Tema International Defense Innov ETF
ALTAR
Score™		 2.5% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 28.7x P/Sales
ratio		 2.2x
P/BV
ratio		 5.5x Div.
yield		 1.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Tema International Defense Innov ETF seeks to provide investors with exposure to companies engaged in innovative defense technologies and solutions that enhance national security.

FUND BASICS
Category International Equities
Fund Sponsor Tema
Website temaetfs.com/gdfn
Inception date Sep 24, 2025
Assets (mns) $1
Currency USD
Expense ratio 75 bp
Distributions

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 29
Wgt avg mkt cap (mns) $48,996
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 0.0%
Small cap (<$2bn) 0.0%
Developed mkts 0.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
RHEINMETALL AG 4.4 %
EADS NV 4.3 %
HENSOLDT AG 4.3 %
BABCOCK INTL GROUP PLC 4.3 %
THALES SA 4.3 %
DASSAULT AVIATION SA 4.2 %
ELBIT SYSTEMS LTD 4.2 %
SAAB CLASS B 4.2 %
BAE SYSTEMS PLC 4.2 %
KONGSBERG GRUPPEN ASA 4.2 %
Total 42.5 %

TOP COUNTRY EXPOSURE
BRITAIN 20.4 %
UNITED STATES 18.9 %
GERMANY 11.5 %
FRANCE 11.1 %
ITALY 8.3 %
ISRAEL 4.5 %
SWEDEN 4.3 %
NORWAY 4.1 %
NETHERLANDS 4.1 %
SPAIN 4.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-- -- -- -- -6.3%

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

Technical Indicators
Recent close $23.84
30d moving avg. $22.56
Annualized volatility 0.0%
Short interest (ETF) 16.5%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 1
Turnover 2.5%
Bid/Ask (% of price) 0.50%
ADV underlying (mns) $0

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 685 potential alternatives to the Tema International Defense Innov ETF ETF based on the alternatives' overlap in portfolio holdings with GDFN. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: GDFN Expense: 75 bp ALTAR Score™: 2.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH GDFN
Ticker Fund
Name		 Overlap1
vs GDFN
(%)		 Expense
ratio
(bp)		 Savings
vs GDFN
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs GDFN
(%)
SHLD Global X Defense Tech ETF 39.0 50 25 2.8 +0.3
NATO Themes Transatlantic Defense ETF 33.5 35 40 1.8 -0.7
JEDI Defiance Drone and Modern Warfare ETF 33.2 69 6 1.3 -1.2
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 18.7 60 15 3.5 +1.0
PPA Invesco Aerospace & Defense ETF 15.6 58 17 1.9 -0.6
MISL First Trust Indxx Aerospace & Defense ETF 15.0 60 15 1.6 -0.9
UFO Procure Space ETF 14.9 75 0 0.2 -2.3
SAGP Strategas Global Policy Opportunities ETF 14.8 65 10 4.9 +2.4
EXI iShares Global Industrials ETF 13.4 42 33 3.9 +1.4
XAR State Street SPDR S&P Aerospace & Defense ETF 12.5 35 40 1.7 -0.8
ARKX ARK Space Exploration & Innovation ETF 12.1 75 0 0.2 -2.3
FITE State Street SPDR S&P Kensho Future Security ETF 10.3 45 30 1.4 -1.1
ITA iShares U.S. Aerospace & Defense ETF 9.7 40 35 1.5 -1.0
IDMO Invesco S&P International Developed Momentum ETF 8.9 25 50 5.3 +2.8
EWQ iShares MSCI France ETF 8.7 53 22 6.2 +3.7
ARKQ ARK Autonomous Technology & Robotics ETF 8.7 75 0 1.0 -1.5
ROKT State Street SPDR S&P Kensho Final Frontiers ETF 8.6 45 30 1.6 -0.9
IMOM Alpha Architect International Quantitative Momentum ETF 8.6 49 26 4.2 +1.7
FIDU Fidelity MSCI Industrial Index ETF 8.5 8 67 3.9 +1.4
FGM First Trust Germany AlphaDEX Fund 8.4 80 -5 6.1 +3.6
OAIM OneAscent International Equity ETF 8.3 95 -20 4.8 +2.3
XLI The Industrial Select Sector SPDR Fund 8.1 8 67 3.8 +1.3
IMTM iShares MSCI Intl Momentum Factor ETF 8.1 30 45 4.9 +2.4
SAMT Strategas Macro Thematic Opportunities ETF 7.9 65 10 2.2 -0.3
CGIE Capital Group International Equity ETF 7.9 54 21 4.4 +1.9
FTWO Strive FAANG 2.0 ETF 7.8 49 26 3.9 +1.4
VIS Vanguard Industrials ETF 7.8 9 66 3.9 +1.5
RSPN Invesco S&P 500 Equal Weight Industrials ETF 7.8 40 35 4.5 +2.0
MOTG VanEck Morningstar Global Wide Moat ETF 7.5 52 23 9.0 +6.5
FEZ SPDR EURO STOXX 50 ETF 7.2 29 46 5.7 +3.3
CRTC Xtrackers US National Critical Technologies ETF 7.2 35 40 4.2 +1.7
MADE iShares U.S. Manufacturing ETF 7.1 40 35 4.3 +1.8
IYJ iShares U.S. Industrials ETF 7.0 40 35 4.1 +1.6
EFG iShares MSCI EAFE Growth ETF 6.6 36 39 3.8 +1.3
FFTY Innovator IBD 50 ETF 6.3 80 -5 -1.8 -4.3
QTUM Defiance Quantum ETF 6.2 40 35 4.6 +2.1
EZU iShares MSCI Eurozone ETF 6.0 52 23 5.8 +3.3
ITAN Sparkline Intangible Value ETF 5.9 50 25 5.8 +3.3
AGIQ Sofi Agentic AI ETF 5.9 69 6 1.6 -0.9
EWG iShares MSCI Germany ETF 5.8 50 25 5.9 +3.4
FLGR Franklin FTSE Germany ETF 5.6 9 66 6.6 +4.1
FKU First Trust United Kingdom AlphaDEX Fund 5.5 80 -5 6.7 +4.2
ITOL Tema International Durable Quality ETF 5.5 60 15 4.8 +2.4
DAX Global X DAX Germany ETF 5.5 21 54 6.4 +3.9
HYP Golden Eagle Dynamic Hypergrowth ETF 5.5 85 -10 -1.2 -3.6
EWU iShares MSCI United Kingdom ETF 5.4 50 25 7.0 +4.6
AUSF Global X Adaptive U.S. Factor ETF 5.4 27 48 8.2 +5.7
IMFL Invesco International Developed Dynamic Multifactor ETF 5.4 34 41 5.2 +2.7
FLGB Franklin FTSE United Kingdom ETF 5.3 9 66 6.8 +4.3
WTAI WisdomTree Artificial Intelligence and Innovation Fund 5.2 45 30 2.2 -0.3
EQWL Invesco S&P 100 Equal Weight ETF 5.1 25 50 5.5 +3.0
IQM Franklin Intelligent Machines ETF 5.1 50 25 1.6 -0.9
OEFA ALPS O’Shares International Developed Quality Dividend ETF 5.0 48 27 4.7 +2.2
DGLO First Trust RBA Deglobalization ETF 4.9 70 5 6.2 +3.7
FEP First Trust Europe AlphaDEX Fund 4.9 80 -5 7.1 +4.6
IEV iShares Europe ETF 4.8 67 8 5.9 +3.4
MTUM iShares MSCI USA Momentum Factor ETF 4.8 15 60 2.7 +0.2
JIG JPMorgan International Growth ETF 4.8 55 20 4.1 +1.7
