Global X MLP & Energy Infrastructure ETF
ALTAR
Score™
4.0% info Recommen-
dation
UNDERWEIGHT
2022E    2023E
P/E
ratio
14.2x P/Sales
ratio
0.7x
P/BV
ratio
2.4x Div.
yield
5.9%


  • 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) $1,008
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 26
Wgt avg mkt cap (mns) $32,204
Large cap (>$10bn) 76.8%
Mid cap ($2-10bn) 18.7%
Small cap (<$2bn) 4.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ENBRIDGE INC 9.1 %
WILLIAMS COS INC 8.7 %
TRANSCANADA CORP 8.6 %
CHENIERE ENERGY INC 7.7 %
KINDER MORGAN INC 7.5 %
ONEOK INC 6.0 %
ENTERPRISE PRODUCTS PARTNERS 4.6 %
ENERGY TRANSFER, L.P. 4.5 %
PEMBINA PIPELINE CORPORATION 4.4 %
TARGA RESOURCES CORP 4.3 %
Total 65.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 77.7 %
CANADA 22.3 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
22.0% 28.2% 5.9% -- 4.7%

Market Correlations
versus... Beta R-squared
S&P500 1.46 52%
MSCI EAFE 1.54 56%
MSCI Emg. Mkts. 1.46 53%

Technical Indicators
Recent close $42.62
30d moving avg. $40.20
Annualized volatility 38.9%
Short interest (ETF) 0.1%
Short interest (Underlying) 2.6%
Relative strength (RSI) 68

Liquidity measures
Avg. volume (thou.) 186
Turnover 0.8%
Bid/Ask (% of price) 0.08%
ADV underlying (mns) $2,137

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 430 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™: 4.0%


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 82.3 45 0 4.1 +0.1
USAI Pacer American Energy Independence ETF 60.6 75 -30 2.7 -1.3
UMI USCF Midstream Energy Income Fund ETF 59.6 85 -40 3.0 -1.1
ENFR Alerian Energy Infrastructure ETF 56.7 35 10 3.9 -0.1
TPYP Tortoise North American Pipeline Fund 56.4 40 5 4.4 +0.3
EMLP First Trust North American Energy Infrastructure Fund 35.0 95 -50 4.6 +0.5
AMZA InfraCap MLP ETF 29.7 201 -156 3.0 -1.0
AMLP The Alerian MLP ETF 29.4 87 -42 3.7 -0.4
MLPA Global X MLP ETF 28.1 46 -1 4.7 +0.6
RYE Invesco S&P 500 Equal Weight Energy ETF 19.8 40 5 5.7 +1.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 17.4 47 -2 4.4 +0.3
JHME John Hancock Multifactor Energy ETF 17.1 40 5 5.8 +1.8
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 16.9 69 -24 7.3 +3.2
IGE iShares North American Natural Resources ETF 14.3 43 2 5.8 +1.7
GLIF AGFiQ Global Infrastructure ETF 12.7 45 0 4.5 +0.5
FXN First Trust Energy AlphaDEX Fund 12.6 64 -19 5.6 +1.6
FTXN First Trust Nasdaq Oil & Gas ETF 11.8 60 -15 7.9 +3.9
IYE iShares U.S. Energy ETF 9.9 41 4 5.5 +1.5
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 9.9 60 -15 8.2 +4.1
IGF iShares Global Infrastructure ETF 9.7 43 2 3.8 -0.2
FENY Fidelity MSCI Energy Index ETF 9.7 8 37 5.9 +1.8
GII SPDR S&P Global Infrastructure ETF 9.7 40 5 3.8 -0.2
VDE Vanguard Energy Index Fund 9.7 10 35 5.9 +1.8
ECLN First Trust EIP Carbon Impact ETF 9.5 95 -50 3.1 -1.0
IVRA Invesco Real Assets ESG ETF 9.3 59 -14 4.9 +0.8
XLE Energy Select Sector SPDR Fund 8.1 10 35 6.4 +2.3
RUFF Alpha Dog ETF 7.8 90 -45 5.2 +1.1
IEO iShares U.S. Oil & Gas Exploration & Production ETF 7.7 42 3 7.0 +2.9
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 7.2 96 -51 3.3 -0.7
FDVV Fidelity Core Dividend ETF 6.6 29 16 7.1 +3.1
WBIY WBI Power Factor High Dividend ETF 6.5 70 -25 10.9 +6.9
IFRA iShares U.S. Infrastructure ETF 5.9 30 15 5.9 +1.8
RFDA RiverFront Dynamic US Dividend Advantage ETF 5.8 52 -7 7.1 +3.0
SDOG ALPS Sector Dividend Dogs ETF 5.8 40 5 9.3 +5.2
