NETLease Corporate Real Estate ETF
ALTAR
Score™
7.3% info Recommen-
dation
OVERWEIGHT
2022E    2023E
P/E
ratio
13.8x P/Sales
ratio
7.1x
P/BV
ratio
1.5x Div.
yield
5.5%


  • 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) $114
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) $7,013
Large cap (>$10bn) 21.3%
Mid cap ($2-10bn) 57.0%
Small cap (<$2bn) 21.7%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
WP CAREY INC 9.0 %
NATIONAL RETAIL PROPERTIES 8.7 %
REALTY INCOME CORP 8.7 %
STORE CAPITAL CORP 7.6 %
STAG INDUSTRIAL INC 7.6 %
AGREE REALTY CORP 4.6 %
EPR PROPERTIES 4.3 %
BROADSTONE NET LEASE, INC. 4.0 %
ESSENTIAL PROPERTIES REALTY TRUST, 3.9 %
SPIRIT REALTY CAPITAL INC 3.9 %
Total 62.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.2 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-12.3% -3.2% -- -- 7.1%

Market Correlations
versus... Beta R-squared
S&P500 1.08 63%
MSCI EAFE 1.15 68%
MSCI Emg. Mkts. 0.86 45%

Technical Indicators
Recent close $26.56
30d moving avg. $28.17
Annualized volatility 25.4%
Short interest (ETF) 0.2%
Short interest (Underlying) 3.1%
Relative strength (RSI) 38

Liquidity measures
Avg. volume (thou.) 25
Turnover 0.6%
Bid/Ask (% of price) 0.44%
ADV underlying (mns) $1,000

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 364 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™: 7.3%


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
(%)
RDOG ALPS REIT Dividend Dogs ETF 38.3 35 25 8.4 +1.1
KBWY Invesco KBW Premium Yield Equity REIT ETF 34.3 35 25 9.3 +2.0
RIET Hoya Capital High Dividend Yield ETF 16.4 25 35 9.1 +1.9
JRE Janus Henderson U.S. Real Estate ETF 16.2 65 -5 4.6 -2.7
ROOF IQ US Real Estate Small Cap ETF 14.6 70 -10 7.8 +0.5
INDS Pacer Benchmark Industrial Real Estate SCTR ETF 13.8 60 0 4.1 -3.2
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 13.5 11 49 5.8 -1.5
FRI First Trust S&P REIT Index Fund 13.2 50 10 5.2 -2.1
USRT iShares Core U.S. REIT ETF 12.8 8 52 5.9 -1.4
PPTY PPTY-U.S. Diversified Real Estate ETF 12.1 49 11 5.4 -1.9
BLDG Cambria Global Real Estate ETF 11.7 59 1 6.4 -0.9
RWR SPDR Dow Jones REIT ETF 11.2 25 35 5.8 -1.5
DFAR Dimensional US Real Estate ETF 10.8 19 41 5.5 -1.8
SRET Global X SuperDividend REIT ETF 10.7 58 2 8.9 +1.6
VRAI Virtus Real Asset Income ETF 10.6 55 5 6.2 -1.1
SCHH Schwab U.S. REIT ETF 10.5 7 53 5.6 -1.7
FPRO Fidelity Real Estate Investment ETF 10.2 59 1 4.8 -2.5
FREL Fidelity MSCI Real Estate Index ETF 10.0 9 52 5.7 -1.6
REET iShares Global REIT ETF 9.4 14 46 5.6 -1.7
PSCF Invesco S&P SmallCap Financials ETF 9.1 29 31 9.6 +2.4
IYR iShares U.S. Real Estate ETF 8.8 41 19 5.7 -1.6
VNQ Vanguard REIT Index Fund 8.4 12 48 5.8 -1.5
FFR First Trust FTSE EPRA/NAREIT Developed Markets Real Estate 8.1 60 0 5.6 -1.7
PSR Invesco Active U.S. Real Estate Fund 8.1 35 25 4.9 -2.4
RWO SPDR Dow Jones Global Real Estate ETF 7.6 50 10 5.3 -2.0
VICE AdvisorShares Vice ETF 7.5 99 -39 4.8 -2.5
