Renaissance IPO ETF
ALTAR
Score™		 -3.2% info Recommen-
dation		 AVOID
2024E    2025E
P/E
ratio		 135.3x P/Sales
ratio		 3.1x
P/BV
ratio		 4.5x Div.
yield		 0.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Renaissance IPO ETF is an exchange-traded fund incorporated in the USA. The ETF provides investors with efficient exposure to a portfolio of newly public companies prior to their inclusion in core U.S. equity portfolios. The ETF tracks the rules-based Renaissance IPO Index designed by leading IPO research firm Renaissance Capital.

FUND BASICS
Category US Equities
Fund Sponsor Renaissance Capital LLC
Website www.renaissancecapital.com
Inception date Oct 16, 2013
Assets (mns) $175
Currency USD
Expense ratio 60 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 54
Wgt avg mkt cap (mns) $20,917
Large cap (>$10bn) 72.6%
Mid cap ($2-10bn) 25.1%
Small cap (<$2bn) 2.4%
Developed mkts 90.3%
Emerging mkts 9.7%

TOP TEN HOLDINGS
COINBASE GLOBAL, INC. CLASS A 10.3 %
KENVUE, INC. 7.9 %
NU HOLDINGS LTD. CLASS A 7.8 %
COUPANG, INC. CLASS A 6.1 %
ROBLOX CORP. CLASS A 5.7 %
APPLOVIN CORP. CLASS A 3.9 %
ROBINHOOD MARKETS, INC. CLASS A 3.3 %
UIPATH INC CLASS A 2.7 %
AFFIRM HOLDINGS, INC. CLASS A 2.5 %
CORE & MAIN, INC. CLASS A 2.4 %
Total 52.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 60.3 %
CAYMAN ISLANDS 7.8 %
SOUTH KOREA 6.1 %
ISRAEL 2.6 %
SWITZERLAND 2.2 %
CHINA 1.6 %
URUGUAY 0.5 %




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.
4.1% 34.1% 5.3% 6.3% 7.0%

Market Correlations
versus... Beta R-squared
S&P500 1.24 47%
MSCI EAFE 1.09 34%
MSCI Emg. Mkts. 1.10 36%

Technical Indicators
Recent close $37.46
30d moving avg. $33.57
Annualized volatility 32.3%
Short interest (ETF) 4.6%
Short interest (Underlying) 6.1%
Relative strength (RSI) 71

Liquidity measures
Avg. volume (thou.) 55
Turnover 1.2%
Bid/Ask (% of price) 0.11%
ADV underlying (mns) $7,167

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 619 potential alternatives to the Renaissance IPO ETF ETF based on the alternatives' overlap in portfolio holdings with IPO. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IPO Expense: 60 bp ALTAR Score™: -3.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IPO
Ticker Fund
Name		 Overlap1
vs IPO
(%)		 Expense
ratio
(bp)		 Savings
vs IPO
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs IPO
(%)
ARKF ARK Fintech Innovation ETF 22.1 75 -15 -2.2 +1.0
ARKW ARK Next Generation Internet ETF 20.6 87 -27 -2.9 +0.3
ARKK ARK Innovation ETF 19.4 75 -15 -4.9 -1.7
BWEB Bitwise Web3 ETF 16.4 85 -25 0.9 +4.1
FPX First Trust US Equity Opportunities ETF 13.8 61 -1 0.6 +3.8
BLOK Amplify Transformational Data Sharing ETF 13.6 75 -15 1.1 +4.4
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 13.6 86 -26 1.9 +5.2
STCE Schwab Crypto Thematic ETF 13.0 30 30 -8.0 -4.8
BKCH Global X Blockchain ETF 12.4 50 10 -5.2 -2.0
BITQ Bitwise Crypto Industry Innovators ETF 11.8 85 -25 -4.7 -1.5
FDIG Fidelity Crypto Industry and Digital Payments ETF 11.6 39 21 -1.3 +1.9
GFOF Grayscale Future of Finance ETF 10.9 70 -10 -4.0 -0.7
IBLC iShares Blockchain and Tech ETF 10.8 47 13 -1.0 +2.3
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 10.4 85 -25 -0.9 +2.4
XITK SPDR FactSet Innovative Technology ETF 9.7 45 15 2.7 +5.9
NERD Roundhill Video Games ETF 9.5 50 10 8.0 +11.2
HERO Global X Video Games & Esports ETF 9.4 50 10 5.1 +8.3
LOUP Innovator Deepwater Frontier Tech ETF 9.2 70 -10 2.3 +5.5
ESPO VanEck Video Gaming and eSports ETF 9.2 56 4 4.5 +7.7
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 9.1 75 -15 5.4 +8.6
BUZZ VanEck Social Sentiment ETF 8.3 75 -15 -0.7 +2.5
DAPP VanEck Digital Transformation ETF 8.1 50 10 -8.5 -5.3
WCLD WisdomTree Cloud Computing Fund 8.1 45 15 1.5 +4.7
FINX Global X FinTech ETF 7.9 68 -8 3.2 +6.4
SFYF SoFi Social 50 ETF 7.8 29 31 -2.6 +0.6
MVPS Amplify Thematic All-Stars ETF 7.6 49 11 1.7 +4.9
OGIG ALPS O'Shares Global Internet Giants ETF 7.5 48 12 0.5 +3.7
FPXI First Trust International Equity Opportunities ETF 7.3 70 -10 3.6 +6.9
TIME Clockwise Core Equity & Innovation ETF 7.0 95 -35 2.0 +5.2
TRFM AAM Transformers ETF 6.8 49 11 1.3 +4.5
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 6.7 68 -8 5.3 +8.5
MOON Direxion Moonshot Innovators ETF 6.5 65 -5 0.0 +3.2
AOTG AOT Growth and Innovation ETF 6.4 75 -15 3.0 +6.3
METV Roundhill Ball Metaverse ETF 6.4 59 1 3.4 +6.6
JSML Janus Henderson Small Cap Growth Alpha ETF 6.2 30 30 9.3 +12.5
ONLN ProShares Online Retail ETF 6.1 58 2 3.1 +6.3
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 6.1 86 -26 1.9 +5.2
PFI Invesco Dorsey Wright Financial Momentum ETF 5.9 60 0 6.2 +9.5
IBUY Amplify Online Retail ETF 5.7 65 -5 1.8 +5.0
LRNZ TrueShares Technology, AI & Deep Learning ETF 5.7 69 -9 -1.2 +2.0
ILF iShares Latin America 40 ETF 5.5 48 12 10.3 +13.5
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF 5.4 40 20 5.5 +8.8
FXL First Trust Technology AlphaDEX Fund 5.4 61 -1 4.1 +7.3
FNY First Trust Mid Cap Growth AlphaDEX Fund 5.4 70 -10 1.8 +5.0
