ETC 6 Meridian Small Cap Equity ETF
ALTAR
Score™
8.8% info Recommen-
dation
SPECULATIVE
2024E    2025E
P/E
ratio
12.1x P/Sales
ratio
0.7x
P/BV
ratio
1.4x Div.
yield
2.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
SIXS is a portfolio of US small-caps with low beta and value characteristics, actively selected from the S&P 600.

FUND BASICS
Category US Equities
Fund Sponsor Exchange Traded Concepts
Website www.6meridianfunds.com
Inception date May 11, 2020
Assets (mns) $73
Currency USD
Expense ratio 89 bp
Distributions Monthly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Proprietary
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 87
Wgt avg mkt cap (mns) $2,247
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 48.4%
Small cap (<$2bn) 51.6%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
IRONWOOD PHARMACEUTICALS INC 3.0 %
INNOVIVA, INC. 2.6 %
CAL-MAINE FOODS INC 1.8 %
MADISON SQUARE GARDEN CO. CLASS A 1.8 %
WARRIOR MET COAL, INC. 1.6 %
CAREER EDUCATION CORP 1.6 %
K12 INC 1.6 %
OLYMPIC STEEL INC 1.5 %
PATRICK INDUSTRIES INC 1.5 %
ENCORE WIRE CORP 1.4 %
Total 18.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.7 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-2.3% 5.8% -- -- 6.2%

Market Correlations
versus... Beta R-squared
S&P500 0.83 62%
MSCI EAFE 0.87 63%
MSCI Emg. Mkts. 0.61 33%

Technical Indicators
Recent close $46.27
30d moving avg. $43.65
Annualized volatility 18.6%
Short interest (ETF) 0.4%
Short interest (Underlying) 6.5%
Relative strength (RSI) 66

Liquidity measures
Avg. volume (thou.) 3
Turnover 0.2%
Bid/Ask (% of price) 0.24%
ADV underlying (mns) $1,993

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 436 potential alternatives to the ETC 6 Meridian Small Cap Equity ETF ETF based on the alternatives' overlap in portfolio holdings with SIXS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SIXS Expense: 89 bp ALTAR Score™: 8.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SIXS
Ticker Fund
Name
Overlap1
vs SIXS
(%)
Expense
ratio
(bp)
Savings
vs SIXS
(bp)
ALTAR
Score™
(%)
ALTAR
vs SIXS
(%)
XSLV Invesco S&P SmallCap Low Volatility ETF 29.1 25 64 6.9 -1.8
CALF Pacer US Small Cap Cash Cows 100 ETF 27.8 59 30 11.0 +2.3
XSVM Invesco S&P SmallCap Value with Momentum ETF 27.0 36 53 11.0 +2.2
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 23.3 59 30 8.8 +0.0
ROSC Hartford Multifactor Small Cap ETF 22.5 34 55 9.8 +1.1
VAMO Cambria Value & Momentum ETF 19.7 61 28 10.2 +1.5
SIXL ETC 6 Meridian Low Beta Equity ETF 18.9 80 9 5.0 -3.7
XSMO Invesco S&P SmallCap Momentum ETF 18.9 39 50 7.2 -1.6
SQLV Royce Quant Small-Cap Quality Value ETF 18.9 60 29 8.7 -0.0
ECML Euclidean Fundamental Value ETF 17.7 95 -6 9.2 +0.5
ESIX SPDR S&P SmallCap 600 ESG ETF 16.9 12 77 7.4 -1.3
SMLE Xtrackers S&P SmallCap 600 ESG ETF 16.7 15 74 7.4 -1.4
RZG Invesco S&P Smallcap 600 Pure Growth ETF 16.5 35 54 7.0 -1.8
VIOG Vanguard S&P Small-Cap 600 Growth ETF 16.4 15 74 6.7 -2.0
XSHQ Invesco S&P SmallCap Quality ETF 16.2 29 60 9.5 +0.7
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 15.9 29 60 7.3 -1.5
AFSM First Trust Active Factor Small Cap ETF 15.8 75 14 7.7 -1.0
IJT iShares S&P Small-Cap 600 Growth ETF 15.8 18 71 6.6 -2.1
SLYG SPDR S&P 600 Small Cap Growth ETF 15.8 15 74 6.6 -2.1
SSLY Syntax Stratified SmallCap ETF 15.7 40 49 7.3 -1.4
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 15.5 30 59 10.7 +2.0
RWJ Invesco S&P SmallCap 600 Revenue ETF 15.5 39 50 9.1 +0.4
DEEP Roundhill Acquirers Deep Value ETF 15.1 80 9 14.0 +5.3
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 15.0 15 74 8.0 -0.8
