First Trust Nasdaq Oil & Gas ETF
ALTAR
Score™		 12.4% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 13.3x P/Sales
ratio		 1.3x
P/BV
ratio		 1.6x Div.
yield		 3.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The First Trust Nasdaq Oil & Gas ETF tracks an index composed of 50 U.S. oil and gas companies. Holdings are selected by their liquidity, and weighted based on volatility, value, and growth factors.

FUND BASICS
Category US Equities
Fund Sponsor First Trust
Website www.ftportfolios.com
Inception date Sep 20, 2016
Assets (mns) $107
Currency USD
Expense ratio 60 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 42
Wgt avg mkt cap (mns) $97,198
Large cap (>$10bn) 82.4%
Mid cap ($2-10bn) 14.2%
Small cap (<$2bn) 3.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
EXXON MOBIL CORP 8.2 %
CHEVRON CORP 7.7 %
CONOCOPHILLIPS 7.3 %
OCCIDENTAL PETROLEUM CORP 6.3 %
EOG RESOURCES, INC. 5.3 %
MARATHON PETROLEUM 4.1 %
DIAMONDBACK ENERGY INC 4.0 %
DEVON ENERGY CORPORATION 3.9 %
SCHLUMBERGER LTD 3.7 %
KINDER MORGAN INC 3.4 %
Total 54.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.1 %
SWITZERLAND 0.6 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-4.0% -4.8% 27.2% -- 5.7%

Market Correlations
versus... Beta R-squared
S&P500 0.58 16%
MSCI EAFE 0.44 12%
MSCI Emg. Mkts. 0.22 4%

Technical Indicators
Recent close $27.73
30d moving avg. $27.57
Annualized volatility 18.4%
Short interest (ETF) 0.0%
Short interest (Underlying) 5.5%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 14
Turnover 0.4%
Bid/Ask (% of price) 0.06%
ADV underlying (mns) $7,274

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 697 potential alternatives to the First Trust Nasdaq Oil & Gas ETF ETF based on the alternatives' overlap in portfolio holdings with FTXN. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FTXN Expense: 60 bp ALTAR Score™: 12.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FTXN
Ticker Fund
Name		 Overlap1
vs FTXN
(%)		 Expense
ratio
(bp)		 Savings
vs FTXN
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FTXN
(%)
RSPG Invesco S&P 500 Equal Weight Energy ETF 69.1 40 20 11.3 -1.1
IYE iShares U.S. Energy ETF 68.4 40 20 9.1 -3.4
XLE The Energy Select Sector SPDR Fund 67.2 8 52 9.2 -3.2
FENY Fidelity MSCI Energy Index ETF 65.9 8 52 9.2 -3.2
VDE Vanguard Energy ETF 65.9 9 51 9.1 -3.3
GXPE Global X PureCap MSCI Energy ETF 64.6 25 35 8.9 -3.6
FXN First Trust Energy AlphaDEX Fund 60.3 62 -2 15.4 +2.9
DRLL Strive U.S. Energy ETF 54.6 41 19 10.4 -2.0
IGE iShares North American Natural Resources ETF 49.6 41 19 7.7 -4.8
IXC iShares Global Energy ETF 46.9 44 16 10.0 -2.5
IEO iShares U.S. Oil & Gas Exploration & Production ETF 46.4 40 20 13.7 +1.3
XOP State Street SPDR S&P Oil & Gas Exploration & Production ETF 44.6 35 25 14.8 +2.4
PXI Invesco Dorsey Wright Energy Momentum ETF 43.7 60 0 7.0 -5.5
LNGX Global X U.S. Natural Gas ETF 41.9 45 15 13.4 +0.9
FCG First Trust Natural Gas ETF 39.1 60 0 18.8 +6.4
PXE Invesco Energy Exploration & Production ETF 34.5 60 0 16.5 +4.1
NANR SPDR S&P North American Natural Resources ETF 33.8 35 25 8.3 -4.2
TEXN iShares Texas Equity ETF 30.0 20 40 6.4 -6.1
NVIR Horizon Kinetics Energy and Remediation ETF 28.4 85 -25 6.8 -5.6
EQRR ProShares Equities for Rising Rates ETF 27.0 35 25 8.3 -4.1
EIPI FT Energy Income Partners Enhanced Income ETF 24.2 110 -50 7.1 -5.4
FDL First Trust Morningstar Dividend Leaders Index Fund 23.7 45 15 11.0 -1.4
EIPX FT Energy Income Partners Strategy ETF 23.4 95 -35 8.3 -4.1
VFLO VictoryShares Free Cash Flow ETF 22.7 39 21 10.6 -1.8
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 22.6 55 5 6.4 -6.0
AVIE Avantis  Inflation Focused Equity ETF 22.1 25 35 7.2 -5.2
SMRI Bushido Capital US Equity ETF 21.8 71 -11 10.5 -1.9
HDV iShares Core High Dividend ETF 21.3 8 52 7.2 -5.3
USCF Themes US Cash Flow Champions ETF 21.2 29 31 8.8 -3.6
LGCF Themes US Cash Flow Champions ETF 20.7 30 30 8.4 -4.0
SCHD Schwab US Dividend Equity ETF 19.6 6 54 10.3 -2.1
HAP VanEck Natural Resources ETF 17.8 50 10 9.1 -3.3
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 17.4 60 0 8.4 -4.1
SPVU Invesco S&P 500 Enhanced Value ETF 17.2 13 47 10.4 -2.0
FTWO Strive FAANG 2.0 ETF 17.1 49 11 4.6 -7.9
FTDS First Trust Dividend Strength ETF 17.1 70 -10 8.9 -3.5
TXS Texas Capital Texas Equity Index ETF 16.8 49 11 6.2 -6.2
TPHD Timothy Plan High Dividend Stock ETF 16.7 52 8 7.4 -5.0
TPHE Timothy Plan High Dividend Stock Enhanced ETF 16.6 54 6 7.3 -5.1
FLOW Global X U.S. Cash Flow Kings 100 ETF 16.3 25 35 13.0 +0.6
QDIV Global X S&P 500 Quality Dividend ETF 16.1 20 40 9.3 -3.1
DURA VanEck Durable High Dividend ETF 15.8 29 31 7.5 -4.9
COWZ Pacer US Cash Cows 100 ETF 15.8 49 11 8.9 -3.5
AMZA InfraCap MLP ETF 15.7 164 -104 8.2 -4.2
EINC VanEck Energy Income ETF 15.7 48 12 5.8 -6.6
MLPX Global X MLP & Energy Infrastructure ETF 15.7 45 15 6.0 -6.4
USAI Pacer American Energy Independence ETF 15.7 75 -15 5.0 -7.5
TPYP Tortoise North American Pipeline Fund 15.4 40 20 6.0 -6.4
ENFR Alerian Energy Infrastructure ETF 15.2 35 25 6.2 -6.2
PWV Invesco Large Cap Value ETF 15.2 55 5 7.7 -4.8
BESF Bastion Energy ETF 15.1 80 -20 6.2 -6.2
UMI USCF Midstream Energy Income Fund ETF 15.0 85 -25 5.8 -6.7
DIVN Horizon Dividend Income ETF 14.8 70 -10 8.1 -4.3
EQIN Columbia US Equity Income ETF 14.4 35 25 6.9 -5.5
IVRA Invesco Real Assets ESG ETF 14.2 59 1 6.6 -5.9
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF 14.0 59 1 4.8 -7.6
SURE AdvisorShares Insiders Advantage ETF 13.8 90 -30 10.2 -2.3
