ProShares Russell 2000 Dividend Growers ETF
ALTAR
Score™		 7.7% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 14.5x P/Sales
ratio		 1.4x
P/BV
ratio		 1.5x Div.
yield		 2.6%


  • 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) $649
Currency USD
Expense ratio 40 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) $2,583
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 57.0%
Small cap (<$2bn) 43.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
WESBANCO INC 2.0 %
OIL-DRI CORP OF AMERICA 1.5 %
CSG SYSTEMS INTL INC 1.3 %
TERRENO REALTY CORP 1.3 %
INSPERITY INC 1.2 %
SPARTANNASH CO 1.2 %
SPIRE, INC. 1.2 %
LANCASTER COLONY CORP 1.2 %
AVISTA CORP 1.2 %
MIDDLESEX WATER CO 1.2 %
Total 13.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.7 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-5.0% 2.7% 7.7% 7.2% 6.9%

Market Correlations
versus... Beta R-squared
S&P500 0.91 53%
MSCI EAFE 0.80 44%
MSCI Emg. Mkts. 0.52 18%

Technical Indicators
Recent close $64.31
30d moving avg. $63.91
Annualized volatility 20.9%
Short interest (ETF) 0.0%
Short interest (Underlying) 3.9%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 27
Turnover 0.3%
Bid/Ask (% of price) 0.09%
ADV underlying (mns) $1,189

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 452 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: 40 bp ALTAR Score™: 7.7%


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
(%)
XSLV Invesco S&P SmallCap Low Volatility ETF 24.9 25 15 8.0 +0.3
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 23.6 35 5 9.9 +2.2
DES WisdomTree U.S. SmallCap Dividend Fund 21.2 38 2 9.9 +2.2
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 18.7 30 10 12.7 +5.0
FLQS Franklin U.S. Small Cap Multifactor Index ETF 16.5 35 5 10.0 +2.3
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 16.3 12 28 7.7 -0.0
PEY Invesco High Yield Equity Dividend Achievers ETF 16.0 52 -12 10.5 +2.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 15.1 39 1 6.2 -1.5
TPSC Timothy Plan US Small Cap Core ETF 14.8 52 -12 7.3 -0.4
TMDV ProShares Russell US Dividend Growers ETF 14.6 35 5 6.5 -1.2
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 14.5 29 11 9.2 +1.5
CSA VictoryShares US Small Cap Volatility Wtd ETF 13.5 35 5 8.1 +0.4
IFRA iShares U.S. Infrastructure ETF 13.4 30 10 6.6 -1.1
QABA First Trust NASDAQ ABA Community Bank Index Fund 13.4 60 -20 9.5 +1.8
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 13.2 80 -40 8.2 +0.5
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 13.2 38 2 10.9 +3.2
ESIX SPDR S&P SmallCap 600 ESG ETF 13.0 12 28 8.9 +1.2
ISMD Inspire Small/Mid Cap ETF 12.9 54 -14 6.4 -1.4
PSCF Invesco S&P SmallCap Financials ETF 12.9 29 11 10.0 +2.3
VTWV Vanguard Russell 2000 Value ETF 12.7 15 25 8.4 +0.7
IWN iShares Russell 2000 Value ETF 12.7 24 16 8.4 +0.7
PSCI Invesco S&P SmallCap Industrials ETF 12.6 29 11 5.9 -1.8
IJS iShares S&P Small-Cap 600 Value ETF 12.6 18 22 10.9 +3.2
SVAL iShares US Small Cap Value Factor ETF 12.5 20 20 11.6 +3.9
XJR iShares ESG Screened S&P Small-Cap ETF 12.2 12 28 7.9 +0.2
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 12.0 29 11 4.7 -3.0
VIOV Vanguard S&P Small-Cap 600 Value ETF 12.0 15 25 10.9 +3.2
SLYV SPDR S&P 600 Small Cap Value ETF 11.9 15 25 10.9 +3.2
XMLV Invesco S&P MidCap Low Volatility ETF 11.8 25 15 7.9 +0.2
IJR iShares Core S&P Small Cap ETF 11.6 6 34 8.3 +0.6
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 11.6 15 25 8.4 +0.7
XSVM Invesco S&P SmallCap Value with Momentum ETF 11.3 36 4 12.8 +5.1
VIOO Vanguard S&P Small-Cap 600 ETF 11.1 10 30 8.3 +0.6