GURU Global X Guru Index ETF 5.3 75 -15 2.5 +5.8
ACES ALPS Clean Energy ETF 5.3 55 5 -5.0 -1.8
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 5.3 58 2 -0.3 +2.9
GTEK Goldman Sachs Future Tech Leaders Equity ETF 5.3 75 -15 3.2 +6.4
XSW SPDR S&P Software & Services ETF 5.1 35 25 2.9 +6.1
IWFH iShares Virtual Work and Life Multisector ETF 5.1 47 13 -3.5 -0.3
WTAI WisdomTree Artificial Intelligence and Innovation Fund 5.0 45 15 1.4 +4.6
SKYY First Trust Cloud Computing ETF 4.9 60 0 3.5 +6.7
IVRS iShares Future Metaverse Tech and Communications ETF 4.3 47 13 -5.3 -2.1
FCLD Fidelity Cloud Computing ETF 4.2 39 21 2.4 +5.6
OND ProShares On-Demand ETF 4.1 58 2 -2.5 +0.8
SPRX Spear Alpha ETF 4.1 75 -15 -0.5 +2.7
PNQI Invesco NASDAQ Internet ETF 4.1 60 0 2.6 +5.8
VBK Vanguard Small-Cap Growth ETF 4.0 7 53 1.5 +4.7
EMFQ Amplify Emerging Markets FinTech ETF 4.0 69 -9 5.4 +8.6
NBDS Neuberger Berman Disrupters ETF 4.0 55 5 1.9 +5.2
SATO Invesco Alerian Galaxy Crypto Economy ETF 4.0 61 -1 -13.0 -9.8
ODDS Pacer BlueStar Digital Entertainment ETF 3.9 60 0 3.0 +6.2
PTF Invesco Dorsey Wright Technology Momentum ETF 3.9 60 0 0.6 +3.8
KOMP SPDR S&P Kensho New Economies Composite ETF 3.8 20 40 2.1 +5.3
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 3.8 95 -35 1.7 +4.9
PBW Invesco WilderHill Clean Energy ETF 3.7 66 -6 -19.8 -16.6
FPXE First Trust IPOX Europe Equity Opportunities ETF 3.7 70 -10 4.6 +7.8
FFND Future Fund Active ETF 3.5 100 -40 0.3 +3.5
DINT Davis Select International ETF 3.5 55 5 4.7 +7.9
VERS ProShares Metaverse ETF 3.5 58 2 -8.3 -5.1
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF 3.4 60 0 0.9 +4.2
FDNI First Trust Dow Jones International Internet ETF 3.3 65 -5 2.8 +6.0
UPGD Invesco Bloomberg Analyst Rating Improvers ETF 3.3 40 20 6.0 +9.2
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 3.2 75 -15 5.2 +8.4
ERTH Invesco MSCI Sustainable Future ETF 3.2 62 -2 3.7 +6.9
FLN First Trust Latin America AlphaDEX Fund 3.1 80 -20 11.1 +14.3
KCE SPDR S&P Capital Markets ETF 3.1 35 25 7.2 +10.4
ISCG iShares Morningstar Small-Cap Growth ETF 3.1 6 54 2.5 +5.7
VCLN Virtus Duff & Phelps Clean Energy ETF 3.0 59 1 3.5 +6.7
CTEC Global X CleanTech ETF 3.0 50 10 1.0 +4.2
SIMS SPDR S&P Kensho Intelligent Structures ETF 3.0 45 15 -3.3 -0.1
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 3.0 49 11 4.8 +8.0
LCLG Logan Capital Broad Innovative Growth ETF 2.9 99 -39 4.9 +8.1
SSPX Janus Henderson U.S. Sustainable Equity ETF 2.9 55 5 4.0 +7.2
RNEW VanEck Green Infrastructure ETF 2.9 45 15 -0.4 +2.8
FXO First Trust Financials AlphaDEX Fund 2.9 62 -2 9.2 +12.5
BPAY BlackRock Future Financial and Technology ETF 2.8 70 -10 8.3 +11.5
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 2.8 61 -1 -4.0 -0.8
ARVR First Trust Indxx Metaverse ETF 2.8 70 -10 2.5 +5.7
FRNW Fidelity Clean Energy ETF 2.8 39 21 3.7 +6.9
TAN Invesco Solar ETF 2.8 67 -7 6.2 +9.4
ICLN iShares Global Clean Energy ETF 2.8 41 19 4.3 +7.5
CNRG SPDR S&P Kensho Clean Power ETF 2.8 45 15 -7.5 -4.3
RAYS Global X Solar ETF 2.8 51 9 4.7 +7.9
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 2.8 30 30 7.6 +10.8
SFYX SoFi Next 500 ETF 2.7 0 60 5.6 +8.8
IWP iShares Russell Mid-Cap Growth ETF 2.7 23 37 3.8 +7.1
COWZ Pacer US Cash Cows 100 ETF 2.7 49 11 11.0 +14.2
SMLF iShares U.S. SmallCap Equity Factor ETF 2.7 15 45 5.8 +9.0
INNO Harbor Disruptive Innovation ETF 2.7 75 -15 -3.5 -0.3
BOTZ Global X Robotics & Artificial Intelligence ETF 2.7 69 -9 2.3 +5.6
XDAT Franklin Exponential Data ETF 2.7 50 10 2.9 +6.1
ARKQ ARK Autonomous Technology & Robotics ETF 2.7 75 -15 1.6 +4.8
ARKX ARK Space Exploration & Innovation ETF 2.7 75 -15 1.7 +4.9
MAKX ProShares S&P Kensho Smart Factories ETF 2.7 58 2 0.4 +3.6
WISE Themes Generative Artificial Intelligence ETF 2.7 35 25 2.1 +5.4
ISRA VanEck Israel ETF 2.6 59 1 8.9 +12.1
ITEQ BlueStar Israel Technology ETF BlueStar Israel Technology Fu 2.6 75 -15 1.6 +4.8
TTAC FCF US Quality ETF 2.6 59 1 6.5 +9.8
EIS iShares MSCI Israel ETF 2.6 58 2 9.5 +12.7
RSPS Invesco S&P 500 Equal Weight Consumer Staples ETF 2.6 40 20 6.8 +10.1
CLOU Global X Cloud Computing ETF 2.6 68 -8 2.1 +5.3
BRAZ Global X Brazil Active ETF 2.6 75 -15 10.3 +13.5
LSAF LeaderShares AlphaFactor US Core Equity ETF 2.6 75 -15 6.7 +9.9
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 2.4 9 51 4.0 +7.2
PHO Invesco Water Resources ETF 2.4 60 0 4.3 +7.5
FIW First Trust Water ETF 2.4 53 7 4.5 +7.7
IWTR iShares MSCI Water Management Multisector ETF 2.4 47 13 4.8 +8.1
AQWA Global X Clean Water ETF 2.4 50 10 4.3 +7.5
EBLU Ecofin Global Water ESG Fund 2.4 40 20 3.9 +7.1
CGW Invesco S&P Global Water Index ETF 2.4 57 3 3.8 +7.0
FNX First Trust Mid Cap Core AlphaDEX Fund 2.3 60 0 6.0 +9.3
BKMC BNY Mellon US Mid Cap Core Equity ETF 2.3 4 56 6.1 +9.4
PDP Invesco Dorsey Wright Momentum ETF 2.3 62 -2 3.7 +6.9
VXF Vanguard Extended Market ETF 2.2 6 54 3.9 +7.2
IDRV iShares Self-driving EV & Tech ETF 2.2 47 13 -0.5 +2.7
