Horizon Kinetics Medical ETF
ALTAR
Score™		 3.0% info Recommen-
dation		 NEUTRAL
2023E    2024E
P/E
ratio		 34.9x P/Sales
ratio		 4.5x
P/BV
ratio		 3.4x Div.
yield		 2.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
MEDX actively invests in global companies within the broad health care sector. Stock selection and weighting emphasizes those invested in cancer research and pharmaceutical developments.

FUND BASICS
Category Global Equities
Fund Sponsor Horizon Kinetics
Website horizonkinetics.com/products/etf/
Inception date Jan 30, 2023
Assets (mns) $18
Currency USD
Expense ratio 85 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 27
Wgt avg mkt cap (mns) $153,528
Large cap (>$10bn) 76.0%
Mid cap ($2-10bn) 10.6%
Small cap (<$2bn) 7.2%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ELI LILLY & CO 11.8 %
CASH & OTHER 8.9 %
ABBVIE INC 6.3 %
NOVARTIS AG-ADR 5.4 %
BRISTOL-MYERS SQUIBB CO 5.3 %
AMGEN INC 5.3 %
JOHNSON & JOHNSON 5.1 %
ASTRAZENECA PLC-SPONS ADR 4.7 %
PFIZER INC 4.6 %
CRISPR THERAPEUTICS AG 4.2 %
Total 61.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 67.1 %
SWITZERLAND 9.9 %
BRITAIN 4.7 %
FRANCE 3.5 %
IRELAND 3.3 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-6.1% -- -- -- -6.1%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $28.67
30d moving avg. $28.80
Annualized volatility 0.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 43

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.2%
Bid/Ask (% of price) 0.36%
ADV underlying (mns) $8,688

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 564 potential alternatives to the Horizon Kinetics Medical ETF ETF based on the alternatives' overlap in portfolio holdings with MEDX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: MEDX Expense: 85 bp ALTAR Score™: 3.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH MEDX
Ticker Fund
Name		 Overlap1
vs MEDX
(%)		 Expense
ratio
(bp)		 Savings
vs MEDX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs MEDX
(%)
FTXH First Trust Nasdaq Pharmaceuticals ETF 46.1 60 25 9.9 +6.9
PPH VanEck Pharmaceutical ETF 44.5 36 49 11.5 +8.5
PJP Invesco Dynamic Pharmaceuticals ETF 42.2 58 27 6.7 +3.7
IYH iShares U.S. Healthcare ETF 38.2 40 45 6.7 +3.7
XLV Health Care Select Sector SPDR Fund 38.0 10 75 7.7 +4.7
VHT Vanguard Health Care Index Fund 35.6 10 75 6.1 +3.1
FHLC Fidelity MSCI Health Care Index ETF 35.4 8 77 6.2 +3.2
IXJ iShares Global Healthcare ETF 29.7 42 43 6.8 +3.8
IHE iShares U.S. Pharmaceuticals ETF 29.6 40 45 8.9 +5.9
GDOC Goldman Sachs Future Health Care Equity ETF 28.0 75 10 3.1 +0.1
IBBQ Invesco Nasdaq Biotechnology ETF 26.5 19 66 0.1 -2.9
PINK Simplify Health Care ETF 26.1 50 35 5.9 +2.9
AGNG Global X Aging Population ETF 24.8 50 35 4.0 +0.9
XPH SPDR S&P Pharmaceuticals ETF 23.0 35 50 5.7 +2.7
BUL Pacer US Cash Cows Growth ETF 22.9 60 25 10.1 +7.1
FBT First Trust NYSE Arca Biotechnology Index Fund 21.9 56 29 2.5 -0.6
BAD B.A.D. ETF 20.5 75 10 -4.3 -7.3
BBH VanEck Biotech ETF 20.5 35 50 5.4 +2.4
IBB iShares NASDAQ Biotechnology ETF 20.5 45 40 0.0 -3.0
SDEP SFP Core Equity Strategy 20.0 0 85 0.0 -3.0
SANE Subversive Mental Health ETF 19.9 75 10 4.3 +1.3
VIRS Pacer BioThreat Strategy ETF 19.3 70 15 6.7 +3.7
PBE Invesco Dynamic Biotechnology & Genome ETF 19.2 59 26 1.6 -1.4
HART IQ Healthy Hearts ETF 18.4 45 40 5.7 +2.7
MEDI Harbor Health Care ETF 18.2 80 5 -0.8 -3.8
CANC Tema Oncology ETF 18.0 75 10 -4.4 -7.4
LRND IQ U.S. Large Cap R&D Leaders ETF 17.6 14 71 6.8 +3.7
WDNA WisdomTree BioRevolution Fund 17.4 45 40 -5.8 -8.8
DURA VanEck Morningstar Durable Dividend ETF 17.3 29 56 7.7 +4.7
RSPH Invesco S&P 500 Equal Weight Health Care ETF 16.0 40 45 7.9 +4.9
SCHD Schwab U.S. Dividend Equity ETF 15.8 6 79 8.9 +5.9
XDNA Strategic CRISPR & Gene Editing Technology ETF 15.7 78 7 -8.4 -11.4
HDV iShares Core High Dividend ETF 15.5 8 77 8.8 +5.8
BMED BlackRock Future Health ETF 15.2 85 0 0.7 -2.3
UDI USCF Dividend Income Fund 15.1 0 85 0.0 -3.0
XBI SPDR S&P BIOTECH ETF 14.4 35 50 -3.7 -6.7
FXH First Trust Health Care AlphaDEX Fund 14.3 61 24 8.6 +5.6
SIXA 6 Meridian Mega Cap Equity ETF 14.0 80 5 6.9 +3.9
HELX Franklin Genomic Advancements ETF 13.7 50 35 1.9 -1.1
BBP BioShares Biotechnology Products Fund 13.6 79 6 -5.6 -8.6
HKND Humankind US Stock ETF 13.5 11 74 6.8 +3.7
SYNB Putnam BioRevolution ETF 13.4 70 15 2.8 -0.2
DGRO iShares Core Dividend Growth ETF 12.8 8 77 7.0 +4.0
BGIG Bahl & Gaynor Income Growth ETF 12.8 45 40 5.7 +2.7
STXD Strive 1000 Dividend Growth ETF 12.7 35 50 5.7 +2.7
