Invesco Oil & Gas Services ETF
ALTAR
Score™		 6.1% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 13.1x P/Sales
ratio		 0.9x
P/BV
ratio		 1.6x Div.
yield		 4.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Invesco Dynamic Oil & Gas Services Sector Portfolio ETF tracks a tiered index of companies in the oil and gas services sector. The index uses a multifactor methodology to select holdings.

FUND BASICS
Category US Equities
Fund Sponsor Invesco
Website www.invesco.com
Inception date Oct 26, 2005
Assets (mns) $34
Currency USD
Expense ratio 63 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 26
Wgt avg mkt cap (mns) $8,298
Large cap (>$10bn) 24.4%
Mid cap ($2-10bn) 38.2%
Small cap (<$2bn) 34.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
WEATHERFORD INTERNATIONAL PL 5.8 %
SCHLUMBERGER LTD 5.5 %
TECHNIPFMC PLC 5.4 %
BAKER HUGHES COMPANY CLASS A 5.4 %
HALLIBURTON CO 5.3 %
NATIONAL OILWELL VARCO INC 5.3 %
ARCHROCK INC. 5.2 %
NOBLE CORP PLC 4.6 %
INNOVEX INTERNATIONAL INC 3.2 %
PROFRAC HOLDING CORP. CLASS A 3.1 %
Total 48.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 67.5 %
BRITAIN 8.1 %
SWITZERLAND 4.2 %
BERMUDA 2.8 %
MONACO 2.6 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
-4.6% -5.4% 8.7% -10.3% -5.3%

Market Correlations
versus... Beta R-squared
S&P500 2.23 2%
MSCI EAFE 2.40 2%
MSCI Emg. Mkts. 3.69 5%

Technical Indicators
Recent close $26.14
30d moving avg. $26.00
Annualized volatility 286.8%
Short interest (ETF) 2.6%
Short interest (Underlying) 5.3%
Relative strength (RSI) 44

Liquidity measures
Avg. volume (thou.) 14
Turnover 1.1%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $1,706

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 453 potential alternatives to the Invesco Oil & Gas Services ETF ETF based on the alternatives' overlap in portfolio holdings with PXJ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: PXJ Expense: 63 bp ALTAR Score™: 6.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH PXJ
Ticker Fund
Name		 Overlap1
vs PXJ
(%)		 Expense
ratio
(bp)		 Savings
vs PXJ
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs PXJ
(%)
XES SPDR S&P Oil & Gas Equipment & Services ETF 58.9 35 28 2.8 -3.2
IEZ iShares U.S. Oil Equipment & Services ETF 46.5 40 23 4.5 -1.6
OIH VanEck Oil Services ETF 41.6 35 28 4.2 -1.9
PSCE Invesco S&P SmallCap Energy ETF 29.2 29 34 10.9 +4.8
PXI Invesco Dorsey Wright Energy Momentum ETF 14.4 60 3 8.5 +2.5
RSPG Invesco S&P 500 Equal Weight Energy ETF 13.5 40 23 10.1 +4.1
FXN First Trust Energy AlphaDEX Fund 12.7 62 1 13.7 +7.7
FTXN First Trust Nasdaq Oil & Gas ETF 10.8 60 3 11.6 +5.5
FENY Fidelity MSCI Energy Index ETF 9.5 8 55 8.8 +2.8
VDE Vanguard Energy ETF 9.1 10 53 8.8 +2.7
BOAT SonicShares Global Shipping ETF 8.7 69 -6 31.6 +25.5
XLE Energy Select Sector SPDR Fund 8.6 8 55 8.6 +2.6
SFLO VictoryShares Small Cap Free Cash Flow ETF 8.4 49 14 12.7 +6.6
IYE iShares U.S. Energy ETF 8.2 40 23 8.6 +2.5
GRPZ Invesco S&P SmallCap 600 GARP ETF 7.8 35 28 3.1 -2.9
CALF Pacer US Small Cap Cash Cows 100 ETF 7.4 59 4 12.0 +5.9
COWS Amplify Cash Flow Dividend Leaders ETF 7.1 0 63 12.7 +6.7
EIPX FT Energy Income Partners Strategy ETF 6.7 95 -32 7.4 +1.3
IGE iShares North American Natural Resources ETF 6.3 41 22 7.7 +1.6
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 6.2 60 3 8.8 +2.7
COWZ Pacer US Cash Cows 100 ETF 6.1 49 14 9.5 +3.4
EQRR ProShares Equities for Rising Rates ETF 5.9 35 28 8.0 +1.9
ROKT SPDR S&P Kensho Final Frontiers ETF 5.2 45 18 3.0 -3.1
AVUV Avantis U.S. Small Cap Value ETF 4.7 25 38 10.8 +4.7
IXC iShares Global Energy ETF 4.6 44 19 9.8 +3.8
CCNR ALPS CoreCommodity Natural Resources ETF 4.4 39 24 11.0 +5.0
