Renaissance IPO ETF
ALTAR
Score™		 -28.1% info Recommen-
dation		 AVOID
2022E    2023E
P/E
ratio		 530.6x P/Sales
ratio		 2.6x
P/BV
ratio		 8.8x Div.
yield		 0.6%


  • 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) $139
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 81
Wgt avg mkt cap (mns) $21,633
Large cap (>$10bn) 69.1%
Mid cap ($2-10bn) 26.2%
Small cap (<$2bn) 0.2%
Developed mkts 89.9%
Emerging mkts 10.1%

TOP TEN HOLDINGS
AIRBNB, INC. CLASS A 10.6 %
SNOWFLAKE, INC. CLASS A 9.6 %
RIVIAN AUTOMOTIVE, INC. CLASS A 4.3 %
ROBLOX CORP. CLASS A 3.9 %
ROYALTY PHARMA PLC CLASS A 3.7 %
PALANTIR TECHNOLOGIES INC. CLASS A 3.7 %
BILL.COM HOLDINGS, INC. 3.1 %
ZOOMINFO TECHNOLOGIES, INC. CLASS 3.0 %
BIONTECH SE SPONSORED ADR 3.0 %
DOORDASH, INC. CLASS A 2.8 %
Total 47.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 71.6 %
CHINA 6.5 %
GERMANY 3.7 %
SOUTH KOREA 3.0 %
CAYMAN ISLANDS 2.4 %
BRAZIL 1.4 %
CANADA 1.1 %
SWITZERLAND 1.0 %
ISRAEL 1.0 %
URUGUAY 0.4 %

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.
-51.6% -59.0% 0.2% -- 4.2%

Market Correlations
versus... Beta R-squared
S&P500 1.15 46%
MSCI EAFE 1.20 46%
MSCI Emg. Mkts. 1.12 41%

Technical Indicators
Recent close $25.98
30d moving avg. $27.15
Annualized volatility 35.3%
Short interest (ETF) 4.9%
Short interest (Underlying) 6.1%
Relative strength (RSI) 44

Liquidity measures
Avg. volume (thou.) 47
Turnover 0.9%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $10,192

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 709 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™: -28.1%


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
(%)
MEME Roundhill MEME ETF 20.5 69 -9 -4.0 +24.1
TIME Clockwise Capital Innovation ETF 20.2 95 -35 3.9 +32.0
BYOB SoFi Be Your Own Boss ETF 16.7 59 1 -6.2 +21.9
AILG Alpha Intelligent - Large Cap Growth ETF 16.4 85 -25 4.7 +32.8
LRNZ TrueMark Technology, AI & Deep Learning ETF 16.0 68 -8 -0.6 +27.5
FPX First Trust US IPO Index Fund 14.7 57 3 1.8 +29.9
BOSS Global X Founder-Run Companies ETF 13.7 45 15 3.0 +31.1
OGIG O'Shares Global Internet Giants ETF 13.5 48 12 0.6 +28.7
ZGEN Generation Z ETF 13.5 63 -3 -6.4 +21.8
BUYZ Franklin Disruptive Commerce ETF 13.4 50 10 2.9 +31.0
ARKW ARK Web x.0 ETF 11.7 83 -23 -4.8 +23.3
SFYF SoFi 50 ETF 11.7 29 31 -4.3 +23.9
BUZZ VanEck Social Sentiment ETF 11.0 75 -15 2.2 +30.3
ARKK ARK Innovation ETF 10.7 75 -15 -7.5 +20.6
TRFM AAM Transformers ETF 10.6 49 11 2.8 +30.9
ARKF ARK Fintech Innovation ETF 10.5 75 -15 -1.6 +26.5
HOTL Kelly Hotel & Lodging Sector ETF 9.9 78 -18 3.0 +31.1
DAT ProShares Big Data Refiners ETF 9.8 58 2 0.7 +28.8
SPRX Spear Alpha ETF 9.5 75 -15 2.2 +30.3
QQQN VictoryShares Nasdaq Next 50 ETF 9.4 18 42 6.7 +34.8
ENTR Entrepreneur 30 Fund 9.1 49 11 3.5 +31.6
XDAT Franklin Exponential Data ETF 8.7 50 10 4.2 +32.3
METV Roundhill Ball Metaverse ETF 8.7 59 1 5.8 +33.9
TWEB SoFi Web 3 ETF 8.6 59 1 -6.4 +21.7
GTEK Goldman Sachs Future Tech Leaders Equity ETF 8.1 75 -15 4.5 +32.6
VR Global X Metaverse ETF 8.0 50 10 8.7 +36.8
WCLD WisdomTree Cloud Computing Fund 8.0 45 15 -3.2 +24.9
FDN First Trust Dow Jones Internet Index Fund 8.0 51 9 3.7 +31.8
OND ProShares On-Demand ETF 7.8 58 2 -6.0 +22.1
IBUY Amplify Online Retail ETF 7.5 65 -5 -4.9 +23.2
FINX Global X FinTech Thematic ETF 7.5 68 -8 6.2 +34.3
MVPS Amplify Thematic All-Stars ETF 7.4 49 11 2.3 +30.4
XWEB SPDR S&P Internet ETF 7.4 35 25 -5.2 +22.9
GGRW Gabelli Growth Innovators ETF 7.3 90 -30 4.0 +32.1
MRND IQ U.S. Mid Cap R&D Leaders ETF 7.2 16 44 2.6 +30.7
XITK SPDR FactSet Innovative Technology ETF 7.2 45 15 -4.5 +23.6
LOUP Innovator Loup Frontier Tech ETF 7.1 70 -10 7.3 +35.4
XNTK SPDR NYSE Technology ETF 7.1 35 25 5.9 +34.0
AOTG AOT Growth and Innovation ETF 7.1 75 -15 3.9 +32.0
QQQJ Invesco NASDAQ Next Gen 100 ETF 6.9 15 45 4.5 +32.6
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 6.5 86 -26 1.0 +29.1
ISHP First Trust S-Network E-Commerce ETF 6.5 60 0 5.9 +34.0
HERO Global X Video Games & Esports ETF 6.5 50 10 9.2 +37.3
EWEB Global X Emerging Markets Internet & E-commerce ETF 6.4 65 -5 4.8 +32.9
BLOK Amplify Transformational Data Sharing ETF 6.4 71 -11 1.5 +29.6
PLAT WisdomTree Modern Tech Platforms Fund 6.4 20 40 -0.0 +28.1
VBB Valkyrie Balance Sheet Opportunities ETF 6.3 75 -15 -2.7 +25.4
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF 6.2 50 10 17.7 +45.8
MOON Direxion Moonshot Innovators ETF 6.0 65 -5 0.0 +28.1
EMFQ Amplify Emerging Markets FinTech ETF 5.8 69 -9 6.3 +34.4
CTRU ARK Transparency ETF 5.6 55 5 0.0 +28.1
BIDS Amplify Digital & Online Trading ETF 5.6 59 1 8.4 +36.5
XSW SPDR S&P Software & Services ETF 5.6 35 25 3.8 +31.9
ERTH Invesco MSCI Sustainable Future ETF 5.4 56 4 3.6 +31.7
ESPO VanEck Video Gaming & eSports ETF 5.3 55 5 8.5 +36.6
VERS ProShares Metaverse ETF 5.3 58 2 -4.5 +23.6
FCLD Fidelity Cloud Computing ETF 5.3 39 21 5.4 +33.5
GAMR ETFMG Video Game Tech ETF 5.2 75 -15 8.6 +36.7
SMOG VanEck Low Carbon Energy ETF 5.2 55 5 2.5 +30.6
BNGE First Trust S-Network Streaming and Gaming ETF 5.2 70 -10 0.9 +29.0
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 5.1 58 2 -0.7 +27.4
AWAY ETFMG Travel Tech ETF 5.1 75 -15 -5.5 +22.6
DRW WisdomTree Global ex-US Real Estate Fund 5.0 58 2 3.6 +31.7
WUGI Esoterica NextG Economy ETF 5.0 75 -15 3.1 +31.2
MTVR Fount Metaverse ETF 5.0 70 -10 7.5 +35.6
VXF Vanguard Extended Market Index Fund 5.0 6 54 3.8 +31.9
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 4.9 86 -26 2.0 +30.1
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 4.9 20 40 5.6 +33.7
BICK First Trust BICK Index Fund 4.9 64 -4 6.6 +34.7
DTOX Amplify Cleaner Living ETF 4.9 59 1 0.0 +28.1
ACES ALPS Clean Energy ETF 4.9 55 5 -1.3 +26.8
