VanEck Mortgage REIT Income ETF
ALTAR
Score™		 13.5% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 7.0x P/Sales
ratio		 3.5x
P/BV
ratio		 0.8x Div.
yield		 12.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
VanEck Vectors Mortgage REIT Income ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to replicate, as closely as possible, before fees and expenses, the price and yield performance of the VanEck Vectors Mortgage REIT Index.

FUND BASICS
Category US Equities
Fund Sponsor Van Eck Associates Corp
Website www.vaneck.com
Inception date Aug 16, 2011
Assets (mns) $251
Currency USD
Expense ratio 43 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 28
Wgt avg mkt cap (mns) $6,548
Large cap (>$10bn) 14.7%
Mid cap ($2-10bn) 48.7%
Small cap (<$2bn) 36.6%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ANNALY CAPITAL MANAGEMENT IN 14.4 %
AGNC INVESTMENT CORP. 11.6 %
STARWOOD PROPERTY TRUST INC 9.9 %
NEW RESIDENTIAL INVESTMENT 8.9 %
CAPITAL TRUST-CL A 4.9 %
ARBOR REALTY TRUST INC 4.6 %
HANNON ARMSTRONG SUSTAINABLE 4.6 %
READY CAPITAL CORPORATION 3.6 %
LADDER CAPITAL CORP-CLASS A 3.5 %
APOLLO COMMERCIAL REAL ESTAT 3.4 %
Total 69.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 100.1 %










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.
-5.4% 12.4% -5.0% 1.3% 3.5%

Market Correlations
versus... Beta R-squared
S&P500 1.42 72%
MSCI EAFE 1.46 70%
MSCI Emg. Mkts. 1.14 46%

Technical Indicators
Recent close $10.88
30d moving avg. $11.19
Annualized volatility 29.7%
Short interest (ETF) 0.4%
Short interest (Underlying) 2.9%
Relative strength (RSI) 69

Liquidity measures
Avg. volume (thou.) 317
Turnover 1.4%
Bid/Ask (% of price) 0.11%
ADV underlying (mns) $487