SPSM SPDR Portfolio S&P 600 Small Cap ETF 11.0 3 37 8.3 +0.6
PSC Principal U.S. Small-Cap ETF 11.0 38 2 7.2 -0.5
IJT iShares S&P Small-Cap 600 Growth ETF 10.7 18 22 5.9 -1.8
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 10.6 40 0 7.4 -0.3
KBE SPDR S&P Bank ETF 10.4 35 5 10.3 +2.6
XSHQ Invesco S&P SmallCap Quality ETF 10.3 29 11 8.6 +0.9
ROSC Hartford Multifactor Small Cap ETF 10.3 34 6 10.3 +2.6
VIOG Vanguard S&P Small-Cap 600 Growth ETF 10.2 15 25 5.9 -1.8
SLYG SPDR S&P 600 Small Cap Growth ETF 10.2 15 25 5.9 -1.8
RSSL Global X Russell 2000 ETF 10.2 8 32 4.8 -2.9
VTWO Vanguard Russell 2000 ETF 10.1 10 30 4.9 -2.8
BKSE BNY Mellon US Small Cap Core Equity ETF 10.1 4 36 6.5 -1.2
IWM iShares Russell 2000 ETF 10.1 19 21 4.9 -2.8
SCDV Bahl & Gaynor Small Cap Dividend ETF 9.7 70 -30 4.8 -2.9
STXK Strive Small-Cap ETF 9.6 18 22 6.6 -1.1
FESM Fidelity Enhanced Small Cap ETF 9.3 28 12 8.2 +0.5
KBWR Invesco KBW Regional Banking ETF 9.2 35 5 10.2 +2.5
CGW Invesco S&P Global Water Index ETF 9.2 57 -17 4.7 -3.1
SIXS ETC 6 Meridian Small Cap Equity ETF 9.1 89 -49 10.7 +3.0
KRE SPDR S&P Regional Banking ETF 9.0 35 5 10.7 +3.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 9.0 20 20 6.2 -1.5
FVD First Trust Value Line Dividend Index Fund 9.0 65 -25 6.3 -1.4
FIW First Trust Water ETF 8.6 53 -13 4.9 -2.8
AVSC Avantis U.S Small Cap Equity ETF 8.4 25 15 6.5 -1.2
EES WisdomTree U.S. SmallCap Fund 8.4 38 2 9.6 +1.9
FNDA Schwab Fundamental US Small Co. Index ETF 8.4 25 15 8.5 +0.8
FYT First Trust Small Cap Value AlphaDEX Fund 8.3 73 -33 12.1 +4.4
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 8.2 60 -20 10.2 +2.5
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 8.2 20 20 5.8 -1.9
AQWA Global X Clean Water ETF 8.1 50 -10 5.0 -2.7
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 8.1 9 31 4.8 -2.9
DIV Global X SuperDividend US ETF 7.8 45 -5 12.3 +4.6
VTWG Vanguard Russell 2000 Growth ETF 7.8 15 25 1.5 -6.2
IWO iShares Russell 2000 Growth ETF 7.7 24 16 1.5 -6.2
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 7.7 60 -20 8.5 +0.8
SIXL ETC 6 Meridian Low Beta Equity ETF 7.7 80 -40 6.2 -1.5
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 7.7 48 -8 8.5 +0.8
FYX First Trust Small Cap Core AlphaDEX Fund 7.5 61 -21 6.8 -0.9
FSCS First Trust SMID Capital Strength ETF 7.5 60 -20 7.1 -0.7
EFRA iShares Environmental Infrastructure and Industrials ETF 7.5 47 -7 5.3 -2.4
OSCV Opus Small Cap Value ETF 7.4 79 -39 7.1 -0.6
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 7.4 59 -19 6.5 -1.2
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 7.2 15 25 7.7 -0.1
JSML Janus Henderson Small Cap Growth Alpha ETF 7.2 30 10 8.3 +0.6
SCHA Schwab U.S. Small-Cap ETF 7.2 4 36 6.7 -1.1
PHO Invesco Water Resources ETF 7.2 60 -20 4.7 -3.0
GRPZ Invesco S&P SmallCap 600 GARP ETF 7.2 35 5 11.0 +3.3
WCEO Hypatia Women CEO ETF 7.2 85 -45 5.0 -2.8
AFSM First Trust Active Factor Small Cap ETF 7.1 75 -35 7.8 +0.1
RWJ Invesco S&P SmallCap 600 Revenue ETF 7.0 39 1 10.3 +2.6
USVM VictoryShares US Small Mid Cap Value Momentum ETF 6.9 25 15 8.4 +0.7
PRN Invesco Dorsey Wright Industrials Momentum ETF 6.9 60 -20 3.7 -4.0
DFAS Dimensional U.S. Small Cap ETF 6.8 26 14 7.0 -0.7
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 6.7 39 1 6.9 -0.8
ESML iShares ESG Aware MSCI USA Small-Cap ETF 6.7 17 23 6.3 -1.5
ETHO Etho Climate Leadership U.S. ETF 6.2 47 -7 5.8 -1.9
NUSC Nuveen ESG Small-Cap ETF 6.2 31 9 5.8 -1.9
DFSV Dimensional US Small Cap Value ETF 6.2 31 9 11.2 +3.5
ISCV iShares Morningstar Small Cap Value ETF 5.9 6 34 10.0 +2.3
BSVO EA Bridgeway Omni Small-Cap Value ETF 5.7 47 -7 10.1 +2.4
