Themes Cybersecurity ETF
ALTAR
Score™		 1.7% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 40.6x P/Sales
ratio		 5.0x
P/BV
ratio		 6.4x Div.
yield		 -0.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
SPAM seeks to track a concentrated index of stocks from developed markets that derive their revenues from digital security software. Stocks are weighted based on market capitalization.

FUND BASICS
Category Global Equities
Fund Sponsor
Website themesetfs.com/etfs/SPAM/
Inception date Dec 08, 2023
Assets (mns) $2
Currency USD
Expense ratio 35 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 30
Wgt avg mkt cap (mns) $19,275
Large cap (>$10bn) 43.1%
Mid cap ($2-10bn) 39.6%
Small cap (<$2bn) 17.3%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
OKTA, INC. CLASS A 5.9 %
TREND MICRO INC 5.6 %
CHECK POINT SOFTWARE TECH 5.5 %
RESEARCH IN MOTION 4.7 %
ZSCALER, INC. 4.7 %
PALO ALTO NETWORKS INC 4.7 %
FORTINET INC 4.5 %
CYBERARK SOFTWARE LTD. 4.4 %
CROWDSTRIKE HOLDINGS, INC. CLASS A 4.4 %
ALARM.COM HOLDINGS INC 4.3 %
Total 48.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 65.7 %
ISRAEL 11.7 %
JAPAN 7.7 %
CANADA 4.2 %
AUSTRALIA 3.5 %
DENMARK 3.1 %
CHINA 2.7 %
BRITAIN 0.2 %



HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
3.0% 6.1% -- -- 15.9%

Market Correlations
versus... Beta R-squared
S&P500 1.00 64%
MSCI EAFE 0.34 10%
MSCI Emg. Mkts. 0.44 9%

Technical Indicators
Recent close $28.84
30d moving avg. $30.40
Annualized volatility 13.4%
Short interest (ETF) 2.9%
Relative strength (RSI) 44

Liquidity measures
Avg. volume (thou.) 1
Turnover 1.7%
Bid/Ask (% of price) 0.40%
ADV underlying (mns) $3,153

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 626 potential alternatives to the Themes Cybersecurity ETF ETF based on the alternatives' overlap in portfolio holdings with SPAM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SPAM Expense: 35 bp ALTAR Score™: 1.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SPAM
Ticker Fund
Name		 Overlap1
vs SPAM
(%)		 Expense
ratio
(bp)		 Savings
vs SPAM
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs SPAM
(%)
IHAK iShares Cybersecurity & Tech ETF 72.6 47 -12 3.8 +2.1
BUG Global X Cybersecurity ETF 62.2 51 -16 2.8 +1.1
WCBR WisdomTree Cybersecurity Fund 52.8 45 -10 1.9 +0.2
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 49.4 60 -25 3.0 +1.3
CIBR First Trust NASDAQ Cybersecurity ETF 40.0 60 -25 4.2 +2.5
FITE SPDR S&P Kensho Future Security ETF 23.3 45 -10 2.8 +1.2
WFH Direxion Work From Home ETF 19.0 45 -10 4.8 +3.1
ITEQ BlueStar Israel Technology ETF 17.1 75 -40 2.1 +0.4
TRFK Pacer Data and Digital Revolution ETF 16.0 60 -25 3.9 +2.2
CLOD Themes Cloud Computing ETF 15.9 35 0 2.1 +0.5
XDAT Franklin Exponential Data ETF 14.4 50 -15 2.1 +0.5
LRNZ TrueShares Technology, AI & Deep Learning ETF 13.4 69 -34 0.0 -1.7
XITK SPDR FactSet Innovative Technology ETF 13.3 45 -10 0.5 -1.1
WCLD WisdomTree Cloud Computing Fund 12.5 45 -10 1.6 -0.1
QQQG Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF 11.8 49 -14 2.2 +0.5
ISRA VanEck Israel ETF 11.7 59 -24 7.8 +6.1
CLOU Global X Cloud Computing ETF 11.6 68 -33 1.9 +0.2
IGV iShares Expanded Tech-Software Sector ETF 11.1 41 -6 3.1 +1.4
DTEC ALPS Disruptive Technologies ETF 11.0 50 -15 4.0 +2.4
EIS iShares MSCI Israel ETF 10.2 58 -23 8.6 +6.9
TECB iShares U.S. Tech Breakthrough Multisector ETF 9.7 40 -5 4.0 +2.3
