Invesco Global Listed Private Equity ETF
ALTAR
Score™		 9.1% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 10.9x P/Sales
ratio		 2.3x
P/BV
ratio		 1.1x Div.
yield		 3.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Invesco Global Listed Private Equity Portfolio seeks investment results that correspond generally to the price and yield of the Red Rocks Listed Private Equity Index, which includes more than 30 U.S. publicly listed companies with direct investments in more than 1,000 private businesses.

FUND BASICS
Category Global Equities
Fund Sponsor Invesco PowerShares
Website www.powershares.com
Inception date Oct 24, 2006
Assets (mns) $236
Currency USD
Expense ratio 106 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 45
Wgt avg mkt cap (mns) $17,817
Large cap (>$10bn) 44.1%
Mid cap ($2-10bn) 40.8%
Small cap (<$2bn) 15.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
TPG INC 22.9 %
3I GROUP PLC 5.7 %
EURAZEO 4.7 %
SOFINA 4.6 %
KKR & CO LP 4.6 %
BLACKSTONE GROUP LP/THE 4.5 %
CARLYLE GROUP/THE 4.5 %
PARTNERS GROUP HOLDING AG 4.4 %
ONEX CORPORATION 4.4 %
EQT AB 4.3 %
Total 64.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 33.7 %
SWEDEN 8.3 %
BRITAIN 6.8 %
BELGIUM 5.8 %
SWITZERLAND 5.7 %
CANADA 4.9 %
FRANCE 4.7 %
JAPAN 3.7 %
MONACO 3.0 %
CAYMAN ISLANDS 0.8 %

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.
6.9% 596.2% 51.2% 25.8% 12.3%

Market Correlations
versus... Beta R-squared
S&P500 2.38 3%
MSCI EAFE 2.77 4%
MSCI Emg. Mkts. 4.12 8%

Technical Indicators
Recent close $63.01
30d moving avg. $55.49
Annualized volatility 250.8%
Short interest (ETF) 3.0%
Relative strength (RSI) 84

Liquidity measures
Avg. volume (thou.) 28
Turnover 0.8%
Bid/Ask (% of price) 0.56%
ADV underlying (mns) $1,622

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 456 potential alternatives to the Invesco Global Listed Private Equity ETF ETF based on the alternatives' overlap in portfolio holdings with PSP. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: PSP Expense: 106 bp ALTAR Score™: 9.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH PSP
Ticker Fund
Name		 Overlap1
vs PSP
(%)		 Expense
ratio
(bp)		 Savings
vs PSP
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs PSP
(%)
PEX ProShares Global Listed Private Equity ETF 30.9 81 25 12.2 +3.1
KCE SPDR S&P Capital Markets ETF 9.9 35 71 7.2 -1.9
BIZD VanEck BDC Income ETF 9.2 11 95 12.2 +3.2
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 6.7 60 46 7.7 -1.4
MOHR Collaborative Investment Series Trust - Mohr Growth ETF 6.2 106 0 3.0 -6.1
EUDV ProShares MSCI Europe Dividend Growers ETF 4.5 55 51 5.0 -4.1
EUFN iShares MSCI Europe Financials ETF 4.2 51 55 8.1 -1.0
IMOM Alpha Architect International Quantitative Momentum ETF 4.1 49 57 7.3 -1.8
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 3.9 75 31 3.8 -5.3
IYF iShares U.S. Financials ETF 3.5 40 66 6.3 -2.8
IYG iShares US Financial Services ETF 3.3 40 66 5.8 -3.3
FXO First Trust Financials AlphaDEX Fund 3.3 62 44 9.2 +0.1
PFI Invesco Dorsey Wright Financial Momentum ETF 3.0 60 46 6.2 -2.9
GFGF Guru Favorite Stocks ETF Guru Favorite Stocks Fund 2.9 65 41 3.8 -5.3
DIVZ TrueShares Low Volatility Equity Income ETF 2.9 65 41 8.6 -0.5
IPKW Invesco International BuyBack Achievers ETF 2.8 55 51 9.1 -0.0
FNCL Fidelity MSCI Financials Index ETF 2.7 8 98 6.5 -2.6
RFEU First Trust Riverfront Dynamic Europe ETF 2.6 83 23 8.7 -0.3
EFAD ProShares MSCI EAFE Dividend Growers ETF 2.6 50 56 5.1 -4.0
FKU First Trust United Kingdom AlphaDEX Fund 2.6 80 26 7.5 -1.6
VFH Vanguard Financials ETF 2.5 10 96 6.4 -2.7
MAGA Point Bridge America First ETF 2.4 72 34 6.3 -2.8
FLSW Franklin FTSE Switzerland ETF 2.2 9 97 5.1 -4.0
FEP First Trust Europe AlphaDEX Fund 2.1 80 26 8.6 -0.5
EWL iShares MSCI Switzerland ETF 2.1 50 56 4.1 -5.0