FTA First Trust Large Cap Value AlphaDEX Fund 13.4 59 1 9.3 -3.2
GNR SPDR S&P Global Natural Resources ETF 13.3 40 20 10.7 -1.8
SFGV Sequoia Global Value ETF 13.2 23 37 0.0 -12.4
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 13.2 46 14 5.7 -6.7
RDIV Invesco S&P Ultra Dividend Revenue ETF 12.9 39 21 12.1 -0.3
DFLV Dimensional US Large Cap Value ETF 12.9 22 38 7.9 -4.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 12.9 46 14 9.8 -2.6
MAGA Point Bridge America First ETF 12.7 72 -12 6.6 -5.8
DGLO First Trust RBA Deglobalization ETF 12.5 70 -10 7.2 -5.3
AVLV Avantis U.S. Large Cap Value ETF 12.4 15 45 8.2 -4.3
DHS WisdomTree U.S. High Dividend Fund 12.2 38 22 8.3 -4.1
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF 12.2 35 25 7.9 -4.5
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF 12.1 38 22 7.9 -4.5
PY Principal Value ETF 11.5 15 45 7.5 -4.9
IGF iShares Global Infrastructure ETF 10.8 41 19 4.7 -7.7
GII SPDR S&P Global Infrastructure ETF 10.8 40 20 4.7 -7.7
SHRY First Trust Bloomberg Shareholder Yield ETF 10.7 60 0 11.0 -1.4
IEZ iShares U.S. Oil Equipment & Services ETF 10.6 40 20 4.1 -8.3
XES State Street SPDR S&P Oil & Gas Equipment & Services ETF 10.6 35 25 2.2 -10.3
EMLP First Trust North American Energy Infrastructure Fund 10.6 95 -35 5.9 -6.5
SPDV AAM S&P 500 High Dividend Value ETF 10.5 29 31 12.5 +0.1
IMCV iShares Morningstar Mid-Cap Value ETF 10.4 6 54 8.5 -3.9
BGIG Bahl & Gaynor Income Growth ETF 10.3 45 15 5.3 -7.2
DFUV Dimensional US Marketwide Value ETF 10.3 22 38 7.8 -4.7
SDOG ALPS Sector Dividend Dogs ETF 10.2 36 24 10.0 -2.4
VOE Vanguard Mid-Cap Value ETF 10.2 7 53 8.1 -4.3
PXJ Invesco Oil & Gas Services ETF 10.1 63 -3 3.9 -8.5
NETZ TCW Transform Systems ETF 9.9 75 -15 2.6 -9.8
COWS Amplify Cash Flow Dividend Leaders ETF 9.9 0 60 12.9 +0.5
ONEY State Street SPDR Russell 1000 Yield Focus ETF 9.8 20 40 10.6 -1.8
RPV Invesco S&P 500 Pure Value ETF 9.8 35 25 10.7 -1.7
CRAK VanEck Oil Refiners ETF 9.7 61 -1 11.6 -0.8
STXV Strive 1000 Value ETF 9.6 18 42 8.4 -4.0
AKAF The Frontier Economic Fund 9.5 20 40 6.7 -5.7
FAB First Trust Multi Cap Value AlphaDEX Fund 9.3 67 -7 10.5 -1.9
FPWR First Trust EIP Power Solutions ETF 9.3 96 -36 4.2 -8.2
VFVA Vanguard U.S. Value Factor ETF 9.2 13 47 11.3 -1.1
DIVG Invesco S&P 500 High Dividend Growers ETF 9.1 39 21 8.7 -3.7
OIH VanEck Oil Services ETF 9.1 35 25 3.7 -8.7
ZIG Acquirers Fund 9.0 84 -24 21.8 +9.3
AVMV Avantis U.S. Mid Cap Value ETF 8.8 20 40 9.4 -3.0
PTL Inspire 500 ETF 8.8 9 51 5.6 -6.8
ABLD Abacus FCF Real Assets Leaders ETF 8.6 69 -9 6.9 -5.5
DIVL Madison Dividend Value ETF 8.6 65 -5 6.2 -6.3
MDLV Morgan Dempsey Large Cap Value ETF 8.5 58 2 7.4 -5.0
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 8.5 30 30 10.6 -1.9
IUS Invesco RAFI Strategic US ETF 8.5 19 41 7.0 -5.4
DGRW WisdomTree US Quality Dividend Growth Fund 8.4 28 32 5.7 -6.7
VYM Vanguard High Dividend Yield Index ETF 8.4 6 54 7.3 -5.2
FNDX Schwab Fundamental US Large Co. Index ETF 8.3 25 35 7.5 -4.9
DIVB iShares Core Dividend ETF 8.3 5 55 8.6 -3.9
RBLD First Trust Alerian US NextGen Infrastructure ETF 8.3 65 -5 5.1 -7.3
PKW Invesco Buyback Achievers ETF 8.2 62 -2 8.6 -3.9
AIVL WisdomTree U.S. AI Enhanced Value Fund 8.2 38 22 6.7 -5.8
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 8.1 35 25 6.3 -6.1
TCAI Tortoise AI Infrastructure ETF 8.1 65 -5 2.8 -9.6
DLN WisdomTree U.S. LargeCap Dividend Fund 8.0 28 32 6.1 -6.3
FILL iShares MSCI Global Energy Producers ETF 7.9 39 21 11.4 -1.0
SAMT Strategas Macro Thematic Opportunities ETF 7.9 65 -5 2.7 -9.8
FNDB Schwab Fundamental US Broad Market Index ETF 7.8 25 35 7.6 -4.8
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 7.7 52 8 6.0 -6.5
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 7.7 58 2 5.7 -6.7
LYLD Cambria Large Cap Shareholder Yield ETF 7.6 59 1 10.2 -2.2
FDVV Fidelity High Dividend ETF 7.6 15 45 7.8 -4.6
DTD WisdomTree U.S. Total Dividend Fund 7.4 28 32 6.5 -6.0
FEX First Trust Large Cap Core AlphaDEX Fund 7.4 59 1 6.2 -6.2
VLU State Street SPDR S&P 1500 Value Tilt ETF 7.4 12 48 7.7 -4.8
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 7.3 75 -15 3.1 -9.3
YLDE ClearBridge Dividend Strategy ESG ETF 7.3 60 0 5.8 -6.6
SFLO VictoryShares Small Cap Free Cash Flow ETF 7.3 49 11 11.6 -0.8
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 7.1 19 41 6.5 -5.9
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 7.1 60 0 6.3 -6.2
DFVX Dimensional US Large Cap Vector ETF 7.1 22 38 6.5 -5.9
CALF Pacer US Small Cap Cash Cows 100 ETF 7.0 59 1 11.1 -1.3
SYLD Cambria Shareholder Yield ETF 7.0 59 1 13.4 +0.9
EQAL Invesco Russell 1000 Equal Weight ETF 7.0 20 40 7.5 -5.0
GCOW Pacer Global Cash Cows Dividend ETF 7.0 60 0 10.5 -1.9
DJD Invesco Dow Jones Industrial Average Dividend ETF 7.0 7 53 7.8 -4.7
CBSE Clough Select Equity ETF 6.9 85 -25 0.9 -11.6
VRAI Virtus Real Asset Income ETF 6.9 55 5 10.9 -1.5
SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF 6.9 7 53 11.4 -1.1
SIXA ETC 6 Meridian Mega Cap Equity ETF 6.8 80 -20 7.0 -5.5
WTV WisdomTree US Value Fund of Benef Interest 6.8 12 48 9.4 -3.1
VO Vanguard Mid-Cap ETF 6.8 4 56 6.2 -6.2
REVS Columbia Research Enhanced Value ETF 6.8 19 41 8.1 -4.4
PRXV Praxis Impact Large Cap Value ETF 6.7 36 24 6.9 -5.5
VTV Vanguard Value ETF 6.7 4 56 7.1 -5.4
RWL Invesco S&P 500 Revenue ETF 6.7 39 21 7.0 -5.4
EBI Longview Advantage ETF 6.7 35 25 7.0 -5.5
CVY Invesco Zacks Multi-Asset Income ETF 6.6 106 -46 12.2 -0.2
QVAL Alpha Architect US Quantitative Value ETF 6.5 39 21 10.0 -2.4
