Invesco DWA Healthcare Momentum ETF
ALTAR
Score™
-3.4% info Recommen-
dation
AVOID
2021E    2022E
P/E
ratio
-412.7x P/Sales
ratio
1.9x
P/BV
ratio
9.3x Div.
yield
0.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Invesco DWA Healthcare Momentum Portfolio tracks an index of U.S. healthcare firms selected and weighted by price momentum.

FUND BASICS
Category US Equities
Fund Sponsor Invesco PowerShares
Website www.powershares.com
Inception date Oct 12, 2006
Assets (mns) $521
Currency USD
Expense ratio 60 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian BNY Mellon
Weighting Momentum
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 55
Wgt avg mkt cap (mns) $9,795
Large cap (>$10bn) 28.3%
Mid cap ($2-10bn) 30.7%
Small cap (<$2bn) 41.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MODERNA, INC. 8.0 %
IDEXX LABORATORIES INC 4.8 %
HORIZON PHARMA PLC 4.6 %
SHOCKWAVE MEDICAL, INC. 3.8 %
NATERA INC 3.5 %
CASSAVA SCIENCES, INC. 3.1 %
STAAR SURGICAL CO 3.1 %
CHARLES RIVER LABORATORIES 2.9 %
JOINT CORP 2.7 %
BIO-TECHNE CORPORATION 2.6 %
Total 39.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 91.0 %
IRELAND 6.8 %
BRITAIN 2.2 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
3.9% 36.0% 30.1% 18.2% 13.9%

Market Correlations
versus... Beta R-squared
S&P500 0.91 40%
MSCI EAFE 0.78 28%
MSCI Emg. Mkts. 0.81 37%

Technical Indicators
Recent close $168.75
30d moving avg. $166.62
Annualized volatility 26.8%
Short interest (ETF) 0.1%
Short interest (Underlying) 6.8%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 26
Turnover 0.8%
Bid/Ask (% of price) 0.15%
ADV underlying (mns) $4,567

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 448 potential alternatives to the Invesco DWA Healthcare Momentum ETF ETF based on the alternatives' overlap in portfolio holdings with PTH. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: PTH Expense: 60 bp ALTAR Score™: -3.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH PTH
Ticker Fund
Name
Overlap1
vs PTH
(%)
Expense
ratio
(bp)
Savings
vs PTH
(bp)
ALTAR
Score™
(%)
ALTAR
vs PTH
(%)
IBB iShares NASDAQ Biotechnology ETF 20.4 46 14 0.2 +3.6
HELX Franklin Genomic Advancements ETF 17.1 50 10 -0.6 +2.8
FXH First Trust Health Care AlphaDEX Fund 15.9 61 -1 5.3 +8.7
XHS SPDR S&P Health Care Services ETF 15.6 35 25 4.1 +7.5
PDP Invesco DWA Momentum ETF 14.6 62 -2 2.6 +6.0
DWAS Invesco DWA SmallCap Momentum ETF 14.6 60 0 -0.4 +3.0
BTEC Principal Healthcare Innovators Index ETF 14.0 42 18 -2.3 +1.1
QQQA ProShares Nasdaq-100 Dorsey Wright Momentum ETF 14.0 58 2 4.2 +7.7
BBH VanEck Vectors Biotech ETF 13.0 35 25 3.4 +6.8
IEIH iShares Evolved U.S. Innovative Healthcare ETF 12.9 18 42 4.0 +7.5
HTEC ROBO Global Healthcare Technology & Innovation ETF 12.9 68 -8 0.5 +3.9
PSCH Invesco S&P SmallCap Health Care ETF 12.6 29 31 2.7 +6.2
XHE SPDR S&P Health Care Equipment ETF 12.0 35 25 -0.2 +3.2
FBT First Trust NYSE Arca Biotechnology Index Fund 11.6 55 5 -0.8 +2.6
XBI SPDR S&P BIOTECH ETF 10.8 35 25 -1.2 +2.2
GERM ETFMG Treatments Testing and Advancements ETF 10.7 68 -8 -4.7 -1.2
RYH Invesco S&P 500 Equal Weight Health Care ETF 9.8 40 20 5.9 +9.3
IBBJ Defiance Nasdaq Junior Biotechnology ETF 9.2 45 15 0.0 +3.4
JHMH John Hancock Multifactor Healthcare ETF 9.0 40 20 5.4 +8.8
IDNA iShares Genomics Immunology & Healthcare ETF 8.5 47 13 -2.5 +0.9
FHLC Fidelity MSCI Health Care Index ETF 8.4 8 52 5.0 +8.4
BOUT Innovator IBD Breakout Opportunities ETF 8.3 80 -20 2.1 +5.6
VHT Vanguard Health Care Index Fund 8.3 10 50 5.0 +8.5
BBP BioShares Biotechnology Products Fund 7.7 79 -19 -1.9 +1.5
VFMO Vanguard U.S. Momentum Factor ETF 7.6 13 47 3.2 +6.6
