Renaissance IPO ETF
ALTAR
Score™		 2.7% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 28.8x P/Sales
ratio		 4.4x
P/BV
ratio		 5.2x Div.
yield		 0.8%


  • 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) $150
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 40
Wgt avg mkt cap (mns) $26,185
Large cap (>$10bn) 61.3%
Mid cap ($2-10bn) 21.0%
Small cap (<$2bn) 0.0%
Developed mkts 86.9%
Emerging mkts 13.1%

TOP TEN HOLDINGS
REDDIT INC-CL A 10.3 %
KENVUE, INC. 10.0 %
COREWEAVE INC-CL A 8.8 %
ASTERA LABS INC 8.4 %
ARM HOLDINGS PLC 5.4 %
NEXTRACKER, INC. CLASS A 5.0 %
VIKING HOLDINGS LTD 4.7 %
RUBRIK INC-A 4.0 %
AMERICAN HEALTHC 3.4 %
INSTACART (MAPLEBEAR) 3.3 %
Total 63.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 68.1 %
BRITAIN 5.4 %
KAZAKHSTAN 3.1 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
4.8% 4.8% -6.7% 8.4% 7.1%

Market Correlations
versus... Beta R-squared
S&P500 1.43 72%
MSCI EAFE 1.32 44%
MSCI Emg. Mkts. 1.33 51%

Technical Indicators
Recent close $48.42
30d moving avg. $46.76
Annualized volatility 27.5%
Short interest (ETF) 5.6%
Short interest (Underlying) 6.1%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 42
Turnover 1.4%
Bid/Ask (% of price) 0.09%
ADV underlying (mns) $1,335

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 498 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™: 2.7%


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
(%)
LOUP Innovator Deepwater Frontier Tech ETF 11.9 70 -10 0.6 -2.0
SOCL Global X Social Media ETF 9.0 65 -5 8.8 +6.1
SPRX Spear Alpha ETF 8.4 75 -15 -0.4 -3.0
FPXE First Trust IPOX Europe Equity Opportunities ETF 8.4 70 -10 3.3 +0.6
SMHX VanEck Fabless Semiconductor ETF 8.2 35 25 2.6 -0.1
FPX First Trust US Equity Opportunities ETF 7.5 61 -1 0.8 -1.9
TMAT Main Thematic Innovation ETF 6.7 164 -104 -1.5 -4.2
FPXI First Trust International Equity Opportunities ETF 6.7 70 -10 3.5 +0.8
NBDS Neuberger Berman Disrupters ETF 5.9 55 5 0.5 -2.1
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 5.6 49 11 3.9 +1.3
SKYY First Trust Cloud Computing ETF 5.3 60 0 2.5 -0.1
ARKW ARK Next Generation Internet ETF 5.1 87 -27 0.6 -2.0
CHAT Roundhill Generative AI & Technology ETF 5.0 75 -15 6.2 +3.5
TAN Invesco Solar ETF 5.0 67 -7 5.0 +2.3
VCLN Virtus Duff & Phelps Clean Energy ETF 5.0 59 1 3.7 +1.0
CTEC Global X CleanTech ETF 5.0 50 10 0.6 -2.0
ICLN iShares Global Clean Energy ETF 5.0 41 19 2.8 +0.2
CHPX Global X AI Semiconductor & Quantum ETF 4.9 50 10 2.5 -0.1
ACES ALPS Clean Energy ETF 4.9 55 5 -2.4 -5.1
BEDZ AdvisorShares Hotel ETF 4.7 100 -40 5.9 +3.3
BUG Global X Cybersecurity ETF 4.4 51 9 2.5 -0.1
BPAY BlackRock Future Financial and Technology ETF 4.4 70 -10 5.6 +2.9
ETEC iShares Breakthrough Environmental Solutions ETF 4.4 47 13 3.0 +0.4
TIME Clockwise Core Equity & Innovation ETF 4.3 95 -35 3.2 +0.5
BOUT Innovator IBD Breakout Opportunities ETF 4.3 81 -21 4.5 +1.9
HEAL Global X HealthTech ETF 4.2 50 10 -1.5 -4.2
WCBR WisdomTree Cybersecurity Fund 4.0 45 15 1.8 -0.9
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 4.0 60 0 2.7 +0.0
WAR U.S. Global Tech and Aerospace & Defense ETF 4.0 60 0 4.5 +1.9
DAT ProShares Big Data Refiners ETF 4.0 58 2 2.1 -0.5
MVAL VanEck Morningstar Wide Moat Value ETF 3.9 49 11 6.0 +3.3
SFYX SoFi Next 500 ETF 3.9 0 60 5.0 +2.3
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 3.7 58 2 -1.8 -4.5
USRD Themes US R&D Champions ETF 3.7 29 31 3.9 +1.3
FCLD Fidelity Cloud Computing ETF 3.7 39 21 2.8 +0.1
FLV American Century Focused Large Cap Value ETF 3.5 42 18 6.1 +3.5
CBSE Clough Select Equity ETF 3.4 85 -25 0.9 -1.8
FDCF Fidelity Disruptive Communications ETF 3.3 50 10 3.3 +0.6
XDAT Franklin Exponential Data ETF 3.3 50 10 1.9 -0.7
LRNZ TrueShares Technology, AI & Deep Learning ETF 3.3 69 -9 -0.7 -3.4
TRFK Pacer Data and Digital Revolution ETF 3.3 60 0 2.6 -0.0
FRNW Fidelity Clean Energy ETF 3.3 39 21 2.1 -0.6
CIBR First Trust NASDAQ Cybersecurity ETF 3.3 60 0 3.6 +0.9
QTUM Defiance Quantum ETF 3.2 40 20 4.2 +1.6