PGJ Invesco Golden Dragon China ETF 4.8 70 -10 2.9 +31.0
ARVR First Trust Indxx Metaverse ETF 4.8 70 -10 6.6 +34.7
INNO Harbor Disruptive Innovation ETF 4.8 75 -15 -3.9 +24.3
ONLN ProShares Online Retail ETF 4.8 58 2 -5.5 +22.6
BFTR Future Innovators ETF 4.7 80 -20 2.1 +30.2
PUNK Subversive Metaverse ETF 4.7 75 -15 2.7 +30.8
PSJ Invesco Dynamic Software ETF 4.6 56 4 3.6 +31.7
HAPY Harbor Corporate Culture Leaders ETF 4.6 36 24 3.2 +31.3
FFND Future Fund Active ETF 4.6 101 -41 2.6 +30.7
KNGS UPHOLDINGS Compound Kings ETF 4.6 60 0 5.4 +33.5
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 4.5 68 -8 1.9 +30.0
JRNY ALPS Global Travel Beneficiaries ETF 4.5 65 -5 0.9 +29.0
BEDZ AdvisorShares Hotel ETF 4.5 99 -39 1.5 +29.6
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 4.5 59 1 1.3 +29.4
FNI First Trust Chindia ETF 4.3 59 1 0.3 +28.4
PNQI Invesco NASDAQ Internet ETF 4.3 60 0 3.8 +31.9
GFOF Grayscale Future of Finance ETF 4.2 70 -10 -2.7 +25.4
NFTZ Defiance Digital Revolution ETF 4.2 65 -5 -29.3 -1.2
BTEK BlackRock Future Tech ETF 4.2 88 -28 0.8 +28.9
CRPT First Trust SkyBridge Crypto Industry and Digital Economy ET 4.2 85 -25 1.4 +29.5
MMLG First Trust Multi-Manager Large Growth ETF 4.1 85 -25 3.3 +31.4
IWFH iShares Virtual Work and Life Multisector ETF 4.0 47 13 -1.3 +26.8
TRFK Pacer Data and Digital Revolution ETF 3.9 60 0 6.5 +34.6
SFYX Sofi Next 500 ETF 3.7 0 60 6.1 +34.2
IHE iShares U.S. Pharmaceuticals ETF 3.7 39 21 10.1 +38.2
VOT Vanguard Mid-Cap Growth Index Fund 3.7 7 53 4.8 +32.9
WTRE WisdomTree New Economy Real Estate Fund 3.7 58 2 4.6 +32.7
JSML Janus Henderson Small Cap Growth Alpha ETF 3.7 30 30 10.8 +38.9
PZLG Puzzle Mature Growth 3.6 10 50 6.1 +34.2
NIFE Direxion Fallen Knives ETF 3.6 50 10 0.0 +28.1
GURU Global X Guru Index ETF 3.5 75 -15 4.5 +32.6
CNCR Loncar Cancer Immunotherapy ETF 3.5 79 -19 -4.3 +23.8
GK AdvisorShares Gerber Kawasaki ETF 3.5 81 -21 5.2 +33.3
XPH SPDR S&P Pharmaceuticals ETF 3.4 35 25 1.6 +29.7
APXH Apex Healthcare ETF 3.4 90 -30 8.9 +37.0
MSGR Direxion mRNA ETF 3.4 65 -5 -2.4 +25.7
IDNA iShares Genomics Immunology & Healthcare ETF 3.4 47 13 -4.5 +23.6
IBBQ Invesco Nasdaq Biotechnology ETF 3.4 19 41 0.3 +28.4
FMET Fidelity Metaverse ETF 3.4 39 21 6.5 +34.6
IBLC iShares Blockchain and Tech ETF 3.4 47 13 -2.0 +26.1
PTF Invesco DWA Technology Momentum ETF 3.3 60 0 3.7 +31.8
HAIL SPDR S&P Kensho Smart Mobility ETF 3.3 45 15 -1.7 +26.4
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 3.3 69 -9 7.6 +35.7
FDIG Fidelity Crypto Industry and Digital Payments ETF 3.2 39 21 3.5 +31.6
IBB iShares NASDAQ Biotechnology ETF 3.2 44 16 -0.2 +27.9
ARKQ Ark Autonomous Tech. & Robotics ETF 3.2 75 -15 0.8 +28.9
ODDS Pacer BlueStar Digital Entertainment ETF 3.2 60 0 6.6 +34.7
GRZZ Grizzle Growth ETF 3.1 75 -15 7.6 +35.7
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 3.1 70 -10 2.2 +30.3
XHS SPDR S&P Health Care Services ETF 3.1 35 25 1.7 +29.8
MILN Global X Millennial Consumer ETF 3.1 50 10 3.2 +31.3
FPXE First Trust IPOX Europe Equity Opportunities ETF 3.1 70 -10 6.3 +34.4
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 3.0 50 10 3.7 +31.8
ISCG iShares Morningstar Small-Cap Growth ETF 3.0 6 54 1.4 +29.5
FLDZ RiverNorth Volition America Patriot ETF 3.0 70 -10 5.6 +33.7
IHF iShares U.S. Healthcare Providers ETF 3.0 39 21 6.1 +34.2
VBK Vanguard Small-Cap Growth Index Fund 3.0 7 53 1.5 +29.6
FCTR First Trust Lunt U.S. Factor Rotation ETF 3.0 65 -5 5.4 +33.5
MRAD SmartETFs Advertising & Marketing Technology ETF 3.0 68 -8 4.7 +32.8
BBH VanEck Biotech ETF 3.0 35 25 6.0 +34.1
FBT First Trust NYSE Arca Biotechnology Index Fund 3.0 55 5 1.3 +29.4
GNOM Global X Genomics & Biotechnology ETF 3.0 50 10 -4.6 +23.5
GERM ETFMG Treatments Testing and Advancements ETF 3.0 68 -8 -8.0 +20.1
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 2.9 47 13 -0.3 +27.9
BAD B.A.D. ETF 2.9 75 -15 3.0 +31.1
PBW Invesco WilderHill Clean Energy ETF 2.8 61 -1 -6.8 +21.3
HELX Franklin Genomic Advancements ETF 2.8 50 10 1.1 +29.2
BATT Amplify Lithium & Battery Technology ETF 2.8 59 1 3.3 +31.4
GENY Principal Millennials Index ETF 2.8 45 15 5.3 +33.4
SKYY First Trust Cloud Computing ETF 2.8 60 0 4.1 +32.2
IGV iShares Expanded Tech-Software ETF 2.8 40 20 4.5 +32.6
TYNE Direxion Nanotechnology ETF 2.7 65 -5 -62.4 -34.3
XRT SPDR S&P Retail ETF 2.7 35 25 6.2 +34.3
HEET Hartford Schroders ESG US Equity ETF 2.7 39 21 7.4 +35.5
LIV Emles (a)Home ETF 2.7 49 11 5.6 +33.7
BITQ Bitwise Crypto Industry Innovators ETF 2.7 85 -25 -14.8 +13.3
DAPP VanEck Digital Transformation ETF 2.7 50 10 -26.6 +1.5
BKCH Global X Blockchain ETF 2.7 50 10 -31.2 -3.1
SATO Invesco Alerian Galaxy Crypto Economy ETF 2.7 60 0 -33.4 -5.3
DAM VanEck Digital Assets Mining ETF 2.7 50 10 -374.3 -346.2
FNY First Trust Mid Cap Growth AlphaDEX Fund 2.7 70 -10 2.4 +30.5
KGRN KraneShares MSCI China Clean Technology Index ETF 2.6 78 -18 9.7 +37.8
AIEQ AI Powered Equity ETF 2.6 75 -15 2.9 +31.0
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.6 39 21 -1.2 +26.9
CHIQ Global X MSCI China Consumer ETF 2.6 65 -5 3.5 +31.6
FBCG Fidelity Blue Chip Growth ETF 2.6 59 1 3.1 +31.2
KOMP SPDR Kensho New Economies Composite ETF 2.6 20 40 0.8 +28.9
IWP iShares Russell Mid-Cap Growth ETF 2.6 23 37 4.9 +33.0
BTEC Principal Healthcare Innovators Index ETF 2.6 42 18 -5.1 +23.0
IMCG iShares Morningstar Mid-Cap Growth ETF 2.6 6 54 4.9 +33.0
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 2.6 30 30 9.3 +37.4
WTAI WisdomTree Artificial Intelligence and Innovation Fund 2.5 45 15 2.5 +30.6
PSC Principal U.S. Small Cap Index ETF 2.5 38 22 7.7 +35.8
ANEW ProShares MSCI Transformational Changes ETF 2.4 45 15 5.2 +33.3