USAI Pacer American Energy Independence ETF 4.3 75 -12 4.5 -1.6
NANR SPDR S&P North American Natural Resources ETF 4.3 35 28 8.4 +2.3
AIEQ AI Powered Equity ETF 4.2 75 -12 4.1 -1.9
SMRI Bushido Capital US Equity ETF 4.1 71 -8 9.9 +3.9
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 4.1 35 28 9.2 +3.2
PEXL Pacer US Export Leaders ETF 4.0 60 3 5.4 -0.6
QVAL Alpha Architect US Quantitative Value ETF 4.0 39 24 10.3 +4.2
FLOW Global X U.S. Cash Flow Kings 100 ETF 3.8 25 38 9.9 +3.8
NVIR Horizon Kinetics Energy and Remediation ETF 3.7 85 -22 5.7 -0.4
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 3.7 38 25 10.1 +4.1
SIXS ETC 6 Meridian Small Cap Equity ETF 3.6 89 -26 9.4 +3.4
BSVO EA Bridgeway Omni Small-Cap Value ETF 3.6 47 16 9.8 +3.7
VFLO VictoryShares Free Cash Flow ETF 3.5 39 24 10.7 +4.7
ECML Euclidean Fundamental Value ETF 3.4 95 -32 13.1 +7.1
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 3.4 55 8 5.2 -0.9
RBLD First Trust Alerian US NextGen Infrastructure ETF 3.0 65 -2 5.9 -0.1
CVY Invesco Zacks Multi-Asset Income ETF 2.9 106 -43 10.9 +4.9
EIPI FT Energy Income Partners Enhanced Income ETF 2.9 110 -47 6.0 -0.1
AMLP Alerian MLP ETF 2.9 85 -22 8.5 +2.5
MLPA Global X MLP ETF 2.9 45 18 8.8 +2.7
GVLU Gotham 1000 Value ETF 2.9 50 13 9.1 +3.0
NDIV Amplify Natural Resources Dividend Income ETF 2.9 59 4 10.2 +4.2
TXS Texas Capital Texas Equity Index ETF 2.8 49 14 5.1 -0.9
SHRY First Trust Bloomberg Shareholder Yield ETF 2.7 60 3 7.9 +1.9
IJT iShares S&P Small-Cap 600 Growth ETF 2.6 18 45 5.1 -1.0
RZG Invesco S&P Smallcap 600 Pure Growth ETF 2.6 35 28 3.7 -2.3
FSMO Fidelity Small-Mid Cap Opportunities ETF 2.6 60 3 6.4 +0.4
SURE AdvisorShares Insiders Advantage ETF 2.6 90 -27 10.0 +3.9
XSMO Invesco S&P SmallCap Momentum ETF 2.6 39 24 5.3 -0.8
TPHD Timothy Plan High Dividend Stock ETF 2.5 52 11 6.9 +0.8
TPHE Timothy Plan High Dividend Stock Enhanced ETF 2.5 54 9 6.9 +0.8
PY Principal Value ETF 2.5 15 48 7.1 +1.1
DES WisdomTree U.S. SmallCap Dividend Fund 2.5 38 25 8.7 +2.6
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.5 15 48 5.3 -0.7
SLYG SPDR S&P 600 Small Cap Growth ETF 2.5 15 48 5.1 -0.9
MVPA Miller Value Partners Appreciation ETF 2.5 60 3 8.4 +2.3
SWP SWP Growth & Income ETF 2.5 99 -36 4.6 -1.5
EES WisdomTree U.S. SmallCap Fund 2.5 38 25 9.1 +3.1
CAML Congress Large Cap Growth ETF 2.4 66 -3 3.4 -2.7
HAPS Harbor Human Capital Factor US Small Cap ETF 2.4 60 3 4.4 -1.7
LYLD Cambria Large Cap Shareholder Yield ETF 2.4 59 4 9.8 +3.8
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 2.4 29 34 7.4 +1.4
FTA First Trust Large Cap Value AlphaDEX Fund 2.4 59 4 9.4 +3.4
EINC VanEck Energy Income ETF 2.3 48 15 5.0 -1.1
FNK First Trust Mid Cap Value AlphaDEX Fund 2.3 70 -7 12.3 +6.2
VFVA Vanguard U.S. Value Factor ETF 2.3 13 50 11.7 +5.6
NULV Nuveen ESG Large-Cap Value ETF 2.2 26 37 6.2 +0.1
DFSV Dimensional US Small Cap Value ETF 2.2 31 32 10.9 +4.9
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 2.2 59 4 6.1 0.0
FYC First Trust Small Cap Growth AlphaDEX Fund 2.2 71 -8 1.1 -5.0
IQM Franklin Intelligent Machines ETF 2.1 50 13 2.6 -3.4
LIVR Intelligent Livermore ETF 2.1 69 -6 8.2 +2.1
FTGS First Trust Growth Strength ETF 2.1 60 3 5.6 -0.5
NUSC Nuveen ESG Small-Cap ETF 2.1 31 32 5.3 -0.8
NUMV Nuveen ESG Mid-Cap Value ETF 2.1 31 32 6.4 +0.3
FDLS Inspire Fidelis Multi Factor ETF 2.0 76 -13 5.8 -0.3
MLPX Global X MLP & Energy Infrastructure ETF 2.0 45 18 5.0 -1.1
FAB First Trust Multi Cap Value AlphaDEX Fund 2.0 67 -4 10.1 +4.0
IJR iShares Core S&P Small Cap ETF 2.0 6 57 7.3 +1.3
PSC Principal U.S. Small-Cap ETF 2.0 38 25 6.9 +0.9
SIMS SPDR S&P Kensho Intelligent Structures ETF 2.0 45 18 7.7 +1.6
CSMD Congress SMid Growth ETF 2.0 69 -6 4.2 -1.8
