VanEck Gold Miners ETF
ALTAR
Score™		 4.5% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 19.8x P/Sales
ratio		 2.9x
P/BV
ratio		 1.9x Div.
yield		 1.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Gold Miners ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Amex Gold Miners Index. The Index provides exposure to publicly traded companies worldwide involved primarily in the mining for gold or silver ore.

FUND BASICS
Category Global Equities
Fund Sponsor Van Eck Associates
Website www.vaneck.com
Inception date May 16, 2006
Assets (mns) $13,791
Currency USD
Expense ratio 51 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 65
Wgt avg mkt cap (mns) $20,184
Large cap (>$10bn) 61.1%
Mid cap ($2-10bn) 25.3%
Small cap (<$2bn) 13.7%
Developed mkts 86.7%
Emerging mkts 13.3%

TOP TEN HOLDINGS
NEWMONT MINING CORP 12.4 %
AGNICO-EAGLE MINES LTD 10.1 %
BARRICK GOLD CORPORATION 7.7 %
WHEATON PRECIOUS METALS CORP 7.0 %
FRANCO-NEVADA CORP 5.8 %
GOLD FIELDS LTD-SPONS ADR 4.1 %
NORTHERN STAR RESOURCES LTD 4.0 %
KINROSS GOLD CORP 3.8 %
ANGLOGOLD ASHANTI PLC 3.8 %
ZIJIN MINING GROUP CO LTD-H 3.8 %
Total 62.6 %

TOP COUNTRY EXPOSURE
CANADA 52.5 %
UNITED STATES 17.5 %
AUSTRALIA 11.6 %
SOUTH AFRICA 6.2 %
CHINA 5.1 %
BRITAIN 2.3 %
PERU 1.1 %




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.
8.5% 22.0% 4.9% 7.9% 0.1%

Market Correlations
versus... Beta R-squared
S&P500 0.70 16%
MSCI EAFE 0.94 30%
MSCI Emg. Mkts. 0.99 33%

Technical Indicators
Recent close $37.72
30d moving avg. $40.93
Annualized volatility 30.3%
Short interest (ETF) 10.7%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 23,728
Turnover 6.5%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $2,782

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 428 potential alternatives to the VanEck Gold Miners ETF ETF based on the alternatives' overlap in portfolio holdings with GDX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: GDX Expense: 51 bp ALTAR Score™: 4.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH GDX
Ticker Fund
Name		 Overlap1
vs GDX
(%)		 Expense
ratio
(bp)		 Savings
vs GDX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs GDX
(%)
GDXJ VanEck Junior Gold Miners ETF 32.3 52 -1 4.5 +0.1
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 22.7 60 -9 4.8 +0.4
RING iShares MSCI Global Gold Miners ETF 22.4 39 12 5.6 +1.1
SGDM Sprott Gold Miners ETF 20.1 50 1 5.4 +1.0
FTRI First Trust Indxx Global Natural Resources Income ETF 17.1 70 -19 9.8 +5.3
AUMI Themes Gold Miners ETF 16.0 35 16 10.4 +5.9
SIL Global X Silver Miners ETF 13.8 65 -14 2.2 -2.3
GOEX Global X Gold Explorers ETF 11.7 65 -14 4.4 -0.0
SLVP iShares MSCI Global Silver Miners ETF 9.6 39 12 3.2 -1.3
SGDJ Sprott Junior Gold Miners ETF 9.0 50 1 5.6 +1.2
XME SPDR S&P Metals & Mining ETF 8.3 35 16 8.3 +3.8
SILJ ETFMG Prime Junior Silver Miners ETF 8.2 69 -18 1.5 -2.9
IGE iShares North American Natural Resources ETF 7.9 41 10 6.1 +1.7
HAP VanEck Natural Resources ETF 7.9 50 1 10.0 +5.5
AFK VanEck Africa Index ETF 7.6 98 -47 9.1 +4.6
CCNR ALPS CoreCommodity Natural Resources ETF 7.2 39 12 11.0 +6.6
AGMI Themes Silver Miners ETF 7.2 35 16 4.5 +0.1
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 5.4 60 -9 5.2 +0.7
ICOP iShares Copper and Metals Mining ETF 5.3 47 4 10.1 +5.7
CVAR Cultivar ETF 5.2 87 -36 6.7 +2.2
IYM iShares U.S. Basic Materials ETF 5.1 40 11 6.7 +2.3
FMAT Fidelity MSCI Materials Index ETF 5.0 8 43 6.4 +2.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 4.8 46 5 9.3 +4.9
NANR SPDR S&P North American Natural Resources ETF 4.5 35 16 7.4 +3.0