QLV FlexShares US Quality Low Volatility Index Fund 12.5 22 63 5.2 +2.1
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 12.1 35 50 7.1 +4.1
GNOM Global X Genomics & Biotechnology ETF 12.0 50 35 -5.8 -8.8
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 11.9 69 16 5.6 +2.6
RAYD Rayliant Quantitative Developed Market Equity ETF 11.9 80 5 5.5 +2.5
DIVD Altrius Global Dividend ETF 11.8 49 36 10.2 +7.2
MDLV Morgan Dempsey Large Cap Value ETF 11.5 58 27 9.1 +6.0
ARKG ARK Genomic Revolution ETF 11.3 75 10 -12.5 -15.6
IDNA iShares Genomics Immunology & Healthcare ETF 11.3 47 38 -8.5 -11.6
DUHP Dimensional US High Profitability ETF 11.3 21 64 7.6 +4.6
DJD Invesco Dow Jones Industrial Average Dividend ETF 11.2 7 78 10.6 +7.6
FCPI Fidelity Stocks for Inflation ETF 11.0 29 56 9.4 +6.4
OUSA ALPS O'Shares U.S. Quality Dividend ETF 11.0 48 37 6.5 +3.5
FTCS First Trust Capital Strength ETF 11.0 55 30 6.5 +3.5
SELV SEI Enhanced Low Volatility U.S. Large Cap ETF 10.9 15 70 7.0 +3.9
FDL First Trust Morningstar Dividend Leaders Index Fund 10.9 45 40 10.7 +7.7
FLRG Fidelity U.S. Multifactor ETF 10.7 29 56 7.9 +4.9
SPMO Invesco S&P 500 Momentum ETF 10.6 13 72 4.6 +1.6
VYM Vanguard High Dividend Yield Index ETF 10.5 6 79 7.8 +4.8
DLN WisdomTree U.S. LargeCap Dividend Fund 10.5 28 57 6.8 +3.8
HAPI Harbor Corporate Culture ETF 10.4 36 49 5.1 +2.1
DHS WisdomTree U.S. High Dividend Fund 10.3 38 47 9.8 +6.8
MGV Vanguard Mega Cap Value ETF 10.2 7 78 7.2 +4.2
DIVL Madison Dividend Value ETF 10.2 65 20 5.9 +2.9
BBLU EA Bridgeway Blue Chip ETF 10.1 15 70 6.0 +3.0
MTUM iShares MSCI USA Momentum Factor ETF 10.1 15 70 4.9 +1.9
GERM ETFMG Treatments Testing and Advancements ETF 10.1 68 17 -8.5 -11.5
FLQL Franklin LibertyQ U.S. Equity ETF 9.9 15 70 6.7 +3.7
USMV iShares Edge MSCI Min Vol USA ETF 9.9 15 70 6.1 +3.1
DIA SPDR Dow Jones Industrial Average ETF Trust 9.7 16 69 6.0 +3.0
SPMV Invesco S&P 500 Minimum Variance ETF 9.6 10 75 5.8 +2.8
EDOW First Trust Dow 30 Equal Weight ETF 9.5 50 35 6.9 +3.9
WRND IQ Global Equity R&D Leaders ETF 9.5 18 67 7.2 +4.2
DEW WisdomTree Global High Dividend Fund 9.4 58 27 9.2 +6.2
QUS SPDR MSCI USA StrategicFactors ETF 9.4 15 70 6.3 +3.3
SNPG Xtrackers S&P 500 Growth ESG ETF 9.3 15 70 5.2 +2.2
RAFE PIMCO RAFI ESG U.S. ETF 9.3 29 56 7.5 +4.5
ESMV iShares ESG MSCI USA Min Vol Factor ETF 9.2 18 67 6.3 +3.3
GDIV Harbor Dividend Growth Leaders ETF 9.2 50 35 6.2 +3.2
DTD WisdomTree U.S.Total Dividend Fund 9.2 28 57 7.2 +4.1
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 9.1 12 73 5.1 +2.1
IWX iShares Russell Top 200 Value ETF 9.1 20 65 7.0 +4.0
PWV Invesco Dynamic Large Cap Value ETF 8.8 58 27 9.0 +6.0
GCOW Pacer Global High Dividend ETF 8.8 60 25 13.0 +10.0
VFMV Vanguard U.S. Minimum Volatility ETF 8.8 13 72 5.9 +2.9
VOOG Vanguard S&P 500 Growth ETF 8.7 10 75 5.6 +2.6
IVW iShares S&P 500 Growth ETF 8.7 18 67 5.5 +2.5
SPYG SPDR Portfolio S&P 500 Growth ETF 8.7 4 81 5.7 +2.6
VTV Vanguard Value Index Fund 8.7 4 81 7.4 +4.4
QDEF FlexShares Quality Dividend Defensive Index Fund 8.7 37 48 6.1 +3.1
FDRR Fidelity Dividend ETF for Rising Rates 8.5 29 56 8.1 +5.1
JQUA JPMorgan U.S. Quality Factor ETF 8.5 12 73 6.0 +2.9
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 8.5 30 55 10.5 +7.5
DGRW WisdomTree U.S. Quality Dividend Growth Fund 8.5 28 57 6.1 +3.1
EVUS iShares ESG Aware MSCI USA Value ETF 8.4 18 67 7.2 +4.2
KVLE KFA Value Liner Dynamic Core Equity Index ETF 8.3 56 29 5.7 +2.7
MOAT VanEck Morningstar Wide Moat ETF 8.3 46 39 6.1 +3.1
QUAL iShares MSCI Usa Quality Factor ETF 8.3 15 70 6.1 +3.1
RPG Invesco S&P 500 Pure Growth ETF 8.3 35 50 7.6 +4.6
HLAL Wahed FTSE USA Shariah ETF 8.3 50 35 5.1 +2.1
IUSG iShares Core S&P US Growth ETF 8.3 4 81 5.7 +2.7
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 8.2 60 25 5.9 +2.9
SEIQ SEI Enhanced U.S. Large Cap Quality Factor ETF 8.2 15 70 7.3 +4.3
VSLU Applied Finance Valuation Large Cap ETF 8.1 49 36 6.4 +3.4
WOMN Impact Shares YWCA Women's Empowerment ETF 8.1 75 10 5.2 +2.2
USCA Xtrackers MSCI USA Climate Action Equity ETF 8.0 7 78 5.6 +2.6
JHDV John Hancock U.S. High Dividend ETF 8.0 34 51 6.9 +3.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 7.9 29 56 7.1 +4.1
ZECP Zacks Earnings Consistent Portfolio ETF 7.8 55 30 5.3 +2.3
WKLY SoFi Weekly Dividend ETF 7.7 49 36 7.7 +4.7
DSTL Distillate US Fundamental Stability & Value ETF 7.7 39 46 7.6 +4.5
DIVB iShares Core Dividend 7.7 5 80 8.4 +5.4
ILCV iShares Morningstar Value ETF 7.7 4 81 7.3 +4.3
