Goldman Sachs Activebeta U.S. Small Cap Equity ETF
ALTAR
Score™		 4.2% info Recommen-
dation		 NEUTRAL
2021E    2022E
P/E
ratio		 20.4x P/Sales
ratio		 1.2x
P/BV
ratio		 2.3x Div.
yield		 1.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF tracks an index of US small-cap stocks. The index equally weights four factor-based subindexes: value, momentum, quality, and low volatility.

FUND BASICS
Category US Equities
Fund Sponsor Goldman Sachs
Website www.gsam.com
Inception date Jun 28, 2017
Assets (mns) $393
Currency USD
Expense ratio 20 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 1438
Wgt avg mkt cap (mns) $2,678
Large cap (>$10bn) 0.5%
Mid cap ($2-10bn) 57.0%
Small cap (<$2bn) 42.2%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
CROCS INC 0.4 %
LATTICE SEMICONDUCTOR CORP 0.3 %
SYNAPTICS INC 0.3 %
STAAR SURGICAL CO 0.3 %
EXP WORLD HOLDINGS, INC. 0.3 %
OWENS & MINOR INC 0.3 %
EMCOR GROUP INC 0.3 %
WINGSTOP, INC. 0.3 %
LHC GROUP INC 0.3 %
REDFIN CORPORATION 0.2 %
Total 2.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.2 %
BERMUDA 1.1 %
CANADA 0.4 %
BRITAIN 0.4 %
IRELAND 0.3 %
PUERTO RICO 0.3 %
CAYMAN ISLANDS 0.1 %
LUXEMBOURG 0.1 %
ISRAEL 0.1 %
MONACO 0.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
20.3% 63.2% -- -- 14.0%

Market Correlations
versus... Beta R-squared
S&P500 1.01 76%
MSCI EAFE 1.03 78%
MSCI Emg. Mkts. 0.85 64%

Technical Indicators
Recent close $63.95
30d moving avg. $63.72
Annualized volatility 21.4%
Short interest (ETF) 0.3%
Short interest (Underlying) 7.6%
Relative strength (RSI) 45

Liquidity measures
Avg. volume (thou.) 39
Turnover 0.6%
Bid/Ask (% of price) 0.19%
ADV underlying (mns) $43,357

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 698 potential alternatives to the Goldman Sachs Activebeta U.S. Small Cap Equity ETF ETF based on the alternatives' overlap in portfolio holdings with GSSC. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: GSSC Expense: 20 bp ALTAR Score™: 4.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH GSSC
Ticker Fund
Name		 Overlap1
vs GSSC
(%)		 Expense
ratio
(bp)		 Savings
vs GSSC
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs GSSC
(%)
IWM iShares Russell 2000 ETF 69.1 19 1 2.6 -1.7
VTWO Vanguard Russell 2000 Index Fund 68.8 10 10 2.7 -1.6
DFAS Dimensional U.S. Small Cap ETF 58.2 34 -14 4.7 +0.4
ISCB iShares Morningstar Small-Cap ETF 56.1 4 16 3.0 -1.2
SCHA Schwab U.S. Small-Cap ETF 52.6 4 16 3.5 -0.8
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 49.4 9 11 3.4 -0.8
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 49.2 29 -9 5.0 +0.8
IWN iShares Russell 2000 Value ETF 49.1 24 -4 4.7 +0.4
VTWV Vanguard Russell 2000 Value Index Fund 48.9 15 5 4.8 +0.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 48.5 39 -19 3.5 -0.7
STSB iShares Factors US Small Blend Style ETF 47.1 35 -15 3.5 -0.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 46.4 39 -19 3.8 -0.5
IWO iShares Russell 2000 Growth ETF 46.1 24 -4 0.1 -4.2
VTWG Vanguard Russell 2000 Growth Index Fund 46.0 15 5 0.2 -4.1
PBSM Invesco PureBeta MSCI USA Small Cap ETF 45.1 6 14 3.9 -0.4
ISCG iShares Morningstar Small-Cap Growth ETF 45.0 6 14 0.5 -3.8
BKSE BNY Mellon US Small Cap Core Equity ETF 44.8 4 16 4.1 -0.1
ISCV iShares Morningstar Small Cap Value ETF 43.7 6 14 5.3 +1.1
IUSS Invesco Strategic US Small Company ETF 41.5 23 -3 4.4 +0.1
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 41.3 40 -20 5.2 +0.9
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 40.9 17 3 3.8 -0.4
SPSM SPDR Portfolio S&P 600 Small Cap ETF 40.5 5 15 5.8 +1.5
SLY SPDR S&P 600 Small Cap ETF 40.5 15 5 5.7 +1.4
IJR iShares Core S&P Small Cap ETF 40.4 6 14 5.7 +1.4
VIOO Vanguard S&P Small-Cap 600 ETF 40.3 10 10 5.6 +1.4
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 39.7 29 -9 0.8 -3.4
FNDA Schwab Fundamental U.S. Small Co. Index ETF 39.6 25 -5 4.8 +0.6
XJR iShares ESG Screened S&P Small-Cap ETF 39.1 12 8 5.4 +1.2
PQSV PGIM QMA Strategic Alpha Small-Cap Value ETF 38.1 29 -9 6.1 +1.9
FYX First Trust Small Cap Core AlphaDEX Fund 37.5 63 -43 5.7 +1.5
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 37.2 35 -15 5.1 +0.8
SSLY Syntax Stratified SmallCap ETF 36.4 40 -20 4.8 +0.5
VB Vanguard Small-Cap ETF 34.5 5 15 4.3 +0.1
DFAT Dimensional U.S. Targeted Value ETF 34.4 34 -14 6.1 +1.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 34.3 39 -19 6.2 +1.9
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 33.6 35 -15 6.2 +2.0
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 33.6 35 -15 6.2 +2.0
EES WisdomTree SmallCap Earnings Fund 33.6 38 -18 7.6 +3.4
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 33.6 30 -10 6.2 +2.0
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 32.4 24 -4 6.0 +1.8
TPSC Timothy Plan US Small Cap Core ETF 32.0 52 -32 5.9 +1.7
PSC Principal U.S. Small Cap Index ETF 32.0 38 -18 4.9 +0.7
VXF Vanguard Extended Market Index Fund 30.6 6 14 2.5 -1.7
FSMD Fidelity Small-Mid Factor ETF 30.6 29 -9 5.9 +1.7
CSML IQ Chaikin U.S. Small Cap ETF 30.6 35 -15 2.5 -1.8
VBR Vanguard Small Cap Value Index Fund 30.0 7 13 6.0 +1.7
VFQY Vanguard U.S. Quality Factor ETF 29.0 13 7 5.0 +0.7
AVUV Avantis U.S. Small Cap Value ETF 28.8 25 -5 6.7 +2.5
SLYV SPDR S&P 600 Small Cap Value ETF 28.1 15 5 6.6 +2.4
IJS iShares S&P Small-cap 600 Value ETF 28.1 18 2 6.5 +2.2
VIOV Vanguard S&P Small-Cap 600 Value ETF 27.9 15 5 6.5 +2.3
AFSM First Trust Active Factor Small Cap ETF 27.7 77 -57 5.3 +1.1
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 27.6 12 8 5.5 +1.3
SLYG SPDR S&P 600 Small Cap Growth ETF 27.1 15 5 4.8 +0.5
IJT iShares S&P Small-Cap 600 Growth ETF 27.0 18 2 4.7 +0.5
