Global X Silver Miners ETF
ALTAR
Score™		 1.5% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 42.4x P/Sales
ratio		 7.4x
P/BV
ratio		 5.0x Div.
yield		 0.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Global X Silvers Miners ETF is an exchange-traded fund incorporated in the USA. The seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Silver Miners Index ("Underlying Index").

FUND BASICS
Category Global Equities
Fund Sponsor Global X Management Co LLC
Website www.globalxfunds.com
Inception date Apr 19, 2010
Assets (mns) $5,308
Currency USD
Expense ratio 65 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Brown Brothers Harriman & Co
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 39
Wgt avg mkt cap (mns) $20,752
Large cap (>$10bn) 25.0%
Mid cap ($2-10bn) 48.4%
Small cap (<$2bn) 26.5%
Developed mkts 75.5%
Emerging mkts 24.6%

TOP TEN HOLDINGS
WHEATON PRECIOUS METALS CORP 23.6 %
COEUR D'ALENE MINES CORP 11.2 %
PAN AMERICAN SILVER CORP 11.1 %
HECLA MINING CO 5.0 %
FIRST MAJESTIC SILVER CORP 4.6 %
INDUSTRIAS PENOLES SAB DE CV 4.5 %
SSR MINING INC 4.2 %
FRESNILLO PLC 4.1 %
OSISKO GOLD ROYALTIES LTD 3.9 %
CIA DE MINAS BUENAVENTUR-ADR 3.5 %
Total 75.7 %

TOP COUNTRY EXPOSURE
CANADA 63.8 %
UNITED STATES 19.2 %
BRITAIN 5.6 %
MEXICO 4.5 %
PERU 3.5 %
SOUTH KOREA 2.3 %
AUSTRALIA 1.0 %
SWEDEN 0.1 %



HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
17.4% 70.6% 20.8% 10.1% 6.1%

Market Correlations
versus... Beta R-squared
S&P500 2.10 24%
MSCI EAFE 2.12 36%
MSCI Emg. Mkts. 1.26 32%

Technical Indicators
Recent close $99.29
30d moving avg. $78.67
Annualized volatility 36.0%
Short interest (ETF) 2.6%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 1,415
Turnover 2.7%
Bid/Ask (% of price) 0.07%
ADV underlying (mns) $259

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 361 potential alternatives to the Global X Silver Miners ETF ETF based on the alternatives' overlap in portfolio holdings with SIL. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SIL Expense: 65 bp ALTAR Score™: 1.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SIL
Ticker Fund
Name		 Overlap1
vs SIL
(%)		 Expense
ratio
(bp)		 Savings
vs SIL
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs SIL
(%)
AGMI Themes Silver Miners ETF 30.9 35 30 3.5 +2.0
SLVP iShares MSCI Global Silver Miners ETF 26.9 39 26 3.6 +2.0
GDXJ VanEck Junior Gold Miners ETF 20.0 52 13 2.6 +1.1
GDX VanEck Gold Miners ETF 18.3 51 14 2.6 +1.0
AUAU Global X Gold Miners ETF 17.2 35 30 2.3 +0.7
GOEX Global X Gold Explorers ETF 15.7 65 0 1.8 +0.3
SETM Sprott Energy Transition Materials ETF 11.3 65 0 1.7 +0.1
XME State Street SPDR S&P Metals & Mining ETF 10.3 35 30 5.2 +3.7
FXZ First Trust Materials AlphaDEX Fund 8.7 61 4 6.3 +4.8
EPU iShares MSCI Peru and Global Exposure ETF 6.3 59 6 4.2 +2.6
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 6.2 60 5 1.8 +0.3
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 5.6 60 5 4.2 +2.7
SGDM Sprott Gold Miners ETF 5.1 50 15 2.5 +1.0
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 4.7 60 5 7.5 +6.0