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 9.6 57 -22 4.3 +2.7
XSW SPDR S&P Software & Services ETF 9.3 35 0 2.0 +0.3
TMAT Main Thematic Innovation ETF 8.3 164 -129 -1.5 -3.2
KNCT Invesco Next Gen Connectivity ETF 8.0 40 -5 5.1 +3.4
ABFL Abacus FCF Leaders ETF 7.8 59 -24 5.8 +4.2
OGIG ALPS O'Shares Global Internet Giants ETF 7.4 48 -13 1.9 +0.2
DTCR Global X Data Center & Digital Infrastructure ETF 7.4 50 -15 1.7 +0.1
DFNV Donoghue Forlines Innovation ETF 7.1 69 -34 5.1 +3.5
AMID Argent Mid Cap ETF Argent Mid Cap ETF 6.7 52 -17 6.9 +5.2
FDTX Fidelity Disruptive Technology ETF 6.4 50 -15 3.0 +1.4
SPRX Spear Alpha ETF 6.4 75 -40 -0.0 -1.7
DRUP GraniteShares Nasdaq Select Disruptors ETF 6.3 60 -25 4.5 +2.8
AADR AdvisorShares Dorsey Wright ADR ETF 6.1 110 -75 5.1 +3.4
GRNY Fundstrat Granny Shots US Large Cap ETF 5.9 75 -40 3.7 +2.1
IZRL ARK Israel Innovative Technology ETF 5.7 49 -14 1.4 -0.3
PRAY FIS Christian Stock Fund 5.5 69 -34 5.5 +3.8
AIS VistaShares Artificial Intelligence Supercycle ETF 5.4 75 -40 4.6 +3.0
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 5.4 49 -14 4.7 +3.0
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 5.3 20 15 4.5 +2.8
FXL First Trust Technology AlphaDEX Fund 5.2 61 -26 5.8 +4.1
QGRO American Century U.S. Quality Growth ETF 5.2 29 6 3.8 +2.2
FDLS Inspire Fidelis Multi Factor ETF 5.1 76 -41 5.8 +4.1
GTEK Goldman Sachs Future Tech Leaders Equity ETF 5.1 75 -40 3.5 +1.8
RJMG FT Raymond James Multicap Growth Equity ETF 5.0 85 -50 2.6 +0.9
PTF Invesco Dorsey Wright Technology Momentum ETF 5.0 60 -25 -0.2 -1.8
XT iShares Exponential Technologies ETF 5.0 46 -11 5.5 +3.8
QNXT iShares Nasdaq-100 ex Top 30 ETF 5.0 20 15 4.5 +2.8
RSPT Invesco S&P 500 Equal Weight Technology ETF 4.8 40 -5 6.2 +4.6
USSE Segall Bryant & Hamill Select Equity ETF 4.7 65 -30 4.4 +2.7
BUL Pacer US Cash Cows Growth ETF 4.7 60 -25 6.7 +5.1
WTAI WisdomTree Artificial Intelligence and Innovation Fund 4.7 45 -10 3.5 +1.8
BRIF FIS Bright Portfolios Focused Equity ETF 4.7 65 -30 4.9 +3.2
XPND First Trust Expanded Technology ETF 4.5 65 -30 4.3 +2.6
FTGS First Trust Growth Strength ETF 4.5 60 -25 5.6 +3.9
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 4.5 79 -44 5.2 +3.6
PSCT Invesco S&P SmallCap Information Technology ETF 4.5 29 6 6.0 +4.4
TOGA Tremblant Global ETF 4.5 69 -34 2.5 +0.8
CSMD Congress SMid Growth ETF 4.4 69 -34 4.2 +2.6
BCDF Horizon Kinetics Blockchain Development ETF 4.4 85 -50 4.5 +2.8
RPG Invesco S&P 500 Pure Growth ETF 4.4 35 0 3.6 +2.0
TMFS Motley Fool Small-Cap Growth ETF 4.3 85 -50 3.1 +1.4
TXS Texas Capital Texas Equity Index ETF 4.3 49 -14 5.1 +3.4
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 4.1 58 -23 4.3 +2.7
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 4.1 35 0 4.5 +2.9
TTAC FCF US Quality ETF 4.0 59 -24 6.1 +4.4
QQQJ Invesco NASDAQ Next Gen 100 ETF 3.9 15 20 5.7 +4.0
PTEC Global X PropTech ETF 3.9 50 -15 2.5 +0.8
SRVR Pacer Data & Infrastructure Real Estate ETF 3.8 55 -20 1.1 -0.6
LST Leuthold Select Industries ETF 3.7 91 -56 6.1 +4.4
TRFM AAM Transformers ETF 3.7 49 -14 1.9 +0.2
NBDS Neuberger Berman Disrupters ETF 3.6 55 -20 1.0 -0.7
OPTZ Optimize Strategy Index ETF 3.6 50 -15 5.3 +3.6
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 3.5 95 -60 0.7 -1.0
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 3.4 65 -30 3.5 +1.8
