Direxion mRNA ETF
ALTAR
Score™
-2.7% info Recommen-
dation
AVOID
2022E    2023E
P/E
ratio
-15.7x P/Sales
ratio
5.4x
P/BV
ratio
10.3x Div.
yield
0.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
MSGR tracks a market-cap-weighted index of companies from the US, Canada, and Europe that contribute to the development and application of messenger RNA (mRNA) technology.

FUND BASICS
Category Global Equities
Fund Sponsor Rafferty Asset Management
Website www.direxion.com/product/mrna-etf
Inception date Dec 09, 2021
Assets (mns) $3
Currency USD
Expense ratio 65 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 20
Wgt avg mkt cap (mns) $18,081
Large cap (>$10bn) 40.6%
Mid cap ($2-10bn) 29.9%
Small cap (<$2bn) 29.6%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ALNYLAM PHARMACEUTICALS INC 8.8 %
BEIGENE LTD. SPONSORED ADR 6.5 %
MODERNA, INC. 6.3 %
DYNE THERAPEUTICS INC 6.0 %
GRITSTONE ONCOLOGY, INC. 6.0 %
SAREPTA THERAPEUTICS INC 5.7 %
VERTEX PHARMACEUTICALS INC 5.7 %
BIONTECH SE SPONSORED ADR 5.7 %
STOKE THERAPEUTICS, INC. 5.6 %
SANGAMO BIOSCIENCES INC 5.3 %
Total 61.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 82.9 %
GERMANY 8.1 %
CHINA 5.8 %
CANADA 3.1 %







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.
-38.8% -- -- -- -52.2%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $13.55
30d moving avg. $14.71
Annualized volatility 0.0%
Short interest (ETF) 0.8%
Relative strength (RSI) 36

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.4%
Bid/Ask (% of price) 0.77%
ADV underlying (mns) $3,933

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 446 potential alternatives to the Direxion mRNA ETF ETF based on the alternatives' overlap in portfolio holdings with MSGR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: MSGR Expense: 65 bp ALTAR Score™: -2.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH MSGR
Ticker Fund
Name
Overlap1
vs MSGR
(%)
Expense
ratio
(bp)
Savings
vs MSGR
(bp)
ALTAR
Score™
(%)
ALTAR
vs MSGR
(%)
GNOM Global X Genomics & Biotechnology ETF 28.7 50 15 -8.2 -5.5
BBH VanEck Biotech ETF 26.4 35 30 5.8 +8.5
GERM ETFMG Treatments Testing and Advancements ETF 23.1 68 -3 -15.6 -13.0
FBT First Trust NYSE Arca Biotechnology Index Fund 22.3 55 10 1.3 +3.9
IBB iShares NASDAQ Biotechnology ETF 21.0 45 20 -0.3 +2.4
IBBQ Invesco Nasdaq Biotechnology ETF 20.4 19 46 -0.5 +2.2
IDNA iShares Genomics Immunology & Healthcare ETF 17.3 47 18 -8.9 -6.2
TYNE Direxion Nanotechnology ETF 15.4 65 0 -72.1 -69.5
APXH Apex Healthcare ETF 13.9 90 -25 9.8 +12.4
BBP BioShares Biotechnology Products Fund 13.5 79 -14 -3.2 -0.6
ARKG ARK Genomic Revolution ETF 12.4 75 -10 -6.0 -3.4
WDNA WisdomTree BioRevolution Fund 11.5 45 20 -4.2 -1.5
PBE Invesco Dynamic Biotechnology & Genome ETF 11.0 59 6 1.0 +3.7
XDNA Strategic CRISPR & Gene Editing Technology ETF 10.6 78 -13 -3.1 -0.4
XBI SPDR S&P BIOTECH ETF 10.6 35 30 -4.0 -1.3
FXH First Trust Health Care AlphaDEX Fund 10.6 61 4 7.7 +10.3
NIFE Direxion Fallen Knives ETF 9.9 50 15 -5.7 -3.0
BTEC Principal Healthcare Innovators Index ETF 9.5 42 23 -5.0 -2.4
SBIO ALPS Medical Breakthroughs ETF 9.3 50 15 -4.6 -1.9
QQQA ProShares Nasdaq-100 Dorsey Wright Momentum ETF 9.1 58 7 5.1 +7.8
HELX Franklin Genomic Advancements ETF 8.9 50 15 4.9 +7.5
MOON Direxion Moonshot Innovators ETF 8.3 65 0 -43.5 -40.8
CBTG Cabot Growth ETF 7.9 75 -10 0.0 +2.7
BBC Virtus LifeSci Biotech Clinical Trials ETF 7.6 79 -14 0.0 +2.7
HTEC ROBO Global Healthcare Technology & Innovation ETF 7.0 68 -3 -0.6 +2.1
BMED BlackRock Future Health ETF 6.7 85 -20 2.3 +5.0
FTXH First Trust Nasdaq Pharmaceuticals ETF 6.6 60 5 25.6 +28.3
