WHITEWOLF Publicly Listed Private Equity ETF
ALTAR
Score™		 9.0% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 13.4x P/Sales
ratio		 3.1x
P/BV
ratio		 1.7x Div.
yield		 5.6%


  • 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) $7
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 39
Wgt avg mkt cap (mns) $35,692
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 10.4 %
APOLLO GLOBAL MANAGEMENT INC. 9.1 %
KKR & CO LP 7.6 %
BLACKSTONE SECURED LENDING FUND 7.4 %
ARES MANAGEMENT LP 6.4 %
GOLUB CAPITAL BDC INC 5.5 %
HERCULES TECHNOLOGY GROWTH 5.1 %
BLACKROCK INC 4.9 %
BLUE OWL CAPITAL INC CLASS A 4.6 %
CARLYLE GROUP/THE 4.1 %
Total 65.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 79.4 %
CANADA 7.4 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-10.8% -10.4% -- -- 6.5%

Market Correlations
versus... Beta R-squared
S&P500 1.05 34%
MSCI EAFE 0.63 20%
MSCI Emg. Mkts. 0.41 15%

Technical Indicators
Recent close $24.70
30d moving avg. $24.63
Annualized volatility 17.0%
Short interest (ETF) 2.3%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.4%
Bid/Ask (% of price) 0.22%
ADV underlying (mns) $2,142

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 426 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™: 9.0%


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 24.5 81 -11 11.8 +2.8
BIZD VanEck BDC Income ETF 23.6 11 59 13.8 +4.8
PSP Invesco Global Listed Private Equity ETF 23.6 106 -36 7.0 -2.0
KCE State Street SPDR S&P Capital Markets ETF 13.4 35 35 5.8 -3.2
PFI Invesco Dorsey Wright Financial Momentum ETF 12.7 60 10 4.5 -4.5
FDFF Fidelity Disruptive Finance ETF 11.2 50 20 5.3 -3.7
AKRE Akre Focus ETF 10.1 106 -36 4.4 -4.7
ICAP InfraCap Equity Income Fund ETF 7.8 171 -101 4.5 -4.5
FFF Founders 100 ETF 7.5 75 -5 2.4 -6.6
ACEP ARS Core Equity ETF 7.5 45 25 4.0 -5.0
IYF iShares U.S. Financials ETF 6.5 40 30 5.5 -3.6
FMKT The Free Markets ETF 6.4 76 -6 4.2 -4.8
IYG iShares US Financial Services ETF 6.0 40 30 5.0 -4.0
TBG TBG Dividend Focus ETF 6.0 59 11 6.2 -2.8
LOGO Alpha Brands Consumption Leaders ETF 5.5 69 1 2.6 -6.4
KBWD Invesco KBW High Dividend Yield Financial ETF 5.4 384 -314 17.3 +8.3
XLF Financial Select Sector SPDR 5.1 8 62 5.5 -3.5
FNCL Fidelity MSCI Financials Index ETF 5.1 8 62 5.8 -3.2
RSPF Invesco S&P 500 Equal Weight Financials ETF 5.1 40 30 6.1 -2.9
VFH Vanguard Financials ETF 4.8 9 61 5.9 -3.1
YLDE ClearBridge Dividend Strategy ESG ETF 4.6 60 10 5.1 -3.9
EQRR ProShares Equities for Rising Rates ETF 4.2 35 35 5.6 -3.4
LVDS JPMorgan Fundamental Data Science Large Value ETF 4.1 49 21 4.7 -4.3
SWP SWP Growth & Income ETF 3.8 99 -29 4.3 -4.7
FLCA Franklin FTSE Canada ETF 3.7 9 61 5.5 -3.5
FLV American Century Focused Large Cap Value ETF 3.5 42 28 5.9 -3.1
CZAR Themes Natural Monopoly ETF 3.4 35 35 5.4 -3.6
BBCA JPMorgan BetaBuilders Canada ETF 3.4 19 51 5.4 -3.7
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF 3.3 38 32 6.7 -2.3
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF 3.3 35 35 6.7 -2.3
KAT Scharf ETF 3.3 87 -17 6.2 -2.8
GKAT Scharf Global Opportunity ETF 3.3 57 13 5.8 -3.2
ALTL Pacer Lunt Large Cap Alternator ETF 3.1 60 10 4.4 -4.6
BGIG Bahl & Gaynor Income Growth ETF 3.0 45 25 4.4 -4.6
DHS WisdomTree U.S. High Dividend Fund 2.9 38 32 8.0 -1.0
SCHD Schwab US Dividend Equity ETF 2.8 6 64 8.1 -0.9
