Goldman Sachs ActiveBeta Europe Equity ETF
ALTAR
Score™		 7.4% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 13.0x P/Sales
ratio		 1.1x
P/BV
ratio		 1.7x Div.
yield		 3.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Goldman Sachs ActiveBeta Europe Equity ETF tracks an index of developed Europe large- and midcap equities, with equal weights to each of 4 factor buckets and stocks within each bucket weighted by a factor score.

FUND BASICS
Category International Equities
Fund Sponsor Goldman Sachs
Website assetmanagement.gs.com
Inception date Mar 02, 2016
Assets (mns) $11
Currency USD
Expense ratio 25 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian
Weighting Tiered
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 375
Wgt avg mkt cap (mns) $107,070
Large cap (>$10bn) 88.9%
Mid cap ($2-10bn) 10.7%
Small cap (<$2bn) 0.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
NOVO NORDISK A/S-B 3.6 %
ASML HOLDING NV 3.0 %
NESTLE SA-REG 2.1 %
LVMH MOET HENNESSY LOUIS VUI 2.0 %
NOVARTIS AG 1.8 %
ROCHE HOLDING LTD 1.7 %
ASTRAZENECA PLC 1.5 %
SHELL PLC 1.5 %
SAP AG 1.4 %
TOTAL SA 1.2 %
Total 19.9 %

TOP COUNTRY EXPOSURE
BRITAIN 20.0 %
FRANCE 18.0 %
SWITZERLAND 14.2 %
GERMANY 13.5 %
NETHERLANDS 7.8 %
DENMARK 5.5 %
ITALY 4.8 %
SPAIN 4.5 %
SWEDEN 3.8 %
NORWAY 1.2 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
1.2% 10.1% 7.0% -- 7.0%

Market Correlations
versus... Beta R-squared
S&P500 0.97 78%
MSCI EAFE 1.12 95%
MSCI Emg. Mkts. 0.84 57%

Technical Indicators
Recent close $35.62
30d moving avg. $33.03
Annualized volatility 19.6%
Short interest (ETF) 0.0%
Relative strength (RSI) 77

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.3%
Bid/Ask (% of price) 0.11%
ADV underlying (mns) $23,139

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 472 potential alternatives to the Goldman Sachs ActiveBeta Europe Equity ETF ETF based on the alternatives' overlap in portfolio holdings with GSEU. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: GSEU Expense: 25 bp ALTAR Score™: 7.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH GSEU
Ticker Fund
Name		 Overlap1
vs GSEU
(%)		 Expense
ratio
(bp)		 Savings
vs GSEU
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs GSEU
(%)
DBEU Xtrackers MSCI Europe Hedged Equity ETF 74.6 46 -21 6.3 -1.1
FLEE Franklin FTSE Europe ETF 73.8 9 16 6.8 -0.5
BBEU JPMorgan BetaBuilders Europe ETF 72.5 9 16 6.7 -0.7
IEV iShares Europe ETF 71.6 67 -42 6.1 -1.3
IEUR iShares Core MSCI Europe ETF 70.2 11 14 -1.3 -8.7
VGK Vanguard FTSE Europe ETF 68.2 11 14 6.8 -0.6
SPEU SPDR Portfolio Europe ETF 68.1 7 18 6.6 -0.8
EFA iShares MSCI EAFE ETF 57.5 35 -10 6.4 -1.0
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 56.6 36 -11 6.4 -1.0
GSIE Goldman Sachs ActiveBeta International Equity ETF 56.3 25 0 7.4 +0.1
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 55.6 20 5 6.3 -1.1
GSID Goldman Sachs MarketBeta International Equity ETF 53.5 20 5 6.7 -0.7
QEFA SPDR MSCI EAFE StrategicFactors ETF 52.3 30 -5 6.8 -0.5
HFXI IQ FTSE International Equity Currency Neutral ETF 51.5 20 5 6.8 -0.6
DOL WisdomTree International LargeCap Dividend Fund 51.5 48 -23 7.7 +0.4
ESGD iShares ESG Aware MSCI EAFE ETF 51.0 20 5 6.3 -1.0
IQSI IQ Candriam International Equity ETF 50.5 15 10 6.4 -1.0
IEFA iShares Core MSCI EAFE ETF 50.4 7 18 2.7 -4.7
JHMD John Hancock Multifactor Developed International ETF 50.1 39 -14 7.4 +0.0
DWM WisdomTree International Equity Fund 48.8 48 -23 7.8 +0.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 48.6 40 -15 7.8 +0.5
BKIE BNY Mellon International Equity ETF 48.5 4 21 6.9 -0.5
FLEU Franklin FTSE Eurozone ETF 46.4 9 16 6.7 -0.7
EZU iShares MSCI Eurozone ETF 46.3 52 -27 6.2 -1.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 46.0 45 -20 6.2 -1.1
DIVI Franklin International Core Dividend Tilt Index ETF 46.0 9 16 8.0 +0.7
IDEV iShares Core MSCI International Developed Markets ETF 45.6 4 21 6.7 -0.7
SCHF Schwab International Equity ETF 43.5 6 19 7.0 -0.4
JIRE JPMorgan International Research Enhanced Equity ETF 43.4 24 1 6.7 -0.6