YOKE Yoke Core ETF 4.7 42 33 4.1 +1.7
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 4.7 65 10 1.7 -0.8
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 4.4 19 56 4.9 +2.4
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 4.4 45 30 6.2 +3.7
IEUR iShares Core MSCI Europe ETF 4.4 11 64 6.5 +4.0
VFMV Vanguard U.S. Minimum Volatility ETF 4.4 13 62 5.4 +2.9
VGK Vanguard FTSE Europe ETF 4.4 6 69 6.5 +4.1
SPMO Invesco S&P 500 Momentum ETF 4.4 13 62 3.4 +1.0
SPEU SPDR Portfolio Europe ETF 4.3 7 68 6.5 +4.0
TMAT Main Thematic Innovation ETF 4.3 164 -89 -1.5 -4.0
EQIN Columbia US Equity Income ETF 4.3 35 40 6.4 +3.9
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 4.2 80 -5 3.6 +1.1
OBOR KraneShares MSCI One Belt One Road Index ETF 4.2 79 -4 7.4 +4.9
BOUT Innovator IBD Breakout Opportunities ETF 4.2 81 -6 4.9 +2.4
ITEQ BlueStar Israel Technology ETF 4.2 75 0 1.4 -1.1
IETC iShares U.S. Tech Independence Focused ETF 4.2 18 57 2.8 +0.3
YALL God Bless America ETF 4.2 65 10 4.0 +1.5
PATN Pacer Nasdaq International Patent Leaders ETF 4.2 65 10 4.9 +2.4
NORW Global X MSCI Norway ETF 4.2 50 25 9.7 +7.2
CGXU Capital Group International Focus Equity ETF 4.1 54 21 4.9 +2.4
CGDG Capital Group Dividend Growers ETF 4.1 47 28 5.5 +3.0
CGUS Capital Group Core Equity ETF 4.1 33 42 3.8 +1.3
CGDV Capital Group Dividend Value ETF 4.1 33 42 4.1 +1.6
CIBR First Trust NASDAQ Cybersecurity ETF 4.1 60 15 3.6 +1.1
FMKT The Free Markets ETF 4.0 76 -1 4.1 +1.6
EWI iShares MSCI Italy ETF 4.0 50 25 8.7 +6.2
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 4.0 61 14 6.1 +3.6
BBLU EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF 4.0 15 60 4.4 +1.9
BGIG Bahl & Gaynor Income Growth ETF 4.0 45 30 4.7 +2.2
BBEU JPMorgan BetaBuilders Europe ETF 3.9 9 66 6.4 +3.9
FEUZ First Trust Eurozone AlphaDEX ETF 3.9 80 -5 6.7 +4.2
DBEU Xtrackers MSCI Europe Hedged Equity ETF 3.9 46 29 6.1 +3.6
WBAT WisdomTree Battery Value Chain and Innovation Fund 3.9 45 30 1.6 -0.9
AVIV Avantis International Large Cap Value ETF 3.8 25 50 7.7 +5.2
EIS iShares MSCI Israel ETF 3.8 58 17 6.6 +4.1
BLCV iShares Large Cap Value Active ETF 3.7 53 22 6.7 +4.2
SFYF SoFi Social 50 ETF 3.7 29 46 0.9 -1.6
BUZZ VanEck Social Sentiment ETF 3.7 75 0 -0.8 -3.3
FLEE Franklin FTSE Europe ETF 3.6 9 66 6.4 +3.9
FDG American Century Focused Dynamic Growth ETF 3.6 45 30 1.6 -0.9
SPRX Spear Alpha ETF 3.6 75 0 -0.3 -2.8
NUKZ Range Nuclear Renaissance Index ETF 3.6 85 -10 1.1 -1.4
DIHP Dimensional International High Profitability ETF 3.6 29 46 6.0 +3.5
LIVR Intelligent Livermore ETF 3.5 69 6 3.0 +0.5
FTC First Trust Large Cap Growth AlphaDEX Fund 3.5 59 16 1.6 -0.9
JETS U.S. Global Jets ETF 3.5 60 15 2.2 -0.3
LGDX Intech S&P Large Cap Diversified Alpha ETF 3.5 25 50 4.2 +1.7
EUDG WisdomTree Europe Quality Dividend Growth Fund 3.5 58 17 5.9 +3.4
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 3.4 20 55 5.6 +3.1
MOTI VanEck Morningstar International Moat ETF 3.4 58 17 9.6 +7.1
UPGD Invesco Bloomberg Analyst Rating Improvers ETF 3.4 40 35 5.5 +3.0
LGLV State Street SPDR US Large Cap Low Volatility Index ETF 3.4 12 63 5.5 +3.0
VFMO Vanguard U.S. Momentum Factor ETF 3.4 13 62 2.6 +0.2
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 3.3 65 10 4.2 +1.7
STXD Strive 1000 Dividend Growth ETF 3.3 35 40 4.3 +1.8
SDY State Street SPDR S&P Dividend ETF 3.3 35 40 6.4 +3.9
FPX First Trust US Equity Opportunities ETF 3.3 61 14 0.8 -1.7
FCTR First Trust Lunt U.S. Factor Rotation ETF 3.3 65 10 1.9 -0.6
EFA iShares MSCI EAFE ETF 3.2 35 40 5.9 +3.5
JAVA JPMorgan Active Value ETF 3.2 44 31 5.7 +3.2
CZAR Themes Natural Monopoly ETF 3.2 35 40 4.9 +2.4
AVSD Avantis Responsible International Equity ETF 3.2 23 52 4.8 +2.3
LVDS JPMorgan Fundamental Data Science Large Value ETF 3.1 49 26 5.9 +3.4
STXI Strive International Developed Markets ETF 3.1 29 46 5.8 +3.3
AKAF The Frontier Economic Fund 3.1 20 55 5.8 +3.3
TPIF Timothy Plan International ETF 3.1 62 13 5.6 +3.1
DTAN Sparkline International Intangible Value ETF 3.1 55 20 7.5 +5.0
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 3.1 75 0 2.3 -0.2
DAT ProShares Big Data Refiners ETF 3.1 58 17 2.1 -0.4
PWB Invesco Large Cap Growth ETF 3.1 56 19 2.0 -0.5
ARKF ARK Fintech Innovation ETF 3.1 75 0 0.1 -2.4
ARKK ARK Innovation ETF 3.1 75 0 -2.9 -5.4
ARKW ARK Next Generation Internet ETF 3.1 87 -12 0.7 -1.8
OGIG ALPS O'Shares Global Internet Giants ETF 3.1 48 27 1.8 -0.7
XPND First Trust Expanded Technology ETF 3.1 65 10 2.9 +0.4
AIQ Global X Artificial Intelligence & Technology ETF 3.1 68 7 3.0 +0.5
IGV iShares Expanded Tech-Software Sector ETF 3.1 41 34 2.6 +0.1
QTOP iShares Nasdaq Top 30 Stocks ETF 3.1 20 55 3.0 +0.5
TECB iShares U.S. Tech Breakthrough Multisector ETF 3.1 40 35 3.1 +0.7
XLK The Technology Select Sector SPDR Fund 3.1 8 67 3.6 +1.1
XNTK State Street SPDR NYSE Technology ETF 3.1 35 40 2.9 +0.4
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 3.1 49 26 4.1 +1.6
CHAT Roundhill Generative AI & Technology ETF 3.1 75 0 6.5 +4.0
WISE Themes Generative Artificial Intelligence ETF 3.1 35 40 -0.4 -2.9
QQQG Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF 3.1 49 26 3.5 +1.0
SGRT SMART Earnings Growth 30 ETF 3.1 59 16 1.9 -0.6
STRN SMART Trend 25 ETF 3.1 59 16 2.7 +0.3
AVDE Avantis International Equity ETF 3.0 23 52 6.6 +4.1
MDLV Morgan Dempsey Large Cap Value ETF 3.0 58 17 6.7 +4.2
FPAG FPA Global Equity ETF 3.0 49 26 5.2 +2.7
NETZ TCW Transform Systems ETF 3.0 75 0 2.1 -0.4
