iShares U.S. Aerospace & Defense ETF
ALTAR
Score™		 1.4% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 49.2x P/Sales
ratio		 3.4x
P/BV
ratio		 7.3x Div.
yield		 0.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The iShares U.S. Aerospace & Defense Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Select Aerospace & Defense Index.

FUND BASICS
Category US Equities
Fund Sponsor Barclays Global Investors
Website www.ishares.com
Inception date May 01, 2006
Assets (mns) $14,399
Currency USD
Expense ratio 40 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 41
Wgt avg mkt cap (mns) $147,113
Large cap (>$10bn) 89.1%
Mid cap ($2-10bn) 9.9%
Small cap (<$2bn) 1.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
GE AEROSPACE 19.5 %
RTX CORP 16.9 %
BOEING CO 7.4 %
LOCKHEED MARTIN CORP 5.5 %
NORTHROP GRUMMAN CORP 5.3 %
L3HARRIS TECHNOLOGIES INC 5.0 %
HOWMET AEROSPACE INC. 4.9 %
GENERAL DYNAMICS CORP 4.1 %
TRANSDIGM GROUP INC 3.7 %
AXON ENTERPRISE INC 3.4 %
Total 75.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.1 %
PUERTO RICO 0.1 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
13.5% 58.5% 21.6% 17.0% 13.2%

Market Correlations
versus... Beta R-squared
S&P500 0.85 53%
MSCI EAFE 0.89 42%
MSCI Emg. Mkts. 0.70 31%

Technical Indicators
Recent close $232.81
30d moving avg. $237.88
Annualized volatility 16.2%
Short interest (ETF) 2.1%
Short interest (Underlying) 2.4%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 1,678
Turnover 2.7%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $4,681

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 694 potential alternatives to the iShares U.S. Aerospace & Defense ETF ETF based on the alternatives' overlap in portfolio holdings with ITA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ITA Expense: 40 bp ALTAR Score™: 1.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ITA
Ticker Fund
Name		 Overlap1
vs ITA
(%)		 Expense
ratio
(bp)		 Savings
vs ITA
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs ITA
(%)
MISL First Trust Indxx Aerospace & Defense ETF 63.0 60 -20 1.6 +0.1
NATO Themes Transatlantic Defense ETF 55.7 35 5 1.7 +0.3
XAR State Street SPDR S&P Aerospace & Defense ETF 52.4 35 5 1.7 +0.2
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 34.3 60 -20 3.3 +1.9
SHLD Global X Defense Tech ETF 33.4 50 -10 2.4 +0.9
XLI Industrial Select Sector SPDR 27.3 8 32 3.7 +2.2
ROKT State Street SPDR S&P Kensho Final Frontiers ETF 26.6 45 -5 0.9 -0.5
VIS Vanguard Industrials ETF 23.5 9 31 3.7 +2.3
FIDU Fidelity MSCI Industrial Index ETF 23.3 8 32 3.7 +2.3
LVDS JPMorgan Fundamental Data Science Large Value ETF 20.5 49 -9 5.3 +3.9
FTWO Strive FAANG 2.0 ETF 20.4 49 -9 3.7 +2.2
IYJ iShares U.S. Industrials ETF 19.8 40 0 4.1 +2.7
FITE State Street SPDR S&P Kensho Future Security ETF 17.5 45 -5 1.3 -0.1
QMOM Alpha Architect U.S. Quantitative Momentum ETF 15.6 39 1 1.2 -0.2
RSPN Invesco S&P 500 Equal Weight Industrials ETF 15.5 40 0 4.5 +3.1
JEDI Defiance Drone and Modern Warfare ETF 15.1 69 -29 1.2 -0.2
MADE iShares U.S. Manufacturing ETF 14.9 40 0 3.7 +2.2
EXI iShares Global Industrials ETF 14.8 42 -2 3.7 +2.2
DGLO First Trust RBA Deglobalization ETF 14.5 70 -30 5.6 +4.2
PRN Invesco Dorsey Wright Industrials Momentum ETF 14.1 60 -20 1.4 -0.0
UFO Procure Space ETF 12.7 75 -35 0.1 -1.4
SAGP Strategas Global Policy Opportunities ETF 11.2 65 -25 4.8 +3.4
RW Rainwater Equity ETF 10.4 125 -85 3.0 +1.5
NETZ TCW Transform Systems ETF 10.2 75 -35 1.5 +0.1
WAR U.S. Global Tech and Aerospace & Defense ETF 10.1 60 -20 0.2 -1.2
LIVR Intelligent Livermore ETF 10.1 69 -29 2.8 +1.4
CGDV Capital Group Dividend Value ETF 9.9 33 7 4.1 +2.7
DRNZ REX Drone ETF 9.8 65 -25 -1.5 -3.0
GDFN Tema International Defense Innov ETF 9.5 75 -35 2.4 +1.0
ARKX ARK Space Exploration & Innovation ETF 9.5 75 -35 0.0 -1.4
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 9.4 60 -20 3.4 +2.0
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 8.9 60 -20 7.3 +5.8
BGRO iShares Large Cap Growth Active ETF 8.6 55 -15 2.1 +0.7
MVAL VanEck Morningstar Wide Moat Value ETF 8.3 49 -9 6.2 +4.8
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 8.3 60 -20 4.4 +3.0
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 8.2 61 -21 6.2 +4.7
GRNJ Fundstrat Granny Shts US Sm- &Mid-CapETF 8.2 75 -35 2.2 +0.8
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 8.1 20 20 0.9 -0.5
PDP Invesco Dorsey Wright Momentum ETF 8.0 62 -22 1.6 +0.2
YOKE Yoke Core ETF 7.9 42 -2 3.9 +2.5
IJK iShares S&P Mid-Cap 400 Growth ETF 7.7 17 23 4.4 +3.0
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 7.7 15 25 4.4 +3.0
MTUM iShares MSCI USA Momentum Factor ETF 7.7 15 25 2.8 +1.4
XMMO Invesco S&P MidCap Momentum ETF 7.6 34 6 3.7 +2.3
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 7.6 10 30 4.4 +3.0
AUSF Global X Adaptive U.S. Factor ETF 7.5 27 13 8.1 +6.7
ARKQ ARK Autonomous Technology & Robotics ETF 7.0 75 -35 1.0 -0.4
PAVE Global X U.S. Infrastructure Development ETF 6.9 47 -7 4.6 +3.2
RFG Invesco S&P Midcap 400 Pure Growth ETF 6.8 35 5 4.8 +3.4
SNPV Xtrackers S&P 500 Value ESG ETF 6.8 15 25 5.8 +4.3
AFOS ARS Focused Opportunities Strategy ETF 6.8 45 -5 2.2 +0.8
NUKZ Range Nuclear Renaissance Index ETF 6.6 85 -45 1.3 -0.1
ITAN Sparkline Intangible Value ETF 6.6 50 -10 6.5 +5.1
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 6.5 35 5 5.7 +4.3
STRN SMART Trend 25 ETF 6.5 59 -19 2.9 +1.5
MDLV Morgan Dempsey Large Cap Value ETF 6.5 58 -18 5.8 +4.4
