ALPS Medical Breakthroughs ETF
ALTAR
Score™		 -2.0% info Recommen-
dation		 AVOID
2024E    2025E
P/E
ratio		 -11.4x P/Sales
ratio		 10.5x
P/BV
ratio		 9.8x Div.
yield		 0.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
ALPS Medical Breakthroughs ETF is an exchange-traded fund incorporated in the USA. The ETF seeks investment results that correspond generally to the performance of its underlying index, the Poliwogg Medical Breakthroughs Index (ticker symbol: PMBI).

FUND BASICS
Category US Equities
Fund Sponsor ALPS Advisors Inc
Website www.alpsetfs.com
Inception date Dec 30, 2014
Assets (mns) $120
Currency USD
Expense ratio 50 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 90
Wgt avg mkt cap (mns) $1,636
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 41.2%
Small cap (<$2bn) 51.9%
Developed mkts 97.9%
Emerging mkts 2.1%

TOP TEN HOLDINGS
CORCEPT THERAPEUTICS INC 3.7 %
KRYSTAL BIOTECH, INC. 3.4 %
AVIDITY BIOSCIENCES INC 3.3 %
ARCELLX, INC. 3.2 %
ALKERMES PLC 3.2 %
CRINETICS PHARMACEUTICALS INC 2.9 %
IMMUNOVANT, INC. 2.7 %
DENALI THERAPEUTICS INC. 2.4 %
MERUS N.V. 2.2 %
AGIOS PHARMACEUTICALS INC 2.0 %
Total 28.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 71.3 %
IRELAND 3.7 %
NETHERLANDS 2.2 %
SWITZERLAND 2.1 %
CHINA 1.8 %
BELGIUM 1.2 %
BRITAIN 1.1 %
CANADA 0.8 %
CAYMAN ISLANDS 0.3 %


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.
18.8% 59.7% 2.4% -- 5.2%

Market Correlations
versus... Beta R-squared
S&P500 0.87 26%
MSCI EAFE 0.78 21%
MSCI Emg. Mkts. 0.62 13%

Technical Indicators
Recent close $37.16
30d moving avg. $38.13
Annualized volatility 29.7%
Short interest (ETF) 0.1%
Short interest (Underlying) 9.6%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 10
Turnover 0.3%
Bid/Ask (% of price) 0.35%
ADV underlying (mns) $1,380

