Invesco S&P SmallCap Information Technology ETF
ALTAR
Score™		 6.5% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 19.4x P/Sales
ratio		 1.4x
P/BV
ratio		 2.1x Div.
yield		 0.5%


  • 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 PowerShares
Website www.invescopowershares.com
Inception date Apr 07, 2010
Assets (mns) $303
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 63
Wgt avg mkt cap (mns) $3,212
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 72.7%
Small cap (<$2bn) 27.3%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SPS COMMERCE INC 4.6 %
FABRINET 4.4 %
BADGER METER INC 3.9 %
INSIGHT ENTERPRISES INC 3.8 %
DOUBLEVERIFY HOLDINGS INC 3.4 %
ITRON INC 3.1 %
BOX, INC. CLASS A 2.9 %
DXC TECHNOLOGY CO. 2.8 %
ACI WORLDWIDE INC 2.6 %
ADVANCED ENERGY INDUSTRIES 2.5 %
Total 33.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 93.0 %
CAYMAN ISLANDS 4.4 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-3.8% -64.7% -10.3% 0.4% 4.5%

Market Correlations
versus... Beta R-squared
S&P500 0.95 14%
MSCI EAFE 0.74 8%
MSCI Emg. Mkts. 0.28 1%

Technical Indicators
Recent close $43.69
30d moving avg. $43.37
Annualized volatility 45.9%
Short interest (ETF) 2.2%
Short interest (Underlying) 5.7%
Relative strength (RSI) 73

Liquidity measures
Avg. volume (thou.) 16
Turnover 0.2%
Bid/Ask (% of price) 0.25%
ADV underlying (mns) $1,543

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 365 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™: 6.5%


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
(%)
SSLY Syntax Stratified SmallCap ETF 14.6 40 -11 7.5 +1.0
IJT iShares S&P Small-Cap 600 Growth ETF 13.4 18 11 7.0 +0.6
SLYG SPDR S&P 600 Small Cap Growth ETF 13.4 15 14 7.1 +0.6
XSW SPDR S&P Software & Services ETF 13.4 35 -6 2.9 -3.6
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 13.3 59 -30 8.5 +2.0
VIOG Vanguard S&P Small-Cap 600 Growth ETF 13.0 15 14 7.0 +0.5
XSMO Invesco S&P SmallCap Momentum ETF 12.6 39 -10 7.8 +1.3
XJR iShares ESG Screened S&P Small-Cap ETF 12.1 12 17 7.8 +1.3
ESIX SPDR S&P SmallCap 600 ESG ETF 12.1 12 17 7.8 +1.3
SMLE Xtrackers S&P SmallCap 600 ESG ETF 12.1 15 14 7.6 +1.1
SPSM SPDR Portfolio S&P 600 Small Cap ETF 11.6 3 26 8.2 +1.8
IJR iShares Core S&P Small Cap ETF 11.6 6 23 8.2 +1.7
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 10.9 15 14 8.2 +1.8
VIOO Vanguard S&P Small-Cap 600 ETF 10.3 10 19 7.8 +1.3
XSHQ Invesco S&P SmallCap Quality ETF 10.2 29 0 10.1 +3.6
CALF Pacer US Small Cap Cash Cows 100 ETF 10.0 59 -30 11.1 +4.6
SLYV SPDR S&P 600 Small Cap Value ETF 9.8 15 14 9.4 +2.9
IJS iShares S&P Small-Cap 600 Value ETF 9.8 18 11 9.3 +2.9
SIMS SPDR S&P Kensho Intelligent Structures ETF 8.6 45 -16 -3.3 -9.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 8.5 39 -10 9.4 +3.0
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 8.5 30 -1 7.6 +1.1
XSLV Invesco S&P SmallCap Low Volatility ETF 8.4 25 4 6.9 +0.4
QQQS Invesco NASDAQ Future Gen 200 ETF 8.2 20 9 -7.8 -14.3