BUL Pacer US Cash Cows Growth ETF 4.3 60 5 3.3 +1.7
EWW iShares MSCI Mexico ETF 4.3 50 15 8.4 +6.9
RING iShares MSCI Global Gold Miners ETF 4.3 39 26 3.0 +1.5
RVER Trenchless Fund ETF 3.6 65 0 0.6 -1.0
AADR AdvisorShares Dorsey Wright ADR ETF 3.5 110 -45 3.1 +1.6
IGE iShares North American Natural Resources ETF 3.3 41 24 5.2 +3.7
IYM iShares U.S. Basic Materials ETF 3.3 40 25 4.3 +2.8
BGRO iShares Large Cap Growth Active ETF 3.0 55 10 1.9 +0.4
FLMX Franklin FTSE Mexico ETF 3.0 19 46 8.9 +7.4
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 2.9 65 0 4.1 +2.5
AKAF The Frontier Economic Fund 2.9 20 45 5.2 +3.7
VAW Vanguard Materials ETF 2.3 9 56 5.0 +3.5
FTRI First Trust Indxx Global Natural Resources Income ETF 2.3 70 -5 6.1 +4.6
HAP VanEck Natural Resources ETF 2.3 50 15 6.2 +4.7
AFK VanEck Africa Index ETF 2.2 98 -33 10.1 +8.6
ECOW Pacer Emerging Markets Cash Cows 100 ETF 2.1 70 -5 9.4 +7.9
SMRI Bushido Capital US Equity ETF 2.1 71 -6 6.4 +4.9
ARGT Global X MSCI Argentina ETF 2.1 59 6 3.2 +1.7
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 1.9 10 55 4.2 +2.7
IJK iShares S&P Mid-Cap 400 Growth ETF 1.9 17 48 4.2 +2.6
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 1.9 15 50 4.2 +2.7
ASCE Allspring SMID Core ETF 1.9 38 27 2.9 +1.4
FMAT Fidelity MSCI Materials Index ETF 1.8 8 57 5.0 +3.5
VFLO VictoryShares Free Cash Flow ETF 1.7 39 26 6.1 +4.6
COPA Themes Copper Miners ETF 1.7 35 30 2.7 +1.2
DBSC Deepwater Beachfront Small Cap ETF 1.7 85 -20 1.2 -0.3
NANR SPDR S&P North American Natural Resources ETF 1.6 35 30 5.8 +4.2
BLCR iShares Large Cap Core Active ETF 1.6 36 29 2.9 +1.4
XMMO Invesco S&P MidCap Momentum ETF 1.6 34 31 3.7 +2.2
BRAZ Global X Brazil Active ETF 1.5 75 -10 9.8 +8.3
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.4 30 35 3.9 +2.4
OTGL OTG Latin America ETF 1.4 269 -204 7.5 +6.0
CCNR ALPS CoreCommodity Natural Resources ETF 1.4 39 26 7.7 +6.2
JSML Janus Henderson Small Cap Growth Alpha ETF 1.4 30 35 2.7 +1.2
GURU Global X Guru Index ETF 1.3 75 -10 2.3 +0.8
RFG Invesco S&P Midcap 400 Pure Growth ETF 1.3 35 30 4.7 +3.1
SGDJ Sprott Junior Gold Miners ETF 1.2 50 15 1.9 +0.4
MEM Matthews Emerging Markets Equity Active ETF 1.1 79 -14 8.3 +6.8
FLLA Franklin FTSE Latin America ETF 1.1 19 46 10.4 +8.9
MDY SPDR S&P Midcap 400 ETF Trust 1.0 23 42 5.9 +4.4
AVDV Avantis International Small Cap Value ETF 1.0 36 29 7.3 +5.7
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.0 60 5 6.6 +5.1
IJH iShares Core S&P Mid-Cap ETF 1.0 5 60 6.1 +4.6
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 1.0 3 62 6.1 +4.6
VBK Vanguard Small-Cap Growth ETF 1.0 7 58 1.3 -0.3
IVOO Vanguard S&P Mid-Cap 400 ETF 1.0 7 58 6.1 +4.5
AVDS Avantis International Small Cap Equity ETF 1.0 30 35 5.7 +4.2
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.9 15 50 4.9 +3.4
PSC Principal U.S. Small-Cap ETF 0.9 38 27 3.5 +2.0
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.9 65 0 7.8 +6.2
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.9 88 -23 8.5 +6.9
FESM Fidelity Enhanced Small Cap ETF 0.8 28 37 2.2 +0.6
SMOX Horizon Small/Mid Cap Core Equity ETF 0.8 75 -10 5.3 +3.8