CBSE Clough Select Equity ETF 2.2 85 -25 -2.3 +0.9
PBD Invesco Global Clean Energy ETF 2.2 75 -15 -3.9 -0.7
TMFX Motley Fool Next Index ETF 2.2 50 10 3.4 +6.6
FMET Fidelity Metaverse ETF 2.2 39 21 4.4 +7.6
IVES Wedbush ETFMG Global Cloud Technology ETF 2.2 68 -8 1.4 +4.6
EATV VegTech Plant-based Innovation & Climate ETF 2.2 75 -15 1.0 +4.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 2.1 64 -4 2.1 +5.3
GINN Goldman Sachs Innovate Equity ETF 2.1 52 8 2.7 +5.9
JHSC John Hancock Multifactor Small Cap ETF 2.0 42 18 6.2 +9.4
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.0 39 21 4.9 +8.1
PEZ Invesco Dorsey Wright Consumer Cyclicals Momentum ETF 2.0 60 0 6.7 +9.9
XMMO Invesco S&P MidCap Momentum ETF 2.0 34 26 5.1 +8.3
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 2.0 7 53 5.8 +9.0
CGXU Capital Group International Focus Equity ETF 2.0 54 6 4.1 +7.4
FDMO Fidelity Momentum Factor ETF 2.0 15 45 3.7 +6.9
BUYZ Franklin Disruptive Commerce ETF 1.9 50 10 2.1 +5.3
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.9 39 21 -3.5 -0.3
LRGF iShares U.S. Equity Factor ETF 1.9 8 52 5.8 +9.0
NUMV Nuveen ESG Mid-Cap Value ETF 1.9 31 29 7.4 +10.6
IWO iShares Russell 2000 Growth ETF 1.9 24 36 1.4 +4.7
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.9 72 -12 2.2 +5.4
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.9 15 45 4.7 +8.0
JOET Virtus Terranova US Quality Momentum ETF 1.9 29 31 5.2 +8.4
JFWD Jacob Forward ETF 1.9 75 -15 0.0 +3.2
ISHP First Trust Nasdaq Retail ETF 1.9 60 0 3.2 +6.4
PTEC Global X PropTech ETF 1.9 50 10 1.7 +4.9
ISCB iShares Morningstar Small-Cap ETF 1.8 4 56 5.3 +8.6
NUMG Nuveen ESG Mid-Cap Growth ETF 1.8 31 29 3.7 +7.0
AIEQ AI Powered Equity ETF 1.8 75 -15 6.1 +9.3
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 1.8 20 40 5.4 +8.6
VB Vanguard Small-Cap ETF 1.8 5 55 5.4 +8.6
IMCG iShares Morningstar Mid-Cap Growth ETF 1.7 6 54 4.3 +7.5
EDOC Global X Telemedicine & Digital Health ETF Registered 1.7 68 -8 -5.5 -2.3
EKG First Trust Nasdaq Lux Digital Health Solutions ETF 1.7 65 -5 -1.1 +2.1
DIVY Sound Equity Dividend Income ETF 1.7 45 15 10.5 +13.7
IZRL ARK Israel Innovative Technology ETF 1.7 49 11 1.5 +4.7
GGME Invesco Next Gen Media and Gaming ETF 1.7 60 0 4.1 +7.3
FSMD Fidelity Small-Mid Multifactor ETF 1.7 15 45 7.6 +10.9
FYC First Trust Small Cap Growth AlphaDEX Fund 1.7 71 -11 0.9 +4.1
IWR iShares Russell Midcap ETF 1.7 19 41 5.7 +8.9
FBCV Fidelity Blue Chip Value ETF 1.7 59 1 7.1 +10.3
FDN First Trust Dow Jones Internet Index Fund 1.6 52 8 1.5 +4.7
IGV iShares Expanded Tech-Software Sector ETF 1.6 41 19 3.3 +6.6
IYF iShares U.S. Financials ETF 1.6 40 20 6.3 +9.5
VTWG Vanguard Russell 2000 Growth ETF 1.6 15 45 1.7 +5.0
IYK iShares U.S. Consumer Staples ETF 1.6 40 20 6.5 +9.7
CCSO Carbon Collective Climate Solutions US Equity ETF 1.6 35 25 2.3 +5.5
BNE Blue Horizon BNE ETF 1.6 87 -27 5.0 +8.2
NUSC Nuveen ESG Small-Cap ETF 1.6 31 29 5.2 +8.4
DARP Grizzle Growth ETF 1.6 75 -15 3.2 +6.4
DFNV Donoghue Forlines Innovation ETF 1.6 69 -9 5.0 +8.2
JCHI JPMorgan Active China ETF 1.6 65 -5 7.9 +11.2
KWEB KraneShares CSI China Internet ETF 1.6 69 -9 -0.7 +2.6
PGJ Invesco Golden Dragon China ETF 1.6 70 -10 4.9 +8.2
EEMO Invesco S&P Emerging Markets Momentum ETF 1.5 29 31 6.2 +9.4
JMOM JPMorgan U.S. Momentum Factor ETF 1.5 12 48 4.8 +8.1
VOT Vanguard Mid-Cap Growth ETF 1.5 7 53 4.2 +7.4
TCHI iShares MSCI China Multisector Tech ETF 1.5 59 1 3.0 +6.3
KIE SPDR S&P Insurance ETF 1.5 35 25 6.7 +9.9
XLP Consumer Staples Select Sector SPDR Fund 1.5 9 51 5.9 +9.1
SMOG VanEck Low Carbon Energy ETF 1.5 61 -1 3.0 +6.3
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.5 65 -5 1.6 +4.8
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.5 17 43 5.4 +8.7
BKSE BNY Mellon US Small Cap Core Equity ETF 1.5 4 56 5.7 +9.0
SDY SPDR S&P Dividend ETF 1.4 35 25 6.3 +9.5
FCOM Fidelity MSCI Communication Services Index ETF 1.4 8 52 4.8 +8.1
AFMC First Trust Active Factor Mid Cap ETF 1.4 65 -5 7.5 +10.7
HAPY Harbor Human Capital Factor Unconstrained ETF 1.4 50 10 4.8 +8.0
QDIV Global X S&P 500 Quality Dividend ETF 1.4 20 40 8.6 +11.9
VFMO Vanguard U.S. Momentum Factor ETF 1.4 13 47 2.8 +6.0
EZM WisdomTree U.S. MidCap Fund 1.4 38 22 8.2 +11.4
SCHA Schwab U.S. Small-Cap ETF 1.3 4 56 4.9 +8.1
SIZE iShares MSCI USA Size Factor ETF 1.3 15 45 6.0 +9.2
IMCB iShares Morningstar Mid-Cap ETF 1.3 4 56 6.1 +9.3
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.3 35 25 6.0 +9.2
NTZG Nuveen Global Net Zero Transition ETF 1.3 56 4 4.9 +8.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.3 39 21 4.5 +7.8
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 1.3 57 3 3.8 +7.0
SOXQ Invesco PHLX Semiconductor ETF 1.3 19 41 5.1 +8.3
SNSR Global X Internet of Things ETF 1.3 68 -8 4.3 +7.5
MOAT VanEck Morningstar Wide Moat ETF 1.3 46 14 6.3 +9.5
BFOR ALPS Barron's 400 ETF 1.3 65 -5 6.6 +9.8
XHS SPDR S&P Health Care Services ETF 1.3 35 25 5.8 +9.0
WTV WisdomTree US Value Fund of Benef Interest 1.2 12 48 8.7 +11.9