CGGO Capital Group Global Growth Equity ETF 3.0 47 28 3.9 +1.4
DVND Touchstone Dividend Select ETF 3.0 67 8 5.0 +2.5
IWX iShares Russell Top 200 Value ETF 3.0 20 55 5.4 +2.9
SIXA ETC 6 Meridian Mega Cap Equity ETF 3.0 80 -5 6.2 +3.7
FBOT Fidelity Disruptive Automation ETF 2.9 50 25 2.9 +0.5
QDIV Global X S&P 500 Quality Dividend ETF 2.9 20 55 8.4 +5.9
XMAG Defiance Large Cap ex-Mag 7 ETF 2.8 35 40 4.6 +2.1
LOUP Innovator Deepwater Frontier Tech ETF 2.8 70 5 0.7 -1.8
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 2.8 20 55 2.8 +0.3
YLDE ClearBridge Dividend Strategy ESG ETF 2.8 60 15 5.1 +2.6
MGV Vanguard Mega Cap Value ETF 2.8 7 68 5.9 +3.4
IEFA iShares Core MSCI EAFE ETF 2.8 7 68 6.3 +3.8
TRFM AAM Transformers ETF 2.8 49 26 1.0 -1.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 2.8 39 36 6.0 +3.5
RPG Invesco S&P 500 Pure Growth ETF 2.8 35 40 2.7 +0.2
YNOT Horizon Digital Frontier ETF 2.8 75 0 2.6 +0.1
FTCE First Trust New Constructs Core Earnings Leaders ETF 2.8 60 15 4.6 +2.1
GOP Unusual Whales Subversive Republican Trading ETF 2.8 50 25 4.8 +2.3
IYW iShares U.S. Technology ETF 2.7 40 35 3.1 +0.6
LCF Touchstone US Large Cap Focused ETF 2.7 69 6 3.6 +1.1
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.7 39 36 1.4 -1.1
AFOS ARS Focused Opportunities Strategy ETF 2.7 45 30 2.5 +0.0
DFSI Dimensional International Sustainability Core 1 ETF 2.7 24 51 5.6 +3.1
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 2.7 12 63 3.4 +0.9
QGRO American Century U.S. Quality Growth ETF 2.7 29 46 3.1 +0.6
AGQI First Trust Active Global Quality Income ETF 2.7 85 -10 4.8 +2.3
ULVM VictoryShares US Value Momentum ETF 2.7 20 55 6.7 +4.2
SFTY Horizon Managed Risk ETF 2.7 77 -2 3.5 +1.0
STOX Horizon Core Equity ETF 2.7 70 5 3.6 +1.1
PTL Inspire 500 ETF 2.6 9 66 4.8 +2.4
ZECP Zacks Earnings Consistent Portfolio ETF 2.6 55 20 4.2 +1.8
SCHV Schwab U.S. Large-Cap Value ETF 2.6 4 71 6.1 +3.6
GRNY Fundstrat Granny Shots US Large Cap ETF 2.6 75 0 2.4 -0.1
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 2.6 36 39 6.0 +3.5
VYM Vanguard High Dividend Yield Index ETF 2.6 6 69 6.4 +4.0
QLV FlexShares US Quality Low Volatility Index Fund 2.6 22 53 5.1 +2.6
FDLO Fidelity Low Volatility Factor ETF 2.6 15 60 4.8 +2.3
FTCS First Trust Capital Strength ETF 2.6 55 20 5.1 +2.6
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 2.6 60 15 2.7 +0.2
SCHF Schwab International Equity ETF 2.6 6 69 6.4 +3.9
IGM iShares Expanded Tech Sector ETF 2.6 41 34 2.9 +0.4
TTAI FCF International Quality ETF 2.6 59 16 6.4 +4.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 2.6 29 46 5.7 +3.2
DGT State Street SPDR Global Dow ETF 2.5 50 25 6.1 +3.6
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 2.5 25 50 6.5 +4.0
FDMO Fidelity Momentum Factor ETF 2.5 15 60 3.1 +0.6
FELV Fidelity Enhanced Large Cap Value ETF 2.5 18 57 6.1 +3.6
ESMV iShares ESG MSCI USA Min Vol Factor ETF 2.5 18 57 5.0 +2.5
QUVU Hartford Quality Value ETF 2.5 46 29 6.7 +4.2
GSID Goldman Sachs MarketBeta International Equity ETF 2.5 20 55 6.0 +3.5
GVUS Marketbeta Russell 1000 Value Equity ETF 2.5 12 63 5.9 +3.4
ESGD iShares ESG Aware MSCI EAFE ETF 2.5 20 55 5.9 +3.4
IDEV iShares Core MSCI International Developed Markets ETF 2.5 4 71 6.2 +3.7
SHRY First Trust Bloomberg Shareholder Yield ETF 2.5 60 15 9.1 +6.6
SFY SoFi Select 500 ETF 2.5 0 75 3.8 +1.3
FBCV Fidelity Blue Chip Value ETF 2.5 59 16 6.6 +4.1
RND First Trust Bloomberg R&D Leaders ETF 2.4 60 15 2.3 -0.2
XT iShares Exponential Technologies ETF 2.4 46 29 4.3 +1.8
DSPY Tema S&P 500 Historical Weight ETF 2.4 18 57 4.5 +2.0
DFLV Dimensional US Large Cap Value ETF 2.4 22 53 6.7 +4.2
WCLD WisdomTree Cloud Computing Fund 2.4 45 30 1.4 -1.1
BOTZ Global X Robotics & Artificial Intelligence ETF 2.4 69 6 1.8 -0.7
HFXI IQ FTSE International Equity Currency Neutral ETF 2.4 20 55 6.2 +3.7
MOAT VanEck Morningstar Wide Moat ETF 2.4 46 29 5.5 +3.0
MVAL VanEck Morningstar Wide Moat Value ETF 2.4 49 26 6.3 +3.8
JHMD John Hancock Multifactor Developed International ETF 2.4 39 36 6.7 +4.2
DGRO iShares Core Dividend Growth ETF 2.4 8 67 5.9 +3.4
VTV Vanguard Value ETF 2.4 4 71 6.2 +3.7
SGLC SGI U.S. Large Cap Core ETF 2.4 85 -10 3.4 +0.9
ILCV iShares Morningstar Value ETF 2.4 4 71 5.7 +3.2
OEF iShares S&P 100 ETF 2.4 20 55 3.8 +1.3
CIL VictoryShares International Volatility Wtd ETF 2.4 45 30 5.9 +3.4
EWD iShares MSCI Sweden ETF 2.4 54 21 4.7 +2.2
REVS Columbia Research Enhanced Value ETF 2.4 19 56 7.1 +4.6
TOPC iShares S&P 500 3% Capped ETF 2.4 15 60 4.5 +2.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 2.4 75 0 3.3 +0.9
OEI Optimized Equity Income ETF 2.3 75 0 3.2 +0.7
DFAI Dimensional International Core Equity Market ETF 2.3 18 57 6.2 +3.7
FMDE Fidelity Enhanced Mid Cap ETF 2.3 23 52 5.3 +2.8
VEA Vanguard FTSE Developed Markets ETF 2.3 3 72 6.3 +3.8
AIEQ AI Powered Equity ETF 2.3 75 0 4.1 +1.6
SPDW SPDR Portfolio Developed World ex-US ETF 2.3 3 72 6.2 +3.7
SIXL ETC 6 Meridian Low Beta Equity ETF 2.3 80 -5 5.9 +3.4
JGLO JPMorgan Global Select Equity ETF 2.3 33 42 4.4 +1.9
LRND IQ U.S. Large Cap R&D Leaders ETF 2.3 14 61 4.3 +1.8
APUE ActivePassive U.S. Equity ETF 2.3 45 30 4.0 +1.5
WLDR Affinity World Leaders Equity ETF 2.3 67 8 6.7 +4.2
TOK iShares MSCI Kokusai ETF 2.3 26 49 4.4 +1.9
HEDJ WisdomTree Europe Hedged Equity Fund 2.3 58 17 5.8 +3.3
PFM Invesco Dividend Achievers ETF 2.3 53 22 4.7 +2.2
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 2.2 60 15 5.2 +2.7