DFAT Dimensional U.S. Targeted Value ETF 5.6 28 12 10.4 +2.7
AVUV Avantis U.S. Small Cap Value ETF 5.6 25 15 10.9 +3.2
AIRR First Trust RBA American Industrial Renaissance ETF 5.4 70 -30 6.0 -1.7
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 5.4 30 10 7.0 -0.7
RZG Invesco S&P Smallcap 600 Pure Growth ETF 5.4 35 5 4.4 -3.3
ISCB iShares Morningstar Small-Cap ETF 5.3 4 36 6.5 -1.2
FYC First Trust Small Cap Growth AlphaDEX Fund 5.2 71 -31 0.5 -7.2
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 5.2 35 5 7.3 -0.4
IPDP Dividend Performers ETF 5.2 122 -82 5.0 -2.7
PSCC Invesco S&P SmallCap Consumer Staples ETF 5.2 29 11 7.6 -0.1
RZV Invesco S&P Smallcap 600 Pure Value ETF 5.1 35 5 11.7 +4.0
ABLS Abacus FCF Small Cap Leaders ETF 5.0 59 -19 6.3 -1.4
FSMD Fidelity Small-Mid Multifactor ETF 4.9 15 25 7.5 -0.3
ISCG iShares Morningstar Small-Cap Growth ETF 4.9 6 34 3.0 -4.7
XMVM Invesco S&P MidCap Value with Momentum ETF 4.9 39 1 10.2 +2.5
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 4.8 55 -15 4.8 -2.9
FNK First Trust Mid Cap Value AlphaDEX Fund 4.8 70 -30 12.2 +4.5
HAPS Harbor Human Capital Factor US Small Cap ETF 4.8 60 -20 4.4 -3.3
TPYP Tortoise North American Pipeline Fund 4.8 40 0 5.7 -2.0
XSMO Invesco S&P SmallCap Momentum ETF 4.8 39 1 5.9 -1.8
JMEE JPMorgan Market Expansion Enhanced Equity ETF 4.8 24 16 8.3 +0.6
VBR Vanguard Small Cap Value ETF 4.7 7 33 9.7 +2.0
JHSC John Hancock Multifactor Small Cap ETF 4.7 42 -2 7.2 -0.5
WDIV SPDR S&P Global Dividend ETF 4.6 40 0 9.6 +1.9
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 4.6 60 -20 2.2 -5.5
EBLU Ecofin Global Water ESG Fund 4.6 40 0 4.2 -3.5
PSCM Invesco S&P SmallCap Materials ETF 4.6 29 11 14.6 +6.9
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 4.5 55 -15 11.0 +3.3
IJJ iShares S&P Mid-Cap 400 Value ETF 4.5 18 22 9.5 +1.8
MDYV SPDR S&P 400 Mid Cap Value ETF 4.4 15 25 9.5 +1.8
IVOV Vanguard S&P Mid-Cap 400 Value ETF 4.3 15 25 9.5 +1.8
IWTR iShares MSCI Water Management Multisector ETF 4.3 47 -7 6.1 -1.6
RNMC First Trust Mid Cap US Equity Select ETF 4.3 60 -20 6.4 -1.3
FUTY Fidelity MSCI Utilities Index ETF 4.2 8 32 5.4 -2.4
FNX First Trust Mid Cap Core AlphaDEX Fund 4.2 60 -20 8.1 +0.4
FDM First Trust Dow Jones Select MicroCap Index Fund 4.1 60 -20 8.3 +0.6
RFV Invesco S&P Midcap 400 Pure Value ETF 4.1 35 5 14.3 +6.6
BFOR ALPS Barron's 400 ETF 4.0 65 -25 6.2 -1.5
SMCF Themes US Small Cap Cash Flow Champions ETF 4.0 29 11 13.7 +6.0
VPU Vanguard Utilities ETF 4.0 10 30 5.3 -2.4
CVAR Cultivar ETF 3.9 87 -47 7.3 -0.4
LST Leuthold Select Industries ETF 3.9 91 -51 5.7 -2.0
VB Vanguard Small-Cap ETF 3.8 5 35 6.5 -1.2
DON WisdomTree U.S. MidCap Dividend Fund 3.8 38 2 9.2 +1.5
NIXT Research Affiliates Deletions ETF 3.7 9 31 6.0 -1.7
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 3.7 60 -20 6.1 -1.7
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 3.7 7 33 6.5 -1.2
EZM WisdomTree U.S. MidCap Fund 3.6 38 2 9.7 +2.0
VXF Vanguard Extended Market ETF 3.6 6 34 5.1 -2.6
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 3.6 15 25 7.8 +0.1
SMLF iShares U.S. SmallCap Equity Factor ETF 3.5 15 25 6.7 -1.0
SQLV Royce Quant Small-Cap Quality Value ETF 3.4 60 -20 10.4 +2.7
TDV ProShares S&P Technology Dividend Aristocrats ETF 3.4 45 -5 5.7 -2.0
RFDA RiverFront Dynamic US Dividend Advantage ETF 3.3 52 -12 7.1 -0.6
SDY SPDR S&P Dividend ETF 3.2 35 5 6.7 -1.0
MDY SPDR S&P Midcap 400 ETF Trust 3.2 24 16 7.7 -0.0
IJH iShares Core S&P Mid-Cap ETF 3.2 5 35 7.9 +0.2
FNY First Trust Mid Cap Growth AlphaDEX Fund 3.2 70 -30 3.0 -4.8