FTCS First Trust Capital Strength ETF 6.4 55 -15 5.4 +4.0
VOT Vanguard Mid-Cap Growth ETF 6.4 7 33 3.3 +1.8
ACEP ARS Core Equity ETF 6.3 45 -5 4.5 +3.1
ULVM VictoryShares US Value Momentum ETF 6.3 20 20 6.5 +5.0
IQM Franklin Intelligent Machines ETF 6.1 50 -10 1.3 -0.1
BOUT Innovator IBD Breakout Opportunities ETF 6.1 81 -41 3.4 +2.0
IWP iShares Russell Mid-Cap Growth ETF 6.0 23 17 2.9 +1.5
LOGO Alpha Brands Consumption Leaders ETF 6.0 69 -29 2.6 +1.2
TOLL Tema Durable Quality ETF 5.9 75 -35 4.3 +2.8
CLNR IQ Cleaner Transport ETF 5.9 45 -5 3.9 +2.4
SPHQ Invesco S&P 500 Quality ETF 5.8 15 25 4.8 +3.4
IMCG iShares Morningstar Mid-Cap Growth ETF 5.7 6 34 3.7 +2.2
MOAT VanEck Morningstar Wide Moat ETF 5.6 46 -6 5.6 +4.2
FTC First Trust Large Cap Growth AlphaDEX Fund 5.6 59 -19 2.0 +0.6
GLRY Inspire Faithward Mid Cap Momentum ETF 5.6 80 -40 3.9 +2.5
CGUS Capital Group Core Equity ETF 5.6 33 7 3.8 +2.4
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 5.4 60 -20 5.1 +3.7
JETS U.S. Global Jets ETF 5.4 60 -20 2.8 +1.4
TRFM AAM Transformers ETF 5.4 49 -9 1.2 -0.2
USSE Segall Bryant & Hamill Select Equity ETF 5.4 65 -25 3.2 +1.8
SPIT F/m Emerald Special Situations ETF 5.3 105 -65 -0.7 -2.1
BLCV iShares Large Cap Value Active ETF 5.2 53 -13 6.7 +5.3
BGIG Bahl & Gaynor Income Growth ETF 5.2 45 -5 4.6 +3.2
SPMO Invesco S&P 500 Momentum ETF 5.2 13 27 3.6 +2.2
PRNT 3D Printing ETF 5.1 66 -26 1.4 +0.0
EQWL Invesco S&P 100 Equal Weight ETF 5.1 25 15 5.7 +4.2
AIRR First Trust RBA American Industrial Renaissance ETF 5.0 70 -30 3.9 +2.5
VFMO Vanguard U.S. Momentum Factor ETF 5.0 13 27 1.9 +0.5
GRNY Fundstrat Granny Shots US Large Cap ETF 4.9 75 -35 2.3 +0.9
BELT iShares Long-Term U.S. Equity Active ETF 4.9 75 -35 2.5 +1.1
SCHD Schwab US Dividend Equity ETF 4.9 6 34 8.3 +6.8
PWB Invesco Large Cap Growth ETF 4.9 56 -16 2.2 +0.8
QTUM Defiance Quantum ETF 4.9 40 0 4.9 +3.5
VDIG Vanguard Wellington Dividend Growth Active ETF 4.9 40 0 4.5 +3.1
FFTY Innovator IBD 50 ETF 4.8 80 -40 -0.0 -1.4
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 4.8 75 -35 2.2 +0.8
BLCR iShares Large Cap Core Active ETF 4.8 36 4 3.2 +1.8
MGV Vanguard Mega Cap Value ETF 4.8 7 33 5.7 +4.2
FSGS First Trust SMID Growth Strength ETF 4.6 60 -20 5.0 +3.6
SMAP Amplify Small-Mid Cap Equity ETF 4.6 60 -20 4.8 +3.3
CRTC Xtrackers US National Critical Technologies ETF 4.6 35 5 4.3 +2.9
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 4.6 95 -55 -0.5 -1.9
YALL God Bless America ETF 4.5 65 -25 4.2 +2.7
VBK Vanguard Small-Cap Growth ETF 4.5 7 33 1.4 -0.1
STXM Strive Mid-Cap ETF 4.5 18 22 5.7 +4.2
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 4.4 15 25 3.3 +1.8
JMOM JPMorgan U.S. Momentum Factor ETF 4.4 12 28 3.7 +2.3
FDMO Fidelity Momentum Factor ETF 4.4 15 25 2.7 +1.3
GGRW Gabelli Growth Innovators ETF 4.4 90 -50 2.1 +0.7
FFOX FundX Future Fund Opportunities ETF 4.4 100 -60 2.5 +1.1
STXD Strive 1000 Dividend Growth ETF 4.4 35 5 4.6 +3.1
GOP Unusual Whales Subversive Republican Trading ETF 4.4 50 -10 4.6 +3.2
RPG Invesco S&P 500 Pure Growth ETF 4.3 35 5 2.9 +1.5
CGGR Capital Group Growth ETF 4.3 39 1 2.6 +1.2
LOUP Innovator Deepwater Frontier Tech ETF 4.3 70 -30 1.1 -0.3
MDY SPDR S&P Midcap 400 ETF Trust 4.3 23 17 6.3 +4.9
MBCC Monarch Blue Chips Core ETF 4.2 125 -85 4.0 +2.6
YLDE ClearBridge Dividend Strategy ESG ETF 4.2 60 -20 5.1 +3.7
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 4.2 60 -20 5.1 +3.7
PEXL Pacer US Export Leaders ETF 4.2 60 -20 3.5 +2.1
SIXA ETC 6 Meridian Mega Cap Equity ETF 4.2 80 -40 5.7 +4.3
AQEC AQE Core ETF 4.1 49 -9 5.1 +3.7
FTDS First Trust Dividend Strength ETF 4.1 70 -30 7.1 +5.7
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 4.1 60 -20 6.3 +4.9
CGGO Capital Group Global Growth Equity ETF 4.1 47 -7 4.5 +3.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 4.0 64 -24 1.4 +0.0
LGLV State Street SPDR US Large Cap Low Volatility Index ETF 4.0 12 28 5.4 +4.0
AKAF The Frontier Economic Fund 4.0 20 20 5.3 +3.9
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 4.0 3 37 6.5 +5.1
IJH iShares Core S&P Mid-Cap ETF 4.0 5 35 6.5 +5.1
FMDE Fidelity Enhanced Mid Cap ETF 4.0 23 17 5.7 +4.3
MAGA Point Bridge America First ETF 4.0 72 -32 5.2 +3.8
XJH iShares ESG Screened S&P Mid-Cap ETF 4.0 12 28 6.4 +4.9
IVOO Vanguard S&P Mid-Cap 400 ETF 3.9 7 33 6.5 +5.1
FFLC Fidelity Fundamental Large Cap Core ETF 3.9 38 2 4.1 +2.7
SMOX Horizon Small/Mid Cap Core Equity ETF 3.9 75 -35 5.7 +4.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 3.8 29 11 5.9 +4.5
LYLD Cambria Large Cap Shareholder Yield ETF 3.8 59 -19 8.5 +7.1
RUNN Running Oak Efficient Growth ETF 3.7 58 -18 4.7 +3.3
ABIG Argent Large Cap ETF 3.7 49 -9 4.6 +3.2
FTCE First Trust New Constructs Core Earnings Leaders ETF 3.7 60 -20 4.9 +3.4
BKMC BNY Mellon US Mid Cap Core Equity ETF 3.7 4 36 5.9 +4.4
CSMD Congress SMid Growth ETF 3.6 69 -29 3.6 +2.2
EQIN Columbia US Equity Income ETF 3.6 35 5 6.3 +4.8
SCDV Bahl & Gaynor Small Cap Dividend ETF 3.6 70 -30 4.1 +2.7
TNUK Tortoise Nuclear Renaissance ETF 3.6 75 -35 0.7 -0.8
IWX iShares Russell Top 200 Value ETF 3.6 20 20 5.3 +3.9
DSTL Distillate US Fundamental Stability & Value ETF 3.6 39 1 7.7 +6.3
XMAG Defiance Large Cap ex-Mag 7 ETF 3.6 35 5 4.6 +3.2
SCHV Schwab U.S. Large-Cap Value ETF 3.6 4 36 5.9 +4.5
FMTM MarketDesk Focused U.S. Momentum ETF 3.5 45 -5 5.3 +3.9
EDOW First Trust Dow 30 Equal Weight ETF 3.5 50 -10 4.7 +3.3
SDY State Street SPDR S&P Dividend ETF 3.5 35 5 6.0 +4.6
FELV Fidelity Enhanced Large Cap Value ETF 3.5 18 22 6.0 +4.6
