WHITEWOLF Publicly Listed Private Equity ETF
ALTAR
Score™		 9.5% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 11.3x P/Sales
ratio		 4.2x
P/BV
ratio		 1.5x Div.
yield		 6.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
WHITEWOLF Publicly Listed Private Equity ETF invests primarily in publicly traded companies that engage in private equity investment strategies, aiming to provide investors with exposure to the performance of private equity markets.

FUND BASICS
Category US Equities
Fund Sponsor WHITEWOLF
Website lbo.fund/
Inception date Nov 30, 2023
Assets (mns) $8
Currency USD
Expense ratio 70 bp
Distributions

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 36
Wgt avg mkt cap (mns) $21,942
Large cap (>$10bn) 29.3%
Mid cap ($2-10bn) 41.6%
Small cap (<$2bn) 29.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ARES CAPITAL CORP 10.8 %
BLACKSTONE SECURED LENDING FUND 9.0 %
HERCULES TECHNOLOGY GROWTH 8.4 %
FS INVESTMENT CORP 5.7 %
GOLUB CAPITAL BDC INC 5.6 %
ARES MANAGEMENT LP 5.5 %
BLACKSTONE GROUP LP/THE 4.6 %
KKR & CO LP 4.4 %
APOLLO GLOBAL MANAGEMENT INC. 4.3 %
CARLYLE GROUP/THE 3.6 %
Total 61.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 85.5 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-13.6% -11.9% -- -- 9.5%

Market Correlations
versus... Beta R-squared
S&P500 0.79 26%
MSCI EAFE 0.51 13%
MSCI Emg. Mkts. 0.50 10%

Technical Indicators
Recent close $28.52
30d moving avg. $28.10
Annualized volatility 17.0%
Short interest (ETF) 0.6%
Relative strength (RSI) 42

Liquidity measures
Avg. volume (thou.) 6
Turnover 2.1%
Bid/Ask (% of price) 0.21%
ADV underlying (mns) $2,142

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 437 potential alternatives to the WHITEWOLF Publicly Listed Private Equity ETF ETF based on the alternatives' overlap in portfolio holdings with LBO. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: LBO Expense: 70 bp ALTAR Score™: 9.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH LBO
Ticker Fund
Name		 Overlap1
vs LBO
(%)		 Expense
ratio
(bp)		 Savings
vs LBO
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs LBO
(%)
PEX ProShares Global Listed Private Equity ETF 36.1 81 -11 11.0 +1.5
BIZD VanEck BDC Income ETF 35.6 11 59 11.6 +2.1
GPZ VanEck Alternative Asset Manager ETF 31.6 40 30 4.8 -4.7
AAUM Tema Alternative Asset Managers ETF 31.4 99 -29 3.5 -6.1
PSP Invesco Global Listed Private Equity ETF 24.8 106 -36 6.1 -3.4
KCE State Street SPDR S&P Capital Markets ETF 13.0 35 35 6.5 -3.0
PFI Invesco Dorsey Wright Financial Momentum ETF 12.6 60 10 5.0 -4.5
KBWD Invesco KBW High Dividend Yield Financial ETF 12.3 384 -314 13.8 +4.3
FDFF Fidelity Disruptive Finance ETF 9.8 50 20 4.6 -5.0
ICAP InfraCap Equity Income Fund ETF 8.7 171 -101 4.7 -4.8
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 7.2 60 10 6.0 -3.6
IYF iShares U.S. Financials ETF 7.1 40 30 6.0 -3.5
IYG iShares US Financial Services ETF 6.8 40 30 5.5 -4.0
FNCL Fidelity MSCI Financials Index ETF 6.2 8 62 6.7 -2.9
LOGO Alpha Brands Consumption Leaders ETF 6.1 69 1 3.2 -6.3
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 6.1 75 -5 2.9 -6.6
VFH Vanguard Financials ETF 5.3 9 61 6.7 -2.9
XLF The Financial Select Sector SPDR Fund 5.3 8 62 6.0 -3.5
RSPF Invesco S&P 500 Equal Weight Financials ETF 5.1 40 30 6.8 -2.7
GK AdvisorShares Gerber Kawasaki ETF 4.6 75 -5 2.6 -6.9
USSE Segall Bryant & Hamill Select Equity ETF 4.6 65 5 4.3 -5.3
TBG TBG Dividend Focus ETF 4.4 59 11 7.7 -1.8
AKRE Akre Focus ETF 4.4 106 -36 0.0 -9.5
SWP SWP Growth & Income ETF 4.0 99 -29 4.1 -5.5