SNSR Global X Internet of Things ETF 8.0 68 -39 4.3 -2.2
FIVG Defiance Next Gen Connectivity ETF 7.9 30 -1 6.7 +0.3
XITK SPDR FactSet Innovative Technology ETF 7.8 45 -16 2.7 -3.8
VIOV Vanguard S&P Small-Cap 600 Value ETF 7.8 15 14 8.7 +2.2
JSML Janus Henderson Small Cap Growth Alpha ETF 7.6 30 -1 9.3 +2.8
XTL SPDR S&P Telecom ETF 7.5 35 -6 6.6 +0.1
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 7.4 29 0 7.4 +0.9
PSI Invesco Semiconductors ETF 7.4 57 -28 5.1 -1.4
XSD SPDR S&P Semiconductor ETF 7.2 35 -6 5.1 -1.4
TPSC Timothy Plan US Small Cap Core ETF 7.1 52 -23 7.6 +1.2
VTWG Vanguard Russell 2000 Growth ETF 7.0 15 14 1.7 -4.7
IWO iShares Russell 2000 Growth ETF 6.9 24 5 1.4 -5.0
RZG Invesco S&P Smallcap 600 Pure Growth ETF 6.9 35 -6 7.2 +0.7
RZV Invesco S&P Smallcap 600 Pure Value ETF 6.8 35 -6 10.5 +4.0
RNSC Furst Trust Small Cap US Equity Select ETF 6.6 60 -31 8.4 +2.0
AFSM First Trust Active Factor Small Cap ETF 6.6 75 -46 7.6 +1.2
CLOU Global X Cloud Computing ETF 6.5 68 -39 2.1 -4.4
ROSC Hartford Multifactor Small Cap ETF 6.4 34 -5 10.1 +3.7
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 6.4 35 -6 5.4 -1.0
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 6.4 42 -13 7.5 +1.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 6.4 35 -6 7.6 +1.1
ISMD Inspire Small/Mid Cap ETF 6.2 54 -25 6.1 -0.4
PSC Principal U.S. Small-Cap ETF 6.1 38 -9 6.6 +0.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 6.0 20 9 6.7 +0.3
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 5.8 58 -29 -0.3 -6.8
FLQS Franklin U.S. Small Cap Multifactor Index ETF 5.8 35 -6 7.5 +1.0
SQLV Royce Quant Small-Cap Quality Value ETF 5.8 60 -31 9.0 +2.6
EES WisdomTree U.S. SmallCap Fund 5.6 38 -9 10.3 +3.8
FYC First Trust Small Cap Growth AlphaDEX Fund 5.5 71 -42 0.9 -5.6
TINY ProShares Nanotechnology ETF 5.3 58 -29 1.9 -4.6
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 5.2 9 20 4.0 -2.5
NUSC Nuveen ESG Small-Cap ETF 5.2 31 -2 5.2 -1.3
XSVM Invesco S&P SmallCap Value with Momentum ETF 5.2 36 -7 11.1 +4.6
AVSC Avantis U.S Small Cap Equity ETF 5.1 25 4 5.4 -1.0
USVM VictoryShares US Small Mid Cap Value Momentum ETF 5.1 25 4 8.8 +2.4
BKSE BNY Mellon US Small Cap Core Equity ETF 5.0 4 25 5.7 -0.7
DFAS Dimensional U.S. Small Cap ETF 4.9 26 3 6.0 -0.5
VTWO Vanguard Russell 2000 ETF 4.9 10 19 3.9 -2.6
IWM iShares Russell 2000 ETF 4.8 19 10 3.6 -2.9
FITE SPDR S&P Kensho Future Security ETF 4.8 45 -16 3.0 -3.5
ACTV LeaderShares Activist Leaders ETF 4.8 75 -46 8.1 +1.6
DSMC Distillate Small/Mid Cash Flow ETF 4.8 55 -26 11.8 +5.3
PBW Invesco WilderHill Clean Energy ETF 4.7 66 -37 -19.8 -26.3
WFH Direxion Work From Home ETF 4.6 45 -16 0.0 -6.5
NVIR Horizon Kinetics Energy and Remediation ETF 4.6 85 -56 1.9 -4.5
VFMV Vanguard U.S. Minimum Volatility ETF 4.5 13 16 5.4 -1.1
STXK Strive Small-Cap ETF 4.5 18 11 5.5 -1.0
SMCP AlphaMark Actively Managed Small Cap ETF 4.5 90 -61 6.8 +0.4
ISCG iShares Morningstar Small-Cap Growth ETF 4.4 6 23 2.5 -4.0
TMFS Motley Fool Small-Cap Growth ETF 4.4 85 -56 3.6 -2.9