STXK Strive Small-Cap ETF 1.9 18 45 5.5 -0.6
TPYP Tortoise North American Pipeline Fund 1.9 40 23 5.4 -0.7
DEEP Roundhill Acquirers Deep Value ETF 1.9 80 -17 19.9 +13.8
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.9 60 3 4.4 -1.7
SVAL iShares US Small Cap Value Factor ETF 1.9 20 43 11.0 +4.9
FTDS First Trust Dividend Strength ETF 1.9 70 -7 7.8 +1.8
VIOO Vanguard S&P Small-Cap 600 ETF 1.9 10 53 7.2 +1.2
SPSM SPDR Portfolio S&P 600 Small Cap ETF 1.9 3 60 7.4 +1.3
DIV Global X SuperDividend US ETF 1.9 45 18 10.1 +4.1
IMCV iShares Morningstar Mid-Cap Value ETF 1.9 6 57 7.9 +1.8
DSMC Distillate Small/Mid Cash Flow ETF 1.9 55 8 13.5 +7.5
QDIV Global X S&P 500 Quality Dividend ETF 1.8 20 43 8.2 +2.1
RWJ Invesco S&P SmallCap 600 Revenue ETF 1.8 39 24 9.8 +3.8
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 1.8 15 48 7.3 +1.3
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.8 60 3 8.5 +2.4
AVSC Avantis U.S Small Cap Equity ETF 1.8 25 38 6.6 +0.5
RFV Invesco S&P Midcap 400 Pure Value ETF 1.7 35 28 14.1 +8.0
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 1.7 30 33 7.6 +1.6
AFSM First Trust Active Factor Small Cap ETF 1.7 75 -12 7.0 +1.0
DFAT Dimensional U.S. Targeted Value ETF 1.7 28 35 10.0 +4.0
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.7 39 24 4.0 -2.0
IWN iShares Russell 2000 Value ETF 1.7 24 39 5.8 -0.3
AMZA InfraCap MLP ETF 1.7 164 -101 7.5 +1.4
BFOR ALPS Barron's 400 ETF 1.7 65 -2 6.2 +0.2
VTWV Vanguard Russell 2000 Value ETF 1.7 15 48 5.9 -0.1
ESIX SPDR S&P SmallCap 600 ESG ETF 1.6 12 51 5.9 -0.2
SFYX SoFi Next 500 ETF 1.6 0 63 3.6 -2.5
RZV Invesco S&P Smallcap 600 Pure Value ETF 1.6 35 28 10.9 +4.8
TPSC Timothy Plan US Small Cap Core ETF 1.6 52 11 7.2 +1.2
BIBL Inspire 100 ETF 1.6 35 28 4.7 -1.4
COPY Tweedy, Browne Insider + Value ETF 1.5 80 -17 12.6 +6.6
SQLV Royce Quant Small-Cap Quality Value ETF 1.5 60 3 9.6 +3.6
CSA VictoryShares US Small Cap Volatility Wtd ETF 1.5 35 28 4.7 -1.4
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 1.5 42 21 5.5 -0.6
JGLO JPMorgan Global Select Equity ETF 1.5 33 30 5.1 -0.9
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.4 65 -2 3.5 -2.6
VBK Vanguard Small-Cap Growth ETF 1.4 7 56 1.7 -4.3
LRGC AB US Large Cap Strategic Equities ETF 1.4 48 15 4.8 -1.3
EQAL Invesco Russell 1000 Equal Weight ETF 1.4 20 43 6.6 +0.5
IJS iShares S&P Small-Cap 600 Value ETF 1.4 18 45 9.4 +3.4
FNX First Trust Mid Cap Core AlphaDEX Fund 1.3 60 3 8.2 +2.1
RSSL Global X Russell 2000 ETF 1.3 8 55 3.6 -2.4
IWM iShares Russell 2000 ETF 1.3 19 44 3.6 -2.4
BKSE BNY Mellon US Small Cap Core Equity ETF 1.3 4 59 5.9 -0.2
FYX First Trust Small Cap Core AlphaDEX Fund 1.3 61 2 5.9 -0.2
VTWO Vanguard Russell 2000 ETF 1.3 10 53 3.8 -2.3
CGGR Capital Group Growth ETF 1.3 39 24 3.7 -2.4
FITE SPDR S&P Kensho Future Security ETF 1.3 45 18 2.8 -3.2
FEX First Trust Large Cap Core AlphaDEX Fund 1.3 59 4 6.5 +0.4
VIOV Vanguard S&P Small-Cap 600 Value ETF 1.3 15 48 9.3 +3.2
SLYV SPDR S&P 600 Small Cap Value ETF 1.3 15 48 9.5 +3.4
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 1.3 75 -12 3.5 -2.6
ONEY SPDR Russell 1000 Yield Focus ETF 1.3 20 43 9.1 +3.0
FESM Fidelity Enhanced Small Cap ETF 1.3 28 35 3.8 -2.2
VFMF Vanguard U.S. Multifactor ETF 1.3 18 45 8.5 +2.4
NUDV Nuveen ESG Dividend ETF 1.2 26 37 6.7 +0.6
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.2 35 28 6.9 +0.8
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.2 9 54 4.0 -2.1
EQIN Columbia US Equity Income ETF 1.2 35 28 6.8 +0.8
CGUS Capital Group Core Equity ETF 1.2 33 30 4.6 -1.4
DFAS Dimensional U.S. Small Cap ETF 1.2 26 37 6.9 +0.9
FNDA Schwab Fundamental US Small Co. Index ETF 1.2 25 38 6.6 +0.5
