ALPS Medical Breakthroughs ETF
ALTAR
Score™		 0.0% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 -18.2x P/Sales
ratio		 13.2x
P/BV
ratio		 0.0x Div.
yield		 0.3%


  • 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) $129
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 80
Wgt avg mkt cap (mns) $3,735
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
KYMERA THERAPEUTICS, INC. 3.9 %
ALKERMES PLC 3.0 %
CELCUITY INC. 3.0 %
ACADIA PHARMACEUTICALS INC 2.9 %
CRINETICS PHARMACEUTICALS INC 2.8 %
AMICUS THERAPEUTICS INC 2.8 %
STRUCTURE THERAPEUTICS, INC. 2.7 %
APOGEE THERAPEUTICS, INC. 2.7 %
MIRUM PHARMACEUTICALS, INC. 2.6 %
NEWAMSTERDAM PHARMA CO NV 2.5 %
Total 28.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 81.9 %
IRELAND 3.0 %
BELGIUM 1.4 %
CHINA 1.3 %
BRITAIN 1.1 %
GERMANY 0.9 %
CAYMAN ISLANDS 0.6 %
SWITZERLAND 0.6 %



HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
55.1% 55.1% 0.0% 5.4% 7.3%

Market Correlations
versus... Beta R-squared
S&P500 0.91 31%
MSCI EAFE 1.01 27%
MSCI Emg. Mkts. 0.90 25%

Technical Indicators
Recent close $51.45
30d moving avg. $50.08
Annualized volatility 29.2%
Short interest (ETF) 1.3%
Short interest (Underlying) 9.6%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 47
Turnover 1.9%
Bid/Ask (% of price) 0.38%
ADV underlying (mns) $1,326

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 239 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 28.6 79 -29 0.0 0.0
XBI State Street SPDR S&P Biotech ETF 27.2 35 15 -3.0 -3.0
BBP Virtus LifeSci Biotech Products ETF 23.1 79 -29 -2.9 -2.9
IBRN iShares Neuroscience and Healthcare ETF 13.9 47 3 0.0 0.0
CANC Tema Oncology ETF 13.2 75 -25 -2.5 -2.5
PTH Invesco Dorsey Wright Healthcare Momentum ETF 11.2 60 -10 -1.7 -1.7
XPH State Street SPDR S&P Pharmaceuticals ETF 9.7 35 15 0.9 +0.9
LFSC F/m Emerald Life Sciences Innovation ETF 9.6 79 -29 0.0 0.0
FMED Fidelity Disruptive Medicine ETF 9.5 50 0 -0.6 -0.6
IBB iShares Biotechnology ETF 8.2 45 5 -0.3 -0.3
PSCH Invesco S&P SmallCap Health Care ETF 8.2 29 21 3.3 +3.3
FFTY Innovator IBD 50 ETF 7.6 80 -30 -1.8 -1.8
FBT First Trust NYSE Arca Biotechnology Index Fund 7.0 56 -6 1.8 +1.8
WDNA WisdomTree BioRevolution Fund 6.8 45 5 -2.0 -2.0
IBBQ Invesco Nasdaq Biotechnology ETF 6.6 19 31 0.1 +0.1
IDNA iShares Genomics Immunology and Healthcare ETF 6.3 47 3 -2.9 -2.9
GURU Global X Guru Index ETF 6.2 75 -25 2.4 +2.4
PBE Invesco Biotechnology & Genome ETF 6.2 58 -8 1.6 +1.6
FYC First Trust Small Cap Growth AlphaDEX Fund 5.4 71 -21 -1.3 -1.3
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 5.2 95 -45 -0.4 -0.4
IWC iShares Micro-Cap ETF 5.1 60 -10 -1.3 -1.3
QQQS Invesco NASDAQ Future Gen 200 ETF 4.5 20 30 -4.7 -4.7
PJP Invesco Pharmaceuticals ETF 4.4 57 -7 6.7 +6.7
SPIT F/m Emerald Special Situations ETF 4.1 105 -55 -0.9 -0.9
BMED Future Health ETF 4.1 85 -35 0.2 +0.2
IWO iShares Russell 2000 Growth ETF 4.0 24 26 0.7 +0.7
HAPS Harbor Human Capital Factor US Small Cap ETF 3.9 60 -10 3.4 +3.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 3.8 9 41 3.5 +3.5
IHE iShares U.S. Pharmaceuticals ETF 3.7 40 10 5.7 +5.7
PSIL AdvisorShares Psychedelics ETF 3.3 99 -49 0.0 0.0
MEDX Horizon Kinetics Medical ETF 3.3 85 -35 1.2 +1.2
