Invesco Oil & Gas Services ETF
ALTAR
Score™		 0.9% info Recommen-
dation		 AVOID
2024E    2025E
P/E
ratio		 14.4x P/Sales
ratio		 0.8x
P/BV
ratio		 2.0x Div.
yield		 3.1%


  • 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) $43
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 27
Wgt avg mkt cap (mns) $8,256
Large cap (>$10bn) 23.1%
Mid cap ($2-10bn) 38.3%
Small cap (<$2bn) 34.7%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
CORE LABORATORIES INC 7.7 %
BAKER HUGHES COMPANY CLASS A 6.5 %
TECHNIPFMC PLC 5.6 %
SCHLUMBERGER LTD 5.1 %
HALLIBURTON CO 5.0 %
NATIONAL OILWELL VARCO INC 4.8 %
PATTERSON-UTI ENERGY INC 4.7 %
WEATHERFORD INTERNATIONAL PL 4.1 %
KODIAK GAS SERVICES, INC. 3.9 %
SELECT ENERGY SERVICES, INC. CLASS 3.4 %
Total 50.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 74.9 %
BRITAIN 8.5 %
SWITZERLAND 4.1 %
BERMUDA 2.7 %
MONACO 2.2 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-2.3% -4.8% 46.9% 4.3% 4.0%

Market Correlations
versus... Beta R-squared
S&P500 2.12 2%
MSCI EAFE 2.45 2%
MSCI Emg. Mkts. 3.76 5%

Technical Indicators
Recent close $29.50
30d moving avg. $29.11
Annualized volatility 286.8%
Short interest (ETF) 0.0%
Short interest (Underlying) 5.3%
Relative strength (RSI) 41

Liquidity measures
Avg. volume (thou.) 17
Turnover 1.2%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $1,628

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 449 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™: 0.9%


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 64.1 35 28 -0.4 -1.3
IEZ iShares U.S. Oil Equipment & Services ETF 44.6 40 23 1.9 +1.0
OIH VanEck Oil Services ETF 40.0 35 28 2.1 +1.2
PXI Invesco Dorsey Wright Energy Momentum ETF 16.7 60 3 5.8 +4.9
RSPG Invesco S&P 500 Equal Weight Energy ETF 14.0 40 23 7.6 +6.7
FTXN First Trust Nasdaq Oil & Gas ETF 11.0 60 3 7.8 +6.9
FENY Fidelity MSCI Energy Index ETF 10.4 8 55 6.4 +5.5
FXN First Trust Energy AlphaDEX Fund 9.8 62 1 8.3 +7.4
VDE Vanguard Energy ETF 9.5 10 53 6.4 +5.5
XLE Energy Select Sector SPDR Fund 9.1 9 54 6.9 +6.0
COWS Amplify Cash Flow Dividend Leaders ETF 8.5 0 63 10.5 +9.6
IYE iShares U.S. Energy ETF 8.5 40 23 6.1 +5.2
BOAT SonicShares Global Shipping ETF 8.4 69 -6 34.8 +33.9
SFLO VictoryShares Small Cap Free Cash Flow ETF 7.5 49 14 10.2 +9.2
CALF Pacer US Small Cap Cash Cows 100 ETF 7.0 59 4 5.1 +4.1
EIPX FT Energy Income Partners Strategy ETF 6.9 95 -32 6.0 +5.1
OCTA Octane All-Cap Value Energy ETF 6.8 30 33 12.7 +11.8
IGE iShares North American Natural Resources ETF 6.5 41 22 6.1 +5.2
QVAL Alpha Architect US Quantitative Value ETF 6.4 39 24 10.4 +9.4
EQRR ProShares Equities for Rising Rates ETF 6.1 35 28 7.8 +6.9
CCNR ALPS CoreCommodity Natural Resources ETF 5.9 39 24 11.0 +10.1
AVUV Avantis U.S. Small Cap Value ETF 5.5 25 38 8.8 +7.9
ROKT SPDR S&P Kensho Final Frontiers ETF 5.4 45 18 2.4 +1.5
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 4.8 60 3 8.3 +7.4
IXC iShares Global Energy ETF 4.7 44 19 8.7 +7.8
NANR SPDR S&P North American Natural Resources ETF 4.6 35 28 7.4 +6.5
SEA U.S. Global Sea to Sky Cargo ETF 4.6 60 3 21.5 +20.6
USAI Pacer American Energy Independence ETF 4.5 75 -12 3.0 +2.0
PEXL Pacer US Export Leaders ETF 4.2 60 3 5.7 +4.7
ERNZ TrueShares Active Yield ETF 4.1 75 -12 10.9 +10.0
RZG Invesco S&P Smallcap 600 Pure Growth ETF 4.1 35 28 5.9 +5.0
SMCP AlphaMark Actively Managed Small Cap ETF 4.0 90 -27 3.9 +3.0
GRPZ Invesco S&P SmallCap 600 GARP ETF 3.9 35 28 9.8 +8.9
LYLD Cambria Large Cap Shareholder Yield ETF 3.9 59 4 9.1 +8.2
NVIR Horizon Kinetics Energy and Remediation ETF 3.8 85 -22 1.5 +0.6