DISV Dimensional International Small Cap Value ETF 4.4 42 9 9.1 +4.7
VAW Vanguard Materials ETF 4.3 10 41 6.3 +1.9
KEAT Keating Active ETF 4.0 85 -34 0.0 -4.5
XLB Materials Select Sector SPDR Fund 3.8 9 42 6.2 +1.7
COPX Global X Copper Miners ETF 3.8 65 -14 8.2 +3.7
FTWO Strive FAANG 2.0 ETF 3.8 49 2 4.7 +0.2
FXZ First Trust Materials AlphaDEX Fund 3.7 61 -10 11.3 +6.8
BBCA JPMorgan BetaBuilders Canada ETF 3.3 19 32 6.6 +2.1
GNR SPDR S&P Global Natural Resources ETF 3.2 40 11 9.7 +5.2
PID Invesco International Dividend Achievers ETF 3.2 53 -2 7.0 +2.6
INFL Horizon Kinetics Inflation Beneficiaries ETF 3.2 85 -34 3.5 -0.9
FLCA Franklin FTSE Canada ETF 3.1 9 42 6.8 +2.4
AADR AdvisorShares Dorsey Wright ADR ETF 2.9 110 -59 5.6 +1.1
RSPM Invesco S&P 500 Equal Weight Materials ETF 2.7 40 11 7.9 +3.4
AVDV Avantis International Small Cap Value ETF 2.7 36 15 8.1 +3.7
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 2.6 80 -29 7.6 +3.1
MXI iShares Global Materials ETF 2.5 41 10 7.0 +2.5
ABEQ Absolute Select Value ETF 2.5 85 -34 4.3 -0.1
DFIS Dimensional International Small Cap ETF 2.3 39 12 6.9 +2.4
SETM Sprott Energy Transition Materials ETF 2.3 65 -14 6.0 +1.5
CGV Conductor Global Equity Value ETF 2.3 130 -79 10.9 +6.4
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 2.2 85 -34 8.6 +4.1
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 2.2 60 -9 8.3 +3.9
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 2.2 40 11 6.2 +1.7
RJMG FT Raymond James Multicap Growth Equity ETF 2.1 85 -34 2.3 -2.2
GWX SPDR S&P International Small Cap ETF 2.0 40 11 6.5 +2.0
AZTD Aztlan Global Stock Selection DM SMID ETF 1.7 75 -24 7.8 +3.3
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 1.6 49 2 4.4 -0.0
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 1.6 80 -29 10.8 +6.4
BIBL Inspire 100 ETF 1.5 35 16 5.1 +0.6
COPA Themes Copper Miners ETF 1.5 35 16 7.3 +2.8
DEHP Dimensional Emerging Markets High Profitability ETF 1.4 41 10 5.0 +0.5
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 1.4 20 31 4.0 -0.5
DFIC Dimensional International Core Equity 2 ETF 1.4 23 28 7.7 +3.3
ION ProShares S&P Global Core Battery Metals ETF 1.4 58 -7 15.5 +11.1
IVRA Invesco Real Assets ESG ETF 1.3 59 -8 5.4 +0.9
XMHQ Invesco S&P MidCap Quality ETF 1.3 25 26 6.9 +2.4
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.3 30 21 5.4 +1.0
DFIV Dimensional International Value ETF 1.3 27 24 10.0 +5.5
FXI iShares China Large-Cap ETF 1.3 74 -23 8.2 +3.7
JCHI JPMorgan Active China ETF 1.2 65 -14 8.0 +3.5
NUDV Nuveen ESG Dividend ETF 1.2 26 25 7.0 +2.5
VRAI Virtus Real Asset Income ETF 1.2 55 -4 8.0 +3.5
BIGFX Baron International Growth Retail 1.1 75 -24 3.1 -1.3
FLAU Franklin FTSE Australia ETF 1.1 9 42 5.4 +1.0
KDIV KraneShares S&P Pan Asia Dividend Aristocrats Index ETF 1.1 68 -17 8.2 +3.8
EPU iShares MSCI Peru and Global Exposure ETF 1.0 59 -8 5.5 +1.1
VOE Vanguard Mid-Cap Value ETF 1.0 7 44 6.9 +2.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.0 49 2 7.0 +2.5
DVY iShares Select Dividend ETF 1.0 38 13 8.0 +3.6
SCHC Schwab International Small-Cap Equity ETF 1.0 11 40 6.6 +2.1
DFSI Dimensional International Sustainability Core 1 ETF 1.0 24 27 6.5 +2.0
DFAI Dimensional International Core Equity Market ETF 1.0 18 33 7.3 +2.8
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.9 18 33 5.6 +1.2
EWA iShares MSCI Australia ETF 0.9 50 1 4.9 +0.4
YALL God Bless America ETF 0.9 65 -14 3.2 -1.3
SMAP Amplify Small-Mid Cap Equity ETF 0.9 60 -9 4.6 +0.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.9 30 21 8.0 +3.5
