Defiance Next Gen H2 ETF
ALTAR
Score™		 -21.5% info Recommen-
dation		 AVOID
2024E    2025E
P/E
ratio		 -5.9x P/Sales
ratio		 1.6x
P/BV
ratio		 1.0x Div.
yield		 0.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
HDRO tracks a modified market-cap-weighted index that targets globally-listed firms in the hydrogen and fuel cell segment.

FUND BASICS
Category Global Equities
Fund Sponsor Defiance ETFs
Website www.defianceetfs.com
Inception date Mar 09, 2021
Assets (mns) $19
Currency USD
Expense ratio 30 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 20
Wgt avg mkt cap (mns) $18,101
Large cap (>$10bn) 16.5%
Mid cap ($2-10bn) 1.1%
Small cap (<$2bn) 82.5%
Developed mkts 89.8%
Emerging mkts 10.2%

TOP TEN HOLDINGS
BLOOM ENERGY CORPORATION CLASS A 19.0 %
BALLARD POWER SYSTEMS INC 9.6 %
PLUG POWER INC 9.2 %
DOOSAN FUEL CELL CO., LTD. 7.6 %
AIR PRODUCTS & CHEMICALS INC 4.9 %
THYSSENKRUPP NUCERA AG & CO KGAA 4.9 %
CERES POWER HOLDINGS PLC 4.6 %
FUELCELL ENERGY, INC. 4.1 %
LINDE PLC 4.1 %
SFC ENERGY AG 4.1 %
Total 72.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 37.2 %
BRITAIN 15.1 %
SOUTH KOREA 10.1 %
CANADA 9.6 %
NORWAY 4.7 %
GERMANY 4.1 %
FRANCE 3.9 %
SWEDEN 3.1 %
JAPAN 1.8 %
DENMARK 0.5 %

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.
-35.3% -26.6% -- -- -40.3%

Market Correlations
versus... Beta R-squared
S&P500 1.63 43%
MSCI EAFE 1.80 55%
MSCI Emg. Mkts. 1.64 45%

Technical Indicators
Recent close $34.40
30d moving avg. $35.79
Annualized volatility 43.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 40

Liquidity measures
Avg. volume (thou.) 6
Turnover 1.1%
Bid/Ask (% of price) 0.55%
ADV underlying (mns) $2,489

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 443 potential alternatives to the Defiance Next Gen H2 ETF ETF based on the alternatives' overlap in portfolio holdings with HDRO. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: HDRO Expense: 30 bp ALTAR Score™: -21.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH HDRO
Ticker Fund
Name		 Overlap1
vs HDRO
(%)		 Expense
ratio
(bp)		 Savings
vs HDRO
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs HDRO
(%)
HYDR Global X Hydrogen ETF 61.6 50 -20 -15.6 +6.0
IBAT iShares Energy Storage & Materials ETF 17.4 47 -17 3.1 +24.6
CTEC Global X CleanTech ETF 15.6 50 -20 2.9 +24.4
MXI iShares Global Materials ETF 11.4 41 -11 7.0 +28.5
IYM iShares U.S. Basic Materials ETF 9.0 40 -10 6.7 +28.2
XLB Materials Select Sector SPDR Fund 9.0 9 21 6.2 +27.7
VAW Vanguard Materials ETF 9.0 10 20 6.3 +27.8
FMAT Fidelity MSCI Materials Index ETF 8.3 8 22 6.4 +27.9
WBAT WisdomTree Battery Value Chain and Innovation Fund 8.2 45 -15 -0.6 +21.0
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 7.6 60 -30 5.2 +26.7
RSPM Invesco S&P 500 Equal Weight Materials ETF 7.4 40 -10 7.9 +29.4
PBD Invesco Global Clean Energy ETF 6.8 75 -45 -5.3 +16.2
CNRG SPDR S&P Kensho Clean Power ETF 6.3 45 -15 2.8 +24.3
PBW Invesco WilderHill Clean Energy ETF 6.1 66 -36 -13.7 +7.8
BATT Amplify Lithium & Battery Technology ETF 5.2 59 -29 -0.1 +21.4
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 5.1 55 -25 2.9 +24.4
FRNW Fidelity Clean Energy ETF 4.8 39 -9 2.6 +24.1
OSEA Harbor International Compounders ETF 4.1 55 -25 4.3 +25.8
BEEZ Honeytree U.S. Equity ETF 4.1 64 -34 4.7 +26.2
JIG JPMorgan International Growth ETF 4.1 55 -25 4.6 +26.2
YLDE ClearBridge Dividend Strategy ESG ETF 4.0 60 -30 4.9 +26.4
EWQ iShares MSCI France ETF 3.9 53 -23 6.3 +27.8
BKCI BNY Mellon Concentrated International ETF 3.7 80 -50 4.2 +25.7
SIMS SPDR S&P Kensho Intelligent Structures ETF 3.6 45 -15 -6.9 +14.6
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 3.6 58 -28 -3.0 +18.5
FDRV Fidelity Electric Vehicles and Future Transportation ETF 3.6 39 -9 -1.7 +19.8