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.8 85 -20 2.6 +1.0
ARB AltShares Merger Arbitrage ETF 0.8 77 -12 2.7 +1.1
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.8 80 -15 7.0 +5.5
SCHA Schwab U.S. Small-Cap ETF 0.8 4 61 4.3 +2.7
FLOW Global X U.S. Cash Flow Kings 100 ETF 0.8 25 40 9.9 +8.4
FTHF First Trust Emerging Markets Human Flourishing ETF 0.8 75 -10 5.3 +3.8
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.8 80 -15 6.5 +5.0
BFOR ALPS Barron's 400 ETF 0.7 65 0 21.1 +19.6
IPKW Invesco International BuyBack Achievers ETF 0.7 55 10 7.6 +6.1
DFSI Dimensional International Sustainability Core 1 ETF 0.7 24 41 5.4 +3.9
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.7 4 61 16.9 +15.4
GWX SPDR S&P International Small Cap ETF 0.7 40 25 5.6 +4.1
FIVA Fidelity International Value Factor ETF 0.7 18 47 6.9 +5.4
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.6 35 30 6.8 +5.2
DFIS Dimensional International Small Cap ETF 0.6 39 26 5.9 +4.4
GPT Intelligent Alpha Atlas ETF 0.6 69 -4 6.1 +4.6
EWUS iShares MSCI United Kingdom Small Cap ETF 0.6 59 6 7.0 +5.4
ISCF iShares International SmallCap Equity Factor ETF 0.6 23 42 7.0 +5.5
AFSM First Trust Active Factor Small Cap ETF 0.6 75 -10 5.5 +3.9
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.6 7 58 5.2 +3.7
SMMD iShares Russell 2500 ETF 0.6 15 50 5.4 +3.9
STXM Strive Mid-Cap ETF 0.6 18 47 6.0 +4.5
GVLU Gotham 1000 Value ETF 0.5 50 15 7.7 +6.2
GCOW Pacer Global Cash Cows Dividend ETF 0.5 60 5 9.0 +7.5
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.5 33 32 5.9 +4.3
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.5 80 -15 8.7 +7.1
DXIV Dimensional International Vector Equity ETF 0.5 34 31 6.3 +4.7
FTC First Trust Large Cap Growth AlphaDEX Fund 0.5 59 6 1.9 +0.4
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.5 79 -14 4.0 +2.5
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.5 20 45 5.9 +4.4
FKU First Trust United Kingdom AlphaDEX Fund 0.5 80 -15 6.9 +5.4
XC WisdomTree Emerging Markets Ex-China Fund 0.5 32 33 6.3 +4.8
EZM WisdomTree U.S. MidCap Fund 0.5 38 27 7.9 +6.3
IWN iShares Russell 2000 Value ETF 0.5 24 41 4.5 +3.0
VTWV Vanguard Russell 2000 Value ETF 0.5 10 55 4.7 +3.1
AVIE Avantis  Inflation Focused Equity ETF 0.5 25 40 5.7 +4.1
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.5 39 26 3.4 +1.9
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 0.5 60 5 5.7 +4.2
SMLF iShares U.S. SmallCap Equity Factor ETF 0.5 15 50 4.8 +3.3
DWMF WisdomTree International Multifactor Fund 0.5 38 27 6.7 +5.2
XJH iShares ESG Screened S&P Mid-Cap ETF 0.4 12 53 5.9 +4.4
DFIC Dimensional International Core Equity 2 ETF 0.4 23 42 6.0 +4.5
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.4 25 40 5.8 +4.3
VXF Vanguard Extended Market ETF 0.4 5 60 3.7 +2.1
SCHC Schwab International Small-Cap Equity ETF 0.4 11 54 6.4 +4.8
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.4 15 50 6.7 +5.2
VB Vanguard Small-Cap ETF 0.4 5 60 5.1 +3.6
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.4 70 -5 2.2 +0.6
