Global X MLP ETF
ALTAR
Score™		 8.8% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 13.2x P/Sales
ratio		 0.8x
P/BV
ratio		 2.8x Div.
yield		 6.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Global X MLP ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the Solactive MLP Composite Index.

FUND BASICS
Category US Equities
Fund Sponsor Global X Management Co LLC
Website www.globalxfunds.com
Inception date Apr 18, 2012
Assets (mns) $1,920
Currency USD
Expense ratio 45 bp
Distributions Quarterly

FUND STRUCTURE
Regulation C Corporation
Custodian Brown Brothers Harriman & Co
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 20
Wgt avg mkt cap (mns) $28,041
Large cap (>$10bn) 62.8%
Mid cap ($2-10bn) 14.2%
Small cap (<$2bn) 14.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ENERGY TRANSFER, L.P. 12.5 %
ENTERPRISE PRODUCTS PARTNERS 12.3 %
MPLX LP 11.8 %
PLAINS ALL AMER PIPELINE LP 10.0 %
WESTERN GAS EQUITY PARTNERS LP 9.2 %
HESS MIDSTREAM LP - CLASS A 8.7 %
SUNOCO LP 8.6 %
CHENIERE ENERGY PARTNERS LP 7.6 %
USA COMPRESSION PARTNERS LP 5.5 %
GLOBAL PARTNERS LP 4.5 %
Total 90.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 100.0 %










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.
7.9% 19.1% 17.0% 2.4% 3.5%

Market Correlations
versus... Beta R-squared
S&P500 0.70 47%
MSCI EAFE 0.53 27%
MSCI Emg. Mkts. 0.25 6%

Technical Indicators
Recent close $54.16
30d moving avg. $52.82
Annualized volatility 17.5%
Short interest (ETF) 0.1%
Short interest (Underlying) 1.8%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 153
Turnover 0.4%
Bid/Ask (% of price) 0.21%
ADV underlying (mns) $449

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 248 potential alternatives to the Global X MLP ETF ETF based on the alternatives' overlap in portfolio holdings with MLPA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: MLPA Expense: 45 bp ALTAR Score™: 8.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH MLPA
Ticker Fund
Name		 Overlap1
vs MLPA
(%)		 Expense
ratio
(bp)		 Savings
vs MLPA
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs MLPA
(%)
AMLP Alerian MLP ETF 88.9 85 -40 8.5 -0.3
AMZA InfraCap MLP ETF 81.6 164 -119 7.5 -1.3
UMI USCF Midstream Energy Income Fund ETF 28.9 85 -40 4.5 -4.2
ENFR Alerian Energy Infrastructure ETF 28.4 35 10 5.0 -3.8
NDIV Amplify Natural Resources Dividend Income ETF 28.1 59 -14 10.2 +1.4
MLPX Global X MLP & Energy Infrastructure ETF 26.3 45 0 5.0 -3.8
EIPI FT Energy Income Partners Enhanced Income ETF 24.6 110 -65 6.0 -2.8
EMLP First Trust North American Energy Infrastructure Fund 24.0 95 -50 5.1 -3.7
EINC VanEck Energy Income ETF 23.7 48 -3 5.0 -3.8
USAI Pacer American Energy Independence ETF 23.6 75 -30 4.5 -4.3
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 22.1 55 -10 5.5 -3.3
EIPX FT Energy Income Partners Strategy ETF 22.1 95 -50 7.4 -1.4
TPYP Tortoise North American Pipeline Fund 17.0 40 5 5.4 -3.4
ABLD Abacus FCF Real Assets Leaders ETF 15.2 69 -24 5.7 -3.1
TBG TBG Dividend Focus ETF 7.8 59 -14 7.3 -1.5
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 7.7 46 -1 4.9 -3.9
DIV Global X SuperDividend US ETF 7.6 45 0 10.1 +1.3
VRAI Virtus Real Asset Income ETF 7.1 55 -10 7.5 -1.3
CVY Invesco Zacks Multi-Asset Income ETF 7.0 106 -61 10.9 +2.2
RNEW VanEck Green Infrastructure ETF 6.9 45 0 -2.0 -10.7
MBOX Freedom Day Dividend ETF 6.8 39 6 7.4 -1.4
FCG First Trust Natural Gas ETF 5.5 60 -15 17.6 +8.8