HOTL Kelly Hotel & Lodging Sector ETF 7.5 78 -18 2.8 -4.5
BJK VanEck Gaming ETF 7.5 65 -5 2.0 -5.3
BEDZ AdvisorShares Hotel ETF 7.5 99 -39 1.4 -5.9
ICF iShares Cohen & Steers REIT ETF 7.3 33 27 5.1 -2.2
AVRE Avantis Real Estate ETF 6.9 17 43 5.5 -1.8
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 6.8 30 30 9.1 +1.8
ICAP InfraCap Equity Income Fund ETF 6.7 80 -20 8.5 +1.2
XSLV Invesco S&P SmallCap Low Volatility ETF 6.5 25 35 7.5 +0.2
LVHD Legg Mason Low Volatility High Dividend ETF 4.9 27 33 7.3 -0.0
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 4.9 60 0 7.8 +0.5
GK AdvisorShares Gerber Kawasaki ETF 4.6 81 -21 4.4 -2.9
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 4.2 60 0 7.9 +0.6
VSL Volshares Large Capital ETF 4.1 65 -5 6.0 -1.3
XLRE The Real Estate Select Sector SPDR Fund 4.0 10 50 5.4 -1.9
MGMT Ballast Small/Mid Cap ETF 3.9 110 -50 8.5 +1.2
TRYP SonicShares Airlines, Hotels, Cruise Lines ETF 3.8 75 -15 -3.6 -10.9
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 3.8 80 -20 6.5 -0.8
EWRE Invesco S&P 500 Equal Weight Real Estate ETF 3.7 40 20 5.4 -1.9
XMLV Invesco S&P MidCap Low Volatility ETF 3.6 25 35 6.3 -1.0
PZLD Puzzle Divdend Leaders 3.5 10 50 7.0 -0.3
SDY SPDR S&P Dividend ETF 3.4 35 25 6.3 -1.0
MSOS AdvisorShares Pure US Cannabis ETF 3.1 73 -13 -2.5 -9.7
TOKE Cambria Cannabis ETF 3.1 42 18 -12.6 -19.9
MJUS ETFMG U.S. Alternative Harvest ETF 3.1 75 -15 -15.7 -23.0
YOLO AdvisorShares Pure Cannabis ETF 3.1 76 -16 -25.8 -33.1
PSY Defiance Next Gen Altered Experience ETF 3.1 75 -15 -36.7 -44.0
KONG Formidable Fortress ETF 3.1 89 -29 6.0 -1.3
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 3.1 60 0 4.8 -2.5
DON WisdomTree U.S. MidCap Dividend Fund 3.0 38 22 8.4 +1.1
TMFS Motley Fool Small Cap Growth ETF 2.9 85 -25 2.7 -4.6
SIXS 6 Meridian Small Cap Equity ETF 2.9 100 -40 9.3 +2.0
XSMO Invesco S&P SmallCap Momentum ETF 2.9 39 21 8.9 +1.6
FDVV Fidelity Core Dividend ETF 2.8 29 31 7.2 -0.1
JDIV JPMorgan U.S. Dividend ETF 2.8 12 48 7.7 +0.4
IJT iShares S&P Small-Cap 600 Growth ETF 2.7 18 42 7.8 +0.5
SLYG SPDR S&P 600 Small Cap Growth ETF 2.7 15 45 7.9 +0.6
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.7 16 44 8.0 +0.7
MJ ETFMG Alternative Harvest ETF 2.6 75 -15 -37.1 -44.4
RYJ Invesco Raymond James SB-1 Equity ETF 2.6 75 -15 3.6 -3.7
XJR iShares ESG Screened S&P Small-Cap ETF 2.6 12 48 7.4 +0.1
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 2.6 15 45 8.0 +0.7
IJR iShares Core S&P Small Cap ETF 2.4 6 54 7.6 +0.3
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 2.4 38 22 9.4 +2.1
SLY SPDR S&P 600 Small Cap ETF 2.4 15 45 7.5 +0.2
SPSM SPDR Portfolio S&P 600 Small Cap ETF 2.4 5 55 7.6 +0.3
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 2.4 12 48 6.8 -0.5
VIOO Vanguard S&P Small-Cap 600 ETF 2.4 10 50 7.6 +0.3
IWN iShares Russell 2000 Value ETF 2.3 24 36 2.2 -5.1
VTWV Vanguard Russell 2000 Value Index Fund 2.3 15 45 2.6 -4.7