VIOG Vanguard S&P Small-Cap 600 Growth ETF 27.0 16 4 4.7 +0.5
VBK Vanguard Small-Cap Growth Index Fund 25.3 7 13 1.9 -2.3
DES WisdomTree U.S. SmallCap Dividend Fund 24.5 38 -18 6.4 +2.2
EZM WisdomTree U.S. MidCap Earnings Fund 24.4 38 -18 7.5 +3.2
RNSC Small Cap US Equity Select ETF 24.4 60 -40 5.8 +1.6
FAD First Trust Multi Cap Growth AlphaDEX Fund 23.9 63 -43 1.8 -2.5
NUSC Nuveen ESG Small-Cap ETF 23.8 40 -20 3.8 -0.4
ROSC Hartford Multifactor Small Cap ETF 23.7 34 -14 6.8 +2.6
VFVA Vanguard U.S. Value Factor ETF 23.3 14 6 8.3 +4.1
JHSC John Hancock Multifactor Small Cap ETF 22.9 42 -22 4.8 +0.6
IWC iShares Micro-Cap ETF 22.4 60 -40 -2.3 -6.6
ISMD Inspire Small/Mid Cap Impact ETF 20.6 57 -37 4.9 +0.7
VFMF Vanguard U.S. Multifactor ETF 20.6 19 1 7.0 +2.7
FYC First Trust Small Cap Growth AlphaDEX Fund 20.5 71 -51 1.9 -2.3
VFLQ Vanguard U.S. Liquidity Factor ETF 20.2 13 7 3.1 -1.1
VFMO Vanguard U.S. Momentum Factor ETF 19.7 13 7 3.2 -1.1
TUSA First Trust Total US Market AlphaDEX ETF 19.1 70 -50 5.7 +1.4
FYT First Trust Small Cap Value AlphaDEX Fund 19.0 72 -52 8.0 +3.8
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 18.6 20 0 0.0 -4.2
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 17.0 20 0 3.6 -0.7
SQLV Legg Mason Small-Cap Quality Value 16.9 62 -42 5.3 +1.1
EWMC Invesco S&P MidCap 400 Equal Weight ETF 16.9 40 -20 5.4 +1.1
IJH iShares Core S&P Mid-Cap ETF 16.5 5 15 5.5 +1.3
SPMD SPDR Portfolio Mid Cap ETF 16.5 5 15 5.5 +1.3
MDY SPDR S&P Midcap 400 ETF Trust 16.5 23 -3 5.3 +1.1
IVOO Vanguard S&P Mid-Cap 400 ETF 16.5 10 10 5.6 +1.3
SVAL iShares US Small Cap Value Factor ETF 16.2 20 0 7.8 +3.6
FAB First Trust Multi Cap Value AlphaDEX Fund 15.7 70 -50 7.5 +3.3
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 15.6 25 -5 4.7 +0.5
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 15.5 7 13 3.8 -0.5
SMDY Syntax Stratified MidCap ETF 15.3 35 -15 5.0 +0.8
XJH iShares ESG Screened S&P Mid-Cap ETF 15.3 12 8 5.6 +1.3
BFOR Barron's 400 ETF 14.6 70 -50 5.8 +1.5
FNX First Trust Mid Cap Core AlphaDEX Fund 13.7 60 -40 4.9 +0.7
DFAC Dimensional U.S. Core Equity 2 ETF 13.4 19 1 4.9 +0.7
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 13.2 38 -18 7.0 +2.8
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 13.1 30 -10 5.1 +0.8
RZG Invesco S&P Smallcap 600 Pure Growth ETF 12.9 35 -15 4.8 +0.6
DWAS Invesco DWA SmallCap Momentum ETF 12.8 60 -40 -0.4 -4.7
FNY First Trust Mid Cap Growth AlphaDEX Fund 12.7 70 -50 0.7 -3.6
JSML Janus Henderson Small Cap Growth Alpha ETF 12.7 30 -10 5.5 +1.2
AFMC First Trust Active Factor Mid Cap ETF 12.1 65 -45 6.0 +1.8
IVOV Vanguard S&P Mid-Cap 400 Value ETF 12.0 15 5 6.7 +2.5
RWK Invesco S&P MidCap 400 Revenue ETF 12.0 39 -19 6.3 +2.0
MDYV SPDR S&P 400 Mid Cap Value ETF 11.9 15 5 6.5 +2.3
IJJ iShares S&P Mid-Cap 400 Value ETF 11.9 18 2 6.5 +2.3
AVUS Avantis U.S. Equity ETF 11.2 15 5 5.0 +0.8
VUSE Vident Core US Equity Fund 10.6 48 -28 6.8 +2.6
XSMO Invesco S&P SmallCap Momentum ETF 10.5 39 -19 3.9 -0.3
SIXL 6 Meridian Low Beta Equity Strategy ETF 10.4 88 -68 4.4 +0.1
XSLV Invesco S&P SmallCap Low Volatility ETF 10.4 25 -5 5.3 +1.0
DON WisdomTree U.S. MidCap Dividend Fund 10.0 38 -18 6.5 +2.3
MIDE Xtrackers S&P MidCap 400 ESG ETF 10.0 15 5 5.7 +1.5
IJK iShares S&P Mid-Cap 400 Growth ETF 9.7 17 3 4.3 +0.0
MDYG SPDR S&P 400 Mid Cap Growth ETF 9.7 15 5 4.3 +0.1
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 9.6 15 5 4.3 +0.1
KOMP SPDR Kensho New Economies Composite ETF 9.6 20 0 1.6 -2.7
RZV Invesco S&P Smallcap 600 Pure Value ETF 9.5 35 -15 6.6 +2.4
PSCF Invesco S&P SmallCap Financials ETF 9.4 29 -9 8.6 +4.4
XSVM Invesco S&P SmallCap Value with Momentum ETF 9.3 39 -19 7.0 +2.8
XSHQ Invesco S&P SmallCap Quality ETF 9.0 29 -9 6.0 +1.7
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 8.4 80 -60 4.9 +0.6
VIS Vanguard Industrials Index Fund 8.2 10 10 4.5 +0.2
SFYX Sofi Next 500 ETF 8.2 0 20 4.5 +0.2
FIDU Fidelity MSCI Industrials Index ETF 8.1 8 12 4.9 +0.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 8.0 30 -10 5.5 +1.3
CALF Pacer US Small Cap Cash Cows 100 ETF 7.9 59 -39 8.8 +4.5
JSTC Adasina Social Justice All Cap Global ETF 7.8 89 -69 4.6 +0.3
SIXS 6 Meridian Small Cap Equity ETF 7.7 100 -80 6.2 +1.9
SMDV ProShares Russell 2000 Dividend Growers ETF 7.6 41 -21 5.7 +1.4
VCR Vanguard Consumer Discretionary Index Fund 7.5 10 10 3.4 -0.8
VFH Vanguard Financials Index Fund 7.4 10 10 7.0 +2.7
FNCL Fidelity MSCI Financials Index ETF 7.3 8 12 7.0 +2.8
PSCI Invesco S&P SmallCap Industrials ETF 7.3 29 -9 5.2 +0.9
FDIS Fidelity MSCI Consumer Discretionary Index ETF 7.2 8 12 3.5 -0.7
BTEC Principal Healthcare Innovators Index ETF 7.2 42 -22 -2.3 -6.6
FNDB Schwab Fundamental U.S. Broad Market Index ETF 7.2 25 -5 5.6 +1.3
PSCH Invesco S&P SmallCap Health Care ETF 7.1 29 -9 2.7 -1.5
XSW SPDR S&P Software & Services ETF 7.0 35 -15 2.8 -1.4
QABA First Trust NASDAQ ABA Community Bank Index Fund 7.0 60 -40 7.4 +3.1
RNMC Mid Cap US Equity Select ETF 6.9 60 -40 6.0 +1.8
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 6.7 21 -1 2.9 -1.3
IEFN iShares Evolved U.S. Financials ETF 6.7 18 2 7.4 +3.1
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 6.5 35 -15 6.8 +2.6
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 6.5 29 -9 6.5 +2.2
HKND Humankind US Stock ETF 6.3 209 -189 3.7 -0.6
DFAU Dimensional US Core Equity Market ETF 6.3 12 8 4.7 +0.5
HLGE Hartford Longevity Economy ETF 6.2 44 -24 5.9 +1.7
KRE SPDR S&P Regional Banking ETF 6.2 35 -15 7.6 +3.4
DEEP Roundhill Acquirers Deep Value ETF 6.2 80 -60 8.3 +4.1
VAMO Cambria Value & Momentum ETF 6.1 63 -43 5.0 +0.8
