SPDR S&P Regional Banking ETF
ALTAR
Score™
10.9% info Recommen-
dation
SPECULATIVE
2024E    2025E
P/E
ratio
11.1x P/Sales
ratio
2.3x
P/BV
ratio
0.9x Div.
yield
3.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
SPDR KBW Regional Banking ETF objective is to replicate as closely as possible the performance of the KBW Regional Banking Index, an equal-weighted index.

FUND BASICS
Category US Equities
Fund Sponsor SSGA Funds Management Inc
Website www.spdrs.com
Inception date Jun 19, 2006
Assets (mns) $2,680
Currency USD
Expense ratio 35 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 140
Wgt avg mkt cap (mns) $6,181
Large cap (>$10bn) 15.6%
Mid cap ($2-10bn) 57.6%
Small cap (<$2bn) 26.8%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
BANK OZK 2.6 %
M & T BANK CORP 2.5 %
CITIZENS FINANCIAL GROUP, INC. 2.5 %
HUNTINGTON BANCSHARES INC 2.5 %
TRUIST FINANCIAL CORPORATION 2.5 %
FIRST HORIZON NATIONAL CORP 2.5 %
REGIONS FINANCIAL CORP 2.4 %
WEBSTER FINANCIAL CORP 2.4 %
WESTERN ALLIANCE BANCORP 2.4 %
EAST WEST BANCORP INC 2.4 %
Total 24.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.6 %
PUERTO RICO 3.0 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-9.6% 15.2% -0.4% 4.5% 2.3%

Market Correlations
versus... Beta R-squared
S&P500 0.78 21%
MSCI EAFE 0.89 25%
MSCI Emg. Mkts. 0.67 15%

Technical Indicators
Recent close $50.85
30d moving avg. $45.82
Annualized volatility 30.4%
Short interest (ETF) 93.1%
Short interest (Underlying) 2.3%
Relative strength (RSI) 73

Liquidity measures
Avg. volume (thou.) 11,798
Turnover 22.4%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $3,127

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 403 potential alternatives to the SPDR S&P Regional Banking ETF ETF based on the alternatives' overlap in portfolio holdings with KRE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: KRE Expense: 35 bp ALTAR Score™: 10.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH KRE
Ticker Fund
Name
Overlap1
vs KRE
(%)
Expense
ratio
(bp)
Savings
vs KRE
(bp)
ALTAR
Score™
(%)
ALTAR
vs KRE
(%)
KBE SPDR S&P Bank ETF 64.9 35 0 10.6 -0.4
KBWR Invesco KBW Regional Banking ETF 52.7 35 0 10.1 -0.8
IAT iShares U.S. Regional Banks ETF 41.1 40 -5 10.3 -0.6
FTXO First Trust Nasdaq Bank ETF 36.9 60 -25 9.8 -1.1
QABA First Trust NASDAQ ABA Community Bank Index Fund 34.2 60 -25 9.3 -1.7
PSCF Invesco S&P SmallCap Financials ETF 26.0 29 6 9.8 -1.2
SVAL iShares US Small Cap Value Factor ETF 24.2 20 15 11.1 +0.1
FXO First Trust Financials AlphaDEX Fund 20.2 62 -27 8.4 -2.5
KBWB Invesco KBW Bank ETF 18.5 35 0 8.7 -2.2
FYT First Trust Small Cap Value AlphaDEX Fund 17.1 73 -38 10.7 -0.2
DFSV Dimensional US Small Cap Value ETF 16.6 31 4 8.6 -2.4
DES WisdomTree U.S. SmallCap Dividend Fund 15.2 38 -3 7.8 -3.1
AVSC Avantis U.S Small Cap Equity ETF 14.6 25 10 5.1 -5.8
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 14.1 12 23 8.4 -2.5
DFAT Dimensional U.S. Targeted Value ETF 14.0 28 7 8.0 -3.0
AVUV Avantis U.S. Small Cap Value ETF 13.8 25 10 9.7 -1.2
EES WisdomTree U.S. SmallCap Fund 13.7 38 -3 10.0 -1.0
IWN iShares Russell 2000 Value ETF 13.5 24 11 5.3 -5.6
VTWV Vanguard Russell 2000 Value ETF 13.5 15 20 5.5 -5.4
BSVO EA Bridgeway Omni Small-Cap Value ETF 13.3 47 -12 9.3 -1.7
IJS iShares S&P Small-Cap 600 Value ETF 13.1 18 17 8.9 -2.1