FTC First Trust Large Cap Growth AlphaDEX Fund 7.4 60 0 2.6 +6.1
GNOM Global X Genomics & Biotechnology ETF 7.3 50 10 -2.2 +1.2
FEVR Inspire Faithward Large Cap Momentum ESG ETF 7.3 85 -25 3.4 +6.8
BMED BlackRock Future Health ETF 7.2 85 -25 -0.8 +2.7
VNSE Natixis Vaughan Nelson Select ETF 7.1 80 -20 2.4 +5.8
IYH iShares U.S. Healthcare ETF 7.1 43 17 5.7 +9.2
IWO iShares Russell 2000 Growth ETF 7.0 24 36 0.1 +3.5
VTWG Vanguard Russell 2000 Growth Index Fund 7.0 15 45 0.2 +3.6
FAD First Trust Multi Cap Growth AlphaDEX Fund 6.9 63 -3 1.8 +5.2
GLRY Inspire Faithward Mid Cap Momentum ESG ETF 6.9 85 -25 5.1 +8.5
FYC First Trust Small Cap Growth AlphaDEX Fund 6.8 71 -11 1.9 +5.3
RFG Invesco S&P Midcap 400 Pure Growth ETF 6.8 35 25 4.0 +7.4
IHI iShares U.S. Medical Devices ETF 6.7 42 18 3.0 +6.4
RPG Invesco S&P 500 Pure Growth ETF 6.6 35 25 2.9 +6.4
FNY First Trust Mid Cap Growth AlphaDEX Fund 6.3 70 -10 0.7 +4.1
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 6.3 60 0 4.1 +7.5
XLV Health Care Select Sector SPDR Fund 6.3 12 48 6.6 +10.1
XPH SPDR S&P Pharmaceuticals ETF 6.3 35 25 1.9 +5.3
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 6.2 24 36 6.0 +9.5
NUMG Nuveen ESG Mid-Cap Growth ETF 6.1 40 20 2.3 +5.7
QMOM Alpha Architect U.S. Quantitative Momentum ETF 6.1 49 11 4.0 +7.4
XMMO Invesco S&P MidCap Momentum ETF 6.1 34 26 3.5 +6.9
PAWZ ProShares Pet Care ETF 5.5 50 10 2.0 +5.4
DWMC AdvisorShares Dorsey Wright Micro-Cap ETF 5.5 132 -72 -1.5 +1.9
BBC Virtus LifeSci Biotech Clinical Trials ETF 5.5 79 -19 0.0 +3.4
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 5.5 30 30 6.2 +9.6
FDMO Fidelity Momentum Factor ETF 5.5 29 31 3.8 +7.2
IEHS iShares Evolved U.S. Healthcare Staples ETF 5.4 18 42 4.7 +8.1
XSMO Invesco S&P SmallCap Momentum ETF 5.4 39 21 3.9 +7.3
VOT Vanguard Mid-Cap Growth Index Fund 5.3 7 53 2.7 +6.1
QGRO American Century STOXX U.S. Quality Growth ETF 5.3 29 31 3.9 +7.3
MTUM iShares MSCI USA Momentum Factor ETF 5.2 15 45 4.2 +7.6
IQM Franklin Intelligent Machines ETF 5.2 50 10 1.8 +5.3
VIRS Pacer BioThreat Strategy ETF 5.0 70 -10 4.7 +8.1
AFSM First Trust Active Factor Small Cap ETF 4.8 77 -17 5.3 +8.7
IHF iShares U.S. Healthcare Providers ETF 4.8 42 18 6.6 +10.0
MOO VanEck Vectors Agribusiness ETF 4.8 56 4 4.3 +7.7
LCG Sterling Capital Focus Equity ETF 4.8 59 1 2.2 +5.6
ISCG iShares Morningstar Small-Cap Growth ETF 4.7 6 54 0.5 +3.9
VBK Vanguard Small-Cap Growth Index Fund 4.7 7 53 1.9 +5.3
AIEQ AI Powered Equity ETF 4.7 80 -20 -0.2 +3.3
FIW First Trust Water ETF 4.7 54 6 2.9 +6.4
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 4.5 39 21 3.8 +7.2
PSC Principal U.S. Small Cap Index ETF 4.5 38 22 4.9 +8.4
IWP iShares Russell Mid-Cap Growth ETF 4.5 24 36 2.8 +6.3
FFTY Innovator IBD 50 ETF 4.4 80 -20 5.8 +9.2
IJT iShares S&P Small-Cap 600 Growth ETF 4.4 18 42 4.7 +8.1
VIOG Vanguard S&P Small-Cap 600 Growth ETF 4.4 16 44 4.7 +8.1
SLYG SPDR S&P 600 Small Cap Growth ETF 4.4 15 45 4.8 +8.2
PWB Invesco Dynamic Large Cap Growth ETF 4.4 56 4 3.1 +6.5
IXJ iShares Global Healthcare ETF 4.4 46 14 5.9 +9.3
VUSE Vident Core US Equity Fund 4.4 48 12 6.8 +10.2
FTXH First Trust Nasdaq Pharmaceuticals ETF 4.3 60 0 -3.2 +0.2
PWC Invesco Dynamic Market ETF 4.2 58 2 5.7 +9.1
IWM iShares Russell 2000 ETF 4.2 19 41 2.6 +6.0
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 4.2 60 0 5.7 +9.1
VTWO Vanguard Russell 2000 Index Fund 4.2 10 50 2.7 +6.1
RZG Invesco S&P Smallcap 600 Pure Growth ETF 4.2 35 25 4.8 +8.3
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 4.1 9 51 3.4 +6.8
PEXL Pacer US Export Leaders ETF 4.0 60 0 3.7 +7.1
PZLG Puzzle Mature Growth 4.0 10 50 3.3 +6.7
STSB iShares Factors US Small Blend Style ETF 4.0 35 25 3.5 +6.9
