ProShares Russell 2000 Dividend Growers ETF
ALTAR
Score™		 6.9% info Recommen-
dation		 NEUTRAL
2022E    2023E
P/E
ratio		 15.7x P/Sales
ratio		 1.1x
P/BV
ratio		 1.6x Div.
yield		 3.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
SMDV tracks an index of US small-cap stocks with a 10-year record of increasing dividends. Stocks are equally weighted.

FUND BASICS
Category US Equities
Fund Sponsor ProShares
Website www.proshares.com
Inception date Feb 03, 2015
Assets (mns) $757
Currency USD
Expense ratio 41 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian
Weighting Equal
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 99
Wgt avg mkt cap (mns) $2,377
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 59.8%
Small cap (<$2bn) 40.2%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
LINDSAY CORP 1.3 %
FRANKLIN ELECTRIC CO INC 1.2 %
QUAKER CHEMICAL CORP 1.2 %
BADGER METER INC 1.2 %
WORTHINGTON INDUSTRIES 1.2 %
ALAMO GROUP INC 1.1 %
MATERION CORP 1.1 %
INSPERITY INC 1.1 %
FEDERAL AGRIC MTG CORP-CL C 1.1 %
LANCASTER COLONY CORP 1.1 %
Total 11.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.5 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-15.6% -7.8% 2.0% -- 6.1%

Market Correlations
versus... Beta R-squared
S&P500 0.74 68%
MSCI EAFE 0.81 76%
MSCI Emg. Mkts. 0.64 50%

Technical Indicators
Recent close $58.47
30d moving avg. $59.85
Annualized volatility 18.4%
Short interest (ETF) 0.0%
Short interest (Underlying) 3.9%
Relative strength (RSI) 38

Liquidity measures
Avg. volume (thou.) 62
Turnover 0.5%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $1,084

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 420 potential alternatives to the ProShares Russell 2000 Dividend Growers ETF ETF based on the alternatives' overlap in portfolio holdings with SMDV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SMDV Expense: 41 bp ALTAR Score™: 6.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SMDV
Ticker Fund
Name		 Overlap1
vs SMDV
(%)		 Expense
ratio
(bp)		 Savings
vs SMDV
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs SMDV
(%)
KSCD KFA Small Cap Quality Dividend Index ETF 51.3 51 -10 6.6 -0.4
DES WisdomTree U.S. SmallCap Dividend Fund 23.0 38 3 10.0 +3.1
XSLV Invesco S&P SmallCap Low Volatility ETF 20.8 25 16 9.0 +2.0
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 20.0 35 6 10.1 +3.2
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 19.9 12 29 7.4 +0.4
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 19.2 38 3 10.7 +3.7
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 19.0 35 6 8.8 +1.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 18.4 39 2 8.0 +1.1
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 14.8 29 12 8.2 +1.2
TMDV ProShares Russell US Dividend Growers ETF 14.6 36 5 6.7 -0.3
ESIX SPDR S&P SmallCap 600 ESG ETF 14.1 12 29 8.7 +1.7
QABA First Trust NASDAQ ABA Community Bank Index Fund 14.1 60 -19 8.9 +2.0
SMLE Xtrackers S&P SmallCap 600 ESG ETF 14.1 15 26 8.6 +1.6
PSCI Invesco S&P SmallCap Industrials ETF 13.9 29 12 8.7 +1.7
VIOV Vanguard S&P Small-Cap 600 Value ETF 13.8 15 26 8.4 +1.4
IJS iShares S&P Small-cap 600 Value ETF 13.7 18 23 8.4 +1.5
SLYV SPDR S&P 600 Small Cap Value ETF 13.7 15 26 8.5 +1.5
IFRA iShares U.S. Infrastructure ETF 13.5 30 11 7.0 +0.1
KRE SPDR S&P Regional Banking ETF 13.2 35 6 9.5 +2.6
XJR iShares ESG Screened S&P Small-Cap ETF 13.1 12 29 7.9 +1.0
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 13.1 15 26 8.5 +1.5