SCHM Schwab U.S. Mid-Cap ETF 0.4 4 61 5.8 +4.2
PICK iShares MSCI Global Metals & Mining Producers ETF 0.4 39 26 7.7 +6.2
NUEM Nuveen ESG Emerging Markets Equity ETF 0.4 36 29 5.7 +4.1
WSML iShares MSCI World Small-Cap ETF 0.4 15 50 5.2 +3.7
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.4 8 57 6.1 +4.6
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.4 29 36 6.3 +4.8
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.4 64 1 1.3 -0.2
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.4 15 50 6.1 +4.6
VIDI Vident International Equity Strategy ETF 0.4 61 4 7.8 +6.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.4 39 26 2.1 +0.6
DFAI Dimensional International Core Equity Market ETF 0.3 18 47 5.8 +4.3
INTF iShares International Equity Factor ETF 0.3 15 50 6.2 +4.7
EEMO Invesco S&P Emerging Markets Momentum ETF 0.3 29 36 6.3 +4.8
FENI Fidelity Enhanced International ETF 0.3 28 37 5.6 +4.0
LDEM iShares ESG MSCI EM Leaders ETF 0.3 17 48 12.4 +10.9
RSSL Global X Russell 2000 ETF 0.3 8 57 2.6 +1.1
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.3 44 21 9.1 +7.6
JPIN J.P. Morgan Diversified Return International Equity ETF 0.3 37 28 6.8 +5.3
IWS iShares Russell Mid-Cap Value ETF 0.3 23 42 5.8 +4.3
DEHP Dimensional Emerging Markets High Profitability ETF 0.3 41 24 4.7 +3.2
VFMO Vanguard U.S. Momentum Factor ETF 0.3 13 52 1.7 +0.2
EMMF WisdomTree Emerging Markets Multifactor Fund 0.3 48 17 8.3 +6.8
ICOP iShares Copper and Metals Mining ETF 0.3 47 18 5.1 +3.6
DIHP Dimensional International High Profitability ETF 0.3 29 36 5.6 +4.1
INEQ Columbia International Equity Income ETF 0.3 45 20 7.4 +5.8
STXE Strive Emerging Markets Ex-China ETF 0.3 32 33 5.0 +3.5
IMCV iShares Morningstar Mid-Cap Value ETF 0.3 6 59 6.6 +5.1
FEP First Trust Europe AlphaDEX Fund 0.3 80 -15 6.6 +5.1
CVY Invesco Zacks Multi-Asset Income ETF 0.3 106 -41 9.6 +8.1
CZA Invesco Zacks Mid-Cap ETF 0.3 72 -7 5.7 +4.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.3 30 35 6.1 +4.6
DFAS Dimensional U.S. Small Cap ETF 0.3 26 39 5.4 +3.9
AVEM Avantis Emerging Markets Equity ETF 0.3 33 32 6.8 +5.2
AVDE Avantis International Equity ETF 0.3 23 42 5.9 +4.4
IWM iShares Russell 2000 ETF 0.3 19 46 2.5 +1.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.3 20 45 3.8 +2.3
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.3 25 40 6.1 +4.6
VTWO Vanguard Russell 2000 ETF 0.3 7 58 2.7 +1.2
FDMO Fidelity Momentum Factor ETF 0.3 15 50 2.5 +1.0
XCNY SPDR S&P Emerging Markets ex-China ETF 0.3 15 50 5.5 +3.9
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.3 52 13 4.9 +3.4
IWR iShares Russell Midcap ETF 0.3 19 46 5.2 +3.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 26 6.6 +5.1
SIZE iShares MSCI USA Size Factor ETF 0.2 15 50 5.3 +3.8
EWU iShares MSCI United Kingdom ETF 0.2 50 15 7.0 +5.5
FLGB Franklin FTSE United Kingdom ETF 0.2 9 56 6.5 +5.0
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.2 17 48 4.8 +3.3
AVSD Avantis Responsible International Equity ETF 0.2 23 42 5.7 +4.2
QINT American Century Quality Diversified International ETF 0.2 39 26 6.3 +4.8