IBRN iShares Neuroscience and Healthcare ETF 7.6 47 38 -6.5 -9.5
COWZ Pacer US Cash Cows 100 ETF 7.6 49 36 11.4 +8.4
FLOW Global X U.S. Cash Flow Kings 100 ETF 7.5 25 60 12.1 +9.1
EQWL Invesco Russell Top 200 Equal Weight ETF 7.5 25 60 6.8 +3.8
BTEC Principal Healthcare Innovators Index ETF 7.5 42 43 -6.8 -9.8
SPXT ProShares S&P 500 Ex-Technology ETF 7.5 9 76 6.0 +3.0
ESG FlexShares STOXX US ESG Impact Index Fund 7.5 32 53 5.3 +2.3
SPHQ Invesco S&P 500 Quality ETF 7.4 15 70 5.8 +2.8
XLG Invesco S&P 500 Top 50 ETF 7.4 20 65 4.9 +1.9
FDLO Fidelity Low Volatility Factor ETF 7.4 29 56 5.4 +2.4
JCTR JPMorgan Carbon Transition U.S. Equity ETF 7.3 15 70 5.1 +2.1
DIVY Sound Equity Income ETF 7.3 45 40 11.0 +8.0
SCHV Schwab U.S. Large-Cap Value ETF 7.3 4 81 7.1 +4.1
ACWV iShares MSCI Global Min Vol Factor ETF 7.3 20 65 6.6 +3.6
TMFE Motley Fool Capital Efficiency 100 Index ETF 7.2 50 35 5.1 +2.1
QDF FlexShares Quality Dividend Index Fund 7.2 37 48 6.2 +3.2
SUSL iShares ESG MSCI USA Leaders ETF 7.2 10 75 5.4 +2.4
PZLG Puzzle Mature Growth 7.2 0 85 0.0 -3.0
STXV Strive 1000 Value ETF 7.2 18 67 8.5 +5.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 7.2 10 75 5.4 +2.4
OEF iShares S&P 100 ETF 7.1 20 65 5.2 +2.2
NULV Nuveen ESG Large-Cap Value ETF 7.1 26 59 7.4 +4.4
FBCV Fidelity Blue Chip Value ETF 7.1 59 26 7.1 +4.1
DRUP GraniteShares Nasdaq Select Disruptors ETF 7.1 60 25 4.1 +1.1
FLV American Century Focused Large Cap Value ETF 7.0 42 43 6.5 +3.5
MBOX Freedom Day Dividend ETF 7.0 39 46 8.5 +5.5
TTAC TrimTabs US Free Cash Flow Quality ETF 7.0 59 26 6.2 +3.2
FLLV Franklin Liberty U.S. Low Volatility ETF 7.0 29 56 6.0 +3.0
DEIF Sterling Capital Diverse Multi-Manager Active ETF 7.0 65 20 4.9 +1.9
LVHD Legg Mason Low Volatility High Dividend ETF 7.0 27 58 9.4 +6.4
YLDE ClearBridge Dividend Strategy ESG ETF 6.9 60 25 5.4 +2.4
HDUS Hartford Disciplined US Equity ETF 6.9 19 66 6.5 +3.5
JAVA JPMorgan Active Value ETF 6.8 44 41 6.7 +3.7
FQAL Fidelity Quality Factor ETF 6.8 29 56 5.8 +2.8
LCTU BlackRock U.S. Carbon Transition Readiness ETF 6.8 14 71 5.6 +2.6
ROUS Hartford Multifactor US Equity ETF 6.8 19 66 6.6 +3.6
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 6.7 49 36 5.6 +2.5
SPLV Invesco S&P 500 Low Volatility ETF 6.7 25 60 6.0 +3.0
ALTL Pacer Lunt Large Cap Alternator ETF 6.6 60 25 6.1 +3.1
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 6.6 10 75 5.9 +2.9
QLC FlexShares US Quality Large Cap Index Fund 6.6 25 60 5.8 +2.8
MOON Direxion Moonshot Innovators ETF 6.5 65 20 -15.3 -18.3
VDNI V-Shares US Leadership Diversity ETF 6.5 29 56 5.7 +2.7
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 6.5 49 36 4.9 +1.9
EQUL IQ Engender Equality ETF 6.4 45 40 6.6 +3.5
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 6.4 20 65 6.2 +3.2
IOO iShares Global 100 ETF 6.3 41 44 4.8 +1.8
NUDV Nuveen ESG Dividend ETF 6.3 26 59 7.5 +4.5
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 6.3 50 35 3.2 +0.2
IWL iShares Russell Top 200 ETF 6.3 15 70 5.2 +2.2
SPXN ProShares S&P 500 Ex-Financials ETF 6.2 9 76 5.6 +2.6
VALQ American Century STOXX U.S. Quality Value ETF 6.2 29 56 8.1 +5.0
MGC Vanguard Mega Cap Index Fund 6.2 7 78 5.3 +2.2
SMRI Bushido Capital US Equity ETF 6.2 71 14 9.0 +6.0
BKLC BNY Mellon US Large Cap Core Equity ETF 6.1 0 85 5.3 +2.3
QWLD SPDR MSCI World StrategicFactors ETF 6.1 30 55 6.1 +3.1
VONV Vanguard Russell 1000 Value Index Fund 6.0 8 77 7.2 +4.2
PABU iShares Paris-Aligned Climate MSCI USA ETF 6.0 10 75 5.0 +2.0
IWD iShares Russell 1000 Value ETF 6.0 19 66 7.1 +4.1
PFM Invesco Dividend Achievers ETF 6.0 53 32 5.9 +2.9
FVAL Fidelity Value Factor ETF 6.0 29 56 7.7 +4.7
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 5.9 35 50 8.9 +5.9
EPS WisdomTree U.S. Earnings 500 Fund 5.9 8 77 6.8 +3.8
RFDA RiverFront Dynamic US Dividend Advantage ETF 5.9 52 33 8.3 +5.2
NULC Nuveen ESG Large-Cap ETF 5.9 21 64 5.5 +2.5
VUSE Vident Core US Equity Fund 5.9 50 35 5.9 +2.9
JVAL JPMorgan U.S. Value Factor ETF 5.8 12 73 8.9 +5.9
NZUS SPDR MSCI USA Climate Paris Aligned ETF 5.8 10 75 5.0 +2.0
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 5.8 25 60 6.2 +3.2
SHE SPDR SSGA Gender Diversity Index ETF 5.8 20 65 5.6 +2.5
ANEW ProShares MSCI Transformational Changes ETF 5.8 45 40 4.8 +1.7
LRGF iShares Edge MSCI Multifactor USA ETF 5.8 8 77 6.1 +3.1
VLUE iShares MSCI USA Value Factor ETF 5.8 15 70 11.4 +8.3
ARKK ARK Innovation ETF 5.7 75 10 -7.2 -10.2
KONG Formidable Fortress ETF 5.7 89 -4 6.7 +3.7
