NETLease Corporate Real Estate ETF
ALTAR
Score™
8.3% info Recommen-
dation
OVERWEIGHT
2022E    2023E
P/E
ratio
12.5x P/Sales
ratio
6.9x
P/BV
ratio
1.5x Div.
yield
6.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The NETLease Corporate Real Estate ETF seeks to track the performance before fees and expenses of the Fundamental Income Net Lease Real Estate Index. NETL seeks to provide investors access to sustainable income with predictable growth through investments

FUND BASICS
Category US Equities
Fund Sponsor Exchange Traded Concepts
Website netleaseetf.com
Inception date Mar 21, 2019
Assets (mns) $97
Currency USD
Expense ratio 60 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives Yes
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 24
Wgt avg mkt cap (mns) $7,175
Large cap (>$10bn) 26.7%
Mid cap ($2-10bn) 49.9%
Small cap (<$2bn) 23.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
VICI PROPERTIES INC 8.8 %
REALTY INCOME CORP 8.4 %
NATIONAL RETAIL PROPERTIES 8.3 %
STORE CAPITAL CORP 8.1 %
WP CAREY INC 8.0 %
AGREE REALTY CORP 4.3 %
ESSENTIAL PROPERTIES REALTY TRUST, 4.2 %
EPR PROPERTIES 4.1 %
SPIRIT REALTY CAPITAL INC 4.1 %
STAG INDUSTRIAL INC 4.0 %
Total 62.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.4 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-24.5% -17.3% -- -- 1.8%

Market Correlations
versus... Beta R-squared
S&P500 1.13 72%
MSCI EAFE 1.18 75%
MSCI Emg. Mkts. 0.95 50%

Technical Indicators
Recent close $24.03
30d moving avg. $25.37
Annualized volatility 27.1%
Short interest (ETF) 0.3%
Short interest (Underlying) 3.1%
Relative strength (RSI) 35

Liquidity measures
Avg. volume (thou.) 12
Turnover 0.3%
Bid/Ask (% of price) 0.45%
ADV underlying (mns) $843

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 368 potential alternatives to the NETLease Corporate Real Estate ETF ETF based on the alternatives' overlap in portfolio holdings with NETL. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: NETL Expense: 60 bp ALTAR Score™: 8.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH NETL
Ticker Fund
Name
Overlap1
vs NETL
(%)
Expense
ratio
(bp)
Savings
vs NETL
(bp)
ALTAR
Score™
(%)
ALTAR
vs NETL
(%)
KBWY Invesco KBW Premium Yield Equity REIT ETF 37.3 35 25 12.6 +4.3
RDOG ALPS REIT Dividend Dogs ETF 37.0 35 25 10.7 +2.4
JRE Janus Henderson U.S. Real Estate ETF 21.4 65 -5 5.5 -2.8
ROOF IQ US Real Estate Small Cap ETF 16.6 60 0 5.1 -3.2
RIET Hoya Capital High Dividend Yield ETF 15.6 50 10 11.0 +2.8
FRI First Trust S&P REIT Index Fund 14.7 50 10 6.8 -1.5
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 14.3 11 49 7.1 -1.1
USRT iShares Core U.S. REIT ETF 14.3 8 52 7.2 -1.1
INDS Pacer Benchmark Industrial Real Estate SCTR ETF 13.3 60 0 6.8 -1.5
PPTY PPTY-U.S. Diversified Real Estate ETF 12.9 49 11 6.9 -1.4
HOTL Kelly Hotel & Lodging Sector ETF 12.5 78 -18 3.3 -5.0
BJK VanEck Gaming ETF 12.5 62 -2 1.9 -6.3
SRET Global X SuperDividend REIT ETF 11.8 58 2 9.2 +1.0
DFAR Dimensional US Real Estate ETF 11.8 19 41 6.6 -1.6
SCHH Schwab U.S. REIT ETF 11.6 7 53 6.9 -1.4
