Renaissance IPO ETF
ALTAR
Score™		 3.0% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 26.2x P/Sales
ratio		 4.0x
P/BV
ratio		 4.7x 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) $135
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 January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-2.2% -4.8% -8.1% 10.0% 6.9%

Market Correlations
versus... Beta R-squared
S&P500 1.40 71%
MSCI EAFE 1.30 45%
MSCI Emg. Mkts. 1.26 49%

Technical Indicators
Recent close $43.99
30d moving avg. $46.49
Annualized volatility 27.5%
Short interest (ETF) 5.6%
Short interest (Underlying) 6.1%
Relative strength (RSI) 43

Liquidity measures
Avg. volume (thou.) 35
Turnover 1.1%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $1,335

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 495 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™: 3.0%


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
(%)
FPXE First Trust IPOX Europe Equity Opportunities ETF 8.6 70 -10 3.2 +0.1
SMHX VanEck Fabless Semiconductor ETF 8.3 35 25 2.5 -0.5
SPRX Spear Alpha ETF 7.9 75 -15 -0.3 -3.4
FPX First Trust US Equity Opportunities ETF 7.0 61 -1 0.8 -2.2
FPXI First Trust International Equity Opportunities ETF 6.9 70 -10 3.2 +0.2
TMAT Main Thematic Innovation ETF 6.7 164 -104 -1.5 -4.5
SPAM Themes Cybersecurity ETF 6.1 35 25 2.7 -0.3
NBDS Neuberger Berman Disrupters ETF 5.9 55 5 0.7 -2.3
SKYY First Trust Cloud Computing ETF 5.9 60 0 3.1 +0.0
SOCL Global X Social Media ETF 5.8 65 -5 10.2 +7.2
ARKW ARK Next Generation Internet ETF 5.7 87 -27 1.0 -2.1
CHAT Roundhill Generative AI & Technology ETF 5.3 75 -15 6.2 +3.2
CHPX Global X AI Semiconductor & Quantum ETF 5.2 50 10 2.4 -0.6
TAN Invesco Solar ETF 5.0 67 -7 4.4 +1.4
VCLN Virtus Duff & Phelps Clean Energy ETF 5.0 59 1 3.3 +0.3
ACES ALPS Clean Energy ETF 5.0 55 5 -2.4 -5.4
CTEC Global X CleanTech ETF 5.0 50 10 0.6 -2.4
ETEC iShares Breakthrough Environmental Solutions ETF 5.0 47 13 2.7 -0.3
ICLN iShares Global Clean Energy ETF 5.0 41 19 2.6 -0.5
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 4.8 58 2 -1.8 -4.8
BEDZ AdvisorShares Hotel ETF 4.7 100 -40 6.2 +3.2
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 4.5 49 11 4.2 +1.1
BPAY BlackRock Future Financial and Technology ETF 4.4 70 -10 6.6 +3.6
BUG Global X Cybersecurity ETF 4.3 51 9 2.9 -0.1
HEAL Global X HealthTech ETF 4.2 50 10 -1.7 -4.8
USRD Themes US R&D Champions ETF 4.2 29 31 4.1 +1.1
MVAL VanEck Morningstar Wide Moat Value ETF 4.1 49 11 5.8 +2.8
WCBR WisdomTree Cybersecurity Fund 4.0 45 15 2.1 -1.0
WAR U.S. Global Tech and Aerospace & Defense ETF 4.0 60 0 4.7 +1.6
DAT ProShares Big Data Refiners ETF 4.0 58 2 2.7 -0.4
SFYX SoFi Next 500 ETF 3.8 0 60 5.0 +2.0
FCLD Fidelity Cloud Computing ETF 3.7 39 21 3.1 +0.1
TRFK Pacer Data and Digital Revolution ETF 3.6 60 0 2.6 -0.4
CNRG State Street SPDR S&P Kensho Clean Power ETF 3.5 45 15 1.4 -1.7
FLV American Century Focused Large Cap Value ETF 3.5 42 18 5.8 +2.8
QTUM Defiance Quantum ETF 3.5 40 20 4.2 +1.2
CBSE Clough Select Equity ETF 3.4 85 -25 0.9 -2.2
SCDV Bahl & Gaynor Small Cap Dividend ETF 3.4 70 -10 3.8 +0.8
FDCF Fidelity Disruptive Communications ETF 3.3 50 10 3.5 +0.5
XDAT Franklin Exponential Data ETF 3.3 50 10 2.4 -0.7
LRNZ TrueShares Technology, AI & Deep Learning ETF 3.3 69 -9 -0.8 -3.8
ARKK ARK Innovation ETF 3.3 75 -15 -3.1 -6.1
FRNW Fidelity Clean Energy ETF 3.3 39 21 1.9 -1.1
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 3.2 60 0 2.9 -0.1
ICAP InfraCap Equity Income Fund ETF 3.1 171 -111 3.8 +0.8
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 3.1 86 -26 0.4 -2.6
AIS VistaShares Artificial Intelligence Supercycle ETF 2.9 75 -15 1.8 -1.3
TRFM AAM Transformers ETF 2.9 49 11 1.0 -2.0
DIVZ TrueShares Low Volatility Equity Income ETF 2.9 65 -5 5.6 +2.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 2.8 65 -5 1.8 -1.3
