ALPS Medical Breakthroughs ETF
ALTAR
Score™		 0.0% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 -16.2x P/Sales
ratio		 11.9x
P/BV
ratio		 0.0x Div.
yield		 0.2%


  • 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) $89
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) $3,385
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 36.9%
Small cap (<$2bn) 57.1%
Developed mkts 97.6%
Emerging mkts 2.4%

TOP TEN HOLDINGS
AVIDITY BIOSCIENCES INC 4.8 %
CYTOKINETICS INC 3.6 %
AXSOME THERAPEUTICS, INC. 3.3 %
MERUS N.V. 3.2 %
RHYTHM PHARMACEUTICALS, INC. 3.1 %
NUVALENT, INC. CLASS A 2.8 %
VAXCYTE, INC. 2.8 %
PTC THERAPEUTICS INC 2.7 %
KRYSTAL BIOTECH, INC. 2.6 %
ARROWHEAD PHARMACEUTICALS, INC. 2.6 %
Total 31.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 82.3 %
NETHERLANDS 3.2 %
IRELAND 2.4 %
CHINA 1.1 %
BRITAIN 1.0 %
BELGIUM 1.0 %
CANADA 0.9 %
GERMANY 0.6 %
CAYMAN ISLANDS 0.4 %
SWITZERLAND 0.4 %

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.
36.6% 19.6% 0.7% 4.8% 6.1%

Market Correlations
versus... Beta R-squared
S&P500 1.22 29%
MSCI EAFE 0.70 13%
MSCI Emg. Mkts. 0.35 4%

Technical Indicators
Recent close $46.08
30d moving avg. $43.22
Annualized volatility 29.2%
Short interest (ETF) 1.5%
Short interest (Underlying) 9.6%
Relative strength (RSI) 68

Liquidity measures
Avg. volume (thou.) 49
Turnover 2.6%
Bid/Ask (% of price) 0.30%
ADV underlying (mns) $1,326

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 263 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™: 0.0%