SLYV SPDR S&P 600 Small Cap Value ETF 13.1 15 20 8.8 -2.1
ISCV iShares Morningstar Small Cap Value ETF 12.6 6 29 7.8 -3.2
FYX First Trust Small Cap Core AlphaDEX Fund 12.3 61 -26 6.2 -4.8
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 11.3 60 -25 9.1 -1.8
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 11.1 35 0 8.8 -2.2
WBIY WBI Power Factor High Dividend ETF 11.0 100 -65 10.6 -0.4
TPSC Timothy Plan US Small Cap Core ETF 10.8 52 -17 7.3 -3.6
ESIX SPDR S&P SmallCap 600 ESG ETF 10.5 12 23 7.4 -3.5
RNSC Furst Trust Small Cap US Equity Select ETF 10.3 60 -25 8.0 -3.0
VIOG Vanguard S&P Small-Cap 600 Growth ETF 10.3 15 20 6.7 -4.3
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 10.2 42 -7 7.3 -3.7
CSA VictoryShares US Small Cap Volatility Wtd ETF 10.2 35 0 7.3 -3.6
SMLE Xtrackers S&P SmallCap 600 ESG ETF 9.8 15 20 7.3 -3.6
XJR iShares ESG Screened S&P Small-Cap ETF 9.7 12 23 7.4 -3.6
SMDV ProShares Russell 2000 Dividend Growers ETF 9.6 40 -5 6.8 -4.1
ISMD Inspire Small/Mid Cap ETF 9.6 54 -19 5.7 -5.2
FNK First Trust Mid Cap Value AlphaDEX Fund 9.2 70 -35 10.4 -0.5
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 9.1 9 26 3.7 -7.2
VFVA Vanguard U.S. Value Factor ETF 9.1 13 22 10.3 -0.7
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 9.1 15 20 7.9 -3.1
IJJ iShares S&P Mid-Cap 400 Value ETF 9.1 18 17 7.9 -3.1
MDYV SPDR S&P 400 Mid Cap Value ETF 9.0 15 20 7.9 -3.0
SMCP AlphaMark Actively Managed Small Cap ETF 9.0 90 -55 6.5 -4.5
VIOO Vanguard S&P Small-Cap 600 ETF 8.9 10 25 7.5 -3.5
DVY iShares Select Dividend ETF 8.8 38 -3 8.6 -2.3
DFAS Dimensional U.S. Small Cap ETF 8.8 26 9 5.8 -5.1
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 8.7 40 -5 6.5 -4.4
IJR iShares Core S&P Small Cap ETF 8.6 6 29 7.8 -3.2
SPSM SPDR Portfolio S&P 600 Small Cap ETF 8.6 3 32 7.8 -3.1
FOVL iShares Focused Value Factor ETF 8.4 25 10 9.7 -1.2
USVT US Value ETF 8.4 49 -14 12.0 +1.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 8.4 39 -4 4.3 -6.7
FAB First Trust Multi Cap Value AlphaDEX Fund 8.2 67 -32 9.3 -1.6
BFOR ALPS Barron's 400 ETF 8.2 65 -30 6.4 -4.6
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 8.1 35 0 5.3 -5.6
SDOG ALPS Sector Dividend Dogs ETF 8.0 36 -1 9.1 -1.8
FNDA Schwab Fundamental US Small Co. Index ETF 7.9 25 10 6.5 -4.4
VBR Vanguard Small Cap Value ETF 7.8 7 28 7.9 -3.1
IVOV Vanguard S&P Mid-Cap 400 Value ETF 7.8 15 20 7.3 -3.6
EZM WisdomTree U.S. MidCap Fund 7.8 38 -3 7.9 -3.1
RFV Invesco S&P Midcap 400 Pure Value ETF 7.6 35 0 8.5 -2.4
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 7.5 20 15 6.4 -4.5
VIOV Vanguard S&P Small-Cap 600 Value ETF 7.4 15 20 8.3 -2.6
RDIV Invesco S&P Ultra Dividend Revenue ETF 7.4 39 -4 10.2 -0.7
PEY Invesco High Yield Equity Dividend Achievers ETF 7.3 52 -17 9.0 -1.9
IWM iShares Russell 2000 ETF 7.3 19 16 3.5 -7.5
DHS WisdomTree U.S. High Dividend Fund 7.3 38 -3 8.5 -2.4
FDL First Trust Morningstar Dividend Leaders Index Fund 7.3 45 -10 9.4 -1.5
VTWO Vanguard Russell 2000 ETF 7.3 10 25 3.7 -7.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 7.2 39 -4 8.4 -2.5
SCAP InfraCap Small Cap Income ETF 7.1 135 -100 7.2 -3.8
RSPF Invesco S&P 500 Equal Weight Financials ETF 7.0 40 -5 6.9 -4.0
DON WisdomTree U.S. MidCap Dividend Fund 7.0 38 -3 8.2 -2.7
ISCB iShares Morningstar Small-Cap ETF 6.8 4 31 5.1 -5.8