SCZ iShares MSCI EAFE Small-Cap ETF 0.9 40 11 6.6 +2.1
NULV Nuveen ESG Large-Cap Value ETF 0.9 26 25 6.7 +2.3
EMM Global X Emerging Markets ex-China ETF 0.9 75 -24 4.2 -0.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.8 39 12 7.4 +3.0
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.8 20 31 6.9 +2.5
MTUM iShares MSCI USA Momentum Factor ETF 0.8 15 36 4.1 -0.4
AVIV Avantis International Large Cap Value ETF 0.8 25 26 9.0 +4.5
QLV FlexShares US Quality Low Volatility Index Fund 0.8 22 29 3.8 -0.7
ROAM Hartford Multifactor Emerging Markets ETF 0.7 44 7 15.8 +11.3
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.7 7 44 6.7 +2.2
QINT American Century Quality Diversified International ETF 0.7 39 12 7.7 +3.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.7 39 12 7.2 +2.8
AVEM Avantis Emerging Markets Equity ETF 0.7 33 18 8.9 +4.4
FLCH Franklin FTSE China ETF 0.7 19 32 8.8 +4.4
AVDE Avantis International Equity ETF 0.7 23 28 8.1 +3.6
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 0.7 60 -9 7.7 +3.3
FRDM Freedom 100 Emerging Markets ETF 0.7 49 2 7.3 +2.8
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.6 80 -29 9.1 +4.6
GVLU Gotham 1000 Value ETF 0.6 50 1 7.4 +3.0
TPIF Timothy Plan International ETF 0.6 62 -11 6.8 +2.3
EPP iShares MSCI Pacific ex-Japan ETF 0.6 47 4 4.9 +0.5
MCHI iShares MSCI China ETF 0.6 59 -8 8.4 +3.9
FUNL CornerCap Fundametrics Large-Cap ETF 0.6 50 1 6.7 +2.3
ISMD Inspire Small/Mid Cap ETF 0.6 54 -3 5.3 +0.8
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.6 19 32 5.4 +0.9
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.6 95 -44 0.9 -3.5
UEVM VictoryShares Emerging Markets Value Momentum ETF 0.6 45 6 12.3 +7.9
VO Vanguard Mid-Cap ETF 0.6 4 47 5.3 +0.9
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.5 32 19 6.0 +1.5
CIL VictoryShares International Volatility Wtd ETF 0.5 45 6 7.0 +2.5
FYC First Trust Small Cap Growth AlphaDEX Fund 0.5 71 -20 -0.5 -4.9
AVSD Avantis Responsible International Equity ETF 0.5 23 28 7.1 +2.6
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 0.5 51 0 7.1 +2.7
BLES Inspire Global Hope ETF 0.5 61 -10 6.4 +2.0
GXC SPDR S&P China ETF 0.5 59 -8 8.3 +3.9
WWJD Inspire International ETF 0.5 80 -29 7.3 +2.8
IWN iShares Russell 2000 Value ETF 0.5 24 27 4.8 +0.3
VTWV Vanguard Russell 2000 Value ETF 0.5 15 36 4.9 +0.5
SDY SPDR S&P Dividend ETF 0.5 35 16 5.9 +1.5
ISCF iShares International SmallCap Equity Factor ETF 0.5 23 28 9.1 +4.7
SIXL ETC 6 Meridian Low Beta Equity ETF 0.5 80 -29 4.2 -0.2
IPAC iShares Core MSCI Pacific ETF 0.5 9 42 7.2 +2.8
IMCG iShares Morningstar Mid-Cap Growth ETF 0.5 6 45 4.0 -0.5
PTL Inspire 500 ETF 0.5 9 42 5.6 +1.2
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.5 15 36 6.8 +2.3
SPMV Invesco S&P 500 Minimum Variance ETF 0.4 10 41 5.5 +1.0
USMV iShares MSCI USA Min Vol Factor ETF 0.4 15 36 5.6 +1.2
EQLT iShares MSCI Emerging Markets Quality Factor ETF 0.4 35 16 7.4 +2.9
EWUS iShares MSCI United Kingdom Small Cap ETF 0.4 59 -8 5.8 +1.3
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.4 20 31 6.4 +1.9
BKIE BNY Mellon International Equity ETF 0.4 4 47 7.1 +2.6
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.4 38 13 7.8 +3.4
EQAL Invesco Russell 1000 Equal Weight ETF 0.4 20 31 6.3 +1.8
IMCB iShares Morningstar Mid-Cap ETF 0.4 4 47 5.7 +1.2
EMC Global X Emerging Markets Great Consumer ETF 0.4 75 -24 4.5 +0.1
FYLD Cambria Foreign Shareholder Yield ETF 0.4 59 -8 13.6 +9.2
AVES Avantis Emerging Markets Value ETF 0.4 36 15 11.6 +7.1
AFMC First Trust Active Factor Mid Cap ETF 0.4 65 -14 6.9 +2.4