EWK iShares MSCI Belgium ETF 2.1 50 56 7.6 -1.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 2.1 47 59 5.9 -3.2
KBWD Invesco KBW High Dividend Yield Financial ETF 2.1 384 -278 8.5 -0.6
FFTY Innovator IBD 50 ETF 2.0 80 26 0.1 -9.0
AVIV Avantis International Large Cap Value ETF 2.0 25 81 8.9 -0.2
AMID Argent Mid Cap ETF Argent Mid Cap ETF 2.0 52 54 7.0 -2.1
OEUR ALPS O'Shares Europe Quality Dividend ETF 2.0 48 58 5.7 -3.4
GVIP Goldman Sachs Hedge Industry VIP ETF 2.0 45 61 4.6 -4.5
FTGS First Trust Growth Strength ETF 2.0 60 46 6.5 -2.6
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.0 39 67 4.9 -4.2
JIG JPMorgan International Growth ETF 1.9 55 51 4.3 -4.8
EWD iShares MSCI Sweden ETF 1.9 54 52 6.0 -3.1
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.8 47 59 10.3 +1.2
EWJV iShares MSCI Japan Value ETF 1.8 15 91 9.0 -0.1
GK AdvisorShares Gerber Kawasaki ETF 1.7 75 31 3.2 -5.9
NUDM Nuveen ESG International Developed Markets Equity ETF 1.7 31 75 6.4 -2.7
IQDF FlexShares International Quality Dividend Index Fund 1.7 47 59 10.7 +1.6
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 1.7 80 26 5.6 -3.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.7 24 82 8.6 -0.5
JOET Virtus Terranova US Quality Momentum ETF 1.7 29 77 5.2 -3.9
DON WisdomTree U.S. MidCap Dividend Fund 1.6 38 68 8.6 -0.5
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF 1.6 38 68 8.3 -0.8
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF 1.6 35 71 8.3 -0.7
IXG iShares Global Financials ETF 1.6 42 64 6.8 -2.3
GINN Goldman Sachs Innovate Equity ETF 1.6 52 54 2.7 -6.4
DMXF iShares ESG Advanced MSCI EAFE ETF 1.6 12 94 5.4 -3.7
ACTV LeaderShares Activist Leaders ETF 1.6 75 31 8.1 -1.0
XLF Financial Select Sector SPDR Fund 1.5 9 97 6.0 -3.1
IDHQ Invesco S&P International Developed High Quality ETF 1.5 29 77 5.8 -3.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.5 42 64 6.8 -2.3
IQDG WisdomTree International Quality Dividend Growth Fund 1.5 42 64 5.8 -3.3
IQLT iShares MSCI Intl Quality Factor ETF 1.5 30 76 5.7 -3.4
DBJP Xtrackers MSCI Japan Hedged Equity ETF 1.5 47 59 6.6 -2.5
JPXN iShares JPX-Nikkei 400 ETF 1.5 48 58 7.5 -1.6
HDV iShares Core High Dividend ETF 1.5 8 98 8.1 -1.0
CGGO Capital Group Global Growth Equity ETF 1.5 47 59 4.3 -4.8
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.5 58 48 5.6 -3.5
FPXE First Trust IPOX Europe Equity Opportunities ETF 1.4 70 36 4.6 -4.5
EWU iShares MSCI United Kingdom ETF 1.4 50 56 7.8 -1.3
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.4 25 81 8.8 -0.2
FDMO Fidelity Momentum Factor ETF 1.4 15 91 3.7 -5.4
EWJ iShares MSCI Japan ETF 1.4 50 56 6.7 -2.4
DURA VanEck Durable High Dividend ETF 1.4 29 77 7.3 -1.8
VXF Vanguard Extended Market ETF 1.4 6 100 3.9 -5.2
RSPF Invesco S&P 500 Equal Weight Financials ETF 1.3 40 66 7.1 -2.0
TTAI FCF International Quality ETF 1.3 59 47 7.4 -1.7
BBJP JPMorgan BetaBuilders Japan ETF 1.3 19 87 7.1 -2.0
IXP iShares Global Comm Services ETF 1.3 42 64 5.3 -3.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.3 12 94 5.1 -4.0
RFV Invesco S&P Midcap 400 Pure Value ETF 1.3 35 71 8.8 -0.3
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 1.3 25 81 7.4 -1.7
FLJP Franklin FTSE Japan ETF 1.2 9 97 7.1 -2.0
JHMD John Hancock Multifactor Developed International ETF 1.2 39 67 7.4 -1.7
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 1.2 9 97 9.8 +0.7
FDT First Trust Developed Markets ex-US AlphaDEX Fund 1.2 80 26 10.8 +1.7
FPX First Trust US Equity Opportunities ETF 1.2 61 45 0.6 -8.5
XMLV Invesco S&P MidCap Low Volatility ETF 1.2 25 81 6.9 -2.2
RNSC Furst Trust Small Cap US Equity Select ETF 1.2 60 46 8.4 -0.7
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.2 20 86 6.9 -2.2
FLJH Franklin FTSE Japan Hedged ETF 1.2 9 97 6.9 -2.2
FLGB Franklin FTSE United Kingdom ETF 1.2 9 97 8.3 -0.8
