.5
DFUV Dimensional US Marketwide Value ETF 0.2 22 17 8.0 +3.7
IGM iShares Expanded Tech Sector ETF 0.2 41 -2 4.2 -0.1
IWP iShares Russell Mid-Cap Growth ETF 0.2 23 16 3.4 -0.9
DFSU Dimensional US Sustainability Core 1 ETF 0.2 18 21 5.6 +1.3
DTAN Sparkline International Intangible Value ETF 0.2 55 -16 8.4 +4.1
SPXE ProShares S&P 500 Ex-Energy ETF 0.2 9 30 5.0 +0.7
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 28 5.1 +0.8
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.2 15 24 8.2 +3.9
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 24 5.0 +0.7
AVUS Avantis U.S. Equity ETF 0.2 15 24 6.1 +1.8
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.2 75 -36 4.2 -0.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 37 5.2 +0.9
IWR iShares Russell Midcap ETF 0.2 19 20 5.9 +1.6
OALC OneAscent Large Cap Core ETF 0.2 86 -47 4.3 0.0
INEQ Columbia International Equity Income ETF 0.2 45 -6 8.7 +4.4
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.2 29 10 8.9 +4.6
IWS iShares Russell Mid-Cap Value ETF 0.2 23 16 6.9 +2.6
JGRO JPMorgan Active Growth ETF 0.2 44 -5 3.6 -0.7
FLCH Franklin FTSE China ETF 0.2 19 20 17.4 +13.1
STXM Strive Mid-Cap ETF 0.2 18 21 6.5 +2.2
IMCB iShares Morningstar Mid-Cap ETF 0.2 4 35 6.1 +1.8
UMMA Wahed Dow Jones Islamic World ETF 0.2 65 -26 5.3 +1.0
VOT Vanguard Mid-Cap Growth ETF 0.2 7 32 3.6 -0.7
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 9 6.2 +1.9
EIPX FT Energy Income Partners Strategy ETF 0.2 95 -56 7.8 +3.5
ACVF American Conservative Values ETF 0.2 75 -36 4.5 +0.2
QINT American Century Quality Diversified International ETF 0.2 39 0 7.6 +3.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.2 15 24 4.8 +0.5
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 39 5.1 +0.8
VOTE TCW Transform 500 ETF 0.2 5 34 5.1 +0.8
VSGX Vanguard ESG International Stock ETF 0.2 12 27 8.0 +3.7
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.2 70 -31 7.9 +3.6
ILCV iShares Morningstar Value ETF 0.2 4 35 6.8 +2.5
FYX First Trust Small Cap Core AlphaDEX Fund 0.2 61 -22 6.6 +2.3
JHML John Hancock Multifactor Large Cap ETF 0.2 29 10 5.5 +1.2
ONEQ Fidelity Nasdaq Composite Index ETF 0.2 21 18 4.0 -0.3
FBCG Fidelity Blue Chip Growth ETF 0.2 59 -20 3.1 -1.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.2 19 20 6.5 +2.2
EWC iShares MSCI Canada ETF 0.2 50 -11 6.5 +2.2
IMFL Invesco International Developed Dynamic Multifactor ETF 0.2 34 5 6.0 +1.7
XJH iShares ESG Screened S&P Mid-Cap ETF 0.2 12 27 7.3 +3.0
DFLV Dimensional US Large Cap Value ETF 0.2 22 17 8.2 +3.9
MCHI iShares MSCI China ETF 0.2 59 -20 18.3 +14.0
ONEO SPDR Russell 1000 Momentum Focus ETF 0.2 20 19 7.1 +2.8
IDU iShares U.S. Utilities ETF 0.2 40 -1 4.7 +0.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.2 7 32 5.1 +0.8
FMDE Fidelity Enhanced Mid Cap ETF 0.2 23 16 5.9 +1.6
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 0 9.8 +5.5
TTAC FCF US Quality ETF 0.2 59 -20 6.2 +1.9
FAB First Trust Multi Cap Value AlphaDEX Fund 0.2 67 -28 10.5 +6.2
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.2 80 -41 15.1 +10.8
AVEM Avantis Emerging Markets Equity ETF 0.2 33 6 9.4 +5.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.1 38 1 9.9 +5.6
IXN iShares Global Tech ETF 0.1 41 -2 4.1 -0.2
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.1 18 21 5.6 +1.3
IJK iShares S&P Mid-Cap 400 Growth ETF 0.1 17 22 6.0 +1.7
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.1 19 20 5.3 +1.0
VEGN US Vegan Climate ETF 0.1 60 -21 4.6 +0.3
IOO iShares Global 100 ETF 0.1 41 -2 5.2 +0.9
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.1 15 24 6.0 +1.7
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -26 8.2 +3.9
THRO iShares U.S. Thematic Rotation Active ETF 0.1 90 -51 4.1 -0.2