PRF Invesco FTSE RAFI US 1000 ETF 6.5 39 21 7.0 -5.4
IWS iShares Russell Mid-Cap Value ETF 6.5 23 37 7.5 -4.9
GVUS Marketbeta Russell 1000 Value Equity ETF 6.4 12 48 6.8 -5.7
EVUS iShares ESG Aware MSCI USA Value ETF 6.4 18 42 6.8 -5.7
FCPI Fidelity Stocks for Inflation ETF 6.4 15 45 8.1 -4.4
CCNR ALPS CoreCommodity Natural Resources ETF 6.4 39 21 9.6 -2.8
SSPY Syntax Stratified LargeCap ETF 6.4 30 30 7.0 -5.4
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 6.3 60 0 4.3 -8.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 6.3 18 42 8.0 -4.4
SHUS Syntax Stratified U.S. Total Market Hedged ETF 6.3 65 -5 6.7 -5.8
TBG TBG Dividend Focus ETF 6.2 59 1 7.9 -4.5
IMCB iShares Morningstar Mid-Cap ETF 6.2 4 56 6.5 -5.9
CSTK Invesco Comstock Contrarian Equity ETF 6.2 35 25 7.2 -5.3
FNK First Trust Mid Cap Value AlphaDEX Fund 6.2 70 -10 11.5 -1.0
LVDS JPMorgan Fundamental Data Science Large Value ETF 6.1 49 11 6.3 -6.1
SCHV Schwab U.S. Large-Cap Value ETF 6.1 4 56 7.0 -5.4
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 6.1 24 36 8.5 -3.9
QUVU Hartford Quality Value ETF 6.0 46 14 7.7 -4.7
IVE iShares S&P 500 Value ETF 6.0 18 42 6.3 -6.1
SPYV State Street SPDR Portfolio S&P 500 Value ETF 6.0 4 56 6.5 -6.0
VOOV Vanguard S&P 500 Value ETF 6.0 7 53 6.4 -6.0
MBOX Freedom Day Dividend ETF 6.0 39 21 8.0 -4.4
FUNL CornerCap Fundametrics Large-Cap ETF 6.0 50 10 7.4 -5.0
WBIY WBI Power Factor High Dividend ETF 5.9 100 -40 14.4 +2.0
FELV Fidelity Enhanced Large Cap Value ETF 5.9 18 42 7.0 -5.5
IWD iShares Russell 1000 Value ETF 5.9 19 41 6.7 -5.8
VONV Vanguard Russell 1000 Value ETF 5.9 7 53 6.8 -5.6
MGV Vanguard Mega Cap Value ETF 5.8 7 53 6.7 -5.8
IUSV iShares Core S&P US Value ETF 5.8 4 56 6.6 -5.8
DVY iShares Select Dividend ETF 5.8 38 22 9.4 -3.0
ILCV iShares Morningstar Value ETF 5.8 4 56 6.5 -5.9
DEW WisdomTree Global High Dividend Fund 5.8 58 2 8.5 -4.0
JPEF JPMorgan Equity Focus ETF 5.8 50 10 4.5 -7.9
FLDZ RiverNorth Patriot ETF 5.7 75 -15 6.7 -5.8
ECML Euclidean Fundamental Value ETF 5.7 95 -35 11.1 -1.3
IWX iShares Russell Top 200 Value ETF 5.6 20 40 6.2 -6.2
AVUS Avantis U.S. Equity ETF 5.6 15 45 6.0 -6.5
ASLV Allspring Special Large Value ETF 5.6 35 25 6.8 -5.6
IWR iShares Russell Midcap ETF 5.6 19 41 6.6 -5.9
BGDV Bahl & Gaynor Dividend ETF 5.6 45 15 4.9 -7.5
CRTC Xtrackers US National Critical Technologies ETF 5.6 35 25 4.9 -7.5
RNIN Bushido Capital US SMID Cap Equity ETF 5.5 70 -10 13.4 +1.0
BIBL Inspire 100 ETF 5.5 35 25 5.4 -7.0
SPGP Invesco S&P 500 GARP ETF 5.4 34 26 7.2 -5.3
HLAL Wahed FTSE USA Shariah ETF 5.4 50 10 4.8 -7.6
SNPV Xtrackers S&P 500 Value ESG ETF 5.4 15 45 7.1 -5.3
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 5.3 27 33 7.4 -5.1
FLV American Century Focused Large Cap Value ETF 5.3 42 18 7.0 -5.5
DGRO iShares Core Dividend Growth ETF 5.3 8 52 6.7 -5.7
BMVP Invesco Bloomberg MVP Multi-factor ETF 5.3 29 31 7.6 -4.8
WOMN Impact Shares YWCA Women's Empowerment ETF 5.3 75 -15 5.8 -6.6
PEXL Pacer US Export Leaders ETF 5.2 60 0 5.0 -7.4
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 5.2 30 30 8.5 -3.9
DIVY Sound Equity Dividend Income ETF 5.2 45 15 10.4 -2.1
EPS WisdomTree U.S. LargeCap Fund 5.1 8 52 5.9 -6.6
MCDS JPMorgan Fundamental Data Science Mid Core ETF 5.1 35 25 6.1 -6.4
GOP Unusual Whales Subversive Republican Trading ETF 5.1 50 10 5.7 -6.7
SMCF Themes US Small Cap Cash Flow Champions ETF 5.1 29 31 12.4 -0.1
QDF FlexShares Quality Dividend Index Fund 5.0 37 23 6.5 -5.9
JHDV John Hancock U.S. High Dividend ETF 5.0 34 26 7.0 -5.5
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 5.0 49 11 9.4 -3.1
BBLU EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF 5.0 15 45 5.0 -7.4
CFA VictoryShares US 500 Volatility Wtd ETF 4.9 35 25 6.3 -6.1
XOEF iShares S&P 500 ex S&P 100 ETF 4.9 20 40 5.9 -6.5
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 4.9 40 20 6.2 -6.2
VSDA VictoryShares Dividend Accelerator ETF 4.9 35 25 7.6 -4.9
DIVZ TrueShares Low Volatility Equity Income ETF 4.8 65 -5 6.6 -5.8
ICAP InfraCap Equity Income Fund ETF 4.8 171 -111 4.9 -7.5
GINX SGI Enhanced Global Income ETF 4.7 98 -38 8.2 -4.2
AVMC Avantis U.S. Mid Cap Equity ETF 4.7 18 42 7.2 -5.2
FCTR First Trust Lunt U.S. Factor Rotation ETF 4.7 65 -5 2.6 -9.9
XMAG Defiance Large Cap ex-Mag 7 ETF 4.6 35 25 5.4 -7.1
AFOS ARS Focused Opportunities Strategy ETF 4.6 45 15 3.3 -9.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 4.5 9 51 6.5 -5.9
DFSV Dimensional US Small Cap Value ETF 4.5 31 29 11.0 -1.4
SPXT ProShares S&P 500 Ex-Technology ETF 4.4 9 51 5.7 -6.7
EUSA iShares MSCI USA Equal Weighted ETF 4.4 9 51 6.6 -5.9
SIZE iShares MSCI USA Size Factor ETF 4.4 15 45 6.4 -6.0
RSP Invesco S&P 500 Equal Weight ETF 4.4 20 40 7.1 -5.4
VNSE Natixis Vaughan Nelson Select ETF 4.4 80 -20 4.9 -7.5
FTGS First Trust Growth Strength ETF 4.4 60 0 4.8 -7.6
GVIP Goldman Sachs Hedge Industry VIP ETF 4.3 45 15 3.4 -9.0
DIVE Dana Concentrated Dividend ETF 4.3 65 -5 8.6 -3.8
FMDE Fidelity Enhanced Mid Cap ETF 4.3 23 37 6.2 -6.2
DXUV Dimensional US Vector Equity ETF 4.3 28 32 6.4 -6.0
DFAT Dimensional U.S. Targeted Value ETF 4.2 28 32 10.6 -1.9
GKAT Scharf Global Opportunity ETF 4.2 57 3 6.4 -6.1
HDUS Hartford Disciplined US Equity ETF 4.2 19 41 5.9 -6.5
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 4.2 32 28 5.2 -7.2
AGQI First Trust Active Global Quality Income ETF 4.2 85 -25 4.7 -7.8
EZM WisdomTree U.S. MidCap Fund 4.2 38 22 9.2 -3.2
GRPM Invesco S&P MidCap 400 GARP ETF 4.2 35 25 8.3 -4.1