ARKX ARK Space Exploration & Innovation ETF 2.4 75 -15 2.1 +30.2
FCOM Fidelity MSCI Telecommunication Services Index ETF 2.4 8 52 7.6 +35.7
FDG American Century Focused Dynamic Growth ETF 2.4 45 15 3.4 +31.5
TMFX Motley Fool Next Index ETF 2.4 50 10 3.9 +32.0
DINT Davis Select International ETF 2.3 64 -4 6.8 +34.9
SIZE iShares MSCI USA Size Factor ETF 2.3 15 45 6.2 +34.3
JHCS John Hancock Multifactor Media & Communications ETF 2.3 40 20 9.5 +37.6
IPAY ETFMG Prime Mobile Payments ETF 2.2 75 -15 9.7 +37.8
BBP BioShares Biotechnology Products Fund 2.2 79 -19 -2.3 +25.8
SUBS Fount Subscription Economy ETF 2.2 70 -10 5.6 +33.7
ETPA Ecofin Digital Payments Infrastructure Fund 2.2 40 20 8.0 +36.1
VOX Vanguard Telecommunication Services Index Fund 2.2 10 50 7.5 +35.6
TECB iShares US Tech Breakthrough Multisector ETF 2.2 40 20 6.4 +34.5
FXL First Trust Technology AlphaDEX Fund 2.2 61 -1 8.6 +36.7
KESG KraneShares MSCI China ESG Leaders Index ETF 2.2 59 1 12.2 +40.3
EQAL Invesco Russell 1000 Equal Weight ETF 2.2 20 40 6.7 +34.8
KWEB KraneShares CSI China Internet ETF 2.2 69 -9 0.5 +28.6
WWOW Direxion World Without Waste ETF 2.1 50 10 0.0 +28.1
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 2.1 95 -35 2.6 +30.7
EUSA iShares MSCI USA Equal Weighted ETF 2.1 9 51 6.4 +34.5
VO Vanguard Mid-Cap Index Fund 2.1 4 56 6.5 +34.6
RNMC Mid Cap US Equity Select ETF 2.1 60 0 8.9 +37.0
GBGR Global Beta Momentum-Growth ETF 2.0 29 31 0.0 +28.1
FPXI First Trust International Equity Opportunities ETF 2.0 70 -10 0.8 +28.9
CXSE WisdomTree China ex-State-Owned Enterprises Fund 2.0 32 28 6.4 +34.5
IYC iShares U.S. Consumer Services ETF 2.0 39 21 4.3 +32.4
NUMG Nuveen ESG Mid-Cap Growth ETF 2.0 30 30 2.4 +30.5
IWR iShares Russell Midcap ETF 2.0 18 42 6.3 +34.4
VIRS Pacer BioThreat Strategy ETF 2.0 70 -10 7.3 +35.4
FXH First Trust Health Care AlphaDEX Fund 1.9 61 -1 7.8 +35.9
BKSE BNY Mellon US Small Cap Core Equity ETF 1.9 4 56 5.9 +34.0
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.9 63 -3 3.6 +31.7
KCE SPDR S&P Capital Markets ETF 1.9 35 25 9.6 +37.7
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 1.9 108 -48 5.3 +33.4
EKG First Trust Nasdaq Lux Digital Health Solutions ETF 1.8 65 -5 -0.3 +27.9
IWO iShares Russell 2000 Growth ETF 1.8 23 37 2.1 +30.2
PBD Invesco Global Clean Energy ETF 1.8 75 -15 -1.8 +26.3
VTWG Vanguard Russell 2000 Growth Index Fund 1.8 15 45 2.0 +30.1
FNX First Trust Mid Cap Core AlphaDEX Fund 1.8 59 1 8.2 +36.3
IYW iShares U.S. Technology ETF 1.7 39 21 6.7 +34.8
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 1.7 9 51 6.7 +34.8
SHE SPDR SSGA Gender Diversity Index ETF 1.7 20 40 6.6 +34.7
SCHM Schwab U.S. Mid-Cap ETF 1.7 4 56 6.3 +34.4
IETC iShares Evolved U.S. Technology ETF 1.7 18 42 6.1 +34.2
JHMT John Hancock Multifactor Technology ETF 1.7 40 20 7.2 +35.3
BKMC BNY Mellon US Mid Cap Core Equity ETF 1.7 4 56 6.6 +34.7
IMCB iShares Morningstar Mid-Cap ETF 1.7 4 56 6.6 +34.7
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 1.7 21 39 4.7 +32.8
XT iShares Exponential Technologies ETF 1.7 46 14 4.3 +32.4
ISCB iShares Morningstar Small-Cap ETF 1.6 4 56 5.0 +33.1
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.6 60 0 4.5 +32.6
IWS iShares Russell Mid-Cap Value ETF 1.6 23 37 7.2 +35.3
VCR Vanguard Consumer Discretionary Index Fund 1.6 10 50 5.7 +33.8
ARKG ARK Genomic Revolution ETF 1.6 75 -15 -3.7 +24.4
FDIS Fidelity MSCI Consumer Discretionary Index ETF 1.6 8 52 5.7 +33.8
CGGR Capital Group Growth ETF 1.6 39 21 5.0 +33.1
PWB Invesco Dynamic Large Cap Growth ETF 1.6 56 4 4.4 +32.5
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.6 60 0 5.5 +33.6
FYC First Trust Small Cap Growth AlphaDEX Fund 1.6 70 -10 1.9 +30.0
FMIL Fidelity New Millennium ETF 1.6 59 1 6.8 +34.9
CHIR Global X MSCI China Real Estate ETF 1.6 66 -6 25.2 +53.3
MCH Matthews China Active ETF 1.6 79 -19 7.8 +35.9
FQAL Fidelity Quality Factor ETF 1.6 29 31 7.5 +35.6
JHSC John Hancock Multifactor Small Cap ETF 1.5 42 18 6.5 +34.6
VB Vanguard Small-Cap ETF 1.5 5 55 5.8 +33.9
MCHI iShares MSCI China ETF 1.5 57 3 10.9 +39.0
ISRA VanEck Israel ETF 1.5 59 1 7.4 +35.5
QGRO American Century STOXX U.S. Quality Growth ETF 1.5 29 31 5.7 +33.8
CARZ First Trust NASDAQ Global Auto Index Fund 1.5 70 -10 6.0 +34.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.5 7 53 5.9 +34.0
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.5 60 0 3.5 +31.6
DWLD Davis Select Worldwide ETF 1.5 62 -2 9.2 +37.3
BFIT Global X Health & Wellness ETF 1.5 50 10 5.8 +33.9
LCG Sterling Capital Focus Equity ETF 1.4 59 1 5.6 +33.7
SCHA Schwab U.S. Small-Cap ETF 1.4 4 56 5.4 +33.5
JHMC John Hancock Multifactor Consumer Discretionary ETF 1.4 40 20 5.2 +33.3
MAKX ProShares S&P Kensho Smart Factories ETF 1.4 58 2 4.0 +32.1
BULD Pacer BlueStar Engineering the Future ETF 1.4 60 0 -0.7 +27.4
INFL Horizon Kinetics Inflation Beneficiaries ETF 1.4 85 -25 4.9 +33.0
VUSE Vident Core US Equity Fund 1.4 50 10 10.5 +38.6
IGM iShares Expanded Tech Sector ETF 1.4 40 20 6.2 +34.3
SMMD iShares Russell 2500 ETF 1.4 15 45 6.1 +34.2
PBSM Invesco PureBeta MSCI USA Small Cap ETF 1.3 6 54 5.6 +33.7
GXC SPDR S&P China ETF 1.3 59 1 10.7 +38.8
IUSS Invesco Strategic US Small Company ETF 1.3 23 37 6.8 +34.9
VUG Vanguard Growth Index Fund 1.3 4 56 5.6 +33.7
VEGN US Vegan Climate ETF 1.3 60 0 6.2 +34.3
STLV iShares Factors US Value Style ETF 1.2 25 35 9.7 +37.8
SFY SoFi Select 500 ETF 1.2 0 60 6.5 +34.6
FTC First Trust Large Cap Growth AlphaDEX Fund 1.2 59 1 5.0 +33.1
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 1.2 30 30 8.2 +36.3
IDRV iShares Self-driving EV & Tech ETF 1.2 47 13 7.8 +35.9
FTQI First Trust Nasdaq BuyWrite Income ETF 1.2 85 -25 4.6 +32.7