FDWM Fidelity Women's Leadership ETF 1.2 59 4 3.2 -2.9
GNR SPDR S&P Global Natural Resources ETF 1.2 40 23 11.4 +5.4
VOE Vanguard Mid-Cap Value ETF 1.2 7 56 7.2 +1.2
IQSM IQ Candriam U.S. Mid Cap Equity ETF 1.2 15 48 5.8 -0.2
IMCB iShares Morningstar Mid-Cap ETF 1.2 4 59 6.0 -0.1
AVLV Avantis U.S. Large Cap Value ETF 1.1 15 48 8.1 +2.1
QNXT iShares Nasdaq-100 ex Top 30 ETF 1.1 20 43 4.5 -1.6
XJR iShares ESG Screened S&P Small-Cap ETF 1.1 12 51 6.6 +0.5
EZM WisdomTree U.S. MidCap Fund 1.1 38 25 9.3 +3.3
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.1 58 5 4.3 -1.7
DFUV Dimensional US Marketwide Value ETF 1.1 22 41 8.1 +2.0
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.1 35 28 4.5 -1.5
FSST Fidelity Sustainable U.S. Equity ETF 1.1 59 4 4.4 -1.7
VRAI Virtus Real Asset Income ETF 1.1 55 8 7.5 +1.4
EBLU Ecofin Global Water ESG Fund 1.0 40 23 4.4 -1.6
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 1.0 52 11 5.6 -0.4
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 1.0 58 5 5.6 -0.4
FDG American Century Focused Dynamic Growth ETF 1.0 45 18 2.4 -3.7
DFLV Dimensional US Large Cap Value ETF 1.0 22 41 8.2 +2.1
NIXT Research Affiliates Deletions ETF 1.0 9 54 3.8 -2.2
SHUS Syntax Stratified U.S. Total Market Hedged ETF 1.0 65 -2 5.4 -0.7
SSPY Syntax Stratified LargeCap ETF 1.0 30 33 6.6 +0.5
WLDR Affinity World Leaders Equity ETF 1.0 67 -4 8.3 +2.3
SMLF iShares U.S. SmallCap Equity Factor ETF 1.0 15 48 6.0 -0.1
SPGP Invesco S&P 500 GARP ETF 1.0 34 29 9.6 +3.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.0 20 43 6.0 -0.0
VFQY Vanguard U.S. Quality Factor ETF 1.0 13 50 6.6 +0.6
IWO iShares Russell 2000 Growth ETF 1.0 24 39 1.5 -4.6
RFFC ALPS Active Equity Opportunity ETF 1.0 48 15 4.5 -1.5
VTWG Vanguard Russell 2000 Growth ETF 1.0 15 48 1.5 -4.5
AUSF Global X Adaptive U.S. Factor ETF 1.0 27 36 9.2 +3.1
IWS iShares Russell Mid-Cap Value ETF 1.0 23 40 6.5 +0.5
PTL Inspire 500 ETF 1.0 9 54 5.4 -0.7
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.9 17 46 5.7 -0.4
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.9 25 38 7.8 +1.7
SDIV Global X Superdividend ETF 0.9 58 5 13.9 +7.8
DIVG Invesco S&P 500 High Dividend Growers ETF 0.9 39 24 5.3 -0.8
PSET Principal Quality ETF 0.9 15 48 5.7 -0.3
RAYD Rayliant Quantitative Developed Market Equity ETF 0.9 80 -17 4.7 -1.3
SNPV Xtrackers S&P 500 Value ESG ETF 0.9 15 48 5.4 -0.7
FSMD Fidelity Small-Mid Multifactor ETF 0.9 15 48 7.0 +1.0
FTWO Strive FAANG 2.0 ETF 0.9 49 14 5.1 -0.9
KOMP SPDR S&P Kensho New Economies Composite ETF 0.9 20 43 3.7 -2.3
DFSU Dimensional US Sustainability Core 1 ETF 0.9 18 45 5.8 -0.2
QUAL iShares MSCI USA Quality Factor ETF 0.9 15 48 5.3 -0.7
VCLN Virtus Duff & Phelps Clean Energy ETF 0.9 59 4 6.2 +0.1
XSVM Invesco S&P SmallCap Value with Momentum ETF 0.9 36 27 10.3 +4.3
IBOT Vaneck Robotics ETF 0.9 47 16 4.6 -1.4
FFND Future Fund Active ETF 0.9 100 -37 4.7 -1.4
ISMD Inspire Small/Mid Cap ETF 0.9 54 9 4.7 -1.4
JOET Virtus Terranova US Quality Momentum ETF 0.9 29 34 5.0 -1.1
NULC Nuveen ESG Large-Cap ETF 0.9 21 42 5.0 -1.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.9 20 43 5.5 -0.5
STXV Strive 1000 Value ETF 0.8 18 45 7.5 +1.4
HDV iShares Core High Dividend ETF 0.8 8 55 6.7 +0.7
YALL God Bless America ETF 0.8 65 -2 4.3 -1.7
CGGO Capital Group Global Growth Equity ETF 0.8 47 16 5.0 -1.1
FUNL CornerCap Fundametrics Large-Cap ETF 0.8 50 13 7.3 +1.3
RNSC Furst Trust Small Cap US Equity Select ETF 0.8 60 3 6.7 +0.6
ISCG iShares Morningstar Small-Cap Growth ETF 0.8 6 57 2.7 -3.3
KOCG FIS Knights of Columbus Global Belief ETF 0.8 75 -12 5.4 -0.7
XMHQ Invesco S&P MidCap Quality ETF 0.8 25 38 7.1 +1.1
ISCB iShares Morningstar Small-Cap ETF 0.8 4 59 5.6 -0.4