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 33.7 79 -29 0.0 0.0
XBI State Street SPDR S&P Biotech ETF 31.4 35 15 -2.1 -2.1
BBP Virtus LifeSci Biotech Products ETF 24.0 79 -29 -1.6 -1.6
CANC Tema Oncology ETF 17.7 75 -25 -2.5 -2.5
PTH Invesco Dorsey Wright Healthcare Momentum ETF 14.5 60 -10 -1.0 -1.0
IBRN iShares Neuroscience and Healthcare ETF 13.8 47 3 0.0 0.0
PSCH Invesco S&P SmallCap Health Care ETF 13.7 29 21 4.0 +4.0
IBB iShares Biotechnology ETF 13.1 45 5 -0.0 -0.0
IBBQ Invesco Nasdaq Biotechnology ETF 12.7 19 31 0.3 +0.3
XPH State Street SPDR S&P Pharmaceuticals ETF 10.0 35 15 1.5 +1.5
BMED Future Health ETF 8.8 85 -35 0.3 +0.3
IDNA iShares Genomics Immunology and Healthcare ETF 8.4 47 3 -2.2 -2.2
GNOM Global X Genomics & Biotechnology ETF 8.1 50 0 -2.9 -2.9
HAPS Harbor Human Capital Factor US Small Cap ETF 8.0 60 -10 4.1 +4.1
MEDI Harbor Health Care ETF 7.7 80 -30 -1.8 -1.8
LFSC F/m Emerald Life Sciences Innovation ETF 7.4 79 -29 0.0 0.0
IWO iShares Russell 2000 Growth ETF 7.1 24 26 0.9 +0.9
FMED Fidelity Disruptive Medicine ETF 7.0 50 0 -0.7 -0.7
VTWG Vanguard Russell 2000 Growth ETF 6.7 10 40 1.1 +1.1
FYC First Trust Small Cap Growth AlphaDEX Fund 6.7 71 -21 -1.6 -1.6
FBT First Trust NYSE Arca Biotechnology Index Fund 6.6 56 -6 3.0 +3.0
WDNA WisdomTree BioRevolution Fund 6.6 45 5 -2.3 -2.3
FTXH First Trust Nasdaq Pharmaceuticals ETF 6.6 60 -10 8.5 +8.5
GURU Global X Guru Index ETF 6.5 75 -25 3.2 +3.2
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 6.5 95 -45 0.3 +0.3
HRTS Tema Heart & Health ETF 6.4 75 -25 2.1 +2.1
PBE Invesco Biotechnology & Genome ETF 6.3 58 -8 1.6 +1.6
SCDS JPMorgan Fundamental Data Science Small Core ETF 6.1 40 10 5.1 +5.1
STXK Strive Small-Cap ETF 5.8 18 32 6.4 +6.4
IHE iShares U.S. Pharmaceuticals ETF 5.4 40 10 6.8 +6.8
FNY First Trust Mid Cap Growth AlphaDEX Fund 5.4 70 -20 2.4 +2.4
QQQS Invesco NASDAQ Future Gen 200 ETF 5.4 20 30 -4.9 -4.9
RSSL Global X Russell 2000 ETF 5.3 8 42 4.4 +4.4
IWM iShares Russell 2000 ETF 5.2 19 31 4.5 +4.5
IWC iShares Micro-Cap ETF 5.1 60 -10 -1.7 -1.7
VTWO Vanguard Russell 2000 ETF 4.9 7 43 4.6 +4.6
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 4.9 60 -10 -1.0 -1.0
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 4.7 9 41 4.3 +4.3
OZEM Roundhill GLP-1 & Weight Loss ETF 4.6 59 -9 3.4 +3.4
RZG Invesco S&P Smallcap 600 Pure Growth ETF 4.2 35 15 4.0 +4.0
NIXT Research Affiliates Deletions ETF 4.1 9 41 9.0 +9.0
GRPZ Invesco S&P SmallCap 600 GARP ETF 4.1 35 15 7.9 +7.9
BKSE BNY Mellon US Small Cap Core Equity ETF 4.0 4 46 6.2 +6.2
FESM Fidelity Enhanced Small Cap ETF 3.8 28 22 7.3 +7.3
FFTY Innovator IBD 50 ETF 3.6 80 -30 -2.7 -2.7
SPIT F/m Emerald Special Situations ETF 3.4 105 -55 -1.0 -1.0
IJT iShares S&P Small-Cap 600 Growth ETF 3.2 18 32 5.9 +5.9
HELX Franklin Genomic Advancements ETF 3.2 50 0 -0.4 -0.4
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 3.2 20 30 5.9 +5.9
IWN iShares Russell 2000 Value ETF 3.1 24 26 8.2 +8.2
PJP Invesco Pharmaceuticals ETF 3.1 57 -7 7.9 +7.9
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 3.0 15 35 5.9 +5.9
FYX First Trust Small Cap Core AlphaDEX Fund 3.0 61 -11 6.2 +6.2
JDOC JPMorgan Healthcare Leaders ETF 3.0 65 -15 3.9 +3.9