PSL Invesco Dorsey Wright Consumer Staples Momentum ETF 3.2 60 -20 6.0 -1.7
NVIR Horizon Kinetics Energy and Remediation ETF 3.2 85 -45 6.9 -0.8
RDOG ALPS REIT Dividend Dogs ETF 3.2 35 5 9.2 +1.5
FAB First Trust Multi Cap Value AlphaDEX Fund 3.1 67 -27 10.9 +3.2
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 3.1 3 37 7.9 +0.2
RNSC Furst Trust Small Cap US Equity Select ETF 3.1 60 -20 6.1 -1.6
IVOO Vanguard S&P Mid-Cap 400 ETF 3.1 10 30 7.8 +0.1
RSMC Rockefeller U.S. Small-Mid Cap ETF 3.0 75 -35 5.1 -2.6
ZAP Global X U.S. Electrification ETF 3.0 50 -10 4.5 -3.2
SMAP Amplify Small-Mid Cap Equity ETF 2.9 60 -20 5.8 -1.9
BLDG Cambria Global Real Estate ETF 2.9 60 -20 12.2 +4.5
SRHQ SRH U.S. Quality ETF 2.9 35 5 7.7 0.0
KBWD Invesco KBW High Dividend Yield Financial ETF 2.7 384 -344 14.2 +6.5
VBK Vanguard Small-Cap Growth ETF 2.7 7 33 2.0 -5.7
XJH iShares ESG Screened S&P Mid-Cap ETF 2.7 12 28 7.5 -0.2
SFYX SoFi Next 500 ETF 2.6 0 40 6.0 -1.7
IWC iShares Micro-Cap ETF 2.6 60 -20 -0.7 -8.4
FTRI First Trust Indxx Global Natural Resources Income ETF 2.6 70 -30 8.5 +0.8
DHS WisdomTree U.S. High Dividend Fund 2.5 38 2 8.4 +0.7
MIDE Xtrackers S&P MidCap 400 ESG ETF 2.4 15 25 8.4 +0.7
VFMF Vanguard U.S. Multifactor ETF 2.4 18 22 8.4 +0.7
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 2.4 27 13 7.1 -0.6
DEW WisdomTree Global High Dividend Fund 2.4 58 -18 8.8 +1.1
VRAI Virtus Real Asset Income ETF 2.3 55 -15 10.6 +2.9
BOUT Innovator IBD Breakout Opportunities ETF 2.3 81 -41 3.1 -4.6
CSMD Congress SMid Growth ETF 2.3 69 -29 4.1 -3.6
XMHQ Invesco S&P MidCap Quality ETF 2.3 25 15 7.1 -0.7
PPTY US Diversified Real Estate ETF 2.3 53 -13 7.8 +0.1
IRET iREIT - MarketVector Quality REIT Index ETF 2.2 60 -20 7.7 -0.0
PUI Invesco Dorsey Wright Utilities Momentum ETF 2.2 60 -20 5.4 -2.3
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 2.2 75 -35 8.0 +0.3
CCSO Carbon Collective Climate Solutions US Equity ETF 2.2 35 5 1.2 -6.5
VFVA Vanguard U.S. Value Factor ETF 2.2 13 27 11.9 +4.2
HWAY Themes US Infrastructure ETF 2.1 29 11 6.9 -0.8
VFQY Vanguard U.S. Quality Factor ETF 2.1 13 27 6.6 -1.1
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 2.1 58 -18 -3.3 -11.0
BEEZ Honeytree U.S. Equity ETF 2.1 64 -24 3.6 -4.1
SIMS SPDR S&P Kensho Intelligent Structures ETF 2.1 45 -5 6.6 -1.1
REAI Intelligent Real Estate ETF 2.1 59 -19 13.3 +5.6
ACES ALPS Clean Energy ETF 2.1 55 -15 -3.6 -11.3
RIET Hoya Capital High Dividend Yield ETF 2.0 50 -10 46.5 +38.8
KBWY Invesco KBW Premium Yield Equity REIT ETF 2.0 35 5 9.8 +2.1
IJK iShares S&P Mid-Cap 400 Growth ETF 2.0 17 23 6.2 -1.5
FAD First Trust Multi Cap Growth AlphaDEX Fund 2.0 64 -24 2.4 -5.3
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 2.0 60 -20 7.2 -0.5
ECML Euclidean Fundamental Value ETF 2.0 95 -55 13.6 +5.9
CNRG SPDR S&P Kensho Clean Power ETF 2.0 45 -5 0.7 -7.0
ECLN First Trust EIP Carbon Impact ETF 2.0 96 -56 4.1 -3.6
RWK Invesco S&P MidCap 400 Revenue ETF 1.9 39 1 10.1 +2.4
DSMC Distillate Small/Mid Cash Flow ETF 1.9 55 -15 14.2 +6.5
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 1.9 15 25 6.2 -1.5
HAUS Residential REIT ETF 1.9 60 -20 5.3 -2.4
MDYG SPDR S&P 400 Mid Cap Growth ETF 1.9 15 25 6.2 -1.5
PAVE Global X U.S. Infrastructure Development ETF 1.9 47 -7 5.9 -1.8
SURE AdvisorShares Insiders Advantage ETF 1.9 90 -50 10.2 +2.5
RDIV Invesco S&P Ultra Dividend Revenue ETF 1.9 39 1 11.1 +3.4
SFLO VictoryShares Small Cap Free Cash Flow ETF 1.9 49 -9 12.8 +5.1
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 1.8 95 -55 0.6 -7.1
EMLP First Trust North American Energy Infrastructure Fund 1.7 95 -55 5.4 -2.3
