Direxion Moonshot Innovators ETF
ALTAR
Score™
-43.6% info Recommen-
dation
AVOID
2022E    2023E
P/E
ratio
-4.0x P/Sales
ratio
3.1x
P/BV
ratio
1.7x Div.
yield
0.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
MOON tracks a tier-weighted index that selects US-listed companies seeking innovative technologies.

FUND BASICS
Category US Equities
Fund Sponsor Direxion
Website www.direxion.com
Inception date Nov 12, 2020
Assets (mns) $39
Currency USD
Expense ratio 65 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 50
Wgt avg mkt cap (mns) $2,100
Large cap (>$10bn) 6.8%
Mid cap ($2-10bn) 18.1%
Small cap (<$2bn) 66.3%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
BUTTERFLY NETWORK, INC. CLASS A 4.8 %
INVITAE CORP. 3.3 %
VELODYNE LIDAR INC. 3.0 %
INNOVIZ TECHNOLOGIES LTD. 2.7 %
VUZIX CORPORATION 2.7 %
DESKTOP METAL, INC. CLASS A 2.5 %
ROBLOX CORP. CLASS A 2.5 %
AURORA INNOVATION, INC. CLASS A 2.5 %
ASANA, INC. CLASS A 2.5 %
JUMIA TECHNOLOGIES AG SPONSORED AD 2.4 %
Total 28.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 81.8 %
ISRAEL 5.2 %
GERMANY 3.6 %
CANADA 1.5 %
BRITAIN 1.1 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-44.9% -55.4% -- -- -32.3%

Market Correlations
versus... Beta R-squared
S&P500 1.03 22%
MSCI EAFE 1.12 18%
MSCI Emg. Mkts. 1.69 32%

Technical Indicators
Recent close $12.69
30d moving avg. $14.62
Annualized volatility 36.3%
Short interest (ETF) 4.2%
Short interest (Underlying) 9.9%
Relative strength (RSI) 31

Liquidity measures
Avg. volume (thou.) 42
Turnover 1.4%
Bid/Ask (% of price) 0.23%
ADV underlying (mns) $2,925

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 420 potential alternatives to the Direxion Moonshot Innovators ETF ETF based on the alternatives' overlap in portfolio holdings with MOON. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: MOON Expense: 65 bp ALTAR Score™: -43.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH MOON
Ticker Fund
Name
Overlap1
vs MOON
(%)
Expense
ratio
(bp)
Savings
vs MOON
(bp)
ALTAR
Score™
(%)
ALTAR
vs MOON
(%)
HAIL SPDR S&P Kensho Smart Mobility ETF 16.2 45 20 -1.2 +42.4
ARKK ARK Innovation ETF 13.0 75 -10 -7.4 +36.2
VERS ProShares Metaverse ETF 12.4 58 7 -5.1 +38.5
TYNE Direxion Nanotechnology ETF 11.4 65 0 -72.3 -28.7
ARKG ARK Genomic Revolution ETF 10.9 75 -10 -6.0 +37.6
ARKW ARK Web x.0 ETF 10.2 83 -18 -13.5 +30.2
ARKQ Ark Autonomous Tech. & Robotics ETF 10.0 75 -10 -3.1 +40.5
BYOB SoFi Be Your Own Boss ETF 9.5 59 6 -7.1 +36.5
XWEB SPDR S&P Internet ETF 9.2 35 30 -4.2 +39.4
LOPX Direxion Low Priced Stock ETF 8.7 50 15 -18.7 +24.9
LRNZ TrueMark Technology, AI & Deep Learning ETF 8.4 68 -3 -2.2 +41.4
MSGR Direxion mRNA ETF 8.3 65 0 -2.7 +40.9
MAKX ProShares S&P Kensho Smart Factories ETF 8.0 58 7 4.6 +48.2
XITK SPDR FactSet Innovative Technology ETF 7.8 45 20 -3.9 +39.7
WCLD WisdomTree Cloud Computing Fund 7.6 45 20 -1.7 +41.9
KOMP SPDR Kensho New Economies Composite ETF 7.4 20 45 1.0 +44.6
TWEB SoFi Web 3 ETF 7.4 59 6 -4.7 +38.9
IPO Renaissance IPO ETF 6.8 60 5 -3.4 +40.2
PUNK Subversive Metaverse ETF 6.5 75 -10 2.7 +46.3
IDNA iShares Genomics Immunology & Healthcare ETF 6.5 47 18 -8.9 +34.7
OGIG O'Shares Global Internet Giants ETF 6.3 48 17 0.0 +43.6
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 6.2 65 0 3.0 +46.6
IBBJ Defiance Nasdaq Junior Biotechnology ETF 6.0 45 20 0.0 +43.6
ZGEN Generation Z ETF 6.0 63 2 -6.0 +37.6
MVPS Amplify Thematic All-Stars ETF 5.8 49 16 2.6 +46.2