PRAY FIS Christian Stock Fund 1.1 69 37 5.9 -3.2
JIRE JPMorgan International Research Enhanced Equity ETF 1.1 24 82 6.7 -2.4
FEUZ First Trust Eurozone AlphaDEX ETF 1.1 80 26 8.3 -0.8
PDP Invesco Dorsey Wright Momentum ETF 1.1 62 44 3.7 -5.4
LSAF LeaderShares AlphaFactor US Core Equity ETF 1.1 75 31 6.7 -2.4
SPHB Invesco S&P 500 High Beta ETF 1.1 25 81 5.0 -4.1
SOCL Global X Social Media ETF 1.1 65 41 -5.8 -14.9
IBUY Amplify Online Retail ETF 1.1 65 41 1.8 -7.3
FXL First Trust Technology AlphaDEX Fund 1.1 61 45 4.1 -5.0
JGRO JPMorgan Active Growth ETF 1.0 44 62 3.4 -5.7
ESGD iShares ESG Aware MSCI EAFE ETF 1.0 20 86 6.3 -2.8
QINT American Century Quality Diversified International ETF 1.0 39 67 7.4 -1.7
USVT US Value ETF 1.0 49 57 11.3 +2.2
EUDG WisdomTree Europe Quality Dividend Growth Fund 1.0 58 48 6.0 -3.1
FYLD Cambria Foreign Shareholder Yield ETF 1.0 59 47 12.0 +2.9
RFDI First Trust Riverfront Dynamic Developed International ETF 1.0 83 23 9.0 -0.1
SFYX SoFi Next 500 ETF 1.0 0 106 5.6 -3.5
ISMD Inspire Small/Mid Cap ETF 1.0 54 52 6.1 -3.0
OSCV Opus Small Cap Value ETF 1.0 79 27 6.4 -2.7
WWJD Inspire International ETF 1.0 80 26 7.1 -2.0
QGRW WisdomTree U.S. Quality Growth Fund 1.0 28 78 4.7 -4.4
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 1.0 38 68 6.7 -2.4
SMCP AlphaMark Actively Managed Small Cap ETF 1.0 90 16 6.8 -2.3
EFV iShares MSCI EAFE Value ETF 1.0 34 72 9.1 +0.0
IDMO Invesco S&P International Developed Momentum ETF 0.9 25 81 7.0 -2.1
HAPI Harbor Human Capital Factor US Large Cap ETF 0.9 36 70 4.8 -4.3
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.9 12 94 7.3 -1.8
DWLD Davis Select Worldwide ETF 0.9 63 43 5.6 -3.5
FDEV Fidelity International Multifactor ETF 0.9 18 88 7.5 -1.6
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.9 25 81 7.4 -1.7
FTC First Trust Large Cap Growth AlphaDEX Fund 0.9 59 47 2.8 -6.3
GSID Goldman Sachs MarketBeta International Equity ETF 0.9 20 86 6.7 -2.4
ISZE iShares MSCI Intl Size Factor ETF 0.9 30 76 6.6 -2.5
TPSC Timothy Plan US Small Cap Core ETF 0.9 52 54 7.6 -1.5
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.9 20 86 6.3 -2.8
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.9 30 76 4.7 -4.4
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.9 58 48 9.1 -0.0
SHRY First Trust Bloomberg Shareholder Yield ETF 0.9 60 46 6.9 -2.2
FDRR Fidelity Dividend ETF for Rising Rates 0.9 15 91 7.9 -1.2
IWS iShares Russell Mid-Cap Value ETF 0.9 23 83 6.6 -2.5
CGUS Capital Group Core Equity ETF 0.9 33 73 4.7 -4.4
BBEU JPMorgan BetaBuilders Europe ETF 0.8 9 97 6.7 -2.4
AVDE Avantis International Equity ETF 0.8 23 83 7.9 -1.2
IQIN IQ 500 International ETF 0.8 25 81 8.8 -0.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.8 36 70 6.4 -2.7
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 0.8 42 64 7.5 -1.6
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.8 35 71 7.6 -1.5
BKIE BNY Mellon International Equity ETF 0.8 4 102 6.9 -2.2
VIGI Vanguard International Dividend Appreciation ETF 0.8 15 91 5.6 -3.5
EFA iShares MSCI EAFE ETF 0.8 35 71 6.4 -2.7
SPEU SPDR Portfolio Europe ETF 0.8 7 99 6.6 -2.5
JSML Janus Henderson Small Cap Growth Alpha ETF 0.8 30 76 9.3 +0.2
FSZ First Trust Switzerland AlphaDEX Fund 0.8 80 26 4.1 -5.0
VFMO Vanguard U.S. Momentum Factor ETF 0.8 13 93 2.8 -6.3
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.8 9 97 4.0 -5.1
HFXI IQ FTSE International Equity Currency Neutral ETF 0.8 20 86 6.8 -2.3
IPAC iShares Core MSCI Pacific ETF 0.8 9 97 6.7 -2.4
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.8 70 36 1.8 -7.3
FQAL Fidelity Quality Factor ETF 0.8 15 91 5.9 -3.2
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 0.8 20 86 10.7 +1.6
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 0.8 48 58 5.6 -3.5
IWR iShares Russell Midcap ETF 0.8 19 87 5.7 -3.4