SPHB Invesco S&P 500 High Beta ETF 2.8 25 45 3.5 -5.5
DIVS SmartETFs Dividend Builder ETF 2.7 65 5 4.4 -4.6
IXG iShares Global Financials ETF 2.6 42 28 5.9 -3.1
VDIG Vanguard Wellington Dividend Growth Active ETF 2.5 40 30 4.4 -4.6
HDV iShares Core High Dividend ETF 2.2 8 62 29.9 +20.9
TMFG Motley Fool Global Opportunities ETF 2.2 85 -15 3.7 -5.3
BGDV Bahl & Gaynor Dividend ETF 2.2 45 25 3.8 -5.2
DIVN Horizon Dividend Income ETF 2.2 70 0 6.5 -2.5
GINN Goldman Sachs Innovate Equity ETF 2.2 52 18 3.7 -5.4
GGRW Gabelli Growth Innovators ETF 2.2 90 -20 2.0 -7.0
AFOS ARS Focused Opportunities Strategy ETF 2.1 45 25 1.9 -7.1
FTGS First Trust Growth Strength ETF 2.1 60 10 3.6 -5.4
BLOK Amplify Transformational Data Sharing ETF 2.1 75 -5 -0.1 -9.1
COWS Amplify Cash Flow Dividend Leaders ETF 2.0 19 51 7.1 -1.9
DIVL Madison Dividend Value ETF 2.0 65 5 4.8 -4.2
NUMG Nuveen ESG Mid-Cap Growth ETF 1.8 31 39 1.8 -7.2
DURA VanEck Durable High Dividend ETF 1.8 29 41 6.4 -2.6
DVND Touchstone Dividend Select ETF 1.8 67 3 5.2 -3.8
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.8 65 5 4.5 -4.5
JHDV John Hancock U.S. High Dividend ETF 1.7 34 36 5.8 -3.2
SAGP Strategas Global Policy Opportunities ETF 1.7 65 5 4.8 -4.2
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 1.7 9 61 5.1 -3.9
PDP Invesco Dorsey Wright Momentum ETF 1.7 62 8 1.5 -7.5
LGRO Level Four Large Cap Growth Active ETF 1.6 55 15 3.6 -5.4
BDIV AAM Brentview Dividend Growth ETF 1.6 49 21 3.7 -5.4
CGUS Capital Group Core Equity ETF 1.6 33 37 3.5 -5.5
GPT Intelligent Alpha Atlas ETF 1.6 69 1 6.0 -3.0
ABIG Argent Large Cap ETF 1.6 49 21 4.2 -4.8
MGV Vanguard Mega Cap Value ETF 1.5 7 63 5.3 -3.8
USCF Themes US Cash Flow Champions ETF 1.5 29 41 7.5 -1.5
BITQ Bitwise Crypto Industry Innovators ETF 1.4 85 -15 -2.2 -11.2
CFA VictoryShares US 500 Volatility Wtd ETF 1.4 35 35 5.2 -3.8
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 1.4 40 30 5.2 -3.8
VYM Vanguard High Dividend Yield Index ETF 1.4 6 64 6.0 -3.0
GDIV Harbor Dividend Growth Leaders ETF 1.4 50 20 3.9 -5.1
XOEF iShares S&P 500 ex S&P 100 ETF 1.3 20 50 4.5 -4.5
FDVV Fidelity High Dividend ETF 1.3 15 55 6.5 -2.5
MOAT VanEck Morningstar Wide Moat ETF 1.3 46 24 5.4 -3.6
QDIV Global X S&P 500 Quality Dividend ETF 1.3 20 50 7.8 -1.2
QUVU Hartford Quality Value ETF 1.3 46 24 5.3 -3.7
PSCF Invesco S&P SmallCap Financials ETF 1.3 29 41 8.0 -1.0
RSMC Rockefeller U.S. Small-Mid Cap ETF 1.3 75 -5 4.0 -5.0
FFLC Fidelity Fundamental Large Cap Core ETF 1.3 38 32 3.8 -5.2
CGGR Capital Group Growth ETF 1.3 39 31 2.5 -6.5
LRGE ClearBridge Large Cap Growth ESG ETF 1.2 59 11 2.6 -6.4
USEW Cambria US EW ETF 1.2 30 40 4.0 -5.0
IWP iShares Russell Mid-Cap Growth ETF 1.2 23 47 2.9 -6.2
VUSV Vanguard Wellington U.S. Value Active ETF 1.2 30 40 5.6 -3.4
WTV WisdomTree US Value ETF 1.2 12 58 7.6 -1.4
DLN WisdomTree U.S. LargeCap Dividend Fund 1.2 28 42 5.3 -3.7
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.2 42 28 3.9 -5.1
VOT Vanguard Mid-Cap Growth ETF 1.2 7 63 3.0 -6.0
RPG Invesco S&P 500 Pure Growth ETF 1.1 35 35 2.5 -6.5
DTD WisdomTree U.S. Total Dividend Fund 1.1 28 42 5.6 -3.4
STXD Strive 1000 Dividend Growth ETF 1.1 35 35 4.3 -4.7
CGDV Capital Group Dividend Value ETF 1.1 33 37 3.7 -5.3
KBE State Street SPDR S&P Bank ETF 1.1 35 35 8.1 -0.9
SNPV Xtrackers S&P 500 Value ESG ETF 1.1 15 55 5.2 -3.8