METV Roundhill Ball Metaverse ETF 5.3 59 6 5.6 +49.2
BNGE First Trust S-Network Streaming and Gaming ETF 5.2 70 -5 1.0 +44.6
THNQ ROBO Global Artificial Intelligence ETF 5.2 68 -3 3.6 +47.2
MRND IQ U.S. Mid Cap R&D Leaders ETF 5.0 16 49 2.2 +45.8
GAMR ETFMG Video Game Tech ETF 4.8 75 -10 7.9 +51.5
ARVR First Trust Indxx Metaverse ETF 4.8 70 -5 6.2 +49.8
HERO Global X Video Games & Esports ETF 4.8 50 15 6.2 +49.8
ESPO VanEck Video Gaming & eSports ETF 4.8 55 10 5.3 +48.9
VR Global X Metaverse ETF 4.8 50 15 5.3 +48.9
BULD Pacer BlueStar Engineering the Future ETF 4.8 60 5 -1.2 +42.4
BBC Virtus LifeSci Biotech Clinical Trials ETF 4.7 79 -14 0.0 +43.6
XSD SPDR S&P Semiconductor ETF 4.6 35 30 6.9 +50.5
PRNT The 3D Printing ETF 4.5 66 -1 -8.8 +34.8
GNOM Global X Genomics & Biotechnology ETF 4.5 50 15 -8.2 +35.4
OND ProShares On-Demand ETF 4.4 58 7 -6.3 +37.3
SIMS SPDR S&P Kensho Intelligent Structures ETF 4.4 45 20 2.3 +45.9
FDRV Fidelity Electric Vehicles and Future Transportation ETF 4.4 39 26 -1.2 +42.4
XBI SPDR S&P BIOTECH ETF 4.3 35 30 -4.0 +39.6
DRIV Global X Autonomous & Electric Vehicles ETF 4.2 68 -3 5.5 +49.1
NIFE Direxion Fallen Knives ETF 4.2 50 15 -5.7 +37.9
ODDS Pacer BlueStar Digital Entertainment ETF 4.2 60 5 5.3 +48.9
ROKT SPDR S&P Kensho Final Frontiers ETF 4.1 45 20 3.5 +47.1
UFO Procure Space ETF 4.1 75 -10 2.9 +46.5
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 4.1 47 18 -0.1 +43.5
JHCS John Hancock Multifactor Media & Communications ETF 4.0 40 25 9.6 +53.2
ARKX ARK Space Exploration & Innovation ETF 3.8 75 -10 3.1 +46.7
WCBR WisdomTree Cybersecurity Fund 3.5 45 20 0.2 +43.8
BOTZ Global X Robotics & Artificial Intelligence ETF 3.5 68 -3 3.4 +47.0
BBP BioShares Biotechnology Products Fund 3.3 79 -14 -3.2 +40.4
SNSR Global X Internet of Things Thematic ETF 3.2 68 -3 5.8 +49.4
SLT Pacer Salt High truBeta US Market ETF 3.1 60 5 0.0 +43.6
AIEQ AI Powered Equity ETF 3.1 75 -10 3.6 +47.2
SBIO ALPS Medical Breakthroughs ETF 3.0 50 15 -4.7 +38.9
TMFX Motley Fool Next Index ETF 3.0 50 15 4.1 +47.7
BUZZ VanEck Social Sentiment ETF 3.0 75 -10 -0.6 +43.0
FCLD Fidelity Cloud Computing ETF 3.0 39 26 5.4 +49.0
BTEK BlackRock Future Tech ETF 2.9 88 -23 0.8 +44.4
XHE SPDR S&P Health Care Equipment ETF 2.9 35 30 -0.7 +42.9
INNO Harbor Disruptive Innovation ETF 2.9 75 -10 -3.8 +39.8
GERM ETFMG Treatments Testing and Advancements ETF 2.9 68 -3 -15.6 +28.0
XHS SPDR S&P Health Care Services ETF 2.9 35 30 -0.0 +43.6
CLOU Global X Cloud Computing ETF 2.9 68 -3 2.2 +45.8
XSW SPDR S&P Software & Services ETF 2.9 35 30 5.5 +49.1
BTEC Principal Healthcare Innovators Index ETF 2.8 42 23 -5.0 +38.6
GURU Global X Guru Index ETF 2.7 75 -10 2.7 +46.3
WTAI WisdomTree Artificial Intelligence and Innovation Fund 2.7 45 20 2.6 +46.2
TRFM AAM Transformers ETF 2.7 49 16 0.0 +43.6
WDNA WisdomTree BioRevolution Fund 2.6 45 20 -4.2 +39.5
YUMY VanEck Future of Food ETF 2.6 69 -4 4.2 +47.8
TINY ProShares Nanotechnology ETF 2.5 58 7 2.3 +45.9
MTVR Fount Metaverse ETF 2.5 70 -5 7.6 +51.2
LIV Emles (a)Home ETF 2.5 49 16 5.8 +49.4
PSJ Invesco Dynamic Software ETF 2.5 56 9 4.8 +48.4
MEME Roundhill MEME ETF 2.5 69 -4 -4.2 +39.4
FMET Fidelity Metaverse ETF 2.5 39 26 6.6 +50.2
FDG American Century Focused Dynamic Growth ETF 2.5 45 20 3.2 +46.8
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.5 75 -10 4.4 +48.0
EMFQ Amplify Emerging Markets FinTech ETF 2.4 69 -4 6.6 +50.2
WWOW Direxion World Without Waste ETF 2.4 50 15 0.2 +43.8
RUFF Alpha Dog ETF 2.4 90 -25 6.1 +49.7