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.8 14 49 5.2 -0.8
VYM Vanguard High Dividend Yield Index ETF 0.8 6 57 7.3 +1.2
VO Vanguard Mid-Cap ETF 0.8 4 59 5.6 -0.4
TTAC FCF US Quality ETF 0.8 59 4 6.1 +0.0
IWR iShares Russell Midcap ETF 0.8 19 44 5.8 -0.3
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.8 24 39 7.6 +1.6
ISCV iShares Morningstar Small Cap Value ETF 0.8 6 57 8.4 +2.3
CGV Conductor Global Equity Value ETF 0.8 130 -67 9.2 +3.1
AVUS Avantis U.S. Equity ETF 0.8 15 48 6.3 +0.3
JHSC John Hancock Multifactor Small Cap ETF 0.8 42 21 6.9 +0.8
INRO iShares U.S. Industry Rotation Active ETF 0.8 42 21 4.1 -1.9
VB Vanguard Small-Cap ETF 0.8 5 58 5.7 -0.3
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.7 60 3 2.1 -4.0
JHMM John Hancock Multifactor Mid Cap ETF 0.7 42 21 6.5 +0.4
EMLP First Trust North American Energy Infrastructure Fund 0.7 95 -32 5.1 -1.0
VAMO Cambria Value & Momentum ETF 0.7 61 2 6.8 +0.8
VXF Vanguard Extended Market ETF 0.7 6 57 4.5 -1.5
ONEO SPDR Russell 1000 Momentum Focus ETF 0.7 20 43 6.8 +0.7
QDF FlexShares Quality Dividend Index Fund 0.7 37 26 6.2 +0.1
QLV FlexShares US Quality Low Volatility Index Fund 0.7 22 41 5.8 -0.3
DURA VanEck Durable High Dividend ETF 0.7 29 34 8.5 +2.4
RWK Invesco S&P MidCap 400 Revenue ETF 0.7 39 24 10.2 +4.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.7 17 46 6.0 -0.0
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.7 40 23 4.0 -2.1
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.7 24 39 7.6 +1.5
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.7 15 48 4.3 -1.8
DGT SPDR Global Dow ETF 0.6 50 13 7.5 +1.4
HAP VanEck Natural Resources ETF 0.6 50 13 10.0 +4.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 54 6.1 +0.1
FYT First Trust Small Cap Value AlphaDEX Fund 0.6 73 -10 9.9 +3.9
ITAN Sparkline Intangible Value ETF 0.6 50 13 6.5 +0.5
LCF Touchstone US Large Cap Focused ETF 0.6 69 -6 4.6 -1.4
CGW Invesco S&P Global Water Index ETF 0.6 57 6 4.8 -1.3
RSP Invesco S&P 500 Equal Weight ETF 0.6 20 43 6.3 +0.3
VUSE Vident U.S. Equity Strategy ETF 0.6 50 13 4.8 -1.2
SCHA Schwab U.S. Small-Cap ETF 0.6 4 59 5.3 -0.8
GSPY Gotham Enhanced 500 ETF 0.6 50 13 5.5 -0.6
VFMO Vanguard U.S. Momentum Factor ETF 0.6 13 50 3.4 -2.7
IJJ iShares S&P Mid-Cap 400 Value ETF 0.6 18 45 8.6 +2.6
MDYV SPDR S&P 400 Mid Cap Value ETF 0.6 15 48 8.7 +2.6
SMCF Themes US Small Cap Cash Flow Champions ETF 0.6 29 34 11.8 +5.7
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.6 15 48 8.7 +2.6
ROSC Hartford Multifactor Small Cap ETF 0.6 34 29 9.0 +2.9
DFVX Dimensional US Large Cap Vector ETF 0.6 22 41 6.6 +0.5
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.6 4 59 6.1 +0.1
GVUS Marketbeta Russell 1000 Value Equity ETF 0.6 12 51 6.5 +0.5
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.6 15 48 4.3 -1.8
CFA VictoryShares US 500 Volatility Wtd ETF 0.6 35 28 6.1 0.0
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.6 40 23 6.0 -0.1
IWD iShares Russell 1000 Value ETF 0.6 19 44 6.5 +0.4
VONV Vanguard Russell 1000 Value ETF 0.6 8 55 6.6 +0.6
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.6 64 -1 2.4 -3.6
HLAL Wahed FTSE USA Shariah ETF 0.6 50 13 5.2 -0.9
FPX First Trust US Equity Opportunities ETF 0.5 61 2 1.3 -4.8
SUSA iShares MSCI USA ESG Select ETF 0.5 25 38 5.0 -1.1
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.5 39 24 5.4 -0.6
EUSA iShares MSCI USA Equal Weighted ETF 0.5 9 54 6.0 -0.1
IUSV iShares Core S&P US Value ETF 0.5 4 59 6.5 +0.4
FPAG FPA Global Equity ETF 0.5 49 14 6.3 +0.2
WCEO Hypatia Women CEO ETF 0.5 85 -22 -1.3 -7.4
BOTZ Global X Robotics & Artificial Intelligence ETF 0.5 69 -6 2.6 -3.4
IVE iShares S&P 500 Value ETF 0.5 18 45 6.2 +0.2
