WHITEWOLF Publicly Listed Private Equity ETF
ALTAR
Score™		 8.0% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 12.7x P/Sales
ratio		 4.8x
P/BV
ratio		 1.7x Div.
yield		 6.6%


  • 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) $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 35
Wgt avg mkt cap (mns) $16,844
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 8.0 %
BLACKSTONE SECURED LENDING FUND 8.0 %
FS INVESTMENT CORP 7.8 %
KKR & CO LP 6.3 %
HERCULES TECHNOLOGY GROWTH 5.8 %
GOLUB CAPITAL BDC INC 5.5 %
PROSPECT CAPITAL CORP 5.2 %
ARES MANAGEMENT LP 4.9 %
APOLLO GLOBAL MANAGEMENT INC. 4.5 %
BLACKSTONE GROUP LP/THE 4.1 %
Total 60.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 86.2 %










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.
1.5% 23.7% -- -- 30.8%

Market Correlations
versus... Beta R-squared
S&P500 0.80 31%
MSCI EAFE 0.42 12%
MSCI Emg. Mkts. 0.33 5%

Technical Indicators
Recent close $31.29
30d moving avg. $32.09
Annualized volatility 14.9%
Short interest (ETF) 0.0%
Relative strength (RSI) 40

Liquidity measures
Avg. volume (thou.) 8
Turnover 3.3%
Bid/Ask (% of price) 0.00%
ADV underlying (mns) $2,142

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 393 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™: 8.0%


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
(%)
BIZD VanEck BDC Income ETF 40.4 11 59 11.1 +3.1
PEX ProShares Global Listed Private Equity ETF 36.3 81 -11 10.1 +2.1
PSP Invesco Global Listed Private Equity ETF 23.3 106 -36 5.7 -2.4
KBWD Invesco KBW High Dividend Yield Financial ETF 13.7 384 -314 9.8 +1.8
KCE SPDR S&P Capital Markets ETF 12.6 35 35 6.4 -1.6
PFI Invesco Dorsey Wright Financial Momentum ETF 10.9 60 10 4.6 -3.4
FDFF Fidelity Disruptive Finance ETF 9.5 50 20 4.1 -3.9
FXO First Trust Financials AlphaDEX Fund 7.5 62 8 8.1 +0.1
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 7.3 60 10 5.7 -2.3
IYF iShares U.S. Financials ETF 7.1 40 30 6.6 -1.4
IYG iShares US Financial Services ETF 6.9 40 30 6.2 -1.9
VFH Vanguard Financials ETF 5.5 10 60 6.6 -1.4
FNCL Fidelity MSCI Financials Index ETF 5.5 8 62 6.6 -1.5
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 5.4 75 -5 3.5 -4.6
XLF Financial Select Sector SPDR Fund 5.4 8 62 6.0 -2.1
TBG TBG Dividend Focus ETF 4.9 59 11 7.3 -0.7
RSPF Invesco S&P 500 Equal Weight Financials ETF 4.5 40 30 6.9 -1.1
GK AdvisorShares Gerber Kawasaki ETF 4.1 75 -5 2.9 -5.1
USSE Segall Bryant & Hamill Select Equity ETF 4.0 65 5 4.4 -3.7
PDP Invesco Dorsey Wright Momentum ETF 3.4 62 8 3.6 -4.5
MTUM iShares MSCI USA Momentum Factor ETF 3.3 15 55 3.9 -4.1
BGDV Bahl & Gaynor Dividend ETF 3.2 45 25 5.0 -3.1
GDIV Harbor Dividend Growth Leaders ETF 3.2 50 20 5.2 -2.8
IXG iShares Global Financials ETF 3.1 42 28 7.2 -0.8
FCTR First Trust Lunt U.S. Factor Rotation ETF 3.1 65 5 3.0 -5.0
GFGF Guru Favorite Stocks ETF Guru Favorite Stocks Fund 3.0 65 5 4.0 -4.0
SPHB Invesco S&P 500 High Beta ETF 3.0 25 45 5.3 -2.7
GGRW Gabelli Growth Innovators ETF 2.9 90 -20 2.6 -5.5
VFMO Vanguard U.S. Momentum Factor ETF 2.6 13 57 3.4 -4.7