VPL Vanguard FTSE Pacific ETF 0.4 8 43 7.7 +3.3
RAFE PIMCO RAFI ESG U.S. ETF 0.4 29 22 7.2 +2.7
SNPV Xtrackers S&P 500 Value ESG ETF 0.4 15 36 6.4 +1.9
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.4 60 -9 4.0 -0.5
INRO iShares U.S. Industry Rotation Active ETF 0.4 42 9 4.5 +0.0
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.4 17 34 4.7 +0.2
IMCV iShares Morningstar Mid-Cap Value ETF 0.4 6 45 7.5 +3.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.4 18 33 7.0 +2.6
DIHP Dimensional International High Profitability ETF 0.4 29 22 7.6 +3.2
DFAE Dimensional Emerging Core Equity Market ETF 0.4 35 16 7.3 +2.9
XJH iShares ESG Screened S&P Mid-Cap ETF 0.4 12 39 6.5 +2.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.4 41 10 7.4 +3.0
VBK Vanguard Small-Cap Growth ETF 0.3 7 44 1.1 -3.4
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.3 15 36 6.7 +2.3
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.3 7 44 5.3 +0.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.3 39 12 7.5 +3.1
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.3 80 -29 5.8 +1.4
IJK iShares S&P Mid-Cap 400 Growth ETF 0.3 17 34 5.7 +1.3
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.3 60 -9 1.4 -3.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.3 39 12 4.1 -0.4
ISCG iShares Morningstar Small-Cap Growth ETF 0.3 6 45 2.3 -2.2
MDY SPDR S&P Midcap 400 ETF Trust 0.3 24 27 6.2 +1.7
IJH iShares Core S&P Mid-Cap ETF 0.3 5 46 6.4 +1.9
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.3 15 36 5.7 +1.3
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.3 15 36 5.7 +1.3
FNDA Schwab Fundamental US Small Co. Index ETF 0.3 25 26 6.0 +1.5
DFAT Dimensional U.S. Targeted Value ETF 0.3 28 23 7.8 +3.3
IJJ iShares S&P Mid-Cap 400 Value ETF 0.3 18 33 6.9 +2.5
ISCB iShares Morningstar Small-Cap ETF 0.3 4 47 4.8 +0.3
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.3 3 48 6.4 +1.9
IVOO Vanguard S&P Mid-Cap 400 ETF 0.3 10 41 6.4 +1.9
DFLV Dimensional US Large Cap Value ETF 0.3 22 29 7.4 +3.0
ISCV iShares Morningstar Small Cap Value ETF 0.3 6 45 7.2 +2.7
MDYV SPDR S&P 400 Mid Cap Value ETF 0.3 15 36 7.0 +2.5
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.3 15 36 7.0 +2.6
GMF SPDR S&P Emerging Asia Pacific ETF 0.3 49 2 6.1 +1.7
BKF iShares MSCI BIC ETF 0.3 69 -18 6.9 +2.5
ERNZ TrueShares Active Yield ETF 0.3 75 -24 10.9 +6.5
SSPY Syntax Stratified LargeCap ETF 0.3 30 21 6.3 +1.9
JHEM John Hancock Multifactor Emerging Markets ETF 0.3 49 2 8.2 +3.7
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.3 24 27 9.2 +4.8
GVUS Marketbeta Russell 1000 Value Equity ETF 0.3 12 39 6.2 +1.8
IWX iShares Russell Top 200 Value ETF 0.3 20 31 6.0 +1.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 0.3 70 -19 9.2 +4.7
FDRR Fidelity Dividend ETF for Rising Rates 0.3 15 36 7.4 +3.0
FVAL Fidelity Value Factor ETF 0.3 15 36 7.1 +2.6
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 47 5.6 +1.2
AVSC Avantis U.S Small Cap Equity ETF 0.3 25 26 4.7 +0.2
STXK Strive Small-Cap ETF 0.3 18 33 5.0 +0.5
CCMG CCM Global Equity ETF 0.3 34 17 7.6 +3.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.3 42 9 8.1 +3.6
VIGI Vanguard International Dividend Appreciation ETF 0.3 15 36 6.4 +2.0
EVUS iShares ESG Aware MSCI USA Value ETF 0.3 18 33 6.4 +2.0
VYM Vanguard High Dividend Yield Index ETF 0.3 6 45 6.8 +2.3
STXM Strive Mid-Cap ETF 0.3 18 33 6.1 +1.6
DFAS Dimensional U.S. Small Cap ETF 0.3 26 25 5.5 +1.1
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.3 15 36 4.7 +0.2
SCHV Schwab U.S. Large-Cap Value ETF 0.3 4 47 6.4 +2.0