AVUV Avantis U.S. Small Cap Value ETF 15.0 25 64 10.1 +1.4
FYT First Trust Small Cap Value AlphaDEX Fund 14.8 73 16 11.5 +2.7
VIOO Vanguard S&P Small-Cap 600 ETF 14.3 10 79 7.7 -1.1
SVAL iShares US Small Cap Value Factor ETF 14.0 20 69 11.3 +2.5
FLQS Franklin U.S. Small Cap Multifactor Index ETF 13.9 35 54 7.4 -1.4
IJR iShares Core S&P Small Cap ETF 13.9 6 83 7.8 -0.9
SPSM SPDR Portfolio S&P 600 Small Cap ETF 13.8 3 86 7.9 -0.9
XJR iShares ESG Screened S&P Small-Cap ETF 13.6 12 77 7.5 -1.3
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 13.4 35 54 9.1 +0.3
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 12.7 38 51 6.9 -1.9
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 12.6 29 60 10.2 +1.4
VIOV Vanguard S&P Small-Cap 600 Value ETF 12.3 15 74 8.6 -0.1
SMCP AlphaMark Actively Managed Small Cap ETF 12.2 90 -1 0.0 -8.8
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 12.0 60 29 9.9 +1.1
IJS iShares S&P Small-Cap 600 Value ETF 11.9 18 71 9.0 +0.2
SLYV SPDR S&P 600 Small Cap Value ETF 11.8 15 74 9.0 +0.3
PSCH Invesco S&P SmallCap Health Care ETF 11.5 29 60 4.7 -4.1
BSVO EA Bridgeway Omni Small-Cap Value ETF 11.5 47 42 9.6 +0.8
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 11.4 42 47 7.4 -1.4
CSA VictoryShares US Small Cap Volatility Wtd ETF 11.3 35 54 7.4 -1.3
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 11.2 20 69 4.5 -4.3
TPSC Timothy Plan US Small Cap Core ETF 11.2 52 37 7.4 -1.4
ZIG Acquirers Fund 11.1 84 5 13.8 +5.0
RZV Invesco S&P Smallcap 600 Pure Value ETF 10.6 35 54 10.1 +1.4
SYLD Cambria Shareholder Yield ETF 10.4 59 30 11.6 +2.9
DES WisdomTree U.S. SmallCap Dividend Fund 10.1 38 51 8.1 -0.7
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 10.0 20 69 6.6 -2.2
USVM VictoryShares US Small Mid Cap Value Momentum ETF 9.9 25 64 8.8 +0.0
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 9.8 35 54 5.2 -3.5
DSMC Distillate Small/Mid Cash Flow ETF 9.7 55 34 11.6 +2.9
DBLV AdvisorShares DoubleLine Value Equity ETF 9.6 90 -1 8.0 -0.8
PSCF Invesco S&P SmallCap Financials ETF 9.6 29 60 9.8 +1.1
PSC Principal U.S. Small-Cap ETF 9.3 38 51 7.8 -1.0
VTWV Vanguard Russell 2000 Value ETF 9.3 15 74 5.8 -3.0
IWN iShares Russell 2000 Value ETF 9.2 24 65 5.7 -3.1
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 9.2 29 60 6.2 -2.5
FYX First Trust Small Cap Core AlphaDEX Fund 9.2 61 28 7.0 -1.8
RNSC Furst Trust Small Cap US Equity Select ETF 9.0 60 29 8.0 -0.8
AVSC Avantis U.S Small Cap Equity ETF 8.5 25 64 5.2 -3.6
EES WisdomTree U.S. SmallCap Fund 8.5 38 51 10.0 +1.2
ACTV LeaderShares Activist Leaders ETF 8.4 75 14 7.9 -0.9
DFSV Dimensional US Small Cap Value ETF 8.3 31 58 8.8 +0.0
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 8.2 12 77 7.3 -1.5
PSL Invesco Dorsey Wright Consumer Staples Momentum ETF 8.2 60 29 4.4 -4.4
DFAT Dimensional U.S. Targeted Value ETF 7.5 28 61 8.2 -0.6
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 7.3 80 9 6.4 -2.4
ISMD Inspire Small/Mid Cap ETF 7.3 54 35 6.0 -2.7
VFMF Vanguard U.S. Multifactor ETF 7.2 18 71 8.6 -0.2
IFRA iShares U.S. Infrastructure ETF 7.1 30 59 6.5 -2.2
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 7.0 9 80 3.9 -4.9
VFMV Vanguard U.S. Minimum Volatility ETF 7.0 13 76 5.2 -3.6
PBJ Invesco Food & Beverage ETF 6.6 57 32 5.5 -3.3
PSCI Invesco S&P SmallCap Industrials ETF 6.5 29 60 6.0 -2.8
PJP Invesco Pharmaceuticals ETF 6.4 57 32 8.6 -0.1
JSML Janus Henderson Small Cap Growth Alpha ETF 6.3 30 59 8.9 +0.2
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 6.3 60 29 0.9 -7.8