IWN iShares Russell 2000 Value ETF 13.1 23 18 6.4 -0.6
VTWV Vanguard Russell 2000 Value Index Fund 13.0 15 26 6.6 -0.4
PEY Invesco High Yield Equity Dividend Achievers ETF 13.0 53 -12 9.5 +2.5
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 12.8 30 11 12.9 +6.0
SDY SPDR S&P Dividend ETF 12.8 35 6 7.2 +0.3
SIXS 6 Meridian Small Cap Equity ETF 12.8 100 -59 11.4 +4.5
SIXL 6 Meridian Low Beta Equity Strategy ETF 12.5 82 -41 6.8 -0.2
IJR iShares Core S&P Small Cap ETF 12.4 6 35 8.2 +1.3
SPSM SPDR Portfolio S&P 600 Small Cap ETF 12.4 5 36 8.2 +1.3
SLY SPDR S&P 600 Small Cap ETF 12.4 15 26 8.1 +1.2
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 12.3 80 -39 7.1 +0.1
VIOO Vanguard S&P Small-Cap 600 ETF 12.3 10 31 8.2 +1.2
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 12.2 20 21 6.1 -0.8
RNSC Small Cap US Equity Select ETF 12.0 60 -19 10.2 +3.3
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 12.0 35 6 9.4 +2.5
ISMD Inspire Small/Mid Cap Impact ETF 11.9 48 -7 6.9 -0.1
TPSC Timothy Plan US Small Cap Core ETF 11.6 52 -11 8.9 +1.9
KBE SPDR S&P Bank ETF 11.5 35 6 10.5 +3.6
KBWR Invesco KBW Regional Banking ETF 11.5 35 6 9.1 +2.2
SVAL iShares US Small Cap Value Factor ETF 11.3 20 21 11.5 +4.5
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 11.0 19 22 8.8 +1.9
IJT iShares S&P Small-Cap 600 Growth ETF 10.9 18 23 8.1 +1.1
SLYG SPDR S&P 600 Small Cap Growth ETF 10.9 15 26 8.1 +1.2
VIOG Vanguard S&P Small-Cap 600 Growth ETF 10.6 15 26 8.2 +1.3
ROSC Hartford Multifactor Small Cap ETF 10.3 34 7 11.9 +5.0
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 10.2 41 0 6.9 -0.0
DFAS Dimensional U.S. Small Cap ETF 10.2 28 13 7.3 +0.3
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 10.2 20 21 7.6 +0.7
IWM iShares Russell 2000 ETF 10.1 19 22 4.2 -2.8
RFV Invesco S&P Midcap 400 Pure Value ETF 10.0 35 6 11.6 +4.7
VTWO Vanguard Russell 2000 Index Fund 9.9 10 31 4.3 -2.6
FYT First Trust Small Cap Value AlphaDEX Fund 9.6 71 -30 15.4 +8.4
SSLY Syntax Stratified SmallCap ETF 9.6 35 6 7.9 +1.0
ISCV iShares Morningstar Small Cap Value ETF 9.4 6 35 8.8 +1.9
CSML IQ Chaikin U.S. Small Cap ETF 9.3 35 6 6.3 -0.6
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 9.1 9 32 5.0 -2.0
FYX First Trust Small Cap Core AlphaDEX Fund 9.1 61 -20 10.5 +3.5
RWJ Invesco S&P SmallCap 600 Revenue ETF 8.9 39 2 10.0 +3.0
FIW First Trust Water ETF 8.9 53 -12 4.3 -2.7
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 8.9 60 -19 8.7 +1.8
PSCU Invesco S&P SmallCap Utilities ETF 8.8 29 12 3.5 -3.4
AVSC Avantis U.S Small Cap Equity ETF 8.7 25 16 5.5 -1.4
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 8.7 40 1 8.1 +1.1
XSHQ Invesco S&P SmallCap Quality ETF 8.6 29 12 10.5 +3.5
FNDA Schwab Fundamental U.S. Small Co. Index ETF 8.4 25 16 7.1 +0.2
EES WisdomTree SmallCap Earnings Fund 8.2 38 3 11.3 +4.3
CGW Invesco S&P Global Water Index ETF 8.1 57 -16 4.8 -2.1
RYLD Global X Russell 2000 Covered Call ETF 8.0 60 -19 3.9 -3.0
EBLU Ecofin Global Water ESG Fund 8.0 40 1 4.4 -2.5
BKSE BNY Mellon US Small Cap Core Equity ETF 7.9 4 37 6.0 -0.9
PHO Invesco Water Resources ETF 7.9 60 -19 4.5 -2.4
JHSC John Hancock Multifactor Small Cap ETF 7.8 42 -1 6.9 -0.0
DFSV Dimensional US Small Cap Value ETF 7.8 31 10 9.3 +2.3
AQWA Global X Clean Water ETF 7.7 50 -9 5.2 -1.8
PSC Principal U.S. Small Cap Index ETF 7.7 38 3 8.2 +1.3
OUSM ALPS O'Shares Russell Small Cap Quality Dividend ETF 7.7 48 -7 8.7 +1.7
PSCF Invesco S&P SmallCap Financials ETF 7.5 29 12 10.6 +3.7