NULC Nuveen ESG Large-Cap ETF 0.3 21 30 5.3 +0.9
KRUZ Unusual Whales Subversive Republican Trading ETF 0.2 75 -24 5.4 +1.0
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.2 25 26 6.6 +2.2
IWM iShares Russell 2000 ETF 0.2 19 32 2.8 -1.7
SPEM SPDR Portfolio Emerging Markets ETF 0.2 7 44 7.3 +2.9
RSSL Global X Russell 2000 ETF 0.2 8 43 2.6 -1.9
VTWO Vanguard Russell 2000 ETF 0.2 10 41 2.9 -1.6
RNSC Furst Trust Small Cap US Equity Select ETF 0.2 60 -9 6.8 +2.4
AVUV Avantis U.S. Small Cap Value ETF 0.2 25 26 8.8 +4.4
DFUV Dimensional US Marketwide Value ETF 0.2 22 29 7.2 +2.7
VB Vanguard Small-Cap ETF 0.2 5 46 4.9 +0.5
IGRO iShares International Dividend Growth ETF 0.2 15 36 7.5 +3.1
USXF iShares ESG Advanced MSCI USA ETF 0.2 10 41 5.0 +0.6
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.2 30 21 7.3 +2.8
IDEV iShares Core MSCI International Developed Markets ETF 0.2 4 47 7.1 +2.7
APIE ActivePassive International Equity ETF 0.2 45 6 8.1 +3.7
IUSV iShares Core S&P US Value ETF 0.2 4 47 6.4 +2.0
IVE iShares S&P 500 Value ETF 0.2 18 33 6.3 +1.8
SPYV SPDR Portfolio S&P 500 Value ETF 0.2 4 47 6.4 +1.9
VOOV Vanguard S&P 500 Value ETF 0.2 10 41 6.3 +1.9
IWD iShares Russell 1000 Value ETF 0.2 19 32 6.1 +1.7
VONV Vanguard Russell 1000 Value ETF 0.2 8 43 6.3 +1.8
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.2 32 19 4.8 +0.4
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.2 9 42 4.9 +0.5
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.2 10 41 5.1 +0.7
FSMD Fidelity Small-Mid Multifactor ETF 0.2 15 36 6.8 +2.4
SCHM Schwab U.S. Mid-Cap ETF 0.2 4 47 6.0 +1.5
HLAL Wahed FTSE USA Shariah ETF 0.2 50 1 4.9 +0.4
FYX First Trust Small Cap Core AlphaDEX Fund 0.2 61 -10 4.6 +0.1
VTV Vanguard Value ETF 0.2 4 47 6.6 +2.1
SFY SoFi Select 500 ETF 0.2 0 51 4.5 +0.0
FELV Fidelity Enhanced Large Cap Value ETF 0.2 18 33 6.4 +2.0
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.2 29 22 6.5 +2.1
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 42 5.2 +0.8
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 42 5.8 +1.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 33 7.2 +2.8
SHE SPDR MSCI USA Gender Diversity ETF 0.2 20 31 4.9 +0.5
WOMN Impact Shares YWCA Women's Empowerment ETF 0.2 75 -24 4.7 +0.2
IXUS iShares Core MSCI Total International Stock ETF 0.2 7 44 7.2 +2.7
EEMA iShares MSCI Emerging Markets Asia ETF 0.2 49 2 6.5 +2.1
STXV Strive 1000 Value ETF 0.2 18 33 7.5 +3.1
SCHE Schwab Emerging Markets Equity ETF 0.2 11 40 7.1 +2.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.2 50 1 13.0 +8.5
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 36 6.1 +1.6
FLAX Franklin FTSE Asia Ex Japan ETF 0.2 19 32 6.9 +2.4
VXF Vanguard Extended Market ETF 0.2 6 45 3.5 -1.0
FENI Fidelity Enhanced International ETF 0.2 28 23 8.1 +3.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.2 66 -15 10.0 +5.5
DON WisdomTree U.S. MidCap Dividend Fund 0.2 38 13 7.7 +3.3
IEFA iShares Core MSCI EAFE ETF 0.2 7 44 7.1 +2.7
QUS SPDR MSCI USA StrategicFactors ETF 0.2 15 36 5.7 +1.3
EEM iShares MSCI Emerging Markets ETF 0.2 69 -18 6.9 +2.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.2 70 -19 6.2 +1.7
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.2 33 18 8.2 +3.8
SMDY Syntax Stratified MidCap ETF 0.2 35 16 5.8 +1.3
BKSE BNY Mellon US Small Cap Core Equity ETF 0.2 4 47 4.8 +0.3
VEA Vanguard FTSE Developed Markets ETF 0.2 5 46 7.3 +2.9
VSGX Vanguard ESG International Stock ETF 0.2 12 39 6.8 +2.3
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 12 6.8 +2.3