DIVI Franklin International Core Dividend Tilt Index ETF 0.8 9 97 8.0 -1.1
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 0.8 25 81 7.7 -1.4
UIVM VictoryShares International Value Momentum ETF 0.8 35 71 10.7 +1.6
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.8 64 42 2.1 -7.0
JPIN J.P. Morgan Diversified Return International Equity ETF 0.8 37 69 8.7 -0.4
KNCT Invesco Next Gen Connectivity ETF 0.8 40 66 5.9 -3.2
FLEE Franklin FTSE Europe ETF 0.7 9 97 6.8 -2.3
BFOR ALPS Barron's 400 ETF 0.7 65 41 6.6 -2.5
SCHV Schwab U.S. Large-Cap Value ETF 0.7 4 102 6.7 -2.4
IEFA iShares Core MSCI EAFE ETF 0.7 7 99 2.7 -6.4
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.7 65 41 8.4 -0.7
SMDY Syntax Stratified MidCap ETF 0.7 35 71 6.3 -2.8
ILCV iShares Morningstar Value ETF 0.7 4 102 6.7 -2.4
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.7 46 60 6.3 -2.8
CGGR Capital Group Growth ETF 0.7 39 67 3.5 -5.6
VGK Vanguard FTSE Europe ETF 0.7 11 95 6.8 -2.3
IEUR iShares Core MSCI Europe ETF 0.7 11 95 -1.3 -10.4
FNK First Trust Mid Cap Value AlphaDEX Fund 0.7 70 36 9.2 +0.1
ISCG iShares Morningstar Small-Cap Growth ETF 0.7 6 100 2.5 -6.6
VBR Vanguard Small Cap Value ETF 0.7 7 99 8.2 -0.9
IEV iShares Europe ETF 0.7 67 39 6.1 -3.0
EFG iShares MSCI EAFE Growth ETF 0.7 36 70 4.1 -5.0
IMTM iShares MSCI Intl Momentum Factor ETF 0.7 30 76 6.8 -2.3
DGT SPDR Global Dow ETF 0.7 50 56 6.7 -2.4
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.7 35 71 6.4 -2.7
FNDF Schwab Fundamental International Large Co. Index ETF 0.7 25 81 9.1 -0.0
IDEV iShares Core MSCI International Developed Markets ETF 0.7 4 102 6.7 -2.4
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.7 29 77 8.8 -0.3
MGV Vanguard Mega Cap Value ETF 0.7 7 99 6.8 -2.3
SCHF Schwab International Equity ETF 0.7 6 100 7.0 -2.1
FNX First Trust Mid Cap Core AlphaDEX Fund 0.7 60 46 6.0 -3.1
IQSI IQ Candriam International Equity ETF 0.7 15 91 6.4 -2.7
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.7 14 92 5.4 -3.7
ISCF iShares International SmallCap Equity Factor ETF 0.7 23 83 8.8 -0.3
VB Vanguard Small-Cap ETF 0.7 5 101 5.4 -3.7
VPL Vanguard FTSE Pacific ETF 0.7 8 98 7.0 -2.1
VSGX Vanguard ESG International Stock ETF 0.7 12 94 6.8 -2.3
BKSE BNY Mellon US Small Cap Core Equity ETF 0.7 4 102 5.7 -3.4
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.7 20 86 4.5 -4.6
VYM Vanguard High Dividend Yield Index ETF 0.7 6 100 7.3 -1.8
RODE Hartford Multifactor Diversified International ETF 0.6 29 77 11.5 +2.5
VEA Vanguard FTSE Developed Markets ETF 0.6 5 101 7.0 -2.1
FYT First Trust Small Cap Value AlphaDEX Fund 0.6 73 33 11.7 +2.6
SPDW SPDR Portfolio Developed World ex-US ETF 0.6 3 103 6.9 -2.2
IJJ iShares S&P Mid-Cap 400 Value ETF 0.6 18 88 8.2 -0.9
MDYV SPDR S&P 400 Mid Cap Value ETF 0.6 15 91 8.2 -0.8
VBK Vanguard Small-Cap Growth ETF 0.6 7 99 1.5 -7.6
SCHC Schwab International Small-Cap Equity ETF 0.6 11 95 6.4 -2.7
DHS WisdomTree U.S. High Dividend Fund 0.6 38 68 8.8 -0.3
SCHA Schwab U.S. Small-Cap ETF 0.6 4 102 4.9 -4.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.6 45 61 8.5 -0.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.6 20 86 5.6 -3.5
SIZE iShares MSCI USA Size Factor ETF 0.6 15 91 6.0 -3.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.6 39 67 7.3 -1.8
VTWV Vanguard Russell 2000 Value ETF 0.6 15 91 5.8 -3.3
DIHP Dimensional International High Profitability ETF 0.6 29 77 6.9 -2.2
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.6 68 38 5.3 -3.8
BLOK Amplify Transformational Data Sharing ETF 0.6 75 31 1.1 -8.0
BCDF Horizon Kinetics Blockchain Development ETF 0.6 85 21 -0.7 -9.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.6 41 65 6.7 -2.4
CIL VictoryShares International Volatility Wtd ETF 0.6 45 61 6.9 -2.2
IWN iShares Russell 2000 Value ETF 0.6 24 82 5.6 -3.5