EUSA iShares MSCI USA Equal Weighted ETF 1.1 9 61 5.4 -3.6
SPYV State Street SPDR Portfolio S&P 500 Value ETF 1.1 4 66 5.6 -3.4
SIZE iShares MSCI USA Size Factor ETF 1.1 15 55 5.3 -3.7
VOOV Vanguard S&P 500 Value ETF 1.1 7 63 5.6 -3.4
IVE iShares S&P 500 Value ETF 1.1 18 52 5.5 -3.5
MODL VictoryShares WestEnd U.S. Sector ETF 1.1 42 28 4.0 -5.1
IUSV iShares Core S&P US Value ETF 1.0 4 66 5.7 -3.3
MVAL VanEck Morningstar Wide Moat Value ETF 1.0 49 21 6.2 -2.8
VFVA Vanguard U.S. Value Factor ETF 1.0 13 57 9.1 +0.1
EQWL Invesco S&P 100 Equal Weight ETF 1.0 25 45 5.3 -3.7
DGRO iShares Core Dividend Growth ETF 1.0 8 62 5.4 -3.6
SPXT ProShares S&P 500 Ex-Technology ETF 1.0 9 61 4.8 -4.2
GURU Global X Guru Index ETF 1.0 75 -5 2.3 -6.7
ADME Aptus Drawdown Managed Equity ETF 1.0 79 -9 3.3 -5.7
INFL Horizon Kinetics Inflation Beneficiaries ETF 1.0 85 -15 2.9 -6.1
LGCF Themes US Cash Flow Champions ETF 1.0 30 40 7.1 -1.9
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 1.0 12 58 3.7 -5.3
DON WisdomTree U.S. MidCap Dividend Fund 1.0 38 32 8.0 -1.0
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 1.0 29 41 3.9 -5.1
SHRY First Trust Bloomberg Shareholder Yield ETF 1.0 60 10 8.7 -0.3
FFND Future Fund Active ETF 1.0 100 -30 4.2 -4.8
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 1.0 32 38 3.9 -5.1
KLMN Invesco MSCI North America Climate ETF 0.9 9 61 4.2 -4.8
IWX iShares Russell Top 200 Value ETF 0.9 20 50 4.8 -4.2
VTV Vanguard Value ETF 0.9 4 66 5.7 -3.3
TPHE Timothy Plan High Dividend Stock Enhanced ETF 0.9 54 16 5.9 -3.1
GLBL Pacer MSCI World Industry Advantage ETF 0.9 65 5 3.3 -5.7
USXF iShares ESG Advanced MSCI USA ETF 0.9 10 60 3.7 -5.3
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.9 15 55 4.1 -4.9
PEY Invesco High Yield Equity Dividend Achievers ETF 0.9 52 18 8.5 -0.5
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 0.9 56 14 6.7 -2.3
FSST Fidelity Sustainable U.S. Equity ETF 0.9 59 11 3.5 -5.5
QVML Invesco S&P 500 QVM Multi-factor ETF 0.9 11 59 4.2 -4.8
ESGG FlexShares STOXX Global ESG Select Index Fund 0.9 42 28 4.0 -5.0
XSMO Invesco S&P SmallCap Momentum ETF 0.8 39 31 3.5 -5.5
XMAG Defiance Large Cap ex-Mag 7 ETF 0.8 35 35 4.2 -4.8
FLDZ RiverNorth Patriot ETF 0.8 75 -5 5.6 -3.4
CGGO Capital Group Global Growth Equity ETF 0.8 47 23 3.9 -5.1
FDRR Fidelity Dividend ETF for Rising Rates 0.8 15 55 5.7 -3.4
DIVG Invesco S&P 500 High Dividend Growers ETF 0.8 39 31 7.2 -1.8
DIVB iShares Core Dividend ETF 0.8 5 65 6.7 -2.3
SPMO Invesco S&P 500 Momentum ETF 0.8 13 57 2.8 -6.2
ZECP Zacks Earnings Consistent Portfolio ETF 0.8 55 15 4.0 -5.0
STXV Strive 1000 Value ETF 0.8 18 52 6.7 -2.3
PBUS Invesco MSCI USA ETF 0.8 4 66 4.1 -4.9
GRPM Invesco S&P MidCap 400 GARP ETF 0.8 35 35 6.6 -2.4
RFG Invesco S&P Midcap 400 Pure Growth ETF 0.8 35 35 4.5 -4.5
XMHQ Invesco S&P MidCap Quality ETF 0.8 25 45 5.9 -3.1
PRXV Praxis Impact Large Cap Value ETF 0.8 36 34 5.4 -3.6
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.8 12 58 3.4 -5.6
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.8 7 63 4.3 -4.7
FTCE First Trust New Constructs Core Earnings Leaders ETF 0.8 60 10 4.5 -4.6
GVUS Marketbeta Russell 1000 Value Equity ETF 0.8 12 58 5.2 -3.8
OEI Optimized Equity Income ETF 0.8 75 -5 3.6 -5.4
ILCV iShares Morningstar Value ETF 0.8 4 66 5.2 -3.8
RSP Invesco S&P 500 Equal Weight ETF 0.8 20 50 5.7 -3.3
