Themes Lithium & Battery Metal Miners ETF
ALTAR
Score™		 2.6% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 -99.0x P/Sales
ratio		 3.8x
P/BV
ratio		 2.9x Div.
yield		 1.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Themes Lithium & Battery Metal Miners ETF seeks to provide investors with exposure to companies involved in the mining and production of lithium and other battery metals to benefit from the growing demand in the electric vehicle and renewable energy sectors.

FUND BASICS
Category International Equities
Fund Sponsor Themes
Website themesetfs.com/etfs/LIMI/
Inception date Sep 23, 2024
Assets (mns) $3
Currency USD
Expense ratio 35 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 32
Wgt avg mkt cap (mns) $9,341
Large cap (>$10bn) 2.2%
Mid cap ($2-10bn) 68.7%
Small cap (<$2bn) 28.5%
Developed mkts 60.6%
Emerging mkts 39.4%

TOP TEN HOLDINGS
PILBARA MINERALS LIMITED 10.3 %
ALBEMARLE CORP 10.0 %
GUANGZHOU TINCI MATERIALS TECHNOLO 5.7 %
INDEPENDENCE GROUP NL 5.3 %
ZHEJIANG HUAYOU COBALT CO. LTD. CL 4.7 %
TIANQI LITHIUM INDUSTRIES, INC. CL 4.3 %
ELEVRA LITHIUM LTD 4.0 %
JIANGXI GANFENG LITHIUM CO., LTD. 3.7 %
LIONTOWN RESOURCES LIMITED 3.5 %
GEM CO., LTD. CLASS A 3.3 %
Total 54.8 %

TOP COUNTRY EXPOSURE
CHINA 34.5 %
AUSTRALIA 31.7 %
UNITED STATES 10.2 %
CANADA 7.8 %
FRANCE 2.5 %
CHILE 1.3 %
NETHERLANDS 1.2 %




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.
14.6% 122.5% -- -- 71.6%

Market Correlations
versus... Beta R-squared
S&P500 0.90 16%
MSCI EAFE 1.19 20%
MSCI Emg. Mkts. 1.32 30%

Technical Indicators
Recent close $53.48
30d moving avg. $50.98
Annualized volatility 34.8%
Short interest (ETF) 4.3%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 2
Turnover 3.3%
Bid/Ask (% of price) 1.30%
ADV underlying (mns) $1,039