FPXE First Trust IPOX Europe Equity Opportunities ETF 3.0 70 -20 4.1 +4.1
VTWV Vanguard Russell 2000 Value ETF 3.0 10 40 8.3 +8.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 3.0 64 -14 1.3 +1.3
SCHA Schwab U.S. Small-Cap ETF 3.0 4 46 6.7 +6.7
ETHO Etho Climate Leadership U.S. ETF 2.9 47 3 5.9 +5.9
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.9 10 40 6.0 +6.0
ISCG iShares Morningstar Small-Cap Growth ETF 2.8 6 44 3.1 +3.1
FNX First Trust Mid Cap Core AlphaDEX Fund 2.8 60 -10 7.4 +7.4
SMLF iShares U.S. SmallCap Equity Factor ETF 2.7 15 35 6.4 +6.4
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 2.6 20 30 6.3 +6.3
HTEC ROBO Global Healthcare Technology and Innovation ETF 2.6 68 -18 2.3 +2.3
MEDX Horizon Kinetics Medical ETF 2.6 85 -35 1.2 +1.2
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 2.5 39 11 4.6 +4.6
AGNG Global X Aging Population ETF 2.5 50 0 4.6 +4.6
ISCB iShares Morningstar Small-Cap ETF 2.5 4 46 6.6 +6.6
XJR iShares ESG Screened S&P Small-Cap ETF 2.4 12 38 8.1 +8.1
ECML Euclidean Fundamental Value ETF 2.4 95 -45 11.1 +11.1
VBK Vanguard Small-Cap Growth ETF 2.4 7 43 1.9 +1.9
AVSC Avantis U.S Small Cap Equity ETF 2.3 25 25 5.6 +5.6
VAMO Cambria Value & Momentum ETF 2.3 61 -11 6.7 +6.7
NUSC Nuveen ESG Small-Cap ETF 2.3 31 19 5.5 +5.5
IJR iShares Core S&P Small Cap ETF 2.2 6 44 8.2 +8.2
HYP Golden Eagle Dynamic Hypergrowth ETF 2.2 85 -35 -1.7 -1.7
VHT Vanguard Health Care ETF 2.2 9 41 5.6 +5.6
PSIL AdvisorShares Psychedelics ETF 2.2 99 -49 0.0 0.0
VFMO Vanguard U.S. Momentum Factor ETF 2.1 13 37 3.3 +3.3
JHSC John Hancock Multifactor Small Cap ETF 2.1 42 8 7.2 +7.2
ESML iShares ESG Aware MSCI USA Small-Cap ETF 2.1 17 33 6.3 +6.3
XSHQ Invesco S&P SmallCap Quality ETF 2.1 29 21 8.2 +8.2
ISCV iShares Morningstar Small Cap Value ETF 2.0 6 44 9.9 +9.9
ESIX State Street SPDR S&P SmallCap 600 ESG ETF 2.0 12 38 8.7 +8.7
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 2.0 3 47 8.2 +8.2
VXF Vanguard Extended Market ETF 2.0 5 45 5.0 +5.0
PSC Principal U.S. Small-Cap ETF 2.0 38 12 7.4 +7.4
AFSM First Trust Active Factor Small Cap ETF 2.0 75 -25 7.9 +7.9
VIOO Vanguard S&P Small-Cap 600 ETF 1.9 7 43 8.1 +8.1
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.8 39 11 6.2 +6.2
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.8 60 -10 7.2 +7.2
ISMD Inspire Small/Mid Cap ETF 1.8 54 -4 5.9 +5.9
TMAT Main Thematic Innovation ETF 1.8 164 -114 -1.5 -1.5
EES WisdomTree U.S. SmallCap Fund 1.6 38 12 9.3 +9.3
GDOC Goldman Sachs Future Health Care Equity ETF 1.6 75 -25 2.6 +2.6
FHLC Fidelity MSCI Health Care Index ETF 1.6 8 42 5.9 +5.9
FFSM Fidelity Fundamental Small-Mid Cap ETF 1.6 43 7 6.5 +6.5
ABFL Abacus FCF Leaders ETF 1.6 59 -9 5.3 +5.3
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.6 35 15 10.3 +10.3
CALF Pacer US Small Cap Cash Cows 100 ETF 1.5 59 -9 11.1 +11.1
DFAS Dimensional U.S. Small Cap ETF 1.5 26 24 7.1 +7.1
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 1.4 15 35 8.2 +8.2
ABLG Abacus FCF International Leaders ETF 1.3 59 -9 6.8 +6.8
HART IQ Healthy Hearts ETF 1.3 45 5 6.4 +6.4
VB Vanguard Small-Cap ETF 1.3 5 45 6.5 +6.5
OPTZ Optimize Strategy Index ETF 1.3 50 0 5.0 +5.0
SFYX SoFi Next 500 ETF 1.2 0 50 6.3 +6.3
WCEO Hypatia Women CEO ETF 1.2 85 -35 3.3 +3.3
