Global X MLP & Energy Infrastructure ETF
ALTAR
Score™		 4.7% info Recommen-
dation		 UNDERWEIGHT
2024E    2025E
P/E
ratio		 15.3x P/Sales
ratio		 0.9x
P/BV
ratio		 2.7x Div.
yield		 5.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Global X MLP & Energy Infrastructure ETF is an exchange-traded fund incorporated in the USA. The ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP & Energy Infrastructure Index.

FUND BASICS
Category US Equities
Fund Sponsor Global X Management Co LLC
Website www.globalxfunds.com
Inception date Aug 06, 2013
Assets (mns) $1,093
Currency USD
Expense ratio 45 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Brown Brothers Harriman
Weighting Tiered
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 25
Wgt avg mkt cap (mns) $33,526
Large cap (>$10bn) 79.4%
Mid cap ($2-10bn) 18.2%
Small cap (<$2bn) 2.4%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
WILLIAMS COS INC 9.4 %
ONEOK INC 9.3 %
ENBRIDGE INC 8.6 %
TRANSCANADA CORP 6.8 %
KINDER MORGAN INC 6.6 %
CHENIERE ENERGY INC 6.5 %
TARGA RESOURCES CORP 5.2 %
ENERGY TRANSFER, L.P. 4.5 %
PLAINS ALL AMER PIPELINE LP 4.5 %
ENTERPRISE PRODUCTS PARTNERS 4.4 %
Total 65.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 80.1 %
CANADA 19.5 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
4.1% 23.0% 9.9% 4.6% 5.8%

Market Correlations
versus... Beta R-squared
S&P500 0.72 40%
MSCI EAFE 0.72 38%
MSCI Emg. Mkts. 0.52 21%

Technical Indicators
Recent close $49.31
30d moving avg. $43.78
Annualized volatility 20.1%
Short interest (ETF) 0.8%
Short interest (Underlying) 2.6%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 355
Turnover 1.6%
Bid/Ask (% of price) 0.08%
ADV underlying (mns) $2,248

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 454 potential alternatives to the Global X MLP & Energy Infrastructure ETF ETF based on the alternatives' overlap in portfolio holdings with MLPX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: MLPX Expense: 45 bp ALTAR Score™: 4.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH MLPX
Ticker Fund
Name		 Overlap1
vs MLPX
(%)		 Expense
ratio
(bp)		 Savings
vs MLPX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs MLPX
(%)
EINC VanEck Energy Income ETF 85.8 48 -3 4.5 -0.2
TPYP Tortoise North American Pipeline Fund 62.9 40 5 5.3 +0.7
USAI Pacer American Energy Independence ETF 60.2 75 -30 4.1 -0.6
UMI USCF Midstream Energy Income Fund ETF 59.5 85 -40 4.5 -0.2
ENFR Alerian Energy Infrastructure ETF 57.9 35 10 4.8 +0.2
EMLP First Trust North American Energy Infrastructure Fund 39.6 95 -50 5.4 +0.7
AMZA InfraCap MLP ETF 37.5 164 -119 3.3 -1.4
AMLP Alerian MLP ETF 27.4 85 -40 4.5 -0.1
MLPA Global X MLP ETF 27.4 45 0 4.9 +0.3
NDIV Amplify Natural Resources Dividend Income ETF 24.0 59 -14 9.7 +5.0
IVRA Invesco Real Assets ESG ETF 20.6 59 -14 7.1 +2.4
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 20.0 46 -1 5.6 +0.9
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 18.6 69 -24 8.3 +3.6
RSPG Invesco S&P 500 Equal Weight Energy ETF 17.2 40 5 7.2 +2.5
FTXN First Trust Nasdaq Oil & Gas ETF 15.3 60 -15 7.1 +2.5
ECLN First Trust EIP Carbon Impact ETF 13.7 96 -51 5.3 +0.6
IGE iShares North American Natural Resources ETF 12.9 41 4 6.4 +1.7
FXN First Trust Energy AlphaDEX Fund 11.8 62 -17 3.4 -1.3
IGF iShares Global Infrastructure ETF 11.7 41 4 5.0 +0.3
GII SPDR S&P Global Infrastructure ETF 11.7 40 5 5.0 +0.3
WBIY WBI Power Factor High Dividend ETF 10.9 100 -55 11.0 +6.3
FENY Fidelity MSCI Energy Index ETF 10.8 8 37 6.8 +2.1
VDE Vanguard Energy ETF 10.6 10 35 6.8 +2.1
GLIF AGF Global Infrastructure ETF 10.5 45 0 5.5 +0.8
IYE iShares U.S. Energy ETF 10.5 40 5 6.5 +1.8
