Invesco S&P SmallCap Information Technology ETF
ALTAR
Score™		 5.5% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 23.0x P/Sales
ratio		 1.6x
P/BV
ratio		 2.4x Div.
yield		 0.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Invesco S&P Small Cap Information Technology is based on the S&P SmallCap 600 Capped Technology Index. The Index is a subset of the S&P SmallCap 600 Index, which is a float-adjusted, market-capitalization-weighted index reflecting the U.S. small-cap market.

FUND BASICS
Category US Equities
Fund Sponsor Invesco
Website www.invescopowershares.com
Inception date Apr 07, 2010
Assets (mns) $319
Currency USD
Expense ratio 29 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 64
Wgt avg mkt cap (mns) $3,843
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 75.4%
Small cap (<$2bn) 24.6%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
FABRINET 5.6 %
SPS COMMERCE INC 4.8 %
BADGER METER INC 4.2 %
INSIGHT ENTERPRISES INC 3.9 %
ACI WORLDWIDE INC 3.5 %
BOX, INC. CLASS A 3.3 %
ITRON INC 3.2 %
MARATHON DIGITAL HOLDINGS INC 3.0 %
DXC TECHNOLOGY CO. 2.6 %
SANMINA CORP 2.5 %
Total 36.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.0 %
CAYMAN ISLANDS 5.6 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-0.6% -0.1% -10.4% 0.4% 4.6%

Market Correlations
versus... Beta R-squared
S&P500 0.96 14%
MSCI EAFE 0.77 9%
MSCI Emg. Mkts. 0.28 1%

Technical Indicators
Recent close $46.18
30d moving avg. $46.21
Annualized volatility 46.0%
Short interest (ETF) 2.3%
Short interest (Underlying) 5.7%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 16
Turnover 0.2%
Bid/Ask (% of price) 0.25%
ADV underlying (mns) $1,826

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 380 potential alternatives to the Invesco S&P SmallCap Information Technology ETF ETF based on the alternatives' overlap in portfolio holdings with PSCT. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: PSCT Expense: 29 bp ALTAR Score™: 5.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH PSCT
Ticker Fund
Name		 Overlap1
vs PSCT
(%)		 Expense
ratio
(bp)		 Savings
vs PSCT
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs PSCT
(%)
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 20.2 59 -30 6.7 +1.2
SSLY Syntax Stratified SmallCap ETF 15.6 40 -11 7.3 +1.8
IJT iShares S&P Small-Cap 600 Growth ETF 15.1 18 11 6.4 +0.9
SLYG SPDR S&P 600 Small Cap Growth ETF 14.5 15 14 6.4 +0.9
VIOG Vanguard S&P Small-Cap 600 Growth ETF 14.4 15 14 6.4 +0.9
XSMO Invesco S&P SmallCap Momentum ETF 14.4 39 -10 7.6 +2.1
XJR iShares ESG Screened S&P Small-Cap ETF 13.5 12 17 7.2 +1.7
XSW SPDR S&P Software & Services ETF 13.3 35 -6 2.0 -3.5
ESIX SPDR S&P SmallCap 600 ESG ETF 12.5 12 17 7.7 +2.2
IJR iShares Core S&P Small Cap ETF 12.0 6 23 7.4 +1.9
SPSM SPDR Portfolio S&P 600 Small Cap ETF 11.6 3 26 7.5 +2.0
VIOO Vanguard S&P Small-Cap 600 ETF 11.6 10 19 7.4 +1.9
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 11.4 15 14 7.7 +2.2
CALF Pacer US Small Cap Cash Cows 100 ETF 11.0 59 -30 11.9 +6.4
GRPZ Invesco S&P SmallCap 600 GARP ETF 10.5 35 -6 10.5 +5.0
JSML Janus Henderson Small Cap Growth Alpha ETF 9.4 30 -1 7.0 +1.5
XITK SPDR FactSet Innovative Technology ETF 9.4 45 -16 2.7 -2.9