FNK First Trust Mid Cap Value AlphaDEX Fund 6.2 70 19 9.6 +0.8
VTWO Vanguard Russell 2000 ETF 6.2 10 79 3.8 -5.0
IWM iShares Russell 2000 ETF 6.2 19 70 3.6 -5.1
FSMD Fidelity Small-Mid Multifactor ETF 6.0 15 74 7.2 -1.6
PXI Invesco Dorsey Wright Energy Momentum ETF 6.0 60 29 8.1 -0.6
DFAS Dimensional U.S. Small Cap ETF 5.9 26 63 5.9 -2.9
XPH SPDR S&P Pharmaceuticals ETF 5.9 35 54 6.3 -2.5
QVAL Alpha Architect US Quantitative Value ETF 5.8 39 50 10.0 +1.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 5.8 39 50 8.7 -0.0
XOP SPDR S&P Oil & Gas Exploration & Production ETF 5.8 35 54 12.2 +3.5
BKSE BNY Mellon US Small Cap Core Equity ETF 5.7 4 85 5.5 -3.3
ISCV iShares Morningstar Small Cap Value ETF 5.6 6 83 8.1 -0.6
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 5.5 39 50 4.1 -4.7
ITB iShares U.S. Home Construction ETF 5.4 40 49 10.3 +1.6
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 5.3 30 59 7.4 -1.3
EZM WisdomTree U.S. MidCap Fund 5.3 38 51 8.2 -0.5
HOMZ Hoya Capital Housing ETF 5.2 30 59 8.0 -0.7
STXK Strive Small-Cap ETF 4.9 18 71 5.1 -3.7
JMEE JPMorgan Market Expansion Enhanced Equity ETF 4.8 24 65 7.8 -1.0
FAB First Trust Multi Cap Value AlphaDEX Fund 4.7 67 22 9.4 +0.7
FNDA Schwab Fundamental US Small Co. Index ETF 4.6 25 64 6.6 -2.2
PFI Invesco Dorsey Wright Financial Momentum ETF 4.6 60 29 6.2 -2.5
VFVA Vanguard U.S. Value Factor ETF 4.6 13 76 10.8 +2.0
WCEO Hypatia Women CEO ETF 4.6 85 4 5.7 -3.1
SCHA Schwab U.S. Small-Cap ETF 4.6 4 85 4.8 -4.0
BFOR ALPS Barron's 400 ETF 4.5 65 24 7.3 -1.5
FYC First Trust Small Cap Growth AlphaDEX Fund 4.3 71 18 0.8 -7.9
SMLF iShares U.S. SmallCap Equity Factor ETF 4.3 15 74 6.0 -2.8
IHE iShares U.S. Pharmaceuticals ETF 4.2 40 49 7.2 -1.5
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 4.1 48 41 5.5 -3.2
PRN Invesco Dorsey Wright Industrials Momentum ETF 4.1 60 29 5.0 -3.8
MBOX Freedom Day Dividend ETF 4.0 39 50 7.8 -0.9
ISCB iShares Morningstar Small-Cap ETF 3.8 4 85 5.2 -3.5
PEZ Invesco Dorsey Wright Consumer Cyclicals Momentum ETF 3.8 60 29 6.5 -2.3
FDM First Trust Dow Jones Select MicroCap Index Fund 3.7 60 29 8.1 -0.6
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 3.7 79 10 6.2 -2.5
FNX First Trust Mid Cap Core AlphaDEX Fund 3.7 60 29 6.2 -2.6
AFMC First Trust Active Factor Mid Cap ETF 3.6 65 24 7.7 -1.0
PXE Invesco Energy Exploration & Production ETF 3.5 60 29 15.7 +7.0
XHB SPDR S&P Homebuilders ETF 3.5 35 54 8.1 -0.6
PSCM Invesco S&P SmallCap Materials ETF 3.5 29 60 7.8 -1.0
BBP Virtus LifeSci Biotech Products ETF 3.4 79 10 -4.3 -13.0
IWC iShares Micro-Cap ETF 3.3 60 29 -4.1 -12.9
KCAL Subversive Food Security ETF 3.3 75 14 7.3 -1.5
FLRG Fidelity U.S. Multifactor ETF 3.3 15 74 6.9 -1.9
VBR Vanguard Small Cap Value ETF 3.3 7 82 8.2 -0.6
IWO iShares Russell 2000 Growth ETF 3.2 24 65 1.4 -7.3
VTWG Vanguard Russell 2000 Growth ETF 3.2 15 74 1.7 -7.1
FIW First Trust Water ETF 3.2 53 36 4.4 -4.4
VFMO Vanguard U.S. Momentum Factor ETF 3.1 13 76 2.7 -6.0
CVY Invesco Zacks Multi-Asset Income ETF 3.1 106 -17 10.6 +1.8
AZTD Aztlan Global Stock Selection DM SMID ETF 3.1 75 14 4.1 -4.6
PEY Invesco High Yield Equity Dividend Achievers ETF 3.0 52 37 8.5 -0.3
KBWY Invesco KBW Premium Yield Equity REIT ETF 3.0 35 54 19.7 +10.9
WDIV SPDR S&P Global Dividend ETF 2.9 40 49 9.6 +0.8
VFQY Vanguard U.S. Quality Factor ETF 2.9 13 76 6.9 -1.9
PPTY US Diversified Real Estate ETF 2.8 53 36 6.7 -2.1
VUSE Vident U.S. Equity Strategy ETF 2.8 50 39 4.5 -4.3
ESML iShares ESG Aware MSCI USA Small-Cap ETF 2.8 17 72 5.4 -3.3
BOAT SonicShares Global Shipping ETF 2.7 69 20 26.5 +17.7