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.6 9 97 5.0 -4.1
DTD WisdomTree U.S. Total Dividend Fund 0.6 28 78 6.5 -2.6
XJH iShares ESG Screened S&P Mid-Cap ETF 0.6 12 94 6.8 -2.3
ACWX iShares MSCI ACWI ex U.S. ETF 0.6 34 72 6.7 -2.4
FNDA Schwab Fundamental US Small Co. Index ETF 0.5 25 81 6.8 -2.3
INTF iShares International Equity Factor ETF 0.5 15 91 7.8 -1.3
VYMI Vanguard International High Dividend Yield ETF 0.5 22 84 9.7 +0.6
CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 0.5 51 55 6.8 -2.3
ISCB iShares Morningstar Small-Cap ETF 0.5 4 102 5.3 -3.8
IWP iShares Russell Mid-Cap Growth ETF 0.5 23 83 3.8 -5.3
CWI SPDR MSCI ACWI ex-US ETF 0.5 30 76 6.8 -2.3
TPIF Timothy Plan International ETF 0.5 62 44 6.7 -2.4
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.5 15 91 7.1 -2.0
FYX First Trust Small Cap Core AlphaDEX Fund 0.5 61 45 7.2 -1.9
MTUM iShares MSCI USA Momentum Factor ETF 0.5 15 91 3.7 -5.4
VTWO Vanguard Russell 2000 ETF 0.5 10 96 3.9 -5.2
SCHM Schwab U.S. Mid-Cap ETF 0.5 4 102 6.3 -2.8
IWM iShares Russell 2000 ETF 0.5 19 87 3.6 -5.5
ACVF American Conservative Values ETF 0.5 75 31 4.4 -4.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.5 14 92 6.2 -2.9
IVLU iShares MSCI Intl Value Factor ETF 0.5 30 76 10.6 +1.6
VEU Vanguard FTSE All-World ex-US Index Fund 0.5 8 98 7.2 -1.9
IXUS iShares Core MSCI Total International Stock ETF 0.5 7 99 6.9 -2.2
BLES Inspire Global Hope ETF 0.5 61 45 6.3 -2.8
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.5 15 91 6.3 -2.8
MDY SPDR S&P Midcap 400 ETF Trust 0.5 23 83 6.8 -2.3
VXUS Vanguard Total International Stock ETF 0.5 7 99 7.1 -2.0
EUSA iShares MSCI USA Equal Weighted ETF 0.5 9 97 6.2 -2.9
DLN WisdomTree U.S. LargeCap Dividend Fund 0.5 28 78 6.2 -2.9
IJH iShares Core S&P Mid-Cap ETF 0.5 5 101 6.9 -2.2
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.5 3 103 7.0 -2.1
URTH iShares MSCI World ETF 0.5 24 82 5.4 -3.7
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.5 30 76 6.8 -2.3
SVAL iShares US Small Cap Value Factor ETF 0.5 20 86 11.4 +2.3
IWO iShares Russell 2000 Growth ETF 0.5 24 82 1.4 -7.7
VTWG Vanguard Russell 2000 Growth ETF 0.4 15 91 1.7 -7.4
WRND IQ Global Equity R&D Leaders ETF 0.4 18 88 7.2 -1.9
FDVV Fidelity High Dividend ETF 0.4 15 91 8.9 -0.2
RAYD Rayliant Quantitative Developed Market Equity ETF 0.4 80 26 4.5 -4.6
STXK Strive Small-Cap ETF 0.4 18 88 5.5 -3.6
AFMC First Trust Active Factor Mid Cap ETF 0.4 65 41 7.5 -1.6
FEX First Trust Large Cap Core AlphaDEX Fund 0.4 59 47 5.6 -3.5
ONEY SPDR Russell 1000 Yield Focus ETF 0.4 20 86 10.0 +0.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.4 9 97 5.7 -3.4
FCOM Fidelity MSCI Communication Services Index ETF 0.4 8 98 4.8 -4.3
STXG Strive 1000 Growth ETF 0.4 18 88 4.2 -4.9
GWX SPDR S&P International Small Cap ETF 0.4 40 66 6.6 -2.5
KOKU Xtrackers MSCI Kokusai Equity ETF 0.4 9 97 5.5 -3.6
TOK iShares MSCI Kokusai ETF 0.4 26 80 5.3 -3.8
IWF iShares Russell 1000 Growth ETF 0.4 19 87 4.7 -4.4
FYC First Trust Small Cap Growth AlphaDEX Fund 0.4 71 35 0.9 -8.2
ACWI iShares MSCI ACWI ETF 0.4 32 74 5.5 -3.6
MGC Vanguard Mega Cap ETF 0.4 7 99 5.1 -4.0
VONG Vanguard Russell 1000 Growth ETF 0.4 8 98 4.8 -4.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.4 9 97 6.0 -3.1
DIVB iShares Core Dividend ETF 0.4 5 101 8.0 -1.1
VT Vanguard Total World Stock ETF 0.4 7 99 5.8 -3.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 57 6.7 -2.4
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 67 6.9 -2.2
EES WisdomTree U.S. SmallCap Fund 0.4 38 68 10.3 +1.2
IWY iShares Russell Top 200 Growth ETF 0.4 20 86 4.9 -4.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.4 20 86 6.7 -2.4
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.4 39 67 4.5 -4.6
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.4 25 81 5.7 -3.4