FPX First Trust US Equity Opportunities ETF 2.5 61 9 1.3 -6.8
IPO Renaissance IPO ETF 2.5 60 10 4.9 -3.1
FDVV Fidelity High Dividend ETF 2.4 15 55 7.5 -0.5
MAGA Point Bridge America First ETF 2.3 72 -2 6.5 -1.5
GINN Goldman Sachs Innovate Equity ETF 2.3 52 18 4.4 -3.7
SXQG ETC 6 Meridian Quality Growth ETF 2.1 100 -30 4.6 -3.4
SWP SWP Growth & Income ETF 2.1 99 -29 4.6 -3.4
AMID Argent Mid Cap ETF Argent Mid Cap ETF 2.0 52 18 6.9 -1.2
VYM Vanguard High Dividend Yield Index ETF 2.0 6 64 7.3 -0.7
FTC First Trust Large Cap Growth AlphaDEX Fund 2.0 59 11 2.8 -5.2
BITQ Bitwise Crypto Industry Innovators ETF 1.9 85 -15 -2.8 -10.8
DIVS SmartETFs Dividend Builder ETF 1.9 65 5 4.9 -3.1
FLV American Century Focused Large Cap Value ETF 1.9 42 28 6.7 -1.4
MBCC Monarch Blue Chips Core ETF 1.9 125 -55 3.5 -4.5
SAMT Strategas Macro Thematic Opportunities ETF 1.9 65 5 3.5 -4.5
LGRO Level Four Large Cap Growth Active ETF 1.9 55 15 4.1 -3.9
BLOK Amplify Transformational Data Sharing ETF 1.9 75 -5 0.4 -7.7
DIVL Madison Dividend Value ETF 1.9 65 5 5.4 -2.6
CZAR Themes Natural Monopoly ETF 1.9 35 35 2.8 -5.2
BDIV AAM Brentview Dividend Growth ETF 1.9 49 21 4.3 -3.7
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 1.9 68 2 2.7 -5.3
FBCV Fidelity Blue Chip Value ETF 1.9 59 11 7.5 -0.5
JHDV John Hancock U.S. High Dividend ETF 1.9 34 36 6.3 -1.7
FTCS First Trust Capital Strength ETF 1.9 55 15 5.2 -2.8
CGGR Capital Group Growth ETF 1.8 39 31 3.7 -4.4
YLDE ClearBridge Dividend Strategy ESG ETF 1.8 60 10 5.4 -2.6
SNPV Xtrackers S&P 500 Value ESG ETF 1.8 15 55 5.4 -2.6
DVND Touchstone Dividend Select ETF 1.8 67 3 5.7 -2.3
FTGS First Trust Growth Strength ETF 1.8 60 10 5.6 -2.4
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.7 39 31 5.4 -2.6
RPG Invesco S&P 500 Pure Growth ETF 1.7 35 35 3.6 -4.4
DON WisdomTree U.S. MidCap Dividend Fund 1.7 38 32 8.3 +0.3
JGRO JPMorgan Active Growth ETF 1.7 44 26 3.9 -4.1
DIVZ TrueShares Low Volatility Equity Income ETF 1.7 65 5 6.6 -1.5
SHRY First Trust Bloomberg Shareholder Yield ETF 1.7 60 10 7.9 -0.1
VOT Vanguard Mid-Cap Growth ETF 1.6 7 63 3.7 -4.3
MGV Vanguard Mega Cap Value ETF 1.6 7 63 6.7 -1.3
ULVM VictoryShares US Value Momentum ETF 1.6 20 50 7.2 -0.8
BMVP Invesco Bloomberg MVP Multi-factor ETF 1.5 29 41 6.8 -1.2
BGRO iShares Large Cap Growth Active ETF 1.5 55 15 3.3 -4.7
RFG Invesco S&P Midcap 400 Pure Growth ETF 1.5 35 35 5.8 -2.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.5 64 6 2.4 -5.6
FSST Fidelity Sustainable U.S. Equity ETF 1.5 59 11 4.4 -3.7
DURA VanEck Durable High Dividend ETF 1.5 29 41 8.5 +0.4
USCF Themes US Cash Flow Champions ETF 1.5 29 41 6.6 -1.4
ICAP InfraCap Equity Income Fund ETF 1.4 171 -101 5.2 -2.8
QGRW WisdomTree U.S. Quality Growth Fund 1.3 28 42 4.7 -3.3
DTD WisdomTree U.S. Total Dividend Fund 1.3 28 42 6.2 -1.8
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.3 70 0 2.8 -5.3
JAVA JPMorgan Active Value ETF 1.3 44 26 6.3 -1.7
GLBL Pacer MSCI World Industry Advantage ETF 1.3 65 5 5.0 -3.1
DLN WisdomTree U.S. LargeCap Dividend Fund 1.3 28 42 5.9 -2.1
IWP iShares Russell Mid-Cap Growth ETF 1.3 23 47 3.7 -4.4