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 187 potential alternatives to the VanEck Mortgage REIT Income ETF ETF based on the alternatives' overlap in portfolio holdings with MORT. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: MORT Expense: 43 bp ALTAR Score™: 13.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH MORT
Ticker Fund
Name		 Overlap1
vs MORT
(%)		 Expense
ratio
(bp)		 Savings
vs MORT
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs MORT
(%)
REM iShares Mortgage Real Estate ETF 69.2 48 -5 14.3 +0.8
SRET Global X SuperDividend REIT ETF 31.9 59 -16 10.1 -3.4
KBWD Invesco KBW High Dividend Yield Financial ETF 27.1 384 -341 8.3 -5.2
RIET Hoya Capital High Dividend Yield ETF 26.0 50 -7 14.4 +0.9
SDIV Global X Superdividend ETF 19.2 58 -15 17.3 +3.9
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 12.4 30 13 12.3 -1.2
PSCF Invesco S&P SmallCap Financials ETF 5.5 29 14 10.2 -3.3
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 5.5 60 -17 7.6 -5.8
HOMZ Hoya Capital Housing ETF 4.7 30 13 8.1 -5.4
TAN Invesco Solar ETF 4.6 67 -24 6.0 -7.5
XSVM Invesco S&P SmallCap Value with Momentum ETF 3.8 36 7 11.0 -2.5
ACES ALPS Clean Energy ETF 3.6 55 -12 -4.9 -18.4
VIOV Vanguard S&P Small-Cap 600 Value ETF 2.5 15 28 8.6 -4.9
FYT First Trust Small Cap Value AlphaDEX Fund 2.4 73 -30 11.7 -1.8
IJS iShares S&P Small-Cap 600 Value ETF 2.4 18 25 9.3 -4.2
SLYV SPDR S&P 600 Small Cap Value ETF 2.3 15 28 9.3 -4.2
RNSC Furst Trust Small Cap US Equity Select ETF 2.2 60 -17 8.4 -5.1
DVLU First Trust Dorsey Wright Momentum & Value ETF 2.1 60 -17 10.2 -3.3
USVT US Value ETF 1.9 49 -6 11.3 -2.2
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.9 29 14 7.3 -6.2
ISCV iShares Morningstar Small Cap Value ETF 1.9 6 37 8.1 -5.4
IYR iShares U.S. Real Estate ETF 1.8 40 3 7.2 -6.3
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 1.8 75 -32 7.8 -5.7
IWN iShares Russell 2000 Value ETF 1.7 24 19 5.6 -7.9
FXO First Trust Financials AlphaDEX Fund 1.7 62 -19 9.3 -4.2
VTWV Vanguard Russell 2000 Value ETF 1.7 15 28 5.8 -7.7
XSLV Invesco S&P SmallCap Low Volatility ETF 1.7 25 18 6.8 -6.7
FYX First Trust Small Cap Core AlphaDEX Fund 1.6 61 -18 7.1 -6.4
XJR iShares ESG Screened S&P Small-Cap ETF 1.6 12 31 7.7 -5.8
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.5 58 -15 -0.3 -13.8
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 1.5 15 28 8.2 -5.3
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.5 52 -9 6.3 -7.2
RZG Invesco S&P Smallcap 600 Pure Growth ETF 1.5 35 8 7.1 -6.3
NUMV Nuveen ESG Mid-Cap Value ETF 1.4 31 12 7.4 -6.1
VIOO Vanguard S&P Small-Cap 600 ETF 1.4 10 33 7.7 -5.7
AUSF Global X Adaptive U.S. Factor ETF 1.4 27 16 9.0 -4.5
IJR iShares Core S&P Small Cap ETF 1.4 6 37 8.1 -5.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.4 9 34 3.9 -9.6
SPSM SPDR Portfolio S&P 600 Small Cap ETF 1.4 3 40 8.2 -5.3
PFI Invesco Dorsey Wright Financial Momentum ETF 1.4 60 -17 6.3 -7.2
NUSC Nuveen ESG Small-Cap ETF 1.4 31 12 5.1 -8.4
HDUS Hartford Disciplined US Equity ETF 1.3 19 24 6.2 -7.3
FNDA Schwab Fundamental US Small Co. Index ETF 1.3 25 18 6.8 -6.7
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.3 25 18 8.8 -4.7
FYC First Trust Small Cap Growth AlphaDEX Fund 1.3 71 -28 0.9 -12.6
VBR Vanguard Small Cap Value ETF 1.2 7 36 8.2 -5.3
BLLD JPMorgan Sustainable Infrastructure ETF 1.1 49 -6 6.2 -7.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.1 39 4 4.5 -9.0
FNK First Trust Mid Cap Value AlphaDEX Fund 1.1 70 -27 9.2 -4.3
QDF FlexShares Quality Dividend Index Fund 1.0 37 6 5.0 -8.5
PBD Invesco Global Clean Energy ETF 1.0 75 -32 -3.8 -17.3
OSCV Opus Small Cap Value ETF 1.0 79 -36 6.4 -7.1
RNMC First Trust Mid Cap US Equity Select ETF 1.0 60 -17 7.8 -5.6
ISCB iShares Morningstar Small-Cap ETF 0.9 4 39 5.3 -8.2
SMDV ProShares Russell 2000 Dividend Growers ETF 0.9 40 3 7.2 -6.3
ISMD Inspire Small/Mid Cap ETF 0.9 54 -11 6.0 -7.4
IWM iShares Russell 2000 ETF 0.9 19 24 3.6 -9.9
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.9 15 28 6.3 -7.2