RNEW VanEck Green Infrastructure ETF 3.4 45 -15 -1.5 +20.1
DIVZ TrueShares Low Volatility Equity Income ETF 3.3 65 -35 7.2 +28.7
FXZ First Trust Materials AlphaDEX Fund 3.2 61 -31 11.3 +32.8
NOBL ProShares S&P 500 Dividend Aristocrats ETF 3.1 35 -5 5.8 +27.3
BDIV AAM Brentview Dividend Growth ETF 2.9 49 -19 4.4 +25.9
INNO Harbor Disruptive Innovation ETF 2.9 75 -45 1.6 +23.1
BNE Blue Horizon BNE ETF 2.9 87 -57 4.6 +26.1
RSHO Tema American Reshoring ETF 2.8 75 -45 3.4 +24.9
FEZ SPDR EURO STOXX 50 ETF 2.8 29 1 6.8 +28.3
NTZG Nuveen Global Net Zero Transition ETF 2.4 56 -26 4.7 +26.3
LVOL American Century Low Volatility ETF 2.4 29 1 4.9 +26.4
DIVL Madison Dividend Value ETF 2.3 65 -35 5.5 +27.1
DRIV Global X Autonomous & Electric Vehicles ETF 2.3 68 -38 4.8 +26.3
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF 2.3 12 18 5.3 +26.8
VSDA VictoryShares Dividend Accelerator ETF 2.3 35 -5 6.7 +28.2
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 2.2 49 -19 10.4 +31.9
QQMG Invesco ESG NASDAQ 100 ETF 2.1 20 10 4.7 +26.2
BLCR iShares Large Cap Core Active ETF 2.0 36 -6 4.9 +26.4
BGIG Bahl & Gaynor Income Growth ETF 2.0 45 -15 5.0 +26.5
ACES ALPS Clean Energy ETF 2.0 55 -25 -4.4 +17.1
FSST Fidelity Sustainable U.S. Equity ETF 2.0 59 -29 2.4 +24.0
QTOP iShares Nasdaq Top 30 Stocks ETF 2.0 20 10 4.6 +26.2
CGUS Capital Group Core Equity ETF 2.0 33 -3 4.4 +25.9
FTDS First Trust Dividend Strength ETF 1.9 70 -40 8.1 +29.7
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 1.9 15 15 6.9 +28.5
EZU iShares MSCI Eurozone ETF 1.8 52 -22 6.6 +28.2
FLEU Franklin FTSE Eurozone ETF 1.8 9 21 7.3 +28.8
CGGO Capital Group Global Growth Equity ETF 1.8 47 -17 4.6 +26.1
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 1.8 60 -30 7.7 +29.2
RUNN Running Oak Efficient Growth ETF 1.8 58 -28 4.5 +26.0
STXD Strive 1000 Dividend Growth ETF 1.8 35 -5 5.2 +26.7
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 1.8 32 -2 6.0 +27.5
GSFP Goldman Sachs Future Planet Equity ETF 1.8 75 -45 4.2 +25.8
CGDV Capital Group Dividend Value ETF 1.8 33 -3 5.6 +27.1
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 1.8 45 -15 6.5 +28.1
IWX iShares Russell Top 200 Value ETF 1.7 20 10 6.0 +27.6
INCE Franklin Income Equity Focus ETF 1.7 29 1 5.7 +27.2
SDY SPDR S&P Dividend ETF 1.7 35 -5 5.9 +27.4
RGEF Rockefeller Global Equity ETF 1.7 55 -25 5.0 +26.5
PTL Inspire 500 ETF 1.6 9 21 5.6 +27.1
HEDJ WisdomTree Europe Hedged Equity Fund 1.6 58 -28 9.5 +31.0
VIG Vanguard Dividend Appreciation ETF 1.5 6 24 5.6 +27.1
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 1.5 56 -26 5.9 +27.4
QUAL iShares MSCI USA Quality Factor ETF 1.5 15 15 5.3 +26.8
BLCV iShares Large Cap Value Active ETF 1.4 53 -23 8.1 +29.7
MOAT VanEck Morningstar Wide Moat ETF 1.4 46 -16 5.6 +27.2
USXF iShares ESG Advanced MSCI USA ETF 1.4 10 20 5.0 +26.5
QQQ Invesco QQQ Trust Series I 1.4 20 10 4.5 +26.1
QQQM Invesco NASDAQ 100 ETF 1.4 15 15 4.6 +26.1
DMXF iShares ESG Advanced MSCI EAFE ETF 1.4 12 18 5.5 +27.1
GURU Global X Guru Index ETF 1.4 75 -45 1.7 +23.2
TMDV ProShares Russell US Dividend Growers ETF 1.4 35 -5 5.9 +27.4
AUSF Global X Adaptive U.S. Factor ETF 1.3 27 3 8.6 +30.1
CGIE Capital Group International Equity ETF 1.3 54 -24 4.9 +26.5
ICLN iShares Global Clean Energy ETF 1.3 41 -11 6.0 +27.5
DVND Touchstone Dividend Select ETF 1.3 67 -37 5.8 +27.3
LEAD Siren DIVCON Leaders Dividend ETF 1.3 43 -13 5.1 +26.6
ADME Aptus Drawdown Managed Equity ETF 1.3 79 -49 4.0 +25.6
RAFE PIMCO RAFI ESG U.S. ETF 1.3 29 1 7.2 +28.7
HLAL Wahed FTSE USA Shariah ETF 1.3 50 -20 4.9 +26.4
SMOG VanEck Low Carbon Energy ETF 1.3 61 -31 2.4 +23.9
EFG iShares MSCI EAFE Growth ETF 1.3 36 -6 4.5 +26.0