AFMC First Trust Active Factor Mid Cap ETF 1.7 65 -25 9.0 +1.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.7 56 -16 12.1 +4.4
ABLD Abacus FCF Real Assets Leaders ETF 1.7 69 -29 6.9 -0.8
GQRE FlexShares Global Quality Real Estate Index Fund 1.7 45 -5 7.8 +0.1
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 1.7 25 15 6.1 -1.6
FDLS Inspire Fidelis Multi Factor ETF 1.6 76 -36 5.2 -2.5
VAMO Cambria Value & Momentum ETF 1.6 61 -21 6.8 -0.9
FTXO First Trust Nasdaq Bank ETF 1.6 60 -20 9.6 +1.9
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 1.6 46 -6 5.4 -2.3
FFSM Fidelity Fundamental Small-Mid Cap ETF 1.6 43 -3 6.5 -1.2
XMMO Invesco S&P MidCap Momentum ETF 1.6 34 6 5.7 -2.1
PAWZ ProShares Pet Care ETF 1.5 50 -10 3.6 -4.1
QQQS Invesco NASDAQ Future Gen 200 ETF 1.5 20 20 -3.7 -11.4
FDL First Trust Morningstar Dividend Leaders Index Fund 1.5 45 -5 9.6 +1.9
HOMZ Hoya Capital Housing ETF 1.5 30 10 9.3 +1.6
WBIY WBI Power Factor High Dividend ETF 1.5 100 -60 17.7 +10.0
UTES Virtus Reaves Utilities ETF 1.5 49 -9 4.1 -3.6
DVY iShares Select Dividend ETF 1.5 38 2 9.6 +1.9
RWR SPDR Dow Jones REIT ETF 1.4 25 15 7.5 -0.2
FTXR First Trust Nasdaq Transportation ETF 1.4 60 -20 9.8 +2.1
FIDU Fidelity MSCI Industrial Index ETF 1.4 8 32 4.6 -3.1
RFG Invesco S&P Midcap 400 Pure Growth ETF 1.4 35 5 5.5 -2.2
FMAT Fidelity MSCI Materials Index ETF 1.3 8 32 6.6 -1.2
SIXG Defiance Connective Technologies ETF 1.3 30 10 4.3 -3.4
FLDZ RiverNorth Patriot ETF 1.3 75 -35 6.0 -1.7
REZ iShares Residential and Multisector Real Estate ETF 1.3 48 -8 6.2 -1.5
FPRO Fidelity Real Estate Investment ETF 1.3 59 -19 6.4 -1.3
BYRE Principal Real Estate Active Opportunities ETF 1.3 65 -25 6.3 -1.4
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 1.3 60 -20 5.9 -1.8
INDS Pacer Industrial Real Estate ETF 1.3 55 -15 6.7 -1.0
SPRE SP Funds S&P Global REIT Sharia ETF 1.3 55 -15 6.0 -1.7
MADE iShares U.S. Manufacturing ETF 1.2 40 0 5.4 -2.3
VAW Vanguard Materials ETF 1.2 10 30 6.6 -1.1
VIS Vanguard Industrials ETF 1.2 10 30 4.8 -2.9
FRI First Trust S&P REIT Index Fund 1.2 50 -10 7.3 -0.4
DTD WisdomTree U.S. Total Dividend Fund 1.2 28 12 6.6 -1.1
USRT iShares Core U.S. REIT ETF 1.2 8 32 7.7 +0.0
KOMP SPDR S&P Kensho New Economies Composite ETF 1.2 20 20 3.6 -4.1
DFAC Dimensional U.S. Core Equity 2 ETF 1.2 17 23 5.9 -1.8
CALF Pacer US Small Cap Cash Cows 100 ETF 1.2 59 -19 11.9 +4.2
EBI Longview Advantage ETF 1.1 35 5 7.0 -0.7
RNEW VanEck Green Infrastructure ETF 1.1 45 -5 -1.6 -9.3
FSTA FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF 1.1 8 32 5.5 -2.2
DFAR Dimensional US Real Estate ETF 1.1 19 21 7.9 +0.2
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 1.1 11 29 7.8 +0.1
VFMO Vanguard U.S. Momentum Factor ETF 1.1 13 27 3.2 -4.5
DEEP Roundhill Acquirers Deep Value ETF 1.1 80 -40 19.2 +11.5
ARB AltShares Merger Arbitrage ETF 1.1 77 -37 3.9 -3.8
GDIV Harbor Dividend Growth Leaders ETF 1.1 50 -10 5.4 -2.3
KBWP Invesco KBW Property & Casualty Insurance ETF 1.1 35 5 6.3 -1.4
MOTO SmartETFs Smart Transportation & Technology ETF 1.1 68 -28 7.7 +0.0
PSI Invesco Semiconductors ETF 1.1 57 -17 5.4 -2.3
XSD SPDR S&P Semiconductor ETF 1.1 35 5 4.4 -3.3
COPY Tweedy, Browne Insider + Value ETF 1.1 80 -40 12.5 +4.8
SRET Global X SuperDividend REIT ETF 1.1 59 -19 12.5 +4.8
NETL NETLease Corporate Real Estate ETF 1.1 60 -20 8.3 +0.6
TOKE Cambria Cannabis ETF 1.1 42 -2 -0.3 -8.0
URAN Themes Uranium & Nuclear ETF 1.1 35 5 2.0 -5.7
VOLT Tema Electrification ETF 1.1 75 -35 3.0 -4.7
SMOT VanEck Morningstar SMID Moat ETF 1.1 49 -9 7.1 -0.6
RUNN Running Oak Efficient Growth ETF 1.1 58 -18 4.9 -2.8