SCDV Bahl & Gaynor Small Cap Dividend ETF 3.2 70 -10 4.1 +1.5
TRFM AAM Transformers ETF 3.1 49 11 0.9 -1.7
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 3.1 86 -26 0.4 -2.3
OGIG ALPS O'Shares Global Internet Giants ETF 3.1 48 12 1.8 -0.9
SPAM Themes Cybersecurity ETF 2.9 35 25 2.4 -0.2
ICAP InfraCap Equity Income Fund ETF 2.9 171 -111 3.8 +1.2
AIS VistaShares Artificial Intelligence Supercycle ETF 2.9 75 -15 2.0 -0.7
ARKK ARK Innovation ETF 2.9 75 -15 -2.8 -5.4
DIVZ TrueShares Low Volatility Equity Income ETF 2.9 65 -5 6.0 +3.3
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 2.8 95 -35 -0.5 -3.1
CNRG State Street SPDR S&P Kensho Clean Power ETF 2.8 45 15 1.5 -1.2
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 2.7 65 -5 1.6 -1.1
HYP Golden Eagle Dynamic Hypergrowth ETF 2.6 85 -25 -1.1 -3.8
FXL First Trust Technology AlphaDEX Fund 2.5 61 -1 4.8 +2.1
FFTY Innovator IBD 50 ETF 2.5 80 -20 -1.8 -4.4
METV Roundhill Ball Metaverse ETF 2.4 59 1 7.5 +4.8
SAMT Strategas Macro Thematic Opportunities ETF 2.4 65 -5 2.1 -0.6
PSC Principal U.S. Small-Cap ETF 2.4 38 22 5.9 +3.2
OSCV Opus Small Cap Value ETF 2.4 79 -19 6.3 +3.6
HELX Franklin Genomic Advancements ETF 2.4 50 10 -0.4 -3.0
RSPS Invesco S&P 500 Equal Weight Consumer Staples ETF 2.3 40 20 6.9 +4.2
TOGA Tremblant Global ETF 2.3 69 -9 1.2 -1.4
MOAT VanEck Morningstar Wide Moat ETF 2.3 46 14 5.3 +2.6
XLP The Consumer Staples Select Sector SPDR Fund 2.2 8 52 5.7 +3.1
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.2 57 3 3.2 +0.6
SAMM Strategas Macro Momentum ETF 2.1 66 -6 1.8 -0.8
RITA ETFB Green SRI REITs ETF 2.1 50 10 5.5 +2.9
ERTH Invesco MSCI Sustainable Future ETF 2.0 62 -2 3.1 +0.4
FILL iShares MSCI Global Energy Producers ETF 2.0 39 21 5.3 +2.7
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.0 39 21 1.3 -1.4
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.9 58 2 3.9 +1.3
IVES Wedbush ETFMG Global Cloud Technology ETF 1.9 68 -8 4.7 +2.1
XITK State Street SPDR FactSet Innovative Technology ETF 1.9 45 15 0.7 -2.0
SMOG VanEck Low Carbon Energy ETF 1.9 61 -1 1.4 -1.2
SDOG ALPS Sector Dividend Dogs ETF 1.9 36 24 8.7 +6.0
TMFX Motley Fool Next Index ETF 1.9 50 10 2.6 -0.0
XHS State Street SPDR S&P Health Care Services ETF 1.9 35 25 3.6 +0.9
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 1.9 55 5 3.4 +0.8
SFYF SoFi Social 50 ETF 1.9 29 31 0.9 -1.8
AIPO Defiance AI & Power Infrastructure ETF 1.8 69 -9 0.9 -1.7
NUMV Nuveen ESG Mid-Cap Value ETF 1.8 31 29 6.1 +3.4
PBW Invesco WilderHill Clean Energy ETF 1.8 66 -6 -2.9 -5.5
QDIV Global X S&P 500 Quality Dividend ETF 1.8 20 40 8.1 +5.5
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.8 30 30 5.7 +3.1
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.8 70 -10 1.7 -1.0
AIRR First Trust RBA American Industrial Renaissance ETF 1.7 70 -10 3.8 +1.2
MISL First Trust Indxx Aerospace & Defense ETF 1.7 60 0 1.3 -1.4
CSMD Congress SMid Growth ETF 1.7 69 -9 3.2 +0.5
BITQ Bitwise Crypto Industry Innovators ETF 1.7 85 -25 -1.9 -4.6
ARKF ARK Fintech Innovation ETF 1.7 75 -15 0.1 -2.6
DAPP VanEck Digital Transformation ETF 1.7 50 10 0.0 -2.7
FINX Global X FinTech ETF 1.7 68 -8 2.5 -0.2
FMKT The Free Markets ETF 1.7 76 -16 3.9 +1.2
DTEC ALPS Disruptive Technologies ETF 1.7 50 10 3.3 +0.6
ABFL Abacus FCF Leaders ETF 1.7 59 1 3.8 +1.1
FSMD Fidelity Small-Mid Multifactor ETF 1.7 15 45 6.1 +3.4
SATO Invesco Alerian Galaxy Crypto Economy ETF 1.7 61 -1 -0.6 -3.3
GTEK Goldman Sachs Future Tech Leaders Equity ETF 1.7 75 -15 2.3 -0.4
VERS ProShares Metaverse ETF 1.7 58 2 0.1 -2.6
IQM Franklin Intelligent Machines ETF 1.6 50 10 1.5 -1.2
SDY State Street SPDR S&P Dividend ETF 1.6 35 25 6.2 +3.5
ABLG Abacus FCF International Leaders ETF 1.6 59 1 5.6 +3.0
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.6 35 25 5.6 +2.9
XMHQ Invesco S&P MidCap Quality ETF 1.6 25 35 5.6 +2.9
FDHT Fidelity Digital Health ETF 1.6 39 21 1.3 -1.3
FMED Fidelity Disruptive Medicine ETF 1.6 50 10 -0.6 -3.3