PXI Invesco Dorsey Wright Energy Momentum ETF 9.7 60 -15 7.2 +2.5
XLE Energy Select Sector SPDR Fund 9.3 9 36 6.9 +2.3
LNGG Roundhill Alerian LNG ETF 8.6 65 -20 8.5 +3.9
ICAP InfraCap Equity Income Fund ETF 8.5 171 -126 6.8 +2.1
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 8.3 55 -10 3.6 -1.0
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 8.0 30 15 9.1 +4.4
NVIR Horizon Kinetics Energy and Remediation ETF 7.6 85 -40 1.9 -2.7
IFRA iShares U.S. Infrastructure ETF 6.8 30 15 6.3 +1.6
RFDA RiverFront Dynamic US Dividend Advantage ETF 6.3 52 -7 6.3 +1.7
SDOG ALPS Sector Dividend Dogs ETF 6.1 36 9 9.5 +4.8
DIV Global X SuperDividend US ETF 5.5 45 0 7.8 +3.2
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 5.4 60 -15 6.4 +1.7
IXC iShares Global Energy ETF 5.3 44 1 8.2 +3.5
MBOX Freedom Day Dividend ETF 5.2 39 6 7.7 +3.0
YLDE ClearBridge Dividend Strategy ESG ETF 5.2 60 -15 5.4 +0.8
RBLD First Trust Alerian US NextGen Infrastructure ETF 5.2 65 -20 5.1 +0.4
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 5.1 60 -15 7.7 +3.0
RNEW VanEck Green Infrastructure ETF 5.0 45 0 -0.4 -5.1
VRAI Virtus Real Asset Income ETF 4.9 55 -10 8.6 +3.9
TXS Texas Capital Texas Equity Index ETF 4.9 49 -4 5.6 +0.9
FLDZ RiverNorth Patriot ETF 4.9 75 -30 5.8 +1.1
DIVY Sound Equity Dividend Income ETF 4.6 45 0 10.5 +5.8
PWV Invesco Large Cap Value ETF 4.5 55 -10 7.6 +2.9
AIVL WisdomTree U.S. AI Enhanced Value Fund 4.5 38 7 6.7 +2.1
SPYD SPDR Portfolio S&P 500 High Dividend ETF 4.3 7 38 9.4 +4.7
UPGD Invesco Bloomberg Analyst Rating Improvers ETF 4.3 40 5 6.0 +1.3
TPHE Timothy Plan High Dividend Stock Enhanced ETF 4.2 54 -9 6.2 +1.5
TPHD Timothy Plan High Dividend Stock ETF 4.2 52 -7 6.2 +1.5
CVY Invesco Zacks Multi-Asset Income ETF 4.2 106 -61 8.9 +4.2
SPDV AAM S&P 500 High Dividend Value ETF 4.2 29 16 10.5 +5.8
CSD Invesco S&P Spin-Off ETF 4.1 65 -20 7.9 +3.2
PUI Invesco Dorsey Wright Utilities Momentum ETF 4.0 60 -15 6.2 +1.5
GVIP Goldman Sachs Hedge Industry VIP ETF 4.0 45 0 4.6 -0.0
IQRA IQ CBRE Real Assets ETF 3.8 65 -20 5.9 +1.2
MAGA Point Bridge America First ETF 3.7 72 -27 6.3 +1.6
AIEQ AI Powered Equity ETF 3.7 75 -30 6.1 +1.4
PID Invesco International Dividend Achievers ETF 3.7 53 -8 6.7 +2.0
FDL First Trust Morningstar Dividend Leaders Index Fund 3.6 45 0 9.7 +5.1
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF 3.4 38 7 8.3 +3.6
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF 3.4 35 10 8.3 +3.7
DIP BTD Capital Fund 3.3 129 -84 5.0 +0.3
IMCV iShares Morningstar Mid-Cap Value ETF 3.3 6 39 7.9 +3.3
BGIG Bahl & Gaynor Income Growth ETF 3.2 45 0 5.3 +0.6
USVT US Value ETF 3.2 49 -4 11.3 +6.6
DIVZ TrueShares Low Volatility Equity Income ETF 3.0 65 -20 8.6 +3.9
DHS WisdomTree U.S. High Dividend Fund 3.0 38 7 8.8 +4.1
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.9 85 -40 4.9 +0.2
SUSA iShares MSCI USA ESG Select ETF 2.9 25 20 5.4 +0.7
XMLV Invesco S&P MidCap Low Volatility ETF 2.9 25 20 6.8 +2.2
AUSF Global X Adaptive U.S. Factor ETF 2.8 27 18 9.0 +4.3
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 2.8 49 -4 4.8 +0.1
CNRG SPDR S&P Kensho Clean Power ETF 2.8 45 0 -7.5 -12.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 2.8 47 -2 5.9 +1.3
DURA VanEck Durable High Dividend ETF 2.7 29 16 7.3 +2.6
HDV iShares Core High Dividend ETF 2.7 8 37 8.1 +3.4
FOVL iShares Focused Value Factor ETF 2.6 25 20 10.1 +5.5
JHDV John Hancock U.S. High Dividend ETF 2.5 34 11 6.5 +1.8
FDVV Fidelity High Dividend ETF 2.5 15 30 8.9 +4.3
NUMV Nuveen ESG Mid-Cap Value ETF 2.4 31 14 7.4 +2.7
HAP VanEck Natural Resources ETF 2.4 50 -5 9.5 +4.8
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 2.3 20 25 4.5 -0.2
BMVP Invesco Bloomberg MVP Multi-factor ETF 2.3 29 16 8.1 +3.5