ICAP InfraCap Equity Income Fund ETF 4.5 171 -126 5.2 -3.6
DIVZ TrueShares Low Volatility Equity Income ETF 4.3 65 -20 6.6 -2.2
ECML Euclidean Fundamental Value ETF 3.6 95 -50 13.1 +4.4
ECLN First Trust EIP Carbon Impact ETF 3.5 96 -51 4.0 -4.8
PXJ Invesco Oil & Gas Services ETF 2.9 63 -18 6.1 -2.7
FLDZ RiverNorth Patriot ETF 2.6 75 -30 5.9 -2.8
DSTL Distillate US Fundamental Stability & Value ETF 2.5 39 6 8.3 -0.5
BLCV iShares Large Cap Value Active ETF 2.3 53 -8 7.6 -1.2
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 2.2 56 -11 6.3 -2.5
GVIP Goldman Sachs Hedge Industry VIP ETF 2.0 45 0 3.0 -5.8
BFOR ALPS Barron's 400 ETF 1.8 65 -20 6.2 -2.6
PWV Invesco Large Cap Value ETF 1.5 55 -10 7.6 -1.2
SMCF Themes US Small Cap Cash Flow Champions ETF 1.2 29 16 11.8 +3.0
CGV Conductor Global Equity Value ETF 1.2 130 -85 9.2 +0.4
FDLS Inspire Fidelis Multi Factor ETF 1.2 76 -31 5.8 -3.0
KRUZ Unusual Whales Subversive Republican Trading ETF 1.1 75 -30 6.0 -2.8
CZA Invesco Zacks Mid-Cap ETF 1.0 72 -27 5.9 -2.9
FFTY Innovator IBD 50 ETF 1.0 80 -35 -2.5 -11.3
WBIY WBI Power Factor High Dividend ETF 1.0 100 -55 13.4 +4.6
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.9 20 25 5.3 -3.5
PFM Invesco Dividend Achievers ETF 0.6 53 -8 5.3 -3.5
RVRB Reverb ETF 0.4 30 15 2.6 -6.2
THRO iShares U.S. Thematic Rotation Active ETF 0.3 90 -45 4.4 -4.3
FENY Fidelity MSCI Energy Index ETF 0.3 8 37 8.8 +0.0
VDE Vanguard Energy ETF 0.3 10 35 8.8 -0.0
TAX Cambria Tax Aware ETF 0.2 49 -4 8.0 -0.8
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.2 17 28 5.7 -3.1
STXM Strive Mid-Cap ETF 0.1 18 27 3.6 -5.2
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.1 4 41 6.1 -2.7
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 30 8.1 -0.7
TXS Texas Capital Texas Equity Index ETF 0.1 49 -4 5.1 -3.7
PTL Inspire 500 ETF 0.1 9 36 5.4 -3.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 -2 5.7 -3.1
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 24 4.3 -4.5
STXV Strive 1000 Value ETF 0.0 18 27 7.9 -0.9
AVUS Avantis U.S. Equity ETF 0.0 15 30 6.6 -2.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 34 5.5 -3.3
USCF Themes US Cash Flow Champions ETF 0.0 29 16 6.6 -2.1
ACVF American Conservative Values ETF 0.0 75 -30 4.8 -4.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 43 5.5 -3.3
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 45 5.5 -3.3
BLES Inspire Global Hope ETF 0.0 61 -16 6.8 -1.9
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF 0.0 38 7 7.7 -1.1
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF 0.0 35 10 7.7 -1.1
CFA VictoryShares US 500 Volatility Wtd ETF 0.0 35 10 6.5 -2.3
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.0 40 5 6.5 -2.3
DEW WisdomTree Global High Dividend Fund 0.0 58 -13 7.7 -1.1
DGRW WisdomTree US Quality Dividend Growth Fund 0.0 28 17 5.7 -3.1
DHS WisdomTree U.S. High Dividend Fund 0.0 38 7 7.8 -1.0
DLN WisdomTree U.S. LargeCap Dividend Fund 0.0 28 17 5.9 -2.9
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 17 6.2 -2.6
EPS WisdomTree U.S. LargeCap Fund 0.0 8 37 6.4 -2.4
FLV American Century Focused Large Cap Value ETF 0.0 42 3 7.0 -1.8
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.0 9 36 6.5 -2.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.0 9 36 5.8 -2.9
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 38 5.4 -3.4
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.0 9 36 5.0 -3.8