MOTE VanEck Morningstar ESG Moat ETF 1.3 49 -19 5.2 +26.7
JIRE JPMorgan International Research Enhanced Equity ETF 1.3 24 6 7.1 +28.6
UMMA Wahed Dow Jones Islamic World ETF 1.2 65 -35 4.6 +26.1
PFM Invesco Dividend Achievers ETF 1.2 53 -23 5.3 +26.8
PY Principal Value ETF 1.2 15 15 7.0 +28.5
JEPI JPMorgan Equity Premium Income ETF 1.2 35 -5 5.1 +26.6
RFFC ALPS Active Equity Opportunity ETF 1.2 48 -18 4.5 +26.0
SNPV Xtrackers S&P 500 Value ESG ETF 1.2 15 15 6.4 +27.9
HAIL SPDR S&P Kensho Smart Mobility ETF 1.2 45 -15 -3.0 +18.5
GVUS Marketbeta Russell 1000 Value Equity ETF 1.2 12 18 6.2 +27.7
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.2 72 -42 1.0 +22.5
RSPE Invesco ESG S&P 500 Equal Weight ETF 1.1 20 10 6.4 +27.9
IQSU IQ Candriam U.S. Large Cap Equity ETF 1.1 9 21 4.9 +26.4
IWD iShares Russell 1000 Value ETF 1.1 19 11 6.1 +27.6
VONV Vanguard Russell 1000 Value ETF 1.1 8 22 6.3 +27.8
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 1.1 10 20 5.1 +26.6
ACVF American Conservative Values ETF 1.1 75 -45 4.2 +25.7
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 1.1 25 5 5.2 +26.7
SPLV Invesco S&P 500 Low Volatility ETF 1.1 25 5 5.1 +26.6
ALTL Pacer Lunt Large Cap Alternator ETF 1.1 60 -30 4.8 +26.4
DURA VanEck Durable High Dividend ETF 1.1 29 1 7.4 +28.9
SUSL iShares ESG MSCI USA Leaders ETF 1.1 10 20 5.1 +26.7
DSI iShares MSCI KLD 400 Social ETF 1.0 25 5 5.0 +26.6
DFLV Dimensional US Large Cap Value ETF 1.0 22 8 7.4 +28.9
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.0 35 -5 4.6 +26.1
IQSI IQ Candriam International Equity ETF 1.0 15 15 6.6 +28.1
EQRR ProShares Equities for Rising Rates ETF 1.0 35 -5 7.8 +29.3
MGV Vanguard Mega Cap Value ETF 1.0 7 23 6.4 +27.9
LRGC AB US Large Cap Strategic Equities ETF 1.0 48 -18 4.6 +26.1
DFUV Dimensional US Marketwide Value ETF 1.0 22 8 7.2 +28.7
DGRO iShares Core Dividend Growth ETF 1.0 8 22 6.3 +27.9
KOCG FIS Knights of Columbus Global Belief ETF 1.0 75 -45 5.0 +26.5
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 1.0 25 5 8.6 +30.1
BBEU JPMorgan BetaBuilders Europe ETF 1.0 9 21 7.1 +28.6
IEV iShares Europe ETF 1.0 67 -37 6.6 +28.1
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 1.0 60 -30 4.0 +25.5
PEXL Pacer US Export Leaders ETF 1.0 60 -30 5.7 +27.2
JQUA JPMorgan U.S. Quality Factor ETF 1.0 12 18 5.8 +27.3
ILCV iShares Morningstar Value ETF 0.9 4 26 6.2 +27.7
FENI Fidelity Enhanced International ETF 0.9 28 2 8.1 +29.6
KNO AXS Knowledge Leaders ETF 0.9 78 -48 4.9 +26.5
THNR Amplify Weight Loss Drug & Treatment ETF 0.9 59 -29 5.2 +26.7
LRGF iShares U.S. Equity Factor ETF 0.9 8 22 5.6 +27.1
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.9 46 -16 6.5 +28.0
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.9 45 -15 4.7 +26.2
EQWL Invesco S&P 100 Equal Weight ETF 0.9 25 5 6.3 +27.8
FLEE Franklin FTSE Europe ETF 0.9 9 21 7.2 +28.7
SHE SPDR MSCI USA Gender Diversity ETF 0.9 20 10 4.9 +26.5
SPXT ProShares S&P 500 Ex-Technology ETF 0.9 9 21 5.3 +26.8
GDEF Goldman Sachs Defensive Equity ETF 0.9 55 -25 4.7 +26.2
IEUR iShares Core MSCI Europe ETF 0.8 11 19 7.1 +28.6
IQLT iShares MSCI Intl Quality Factor ETF 0.8 30 0 6.2 +27.8
SNPE Xtrackers S&P 500 ESG ETF 0.8 10 20 5.1 +26.6
FDRR Fidelity Dividend ETF for Rising Rates 0.8 15 15 7.4 +28.9
SPEU SPDR Portfolio Europe ETF 0.8 7 23 7.1 +28.6
FDLO Fidelity Low Volatility Factor ETF 0.8 15 15 5.3 +26.8
VOOV Vanguard S&P 500 Value ETF 0.8 10 20 6.3 +27.9
DFVX Dimensional US Large Cap Vector ETF 0.8 22 8 6.1 +27.6
IVE iShares S&P 500 Value ETF 0.8 18 12 6.3 +27.8
SPYV SPDR Portfolio S&P 500 Value ETF 0.8 4 26 6.4 +27.9
XMAG Defiance Large Cap ex-Mag 7 ETF 0.8 35 -5 5.1 +26.7
SNPG Xtrackers S&P 500 Growth ESG ETF 0.8 15 15 4.7 +26.2
ETHO Etho Climate Leadership U.S. ETF 0.8 47 -17 3.4 +25.0