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 7.4 39 2 5.1 -1.8
XMLV Invesco S&P MidCap Low Volatility ETF 7.4 25 16 7.3 +0.3
ISCB iShares Morningstar Small-Cap ETF 7.2 4 37 5.2 -1.8
DFAT Dimensional U.S. Targeted Value ETF 7.1 29 12 9.3 +2.3
FVD First Trust Value Line Dividend Index Fund 7.1 67 -26 6.8 -0.2
IWO iShares Russell 2000 Growth ETF 7.0 23 18 1.9 -5.0
VTWG Vanguard Russell 2000 Growth Index Fund 7.0 15 26 2.1 -4.8
SCHA Schwab U.S. Small-Cap ETF 6.9 4 37 5.6 -1.4
RNMC Mid Cap US Equity Select ETF 6.9 60 -19 8.7 +1.8
PSCC Invesco S&P SmallCap Consumer Staples ETF 6.8 29 12 5.8 -1.2
RZV Invesco S&P Smallcap 600 Pure Value ETF 6.7 35 6 10.2 +3.2
FDM First Trust Dow Jones Select Microcap Index Fund 6.4 60 -19 5.9 -1.0
EWMC Invesco S&P MidCap 400 Equal Weight ETF 6.4 40 1 8.2 +1.2
FYC First Trust Small Cap Growth AlphaDEX Fund 6.3 70 -29 3.6 -3.4
VBR Vanguard Small Cap Value Index Fund 6.3 7 34 8.8 +1.9
PSCM Invesco S&P SmallCap Materials ETF 6.1 29 12 7.0 +0.1
VFMV Vanguard U.S. Minimum Volatility ETF 6.1 13 28 7.1 +0.1
OSCV Opus Small Cap Value Plus ETF 6.0 79 -38 6.3 -0.7
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 6.0 17 24 5.8 -1.2
IUSS Invesco Strategic US Small Company ETF 5.9 23 18 7.2 +0.3
IVOV Vanguard S&P Mid-Cap 400 Value ETF 5.8 15 26 8.9 +2.0
IJJ iShares S&P Mid-Cap 400 Value ETF 5.8 18 23 8.8 +1.9
MDYV SPDR S&P 400 Mid Cap Value ETF 5.8 15 26 8.9 +1.9
PBSM Invesco PureBeta MSCI USA Small Cap ETF 5.8 6 35 5.8 -1.1
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 5.6 60 -19 4.7 -2.3
KVLE KFA Value Liner Dynamic Core Equity Index ETF 5.6 55 -14 7.0 +0.1
AFSM First Trust Active Factor Small Cap ETF 5.6 75 -34 8.8 +1.9
SMDY Syntax Stratified MidCap ETF 5.5 35 6 8.0 +1.1
XSMO Invesco S&P SmallCap Momentum ETF 5.4 39 2 7.0 +0.1
AVUV Avantis U.S. Small Cap Value ETF 5.3 25 16 10.6 +3.6
WDIV SPDR Global Dividend ETF 5.2 40 1 10.2 +3.2
TPYP Tortoise North American Pipeline Fund 5.2 40 1 4.8 -2.1
FSMD Fidelity Small-Mid Factor ETF 5.0 29 12 8.8 +1.9
ISCG iShares Morningstar Small-Cap Growth ETF 5.0 6 35 1.3 -5.6
NUSC Nuveen ESG Small-Cap ETF 4.9 30 11 6.2 -0.8
VB Vanguard Small-Cap ETF 4.8 5 36 6.1 -0.8
VFLQ Vanguard U.S. Liquidity Factor ETF 4.7 13 28 4.9 -2.1
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 4.6 15 26 8.1 +1.2
MDY SPDR S&P Midcap 400 ETF Trust 4.4 22 19 7.9 +0.9
VPU Vanguard Utilities Index Fund 4.4 10 31 5.8 -1.1
IVOO Vanguard S&P Mid-Cap 400 ETF 4.4 10 31 8.1 +1.2
IJH iShares Core S&P Mid-Cap ETF 4.3 5 36 8.0 +1.1
SPMD SPDR Portfolio Mid Cap ETF 4.3 5 36 8.0 +1.1
FUTY Fidelity MSCI Utilities Index ETF 4.3 8 33 5.8 -1.1
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 4.2 30 11 10.1 +3.1
XMHQ Invesco S&P MidCap Quality ETF 4.1 25 16 9.0 +2.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 4.1 7 34 6.0 -0.9
SQEW LeaderShares Equity Skew ETF 4.0 75 -34 6.8 -0.1
EZM WisdomTree U.S. MidCap Earnings Fund 4.0 38 3 11.1 +4.1
VXF Vanguard Extended Market Index Fund 3.9 6 35 4.3 -2.6
VFQY Vanguard U.S. Quality Factor ETF 3.9 13 28 8.9 +2.0
JMEE JPMorgan Market Expansion Enhanced Equity ETF 3.9 24 17 8.6 +1.6
VRAI Virtus Real Asset Income ETF 3.9 55 -14 7.8 +0.9
FNY First Trust Mid Cap Growth AlphaDEX Fund 3.8 70 -29 5.0 -1.9
ETHO Etho Climate Leadership U.S. ETF 3.8 47 -6 4.9 -2.1
PUI Invesco DWA Utilities Momentum ETF 3.8 60 -19 5.3 -1.6
XJH iShares ESG Screened S&P Mid-Cap ETF 3.8 12 29 8.1 +1.1
VFMF Vanguard U.S. Multifactor ETF 3.7 18 23 10.3 +3.3
AIRR First Trust RBA American Industrial Renaissance ETF 3.7 70 -29 6.6 -0.4