VEA Vanguard FTSE Developed Markets ETF 43.1 5 20 7.0 -0.4
SPDW SPDR Portfolio Developed World ex-US ETF 42.2 3 22 6.9 -0.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 42.2 45 -20 8.5 +1.1
EFG iShares MSCI EAFE Growth ETF 41.6 36 -11 4.1 -3.3
CEFA Global X S&P Catholic Values Developed ex-US ETF 41.6 35 -10 6.4 -0.9
IQLT iShares MSCI Intl Quality Factor ETF 41.5 30 -5 5.7 -1.6
DFAI Dimensional International Core Equity Market ETF 41.2 18 7 6.9 -0.5
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 41.2 20 5 6.9 -0.5
EFV iShares MSCI EAFE Value ETF 40.7 34 -9 9.1 +1.7
IQIN IQ 500 International ETF 40.6 25 0 8.8 +1.5
RFEU First Trust Riverfront Dynamic Europe ETF 40.5 83 -58 8.7 +1.4
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 40.2 14 11 6.2 -1.2
INTF iShares International Equity Factor ETF 40.1 15 10 7.8 +0.5
EUDG WisdomTree Europe Quality Dividend Growth Fund 39.2 58 -33 6.0 -1.4
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 38.6 51 -26 6.8 -0.6
ACWX iShares MSCI ACWI ex U.S. ETF 38.6 34 -9 6.7 -0.7
DMXF iShares ESG Advanced MSCI EAFE ETF 38.4 12 13 5.4 -2.0
CWI SPDR MSCI ACWI ex-US ETF 38.4 30 -5 6.8 -0.6
CIL VictoryShares International Volatility Wtd ETF 38.2 45 -20 6.9 -0.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 37.9 41 -16 6.7 -0.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 37.8 39 -14 7.6 +0.3
FNDF Schwab Fundamental International Large Co. Index ETF 36.6 25 0 9.1 +1.7
VEU Vanguard FTSE All-World ex-US Index Fund 36.0 8 17 7.2 -0.2
IVLU iShares MSCI Intl Value Factor ETF 35.0 30 -5 10.6 +3.3
IDHQ Invesco S&P International Developed High Quality ETF 34.4 29 -4 5.8 -1.6
OEUR ALPS O'Shares Europe Quality Dividend ETF 34.1 48 -23 5.7 -1.6
DFSI Dimensional International Sustainability Core 1 ETF 33.8 24 1 6.2 -1.1
ISZE iShares MSCI Intl Size Factor ETF 33.7 30 -5 6.6 -0.8
VYMI Vanguard International High Dividend Yield ETF 33.5 22 3 9.7 +2.3
IXUS iShares Core MSCI Total International Stock ETF 33.3 7 18 6.9 -0.5
VXUS Vanguard Total International Stock ETF 32.7 7 18 7.1 -0.2
IMTM iShares MSCI Intl Momentum Factor ETF 32.1 30 -5 6.8 -0.5
FDEV Fidelity International Multifactor ETF 32.0 18 7 7.5 +0.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 31.8 39 -14 7.3 -0.0
FIVA Fidelity International Value Factor ETF 30.1 18 7 9.3 +1.9
DIHP Dimensional International High Profitability ETF 29.8 29 -4 6.9 -0.5
QINT American Century Quality Diversified International ETF 29.8 39 -14 7.4 +0.1
TPIF Timothy Plan International ETF 29.8 62 -37 6.7 -0.6
UMMA Wahed Dow Jones Islamic World ETF 29.5 65 -40 4.3 -3.1
DFIC Dimensional International Core Equity 2 ETF 29.5 23 2 7.4 +0.1
VSGX Vanguard ESG International Stock ETF 29.3 12 13 6.8 -0.5
DWMF WisdomTree International Multifactor Fund 29.1 38 -13 7.3 -0.1
FEZ SPDR EURO STOXX 50 ETF 29.0 29 -4 6.2 -1.2
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 28.5 24 1 8.6 +1.2
HEDJ WisdomTree Europe Hedged Equity Fund 28.2 58 -33 8.4 +1.0
RFDI First Trust Riverfront Dynamic Developed International ETF 28.1 83 -58 9.0 +1.6
AVDE Avantis International Equity ETF 27.9 23 2 7.9 +0.5
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 27.8 58 -33 5.6 -1.8
IQDG WisdomTree International Quality Dividend Growth Fund 27.8 42 -17 5.8 -1.5
EFAV iShares MSCI EAFE Min Vol Factor ETF 27.8 22 3 6.2 -1.2
RODM Hartford Multifactor Developed Markets (ex-US) ETF 27.7 29 -4 8.8 +1.4
NUDM Nuveen ESG International Developed Markets Equity ETF 27.1 31 -6 6.4 -0.9
FEP First Trust Europe AlphaDEX Fund 26.3 80 -55 8.6 +1.3
JPIN J.P. Morgan Diversified Return International Equity ETF 26.1 37 -12 8.7 +1.3
DFIV Dimensional International Value ETF 25.4 27 -2 9.8 +2.5
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 24.8 32 -7 6.7 -0.7
DTH WisdomTree International High Dividend Fund 24.7 58 -33 10.1 +2.8
IQDF FlexShares International Quality Dividend Index Fund 23.6 47 -22 10.7 +3.3
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 22.5 80 -55 5.4 -2.0