JAVA JPMorgan Active Value ETF 0.8 44 26 5.3 -3.7
IQDF FlexShares International Quality Dividend Index Fund 0.8 47 23 7.4 -1.6
RVRB Reverb ETF 0.7 30 40 3.8 -5.2
DSPY Tema S&P 500 Historical Weight ETF 0.7 18 52 4.3 -4.7
PFM Invesco Dividend Achievers ETF 0.7 53 17 4.6 -4.4
SPXV ProShares S&P 500 Ex-Health Care ETF 0.7 9 61 3.9 -5.1
TOPC iShares S&P 500 3% Capped ETF 0.7 15 55 4.3 -4.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.7 47 23 7.1 -1.9
CATH Global X S&P 500 Catholic Values Custom ETF 0.7 29 41 4.0 -5.0
EPS WisdomTree U.S. LargeCap Fund 0.7 8 62 4.7 -4.4
BKLC BNY Mellon US Large Cap Core Equity ETF 0.7 0 70 4.1 -4.9
TPHD Timothy Plan High Dividend Stock ETF 0.7 52 18 5.9 -3.1
SPXE ProShares S&P 500 Ex-Energy ETF 0.7 9 61 4.0 -5.0
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.7 11 59 4.1 -4.9
VONV Vanguard Russell 1000 Value ETF 0.7 7 63 5.3 -3.7
NUDV Nuveen ESG Dividend ETF 0.7 26 44 6.0 -3.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.7 7 63 4.0 -5.0
IWD iShares Russell 1000 Value ETF 0.7 19 51 5.2 -3.8
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.7 15 55 6.0 -3.0
SUSL iShares ESG MSCI USA Leaders ETF 0.7 10 60 4.1 -4.9
AVSU Avantis Responsible U.S. Equity ETF 0.7 15 55 4.8 -4.2
KLMT Invesco MSCI Global Climate 500 ETF 0.7 10 60 4.9 -4.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.7 2 68 4.1 -4.9
VOTE TCW Transform 500 ETF 0.7 5 65 4.0 -5.0
XVV iShares ESG Screened S&P 500 ETF 0.7 8 62 4.1 -4.9
IWL iShares Russell Top 200 ETF 0.6 15 55 3.8 -5.2
IMCG iShares Morningstar Mid-Cap Growth ETF 0.6 6 64 3.2 -5.8
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.6 8 62 4.3 -4.7
VIG Vanguard Dividend Appreciation ETF 0.6 5 65 4.8 -4.2
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.6 12 58 6.1 -2.9
JQUA JPMorgan U.S. Quality Factor ETF 0.6 12 58 4.8 -4.2
GXLC Global X U.S. 500 ETF 0.6 2 68 4.0 -5.0
CHRI Global X S&P 500 Christian Values ETF 0.6 29 41 3.9 -5.1
KOKU Xtrackers MSCI Kokusai Equity ETF 0.6 9 61 4.4 -4.6
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.6 20 50 3.9 -5.1
GSPY Gotham Enhanced 500 ETF 0.6 50 20 4.3 -4.7
FYT First Trust Small Cap Value AlphaDEX Fund 0.6 73 -3 9.4 +0.4
SFY SoFi Select 500 ETF 0.6 0 70 3.7 -5.3
MAGA Point Bridge America First ETF 0.6 72 -2 5.1 -3.9
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.6 10 60 3.6 -5.4
DFSU Dimensional US Sustainability Core 1 ETF 0.6 18 52 4.6 -4.5
MGC Vanguard Mega Cap ETF 0.6 7 63 3.8 -5.2
FBCV Fidelity Blue Chip Value ETF 0.6 59 11 5.6 -3.4
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.6 14 56 4.1 -4.9
SPY SPDR S&P 500 ETF 0.6 9 61 4.1 -4.9
SPYM State Street SPDR Portfolio S&P 500 ETF 0.6 2 68 4.2 -4.8
VONE Vanguard Russell 1000 ETF 0.6 7 63 4.2 -4.8
VOO Vanguard S&P 500 ETF 0.6 3 67 4.2 -4.9
WOMN Impact Shares YWCA Women's Empowerment ETF 0.6 75 -5 4.8 -4.2
GEW Cambria Global EW ETF 0.6 29 41 5.3 -3.7
VV Vanguard Large-Cap ETF 0.6 4 66 4.0 -5.0
IMCB iShares Morningstar Mid-Cap ETF 0.6 4 66 5.0 -4.0
IWB iShares Russell 1000 ETF 0.6 15 55 4.1 -4.9
IVV iShares Core S&P 500 ETF 0.6 3 67 4.2 -4.8
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.6 19 51 4.8 -4.3
IYY iShares Dow Jones U.S. ETF 0.6 20 50 4.0 -5.0
VTHR Vanguard Russell 3000 ETF 0.6 7 63 4.1 -4.9
OALC OneAscent Large Cap Core ETF 0.6 86 -16 3.3 -5.7