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 2.2 60 0 8.8 +1.5
ONEY SPDR Russell 1000 Yield Focus ETF 2.2 20 40 8.4 +1.1
VIOV Vanguard S&P Small-Cap 600 Value ETF 2.1 15 45 7.6 +0.3
SLYV SPDR S&P 600 Small Cap Value ETF 2.1 15 45 7.6 +0.3
IJS iShares S&P Small-cap 600 Value ETF 2.1 18 42 7.6 +0.3
BIBL Inspire ETF 2.1 35 25 5.5 -1.8
MBOX Freedom Day Dividend ETF 2.1 39 21 7.8 +0.5
ESIX SPDR S&P SmallCap 600 ESG ETF 2.0 12 48 7.9 +0.6
BOSS Global X Founder-Run Companies ETF 2.0 45 15 2.9 -4.4
SCHM Schwab U.S. Mid-Cap ETF 2.0 4 56 6.4 -0.9
SMLE Xtrackers S&P SmallCap 600 ESG ETF 2.0 15 45 7.8 +0.5
RITA ETFB Green SRI REITs ETF 2.0 50 10 4.3 -3.0
HUSV First Trust Horizon Managed Volatility Domestic ETF 2.0 70 -10 5.2 -2.1
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 2.0 41 19 6.3 -1.0
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 2.0 30 30 7.5 +0.2
FMIL Fidelity New Millennium ETF 1.9 59 1 6.7 -0.6
IMCV iShares Morningstar Mid-Cap Value ETF 1.9 6 54 7.2 -0.1
DES WisdomTree U.S. SmallCap Dividend Fund 1.9 38 22 8.6 +1.3
PSC Principal U.S. Small Cap Index ETF 1.9 38 22 7.2 -0.1
OSCV Opus Small Cap Value Plus ETF 1.8 79 -19 5.2 -2.1
DIV Global X SuperDividend US ETF 1.8 45 15 6.0 -1.3
IJJ iShares S&P Mid-Cap 400 Value ETF 1.8 18 42 8.2 +0.9
SIXL 6 Meridian Low Beta Equity Strategy ETF 1.8 88 -28 5.8 -1.5
MDYV SPDR S&P 400 Mid Cap Value ETF 1.8 15 45 8.2 +0.9
IVOV Vanguard S&P Mid-Cap 400 Value ETF 1.8 15 45 8.2 +0.9
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.8 29 31 7.0 -0.3
SPDV AAM S&P 500 High Dividend Value ETF 1.8 29 31 8.9 +1.6
NUMV Nuveen ESG Mid-Cap Value ETF 1.8 30 30 8.1 +0.8
LVOL American Century Low Volatility ETF 1.7 29 31 5.4 -1.9
JRNY ALPS Global Travel Beneficiaries ETF 1.7 65 -5 0.8 -6.5
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 1.7 30 30 7.1 -0.2
IWS iShares Russell Mid-Cap Value ETF 1.7 23 37 6.7 -0.6
FSMD Fidelity Small-Mid Factor ETF 1.7 29 31 8.4 +1.1
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 1.6 69 -9 7.2 -0.1
RNMC Mid Cap US Equity Select ETF 1.6 60 0 7.7 +0.4
IVRA Invesco Real Assets ESG ETF 1.6 59 1 4.9 -2.4
VXF Vanguard Extended Market Index Fund 1.6 6 54 2.6 -4.7
VBK Vanguard Small-Cap Growth Index Fund 1.6 7 53 2.5 -4.8
PBSM Invesco PureBeta MSCI USA Small Cap ETF 1.6 6 54 5.6 -1.7
VB Vanguard Small-Cap ETF 1.6 5 55 6.1 -1.2
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.6 7 53 5.6 -1.7
VBR Vanguard Small Cap Value Index Fund 1.6 7 53 8.2 +0.9
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 1.5 40 20 7.3 -0.0
KNG FT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF 1.5 75 -15 5.5 -1.8
JHSC John Hancock Multifactor Small Cap ETF 1.5 42 18 6.5 -0.8
PY Principal Shareholder Yield Index ETF 1.5 15 45 10.4 +3.1
DEW WisdomTree Global High Dividend Fund 1.5 58 2 8.2 +1.0
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.5 35 25 5.9 -1.4
FLDZ RiverNorth Volition America Patriot ETF 1.5 70 -10 5.5 -1.8