SMOT VanEck Morningstar SMID Moat ETF 1.3 49 21 7.1 -1.0
IWX iShares Russell Top 200 Value ETF 1.3 20 50 6.4 -1.6
JMOM JPMorgan U.S. Momentum Factor ETF 1.3 12 58 4.8 -3.2
CGUS Capital Group Core Equity ETF 1.2 33 37 4.6 -3.4
DSTL Distillate US Fundamental Stability & Value ETF 1.2 39 31 8.3 +0.3
XMAG Defiance Large Cap ex-Mag 7 ETF 1.2 35 35 4.6 -3.4
JCTR JPMorgan Carbon Transition U.S. Equity ETF 1.2 15 55 4.3 -3.7
VOOV Vanguard S&P 500 Value ETF 1.2 10 60 6.3 -1.7
IVE iShares S&P 500 Value ETF 1.2 18 52 6.2 -1.8
USXF iShares ESG Advanced MSCI USA ETF 1.2 10 60 4.9 -3.1
SPYV SPDR Portfolio S&P 500 Value ETF 1.2 4 66 6.4 -1.7
ADME Aptus Drawdown Managed Equity ETF 1.2 79 -9 4.3 -3.7
HAPY Harbor Human Capital Factor Unconstrained ETF 1.2 50 20 3.4 -4.7
REVS Columbia Research Enhanced Value ETF 1.2 19 51 7.6 -0.4
DGRW WisdomTree US Quality Dividend Growth Fund 1.2 28 42 5.7 -2.3
XMHQ Invesco S&P MidCap Quality ETF 1.1 25 45 7.1 -0.9
MMTM SPDR S&P 1500 Momentum Tilt ETF 1.1 12 58 4.5 -3.5
CFA VictoryShares US 500 Volatility Wtd ETF 1.1 35 35 6.1 -2.0
IUSV iShares Core S&P US Value ETF 1.1 4 66 6.5 -1.5
SFYX SoFi Next 500 ETF 1.1 0 70 3.6 -4.5
SPXT ProShares S&P 500 Ex-Technology ETF 1.1 9 61 5.6 -2.5
MODL VictoryShares WestEnd U.S. Sector ETF 1.1 42 28 5.0 -3.1
XSMO Invesco S&P SmallCap Momentum ETF 1.1 39 31 5.3 -2.8
QMOM Alpha Architect U.S. Quantitative Momentum ETF 1.1 39 31 3.8 -4.3
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 1.1 40 30 6.0 -2.0
PRAY FIS Christian Stock Fund 1.1 69 1 5.5 -2.6
CVLC Calvert US Large-Cap Core Responsible Index ETF 1.1 15 55 5.1 -3.0
PSCF Invesco S&P SmallCap Financials ETF 1.0 29 41 6.2 -1.8
COPY Tweedy, Browne Insider + Value ETF 1.0 80 -10 12.6 +4.6
INCE Franklin Income Equity Focus ETF 1.0 29 41 5.6 -2.4
GGUS Marketbeta Russell 1000 Growth Equity ETF 1.0 12 58 4.8 -3.2
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 1.0 75 -5 3.7 -4.3
RNMC First Trust Mid Cap US Equity Select ETF 1.0 60 10 7.0 -1.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 1.0 9 61 6.1 -1.9
FSCS First Trust SMID Capital Strength ETF 1.0 60 10 6.4 -1.7
KLMN Invesco MSCI North America Climate ETF 1.0 9 61 5.3 -2.8
SFY SoFi Select 500 ETF 1.0 0 70 4.8 -3.2
HAPS Harbor Human Capital Factor US Small Cap ETF 1.0 60 10 4.4 -3.6
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 1.0 32 38 5.2 -2.8
FNX First Trust Mid Cap Core AlphaDEX Fund 1.0 60 10 8.2 +0.2
STXG Strive 1000 Growth ETF 1.0 18 52 4.2 -3.8
SPMO Invesco S&P 500 Momentum ETF 1.0 13 57 4.2 -3.8
KBE SPDR S&P Bank ETF 1.0 35 35 10.1 +2.1
IWL iShares Russell Top 200 ETF 1.0 15 55 5.1 -3.0
NANC Unusual Whales Subversive Democratic Trading ETF 1.0 75 -5 4.2 -3.8
FEX First Trust Large Cap Core AlphaDEX Fund 0.9 59 11 6.5 -1.5
OPTZ Optimize Strategy Index ETF 0.9 50 20 5.3 -2.7
EUSA iShares MSCI USA Equal Weighted ETF 0.9 9 61 6.0 -2.1
RFFC ALPS Active Equity Opportunity ETF 0.9 48 22 4.5 -3.5
FFND Future Fund Active ETF 0.9 100 -30 4.7 -3.4
VTV Vanguard Value ETF 0.9 4 66 6.9 -1.1
EQWL Invesco S&P 100 Equal Weight ETF 0.9 25 45 6.2 -1.8
ILCV iShares Morningstar Value ETF 0.9 4 66 6.7 -1.4