IHAK iShares Cybersecurity & Tech ETF 4.4 47 -18 3.2 -3.3
CSMD Congress SMid Growth ETF 4.4 69 -40 4.2 -2.3
GSFP Goldman Sachs Future Planet Equity ETF 4.3 75 -46 4.5 -1.9
KOMP SPDR S&P Kensho New Economies Composite ETF 4.3 20 9 2.1 -4.4
ETHO Etho Climate Leadership U.S. ETF 4.3 47 -18 4.1 -2.4
FYX First Trust Small Cap Core AlphaDEX Fund 4.3 61 -32 7.2 +0.7
FIW First Trust Water ETF 4.2 53 -24 4.5 -2.0
WCLD WisdomTree Cloud Computing Fund 4.0 45 -16 1.5 -5.0
BSVO EA Bridgeway Omni Small-Cap Value ETF 4.0 47 -18 9.8 +3.3
ESML iShares ESG Aware MSCI USA Small-Cap ETF 3.9 17 12 5.4 -1.0
AHOY Newday Ocean Health ETF 3.9 75 -46 5.6 -0.9
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 3.8 79 -50 5.1 -1.3
JMEE JPMorgan Market Expansion Enhanced Equity ETF 3.8 24 5 7.8 +1.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 3.6 39 -10 4.5 -1.9
SCHA Schwab U.S. Small-Cap ETF 3.6 4 25 4.9 -1.6
DFAT Dimensional U.S. Targeted Value ETF 3.5 28 1 8.2 +1.8
AVUV Avantis U.S. Small Cap Value ETF 3.5 25 4 10.0 +3.6
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 3.5 20 9 4.5 -2.0
FNDA Schwab Fundamental US Small Co. Index ETF 3.4 25 4 6.8 +0.4
SRHQ SRH U.S. Quality ETF 3.3 35 -6 8.0 +1.6
JHSC John Hancock Multifactor Small Cap ETF 3.3 42 -13 6.2 -0.3
PTEC Global X PropTech ETF 3.2 50 -21 1.7 -4.8
FSMO Fidelity Small-Mid Cap Opportunities ETF 3.2 60 -31 6.7 +0.2
ISCB iShares Morningstar Small-Cap ETF 3.2 4 25 5.3 -1.1
VBK Vanguard Small-Cap Growth ETF 3.2 7 22 1.5 -5.0
VAMO Cambria Value & Momentum ETF 3.2 61 -32 9.6 +3.2
SPAM Themes Cybersecurity ETF 3.1 35 -6 2.0 -4.5
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 3.1 55 -26 3.6 -2.8
ACES ALPS Clean Energy ETF 3.1 55 -26 -5.0 -11.5
AQWA Global X Clean Water ETF 3.0 50 -21 4.3 -2.2
FYT First Trust Small Cap Value AlphaDEX Fund 3.0 73 -44 11.7 +5.3
PHO Invesco Water Resources ETF 3.0 60 -31 4.3 -2.2
IWTR iShares MSCI Water Management Multisector ETF 3.0 47 -18 4.8 -1.6
SIXL ETC 6 Meridian Low Beta Equity ETF 2.9 80 -51 5.1 -1.4
DFSV Dimensional US Small Cap Value ETF 2.9 31 -2 8.9 +2.4
ECML Euclidean Fundamental Value ETF 2.9 95 -66 8.7 +2.2
DTEC ALPS Disruptive Technologies ETF 2.9 50 -21 3.3 -3.2
VTWV Vanguard Russell 2000 Value ETF 2.8 15 14 5.8 -0.7
FSMD Fidelity Small-Mid Multifactor ETF 2.8 15 14 7.6 +1.2
IWN iShares Russell 2000 Value ETF 2.8 24 5 5.6 -0.9
VERS ProShares Metaverse ETF 2.8 58 -29 -8.3 -14.8
TDV ProShares S&P Technology Dividend Aristocrats ETF 2.8 45 -16 6.1 -0.3
VGT Vanguard Information Technology ETF 2.7 10 19 4.7 -1.8
ITEQ BlueStar Israel Technology ETF BlueStar Israel Technology Fu 2.7 75 -46 1.6 -4.9
CGW Invesco S&P Global Water Index ETF 2.6 57 -28 3.8 -2.7
SIXS ETC 6 Meridian Small Cap Equity ETF 2.6 89 -60 9.0 +2.6
HLGE Hartford Longevity Economy ETF 2.6 44 -15 6.6 +0.1
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.5 39 -10 -3.5 -10.0
HAIL SPDR S&P Kensho Smart Mobility ETF 2.5 45 -16 -2.0 -8.5
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 2.5 38 -9 6.7 +0.3
