SPDR S&P Regional Banking ETF
ALTAR
Score™		 10.5% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 11.0x P/Sales
ratio		 3.0x
P/BV
ratio		 1.0x Div.
yield		 2.9%


  • 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) $3,556
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 139
Wgt avg mkt cap (mns) $7,758
Large cap (>$10bn) 20.7%
Mid cap ($2-10bn) 60.6%
Small cap (<$2bn) 18.6%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
TRUIST FINANCIAL CORPORATION 4.2 %
CITIZENS FINANCIAL GROUP, INC. 4.2 %
M & T BANK CORP 4.2 %
HUNTINGTON BANCSHARES INC 4.1 %
REGIONS FINANCIAL CORP 4.0 %
FIRST HORIZON NATIONAL CORP 3.6 %
WESTERN ALLIANCE BANCORP 3.4 %
FLAGSTAR FINANCIAL INC 2.5 %
ZIONS BANCORPORATION 2.4 %
EAST WEST BANCORP INC 2.3 %
Total 34.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.4 %
PUERTO RICO 2.9 %









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.
2.9% 31.9% 8.5% 6.9% 3.8%

Market Correlations
versus... Beta R-squared
S&P500 1.03 27%
MSCI EAFE 0.94 23%
MSCI Emg. Mkts. 0.67 12%

Technical Indicators
Recent close $57.22
30d moving avg. $59.03
Annualized volatility 33.7%
Short interest (ETF) 62.1%
Short interest (Underlying) 2.3%
Relative strength (RSI) 41

Liquidity measures
Avg. volume (thou.) 14,023
Turnover 22.6%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $2,438

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 452 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™: 10.5%


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 54.3 35 0 10.1 -0.4
IAT iShares U.S. Regional Banks ETF 50.0 40 -5 10.1 -0.5
FTXO First Trust Nasdaq Bank ETF 45.5 60 -25 9.6 -0.9
KBWR Invesco KBW Regional Banking ETF 44.9 35 0 10.0 -0.6
QABA First Trust NASDAQ ABA Community Bank Index Fund 27.6 60 -25 9.4 -1.1
SVAL iShares US Small Cap Value Factor ETF 25.4 20 15 11.0 +0.5
KBWB Invesco KBW Bank ETF 24.1 35 0 9.1 -1.4
PSCF Invesco S&P SmallCap Financials ETF 22.7 29 6 6.2 -4.3
XMVM Invesco S&P MidCap Value with Momentum ETF 19.4 39 -4 9.7 -0.8
DFSV Dimensional US Small Cap Value ETF 19.4 31 4 10.9 +0.4
IWN iShares Russell 2000 Value ETF 17.3 24 11 5.8 -4.8
VTWV Vanguard Russell 2000 Value ETF 16.9 15 20 5.9 -4.6
DFAT Dimensional U.S. Targeted Value ETF 16.3 28 7 10.0 -0.5
AVSC Avantis U.S Small Cap Equity ETF 16.2 25 10 6.6 -4.0
DES WisdomTree U.S. SmallCap Dividend Fund 15.3 38 -3 8.7 -1.9
AVUV Avantis U.S. Small Cap Value ETF 15.2 25 10 10.8 +0.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 13.4 39 -4 5.4 -5.1
TPSC Timothy Plan US Small Cap Core ETF 13.3 52 -17 7.2 -3.3
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 13.3 12 23 8.1 -2.4
FXO First Trust Financials AlphaDEX Fund 13.0 62 -27 8.1 -2.4
CSA VictoryShares US Small Cap Volatility Wtd ETF 12.9 35 0 4.7 -5.8
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 12.9 42 -7 5.5 -5.1
FYT First Trust Small Cap Value AlphaDEX Fund 12.7 73 -38 9.9 -0.6
ISCV iShares Morningstar Small Cap Value ETF 12.7 6 29 8.4 -2.1
XSVM Invesco S&P SmallCap Value with Momentum ETF 12.5 36 -1 10.3 -0.2
BSVO EA Bridgeway Omni Small-Cap Value ETF 12.4 47 -12 9.8 -0.8
EES WisdomTree U.S. SmallCap Fund 12.4 38 -3 9.1 -1.4
IJS iShares S&P Small-Cap 600 Value ETF 11.9 18 17 9.4 -1.1
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 11.8 35 0 9.2 -1.3
VIOV Vanguard S&P Small-Cap 600 Value ETF 11.4 15 20 9.3 -1.3
SLYV SPDR S&P 600 Small Cap Value ETF 11.4 15 20 9.5 -1.1
SMCF Themes US Small Cap Cash Flow Champions ETF 11.3 29 6 11.8 +1.3
FOVL iShares Focused Value Factor ETF 11.3 25 10 10.1 -0.5
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 11.2 60 -25 8.5 -2.1