METV Roundhill Ball Metaverse ETF 2.6 59 1 8.8 +5.8
HYP Golden Eagle Dynamic Hypergrowth ETF 2.6 85 -25 -1.1 -4.1
CIBR First Trust NASDAQ Cybersecurity ETF 2.5 60 0 3.9 +0.9
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.5 57 3 3.5 +0.4
AIVC Amplify Bloomberg AI Value Chain ETF 2.5 59 1 4.3 +1.3
MOAT VanEck Morningstar Wide Moat ETF 2.5 46 14 5.4 +2.4
FILL iShares MSCI Global Energy Producers ETF 2.4 39 21 1.4 -1.6
SAMT Strategas Macro Thematic Opportunities ETF 2.4 65 -5 2.2 -0.8
PSC Principal U.S. Small-Cap ETF 2.4 38 22 5.9 +2.9
SMOG VanEck Low Carbon Energy ETF 2.4 61 -1 1.3 -1.7
OGIG ALPS O'Shares Global Internet Giants ETF 2.4 48 12 2.3 -0.7
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 2.4 95 -35 -0.4 -3.5
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 2.4 58 2 4.3 +1.3
HELX Franklin Genomic Advancements ETF 2.4 50 10 -0.4 -3.4
RSPS Invesco S&P 500 Equal Weight Consumer Staples ETF 2.3 40 20 6.2 +3.2
OSCV Opus Small Cap Value ETF 2.3 79 -19 5.8 +2.8
ABFL Abacus FCF Leaders ETF 2.2 59 1 3.8 +0.7
ABLD Abacus FCF Real Assets Leaders ETF 2.1 69 -9 5.7 +2.6
XLP The Consumer Staples Select Sector SPDR Fund 2.1 8 52 5.2 +2.2
SAMM Strategas Macro Momentum ETF 2.1 66 -6 1.9 -1.2
RITA ETFB Green SRI REITs ETF 2.1 50 10 5.2 +2.2
TOGA Tremblant Global ETF 2.0 69 -9 1.6 -1.5
ERTH Invesco MSCI Sustainable Future ETF 2.0 62 -2 3.0 -0.0
ABLS Abacus FCF Small Cap Leaders ETF 2.0 59 1 5.5 +2.5
FXL First Trust Technology AlphaDEX Fund 2.0 61 -1 5.1 +2.0
SDOG ALPS Sector Dividend Dogs ETF 1.9 36 24 8.0 +5.0
IVES Wedbush ETFMG Global Cloud Technology ETF 1.9 68 -8 5.2 +2.2
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.9 70 -10 1.7 -1.4
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 1.9 60 0 5.3 +2.3
XHS State Street SPDR S&P Health Care Services ETF 1.9 35 25 3.7 +0.6
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 1.9 55 5 3.3 +0.3
SGRT SMART Earnings Growth 30 ETF 1.9 59 1 1.7 -1.4
TMFX Motley Fool Next Index ETF 1.8 50 10 2.8 -0.2
XITK State Street SPDR FactSet Innovative Technology ETF 1.8 45 15 0.9 -2.1
AIPO Defiance AI & Power Infrastructure ETF 1.8 69 -9 0.8 -2.2
NUMV Nuveen ESG Mid-Cap Value ETF 1.8 31 29 6.0 +3.0
PBW Invesco WilderHill Clean Energy ETF 1.8 66 -6 -2.9 -5.9
QDIV Global X S&P 500 Quality Dividend ETF 1.8 20 40 7.5 +4.5
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.8 30 30 5.7 +2.7
AIRR First Trust RBA American Industrial Renaissance ETF 1.7 70 -10 3.4 +0.4
BOUT Innovator IBD Breakout Opportunities ETF 1.7 81 -21 4.3 +1.3
CSMD Congress SMid Growth ETF 1.7 69 -9 3.2 +0.2
BITQ Bitwise Crypto Industry Innovators ETF 1.7 85 -25 -2.2 -5.2
ARKF ARK Fintech Innovation ETF 1.7 75 -15 0.3 -2.8
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 1.7 85 -25 -2.7 -5.7
DAPP VanEck Digital Transformation ETF 1.7 50 10 0.0 -3.0
FINX Global X FinTech ETF 1.7 68 -8 3.4 +0.3
FSMD Fidelity Small-Mid Multifactor ETF 1.7 15 45 6.0 +2.9
SATO Invesco Alerian Galaxy Crypto Economy ETF 1.7 61 -1 -0.6 -3.6
GTEK Goldman Sachs Future Tech Leaders Equity ETF 1.7 75 -15 2.3 -0.8
VERS ProShares Metaverse ETF 1.7 58 2 0.1 -2.9
IQM Franklin Intelligent Machines ETF 1.6 50 10 1.5 -1.5
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.6 35 25 5.3 +2.2
XMHQ Invesco S&P MidCap Quality ETF 1.6 25 35 5.7 +2.6
FDHT Fidelity Digital Health ETF 1.6 39 21 1.3 -1.7
FMED Fidelity Disruptive Medicine ETF 1.6 50 10 -0.6 -3.7
FBCG Fidelity Blue Chip Growth ETF 1.6 59 1 2.3 -0.7
SDY State Street SPDR S&P Dividend ETF 1.6 35 25 5.7 +2.7
IYK iShares U.S. Consumer Staples ETF 1.5 40 20 5.5 +2.4
AFMC First Trust Active Factor Mid Cap ETF 1.5 65 -5 6.8 +3.7
MISL First Trust Indxx Aerospace & Defense ETF 1.5 60 0 1.4 -1.7
HTEC ROBO Global Healthcare Technology and Innovation ETF 1.5 68 -8 1.8 -1.2
FXD First Trust Consumer Discretionary AlphaDEX Fund 1.5 61 -1 6.3 +3.2