IQDE FlexShares International Quality Dividend Defensive Index ET 22.0 47 -22 10.7 +3.3
UIVM VictoryShares International Value Momentum ETF 21.6 35 -10 10.7 +3.3
FEUZ First Trust Eurozone AlphaDEX ETF 21.6 80 -55 8.3 +1.0
AVIV Avantis International Large Cap Value ETF 21.2 25 0 8.9 +1.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 20.8 30 -5 7.8 +0.4
EUDV ProShares MSCI Europe Dividend Growers ETF 20.7 55 -30 5.0 -2.4
TTAI FCF International Quality ETF 20.1 59 -34 7.4 +0.0
JIG JPMorgan International Growth ETF 20.1 55 -30 4.3 -3.1
IGRO iShares International Dividend Growth ETF 19.8 15 10 7.1 -0.3
FICS First Trust International Developed Capital Strength ETF 19.8 70 -45 6.1 -1.3
VIGI Vanguard International Dividend Appreciation ETF 19.6 15 10 5.6 -1.8
FLGB Franklin FTSE United Kingdom ETF 19.4 9 16 8.3 +1.0
OSEA Harbor International Compounders ETF 19.1 55 -30 3.7 -3.7
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 19.0 20 5 10.7 +3.3
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 18.8 9 16 9.8 +2.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 18.8 42 -17 6.8 -0.6
BKCI BNY Mellon Concentrated International ETF 18.7 80 -55 5.2 -2.1
WWJD Inspire International ETF 18.7 80 -55 7.1 -0.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 18.5 47 -22 10.3 +2.9
EWU iShares MSCI United Kingdom ETF 18.3 50 -25 7.8 +0.5
QWLD SPDR MSCI World StrategicFactors ETF 18.2 30 -5 6.1 -1.3
DGT SPDR Global Dow ETF 18.0 50 -25 6.7 -0.7
EWQ iShares MSCI France ETF 18.0 53 -28 5.4 -1.9
FIDI Fidelity International High Dividend ETF 17.6 18 7 10.1 +2.8
IDLV Invesco S&P International Developed Low Volatility ETF 17.4 25 0 5.8 -1.5
CID VictoryShares International High Div Volatility Wtd ETF 17.1 45 -20 9.5 +2.1
TOK iShares MSCI Kokusai ETF 17.1 26 -1 5.3 -2.1
ESGG FlexShares STOXX Global ESG Select Index Fund 17.1 42 -17 5.1 -2.2
KOKU Xtrackers MSCI Kokusai Equity ETF 17.0 9 16 5.5 -1.9
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 17.0 80 -55 5.6 -1.7
IDMO Invesco S&P International Developed Momentum ETF 16.8 25 0 7.0 -0.4
EFAD ProShares MSCI EAFE Dividend Growers ETF 16.6 50 -25 5.1 -2.3
RODE Hartford Multifactor Diversified International ETF 16.6 29 -4 11.5 +4.2
CGGO Capital Group Global Growth Equity ETF 16.6 47 -22 4.3 -3.1
IOO iShares Global 100 ETF 16.5 41 -16 4.8 -2.6
EUFN iShares MSCI Europe Financials ETF 16.3 51 -26 8.1 +0.8
URTH iShares MSCI World ETF 16.1 24 1 5.4 -2.0
ESGN Columbia International ESG Equity Income ETF 16.0 45 -20 9.0 +1.7
CGXU Capital Group International Focus Equity ETF 15.3 54 -29 4.1 -3.2
VWID Virtus WMC International Dividend ETF 15.2 49 -24 9.4 +2.0
DEW WisdomTree Global High Dividend Fund 15.2 58 -33 9.1 +1.7
FDT First Trust Developed Markets ex-US AlphaDEX Fund 14.9 80 -55 10.8 +3.4
FKU First Trust United Kingdom AlphaDEX Fund 14.6 80 -55 7.5 +0.1
ACWI iShares MSCI ACWI ETF 14.4 32 -7 5.5 -1.9
WRND IQ Global Equity R&D Leaders ETF 14.2 18 7 7.2 -0.2
AIVI WisdomTree International AI Enhanced Value Fund 14.2 58 -33 8.0 +0.7
DIM WisdomTree International MidCap Dividend Fund 14.2 58 -33 7.7 +0.3
BLES Inspire Global Hope ETF 14.0 61 -36 6.3 -1.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 14.0 9 16 5.7 -1.6
VIDI Vident International Equity Strategy ETF 13.6 61 -36 11.9 +4.6
IXG iShares Global Financials ETF 13.6 42 -17 6.8 -0.5
JHID John Hancock International High Dividend ETF 13.6 46 -21 11.5 +4.1
DBGR Xtrackers MSCI Germany Hedged Equity ETF 13.4 45 -20 6.4 -1.0
FLSW Franklin FTSE Switzerland ETF 13.3 9 16 5.1 -2.3
FLGR Franklin FTSE Germany ETF 13.2 9 16 7.1 -0.3
EWG iShares MSCI Germany ETF 13.1 50 -25 6.5 -0.9
RAYD Rayliant Quantitative Developed Market Equity ETF 13.0 80 -55 4.5 -2.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 12.9 20 5 5.6 -1.8
EWL iShares MSCI Switzerland ETF 12.7 50 -25 4.1 -3.3
VT Vanguard Total World Stock ETF 12.6 7 18 5.8 -1.5
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 12.5 25 0 6.1 -1.3
GLOF iShares Global Equity Factor ETF 12.3 20 5 7.1 -0.3
IXJ iShares Global Healthcare ETF 11.8 42 -17 6.1 -1.3