ABIG Argent Large Cap ETF 3.7 49 21 5.2 -4.3
ALTL Pacer Lunt Large Cap Alternator ETF 3.5 60 10 4.7 -4.8
GGRW Gabelli Growth Innovators ETF 3.4 90 -20 2.4 -7.1
GDIV Harbor Dividend Growth Leaders ETF 3.4 50 20 5.1 -4.4
IPO Renaissance IPO ETF 3.2 60 10 3.5 -6.1
AFOS ARS Focused Opportunities Strategy ETF 2.9 45 25 3.1 -6.4
IXG iShares Global Financials ETF 2.9 42 28 6.6 -2.9
BGDV Bahl & Gaynor Dividend ETF 2.8 45 25 4.7 -4.9
VFMO Vanguard U.S. Momentum Factor ETF 2.8 13 57 3.1 -6.5
SPHB Invesco S&P 500 High Beta ETF 2.8 25 45 5.1 -4.4
FDVV Fidelity High Dividend ETF 2.6 15 55 7.6 -2.0
GINN Goldman Sachs Innovate Equity ETF 2.6 52 18 3.7 -5.9
BGRO iShares Large Cap Growth Active ETF 2.5 55 15 2.9 -6.6
FXO First Trust Financials AlphaDEX Fund 2.4 62 8 8.2 -1.3
BITQ Bitwise Crypto Industry Innovators ETF 2.3 85 -15 -2.1 -11.7
DIVS SmartETFs Dividend Builder ETF 2.3 65 5 5.0 -4.5
FLV American Century Focused Large Cap Value ETF 2.3 42 28 6.7 -2.8
MBCC Monarch Blue Chips Core ETF 2.3 125 -55 4.4 -5.2
SAMT Strategas Macro Thematic Opportunities ETF 2.3 65 5 2.5 -7.0
BLOK Amplify Transformational Data Sharing ETF 2.3 75 -5 0.4 -9.1
DIVL Madison Dividend Value ETF 2.3 65 5 6.0 -3.6
CZAR Themes Natural Monopoly ETF 2.3 35 35 5.6 -3.9
FTGS First Trust Growth Strength ETF 2.3 60 10 4.7 -4.9
JHDV John Hancock U.S. High Dividend ETF 2.2 34 36 6.7 -2.8
MID American Century Mid Cap Growth Impact ETF 2.1 45 25 3.5 -6.1
SNPV Xtrackers S&P 500 Value ESG ETF 2.1 15 55 6.9 -2.7
FBCV Fidelity Blue Chip Value ETF 2.1 59 11 7.3 -2.2
DVND Touchstone Dividend Select ETF 2.1 67 3 5.5 -4.0
FMKT The Free Markets ETF 2.1 76 -6 3.6 -6.0
SXQG ETC 6 Meridian Quality Growth ETF 2.1 100 -30 4.9 -4.6
CGGR Capital Group Growth ETF 2.0 39 31 3.4 -6.1
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 2.0 60 10 4.2 -5.4
DON WisdomTree U.S. MidCap Dividend Fund 2.0 38 32 9.1 -0.4
JGRO JPMorgan Active Growth ETF 2.0 44 26 3.6 -6.0
SFYX SoFi Next 500 ETF 1.9 0 70 6.0 -3.6
ULVM VictoryShares US Value Momentum ETF 1.9 20 50 7.3 -2.3
LGRO Level Four Large Cap Growth Active ETF 1.8 55 15 4.2 -5.4
BDIV AAM Brentview Dividend Growth ETF 1.8 49 21 4.5 -5.0
YLDE ClearBridge Dividend Strategy ESG ETF 1.8 60 10 5.7 -3.9
VYM Vanguard High Dividend Yield Index ETF 1.8 6 64 7.0 -2.6
MGV Vanguard Mega Cap Value ETF 1.7 7 63 6.5 -3.1
VOT Vanguard Mid-Cap Growth ETF 1.7 7 63 3.5 -6.0
QDIV Global X S&P 500 Quality Dividend ETF 1.7 20 50 9.0 -0.6
PDP Invesco Dorsey Wright Momentum ETF 1.7 62 8 2.0 -7.5
FSST Fidelity Sustainable U.S. Equity ETF 1.6 59 11 4.2 -5.3
XOEF iShares S&P 500 ex S&P 100 ETF 1.6 20 50 5.6 -3.9
IWFG IQ Winslow Focused Large Cap Growth ETF 1.6 65 5 3.2 -6.4
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.6 70 0 2.2 -7.3
STXD Strive 1000 Dividend Growth ETF 1.6 35 35 4.9 -4.6
QGRW WisdomTree U.S. Quality Growth Fund 1.6 28 42 4.2 -5.3
JAVA JPMorgan Active Value ETF 1.5 44 26 6.3 -3.2
DTD WisdomTree U.S. Total Dividend Fund 1.5 28 42 6.3 -3.2
DURA VanEck Durable High Dividend ETF 1.5 29 41 7.4 -2.2
GRPM Invesco S&P MidCap 400 GARP ETF 1.5 35 35 7.9 -1.7
AMID Argent Mid Cap ETF Argent Mid Cap ETF 1.5 52 18 6.1 -3.4
ALIL Argent Focused Small Cap ETF 1.5 74 -4 6.6 -2.9
DLN WisdomTree U.S. LargeCap Dividend Fund 1.5 28 42 6.0 -3.6
USCF Themes US Cash Flow Champions ETF 1.5 29 41 9.0 -0.5
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.5 68 2 4.3 -5.3
AIEQ AI Powered Equity ETF 1.4 75 -5 4.9 -4.6
RDVY First Trust Rising Dividend Achievers ETF 1.4 50 20 6.3 -3.2
CGUS Capital Group Core Equity ETF 1.4 33 37 4.4 -5.2