HAIL State Street SPDR S&P Kensho Smart Mobility ETF 3.5 45 -5 -1.6 -3.0
SCHM Schwab U.S. Mid-Cap ETF 3.4 4 36 6.3 +4.9
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 3.4 12 28 3.8 +2.4
WLDR Affinity World Leaders Equity ETF 3.4 67 -27 6.6 +5.2
VTV Vanguard Value ETF 3.4 4 36 6.1 +4.6
GK AdvisorShares Gerber Kawasaki ETF 3.4 75 -35 1.6 +0.2
CAML Congress Large Cap Growth ETF 3.4 66 -26 2.5 +1.1
NUMG Nuveen ESG Mid-Cap Growth ETF 3.4 31 9 1.9 +0.5
SPXT ProShares S&P 500 Ex-Technology ETF 3.4 9 31 4.9 +3.5
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 3.3 52 -12 5.0 +3.6
AMID Argent Mid Cap ETF Argent Mid Cap ETF 3.3 52 -12 5.3 +3.8
JEPI JPMorgan Equity Premium Income ETF 3.3 35 5 4.8 +3.4
RGEF Rockefeller Global Equity ETF 3.3 55 -15 4.1 +2.7
DSPY Tema S&P 500 Historical Weight ETF 3.3 18 22 4.7 +3.3
VO Vanguard Mid-Cap ETF 3.3 4 36 5.5 +4.1
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 3.3 15 25 6.5 +5.1
FMKT The Free Markets ETF 3.2 76 -36 4.3 +2.9
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 3.2 60 -20 4.2 +2.8
FBOT Fidelity Disruptive Automation ETF 3.2 50 -10 3.1 +1.7
DVND Touchstone Dividend Select ETF 3.2 67 -27 5.5 +4.0
PY Principal Value ETF 3.2 15 25 7.2 +5.8
SPMV Invesco S&P 500 Minimum Variance ETF 3.2 10 30 5.1 +3.7
AIVL WisdomTree U.S. AI Enhanced Value Fund 3.2 38 2 5.3 +3.9
HGRO Hedgeye Quality Growth ETF 3.2 70 -30 3.5 +2.1
WBAT WisdomTree Battery Value Chain and Innovation Fund 3.2 45 -5 -0.9 -2.4
POWA Invesco Bloomberg Pricing Power ETF 3.1 40 0 5.6 +4.2
LGDX Intech S&P Large Cap Diversified Alpha ETF 3.1 25 15 4.4 +2.9
VYM Vanguard High Dividend Yield Index ETF 3.1 6 34 6.3 +4.9
RND First Trust Bloomberg R&D Leaders ETF 3.1 60 -20 2.6 +1.2
VONV Vanguard Russell 1000 Value ETF 3.1 7 33 5.8 +4.4
IWD iShares Russell 1000 Value ETF 3.1 19 21 5.7 +4.3
AIEQ AI Powered Equity ETF 3.1 75 -35 4.0 +2.5
MDCP VictoryShares THB Mid Cap ESG ETF 3.1 55 -15 4.6 +3.2
FDLS Inspire Fidelis Multi Factor ETF 3.0 76 -36 3.5 +2.1
FUNL CornerCap Fundametrics Large-Cap ETF 3.0 50 -10 6.1 +4.7
JOET Virtus Terranova US Quality Momentum ETF 3.0 29 11 4.0 +2.6
OEI Optimized Equity Income ETF 3.0 75 -35 3.5 +2.0
FVAL Fidelity Value Factor ETF 3.0 15 25 6.3 +4.9
TMFM Motley Fool Mid-Cap Growth ETF 3.0 85 -45 2.1 +0.7
IMCB iShares Morningstar Mid-Cap ETF 3.0 4 36 5.6 +4.2
CFA VictoryShares US 500 Volatility Wtd ETF 3.0 35 5 5.4 +4.0
DGRO iShares Core Dividend Growth ETF 3.0 8 32 5.7 +4.3
TMFG Motley Fool Global Opportunities ETF 3.0 85 -45 3.9 +2.5
THRO iShares U.S. Thematic Rotation Active ETF 3.0 90 -50 3.4 +2.0
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 3.0 40 0 5.4 +4.0
TOPC iShares S&P 500 3% Capped ETF 2.9 15 25 4.6 +3.2
IWR iShares Russell Midcap ETF 2.9 19 21 5.7 +4.3
IWO iShares Russell 2000 Growth ETF 2.9 24 16 0.6 -0.8
PSET Principal Quality ETF 2.9 15 25 5.0 +3.5
BAI iShares AI Innovation and Tech Active ETF 2.9 55 -15 1.4 -0.1
QUVU Hartford Quality Value ETF 2.9 46 -6 5.9 +4.4
DFLV Dimensional US Large Cap Value ETF 2.9 22 18 6.5 +5.1
NUSC Nuveen ESG Small-Cap ETF 2.9 31 9 5.3 +3.9
JAVA JPMorgan Active Value ETF 2.9 44 -4 5.8 +4.4
FEX First Trust Large Cap Core AlphaDEX Fund 2.9 59 -19 5.3 +3.9
MFMO Motley Fool Momentum Factor ETF 2.9 50 -10 2.3 +0.9
BFOR ALPS Barron's 400 ETF 2.9 65 -25 5.2 +3.8
LCDS JPMorgan Fundamental Data Science Large Core ETF 2.9 30 10 4.3 +2.9
STXG Strive 1000 Growth ETF 2.9 18 22 3.4 +2.0
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 2.9 19 21 5.0 +3.6
DFUV Dimensional US Marketwide Value ETF 2.9 22 18 6.6 +5.2
FDRR Fidelity Dividend ETF for Rising Rates 2.9 15 25 6.1 +4.7
SFTY Horizon Managed Risk ETF 2.8 77 -37 3.7 +2.3
FNY First Trust Mid Cap Growth AlphaDEX Fund 2.8 70 -30 2.3 +0.8
BBLU EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF 2.8 15 25 4.5 +3.1
STOX Horizon Core Equity ETF 2.8 70 -30 3.8 +2.4
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 2.8 7 33 5.7 +4.3
FDLO Fidelity Low Volatility Factor ETF 2.8 15 25 4.9 +3.5
ESML iShares ESG Aware MSCI USA Small-Cap ETF 2.8 17 23 5.4 +4.0
FELC Fidelity Enhanced Large Cap Core ETF 2.8 18 22 4.7 +3.2
DGT State Street SPDR Global Dow ETF 2.8 50 -10 6.0 +4.6
TIME Clockwise Core Equity & Innovation ETF 2.8 95 -55 2.3 +0.9
GVUS Marketbeta Russell 1000 Value Equity ETF 2.8 12 28 5.8 +4.4
IUSG iShares Core S&P U.S. Growth ETF 2.8 4 36 3.3 +1.9
ISCG iShares Morningstar Small-Cap Growth ETF 2.8 6 34 3.0 +1.5
ZECP Zacks Earnings Consistent Portfolio ETF 2.8 55 -15 4.3 +2.8
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 2.8 75 -35 3.5 +2.0
DIA SPDR Dow Jones Industrial Average ETF 2.8 16 24 5.0 +3.5
EMOT First Trust S&P 500 Economic Moat ETF 2.7 60 -20 7.9 +6.4
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 2.7 58 -18 4.9 +3.4
JMEE JPMorgan Market Expansion Enhanced Equity ETF 2.7 24 16 6.5 +5.1
AFMC First Trust Active Factor Mid Cap ETF 2.7 65 -25 7.6 +6.2
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 2.7 9 31 5.4 +4.0
MOTG VanEck Morningstar Global Wide Moat ETF 2.7 52 -12 7.6 +6.2
DLN WisdomTree U.S. LargeCap Dividend Fund 2.7 28 12 5.6 +4.2
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 2.7 20 20 6.4 +5.0
DAK Dakota Active Equity ETF 2.7 43 -3 4.0 +2.5
FFND Future Fund Active ETF 2.6 100 -60 4.6 +3.1
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 2.6 27 13 6.4 +4.9
FNDA Schwab Fundamental US Small Co. Index ETF 2.6 25 15 6.7 +5.3
ILCV iShares Morningstar Value ETF 2.6 4 36 5.6 +4.1