RWR SPDR Dow Jones REIT ETF 11.2 25 35 6.9 -1.3
FREL Fidelity MSCI Real Estate Index ETF 10.8 84 -24 6.1 -2.2
FPRO Fidelity Real Estate Investment ETF 10.7 59 1 5.8 -2.5
VRAI Virtus Real Asset Income ETF 10.6 55 5 7.8 -0.4
REET iShares Global REIT ETF 10.6 14 46 6.8 -1.5
PSR Invesco Active U.S. Real Estate Fund 10.5 35 25 6.4 -1.9
BLDG Cambria Global Real Estate ETF 10.3 59 1 8.5 +0.2
IYR iShares U.S. Real Estate ETF 9.8 39 21 6.6 -1.6
JPRE JPMorgan Realty Income ETF 9.7 50 10 5.7 -2.6
VNQ Vanguard REIT Index Fund 9.6 12 48 6.9 -1.4
FFR First Trust FTSE EPRA/NAREIT Developed Markets Real Estate 9.2 60 0 6.1 -2.2
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 8.8 30 30 12.9 +4.7
ICF iShares Cohen & Steers REIT ETF 8.7 32 28 6.1 -2.2
PSCF Invesco S&P SmallCap Financials ETF 8.7 29 31 10.6 +2.3
AVRE Avantis Real Estate ETF 8.5 17 43 6.5 -1.8
RWO SPDR Dow Jones Global Real Estate ETF 7.9 50 10 6.4 -1.8
BEDZ AdvisorShares Hotel ETF 7.6 99 -39 1.7 -6.6
XLRE The Real Estate Select Sector SPDR Fund 7.6 10 50 6.4 -1.9
LVHD Legg Mason Low Volatility High Dividend ETF 7.2 27 33 8.5 +0.3
EWRE Invesco S&P 500 Equal Weight Real Estate ETF 6.8 40 20 6.9 -1.4
XSLV Invesco S&P SmallCap Low Volatility ETF 6.4 25 35 9.0 +0.7
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 6.0 60 0 9.7 +1.5
ICAP InfraCap Equity Income Fund ETF 5.7 80 -20 10.2 +2.0
VICE AdvisorShares Vice ETF 5.6 99 -39 5.8 -2.4
GK AdvisorShares Gerber Kawasaki ETF 4.3 81 -21 5.0 -3.3
XMLV Invesco S&P MidCap Low Volatility ETF 4.3 25 35 7.3 -1.0
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 4.2 30 30 10.2 +1.9
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 4.1 60 0 8.7 +0.5
PZLD Puzzle Divdend Leaders 3.4 10 50 8.3 +0.1
RUFF Alpha Dog ETF 3.4 90 -30 5.8 -2.4
JDIV JPMorgan U.S. Dividend ETF 3.4 12 48 9.7 +1.4
KONG Formidable Fortress ETF 3.3 89 -29 6.4 -1.9
SDY SPDR S&P Dividend ETF 3.2 35 25 7.2 -1.1
FDVV Fidelity Core Dividend ETF 3.2 29 31 8.1 -0.2
DON WisdomTree U.S. MidCap Dividend Fund 3.1 38 22 9.3 +1.0
GQRE FlexShares Global Quality Real Estate Index Fund 3.1 45 15 6.9 -1.4
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 3.0 80 -20 7.1 -1.2
IBET iBET Sports Betting and Gaming ETF 2.8 79 -19 2.7 -5.6
MSOS AdvisorShares Pure US Cannabis ETF 2.8 73 -13 -3.4 -11.6
TOKE Cambria Cannabis ETF 2.8 42 18 -11.9 -20.1
MJUS ETFMG U.S. Alternative Harvest ETF 2.8 75 -15 -22.3 -30.6
YOLO AdvisorShares Pure Cannabis ETF 2.8 76 -16 -30.0 -38.3
XSMO Invesco S&P SmallCap Momentum ETF 2.8 39 21 7.0 -1.3
TMFS Motley Fool Small Cap Growth ETF 2.6 85 -25 2.5 -5.7
SLYG SPDR S&P 600 Small Cap Growth ETF 2.6 15 45 8.1 -0.2
IJT iShares S&P Small-Cap 600 Growth ETF 2.6 18 42 8.1 -0.2
IMCV iShares Morningstar Mid-Cap Value ETF 2.5 6 54 8.8 +0.6
KLCD KFA Large Cap Quality Dividend Index ETF 2.5 40 20 7.0 -1.3
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 2.5 38 22 10.7 +2.4
XJR iShares ESG Screened S&P Small-Cap ETF 2.5 12 48 7.9 -0.4
SPYD SPDR S&P 500 High Dividend ETF 2.5 7 53 11.9 +3.7
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.5 15 45 8.2 -0.1