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.8 30 0 7.3 +28.8
VUG Vanguard Growth ETF 0.8 4 26 4.0 +25.5
OALC OneAscent Large Cap Core ETF 0.8 86 -56 4.3 +25.8
ONEQ Fidelity Nasdaq Composite Index ETF 0.8 21 9 3.8 +25.3
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.8 15 15 4.9 +26.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.8 20 10 4.9 +26.4
IUSV iShares Core S&P US Value ETF 0.8 4 26 6.4 +28.0
IOO iShares Global 100 ETF 0.8 41 -11 4.8 +26.4
BTHM BlackRock Future U.S. Themes ETF 0.8 60 -30 4.2 +25.8
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.8 35 -5 6.6 +28.1
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF 0.8 35 -5 7.6 +29.1
JAVA JPMorgan Active Value ETF 0.8 44 -14 5.7 +27.3
KRUZ Unusual Whales Subversive Republican Trading ETF 0.7 75 -45 5.4 +26.9
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF 0.7 38 -8 7.6 +29.1
XLG Invesco S&P 500 Top 50 ETF 0.7 20 10 4.5 +26.0
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.7 20 10 6.5 +28.0
EFAV iShares MSCI EAFE Min Vol Factor ETF 0.7 22 8 6.6 +28.1
CZAR Themes Natural Monopoly ETF 0.7 35 -5 6.3 +27.8
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.7 15 15 4.7 +26.2
SPXN ProShares S&P 500 Ex-Financials ETF 0.7 9 21 5.1 +26.6
STXI Strive International Developed Markets ETF 0.7 29 1 6.9 +28.4
MGC Vanguard Mega Cap ETF 0.7 7 23 4.8 +26.3
THRO iShares U.S. Thematic Rotation Active ETF 0.7 90 -60 3.9 +25.4
IWL iShares Russell Top 200 ETF 0.7 15 15 4.7 +26.3
SPXV ProShares S&P 500 Ex-Health Care ETF 0.7 9 21 4.7 +26.2
GSID Goldman Sachs MarketBeta International Equity ETF 0.7 20 10 7.0 +28.5
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.7 36 -6 6.6 +28.1
EFA iShares MSCI EAFE ETF 0.7 35 -5 6.9 +28.4
STXG Strive 1000 Growth ETF 0.7 18 12 4.1 +25.6
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.7 7 23 5.0 +26.5
FJP First Trust Japan AlphaDEX Fund 0.6 80 -50 10.3 +31.8
XVV iShares ESG Screened S&P 500 ETF 0.6 8 22 4.9 +26.4
OEF iShares S&P 100 ETF 0.6 20 10 4.8 +26.3
ESGV Vanguard ESG U.S. Stock ETF 0.6 9 21 4.8 +26.3
VCLN Virtus Duff & Phelps Clean Energy ETF 0.6 59 -29 3.9 +25.4
SPXE ProShares S&P 500 Ex-Energy ETF 0.6 9 21 4.9 +26.4
HFXI IQ FTSE International Equity Currency Neutral ETF 0.6 20 10 7.1 +28.6
ETEC iShares Breakthrough Environmental Solutions ETF 0.6 47 -17 8.0 +29.5
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.6 29 1 4.3 +25.8
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.6 7 23 4.9 +26.4
BKIE BNY Mellon International Equity ETF 0.6 4 26 7.1 +28.6
KOKU Xtrackers MSCI Kokusai Equity ETF 0.6 9 21 5.2 +26.7
EVUS iShares ESG Aware MSCI USA Value ETF 0.6 18 12 6.4 +27.9
CATH Global X S&P 500 Catholic Values Custom ETF 0.6 29 1 4.9 +26.4
BKLC BNY Mellon US Large Cap Core Equity ETF 0.6 0 30 5.0 +26.5
UIVM VictoryShares International Value Momentum ETF 0.6 35 -5 11.0 +32.5
KLMT Invesco MSCI Global Climate 500 ETF 0.6 10 20 5.4 +27.0
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.6 8 22 5.0 +26.5
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.6 20 10 4.8 +26.3
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.6 30 0 4.7 +26.3
DGT SPDR Global Dow ETF 0.6 50 -20 6.8 +28.3
TOK iShares MSCI Kokusai ETF 0.6 26 4 5.0 +26.6
IEFA iShares Core MSCI EAFE ETF 0.6 7 23 7.1 +28.7
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.6 2 28 5.0 +26.5
VOTE TCW Transform 500 ETF 0.6 5 25 4.9 +26.4
FVAL Fidelity Value Factor ETF 0.6 15 15 7.1 +28.6
IVV iShares Core S&P 500 ETF 0.6 3 27 5.0 +26.5
VOO Vanguard S&P 500 ETF 0.6 3 27 5.0 +26.5
SPLG SPDR Portfolio S&P 500 ETF 0.6 2 28 5.0 +26.6
SPY SPDR S&P 500 ETF Trust 0.6 9 21 5.0 +26.5
VV Vanguard Large-Cap ETF 0.6 4 26 4.9 +26.4