AIRR First Trust RBA American Industrial Renaissance ETF 6.8 70 -35 5.1 -5.8
STXK Strive Small-Cap ETF 6.7 18 17 5.2 -5.7
NUSC Nuveen ESG Small-Cap ETF 6.6 31 4 4.9 -6.0
SCHA Schwab U.S. Small-Cap ETF 6.6 4 31 4.7 -6.3
PSC Principal U.S. Small-Cap ETF 6.5 38 -3 6.3 -4.6
BKSE BNY Mellon US Small Cap Core Equity ETF 6.4 4 31 5.4 -5.5
SPYD SPDR Portfolio S&P 500 High Dividend ETF 6.4 7 28 9.0 -1.9
ETHO Etho Climate Leadership U.S. ETF 6.3 47 -12 3.6 -7.4
ESML iShares ESG Aware MSCI USA Small-Cap ETF 6.3 17 18 5.2 -5.7
VFH Vanguard Financials ETF 6.2 10 25 6.3 -4.7
FNCL Fidelity MSCI Financials Index ETF 6.2 8 27 6.3 -4.7
JMEE JPMorgan Market Expansion Enhanced Equity ETF 6.2 24 11 7.5 -3.4
RDVY First Trust Rising Dividend Achievers ETF 6.0 50 -15 9.4 -1.6
SPHB Invesco S&P 500 High Beta ETF 5.9 25 10 4.7 -6.2
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 5.8 29 6 8.8 -2.2
MIDE Xtrackers S&P MidCap 400 ESG ETF 5.8 15 20 7.1 -3.8
XSHQ Invesco S&P SmallCap Quality ETF 5.8 29 6 10.0 -0.9
FNX First Trust Mid Cap Core AlphaDEX Fund 5.8 60 -25 6.8 -4.2
JHSC John Hancock Multifactor Small Cap ETF 5.7 42 -7 6.0 -5.0
ROSC Hartford Multifactor Small Cap ETF 5.7 34 1 9.8 -1.2
ONEY SPDR Russell 1000 Yield Focus ETF 5.6 20 15 9.7 -1.2
XJH iShares ESG Screened S&P Mid-Cap ETF 5.6 12 23 6.6 -4.4
SPDV AAM S&P 500 High Dividend Value ETF 5.5 29 6 10.3 -0.7
CVY Invesco Zacks Multi-Asset Income ETF 5.5 106 -71 8.6 -2.3
SMLF iShares U.S. SmallCap Equity Factor ETF 5.4 15 20 5.6 -5.3
RPV Invesco S&P 500 Pure Value ETF 5.4 35 0 9.7 -1.3
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 5.4 15 20 6.8 -4.1
HAPY Harbor Human Capital Factor Unconstrained ETF 5.3 50 -15 4.6 -6.3
MDY SPDR S&P Midcap 400 ETF Trust 5.3 23 12 6.5 -4.4
AUSF Global X Adaptive U.S. Factor ETF 5.2 27 8 8.8 -2.1
IJH iShares Core S&P Mid-Cap ETF 5.2 5 30 6.7 -4.3
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 5.2 3 32 6.7 -4.2
VFQY Vanguard U.S. Quality Factor ETF 5.2 13 22 7.0 -3.9
IYG iShares US Financial Services ETF 5.2 40 -5 5.6 -5.3
VFMF Vanguard U.S. Multifactor ETF 5.0 18 17 8.4 -2.5
IVOO Vanguard S&P Mid-Cap 400 ETF 5.0 10 25 6.7 -4.3
SCHD Schwab US Dividend Equity ETF 5.0 6 29 9.4 -1.5
IYF iShares U.S. Financials ETF 4.8 40 -5 6.1 -4.9
EQRR ProShares Equities for Rising Rates ETF 4.7 35 0 7.9 -3.1
AFSM First Trust Active Factor Small Cap ETF 4.6 75 -40 7.2 -3.8
FSMD Fidelity Small-Mid Multifactor ETF 4.6 15 20 7.3 -3.6
VB Vanguard Small-Cap ETF 4.6 5 30 5.2 -5.8
JSML Janus Henderson Small Cap Growth Alpha ETF 4.5 30 5 9.1 -1.9
FSMO Fidelity Small-Mid Cap Opportunities ETF 4.5 60 -25 6.8 -4.1
SQLV Royce Quant Small-Cap Quality Value ETF 4.5 60 -25 8.6 -2.3
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 4.4 29 6 7.0 -3.9
RNMC First Trust Mid Cap US Equity Select ETF 4.4 60 -25 7.5 -3.4
FLDZ RiverNorth Patriot ETF 4.3 75 -40 5.7 -5.2
RZV Invesco S&P Smallcap 600 Pure Value ETF 4.3 35 0 9.9 -1.1
IWC iShares Micro-Cap ETF 4.2 60 -25 -4.0 -14.9
SLYG SPDR S&P 600 Small Cap Growth ETF 4.2 15 20 6.7 -4.3
IJT iShares S&P Small-Cap 600 Growth ETF 4.2 18 17 6.6 -4.3
VXF Vanguard Extended Market ETF 4.1 6 29 3.9 -7.1
AFMC First Trust Active Factor Mid Cap ETF 3.9 65 -30 7.3 -3.6
DFNL Davis Select Financial ETF 3.9 63 -28 6.6 -4.4