RYJ Invesco Raymond James SB-1 Equity ETF 2.4 81 -21 4.4 -3.9
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 2.4 12 48 7.4 -0.9
SCHM Schwab U.S. Mid-Cap ETF 2.3 4 56 6.5 -1.8
PY Principal Shareholder Yield Index ETF 2.3 15 45 8.3 -0.0
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 2.3 15 45 8.5 +0.2
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 2.3 39 21 8.0 -0.3
MBOX Freedom Day Dividend ETF 2.3 39 21 8.9 +0.6
IJR iShares Core S&P Small Cap ETF 2.3 6 54 8.2 -0.1
SLY SPDR S&P 600 Small Cap ETF 2.3 15 45 8.1 -0.2
SPSM SPDR Portfolio S&P 600 Small Cap ETF 2.3 5 55 8.2 -0.1
MGMT Ballast Small/Mid Cap ETF 2.3 110 -50 8.5 +0.2
MJ ETFMG Alternative Harvest ETF 2.3 75 -15 -30.8 -39.1
IWN iShares Russell 2000 Value ETF 2.2 23 37 6.4 -1.9
VTWV Vanguard Russell 2000 Value Index Fund 2.2 15 45 6.6 -1.7
VIOO Vanguard S&P Small-Cap 600 ETF 2.2 10 50 8.2 -0.1
ESIX SPDR S&P SmallCap 600 ESG ETF 2.2 12 48 8.7 +0.4
SMLE Xtrackers S&P SmallCap 600 ESG ETF 2.1 15 45 8.6 +0.3
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 2.1 60 0 4.7 -3.6
NUMV Nuveen ESG Mid-Cap Value ETF 2.1 30 30 9.2 +0.9
FMIL Fidelity New Millennium ETF 2.1 59 1 7.2 -1.0
BIBL Inspire ETF 2.1 35 25 6.3 -2.0
KSCD KFA Small Cap Quality Dividend Index ETF 2.1 51 9 6.6 -1.7
DIV Global X SuperDividend US ETF 2.0 45 15 7.1 -1.2
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 2.0 41 19 6.9 -1.4
SMDV ProShares Russell 2000 Dividend Growers ETF 2.0 41 19 6.9 -1.3
IJS iShares S&P Small-cap 600 Value ETF 2.0 18 42 8.4 +0.2
SLYV SPDR S&P 600 Small Cap Value ETF 2.0 15 45 8.5 +0.2
VIOV Vanguard S&P Small-Cap 600 Value ETF 2.0 15 45 8.4 +0.1
IWS iShares Russell Mid-Cap Value ETF 2.0 23 37 7.6 -0.7
BOSS Global X Founder-Run Companies ETF 2.0 45 15 2.8 -5.4
IVOV Vanguard S&P Mid-Cap 400 Value ETF 1.9 15 45 8.9 +0.7
IJJ iShares S&P Mid-Cap 400 Value ETF 1.9 18 42 8.8 +0.6
MDYV SPDR S&P 400 Mid Cap Value ETF 1.9 15 45 8.9 +0.6
OSCV Opus Small Cap Value Plus ETF 1.9 79 -19 6.3 -2.0
IVRA Invesco Real Assets ESG ETF 1.9 59 1 6.5 -1.8
DES WisdomTree U.S. SmallCap Dividend Fund 1.9 38 22 10.0 +1.7
RITA ETFB Green SRI REITs ETF 1.9 50 10 5.1 -3.1
SPDV AAM S&P 500 High Dividend Value ETF 1.8 29 31 12.6 +4.3
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.8 7 53 6.0 -2.2
PSC Principal U.S. Small Cap Index ETF 1.8 38 22 8.2 -0.1
ONEY SPDR Russell 1000 Yield Focus ETF 1.8 20 40 11.0 +2.8
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.8 29 31 8.2 -0.1
RNMC Mid Cap US Equity Select ETF 1.7 60 0 8.7 +0.5
HUSV First Trust Horizon Managed Volatility Domestic ETF 1.7 70 -10 6.0 -2.3
FSMD Fidelity Small-Mid Factor ETF 1.7 29 31 8.8 +0.5
DEW WisdomTree Global High Dividend Fund 1.7 58 2 9.8 +1.6
SIXL 6 Meridian Low Beta Equity Strategy ETF 1.7 82 -22 6.8 -1.5
KVLE KFA Value Liner Dynamic Core Equity Index ETF 1.6 55 5 7.0 -1.2
PBSM Invesco PureBeta MSCI USA Small Cap ETF 1.6 6 54 5.8 -2.4
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF 1.5 75 -15 6.4 -1.9
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.5 35 25 6.9 -1.4