BLLD JPMorgan Sustainable Infrastructure ETF 1.1 49 -9 6.2 -1.5
TAN Invesco Solar ETF 1.1 67 -27 8.7 +1.0
VFMV Vanguard U.S. Minimum Volatility ETF 1.1 13 27 5.7 -2.0
AVES Avantis Emerging Markets Value ETF 1.0 36 4 12.0 +4.3
EVX VanEck Environmental Services ETF 1.0 55 -15 2.3 -5.4
SCHH Schwab U.S. REIT ETF 1.0 7 33 8.0 +0.3
SNSR Global X Internet of Things ETF 1.0 68 -28 4.8 -2.9
ERTH Invesco MSCI Sustainable Future ETF 1.0 62 -22 3.6 -4.1
PSCT Invesco S&P SmallCap Information Technology ETF 1.0 29 11 5.8 -1.9
AMID Argent Mid Cap ETF Argent Mid Cap ETF 1.0 52 -12 6.4 -1.3
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF 1.0 65 -25 5.2 -2.5
VDC Vanguard Consumer Staples ETF 1.0 10 30 5.5 -2.2
FREL Fidelity MSCI Real Estate Index ETF 1.0 8 32 7.6 -0.1
AVSU Avantis Responsible U.S. Equity ETF 1.0 15 25 6.4 -1.3
BOTT Themes Robotics & Automation ETF 1.0 35 5 5.1 -2.6
CWS AdvisorShares Focused Equity ETF 1.0 84 -44 4.9 -2.9
XTL SPDR S&P Telecom ETF 1.0 35 5 2.7 -5.1
PFM Invesco Dividend Achievers ETF 1.0 53 -13 5.5 -2.2
ROKT SPDR S&P Kensho Final Frontiers ETF 1.0 45 -5 2.1 -5.6
AVUS Avantis U.S. Equity ETF 1.0 15 25 6.2 -1.5
IHF iShares U.S. Healthcare Providers ETF 1.0 40 0 8.0 +0.3
XHS SPDR S&P Health Care Services ETF 1.0 35 5 3.6 -4.1
CCNR ALPS CoreCommodity Natural Resources ETF 1.0 39 1 12.0 +4.3
IVEG iShares Emergent Food and AgTech Multisector ETF 1.0 47 -7 9.0 +1.3
VNQ Vanguard Real Estate ETF 1.0 12 28 7.5 -0.3
SUPL ProShares Supply Chain Logistics ETF 1.0 58 -18 11.0 +3.3
XTN SPDR S&P Transportation ETF 1.0 35 5 6.0 -1.7
BOAT SonicShares Global Shipping ETF 1.0 69 -29 28.1 +20.4
SYLD Cambria Shareholder Yield ETF 1.0 59 -19 12.4 +4.7
ZIG Acquirers Fund 1.0 84 -44 21.8 +14.1
PSR Invesco Active U.S. Real Estate Fund 1.0 35 5 7.3 -0.4
DFUV Dimensional US Marketwide Value ETF 1.0 22 18 8.2 +0.5
RWO SPDR Dow Jones Global Real Estate ETF 1.0 50 -10 7.0 -0.7
KCE SPDR S&P Capital Markets ETF 1.0 35 5 6.1 -1.6
DCOR Dimensional US Core Equity 1 ETF 0.9 14 26 5.7 -2.0
PKB Invesco Building & Construction ETF 0.9 62 -22 4.8 -2.9
AZTD Aztlan Global Stock Selection DM SMID ETF 0.9 75 -35 8.1 +0.4
VUSE Vident U.S. Equity Strategy ETF 0.9 50 -10 4.6 -3.1
MORT VanEck Mortgage REIT Income ETF 0.9 43 -3 54.4 +46.7
REM iShares Mortgage Real Estate ETF 0.9 48 -8 64.6 +56.9
TAX Cambria Tax Aware ETF 0.9 49 -9 5.3 -2.4
IAT iShares U.S. Regional Banks ETF 0.9 40 0 10.3 +2.6
TTAC FCF US Quality ETF 0.9 59 -19 6.3 -1.4
MAKX ProShares S&P Kensho Smart Factories ETF 0.9 58 -18 2.8 -4.9
BUL Pacer US Cash Cows Growth ETF 0.9 60 -20 6.4 -1.3
RSHO Tema American Reshoring ETF 0.9 75 -35 5.0 -2.7
SWP SWP Growth & Income ETF 0.9 99 -59 4.5 -3.2
IQRA IQ CBRE Real Assets ETF 0.9 65 -25 5.7 -2.0
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.9 5 35 8.3 +0.6
DFSU Dimensional US Sustainability Core 1 ETF 0.9 18 22 5.7 -2.0
PSCH Invesco S&P SmallCap Health Care ETF 0.9 29 11 4.4 -3.3
XHE SPDR S&P Health Care Equipment ETF 0.9 35 5 3.0 -4.7
PDP Invesco Dorsey Wright Momentum ETF 0.9 62 -22 3.8 -3.9
XME SPDR S&P Metals & Mining ETF 0.9 35 5 9.7 +2.0
OCEN IQ Clean Oceans ETF 0.9 45 -5 6.6 -1.1
DRIV Global X Autonomous & Electric Vehicles ETF 0.9 68 -28 6.9 -0.8
FTAG First Trust Indxx Global Agriculture ETF 0.9 70 -30 8.5 +0.8
REET iShares Global REIT ETF 0.8 14 26 7.5 -0.2
PBD Invesco Global Clean Energy ETF 0.8 75 -35 0.5 -7.2
HAIL SPDR S&P Kensho Smart Mobility ETF 0.8 45 -5 2.7 -5.0
ICAP InfraCap Equity Income Fund ETF 0.8 171 -131 7.2 -0.5
TRFM AAM Transformers ETF 0.8 49 -9 1.8 -6.0
CVY Invesco Zacks Multi-Asset Income ETF 0.8 106 -66 12.6 +4.9