CNCR Loncar Cancer Immunotherapy ETF 6.5 79 -14 -7.9 -5.3
CHIH Global X MSCI China Health Care ETF 6.3 65 0 3.4 +6.1
BUL Pacer US Cash Cows Growth ETF 6.1 60 5 11.0 +13.7
SXQG 6 Meridian Quality Growth ETF 6.0 100 -35 6.3 +9.0
RAYD Rayliant Quantitative Developed Market Equity ETF 5.7 80 -15 10.3 +13.0
VNSE Natixis Vaughan Nelson Select ETF 5.7 80 -15 4.4 +7.1
PSYK PSYK ETF 5.4 75 -10 -154.5 -151.8
TINY ProShares Nanotechnology ETF 5.4 58 7 2.3 +5.0
KONG Formidable Fortress ETF 5.2 89 -24 6.5 +9.2
BAD B.A.D. ETF 5.0 75 -10 3.6 +6.3
CACG ClearBridge All Cap Growth ETF 4.9 53 12 4.9 +7.5
MRND IQ U.S. Mid Cap R&D Leaders ETF 4.6 16 49 2.2 +4.9
IBBJ Defiance Nasdaq Junior Biotechnology ETF 4.6 45 20 0.0 +2.7
ARKK ARK Innovation ETF 4.2 75 -10 -7.4 -4.7
VIRS Pacer BioThreat Strategy ETF 3.9 70 -5 8.0 +10.7
JHMH John Hancock Multifactor Healthcare ETF 3.9 40 25 7.8 +10.4
QQQJ Invesco NASDAQ Next Gen 100 ETF 3.8 15 50 4.8 +7.5
RYH Invesco S&P 500 Equal Weight Health Care ETF 3.6 40 25 8.1 +10.8
KURE KraneShares MSCI All China Health Care Index ETF 3.6 65 0 3.5 +6.2
SEIQ SEI Enhanced U.S. Large Cap Quality Factor ETF 3.6 15 50 9.3 +12.0
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 3.5 60 5 6.1 +8.8
IYH iShares U.S. Healthcare ETF 3.5 41 24 7.7 +10.4
VHT Vanguard Health Care Index Fund 3.2 10 55 6.9 +9.6
FHLC Fidelity MSCI Health Care Index ETF 3.2 8 57 6.8 +9.5
IPO Renaissance IPO ETF 3.1 60 5 -3.5 -0.8
OALC OneAscent Large Cap Core ETF 3.1 76 -11 7.4 +10.0
ROCI ROC ETF 3.0 49 16 5.8 +8.5
FPXE First Trust IPOX Europe Equity Opportunities ETF 2.9 70 -5 7.5 +10.2
FFTY Innovator IBD 50 ETF 2.8 80 -15 7.5 +10.2
QQQN VictoryShares Nasdaq Next 50 ETF 2.8 18 47 7.2 +9.9
MXDU Nationwide Maximum Diversification US Core Equity ETF 2.8 34 31 0.0 +2.7
FDG American Century Focused Dynamic Growth ETF 2.8 45 20 3.3 +5.9
TECB iShares US Tech Breakthrough Multisector ETF 2.8 40 25 7.0 +9.6
XLV Health Care Select Sector SPDR Fund 2.7 10 55 8.7 +11.4
CHNA Loncar China BioPharma ETF 2.7 79 -14 1.5 +4.2
CGGR Capital Group Growth ETF 2.6 39 26 5.3 +7.9
FDWM Fidelity Women's Leadership ETF 2.6 59 6 7.0 +9.7
COWZ Pacer US Cash Cows 100 ETF 2.6 49 16 13.7 +16.4
XT iShares Exponential Technologies ETF 2.4 46 19 4.9 +7.6
QVAL Alpha Architect U.S. Quantitative Value ETF 2.4 49 16 19.6 +22.3
JSML Janus Henderson Small Cap Growth Alpha ETF 2.4 30 35 11.6 +14.2
GDOC Goldman Sachs Future Health Care Equity ETF 2.3 75 -10 2.0 +4.6
SPMV Invesco S&P 500 Minimum Variance ETF 2.3 10 55 6.4 +9.1
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 2.2 75 -10 8.5 +11.1
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 2.2 50 15 3.8 +6.5
RPG Invesco S&P 500 Pure Growth ETF 2.2 35 30 8.3 +11.0
FTC First Trust Large Cap Growth AlphaDEX Fund 2.1 59 6 6.1 +8.8
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 2.1 57 8 6.4 +9.1
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 2.0 35 30 6.6 +9.3
VFQY Vanguard U.S. Quality Factor ETF 2.0 13 52 9.4 +12.0
IXJ iShares Global Healthcare ETF 1.9 43 22 7.5 +10.2
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 1.9 69 -4 7.6 +10.3
TMFX Motley Fool Next Index ETF 1.9 50 15 4.2 +6.9
RUFF Alpha Dog ETF 1.9 90 -25 6.1 +8.8
HAPY Harbor Corporate Culture Leaders ETF 1.9 50 15 3.3 +6.0
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 1.8 60 5 7.1 +9.8
PWV Invesco Dynamic Large Cap Value ETF 1.8 58 7 9.4 +12.1
WGRO WisdomTree U.S. Growth & Momentum Fund 1.8 55 10 8.1 +10.7
LOPX Direxion Low Priced Stock ETF 1.8 50 15 -18.7 -16.1
QGRO American Century STOXX U.S. Quality Growth ETF 1.8 29 36 7.1 +9.7
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 1.8 20 45 5.9 +8.6