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.6 3 67 4.3 -4.7
TOV JLens 500 Jewish Advocacy U.S. ETF 0.6 18 52 3.9 -5.1
ILCB iShares Morningstar U.S. Equity ETF 0.6 3 67 4.0 -5.0
IWV iShares Russell 3000 ETF 0.6 20 50 3.9 -5.1
VTI Vanguard Total Stock Market ETF 0.6 3 67 4.1 -4.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.6 3 67 4.1 -4.9
VONG Vanguard Russell 1000 Growth ETF 0.6 7 63 3.6 -5.4
DFUS Dimensional U.S. Equity ETF 0.6 9 61 4.0 -5.0
ISCG iShares Morningstar Small-Cap Growth ETF 0.6 6 64 2.7 -6.4
RAUS RACWI US ETF 0.6 15 55 4.1 -4.9
CGDG Capital Group Dividend Growers ETF 0.6 47 23 5.1 -3.9
SMOT VanEck Morningstar SMID Moat ETF 0.5 49 21 6.3 -2.7
PY Principal Value ETF 0.5 15 55 7.0 -2.0
WWJD Inspire International ETF 0.5 80 -10 6.4 -2.7
OUSA ALPS O'Shares U.S. Quality Dividend ETF 0.5 48 22 5.5 -3.5
VO Vanguard Mid-Cap ETF 0.5 4 66 20.6 +11.6
IWF iShares Russell 1000 Growth ETF 0.5 19 51 14.4 +5.4
AIEQ AI Powered Equity ETF 0.5 75 -5 3.6 -5.4
IMCV iShares Morningstar Mid-Cap Value ETF 0.5 6 64 6.8 -2.2
EQAL Invesco Russell 1000 Equal Weight ETF 0.5 20 50 6.0 -3.0
SHE State Street SPDR MSCI USA Gender Diversity ETF 0.5 20 50 4.2 -4.8
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.5 10 60 4.2 -4.8
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.5 25 45 4.8 -4.2
PRF Invesco FTSE RAFI US 1000 ETF 0.5 34 36 5.5 -3.5
QGRW WisdomTree U.S. Quality Growth Fund 0.5 28 42 2.8 -6.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.5 12 58 4.4 -4.6
APUE ActivePassive U.S. Equity ETF 0.5 45 25 3.8 -5.2
FUNL CornerCap Fundametrics Large-Cap ETF 0.5 50 20 6.3 -2.7
NANC Unusual Whales Subversive Democratic Trading ETF 0.5 75 -5 2.8 -6.2
FTC First Trust Large Cap Growth AlphaDEX Fund 0.5 59 11 1.7 -7.3
EZM WisdomTree U.S. MidCap Fund 0.5 38 32 7.8 -1.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.5 20 50 4.2 -4.8
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 0.5 15 55 7.8 -1.2
JHML John Hancock Multifactor Large Cap ETF 0.5 29 41 4.4 -4.6
SNPE Xtrackers S&P 500 ESG ETF 0.5 10 60 4.3 -4.7
DFAU Dimensional US Core Equity Market ETF 0.5 12 58 4.2 -4.8
IJJ iShares S&P Mid-Cap 400 Value ETF 0.5 18 52 7.7 -1.3
IWY iShares Russell Top 200 Growth ETF 0.5 20 50 3.6 -5.4
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.5 10 60 7.8 -1.2
FXO First Trust Financials AlphaDEX Fund 0.5 62 8 7.8 -1.3
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.5 10 60 4.2 -4.9
OSCV Opus Small Cap Value ETF 0.5 79 -9 5.8 -3.2
BKIE BNY Mellon International Equity ETF 0.5 4 66 5.9 -3.1
GOP Unusual Whales Subversive Republican Trading ETF 0.5 50 20 4.1 -4.9
STXG Strive 1000 Growth ETF 0.5 18 52 3.2 -5.8
EQL Alps Equal Sector Weight ETF 0.5 25 45 5.1 -3.9
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.5 15 55 5.0 -4.0
TOK iShares MSCI Kokusai ETF 0.4 26 44 4.2 -4.8
QUAL iShares MSCI USA Quality Factor ETF 0.4 15 55 4.4 -4.7
MDY SPDR S&P Midcap 400 ETF Trust 0.4 23 47 5.8 -3.2
DCOR Dimensional US Core Equity 1 ETF 0.4 14 56 4.5 -4.5
AVUS Avantis U.S. Equity ETF 0.4 15 55 4.6 -4.4
VALQ American Century U.S. Quality Value ETF 0.4 29 41 7.0 -2.0
URTH iShares MSCI World ETF 0.4 24 46 4.3 -4.7
SCHV Schwab U.S. Large-Cap Value ETF 0.4 4 66 5.5 -3.5
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.4 3 67 6.0 -3.0
DSI iShares MSCI KLD 400 Social ETF 0.4 25 45 4.1 -4.9
IVOO Vanguard S&P Mid-Cap 400 ETF 0.4 7 63 6.0 -3.0