HKND Humankind US Stock ETF 0.8 11 29 7.5 -0.2
SCHM Schwab U.S. Mid-Cap ETF 0.8 4 36 7.1 -0.6
EIPI FT Energy Income Partners Enhanced Income ETF 0.8 110 -70 6.4 -1.3
QOWZ Invesco Nasdaq Free Cash Flow Achievers ETF 0.8 39 1 3.9 -3.8
FNCL Fidelity MSCI Financials Index ETF 0.8 8 32 6.5 -1.2
VIG Vanguard Dividend Appreciation ETF 0.8 6 34 5.8 -1.9
DFGR Dimensional Global Real Estate ETF 0.8 22 18 7.4 -0.3
VLU SPDR S&P 1500 Value Tilt ETF 0.8 12 28 7.9 +0.2
CGDG Capital Group Dividend Growers ETF 0.7 47 -7 6.3 -1.4
GVLU Gotham 1000 Value ETF 0.7 50 -10 9.3 +1.6
VEGI iShares MSCI Agriculture Producers ETF 0.7 39 1 8.7 +1.0
VFH Vanguard Financials ETF 0.7 10 30 6.6 -1.1
NURE Nuveen Short-Term REIT ETF 0.7 35 5 7.8 +0.1
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.7 79 -39 5.2 -2.5
VYM Vanguard High Dividend Yield Index ETF 0.7 6 34 7.5 -0.2
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.7 15 25 6.3 -1.4
SDIV Global X Superdividend ETF 0.7 58 -18 42.4 +34.7
STXM Strive Mid-Cap ETF 0.7 18 22 6.6 -1.1
ROUS Hartford Multifactor US Equity ETF 0.7 19 21 7.3 -0.4
AVRE Avantis Real Estate ETF 0.7 17 23 7.1 -0.6
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.7 4 36 6.5 -1.2
AGNG Global X Aging Population ETF 0.7 50 -10 4.9 -2.8
QLV FlexShares US Quality Low Volatility Index Fund 0.7 22 18 5.7 -2.0
SXQG ETC 6 Meridian Quality Growth ETF 0.7 100 -60 4.5 -3.2
IYT iShares US Transportation ETF 0.6 40 0 5.5 -2.2
FNDB Schwab Fundamental US Broad Market Index ETF 0.6 25 15 7.6 -0.1
JSTC Adasina Social Justice All Cap Global ETF 0.6 89 -49 4.5 -3.2
TEMP JPMorgan Climate Change Solutions ETF 0.6 49 -9 5.9 -1.8
ERET iShares Environmentally Aware Real Estate ETF 0.6 30 10 7.4 -0.3
THRO iShares U.S. Thematic Rotation Active ETF 0.6 90 -50 4.2 -3.5
DFAU Dimensional US Core Equity Market ETF 0.5 12 28 5.4 -2.3
FELV Fidelity Enhanced Large Cap Value ETF 0.5 18 22 7.0 -0.7
SMOG VanEck Low Carbon Energy ETF 0.5 61 -21 1.6 -6.1
DGRO iShares Core Dividend Growth ETF 0.5 8 32 6.7 -1.0
AUSF Global X Adaptive U.S. Factor ETF 0.5 27 13 9.5 +1.8
CZA Invesco Zacks Mid-Cap ETF 0.5 72 -32 6.6 -1.1
HLGE Hartford Longevity Economy ETF 0.5 44 -4 6.5 -1.2
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.5 50 -10 6.0 -1.7
ITB iShares U.S. Home Construction ETF 0.5 40 0 13.2 +5.5
GOP Unusual Whales Subversive Republican Trading ETF 0.4 50 -10 6.2 -1.5
FTXG First Trust Nasdaq Food & Beverage ETF 0.4 60 -20 6.8 -0.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.4 3 37 5.2 -2.5
SCHB Schwab U.S. Broad Market ETF 0.4 3 37 5.3 -2.4
VTI Vanguard Total Stock Market ETF 0.4 3 37 5.2 -2.5
JHMM John Hancock Multifactor Mid Cap ETF 0.4 42 -2 6.7 -1.0
QGRO American Century U.S. Quality Growth ETF 0.4 29 11 3.6 -4.1
VTHR Vanguard Russell 3000 ETF 0.4 10 30 5.2 -2.5
DFUS Dimensional U.S. Equity ETF 0.4 9 31 5.1 -2.6
IWV iShares Russell 3000 ETF 0.4 20 20 5.1 -2.6
FCPI Fidelity Stocks for Inflation ETF 0.4 15 25 7.7 -0.0
FCOM Fidelity MSCI Communication Services Index ETF 0.4 8 32 5.0 -2.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.4 29 11 6.7 -1.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.4 21 19 4.1 -3.7
PRF Invesco FTSE RAFI US 1000 ETF 0.4 39 1 7.2 -0.5
DURA VanEck Durable High Dividend ETF 0.4 29 11 8.9 +1.2
RITA ETFB Green SRI REITs ETF 0.4 50 -10 6.2 -1.5
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.4 3 37 5.5 -2.2
TXS Texas Capital Texas Equity Index ETF 0.4 49 -9 5.9 -1.8
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 0.4 29 11 11.3 +3.6
SCHD Schwab US Dividend Equity ETF 0.4 6 34 10.1 +2.4
LCLG Logan Capital Broad Innovative Growth ETF 0.4 99 -59 4.3 -3.4