EQUL IQ Engender Equality ETF 1.5 45 15 7.3 +0.1
VOT Vanguard Mid-Cap Growth Index Fund 1.4 7 53 4.1 -3.2
ISCG iShares Morningstar Small-Cap Growth ETF 1.4 6 54 1.5 -5.8
IWM iShares Russell 2000 ETF 1.4 19 41 1.5 -5.8
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 1.4 19 41 8.0 +0.7
RNSC Small Cap US Equity Select ETF 1.3 60 0 8.4 +1.1
VTWO Vanguard Russell 2000 Index Fund 1.3 10 50 1.7 -5.6
BKMC BNY Mellon US Mid Cap Core Equity ETF 1.3 4 56 6.1 -1.2
BKSE BNY Mellon US Small Cap Core Equity ETF 1.3 4 56 5.9 -1.4
IMCB iShares Morningstar Mid-Cap ETF 1.3 4 56 6.0 -1.3
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.3 9 51 5.0 -2.3
VALQ American Century STOXX U.S. Quality Value ETF 1.2 29 31 8.9 +1.6
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 1.2 75 -15 5.6 -1.7
XJH iShares ESG Screened S&P Mid-Cap ETF 1.2 12 48 7.6 +0.3
SPYD SPDR S&P 500 High Dividend ETF 1.2 7 53 7.9 +0.6
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 1.2 15 45 7.8 +0.5
EQAL Invesco Russell 1000 Equal Weight ETF 1.2 20 40 6.2 -1.1
SCHA Schwab U.S. Small-Cap ETF 1.2 4 56 5.5 -1.8
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.2 70 -10 4.4 -2.9
FDWM Fidelity Women's Leadership ETF 1.2 59 1 6.0 -1.3
ISCB iShares Morningstar Small-Cap ETF 1.2 4 56 5.1 -2.2
IWR iShares Russell Midcap ETF 1.2 19 41 5.9 -1.4
DHS WisdomTree U.S. High Dividend Fund 1.2 38 22 7.6 +0.3
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.1 65 -5 3.9 -3.4
MDY SPDR S&P Midcap 400 ETF Trust 1.1 23 37 7.3 +0.0
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 1.1 24 36 7.6 +0.3
IJH iShares Core S&P Mid-Cap ETF 1.1 5 55 7.5 +0.2
SPMD SPDR Portfolio Mid Cap ETF 1.1 5 55 7.5 +0.2
IVOO Vanguard S&P Mid-Cap 400 ETF 1.1 10 50 7.4 +0.1
FYC First Trust Small Cap Growth AlphaDEX Fund 1.1 71 -11 2.7 -4.6
SPRE SP Funds S&P Global REIT Sharia ETF 1.1 69 -9 3.6 -3.7
VO Vanguard Mid-Cap Index Fund 1.1 4 56 5.6 -1.7
BFTR Future Innovators ETF 1.1 80 -20 -3.3 -10.6
SMDV ProShares Russell 2000 Dividend Growers ETF 1.1 41 19 6.5 -0.8
EZM WisdomTree U.S. MidCap Earnings Fund 1.1 38 22 9.8 +2.5
SDIV Global X SuperDividend ETF 1.1 59 1 30.5 +23.2
DEF Invesco Defensive Equity ETF 1.0 53 7 6.0 -1.3
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 1.0 17 43 5.5 -1.8
SMMD iShares Russell 2500 ETF 1.0 15 45 6.4 -0.9
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.0 39 21 4.3 -3.0
ISCV iShares Morningstar Small Cap Value ETF 1.0 6 54 8.0 +0.7
JHMM John Hancock Multifactor Mid Cap ETF 1.0 41 19 6.7 -0.6
GQRE FlexShares Global Quality Real Estate Index Fund 1.0 45 15 6.2 -1.1
CGUS Capital Group Core Equity ETF 1.0 33 27 6.1 -1.2
SPLV Invesco S&P 500 Low Volatility ETF 1.0 25 35 5.6 -1.7
ALTL Pacer Lunt Large Cap Alternator ETF 1.0 60 0 5.2 -2.1
EWMC Invesco S&P MidCap 400 Equal Weight ETF 1.0 40 20 7.3 -0.0
FNDA Schwab Fundamental U.S. Small Co. Index ETF 1.0 25 35 6.0 -1.3
SFYX Sofi Next 500 ETF 1.0 0 60 6.6 -0.7