ESIX SPDR S&P SmallCap 600 ESG ETF 10.8 12 23 5.9 -4.7
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 10.7 9 26 4.0 -6.5
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 10.5 15 20 7.3 -3.2
XJR iShares ESG Screened S&P Small-Cap ETF 10.5 12 23 6.6 -4.0
ISMD Inspire Small/Mid Cap ETF 10.2 54 -19 4.7 -5.8
FYX First Trust Small Cap Core AlphaDEX Fund 10.1 61 -26 5.9 -4.7
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 10.1 39 -4 4.0 -6.5
DFAS Dimensional U.S. Small Cap ETF 9.7 26 9 6.9 -3.6
IJR iShares Core S&P Small Cap ETF 9.7 6 29 7.3 -3.2
VIOO Vanguard S&P Small-Cap 600 ETF 9.2 10 25 7.2 -3.3
SPSM SPDR Portfolio S&P 600 Small Cap ETF 9.1 3 32 7.4 -3.2
DVY iShares Select Dividend ETF 9.1 38 -3 9.2 -1.3
RSSL Global X Russell 2000 ETF 9.0 8 27 3.6 -6.9
DVLU First Trust Dorsey Wright Momentum & Value ETF 9.0 60 -25 7.1 -3.4
IWM iShares Russell 2000 ETF 8.9 19 16 3.6 -6.9
FNDA Schwab Fundamental US Small Co. Index ETF 8.9 25 10 6.6 -4.0
VTWO Vanguard Russell 2000 ETF 8.8 10 25 3.8 -6.7
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 8.6 40 -5 7.0 -3.5
JHSC John Hancock Multifactor Small Cap ETF 8.6 42 -7 6.9 -3.7
VBR Vanguard Small Cap Value ETF 8.3 7 28 8.5 -2.0
ROSC Hartford Multifactor Small Cap ETF 8.2 34 1 9.0 -1.6
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 8.2 20 15 5.5 -5.0
VFMF Vanguard U.S. Multifactor ETF 8.2 18 17 8.5 -2.0
IJJ iShares S&P Mid-Cap 400 Value ETF 8.2 18 17 8.6 -1.9
SMDV ProShares Russell 2000 Dividend Growers ETF 8.1 40 -5 7.0 -3.5
MDYV SPDR S&P 400 Mid Cap Value ETF 8.0 15 20 8.7 -1.9
FESM Fidelity Enhanced Small Cap ETF 8.0 28 7 3.8 -6.7
VFVA Vanguard U.S. Value Factor ETF 8.0 13 22 11.7 +1.1
PSC Principal U.S. Small-Cap ETF 8.0 38 -3 6.9 -3.6
RDIV Invesco S&P Ultra Dividend Revenue ETF 8.0 39 -4 10.3 -0.3
IVOV Vanguard S&P Mid-Cap 400 Value ETF 8.0 15 20 8.7 -1.9
STXK Strive Small-Cap ETF 8.0 18 17 5.5 -5.1
SCHA Schwab U.S. Small-Cap ETF 7.8 4 31 5.3 -5.2
DON WisdomTree U.S. MidCap Dividend Fund 7.7 38 -3 8.3 -2.2
ETHO Etho Climate Leadership U.S. ETF 7.3 47 -12 5.5 -5.0
ISCB iShares Morningstar Small-Cap ETF 7.2 4 31 5.6 -4.9
BKSE BNY Mellon US Small Cap Core Equity ETF 7.1 4 31 5.9 -4.6
IJT iShares S&P Small-Cap 600 Growth ETF 7.1 18 17 5.1 -5.4
XJH iShares ESG Screened S&P Mid-Cap ETF 7.1 12 23 7.0 -3.5
JMEE JPMorgan Market Expansion Enhanced Equity ETF 7.0 24 11 7.6 -2.9
FSMD Fidelity Small-Mid Multifactor ETF 7.0 15 20 7.0 -3.5
NUSC Nuveen ESG Small-Cap ETF 7.0 31 4 5.3 -5.2
ESML iShares ESG Aware MSCI USA Small-Cap ETF 6.9 17 18 5.7 -4.8
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 6.8 15 20 7.3 -3.2
SLYG SPDR S&P 600 Small Cap Growth ETF 6.7 15 20 5.1 -5.4
MIDE Xtrackers S&P MidCap 400 ESG ETF 6.7 15 20 4.3 -6.3
VIOG Vanguard S&P Small-Cap 600 Growth ETF 6.7 15 20 5.3 -5.2
EZM WisdomTree U.S. MidCap Fund 6.7 38 -3 9.3 -1.2
GRPZ Invesco S&P SmallCap 600 GARP ETF 6.6 35 0 3.1 -7.4
AIRR First Trust RBA American Industrial Renaissance ETF 6.6 70 -35 6.1 -4.4
RSPF Invesco S&P 500 Equal Weight Financials ETF 6.4 40 -5 6.9 -3.6
MDY SPDR S&P Midcap 400 ETF Trust 6.3 24 11 7.2 -3.3
IJH iShares Core S&P Mid-Cap ETF 6.3 5 30 7.4 -3.2
FTDS First Trust Dividend Strength ETF 6.3 70 -35 7.8 -2.7
VFH Vanguard Financials ETF 6.2 10 25 6.6 -3.9
FNCL Fidelity MSCI Financials Index ETF 6.2 8 27 6.6 -4.0
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 6.1 3 32 7.4 -3.1
IVOO Vanguard S&P Mid-Cap 400 ETF 6.1 10 25 7.3 -3.2
FNX First Trust Mid Cap Core AlphaDEX Fund 6.1 60 -25 8.2 -2.3
DHS WisdomTree U.S. High Dividend Fund 6.1 38 -3 7.8 -2.8
