U.S. Global GO GOLD and Precious Metal Miners ETF
ALTAR
Score™		 4.8% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 20.4x P/Sales
ratio		 3.4x
P/BV
ratio		 1.8x Div.
yield		 1.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The U.S. Global GO GOLD and Precious Metal Miners ETF tracks an index of 28 precious metal mining firms listed in the US, Canada, Australia, Hong Kong or South Africa. Holdings are selected by fundamental factors and weighted in fixed tiers.

FUND BASICS
Category US Equities
Fund Sponsor US Global Investors
Website www.usglobaletfs.com
Inception date Jun 27, 2017
Assets (mns) $101
Currency USD
Expense ratio 60 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 26
Wgt avg mkt cap (mns) $8,634
Large cap (>$10bn) 25.5%
Mid cap ($2-10bn) 38.1%
Small cap (<$2bn) 36.4%
Developed mkts 88.7%
Emerging mkts 11.3%

TOP TEN HOLDINGS
SILVER WHEATON CORP 11.1 %
ROYAL GOLD INC 10.9 %
FRANCO-NEVADA CORP 9.9 %
OSISKO GOLD ROYALTIES LTD 4.6 %
TOREX GOLD RESOURCES INC. 4.5 %
TRIPLE FLAG PRECIOUS METALS CORP. 4.3 %
SANDSTORM GOLD LTD 4.0 %
DUNDEE PRECIOUS METALS INC 3.9 %
FORTUNA SILVER MINES INC. 3.5 %
OCEANAGOLD CORP 3.4 %
Total 60.0 %

TOP COUNTRY EXPOSURE
CANADA 67.3 %
UNITED STATES 10.9 %
AUSTRALIA 10.1 %
SOUTH AFRICA 7.9 %
BRITAIN 4.5 %






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.
8.1% 22.0% 4.2% -- 7.5%

Market Correlations
versus... Beta R-squared
S&P500 0.72 16%
MSCI EAFE 0.98 30%
MSCI Emg. Mkts. 1.01 31%

Technical Indicators
Recent close $21.16
30d moving avg. $22.13
Annualized volatility 31.5%
Short interest (ETF) 0.0%
Short interest (Underlying) 1.0%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 23
Turnover 0.5%
Bid/Ask (% of price) 0.52%
ADV underlying (mns) $535

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 274 potential alternatives to the U.S. Global GO GOLD and Precious Metal Miners ETF ETF based on the alternatives' overlap in portfolio holdings with GOAU. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: GOAU Expense: 60 bp ALTAR Score™: 4.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH GOAU
Ticker Fund
Name		 Overlap1
vs GOAU
(%)		 Expense
ratio
(bp)		 Savings
vs GOAU
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs GOAU
(%)
SGDM Sprott Gold Miners ETF 31.2 50 10 5.4 +0.6
GOEX Global X Gold Explorers ETF 25.1 65 -5 4.4 -0.4
SILJ ETFMG Prime Junior Silver Miners ETF 22.7 69 -9 1.5 -3.3
GDX VanEck Gold Miners ETF 22.7 51 9 4.5 -0.4
GDXJ VanEck Junior Gold Miners ETF 17.5 52 8 4.5 -0.3
AUMI Themes Gold Miners ETF 17.2 35 25 10.4 +5.6
RING iShares MSCI Global Gold Miners ETF 15.4 39 21 5.6 +0.8
SGDJ Sprott Junior Gold Miners ETF 13.1 50 10 5.6 +0.8
INFL Horizon Kinetics Inflation Beneficiaries ETF 12.3 85 -25 3.5 -1.3
AGMI Themes Silver Miners ETF 10.5 35 25 4.5 -0.3
SLVP iShares MSCI Global Silver Miners ETF 8.3 39 21 3.2 -1.6
EPU iShares MSCI Peru and Global Exposure ETF 7.9 59 1 5.5 +0.7
SIL Global X Silver Miners ETF 7.9 65 -5 2.2 -2.7
XME SPDR S&P Metals & Mining ETF 3.9 35 25 8.3 +3.4
FTRI First Trust Indxx Global Natural Resources Income ETF 3.6 70 -10 9.8 +5.0
ION ProShares S&P Global Core Battery Metals ETF 3.3 58 2 15.5 +10.7
AFK VanEck Africa Index ETF 3.1 98 -38 9.1 +4.3