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 3.4 59 -24 6.1 +4.4
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 3.4 75 -40 3.5 +1.8
SKYY First Trust Cloud Computing ETF 3.3 60 -25 3.3 +1.6
KOMP SPDR S&P Kensho New Economies Composite ETF 3.3 20 15 3.7 +2.0
CZA Invesco Zacks Mid-Cap ETF 3.2 72 -37 5.9 +4.2
TMFM Motley Fool Mid-Cap Growth ETF 3.1 85 -50 3.7 +2.0
SPGP Invesco S&P 500 GARP ETF 3.1 34 1 9.6 +7.9
XLK Technology Select Sector SPDR Fund 3.1 8 27 5.3 +3.6
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 3.0 60 -25 5.7 +4.0
SIMS SPDR S&P Kensho Intelligent Structures ETF 3.0 45 -10 7.7 +6.0
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF 3.0 65 -30 5.0 +3.3
QOWZ Invesco Nasdaq Free Cash Flow Achievers ETF 3.0 39 -4 4.1 +2.4
FPX First Trust US Equity Opportunities ETF 2.9 61 -26 1.3 -0.4
NANC Unusual Whales Subversive Democratic Trading ETF 2.9 75 -40 4.2 +2.5
SRHQ SRH U.S. Quality ETF 2.8 35 0 7.6 +5.9
XNTK SPDR NYSE Technology ETF 2.8 35 0 4.4 +2.7
IYW iShares U.S. Technology ETF 2.8 40 -5 4.6 +3.0
CHGX AXS Change Finance ESG ETF 2.8 49 -14 5.3 +3.7
VGT Vanguard Information Technology ETF 2.8 10 25 4.7 +3.0
ACTV LeaderShares Activist Leaders ETF 2.8 75 -40 5.3 +3.6
IETC iShares U.S. Tech Independence Focused ETF 2.7 18 17 4.7 +3.0
FTEC Fidelity MSCI Information Technology Index ETF 2.7 8 27 4.7 +3.0
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 2.7 65 -30 4.1 +2.4
MDCP VictoryShares THB Mid Cap ESG ETF 2.7 55 -20 5.6 +3.9
BIBL Inspire 100 ETF 2.7 35 0 4.7 +3.0
NUMG Nuveen ESG Mid-Cap Growth ETF 2.7 31 4 2.6 +0.9
LRGE ClearBridge Large Cap Growth ESG ETF 2.6 59 -24 4.0 +2.3
IGM iShares Expanded Tech Sector ETF 2.6 41 -6 4.6 +2.9
HLGE Hartford Longevity Economy ETF 2.6 44 -9 5.5 +3.9
QQMG Invesco ESG NASDAQ 100 ETF 2.6 20 15 4.6 +3.0
PPA Invesco Aerospace & Defense ETF 2.6 58 -23 3.0 +1.3
VFQY Vanguard U.S. Quality Factor ETF 2.6 13 22 6.6 +4.9
SXQG ETC 6 Meridian Quality Growth ETF 2.6 100 -65 4.6 +2.9
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 2.6 55 -20 5.2 +3.5
JOET Virtus Terranova US Quality Momentum ETF 2.5 29 6 5.0 +3.3
THRO iShares U.S. Thematic Rotation Active ETF 2.5 90 -55 4.4 +2.7
FCLD Fidelity Cloud Computing ETF 2.5 39 -4 3.0 +1.3
VUSE Vident U.S. Equity Strategy ETF 2.5 50 -15 4.8 +3.2
UPGD Invesco Bloomberg Analyst Rating Improvers ETF 2.5 40 -5 6.2 +4.6
ITAN Sparkline Intangible Value ETF 2.4 50 -15 6.5 +4.8
QGRW WisdomTree U.S. Quality Growth Fund 2.4 28 7 4.7 +3.0
FTC First Trust Large Cap Growth AlphaDEX Fund 2.4 59 -24 2.8 +1.2
ARKW ARK Next Generation Internet ETF 2.3 87 -52 -1.3 -3.0
MISL First Trust Indxx Aerospace & Defense ETF 2.3 60 -25 2.9 +1.2
NACP Impact Shares NAACP Minority Empowerment ETF 2.2 49 -14 4.9 +3.3
TMFE Motley Fool Capital Efficiency 100 Index ETF 2.2 50 -15 4.3 +2.7
QVAL Alpha Architect US Quantitative Value ETF 2.2 39 -4 10.3 +8.6
JPEF JPMorgan Equity Focus ETF 2.2 50 -15 4.5 +2.8
AZTD Aztlan Global Stock Selection DM SMID ETF 2.1 75 -40 8.4 +6.8
USRD Themes US R&D Champions ETF 2.1 29 6 5.6 +3.9
QQQ Invesco QQQ Trust Series I 2.1 20 15 4.6 +2.9
SPHB Invesco S&P 500 High Beta ETF 2.1 25 10 5.3 +3.6
IMCG iShares Morningstar Mid-Cap Growth ETF 2.1 6 29 4.1 +2.5
QQQM Invesco NASDAQ 100 ETF 2.1 15 20 4.6 +2.9
AIQ Global X Artificial Intelligence & Technology ETF 2.1 68 -33 4.7 +3.0