HGRO Hedgeye Quality Growth ETF 4.1 70 -10 3.5 -9.0
SPMV Invesco S&P 500 Minimum Variance ETF 4.1 10 50 5.8 -6.7
GVLU Gotham 1000 Value ETF 4.1 50 10 9.3 -3.1
KAT Scharf ETF 4.1 87 -27 6.2 -6.2
FBCV Fidelity Blue Chip Value ETF 4.1 59 1 7.6 -4.8
VFMV Vanguard U.S. Minimum Volatility ETF 4.1 13 47 6.1 -6.4
SDY State Street SPDR S&P Dividend ETF 4.1 35 25 7.0 -5.4
JAVA JPMorgan Active Value ETF 4.0 44 16 6.6 -5.8
GURU Global X Guru Index ETF 4.0 75 -15 3.2 -9.2
DSPY Tema S&P 500 Historical Weight ETF 4.0 18 42 5.4 -7.1
DFAC Dimensional U.S. Core Equity 2 ETF 4.0 17 43 5.8 -6.7
QUS State Street SPDR MSCI USA StrategicFactors ETF 4.0 15 45 5.8 -6.6
IQRA IQ CBRE Real Assets ETF 3.9 65 -5 5.8 -6.6
NACP Impact Shares NAACP Minority Empowerment ETF 3.9 49 11 5.0 -7.5
LIVR Intelligent Livermore ETF 3.9 69 -9 3.5 -8.9
FNX First Trust Mid Cap Core AlphaDEX Fund 3.9 60 0 7.4 -5.0
GQI Natixis Gateway Quality Income ETF 3.9 34 26 5.2 -7.3
SNPE Xtrackers S&P 500 ESG ETF 3.9 10 50 5.1 -7.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 3.9 29 31 6.7 -5.7
DCOR Dimensional US Core Equity 1 ETF 3.9 14 46 5.6 -6.8
INCE Franklin Income Equity Focus ETF 3.8 29 31 6.0 -6.4
JGLO JPMorgan Global Select Equity ETF 3.8 33 27 5.1 -7.3
RFDA RiverFront Dynamic US Dividend Advantage ETF 3.8 52 8 6.5 -5.9
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 3.8 60 0 5.2 -7.2
ESGG FlexShares STOXX Global ESG Select Index Fund 3.8 42 18 5.5 -6.9
JHML John Hancock Multifactor Large Cap ETF 3.7 29 31 5.5 -6.9
JHMM John Hancock Multifactor Mid Cap ETF 3.7 42 18 6.6 -5.8
USMC Principal U.S. Mega-Cap ETF 3.7 12 48 4.6 -7.9
DSTL Distillate US Fundamental Stability & Value ETF 3.7 39 21 8.9 -3.5
TOPC iShares S&P 500 3% Capped ETF 3.6 15 45 5.3 -7.1
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 3.6 15 45 8.0 -4.5
DSMC Distillate Small/Mid Cash Flow ETF 3.6 55 5 13.6 +1.2
ULVM VictoryShares US Value Momentum ETF 3.6 20 40 7.6 -4.9
ESMV iShares ESG MSCI USA Min Vol Factor ETF 3.6 18 42 6.0 -6.4
NDIV Amplify Natural Resources Dividend Income ETF 3.6 59 1 12.8 +0.3
DVND Touchstone Dividend Select ETF 3.6 67 -7 5.8 -6.7
DON WisdomTree U.S. MidCap Dividend Fund 3.5 38 22 9.6 -2.9
MIDE Xtrackers S&P MidCap 400 ESG ETF 3.5 15 45 8.5 -3.9
INRO iShares U.S. Industry Rotation Active ETF 3.5 42 18 4.6 -7.8
FEGE First Eagle Global Equity ETF 3.5 79 -19 6.8 -5.6
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 3.5 25 35 5.8 -6.7
JVAL JPMorgan U.S. Value Factor ETF 3.5 12 48 8.3 -4.1
SPXN ProShares S&P 500 Ex-Financials ETF 3.5 9 51 5.0 -7.4
STOX Horizon Core Equity ETF 3.5 70 -10 4.3 -8.2
SFTY Horizon Managed Risk ETF 3.5 77 -17 4.2 -8.2
YALL God Bless America ETF 3.4 65 -5 4.8 -7.7
RECS Columbia Research Enhanced Core ETF 3.4 15 45 6.0 -6.5
PFM Invesco Dividend Achievers ETF 3.4 53 7 5.5 -7.0
USMF WisdomTree U.S. Multifactor Fund 3.4 28 32 7.6 -4.8
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 3.4 20 40 5.2 -7.2
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF 3.4 75 -15 5.1 -7.4
USCA Xtrackers MSCI USA Climate Action Equity ETF 3.4 7 53 5.3 -7.1
ACVF American Conservative Values ETF 3.4 75 -15 4.5 -8.0
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 3.4 56 4 6.5 -5.9
DFAU Dimensional US Core Equity Market ETF 3.4 12 48 5.2 -7.2
NULV Nuveen ESG Large-Cap Value ETF 3.4 26 34 6.6 -5.9
AIEQ AI Powered Equity ETF 3.3 75 -15 5.1 -7.3
YOKE Yoke Core ETF 3.3 42 18 5.2 -7.2
JQUA JPMorgan U.S. Quality Factor ETF 3.3 12 48 6.2 -6.3
FDMO Fidelity Momentum Factor ETF 3.3 15 45 3.8 -8.6
BKLC BNY Mellon US Large Cap Core Equity ETF 3.3 0 60 5.1 -7.4
KLMN Invesco MSCI North America Climate ETF 3.3 9 51 5.1 -7.3
FDLS Inspire Fidelis Multi Factor ETF 3.3 76 -16 4.9 -7.5
FELC Fidelity Enhanced Large Cap Core ETF 3.3 18 42 5.5 -7.0
VOTE TCW Transform 500 ETF 3.2 5 55 5.0 -7.4
FDLO Fidelity Low Volatility Factor ETF 3.2 15 45 5.6 -6.8
USMV iShares MSCI USA Min Vol Factor ETF 3.2 15 45 5.9 -6.5
JOET Virtus Terranova US Quality Momentum ETF 3.2 29 31 5.1 -7.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 3.2 11 49 5.1 -7.4
QVML Invesco S&P 500 QVM Multi-factor ETF 3.2 11 49 5.2 -7.2
LGLV State Street SPDR US Large Cap Low Volatility Index ETF 3.2 12 48 6.1 -6.3
EDOW First Trust Dow 30 Equal Weight ETF 3.2 50 10 5.6 -6.9
IFRA iShares U.S. Infrastructure ETF 3.2 30 30 6.7 -5.8
VFMF Vanguard U.S. Multifactor ETF 3.2 18 42 8.2 -4.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 3.2 7 53 5.0 -7.4
SPXV ProShares S&P 500 Ex-Health Care ETF 3.2 9 51 4.8 -7.6
BLES Inspire Global Hope ETF 3.2 61 -1 7.1 -5.3
FVAL Fidelity Value Factor ETF 3.2 15 45 7.1 -5.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 3.2 2 58 5.1 -7.3
SUSA iShares MSCI USA ESG Select ETF 3.2 25 35 4.8 -7.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 3.2 47 13 5.8 -6.6
PEY Invesco High Yield Equity Dividend Achievers ETF 3.1 52 8 10.7 -1.7
RAUS RACWI US ETF 3.1 15 45 4.9 -7.6
USCL iShares Climate Conscious & Transition MSCI USA ETF 3.1 8 52 5.2 -7.2
SIXL ETC 6 Meridian Low Beta Equity ETF 3.1 80 -20 6.4 -6.1
INFL Horizon Kinetics Inflation Beneficiaries ETF 3.1 85 -25 3.8 -8.6
BRIF FIS Bright Portfolios Focused Equity ETF 3.1 65 -5 4.8 -7.6
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF 3.1 50 10 9.3 -3.2
FTCE First Trust New Constructs Core Earnings Leaders ETF 3.1 60 0 5.5 -7.0
ROE Astoria US Quality Kings ETF 3.1 49 11 7.3 -5.1
BDIV AAM Brentview Dividend Growth ETF 3.1 49 11 4.7 -7.7
ESGU iShares ESG Aware MSCI USA ETF 3.1 15 45 4.9 -7.5