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 2.6 35 5 6.8 +5.4
SIZE iShares MSCI USA Size Factor ETF 2.6 15 25 5.7 +4.3
SPXN ProShares S&P 500 Ex-Financials ETF 2.6 9 31 4.2 +2.8
VALQ American Century U.S. Quality Value ETF 2.6 29 11 7.1 +5.7
ADME Aptus Drawdown Managed Equity ETF 2.6 79 -39 3.5 +2.1
LCF Touchstone US Large Cap Focused ETF 2.6 69 -29 3.8 +2.4
VXF Vanguard Extended Market ETF 2.6 5 35 4.1 +2.7
DIVB iShares Core Dividend ETF 2.5 5 35 7.6 +6.2
SDOG ALPS Sector Dividend Dogs ETF 2.5 36 4 8.6 +7.1
ILCB iShares Morningstar U.S. Equity ETF 2.5 3 37 4.4 +3.0
LGRO Level Four Large Cap Growth Active ETF 2.5 55 -15 4.0 +2.5
VOOG Vanguard S&P 500 Growth ETF 2.5 7 33 3.3 +1.8
DFUS Dimensional U.S. Equity ETF 2.5 9 31 4.4 +2.9
DEUS Xtrackers Russell US Multifactor ETF 2.5 17 23 6.7 +5.2
SPYG State Street SPDR Portfolio S&P 500 Growth ETF 2.5 4 36 3.3 +1.9
TOV JLens 500 Jewish Advocacy U.S. ETF 2.5 18 22 4.2 +2.8
VB Vanguard Small-Cap ETF 2.5 5 35 5.6 +4.2
IVW iShares S&P 500 Growth ETF 2.5 18 22 3.2 +1.7
SFGV Sequoia Global Value ETF 2.5 23 17 7.4 +5.9
DTD WisdomTree U.S. Total Dividend Fund 2.5 28 12 5.9 +4.5
SCHX Schwab U.S. Large-Cap ETF 2.5 3 37 4.5 +3.1
TBG TBG Dividend Focus ETF 2.5 59 -19 6.4 +5.0
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 2.5 20 20 4.2 +2.8
SCHK Schwab 1000 Index ETF 2.5 5 35 4.5 +3.1
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 2.5 3 37 4.6 +3.2
IYY iShares Dow Jones U.S. ETF 2.5 20 20 4.3 +2.9
QDIV Global X S&P 500 Quality Dividend ETF 2.5 20 20 7.9 +6.5
VTI Vanguard Total Stock Market ETF 2.5 3 37 4.4 +3.0
VV Vanguard Large-Cap ETF 2.5 4 36 4.4 +2.9
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 2.5 49 -9 8.1 +6.7
IWB iShares Russell 1000 ETF 2.5 15 25 4.4 +3.0
VONE Vanguard Russell 1000 ETF 2.5 7 33 4.5 +3.1
EUSA iShares MSCI USA Equal Weighted ETF 2.5 9 31 5.7 +4.3
CGDG Capital Group Dividend Growers ETF 2.5 47 -7 5.2 +3.8
FLAG Global X S&P 500 U.S. Market Leaders Top 50 ETF 2.5 29 11 7.1 +5.6
IWV iShares Russell 3000 ETF 2.4 20 20 4.3 +2.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 2.4 3 37 4.4 +3.0
FSST Fidelity Sustainable U.S. Equity ETF 2.4 59 -19 3.3 +1.9
ILCG iShares Morningstar Growth ETF 2.4 4 36 3.3 +1.9
SCHB Schwab U.S. Broad Market ETF 2.4 3 37 4.5 +3.1
RAUS RACWI US ETF 2.4 15 25 4.4 +3.0
GXLC Global X U.S. 500 ETF 2.4 2 38 4.4 +2.9
SPXV ProShares S&P 500 Ex-Health Care ETF 2.4 9 31 4.2 +2.8
VOO Vanguard S&P 500 ETF 2.4 3 37 4.5 +3.1
OEF iShares S&P 100 ETF 2.4 20 20 4.1 +2.7
RSP Invesco S&P 500 Equal Weight ETF 2.4 20 20 6.1 +4.7
STRV Strive 500 ETF 2.4 5 35 4.4 +2.9
SPYM State Street SPDR Portfolio S&P 500 ETF 2.4 2 38 4.5 +3.1
VTHR Vanguard Russell 3000 ETF 2.4 7 33 4.4 +3.0
RWL Invesco S&P 500 Revenue ETF 2.4 39 1 6.1 +4.7
IVV iShares Core S&P 500 ETF 2.4 3 37 4.5 +3.1
SPY SPDR S&P 500 ETF 2.4 9 31 4.4 +3.0
XOEF iShares S&P 500 ex S&P 100 ETF 2.4 20 20 4.9 +3.5
QGRW WisdomTree U.S. Quality Growth Fund 2.4 28 12 3.1 +1.6
QLV FlexShares US Quality Low Volatility Index Fund 2.4 22 18 5.0 +3.6
BGDV Bahl & Gaynor Dividend ETF 2.4 45 -5 4.1 +2.7
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 2.4 20 20 4.5 +3.1
OSCV Opus Small Cap Value ETF 2.4 79 -39 6.0 +4.6
ARKK ARK Innovation ETF 2.4 75 -35 -3.1 -4.5
RFFC ALPS Active Equity Opportunity ETF 2.4 48 -8 3.8 +2.4
ABFL Abacus FCF Leaders ETF 2.4 59 -19 4.0 +2.6
QDF FlexShares Quality Dividend Index Fund 2.4 37 3 5.7 +4.2
WCEO Hypatia Women CEO ETF 2.4 85 -45 5.1 +3.7
PFM Invesco Dividend Achievers ETF 2.4 53 -13 4.8 +3.4
ESMV iShares ESG MSCI USA Min Vol Factor ETF 2.4 18 22 5.1 +3.7
RAYD Rayliant Quantitative Developed Market Equity ETF 2.3 80 -40 3.8 +2.4
SURE AdvisorShares Insiders Advantage ETF 2.3 90 -50 8.5 +7.0
IWL iShares Russell Top 200 ETF 2.3 15 25 4.1 +2.7
TMFX Motley Fool Next Index ETF 2.3 50 -10 3.1 +1.7
APUE ActivePassive U.S. Equity ETF 2.3 45 -5 4.2 +2.8
DFAU Dimensional US Core Equity Market ETF 2.3 12 28 4.6 +3.2
VOOV Vanguard S&P 500 Value ETF 2.3 7 33 5.8 +4.4
SWP SWP Growth & Income ETF 2.3 99 -59 4.3 +2.8
MGC Vanguard Mega Cap ETF 2.3 7 33 4.1 +2.7
SPYV State Street SPDR Portfolio S&P 500 Value ETF 2.3 4 36 5.9 +4.4
IVE iShares S&P 500 Value ETF 2.3 18 22 5.7 +4.3
ACVF American Conservative Values ETF 2.3 75 -35 3.9 +2.5
DVGR DAC 3D Dividend Growth ETF 2.3 65 -25 4.8 +3.4
FTGS First Trust Growth Strength ETF 2.3 60 -20 3.7 +2.3
SMOT VanEck Morningstar SMID Moat ETF 2.3 49 -9 6.8 +5.4
NACP Impact Shares NAACP Minority Empowerment ETF 2.3 49 -9 4.2 +2.8
RVRB Reverb ETF 2.3 30 10 4.2 +2.7
IUS Invesco RAFI Strategic US ETF 2.3 19 21 6.0 +4.6
AESR Anfield U.S. Equity Sector Rotation ETF 2.3 108 -68 3.3 +1.8
ENHU iShares Enhanced Large Cap Core Active ETF 2.3 22 18 4.4 +3.0
USMV iShares MSCI USA Min Vol Factor ETF 2.3 15 25 5.1 +3.7
FCTR First Trust Lunt U.S. Factor Rotation ETF 2.3 65 -25 5.0 +3.6
SPXE ProShares S&P 500 Ex-Energy ETF 2.3 9 31 4.3 +2.9
HAPI Harbor Human Capital Factor US Large Cap ETF 2.3 36 4 4.3 +2.9
DHS WisdomTree U.S. High Dividend Fund 2.3 38 2 8.2 +6.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 2.3 39 1 2.5 +1.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 2.3 11 29 4.4 +3.0
LEAD Siren DIVCON Leaders Dividend ETF 2.2 43 -3 3.8 +2.4
RNSC Furst Trust Small Cap US Equity Select ETF 2.2 60 -20 4.7 +3.3
HWAY Themes US Infrastructure ETF 2.2 29 11 5.1 +3.7
FVD First Trust Value Line Dividend Index Fund 2.2 65 -25 5.6 +4.2
FSMD Fidelity Small-Mid Multifactor ETF 2.2 15 25 7.1 +5.6
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 2.2 20 20 7.5 +6.0