CAML Congress Large Cap Growth ETF 2.1 66 -31 3.4 +1.7
FESM Fidelity Enhanced Small Cap ETF 2.1 28 7 3.8 +2.2
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 2.0 30 5 7.0 +5.3
EMOT First Trust S&P 500 Economic Moat ETF 2.0 60 -25 6.5 +4.9
GINN Goldman Sachs Innovate Equity ETF 2.0 52 -17 4.4 +2.7
PTL Inspire 500 ETF 2.0 9 26 5.4 +3.7
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.9 35 0 6.9 +5.2
RUNN Running Oak Efficient Growth ETF 1.9 58 -23 4.9 +3.2
SIXG Defiance Connective Technologies ETF 1.9 30 5 4.5 +2.9
JSML Janus Henderson Small Cap Growth Alpha ETF 1.9 30 5 8.6 +7.0
IDGT iShares U.S. Digital Infrastructure and Real Estate ETF 1.9 41 -6 2.8 +1.1
CRTC Xtrackers US National Critical Technologies ETF 1.9 35 0 5.3 +3.6
XSHQ Invesco S&P SmallCap Quality ETF 1.9 29 6 8.4 +6.8
VOT Vanguard Mid-Cap Growth ETF 1.8 7 28 3.7 +2.0
IXN iShares Global Tech ETF 1.8 41 -6 4.5 +2.8
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 1.8 15 20 4.7 +3.0
IWO iShares Russell 2000 Growth ETF 1.8 24 11 1.5 -0.2
ANEW ProShares MSCI Transformational Changes ETF 1.8 45 -10 7.0 +5.4
VTWG Vanguard Russell 2000 Growth ETF 1.8 15 20 1.5 -0.1
JQUA JPMorgan U.S. Quality Factor ETF 1.8 12 23 6.0 +4.3
SIXS ETC 6 Meridian Small Cap Equity ETF 1.7 89 -54 9.4 +7.8
GGRW Gabelli Growth Innovators ETF 1.7 90 -55 2.6 +0.9
RAYD Rayliant Quantitative Developed Market Equity ETF 1.7 80 -45 4.7 +3.0
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.7 65 -30 3.0 +1.3
JMOM JPMorgan U.S. Momentum Factor ETF 1.7 12 23 4.8 +3.1
NULG Nuveen ESG Large-Cap Growth ETF 1.7 26 9 3.7 +2.1
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF 1.6 12 23 5.0 +3.4
PSC Principal U.S. Small-Cap ETF 1.6 38 -3 6.9 +5.3
INFL Horizon Kinetics Inflation Beneficiaries ETF 1.6 85 -50 3.9 +2.3
BGDV Bahl & Gaynor Dividend ETF 1.5 45 -10 5.0 +3.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.5 64 -29 2.4 +0.8
SMOT VanEck Morningstar SMID Moat ETF 1.5 49 -14 7.1 +5.4
FDG American Century Focused Dynamic Growth ETF 1.5 45 -10 2.4 +0.7
SNSR Global X Internet of Things ETF 1.5 68 -33 5.0 +3.3
ARKF ARK Fintech Innovation ETF 1.5 75 -40 -0.3 -1.9
TMFX Motley Fool Next Index ETF 1.5 50 -15 3.2 +1.5
IQM Franklin Intelligent Machines ETF 1.5 50 -15 2.6 +1.0
ONEO SPDR Russell 1000 Momentum Focus ETF 1.5 20 15 6.8 +5.1
MOTE VanEck Morningstar ESG Moat ETF 1.5 49 -14 4.9 +3.2
WUGI AXS Esoterica NextG Economy ETF 1.5 75 -40 2.9 +1.3
AIEQ AI Powered Equity ETF 1.4 75 -40 4.1 +2.5
IWP iShares Russell Mid-Cap Growth ETF 1.4 23 12 3.7 +2.0
JGRO JPMorgan Active Growth ETF 1.4 44 -9 3.9 +2.2
MGK Vanguard Mega Cap Growth ETF 1.4 7 28 4.5 +2.8
PWB Invesco Large Cap Growth ETF 1.4 56 -21 3.2 +1.5
USMF WisdomTree U.S. Multifactor Fund 1.4 28 7 6.7 +5.0
AFSM First Trust Active Factor Small Cap ETF 1.4 75 -40 7.0 +5.3
GGUS Marketbeta Russell 1000 Growth Equity ETF 1.3 12 23 4.8 +3.2
RBLD First Trust Alerian US NextGen Infrastructure ETF 1.3 65 -30 5.9 +4.2
GLOF iShares Global Equity Factor ETF 1.3 20 15 6.8 +5.1
LRGF iShares U.S. Equity Factor ETF 1.3 8 27 5.8 +4.1
ONEQ Fidelity Nasdaq Composite Index ETF 1.3 21 14 4.3 +2.6
GQQQ Astoria US Quality Growth Kings ETF 1.3 35 0 5.6 +4.0
TTAI FCF International Quality ETF 1.3 59 -24 6.9 +5.3
TMFC Motley Fool 100 Index ETF 1.3 50 -15 4.1 +2.5
SMAP Amplify Small-Mid Cap Equity ETF 1.3 60 -25 1.3 -0.3
