Invesco Global Clean Energy ETF
ALTAR
Score™		 0.0% info Recommen-
dation		 AVOID
2021E    2022E
P/E
ratio		 59.0x P/Sales
ratio		 2.0x
P/BV
ratio		 3.4x Div.
yield		 1.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Invesco Global Clean Energy Portfolio seeks to track the investment performance of the WilderHill New Energy Global Innovation Index, a modified equal-weighted index.

FUND BASICS
Category Global Equities
Fund Sponsor Invesco PowerShares
Website www.powershares.com
Inception date Jun 13, 2007
Assets (mns) $391
Currency USD
Expense ratio 75 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 126
Wgt avg mkt cap (mns) $7,720
Large cap (>$10bn) 23.4%
Mid cap ($2-10bn) 37.3%
Small cap (<$2bn) 27.9%
Developed mkts 80.1%
Emerging mkts 19.9%

TOP TEN HOLDINGS
VERBIO VEREINIGTE BIOENERGIE AG 1.1 %
AFC ENERGY PLC 1.1 %
CAVERION OYJ 1.1 %
PHILIPS LIGHTING NV 1.0 %
SINO-AMERICAN SILICON PRODUC 1.0 %
CERES POWER HOLDINGS PLC 1.0 %
WEST HOLDINGS CORPORATION 1.0 %
HEXAGON PURUS AS 1.0 %
EVERFUEL A/S 1.0 %
QUIMICA Y MINERA CHIL-SP ADR 1.0 %
Total 10.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 21.8 %
CHINA 8.2 %
BRITAIN 6.2 %
GERMANY 6.0 %
CANADA 5.7 %
SOUTH KOREA 4.4 %
SPAIN 4.4 %
DENMARK 3.6 %
NETHERLANDS 2.7 %
TAIWAN 2.7 %

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% 129.0% 24.8% 8.7% 2.3%

Market Correlations
versus... Beta R-squared
S&P500 1.26 52%
MSCI EAFE 1.41 63%
MSCI Emg. Mkts. 1.29 65%

Technical Indicators
Recent close $28.09
30d moving avg. $30.87
Annualized volatility 32.5%
Short interest (ETF) 0.3%
Relative strength (RSI) 43

Liquidity measures
Avg. volume (thou.) 199
Turnover 1.4%
Bid/Ask (% of price) 0.28%
ADV underlying (mns) $14,518

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 644 potential alternatives to the Invesco Global Clean Energy ETF ETF based on the alternatives' overlap in portfolio holdings with PBD. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: PBD Expense: 75 bp ALTAR Score™: 0.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH PBD
Ticker Fund
Name		 Overlap1
vs PBD
(%)		 Expense
ratio
(bp)		 Savings
vs PBD
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs PBD
(%)
BNE Blue Horizon BNE ETF 32.6 87 -12 2.8 +2.8
PBW Invesco WilderHill Clean Energy ETF 28.1 70 5 -1.5 -1.5
ICLN iShares Global Clean Energy ETF 26.1 46 29 3.4 +3.4
CTEC Global X CleanTech ETF 25.0 50 25 2.3 +2.3
SMOG VanEck Vectors Low Carbon Energy ETF 21.9 62 13 2.3 +2.3
TAN Invesco Solar ETF 21.2 69 6 0.4 +0.4
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 19.6 60 15 0.3 +0.3
RNRG Global X Renewable Energy Producers ETF 17.2 65 10 2.5 +2.5
PZD Invesco Cleantech ETF 15.9 65 10 3.8 +3.8
HDRO Defiance Next Gen H2 ETF 15.5 30 45 -10.8 -10.8
ACES ALPS Clean Energy ETF 15.2 55 20 0.8 +0.8
FAN First Trust Global Wind Energy ETF 13.8 62 13 4.0 +4.0
CNRG SPDR S&P Kensho Clean Power ETF 13.1 45 30 1.7 +1.7
SULR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 11.6 79 -4 4.0 +4.0
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 10.3 70 5 3.4 +3.4
BATT Amplify Advanced Battery Metals & Materials ETF 10.0 59 16 2.6 +2.6
HJEN Direxion Hydrogen ETF 8.6 45 30 -0.0 -0.0
IMOM Alpha Architect International Quantitative Momentum ETF 7.7 59 16 3.2 +3.2
KOMP SPDR Kensho New Economies Composite ETF 7.6 20 55 1.9 +1.9
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 7.2 70 5 3.4 +3.4
DRIV Global X Autonomous & Electric Vehicles ETF 6.4 68 7 4.3 +4.3
DTEC ALPS Disruptive Technologies ETF 6.4 50 25 2.9 +2.9
ETHO Etho Climate Leadership U.S. ETF 5.5 48 27 3.6 +3.6
LIT Global X Lithium & Battery Tech ETF 5.4 75 0 2.4 +2.4
QMOM Alpha Architect U.S. Quantitative Momentum ETF 5.0 49 26 -0.8 -0.8
SDG iShares Sustainable MSCI Global Impact ETF 5.0 49 26 5.3 +5.3
WWOW Direxion World Without Waste ETF 4.4 50 25 1.1 +1.1
KGRN KraneShares MSCI China Environment Index ETF 4.3 80 -5 7.7 +7.7
BTEK BlackRock Future Tech ETF 3.7 88 -13 -0.3 -0.3
MDYG SPDR S&P 400 Mid Cap Growth ETF 3.6 15 60 4.0 +4.0
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 3.6 15 60 4.0 +4.0
IJK iShares S&P Mid-Cap 400 Growth ETF 3.6 17 58 4.0 +4.0
IMTM iShares Edge MSCI Intl Momentum Factor ETF 3.6 30 45 3.9 +3.9
SLT Pacer Salt High truBeta US Market ETF 3.5 60 15 2.8 +2.8
IDMO Invesco S&P International Developed Momentum ETF 3.5 25 50 3.5 +3.5
DFAI Dimensional International Core Equity Market ETF 3.4 18 57 6.0 +6.0
UIVM VictoryShares USAA MSCI International Value Momentum ETF 3.4 35 40 7.4 +7.4
EKAR Innovation Shares NextGen Vehicles & Technology ETF 3.3 95 -20 4.8 +4.8
QQQJ Invesco NASDAQ Next Gen 100 ETF 3.2 15 60 2.4 +2.4
EEMO Invesco S&P Emerging Markets Momentum ETF 3.1 31 44 3.6 +3.6
ECLN First Trust EIP Carbon Impact ETF 3.1 97 -22 3.1 +3.1
EWGS iShares MSCI Germany Small Cap ETF 3.1 59 16 4.7 +4.7
RBIN Nationwide Risk-Based International Equity ETF 3.1 42 33 5.7 +5.7
IDRV iShares Self-driving EV & Tech ETF 3.1 47 28 5.2 +5.2
VBK Vanguard Small-Cap Growth Index Fund 3.1 7 68 1.9 +1.9
GLIF AGFiQ Global Infrastructure ETF 3.1 45 30 4.3 +4.3
XMMO Invesco S&P MidCap Momentum ETF 3.0 34 41 3.1 +3.1
XSD SPDR S&P Semiconductor ETF 3.0 35 40 3.3 +3.3
FXN First Trust Energy AlphaDEX Fund 2.9 64 11 2.9 +2.9
SMEZ SPDR EURO STOXX Small Cap ETF 2.9 45 30 0.0 0.0