DBLV AdvisorShares DoubleLine Value Equity ETF 2.3 90 -45 7.5 +2.8
COWS Amplify Cash Flow Dividend Leaders ETF 2.3 0 45 10.6 +5.9
RPG Invesco S&P 500 Pure Growth ETF 2.3 35 10 3.4 -1.2
FTA First Trust Large Cap Value AlphaDEX Fund 2.2 59 -14 8.2 +3.5
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 2.2 25 20 5.8 +1.1
SPLV Invesco S&P 500 Low Volatility ETF 2.2 25 20 5.7 +1.0
ALTL Pacer Lunt Large Cap Alternator ETF 2.2 60 -15 5.3 +0.7
IWP iShares Russell Mid-Cap Growth ETF 2.2 23 22 3.8 -0.9
ECML Euclidean Fundamental Value ETF 2.2 95 -50 8.7 +4.0
PDP Invesco Dorsey Wright Momentum ETF 2.1 62 -17 3.7 -1.0
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 2.1 75 -30 4.9 +0.2
GURU Global X Guru Index ETF 2.1 75 -30 2.5 -2.2
VCLN Virtus Duff & Phelps Clean Energy ETF 2.1 59 -14 3.5 -1.2
SMRI Bushido Capital US Equity ETF 2.1 71 -26 10.2 +5.6
FLOW Global X U.S. Cash Flow Kings 100 ETF 2.1 25 20 11.1 +6.4
COWZ Pacer US Cash Cows 100 ETF 2.0 49 -4 11.0 +6.3
FCPI Fidelity Stocks for Inflation ETF 2.0 15 30 8.6 +3.9
BFOR ALPS Barron's 400 ETF 2.0 65 -20 6.6 +1.9
IMCB iShares Morningstar Mid-Cap ETF 2.0 4 41 6.1 +1.4
ESMV iShares ESG MSCI USA Min Vol Factor ETF 2.0 18 27 6.3 +1.7
RUFF Alpha Dog ETF 2.0 94 -49 4.8 +0.1
FLLV Franklin U.S. Low Volatility ETF 2.0 29 16 5.9 +1.2
SCHD Schwab US Dividend Equity ETF 2.0 6 39 9.6 +4.9
HUSV First Trust Horizon Managed Volatility Domestic ETF 2.0 70 -25 5.0 +0.3
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 1.9 24 21 8.0 +3.3
SCAP InfraCap Small Cap Income ETF 1.9 135 -90 7.2 +2.6
SPVM Invesco S&P 500 Value with Momentum ETF 1.7 39 6 8.4 +3.7
EQAL Invesco Russell 1000 Equal Weight ETF 1.7 20 25 6.0 +1.3
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 1.7 58 -13 5.4 +0.7
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 1.7 52 -7 5.4 +0.7
IEZ iShares U.S. Oil Equipment & Services ETF 1.7 40 5 2.3 -2.4
PXJ Invesco Oil & Gas Services ETF 1.7 63 -18 2.8 -1.9
XES SPDR S&P Oil & Gas Equipment & Services ETF 1.7 35 10 -0.9 -5.6
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF 1.7 12 33 5.5 +0.8
RFFC ALPS Active Equity Opportunity ETF 1.7 48 -3 4.5 -0.2
DVY iShares Select Dividend ETF 1.7 38 7 9.1 +4.4
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 1.7 30 15 12.3 +7.7
DEW WisdomTree Global High Dividend Fund 1.6 58 -13 9.1 +4.4
VOE Vanguard Mid-Cap Value ETF 1.6 7 38 7.4 +2.7
BIBL Inspire 100 ETF 1.6 35 10 4.8 +0.1
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 1.6 56 -11 6.3 +1.6
FPAG FPA Global Equity ETF 1.6 49 -4 5.7 +1.0
IWR iShares Russell Midcap ETF 1.6 19 26 5.7 +1.0
FCG First Trust Natural Gas ETF 1.6 60 -15 9.2 +4.6
JOET Virtus Terranova US Quality Momentum ETF 1.6 29 16 5.2 +0.5
SMOT VanEck Morningstar SMID Moat ETF 1.5 49 -4 6.3 +1.7
SPGP Invesco S&P 500 GARP ETF 1.5 34 11 8.5 +3.8
FDMO Fidelity Momentum Factor ETF 1.5 15 30 3.7 -1.0
AMID Argent Mid Cap ETF Argent Mid Cap ETF 1.5 52 -7 7.0 +2.3
NULV Nuveen ESG Large-Cap Value ETF 1.5 26 19 7.1 +2.5
NTZG Nuveen Global Net Zero Transition ETF 1.5 56 -11 4.9 +0.2
NULC Nuveen ESG Large-Cap ETF 1.4 21 24 5.5 +0.8
AVUV Avantis U.S. Small Cap Value ETF 1.4 25 20 10.0 +5.4
FEX First Trust Large Cap Core AlphaDEX Fund 1.4 59 -14 5.6 +0.9
KRUZ Unusual Whales Subversive Republican Trading ETF 1.4 75 -30 4.9 +0.3
VO Vanguard Mid-Cap ETF 1.4 4 41 5.8 +1.2
AVLV Avantis U.S. Large Cap Value ETF 1.4 15 30 7.5 +2.8
EVUS iShares ESG Aware MSCI USA Value ETF 1.4 18 27 6.7 +2.0
DON WisdomTree U.S. MidCap Dividend Fund 1.4 38 7 8.6 +3.9
SMLF iShares U.S. SmallCap Equity Factor ETF 1.4 15 30 5.8 +1.1
JHSC John Hancock Multifactor Small Cap ETF 1.4 42 3 6.2 +1.5
SXQG ETC 6 Meridian Quality Growth ETF 1.3 100 -55 4.4 -0.3