ISCG iShares Morningstar Small-Cap Growth ETF 1.3 6 29 2.7 +1.1
AOTG AOT Growth and Innovation ETF 1.3 75 -40 2.4 +0.7
RND First Trust Bloomberg R&D Leaders ETF 1.3 60 -25 3.0 +1.3
SCHG Schwab U.S. Large-Cap Growth ETF 1.3 4 31 4.4 +2.7
VEGN US Vegan Climate ETF 1.3 60 -25 4.6 +2.9
BOUT Innovator IBD Breakout Opportunities ETF 1.2 81 -46 4.8 +3.1
EDEN iShares MSCI Denmark ETF 1.2 53 -18 6.9 +5.2
ILCG iShares Morningstar Growth ETF 1.2 4 31 4.1 +2.5
ETHO Etho Climate Leadership U.S. ETF 1.2 47 -12 5.5 +3.8
USXF iShares ESG Advanced MSCI USA ETF 1.2 10 25 4.9 +3.2
QTUM Defiance Quantum ETF 1.2 40 -5 7.7 +6.1
VXF Vanguard Extended Market ETF 1.2 6 29 4.5 +2.9
BFOR ALPS Barron's 400 ETF 1.2 65 -30 6.2 +4.5
SFY SoFi Select 500 ETF 1.2 0 35 4.8 +3.2
VUG Vanguard Growth ETF 1.2 4 31 4.3 +2.7
WOMN Impact Shares YWCA Women's Empowerment ETF 1.2 75 -40 5.2 +3.5
SFLO VictoryShares Small Cap Free Cash Flow ETF 1.2 49 -14 12.7 +11.0
QLV FlexShares US Quality Low Volatility Index Fund 1.2 22 13 5.8 +4.1
FMDE Fidelity Enhanced Mid Cap ETF 1.2 23 12 5.8 +4.1
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 1.1 60 -25 5.3 +3.6
QTOP iShares Nasdaq Top 30 Stocks ETF 1.1 20 15 4.8 +3.1
BLES Inspire Global Hope ETF 1.1 61 -26 6.8 +5.2
QLC FlexShares US Quality Large Cap Index Fund 1.1 25 10 5.9 +4.2
SPHQ Invesco S&P 500 Quality ETF 1.1 15 20 5.3 +3.6
LGRO Level Four Large Cap Growth Active ETF 1.1 55 -20 4.1 +2.4
FELC Fidelity Enhanced Large Cap Core ETF 1.1 18 17 5.6 +4.0
SIZE iShares MSCI USA Size Factor ETF 1.1 15 20 5.8 +4.1
SCHM Schwab U.S. Mid-Cap ETF 1.1 4 31 6.7 +5.0
FELG Fidelity Enhanced Large Cap Growth ETF 1.1 18 17 5.2 +3.6
XMMO Invesco S&P MidCap Momentum ETF 1.1 34 1 5.6 +3.9
GURU Global X Guru Index ETF 1.1 75 -40 4.2 +2.5
IQSU IQ Candriam U.S. Large Cap Equity ETF 1.1 9 26 5.0 +3.3
IVW iShares S&P 500 Growth ETF 1.1 18 17 4.5 +2.9
CALF Pacer US Small Cap Cash Cows 100 ETF 1.1 59 -24 12.0 +10.3
VOOG Vanguard S&P 500 Growth ETF 1.1 10 25 4.6 +2.9
SPYG SPDR Portfolio S&P 500 Growth ETF 1.1 4 31 4.7 +3.0
STXK Strive Small-Cap ETF 1.1 18 17 5.5 +3.8
RNMC First Trust Mid Cap US Equity Select ETF 1.1 60 -25 7.0 +5.3
BKSE BNY Mellon US Small Cap Core Equity ETF 1.1 4 31 5.9 +4.2
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 1.1 20 15 5.3 +3.6
IWF iShares Russell 1000 Growth ETF 1.1 19 16 4.8 +3.1
USMV iShares MSCI USA Min Vol Factor ETF 1.1 15 20 5.5 +3.8
VONG Vanguard Russell 1000 Growth ETF 1.1 8 27 4.9 +3.2
IMCB iShares Morningstar Mid-Cap ETF 1.1 4 31 6.0 +4.3
PEXL Pacer US Export Leaders ETF 1.1 60 -25 5.4 +3.8
IUSG iShares Core S&P U.S. Growth ETF 1.1 4 31 4.7 +3.0
RFFC ALPS Active Equity Opportunity ETF 1.1 48 -13 4.5 +2.9
HAPY Harbor Human Capital Factor Unconstrained ETF 1.1 50 -15 3.4 +1.7
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 1.0 30 5 7.9 +6.3
IWY iShares Russell Top 200 Growth ETF 1.0 20 15 4.9 +3.2
KRUZ Unusual Whales Subversive Republican Trading ETF 1.0 75 -40 6.0 +4.4
EUSA iShares MSCI USA Equal Weighted ETF 1.0 9 26 6.0 +4.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 1.0 9 26 6.1 +4.5
ROE Astoria US Quality Kings ETF 1.0 49 -14 7.0 +5.3
KRMA Global X Conscious Companies ETF 1.0 43 -8 6.1 +4.5
LCTU BlackRock U.S. Carbon Transition Readiness ETF 1.0 14 21 5.2 +3.6
USCL iShares Climate Conscious & Transition MSCI USA ETF 1.0 8 27 5.3 +3.6
VFMF Vanguard U.S. Multifactor ETF 1.0 18 17 8.5 +6.8