NUSC Nuveen ESG Small-Cap ETF 2.8 40 35 3.6 +3.6
HAIL SPDR S&P Kensho Smart Mobility ETF 2.8 45 30 4.4 +4.4
FCA First Trust China AlphaDEX Fund 2.8 80 -5 13.6 +13.6
RFDI First Trust Riverfront Dynamic Developed International ETF 2.8 83 -8 5.0 +5.0
RFG Invesco S&P Midcap 400 Pure Growth ETF 2.8 35 40 3.7 +3.7
SPXZ Morgan Creek - Exos SPAC Originated ETF 2.8 100 -25 0.6 +0.6
PGJ Invesco Golden Dragon China ETF 2.7 70 5 4.7 +4.7
EDEN iShares MSCI Denmark Capped ETF 2.7 53 22 5.0 +5.0
FNY First Trust Mid Cap Growth AlphaDEX Fund 2.7 70 5 1.1 +1.1
EMXF iShares ESG Advanced MSCI EM ETF 2.6 16 59 6.7 +6.7
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 2.5 7 68 3.8 +3.8
DFE WisdomTree Europe SmallCap Dividend Fund 2.5 58 17 7.6 +7.6
NUEM Nuveen ESG Emerging Markets Equity ETF 2.5 45 30 5.7 +5.7
ITEQ BlueStar Israel Technology ETF 2.4 75 0 1.7 +1.7
MOON Direxion Moonshot Innovators ETF 2.4 65 10 -4.0 -4.0
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 2.4 58 17 6.5 +6.5
SDGA Impact Shares Sustainable Development Goals Global ETF 2.4 75 0 5.2 +5.2
EWN iShares MSCI Netherlands ETF 2.3 51 24 3.9 +3.9
WOMN Impact Shares YWCA Women's Empowerment ETF 2.3 75 0 4.2 +4.2
REMX VanEck Vectors Rare Earth/Strategic Metals ETF 2.3 60 15 0.8 +0.8
BICK First Trust BICK Index Fund 2.3 64 11 3.7 +3.7
FDMO Fidelity Momentum Factor ETF 2.3 29 46 2.8 +2.8
IWO iShares Russell 2000 Growth ETF 2.3 24 51 0.1 +0.1
VTWG Vanguard Russell 2000 Growth Index Fund 2.3 15 60 0.2 +0.2
IEUS iShares MSCI Europe Small-Cap ETF 2.3 40 35 4.9 +4.9
NACP Impact Shares NAACP Minority Empowerment ETF 2.3 49 26 4.3 +4.3
KEJI Global X China Innovation ETF 2.2 75 0 2.8 +2.8
XJH iShares ESG Screened S&P Mid-Cap ETF 2.2 12 63 5.2 +5.2
EURZ Xtrackers Eurozone Equity ETF 2.2 9 66 5.8 +5.8
CHIQ Global X MSCI China Consumer ETF 2.2 65 10 4.9 +4.9
TPIF Timothy Plan International ETF 2.2 62 13 5.6 +5.6
AIRR First Trust RBA American Industrial Renaissance ETF 2.2 70 5 4.2 +4.2
ISCG iShares Morningstar Small-Cap Growth ETF 2.2 6 69 1.7 +1.7
LDEM iShares ESG MSCI EM Leaders ETF 2.1 16 59 6.4 +6.4
SPMD SPDR Portfolio Mid Cap ETF 2.1 5 70 5.2 +5.2
IVOO Vanguard S&P Mid-Cap 400 ETF 2.1 10 65 5.1 +5.1
IJH iShares Core S&P Mid-Cap ETF 2.1 5 70 5.2 +5.2
ISRA VanEck Vectors Israel ETF 2.0 62 13 5.5 +5.5
EFG iShares MSCI EAFE Growth ETF 2.0 40 35 3.8 +3.8
EUDG WisdomTree Europe Quality Dividend Growth Fund 2.0 58 17 5.9 +5.9
ESGE iShares ESG Aware MSCI EM ETF 2.0 25 50 6.7 +6.7
DWCR Arrow DWA Country Rotation ETF 2.0 136 -61 3.4 +3.4
FYC First Trust Small Cap Growth AlphaDEX Fund 1.9 70 5 1.7 +1.7
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 1.9 47 28 5.4 +5.4
CXSE WisdomTree China ex-State-Owned Enterprises Fund 1.9 32 43 5.6 +5.6
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 1.9 20 55 5.8 +5.8
FNI First Trust Chindia ETF 1.9 60 15 2.7 +2.7
SCHA Schwab U.S. Small-Cap ETF 1.9 4 71 3.5 +3.5
MCHI iShares MSCI China ETF 1.9 59 16 6.7 +6.7
QINT American Century Quality Diversified International ETF 1.9 39 36 6.1 +6.1
VFMO Vanguard U.S. Momentum Factor ETF 1.8 13 62 2.6 +2.6
HAP VanEck Vectors Natural Resources ETF 1.8 50 25 4.7 +4.7
PIZ Invesco DWA Developed Markets Momentum ETF 1.8 80 -5 3.5 +3.5
FLCH Franklin FTSE China ETF 1.8 19 56 7.5 +7.5
IWM iShares Russell 2000 ETF 1.8 19 56 2.5 +2.5
VTWO Vanguard Russell 2000 Index Fund 1.8 10 65 2.6 +2.6
IJT iShares S&P Small-Cap 600 Growth ETF 1.8 18 57 4.5 +4.5
FRDM Freedom 100 Emerging Markets ETF 1.8 49 26 5.3 +5.3
SLYG SPDR S&P 600 Small Cap Growth ETF 1.8 15 60 4.5 +4.5
VIOG Vanguard S&P Small-Cap 600 Growth ETF 1.8 16 59 4.5 +4.5
RODM Hartford Multifactor Developed Markets (ex-US) ETF 1.8 29 46 7.0 +7.0
ROAM Hartford Multifactor Emerging Markets ETF 1.8 44 31 10.0 +10.0
SCHM Schwab U.S. Mid-Cap ETF 1.8 4 71 4.5 +4.5
MXI iShares Global Materials ETF 1.8 45 30 4.8 +4.8
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 1.7 24 51 6.4 +6.4
GXF Global X FTSE Nordic Region ETF 1.7 56 19 7.0 +7.0
MIDE Xtrackers S&P MidCap 400 ESG ETF 1.7 15 60 5.3 +5.3
EEMA iShares MSCI Emerging Markets Asia ETF 1.7 50 25 6.4 +6.4
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 1.7 16 59 5.7 +5.7
GXC SPDR S&P China ETF 1.7 59 16 6.9 +6.9
FLEH Franklin FTSE Europe Hedged ETF 1.7 9 66 6.0 +6.0
FLIY Franklin FTSE Italy ETF 1.7 9 66 7.5 +7.5
EWI iShares MSCI Italy ETF 1.7 51 24 6.9 +6.9
IEUR iShares Core MSCI Europe ETF 1.7 9 66 6.0 +6.0
CIL VictoryShares International Volatility Weighted Index ETF 1.7 45 30 5.9 +5.9
BBEU JPMorgan BetaBuilders Europe ETF 1.7 9 66 6.1 +6.1
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 1.7 45 30 5.9 +5.9
FLEE Franklin FTSE Europe ETF 1.7 9 66 5.9 +5.9
ENZL iShares MSCI New Zealand Capped ETF 1.7 51 24 2.9 +2.9
SPEU SPDR Portfolio Europe ETF 1.7 9 66 6.0 +6.0
SFYX Sofi Next 500 ETF 1.7 0 75 4.8 +4.8
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.7 63 12 2.0 +2.0
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 1.7 32 43 5.5 +5.5
KESG KraneShares MSCI China ESG Leaders Index ETF 1.7 59 16 8.5 +8.5
IMFL Invesco International Developed Dynamic Multifactor ETF 1.7 34 41 6.9 +6.9
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.7 39 36 3.6 +3.6
FEUZ First Trust Eurozone AlphaDEX ETF 1.7 80 -5 7.4 +7.4