VXUS Vanguard Total International Stock ETF 0.2 7 44 7.2 +2.7
RVRB Reverb ETF 0.2 30 21 4.7 +0.2
SUSL iShares ESG MSCI USA Leaders ETF 0.2 10 41 5.1 +0.7
SCHA Schwab U.S. Small-Cap ETF 0.2 4 47 4.4 -0.0
DSI iShares MSCI KLD 400 Social ETF 0.2 25 26 5.0 +0.6
SUSA iShares MSCI USA ESG Select ETF 0.2 25 26 5.0 +0.6
OALC OneAscent Large Cap Core ETF 0.2 86 -35 4.3 -0.2
SPXT ProShares S&P 500 Ex-Technology ETF 0.2 9 42 5.3 +0.8
DIM WisdomTree International MidCap Dividend Fund 0.2 58 -7 7.7 +3.3
AVUS Avantis U.S. Equity ETF 0.2 15 36 5.6 +1.2
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.2 36 15 7.8 +3.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.2 41 10 7.4 +3.0
NACP Impact Shares NAACP Minority Empowerment ETF 0.2 49 2 5.0 +0.5
SFYX SoFi Next 500 ETF 0.2 0 51 4.7 +0.3
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 31 7.6 +3.1
IEMG iShares Core MSCI Emerging Markets ETF 0.2 9 42 7.5 +3.0
FNDB Schwab Fundamental US Broad Market Index ETF 0.2 25 26 6.8 +2.3
EZM WisdomTree U.S. MidCap Fund 0.2 38 13 7.4 +2.9
BKEM BNY Mellon Emerging Markets Equity ETF 0.2 11 40 8.4 +3.9
FESM Fidelity Enhanced Small Cap ETF 0.2 28 23 1.7 -2.8
SNPE Xtrackers S&P 500 ESG ETF 0.2 10 41 5.1 +0.6
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.2 7 44 5.0 +0.5
FQAL Fidelity Quality Factor ETF 0.2 15 36 5.8 +1.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.2 9 42 3.3 -1.1
VBR Vanguard Small Cap Value ETF 0.2 7 44 7.8 +3.4
PXH Invesco FTSE RAFI Emerging Markets ETF 0.2 49 2 12.2 +7.8
IEUS iShares MSCI Europe Small-Cap ETF 0.2 42 9 6.4 +2.0
VWO Vanguard FTSE Emerging Markets ETF 0.2 8 43 6.9 +2.5
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.2 45 6 4.7 +0.2
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.2 15 36 7.2 +2.8
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.2 20 31 4.9 +0.4
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.2 24 27 7.3 +2.9
NUSC Nuveen ESG Small-Cap ETF 0.2 31 20 5.0 +0.6
DES WisdomTree U.S. SmallCap Dividend Fund 0.2 38 13 6.8 +2.4
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 9 5.1 +0.7
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.2 64 -13 1.8 -2.6
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 26 6.8 +2.4
DMXF iShares ESG Advanced MSCI EAFE ETF 0.1 12 39 5.5 +1.1
RSP Invesco S&P 500 Equal Weight ETF 0.1 20 31 6.1 +1.6
EFG iShares MSCI EAFE Growth ETF 0.1 36 15 4.5 +0.1
ESGU iShares ESG Aware MSCI USA ETF 0.1 15 36 5.0 +0.6
DCOR Dimensional US Core Equity 1 ETF 0.1 14 37 5.3 +0.9
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.1 39 12 12.5 +8.0
VLU SPDR S&P 1500 Value Tilt ETF 0.1 12 39 6.7 +2.2
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 31 6.3 +1.9
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 36 4.6 +0.2
SIZE iShares MSCI USA Size Factor ETF 0.1 15 36 5.6 +1.1
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.1 70 -19 2.7 -1.8
SMMD iShares Russell 2500 ETF 0.1 15 36 5.5 +1.1
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 42 5.1 +0.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 36 10.2 +5.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 42 5.4 +0.9
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 42 4.8 +0.3
XMAG Defiance Large Cap ex-Mag 7 ETF 0.1 35 16 5.1 +0.7
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 27 8.7 +4.2
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 42 4.7 +0.2
JHMD John Hancock Multifactor Developed International ETF 0.1 39 12 7.8 +3.3
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.1 12 39 5.9 +1.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 40 4.9 +0.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 22 6.4 +1.9