VTWO Vanguard Russell 2000 ETF 0.9 10 33 3.8 -9.7
SCHA Schwab U.S. Small-Cap ETF 0.8 4 39 4.9 -8.6
SFYX SoFi Next 500 ETF 0.8 0 43 5.6 -7.9
FNCL Fidelity MSCI Financials Index ETF 0.8 8 35 6.5 -7.0
FAB First Trust Multi Cap Value AlphaDEX Fund 0.8 67 -24 9.2 -4.2
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.8 39 4 9.4 -4.1
BKSE BNY Mellon US Small Cap Core Equity ETF 0.8 4 39 5.7 -7.8
FNX First Trust Mid Cap Core AlphaDEX Fund 0.8 60 -17 6.0 -7.5
STXK Strive Small-Cap ETF 0.8 18 25 5.5 -8.0
SCHM Schwab U.S. Mid-Cap ETF 0.7 4 39 6.3 -7.2
IWC iShares Micro-Cap ETF 0.7 60 -17 -4.3 -17.8
JVAL JPMorgan U.S. Value Factor ETF 0.7 12 31 8.3 -5.2
QDEF FlexShares Quality Dividend Defensive Index Fund 0.7 37 6 4.8 -8.7
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.7 80 -37 6.5 -7.0
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.7 24 19 8.0 -5.5
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.7 4 39 6.1 -7.4
ETHO Etho Climate Leadership U.S. ETF 0.7 47 -4 4.0 -9.5
VB Vanguard Small-Cap ETF 0.7 5 38 5.4 -8.1
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.6 35 8 7.4 -6.1
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.6 70 -27 1.8 -11.7
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.6 15 28 7.4 -6.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.6 7 36 5.7 -7.8
SMLE Xtrackers S&P SmallCap 600 ESG ETF 0.6 15 28 7.5 -6.0
SSLY Syntax Stratified SmallCap ETF 0.6 40 3 7.4 -6.1
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.6 27 16 8.4 -5.0
VFH Vanguard Financials ETF 0.6 10 33 6.5 -7.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.6 20 23 6.7 -6.8
VXF Vanguard Extended Market ETF 0.6 6 37 3.9 -9.6
SMLF iShares U.S. SmallCap Equity Factor ETF 0.6 15 28 5.8 -7.7
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.6 39 4 8.9 -4.6
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.6 17 26 5.4 -8.1
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.5 25 18 5.6 -7.9
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.5 15 28 7.6 -5.9
SMOG VanEck Low Carbon Energy ETF 0.5 61 -18 3.0 -10.5
MDYV SPDR S&P 400 Mid Cap Value ETF 0.5 15 28 8.2 -5.3
IJJ iShares S&P Mid-Cap 400 Value ETF 0.5 18 25 8.2 -5.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.5 18 25 7.6 -5.9
ESIX SPDR S&P SmallCap 600 ESG ETF 0.5 12 31 7.7 -5.8
ONEY SPDR Russell 1000 Yield Focus ETF 0.4 20 23 10.0 -3.5
IJT iShares S&P Small-Cap 600 Growth ETF 0.4 18 25 7.0 -6.5
SLYG SPDR S&P 600 Small Cap Growth ETF 0.4 15 28 7.0 -6.5
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.4 64 -21 2.0 -11.4
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.4 24 19 7.8 -5.7
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.4 29 14 9.1 -4.4
CCSO Carbon Collective Climate Solutions US Equity ETF 0.4 35 8 2.3 -11.2
IYF iShares U.S. Financials ETF 0.4 40 3 6.3 -7.2
FLDZ RiverNorth Patriot ETF 0.4 75 -32 5.8 -7.7
SMDY Syntax Stratified MidCap ETF 0.3 35 8 6.3 -7.2
RZV Invesco S&P Smallcap 600 Pure Value ETF 0.3 35 8 10.4 -3.1
SMMD iShares Russell 2500 ETF 0.3 15 28 6.0 -7.5
XJH iShares ESG Screened S&P Mid-Cap ETF 0.3 12 31 6.8 -6.7
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.3 15 28 7.1 -6.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 29 14 6.3 -7.2
FSMD Fidelity Small-Mid Multifactor ETF 0.2 15 28 7.6 -5.9
DEUS Xtrackers Russell US Multifactor ETF 0.2 17 26 7.1 -6.4
MDY SPDR S&P Midcap 400 ETF Trust 0.2 23 20 6.7 -6.8
IVOO Vanguard S&P Mid-Cap 400 ETF 0.2 10 33 6.9 -6.6
IWS iShares Russell Mid-Cap Value ETF 0.2 23 20 6.6 -6.9
IJH iShares Core S&P Mid-Cap ETF 0.2 5 38 6.9 -6.6
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.2 3 40 6.9 -6.5
NUDV Nuveen ESG Dividend ETF 0.2 26 17 7.5 -6.0
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.2 15 28 6.9 -6.6
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 23 8.0 -5.5
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 4 7.3 -6.2
STXV Strive 1000 Value ETF 0.2 18 25 7.8 -5.7
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 23 6.0 -7.5
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.2 45 -2 6.2 -7.3