IJS iShares S&P Small-Cap 600 Value ETF 9.1 18 11 8.4 +2.9
CLOU Global X Cloud Computing ETF 9.1 68 -39 2.1 -3.4
SIXG Defiance Connective Technologies ETF 9.1 30 -1 6.3 +0.8
SNSR Global X Internet of Things ETF 8.9 68 -39 4.6 -0.9
SLYV SPDR S&P 600 Small Cap Value ETF 8.8 15 14 8.4 +2.9
VIOV Vanguard S&P Small-Cap 600 Value ETF 8.8 15 14 8.4 +2.9
FIVG Defiance Next Gen Connectivity ETF 8.8 30 -1 6.2 +0.7
IWO iShares Russell 2000 Growth ETF 8.4 24 5 0.7 -4.9
VTWG Vanguard Russell 2000 Growth ETF 8.4 15 14 0.7 -4.8
SIMS SPDR S&P Kensho Intelligent Structures ETF 8.4 45 -16 -7.3 -12.8
RZG Invesco S&P Smallcap 600 Pure Growth ETF 8.3 35 -6 6.6 +1.1
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 8.2 30 -1 5.7 +0.2
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 7.8 29 0 6.8 +1.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 7.7 39 -10 8.5 +3.0
SMCP AlphaMark Actively Managed Small Cap ETF 7.7 90 -61 4.3 -1.2
PTF Invesco Dorsey Wright Technology Momentum ETF 7.6 60 -31 1.9 -3.6
XSD SPDR S&P Semiconductor ETF 7.5 35 -6 4.9 -0.6
QQQS Invesco NASDAQ Future Gen 200 ETF 7.5 20 9 -9.0 -14.5
PSI Invesco Semiconductors ETF 7.4 57 -28 4.8 -0.7
FESM Fidelity Enhanced Small Cap ETF 7.4 28 1 1.8 -3.7
FLQS Franklin U.S. Small Cap Multifactor Index ETF 7.4 35 -6 6.9 +1.4
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 7.4 35 -6 4.7 -0.9
XTL SPDR S&P Telecom ETF 7.3 35 -6 5.1 -0.4
SQLV Royce Quant Small-Cap Quality Value ETF 6.9 60 -31 7.5 +2.0
RZV Invesco S&P Smallcap 600 Pure Value ETF 6.7 35 -6 9.7 +4.2
PSC Principal U.S. Small-Cap ETF 6.7 38 -9 6.2 +0.7
AFSM First Trust Active Factor Small Cap ETF 6.6 75 -46 6.6 +1.1
FYC First Trust Small Cap Growth AlphaDEX Fund 6.5 71 -42 0.4 -5.1
SRHQ SRH U.S. Quality ETF 6.4 35 -6 7.7 +2.2
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 6.3 39 -10 6.2 +0.7
ROSC Hartford Multifactor Small Cap ETF 6.2 34 -5 8.9 +3.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 6.1 9 20 3.5 -2.0
DSMC Distillate Small/Mid Cash Flow ETF 6.1 55 -26 11.9 +6.4
ISMD Inspire Small/Mid Cap ETF 6.0 54 -25 5.4 -0.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 5.8 20 9 4.8 -0.8
TPSC Timothy Plan US Small Cap Core ETF 5.8 52 -23 6.9 +1.4
NUSC Nuveen ESG Small-Cap ETF 5.7 31 -2 5.2 -0.3
WFH Direxion Work From Home ETF 5.7 45 -16 6.4 +0.9
FITE SPDR S&P Kensho Future Security ETF 5.6 45 -16 2.4 -3.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 5.6 35 -6 6.5 +1.0
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 5.6 42 -13 6.5 +1.0
TINY ProShares Nanotechnology ETF 5.5 58 -29 1.7 -3.8
IWM iShares Russell 2000 ETF 5.5 19 10 3.0 -2.6
RSSL Global X Russell 2000 ETF 5.5 8 21 2.8 -2.7
VTWO Vanguard Russell 2000 ETF 5.5 10 19 3.1 -2.4
NVIR Horizon Kinetics Energy and Remediation ETF 5.3 85 -56 1.9 -3.6
ACTV LeaderShares Activist Leaders ETF 5.3 75 -46 6.5 +1.0
BKSE BNY Mellon US Small Cap Core Equity ETF 5.3 4 25 5.0 -0.5
EES WisdomTree U.S. SmallCap Fund 5.2 38 -9 9.4 +3.9
VAMO Cambria Value & Momentum ETF 5.2 61 -32 9.3 +3.8
XSHQ Invesco S&P SmallCap Quality ETF 5.2 29 0 8.9 +3.4
VFMV Vanguard U.S. Minimum Volatility ETF 5.2 13 16 5.0 -0.5