IWM iShares Russell 2000 ETF 1.2 19 41 4.1 +32.2
DTEC ALPS Disruptive Technologies ETF 1.2 50 10 4.4 +32.5
VTWO Vanguard Russell 2000 Index Fund 1.2 10 50 4.1 +32.2
XOUT GraniteShares XOUT U.S. Large Cap ETF 1.2 60 0 6.0 +34.1
SSPX Janus Henderson U.S. Sustainable Equity ETF 1.2 55 5 4.7 +32.8
EDOC Global X Telemedicine & Digital Health ETF 1.2 68 -8 -3.6 +24.5
IVES Wedbush ETFMG Global Cloud Technology ETF 1.2 68 -8 4.5 +32.6
CGXU Capital Group International Focus Equity ETF 1.2 54 6 4.5 +32.6
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.2 39 21 4.9 +33.0
ILCG iShares Morningstar Growth ETF 1.1 4 56 5.2 +33.3
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.1 65 -5 3.1 +31.2
BOTZ Global X Robotics & Artificial Intelligence ETF 1.1 68 -8 2.7 +30.8
SCHG Schwab U.S. Large-Cap Growth ETF 1.1 40 20 5.0 +33.1
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 1.1 30 30 9.4 +37.5
ROCI ROC ETF 1.1 49 11 5.3 +33.4
CACG ClearBridge All Cap Growth ETF 1.1 53 7 4.6 +32.7
EZM WisdomTree U.S. MidCap Earnings Fund 1.1 38 22 10.3 +38.4
NULG Nuveen ESG Large-Cap Growth ETF 1.1 25 35 5.3 +33.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.1 9 51 4.8 +32.9
VGT Vanguard Information Technology Index Fund 1.1 10 50 6.4 +34.5
THNQ ROBO Global Artificial Intelligence ETF 1.1 68 -8 3.2 +31.3
FDWM Fidelity Women's Leadership ETF 1.1 59 1 6.3 +34.4
WDNA WisdomTree BioRevolution Fund 1.0 45 15 -3.9 +24.2
FLCH Franklin FTSE China ETF 1.0 19 41 11.1 +39.2
DWAS Invesco DWA SmallCap Momentum ETF 1.0 60 0 -0.0 +28.1
CZA Invesco Zacks Mid-Cap ETF 1.0 69 -9 6.5 +34.6
FTEC Fidelity MSCI Information Technology Index ETF 1.0 8 52 6.4 +34.5
ESGV Vanguard ESG U.S. Stock ETF 1.0 9 51 6.4 +34.5
LRND IQ U.S. Large Cap R&D Leaders ETF 1.0 14 46 8.0 +36.1
IEDI iShares Evolved U.S. Discretionary Spending ETF 1.0 18 42 5.0 +33.1
SIMS SPDR S&P Kensho Intelligent Structures ETF 1.0 45 15 1.8 +29.9
VONG Vanguard Russell 1000 Growth Index Fund 1.0 8 52 5.9 +34.0
IWF iShares Russell 1000 Growth ETF 1.0 18 42 5.9 +34.0
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 1.0 24 36 8.5 +36.6
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 1.0 17 43 5.6 +33.7
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 1.0 29 31 8.0 +36.1
COWZ Pacer US Cash Cows 100 ETF 1.0 49 11 11.6 +39.7
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.0 57 3 6.0 +34.1
FSMD Fidelity Small-Mid Factor ETF 1.0 29 31 8.4 +36.5
EVX VanEck Environmental Services ETF 1.0 55 5 3.4 +31.5
RBLD First Trust Alerian US NextGen Infrastructure ETF 1.0 65 -5 5.3 +33.4
HART IQ Healthy Hearts ETF 0.9 45 15 5.8 +33.9
JSTC Adasina Social Justice All Cap Global ETF 0.9 89 -29 6.4 +34.5
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 0.9 35 25 8.2 +36.3
RYLD Global X Russell 2000 Covered Call ETF 0.9 60 0 3.7 +31.8
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.9 35 25 6.1 +34.2
NUEM Nuveen ESG Emerging Markets Equity ETF 0.9 35 25 7.5 +35.6
USMF WisdomTree U.S. Multifactor Fund 0.9 28 32 8.2 +36.3
KALL KraneShares MSCI All China Index ETF 0.9 48 12 11.5 +39.6
ALFA AlphaClone Alternative Alpha ETF 0.9 65 -5 0.0 +28.1
STLG iShares Factors US Growth Style ETF 0.9 25 35 8.5 +36.6
CLNR IQ Cleaner Transport ETF 0.9 45 15 7.6 +35.7
IQM Franklin Intelligent Machines ETF 0.9 50 10 3.9 +32.0
TMFC Motley Fool 100 Index ETF 0.9 50 10 5.4 +33.5
RFG Invesco S&P Midcap 400 Pure Growth ETF 0.9 35 25 8.5 +36.6
XHE SPDR S&P Health Care Equipment ETF 0.9 35 25 0.8 +28.9
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 0.9 29 31 13.5 +41.6
CALF Pacer US Small Cap Cash Cows 100 ETF 0.9 59 1 12.6 +40.7
QVAL Alpha Architect U.S. Quantitative Value ETF 0.9 49 11 12.5 +40.6
XSVM Invesco S&P SmallCap Value with Momentum ETF 0.9 39 21 11.5 +39.6
DBLV AdvisorShares DoubleLine Value Equity ETF 0.9 91 -31 11.2 +39.3
XSHQ Invesco S&P SmallCap Quality ETF 0.9 29 31 9.9 +38.0
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 0.9 60 0 7.5 +35.6
SOXQ Invesco PHLX Semiconductor ETF 0.9 19 41 8.7 +36.8
PSI Invesco Dynamic Semiconductors ETF 0.9 56 4 7.8 +35.9
SNSR Global X Internet of Things Thematic ETF 0.9 68 -8 4.7 +32.8
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.9 7 53 6.3 +34.4
RUFF Alpha Dog ETF 0.8 90 -30 5.8 +33.9
IMCV iShares Morningstar Mid-Cap Value ETF 0.8 6 54 8.3 +36.4
FSST Fidelity Sustainability U.S. Equity ETF 0.8 59 1 6.3 +34.4
PBJ Invesco Dynamic Food & Beverage ETF 0.8 63 -3 5.4 +33.5
PSL Invesco DWA Consumer Staples Momentum ETF 0.8 60 0 4.6 +32.7
IWV iShares Russell 3000 ETF 0.8 20 40 6.0 +34.1
BKF iShares MSCI BRIC ETF 0.8 70 -10 9.6 +37.7
DON WisdomTree U.S. MidCap Dividend Fund 0.8 38 22 8.7 +36.8
VTHR Vanguard Russell 3000 Index Fund 0.8 10 50 6.1 +34.2
MGK Vanguard Mega Cap Growth ETF 0.8 7 53 5.8 +33.9
IYY iShares Dow Jones U.S. ETF 0.8 20 40 6.2 +34.3
SDG iShares Sustainable MSCI Global Impact ETF 0.8 49 11 8.9 +37.0
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.8 3 57 6.1 +34.2
CN Xtrackers MSCI All China Equity ETF 0.8 50 10 12.1 +40.2
IWB iShares Russell 1000 ETF 0.8 15 45 6.2 +34.3
VTI Vanguard Total Stock Market Index Fund 0.8 3 57 6.1 +34.2
USVT US Value ETF 0.8 49 11 11.4 +39.5
CBSE Changebridge Capital Sustainable Equity ETF 0.8 85 -25 0.1 +28.2
JHMM John Hancock Multifactor Mid Cap ETF 0.8 41 19 7.5 +35.6
GVLU Gotham 1000 Value ETF 0.8 50 10 10.4 +38.5
VONE Vanguard Russell 1000 ETF 0.8 8 52 6.3 +34.4
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.8 64 -4 7.8 +35.9
SCHB Schwab U.S. Broad Market ETF 0.8 3 57 6.2 +34.3
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.7 10 50 6.8 +34.9
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 0.7 35 25 7.9 +36.0
GDOC Goldman Sachs Future Health Care Equity ETF 0.7 75 -15 1.7 +29.8