ISMD Inspire Small/Mid Cap Impact ETF 1.0 57 3 6.2 -1.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 1.0 18 42 7.4 +0.1
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 1.0 29 31 7.7 +0.4
SQEW LeaderShares Equity Skew ETF 1.0 75 -15 6.3 -1.0
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 1.0 35 25 7.4 +0.1
FUNL CornerCap Fundametrics Large-Cap ETF 0.9 50 10 8.0 +0.7
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 0.9 20 40 4.9 -2.4
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.9 20 40 6.8 -0.5
FLRG Fidelity U.S. Multifactor ETF 0.9 29 31 7.7 +0.4
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.9 25 35 8.1 +0.8
DTD WisdomTree U.S.Total Dividend Fund 0.9 28 32 6.9 -0.4
CZA Invesco Zacks Mid-Cap ETF 0.9 69 -9 6.3 -1.0
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 0.9 35 25 7.0 -0.3
FNX First Trust Mid Cap Core AlphaDEX Fund 0.9 60 0 7.6 +0.3
FYT First Trust Small Cap Value AlphaDEX Fund 0.8 72 -12 12.0 +4.7
KLCD KFA Large Cap Quality Dividend Index ETF 0.8 42 18 6.2 -1.1
FYX First Trust Small Cap Core AlphaDEX Fund 0.8 63 -3 8.4 +1.1
FQAL Fidelity Quality Factor ETF 0.8 29 31 6.7 -0.6
XMMO Invesco S&P MidCap Momentum ETF 0.8 33 27 7.6 +0.3
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.8 35 25 10.5 +3.2
DRW WisdomTree Global ex-US Real Estate Fund 0.8 58 2 4.3 -3.0
VOE Vanguard Mid-Cap Value Index Fund 0.8 7 53 6.9 -0.4
FVAL Fidelity Value Factor ETF 0.7 29 31 8.9 +1.6
RYLD Global X Russell 2000 Covered Call ETF 0.7 60 0 1.2 -6.1
SHE SPDR SSGA Gender Diversity Index ETF 0.7 20 40 5.8 -1.5
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.7 10 50 5.7 -1.6
JVAL JPMorgan U.S. Value Factor ETF 0.7 12 48 8.8 +1.5
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 0.6 30 30 9.4 +2.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 51 5.7 -1.6
SSLY Syntax Stratified SmallCap ETF 0.6 40 20 7.3 -0.0
FAB First Trust Multi Cap Value AlphaDEX Fund 0.6 70 -10 9.9 +2.6
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.6 39 21 7.1 -0.2
FNK First Trust Mid Cap Value AlphaDEX Fund 0.6 70 -10 9.6 +2.3
IWD iShares Russell 1000 Value ETF 0.6 19 41 6.9 -0.4
SIZE iShares MSCI USA Size Factor ETF 0.6 15 45 6.2 -1.1
MCRX SNN MicroCap Research Index 0.6 0 60 -0.9 -8.2
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.6 63 -3 4.5 -2.8
FEX First Trust Large Cap Core AlphaDEX Fund 0.6 59 1 7.5 +0.2
RNDV US Equity Dividend Select ETF 0.6 50 10 8.1 +0.8
EUSA iShares MSCI USA Equal Weighted ETF 0.6 9 51 6.0 -1.3
BLES Inspire Global Hope Large Cap ETF 0.5 52 8 5.7 -1.6
VONV Vanguard Russell 1000 Value Index Fund 0.5 8 52 7.1 -0.2
FTA First Trust Large Cap Value AlphaDEX Fund 0.5 60 0 9.4 +2.1
IWC iShares Micro-Cap ETF 0.5 60 0 -21.9 -29.2
USXF iShares ESG Advanced MSCI USA ETF 0.5 10 50 5.9 -1.4
CSD Invesco S&P Spin-Off ETF 0.5 65 -5 5.1 -2.2
FDRR Fidelity Dividend ETF for Rising Rates 0.5 29 31 7.6 +0.3
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.5 60 0 6.8 -0.5