JRNY ALPS Global Travel Beneficiaries ETF 1.5 65 -5 1.0 -7.3
VOE Vanguard Mid-Cap Value Index Fund 1.5 7 53 8.6 +0.4
JHSC John Hancock Multifactor Small Cap ETF 1.5 42 18 6.9 -1.4
CGUS Capital Group Core Equity ETF 1.5 33 27 6.8 -1.5
FLDZ RiverNorth Volition America Patriot ETF 1.5 70 -10 5.9 -2.4
IMCB iShares Morningstar Mid-Cap ETF 1.5 4 56 6.9 -1.4
BKMC BNY Mellon US Mid Cap Core Equity ETF 1.5 4 56 6.9 -1.4
VBR Vanguard Small Cap Value Index Fund 1.4 7 53 8.8 +0.5
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 1.4 35 25 8.5 +0.2
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.4 70 -10 5.0 -3.2
BKSE BNY Mellon US Small Cap Core Equity ETF 1.4 4 56 6.0 -2.2
VOT Vanguard Mid-Cap Growth Index Fund 1.4 7 53 4.7 -3.6
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 1.4 40 20 8.1 -0.2
VO Vanguard Mid-Cap Index Fund 1.4 4 56 6.7 -1.6
EQUL IQ Engender Equality ETF 1.4 45 15 8.0 -0.2
ISCG iShares Morningstar Small-Cap Growth ETF 1.4 6 54 1.3 -6.9
VB Vanguard Small-Cap ETF 1.4 5 55 6.1 -2.1
BOUT Innovator IBD Breakout Opportunities ETF 1.4 80 -20 4.8 -3.5
VXF Vanguard Extended Market Index Fund 1.3 6 54 4.3 -4.0
RNSC Small Cap US Equity Select ETF 1.3 60 0 10.2 +1.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 1.3 24 36 9.0 +0.7
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.3 24 36 8.6 +0.3
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 1.3 19 41 8.8 +0.5
DHS WisdomTree U.S. High Dividend Fund 1.3 38 22 9.0 +0.7
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 1.3 15 45 8.1 -0.2
CVY Invesco Zacks Multi-Asset Income ETF 1.3 100 -40 11.6 +3.3
XJH iShares ESG Screened S&P Mid-Cap ETF 1.3 12 48 8.1 -0.2
VBK Vanguard Small-Cap Growth Index Fund 1.3 7 53 2.0 -6.3
IWM iShares Russell 2000 ETF 1.3 19 41 4.2 -4.1
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 1.3 20 40 6.1 -2.2
IWR iShares Russell Midcap ETF 1.3 18 42 6.5 -1.8
VTWO Vanguard Russell 2000 Index Fund 1.3 10 50 4.3 -3.9
SDIV Global X SuperDividend ETF 1.2 58 2 22.8 +14.6
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.2 65 -5 5.3 -3.0
JPUS JPMorgan Diversified Return U.S. Equity ETF 1.2 18 42 8.9 +0.6
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 1.2 69 -9 8.1 -0.2
ISCB iShares Morningstar Small-Cap ETF 1.2 4 56 5.2 -3.1
MDY SPDR S&P Midcap 400 ETF Trust 1.2 22 38 7.9 -0.4
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 1.2 25 35 6.7 -1.6
IVOO Vanguard S&P Mid-Cap 400 ETF 1.2 10 50 8.1 -0.2
FDWM Fidelity Women's Leadership ETF 1.2 59 1 6.6 -1.7
FNX First Trust Mid Cap Core AlphaDEX Fund 1.2 59 1 8.9 +0.6
IJH iShares Core S&P Mid-Cap ETF 1.2 5 55 8.0 -0.2
SPMD SPDR Portfolio Mid Cap ETF 1.2 5 55 8.0 -0.2
FYC First Trust Small Cap Growth AlphaDEX Fund 1.2 70 -10 3.6 -4.7
SPLV Invesco S&P 500 Low Volatility ETF 1.2 25 35 6.4 -1.9
SCHA Schwab U.S. Small-Cap ETF 1.1 4 56 5.6 -2.7
EZM WisdomTree U.S. MidCap Earnings Fund 1.1 38 22 11.1 +2.8
NTZG Nuveen Global Net Zero Transition ETF 1.1 55 5 6.1 -2.2
JHMM John Hancock Multifactor Mid Cap ETF 1.1 41 19 7.8 -0.5
EQAL Invesco Russell 1000 Equal Weight ETF 1.1 20 40 7.0 -1.3