DIV Global X SuperDividend US ETF 3.7 45 -4 7.1 +0.1
XSVM Invesco S&P SmallCap Value with Momentum ETF 3.7 39 2 12.9 +5.9
RFDA RiverFront Dynamic US Dividend Advantage ETF 3.6 52 -11 8.4 +1.4
FNX First Trust Mid Cap Core AlphaDEX Fund 3.5 59 -18 8.9 +2.0
DON WisdomTree U.S. MidCap Dividend Fund 3.5 38 3 9.3 +2.4
XMVM Invesco S&P MidCap Value with Momentum ETF 3.4 39 2 12.9 +5.9
LVHD Legg Mason Low Volatility High Dividend ETF 3.4 27 14 8.5 +1.6
TDV ProShares S&P Technology Dividend Aristocrats ETF 3.2 46 -5 7.5 +0.5
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 3.1 25 16 8.8 +1.8
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 3.1 36 5 9.8 +2.8
ICAP InfraCap Equity Income Fund ETF 3.1 80 -39 10.2 +3.3
DWAS Invesco DWA SmallCap Momentum ETF 3.0 60 -19 -0.0 -7.0
RWK Invesco S&P MidCap 400 Revenue ETF 3.0 39 2 10.7 +3.8
JSML Janus Henderson Small Cap Growth Alpha ETF 3.0 30 11 11.0 +4.0
PPTY PPTY-U.S. Diversified Real Estate ETF 2.9 49 -8 6.9 -0.1
XME SPDR S&P Metals & Mining ETF 2.8 35 6 7.2 +0.2
VBK Vanguard Small-Cap Growth Index Fund 2.8 7 34 2.0 -5.0
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 2.8 15 26 7.4 +0.4
IJK iShares S&P Mid-Cap 400 Growth ETF 2.8 17 24 7.2 +0.2
IAT iShares U.S. Regional Banks ETF 2.8 39 2 10.0 +3.0
MDYG SPDR S&P 400 Mid Cap Growth ETF 2.8 15 26 7.2 +0.3
PSR Invesco Active U.S. Real Estate Fund 2.8 35 6 6.4 -0.5
DVY iShares Select Dividend ETF 2.8 39 2 9.8 +2.9
SQLV Legg Mason Small-Cap Quality Value 2.7 61 -20 12.5 +5.6
MIDE Xtrackers S&P MidCap 400 ESG ETF 2.6 15 26 8.6 +1.7
FAB First Trust Multi Cap Value AlphaDEX Fund 2.6 69 -28 12.0 +5.1
AFMC First Trust Active Factor Mid Cap ETF 2.5 65 -24 9.8 +2.8
FAD First Trust Multi Cap Growth AlphaDEX Fund 2.5 63 -22 5.1 -1.8
AMER Emles Made in America ETF 2.4 49 -8 9.6 +2.6
NVQ QRAFT AI-Enhanced US Next Value ETF 2.3 75 -34 10.8 +3.9
YUMY VanEck Future of Food ETF 2.3 69 -28 4.0 -3.0
KOMP SPDR Kensho New Economies Composite ETF 2.3 20 21 0.8 -6.1
JSTC Adasina Social Justice All Cap Global ETF 2.2 89 -48 6.9 -0.1
FNK First Trust Mid Cap Value AlphaDEX Fund 2.2 70 -29 12.0 +5.0
VAW Vanguard Materials Index Fund 2.2 10 31 8.1 +1.2
FMAT Fidelity MSCI Materials Index ETF 2.2 84 -43 7.4 +0.4
VFMO Vanguard U.S. Momentum Factor ETF 2.1 13 28 5.2 -1.7
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 2.1 60 -19 12.4 +5.5
PYZ Invesco DWA Basic Materials Momentum ETF 2.1 60 -19 11.8 +4.9
RYJ Invesco Raymond James SB-1 Equity ETF 2.1 81 -40 4.4 -2.6
FEMA Procure Disaster Recovery Strategy ETF 2.1 75 -34 6.0 -1.0
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 2.1 108 -67 5.5 -1.4
INDS Pacer Benchmark Industrial Real Estate SCTR ETF 2.1 60 -19 6.8 -0.2
RFG Invesco S&P Midcap 400 Pure Growth ETF 2.0 35 6 8.5 +1.6
RDOG ALPS REIT Dividend Dogs ETF 2.0 35 6 10.7 +3.8
NETL NETLease Corporate Real Estate ETF 2.0 60 -19 8.3 +1.3
JRE Janus Henderson U.S. Real Estate ETF 2.0 65 -24 5.5 -1.5
RFFC RiverFront Dynamic US Flex-Cap ETF 2.0 52 -11 6.6 -0.3
BLDG Cambria Global Real Estate ETF 2.0 59 -18 8.5 +1.5
PSCH Invesco S&P SmallCap Health Care ETF 2.0 29 12 3.1 -3.8
BFOR Barron's 400 ETF 2.0 65 -24 9.4 +2.5
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 2.0 30 11 9.7 +2.8
VAMO Cambria Value & Momentum ETF 1.9 64 -23 11.6 +4.7
RIET Hoya Capital High Dividend Yield ETF 1.9 50 -9 11.0 +4.1
XTL SPDR S&P Telecom ETF 1.9 35 6 6.2 -0.8
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 1.9 95 -54 2.5 -4.5