SPGP Invesco S&P 500 GARP ETF 1.7 36 29 10.7 +13.3
ERSX ERShares NextGen Entrepreneurs ETF 1.7 75 -10 7.5 +10.1
NZRO Strategy Shares Halt Climate Change ETF 1.7 95 -30 2.0 +4.7
STLG iShares Factors US Growth Style ETF 1.6 25 40 8.7 +11.3
USMV iShares Edge MSCI Min Vol USA ETF 1.6 15 50 6.9 +9.5
ESMV iShares ESG MSCI USA Min Vol Factor ETF 1.6 18 47 7.0 +9.6
AVLV Avantis U.S. Large Cap Value ETF 1.6 15 50 10.2 +12.8
FSST Fidelity Sustainability U.S. Equity ETF 1.6 59 6 7.0 +9.6
EQOP Natixis U.S. Equity Opportunities ETF 1.5 85 -20 7.3 +10.0
ISCG iShares Morningstar Small-Cap Growth ETF 1.5 6 59 1.7 +4.4
FPXI First Trust International Equity Opportunities ETF 1.5 70 -5 -1.6 +1.1
ANEW ProShares MSCI Transformational Changes ETF 1.4 45 20 4.9 +7.5
SPVU Invesco S&P 500 Enhanced Value ETF 1.4 13 52 14.2 +16.9
AILG Alpha Intelligent - Large Cap Growth ETF 1.4 85 -20 4.5 +7.2
PWB Invesco Dynamic Large Cap Growth ETF 1.4 56 9 5.2 +7.9
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.4 63 2 5.3 +8.0
FCPI Fidelity Stocks for Inflation ETF 1.4 29 36 10.8 +13.5
FBCV Fidelity Blue Chip Value ETF 1.4 59 6 8.1 +10.8
LRND IQ U.S. Large Cap R&D Leaders ETF 1.3 14 51 8.4 +11.0
SDG iShares Sustainable MSCI Global Impact ETF 1.3 49 16 9.3 +12.0
EQUL IQ Engender Equality ETF 1.3 45 20 8.5 +11.2
VBK Vanguard Small-Cap Growth Index Fund 1.3 7 58 2.2 +4.9
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 1.3 75 -10 8.6 +11.3
INNO Harbor Disruptive Innovation ETF 1.3 75 -10 -3.8 -1.2
GK AdvisorShares Gerber Kawasaki ETF 1.3 81 -16 5.4 +8.0
PEXL Pacer US Export Leaders ETF 1.3 60 5 7.5 +10.2
QYLD Global X NASDAQ 100 Covered Call ETF 1.3 60 5 6.1 +8.8
QRMI Global X NASDAQ 100 Risk Managed Income ETF 1.2 60 5 5.6 +8.3
RBUS Nationwide Risk-Based U.S. Equity ETF 1.2 30 35 0.0 +2.7
QCLR Global X NASDAQ 100 Collar 95-110 ETF 1.2 60 5 5.5 +8.1
AGNG Global X Aging Population ETF 1.2 50 15 4.3 +7.0
IWP iShares Russell Mid-Cap Growth ETF 1.2 23 42 5.3 +8.0
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 1.2 60 5 6.1 +8.8
CLRG IQ Chaikin U.S. Large Cap ETF 1.2 25 40 7.1 +9.8
HKND Humankind US Stock ETF 1.2 11 54 8.5 +11.2
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 1.2 21 44 4.7 +7.4
RSPE Invesco ESG S&P 500 Equal Weight ETF 1.2 20 45 8.6 +11.3
SFYF SoFi 50 ETF 1.2 29 36 -2.5 +0.2
QQQ Invesco QQQ Trust 1.1 20 45 6.5 +9.2
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.1 70 -5 5.2 +7.9
QQQM Invesco NASDAQ 100 ETF 1.1 15 50 6.8 +9.5
NULG Nuveen ESG Large-Cap Growth ETF 1.1 25 40 5.4 +8.1
QTR Global X NASDAQ 100 Tail Risk ETF 1.1 60 5 6.0 +8.7
NUSI Nationwide Risk-Managed Income ETF 1.1 68 -3 5.2 +7.9
MTUM iShares MSCI USA Momentum Factor ETF 1.1 15 50 6.9 +9.6
VFMF Vanguard U.S. Multifactor ETF 1.1 18 47 10.9 +13.6
MMLG First Trust Multi-Manager Large Growth ETF 1.1 85 -20 3.4 +6.1
FVAL Fidelity Value Factor ETF 1.1 29 36 10.9 +13.6
IUSA Amberwave Invest USA JSG Fund 1.1 67 -2 7.3 +10.0
FLDZ RiverNorth Volition America Patriot ETF 1.1 76 -11 6.7 +9.4
BOSS Global X Founder-Run Companies ETF 1.1 45 20 3.7 +6.4
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 1.1 19 46 8.3 +11.0
ACWV iShares MSCI Global Min Vol Factor ETF 1.1 20 45 7.1 +9.8
BKSE BNY Mellon US Small Cap Core Equity ETF 1.0 4 61 6.5 +9.2
JQUA JPMorgan U.S. Quality Factor ETF 1.0 12 53 7.7 +10.4
FQAL Fidelity Quality Factor ETF 1.0 29 36 8.1 +10.8
JAVA JPMorgan Active Value ETF 1.0 44 21 7.7 +10.3
FEX First Trust Large Cap Core AlphaDEX Fund 1.0 59 6 8.7 +11.4
VFMO Vanguard U.S. Momentum Factor ETF 1.0 13 52 6.7 +9.3
SMDY Syntax Stratified MidCap ETF 1.0 35 30 8.0 +10.7
ETHO Etho Climate Leadership U.S. ETF 1.0 47 18 5.4 +8.1