RSMC Rockefeller U.S. Small-Mid Cap ETF 1.4 75 -5 4.6 -5.0
JMOM JPMorgan U.S. Momentum Factor ETF 1.4 12 58 4.6 -4.9
IWP iShares Russell Mid-Cap Growth ETF 1.4 23 47 3.4 -6.2
HAPY Harbor Human Capital Factor Unconstrained ETF 1.4 50 20 5.8 -3.7
JCTR JPMorgan Carbon Transition U.S. Equity ETF 1.4 15 55 4.6 -4.9
EQRR ProShares Equities for Rising Rates ETF 1.3 35 35 8.0 -1.6
REVS Columbia Research Enhanced Value ETF 1.3 19 51 7.7 -1.8
DGRW WisdomTree US Quality Dividend Growth Fund 1.3 28 42 5.5 -4.0
MODL VictoryShares WestEnd U.S. Sector ETF 1.3 42 28 4.5 -5.0
PSCF Invesco S&P SmallCap Financials ETF 1.3 29 41 9.8 +0.2
MAGA Point Bridge America First ETF 1.2 72 -2 6.3 -3.2
HDV iShares Core High Dividend ETF 1.2 8 62 7.0 -2.5
CFA VictoryShares US 500 Volatility Wtd ETF 1.2 35 35 6.0 -3.5
CVLC Calvert US Large-Cap Core Responsible Index ETF 1.2 15 55 4.8 -4.7
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 1.2 40 30 6.0 -3.6
DAK Dakota Active Equity ETF 1.2 43 27 4.4 -5.1
USXF iShares ESG Advanced MSCI USA ETF 1.2 10 60 4.8 -4.7
SPXT ProShares S&P 500 Ex-Technology ETF 1.2 9 61 5.5 -4.0
GLBL Pacer MSCI World Industry Advantage ETF 1.2 65 5 4.1 -5.4
IWX iShares Russell Top 200 Value ETF 1.2 20 50 6.0 -3.5
IVE iShares S&P 500 Value ETF 1.2 18 52 6.1 -3.4
VOOV Vanguard S&P 500 Value ETF 1.2 7 63 6.2 -3.3
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 1.2 75 -5 4.0 -5.5
LVDS JPMorgan Fundamental Data Science Large Value ETF 1.2 49 21 6.1 -3.4
SPYV State Street SPDR Portfolio S&P 500 Value ETF 1.2 4 66 6.3 -3.3
ADME Aptus Drawdown Managed Equity ETF 1.1 79 -9 4.0 -5.5
RPG Invesco S&P 500 Pure Growth ETF 1.1 35 35 3.5 -6.1
HAPS Harbor Human Capital Factor US Small Cap ETF 1.1 60 10 3.8 -5.7
IUSV iShares Core S&P US Value ETF 1.1 4 66 6.4 -3.1
GGUS Marketbeta Russell 1000 Growth Equity ETF 1.1 12 58 4.7 -4.9
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 1.1 9 61 6.2 -3.3
JPSV JPMorgan Active Small Cap Value ETF 1.1 74 -4 8.4 -1.1
XMAG Defiance Large Cap ex-Mag 7 ETF 1.1 35 35 5.1 -4.4
RFG Invesco S&P Midcap 400 Pure Growth ETF 1.1 35 35 5.4 -4.2
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 1.1 32 38 5.0 -4.5
FFND Future Fund Active ETF 1.1 100 -30 3.8 -5.8
FSGS First Trust SMID Growth Strength ETF 1.1 60 10 5.2 -4.4
LGCF Themes US Cash Flow Champions ETF 1.1 30 40 8.2 -1.3
XMHQ Invesco S&P MidCap Quality ETF 1.1 25 45 6.8 -2.7
GURU Global X Guru Index ETF 1.1 75 -5 3.0 -6.5
KBE State Street SPDR S&P Bank ETF 1.0 35 35 9.8 +0.3
GVUS Marketbeta Russell 1000 Value Equity ETF 1.0 12 58 6.5 -3.0
SIZE iShares MSCI USA Size Factor ETF 1.0 15 55 6.1 -3.4
AVSU Avantis Responsible U.S. Equity ETF 1.0 15 55 5.8 -3.7
EQWL Invesco S&P 100 Equal Weight ETF 1.0 25 45 6.2 -3.4
INCE Franklin Income Equity Focus ETF 1.0 29 41 5.8 -3.7
RNMC First Trust Mid Cap US Equity Select ETF 1.0 60 10 7.0 -2.6
BGIG Bahl & Gaynor Income Growth ETF 1.0 45 25 5.1 -4.4
ZECP Zacks Earnings Consistent Portfolio ETF 1.0 55 15 4.7 -4.8
PEY Invesco High Yield Equity Dividend Achievers ETF 1.0 52 18 10.3 +0.7
MDLV Morgan Dempsey Large Cap Value ETF 1.0 58 12 7.2 -2.3
RJDI RJ Eagle GCM Dividend Select Income ETF 1.0 55 15 5.4 -4.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 1.0 7 63 4.8 -4.7
FTC First Trust Large Cap Growth AlphaDEX Fund 1.0 59 11 2.1 -7.5
PRXV Praxis Impact Large Cap Value ETF 1.0 36 34 6.6 -2.9
VTV Vanguard Value ETF 1.0 4 66 6.8 -2.7
BKLC BNY Mellon US Large Cap Core Equity ETF 1.0 0 70 4.9 -4.7
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 1.0 11 59 4.9 -4.7