WCLD WisdomTree Cloud Computing Fund 5.1 45 -16 1.8 -3.7
RNSC Furst Trust Small Cap US Equity Select ETF 4.9 60 -31 7.1 +1.6
CSMD Congress SMid Growth ETF 4.8 69 -40 4.2 -1.3
TMFS Motley Fool Small-Cap Growth ETF 4.8 85 -56 3.0 -2.5
SIXS ETC 6 Meridian Small Cap Equity ETF 4.8 89 -60 8.6 +3.1
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 4.7 58 -29 -1.4 -6.9
ISCG iShares Morningstar Small-Cap Growth ETF 4.6 6 23 2.4 -3.1
AVSC Avantis U.S Small Cap Equity ETF 4.6 25 4 4.9 -0.6
STXK Strive Small-Cap ETF 4.6 18 11 4.9 -0.6
FIW First Trust Water ETF 4.5 53 -24 4.5 -1.1
XSLV Invesco S&P SmallCap Low Volatility ETF 4.5 25 4 6.9 +1.4
DFAS Dimensional U.S. Small Cap ETF 4.5 26 3 5.8 +0.3
USVM VictoryShares US Small Mid Cap Value Momentum ETF 4.5 25 4 7.6 +2.1
KOMP SPDR S&P Kensho New Economies Composite ETF 4.5 20 9 1.1 -4.4
FYX First Trust Small Cap Core AlphaDEX Fund 4.4 61 -32 5.8 +0.3
ETHO Etho Climate Leadership U.S. ETF 4.2 47 -18 3.5 -2.0
AHOY Newday Ocean Health ETF 4.2 75 -46 5.7 +0.2
PBW Invesco WilderHill Clean Energy ETF 4.1 66 -37 -12.9 -18.4
PHO Invesco Water Resources ETF 4.0 60 -31 4.2 -1.3
IHAK iShares Cybersecurity & Tech ETF 3.9 47 -18 3.2 -2.3
ESML iShares ESG Aware MSCI USA Small-Cap ETF 3.9 17 12 5.1 -0.4
SCHA Schwab U.S. Small-Cap ETF 3.8 4 25 4.3 -1.2
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 3.7 39 -10 4.3 -1.2
FSMO Fidelity Small-Mid Cap Opportunities ETF 3.7 60 -31 6.3 +0.8
SURE AdvisorShares Insiders Advantage ETF 3.7 90 -61 10.1 +4.6
AVUV Avantis U.S. Small Cap Value ETF 3.6 25 4 9.4 +3.9
XSVM Invesco S&P SmallCap Value with Momentum ETF 3.5 36 -7 11.7 +6.2
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 3.5 95 -66 1.6 -3.9
FNDA Schwab Fundamental US Small Co. Index ETF 3.5 25 4 6.3 +0.8
FINX Global X FinTech ETF 3.4 68 -39 3.2 -2.3
BDFIX Baron Discovery 3.4 75 -46 0.2 -5.3
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 3.4 79 -50 4.7 -0.8
VBK Vanguard Small-Cap Growth ETF 3.4 7 22 1.4 -4.1
BSVO EA Bridgeway Omni Small-Cap Value ETF 3.4 47 -18 9.0 +3.5
ISCB iShares Morningstar Small-Cap ETF 3.3 4 25 5.0 -0.5
AQWA Global X Clean Water ETF 3.2 50 -21 4.1 -1.4
IBLC iShares Blockchain and Tech ETF 3.2 47 -18 -1.0 -6.5
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 3.2 55 -26 3.1 -2.4
ACES ALPS Clean Energy ETF 3.2 55 -26 -3.4 -8.9
FTEC Fidelity MSCI Information Technology Index ETF 3.2 8 21 4.8 -0.7
FDRV Fidelity Electric Vehicles and Future Transportation ETF 3.1 39 -10 -1.7 -7.2
IWTR iShares MSCI Water Management Multisector ETF 3.1 47 -18 5.0 -0.5
JMEE JPMorgan Market Expansion Enhanced Equity ETF 3.1 24 5 7.3 +1.8
DFAT Dimensional U.S. Targeted Value ETF 3.1 28 1 8.4 +2.9
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 3.0 75 -46 5.3 -0.2
COWS Amplify Cash Flow Dividend Leaders ETF 3.0 0 29 11.4 +5.9
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 3.0 60 -31 1.6 -3.9
FSMD Fidelity Small-Mid Multifactor ETF 3.0 15 14 7.1 +1.6
VGT Vanguard Information Technology ETF 3.0 10 19 4.8 -0.8
BITQ Bitwise Crypto Industry Innovators ETF 3.0 85 -56 -2.4 -7.9
FDIG Fidelity Crypto Industry and Digital Payments ETF 3.0 39 -10 -2.0 -7.5
BWEB Bitwise Web3 ETF 3.0 85 -56 1.1 -4.4