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 217 potential alternatives to the ALPS Medical Breakthroughs ETF ETF based on the alternatives' overlap in portfolio holdings with SBIO. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SBIO Expense: 50 bp ALTAR Score™: -2.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SBIO
Ticker Fund
Name		 Overlap1
vs SBIO
(%)		 Expense
ratio
(bp)		 Savings
vs SBIO
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs SBIO
(%)
BBC Virtus LifeSci Biotech Clinical Trials ETF 30.4 79 -29 0.0 +2.0
XBI SPDR S&P BIOTECH ETF 21.1 35 15 -3.3 -1.3
BBP Virtus LifeSci Biotech Products ETF 17.9 79 -29 0.0 +2.0
PSCH Invesco S&P SmallCap Health Care ETF 14.7 29 21 4.0 +6.0
CNCR Range Cancer Therapeutics ETF 14.6 79 -29 0.0 +2.0
PTH Invesco Dorsey Wright Healthcare Momentum ETF 13.8 60 -10 -2.3 -0.3
IBRN iShares Neuroscience and Healthcare ETF 12.7 47 3 -4.8 -2.8
CANC Tema Oncology ETF 11.8 75 -25 -3.6 -1.6
XPH SPDR S&P Pharmaceuticals ETF 11.4 35 15 5.5 +7.4
IBBQ Invesco Nasdaq Biotechnology ETF 10.5 19 31 0.9 +2.9
IBB iShares Biotechnology ETF 9.7 45 5 0.3 +2.2
HRTS Tema GLP-1 Obesity & Cardiometabolic ETF 9.4 75 -25 -1.6 +0.4
FBT First Trust NYSE Arca Biotechnology Index Fund 8.7 56 -6 3.1 +5.0
IDNA iShares Genomics Immunology and Healthcare ETF 7.9 47 3 -4.3 -2.3
WDNA WisdomTree BioRevolution Fund 7.9 45 5 -3.8 -1.8
HAPS Harbor Human Capital Factor US Small Cap ETF 7.2 60 -10 2.4 +4.3
PBE Invesco Biotechnology & Genome ETF 7.2 58 -8 -2.4 -0.5
QQQS Invesco NASDAQ Future Gen 200 ETF 6.6 20 30 -10.7 -8.8
IWC iShares Micro-Cap ETF 6.3 60 -10 -4.9 -2.9
BMED Future Health ETF 6.3 85 -35 -0.2 +1.7
IWO iShares Russell 2000 Growth ETF 5.9 24 26 0.6 +2.5
VTWG Vanguard Russell 2000 Growth ETF 5.9 15 35 0.7 +2.6
LFSC F/m Emerald Life Sciences Innovation ETF 5.6 79 -29 -2.9 -0.9
FTXH First Trust Nasdaq Pharmaceuticals ETF 5.4 60 -10 9.8 +11.8
PJP Invesco Pharmaceuticals ETF 5.1 57 -7 10.3 +12.3
MEDX Horizon Kinetics Medical ETF 5.1 85 -35 -0.3 +1.7
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 4.9 59 -9 3.9 +5.8
GNOM Global X Genomics & Biotechnology ETF 4.9 50 0 -5.6 -3.6
IHE iShares U.S. Pharmaceuticals ETF 4.8 40 10 8.7 +10.7
FYC First Trust Small Cap Growth AlphaDEX Fund 4.7 71 -21 -0.5 +1.5
HELX Franklin Genomic Advancements ETF 4.6 50 0 0.4 +2.3
GURU Global X Guru Index ETF 4.3 75 -25 1.7 +3.6
JFWD Jacob Forward ETF 4.0 75 -25 0.0 +2.0
IWM iShares Russell 2000 ETF 4.0 19 31 2.8 +4.8
RSSL Global X Russell 2000 ETF 4.0 8 42 2.6 +4.6
VTWO Vanguard Russell 2000 ETF 4.0 10 40 2.9 +4.9
FMED Fidelity Disruptive Medicine ETF 3.9 50 0 -0.4 +1.6
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 3.9 9 41 3.3 +5.3
XSHQ Invesco S&P SmallCap Quality ETF 3.7 29 21 8.3 +10.3
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 3.7 60 -10 1.4 +3.3
FESM Fidelity Enhanced Small Cap ETF 3.4 28 22 1.7 +3.7
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF 3.3 65 -15 3.9 +5.9
PSIL AdvisorShares Psychedelics ETF 3.2 99 -49 -8.2 -6.3
SMCP AlphaMark Actively Managed Small Cap ETF 3.1 90 -40 3.9 +5.9
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 3.0 35 15 4.6 +6.5
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 3.0 20 30 4.0 +5.9
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 3.0 95 -45 0.9 +2.9
JSML Janus Henderson Small Cap Growth Alpha ETF 3.0 30 20 6.5 +8.5
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 2.8 20 30 4.6 +6.5
VFMO Vanguard U.S. Momentum Factor ETF 2.7 13 37 2.1 +4.1
STXK Strive Small-Cap ETF 2.7 18 32 5.0 +7.0