FHLC Fidelity MSCI Health Care Index ETF 6.1 8 12 5.0 +0.7
VLU SPDR S&P 1500 Value Tilt ETF 6.0 12 8 6.2 +1.9
OUSM O'Shares FTSE Russell Small Cap Quality Dividend ETF 5.9 48 -28 5.7 +1.4
VHT Vanguard Health Care Index Fund 5.9 10 10 5.0 +0.8
PSCT Invesco S&P SmallCap Information Technology ETF 5.9 29 -9 4.5 +0.3
IFRA iShares U.S. Infrastructure ETF 5.9 40 -20 3.4 -0.9
DHS WisdomTree U.S. High Dividend Fund 5.8 38 -18 7.8 +3.5
VNQ Vanguard REIT Index Fund 5.7 12 8 4.9 +0.7
FREL Fidelity MSCI Real Estate Index ETF 5.6 9 12 5.0 +0.8
AIEQ AI Powered Equity ETF 5.5 80 -60 -0.2 -4.4
VTHR Vanguard Russell 3000 Index Fund 5.5 10 10 4.4 +0.1
IWV iShares Russell 3000 ETF 5.5 20 0 4.3 +0.0
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 5.5 60 -40 6.1 +1.8
ITOT iShares Core S&P Total U.S. Stock Market ETF 5.4 3 17 4.3 +0.1
VTI Vanguard Total Stock Market Index Fund 5.4 3 17 4.3 +0.1
SCHB Schwab U.S. Broad Market ETF 5.3 3 17 4.4 +0.2
XBI SPDR S&P BIOTECH ETF 4.8 35 -15 -1.2 -5.4
MMTM SPDR S&P 1500 Momentum Tilt ETF 4.8 12 8 4.4 +0.2
XRT SPDR S&P Retail ETF 4.7 35 -15 4.5 +0.3
DWMC AdvisorShares Dorsey Wright Micro-Cap ETF 4.7 132 -112 -1.5 -5.7
KBE SPDR S&P Bank ETF 4.7 35 -15 8.7 +4.5
FRI First Trust S&P REIT Index Fund 4.6 50 -30 4.7 +0.5
GBGR Global Beta Momentum-Growth ETF 4.6 29 -9 3.1 -1.1
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 4.6 60 -40 6.9 +2.6
RFV Invesco S&P Midcap 400 Pure Value ETF 4.5 35 -15 8.6 +4.3
IBB iShares NASDAQ Biotechnology ETF 4.5 46 -26 0.2 -4.1
SCHH Schwab U.S. REIT ETF 4.5 7 13 4.9 +0.6
USRT iShares Core U.S. REIT ETF 4.5 8 12 5.2 +0.9
ESGV Vanguard ESG U.S. Stock ETF 4.5 12 8 4.5 +0.2
RFG Invesco S&P Midcap 400 Pure Growth ETF 4.5 35 -15 4.0 -0.3
IGV iShares Expanded Tech-Software ETF 4.4 46 -26 2.1 -2.1
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 4.4 50 -30 3.0 -1.3
IBBJ Defiance Nasdaq Junior Biotechnology ETF 4.4 45 -25 0.0 -4.2
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 4.4 11 9 5.2 +0.9
IEIH iShares Evolved U.S. Innovative Healthcare ETF 4.3 18 2 4.0 -0.2
RYJ Invesco Raymond James SB-1 Equity ETF 4.3 76 -56 3.3 -1.0
OSCV Opus Small Cap Value Plus ETF 4.2 79 -59 4.0 -0.2
KSCD KFA Small Cap Quality Dividend Index ETF 4.2 51 -31 5.7 +1.5
IEHS iShares Evolved U.S. Healthcare Staples ETF 4.1 18 2 4.7 +0.4
GLRY Inspire Faithward Mid Cap Momentum ESG ETF 4.1 85 -65 5.1 +0.8
XMVM Invesco S&P MidCap Value with Momentum ETF 4.0 39 -19 8.5 +4.3
FTHI First Trust High Income ETF 4.0 85 -65 5.0 +0.7
FTLB First Trust Hedged BuyWrite Income ETF 4.0 85 -65 4.9 +0.7
SCHM Schwab U.S. Mid-Cap ETF 4.0 4 16 4.7 +0.4
FFR First Trust FTSE EPRA/NAREIT Developed Markets Real Estate 4.0 60 -40 5.1 +0.9
FDM First Trust Dow Jones Select Microcap Index Fund 4.0 60 -40 3.2 -1.0
PAVE Global X U.S. Infrastructure Development ETF 3.9 47 -27 4.7 +0.4
PRF Invesco FTSE RAFI US 1000 ETF 3.9 39 -19 5.7 +1.5
REET iShares Global REIT ETF 3.9 14 6 5.2 +1.0
PKW Invesco Buyback Achievers ETF 3.9 62 -42 7.2 +3.0
XMMO Invesco S&P MidCap Momentum ETF 3.9 34 -14 3.5 -0.7
RWR SPDR Dow Jones REIT ETF 3.7 25 -5 5.1 +0.9
PWC Invesco Dynamic Market ETF 3.7 58 -38 5.7 +1.4
RWO SPDR Dow Jones Global Real Estate ETF 3.7 50 -30 4.9 +0.7
DFUS Dimensional U.S. Equity ETF 3.7 11 9 4.5 +0.2
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 3.6 30 -10 8.1 +3.9
SPTM SPDR Portfolio Total Stock Market ETF 3.6 3 17 4.7 +0.5
DTD WisdomTree U.S.Total Dividend Fund 3.6 28 -8 6.1 +1.9
PTH Invesco DWA Healthcare Momentum ETF 3.5 60 -40 -3.4 -7.7
XHS SPDR S&P Health Care Services ETF 3.5 35 -15 4.1 -0.2
ROOF IQ US Real Estate Small Cap ETF 3.5 70 -50 7.7 +3.4
ANEW ProShares MSCI Transformational Changes ETF 3.5 45 -25 2.6 -1.7
ETHO Etho Climate Leadership U.S. ETF 3.5 48 -28 3.8 -0.5
VAW Vanguard Materials Index Fund 3.3 10 10 5.5 +1.2
AIRR First Trust RBA American Industrial Renaissance ETF 3.3 70 -50 4.5 +0.3
FMAT Fidelity MSCI Materials Index ETF 3.3 8 12 5.5 +1.2
NVQ QRAFT AI-Enhanced US Next Value ETF 3.2 75 -55 6.7 +2.5
XHE SPDR S&P Health Care Equipment ETF 3.2 35 -15 -0.2 -4.4
IEDI iShares Evolved U.S. Discretionary Spending ETF 3.2 18 2 3.5 -0.8
XMHQ Invesco S&P MidCap Quality ETF 3.1 25 -5 5.9 +1.6
PPTY PPTY-U.S. Diversified Real Estate ETF 3.1 49 -29 4.7 +0.5
FNK First Trust Mid Cap Value AlphaDEX Fund 3.0 70 -50 7.5 +3.2
IHF iShares U.S. Healthcare Providers ETF 3.0 42 -22 6.6 +2.4
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 3.0 112 -92 3.2 -1.1
VGT Vanguard Information Technology Index Fund 3.0 10 10 3.9 -0.4
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 3.0 60 -40 1.0 -3.3
FTEC Fidelity MSCI Information Technology Index ETF 2.9 8 12 3.9 -0.3
HOMZ Hoya Capital Housing ETF 2.8 30 -10 6.8 +2.6
FSTA Fidelity MSCI Consumer Staples Index ETF 2.8 8 12 5.1 +0.9
CVY Invesco Zacks Multi-Asset Income ETF 2.8 94 -74 8.0 +3.8
TECB iShares US Tech Breakthrough Multisector ETF 2.8 40 -20 3.3 -0.9
JHMM John Hancock Multifactor Mid Cap ETF 2.7 42 -22 4.6 +0.4
VDC Vanguard Consumer Staples Index Fund 2.7 10 10 5.1 +0.9
KBWR Invesco KBW Regional Banking ETF 2.7 35 -15 7.6 +3.4
FUTY Fidelity MSCI Utilities Index ETF 2.7 8 12 5.5 +1.3
VPU Vanguard Utilities Index Fund 2.7 10 10 5.5 +1.3
IECS iShares Evolved U.S. Consumer Staples ETF 2.6 18 2 5.2 +0.9
NIFE Direxion Fallen Knives ETF 2.6 50 -30 4.0 -0.3
ROUS Hartford Multifactor US Equity ETF 2.5 19 1 5.4 +1.2
VFMV Vanguard U.S. Minimum Volatility ETF 2.5 13 7 4.2 0.0
HTEC ROBO Global Healthcare Technology & Innovation ETF 2.5 68 -48 0.5 -3.8
XITK SPDR FactSet Innovative Technology ETF 2.5 45 -25 0.2 -4.0
FPX First Trust US IPO Index Fund 2.5 57 -37 0.9 -3.4