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 3.0 85 -56 -4.9 -10.4
DAPP VanEck Digital Transformation ETF 3.0 50 -21 -4.0 -9.5
BKCH Global X Blockchain ETF 3.0 50 -21 -3.9 -9.4
SATO Invesco Alerian Galaxy Crypto Economy ETF 3.0 61 -32 -2.7 -8.2
STCE Schwab Crypto Thematic ETF 3.0 30 -1 -1.0 -6.5
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 3.0 68 -39 2.4 -3.1
GFOF Grayscale Future of Finance ETF 3.0 70 -41 0.4 -5.1
WGMI Valkyrie Bitcoin Miners ETF 3.0 75 -46 -8.6 -14.1
TDV ProShares S&P Technology Dividend Aristocrats ETF 3.0 45 -16 5.5 0.0
SKYY First Trust Cloud Computing ETF 2.8 60 -31 3.3 -2.2
AFMC First Trust Active Factor Mid Cap ETF 2.8 65 -36 7.1 +1.6
DAT ProShares Big Data Refiners ETF 2.8 58 -29 2.4 -3.1
VERS ProShares Metaverse ETF 2.7 58 -29 -16.3 -21.8
DFSV Dimensional US Small Cap Value ETF 2.7 31 -2 8.9 +3.4
PTEC Global X PropTech ETF 2.7 50 -21 1.7 -3.9
CGW Invesco S&P Global Water Index ETF 2.6 57 -28 3.7 -1.8
BUZZ VanEck Social Sentiment ETF 2.6 75 -46 0.2 -5.3
IWN iShares Russell 2000 Value ETF 2.6 24 5 5.0 -0.5
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 2.6 20 9 4.2 -1.3
SMLF iShares U.S. SmallCap Equity Factor ETF 2.6 15 14 5.2 -0.3
VTWV Vanguard Russell 2000 Value ETF 2.6 15 14 5.1 -0.4
FCLD Fidelity Cloud Computing ETF 2.6 39 -10 3.5 -2.0
GSFP Goldman Sachs Future Planet Equity ETF 2.6 75 -46 4.3 -1.2
SIXL ETC 6 Meridian Low Beta Equity ETF 2.5 80 -51 4.4 -1.1
ECML Euclidean Fundamental Value ETF 2.5 95 -66 13.0 +7.5
SPAM Themes Cybersecurity ETF 2.5 35 -6 2.0 -3.5
MAKX ProShares S&P Kensho Smart Factories ETF 2.5 58 -29 1.0 -4.5
IVES Wedbush ETFMG Global Cloud Technology ETF 2.5 68 -39 0.8 -4.7
RNEW VanEck Green Infrastructure ETF 2.4 45 -16 -1.5 -7.0
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 2.4 48 -19 4.9 -0.6
GVLU Gotham 1000 Value ETF 2.4 50 -21 7.2 +1.7
VUSE Vident U.S. Equity Strategy ETF 2.3 50 -21 3.3 -2.2
RJMG FT Raymond James Multicap Growth Equity ETF 2.3 85 -56 2.8 -2.7
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 2.3 38 -9 5.4 -0.1
BNE Blue Horizon BNE ETF 2.3 87 -58 4.8 -0.7
BOUT Innovator IBD Breakout Opportunities ETF 2.3 81 -52 5.0 -0.5
EFRA iShares Environmental Infrastructure and Industrials ETF 2.3 47 -18 4.6 -0.9
GLRY Inspire Faithward Mid Cap Momentum ETF 2.3 80 -51 8.1 +2.6
EBLU Ecofin Global Water ESG Fund 2.2 40 -11 4.0 -1.5
DTEC ALPS Disruptive Technologies ETF 2.2 50 -21 3.1 -2.4
BLOK Amplify Transformational Data Sharing ETF 2.2 75 -46 0.2 -5.3
VXF Vanguard Extended Market ETF 2.2 6 23 4.0 -1.5
HLGE Hartford Longevity Economy ETF 2.2 44 -15 6.0 +0.5
VB Vanguard Small-Cap ETF 2.1 5 24 5.2 -0.3
DVLU First Trust Dorsey Wright Momentum & Value ETF 2.0 60 -31 7.9 +2.4
FSCS First Trust SMID Capital Strength ETF 2.0 60 -31 6.5 +1.0
RNMC First Trust Mid Cap US Equity Select ETF 2.0 60 -31 6.3 +0.8
MGMT Ballast Small/Mid Cap ETF 2.0 110 -81 7.9 +2.4
EZM WisdomTree U.S. MidCap Fund 2.0 38 -9 7.8 +2.3
IWC iShares Micro-Cap ETF 2.0 60 -31 -5.2 -10.7
FYT First Trust Small Cap Value AlphaDEX Fund 2.0 73 -44 10.2 +4.7
FTXL First Trust Nasdaq Semiconductor ETF 1.9 60 -31 6.3 +0.8
ROKT SPDR S&P Kensho Final Frontiers ETF 1.9 45 -16 2.7 -2.8