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.6 5 25 7.3 +28.8
FDMO Fidelity Momentum Factor ETF 0.6 15 15 4.0 +25.5
FQAL Fidelity Quality Factor ETF 0.6 15 15 5.8 +27.4
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.6 25 5 7.2 +28.7
IQIN IQ 500 International ETF 0.6 25 5 9.2 +30.7
URTH iShares MSCI World ETF 0.6 24 6 5.2 +26.7
STRV Strive 500 ETF 0.6 5 25 4.9 +26.4
PBUS Invesco MSCI USA ETF 0.6 4 26 5.0 +26.5
TRFM AAM Transformers ETF 0.6 49 -19 2.0 +23.5
ILCB iShares Morningstar U.S. Equity ETF 0.6 3 27 4.9 +26.5
MGK Vanguard Mega Cap Growth ETF 0.6 7 23 4.3 +25.8
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.6 11 19 4.9 +26.4
SCHF Schwab International Equity ETF 0.5 6 24 7.5 +29.0
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.5 52 -22 5.1 +26.6
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.5 58 -28 5.0 +26.6
TPIF Timothy Plan International ETF 0.5 62 -32 6.8 +28.3
DXJ WisdomTree Japan Hedged Equity Fund 0.5 48 -18 8.5 +30.0
IUS Invesco RAFI Strategic US ETF 0.5 19 11 6.8 +28.3
VONE Vanguard Russell 1000 ETF 0.5 8 22 4.9 +26.4
IWB iShares Russell 1000 ETF 0.5 15 15 4.8 +26.4
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.5 3 27 5.1 +26.6
IYY iShares Dow Jones U.S. ETF 0.5 20 10 4.8 +26.3
JHMD John Hancock Multifactor Developed International ETF 0.5 39 -9 7.8 +29.3
IDEV iShares Core MSCI International Developed Markets ETF 0.5 4 26 7.1 +28.6
VTI Vanguard Total Stock Market ETF 0.5 3 27 4.7 +26.3
DFUS Dimensional U.S. Equity ETF 0.5 9 21 4.9 +26.4
VTHR Vanguard Russell 3000 ETF 0.5 10 20 4.7 +26.3
IWV iShares Russell 3000 ETF 0.5 20 10 4.7 +26.2
QQQS Invesco NASDAQ Future Gen 200 ETF 0.5 20 10 -10.7 +10.8
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.5 3 27 4.8 +26.3
NIXT Research Affiliates Deletions ETF 0.5 9 21 5.2 +26.8
ACWI iShares MSCI ACWI ETF 0.5 32 -2 5.3 +26.8
RVRB Reverb ETF 0.5 30 0 4.7 +26.2
EQAL Invesco Russell 1000 Equal Weight ETF 0.5 20 10 6.3 +27.8
FELV Fidelity Enhanced Large Cap Value ETF 0.5 18 12 6.4 +27.9
DOL WisdomTree International LargeCap Dividend Fund 0.5 48 -18 7.9 +29.4
CWI SPDR MSCI ACWI ex-US ETF 0.5 30 0 6.9 +28.5
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 -40 3.8 +25.3
IDLV Invesco S&P International Developed Low Volatility ETF 0.5 25 5 6.2 +27.8
QVML Invesco S&P 500 QVM Multi-factor ETF 0.5 11 19 4.8 +26.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.5 25 5 7.2 +28.7
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.5 79 -49 4.6 +26.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.5 3 27 7.2 +28.7
DFAU Dimensional US Core Equity Market ETF 0.5 12 18 5.0 +26.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.4 9 21 5.4 +26.9
FVD First Trust Value Line Dividend Index Fund 0.4 65 -35 6.3 +27.8
PRF Invesco FTSE RAFI US 1000 ETF 0.4 39 -9 6.8 +28.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.4 25 5 5.2 +26.8
MADE iShares U.S. Manufacturing ETF 0.4 40 -10 5.5 +27.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.4 18 12 7.0 +28.5
CFA VictoryShares US 500 Volatility Wtd ETF 0.4 35 -5 5.6 +27.1
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.4 40 -10 5.6 +27.1
JHML John Hancock Multifactor Large Cap ETF 0.4 29 1 5.3 +26.8
DIM WisdomTree International MidCap Dividend Fund 0.4 58 -28 7.7 +29.2
DFAI Dimensional International Core Equity Market ETF 0.4 18 12 7.3 +28.8
APUE ActivePassive U.S. Equity ETF 0.4 45 -15 4.8 +26.3
CLNR IQ Cleaner Transport ETF 0.4 45 -15 6.8 +28.3
AVDE Avantis International Equity ETF 0.4 23 7 8.1 +29.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.4 41 -11 7.4 +28.9
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.4 40 -10 7.9 +29.4
FMIL Fidelity New Millennium ETF 0.4 59 -29 4.8 +26.3
DCOR Dimensional US Core Equity 1 ETF 0.4 14 16 5.3 +26.8