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.5 10 50 5.6 -1.7
SCHV Schwab U.S. Large-Cap Value ETF 0.5 4 56 7.1 -0.2
ONEO SPDR Russell 1000 Momentum Focus ETF 0.5 20 40 8.0 +0.7
FVD First Trust Value Line Dividend Index Fund 0.5 70 -10 5.9 -1.4
JSML Janus Henderson Small Cap Growth Alpha ETF 0.5 30 30 9.6 +2.3
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.4 15 45 8.1 +0.8
IMCG iShares Morningstar Mid-Cap Growth ETF 0.4 6 54 4.5 -2.8
PFM Invesco Dividend Achievers ETF 0.4 53 7 6.1 -1.2
FDM First Trust Dow Jones Select Microcap Index Fund 0.4 60 0 8.0 +0.7
ILCV iShares Morningstar Value ETF 0.4 4 56 7.1 -0.2
DLN WisdomTree U.S. LargeCap Dividend Fund 0.4 28 32 6.7 -0.6
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.4 17 43 7.6 +0.3
ETHO Etho Climate Leadership U.S. ETF 0.4 48 12 4.6 -2.7
CSML IQ Chaikin U.S. Small Cap ETF 0.4 35 25 5.8 -1.5
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.4 29 31 8.1 +0.8
EES WisdomTree SmallCap Earnings Fund 0.4 38 22 10.1 +2.8
VEGN US Vegan Climate ETF 0.4 60 0 5.6 -1.7
SVAL iShares US Small Cap Value Factor ETF 0.4 20 40 10.3 +3.1
TMFX Motley Fool Next Index ETF 0.4 50 10 3.7 -3.6
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 0.4 20 40 6.5 -0.8
QUAL iShares MSCI Usa Quality Factor ETF 0.4 15 45 6.1 -1.2
FDLO Fidelity Low Volatility Factor ETF 0.4 29 31 5.5 -1.8
RDIV Invesco S&P Ultra Dividend Revenue ETF 0.4 39 21 9.1 +1.8
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.4 52 8 8.1 +0.8
IWV iShares Russell 3000 ETF 0.4 20 40 5.5 -1.8
VTI Vanguard Total Stock Market Index Fund 0.4 3 57 5.5 -1.8
SCHB Schwab U.S. Broad Market ETF 0.4 3 57 5.8 -1.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.4 3 57 5.6 -1.7
NUSC Nuveen ESG Small-Cap ETF 0.3 30 30 5.7 -1.6
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.3 15 45 6.7 -0.6
IJK iShares S&P Mid-Cap 400 Growth ETF 0.3 17 43 6.7 -0.6
VTHR Vanguard Russell 3000 Index Fund 0.3 10 50 5.6 -1.7
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.3 15 45 6.6 -0.7
TTAC TrimTabs US Free Cash Flow Quality ETF 0.3 59 1 6.7 -0.6
JHML John Hancock Multifactor Large Cap ETF 0.3 29 31 6.2 -1.1
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.3 25 35 6.3 -1.0
ESGV Vanguard ESG U.S. Stock ETF 0.3 9 51 6.0 -1.3
RNLC Large Cap US Equity Select ETF 0.3 60 0 6.8 -0.5
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 15 45 6.1 -1.2
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.3 64 -4 7.4 +0.1
SCHK Schwab 1000 Index ETF 0.3 5 55 5.9 -1.4
IUSV iShares Core S&P U.S. Value ETF 0.3 4 56 6.8 -0.5
AFSM First Trust Active Factor Small Cap ETF 0.3 77 -17 8.1 +0.8
IYY iShares Dow Jones U.S. ETF 0.3 20 40 5.7 -1.6
IWB iShares Russell 1000 ETF 0.3 15 45 5.9 -1.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 30 30 7.0 -0.3
IUSS Invesco Strategic US Small Company ETF 0.3 23 37 6.2 -1.1
ROUS Hartford Multifactor US Equity ETF 0.3 19 41 7.3 +0.0