ECML Euclidean Fundamental Value ETF 3.7 95 -32 12.2 +11.3
SURE AdvisorShares Insiders Advantage ETF 3.7 90 -27 9.3 +8.3
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 3.5 59 4 3.9 +2.9
FSMO Fidelity Small-Mid Cap Opportunities ETF 3.4 60 3 6.4 +5.5
SIMS SPDR S&P Kensho Intelligent Structures ETF 3.3 45 18 -6.9 -7.8
COWZ Pacer US Cash Cows 100 ETF 3.2 49 14 9.9 +9.0
IJT iShares S&P Small-Cap 600 Growth ETF 3.2 18 45 5.8 +4.8
VIOG Vanguard S&P Small-Cap 600 Growth ETF 3.0 15 48 5.8 +4.9
SLYG SPDR S&P 600 Small Cap Growth ETF 3.0 15 48 5.8 +4.9
VFLO VictoryShares Free Cash Flow ETF 3.0 39 24 8.8 +7.9
EIPI FT Energy Income Partners Enhanced Income ETF 3.0 110 -47 5.1 +4.2
AMLP Alerian MLP ETF 3.0 85 -22 5.0 +4.0
MLPA Global X MLP ETF 3.0 45 18 5.1 +4.2
RBLD First Trust Alerian US NextGen Infrastructure ETF 3.0 65 -2 4.7 +3.8
TXS Texas Capital Texas Equity Index ETF 2.9 49 14 4.7 +3.8
FNK First Trust Mid Cap Value AlphaDEX Fund 2.9 70 -7 10.0 +9.1
KEAT Keating Active ETF 2.9 85 -22 0.0 -0.9
BSVO EA Bridgeway Omni Small-Cap Value ETF 2.9 47 16 8.0 +7.0
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 2.8 55 8 4.3 +3.4
XSVM Invesco S&P SmallCap Value with Momentum ETF 2.8 36 27 11.1 +10.2
FFND Future Fund Active ETF 2.8 100 -37 -0.7 -1.6
NUSC Nuveen ESG Small-Cap ETF 2.8 31 32 5.0 +4.1
SQLV Royce Quant Small-Cap Quality Value ETF 2.7 60 3 7.1 +6.2
TPHD Timothy Plan High Dividend Stock ETF 2.6 52 11 5.9 +5.0
TPHE Timothy Plan High Dividend Stock Enhanced ETF 2.6 54 9 5.9 +5.0
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 2.6 29 34 6.5 +5.6
CSMD Congress SMid Growth ETF 2.5 69 -6 4.3 +3.4
DES WisdomTree U.S. SmallCap Dividend Fund 2.5 38 25 6.8 +5.9
MVPA Miller Value Partners Appreciation ETF 2.5 60 3 10.4 +9.4
EINC VanEck Energy Income ETF 2.5 48 15 3.6 +2.7
PSC Principal U.S. Small-Cap ETF 2.4 38 25 5.9 +5.0
SAMT Strategas Macro Thematic Opportunities ETF 2.4 65 -2 4.1 +3.2
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 2.4 35 28 5.2 +4.3
CVY Invesco Zacks Multi-Asset Income ETF 2.4 106 -43 9.8 +8.8
SWP SWP Growth & Income ETF 2.4 99 -36 4.1 +3.2
CAML Congress Large Cap Growth ETF 2.3 66 -3 3.2 +2.3
CBSE Clough Select Equity ETF 2.3 85 -22 0.4 -0.6
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 2.3 15 48 7.5 +6.5
NUMV Nuveen ESG Mid-Cap Value ETF 2.2 31 32 6.6 +5.7
FTA First Trust Large Cap Value AlphaDEX Fund 2.2 59 4 8.2 +7.3
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 2.2 38 25 4.9 +4.0
DFSV Dimensional US Small Cap Value ETF 2.2 31 32 8.3 +7.3
AFSM First Trust Active Factor Small Cap ETF 2.2 75 -12 6.3 +5.4
ZIG Acquirers Fund 2.2 84 -21 13.1 +12.1
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 2.2 60 3 9.0 +8.1
AVSC Avantis U.S Small Cap Equity ETF 2.2 25 38 4.7 +3.8
QDIV Global X S&P 500 Quality Dividend ETF 2.1 20 43 7.5 +6.6
FAB First Trust Multi Cap Value AlphaDEX Fund 2.1 67 -4 8.6 +7.6
FTDS First Trust Dividend Strength ETF 2.1 70 -7 8.1 +7.2
SIXS ETC 6 Meridian Small Cap Equity ETF 2.1 89 -26 8.2 +7.3
FTGS First Trust Growth Strength ETF 2.0 60 3 5.4 +4.5
RWJ Invesco S&P SmallCap 600 Revenue ETF 2.0 39 24 7.5 +6.6
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 2.0 60 3 4.6 +3.7
XSMO Invesco S&P SmallCap Momentum ETF 2.0 39 24 6.8 +5.9
IJR iShares Core S&P Small Cap ETF 2.0 6 57 6.6 +5.7
VIOO Vanguard S&P Small-Cap 600 ETF 2.0 10 53 6.6 +5.7
MLPX Global X MLP & Energy Infrastructure ETF 1.9 45 18 3.8 +2.9
SPSM SPDR Portfolio S&P 600 Small Cap ETF 1.9 3 60 6.7 +5.7
GVLU Gotham 1000 Value ETF 1.9 50 13 7.4 +6.5