JHSC John Hancock Multifactor Small Cap ETF 1.9 42 -13 6.8 +1.3
TMFM Motley Fool Mid-Cap Growth ETF 1.9 85 -56 3.4 -2.2
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.9 64 -35 2.1 -3.4
ISCV iShares Morningstar Small Cap Value ETF 1.9 6 23 7.6 +2.1
IGV iShares Expanded Tech-Software Sector ETF 1.8 41 -12 2.8 -2.7
QGRO American Century U.S. Quality Growth ETF 1.8 29 0 4.7 -0.8
ARB AltShares Merger Arbitrage ETF 1.8 77 -48 4.4 -1.1
DES WisdomTree U.S. SmallCap Dividend Fund 1.8 38 -9 7.1 +1.6
MADE iShares U.S. Manufacturing ETF 1.8 40 -11 5.7 +0.2
VFMF Vanguard U.S. Multifactor ETF 1.8 18 11 8.7 +3.2
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 1.7 12 17 7.6 +2.1
PBD Invesco Global Clean Energy ETF 1.7 75 -46 -3.3 -8.8
BFOR ALPS Barron's 400 ETF 1.7 65 -36 6.4 +0.9
ERTH Invesco MSCI Sustainable Future ETF 1.7 62 -33 3.1 -2.4
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.7 70 -41 2.9 -2.6
SYLD Cambria Shareholder Yield ETF 1.7 59 -30 11.4 +5.9
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.6 7 22 5.6 +0.1
CCSO Carbon Collective Climate Solutions US Equity ETF 1.6 35 -6 2.2 -3.3
TRFM AAM Transformers ETF 1.6 49 -20 1.4 -4.1
DRIV Global X Autonomous & Electric Vehicles ETF 1.5 68 -39 5.4 -0.2
FXL First Trust Technology AlphaDEX Fund 1.5 61 -32 5.2 -0.3
CARZ First Trust NASDAQ Global Auto Index Fund 1.5 70 -41 4.2 -1.3
IDGT iShares U.S. Digital Infrastructure and Real Estate ETF 1.5 41 -12 11.0 +5.5
DEEP Roundhill Acquirers Deep Value ETF 1.5 80 -51 14.9 +9.4
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.5 45 -16 3.4 -2.1
HAPY Harbor Human Capital Factor Unconstrained ETF 1.4 50 -21 4.6 -0.9
YALL God Bless America ETF 1.4 65 -36 2.9 -2.6
FNX First Trust Mid Cap Core AlphaDEX Fund 1.4 60 -31 7.1 +1.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.4 58 -29 4.6 -0.9
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.3 80 -51 6.1 +0.6
VFMO Vanguard U.S. Momentum Factor ETF 1.3 13 16 2.3 -3.2
VFVA Vanguard U.S. Value Factor ETF 1.3 13 16 10.4 +4.9
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 1.3 61 -32 2.2 -3.3
USMF WisdomTree U.S. Multifactor Fund 1.3 28 1 7.4 +1.9
SVAL iShares US Small Cap Value Factor ETF 1.2 20 9 10.5 +5.0
IGM iShares Expanded Tech Sector ETF 1.2 41 -12 4.5 -1.0
VBR Vanguard Small Cap Value ETF 1.2 7 22 7.8 +2.3
MRAD SmartETFs Advertising & Marketing Technology ETF 1.2 68 -39 5.9 +0.4
ITEQ BlueStar Israel Technology ETF 1.2 75 -46 1.3 -4.2
QTUM Defiance Quantum ETF 1.2 40 -11 4.0 -1.5
SMOG VanEck Low Carbon Energy ETF 1.1 61 -32 2.6 -2.9
VFQY Vanguard U.S. Quality Factor ETF 1.1 13 16 7.4 +1.9
GINN Goldman Sachs Innovate Equity ETF 1.1 52 -23 2.9 -2.6
FDWM Fidelity Women's Leadership ETF 1.1 59 -30 4.7 -0.9
TRFK Pacer Data and Digital Revolution ETF 1.1 60 -31 3.9 -1.6
FNK First Trust Mid Cap Value AlphaDEX Fund 1.1 70 -41 10.4 +4.9
DFNV Donoghue Forlines Innovation ETF 1.0 69 -40 4.8 -0.7
KRUZ Unusual Whales Subversive Republican Trading ETF 0.9 75 -46 5.7 +0.2
SMDV ProShares Russell 2000 Dividend Growers ETF 0.9 40 -11 6.7 +1.2
ANEW ProShares MSCI Transformational Changes ETF 0.9 45 -16 3.6 -1.9
BUYZ Franklin Disruptive Commerce ETF 0.9 50 -21 2.0 -3.5
TTAC FCF US Quality ETF 0.9 59 -30 6.3 +0.8