NANR SPDR S&P North American Natural Resources ETF 3.1 35 25 7.4 +2.6
BBCA JPMorgan BetaBuilders Canada ETF 3.1 19 41 6.6 +1.8
FXZ First Trust Materials AlphaDEX Fund 3.0 61 -1 11.3 +6.5
FLCA Franklin FTSE Canada ETF 2.8 9 51 6.8 +2.0
CCNR ALPS CoreCommodity Natural Resources ETF 2.8 39 21 11.0 +6.2
AADR AdvisorShares Dorsey Wright ADR ETF 2.7 110 -50 5.6 +0.8
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 2.6 46 14 9.3 +4.5
FTWO Strive FAANG 2.0 ETF 2.5 49 11 4.7 -0.1
ICOP iShares Copper and Metals Mining ETF 2.5 47 13 10.1 +5.3
ABEQ Absolute Select Value ETF 2.5 85 -25 4.3 -0.5
AVDV Avantis International Small Cap Value ETF 2.4 36 24 8.1 +3.3
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 2.2 60 0 8.3 +3.5
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 2.2 40 20 6.2 +1.4
CGV Conductor Global Equity Value ETF 2.1 130 -70 10.9 +6.1
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 2.1 85 -25 8.6 +3.8
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 1.8 80 -20 10.8 +6.0
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 1.7 60 0 5.2 +0.4
HAP VanEck Natural Resources ETF 1.7 50 10 10.0 +5.2
DISV Dimensional International Small Cap Value ETF 1.6 42 18 9.1 +4.3
WWJD Inspire International ETF 1.6 80 -20 7.3 +2.5
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 1.6 80 -20 7.6 +2.8
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 1.6 49 11 4.4 -0.4
IGE iShares North American Natural Resources ETF 1.6 41 19 6.1 +1.3
IYM iShares U.S. Basic Materials ETF 1.5 40 20 6.7 +1.9
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 1.4 20 40 4.0 -0.8
DMAT Global X Disruptive Materials ETF 1.4 59 1 10.5 +5.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.4 49 11 7.0 +2.2
XMHQ Invesco S&P MidCap Quality ETF 1.3 25 35 6.9 +2.0
EWC iShares MSCI Canada ETF 1.3 50 10 6.5 +1.7
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.3 30 30 5.4 +0.6
GNR SPDR S&P Global Natural Resources ETF 1.2 40 20 9.7 +4.9
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.2 20 40 6.9 +2.1
MXI iShares Global Materials ETF 1.2 41 19 7.0 +2.2
EZA iShares MSCI South Africa ETF 1.2 58 2 10.3 +5.5
GWX SPDR S&P International Small Cap ETF 1.0 40 20 6.5 +1.7
SCHC Schwab International Small-Cap Equity ETF 1.0 11 49 6.6 +1.8
GMET VanEck Green Metals ETF 0.9 63 -3 10.7 +5.9
SMAP Amplify Small-Mid Cap Equity ETF 0.9 60 0 4.6 -0.2
BNE Blue Horizon BNE ETF 0.9 87 -27 4.6 -0.2
PID Invesco International Dividend Achievers ETF 0.9 53 7 7.0 +2.2
BLES Inspire Global Hope ETF 0.8 61 -1 6.4 +1.6
DFIS Dimensional International Small Cap ETF 0.8 39 21 6.9 +2.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.8 32 28 6.0 +1.2
QLV FlexShares US Quality Low Volatility Index Fund 0.8 22 38 3.8 -1.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.8 39 21 7.4 +2.6
AVSD Avantis Responsible International Equity ETF 0.7 23 37 7.1 +2.3
GVLU Gotham 1000 Value ETF 0.6 50 10 7.4 +2.6
FMAT Fidelity MSCI Materials Index ETF 0.6 8 52 6.4 +1.6
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.6 12 48 5.9 +1.0
FNDC Schwab Fundamental International Small Co. Index ETF 0.6 39 21 7.2 +2.4
ISCF iShares International SmallCap Equity Factor ETF 0.6 23 37 9.1 +4.3
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.6 7 53 6.7 +1.9