SHRY First Trust Bloomberg Shareholder Yield ETF 1.9 60 3 6.9 +5.9
VFMF Vanguard U.S. Multifactor ETF 1.9 18 45 8.5 +7.6
CGGR Capital Group Growth ETF 1.9 39 24 3.2 +2.3
BIBL Inspire 100 ETF 1.9 35 28 5.1 +4.1
VFMO Vanguard U.S. Momentum Factor ETF 1.9 13 50 2.1 +1.2
SMRI Bushido Capital US Equity ETF 1.9 71 -8 7.7 +6.7
BFOR ALPS Barron's 400 ETF 1.8 65 -2 5.6 +4.7
FSST Fidelity Sustainable U.S. Equity ETF 1.8 59 4 2.4 +1.5
CSA VictoryShares US Small Cap Volatility Wtd ETF 1.8 35 28 6.2 +5.3
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 1.8 42 21 6.1 +5.2
TPSC Timothy Plan US Small Cap Core ETF 1.8 52 11 6.5 +5.6
FITE SPDR S&P Kensho Future Security ETF 1.8 45 18 2.2 +1.3
DFAT Dimensional U.S. Targeted Value ETF 1.8 28 35 7.8 +6.8
DIV Global X SuperDividend US ETF 1.8 45 18 7.9 +6.9
RNSC Furst Trust Small Cap US Equity Select ETF 1.8 60 3 6.8 +5.9
KOMP SPDR S&P Kensho New Economies Composite ETF 1.7 20 43 1.0 +0.1
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.7 9 54 3.3 +2.4
DEEP Roundhill Acquirers Deep Value ETF 1.7 80 -17 21.0 +20.0
TPYP Tortoise North American Pipeline Fund 1.7 40 23 4.2 +3.3
VFVA Vanguard U.S. Value Factor ETF 1.7 13 50 10.0 +9.1
FNX First Trust Mid Cap Core AlphaDEX Fund 1.7 60 3 6.8 +5.9
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.7 39 24 4.1 +3.2
FYC First Trust Small Cap Growth AlphaDEX Fund 1.7 71 -8 -0.5 -1.4
FDG American Century Focused Dynamic Growth ETF 1.7 45 18 2.6 +1.7
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.6 65 -2 0.2 -0.7
SFYX SoFi Next 500 ETF 1.6 0 63 4.7 +3.8
DSMC Distillate Small/Mid Cash Flow ETF 1.6 55 8 12.2 +11.3
SPVM Invesco S&P 500 Value with Momentum ETF 1.6 39 24 7.8 +6.9
BKSE BNY Mellon US Small Cap Core Equity ETF 1.6 4 59 4.8 +3.8
FLOW Global X U.S. Cash Flow Kings 100 ETF 1.6 25 38 9.6 +8.7
ESIX SPDR S&P SmallCap 600 ESG ETF 1.6 12 51 7.4 +6.5
IQSM IQ Candriam U.S. Mid Cap Equity ETF 1.6 15 48 5.8 +4.9
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.6 20 43 4.6 +3.7
FESM Fidelity Enhanced Small Cap ETF 1.6 28 35 1.7 +0.8
VAMO Cambria Value & Momentum ETF 1.5 61 2 8.2 +7.3
IWN iShares Russell 2000 Value ETF 1.5 24 39 4.8 +3.9
VTWV Vanguard Russell 2000 Value ETF 1.5 15 48 4.9 +4.0
RFFC ALPS Active Equity Opportunity ETF 1.4 48 15 4.5 +3.6
JOET Virtus Terranova US Quality Momentum ETF 1.4 29 34 4.7 +3.8
SVAL iShares US Small Cap Value Factor ETF 1.4 20 43 9.8 +8.9
VBK Vanguard Small-Cap Growth ETF 1.4 7 56 1.1 +0.2
RFG Invesco S&P Midcap 400 Pure Growth ETF 1.4 35 28 5.1 +4.2
XSHQ Invesco S&P SmallCap Quality ETF 1.4 29 34 8.3 +7.4
RZV Invesco S&P Smallcap 600 Pure Value ETF 1.4 35 28 8.1 +7.2
STXK Strive Small-Cap ETF 1.3 18 45 5.0 +4.1
INEQ Columbia International Equity Income ETF 1.3 45 18 6.6 +5.7
RAYD Rayliant Quantitative Developed Market Equity ETF 1.3 80 -17 3.8 +2.9
EQAL Invesco Russell 1000 Equal Weight ETF 1.3 20 43 6.3 +5.3
GNR SPDR S&P Global Natural Resources ETF 1.3 40 23 9.7 +8.8
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 1.3 30 33 10.0 +9.1
FEX First Trust Large Cap Core AlphaDEX Fund 1.3 59 4 5.6 +4.6
IWM iShares Russell 2000 ETF 1.3 19 44 2.8 +1.9
ONEY SPDR Russell 1000 Yield Focus ETF 1.3 20 43 9.3 +8.4
RSSL Global X Russell 2000 ETF 1.3 8 55 2.6 +1.7
DFAS Dimensional U.S. Small Cap ETF 1.3 26 37 5.5 +4.6
BKWO BNY Mellon Women's Opportunities ETF 1.3 50 13 3.9 +3.0
SSLY Syntax Stratified SmallCap ETF 1.3 40 23 7.4 +6.5
VTWO Vanguard Russell 2000 ETF 1.3 10 53 2.9 +2.0
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.2 35 28 6.6 +5.7
IBOT Vaneck Robotics ETF 1.2 47 16 4.1 +3.2