MAKX ProShares S&P Kensho Smart Factories ETF 2.4 58 -29 0.4 -6.1
TMFM Motley Fool Mid-Cap Growth ETF 2.4 85 -56 3.3 -3.1
CTEC Global X CleanTech ETF 2.4 50 -21 1.0 -5.5
RAYS Global X Solar ETF 2.4 51 -22 4.7 -1.8
TAN Invesco Solar ETF 2.4 67 -38 6.2 -0.3
FTEC Fidelity MSCI Information Technology Index ETF 2.3 8 21 4.8 -1.7
GLRY Inspire Faithward Mid Cap Momentum ETF 2.3 80 -51 8.0 +1.6
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 2.3 95 -66 1.7 -4.8
IWC iShares Micro-Cap ETF 2.3 60 -31 -4.3 -10.8
FRNW Fidelity Clean Energy ETF 2.3 39 -10 3.7 -2.8
DEEP Roundhill Acquirers Deep Value ETF 2.3 80 -51 15.3 +8.8
ICLN iShares Global Clean Energy ETF 2.2 41 -12 4.3 -2.2
SMLF iShares U.S. SmallCap Equity Factor ETF 2.2 15 14 5.8 -0.7
DES WisdomTree U.S. SmallCap Dividend Fund 2.2 38 -9 8.1 +1.7
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 2.2 30 -1 12.3 +5.9
RNEW VanEck Green Infrastructure ETF 2.2 45 -16 -0.4 -6.9
FTXL First Trust Nasdaq Semiconductor ETF 2.2 60 -31 6.1 -0.4
ERTH Invesco MSCI Sustainable Future ETF 2.1 62 -33 3.7 -2.8
EFRA iShares Environmental Infrastructure and Industrials ETF 2.1 47 -18 5.2 -1.3
IWFH iShares Virtual Work and Life Multisector ETF 2.1 47 -18 -3.5 -10.0
VB Vanguard Small-Cap ETF 2.1 5 24 5.4 -1.1
BNE Blue Horizon BNE ETF 2.1 87 -58 5.0 -1.5
FINX Global X FinTech ETF 2.1 68 -39 3.2 -3.3
ETEC iShares Breakthrough Environmental Solutions ETF 2.1 47 -18 5.3 -1.1
AFMC First Trust Active Factor Mid Cap ETF 2.0 65 -36 7.5 +1.0
EBLU Ecofin Global Water ESG Fund 2.0 40 -11 3.9 -2.6
ROKT SPDR S&P Kensho Final Frontiers ETF 2.0 45 -16 -0.6 -7.1
SYLD Cambria Shareholder Yield ETF 2.0 59 -30 11.6 +5.1
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 2.0 80 -51 6.5 +0.1
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 1.9 75 -46 5.4 -1.1
CNRG SPDR S&P Kensho Clean Power ETF 1.9 45 -16 -7.5 -13.9
VXF Vanguard Extended Market ETF 1.9 6 23 3.9 -2.5
ISCV iShares Morningstar Small Cap Value ETF 1.9 6 23 8.1 +1.7
MGMT Ballast Small/Mid Cap ETF 1.9 110 -81 7.8 +1.3
ISRA VanEck Israel ETF 1.9 59 -30 8.9 +2.4
ROYA Tema Global Royalties ETF 1.9 75 -46 4.6 -1.9
DAT ProShares Big Data Refiners ETF 1.9 58 -29 1.4 -5.1
EZM WisdomTree U.S. MidCap Fund 1.8 38 -9 8.2 +1.7
VFMF Vanguard U.S. Multifactor ETF 1.8 18 11 8.7 +2.2
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 1.8 48 -19 5.6 -0.9
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.8 7 22 5.8 -0.7
CCSO Carbon Collective Climate Solutions US Equity ETF 1.8 35 -6 2.3 -4.2
CARZ First Trust NASDAQ Global Auto Index Fund 1.8 70 -41 3.5 -3.0
PBD Invesco Global Clean Energy ETF 1.8 75 -46 -3.9 -10.4
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 1.8 12 17 7.3 +0.9
VCLN Virtus Duff & Phelps Clean Energy ETF 1.7 59 -30 3.5 -3.0
CIBR First Trust NASDAQ Cybersecurity ETF 1.7 60 -31 3.9 -2.6
IGV iShares Expanded Tech-Software Sector ETF 1.7 41 -12 3.3 -3.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.7 58 -29 4.6 -1.9