GPT Intelligent Alpha Atlas ETF 3.1 69 -9 5.9 -6.5
FCFY First Trust S&P 500 Diversified Free Cash Flow ETF 3.1 60 0 10.9 -1.5
ABEQ Absolute Select Value ETF 3.1 85 -25 4.8 -7.6
FQAL Fidelity Quality Factor ETF 3.1 15 45 5.9 -6.5
FMKT The Free Markets ETF 3.1 76 -16 3.7 -8.7
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 3.1 5 55 8.4 -4.1
JCTR JPMorgan Carbon Transition U.S. Equity ETF 3.1 15 45 4.6 -7.9
ROUS Hartford Multifactor US Equity ETF 3.1 19 41 7.3 -5.2
LCTU BlackRock U.S. Carbon Transition Readiness ETF 3.0 14 46 5.1 -7.4
LCDS JPMorgan Fundamental Data Science Large Core ETF 3.0 30 30 4.9 -7.6
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 3.0 65 -5 0.2 -12.2
CATH Global X S&P 500 Catholic Values Custom ETF 3.0 29 31 4.8 -7.6
STRV Strive 500 ETF 3.0 5 55 4.9 -7.5
GXLC Global X U.S. 500 ETF 3.0 2 58 5.0 -7.4
ISCV iShares Morningstar Small Cap Value ETF 3.0 6 54 9.9 -2.6
CHRI Global X S&P 500 Christian Values ETF 3.0 29 31 4.8 -7.6
JMOM JPMorgan U.S. Momentum Factor ETF 3.0 12 48 4.8 -7.6
BKWO BNY Mellon Women's Opportunities ETF 3.0 50 10 3.7 -8.7
VALQ American Century U.S. Quality Value ETF 3.0 29 31 8.3 -4.2
SPXM Azoria 500 Meritocracy ETF 3.0 47 13 4.7 -7.7
ADME Aptus Drawdown Managed Equity ETF 3.0 79 -19 4.1 -8.3
VLUE iShares MSCI USA Value Factor ETF 3.0 15 45 9.4 -3.0
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 3.0 60 0 6.7 -5.8
TOV JLens 500 Jewish Advocacy U.S. ETF 3.0 18 42 4.8 -7.6
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 3.0 20 40 7.1 -5.3
IVV iShares Core S&P 500 ETF 2.9 3 57 5.1 -7.3
BFOR ALPS Barron's 400 ETF 2.9 65 -5 6.3 -6.1
SPY SPDR S&P 500 ETF 2.9 9 51 5.0 -7.4
PSCE Invesco S&P SmallCap Energy ETF 2.9 29 31 10.1 -2.3
SPYM State Street SPDR Portfolio S&P 500 ETF 2.9 2 58 5.1 -7.3
ILCB iShares Morningstar U.S. Equity ETF 2.9 3 57 5.0 -7.4
IWB iShares Russell 1000 ETF 2.9 15 45 5.0 -7.4
SCHX Schwab U.S. Large-Cap ETF 2.9 3 57 5.1 -7.3
VOO Vanguard S&P 500 ETF 2.9 3 57 5.1 -7.3
VV Vanguard Large-Cap ETF 2.9 4 56 5.0 -7.5
EQWL Invesco S&P 100 Equal Weight ETF 2.9 25 35 6.4 -6.1
SMAP Amplify Small-Mid Cap Equity ETF 2.9 60 0 5.8 -6.6
SHE State Street SPDR MSCI USA Gender Diversity ETF 2.9 20 40 5.3 -7.1
VONE Vanguard Russell 1000 ETF 2.9 7 53 5.1 -7.3
RDVY First Trust Rising Dividend Achievers ETF 2.9 50 10 6.7 -5.8
PBUS Invesco MSCI USA ETF 2.9 4 56 5.0 -7.4
DFUS Dimensional U.S. Equity ETF 2.9 9 51 5.0 -7.5
IYY iShares Dow Jones U.S. ETF 2.9 20 40 4.9 -7.5
FFLC Fidelity Fundamental Large Cap Core ETF 2.9 38 22 4.7 -7.7
QUAL iShares MSCI USA Quality Factor ETF 2.9 15 45 5.7 -6.8
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 2.9 55 5 10.8 -1.6
HAPI Harbor Human Capital Factor US Large Cap ETF 2.9 36 24 5.1 -7.4
NOBL ProShares S&P 500 Dividend Aristocrats ETF 2.9 35 25 6.4 -6.0
NULC Nuveen ESG Large-Cap ETF 2.9 21 39 4.9 -7.6
SCHK Schwab 1000 Index ETF 2.9 5 55 5.2 -7.3
PUI Invesco Dorsey Wright Utilities Momentum ETF 2.8 60 0 4.8 -7.6
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 2.8 3 57 5.3 -7.2
IWV iShares Russell 3000 ETF 2.8 20 40 4.9 -7.5
SAMM Strategas Macro Momentum ETF 2.8 66 -6 2.4 -10.1
LRGC AB US Large Cap Strategic Equities ETF 2.8 48 12 4.7 -7.8
ITOT iShares Core S&P Total U.S. Stock Market ETF 2.8 3 57 5.0 -7.4
VTHR Vanguard Russell 3000 ETF 2.8 7 53 5.0 -7.4
VTI Vanguard Total Stock Market ETF 2.8 3 57 5.0 -7.4
OEI Optimized Equity Income ETF 2.8 75 -15 0.0 -12.4
JHSC John Hancock Multifactor Small Cap ETF 2.8 42 18 7.2 -5.3
SCHB Schwab U.S. Broad Market ETF 2.8 3 57 5.2 -7.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 2.8 9 51 5.5 -6.9
VIG Vanguard Dividend Appreciation ETF 2.8 5 55 5.7 -6.7
CGUS Capital Group Core Equity ETF 2.8 33 27 4.6 -7.9
AUSF Global X Adaptive U.S. Factor ETF 2.8 27 33 9.4 -3.0
FSST Fidelity Sustainable U.S. Equity ETF 2.8 59 1 4.2 -8.2
WLDR Affinity World Leaders Equity ETF 2.8 67 -7 7.6 -4.8
SELV SEI Enhanced Low Volatility U.S. Large Cap ETF 2.8 15 45 6.6 -5.8
DANA Dana Unconstrained Equity ETF 2.8 50 10 3.2 -9.3
FDRR Fidelity Dividend ETF for Rising Rates 2.8 15 45 7.1 -5.4
VFMO Vanguard U.S. Momentum Factor ETF 2.7 13 47 3.3 -9.1
HAPY Harbor Human Capital Factor Unconstrained ETF 2.7 50 10 5.8 -6.6
SXQG ETC 6 Meridian Quality Growth ETF 2.7 100 -40 5.1 -7.3
FYT First Trust Small Cap Value AlphaDEX Fund 2.7 73 -13 12.6 +0.2
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 2.7 45 15 4.6 -7.9
IWP iShares Russell Mid-Cap Growth ETF 2.7 23 37 3.5 -8.9
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 2.7 49 11 5.2 -7.3
KONG Formidable Fortress ETF 2.7 89 -29 6.5 -5.9
RVRB Reverb ETF 2.7 30 30 4.7 -7.7
LRGF iShares U.S. Equity Factor ETF 2.7 8 52 5.7 -6.8
DVLU First Trust Dorsey Wright Momentum & Value ETF 2.7 60 0 6.7 -5.8
QLV FlexShares US Quality Low Volatility Index Fund 2.6 22 38 5.8 -6.6
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 2.6 7 53 6.2 -6.3
ALTL Pacer Lunt Large Cap Alternator ETF 2.6 60 0 5.1 -7.3
DGT State Street SPDR Global Dow ETF 2.6 50 10 6.8 -5.6
JMEE JPMorgan Market Expansion Enhanced Equity ETF 2.6 24 36 8.0 -4.4
OALC OneAscent Large Cap Core ETF 2.6 86 -26 4.3 -8.1
RVER Trenchless Fund ETF 2.6 65 -5 3.3 -9.1
TOPT iShares Top 20 U.S. Stocks ETF 2.6 20 40 4.2 -8.3
SPHB Invesco S&P 500 High Beta ETF 2.5 25 35 5.5 -7.0
QWLD SPDR MSCI World StrategicFactors ETF 2.5 30 30 6.0 -6.5
JEPI JPMorgan Equity Premium Income ETF 2.5 35 25 5.9 -6.6
FDWM Fidelity Women's Leadership ETF 2.5 59 1 4.8 -7.6
KOKU Xtrackers MSCI Kokusai Equity ETF 2.5 9 51 5.3 -7.2