SCHK Schwab 1000 Index ETF 0.7 5 55 6.3 +34.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.7 11 49 6.3 +34.4
JHMS John Hancock Multifactor Consumer Staples ETF 0.7 40 20 6.2 +34.3
VV Vanguard Large-Cap Index Fund 0.7 4 56 6.4 +34.5
SCHX Schwab U.S. Large-Cap ETF 0.7 3 57 6.3 +34.4
VOE Vanguard Mid-Cap Value Index Fund 0.7 7 53 8.1 +36.2
AVUV Avantis U.S. Small Cap Value ETF 0.7 25 35 9.7 +37.8
VFMO Vanguard U.S. Momentum Factor ETF 0.7 13 47 3.9 +32.0
FDHT Fidelity Digital Health ETF 0.7 39 21 0.2 +28.3
JFWD Jacob Forward ETF 0.7 75 -15 -13.9 +14.2
KLDW Gavekal Knowledge Leaders Developed World ETF 0.7 75 -15 4.8 +32.9
PEJ Invesco Dynamic Leisure & Entertainment ETF 0.7 55 5 5.0 +33.1
BFOR Barron's 400 ETF 0.7 65 -5 8.9 +37.0
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.7 25 35 6.7 +34.8
FYX First Trust Small Cap Core AlphaDEX Fund 0.7 61 -1 8.8 +36.9
USXF iShares ESG Advanced MSCI USA ETF 0.7 10 50 6.4 +34.5
TTAC TrimTabs US Free Cash Flow Quality ETF 0.7 59 1 7.1 +35.2
FXD First Trust Consumer Discretionary AlphaDEX Fund 0.7 61 -1 8.0 +36.1
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 0.6 20 40 5.8 +33.9
VHT Vanguard Health Care Index Fund 0.6 10 50 6.5 +34.6
NUSC Nuveen ESG Small-Cap ETF 0.6 30 30 5.9 +34.0
PPA Invesco Aerospace & Defense ETF 0.6 61 -1 4.3 +32.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.6 2 58 6.4 +34.5
TPLC Timothy Plan US Large Cap Core ETF 0.6 52 8 6.3 +34.4
EQOP Natixis U.S. Equity Opportunities ETF 0.6 85 -25 6.4 +34.5
KURE KraneShares MSCI All China Health Care Index ETF 0.6 65 -5 2.6 +30.7
CHIH Global X MSCI China Health Care ETF 0.6 65 -5 2.3 +30.4
CHNA Loncar China BioPharma ETF 0.6 79 -19 -0.3 +27.8
EWMC Invesco S&P MidCap 400 Equal Weight ETF 0.6 40 20 7.6 +35.7
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.6 15 45 7.1 +35.2
CFA VictoryShares US 500 Volatility Weighted Index ETF 0.6 35 25 7.0 +35.1
IJK iShares S&P Mid-Cap 400 Growth ETF 0.6 17 43 7.1 +35.2
ILCB iShares Morningstar U.S. Equity ETF 0.6 3 57 6.4 +34.5
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.6 15 45 7.0 +35.1
IWY iShares Russell Top 200 Growth ETF 0.6 20 40 6.1 +34.2
ISEM Invesco RAFI Strategic Emerging Markets ETF 0.6 35 25 13.0 +41.1
ROSC Hartford Multifactor Small Cap ETF 0.6 34 26 10.9 +39.0
SPEM SPDR Portfolio Emerging Markets ETF 0.6 11 49 8.2 +36.3
LRGF iShares Edge MSCI Multifactor USA ETF 0.6 8 52 7.3 +35.4
FHLC Fidelity MSCI Health Care Index ETF 0.6 8 52 6.5 +34.6
AGNG Global X Aging Population ETF 0.6 50 10 3.9 +32.0
JHMH John Hancock Multifactor Healthcare ETF 0.6 40 20 7.7 +35.8
CLOU Global X Cloud Computing ETF 0.6 68 -8 2.4 +30.5
BMED BlackRock Future Health ETF 0.6 85 -25 2.1 +30.2
IWN iShares Russell 2000 Value ETF 0.6 23 37 6.1 +34.2
RECS Columbia Research Enhanced Core ETF 0.6 15 45 7.3 +35.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.6 36 24 7.9 +36.0
VOTE Engine No. 1 Transform 500 ETF 0.6 5 55 6.4 +34.5
AIRR First Trust RBA American Industrial Renaissance ETF 0.6 70 -10 6.4 +34.5
GSFP Goldman Sachs Future Planet Equity ETF 0.6 75 -15 4.0 +32.1
ICLN iShares Global Clean Energy ETF 0.6 40 20 2.8 +30.9
VCLN Virtus Duff & Phelps Clean Energy ETF 0.6 59 1 2.8 +30.9
RAYS Global X Solar ETF 0.6 50 10 2.3 +30.4
TAN Invesco Solar ETF 0.6 69 -9 2.0 +30.1
NZRO Strategy Shares Halt Climate Change ETF 0.6 95 -35 1.9 +30.0
FRNW Fidelity Clean Energy ETF 0.6 39 21 1.8 +29.9
CTEC Global X CleanTech ETF 0.6 50 10 1.2 +29.3
CNRG SPDR S&P Kensho Clean Power ETF 0.6 45 15 0.7 +28.8
VTWV Vanguard Russell 2000 Value Index Fund 0.6 15 45 6.1 +34.2
TCHI iShares MSCI China Multisector Tech ETF 0.6 59 1 4.6 +32.7
SUSA iShares MSCI USA ESG Select ETF 0.6 25 35 6.1 +34.2
IYH iShares U.S. Healthcare ETF 0.6 39 21 7.3 +35.4
KMED KraneShares Emerging Markets Healthcare Index ETF 0.6 81 -21 2.2 +30.3
IWD iShares Russell 1000 Value ETF 0.6 18 42 7.4 +35.5
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 0.6 96 -36 3.6 +31.7
PTH Invesco DWA Healthcare Momentum ETF 0.6 60 0 -0.9 +27.2
FUNL CornerCap Fundametrics Large-Cap ETF 0.6 50 10 8.3 +36.4
PBUS Invesco PureBeta MSCI USA ETF 0.6 4 56 6.4 +34.5
VONV Vanguard Russell 1000 Value Index Fund 0.6 8 52 7.5 +35.6
FNK First Trust Mid Cap Value AlphaDEX Fund 0.6 70 -10 12.2 +40.3
ETHO Etho Climate Leadership U.S. ETF 0.6 47 13 4.7 +32.8
VT Vanguard Total World Stock ETF 0.6 7 53 6.8 +34.9
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.6 38 22 7.1 +35.2
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.6 39 21 9.2 +37.3
ITEQ BlueStar Israel Technology ETF 0.5 75 -15 1.0 +29.1
IZRL ARK Israel Innovative Technology ETF 0.5 49 11 -1.0 +27.1
VBR Vanguard Small Cap Value Index Fund 0.5 7 53 8.4 +36.5
IJT iShares S&P Small-Cap 600 Growth ETF 0.5 18 42 7.8 +35.9
EEMA iShares MSCI Emerging Markets Asia ETF 0.5 50 10 7.8 +35.9
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.5 15 45 9.5 +37.6
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.5 15 45 7.8 +35.9
SLYG SPDR S&P 600 Small Cap Growth ETF 0.5 15 45 7.8 +35.9
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 0.5 35 25 6.8 +34.9
CGGO Capital Group Global Growth Equity ETF 0.5 47 13 4.7 +32.8
EMXF iShares ESG Advanced MSCI EM ETF 0.5 16 44 8.9 +37.0
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.5 25 35 6.7 +34.8
IBBJ Defiance Nasdaq Junior Biotechnology ETF 0.5 45 15 0.0 +28.1
BNE Blue Horizon BNE ETF 0.5 87 -27 3.8 +31.9
GBUY Goldman Sachs Future Consumer Equity ETF 0.5 75 -15 3.5 +31.6
SOCL Global X Social Media ETF 0.5 65 -5 0.5 +28.6
RYJ Invesco Raymond James SB-1 Equity ETF 0.5 81 -21 4.2 +32.3
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.5 15 45 14.0 +42.1