TRFM AAM Transformers ETF 1.6 49 -20 1.3 -5.2
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.6 60 -31 1.2 -5.3
SMOG VanEck Low Carbon Energy ETF 1.6 61 -32 3.0 -3.4
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.6 39 -10 8.9 +2.4
MRAD SmartETFs Advertising & Marketing Technology ETF 1.6 68 -39 4.2 -2.3
PTF Invesco Dorsey Wright Technology Momentum ETF 1.6 60 -31 0.6 -5.9
VFVA Vanguard U.S. Value Factor ETF 1.6 13 16 10.6 +4.1
IDGT iShares U.S. Digital Infrastructure and Real Estate ETF 1.5 41 -12 8.8 +2.3
AZTD Aztlan Global Stock Selection DM SMID ETF 1.5 75 -46 6.6 +0.2
VFQY Vanguard U.S. Quality Factor ETF 1.5 13 16 7.2 +0.7
BFOR ALPS Barron's 400 ETF 1.5 65 -36 6.6 +0.1
FXL First Trust Technology AlphaDEX Fund 1.5 61 -32 4.1 -2.4
SCAP InfraCap Small Cap Income ETF 1.4 135 -106 7.2 +0.8
DIVY Sound Equity Dividend Income ETF 1.4 45 -16 10.5 +4.0
DVLU First Trust Dorsey Wright Momentum & Value ETF 1.4 60 -31 10.2 +3.7
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.4 64 -35 2.1 -4.4
GVLU Gotham 1000 Value ETF 1.4 50 -21 7.4 +1.0
SKYY First Trust Cloud Computing ETF 1.4 60 -31 3.5 -3.0
IDAT iShares Future Cloud 5G and Tech ETF 1.4 47 -18 4.5 -1.9
FDWM Fidelity Women's Leadership ETF 1.3 59 -30 4.8 -1.7
HAPY Harbor Human Capital Factor Unconstrained ETF 1.3 50 -21 4.8 -1.7
VBR Vanguard Small Cap Value ETF 1.3 7 22 8.2 +1.7
ROUS Hartford Multifactor US Equity ETF 1.2 19 10 6.4 -0.0
IVES Wedbush ETFMG Global Cloud Technology ETF 1.2 68 -39 1.4 -5.1
VFMO Vanguard U.S. Momentum Factor ETF 1.2 13 16 2.8 -3.7
FCLD Fidelity Cloud Computing ETF 1.1 39 -10 2.4 -4.1
RNMC First Trust Mid Cap US Equity Select ETF 1.1 60 -31 7.9 +1.4
IGM iShares Expanded Tech Sector ETF 1.1 41 -12 4.5 -2.0
MVPS Amplify Thematic All-Stars ETF 1.1 49 -20 1.7 -4.8
SVAL iShares US Small Cap Value Factor ETF 1.0 20 9 11.4 +5.0
VUSE Vident U.S. Equity Strategy ETF 1.0 50 -21 3.6 -2.9
JFWD Jacob Forward ETF 1.0 75 -46 0.0 -6.5
FNK First Trust Mid Cap Value AlphaDEX Fund 1.0 70 -41 9.2 +2.7
AUSF Global X Adaptive U.S. Factor ETF 1.0 27 2 9.0 +2.5
SMDV ProShares Russell 2000 Dividend Growers ETF 1.0 40 -11 7.2 +0.8
RAYD Rayliant Quantitative Developed Market Equity ETF 1.0 80 -51 4.5 -2.0
DRIV Global X Autonomous & Electric Vehicles ETF 1.0 68 -39 3.4 -3.1
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 1.0 47 -18 0.7 -5.8
KRUZ Unusual Whales Subversive Republican Trading ETF 1.0 75 -46 4.9 -1.5
TRFK Pacer Data and Digital Revolution ETF 1.0 60 -31 4.0 -2.4
FLOW Global X U.S. Cash Flow Kings 100 ETF 1.0 25 4 11.1 +4.6
FVAL Fidelity Value Factor ETF 1.0 15 14 7.5 +1.0
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.9 70 -41 1.8 -4.7
SHLD Global X Defense Tech ETF 0.9 50 -21 4.8 -1.6
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.9 72 -43 2.2 -4.3
FNX First Trust Mid Cap Core AlphaDEX Fund 0.9 60 -31 6.0 -0.4
FAB First Trust Multi Cap Value AlphaDEX Fund 0.9 67 -38 9.2 +2.8
IYZ iShares U.S. Telecommunications ETF 0.9 40 -11 8.3 +1.8
UFO Procure Space ETF 0.9 75 -46 -4.0 -10.5