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 30 2.8 -6.0
JHML John Hancock Multifactor Large Cap ETF 0.0 29 16 6.0 -2.8
JHMM John Hancock Multifactor Mid Cap ETF 0.0 42 3 6.5 -2.3
JHSC John Hancock Multifactor Small Cap ETF 0.0 42 3 6.9 -1.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.0 24 21 7.6 -1.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 25 5.3 -3.5
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 36 5.6 -3.2
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 31 5.3 -3.5
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.0 27 18 6.1 -2.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 16 6.6 -2.1
NUDV Nuveen ESG Dividend ETF 0.0 26 19 6.7 -2.1
NULC Nuveen ESG Large-Cap ETF 0.0 21 24 5.0 -3.7
NULV Nuveen ESG Large-Cap Value ETF 0.0 26 19 6.2 -2.6
SHUS Syntax Stratified U.S. Total Market Hedged ETF 0.0 65 -20 5.7 -3.1
SNPE Xtrackers S&P 500 ESG ETF 0.0 10 35 5.4 -3.4
SPXN ProShares S&P 500 Ex-Financials ETF 0.0 9 36 5.0 -3.8
SPXT ProShares S&P 500 Ex-Technology ETF 0.0 9 36 5.8 -3.0
SPXV ProShares S&P 500 Ex-Health Care ETF 0.0 9 36 4.1 -4.7
SSPY Syntax Stratified LargeCap ETF 0.0 30 15 7.1 -1.7
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 20 6.0 -2.8
TPHD Timothy Plan High Dividend Stock ETF 0.0 52 -7 6.9 -1.9
TPHE Timothy Plan High Dividend Stock Enhanced ETF 0.0 54 -9 6.9 -1.9
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.0 52 -7 5.6 -3.1
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.0 58 -13 5.6 -3.2
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.0 10 35 5.3 -3.5
VFMF Vanguard U.S. Multifactor ETF 0.0 18 27 8.5 -0.3
VFMO Vanguard U.S. Momentum Factor ETF 0.0 13 32 3.4 -5.4
VFMV Vanguard U.S. Minimum Volatility ETF 0.0 13 32 5.5 -3.3
VFVA Vanguard U.S. Value Factor ETF 0.0 13 32 11.7 +2.9
VOTE TCW Transform 500 ETF 0.0 5 40 5.4 -3.4
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.0 25 20 6.5 -2.3
SNPG Xtrackers S&P 500 Growth ESG ETF 0.0 15 30 4.5 -4.3
SNPV Xtrackers S&P 500 Value ESG ETF 0.0 15 30 5.4 -3.4
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.0 7 38 5.2 -3.5
JHDV John Hancock U.S. High Dividend ETF 0.0 34 11 6.3 -2.5
IQRA IQ CBRE Real Assets ETF 0.0 65 -20 2.7 -6.1
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 33 6.8 -2.0
SDOG ALPS Sector Dividend Dogs ETF 0.0 36 9 9.3 +0.6
DCOR Dimensional US Core Equity 1 ETF 0.0 14 31 5.9 -2.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 28 6.2 -2.5
DFAS Dimensional U.S. Small Cap ETF 0.0 26 19 6.9 -1.9
DFAU Dimensional US Core Equity Market ETF 0.0 12 33 5.7 -3.1
DFLV Dimensional US Large Cap Value ETF 0.0 22 23 8.8 0.0
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 27 5.8 -3.0
DFUS Dimensional U.S. Equity ETF 0.0 9 36 5.5 -3.3
DFUV Dimensional US Marketwide Value ETF 0.0 22 23 8.5 -0.3
DFVX Dimensional US Large Cap Vector ETF 0.0 22 23 6.6 -2.2
AFLG First Trust Active Factor Large Cap ETF 0.0 55 -10 6.9 -1.9
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 0.0 60 -15 5.7 -3.1
DVLU First Trust Dorsey Wright Momentum & Value ETF 0.0 60 -15 7.1 -1.7
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 0.0 60 -15 4.0 -4.8
FAB First Trust Multi Cap Value AlphaDEX Fund 0.0 67 -22 10.1 +1.3
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.0 65 -20 2.8 -5.9
FDL First Trust Morningstar Dividend Leaders Index Fund 0.0 45 0 9.2 +0.4