CVAR Cultivar ETF 2.7 87 2 7.1 -1.6
IBRN iShares Neuroscience and Healthcare ETF 2.6 47 42 -4.2 -12.9
AIRR First Trust RBA American Industrial Renaissance ETF 2.6 70 19 5.5 -3.3
PSCT Invesco S&P SmallCap Information Technology ETF 2.6 29 60 6.8 -1.9
XHS SPDR S&P Health Care Services ETF 2.6 35 54 6.5 -2.2
IEO iShares U.S. Oil & Gas Exploration & Production ETF 2.6 40 49 10.4 +1.7
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 2.6 69 20 8.5 -0.3
SBIO ALPS Medical Breakthroughs ETF 2.4 50 39 -4.9 -13.6
KBE SPDR S&P Bank ETF 2.4 35 54 11.4 +2.6
RFDA RiverFront Dynamic US Dividend Advantage ETF 2.4 52 37 6.5 -2.2
PHO Invesco Water Resources ETF 2.4 60 29 4.2 -4.5
JHSC John Hancock Multifactor Small Cap ETF 2.4 42 47 6.0 -2.7
NUSC Nuveen ESG Small-Cap ETF 2.4 31 58 5.0 -3.7
VB Vanguard Small-Cap ETF 2.4 5 84 5.3 -3.5
VXF Vanguard Extended Market ETF 2.3 6 83 3.8 -4.9
AMID Argent Mid Cap ETF Argent Mid Cap ETF 2.3 52 37 6.9 -1.8
SLX VanEck Steel ETF 2.3 56 33 20.0 +11.3
PXJ Invesco Oil & Gas Services ETF 2.3 63 26 1.5 -7.3
GVLU Gotham 1000 Value ETF 2.3 50 39 7.6 -1.2
FVD First Trust Value Line Dividend Index Fund 2.3 65 24 5.9 -2.9
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.3 39 50 4.3 -4.5
FCPI Fidelity Stocks for Inflation ETF 2.2 15 74 8.7 -0.0
CGV Conductor Global Equity Value ETF 2.2 130 -41 10.1 +1.4
XBI SPDR S&P BIOTECH ETF 2.2 35 54 -1.2 -10.0
ISCG iShares Morningstar Small-Cap Growth ETF 2.0 6 83 2.4 -6.4
QQQS Invesco NASDAQ Future Gen 200 ETF 2.0 20 69 -7.0 -15.7
BLDG Cambria Global Real Estate ETF 2.0 60 29 9.2 +0.4
DHS WisdomTree U.S. High Dividend Fund 2.0 38 51 9.0 +0.3
SRET Global X SuperDividend REIT ETF 2.0 59 30 11.2 +2.5
NETL NETLease Corporate Real Estate ETF 1.9 60 29 9.2 +0.5
RNMC First Trust Mid Cap US Equity Select ETF 1.9 60 29 7.8 -1.0
AUSF Global X Adaptive U.S. Factor ETF 1.9 27 62 7.6 -1.1
FCG First Trust Natural Gas ETF 1.9 60 29 11.6 +2.8
VRAI Virtus Real Asset Income ETF 1.9 55 34 8.7 -0.1
XME SPDR S&P Metals & Mining ETF 1.9 35 54 7.8 -0.9
XES SPDR S&P Oil & Gas Equipment & Services ETF 1.8 35 54 -0.7 -9.4
AQWA Global X Clean Water ETF 1.8 50 39 4.3 -4.5
FBT First Trust NYSE Arca Biotechnology Index Fund 1.8 56 33 -0.1 -8.8
CGW Invesco S&P Global Water Index ETF 1.8 57 32 3.9 -4.9
OSCV Opus Small Cap Value ETF 1.8 79 10 6.1 -2.7
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 1.8 95 -6 1.6 -7.2
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 1.7 60 29 6.8 -2.0
HLGE Hartford Longevity Economy ETF 1.7 44 45 6.4 -2.4
EFRA iShares Environmental Infrastructure and Industrials ETF 1.7 47 42 5.5 -3.3
WBIY WBI Power Factor High Dividend ETF 1.7 100 -11 11.1 +2.4
OIH VanEck Oil Services ETF 1.6 35 54 2.3 -6.5
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.6 7 82 5.7 -3.1
IWFH iShares Virtual Work and Life Multisector ETF 1.6 47 42 -3.4 -12.2
COWS Amplify Cash Flow Dividend Leaders ETF 1.6 0 89 12.4 +3.7
EBLU Ecofin Global Water ESG Fund 1.5 40 49 4.0 -4.8
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 1.5 25 64 5.5 -3.2
DON WisdomTree U.S. MidCap Dividend Fund 1.5 38 51 8.7 -0.1
GLRY Inspire Faithward Mid Cap Momentum ETF 1.4 80 9 8.1 -0.6
KBWP Invesco KBW Property & Casualty Insurance ETF 1.4 35 54 5.8 -3.0
FTXH First Trust Nasdaq Pharmaceuticals ETF 1.4 60 29 8.5 -0.3
PKB Invesco Building & Construction ETF 1.4 62 27 7.5 -1.2
FSTA FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF 1.4 8 81 6.0 -2.8
VDC Vanguard Consumer Staples ETF 1.4 10 79 5.9 -2.9
ARB AltShares Merger Arbitrage ETF 1.4 77 12 0.6 -8.2
GDIV Harbor Dividend Growth Leaders ETF 1.4 50 39 6.0 -2.8