FLDZ RiverNorth Volition America Patriot ETF 5.7 76 -31 5.6 +1.5
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 5.4 30 15 7.6 +3.6
CVY Invesco Zacks Multi-Asset Income ETF 5.4 100 -55 9.8 +5.8
ICAP InfraCap Equity Income Fund ETF 5.3 80 -35 8.5 +4.4
RBLD First Trust Alerian US NextGen Infrastructure ETF 5.0 65 -20 7.1 +3.1
DIV Global X SuperDividend US ETF 5.0 45 0 6.3 +2.2
HVAL ALPS Hillman Active Value ETF 4.6 55 -10 7.2 +3.1
VRAI Virtus Real Asset Income ETF 4.3 55 -10 6.9 +2.8
XMMO Invesco S&P MidCap Momentum ETF 4.3 33 12 7.5 +3.4
AIVL WisdomTree U.S. AI Enhanced Value Fund 4.3 38 7 6.5 +2.5
MBOX Freedom Day Dividend ETF 4.3 39 6 8.0 +4.0
IXC iShares Global Energy ETF 4.2 43 2 7.3 +3.3
PWV Invesco Dynamic Large Cap Value ETF 4.2 58 -13 8.0 +4.0
IVDG Invesco Focused Discovery Growth ETF 4.0 59 -14 4.0 -0.0
PUI Invesco DWA Utilities Momentum ETF 3.8 60 -15 4.8 +0.8
SPYD SPDR S&P 500 High Dividend ETF 3.8 7 38 8.3 +4.3
FMIL Fidelity New Millennium ETF 3.7 59 -14 6.5 +2.5
NVQ QRAFT AI-Enhanced US Next Value ETF 3.7 75 -30 10.0 +6.0
PDP Invesco DWA Momentum ETF 3.6 62 -17 5.2 +1.2
GBDV Global Beta Smart Income ETF 3.5 29 16 9.8 +5.8
PID Invesco International Dividend Achievers ETF 3.4 56 -11 7.7 +3.6
RFG Invesco S&P Midcap 400 Pure Growth ETF 3.3 35 10 7.6 +3.6
HAP VanEck Natural Resources ETF 3.3 49 -4 7.6 +3.5
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 3.3 75 -30 7.4 +3.4
UVDV UVA Dividend Value ETF 3.2 80 -35 6.9 +2.9
YLDE ClearBridge Dividend Strategy ESG ETF 3.1 60 -15 5.7 +1.7
SDEI Sound Equity Income ETF 3.1 45 0 9.9 +5.8
USVT US Value ETF 3.0 49 -4 10.9 +6.9
RYJ Invesco Raymond James SB-1 Equity ETF 3.0 75 -30 2.8 -1.2
HDV iShares Core High Dividend ETF 3.0 8 37 8.0 +4.0
INFL Horizon Kinetics Inflation Beneficiaries ETF 3.0 85 -40 5.0 +1.0
FCG First Trust Natural Gas ETF 2.9 60 -15 6.6 +2.5
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 2.9 35 10 7.7 +3.7
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 2.9 35 10 7.7 +3.7
TPHE Timothy Plan High Dividend Stock Enhanced ETF 2.8 52 -7 6.0 +2.0
TPHD Timothy Plan High Dividend Stock ETF 2.8 52 -7 6.1 +2.0
FTC First Trust Large Cap Growth AlphaDEX Fund 2.7 59 -14 4.9 +0.9
FEVR Inspire Faithward Large Cap Momentum ESG ETF 2.7 80 -35 5.3 +1.2
FDL First Trust Morningstar Dividend Leaders Index Fund 2.7 45 0 9.0 +4.9
DIVZ TrueShares Low Volatility Equity Income ETF 2.7 65 -20 7.7 +3.7
WTV WisdomTree US Value Fund 2.7 12 33 8.8 +4.8
DURA VanEck Morningstar Durable Dividend ETF 2.6 29 16 7.3 +3.3
CSD Invesco S&P Spin-Off ETF 2.6 65 -20 5.3 +1.3
DEW WisdomTree Global High Dividend Fund 2.5 58 -13 8.7 +4.6
JDIV JPMorgan U.S. Dividend ETF 2.4 12 33 8.0 +3.9
FSST Fidelity Sustainability U.S. Equity ETF 2.4 59 -14 5.5 +1.5
ROCI ROC ETF 2.3 49 -4 4.7 +0.6
ONEY SPDR Russell 1000 Yield Focus ETF 2.2 20 25 9.3 +5.3
MOTE VanEck Morningstar ESG Moat ETF 2.2 49 -4 5.8 +1.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 2.2 47 -2 5.5 +1.5
GVIP Goldman Sachs Hedge Industry VIP ETF 2.2 45 0 4.2 +0.2
BUL Pacer US Cash Cows Growth ETF 2.1 60 -15 8.7 +4.7
NUMV Nuveen ESG Mid-Cap Value ETF 2.1 30 15 8.1 +4.0
DHS WisdomTree U.S. High Dividend Fund 2.0 38 7 8.0 +4.0
CNRG SPDR S&P Kensho Clean Power ETF 1.9 45 0 0.5 -3.5
SAMT Strategas Macro Thematic Opportunities ETF 1.9 65 -20 3.4 -0.7
AVDR AVDR US LargeCap Leading ETF 1.9 60 -15 5.7 +1.7
QMOM Alpha Architect U.S. Quantitative Momentum ETF 1.9 49 -4 5.3 +1.3
DVY iShares Select Dividend ETF 1.9 39 6 8.6 +4.5