SCHV Schwab U.S. Large-Cap Value ETF 0.9 4 66 6.8 -1.2
SIZE iShares MSCI USA Size Factor ETF 0.9 15 55 5.8 -2.2
QUAL iShares MSCI USA Quality Factor ETF 0.9 15 55 5.3 -2.7
SPLV Invesco S&P 500 Low Volatility ETF 0.9 25 45 4.8 -3.2
GVUS Marketbeta Russell 1000 Value Equity ETF 0.9 12 58 6.5 -1.5
ALTL Pacer Lunt Large Cap Alternator ETF 0.9 60 10 4.6 -3.4
IWD iShares Russell 1000 Value ETF 0.9 19 51 6.5 -1.6
VONV Vanguard Russell 1000 Value ETF 0.9 8 62 6.6 -1.4
AVSU Avantis Responsible U.S. Equity ETF 0.9 15 55 6.4 -1.6
SPXV ProShares S&P 500 Ex-Health Care ETF 0.9 9 61 4.4 -3.6
DGRO iShares Core Dividend Growth ETF 0.9 8 62 6.6 -1.4
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.9 60 10 4.7 -3.4
ZECP Zacks Earnings Consistent Portfolio ETF 0.9 55 15 4.9 -3.1
GSPY Gotham Enhanced 500 ETF 0.9 50 20 5.5 -2.5
DIVB iShares Core Dividend ETF 0.9 5 65 7.7 -0.4
BKLC BNY Mellon US Large Cap Core Equity ETF 0.9 0 70 5.3 -2.8
STRV Strive 500 ETF 0.8 5 65 5.2 -2.9
ROE Astoria US Quality Kings ETF 0.8 49 21 7.0 -1.0
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.8 11 59 5.2 -2.8
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.8 7 63 5.2 -2.8
LSAF LeaderShares AlphaFactor US Core Equity ETF 0.8 75 -5 7.6 -0.4
STXD Strive 1000 Dividend Growth ETF 0.8 35 35 5.0 -3.0
RVRB Reverb ETF 0.8 30 40 3.7 -4.3
IWB iShares Russell 1000 ETF 0.8 15 55 5.2 -2.8
VONE Vanguard Russell 1000 ETF 0.8 8 62 5.3 -2.8
VXF Vanguard Extended Market ETF 0.8 6 64 4.5 -3.5
PBUS Invesco MSCI USA ETF 0.8 4 66 5.2 -2.8
MGC Vanguard Mega Cap ETF 0.8 7 63 5.1 -2.9
IWV iShares Russell 3000 ETF 0.8 20 50 5.0 -3.0
VTHR Vanguard Russell 3000 ETF 0.8 10 60 5.2 -2.9
ILCB iShares Morningstar U.S. Equity ETF 0.8 3 67 5.2 -2.8
IWO iShares Russell 2000 Growth ETF 0.8 24 46 1.5 -6.6
IYY iShares Dow Jones U.S. ETF 0.8 20 50 5.1 -2.9
ISMD Inspire Small/Mid Cap ETF 0.8 54 16 4.7 -3.3
VOTE TCW Transform 500 ETF 0.8 5 65 5.2 -2.8
VV Vanguard Large-Cap ETF 0.8 4 66 5.2 -2.8
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.8 2 68 5.3 -2.7
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.8 20 50 5.3 -2.7
SPXE ProShares S&P 500 Ex-Energy ETF 0.8 9 61 4.7 -3.3
DIVG Invesco S&P 500 High Dividend Growers ETF 0.8 39 31 5.3 -2.7
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.8 60 10 6.3 -1.7
VTWG Vanguard Russell 2000 Growth ETF 0.8 15 55 1.5 -6.5
OALC OneAscent Large Cap Core ETF 0.8 86 -16 4.6 -3.4
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF 0.8 38 32 7.7 -0.3
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF 0.8 35 35 7.7 -0.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.8 3 67 5.2 -2.8
IWF iShares Russell 1000 Growth ETF 0.8 19 51 4.8 -3.2
VONG Vanguard Russell 1000 Growth ETF 0.8 8 62 4.9 -3.1
ESGV Vanguard ESG U.S. Stock ETF 0.8 9 61 5.0 -3.0
DFUS Dimensional U.S. Equity ETF 0.8 9 61 5.3 -2.7
IVV iShares Core S&P 500 ETF 0.8 3 67 5.3 -2.7
VOO Vanguard S&P 500 ETF 0.8 3 67 5.3 -2.7
SPLG SPDR Portfolio S&P 500 ETF 0.8 2 68 5.3 -2.7
SPY SPDR S&P 500 ETF Trust 0.8 9 61 5.2 -2.8
CATH Global X S&P 500 Catholic Values Custom ETF 0.8 29 41 5.1 -2.9