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 2.2 49 26 8.4 +5.9
BKIE BNY Mellon International Equity ETF 2.2 4 71 6.2 +3.7
DSTL Distillate US Fundamental Stability & Value ETF 2.2 39 36 7.4 +4.9
KOKU Xtrackers MSCI Kokusai Equity ETF 2.2 9 66 4.6 +2.1
EUDV ProShares MSCI Europe Dividend Growers ETF 2.2 55 20 5.5 +3.0
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.2 57 18 3.4 +0.9
MGC Vanguard Mega Cap ETF 2.2 7 68 4.0 +1.5
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 2.2 35 40 5.2 +2.7
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 2.2 49 26 3.0 +0.5
RECS Columbia Research Enhanced Core ETF 2.2 15 60 5.1 +2.6
IWD iShares Russell 1000 Value ETF 2.2 19 56 5.8 +3.3
SPXN ProShares S&P 500 Ex-Financials ETF 2.2 9 66 4.1 +1.7
VONV Vanguard Russell 1000 Value ETF 2.2 7 68 5.9 +3.4
PY Principal Value ETF 2.2 15 60 6.6 +4.1
INCE Franklin Income Equity Focus ETF 2.2 29 46 5.1 +2.6
IQLT iShares MSCI Intl Quality Factor ETF 2.2 30 45 5.5 +3.0
GEW Cambria Global EW ETF 2.2 29 46 5.5 +3.0
IVE iShares S&P 500 Value ETF 2.2 18 57 5.5 +3.0
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.2 65 10 7.3 +4.9
SPYV State Street SPDR Portfolio S&P 500 Value ETF 2.2 4 71 5.7 +3.2
IXN iShares Global Tech ETF 2.2 41 34 2.9 +0.4
MGK Vanguard Mega Cap Growth ETF 2.2 7 68 3.3 +0.8
FTEC Fidelity MSCI Information Technology Index ETF 2.2 8 67 3.2 +0.8
VOOV Vanguard S&P 500 Value ETF 2.1 7 68 5.6 +3.1
ADME Aptus Drawdown Managed Equity ETF 2.1 79 -4 3.3 +0.8
URTH iShares MSCI World ETF 2.1 24 51 4.5 +2.0
FVD First Trust Value Line Dividend Index Fund 2.1 65 10 5.8 +3.3
USMV iShares MSCI USA Min Vol Factor ETF 2.1 15 60 5.0 +2.6
FVAL Fidelity Value Factor ETF 2.1 15 60 5.9 +3.4
DFUV Dimensional US Marketwide Value ETF 2.1 22 53 6.6 +4.2
LCDS JPMorgan Fundamental Data Science Large Core ETF 2.1 30 45 4.1 +1.6
DIVB iShares Core Dividend ETF 2.1 5 70 7.5 +5.0
IWL iShares Russell Top 200 ETF 2.1 15 60 3.9 +1.4
QQQ Invesco QQQ Trust Series I 2.1 20 55 3.4 +0.9
QQQM Invesco NASDAQ 100 ETF 2.1 15 60 3.4 +0.9
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 2.1 7 68 4.2 +1.7
DFNV Donoghue Forlines Innovation ETF 2.1 69 6 3.6 +1.2
DLN WisdomTree U.S. LargeCap Dividend Fund 2.1 28 47 5.4 +2.9
QQMG Invesco ESG NASDAQ 100 ETF 2.1 20 55 3.4 +0.9
IUSV iShares Core S&P US Value ETF 2.0 4 71 5.8 +3.3
FEX First Trust Large Cap Core AlphaDEX Fund 2.0 59 16 5.2 +2.7
BKLC BNY Mellon US Large Cap Core Equity ETF 2.0 0 75 4.3 +1.8
SPXV ProShares S&P 500 Ex-Health Care ETF 2.0 9 66 4.1 +1.6
VGT Vanguard Information Technology ETF 2.0 9 66 3.3 +0.8
SPLV Invesco S&P 500 Low Volatility ETF 2.0 25 50 5.2 +2.7
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 2.0 25 50 5.2 +2.7
DFIC Dimensional International Core Equity 2 ETF 2.0 23 52 6.5 +4.0
VOTE TCW Transform 500 ETF 2.0 5 70 4.3 +1.8
JMOM JPMorgan U.S. Momentum Factor ETF 2.0 12 63 3.9 +1.4
QGRW WisdomTree U.S. Quality Growth Fund 2.0 28 47 3.3 +0.8
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 2.0 20 55 4.0 +1.5
ASLV Allspring Special Large Value ETF 2.0 35 40 6.0 +3.5
RODM Hartford Multifactor Developed Markets (ex-US) ETF 2.0 29 46 7.0 +4.5
UIVM VictoryShares International Value Momentum ETF 2.0 35 40 7.8 +5.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 2.0 2 73 4.3 +1.8
STRV Strive 500 ETF 2.0 5 70 4.2 +1.7
TMFX Motley Fool Next Index ETF 2.0 50 25 2.8 +0.3
ACWX iShares MSCI ACWI ex U.S. ETF 2.0 34 41 6.7 +4.2
CFA VictoryShares US 500 Volatility Wtd ETF 2.0 35 40 5.4 +2.9
VV Vanguard Large-Cap ETF 2.0 4 71 4.2 +1.7
FUNL CornerCap Fundametrics Large-Cap ETF 2.0 50 25 6.5 +4.0
RWL Invesco S&P 500 Revenue ETF 2.0 39 36 6.1 +3.6
GXPT Global X PureCap MSCI Information Technology ETF 2.0 25 50 3.3 +0.8
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 2.0 40 35 5.4 +2.9
USMF WisdomTree U.S. Multifactor Fund 2.0 28 47 6.5 +4.0
VOO Vanguard S&P 500 ETF 1.9 3 72 4.3 +1.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.9 9 66 5.0 +2.5
FICS First Trust International Developed Capital Strength ETF 1.9 70 5 6.4 +4.0
STXG Strive 1000 Growth ETF 1.9 18 57 3.1 +0.7
IVV iShares Core S&P 500 ETF 1.9 3 72 4.3 +1.8
SPYM State Street SPDR Portfolio S&P 500 ETF 1.9 2 73 4.3 +1.8
SPY SPDR S&P 500 ETF 1.9 9 66 4.2 +1.7
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.9 64 11 0.9 -1.6
TOV JLens 500 Jewish Advocacy U.S. ETF 1.9 18 57 4.0 +1.5
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.9 35 40 3.7 +1.2
SPXT ProShares S&P 500 Ex-Technology ETF 1.9 9 66 4.9 +2.4
FELC Fidelity Enhanced Large Cap Core ETF 1.9 18 57 4.5 +2.0
ACWI iShares MSCI ACWI ETF 1.9 32 43 4.8 +2.3
JQUA JPMorgan U.S. Quality Factor ETF 1.9 12 63 5.1 +2.6
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 1.9 11 64 4.3 +1.8
IDHQ Invesco S&P International Developed High Quality ETF 1.9 29 46 5.6 +3.1
CWI SPDR MSCI ACWI ex-US ETF 1.9 30 45 6.7 +4.2
SPXE ProShares S&P 500 Ex-Energy ETF 1.9 9 66 4.1 +1.6
GXLC Global X U.S. 500 ETF 1.9 2 73 4.2 +1.7
PBUS Invesco MSCI USA ETF 1.9 4 71 4.3 +1.8
OALC OneAscent Large Cap Core ETF 1.9 86 -11 3.4 +1.0
ILCB iShares Morningstar U.S. Equity ETF 1.9 3 72 4.2 +1.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 1.9 9 66 5.6 +3.1
EWUS iShares MSCI United Kingdom Small Cap ETF 1.9 59 16 7.1 +4.6
SCHX Schwab U.S. Large-Cap ETF 1.8 3 72 4.3 +1.8
DTD WisdomTree U.S. Total Dividend Fund 1.8 28 47 5.7 +3.2
DFUS Dimensional U.S. Equity ETF 1.8 9 66 4.2 +1.7
VEU Vanguard FTSE All-World ex-US Index Fund 1.8 4 71 7.1 +4.6