IJJ iShares S&P Mid-Cap 400 Value ETF 2.4 18 42 9.1 -3.3
AFLG First Trust Active Factor Large Cap ETF 2.4 55 5 6.6 -5.8
GEW Cambria Global EW ETF 2.4 29 31 0.0 -12.4
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 2.4 15 45 9.2 -3.2
VSLU Applied Finance Valuation Large Cap ETF 2.4 49 11 5.9 -6.6
LCF Touchstone US Large Cap Focused ETF 2.3 69 -9 4.4 -8.0
DUHP Dimensional US High Profitability ETF 2.3 21 39 6.5 -5.9
BLCR iShares Large Cap Core Active ETF 2.3 36 24 3.7 -8.7
GLRY Inspire Faithward Mid Cap Momentum ETF 2.3 80 -20 6.5 -5.9
GSPY Gotham Enhanced 500 ETF 2.3 50 10 5.3 -7.1
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 2.3 19 41 5.7 -6.8
SPVM Invesco S&P 500 Value with Momentum ETF 2.3 39 21 7.8 -4.6
FFND Future Fund Active ETF 2.3 100 -40 3.9 -8.5
IVOV Vanguard S&P Mid-Cap 400 Value ETF 2.3 10 50 9.3 -3.1
IWL iShares Russell Top 200 ETF 2.3 15 45 4.7 -7.7
TOK iShares MSCI Kokusai ETF 2.3 26 34 5.1 -7.3
RFFC ALPS Active Equity Opportunity ETF 2.3 48 12 4.6 -7.8
KOCG FIS Knights of Columbus Global Belief ETF 2.3 75 -15 4.8 -7.6
KLMT Invesco MSCI Global Climate 500 ETF 2.3 10 50 5.8 -6.6
IOO iShares Global 100 ETF 2.2 41 19 4.7 -7.7
LGDX Intech S&P Large Cap Diversified Alpha ETF 2.2 25 35 5.4 -7.0
AVUV Avantis U.S. Small Cap Value ETF 2.2 25 35 10.5 -1.9
DAK Dakota Active Equity ETF 2.2 43 17 4.6 -7.8
APUE ActivePassive U.S. Equity ETF 2.2 45 15 4.9 -7.6
OEF iShares S&P 100 ETF 2.2 20 40 4.6 -7.8
IJH iShares Core S&P Mid-Cap ETF 2.2 5 55 7.7 -4.7
MDY SPDR S&P Midcap 400 ETF Trust 2.2 24 36 7.5 -4.9
XLG Invesco S&P 500 Top 50 ETF 2.2 20 40 4.3 -8.2
VBR Vanguard Small Cap Value ETF 2.2 7 53 9.6 -2.8
VOT Vanguard Mid-Cap Growth ETF 2.2 7 53 3.7 -8.8
GDIV Harbor Dividend Growth Leaders ETF 2.2 50 10 5.4 -7.0
MGC Vanguard Mega Cap ETF 2.2 7 53 4.7 -7.7
KRMA Global X Conscious Companies ETF 2.2 43 17 6.2 -6.2
NUMG Nuveen ESG Mid-Cap Growth ETF 2.2 31 29 2.8 -9.7
MID American Century Mid Cap Growth Impact ETF 2.2 45 15 3.6 -8.8
COPY Tweedy, Browne Insider + Value ETF 2.2 80 -20 12.3 -0.1
URTH iShares MSCI World ETF 2.1 24 36 5.2 -7.3
QNXT iShares Nasdaq-100 ex Top 30 ETF 2.1 20 40 5.0 -7.4
SMLF iShares U.S. SmallCap Equity Factor ETF 2.1 15 45 6.4 -6.1
DFAS Dimensional U.S. Small Cap ETF 2.1 26 34 7.1 -5.4
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 2.1 58 2 4.8 -7.6
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 2.1 3 57 7.7 -4.7
FTCS First Trust Capital Strength ETF 2.1 55 5 6.0 -6.4
NUDV Nuveen ESG Dividend ETF 2.1 26 34 7.8 -4.6
ABIG Argent Large Cap ETF 2.1 49 11 5.5 -7.0
VB Vanguard Small-Cap ETF 2.1 5 55 6.5 -5.9
IVOO Vanguard S&P Mid-Cap 400 ETF 2.1 7 53 7.7 -4.7
AVUQ Avantis U.S. Quality ETF 2.1 15 45 4.6 -7.8
DEUS Xtrackers Russell US Multifactor ETF 2.1 17 43 7.1 -5.3
DIA SPDR Dow Jones Industrial Average ETF 2.1 16 44 5.6 -6.8
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 2.1 35 25 4.4 -8.1
SFY SoFi Select 500 ETF 2.1 0 60 4.6 -7.8
HUSV First Trust Horizon Managed Volatility Domestic ETF 2.0 70 -10 5.1 -7.3
TIME Clockwise Core Equity & Innovation ETF 2.0 95 -35 4.1 -8.4
NUMV Nuveen ESG Mid-Cap Value ETF 2.0 31 29 7.2 -5.2
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 2.0 60 0 7.4 -5.0
IJK iShares S&P Mid-Cap 400 Growth ETF 2.0 17 43 6.3 -6.2
SMOT VanEck Morningstar SMID Moat ETF 2.0 49 11 7.1 -5.3
GRPZ Invesco S&P SmallCap 600 GARP ETF 2.0 35 25 7.9 -4.5
SCHM Schwab U.S. Mid-Cap ETF 2.0 4 56 7.5 -5.0
DUNK Dana Unconstrained Equity ETF 2.0 75 -15 2.7 -9.8
IMCG iShares Morningstar Mid-Cap Growth ETF 2.0 6 54 4.4 -8.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 2.0 4 56 6.3 -6.1
CAML Congress Large Cap Growth ETF 2.0 66 -6 3.8 -8.6
SWP SWP Growth & Income ETF 1.9 99 -39 4.3 -8.1
VBK Vanguard Small-Cap Growth ETF 1.9 7 53 1.9 -10.5
ACWI iShares MSCI ACWI ETF 1.9 32 28 5.6 -6.9
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 1.9 15 45 6.3 -6.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.9 9 51 5.7 -6.7
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 1.9 35 25 9.8 -2.6
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 1.9 10 50 6.3 -6.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 1.9 10 50 5.1 -7.3
AMID Argent Mid Cap ETF Argent Mid Cap ETF 1.9 52 8 6.5 -6.0
QLC FlexShares US Quality Large Cap Index Fund 1.9 25 35 5.4 -7.0
FPAG FPA Global Equity ETF 1.8 49 11 6.0 -6.4
TMFX Motley Fool Next Index ETF 1.8 50 10 3.5 -8.9
JPSV JPMorgan Active Small Cap Value ETF 1.8 74 -14 9.0 -3.4
RFG Invesco S&P Midcap 400 Pure Growth ETF 1.8 35 25 5.7 -6.7
WCEO Hypatia Women CEO ETF 1.8 85 -25 3.3 -9.1
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.8 17 43 6.3 -6.1
VT Vanguard Total World Stock ETF 1.8 6 54 5.9 -6.5
DYNF BlackRock U.S. Equity Factor Rotation ETF 1.8 30 30 4.6 -7.9
IJT iShares S&P Small-Cap 600 Growth ETF 1.8 18 42 5.9 -6.5
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 1.8 15 45 7.7 -4.7
VCLN Virtus Duff & Phelps Clean Energy ETF 1.8 59 1 4.1 -8.3
FLRG Fidelity U.S. Multifactor ETF 1.8 15 45 7.2 -5.3
IQSU IQ Candriam U.S. Large Cap Equity ETF 1.8 9 51 5.0 -7.4
RWK Invesco S&P MidCap 400 Revenue ETF 1.7 39 21 10.3 -2.1
STXK Strive Small-Cap ETF 1.7 18 42 6.4 -6.0
VFQY Vanguard U.S. Quality Factor ETF 1.7 13 47 6.5 -6.0
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 1.7 15 45 5.9 -6.5
CGGR Capital Group Growth ETF 1.7 39 21 3.6 -8.9
LGRO Level Four Large Cap Growth Active ETF 1.7 55 5 4.4 -8.0
XSHQ Invesco S&P SmallCap Quality ETF 1.7 29 31 8.2 -4.2
QGRO American Century U.S. Quality Growth ETF 1.7 29 31 4.0 -8.5