TMFX Motley Fool Next Index ETF 0.9 50 -21 3.0 -2.5
BECO BlackRock Future Climate and Sustainable Economy ETF 0.9 70 -41 11.2 +5.7
BLLD JPMorgan Sustainable Infrastructure ETF 0.8 49 -20 5.3 -0.3
SHLD Global X Defense Tech ETF 0.8 50 -21 4.9 -0.6
FVAL Fidelity Value Factor ETF 0.8 15 14 7.2 +1.7
COWZ Pacer US Cash Cows 100 ETF 0.8 49 -20 11.2 +5.7
DIVY Sound Equity Dividend Income ETF 0.8 45 -16 10.2 +4.7
XT iShares Exponential Technologies ETF 0.8 46 -17 4.7 -0.8
ROUS Hartford Multifactor US Equity ETF 0.8 19 10 6.7 +1.2
VALQ American Century U.S. Quality Value ETF 0.8 29 0 7.3 +1.8
FRNW Fidelity Clean Energy ETF 0.8 39 -10 2.2 -3.3
VCLN Virtus Duff & Phelps Clean Energy ETF 0.8 59 -30 3.5 -2.0
CTEC Global X CleanTech ETF 0.8 50 -21 2.6 -2.9
RAYS Global X Solar ETF 0.8 51 -22 7.3 +1.8
TAN Invesco Solar ETF 0.8 67 -38 8.6 +3.1
CNRG SPDR S&P Kensho Clean Power ETF 0.8 45 -16 2.7 -2.8
FPX First Trust US Equity Opportunities ETF 0.8 61 -32 2.1 -3.5
ETEC iShares Breakthrough Environmental Solutions ETF 0.7 47 -18 7.8 +2.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.7 17 12 5.5 +0.0
WTV WisdomTree US Value Fund of Benef Interest 0.7 12 17 9.2 +3.7
FAB First Trust Multi Cap Value AlphaDEX Fund 0.7 67 -38 9.1 +3.6
IDAT iShares Future Cloud 5G and Tech ETF 0.7 47 -18 4.4 -1.1
BTEK Future Tech ETF 0.7 88 -59 2.3 -3.2
AOTG AOT Growth and Innovation ETF 0.7 75 -46 3.4 -2.1
FLOW Global X U.S. Cash Flow Kings 100 ETF 0.7 25 4 10.8 +5.3
PAVE Global X U.S. Infrastructure Development ETF 0.7 47 -18 5.6 +0.1
BRF VanEck Brazil Small-Cap ETF 0.7 66 -37 7.0 +1.5
PKW Invesco Buyback Achievers ETF 0.7 62 -33 6.9 +1.4
SFYX SoFi Next 500 ETF 0.7 0 29 4.9 -0.6
FDN First Trust Dow Jones Internet Index Fund 0.7 52 -23 2.7 -2.8
FDND FT Vest Dow Jones Internet & Target Income ETF 0.7 75 -46 2.5 -3.0
PPA Invesco Aerospace & Defense ETF 0.7 58 -29 3.0 -2.5
BATT Amplify Lithium & Battery Technology ETF 0.7 59 -30 -0.6 -6.1
UFO Procure Space ETF 0.7 75 -46 -1.1 -6.6
ISRA VanEck Israel ETF 0.7 59 -30 8.7 +3.2
DFUV Dimensional US Marketwide Value ETF 0.6 22 7 7.5 +2.0
IBAT iShares Energy Storage & Materials ETF 0.6 47 -18 3.5 -2.0
BUG Global X Cybersecurity ETF 0.6 51 -22 2.2 -3.3
PDP Invesco Dorsey Wright Momentum ETF 0.6 62 -33 3.8 -1.7
PNQI Invesco NASDAQ Internet ETF 0.6 60 -31 2.5 -3.0
SAGP Strategas Global Policy Opportunities ETF 0.6 65 -36 5.2 -0.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.6 25 4 5.4 -0.1
ICLN iShares Global Clean Energy ETF 0.6 41 -12 4.7 -0.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.6 21 8 4.0 -1.6
AIQ Global X Artificial Intelligence & Technology ETF 0.5 68 -39 4.1 -1.4
JSTC Adasina Social Justice All Cap Global ETF 0.5 89 -60 4.8 -0.7
HAIL SPDR S&P Kensho Smart Mobility ETF 0.5 45 -16 -3.0 -8.5
DCOR Dimensional US Core Equity 1 ETF 0.5 14 15 5.5 +0.0
QOWZ Invesco Nasdaq Free Cash Flow Achievers ETF 0.5 39 -10 4.2 -1.3
CIBR First Trust NASDAQ Cybersecurity ETF 0.5 60 -31 4.3 -1.2
AVUS Avantis U.S. Equity ETF 0.5 15 14 5.8 +0.3
SOCL Global X Social Media ETF 0.5 65 -36 -6.5 -12.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.5 4 25 5.8 +0.3
SXQG ETC 6 Meridian Quality Growth ETF 0.5 100 -71 4.0 -1.5