FDRR Fidelity Dividend ETF for Rising Rates 1.8 15 60 6.2 +3.7
IYY iShares Dow Jones U.S. ETF 1.8 20 55 4.1 +1.6
ALTL Pacer Lunt Large Cap Alternator ETF 1.8 60 15 4.3 +1.8
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 1.8 3 72 4.5 +2.0
SCHK Schwab 1000 Index ETF 1.8 5 70 4.3 +1.8
SPXM Azoria 500 Meritocracy ETF 1.8 47 28 3.9 +1.4
VOOG Vanguard S&P 500 Growth ETF 1.8 7 68 3.3 +0.8
VONE Vanguard Russell 1000 ETF 1.8 7 68 4.3 +1.8
IWB iShares Russell 1000 ETF 1.8 15 60 4.2 +1.7
QVML Invesco S&P 500 QVM Multi-factor ETF 1.8 11 64 4.4 +2.0
IVW iShares S&P 500 Growth ETF 1.8 18 57 3.1 +0.7
SPYG State Street SPDR Portfolio S&P 500 Growth ETF 1.8 4 71 3.3 +0.8
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 1.8 56 19 5.9 +3.4
VTI Vanguard Total Stock Market ETF 1.7 3 72 4.3 +1.8
IXUS iShares Core MSCI Total International Stock ETF 1.7 7 68 6.9 +4.5
VUG Vanguard Growth ETF 1.7 4 71 3.3 +0.8
ITOT iShares Core S&P Total U.S. Stock Market ETF 1.7 3 72 4.2 +1.7
SCHB Schwab U.S. Broad Market ETF 1.7 3 72 4.3 +1.8
FXL First Trust Technology AlphaDEX Fund 1.7 61 14 5.0 +2.5
VXUS Vanguard Total International Stock ETF 1.7 5 70 7.0 +4.6
IZRL ARK Israel Innovative Technology ETF 1.7 49 26 1.2 -1.3
FIVA Fidelity International Value Factor ETF 1.7 18 57 8.3 +5.8
QINT American Century Quality Diversified International ETF 1.7 39 36 6.3 +3.8
HLGE Hartford Longevity Economy ETF 1.7 44 31 5.5 +3.1
GGUS Marketbeta Russell 1000 Growth Equity ETF 1.7 12 63 3.6 +1.1
VT Vanguard Total World Stock ETF 1.7 6 69 5.2 +2.7
RVRB Reverb ETF 1.7 30 45 4.0 +1.5
IWV iShares Russell 3000 ETF 1.7 20 55 4.1 +1.6
VTHR Vanguard Russell 3000 ETF 1.7 7 68 4.2 +1.8
FENI Fidelity Enhanced International ETF 1.7 28 47 5.8 +3.3
IUSG iShares Core S&P U.S. Growth ETF 1.7 4 71 3.4 +0.9
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 1.7 27 48 6.8 +4.3
VALQ American Century U.S. Quality Value ETF 1.7 29 46 6.9 +4.4
BMVP Invesco Bloomberg MVP Multi-factor ETF 1.7 29 46 6.6 +4.1
SDOG ALPS Sector Dividend Dogs ETF 1.7 36 39 9.0 +6.5
EMOT First Trust S&P 500 Economic Moat ETF 1.7 60 15 6.6 +4.1
SCHD Schwab US Dividend Equity ETF 1.7 6 69 9.2 +6.7
SPDV AAM S&P 500 High Dividend Value ETF 1.7 29 46 11.0 +8.5
GINX SGI Enhanced Global Income ETF 1.7 98 -23 7.2 +4.7
TBG TBG Dividend Focus ETF 1.7 59 16 7.3 +4.8
KAT Scharf ETF 1.7 87 -12 4.7 +2.2
EFAV iShares MSCI EAFE Min Vol Factor ETF 1.7 22 53 5.6 +3.1
IWY iShares Russell Top 200 Growth ETF 1.7 20 55 3.2 +0.7
IUS Invesco RAFI Strategic US ETF 1.7 19 56 6.1 +3.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 1.7 20 55 4.4 +1.9
QEFA SPDR MSCI EAFE StrategicFactors ETF 1.6 30 45 6.2 +3.7
JOET Virtus Terranova US Quality Momentum ETF 1.6 29 46 4.3 +1.8
ACVF American Conservative Values ETF 1.6 75 0 3.7 +1.2
NANC Unusual Whales Subversive Democratic Trading ETF 1.6 75 0 2.9 +0.4
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 1.6 95 -20 -0.4 -2.9
TOLL Tema Durable Quality ETF 1.6 75 0 4.4 +1.9
JHML John Hancock Multifactor Large Cap ETF 1.6 29 46 4.7 +2.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.6 41 34 6.7 +4.2
DGRW WisdomTree US Quality Dividend Growth Fund 1.6 28 47 4.9 +2.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 1.6 25 50 4.8 +2.3
STXV Strive 1000 Value ETF 1.6 18 57 7.4 +4.9
PRF Invesco FTSE RAFI US 1000 ETF 1.6 39 36 6.1 +3.6
PRNT 3D Printing ETF 1.6 66 9 1.7 -0.8
LYLD Cambria Large Cap Shareholder Yield ETF 1.6 59 16 8.9 +6.4
MAVF Matrix Advisors Value ETF 1.6 75 0 5.0 +2.5
FLAG Global X S&P 500 U.S. Market Leaders Top 50 ETF 1.6 29 46 6.0 +3.5
HDUS Hartford Disciplined US Equity ETF 1.6 19 56 5.0 +2.5
WRND IQ Global Equity R&D Leaders ETF 1.6 18 57 6.8 +4.3
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.6 18 57 6.7 +4.2
RAYD Rayliant Quantitative Developed Market Equity ETF 1.6 80 -5 4.5 +2.0
HUSV First Trust Horizon Managed Volatility Domestic ETF 1.6 70 5 4.6 +2.1
FLV American Century Focused Large Cap Value ETF 1.6 42 33 6.2 +3.7
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 1.6 60 15 5.3 +2.8
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 1.6 60 15 3.7 +1.2
SWP SWP Growth & Income ETF 1.6 99 -24 3.7 +1.3
BGDV Bahl & Gaynor Dividend ETF 1.6 45 30 4.1 +1.6
JIRE JPMorgan International Research Enhanced Equity ETF 1.5 24 51 6.5 +4.0
QUS State Street SPDR MSCI USA StrategicFactors ETF 1.5 15 60 5.0 +2.5
PDP Invesco Dorsey Wright Momentum ETF 1.5 62 13 1.6 -0.9
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 1.5 32 43 5.5 +3.0
FLQL Franklin LibertyQ U.S. Equity ETF 1.5 15 60 4.6 +2.1
GQQQ Astoria US Quality Growth Kings ETF 1.5 35 40 3.7 +1.2
FNDX Schwab Fundamental US Large Co. Index ETF 1.5 25 50 6.6 +4.1
SCHG Schwab U.S. Large-Cap Growth ETF 1.5 4 71 3.1 +0.6
DOL WisdomTree International LargeCap Dividend Fund 1.5 48 27 6.3 +3.8
ESGU iShares ESG Aware MSCI USA ETF 1.5 15 60 4.2 +1.7
FFLC Fidelity Fundamental Large Cap Core ETF 1.5 38 37 3.9 +1.4
DFAU Dimensional US Core Equity Market ETF 1.5 12 63 4.4 +1.9
EPS WisdomTree U.S. LargeCap Fund 1.5 8 67 5.0 +2.5
HAPS Harbor Human Capital Factor US Small Cap ETF 1.5 60 15 3.5 +1.0
FEOE First Eagle Overseas Equity ETF 1.5 79 -4 6.2 +3.7
VONG Vanguard Russell 1000 Growth ETF 1.5 7 68 3.4 +0.9
JVAL JPMorgan U.S. Value Factor ETF 1.5 12 63 7.1 +4.6
VIG Vanguard Dividend Appreciation ETF 1.4 5 70 4.9 +2.5
IWF iShares Russell 1000 Growth ETF 1.4 19 56 3.2 +0.7
RSPT Invesco S&P 500 Equal Weight Technology ETF 1.4 40 35 4.7 +2.2
RFFC ALPS Active Equity Opportunity ETF 1.4 48 27 3.7 +1.3