IWC iShares Micro-Cap ETF 1.0 60 5 -6.2 -3.5
VFMV Vanguard U.S. Minimum Volatility ETF 1.0 13 52 7.0 +9.6
BIBL Inspire ETF 0.9 35 30 6.7 +9.4
CTRU ARK Transparency ETF 0.9 55 10 0.0 +2.7
GSPY Gotham Enhanced 500 ETF 0.9 50 15 7.5 +10.2
PINK Simplify Health Care ETF 0.9 50 15 5.3 +8.0
VXF Vanguard Extended Market Index Fund 0.9 6 59 4.6 +7.2
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.9 7 58 6.4 +9.1
PSC Principal U.S. Small Cap Index ETF 0.9 38 27 8.5 +11.2
BOUT Innovator IBD Breakout Opportunities ETF 0.9 84 -19 5.3 +7.9
SFY SoFi Select 500 ETF 0.9 0 65 6.8 +9.5
VOT Vanguard Mid-Cap Growth Index Fund 0.9 7 58 4.9 +7.6
MGK Vanguard Mega Cap Growth ETF 0.9 7 58 5.9 +8.6
ISCB iShares Morningstar Small-Cap ETF 0.9 4 61 5.8 +8.5
JOET Virtus Terranova US Quality Momentum ETF 0.9 29 36 7.4 +10.1
VUG Vanguard Growth Index Fund 0.9 4 61 5.6 +8.3
BUZZ VanEck Social Sentiment ETF 0.9 75 -10 -0.6 +2.1
DSTL Distillate US Fundamental Stability & Value ETF 0.9 39 26 8.7 +11.4
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.8 29 36 6.4 +9.0
QUS SPDR MSCI USA StrategicFactors ETF 0.8 15 50 7.6 +10.3
JMOM JPMorgan U.S. Momentum Factor ETF 0.8 12 53 7.0 +9.7
QQMG Invesco ESG NASDAQ 100 ETF 0.8 20 45 7.1 +9.7
CVAR Cultivar ETF 0.8 87 -22 9.2 +11.9
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.8 30 35 10.0 +12.7
JEPI JPMorgan Equity Premium Income ETF 0.8 35 30 6.4 +9.1
TMFE Motley Fool Capital Efficiency 100 Index ETF 0.8 50 15 6.9 +9.6
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 0.8 20 45 10.4 +13.1
VALQ American Century STOXX U.S. Quality Value ETF 0.8 29 36 11.8 +14.5
VSLU Applied Finance Valuation Large Cap ETF 0.8 49 16 8.8 +11.5
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.8 10 55 7.2 +9.9
WRND IQ Global Equity R&D Leaders ETF 0.8 18 47 8.9 +11.5
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 0.8 20 45 6.4 +9.1
VFVA Vanguard U.S. Value Factor ETF 0.8 13 52 14.3 +17.0
BFOR Barron's 400 ETF 0.8 70 -5 10.4 +13.0
RFFC RiverFront Dynamic US Flex-Cap ETF 0.7 52 13 6.7 +9.4
GVLU Gotham 1000 Value ETF 0.7 50 15 11.6 +14.3
DUHP Dimensional US High Profitability ETF 0.7 22 43 9.5 +12.2
TMFC Motley Fool 100 Index ETF 0.7 50 15 5.5 +8.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 0.7 60 5 6.3 +9.0
JFWD Jacob Forward ETF 0.7 75 -10 -12.9 -10.3
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.7 60 5 9.9 +12.5
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 0.7 17 48 6.4 +9.0
IMCG iShares Morningstar Mid-Cap Growth ETF 0.7 6 59 5.4 +8.0
IWO iShares Russell 2000 Growth ETF 0.7 24 41 2.2 +4.9
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.7 49 16 6.3 +9.0
FLQL Franklin LibertyQ U.S. Equity ETF 0.7 15 50 8.7 +11.4
PBSM Invesco PureBeta MSCI USA Small Cap ETF 0.7 6 59 6.3 +9.0
VTWG Vanguard Russell 2000 Growth Index Fund 0.7 15 50 2.4 +5.1
SCHM Schwab U.S. Mid-Cap ETF 0.7 4 61 7.4 +10.1
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.7 60 5 11.3 +14.0
QWLD SPDR MSCI World StrategicFactors ETF 0.7 30 35 7.4 +10.1
SCHG Schwab U.S. Large-Cap Growth ETF 0.6 4 61 5.4 +8.0
AVUS Avantis U.S. Equity ETF 0.6 15 50 8.1 +10.8
LRGF iShares Edge MSCI Multifactor USA ETF 0.6 8 57 8.1 +10.7
SUSA iShares MSCI USA ESG Select ETF 0.6 25 40 6.8 +9.5
VOOG Vanguard S&P 500 Growth ETF 0.6 10 55 6.6 +9.2
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.6 75 -10 7.0 +9.7
CSML IQ Chaikin U.S. Small Cap ETF 0.6 35 30 6.8 +9.4
VONG Vanguard Russell 1000 Growth Index Fund 0.6 8 57 6.2 +8.8
USXF iShares ESG Advanced MSCI USA ETF 0.6 10 55 7.0 +9.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 56 7.2 +9.9
ADRE Invesco BLDRS Emerging Markets 50 ADR Index Fund 0.6 30 35 8.1 +10.8