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 1.1 35 25 8.8 +0.5
VALQ American Century STOXX U.S. Quality Value ETF 1.1 29 31 11.4 +3.1
FNDA Schwab Fundamental U.S. Small Co. Index ETF 1.1 25 35 7.1 -1.2
FTHI First Trust High Income ETF 1.0 85 -25 4.8 -3.4
SFYX Sofi Next 500 ETF 1.0 0 60 6.3 -2.0
EWMC Invesco S&P MidCap 400 Equal Weight ETF 1.0 40 20 8.2 -0.1
RYLD Global X Russell 2000 Covered Call ETF 1.0 60 0 3.9 -4.4
ISCV iShares Morningstar Small Cap Value ETF 1.0 6 54 8.8 +0.5
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 1.0 17 43 5.8 -2.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.0 39 21 5.1 -3.2
FUNL CornerCap Fundametrics Large-Cap ETF 1.0 50 10 9.0 +0.7
CZA Invesco Zacks Mid-Cap ETF 1.0 69 -9 7.4 -0.8
FYX First Trust Small Cap Core AlphaDEX Fund 1.0 61 -1 10.5 +2.2
ISMD Inspire Small/Mid Cap Impact ETF 1.0 48 12 6.9 -1.4
DTD WisdomTree U.S.Total Dividend Fund 1.0 28 32 7.9 -0.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.9 9 51 5.0 -3.3
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 0.9 29 31 8.5 +0.3
FQAL Fidelity Quality Factor ETF 0.9 29 31 7.7 -0.6
FLQL Franklin LibertyQ U.S. Equity ETF 0.9 15 45 8.3 +0.1
FYT First Trust Small Cap Value AlphaDEX Fund 0.9 71 -11 15.4 +7.1
FLRG Fidelity U.S. Multifactor ETF 0.9 29 31 8.6 +0.3
SQEW LeaderShares Equity Skew ETF 0.9 75 -15 6.8 -1.5
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.9 20 40 7.6 -0.7
FVAL Fidelity Value Factor ETF 0.8 29 31 10.5 +2.3
XMMO Invesco S&P MidCap Momentum ETF 0.8 33 27 6.7 -1.6
JVAL JPMorgan U.S. Value Factor ETF 0.8 12 48 10.0 +1.8
FNK First Trust Mid Cap Value AlphaDEX Fund 0.8 70 -10 12.0 +3.7
WTRE WisdomTree New Economy Real Estate Fund 0.7 58 2 4.8 -3.5
DRW WisdomTree Global ex-US Real Estate Fund 0.7 58 2 3.7 -4.6
VONV Vanguard Russell 1000 Value Index Fund 0.7 8 52 8.1 -0.2
IWD iShares Russell 1000 Value ETF 0.7 18 42 7.9 -0.4
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.7 10 50 6.2 -2.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.7 63 -3 5.1 -3.2
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 0.7 30 30 10.1 +1.8
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 0.7 30 30 8.9 +0.6
SMMD iShares Russell 2500 ETF 0.6 15 45 6.2 -2.1
RDIV Invesco S&P Ultra Dividend Revenue ETF 0.6 39 21 10.6 +2.3
MCRX SNN MicroCap Research Index 0.6 0 60 -1.9 -10.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 51 7.0 -1.2
SPRE SP Funds S&P Global REIT Sharia ETF 0.6 69 -9 4.6 -3.7
FAB First Trust Multi Cap Value AlphaDEX Fund 0.6 69 -9 12.0 +3.8
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.6 60 0 4.5 -3.8
SCHV Schwab U.S. Large-Cap Value ETF 0.6 4 56 8.0 -0.3
USXF iShares ESG Advanced MSCI USA ETF 0.6 10 50 6.6 -1.7
FDRR Fidelity Dividend ETF for Rising Rates 0.6 29 31 8.7 +0.4
QDEF FlexShares Quality Dividend Defensive Index Fund 0.6 37 23 8.1 -0.1
QLV FlexShares US Quality Low Volatility Index Fund 0.6 22 38 6.4 -1.9
AIEQ AI Powered Equity ETF 0.5 75 -15 -2.5 -10.8
SSLY Syntax Stratified SmallCap ETF 0.5 35 25 7.9 -0.4
ILCV iShares Morningstar Value ETF 0.5 4 56 8.2 -0.1