NORW Global X MSCI Norway ETF 1.6 50 25 7.7 +7.7
ENOR iShares MSCI Norway ETF 1.6 53 22 7.7 +7.7
SNSR Global X Internet of Things Thematic ETF 1.6 68 7 3.7 +3.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 1.6 30 45 6.4 +6.4
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 1.6 14 61 5.7 +5.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.6 36 39 6.6 +6.6
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.6 60 15 6.1 +6.1
XITK SPDR FactSet Innovative Technology ETF 1.6 45 30 0.2 +0.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 1.6 32 43 5.4 +5.4
AVEM Avantis Emerging Markets Equity ETF 1.6 33 42 7.7 +7.7
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.6 70 5 5.7 +5.7
RFEU First Trust Riverfront Dynamic Europe ETF 1.6 83 -8 4.8 +4.8
SIMS SPDR S&P Kensho Intelligent Structures ETF 1.6 45 30 3.6 +3.6
OSCV Opus Small Cap Value Plus ETF 1.6 79 -4 3.9 +3.9
IQDG WisdomTree International Quality Dividend Growth Fund 1.6 42 33 5.9 +5.9
JHMT John Hancock Multifactor Technology ETF 1.6 40 35 4.0 +4.0
CHIK Global X MSCI China Information Technology ETF 1.6 66 9 4.4 +4.4
DBEU Xtrackers MSCI Europe Hedged Equity ETF 1.6 46 29 5.6 +5.6
IEV iShares Europe ETF 1.5 59 16 5.6 +5.6
VB Vanguard Small-Cap ETF 1.5 5 70 4.2 +4.2
BKEM BNY Mellon Emerging Markets Equity ETF 1.5 18 57 6.7 +6.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.5 39 36 5.5 +5.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 1.5 25 50 5.7 +5.7
FLAX Franklin FTSE Asia Ex Japan ETF 1.5 19 56 6.4 +6.4
IQSI IQ Candriam ESG International Equity ETF 1.5 15 60 6.0 +6.0
BKF iShares MSCI BRIC ETF 1.5 70 5 6.3 +6.3
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 1.5 80 -5 5.5 +5.5
SCZ iShares MSCI Eafe Small-Cap ETF 1.5 40 35 5.1 +5.1
CN Xtrackers MSCI All China Equity ETF 1.5 50 25 7.0 +7.0
RNDM First Trust Developed International Equity Select ETF 1.5 65 10 5.3 +5.3
VXF Vanguard Extended Market Index Fund 1.5 6 69 2.5 +2.5
JXI iShares Global Utilities ETF 1.5 46 29 5.4 +5.4
BFTR Future Innovators ETF 1.4 80 -5 -1.2 -1.2
JHMD John Hancock Multifactor Developed International ETF 1.4 39 36 6.0 +6.0
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 1.4 24 51 5.5 +5.5
ALFA AlphaClone Alternative Alpha ETF 1.4 65 10 0.8 +0.8
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.4 58 17 5.7 +5.7
XSMO Invesco S&P SmallCap Momentum ETF 1.4 39 36 3.7 +3.7
GMF SPDR S&P Emerging Asia Pacific ETF 1.4 49 26 6.1 +6.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 1.4 66 9 6.0 +6.0
EEM iShares MSCI Emerging Markets ETF 1.4 70 5 6.0 +6.0
NUDM Nuveen ESG International Developed Markets Equity ETF 1.4 40 35 5.6 +5.6
IEMG iShares Core MSCI Emerging Markets ETF 1.4 11 64 6.7 +6.7
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 1.4 17 58 3.9 +3.9
ISCF iShares Edge MSCI Multifactor Intl Small-Cap ETF 1.4 40 35 7.0 +7.0
EZU iShares MSCI Eurozone ETF 1.4 51 24 5.4 +5.4
WWJD Inspire International ESG ETF 1.4 80 -5 5.1 +5.1
KALL KraneShares MSCI All China Index ETF 1.4 49 26 7.3 +7.3
DMXF iShares ESG Advanced MSCI EAFE ETF 1.4 12 63 5.6 +5.6
VGK Vanguard FTSE Europe ETF 1.4 8 67 6.1 +6.1
RESE WisdomTree Emerging Markets ESG Fund 1.3 32 43 6.6 +6.6
IQLT iShares Edge MSCI Intl Quality Factor ETF 1.3 30 45 5.1 +5.1
EXI iShares Global Industrials ETF 1.3 46 29 4.2 +4.2
VIDI Vident International Equity Fund 1.3 59 16 8.7 +8.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.3 11 64 5.3 +5.3
SCHC Schwab International Small-Cap Equity ETF 1.3 11 64 4.9 +4.9
ECOZ TrueMark ESG Active Opportunities ETF 1.3 58 17 3.2 +3.2
JHEM John Hancock Multifactor Emerging Markets ETF 1.3 49 26 6.9 +6.9
IMCG iShares Morningstar Mid-Cap Growth ETF 1.3 6 69 3.1 +3.1
EFAV iShares Edge MSCI Min Vol EAFE ETF 1.3 20 55 4.9 +4.9
ISZE iShares Edge MSCI Intl Size Factor ETF 1.3 30 45 5.8 +5.8
ESGD iShares MSCI EAFE ESG Optimized ETF 1.3 20 55 5.9 +5.9
IDLB Invesco FTSE International Low Beta Equal Weight ETF 1.2 45 30 5.7 +5.7
XT iShares Exponential Technologies ETF 1.2 47 28 4.5 +4.5
SQLV Legg Mason Small-Cap Quality Value 1.2 62 13 4.2 +4.2
AVDE Avantis International Equity ETF 1.2 23 52 6.4 +6.4
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 1.2 7 68 6.2 +6.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.2 20 55 3.9 +3.9
XJR iShares ESG Screened S&P Small-Cap ETF 1.2 12 63 5.1 +5.1
SPDW SPDR Portfolio Developed World ex-US ETF 1.2 4 71 5.8 +5.8
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.2 29 46 4.7 +4.7
PBSM Invesco PureBeta MSCI USA Small Cap ETF 1.2 6 69 4.0 +4.0
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.2 30 45 4.9 +4.9
IXUS ishares Core MSCI Total International Stock ETF 1.2 9 66 6.2 +6.2
VWO Vanguard FTSE Emerging Markets ETF 1.2 10 65 6.9 +6.9
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.2 9 66 3.3 +3.3
RZG Invesco S&P Smallcap 600 Pure Growth ETF 1.2 35 40 4.7 +4.7
BKSE BNY Mellon US Small Cap Core Equity ETF 1.2 4 71 4.5 +4.5
EQAL Invesco Russell 1000 Equal Weight ETF 1.2 20 55 4.7 +4.7
SCHE Schwab Emerging Markets Equity ETF 1.2 11 64 7.0 +7.0
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 1.2 20 55 5.9 +5.9
AFSM First Trust Active Factor Small Cap ETF 1.2 77 -2 4.5 +4.5
EEMS iShares MSCI Emerging Markets Small Cap ETF 1.2 71 4 7.4 +7.4