EUSA iShares MSCI USA Equal Weighted ETF 0.6 9 56 6.8 +9.4
SIZE iShares MSCI USA Size Factor ETF 0.6 15 50 6.6 +9.3
USMF WisdomTree U.S. Multifactor Fund 0.6 28 37 9.5 +12.2
SCHA Schwab U.S. Small-Cap ETF 0.6 4 61 6.1 +8.8
EQAL Invesco Russell 1000 Equal Weight ETF 0.6 20 45 7.2 +9.9
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.6 30 35 8.0 +10.6
HART IQ Healthy Hearts ETF 0.6 45 20 6.2 +8.8
IWF iShares Russell 1000 Growth ETF 0.6 19 46 6.1 +8.8
FBCG Fidelity Blue Chip Growth ETF 0.6 59 6 3.1 +5.8
IVW iShares S&P 500 Growth ETF 0.6 18 47 6.5 +9.2
ESGV Vanguard ESG U.S. Stock ETF 0.6 9 56 6.9 +9.6
SPYG SPDR Portfolio S&P 500 Growth ETF 0.6 4 61 6.6 +9.3
IUSG iShares Core S&P US Growth ETF 0.6 4 61 6.7 +9.3
VLUE iShares MSCI USA Value Factor ETF 0.6 15 50 14.9 +17.5
RFG Invesco S&P Midcap 400 Pure Growth ETF 0.6 35 30 9.4 +12.1
NUSC Nuveen ESG Small-Cap ETF 0.6 30 35 6.4 +9.1
SSPY Syntax Stratified LargeCap ETF 0.6 30 35 7.7 +10.4
VB Vanguard Small-Cap ETF 0.6 5 60 6.6 +9.3
RYJ Invesco Raymond James SB-1 Equity ETF 0.5 75 -10 3.6 +6.3
IWM iShares Russell 2000 ETF 0.5 19 46 4.6 +7.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.5 39 26 5.5 +8.2
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 0.5 20 45 7.8 +10.5
VTWO Vanguard Russell 2000 Index Fund 0.5 10 55 4.7 +7.4
ILCV iShares Morningstar Value ETF 0.5 4 61 8.7 +11.3
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 0.5 35 30 8.0 +10.7
JUSA JPMorgan ActiveBuilders U.S. Large Cap Equity ETF 0.5 17 48 7.2 +9.8
SPXT ProShares S&P 500 Ex-Technology ETF 0.5 27 38 7.0 +9.7
SNPE Xtrackers S&P 500 ESG ETF 0.5 10 55 7.2 +9.9
EFIV SPDR S&P 500 ESG ETF 0.5 10 55 7.2 +9.9
QUAL iShares MSCI Usa Quality Factor ETF 0.5 15 50 8.6 +11.2
JSTC Adasina Social Justice All Cap Global ETF 0.5 89 -24 7.1 +9.7
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.5 10 55 6.5 +9.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.5 9 56 7.5 +10.1
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.5 10 55 6.4 +9.1
VUSE Vident Core US Equity Fund 0.5 50 15 12.0 +14.7
KOMP SPDR Kensho New Economies Composite ETF 0.5 20 45 1.0 +3.6
SCHK Schwab 1000 Index ETF 0.5 5 60 6.9 +9.5
KALL KraneShares MSCI All China Index ETF 0.5 49 16 12.2 +14.8
EPS WisdomTree U.S. Earnings 500 Fund 0.5 8 57 8.7 +11.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.5 15 50 6.8 +9.5
VTHR Vanguard Russell 3000 Index Fund 0.5 10 55 6.7 +9.4
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.5 15 50 7.8 +10.5
IYY iShares Dow Jones U.S. ETF 0.5 20 45 6.7 +9.4
VTI Vanguard Total Stock Market Index Fund 0.5 3 62 6.6 +9.3
IWX iShares Russell Top 200 Value ETF 0.5 20 45 8.5 +11.2
VONE Vanguard Russell 1000 ETF 0.5 8 57 6.9 +9.6
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.5 15 50 7.6 +10.3
IJK iShares S&P Mid-Cap 400 Growth ETF 0.5 17 48 7.6 +10.3
RSP Invesco S&P 500 Equal Weight ETF 0.5 20 45 7.5 +10.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.5 20 45 6.9 +9.5
QLC FlexShares US Quality Large Cap Index Fund 0.5 32 33 8.0 +10.6
SCHB Schwab U.S. Broad Market ETF 0.5 3 62 6.8 +9.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.5 3 62 6.7 +9.4
MGC Vanguard Mega Cap Index Fund 0.5 7 58 6.9 +9.6
IWV iShares Russell 3000 ETF 0.5 20 45 6.6 +9.3
MVPS Amplify Thematic All-Stars ETF 0.5 49 16 2.6 +5.3
IWL iShares Russell Top 200 ETF 0.5 15 50 6.8 +9.5
KRMA Global X Conscious Companies ETF 0.5 43 22 7.4 +10.1
VV Vanguard Large-Cap Index Fund 0.5 4 61 6.9 +9.6
IWB iShares Russell 1000 ETF 0.5 15 50 6.8 +9.5
RESP WisdomTree US ESG Fund of Benef Interest 0.5 28 37 8.7 +11.3
JHSC John Hancock Multifactor Small Cap ETF 0.4 42 23 7.6 +10.3