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 255 potential alternatives to the Themes Lithium & Battery Metal Miners ETF ETF based on the alternatives' overlap in portfolio holdings with LIMI. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: LIMI Expense: 35 bp ALTAR Score™: 2.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH LIMI
Ticker Fund
Name		 Overlap1
vs LIMI
(%)		 Expense
ratio
(bp)		 Savings
vs LIMI
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs LIMI
(%)
ION ProShares S&P Global Core Battery Metals ETF 29.1 58 -23 4.7 +2.1
LIT Global X Lithium & Battery Tech ETF 28.5 75 -40 5.1 +2.5
ILIT iShares Lithium Miners and Producers ETF 25.9 47 -12 3.2 +0.6
REMX VanEck Rare Earth/Strategic Metals ETF 21.8 54 -19 2.3 -0.3
WBAT WisdomTree Battery Value Chain and Innovation Fund 17.3 45 -10 -0.9 -3.6
DMAT Global X Disruptive Materials ETF 16.2 59 -24 4.4 +1.8
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 14.9 72 -37 2.1 -0.5
SETM Sprott Energy Transition Materials ETF 14.4 65 -30 1.3 -1.3
BATT Amplify Lithium & Battery Technology ETF 11.9 59 -24 1.8 -0.9
IDRV iShares Self-driving EV & Tech ETF 10.4 47 -12 1.2 -1.4
DRIV Global X Autonomous & Electric Vehicles ETF 6.7 68 -33 3.5 +0.9
NIKL Sprott Nickel Miners ETF 6.4 75 -40 5.7 +3.0
ACES ALPS Clean Energy ETF 6.3 55 -20 -2.8 -5.4
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 5.8 58 -23 -2.0 -4.7
EV Mast Global Battery Recycling & Production ETF 5.8 65 -30 6.2 +3.6
GMET VanEck Green Metals ETF 5.3 63 -28 0.3 -2.4
RSPM Invesco S&P 500 Equal Weight Materials ETF 4.6 40 -5 5.3 +2.6
PBW Invesco WilderHill Clean Energy ETF 4.5 66 -31 -3.2 -5.8
CVAR Cultivar ETF 3.2 87 -52 6.5 +3.9
FMTM MarketDesk Focused U.S. Momentum ETF 3.0 45 -10 4.9 +2.2
GRNJ Fundstrat Granny Shts US Sm- &Mid-CapETF 2.5 75 -40 2.0 -0.6
XLB The Materials Select Sector SPDR Fund 2.4 8 27 5.1 +2.5
ZSB USCF Sustainable Battery Metals Strategy Fund 2.3 61 -26 6.3 +3.7
NOBL ProShares S&P 500 Dividend Aristocrats ETF 2.2 35 0 5.0 +2.4
SMOT VanEck Morningstar SMID Moat ETF 2.2 49 -14 6.3 +3.7
IYM iShares U.S. Basic Materials ETF 2.2 40 -5 4.2 +1.6
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 2.1 65 -30 4.1 +1.4
ARGT Global X MSCI Argentina ETF 2.0 59 -24 3.3 +0.6
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 2.0 60 -25 3.7 +1.1
SLX VanEck Steel ETF 1.9 56 -21 10.5 +7.9
FXZ First Trust Materials AlphaDEX Fund 1.9 61 -26 6.8 +4.1
CARZ First Trust NASDAQ Global Auto Index Fund 1.8 70 -35 2.9 +0.3
QMOM Alpha Architect U.S. Quantitative Momentum ETF 1.8 39 -4 1.1 -1.5
PICK iShares MSCI Global Metals & Mining Producers ETF 1.6 39 -4 7.5 +4.9
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.4 39 -4 1.1 -1.6
SPHB Invesco S&P 500 High Beta ETF 1.3 25 10 4.1 +1.4
SAMM Strategas Macro Momentum ETF 1.3 66 -31 3.6 +0.9
FTAG First Trust Indxx Global Agriculture ETF 1.3 70 -35 6.7 +4.1
ILF iShares Latin America 40 ETF 1.3 48 -13 8.8 +6.1
VAW Vanguard Materials ETF 1.3 9 26 4.6 +2.0
FLAU Franklin FTSE Australia ETF 1.2 9 26 5.5 +2.9
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 1.2 65 -30 6.2 +3.5
FMAT Fidelity MSCI Materials Index ETF 1.2 8 27 4.6 +2.0
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 1.1 60 -25 4.7 +2.1
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 1.1 15 20 6.0 +3.4
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 1.1 60 -25 4.7 +2.1
MXI iShares Global Materials ETF 1.0 41 -6 5.4 +2.8
XT iShares Exponential Technologies ETF 0.9 46 -11 4.1 +1.5
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.9 32 3 12.9 +10.2
COPA Themes Copper Miners ETF 0.8 35 0 2.7 +0.1
CCNR ALPS CoreCommodity Natural Resources ETF 0.8 39 -4 7.9 +5.2
MCH Matthews China Active ETF 0.8 79 -44 14.1 +11.4
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.7 15 20 5.1 +2.5
PBD Invesco Global Clean Energy ETF 0.7 75 -40 0.3 -2.4
SCZ iShares MSCI EAFE Small-Cap ETF 0.7 40 -5 5.9 +3.2
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.6 20 15 5.6 +3.0
AVDS Avantis International Small Cap Equity ETF 0.6 30 5 5.7 +3.0
JAVA JPMorgan Active Value ETF 0.5 44 -9 5.4 +2.8