EDOC Global X Telemedicine & Digital Health ETF 2.4 68 -3 -2.9 +40.7
CALF Pacer US Small Cap Cash Cows 100 ETF 2.4 59 6 14.2 +57.8
FITE SPDR Kensho Future Security ETF 2.4 45 20 3.5 +47.1
FDN First Trust Dow Jones Internet Index Fund 2.4 51 14 3.7 +47.3
EATV VegTech Plant-based Innovation & Climate ETF 2.3 75 -10 -4.8 +38.8
BOSS Global X Founder-Run Companies ETF 2.3 45 20 3.7 +47.3
LOUP Innovator Loup Frontier Tech ETF 2.3 70 -5 8.4 +52.0
SPRX Spear Alpha ETF 2.3 75 -10 2.0 +45.6
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF 2.3 50 15 -16.9 +26.7
PSCU Invesco S&P SmallCap Utilities ETF 2.3 29 36 3.7 +47.3
PBS Invesco Dynamic Media ETF 2.3 63 2 -3.3 +40.3
GBGR Global Beta Momentum-Growth ETF 2.3 29 36 0.9 +44.5
HTEC ROBO Global Healthcare Technology & Innovation ETF 2.2 68 -3 -0.6 +43.1
HELX Franklin Genomic Advancements ETF 2.2 50 15 4.9 +48.5
XDNA Strategic CRISPR & Gene Editing Technology ETF 2.2 78 -13 -3.1 +40.5
BFTR Future Innovators ETF 2.2 80 -15 1.9 +45.5
CARZ First Trust NASDAQ Global Auto Index Fund 2.2 70 -5 6.8 +50.4
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 2.1 50 15 3.8 +47.4
CBTG Cabot Growth ETF 2.1 75 -10 0.0 +43.6
SKYY First Trust Cloud Computing ETF 2.1 60 5 4.6 +48.2
GK AdvisorShares Gerber Kawasaki ETF 2.0 81 -16 5.3 +48.9
ENTR Entrepreneur 30 Fund 2.0 49 16 4.1 +47.7
IWFH iShares Virtual Work and Life Multisector ETF 1.9 47 18 -1.4 +42.2
LCG Sterling Capital Focus Equity ETF 1.9 59 6 5.9 +49.5
XAR SPDR S&P Aerospace & Defense ETF 1.9 35 30 4.1 +47.7
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 1.9 56 9 6.9 +50.5
HACK ETFMG Prime Cyber Security ETF 1.9 60 5 4.1 +47.7
IHAK iShares Cybersecurity & Tech ETF 1.9 47 18 3.9 +47.5
CIBR First Trust NASDAQ CEA Cybersecurity ETF 1.9 60 5 3.7 +47.3
BUG Global X Cybersecurity ETF 1.9 50 15 1.7 +45.3
IWC iShares Micro-Cap ETF 1.9 60 5 -6.2 +37.4
WFH Direxion Work From Home ETF 1.9 45 20 5.9 +49.5
KNGS UPHOLDINGS Compound Kings ETF 1.8 60 5 4.9 +48.5
ARKF ARK Fintech Innovation ETF 1.8 75 -10 0.0 +43.6
BLOK Amplify Transformational Data Sharing ETF 1.8 71 -6 4.8 +48.4
XNTK SPDR NYSE Technology ETF 1.8 35 30 6.6 +50.2
EKAR Innovation Shares NextGen Vehicles & Technology ETF 1.8 65 0 6.8 +50.4
PBW Invesco WilderHill Clean Energy ETF 1.7 61 4 -8.0 +35.6
QTUM Defiance Quantum ETF 1.7 40 25 6.3 +49.9
HLGE Hartford Longevity Economy ETF 1.7 44 21 9.4 +53.0
ISCG iShares Morningstar Small-Cap Growth ETF 1.7 6 59 1.7 +45.3
FTXL First Trust Nasdaq Semiconductor ETF 1.6 60 5 10.0 +53.6
PLAT WisdomTree Modern Tech Platforms Fund 1.6 20 45 -0.1 +43.5
ITEQ BlueStar Israel Technology ETF 1.6 75 -10 1.1 +44.7
AOTG AOT Growth and Innovation ETF 1.6 75 -10 3.2 +46.8
AFK VanEck Africa Index ETF 1.6 77 -12 10.3 +53.9
UAV AdvisorShares Drone Technology ETF 1.6 99 -34 6.4 +50.0
IWO iShares Russell 2000 Growth ETF 1.5 24 41 2.2 +45.8
VTWG Vanguard Russell 2000 Growth Index Fund 1.5 15 50 2.4 +46.0
RNSC Small Cap US Equity Select ETF 1.5 60 5 10.9 +54.5
FTXR First Trust Nasdaq Transportation ETF 1.5 60 5 5.6 +49.2
HAPY Harbor Corporate Culture Leaders ETF 1.5 50 15 3.2 +46.8
DTOX Amplify Cleaner Living ETF 1.4 59 6 -0.9 +42.7
IWM iShares Russell 2000 ETF 1.4 19 46 4.5 +48.1
FDHT Fidelity Digital Health ETF 1.4 39 26 0.3 +43.9
VTWO Vanguard Russell 2000 Index Fund 1.4 10 55 4.7 +48.3
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.4 9 56 5.5 +49.1
FCOM Fidelity MSCI Telecommunication Services Index ETF 1.4 8 57 8.2 +51.8