ACWX iShares MSCI ACWI ex U.S. ETF 0.4 34 -4 7.0 +28.5
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 17 13 5.3 +26.8
DGRW WisdomTree US Quality Dividend Growth Fund 0.4 28 2 6.0 +27.5
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.4 25 5 5.6 +27.1
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 0.4 80 -50 5.6 +27.1
DWM WisdomTree International Equity Fund 0.4 48 -18 8.0 +29.5
FNDF Schwab Fundamental International Large Co. Index ETF 0.4 25 5 9.9 +31.4
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.4 9 21 5.8 +27.3
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 10 6.1 +27.6
ESGD iShares ESG Aware MSCI EAFE ETF 0.4 20 10 6.9 +28.5
IVW iShares S&P 500 Growth ETF 0.4 18 12 4.5 +26.0
VOOG Vanguard S&P 500 Growth ETF 0.4 10 20 4.6 +26.1
SPYG SPDR Portfolio S&P 500 Growth ETF 0.4 4 26 4.6 +26.2
EWJV iShares MSCI Japan Value ETF 0.4 15 15 10.2 +31.7
VYM Vanguard High Dividend Yield Index ETF 0.4 6 24 6.8 +28.3
JPXN iShares JPX-Nikkei 400 ETF 0.4 48 -18 8.7 +30.2
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.4 24 6 8.7 +30.2
VT Vanguard Total World Stock ETF 0.4 7 23 5.5 +27.0
DIHP Dimensional International High Profitability ETF 0.4 29 1 7.6 +29.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.4 39 -9 7.5 +29.1
IMFL Invesco International Developed Dynamic Multifactor ETF 0.4 34 -4 5.9 +27.4
KOMP SPDR S&P Kensho New Economies Composite ETF 0.4 20 10 1.0 +22.5
IUSG iShares Core S&P U.S. Growth ETF 0.4 4 26 4.7 +26.2
AVUS Avantis U.S. Equity ETF 0.4 15 15 5.6 +27.1
CIL VictoryShares International Volatility Wtd ETF 0.4 45 -15 7.0 +28.5
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 0.4 51 -21 7.1 +28.6
IXUS iShares Core MSCI Total International Stock ETF 0.4 7 23 7.2 +28.7
SFY SoFi Select 500 ETF 0.4 0 30 4.5 +26.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.4 45 -15 8.9 +30.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.4 39 -9 7.4 +29.0
ESGU iShares ESG Aware MSCI USA ETF 0.3 15 15 5.0 +26.6
ERTH Invesco MSCI Sustainable Future ETF 0.3 62 -32 3.6 +25.1
VTWV Vanguard Russell 2000 Value ETF 0.3 15 15 4.9 +26.4
EUSA iShares MSCI USA Equal Weighted ETF 0.3 9 21 5.7 +27.2
ENOR iShares MSCI Norway ETF 0.3 53 -23 7.5 +29.1
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF 0.3 50 -20 7.6 +29.1
NORW Global X MSCI Norway ETF 0.3 50 -20 7.6 +29.1
VLU SPDR S&P 1500 Value Tilt ETF 0.3 12 18 6.7 +28.2
SIZE iShares MSCI USA Size Factor ETF 0.3 15 15 5.6 +27.1
BBJP JPMorgan BetaBuilders Japan ETF 0.3 19 11 7.8 +29.4
DBJP Xtrackers MSCI Japan Hedged Equity ETF 0.3 47 -17 7.4 +28.9
EWJ iShares MSCI Japan ETF 0.3 50 -20 8.0 +29.5
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.3 45 -15 5.7 +27.2
VTV Vanguard Value ETF 0.3 4 26 6.6 +28.1
OPTZ Optimize Strategy Index ETF 0.3 50 -20 2.9 +24.4
WOMN Impact Shares YWCA Women's Empowerment ETF 0.3 75 -45 4.7 +26.2
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.3 29 1 8.6 +30.1
VTWO Vanguard Russell 2000 ETF 0.3 10 20 2.9 +24.4
JPIN J.P. Morgan Diversified Return International Equity ETF 0.3 37 -7 8.9 +30.4
SCHV Schwab U.S. Large-Cap Value ETF 0.3 4 26 6.4 +28.0
IWO iShares Russell 2000 Growth ETF 0.3 24 6 0.6 +22.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.3 18 12 7.2 +28.7
VTWG Vanguard Russell 2000 Growth ETF 0.3 15 15 0.7 +22.2
CCSO Carbon Collective Climate Solutions US Equity ETF 0.3 35 -5 1.9 +23.4
QINT American Century Quality Diversified International ETF 0.3 39 -9 7.7 +29.2
FLJH Franklin FTSE Japan Hedged ETF 0.3 9 21 7.7 +29.2
FLJP Franklin FTSE Japan ETF 0.3 9 21 7.8 +29.3
BKSE BNY Mellon US Small Cap Core Equity ETF 0.3 4 26 4.8 +26.3
BFOR ALPS Barron's 400 ETF 0.3 65 -35 5.6 +27.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.3 9 21 5.4 +26.9