RDVY First Trust Rising Dividend Achievers ETF 1.4 50 39 9.1 +0.3
YUMY VanEck Future of Food ETF 1.3 69 20 4.9 -3.8
CRAK VanEck Oil Refiners ETF 1.3 61 28 15.4 +6.6
XTN SPDR S&P Transportation ETF 1.3 35 54 1.8 -7.0
SEA U.S. Global Sea to Sky Cargo ETF 1.3 60 29 26.2 +17.5
PKW Invesco Buyback Achievers ETF 1.3 62 27 8.0 -0.8
FTXR First Trust Nasdaq Transportation ETF 1.3 60 29 5.5 -3.3
TPYP Tortoise North American Pipeline Fund 1.3 40 49 5.6 -3.1
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 1.3 56 33 5.0 -3.7
REZ iShares Residential and Multisector Real Estate ETF 1.2 48 41 6.3 -2.5
TXS Texas Capital Texas Equity Index ETF 1.2 49 40 5.6 -3.2
CLOU Global X Cloud Computing ETF 1.2 68 21 1.9 -6.9
HAUS Residential REIT ETF 1.2 60 29 6.2 -2.6
REAI Intelligent Real Estate ETF 1.2 59 30 7.4 -1.3
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 1.2 60 29 8.6 -0.2
VBK Vanguard Small-Cap Growth ETF 1.2 7 82 1.4 -7.4
PTF Invesco Dorsey Wright Technology Momentum ETF 1.2 60 29 0.5 -8.3
XHE SPDR S&P Health Care Equipment ETF 1.2 35 54 1.2 -7.6
DVLU First Trust Dorsey Wright Momentum & Value ETF 1.2 60 29 10.1 +1.4
ERTH Invesco MSCI Sustainable Future ETF 1.2 62 27 3.5 -5.3
FSMO Fidelity Small-Mid Cap Opportunities ETF 1.2 60 29 6.7 -2.1
IBBQ Invesco Nasdaq Biotechnology ETF 1.1 19 70 0.8 -8.0
AVUS Avantis U.S. Equity ETF 1.1 15 74 6.0 -2.8
CSMD Congress SMid Growth ETF 1.1 69 20 3.8 -4.9
KIE SPDR S&P Insurance ETF 1.1 35 54 6.4 -2.4
FUTY Fidelity MSCI Utilities Index ETF 1.1 8 81 6.7 -2.1
QDEF FlexShares Quality Dividend Defensive Index Fund 1.1 37 52 4.8 -4.0
FTXG First Trust Nasdaq Food & Beverage ETF 1.1 60 29 6.0 -2.8
DFUV Dimensional US Marketwide Value ETF 1.1 22 67 7.6 -1.2
JPRE JPMorgan Realty Income ETF 1.1 50 39 6.5 -2.3
MILN Global X Millennial Consumer ETF 1.1 50 39 2.3 -6.4
IEZ iShares U.S. Oil Equipment & Services ETF 1.1 40 49 2.1 -6.7
MGMT Ballast Small/Mid Cap ETF 1.1 110 -21 7.7 -1.0
ROUS Hartford Multifactor US Equity ETF 1.1 19 70 6.3 -2.5
DFAC Dimensional U.S. Core Equity 2 ETF 1.1 17 72 5.5 -3.2
DIV Global X SuperDividend US ETF 1.1 45 44 9.1 +0.3
TOKE Cambria Cannabis ETF 1.1 42 47 -25.7 -34.4
VPU Vanguard Utilities ETF 1.1 10 79 6.7 -2.1
FENY Fidelity MSCI Energy Index ETF 1.1 8 81 7.7 -1.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.1 64 25 2.0 -6.8
SPRE SP Funds S&P Global REIT Sharia ETF 1.0 55 34 4.9 -3.8
IDNA iShares Genomics Immunology and Healthcare ETF 1.0 47 42 -4.9 -13.6
GERM ETFMG Treatments Testing and Advancements ETF 1.0 68 21 -5.7 -14.5
PBE Invesco Biotechnology & Genome ETF 1.0 58 31 0.9 -7.9
RIET Hoya Capital High Dividend Yield ETF 1.0 50 39 14.3 +5.5
XRT SPDR S&P Retail ETF 1.0 35 54 8.4 -0.4
VLU SPDR S&P 1500 Value Tilt ETF 1.0 12 77 7.1 -1.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 1.0 29 60 6.1 -2.7
QGRO American Century U.S. Quality Growth ETF 1.0 29 60 4.9 -3.8
JSTC Adasina Social Justice All Cap Global ETF 1.0 89 0 4.5 -4.2
SAMT Strategas Macro Thematic Opportunities ETF 1.0 65 24 4.0 -4.7
IQRA IQ CBRE Real Assets ETF 1.0 65 24 5.7 -3.0
FFTY Innovator IBD 50 ETF 1.0 80 9 -0.5 -9.2
ETHO Etho Climate Leadership U.S. ETF 1.0 47 42 3.9 -4.9
VDE Vanguard Energy ETF 0.9 10 79 7.7 -1.1
HKND Humankind US Stock ETF 0.9 11 78 6.7 -2.1
GRPM Invesco S&P MidCap 400 GARP ETF 0.9 35 54 9.9 +1.2
DARP Grizzle Growth ETF 0.9 75 14 5.0 -3.7
RFG Invesco S&P Midcap 400 Pure Growth ETF 0.9 35 54 5.5 -3.3
XMVM Invesco S&P MidCap Value with Momentum ETF 0.9 39 50 11.2 +2.4
NDIV Amplify Natural Resources Dividend Income ETF 0.9 59 30 10.6 +1.8