JEPI JPMorgan Equity Premium Income ETF 5.7 35 50 5.6 +2.6
HLGE Hartford Longevity Economy ETF 5.7 44 41 7.0 +3.9
QVML Invesco S&P 500 QVM Multi-factor ETF 5.7 11 74 5.6 +2.6
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 5.7 60 25 4.7 +1.7
FDIV MarketDesk Focused U.S. Dividend ETF 5.7 35 50 9.8 +6.8
SNPE Xtrackers S&P 500 ESG ETF 5.6 10 75 5.5 +2.5
RECS Columbia Research Enhanced Core ETF 5.6 15 70 6.2 +3.1
FVD First Trust Value Line Dividend Index Fund 5.6 65 20 6.2 +3.2
LVOL American Century Low Volatility ETF 5.6 29 56 5.3 +2.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 5.6 20 65 5.3 +2.3
NACP Impact Shares NAACP Minority Empowerment ETF 5.6 49 36 5.4 +2.4
SPYD SPDR S&P 500 High Dividend ETF 5.5 7 78 10.5 +7.5
SPXE ProShares S&P 500 Ex-Energy ETF 5.5 9 76 5.5 +2.5
FDG American Century Focused Dynamic Growth ETF 5.5 45 40 3.2 +0.2
GGRW Gabelli Growth Innovators ETF 5.5 90 -5 2.8 -0.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 5.5 20 65 5.4 +2.4
JGRO JPMorgan Active Growth ETF 5.4 44 41 3.7 +0.7
DIVS SmartETFs Dividend Builder ETF 5.4 65 20 5.1 +2.1
SQEW LeaderShares Equity Skew ETF 5.4 75 10 4.9 +1.9
FDVV Fidelity Core Dividend ETF 5.3 29 56 9.1 +6.1
CGDV Capital Group Dividend Value ETF 5.3 33 52 6.0 +3.0
BMVP Invesco Bloomberg MVP Multi-Factor ETF 5.3 60 25 8.8 +5.8
SAMT Strategas Macro Thematic Opportunities ETF 5.3 65 20 3.6 +0.6
ADME Aptus Drawdown Managed Equity ETF 5.3 79 6 4.8 +1.7
VV Vanguard Large-Cap Index Fund 5.3 4 81 5.5 +2.4
STRV Strive 500 ETF 5.3 5 80 5.5 +2.5
ESGU iShares MSCI USA ESG Optimized ETF 5.3 15 70 5.4 +2.4
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 5.3 35 50 5.6 +2.6
RESP WisdomTree US ESG Fund of Benef Interest 5.3 28 57 6.2 +3.2
IVV iShares Core S&P 500 ETF 5.3 3 82 5.6 +2.6
SPY SPDR S&P 500 ETF Trust 5.3 9 76 5.5 +2.5
VOO VANGUARD S&P 500 ETF 5.3 3 82 5.6 +2.6
QDIV Global X S&P 500 Quality Dividend ETF 5.3 20 65 9.3 +6.3
REVS Columbia Research Enhanced Value ETF 5.3 19 66 8.1 +5.1
SPLG SPDR Portfolio S&P 500 ETF 5.3 2 83 5.6 +2.6
APUE ActivePassive U.S. Equity ETF 5.3 33 52 5.4 +2.4
HUSV First Trust Horizon Managed Volatility Domestic ETF 5.2 70 15 5.4 +2.4
ACVF American Conservative Values ETF 5.2 75 10 4.8 +1.8
MRND IQ U.S. Mid Cap R&D Leaders ETF 5.2 16 69 4.1 +1.1
BKUS BNY Mellon Sustainable US Equity ETF 5.2 50 35 4.6 +1.6
GSPY Gotham Enhanced 500 ETF 5.2 50 35 5.8 +2.8
PZLD Puzzle Divdend Leaders 5.2 0 85 0.0 -3.0
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 5.2 58 27 5.4 +2.4
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 5.2 9 76 6.3 +3.3
VOTE Engine No. 1 Transform 500 ETF 5.1 5 80 5.4 +2.4
PBUS Invesco PureBeta MSCI USA ETF 5.1 4 81 5.5 +2.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 5.1 2 83 5.5 +2.5
ILCB iShares Morningstar U.S. Equity ETF 5.1 3 82 5.5 +2.5
DFSU Dimensional US Sustainability Core 1 ETF 5.0 18 67 6.0 +3.0
VIG Vanguard Dividend Appreciation Index Fund 5.0 6 79 5.9 +2.9
GDEF Goldman Sachs Defensive Equity ETF 5.0 55 30 5.2 +2.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 5.0 7 78 5.5 +2.5
IWB iShares Russell 1000 ETF 5.0 15 70 5.4 +2.4
VONE Vanguard Russell 1000 ETF 5.0 8 77 5.5 +2.5
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF 5.0 50 35 8.8 +5.8
SCHX Schwab U.S. Large-Cap ETF 4.9 3 82 5.5 +2.5
DFAU Dimensional US Core Equity Market ETF 4.9 12 73 5.7 +2.7
IYY iShares Dow Jones U.S. ETF 4.9 20 65 5.3 +2.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 4.9 11 74 5.5 +2.5
SPTM SPDR Portfolio Total Stock Market ETF 4.9 3 82 5.8 +2.8
DVND Touchstone Dividend Select ETF 4.8 67 18 6.6 +3.6
XVV iShares ESG Screened S&P 500 ETF 4.8 8 77 5.4 +2.4
RVRB Reverb ETF 4.8 30 55 5.3 +2.3
SCHK Schwab 1000 Index ETF 4.8 5 80 5.5 +2.5
CNCR Loncar Cancer Immunotherapy ETF 4.8 79 6 -23.5 -26.5
DFUS Dimensional U.S. Equity ETF 4.8 9 76 5.5 +2.4
VTI Vanguard Total Stock Market Index Fund 4.7 3 82 5.3 +2.3
ESGV Vanguard ESG U.S. Stock ETF 4.7 9 76 5.3 +2.3
PID Invesco International Dividend Achievers ETF 4.7 56 29 7.5 +4.5
IWV iShares Russell 3000 ETF 4.7 20 65 5.3 +2.3
PSET Principal Price Setters Index ETF 4.7 15 70 6.0 +3.0
VTHR Vanguard Russell 3000 Index Fund 4.7 10 75 5.4 +2.3
IUS Invesco Strategic US ETF 4.7 19 66 7.7 +4.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 4.7 3 82 5.4 +2.4
SCHB Schwab U.S. Broad Market ETF 4.6 3 82 5.5 +2.5
DIVZ TrueShares Low Volatility Equity Income ETF 4.6 65 20 9.8 +6.8
PTH Invesco DWA Healthcare Momentum ETF 4.6 60 25 -3.0 -6.0
AFLG First Trust Active Factor Large Cap ETF 4.6 55 30 6.5 +3.5