MCHI iShares MSCI China ETF 0.4 59 6 10.8 +13.5
SCHX Schwab U.S. Large-Cap ETF 0.4 3 62 6.9 +9.6
IWR iShares Russell Midcap ETF 0.4 19 46 6.9 +9.6
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.4 7 58 6.9 +9.5
IWY iShares Russell Top 200 Growth ETF 0.4 20 45 6.3 +9.0
VOTE Engine No. 1 Transform 500 ETF 0.4 5 60 6.9 +9.6
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 0.4 29 36 9.0 +11.6
USVT US Value ETF 0.4 49 16 13.4 +16.1
SFYX Sofi Next 500 ETF 0.4 0 65 6.6 +9.3
BKLC BNY Mellon US Large Cap Core Equity ETF 0.4 0 65 6.9 +9.6
SPXN ProShares S&P 500 Ex-Financials ETF 0.4 27 38 6.7 +9.4
VO Vanguard Mid-Cap Index Fund 0.4 4 61 6.9 +9.5
RECS Columbia Research Enhanced Core ETF 0.4 15 50 8.0 +10.7
VDNI V-Shares US Leadership Diversity ETF 0.4 29 36 7.4 +10.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.4 2 63 6.9 +9.6
TPLC Timothy Plan US Large Cap Core ETF 0.4 52 13 6.9 +9.6
WOMN Impact Shares YWCA Women's Empowerment ETF 0.4 75 -10 7.1 +9.8
PBUS Invesco PureBeta MSCI USA ETF 0.4 4 61 6.9 +9.6
ONEO SPDR Russell 1000 Momentum Focus ETF 0.4 20 45 9.7 +12.4
IWN iShares Russell 2000 Value ETF 0.4 24 41 6.9 +9.6
VTWV Vanguard Russell 2000 Value Index Fund 0.4 15 50 7.0 +9.7
ILCB iShares Morningstar U.S. Equity ETF 0.4 3 62 6.9 +9.6
XVV iShares ESG Screened S&P 500 ETF 0.4 8 57 7.1 +9.7
GXC SPDR S&P China ETF 0.4 59 6 11.6 +14.3
PBP Invesco S&P 500 BuyWrite ETF 0.4 49 16 6.4 +9.1
ACVF American Conservative Values ETF 0.4 75 -10 6.2 +8.9
QVML Invesco S&P 500 QVM Multi-factor ETF 0.4 11 54 7.3 +10.0
ESG FlexShares STOXX US ESG Impact Index Fund 0.4 32 33 6.8 +9.4
DFUS Dimensional U.S. Equity ETF 0.4 11 54 7.0 +9.7
VMAT V-Shares MSCI World ESG Materiality and Carbon Transition ET 0.4 39 26 6.9 +9.6
XCLR Global X S&P 500 Collar 95-110 ETF 0.4 60 5 6.0 +8.7
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.4 25 40 7.5 +10.1
FTQI First Trust Nasdaq BuyWrite Income ETF 0.4 85 -20 4.6 +7.3
XYLD Global X S&P 500 Covered Call ETF 0.4 60 5 6.5 +9.2
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 47 9.2 +11.9
SUSL iShares ESG MSCI USA Leaders ETF 0.4 10 55 7.0 +9.7
IQSU IQ Candriam ESG US Equity ETF 0.4 9 56 6.6 +9.3
XRMI Global X S&P 500 Risk Managed Income ETF 0.4 60 5 6.1 +8.8
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.4 10 55 7.0 +9.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.4 12 53 6.9 +9.6
STLV iShares Factors US Value Style ETF 0.4 25 40 11.2 +13.9
XYLG Global X S&P 500 Covered Call & Growth ETF 0.4 60 5 6.5 +9.2
ESGU iShares MSCI USA ESG Optimized ETF 0.4 15 50 6.9 +9.6
SPXE ProShares S&P 500 Ex-Energy ETF 0.4 27 38 6.9 +9.5
VOO VANGUARD S&P 500 ETF 0.4 3 62 7.1 +9.8
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.4 20 45 6.9 +9.6
IUS Invesco Strategic US ETF 0.4 19 46 8.6 +11.3
DSI iShares MSCI KLD 400 Social ETF 0.4 25 40 7.1 +9.8
IVV iShares Core S&P 500 ETF 0.4 3 62 7.1 +9.7
XTR Global X S&P 500 Tail Risk ETF 0.4 60 5 6.5 +9.2
AFLG First Trust Active Factor Large Cap ETF 0.4 55 10 8.3 +11.0
SPY SPDR S&P 500 ETF Trust 0.4 9 56 7.0 +9.7
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.4 15 50 6.7 +9.4
XVOL Acruence Active Hedge U.S. Equity ETF 0.4 83 -18 6.3 +9.0
SPLG SPDR Portfolio S&P 500 ETF 0.4 3 62 7.1 +9.7
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 0.4 35 30 8.9 +11.6
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.4 14 51 7.0 +9.6
RYLD Global X Russell 2000 Covered Call ETF 0.4 60 5 4.3 +6.9
AIEQ AI Powered Equity ETF 0.4 75 -10 3.7 +6.3
BLES Inspire Global Hope Large Cap ETF 0.4 49 16 7.1 +9.7
SPTM SPDR Portfolio Total Stock Market ETF 0.4 3 62 7.2 +9.9
EWMC Invesco S&P MidCap 400 Equal Weight ETF 0.4 40 25 8.5 +11.2