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 1.2 59 -9 6.9 +6.9
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.2 25 25 8.2 +8.2
RNSC Furst Trust Small Cap US Equity Select ETF 1.1 60 -10 5.3 +5.3
IJS iShares S&P Small-Cap 600 Value ETF 1.1 18 32 10.5 +10.5
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 1.0 12 38 7.8 +7.8
SVAL iShares US Small Cap Value Factor ETF 1.0 20 30 9.5 +9.5
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.0 29 21 8.7 +8.7
SLYV State Street SPDR S&P 600 Small Cap Value ETF 1.0 15 35 10.6 +10.6
VIOV Vanguard S&P Small-Cap 600 Value ETF 1.0 10 40 10.5 +10.5
GVLU Gotham 1000 Value ETF 1.0 50 0 9.3 +9.3
FSGS First Trust SMID Growth Strength ETF 1.0 60 -10 5.4 +5.4
TPSC Timothy Plan US Small Cap Core ETF 0.9 52 -2 7.5 +7.5
FSMD Fidelity Small-Mid Multifactor ETF 0.8 15 35 7.3 +7.3
AVUV Avantis U.S. Small Cap Value ETF 0.8 25 25 10.5 +10.5
XSMO Invesco S&P SmallCap Momentum ETF 0.8 39 11 4.8 +4.8
FXH First Trust Health Care AlphaDEX Fund 0.8 62 -12 8.2 +8.2
SFLO VictoryShares Small Cap Free Cash Flow ETF 0.8 49 1 11.6 +11.6
PGJ Invesco Golden Dragon China ETF 0.7 70 -20 14.5 +14.5
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.7 7 43 6.2 +6.2
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.7 24 26 8.0 +8.0
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.7 35 15 7.6 +7.6
VFQY Vanguard U.S. Quality Factor ETF 0.7 13 37 6.5 +6.5
TMFX Motley Fool Next Index ETF 0.6 50 0 3.5 +3.5
QLV FlexShares US Quality Low Volatility Index Fund 0.6 22 28 5.8 +5.8
FDM First Trust Dow Jones Select MicroCap Index Fund 0.6 60 -10 8.8 +8.8
DUNK Dana Unconstrained Equity ETF 0.6 75 -25 2.7 +2.7
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.6 20 30 3.1 +3.1
GINN Goldman Sachs Innovate Equity ETF 0.6 52 -2 3.9 +3.9
HKND Humankind US Stock ETF 0.6 11 39 7.4 +7.4
FLDZ RiverNorth Patriot ETF 0.6 75 -25 6.7 +6.7
GWX SPDR S&P International Small Cap ETF 0.6 40 10 7.0 +7.0
AVIE Avantis  Inflation Focused Equity ETF 0.6 25 25 7.2 +7.2
BFOR ALPS Barron's 400 ETF 0.5 65 -15 6.3 +6.3
ONEQ Fidelity Nasdaq Composite Index ETF 0.5 21 29 3.9 +3.9
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.5 40 10 4.1 +4.1
DANA Dana Unconstrained Equity ETF 0.5 50 0 3.2 +3.2
IZRL ARK Israel Innovative Technology ETF 0.5 49 1 1.6 +1.6
VIDI Vident International Equity Strategy ETF 0.5 61 -11 10.7 +10.7
TINY ProShares Nanotechnology ETF 0.5 58 -8 3.5 +3.5
LRNZ TrueShares Technology, AI & Deep Learning ETF 0.5 69 -19 -0.8 -0.8
SQLV Royce Quant Small-Cap Quality Value ETF 0.5 60 -10 10.1 +10.1
VBR Vanguard Small Cap Value ETF 0.5 7 43 9.6 +9.6
SIXL ETC 6 Meridian Low Beta Equity ETF 0.5 80 -30 6.4 +6.4
FNK First Trust Mid Cap Value AlphaDEX Fund 0.4 70 -20 11.5 +11.5
DFNV Donoghue Forlines Innovation ETF 0.4 69 -19 4.5 +4.5
FYT First Trust Small Cap Value AlphaDEX Fund 0.4 73 -23 12.6 +12.6
SCHM Schwab U.S. Mid-Cap ETF 0.4 4 46 7.5 +7.5
XHS State Street SPDR S&P Health Care Services ETF 0.4 35 15 4.2 +4.2
DXUV Dimensional US Vector Equity ETF 0.4 28 22 6.4 +6.4
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.4 39 11 10.7 +10.7
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.4 15 35 6.4 +6.4
VFMF Vanguard U.S. Multifactor ETF 0.4 18 32 8.2 +8.2
PPH VanEck Pharmaceutical ETF 0.3 36 14 8.0 +8.0