DLS WisdomTree International SmallCap Dividend Fund 0.2 58 7 7.1 +5.6
ISCV iShares Morningstar Small Cap Value ETF 0.2 6 59 7.4 +5.9
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.2 35 30 9.6 +8.1
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 56 5.4 +3.8
DFE WisdomTree Europe SmallCap Dividend Fund 0.2 58 7 7.3 +5.8
ISCB iShares Morningstar Small-Cap ETF 0.2 4 61 5.2 +3.7
TPIF Timothy Plan International ETF 0.2 62 3 5.4 +3.9
AVIV Avantis International Large Cap Value ETF 0.2 25 40 6.6 +5.1
SPEM SPDR Portfolio Emerging Markets ETF 0.2 7 58 9.2 +7.7
ISCG iShares Morningstar Small-Cap Growth ETF 0.2 6 59 2.7 +1.2
FNX First Trust Mid Cap Core AlphaDEX Fund 0.2 60 5 6.1 +4.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 16 5.8 +4.3
AVMC Avantis U.S. Mid Cap Equity ETF 0.2 18 47 6.0 +4.5
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 56 5.1 +3.5
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.2 24 41 5.9 +4.4
IDMO Invesco S&P International Developed Momentum ETF 0.2 25 40 4.9 +3.4
UIVM VictoryShares International Value Momentum ETF 0.2 35 30 7.5 +6.0
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 40 6.0 +4.5
XCEM Columbia EM Core ex-China ETF 0.2 16 49 4.8 +3.2
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.2 24 41 5.0 +3.4
ULVM VictoryShares US Value Momentum ETF 0.2 20 45 5.9 +4.4
FRGN Horizon International Equity ETF 0.2 75 -10 7.6 +6.0
DISV Dimensional International Small Cap Value ETF 0.2 42 23 7.5 +6.0
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.2 30 35 7.2 +5.7
IEUS iShares MSCI Europe Small-Cap ETF 0.2 42 23 6.6 +5.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.2 41 24 6.6 +5.1
EQL Alps Equal Sector Weight ETF 0.2 25 40 5.1 +3.5
FDEV Fidelity International Multifactor ETF 0.2 18 47 6.9 +5.4
FSMD Fidelity Small-Mid Multifactor ETF 0.2 15 50 6.5 +4.9
JHMM John Hancock Multifactor Mid Cap ETF 0.2 42 23 5.4 +3.9
TPSC Timothy Plan US Small Cap Core ETF 0.2 52 13 6.4 +4.9
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 26 6.5 +5.0
DFIV Dimensional International Value ETF 0.2 27 38 7.3 +5.8
EMXC iShares MSCI Emerging Markets ex China ETF 0.2 25 40 4.9 +3.3
JHEM John Hancock Multifactor Emerging Markets ETF 0.2 49 16 7.2 +5.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.2 45 20 7.8 +6.2
FDRR Fidelity Dividend ETF for Rising Rates 0.2 15 50 5.5 +3.9
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.2 25 40 5.9 +4.4
DON WisdomTree U.S. MidCap Dividend Fund 0.2 38 27 7.9 +6.4
IMCB iShares Morningstar Mid-Cap ETF 0.1 4 61 5.0 +3.5
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 25 5.9 +4.4
FLKR Franklin FTSE South Korea ETF 0.1 9 56 4.0 +2.4
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.1 40 25 3.6 +2.1
ISMD Inspire Small/Mid Cap ETF 0.1 54 11 4.8 +3.3
VSGX Vanguard ESG International Stock ETF 0.1 10 55 6.3 +4.8
IDEV iShares Core MSCI International Developed Markets ETF 0.1 4 61 5.8 +4.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 0.1 30 35 7.7 +6.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.1 32 33 7.3 +5.8
FIDI Fidelity International High Dividend ETF 0.1 18 47 6.9 +5.4