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.5 49 -29 4.0 -0.2
VT Vanguard Total World Stock ETF 2.4 8 12 5.3 +1.0
AGNG Global X Aging Population ETF 2.4 50 -30 3.2 -1.0
BUL Pacer US Cash Cows Growth ETF 2.4 60 -40 5.0 +0.8
VOX Vanguard Telecommunication Services Index Fund 2.4 10 10 3.6 -0.7
VYM Vanguard High Dividend Yield Index ETF 2.4 6 14 6.7 +2.4
FCOM Fidelity MSCI Telecommunication Services Index ETF 2.4 8 12 3.7 -0.6
PFI Invesco DWA Financial Momentum ETF 2.3 60 -40 6.6 +2.3
BFTR Future Innovators ETF 2.3 80 -60 -1.2 -5.5
IGM iShares Expanded Tech Sector ETF 2.3 46 -26 3.3 -1.0
FNDX Schwab Fundamental U.S. Large Co. Index ETF 2.3 25 -5 5.6 +1.4
FIVG Defiance Next Gen Connectivity ETF 2.3 30 -10 4.3 +0.0
GQRE FlexShares Global Quality Real Estate Index Fund 2.2 45 -25 5.5 +1.3
JHMH John Hancock Multifactor Healthcare ETF 2.2 40 -20 5.4 +1.1
IHI iShares U.S. Medical Devices ETF 2.2 42 -22 3.0 -1.3
SYLD Cambria Shareholder Yield ETF 2.2 59 -39 7.6 +3.4
AMER Emles Made in America ETF 2.2 49 -29 6.9 +2.7
RFFC RiverFront Dynamic US Flex-Cap ETF 2.1 52 -32 4.3 +0.1
PTF Invesco DWA Technology Momentum ETF 2.1 60 -40 1.0 -3.3
XMLV Invesco S&P MidCap Low Volatility ETF 2.1 25 -5 5.2 +0.9
FITE SPDR Kensho Future Security ETF 2.1 45 -25 2.8 -1.5
SBIO ALPS Medical Breakthroughs ETF 2.1 50 -30 0.0 -4.2
XSD SPDR S&P Semiconductor ETF 2.0 35 -15 3.4 -0.8
PNQI Invesco NASDAQ Internet ETF 2.0 60 -40 1.4 -2.8
BBC Virtus LifeSci Biotech Clinical Trials ETF 2.0 79 -59 0.0 -4.2
VDE Vanguard Energy Index Fund 2.0 10 10 3.8 -0.4
SDY SPDR S&P Dividend ETF 2.0 35 -15 5.8 +1.5
FENY Fidelity MSCI Energy Index ETF 2.0 8 12 3.9 -0.3
ITB iShares U.S. Home Construction ETF 2.0 42 -22 8.5 +4.3
FVD First Trust Value Line Dividend Index Fund 2.0 70 -50 5.4 +1.1
PSR Invesco Active U.S. Real Estate Fund 1.9 35 -15 4.5 +0.3
IHE iShares U.S. Pharmaceuticals ETF 1.9 42 -22 6.2 +1.9
PDP Invesco DWA Momentum ETF 1.9 62 -42 2.6 -1.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.9 9 11 5.1 +0.9
BMED BlackRock Future Health ETF 1.9 85 -65 -0.8 -5.0
FDL First Trust Morningstar Dividend Leaders Index Fund 1.9 45 -25 7.7 +3.4
PBE Invesco Dynamic Biotechnology & Genome ETF 1.9 58 -38 0.9 -3.3
PSCC Invesco S&P SmallCap Consumer Staples ETF 1.8 29 -9 4.3 +0.0
KCE SPDR S&P Capital Markets ETF 1.8 35 -15 7.1 +2.8
FIW First Trust Water ETF 1.8 54 -34 2.9 -1.3
XTL SPDR S&P Telecom ETF 1.8 35 -15 2.0 -2.2
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 1.8 69 -49 4.2 -0.0
FVL First Trust Value Line 100 ETF 1.8 70 -50 0.0 -4.2
XWEB SPDR S&P Internet ETF 1.8 35 -15 -0.6 -4.8
PSCM Invesco S&P SmallCap Materials ETF 1.8 29 -9 6.1 +1.8
PHO Invesco Water Resources ETF 1.8 60 -40 2.8 -1.4
ACTV LeaderShares Activist Leaders ETF 1.8 75 -55 4.7 +0.5
IUSV iShares Core S&P U.S. Value ETF 1.7 4 16 6.1 +1.9
MGMT Ballast Small/Mid Cap ETF 1.7 110 -90 5.3 +1.0
TMDV ProShares Russell US Dividend Growers ETF 1.7 36 -16 4.9 +0.7
XPH SPDR S&P Pharmaceuticals ETF 1.7 35 -15 1.9 -2.3
CGW Invesco S&P Global Water Index ETF 1.6 57 -37 3.3 -1.0
BFIT Global X Health & Wellness ETF 1.6 50 -30 3.7 -0.5
BLDG Cambria Global Real Estate ETF 1.6 59 -39 6.5 +2.2
IUS Invesco Strategic US ETF 1.6 19 1 5.7 +1.4
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 1.6 41 -21 5.2 +1.0
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.6 47 -27 1.2 -3.1
LVHD Legg Mason Low Volatility High Dividend ETF 1.6 27 -7 6.5 +2.2
WCLD WisdomTree Cloud Computing Fund 1.6 45 -25 -1.1 -5.4
EBLU Ecofin Global Water ESG Fund 1.6 40 -20 3.5 -0.8
MILN Global X Millennial Consumer ETF 1.6 50 -30 2.1 -2.2
VRAI Virtus Real Asset Income ETF 1.5 55 -35 6.6 +2.3
IEME iShares Evolved U.S. Media & Entertainment ETF 1.5 18 2 4.9 +0.7
WBIY WBI Power Factor High Dividend ETF 1.5 70 -50 8.6 +4.3
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.5 60 -40 0.2 -4.0
PEXL Pacer US Export Leaders ETF 1.5 60 -40 3.7 -0.6
JHMT John Hancock Multifactor Technology ETF 1.5 40 -20 4.0 -0.2
IYF iShares U.S. Financials ETF 1.5 42 -22 5.7 +1.4
RDOG ALPS REIT Dividend Dogs ETF 1.5 35 -15 6.3 +2.1
HACK ETFMG Prime Cyber Security ETF 1.5 60 -40 2.6 -1.6
QGRO American Century STOXX U.S. Quality Growth ETF 1.5 29 -9 3.9 -0.4
IVES Wedbush ETFMG Global Cloud Technology ETF 1.4 68 -48 1.9 -2.3
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.4 52 -32 4.7 +0.5
SKYY First Trust Cloud Computing ETF 1.4 60 -40 2.2 -2.0
KBWY Invesco KBW Premium Yield Equity REIT ETF 1.4 35 -15 6.5 +2.3
PFM Invesco Dividend Achievers ETF 1.4 53 -33 5.1 +0.8
SIMS SPDR S&P Kensho Intelligent Structures ETF 1.4 45 -25 3.2 -1.1
IBUY Amplify Online Retail ETF 1.4 65 -45 -1.2 -5.4
MOON Direxion Moonshot Innovators ETF 1.4 65 -45 -3.8 -8.0
BBP BioShares Biotechnology Products Fund 1.4 79 -59 -1.9 -6.1
PYZ Invesco DWA Basic Materials Momentum ETF 1.4 60 -40 4.9 +0.7
PRN Invesco DWA Industrials Momentum ETF 1.4 60 -40 2.1 -2.2
DGRO iShares Core Dividend Growth ETF 1.4 8 12 6.0 +1.8
FFTY Innovator IBD 50 ETF 1.4 80 -60 5.8 +1.5
PSCU Invesco S&P SmallCap Utilities ETF 1.4 29 -9 3.6 -0.6
IGE iShares North American Natural Resources ETF 1.4 46 -26 4.1 -0.2
REZ iShares Residential Real Estate Capped ETF 1.4 48 -28 4.2 -0.1
IHAK iShares Cybersecurity & Tech ETF 1.4 47 -27 2.9 -1.3
IDU iShares U.S. Utilities ETF 1.3 43 -23 5.2 +1.0
QVAL Alpha Architect U.S. Quantitative Value ETF 1.3 49 -29 8.0 +3.8
MFMS Motley Fool Small-Cap Growth ETF 1.3 85 -65 0.7 -3.6
XOP SPDR S&P Oil & Gas Exploration & Production ETF 1.3 35 -15 2.7 -1.6
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.3 47 -27 4.5 +0.2
GENY Principal Millennials Index ETF 1.3 45 -25 4.7 +0.5
SLT Pacer Salt High truBeta US Market ETF 1.3 60 -40 2.6 -1.7