GBDV Global Beta Smart Income ETF 0.5 29 31 0.0 -8.3
JSML Janus Henderson Small Cap Growth Alpha ETF 0.5 30 30 11.0 +2.7
IUSV iShares Core S&P U.S. Value ETF 0.5 4 56 7.7 -0.6
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.5 38 22 7.5 -0.7
QUAL iShares MSCI Usa Quality Factor ETF 0.5 15 45 8.0 -0.3
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.5 35 25 9.8 +1.5
SIZE iShares MSCI USA Size Factor ETF 0.5 15 45 6.4 -1.9
EUSA iShares MSCI USA Equal Weighted ETF 0.5 9 51 6.7 -1.6
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 0.5 20 40 7.4 -0.9
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.5 10 50 6.1 -2.2
DLN WisdomTree U.S. LargeCap Dividend Fund 0.5 28 32 7.7 -0.6
FVD First Trust Value Line Dividend Index Fund 0.5 67 -7 6.8 -1.5
IWC iShares Micro-Cap ETF 0.5 60 0 -6.0 -14.2
BLES Inspire Global Hope Large Cap ETF 0.5 49 11 7.0 -1.3
RNDV US Equity Dividend Select ETF 0.5 50 10 10.6 +2.4
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.5 15 45 8.6 +0.3
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.5 25 35 8.8 +0.5
PFM Invesco Dividend Achievers ETF 0.5 53 7 6.9 -1.4
USMF WisdomTree U.S. Multifactor Fund 0.5 28 32 8.7 +0.5
FEX First Trust Large Cap Core AlphaDEX Fund 0.4 59 1 8.4 +0.1
VOOV Vanguard S&P 500 Value ETF 0.4 10 50 7.5 -0.7
IVE iShares S&P 500 Value ETF 0.4 18 42 7.5 -0.8
SPYV SPDR Portfolio S&P 500 Value ETF 0.4 4 56 7.6 -0.7
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 40 7.3 -0.9
VTV Vanguard Value Index Fund 0.4 4 56 8.3 +0.1
IMCG iShares Morningstar Mid-Cap Growth ETF 0.4 6 54 5.0 -3.3
FDLO Fidelity Low Volatility Factor ETF 0.4 29 31 6.4 -1.9
VEGN US Vegan Climate ETF 0.4 60 0 6.4 -1.9
CSML IQ Chaikin U.S. Small Cap ETF 0.4 35 25 6.3 -2.0
FDM First Trust Dow Jones Select Microcap Index Fund 0.4 60 0 5.9 -2.4
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.4 25 35 7.0 -1.3
VTHR Vanguard Russell 3000 Index Fund 0.4 10 50 6.3 -1.9
ETHO Etho Climate Leadership U.S. ETF 0.4 47 13 4.9 -3.4
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.4 12 48 6.7 -1.6
VTI Vanguard Total Stock Market Index Fund 0.4 3 57 6.3 -2.0
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.4 3 57 6.3 -2.0
SVAL iShares US Small Cap Value Factor ETF 0.4 20 40 11.4 +3.2
SCHB Schwab U.S. Broad Market ETF 0.4 3 57 6.4 -1.9
IWV iShares Russell 3000 ETF 0.4 20 40 6.2 -2.1
ONEO SPDR Russell 1000 Momentum Focus ETF 0.4 20 40 9.1 +0.9
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.4 25 35 7.5 -0.8
TTAC TrimTabs US Free Cash Flow Quality ETF 0.4 59 1 7.3 -1.0
EES WisdomTree SmallCap Earnings Fund 0.4 38 22 11.3 +3.0
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.4 10 50 7.0 -1.3
JHML John Hancock Multifactor Large Cap ETF 0.4 29 31 7.0 -1.3
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.4 15 45 7.4 -0.9
FTA First Trust Large Cap Value AlphaDEX Fund 0.4 59 1 10.9 +2.7
ESGV Vanguard ESG U.S. Stock ETF 0.4 9 51 6.5 -1.8
NUSC Nuveen ESG Small-Cap ETF 0.4 30 30 6.2 -2.1
IJK iShares S&P Mid-Cap 400 Growth ETF 0.4 17 43 7.2 -1.1