STXK Strive Small-Cap ETF 1.2 18 42 5.5 +8.7
IWS iShares Russell Mid-Cap Value ETF 1.2 23 37 6.6 +9.8
VOX Vanguard Communication Services ETF 1.2 10 50 5.1 +8.4
DAT ProShares Big Data Refiners ETF 1.2 58 2 1.4 +4.6
EQAL Invesco Russell 1000 Equal Weight ETF 1.2 20 40 6.0 +9.2
USMF WisdomTree U.S. Multifactor Fund 1.2 28 32 6.9 +10.2
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.2 65 -5 3.8 +7.1
SMMD iShares Russell 2500 ETF 1.2 15 45 6.0 +9.2
SMOT VanEck Morningstar SMID Moat ETF 1.2 49 11 6.3 +9.6
IWM iShares Russell 2000 ETF 1.2 19 41 3.6 +6.8
FSTA FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF 1.1 8 52 5.9 +9.2
PKW Invesco Buyback Achievers ETF 1.1 62 -2 7.1 +10.3
DWLD Davis Select Worldwide ETF 1.1 63 -3 5.6 +8.8
XT iShares Exponential Technologies ETF 1.1 46 14 3.9 +7.1
SCHM Schwab U.S. Mid-Cap ETF 1.1 4 56 6.3 +9.6
FLDZ RiverNorth Patriot ETF 1.1 75 -15 5.8 +9.0
ARKG ARK Genomic Revolution ETF 1.1 75 -15 -9.2 -5.9
FMIL Fidelity New Millennium ETF 1.1 59 1 4.3 +7.5
IHF iShares U.S. Healthcare Providers ETF 1.1 40 20 6.0 +9.2
EUSA iShares MSCI USA Equal Weighted ETF 1.1 9 51 6.2 +9.4
DIVZ TrueShares Low Volatility Equity Income ETF 1.1 65 -5 8.6 +11.8
ANEW ProShares MSCI Transformational Changes ETF 1.1 45 15 3.3 +6.6
MINV Matthews Asia Innovators Active ETF 1.1 79 -19 2.8 +6.1
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.1 47 13 0.7 +3.9
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.1 60 0 5.7 +8.9
TPSC Timothy Plan US Small Cap Core ETF 1.0 52 8 7.6 +10.8
GVLU Gotham 1000 Value ETF 1.0 50 10 7.4 +10.6
VTWO Vanguard Russell 2000 ETF 1.0 10 50 3.9 +7.1
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.0 35 25 7.5 +10.7
FDHT Fidelity Digital Health ETF 1.0 39 21 -2.4 +0.8
FLV American Century Focused Large Cap Value ETF 1.0 42 18 6.5 +9.7
FFTY Innovator IBD 50 ETF 1.0 80 -20 0.1 +3.3
PSC Principal U.S. Small-Cap ETF 0.9 38 22 6.6 +9.8
SMDY Syntax Stratified MidCap ETF 0.9 35 25 6.3 +9.5
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.9 40 20 4.1 +7.4
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 0.9 42 18 7.5 +10.8
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.9 35 25 7.6 +10.8
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 0.9 58 2 4.8 +8.0
FBCG Fidelity Blue Chip Growth ETF 0.9 59 1 2.6 +5.8
EBIZ Global X E-Commerce ETF 0.9 50 10 1.2 +4.4
IYG iShares US Financial Services ETF 0.9 40 20 5.8 +9.0
KXI iShares Global Consumer Staples ETF 0.9 41 19 5.6 +8.8
FNCL Fidelity MSCI Financials Index ETF 0.9 8 52 6.5 +9.7
AFSM First Trust Active Factor Small Cap ETF 0.9 75 -15 7.6 +10.9
WLDR Affinity World Leaders Equity ETF 0.9 67 -7 8.5 +11.7
JHMM John Hancock Multifactor Mid Cap ETF 0.9 42 18 6.6 +9.8
FBZ First Trust Brazil AlphaDEX Fund 0.9 80 -20 11.9 +15.1
VDC Vanguard Consumer Staples ETF 0.9 10 50 6.0 +9.2
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.9 35 25 4.8 +8.0
IYC iShares U.S. Consumer Discretionary ETF 0.9 40 20 3.8 +7.0
VFH Vanguard Financials ETF 0.9 10 50 6.4 +9.7
EMC Global X Emerging Markets Great Consumer ETF 0.8 75 -15 4.9 +8.1
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.8 15 45 6.3 +9.5
HELX Franklin Genomic Advancements ETF 0.8 50 10 1.7 +4.9
VO Vanguard Mid-Cap ETF 0.8 4 56 5.8 +9.1
FNDA Schwab Fundamental US Small Co. Index ETF 0.8 25 35 6.8 +10.0
EES WisdomTree U.S. SmallCap Fund 0.8 38 22 10.3 +13.5
QQQN VictoryShares Nasdaq Next 50 ETF 0.8 18 42 4.5 +7.8
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.8 15 45 10.1 +13.3
FEM First Trust Emerging Markets AlphaDEX Fund 0.8 80 -20 16.3 +19.5
MEM Matthews Emerging Markets Equity Active ETF 0.8 79 -19 5.7 +9.0
BTEK Future Tech ETF 0.8 88 -28 2.1 +5.3
FXH First Trust Health Care AlphaDEX Fund 0.8 62 -2 7.1 +10.3
HAIL SPDR S&P Kensho Smart Mobility ETF 0.8 45 15 -2.0 +1.2
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.8 25 35 8.8 +12.1
DFSU Dimensional US Sustainability Core 1 ETF 0.7 18 42 5.7 +8.9
PSCH Invesco S&P SmallCap Health Care ETF 0.7 29 31 5.9 +9.1
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.7 68 -8 1.1 +4.4
USVT US Value ETF 0.7 49 11 11.3 +14.5
VAMO Cambria Value & Momentum ETF 0.7 61 -1 9.6 +12.8
EMM Global X Emerging Markets ex-China ETF 0.7 75 -15 3.7 +6.9
FIVG Defiance Next Gen Connectivity ETF 0.7 30 30 6.7 +10.0
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.7 32 28 5.7 +8.9
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF 0.7 50 10 7.9 +11.1
ACTV LeaderShares Activist Leaders ETF 0.7 75 -15 8.1 +11.3
ONEO SPDR Russell 1000 Momentum Focus ETF 0.7 20 40 7.1 +10.3
DHS WisdomTree U.S. High Dividend Fund 0.7 38 22 8.8 +12.0
GSFP Goldman Sachs Future Planet Equity ETF 0.7 75 -15 4.5 +7.8
AIRR First Trust RBA American Industrial Renaissance ETF 0.7 70 -10 5.3 +8.5
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 0.7 35 25 5.4 +8.7
SQLV Royce Quant Small-Cap Quality Value ETF 0.7 60 0 9.0 +12.2
DFAC Dimensional U.S. Core Equity 2 ETF 0.7 17 43 5.7 +8.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.7 21 39 3.9 +7.1