RSSL Global X Russell 2000 ETF 3.3 8 42 3.2 +3.2
PINK Simplify Health Care ETF 3.3 50 0 0.6 +0.6
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 3.1 60 -10 -0.9 -0.9
VTWG Vanguard Russell 2000 Growth ETF 3.1 10 40 0.8 +0.8
AVSC Avantis U.S Small Cap Equity ETF 3.1 25 25 4.7 +4.7
IWM iShares Russell 2000 ETF 3.0 19 31 3.2 +3.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 2.9 20 30 4.8 +4.8
JSML Janus Henderson Small Cap Growth Alpha ETF 2.8 30 20 7.1 +7.1
GNOM Global X Genomics & Biotechnology ETF 2.8 50 0 -3.7 -3.7
HELX Franklin Genomic Advancements ETF 2.8 50 0 -0.4 -0.4
VTWO Vanguard Russell 2000 ETF 2.6 7 43 3.3 +3.3
FYX First Trust Small Cap Core AlphaDEX Fund 2.6 61 -11 5.1 +5.1
AGNG Global X Aging Population ETF 2.6 50 0 3.9 +3.9
OZEM Roundhill GLP-1 & Weight Loss ETF 2.5 59 -9 3.9 +3.9
RNIN Bushido Capital US SMID Cap Equity ETF 2.5 70 -20 11.3 +11.3
SFLO VictoryShares Small Cap Free Cash Flow ETF 2.3 49 1 9.8 +9.8
SIXS ETC 6 Meridian Small Cap Equity ETF 2.2 89 -39 8.7 +8.7
FTXH First Trust Nasdaq Pharmaceuticals ETF 2.2 60 -10 6.8 +6.8
GRPZ Invesco S&P SmallCap 600 GARP ETF 2.2 35 15 6.6 +6.6
STXK Strive Small-Cap ETF 2.2 18 32 5.4 +5.4
BKSE BNY Mellon US Small Cap Core Equity ETF 2.1 4 46 5.2 +5.2
HRTS Tema Heart & Health ETF 2.1 75 -25 1.9 +1.9
XSHQ Invesco S&P SmallCap Quality ETF 2.1 29 21 6.8 +6.8
FESM Fidelity Enhanced Small Cap ETF 2.0 28 22 2.8 +2.8
FLQS Franklin U.S. Small Cap Multifactor Index ETF 2.0 35 15 6.6 +6.6
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 2.0 20 30 5.5 +5.5
IWN iShares Russell 2000 Value ETF 2.0 24 26 5.9 +5.9
NIXT Research Affiliates Deletions ETF 2.0 9 41 7.5 +7.5
AFSM First Trust Active Factor Small Cap ETF 1.9 75 -25 6.6 +6.6
VTWV Vanguard Russell 2000 Value ETF 1.9 10 40 6.0 +6.0
THNR Amplify Weight Loss Drug & Treatment ETF 1.8 59 -9 5.7 +5.7
GDOC Goldman Sachs Future Health Care Equity ETF 1.8 75 -25 2.2 +2.2
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 1.8 59 -9 5.5 +5.5
SCDS JPMorgan Fundamental Data Science Small Core ETF 1.8 40 10 4.3 +4.3
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.7 30 20 5.8 +5.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.6 39 11 2.8 +2.8
VFMO Vanguard U.S. Momentum Factor ETF 1.6 13 37 2.5 +2.5
IJT iShares S&P Small-Cap 600 Growth ETF 1.5 18 32 4.7 +4.7
SMLF iShares U.S. SmallCap Equity Factor ETF 1.5 15 35 5.3 +5.3
SCHA Schwab U.S. Small-Cap ETF 1.5 4 46 5.0 +5.0
RZG Invesco S&P Smallcap 600 Pure Growth ETF 1.5 35 15 3.1 +3.1
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 1.5 15 35 4.8 +4.8
ISCG iShares Morningstar Small-Cap Growth ETF 1.4 6 44 2.5 +2.5
OPTZ Optimize Strategy Index ETF 1.4 50 0 4.2 +4.2
KNO AXS Knowledge Leaders ETF 1.4 78 -28 5.1 +5.1
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.4 17 33 5.3 +5.3
FXH First Trust Health Care AlphaDEX Fund 1.4 62 -12 6.7 +6.7
VIOG Vanguard S&P Small-Cap 600 Growth ETF 1.4 10 40 4.9 +4.9
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.4 64 -14 0.9 +0.9
ISCB iShares Morningstar Small-Cap ETF 1.3 4 46 5.2 +5.2
VXF Vanguard Extended Market ETF 1.3 5 45 3.9 +3.9
PSC Principal U.S. Small-Cap ETF 1.3 38 12 6.0 +6.0
VHT Vanguard Health Care ETF 1.3 9 41 4.7 +4.7