FNK First Trust Mid Cap Value AlphaDEX Fund 6.0 70 -35 12.3 +1.8
FAB First Trust Multi Cap Value AlphaDEX Fund 5.9 67 -32 10.1 -0.4
SMLF iShares U.S. SmallCap Equity Factor ETF 5.9 15 20 6.0 -4.6
GRPM Invesco S&P MidCap 400 GARP ETF 5.8 35 0 9.6 -1.0
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 5.7 60 -25 5.7 -4.8
PFI Invesco Dorsey Wright Financial Momentum ETF 5.7 60 -25 4.6 -5.9
RDVY First Trust Rising Dividend Achievers ETF 5.7 50 -15 7.8 -2.7
PEY Invesco High Yield Equity Dividend Achievers ETF 5.5 52 -17 9.9 -0.7
FNY First Trust Mid Cap Growth AlphaDEX Fund 5.4 70 -35 2.8 -7.8
AUSF Global X Adaptive U.S. Factor ETF 5.4 27 8 9.2 -1.4
BFOR ALPS Barron's 400 ETF 5.3 65 -30 6.2 -4.3
SCHD Schwab US Dividend Equity ETF 5.2 6 29 9.4 -1.1
HAPY Harbor Human Capital Factor Unconstrained ETF 5.1 50 -15 3.4 -7.2
FSMO Fidelity Small-Mid Cap Opportunities ETF 5.1 60 -25 6.4 -4.1
FLDZ RiverNorth Patriot ETF 5.1 75 -40 5.9 -4.6
XSMO Invesco S&P SmallCap Momentum ETF 5.0 39 -4 5.3 -5.3
XSHQ Invesco S&P SmallCap Quality ETF 5.0 29 6 8.4 -2.1
IYG iShares US Financial Services ETF 5.0 40 -5 6.2 -4.4
VXF Vanguard Extended Market ETF 5.0 6 29 4.5 -6.0
AFSM First Trust Active Factor Small Cap ETF 4.9 75 -40 7.0 -3.5
VFMO Vanguard U.S. Momentum Factor ETF 4.9 13 22 3.4 -7.2
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 4.9 29 6 7.4 -3.1
VB Vanguard Small-Cap ETF 4.9 5 30 5.7 -4.8
SFYX SoFi Next 500 ETF 4.9 0 35 3.6 -7.0
FDL First Trust Morningstar Dividend Leaders Index Fund 4.7 45 -10 9.2 -1.3
IYF iShares U.S. Financials ETF 4.7 40 -5 6.6 -3.9
SPYD SPDR Portfolio S&P 500 High Dividend ETF 4.4 7 28 8.2 -2.3
IJK iShares S&P Mid-Cap 400 Growth ETF 4.4 17 18 6.0 -4.5
VFQY Vanguard U.S. Quality Factor ETF 4.3 13 22 6.6 -3.9
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 4.3 7 28 6.2 -4.3
CVY Invesco Zacks Multi-Asset Income ETF 4.2 106 -71 10.9 +0.4
MDYG SPDR S&P 400 Mid Cap Growth ETF 4.2 15 20 6.0 -4.5
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 4.2 15 20 6.0 -4.5
IWC iShares Micro-Cap ETF 4.2 60 -25 -1.1 -11.6
OSCV Opus Small Cap Value ETF 4.2 79 -44 6.7 -3.8
LYLD Cambria Large Cap Shareholder Yield ETF 4.1 59 -24 9.8 -0.7
HAPS Harbor Human Capital Factor US Small Cap ETF 4.1 60 -25 4.4 -6.1
SMAP Amplify Small-Mid Cap Equity ETF 4.1 60 -25 1.3 -9.2
DFNL Davis Select Financial ETF 4.0 63 -28 8.4 -2.2
SPVM Invesco S&P 500 Value with Momentum ETF 4.0 39 -4 8.5 -2.0
AFMC First Trust Active Factor Mid Cap ETF 4.0 65 -30 8.2 -2.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 4.0 39 -4 9.8 -0.7
SQLV Royce Quant Small-Cap Quality Value ETF 3.8 60 -25 9.6 -0.9
RFDA RiverFront Dynamic US Dividend Advantage ETF 3.8 52 -17 6.5 -4.0
RFV Invesco S&P Midcap 400 Pure Value ETF 3.8 35 0 14.1 +3.5
RZG Invesco S&P Smallcap 600 Pure Growth ETF 3.6 35 0 3.7 -6.8
ACSI American Customer Satisfaction ETF 3.6 65 -30 5.2 -5.3
TBG TBG Dividend Focus ETF 3.6 59 -24 7.3 -3.2
BKMC BNY Mellon US Mid Cap Core Equity ETF 3.5 4 31 6.1 -4.4
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 3.5 38 -3 10.1 -0.4
FYC First Trust Small Cap Growth AlphaDEX Fund 3.5 71 -36 1.1 -9.5
STXM Strive Mid-Cap ETF 3.5 18 17 3.6 -6.9
LST Leuthold Select Industries ETF 3.4 91 -56 6.1 -4.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 3.4 25 10 5.9 -4.6
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 3.4 30 5 7.4 -3.1
JVAL JPMorgan U.S. Value Factor ETF 3.4 12 23 8.5 -2.0
YALL God Bless America ETF 3.3 65 -30 4.3 -6.2
ONEY SPDR Russell 1000 Yield Focus ETF 3.3 20 15 9.1 -1.5
SPDV AAM S&P 500 High Dividend Value ETF 3.3 29 6 9.8 -0.7