WDIV SPDR S&P Global Dividend ETF 1.3 40 5 10.2 +5.6
IWS iShares Russell Mid-Cap Value ETF 1.3 23 22 6.6 +1.9
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 1.3 35 10 9.0 +4.4
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF 1.3 50 -5 7.9 +3.2
MOTE VanEck Morningstar ESG Moat ETF 1.3 49 -4 5.2 +0.5
FAB First Trust Multi Cap Value AlphaDEX Fund 1.3 67 -22 9.2 +4.6
ESGS Columbia U.S. ESG Equity Income ETF 1.3 35 10 6.3 +1.6
DUHP Dimensional US High Profitability ETF 1.2 21 24 7.0 +2.3
DVLU First Trust Dorsey Wright Momentum & Value ETF 1.2 60 -15 10.2 +5.5
PSET Principal Quality ETF 1.2 15 30 5.7 +1.0
FVD First Trust Value Line Dividend Index Fund 1.2 65 -20 6.0 +1.3
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 1.2 29 16 9.1 +4.4
VBK Vanguard Small-Cap Growth ETF 1.2 7 38 1.5 -3.2
WCEO Hypatia Women CEO ETF 1.2 85 -40 5.2 +0.5
DSTL Distillate US Fundamental Stability & Value ETF 1.1 39 6 7.8 +3.1
VOT Vanguard Mid-Cap Growth ETF 1.1 7 38 4.2 -0.5
XSMO Invesco S&P SmallCap Momentum ETF 1.1 39 6 7.8 +3.1
VYM Vanguard High Dividend Yield Index ETF 1.1 6 39 7.3 +2.7
JPUS JPMorgan Diversified Return U.S. Equity ETF 1.1 18 27 7.6 +2.9
RAYD Rayliant Quantitative Developed Market Equity ETF 1.1 80 -35 4.5 -0.2
SYLD Cambria Shareholder Yield ETF 1.1 59 -14 11.5 +6.9
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.1 65 -20 3.8 -0.9
XMMO Invesco S&P MidCap Momentum ETF 1.1 34 11 5.1 +0.4
CFA VictoryShares US 500 Volatility Wtd ETF 1.1 35 10 6.0 +1.3
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 1.1 40 5 5.9 +1.2
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 1.0 9 36 6.0 +1.3
BLES Inspire Global Hope ETF 1.0 61 -16 6.3 +1.6
KRMA Global X Conscious Companies ETF 1.0 43 2 5.8 +1.1
SSPY Syntax Stratified LargeCap ETF 1.0 30 15 6.5 +1.8
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 1.0 60 -15 4.4 -0.3
AVUS Avantis U.S. Equity ETF 1.0 15 30 6.0 +1.4
STXV Strive 1000 Value ETF 1.0 18 27 7.8 +3.1
NUDV Nuveen ESG Dividend ETF 1.0 26 19 7.5 +2.8
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 1.0 15 30 6.4 +1.8
ESGU iShares ESG Aware MSCI USA ETF 1.0 15 30 5.2 +0.5
JHMM John Hancock Multifactor Mid Cap ETF 1.0 42 3 6.6 +1.9
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.9 17 28 5.4 +0.8
EUSA iShares MSCI USA Equal Weighted ETF 0.9 9 36 6.1 +1.5
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.9 20 25 8.0 +3.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.9 20 25 5.6 +0.9
FLRG Fidelity U.S. Multifactor ETF 0.9 15 30 7.7 +3.0
VXF Vanguard Extended Market ETF 0.9 6 39 3.9 -0.8
DTD WisdomTree U.S. Total Dividend Fund 0.9 28 17 6.5 +1.8
RSP Invesco S&P 500 Equal Weight ETF 0.9 20 25 6.2 +1.5
VB Vanguard Small-Cap ETF 0.9 5 40 5.4 +0.7
STXK Strive Small-Cap ETF 0.9 18 27 5.5 +0.8
SUSL iShares ESG MSCI USA Leaders ETF 0.9 10 35 5.1 +0.5
RVRB Reverb ETF 0.9 30 15 5.0 +0.3
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.9 60 -15 6.7 +2.0
GCOW Pacer Global Cash Cows Dividend ETF 0.8 60 -15 13.6 +8.9
SIZE iShares MSCI USA Size Factor ETF 0.8 15 30 6.0 +1.3
LSAF LeaderShares AlphaFactor US Core Equity ETF 0.8 75 -30 6.7 +2.0
DLN WisdomTree U.S. LargeCap Dividend Fund 0.8 28 17 6.2 +1.6
IUS Invesco RAFI Strategic US ETF 0.8 19 26 7.3 +2.6
KOCG FIS Knights of Columbus Global Belief ETF 0.8 75 -30 5.3 +0.6
DFAC Dimensional U.S. Core Equity 2 ETF 0.8 17 28 5.7 +1.0
FSST Fidelity Sustainable U.S. Equity ETF 0.8 59 -14 4.9 +0.3
ISCV iShares Morningstar Small Cap Value ETF 0.8 6 39 8.1 +3.5
VFVA Vanguard U.S. Value Factor ETF 0.8 13 32 10.6 +5.9
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.8 10 35 5.2 +0.5
PRF Invesco FTSE RAFI US 1000 ETF 0.8 39 6 7.3 +2.6