MAGA Point Bridge GOP Stock Tracker ETF 1.9 72 -27 5.9 +1.9
HUSV First Trust Horizon Managed Volatility Domestic ETF 1.8 70 -25 5.4 +1.4
AVUV Avantis U.S. Small Cap Value ETF 1.8 25 20 9.3 +5.2
BFOR Barron's 400 ETF 1.8 70 -25 8.4 +4.4
VFMV Vanguard U.S. Minimum Volatility ETF 1.8 13 32 5.9 +1.9
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 1.8 15 30 6.4 +2.3
SPDV AAM S&P 500 High Dividend Value ETF 1.8 29 16 9.8 +5.7
IJK iShares S&P Mid-Cap 400 Growth ETF 1.8 17 28 6.1 +2.1
MDYG SPDR S&P 400 Mid Cap Growth ETF 1.8 15 30 6.2 +2.1
DEF Invesco Defensive Equity ETF 1.8 53 -8 5.8 +1.7
JMIN JPMorgan U.S. Minimum Volatility ETF 1.7 12 33 5.8 +1.8
FPX First Trust US IPO Index Fund 1.7 57 -12 2.6 -1.5
NULC Nuveen ESG Large-Cap ETF 1.7 20 25 5.5 +1.5
NTZG Nuveen Global Net Zero Transition ETF 1.7 55 -10 5.1 +1.1
DON WisdomTree U.S. MidCap Dividend Fund 1.7 38 7 8.2 +4.2
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 1.7 30 15 8.9 +4.9
PSCE Invesco S&P SmallCap Energy ETF 1.7 29 16 2.7 -1.3
PXJ Invesco Dynamic Oil & Gas Services ETF 1.7 63 -18 -2.4 -6.4
XES SPDR S&P Oil & Gas Equipment & Services ETF 1.7 35 10 -3.0 -7.0
FEX First Trust Large Cap Core AlphaDEX Fund 1.6 59 -14 7.1 +3.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.6 63 -18 4.2 +0.2
GRES IQ Global Resources ETF 1.6 30 15 8.2 +4.2
FPAG FPA Global Equity ETF 1.6 49 -4 6.3 +2.2
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.6 65 -20 6.7 +2.7
VFMO Vanguard U.S. Momentum Factor ETF 1.6 13 32 5.8 +1.7
FLLV Franklin Liberty U.S. Low Volatility ETF 1.6 29 16 5.5 +1.5
DWAS Invesco DWA SmallCap Momentum ETF 1.6 60 -15 4.6 +0.6
KGHG KraneShares Global Carbon Transformation ETF 1.6 89 -44 -8.5 -12.5
SUSA iShares MSCI USA ESG Select ETF 1.5 25 20 5.4 +1.4
IEZ iShares U.S. Oil Equipment & Services ETF 1.5 41 4 0.1 -3.9
DVLU First Trust Dorsey Wright Momentum & Value ETF 1.5 60 -15 10.7 +6.7
IMCV iShares Morningstar Mid-Cap Value ETF 1.5 6 39 7.6 +3.6
FDRR Fidelity Dividend ETF for Rising Rates 1.5 29 16 7.5 +3.4
VOE Vanguard Mid-Cap Value Index Fund 1.5 7 38 7.2 +3.2
FDLO Fidelity Low Volatility Factor ETF 1.4 29 16 5.3 +1.2
STLV iShares Factors US Value Style ETF 1.4 25 20 9.2 +5.2
IMCB iShares Morningstar Mid-Cap ETF 1.4 4 41 5.9 +1.9
BKMC BNY Mellon US Mid Cap Core Equity ETF 1.4 4 41 5.9 +1.9
SUBS Fount Subscription Economy ETF 1.4 70 -25 4.6 +0.6
AUSF Global X Adaptive U.S. Factor ETF 1.4 27 18 6.2 +2.2
NULV Nuveen ESG Large-Cap Value ETF 1.4 25 20 7.7 +3.6
ONEO SPDR Russell 1000 Momentum Focus ETF 1.3 20 25 8.0 +4.0
RNDV US Equity Dividend Select ETF 1.3 50 -5 8.4 +4.3
RBUS Nationwide Risk-Based U.S. Equity ETF 1.3 30 15 0.0 -4.0
IMCG iShares Morningstar Mid-Cap Growth ETF 1.3 6 39 4.3 +0.3
VO Vanguard Mid-Cap Index Fund 1.3 4 41 5.6 +1.5
IWS iShares Russell Mid-Cap Value ETF 1.3 23 22 6.6 +2.5
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 1.3 75 -30 2.9 -1.1
SFYX Sofi Next 500 ETF 1.3 0 45 5.3 +1.3
SLT Pacer Salt High truBeta US Market ETF 1.3 60 -15 0.0 -4.0
MIDE Xtrackers S&P MidCap 400 ESG ETF 1.3 15 30 7.6 +3.6
MTUM iShares MSCI USA Momentum Factor ETF 1.3 15 30 6.1 +2.0
EQAL Invesco Russell 1000 Equal Weight ETF 1.3 20 25 5.8 +1.8
IWR iShares Russell Midcap ETF 1.2 19 26 5.6 +1.6
FSMO Fidelity Small-Mid Cap Opportunities ETF 1.2 64 -19 7.1 +3.1
TTAC TrimTabs US Free Cash Flow Quality ETF 1.2 59 -14 6.5 +2.5
SDIV Global X SuperDividend ETF 1.2 59 -14 22.8 +18.7