FUNL CornerCap Fundametrics Large-Cap ETF 4.5 50 35 7.3 +4.3
IWY iShares Russell Top 200 Growth ETF 4.5 20 65 5.1 +2.0
VFQY Vanguard U.S. Quality Factor ETF 4.5 13 72 7.4 +4.4
KRMA Global X Conscious Companies ETF 4.5 43 42 5.8 +2.8
SDG iShares Sustainable MSCI Global Impact ETF 4.5 49 36 6.6 +3.6
PKW Invesco Buyback Achievers ETF 4.5 64 21 8.0 +5.0
SUSA iShares MSCI USA ESG Select ETF 4.5 25 60 5.5 +2.5
PRF Invesco FTSE RAFI US 1000 ETF 4.5 39 46 7.1 +4.0
ITAN Sparkline Intangible Value ETF 4.5 50 35 6.5 +3.5
YALL God Bless America ETF 4.4 65 20 3.5 +0.5
HTEC ROBO Global Healthcare Technology & Innovation ETF 4.4 68 17 1.6 -1.4
SBIO ALPS Medical Breakthroughs ETF 4.4 50 35 -5.1 -8.1
DGT SPDR Global Dow ETF 4.3 50 35 6.4 +3.4
MBCC Monarch Blue Chips Core ETF 4.3 125 -40 3.0 +0.0
FNDX Schwab Fundamental U.S. Large Co. Index ETF 4.3 25 60 7.2 +4.2
FMIL Fidelity New Millennium ETF 4.3 59 26 4.4 +1.4
DFAC Dimensional U.S. Core Equity 2 ETF 4.3 17 68 6.0 +3.0
USXF iShares ESG Advanced MSCI USA ETF 4.3 10 75 5.4 +2.4
JHML John Hancock Multifactor Large Cap ETF 4.2 29 56 6.0 +2.9
CACG ClearBridge All Cap Growth ETF 4.2 54 31 3.6 +0.6
CLRG IQ Chaikin U.S. Large Cap ETF 4.2 25 60 6.5 +3.5
APIE ActivePassive International Equity ETF 4.2 45 40 8.1 +5.1
SDOG ALPS Sector Dividend Dogs ETF 4.2 36 49 10.1 +7.1
DSI iShares MSCI KLD 400 Social ETF 4.2 25 60 5.5 +2.5
FFND Future Fund Active ETF 4.1 100 -15 0.3 -2.7
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 4.1 25 60 6.2 +3.2
SFY SoFi Select 500 ETF 4.1 0 85 5.4 +2.4
IWF iShares Russell 1000 Growth ETF 4.1 19 66 4.9 +1.9
VONG Vanguard Russell 1000 Growth Index Fund 4.1 8 77 5.0 +2.0
ABEQ Absolute Core Strategy ETF 4.0 85 0 4.8 +1.7
PAWZ ProShares Pet Care ETF 4.0 50 35 3.1 +0.0
SPDV AAM S&P 500 High Dividend Value ETF 4.0 29 56 11.5 +8.5
STXG Strive 1000 Growth ETF 4.0 18 67 4.4 +1.4
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 4.0 19 66 6.8 +3.8
FNDB Schwab Fundamental U.S. Broad Market Index ETF 4.0 25 60 7.2 +4.2
AVUS Avantis U.S. Equity ETF 4.0 15 70 6.4 +3.4
BBC Virtus LifeSci Biotech Clinical Trials ETF 4.0 79 6 -6.3 -9.3
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 4.0 25 60 6.2 +3.2
DFLV Dimensional US Large Cap Value ETF 3.9 22 63 8.6 +5.6
AHOY Newday Ocean Health ETF 3.9 75 10 5.6 +2.6
QQQN VictoryShares Nasdaq Next 50 ETF 3.9 18 67 3.6 +0.6
CGUS Capital Group Core Equity ETF 3.9 33 52 5.2 +2.2
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF 3.9 75 10 6.8 +3.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.9 12 73 5.4 +2.4
JMOM JPMorgan U.S. Momentum Factor ETF 3.8 12 73 5.4 +2.4
FPX First Trust US IPO Index Fund 3.8 61 24 -0.6 -3.6
FDMO Fidelity Momentum Factor ETF 3.8 29 56 4.1 +1.1
KOKU Xtrackers MSCI Kokusai Equity ETF 3.8 9 76 5.7 +2.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 3.8 12 73 4.9 +1.9
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 3.7 15 70 11.0 +8.0
CGGR Capital Group Growth ETF 3.7 39 46 3.7 +0.7
VLU SPDR S&P 1500 Value Tilt ETF 3.7 12 73 7.7 +4.7
SIXL 6 Meridian Low Beta Equity Strategy ETF 3.7 80 5 5.6 +2.6
HAPY Harbor Corporate Culture Leaders ETF 3.7 50 35 3.8 +0.8
ROE Astoria US Quality Kings ETF 3.7 49 36 8.3 +5.3
IQSU IQ Candriam ESG US Equity ETF 3.7 9 76 5.0 +2.0
LCF Touchstone US Large Cap Focused ETF 3.6 69 16 4.5 +1.5
TECB iShares US Tech Breakthrough Multisector ETF 3.6 40 45 4.5 +1.5
XT iShares Exponential Technologies ETF 3.6 46 39 3.5 +0.5
USMF WisdomTree U.S. Multifactor Fund 3.6 28 57 7.4 +4.4
ICAP InfraCap Equity Income Fund ETF 3.6 171 -86 7.0 +4.0
NULG Nuveen ESG Large-Cap Growth ETF 3.5 26 59 4.4 +1.4
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 3.5 20 65 7.5 +4.5
TOK iShares MSCI Kokusai ETF 3.5 25 60 5.4 +2.4
QQQ Invesco QQQ Trust 3.4 20 65 5.1 +2.1
QQQM Invesco NASDAQ 100 ETF 3.4 15 70 5.1 +2.1
NVQ QRAFT AI-Enhanced US Next Value ETF 3.4 81 4 9.9 +6.9
SXQG 6 Meridian Quality Growth ETF 3.4 100 -15 4.7 +1.6
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 3.4 15 70 5.9 +2.9
TMFC Motley Fool 100 Index ETF 3.3 50 35 4.1 +1.1
PWB Invesco Dynamic Large Cap Growth ETF 3.3 56 29 3.3 +0.3
PSIL AdvisorShares Psychedelics ETF 3.3 99 -14 -32.2 -35.2
URTH iShares MSCI World ETF 3.3 24 61 5.5 +2.5
RNLC Large Cap US Equity Select ETF 3.3 60 25 6.6 +3.6
RSPE Invesco ESG S&P 500 Equal Weight ETF 3.3 20 65 6.8 +3.8
CGGO Capital Group Global Growth Equity ETF 3.3 47 38 4.0 +1.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 3.2 9 76 5.7 +2.7