XMAG Defiance Large Cap ex-Mag 7 ETF 1.0 35 0 4.6 +3.0
GLBL Pacer MSCI World Industry Advantage ETF 1.0 65 -30 5.0 +3.3
USCA Xtrackers MSCI USA Climate Action Equity ETF 1.0 7 28 5.2 +3.6
DEUS Xtrackers Russell US Multifactor ETF 1.0 17 18 6.9 +5.2
DWMF WisdomTree International Multifactor Fund 1.0 38 -3 6.9 +5.3
RNSC Furst Trust Small Cap US Equity Select ETF 1.0 60 -25 6.7 +5.0
STXG Strive 1000 Growth ETF 0.9 18 17 4.2 +2.6
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.9 9 26 4.0 +2.3
SIXL ETC 6 Meridian Low Beta Equity ETF 0.9 80 -45 5.7 +4.1
IWM iShares Russell 2000 ETF 0.9 19 16 3.6 +2.0
RSSL Global X Russell 2000 ETF 0.9 8 27 3.6 +1.9
FSCS First Trust SMID Capital Strength ETF 0.9 60 -25 6.4 +4.7
STXM Strive Mid-Cap ETF 0.9 18 17 3.6 +2.0
VTWO Vanguard Russell 2000 ETF 0.9 10 25 3.8 +2.1
LSAF LeaderShares AlphaFactor US Core Equity ETF 0.9 75 -40 7.6 +5.9
WTRE WisdomTree New Economy Real Estate Fund 0.9 58 -23 9.6 +7.9
WCEO Hypatia Women CEO ETF 0.9 85 -50 -1.3 -3.0
EFAV iShares MSCI EAFE Min Vol Factor ETF 0.9 22 13 5.8 +4.2
FDN First Trust Dow Jones Internet Index Fund 0.9 52 -17 3.5 +1.8
FDND FT Vest Dow Jones Internet & Target Income ETF 0.9 75 -40 3.2 +1.6
BLOK Amplify Transformational Data Sharing ETF 0.9 75 -40 0.4 -1.3
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.9 20 15 5.5 +3.9
IFGL iShares International Developed Real Estate ETF 0.9 48 -13 6.3 +4.6
VBK Vanguard Small-Cap Growth ETF 0.9 7 28 1.7 +0.1
VFMO Vanguard U.S. Momentum Factor ETF 0.9 13 22 3.4 +1.7
FSMD Fidelity Small-Mid Multifactor ETF 0.9 15 20 7.0 +5.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.8 15 20 4.3 +2.6
VO Vanguard Mid-Cap ETF 0.8 4 31 5.6 +4.0
SHE SPDR MSCI USA Gender Diversity ETF 0.8 20 15 5.2 +3.5
QUS SPDR MSCI USA StrategicFactors ETF 0.8 15 20 5.8 +4.1
XMHQ Invesco S&P MidCap Quality ETF 0.8 25 10 7.1 +5.5
ACVF American Conservative Values ETF 0.8 75 -40 4.5 +2.8
HDUS Hartford Disciplined US Equity ETF 0.8 19 16 5.9 +4.2
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.8 35 0 3.7 +2.1
DSTX Distillate International Fundamental Stability & Value ETF 0.8 55 -20 8.4 +6.8
MODL VictoryShares WestEnd U.S. Sector ETF 0.8 42 -7 5.0 +3.3
RECS Columbia Research Enhanced Core ETF 0.8 15 20 6.2 +4.5
IJT iShares S&P Small-Cap 600 Growth ETF 0.8 18 17 5.1 +3.4
ESGV Vanguard ESG U.S. Stock ETF 0.8 9 26 5.0 +3.3
FQAL Fidelity Quality Factor ETF 0.8 15 20 5.9 +4.2
ACWV iShares MSCI Global Min Vol Factor ETF 0.8 20 15 5.9 +4.2
PGJ Invesco Golden Dragon China ETF 0.8 70 -35 13.9 +12.2
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.8 32 3 5.2 +3.5
VB Vanguard Small-Cap ETF 0.8 5 30 5.7 +4.1
FYC First Trust Small Cap Growth AlphaDEX Fund 0.8 71 -36 1.1 -0.6
SLYG SPDR S&P 600 Small Cap Growth ETF 0.8 15 20 5.1 +3.4
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.8 15 20 5.3 +3.7
FFND Future Fund Active ETF 0.8 100 -65 4.7 +3.0
FEX First Trust Large Cap Core AlphaDEX Fund 0.7 59 -24 6.5 +4.8
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.7 29 6 7.4 +5.7
EGUS iShares ESG Aware MSCI USA Growth ETF 0.7 18 17 4.5 +2.8
SMLF iShares U.S. SmallCap Equity Factor ETF 0.7 15 20 6.0 +4.3
FMET Fidelity Metaverse ETF 0.7 39 -4 5.1 +3.5
FELV Fidelity Enhanced Large Cap Value ETF 0.7 18 17 6.8 +5.1
SFYX SoFi Next 500 ETF 0.7 0 35 3.6 +1.9
OALC OneAscent Large Cap Core ETF 0.7 86 -51 4.6 +2.9