IWV iShares Russell 3000 ETF 0.4 20 86 5.0 -4.1
VOTE TCW Transform 500 ETF 0.4 5 101 5.2 -3.9
VOOG Vanguard S&P 500 Growth ETF 0.4 10 96 5.5 -3.6
VTI Vanguard Total Stock Market ETF 0.4 3 103 5.1 -4.0
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.4 15 91 4.9 -4.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.4 3 103 5.1 -4.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.4 2 104 5.3 -3.8
VTHR Vanguard Russell 3000 ETF 0.4 10 96 5.1 -4.0
BKLC BNY Mellon US Large Cap Core Equity ETF 0.4 0 106 5.3 -3.8
ETHO Etho Climate Leadership U.S. ETF 0.4 47 59 4.1 -5.0
SCHB Schwab U.S. Broad Market ETF 0.4 3 103 5.2 -3.9
IWB iShares Russell 1000 ETF 0.4 15 91 5.1 -4.0
STRV Strive 500 ETF 0.4 5 101 5.2 -3.9
SCHK Schwab 1000 Index ETF 0.4 5 101 5.3 -3.8
IYY iShares Dow Jones U.S. ETF 0.4 20 86 5.1 -4.0
VONE Vanguard Russell 1000 ETF 0.4 8 98 5.2 -3.9
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.4 30 76 7.6 -1.5
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.4 7 99 5.2 -3.9
VUG Vanguard Growth ETF 0.4 4 102 4.3 -4.8
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.4 39 67 7.6 -1.5
ILCB iShares Morningstar U.S. Equity ETF 0.4 3 103 5.3 -3.8
HLGE Hartford Longevity Economy ETF 0.4 44 62 6.6 -2.5
VOX Vanguard Communication Services ETF 0.4 10 96 5.1 -4.0
ISCV iShares Morningstar Small Cap Value ETF 0.4 6 100 8.1 -1.0
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.4 65 41 1.6 -7.5
SCHX Schwab U.S. Large-Cap ETF 0.4 3 103 5.3 -3.8
RWK Invesco S&P MidCap 400 Revenue ETF 0.3 39 67 8.7 -0.4
RVRB Reverb ETF 0.3 30 76 5.0 -4.1
IJK iShares S&P Mid-Cap 400 Growth ETF 0.3 17 89 5.8 -3.3
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.3 15 91 5.8 -3.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 95 5.2 -3.9
AVUS Avantis U.S. Equity ETF 0.3 15 91 6.0 -3.1
AVSC Avantis U.S Small Cap Equity ETF 0.3 25 81 5.4 -3.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.3 7 99 6.5 -2.6
VV Vanguard Large-Cap ETF 0.3 4 102 5.2 -3.9
PBUS Invesco MSCI USA ETF 0.3 4 102 5.3 -3.8
CFA VictoryShares US 500 Volatility Wtd ETF 0.3 35 71 6.0 -3.1
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.3 40 66 5.9 -3.2
SFY SoFi Select 500 ETF 0.3 0 106 5.2 -3.9
FAB First Trust Multi Cap Value AlphaDEX Fund 0.3 67 39 9.2 +0.2
DES WisdomTree U.S. SmallCap Dividend Fund 0.3 38 68 8.1 -1.0
EQAL Invesco Russell 1000 Equal Weight ETF 0.3 20 86 6.0 -3.1
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.3 10 96 4.9 -4.2
PSC Principal U.S. Small-Cap ETF 0.3 38 68 6.6 -2.5
NANC Unusual Whales Subversive Democratic Trading ETF 0.3 75 31 3.8 -5.3
VTV Vanguard Value ETF 0.3 4 102 7.0 -2.1
IEUS iShares MSCI Europe Small-Cap ETF 0.3 42 64 0.0 -9.1
IWD iShares Russell 1000 Value ETF 0.3 19 87 6.6 -2.5
VONV Vanguard Russell 1000 Value ETF 0.3 8 98 6.7 -2.4
IMFL Invesco International Developed Dynamic Multifactor ETF 0.3 34 72 10.6 +1.5
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 102 6.1 -3.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.3 7 99 5.8 -3.3
SPXT ProShares S&P 500 Ex-Technology ETF 0.3 9 97 5.7 -3.4
MILN Global X Millennial Consumer ETF 0.3 50 56 2.4 -6.7
AFSM First Trust Active Factor Small Cap ETF 0.3 75 31 7.6 -1.5
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.3 12 94 4.5 -4.6
FSMD Fidelity Small-Mid Multifactor ETF 0.3 15 91 7.6 -1.5
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 89 7.1 -2.0
KRUZ Unusual Whales Subversive Republican Trading ETF 0.3 75 31 4.9 -4.2
JHSC John Hancock Multifactor Small Cap ETF 0.3 42 64 6.2 -2.9
ONEO SPDR Russell 1000 Momentum Focus ETF 0.3 20 86 7.1 -2.0
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.3 7 99 5.2 -3.9
IUSG iShares Core S&P U.S. Growth ETF 0.3 4 102 4.6 -4.5
GDEF Goldman Sachs Defensive Equity ETF 0.3 55 51 4.4 -4.7