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.5 50 -21 5.2 -0.3
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.5 15 14 9.6 +4.1
DFSU Dimensional US Sustainability Core 1 ETF 0.5 18 11 5.6 +0.1
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.4 15 14 5.9 +0.4
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.4 45 -16 5.8 +0.3
BULD Pacer BlueStar Engineering the Future ETF 0.4 60 -31 1.4 -4.1
FDTX Fidelity Disruptive Technology ETF 0.4 50 -21 3.1 -2.5
WISE Themes Generative Artificial Intelligence ETF 0.4 35 -6 2.2 -3.3
CLNR IQ Cleaner Transport ETF 0.4 45 -16 6.8 +1.3
VLU SPDR S&P 1500 Value Tilt ETF 0.4 12 17 6.9 +1.4
SOXX iShares Semiconductor ETF 0.4 35 -6 5.7 +0.2
SCHM Schwab U.S. Mid-Cap ETF 0.4 4 25 6.1 +0.6
AIEQ AI Powered Equity ETF 0.4 75 -46 1.8 -3.7
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.4 15 14 6.7 +1.2
FNDB Schwab Fundamental US Broad Market Index ETF 0.3 25 4 6.8 +1.3
HKND Humankind US Stock ETF 0.3 11 18 7.0 +1.5
DFAU Dimensional US Core Equity Market ETF 0.3 12 17 5.2 -0.3
SOXQ Invesco PHLX Semiconductor ETF 0.3 19 10 5.1 -0.4
JHMM John Hancock Multifactor Mid Cap ETF 0.3 42 -13 6.3 +0.8
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.3 40 -11 4.0 -1.5
MVPS Amplify Thematic All-Stars ETF 0.3 49 -20 2.9 -2.6
JRNY ALPS Global Travel Beneficiaries ETF 0.3 65 -36 -1.3 -6.8
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.3 3 26 5.3 -0.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 26 5.0 -0.6
SHPP Pacer Industrials and Logistics ETF 0.3 60 -31 9.9 +4.4
IWV iShares Russell 3000 ETF 0.3 20 9 4.8 -0.7
VTHR Vanguard Russell 3000 ETF 0.3 10 19 4.9 -0.6
VTI Vanguard Total Stock Market ETF 0.3 3 26 4.9 -0.6
DFUS Dimensional U.S. Equity ETF 0.3 9 20 5.0 -0.5
SCHB Schwab U.S. Broad Market ETF 0.3 3 26 5.0 -0.5
QLV FlexShares US Quality Low Volatility Index Fund 0.3 22 7 3.8 -1.7
IQM Franklin Intelligent Machines ETF 0.3 50 -21 3.5 -2.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 29 0 6.5 +1.0
SDY SPDR S&P Dividend ETF 0.3 35 -6 5.8 +0.3
ESGV Vanguard ESG U.S. Stock ETF 0.3 9 20 4.9 -0.6
IETC iShares U.S. Tech Independence Focused ETF 0.2 18 11 4.5 -1.0
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.2 12 17 4.6 -0.9
HERO Global X Video Games & Esports ETF 0.2 50 -21 4.9 -0.6
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.2 75 -46 5.2 -0.3
IDRV iShares Self-driving EV & Tech ETF 0.2 47 -18 -0.3 -5.8
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 -10 7.0 +1.5
AVLV Avantis U.S. Large Cap Value ETF 0.2 15 14 7.4 +1.9
CLOD Themes Cloud Computing ETF 0.2 35 -6 2.9 -2.6
XDAT Franklin Exponential Data ETF 0.2 50 -21 3.0 -2.5
FLDZ RiverNorth Patriot ETF 0.2 75 -46 5.5 +0.0
JVAL JPMorgan U.S. Value Factor ETF 0.2 12 17 8.0 +2.5
OCEN IQ Clean Oceans ETF 0.2 45 -16 5.7 +0.2
FELV Fidelity Enhanced Large Cap Value ETF 0.2 18 11 6.5 +1.0
GGME Invesco Next Gen Media and Gaming ETF 0.2 60 -31 3.9 -1.6
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 9 7.0 +1.5
VT Vanguard Total World Stock ETF 0.1 7 22 5.6 +0.1
IUS Invesco RAFI Strategic US ETF 0.1 19 10 6.9 +1.4
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -31 4.1 -1.4