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.3 20 40 7.1 -0.2
PRF Invesco FTSE RAFI US 1000 ETF 0.3 39 21 7.2 -0.1
VONE Vanguard Russell 1000 ETF 0.3 8 52 5.9 -1.4
GBDV Global Beta Smart Income ETF 0.3 29 31 8.7 +1.4
SCHX Schwab U.S. Large-Cap ETF 0.3 3 57 5.9 -1.4
ILCB iShares Morningstar U.S. Equity ETF 0.3 3 57 5.9 -1.4
AFLG First Trust Active Factor Large Cap ETF 0.3 55 5 7.0 -0.3
VTV Vanguard Value Index Fund 0.3 4 56 7.3 -0.0
IWO iShares Russell 2000 Growth ETF 0.2 24 36 1.0 -6.3
FLQL Franklin LibertyQ U.S. Equity ETF 0.2 15 45 7.0 -0.3
VTWG Vanguard Russell 2000 Growth Index Fund 0.2 15 45 1.0 -6.3
PBUS Invesco PureBeta MSCI USA ETF 0.2 4 56 5.9 -1.4
VLU SPDR S&P 1500 Value Tilt ETF 0.2 12 48 7.8 +0.5
SFY SoFi Select 500 ETF 0.2 0 60 5.9 -1.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 58 5.9 -1.4
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.2 39 21 9.0 +1.7
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.2 30 30 9.5 +2.2
VOOV Vanguard S&P 500 Value ETF 0.2 10 50 6.6 -0.7
IVE iShares S&P 500 Value ETF 0.2 18 42 6.6 -0.7
SPYV SPDR Portfolio S&P 500 Value ETF 0.2 4 56 6.7 -0.6
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 0.2 75 -15 6.9 -0.4
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 40 6.2 -1.1
SPTM SPDR Portfolio Total Stock Market ETF 0.2 3 57 6.1 -1.2
IQSU IQ Candriam ESG US Equity ETF 0.2 9 51 5.9 -1.4
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.2 15 45 6.0 -1.3
VT Vanguard Total World Stock ETF 0.2 8 52 6.3 -1.0
SMDY Syntax Stratified MidCap ETF 0.2 35 25 6.8 -0.5
VV Vanguard Large-Cap Index Fund 0.2 4 56 5.8 -1.5
RZV Invesco S&P Smallcap 600 Pure Value ETF 0.2 35 25 8.7 +1.4
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 51 6.3 -1.0
VOTE Engine No. 1 Transform 500 ETF 0.2 5 55 5.9 -1.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.2 25 35 7.0 -0.3
VDNI V-Shares US Leadership Diversity ETF 0.2 29 31 6.2 -1.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.2 12 48 5.5 -1.8
RESP WisdomTree US ESG Fund of Benef Interest 0.2 28 32 7.2 -0.1
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 51 6.0 -1.3
GLIF AGFiQ Global Infrastructure ETF 0.2 45 15 4.5 -2.8
TOK iShares MSCI Kokusai ETF 0.2 25 35 5.9 -1.4
FDMO Fidelity Momentum Factor ETF 0.2 29 31 5.1 -2.2
ROSC Hartford Multifactor Small Cap ETF 0.2 34 26 10.2 +2.9
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.2 7 53 5.9 -1.4
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.2 25 35 6.5 -0.8
URTH iShares MSCI World ETF 0.2 24 36 5.9 -1.4
SPXT ProShares S&P 500 Ex-Technology ETF 0.2 27 33 6.0 -1.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 48 5.9 -1.4
WOMN Impact Shares YWCA Women's Empowerment ETF 0.1 75 -15 6.0 -1.3
RWK Invesco S&P MidCap 400 Revenue ETF 0.1 39 21 9.2 +1.9
REVS Columbia Research Enhanced Value ETF 0.1 19 41 8.2 +0.9
YPS Arrow Reverse Cap 500 ETF 0.1 29 31 6.1 -1.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.1 30 30 6.8 -0.5