ADME Aptus Drawdown Managed Equity ETF 0.7 79 -44 4.3 +2.6
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.7 25 10 7.8 +6.1
VBR Vanguard Small Cap Value ETF 0.7 7 28 8.5 +6.8
EZM WisdomTree U.S. MidCap Fund 0.7 38 -3 9.3 +7.7
ISCB iShares Morningstar Small-Cap ETF 0.7 4 31 5.6 +4.0
VALQ American Century U.S. Quality Value ETF 0.7 29 6 7.6 +6.0
PNQI Invesco NASDAQ Internet ETF 0.7 60 -25 3.8 +2.2
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.7 52 -17 5.6 +4.0
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.7 58 -23 5.6 +4.0
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.7 15 20 5.1 +3.4
AVLV Avantis U.S. Large Cap Value ETF 0.7 15 20 8.1 +6.5
RVRB Reverb ETF 0.7 30 5 3.7 +2.1
DSTL Distillate US Fundamental Stability & Value ETF 0.7 39 -4 8.3 +6.6
PBUS Invesco MSCI USA ETF 0.7 4 31 5.2 +3.5
SMCF Themes US Small Cap Cash Flow Champions ETF 0.7 29 6 11.8 +10.1
DFUS Dimensional U.S. Equity ETF 0.7 9 26 5.3 +3.7
PDP Invesco Dorsey Wright Momentum ETF 0.7 62 -27 3.6 +1.9
SQLV Royce Quant Small-Cap Quality Value ETF 0.7 60 -25 9.6 +8.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.7 75 -40 3.7 +2.1
IWL iShares Russell Top 200 ETF 0.6 15 20 5.1 +3.4
STRV Strive 500 ETF 0.6 5 30 5.2 +3.5
SPXN ProShares S&P 500 Ex-Financials ETF 0.6 9 26 5.0 +3.4
ARTY iShares Future AI & Tech ETF 0.6 47 -12 4.1 +2.4
VTI Vanguard Total Stock Market ETF 0.6 3 32 5.2 +3.5
IWV iShares Russell 3000 ETF 0.6 20 15 5.0 +3.4
KLMN Invesco MSCI North America Climate ETF 0.6 9 26 5.3 +3.6
SCHX Schwab U.S. Large-Cap ETF 0.6 3 32 5.3 +3.7
ILCB iShares Morningstar U.S. Equity ETF 0.6 3 32 5.2 +3.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.6 3 32 5.2 +3.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.6 39 -4 4.0 +2.4
BKLC BNY Mellon US Large Cap Core Equity ETF 0.6 0 35 5.3 +3.6
VOTE TCW Transform 500 ETF 0.6 5 30 5.2 +3.6
VTHR Vanguard Russell 3000 ETF 0.6 10 25 5.2 +3.5
SCHB Schwab U.S. Broad Market ETF 0.6 3 32 5.3 +3.6
JSTC Adasina Social Justice All Cap Global ETF 0.6 89 -54 4.5 +2.8
IYY iShares Dow Jones U.S. ETF 0.6 20 15 5.1 +3.5
SCHK Schwab 1000 Index ETF 0.6 5 30 5.3 +3.7
VV Vanguard Large-Cap ETF 0.6 4 31 5.2 +3.6
HLAL Wahed FTSE USA Shariah ETF 0.6 50 -15 5.2 +3.5
RSP Invesco S&P 500 Equal Weight ETF 0.6 20 15 6.3 +4.7
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.6 2 33 5.3 +3.6
QVML Invesco S&P 500 QVM Multi-factor ETF 0.6 11 24 5.4 +3.7
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.6 11 24 5.2 +3.5
INRO iShares U.S. Industry Rotation Active ETF 0.6 42 -7 4.1 +2.5
IWB iShares Russell 1000 ETF 0.6 15 20 5.2 +3.5
DFSU Dimensional US Sustainability Core 1 ETF 0.6 18 17 5.8 +4.2
VONE Vanguard Russell 1000 ETF 0.6 8 27 5.3 +3.6
JHML John Hancock Multifactor Large Cap ETF 0.6 29 6 5.6 +3.9
EES WisdomTree U.S. SmallCap Fund 0.6 38 -3 9.1 +7.5
AVSU Avantis Responsible U.S. Equity ETF 0.6 15 20 6.4 +4.7
XVV iShares ESG Screened S&P 500 ETF 0.6 8 27 5.1 +3.5
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.6 45 -10 4.9 +3.3
SCHA Schwab U.S. Small-Cap ETF 0.6 4 31 5.3 +3.6
AVUS Avantis U.S. Equity ETF 0.6 15 20 6.3 +4.6
SPXV ProShares S&P 500 Ex-Health Care ETF 0.6 9 26 4.4 +2.7
ESGG FlexShares STOXX Global ESG Select Index Fund 0.6 42 -7 5.4 +3.8
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.6 10 25 5.4 +3.7