RZG Invesco S&P Smallcap 600 Pure Growth ETF 3.8 35 0 6.7 -4.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 3.7 39 -4 9.0 -1.9
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 3.5 7 28 5.5 -5.4
SFYX SoFi Next 500 ETF 3.4 0 35 5.8 -5.2
UDI USCF Dividend Income Fund 3.4 65 -30 7.1 -3.8
RFDA RiverFront Dynamic US Dividend Advantage ETF 3.4 52 -17 5.9 -5.0
PY Principal Value ETF 3.4 15 20 7.4 -3.6
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 3.3 27 8 8.2 -2.7
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF 3.3 38 -3 8.1 -2.9
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF 3.3 35 0 8.1 -2.9
SPVU Invesco S&P 500 Enhanced Value ETF 3.2 13 22 9.1 -1.8
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 3.2 25 10 5.4 -5.5
RWK Invesco S&P MidCap 400 Revenue ETF 3.2 39 -4 8.2 -2.7
CVAR Cultivar ETF 3.2 87 -52 6.7 -4.3
FLQS Franklin U.S. Small Cap Multifactor Index ETF 2.9 35 0 7.2 -3.7
FTA First Trust Large Cap Value AlphaDEX Fund 2.8 59 -24 8.3 -2.7
JVAL JPMorgan U.S. Value Factor ETF 2.8 12 23 8.1 -2.9
DFUV Dimensional US Marketwide Value ETF 2.7 22 13 7.5 -3.5
OSCV Opus Small Cap Value ETF 2.7 79 -44 6.2 -4.8
NUMV Nuveen ESG Mid-Cap Value ETF 2.6 31 4 7.1 -3.8
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 2.6 60 -25 6.0 -5.0
IMCV iShares Morningstar Mid-Cap Value ETF 2.6 6 29 7.8 -3.1
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 2.6 15 20 6.2 -4.7
SCHM Schwab U.S. Mid-Cap ETF 2.6 4 31 6.1 -4.8
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 2.6 30 5 7.5 -3.5
DIVY Sound Equity Dividend Income ETF 2.5 45 -10 10.2 -0.8
SSLY Syntax Stratified SmallCap ETF 2.5 40 -5 7.0 -3.9
SMDY Syntax Stratified MidCap ETF 2.5 35 0 6.0 -5.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 2.4 4 31 5.9 -5.0
YALL God Bless America ETF 2.4 65 -30 3.7 -7.2
FUNL CornerCap Fundametrics Large-Cap ETF 2.4 50 -15 6.9 -4.1
TMDV ProShares Russell US Dividend Growers ETF 2.4 35 0 6.3 -4.6
SDY SPDR S&P Dividend ETF 2.4 35 0 6.1 -4.9
WDIV SPDR S&P Global Dividend ETF 2.4 40 -5 9.5 -1.4
IWS iShares Russell Mid-Cap Value ETF 2.3 23 12 6.5 -4.5
JHMM John Hancock Multifactor Mid Cap ETF 2.3 42 -7 6.4 -4.5
AVUS Avantis U.S. Equity ETF 2.3 15 20 5.9 -5.1
KBWD Invesco KBW High Dividend Yield Financial ETF 2.3 384 -349 8.4 -2.6
DFAC Dimensional U.S. Core Equity 2 ETF 2.3 17 18 5.5 -5.5
XLF Financial Select Sector SPDR Fund 2.3 9 26 5.8 -5.1
XSVM Invesco S&P SmallCap Value with Momentum ETF 2.2 36 -1 11.0 +0.1
VLU SPDR S&P 1500 Value Tilt ETF 2.2 12 23 6.9 -4.0
MAGA Point Bridge America First ETF 2.2 72 -37 6.2 -4.8
FCTR First Trust Lunt U.S. Factor Rotation ETF 2.1 65 -30 6.1 -4.8
DEEP Roundhill Acquirers Deep Value ETF 2.1 80 -45 14.5 +3.6
VYM Vanguard High Dividend Yield Index ETF 2.1 6 29 7.2 -3.8
VOE Vanguard Mid-Cap Value ETF 2.1 7 28 7.4 -3.6
VNMC Natixis Vaughan Nelson Mid Cap ETF 2.1 85 -50 4.4 -6.6
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 2.1 38 -3 6.5 -4.5
BPAY BlackRock Future Financial and Technology ETF 2.0 70 -35 7.9 -3.0
ROE Astoria US Quality Kings ETF 2.0 49 -14 7.9 -3.0
QDEF FlexShares Quality Dividend Defensive Index Fund 2.0 37 -2 4.6 -6.4
FLV American Century Focused Large Cap Value ETF 2.0 42 -7 6.3 -4.6
FYC First Trust Small Cap Growth AlphaDEX Fund 2.0 71 -36 0.9 -10.0
DTD WisdomTree U.S. Total Dividend Fund 2.0 28 7 6.3 -4.6