RWL Invesco S&P 500 Revenue ETF 0.2 39 -9 6.7 +28.2
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.2 12 18 5.9 +27.4
DFIC Dimensional International Core Equity 2 ETF 0.2 23 7 7.7 +29.3
RODE Hartford Multifactor Diversified International ETF 0.2 29 1 11.8 +33.3
VGK Vanguard FTSE Europe ETF 0.2 11 19 7.1 +28.6
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 0 5.9 +27.5
VBK Vanguard Small-Cap Growth ETF 0.2 7 23 1.1 +22.6
ISCG iShares Morningstar Small-Cap Growth ETF 0.2 6 24 2.3 +23.8
STXK Strive Small-Cap ETF 0.2 18 12 5.0 +26.5
DFIV Dimensional International Value ETF 0.2 27 3 10.0 +31.5
RSSL Global X Russell 2000 ETF 0.2 8 22 2.6 +24.1
IWM iShares Russell 2000 ETF 0.2 19 11 2.8 +24.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.2 12 18 4.5 +26.0
VEA Vanguard FTSE Developed Markets ETF 0.2 5 25 7.3 +28.8
QUS SPDR MSCI USA StrategicFactors ETF 0.2 15 15 5.7 +27.3
NANC Unusual Whales Subversive Democratic Trading ETF 0.2 75 -45 3.9 +25.4
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.2 80 -50 9.1 +30.6
DLN WisdomTree U.S. LargeCap Dividend Fund 0.2 28 2 5.7 +27.3
QLV FlexShares US Quality Low Volatility Index Fund 0.2 22 8 3.8 +25.3
VFMO Vanguard U.S. Momentum Factor ETF 0.2 13 17 2.1 +23.6
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 -12 5.1 +26.6
STXV Strive 1000 Value ETF 0.2 18 12 7.5 +29.1
GSPY Gotham Enhanced 500 ETF 0.2 50 -20 5.2 +26.8
DIVB iShares Core Dividend ETF 0.2 5 25 7.5 +29.0
GLOF iShares Global Equity Factor ETF 0.2 20 10 7.0 +28.5
FEX First Trust Large Cap Core AlphaDEX Fund 0.2 59 -29 5.6 +27.1
FTA First Trust Large Cap Value AlphaDEX Fund 0.2 59 -29 8.2 +29.7
NUSC Nuveen ESG Small-Cap ETF 0.2 31 -1 5.0 +26.5
DEUS Xtrackers Russell US Multifactor ETF 0.2 17 13 6.9 +28.4
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 18 4.5 +26.0
IPAC iShares Core MSCI Pacific ETF 0.2 9 21 7.2 +28.8
DTD WisdomTree U.S. Total Dividend Fund 0.2 28 2 6.0 +27.5
GCOW Pacer Global Cash Cows Dividend ETF 0.2 60 -30 12.5 +34.0
USMV iShares MSCI USA Min Vol Factor ETF 0.2 15 15 5.6 +27.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.2 30 0 8.0 +29.5
AVIV Avantis International Large Cap Value ETF 0.2 25 5 9.0 +30.5
VIS Vanguard Industrials ETF 0.2 10 20 4.2 +25.7
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 -9 4.1 +25.6
VPL Vanguard FTSE Pacific ETF 0.2 8 22 7.7 +29.2
ILCG iShares Morningstar Growth ETF 0.2 4 26 3.9 +25.4
ISMD Inspire Small/Mid Cap ETF 0.2 54 -24 5.3 +26.8
PATN Pacer Nasdaq International Patent Leaders ETF 0.1 65 -35 6.5 +28.0
VXUS Vanguard Total International Stock ETF 0.1 7 23 7.2 +28.7
INTF iShares International Equity Factor ETF 0.1 15 15 8.2 +29.7
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 8 22 7.3 +28.8
FFLC Fidelity Fundamental Large Cap Core ETF 0.1 38 -8 4.8 +26.3
VIGI Vanguard International Dividend Appreciation ETF 0.1 15 15 6.4 +27.9
SCHX Schwab U.S. Large-Cap ETF 0.1 3 27 5.0 +26.5
SCHB Schwab U.S. Broad Market ETF 0.1 3 27 4.9 +26.4
DIVI Franklin International Core Dividend Tilt Index ETF 0.1 9 21 8.1 +29.6
SCHK Schwab 1000 Index ETF 0.1 5 25 5.0 +26.5
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 5 6.8 +28.3
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.1 17 13 4.7 +26.2
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 10 6.8 +28.3
ISCB iShares Morningstar Small-Cap ETF 0.1 4 26 4.8 +26.3
IWN iShares Russell 2000 Value ETF 0.1 24 6 4.8 +26.3
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 5 6.8 +28.3
VXF Vanguard Extended Market ETF 0.1 6 24 3.5 +25.0
IVLU iShares MSCI Intl Value Factor ETF 0.1 30 0 11.4 +33.0
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 5 4.7 +26.2
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 16 5.0 +26.5