EXI iShares Global Industrials ETF 11.8 42 -17 4.7 -2.7
IDOG ALPS International Sector Dividend Dogs ETF 11.6 50 -25 11.6 +4.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 11.5 65 -40 8.4 +1.0
DIVS SmartETFs Dividend Builder ETF 11.3 65 -40 4.7 -2.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 11.2 12 13 5.1 -2.3
DMDV AAM S&P Developed Markets High Dividend Value ETF 10.9 39 -14 12.7 +5.3
WLDR Affinity World Leaders Equity ETF 10.8 67 -42 8.5 +1.1
AGQI First Trust Active Global Quality Income ETF 10.8 85 -60 5.8 -1.5
DAX Global X DAX Germany ETF 10.7 21 4 6.9 -0.4
IPKW Invesco International BuyBack Achievers ETF 10.6 55 -30 9.1 +1.7
LVHI Franklin International Low Volatility High Dividend Index ET 10.5 40 -15 10.2 +2.8
SCHY Schwab International Dividend Equity ETF 10.1 14 11 9.3 +1.9
GDVD R3 Global Dividend Growth ETF 10.1 88 -63 5.8 -1.6
RXI iShares Global Consumer Discretionary ETF 10.1 41 -16 5.5 -1.8
KXI iShares Global Consumer Staples ETF 10.1 41 -16 5.6 -1.8
DSTX Distillate International Fundamental Stability & Value ETF 10.0 55 -30 8.0 +0.7
NTZG Nuveen Global Net Zero Transition ETF 9.9 56 -31 4.9 -2.4
FYLD Cambria Foreign Shareholder Yield ETF 9.8 59 -34 12.0 +4.6
MOTG VanEck Morningstar Global Wide Moat ETF 9.6 52 -27 5.8 -1.6
IDV iShares International Select Dividend ETF 9.3 51 -26 12.3 +5.0
HART IQ Healthy Hearts ETF 9.2 45 -20 5.3 -2.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 8.8 65 -40 12.8 +5.4
GVAL Cambria Global Value ETF 8.8 68 -43 12.3 +5.0
DWX SPDR S&P International Dividend ETF 8.6 45 -20 7.1 -0.3
KOCG FIS Knights of Columbus Global Belief ETF 8.5 75 -50 5.3 -2.1
FGM First Trust Germany AlphaDEX Fund 8.2 80 -55 9.2 +1.9
MOTI VanEck Morningstar International Moat ETF 7.5 58 -33 6.9 -0.4
FSZ First Trust Switzerland AlphaDEX Fund 7.4 80 -55 4.1 -3.2
EFAS Global X MSCI SuperDividend EAFE ETF 7.3 57 -32 9.7 +2.3
SXUS Janus Henderson International Sustainable Equity ETF 7.2 60 -35 4.6 -2.8
IMFL Invesco International Developed Dynamic Multifactor ETF 7.2 34 -9 10.6 +3.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 7.2 56 -31 13.9 +6.5
GCOW Pacer Global Cash Cows Dividend ETF 7.1 60 -35 13.6 +6.3
EWN iShares MSCI Netherlands ETF 7.0 50 -25 4.7 -2.7
LUX Tema Luxury ETF 6.9 75 -50 3.3 -4.1
FDD First Trust Stoxx European Select Dividend Index Fund 6.7 58 -33 12.9 +5.6
LUXX Roundhill S&P Global Luxury ETF 6.7 45 -20 2.7 -4.6
FPXE First Trust IPOX Europe Equity Opportunities ETF 6.6 70 -45 4.6 -2.8
SDG iShares MSCI Global Sustainable Development Goals ETF 6.6 49 -24 5.8 -1.6
FID First Trust S&P International Dividend Aristocrats ETF 6.4 60 -35 9.8 +2.5
JSTC Adasina Social Justice All Cap Global ETF 6.2 89 -64 4.8 -2.6
TOLL Tema Monopolies and Oligopolies ETF 6.1 75 -50 2.6 -4.8
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 6.1 46 -21 8.8 +1.4
XT iShares Exponential Technologies ETF 6.0 46 -21 3.9 -3.5
SAGP Strategas Global Policy Opportunities ETF 6.0 65 -40 4.5 -2.9
WDIV SPDR S&P Global Dividend ETF 6.0 40 -15 10.2 +2.9
GNR SPDR S&P Global Natural Resources ETF 6.0 40 -15 9.2 +1.8
OCEN IQ Clean Oceans ETF 6.0 45 -20 5.3 -2.1
IMOM Alpha Architect International Quantitative Momentum ETF 5.8 49 -24 7.3 -0.1
KOIN Capital Link Global Fintech Leaders ETF 5.8 75 -50 4.6 -2.8
GINN Goldman Sachs Innovate Equity ETF 5.6 52 -27 2.7 -4.7
KLDW Knowledge Leaders Developed World ETF 5.6 75 -50 4.9 -2.5
CLNR IQ Cleaner Transport ETF 5.6 45 -20 8.3 +0.9
EDEN iShares MSCI Denmark ETF 5.5 53 -28 6.2 -1.2
IXN iShares Global Tech ETF 5.5 41 -16 4.3 -3.0
EWI iShares MSCI Italy ETF 5.4 50 -25 8.2 +0.8
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 5.3 45 -20 6.2 -1.1
GDOC Goldman Sachs Future Health Care Equity ETF 5.1 75 -50 3.2 -4.2
FILL iShares MSCI Global Energy Producers ETF 5.1 39 -14 9.0 +1.6
IXC iShares Global Energy ETF 5.1 44 -19 8.2 +0.9
JRNY ALPS Global Travel Beneficiaries ETF 4.9 65 -40 0.0 -7.4
FNDC Schwab Fundamental International Small Co. Index ETF 4.8 39 -14 6.9 -0.5
FINE Themes European Luxury ETF 4.7 35 -10 -2.2 -9.6