DIVB iShares Core Dividend ETF 0.2 5 38 8.0 -5.5
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.2 30 13 8.0 -5.5
ONEO SPDR Russell 1000 Momentum Focus ETF 0.2 20 23 7.1 -6.4
FNDB Schwab Fundamental US Broad Market Index ETF 0.2 25 18 7.1 -6.4
IWR iShares Russell Midcap ETF 0.2 19 24 5.7 -7.8
PSC Principal U.S. Small-Cap ETF 0.2 38 5 6.5 -7.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 34 5.7 -7.8
VLU SPDR S&P 1500 Value Tilt ETF 0.1 12 31 7.1 -6.4
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.1 12 31 7.3 -6.1
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.1 20 23 4.5 -9.0
SCHB Schwab U.S. Broad Market ETF 0.1 3 40 5.2 -8.3
SCHV Schwab U.S. Large-Cap Value ETF 0.1 4 39 6.7 -6.8
RWK Invesco S&P MidCap 400 Revenue ETF 0.1 39 4 8.6 -4.8
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 28 6.0 -7.5
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 32 5.2 -8.3
IWD iShares Russell 1000 Value ETF 0.1 19 24 6.6 -6.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 40 5.1 -8.4
IWV iShares Russell 3000 ETF 0.1 20 23 5.0 -8.5
VONV Vanguard Russell 1000 Value ETF 0.1 8 35 6.7 -6.8
VTHR Vanguard Russell 3000 ETF 0.1 10 33 5.0 -8.4
VTI Vanguard Total Stock Market ETF 0.1 3 40 5.0 -8.4
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 34 5.0 -8.5
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 18 7.1 -6.4
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.1 15 28 4.9 -8.6
DEW WisdomTree Global High Dividend Fund 0.1 58 -15 9.1 -4.4
ROSC Hartford Multifactor Small Cap ETF 0.1 34 9 10.1 -3.4
SCHK Schwab 1000 Index ETF 0.1 5 38 5.2 -8.2
DFSV Dimensional US Small Cap Value ETF 0.1 31 12 8.8 -4.7
LRGF iShares U.S. Equity Factor ETF 0.1 8 35 5.8 -7.7
SCHX Schwab U.S. Large-Cap ETF 0.0 3 40 5.2 -8.3
IYY iShares Dow Jones U.S. ETF 0.0 20 23 5.0 -8.5
NANC Unusual Whales Subversive Democratic Trading ETF 0.0 75 -32 3.7 -9.8
VT Vanguard Total World Stock ETF 0.0 7 36 5.8 -7.7
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.0 3 40 5.4 -8.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.0 10 33 5.1 -8.4
IWB iShares Russell 1000 ETF 0.0 15 28 5.1 -8.4
VONE Vanguard Russell 1000 ETF 0.0 8 35 5.2 -8.3
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 29 5.3 -8.2
DFAS Dimensional U.S. Small Cap ETF 0.0 26 17 6.0 -7.5
IUSV iShares Core S&P US Value ETF 0.0 4 39 6.8 -6.7
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.0 7 36 5.1 -8.4
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 22 3.8 -9.7
ISCG iShares Morningstar Small-Cap Growth ETF 0.0 6 37 2.4 -11.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 41 5.2 -8.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 31 4.4 -9.1
VTWG Vanguard Russell 2000 Growth ETF 0.0 15 28 1.7 -11.8
IWO iShares Russell 2000 Growth ETF 0.0 24 19 1.4 -12.1
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 34 5.4 -8.1
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 25 5.6 -7.8
PFM Invesco Dividend Achievers ETF 0.0 53 -10 5.7 -7.8
DFUV Dimensional US Marketwide Value ETF 0.0 22 21 7.6 -5.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 26 5.6 -7.9
KRUZ Unusual Whales Subversive Republican Trading ETF 0.0 75 -32 4.9 -8.6
HKND Humankind US Stock ETF 0.0 11 32 6.9 -6.6
DFAU Dimensional US Core Equity Market ETF 0.0 12 31 5.3 -8.2
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 2 7.7 -5.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.0 30 13 7.7 -5.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.0 38 5 8.1 -5.3
DFEV Dimensional Emerging Markets Value ETF 0.0 43 0 10.8 -2.7
DFUS Dimensional U.S. Equity ETF 0.0 9 34 5.1 -8.4
FDVV Fidelity High Dividend ETF 0.0 15 28 8.9 -4.6
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 8 7.6 -5.9

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:		 VanEck Mortgage REIT Income ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.6 %
Divided by: Fwd. P/BV 0.8 x
Less: Expense ratio 43 bp
Equals: ALTAR Score 13.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.53 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.