DFAS Dimensional U.S. Small Cap ETF 0.7 26 34 6.0 +9.2
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.7 60 0 6.7 +9.9
ISCV iShares Morningstar Small Cap Value ETF 0.6 6 54 8.1 +11.4
BATT Amplify Lithium & Battery Technology ETF 0.6 59 1 2.9 +6.1
DURA VanEck Durable High Dividend ETF 0.6 29 31 7.3 +10.5
WCEO Hypatia Women CEO ETF 0.6 85 -25 5.2 +8.4
VGT Vanguard Information Technology ETF 0.6 10 50 4.7 +7.9
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.6 20 40 4.5 +7.7
FUNL CornerCap Fundametrics Large-Cap ETF 0.6 50 10 7.0 +10.2
JAVA JPMorgan Active Value ETF 0.6 44 16 6.3 +9.5
CLNR IQ Cleaner Transport ETF 0.6 45 15 8.3 +11.5
HART IQ Healthy Hearts ETF 0.6 45 15 5.3 +8.6
DFAU Dimensional US Core Equity Market ETF 0.6 12 48 5.4 +8.6
IWD iShares Russell 1000 Value ETF 0.6 19 41 6.6 +9.8
TXS Texas Capital Texas Equity Index ETF 0.6 49 11 5.6 +8.8
QGRW WisdomTree U.S. Quality Growth Fund 0.5 28 32 4.7 +7.9
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.5 52 8 5.4 +8.6
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.5 58 2 5.4 +8.6
XJH iShares ESG Screened S&P Mid-Cap ETF 0.5 12 48 6.8 +10.1
VONV Vanguard Russell 1000 Value ETF 0.5 8 52 6.7 +9.9
IETC iShares U.S. Tech Independence Focused ETF 0.5 18 42 4.4 +7.7
QLV FlexShares US Quality Low Volatility Index Fund 0.5 22 38 5.2 +8.4
FYX First Trust Small Cap Core AlphaDEX Fund 0.5 61 -1 7.2 +10.4
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.5 79 -19 6.2 +9.5
JIG JPMorgan International Growth ETF 0.5 55 5 4.3 +7.5
FTEC Fidelity MSCI Information Technology Index ETF 0.5 8 52 4.8 +8.0
AIQ Global X Artificial Intelligence & Technology ETF 0.5 68 -8 4.2 +7.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.5 18 42 7.6 +10.8
ESGV Vanguard ESG U.S. Stock ETF 0.5 9 51 5.1 +8.3
MTUM iShares MSCI USA Momentum Factor ETF 0.5 15 45 3.7 +7.0
RVRB Reverb ETF 0.5 30 30 5.0 +8.2
DFLV Dimensional US Large Cap Value ETF 0.5 22 38 7.8 +11.0
STXG Strive 1000 Growth ETF 0.5 18 42 4.2 +7.4
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.5 15 45 7.1 +10.3
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.5 15 45 5.8 +9.0
IJK iShares S&P Mid-Cap 400 Growth ETF 0.5 17 43 5.8 +9.0
IGM iShares Expanded Tech Sector ETF 0.5 41 19 4.5 +7.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.5 9 51 6.0 +9.2
IWV iShares Russell 3000 ETF 0.5 20 40 5.0 +8.2
DFUS Dimensional U.S. Equity ETF 0.5 9 51 5.1 +8.4
MDY SPDR S&P Midcap 400 ETF Trust 0.5 23 37 6.8 +10.0
CARZ First Trust NASDAQ Global Auto Index Fund 0.5 70 -10 3.5 +6.7
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.5 20 40 6.7 +9.9
HDUS Hartford Disciplined US Equity ETF 0.5 19 41 6.2 +9.4
VTHR Vanguard Russell 3000 ETF 0.5 10 50 5.1 +8.3
IJH iShares Core S&P Mid-Cap ETF 0.5 5 55 6.9 +10.2
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.5 3 57 7.0 +10.2
DEUS Xtrackers Russell US Multifactor ETF 0.5 17 43 7.1 +10.3
IWB iShares Russell 1000 ETF 0.5 15 45 5.1 +8.4
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.5 33 27 7.2 +10.4
LUXX Roundhill S&P Global Luxury ETF 0.5 45 15 2.7 +5.9
QINT American Century Quality Diversified International ETF 0.5 39 21 7.4 +10.6
VONE Vanguard Russell 1000 ETF 0.5 8 52 5.2 +8.4
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.5 90 -30 7.0 +10.2
IJJ iShares S&P Mid-Cap 400 Value ETF 0.4 18 42 8.2 +11.4
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF 0.4 12 48 5.5 +8.7
MDYV SPDR S&P 400 Mid Cap Value ETF 0.4 15 45 8.2 +11.5
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.4 25 35 5.7 +8.9
SPAM Themes Cybersecurity ETF 0.4 35 25 2.0 +5.2
RNSC Furst Trust Small Cap US Equity Select ETF 0.4 60 0 8.4 +11.6
IHAK iShares Cybersecurity & Tech ETF 0.4 47 13 3.2 +6.4
IWN iShares Russell 2000 Value ETF 0.4 24 36 5.6 +8.8
QGRO American Century U.S. Quality Growth ETF 0.4 29 31 5.8 +9.0
VTWV Vanguard Russell 2000 Value ETF 0.4 15 45 5.8 +9.0
IYY iShares Dow Jones U.S. ETF 0.4 20 40 5.1 +8.3
SHPP Pacer Industrials and Logistics ETF 0.4 60 0 8.9 +12.1
SDG iShares MSCI Global Sustainable Development Goals ETF 0.4 49 11 5.8 +9.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.4 75 -15 4.7 +7.9
BKEM BNY Mellon Emerging Markets Equity ETF 0.4 11 49 7.7 +10.9
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.4 36 24 7.5 +10.7
CGGR Capital Group Growth ETF 0.4 39 21 3.5 +6.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.4 3 57 5.1 +8.4
VFQY Vanguard U.S. Quality Factor ETF 0.4 13 47 7.2 +10.4
JVAL JPMorgan U.S. Value Factor ETF 0.4 12 48 8.4 +11.6
FIDU Fidelity MSCI Industrial Index ETF 0.4 8 52 4.7 +8.0
AVUS Avantis U.S. Equity ETF 0.4 15 45 6.0 +9.3
IWF iShares Russell 1000 Growth ETF 0.4 19 41 4.7 +7.9
VONG Vanguard Russell 1000 Growth ETF 0.4 8 52 4.8 +8.1
SCHG Schwab U.S. Large-Cap Growth ETF 0.4 4 56 4.3 +7.5
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.4 15 45 7.1 +10.3
ILCG iShares Morningstar Growth ETF 0.4 4 56 4.1 +7.3
VTI Vanguard Total Stock Market ETF 0.4 3 57 5.1 +8.3