IMCG iShares Morningstar Mid-Cap Growth ETF 0.8 6 39 4.3 -0.4
VFMV Vanguard U.S. Minimum Volatility ETF 0.8 13 32 5.4 +0.7
FDLO Fidelity Low Volatility Factor ETF 0.8 15 30 5.5 +0.8
PY Principal Value ETF 0.7 15 30 7.5 +2.9
DIVB iShares Core Dividend ETF 0.7 5 40 8.0 +3.3
ONEO SPDR Russell 1000 Momentum Focus ETF 0.7 20 25 7.1 +2.4
ILCV iShares Morningstar Value ETF 0.7 4 41 6.7 +2.0
VLU SPDR S&P 1500 Value Tilt ETF 0.7 12 33 7.1 +2.5
XJH iShares ESG Screened S&P Mid-Cap ETF 0.7 12 33 6.8 +2.2
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 0.7 35 10 7.2 +2.5
FQAL Fidelity Quality Factor ETF 0.7 15 30 5.9 +1.2
FYC First Trust Small Cap Growth AlphaDEX Fund 0.7 71 -26 0.9 -3.8
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.7 15 30 7.1 +2.4
DGT SPDR Global Dow ETF 0.7 50 -5 6.7 +2.0
SFY SoFi Select 500 ETF 0.7 0 45 5.2 +0.5
DES WisdomTree U.S. SmallCap Dividend Fund 0.7 38 7 8.1 +3.5
ONEY SPDR Russell 1000 Yield Focus ETF 0.7 20 25 10.0 +5.3
GVLU Gotham 1000 Value ETF 0.7 50 -5 7.4 +2.7
IJK iShares S&P Mid-Cap 400 Growth ETF 0.7 17 28 5.8 +1.1
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.7 15 30 5.8 +1.1
AFSM First Trust Active Factor Small Cap ETF 0.7 75 -30 7.6 +3.0
IWD iShares Russell 1000 Value ETF 0.7 19 26 6.6 +1.9
MDY SPDR S&P Midcap 400 ETF Trust 0.7 23 22 6.8 +2.1
VBR Vanguard Small Cap Value ETF 0.7 7 38 8.2 +3.5
DFAS Dimensional U.S. Small Cap ETF 0.6 26 19 6.0 +1.3
IVOO Vanguard S&P Mid-Cap 400 ETF 0.6 10 35 6.9 +2.2
SMDY Syntax Stratified MidCap ETF 0.6 35 10 6.3 +1.6
IJH iShares Core S&P Mid-Cap ETF 0.6 5 40 6.9 +2.3
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.6 3 42 7.0 +2.3
SELV SEI Enhanced Low Volatility U.S. Large Cap ETF 0.6 15 30 6.9 +2.3
VTV Vanguard Value ETF 0.6 4 41 7.0 +2.3
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.6 80 -35 6.5 +1.9
RNMC First Trust Mid Cap US Equity Select ETF 0.6 60 -15 7.9 +3.2
VONV Vanguard Russell 1000 Value ETF 0.6 8 37 6.7 +2.0
SCHV Schwab U.S. Large-Cap Value ETF 0.6 4 41 6.7 +2.0
IJJ iShares S&P Mid-Cap 400 Value ETF 0.6 18 27 8.2 +3.5
MDYV SPDR S&P 400 Mid Cap Value ETF 0.6 15 30 8.2 +3.6
JMOM JPMorgan U.S. Momentum Factor ETF 0.6 12 33 4.8 +0.2
NACP Impact Shares NAACP Minority Empowerment ETF 0.6 49 -4 5.0 +0.3
USMV iShares MSCI USA Min Vol Factor ETF 0.6 15 30 6.1 +1.4
FPX First Trust US Equity Opportunities ETF 0.6 61 -16 0.6 -4.1
EPS WisdomTree U.S. LargeCap Fund 0.6 8 37 6.3 +1.6
DFUV Dimensional US Marketwide Value ETF 0.6 22 23 7.6 +2.9
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.6 9 36 5.0 +0.3
DFAU Dimensional US Core Equity Market ETF 0.6 12 33 5.4 +0.7
DFLV Dimensional US Large Cap Value ETF 0.6 22 23 7.8 +3.1
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.6 15 30 7.4 +2.8
SCHA Schwab U.S. Small-Cap ETF 0.6 4 41 4.9 +0.2
BKSE BNY Mellon US Small Cap Core Equity ETF 0.6 4 41 5.7 +1.1
FNDX Schwab Fundamental US Large Co. Index ETF 0.6 25 20 7.1 +2.4
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.6 60 -15 5.7 +1.0
DFSV Dimensional US Small Cap Value ETF 0.6 31 14 8.9 +4.2
FNDB Schwab Fundamental US Broad Market Index ETF 0.6 25 20 7.1 +2.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.6 9 36 4.0 -0.7
DEUS Xtrackers Russell US Multifactor ETF 0.5 17 28 7.1 +2.4
VFMO Vanguard U.S. Momentum Factor ETF 0.5 13 32 2.8 -1.9
VOOG Vanguard S&P 500 Growth ETF 0.5 10 35 5.5 +0.8
JHML John Hancock Multifactor Large Cap ETF 0.5 29 16 5.6 +0.9
DFAT Dimensional U.S. Targeted Value ETF 0.5 28 17 8.2 +3.6
GDEF Goldman Sachs Defensive Equity ETF 0.5 55 -10 4.4 -0.3
EGUS iShares ESG Aware MSCI USA Growth ETF 0.5 18 27 4.3 -0.3
PFM Invesco Dividend Achievers ETF 0.5 53 -8 5.7 +1.0
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.5 60 -15 1.2 -3.5