XJR iShares ESG Screened S&P Small-Cap ETF 1.2 12 51 7.0 +6.1
PTL Inspire 500 ETF 1.2 9 54 5.6 +4.7
VOE Vanguard Mid-Cap Value ETF 1.2 7 56 6.9 +6.0
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.2 58 5 5.0 +4.1
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.2 35 28 4.6 +3.7
CGUS Capital Group Core Equity ETF 1.2 33 30 4.4 +3.5
QNXT iShares Nasdaq-100 ex Top 30 ETF 1.2 20 43 5.2 +4.3
SSPY Syntax Stratified LargeCap ETF 1.2 30 33 6.3 +5.4
FNDA Schwab Fundamental US Small Co. Index ETF 1.2 25 38 6.0 +5.1
FDWM Fidelity Women's Leadership ETF 1.2 59 4 4.7 +3.8
NULV Nuveen ESG Large-Cap Value ETF 1.1 26 37 6.7 +5.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.1 39 24 5.8 +4.9
AVLV Avantis U.S. Large Cap Value ETF 1.1 15 48 7.1 +6.2
SMLF iShares U.S. SmallCap Equity Factor ETF 1.1 15 48 4.6 +3.7
PSET Principal Quality ETF 1.1 15 48 5.3 +4.4
OSCV Opus Small Cap Value ETF 1.1 79 -16 5.7 +4.8
VRAI Virtus Real Asset Income ETF 1.1 55 8 8.0 +7.0
HAPS Harbor Human Capital Factor US Small Cap ETF 1.1 60 3 2.4 +1.4
EZM WisdomTree U.S. MidCap Fund 1.1 38 25 7.4 +6.4
CGGO Capital Group Global Growth Equity ETF 1.1 47 16 4.6 +3.7
NIXT Research Affiliates Deletions ETF 1.1 9 54 5.2 +4.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.1 20 43 5.2 +4.2
FUNL CornerCap Fundametrics Large-Cap ETF 1.1 50 13 6.7 +5.8
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 1.1 52 11 5.1 +4.2
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 1.1 58 5 5.0 +4.1
LRGC AB US Large Cap Strategic Equities ETF 1.1 48 15 4.6 +3.6
EBLU Ecofin Global Water ESG Fund 1.0 40 23 4.9 +4.0
JHSC John Hancock Multifactor Small Cap ETF 1.0 42 21 6.6 +5.6
IWO iShares Russell 2000 Growth ETF 1.0 24 39 0.6 -0.4
VTWG Vanguard Russell 2000 Growth ETF 1.0 15 48 0.7 -0.3
DFUV Dimensional US Marketwide Value ETF 1.0 22 41 7.2 +6.2
BKMC BNY Mellon US Mid Cap Core Equity ETF 1.0 4 59 5.6 +4.7
EES WisdomTree U.S. SmallCap Fund 1.0 38 25 9.1 +8.1
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.0 17 46 4.7 +3.8
ISMD Inspire Small/Mid Cap ETF 1.0 54 9 5.3 +4.4
SNPV Xtrackers S&P 500 Value ESG ETF 1.0 15 48 6.4 +5.5
FYX First Trust Small Cap Core AlphaDEX Fund 1.0 61 2 4.6 +3.6
IWS iShares Russell Mid-Cap Value ETF 1.0 23 40 6.2 +5.3
ISCG iShares Morningstar Small-Cap Growth ETF 1.0 6 57 2.3 +1.3
XMHQ Invesco S&P MidCap Quality ETF 1.0 25 38 6.9 +5.9
AVUS Avantis U.S. Equity ETF 1.0 15 48 5.6 +4.7
IJS iShares S&P Small-Cap 600 Value ETF 0.9 18 45 7.4 +6.5
AMZA InfraCap MLP ETF 0.9 164 -101 4.2 +3.3
SDIV Global X Superdividend ETF 0.9 58 5 14.9 +14.0
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.9 24 39 7.0 +6.1
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.9 15 48 7.4 +6.5
ONEO SPDR Russell 1000 Momentum Focus ETF 0.9 20 43 6.8 +5.9
SLYV SPDR S&P 600 Small Cap Value ETF 0.9 15 48 7.4 +6.5
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.9 25 38 7.2 +6.3
SYLD Cambria Shareholder Yield ETF 0.9 59 4 10.9 +10.0
ISCB iShares Morningstar Small-Cap ETF 0.9 4 59 4.8 +3.8
QUAL iShares MSCI USA Quality Factor ETF 0.9 15 48 5.3 +4.3
DFLV Dimensional US Large Cap Value ETF 0.9 22 41 7.4 +6.5
DIVG Invesco S&P 500 High Dividend Growers ETF 0.9 39 24 7.5 +6.6
FTWO Strive FAANG 2.0 ETF 0.9 49 14 4.7 +3.8
YALL God Bless America ETF 0.9 65 -2 3.2 +2.3
NTZG Nuveen Global Net Zero Transition ETF 0.9 56 7 4.7 +3.8
SUSA iShares MSCI USA ESG Select ETF 0.9 25 38 5.0 +4.1
NULC Nuveen ESG Large-Cap ETF 0.9 21 42 5.3 +4.4
ISCV iShares Morningstar Small Cap Value ETF 0.8 6 57 7.2 +6.3
NUDV Nuveen ESG Dividend ETF 0.8 26 37 7.0 +6.1