OALC OneAscent Large Cap Core ETF 0.5 76 -16 6.7 +34.8
IYG iShares US Financial Services ETF 0.5 39 21 8.0 +36.1
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.5 69 -9 7.4 +35.5
ADRE Invesco BLDRS Emerging Markets 50 ADR Index Fund 0.5 29 31 6.5 +34.6
RESP WisdomTree US ESG Fund of Benef Interest 0.5 28 32 7.6 +35.7
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.5 20 40 7.3 +35.4
QINT American Century Quality Diversified International ETF 0.5 39 21 8.4 +36.5
IYF iShares U.S. Financials ETF 0.5 39 21 7.9 +36.0
IHAK iShares Cybersecurity & Tech ETF 0.5 47 13 4.2 +32.3
DFAS Dimensional U.S. Small Cap ETF 0.5 28 32 6.8 +34.9
QYLD Global X NASDAQ 100 Covered Call ETF 0.5 60 0 5.9 +34.0
EDUT Global X Education ETF 0.5 50 10 1.2 +29.3
HLGE Hartford Longevity Economy ETF 0.5 44 16 8.6 +36.7
NUSI Nationwide Risk-Managed Income ETF 0.5 68 -8 5.9 +34.0
DFAU Dimensional US Core Equity Market ETF 0.5 12 48 6.5 +34.6
SEA U.S. Global Sea to Sky Cargo ETF 0.4 60 0 28.5 +56.6
BOAT SonicShares Global Shipping ETF 0.4 69 -9 19.7 +47.8
SUPL ProShares Supply Chain Logistics ETF 0.4 58 2 15.6 +43.7
DMDV AAM S&P Developed Markets High Dividend Value ETF 0.4 39 21 14.5 +42.6
IMOM Alpha Architect International Quantitative Momentum ETF 0.4 60 0 9.3 +37.4
EIS iShares MSCI Israel ETF 0.4 57 3 9.0 +37.1
OBOR KraneShares MSCI One Belt One Road Index ETF 0.4 78 -18 9.0 +37.1
WRND IQ Global Equity R&D Leaders ETF 0.4 18 42 8.7 +36.8
CBTG Cabot Growth ETF 0.4 75 -15 0.0 +28.1
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 0.4 60 0 5.9 +34.0
WLDR Affinity World Leaders Equity ETF 0.4 67 -7 9.3 +37.4
QRMI Global X NASDAQ 100 Risk Managed Income ETF 0.4 60 0 6.0 +34.1
HKND Humankind US Stock ETF 0.4 11 49 7.9 +36.0
AVUS Avantis U.S. Equity ETF 0.4 15 45 7.2 +35.3
SQLV Legg Mason Small-Cap Quality Value 0.4 61 -1 11.8 +39.9
JQUA JPMorgan U.S. Quality Factor ETF 0.4 12 48 7.0 +35.1
QQQM Invesco NASDAQ 100 ETF 0.4 15 45 6.7 +34.8
QQQ Invesco QQQ Trust 0.4 20 40 6.3 +34.4
JMOM JPMorgan U.S. Momentum Factor ETF 0.4 12 48 6.5 +34.6
PWC Invesco Dynamic Market ETF 0.4 60 0 7.1 +35.2
QTR Global X NASDAQ 100 Tail Risk ETF 0.4 60 0 6.0 +34.1
IJR iShares Core S&P Small Cap ETF 0.4 6 54 7.8 +35.9
QUAL iShares MSCI Usa Quality Factor ETF 0.4 15 45 7.6 +35.7
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.4 5 55 7.8 +35.9
TOK iShares MSCI Kokusai ETF 0.4 25 35 6.5 +34.6
VIOO Vanguard S&P Small-Cap 600 ETF 0.4 10 50 7.7 +35.8
SLY SPDR S&P 600 Small Cap ETF 0.4 15 45 7.7 +35.8
RODE Hartford Multifactor Diversified International ETF 0.4 29 31 12.5 +40.6
QCLR Global X NASDAQ 100 Collar 95-110 ETF 0.4 60 0 6.0 +34.1
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.4 15 45 8.0 +36.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.4 66 -6 8.0 +36.1
ESGE iShares ESG Aware MSCI EM ETF 0.4 25 35 8.8 +36.9
URTH iShares MSCI World ETF 0.4 24 36 6.6 +34.7
KOKU Xtrackers MSCI Kokusai Equity ETF 0.4 9 51 6.8 +34.9
EEM iShares MSCI Emerging Markets ETF 0.4 68 -8 8.1 +36.2
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.4 61 -1 8.1 +36.2
AQWA Global X Clean Water ETF 0.4 50 10 4.9 +33.0
CGW Invesco S&P Global Water Index ETF 0.4 57 3 4.2 +32.3
EBLU Ecofin Global Water ESG Fund 0.4 40 20 4.1 +32.2
FIW First Trust Water ETF 0.4 53 7 4.0 +32.1
AVEM Avantis Emerging Markets Equity ETF 0.4 33 27 9.8 +37.9
QLV FlexShares US Quality Low Volatility Index Fund 0.4 22 38 6.0 +34.1
AMER Emles Made in America ETF 0.4 49 11 9.1 +37.2
LDEM iShares ESG MSCI EM Leaders ETF 0.4 16 44 8.8 +36.9
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 0.4 60 0 8.4 +36.5
FXG First Trust Consumer Staples AlphaDEX Fund 0.4 64 -4 6.7 +34.8
FVD First Trust Value Line Dividend Index Fund 0.4 67 -7 6.3 +34.4
CWS AdvisorShares Focused Equity ETF 0.4 66 -6 5.6 +33.7
VFMF Vanguard U.S. Multifactor ETF 0.4 18 42 9.5 +37.6
ACWI iShares MSCI ACWI ETF 0.4 32 28 6.7 +34.8
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.4 29 31 9.5 +37.6
IYJ iShares U.S. Industrials ETF 0.4 39 21 6.1 +34.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 40 6.9 +35.0
MGC Vanguard Mega Cap Index Fund 0.4 7 53 6.3 +34.4
GMF SPDR S&P Emerging Asia Pacific ETF 0.4 49 11 7.6 +35.7
ISCV iShares Morningstar Small Cap Value ETF 0.4 6 54 8.2 +36.3
MDY SPDR S&P Midcap 400 ETF Trust 0.4 22 38 7.5 +35.6
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.4 30 30 8.5 +36.6
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.4 20 40 8.0 +36.1
OUSM ALPS O'Shares Russell Small Cap Quality Dividend ETF 0.4 48 12 7.9 +36.0
IJH iShares Core S&P Mid-Cap ETF 0.4 5 55 7.7 +35.8
IVOO Vanguard S&P Mid-Cap 400 ETF 0.4 10 50 7.6 +35.7
SPMD SPDR Portfolio Mid Cap ETF 0.4 5 55 7.7 +35.8
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.4 10 50 6.0 +34.1
DFSV Dimensional US Small Cap Value ETF 0.4 31 29 8.6 +36.7
AVSC Avantis U.S Small Cap Equity ETF 0.4 25 35 5.2 +33.3
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.4 14 46 6.4 +34.5
IHI iShares U.S. Medical Devices ETF 0.4 39 21 4.9 +33.0
SMDY Syntax Stratified MidCap ETF 0.4 35 25 7.5 +35.6
ONEO SPDR Russell 1000 Momentum Focus ETF 0.4 20 40 8.5 +36.6
IEMG iShares Core MSCI Emerging Markets ETF 0.4 9 51 8.4 +36.5
IWL iShares Russell Top 200 ETF 0.3 15 45 6.3 +34.4
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 0.3 19 41 8.2 +36.3
FEX First Trust Large Cap Core AlphaDEX Fund 0.3 59 1 7.5 +35.6
ESGU iShares MSCI USA ESG Optimized ETF 0.3 15 45 6.3 +34.4
MINV Matthews Asia Innovators Active ETF 0.3 79 -19 4.4 +32.5
AZTD Aztlan Global Stock Selection DM SMID ETF 0.3 75 -15 2.8 +30.9
HTEC ROBO Global Healthcare Technology & Innovation ETF 0.3 68 -8 0.8 +28.9
CHIC Global X MSCI China Communication Services ETF 0.3 65 -5 -2.2 +26.0