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.3 15 35 8.5 +8.5
SXQG ETC 6 Meridian Quality Growth ETF 0.3 100 -50 5.1 +5.1
XJH iShares ESG Screened S&P Mid-Cap ETF 0.3 12 38 7.6 +7.6
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.3 15 35 5.1 +5.1
ROUS Hartford Multifactor US Equity ETF 0.3 19 31 7.3 +7.3
IJJ iShares S&P Mid-Cap 400 Value ETF 0.3 18 32 9.1 +9.1
ROSC Hartford Multifactor Small Cap ETF 0.3 34 16 9.6 +9.6
SAGP Strategas Global Policy Opportunities ETF 0.3 65 -15 5.7 +5.7
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 0.3 15 35 9.2 +9.2
IJH iShares Core S&P Mid-Cap ETF 0.3 5 45 7.7 +7.7
MDY SPDR S&P Midcap 400 ETF Trust 0.3 24 26 7.5 +7.5
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.3 10 40 9.3 +9.3
EZM WisdomTree U.S. MidCap Fund 0.3 38 12 9.2 +9.2
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.3 3 47 7.7 +7.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 47 5.0 +5.0
IJK iShares S&P Mid-Cap 400 Growth ETF 0.3 17 33 6.3 +6.3
IVOO Vanguard S&P Mid-Cap 400 ETF 0.3 7 43 7.7 +7.7
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 25 5.8 +5.8
VTI Vanguard Total Stock Market ETF 0.2 3 47 5.0 +5.0
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.2 15 35 6.3 +6.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 17 33 5.8 +5.8
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.2 10 40 6.3 +6.3
VTHR Vanguard Russell 3000 ETF 0.2 7 43 5.0 +5.0
IWV iShares Russell 3000 ETF 0.2 20 30 4.9 +4.9
FAB First Trust Multi Cap Value AlphaDEX Fund 0.2 67 -17 10.5 +10.5
DCOR Dimensional US Core Equity 1 ETF 0.2 14 36 5.6 +5.6
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 30 7.5 +7.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 41 5.7 +5.7
SCHB Schwab U.S. Broad Market ETF 0.2 3 47 5.2 +5.2
LQPE PEO AlphaQuest Thematic PE ETF 0.2 125 -75 7.2 +7.2
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 41 4.9 +4.9
DFAT Dimensional U.S. Targeted Value ETF 0.2 28 22 10.6 +10.6
AVDS Avantis International Small Cap Equity ETF 0.2 30 20 7.2 +7.2
VALQ American Century U.S. Quality Value ETF 0.1 29 21 8.3 +8.3
DFAU Dimensional US Core Equity Market ETF 0.1 12 38 5.2 +5.2
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.1 4 46 6.3 +6.3
AVUQ Avantis U.S. Quality ETF 0.1 15 35 4.6 +4.6
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -9 3.1 +3.1
IYH iShares U.S. Healthcare ETF 0.1 40 10 6.4 +6.4
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.1 35 15 7.5 +7.5
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.1 35 15 6.1 +6.1
PTL Inspire 500 ETF 0.1 9 41 5.6 +5.6
IHF iShares U.S. Healthcare Providers ETF 0.1 40 10 8.3 +8.3
SMMD iShares Russell 2500 ETF 0.1 15 35 7.3 +7.3
ISCF iShares International SmallCap Equity Factor ETF 0.1 23 27 8.4 +8.4
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 8 6.6 +6.6
ARKG ARK Genomic Revolution ETF 0.1 75 -25 0.0 0.0
EBI Longview Advantage ETF 0.1 35 15 7.0 +7.0
DFUS Dimensional U.S. Equity ETF 0.1 9 41 5.0 +5.0
IWP iShares Russell Mid-Cap Growth ETF 0.1 23 27 3.5 +3.5
VT Vanguard Total World Stock ETF 0.1 6 44 5.9 +5.9
QGRO American Century U.S. Quality Growth ETF 0.1 29 21 4.0 +4.0
VFVA Vanguard U.S. Value Factor ETF 0.1 13 37 11.3 +11.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 1 7.2 +7.2