JMOM JPMorgan U.S. Momentum Factor ETF 0.1 12 48 5.8 -1.5
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 27 33 5.6 -1.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 51 6.1 -1.2
XVV iShares ESG Screened S&P 500 ETF 0.1 8 52 6.0 -1.3
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 49 6.3 -1.0
HLGE Hartford Longevity Economy ETF 0.1 44 16 8.0 +0.7
ACWI iShares MSCI ACWI ETF 0.1 32 28 6.1 -1.2
XVOL Acruence Active Hedge U.S. Equity ETF 0.1 83 -23 5.2 -2.1
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.1 25 35 7.1 -0.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 40 5.9 -1.4
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 27 33 5.9 -1.4
VUG Vanguard Growth Index Fund 0.1 4 56 4.9 -2.4
EPS WisdomTree U.S. Earnings 500 Fund 0.1 8 52 7.4 +0.1
IVV iShares Core S&P 500 ETF 0.1 3 57 6.0 -1.3
VOO VANGUARD S&P 500 ETF 0.1 3 57 6.0 -1.3
SPLG SPDR Portfolio S&P 500 ETF 0.1 3 57 6.0 -1.3
SPY SPDR S&P 500 ETF Trust 0.1 9 51 5.9 -1.4
XTR Global X S&P 500 Tail Risk ETF 0.1 60 0 5.6 -1.7
PBP Invesco S&P 500 BuyWrite ETF 0.1 49 11 5.5 -1.8
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 31 5.7 -1.6
XCLR Global X S&P 500 Collar 95-110 ETF 0.1 60 0 5.4 -1.9
XRMI Global X S&P 500 Risk Managed Income ETF 0.1 60 0 5.4 -1.9
KVLE KFA Value Liner Dynamic Core Equity Index ETF 0.1 56 4 6.9 -0.4
XYLG Global X S&P 500 Covered Call & Growth ETF 0.1 60 0 5.4 -1.9
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 0.1 15 45 5.8 -1.5
ILCG iShares Morningstar Growth ETF 0.1 4 56 4.5 -2.8
JQUA JPMorgan U.S. Quality Factor ETF 0.1 12 48 6.6 -0.7
RECS Columbia Research Enhanced Core ETF 0.1 15 45 7.0 -0.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 40 6.2 -1.1
SSPY Syntax Stratified LargeCap ETF 0.1 30 30 6.4 -0.9
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 45 6.4 -0.9
DIVB iShares U.S. Dividend & Buyback ETF 0.1 25 35 7.3 -0.0
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.1 21 39 3.9 -3.4
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 41 6.6 -0.7
VFVA Vanguard U.S. Value Factor ETF 0.0 14 46 11.0 +3.7
ACVF American Conservative Values ETF 0.0 75 -15 5.2 -2.1
ESG FlexShares STOXX US ESG Impact Index Fund 0.0 32 28 5.8 -1.5
MXDU Nationwide Maximum Diversification US Core Equity ETF 0.0 34 26 5.7 -1.6
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 30 6.2 -1.1
GSPY Gotham Enhanced 500 ETF 0.0 50 10 6.1 -1.2
HKND Humankind US Stock ETF 0.0 11 49 6.8 -0.5
IUSG iShares Core S&P US Growth ETF 0.0 4 56 5.7 -1.6
RWL Invesco S&P 500 Revenue ETF 0.0 39 21 6.7 -0.6
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.0 28 32 6.8 -0.5
HLAL Wahed FTSE USA Shariah ETF 0.0 50 10 5.3 -2.0

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 11.9 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 7.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.52 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.