VFQY Vanguard U.S. Quality Factor ETF 0.3 13 47 8.5 +36.6
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 40 6.8 +34.9
NULC Nuveen ESG Large-Cap ETF 0.3 20 40 6.2 +34.3
CLRG IQ Chaikin U.S. Large Cap ETF 0.3 25 35 6.6 +34.7
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 0.3 75 -15 7.7 +35.8
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.3 52 8 5.9 +34.0
SCHV Schwab U.S. Large-Cap Value ETF 0.3 4 56 7.4 +35.5
VWO Vanguard FTSE Emerging Markets ETF 0.3 8 52 8.4 +36.5
BKLC BNY Mellon US Large Cap Core Equity ETF 0.3 0 60 6.4 +34.5
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 0.3 35 25 7.2 +35.3
SLYV SPDR S&P 600 Small Cap Value ETF 0.3 15 45 7.9 +36.0
FLAX Franklin FTSE Asia Ex Japan ETF 0.3 19 41 8.2 +36.3
IJS iShares S&P Small-cap 600 Value ETF 0.3 18 42 7.8 +35.9
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.3 15 45 7.8 +35.9
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.3 25 35 8.2 +36.3
VDC Vanguard Consumer Staples Index Fund 0.3 10 50 5.6 +33.7
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.3 18 42 8.3 +36.4
PBEE Invesco PureBeta FTSE Emerging Markets ETF 0.3 16 44 8.2 +36.3
SAGP Strategas Global Policy Opportunities ETF 0.3 65 -5 7.7 +35.8
ERSX ERShares NextGen Entrepreneurs ETF 0.3 75 -15 6.9 +35.0
CSML IQ Chaikin U.S. Small Cap ETF 0.3 35 25 5.9 +34.0
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.3 20 40 8.0 +36.1
DFUS Dimensional U.S. Equity ETF 0.3 11 49 6.4 +34.5
DRIV Global X Autonomous & Electric Vehicles ETF 0.3 68 -8 5.0 +33.1
SCHE Schwab Emerging Markets Equity ETF 0.3 11 49 8.1 +36.2
XSD SPDR S&P Semiconductor ETF 0.3 35 25 7.7 +35.8
UIVM VictoryShares USAA MSCI International Value Momentum ETF 0.3 35 25 9.6 +37.7
VFLQ Vanguard U.S. Liquidity Factor ETF 0.3 13 47 4.6 +32.7
VDNI V-Shares US Leadership Diversity ETF 0.3 29 31 6.8 +34.9
VIDI Vident International Equity Fund 0.3 61 -1 12.5 +40.6
IQSU IQ Candriam ESG US Equity ETF 0.3 9 51 6.1 +34.2
JHML John Hancock Multifactor Large Cap ETF 0.3 29 31 6.7 +34.8
EES WisdomTree SmallCap Earnings Fund 0.3 38 22 10.6 +38.7
CGUS Capital Group Core Equity ETF 0.3 33 27 6.5 +34.6
IYK iShares U.S. Consumer Goods ETF 0.3 39 21 5.8 +33.9
VFH Vanguard Financials Index Fund 0.3 10 50 8.5 +36.6
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.3 17 43 8.1 +36.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.3 32 28 6.5 +34.6
QDYN FlexShares Quality Dividend Dynamic Index Fund 0.2 37 23 8.9 +37.0
QLC FlexShares US Quality Large Cap Index Fund 0.2 25 35 7.2 +35.3
TEMP JPMorgan Climate Change Solutions ETF 0.2 49 11 4.6 +32.7
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 19 41 7.0 +35.1
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 0.2 18 42 8.2 +36.3
JOYY Infusive Compounding Global Equities ETF 0.2 51 9 0.0 +28.1
CHIX Global X MSCI China Financials ETF 0.2 65 -5 24.3 +52.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 51 6.4 +34.5
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.2 15 45 8.3 +36.4
FIDU Fidelity MSCI Industrials Index ETF 0.2 8 52 5.9 +34.0
JHMF John Hancock Multifactor Financials ETF 0.2 40 20 8.5 +36.6
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 0.2 20 40 7.1 +35.2
HLAL Wahed FTSE USA Shariah ETF 0.2 50 10 6.1 +34.2
VIS Vanguard Industrials Index Fund 0.2 10 50 5.5 +33.6
SPDW SPDR Portfolio Developed World ex-US ETF 0.2 4 56 6.9 +35.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.2 75 -15 6.2 +34.3
FNCL Fidelity MSCI Financials Index ETF 0.2 8 52 8.5 +36.6
RESE WisdomTree Emerging Markets ESG Fund 0.2 32 28 8.1 +36.2
AIQ Global X Future Analytics Tech ETF 0.2 68 -8 5.8 +33.9
EMGF iShares MSCI Emerging Markets Multifactor ETF 0.2 45 15 11.7 +39.8
SHPP Pacer Industrials and Logistics ETF 0.2 60 0 10.1 +38.2
LRGE ClearBridge Large Cap Growth ESG ETF 0.2 59 1 4.4 +32.5
JVAL JPMorgan U.S. Value Factor ETF 0.2 12 48 9.4 +37.5
PAWZ ProShares Pet Care ETF 0.2 50 10 3.9 +32.0
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.2 39 21 7.5 +35.6
JHEM John Hancock Multifactor Emerging Markets ETF 0.2 49 11 9.1 +37.2
JEMA JPMorgan Emerging Markets Equity Core ETF 0.2 39 21 7.8 +35.9
XJH iShares ESG Screened S&P Mid-Cap ETF 0.2 12 48 7.7 +35.8
REMG SPDR Bloomberg SASB Emerging Markets ESG Select ETF 0.2 16 44 9.9 +38.0
ILCV iShares Morningstar Value ETF 0.2 4 56 7.6 +35.7
QDEF FlexShares Quality Dividend Defensive Index Fund 0.2 37 23 7.6 +35.7
FSTA Fidelity MSCI Consumer Staples Index ETF 0.2 8 52 5.6 +33.7
FAB First Trust Multi Cap Value AlphaDEX Fund 0.2 69 -9 11.1 +39.2
BKEM BNY Mellon Emerging Markets Equity ETF 0.2 11 49 8.6 +36.7
VNMC Natixis Vaughan Nelson Mid Cap ETF 0.2 85 -25 6.8 +34.9
JDIV JPMorgan U.S. Dividend ETF 0.2 12 48 0.0 +28.1
IUS Invesco Strategic US ETF 0.2 19 41 7.8 +35.9
EPS WisdomTree U.S. Earnings 500 Fund 0.2 8 52 7.8 +35.9
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 0.2 40 20 7.4 +35.5
DWMF WisdomTree International Multifactor Fund 0.1 38 22 9.3 +37.4
ONEY SPDR Russell 1000 Yield Focus ETF 0.1 20 40 10.2 +38.3
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 45 8.8 +36.9
AFSM First Trust Active Factor Small Cap ETF 0.1 75 -15 8.2 +36.3
PQIN PGIM QMA Strategic Alpha International Equity ETF 0.1 29 31 8.3 +36.4
RNLC Large Cap US Equity Select ETF 0.1 60 0 7.3 +35.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 48 6.5 +34.6
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.1 51 9 10.0 +38.1
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 0.1 15 45 6.5 +34.6
DFAT Dimensional U.S. Targeted Value ETF 0.1 29 31 8.6 +36.7
SUSL iShares ESG MSCI USA Leaders ETF 0.1 10 50 6.5 +34.6
LVHD Legg Mason Low Volatility High Dividend ETF 0.1 27 33 8.0 +36.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.1 10 50 6.4 +34.5