RFFC RiverFront Dynamic US Flex-Cap ETF 1.2 52 -7 5.4 +1.4
FLRG Fidelity U.S. Multifactor ETF 1.2 29 16 7.5 +3.5
ESGS Columbia Sustainable U.S. Equity Income ETF 1.2 35 10 9.3 +5.3
PY Principal Shareholder Yield Index ETF 1.1 15 30 6.7 +2.6
VOT Vanguard Mid-Cap Growth Index Fund 1.1 7 38 3.9 -0.1
TPLC Timothy Plan US Large Cap Core ETF 1.1 52 -7 5.7 +1.6
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 1.1 24 21 7.5 +3.4
IWP iShares Russell Mid-Cap Growth ETF 1.1 23 22 4.2 +0.2
GVLU Gotham 1000 Value ETF 1.1 50 -5 9.5 +5.5
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 1.1 15 30 7.4 +3.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 1.1 18 27 7.6 +3.5
RWK Invesco S&P MidCap 400 Revenue ETF 1.1 39 6 9.0 +5.0
MDY SPDR S&P Midcap 400 ETF Trust 1.1 22 23 6.9 +2.8
JVAL JPMorgan U.S. Value Factor ETF 1.1 12 33 8.8 +4.8
VFMF Vanguard U.S. Multifactor ETF 1.0 18 27 9.2 +5.2
IVOO Vanguard S&P Mid-Cap 400 ETF 1.0 10 35 7.1 +3.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 1.0 9 36 5.9 +1.9
IJH iShares Core S&P Mid-Cap ETF 1.0 5 40 7.0 +3.0
SPMD SPDR Portfolio Mid Cap ETF 1.0 5 40 7.0 +3.0
FFTY Innovator IBD 50 ETF 1.0 80 -35 5.9 +1.9
CLRG IQ Chaikin U.S. Large Cap ETF 1.0 25 20 5.9 +1.9
JHMM John Hancock Multifactor Mid Cap ETF 1.0 41 4 6.5 +2.4
DGT SPDR Global Dow ETF 1.0 50 -5 7.5 +3.5
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 1.0 60 -15 5.0 +1.0
PSC Principal U.S. Small Cap Index ETF 1.0 38 7 7.0 +3.0
QDYN FlexShares Quality Dividend Dynamic Index Fund 1.0 37 8 7.9 +3.9
XJH iShares ESG Screened S&P Mid-Cap ETF 1.0 12 33 7.1 +3.1
LGLV SPDR Russell 1000 Low Volatility ETF 1.0 12 33 5.3 +1.3
UBCB UBC Algorithmic Fundamentals ETF 1.0 75 -30 4.0 -0.0
VSDA VictoryShares Dividend Accelerator ETF 1.0 35 10 6.3 +2.2
SSPY Syntax Stratified LargeCap ETF 1.0 30 15 6.4 +2.3
SCHD Schwab U.S. Dividend Equity ETF 0.9 6 39 8.6 +4.5
IUSA Amberwave Invest USA JSG Fund 0.9 67 -22 6.0 +1.9
DTD WisdomTree U.S.Total Dividend Fund 0.9 28 17 7.0 +2.9
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.9 24 21 7.4 +3.4
VXF Vanguard Extended Market Index Fund 0.9 6 39 3.7 -0.4
DLN WisdomTree U.S. LargeCap Dividend Fund 0.9 28 17 6.7 +2.7
JOET Virtus Terranova US Quality Momentum ETF 0.9 29 16 6.3 +2.2
KOCG FIS Knights of Columbus Global Belief ETF 0.9 75 -30 7.1 +3.1
RNLC Large Cap US Equity Select ETF 0.9 60 -15 6.6 +2.6
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.9 18 27 5.8 +1.8
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 0.9 25 20 5.5 +1.5
SUSL iShares ESG MSCI USA Leaders ETF 0.8 10 35 5.7 +1.7
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.8 10 35 5.7 +1.7
RPV Invesco S&P 500 Pure Value ETF 0.8 35 10 9.5 +5.5
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 0.8 35 10 7.9 +3.8
VYM Vanguard High Dividend Yield Index ETF 0.8 6 39 7.7 +3.6
SFY SoFi Select 500 ETF 0.8 0 45 5.6 +1.6
FUNL CornerCap Fundametrics Large-Cap ETF 0.8 50 -5 7.9 +3.8
QUAL iShares MSCI Usa Quality Factor ETF 0.8 15 30 6.9 +2.8
NUDV Nuveen ESG Dividend ETF 0.8 25 20 7.1 +3.1
AVUS Avantis U.S. Equity ETF 0.8 15 30 6.7 +2.6
EUSA iShares MSCI USA Equal Weighted ETF 0.8 9 36 5.5 +1.4
SIZE iShares MSCI USA Size Factor ETF 0.8 15 30 5.4 +1.3
RNSC Small Cap US Equity Select ETF 0.8 60 -15 8.6 +4.6
VLU SPDR S&P 1500 Value Tilt ETF 0.8 12 33 7.8 +3.7
BLES Inspire Global Hope Large Cap ETF 0.8 49 -4 5.7 +1.6
VAMO Cambria Value & Momentum ETF 0.8 64 -19 11.1 +7.0
SELV SEI Enhanced Low Volatility U.S. Large Cap ETF 0.7 15 30 7.3 +3.3