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.1 15 24 6.0 +1.7
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 24 6.3 +2.0
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 15 8.0 +3.7
FSMD Fidelity Small-Mid Multifactor ETF 0.1 15 24 7.3 +3.0
KALL KraneShares MSCI All China Index ETF 0.1 49 -10 14.9 +10.6
APUE ActivePassive U.S. Equity ETF 0.1 45 -6 4.9 +0.6
PXH Invesco FTSE RAFI Emerging Markets ETF 0.1 49 -10 16.6 +12.3
WOMN Impact Shares YWCA Women's Empowerment ETF 0.1 75 -36 5.3 +1.0
HLGE Hartford Longevity Economy ETF 0.1 44 -5 6.4 +2.1
AFMC First Trust Active Factor Mid Cap ETF 0.1 65 -26 8.7 +4.4
DFEV Dimensional Emerging Markets Value ETF 0.1 43 -4 14.0 +9.7
VBR Vanguard Small Cap Value ETF 0.1 7 32 9.4 +5.1
EPS WisdomTree U.S. LargeCap Fund 0.1 8 31 6.0 +1.7
FBCV Fidelity Blue Chip Value ETF 0.1 59 -20 7.5 +3.2
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.1 25 14 6.0 +1.7
JVAL JPMorgan U.S. Value Factor ETF 0.1 12 27 8.6 +4.3
DFAE Dimensional Emerging Core Equity Market ETF 0.1 35 4 10.0 +5.7
GMF SPDR S&P Emerging Asia Pacific ETF 0.1 49 -10 9.9 +5.6
USMV iShares MSCI USA Min Vol Factor ETF 0.1 15 24 5.5 +1.2
IQLT iShares MSCI Intl Quality Factor ETF 0.1 30 9 6.3 +2.0
FLAG Global X S&P 500 U.S. Market Leaders Top 50 ETF 0.1 29 10 6.5 +2.2
VFMO Vanguard U.S. Momentum Factor ETF 0.1 13 26 3.2 -1.1
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.1 47 -8 9.8 +5.5
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 22 7.0 +2.7
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 24 8.5 +4.2
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 30 4.9 +0.6
IPAC iShares Core MSCI Pacific ETF 0.1 9 30 7.0 +2.7
VPL Vanguard FTSE Pacific ETF 0.1 8 31 7.5 +3.2
ONEY SPDR Russell 1000 Yield Focus ETF 0.1 20 19 9.8 +5.5
IUSV iShares Core S&P US Value ETF 0.1 4 35 6.7 +2.4
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 21 6.9 +2.6
DSI iShares MSCI KLD 400 Social ETF 0.1 25 14 5.1 +0.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 3 10.2 +5.9
VFMF Vanguard U.S. Multifactor ETF 0.1 18 21 8.3 +4.0
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 -3 4.9 +0.6
SCHG Schwab U.S. Large-Cap Growth ETF 0.1 4 35 4.1 -0.2
VO Vanguard Mid-Cap ETF 0.1 4 35 5.9 +1.6
GSPY Gotham Enhanced 500 ETF 0.1 50 -11 5.5 +1.2
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 10 6.7 +2.4
FLAX Franklin FTSE Asia Ex Japan ETF 0.1 19 20 9.8 +5.5
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 24 5.8 +1.5
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 28 10.4 +6.1
SCHB Schwab U.S. Broad Market ETF 0.1 3 36 5.2 +0.9
VWO Vanguard FTSE Emerging Markets ETF 0.1 8 31 10.9 +6.6
FELC Fidelity Enhanced Large Cap Core ETF 0.1 18 21 5.4 +1.1
JHEM John Hancock Multifactor Emerging Markets ETF 0.1 49 -10 10.5 +6.2
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 -19 9.9 +5.6
DFVX Dimensional US Large Cap Vector ETF 0.1 22 17 6.5 +2.2
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 32 10.8 +6.5
BKF iShares MSCI BIC ETF 0.1 69 -30 13.4 +9.1
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 30 10.8 +6.5
STXV Strive 1000 Value ETF 0.1 18 21 8.3 +4.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 30 5.4 +1.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.1 47 -8 8.6 +4.3
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.1 41 -2 9.4 +5.1
EEMA iShares MSCI Emerging Markets Asia ETF 0.1 49 -10 10.6 +6.3
SCHE Schwab Emerging Markets Equity ETF 0.1 11 28 11.5 +7.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.1 70 -31 9.7 +5.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.1 18 21 7.8 +3.5
VOOV Vanguard S&P 500 Value ETF 0.1 10 29 6.5 +2.2
VFVA Vanguard U.S. Value Factor ETF 0.1 13 26 11.5 +7.2
IVE iShares S&P 500 Value ETF 0.1 18 21 6.4 +2.1