ABLG Abacus FCF International Leaders ETF 1.5 59 1 5.7 +2.6
DTEC ALPS Disruptive Technologies ETF 1.5 50 10 3.7 +0.6
CCSO Carbon Collective Climate Solutions US Equity ETF 1.4 35 25 1.0 -2.1
SOXQ Invesco PHLX Semiconductor ETF 1.4 19 41 2.8 -0.2
BLDG Cambria Global Real Estate ETF 1.4 60 0 10.6 +7.5
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.4 7 53 4.9 +1.9
FCOM Fidelity MSCI Communication Services Index ETF 1.4 8 52 4.2 +1.2
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.3 45 15 2.1 -0.9
CLOD Themes Cloud Computing ETF 1.3 35 25 3.6 +0.5
JSML Janus Henderson Small Cap Growth Alpha ETF 1.3 30 30 7.1 +4.1
HGRO Hedgeye Quality Growth ETF 1.3 70 -10 2.9 -0.1
SHLD Global X Defense Tech ETF 1.3 50 10 2.5 -0.5
SIXG Defiance Connective Technologies ETF 1.3 30 30 3.4 +0.3
WCLD WisdomTree Cloud Computing Fund 1.3 45 15 2.0 -1.1
FSTA FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF 1.3 8 52 5.0 +2.0
SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF 1.2 7 53 9.4 +6.4
PTL Inspire 500 ETF 1.2 9 51 4.6 +1.6
FXG First Trust Consumer Staples AlphaDEX Fund 1.2 63 -3 7.5 +4.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 1.2 86 -26 12.9 +9.8
VAMO Cambria Value & Momentum ETF 1.2 61 -1 5.3 +2.3
AFSM First Trust Active Factor Small Cap ETF 1.2 75 -15 6.4 +3.4
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.2 64 -4 0.9 -2.1
VDC Vanguard Consumer Staples ETF 1.2 9 51 5.0 +2.0
IWO iShares Russell 2000 Growth ETF 1.2 24 36 0.7 -2.4
JMOM JPMorgan U.S. Momentum Factor ETF 1.2 12 48 3.8 +0.8
VTWG Vanguard Russell 2000 Growth ETF 1.2 10 50 0.8 -2.2
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.1 61 -1 2.3 -0.8
RBLD First Trust Alerian US NextGen Infrastructure ETF 1.1 65 -5 4.0 +0.9
SFYF SoFi Social 50 ETF 1.1 29 31 0.9 -2.1
GXPS Global X PureCap MSCI Consumer Staples ETF 1.1 25 35 4.4 +1.3
RSSL Global X Russell 2000 ETF 1.1 8 52 3.1 +0.1
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.1 25 35 6.6 +3.6
FDG American Century Focused Dynamic Growth ETF 1.1 45 15 1.8 -1.3
WDNA WisdomTree BioRevolution Fund 1.1 45 15 -1.9 -5.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 1.0 9 51 5.4 +2.4
CHGX AXS Change Finance ESG ETF 1.0 49 11 4.4 +1.4
SHOC Strive U.S. Semiconductor ETF Strive U.S. Semiconductor ETF 1.0 40 20 2.2 -0.8
NUSC Nuveen ESG Small-Cap ETF 1.0 31 29 4.4 +1.4
HUMN Roundhill Humanoid Robotics ETF 1.0 75 -15 0.9 -2.2
STXM Strive Mid-Cap ETF 1.0 18 42 5.3 +2.3
SMAP Amplify Small-Mid Cap Equity ETF 1.0 60 0 4.7 +1.7
UFO Procure Space ETF 1.0 75 -15 0.1 -3.0
FTC First Trust Large Cap Growth AlphaDEX Fund 1.0 59 1 1.6 -1.4
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.0 29 31 6.8 +3.7
VFMO Vanguard U.S. Momentum Factor ETF 1.0 13 47 2.5 -0.6
FDN First Trust Dow Jones Internet Index Fund 1.0 52 8 2.9 -0.1
FDND FT Vest Dow Jones Internet & Target Income ETF 1.0 75 -15 2.7 -0.3
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.0 35 25 3.7 +0.7
TPHD Timothy Plan High Dividend Stock ETF 0.9 52 8 6.0 +3.0
BBH VanEck Biotech ETF 0.9 35 25 4.3 +1.3
MOTG VanEck Morningstar Global Wide Moat ETF 0.9 52 8 8.7 +5.7
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.9 4 56 5.0 +2.0
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.9 30 30 7.0 +4.0
ROSC Hartford Multifactor Small Cap ETF 0.9 34 26 7.7 +4.6
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 0.9 15 45 3.4 +0.4
VOX Vanguard Communication Services ETF 0.9 9 51 4.3 +1.3
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF 0.9 38 22 6.6 +3.6
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF 0.9 35 25 6.6 +3.6
BYRE Principal Real Estate Active Opportunities ETF 0.9 65 -5 6.1 +3.1
CLNR IQ Cleaner Transport ETF 0.9 45 15 4.9 +1.9
BLOK Amplify Transformational Data Sharing ETF 0.9 75 -15 0.4 -2.6
KXI iShares Global Consumer Staples ETF 0.8 41 19 4.8 +1.7
FLDZ RiverNorth Patriot ETF 0.8 75 -15 5.6 +2.6