PRF Invesco FTSE RAFI US 1000 ETF 0.7 39 6 7.2 +3.2
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.7 70 -25 4.1 +0.1
AVLV Avantis U.S. Large Cap Value ETF 0.7 15 30 8.5 +4.5
EWMC Invesco S&P MidCap 400 Equal Weight ETF 0.7 40 5 6.8 +2.8
DFSV Dimensional US Small Cap Value ETF 0.7 31 14 8.2 +4.1
JMOM JPMorgan U.S. Momentum Factor ETF 0.7 12 33 5.7 +1.7
SPMO Invesco S&P 500 Momentum ETF 0.7 13 32 5.8 +1.8
GBLO Global Beta Low Beta ETF 0.7 29 16 7.7 +3.7
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 0.7 35 10 7.4 +3.3
VFVA Vanguard U.S. Value Factor ETF 0.7 13 32 11.6 +7.6
FDM First Trust Dow Jones Select Microcap Index Fund 0.7 60 -15 7.5 +3.4
SHE SPDR SSGA Gender Diversity Index ETF 0.7 20 25 5.9 +1.8
CFA VictoryShares US 500 Volatility Weighted Index ETF 0.7 35 10 6.3 +2.3
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.7 14 31 5.7 +1.6
DFAI Dimensional International Core Equity Market ETF 0.6 18 27 6.9 +2.8
VONV Vanguard Russell 1000 Value Index Fund 0.6 8 37 7.1 +3.0
SPVM Invesco S&P 500 Value with Momentum ETF 0.6 39 6 8.7 +4.7
IWD iShares Russell 1000 Value ETF 0.6 19 26 6.9 +2.9
NACP Impact Shares NAACP Minority Empowerment ETF 0.6 49 -4 5.5 +1.4
VTV Vanguard Value Index Fund 0.6 4 41 7.4 +3.4
BUZZ VanEck Social Sentiment ETF 0.6 75 -30 -0.6 -4.7
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.6 25 20 7.2 +3.2
RNMC Mid Cap US Equity Select ETF 0.6 60 -15 7.4 +3.4
IUS Invesco Strategic US ETF 0.6 19 26 7.1 +3.0
JHML John Hancock Multifactor Large Cap ETF 0.6 29 16 6.0 +2.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.6 20 25 6.1 +2.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.6 9 36 6.1 +2.1
AVDG AVDR US LargeCap ESG ETF 0.6 60 -15 5.6 +1.5
SCHV Schwab U.S. Large-Cap Value ETF 0.6 4 41 7.0 +3.0
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.6 25 20 7.1 +3.1
VBR Vanguard Small Cap Value Index Fund 0.6 7 38 7.8 +3.8
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.6 12 33 5.8 +1.8
OALC OneAscent Large Cap Core ETF 0.6 76 -31 6.0 +1.9
IQSU IQ Candriam ESG US Equity ETF 0.5 9 36 5.3 +1.2
FQAL Fidelity Quality Factor ETF 0.5 29 16 6.5 +2.5
RSP Invesco S&P 500 Equal Weight ETF 0.5 20 25 6.1 +2.1
DFAU Dimensional US Core Equity Market ETF 0.5 12 33 5.9 +1.9
DSI iShares MSCI KLD 400 Social ETF 0.5 25 20 5.7 +1.6
ESGU iShares MSCI USA ESG Optimized ETF 0.5 15 30 5.6 +1.5
DFAC Dimensional U.S. Core Equity 2 ETF 0.5 19 26 6.5 +2.4
AFMC First Trust Active Factor Mid Cap ETF 0.5 65 -20 8.8 +4.8
ILCV iShares Morningstar Value ETF 0.5 4 41 7.2 +3.2
VOOV Vanguard S&P 500 Value ETF 0.5 10 35 6.7 +2.6
IVE iShares S&P 500 Value ETF 0.5 18 27 6.6 +2.6
SPYV SPDR Portfolio S&P 500 Value ETF 0.5 4 41 6.7 +2.7
USMV iShares Edge MSCI Min Vol USA ETF 0.5 15 30 5.8 +1.8
SMDY Syntax Stratified MidCap ETF 0.5 35 10 6.5 +2.4
QDF FlexShares Quality Dividend Index Fund 0.5 37 8 7.4 +3.4
IUSV iShares Core S&P U.S. Value ETF 0.5 4 41 6.8 +2.8
FTHI First Trust High Income ETF 0.5 85 -40 4.1 +0.1
KOMP SPDR Kensho New Economies Composite ETF 0.5 20 25 0.7 -3.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.5 20 25 5.6 +1.5
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.5 17 28 7.6 +3.5
VB Vanguard Small-Cap ETF 0.5 5 40 5.4 +1.4
SCHM Schwab U.S. Mid-Cap ETF 0.5 4 41 6.1 +2.0
FVD First Trust Value Line Dividend Index Fund 0.5 67 -22 5.9 +1.8
BOUT Innovator IBD Breakout Opportunities ETF 0.5 84 -39 4.2 +0.2