HFXI IQ 50 Percent Hedged FTSE International ETF 1.2 20 55 6.1 +6.1
SPSM SPDR Portfolio Small Cap ETF 1.2 5 70 5.3 +5.3
SLY SPDR S&P 600 Small Cap ETF 1.2 15 60 5.2 +5.2
ISCB iShares Morningstar Small-Cap ETF 1.2 4 71 3.9 +3.9
SCHF Schwab International Equity ETF 1.1 6 69 6.1 +6.1
VIOO Vanguard S&P Small-Cap 600 ETF 1.1 10 65 5.3 +5.3
ACWX iShares MSCI ACWI ex U.S. ETF 1.1 32 43 6.0 +6.0
IEFA iShares Core MSCI EAFE ETF 1.1 7 68 6.0 +6.0
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 1.1 50 25 3.4 +3.4
JHSC John Hancock Multifactor Small Cap ETF 1.1 42 33 4.5 +4.5
IJR iShares Core S&P Small Cap ETF 1.1 6 69 5.3 +5.3
IDEV iShares Core MSCI International Developed Markets ETF 1.1 5 70 6.0 +6.0
GSID Goldman Sachs MarketBeta International Equity ETF 1.1 20 55 5.9 +5.9
GWX SPDR S&P International Small Cap ETF 1.1 40 35 4.8 +4.8
EWMC Invesco S&P MidCap 400 Equal Weight ETF 1.1 40 35 5.1 +5.1
VSGX Vanguard ESG International Stock ETF 1.1 17 58 6.0 +6.0
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.1 41 34 5.9 +5.9
RNMC Mid Cap US Equity Select ETF 1.1 60 15 5.6 +5.6
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 1.1 35 40 5.7 +5.7
PBEE Invesco PureBeta FTSE Emerging Markets ETF 1.1 16 59 7.0 +7.0
EFA iShares MSCI EAFE ETF 1.1 32 43 5.9 +5.9
IWN iShares Russell 2000 Value ETF 1.1 24 51 4.5 +4.5
VTWV Vanguard Russell 2000 Value Index Fund 1.1 15 60 4.6 +4.6
IWP iShares Russell Mid-Cap Growth ETF 1.1 24 51 2.8 +2.8
IDLV Invesco S&P International Developed Low Volatility ETF 1.0 25 50 5.7 +5.7
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.0 36 39 5.8 +5.8
AIIQ AI Powered International Equity ETF 1.0 79 -4 3.5 +3.5
FEP First Trust Europe AlphaDEX Fund 1.0 80 -5 7.0 +7.0
USMF WisdomTree U.S. Multifactor Fund 1.0 28 47 5.3 +5.3
IWC iShares Micro-Cap ETF 1.0 60 15 -2.4 -2.4
VXUS Vanguard Total International Stock ETF 1.0 8 67 6.3 +6.3
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.0 25 50 5.8 +5.8
JHMM John Hancock Multifactor Mid Cap ETF 1.0 42 33 4.4 +4.4
VEU Vanguard FTSE All-World ex-US Index Fund 1.0 8 67 6.4 +6.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 1.0 75 0 2.3 +2.3
CWI SPDR MSCI ACWI ex-US ETF 1.0 30 45 6.0 +6.0
EYLD Cambria Emerging Shareholder Yield ETF 1.0 69 6 10.9 +10.9
SPEM SPDR Portfolio Emerging Markets ETF 1.0 11 64 6.7 +6.7
FTC First Trust Large Cap Growth AlphaDEX Fund 1.0 60 15 2.7 +2.7
VEA Vanguard FTSE Developed Markets ETF 1.0 5 70 6.1 +6.1
UEVM VictoryShares USAA MSCI Emerging Markets Value Momentum ETF 1.0 45 30 12.1 +12.1
QEFA SPDR MSCI EAFE Quality Mix ETF 1.0 30 45 5.7 +5.7
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.0 39 36 3.5 +3.5
JMOM JPMorgan U.S. Momentum Factor ETF 1.0 12 63 3.4 +3.4
FYX First Trust Small Cap Core AlphaDEX Fund 1.0 63 12 5.3 +5.3
XSVM Invesco S&P SmallCap Value with Momentum ETF 1.0 39 36 5.9 +5.9
ILF iShares Latin America 40 ETF 1.0 48 27 4.7 +4.7
AADR AdvisorShares Dorsey Wright ADR ETF 1.0 110 -35 4.7 +4.7
FTAG First Trust Indxx Global Agriculture ETF 1.0 70 5 4.7 +4.7
EWD iShares MSCI Sweden ETF 0.9 51 24 7.5 +7.5
PGAL Global X FTSE Portugal 20 ETF 0.9 58 17 6.2 +6.2
DWMF WisdomTree International Multifactor Fund 0.9 38 37 5.9 +5.9
EUDV ProShares MSCI Europe Dividend Growers ETF 0.9 56 19 4.8 +4.8
EFAD ProShares MSCI EAFE Dividend Growers ETF 0.9 51 24 4.7 +4.7
SMMD iShares Russell 2500 ETF 0.9 15 60 4.5 +4.5
DFAE Dimensional Emerging Core Equity Market ETF 0.9 35 40 6.9 +6.9
RODE Hartford Multifactor Diversified International ETF 0.9 29 46 9.4 +9.4
IUSS Invesco Strategic US Small Company ETF 0.9 23 52 3.3 +3.3
RESD WisdomTree International ESG Fund 0.9 30 45 5.9 +5.9
FLM First Trust Global Engineering and Construction ETF 0.9 70 5 7.3 +7.3
EIRL iShares MSCI Ireland Capped ETF 0.9 51 24 4.5 +4.5
GVAL Cambria Global Value ETF 0.9 65 10 8.1 +8.1
PIO Invesco Global Water ETF 0.9 75 0 3.6 +3.6
KLDW Gavekal Knowledge Leaders Developed World ETF 0.9 75 0 4.0 +4.0
HEDJ WisdomTree Europe Hedged Equity Fund 0.9 58 17 5.3 +5.3
EIS iShares MSCI Israel ETF 0.9 59 16 6.6 +6.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.9 9 66 5.0 +5.0
VUSE Vident Core US Equity Fund 0.9 48 27 6.3 +6.3
EWP iShares MSCI Spain ETF 0.9 51 24 7.1 +7.1
DBGR Xtrackers MSCI Germany Hedged Equity ETF 0.9 45 30 6.0 +6.0
EWO iShares MSCI Austria ETF 0.9 51 24 7.8 +7.8
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.9 18 57 5.6 +5.6
PRN Invesco DWA Industrials Momentum ETF 0.9 60 15 1.8 +1.8
AFMC First Trust Active Factor Mid Cap ETF 0.9 65 10 5.2 +5.2
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.9 25 50 4.6 +4.6
JPIN JPMorgan Diversified Return International Equity ETF 0.8 37 38 6.8 +6.8
DWX SPDR S&P International Dividend ETF 0.8 45 30 16.7 +16.7
LVHI Legg Mason International Low Volatility High Dividend ETF 0.8 40 35 8.1 +8.1
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 0.8 45 30 8.0 +8.0
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 0.8 30 45 7.4 +7.4
PSCM Invesco S&P SmallCap Materials ETF 0.8 29 46 5.5 +5.5
INFR Legg Mason Global Infrastructure ETF 0.8 40 35 5.0 +5.0
MXDU Nationwide Maximum Diversification US Core Equity ETF 0.8 34 41 4.2 +4.2
EWX SPDR S&P Emerging Markets Small Cap ETF 0.8 65 10 6.4 +6.4
VNSE Natixis Vaughan Nelson Select ETF 0.8 85 -10 2.8 +2.8