DIVB iShares Core Dividend ETF 0.1 5 46 7.5 +3.0
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.1 8 43 5.0 +0.5
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 34 5.3 +0.9
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 48 7.2 +2.7
CWI SPDR MSCI ACWI ex-US ETF 0.1 30 21 6.9 +2.5
DFAU Dimensional US Core Equity Market ETF 0.1 12 39 5.0 +0.6
IUS Invesco RAFI Strategic US ETF 0.1 19 32 6.8 +2.4
EUSA iShares MSCI USA Equal Weighted ETF 0.1 9 42 5.7 +1.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 39 4.5 +0.1
SCHB Schwab U.S. Broad Market ETF 0.1 3 48 4.9 +0.4
VT Vanguard Total World Stock ETF 0.1 7 44 5.5 +1.1
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 51 5.0 +0.6
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 44 4.9 +0.5
JHML John Hancock Multifactor Large Cap ETF 0.1 29 22 5.3 +0.8
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 42 4.9 +0.4
IQIN IQ 500 International ETF 0.1 25 26 9.2 +4.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.1 14 37 6.2 +1.7
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 9 6.1 +1.6
SCHX Schwab U.S. Large-Cap ETF 0.1 3 48 5.0 +0.5
SCHK Schwab 1000 Index ETF 0.1 5 46 5.0 +0.5
IWL iShares Russell Top 200 ETF 0.1 15 36 4.7 +0.3
ESGD iShares ESG Aware MSCI EAFE ETF 0.1 20 31 6.9 +2.5
DFUS Dimensional U.S. Equity ETF 0.1 9 42 4.9 +0.4
IWV iShares Russell 3000 ETF 0.1 20 31 4.7 +0.2
DFSU Dimensional US Sustainability Core 1 ETF 0.1 18 33 5.4 +1.0
VTHR Vanguard Russell 3000 ETF 0.1 10 41 4.7 +0.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 49 5.0 +0.5
VOTE TCW Transform 500 ETF 0.1 5 46 4.9 +0.5
VTI Vanguard Total Stock Market ETF 0.1 3 48 4.7 +0.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 26 5.2 +0.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.1 45 6 11.0 +6.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 48 4.8 +0.4
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 8 43 7.3 +2.8
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 41 5.4 +1.0
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 48 5.1 +0.7
VONE Vanguard Russell 1000 ETF 0.1 8 43 4.9 +0.4
DFEV Dimensional Emerging Markets Value ETF 0.1 43 8 11.1 +6.6
ILCG iShares Morningstar Growth ETF 0.1 4 47 3.9 -0.6
IWB iShares Russell 1000 ETF 0.1 15 36 4.8 +0.4
XVV iShares ESG Screened S&P 500 ETF 0.1 8 43 4.9 +0.4
IYY iShares Dow Jones U.S. ETF 0.1 20 31 4.8 +0.3
DFSV Dimensional US Small Cap Value ETF 0.1 31 20 8.3 +3.8
IWS iShares Russell Mid-Cap Value ETF 0.1 23 28 6.2 +1.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.1 30 21 8.1 +3.7
IMTM iShares MSCI Intl Momentum Factor ETF 0.1 30 21 6.3 +1.9
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 34 6.9 +2.4
ACWI iShares MSCI ACWI ETF 0.1 32 19 5.3 +0.8
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 22 4.9 +0.5
ACWX iShares MSCI ACWI ex U.S. ETF 0.1 34 17 7.0 +2.5
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 31 4.8 +0.4
IVV iShares Core S&P 500 ETF 0.1 3 48 5.0 +0.6
SPY SPDR S&P 500 ETF Trust 0.1 9 42 5.0 +0.5
VOO Vanguard S&P 500 ETF 0.1 3 48 5.0 +0.6
VV Vanguard Large-Cap ETF 0.1 4 47 4.9 +0.4
SCHF Schwab International Equity ETF 0.1 6 45 7.5 +3.0
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 49 5.0 +0.6
STRV Strive 500 ETF 0.1 5 46 4.9 +0.5
PBUS Invesco MSCI USA ETF 0.1 4 47 5.0 +0.5
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 48 4.9 +0.5
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 31 7.0 +2.5
ACVF American Conservative Values ETF 0.1 75 -24 4.2 -0.3