VOT Vanguard Mid-Cap Growth Index Fund 1.4 7 58 4.9 +48.5
VBK Vanguard Small-Cap Growth Index Fund 1.3 7 58 2.2 +45.8
PSCT Invesco S&P SmallCap Information Technology ETF 1.3 29 36 7.5 +51.1
ROBO Robo Global Robotics & Automation Index ETF 1.3 95 -30 4.1 +47.7
VOX Vanguard Telecommunication Services Index Fund 1.3 10 55 9.3 +52.9
IWN iShares Russell 2000 Value ETF 1.3 24 41 6.9 +50.5
VTWV Vanguard Russell 2000 Value Index Fund 1.3 15 50 7.0 +50.6
TRFK Pacer Data and Digital Revolution ETF 1.3 60 5 6.8 +50.4
AIQ Global X Future Analytics Tech ETF 1.3 68 -3 6.0 +49.6
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 1.3 60 5 8.1 +51.7
HYDR Global X Hydrogen ETF 1.3 50 15 -19.8 +23.8
AILG Alpha Intelligent - Large Cap Growth ETF 1.3 85 -20 4.5 +48.1
CRPT First Trust SkyBridge Crypto Industry and Digital Economy ET 1.2 85 -20 0.7 +44.3
XDAT Franklin Exponential Data ETF 1.2 50 15 3.9 +47.5
SOCL Global X Social Media ETF 1.2 65 0 3.7 +47.3
NUMG Nuveen ESG Mid-Cap Growth ETF 1.2 30 35 3.6 +47.2
BBH VanEck Biotech ETF 1.2 35 30 5.8 +49.4
IBBQ Invesco Nasdaq Biotechnology ETF 1.1 19 46 -0.5 +43.1
NUSC Nuveen ESG Small-Cap ETF 1.1 30 35 6.4 +50.0
IBB iShares NASDAQ Biotechnology ETF 1.1 45 20 -0.3 +43.3
ISCB iShares Morningstar Small-Cap ETF 1.1 4 61 5.8 +49.4
SQLV Legg Mason Small-Cap Quality Value 1.1 61 4 12.3 +55.9
VXF Vanguard Extended Market Index Fund 1.1 6 59 4.5 +48.1
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.1 57 8 6.3 +49.9
IGV iShares Expanded Tech-Software ETF 1.1 43 22 4.5 +48.1
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.0 35 30 6.5 +50.1
DTEC ALPS Disruptive Technologies ETF 1.0 50 15 4.5 +48.1
RYJ Invesco Raymond James SB-1 Equity ETF 1.0 75 -10 3.6 +47.2
FYC First Trust Small Cap Growth AlphaDEX Fund 1.0 70 -5 3.5 +47.1
FTQI First Trust Nasdaq BuyWrite Income ETF 1.0 85 -20 4.6 +48.2
XT iShares Exponential Technologies ETF 1.0 46 19 4.9 +48.5
SSLY Syntax Stratified SmallCap ETF 0.9 40 25 8.0 +51.6
PNQI Invesco NASDAQ Internet ETF 0.9 60 5 3.5 +47.1
RYLD Global X Russell 2000 Covered Call ETF 0.9 60 5 4.2 +47.8
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.9 95 -30 2.7 +46.3
IBUY Amplify Online Retail ETF 0.9 65 0 0.0 +43.6
IWP iShares Russell Mid-Cap Growth ETF 0.9 23 42 5.2 +48.8
RBLD First Trust Alerian US NextGen Infrastructure ETF 0.9 65 0 8.7 +52.3
ROCI ROC ETF 0.9 49 16 5.7 +49.3
JIG JPMorgan International Growth ETF 0.8 55 10 5.1 +48.7
FMIL Fidelity New Millennium ETF 0.8 59 6 7.7 +51.3
SCHA Schwab U.S. Small-Cap ETF 0.8 4 61 6.1 +49.7
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 0.8 49 16 7.4 +51.0
IDAT iShares Cloud 5G and Tech ETF 0.8 47 18 7.6 +51.2
PBSM Invesco PureBeta MSCI USA Small Cap ETF 0.8 6 59 6.3 +49.9
CSML IQ Chaikin U.S. Small Cap ETF 0.8 35 30 6.7 +50.3
TECB iShares US Tech Breakthrough Multisector ETF 0.8 40 25 6.9 +50.5
VUSE Vident Core US Equity Fund 0.8 50 15 11.9 +55.5
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 0.8 17 48 6.3 +49.9
BKSE BNY Mellon US Small Cap Core Equity ETF 0.8 4 61 6.5 +50.1
VO Vanguard Mid-Cap Index Fund 0.8 4 61 6.8 +50.4
LRGE ClearBridge Large Cap Growth ESG ETF 0.8 59 6 4.7 +48.3
IMCG iShares Morningstar Mid-Cap Growth ETF 0.7 6 59 5.3 +48.9
AVSC Avantis U.S Small Cap Equity ETF 0.7 25 40 5.9 +49.5
JFWD Jacob Forward ETF 0.7 75 -10 -13.0 +30.6
EKG First Trust Nasdaq Lux Digital Health Solutions ETF 0.7 65 0 -0.0 +43.6
PBD Invesco Global Clean Energy ETF 0.7 75 -10 -2.2 +41.4