JHMI John Hancock Multifactor Industrials ETF 0.8 40 35 4.6 +4.6
FLKR Franklin FTSE South Korea ETF 0.8 9 66 6.7 +6.7
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.8 25 50 6.4 +6.4
EWY iShares MSCI South Korea ETF 0.8 59 16 6.2 +6.2
XCEM Columbia EM Core ex-China ETF 0.8 16 59 5.9 +5.9
AIA iShares Asia 50 ETF 0.8 50 25 5.7 +5.7
MOTO SmartETFs Smart Transportation & Technology ETF 0.8 68 7 5.2 +5.2
FDEM Fidelity Emerging Markets Multifactor ETF 0.8 45 30 8.4 +8.4
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.8 24 51 5.4 +5.4
JSML Janus Henderson Small Cap Growth Alpha ETF 0.8 30 45 5.0 +5.0
MOO VanEck Vectors Agribusiness ETF 0.8 56 19 4.0 +4.0
IMCB iShares Morningstar Mid-Cap ETF 0.8 4 71 4.5 +4.5
PSCT Invesco S&P SmallCap Information Technology ETF 0.8 29 46 4.6 +4.6
FIW First Trust Water ETF 0.8 55 20 3.0 +3.0
PHO Invesco Water Resources ETF 0.8 60 15 2.9 +2.9
REM iShares Mortgage Real Estate ETF 0.8 48 27 12.5 +12.5
MORT VanEck Vectors Mortgage REIT Income ETF 0.8 41 34 12.4 +12.4
EWUS iShares MSCI United Kingdom Small Cap ETF 0.8 59 16 5.0 +5.0
GLRY Inspire Faithward Mid Cap Momentum ESG ETF 0.8 85 -10 5.5 +5.5
FNDC Schwab Fundamental International Small Co. Index ETF 0.8 39 36 5.0 +5.0
XSHQ Invesco S&P SmallCap Quality ETF 0.8 29 46 5.3 +5.3
PSCI Invesco S&P SmallCap Industrials ETF 0.8 29 46 4.7 +4.7
CSD Invesco S&P Spin-Off ETF 0.8 62 13 4.0 +4.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.8 47 28 5.1 +5.1
GII SPDR S&P Global Infrastructure ETF 0.8 40 35 3.9 +3.9
IGF iShares Global Infrastructure ETF 0.8 46 29 3.9 +3.9
JIG JPMorgan International Growth ETF 0.8 55 20 2.5 +2.5
FIDU Fidelity MSCI Industrials Index ETF 0.8 8 67 4.6 +4.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.8 49 26 4.3 +4.3
PEXL Pacer US Export Leaders ETF 0.8 60 15 3.7 +3.7
IZRL ARK Israel Innovative Technology ETF 0.8 49 26 -1.1 -1.1
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.8 4 71 4.6 +4.6
GNR SPDR S&P Global Natural Resources ETF 0.8 40 35 5.5 +5.5
CHIL Global X MSCI China Large-Cap 50 ETF 0.8 29 46 5.9 +5.9
ADRE Invesco BLDRS Emerging Markets 50 ADR Index Fund 0.8 30 45 4.0 +4.0
FEVR Inspire Faithward Large Cap Momentum ESG ETF 0.8 85 -10 3.2 +3.2
XNTK SPDR NYSE Technology ETF 0.8 35 40 3.0 +3.0
SFYF SoFi 50 ETF 0.8 29 46 -1.7 -1.7
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.8 65 10 8.1 +8.1
GLCN VanEck Vectors Ftse China A50 ETF 0.8 60 15 5.8 +5.8
AVUV Avantis U.S. Small Cap Value ETF 0.8 25 50 5.9 +5.9
ESGN Columbia Sustainable International Equity Income ETF 0.8 45 30 8.3 +8.3
SMH VanEck Vectors Semiconductor ETF 0.8 35 40 4.4 +4.4
BKIE BNY Mellon International Equity ETF 0.8 4 71 6.2 +6.2
FNX First Trust Mid Cap Core AlphaDEX Fund 0.8 60 15 4.9 +4.9
VOT Vanguard Mid-Cap Growth Index Fund 0.7 7 68 2.7 +2.7
HSCZ iShares Currency Hedged MSCI EAFE Small-Cap ETF 0.7 43 32 5.2 +5.2
FTXL First Trust Nasdaq Semiconductor ETF 0.7 60 15 4.9 +4.9
SOXX iShares PHLX Semiconductor ETF 0.7 46 29 4.5 +4.5
CACG ClearBridge All Cap Growth ETF 0.7 53 22 3.9 +3.9
THCX The Cannabis ETF 0.7 70 5 -11.3 -11.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.7 39 36 6.5 +6.5
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 0.7 49 26 4.2 +4.2
DGT SPDR Global Dow ETF 0.7 50 25 6.0 +6.0
PDEV Principal International Multi-Factor Core Index ETF 0.7 25 50 6.5 +6.5
ROSC Hartford Multifactor Small Cap ETF 0.7 34 41 6.5 +6.5
CHII Global X MSCI China Industrials ETF 0.7 66 9 9.4 +9.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.7 59 16 9.9 +9.9
FXI iShares China Large-Cap ETF 0.7 74 1 9.2 +9.2
CARZ First Trust NASDAQ Global Auto Index Fund 0.7 70 5 8.9 +8.9
ECON Columbia Emerging Markets Consumer ETF 0.7 59 16 4.4 +4.4
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.7 39 36 5.1 +5.1
RYT Invesco S&P 500 Equal Weight Technology ETF 0.7 40 35 4.7 +4.7
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 0.7 69 6 4.4 +4.4
RFFC RiverFront Dynamic US Flex-Cap ETF 0.7 52 23 4.3 +4.3
RPG Invesco S&P 500 Pure Growth ETF 0.7 35 40 3.1 +3.1
QQQN VictoryShares Nasdaq Next 50 ETF 0.7 18 57 3.1 +3.1
PDP Invesco DWA Momentum ETF 0.7 62 13 2.5 +2.5
PTF Invesco DWA Technology Momentum ETF 0.7 60 15 1.1 +1.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.7 20 55 5.1 +5.1
JEMA JPMorgan Emerging Markets Equity Core ETF 0.7 39 36 8.4 +8.4
VIS Vanguard Industrials Index Fund 0.7 10 65 4.3 +4.3
IYE iShares U.S. Energy ETF 0.7 42 33 3.6 +3.6
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 0.7 70 5 6.1 +6.1
ISEM Invesco RAFI Strategic Emerging Markets ETF 0.7 35 40 8.7 +8.7
QGRO American Century STOXX U.S. Quality Growth ETF 0.7 29 46 4.1 +4.1
HEZU iShares Currency Hedged MSCI Eurozone ETF 0.7 54 21 5.3 +5.3
EFNL iShares MSCI Finland Capped ETF 0.7 53 22 4.7 +4.7
LOWC SPDR MSCI ACWI Low Carbon Target ETF 0.7 20 55 5.2 +5.2
BLES Inspire Global Hope Large Cap ETF 0.7 52 23 4.7 +4.7
ECNS iShares MSCI China Small-Cap ETF 0.7 59 16 12.1 +12.1
MTUM iShares MSCI USA Momentum Factor ETF 0.7 15 60 2.6 +2.6
FDM First Trust Dow Jones Select Microcap Index Fund 0.7 60 15 3.3 +3.3
RFAP First Trust Riverfront Dynamic Asia Pacific ETF 0.7 83 -8 5.2 +5.2
IFRA iShares U.S. Infrastructure ETF 0.7 40 35 3.1 +3.1
IQIN IQ 500 International ETF 0.7 25 50 7.0 +7.0