RDVY First Trust Rising Dividend Achievers ETF 2.2 50 -10 5.5 +4.0
FNDB Schwab Fundamental US Broad Market Index ETF 2.2 25 15 6.6 +5.2
JHML John Hancock Multifactor Large Cap ETF 2.2 29 11 4.8 +3.4
IUSV iShares Core S&P US Value ETF 2.2 4 36 6.0 +4.6
VOTE TCW Transform 500 ETF 2.2 5 35 4.4 +3.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 2.2 2 38 4.4 +3.0
GGUS Marketbeta Russell 1000 Growth Equity ETF 2.2 12 28 3.6 +2.1
VTWG Vanguard Russell 2000 Growth ETF 2.2 10 30 0.7 -0.7
INCE Franklin Income Equity Focus ETF 2.2 29 11 5.3 +3.9
USRD Themes US R&D Champions ETF 2.2 29 11 4.3 +2.9
PBUS Invesco MSCI USA ETF 2.2 4 36 4.5 +3.0
GURU Global X Guru Index ETF 2.2 75 -35 2.6 +1.2
FNDX Schwab Fundamental US Large Co. Index ETF 2.2 25 15 6.6 +5.2
LCTU BlackRock U.S. Carbon Transition Readiness ETF 2.2 14 26 4.4 +3.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 2.2 7 33 4.4 +2.9
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 2.2 29 11 4.2 +2.8
DFSU Dimensional US Sustainability Core 1 ETF 2.2 18 22 4.9 +3.5
BKLC BNY Mellon US Large Cap Core Equity ETF 2.2 0 40 4.4 +3.0
DCOR Dimensional US Core Equity 1 ETF 2.1 14 26 4.9 +3.5
FELG Fidelity Enhanced Large Cap Growth ETF 2.1 18 22 3.5 +2.0
FFOG Franklin Focused Growth ETF 2.1 61 -21 1.7 +0.3
PRF Invesco FTSE RAFI US 1000 ETF 2.1 34 6 6.1 +4.7
QGRO American Century U.S. Quality Growth ETF 2.1 29 11 4.0 +2.6
FBCV Fidelity Blue Chip Value ETF 2.1 59 -19 6.1 +4.7
FXZ First Trust Materials AlphaDEX Fund 2.1 61 -21 7.3 +5.8
IYM iShares U.S. Basic Materials ETF 2.1 40 0 4.6 +3.2
SFY SoFi Select 500 ETF 2.1 0 40 4.0 +2.6
MCOW Pacer S&P MidCap 400 Quality FCF Aristocrats ETF 2.1 49 -9 6.9 +5.5
GEW Cambria Global EW ETF 2.1 29 11 5.6 +4.1
KAT Scharf ETF 2.1 87 -47 6.1 +4.7
TAX Cambria Tax Aware ETF 2.1 49 -9 4.5 +3.1
IWS iShares Russell Mid-Cap Value ETF 2.1 23 17 6.5 +5.1
QUS State Street SPDR MSCI USA StrategicFactors ETF 2.1 15 25 5.1 +3.7
ICAP InfraCap Equity Income Fund ETF 2.0 171 -131 4.7 +3.3
IETC iShares U.S. Tech Independence Focused ETF 2.0 18 22 3.3 +1.9
VIG Vanguard Dividend Appreciation ETF 2.0 5 35 5.1 +3.7
SPLV Invesco S&P 500 Low Volatility ETF 2.0 25 15 4.8 +3.4
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 2.0 25 15 4.8 +3.4
VNSE Natixis Vaughan Nelson Select ETF 2.0 80 -40 3.6 +2.1
UPGD Invesco Bloomberg Analyst Rating Improvers ETF 2.0 40 0 5.5 +4.1
LRGF iShares U.S. Equity Factor ETF 2.0 8 32 4.9 +3.5
QVML Invesco S&P 500 QVM Multi-factor ETF 2.0 11 29 4.6 +3.2
DFVX Dimensional US Large Cap Vector ETF 2.0 22 18 5.5 +4.1
DFAC Dimensional U.S. Core Equity 2 ETF 2.0 17 23 5.0 +3.6
VONG Vanguard Russell 1000 Growth ETF 2.0 7 33 3.7 +2.3
IWF iShares Russell 1000 Growth ETF 2.0 19 21 3.6 +2.1
GVIP Goldman Sachs Hedge Industry VIP ETF 2.0 45 -5 2.7 +1.3
FLQL Franklin LibertyQ U.S. Equity ETF 2.0 15 25 4.9 +3.4
OPTZ Optimize Strategy Index ETF 2.0 50 -10 4.2 +2.7
HYP Golden Eagle Dynamic Hypergrowth ETF 2.0 85 -45 -0.8 -2.2
SPRX Spear Alpha ETF 2.0 75 -35 -0.8 -2.2
AGIQ Sofi Agentic AI ETF 2.0 69 -29 7.4 +6.0
DBSC Deepwater Beachfront Small Cap ETF 2.0 85 -45 1.3 -0.1
BMVP Invesco Bloomberg MVP Multi-factor ETF 2.0 29 11 6.6 +5.2
VLU State Street SPDR S&P 1500 Value Tilt ETF 1.9 12 28 6.6 +5.2
USMF WisdomTree U.S. Multifactor Fund 1.9 28 12 6.6 +5.2
SCHG Schwab U.S. Large-Cap Growth ETF 1.9 4 36 3.5 +2.1
SAWG AAM Sawgrass US Large Cap Quality Growth ETF 1.9 49 -9 4.0 +2.6
SMMD iShares Russell 2500 ETF 1.9 15 25 6.1 +4.7
ALTL Pacer Lunt Large Cap Alternator ETF 1.9 60 -20 4.8 +3.3
USEW Cambria US EW ETF 1.9 30 10 4.3 +2.9
IWM iShares Russell 2000 ETF 1.9 19 21 2.9 +1.5
JGRO JPMorgan Active Growth ETF 1.9 44 -4 2.5 +1.1
RSSL Global X Russell 2000 ETF 1.9 8 32 3.0 +1.6
RPV Invesco S&P 500 Pure Value ETF 1.9 35 5 9.2 +7.8
JHMM John Hancock Multifactor Mid Cap ETF 1.9 42 -2 5.7 +4.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 1.9 25 15 5.3 +3.8
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.9 58 -18 3.5 +2.0
INRO iShares U.S. Industry Rotation Active ETF 1.9 42 -2 3.8 +2.4
VUG Vanguard Growth ETF 1.9 4 36 3.6 +2.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 1.9 35 5 6.4 +5.0
WTV WisdomTree US Value Fund of Benef Interest 1.8 12 28 8.1 +6.7
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF 1.8 65 -25 5.3 +3.9
GINX SGI Enhanced Global Income ETF 1.8 98 -58 7.0 +5.6
ESGU iShares ESG Aware MSCI USA ETF 1.8 15 25 4.4 +3.0
TOK iShares MSCI Kokusai ETF 1.8 26 14 4.6 +3.1
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 1.8 60 -20 8.1 +6.7
GSPY Gotham Enhanced 500 ETF 1.8 50 -10 4.7 +3.3
LRGC AB US Large Cap Strategic Equities ETF 1.8 48 -8 4.1 +2.7
EVUS iShares ESG Aware MSCI USA Value ETF 1.8 18 22 5.8 +4.4
OUSA ALPS O'Shares U.S. Quality Dividend ETF 1.8 48 -8 5.5 +4.1
AVMV Avantis U.S. Mid Cap Value ETF 1.7 20 20 7.7 +6.3
FBCG Fidelity Blue Chip Growth ETF 1.7 59 -19 2.4 +1.0
URTH iShares MSCI World ETF 1.7 24 16 4.6 +3.2
AQLT iShares MSCI Global Quality Factor ETF 1.7 18 22 0.0 -1.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.7 65 -25 7.9 +6.5
DFAS Dimensional U.S. Small Cap ETF 1.7 26 14 6.0 +4.6
SMLF iShares U.S. SmallCap Equity Factor ETF 1.7 15 25 5.4 +4.0
SHRY First Trust Bloomberg Shareholder Yield ETF 1.7 60 -20 8.4 +7.0
RSHO Tema American Reshoring ETF 1.7 75 -35 4.0 +2.6
IOO iShares Global 100 ETF 1.7 41 -1 4.2 +2.7
QLC FlexShares US Quality Large Cap Index Fund 1.7 25 15 4.9 +3.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.7 9 31 5.2 +3.8