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.1 15 45 8.2 +36.3
IJJ iShares S&P Mid-Cap 400 Value ETF 0.1 18 42 8.2 +36.3
JMIN JPMorgan U.S. Minimum Volatility ETF 0.1 12 48 0.0 +28.1
MDYV SPDR S&P 400 Mid Cap Value ETF 0.1 15 45 8.3 +36.4
DSI iShares MSCI KLD 400 Social ETF 0.1 25 35 6.5 +34.6
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.1 25 35 8.2 +36.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 41 7.4 +35.5
ACWX iShares MSCI ACWI ex U.S. ETF 0.1 32 28 7.5 +35.6
VTV Vanguard Value Index Fund 0.1 4 56 7.7 +35.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.1 41 19 7.6 +35.7
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 40 7.1 +35.2
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 45 6.9 +35.0
QDF FlexShares Quality Dividend Index Fund 0.1 37 23 8.1 +36.2
SSLY Syntax Stratified SmallCap ETF 0.1 35 25 7.5 +35.6
RNDV US Equity Dividend Select ETF 0.1 50 10 9.3 +37.4
IXUS ishares Core MSCI Total International Stock ETF 0.1 7 53 7.4 +35.5
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 51 7.0 +35.1
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.1 30 30 6.3 +34.4
ACWF iShares MSCI Global Multifactor ETF 0.1 35 25 9.5 +37.6
RSX VanEck Russia ETF 0.1 70 -10 26.7 +54.8
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 21 7.7 +35.8
VFVA Vanguard U.S. Value Factor ETF 0.1 13 47 11.6 +39.7
JUSA JPMorgan ActiveBuilders U.S. Large Cap Equity ETF 0.1 17 43 6.6 +34.7
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 35 7.8 +35.9
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 7 53 7.6 +35.7
VSGX Vanguard ESG International Stock ETF 0.1 12 48 7.2 +35.3
TMFE Motley Fool Capital Efficiency 100 Index ETF 0.1 50 10 6.7 +34.8
DTD WisdomTree U.S.Total Dividend Fund 0.1 28 32 7.4 +35.5
VXUS Vanguard Total International Stock ETF 0.1 7 53 7.4 +35.5
JIG JPMorgan International Growth ETF 0.1 55 5 4.7 +32.8
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 1 10.8 +38.9
DHS WisdomTree U.S. High Dividend Fund 0.1 38 22 8.3 +36.4
RWK Invesco S&P MidCap 400 Revenue ETF 0.1 39 21 9.9 +38.0
CWI SPDR MSCI ACWI ex-US ETF 0.1 30 30 7.4 +35.5
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.1 29 31 7.6 +35.7
FDEM Fidelity Emerging Markets Multifactor ETF 0.1 45 15 13.2 +41.3
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.1 30 30 9.7 +37.8
PXUS Principal International Adaptive Multi-Factor ETF 0.1 24 36 7.9 +36.0
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 30 7.0 +35.1
DFAE Dimensional Emerging Core Equity Market ETF 0.1 35 25 8.9 +37.0
AVDE Avantis International Equity ETF 0.1 23 37 8.2 +36.3
IDMO Invesco S&P International Developed Momentum ETF 0.0 25 35 7.9 +36.0
ISZE iShares Edge MSCI Intl Size Factor ETF 0.0 30 30 6.4 +34.5
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 48 8.3 +36.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 31 7.6 +35.7
JHMI John Hancock Multifactor Industrials ETF 0.0 40 20 7.2 +35.3
IVLU iShares Edge MSCI Intl Value Factor ETF 0.0 30 30 10.6 +38.7
AVIV Avantis International Large Cap Value ETF 0.0 25 35 10.5 +38.6
PXH Invesco FTSE RAFI Emerging Markets ETF 0.0 50 10 12.4 +40.5
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.0 25 35 7.7 +35.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.0 45 15 9.3 +37.4
IUSG iShares Core S&P US Growth ETF 0.0 4 56 6.5 +34.6
DEW WisdomTree Global High Dividend Fund 0.0 58 2 9.8 +37.9
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 45 6.1 +34.2
REVS Columbia Research Enhanced Value ETF 0.0 19 41 9.1 +37.2
HDV iShares Core High Dividend ETF 0.0 8 52 8.4 +36.5
EFV iShares MSCI EAFE Value ETF 0.0 35 25 8.9 +37.0
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 0.0 20 40 10.9 +39.0
SPTM SPDR Portfolio Total Stock Market ETF 0.0 3 57 6.6 +34.7
IMTM iShares Edge MSCI Intl Momentum Factor ETF 0.0 30 30 7.4 +35.5
DMXF iShares ESG Advanced MSCI EAFE ETF 0.0 12 48 6.9 +35.0
IWX iShares Russell Top 200 Value ETF 0.0 20 40 7.5 +35.6
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.0 20 40 7.4 +35.5
VYM Vanguard High Dividend Yield Index ETF 0.0 6 54 7.9 +36.0
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 48 6.4 +34.5
QEFA SPDR MSCI EAFE Quality Mix ETF 0.0 30 30 6.8 +34.9
DFUV Dimensional US Marketwide Value ETF 0.0 23 37 8.5 +36.6
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.0 20 40 6.6 +34.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.0 39 21 9.4 +37.5
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.0 35 25 7.2 +35.3
EFA iShares MSCI EAFE ETF 0.0 32 28 6.8 +34.9
WKLY SoFi Weekly Dividend ETF 0.0 49 11 8.3 +36.4
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 56 6.9 +35.0
IEFA iShares Core MSCI EAFE ETF 0.0 7 53 6.9 +35.0
IUSV iShares Core S&P U.S. Value ETF 0.0 4 56 7.1 +35.2
DUHP Dimensional US High Profitability ETF 0.0 22 38 8.2 +36.3
DFIC Dimensional International Core Equity 2 ETF 0.0 23 37 7.1 +35.2
AVES Avantis Emerging Markets Value ETF 0.0 36 24 15.0 +43.1
JHMD John Hancock Multifactor Developed International ETF 0.0 39 21 7.6 +35.7
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 40 6.2 +34.3
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.0 31 29 9.2 +37.3
VEA Vanguard FTSE Developed Markets ETF 0.0 5 55 7.2 +35.3

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

  2017 2018 2019 2020 2021 2022E 2023E
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
  2021 2022E 2023E
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 -229.9 %
Divided by: Fwd. P/BV 8.4 x
Less: Expense ratio 60 bp
Equals: ALTAR Score -28.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.45 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.