JSML Janus Henderson Small Cap Growth Alpha ETF 3.3 30 5 8.6 -1.9
ICAP InfraCap Equity Income Fund ETF 3.3 171 -136 5.2 -5.3
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF 3.2 38 -3 7.7 -2.9
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF 3.2 35 0 7.7 -2.8
RWK Invesco S&P MidCap 400 Revenue ETF 3.2 39 -4 10.2 -0.4
FLV American Century Focused Large Cap Value ETF 3.2 42 -7 6.7 -3.9
SCHM Schwab U.S. Mid-Cap ETF 3.1 4 31 6.7 -3.8
FLQS Franklin U.S. Small Cap Multifactor Index ETF 3.1 35 0 6.9 -3.7
JOET Virtus Terranova US Quality Momentum ETF 3.0 29 6 5.0 -5.5
IMCV iShares Morningstar Mid-Cap Value ETF 3.0 6 29 7.9 -2.6
WBIY WBI Power Factor High Dividend ETF 2.9 100 -65 13.4 +2.9
JHMM John Hancock Multifactor Mid Cap ETF 2.9 42 -7 6.5 -4.1
DIVG Invesco S&P 500 High Dividend Growers ETF 2.8 39 -4 5.3 -5.2
DFUV Dimensional US Marketwide Value ETF 2.8 22 13 8.1 -2.4
RNSC Furst Trust Small Cap US Equity Select ETF 2.8 60 -25 6.7 -3.9
AVSU Avantis Responsible U.S. Equity ETF 2.7 15 20 6.4 -4.1
DEW WisdomTree Global High Dividend Fund 2.7 58 -23 7.7 -2.8
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 2.7 5 30 7.1 -3.4
FAD First Trust Multi Cap Growth AlphaDEX Fund 2.7 64 -29 2.4 -8.1
ULVM VictoryShares US Value Momentum ETF 2.7 20 15 7.2 -3.3
CZA Invesco Zacks Mid-Cap ETF 2.6 72 -37 5.9 -4.7
NIXT Research Affiliates Deletions ETF 2.6 9 26 3.8 -6.7
CGDG Capital Group Dividend Growers ETF 2.6 47 -12 6.3 -4.2
DFAC Dimensional U.S. Core Equity 2 ETF 2.6 17 18 6.0 -4.5
RPV Invesco S&P 500 Pure Value ETF 2.5 35 0 10.7 +0.2
COPY Tweedy, Browne Insider + Value ETF 2.5 80 -45 12.6 +2.1
XMMO Invesco S&P MidCap Momentum ETF 2.5 34 1 5.6 -5.0
JPEF JPMorgan Equity Focus ETF 2.5 50 -15 4.5 -6.0
RSMC Rockefeller U.S. Small-Mid Cap ETF 2.4 75 -40 5.1 -5.4
VLU SPDR S&P 1500 Value Tilt ETF 2.4 12 23 7.2 -3.4
IWS iShares Russell Mid-Cap Value ETF 2.4 23 12 6.5 -4.0
DTD WisdomTree U.S. Total Dividend Fund 2.4 28 7 6.2 -4.3
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 2.3 60 -25 2.1 -8.4
RNMC First Trust Mid Cap US Equity Select ETF 2.3 60 -25 7.0 -3.6
FTA First Trust Large Cap Value AlphaDEX Fund 2.3 59 -24 9.4 -1.1
FSCS First Trust SMID Capital Strength ETF 2.3 60 -25 6.4 -4.2
UDI USCF Dividend Income Fund 2.3 65 -30 6.5 -4.0
RFG Invesco S&P Midcap 400 Pure Growth ETF 2.2 35 0 5.8 -4.8
NUDV Nuveen ESG Dividend ETF 2.2 26 9 6.7 -3.9
VYM Vanguard High Dividend Yield Index ETF 2.2 6 29 7.3 -3.2
AVUS Avantis U.S. Equity ETF 2.2 15 20 6.3 -4.2
SDY SPDR S&P Dividend ETF 2.2 35 0 6.2 -4.4
XLF Financial Select Sector SPDR Fund 2.1 8 27 6.0 -4.6
ARB AltShares Merger Arbitrage ETF 2.0 77 -42 4.0 -6.5
SIXS ETC 6 Meridian Small Cap Equity ETF 2.0 89 -54 9.4 -1.1
SMMD iShares Russell 2500 ETF 2.0 15 20 6.2 -4.3
DCOR Dimensional US Core Equity 1 ETF 2.0 14 21 5.8 -4.7
TMDV ProShares Russell US Dividend Growers ETF 2.0 35 0 4.6 -5.9
VOE Vanguard Mid-Cap Value ETF 2.0 7 28 7.2 -3.3
CSMD Congress SMid Growth ETF 2.0 69 -34 4.2 -6.3
XSLV Invesco S&P SmallCap Low Volatility ETF 2.0 25 10 5.4 -5.1
MAGA Point Bridge America First ETF 1.9 72 -37 6.5 -4.0
QDEF FlexShares Quality Dividend Defensive Index Fund 1.9 37 -2 5.9 -4.6
FCFY First Trust S&P 500 Diversified Free Cash Flow ETF 1.9 60 -25 1.2 -9.3
RZV Invesco S&P Smallcap 600 Pure Value ETF 1.9 35 0 10.9 +0.4
MBOX Freedom Day Dividend ETF 1.9 39 -4 7.4 -3.1
NUMV Nuveen ESG Mid-Cap Value ETF 1.9 31 4 6.4 -4.2
MVPA Miller Value Partners Appreciation ETF 1.9 60 -25 8.4 -2.2
IWR iShares Russell Midcap ETF 1.8 19 16 5.8 -4.8
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.8 30 5 7.0 -3.6