VIG Vanguard Dividend Appreciation Index Fund 1.3 6 14 5.2 +0.9
PJP Invesco Dynamic Pharmaceuticals ETF 1.3 56 -36 11.8 +7.5
IAK iShares U.S. Insurance ETF 1.3 42 -22 7.5 +3.2
QTUM Defiance Quantum ETF 1.2 40 -20 4.9 +0.6
PBW Invesco WilderHill Clean Energy ETF 1.2 70 -50 -1.5 -5.8
XTN SPDR S&P Transportation ETF 1.2 35 -15 2.3 -2.0
QLV FlexShares US Quality Low Volatility Index Fund 1.2 22 -2 3.9 -0.4
IYT iShares Transportation Average ETF 1.2 42 -22 3.4 -0.9
HART IQ Healthy Hearts ETF 1.2 45 -25 4.1 -0.2
IWFH iShares Virtual Work and Life Multisector ETF 1.2 47 -27 0.5 -3.7
JHMI John Hancock Multifactor Industrials ETF 1.2 40 -20 4.9 +0.7
PKB Invesco Dynamic Building & Construction ETF 1.2 59 -39 5.9 +1.7
GBDV Global Beta Smart Income ETF 1.2 29 -9 8.3 +4.1
HELX Franklin Genomic Advancements ETF 1.2 50 -30 -0.6 -4.9
IYR iShares U.S. Real Estate ETF 1.2 42 -22 4.8 +0.6
FTXL First Trust Nasdaq Semiconductor ETF 1.2 60 -40 5.3 +1.0
IYG iShares US Financial Services ETF 1.2 42 -22 5.9 +1.6
DEW WisdomTree Global High Dividend Fund 1.2 58 -38 8.3 +4.1
HAIL SPDR S&P Kensho Smart Mobility ETF 1.2 45 -25 3.4 -0.9
ROBO Robo Global Robotics & Automation Index ETF 1.2 95 -75 3.2 -1.0
SCHD Schwab U.S. Dividend Equity ETF 1.2 6 14 7.1 +2.9
AQWA Global X Clean Water ETF 1.1 50 -30 3.8 -0.4
SNSR Global X Internet of Things Thematic ETF 1.1 68 -48 3.4 -0.9
IYZ iShares U.S. Telecommunications ETF 1.1 42 -22 6.6 +2.3
GNOM Global X Genomics & Biotechnology ETF 1.1 50 -30 -2.2 -6.5
OLD The Long-Term Care ETF 1.1 30 -10 4.8 +0.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.1 65 -45 1.5 -2.7
PSCE Invesco S&P SmallCap Energy ETF 1.1 29 -9 0.7 -3.6
IDRV iShares Self-driving EV & Tech ETF 1.1 47 -27 6.1 +1.9
CIBR First Trust NASDAQ CEA Cybersecurity ETF 1.1 60 -40 2.7 -1.5
PSI Invesco Dynamic Semiconductors ETF 1.1 57 -37 5.1 +0.9
SHLD Victoryshares Protect America ETF 1.1 60 -40 6.6 +2.3
DRIV Global X Autonomous & Electric Vehicles ETF 1.1 68 -48 4.3 +0.1
IUSG iShares Core S&P US Growth ETF 1.1 4 16 3.8 -0.4
EDOC-GB Global X Telemedicine & Digital Health UCITS ETF 1.1 68 -48 1.1 -3.1
EDOC Global X Telemedicine & Digital Health ETF 1.1 68 -48 -0.1 -4.3
IYJ iShares U.S. Industrials ETF 1.1 42 -22 4.8 +0.6
FDMO Fidelity Momentum Factor ETF 1.1 29 -9 3.8 -0.4
PXI Invesco DWA Energy Momentum ETF 1.0 60 -40 0.4 -3.9
PSJ Invesco Dynamic Software ETF 1.0 56 -36 2.8 -1.4
SCHK Schwab 1000 Index ETF 1.0 5 15 4.5 +0.2
CLOU Global X Cloud Computing ETF 1.0 68 -48 0.8 -3.5
RDIV Invesco S&P Ultra Dividend Revenue ETF 1.0 39 -19 8.3 +4.0
DVY iShares Select Dividend ETF 1.0 39 -19 7.6 +3.4
FEDX Emles Federal Contractors ETF 1.0 60 -40 9.7 +5.4
REM iShares Mortgage Real Estate ETF 1.0 48 -28 12.1 +7.8
XME SPDR S&P Metals & Mining ETF 1.0 35 -15 3.8 -0.4
KIE SPDR S&P Insurance ETF 1.0 35 -15 7.3 +3.1
ACES ALPS Clean Energy ETF 1.0 55 -35 0.6 -3.6
BUG Global X Cybersecurity ETF 1.0 50 -30 1.4 -2.8
IEO iShares U.S. Oil & Gas Exploration & Production ETF 1.0 42 -22 4.0 -0.3
EBIZ Global X E-Commerce ETF 1.0 50 -30 3.8 -0.4
PBD Invesco Global Clean Energy ETF 1.0 75 -55 -0.0 -4.3
ONLN ProShares Online Retail ETF 1.0 58 -38 1.0 -3.2
CBSE Changebridge Capital Sustainable Equity ETF 1.0 85 -65 0.8 -3.4
QDEF FlexShares Quality Dividend Defensive Index Fund 1.0 37 -17 5.5 +1.3
PPA Invesco Aerospace & Defense ETF 1.0 59 -39 5.5 +1.3
KBWD Invesco KBW High Dividend Yield Financial ETF 0.9 124 -104 9.2 +4.9
SHE SPDR SSGA Gender Diversity Index ETF 0.9 20 0 3.9 -0.4
VICE AdvisorShares Vice ETF 0.9 99 -79 3.7 -0.6
NETL NETLease Corporate Real Estate ETF 0.9 60 -40 5.8 +1.6
GRES IQ Global Resources ETF 0.9 78 -58 6.2 +2.0
GERM ETFMG Treatments Testing and Advancements ETF 0.9 68 -48 -4.7 -8.9
INDS Pacer Benchmark Industrial Real Estate SCTR ETF 0.9 60 -40 3.2 -1.1
PEY Invesco High Yield Equity Dividend Achievers ETF 0.9 52 -32 7.3 +3.0
VNMC Natixis Vaughan Nelson Mid Cap ETF 0.9 85 -65 6.1 +1.9
PSL Invesco DWA Consumer Staples Momentum ETF 0.9 60 -40 4.8 +0.6
FTXN First Trust Nasdaq Oil & Gas ETF 0.9 60 -40 2.1 -2.2
ARKK ARK Innovation ETF 0.9 75 -55 -1.4 -5.6
SMOG VanEck Vectors Low Carbon Energy ETF 0.9 62 -42 3.3 -0.9
IGN iShares North American Tech-Multimedia Networking ETF 0.9 46 -26 4.6 +0.3
FILL iShares MSCI Global Energy Producers ETF 0.9 39 -19 5.7 +1.5
FCG First Trust Natural Gas ETF 0.9 60 -40 3.2 -1.0
IYH iShares U.S. Healthcare ETF 0.9 43 -23 5.7 +1.5
PXQ Invesco Dynamic Networking ETF 0.9 63 -43 3.4 -0.8
KVLE KFA Value Liner Dynamic Core Equity Index ETF 0.9 56 -36 5.6 +1.3
TPAY Tortoise Digital Payments Infrastructure Fund 0.9 40 -20 4.3 +0.0
USMF WisdomTree U.S. Multifactor Fund 0.9 28 -8 6.7 +2.4
EVX VanEck Vectors Environmental Services ETF 0.9 55 -35 3.0 -1.2
PBJ Invesco Dynamic Food & Beverage ETF 0.9 63 -43 5.4 +1.1
BTEK BlackRock Future Tech ETF 0.8 88 -68 -0.1 -4.4
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.8 28 -8 6.0 +1.8
CCON Direxion Connected Consumer ETF 0.8 45 -25 2.9 -1.3
IAT iShares U.S. Regional Banks ETF 0.8 42 -22 7.6 +3.4
NURE Nuveen Short-Term REIT ETF 0.8 35 -15 4.0 -0.2
ARKG ARK Genomic Revolution ETF 0.8 75 -55 -1.9 -6.2
IDNA iShares Genomics Immunology & Healthcare ETF 0.8 47 -27 -2.5 -6.8
IYY iShares Dow Jones U.S. ETF 0.8 20 0 4.4 +0.1
PUI Invesco DWA Utilities Momentum ETF 0.8 60 -40 4.9 +0.7
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.8 50 -30 5.6 +1.3
VALQ American Century STOXX U.S. Quality Value ETF 0.8 29 -9 6.7 +2.5
FTXH First Trust Nasdaq Pharmaceuticals ETF 0.8 60 -40 -3.2 -7.5
MORT VanEck Vectors Mortgage REIT Income ETF 0.8 40 -20 11.8 +7.6
BOSS Global X Founder-Run Companies ETF 0.8 45 -25 2.5 -1.7