EZM WisdomTree U.S. MidCap Fund 0.8 38 22 7.4 +4.4
FNX First Trust Mid Cap Core AlphaDEX Fund 0.8 60 0 5.8 +2.7
YNOT Horizon Digital Frontier ETF 0.8 75 -15 2.6 -0.4
IHF iShares U.S. Healthcare Providers ETF 0.8 40 20 7.9 +4.9
OPTZ Optimize Strategy Index ETF 0.8 50 10 4.1 +1.0
MADE iShares U.S. Manufacturing ETF 0.8 40 20 3.7 +0.6
DFAR Dimensional US Real Estate ETF 0.7 19 41 7.5 +4.4
JHMM John Hancock Multifactor Mid Cap ETF 0.7 42 18 5.3 +2.2
BFOR ALPS Barron's 400 ETF 0.7 65 -5 4.9 +1.8
IJK iShares S&P Mid-Cap 400 Growth ETF 0.7 17 43 4.7 +1.7
STXK Strive Small-Cap ETF 0.7 18 42 5.2 +2.2
IWM iShares Russell 2000 ETF 0.7 19 41 3.1 +0.1
VTWO Vanguard Russell 2000 ETF 0.7 7 53 3.2 +0.2
FRI First Trust S&P REIT Index Fund 0.7 50 10 6.8 +3.8
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -29 4.2 +1.2
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.7 10 50 4.9 +1.9
SMOT VanEck Morningstar SMID Moat ETF 0.7 49 11 5.9 +2.9
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.7 15 45 4.8 +1.7
NULV Nuveen ESG Large-Cap Value ETF 0.7 26 34 5.4 +2.4
AVRE Avantis Real Estate ETF 0.7 17 43 6.6 +3.6
JHSC John Hancock Multifactor Small Cap ETF 0.7 42 18 5.6 +2.5
FYC First Trust Small Cap Growth AlphaDEX Fund 0.6 71 -11 -1.3 -4.3
TPHE Timothy Plan High Dividend Stock Enhanced ETF 0.6 54 6 6.6 +3.6
FEX First Trust Large Cap Core AlphaDEX Fund 0.6 59 1 4.9 +1.9
ANEW ProShares MSCI Transformational Changes ETF 0.6 45 15 4.8 +1.7
XJH iShares ESG Screened S&P Mid-Cap ETF 0.6 12 48 6.0 +3.0
VOE Vanguard Mid-Cap Value ETF 0.6 7 53 6.7 +3.6
FCPI Fidelity Stocks for Inflation ETF 0.6 15 45 6.8 +3.7
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.6 15 45 6.7 +3.7
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.6 9 51 3.5 +0.4
IWP iShares Russell Mid-Cap Growth ETF 0.6 23 37 2.7 -0.3
IJT iShares S&P Small-Cap 600 Growth ETF 0.6 18 42 4.5 +1.5
SMLF iShares U.S. SmallCap Equity Factor ETF 0.6 15 45 5.2 +2.2
FESM Fidelity Enhanced Small Cap ETF 0.6 28 32 2.8 -0.3
IGPT Invesco AI and Next Gen Software ETF 0.6 60 0 3.3 +0.3
BKSE BNY Mellon US Small Cap Core Equity ETF 0.6 4 56 5.0 +2.0
VO Vanguard Mid-Cap ETF 0.6 4 56 5.3 +2.2
FSST Fidelity Sustainable U.S. Equity ETF 0.6 59 1 3.7 +0.6
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 0.6 15 45 4.6 +1.5
MDY SPDR S&P Midcap 400 ETF Trust 0.6 24 36 5.9 +2.9
IJH iShares Core S&P Mid-Cap ETF 0.6 5 55 6.1 +3.1
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.6 10 50 4.7 +1.6
VBK Vanguard Small-Cap Growth ETF 0.5 7 53 1.5 -1.5
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.5 20 40 4.7 +1.7
NANC Unusual Whales Subversive Democratic Trading ETF 0.5 75 -15 3.0 -0.1
KNCT Invesco Next Gen Connectivity ETF 0.5 40 20 3.7 +0.7
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.5 52 8 4.8 +1.8
AIQ Global X Artificial Intelligence & Technology ETF 0.5 68 -8 3.1 +0.1
IVOO Vanguard S&P Mid-Cap 400 ETF 0.5 7 53 6.1 +3.1
FREL Fidelity MSCI Real Estate Index ETF 0.5 8 52 7.0 +4.0
BMED Future Health ETF 0.5 85 -25 0.2 -2.8
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.5 3 57 6.1 +3.1
VXF Vanguard Extended Market ETF 0.5 5 55 3.9 +0.9
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.5 15 45 5.2 +2.1
VOT Vanguard Mid-Cap Growth ETF 0.5 7 53 3.1 +0.1
PPTY US Diversified Real Estate ETF 0.5 53 7 7.6 +4.6
FFTY Innovator IBD 50 ETF 0.5 80 -20 -1.7 -4.8
AVMC Avantis U.S. Mid Cap Equity ETF 0.5 18 42 5.8 +2.8
ISCG iShares Morningstar Small-Cap Growth ETF 0.5 6 54 2.5 -0.5
SOXX iShares Semiconductor ETF 0.5 35 25 2.8 -0.2
DFGR Dimensional Global Real Estate ETF 0.5 22 38 7.1 +4.0
AVMV Avantis U.S. Mid Cap Value ETF 0.5 20 40 7.2 +4.2
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.5 20 40 5.5 +2.5
AUSF Global X Adaptive U.S. Factor ETF 0.5 27 33 7.7 +4.6
DSMC Distillate Small/Mid Cash Flow ETF 0.5 55 5 10.9 +7.9
DFAS Dimensional U.S. Small Cap ETF 0.4 26 34 5.6 +2.6