VTI Vanguard Total Stock Market ETF 0.8 3 67 5.2 -2.9
QVML Invesco S&P 500 QVM Multi-factor ETF 0.7 11 59 5.4 -2.7
VUG Vanguard Growth ETF 0.7 4 66 4.3 -3.7
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.7 3 67 5.5 -2.6
VO Vanguard Mid-Cap ETF 0.7 4 66 5.6 -2.4
CGGO Capital Group Global Growth Equity ETF 0.7 47 23 5.0 -3.0
VIG Vanguard Dividend Appreciation ETF 0.7 6 64 6.0 -2.1
IWY iShares Russell Top 200 Growth ETF 0.7 20 50 4.9 -3.1
ILCG iShares Morningstar Growth ETF 0.7 4 66 4.1 -3.9
XVV iShares ESG Screened S&P 500 ETF 0.7 8 62 5.1 -2.9
PSC Principal U.S. Small-Cap ETF 0.7 38 32 6.9 -1.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.7 9 61 5.6 -2.5
FFLC Fidelity Fundamental Large Cap Core ETF 0.7 38 32 4.9 -3.1
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 0.7 48 22 8.3 +0.3
EPS WisdomTree U.S. LargeCap Fund 0.7 8 62 6.1 -1.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.7 29 41 6.4 -1.6
HAPI Harbor Human Capital Factor US Large Cap ETF 0.7 36 34 5.1 -2.9
IJK iShares S&P Mid-Cap 400 Growth ETF 0.7 17 53 6.0 -2.0
DFSU Dimensional US Sustainability Core 1 ETF 0.7 18 52 5.8 -2.2
FDRR Fidelity Dividend ETF for Rising Rates 0.7 15 55 7.6 -0.5
ESGG FlexShares STOXX Global ESG Select Index Fund 0.7 42 28 5.4 -2.6
TPHD Timothy Plan High Dividend Stock ETF 0.7 52 18 6.9 -1.1
TPHE Timothy Plan High Dividend Stock Enhanced ETF 0.7 54 16 6.9 -1.2
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.7 25 45 5.9 -2.1
KLMT Invesco MSCI Global Climate 500 ETF 0.7 10 60 6.1 -2.0
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.7 20 50 5.0 -3.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.7 12 58 5.1 -2.9
IMCG iShares Morningstar Mid-Cap Growth ETF 0.7 6 64 4.1 -3.9
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.7 10 60 3.3 -4.7
JOET Virtus Terranova US Quality Momentum ETF 0.7 29 41 5.0 -3.0
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.7 15 55 6.0 -2.0
RSP Invesco S&P 500 Equal Weight ETF 0.7 20 50 6.3 -1.7
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.7 15 55 6.0 -2.0
PFM Invesco Dividend Achievers ETF 0.7 53 17 5.3 -2.7
FBCG Fidelity Blue Chip Growth ETF 0.6 59 11 3.4 -4.7
JHML John Hancock Multifactor Large Cap ETF 0.6 29 41 5.6 -2.4
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.6 10 60 4.2 -3.9
GQQQ Astoria US Quality Growth Kings ETF 0.6 35 35 5.6 -2.4
FLDZ RiverNorth Patriot ETF 0.6 75 -5 5.9 -2.1
FQAL Fidelity Quality Factor ETF 0.6 15 55 5.9 -2.1
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.6 25 45 7.8 -0.3
VFMF Vanguard U.S. Multifactor ETF 0.6 18 52 8.5 +0.5
APUE ActivePassive U.S. Equity ETF 0.6 45 25 4.9 -3.1
TOK iShares MSCI Kokusai ETF 0.6 26 44 5.2 -2.9
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.6 15 55 7.3 -0.7
AVUS Avantis U.S. Equity ETF 0.6 15 55 6.3 -1.7
FDMO Fidelity Momentum Factor ETF 0.6 15 55 4.1 -4.0
PRF Invesco FTSE RAFI US 1000 ETF 0.6 39 31 7.0 -1.1
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.6 14 56 5.2 -2.8
KOKU Xtrackers MSCI Kokusai Equity ETF 0.6 9 61 5.5 -2.6
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.6 10 60 5.4 -2.7