EUSA iShares MSCI USA Equal Weighted ETF 1.0 9 61 6.3 -3.2
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.0 64 6 1.2 -8.4
KLMN Invesco MSCI North America Climate ETF 0.9 9 61 4.9 -4.6
ILCV iShares Morningstar Value ETF 0.9 4 66 6.3 -3.3
VOTE TCW Transform 500 ETF 0.9 5 65 4.8 -4.7
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.9 2 68 4.9 -4.6
OALC OneAscent Large Cap Core ETF 0.9 86 -16 4.1 -5.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.9 20 50 5.0 -4.5
DGRO iShares Core Dividend Growth ETF 0.9 8 62 6.5 -3.0
DIVB iShares Core Dividend ETF 0.9 5 65 8.3 -1.2
FPX First Trust US Equity Opportunities ETF 0.9 61 9 1.0 -8.5
SPXV ProShares S&P 500 Ex-Health Care ETF 0.9 9 61 4.6 -4.9
TOPC iShares S&P 500 3% Capped ETF 0.9 15 55 5.1 -4.5
CGGO Capital Group Global Growth Equity ETF 0.9 47 23 4.2 -5.3
IWD iShares Russell 1000 Value ETF 0.9 19 51 6.4 -3.1
VONV Vanguard Russell 1000 Value ETF 0.9 7 63 6.5 -3.0
QVML Invesco S&P 500 QVM Multi-factor ETF 0.9 11 59 5.0 -4.5
XSMO Invesco S&P SmallCap Momentum ETF 0.8 39 31 4.4 -5.1
FLDZ RiverNorth Patriot ETF 0.8 75 -5 6.3 -3.2
DIVN Horizon Dividend Income ETF 0.8 70 0 7.8 -1.7
VXF Vanguard Extended Market ETF 0.8 5 65 4.7 -4.8
DIVG Invesco S&P 500 High Dividend Growers ETF 0.8 39 31 8.5 -1.1
NANC Unusual Whales Subversive Democratic Trading ETF 0.8 75 -5 3.6 -5.9
SPMO Invesco S&P 500 Momentum ETF 0.8 13 57 3.9 -5.6
DSPY Tema S&P 500 Historical Weight ETF 0.8 18 52 5.2 -4.4
OEI Optimized Equity Income ETF 0.8 75 -5 0.0 -9.5
PBUS Invesco MSCI USA ETF 0.8 4 66 4.8 -4.7
HAPI Harbor Human Capital Factor US Large Cap ETF 0.8 36 34 4.9 -4.7
SGLC SGI U.S. Large Cap Core ETF 0.8 85 -15 4.1 -5.4
SPXE ProShares S&P 500 Ex-Energy ETF 0.8 9 61 4.7 -4.8
IWL iShares Russell Top 200 ETF 0.8 15 55 4.5 -5.0
EPS WisdomTree U.S. LargeCap Fund 0.8 8 62 5.7 -3.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.8 29 41 6.4 -3.1
SPXM Azoria 500 Meritocracy ETF 0.8 47 23 4.5 -5.0
SFY SoFi Select 500 ETF 0.8 0 70 4.4 -5.1
GXLC Global X U.S. 500 ETF 0.8 2 68 4.8 -4.7
QUAL iShares MSCI USA Quality Factor ETF 0.8 15 55 5.5 -4.1
STXV Strive 1000 Value ETF 0.8 18 52 8.1 -1.4
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.8 9 61 5.3 -4.2
CATH Global X S&P 500 Catholic Values Custom ETF 0.8 29 41 4.6 -4.9
STRV Strive 500 ETF 0.8 5 65 4.8 -4.8
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.8 10 60 4.4 -5.2
LSAF LeaderShares AlphaFactor US Core Equity ETF 0.8 75 -5 7.6 -1.9
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.8 25 45 5.5 -4.0
ESGG FlexShares STOXX Global ESG Select Index Fund 0.8 42 28 5.3 -4.3
ILCB iShares Morningstar U.S. Equity ETF 0.8 3 67 4.8 -4.7
MGC Vanguard Mega Cap ETF 0.8 7 63 4.6 -5.0
RSP Invesco S&P 500 Equal Weight ETF 0.8 20 50 6.8 -2.8
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.8 4 66 6.0 -3.5
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.8 19 51 5.5 -4.0
VV Vanguard Large-Cap ETF 0.7 4 66 4.8 -4.8
GSPY Gotham Enhanced 500 ETF 0.7 50 20 5.1 -4.5
VONE Vanguard Russell 1000 ETF 0.7 7 63 4.9 -4.6
PRAY FIS Christian Stock Fund 0.7 69 1 5.1 -4.4
FQAL Fidelity Quality Factor ETF 0.7 15 55 5.7 -3.8
JHML John Hancock Multifactor Large Cap ETF 0.7 29 41 5.3 -4.2
IWB iShares Russell 1000 ETF 0.7 15 55 4.8 -4.7
TOV JLens 500 Jewish Advocacy U.S. ETF 0.7 18 52 4.6 -4.9
IYY iShares Dow Jones U.S. ETF 0.7 20 50 4.7 -4.8
SMOT VanEck Morningstar SMID Moat ETF 0.7 49 21 6.8 -2.7
DFSU Dimensional US Sustainability Core 1 ETF 0.7 18 52 5.3 -4.2
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.7 15 55 6.1 -3.5