ABLG Abacus FCF International Leaders ETF 1.3 59 -9 5.7 +5.7
ISCV iShares Morningstar Small Cap Value ETF 1.3 6 44 7.7 +7.7
FHLC Fidelity MSCI Health Care Index ETF 1.2 8 42 4.9 +4.9
ISMD Inspire Small/Mid Cap ETF 1.2 54 -4 4.8 +4.8
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.2 25 25 7.0 +7.0
NUSC Nuveen ESG Small-Cap ETF 1.2 31 19 4.6 +4.6
JDOC JPMorgan Healthcare Leaders ETF 1.2 65 -15 3.3 +3.3
DFAS Dimensional U.S. Small Cap ETF 1.2 26 24 5.9 +5.9
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.2 39 11 4.4 +4.4
FDM First Trust Dow Jones Select MicroCap Index Fund 1.2 60 -10 7.3 +7.3
XJR iShares ESG Screened S&P Small-Cap ETF 1.2 12 38 6.8 +6.8
VBK Vanguard Small-Cap Growth ETF 1.2 7 43 1.5 +1.5
EES WisdomTree U.S. SmallCap Fund 1.1 38 12 7.7 +7.7
SQLV Royce Quant Small-Cap Quality Value ETF 1.1 60 -10 8.5 +8.5
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 1.0 20 30 2.7 +2.7
IJR iShares Core S&P Small Cap ETF 1.0 6 44 6.8 +6.8
HYP Golden Eagle Dynamic Hypergrowth ETF 1.0 85 -35 -1.1 -1.1
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 1.0 12 38 6.9 +6.9
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 1.0 3 47 6.9 +6.9
ESIX State Street SPDR S&P SmallCap 600 ESG ETF 1.0 12 38 7.3 +7.3
VIOO Vanguard S&P Small-Cap 600 ETF 0.9 7 43 6.9 +6.9
FSGS First Trust SMID Growth Strength ETF 0.9 60 -10 4.4 +4.4
RNSC Furst Trust Small Cap US Equity Select ETF 0.9 60 -10 4.3 +4.3
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.9 15 35 6.9 +6.9
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.9 35 15 6.8 +6.8
CALF Pacer US Small Cap Cash Cows 100 ETF 0.8 59 -9 9.2 +9.2
ABFL Abacus FCF Leaders ETF 0.8 59 -9 3.8 +3.8
ROSC Hartford Multifactor Small Cap ETF 0.8 34 16 8.1 +8.1
PGJ Invesco Golden Dragon China ETF 0.7 70 -20 12.3 +12.3
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.7 70 -20 1.7 +1.7
ETHO Etho Climate Leadership U.S. ETF 0.7 47 3 4.8 +4.8
TINY ProShares Nanotechnology ETF 0.7 58 -8 2.9 +2.9
TPSC Timothy Plan US Small Cap Core ETF 0.7 52 -2 6.3 +6.3
WCEO Hypatia Women CEO ETF 0.7 85 -35 2.9 +2.9
SAGP Strategas Global Policy Opportunities ETF 0.7 65 -15 4.7 +4.7
SIXL ETC 6 Meridian Low Beta Equity ETF 0.6 80 -30 5.8 +5.8
BFOR ALPS Barron's 400 ETF 0.6 65 -15 5.0 +5.0
FDLS Inspire Fidelis Multi Factor ETF 0.6 76 -26 4.1 +4.1
JHSC John Hancock Multifactor Small Cap ETF 0.6 42 8 5.9 +5.9
AVUV Avantis U.S. Small Cap Value ETF 0.6 25 25 8.8 +8.8
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.6 10 40 8.8 +8.8
FNX First Trust Mid Cap Core AlphaDEX Fund 0.6 60 -10 6.0 +6.0
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.6 43 7 5.2 +5.2
VB Vanguard Small-Cap ETF 0.5 5 45 5.3 +5.3
SMCF Themes US Small Cap Cash Flow Champions ETF 0.5 29 21 10.7 +10.7
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.5 29 21 7.2 +7.2
GINN Goldman Sachs Innovate Equity ETF 0.5 52 -2 3.2 +3.2
XHS State Street SPDR S&P Health Care Services ETF 0.5 35 15 3.6 +3.6
IJS iShares S&P Small-Cap 600 Value ETF 0.5 18 32 8.9 +8.9
LRNZ TrueShares Technology, AI & Deep Learning ETF 0.5 69 -19 -0.7 -0.7
SLYV State Street SPDR S&P 600 Small Cap Value ETF 0.5 15 35 8.9 +8.9
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.5 39 11 8.7 +8.7