FXD First Trust Consumer Discretionary AlphaDEX Fund 0.4 61 -1 5.0 +8.2
SSPY Syntax Stratified LargeCap ETF 0.4 30 30 6.5 +9.7
LRND IQ U.S. Large Cap R&D Leaders ETF 0.4 14 46 6.3 +9.5
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.4 60 0 1.2 +4.4
DON WisdomTree U.S. MidCap Dividend Fund 0.4 38 22 8.6 +11.8
SPEM SPDR Portfolio Emerging Markets ETF 0.4 7 53 7.5 +10.7
RWK Invesco S&P MidCap 400 Revenue ETF 0.4 39 21 8.7 +11.9
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.4 15 45 7.0 +10.2
ROSC Hartford Multifactor Small Cap ETF 0.4 34 26 10.1 +13.3
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.3 38 22 6.8 +10.0
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.3 8 52 4.9 +8.1
FQAL Fidelity Quality Factor ETF 0.3 15 45 5.9 +9.1
IYW iShares U.S. Technology ETF 0.3 40 20 4.5 +7.7
SOCL Global X Social Media ETF 0.3 65 -5 -5.8 -2.5
AZTD Aztlan Global Stock Selection DM SMID ETF 0.3 75 -15 6.6 +9.8
GBUY Goldman Sachs Future Consumer Equity ETF 0.3 75 -15 3.1 +6.3
VFMF Vanguard U.S. Multifactor ETF 0.3 18 42 8.7 +11.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.3 24 36 8.0 +11.2
CACG ClearBridge All Cap Growth ESG ETF 0.3 54 6 3.4 +6.6
IJT iShares S&P Small-Cap 600 Growth ETF 0.3 18 42 7.0 +10.3
NUEM Nuveen ESG Emerging Markets Equity ETF 0.3 36 24 6.8 +10.0
DEW WisdomTree Global High Dividend Fund 0.3 58 2 9.1 +12.3
IMCV iShares Morningstar Mid-Cap Value ETF 0.3 6 54 7.9 +11.2
SLYG SPDR S&P 600 Small Cap Growth ETF 0.3 15 45 7.1 +10.3
FTC First Trust Large Cap Growth AlphaDEX Fund 0.3 59 1 2.8 +6.0
FEX First Trust Large Cap Core AlphaDEX Fund 0.3 59 1 5.6 +8.8
AGNG Global X Aging Population ETF 0.3 50 10 4.1 +7.3
FVAL Fidelity Value Factor ETF 0.3 15 45 7.5 +10.7
KRUZ Unusual Whales Subversive Republican Trading ETF 0.3 75 -15 4.9 +8.2
VCR Vanguard Consumer Discretionary ETF 0.3 10 50 4.7 +7.9
EATZ AdvisorShares Restaurant ETF 0.3 101 -41 2.7 +5.9
XPND First Trust Expanded Technology ETF 0.3 65 -5 3.9 +7.1
GGRW Gabelli Growth Innovators ETF 0.3 90 -30 2.3 +5.5
CFA VictoryShares US 500 Volatility Wtd ETF 0.3 35 25 6.0 +9.2
IEDI iShares U.S. Consumer Focused ETF 0.3 18 42 5.0 +8.2
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.3 40 20 5.9 +9.1
ILCB iShares Morningstar U.S. Equity ETF 0.3 3 57 5.3 +8.5
REVS Columbia Research Enhanced Value ETF 0.3 19 41 7.7 +10.9
FCPI Fidelity Stocks for Inflation ETF 0.3 15 45 8.6 +11.8
VT Vanguard Total World Stock ETF 0.3 7 53 5.8 +9.0
BLES Inspire Global Hope ETF 0.3 61 -1 6.3 +9.5
VOE Vanguard Mid-Cap Value ETF 0.3 7 53 7.4 +10.6
SPHQ Invesco S&P 500 Quality ETF 0.3 15 45 5.4 +8.6
IYJ iShares U.S. Industrials ETF 0.3 40 20 4.8 +8.1
SCHB Schwab U.S. Broad Market ETF 0.3 3 57 5.2 +8.4
DFSV Dimensional US Small Cap Value ETF 0.3 31 29 8.9 +12.1
RAYD Rayliant Quantitative Developed Market Equity ETF 0.3 80 -20 4.5 +7.7
FLCH Franklin FTSE China ETF 0.3 19 41 9.6 +12.8
RNMC First Trust Mid Cap US Equity Select ETF 0.3 60 0 7.9 +11.1
USXF iShares ESG Advanced MSCI USA ETF 0.3 10 50 5.2 +8.4
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.3 10 50 5.4 +8.6
BKLC BNY Mellon US Large Cap Core Equity ETF 0.3 0 60 5.3 +8.5
SCHK Schwab 1000 Index ETF 0.3 5 55 5.3 +8.5
PBUS Invesco MSCI USA ETF 0.3 4 56 5.3 +8.5
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.3 29 31 9.1 +12.3
JRNY ALPS Global Travel Beneficiaries ETF 0.3 65 -5 0.0 +3.2
GXC SPDR S&P China ETF 0.3 59 1 9.0 +12.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.3 7 53 5.2 +8.4
QLC FlexShares US Quality Large Cap Index Fund 0.3 25 35 5.6 +8.8
MILN Global X Millennial Consumer ETF 0.3 50 10 2.4 +5.6
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.3 2 58 5.3 +8.5
IXG iShares Global Financials ETF 0.3 42 18 6.8 +10.1
TMFC Motley Fool 100 Index ETF 0.3 50 10 4.0 +7.2
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.3 35 25 7.2 +10.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 49 5.2 +8.5
QQMG Invesco ESG NASDAQ 100 ETF 0.2 20 40 4.7 +8.0
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 -29 4.8 +8.0
SFY SoFi Select 500 ETF 0.2 0 60 5.2 +8.4
ISZE iShares MSCI Intl Size Factor ETF 0.2 30 30 6.6 +9.8
ITAN Sparkline Intangible Value ETF 0.2 50 10 6.2 +9.4
CZA Invesco Zacks Mid-Cap ETF 0.2 72 -12 6.3 +9.6
SVAL iShares US Small Cap Value Factor ETF 0.2 20 40 11.4 +14.6
AVEM Avantis Emerging Markets Equity ETF 0.2 33 27 9.1 +12.3
VTV Vanguard Value ETF 0.2 4 56 7.0 +10.2
GSPY Gotham Enhanced 500 ETF 0.2 50 10 5.3 +8.5
STRV Strive 500 ETF 0.2 5 55 5.2 +8.4
FTA First Trust Large Cap Value AlphaDEX Fund 0.2 59 1 8.2 +11.4
MGV Vanguard Mega Cap Value ETF 0.2 7 53 6.8 +10.1
DTD WisdomTree U.S. Total Dividend Fund 0.2 28 32 6.5 +9.7
MCHI iShares MSCI China ETF 0.2 59 1 8.9 +12.1
GLOF iShares Global Equity Factor ETF 0.2 20 40 7.1 +10.3
VV Vanguard Large-Cap ETF 0.2 4 56 5.2 +8.5
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 0.2 18 42 7.9 +11.1
TOK iShares MSCI Kokusai ETF 0.2 26 34 5.3 +8.5
AFLG First Trust Active Factor Large Cap ETF 0.2 55 5 6.2 +9.4