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF 0.7 35 35 7.7 -1.8
RVRB Reverb ETF 0.7 30 40 4.5 -5.0
PFM Invesco Dividend Achievers ETF 0.7 53 17 5.3 -4.3
DFUS Dimensional U.S. Equity ETF 0.7 9 61 4.8 -4.8
VTHR Vanguard Russell 3000 ETF 0.7 7 63 4.8 -4.7
FDMO Fidelity Momentum Factor ETF 0.7 15 55 3.6 -5.9
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF 0.7 38 32 7.7 -1.8
PSC Principal U.S. Small-Cap ETF 0.7 38 32 6.9 -2.7
VUG Vanguard Growth ETF 0.7 4 66 4.2 -5.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.7 3 67 4.8 -4.7
IWV iShares Russell 3000 ETF 0.7 20 50 4.7 -4.8
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.7 20 50 4.6 -4.9
CHRI Global X S&P 500 Christian Values ETF 0.7 29 41 4.6 -4.9
KOKU Xtrackers MSCI Kokusai Equity ETF 0.7 9 61 5.1 -4.5
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.7 29 41 4.7 -4.9
RAUS RACWI US ETF 0.7 15 55 4.7 -4.9
VTI Vanguard Total Stock Market ETF 0.7 3 67 4.8 -4.7
VOO Vanguard S&P 500 ETF 0.7 3 67 4.9 -4.6
FFLC Fidelity Fundamental Large Cap Core ETF 0.7 38 32 4.5 -5.0
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.7 14 56 4.9 -4.7
IVV iShares Core S&P 500 ETF 0.7 3 67 4.9 -4.6
VO Vanguard Mid-Cap ETF 0.7 4 66 6.0 -3.6
SPY SPDR S&P 500 ETF 0.7 9 61 4.8 -4.7
SPYM State Street SPDR Portfolio S&P 500 ETF 0.7 2 68 4.9 -4.6
FDRR Fidelity Dividend ETF for Rising Rates 0.7 15 55 6.8 -2.8
VIG Vanguard Dividend Appreciation ETF 0.7 5 65 5.5 -4.0
STXG Strive 1000 Growth ETF 0.7 18 52 3.9 -5.7
AVUS Avantis U.S. Equity ETF 0.7 15 55 5.7 -3.8
IMCG iShares Morningstar Mid-Cap Growth ETF 0.7 6 64 4.2 -5.3
FBCG Fidelity Blue Chip Growth ETF 0.7 59 11 2.9 -6.6
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.7 10 60 5.2 -4.3
VONG Vanguard Russell 1000 Growth ETF 0.7 7 63 4.4 -5.1
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.7 3 67 5.1 -4.5
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.7 15 55 7.3 -2.2
IWF iShares Russell 1000 Growth ETF 0.7 19 51 4.3 -5.2
JOET Virtus Terranova US Quality Momentum ETF 0.7 29 41 4.9 -4.6
JQUA JPMorgan U.S. Quality Factor ETF 0.7 12 58 5.9 -3.6
LVOL American Century Low Volatility ETF 0.7 29 41 5.1 -4.4
VFMF Vanguard U.S. Multifactor ETF 0.7 18 52 7.7 -1.8
WOMN Impact Shares YWCA Women's Empowerment ETF 0.7 75 -5 5.6 -3.9
KLMT Invesco MSCI Global Climate 500 ETF 0.7 10 60 5.6 -3.9
XVV iShares ESG Screened S&P 500 ETF 0.7 8 62 4.8 -4.7
RECS Columbia Research Enhanced Core ETF 0.7 15 55 5.7 -3.8
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.7 7 63 5.1 -4.4
IJK iShares S&P Mid-Cap 400 Growth ETF 0.6 17 53 5.9 -3.6
FUNL CornerCap Fundametrics Large-Cap ETF 0.6 50 20 7.2 -2.4
MDY SPDR S&P Midcap 400 ETF Trust 0.6 24 46 7.1 -2.4
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.6 25 45 7.8 -1.8
IJH iShares Core S&P Mid-Cap ETF 0.6 5 65 7.3 -2.2
DFAU Dimensional US Core Equity Market ETF 0.6 12 58 5.0 -4.5
TPHD Timothy Plan High Dividend Stock ETF 0.6 52 18 7.2 -2.3
TPHE Timothy Plan High Dividend Stock Enhanced ETF 0.6 54 16 7.3 -2.2
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.6 10 60 4.9 -4.6
IWY iShares Russell Top 200 Growth ETF 0.6 20 50 4.5 -5.1
FEX First Trust Large Cap Core AlphaDEX Fund 0.6 59 11 5.9 -3.7
ACVF American Conservative Values ETF 0.6 75 -5 4.3 -5.2
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.6 10 60 6.0 -3.5
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.6 15 55 6.0 -3.6
ISMD Inspire Small/Mid Cap ETF 0.6 54 16 5.5 -4.0
IJJ iShares S&P Mid-Cap 400 Value ETF 0.6 18 52 8.6 -0.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.6 12 58 5.1 -4.4