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.6 4 66 6.1 -1.9
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.6 8 62 5.3 -2.8
WOMN Impact Shares YWCA Women's Empowerment ETF 0.6 75 -5 5.2 -2.9
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.6 7 63 5.2 -2.8
URTH iShares MSCI World ETF 0.6 24 46 5.5 -2.5
DFAU Dimensional US Core Equity Market ETF 0.6 12 58 5.5 -2.5
STXM Strive Mid-Cap ETF 0.6 18 52 3.6 -4.4
JQUA JPMorgan U.S. Quality Factor ETF 0.6 12 58 6.0 -2.1
LVOL American Century Low Volatility ETF 0.6 29 41 4.4 -3.6
RECS Columbia Research Enhanced Core ETF 0.6 15 55 6.2 -1.9
MDY SPDR S&P Midcap 400 ETF Trust 0.6 24 46 7.2 -0.8
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.6 12 58 8.1 +0.1
IJH iShares Core S&P Mid-Cap ETF 0.6 5 65 7.4 -0.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.5 10 60 5.3 -2.7
VBK Vanguard Small-Cap Growth ETF 0.5 7 63 1.7 -6.3
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.5 3 67 7.4 -0.6
SUSL iShares ESG MSCI USA Leaders ETF 0.5 10 60 5.3 -2.7
IVOO Vanguard S&P Mid-Cap 400 ETF 0.5 10 60 7.3 -0.7
DSI iShares MSCI KLD 400 Social ETF 0.5 25 45 5.2 -2.8
ACVF American Conservative Values ETF 0.5 75 -5 4.5 -3.5
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.5 7 63 6.2 -1.8
FYC First Trust Small Cap Growth AlphaDEX Fund 0.5 71 -1 1.1 -7.0
BFOR ALPS Barron's 400 ETF 0.5 65 5 6.2 -1.8
ACWI iShares MSCI ACWI ETF 0.5 32 38 6.0 -2.1
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.5 9 61 5.0 -3.1
RAFE PIMCO RAFI ESG U.S. ETF 0.5 29 41 7.3 -0.7
INRO iShares U.S. Industry Rotation Active ETF 0.5 42 28 4.1 -3.9
LCLG Logan Capital Broad Innovative Growth ETF 0.5 99 -29 4.6 -3.4
OUSA ALPS O'Shares U.S. Quality Dividend ETF 0.5 48 22 6.0 -2.1
VT Vanguard Total World Stock ETF 0.5 7 63 6.3 -1.7
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.5 15 55 5.8 -2.2
ETHO Etho Climate Leadership U.S. ETF 0.5 47 23 5.5 -2.5
IWM iShares Russell 2000 ETF 0.5 19 51 3.6 -4.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.5 20 50 6.0 -2.0
QUS SPDR MSCI USA StrategicFactors ETF 0.5 15 55 5.8 -2.2
VB Vanguard Small-Cap ETF 0.5 5 65 5.7 -2.3
SCHM Schwab U.S. Mid-Cap ETF 0.5 4 66 6.7 -1.3
VTWO Vanguard Russell 2000 ETF 0.5 10 60 3.8 -4.2
FNK First Trust Mid Cap Value AlphaDEX Fund 0.5 70 0 12.3 +4.3
OSCV Opus Small Cap Value ETF 0.5 79 -9 6.7 -1.3
FUNL CornerCap Fundametrics Large-Cap ETF 0.5 50 20 7.3 -0.7
RSSL Global X Russell 2000 ETF 0.5 8 62 3.6 -4.4
FVD First Trust Value Line Dividend Index Fund 0.4 65 5 6.1 -1.9
SCHX Schwab U.S. Large-Cap ETF 0.4 3 67 5.3 -2.7
SCHK Schwab 1000 Index ETF 0.4 5 65 5.3 -2.7
IMCB iShares Morningstar Mid-Cap ETF 0.4 4 66 6.0 -2.0
SCHB Schwab U.S. Broad Market ETF 0.4 3 67 5.3 -2.7
DCOR Dimensional US Core Equity 1 ETF 0.4 14 56 5.8 -2.2
RWL Invesco S&P 500 Revenue ETF 0.4 39 31 7.0 -1.0
IJJ iShares S&P Mid-Cap 400 Value ETF 0.4 18 52 8.6 +0.6
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.4 20 50 5.5 -2.5
IWR iShares Russell Midcap ETF 0.4 19 51 5.8 -2.3
KRUZ Unusual Whales Subversive Republican Trading ETF 0.4 75 -5 6.0 -2.0