SDOG ALPS Sector Dividend Dogs ETF 1.8 36 -1 9.3 -1.2
VAMO Cambria Value & Momentum ETF 1.8 61 -26 6.8 -3.7
USCF Themes US Cash Flow Champions ETF 1.7 29 6 6.6 -3.9
ZIG Acquirers Fund 1.7 84 -49 20.3 +9.8
SPVU Invesco S&P 500 Enhanced Value ETF 1.7 13 22 10.5 -0.0
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 1.7 27 8 6.1 -4.4
FUNL CornerCap Fundametrics Large-Cap ETF 1.7 50 -15 7.3 -3.2
STXV Strive 1000 Value ETF 1.7 18 17 7.5 -3.1
PRF Invesco FTSE RAFI US 1000 ETF 1.7 39 -4 7.0 -3.6
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF 1.6 50 -15 8.3 -2.2
DFSU Dimensional US Sustainability Core 1 ETF 1.6 18 17 5.8 -4.7
GDIV Harbor Dividend Growth Leaders ETF 1.6 50 -15 5.2 -5.3
RSPE Invesco ESG S&P 500 Equal Weight ETF 1.5 20 15 7.8 -2.8
QDF FlexShares Quality Dividend Index Fund 1.5 37 -2 6.2 -4.3
WDIV SPDR S&P Global Dividend ETF 1.5 40 -5 9.6 -0.9
DIVB iShares Core Dividend ETF 1.5 5 30 7.7 -2.9
IMCB iShares Morningstar Mid-Cap ETF 1.5 4 31 6.0 -4.5
ISCG iShares Morningstar Small-Cap Growth ETF 1.5 6 29 2.7 -7.8
EQAL Invesco Russell 1000 Equal Weight ETF 1.5 20 15 6.6 -4.0
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 1.4 24 11 7.6 -2.9
PWV Invesco Large Cap Value ETF 1.4 55 -20 7.6 -2.9
BKWO BNY Mellon Women's Opportunities ETF 1.4 50 -15 4.0 -6.6
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.3 60 -25 6.3 -4.2
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 1.3 30 5 7.9 -2.6
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.3 25 10 7.8 -2.8
VLUE iShares MSCI USA Value Factor ETF 1.3 15 20 10.2 -0.4
HOMZ Hoya Capital Housing ETF 1.3 30 5 6.3 -4.2
ZECP Zacks Earnings Consistent Portfolio ETF 1.3 55 -20 4.9 -5.6
HLGE Hartford Longevity Economy ETF 1.3 44 -9 5.5 -5.0
ROUS Hartford Multifactor US Equity ETF 1.2 19 16 7.2 -3.3
KBWD Invesco KBW High Dividend Yield Financial ETF 1.2 384 -349 9.8 -0.7
FNDB Schwab Fundamental US Broad Market Index ETF 1.2 25 10 7.3 -3.3
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 1.2 60 -25 5.7 -4.9
IXG iShares Global Financials ETF 1.2 42 -7 7.2 -3.3
FEX First Trust Large Cap Core AlphaDEX Fund 1.2 59 -24 6.5 -4.0
FBCV Fidelity Blue Chip Value ETF 1.2 59 -24 7.5 -3.0
GINX SGI Enhanced Global Income ETF 1.2 98 -63 7.3 -3.2
DFAU Dimensional US Core Equity Market ETF 1.2 12 23 5.5 -5.0
WLDR Affinity World Leaders Equity ETF 1.1 67 -32 8.3 -2.2
VSDA VictoryShares Dividend Accelerator ETF 1.1 35 0 7.0 -3.5
DGRO iShares Core Dividend Growth ETF 1.1 8 27 6.6 -3.9
DURA VanEck Durable High Dividend ETF 1.1 29 6 8.5 -2.1
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 1.1 15 20 4.7 -5.8
VO Vanguard Mid-Cap ETF 1.1 4 31 5.6 -4.9
SNPV Xtrackers S&P 500 Value ESG ETF 1.1 15 20 5.4 -5.1
IWO iShares Russell 2000 Growth ETF 1.1 24 11 1.5 -9.1
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 1.1 15 20 10.0 -0.6
FMDE Fidelity Enhanced Mid Cap ETF 1.1 23 12 5.8 -4.7
VTWG Vanguard Russell 2000 Growth ETF 1.1 15 20 1.5 -9.0
JAVA JPMorgan Active Value ETF 1.1 44 -9 6.3 -4.2
XMLV Invesco S&P MidCap Low Volatility ETF 1.1 25 10 6.0 -4.5
IWD iShares Russell 1000 Value ETF 1.1 19 16 6.5 -4.1
GVUS Marketbeta Russell 1000 Value Equity ETF 1.1 12 23 6.5 -4.0
VONV Vanguard Russell 1000 Value ETF 1.0 8 27 6.6 -3.9
AMID Argent Mid Cap ETF Argent Mid Cap ETF 1.0 52 -17 6.9 -3.7
IUSV iShares Core S&P US Value ETF 1.0 4 31 6.5 -4.0
JSTC Adasina Social Justice All Cap Global ETF 1.0 89 -54 4.5 -6.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 1.0 9 26 6.1 -4.4
FQAL Fidelity Quality Factor ETF 1.0 15 20 5.9 -4.6
TXS Texas Capital Texas Equity Index ETF 1.0 49 -14 5.1 -5.4