RSP Invesco S&P 500 Equal Weight ETF 1.4 20 55 6.1 +3.6
EVUS iShares ESG Aware MSCI USA Value ETF 1.4 18 57 5.8 +3.3
FNDB Schwab Fundamental US Broad Market Index ETF 1.4 25 50 6.6 +4.1
TIME Clockwise Core Equity & Innovation ETF 1.4 95 -20 3.2 +0.8
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.4 25 50 6.4 +3.9
OUSA ALPS O'Shares U.S. Quality Dividend ETF 1.4 48 27 5.2 +2.7
INRO iShares U.S. Industry Rotation Active ETF 1.4 42 33 4.0 +1.5
DURA VanEck Durable High Dividend ETF 1.4 29 46 6.8 +4.3
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 1.4 25 50 5.5 +3.0
SPIT F/m Emerald Special Situations ETF 1.4 105 -30 -0.9 -3.4
THRO iShares U.S. Thematic Rotation Active ETF 1.4 90 -15 3.1 +0.6
SPHQ Invesco S&P 500 Quality ETF 1.4 15 60 4.7 +2.3
ILCG iShares Morningstar Growth ETF 1.4 4 71 3.0 +0.5
VIGI Vanguard International Dividend Appreciation ETF 1.4 10 65 5.8 +3.3
SSPY Syntax Stratified LargeCap ETF 1.4 30 45 6.1 +3.6
SFYX SoFi Next 500 ETF 1.4 0 75 5.3 +2.8
VLU State Street SPDR S&P 1500 Value Tilt ETF 1.4 12 63 6.7 +4.2
SHUS Syntax Stratified U.S. Total Market Hedged ETF 1.4 65 10 5.8 +3.3
WCEO Hypatia Women CEO ETF 1.3 85 -10 3.0 +0.5
ONEQ Fidelity Nasdaq Composite Index ETF 1.3 21 54 3.1 +0.6
IQDG WisdomTree International Quality Dividend Growth Fund 1.3 42 33 6.2 +3.7
RUNN Running Oak Efficient Growth ETF 1.3 58 17 4.6 +2.1
FFND Future Fund Active ETF 1.3 100 -25 3.2 +0.8
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.3 35 40 5.8 +3.3
TPHD Timothy Plan High Dividend Stock ETF 1.3 52 23 6.6 +4.1
TPHE Timothy Plan High Dividend Stock Enhanced ETF 1.3 54 21 6.5 +4.0
POWA Invesco Bloomberg Pricing Power ETF 1.3 40 35 5.1 +2.6
FTDS First Trust Dividend Strength ETF 1.3 70 5 7.6 +5.1
COWZ Pacer US Cash Cows 100 ETF 1.3 49 26 7.6 +5.1
WAR U.S. Global Tech and Aerospace & Defense ETF 1.3 60 15 4.9 +2.5
USCL iShares Climate Conscious & Transition MSCI USA ETF 1.3 8 67 4.3 +1.8
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 1.3 5 70 7.4 +4.9
EUSA iShares MSCI USA Equal Weighted ETF 1.3 9 66 5.7 +3.2
RAUS RACWI US ETF 1.3 15 60 4.3 +1.8
INTF iShares International Equity Factor ETF 1.3 15 60 6.7 +4.3
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.3 30 45 6.8 +4.3
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.3 9 66 3.7 +1.2
MAGA Point Bridge America First ETF 1.3 72 3 5.9 +3.4
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 1.3 79 -4 4.9 +2.4
LOWV AB US Low Volatility Equity ETF 1.3 48 27 4.6 +2.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.3 39 36 7.0 +4.5
DYNF BlackRock U.S. Equity Factor Rotation ETF 1.3 30 45 3.9 +1.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.3 42 33 5.8 +3.3
FTGS First Trust Growth Strength ETF 1.2 60 15 3.7 +1.2
DFVX Dimensional US Large Cap Vector ETF 1.2 22 53 5.4 +3.0
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.2 15 60 4.1 +1.6
SIZE iShares MSCI USA Size Factor ETF 1.2 15 60 5.7 +3.2
QWLD SPDR MSCI World StrategicFactors ETF 1.2 30 45 5.2 +2.7
ALRG Allspring LT Large Core ETF 1.2 28 47 3.8 +1.3
EFAD ProShares MSCI EAFE Dividend Growers ETF 1.2 50 25 5.5 +3.0
DXIV Dimensional International Vector Equity ETF 1.2 34 41 6.8 +4.3
GINN Goldman Sachs Innovate Equity ETF 1.2 52 23 3.3 +0.8
SPHB Invesco S&P 500 High Beta ETF 1.2 25 50 4.2 +1.7
FLRG Fidelity U.S. Multifactor ETF 1.2 15 60 6.1 +3.6
GSPY Gotham Enhanced 500 ETF 1.2 50 25 4.5 +2.0
LCTU BlackRock U.S. Carbon Transition Readiness ETF 1.2 14 61 4.2 +1.8
FNDC Schwab Fundamental International Small Co. Index ETF 1.2 39 36 5.5 +3.0
DWMF WisdomTree International Multifactor Fund 1.2 38 37 6.5 +4.0
JCTR JPMorgan Carbon Transition U.S. Equity ETF 1.2 15 60 4.0 +1.5
EGUS iShares ESG Aware MSCI USA Growth ETF 1.2 18 57 2.9 +0.4
EDOW First Trust Dow 30 Equal Weight ETF 1.2 50 25 4.7 +2.2
DIA SPDR Dow Jones Industrial Average ETF 1.2 16 59 4.7 +2.2
RGEF Rockefeller Global Equity ETF 1.2 55 20 4.0 +1.5
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 1.2 52 23 5.1 +2.6
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 1.2 58 17 5.0 +2.5
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF 1.2 50 25 7.9 +5.4
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.2 58 17 6.1 +3.6
DWM WisdomTree International Equity Fund 1.2 48 27 6.5 +4.0
SAMM Strategas Macro Momentum ETF 1.1 66 9 1.9 -0.6
PRN Invesco Dorsey Wright Industrials Momentum ETF 1.1 60 15 1.5 -1.0
TMFS Motley Fool Small-Cap Growth ETF 1.1 85 -10 2.5 -0.0
XLG Invesco S&P 500 Top 50 ETF 1.1 20 55 3.5 +1.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.1 80 -5 7.8 +5.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.1 20 55 5.7 +3.2
RFG Invesco S&P Midcap 400 Pure Growth ETF 1.1 35 40 4.7 +2.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 1.1 40 35 6.6 +4.1
XMMO Invesco S&P MidCap Momentum ETF 1.1 34 41 3.8 +1.3
XDAT Franklin Exponential Data ETF 1.1 50 25 1.9 -0.6
HAPI Harbor Human Capital Factor US Large Cap ETF 1.1 36 39 4.3 +1.8
GLBL Pacer MSCI World Industry Advantage ETF 1.1 65 10 3.5 +1.0
DFSU Dimensional US Sustainability Core 1 ETF 1.1 18 57 4.6 +2.1
DCOR Dimensional US Core Equity 1 ETF 1.1 14 61 4.7 +2.2
AVUQ Avantis U.S. Quality ETF 1.1 15 60 3.6 +1.1
FDEV Fidelity International Multifactor ETF 1.1 18 57 6.7 +4.3
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 1.1 20 55 7.4 +5.0
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 1.1 55 20 3.6 +1.1
SFGV Sequoia Global Value ETF 1.1 23 52 7.7 +5.2
VFMF Vanguard U.S. Multifactor ETF 1.1 18 57 6.9 +4.4