GINN Goldman Sachs Innovate Equity ETF 0.9 52 -23 2.7 -3.8
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.8 45 -16 4.9 -1.6
BLLD JPMorgan Sustainable Infrastructure ETF 0.8 49 -20 6.2 -0.3
FDN First Trust Dow Jones Internet Index Fund 0.8 52 -23 1.5 -5.0
XT iShares Exponential Technologies ETF 0.8 46 -17 3.9 -2.6
BECO BlackRock Future Climate and Sustainable Economy ETF 0.8 70 -41 13.7 +7.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.8 17 12 5.7 -0.8
FDM First Trust Dow Jones Select MicroCap Index Fund 0.8 60 -31 7.9 +1.4
DFNV Donoghue Forlines Innovation ETF 0.8 69 -40 5.0 -1.5
BUYZ Franklin Disruptive Commerce ETF 0.7 50 -21 2.1 -4.4
ANEW ProShares MSCI Transformational Changes ETF 0.7 45 -16 3.3 -3.1
PPA Invesco Aerospace & Defense ETF 0.7 58 -29 3.5 -3.0
SOCL Global X Social Media ETF 0.7 65 -36 -5.8 -12.2
DFUV Dimensional US Marketwide Value ETF 0.7 22 7 7.6 +1.2
WCBR WisdomTree Cybersecurity Fund 0.7 45 -16 1.9 -4.6
BUG Global X Cybersecurity ETF 0.7 51 -22 2.4 -4.1
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.7 25 4 5.7 -0.8
TMFX Motley Fool Next Index ETF 0.7 50 -21 3.4 -3.1
BATT Amplify Lithium & Battery Technology ETF 0.7 59 -30 2.9 -3.6
BRF VanEck Brazil Small-Cap ETF 0.7 66 -37 7.9 +1.5
WTAI WisdomTree Artificial Intelligence and Innovation Fund 0.7 45 -16 1.4 -5.1
WISE Themes Generative Artificial Intelligence ETF 0.7 35 -6 2.1 -4.3
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.6 15 14 6.3 -0.2
PAVE Global X U.S. Infrastructure Development ETF 0.6 47 -18 5.7 -0.8
SXQG ETC 6 Meridian Quality Growth ETF 0.6 100 -71 4.4 -2.1
PNQI Invesco NASDAQ Internet ETF 0.6 60 -31 2.6 -3.9
EQAL Invesco Russell 1000 Equal Weight ETF 0.6 20 9 6.0 -0.5
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.6 15 14 10.1 +3.7
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.6 15 14 7.6 +1.1
FPX First Trust US Equity Opportunities ETF 0.6 61 -32 0.6 -5.9
QGRO American Century U.S. Quality Growth ETF 0.6 29 0 5.8 -0.7
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.6 45 -16 6.2 -0.2
PDP Invesco Dorsey Wright Momentum ETF 0.6 62 -33 3.7 -2.8
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.5 50 -21 5.8 -0.6
AVUS Avantis U.S. Equity ETF 0.5 15 14 6.0 -0.4
COWZ Pacer US Cash Cows 100 ETF 0.5 49 -20 11.0 +4.5
PKW Invesco Buyback Achievers ETF 0.5 62 -33 7.1 +0.6
SFYX SoFi Next 500 ETF 0.5 0 29 5.6 -0.9
CLNR IQ Cleaner Transport ETF 0.5 45 -16 8.3 +1.8
JSTC Adasina Social Justice All Cap Global ETF 0.5 89 -60 4.8 -1.7
DFSU Dimensional US Sustainability Core 1 ETF 0.5 18 11 5.7 -0.8
XDAT Franklin Exponential Data ETF 0.5 50 -21 2.9 -3.6
OALC OneAscent Large Cap Core ETF 0.5 86 -57 5.9 -0.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.5 21 8 3.9 -2.6
AIQ Global X Artificial Intelligence & Technology ETF 0.5 68 -39 4.2 -2.3
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.5 4 25 6.1 -0.3
OCEN IQ Clean Oceans ETF 0.4 45 -16 5.3 -1.2
SCHM Schwab U.S. Mid-Cap ETF 0.4 4 25 6.3 -0.1