FBCG Fidelity Blue Chip Growth ETF 1.6 59 1 2.2 -0.5
IYK iShares U.S. Consumer Staples ETF 1.6 40 20 6.1 +3.4
VOX Vanguard Communication Services ETF 1.5 9 51 4.2 +1.5
HTEC ROBO Global Healthcare Technology and Innovation ETF 1.5 68 -8 1.7 -1.0
AFMC First Trust Active Factor Mid Cap ETF 1.5 65 -5 7.0 +4.4
ABLS Abacus FCF Small Cap Leaders ETF 1.4 59 1 5.2 +2.5
SOXQ Invesco PHLX Semiconductor ETF 1.4 19 41 3.0 +0.3
SHLD Global X Defense Tech ETF 1.4 50 10 2.3 -0.4
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.4 7 53 5.0 +2.3
FXD First Trust Consumer Discretionary AlphaDEX Fund 1.4 61 -1 6.1 +3.5
BLDG Cambria Global Real Estate ETF 1.4 60 0 11.0 +8.4
FCOM Fidelity MSCI Communication Services Index ETF 1.4 8 52 4.1 +1.4
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.3 45 15 2.1 -0.6
JSML Janus Henderson Small Cap Growth Alpha ETF 1.3 30 30 7.0 +4.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.3 64 -4 0.9 -1.8
WCLD WisdomTree Cloud Computing Fund 1.3 45 15 1.5 -1.2
FSTA FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF 1.3 8 52 5.5 +2.8
DTCR Global X Data Center & Digital Infrastructure ETF 1.3 50 10 3.1 +0.4
FXG First Trust Consumer Staples AlphaDEX Fund 1.2 63 -3 8.2 +5.6
FTC First Trust Large Cap Growth AlphaDEX Fund 1.2 59 1 1.6 -1.1
PTL Inspire 500 ETF 1.2 9 51 4.7 +2.0
AIVC Amplify Bloomberg AI Value Chain ETF 1.2 59 1 4.3 +1.7
BBH VanEck Biotech ETF 1.2 35 25 4.4 +1.7
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 1.2 86 -26 11.5 +8.9
SIXG Defiance Connective Technologies ETF 1.2 30 30 3.4 +0.8
VDC Vanguard Consumer Staples ETF 1.2 9 51 5.5 +2.8
AFSM First Trust Active Factor Small Cap ETF 1.2 75 -15 6.5 +3.8
JMOM JPMorgan U.S. Momentum Factor ETF 1.2 12 48 3.8 +1.2
CCSO Carbon Collective Climate Solutions US Equity ETF 1.2 35 25 1.1 -1.6
GXPS Global X PureCap MSCI Consumer Staples ETF 1.1 25 35 4.8 +2.1
DVLU First Trust Dorsey Wright Momentum & Value ETF 1.1 60 0 5.3 +2.6
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.1 61 -1 1.7 -0.9
BLOK Amplify Transformational Data Sharing ETF 1.1 75 -15 0.3 -2.4
UFO Procure Space ETF 1.1 75 -15 0.0 -2.6
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.1 25 35 6.9 +4.3
OPTZ Optimize Strategy Index ETF 1.1 50 10 4.2 +1.5
FDG American Century Focused Dynamic Growth ETF 1.1 45 15 1.6 -1.1
WDNA WisdomTree BioRevolution Fund 1.1 45 15 -2.0 -4.6
STXM Strive Mid-Cap ETF 1.0 18 42 5.4 +2.8
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 1.0 9 51 5.4 +2.7
NUSC Nuveen ESG Small-Cap ETF 1.0 31 29 4.5 +1.9
REAI Intelligent Real Estate ETF 1.0 59 1 14.3 +11.6
CLOD Themes Cloud Computing ETF 1.0 35 25 2.9 +0.2
IWP iShares Russell Mid-Cap Growth ETF 1.0 23 37 2.6 -0.1
SHOC Strive U.S. Semiconductor ETF Strive U.S. Semiconductor ETF 1.0 40 20 2.3 -0.3
HGRO Hedgeye Quality Growth ETF 1.0 70 -10 2.9 +0.2
CHGX AXS Change Finance ESG ETF 1.0 49 11 4.4 +1.7
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.0 29 31 7.0 +4.3
RSSL Global X Russell 2000 ETF 1.0 8 52 3.1 +0.5
VFMO Vanguard U.S. Momentum Factor ETF 1.0 13 47 2.5 -0.2
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.0 35 25 3.6 +1.0
SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF 0.9 7 53 10.1 +7.5
TPHD Timothy Plan High Dividend Stock ETF 0.9 52 8 6.5 +3.8
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.9 4 56 5.1 +2.4
VAMO Cambria Value & Momentum ETF 0.9 61 -1 5.4 +2.8
IWO iShares Russell 2000 Growth ETF 0.9 24 36 0.6 -2.0
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.9 30 30 7.0 +4.3
ROSC Hartford Multifactor Small Cap ETF 0.9 34 26 8.0 +5.3
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 0.9 15 45 3.4 +0.7
VBK Vanguard Small-Cap Growth ETF 0.9 7 53 1.5 -1.2
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF 0.9 38 22 7.2 +4.5
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF 0.9 35 25 7.2 +4.5
BYRE Principal Real Estate Active Opportunities ETF 0.9 65 -5 6.4 +3.7
KXI iShares Global Consumer Staples ETF 0.9 41 19 5.2 +2.6