WFH Direxion Work From Home ETF 0.8 45 -25 3.3 -0.9
TPYP Tortoise North American Pipeline Fund 0.8 40 -20 4.9 +0.6
BNE Blue Horizon BNE ETF 0.8 87 -67 3.0 -1.3
PBS Invesco Dynamic Media ETF 0.8 63 -43 -5.4 -9.6
QDF FlexShares Quality Dividend Index Fund 0.8 37 -17 5.9 +1.6
XES SPDR S&P Oil & Gas Equipment & Services ETF 0.8 35 -15 -3.3 -7.6
PLAT WisdomTree Modern Tech Platforms Fund 0.8 20 0 1.3 -3.0
ROKT SPDR S&P Kensho Final Frontiers ETF 0.8 45 -25 4.2 -0.1
IAI iShares U.S. Broker-Dealers ETF 0.8 42 -22 7.0 +2.8
EDUT Global X Education ETF 0.8 50 -30 2.4 -1.9
FLRG Fidelity U.S. Multifactor ETF 0.8 29 -9 5.5 +1.2
ICLN iShares Global Clean Energy ETF 0.7 46 -26 4.9 +0.6
SPRE SP Funds S&P Global REIT Sharia ETF 0.7 69 -49 3.3 -1.0
SLX VanEck Vectors Steel ETF 0.7 56 -36 15.4 +11.2
DIV Global X SuperDividend US ETF 0.7 45 -25 6.7 +2.5
PXE Invesco Dynamic Energy Exploration & Production ETF 0.7 63 -43 3.0 -1.3
ITEQ BlueStar Israel Technology ETF 0.7 75 -55 1.3 -2.9
SDIV Global X SuperDividend ETF 0.7 59 -39 15.1 +10.8
WCBR WisdomTree Cybersecurity Fund 0.7 45 -25 0.9 -3.4
DTEC ALPS Disruptive Technologies ETF 0.7 50 -30 2.8 -1.5
THNQ ROBO Global Artificial Intelligence ETF 0.7 68 -48 1.6 -2.7
ISRA VanEck Vectors Israel ETF 0.7 62 -42 5.0 +0.7
PEJ Invesco Dynamic Leisure & Entertainment ETF 0.7 63 -43 5.2 +1.0
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 0.7 75 -55 3.7 -0.5
BOUT Innovator IBD Breakout Opportunities ETF 0.7 80 -60 2.1 -2.1
DSI iShares MSCI KLD 400 Social ETF 0.7 25 -5 4.4 +0.1
XHB SPDR S&P Homebuilders ETF 0.7 35 -15 7.3 +3.0
PRNT The 3D Printing ETF 0.7 66 -46 1.8 -2.4
HAP VanEck Vectors Natural Resources ETF 0.7 50 -30 5.1 +0.9
IQM Franklin Intelligent Machines ETF 0.7 50 -30 1.8 -2.4
FTXD First Trust Nasdaq Retail ETF 0.7 60 -40 4.9 +0.7
IMCG iShares Morningstar Mid-Cap Growth ETF 0.7 6 14 3.0 -1.2
CNRG SPDR S&P Kensho Clean Power ETF 0.7 45 -25 2.2 -2.1
SRET Global X SuperDividend REIT ETF 0.7 58 -38 9.6 +5.3
QDYN FlexShares Quality Dividend Dynamic Index Fund 0.7 37 -17 5.7 +1.4
GIGE SoFi Gig Economy ETF 0.6 59 -39 -0.8 -5.0
IYC iShares U.S. Consumer Services ETF 0.6 43 -23 2.7 -1.6
IETC iShares Evolved U.S. Technology ETF 0.6 18 2 3.5 -0.8
IEZ iShares U.S. Oil Equipment & Services ETF 0.6 42 -22 -0.1 -4.3
AUSF Global X Adaptive U.S. Factor ETF 0.6 27 -7 7.3 +3.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.6 46 -26 5.9 +1.7
EMLP First Trust North American Energy Infrastructure Fund 0.6 96 -76 4.6 +0.3
JHMC John Hancock Multifactor Consumer Discretionary ETF 0.6 40 -20 3.3 -0.9
FLM First Trust Global Engineering and Construction ETF 0.6 70 -50 7.0 +2.8
GURU Global X Guru Index ETF 0.6 75 -55 2.7 -1.5
ITA iShares U.S. Aerospace & Defense ETF 0.6 42 -22 5.6 +1.4
WWOW Direxion World Without Waste ETF 0.6 50 -30 1.0 -3.3
OIH VanEck Vectors Oil Services ETF 0.6 35 -15 -0.9 -5.2
ECLN First Trust EIP Carbon Impact ETF 0.6 97 -77 3.3 -1.0
BOTZ Global X Robotics & Artificial Intelligence ETF 0.6 68 -48 2.5 -1.8
BUZZ VanEck Vectors Social Sentiment ETF 0.6 75 -55 3.1 -1.1
LOUP Innovator Loup Frontier Tech ETF 0.6 70 -50 3.4 -0.9
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 0.5 70 -50 3.1 -1.2
CSD Invesco S&P Spin-Off ETF 0.5 62 -42 4.2 -0.1
ALFA AlphaClone Alternative Alpha ETF 0.5 65 -45 1.0 -3.2
LGLV SPDR Russell 1000 Low Volatility ETF 0.5 12 8 4.4 +0.1
IYK iShares U.S. Consumer Goods ETF 0.5 43 -23 4.5 +0.3
IVRA Invesco Real Assets ESG ETF 0.5 59 -39 4.7 +0.4
KBWP Invesco KBW Property & Casualty Insurance ETF 0.5 35 -15 6.1 +1.9
FINX Global X FinTech Thematic ETF 0.5 68 -48 2.5 -1.7
LYFE 2nd Vote Life Neutral Plus ETF 0.5 75 -55 5.8 +1.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.5 47 -27 5.6 +1.3
HDV iShares Core High Dividend ETF 0.5 8 12 6.1 +1.9
FQAL Fidelity Quality Factor ETF 0.5 29 -9 4.7 +0.5
FRAK VanEck Vectors Unconventional Oil & Gas ETF 0.5 54 -34 2.9 -1.3
ARKQ Ark Industrial Innovation ETF 0.5 75 -55 1.1 -3.1
TDV ProShares S&P Technology Dividend Aristocrats ETF 0.5 46 -26 4.4 +0.2
GBLD Invesco MSCI Green Building ETF 0.5 39 -19 7.4 +3.1
MRAD SmartETFs Advertising & Marketing Technology ETF 0.5 68 -48 1.4 -2.9
RESP WisdomTree US ESG Fund of Benef Interest 0.5 28 -8 5.4 +1.1
TRYP SonicShares Airlines, Hotels, Cruise Lines ETF 0.5 75 -55 -1.3 -5.5
XDAT Franklin Exponential Data ETF 0.4 50 -30 1.7 -2.6
IMCB iShares Morningstar Mid-Cap ETF 0.4 4 16 4.6 +0.3
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.4 4 16 4.6 +0.3
SUBZ Roundhill Streaming Services & Technology ETF 0.4 75 -55 -2.9 -7.2
PSP Invesco Global Listed Private Equity ETF 0.4 158 -138 5.3 +1.0
PAWZ ProShares Pet Care ETF 0.4 50 -30 2.0 -2.2
SULR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 0.4 79 -59 4.7 +0.5
TTAC TrimTabs US Free Cash Flow Quality ETF 0.4 59 -39 4.7 +0.5
CBTG Cabot Growth ETF 0.4 75 -55 0.0 -4.2
FDN First Trust Dow Jones Internet Index Fund 0.4 51 -31 1.8 -2.4
SRVR Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF 0.4 60 -40 1.8 -2.5
FCPI Fidelity Stocks for Inflation ETF 0.4 29 -9 5.3 +1.1
XAR SPDR S&P Aerospace & Defense ETF 0.4 35 -15 4.8 +0.6
MOTO SmartETFs Smart Transportation & Technology ETF 0.4 68 -48 8.1 +3.9
JHMS John Hancock Multifactor Consumer Staples ETF 0.4 40 -20 5.3 +1.0
GLIF AGFiQ Global Infrastructure ETF 0.4 45 -25 4.3 +0.0
FDLO Fidelity Low Volatility Factor ETF 0.4 29 -9 4.3 +0.1
RAFE PIMCO RAFI ESG U.S. ETF 0.4 30 -10 6.5 +2.2
CRUZ Defiance Hotel Airline and Cruise ETF 0.4 45 -25 -1.3 -5.6
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 0.4 15 5 5.8 +1.6
IYW iShares U.S. Technology ETF 0.4 43 -23 3.5 -0.8