IPO Renaissance IPO ETF 0.7 60 15 -2.6 -2.6
STMB iShares Factors US Mid Blend Style ETF 0.7 30 45 5.3 +5.3
DLS WisdomTree International SmallCap Dividend Fund 0.7 58 17 7.7 +7.7
SMDY Syntax Stratified MidCap ETF 0.7 30 45 4.8 +4.8
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.7 80 -5 6.9 +6.9
EMXC iShares MSCI Emerging Markets ex China ETF 0.7 25 50 6.1 +6.1
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Eq 0.6 48 27 7.8 +7.8
DOL WisdomTree International LargeCap Dividend Fund 0.6 48 27 6.7 +6.7
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.6 29 46 5.0 +5.0
VAMO Cambria Value & Momentum ETF 0.6 63 12 4.6 +4.6
XOP SPDR S&P Oil & Gas Exploration & Production ETF 0.6 35 40 2.3 +2.3
PSCE Invesco S&P SmallCap Energy ETF 0.6 29 46 0.6 +0.6
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.6 58 17 4.9 +4.9
ISDX Invesco RAFI Strategic Developed ex-US ETF 0.6 23 52 6.0 +6.0
SPHB Invesco S&P 500 High Beta ETF 0.6 25 50 4.7 +4.7
FSMD Fidelity Small-Mid Factor ETF 0.6 29 46 5.6 +5.6
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 0.6 40 35 4.9 +4.9
ALTL Pacer Lunt Large Cap Alternator ETF 0.6 60 15 4.5 +4.5
STSB iShares Factors US Small Blend Style ETF 0.6 35 40 3.4 +3.4
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.6 45 30 6.5 +6.5
IGRO iShares International Dividend Growth ETF 0.6 15 60 6.6 +6.6
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.6 15 60 6.0 +6.0
SLYV SPDR S&P 600 Small Cap Value ETF 0.6 15 60 5.9 +5.9
IJS iShares S&P Small-cap 600 Value ETF 0.6 18 57 5.8 +5.8
VIGI Vanguard International Dividend Appreciation ETF 0.6 20 55 4.8 +4.8
FDT First Trust Developed Markets ex-US Alphadex Fund 0.6 80 -5 7.5 +7.5
VT Vanguard Total World Stock ETF 0.6 8 67 5.2 +5.2
DWM WisdomTree International Equity Fund 0.6 48 27 6.7 +6.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.6 49 26 7.0 +7.0
IWR iShares Russell Midcap ETF 0.6 19 56 4.4 +4.4
PWC Invesco Dynamic Market ETF 0.6 58 17 4.1 +4.1
HAWX iShares Currency Hedged MSCI ACWI ex U.S. ETF 0.6 35 40 6.1 +6.1
VPL Vanguard FTSE Pacific ETF 0.6 8 67 6.2 +6.2
DIM WisdomTree International MidCap Dividend Fund 0.6 58 17 6.5 +6.5
FTEC Fidelity MSCI Information Technology Index ETF 0.6 8 67 4.0 +4.0
VGT Vanguard Information Technology Index Fund 0.6 10 65 3.9 +3.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.6 45 30 6.8 +6.8
BUZZ VanEck Vectors Social Sentiment ETF 0.6 75 0 3.1 +3.1
NULG Nuveen ESG Large-Cap Growth ETF 0.6 35 40 3.1 +3.1
EZM WisdomTree U.S. MidCap Earnings Fund 0.6 38 37 6.9 +6.9
FXL First Trust Technology AlphaDEX Fund 0.6 61 14 4.3 +4.3
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.5 21 54 3.1 +3.1
ACWI iShares MSCI ACWI ETF 0.5 32 43 4.9 +4.9
TUSA First Trust Total US Market AlphaDEX ETF 0.5 70 5 5.5 +5.5
CBTG Cabot Growth ETF 0.5 75 0 0.0 0.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.5 40 35 6.8 +6.8
IDHQ Invesco S&P International Developed Quality ETF 0.5 29 46 4.9 +4.9
HEFA iShares Currency Hedged MSCI EAFE ETF 0.5 35 40 5.8 +5.8
DEFA iShares Adaptive Currency Hedged MSCI EAFE ETF 0.5 35 40 5.8 +5.8
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 0.5 30 45 6.0 +6.0
JMIN JPMorgan U.S. Minimum Volatility ETF 0.5 12 63 5.2 +5.2
PAVE Global X U.S. Infrastructure Development ETF 0.5 47 28 3.9 +3.9
SPAK Defiance Next Gen SPAC Derived ETF 0.5 45 30 -1.8 -1.8
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 0.5 20 55 6.6 +6.6
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.5 65 10 4.2 +4.2
TTAC TrimTabs US Free Cash Flow Quality ETF 0.5 59 16 4.5 +4.5
IYW iShares U.S. Technology ETF 0.5 43 32 3.5 +3.5
ONEO SPDR Russell 1000 Momentum Focus ETF 0.5 20 55 5.3 +5.3
SIZE iShares MSCI USA Size Factor ETF 0.5 15 60 4.8 +4.8
SHLD Victoryshares Protect America ETF 0.5 60 15 6.4 +6.4
FNDF Schwab Fundamental International Large Co. Index ETF 0.5 25 50 7.3 +7.3
CEZ VictoryShares Emerging Market Volatility Wtd ETF 0.5 50 25 12.0 +12.0
ROUS Hartford Multifactor US Equity ETF 0.5 19 56 5.3 +5.3
TPLC Timothy Plan US Large Cap Core ETF 0.5 52 23 4.3 +4.3
STLV iShares Factors US Value Style ETF 0.5 25 50 6.5 +6.5
IGM iShares Expanded Tech Sector ETF 0.5 46 29 3.4 +3.4
VPU Vanguard Utilities Index Fund 0.5 10 65 5.5 +5.5
FUTY Fidelity MSCI Utilities Index ETF 0.5 8 67 5.5 +5.5
FYT First Trust Small Cap Value AlphaDEX Fund 0.5 72 3 7.3 +7.3
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.5 42 33 4.6 +4.6
IPOS Renaissance International IPO ETF 0.5 80 -5 1.6 +1.6
PIE Invesco DWA Emerging Markets Momentum ETF 0.4 90 -15 4.2 +4.2
PQIN PGIM QMA Strategic Alpha International Equity ETF 0.4 29 46 6.7 +6.7
TOK iShares MSCI Kokusai ETF 0.4 25 50 4.7 +4.7
BFOR Barron's 400 ETF 0.4 65 10 5.5 +5.5
KOKU Xtrackers MSCI Kokusai Equity ETF 0.4 9 66 4.9 +4.9
AVUS Avantis U.S. Equity ETF 0.4 15 60 4.8 +4.8
SCJ iShares MSCI Japan Small-Cap ETF 0.4 51 24 5.5 +5.5
FEX First Trust Large Cap Core AlphaDEX Fund 0.4 59 16 5.1 +5.1
FLTW Franklin FTSE Taiwan ETF 0.4 19 56 5.5 +5.5
IQDE FlexShares International Quality Dividend Defensive Index ET 0.4 47 28 7.7 +7.7
AVDV Avantis International Small Cap Value ETF 0.4 36 39 6.4 +6.4
FPX First Trust US IPO Index Fund 0.4 58 17 1.2 +1.2
IXN iShares Global Tech ETF 0.4 46 29 3.7 +3.7