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 0.1 69 -4 7.5 +6.0
EEM iShares MSCI Emerging Markets ETF 0.1 69 -4 7.5 +6.0
VEXC Vanguard Emerging Markets Ex-China ETF 0.1 7 58 5.5 +4.0
DFEV Dimensional Emerging Markets Value ETF 0.1 43 22 8.9 +7.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 56 4.7 +3.2
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.1 53 12 4.9 +3.4
QUAL iShares MSCI USA Quality Factor ETF 0.1 15 50 4.4 +2.9
IXUS iShares Core MSCI Total International Stock ETF 0.1 7 58 6.3 +4.8
FRDM Freedom 100 Emerging Markets ETF 0.1 49 16 5.1 +3.6
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 50 7.8 +6.3
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.1 40 25 5.5 +4.0
FEX First Trust Large Cap Core AlphaDEX Fund 0.1 59 6 4.9 +3.4
EGUS iShares ESG Aware MSCI USA Growth ETF 0.1 18 47 3.1 +1.6
PEXL Pacer US Export Leaders ETF 0.1 60 5 3.2 +1.6
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 56 7.9 +6.4
VEA Vanguard FTSE Developed Markets ETF 0.1 3 62 5.7 +4.2
DOL WisdomTree International LargeCap Dividend Fund 0.1 48 17 5.4 +3.8
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.1 12 53 5.1 +3.6
DWM WisdomTree International Equity Fund 0.1 48 17 5.4 +3.9
JIVE JPMorgan International Value ETF 0.1 55 10 7.7 +6.1
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 36 4.8 +3.3
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 54 23.5 +22.0
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 29 7.4 +5.8
DFUV Dimensional US Marketwide Value ETF 0.1 22 43 5.8 +4.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.1 38 27 6.8 +5.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 62 5.6 +4.1
VXUS Vanguard Total International Stock ETF 0.1 5 60 6.4 +4.9
APIE ActivePassive International Equity ETF 0.1 45 20 6.2 +4.7
AFMC First Trust Active Factor Mid Cap ETF 0.1 65 0 6.9 +5.4
MNZL Manzil Russell Halal USA Broad MarketETF 0.1 40 25 3.8 +2.3
EMGF iShares Emerging Markets Equity Factor ETF 0.1 25 40 8.6 +7.0
ESGU iShares ESG Aware MSCI USA ETF 0.1 15 50 4.1 +2.6
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.1 25 40 5.5 +4.0
PTL Inspire 500 ETF 0.1 9 56 4.5 +3.0
CFA VictoryShares US 500 Volatility Wtd ETF 0.1 35 30 5.3 +3.7
ECON Columbia Emerging Markets Consumer ETF 0.1 49 16 6.3 +4.8
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.1 40 25 5.2 +3.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.1 50 15 7.8 +6.3
AVMV Avantis U.S. Mid Cap Value ETF 0.1 20 45 7.2 +5.7
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 33 3.8 +2.3
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -1 7.2 +5.7
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 53 3.9 +2.4
EMXF iShares ESG Advanced MSCI EM ETF 0.1 16 49 6.4 +4.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 48 4.6 +3.1
VLUE iShares MSCI USA Value Factor ETF 0.1 15 50 5.9 +4.4
IUSG iShares Core S&P U.S. Growth ETF 0.1 4 61 3.1 +1.6
VONV Vanguard Russell 1000 Value ETF 0.1 7 58 5.1 +3.6
SCHE Schwab Emerging Markets Equity ETF 0.1 11 54 9.1 +7.6
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.1 25 40 7.5 +6.0