BUYZ Franklin Disruptive Commerce ETF 0.4 50 -30 -0.2 -4.4
FDG American Century Focused Dynamic Growth ETF 0.4 45 -25 1.9 -2.4
TPLC Timothy Plan US Large Cap Core ETF 0.4 52 -32 4.5 +0.2
CUT Invesco MSCI Global Timber ETF 0.4 61 -41 7.2 +3.0
PY Principal Shareholder Yield Index ETF 0.3 15 5 8.1 +3.9
PXJ Invesco Dynamic Oil & Gas Services ETF 0.3 63 -43 -1.1 -5.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.3 59 -39 10.8 +6.5
SPXZ Morgan Creek - Exos SPAC Originated ETF 0.3 100 -80 -0.3 -4.6
RNRG Global X Renewable Energy Producers ETF 0.3 65 -45 2.4 -1.8
XT iShares Exponential Technologies ETF 0.3 47 -27 4.6 +0.3
VIRS Pacer BioThreat Strategy ETF 0.3 70 -50 4.7 +0.5
VEGI iShares MSCI Global Agriculture Producers ETF 0.3 39 -19 4.5 +0.3
MOO VanEck Vectors Agribusiness ETF 0.3 56 -36 4.3 +0.1
BLOK Amplify Transformational Data Sharing ETF 0.3 70 -50 0.7 -3.6
MJ ETFMG Alternative Harvest ETF 0.3 75 -55 -7.9 -12.1
FTAG First Trust Indxx Global Agriculture ETF 0.3 70 -50 5.4 +1.1
WDIV SPDR Global Dividend ETF 0.3 40 -20 8.6 +4.3
IPAY ETFMG Prime Mobile Payments ETF 0.3 75 -55 4.7 +0.4
JHMF John Hancock Multifactor Financials ETF 0.3 40 -20 6.3 +2.0
AIQ Global X Future Analytics Tech ETF 0.3 68 -48 3.3 -1.0
VETS Pacer Military Times Best Employers ETF 0.3 60 -40 6.2 +1.9
FVAL Fidelity Value Factor ETF 0.3 29 -9 6.4 +2.2
TOKE Cambria Cannabis ETF 0.3 42 -22 -2.7 -7.0
EGIS 2nd Vote Society Defended ETF 0.3 75 -55 5.6 +1.3
DBLV AdvisorShares DoubleLine Value Equity ETF 0.3 91 -71 5.6 +1.4
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.3 68 -48 4.3 +0.1
VNSE Natixis Vaughan Nelson Select ETF 0.3 80 -60 2.4 -1.8
IYM iShares U.S. Basic Materials ETF 0.3 43 -23 4.8 +0.5
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.3 49 -29 4.3 +0.0
JHMU John Hancock Multifactor Utilities ETF 0.3 40 -20 5.4 +1.2
UFO Procure Space ETF 0.2 75 -55 2.4 -1.9
BATT Amplify Advanced Battery Metals & Materials ETF 0.2 59 -39 1.9 -2.4
ENTR Entrepreneur 30 Fund 0.2 49 -29 -0.9 -5.1
SCHC Schwab International Small-Cap Equity ETF 0.2 11 9 4.9 +0.7
CACG ClearBridge All Cap Growth ETF 0.2 53 -33 3.7 -0.6
DURA VanEck Vectors Morningstar Durable Dividend ETF 0.2 29 -9 7.2 +2.9
CNCR Loncar Cancer Immunotherapy ETF 0.2 79 -59 -1.8 -6.0
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 0.2 75 -55 7.6 +3.4
VOE Vanguard Mid-Cap Value Index Fund 0.2 7 13 6.1 +1.9
RBUS Nationwide Risk-Based U.S. Equity ETF 0.2 30 -10 4.8 +0.6
VO Vanguard Mid-Cap Index Fund 0.2 4 16 4.3 +0.1
MXDU Nationwide Maximum Diversification US Core Equity ETF 0.2 34 -14 3.7 -0.6
LRNZ TrueMark Technology, AI & Deep Learning ETF 0.2 68 -48 -0.7 -4.9
SFYF SoFi 50 ETF 0.2 29 -9 -1.3 -5.5
ARKW ARK Web x.0 ETF 0.2 79 -59 -1.1 -5.4
VPN Global X Data Center REITs & Digital Infrastructure ETF 0.2 50 -30 4.0 -0.3
WOOD iShares Global Timber & Forestry ETF 0.2 46 -26 8.5 +4.2
GWX SPDR S&P International Small Cap ETF 0.2 40 -20 4.8 +0.5
CTEC Global X CleanTech ETF 0.2 50 -30 3.0 -1.3
SOCL Global X Social Media ETF 0.2 65 -45 2.2 -2.1
HJEN Direxion Hydrogen ETF 0.2 45 -25 0.6 -3.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 11 9 5.2 +1.0
ARKX ARK Space Exploration & Innovation ETF 0.2 75 -55 3.0 -1.2
CFA VictoryShares US 500 Volatility Weighted Index ETF 0.2 35 -15 5.2 +0.9
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 0.2 35 -15 5.2 +0.9
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 0.2 60 -40 3.6 -0.7
IPO Renaissance IPO ETF 0.2 60 -40 0.0 -4.2
SPAK Defiance Next Gen SPAC Derived ETF 0.2 45 -25 -1.8 -6.0
CNBS Amplify Seymour Cannabis ETF 0.2 75 -55 -7.8 -12.0
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.2 70 -50 2.8 -1.4
TAN Invesco Solar ETF 0.2 69 -49 0.4 -3.9
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.2 85 -65 3.5 -0.7
JHCS John Hancock Multifactor Media & Communications ETF 0.2 40 -20 4.6 +0.4
BITQ Bitwise Crypto Industry Innovators ETF 0.2 85 -65 -0.8 -5.1
DAPP VanEck Vectors Digital Transformation ETF 0.2 65 -45 -1.8 -6.0
REMX VanEck Vectors Rare Earth/Strategic Metals ETF 0.2 59 -39 0.7 -3.5
NLR VanEck Vectors Uranium+Nuclear Energy ETF 0.2 61 -41 7.5 +3.2
LIT Global X Lithium & Battery Tech ETF 0.2 75 -55 1.8 -2.4
EKAR Innovation Shares NextGen Vehicles & Technology ETF 0.2 95 -75 4.6 +0.4
THCX The Cannabis ETF 0.2 75 -55 -11.4 -15.7
BETZ Roundhill Sports Betting & iGaming ETF 0.2 75 -55 3.6 -0.7
FTXG First Trust Nasdaq Food & Beverage ETF 0.2 60 -40 6.4 +2.2
IMCV iShares Morningstar Mid-Cap Value ETF 0.2 6 14 6.2 +2.0
YOLO AdvisorShares Pure Cannabis ETF 0.2 75 -55 -6.5 -10.8
SDEI Sound Equity Income ETF 0.2 45 -25 8.7 +4.4
GDVD Principal Active Global Dividend Income ETF 0.2 58 -38 0.0 -4.2
SYV SPDR MFS Systematic Value Equity ETF 0.2 60 -40 0.0 -4.2
ILCG iShares Morningstar Growth ETF 0.2 4 16 3.0 -1.2
LEND Amplify CrowdBureau Peer-to-Peer Lending & Crowdfunding ETF 0.2 65 -45 5.1 +0.9
DWLD Davis Select Worldwide ETF 0.1 63 -43 6.7 +2.5
JETS US Global Jets ETF 0.1 60 -40 -2.4 -6.6
FBT First Trust NYSE Arca Biotechnology Index Fund 0.1 55 -35 -0.8 -5.0
XBUY Amplify International Online Retail ETF 0.1 69 -49 -1.6 -5.9
IYE iShares U.S. Energy ETF 0.1 42 -22 3.9 -0.4
JHME John Hancock Multifactor Energy ETF 0.1 40 -20 3.6 -0.6
BJK VanEck Vectors Gaming ETF 0.1 65 -45 2.1 -2.1
ABEQ Absolute Core Strategy ETF 0.1 88 -68 4.1 -0.2
QSY WisdomTree U.S. LargeCap Value Fund 0.1 38 -18 6.6 +2.3
UTES Virtus Reaves Utilities ETF 0.1 49 -29 4.6 +0.3
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 0.1 103 -83 3.0 -1.3
CWS AdvisorShares Focused Equity ETF 0.1 77 -57 4.3 +0.0
JOYY Infusive Compounding Global Equities ETF 0.1 50 -30 3.8 -0.5
DFNL Davis Select Financial ETF 0.1 64 -44 6.5 +2.3