VOOV Vanguard S&P 500 Value ETF 0.5 10 53 6.3 +0.3
SIZE iShares MSCI USA Size Factor ETF 0.5 15 48 5.8 -0.3
SPYV SPDR Portfolio S&P 500 Value ETF 0.5 4 59 6.4 +0.3
IUS Invesco RAFI Strategic US ETF 0.5 19 44 7.1 +1.0
DCOR Dimensional US Core Equity 1 ETF 0.5 14 49 5.8 -0.2
RWL Invesco S&P 500 Revenue ETF 0.5 39 24 7.0 +1.0
EVUS iShares ESG Aware MSCI USA Value ETF 0.5 18 45 6.0 -0.1
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.5 9 54 5.0 -1.1
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.5 25 38 5.9 -0.2
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.5 70 -7 2.8 -3.3
SUSL iShares ESG MSCI USA Leaders ETF 0.5 10 53 5.3 -0.8
BLES Inspire Global Hope ETF 0.5 61 2 6.8 +0.8
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.5 10 53 5.3 -0.8
FTXR First Trust Nasdaq Transportation ETF 0.5 60 3 10.4 +4.3
SPVU Invesco S&P 500 Enhanced Value ETF 0.5 13 50 10.5 +4.5
IMCG iShares Morningstar Mid-Cap Growth ETF 0.5 6 57 4.1 -1.9
OSCV Opus Small Cap Value ETF 0.5 79 -16 6.7 +0.7
KLMN Invesco MSCI North America Climate ETF 0.5 9 54 5.3 -0.8
QDEF FlexShares Quality Dividend Defensive Index Fund 0.5 37 26 5.9 -0.1
IWC iShares Micro-Cap ETF 0.5 60 3 -1.1 -7.1
VLU SPDR S&P 1500 Value Tilt ETF 0.4 12 51 7.2 +1.1
DFAU Dimensional US Core Equity Market ETF 0.4 12 51 5.5 -0.5
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.4 15 48 7.3 +1.2
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.4 7 56 6.2 +0.2
XJH iShares ESG Screened S&P Mid-Cap ETF 0.4 12 51 7.0 +1.0
FCFY First Trust S&P 500 Diversified Free Cash Flow ETF 0.4 60 3 1.2 -4.9
FNDB Schwab Fundamental US Broad Market Index ETF 0.4 25 38 7.3 +1.2
OPTZ Optimize Strategy Index ETF 0.4 50 13 5.3 -0.8
SCHM Schwab U.S. Mid-Cap ETF 0.4 4 59 6.7 +0.6
EPS WisdomTree U.S. LargeCap Fund 0.4 8 55 6.1 +0.1
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.4 45 18 4.9 -1.1
ILCV iShares Morningstar Value ETF 0.4 4 59 6.7 +0.6
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 0.4 15 48 4.7 -1.4
IJH iShares Core S&P Mid-Cap ETF 0.4 5 58 7.4 +1.3
MDY SPDR S&P Midcap 400 ETF Trust 0.4 24 39 7.2 +1.1
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.4 3 60 7.4 +1.3
IVOO Vanguard S&P Mid-Cap 400 ETF 0.4 10 53 7.3 +1.3
PRF Invesco FTSE RAFI US 1000 ETF 0.4 39 24 7.0 +0.9
SMMD iShares Russell 2500 ETF 0.4 15 48 6.2 +0.2
DIVB iShares Core Dividend ETF 0.4 5 58 7.7 +1.6
FNDX Schwab Fundamental US Large Co. Index ETF 0.4 25 38 7.4 +1.3
JGRO JPMorgan Active Growth ETF 0.4 44 19 3.9 -2.2
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.4 8 55 5.3 -0.8
IWX iShares Russell Top 200 Value ETF 0.4 20 43 6.4 +0.4
SNPE Xtrackers S&P 500 ESG ETF 0.4 10 53 5.4 -0.7
SPXT ProShares S&P 500 Ex-Technology ETF 0.4 9 54 5.6 -0.5
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.4 7 56 5.2 -0.8
XMAG Defiance Large Cap ex-Mag 7 ETF 0.4 35 28 4.6 -1.4
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.4 32 31 5.2 -0.9
USMF WisdomTree U.S. Multifactor Fund 0.3 28 35 6.7 +0.7
SCHV Schwab U.S. Large-Cap Value ETF 0.3 4 59 6.8 +0.8
MGV Vanguard Mega Cap Value ETF 0.3 7 56 6.7 +0.7
FELV Fidelity Enhanced Large Cap Value ETF 0.3 18 45 6.8 +0.8
DEW WisdomTree Global High Dividend Fund 0.3 58 5 7.7 +1.7
JSML Janus Henderson Small Cap Growth Alpha ETF 0.3 30 33 8.6 +2.6
VTHR Vanguard Russell 3000 ETF 0.3 10 53 5.2 -0.9
IWV iShares Russell 3000 ETF 0.3 20 43 5.0 -1.0
VTV Vanguard Value ETF 0.3 4 59 6.9 +0.9
QVML Invesco S&P 500 QVM Multi-factor ETF 0.3 11 52 5.4 -0.7
DFUS Dimensional U.S. Equity ETF 0.3 9 54 5.3 -0.7
DSI iShares MSCI KLD 400 Social ETF 0.3 25 38 5.2 -0.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 60 5.2 -0.9
KLMT Invesco MSCI Global Climate 500 ETF 0.3 10 53 6.1 +0.0