VBR Vanguard Small Cap Value ETF 0.4 7 63 8.5 +0.5
MDYV SPDR S&P 400 Mid Cap Value ETF 0.4 15 55 8.7 +0.6
OEF iShares S&P 100 ETF 0.4 20 50 5.1 -2.9
IUSG iShares Core S&P U.S. Growth ETF 0.4 4 66 4.7 -3.3
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.4 15 55 8.7 +0.7
SNPE Xtrackers S&P 500 ESG ETF 0.4 10 60 5.4 -2.7
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.4 35 35 4.7 -3.3
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 0.4 42 28 5.5 -2.6
STXV Strive 1000 Value ETF 0.4 18 52 7.5 -0.5
EQAL Invesco Russell 1000 Equal Weight ETF 0.4 20 50 6.6 -1.5
VOOG Vanguard S&P 500 Growth ETF 0.4 10 60 4.6 -3.4
IVW iShares S&P 500 Growth ETF 0.4 18 52 4.5 -3.5
SPYG SPDR Portfolio S&P 500 Growth ETF 0.4 4 66 4.7 -3.4
TPSC Timothy Plan US Small Cap Core ETF 0.4 52 18 7.2 -0.8
EZM WisdomTree U.S. MidCap Fund 0.4 38 32 9.3 +1.3
ISCG iShares Morningstar Small-Cap Growth ETF 0.4 6 64 2.7 -5.3
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.4 30 40 7.0 -1.1
VLU SPDR S&P 1500 Value Tilt ETF 0.4 12 58 7.2 -0.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.3 17 53 6.0 -2.0
JHMM John Hancock Multifactor Mid Cap ETF 0.3 42 28 6.5 -1.6
QWLD SPDR MSCI World StrategicFactors ETF 0.3 30 40 5.9 -2.1
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.3 15 55 7.3 -0.7
AFLG First Trust Active Factor Large Cap ETF 0.3 55 15 6.2 -1.8
MGK Vanguard Mega Cap Growth ETF 0.3 7 63 4.5 -3.6
IJT iShares S&P Small-Cap 600 Growth ETF 0.3 18 52 5.1 -2.9
XJR iShares ESG Screened S&P Small-Cap ETF 0.3 12 58 6.6 -1.5
JHSC John Hancock Multifactor Small Cap ETF 0.3 42 28 6.9 -1.2
FSMD Fidelity Small-Mid Multifactor ETF 0.3 15 55 7.0 -1.0
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.3 15 55 5.3 -2.7
SLYG SPDR S&P 600 Small Cap Growth ETF 0.3 15 55 5.1 -2.9
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.3 9 61 4.0 -4.0
EVUS iShares ESG Aware MSCI USA Value ETF 0.3 18 52 6.0 -2.0
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.3 29 41 4.8 -3.2
IJR iShares Core S&P Small Cap ETF 0.3 6 64 7.3 -0.7
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 53 6.9 -1.1
EES WisdomTree U.S. SmallCap Fund 0.3 38 32 9.1 +1.1
DHS WisdomTree U.S. High Dividend Fund 0.3 38 32 7.8 -0.3
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.3 52 18 5.6 -2.4
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.3 58 12 5.6 -2.4
VIOO Vanguard S&P Small-Cap 600 ETF 0.3 10 60 7.2 -0.8
SCHA Schwab U.S. Small-Cap ETF 0.3 4 66 5.3 -2.7
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.3 3 67 7.4 -0.7
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.3 39 31 4.0 -4.0
PTL Inspire 500 ETF 0.3 9 61 5.4 -2.6
FYX First Trust Small Cap Core AlphaDEX Fund 0.3 61 9 5.9 -2.2
IJS iShares S&P Small-Cap 600 Value ETF 0.3 18 52 9.4 +1.4
SHUS Syntax Stratified U.S. Total Market Hedged ETF 0.3 65 5 5.4 -2.7
SSPY Syntax Stratified LargeCap ETF 0.3 30 40 6.6 -1.5
VALQ American Century U.S. Quality Value ETF 0.3 29 41 7.6 -0.4
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.3 29 41 7.4 -0.6
XJH iShares ESG Screened S&P Mid-Cap ETF 0.2 12 58 7.0 -1.0
AFMC First Trust Active Factor Mid Cap ETF 0.2 65 5 8.2 +0.2