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 1.7 15 45 9.4 -3.0
ISCB iShares Morningstar Small-Cap ETF 1.6 4 56 6.6 -5.8
SUSL iShares ESG MSCI USA Leaders ETF 1.6 10 50 5.1 -7.3
VIOG Vanguard S&P Small-Cap 600 Growth ETF 1.6 10 50 6.0 -6.5
SGLC SGI U.S. Large Cap Core ETF 1.6 85 -25 4.3 -8.1
VXF Vanguard Extended Market ETF 1.6 5 55 5.0 -7.4
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 1.6 12 48 4.2 -8.3
BWEB Bitwise Web3 ETF 1.6 85 -25 0.1 -12.4
TMDV ProShares Russell US Dividend Growers ETF 1.6 35 25 7.2 -5.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.5 20 40 5.7 -6.7
PRAY FIS Christian Stock Fund 1.5 69 -9 5.3 -7.1
SFYX SoFi Next 500 ETF 1.5 0 60 6.3 -6.1
RGEF Rockefeller Global Equity ETF 1.5 55 5 4.7 -7.7
FFSM Fidelity Fundamental Small-Mid Cap ETF 1.5 43 17 6.5 -5.9
RFV Invesco S&P Midcap 400 Pure Value ETF 1.5 35 25 13.9 +1.5
GQQQ Astoria US Quality Growth Kings ETF 1.5 35 25 4.9 -7.5
STXM Strive Mid-Cap ETF 1.5 18 42 6.8 -5.6
MTUM iShares MSCI USA Momentum Factor ETF 1.4 15 45 3.9 -8.6
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 1.4 59 1 6.9 -5.5
FSMD Fidelity Small-Mid Multifactor ETF 1.4 15 45 7.3 -5.2
DUSA Davis Select U.S. Equity ETF 1.4 61 -1 7.8 -4.6
OSCV Opus Small Cap Value ETF 1.4 79 -19 7.5 -5.0
IQSM IQ Candriam U.S. Mid Cap Equity ETF 1.4 15 45 6.4 -6.0
RZG Invesco S&P Smallcap 600 Pure Growth ETF 1.4 35 25 4.0 -8.4
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 1.4 25 35 6.1 -6.4
LEAD Siren DIVCON Leaders Dividend ETF 1.4 43 17 4.5 -7.9
FYX First Trust Small Cap Core AlphaDEX Fund 1.4 61 -1 6.2 -6.2
ESIX State Street SPDR S&P SmallCap 600 ESG ETF 1.4 12 48 8.7 -3.7
CSA VictoryShares US Small Cap Volatility Wtd ETF 1.4 35 25 7.6 -4.8
TPSC Timothy Plan US Small Cap Core ETF 1.4 52 8 7.5 -5.0
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.4 15 45 5.1 -7.4
FVD First Trust Value Line Dividend Index Fund 1.3 65 -5 6.4 -6.0
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.3 25 35 8.2 -4.2
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.3 80 -20 8.4 -4.1
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 1.3 15 45 8.2 -4.2
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.3 35 25 10.3 -2.1
AFMC First Trust Active Factor Mid Cap ETF 1.3 65 -5 8.8 -3.6
PSC Principal U.S. Small-Cap ETF 1.3 38 22 7.4 -5.1
DSI iShares MSCI KLD 400 Social ETF 1.3 25 35 5.0 -7.4
BUL Pacer US Cash Cows Growth ETF 1.2 60 0 5.5 -6.9
RJDI RJ Eagle GCM Dividend Select Income ETF 1.2 55 5 5.7 -6.8
IQM Franklin Intelligent Machines ETF 1.2 50 10 2.2 -10.2
XJH iShares ESG Screened S&P Mid-Cap ETF 1.2 12 48 7.6 -4.8
SPMO Invesco S&P 500 Momentum ETF 1.2 13 47 4.0 -8.4
RPG Invesco S&P 500 Pure Growth ETF 1.2 35 25 3.6 -8.8
DFSU Dimensional US Sustainability Core 1 ETF 1.2 18 42 5.5 -6.9
IJR iShares Core S&P Small Cap ETF 1.2 6 54 8.2 -4.3
SCDS JPMorgan Fundamental Data Science Small Core ETF 1.2 40 20 5.1 -7.4
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.1 60 0 7.2 -5.2
FELG Fidelity Enhanced Large Cap Growth ETF 1.1 18 42 4.9 -7.5
SMMD iShares Russell 2500 ETF 1.1 15 45 7.3 -5.1
LSAF LeaderShares AlphaFactor US Core Equity ETF 1.1 75 -15 8.1 -4.3
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 1.1 3 57 8.2 -4.2
CDIG City Different Investments Global Equity ETF 1.1 75 -15 0.0 -12.4
BKSE BNY Mellon US Small Cap Core Equity ETF 1.1 4 56 6.2 -6.2
NIXT Research Affiliates Deletions ETF 1.1 9 51 9.0 -3.4
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 1.0 20 40 8.5 -4.0
VIOO Vanguard S&P Small-Cap 600 ETF 1.0 7 53 8.1 -4.3
VUSE Vident U.S. Equity Strategy ETF 1.0 50 10 4.5 -7.9
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.0 70 -10 2.4 -10.0
XVV iShares ESG Screened S&P 500 ETF 1.0 8 52 5.0 -7.4
QGRW WisdomTree U.S. Quality Growth Fund 1.0 28 32 4.4 -8.0
GLOF iShares Global Equity Factor ETF 1.0 20 40 6.9 -5.5
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.0 29 31 8.7 -3.7
ACWV iShares MSCI Global Min Vol Factor ETF 1.0 20 40 6.0 -6.4
VAMO Cambria Value & Momentum ETF 1.0 61 -1 6.7 -5.8
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 1.0 29 31 4.9 -7.5
CVAR Cultivar ETF 0.9 87 -27 7.3 -5.2
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.9 20 40 4.8 -7.6
QDEF FlexShares Quality Dividend Defensive Index Fund 0.9 37 23 6.3 -6.1
QQQG Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF 0.9 49 11 3.9 -8.5
DES WisdomTree U.S. SmallCap Dividend Fund 0.9 38 22 9.9 -2.6
FNDA Schwab Fundamental US Small Co. Index ETF 0.9 25 35 9.4 -3.0
EGUS iShares ESG Aware MSCI USA Growth ETF 0.9 18 42 4.2 -8.3
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.9 95 -35 0.3 -12.1
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.9 35 25 7.5 -4.9
SNPG Xtrackers S&P 500 Growth ESG ETF 0.9 15 45 4.7 -7.7
RSSL Global X Russell 2000 ETF 0.8 8 52 4.4 -8.0
JGRO JPMorgan Active Growth ETF 0.8 44 16 3.7 -8.7
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.8 75 -15 4.2 -8.2
SVAL iShares US Small Cap Value Factor ETF 0.8 20 40 9.5 -2.9
NUSC Nuveen ESG Small-Cap ETF 0.8 31 29 5.5 -6.9
PSET Principal Quality ETF 0.8 15 45 5.6 -6.9
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 0.8 40 20 7.8 -4.6
XMMO Invesco S&P MidCap Momentum ETF 0.8 34 26 4.5 -7.9
FPX First Trust US Equity Opportunities ETF 0.8 61 -1 1.1 -11.3
SCDV Bahl & Gaynor Small Cap Dividend ETF 0.8 70 -10 5.1 -7.3
MCOW Pacer S&P MidCap 400 Quality FCF Aristocrats ETF 0.8 49 11 7.3 -5.1
FESM Fidelity Enhanced Small Cap ETF 0.8 28 32 7.3 -5.1