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.1 10 41 4.5 +0.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 -8 11.3 +6.8
TOK iShares MSCI Kokusai ETF 0.1 26 25 5.0 +0.6
URTH iShares MSCI World ETF 0.1 24 27 5.2 +0.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 39 4.8 +0.3
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -24 4.3 -0.2
ILCV iShares Morningstar Value ETF 0.1 4 47 6.2 +1.8
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 31 6.8 +2.3
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.1 20 31 6.5 +2.1
IWR iShares Russell Midcap ETF 0.1 19 32 5.4 +1.0
EFA iShares MSCI EAFE ETF 0.1 35 16 6.9 +2.5
FNX First Trust Mid Cap Core AlphaDEX Fund 0.1 60 -9 6.8 +2.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 26 7.2 +2.8
CRTC Xtrackers US National Critical Technologies ETF 0.1 35 16 5.1 +0.6
APUE ActivePassive U.S. Equity ETF 0.1 45 6 4.8 +0.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 6 8.9 +4.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 31 5.2 +0.7
RWL Invesco S&P 500 Revenue ETF 0.1 39 12 6.7 +2.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.1 36 15 6.6 +2.1
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 31 7.1 +2.6
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 37 5.0 +0.6
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 27 7.0 +2.6
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 31 4.6 +0.1
STXG Strive 1000 Growth ETF 0.1 18 33 4.1 -0.4
STXD Strive 1000 Dividend Growth ETF 0.1 35 16 5.2 +0.8
XCNY SPDR S&P Emerging Markets ex-China ETF 0.1 15 36 6.3 +1.8
RODE Hartford Multifactor Diversified International ETF 0.1 29 22 11.8 +7.3
VIG Vanguard Dividend Appreciation ETF 0.0 6 45 5.6 +1.2
VYMI Vanguard International High Dividend Yield ETF 0.0 22 29 9.8 +5.4
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 21 5.9 +1.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 30 3.8 -0.7
PFM Invesco Dividend Achievers ETF 0.0 53 -2 5.3 +0.9
GLBL Pacer MSCI World Industry Advantage ETF 0.0 65 -14 4.7 +0.3
EMXC iShares MSCI Emerging Markets ex China ETF 0.0 25 26 6.7 +2.2
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.0 35 16 12.4 +8.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 11 7.9 +3.5
DWM WisdomTree International Equity Fund 0.0 48 3 8.0 +3.5
DIVI Franklin International Core Dividend Tilt Index ETF 0.0 9 42 8.1 +3.7
DLS WisdomTree International SmallCap Dividend Fund 0.0 58 -7 8.8 +4.4
GSPY Gotham Enhanced 500 ETF 0.0 50 1 5.2 +0.8
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 26 9.9 +5.4
RWK Invesco S&P MidCap 400 Revenue ETF 0.0 39 12 6.9 +2.5
DGRO iShares Core Dividend Growth ETF 0.0 8 43 6.3 +1.9
IEUR iShares Core MSCI Europe ETF 0.0 11 40 7.1 +2.6
DGRW WisdomTree US Quality Dividend Growth Fund 0.0 28 23 6.0 +1.6
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 23 6.0 +1.5
SPEU SPDR Portfolio Europe ETF 0.0 7 44 7.1 +2.6
VGK Vanguard FTSE Europe ETF 0.0 11 40 7.1 +2.6
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 47 4.7 +0.2
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.0 30 21 7.3 +2.8

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 VanEck Gold Miners ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

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

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.8 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 51 bp
Equals: ALTAR Score 4.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.44 CATEGORY
AVERAGE		 1.53
 
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.