FLCA Franklin FTSE Canada ETF 0.1 9 56 5.2 +3.7
DFAE Dimensional Emerging Core Equity Market ETF 0.1 35 30 6.7 +5.2
IWD iShares Russell 1000 Value ETF 0.1 19 46 5.0 +3.5
GLOF iShares Global Equity Factor ETF 0.1 20 45 5.4 +3.9
USXF iShares ESG Advanced MSCI USA ETF 0.1 10 55 3.8 +2.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 45 4.6 +3.1
VWO Vanguard FTSE Emerging Markets ETF 0.1 7 58 8.9 +7.4
DXUV Dimensional US Vector Equity ETF 0.1 28 37 5.0 +3.5
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 45 5.5 +4.0
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 23 3.5 +2.0
AQLT iShares MSCI Global Quality Factor ETF 0.1 18 47 0.0 -1.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.1 41 24 5.8 +4.3
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 4 61 6.5 +4.9
DCOR Dimensional US Core Equity 1 ETF 0.1 14 51 4.5 +3.0
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 37 8.2 +6.7
IEUR iShares Core MSCI Europe ETF 0.1 11 54 6.2 +4.7
SCHF Schwab International Equity ETF 0.1 6 59 5.7 +4.2
EFG iShares MSCI EAFE Growth ETF 0.1 36 29 3.7 +2.2
CWI SPDR MSCI ACWI ex-US ETF 0.1 30 35 6.2 +4.7
DFSU Dimensional US Sustainability Core 1 ETF 0.1 18 47 4.6 +3.0
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 50 8.7 +7.1
VEGN US Vegan Climate ETF 0.1 60 5 3.4 +1.9
VGK Vanguard FTSE Europe ETF 0.1 6 59 6.4 +4.9
VT Vanguard Total World Stock ETF 0.1 6 59 4.9 +3.4
ACWX iShares MSCI ACWI ex U.S. ETF 0.1 34 31 6.1 +4.6
SPEU SPDR Portfolio Europe ETF 0.1 7 58 6.3 +4.8
ILCV iShares Morningstar Value ETF 0.1 4 61 5.1 +3.6
STXG Strive 1000 Growth ETF 0.1 18 47 3.3 +1.7
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 32 6.5 +5.0
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 6 8.2 +6.6
JHMD John Hancock Multifactor Developed International ETF 0.1 39 26 6.0 +4.4
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.1 18 47 6.1 +4.6
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 56 4.1 +2.6
VTHR Vanguard Russell 3000 ETF 0.1 7 58 4.1 +2.6
IQLT iShares MSCI Intl Quality Factor ETF 0.1 30 35 5.3 +3.8
IWV iShares Russell 3000 ETF 0.1 20 45 4.0 +2.4
VPL Vanguard FTSE Pacific ETF 0.1 7 58 4.9 +3.4
IEFA iShares Core MSCI EAFE ETF 0.1 7 58 5.8 +4.3
DFUS Dimensional U.S. Equity ETF 0.1 9 56 4.0 +2.5
SCHK Schwab 1000 Index ETF 0.1 5 60 4.2 +2.7
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.1 15 50 4.9 +3.4
FLEE Franklin FTSE Europe ETF 0.1 9 56 6.2 +4.6
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.1 46 19 5.3 +3.8
IQSI IQ Candriam International Equity ETF 0.1 15 50 5.4 +3.9
AVUQ Avantis U.S. Quality ETF 0.1 15 50 3.7 +2.2
BBEU JPMorgan BetaBuilders Europe ETF 0.1 9 56 6.1 +4.5
SCHB Schwab U.S. Broad Market ETF 0.1 3 62 4.2 +2.7
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.1 3 62 4.3 +2.8
AVUS Avantis U.S. Equity ETF 0.1 15 50 4.6 +3.1
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 40 4.8 +3.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 54 4.1 +2.6
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 26 6.0 +4.5
VONE Vanguard Russell 1000 ETF 0.0 7 58 4.2 +2.7