FDIV MarketDesk Focused U.S. Dividend ETF 0.9 35 54 8.7 -0.1
EATV VegTech Plant-based Innovation & Climate ETF 0.9 75 14 1.0 -7.8
DFNV Donoghue Forlines Innovation ETF 0.9 69 20 5.2 -3.6
SAGP Strategas Global Policy Opportunities ETF 0.9 65 24 4.4 -4.4
PTH Invesco Dorsey Wright Healthcare Momentum ETF 0.9 60 29 -3.3 -12.1
IAK iShares U.S. Insurance ETF 0.9 40 49 6.2 -2.6
IWTR iShares MSCI Water Management Multisector ETF 0.9 47 42 4.7 -4.1
USVT US Value ETF 0.9 49 40 11.4 +2.7
HELX Franklin Genomic Advancements ETF 0.9 50 39 1.8 -7.0
SDIV Global X Superdividend ETF 0.9 58 31 16.3 +7.6
XITK SPDR FactSet Innovative Technology ETF 0.9 45 44 2.4 -6.3
VEGI iShares MSCI Agriculture Producers ETF 0.9 39 50 9.4 +0.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.9 56 33 13.7 +5.0
FTRI First Trust Indxx Global Natural Resources Income ETF 0.8 70 19 10.2 +1.4
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.8 27 62 8.5 -0.2
BKWO BNY Mellon Women's Opportunities ETF 0.8 50 39 3.5 -5.2
SFYX SoFi Next 500 ETF 0.8 0 89 5.5 -3.2
FRI First Trust S&P REIT Index Fund 0.8 50 39 6.7 -2.1
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.8 8 81 4.5 -4.2
FVAL Fidelity Value Factor ETF 0.8 15 74 7.0 -1.8
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.7 70 19 1.8 -7.0
ICAP InfraCap Equity Income Fund ETF 0.7 171 -82 6.8 -2.0
PAVE Global X U.S. Infrastructure Development ETF 0.7 47 42 5.5 -3.3
FLDZ RiverNorth Patriot ETF 0.7 75 14 6.0 -2.8
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 0.7 11 78 7.1 -1.6
USRT iShares Core U.S. REIT ETF 0.7 8 81 7.1 -1.7
RWR SPDR Dow Jones REIT ETF 0.7 25 64 6.8 -2.0
FTXN First Trust Nasdaq Oil & Gas ETF 0.7 60 29 8.2 -0.5
VCR Vanguard Consumer Discretionary ETF 0.7 10 79 4.4 -4.4
FNDB Schwab Fundamental US Broad Market Index ETF 0.7 25 64 6.8 -1.9
FPRO Fidelity Real Estate Investment ETF 0.7 59 30 5.6 -3.1
DFAR Dimensional US Real Estate ETF 0.7 19 70 6.9 -1.8
FPX First Trust US Equity Opportunities ETF 0.7 61 28 0.6 -8.2
DFSU Dimensional US Sustainability Core 1 ETF 0.7 18 71 5.5 -3.2
BBC Virtus LifeSci Biotech Clinical Trials ETF 0.7 79 10 -5.9 -14.6
IYT iShares US Transportation ETF 0.7 40 49 1.9 -6.8
HDUS Hartford Disciplined US Equity ETF 0.7 19 70 6.1 -2.7
FDWM Fidelity Women's Leadership ETF 0.7 59 30 4.7 -4.0
XSW SPDR S&P Software & Services ETF 0.7 35 54 2.8 -5.9
IGE iShares North American Natural Resources ETF 0.7 41 48 7.2 -1.6
MEDX Horizon Kinetics Medical ETF 0.6 85 4 -0.2 -9.0
SDY SPDR S&P Dividend ETF 0.6 35 54 6.5 -2.3
RYJ Invesco Raymond James SB-1 Equity ETF 0.6 75 14 2.9 -5.8
SXQG ETC 6 Meridian Quality Growth ETF 0.6 100 -11 3.9 -4.8
SCHH Schwab U.S. REIT ETF 0.6 7 82 7.2 -1.6
FREL Fidelity MSCI Real Estate Index ETF 0.6 8 81 6.9 -1.9
AVLV Avantis U.S. Large Cap Value ETF 0.6 15 74 7.5 -1.2
TTAC FCF US Quality ETF 0.6 59 30 6.3 -2.5
FILL iShares MSCI Global Energy Producers ETF 0.6 39 50 10.0 +1.2
DTD WisdomTree U.S. Total Dividend Fund 0.6 28 61 6.5 -2.3
REET iShares Global REIT ETF 0.6 14 75 6.9 -1.9
AVRE Avantis Real Estate ETF 0.6 17 72 6.3 -2.4
MEDI Harbor Health Care ETF 0.5 80 9 0.6 -8.2
DRLL Strive U.S. Energy ETF 0.5 41 48 7.4 -1.4
RWO SPDR Dow Jones Global Real Estate ETF 0.5 50 39 6.4 -2.3
VNQ Vanguard Real Estate ETF 0.5 12 77 6.8 -1.9
ROOF IQ CBRE NextGen Real Estate ETF 0.5 60 29 7.5 -1.3
QLV FlexShares US Quality Low Volatility Index Fund 0.5 22 67 4.9 -3.8
QDF FlexShares Quality Dividend Index Fund 0.5 37 52 4.9 -3.8
VALQ American Century U.S. Quality Value ETF 0.5 29 60 7.2 -1.5
DFGR Dimensional Global Real Estate ETF 0.5 22 67 6.7 -2.0