FEX First Trust Large Cap Core AlphaDEX Fund 0.0 59 -14 7.1 -1.7
FTA First Trust Large Cap Value AlphaDEX Fund 0.0 59 -14 9.4 +0.7
FTXN First Trust Nasdaq Oil & Gas ETF 0.0 60 -15 11.6 +2.8
FXN First Trust Energy AlphaDEX Fund 0.0 62 -17 13.7 +4.9
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF 0.0 50 -5 8.3 -0.5
RBLD First Trust Alerian US NextGen Infrastructure ETF 0.0 65 -20 5.9 -2.9
DURA VanEck Durable High Dividend ETF 0.0 29 16 8.5 -0.3
HAP VanEck Natural Resources ETF 0.0 50 -5 10.0 +1.3
CATH Global X S&P 500 Catholic Values Custom ETF 0.0 29 16 5.1 -3.7
KRMA Global X Conscious Companies ETF 0.0 43 2 6.1 -2.7
DIVG Invesco S&P 500 High Dividend Growers ETF 0.0 39 6 5.3 -3.5
EQAL Invesco Russell 1000 Equal Weight ETF 0.0 20 25 7.0 -1.8
IUS Invesco RAFI Strategic US ETF 0.0 19 26 7.3 -1.5
IVRA Invesco Real Assets ESG ETF 0.0 59 -14 3.5 -5.3
KLMN Invesco MSCI North America Climate ETF 0.0 9 36 5.3 -3.5
KLMT Invesco MSCI Global Climate 500 ETF 0.0 10 35 6.1 -2.7
PBUS Invesco MSCI USA ETF 0.0 4 41 5.4 -3.4
PDP Invesco Dorsey Wright Momentum ETF 0.0 62 -17 3.6 -5.2
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 6 7.5 -1.3
PUI Invesco Dorsey Wright Utilities Momentum ETF 0.0 60 -15 5.4 -3.4
QVML Invesco S&P 500 QVM Multi-factor ETF 0.0 11 34 5.4 -3.4
RDIV Invesco S&P Ultra Dividend Revenue ETF 0.0 39 6 10.3 +1.5
RSP Invesco S&P 500 Equal Weight ETF 0.0 20 25 6.8 -2.0
RSPG Invesco S&P 500 Equal Weight Energy ETF 0.0 40 5 10.1 +1.4
RWL Invesco S&P 500 Revenue ETF 0.0 39 6 7.5 -1.3
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 0.0 30 15 7.4 -1.4
SPMO Invesco S&P 500 Momentum ETF 0.0 13 32 4.2 -4.6
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 20 7.6 -1.2
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 20 7.8 -1.0
SCHB Schwab U.S. Broad Market ETF 0.0 3 42 5.4 -3.4
SCHD Schwab US Dividend Equity ETF 0.0 6 39 9.4 +0.6
SCHK Schwab 1000 Index ETF 0.0 5 40 5.5 -3.3
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 41 7.0 -1.7
SCHX Schwab U.S. Large-Cap ETF 0.0 3 42 5.5 -3.3
ACWI iShares MSCI ACWI ETF 0.0 32 13 6.1 -2.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.0 20 25 6.3 -2.5
DIVB iShares Core Dividend ETF 0.0 5 40 7.7 -1.1
DSI iShares MSCI KLD 400 Social ETF 0.0 25 20 5.2 -3.6
DVY iShares Select Dividend ETF 0.0 38 7 9.2 +0.5
ESGU iShares ESG Aware MSCI USA ETF 0.0 15 30 5.5 -3.3
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.0 18 27 4.9 -3.9
EUSA iShares MSCI USA Equal Weighted ETF 0.0 9 36 6.4 -2.4
EVUS iShares ESG Aware MSCI USA Value ETF 0.0 18 27 6.4 -2.4
HDV iShares Core High Dividend ETF 0.0 8 37 6.7 -2.0
IFRA iShares U.S. Infrastructure ETF 0.0 30 15 6.8 -1.9
IGE iShares North American Natural Resources ETF 0.0 41 4 7.7 -1.1
IGF iShares Global Infrastructure ETF 0.0 41 4 4.9 -3.9
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 42 5.4 -3.4
ILCV iShares Morningstar Value ETF 0.0 4 41 6.8 -1.9
IMCB iShares Morningstar Mid-Cap ETF 0.0 4 41 6.0 -2.8
IMCV iShares Morningstar Mid-Cap Value ETF 0.0 6 39 7.9 -0.9
INRO iShares U.S. Industry Rotation Active ETF 0.0 42 3 4.1 -4.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 42 5.3 -3.4
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 41 4.8 -4.0
IUSV iShares Core S&P US Value ETF 0.0 4 41 6.7 -2.1
IVE iShares S&P 500 Value ETF 0.0 18 27 6.5 -2.3
IVV iShares Core S&P 500 ETF 0.0 3 42 5.6 -3.1
IVW iShares S&P 500 Growth ETF 0.0 18 27 4.6 -4.2