DON WisdomTree U.S. MidCap Dividend Fund 0.1 38 -9 8.1 +2.6
JQUA JPMorgan U.S. Quality Factor ETF 0.1 12 17 5.8 +0.3
FELC Fidelity Enhanced Large Cap Core ETF 0.1 18 11 5.4 -0.1
OALC OneAscent Large Cap Core ETF 0.1 86 -57 4.4 -1.1
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 4 6.9 +1.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 14 10.4 +4.9
TXS Texas Capital Texas Equity Index ETF 0.1 49 -20 5.2 -0.3
DHS WisdomTree U.S. High Dividend Fund 0.1 38 -9 7.9 +2.4
RAFE PIMCO RAFI ESG U.S. ETF 0.1 29 0 7.2 +1.7
AFLG First Trust Active Factor Large Cap ETF 0.1 55 -26 6.0 +0.5
PRNT 3D Printing ETF 0.1 66 -37 -0.2 -5.7
HAP VanEck Natural Resources ETF 0.1 50 -21 10.0 +4.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 20 5.6 +0.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 9 6.4 +0.9
DTD WisdomTree U.S. Total Dividend Fund 0.1 28 1 6.1 +0.6
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.1 50 -21 13.2 +7.7
SCHK Schwab 1000 Index ETF 0.1 5 24 5.1 -0.4
DIVB iShares Core Dividend ETF 0.1 5 24 7.6 +2.1
AUSF Global X Adaptive U.S. Factor ETF 0.1 27 2 8.6 +3.1
SMMD iShares Russell 2500 ETF 0.1 15 14 5.9 +0.4
PTL Inspire 500 ETF 0.1 9 20 5.7 +0.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 18 5.1 -0.4
IWS iShares Russell Mid-Cap Value ETF 0.0 23 6 6.5 +1.0
IYY iShares Dow Jones U.S. ETF 0.0 20 9 4.9 -0.6
IYW iShares U.S. Technology ETF 0.0 40 -11 4.5 -1.0
IWR iShares Russell Midcap ETF 0.0 19 10 5.7 +0.2
VIG Vanguard Dividend Appreciation ETF 0.0 6 23 5.6 +0.1
DEW WisdomTree Global High Dividend Fund 0.0 58 -29 8.5 +3.0
FNDC Schwab Fundamental International Small Co. Index ETF 0.0 39 -10 7.1 +1.6
STXV Strive 1000 Value ETF 0.0 18 11 7.5 +2.0
PFM Invesco Dividend Achievers ETF 0.0 53 -24 5.3 -0.2
DSI iShares MSCI KLD 400 Social ETF 0.0 25 4 5.1 -0.4
STXG Strive 1000 Growth ETF 0.0 18 11 4.2 -1.3
QDEF FlexShares Quality Dividend Defensive Index Fund 0.0 37 -8 4.0 -1.5
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 12 7.0 +1.5
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 17 6.4 +0.9
VYM Vanguard High Dividend Yield Index ETF 0.0 6 23 7.0 +1.5
IWD iShares Russell 1000 Value ETF 0.0 19 10 6.3 +0.8
VONV Vanguard Russell 1000 Value ETF 0.0 8 21 6.4 +0.9
JHML John Hancock Multifactor Large Cap ETF 0.0 29 0 5.4 -0.1
DGRO iShares Core Dividend Growth ETF 0.0 8 21 6.3 +0.8
IWB iShares Russell 1000 ETF 0.0 15 14 5.0 -0.5
VONE Vanguard Russell 1000 ETF 0.0 8 21 5.1 -0.4
SCHG Schwab U.S. Large-Cap Growth ETF 0.0 4 25 4.5 -1.0
SCHX Schwab U.S. Large-Cap ETF 0.0 3 26 5.1 -0.4
DGRW WisdomTree US Quality Dividend Growth Fund 0.0 28 1 5.9 +0.4
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 15 5.1 -0.4

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%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2019 2020 2021 2022 2023 2024E 2025E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Invesco S&P SmallCap Information Technology ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.5 %
Divided by: Fwd. P/BV 2.2 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 5.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.61 CATEGORY
AVERAGE		 1.57
 
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.