IWN iShares Russell 2000 Value ETF 0.5 24 21 5.6 +0.9
VTWV Vanguard Russell 2000 Value ETF 0.5 15 30 5.8 +1.1
FNK First Trust Mid Cap Value AlphaDEX Fund 0.5 70 -25 9.2 +4.5
EZM WisdomTree U.S. MidCap Fund 0.5 38 7 8.1 +3.5
RPV Invesco S&P 500 Pure Value ETF 0.5 35 10 9.9 +5.2
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.5 15 30 8.7 +4.0
ISCB iShares Morningstar Small-Cap ETF 0.5 4 41 5.3 +0.7
SLYG SPDR S&P 600 Small Cap Growth ETF 0.5 15 30 7.1 +2.4
SPXT ProShares S&P 500 Ex-Technology ETF 0.5 9 36 5.7 +1.0
IJT iShares S&P Small-Cap 600 Growth ETF 0.5 18 27 7.0 +2.4
BTHM BlackRock Future U.S. Themes ETF 0.5 60 -15 4.3 -0.4
DFUS Dimensional U.S. Equity ETF 0.5 9 36 5.1 +0.5
RNSC Furst Trust Small Cap US Equity Select ETF 0.5 60 -15 8.4 +3.7
STRV Strive 500 ETF 0.5 5 40 5.2 +0.5
IWB iShares Russell 1000 ETF 0.4 15 30 5.1 +0.5
IYY iShares Dow Jones U.S. ETF 0.4 20 25 5.1 +0.4
PBUS Invesco MSCI USA ETF 0.4 4 41 5.3 +0.6
IUSV iShares Core S&P US Value ETF 0.4 4 41 6.8 +2.1
SCHB Schwab U.S. Broad Market ETF 0.4 3 42 5.2 +0.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.4 3 42 5.1 +0.5
SCHK Schwab 1000 Index ETF 0.4 5 40 5.3 +0.6
IWV iShares Russell 3000 ETF 0.4 20 25 5.0 +0.3
ILCB iShares Morningstar U.S. Equity ETF 0.4 3 42 5.3 +0.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.4 20 25 5.1 +0.4
SCHX Schwab U.S. Large-Cap ETF 0.4 3 42 5.3 +0.6
IVE iShares S&P 500 Value ETF 0.4 18 27 6.6 +1.9
SPYV SPDR Portfolio S&P 500 Value ETF 0.4 4 41 6.7 +2.0
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.4 35 10 7.2 +2.5
VONE Vanguard Russell 1000 ETF 0.4 8 37 5.2 +0.5
VTHR Vanguard Russell 3000 ETF 0.4 10 35 5.1 +0.4
DFAI Dimensional International Core Equity Market ETF 0.4 18 27 6.9 +2.2
VTI Vanguard Total Stock Market ETF 0.4 3 42 5.1 +0.4
BKLC BNY Mellon US Large Cap Core Equity ETF 0.4 0 45 5.3 +0.6
VOTE TCW Transform 500 ETF 0.4 5 40 5.2 +0.5
ESIX SPDR S&P SmallCap 600 ESG ETF 0.4 12 33 7.8 +3.1
FNDA Schwab Fundamental US Small Co. Index ETF 0.4 25 20 6.8 +2.1
DFIC Dimensional International Core Equity 2 ETF 0.4 23 22 7.4 +2.7
XVV iShares ESG Screened S&P 500 ETF 0.4 8 37 5.1 +0.4
SNPG Xtrackers S&P 500 Growth ESG ETF 0.4 15 30 4.8 +0.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.4 2 43 5.3 +0.6
HAPI Harbor Human Capital Factor US Large Cap ETF 0.4 36 9 4.8 +0.1
AVSC Avantis U.S Small Cap Equity ETF 0.4 25 20 5.4 +0.8
SPXN ProShares S&P 500 Ex-Financials ETF 0.4 9 36 5.3 +0.6
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.4 25 20 5.7 +1.0
MGV Vanguard Mega Cap Value ETF 0.4 7 38 6.8 +2.2
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.4 25 20 8.8 +4.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.4 20 25 5.1 +0.4
FSMD Fidelity Small-Mid Multifactor ETF 0.4 15 30 7.6 +3.0
SPXV ProShares S&P 500 Ex-Health Care ETF 0.4 9 36 5.1 +0.5
QVML Invesco S&P 500 QVM Multi-factor ETF 0.4 11 34 5.2 +0.5
SNPE Xtrackers S&P 500 ESG ETF 0.4 10 35 5.3 +0.6
DIHP Dimensional International High Profitability ETF 0.4 29 16 6.9 +2.2
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.4 15 30 4.9 +0.2
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.4 3 42 5.4 +0.8
VOO Vanguard S&P 500 ETF 0.4 3 42 5.3 +0.6
CATH Global X S&P 500 Catholic Values Custom ETF 0.4 29 16 5.1 +0.4
SPLG SPDR Portfolio S&P 500 ETF 0.4 2 43 5.3 +0.6
IVV iShares Core S&P 500 ETF 0.4 3 42 5.3 +0.6
SPY SPDR S&P 500 ETF Trust 0.4 9 36 5.2 +0.5
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.4 7 38 5.2 +0.5
VV Vanguard Large-Cap ETF 0.4 4 41 5.2 +0.6
RWL Invesco S&P 500 Revenue ETF 0.4 39 6 6.6 +2.0
DSI iShares MSCI KLD 400 Social ETF 0.4 25 20 5.1 +0.5
QGRW WisdomTree U.S. Quality Growth Fund 0.4 28 17 4.7 -0.0