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.8 15 48 6.8 +5.8
SPGP Invesco S&P 500 GARP ETF 0.8 34 29 7.9 +7.0
JHMM John Hancock Multifactor Mid Cap ETF 0.8 42 21 6.1 +5.1
VYM Vanguard High Dividend Yield Index ETF 0.8 6 57 6.8 +5.9
TTAC FCF US Quality ETF 0.8 59 4 6.3 +5.3
CGW Invesco S&P Global Water Index ETF 0.8 57 6 4.4 +3.5
LCF Touchstone US Large Cap Focused ETF 0.8 69 -6 4.1 +3.2
VO Vanguard Mid-Cap ETF 0.8 4 59 5.3 +4.4
VB Vanguard Small-Cap ETF 0.8 5 58 4.9 +4.0
BUL Pacer US Cash Cows Growth ETF 0.8 60 3 7.7 +6.8
IWR iShares Russell Midcap ETF 0.8 19 44 5.4 +4.5
STXV Strive 1000 Value ETF 0.8 18 45 7.5 +6.6
FSMD Fidelity Small-Mid Multifactor ETF 0.8 15 48 6.8 +5.9
VXF Vanguard Extended Market ETF 0.7 6 57 3.5 +2.6
DFSU Dimensional US Sustainability Core 1 ETF 0.7 18 45 5.4 +4.5
FDMO Fidelity Momentum Factor ETF 0.7 15 48 4.0 +3.0
HAPI Harbor Human Capital Factor US Large Cap ETF 0.7 36 27 4.6 +3.7
DGT SPDR Global Dow ETF 0.7 50 13 6.8 +5.9
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 0.7 35 28 4.6 +3.6
HAP VanEck Natural Resources ETF 0.7 50 13 10.0 +9.1
EMLP First Trust North American Energy Infrastructure Fund 0.7 95 -32 4.5 +3.6
FMDE Fidelity Enhanced Mid Cap ETF 0.7 23 40 6.0 +5.1
RSP Invesco S&P 500 Equal Weight ETF 0.7 20 43 6.1 +5.1
BOTZ Global X Robotics & Artificial Intelligence ETF 0.7 69 -6 2.4 +1.4
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.7 7 56 5.3 +4.4
DURA VanEck Durable High Dividend ETF 0.7 29 34 7.4 +6.5
SCHA Schwab U.S. Small-Cap ETF 0.6 4 59 4.4 +3.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.6 29 34 6.4 +5.5
ABCS Alpha Blue Capital US Small-Mid Cap Dynamic ETF 0.6 27 36 0.0 -0.9
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 54 5.8 +4.8
IMCG iShares Morningstar Mid-Cap Growth ETF 0.6 6 57 4.0 +3.0
IMCB iShares Morningstar Mid-Cap ETF 0.6 4 59 5.7 +4.8
GSPY Gotham Enhanced 500 ETF 0.6 50 13 5.2 +4.3
VOOV Vanguard S&P 500 Value ETF 0.6 10 53 6.3 +5.4
IVE iShares S&P 500 Value ETF 0.6 18 45 6.3 +5.3
SPYV SPDR Portfolio S&P 500 Value ETF 0.6 4 59 6.4 +5.5
IMCV iShares Morningstar Mid-Cap Value ETF 0.6 6 57 7.5 +6.6
ZECP Zacks Earnings Consistent Portfolio ETF 0.6 55 8 4.7 +3.8
JGRO JPMorgan Active Growth ETF 0.6 44 19 3.5 +2.5
IUSV iShares Core S&P US Value ETF 0.6 4 59 6.4 +5.5
HLAL Wahed FTSE USA Shariah ETF 0.6 50 13 4.9 +4.0
EVUS iShares ESG Aware MSCI USA Value ETF 0.6 18 45 6.4 +5.5
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.6 14 49 5.0 +4.1
CFA VictoryShares US 500 Volatility Wtd ETF 0.6 35 28 5.6 +4.7
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.6 40 23 5.6 +4.6
RWK Invesco S&P MidCap 400 Revenue ETF 0.6 39 24 6.9 +6.0
IWD iShares Russell 1000 Value ETF 0.6 19 44 6.1 +5.2
VONV Vanguard Russell 1000 Value ETF 0.6 8 55 6.3 +5.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.6 25 38 5.2 +4.3
ROSC Hartford Multifactor Small Cap ETF 0.6 34 29 8.6 +7.7
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.6 70 -7 2.7 +1.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.6 17 46 5.3 +4.4
FYT First Trust Small Cap Value AlphaDEX Fund 0.6 73 -10 7.8 +6.9
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.6 9 54 4.9 +4.0
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.6 10 53 5.1 +4.2
RWL Invesco S&P 500 Revenue ETF 0.5 39 24 6.7 +5.8
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.5 60 3 1.4 +0.5
GVUS Marketbeta Russell 1000 Value Equity ETF 0.5 12 51 6.2 +5.3
QGRO American Century U.S. Quality Growth ETF 0.5 29 34 4.4 +3.5
IUS Invesco RAFI Strategic US ETF 0.5 19 44 6.8 +5.9
AUSF Global X Adaptive U.S. Factor ETF 0.5 27 36 8.6 +7.6