ONEQ Fidelity Nasdaq Composite Index ETF 1.0 21 14 4.3 -6.3
ESGV Vanguard ESG U.S. Stock ETF 1.0 9 26 5.0 -5.5
FCPI Fidelity Stocks for Inflation ETF 0.9 15 20 7.8 -2.8
RSP Invesco S&P 500 Equal Weight ETF 0.9 20 15 6.3 -4.2
PFM Invesco Dividend Achievers ETF 0.9 53 -18 5.3 -5.2
DFUS Dimensional U.S. Equity ETF 0.9 9 26 5.3 -5.2
DFLV Dimensional US Large Cap Value ETF 0.9 22 13 8.2 -2.3
VUSE Vident U.S. Equity Strategy ETF 0.9 50 -15 4.8 -5.7
ONEO SPDR Russell 1000 Momentum Focus ETF 0.9 20 15 6.8 -3.8
CFA VictoryShares US 500 Volatility Wtd ETF 0.9 35 0 6.1 -4.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.9 3 32 5.2 -5.3
IWV iShares Russell 3000 ETF 0.9 20 15 5.0 -5.5
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.9 80 -45 6.0 -4.5
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.9 40 -5 6.0 -4.5
VTI Vanguard Total Stock Market ETF 0.9 3 32 5.2 -5.4
VTHR Vanguard Russell 3000 ETF 0.9 10 25 5.2 -5.4
SCHB Schwab U.S. Broad Market ETF 0.9 3 32 5.3 -5.2
SCHV Schwab U.S. Large-Cap Value ETF 0.9 4 31 6.8 -3.7
DLN WisdomTree U.S. LargeCap Dividend Fund 0.9 28 7 5.9 -4.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.9 12 23 4.5 -6.0
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.8 56 -21 12.6 +2.1
PTL Inspire 500 ETF 0.8 9 26 5.4 -5.1
NULV Nuveen ESG Large-Cap Value ETF 0.8 26 9 6.2 -4.3
TPHD Timothy Plan High Dividend Stock ETF 0.8 52 -17 6.9 -3.6
TPHE Timothy Plan High Dividend Stock Enhanced ETF 0.8 54 -19 6.9 -3.7
EUSA iShares MSCI USA Equal Weighted ETF 0.8 9 26 6.0 -4.6
KOCG FIS Knights of Columbus Global Belief ETF 0.8 75 -40 5.4 -5.2
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.8 3 32 5.5 -5.1
SIZE iShares MSCI USA Size Factor ETF 0.8 15 20 5.8 -4.7
SPGP Invesco S&P 500 GARP ETF 0.8 34 1 9.6 -0.9
FFLC Fidelity Fundamental Large Cap Core ETF 0.8 38 -3 4.9 -5.6
PY Principal Value ETF 0.8 15 20 7.1 -3.4
DEUS Xtrackers Russell US Multifactor ETF 0.7 17 18 6.9 -3.6
PDP Invesco Dorsey Wright Momentum ETF 0.7 62 -27 3.6 -7.0
FLRG Fidelity U.S. Multifactor ETF 0.7 15 20 7.1 -3.4
JHML John Hancock Multifactor Large Cap ETF 0.7 29 6 5.6 -4.9
REVS Columbia Research Enhanced Value ETF 0.7 19 16 7.6 -2.9
STCE Schwab Crypto Thematic ETF 0.7 30 5 1.8 -8.8
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.7 68 -33 2.7 -7.8
BLOK Amplify Transformational Data Sharing ETF 0.7 75 -40 0.4 -10.2
VEGN US Vegan Climate ETF 0.7 60 -25 4.6 -5.9
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.7 15 20 5.1 -5.5
FDWM Fidelity Women's Leadership ETF 0.7 59 -24 3.2 -7.4
BLES Inspire Global Hope ETF 0.7 61 -26 6.8 -3.7
FNDX Schwab Fundamental US Large Co. Index ETF 0.7 25 10 7.4 -3.1
SMOT VanEck Morningstar SMID Moat ETF 0.7 49 -14 7.1 -3.5
VFMV Vanguard U.S. Minimum Volatility ETF 0.7 13 22 5.5 -5.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.7 18 17 7.2 -3.3
VTV Vanguard Value ETF 0.6 4 31 6.9 -3.6
USXF iShares ESG Advanced MSCI USA ETF 0.6 10 25 4.9 -5.6
TMFX Motley Fool Next Index ETF 0.6 50 -15 3.2 -7.3
DSI iShares MSCI KLD 400 Social ETF 0.6 25 10 5.2 -5.3
ILCV iShares Morningstar Value ETF 0.6 4 31 6.7 -3.9
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.6 95 -60 0.7 -9.8
DEEP Roundhill Acquirers Deep Value ETF 0.6 80 -45 19.9 +9.4
IVE iShares S&P 500 Value ETF 0.6 18 17 6.2 -4.3
VOOV Vanguard S&P 500 Value ETF 0.6 10 25 6.3 -4.2
SPYV SPDR Portfolio S&P 500 Value ETF 0.6 4 31 6.4 -4.2
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.6 9 26 5.0 -5.6
CVAR Cultivar ETF 0.6 87 -52 6.1 -4.4
JHDV John Hancock U.S. High Dividend ETF 0.6 34 1 6.3 -4.2