JHDV John Hancock U.S. High Dividend ETF 1.9 34 1 6.2 -4.8
VUSE Vident U.S. Equity Strategy ETF 1.9 50 -15 3.5 -7.5
XMVM Invesco S&P MidCap Value with Momentum ETF 1.8 39 -4 10.3 -0.6
VSDA VictoryShares Dividend Accelerator ETF 1.8 35 0 5.9 -5.1
XSMO Invesco S&P SmallCap Momentum ETF 1.8 39 -4 7.6 -3.4
SMMD iShares Russell 2500 ETF 1.8 15 20 5.8 -5.2
ZIG Acquirers Fund 1.7 84 -49 13.8 +2.9
IWR iShares Russell Midcap ETF 1.7 19 16 5.6 -5.4
DFSU Dimensional US Sustainability Core 1 ETF 1.6 18 17 5.5 -5.5
DIVB iShares Core Dividend ETF 1.6 5 30 7.7 -3.2
JAVA JPMorgan Active Value ETF 1.6 44 -9 6.1 -4.8
AVLV Avantis U.S. Large Cap Value ETF 1.6 15 20 7.4 -3.6
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 1.6 60 -25 6.8 -4.2
MDYG SPDR S&P 400 Mid Cap Growth ETF 1.6 15 20 5.6 -5.3
IJK iShares S&P Mid-Cap 400 Growth ETF 1.6 17 18 5.6 -5.3
EQAL Invesco Russell 1000 Equal Weight ETF 1.6 20 15 5.8 -5.2
MBOX Freedom Day Dividend ETF 1.6 39 -4 7.4 -3.5
PRF Invesco FTSE RAFI US 1000 ETF 1.5 39 -4 7.1 -3.9
STXV Strive 1000 Value ETF 1.5 18 17 7.7 -3.3
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 1.5 60 -25 5.4 -5.5
DVLU First Trust Dorsey Wright Momentum & Value ETF 1.5 60 -25 10.0 -1.0
HOMZ Hoya Capital Housing ETF 1.5 30 5 7.6 -3.3
DEW WisdomTree Global High Dividend Fund 1.4 58 -23 8.7 -2.2
FEX First Trust Large Cap Core AlphaDEX Fund 1.4 59 -24 5.8 -5.2
QDF FlexShares Quality Dividend Index Fund 1.4 37 -2 4.8 -6.2
AFLG First Trust Active Factor Large Cap ETF 1.4 55 -20 5.9 -5.1
GVLU Gotham 1000 Value ETF 1.4 50 -15 7.3 -3.7
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.3 80 -45 6.3 -4.7
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.3 56 -21 13.1 +2.2
VAMO Cambria Value & Momentum ETF 1.3 61 -26 9.8 -1.2
VLUE iShares MSCI USA Value Factor ETF 1.3 15 20 10.6 -0.4
IXG iShares Global Financials ETF 1.3 42 -7 6.6 -4.4
IMCB iShares Morningstar Mid-Cap ETF 1.3 4 31 6.0 -5.0
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 1.3 24 11 7.7 -3.3
FDM First Trust Dow Jones Select MicroCap Index Fund 1.2 60 -25 7.6 -3.3
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 1.2 20 15 4.3 -6.6
FNDB Schwab Fundamental US Broad Market Index ETF 1.2 25 10 6.9 -4.1
NULV Nuveen ESG Large-Cap Value ETF 1.2 26 9 7.0 -4.0
IUSV iShares Core S&P US Value ETF 1.2 4 31 6.6 -4.3
DFLV Dimensional US Large Cap Value ETF 1.1 22 13 7.7 -3.3
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF 1.1 50 -15 7.7 -3.2
RSPE Invesco ESG S&P 500 Equal Weight ETF 1.1 20 15 6.2 -4.8
VO Vanguard Mid-Cap ETF 1.1 4 31 5.7 -5.2
DFAU Dimensional US Core Equity Market ETF 1.1 12 23 5.2 -5.8
JSTC Adasina Social Justice All Cap Global ETF 1.1 89 -54 4.5 -6.4
VONV Vanguard Russell 1000 Value ETF 1.1 8 27 6.6 -4.4
IWD iShares Russell 1000 Value ETF 1.1 19 16 6.4 -4.5
SUSA iShares MSCI USA ESG Select ETF 1.1 25 10 5.2 -5.8
ISCG iShares Morningstar Small-Cap Growth ETF 1.1 6 29 2.4 -8.6
ESGS Columbia U.S. ESG Equity Income ETF 1.0 35 0 6.2 -4.8
RSP Invesco S&P 500 Equal Weight ETF 1.0 20 15 6.0 -4.9
GRPM Invesco S&P MidCap 400 GARP ETF 1.0 35 0 9.8 -1.1
TXS Texas Capital Texas Equity Index ETF 1.0 49 -14 5.2 -5.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 1.0 9 26 5.9 -5.0
HLGE Hartford Longevity Economy ETF 1.0 44 -9 6.3 -4.6
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.9 20 15 7.8 -3.1