TEMP JPMorgan Climate Change Solutions ETF 4.7 49 -24 4.7 -2.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 4.6 58 -33 4.6 -2.8
AGNG Global X Aging Population ETF 4.5 50 -25 4.1 -3.2
IVAL Alpha Architect International Quantitative Value ETF 4.5 49 -24 5.8 -1.6
BNE Blue Horizon BNE ETF 4.4 87 -62 5.0 -2.4
EWP iShares MSCI Spain ETF 4.2 50 -25 8.5 +1.1
MXI iShares Global Materials ETF 4.2 41 -16 6.6 -0.7
WBAT WisdomTree Battery Value Chain and Innovation Fund 4.0 45 -20 4.9 -2.5
GLIF AGF Global Infrastructure ETF 3.8 45 -20 5.5 -1.9
ACWV iShares MSCI Global Min Vol Factor ETF 3.7 20 5 6.7 -0.7
BECO BlackRock Future Climate and Sustainable Economy ETF 3.6 70 -45 13.7 +6.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 3.6 47 -22 5.9 -1.4
EWD iShares MSCI Sweden ETF 3.6 54 -29 6.0 -1.4
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 3.5 58 -33 9.1 +1.7
JXI iShares Global Utilities ETF 3.4 43 -18 6.7 -0.7
CANC Tema Oncology ETF 3.3 75 -50 -4.4 -11.8
ISCF iShares International SmallCap Equity Factor ETF 3.3 23 2 8.8 +1.4
DFIS Dimensional International Small Cap ETF 3.2 39 -14 6.7 -0.6
LOUP Innovator Deepwater Frontier Tech ETF 3.1 70 -45 2.3 -5.1
CGUS Capital Group Core Equity ETF 3.0 33 -8 4.7 -2.7
TINY ProShares Nanotechnology ETF 3.0 58 -33 1.9 -5.5
NXTG First Trust Indxx NextG ETF 3.0 70 -45 6.0 -1.4
INNO Harbor Disruptive Innovation ETF 3.0 75 -50 -3.5 -10.9
GSFP Goldman Sachs Future Planet Equity ETF 2.9 75 -50 4.5 -2.8
IXP iShares Global Comm Services ETF 2.9 42 -17 5.3 -2.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 2.8 49 -24 6.7 -0.7
SHPP Pacer Industrials and Logistics ETF 2.8 60 -35 8.9 +1.5
ROBO ROBO Global Robotics & Automation Index ETF 2.8 95 -70 2.8 -4.5
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 2.8 61 -36 -4.0 -11.4
BLLD JPMorgan Sustainable Infrastructure ETF 2.7 49 -24 6.2 -1.2
GBUY Goldman Sachs Future Consumer Equity ETF 2.7 75 -50 3.1 -4.3
IDNA iShares Genomics Immunology and Healthcare ETF 2.7 47 -22 -5.2 -12.5
DTEC ALPS Disruptive Technologies ETF 2.5 50 -25 3.3 -4.1
CGGR Capital Group Growth ETF 2.5 39 -14 3.5 -3.9
ANEW ProShares MSCI Transformational Changes ETF 2.5 45 -20 3.3 -4.0
BMED Future Health ETF 2.4 85 -60 0.2 -7.2
FDRR Fidelity Dividend ETF for Rising Rates 2.3 15 10 7.9 +0.6
BTEK Future Tech ETF 2.3 88 -63 2.1 -5.3
CARZ First Trust NASDAQ Global Auto Index Fund 2.3 70 -45 3.5 -3.9
CLOD Themes Cloud Computing ETF 2.3 35 -10 3.7 -3.7
VERS ProShares Metaverse ETF 2.3 58 -33 -8.3 -15.7
SANE Subversive Mental Health ETF 2.2 75 -50 0.0 -7.4
FPAG FPA Global Equity ETF 2.2 49 -24 5.7 -1.7
ISHP First Trust Nasdaq Retail ETF 2.2 60 -35 3.2 -4.2
PAWZ ProShares Pet Care ETF 2.1 50 -25 4.0 -3.4
KNCT Invesco Next Gen Connectivity ETF 2.1 40 -15 5.9 -1.5
IGF iShares Global Infrastructure ETF 2.0 41 -16 5.0 -2.4
GII SPDR S&P Global Infrastructure ETF 2.0 40 -15 5.0 -2.4
BULD Pacer BlueStar Engineering the Future ETF 2.0 60 -35 1.2 -6.2
IBUY Amplify Online Retail ETF 2.0 65 -40 1.8 -5.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.9 65 -40 1.6 -5.7
IQRA IQ CBRE Real Assets ETF 1.9 65 -40 5.9 -1.5
DISV Dimensional International Small Cap Value ETF 1.9 42 -17 9.2 +1.9
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 1.9 79 -54 5.1 -2.2
FAN First Trust Global Wind Energy ETF 1.8 60 -35 5.5 -1.9
SNSR Global X Internet of Things ETF 1.8 68 -43 4.3 -3.1
AIQ Global X Artificial Intelligence & Technology ETF 1.8 68 -43 4.2 -3.2
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 1.8 55 -30 3.6 -3.7
NETZ TCW Transform Systems ETF 1.8 75 -50 3.4 -4.0
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.8 46 -21 5.6 -1.8
MVPS Amplify Thematic All-Stars ETF 1.8 49 -24 1.7 -5.7
WDNA WisdomTree BioRevolution Fund 1.8 45 -20 -4.5 -11.9
PICK iShares MSCI Global Metals & Mining Producers ETF 1.7 39 -14 11.0 +3.6
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.7 47 -22 0.7 -6.7
IBOT Vaneck Robotics ETF 1.7 47 -22 3.7 -3.7
PRNT 3D Printing ETF 1.7 66 -41 -4.1 -11.4
VCLN Virtus Duff & Phelps Clean Energy ETF 1.7 59 -34 3.5 -3.9