EUSA iShares MSCI USA Equal Weighted ETF 0.5 9 54 5.7 +4.8
IWC iShares Micro-Cap ETF 0.5 60 3 -4.9 -5.8
WCEO Hypatia Women CEO ETF 0.5 85 -22 4.2 +3.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.5 64 -1 1.8 +0.9
DFVX Dimensional US Large Cap Vector ETF 0.5 22 41 6.1 +5.2
BLES Inspire Global Hope ETF 0.5 61 2 6.4 +5.5
FTXR First Trust Nasdaq Transportation ETF 0.5 60 3 6.8 +5.9
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.5 15 48 6.7 +5.8
KOCG FIS Knights of Columbus Global Belief ETF 0.5 75 -12 5.0 +4.1
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 0.5 15 48 4.1 +3.1
SUSL iShares ESG MSCI USA Leaders ETF 0.5 10 53 5.1 +4.2
VLU SPDR S&P 1500 Value Tilt ETF 0.5 12 51 6.7 +5.7
VFQY Vanguard U.S. Quality Factor ETF 0.5 13 50 7.5 +6.6
XJH iShares ESG Screened S&P Mid-Cap ETF 0.5 12 51 6.5 +5.6
FCFY First Trust S&P 500 Diversified Free Cash Flow ETF 0.5 60 3 8.7 +7.8
DCOR Dimensional US Core Equity 1 ETF 0.5 14 49 5.3 +4.4
SIZE iShares MSCI USA Size Factor ETF 0.5 15 48 5.6 +4.7
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.5 32 31 4.8 +3.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.5 24 39 7.3 +6.4
OPTZ Optimize Strategy Index ETF 0.4 50 13 2.9 +2.0
SPXT ProShares S&P 500 Ex-Technology ETF 0.4 9 54 5.3 +4.4
IJJ iShares S&P Mid-Cap 400 Value ETF 0.4 18 45 6.9 +6.0
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.4 15 48 4.7 +3.8
DGRW WisdomTree US Quality Dividend Growth Fund 0.4 28 35 6.0 +5.1
MDYV SPDR S&P 400 Mid Cap Value ETF 0.4 15 48 7.0 +6.1
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.4 15 48 7.0 +6.1
MDY SPDR S&P Midcap 400 ETF Trust 0.4 24 39 6.2 +5.2
IJH iShares Core S&P Mid-Cap ETF 0.4 5 58 6.4 +5.4
SNPE Xtrackers S&P 500 ESG ETF 0.4 10 53 5.1 +4.2
JMOM JPMorgan U.S. Momentum Factor ETF 0.4 12 51 4.5 +3.6
RFV Invesco S&P Midcap 400 Pure Value ETF 0.4 35 28 8.0 +7.1
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.4 45 18 4.7 +3.8
DFAU Dimensional US Core Equity Market ETF 0.4 12 51 5.0 +4.1
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.4 3 60 6.4 +5.4
IVOO Vanguard S&P Mid-Cap 400 ETF 0.4 10 53 6.4 +5.5
FNDB Schwab Fundamental US Broad Market Index ETF 0.4 25 38 6.8 +5.8
IJK iShares S&P Mid-Cap 400 Growth ETF 0.4 17 46 5.7 +4.8
DIVB iShares Core Dividend ETF 0.4 5 58 7.5 +6.6
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.4 15 48 5.7 +4.8
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.4 15 48 5.7 +4.8
SCHM Schwab U.S. Mid-Cap ETF 0.4 4 59 6.0 +5.0
SMMD iShares Russell 2500 ETF 0.4 15 48 5.5 +4.6
PRF Invesco FTSE RAFI US 1000 ETF 0.4 39 24 6.8 +5.8
IWX iShares Russell Top 200 Value ETF 0.4 20 43 6.0 +5.1
FPX First Trust US Equity Opportunities ETF 0.4 61 2 1.5 +0.6
AFMC First Trust Active Factor Mid Cap ETF 0.4 65 -2 6.9 +5.9
SMDY Syntax Stratified MidCap ETF 0.4 35 28 5.8 +4.8
XMAG Defiance Large Cap ex-Mag 7 ETF 0.4 35 28 5.1 +4.2
SPXN ProShares S&P 500 Ex-Financials ETF 0.4 9 54 5.1 +4.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.4 11 52 4.9 +4.0
FNDX Schwab Fundamental US Large Co. Index ETF 0.4 25 38 6.8 +5.9
DEUS Xtrackers Russell US Multifactor ETF 0.4 17 46 6.9 +6.0
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.3 19 44 6.2 +5.3
SPXV ProShares S&P 500 Ex-Health Care ETF 0.3 9 54 4.7 +3.8
SCHV Schwab U.S. Large-Cap Value ETF 0.3 4 59 6.4 +5.5
IWV iShares Russell 3000 ETF 0.3 20 43 4.7 +3.7
VTHR Vanguard Russell 3000 ETF 0.3 10 53 4.7 +3.8
STXM Strive Mid-Cap ETF 0.3 18 45 6.1 +5.1
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.3 7 56 5.0 +4.0