IMTM iShares MSCI Intl Momentum Factor ETF 0.6 30 30 6.3 +1.5
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.5 80 -20 9.1 +4.3
CVAR Cultivar ETF 0.5 87 -27 6.7 +1.9
AVDE Avantis International Equity ETF 0.5 23 37 8.1 +3.2
CGGR Capital Group Growth ETF 0.5 39 21 3.2 -1.6
DFIV Dimensional International Value ETF 0.5 27 33 10.0 +5.2
QINT American Century Quality Diversified International ETF 0.5 39 21 7.7 +2.9
TPIF Timothy Plan International ETF 0.5 62 -2 6.8 +2.0
AVIV Avantis International Large Cap Value ETF 0.5 25 35 9.0 +4.1
SDY SPDR S&P Dividend ETF 0.5 35 25 5.9 +1.1
VAW Vanguard Materials ETF 0.5 10 50 6.3 +1.5
SIXL ETC 6 Meridian Low Beta Equity ETF 0.5 80 -20 4.2 -0.6
DFIC Dimensional International Core Equity 2 ETF 0.5 23 37 7.7 +2.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.5 12 48 4.8 -0.0
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.5 15 45 6.8 +2.0
SCZ iShares MSCI EAFE Small-Cap ETF 0.4 40 20 6.6 +1.8
CIL VictoryShares International Volatility Wtd ETF 0.4 45 15 7.0 +2.2
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 0.4 51 9 7.1 +2.3
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.4 30 30 8.0 +3.2
COPA Themes Copper Miners ETF 0.4 35 25 7.3 +2.5
AFMC First Trust Active Factor Mid Cap ETF 0.4 65 -5 6.9 +2.0
DIHP Dimensional International High Profitability ETF 0.4 29 31 7.6 +2.8
BKIE BNY Mellon International Equity ETF 0.4 4 56 7.1 +2.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.4 39 21 7.5 +2.7
XJH iShares ESG Screened S&P Mid-Cap ETF 0.4 12 48 6.5 +1.7
FLAU Franklin FTSE Australia ETF 0.4 9 51 5.4 +0.6
VBK Vanguard Small-Cap Growth ETF 0.3 7 53 1.1 -3.7
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.3 15 45 6.7 +1.9
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.3 80 -20 5.8 +1.0
IJK iShares S&P Mid-Cap 400 Growth ETF 0.3 17 43 5.7 +0.9
MDY SPDR S&P Midcap 400 ETF Trust 0.3 24 36 6.2 +1.4
IJH iShares Core S&P Mid-Cap ETF 0.3 5 55 6.4 +1.5
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.3 15 45 5.7 +0.9
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.3 15 45 5.7 +0.9
IJJ iShares S&P Mid-Cap 400 Value ETF 0.3 18 42 6.9 +2.1
DFAI Dimensional International Core Equity Market ETF 0.3 18 42 7.3 +2.5
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.3 3 57 6.4 +1.6
IVOO Vanguard S&P Mid-Cap 400 ETF 0.3 10 50 6.4 +1.6
MDYV SPDR S&P 400 Mid Cap Value ETF 0.3 15 45 7.0 +2.2
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.3 15 45 7.0 +2.2
IDEV iShares Core MSCI International Developed Markets ETF 0.3 4 56 7.1 +2.3
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.3 17 43 4.7 -0.1
ECOW Pacer Emerging Markets Cash Cows 100 ETF 0.3 70 -10 9.2 +4.4
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 56 5.6 +0.8
PICK iShares MSCI Global Metals & Mining Producers ETF 0.3 39 21 12.8 +8.0
STXM Strive Mid-Cap ETF 0.3 18 42 6.1 +1.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.3 18 42 7.0 +2.2
DFSI Dimensional International Sustainability Core 1 ETF 0.3 24 36 6.5 +1.7
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.2 7 53 5.3 +0.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.2 41 19 7.4 +2.6
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 40 6.3 +1.5