IWO iShares Russell 2000 Growth ETF 0.4 23 37 1.9 -6.3
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.4 15 45 7.2 -1.1
VONE Vanguard Russell 1000 ETF 0.3 8 52 6.5 -1.7
TMFX Motley Fool Next Index ETF 0.3 50 10 3.9 -4.4
SCHK Schwab 1000 Index ETF 0.3 5 55 6.5 -1.8
IYY iShares Dow Jones U.S. ETF 0.3 20 40 6.4 -1.9
VTWG Vanguard Russell 2000 Growth Index Fund 0.3 15 45 2.1 -6.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 49 6.6 -1.7
IWB iShares Russell 1000 ETF 0.3 15 45 6.4 -1.9
SHE SPDR SSGA Gender Diversity Index ETF 0.3 20 40 6.8 -1.5
AFLG First Trust Active Factor Large Cap ETF 0.3 55 5 7.8 -0.5
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.3 17 43 8.6 +0.3
RNLC Large Cap US Equity Select ETF 0.3 60 0 8.0 -0.3
SCHX Schwab U.S. Large-Cap ETF 0.3 3 57 6.5 -1.8
ILCB iShares Morningstar U.S. Equity ETF 0.3 3 57 6.6 -1.7
PRF Invesco FTSE RAFI US 1000 ETF 0.3 39 21 8.2 -0.0
ESG FlexShares STOXX US ESG Impact Index Fund 0.3 32 28 6.6 -1.7
SPXT ProShares S&P 500 Ex-Technology ETF 0.3 27 33 6.7 -1.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 29 31 8.3 +0.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.3 9 51 7.3 -1.0
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.3 64 -4 8.1 -0.1
SPTM SPDR Portfolio Total Stock Market ETF 0.3 3 57 6.8 -1.4
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.3 30 30 9.7 +1.4
LVOL American Century Low Volatility ETF 0.3 29 31 6.2 -2.0
ROUS Hartford Multifactor US Equity ETF 0.3 19 41 8.6 +0.3
YPS Arrow Reverse Cap 500 ETF 0.3 29 31 7.0 -1.3
VV Vanguard Large-Cap Index Fund 0.3 4 56 6.5 -1.7
BFTR Future Innovators ETF 0.3 80 -20 2.0 -6.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.3 15 45 6.3 -2.0
SPXV ProShares S&P 500 Ex-Health Care ETF 0.3 27 33 6.2 -2.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.3 2 58 6.6 -1.7
VLU SPDR S&P 1500 Value Tilt ETF 0.2 12 48 8.9 +0.6
PBUS Invesco PureBeta MSCI USA ETF 0.2 4 56 6.6 -1.7
XYLD Global X S&P 500 Covered Call ETF 0.2 60 0 6.2 -2.0
XCLR Global X S&P 500 Collar 95-110 ETF 0.2 60 0 6.5 -1.8
XRMI Global X S&P 500 Risk Managed Income ETF 0.2 60 0 6.4 -1.8
VT Vanguard Total World Stock ETF 0.2 7 53 7.1 -1.2
AFSM First Trust Active Factor Small Cap ETF 0.2 75 -15 8.8 +0.5
PBP Invesco S&P 500 BuyWrite ETF 0.2 49 11 6.3 -1.9
SFY SoFi Select 500 ETF 0.2 0 60 6.6 -1.7
IQSU IQ Candriam ESG US Equity ETF 0.2 9 51 6.2 -2.1
WOMN Impact Shares YWCA Women's Empowerment ETF 0.2 75 -15 6.7 -1.6
XVOL Acruence Active Hedge U.S. Equity ETF 0.2 83 -23 5.9 -2.3
XYLG Global X S&P 500 Covered Call & Growth ETF 0.2 60 0 6.2 -2.1
SPXE ProShares S&P 500 Ex-Energy ETF 0.2 27 33 6.5 -1.7
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.2 39 21 10.0 +1.7
XTR Global X S&P 500 Tail Risk ETF 0.2 60 0 6.5 -1.7
SPLG SPDR Portfolio S&P 500 ETF 0.2 3 57 6.7 -1.6
IVV iShares Core S&P 500 ETF 0.2 3 57 6.7 -1.6
SPY SPDR S&P 500 ETF Trust 0.2 9 51 6.7 -1.6
VOO VANGUARD S&P 500 ETF 0.2 3 57 6.7 -1.6
VOTE Engine No. 1 Transform 500 ETF 0.2 5 55 6.5 -1.7
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 48 6.7 -1.6
SMDY Syntax Stratified MidCap ETF 0.2 35 25 8.0 -0.2