HAP VanEck Natural Resources ETF 1.6 50 -25 9.5 +2.1
HTEC ROBO Global Healthcare Technology and Innovation ETF 1.6 68 -43 1.1 -6.2
IDRV iShares Self-driving EV & Tech ETF 1.6 47 -22 -0.5 -7.9
SHLD Global X Defense Tech ETF 1.5 50 -25 4.8 -2.5
FDVV Fidelity High Dividend ETF 1.5 15 10 8.9 +1.6
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 1.5 75 -50 4.9 -2.5
OGIG ALPS O'Shares Global Internet Giants ETF 1.5 48 -23 0.5 -6.9
SUPL ProShares Supply Chain Logistics ETF 1.5 58 -33 13.1 +5.7
DINT Davis Select International ETF 1.4 55 -30 4.7 -2.7
SEA U.S. Global Sea to Sky Cargo ETF 1.4 60 -35 24.1 +16.7
MEM Matthews Emerging Markets Equity Active ETF 1.4 79 -54 5.7 -1.6
TINT ProShares Smart Materials ETF 1.3 58 -33 5.6 -1.7
MOTO SmartETFs Smart Transportation & Technology ETF 1.3 68 -43 6.6 -0.8
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.3 68 -43 5.3 -2.1
SYNB Putnam BioRevolution ETF 1.3 70 -45 2.9 -4.5
PSP Invesco Global Listed Private Equity ETF 1.3 106 -81 9.1 +1.7
IQM Franklin Intelligent Machines ETF 1.3 50 -25 3.1 -4.3
LNGG Roundhill Alerian LNG ETF 1.2 65 -40 8.5 +1.2
NORW Global X MSCI Norway ETF 1.2 50 -25 7.5 +0.1
ENOR iShares MSCI Norway ETF 1.2 53 -28 7.6 +0.2
QTUM Defiance Quantum ETF 1.2 40 -15 3.9 -3.5
EWK iShares MSCI Belgium ETF 1.2 50 -25 7.6 +0.3
IWTR iShares MSCI Water Management Multisector ETF 1.2 47 -22 4.8 -2.5
DRIV Global X Autonomous & Electric Vehicles ETF 1.2 68 -43 3.4 -4.0
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 1.1 75 -50 7.8 +0.5
IVEG iShares Emergent Food and AgTech Multisector ETF 1.1 47 -22 8.3 +0.9
AADR AdvisorShares Dorsey Wright ADR ETF 1.1 110 -85 5.4 -2.0
SMOG VanEck Low Carbon Energy ETF 1.1 61 -36 3.0 -4.3
NBCC Neuberger Berman Next Generation Connected Consumer ETF 1.1 56 -31 1.7 -5.7
FDNI First Trust Dow Jones International Internet ETF 1.0 65 -40 2.8 -4.6
JETS U.S. Global Jets ETF 1.0 60 -35 -15.6 -23.0
APIE ActivePassive International Equity ETF 1.0 45 -20 7.7 +0.4
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.0 72 -47 2.2 -5.2
EFNL iShares MSCI Finland ETF 0.9 56 -31 8.0 +0.6
UFO Procure Space ETF 0.9 75 -50 -4.0 -11.4
ARKX ARK Space Exploration & Innovation ETF 0.8 75 -50 1.7 -5.6
PEX ProShares Global Listed Private Equity ETF 0.8 81 -56 12.2 +4.8
GGME Invesco Next Gen Media and Gaming ETF 0.8 60 -35 4.1 -3.3
RSHO Tema American Reshoring ETF 0.8 75 -50 3.6 -3.7
FPXI First Trust International Equity Opportunities ETF 0.8 70 -45 3.6 -3.7
TOKE Cambria Cannabis ETF 0.7 42 -17 -6.2 -13.6
MJ ETFMG Alternative Harvest ETFMG Alternative Harvest 0.7 75 -50 -35.0 -42.4
FMIL Fidelity New Millennium ETF 0.7 59 -34 4.3 -3.1
PBD Invesco Global Clean Energy ETF 0.7 75 -50 -3.9 -11.2
PIO Invesco Global Water ETF 0.7 75 -50 4.9 -2.5
KROP Global X AgTech & Food Innovation ETF 0.7 50 -25 4.7 -2.7
EWO iShares MSCI Austria ETF 0.7 50 -25 12.5 +5.1
IDAT iShares Future Cloud 5G and Tech ETF 0.6 47 -22 4.5 -2.8
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.6 85 -60 4.9 -2.5
BETZ Roundhill Sports Betting & iGaming ETF 0.6 75 -50 1.9 -5.5
ODDS Pacer BlueStar Digital Entertainment ETF 0.6 60 -35 3.0 -4.4
BJK VanEck Gaming ETF 0.6 65 -40 1.8 -5.5
HDRO Defiance Next Gen H2 ETF 0.6 30 -5 -11.1 -18.4
HJEN Direxion Hydrogen ETF 0.6 45 -20 -3.2 -10.5
EBLU Ecofin Global Water ESG Fund 0.6 40 -15 3.9 -3.5
TRFK Pacer Data and Digital Revolution ETF 0.6 60 -35 4.0 -3.3
CHAT Roundhill Generative AI & Technology ETF 0.6 75 -50 4.2 -3.1
IGPT Invesco AI and Next Gen Software ETF 0.5 60 -35 3.8 -3.6
PTEC Global X PropTech ETF 0.5 50 -25 1.7 -5.7
EIRL iShares MSCI Ireland ETF 0.5 50 -25 5.8 -1.6
DFNL Davis Select Financial ETF 0.5 63 -38 6.8 -0.5
CRUZ Defiance Hotel Airline and Cruise ETF 0.5 45 -20 -4.9 -12.3
CGDV Capital Group Dividend Value ETF 0.5 33 -8 5.8 -1.6
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.5 75 -50 3.2 -4.2
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.5 75 -50 5.2 -2.2
BCDF Horizon Kinetics Blockchain Development ETF 0.5 85 -60 -0.7 -8.1
CGW Invesco S&P Global Water Index ETF 0.5 57 -32 3.8 -3.6