VSGX Vanguard ESG International Stock ETF 0.2 12 48 6.8 +2.0
VEA Vanguard FTSE Developed Markets ETF 0.2 5 55 7.3 +2.5
IGRO iShares International Dividend Growth ETF 0.2 15 45 7.5 +2.7
FSMD Fidelity Small-Mid Multifactor ETF 0.2 15 45 6.8 +2.0
SCHM Schwab U.S. Mid-Cap ETF 0.2 4 56 6.0 +1.2
ISCG iShares Morningstar Small-Cap Growth ETF 0.2 6 54 2.3 -2.6
IXUS iShares Core MSCI Total International Stock ETF 0.2 7 53 7.2 +2.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.2 3 57 7.2 +2.4
STXI Strive International Developed Markets ETF 0.2 29 31 6.9 +2.1
ISMD Inspire Small/Mid Cap ETF 0.2 54 6 5.3 +0.5
EMGF iShares Emerging Markets Equity Factor ETF 0.2 25 35 8.5 +3.7
ISCB iShares Morningstar Small-Cap ETF 0.2 4 56 4.8 -0.0
DON WisdomTree U.S. MidCap Dividend Fund 0.2 38 22 7.7 +2.9
EWUS iShares MSCI United Kingdom Small Cap ETF 0.2 59 1 5.8 +1.0
SMDY Syntax Stratified MidCap ETF 0.2 35 25 5.8 +0.9
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 0.2 18 42 6.8 +2.0
VXUS Vanguard Total International Stock ETF 0.2 7 53 7.2 +2.4
ISCV iShares Morningstar Small Cap Value ETF 0.2 6 54 7.2 +2.4
SCHF Schwab International Equity ETF 0.2 6 54 7.5 +2.7
DFEV Dimensional Emerging Markets Value ETF 0.2 43 17 11.1 +6.3
SFYX SoFi Next 500 ETF 0.2 0 60 4.7 -0.1
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 40 7.6 +2.8
FQAL Fidelity Quality Factor ETF 0.2 15 45 5.8 +1.0
DEM WisdomTree Emerging Markets High Dividend Fund 0.2 63 -3 18.9 +14.0
IPAC iShares Core MSCI Pacific ETF 0.2 9 51 7.2 +2.4
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.2 24 36 7.3 +2.5
NUSC Nuveen ESG Small-Cap ETF 0.2 31 29 5.0 +0.2
AVEM Avantis Emerging Markets Equity ETF 0.2 33 27 8.9 +4.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 40 5.2 +0.3
VB Vanguard Small-Cap ETF 0.1 5 55 4.9 +0.1
SMLF iShares U.S. SmallCap Equity Factor ETF 0.1 15 45 4.6 -0.2
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.1 70 -10 2.7 -2.1
SMMD iShares Russell 2500 ETF 0.1 15 45 5.5 +0.7
FNDA Schwab Fundamental US Small Co. Index ETF 0.1 25 35 6.0 +1.2
NUEM Nuveen ESG Emerging Markets Equity ETF 0.1 36 24 6.5 +1.7
VPL Vanguard FTSE Pacific ETF 0.1 8 52 7.7 +2.9
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 8 52 7.3 +2.4
CWI SPDR MSCI ACWI ex-US ETF 0.1 30 30 6.9 +2.1
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.1 39 21 12.5 +7.7
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 50 5.4 +0.6
VXF Vanguard Extended Market ETF 0.1 6 54 3.5 -1.3
EZM WisdomTree U.S. MidCap Fund 0.1 38 22 7.4 +2.6
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 18 6.1 +1.3
ACWX iShares MSCI ACWI ex U.S. ETF 0.1 34 26 7.0 +2.1
IWS iShares Russell Mid-Cap Value ETF 0.1 23 37 6.2 +1.4
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 43 6.9 +2.1
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 42 6.4 +1.6
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 36 8.7 +3.9
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 51 5.2 +0.4
APIE ActivePassive International Equity ETF 0.1 45 15 8.1 +3.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 51 5.4 +0.5
EQLT iShares MSCI Emerging Markets Quality Factor ETF 0.1 35 25 7.4 +2.6
RVRB Reverb ETF 0.1 30 30 4.7 -0.1