BHCHX Baron Health Care Strategy 2.6 75 -25 -0.8 +1.2
SIXS ETC 6 Meridian Small Cap Equity ETF 2.6 89 -39 8.2 +10.2
SSLY Syntax Stratified SmallCap ETF 2.6 40 10 7.4 +9.4
CALF Pacer US Small Cap Cash Cows 100 ETF 2.5 59 -9 5.1 +7.0
ISCG iShares Morningstar Small-Cap Growth ETF 2.4 6 44 2.3 +4.2
BKSE BNY Mellon US Small Cap Core Equity ETF 2.4 4 46 4.8 +6.7
AFSM First Trust Active Factor Small Cap ETF 2.2 75 -25 6.3 +8.3
ESML iShares ESG Aware MSCI USA Small-Cap ETF 2.2 17 33 4.7 +6.6
IJT iShares S&P Small-Cap 600 Growth ETF 2.2 18 32 5.8 +7.7
NUSC Nuveen ESG Small-Cap ETF 2.2 31 19 5.0 +7.0
AVSC Avantis U.S Small Cap Equity ETF 2.2 25 25 4.7 +6.7
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.2 15 35 5.8 +7.8
SLYG SPDR S&P 600 Small Cap Growth ETF 2.1 15 35 5.8 +7.7
AGNG Global X Aging Population ETF 2.1 50 0 4.2 +6.2
FYX First Trust Small Cap Core AlphaDEX Fund 2.1 61 -11 4.6 +6.5
OZEM Roundhill GLP-1 & Weight Loss ETF 2.1 59 -9 -0.8 +1.2
PSC Principal U.S. Small-Cap ETF 2.0 38 12 5.9 +7.9
SCHA Schwab U.S. Small-Cap ETF 2.0 4 46 4.4 +6.4
SMLF iShares U.S. SmallCap Equity Factor ETF 1.9 15 35 4.6 +6.6
FFTY Innovator IBD 50 ETF 1.9 80 -30 -0.6 +1.4
IWN iShares Russell 2000 Value ETF 1.9 24 26 4.8 +6.8
VTWV Vanguard Russell 2000 Value ETF 1.9 15 35 4.9 +6.9
ISMD Inspire Small/Mid Cap ETF 1.9 54 -4 5.3 +7.3
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.8 35 15 6.6 +8.5
ISCB iShares Morningstar Small-Cap ETF 1.8 4 46 4.8 +6.7
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.7 39 11 5.8 +7.8
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 1.6 15 35 7.5 +9.4
IJR iShares Core S&P Small Cap ETF 1.6 6 44 6.6 +8.6
OPTZ Optimize Strategy Index ETF 1.6 50 0 2.9 +4.9
VIOO Vanguard S&P Small-Cap 600 ETF 1.6 10 40 6.6 +8.5
SPSM SPDR Portfolio S&P 600 Small Cap ETF 1.6 3 47 6.7 +8.6
VHT Vanguard Health Care ETF 1.6 10 40 5.7 +7.7
XJR iShares ESG Screened S&P Small-Cap ETF 1.5 12 38 7.0 +8.9
VXF Vanguard Extended Market ETF 1.5 6 44 3.5 +5.5
NIXT Research Affiliates Deletions ETF 1.4 9 41 5.2 +7.2
PINK Simplify Health Care ETF 1.4 50 0 3.3 +5.3
ROSC Hartford Multifactor Small Cap ETF 1.4 34 16 8.6 +10.6
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.3 70 -20 2.7 +4.7
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.3 64 -14 1.8 +3.8
VBK Vanguard Small-Cap Growth ETF 1.3 7 43 1.1 +3.1
FHLC Fidelity MSCI Health Care Index ETF 1.3 8 42 6.0 +8.0
DFAS Dimensional U.S. Small Cap ETF 1.3 26 24 5.5 +7.5
ARKG ARK Genomic Revolution ETF 1.3 75 -25 -4.6 -2.6
ETHO Etho Climate Leadership U.S. ETF 1.2 47 3 3.4 +5.4
ESIX SPDR S&P SmallCap 600 ESG ETF 1.2 12 38 7.4 +9.4
GDOC Goldman Sachs Future Health Care Equity ETF 1.1 75 -25 3.7 +5.6
GRPZ Invesco S&P SmallCap 600 GARP ETF 1.1 35 15 9.8 +11.8
IJS iShares S&P Small-Cap 600 Value ETF 1.1 18 32 7.4 +9.4
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.1 29 21 6.5 +8.5
MEDI Harbor Health Care ETF 1.0 80 -30 1.4 +3.4
VIOV Vanguard S&P Small-Cap 600 Value ETF 1.0 15 35 7.4 +9.4
SLYV SPDR S&P 600 Small Cap Value ETF 1.0 15 35 7.4 +9.4
KOMP SPDR S&P Kensho New Economies Composite ETF 1.0 20 30 1.0 +3.0
SQLV Royce Quant Small-Cap Quality Value ETF 1.0 60 -10 7.1 +9.1
SIXL ETC 6 Meridian Low Beta Equity ETF 1.0 80 -30 4.2 +6.2
FSMD Fidelity Small-Mid Multifactor ETF 1.0 15 35 6.8 +8.8
FSMO Fidelity Small-Mid Cap Opportunities ETF 1.0 60 -10 6.4 +8.3
FPX First Trust US Equity Opportunities ETF 0.9 61 -11 1.5 +3.4
ARKK ARK Innovation ETF 0.9 75 -25 -3.2 -1.3
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 0.9 55 -5 4.3 +6.3