SVAL iShares US Small Cap Value Factor ETF 0.5 20 30 8.1 +8.1
VIDI Vident International Equity Strategy ETF 0.5 61 -11 9.4 +9.4
ONEQ Fidelity Nasdaq Composite Index ETF 0.4 21 29 3.1 +3.1
EZM WisdomTree U.S. MidCap Fund 0.4 38 12 7.7 +7.7
GVLU Gotham 1000 Value ETF 0.4 50 0 8.3 +8.3
VFQY Vanguard U.S. Quality Factor ETF 0.4 13 37 5.3 +5.3
FNK First Trust Mid Cap Value AlphaDEX Fund 0.4 70 -20 9.6 +9.6
DUNK Dana Unconstrained Equity ETF 0.4 75 -25 1.8 +1.8
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.4 35 15 6.4 +6.4
FYT First Trust Small Cap Value AlphaDEX Fund 0.4 73 -23 10.7 +10.7
DXUV Dimensional US Vector Equity ETF 0.3 28 22 5.3 +5.3
VFMF Vanguard U.S. Multifactor ETF 0.3 18 32 6.8 +6.8
QGRO American Century U.S. Quality Growth ETF 0.3 29 21 3.0 +3.0
BLES Inspire Global Hope ETF 0.3 61 -11 6.2 +6.2
FSMD Fidelity Small-Mid Multifactor ETF 0.3 15 35 6.2 +6.2
EQAL Invesco Russell 1000 Equal Weight ETF 0.3 20 30 6.5 +6.5
FELG Fidelity Enhanced Large Cap Growth ETF 0.3 18 32 3.7 +3.7
TMFX Motley Fool Next Index ETF 0.3 50 0 2.7 +2.7
VFVA Vanguard U.S. Value Factor ETF 0.2 13 37 9.5 +9.5
SXQG ETC 6 Meridian Quality Growth ETF 0.2 100 -50 3.8 +3.8
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.2 70 -20 3.3 +3.3
DFNV Donoghue Forlines Innovation ETF 0.2 69 -19 3.7 +3.7
LQPE PEO AlphaQuest Thematic PE ETF 0.2 125 -75 6.0 +6.0
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.2 25 25 4.7 +4.7
SFYX SoFi Next 500 ETF 0.2 0 50 5.1 +5.1
GWX SPDR S&P International Small Cap ETF 0.2 40 10 6.0 +6.0
FAB First Trust Multi Cap Value AlphaDEX Fund 0.2 67 -17 8.9 +8.9
AVIE Avantis  Inflation Focused Equity ETF 0.2 25 25 6.4 +6.4
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.2 40 10 3.1 +3.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.2 7 43 5.1 +5.1
VALQ American Century U.S. Quality Value ETF 0.2 29 21 6.8 +6.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 17 33 4.7 +4.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 47 4.2 +4.2
DCOR Dimensional US Core Equity 1 ETF 0.2 14 36 4.7 +4.7
VTI Vanguard Total Stock Market ETF 0.2 3 47 4.2 +4.2
IWP iShares Russell Mid-Cap Growth ETF 0.2 23 27 2.6 +2.6
DFAT Dimensional U.S. Targeted Value ETF 0.2 28 22 9.0 +9.0
QLV FlexShares US Quality Low Volatility Index Fund 0.2 22 28 5.1 +5.1
IWV iShares Russell 3000 ETF 0.1 20 30 4.1 +4.1
IYH iShares U.S. Healthcare ETF 0.1 40 10 5.3 +5.3
VTHR Vanguard Russell 3000 ETF 0.1 7 43 4.2 +4.2
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.1 15 35 3.9 +3.9
SMMD iShares Russell 2500 ETF 0.1 15 35 5.9 +5.9
ARKG ARK Genomic Revolution ETF 0.1 75 -25 -5.0 -5.0
VBR Vanguard Small Cap Value ETF 0.1 7 43 8.1 +8.1
SCHM Schwab U.S. Mid-Cap ETF 0.1 4 46 6.1 +6.1
ROUS Hartford Multifactor US Equity ETF 0.1 19 31 6.1 +6.1
DFAU Dimensional US Core Equity Market ETF 0.1 12 38 4.3 +4.3
SCHB Schwab U.S. Broad Market ETF 0.1 3 47 4.3 +4.3
EBI Longview Advantage ETF 0.1 35 15 5.8 +5.8
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 35 5.0 +5.0
FPX First Trust US Equity Opportunities ETF 0.1 61 -11 0.8 +0.8
ISCF iShares International SmallCap Equity Factor ETF 0.1 23 27 7.4 +7.4