DFAU Dimensional US Core Equity Market ETF 0.4 12 53 7.2 +9.9
SQLV Legg Mason Small-Cap Quality Value 0.3 61 4 12.3 +15.0
CFA VictoryShares US 500 Volatility Weighted Index ETF 0.3 35 30 7.6 +10.3
JHMM John Hancock Multifactor Mid Cap ETF 0.3 41 24 7.9 +10.6
JHML John Hancock Multifactor Large Cap ETF 0.3 29 36 7.3 +10.0
FNX First Trust Mid Cap Core AlphaDEX Fund 0.3 59 6 9.5 +12.2
VFLQ Vanguard U.S. Liquidity Factor ETF 0.3 13 52 4.2 +6.9
IMCB iShares Morningstar Mid-Cap ETF 0.3 4 61 7.3 +10.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 61 7.2 +9.9
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.3 15 50 9.3 +11.9
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.3 25 40 7.5 +10.2
DEIF Sterling Capital Diverse Multi-Manager Active ETF 0.3 65 0 7.9 +10.6
TOK iShares MSCI Kokusai ETF 0.3 25 40 6.9 +9.6
KOKU Xtrackers MSCI Kokusai Equity ETF 0.3 9 56 7.2 +9.9
ILCG iShares Morningstar Growth ETF 0.3 4 61 5.4 +8.0
VONV Vanguard Russell 1000 Value Index Fund 0.3 8 57 8.5 +11.2
IWD iShares Russell 1000 Value ETF 0.3 19 46 8.4 +11.0
SMMD iShares Russell 2500 ETF 0.3 15 50 6.7 +9.3
URTH iShares MSCI World ETF 0.3 24 41 7.0 +9.7
EMXF iShares ESG Advanced MSCI EM ETF 0.3 16 49 9.9 +12.6
REVS Columbia Research Enhanced Value ETF 0.3 19 46 10.2 +12.9
ACWI iShares MSCI ACWI ETF 0.3 32 33 7.2 +9.9
VT Vanguard Total World Stock ETF 0.3 7 58 7.4 +10.1
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 0.3 15 50 6.9 +9.6
SCHV Schwab U.S. Large-Cap Value ETF 0.3 4 61 8.4 +11.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.3 20 45 7.5 +10.1
ISCV iShares Morningstar Small Cap Value ETF 0.3 6 59 9.7 +12.3
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.3 17 48 9.1 +11.8
FPX First Trust US IPO Index Fund 0.3 57 8 3.2 +5.8
ROUS Hartford Multifactor US Equity ETF 0.3 19 46 8.6 +11.3
BKF iShares MSCI BRIC ETF 0.3 70 -5 9.2 +11.9
PWC Invesco Dynamic Market ETF 0.3 60 5 8.2 +10.8
VLU SPDR S&P 1500 Value Tilt ETF 0.3 12 53 9.4 +12.1
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.3 29 36 8.5 +11.2
ISMD Inspire Small/Mid Cap Impact ETF 0.3 48 17 7.6 +10.2
CN Xtrackers MSCI All China Equity ETF 0.3 50 15 11.2 +13.8
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.3 42 23 7.1 +9.8
RWL Invesco S&P 500 Revenue ETF 0.2 39 26 8.1 +10.7
XJH iShares ESG Screened S&P Mid-Cap ETF 0.2 12 53 8.7 +11.4
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.2 65 0 8.0 +10.7
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 53 6.9 +9.5
DFAS Dimensional U.S. Small Cap ETF 0.2 28 37 7.9 +10.5
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.2 25 40 8.8 +11.5
SXUS Janus Henderson International Sustainable Equity ETF 0.2 60 5 5.3 +8.0
MDY SPDR S&P Midcap 400 ETF Trust 0.2 22 43 8.4 +11.1
SSPX Janus Henderson U.S. Sustainable Equity ETF 0.2 55 10 5.1 +7.8
EZM WisdomTree U.S. MidCap Earnings Fund 0.2 38 27 11.8 +14.5
IVOO Vanguard S&P Mid-Cap 400 ETF 0.2 10 55 8.7 +11.3
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.2 36 29 9.3 +11.9
IJH iShares Core S&P Mid-Cap ETF 0.2 5 60 8.6 +11.3
SPMD SPDR Portfolio Mid Cap ETF 0.2 5 60 8.6 +11.3
HLGE Hartford Longevity Economy ETF 0.2 44 21 9.5 +12.1
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.2 24 41 9.1 +11.8
SHE SPDR SSGA Gender Diversity Index ETF 0.2 20 45 7.1 +9.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.2 15 50 10.3 +12.9
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.2 12 53 7.7 +10.4
EEMA iShares MSCI Emerging Markets Asia ETF 0.2 50 15 9.2 +11.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 56 7.0 +9.7
YPS Arrow Reverse Cap 500 ETF 0.2 29 36 7.4 +10.1
VOOV Vanguard S&P 500 Value ETF 0.2 10 55 8.0 +10.6