DTD WisdomTree U.S. Total Dividend Fund 0.3 28 35 6.2 +0.2
VTI Vanguard Total Stock Market ETF 0.3 3 60 5.2 -0.9
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.3 3 60 5.5 -0.6
FDMO Fidelity Momentum Factor ETF 0.3 15 48 4.1 -2.0
QQQ Invesco QQQ Trust Series I 0.3 20 43 4.6 -1.5
SCHB Schwab U.S. Broad Market ETF 0.3 3 60 5.3 -0.8
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.3 19 44 6.5 +0.5
SPXN ProShares S&P 500 Ex-Financials ETF 0.3 9 54 5.0 -1.0
JHML John Hancock Multifactor Large Cap ETF 0.3 29 34 5.6 -0.4
QQQM Invesco NASDAQ 100 ETF 0.3 15 48 4.6 -1.4
XSHQ Invesco S&P SmallCap Quality ETF 0.3 29 34 8.4 +2.4
XVV iShares ESG Screened S&P 500 ETF 0.3 8 55 5.1 -0.9
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 46 6.9 +0.9
SPXV ProShares S&P 500 Ex-Health Care ETF 0.3 9 54 4.4 -1.6
ACVF American Conservative Values ETF 0.3 75 -12 4.5 -1.6
IWB iShares Russell 1000 ETF 0.3 15 48 5.2 -0.9
VONE Vanguard Russell 1000 ETF 0.3 8 55 5.3 -0.8
VBR Vanguard Small Cap Value ETF 0.3 7 56 8.5 +2.4
IYY iShares Dow Jones U.S. ETF 0.3 20 43 5.1 -0.9
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.3 95 -32 0.7 -5.3
VOT Vanguard Mid-Cap Growth ETF 0.3 7 56 3.7 -2.4
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.3 20 43 5.3 -0.8
SCHX Schwab U.S. Large-Cap ETF 0.3 3 60 5.3 -0.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 29 34 6.4 +0.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 52 5.2 -0.8
SCHK Schwab 1000 Index ETF 0.3 5 58 5.3 -0.7
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.3 20 43 5.0 -1.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.3 7 56 5.2 -0.9
CATH Global X S&P 500 Catholic Values Custom ETF 0.3 29 34 5.1 -1.0
IVV iShares Core S&P 500 ETF 0.3 3 60 5.3 -0.8
SPY SPDR S&P 500 ETF Trust 0.3 9 54 5.2 -0.8
VOO Vanguard S&P 500 ETF 0.3 3 60 5.3 -0.8
PBUS Invesco MSCI USA ETF 0.3 4 59 5.2 -0.8
SPLG SPDR Portfolio S&P 500 ETF 0.3 2 61 5.3 -0.7
CCMG CCM Global Equity ETF 0.3 34 29 8.5 +2.5
VV Vanguard Large-Cap ETF 0.3 4 59 5.2 -0.8
VOTE TCW Transform 500 ETF 0.3 5 58 5.2 -0.8
QGRO American Century U.S. Quality Growth ETF 0.3 29 34 3.8 -2.2
STRV Strive 500 ETF 0.2 5 58 5.2 -0.9
THRO iShares U.S. Thematic Rotation Active ETF 0.2 90 -27 4.4 -1.7
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 60 5.2 -0.8
SCHG Schwab U.S. Large-Cap Growth ETF 0.2 4 59 4.4 -1.7
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.2 15 48 5.1 -1.0
SIXL ETC 6 Meridian Low Beta Equity ETF 0.2 80 -17 5.7 -0.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 61 5.3 -0.8
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 63 5.3 -0.8
ADME Aptus Drawdown Managed Equity ETF 0.2 79 -16 4.3 -1.7
PKW Invesco Buyback Achievers ETF 0.2 62 1 8.0 +1.9
HAPI Harbor Human Capital Factor US Large Cap ETF 0.2 36 27 5.1 -0.9
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 51 4.8 -1.3
DON WisdomTree U.S. MidCap Dividend Fund 0.2 38 25 8.3 +2.3
NACP Impact Shares NAACP Minority Empowerment ETF 0.2 49 14 4.9 -1.1
SFY SoFi Select 500 ETF 0.2 0 63 4.8 -1.2
VUG Vanguard Growth ETF 0.2 4 59 4.3 -1.7
WOMN Impact Shares YWCA Women's Empowerment ETF 0.2 75 -12 5.2 -0.9
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 54 5.6 -0.5
QINT American Century Quality Diversified International ETF 0.2 39 24 7.6 +1.6
SAGP Strategas Global Policy Opportunities ETF 0.2 65 -2 5.3 -0.8
DLN WisdomTree U.S. LargeCap Dividend Fund 0.2 28 35 5.9 -0.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 54 6.1 +0.0
VT Vanguard Total World Stock ETF 0.2 7 56 6.3 +0.2
TOK iShares MSCI Kokusai ETF 0.2 26 37 5.2 -0.9
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 21 5.4 -0.6