RWJ Invesco S&P SmallCap 600 Revenue ETF 3.9 39 21 6.2 +9.6
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 3.9 29 31 0.8 +4.2
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 3.8 29 31 5.0 +8.4
VXF Vanguard Extended Market Index Fund 3.8 6 54 2.5 +6.0
ROSC Hartford Multifactor Small Cap ETF 3.8 34 26 6.8 +10.3
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 3.8 58 2 3.9 +7.3
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 3.8 35 25 4.1 +7.5
BFTR Future Innovators ETF 3.8 80 -20 -1.2 +2.2
QQQN VictoryShares Nasdaq Next 50 ETF 3.7 18 42 2.1 +5.6
HKND Humankind US Stock ETF 3.7 209 -149 3.7 +7.1
TUSA First Trust Total US Market AlphaDEX ETF 3.7 70 -10 5.7 +9.1
VFLQ Vanguard U.S. Liquidity Factor ETF 3.7 13 47 3.1 +6.6
IJK iShares S&P Mid-Cap 400 Growth ETF 3.7 17 43 4.3 +7.7
MDYG SPDR S&P 400 Mid Cap Growth ETF 3.7 15 45 4.3 +7.7
TECB iShares US Tech Breakthrough Multisector ETF 3.6 40 20 3.3 +6.7
FEX First Trust Large Cap Core AlphaDEX Fund 3.6 59 1 5.2 +8.6
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 3.6 15 45 4.3 +7.8
SBIO ALPS Medical Breakthroughs ETF 3.6 50 10 0.0 +3.4
COWZ Pacer US Cash Cows 100 ETF 3.6 49 11 8.8 +12.2
PBE Invesco Dynamic Biotechnology & Genome ETF 3.6 58 2 0.9 +4.3
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 3.5 20 40 4.2 +7.7
PJP Invesco Dynamic Pharmaceuticals ETF 3.4 56 4 11.8 +15.2
SCHA Schwab U.S. Small-Cap ETF 3.4 4 56 3.5 +6.9
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 3.4 30 30 5.1 +8.5
PSET Principal Price Setters Index ETF 3.4 15 45 4.7 +8.1
FNX First Trust Mid Cap Core AlphaDEX Fund 3.3 60 0 4.9 +8.4
ARKG ARK Genomic Revolution ETF 3.3 75 -15 -1.9 +1.5
BKSE BNY Mellon US Small Cap Core Equity ETF 3.3 4 56 4.1 +7.5
IWC iShares Micro-Cap ETF 3.2 60 0 -2.3 +1.1
MXDU Nationwide Maximum Diversification US Core Equity ETF 3.2 34 26 3.7 +7.1
ISCB iShares Morningstar Small-Cap ETF 3.2 4 56 3.0 +6.5
FYX First Trust Small Cap Core AlphaDEX Fund 3.2 63 -3 5.7 +9.1
IUSS Invesco Strategic US Small Company ETF 3.2 23 37 4.4 +7.8
XSVM Invesco S&P SmallCap Value with Momentum ETF 3.2 39 21 7.0 +10.4
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 3.1 60 0 6.1 +9.5
AFMC First Trust Active Factor Mid Cap ETF 3.1 65 -5 6.0 +9.5
SSLY Syntax Stratified SmallCap ETF 3.1 40 20 4.8 +8.2
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 3.1 30 30 5.1 +8.5
SFYF SoFi 50 ETF 3.1 29 31 -1.3 +2.2
EDOC-GB Global X Telemedicine & Digital Health UCITS ETF 3.1 68 -8 1.1 +4.6
EDOC Global X Telemedicine & Digital Health ETF 3.1 68 -8 -0.1 +3.3
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 3.0 20 40 7.1 +10.5
SFYX Sofi Next 500 ETF 3.0 0 60 4.5 +7.9
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 3.0 69 -9 4.2 +7.7
DFAS Dimensional U.S. Small Cap ETF 3.0 34 26 4.7 +8.1
VAMO Cambria Value & Momentum ETF 2.9 63 -3 5.0 +8.5
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.9 85 -25 3.5 +6.9
NKEF Sample Portfolio 2.9 0 60 3.4 +6.8
GURU Global X Guru Index ETF 2.9 75 -15 2.7 +6.2
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 2.9 24 36 5.5 +8.9
IMCG iShares Morningstar Mid-Cap Growth ETF 2.8 6 54 3.0 +6.4
VO Vanguard Mid-Cap Index Fund 2.8 4 56 4.3 +7.8
VB Vanguard Small-Cap ETF 2.8 5 55 4.3 +7.7
FPX First Trust US IPO Index Fund 2.8 57 3 0.9 +4.3
VFQY Vanguard U.S. Quality Factor ETF 2.8 13 47 5.0 +8.4
RNSC Small Cap US Equity Select ETF 2.8 60 0 5.8 +9.2
VIOO Vanguard S&P Small-Cap 600 ETF 2.7 10 50 5.6 +9.0
SPSM SPDR Portfolio S&P 600 Small Cap ETF 2.7 5 55 5.8 +9.2
XJR iShares ESG Screened S&P Small-Cap ETF 2.7 12 48 5.4 +8.9
SLY SPDR S&P 600 Small Cap ETF 2.7 15 45 5.7 +9.1
IJR iShares Core S&P Small Cap ETF 2.7 6 54 5.7 +9.1