FIDI Fidelity International High Dividend ETF 1.1 18 57 7.5 +5.1
CAML Congress Large Cap Growth ETF 1.1 66 9 2.5 +0.0
JPIN J.P. Morgan Diversified Return International Equity ETF 1.1 37 38 7.4 +4.9
DEUS Xtrackers Russell US Multifactor ETF 1.0 17 58 6.2 +3.7
CHRI Global X S&P 500 Christian Values ETF 1.0 29 46 4.0 +1.5
LGRO Level Four Large Cap Growth Active ETF 1.0 55 20 3.4 +0.9
KRMA Global X Conscious Companies ETF 1.0 43 32 5.3 +2.8
FEGE First Eagle Global Equity ETF 1.0 79 -4 5.9 +3.4
VOE Vanguard Mid-Cap Value ETF 1.0 7 68 7.1 +4.7
DTEC ALPS Disruptive Technologies ETF 1.0 50 25 3.4 +0.9
SPMV Invesco S&P 500 Minimum Variance ETF 1.0 10 65 5.0 +2.5
SURE AdvisorShares Insiders Advantage ETF 1.0 90 -15 8.6 +6.1
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.0 58 17 4.0 +1.5
AVUS Avantis U.S. Equity ETF 1.0 15 60 5.1 +2.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.0 24 51 6.6 +4.1
USCA Xtrackers MSCI USA Climate Action Equity ETF 1.0 7 68 4.5 +2.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.0 49 26 6.4 +3.9
DVY iShares Select Dividend ETF 0.9 38 37 8.6 +6.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.9 9 66 4.6 +2.1
MODL VictoryShares WestEnd U.S. Sector ETF 0.9 42 33 4.0 +1.5
IGRO iShares International Dividend Growth ETF 0.9 15 60 6.4 +3.9
QDEF FlexShares Quality Dividend Defensive Index Fund 0.9 37 38 5.3 +2.8
IEUS iShares MSCI Europe Small-Cap ETF 0.9 42 33 6.7 +4.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.9 20 55 4.9 +2.4
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.9 29 46 3.9 +1.4
QUAL iShares MSCI USA Quality Factor ETF 0.8 15 60 4.4 +1.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.8 45 30 7.7 +5.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.8 17 58 4.8 +2.3
FESM Fidelity Enhanced Small Cap ETF 0.8 28 47 2.9 +0.4
XSW State Street SPDR S&P Software & Services ETF 0.8 35 40 2.4 -0.1
LRGF iShares U.S. Equity Factor ETF 0.8 8 67 4.8 +2.3
XOEF iShares S&P 500 ex S&P 100 ETF 0.8 20 55 5.0 +2.5
FFOX FundX Future Fund Opportunities ETF 0.8 100 -25 2.9 +0.4
XVV iShares ESG Screened S&P 500 ETF 0.8 8 67 4.1 +1.7
DFIS Dimensional International Small Cap ETF 0.8 39 36 6.4 +3.9
QLC FlexShares US Quality Large Cap Index Fund 0.8 25 50 4.6 +2.1
VSLU Applied Finance Valuation Large Cap ETF 0.8 49 26 4.7 +2.2
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.8 20 55 6.0 +3.5
AIRR First Trust RBA American Industrial Renaissance ETF 0.8 70 5 4.3 +1.8
NACP Impact Shares NAACP Minority Empowerment ETF 0.8 49 26 4.1 +1.6
FCPI Fidelity Stocks for Inflation ETF 0.8 15 60 6.9 +4.5
JEPI JPMorgan Equity Premium Income ETF 0.8 35 40 5.0 +2.5
DIM WisdomTree International MidCap Dividend Fund 0.8 58 17 6.6 +4.1
ESGV Vanguard ESG U.S. Stock ETF 0.8 9 66 4.1 +1.6
CATH Global X S&P 500 Catholic Values Custom ETF 0.8 29 46 4.0 +1.5
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.8 18 57 7.2 +4.7
SMOT VanEck Morningstar SMID Moat ETF 0.7 49 26 6.0 +3.5
SPVM Invesco S&P 500 Value with Momentum ETF 0.7 39 36 6.8 +4.3
GQI Natixis Gateway Quality Income ETF 0.7 34 41 4.2 +1.7
DUHP Dimensional US High Profitability ETF 0.7 21 54 5.0 +2.5
FNDF Schwab Fundamental International Large Co. Index ETF 0.7 25 50 8.5 +6.0
KLMT Invesco MSCI Global Climate 500 ETF 0.7 10 65 5.0 +2.5
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.7 70 5 3.3 +0.9
QQQS Invesco NASDAQ Future Gen 200 ETF 0.7 20 55 -4.9 -7.4
RODE Hartford Multifactor Diversified International ETF 0.7 29 46 9.9 +7.4
FBCG Fidelity Blue Chip Growth ETF 0.7 59 16 2.2 -0.3
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.7 70 5 1.8 -0.7
OPTZ Optimize Strategy Index ETF 0.7 50 25 4.3 +1.8
AVDS Avantis International Small Cap Equity ETF 0.7 30 45 6.2 +3.7
IOO iShares Global 100 ETF 0.7 41 34 3.9 +1.4
VLUE iShares MSCI USA Value Factor ETF 0.6 15 60 8.3 +5.8
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.6 60 15 3.4 +1.0
SHE State Street SPDR MSCI USA Gender Diversity ETF 0.6 20 55 4.6 +2.2
JHSC John Hancock Multifactor Small Cap ETF 0.6 42 33 6.1 +3.6
DXUV Dimensional US Vector Equity ETF 0.6 28 47 5.4 +2.9
KLMN Invesco MSCI North America Climate ETF 0.6 9 66 4.4 +1.9
DAK Dakota Active Equity ETF 0.6 43 32 3.8 +1.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.6 19 56 5.5 +3.0
ANEW ProShares MSCI Transformational Changes ETF 0.6 45 30 4.6 +2.1
SCHC Schwab International Small-Cap Equity ETF 0.6 11 64 7.0 +4.5
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.6 12 63 5.3 +2.8
VO Vanguard Mid-Cap ETF 0.6 4 71 5.4 +2.9
FQAL Fidelity Quality Factor ETF 0.6 15 60 4.9 +2.4
DIVG Invesco S&P 500 High Dividend Growers ETF 0.6 39 36 7.9 +5.4
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.6 52 23 5.6 +3.1
IWS iShares Russell Mid-Cap Value ETF 0.6 23 52 6.5 +4.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.6 20 55 5.0 +2.5
FELG Fidelity Enhanced Large Cap Growth ETF 0.6 18 57 3.7 +1.2
CVAR Cultivar ETF 0.5 87 -12 7.0 +4.5
QDF FlexShares Quality Dividend Index Fund 0.5 37 38 5.5 +3.0
GLOF iShares Global Equity Factor ETF 0.5 20 55 6.0 +3.5
ROUS Hartford Multifactor US Equity ETF 0.5 19 56 6.2 +3.7
VUSE Vident U.S. Equity Strategy ETF 0.5 50 25 3.5 +1.0
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.5 40 35 4.4 +1.9
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.5 39 36 2.9 +0.4
BFOR ALPS Barron's 400 ETF 0.5 65 10 5.1 +2.6
IWO iShares Russell 2000 Growth ETF 0.5 24 51 0.7 -1.8
VTWG Vanguard Russell 2000 Growth ETF 0.5 10 65 0.8 -1.7