DEEP Roundhill Acquirers Deep Value ETF 1.9 80 -39 18.6 +11.7
ROOF IQ US Real Estate Small Cap ETF 1.9 60 -19 5.1 -1.9
IWC iShares Micro-Cap ETF 1.9 60 -19 -6.0 -12.9
CNRG SPDR S&P Kensho Clean Power ETF 1.9 45 -4 0.7 -6.2
PBJ Invesco Dynamic Food & Beverage ETF 1.9 63 -22 5.7 -1.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.9 57 -16 14.4 +7.5
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.8 47 -6 5.1 -1.9
BFIT Global X Health & Wellness ETF 1.8 50 -9 6.2 -0.8
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 1.8 25 16 7.0 +0.0
KBWD Invesco KBW High Dividend Yield Financial ETF 1.8 124 -83 14.1 +7.2
DFAC Dimensional U.S. Core Equity 2 ETF 1.7 19 22 7.4 +0.4
PSL Invesco DWA Consumer Staples Momentum ETF 1.7 60 -19 5.1 -1.9
VUSE Vident Core US Equity Fund 1.7 50 -9 11.4 +4.5
WBIY WBI Power Factor High Dividend ETF 1.7 70 -29 12.6 +5.7
RWR SPDR Dow Jones REIT ETF 1.7 25 16 6.9 -0.0
ECLN First Trust EIP Carbon Impact ETF 1.7 95 -54 3.7 -3.3
VFVA Vanguard U.S. Value Factor ETF 1.7 13 28 12.6 +5.7
KIE SPDR S&P Insurance ETF 1.6 35 6 8.6 +1.7
KBWP Invesco KBW Property & Casualty Insurance ETF 1.6 35 6 7.0 +0.0
FRI First Trust S&P REIT Index Fund 1.6 50 -9 6.8 -0.2
CVAR Cultivar ETF 1.6 87 -46 8.7 +1.8
FNCL Fidelity MSCI Financials Index ETF 1.6 8 33 9.3 +2.3
VFH Vanguard Financials Index Fund 1.6 10 31 9.3 +2.3
USRT iShares Core U.S. REIT ETF 1.5 8 33 7.2 +0.2
XHE SPDR S&P Health Care Equipment ETF 1.5 35 6 0.8 -6.2
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 1.5 11 30 7.1 +0.2
DHS WisdomTree U.S. High Dividend Fund 1.5 38 3 9.0 +2.0
CALF Pacer US Small Cap Cash Cows 100 ETF 1.5 59 -18 13.5 +6.5
FIDU Fidelity MSCI Industrials Index ETF 1.4 8 33 6.5 -0.5
RITA ETFB Green SRI REITs ETF 1.4 50 -9 5.1 -1.8
HKND Humankind US Stock ETF 1.4 11 30 8.4 +1.4
VIS Vanguard Industrials Index Fund 1.3 10 31 6.1 -0.9
PFM Invesco Dividend Achievers ETF 1.3 53 -12 6.9 -0.1
DFAR Dimensional US Real Estate ETF 1.3 19 22 6.6 -0.3
FREL Fidelity MSCI Real Estate Index ETF 1.3 84 -43 6.1 -0.9
FTQI First Trust Nasdaq BuyWrite Income ETF 1.3 85 -44 4.5 -2.5
BOUT Innovator IBD Breakout Opportunities ETF 1.3 80 -39 4.8 -2.2
NZRO Strategy Shares Halt Climate Change ETF 1.3 95 -54 1.9 -5.1
AVUS Avantis U.S. Equity ETF 1.3 15 26 7.6 +0.6
KROP Global X AgTech & Food Innovation ETF 1.3 50 -9 0.0 -6.9
VDC Vanguard Consumer Staples Index Fund 1.2 10 31 6.1 -0.9
FSTA Fidelity MSCI Consumer Staples Index ETF 1.2 8 33 6.0 -0.9
SPRE SP Funds S&P Global REIT Sharia ETF 1.2 69 -28 4.6 -2.3
SFYX Sofi Next 500 ETF 1.2 0 41 6.3 -0.6
FDL First Trust Morningstar Dividend Leaders Index Fund 1.2 45 -4 10.2 +3.3
RDIV Invesco S&P Ultra Dividend Revenue ETF 1.2 39 2 10.6 +3.7
PSCT Invesco S&P SmallCap Information Technology ETF 1.2 29 12 7.2 +0.3
SNSR Global X Internet of Things Thematic ETF 1.2 68 -27 5.2 -1.7
SIMS SPDR S&P Kensho Intelligent Structures ETF 1.2 45 -4 1.8 -5.1
VNQ Vanguard REIT Index Fund 1.2 12 29 6.9 -0.1
SCHH Schwab U.S. REIT ETF 1.2 7 34 6.9 -0.1
PAVE Global X U.S. Infrastructure Development ETF 1.2 47 -6 8.0 +1.0
RWO SPDR Dow Jones Global Real Estate ETF 1.2 50 -9 6.4 -0.5
SLX VanEck Steel ETF 1.2 55 -14 30.6 +23.7
FTRI First Trust Indxx Global Natural Resources Income ETF 1.2 70 -29 19.0 +12.1
TINT ProShares Smart Materials ETF 1.1 58 -17 7.4 +0.4
REET iShares Global REIT ETF 1.1 14 27 6.8 -0.2
PRN Invesco DWA Industrials Momentum ETF 1.1 60 -19 5.5 -1.4
LIV Emles (a)Home ETF 1.1 49 -8 5.3 -1.6
MBOX Freedom Day Dividend ETF 1.1 39 2 8.9 +1.9