DYNF BlackRock U.S. Equity Factor Rotation ETF 2.7 30 30 5.3 +8.7
HLGE Hartford Longevity Economy ETF 2.7 44 16 5.9 +9.3
ALFA AlphaClone Alternative Alpha ETF 2.7 65 -5 1.0 +4.5
PBSM Invesco PureBeta MSCI USA Small Cap ETF 2.7 6 54 3.9 +7.3
SMDY Syntax Stratified MidCap ETF 2.6 35 25 5.0 +8.4
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 2.6 17 43 3.8 +7.3
JOET Virtus Terranova US Quality Momentum ETF 2.6 29 31 4.6 +8.0
SPMD SPDR Portfolio Mid Cap ETF 2.5 5 55 5.5 +8.9
IVOO Vanguard S&P Mid-Cap 400 ETF 2.5 10 50 5.6 +9.0
IJH iShares Core S&P Mid-Cap ETF 2.5 5 55 5.5 +8.9
MDY SPDR S&P Midcap 400 ETF Trust 2.5 23 37 5.3 +8.8
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 2.5 7 53 3.8 +7.2
AIIQ AI Powered International Equity ETF 2.5 79 -19 2.5 +5.9
ISMD Inspire Small/Mid Cap Impact ETF 2.5 57 3 4.9 +8.3
JMOM JPMorgan U.S. Momentum Factor ETF 2.4 12 48 3.6 +7.0
STLG iShares Factors US Growth Style ETF 2.4 25 35 4.5 +7.9
MMLG First Trust Multi-Manager Large Growth ETF 2.4 85 -25 1.5 +5.0
QQQJ Invesco NASDAQ Next Gen 100 ETF 2.4 15 45 2.4 +5.9
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 2.3 20 40 3.6 +7.0
XJH iShares ESG Screened S&P Mid-Cap ETF 2.3 12 48 5.6 +9.0
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 2.3 35 25 5.1 +8.5
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 2.2 20 40 0.0 +3.4
STMB iShares Factors US Mid Blend Style ETF 2.2 30 30 5.4 +8.8
NUSC Nuveen ESG Small-Cap ETF 2.2 40 20 3.8 +7.2
VFMF Vanguard U.S. Multifactor ETF 2.2 19 41 7.0 +10.4
TPLC Timothy Plan US Large Cap Core ETF 2.2 52 8 4.5 +7.9
ISRA VanEck Vectors Israel ETF 2.2 62 -2 5.0 +8.4
NIFE Direxion Fallen Knives ETF 2.2 50 10 4.0 +7.4
ITEQ BlueStar Israel Technology ETF 2.2 75 -15 1.3 +4.8
FNDA Schwab Fundamental U.S. Small Co. Index ETF 2.2 25 35 4.8 +8.3
OUSM O'Shares FTSE Russell Small Cap Quality Dividend ETF 2.2 48 12 5.7 +9.1
IHE iShares U.S. Pharmaceuticals ETF 2.2 42 18 6.2 +9.6
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 2.2 40 20 5.2 +8.6
ANEW ProShares MSCI Transformational Changes ETF 2.2 45 15 2.6 +6.0
IWR iShares Russell Midcap ETF 2.1 19 41 4.5 +7.9
BIBL Inspire ETF 2.1 35 25 4.2 +7.6
FSMD Fidelity Small-Mid Factor ETF 2.1 29 31 5.9 +9.3
BFOR Barron's 400 ETF 2.1 70 -10 5.8 +9.2
JHSC John Hancock Multifactor Small Cap ETF 2.1 42 18 4.8 +8.2
JHMM John Hancock Multifactor Mid Cap ETF 2.1 42 18 4.6 +8.0
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 2.0 75 -15 3.7 +7.1
GVIP Goldman Sachs Hedge Industry VIP ETF 2.0 45 15 3.2 +6.7
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 2.0 21 39 2.9 +6.4
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 2.0 25 35 5.6 +9.0
EWMC Invesco S&P MidCap 400 Equal Weight ETF 2.0 40 20 5.4 +8.8
RWK Invesco S&P MidCap 400 Revenue ETF 2.0 39 21 6.3 +9.7
FDM First Trust Dow Jones Select Microcap Index Fund 1.9 60 0 3.2 +6.7
JSML Janus Henderson Small Cap Growth Alpha ETF 1.9 30 30 5.5 +8.9
MIDE Xtrackers S&P MidCap 400 ESG ETF 1.9 15 45 5.7 +9.2
RVRS Reverse Cap Weighted U.S. Large Cap ETF 1.9 29 31 5.3 +8.7
HART IQ Healthy Hearts ETF 1.9 45 15 4.1 +7.5
IPO Renaissance IPO ETF 1.9 60 0 0.0 +3.4
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 1.9 29 31 6.6 +10.1
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.8 65 -5 5.5 +8.9
QYLD Global X NASDAQ 100 Covered Call ETF 1.8 60 0 3.3 +6.7
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 1.8 9 51 4.9 +8.3
SIZE iShares MSCI USA Size Factor ETF 1.8 15 45 4.6 +8.1
EUSA iShares MSCI USA Equal Weighted ETF 1.8 15 45 4.6 +8.0
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 1.8 60 0 3.2 +6.6
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.8 80 -20 4.9 +8.3