SCHA Schwab U.S. Small-Cap ETF 0.1 4 26 4.4 +26.0
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.1 18 12 5.6 +27.2
GWX SPDR S&P International Small Cap ETF 0.1 40 -10 6.5 +28.0
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.1 9 21 3.3 +24.9
SSPY Syntax Stratified LargeCap ETF 0.1 30 0 6.3 +27.8
ROUS Hartford Multifactor US Equity ETF 0.1 19 11 6.5 +28.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 10 5.2 +26.7
FIDU Fidelity MSCI Industrial Index ETF 0.1 8 22 4.5 +26.0
SUSA iShares MSCI USA ESG Select ETF 0.1 25 5 5.0 +26.6
VB Vanguard Small-Cap ETF 0.1 5 25 4.9 +26.5
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 67 -37 8.6 +30.1
EPS WisdomTree U.S. LargeCap Fund 0.1 8 22 5.9 +27.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -45 4.3 +25.8
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.1 14 16 6.2 +27.7
EFV iShares MSCI EAFE Value ETF 0.1 34 -4 9.4 +31.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.1 7 23 5.3 +26.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 18 4.8 +26.3
IDMO Invesco S&P International Developed Momentum ETF 0.1 25 5 5.9 +27.4
IEUS iShares MSCI Europe Small-Cap ETF 0.1 42 -12 6.4 +27.9
VSGX Vanguard ESG International Stock ETF 0.1 12 18 6.8 +28.3
VYMI Vanguard International High Dividend Yield ETF 0.1 22 8 9.8 +31.3
IMTM iShares MSCI Intl Momentum Factor ETF 0.1 30 0 6.3 +27.8
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 6 6.5 +28.0
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -29 2.8 +24.3
SCHC Schwab International Small-Cap Equity ETF 0.0 11 19 6.6 +28.1
EWUS iShares MSCI United Kingdom Small Cap ETF 0.0 59 -29 5.8 +27.3
INRO iShares U.S. Industry Rotation Active ETF 0.0 42 -12 4.5 +26.0
IGRO iShares International Dividend Growth ETF 0.0 15 15 7.5 +29.1
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.0 70 -40 7.7 +29.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.0 39 -9 7.2 +28.7
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 -10 6.6 +28.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 7 23 6.7 +28.2
ISCV iShares Morningstar Small Cap Value ETF 0.0 6 24 7.2 +28.7
HKND Humankind US Stock ETF 0.0 11 19 7.1 +28.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.0 49 -19 7.0 +28.5
BKEM BNY Mellon Emerging Markets Equity ETF 0.0 11 19 8.4 +29.9
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.0 15 15 10.2 +31.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.0 36 -6 7.8 +29.3
DFIS Dimensional International Small Cap ETF 0.0 39 -9 6.9 +28.4
TDVG T. Rowe Price Dividend Growth ETF 0.0 50 -20 4.8 +26.3
VEGN US Vegan Climate ETF 0.0 60 -30 4.5 +26.0
IEMG iShares Core MSCI Emerging Markets ETF 0.0 9 21 7.5 +29.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 -11 7.4 +28.9
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 -5 7.3 +28.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.0 38 -8 7.8 +29.3
AVSD Avantis Responsible International Equity ETF 0.0 23 7 7.1 +28.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 -29 11.3 +32.8
FELC Fidelity Enhanced Large Cap Core ETF 0.0 18 12 5.3 +26.8

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%.

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

Content on this tab for subscribers only

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:		 Defiance Next Gen H2 ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

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

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity -22.3 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 30 bp
Equals: ALTAR Score -21.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.62 CATEGORY
AVERAGE		 1.53
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.