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.4 27 18 8.4 +3.7
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.4 29 16 7.4 +2.7
IWM iShares Russell 2000 ETF 0.4 19 26 3.6 -1.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.4 11 34 5.2 +0.6
SMLE Xtrackers S&P SmallCap 600 ESG ETF 0.4 15 30 7.6 +2.9
QUS SPDR MSCI USA StrategicFactors ETF 0.3 15 30 6.0 +1.4
VTWO Vanguard Russell 2000 ETF 0.3 10 35 3.9 -0.8
FYX First Trust Small Cap Core AlphaDEX Fund 0.3 61 -16 7.2 +2.5
IUSG iShares Core S&P U.S. Growth ETF 0.3 4 41 4.6 -0.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.3 9 36 5.8 +1.2
TOK iShares MSCI Kokusai ETF 0.3 26 19 5.3 +0.6
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 0.3 35 10 5.4 +0.8
SNPV Xtrackers S&P 500 Value ESG ETF 0.3 15 30 6.8 +2.1
FNX First Trust Mid Cap Core AlphaDEX Fund 0.3 60 -15 6.0 +1.4
JGRO JPMorgan Active Growth ETF 0.3 44 1 3.4 -1.3
STXD Strive 1000 Dividend Growth ETF 0.3 35 10 5.5 +0.8
VFMF Vanguard U.S. Multifactor ETF 0.3 18 27 8.7 +4.0
IVW iShares S&P 500 Growth ETF 0.3 18 27 4.5 -0.2
SPYG SPDR Portfolio S&P 500 Growth ETF 0.3 4 41 4.6 -0.1
URTH iShares MSCI World ETF 0.3 24 21 5.4 +0.7
KOKU Xtrackers MSCI Kokusai Equity ETF 0.3 9 36 5.5 +0.8
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.3 24 21 7.8 +3.1
NUSC Nuveen ESG Small-Cap ETF 0.3 31 14 5.2 +0.5
JVAL JPMorgan U.S. Value Factor ETF 0.3 12 33 8.4 +3.7
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 0.3 42 3 7.5 +2.9
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.3 35 10 7.6 +2.9
TPSC Timothy Plan US Small Cap Core ETF 0.3 52 -7 7.6 +2.9
ACWI iShares MSCI ACWI ETF 0.3 32 13 5.5 +0.8
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.3 7 38 5.7 +1.1
FDRR Fidelity Dividend ETF for Rising Rates 0.3 15 30 7.9 +3.3
IWX iShares Russell Top 200 Value ETF 0.3 20 25 6.5 +1.8
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.3 12 33 4.5 -0.2
IWF iShares Russell 1000 Growth ETF 0.3 19 26 4.7 +0.0
VONG Vanguard Russell 1000 Growth ETF 0.3 8 37 4.8 +0.2
SCHG Schwab U.S. Large-Cap Growth ETF 0.3 4 41 4.3 -0.4
XJR iShares ESG Screened S&P Small-Cap ETF 0.3 12 33 7.7 +3.1
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.3 15 30 8.2 +3.6
VT Vanguard Total World Stock ETF 0.3 7 38 5.8 +1.1
CGUS Capital Group Core Equity ETF 0.3 33 12 4.7 +0.0
ROUS Hartford Multifactor US Equity ETF 0.3 19 26 6.4 +1.8
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.3 15 30 7.6 +2.9
VIOO Vanguard S&P Small-Cap 600 ETF 0.3 10 35 7.8 +3.1
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 31 5.4 +0.7
VSLU Applied Finance Valuation Large Cap ETF 0.2 49 -4 6.0 +1.4
SFYX SoFi Next 500 ETF 0.2 0 45 5.6 +0.9
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.2 7 38 5.2 +0.5
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.2 3 42 8.2 +3.5
IJR iShares Core S&P Small Cap ETF 0.2 6 39 8.2 +3.5
KOMP SPDR S&P Kensho New Economies Composite ETF 0.2 20 25 2.1 -2.6
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.2 15 30 6.3 +1.6
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.2 64 -19 2.1 -2.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.2 30 15 7.8 +3.1
ACVF American Conservative Values ETF 0.2 75 -30 4.4 -0.3
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.2 47 -2 9.8 +5.1
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 41 6.1 +1.5
IWO iShares Russell 2000 Growth ETF 0.2 24 21 1.4 -3.2
DGRW WisdomTree US Quality Dividend Growth Fund 0.2 28 17 6.2 +1.5
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.2 19 26 6.5 +1.9
WOMN Impact Shares YWCA Women's Empowerment ETF 0.2 75 -30 4.9 +0.2
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 15 6.1 +1.4
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 25 6.7 +2.0