VUG Vanguard Growth ETF 0.4 4 66 20.4 +11.4
RWL Invesco S&P 500 Revenue ETF 0.4 39 31 5.6 -3.4
IJH iShares Core S&P Mid-Cap ETF 0.4 5 65 6.0 -3.0
RDVY First Trust Rising Dividend Achievers ETF 0.4 50 20 4.8 -4.2
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.4 60 10 5.9 -3.2
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.4 10 60 3.4 -5.6
DGRW WisdomTree US Quality Dividend Growth Fund 0.4 28 42 4.9 -4.1
SSPY Syntax Stratified LargeCap ETF 0.4 30 40 5.9 -3.1
VBR Vanguard Small Cap Value ETF 0.4 7 63 7.7 -1.3
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 0.4 15 55 3.5 -5.5
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.4 9 61 4.1 -4.9
ACVF American Conservative Values ETF 0.4 75 -5 3.6 -5.4
SNPG Xtrackers S&P 500 Growth ESG ETF 0.4 15 55 3.8 -5.2
IJT iShares S&P Small-Cap 600 Growth ETF 0.4 18 52 3.4 -5.6
FVD First Trust Value Line Dividend Index Fund 0.4 65 5 5.6 -3.4
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.4 60 10 -0.9 -9.9
VXF Vanguard Extended Market ETF 0.4 5 65 3.6 -5.4
ACWI iShares MSCI ACWI ETF 0.4 32 38 4.6 -4.4
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.4 25 45 5.4 -3.7
ILCG iShares Morningstar Growth ETF 0.4 4 66 3.0 -6.0
IWR iShares Russell Midcap ETF 0.4 19 51 5.2 -3.8
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.4 58 12 5.1 -3.9
VT Vanguard Total World Stock ETF 0.4 6 64 4.9 -4.1
VB Vanguard Small-Cap ETF 0.4 5 65 5.1 -3.9
HAPI Harbor Human Capital Factor US Large Cap ETF 0.4 36 34 4.1 -4.9
EVUS iShares ESG Aware MSCI USA Value ETF 0.3 18 52 5.5 -3.5
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.3 15 55 4.1 -4.9
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.3 10 60 4.1 -4.9
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.3 15 55 5.9 -3.1
IJK iShares S&P Mid-Cap 400 Growth ETF 0.3 17 53 4.0 -5.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.3 41 29 5.8 -3.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.3 18 52 6.3 -2.8
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.3 64 6 1.2 -7.8
ESGU iShares ESG Aware MSCI USA ETF 0.3 15 55 4.1 -4.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.3 17 53 4.6 -4.4
DAK Dakota Active Equity ETF 0.3 43 27 3.7 -5.3
FMDE Fidelity Enhanced Mid Cap ETF 0.3 23 47 5.3 -3.7
RAFE PIMCO RAFI ESG U.S. ETF 0.3 29 41 6.0 -3.0
ESGV Vanguard ESG U.S. Stock ETF 0.3 9 61 4.1 -4.9
SMMD iShares Russell 2500 ETF 0.3 15 55 5.3 -3.7
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.3 25 45 4.1 -4.9
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.3 52 18 4.8 -4.2
VBK Vanguard Small-Cap Growth ETF 0.3 7 63 1.2 -7.8
OEF iShares S&P 100 ETF 0.3 20 50 3.8 -5.2
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.3 7 63 5.2 -3.9
SCHK Schwab 1000 Index ETF 0.3 5 65 4.2 -4.8
FYX First Trust Small Cap Core AlphaDEX Fund 0.3 61 9 5.1 -4.0
SCHX Schwab U.S. Large-Cap ETF 0.3 3 67 4.2 -4.8
SCHB Schwab U.S. Broad Market ETF 0.3 3 67 4.2 -4.9
ISCB iShares Morningstar Small-Cap ETF 0.3 4 66 5.2 -3.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 50 4.7 -4.4
RWK Invesco S&P MidCap 400 Revenue ETF 0.3 39 31 7.6 -1.4
FELV Fidelity Enhanced Large Cap Value ETF 0.3 18 52 5.4 -3.6
JHSC John Hancock Multifactor Small Cap ETF 0.3 42 28 5.8 -3.2
LCLG Logan Capital Broad Innovative Growth ETF 0.3 99 -29 2.7 -6.3
ISMD Inspire Small/Mid Cap ETF 0.3 54 16 4.7 -4.3