KRMA Global X Conscious Companies ETF 0.5 43 2 6.0 +1.9
ISCV iShares Morningstar Small Cap Value ETF 0.5 6 39 7.8 +3.7
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 0.4 17 28 5.2 +1.2
DIVB iShares U.S. Dividend & Buyback ETF 0.4 25 20 7.2 +3.2
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.4 25 20 6.0 +2.0
VONE Vanguard Russell 1000 ETF 0.4 8 37 5.6 +1.6
PFM Invesco Dividend Achievers ETF 0.4 53 -8 6.0 +1.9
SIXL 6 Meridian Low Beta Equity Strategy ETF 0.4 82 -37 5.8 +1.8
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.4 2 43 5.7 +1.6
MGV Vanguard Mega Cap Value ETF 0.4 7 38 7.4 +3.4
PBUS Invesco PureBeta MSCI USA ETF 0.4 4 41 5.7 +1.6
MXDU Nationwide Maximum Diversification US Core Equity ETF 0.4 34 11 0.0 -4.0
VTHR Vanguard Russell 3000 Index Fund 0.4 10 35 5.5 +1.4
DFUS Dimensional U.S. Equity ETF 0.4 11 34 5.7 +1.7
IWB iShares Russell 1000 ETF 0.4 15 30 5.5 +1.5
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.4 60 -15 9.2 +5.1
SCHX Schwab U.S. Large-Cap ETF 0.4 3 42 5.6 +1.6
SPXT ProShares S&P 500 Ex-Technology ETF 0.4 27 18 5.8 +1.8
ILCB iShares Morningstar U.S. Equity ETF 0.4 3 42 5.7 +1.6
VTI Vanguard Total Stock Market Index Fund 0.4 3 42 5.4 +1.4
RFV Invesco S&P Midcap 400 Pure Value ETF 0.4 35 10 10.1 +6.1
CSML IQ Chaikin U.S. Small Cap ETF 0.4 35 10 5.5 +1.4
EFIV SPDR S&P 500 ESG ETF 0.4 10 35 5.9 +1.8
EPS WisdomTree U.S. Earnings 500 Fund 0.4 8 37 7.2 +3.1
SNPE Xtrackers S&P 500 ESG ETF 0.4 10 35 5.9 +1.8
IYY iShares Dow Jones U.S. ETF 0.4 20 25 5.5 +1.4
IWV iShares Russell 3000 ETF 0.4 20 25 5.3 +1.3
VV Vanguard Large-Cap Index Fund 0.4 4 41 5.6 +1.6
SCHK Schwab 1000 Index ETF 0.4 5 40 5.6 +1.6
VBK Vanguard Small-Cap Growth Index Fund 0.4 7 38 1.8 -2.2
SCHB Schwab U.S. Broad Market ETF 0.4 3 42 5.5 +1.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.4 3 42 5.4 +1.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.4 15 30 5.5 +1.5
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 0.4 29 16 7.3 +3.3
VOTE Engine No. 1 Transform 500 ETF 0.4 5 40 5.6 +1.6
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.4 7 38 5.6 +1.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.4 30 15 7.2 +3.2
FNX First Trust Mid Cap Core AlphaDEX Fund 0.4 59 -14 7.6 +3.6
AVSC Avantis U.S Small Cap Equity ETF 0.4 25 20 4.8 +0.8
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 0.4 15 30 5.7 +1.7
VMAT V-Shares MSCI World ESG Materiality and Carbon Transition ET 0.4 39 6 5.6 +1.5
JQUA JPMorgan U.S. Quality Factor ETF 0.4 12 33 6.4 +2.3
YPS Arrow Reverse Cap 500 ETF 0.4 29 16 6.0 +2.0
FTA First Trust Large Cap Value AlphaDEX Fund 0.4 59 -14 9.3 +5.3
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.4 30 15 6.5 +2.5
DFAT Dimensional U.S. Targeted Value ETF 0.4 29 16 8.1 +4.0
VTWV Vanguard Russell 2000 Value Index Fund 0.4 15 30 5.6 +1.5
IWN iShares Russell 2000 Value ETF 0.4 24 21 5.5 +1.5
EZM WisdomTree U.S. MidCap Earnings Fund 0.4 38 7 9.6 +5.5
SPXV ProShares S&P 500 Ex-Health Care ETF 0.3 27 18 5.3 +1.2
MDYV SPDR S&P 400 Mid Cap Value ETF 0.3 15 30 7.8 +3.8
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.3 15 30 7.8 +3.8
IJJ iShares S&P Mid-Cap 400 Value ETF 0.3 18 27 7.8 +3.8
SPXN ProShares S&P 500 Ex-Financials ETF 0.3 27 18 5.4 +1.4
CGUS Capital Group Core Equity ETF 0.3 33 12 5.9 +1.8
JHSC John Hancock Multifactor Small Cap ETF 0.3 42 3 6.2 +2.2
XVV iShares ESG Screened S&P 500 ETF 0.3 8 37 5.7 +1.7
SPTM SPDR Portfolio Total Stock Market ETF 0.3 3 42 5.9 +1.8