MGMT Ballast Small/Mid Cap ETF 1.1 110 -69 8.5 +1.5
CZA Invesco Zacks Mid-Cap ETF 1.1 69 -28 7.4 +0.5
VIG Vanguard Dividend Appreciation Index Fund 1.1 6 35 7.0 +0.0
FFR First Trust FTSE EPRA/NAREIT Developed Markets Real Estate 1.1 60 -19 6.1 -0.9
DFUV Dimensional US Marketwide Value ETF 1.1 23 18 9.2 +2.3
HLGE Hartford Longevity Economy ETF 1.1 44 -3 9.1 +2.1
IVEG iShares Emergent Food and AgTech Multisector ETF 1.1 47 -6 7.7 +0.8
XHS SPDR S&P Health Care Services ETF 1.1 35 6 1.7 -5.2
PTH Invesco DWA Healthcare Momentum ETF 1.1 60 -19 -0.9 -7.9
CVY Invesco Zacks Multi-Asset Income ETF 1.1 100 -59 11.6 +4.7
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 1.1 60 -19 9.7 +2.8
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 1.1 60 -19 5.7 -1.3
WTRE WisdomTree New Economy Real Estate Fund 1.1 58 -17 4.8 -2.2
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 1.1 75 -34 3.7 -3.2
DRW WisdomTree Global ex-US Real Estate Fund 1.1 58 -17 3.7 -3.3
QLV FlexShares US Quality Low Volatility Index Fund 1.1 22 19 6.4 -0.6
DTOX Amplify Cleaner Living ETF 1.0 59 -18 -0.9 -7.9
EVX VanEck Environmental Services ETF 1.0 55 -14 3.4 -3.5
MAKX ProShares S&P Kensho Smart Factories ETF 1.0 58 -17 4.3 -2.7
KCE SPDR S&P Capital Markets ETF 1.0 35 6 10.4 +3.4
INFL Horizon Kinetics Inflation Beneficiaries ETF 1.0 85 -44 5.2 -1.7
VOX Vanguard Telecommunication Services Index Fund 1.0 10 31 7.2 +0.3
EATV VegTech Plant-based Innovation & Climate ETF 1.0 75 -34 2.3 -4.7
KBWY Invesco KBW Premium Yield Equity REIT ETF 1.0 35 6 12.6 +5.7
TMFS Motley Fool Small Cap Growth ETF 1.0 85 -44 2.5 -4.4
GBDV Global Beta Smart Income ETF 1.0 29 12 0.0 -6.9
XWEB SPDR S&P Internet ETF 1.0 35 6 -4.4 -11.4
IBUY Amplify Online Retail ETF 1.0 65 -24 -4.8 -11.7
ROUS Hartford Multifactor US Equity ETF 1.0 19 22 8.6 +1.7
CWS AdvisorShares Focused Equity ETF 1.0 66 -25 6.1 -0.8
XMMO Invesco S&P MidCap Momentum ETF 1.0 33 8 6.7 -0.3
ROKT SPDR S&P Kensho Final Frontiers ETF 1.0 45 -4 3.0 -3.9
AUSF Global X Adaptive U.S. Factor ETF 1.0 27 14 7.3 +0.4
NLR VanEck Uranium+Nuclear Energy ETF 1.0 60 -19 1.8 -5.2
VYM Vanguard High Dividend Yield Index ETF 1.0 6 35 8.6 +1.7
FTXL First Trust Nasdaq Semiconductor ETF 1.0 60 -19 10.5 +3.5
MOTO SmartETFs Smart Transportation & Technology ETF 1.0 68 -27 8.5 +1.5
PSI Invesco Dynamic Semiconductors ETF 1.0 56 -15 8.2 +1.3
XSD SPDR S&P Semiconductor ETF 1.0 35 6 8.0 +1.1
PEXL Pacer US Export Leaders ETF 1.0 60 -19 7.6 +0.7
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.0 58 -17 -0.7 -7.6
FSMO Fidelity Small-Mid Cap Opportunities ETF 1.0 64 -23 8.1 +1.2
PBS Invesco Dynamic Media ETF 1.0 63 -22 26.7 +19.7
MOTE VanEck Morningstar ESG Moat ETF 1.0 49 -8 6.9 -0.1
EDUT Global X Education ETF 1.0 50 -9 1.5 -5.5
SDIV Global X SuperDividend ETF 1.0 58 -17 22.8 +15.9
REM iShares Mortgage Real Estate ETF 1.0 48 -7 15.4 +8.4
MORT VanEck Mortgage REIT Income ETF 1.0 41 0 15.1 +8.1
GDIV Harbor Dividend Growth Leaders ETF 0.9 50 -9 7.6 +0.7
IDAT iShares Cloud 5G and Tech ETF 0.9 47 -6 6.7 -0.2
SRVR Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF 0.9 60 -19 5.0 -1.9
BYTE Roundhill IO Digital Infrastructure ETF 0.9 76 -35 4.6 -2.3
VNSE Natixis Vaughan Nelson Select ETF 0.9 80 -39 4.2 -2.8
AVRE Avantis Real Estate ETF 0.9 17 24 6.5 -0.4
BOSS Global X Founder-Run Companies ETF 0.9 45 -4 2.8 -4.1
DGRO iShares Core Dividend Growth ETF 0.9 8 33 8.3 +1.4
PWC Invesco Dynamic Market ETF 0.9 60 -19 7.6 +0.7
FDLO Fidelity Low Volatility Factor ETF 0.9 29 12 6.4 -0.5