ECLN First Trust EIP Carbon Impact ETF 0.5 96 -7 5.6 -3.2
IHF iShares U.S. Healthcare Providers ETF 0.4 40 49 5.8 -3.0
VOX Vanguard Communication Services ETF 0.4 10 79 5.0 -3.8
DFAU Dimensional US Core Equity Market ETF 0.4 12 77 5.2 -3.5
HAP VanEck Natural Resources ETF 0.4 50 39 8.9 +0.1
FCOM Fidelity MSCI Communication Services Index ETF 0.4 8 81 4.7 -4.1
IBB iShares Biotechnology ETF 0.4 45 44 0.7 -8.0
VIS Vanguard Industrials ETF 0.4 10 79 4.4 -4.4
TMFX Motley Fool Next Index ETF 0.4 50 39 3.2 -5.6
ERET iShares Environmentally Aware Real Estate ETF 0.4 30 59 6.9 -1.9
CSD Invesco S&P Spin-Off ETF 0.4 65 24 7.8 -1.0
FNDX Schwab Fundamental US Large Co. Index ETF 0.4 25 64 6.9 -1.9
PRF Invesco FTSE RAFI US 1000 ETF 0.4 39 50 6.5 -2.2
IJK iShares S&P Mid-Cap 400 Growth ETF 0.4 17 72 5.6 -3.1
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.4 15 74 6.3 -2.4
CRED Columbia Research Enhanced Real Estate ETF 0.4 33 56 7.3 -1.5
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.4 15 74 5.7 -3.1
IUS Invesco RAFI Strategic US ETF 0.4 19 70 7.1 -1.6
KRUZ Unusual Whales Subversive Republican Trading ETF 0.4 75 14 4.7 -4.0
FIDU Fidelity MSCI Industrial Index ETF 0.4 8 81 4.6 -4.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.4 12 77 4.3 -4.5
FMAT Fidelity MSCI Materials Index ETF 0.4 8 81 6.7 -2.1
XTL SPDR S&P Telecom ETF 0.3 35 54 8.1 -0.7
PICK iShares MSCI Global Metals & Mining Producers ETF 0.3 39 50 11.3 +2.6
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.3 3 86 5.3 -3.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 86 5.0 -3.8
IWV iShares Russell 3000 ETF 0.3 20 69 4.8 -3.9
VFH Vanguard Financials ETF 0.3 10 79 6.4 -2.3
VTHR Vanguard Russell 3000 ETF 0.3 10 79 4.9 -3.8
VTI Vanguard Total Stock Market ETF 0.3 3 86 4.9 -3.8
SCHB Schwab U.S. Broad Market ETF 0.3 3 86 5.0 -3.7
VHT Vanguard Health Care ETF 0.3 10 79 5.3 -3.5
FNCL Fidelity MSCI Financials Index ETF 0.3 8 81 6.5 -2.3
FHLC Fidelity MSCI Health Care Index ETF 0.3 8 81 5.4 -3.3
DFUS Dimensional U.S. Equity ETF 0.3 9 80 5.0 -3.8
DVY iShares Select Dividend ETF 0.3 38 51 9.0 +0.2
VAW Vanguard Materials ETF 0.3 10 79 6.6 -2.2
SCHD Schwab US Dividend Equity ETF 0.3 6 83 8.1 -0.6
DEW WisdomTree Global High Dividend Fund 0.3 58 31 9.1 +0.3
FDL First Trust Morningstar Dividend Leaders Index Fund 0.3 45 44 9.9 +1.2
SCHM Schwab U.S. Mid-Cap ETF 0.3 4 85 6.2 -2.6
AGNG Global X Aging Population ETF 0.3 50 39 3.9 -4.9
SHPP Pacer Industrials and Logistics ETF 0.3 60 29 8.2 -0.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 68 3.6 -5.1
TRFM AAM Transformers ETF 0.2 49 40 1.4 -7.4
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.2 15 74 7.0 -1.8
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 80 4.8 -3.9
JRNY ALPS Global Travel Beneficiaries ETF 0.2 65 24 0.5 -8.3
FDRR Fidelity Dividend ETF for Rising Rates 0.2 15 74 7.0 -1.8
MDY SPDR S&P Midcap 400 ETF Trust 0.2 23 66 6.7 -2.1
IVOO Vanguard S&P Mid-Cap 400 ETF 0.2 10 79 6.9 -1.9
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.2 3 86 6.9 -1.9
IJH iShares Core S&P Mid-Cap ETF 0.2 5 84 34.5 +25.7
VYM Vanguard High Dividend Yield Index ETF 0.2 6 83 7.3 -1.4
KOMP SPDR S&P Kensho New Economies Composite ETF 0.2 20 69 2.1 -6.7
GINN Goldman Sachs Innovate Equity ETF 0.2 52 37 2.8 -6.0
TRFK Pacer Data and Digital Revolution ETF 0.2 60 29 3.3 -5.4
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 77 5.4 -3.3
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.2 45 44 6.4 -2.4
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 85 6.1 -2.7
FTAG First Trust Indxx Global Agriculture ETF 0.2 70 19 10.2 +1.5