OALC OneAscent Large Cap Core ETF 1.7 86 -46 3.8 +2.3
FLV American Century Focused Large Cap Value ETF 1.7 42 -2 6.2 +4.8
LOWV AB US Low Volatility Equity ETF 1.7 48 -8 4.4 +3.0
DON WisdomTree U.S. MidCap Dividend Fund 1.6 38 2 8.4 +7.0
IWY iShares Russell Top 200 Growth ETF 1.6 20 20 3.7 +2.3
VFMV Vanguard U.S. Minimum Volatility ETF 1.6 13 27 5.7 +4.3
KOKU Xtrackers MSCI Kokusai Equity ETF 1.6 9 31 4.7 +3.2
ACWV iShares MSCI Global Min Vol Factor ETF 1.6 20 20 5.6 +4.2
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.6 65 -25 1.6 +0.2
WSML iShares MSCI World Small-Cap ETF 1.6 15 25 5.7 +4.3
AVUQ Avantis U.S. Quality ETF 1.6 15 25 3.8 +2.4
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.6 39 1 3.9 +2.5
AVMC Avantis U.S. Mid Cap Equity ETF 1.6 18 22 6.3 +4.9
ISCB iShares Morningstar Small-Cap ETF 1.6 4 36 5.8 +4.4
VTWO Vanguard Russell 2000 ETF 1.6 7 33 3.1 +1.7
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 1.6 5 35 7.8 +6.4
QLTY GMO U.S. Quality ETF 1.5 50 -10 4.2 +2.8
IQSU IQ Candriam U.S. Large Cap Equity ETF 1.5 9 31 4.6 +3.2
FNX First Trust Mid Cap Core AlphaDEX Fund 1.5 60 -20 6.6 +5.2
CBSE Clough Select Equity ETF 1.5 85 -45 0.5 -0.9
XMHQ Invesco S&P MidCap Quality ETF 1.5 25 15 6.2 +4.7
NLR VanEck Uranium+Nuclear Energy ETF 1.5 61 -21 1.4 -0.0
URAN Themes Uranium & Nuclear ETF 1.5 35 5 0.9 -0.6
VOLT Tema Electrification ETF 1.5 75 -35 2.7 +1.3
AIPO Defiance AI & Power Infrastructure ETF 1.5 69 -29 1.0 -0.4
COWZ Pacer US Cash Cows 100 ETF 1.5 49 -9 7.7 +6.3
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.5 60 -20 6.0 +4.6
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 1.5 49 -9 7.7 +6.2
ACWI iShares MSCI ACWI ETF 1.5 32 8 5.0 +3.6
VUSG Vanguard Wellington U.S. Growth Active ETF 1.5 35 5 2.6 +1.2
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.5 60 -20 4.0 +2.6
PSCI Invesco S&P SmallCap Industrials ETF 1.5 29 11 5.0 +3.6
IJT iShares S&P Small-Cap 600 Growth ETF 1.5 18 22 4.0 +2.6
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 1.5 15 25 4.1 +2.7
VIOG Vanguard S&P Small-Cap 600 Growth ETF 1.5 10 30 4.0 +2.6
SRVR Pacer Data & Infrastructure Real Estate ETF 1.5 55 -15 3.8 +2.4
VT Vanguard Total World Stock ETF 1.5 6 34 5.3 +3.9
MCDS JPMorgan Fundamental Data Science Mid Core ETF 1.5 35 5 5.2 +3.8
GRPM Invesco S&P MidCap 400 GARP ETF 1.5 35 5 7.2 +5.8
DXUV Dimensional US Vector Equity ETF 1.5 28 12 5.6 +4.2
AVUS Avantis U.S. Equity ETF 1.5 15 25 5.1 +3.7
CHRI Global X S&P 500 Christian Values ETF 1.5 29 11 4.2 +2.8
STXV Strive 1000 Value ETF 1.5 18 22 7.1 +5.6
DRIV Global X Autonomous & Electric Vehicles ETF 1.5 68 -28 3.8 +2.4
DURA VanEck Durable High Dividend ETF 1.4 29 11 6.3 +4.9
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.4 35 5 5.3 +3.9
SSPY Syntax Stratified LargeCap ETF 1.4 30 10 6.3 +4.9
IFRA iShares U.S. Infrastructure ETF 1.4 30 10 5.7 +4.3
SGRT SMART Earnings Growth 30 ETF 1.4 59 -19 2.9 +1.5
CSTK Invesco Comstock Contrarian Equity ETF 1.4 35 5 6.3 +4.9
SMRI Bushido Capital US Equity ETF 1.4 71 -31 8.5 +7.1
PRAY FIS Christian Stock Fund 1.4 69 -29 4.1 +2.7
WOMN Impact Shares YWCA Women's Empowerment ETF 1.4 75 -35 5.0 +3.5
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.4 60 -20 -0.9 -2.4
FESM Fidelity Enhanced Small Cap ETF 1.4 28 12 2.6 +1.2
MID American Century Mid Cap Growth Impact ETF 1.4 45 -5 3.0 +1.6
LSAF LeaderShares AlphaFactor US Core Equity ETF 1.4 75 -35 6.6 +5.2
NANC Unusual Whales Subversive Democratic Trading ETF 1.4 75 -35 3.2 +1.7
EQAL Invesco Russell 1000 Equal Weight ETF 1.4 20 20 6.3 +4.9
DYNF BlackRock U.S. Equity Factor Rotation ETF 1.4 30 10 4.1 +2.6
SHE State Street SPDR MSCI USA Gender Diversity ETF 1.3 20 20 4.8 +3.4
SIXL ETC 6 Meridian Low Beta Equity ETF 1.3 80 -40 5.8 +4.4
SCHA Schwab U.S. Small-Cap ETF 1.3 4 36 4.9 +3.5
QWLD SPDR MSCI World StrategicFactors ETF 1.3 30 10 5.3 +3.8
EGUS iShares ESG Aware MSCI USA Growth ETF 1.3 18 22 3.3 +1.8
DVLU First Trust Dorsey Wright Momentum & Value ETF 1.3 60 -20 7.0 +5.5
JVAL JPMorgan U.S. Value Factor ETF 1.3 12 28 7.5 +6.1
ASCE Allspring SMID Core ETF 1.3 38 2 3.4 +1.9
REVS Columbia Research Enhanced Value ETF 1.3 19 21 7.1 +5.7
CVLC Calvert US Large-Cap Core Responsible Index ETF 1.3 15 25 4.6 +3.2
TPHE Timothy Plan High Dividend Stock Enhanced ETF 1.3 54 -14 5.8 +4.3
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 1.3 20 20 5.6 +4.2
GINN Goldman Sachs Innovate Equity ETF 1.3 52 -12 4.0 +2.6
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 1.3 9 31 4.6 +3.2
FQAL Fidelity Quality Factor ETF 1.3 15 25 4.9 +3.5
TPSC Timothy Plan US Small Cap Core ETF 1.2 52 -12 7.0 +5.6
DARP Grizzle Growth ETF 1.2 75 -35 1.8 +0.4
TPHD Timothy Plan High Dividend Stock ETF 1.2 52 -12 6.0 +4.6
VOE Vanguard Mid-Cap Value ETF 1.2 7 33 7.0 +5.6
DVY iShares Select Dividend ETF 1.2 38 2 8.2 +6.7
RNMC First Trust Mid Cap US Equity Select ETF 1.2 60 -20 6.6 +5.1
XT iShares Exponential Technologies ETF 1.2 46 -6 4.3 +2.9
KLMN Invesco MSCI North America Climate ETF 1.2 9 31 4.6 +3.1
SUSL iShares ESG MSCI USA Leaders ETF 1.2 10 30 4.5 +3.0
VIOO Vanguard S&P Small-Cap 600 ETF 1.2 7 33 6.9 +5.4
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 1.2 3 37 7.0 +5.6
IJR iShares Core S&P Small Cap ETF 1.2 6 34 7.0 +5.5
QUAL iShares MSCI USA Quality Factor ETF 1.2 15 25 4.6 +3.2
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 1.2 10 30 4.5 +3.0
VUSE Vident U.S. Equity Strategy ETF 1.2 50 -10 3.9 +2.5
KRMA Global X Conscious Companies ETF 1.2 43 -3 5.6 +4.1