EBIZ Global X E-Commerce ETF 0.7 50 15 2.8 +46.4
VB Vanguard Small-Cap ETF 0.7 5 60 6.6 +50.2
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.7 39 26 5.5 +49.1
FPX First Trust US IPO Index Fund 0.6 57 8 3.2 +46.8
SIZE iShares MSCI USA Size Factor ETF 0.6 15 50 6.6 +50.2
EUSA iShares MSCI USA Equal Weighted ETF 0.6 9 56 6.7 +50.3
CSD Invesco S&P Spin-Off ETF 0.6 65 0 6.7 +50.3
ANEW ProShares MSCI Transformational Changes ETF 0.6 45 20 4.8 +48.4
DWMC AdvisorShares Dorsey Wright Micro-Cap ETF 0.6 127 -62 6.2 +49.8
ACES ALPS Clean Energy ETF 0.6 55 10 -1.2 +42.4
IWR iShares Russell Midcap ETF 0.6 19 46 6.9 +50.5
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.5 7 58 6.4 +50.0
IUSS Invesco Strategic US Small Company ETF 0.5 23 42 7.9 +51.5
NULG Nuveen ESG Large-Cap Growth ETF 0.5 25 40 5.3 +48.9
MILN Global X Millennial Consumer ETF 0.5 50 15 3.4 +47.0
ETHO Etho Climate Leadership U.S. ETF 0.5 47 18 5.4 +49.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.5 20 45 8.0 +51.6
NUMV Nuveen ESG Mid-Cap Value ETF 0.5 30 35 10.0 +53.6
BATT Amplify Lithium & Battery Technology ETF 0.5 59 6 2.6 +46.2
CACG ClearBridge All Cap Growth ETF 0.5 53 12 4.8 +48.4
EES WisdomTree SmallCap Earnings Fund 0.5 38 27 11.8 +55.4
SLYG SPDR S&P 600 Small Cap Growth ETF 0.5 15 50 8.6 +52.2
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 0.5 35 30 9.2 +52.8
IJT iShares S&P Small-Cap 600 Growth ETF 0.5 18 47 8.6 +52.2
NZRO Strategy Shares Halt Climate Change ETF 0.5 95 -30 2.0 +45.6
IYC iShares U.S. Consumer Services ETF 0.5 43 22 4.3 +47.9
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.5 16 49 8.6 +52.2
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.5 9 56 7.2 +50.8
SLY SPDR S&P 600 Small Cap ETF 0.4 15 50 8.6 +52.2
EIS iShares MSCI Israel ETF 0.4 57 8 9.6 +53.2
KLDW Gavekal Knowledge Leaders Developed World ETF 0.4 75 -10 6.2 +49.8
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.4 5 60 8.7 +52.3
IJR iShares Core S&P Small Cap ETF 0.4 6 59 8.7 +52.3
VIOO Vanguard S&P Small-Cap 600 ETF 0.4 10 55 8.7 +52.3
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.4 15 50 9.0 +52.6
IJS iShares S&P Small-cap 600 Value ETF 0.4 18 47 8.9 +52.5
JHMT John Hancock Multifactor Technology ETF 0.4 40 25 7.6 +51.2
XPH SPDR S&P Pharmaceuticals ETF 0.4 35 30 -1.6 +42.0
SLYV SPDR S&P 600 Small Cap Value ETF 0.4 15 50 8.9 +52.5
ITA iShares U.S. Aerospace & Defense ETF 0.4 42 23 6.4 +50.0
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 0.4 86 -21 1.5 +45.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.4 20 45 7.1 +50.7
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 0.4 30 35 10.7 +54.3
IGM iShares Expanded Tech Sector ETF 0.4 43 22 6.3 +49.9
TINT ProShares Smart Materials ETF 0.4 58 7 7.9 +51.5
SVAL iShares US Small Cap Value Factor ETF 0.4 20 45 12.1 +55.7
IYW iShares U.S. Technology ETF 0.4 43 22 6.8 +50.4
ISCV iShares Morningstar Small Cap Value ETF 0.4 6 59 9.6 +53.2
IMCB iShares Morningstar Mid-Cap ETF 0.4 4 61 7.2 +50.8
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.4 4 61 7.2 +50.8
VGT Vanguard Information Technology Index Fund 0.4 10 55 6.7 +50.3
IWS iShares Russell Mid-Cap Value ETF 0.4 23 42 8.0 +51.6
ISRA VanEck Israel ETF 0.4 59 6 9.9 +53.5
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 0.4 40 25 8.3 +51.9
SSPX Janus Henderson U.S. Sustainable Equity ETF 0.4 55 10 5.0 +48.6
FTEC Fidelity MSCI Information Technology Index ETF 0.3 8 57 6.7 +50.3
SXUS Janus Henderson International Sustainable Equity ETF 0.3 60 5 5.3 +48.9