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 54 5.5 -0.6
FMDE Fidelity Enhanced Mid Cap ETF 0.2 23 40 5.8 -0.3
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.2 27 36 6.1 +0.1
URTH iShares MSCI World ETF 0.2 24 39 5.5 -0.6
TAX Cambria Tax Aware ETF 0.2 49 14 5.4 -0.7
LRGF iShares U.S. Equity Factor ETF 0.2 8 55 5.8 -0.3
IJK iShares S&P Mid-Cap 400 Growth ETF 0.2 17 46 6.0 -0.0
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.2 12 51 4.5 -1.6
IWP iShares Russell Mid-Cap Growth ETF 0.2 23 40 3.7 -2.4
SHE SPDR MSCI USA Gender Diversity ETF 0.2 20 43 5.2 -0.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.2 21 42 4.3 -1.8
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.2 15 48 6.0 -0.0
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.2 15 48 6.0 -0.1
IGF iShares Global Infrastructure ETF 0.2 41 22 4.9 -1.2
GII SPDR S&P Global Infrastructure ETF 0.2 40 23 4.9 -1.2
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 48 5.1 -0.9
ACWI iShares MSCI ACWI ETF 0.2 32 31 6.0 -0.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.2 20 43 5.3 -0.7
MGC Vanguard Mega Cap ETF 0.1 7 56 5.1 -0.9
IWL iShares Russell Top 200 ETF 0.1 15 48 5.1 -1.0
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 14 5.9 -0.2
GINN Goldman Sachs Innovate Equity ETF 0.1 52 11 4.4 -1.7
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.1 12 51 8.1 +2.1
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 48 5.8 -0.3
RVRB Reverb ETF 0.1 30 33 3.7 -2.3
GWX SPDR S&P International Small Cap ETF 0.1 40 23 6.7 +0.7
BULD Pacer BlueStar Engineering the Future ETF 0.1 60 3 2.0 -4.0
IETC iShares U.S. Tech Independence Focused ETF 0.1 18 45 4.7 -1.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -12 3.7 -2.3
ILCG iShares Morningstar Growth ETF 0.1 4 59 4.1 -1.9
AFLG First Trust Active Factor Large Cap ETF 0.1 55 8 6.2 +0.1
SXQG ETC 6 Meridian Quality Growth ETF 0.1 100 -37 4.6 -1.5
FELC Fidelity Enhanced Large Cap Core ETF 0.1 18 45 5.6 -0.4
APUE ActivePassive U.S. Equity ETF 0.1 45 18 4.9 -1.1
LQPE PEO AlphaQuest Thematic PE ETF 0.1 125 -62 6.9 +0.8
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.1 30 33 7.0 +0.9
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 33 5.9 -0.1
REVS Columbia Research Enhanced Value ETF 0.1 19 44 7.6 +1.6
RECS Columbia Research Enhanced Core ETF 0.1 15 48 6.2 +0.1
IDMO Invesco S&P International Developed Momentum ETF 0.0 25 38 5.7 -0.3
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 60 7.5 +1.5
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 51 4.8 -1.2
DGRW WisdomTree US Quality Dividend Growth Fund 0.0 28 35 5.7 -0.3
AVSU Avantis Responsible U.S. Equity ETF 0.0 15 48 6.4 +0.4
DHS WisdomTree U.S. High Dividend Fund 0.0 38 25 7.8 +1.7
IWF iShares Russell 1000 Growth ETF 0.0 19 44 4.8 -1.3
VONG Vanguard Russell 1000 Growth ETF 0.0 8 55 4.9 -1.2
STXG Strive 1000 Growth ETF 0.0 18 45 4.2 -1.8
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 59 4.7 -1.4
DGRO iShares Core Dividend Growth ETF 0.0 8 55 6.6 +0.6
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 54 5.0 -1.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.0 30 33 8.6 +2.6

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

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RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
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
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Invesco Oil & Gas Services 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 10.2 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 63 bp
Equals: ALTAR Score 6.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.50 CATEGORY
AVERAGE		 1.58
 
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.