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.2 25 35 8.3 0.0
TOK iShares MSCI Kokusai ETF 0.2 25 35 6.9 -1.4
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 51 7.0 -1.2
VDNI V-Shares US Leadership Diversity ETF 0.2 29 31 7.0 -1.3
URTH iShares MSCI World ETF 0.2 24 36 6.9 -1.3
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.2 30 30 6.7 -1.6
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 40 8.6 +0.3
REVS Columbia Research Enhanced Value ETF 0.2 19 41 9.8 +1.5
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.2 7 53 6.5 -1.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.2 12 48 6.7 -1.6
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.2 42 18 7.1 -1.2
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 21 10.7 +2.5
RESP WisdomTree US ESG Fund of Benef Interest 0.2 28 32 7.9 -0.4
ACWI iShares MSCI ACWI ETF 0.1 32 28 7.0 -1.2
HLGE Hartford Longevity Economy ETF 0.1 44 16 9.1 +0.8
XVV iShares ESG Screened S&P 500 ETF 0.1 8 52 6.7 -1.6
SSPY Syntax Stratified LargeCap ETF 0.1 30 30 7.6 -0.7
ROSC Hartford Multifactor Small Cap ETF 0.1 34 26 11.9 +3.7
EPS WisdomTree U.S. Earnings 500 Fund 0.1 8 52 8.2 -0.1
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 49 7.0 -1.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 40 6.6 -1.7
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.1 25 35 8.4 +0.1
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 31 6.4 -1.8
VUG Vanguard Growth Index Fund 0.1 4 56 5.4 -2.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 51 6.7 -1.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 40 7.3 -1.0
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 0.1 15 45 6.6 -1.6
JQUA JPMorgan U.S. Quality Factor ETF 0.1 12 48 7.4 -0.9
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -15 7.0 -1.3
ILCG iShares Morningstar Growth ETF 0.1 4 56 5.1 -3.2
RECS Columbia Research Enhanced Core ETF 0.1 15 45 7.6 -0.6
GBLO Global Beta Low Beta ETF 0.1 29 31 0.0 -8.3
IUSS Invesco Strategic US Small Company ETF 0.1 23 37 7.2 -1.0
DIVB iShares U.S. Dividend & Buyback ETF 0.1 25 35 8.4 +0.2
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 45 7.2 -1.0
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.1 21 39 4.6 -3.7
GSPY Gotham Enhanced 500 ETF 0.1 50 10 7.2 -1.1
LRGF iShares Edge MSCI Multifactor USA ETF 0.0 8 52 7.5 -0.7
ACVF American Conservative Values ETF 0.0 75 -15 5.9 -2.4
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 30 7.5 -0.8
RWL Invesco S&P 500 Revenue ETF 0.0 39 21 7.8 -0.5
IUSG iShares Core S&P US Growth ETF 0.0 4 56 6.3 -2.0
HEET Hartford Schroders ESG US Equity ETF 0.0 39 21 7.6 -0.6
HKND Humankind US Stock ETF 0.0 11 49 8.3 +0.1
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.0 28 32 7.7 -0.6

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:
NETLease Corporate Real Estate ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.9 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 8.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.53 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.