DINT Davis Select International ETF 0.1 65 -45 5.3 +1.1
VSDA VictoryShares Dividend Accelerator ETF 0.1 35 -15 4.5 +0.2
VEGN US Vegan Climate ETF 0.1 60 -40 3.7 -0.5
GAMR ETFMG Video Game Tech ETF 0.1 75 -55 3.9 -0.3
MOAT VanEck Vectors Morningstar Wide Moat ETF 0.1 47 -27 5.3 +1.1
GOAT VanEck Vectors Morningstar Global Wide Moat ETF 0.1 52 -32 4.9 +0.7
BRF VanEck Vectors Brazil Small-Cap ETF 0.1 63 -43 4.5 +0.2
FTXO First Trust Nasdaq Bank ETF 0.1 60 -40 7.6 +3.4
FAN First Trust Global Wind Energy ETF 0.1 62 -42 5.9 +1.6
PPH VanEck Vectors Pharmaceutical ETF 0.1 35 -15 10.2 +6.0
FUNL CornerCap Fundametrics Large-Cap ETF 0.1 50 -30 6.9 +2.7
USAI Pacer American Energy Independence ETF 0.1 75 -55 3.2 -1.0
DIVB iShares U.S. Dividend & Buyback ETF 0.1 25 -5 5.7 +1.5
MSOS AdvisorShares Pure US Cannabis ETF 0.1 74 -54 -0.6 -4.9
KOL VanEck Vectors Coal ETF 0.1 60 -40 0.0 -4.2
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF 0.1 25 -5 2.2 -2.0
SGDM Sprott Gold Miners ETF 0.1 50 -30 4.5 +0.3
GOEX Global X Gold Explorers ETF 0.1 65 -45 4.2 -0.1
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 17 4.5 +0.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 -19 5.1 +0.8
ENFR Alerian Energy Infrastructure ETF 0.1 65 -45 3.6 -0.6
SDGA Impact Shares Sustainable Development Goals Global ETF 0.1 75 -55 5.3 +1.1
NACP Impact Shares NAACP Minority Empowerment ETF 0.1 49 -29 4.4 +0.1
WOMN Impact Shares YWCA Women's Empowerment ETF 0.1 75 -55 4.2 -0.1
VUG Vanguard Growth Index Fund 0.1 4 16 3.5 -0.8
FTRI First Trust Indxx Global Natural Resources Income ETF 0.1 70 -50 11.0 +6.7
PIO Invesco Global Water ETF 0.1 75 -55 3.6 -0.7
EINC VanEck Vectors Energy Income ETF 0.1 45 -25 4.2 0.0
GDX VanEck Vectors Gold Miners ETF 0.1 52 -32 4.1 -0.1
GDXJ VanEck Vectors Junior Gold Miners ETF 0.1 53 -33 4.0 -0.3
SLVP iShares MSCI Global Silver Miners ETF 0.1 39 -19 3.1 -1.2
SIL Global X Silver Miners ETF 0.1 65 -45 2.8 -1.4
SILJ ETFMG Prime Junior Silver ETF 0.1 69 -49 1.6 -2.7
HDRO Defiance Next Gen H2 ETF 0.1 30 -10 0.8 -3.4
AVDV Avantis International Small Cap Value ETF 0.1 36 -16 6.4 +2.2
HERO Global X Video Games & Esports ETF 0.1 50 -30 4.2 -0.0
HERU-GB Global X Video Games & Esports UCITS ETF 0.1 50 -30 3.9 -0.4
VIDI Vident International Equity Fund 0.1 59 -39 9.3 +5.1
MLPX Global X MLP & Energy Infrastructure ETF 0.1 45 -25 3.9 -0.4
LCG Sterling Capital Focus Equity ETF 0.1 59 -39 2.2 -2.1
FPXI First Trust International Equity Opportunities ETF 0.1 70 -50 0.7 -3.6
JHML John Hancock Multifactor Large Cap ETF 0.1 29 -9 4.7 +0.5
FTXR First Trust Nasdaq Transportation ETF 0.1 60 -40 3.3 -0.9
JGLD Amplify Pure Junior Gold Miners ETF 0.1 49 -29 4.3 +0.0
URA Global X Uranium ETF 0.1 69 -49 -1.2 -5.4
AFLG First Trust Active Factor Large Cap ETF 0.1 55 -35 5.0 +0.8
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.1 70 -50 2.8 -1.4
ARKF ARK Fintech Innovation ETF 0.1 75 -55 0.2 -4.0
VV Vanguard Large-Cap Index Fund 0.0 4 16 4.5 +0.2
ISDX Invesco RAFI Strategic Developed ex-US ETF 0.0 23 -3 7.1 +2.8
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 4 16 6.2 +1.9
IDEV iShares Core MSCI International Developed Markets ETF 0.0 5 15 6.2 +2.0
GII SPDR S&P Global Infrastructure ETF 0.0 40 -20 4.0 -0.2
IGF iShares Global Infrastructure ETF 0.0 46 -26 4.0 -0.3
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.0 36 -16 7.3 +3.0
IDLB Invesco FTSE International Low Beta Equal Weight ETF 0.0 45 -25 5.8 +1.5
IZRL ARK Israel Innovative Technology ETF 0.0 49 -29 -1.2 -5.4
JEMA JPMorgan Emerging Markets Equity Core ETF 0.0 39 -19 6.5 +2.2
AVDE Avantis International Equity ETF 0.0 23 -3 6.7 +2.4
META Roundhill Ball Metaverse ETF 0.0 75 -55 2.5 -1.7
AIIQ AI Powered International Equity ETF 0.0 79 -59 2.5 -1.8
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -45 5.5 +1.2
ILCV iShares Morningstar Value ETF 0.0 4 16 6.1 +1.9
VEA Vanguard FTSE Developed Markets ETF 0.0 5 15 6.4 +2.2
EIS iShares MSCI Israel ETF 0.0 59 -39 6.0 +1.8
RING iShares MSCI Global Gold Miners ETF 0.0 39 -19 4.7 +0.4
IXUS ishares Core MSCI Total International Stock ETF 0.0 9 11 6.5 +2.2
IMFL Invesco International Developed Dynamic Multifactor ETF 0.0 34 -14 7.3 +3.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 -19 6.8 +2.6
VSGX Vanguard ESG International Stock ETF 0.0 17 3 6.2 +2.0
NORW Global X MSCI Norway ETF 0.0 50 -30 7.6 +3.4
VXUS Vanguard Total International Stock ETF 0.0 8 12 6.6 +2.4
DFAI Dimensional International Core Equity Market ETF 0.0 18 2 6.1 +1.8
SCHG Schwab U.S. Large-Cap Growth ETF 0.0 4 16 3.2 -1.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.0 49 -29 8.4 +4.2
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 0.0 24 -4 6.8 +2.6
SCZ iShares MSCI Eafe Small-Cap ETF 0.0 40 -20 4.9 +0.7
SCHX Schwab U.S. Large-Cap ETF 0.0 3 17 4.5 +0.3
SPEM SPDR Portfolio Emerging Markets ETF 0.0 11 9 7.2 +3.0
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 16 5.9 +1.7
HSCZ iShares Currency Hedged MSCI EAFE Small-Cap ETF 0.0 43 -23 5.1 +0.8
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 0 6.2 +2.0
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 0.0 7 13 6.5 +2.2
IEFA iShares Core MSCI EAFE ETF 0.0 7 13 6.3 +2.0
VONV Vanguard Russell 1000 Value Index Fund 0.0 8 12 5.9 +1.7

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
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 U.S. Small Cap 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 9.5 %
Divided by: Fwd. P/BV 2.2 x
Less: Expense ratio 20 bp
Equals: ALTAR Score 4.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

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