IVW iShares S&P 500 Growth ETF 0.3 18 88 4.5 -4.6
SPYG SPDR Portfolio S&P 500 Growth ETF 0.3 4 102 4.6 -4.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 29 77 6.3 -2.8
STXV Strive 1000 Value ETF 0.3 18 88 7.8 -1.3
FLDZ RiverNorth Patriot ETF 0.3 75 31 5.8 -3.3
EWC iShares MSCI Canada ETF 0.3 50 56 6.9 -2.2
FNDB Schwab Fundamental US Broad Market Index ETF 0.3 25 81 7.1 -2.0
QWLD SPDR MSCI World StrategicFactors ETF 0.3 30 76 6.1 -3.0
EZM WisdomTree U.S. MidCap Fund 0.3 38 68 8.2 -0.9
DGRW WisdomTree US Quality Dividend Growth Fund 0.2 28 78 6.2 -2.9
JHML John Hancock Multifactor Large Cap ETF 0.2 29 77 5.6 -3.5
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 67 7.3 -1.8
EWUS iShares MSCI United Kingdom Small Cap ETF 0.2 59 47 6.2 -2.9
DISV Dimensional International Small Cap Value ETF 0.2 42 64 9.2 +0.1
GLOF iShares Global Equity Factor ETF 0.2 20 86 7.1 -2.0
IWL iShares Russell Top 200 ETF 0.2 15 91 5.0 -4.1
SPXV ProShares S&P 500 Ex-Health Care ETF 0.2 9 97 5.2 -3.9
DFE WisdomTree Europe SmallCap Dividend Fund 0.2 58 48 10.9 +1.8
FNDX Schwab Fundamental US Large Co. Index ETF 0.2 25 81 7.1 -2.0
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 97 5.1 -4.0
SCAP InfraCap Small Cap Income ETF 0.2 135 -29 7.2 -1.9
MGK Vanguard Mega Cap Growth ETF 0.2 7 99 4.4 -4.7
XVV iShares ESG Screened S&P 500 ETF 0.2 8 98 5.1 -4.0
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.2 15 91 7.6 -1.5
SMMD iShares Russell 2500 ETF 0.2 15 91 6.0 -3.1
DWM WisdomTree International Equity Fund 0.2 48 58 7.8 -1.3
SPXE ProShares S&P 500 Ex-Energy ETF 0.2 9 97 5.3 -3.8
QVML Invesco S&P 500 QVM Multi-factor ETF 0.2 11 95 5.2 -3.9
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.2 40 66 7.8 -1.3
DOL WisdomTree International LargeCap Dividend Fund 0.2 48 58 7.7 -1.4
AVDV Avantis International Small Cap Value ETF 0.2 36 70 8.0 -1.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.2 20 86 5.1 -4.0
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.2 3 103 5.4 -3.7
FDL First Trust Morningstar Dividend Leaders Index Fund 0.2 45 61 9.8 +0.7
DFUS Dimensional U.S. Equity ETF 0.2 9 97 5.1 -4.0
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 0.2 35 71 5.4 -3.7
SCZ iShares MSCI EAFE Small-Cap ETF 0.2 40 66 0.0 -9.1
SPY SPDR S&P 500 ETF Trust 0.2 9 97 5.2 -3.9
CATH Global X S&P 500 Catholic Values Custom ETF 0.2 29 77 5.1 -4.0
IVV iShares Core S&P 500 ETF 0.2 3 103 5.3 -3.8
VOO Vanguard S&P 500 ETF 0.2 3 103 5.3 -3.8
SPLG SPDR Portfolio S&P 500 ETF 0.2 2 104 5.3 -3.8
DFSU Dimensional US Sustainability Core 1 ETF 0.2 18 88 5.7 -3.4
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 86 6.2 -2.9
DFSI Dimensional International Sustainability Core 1 ETF 0.2 24 82 6.2 -2.9
DIM WisdomTree International MidCap Dividend Fund 0.2 58 48 7.7 -1.4
GSPY Gotham Enhanced 500 ETF 0.2 50 56 5.3 -3.8
IMCV iShares Morningstar Mid-Cap Value ETF 0.2 6 100 7.9 -1.2
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.2 10 96 5.4 -3.7
DFSV Dimensional US Small Cap Value ETF 0.2 31 75 8.9 -0.2
EWQ iShares MSCI France ETF 0.2 53 53 5.4 -3.7
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.2 24 82 7.8 -1.3
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.2 29 77 7.4 -1.7
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 17 4.8 -4.3
IUSV iShares Core S&P US Value ETF 0.2 4 102 6.8 -2.3
JHMM John Hancock Multifactor Mid Cap ETF 0.2 42 64 6.6 -2.5
FLEU Franklin FTSE Eurozone ETF 0.1 9 97 6.7 -2.4
DFIC Dimensional International Core Equity 2 ETF 0.1 23 83 7.4 -1.7
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 77 9.1 +0.0
SCJ iShares MSCI Japan Small-Cap ETF 0.1 50 56 6.4 -2.7
EZU iShares MSCI Eurozone ETF 0.1 52 54 6.2 -2.9
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 67 8.9 -0.2
APUE ActivePassive U.S. Equity ETF 0.1 45 61 5.0 -4.1
SPYV SPDR Portfolio S&P 500 Value ETF 0.1 4 102 6.7 -2.4