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.1 20 30 4.8 +4.8
AVUS Avantis U.S. Equity ETF 0.1 15 35 6.0 +6.0
AVMV Avantis U.S. Mid Cap Value ETF 0.1 20 30 9.4 +9.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 47 6.9 +6.9
APIE ActivePassive International Equity ETF 0.1 45 5 7.4 +7.4
FNDA Schwab Fundamental US Small Co. Index ETF 0.1 25 25 9.4 +9.4
GEW Cambria Global EW ETF 0.1 29 21 0.0 0.0
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.1 3 47 5.3 +5.3
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 38 4.2 +4.2
IWR iShares Russell Midcap ETF 0.1 19 31 6.6 +6.6
JMOM JPMorgan U.S. Momentum Factor ETF 0.1 12 38 4.8 +4.8
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 35 6.1 +6.1
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 35 5.0 +5.0
DFUV Dimensional US Marketwide Value ETF 0.0 22 28 7.8 +7.8
SCHK Schwab 1000 Index ETF 0.0 5 45 5.2 +5.2
IWS iShares Russell Mid-Cap Value ETF 0.0 23 27 7.5 +7.5
FSST Fidelity Sustainable U.S. Equity ETF 0.0 59 -9 4.2 +4.2
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.0 12 38 7.7 +7.7
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.0 15 35 7.6 +7.6
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 39 5.1 +5.1
STXG Strive 1000 Growth ETF 0.0 18 32 4.0 +4.0
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 32 5.5 +5.5
FNDC Schwab Fundamental International Small Co. Index ETF 0.0 39 11 6.0 +6.0
RECS Columbia Research Enhanced Core ETF 0.0 15 35 6.0 +6.0
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 38 4.8 +4.8
AVSD Avantis Responsible International Equity ETF 0.0 23 27 5.3 +5.3
IYY iShares Dow Jones U.S. ETF 0.0 20 30 4.9 +4.9
IUSV iShares Core S&P US Value ETF 0.0 4 46 6.6 +6.6
IWD iShares Russell 1000 Value ETF 0.0 19 31 6.7 +6.7
VONV Vanguard Russell 1000 Value ETF 0.0 7 43 6.8 +6.8
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 11 7.0 +7.0
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 46 4.4 +4.4
STXV Strive 1000 Value ETF 0.0 18 32 8.4 +8.4
IWB iShares Russell 1000 ETF 0.0 15 35 5.0 +5.0
VONE Vanguard Russell 1000 ETF 0.0 7 43 5.1 +5.1
FELC Fidelity Enhanced Large Cap Core ETF 0.0 18 32 5.5 +5.5
AVLV Avantis U.S. Large Cap Value ETF 0.0 15 35 8.2 +8.2
AVDE Avantis International Equity ETF 0.0 23 27 7.3 +7.3
IWF iShares Russell 1000 Growth ETF 0.0 19 31 4.5 +4.5
VONG Vanguard Russell 1000 Growth ETF 0.0 7 43 4.6 +4.6
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 15 8.7 +8.7
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 25 7.6 +7.6
DFSV Dimensional US Small Cap Value ETF 0.0 31 19 11.0 +11.0
RWK Invesco S&P MidCap 400 Revenue ETF 0.0 39 11 10.3 +10.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.0 38 12 8.7 +8.7
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 9 8.3 +8.3
JHML John Hancock Multifactor Large Cap ETF 0.0 29 21 5.5 +5.5

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

Content on this tab for subscribers only

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:		 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 -69.0 %
Divided by: Fwd. P/BV 0.0 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 0.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.40 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.