PBSM Invesco PureBeta MSCI USA Small Cap ETF 0.3 6 39 5.1 +1.1
XYLD Global X S&P 500 Covered Call ETF 0.3 60 -15 5.4 +1.4
FYC First Trust Small Cap Growth AlphaDEX Fund 0.3 70 -25 2.8 -1.3
PBP Invesco S&P 500 BuyWrite ETF 0.3 49 -4 5.5 +1.5
QVML Invesco S&P 500 QVM Multi-factor ETF 0.3 11 34 6.0 +2.0
TOK iShares MSCI Kokusai ETF 0.3 25 20 5.7 +1.6
XRMI Global X S&P 500 Risk Managed Income ETF 0.3 60 -15 5.4 +1.4
XYLG Global X S&P 500 Covered Call & Growth ETF 0.3 60 -15 5.3 +1.3
XVOL Acruence Active Hedge U.S. Equity ETF 0.3 83 -38 5.0 +1.0
KOKU Xtrackers MSCI Kokusai Equity ETF 0.3 9 36 5.9 +1.8
VOO VANGUARD S&P 500 ETF 0.3 3 42 5.8 +1.8
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.3 20 25 5.6 +1.6
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 0.3 20 25 5.4 +1.4
CATH Global X S&P 500 Catholic Values Custom ETF 0.3 29 16 5.5 +1.4
IVV iShares Core S&P 500 ETF 0.3 3 42 5.8 +1.7
XCLR Global X S&P 500 Collar 95-110 ETF 0.3 60 -15 5.4 +1.4
DFUV Dimensional US Marketwide Value ETF 0.3 23 22 8.3 +4.2
SPLG SPDR Portfolio S&P 500 ETF 0.3 3 42 5.8 +1.7
SPY SPDR S&P 500 ETF Trust 0.3 9 36 5.7 +1.7
ILCG iShares Morningstar Growth ETF 0.3 4 41 4.2 +0.2
RWL Invesco S&P 500 Revenue ETF 0.3 39 6 6.7 +2.6
URTH iShares MSCI World ETF 0.3 24 21 5.7 +1.7
IWX iShares Russell Top 200 Value ETF 0.3 20 25 7.1 +3.1
QUS SPDR MSCI USA StrategicFactors ETF 0.3 15 30 6.3 +2.3
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.3 52 -7 5.8 +1.7
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.3 39 6 4.4 +0.3
XTR Global X S&P 500 Tail Risk ETF 0.3 60 -15 5.3 +1.3
FDMO Fidelity Momentum Factor ETF 0.3 29 16 4.3 +0.2
BKSE BNY Mellon US Small Cap Core Equity ETF 0.3 4 41 5.3 +1.3
IUSS Invesco Strategic US Small Company ETF 0.3 23 22 6.3 +2.3
DFIC Dimensional International Core Equity 2 ETF 0.3 23 22 6.8 +2.8
ACVF American Conservative Values ETF 0.3 75 -30 5.0 +0.9
ACWI iShares MSCI ACWI ETF 0.3 32 13 5.9 +1.9
DFAS Dimensional U.S. Small Cap ETF 0.3 28 17 6.4 +2.4
VT Vanguard Total World Stock ETF 0.3 7 38 6.1 +2.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.2 7 38 5.2 +1.2
RZV Invesco S&P Smallcap 600 Pure Value ETF 0.2 35 10 8.7 +4.7
ISCB iShares Morningstar Small-Cap ETF 0.2 4 41 4.7 +0.6
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.2 25 20 6.3 +2.3
SCHA Schwab U.S. Small-Cap ETF 0.2 4 41 5.0 +0.9
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.2 29 16 6.8 +2.7
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.2 15 30 5.5 +1.5
IWM iShares Russell 2000 ETF 0.2 19 26 3.7 -0.4
FSMD Fidelity Small-Mid Factor ETF 0.2 29 16 8.1 +4.1
VONG Vanguard Russell 1000 Growth Index Fund 0.2 8 37 4.9 +0.9
SCHG Schwab U.S. Large-Cap Growth ETF 0.2 4 41 4.2 +0.2
TMFC Motley Fool 100 Index ETF 0.2 50 -5 4.3 +0.2
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.2 15 30 7.3 +3.3
SLYV SPDR S&P 600 Small Cap Value ETF 0.2 15 30 7.2 +3.2
VTWO Vanguard Russell 2000 Index Fund 0.2 10 35 3.8 -0.3
IJS iShares S&P Small-cap 600 Value ETF 0.2 18 27 7.2 +3.2
IWF iShares Russell 1000 Growth ETF 0.2 19 26 4.8 +0.8
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.2 75 -30 5.7 +1.7
MGC Vanguard Mega Cap Index Fund 0.2 7 38 5.6 +1.6
VUG Vanguard Growth Index Fund 0.2 4 41 4.4 +0.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.2 31 14 8.7 +4.7
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 25 6.6 +2.5
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 0.2 35 10 7.8 +3.8