MOTG VanEck Morningstar Global Wide Moat ETF 0.9 52 8 8.6 +5.9
CLNR IQ Cleaner Transport ETF 0.9 45 15 4.9 +2.2
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.8 10 50 7.8 +5.1
FLDZ RiverNorth Patriot ETF 0.8 75 -15 5.6 +3.0
EZM WisdomTree U.S. MidCap Fund 0.8 38 22 7.6 +4.9
SMLF iShares U.S. SmallCap Equity Factor ETF 0.8 15 45 5.2 +2.6
FEX First Trust Large Cap Core AlphaDEX Fund 0.8 59 1 5.1 +2.4
FDN First Trust Dow Jones Internet Index Fund 0.8 52 8 2.5 -0.1
FDND FT Vest Dow Jones Internet & Target Income ETF 0.8 75 -15 2.3 -0.3
STXK Strive Small-Cap ETF 0.8 18 42 5.3 +2.6
VTWG Vanguard Russell 2000 Growth ETF 0.7 10 50 0.8 -1.9
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.7 65 -5 1.7 -0.9
JHMM John Hancock Multifactor Mid Cap ETF 0.7 42 18 5.4 +2.8
BFOR ALPS Barron's 400 ETF 0.7 65 -5 4.9 +2.2
FNX First Trust Mid Cap Core AlphaDEX Fund 0.7 60 0 5.9 +3.3
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -29 4.2 +1.5
FRI First Trust S&P REIT Index Fund 0.7 50 10 7.2 +4.5
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF 0.7 50 10 7.7 +5.0
DFAR Dimensional US Real Estate ETF 0.7 19 41 7.9 +5.2
YNOT Horizon Digital Frontier ETF 0.7 75 -15 2.4 -0.2
IHF iShares U.S. Healthcare Providers ETF 0.7 40 20 7.2 +4.6
VUSE Vident U.S. Equity Strategy ETF 0.7 50 10 3.5 +0.8
NULV Nuveen ESG Large-Cap Value ETF 0.7 26 34 5.5 +2.9
AVRE Avantis Real Estate ETF 0.7 17 43 7.0 +4.3
JHSC John Hancock Multifactor Small Cap ETF 0.7 42 18 5.8 +3.1
GVLU Gotham 1000 Value ETF 0.6 50 10 8.2 +5.5
TPHE Timothy Plan High Dividend Stock Enhanced ETF 0.6 54 6 6.5 +3.9
ANEW ProShares MSCI Transformational Changes ETF 0.6 45 15 4.5 +1.9
NANC Unusual Whales Subversive Democratic Trading ETF 0.6 75 -15 2.8 +0.1
MADE iShares U.S. Manufacturing ETF 0.6 40 20 4.0 +1.4
SMOT VanEck Morningstar SMID Moat ETF 0.6 49 11 5.8 +3.1
FYC First Trust Small Cap Growth AlphaDEX Fund 0.6 71 -11 -1.3 -4.0
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.6 60 0 4.1 +1.4
FCPI Fidelity Stocks for Inflation ETF 0.6 15 45 6.9 +4.2
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.6 15 45 7.0 +4.3
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 0.6 59 1 5.3 +2.7
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.6 9 51 3.5 +0.8
VXF Vanguard Extended Market ETF 0.6 5 55 3.9 +1.2
VOE Vanguard Mid-Cap Value ETF 0.6 7 53 6.9 +4.3
FESM Fidelity Enhanced Small Cap ETF 0.6 28 32 2.8 +0.1
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.6 68 -8 5.8 +3.1
IGPT Invesco AI and Next Gen Software ETF 0.6 60 0 3.3 +0.6
BKSE BNY Mellon US Small Cap Core Equity ETF 0.6 4 56 5.1 +2.4
IJT iShares S&P Small-Cap 600 Growth ETF 0.6 18 42 4.6 +2.0
IWM iShares Russell 2000 ETF 0.6 19 41 3.1 +0.5
FSST Fidelity Sustainable U.S. Equity ETF 0.6 59 1 3.6 +1.0
LFSC F/m Emerald Life Sciences Innovation ETF 0.6 79 -19 0.0 -2.7
IJK iShares S&P Mid-Cap 400 Growth ETF 0.6 17 43 4.8 +2.2
RBLD First Trust Alerian US NextGen Infrastructure ETF 0.6 65 -5 4.3 +1.7
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.5 20 40 4.7 +2.1
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 0.5 15 45 4.7 +2.0
PPTY US Diversified Real Estate ETF 0.5 53 7 7.8 +5.2
KNCT Invesco Next Gen Connectivity ETF 0.5 40 20 3.9 +1.3
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.5 52 8 4.9 +2.3
FREL Fidelity MSCI Real Estate Index ETF 0.5 8 52 7.3 +4.6
BMED Future Health ETF 0.5 85 -25 0.2 -2.5
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.5 15 45 4.9 +2.2
VO Vanguard Mid-Cap ETF 0.5 4 56 5.3 +2.6
VTWO Vanguard Russell 2000 ETF 0.5 7 53 3.3 +0.6
BUZZ VanEck Social Sentiment ETF 0.5 75 -15 -0.8 -3.4
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.5 15 45 5.2 +2.6
IWR iShares Russell Midcap ETF 0.5 19 41 5.4 +2.8
AVMC Avantis U.S. Mid Cap Equity ETF 0.5 18 42 5.9 +3.3
IMCG iShares Morningstar Mid-Cap Growth ETF 0.5 6 54 3.6 +0.9
XJH iShares ESG Screened S&P Mid-Cap ETF 0.5 12 48 6.2 +3.5
AVMV Avantis U.S. Mid Cap Value ETF 0.5 20 40 7.6 +4.9