GOP Unusual Whales Subversive Republican Trading ETF 0.6 50 20 5.5 -4.1
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.6 3 67 7.3 -2.3
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.6 35 35 5.8 -3.7
RAFE PIMCO RAFI ESG U.S. ETF 0.6 29 41 6.9 -2.6
IVOO Vanguard S&P Mid-Cap 400 ETF 0.6 7 63 7.3 -2.2
SCHV Schwab U.S. Large-Cap Value ETF 0.6 4 66 6.7 -2.8
FTCE First Trust New Constructs Core Earnings Leaders ETF 0.6 60 10 5.3 -4.2
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 0.6 15 55 8.7 -0.9
NZUS State Street SPDR MSCI USA Climate Paris Aligned ETF 0.6 10 60 4.3 -5.2
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.6 10 60 8.8 -0.8
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.6 8 62 5.0 -4.5
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.6 12 58 7.4 -2.2
ILCG iShares Morningstar Growth ETF 0.6 4 66 3.8 -5.7
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.6 9 61 4.8 -4.7
TOK iShares MSCI Kokusai ETF 0.6 26 44 5.0 -4.6
FNX First Trust Mid Cap Core AlphaDEX Fund 0.6 60 10 6.9 -2.6
OUSA ALPS O'Shares U.S. Quality Dividend ETF 0.6 48 22 6.2 -3.4
URTH iShares MSCI World ETF 0.5 24 46 5.0 -4.6
INRO iShares U.S. Industry Rotation Active ETF 0.5 42 28 4.4 -5.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.5 7 63 5.8 -3.8
PRF Invesco FTSE RAFI US 1000 ETF 0.5 39 31 6.7 -2.8
SUSL iShares ESG MSCI USA Leaders ETF 0.5 10 60 4.9 -4.6
DSI iShares MSCI KLD 400 Social ETF 0.5 25 45 4.8 -4.7
ACWI iShares MSCI ACWI ETF 0.5 32 38 5.4 -4.2
SNPE Xtrackers S&P 500 ESG ETF 0.5 10 60 5.0 -4.6
ESIX State Street SPDR S&P SmallCap 600 ESG ETF 0.5 12 58 8.1 -1.4
EQAL Invesco Russell 1000 Equal Weight ETF 0.5 20 50 7.1 -2.4
VT Vanguard Total World Stock ETF 0.5 6 64 5.7 -3.8
IWR iShares Russell Midcap ETF 0.5 19 51 6.2 -3.3
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.4 20 50 6.8 -2.7
RCGE RockCreek Global Equality ETF 0.4 95 -25 6.6 -2.9
LCLG Logan Capital Broad Innovative Growth ETF 0.4 99 -29 4.1 -5.4
IMCB iShares Morningstar Mid-Cap ETF 0.4 4 66 6.3 -3.3
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.4 20 50 5.5 -4.0
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.4 35 35 7.6 -1.9
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.4 15 55 5.6 -3.9
DCOR Dimensional US Core Equity 1 ETF 0.4 14 56 5.4 -4.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 50 5.5 -4.0
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.4 12 58 4.0 -5.6
JHMM John Hancock Multifactor Mid Cap ETF 0.4 42 28 6.3 -3.3
LCDS JPMorgan Fundamental Data Science Large Core ETF 0.4 30 40 4.7 -4.9
RWL Invesco S&P 500 Revenue ETF 0.4 39 31 6.8 -2.8
VBR Vanguard Small Cap Value ETF 0.4 7 63 9.1 -0.4
TPSC Timothy Plan US Small Cap Core ETF 0.4 52 18 7.0 -2.5
VBK Vanguard Small-Cap Growth ETF 0.4 7 63 1.8 -7.7
EVUS iShares ESG Aware MSCI USA Value ETF 0.4 18 52 6.5 -3.0
VB Vanguard Small-Cap ETF 0.4 5 65 6.1 -3.4
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.4 60 10 6.6 -2.9
SCHX Schwab U.S. Large-Cap ETF 0.4 3 67 4.9 -4.6
ESGV Vanguard ESG U.S. Stock ETF 0.4 9 61 4.7 -4.8
SCHK Schwab 1000 Index ETF 0.4 5 65 5.0 -4.6
SCHB Schwab U.S. Broad Market ETF 0.4 3 67 5.0 -4.6
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.4 40 30 4.7 -4.8
AFMC First Trust Active Factor Mid Cap ETF 0.4 65 5 8.3 -1.3
EZM WisdomTree U.S. MidCap Fund 0.4 38 32 8.6 -0.9
FVD First Trust Value Line Dividend Index Fund 0.4 65 5 6.2 -3.3
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.4 60 10 -0.9 -10.5