STXM Strive Mid-Cap ETF 0.5 18 17 5.3 +2.7
BIBL Inspire 100 ETF 0.5 35 0 4.4 +1.7
EWN iShares MSCI Netherlands ETF 0.5 50 -15 4.6 +2.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.5 4 31 5.5 +2.9
OBOR KraneShares MSCI One Belt One Road Index ETF 0.5 79 -44 6.4 +3.8
WSML iShares MSCI World Small-Cap ETF 0.4 15 20 5.3 +2.7
TCHI iShares MSCI China Multisector Tech ETF 0.4 59 -24 13.6 +11.0
GWX SPDR S&P International Small Cap ETF 0.4 40 -5 5.5 +2.9
SDY State Street SPDR S&P Dividend ETF 0.4 35 0 5.7 +3.1
DON WisdomTree U.S. MidCap Dividend Fund 0.4 38 -3 7.9 +5.3
SCHM Schwab U.S. Mid-Cap ETF 0.4 4 31 5.9 +3.3
BLES Inspire Global Hope ETF 0.4 61 -26 5.7 +3.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.4 7 28 5.4 +2.8
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.4 80 -45 8.4 +5.7
ISCV iShares Morningstar Small Cap Value ETF 0.4 6 29 7.8 +5.2
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.3 17 18 5.1 +2.4
CGGR Capital Group Growth ETF 0.3 39 -4 2.5 -0.1
ISCB iShares Morningstar Small-Cap ETF 0.3 4 31 5.5 +2.8
VBK Vanguard Small-Cap Growth ETF 0.3 7 28 1.3 -1.4
ISCG iShares Morningstar Small-Cap Growth ETF 0.3 6 29 2.8 +0.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 -4 6.4 +3.8
EQAL Invesco Russell 1000 Equal Weight ETF 0.3 20 15 6.0 +3.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.3 49 -14 5.7 +3.0
AVMC Avantis U.S. Mid Cap Equity ETF 0.3 18 17 5.9 +3.3
AVES Avantis Emerging Markets Value ETF 0.3 36 -1 8.5 +5.9
VB Vanguard Small-Cap ETF 0.3 5 30 5.3 +2.6
FLCH Franklin FTSE China ETF 0.3 19 16 16.0 +13.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.3 32 3 7.5 +4.8
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.3 24 11 7.1 +4.5
SMMD iShares Russell 2500 ETF 0.2 15 20 5.7 +3.1
IPAC iShares Core MSCI Pacific ETF 0.2 9 26 5.3 +2.7
SFYX SoFi Next 500 ETF 0.2 0 35 5.0 +2.4
DFIS Dimensional International Small Cap ETF 0.2 39 -4 5.8 +3.2
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 15 5.8 +3.1
VPL Vanguard FTSE Pacific ETF 0.2 7 28 5.2 +2.6
AVIV Avantis International Large Cap Value ETF 0.2 25 10 6.6 +4.0
AVDV Avantis International Small Cap Value ETF 0.2 36 -1 7.3 +4.6
VBR Vanguard Small Cap Value ETF 0.2 7 28 7.8 +5.2
JHMM John Hancock Multifactor Mid Cap ETF 0.2 42 -7 5.4 +2.7
IWS iShares Russell Mid-Cap Value ETF 0.2 23 12 6.1 +3.5
SCHC Schwab International Small-Cap Equity ETF 0.2 11 24 6.2 +3.5
AIEQ AI Powered Equity ETF 0.2 75 -40 3.8 +1.1
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.2 60 -25 5.9 +3.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 8 27 6.0 +3.4
SMLF iShares U.S. SmallCap Equity Factor ETF 0.2 15 20 5.1 +2.5
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.2 33 2 6.3 +3.6
IWR iShares Russell Midcap ETF 0.1 19 16 5.4 +2.7
DFAS Dimensional U.S. Small Cap ETF 0.1 26 9 5.6 +3.0
DISV Dimensional International Small Cap Value ETF 0.1 42 -7 7.7 +5.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.1 41 -6 6.8 +4.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 -4 5.9 +3.2
AVDE Avantis International Equity ETF 0.1 23 12 5.9 +3.3
ISCF iShares International SmallCap Equity Factor ETF 0.1 23 12 6.9 +4.2
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 11 5.3 +2.7
IEUS iShares MSCI Europe Small-Cap ETF 0.1 42 -7 6.4 +3.8
AVEM Avantis Emerging Markets Equity ETF 0.1 33 2 7.1 +4.5
AVSD Avantis Responsible International Equity ETF 0.1 23 12 5.7 +3.0
VSGX Vanguard ESG International Stock ETF 0.1 10 25 6.4 +3.8
XOEF iShares S&P 500 ex S&P 100 ETF 0.1 20 15 4.7 +2.0
PTL Inspire 500 ETF 0.1 9 26 4.5 +1.9
HEDJ WisdomTree Europe Hedged Equity Fund 0.1 58 -23 5.8 +3.2
URA Global X Uranium ETF 0.1 69 -34 0.6 -2.1
DXUV Dimensional US Vector Equity ETF 0.1 28 7 5.3 +2.7
DXIV Dimensional International Vector Equity ETF 0.1 34 1 6.3 +3.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.1 30 5 6.2 +3.5
IEFA iShares Core MSCI EAFE ETF 0.1 7 28 5.8 +3.2
DFAE Dimensional Emerging Core Equity Market ETF 0.1 35 0 7.0 +4.3
DFUV Dimensional US Marketwide Value ETF 0.1 22 13 6.3 +3.6
VIG Vanguard Dividend Appreciation ETF 0.1 5 30 4.9 +2.2
DFE WisdomTree Europe SmallCap Dividend Fund 0.1 58 -23 7.1 +4.5