IWB iShares Russell 1000 ETF 0.0 15 30 5.4 -3.4
IWD iShares Russell 1000 Value ETF 0.0 19 26 6.7 -2.1
IWR iShares Russell Midcap ETF 0.0 19 26 5.8 -3.0
IWS iShares Russell Mid-Cap Value ETF 0.0 23 22 6.5 -2.3
IWV iShares Russell 3000 ETF 0.0 20 25 5.2 -3.6
IXC iShares Global Energy ETF 0.0 44 1 9.8 +1.1
IYE iShares U.S. Energy ETF 0.0 40 5 8.6 -0.2
IYY iShares Dow Jones U.S. ETF 0.0 20 25 5.3 -3.5
SIZE iShares MSCI USA Size Factor ETF 0.0 15 30 6.2 -2.6
SUSA iShares MSCI USA ESG Select ETF 0.0 25 20 5.0 -3.8
SUSL iShares ESG MSCI USA Leaders ETF 0.0 10 35 5.3 -3.5
TOK iShares MSCI Kokusai ETF 0.0 26 19 5.0 -3.8
URTH iShares MSCI World ETF 0.0 24 21 5.5 -3.3
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.0 8 37 5.3 -3.5
XVV iShares ESG Screened S&P 500 ETF 0.0 8 37 5.3 -3.5
GII SPDR S&P Global Infrastructure ETF 0.0 40 5 4.9 -3.9
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 33 4.4 -4.4
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 30 6.1 -2.7
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 15 6.0 -2.8
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.0 5 40 7.1 -1.7
SPLG SPDR Portfolio S&P 500 ETF 0.0 2 43 5.5 -3.3
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.0 3 42 5.7 -3.1
SPY SPDR S&P 500 ETF Trust 0.0 9 36 5.6 -3.2
SPYD SPDR Portfolio S&P 500 High Dividend ETF 0.0 7 38 8.2 -0.6
SPYG SPDR Portfolio S&P 500 Growth ETF 0.0 4 41 4.7 -4.1
SPYV SPDR Portfolio S&P 500 Value ETF 0.0 4 41 6.6 -2.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.0 20 25 5.2 -3.6
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 33 7.5 -1.3
XLE Energy Select Sector SPDR Fund 0.0 8 37 8.6 -0.1
AIEQ AI Powered Equity ETF 0.0 75 -30 4.1 -4.6
GSPY Gotham Enhanced 500 ETF 0.0 50 -5 5.7 -3.1
MAGA Point Bridge America First ETF 0.0 72 -27 7.7 -1.1
NACP Impact Shares NAACP Minority Empowerment ETF 0.0 49 -4 4.9 -3.8
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.0 60 -15 4.7 -4.1
SFY SoFi Select 500 ETF 0.0 0 45 5.0 -3.8
STRV Strive 500 ETF 0.0 5 40 5.4 -3.4
STXG Strive 1000 Growth ETF 0.0 18 27 4.0 -4.8
FTWO Strive FAANG 2.0 ETF 0.0 49 -4 5.1 -3.7
BGIG Bahl & Gaynor Income Growth ETF 0.0 45 0 5.4 -3.4
LIVR Intelligent Livermore ETF 0.0 69 -24 8.2 -0.6
XMAG Defiance Large Cap ex-Mag 7 ETF 0.0 35 10 4.5 -4.3
BRIF FIS Bright Portfolios Focused Equity ETF 0.0 65 -20 4.9 -3.9
VO Vanguard Mid-Cap ETF 0.0 4 41 5.6 -3.2
VOE Vanguard Mid-Cap Value ETF 0.0 7 38 7.2 -1.6
VONE Vanguard Russell 1000 ETF 0.0 8 37 5.5 -3.3
VONV Vanguard Russell 1000 Value ETF 0.0 8 37 6.8 -2.0
VOO Vanguard S&P 500 ETF 0.0 3 42 5.7 -3.1
VOOG Vanguard S&P 500 Growth ETF 0.0 10 35 4.6 -4.1
VOOV Vanguard S&P 500 Value ETF 0.0 10 35 6.6 -2.2
VT Vanguard Total World Stock ETF 0.0 7 38 6.4 -2.4
VTHR Vanguard Russell 3000 ETF 0.0 10 35 5.3 -3.5
VTI Vanguard Total Stock Market ETF 0.0 3 42 5.3 -3.5
VTV Vanguard Value ETF 0.0 4 41 7.3 -1.5
VV Vanguard Large-Cap ETF 0.0 4 41 5.4 -3.4
VYM Vanguard High Dividend Yield Index ETF 0.0 6 39 7.3 -1.5
AVSC Avantis U.S Small Cap Equity ETF 0.0 25 20 6.6 -2.2
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.0 47 -2 9.8 +1.0

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:		 Global X MLP 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 25.7 %
Divided by: Fwd. P/BV 2.8 x
Less: Expense ratio 45 bp
Equals: ALTAR Score 8.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.63 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.