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.4 24 36 7.0 +3.9
SSPY Syntax Stratified LargeCap ETF 0.4 30 30 5.8 +2.7
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.4 39 21 4.2 +1.2
EQAL Invesco Russell 1000 Equal Weight ETF 0.4 20 40 6.1 +3.1
IMCV iShares Morningstar Mid-Cap Value ETF 0.4 6 54 7.0 +3.9
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.4 43 17 4.9 +1.9
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.4 68 -8 6.3 +3.3
FDMO Fidelity Momentum Factor ETF 0.4 15 45 3.1 +0.1
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 0.4 11 49 7.2 +4.2
FVD First Trust Value Line Dividend Index Fund 0.4 65 -5 5.4 +2.4
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.4 65 -5 1.8 -1.3
TPSC Timothy Plan US Small Cap Core ETF 0.4 52 8 5.9 +2.9
LFSC F/m Emerald Life Sciences Innovation ETF 0.4 79 -19 0.0 -3.0
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 0.4 59 1 5.1 +2.1
IWR iShares Russell Midcap ETF 0.4 19 41 5.4 +2.3
QNXT iShares Nasdaq-100 ex Top 30 ETF 0.4 20 40 4.3 +1.3
LRND IQ U.S. Large Cap R&D Leaders ETF 0.4 14 46 4.4 +1.4
VUSE Vident U.S. Equity Strategy ETF 0.4 50 10 3.6 +0.6
SIXL ETC 6 Meridian Low Beta Equity ETF 0.4 80 -20 5.6 +2.5
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.4 15 45 6.1 +3.1
IJJ iShares S&P Mid-Cap 400 Value ETF 0.4 18 42 7.4 +4.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 42 6.6 +3.6
JPSV JPMorgan Active Small Cap Value ETF 0.4 74 -14 7.4 +4.4
FXH First Trust Health Care AlphaDEX Fund 0.4 62 -2 7.1 +4.1
HDUS Hartford Disciplined US Equity ETF 0.4 19 41 5.0 +1.9
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 0.4 15 45 7.4 +4.4
DFLV Dimensional US Large Cap Value ETF 0.4 22 38 6.2 +3.2
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.4 17 43 5.1 +2.1
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.4 10 50 7.6 +4.5
ROUS Hartford Multifactor US Equity ETF 0.4 19 41 5.9 +2.9
IMCB iShares Morningstar Mid-Cap ETF 0.4 4 56 5.4 +2.4
SPHQ Invesco S&P 500 Quality ETF 0.3 15 45 4.5 +1.5
CFA VictoryShares US 500 Volatility Wtd ETF 0.3 35 25 5.2 +2.2
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.3 40 20 5.1 +2.1
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 39 3.2 +0.2
IWS iShares Russell Mid-Cap Value ETF 0.3 23 37 6.1 +3.1
ISCB iShares Morningstar Small-Cap ETF 0.3 4 56 5.0 +2.0
DFUV Dimensional US Marketwide Value ETF 0.3 22 38 6.2 +3.1
BIBL Inspire 100 ETF 0.3 35 25 4.1 +1.1
NATO Themes Transatlantic Defense ETF 0.3 35 25 1.7 -1.4
SIZE iShares MSCI USA Size Factor ETF 0.3 15 45 5.5 +2.4
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.3 40 20 4.1 +1.0
EUSA iShares MSCI USA Equal Weighted ETF 0.3 9 51 5.5 +2.5
FTEC Fidelity MSCI Information Technology Index ETF 0.3 8 52 3.3 +0.3
ULVM VictoryShares US Value Momentum ETF 0.3 20 40 6.2 +3.2
AVLV Avantis U.S. Large Cap Value ETF 0.3 15 45 6.3 +3.2
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.3 12 48 3.8 +0.8
FYX First Trust Small Cap Core AlphaDEX Fund 0.3 61 -1 4.8 +1.8
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.3 20 40 2.7 -0.3
FTXL First Trust Nasdaq Semiconductor ETF 0.3 60 0 3.1 +0.0
IJR iShares Core S&P Small Cap ETF 0.3 6 54 6.5 +3.4
JQUA JPMorgan U.S. Quality Factor ETF 0.3 12 48 5.1 +2.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.3 9 51 4.7 +1.6
GVLU Gotham 1000 Value ETF 0.3 50 10 8.0 +5.0
VB Vanguard Small-Cap ETF 0.3 5 55 5.2 +2.2
QGRO American Century U.S. Quality Growth ETF 0.3 29 31 3.3 +0.3
JGRO JPMorgan Active Growth ETF 0.3 44 16 3.0 -0.0
BLES Inspire Global Hope ETF 0.3 61 -1 5.7 +2.7
FIDU Fidelity MSCI Industrial Index ETF 0.3 8 52 3.5 +0.5
FTXH First Trust Nasdaq Pharmaceuticals ETF 0.3 60 0 6.7 +3.7
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 0.3 3 57 6.5 +3.5
VIOO Vanguard S&P Small-Cap 600 ETF 0.3 7 53 6.5 +3.5
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 42 4.6 +1.6