IWO iShares Russell 2000 Growth ETF 0.4 24 46 0.8 -8.7
AVMC Avantis U.S. Mid Cap Equity ETF 0.4 18 52 6.9 -2.7
IJT iShares S&P Small-Cap 600 Growth ETF 0.4 18 52 5.5 -4.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 17 53 5.5 -4.0
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.4 60 10 7.4 -2.1
XJR iShares ESG Screened S&P Small-Cap ETF 0.4 12 58 7.5 -2.0
VTWG Vanguard Russell 2000 Growth ETF 0.4 10 60 1.0 -8.6
JHSC John Hancock Multifactor Small Cap ETF 0.4 42 28 6.7 -2.8
OEF iShares S&P 100 ETF 0.4 20 50 4.4 -5.1
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 0.4 15 55 5.5 -4.0
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.4 30 40 7.0 -2.6
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.3 10 60 5.6 -4.0
GEW Cambria Global EW ETF 0.3 29 41 0.0 -9.5
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.3 15 55 7.7 -1.9
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.3 24 46 7.5 -2.0
FSMD Fidelity Small-Mid Multifactor ETF 0.3 15 55 6.9 -2.6
IJR iShares Core S&P Small Cap ETF 0.3 6 64 7.6 -1.9
IUSG iShares Core S&P U.S. Growth ETF 0.3 4 66 4.2 -5.3
SFTY Horizon Managed Risk ETF 0.3 77 -7 4.0 -5.5
STOX Horizon Core Equity ETF 0.3 70 0 4.1 -5.5
VOOG Vanguard S&P 500 Growth ETF 0.3 7 63 4.1 -5.4
IVW iShares S&P 500 Growth ETF 0.3 18 52 4.0 -5.5
SPYG State Street SPDR Portfolio S&P 500 Growth ETF 0.3 4 66 4.1 -5.4
AVMV Avantis U.S. Mid Cap Value ETF 0.3 20 50 8.9 -0.6
ISCG iShares Morningstar Small-Cap Growth ETF 0.3 6 64 2.9 -6.6
MGK Vanguard Mega Cap Growth ETF 0.3 7 63 4.3 -5.2
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 0.3 3 67 7.6 -1.9
VIOO Vanguard S&P Small-Cap 600 ETF 0.3 7 63 7.6 -2.0
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 53 6.8 -2.7
SCHG Schwab U.S. Large-Cap Growth ETF 0.3 4 66 3.9 -5.6
DFLV Dimensional US Large Cap Value ETF 0.3 22 48 7.6 -1.9
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.3 9 61 4.0 -5.6
VALQ American Century U.S. Quality Value ETF 0.3 29 41 7.9 -1.6
IJS iShares S&P Small-Cap 600 Value ETF 0.3 18 52 9.7 +0.2
EES WisdomTree U.S. SmallCap Fund 0.3 38 32 8.7 -0.9
SMMD iShares Russell 2500 ETF 0.3 15 55 6.8 -2.7
RWK Invesco S&P MidCap 400 Revenue ETF 0.3 39 31 9.7 +0.2
SHUS Syntax Stratified U.S. Total Market Hedged ETF 0.3 65 5 6.4 -3.1
SSPY Syntax Stratified LargeCap ETF 0.3 30 40 6.7 -2.8
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.3 20 50 10.2 +0.6
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.3 35 35 7.0 -2.5
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.3 10 60 9.7 +0.2
DHS WisdomTree U.S. High Dividend Fund 0.3 38 32 8.1 -1.5
SLYV State Street SPDR S&P 600 Small Cap Value ETF 0.3 15 55 9.8 +0.2
APUE ActivePassive U.S. Equity ETF 0.3 45 25 4.6 -4.9
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.3 39 31 5.7 -3.8
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.3 52 18 5.7 -3.8
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.3 58 12 5.7 -3.8
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.3 29 41 8.2 -1.3
STXM Strive Mid-Cap ETF 0.2 18 52 6.4 -3.1
SCHA Schwab U.S. Small-Cap ETF 0.2 4 66 6.2 -3.3
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 40 5.8 -3.7
DFVX Dimensional US Large Cap Vector ETF 0.2 22 48 6.3 -3.2
HDUS Hartford Disciplined US Equity ETF 0.2 19 51 5.7 -3.8
PTL Inspire 500 ETF 0.2 9 61 5.3 -4.2
COPY Tweedy, Browne Insider + Value ETF 0.2 80 -10 11.7 +2.2
ETHO Etho Climate Leadership U.S. ETF 0.2 47 23 5.5 -4.0
HLGE Hartford Longevity Economy ETF 0.2 44 26 6.3 -3.2
LRGF iShares U.S. Equity Factor ETF 0.2 8 62 5.5 -4.1