VYM Vanguard High Dividend Yield Index ETF 0.1 6 29 6.0 +3.4
VEA Vanguard FTSE Developed Markets ETF 0.1 3 32 5.8 +3.1
USEW Cambria US EW ETF 0.1 30 5 4.2 +1.5
DFIC Dimensional International Core Equity 2 ETF 0.1 23 12 5.9 +3.3
IDEV iShares Core MSCI International Developed Markets ETF 0.1 4 31 5.8 +3.1
DFEV Dimensional Emerging Markets Value ETF 0.1 43 -8 9.7 +7.0
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 32 5.7 +3.1
VXUS Vanguard Total International Stock ETF 0.1 5 30 6.5 +3.8
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 4 31 6.6 +3.9
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 -4 6.6 +4.0
FLAX Franklin FTSE Asia Ex Japan ETF 0.1 19 16 7.3 +4.6
AVSE Avantis Responsible Emerging Markets Equity ETF 0.1 33 2 6.7 +4.1
VWO Vanguard FTSE Emerging Markets ETF 0.1 7 28 8.9 +6.3
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.1 12 23 6.3 +3.7
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 10 6.4 +3.7
VOOV Vanguard S&P 500 Value ETF 0.1 7 28 5.6 +2.9
DFAI Dimensional International Core Equity Market ETF 0.1 18 17 5.8 +3.1
SCHF Schwab International Equity ETF 0.1 6 29 5.8 +3.2
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 15 5.6 +2.9
IQSI IQ Candriam International Equity ETF 0.1 15 20 5.3 +2.7
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 21 4.3 +1.6
IVE iShares S&P 500 Value ETF 0.1 18 17 5.5 +2.8
SPYV State Street SPDR Portfolio S&P 500 Value ETF 0.1 4 31 5.6 +3.0
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 10 6.3 +3.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.1 38 -3 7.0 +4.4
DFSU Dimensional US Sustainability Core 1 ETF 0.1 18 17 4.7 +2.1
SCHV Schwab U.S. Large-Cap Value ETF 0.1 4 31 5.6 +3.0
IUSV iShares Core S&P US Value ETF 0.1 4 31 5.7 +3.1
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.1 53 -18 5.3 +2.7
IXUS iShares Core MSCI Total International Stock ETF 0.1 7 28 6.4 +3.8
IUS Invesco RAFI Strategic US ETF 0.1 19 16 5.8 +3.2
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 18 4.8 +2.1
VONV Vanguard Russell 1000 Value ETF 0.1 7 28 5.6 +2.9
DSI iShares MSCI KLD 400 Social ETF 0.1 25 10 4.3 +1.6
IWD iShares Russell 1000 Value ETF 0.1 19 16 5.5 +2.8
MNZL Manzil Russell Halal USA Broad MarketETF 0.1 40 -5 4.0 +1.3
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 23 3.7 +1.1
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.1 50 -15 8.0 +5.4
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 -7 4.3 +1.6
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 24 7.9 +5.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -31 7.5 +4.8
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 20 8.0 +5.4
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.1 45 -10 3.7 +1.1
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.1 20 15 0.9 -1.8
DEHP Dimensional Emerging Markets High Profitability ETF 0.1 41 -6 5.0 +2.3
DCOR Dimensional US Core Equity 1 ETF 0.1 14 21 4.7 +2.1
JHML John Hancock Multifactor Large Cap ETF 0.1 29 6 4.6 +1.9
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -40 3.3 +0.7
SSPY Syntax Stratified LargeCap ETF 0.1 30 5 6.0 +3.3
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 23 5.5 +2.9
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 20 5.2 +2.5
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 -23 7.0 +4.3
VT Vanguard Total World Stock ETF 0.1 6 29 5.1 +2.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 20 8.8 +6.2
STXG Strive 1000 Growth ETF 0.0 18 17 3.3 +0.7
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 1 5.8 +3.2
TOPC iShares S&P 500 3% Capped ETF 0.0 15 20 4.5 +1.8
PFM Invesco Dividend Achievers ETF 0.0 53 -18 4.6 +2.0
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 15 5.6 +3.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 15 4.4 +1.7
SNPE Xtrackers S&P 500 ESG ETF 0.0 10 25 4.4 +1.8
SPXT ProShares S&P 500 Ex-Technology ETF 0.0 9 26 4.7 +2.1
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 10 5.0 +2.4
CHRI Global X S&P 500 Christian Values ETF 0.0 29 6 4.1 +1.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.0 36 -1 7.7 +5.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.0 33 2 6.8 +4.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 -24 8.3 +5.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.0 45 -10 8.1 +5.5