PFI Invesco Dorsey Wright Financial Momentum ETF 0.9 60 -25 5.5 -5.4
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.9 70 -35 2.1 -8.8
ESGV Vanguard ESG U.S. Stock ETF 0.9 9 26 4.9 -6.1
DGRO iShares Core Dividend Growth ETF 0.9 8 27 6.3 -4.6
PFM Invesco Dividend Achievers ETF 0.9 53 -18 5.5 -5.5
VFMO Vanguard U.S. Momentum Factor ETF 0.9 13 22 2.7 -8.3
SIZE iShares MSCI USA Size Factor ETF 0.9 15 20 5.9 -5.0
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.9 15 20 6.1 -4.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.9 21 14 3.7 -7.2
VTWG Vanguard Russell 2000 Growth ETF 0.9 15 20 1.6 -9.3
FBCV Fidelity Blue Chip Value ETF 0.9 59 -24 6.9 -4.0
DFUS Dimensional U.S. Equity ETF 0.9 9 26 5.0 -6.0
EUSA iShares MSCI USA Equal Weighted ETF 0.9 9 26 6.0 -4.9
IWO iShares Russell 2000 Growth ETF 0.9 24 11 1.4 -9.5
ONEO SPDR Russell 1000 Momentum Focus ETF 0.9 20 15 7.0 -4.0
SCHV Schwab U.S. Large-Cap Value ETF 0.9 4 31 6.5 -4.4
BKWO BNY Mellon Women's Opportunities ETF 0.9 50 -15 3.7 -7.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.8 3 32 5.0 -6.0
VTHR Vanguard Russell 3000 ETF 0.8 10 25 4.9 -6.0
VTI Vanguard Total Stock Market ETF 0.8 3 32 4.9 -6.0
SCHB Schwab U.S. Broad Market ETF 0.8 3 32 5.0 -5.9
IWV iShares Russell 3000 ETF 0.8 20 15 4.8 -6.1
SNPV Xtrackers S&P 500 Value ESG ETF 0.8 15 20 6.6 -4.3
PKW Invesco Buyback Achievers ETF 0.8 62 -27 7.1 -3.9
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.8 18 17 7.4 -3.6
REVS Columbia Research Enhanced Value ETF 0.8 19 16 7.5 -3.4
KOCG FIS Knights of Columbus Global Belief ETF 0.8 75 -40 7.7 -3.3
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.8 30 5 7.8 -3.2
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.8 60 -25 -0.1 -11.0
FDWM Fidelity Women's Leadership ETF 0.8 59 -24 4.6 -6.3
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.8 14 21 5.2 -5.8
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.8 3 32 5.2 -5.7
SSPY Syntax Stratified LargeCap ETF 0.8 30 5 6.3 -4.6
XSLV Invesco S&P SmallCap Low Volatility ETF 0.8 25 10 6.6 -4.4
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.7 64 -29 2.1 -8.8
FDRR Fidelity Dividend ETF for Rising Rates 0.7 15 20 7.6 -3.4
BLOK Amplify Transformational Data Sharing ETF 0.7 75 -40 0.8 -10.2
STCE Schwab Crypto Thematic ETF 0.7 30 5 -8.0 -18.9
BLES Inspire Global Hope ETF 0.7 61 -26 6.0 -4.9
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.7 68 -33 4.6 -6.3
FNDX Schwab Fundamental US Large Co. Index ETF 0.7 25 10 6.9 -4.0
SMOT VanEck Morningstar SMID Moat ETF 0.7 49 -14 6.2 -4.7
VEGN US Vegan Climate ETF 0.7 60 -25 4.5 -6.4
EVUS iShares ESG Aware MSCI USA Value ETF 0.7 18 17 6.5 -4.4
VOOV Vanguard S&P 500 Value ETF 0.7 10 25 5.5 -5.5
CFA VictoryShares US 500 Volatility Wtd ETF 0.7 35 0 5.8 -5.1
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.7 40 -5 5.8 -5.2
VTV Vanguard Value ETF 0.7 4 31 6.9 -4.1
SPYV SPDR Portfolio S&P 500 Value ETF 0.7 4 31 6.6 -4.4
IVE iShares S&P 500 Value ETF 0.7 18 17 6.4 -4.5
DEUS Xtrackers Russell US Multifactor ETF 0.7 17 18 6.9 -4.0
USXF iShares ESG Advanced MSCI USA ETF 0.6 10 25 5.0 -5.9
WCEO Hypatia Women CEO ETF 0.6 85 -50 4.9 -6.0
DSI iShares MSCI KLD 400 Social ETF 0.6 25 10 5.0 -6.0
HKND Humankind US Stock ETF 0.6 11 24 6.7 -4.2
ICAP InfraCap Equity Income Fund ETF 0.6 171 -136 6.4 -4.6