ACVF American Conservative Values ETF 0.3 75 -12 4.2 +3.3
ILCV iShares Morningstar Value ETF 0.3 4 59 6.2 +5.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 60 4.8 +3.9
VTI Vanguard Total Stock Market ETF 0.3 3 60 4.7 +3.8
DSI iShares MSCI KLD 400 Social ETF 0.3 25 38 5.0 +4.1
JHML John Hancock Multifactor Large Cap ETF 0.3 29 34 5.3 +4.4
USMF WisdomTree U.S. Multifactor Fund 0.3 28 35 7.1 +6.2
DFUS Dimensional U.S. Equity ETF 0.3 9 54 4.9 +3.9
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.3 3 60 5.1 +4.2
DHS WisdomTree U.S. High Dividend Fund 0.3 38 25 7.6 +6.6
KLMT Invesco MSCI Global Climate 500 ETF 0.3 10 53 5.4 +4.5
DON WisdomTree U.S. MidCap Dividend Fund 0.3 38 25 7.7 +6.8
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.3 20 43 4.0 +3.1
AIEQ AI Powered Equity ETF 0.3 75 -12 3.9 +2.9
QVML Invesco S&P 500 QVM Multi-factor ETF 0.3 11 52 4.8 +3.9
VOT Vanguard Mid-Cap Growth ETF 0.3 7 56 3.4 +2.4
DTD WisdomTree U.S. Total Dividend Fund 0.3 28 35 6.0 +5.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.3 7 56 4.9 +4.0
VOTE TCW Transform 500 ETF 0.3 5 58 4.9 +4.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.3 2 61 5.0 +4.1
ESGG FlexShares STOXX Global ESG Select Index Fund 0.3 42 21 5.1 +4.2
BKLC BNY Mellon US Large Cap Core Equity ETF 0.3 0 63 5.0 +4.1
VBR Vanguard Small Cap Value ETF 0.3 7 56 7.8 +6.9
VTV Vanguard Value ETF 0.3 4 59 6.6 +5.6
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.3 8 55 5.0 +4.0
VUG Vanguard Growth ETF 0.3 4 59 4.0 +3.1
VONE Vanguard Russell 1000 ETF 0.3 8 55 4.9 +4.0
IWB iShares Russell 1000 ETF 0.3 15 48 4.8 +3.9
XVV iShares ESG Screened S&P 500 ETF 0.3 8 55 4.9 +4.0
SCHB Schwab U.S. Broad Market ETF 0.3 3 60 4.9 +4.0
IYY iShares Dow Jones U.S. ETF 0.3 20 43 4.8 +3.9
JAVA JPMorgan Active Value ETF 0.3 44 19 5.7 +4.8
QQQ Invesco QQQ Trust Series I 0.3 20 43 4.5 +3.6
QQQM Invesco NASDAQ 100 ETF 0.3 15 48 4.6 +3.7
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.3 20 43 4.8 +3.9
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.3 95 -32 0.9 -0.0
CATH Global X S&P 500 Catholic Values Custom ETF 0.3 29 34 4.9 +4.0
IVV iShares Core S&P 500 ETF 0.3 3 60 5.0 +4.1
VOO Vanguard S&P 500 ETF 0.3 3 60 5.0 +4.1
SCHX Schwab U.S. Large-Cap ETF 0.3 3 60 5.0 +4.1
SPLG SPDR Portfolio S&P 500 ETF 0.3 2 61 5.0 +4.1
SPY SPDR S&P 500 ETF Trust 0.3 9 54 5.0 +4.0
VV Vanguard Large-Cap ETF 0.3 4 59 4.9 +4.0
SCHK Schwab 1000 Index ETF 0.3 5 58 5.0 +4.1
PBUS Invesco MSCI USA ETF 0.3 4 59 5.0 +4.0
STRV Strive 500 ETF 0.3 5 58 4.9 +4.0
CCMG CCM Global Equity ETF 0.3 34 29 7.6 +6.6
ADME Aptus Drawdown Managed Equity ETF 0.3 79 -16 4.0 +3.1
ILCB iShares Morningstar U.S. Equity ETF 0.3 3 60 4.9 +4.0
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 48 5.0 +4.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 54 5.4 +4.4
THRO iShares U.S. Thematic Rotation Active ETF 0.2 90 -27 3.9 +2.9
MGK Vanguard Mega Cap Growth ETF 0.2 7 56 4.3 +3.4
GDEF Goldman Sachs Defensive Equity ETF 0.2 55 8 4.7 +3.8
ITAN Sparkline Intangible Value ETF 0.2 50 13 5.9 +5.0
SFY SoFi Select 500 ETF 0.2 0 63 4.5 +3.5
SCHG Schwab U.S. Large-Cap Growth ETF 0.2 4 59 4.2 +3.3
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 54 5.2 +4.3
JSML Janus Henderson Small Cap Growth Alpha ETF 0.2 30 33 6.5 +5.6
SAGP Strategas Global Policy Opportunities ETF 0.2 65 -2 5.3 +4.3
LRGF iShares U.S. Equity Factor ETF 0.2 8 55 5.6 +4.7
VT Vanguard Total World Stock ETF 0.2 7 56 5.5 +4.6
WOMN Impact Shares YWCA Women's Empowerment ETF 0.2 75 -12 4.7 +3.7
PKW Invesco Buyback Achievers ETF 0.2 62 1 6.4 +5.5