AGNG Global X Aging Population ETF 1.8 50 10 3.2 +6.6
NUSI Nationwide Risk-Managed Income ETF 1.8 68 -8 3.2 +6.6
SCHM Schwab U.S. Mid-Cap ETF 1.8 4 56 4.7 +8.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 1.8 9 51 4.7 +8.1
QQQM Invesco NASDAQ 100 ETF 1.7 15 45 3.6 +7.0
QQQ Invesco QQQ Trust 1.7 20 40 3.6 +7.0
ISCV iShares Morningstar Small Cap Value ETF 1.7 6 54 5.3 +8.8
JQUA JPMorgan U.S. Quality Factor ETF 1.7 12 48 4.9 +8.3
JMIN JPMorgan U.S. Minimum Volatility ETF 1.7 12 48 5.3 +8.7
ILCG iShares Morningstar Growth ETF 1.7 4 56 3.0 +6.4
RYJ Invesco Raymond James SB-1 Equity ETF 1.7 76 -16 3.3 +6.7
EZM WisdomTree U.S. MidCap Earnings Fund 1.7 38 22 7.5 +10.9
PSJ Invesco Dynamic Software ETF 1.7 56 4 2.8 +6.2
KRMA Global X Conscious Companies ETF 1.7 43 17 4.8 +8.2
CSML IQ Chaikin U.S. Small Cap ETF 1.7 35 25 2.5 +5.9
TPSC Timothy Plan US Small Cap Core ETF 1.7 52 8 5.9 +9.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 1.7 30 30 5.5 +8.9
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 1.7 35 25 6.2 +9.7
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 1.7 35 25 6.2 +9.7
QLC FlexShares US Quality Large Cap Index Fund 1.7 32 28 4.6 +8.0
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 1.6 60 0 3.6 +7.0
NULC Nuveen ESG Large-Cap ETF 1.6 20 40 4.5 +7.9
VALQ American Century STOXX U.S. Quality Value ETF 1.6 29 31 6.7 +10.1
VONG Vanguard Russell 1000 Growth Index Fund 1.6 8 52 3.7 +7.1
SFY SoFi Select 500 ETF 1.6 0 60 4.3 +7.7
IWF iShares Russell 1000 Growth ETF 1.6 19 41 3.6 +7.0
DFAT Dimensional U.S. Targeted Value ETF 1.6 34 26 6.1 +9.5
CFA VictoryShares US 500 Volatility Weighted Index ETF 1.6 35 25 5.2 +8.6
FLQL Franklin LibertyQ U.S. Equity ETF 1.6 15 45 6.0 +9.4
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 1.6 35 25 5.2 +8.6
JPUS JPMorgan Diversified Return U.S. Equity ETF 1.6 18 42 5.8 +9.2
SPMO Invesco S&P 500 Momentum ETF 1.6 13 47 3.4 +6.8
AVUS Avantis U.S. Equity ETF 1.6 15 45 5.0 +8.4
IVOV Vanguard S&P Mid-Cap 400 Value ETF 1.5 15 45 6.7 +10.1
VUG Vanguard Growth Index Fund 1.5 4 56 3.5 +6.9
IJJ iShares S&P Mid-Cap 400 Value ETF 1.5 18 42 6.5 +9.9
SPGP Invesco S&P 500 GARP ETF 1.5 34 26 5.8 +9.2
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 1.5 15 45 5.8 +9.2
EES WisdomTree SmallCap Earnings Fund 1.5 38 22 7.6 +11.1
ONEO SPDR Russell 1000 Momentum Focus ETF 1.5 20 40 6.2 +9.6
MDYV SPDR S&P 400 Mid Cap Value ETF 1.5 15 45 6.5 +10.0
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.5 39 21 3.5 +6.9
SUSA iShares MSCI USA ESG Select ETF 1.5 25 35 4.2 +7.7
MIDF iShares Edge MSCI Multifactor USA Mid-Cap ETF 1.5 25 35 6.6 +10.1
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 1.5 35 25 4.9 +8.3
IMCB iShares Morningstar Mid-Cap ETF 1.5 4 56 4.6 +8.0
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 1.5 50 10 3.0 +6.4
BKMC BNY Mellon US Mid Cap Core Equity ETF 1.5 4 56 4.6 +8.0
XMVM Invesco S&P MidCap Value with Momentum ETF 1.4 39 21 8.5 +11.9
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 1.4 75 -15 3.1 +6.5
FCPI Fidelity Stocks for Inflation ETF 1.4 29 31 5.3 +8.8
CATH Global X S&P 500 Catholic Values Custom ETF 1.4 29 31 4.3 +7.7
SIXL 6 Meridian Low Beta Equity Strategy ETF 1.4 88 -28 4.4 +7.8
FQAL Fidelity Quality Factor ETF 1.4 29 31 4.7 +8.1
GBGR Global Beta Momentum-Growth ETF 1.4 29 31 3.1 +6.6
ROBO Robo Global Robotics & Automation Index ETF 1.4 95 -35 3.2 +6.6
VNMC Natixis Vaughan Nelson Mid Cap ETF 1.4 85 -25 6.1 +9.5
IUSG iShares Core S&P US Growth ETF 1.4 4 56 3.8 +7.3
ETHO Etho Climate Leadership U.S. ETF 1.4 48 12 3.8 +7.2
DFAC Dimensional U.S. Core Equity 2 ETF 1.4 19 41 4.9 +8.3
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 1.4 25 35 4.7 +8.2