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.5 20 40 5.6 +2.9
AIQ Global X Artificial Intelligence & Technology ETF 0.5 68 -8 2.9 +0.2
FXH First Trust Health Care AlphaDEX Fund 0.5 62 -2 6.9 +4.2
DSMC Distillate Small/Mid Cash Flow ETF 0.5 55 5 11.2 +8.6
IMCB iShares Morningstar Mid-Cap ETF 0.4 4 56 5.5 +2.8
SOXX iShares Semiconductor ETF 0.4 35 25 3.1 +0.4
VB Vanguard Small-Cap ETF 0.4 5 55 5.3 +2.6
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.4 24 36 7.4 +4.7
SSPY Syntax Stratified LargeCap ETF 0.4 30 30 6.0 +3.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.4 39 21 4.3 +1.7
EQAL Invesco Russell 1000 Equal Weight ETF 0.4 20 40 6.4 +3.7
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.4 43 17 5.1 +2.5
MDY SPDR S&P Midcap 400 ETF Trust 0.4 24 36 6.1 +3.4
IJH iShares Core S&P Mid-Cap ETF 0.4 5 55 6.3 +3.6
FDMO Fidelity Momentum Factor ETF 0.4 15 45 3.0 +0.3
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 0.4 11 49 7.6 +5.0
IMCV iShares Morningstar Mid-Cap Value ETF 0.4 6 54 7.3 +4.6
FVD First Trust Value Line Dividend Index Fund 0.4 65 -5 5.7 +3.1
TPSC Timothy Plan US Small Cap Core ETF 0.4 52 8 6.2 +3.5
IVOO Vanguard S&P Mid-Cap 400 ETF 0.4 7 53 6.3 +3.6
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.4 3 57 6.3 +3.6
SIZE iShares MSCI USA Size Factor ETF 0.4 15 45 5.5 +2.8
DFAS Dimensional U.S. Small Cap ETF 0.4 26 34 5.8 +3.1
EUSA iShares MSCI USA Equal Weighted ETF 0.4 9 51 5.5 +2.8
VOT Vanguard Mid-Cap Growth ETF 0.4 7 53 3.0 +0.3
DFGR Dimensional Global Real Estate ETF 0.4 22 38 7.4 +4.8
LRND IQ U.S. Large Cap R&D Leaders ETF 0.4 14 46 4.3 +1.6
GXPC Global X PureCap MSCI Communication Services ETF 0.4 25 35 3.8 +1.1
SIXL ETC 6 Meridian Low Beta Equity ETF 0.4 80 -20 5.7 +3.1
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.4 15 45 6.3 +3.7
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 42 7.0 +4.3
JPSV JPMorgan Active Small Cap Value ETF 0.4 74 -14 7.7 +5.0
HDUS Hartford Disciplined US Equity ETF 0.4 19 41 4.9 +2.3
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.4 40 20 3.1 +0.4
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.4 10 50 8.6 +5.9
ISCG iShares Morningstar Small-Cap Growth ETF 0.4 6 54 2.5 -0.2
NATO Themes Transatlantic Defense ETF 0.4 35 25 1.6 -1.1
DFLV Dimensional US Large Cap Value ETF 0.4 22 38 6.5 +3.9
ROUS Hartford Multifactor US Equity ETF 0.4 19 41 6.0 +3.4
FTXH First Trust Nasdaq Pharmaceuticals ETF 0.4 60 0 6.9 +4.3
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.4 35 25 6.3 +3.7
SPHQ Invesco S&P 500 Quality ETF 0.3 15 45 4.6 +1.9
QNXT iShares Nasdaq-100 ex Top 30 ETF 0.3 20 40 4.2 +1.5
CFA VictoryShares US 500 Volatility Wtd ETF 0.3 35 25 5.3 +2.6
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.3 40 20 5.2 +2.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 39 3.0 +0.4
BIBL Inspire 100 ETF 0.3 35 25 4.4 +1.7
IWS iShares Russell Mid-Cap Value ETF 0.3 23 37 6.3 +3.6
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.3 40 20 4.2 +1.5
AIEQ AI Powered Equity ETF 0.3 75 -15 4.0 +1.3
SFY SoFi Select 500 ETF 0.3 0 60 3.8 +1.1
FTEC Fidelity MSCI Information Technology Index ETF 0.3 8 52 3.2 +0.6
ULVM VictoryShares US Value Momentum ETF 0.3 20 40 6.5 +3.9
AVLV Avantis U.S. Large Cap Value ETF 0.3 15 45 6.6 +3.9
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.3 12 48 3.6 +0.9
DFUV Dimensional US Marketwide Value ETF 0.3 22 38 6.4 +3.8
FTXL First Trust Nasdaq Semiconductor ETF 0.3 60 0 3.4 +0.7
FYX First Trust Small Cap Core AlphaDEX Fund 0.3 61 -1 5.0 +2.3
IJJ iShares S&P Mid-Cap 400 Value ETF 0.3 18 42 7.6 +5.0
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.3 17 43 5.2 +2.6
IJR iShares Core S&P Small Cap ETF 0.3 6 54 6.7 +4.0
JQUA JPMorgan U.S. Quality Factor ETF 0.3 12 48 5.0 +2.4
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.3 9 51 4.6 +1.9
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 0.3 15 45 7.7 +5.0
QGRO American Century U.S. Quality Growth ETF 0.3 29 31 3.0 +0.4