VUG Vanguard Growth ETF 0.2 4 56 4.3 +7.5
DLN WisdomTree U.S. LargeCap Dividend Fund 0.2 28 32 6.2 +9.5
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 40 6.2 +9.4
URTH iShares MSCI World ETF 0.2 24 36 5.4 +8.6
SCHX Schwab U.S. Large-Cap ETF 0.2 3 57 5.3 +8.5
GDEF Goldman Sachs Defensive Equity ETF 0.2 55 5 4.4 +7.6
JEPI JPMorgan Equity Premium Income ETF 0.2 35 25 5.3 +8.5
QQQ Invesco QQQ Trust Series I 0.2 20 40 4.6 +7.9
QQQM Invesco NASDAQ 100 ETF 0.2 15 45 4.7 +7.9
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 51 5.5 +8.7
WRND IQ Global Equity R&D Leaders ETF 0.2 18 42 7.2 +10.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 51 5.7 +8.9
IUSV iShares Core S&P US Value ETF 0.2 4 56 6.8 +10.0
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.2 15 45 8.2 +11.5
XJR iShares ESG Screened S&P Small-Cap ETF 0.2 12 48 7.8 +11.0
FDWM Fidelity Women's Leadership ETF 0.2 59 1 4.8 +8.0
ACWI iShares MSCI ACWI ETF 0.2 32 28 5.5 +8.7
QUAL iShares MSCI USA Quality Factor ETF 0.2 15 45 5.5 +8.7
VIG Vanguard Dividend Appreciation ETF 0.2 6 54 5.8 +9.0
EPS WisdomTree U.S. LargeCap Fund 0.2 8 52 6.3 +9.5
IVE iShares S&P 500 Value ETF 0.2 18 42 6.6 +9.8
SPYV SPDR Portfolio S&P 500 Value ETF 0.2 4 56 6.7 +9.9
VOTE TCW Transform 500 ETF 0.2 5 55 5.2 +8.4
VIOO Vanguard S&P Small-Cap 600 ETF 0.2 10 50 7.8 +11.0
SPDW SPDR Portfolio Developed World ex-US ETF 0.2 3 57 6.9 +10.1
IWX iShares Russell Top 200 Value ETF 0.2 20 40 6.5 +9.7
VIS Vanguard Industrials ETF 0.2 10 50 4.5 +7.7
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.2 3 57 8.2 +11.5
DUHP Dimensional US High Profitability ETF 0.2 21 39 7.0 +10.2
IJR iShares Core S&P Small Cap ETF 0.2 6 54 8.2 +11.4
DFUV Dimensional US Marketwide Value ETF 0.2 22 38 7.6 +10.8
JHML John Hancock Multifactor Large Cap ETF 0.2 29 31 5.6 +8.8
STXV Strive 1000 Value ETF 0.2 18 42 7.8 +11.0
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 46 5.4 +8.6
VEGN US Vegan Climate ETF 0.2 60 0 4.7 +7.9
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.2 24 36 7.8 +11.0
NULC Nuveen ESG Large-Cap ETF 0.2 21 39 5.5 +8.7
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.2 10 50 4.9 +8.1
AVSC Avantis U.S Small Cap Equity ETF 0.2 25 35 5.4 +8.7
VOOG Vanguard S&P 500 Growth ETF 0.2 10 50 5.5 +8.7
HKND Humankind US Stock ETF 0.2 11 49 7.0 +10.2
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.2 10 50 4.8 +8.1
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 11 6.0 +9.3
RECS Columbia Research Enhanced Core ETF 0.1 15 45 5.6 +8.8
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.1 58 2 4.6 +7.8
XLG Invesco S&P 500 Top 50 ETF 0.1 20 40 4.7 +7.9
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.1 32 28 6.3 +9.5
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.1 15 45 6.4 +9.7
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 28 5.2 +8.4
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.1 45 15 4.7 +7.9
DES WisdomTree U.S. SmallCap Dividend Fund 0.1 38 22 8.1 +11.4
CN Xtrackers MSCI All China Equity ETF 0.1 50 10 8.7 +11.9
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 31 5.1 +8.3
APUE ActivePassive U.S. Equity ETF 0.1 45 15 5.0 +8.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 40 5.6 +8.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 31 6.3 +9.5
LDEM iShares ESG MSCI EM Leaders ETF 0.1 17 43 7.8 +11.0
TTAI FCF International Quality ETF 0.1 59 1 7.4 +10.6
IVOO Vanguard S&P Mid-Cap 400 ETF 0.1 10 50 6.9 +10.1
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 32 8.2 +11.5
EMXF iShares ESG Advanced MSCI EM ETF 0.1 16 44 7.4 +10.7
FHLC Fidelity MSCI Health Care Index ETF 0.1 8 52 5.9 +9.1
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 67 -7 9.2 +12.5
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.1 30 30 4.7 +7.9
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.1 29 31 7.4 +10.6
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.1 15 45 7.6 +10.8
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 51 5.8 +9.1
VUSE Vident U.S. Equity Strategy ETF 0.1 50 10 3.6 +6.8
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 35 7.4 +10.7
SPXT ProShares S&P 500 Ex-Technology ETF 0.1 9 51 5.7 +8.9
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 21 9.4 +12.6
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 41 6.5 +9.8
BKF iShares MSCI BIC ETF 0.1 69 -9 7.1 +10.3
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.1 9 51 5.0 +8.2
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 21 7.3 +10.5
VHT Vanguard Health Care ETF 0.1 10 50 5.7 +8.9
EFG iShares MSCI EAFE Growth ETF 0.1 36 24 4.1 +7.3
DMXF iShares ESG Advanced MSCI EAFE ETF 0.1 12 48 5.4 +8.6
ROUS Hartford Multifactor US Equity ETF 0.1 19 41 6.4 +9.7
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.1 20 40 7.5 +10.7
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 57 5.4 +8.7
IWL iShares Russell Top 200 ETF 0.1 15 45 5.0 +8.2
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 35 10.0 +13.3
MGC Vanguard Mega Cap ETF 0.1 7 53 5.1 +8.3