FTAG First Trust Indxx Global Agriculture ETF 0.5 70 -45 9.1 +1.8
FFTY Innovator IBD 50 ETF 0.5 80 -55 0.1 -7.3
AVDV Avantis International Small Cap Value ETF 0.4 36 -11 8.0 +0.6
EV Mast Global Battery Recycling & Production ETF 0.4 65 -40 12.8 +5.4
RVRB Reverb ETF 0.4 30 -5 5.0 -2.4
ION ProShares S&P Global Core Battery Metals ETF 0.4 58 -33 11.6 +4.2
GMET VanEck Green Metals ETF 0.4 63 -38 9.8 +2.4
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.4 45 -20 1.4 -6.0
MOO VanEck Agribusiness ETF 0.4 53 -28 9.4 +2.0
AHOY Newday Ocean Health ETF 0.4 75 -50 5.6 -1.8
COPX Global X Copper Miners ETF 0.4 65 -40 6.9 -0.4
BATT Amplify Lithium & Battery Technology ETF 0.4 59 -34 2.9 -4.5
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.4 85 -60 8.1 +0.7
BOTZ Global X Robotics & Artificial Intelligence ETF 0.4 69 -44 2.3 -5.0
FIXT Procure Disaster Recovery Strategy ETF 0.4 75 -50 5.7 -1.7
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.4 75 -50 4.7 -2.7
ERTH Invesco MSCI Sustainable Future ETF 0.4 62 -37 3.7 -3.7
DWLD Davis Select Worldwide ETF 0.4 63 -38 5.6 -1.7
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.4 33 -8 7.2 -0.2
IPOS Renaissance International IPO ETF 0.4 80 -55 -168.9 -176.2
CGV Conductor Global Equity Value ETF 0.3 130 -105 11.3 +4.0
TMFG Motley Fool Global Opportunities ETF 0.3 85 -60 3.3 -4.1
EFRA iShares Environmental Infrastructure and Industrials ETF 0.3 47 -22 5.2 -2.1
CUT Invesco MSCI Global Timber ETF 0.3 61 -36 8.6 +1.2
ARVR First Trust Indxx Metaverse ETF 0.3 70 -45 2.5 -4.9
WOOD iShares Global Timber & Forestry ETF 0.3 42 -17 9.6 +2.3
ETEC iShares Breakthrough Environmental Solutions ETF 0.3 47 -22 5.3 -2.0
IBLC iShares Blockchain and Tech ETF 0.3 47 -22 -1.0 -8.3
EATV VegTech Plant-based Innovation & Climate ETF 0.3 75 -50 1.0 -6.3
VEGI iShares MSCI Agriculture Producers ETF 0.2 39 -14 9.2 +1.9
ROYA Tema Global Royalties ETF 0.2 75 -50 4.6 -2.8
FINX Global X FinTech ETF 0.2 68 -43 3.2 -4.2
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.2 75 -50 5.4 -2.0
BITQ Bitwise Crypto Industry Innovators ETF 0.2 85 -60 -4.7 -12.1
FDHT Fidelity Digital Health ETF 0.2 39 -14 -2.4 -9.8
BPAY BlackRock Future Financial and Technology ETF 0.2 70 -45 8.3 +0.9
VNQI Vanguard Global ex-U.S. Real Estate ETF 0.2 12 13 8.7 +1.4
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.2 10 15 8.2 +0.8
ERET iShares Environmentally Aware Real Estate ETF 0.2 30 -5 7.3 -0.1
IFGL iShares International Developed Real Estate ETF 0.2 48 -23 7.0 -0.4
WPS iShares International Developed Property ETF 0.2 48 -23 7.2 -0.1
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 -25 6.9 -0.4
RWX SPDR Dow Jones International Real Estate ETF 0.2 59 -34 7.2 -0.2
BOAT SonicShares Global Shipping ETF 0.2 69 -44 29.1 +21.8
CRAK VanEck Oil Refiners ETF 0.2 61 -36 13.1 +5.7
FMET Fidelity Metaverse ETF 0.2 39 -14 4.4 -3.0
IVRS iShares Future Metaverse Tech and Communications ETF 0.2 47 -22 -5.3 -12.7
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.2 39 -14 -3.5 -10.9
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 0.2 60 -35 5.6 -1.8
QQMG Invesco ESG NASDAQ 100 ETF 0.2 20 5 4.7 -2.6
FBCV Fidelity Blue Chip Value ETF 0.2 59 -34 7.1 -0.3
QQQ Invesco QQQ Trust Series I 0.2 20 5 4.6 -2.7
QQQM Invesco NASDAQ 100 ETF 0.2 15 10 4.7 -2.7
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.2 35 -10 4.8 -2.6
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.2 58 -33 4.8 -2.6
ICLN iShares Global Clean Energy ETF 0.2 41 -16 4.3 -3.1
CIBR First Trust NASDAQ Cybersecurity ETF 0.2 60 -35 3.9 -3.4
HELX Franklin Genomic Advancements ETF 0.2 50 -25 1.7 -5.7
AQWA Global X Clean Water ETF 0.2 50 -25 4.3 -3.1
AWAY ETFMG Travel Tech ETF 0.1 76 -51 -4.1 -11.5
AZTD Aztlan Global Stock Selection DM SMID ETF 0.1 75 -50 6.6 -0.7
BBH VanEck Biotech ETF 0.1 35 -10 5.2 -2.2
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.1 24 1 8.0 +0.6
AUSF Global X Adaptive U.S. Factor ETF 0.1 27 -2 9.0 +1.6
QLV FlexShares US Quality Low Volatility Index Fund 0.1 22 3 5.2 -2.2