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 19 46 7.9 +10.6
SPYV SPDR Portfolio S&P 500 Value ETF 0.2 4 61 8.0 +10.7
IVE iShares S&P 500 Value ETF 0.2 18 47 7.9 +10.6
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.2 25 40 9.3 +12.0
GMF SPDR S&P Emerging Asia Pacific ETF 0.2 49 16 8.9 +11.6
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.2 9 56 5.5 +8.2
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.2 24 41 9.1 +11.8
REMG SPDR Bloomberg SASB Emerging Markets ESG Select ETF 0.2 16 49 10.6 +13.2
IUSV iShares Core S&P U.S. Value ETF 0.2 4 61 8.1 +10.8
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.2 70 -5 8.7 +11.3
SQEW LeaderShares Equity Skew ETF 0.1 75 -10 7.0 +9.7
ESGE iShares ESG Aware MSCI EM ETF 0.1 25 40 10.2 +12.9
FSMD Fidelity Small-Mid Factor ETF 0.1 29 36 9.8 +12.5
EEM iShares MSCI Emerging Markets ETF 0.1 68 -3 9.2 +11.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -1 8.3 +10.9
SPEM SPDR Portfolio Emerging Markets ETF 0.1 11 54 9.5 +12.2
ENTR Entrepreneur 30 Fund 0.1 49 16 4.1 +6.8
JHEM John Hancock Multifactor Emerging Markets ETF 0.1 49 16 10.6 +13.3
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 40 5.9 +8.6
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.1 30 35 9.7 +12.3
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 56 9.6 +12.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 30 35 8.6 +11.3
IUSS Invesco Strategic US Small Company ETF 0.1 23 42 8.0 +10.6
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 45 8.1 +10.8
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.1 52 13 6.1 +8.8
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 45 8.5 +11.1
DIVB iShares U.S. Dividend & Buyback ETF 0.1 25 40 8.9 +11.5
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 0.1 35 30 6.9 +9.6
AVEM Avantis Emerging Markets Equity ETF 0.1 33 32 12.1 +14.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.1 30 35 10.7 +13.4
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 26 8.8 +11.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 4 61 8.3 +11.0
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 0.1 30 35 9.2 +11.9
ROSC Hartford Multifactor Small Cap ETF 0.0 34 31 12.3 +15.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 24 8.0 +10.7
FDM First Trust Dow Jones Select Microcap Index Fund 0.0 60 5 9.3 +12.0
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.0 25 40 8.8 +11.5
ACWX iShares MSCI ACWI ex U.S. ETF 0.0 32 33 8.7 +11.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.0 25 40 8.7 +11.3
CWI SPDR MSCI ACWI ex-US ETF 0.0 30 35 8.6 +11.3
IXUS ishares Core MSCI Total International Stock ETF 0.0 7 58 8.7 +11.3
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.0 25 40 7.4 +10.0
RWK Invesco S&P MidCap 400 Revenue ETF 0.0 39 26 11.4 +14.0
VBR Vanguard Small Cap Value Index Fund 0.0 7 58 9.6 +12.2
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 30 10.8 +13.4
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 47 18 8.1 +10.8
DFAT Dimensional U.S. Targeted Value ETF 0.0 29 36 9.9 +12.5
NULC Nuveen ESG Large-Cap ETF 0.0 20 45 6.8 +9.5
DFUV Dimensional US Marketwide Value ETF 0.0 23 42 9.9 +12.6
IWS iShares Russell Mid-Cap Value ETF 0.0 23 42 8.1 +10.7
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.0 64 1 8.8 +11.5

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:
Direxion mRNA 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 -59.4 %
Divided by: Fwd. P/BV 29.4 x
Less: Expense ratio 65 bp
Equals: ALTAR Score -2.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.36 CATEGORY
AVERAGE
1.45
 
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.