FBCG Fidelity Blue Chip Growth ETF 3.2 59 26 2.4 -0.6
ESGG FlexShares STOXX Global ESG Impact Index Fund 3.2 42 43 5.4 +2.4
MGK Vanguard Mega Cap Growth ETF 3.2 7 78 4.5 +1.5
CAML Congress Large Cap Growth ETF 3.2 66 19 4.0 +1.0
MOTE VanEck Morningstar ESG Moat ETF 3.1 49 36 5.8 +2.8
DFUV Dimensional US Marketwide Value ETF 3.1 22 63 8.2 +5.2
DVY iShares Select Dividend ETF 3.1 38 47 9.4 +6.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 3.1 18 67 8.2 +5.2
SDY SPDR S&P Dividend ETF 3.0 35 50 6.9 +3.9
GLOF iShares Global Equity Factor ETF 3.0 20 65 7.2 +4.2
JFWD Jacob Forward ETF 3.0 75 10 -8.3 -11.3
QQMG Invesco ESG NASDAQ 100 ETF 3.0 20 65 5.3 +2.3
AUSF Global X Adaptive U.S. Factor ETF 3.0 27 58 5.9 +2.9
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 2.9 49 36 5.2 +2.2
ACWI iShares MSCI ACWI ETF 2.9 32 53 5.6 +2.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.9 20 65 5.8 +2.8
MOTG VanEck Morningstar Global Wide Moat ETF 2.9 52 33 6.2 +3.2
QQQJ Invesco NASDAQ Next Gen 100 ETF 2.9 15 70 5.7 +2.7
BUZZ VanEck Social Sentiment ETF 2.8 75 10 1.9 -1.1
ESGS Columbia Sustainable U.S. Equity Income ETF 2.8 35 50 6.7 +3.7
ILCG iShares Morningstar Growth ETF 2.8 4 81 4.3 +1.3
AVLV Avantis U.S. Large Cap Value ETF 2.8 15 70 8.2 +5.2
FCTR First Trust Lunt U.S. Factor Rotation ETF 2.8 65 20 4.4 +1.4
NOBL ProShares S&P 500 Dividend Aristocrats ETF 2.8 35 50 6.5 +3.5
VNSE Natixis Vaughan Nelson Select ETF 2.7 80 5 4.2 +1.2
CFA VictoryShares US 500 Volatility Weighted Index ETF 2.7 35 50 6.3 +3.3
RWL Invesco S&P 500 Revenue ETF 2.7 39 46 7.1 +4.1
SCHG Schwab U.S. Large-Cap Growth ETF 2.7 4 81 4.5 +1.5
ERSX ERShares NextGen Entrepreneurs ETF 2.7 75 10 5.9 +2.9
SPGP Invesco S&P 500 GARP ETF 2.7 36 49 8.8 +5.8
VUG Vanguard Growth Index Fund 2.6 4 81 4.5 +1.5
SSPY Syntax Stratified LargeCap ETF 2.6 30 55 7.0 +4.0
VT Vanguard Total World Stock ETF 2.5 7 78 5.1 +2.1
EGUS iShares ESG Aware MSCI USA Growth ETF 2.5 15 70 4.7 +1.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 2.5 9 76 6.6 +3.6
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 2.4 75 10 6.5 +3.5
WLDR Affinity World Leaders Equity ETF 2.3 67 18 8.7 +5.7
RSP Invesco S&P 500 Equal Weight ETF 2.3 20 65 6.6 +3.6
MOHR Collaborative Investment Series Trust - Mohr Growth ETF 2.3 96 -11 4.5 +1.4
QQQS Invesco NASDAQ Future Gen 200 ETF 2.3 20 65 -12.8 -15.8
GVIP Goldman Sachs Hedge Industry VIP ETF 2.3 45 40 4.1 +1.1
VFMF Vanguard U.S. Multifactor ETF 2.3 18 67 9.1 +6.1
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 2.3 20 65 6.1 +3.1
LGLV SPDR Russell 1000 Low Volatility ETF 2.2 12 73 5.6 +2.6
DIV Global X SuperDividend US ETF 2.2 45 40 8.9 +5.9
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 2.2 21 64 4.0 +1.0
FTA First Trust Large Cap Value AlphaDEX Fund 2.1 59 26 8.9 +5.8
TMFX Motley Fool Next Index ETF 2.1 50 35 3.3 +0.3
CBSE Changebridge Capital Sustainable Equity ETF 2.1 85 0 0.6 -2.4
FSST Fidelity Sustainability U.S. Equity ETF 2.0 59 26 5.5 +2.5
IPDP Dividend Performers ETF 2.0 106 -21 5.1 +2.1
QGRO American Century STOXX U.S. Quality Growth ETF 2.0 29 56 5.9 +2.8
EUSA iShares MSCI USA Equal Weighted ETF 1.9 9 76 6.5 +3.5
WTV WisdomTree US Value Fund 1.9 12 73 9.2 +6.2
PY Principal Shareholder Yield Index ETF 1.9 15 70 7.8 +4.8
BFOR Barron's 400 ETF 1.9 65 20 8.0 +4.9
QMOM Alpha Architect U.S. Quantitative Momentum ETF 1.9 39 46 5.5 +2.5
NANC Unusual Whales Subversive Democratic Trading ETF 1.9 75 10 4.3 +1.3
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 1.9 15 70 7.1 +4.1
POWA Invesco Bloomberg Pricing Power ETF 1.8 55 30 5.6 +2.6
INNO Harbor Disruptive Innovation ETF 1.8 75 10 -6.0 -9.0
FTGS First Trust Growth Strength ETF 1.8 60 25 6.4 +3.4
ENTR Entrepreneur 30 Fund 1.8 75 10 2.5 -0.5
SIZE iShares MSCI USA Size Factor ETF 1.8 15 70 6.4 +3.4
FEX First Trust Large Cap Core AlphaDEX Fund 1.8 59 26 6.1 +3.1
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 1.8 20 65 5.5 +2.5
NTZG Nuveen Global Net Zero Transition ETF 1.8 55 30 5.1 +2.1
AIEQ AI Powered Equity ETF 1.8 75 10 4.1 +1.1
RDVY First Trust Rising Dividend Achievers ETF 1.8 50 35 9.6 +6.6
GDVD R3 Global Dividend Growth ETF 1.8 88 -3 6.0 +3.0
GURU Global X Guru Index ETF 1.7 75 10 4.3 +1.3
VFVA Vanguard U.S. Value Factor ETF 1.7 13 72 11.1 +8.1
SMOT VanEck Morningstar SMID Moat ETF 1.7 49 36 7.8 +4.7
TOLL Tema Monopolies and Oligopolies ETF 1.6 75 10 3.8 +0.8
GVLU Gotham 1000 Value ETF 1.6 50 35 9.1 +6.1
PEY Invesco High Yield Equity Dividend Achievers ETF 1.6 53 32 8.9 +5.9