IMCG iShares Morningstar Mid-Cap Growth ETF 0.3 6 54 3.6 +0.6
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.3 24 36 6.3 +3.2
SFY SoFi Select 500 ETF 0.3 0 60 3.9 +0.8
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 49 4.3 +1.2
FTCE First Trust New Constructs Core Earnings Leaders ETF 0.3 60 0 4.6 +1.6
VIS Vanguard Industrials ETF 0.3 9 51 3.5 +0.5
STXG Strive 1000 Growth ETF 0.3 18 42 3.3 +0.2
FMDE Fidelity Enhanced Mid Cap ETF 0.3 23 37 5.2 +2.2
VEGN US Vegan Climate ETF 0.3 60 0 3.9 +0.9
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.3 58 2 5.1 +2.1
VALQ American Century U.S. Quality Value ETF 0.3 29 31 6.6 +3.6
VFQY Vanguard U.S. Quality Factor ETF 0.3 13 47 5.3 +2.3
BUZZ VanEck Social Sentiment ETF 0.2 75 -15 -0.8 -3.8
XMAG Defiance Large Cap ex-Mag 7 ETF 0.2 35 25 4.5 +1.4
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.2 35 25 6.1 +3.0
IWN iShares Russell 2000 Value ETF 0.2 24 36 5.5 +2.5
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.2 40 20 3.4 +0.4
VTWV Vanguard Russell 2000 Value ETF 0.2 10 50 5.6 +2.6
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.2 15 45 4.2 +1.2
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 60 4.3 +1.3
GXPC Global X PureCap MSCI Communication Services ETF 0.2 25 35 3.9 +0.9
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 45 5.0 +2.0
POW VistaShares Electrification Supercycle ETF 0.2 75 -15 2.4 -0.6
DXUV Dimensional US Vector Equity ETF 0.2 28 32 5.2 +2.1
GXLC Global X U.S. 500 ETF 0.2 2 58 4.2 +1.2
FFLC Fidelity Fundamental Large Cap Core ETF 0.2 38 22 3.9 +0.8
ISCV iShares Morningstar Small Cap Value ETF 0.2 6 54 7.3 +4.3
PRXG Praxis Impact Large Cap Growth ETF 0.2 36 24 3.0 -0.0
XOEF iShares S&P 500 ex S&P 100 ETF 0.2 20 40 4.7 +1.7
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 17 43 4.7 +1.6
USMF WisdomTree U.S. Multifactor Fund 0.2 28 32 6.5 +3.5
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.2 10 50 4.6 +1.6
FHLC Fidelity MSCI Health Care Index ETF 0.2 8 52 5.1 +2.1
CRTC Xtrackers US National Critical Technologies ETF 0.2 35 25 4.2 +1.2
TOV JLens 500 Jewish Advocacy U.S. ETF 0.2 18 42 4.0 +1.0
XT iShares Exponential Technologies ETF 0.2 46 14 4.2 +1.1
STRV Strive 500 ETF 0.2 5 55 4.2 +1.2
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.2 25 35 4.7 +1.7
GXPT Global X PureCap MSCI Information Technology ETF 0.2 25 35 3.5 +0.4
DFAU Dimensional US Core Equity Market ETF 0.2 12 48 4.4 +1.3
VFMF Vanguard U.S. Multifactor ETF 0.2 18 42 6.4 +3.4
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 0.2 5 55 6.7 +3.7
PGJ Invesco Golden Dragon China ETF 0.2 70 -10 12.3 +9.3
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.2 72 -12 -1.3 -4.3
FBOT Fidelity Disruptive Automation ETF 0.2 50 10 2.7 -0.4
ARKQ ARK Autonomous Technology & Robotics ETF 0.2 75 -15 0.9 -2.1
CARZ First Trust NASDAQ Global Auto Index Fund 0.2 70 -10 3.2 +0.2
BOTZ Global X Robotics & Artificial Intelligence ETF 0.2 69 -9 1.7 -1.3
WISE Themes Generative Artificial Intelligence ETF 0.2 35 25 -0.4 -3.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 21 2.7 -0.4
DCOR Dimensional US Core Equity 1 ETF 0.2 14 46 4.6 +1.6
VOTE TCW Transform 500 ETF 0.2 5 55 4.3 +1.2
FTA First Trust Large Cap Value AlphaDEX Fund 0.2 59 1 7.3 +4.3
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 40 5.8 +2.8
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.2 60 0 3.3 +0.2
DFUS Dimensional U.S. Equity ETF 0.2 9 51 4.2 +1.1
JHML John Hancock Multifactor Large Cap ETF 0.2 29 31 4.6 +1.6
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.2 12 48 6.3 +3.2
VYM Vanguard High Dividend Yield Index ETF 0.2 6 54 6.0 +2.9
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 21 7.9 +4.9
MODL VictoryShares WestEnd U.S. Sector ETF 0.2 42 18 4.0 +1.0
RAFE PIMCO RAFI ESG U.S. ETF 0.2 29 31 6.0 +2.9
GVUS Marketbeta Russell 1000 Value Equity ETF 0.2 12 48 5.6 +2.5