IHF iShares U.S. Healthcare Providers ETF 0.1 40 10 7.2 +7.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 41 4.9 +4.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 1 6.2 +6.2
AVDS Avantis International Small Cap Equity ETF 0.1 30 20 6.0 +6.0
IWR iShares Russell Midcap ETF 0.1 19 31 5.5 +5.5
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.1 20 30 3.6 +3.6
APIE ActivePassive International Equity ETF 0.1 45 5 6.5 +6.5
DFUS Dimensional U.S. Equity ETF 0.1 9 41 4.1 +4.1
TXS Texas Capital Texas Equity Index ETF 0.1 49 1 5.4 +5.4
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 41 4.1 +4.1
FNDA Schwab Fundamental US Small Co. Index ETF 0.1 25 25 6.8 +6.8
DFUV Dimensional US Marketwide Value ETF 0.1 22 28 6.5 +6.5
AVUQ Avantis U.S. Quality ETF 0.1 15 35 3.5 +3.5
PKW Invesco Buyback Achievers ETF 0.1 62 -12 7.1 +7.1
IWS iShares Russell Mid-Cap Value ETF 0.0 23 27 6.4 +6.4
FNDC Schwab Fundamental International Small Co. Index ETF 0.0 39 11 5.3 +5.3
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.0 35 15 5.0 +5.0
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.0 24 26 6.6 +6.6
VT Vanguard Total World Stock ETF 0.0 6 44 5.1 +5.1
AVUS Avantis U.S. Equity ETF 0.0 15 35 5.0 +5.0
TEXN iShares Texas Equity ETF 0.0 20 30 5.7 +5.7
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.0 3 47 4.4 +4.4
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 32 4.5 +4.5
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 38 3.6 +3.6
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 11 6.0 +6.0
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.0 12 38 3.4 +3.4
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.0 12 38 6.6 +6.6
IWF iShares Russell 1000 Growth ETF 0.0 19 31 3.2 +3.2
VONG Vanguard Russell 1000 Growth ETF 0.0 7 43 3.4 +3.4
VONE Vanguard Russell 1000 ETF 0.0 7 43 4.3 +4.3
VONV Vanguard Russell 1000 Value ETF 0.0 7 43 5.8 +5.8
IWB iShares Russell 1000 ETF 0.0 15 35 4.2 +4.2
IWD iShares Russell 1000 Value ETF 0.0 19 31 5.7 +5.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 47 6.1 +6.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 11 5.8 +5.8
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.0 15 35 4.2 +4.2
FBCG Fidelity Blue Chip Growth ETF 0.0 59 -9 2.2 +2.2
RECS Columbia Research Enhanced Core ETF 0.0 15 35 5.0 +5.0
REVS Columbia Research Enhanced Value ETF 0.0 19 31 7.0 +7.0
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 38 5.8 +5.8
AVDE Avantis International Equity ETF 0.0 23 27 6.4 +6.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.0 15 35 6.6 +6.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 21 5.7 +5.7
DFSV Dimensional US Small Cap Value ETF 0.0 31 19 9.4 +9.4
IYY iShares Dow Jones U.S. ETF 0.0 20 30 4.1 +4.1
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 15 7.5 +7.5
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.0 38 12 7.6 +7.6
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 25 6.4 +6.4
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 9 7.1 +7.1
AVLV Avantis U.S. Large Cap Value ETF 0.0 15 35 6.7 +6.7

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:		 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 -66.6 %
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		 1.43 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.