BLES Inspire Global Hope ETF 0.3 61 9 5.7 -3.3
ENHU iShares Enhanced Large Cap Core Active ETF 0.3 22 48 4.1 -5.0
SCHA Schwab U.S. Small-Cap ETF 0.3 4 66 4.2 -4.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.3 39 31 3.4 -5.6
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.3 24 46 5.8 -3.2
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.2 70 0 2.0 -7.0
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.2 35 35 6.2 -2.8
TXS Texas Capital Texas Equity Index ETF 0.2 49 21 5.0 -4.1
INRO iShares U.S. Industry Rotation Active ETF 0.2 42 28 3.5 -5.5
DFSI Dimensional International Sustainability Core 1 ETF 0.2 24 46 5.6 -3.4
IWO iShares Russell 2000 Growth ETF 0.2 24 46 0.5 -8.5
SCHG Schwab U.S. Large-Cap Growth ETF 0.2 4 66 3.3 -5.7
SFTY Horizon Managed Risk ETF 0.2 77 -7 3.4 -5.6
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 61 4.3 -4.7
XJR iShares ESG Screened S&P Small-Cap ETF 0.2 12 58 5.9 -3.1
ALRG Allspring LT Large Core ETF 0.2 28 42 3.5 -5.5
LCDS JPMorgan Fundamental Data Science Large Core ETF 0.2 30 40 4.0 -5.0
DFAI Dimensional International Core Equity Market ETF 0.2 18 52 6.0 -3.0
SCHM Schwab U.S. Mid-Cap ETF 0.2 4 66 5.7 -3.3
AQLT iShares MSCI Global Quality Factor ETF 0.2 18 52 0.0 -9.0
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.2 25 45 6.1 -2.9
STOX Horizon Core Equity ETF 0.2 70 0 3.5 -5.5
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 45 5.9 -3.1
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.2 9 61 3.5 -5.5
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 66 5.5 -3.5
TPSC Timothy Plan US Small Cap Core ETF 0.2 52 18 6.4 -2.6
STXM Strive Mid-Cap ETF 0.2 18 52 5.9 -3.1
AVMC Avantis U.S. Mid Cap Equity ETF 0.2 18 52 5.9 -3.1
DFLV Dimensional US Large Cap Value ETF 0.2 22 48 6.0 -3.0
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 0.2 3 67 6.1 -2.9
VIOO Vanguard S&P Small-Cap 600 ETF 0.2 7 63 5.9 -3.1
VTWG Vanguard Russell 2000 Growth ETF 0.2 10 60 0.6 -8.4
VOOG Vanguard S&P 500 Growth ETF 0.2 7 63 18.3 +9.3
IUSG iShares Core S&P U.S. Growth ETF 0.2 4 66 3.1 -5.9
SPYG State Street SPDR Portfolio S&P 500 Growth ETF 0.2 4 66 3.0 -6.0
JHMM John Hancock Multifactor Mid Cap ETF 0.2 42 28 5.4 -3.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.2 39 31 7.0 -2.0
IJR iShares Core S&P Small Cap ETF 0.2 6 64 6.0 -3.0
IUS Invesco RAFI Strategic US ETF 0.2 19 51 5.4 -3.6
IVW iShares S&P 500 Growth ETF 0.2 18 52 2.9 -6.1
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.2 20 50 8.5 -0.5
OPTZ Optimize Strategy Index ETF 0.2 50 20 3.2 -5.8
QINT American Century Quality Diversified International ETF 0.2 39 31 6.6 -2.5
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.2 20 50 5.6 -3.4
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 31 2.1 -6.9
WSML iShares MSCI World Small-Cap ETF 0.2 15 55 5.3 -3.7
DXUV Dimensional US Vector Equity ETF 0.2 28 42 5.1 -3.9
PTL Inspire 500 ETF 0.2 9 61 4.4 -4.6
DEUS Xtrackers Russell US Multifactor ETF 0.2 17 53 6.3 -2.7
AVUQ Avantis U.S. Quality ETF 0.2 15 55 3.6 -5.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 61 4.8 -4.2
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.2 20 50 5.9 -3.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 50 3.8 -5.2
DFVX Dimensional US Large Cap Vector ETF 0.2 22 48 5.2 -3.8
RSSL Global X Russell 2000 ETF 0.2 8 62 2.6 -6.4