NULC Nuveen ESG Large-Cap ETF 0.6 21 14 5.3 -5.6
ILCV iShares Morningstar Value ETF 0.6 4 31 6.5 -4.4
JHML John Hancock Multifactor Large Cap ETF 0.6 29 6 5.5 -5.5
TMFX Motley Fool Next Index ETF 0.6 50 -15 3.1 -7.9
VIG Vanguard Dividend Appreciation ETF 0.6 6 29 5.6 -5.3
IYY iShares Dow Jones U.S. ETF 0.5 20 15 4.9 -6.1
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.5 25 10 8.5 -2.5
SCHK Schwab 1000 Index ETF 0.5 5 30 5.1 -5.9
VONE Vanguard Russell 1000 ETF 0.5 8 27 5.0 -5.9
IWB iShares Russell 1000 ETF 0.5 15 20 5.0 -6.0
NANC Unusual Whales Subversive Democratic Trading ETF 0.5 75 -40 3.6 -7.3
SHE SPDR MSCI USA Gender Diversity ETF 0.5 20 15 4.8 -6.2
KRMA Global X Conscious Companies ETF 0.5 43 -8 5.6 -5.4
HDUS Hartford Disciplined US Equity ETF 0.5 19 16 6.0 -5.0
VT Vanguard Total World Stock ETF 0.5 7 28 6.5 -4.4
RWL Invesco S&P 500 Revenue ETF 0.5 39 -4 6.5 -4.4
SUSL iShares ESG MSCI USA Leaders ETF 0.5 10 25 5.0 -6.0
KRUZ Unusual Whales Subversive Republican Trading ETF 0.4 75 -40 5.0 -6.0
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.4 9 26 4.9 -6.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.4 11 24 5.0 -5.9
ESGU iShares ESG Aware MSCI USA ETF 0.4 15 20 5.0 -5.9
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.4 20 15 4.9 -6.1
NUDV Nuveen ESG Dividend ETF 0.4 26 9 7.2 -3.7
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.4 10 25 5.0 -6.0
SPXT ProShares S&P 500 Ex-Technology ETF 0.4 9 26 5.5 -5.5
DLN WisdomTree U.S. LargeCap Dividend Fund 0.4 28 7 6.1 -4.9
SPMV Invesco S&P 500 Minimum Variance ETF 0.4 10 25 5.4 -5.6
XMHQ Invesco S&P MidCap Quality ETF 0.4 25 10 6.8 -4.1
SCHX Schwab U.S. Large-Cap ETF 0.4 3 32 5.1 -5.9
EPS WisdomTree U.S. LargeCap Fund 0.4 8 27 6.1 -4.9
QUS SPDR MSCI USA StrategicFactors ETF 0.4 15 20 5.8 -5.1
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.4 95 -60 1.7 -9.3
RECS Columbia Research Enhanced Core ETF 0.4 15 20 5.4 -5.5
FDVV Fidelity High Dividend ETF 0.4 15 20 8.5 -2.5
IWX iShares Russell Top 200 Value ETF 0.4 20 15 6.4 -4.6
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.4 15 20 9.8 -1.1
SFY SoFi Select 500 ETF 0.3 0 35 5.0 -6.0
SPXV ProShares S&P 500 Ex-Health Care ETF 0.3 9 26 4.8 -6.2
ACVF American Conservative Values ETF 0.3 75 -40 4.2 -6.7
TMFS Motley Fool Small-Cap Growth ETF 0.3 85 -50 3.1 -7.8
SIXL ETC 6 Meridian Low Beta Equity ETF 0.3 80 -45 4.9 -6.0
XVV iShares ESG Screened S&P 500 ETF 0.3 8 27 4.9 -6.0
MGV Vanguard Mega Cap Value ETF 0.3 7 28 6.7 -4.3
VOO Vanguard S&P 500 ETF 0.3 3 32 5.1 -5.8
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.3 20 15 4.8 -6.1
CATH Global X S&P 500 Catholic Values Custom ETF 0.3 29 6 4.9 -6.0
NACP Impact Shares NAACP Minority Empowerment ETF 0.3 49 -14 4.8 -6.2
QVML Invesco S&P 500 QVM Multi-factor ETF 0.3 11 24 5.0 -6.0
SPXE ProShares S&P 500 Ex-Energy ETF 0.3 9 26 4.9 -6.0
IVV iShares Core S&P 500 ETF 0.3 3 32 5.1 -5.9
SPLG SPDR Portfolio S&P 500 ETF 0.3 2 33 5.1 -5.9
SPY SPDR S&P 500 ETF Trust 0.3 9 26 5.0 -5.9
VBK Vanguard Small-Cap Growth ETF 0.3 7 28 1.4 -9.6
VV Vanguard Large-Cap ETF 0.3 4 31 5.0 -5.9
STRV Strive 500 ETF 0.3 5 30 5.0 -6.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 15 5.3 -5.6
PBUS Invesco MSCI USA ETF 0.3 4 31 5.1 -5.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.3 2 33 5.1 -5.9