IVOO Vanguard S&P Mid-Cap 400 ETF 0.4 10 19 6.9 +0.5
SAGP Strategas Global Policy Opportunities ETF 0.4 65 -36 4.5 -2.0
SOXX iShares Semiconductor ETF 0.4 35 -6 5.3 -1.2
VLU SPDR S&P 1500 Value Tilt ETF 0.4 12 17 7.1 +0.7
MOON Direxion Moonshot Innovators ETF 0.4 65 -36 0.0 -6.5
HERO Global X Video Games & Esports ETF 0.3 50 -21 5.1 -1.4
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 0.3 75 -46 5.2 -1.3
BULD Pacer BlueStar Engineering the Future ETF 0.3 60 -31 1.2 -5.3
FNDB Schwab Fundamental US Broad Market Index ETF 0.3 25 4 7.1 +0.6
IQM Franklin Intelligent Machines ETF 0.3 50 -21 3.1 -3.4
DFAU Dimensional US Core Equity Market ETF 0.3 12 17 5.4 -1.1
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.3 15 14 7.0 +0.5
SDY SPDR S&P Dividend ETF 0.3 35 -6 6.3 -0.2
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.3 29 0 9.1 +2.7
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.3 65 -36 1.6 -4.9
SMDY Syntax Stratified MidCap ETF 0.3 35 -6 6.3 -0.2
JVAL JPMorgan U.S. Value Factor ETF 0.3 12 17 8.4 +1.9
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.3 3 26 5.4 -1.0
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.3 40 -11 4.1 -2.3
JHMM John Hancock Multifactor Mid Cap ETF 0.3 42 -13 6.6 +0.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 29 0 6.3 -0.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 26 5.1 -1.3
DFUS Dimensional U.S. Equity ETF 0.3 9 20 5.1 -1.3
VTHR Vanguard Russell 3000 ETF 0.3 10 19 5.1 -1.4
IWV iShares Russell 3000 ETF 0.3 20 9 5.0 -1.5
VTI Vanguard Total Stock Market ETF 0.3 3 26 5.1 -1.4
SCHB Schwab U.S. Broad Market ETF 0.3 3 26 5.2 -1.3
VALQ American Century U.S. Quality Value ETF 0.3 29 0 7.5 +1.0
JRNY ALPS Global Travel Beneficiaries ETF 0.3 65 -36 0.0 -6.5
HKND Humankind US Stock ETF 0.2 11 18 7.0 +0.5
IDRV iShares Self-driving EV & Tech ETF 0.2 47 -18 -0.5 -7.0
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 20 5.1 -1.4
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.2 38 -9 6.8 +0.3
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.2 15 14 6.4 -0.0
IBLC iShares Blockchain and Tech ETF 0.2 47 -18 -1.0 -7.4
SOXQ Invesco PHLX Semiconductor ETF 0.2 19 10 5.1 -1.4
ONEO SPDR Russell 1000 Momentum Focus ETF 0.2 20 9 7.1 +0.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.2 12 17 4.5 -2.0
SHPP Pacer Industrials and Logistics ETF 0.2 60 -31 8.9 +2.4
TTAC FCF US Quality ETF 0.2 59 -30 6.5 +0.1
BOTZ Global X Robotics & Artificial Intelligence ETF 0.2 69 -40 2.3 -4.1
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 -10 7.3 +0.8
DHS WisdomTree U.S. High Dividend Fund 0.2 38 -9 8.8 +2.3
HAP VanEck Natural Resources ETF 0.2 50 -21 9.5 +3.0
IETC iShares U.S. Tech Independence Focused ETF 0.2 18 11 4.4 -2.0
ITAN Sparkline Intangible Value ETF 0.2 50 -21 6.2 -0.3
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.2 24 5 8.0 +1.5
AVLV Avantis U.S. Large Cap Value ETF 0.2 15 14 7.5 +1.0
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -31 3.8 -2.7
VT Vanguard Total World Stock ETF 0.1 7 22 5.8 -0.6