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.2 9 31 4.2 +2.7
EPS WisdomTree U.S. LargeCap Fund 1.2 8 32 5.1 +3.6
VFLO VictoryShares Free Cash Flow ETF 1.1 39 1 8.2 +6.8
YNOT Horizon Digital Frontier ETF 1.1 75 -35 2.9 +1.4
DRUP GraniteShares Nasdaq Select Disruptors ETF 1.1 60 -20 3.8 +2.3
FLRG Fidelity U.S. Multifactor ETF 1.1 15 25 6.1 +4.6
VLUE iShares MSCI USA Value Factor ETF 1.1 15 25 7.9 +6.5
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 1.1 55 -15 3.5 +2.0
VBR Vanguard Small Cap Value ETF 1.1 7 33 8.3 +6.9
BKSE BNY Mellon US Small Cap Core Equity ETF 1.1 4 36 5.7 +4.3
FYC First Trust Small Cap Growth AlphaDEX Fund 1.1 71 -31 -0.6 -2.0
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 1.1 15 25 6.9 +5.4
LCLG Logan Capital Broad Innovative Growth ETF 1.0 99 -59 3.3 +1.9
SNPG Xtrackers S&P 500 Growth ESG ETF 1.0 15 25 4.2 +2.8
AVSC Avantis U.S Small Cap Equity ETF 1.0 25 15 5.2 +3.8
CATH Global X S&P 500 Catholic Values Custom ETF 1.0 29 11 4.3 +2.9
TMFC Motley Fool 100 Index ETF 1.0 50 -10 3.2 +1.8
STXK Strive Small-Cap ETF 1.0 18 22 5.6 +4.2
SGLC SGI U.S. Large Cap Core ETF 1.0 85 -45 4.0 +2.6
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF 1.0 35 5 7.0 +5.6
SYLD Cambria Shareholder Yield ETF 1.0 59 -19 10.9 +9.5
CWS AdvisorShares Focused Equity ETF 1.0 84 -44 4.7 +3.3
NBDS Neuberger Berman Disrupters ETF 1.0 55 -15 0.9 -0.5
VUSV Vanguard Wellington U.S. Value Active ETF 1.0 30 10 6.0 +4.6
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF 1.0 38 2 7.0 +5.5
DUHP Dimensional US High Profitability ETF 1.0 21 19 5.3 +3.8
JGLO JPMorgan Global Select Equity ETF 1.0 33 7 4.4 +3.0
JHSC John Hancock Multifactor Small Cap ETF 1.0 42 -2 6.4 +5.0
RWK Invesco S&P MidCap 400 Revenue ETF 1.0 39 1 8.5 +7.1
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 1.0 25 15 5.8 +4.4
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.0 35 5 3.8 +2.4
EBI Longview Advantage ETF 0.9 35 5 6.3 +4.9
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.9 25 15 8.5 +7.1
FDWM Fidelity Women's Leadership ETF 0.9 59 -19 3.7 +2.3
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.9 35 5 6.4 +4.9
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF 0.9 50 -10 8.9 +7.4
QNXT iShares Nasdaq-100 ex Top 30 ETF 0.9 20 20 4.4 +3.0
DIVG Invesco S&P 500 High Dividend Growers ETF 0.9 39 1 7.7 +6.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.9 20 20 4.5 +3.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.9 18 22 7.0 +5.6
VSLU Applied Finance Valuation Large Cap ETF 0.9 49 -9 5.0 +3.6
XLG Invesco S&P 500 Top 50 ETF 0.9 20 20 3.8 +2.4
XVV iShares ESG Screened S&P 500 ETF 0.9 8 32 4.4 +3.0
MFVL Motley Fool Value Factor ETF 0.9 50 -10 5.7 +4.3
ROUS Hartford Multifactor US Equity ETF 0.9 19 21 5.7 +4.3
TMFS Motley Fool Small-Cap Growth ETF 0.8 85 -45 1.3 -0.1
IWN iShares Russell 2000 Value ETF 0.8 24 16 5.3 +3.9
MGK Vanguard Mega Cap Growth ETF 0.8 7 33 3.6 +2.1
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.8 19 21 5.2 +3.8
VTWV Vanguard Russell 2000 Value ETF 0.8 10 30 5.5 +4.0
CZA Invesco Zacks Mid-Cap ETF 0.8 72 -32 6.2 +4.8
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.8 15 25 4.4 +3.0
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.8 30 10 7.6 +6.2
KLMT Invesco MSCI Global Climate 500 ETF 0.8 10 30 5.3 +3.9
JPSV JPMorgan Active Small Cap Value ETF 0.8 74 -34 8.1 +6.7
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.8 10 30 3.9 +2.5
SNPE Xtrackers S&P 500 ESG ETF 0.8 10 30 4.6 +3.2
FDVV Fidelity High Dividend ETF 0.8 15 25 7.0 +5.6
AVIE Avantis  Inflation Focused Equity ETF 0.8 25 15 6.1 +4.7
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.8 24 16 7.5 +6.0
QDEF FlexShares Quality Dividend Defensive Index Fund 0.8 37 3 5.6 +4.2
SPHB Invesco S&P 500 High Beta ETF 0.8 25 15 4.3 +2.9
FYX First Trust Small Cap Core AlphaDEX Fund 0.8 61 -21 6.1 +4.6
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.8 52 -12 5.5 +4.1
EZM WisdomTree U.S. MidCap Fund 0.8 38 2 8.6 +7.1
AFSM First Trust Active Factor Small Cap ETF 0.8 75 -35 6.5 +5.1
FCFY First Trust S&P 500 Diversified Free Cash Flow ETF 0.8 60 -20 10.1 +8.7
DEW WisdomTree Global High Dividend Fund 0.8 58 -18 7.4 +6.0
SPVM Invesco S&P 500 Value with Momentum ETF 0.7 39 1 6.6 +5.1
DFSV Dimensional US Small Cap Value ETF 0.7 31 9 9.6 +8.2
PRXG Praxis Impact Large Cap Growth ETF 0.7 36 4 3.3 +1.9
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.7 15 25 7.3 +5.9
FCPI Fidelity Stocks for Inflation ETF 0.7 15 25 6.1 +4.7
NULC Nuveen ESG Large-Cap ETF 0.7 21 19 4.3 +2.8
HDUS Hartford Disciplined US Equity ETF 0.7 19 21 5.0 +3.6
JSML Janus Henderson Small Cap Growth Alpha ETF 0.7 30 10 3.1 +1.6
TEXN iShares Texas Equity ETF 0.7 20 20 5.3 +3.9
HUSV First Trust Horizon Managed Volatility Domestic ETF 0.7 70 -30 4.6 +3.2
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.7 40 0 4.3 +2.9
PKW Invesco Buyback Achievers ETF 0.7 62 -22 7.6 +6.1
DFAT Dimensional U.S. Targeted Value ETF 0.7 28 12 9.3 +7.9
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.7 39 1 8.4 +7.0
DGRW WisdomTree US Quality Dividend Growth Fund 0.7 28 12 5.1 +3.7
IWC iShares Micro-Cap ETF 0.7 60 -20 -1.5 -2.9
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.7 30 10 4.2 +2.8
SUSA iShares MSCI USA ESG Select ETF 0.6 25 15 4.3 +2.9
XJR iShares ESG Screened S&P Small-Cap ETF 0.6 12 28 6.9 +5.4
DIVN Horizon Dividend Income ETF 0.6 70 -30 6.5 +5.1
RECS Columbia Research Enhanced Core ETF 0.6 15 25 5.6 +4.2