BIOPX Baron Opportunity Retail 0.9 75 -25 1.0 +3.0
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.9 39 11 4.1 +6.0
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.9 35 15 5.9 +7.9
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.9 70 -20 3.5 +5.5
SFLO VictoryShares Small Cap Free Cash Flow ETF 0.9 49 1 10.2 +12.1
ISCV iShares Morningstar Small Cap Value ETF 0.8 6 44 7.2 +9.2
PGJ Invesco Golden Dragon China ETF 0.8 70 -20 4.9 +6.9
FNX First Trust Mid Cap Core AlphaDEX Fund 0.8 60 -10 6.8 +8.8
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.7 30 20 5.4 +7.4
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.7 25 25 7.2 +9.2
VUSE Vident U.S. Equity Strategy ETF 0.7 50 0 4.4 +6.3
GINN Goldman Sachs Innovate Equity ETF 0.7 52 -2 2.8 +4.7
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.7 79 -29 4.6 +6.6
DFNV Donoghue Forlines Innovation ETF 0.7 69 -19 4.7 +6.6
VB Vanguard Small-Cap ETF 0.6 5 45 4.9 +6.9
XSMO Invesco S&P SmallCap Momentum ETF 0.6 39 11 6.8 +8.8
VIDI Vident International Equity Strategy ETF 0.6 61 -11 10.2 +12.2
BFOR ALPS Barron's 400 ETF 0.5 65 -15 5.6 +7.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.5 21 29 3.8 +5.8
GVLU Gotham 1000 Value ETF 0.5 50 0 7.4 +9.4
TPSC Timothy Plan US Small Cap Core ETF 0.4 52 -2 6.5 +8.5
HKND Humankind US Stock ETF 0.4 11 39 7.1 +9.1
ACTV LeaderShares Activist Leaders ETF 0.4 75 -25 6.7 +8.6
DEEP Roundhill Acquirers Deep Value ETF 0.4 80 -30 21.0 +22.9
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.4 35 15 6.2 +8.2
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 0.4 42 8 6.1 +8.1
BOUT Innovator IBD Breakout Opportunities ETF 0.4 81 -31 3.6 +5.6
QGRO American Century U.S. Quality Growth ETF 0.4 29 21 4.4 +6.4
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.4 24 26 7.0 +9.0
EES WisdomTree U.S. SmallCap Fund 0.4 38 12 9.1 +11.0
HTEC ROBO Global Healthcare Technology and Innovation ETF 0.4 68 -18 -0.1 +1.8
EDOC Global X Telemedicine & Digital Health ETF Registered 0.4 68 -18 -4.1 -2.1
XHS SPDR S&P Health Care Services ETF 0.4 35 15 6.3 +8.3
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.4 12 38 7.2 +9.1
IZRL ARK Israel Innovative Technology ETF 0.3 49 1 1.3 +3.3
ITEQ BlueStar Israel Technology ETF 0.3 75 -25 1.2 +3.1
GWX SPDR S&P International Small Cap ETF 0.3 40 10 6.5 +8.4
JHSC John Hancock Multifactor Small Cap ETF 0.3 42 8 6.6 +8.5
VFQY Vanguard U.S. Quality Factor ETF 0.3 13 37 7.5 +9.5
FNK First Trust Mid Cap Value AlphaDEX Fund 0.3 70 -20 10.0 +12.0
AVUV Avantis U.S. Small Cap Value ETF 0.3 25 25 8.8 +10.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.3 39 11 7.5 +9.5
DFAC Dimensional U.S. Core Equity 2 ETF 0.3 17 33 5.3 +7.3
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.3 7 43 5.3 +7.3
FDWM Fidelity Women's Leadership ETF 0.3 59 -9 4.7 +6.6
SFYX SoFi Next 500 ETF 0.2 0 50 4.7 +6.7
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.2 25 25 5.2 +7.2
THNR Amplify Weight Loss Drug & Treatment ETF 0.2 59 -9 5.2 +7.2
ANEW ProShares MSCI Transformational Changes ETF 0.2 45 5 3.6 +5.5
SVAL iShares US Small Cap Value Factor ETF 0.2 20 30 9.8 +11.8
SXQG ETC 6 Meridian Quality Growth ETF 0.2 100 -50 4.0 +6.0
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 47 4.8 +6.8
APIE ActivePassive International Equity ETF 0.2 45 5 8.1 +10.1
VTI Vanguard Total Stock Market ETF 0.2 3 47 4.7 +6.7
IWV iShares Russell 3000 ETF 0.2 20 30 4.7 +6.6
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.2 47 3 8.0 +9.9
DFAT Dimensional U.S. Targeted Value ETF 0.2 28 22 7.8 +9.7