CWI SPDR MSCI ACWI ex-US ETF 0.0 30 5 6.3 +3.6
DFAU Dimensional US Core Equity Market ETF 0.0 12 23 4.4 +1.8
XVV iShares ESG Screened S&P 500 ETF 0.0 8 27 4.3 +1.6
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.0 20 15 4.1 +1.5
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 10 7.3 +4.6
IVV iShares Core S&P 500 ETF 0.0 3 32 4.3 +1.7
DSPY Tema S&P 500 Historical Weight ETF 0.0 18 17 4.5 +1.9
VOO Vanguard S&P 500 ETF 0.0 3 32 4.3 +1.7
SPY SPDR S&P 500 ETF 0.0 9 26 4.3 +1.6
SPYM State Street SPDR Portfolio S&P 500 ETF 0.0 2 33 4.3 +1.7
RWL Invesco S&P 500 Revenue ETF 0.0 39 -4 5.8 +3.2
SCHX Schwab U.S. Large-Cap ETF 0.0 3 32 4.4 +1.8
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.0 3 32 4.5 +1.8
VONE Vanguard Russell 1000 ETF 0.0 7 28 4.3 +1.7
APIE ActivePassive International Equity ETF 0.0 45 -10 6.1 +3.5
DFUS Dimensional U.S. Equity ETF 0.0 9 26 4.2 +1.6
SCHK Schwab 1000 Index ETF 0.0 5 30 4.4 +1.7
IWB iShares Russell 1000 ETF 0.0 15 20 4.3 +1.6
IYY iShares Dow Jones U.S. ETF 0.0 20 15 4.2 +1.6
RAUS RACWI US ETF 0.0 15 20 4.3 +1.7
VTI Vanguard Total Stock Market ETF 0.0 3 32 4.3 +1.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 26 4.9 +2.3
BKIE BNY Mellon International Equity ETF 0.0 4 31 5.7 +3.1
AVUS Avantis U.S. Equity ETF 0.0 15 20 4.9 +2.3
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 7 5.7 +3.0
SPXE ProShares S&P 500 Ex-Energy ETF 0.0 9 26 4.2 +1.5
SPXN ProShares S&P 500 Ex-Financials ETF 0.0 9 26 4.1 +1.5
SPXV ProShares S&P 500 Ex-Health Care ETF 0.0 9 26 4.1 +1.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 24 4.3 +1.6
CATH Global X S&P 500 Catholic Values Custom ETF 0.0 29 6 4.1 +1.5
SCHB Schwab U.S. Broad Market ETF 0.0 3 32 4.3 +1.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 32 4.3 +1.6
VTHR Vanguard Russell 3000 ETF 0.0 7 28 4.3 +1.6
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.0 58 -23 8.0 +5.4
IWV iShares Russell 3000 ETF 0.0 20 15 4.1 +1.5
GXC SPDR S & P China ETF 0.0 59 -24 16.7 +14.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 -10 6.6 +3.9
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -30 6.5 +3.9
QVML Invesco S&P 500 QVM Multi-factor ETF 0.0 11 24 4.5 +1.8
DIVB iShares Core Dividend ETF 0.0 5 30 7.3 +4.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.0 18 17 6.2 +3.6
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 45 -10 5.5 +2.9
INTF iShares International Equity Factor ETF 0.0 15 20 6.3 +3.6
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.0 30 5 7.8 +5.1
SPEU SPDR Portfolio Europe ETF 0.0 7 28 6.1 +3.5
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.0 20 15 6.1 +3.5
SCHE Schwab Emerging Markets Equity ETF 0.0 11 24 9.2 +6.6
ACVF American Conservative Values ETF 0.0 75 -40 3.8 +1.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 6 5.7 +3.1
IEUR iShares Core MSCI Europe ETF 0.0 11 24 6.1 +3.4
GSPY Gotham Enhanced 500 ETF 0.0 50 -15 4.6 +1.9
DFLV Dimensional US Large Cap Value ETF 0.0 22 13 6.2 +3.6
VYMI Vanguard International High Dividend Yield ETF 0.0 17 18 7.7 +5.1
VGK Vanguard FTSE Europe ETF 0.0 6 29 6.2 +3.6
GMF SPDR S&P Emerging Asia Pacific ETF 0.0 49 -14 8.6 +5.9
EBI Longview Advantage ETF 0.0 35 0 6.1 +3.4
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 28 9.2 +6.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 -6 6.0 +3.4
JHEM John Hancock Multifactor Emerging Markets ETF 0.0 49 -14 7.5 +4.8

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

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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

Content on this tab for subscribers only

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:		 Themes Lithium & Battery Metal Miners ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.7 %
Divided by: Fwd. P/BV 2.9 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 2.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.75 CATEGORY
AVERAGE		 1.64
 
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.