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 0.6 55 -15 9.6 +8.2
FTA First Trust Large Cap Value AlphaDEX Fund 0.6 59 -19 7.9 +6.4
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.6 15 25 8.6 +7.2
GQI Natixis Gateway Quality Income ETF 0.6 34 6 4.5 +3.1
QQQS Invesco NASDAQ Future Gen 200 ETF 0.6 20 20 -4.3 -5.8
TMAT Main Thematic Innovation ETF 0.6 164 -124 -2.0 -3.4
DTEC ALPS Disruptive Technologies ETF 0.6 50 -10 3.8 +2.4
BOTZ Global X Robotics & Artificial Intelligence ETF 0.6 69 -29 2.0 +0.5
EES WisdomTree U.S. SmallCap Fund 0.6 38 2 8.7 +7.3
ETHO Etho Climate Leadership U.S. ETF 0.6 47 -7 4.8 +3.4
NZUS State Street SPDR MSCI USA Climate Paris Aligned ETF 0.6 10 30 4.0 +2.5
CVAR Cultivar ETF 0.6 87 -47 7.1 +5.6
TINT ProShares Smart Materials ETF 0.5 58 -18 6.2 +4.7
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.5 80 -40 6.9 +5.4
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 0.5 38 2 9.6 +8.1
FAB First Trust Multi Cap Value AlphaDEX Fund 0.5 67 -27 9.0 +7.6
NULG Nuveen ESG Large-Cap Growth ETF 0.5 26 14 3.1 +1.7
IMCV iShares Morningstar Mid-Cap Value ETF 0.5 6 34 7.3 +5.9
PRXV Praxis Impact Large Cap Value ETF 0.5 36 4 5.9 +4.4
SFYF SoFi Social 50 ETF 0.5 29 11 0.9 -0.5
FNK First Trust Mid Cap Value AlphaDEX Fund 0.5 70 -30 10.1 +8.7
ALIL Argent Focused Small Cap ETF 0.5 74 -34 6.1 +4.7
GQQQ Astoria US Quality Growth Kings ETF 0.5 35 5 3.7 +2.2
BUZZ VanEck Social Sentiment ETF 0.5 75 -35 -0.7 -2.1
JQUA JPMorgan U.S. Quality Factor ETF 0.5 12 28 5.3 +3.9
ISCV iShares Morningstar Small Cap Value ETF 0.4 6 34 8.3 +6.9
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.4 20 20 9.0 +7.6
DES WisdomTree U.S. SmallCap Dividend Fund 0.4 38 2 8.7 +7.3
ISMD Inspire Small/Mid Cap ETF 0.4 54 -14 5.9 +4.4
PTL Inspire 500 ETF 0.4 9 31 4.7 +3.3
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 0.4 56 -16 7.3 +5.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 20 5.0 +3.6
XSMO Invesco S&P SmallCap Momentum ETF 0.4 39 1 4.0 +2.6
FLDZ RiverNorth Patriot ETF 0.4 75 -35 5.8 +4.3
PSC Principal U.S. Small-Cap ETF 0.4 38 2 4.1 +2.7
GLOF iShares Global Equity Factor ETF 0.4 20 20 6.0 +4.5
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.4 35 5 3.4 +2.0
WSGE Warren Street Global Equity ETF 0.4 80 -40 3.0 +1.6
ANEW ProShares MSCI Transformational Changes ETF 0.4 45 -5 4.6 +3.1
LRND IQ U.S. Large Cap R&D Leaders ETF 0.4 14 26 4.2 +2.7
AFLG First Trust Active Factor Large Cap ETF 0.4 55 -15 5.3 +3.9
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.4 43 -3 5.3 +3.9
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 0.4 59 -19 5.0 +3.6
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.3 29 11 6.9 +5.5
HAPS Harbor Human Capital Factor US Small Cap ETF 0.3 60 -20 3.9 +2.5
AVLV Avantis U.S. Large Cap Value ETF 0.3 15 25 6.2 +4.8
VFVA Vanguard U.S. Value Factor ETF 0.3 13 27 10.0 +8.6
QQQ Invesco QQQ Trust Series I 0.3 20 20 3.6 +2.1
QQQM Invesco NASDAQ 100 ETF 0.3 15 25 3.6 +2.2
IGPT Invesco AI and Next Gen Software ETF 0.3 60 -20 3.5 +2.1
SELV SEI Enhanced Low Volatility U.S. Large Cap ETF 0.3 15 25 6.1 +4.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 19 3.2 +1.7
BLES Inspire Global Hope ETF 0.3 61 -21 6.0 +4.6
GVLU Gotham 1000 Value ETF 0.2 50 -10 8.4 +7.0
VFMF Vanguard U.S. Multifactor ETF 0.2 18 22 7.2 +5.7
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 0.2 12 28 3.7 +2.3
AVUV Avantis U.S. Small Cap Value ETF 0.2 25 15 8.8 +7.4
SPVU Invesco S&P 500 Enhanced Value ETF 0.2 13 27 8.9 +7.5
CALF Pacer US Small Cap Cash Cows 100 ETF 0.2 59 -19 9.9 +8.5
DSMC Distillate Small/Mid Cash Flow ETF 0.2 55 -15 11.6 +10.2
USXF iShares ESG Advanced MSCI USA ETF 0.2 10 30 4.2 +2.8
DSI iShares MSCI KLD 400 Social ETF 0.1 25 15 4.4 +3.0
TXS Texas Capital Texas Equity Index ETF 0.1 49 -9 5.1 +3.7
FYT First Trust Small Cap Value AlphaDEX Fund 0.1 73 -33 10.8 +9.4
SVAL iShares US Small Cap Value Factor ETF 0.1 20 20 8.1 +6.7
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.1 47 -7 8.6 +7.2
XSLV Invesco S&P SmallCap Low Volatility ETF 0.1 25 15 7.7 +6.3
FDM First Trust Dow Jones Select MicroCap Index Fund 0.1 60 -20 7.4 +5.9
WRND IQ Global Equity R&D Leaders ETF 0.1 18 22 4.3 +2.9
ROSC Hartford Multifactor Small Cap ETF 0.1 34 6 7.7 +6.3
DEEP Roundhill Acquirers Deep Value ETF 0.1 80 -40 17.3 +15.8
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 25 5.4 +4.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 28 4.7 +3.3
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 31 4.5 +3.1
VCR Vanguard Consumer Discretionary ETF 0.1 9 31 4.5 +3.1
VFQY Vanguard U.S. Quality Factor ETF 0.1 13 27 5.8 +4.4
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 0.1 29 11 8.9 +7.5
XSHQ Invesco S&P SmallCap Quality ETF 0.1 29 11 7.2 +5.8
SIXS ETC 6 Meridian Small Cap Equity ETF 0.1 89 -49 8.3 +6.9
DUNK Dana Unconstrained Equity ETF 0.0 75 -35 2.1 +0.7
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.0 8 32 4.5 +3.1
FTEC Fidelity MSCI Information Technology Index ETF 0.0 8 32 3.6 +2.2

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  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

Content on this tab for subscribers only

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:		 iShares U.S. Aerospace & Defense 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 13.1 %
Divided by: Fwd. P/BV 7.2 x
Less: Expense ratio 40 bp
Equals: ALTAR Score 1.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.52 CATEGORY
AVERAGE		 1.57
 
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.