URTH iShares MSCI World ETF 0.4 24 51 4.8 +4.8
VO Vanguard Mid-Cap Index Fund 0.4 4 71 4.3 +4.3
EPP iShares MSCI Pacific ex-Japan ETF 0.4 48 27 5.2 +5.2
DWAS Invesco DWA SmallCap Momentum ETF 0.4 60 15 -0.6 -0.6
RWK Invesco S&P MidCap 400 Revenue ETF 0.4 39 36 5.9 +5.9
EUSA iShares MSCI USA Equal Weighted ETF 0.4 15 60 4.9 +4.9
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 0.4 61 14 4.3 +4.3
VFQY Vanguard U.S. Quality Factor ETF 0.4 13 62 4.9 +4.9
VBR Vanguard Small Cap Value Index Fund 0.4 7 68 5.7 +5.7
BBAX JPMorgan BetaBuilders Developed Asia ex-Japan ETF 0.4 19 56 5.6 +5.6
RESP WisdomTree US ESG Fund of Benef Interest 0.4 28 47 5.1 +5.1
VFVA Vanguard U.S. Value Factor ETF 0.4 14 61 7.7 +7.7
SSLY Syntax Stratified SmallCap ETF 0.4 30 45 4.6 +4.6
DFJ WisdomTree Japan SmallCap Dividend Fund 0.4 58 17 7.7 +7.7
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 0.4 20 55 8.0 +8.0
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.4 12 63 4.3 +4.3
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.4 58 17 7.7 +7.7
TPSC Timothy Plan US Small Cap Core ETF 0.4 52 23 5.5 +5.5
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.3 65 10 1.5 +1.5
AFK VanEck Vectors Africa Index ETF 0.3 79 -4 7.6 +7.6
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 0.3 35 40 5.9 +5.9
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 0.3 35 40 5.8 +5.8
IUSG iShares Core S&P US Growth ETF 0.3 4 71 3.8 +3.8
IWS iShares Russell Mid-Cap Value ETF 0.3 24 51 5.2 +5.2
SVAL iShares US Small Cap Value Factor ETF 0.3 20 55 7.0 +7.0
IQDF FlexShares International Quality Dividend Index Fund 0.3 47 28 7.8 +7.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 30 45 4.9 +4.9
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 0.3 35 40 5.0 +5.0
CFA VictoryShares US 500 Volatility Weighted Index ETF 0.3 35 40 5.0 +5.0
SPMO Invesco S&P 500 Momentum ETF 0.3 13 62 3.4 +3.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 72 4.3 +4.3
SCHB Schwab U.S. Broad Market ETF 0.3 3 72 4.4 +4.4
ILCG iShares Morningstar Growth ETF 0.3 4 71 3.1 +3.1
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -14 5.0 +5.0
ESGV Vanguard ESG U.S. Stock ETF 0.3 12 63 4.4 +4.4
STLC iShares Factors US Blend Style ETF 0.3 25 50 5.3 +5.3
DFAU Dimensional US Core Equity Market ETF 0.3 12 63 4.6 +4.6
VYMI Vanguard International High Dividend Yield ETF 0.3 27 48 8.6 +8.6
VFMF Vanguard U.S. Multifactor ETF 0.3 19 56 6.1 +6.1
VTI Vanguard Total Stock Market Index Fund 0.3 3 72 4.3 +4.3
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.3 25 50 4.7 +4.7
SHE SPDR SSGA Gender Diversity Index ETF 0.3 20 55 3.9 +3.9
VTHR Vanguard Russell 3000 Index Fund 0.3 10 65 4.3 +4.3
IMCV iShares Morningstar Mid-Cap Value ETF 0.3 6 69 5.8 +5.8
IWV iShares Russell 3000 ETF 0.3 20 55 4.3 +4.3
RNSC Small Cap US Equity Select ETF 0.3 60 15 5.3 +5.3
FDEV Fidelity Targeted International Factor ETF 0.3 39 36 5.6 +5.6
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 0.3 60 15 3.9 +3.9
FENY Fidelity MSCI Energy Index ETF 0.3 8 67 3.6 +3.6
VDE Vanguard Energy Index Fund 0.3 10 65 3.6 +3.6
SCHK Schwab 1000 Index ETF 0.2 5 70 4.5 +4.5
EES WisdomTree SmallCap Earnings Fund 0.2 38 37 7.0 +7.0
IETC iShares Evolved U.S. Technology ETF 0.2 18 57 3.5 +3.5
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 0.2 35 40 4.6 +4.6
SCHG Schwab U.S. Large-Cap Growth ETF 0.2 4 71 3.2 +3.2
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 0.2 20 55 9.0 +9.0
VAW Vanguard Materials Index Fund 0.2 10 65 4.8 +4.8
QWLD SPDR MSCI World StrategicFactors ETF 0.2 30 45 5.2 +5.2
VEGN US Vegan Climate ETF 0.2 60 15 3.8 +3.8
EFV iShares MSCI EAFE Value ETF 0.2 39 36 7.8 +7.8
FMAT Fidelity MSCI Materials Index ETF 0.2 8 67 4.8 +4.8
EMMF WisdomTree Emerging Markets Multifactor Fund 0.2 48 27 9.5 +9.5
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.2 30 45 5.4 +5.4
ISMD Inspire Small/Mid Cap Impact ETF 0.2 60 15 4.5 +4.5
DTH WisdomTree International High Dividend Fund 0.2 58 17 8.0 +8.0
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.2 32 43 7.8 +7.8
AIEQ AI Powered Equity ETF 0.2 80 -5 2.0 +2.0
SPTM SPDR Portfolio Total Stock Market ETF 0.2 3 72 4.7 +4.7
JHML John Hancock Multifactor Large Cap ETF 0.2 29 46 4.6 +4.6
IYJ iShares U.S. Industrials ETF 0.2 42 33 4.5 +4.5
OBOR KraneShares MSCI One Belt One Road Index ETF 0.2 79 -4 7.3 +7.3
IEIH iShares Evolved U.S. Innovative Healthcare ETF 0.2 18 57 4.2 +4.2
XLK Technology Select Sector SPDR Fund 0.2 12 63 4.2 +4.2
VONG Vanguard Russell 1000 Growth Index Fund 0.2 8 67 3.7 +3.7
IWF iShares Russell 1000 Growth ETF 0.2 19 56 3.6 +3.6
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 63 4.9 +4.9
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 72 4.5 +4.5
DXGE WisdomTree Germany Hedged Equity Fund 0.2 48 27 7.2 +7.2
FEM First Trust Emerging Markets AlphaDEX Fund 0.2 80 -5 11.2 +11.2
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.2 30 45 8.0 +8.0
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 0.2 38 37 6.3 +6.3
ISCV iShares Morningstar Small Cap Value ETF 0.2 6 69 5.7 +5.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 66 4.8 +4.8
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 0.2 29 46 0.8 +0.8
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.2 80 -5 4.6 +4.6