SYE SPDR MFS Systematic Core Equity ETF 1.3 60 0 0.0 +3.4
RSP Invesco S&P 500 Equal Weight ETF 1.3 20 40 5.1 +8.5
BUZZ VanEck Vectors Social Sentiment ETF 1.3 75 -15 3.1 +6.5
ESGV Vanguard ESG U.S. Stock ETF 1.3 12 48 4.5 +7.9
VBR Vanguard Small Cap Value Index Fund 1.3 7 53 6.0 +9.4
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 1.3 60 0 6.0 +9.4
USXF iShares ESG Advanced MSCI USA ETF 1.3 10 50 4.5 +7.9
CLRG IQ Chaikin U.S. Large Cap ETF 1.3 25 35 5.0 +8.4
SCHG Schwab U.S. Large-Cap Growth ETF 1.3 4 56 3.2 +6.6
PRNT The 3D Printing ETF 1.3 66 -6 1.8 +5.3
SPYG SPDR Portfolio S&P 500 Growth ETF 1.2 4 56 3.8 +7.2
IVW iShares S&P 500 Growth ETF 1.2 18 42 3.7 +7.1
VIOV Vanguard S&P Small-Cap 600 Value ETF 1.2 15 45 6.5 +9.9
RESP WisdomTree US ESG Fund of Benef Interest 1.2 28 32 5.4 +8.8
SLYV SPDR S&P 600 Small Cap Value ETF 1.2 15 45 6.6 +10.0
IWN iShares Russell 2000 Value ETF 1.2 24 36 4.7 +8.1
VTWV Vanguard Russell 2000 Value Index Fund 1.2 15 45 4.8 +8.2
IJS iShares S&P Small-cap 600 Value ETF 1.2 18 42 6.5 +9.9
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 1.2 17 43 6.1 +9.5
CZA Invesco Zacks Mid-Cap ETF 1.2 69 -9 4.8 +8.3
HIPR Direxion High Growth ETF 1.2 40 20 3.4 +6.8
DFAU Dimensional US Core Equity Market ETF 1.2 12 48 4.7 +8.1
USMV iShares Edge MSCI Min Vol USA ETF 1.2 15 45 4.8 +8.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 1.2 12 48 4.4 +7.8
VTHR Vanguard Russell 3000 Index Fund 1.2 10 50 4.4 +7.8
IWV iShares Russell 3000 ETF 1.2 20 40 4.3 +7.7
SPHB Invesco S&P 500 High Beta ETF 1.2 25 35 4.0 +7.4
ROUS Hartford Multifactor US Equity ETF 1.2 19 41 5.4 +8.8
VTI Vanguard Total Stock Market Index Fund 1.2 3 57 4.3 +7.7
ACWF iShares MSCI Global Multifactor ETF 1.2 35 25 7.3 +10.8
TMFC Motley Fool 100 Index ETF 1.1 50 10 3.1 +6.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 1.1 3 57 4.3 +7.7
RFV Invesco S&P Midcap 400 Pure Value ETF 1.1 35 25 8.6 +12.0
JHML John Hancock Multifactor Large Cap ETF 1.1 29 31 4.7 +8.1
SCHB Schwab U.S. Broad Market ETF 1.1 3 57 4.4 +7.8
IQSU IQ Candriam ESG US Equity ETF 1.1 9 51 4.4 +7.8
DEMZ Advisors Inner Circle Fund III DEMZ Political Contributions 1.1 45 15 4.4 +7.8
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 1.1 64 -4 5.7 +9.1
DFUS Dimensional U.S. Equity ETF 1.1 11 49 4.5 +7.9
CBSE Changebridge Capital Sustainable Equity ETF 1.1 85 -25 0.8 +4.2
LSAF LeaderShares AlphaFactor US Core Equity ETF 1.1 75 -15 5.5 +8.9
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 1.1 29 31 5.9 +9.4
ACTV LeaderShares Activist Leaders ETF 1.1 75 -15 4.7 +8.1
CCON Direxion Connected Consumer ETF 1.1 45 15 2.9 +6.3
SQLV Legg Mason Small-Cap Quality Value 1.0 62 -2 5.3 +8.8
XOUT GraniteShares XOUT U.S. Large Cap ETF 1.0 60 0 3.8 +7.2
DSI iShares MSCI KLD 400 Social ETF 1.0 25 35 4.4 +7.8
SPXT ProShares S&P 500 Ex-Technology ETF 1.0 27 33 4.7 +8.2
BOSS Global X Founder-Run Companies ETF 1.0 45 15 2.5 +6.0
STLC iShares Factors US Blend Style ETF 1.0 25 35 5.3 +8.7
XSHQ Invesco S&P SmallCap Quality ETF 1.0 29 31 6.0 +9.4
SUSL iShares ESG MSCI USA Leaders ETF 1.0 10 50 4.6 +8.0
SCHK Schwab 1000 Index ETF 1.0 5 55 4.5 +7.9
DTEC ALPS Disruptive Technologies ETF 1.0 50 10 2.8 +6.2
DEF Invesco Defensive Equity ETF 1.0 53 7 5.3 +8.7
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 1.0 10 50 4.6 +8.1
FTLB First Trust Hedged BuyWrite Income ETF 1.0 85 -25 4.9 +8.4
EQAL Invesco Russell 1000 Equal Weight ETF 1.0 20 40 5.0 +8.4
FTHI First Trust High Income ETF 1.0 85 -25 5.0 +8.4
BUL Pacer US Cash Cows Growth ETF 1.0 60 0 5.0 +8.4
SPTM SPDR Portfolio Total Stock Market ETF 1.0 3 57 4.7 +8.1
QUAL iShares MSCI Usa Quality Factor ETF 1.0 15 45 4.5 +7.9