JGRO JPMorgan Active Growth ETF 0.3 44 16 2.8 +0.2
BLES Inspire Global Hope ETF 0.3 61 -1 6.1 +3.4
FIDU Fidelity MSCI Industrial Index ETF 0.3 8 52 3.7 +1.0
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 0.3 3 57 6.7 +4.1
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.3 24 36 6.5 +3.8
VIOO Vanguard S&P Small-Cap 600 ETF 0.3 7 53 6.7 +4.1
VEGN US Vegan Climate ETF 0.3 60 0 3.8 +1.1
XMAG Defiance Large Cap ex-Mag 7 ETF 0.3 35 25 4.5 +1.8
ISCB iShares Morningstar Small-Cap ETF 0.3 4 56 5.1 +2.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 49 4.2 +1.5
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 42 4.5 +1.8
FMDE Fidelity Enhanced Mid Cap ETF 0.3 23 37 5.2 +2.5
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.3 58 2 5.0 +2.4
VALQ American Century U.S. Quality Value ETF 0.3 29 31 6.7 +4.0
VFQY Vanguard U.S. Quality Factor ETF 0.3 13 47 5.3 +2.6
STXG Strive 1000 Growth ETF 0.2 18 42 3.1 +0.5
GXLC Global X U.S. 500 ETF 0.2 2 58 4.1 +1.5
PRXG Praxis Impact Large Cap Growth ETF 0.2 36 24 2.8 +0.1
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.2 20 40 2.6 -0.1
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.2 15 45 4.2 +1.5
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 60 4.2 +1.6
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 45 5.0 +2.3
TMFC Motley Fool 100 Index ETF 0.2 50 10 2.9 +0.2
STRV Strive 500 ETF 0.2 5 55 4.1 +1.4
FFLC Fidelity Fundamental Large Cap Core ETF 0.2 38 22 3.8 +1.2
VIS Vanguard Industrials ETF 0.2 9 51 3.7 +1.1
IYW iShares U.S. Technology ETF 0.2 40 20 3.1 +0.4
USMF WisdomTree U.S. Multifactor Fund 0.2 28 32 6.4 +3.7
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.2 10 50 4.5 +1.8
FHLC Fidelity MSCI Health Care Index ETF 0.2 8 52 5.0 +2.4
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 17 43 4.7 +2.0
DXUV Dimensional US Vector Equity ETF 0.2 28 32 5.2 +2.6
CRTC Xtrackers US National Critical Technologies ETF 0.2 35 25 4.1 +1.4
DFAU Dimensional US Core Equity Market ETF 0.2 12 48 4.3 +1.7
TOV JLens 500 Jewish Advocacy U.S. ETF 0.2 18 42 4.0 +1.3
XOEF iShares S&P 500 ex S&P 100 ETF 0.2 20 40 4.8 +2.2
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.2 25 35 4.7 +2.0
POW VistaShares Electrification Supercycle ETF 0.2 75 -15 3.0 +0.3
IGM iShares Expanded Tech Sector ETF 0.2 41 19 2.9 +0.2
DCOR Dimensional US Core Equity 1 ETF 0.2 14 46 4.6 +2.0
VTWV Vanguard Russell 2000 Value ETF 0.2 10 50 5.8 +3.2
IWN iShares Russell 2000 Value ETF 0.2 24 36 5.8 +3.1
VFMF Vanguard U.S. Multifactor ETF 0.2 18 42 6.7 +4.0
GXPT Global X PureCap MSCI Information Technology ETF 0.2 25 35 3.3 +0.6
PGJ Invesco Golden Dragon China ETF 0.2 70 -10 11.8 +9.2
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.2 72 -12 -1.3 -3.9
FBOT Fidelity Disruptive Automation ETF 0.2 50 10 2.7 +0.1
ARKQ ARK Autonomous Technology & Robotics ETF 0.2 75 -15 0.8 -1.9
CARZ First Trust NASDAQ Global Auto Index Fund 0.2 70 -10 3.4 +0.7
BOTZ Global X Robotics & Artificial Intelligence ETF 0.2 69 -9 1.7 -1.0
WISE Themes Generative Artificial Intelligence ETF 0.2 35 25 -0.4 -3.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 21 2.7 +0.0
DFUS Dimensional U.S. Equity ETF 0.2 9 51 4.1 +1.4
VOTE TCW Transform 500 ETF 0.2 5 55 4.2 +1.5
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 40 5.9 +3.2
FTA First Trust Large Cap Value AlphaDEX Fund 0.2 59 1 7.8 +5.2
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.2 10 50 4.8 +2.1
GLBL Pacer MSCI World Industry Advantage ETF 0.2 65 -5 3.4 +0.8
JHML John Hancock Multifactor Large Cap ETF 0.2 29 31 4.6 +2.0
ISCV iShares Morningstar Small Cap Value ETF 0.2 6 54 7.5 +4.9
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.2 60 0 3.3 +0.6
LRGF iShares U.S. Equity Factor ETF 0.2 8 52 4.7 +2.0
STXV Strive 1000 Value ETF 0.2 18 42 7.2 +4.5
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 21 8.2 +5.5
MODL VictoryShares WestEnd U.S. Sector ETF 0.2 42 18 3.9 +1.3
RAFE PIMCO RAFI ESG U.S. ETF 0.2 29 31 6.1 +3.4