BFOR ALPS Barron's 400 ETF 0.2 65 5 5.9 -3.6
RSSL Global X Russell 2000 ETF 0.2 8 62 4.1 -5.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 61 5.6 -4.0
IWM iShares Russell 2000 ETF 0.2 19 51 4.1 -5.4
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 0.2 12 58 7.4 -2.2
VTWO Vanguard Russell 2000 ETF 0.2 7 63 4.2 -5.3
OPTZ Optimize Strategy Index ETF 0.2 50 20 4.7 -4.8
TXS Texas Capital Texas Equity Index ETF 0.2 49 21 6.0 -3.6
HKND Humankind US Stock ETF 0.2 11 59 7.2 -2.3
SCHM Schwab U.S. Mid-Cap ETF 0.2 4 66 7.1 -2.5
PRXG Praxis Impact Large Cap Growth ETF 0.2 36 34 3.7 -5.8
IMCV iShares Morningstar Mid-Cap Value ETF 0.2 6 64 8.2 -1.4
XJH iShares ESG Screened S&P Mid-Cap ETF 0.2 12 58 7.2 -2.3
IUS Invesco RAFI Strategic US ETF 0.2 19 51 6.7 -2.8
ISCB iShares Morningstar Small-Cap ETF 0.2 4 66 6.2 -3.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 52 7.7 -1.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 31 4.2 -5.3
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 45 8.8 -0.8
IWS iShares Russell Mid-Cap Value ETF 0.2 23 47 7.2 -2.4
FNDB Schwab Fundamental US Broad Market Index ETF 0.2 25 45 7.3 -2.2
FNDX Schwab Fundamental US Large Co. Index ETF 0.2 25 45 7.2 -2.3
FTA First Trust Large Cap Value AlphaDEX Fund 0.1 59 11 8.8 -0.7
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 49 3.7 -5.8
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 52 6.7 -2.8
EBI Longview Advantage ETF 0.1 35 35 6.6 -2.9
ESGU iShares ESG Aware MSCI USA ETF 0.1 15 55 4.7 -4.8
DFAS Dimensional U.S. Small Cap ETF 0.1 26 44 6.6 -2.9
DEW WisdomTree Global High Dividend Fund 0.1 58 12 8.2 -1.3
DES WisdomTree U.S. SmallCap Dividend Fund 0.1 38 32 9.3 -0.2
DXUV Dimensional US Vector Equity ETF 0.1 28 42 6.1 -3.4
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 31 9.8 +0.3
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.1 17 53 5.9 -3.7
VFVA Vanguard U.S. Value Factor ETF 0.1 13 57 10.7 +1.1
GLOF iShares Global Equity Factor ETF 0.1 20 50 6.6 -2.9
AVUQ Avantis U.S. Quality ETF 0.1 15 55 4.4 -5.1
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.1 20 50 8.1 -1.4
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -19 5.0 -4.5
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 21 5.6 -3.9
DFUV Dimensional US Marketwide Value ETF 0.1 22 48 7.4 -2.1
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 67 3 9.9 +0.4
FESM Fidelity Enhanced Small Cap ETF 0.1 28 42 6.8 -2.8
ISCV iShares Morningstar Small Cap Value ETF 0.1 6 64 9.2 -0.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 51 6.3 -3.3
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.1 35 35 9.7 +0.2
AFSM First Trust Active Factor Small Cap ETF 0.1 75 -5 7.4 -2.2
PKW Invesco Buyback Achievers ETF 0.0 62 8 8.1 -1.4
IWN iShares Russell 2000 Value ETF 0.0 24 46 7.6 -1.9
VTWV Vanguard Russell 2000 Value ETF 0.0 10 60 7.7 -1.9
STXK Strive Small-Cap ETF 0.0 18 52 6.0 -3.5
AVLV Avantis U.S. Large Cap Value ETF 0.0 15 55 7.8 -1.7
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.0 25 45 5.9 -3.7
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.0 25 45 5.2 -4.3
TEXN iShares Texas Equity ETF 0.0 20 50 6.2 -3.3
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -20 4.2 -5.3

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:		 WHITEWOLF Publicly Listed Private Equity 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 14.6 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 70 bp
Equals: ALTAR Score 9.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.61 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.