VONE Vanguard Russell 1000 ETF 1.0 8 52 4.5 +7.9
IWB iShares Russell 1000 ETF 1.0 15 45 4.4 +7.8
VOOG Vanguard S&P 500 Growth ETF 1.0 10 50 3.8 +7.2
ESGU iShares MSCI USA ESG Optimized ETF 1.0 15 45 4.5 +7.9
CALF Pacer US Small Cap Cash Cows 100 ETF 1.0 59 1 8.8 +12.2
SIXS 6 Meridian Small Cap Equity ETF 1.0 100 -40 6.2 +9.6
HLAL Wahed FTSE USA Shariah ETF 0.9 50 10 4.1 +7.5
PBUS Invesco PureBeta MSCI USA ETF 0.9 4 56 4.5 +7.9
IWY iShares Russell Top 200 Growth ETF 0.9 20 40 3.7 +7.2
ILCB iShares Morningstar U.S. Equity ETF 0.9 3 57 4.5 +7.9
XSLV Invesco S&P SmallCap Low Volatility ETF 0.9 25 35 5.3 +8.7
IYY iShares Dow Jones U.S. ETF 0.9 20 40 4.4 +7.8
QUS SPDR MSCI USA StrategicFactors ETF 0.9 15 45 5.0 +8.4
SYG SPDR MFS Systematic Growth Equity ETF 0.9 60 0 0.0 +3.4
SMMD iShares Russell 2500 ETF 0.9 15 45 4.8 +8.2
VFVA Vanguard U.S. Value Factor ETF 0.9 14 46 8.3 +11.7
AFLG First Trust Active Factor Large Cap ETF 0.9 55 5 5.0 +8.5
VV Vanguard Large-Cap Index Fund 0.9 4 56 4.5 +7.9
SPHQ Invesco S&P 500 Quality ETF 0.9 15 45 4.8 +8.3
SCHX Schwab U.S. Large-Cap ETF 0.9 3 57 4.5 +7.9
SPXN ProShares S&P 500 Ex-Financials ETF 0.9 27 33 4.2 +7.6
PBP Invesco S&P 500 BuyWrite ETF 0.9 49 11 4.3 +7.7
IVV iShares Core S&P 500 ETF 0.8 3 57 4.6 +8.1
SPY SPDR S&P 500 ETF Trust 0.8 9 51 4.6 +8.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.8 2 58 4.6 +8.0
SPLG SPDR Portfolio Large Cap ETF 0.8 3 57 4.7 +8.1
XYLG Global X S&P 500 Covered Call & Growth ETF 0.8 60 0 4.2 +7.6
DSTL Distillate US Fundamental Stability & Value ETF 0.8 39 21 6.2 +9.6
BLES Inspire Global Hope Large Cap ETF 0.8 52 8 4.9 +8.3
IWS iShares Russell Mid-Cap Value ETF 0.8 24 36 5.5 +8.9
PQSV PGIM QMA Strategic Alpha Small-Cap Value ETF 0.8 29 31 6.1 +9.5
MFMS Motley Fool Small-Cap Growth ETF 0.8 85 -25 0.7 +4.1
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 0.8 17 43 5.5 +8.9
BKLC BNY Mellon US Large Cap Core Equity ETF 0.8 0 60 4.5 +8.0
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.8 49 11 3.6 +7.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.8 7 53 4.5 +7.9
XMHQ Invesco S&P MidCap Quality ETF 0.8 25 35 5.9 +9.3
MGK Vanguard Mega Cap Growth ETF 0.8 7 53 3.6 +7.0
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.8 12 48 5.5 +9.0
RFFC RiverFront Dynamic US Flex-Cap ETF 0.8 52 8 4.3 +7.8
SPXE ProShares S&P 500 Ex-Energy ETF 0.8 27 33 4.5 +7.9
RECS Columbia Research Enhanced Core ETF 0.8 15 45 5.0 +8.4
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -29 4.6 +8.0
OLD The Long-Term Care ETF 0.7 30 30 4.8 +8.2
AVUV Avantis U.S. Small Cap Value ETF 0.7 25 35 6.7 +10.1
TOK iShares MSCI Kokusai ETF 0.7 25 35 4.7 +8.2
KOKU Xtrackers MSCI Kokusai Equity ETF 0.7 9 51 4.9 +8.3
KOMP SPDR Kensho New Economies Composite ETF 0.7 20 40 1.6 +5.0
CNCR Loncar Cancer Immunotherapy ETF 0.6 79 -19 -1.8 +1.6
VT Vanguard Total World Stock ETF 0.6 8 52 5.3 +8.7
RBUS Nationwide Risk-Based U.S. Equity ETF 0.6 30 30 4.8 +8.3
TTAC TrimTabs US Free Cash Flow Quality ETF 0.6 59 1 4.7 +8.2
QLV FlexShares US Quality Low Volatility Index Fund 0.6 22 38 3.9 +7.3
LOWC SPDR MSCI ACWI Low Carbon Target ETF 0.6 20 40 5.2 +8.6
URTH iShares MSCI World ETF 0.6 24 36 4.8 +8.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.6 20 40 5.2 +8.7
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.6 20 40 4.6 +8.0
VOO VANGUARD S&P 500 ETF 0.6 3 57 4.6 +8.1
XT iShares Exponential Technologies ETF 0.6 47 13 4.6 +8.0
LRGF iShares Edge MSCI Multifactor USA ETF 0.6 20 40 6.2 +9.6
XVV iShares ESG Screened S&P 500 ETF 0.5 8 52 4.6 +8.0
IWL iShares Russell Top 200 ETF 0.5 15 45 4.4 +7.8
ACWI iShares MSCI ACWI ETF 0.5 32 28 5.0 +8.5