EMLP First Trust North American Energy Infrastructure Fund 0.9 95 -54 5.1 -1.9
FLRG Fidelity U.S. Multifactor ETF 0.9 29 12 8.6 +1.6
DTD WisdomTree U.S.Total Dividend Fund 0.9 28 13 7.9 +0.9
SDEI Sound Equity Income ETF 0.9 45 -4 11.1 +4.2
IAK iShares U.S. Insurance ETF 0.9 39 2 8.0 +1.1
VLU SPDR S&P 1500 Value Tilt ETF 0.9 12 29 8.9 +1.9
DFAU Dimensional US Core Equity Market ETF 0.9 12 29 6.7 -0.2
XRT SPDR S&P Retail ETF 0.8 35 6 6.7 -0.3
VICE AdvisorShares Vice ETF 0.8 99 -58 5.9 -1.1
TOKE Cambria Cannabis ETF 0.8 42 -1 -11.9 -18.8
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.8 25 16 8.3 +1.3
IHF iShares U.S. Healthcare Providers ETF 0.8 39 2 6.1 -0.8
SYLD Cambria Shareholder Yield ETF 0.8 59 -18 12.5 +5.6
PRNT The 3D Printing ETF 0.8 66 -25 -3.3 -10.3
FCOM Fidelity MSCI Telecommunication Services Index ETF 0.8 8 33 7.2 +0.2
PKB Invesco Dynamic Building & Construction ETF 0.8 60 -19 12.7 +5.8
ACTV LeaderShares Activist Leaders ETF 0.8 75 -34 12.2 +5.3
GLRY Inspire Faithward Mid Cap Momentum ESG ETF 0.8 80 -39 8.2 +1.3
FLDZ RiverNorth Volition America Patriot ETF 0.8 70 -29 5.9 -1.1
FTHI First Trust High Income ETF 0.8 85 -44 4.9 -2.1
ANEW ProShares MSCI Transformational Changes ETF 0.7 45 -4 5.2 -1.7
PAWZ ProShares Pet Care ETF 0.7 50 -9 4.1 -2.9
SXQG 6 Meridian Quality Growth ETF 0.7 100 -59 5.9 -1.1
FBCV Fidelity Blue Chip Value ETF 0.7 59 -18 7.7 +0.7
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.7 50 -9 8.9 +2.0
GVLU Gotham 1000 Value ETF 0.7 50 -9 11.3 +4.4
DEW WisdomTree Global High Dividend Fund 0.6 58 -17 9.8 +2.9
MOO VanEck Agribusiness ETF 0.6 52 -11 7.3 +0.4
VTHR Vanguard Russell 3000 Index Fund 0.6 10 31 6.4 -0.6
VTI Vanguard Total Stock Market Index Fund 0.6 3 38 6.3 -0.6
SAGP Strategas Global Policy Opportunities ETF 0.6 65 -24 8.1 +1.1
IWV iShares Russell 3000 ETF 0.6 20 21 6.2 -0.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.6 12 29 6.7 -0.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.6 3 38 6.3 -0.7
SCHB Schwab U.S. Broad Market ETF 0.6 3 38 6.4 -0.5
SCHM Schwab U.S. Mid-Cap ETF 0.6 4 37 6.5 -0.5
ESGV Vanguard ESG U.S. Stock ETF 0.6 9 32 6.5 -0.4
FTAG First Trust Indxx Global Agriculture ETF 0.6 70 -29 8.2 +1.3
HOMZ Hoya Capital Housing ETF 0.6 30 11 11.0 +4.1
TMFX Motley Fool Next Index ETF 0.6 50 -9 3.9 -3.1
EBIZ Global X E-Commerce ETF 0.6 50 -9 2.6 -4.4
SCHD Schwab U.S. Dividend Equity ETF 0.6 6 35 9.7 +2.8
DFUS Dimensional U.S. Equity ETF 0.6 11 30 6.6 -0.3
QDEF FlexShares Quality Dividend Defensive Index Fund 0.6 37 4 8.2 +1.2
PRF Invesco FTSE RAFI US 1000 ETF 0.5 39 2 8.2 +1.3
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.5 21 20 4.6 -2.4
PKW Invesco Buyback Achievers ETF 0.5 64 -23 9.6 +2.6
XT iShares Exponential Technologies ETF 0.5 46 -5 4.4 -2.5
SPTM SPDR Portfolio Total Stock Market ETF 0.5 3 38 6.8 -0.1
ERTH Invesco MSCI Sustainable Future ETF 0.5 56 -15 3.4 -3.5
SOXQ Invesco PHLX Semiconductor ETF 0.5 19 22 9.2 +2.3
BUL Pacer US Cash Cows Growth ETF 0.5 60 -19 10.6 +3.6
PICK iShares MSCI Global Metals & Mining Producers ETF 0.5 39 2 12.9 +5.9
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.5 85 -44 5.5 -1.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.4 29 12 8.3 +1.4
IYR iShares U.S. Real Estate ETF 0.4 39 2 6.6 -0.3
TTAC TrimTabs US Free Cash Flow Quality ETF 0.4 59 -18 7.3 +0.3
HART IQ Healthy Hearts ETF 0.4 45 -4 6.2 -0.7
IYG iShares US Financial Services ETF 0.4 39 2 8.7 +1.8
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 0.4 29 12 14.7 +7.8