INRO iShares U.S. Industry Rotation Active ETF 0.2 42 21 4.5 +3.6
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.2 15 48 4.9 +4.0
TOK iShares MSCI Kokusai ETF 0.2 26 37 5.0 +4.1
IWP iShares Russell Mid-Cap Growth ETF 0.2 23 40 3.1 +2.2
DLN WisdomTree U.S. LargeCap Dividend Fund 0.2 28 35 5.7 +4.8
ONEQ Fidelity Nasdaq Composite Index ETF 0.2 21 42 3.8 +2.9
URTH iShares MSCI World ETF 0.2 24 39 5.2 +4.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.2 20 43 4.9 +3.9
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.2 75 -12 4.3 +3.3
ILCG iShares Morningstar Growth ETF 0.2 4 59 3.9 +3.0
MGV Vanguard Mega Cap Value ETF 0.2 7 56 6.4 +5.5
FELV Fidelity Enhanced Large Cap Value ETF 0.2 18 45 6.4 +5.5
GINN Goldman Sachs Innovate Equity ETF 0.2 52 11 2.8 +1.8
ACWI iShares MSCI ACWI ETF 0.2 32 31 5.3 +4.4
EPS WisdomTree U.S. LargeCap Fund 0.2 8 55 5.9 +5.0
MGC Vanguard Mega Cap ETF 0.1 7 56 4.8 +3.9
IWL iShares Russell Top 200 ETF 0.1 15 48 4.7 +3.8
SHE SPDR MSCI USA Gender Diversity ETF 0.1 20 43 4.9 +4.0
BTHM BlackRock Future U.S. Themes ETF 0.1 60 3 4.2 +3.3
QINT American Century Quality Diversified International ETF 0.1 39 24 7.7 +6.8
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.1 30 33 5.4 +4.5
RVRB Reverb ETF 0.1 30 33 4.7 +3.8
GWX SPDR S&P International Small Cap ETF 0.1 40 23 6.5 +5.6
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 48 5.7 +4.8
JGLO JPMorgan Global Select Equity ETF 0.1 33 30 4.5 +3.5
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.1 12 51 7.2 +6.3
IETC iShares U.S. Tech Independence Focused ETF 0.1 18 45 4.5 +3.6
DUHP Dimensional US High Profitability ETF 0.1 21 42 6.5 +5.5
FMIL Fidelity New Millennium ETF 0.1 59 4 4.8 +3.8
FFLC Fidelity Fundamental Large Cap Core ETF 0.1 38 25 4.8 +3.8
SXQG ETC 6 Meridian Quality Growth ETF 0.1 100 -37 4.0 +3.1
REVS Columbia Research Enhanced Value ETF 0.1 19 44 7.4 +6.4
RECS Columbia Research Enhanced Core ETF 0.1 15 48 5.5 +4.5
STXG Strive 1000 Growth ETF 0.1 18 45 4.1 +3.1
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 33 5.9 +5.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 54 5.4 +4.5
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 14 5.6 +4.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 51 4.5 +3.6
APUE ActivePassive U.S. Equity ETF 0.1 45 18 4.8 +3.9
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 51 4.5 +3.5
IWF iShares Russell 1000 Growth ETF 0.0 19 44 4.5 +3.5
VONG Vanguard Russell 1000 Growth ETF 0.0 8 55 4.6 +3.6
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 59 4.7 +3.7
AVSU Avantis Responsible U.S. Equity ETF 0.0 15 48 6.1 +5.2
DGRO iShares Core Dividend Growth ETF 0.0 8 55 6.3 +5.4
SMCF Themes US Small Cap Cash Flow Champions ETF 0.0 29 34 10.2 +9.3
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 54 4.8 +3.9
TEQI T. Rowe Price Equity Income ETF 0.0 54 9 3.8 +2.9
TDVG T. Rowe Price Dividend Growth ETF 0.0 50 13 4.8 +3.8
PSCE Invesco S&P SmallCap Energy ETF 0.0 29 34 0.0 -0.9

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

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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 Oil & Gas Services 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 2.8 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 63 bp
Equals: ALTAR Score 0.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.46 CATEGORY
AVERAGE		 1.57
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

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

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

 

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