FYX First Trust Small Cap Core AlphaDEX Fund 0.3 61 4 11.1 +54.7
RFFC RiverFront Dynamic US Flex-Cap ETF 0.3 52 13 6.6 +50.2
SCHM Schwab U.S. Mid-Cap ETF 0.3 4 61 7.3 +50.9
SAGP Strategas Global Policy Opportunities ETF 0.3 65 0 8.5 +52.1
IETC iShares Evolved U.S. Technology ETF 0.3 18 47 6.2 +49.8
DFAS Dimensional U.S. Small Cap ETF 0.3 28 37 7.8 +51.4
ERSX ERShares NextGen Entrepreneurs ETF 0.3 75 -10 7.4 +51.0
IDRV iShares Self-driving EV & Tech ETF 0.3 47 18 8.5 +52.1
CGGR Capital Group Growth ETF 0.3 39 26 5.2 +48.8
SFYF SoFi 50 ETF 0.3 29 36 -2.5 +41.1
IQM Franklin Intelligent Machines ETF 0.3 50 15 4.2 +47.8
LRND IQ U.S. Large Cap R&D Leaders ETF 0.3 14 51 8.2 +51.8
FXL First Trust Technology AlphaDEX Fund 0.3 61 4 9.3 +52.9
VEGN US Vegan Climate ETF 0.3 60 5 6.7 +50.3
KROP Global X AgTech & Food Innovation ETF 0.3 50 15 0.8 +44.4
VFQY Vanguard U.S. Quality Factor ETF 0.3 13 52 9.3 +52.9
XOUT GraniteShares XOUT U.S. Large Cap ETF 0.3 60 5 6.2 +49.8
IVES Wedbush ETFMG Global Cloud Technology ETF 0.3 68 -3 4.4 +48.0
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.3 25 40 9.3 +52.9
AFSM First Trust Active Factor Small Cap ETF 0.3 77 -12 9.7 +53.3
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.3 24 41 9.0 +52.6
FBCG Fidelity Blue Chip Growth ETF 0.3 59 6 3.1 +46.7
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 0.2 20 45 6.4 +50.0
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.2 25 40 7.3 +50.9
SHE SPDR SSGA Gender Diversity Index ETF 0.2 20 45 7.1 +50.7
VUG Vanguard Growth Index Fund 0.2 4 61 5.5 +49.1
VTHR Vanguard Russell 3000 Index Fund 0.2 10 55 6.6 +50.2
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 0.2 35 30 9.6 +53.2
IWV iShares Russell 3000 ETF 0.2 20 45 6.5 +50.1
SFY SoFi Select 500 ETF 0.2 0 65 6.7 +50.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.2 39 26 10.8 +54.4
VTI Vanguard Total Stock Market Index Fund 0.2 3 62 6.5 +50.1
VFMV Vanguard U.S. Minimum Volatility ETF 0.2 13 52 6.9 +50.5
SMOG VanEck Low Carbon Energy ETF 0.2 55 10 2.1 +45.7
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.2 25 40 7.4 +51.0
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.2 63 2 5.2 +48.8
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.2 21 44 4.6 +48.2
IHF iShares U.S. Healthcare Providers ETF 0.2 42 23 6.4 +50.0
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.2 15 50 9.3 +52.9
VBR Vanguard Small Cap Value Index Fund 0.2 7 58 9.5 +53.1
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.2 29 36 8.4 +52.0
XJR iShares ESG Screened S&P Small-Cap ETF 0.2 12 53 8.5 +52.1
SQEW LeaderShares Equity Skew ETF 0.2 75 -10 6.9 +50.5
IBLC iShares Blockchain and Tech ETF 0.2 47 18 -10.5 +33.1
VOE Vanguard Mid-Cap Value Index Fund 0.2 7 58 8.7 +52.3
FHLC Fidelity MSCI Health Care Index ETF 0.2 8 57 6.7 +50.3
FMAT Fidelity MSCI Materials Index ETF 0.2 8 57 9.0 +52.6
VAW Vanguard Materials Index Fund 0.2 10 55 8.9 +52.5
SMMD iShares Russell 2500 ETF 0.2 15 50 6.6 +50.2
SCHG Schwab U.S. Large-Cap Growth ETF 0.2 4 61 5.3 +48.9
GWX SPDR S&P International Small Cap ETF 0.2 40 25 5.6 +49.2
VONG Vanguard Russell 1000 Growth Index Fund 0.2 8 57 6.1 +49.7
QGRO American Century STOXX U.S. Quality Growth ETF 0.2 29 36 7.0 +50.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 62 6.6 +50.2
IWF iShares Russell 1000 Growth ETF 0.2 19 46 6.0 +49.6
ILCG iShares Morningstar Growth ETF 0.2 4 61 5.3 +48.9
VHT Vanguard Health Care Index Fund 0.2 10 55 6.9 +50.5