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 42 5.5 +2.5
STXV Strive 1000 Value ETF 0.1 18 42 6.8 +3.8
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 28 4.3 +1.3
CALF Pacer US Small Cap Cash Cows 100 ETF 0.1 59 1 9.0 +6.0
IUSV iShares Core S&P US Value ETF 0.1 4 56 5.6 +2.6
VTV Vanguard Value ETF 0.1 4 56 5.8 +2.7
GLBL Pacer MSCI World Industry Advantage ETF 0.1 65 -5 3.6 +0.6
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 51 4.2 +1.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 53 4.2 +1.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 58 4.3 +1.3
AVUS Avantis U.S. Equity ETF 0.1 15 45 4.9 +1.9
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.1 35 25 5.4 +2.4
HLAL Wahed FTSE USA Shariah ETF 0.1 50 10 3.9 +0.9
IVE iShares S&P 500 Value ETF 0.1 18 42 5.3 +2.3
SPYV State Street SPDR Portfolio S&P 500 Value ETF 0.1 4 56 5.5 +2.4
VOOV Vanguard S&P 500 Value ETF 0.1 7 53 5.4 +2.4
IYW iShares U.S. Technology ETF 0.1 40 20 3.2 +0.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 27 7.6 +4.5
AVUQ Avantis U.S. Quality ETF 0.1 15 45 3.6 +0.6
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 51 4.5 +1.5
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 43 5.8 +2.8
DFVX Dimensional US Large Cap Vector ETF 0.1 22 38 5.2 +2.2
VTI Vanguard Total Stock Market ETF 0.1 3 57 4.2 +1.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 57 4.2 +1.2
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 32 8.3 +5.3
IGM iShares Expanded Tech Sector ETF 0.1 41 19 3.1 +0.0
IWV iShares Russell 3000 ETF 0.1 20 40 4.1 +1.1
VTHR Vanguard Russell 3000 ETF 0.1 7 53 4.2 +1.2
SUSL iShares ESG MSCI USA Leaders ETF 0.1 10 50 4.2 +1.2
QQQ Invesco QQQ Trust Series I 0.1 20 40 3.5 +0.4
QQQM Invesco NASDAQ 100 ETF 0.1 15 45 3.5 +0.5
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.1 9 51 4.3 +1.2
DON WisdomTree U.S. MidCap Dividend Fund 0.1 38 22 7.8 +4.8
ESGU iShares ESG Aware MSCI USA ETF 0.1 15 45 4.2 +1.2
IYY iShares Dow Jones U.S. ETF 0.1 20 40 4.1 +1.1
IWD iShares Russell 1000 Value ETF 0.1 19 41 5.4 +2.4
VONV Vanguard Russell 1000 Value ETF 0.1 7 53 5.6 +2.6
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.1 45 15 3.6 +0.6
RVRB Reverb ETF 0.1 30 30 4.0 +1.0
VBR Vanguard Small Cap Value ETF 0.1 7 53 7.6 +4.6
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 31 3.8 +0.8
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.1 10 50 4.3 +1.2
PRXV Praxis Impact Large Cap Value ETF 0.1 36 24 5.6 +2.6
EPS WisdomTree U.S. LargeCap Fund 0.1 8 52 5.0 +2.0
ILCV iShares Morningstar Value ETF 0.1 4 56 5.5 +2.5
DIVN Horizon Dividend Income ETF 0.1 70 -10 6.3 +3.2
APUE ActivePassive U.S. Equity ETF 0.1 45 15 4.0 +0.9
VV Vanguard Large-Cap ETF 0.1 4 56 4.2 +1.2
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.1 8 52 4.4 +1.4
SPXT ProShares S&P 500 Ex-Technology ETF 0.1 9 51 4.8 +1.8
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.1 35 25 4.9 +1.8
LRGF iShares U.S. Equity Factor ETF 0.1 8 52 4.8 +1.8
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.1 3 57 4.4 +1.4
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 67 -7 8.3 +5.2
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 57 4.2 +1.2
IETC iShares U.S. Tech Independence Focused ETF 0.1 18 42 3.2 +0.2
IWB iShares Russell 1000 ETF 0.1 15 45 4.2 +1.2
VONE Vanguard Russell 1000 ETF 0.1 7 53 4.3 +1.3
RAYD Rayliant Quantitative Developed Market Equity ETF 0.1 80 -20 4.5 +1.4
WRND IQ Global Equity R&D Leaders ETF 0.1 18 42 6.5 +3.5
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 53 4.6 +1.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 40 4.7 +1.7
DSPY Tema S&P 500 Historical Weight ETF 0.1 18 42 4.4 +1.4
KLMN Invesco MSCI North America Climate ETF 0.1 9 51 4.4 +1.4
TMFC Motley Fool 100 Index ETF 0.1 50 10 3.0 -0.0
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 48 3.4 +0.4