VIG Vanguard Dividend Appreciation ETF 0.6 6 29 6.0 -4.6
DGRW WisdomTree US Quality Dividend Growth Fund 0.6 28 7 5.7 -4.8
SCHK Schwab 1000 Index ETF 0.6 5 30 5.3 -5.2
IYY iShares Dow Jones U.S. ETF 0.6 20 15 5.1 -5.4
AVLV Avantis U.S. Large Cap Value ETF 0.5 15 20 8.1 -2.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.5 11 24 5.2 -5.3
WCEO Hypatia Women CEO ETF 0.5 85 -50 -1.3 -11.9
LOWV AB US Low Volatility Equity ETF 0.5 48 -13 5.3 -5.2
IWB iShares Russell 1000 ETF 0.5 15 20 5.2 -5.3
VONE Vanguard Russell 1000 ETF 0.5 8 27 5.3 -5.3
VT Vanguard Total World Stock ETF 0.5 7 28 6.3 -4.2
MTUM iShares MSCI USA Momentum Factor ETF 0.5 15 20 3.9 -6.6
EVUS iShares ESG Aware MSCI USA Value ETF 0.5 18 17 6.0 -4.5
USMF WisdomTree U.S. Multifactor Fund 0.5 28 7 6.7 -3.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.5 29 6 6.4 -4.1
HKND Humankind US Stock ETF 0.5 11 24 7.5 -3.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.5 10 25 5.3 -5.2
FDFF Fidelity Disruptive Finance ETF 0.4 50 -15 4.1 -6.4
FDLS Inspire Fidelis Multi Factor ETF 0.4 76 -41 5.8 -4.8
SUSL iShares ESG MSCI USA Leaders ETF 0.4 10 25 5.3 -5.2
FDM First Trust Dow Jones Select MicroCap Index Fund 0.4 60 -25 8.4 -2.1
NACP Impact Shares NAACP Minority Empowerment ETF 0.4 49 -14 4.9 -5.6
FVD First Trust Value Line Dividend Index Fund 0.4 65 -30 6.1 -4.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.4 20 15 5.3 -5.2
SNPE Xtrackers S&P 500 ESG ETF 0.4 10 25 5.4 -5.2
SPXT ProShares S&P 500 Ex-Technology ETF 0.4 9 26 5.6 -5.0
SHE SPDR MSCI USA Gender Diversity ETF 0.4 20 15 5.2 -5.3
XMAG Defiance Large Cap ex-Mag 7 ETF 0.4 35 0 4.6 -5.9
SCHX Schwab U.S. Large-Cap ETF 0.4 3 32 5.3 -5.2
MODL VictoryShares WestEnd U.S. Sector ETF 0.4 42 -7 5.0 -5.6
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 0.4 56 -21 6.3 -4.3
KRUZ Unusual Whales Subversive Republican Trading ETF 0.4 75 -40 6.0 -4.5
SUSA iShares MSCI USA ESG Select ETF 0.4 25 10 5.0 -5.5
RWL Invesco S&P 500 Revenue ETF 0.4 39 -4 7.0 -3.5
ACVF American Conservative Values ETF 0.4 75 -40 4.5 -6.0
QVML Invesco S&P 500 QVM Multi-factor ETF 0.4 11 24 5.4 -5.2
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.4 52 -17 5.6 -4.9
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.4 58 -23 5.6 -4.9
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.4 15 20 5.8 -4.7
RECS Columbia Research Enhanced Core ETF 0.4 15 20 6.2 -4.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.4 75 -40 3.7 -6.8
SPXV ProShares S&P 500 Ex-Health Care ETF 0.3 9 26 4.4 -6.1
IWX iShares Russell Top 200 Value ETF 0.3 20 15 6.4 -4.1
CATH Global X S&P 500 Catholic Values Custom ETF 0.3 29 6 5.1 -5.4
XVV iShares ESG Screened S&P 500 ETF 0.3 8 27 5.1 -5.4
QUS SPDR MSCI USA StrategicFactors ETF 0.3 15 20 5.8 -4.7
VBK Vanguard Small-Cap Growth ETF 0.3 7 28 1.7 -8.8
MGV Vanguard Mega Cap Value ETF 0.3 7 28 6.7 -3.8
ILCB iShares Morningstar U.S. Equity ETF 0.3 3 32 5.2 -5.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.3 7 28 5.2 -5.3
SPXE ProShares S&P 500 Ex-Energy ETF 0.3 9 26 4.7 -5.8
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.3 2 33 5.3 -5.2
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.3 14 21 5.2 -5.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.3 20 15 5.0 -5.5
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.3 32 3 5.2 -5.3
BKLC BNY Mellon US Large Cap Core Equity ETF 0.3 0 35 5.3 -5.3
IVV iShares Core S&P 500 ETF 0.3 3 32 5.3 -5.2
VOO Vanguard S&P 500 ETF 0.3 3 32 5.3 -5.2
SPLG SPDR Portfolio S&P 500 ETF 0.3 2 33 5.3 -5.2
SPY SPDR S&P 500 ETF Trust 0.3 9 26 5.2 -5.3
VV Vanguard Large-Cap ETF 0.3 4 31 5.2 -5.3