VT Vanguard Total World Stock ETF 0.4 7 34 7.1 +0.1
IUSV iShares Core S&P U.S. Value ETF 0.3 4 37 7.7 +0.8
GQRE FlexShares Global Quality Real Estate Index Fund 0.3 45 -4 6.9 -0.1
DEIF Sterling Capital Diverse Multi-Manager Active ETF 0.3 65 -24 7.4 +0.5
VEGI iShares MSCI Global Agriculture Producers ETF 0.3 39 2 6.8 -0.1
SMOG VanEck Low Carbon Energy ETF 0.3 55 -14 2.3 -4.6
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.3 46 -5 8.4 +1.4
AGNG Global X Aging Population ETF 0.3 50 -9 4.1 -2.8
OCEN IQ Clean Oceans ETF 0.3 45 -4 7.7 +0.7
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.3 35 6 9.8 +2.8
HAP VanEck Natural Resources ETF 0.3 49 -8 8.4 +1.4
GLIF AGFiQ Global Infrastructure ETF 0.3 45 -4 5.4 -1.6
GRES IQ Global Resources ETF 0.2 30 11 8.9 +1.9
TRFM AAM Transformers ETF 0.2 49 -8 2.6 -4.4
JHMF John Hancock Multifactor Financials ETF 0.2 40 1 8.9 +2.0
QGRO American Century STOXX U.S. Quality Growth ETF 0.2 29 12 5.7 -1.2
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.2 25 16 8.4 +1.4
IYY iShares Dow Jones U.S. ETF 0.2 20 21 6.4 -0.6
ARB AltShares Merger Arbitrage ETF 0.2 67 -26 7.3 +0.3
REZ iShares Residential Real Estate Capped ETF 0.2 48 -7 5.6 -1.4
HDV iShares Core High Dividend ETF 0.2 8 33 9.1 +2.1
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.2 28 13 7.7 +0.8
IUSG iShares Core S&P US Growth ETF 0.2 4 37 6.3 -0.6
JHMT John Hancock Multifactor Technology ETF 0.2 40 1 7.0 +0.1
JHMM John Hancock Multifactor Mid Cap ETF 0.2 41 0 7.8 +0.8
DURA VanEck Morningstar Durable Dividend ETF 0.2 29 12 9.3 +2.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 -6 6.4 -0.5
FPX First Trust US IPO Index Fund 0.1 57 -16 1.7 -5.2
VDNI V-Shares US Leadership Diversity ETF 0.1 29 12 7.0 +0.1
JHMI John Hancock Multifactor Industrials ETF 0.1 40 1 7.4 +0.5
DSI iShares MSCI KLD 400 Social ETF 0.1 25 16 6.7 -0.2
AIEQ AI Powered Equity ETF 0.1 75 -34 -2.5 -9.4
VHT Vanguard Health Care Index Fund 0.1 10 31 6.8 -0.1
FHLC Fidelity MSCI Health Care Index ETF 0.1 8 33 6.7 -0.2
RESP WisdomTree US ESG Fund of Benef Interest 0.1 28 13 7.9 +0.9
IHI iShares U.S. Medical Devices ETF 0.1 39 2 4.9 -2.0
VIRS Pacer BioThreat Strategy ETF 0.1 70 -29 7.7 +0.7
VGT Vanguard Information Technology Index Fund 0.1 10 31 6.4 -0.6
FTEC Fidelity MSCI Information Technology Index ETF 0.1 8 33 6.4 -0.6
IGM iShares Expanded Tech Sector ETF 0.1 40 1 6.1 -0.9
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 30 6.6 -0.4
TMFE Motley Fool Capital Efficiency 100 Index ETF 0.0 50 -9 6.6 -0.4
SCHK Schwab 1000 Index ETF 0.0 5 36 6.5 -0.5
IUS Invesco Strategic US ETF 0.0 19 22 8.2 +1.3
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.0 45 -4 3.7 -3.2
PNQI Invesco NASDAQ Internet ETF 0.0 60 -19 3.5 -3.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 32 6.8 -0.2
VCR Vanguard Consumer Discretionary Index Fund 0.0 10 31 5.5 -1.5
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.0 8 33 5.5 -1.5

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

  2017 2018 2019 2020 2021 2022E 2023E
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
  2021 2022E 2023E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 ProShares Russell 2000 Dividend Growers ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.9 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 41 bp
Equals: ALTAR Score 6.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.59 CATEGORY
AVERAGE		 1.49
 
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.