TOPC iShares S&P 500 3% Capped ETF 0.1 15 45 4.4 +1.4
SHE State Street SPDR MSCI USA Gender Diversity ETF 0.1 20 40 4.6 +1.6
RWL Invesco S&P 500 Revenue ETF 0.1 39 21 5.8 +2.8
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 51 4.1 +1.1
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.1 20 40 5.6 +2.6
VUG Vanguard Growth ETF 0.1 4 56 3.5 +0.5
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 49 4.4 +1.4
VT Vanguard Total World Stock ETF 0.1 6 54 5.0 +2.0
IUS Invesco RAFI Strategic US ETF 0.1 19 41 5.8 +2.8
AFLG First Trust Active Factor Large Cap ETF 0.1 55 5 5.3 +2.3
TOK iShares MSCI Kokusai ETF 0.1 26 34 4.3 +1.3
ILCG iShares Morningstar Growth ETF 0.1 4 56 3.1 +0.1
MTUM iShares MSCI USA Momentum Factor ETF 0.1 15 45 2.7 -0.3
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 40 4.0 +1.0
RAUS RACWI US ETF 0.1 15 45 4.2 +1.2
IWF iShares Russell 1000 Growth ETF 0.1 19 41 3.4 +0.3
VONG Vanguard Russell 1000 Growth ETF 0.1 7 53 3.7 +0.6
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 51 4.2 +1.1
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 51 4.1 +1.0
BCDF Horizon Kinetics Blockchain Development ETF 0.1 85 -25 3.9 +0.9
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 11 4.8 +1.8
IVV iShares Core S&P 500 ETF 0.1 3 57 4.3 +1.3
SPY SPDR S&P 500 ETF 0.1 9 51 4.2 +1.2
SPYM State Street SPDR Portfolio S&P 500 ETF 0.1 2 58 4.3 +1.3
VOO Vanguard S&P 500 ETF 0.1 3 57 4.3 +1.3
APIE ActivePassive International Equity ETF 0.1 45 15 6.1 +3.1
URTH iShares MSCI World ETF 0.1 24 36 4.4 +1.3
VHT Vanguard Health Care ETF 0.1 9 51 4.9 +1.9
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 57 5.7 +2.6
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 50 4.9 +1.9
OUSA ALPS O'Shares U.S. Quality Dividend ETF 0.1 48 12 5.1 +2.1
ACWI iShares MSCI ACWI ETF 0.1 32 28 4.7 +1.6
PBUS Invesco MSCI USA ETF 0.1 4 56 4.3 +1.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 41 5.2 +2.2
EBI Longview Advantage ETF 0.1 35 25 5.6 +2.5
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 21 5.7 +2.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 51 4.8 +1.7
REVS Columbia Research Enhanced Value ETF 0.0 19 41 6.8 +3.7
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 56 3.5 +0.4
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.0 15 45 4.9 +1.9
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 30 3.9 +0.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.0 15 45 6.2 +3.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 31 5.4 +2.3
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.0 10 50 3.8 +0.8
INRO iShares U.S. Industry Rotation Active ETF 0.0 42 18 4.0 +1.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 15 6.8 +3.8
VFVA Vanguard U.S. Value Factor ETF 0.0 13 47 9.0 +6.0
GSPY Gotham Enhanced 500 ETF 0.0 50 10 4.5 +1.4
BKEM BNY Mellon Emerging Markets Equity ETF 0.0 11 49 7.4 +4.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.0 36 24 7.5 +4.4
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 30 5.0 +2.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.0 12 48 4.4 +1.3
FELV Fidelity Enhanced Large Cap Value ETF 0.0 18 42 5.8 +2.8
FELG Fidelity Enhanced Large Cap Growth ETF 0.0 18 42 4.0 +1.0
RECS Columbia Research Enhanced Core ETF 0.0 15 45 5.1 +2.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 1 6.9 +3.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.0 18 42 6.1 +3.1
GEW Cambria Global EW ETF 0.0 29 31 5.3 +2.3
FBCV Fidelity Blue Chip Value ETF 0.0 59 1 6.2 +3.2
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -30 3.1 +0.1
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 32 5.4 +2.4

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:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 16.8 %
Divided by: Fwd. P/BV 4.6 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 3.0 %
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.