IWB iShares Russell 1000 ETF 0.0 15 50 4.1 +2.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 62 4.1 +2.6
VTI Vanguard Total Stock Market ETF 0.0 3 62 4.1 +2.6
ACWI iShares MSCI ACWI ETF 0.0 32 33 4.5 +3.0
STXK Strive Small-Cap ETF 0.0 18 47 5.1 +3.5
DFAU Dimensional US Core Equity Market ETF 0.0 12 53 4.2 +2.7
RWK Invesco S&P MidCap 400 Revenue ETF 0.0 39 26 7.6 +6.1
IWO iShares Russell 2000 Growth ETF 0.0 24 41 0.5 -1.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.0 9 56 4.3 +2.8
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.0 20 45 5.4 +3.9
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 35 5.0 +3.5
DFSV Dimensional US Small Cap Value ETF 0.0 31 34 8.3 +6.8
TOK iShares MSCI Kokusai ETF 0.0 26 39 4.2 +2.7
EFA iShares MSCI EAFE ETF 0.0 35 30 5.5 +4.0
VYMI Vanguard International High Dividend Yield ETF 0.0 17 48 7.5 +6.0
HEFA iShares Currency Hedged MSCI EAFE ETF 0.0 35 30 5.6 +4.0
LRGF iShares U.S. Equity Factor ETF 0.0 8 57 4.5 +3.0
URTH iShares MSCI World ETF 0.0 24 41 4.2 +2.7
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 62 4.1 +2.5
VTWG Vanguard Russell 2000 Growth ETF 0.0 10 55 0.6 -0.9
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 40 7.0 +5.5
TOV JLens 500 Jewish Advocacy U.S. ETF 0.0 18 47 3.9 +2.4
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.0 30 35 5.8 +4.3
BKIE BNY Mellon International Equity ETF 0.0 4 61 17.3 +15.7
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 45 5.6 +4.1
FLAX Franklin FTSE Asia Ex Japan ETF 0.0 19 46 6.9 +5.4
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.0 36 29 5.1 +3.5
PBUS Invesco MSCI USA ETF 0.0 4 61 4.2 +2.6
HFXI IQ FTSE International Equity Currency Neutral ETF 0.0 20 45 5.4 +3.9
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 56 4.3 +2.8
IPAC iShares Core MSCI Pacific ETF 0.0 9 56 5.2 +3.6
JHML John Hancock Multifactor Large Cap ETF 0.0 29 36 4.4 +2.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 20 6.4 +4.9
IWP iShares Russell Mid-Cap Growth ETF 0.0 23 42 3.0 +1.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 36 5.5 +4.0
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 40 5.9 +4.4
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 44 2.9 +1.4
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 37 5.5 +4.0
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.0 24 41 6.7 +5.2
EBI Longview Advantage ETF 0.0 35 30 5.7 +4.2
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.0 12 53 6.0 +4.5
VONG Vanguard Russell 1000 Growth ETF 0.0 7 58 3.8 +2.3
IWF iShares Russell 1000 Growth ETF 0.0 19 46 15.2 +13.7
AVES Avantis Emerging Markets Value ETF 0.0 36 29 8.6 +7.1
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -25 3.1 +1.6
FMDE Fidelity Enhanced Mid Cap ETF 0.0 23 42 5.2 +3.7

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:		 Global X Silver Miners ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 9.6 %
Divided by: Fwd. P/BV 4.4 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 1.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.58 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.