IYY iShares Dow Jones U.S. ETF 0.2 20 55 4.4 +4.4
RVRS Reverse Cap Weighted U.S. Large Cap ETF 0.2 29 46 5.0 +5.0
CSML IQ Chaikin U.S. Small Cap ETF 0.2 35 40 2.2 +2.2
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 55 5.0 +5.0
FTLB First Trust Hedged BuyWrite Income ETF 0.2 85 -10 5.0 +5.0
VONE Vanguard Russell 1000 ETF 0.2 8 67 4.5 +4.5
IWB iShares Russell 1000 ETF 0.2 15 60 4.4 +4.4
FTHI First Trust High Income ETF 0.2 85 -10 5.0 +5.0
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.2 25 50 6.5 +6.5
PXH Invesco FTSE RAFI Emerging Markets ETF 0.1 50 25 11.4 +11.4
SCHX Schwab U.S. Large-Cap ETF 0.1 3 72 4.5 +4.5
PSC Principal U.S. Small Cap Index ETF 0.1 38 37 4.3 +4.3
PBUS Invesco PureBeta MSCI USA ETF 0.1 4 71 4.6 +4.6
PRNT The 3D Printing ETF 0.1 66 9 0.5 +0.5
USXF iShares ESG Advanced MSCI USA ETF 0.1 10 65 4.4 +4.4
ACWF iShares MSCI Global Multifactor ETF 0.1 35 40 6.6 +6.6
MDY SPDR S&P Midcap 400 ETF Trust 0.1 23 52 5.0 +5.0
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 56 4.9 +4.9
STLG iShares Factors US Growth Style ETF 0.1 25 50 4.6 +4.6
VUG Vanguard Growth Index Fund 0.1 4 71 3.5 +3.5
IPAC iShares Core MSCI Pacific ETF 0.1 9 66 6.1 +6.1
VONV Vanguard Russell 1000 Value Index Fund 0.1 8 67 5.7 +5.7
IWD iShares Russell 1000 Value ETF 0.1 19 56 5.6 +5.6
DON WisdomTree U.S. MidCap Dividend Fund 0.1 38 37 6.1 +6.1
PQSV PGIM QMA Strategic Alpha Small-Cap Value ETF 0.1 29 46 5.8 +5.8
ESGU iShares MSCI USA ESG Optimized ETF 0.1 15 60 4.4 +4.4
GRES IQ Global Resources ETF 0.1 78 -3 6.6 +6.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.1 39 36 11.3 +11.3
VWID Virtus WMC International Dividend ETF 0.1 49 26 7.1 +7.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 66 4.8 +4.8
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.1 15 60 4.6 +4.6
VOOG Vanguard S&P 500 Growth ETF 0.1 10 65 3.8 +3.8
IVW iShares S&P 500 Growth ETF 0.1 18 57 3.7 +3.7
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.1 49 26 3.6 +3.6
SPYG SPDR Portfolio S&P 500 Growth ETF 0.1 4 71 3.8 +3.8
ESG FlexShares STOXX US ESG Impact Index Fund 0.1 32 43 4.5 +4.5
DES WisdomTree U.S. SmallCap Dividend Fund 0.1 38 37 5.9 +5.9
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 70 5 7.0 +7.0
HLAL Wahed FTSE USA Shariah ETF 0.1 50 25 4.0 +4.0
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.1 17 58 5.3 +5.3
EPS WisdomTree U.S. Earnings 500 Fund 0.1 8 67 5.7 +5.7
XOUT GraniteShares XOUT U.S. Large Cap ETF 0.1 60 15 3.8 +3.8
VFH Vanguard Financials Index Fund 0.1 10 65 6.8 +6.8
FLJP Franklin FTSE Japan ETF 0.1 9 66 6.4 +6.4
FNCL Fidelity MSCI Financials Index ETF 0.1 8 67 6.8 +6.8
EWC iShares MSCI Canada ETF 0.1 51 24 5.9 +5.9
VLU SPDR S&P 1500 Value Tilt ETF 0.1 12 63 5.9 +5.9
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.1 25 50 5.3 +5.3
VV Vanguard Large-Cap Index Fund 0.1 4 71 4.5 +4.5
VOE Vanguard Mid-Cap Value Index Fund 0.1 7 68 5.9 +5.9
FLJH Franklin FTSE Japan Hedged ETF 0.1 9 66 6.5 +6.5
DXJ WisdomTree Japan Hedged Equity Fund 0.1 48 27 7.2 +7.2
FLFR Franklin FTSE France ETF 0.1 9 66 5.3 +5.3
DEW WisdomTree Global High Dividend Fund 0.1 58 17 8.0 +8.0
ILCV iShares Morningstar Value ETF 0.1 4 71 5.8 +5.8
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 27 48 4.2 +4.2
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 27 48 4.2 +4.2
SCHV Schwab U.S. Large-Cap Value ETF 0.1 4 71 5.7 +5.7
VFLQ Vanguard U.S. Liquidity Factor ETF 0.1 14 61 3.2 +3.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 55 4.5 +4.5
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 27 48 4.5 +4.5
PBP Invesco S&P 500 BuyWrite ETF 0.1 49 26 4.2 +4.2
IVV iShares Core S&P 500 ETF 0.1 3 72 4.7 +4.7
VOO VANGUARD S&P 500 ETF 0.1 3 72 4.6 +4.6
SPLG SPDR Portfolio Large Cap ETF 0.1 3 72 4.6 +4.6
SPY SPDR S&P 500 ETF Trust 0.1 9 66 4.6 +4.6
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 0.1 20 55 0.0 0.0
SUSA iShares MSCI USA ESG Select ETF 0.0 25 50 4.2 +4.2
AFLG First Trust Active Factor Large Cap ETF 0.0 55 20 4.5 +4.5
CATH Global X S&P 500 Catholic Values Custom ETF 0.0 29 46 4.3 +4.3
XYLG Global X S&P 500 Covered Call & Growth ETF 0.0 60 15 4.2 +4.2
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 60 5.1 +5.1
HKND Humankind US Stock ETF 0.0 209 -134 3.5 +3.5
HEWC iShares Currency Hedged MSCI Canada ETF 0.0 54 21 5.8 +5.8
DSI iShares MSCI KLD 400 Social ETF 0.0 25 50 4.4 +4.4
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 36 5.5 +5.5
RECS Columbia Research Enhanced Core ETF 0.0 15 60 5.1 +5.1
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.0 28 47 5.8 +5.8
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 55 4.5 +4.5
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.0 63 12 10.3 +10.3
VTV Vanguard Value Index Fund 0.0 4 71 6.1 +6.1
HLGE Hartford Longevity Economy ETF 0.0 44 31 5.8 +5.8
GSPY Gotham Enhanced 500 ETF 0.0 50 25 4.5 +4.5
RWL Invesco S&P 500 Revenue ETF 0.0 39 36 5.6 +5.6

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Invesco Global Clean Energy 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 2.5 %
Divided by: Fwd. P/BV 3.3 x
Less: Expense ratio 75 bp
Equals: ALTAR Score 0.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.56 CATEGORY
AVERAGE		 1.47
 
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.