VOOV Vanguard S&P 500 Value ETF 0.2 10 35 5.5 +0.9
DFSI Dimensional International Sustainability Core 1 ETF 0.2 24 21 6.2 +1.6
SMMD iShares Russell 2500 ETF 0.2 15 30 6.0 +1.3
FTC First Trust Large Cap Growth AlphaDEX Fund 0.2 59 -14 2.8 -1.9
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.2 30 15 8.0 +3.3
ISCG iShares Morningstar Small-Cap Growth ETF 0.2 6 39 2.5 -2.2
VTWG Vanguard Russell 2000 Growth ETF 0.2 15 30 1.7 -2.9
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 6 8.7 +4.0
TMFC Motley Fool 100 Index ETF 0.2 50 -5 4.0 -0.7
STXG Strive 1000 Growth ETF 0.2 18 27 4.2 -0.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 6 4.5 -0.1
MGC Vanguard Mega Cap ETF 0.2 7 38 5.1 +0.4
ILCG iShares Morningstar Growth ETF 0.2 4 41 4.1 -0.6
HDUS Hartford Disciplined US Equity ETF 0.2 19 26 6.2 +1.5
RDIV Invesco S&P Ultra Dividend Revenue ETF 0.2 39 6 10.6 +5.9
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.2 35 10 7.5 +2.8
VUG Vanguard Growth ETF 0.2 4 41 4.3 -0.4
EES WisdomTree U.S. SmallCap Fund 0.1 38 7 10.3 +5.6
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.1 30 15 4.7 0.0
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 25 6.7 +2.0
APUE ActivePassive U.S. Equity ETF 0.1 45 0 5.0 +0.3
DFSU Dimensional US Sustainability Core 1 ETF 0.1 18 27 5.7 +1.0
IWC iShares Micro-Cap ETF 0.1 60 -15 -4.3 -9.0
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -30 3.8 -0.9
GSPY Gotham Enhanced 500 ETF 0.1 50 -5 5.3 +0.6
SCHM Schwab U.S. Mid-Cap ETF 0.1 4 41 6.3 +1.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 16 6.3 +1.6
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.1 12 33 7.3 +2.7
TTAC FCF US Quality ETF 0.1 59 -14 6.5 +1.9
IWL iShares Russell Top 200 ETF 0.1 15 30 5.0 +0.3
SSLY Syntax Stratified SmallCap ETF 0.1 40 5 7.5 +2.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 36 5.7 +1.0
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 30 6.0 +1.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 6 9.4 +4.7
SQEW LeaderShares Equity Skew ETF 0.1 81 -36 6.1 +1.4
QGRO American Century U.S. Quality Growth ETF 0.1 29 16 5.8 +1.1
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 24 3.9 -0.8
SDIV Global X Superdividend ETF 0.1 58 -13 17.6 +12.9
BNE Blue Horizon BNE ETF 0.1 87 -42 5.0 +0.3
MVPS Amplify Thematic All-Stars ETF 0.1 49 -4 1.7 -3.0
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 0.1 58 -13 -0.3 -5.0
SPRX Spear Alpha ETF 0.1 75 -30 -0.5 -5.2
DMAT Global X Disruptive Materials ETF 0.1 59 -14 9.9 +5.3
TRFM AAM Transformers ETF 0.1 49 -4 1.2 -3.4
DRIV Global X Autonomous & Electric Vehicles ETF 0.1 68 -23 3.4 -1.3
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.1 25 20 6.1 +1.4
CCSO Carbon Collective Climate Solutions US Equity ETF 0.1 35 10 2.3 -2.4
LIT Global X Lithium & Battery Tech ETF 0.1 75 -30 10.2 +5.5
DARP Grizzle Growth ETF 0.1 75 -30 3.2 -1.5
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -14 2.6 -2.1
LRGF iShares U.S. Equity Factor ETF 0.0 8 37 5.8 +1.1
JQUA JPMorgan U.S. Quality Factor ETF 0.0 12 33 5.7 +1.0
TEQI T. Rowe Price Equity Income ETF 0.0 54 -9 4.1 -0.6
TDVG T. Rowe Price Dividend Growth ETF 0.0 50 -5 4.9 +0.2
VEU Vanguard FTSE All-World ex-US Index Fund 0.0 8 37 7.2 +2.5
PSCE Invesco S&P SmallCap Energy ETF 0.0 29 16 6.0 +1.3

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
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 & Energy Infrastructure ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.9 %
Divided by: Fwd. P/BV 2.7 x
Less: Expense ratio 45 bp
Equals: ALTAR Score 4.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.57 CATEGORY
AVERAGE		 1.55
 
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.