PBUS Invesco MSCI USA ETF 0.3 4 31 5.2 -5.3
STRV Strive 500 ETF 0.3 5 30 5.2 -5.4
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF 0.3 12 23 5.0 -5.5
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.3 9 26 5.6 -5.0
VOTE TCW Transform 500 ETF 0.3 5 30 5.2 -5.3
INRO iShares U.S. Industry Rotation Active ETF 0.3 42 -7 4.1 -6.4
WOMN Impact Shares YWCA Women's Empowerment ETF 0.3 75 -40 5.2 -5.4
EPS WisdomTree U.S. LargeCap Fund 0.3 8 27 6.1 -4.4
PKW Invesco Buyback Achievers ETF 0.3 62 -27 8.0 -2.6
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.3 60 -25 4.7 -5.9
RVRB Reverb ETF 0.3 30 5 3.7 -6.8
SHUS Syntax Stratified U.S. Total Market Hedged ETF 0.3 65 -30 5.4 -5.2
SSPY Syntax Stratified LargeCap ETF 0.3 30 5 6.6 -4.0
GSPY Gotham Enhanced 500 ETF 0.2 50 -15 5.5 -5.0
IUSG iShares Core S&P U.S. Growth ETF 0.2 4 31 4.7 -5.8
FLQL Franklin LibertyQ U.S. Equity ETF 0.2 15 20 5.7 -4.8
BIBL Inspire 100 ETF 0.2 35 0 4.7 -5.9
TMFS Motley Fool Small-Cap Growth ETF 0.2 85 -50 3.1 -7.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 26 6.1 -4.5
TMFC Motley Fool 100 Index ETF 0.2 50 -15 4.1 -6.4
OPTZ Optimize Strategy Index ETF 0.2 50 -15 5.3 -5.2
TOK iShares MSCI Kokusai ETF 0.2 26 9 5.2 -5.4
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 20 5.1 -5.4
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 26 5.5 -5.1
URTH iShares MSCI World ETF 0.2 24 11 5.5 -5.0
NANC Unusual Whales Subversive Democratic Trading ETF 0.2 75 -40 4.2 -6.3
NULC Nuveen ESG Large-Cap ETF 0.2 21 14 5.0 -5.5
FELV Fidelity Enhanced Large Cap Value ETF 0.2 18 17 6.8 -3.7
SFY SoFi Select 500 ETF 0.2 0 35 4.8 -5.7
ACWI iShares MSCI ACWI ETF 0.2 32 3 6.0 -4.6
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 15 7.4 -3.1
GVLU Gotham 1000 Value ETF 0.2 50 -15 9.1 -1.5
AFLG First Trust Active Factor Large Cap ETF 0.2 55 -20 6.2 -4.3
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.2 10 25 5.4 -5.2
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 23 6.0 -4.6
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 5 5.9 -4.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 23 5.1 -5.4
OALC OneAscent Large Cap Core ETF 0.2 86 -51 4.6 -5.9
KLMN Invesco MSCI North America Climate ETF 0.1 9 26 5.3 -5.3
MGC Vanguard Mega Cap ETF 0.1 7 28 5.1 -5.4
IWL iShares Russell Top 200 ETF 0.1 15 20 5.1 -5.5
DIV Global X SuperDividend US ETF 0.1 45 -10 10.1 -0.4
STXD Strive 1000 Dividend Growth ETF 0.1 35 0 5.0 -5.5
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 25 6.1 -4.5
DFVX Dimensional US Large Cap Vector ETF 0.1 22 13 6.6 -4.0
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.1 10 25 4.2 -6.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 15 6.0 -4.5
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.1 10 25 3.3 -7.2
HDUS Hartford Disciplined US Equity ETF 0.1 19 16 5.9 -4.7
APUE ActivePassive U.S. Equity ETF 0.0 45 -10 4.9 -5.6
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 -14 5.9 -4.7
STXG Strive 1000 Growth ETF 0.0 18 17 4.2 -6.3
IWP iShares Russell Mid-Cap Growth ETF 0.0 23 12 3.7 -6.9
VONG Vanguard Russell 1000 Growth ETF 0.0 8 27 4.9 -5.6
IWF iShares Russell 1000 Growth ETF 0.0 19 16 4.8 -5.7
FBCG Fidelity Blue Chip Growth ETF 0.0 59 -24 3.4 -7.2
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 23 4.8 -5.7

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:		 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 11.0 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 10.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.63 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.