XCEM Columbia EM Core ex-China ETF 0.1 16 44 7.7 +2.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.1 38 22 7.8 +3.0
DFAS Dimensional U.S. Small Cap ETF 0.1 26 34 5.5 +0.7
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 18 4.5 -0.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 15 8.9 +4.1
PXH Invesco FTSE RAFI Emerging Markets ETF 0.1 49 11 12.2 +7.4
DEHP Dimensional Emerging Markets High Profitability ETF 0.1 41 19 5.0 +0.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 35 7.2 +2.4
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 40 6.8 +2.0
EMXF iShares ESG Advanced MSCI EM ETF 0.1 16 44 6.8 +2.0
IWR iShares Russell Midcap ETF 0.1 19 41 5.4 +0.6
VT Vanguard Total World Stock ETF 0.1 7 53 5.5 +0.7
LDEM iShares ESG MSCI EM Leaders ETF 0.1 17 43 7.6 +2.8
FNX First Trust Mid Cap Core AlphaDEX Fund 0.1 60 0 6.8 +2.0
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.1 24 36 9.2 +4.4
IEUS iShares MSCI Europe Small-Cap ETF 0.1 42 18 6.4 +1.6
PTL Inspire 500 ETF 0.1 9 51 5.6 +0.8
IEFA iShares Core MSCI EAFE ETF 0.1 7 53 7.1 +2.3
VYMI Vanguard International High Dividend Yield ETF 0.1 22 38 9.8 +5.0
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 46 5.0 +0.2
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 36 7.0 +2.2
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.1 20 40 6.8 +2.0
STXD Strive 1000 Dividend Growth ETF 0.1 35 25 5.2 +0.4
DFAE Dimensional Emerging Core Equity Market ETF 0.1 35 25 7.3 +2.5
DFUV Dimensional US Marketwide Value ETF 0.1 22 38 7.2 +2.4
GLOF iShares Global Equity Factor ETF 0.1 20 40 7.0 +2.2
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 45 6.1 +1.3
ROAM Hartford Multifactor Emerging Markets ETF 0.1 44 16 15.8 +11.0
VIG Vanguard Dividend Appreciation ETF 0.0 6 54 5.6 +0.8
EMXC iShares MSCI Emerging Markets ex China ETF 0.0 25 35 6.7 +1.9
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 42 5.4 +0.6
TOK iShares MSCI Kokusai ETF 0.0 26 34 5.0 +0.2
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.0 64 -4 1.8 -3.0
URTH iShares MSCI World ETF 0.0 24 36 5.2 +0.4
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 45 4.7 -0.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 31 6.4 +1.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 39 3.8 -1.0
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 48 6.2 +1.4
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 56 6.4 +1.6
PFM Invesco Dividend Achievers ETF 0.0 53 7 5.3 +0.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.0 50 10 13.0 +8.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.0 32 28 6.2 +1.4
ACWI iShares MSCI ACWI ETF 0.0 32 28 5.3 +0.5
IWD iShares Russell 1000 Value ETF 0.0 19 41 6.1 +1.3
VONV Vanguard Russell 1000 Value ETF 0.0 8 52 6.3 +1.5
SCHE Schwab Emerging Markets Equity ETF 0.0 11 49 7.1 +2.3
EEM iShares MSCI Emerging Markets ETF 0.0 69 -9 6.9 +2.1
XCNY SPDR S&P Emerging Markets ex-China ETF 0.0 15 45 6.3 +1.5
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 35 9.9 +5.0
AVUS Avantis U.S. Equity ETF 0.0 15 45 5.6 +0.8
DCOR Dimensional US Core Equity 1 ETF 0.0 14 46 5.3 +0.5
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 40 7.0 +2.2
BKEM BNY Mellon Emerging Markets Equity ETF 0.0 11 49 8.4 +3.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.0 66 -6 10.0 +5.2