LVOL American Century Low Volatility ETF 0.5 29 31 4.5 +7.9
NULG Nuveen ESG Large-Cap Growth ETF 0.5 35 25 2.9 +6.3
SCHV Schwab U.S. Large-Cap Value ETF 0.5 4 56 5.9 +9.3
SVAL iShares US Small Cap Value Factor ETF 0.5 20 40 7.8 +11.3
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.5 20 40 5.9 +9.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.5 20 40 4.5 +7.9
KNGS UPHOLDINGS Compound Kings ETF 0.5 60 0 2.7 +6.2
VLU SPDR S&P 1500 Value Tilt ETF 0.5 12 48 6.2 +9.6
MGC Vanguard Mega Cap Index Fund 0.4 7 53 4.5 +7.9
VEGN US Vegan Climate ETF 0.4 60 0 3.7 +7.1
IUSV iShares Core S&P U.S. Value ETF 0.4 4 56 6.1 +9.5
QWLD SPDR MSCI World StrategicFactors ETF 0.4 30 30 5.2 +8.6
BFIT Global X Health & Wellness ETF 0.4 50 10 3.7 +7.2
REVS Columbia Research Enhanced Value ETF 0.4 19 41 6.6 +10.1
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.4 65 -5 1.5 +4.9
PRF Invesco FTSE RAFI US 1000 ETF 0.4 39 21 5.7 +9.2
RNLC Large Cap US Equity Select ETF 0.4 60 0 5.0 +8.4
SHE SPDR SSGA Gender Diversity Index ETF 0.4 20 40 3.9 +7.3
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.4 25 35 5.6 +9.0
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.4 15 45 4.6 +8.0
ACVF American Conservative Values ETF 0.4 75 -15 4.0 +7.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.4 9 51 5.1 +8.6
IETC iShares Evolved U.S. Technology ETF 0.4 18 42 3.5 +6.9
ESG FlexShares STOXX US ESG Impact Index Fund 0.4 32 28 4.4 +7.8
IVE iShares S&P 500 Value ETF 0.4 18 42 5.9 +9.3
SPYV SPDR Portfolio S&P 500 Value ETF 0.4 4 56 6.1 +9.5
SNPE Xtrackers S&P 500 ESG ETF 0.3 10 50 4.5 +8.0
EFIV SPDR S&P 500 ESG ETF 0.3 10 50 4.6 +8.0
IUS Invesco Strategic US ETF 0.3 19 41 5.7 +9.1
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 0.3 15 45 0.0 +3.4
FNK First Trust Mid Cap Value AlphaDEX Fund 0.3 70 -10 7.5 +10.9
IWD iShares Russell 1000 Value ETF 0.3 19 41 5.8 +9.2
VONV Vanguard Russell 1000 Value Index Fund 0.3 8 52 5.9 +9.3
ACWV iShares MSCI Global Min Vol Factor ETF 0.3 20 40 5.1 +8.5
EPS WisdomTree U.S. Earnings 500 Fund 0.3 8 52 5.8 +9.3
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.2 25 35 5.6 +9.1
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.2 19 41 5.3 +8.7
USMF WisdomTree U.S. Multifactor Fund 0.2 28 32 6.7 +10.1
KLDW Gavekal Knowledge Leaders Developed World ETF 0.2 75 -15 3.7 +7.2
RWL Invesco S&P 500 Revenue ETF 0.2 39 21 5.8 +9.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 13 5.6 +9.0
SDG iShares Sustainable MSCI Global Impact ETF 0.2 49 11 6.4 +9.9
DIVB iShares U.S. Dividend & Buyback ETF 0.2 25 35 5.7 +9.1
GSPY Gotham Enhanced 500 ETF 0.2 50 10 4.6 +8.0
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.2 42 18 4.6 +8.0
ILCV iShares Morningstar Value ETF 0.1 4 56 6.1 +9.6
VOOV Vanguard S&P 500 Value ETF 0.1 10 50 6.0 +9.4
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 70 -10 7.5 +10.9
RAFE PIMCO RAFI ESG U.S. ETF 0.1 30 30 6.5 +9.9
STLV iShares Factors US Value Style ETF 0.0 25 35 6.7 +10.2
DTD WisdomTree U.S.Total Dividend Fund 0.0 28 32 6.1 +9.5
DLN WisdomTree U.S. LargeCap Dividend Fund 0.0 28 32 6.0 +9.4
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.0 28 32 6.0 +9.4
DES WisdomTree U.S. SmallCap Dividend Fund 0.0 38 22 6.4 +9.9

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%.

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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 DWA Healthcare Momentum 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 -25.9 %
Divided by: Fwd. P/BV 9.2 x
Less: Expense ratio 60 bp
Equals: ALTAR Score -3.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.33 CATEGORY
AVERAGE
1.49
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.