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 45 6.1 +9.3
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 18 5.1 +8.3
RWL Invesco S&P 500 Revenue ETF 0.1 39 21 6.6 +9.9
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 51 5.3 +8.5
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 51 5.2 +8.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 40 5.1 +8.3
SSLY Syntax Stratified SmallCap ETF 0.1 40 20 7.5 +10.7
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.1 20 40 8.0 +11.2
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.1 15 45 4.9 +8.1
FLAX Franklin FTSE Asia Ex Japan ETF 0.1 19 41 7.2 +10.4
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 49 5.2 +8.4
EGUS iShares ESG Aware MSCI USA Growth ETF 0.1 18 42 4.3 +7.6
IYH iShares U.S. Healthcare ETF 0.1 40 20 6.2 +9.4
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 58 5.3 +8.5
IVV iShares Core S&P 500 ETF 0.1 3 57 5.3 +8.5
VOO Vanguard S&P 500 ETF 0.1 3 57 5.3 +8.6
SPY SPDR S&P 500 ETF Trust 0.1 9 51 5.2 +8.4
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 51 5.3 +8.5
VWO Vanguard FTSE Emerging Markets ETF 0.1 8 52 7.6 +10.8
VFVA Vanguard U.S. Value Factor ETF 0.1 13 47 10.6 +13.8
ILCV iShares Morningstar Value ETF 0.1 4 56 6.7 +9.9
EEMA iShares MSCI Emerging Markets Asia ETF 0.1 49 11 6.7 +9.9
GMF SPDR S&P Emerging Asia Pacific ETF 0.1 49 11 6.4 +9.6
VBR Vanguard Small Cap Value ETF 0.1 7 53 8.2 +11.4
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.1 12 48 7.3 +10.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.1 70 -10 6.3 +9.5
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -15 3.8 +7.0
SQEW LeaderShares Equity Skew ETF 0.1 81 -21 6.1 +9.3
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 35 7.1 +10.3
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.1 20 40 6.3 +9.5
EEM iShares MSCI Emerging Markets ETF 0.1 69 -9 7.0 +10.2
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.1 35 25 6.4 +9.6
SUSA iShares MSCI USA ESG Select ETF 0.1 25 35 5.4 +8.6
ESGU iShares ESG Aware MSCI USA ETF 0.1 15 45 5.2 +8.4
IWY iShares Russell Top 200 Growth ETF 0.1 20 40 4.9 +8.1
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 42 6.7 +9.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.1 36 24 6.4 +9.6
ZIG Acquirers Fund 0.1 84 -24 14.1 +17.3
EFA iShares MSCI EAFE ETF 0.1 35 25 6.4 +9.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -6 7.2 +10.4
IEMG iShares Core MSCI Emerging Markets ETF 0.0 9 51 7.5 +10.8
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 40 6.7 +9.9
ACWX iShares MSCI ACWI ex U.S. ETF 0.0 34 26 6.7 +9.9
HAPI Harbor Human Capital Factor US Large Cap ETF 0.0 36 24 4.8 +8.0
IQSI IQ Candriam International Equity ETF 0.0 15 45 6.4 +9.6
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 48 7.1 +10.4
IEFA iShares Core MSCI EAFE ETF 0.0 7 53 2.7 +5.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 19 6.7 +9.9
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.0 45 15 6.2 +9.5
IMTM iShares MSCI Intl Momentum Factor ETF 0.0 30 30 6.8 +10.1
BKIE BNY Mellon International Equity ETF 0.0 4 56 6.9 +10.1
IXUS iShares Core MSCI Total International Stock ETF 0.0 7 53 6.9 +10.1
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.0 30 30 7.5 +10.7
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 40 5.1 +8.3
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 56 6.7 +9.9
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 48 4.5 +7.7
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 30 6.1 +9.3
CWI SPDR MSCI ACWI ex-US ETF 0.0 30 30 6.8 +10.0
IUS Invesco RAFI Strategic US ETF 0.0 19 41 7.3 +10.5
RAFE PIMCO RAFI ESG U.S. ETF 0.0 29 31 7.2 +10.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 21 7.6 +10.8
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.0 10 50 5.2 +8.4
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 56 4.6 +7.9
VSGX Vanguard ESG International Stock ETF 0.0 12 48 6.8 +10.1
DSI iShares MSCI KLD 400 Social ETF 0.0 25 35 5.1 +8.4
SUSL iShares ESG MSCI USA Leaders ETF 0.0 10 50 5.1 +8.4
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.0 50 10 5.8 +9.1
VEU Vanguard FTSE All-World ex-US Index Fund 0.0 8 52 7.2 +10.4
VXUS Vanguard Total International Stock ETF 0.0 7 53 7.1 +10.3
HLAL Wahed FTSE USA Shariah ETF 0.0 50 10 5.0 +8.2
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.0 30 30 8.0 +11.2
AVDE Avantis International Equity ETF 0.0 23 37 7.9 +11.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 19 7.8 +11.0
DIVB iShares Core Dividend ETF 0.0 5 55 8.0 +11.2
AVLV Avantis U.S. Large Cap Value ETF 0.0 15 45 7.5 +10.7

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

  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:		 Renaissance IPO 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 -11.5 %
Divided by: Fwd. P/BV 4.4 x
Less: Expense ratio 60 bp
Equals: ALTAR Score -3.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.53 CATEGORY
AVERAGE		 1.55
 
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.