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 1.6 38 47 9.4 +6.4
AIVL WisdomTree U.S. AI Enhanced Value Fund 1.6 38 47 7.8 +4.8
FTC First Trust Large Cap Growth AlphaDEX Fund 1.6 59 26 3.6 +0.5
ETHO Etho Climate Leadership U.S. ETF 1.5 47 38 5.0 +2.0
AVDE Avantis International Equity ETF 1.5 23 62 7.7 +4.7
JOET Virtus Terranova US Quality Momentum ETF 1.5 29 56 6.1 +3.1
TMDV ProShares Russell US Dividend Growers ETF 1.5 35 50 6.7 +3.7
SFYF SoFi 50 ETF 1.5 29 56 -0.7 -3.7
FDWM Fidelity Women's Leadership ETF 1.5 59 26 5.7 +2.7
KRUZ Unusual Whales Subversive Republican Trading ETF 1.4 75 10 4.1 +1.1
UPWD JPMorgan Social Advancement ETF 1.4 49 36 4.8 +1.8
RFFC RiverFront Dynamic US Flex-Cap ETF 1.4 48 37 5.1 +2.1
JHSC John Hancock Multifactor Small Cap ETF 1.3 42 43 6.4 +3.4
FAB First Trust Multi Cap Value AlphaDEX Fund 1.3 67 18 11.2 +8.2
LRGE ClearBridge Large Cap Growth ESG ETF 1.2 59 26 3.5 +0.5
DFSI Dimensional International Sustainability Core 1 ETF 1.2 24 61 6.1 +3.1
VOOV Vanguard S&P 500 Value ETF 1.1 10 75 6.1 +3.1
IVE iShares S&P 500 Value ETF 1.1 18 67 6.0 +3.0
SPYV SPDR Portfolio S&P 500 Value ETF 1.1 4 81 6.1 +3.1
DFIV Dimensional International Value ETF 1.1 27 58 9.4 +6.4
EQAL Invesco Russell 1000 Equal Weight ETF 1.1 20 65 6.9 +3.9
VFMO Vanguard U.S. Momentum Factor ETF 1.1 13 72 2.7 -0.3
IUSV iShares Core S&P U.S. Value ETF 1.1 4 81 6.3 +3.3
ECML Euclidean Fundamental Value ETF 1.1 95 -10 15.0 +12.0
CATH Global X S&P 500 Catholic Values Custom ETF 1.1 29 56 5.4 +2.4
PDP Invesco DWA Momentum ETF 1.0 62 23 3.9 +0.9
AVIV Avantis International Large Cap Value ETF 1.0 25 60 8.5 +5.5
VSDA VictoryShares Dividend Accelerator ETF 1.0 35 50 6.6 +3.6
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.0 63 22 2.7 -0.4
LSAF LeaderShares AlphaFactor US Core Equity ETF 0.9 75 10 7.5 +4.5
PEXL Pacer US Export Leaders ETF 0.9 60 25 5.3 +2.3
VO Vanguard Mid-Cap Index Fund 0.9 4 81 6.4 +3.4
DBLV AdvisorShares DoubleLine Value Equity ETF 0.9 90 -5 8.6 +5.6
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.9 17 68 7.5 +4.5
IWP iShares Russell Mid-Cap Growth ETF 0.8 23 62 3.9 +0.9
IMCG iShares Morningstar Mid-Cap Growth ETF 0.7 6 79 4.5 +1.5
MVPS Amplify Thematic All-Stars ETF 0.7 49 36 2.0 -1.1
IWR iShares Russell Midcap ETF 0.7 18 67 6.2 +3.2
IMCB iShares Morningstar Mid-Cap ETF 0.7 4 81 6.3 +3.3
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.7 4 81 6.3 +3.3
MAGA Point Bridge GOP Stock Tracker ETF 0.7 72 13 6.5 +3.5
VBK Vanguard Small-Cap Growth Index Fund 0.7 7 78 1.3 -1.7
IWS iShares Russell Mid-Cap Value ETF 0.7 23 62 7.3 +4.3
STXK Strive Small-Cap ETF 0.7 18 67 5.7 +2.7
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 0.7 36 49 6.7 +3.7
YPS Arrow Reverse Cap 500 ETF 0.7 29 56 7.2 +4.2
BKSE BNY Mellon US Small Cap Core Equity ETF 0.7 4 81 6.2 +3.2
VXF Vanguard Extended Market Index Fund 0.7 6 79 4.0 +1.0
ONEO SPDR Russell 1000 Momentum Focus ETF 0.7 20 65 7.4 +4.4
TPLC Timothy Plan US Large Cap Core ETF 0.7 52 33 6.1 +3.1
VOT Vanguard Mid-Cap Growth Index Fund 0.7 7 78 4.7 +1.7
DFIC Dimensional International Core Equity 2 ETF 0.6 23 62 7.1 +4.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.6 7 78 6.1 +3.1
BIBL Inspire ETF 0.6 35 50 5.4 +2.4
USVT US Value ETF 0.6 49 36 12.1 +9.1
IMCV iShares Morningstar Mid-Cap Value ETF 0.6 6 79 8.3 +5.3
VOE Vanguard Mid-Cap Value Index Fund 0.6 7 78 8.1 +5.1
RYJ Invesco Raymond James SB-1 Equity ETF 0.6 81 4 3.9 +0.9
ISCG iShares Morningstar Small-Cap Growth ETF 0.6 6 79 2.0 -1.0
AFSM First Trust Active Factor Small Cap ETF 0.6 77 8 9.4 +6.4
ISCB iShares Morningstar Small-Cap ETF 0.6 4 81 5.3 +2.3
ISCV iShares Morningstar Small Cap Value ETF 0.6 6 79 8.5 +5.5
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 0.6 35 50 8.6 +5.6
SIXS 6 Meridian Small Cap Equity ETF 0.5 89 -4 8.7 +5.7
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.5 70 15 2.4 -0.6
DFAI Dimensional International Core Equity Market ETF 0.5 18 67 6.6 +3.6
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 0.5 15 70 6.0 +3.0
SCHM Schwab U.S. Mid-Cap ETF 0.5 4 81 6.8 +3.8
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 0.5 17 68 5.8 +2.8
SCHA Schwab U.S. Small-Cap ETF 0.5 4 81 5.2 +2.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.5 30 55 7.5 +4.5
WCEO Hypatia Women CEO ETF 0.5 85 0 6.3 +3.3
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.5 29 56 6.8 +3.8
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.5 29 56 8.4 +5.4