GVUS Marketbeta Russell 1000 Value Equity ETF 0.2 12 48 5.7 +3.1
VYM Vanguard High Dividend Yield Index ETF 0.1 6 54 6.3 +3.6
XT iShares Exponential Technologies ETF 0.1 46 14 4.1 +1.5
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.1 12 48 6.5 +3.8
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 42 5.6 +2.9
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 28 4.3 +1.6
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 51 4.1 +1.4
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 0.1 5 55 7.2 +4.5
VTV Vanguard Value ETF 0.1 4 56 6.0 +3.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 53 4.1 +1.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 58 4.3 +1.6
CALF Pacer US Small Cap Cash Cows 100 ETF 0.1 59 1 9.1 +6.5
AVUS Avantis U.S. Equity ETF 0.1 15 45 4.9 +2.3
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.1 35 25 5.7 +3.1
IETC iShares U.S. Tech Independence Focused ETF 0.1 18 42 2.8 +0.1
IUSV iShares Core S&P US Value ETF 0.1 4 56 5.7 +3.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 27 8.1 +5.4
AVUQ Avantis U.S. Quality ETF 0.1 15 45 3.5 +0.8
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 51 4.5 +1.8
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 57 4.2 +1.5
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 43 6.0 +3.4
VTI Vanguard Total Stock Market ETF 0.1 3 57 4.2 +1.5
VOOV Vanguard S&P 500 Value ETF 0.1 7 53 5.5 +2.9
IWV iShares Russell 3000 ETF 0.1 20 40 4.0 +1.4
IYY iShares Dow Jones U.S. ETF 0.1 20 40 4.1 +1.4
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 32 8.9 +6.2
IVE iShares S&P 500 Value ETF 0.1 18 42 5.4 +2.7
SPYV State Street SPDR Portfolio S&P 500 Value ETF 0.1 4 56 5.5 +2.9
HLAL Wahed FTSE USA Shariah ETF 0.1 50 10 3.9 +1.2
VTHR Vanguard Russell 3000 ETF 0.1 7 53 4.2 +1.5
AFLG First Trust Active Factor Large Cap ETF 0.1 55 5 5.4 +2.7
QQQ Invesco QQQ Trust Series I 0.1 20 40 3.3 +0.7
QQQM Invesco NASDAQ 100 ETF 0.1 15 45 3.4 +0.7
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.1 9 51 4.1 +1.5
DON WisdomTree U.S. MidCap Dividend Fund 0.1 38 22 8.2 +5.5
MTUM iShares MSCI USA Momentum Factor ETF 0.1 15 45 2.6 -0.0
DFVX Dimensional US Large Cap Vector ETF 0.1 22 38 5.3 +2.6
ILCG iShares Morningstar Growth ETF 0.1 4 56 3.0 +0.3
IWD iShares Russell 1000 Value ETF 0.1 19 41 5.6 +2.9
VONV Vanguard Russell 1000 Value ETF 0.1 7 53 5.7 +3.1
VBR Vanguard Small Cap Value ETF 0.1 7 53 7.9 +5.2
ESGU iShares ESG Aware MSCI USA ETF 0.1 15 45 4.1 +1.5
SUSL iShares ESG MSCI USA Leaders ETF 0.1 10 50 4.1 +1.4
IWF iShares Russell 1000 Growth ETF 0.1 19 41 3.2 +0.5
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 31 3.8 +1.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.1 10 50 4.1 +1.5
RVRB Reverb ETF 0.1 30 30 3.9 +1.3
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 57 4.1 +1.5
EPS WisdomTree U.S. LargeCap Fund 0.1 8 52 4.9 +2.3
IWB iShares Russell 1000 ETF 0.1 15 45 4.1 +1.5
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.1 45 15 3.6 +0.9
DIVN Horizon Dividend Income ETF 0.1 70 -10 6.7 +4.1
PRXV Praxis Impact Large Cap Value ETF 0.1 36 24 5.9 +3.2
VONE Vanguard Russell 1000 ETF 0.1 7 53 4.2 +1.6
ILCV iShares Morningstar Value ETF 0.1 4 56 5.6 +2.9
VONG Vanguard Russell 1000 Growth ETF 0.1 7 53 3.4 +0.8
SPXT ProShares S&P 500 Ex-Technology ETF 0.1 9 51 4.8 +2.2
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.1 35 25 5.0 +2.3
BCDF Horizon Kinetics Blockchain Development ETF 0.1 85 -25 3.8 +1.1
APUE ActivePassive U.S. Equity ETF 0.1 45 15 3.9 +1.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 40 4.7 +2.1
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.1 8 52 4.2 +1.6
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 67 -7 8.8 +6.1
APIE ActivePassive International Equity ETF 0.1 45 15 6.4 +3.7
VV Vanguard Large-Cap ETF 0.1 4 56 4.1 +1.5
RAYD Rayliant Quantitative Developed Market Equity ETF 0.1 80 -20 4.4 +1.8
WRND IQ Global Equity R&D Leaders ETF 0.1 18 42 6.5 +3.9
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 53 4.4 +1.8