AIVI WisdomTree International AI Enhanced Value Fund 0.5 58 17 6.2 +3.8
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.5 65 10 10.1 +7.6
TRUT VanEck Technology TruSector ETF 0.5 13 62 3.6 +1.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.5 35 40 6.8 +4.3
TPSC Timothy Plan US Small Cap Core ETF 0.5 52 23 6.5 +4.0
FDVV Fidelity High Dividend ETF 0.5 15 60 7.0 +4.5
IJK iShares S&P Mid-Cap 400 Growth ETF 0.5 17 58 5.1 +2.6
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.5 4 71 5.4 +2.9
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.5 25 50 7.2 +4.7
IMCV iShares Morningstar Mid-Cap Value ETF 0.5 6 69 7.5 +5.0
FPXI First Trust International Equity Opportunities ETF 0.5 70 5 3.7 +1.2
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.5 10 65 5.2 +2.8
VFVA Vanguard U.S. Value Factor ETF 0.5 13 62 9.7 +7.2
CGGR Capital Group Growth ETF 0.5 39 36 2.7 +0.2
IMCB iShares Morningstar Mid-Cap ETF 0.4 4 71 5.7 +3.2
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.4 15 60 5.1 +2.6
IWR iShares Russell Midcap ETF 0.4 19 56 5.6 +3.1
IMCG iShares Morningstar Mid-Cap Growth ETF 0.4 6 69 3.7 +1.2
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.4 60 15 4.4 +1.9
AFLG First Trust Active Factor Large Cap ETF 0.4 55 20 5.5 +3.0
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.4 15 60 6.6 +4.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.4 20 55 6.6 +4.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.4 12 63 4.4 +1.9
ISCG iShares Morningstar Small-Cap Growth ETF 0.4 6 69 2.6 +0.1
ISCF iShares International SmallCap Equity Factor ETF 0.4 23 52 7.6 +5.1
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.4 58 17 7.5 +5.0
VBK Vanguard Small-Cap Growth ETF 0.4 7 68 1.6 -0.9
SCZ iShares MSCI EAFE Small-Cap ETF 0.4 40 35 6.4 +3.9
DIVI Franklin International Core Dividend Tilt Index ETF 0.4 9 66 7.1 +4.6
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.4 38 37 5.8 +3.3
EBI Longview Advantage ETF 0.4 35 40 5.9 +3.4
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.4 8 67 6.7 +4.2
NUSC Nuveen ESG Small-Cap ETF 0.3 31 44 4.8 +2.3
PRAY FIS Christian Stock Fund 0.3 69 6 4.5 +2.0
BKSE BNY Mellon US Small Cap Core Equity ETF 0.3 4 71 5.4 +2.9
DFE WisdomTree Europe SmallCap Dividend Fund 0.3 58 17 7.4 +4.9
FTA First Trust Large Cap Value AlphaDEX Fund 0.3 59 16 8.1 +5.6
STXM Strive Mid-Cap ETF 0.3 18 57 5.8 +3.3
DMXF iShares ESG Advanced MSCI EAFE ETF 0.3 12 63 5.2 +2.7
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.3 35 40 5.1 +2.6
IGPT Invesco AI and Next Gen Software ETF 0.3 60 15 3.5 +1.0
XJH iShares ESG Screened S&P Mid-Cap ETF 0.3 12 63 6.4 +4.0
PSC Principal U.S. Small-Cap ETF 0.3 38 37 6.2 +3.7
FNX First Trust Mid Cap Core AlphaDEX Fund 0.3 60 15 6.3 +3.8
SELV SEI Enhanced Low Volatility U.S. Large Cap ETF 0.3 15 60 5.8 +3.3
AVSU Avantis Responsible U.S. Equity ETF 0.3 15 60 5.1 +2.7
RSSL Global X Russell 2000 ETF 0.3 8 67 3.3 +0.8
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.3 17 58 5.5 +3.0
IWM iShares Russell 2000 ETF 0.3 19 56 3.3 +0.9
VTWO Vanguard Russell 2000 ETF 0.3 7 68 3.5 +1.0
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.3 14 61 5.7 +3.2
MDY SPDR S&P Midcap 400 ETF Trust 0.2 24 51 6.3 +3.9
IJH iShares Core S&P Mid-Cap ETF 0.2 5 70 6.5 +4.1
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.2 3 72 6.6 +4.1
IVOO Vanguard S&P Mid-Cap 400 ETF 0.2 7 68 6.6 +4.1
GVLU Gotham 1000 Value ETF 0.2 50 25 8.5 +6.0
DLS WisdomTree International SmallCap Dividend Fund 0.2 58 17 7.4 +4.9
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.2 35 40 5.9 +3.4
ISCB iShares Morningstar Small-Cap ETF 0.2 4 71 5.3 +2.8
EZM WisdomTree U.S. MidCap Fund 0.2 38 37 7.9 +5.4
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.2 80 -5 9.9 +7.4
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.2 39 36 4.6 +2.1
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 50 7.1 +4.6
VB Vanguard Small-Cap ETF 0.2 5 70 5.5 +3.0
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.2 10 65 3.6 +1.1
SCHM Schwab U.S. Mid-Cap ETF 0.2 4 71 6.3 +3.8
FAB First Trust Multi Cap Value AlphaDEX Fund 0.2 67 8 9.1 +6.6
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 51 6.8 +4.3
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 60 5.5 +3.0
FSMD Fidelity Small-Mid Multifactor ETF 0.1 15 60 6.3 +3.8
GWX SPDR S&P International Small Cap ETF 0.1 40 35 6.1 +3.6
VXF Vanguard Extended Market ETF 0.1 5 70 4.1 +1.6
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.1 20 55 5.5 +3.1
DIVN Horizon Dividend Income ETF 0.1 70 5 6.9 +4.5
DFAS Dimensional U.S. Small Cap ETF 0.1 26 49 6.1 +3.6
DISV Dimensional International Small Cap Value ETF 0.1 42 33 8.3 +5.8
AVDV Avantis International Small Cap Value ETF 0.1 36 39 8.0 +5.5
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.1 7 68 5.3 +2.8
VFQY Vanguard U.S. Quality Factor ETF 0.1 13 62 5.4 +3.0
RWK Invesco S&P MidCap 400 Revenue ETF 0.1 39 36 8.6 +6.1
AVMC Avantis U.S. Mid Cap Equity ETF 0.1 18 57 6.2 +3.7
SMMD iShares Russell 2500 ETF 0.0 15 60 6.1 +3.6
IWP iShares Russell Mid-Cap Growth ETF 0.0 23 52 2.7 +0.2
JHMM John Hancock Multifactor Mid Cap ETF 0.0 42 33 5.6 +3.2

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:		 Tema International Defense Innov ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 17.8 %
Divided by: Fwd. P/BV 5.5 x
Less: Expense ratio 75 bp
Equals: ALTAR Score 2.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.65 CATEGORY
AVERAGE		 1.64
 
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.