SPYV SPDR Portfolio S&P 500 Value ETF 0.1 4 35 6.5 +2.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.1 30 9 10.7 +6.4
SUSL iShares ESG MSCI USA Leaders ETF 0.1 10 29 5.1 +0.8
EEM iShares MSCI Emerging Markets ETF 0.1 69 -30 10.6 +6.3
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 28 5.3 +1.0
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.1 10 29 5.1 +0.8
SNPV Xtrackers S&P 500 Value ESG ETF 0.1 15 24 7.0 +2.7
DFJ WisdomTree Japan SmallCap Dividend Fund 0.1 58 -19 8.5 +4.2
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -27 10.3 +6.0
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 24 10.7 +6.4
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 14 10.5 +6.2
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 14 7.4 +3.1
EMLP First Trust North American Energy Infrastructure Fund 0.0 95 -56 5.3 +1.0
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.0 8 31 5.2 +0.9
SCHK Schwab 1000 Index ETF 0.0 5 34 5.3 +1.0
SCHX Schwab U.S. Large-Cap ETF 0.0 3 36 5.2 +0.9
SMMD iShares Russell 2500 ETF 0.0 15 24 6.6 +2.3
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 0 7.1 +2.8
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 19 5.3 +1.0
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.0 7 32 5.2 +0.9
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 27 4.6 +0.3
IMTM iShares MSCI Intl Momentum Factor ETF 0.0 30 9 5.5 +1.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 -20 12.2 +7.9
EMXF iShares ESG Advanced MSCI EM ETF 0.0 16 23 8.5 +4.2
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.0 58 -19 8.2 +3.9
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.0 20 19 7.6 +3.3
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.0 25 14 5.3 +1.0
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.0 60 -21 7.3 +3.0
AVLV Avantis U.S. Large Cap Value ETF 0.0 15 24 8.0 +3.7
ROUS Hartford Multifactor US Equity ETF 0.0 19 20 7.2 +2.9
HEDJ WisdomTree Europe Hedged Equity Fund 0.0 58 -19 6.4 +2.1
REVS Columbia Research Enhanced Value ETF 0.0 19 20 7.9 +3.6
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.0 32 7 9.5 +5.2
RWL Invesco S&P 500 Revenue ETF 0.0 39 0 6.9 +2.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 10 6.6 +2.3
PBUS Invesco MSCI USA ETF 0.0 4 35 5.1 +0.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.0 30 9 10.1 +5.8
IWF iShares Russell 1000 Growth ETF 0.0 19 20 4.5 +0.2
VONG Vanguard Russell 1000 Growth ETF 0.0 8 31 4.6 +0.3
DEHP Dimensional Emerging Markets High Profitability ETF 0.0 41 -2 7.0 +2.7
IUS Invesco RAFI Strategic US ETF 0.0 19 20 6.9 +2.6
EEMO Invesco S&P Emerging Markets Momentum ETF 0.0 29 10 6.7 +2.4
MODL VictoryShares WestEnd U.S. Sector ETF 0.0 42 -3 4.7 +0.4
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 -10 5.8 +1.5
RECS Columbia Research Enhanced Core ETF 0.0 15 24 6.1 +1.8
XC WisdomTree Emerging Markets Ex-China Fund 0.0 32 7 6.1 +1.8
DIVB iShares Core Dividend ETF 0.0 5 34 7.9 +3.6
APIE ActivePassive International Equity ETF 0.0 45 -6 7.6 +3.3
SCJ iShares MSCI Japan Small-Cap ETF 0.0 50 -11 7.3 +3.0
VYM Vanguard High Dividend Yield Index ETF 0.0 6 33 7.4 +3.1
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 11 6.5 +2.2
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.0 50 -11 11.8 +7.5
AVDV Avantis International Small Cap Value ETF 0.0 36 3 10.6 +6.3
TXS Texas Capital Texas Equity Index ETF 0.0 49 -10 5.8 +1.5
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 14 7.4 +3.1

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

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

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 5.7 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 39 bp
Equals: ALTAR Score 4.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.63 CATEGORY
AVERAGE		 1.55
 
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.