IWM iShares Russell 2000 ETF 0.1 19 51 2.5 -6.5
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.1 35 35 6.6 -2.4
PRXG Praxis Impact Large Cap Growth ETF 0.1 36 34 3.1 -5.9
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 45 6.1 -2.9
VTWO Vanguard Russell 2000 ETF 0.1 7 63 2.6 -6.4
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 45 6.1 -2.9
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.1 35 35 4.7 -4.3
DEW WisdomTree Global High Dividend Fund 0.1 58 12 7.1 -1.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 41 5.5 -3.5
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 67 3 8.5 -0.5
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 40 5.1 -3.9
SGLC SGI U.S. Large Cap Core ETF 0.1 85 -15 3.6 -5.4
AVSD Avantis Responsible International Equity ETF 0.1 23 47 5.9 -3.2
IWS iShares Russell Mid-Cap Value ETF 0.1 23 47 5.9 -3.1
LRGF iShares U.S. Equity Factor ETF 0.1 8 62 4.5 -4.5
AVMV Avantis U.S. Mid Cap Value ETF 0.1 20 50 7.2 -1.8
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.1 17 53 4.8 -4.2
FESM Fidelity Enhanced Small Cap ETF 0.1 28 42 2.1 -6.9
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 31 7.1 -1.9
SUSA iShares MSCI USA ESG Select ETF 0.1 25 45 3.9 -5.1
XJH iShares ESG Screened S&P Mid-Cap ETF 0.1 12 58 5.8 -3.2
TEXN iShares Texas Equity ETF 0.1 20 50 5.1 -3.9
FEX First Trust Large Cap Core AlphaDEX Fund 0.1 59 11 4.9 -4.1
DFUV Dimensional US Marketwide Value ETF 0.1 22 48 6.0 -3.1
DFIC Dimensional International Core Equity 2 ETF 0.1 23 47 6.2 -2.8
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 21 4.8 -4.2
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 49 2.9 -6.2
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.1 40 30 3.5 -5.5
GLOF iShares Global Equity Factor ETF 0.1 20 50 5.5 -3.5
DFAS Dimensional U.S. Small Cap ETF 0.1 26 44 5.4 -3.6
EBI Longview Advantage ETF 0.1 35 35 5.8 -3.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.1 30 40 6.4 -2.7
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 0.1 35 35 8.7 -0.3
EES WisdomTree U.S. SmallCap Fund 0.1 38 32 7.5 -1.5
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.1 35 35 5.7 -3.3
BFOR ALPS Barron's 400 ETF 0.1 65 5 21.0 +12.0
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 0.1 12 58 3.3 -5.7
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.1 20 50 7.2 -1.8
DES WisdomTree U.S. SmallCap Dividend Fund 0.1 38 32 7.8 -1.2
IWN iShares Russell 2000 Value ETF 0.0 24 46 4.6 -4.4
VTWV Vanguard Russell 2000 Value ETF 0.0 10 60 4.7 -4.3
AVDE Avantis International Equity ETF 0.0 23 47 6.2 -2.8
PKW Invesco Buyback Achievers ETF 0.0 62 8 7.1 -1.9
ISCV iShares Morningstar Small Cap Value ETF 0.0 6 64 7.5 -1.5
BKSE BNY Mellon US Small Cap Core Equity ETF 0.0 4 66 5.0 -4.0
SMLF iShares U.S. SmallCap Equity Factor ETF 0.0 15 55 4.8 -4.2
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.0 24 46 6.9 -2.1
AVSC Avantis U.S Small Cap Equity ETF 0.0 25 45 4.4 -4.6
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -20 3.1 -6.0

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

  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 15.7 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 70 bp
Equals: ALTAR Score 9.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.53 CATEGORY
AVERAGE		 1.57
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.