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.1 38 -13 6.7 -0.6
GNOM Global X Genomics & Biotechnology ETF 0.1 50 -25 -5.4 -12.8
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.1 4 21 6.1 -1.2
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.1 15 10 6.3 -1.1
VIRS Pacer BioThreat Strategy ETF 0.1 70 -45 6.0 -1.4
EKG First Trust Nasdaq Lux Digital Health Solutions ETF 0.1 65 -40 -1.1 -8.5
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.1 30 -5 8.0 +0.6
FXH First Trust Health Care AlphaDEX Fund 0.1 62 -37 7.1 -0.3
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.1 39 -14 -1.3 -8.7
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 -14 7.3 -0.1
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 4 3.9 -3.5
CACG ClearBridge All Cap Growth ESG ETF 0.1 54 -29 3.4 -3.9
LRGE ClearBridge Large Cap Growth ESG ETF 0.1 59 -34 3.4 -4.0
SDIV Global X Superdividend ETF 0.1 58 -33 17.6 +10.3
GQRE FlexShares Global Quality Real Estate Index Fund 0.1 45 -20 6.9 -0.5
DFGR Dimensional Global Real Estate ETF 0.1 22 3 7.1 -0.3
REET iShares Global REIT ETF 0.1 14 11 7.1 -0.2
IEUS iShares MSCI Europe Small-Cap ETF 0.1 42 -17 0.0 -7.4
WUGI AXS Esoterica NextG Economy ETF 0.1 75 -50 2.1 -5.2
ARKF ARK Fintech Innovation ETF 0.1 75 -50 -2.2 -9.6
BUYZ Franklin Disruptive Commerce ETF 0.1 50 -25 2.1 -5.3
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 0.1 18 7 7.9 +0.5
VYM Vanguard High Dividend Yield Index ETF 0.1 6 19 7.3 -0.0
AVRE Avantis Real Estate ETF 0.1 17 8 6.6 -0.7
GWX SPDR S&P International Small Cap ETF 0.1 40 -15 6.6 -0.8
FRNW Fidelity Clean Energy ETF 0.1 39 -14 3.7 -3.7
NLR VanEck Uranium+Nuclear Energy ETF 0.1 61 -36 4.5 -2.9
JAVA JPMorgan Active Value ETF 0.1 44 -19 6.3 -1.0
USVT US Value ETF 0.1 49 -24 11.3 +3.9
STXV Strive 1000 Value ETF 0.1 18 7 7.8 +0.5
KRUZ Unusual Whales Subversive Republican Trading ETF 0.1 75 -50 4.9 -2.4
GVIP Goldman Sachs Hedge Industry VIP ETF 0.1 45 -20 4.6 -2.7
WTRE WisdomTree New Economy Real Estate Fund 0.1 58 -33 5.0 -2.3
SRVR Pacer Data & Infrastructure Real Estate ETF 0.1 55 -30 2.9 -4.5
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 0 7.1 -0.3
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 -7 5.2 -2.2
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 16 5.1 -2.3
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 -15 0.0 -7.4
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 0 7.1 -0.3
FTRI First Trust Indxx Global Natural Resources Income ETF 0.1 70 -45 10.6 +3.3
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 0.1 40 -15 7.1 -0.2
SCHC Schwab International Small-Cap Equity ETF 0.1 11 14 6.4 -0.9
PRAY FIS Christian Stock Fund 0.1 69 -44 5.9 -1.5
VONV Vanguard Russell 1000 Value ETF 0.0 8 17 6.7 -0.6
NANC Unusual Whales Subversive Democratic Trading ETF 0.0 75 -50 3.8 -3.6
WNDY Global X Wind Energy ETF 0.0 50 -25 5.2 -2.2
CTEC Global X CleanTech ETF 0.0 50 -25 1.0 -6.4
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.0 80 -55 11.0 +3.7
BLDG Cambria Global Real Estate ETF 0.0 60 -35 9.4 +2.0
AFK VanEck Africa Index ETF 0.0 98 -73 10.0 +2.7
DMAT Global X Disruptive Materials ETF 0.0 59 -34 9.9 +2.6
SRET Global X SuperDividend REIT ETF 0.0 59 -34 10.1 +2.8
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 14 5.2 -2.1
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 8 7.1 -0.3
VONE Vanguard Russell 1000 ETF 0.0 8 17 5.2 -2.1
VTHR Vanguard Russell 3000 ETF 0.0 10 15 5.1 -2.3
SFY SoFi Select 500 ETF 0.0 0 25 5.2 -2.2
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 18 7.5 +0.1
ARB AltShares Merger Arbitrage ETF -1.6 77 -52 -0.2 -7.5

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

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  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:		 Goldman Sachs ActiveBeta Europe Equity 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 12.8 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 7.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.54 CATEGORY
AVERAGE		 1.51
 
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.