SFYF SoFi Social 50 ETF 0.8 29 31 1.1 -11.4
SIXS ETC 6 Meridian Small Cap Equity ETF 0.8 89 -29 10.0 -2.4
CGGO Capital Group Global Growth Equity ETF 0.7 47 13 4.4 -8.1
TMFS Motley Fool Small-Cap Growth ETF 0.7 85 -25 3.4 -9.0
CSMD Congress SMid Growth ETF 0.7 69 -9 4.0 -8.4
DARP Grizzle Growth ETF 0.7 75 -15 3.0 -9.5
TAX Cambria Tax Aware ETF 0.7 49 11 6.5 -6.0
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.7 39 21 4.6 -7.8
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.7 9 51 4.3 -8.2
TCV Towle Value ETF 0.7 85 -25 12.4 +0.0
CGDV Capital Group Dividend Value ETF 0.7 33 27 4.7 -7.7
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.6 39 21 10.7 -1.7
TTAC FCF US Quality ETF 0.6 59 1 6.0 -6.4
OPTZ Optimize Strategy Index ETF 0.6 50 10 5.0 -7.4
SPHQ Invesco S&P 500 Quality ETF 0.6 15 45 5.8 -6.6
SCHA Schwab U.S. Small-Cap ETF 0.6 4 56 6.7 -5.8
LOWV AB US Low Volatility Equity ETF 0.6 48 12 5.5 -7.0
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.6 40 20 4.1 -8.3
IWN iShares Russell 2000 Value ETF 0.6 24 36 8.2 -4.3
IWM iShares Russell 2000 ETF 0.6 19 41 4.5 -7.9
IWO iShares Russell 2000 Growth ETF 0.6 24 36 0.9 -11.5
STXG Strive 1000 Growth ETF 0.6 18 42 4.0 -8.4
CZAR Themes Natural Monopoly ETF 0.6 35 25 5.8 -6.7
PRXG Praxis Impact Large Cap Growth ETF 0.6 36 24 3.9 -8.5
CGDG Capital Group Dividend Growers ETF 0.6 47 13 6.2 -6.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.6 20 40 5.9 -6.5
SCHG Schwab U.S. Large-Cap Growth ETF 0.6 4 56 4.1 -8.3
XJR iShares ESG Screened S&P Small-Cap ETF 0.6 12 48 8.1 -4.4
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.6 64 -4 1.3 -11.2
RAYD Rayliant Quantitative Developed Market Equity ETF 0.6 80 -20 4.5 -7.9
VTWV Vanguard Russell 2000 Value ETF 0.6 10 50 8.3 -4.2
VTWO Vanguard Russell 2000 ETF 0.6 7 53 4.6 -7.9
FLQL Franklin LibertyQ U.S. Equity ETF 0.6 15 45 5.6 -6.8
VTWG Vanguard Russell 2000 Growth ETF 0.5 10 50 1.1 -11.4
EMOT First Trust S&P 500 Economic Moat ETF 0.5 60 0 8.8 -3.7
FTC First Trust Large Cap Growth AlphaDEX Fund 0.5 59 1 2.2 -10.2
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 0.5 38 22 10.7 -1.7
HAPS Harbor Human Capital Factor US Small Cap ETF 0.5 60 0 4.1 -8.3
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 0.5 30 30 18.1 +5.7
XSMO Invesco S&P SmallCap Momentum ETF 0.5 39 21 4.8 -7.7
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 0.5 55 5 4.5 -7.9
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.5 49 11 4.0 -8.4
QQQ Invesco QQQ Trust Series I 0.5 20 40 4.3 -8.1
QQQM Invesco NASDAQ 100 ETF 0.5 15 45 4.4 -8.1
VUG Vanguard Growth ETF 0.5 4 56 4.3 -8.1
ITAN Sparkline Intangible Value ETF 0.5 50 10 6.9 -5.5
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.5 60 0 7.7 -4.7
RNMC First Trust Mid Cap US Equity Select ETF 0.5 60 0 7.2 -5.3
ALIL Argent Focused Small Cap ETF 0.5 74 -14 7.1 -5.4
SCOW Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF 0.5 59 1 10.5 -2.0
IUSG iShares Core S&P U.S. Growth ETF 0.5 4 56 4.4 -8.1
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.5 30 30 7.4 -5.0
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.4 47 13 9.8 -2.6
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.4 15 45 5.0 -7.4
ONEQ Fidelity Nasdaq Composite Index ETF 0.4 21 39 3.9 -8.5
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.4 12 48 4.8 -7.6
AFSM First Trust Active Factor Small Cap ETF 0.4 75 -15 7.9 -4.5
IJS iShares S&P Small-Cap 600 Value ETF 0.4 18 42 10.5 -1.9
XMHQ Invesco S&P MidCap Quality ETF 0.4 25 35 7.2 -5.2
SPYG State Street SPDR Portfolio S&P 500 Growth ETF 0.4 4 56 4.3 -8.1
IVW iShares S&P 500 Growth ETF 0.4 18 42 4.2 -8.3
VOOG Vanguard S&P 500 Growth ETF 0.4 7 53 4.3 -8.2
ISMD Inspire Small/Mid Cap ETF 0.4 54 6 5.9 -6.5
ILCG iShares Morningstar Growth ETF 0.4 4 56 4.0 -8.5
SLYV State Street SPDR S&P 600 Small Cap Value ETF 0.4 15 45 10.6 -1.9
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.4 10 50 10.5 -1.9
LCOW Pacer S&P 500 Quality FCF Aristocrats ETF 0.3 49 11 6.3 -6.1
ISCG iShares Morningstar Small-Cap Growth ETF 0.3 6 54 3.1 -9.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.3 39 21 6.2 -6.2
FLAG Global X S&P 500 U.S. Market Leaders Top 50 ETF 0.3 29 31 7.1 -5.4
EES WisdomTree U.S. SmallCap Fund 0.3 38 22 9.3 -3.2
IWF iShares Russell 1000 Growth ETF 0.3 19 41 4.5 -8.0
VONG Vanguard Russell 1000 Growth ETF 0.3 7 53 4.6 -7.8
TMFC Motley Fool 100 Index ETF 0.3 50 10 3.6 -8.9
YNOT Horizon Digital Frontier ETF 0.2 75 -15 3.3 -9.1
THRO iShares U.S. Thematic Rotation Active ETF 0.1 90 -30 4.4 -8.0
STXD Strive 1000 Dividend Growth ETF 0.1 35 25 5.1 -7.3
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 0.1 12 48 7.8 -4.7
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 35 5.6 -6.8
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.1 20 40 6.3 -6.2
LQPE PEO AlphaQuest Thematic PE ETF 0.1 125 -65 7.2 -5.3
IETC iShares U.S. Tech Independence Focused ETF 0.1 18 42 4.0 -8.4
ROSC Hartford Multifactor Small Cap ETF 0.1 34 26 9.6 -2.9
IWY iShares Russell Top 200 Growth ETF 0.0 20 40 4.6 -7.8
ARB AltShares Merger Arbitrage ETF 0.0 77 -17 4.0 -8.5
FBCG Fidelity Blue Chip Growth ETF 0.0 59 1 3.1 -9.3
MLPA Global X MLP ETF 0.0 45 15 10.1 -2.3

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:		 First Trust Nasdaq Oil & Gas ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 19.8 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 12.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.58 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.