IVE iShares S&P 500 Value ETF 0.1 18 88 6.6 -2.5
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.1 10 96 4.8 -4.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 87 6.5 -2.6
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.1 45 61 6.2 -2.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 85 3.9 -5.2
DFAU Dimensional US Core Equity Market ETF 0.1 12 94 5.4 -3.7
VFVA Vanguard U.S. Value Factor ETF 0.1 13 93 10.6 +1.5
QGRO American Century U.S. Quality Growth ETF 0.1 29 77 5.8 -3.3
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 78 8.2 -0.8
IVOO Vanguard S&P Mid-Cap 400 ETF 0.1 10 96 6.9 -2.2
SSPY Syntax Stratified LargeCap ETF 0.1 30 76 6.5 -2.6
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 88 6.7 -2.4
IMCB iShares Morningstar Mid-Cap ETF 0.1 4 102 6.1 -3.0
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 91 6.1 -3.0
VFMV Vanguard U.S. Minimum Volatility ETF 0.1 13 93 5.4 -3.7
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 97 5.8 -3.3
DFAS Dimensional U.S. Small Cap ETF 0.1 26 80 6.0 -3.1
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 64 5.1 -4.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 31 4.7 -4.4
DFIS Dimensional International Small Cap ETF 0.1 39 67 6.7 -2.4
DFAI Dimensional International Core Equity Market ETF 0.1 18 88 6.9 -2.2
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.1 25 81 6.1 -3.0
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.1 20 86 8.0 -1.1
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 48 8.8 -0.3
VCR Vanguard Consumer Discretionary ETF 0.1 10 96 4.7 -4.4
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.1 8 98 4.9 -4.2
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 81 10.0 +1.0
RWL Invesco S&P 500 Revenue ETF 0.1 39 67 6.6 -2.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.1 30 76 7.8 -1.3
DEW WisdomTree Global High Dividend Fund 0.1 58 48 9.1 +0.0
USXF iShares ESG Advanced MSCI USA ETF 0.1 10 96 5.2 -3.9
PKW Invesco Buyback Achievers ETF 0.1 62 44 7.1 -2.0
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 89 5.7 -3.4
IEDI iShares U.S. Consumer Focused ETF 0.1 18 88 5.0 -4.1
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 0.0 15 91 5.4 -3.7
IYW iShares U.S. Technology ETF 0.0 40 66 4.5 -4.6
IGM iShares Expanded Tech Sector ETF 0.0 41 65 4.5 -4.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 86 5.1 -4.0
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 94 7.1 -2.0
DGRO iShares Core Dividend Growth ETF 0.0 8 98 6.5 -2.6
HKND Humankind US Stock ETF 0.0 11 95 7.0 -2.1
IUS Invesco RAFI Strategic US ETF 0.0 19 87 7.3 -1.8
DFUV Dimensional US Marketwide Value ETF -0.0 22 84 7.6 -1.5
DFLV Dimensional US Large Cap Value ETF -0.1 22 84 7.8 -1.3
DFIV Dimensional International Value ETF -0.1 27 79 9.8 +0.7
DEHP Dimensional Emerging Markets High Profitability ETF -0.1 41 65 7.3 -1.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF -0.1 41 65 7.8 -1.3
DFAE Dimensional Emerging Core Equity Market ETF -0.1 35 71 7.7 -1.4
DUHP Dimensional US High Profitability ETF -0.1 21 85 7.0 -2.1
DFAR Dimensional US Real Estate ETF -0.1 19 87 7.4 -1.7
CGRO CoreValues Alpha Greater China Growth ETF -0.1 75 31 2.6 -6.5
DFEM Dimensional Emerging Markets Core Equity 2 ETF -0.1 38 68 8.2 -0.9
DFEV Dimensional Emerging Markets Value ETF -0.1 43 63 10.9 +1.8
DFGR Dimensional Global Real Estate ETF -0.1 22 84 7.1 -2.0

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  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 Global Listed Private Equity ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.9 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 106 bp
Equals: ALTAR Score 9.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.42 CATEGORY
AVERAGE		 1.50
 
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.