OPTZ Optimize Strategy Index ETF 0.3 50 -10 5.3 -2.5
FMDE Fidelity Enhanced Mid Cap ETF 0.3 23 17 6.1 -1.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.3 12 28 4.8 -3.0
ESGV Vanguard ESG U.S. Stock ETF 0.3 9 31 5.0 -2.7
VOX Vanguard Communication Services ETF 0.3 10 30 5.0 -2.7
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.3 46 -6 10.7 +3.0
IAK iShares U.S. Insurance ETF 0.3 40 0 6.5 -1.2
LQPE PEO AlphaQuest Thematic PE ETF 0.3 125 -85 6.8 -0.9
FELC Fidelity Enhanced Large Cap Core ETF 0.3 18 22 5.5 -2.2
HYDR Global X Hydrogen ETF 0.3 50 -10 -7.7 -15.4
APUE ActivePassive U.S. Equity ETF 0.3 45 -5 5.0 -2.7
IUSV iShares Core S&P US Value ETF 0.2 4 36 6.8 -0.9
VT Vanguard Total World Stock ETF 0.2 7 33 6.2 -1.5
BLES Inspire Global Hope ETF 0.2 61 -21 7.0 -0.7
EIPX FT Energy Income Partners Strategy ETF 0.2 95 -55 8.0 +0.3
PTL Inspire 500 ETF 0.2 9 31 5.6 -2.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 -7 5.7 -2.0
QDF FlexShares Quality Dividend Index Fund 0.2 37 3 6.6 -1.1
SHPP Pacer Industrials and Logistics ETF 0.2 60 -20 8.4 +0.7
SAGP Strategas Global Policy Opportunities ETF 0.2 65 -25 5.4 -2.3
PRNT 3D Printing ETF 0.2 66 -26 1.5 -6.3
FTEC Fidelity MSCI Information Technology Index ETF 0.2 8 32 4.4 -3.3
IHI iShares U.S. Medical Devices ETF 0.2 40 0 3.8 -3.9
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.2 15 25 5.2 -2.5
HDV iShares Core High Dividend ETF 0.2 8 32 7.0 -0.7
VGT Vanguard Information Technology ETF 0.2 10 30 4.4 -3.3
VHT Vanguard Health Care ETF 0.2 10 30 6.3 -1.4
ANEW ProShares MSCI Transformational Changes ETF 0.2 45 -5 6.3 -1.4
DGRW WisdomTree US Quality Dividend Growth Fund 0.2 28 12 5.8 -2.0
VALQ American Century U.S. Quality Value ETF 0.2 29 11 7.9 +0.2
PICK iShares MSCI Global Metals & Mining Producers ETF 0.2 39 1 14.1 +6.4
DIVB iShares Core Dividend ETF 0.2 5 35 8.0 +0.3
FHLC Fidelity MSCI Health Care Index ETF 0.2 8 32 6.5 -1.2
BULD Pacer BlueStar Engineering the Future ETF 0.1 60 -20 1.7 -6.0
SCHK Schwab 1000 Index ETF 0.1 5 35 5.3 -2.4
STXV Strive 1000 Value ETF 0.1 18 22 8.4 +0.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 31 6.1 -1.6
IYY iShares Dow Jones U.S. ETF 0.1 20 20 5.1 -2.6
NANR SPDR S&P North American Natural Resources ETF 0.1 35 5 8.8 +1.1
PKW Invesco Buyback Achievers ETF 0.1 62 -22 7.8 +0.1
IUSG iShares Core S&P U.S. Growth ETF 0.1 4 36 4.4 -3.3
DSI iShares MSCI KLD 400 Social ETF 0.1 25 15 5.1 -2.6
STXD Strive 1000 Dividend Growth ETF 0.1 35 5 5.1 -2.7
GINN Goldman Sachs Innovate Equity ETF 0.1 52 -12 4.2 -3.5
IYG iShares US Financial Services ETF 0.1 40 0 5.6 -2.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 29 5.2 -2.5
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 15 7.5 -0.2
IGM iShares Expanded Tech Sector ETF 0.1 41 -1 4.2 -3.5
LRGF iShares U.S. Equity Factor ETF 0.1 8 32 5.8 -1.9
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -20 5.0 -2.8
FELG Fidelity Enhanced Large Cap Growth ETF 0.1 18 22 5.0 -2.7
IUS Invesco RAFI Strategic US ETF 0.1 19 21 7.0 -0.7
IEDI iShares U.S. Consumer Focused ETF 0.1 18 22 5.3 -2.4
STXG Strive 1000 Growth ETF 0.1 18 22 4.1 -3.6
AVLV Avantis U.S. Large Cap Value ETF 0.0 15 25 8.2 +0.5
JHML John Hancock Multifactor Large Cap ETF 0.0 29 11 5.6 -2.1
VCR Vanguard Consumer Discretionary ETF 0.0 10 30 4.7 -3.0

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

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.8 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 40 bp
Equals: ALTAR Score 7.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.62 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.