BKLC BNY Mellon US Large Cap Core Equity ETF 0.3 0 35 5.1 -5.9
ILCB iShares Morningstar U.S. Equity ETF 0.3 3 32 5.0 -5.9
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.3 10 25 5.2 -5.7
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF 0.3 12 23 5.6 -5.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.3 7 28 5.0 -5.9
VOTE TCW Transform 500 ETF 0.3 5 30 5.0 -5.9
SNPE Xtrackers S&P 500 ESG ETF 0.3 10 25 5.1 -5.8
LRGF iShares U.S. Equity Factor ETF 0.3 8 27 5.6 -5.4
RVRB Reverb ETF 0.3 30 5 4.8 -6.1
VFMV Vanguard U.S. Minimum Volatility ETF 0.2 13 22 5.2 -5.7
GSPY Gotham Enhanced 500 ETF 0.2 50 -15 5.2 -5.7
TOK iShares MSCI Kokusai ETF 0.2 26 9 5.1 -5.9
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 5 5.8 -5.2
URTH iShares MSCI World ETF 0.2 24 11 5.2 -5.8
TMFC Motley Fool 100 Index ETF 0.2 50 -15 3.8 -7.2
WOMN Impact Shares YWCA Women's Empowerment ETF 0.2 75 -40 4.7 -6.2
DIV Global X SuperDividend US ETF 0.2 45 -10 7.6 -3.3
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 26 5.3 -5.7
CGUS Capital Group Core Equity ETF 0.2 33 2 4.5 -6.4
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.2 60 -25 5.4 -5.5
ACWI iShares MSCI ACWI ETF 0.2 32 3 6.6 -4.4
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.2 12 23 4.3 -6.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 26 6.4 -4.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 23 4.7 -6.2
JQUA JPMorgan U.S. Quality Factor ETF 0.1 12 23 5.6 -5.4
IWL iShares Russell Top 200 ETF 0.1 15 20 4.8 -6.2
MGC Vanguard Mega Cap ETF 0.1 7 28 4.9 -6.1
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 3 5.0 -5.9
AIEQ AI Powered Equity ETF 0.1 75 -40 3.2 -7.8
STXD Strive 1000 Dividend Growth ETF 0.1 35 0 5.0 -5.9
ROUS Hartford Multifactor US Equity ETF 0.1 19 16 6.2 -4.7
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 26 5.6 -5.3
SQEW LeaderShares Equity Skew ETF 0.1 81 -46 5.8 -5.1
IUSG iShares Core S&P U.S. Growth ETF 0.1 4 31 4.4 -6.5
APUE ActivePassive U.S. Equity ETF 0.1 45 -10 4.8 -6.1
VALQ American Century U.S. Quality Value ETF 0.1 29 6 7.3 -3.7
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.1 10 25 4.7 -6.2
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 -14 5.9 -5.1
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.1 10 25 4.8 -6.2
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -40 4.4 -6.5
USMF WisdomTree U.S. Multifactor Fund 0.1 28 7 6.8 -4.1
GLOF iShares Global Equity Factor ETF 0.1 20 15 6.7 -4.3
JMOM JPMorgan U.S. Momentum Factor ETF 0.1 12 23 4.7 -6.2
DGRW WisdomTree US Quality Dividend Growth Fund 0.0 28 7 5.9 -5.0
FLQL Franklin LibertyQ U.S. Equity ETF 0.0 15 20 5.8 -5.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 6 6.1 -4.9
STXG Strive 1000 Growth ETF 0.0 18 17 4.0 -6.9
ARB AltShares Merger Arbitrage ETF -0.8 77 -42 -0.1 -11.0

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

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RESULTS & ESTIMATES

  2019 2020 2021 2022 2023 2024E 2025E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
SPDR S&P Regional Banking ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 9.5 %
Divided by: Fwd. P/BV 0.8 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 10.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.66 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.