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 56 6.8 +50.4
IHE iShares U.S. Pharmaceuticals ETF 0.2 42 23 7.0 +50.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 56 7.0 +50.6
QQMG Invesco ESG NASDAQ 100 ETF 0.2 20 45 6.9 +50.5
DFAT Dimensional U.S. Targeted Value ETF 0.2 29 36 9.8 +53.4
TMFC Motley Fool 100 Index ETF 0.2 50 15 5.3 +48.9
FYT First Trust Small Cap Value AlphaDEX Fund 0.2 71 -6 16.6 +60.2
VONE Vanguard Russell 1000 ETF 0.2 8 57 6.8 +50.4
SCHB Schwab U.S. Broad Market ETF 0.1 3 62 6.7 +50.3
SFYX Sofi Next 500 ETF 0.1 0 65 6.5 +50.1
VFMF Vanguard U.S. Multifactor ETF 0.1 18 47 10.8 +54.4
IWB iShares Russell 1000 ETF 0.1 15 50 6.7 +50.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 15 50 6.7 +50.3
DWLD Davis Select Worldwide ETF 0.1 62 3 8.3 +51.9
QRMI Global X NASDAQ 100 Risk Managed Income ETF 0.1 60 5 5.5 +49.1
VV Vanguard Large-Cap Index Fund 0.1 4 61 6.8 +50.4
LRGF iShares Edge MSCI Multifactor USA ETF 0.1 8 57 8.0 +51.6
QCLR Global X NASDAQ 100 Collar 95-110 ETF 0.1 60 5 5.4 +49.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 58 6.8 +50.4
NULC Nuveen ESG Large-Cap ETF 0.1 20 45 6.7 +50.3
QYLD Global X NASDAQ 100 Covered Call ETF 0.1 60 5 6.0 +49.6
VONV Vanguard Russell 1000 Value Index Fund 0.1 8 57 8.4 +52.0
QQQ Invesco QQQ Trust 0.1 20 45 6.4 +50.0
IWD iShares Russell 1000 Value ETF 0.1 19 46 8.3 +51.9
QQQM Invesco NASDAQ 100 ETF 0.1 15 50 6.7 +50.3
IYY iShares Dow Jones U.S. ETF 0.1 20 45 6.6 +50.2
NUSI Nationwide Risk-Managed Income ETF 0.1 68 -3 5.2 +48.8
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 0.1 60 5 6.0 +49.6
SUSA iShares MSCI USA ESG Select ETF 0.1 25 40 6.7 +50.3
PSC Principal U.S. Small Cap Index ETF 0.1 38 27 8.5 +52.1
SCHK Schwab 1000 Index ETF 0.1 5 60 6.8 +50.4
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 26 8.3 +51.9
JHMM John Hancock Multifactor Mid Cap ETF 0.1 41 24 7.9 +51.5
FIDU Fidelity MSCI Industrials Index ETF 0.1 8 57 6.9 +50.5
QTR Global X NASDAQ 100 Tail Risk ETF 0.1 60 5 5.9 +49.5
FSMD Fidelity Small-Mid Factor ETF 0.1 29 36 9.8 +53.4
PBUS Invesco PureBeta MSCI USA ETF 0.1 4 61 6.8 +50.4
TMFE Motley Fool Capital Efficiency 100 Index ETF 0.1 50 15 6.8 +50.4
ESGU iShares MSCI USA ESG Optimized ETF 0.1 15 50 6.8 +50.4
VIS Vanguard Industrials Index Fund 0.1 10 55 6.5 +50.1
IQSU IQ Candriam ESG US Equity ETF 0.1 9 56 6.5 +50.1
VFVA Vanguard U.S. Value Factor ETF 0.1 13 52 14.2 +57.8
ROSC Hartford Multifactor Small Cap ETF 0.1 34 31 12.3 +55.9
DES WisdomTree U.S. SmallCap Dividend Fund 0.1 38 27 10.5 +54.1
JHMH John Hancock Multifactor Healthcare ETF 0.1 40 25 7.6 +51.2
IHI iShares U.S. Medical Devices ETF 0.1 41 24 4.9 +48.5
HEET Hartford Schroders ESG US Equity ETF 0.1 39 26 7.9 +51.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 0.1 86 -21 1.9 +45.5
VEGI iShares MSCI Global Agriculture Producers ETF 0.1 39 26 7.3 +50.9
USXF iShares ESG Advanced MSCI USA ETF 0.1 10 55 6.9 +50.5
VT Vanguard Total World Stock ETF 0.1 7 58 7.3 +50.9
HKND Humankind US Stock ETF 0.1 11 54 8.4 +52.0
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 56 7.1 +50.7
TOK iShares MSCI Kokusai ETF 0.1 25 40 6.9 +50.5
VFLQ Vanguard U.S. Liquidity Factor ETF 0.1 13 52 4.2 +47.8
URTH iShares MSCI World ETF 0.1 24 41 6.9 +50.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 63 6.8 +50.4
DFAU Dimensional US Core Equity Market ETF 0.1 12 53 7.1 +50.7
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 62 6.8 +50.4