SLYV SPDR S&P 600 Small Cap Value ETF 0.2 15 55 9.5 +1.4
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.2 15 55 9.3 +1.2
AFSM First Trust Active Factor Small Cap ETF 0.2 75 -5 7.0 -1.0
ISCB iShares Morningstar Small-Cap ETF 0.2 4 66 5.6 -2.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 61 6.1 -2.0
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 31 10.2 +2.1
LRGF iShares U.S. Equity Factor ETF 0.2 8 62 5.8 -2.2
TAX Cambria Tax Aware ETF 0.2 49 21 5.4 -2.6
ONEO SPDR Russell 1000 Momentum Focus ETF 0.2 20 50 6.8 -1.3
HDUS Hartford Disciplined US Equity ETF 0.2 19 51 5.9 -2.2
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.2 24 46 7.6 -0.4
DFAS Dimensional U.S. Small Cap ETF 0.2 26 44 6.9 -1.1
IUS Invesco RAFI Strategic US ETF 0.2 19 51 7.1 -1.0
FNDX Schwab Fundamental US Large Co. Index ETF 0.2 25 45 7.4 -0.6
FNDB Schwab Fundamental US Broad Market Index ETF 0.2 25 45 7.3 -0.7
FESM Fidelity Enhanced Small Cap ETF 0.2 28 42 3.8 -4.2
HLGE Hartford Longevity Economy ETF 0.2 44 26 5.5 -2.5
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 55 5.1 -2.9
TXS Texas Capital Texas Equity Index ETF 0.2 49 21 5.1 -2.9
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 52 7.2 -0.8
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 45 6.6 -1.5
IMCV iShares Morningstar Mid-Cap Value ETF 0.2 6 64 7.9 -0.1
HKND Humankind US Stock ETF 0.2 11 59 7.5 -0.6
SMMD iShares Russell 2500 ETF 0.2 15 55 6.2 -1.8
DFVX Dimensional US Large Cap Vector ETF 0.1 22 48 6.6 -1.5
DFLV Dimensional US Large Cap Value ETF 0.1 22 48 8.2 +0.2
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 67 3 10.1 +2.1
DEW WisdomTree Global High Dividend Fund 0.1 58 12 7.7 -0.3
HDV iShares Core High Dividend ETF 0.1 8 62 6.7 -1.3
IWN iShares Russell 2000 Value ETF 0.1 24 46 5.8 -2.3
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 52 6.8 -1.2
DES WisdomTree U.S. SmallCap Dividend Fund 0.1 38 32 8.7 +0.6
VTWV Vanguard Russell 2000 Value ETF 0.1 15 55 5.9 -2.1
ISCV iShares Morningstar Small Cap Value ETF 0.1 6 64 8.4 +0.4
IWS iShares Russell Mid-Cap Value ETF 0.1 23 47 6.5 -1.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 49 4.3 -3.8
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.1 17 53 5.7 -2.3
GLOF iShares Global Equity Factor ETF 0.1 20 50 6.8 -1.2
VFVA Vanguard U.S. Value Factor ETF 0.1 13 57 11.7 +3.6
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 31 9.8 +1.8
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.1 35 35 6.9 -1.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 51 6.5 -1.5
DFUV Dimensional US Marketwide Value ETF 0.0 22 48 8.1 +0.1
SCHG Schwab U.S. Large-Cap Growth ETF 0.0 4 66 4.4 -3.6
STXK Strive Small-Cap ETF 0.0 18 52 5.5 -2.6
AVLV Avantis U.S. Large Cap Value ETF 0.0 15 55 8.1 +0.1
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.0 25 45 6.0 -2.0

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 14.7 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 70 bp
Equals: ALTAR Score 8.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.56 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.