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 0.2 35 10 6.5 +2.5
FAB First Trust Multi Cap Value AlphaDEX Fund 0.2 69 -24 10.3 +6.2
VSLU Applied Finance Valuation Large Cap ETF 0.2 49 -4 7.1 +3.1
TPSC Timothy Plan US Small Cap Core ETF 0.2 52 -7 7.7 +3.6
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.2 19 26 6.8 +2.8
ESIX SPDR S&P SmallCap 600 ESG ETF 0.2 12 33 7.4 +3.4
IUSG iShares Core S&P US Growth ETF 0.2 4 41 5.3 +1.2
SMLE Xtrackers S&P SmallCap 600 ESG ETF 0.2 15 30 7.3 +3.3
XOUT GraniteShares XOUT U.S. Large Cap ETF 0.2 60 -15 5.0 +0.9
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.2 29 16 5.4 +1.3
RYLD Global X Russell 2000 Covered Call ETF 0.2 60 -15 3.6 -0.5
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 0.1 30 15 7.6 +3.5
EES WisdomTree SmallCap Earnings Fund 0.1 38 7 9.6 +5.5
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.1 25 20 5.9 +1.8
GSPY Gotham Enhanced 500 ETF 0.1 50 -5 6.1 +2.0
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 45 5.6 +1.6
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 0.1 40 5 6.5 +2.5
IWL iShares Russell Top 200 ETF 0.1 15 30 5.5 +1.5
NUSC Nuveen ESG Small-Cap ETF 0.1 30 15 5.2 +1.2
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.1 15 30 7.6 +3.6
XJR iShares ESG Screened S&P Small-Cap ETF 0.1 12 33 6.9 +2.8
VFLQ Vanguard U.S. Liquidity Factor ETF 0.1 13 32 3.5 -0.6
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.1 5 40 7.1 +3.0
IJR iShares Core S&P Small Cap ETF 0.1 6 39 7.1 +3.0
SLY SPDR S&P 600 Small Cap ETF 0.1 15 30 7.0 +2.9
VIOO Vanguard S&P Small-Cap 600 ETF 0.1 10 35 7.1 +3.0
LRGF iShares Edge MSCI Multifactor USA ETF 0.1 8 37 6.6 +2.6
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 0.1 19 26 7.5 +3.5
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.1 28 17 6.8 +2.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 36 5.8 +1.8
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -14 2.3 -1.7
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 6 6.8 +2.8
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 15 6.2 +2.1
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.1 9 36 4.4 +0.4
IWO iShares Russell 2000 Growth ETF 0.1 24 21 1.8 -2.3
VOOG Vanguard S&P 500 Growth ETF 0.1 10 35 5.2 +1.1
VTWG Vanguard Russell 2000 Growth Index Fund 0.1 15 30 1.9 -2.1
IVW iShares S&P 500 Growth ETF 0.1 18 27 5.1 +1.1
SPYG SPDR Portfolio S&P 500 Growth ETF 0.1 4 41 5.2 +1.2
ROSC Hartford Multifactor Small Cap ETF 0.1 34 11 10.0 +6.0
SSLY Syntax Stratified SmallCap ETF 0.1 40 5 6.3 +2.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 6 8.4 +4.3
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.1 12 33 6.5 +2.4
SMMD iShares Russell 2500 ETF 0.1 15 30 5.4 +1.3
ESG FlexShares STOXX US ESG Impact Index Fund 0.1 32 13 5.5 +1.4
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.1 21 24 3.7 -0.4
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 0.0 36 9 8.1 +4.0
VEU Vanguard FTSE All-World ex-US Index Fund 0.0 7 38 7.5 +3.5

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

  2017 2018 2019 2020 2021 2022E 2023E
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
  2021 2022E 2023E
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 10.5 %
Divided by: Fwd. P/BV 2.3 x
Less: Expense ratio 45 bp
Equals: ALTAR Score 4.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.56 CATEGORY
AVERAGE
1.49
 
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.