SCHX Schwab U.S. Large-Cap ETF 0.1 3 62 6.8 +50.4
DSI iShares MSCI KLD 400 Social ETF 0.1 25 40 7.0 +50.6
HLAL Wahed FTSE USA Shariah ETF 0.1 50 15 6.3 +49.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 19 46 7.8 +51.4
ACWI iShares MSCI ACWI ETF 0.1 32 33 7.1 +50.7
VOTE Engine No. 1 Transform 500 ETF 0.1 5 60 6.8 +50.4
AVUS Avantis U.S. Equity ETF 0.1 15 50 8.0 +51.6
VDNI V-Shares US Leadership Diversity ETF 0.1 29 36 7.3 +50.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 45 7.4 +51.0
BUYZ Franklin Disruptive Commerce ETF 0.1 50 15 4.9 +48.5
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 0.1 36 29 8.6 +52.2
IYH iShares U.S. Healthcare ETF 0.1 41 24 7.6 +51.2
JHML John Hancock Multifactor Large Cap ETF 0.1 29 36 7.2 +50.8
JHSC John Hancock Multifactor Small Cap ETF 0.1 42 23 7.6 +51.2
DFUS Dimensional U.S. Equity ETF 0.1 11 54 6.9 +50.5
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 51 6.9 +50.5
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.0 10 55 6.5 +50.1
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.0 10 55 7.1 +50.7
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 45 6.8 +50.4
VTV Vanguard Value Index Fund 0.0 4 61 8.6 +52.2
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 0.0 19 46 9.2 +52.8
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 25 7.0 +50.6
FAB First Trust Multi Cap Value AlphaDEX Fund 0.0 69 -4 12.8 +56.4
EPS WisdomTree U.S. Earnings 500 Fund 0.0 8 57 8.6 +52.2
EZM WisdomTree U.S. MidCap Earnings Fund 0.0 38 27 11.7 +55.3
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.0 10 55 6.3 +49.9
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 35 7.8 +51.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.0 25 40 8.5 +52.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 30 35 8.5 +52.1
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 47 18 8.1 +51.7
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 53 9.3 +52.9
ACVF American Conservative Values ETF 0.0 75 -10 6.1 +49.7
DFUV Dimensional US Marketwide Value ETF 0.0 23 42 9.8 +53.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 4 61 8.3 +51.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.0 12 53 6.8 +50.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.0 47 18 6.8 +50.4
FSTA Fidelity MSCI Consumer Staples Index ETF 0.0 8 57 6.1 +49.7
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 50 7.5 +51.1
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 61 8.4 +52.0
SPTM SPDR Portfolio Total Stock Market ETF 0.0 3 62 7.1 +50.7
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.0 8 57 5.5 +49.1
MXDU Nationwide Maximum Diversification US Core Equity ETF 0.0 34 31 0.0 +43.6
VDC Vanguard Consumer Staples Index Fund 0.0 10 55 6.2 +49.8
IEFA iShares Core MSCI EAFE ETF 0.0 7 58 8.3 +51.9
AVDE Avantis International Equity ETF 0.0 23 42 9.8 +53.4
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 53 6.8 +50.4
VCR Vanguard Consumer Discretionary Index Fund 0.0 10 55 5.6 +49.2

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

  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:
Direxion Moonshot Innovators ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID

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

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity -100.4 %
Divided by: Fwd. P/BV 2.3 x
Less: Expense ratio 65 bp
Equals: ALTAR Score -43.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.51 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.