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.1 15 14 7.4 +1.0
SMMD iShares Russell 2500 ETF 0.1 15 14 6.0 -0.5
CLOD Themes Cloud Computing ETF 0.1 35 -6 3.7 -2.8
PRNT 3D Printing ETF 0.1 66 -37 -4.1 -10.5
IUS Invesco RAFI Strategic US ETF 0.1 19 10 7.3 +0.8
RAFE PIMCO RAFI ESG U.S. ETF 0.1 29 0 7.2 +0.7
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 4 7.1 +0.6
DON WisdomTree U.S. MidCap Dividend Fund 0.1 38 -9 8.6 +2.1
IWS iShares Russell Mid-Cap Value ETF 0.1 23 6 6.6 +0.1
KNCT Invesco Next Gen Connectivity ETF 0.1 40 -11 5.9 -0.6
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -46 3.8 -2.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.1 50 -21 10.5 +4.1
AFLG First Trust Active Factor Large Cap ETF 0.1 55 -26 6.2 -0.3
SCHK Schwab 1000 Index ETF 0.1 5 24 5.3 -1.2
IWR iShares Russell Midcap ETF 0.1 19 10 5.7 -0.8
DTD WisdomTree U.S. Total Dividend Fund 0.1 28 1 6.5 +0.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 20 5.7 -0.7
IYW iShares U.S. Technology ETF 0.1 40 -11 4.5 -2.0
DEW WisdomTree Global High Dividend Fund 0.1 58 -29 9.1 +2.6
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 12 7.1 +0.6
AIEQ AI Powered Equity ETF 0.0 75 -46 6.1 -0.4
TXS Texas Capital Texas Equity Index ETF 0.0 49 -20 5.6 -0.9
IYY iShares Dow Jones U.S. ETF 0.0 20 9 5.1 -1.4
HDUS Hartford Disciplined US Equity ETF 0.0 19 10 6.2 -0.3
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 15 5.4 -1.1
VONV Vanguard Russell 1000 Value ETF 0.0 8 21 6.7 +0.2
IWD iShares Russell 1000 Value ETF 0.0 19 10 6.6 +0.1
VIG Vanguard Dividend Appreciation ETF 0.0 6 23 5.8 -0.7
STXV Strive 1000 Value ETF 0.0 18 11 7.8 +1.3
STXG Strive 1000 Growth ETF 0.0 18 11 4.2 -2.3
DSI iShares MSCI KLD 400 Social ETF 0.0 25 4 5.1 -1.3
PFM Invesco Dividend Achievers ETF 0.0 53 -24 5.7 -0.8
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 18 5.2 -1.2
VONE Vanguard Russell 1000 ETF 0.0 8 21 5.2 -1.3
IWB iShares Russell 1000 ETF 0.0 15 14 5.1 -1.3
SCHG Schwab U.S. Large-Cap Growth ETF 0.0 4 25 4.3 -2.2
VOOG Vanguard S&P 500 Growth ETF 0.0 10 19 5.5 -1.0
VYM Vanguard High Dividend Yield Index ETF 0.0 6 23 7.3 +0.9
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 -20 6.0 -0.4
JHML John Hancock Multifactor Large Cap ETF 0.0 29 0 5.6 -0.8
DGRW WisdomTree US Quality Dividend Growth Fund 0.0 28 1 6.2 -0.3
DGRO iShares Core Dividend Growth ETF 0.0 8 21 6.5 +0.0
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 14 4.9 -1.6
VOO Vanguard S&P 500 ETF 0.0 3 26 5.3 -1.1
SCHX Schwab U.S. Large-Cap ETF 0.0 3 26 5.3 -1.2
VOOV Vanguard S&P 500 Value ETF 0.0 10 19 5.6 -0.9

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

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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 13.5 %
Divided by: Fwd. P/BV 2.0 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 6.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.43 CATEGORY
AVERAGE		 1.55
 
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.