VFMF Vanguard U.S. Multifactor ETF 0.2 18 32 8.5 +10.5
VTHR Vanguard Russell 3000 ETF 0.2 10 40 4.7 +6.7
RZV Invesco S&P Smallcap 600 Pure Value ETF 0.2 35 15 8.1 +10.0
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.2 40 10 3.8 +5.8
EZM WisdomTree U.S. MidCap Fund 0.2 38 12 7.4 +9.3
DCOR Dimensional US Core Equity 1 ETF 0.2 14 36 5.3 +7.3
SMCF Themes US Small Cap Cash Flow Champions ETF 0.2 29 21 10.2 +12.1
FELV Fidelity Enhanced Large Cap Value ETF 0.2 18 32 6.4 +8.4
FNDA Schwab Fundamental US Small Co. Index ETF 0.1 25 25 6.0 +8.0
VALQ American Century U.S. Quality Value ETF 0.1 29 21 7.4 +9.4
VBR Vanguard Small Cap Value ETF 0.1 7 43 7.8 +9.8
SCHB Schwab U.S. Broad Market ETF 0.1 3 47 4.9 +6.8
DFAU Dimensional US Core Equity Market ETF 0.1 12 38 5.0 +7.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 41 5.4 +7.3
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 41 4.8 +6.7
AVUS Avantis U.S. Equity ETF 0.1 15 35 5.6 +7.6
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 35 6.1 +8.0
SCHM Schwab U.S. Mid-Cap ETF 0.1 4 46 6.0 +7.9
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 67 -17 8.6 +10.5
DFUS Dimensional U.S. Equity ETF 0.1 9 41 4.9 +6.8
QLV FlexShares US Quality Low Volatility Index Fund 0.1 22 28 3.8 +5.8
ROUS Hartford Multifactor US Equity ETF 0.1 19 31 6.5 +8.5
AOTG AOT Growth and Innovation ETF 0.1 75 -25 3.1 +5.1
FELC Fidelity Enhanced Large Cap Core ETF 0.1 18 32 5.3 +7.3
IHF iShares U.S. Healthcare Providers ETF 0.1 40 10 6.6 +8.6
TMFX Motley Fool Next Index ETF 0.1 50 0 2.8 +4.7
VT Vanguard Total World Stock ETF 0.1 7 43 5.5 +7.5
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -9 2.8 +4.8
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 38 4.5 +6.5
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 47 7.2 +9.2
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.0 3 47 5.1 +7.1
VFVA Vanguard U.S. Value Factor ETF 0.0 13 37 10.0 +12.0
PKW Invesco Buyback Achievers ETF 0.0 62 -12 6.4 +8.4
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 32 5.4 +7.4
DFUV Dimensional US Marketwide Value ETF 0.0 22 28 7.2 +9.1
VFMV Vanguard U.S. Minimum Volatility ETF 0.0 13 37 5.0 +6.9
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 38 6.7 +8.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.0 15 35 10.2 +12.2
AVSD Avantis Responsible International Equity ETF 0.0 23 27 7.1 +9.1
SCHK Schwab 1000 Index ETF 0.0 5 45 5.0 +7.0
IYY iShares Dow Jones U.S. ETF 0.0 20 30 4.8 +6.8
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 27 9.1 +11.1
JSTC Adasina Social Justice All Cap Global ETF 0.0 89 -39 4.9 +6.9
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 25 6.8 +8.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.0 39 11 7.2 +9.2
AVDE Avantis International Equity ETF 0.0 23 27 8.1 +10.0
DFSV Dimensional US Small Cap Value ETF 0.0 31 19 8.3 +10.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.0 38 12 7.8 +9.8
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 15 7.3 +9.3

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

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2019 2020 2021 2022 2023 2024E 2025E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

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:		 ALPS Medical Breakthroughs 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 -45.0 %
Divided by: Fwd. P/BV 30.7 x
Less: Expense ratio 50 bp
Equals: ALTAR Score -2.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.22 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.