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.0 36 24 7.8 +3.0
DLS WisdomTree International SmallCap Dividend Fund 0.0 58 2 8.8 +4.0
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 30 5.9 +1.1
IEMG iShares Core MSCI Emerging Markets ETF 0.0 9 51 7.5 +2.6
VWO Vanguard FTSE Emerging Markets ETF 0.0 8 52 6.9 +2.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 43 5.3 +0.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.0 30 30 7.3 +2.5
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 53 7.3 +2.5
RWK Invesco S&P MidCap 400 Revenue ETF 0.0 39 21 6.9 +2.1
DGRO iShares Core Dividend Growth ETF 0.0 8 52 6.3 +1.5
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.0 30 30 8.1 +3.3
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 19 7.4 +2.6
DGRW WisdomTree US Quality Dividend Growth Fund 0.0 28 32 6.0 +1.2
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 32 6.0 +1.2
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 35 5.2 +0.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 49 4.9 +0.1
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 51 4.8 -0.0
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.0 15 45 10.2 +5.4
JHEM John Hancock Multifactor Emerging Markets ETF 0.0 49 11 8.2 +3.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 1 11.3 +6.5
XC WisdomTree Emerging Markets Ex-China Fund 0.0 32 28 6.0 +1.2
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.0 15 45 7.2 +2.4
IUSV iShares Core S&P US Value ETF 0.0 4 56 6.4 +1.6
SCHK Schwab 1000 Index ETF 0.0 5 55 5.0 +0.2
SCHX Schwab U.S. Large-Cap ETF 0.0 3 57 5.0 +0.2
DFAU Dimensional US Core Equity Market ETF 0.0 12 48 5.0 +0.2
SCHB Schwab U.S. Broad Market ETF 0.0 3 57 4.9 +0.1
IWB iShares Russell 1000 ETF 0.0 15 45 4.8 +0.0
IWV iShares Russell 3000 ETF 0.0 20 40 4.7 -0.1
IYY iShares Dow Jones U.S. ETF 0.0 20 40 4.8 -0.0
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.0 3 57 5.1 +0.3
VONE Vanguard Russell 1000 ETF 0.0 8 52 4.9 +0.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 57 4.8 -0.0
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 56 4.7 -0.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 48 4.5 -0.3
STXG Strive 1000 Growth ETF 0.0 18 42 4.1 -0.8
VTHR Vanguard Russell 3000 ETF 0.0 10 50 4.7 -0.1
VTI Vanguard Total Stock Market ETF 0.0 3 57 4.7 -0.1
DFUS Dimensional U.S. Equity ETF 0.0 9 51 4.9 +0.1
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 21 6.8 +2.0
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 48 6.7 +1.9
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 35 6.8 +2.0
DEW WisdomTree Global High Dividend Fund 0.0 58 2 8.5 +3.7
IEUR iShares Core MSCI Europe ETF 0.0 11 49 7.1 +2.3
VGK Vanguard FTSE Europe ETF 0.0 11 49 7.1 +2.3
SPEU SPDR Portfolio Europe ETF 0.0 7 53 7.1 +2.3
AVES Avantis Emerging Markets Value ETF 0.0 36 24 11.6 +6.8

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:		 U.S. Global GO GOLD and Precious Metal 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 9.1 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 4.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.49 CATEGORY
AVERAGE		 1.57
 
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.