VMAT V-Shares MSCI World ESG Materiality and Carbon Transition ET 0.5 39 46 5.1 +2.1
FLDZ RiverNorth Volition America Patriot ETF 0.5 75 10 6.1 +3.0
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.5 39 46 4.3 +1.3
IHI iShares U.S. Medical Devices ETF 0.4 40 45 4.3 +1.3
XHE SPDR S&P Health Care Equipment ETF 0.4 35 50 0.9 -2.2
MDEV First Trust Indxx Medical Devices ETF 0.4 70 15 4.1 +1.1
AIQ Global X Future Analytics Tech ETF 0.4 68 17 4.0 +1.0
CSD Invesco S&P Spin-Off ETF 0.4 65 20 7.5 +4.5
FNX First Trust Mid Cap Core AlphaDEX Fund 0.4 59 26 8.0 +5.0
IWO iShares Russell 2000 Growth ETF 0.4 24 61 1.2 -1.8
JHMM John Hancock Multifactor Mid Cap ETF 0.4 42 43 7.2 +4.2
VTWG Vanguard Russell 2000 Growth Index Fund 0.4 15 70 1.3 -1.7
KOMP SPDR Kensho New Economies Composite ETF 0.4 20 65 -0.5 -3.5
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.4 65 20 2.4 -0.6
IWM iShares Russell 2000 ETF 0.4 19 66 3.9 +0.9
NUSC Nuveen ESG Small-Cap ETF 0.4 31 54 5.7 +2.7
VTWO Vanguard Russell 2000 Index Fund 0.4 10 75 4.0 +1.0
RODE Hartford Multifactor Diversified International ETF 0.3 29 56 11.2 +8.2
IWN iShares Russell 2000 Value ETF 0.3 24 61 6.2 +3.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.3 20 65 7.3 +4.3
VTWV Vanguard Russell 2000 Value Index Fund 0.3 15 70 6.4 +3.4
PSC Principal U.S. Small Cap Index ETF 0.3 38 47 8.6 +5.6
VB Vanguard Small-Cap ETF 0.3 5 80 5.8 +2.8
CSML IQ Chaikin U.S. Small Cap ETF 0.3 35 50 5.8 +2.8
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.3 24 61 8.7 +5.7
DFAS Dimensional U.S. Small Cap ETF 0.2 26 59 6.4 +3.4
SNPV Xtrackers S&P ESG Value ETF 0.2 15 70 6.2 +3.2
IWC iShares Micro-Cap ETF 0.2 60 25 -5.4 -8.4
BLES Inspire Global Hope Large Cap ETF 0.2 61 24 6.4 +3.4
AVSC Avantis U.S Small Cap Equity ETF 0.2 25 60 5.6 +2.6
RPV Invesco S&P 500 Pure Value ETF 0.2 35 50 11.4 +8.4
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 0.2 30 55 8.4 +5.4
SPVU Invesco S&P 500 Enhanced Value ETF 0.2 13 72 10.8 +7.8
RNMC Mid Cap US Equity Select ETF 0.2 60 25 8.9 +5.9
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.2 25 60 9.3 +6.3
ONEY SPDR Russell 1000 Yield Focus ETF 0.2 20 65 10.8 +7.8
FNK First Trust Mid Cap Value AlphaDEX Fund 0.2 70 15 12.0 +8.9
DON WisdomTree U.S. MidCap Dividend Fund 0.2 38 47 9.1 +6.1
SYLD Cambria Shareholder Yield ETF 0.2 59 26 11.8 +8.8
CVY Invesco Zacks Multi-Asset Income ETF 0.2 100 -15 11.8 +8.8
DUSA Davis Select U.S. Equity ETF 0.2 61 24 8.3 +5.3
WBIY WBI Power Factor High Dividend ETF 0.2 100 -15 12.5 +9.5
RDIV Invesco S&P Ultra Dividend Revenue ETF 0.2 39 46 12.1 +9.1
DWLD Davis Select Worldwide ETF 0.2 62 23 6.9 +3.9
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.2 12 73 8.2 +5.2
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.2 58 27 6.4 +3.4
FSMD Fidelity Small-Mid Factor ETF 0.2 29 56 7.9 +4.9
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.1 9 76 4.1 +1.1
SFYX Sofi Next 500 ETF 0.1 0 85 6.1 +3.1
SMMD iShares Russell 2500 ETF 0.1 15 70 6.4 +3.4
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.1 20 65 8.3 +5.3
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.1 29 56 8.6 +5.6
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 57 8.8 +5.8
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -4 4.6 +1.6
EZM WisdomTree U.S. MidCap Earnings Fund 0.1 38 47 10.5 +7.5
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.1 47 38 9.7 +6.7
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 46 6.3 +3.3
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.0 25 60 7.0 +4.0
TEQI T. Rowe Price Equity Income ETF 0.0 54 31 4.8 +1.8
TDVG T. Rowe Price Dividend Growth ETF 0.0 50 35 5.9 +2.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 46 7.2 +4.2
DFSV Dimensional US Small Cap Value ETF 0.0 31 54 9.3 +6.3
AVUV Avantis U.S. Small Cap Value ETF 0.0 25 60 10.4 +7.4
DIHP Dimensional International High Profitability ETF 0.0 29 56 6.7 +3.7
EES WisdomTree SmallCap Earnings Fund 0.0 38 47 11.4 +8.4
TGRW T. Rowe Price Growth Stock ETF 0.0 52 33 5.2 +2.2

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

  2018 2019 2020 2021 2022 2023E 2024E
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
  2022 2023E 2024E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Horizon Kinetics Medical ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.7 %
Divided by: Fwd. P/BV 3.5 x
Less: Expense ratio 85 bp
Equals: ALTAR Score 3.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.48 CATEGORY
AVERAGE		 1.47
 
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.