VUG Vanguard Growth ETF 0.1 4 56 3.3 +0.6
KLMN Invesco MSCI North America Climate ETF 0.1 9 51 4.3 +1.6
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.1 3 57 4.4 +1.7
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.1 20 40 5.8 +3.1
DSPY Tema S&P 500 Historical Weight ETF 0.1 18 42 4.4 +1.8
TOK iShares MSCI Kokusai ETF 0.1 26 34 4.3 +1.6
EBI Longview Advantage ETF 0.1 35 25 5.7 +3.1
RWL Invesco S&P 500 Revenue ETF 0.1 39 21 5.9 +3.3
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 51 4.1 +1.4
URTH iShares MSCI World ETF 0.1 24 36 4.4 +1.7
VT Vanguard Total World Stock ETF 0.1 6 54 5.1 +2.4
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 49 4.4 +1.7
TOPC iShares S&P 500 3% Capped ETF 0.1 15 45 4.4 +1.7
SHE State Street SPDR MSCI USA Gender Diversity ETF 0.1 20 40 4.6 +1.9
IUS Invesco RAFI Strategic US ETF 0.1 19 41 6.0 +3.3
ACWI iShares MSCI ACWI ETF 0.1 32 28 4.7 +2.0
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 51 4.1 +1.4
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 51 4.0 +1.3
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 11 4.7 +2.0
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 40 4.0 +1.3
RAUS RACWI US ETF 0.1 15 45 4.2 +1.5
VOO Vanguard S&P 500 ETF 0.1 3 57 4.2 +1.6
VHT Vanguard Health Care ETF 0.1 9 51 4.8 +2.2
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 50 4.9 +2.3
IVV iShares Core S&P 500 ETF 0.1 3 57 4.2 +1.6
SPY SPDR S&P 500 ETF 0.1 9 51 4.1 +1.5
SPYM State Street SPDR Portfolio S&P 500 ETF 0.1 2 58 4.3 +1.6
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 57 6.0 +3.3
PBUS Invesco MSCI USA ETF 0.1 4 56 4.2 +1.5
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 41 5.3 +2.7
OUSA ALPS O'Shares U.S. Quality Dividend ETF 0.1 48 12 5.1 +2.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 51 4.8 +2.2
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.0 10 50 3.6 +0.9
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 21 5.9 +3.2
INRO iShares U.S. Industry Rotation Active ETF 0.0 42 18 3.9 +1.3
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.0 12 48 3.4 +0.7
REVS Columbia Research Enhanced Value ETF 0.0 19 41 6.9 +4.3
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.0 15 45 4.9 +2.3
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 30 3.8 +1.2
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.0 15 45 6.5 +3.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 31 5.6 +2.9
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 56 3.3 +0.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 15 7.5 +4.8
VFVA Vanguard U.S. Value Factor ETF 0.0 13 47 9.4 +6.7
SFGV Sequoia Global Value ETF 0.0 23 37 7.5 +4.8
BKEM BNY Mellon Emerging Markets Equity ETF 0.0 11 49 7.9 +5.2
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.0 36 24 7.9 +5.2
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 30 5.1 +2.4
GSPY Gotham Enhanced 500 ETF 0.0 50 10 4.4 +1.7
FELV Fidelity Enhanced Large Cap Value ETF 0.0 18 42 5.9 +3.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.0 12 48 4.3 +1.6
FELG Fidelity Enhanced Large Cap Growth ETF 0.0 18 42 3.7 +1.1
RECS Columbia Research Enhanced Core ETF 0.0 15 45 5.0 +2.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 1 7.5 +4.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.0 18 42 6.4 +3.8
GEW Cambria Global EW ETF 0.0 29 31 5.3 +2.7
FBCV Fidelity Blue Chip Value ETF 0.0 59 1 6.5 +3.8
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -30 3.0 +0.4
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 32 5.6 +2.9

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

  2020 2021 2022 2023 2024 2025E 2026E
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
  2024 2025E 2026E
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 16.8 %
Divided by: Fwd. P/BV 5.2 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 2.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.56 CATEGORY
AVERAGE		 1.58
 
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.