VT Vanguard Total World Stock ETF 0.2 7 82 5.0 -3.8
IHI iShares U.S. Medical Devices ETF 0.1 40 49 3.6 -5.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.1 46 43 9.6 +0.9
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 47 6.5 -2.2
VGT Vanguard Information Technology ETF 0.1 10 79 4.4 -4.4
RWK Invesco S&P MidCap 400 Revenue ETF 0.1 39 50 8.5 -0.2
IETC iShares U.S. Tech Independence Focused ETF 0.1 18 71 4.0 -4.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 80 5.5 -3.2
PFM Invesco Dividend Achievers ETF 0.1 53 36 5.6 -3.2
FTEC Fidelity MSCI Information Technology Index ETF 0.1 8 81 4.4 -4.3
DGRW WisdomTree US Quality Dividend Growth Fund 0.1 28 61 6.0 -2.8
DIVB iShares Core Dividend ETF 0.1 5 84 7.9 -0.8
LUXX Roundhill S&P Global Luxury ETF 0.1 45 44 2.5 -6.3
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.1 20 69 7.8 -1.0
IYG iShares US Financial Services ETF 0.1 40 49 5.8 -2.9
VIG Vanguard Dividend Appreciation ETF 0.1 6 83 5.6 -3.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 42 5.6 -3.1
HDV iShares Core High Dividend ETF 0.1 8 81 8.5 -0.3
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 14 3.7 -5.1
IGV iShares Expanded Tech-Software Sector ETF 0.1 41 48 3.0 -5.8
SMDY Syntax Stratified MidCap ETF 0.1 35 54 6.2 -2.5
SCHK Schwab 1000 Index ETF 0.1 5 84 5.1 -3.6
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 75 5.2 -3.6
IYC iShares U.S. Consumer Discretionary ETF 0.1 40 49 3.5 -5.2
SMMD iShares Russell 2500 ETF 0.1 15 74 5.9 -2.9
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 69 6.0 -2.7
IGM iShares Expanded Tech Sector ETF 0.1 41 48 4.0 -4.7
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 72 6.9 -1.8
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.1 50 39 5.7 -3.1
EMLP First Trust North American Energy Infrastructure Fund 0.0 95 -6 5.6 -3.2
DSI iShares MSCI KLD 400 Social ETF 0.0 25 64 4.9 -3.8
IWS iShares Russell Mid-Cap Value ETF 0.0 23 66 6.6 -2.2
DGRO iShares Core Dividend Growth ETF 0.0 8 81 6.4 -2.3
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.0 40 49 3.8 -4.9
TMFE Motley Fool Capital Efficiency 100 Index ETF 0.0 50 39 4.3 -4.4
BTHM BlackRock Future U.S. Themes ETF 0.0 60 29 4.5 -4.2
STXV Strive 1000 Value ETF 0.0 18 71 7.9 -0.8
CCSO Carbon Collective Climate Solutions US Equity ETF 0.0 35 54 2.3 -6.5
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 69 7.0 -1.8
IEDI iShares U.S. Consumer Focused ETF 0.0 18 71 4.6 -4.2
IYY iShares Dow Jones U.S. ETF 0.0 20 69 4.9 -3.9
IWR iShares Russell Midcap ETF 0.0 19 70 5.6 -3.2
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 85 4.4 -4.4
RITA ETFB Green SRI REITs ETF 0.0 50 39 5.9 -2.9
VONV Vanguard Russell 1000 Value ETF 0.0 8 81 6.7 -2.1
IWD iShares Russell 1000 Value ETF 0.0 19 70 6.6 -2.2
JHML John Hancock Multifactor Large Cap ETF 0.0 29 60 5.5 -3.3
IWB iShares Russell 1000 ETF 0.0 15 74 5.0 -3.8
VONE Vanguard Russell 1000 ETF 0.0 8 81 5.0 -3.7
STXG Strive 1000 Growth ETF 0.0 18 71 4.0 -4.8
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 78 5.1 -3.7
PSCC Invesco S&P SmallCap Consumer Staples ETF 0.0 29 60 7.0 -1.7
PSCE Invesco S&P SmallCap Energy ETF 0.0 29 60 6.1 -2.7

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

  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:
ETC 6 Meridian Small Cap Equity ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.8 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 89 bp
Equals: ALTAR Score 8.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.57 CATEGORY
AVERAGE
1.55
 
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.