IDHQ Invesco S&P International Developed High Quality ETF 0.6 29 6 6.7 +5.0
XJR iShares ESG Screened S&P Small-Cap ETF 0.6 12 23 6.6 +4.9
FLRG Fidelity U.S. Multifactor ETF 0.6 15 20 7.1 +5.4
ISMD Inspire Small/Mid Cap ETF 0.6 54 -19 4.7 +3.0
JHMM John Hancock Multifactor Mid Cap ETF 0.6 42 -7 6.5 +4.8
MGC Vanguard Mega Cap ETF 0.6 7 28 5.1 +3.5
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.6 24 11 7.6 +6.0
IJK iShares S&P Mid-Cap 400 Growth ETF 0.6 17 18 6.0 +4.3
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.6 70 -35 2.8 +1.1
WWJD Inspire International ETF 0.6 80 -45 7.6 +5.9
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.6 7 28 5.2 +3.5
CATH Global X S&P 500 Catholic Values Custom ETF 0.6 29 6 5.1 +3.4
FLDZ RiverNorth Patriot ETF 0.6 75 -40 5.9 +4.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.6 20 15 5.0 +3.4
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.6 15 20 7.3 +5.6
TOK iShares MSCI Kokusai ETF 0.6 26 9 5.2 +3.5
QWLD SPDR MSCI World StrategicFactors ETF 0.6 30 5 5.9 +4.3
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.6 15 20 6.0 +4.4
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.6 20 15 7.8 +6.1
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.6 15 20 6.0 +4.3
SPXE ProShares S&P 500 Ex-Energy ETF 0.6 9 26 4.7 +3.1
IVV iShares Core S&P 500 ETF 0.6 3 32 5.3 +3.6
SPLG SPDR Portfolio S&P 500 ETF 0.6 2 33 5.3 +3.7
VOO Vanguard S&P 500 ETF 0.6 3 32 5.3 +3.6
SPY SPDR S&P 500 ETF Trust 0.5 9 26 5.2 +3.6
SUSL iShares ESG MSCI USA Leaders ETF 0.5 10 25 5.3 +3.6
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.5 15 20 7.3 +5.6
DFAS Dimensional U.S. Small Cap ETF 0.5 26 9 6.9 +5.3
QQQS Invesco NASDAQ Future Gen 200 ETF 0.5 20 15 -9.4 -11.1
IJR iShares Core S&P Small Cap ETF 0.5 6 29 7.3 +5.6
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.5 3 32 5.5 +3.8
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.5 10 25 5.3 +3.6
KOKU Xtrackers MSCI Kokusai Equity ETF 0.5 9 26 5.5 +3.8
DMXF iShares ESG Advanced MSCI EAFE ETF 0.5 12 23 5.8 +4.1
URTH iShares MSCI World ETF 0.5 24 11 5.5 +3.8
ROUS Hartford Multifactor US Equity ETF 0.5 19 16 7.2 +5.6
IWR iShares Russell Midcap ETF 0.5 19 16 5.8 +4.1
EFG iShares MSCI EAFE Growth ETF 0.5 36 -1 4.5 +2.8
DARP Grizzle Growth ETF 0.5 75 -40 4.7 +3.1
LRND IQ U.S. Large Cap R&D Leaders ETF 0.5 14 21 6.7 +5.1
APUE ActivePassive U.S. Equity ETF 0.5 45 -10 4.9 +3.3
KNO AXS Knowledge Leaders ETF 0.5 78 -43 6.1 +4.4
QDEF FlexShares Quality Dividend Defensive Index Fund 0.5 37 -2 5.9 +4.3
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.5 3 32 7.4 +5.7
VIOO Vanguard S&P Small-Cap 600 ETF 0.5 10 25 7.2 +5.6
DFAU Dimensional US Core Equity Market ETF 0.5 12 23 5.5 +3.9
CFA VictoryShares US 500 Volatility Wtd ETF 0.5 35 0 6.1 +4.4
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.5 40 -5 6.0 +4.3
SHUS Syntax Stratified U.S. Total Market Hedged ETF 0.5 65 -30 5.4 +3.7
SSPY Syntax Stratified LargeCap ETF 0.5 30 5 6.6 +4.9
IWC iShares Micro-Cap ETF 0.5 60 -25 -1.1 -2.7
IDMO Invesco S&P International Developed Momentum ETF 0.5 25 10 5.7 +4.1
FBCG Fidelity Blue Chip Growth ETF 0.5 59 -24 3.4 +1.7
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.5 20 15 6.7 +5.1
MDY SPDR S&P Midcap 400 ETF Trust 0.5 24 11 7.2 +5.5
IJH iShares Core S&P Mid-Cap ETF 0.5 5 30 7.4 +5.7
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.5 7 28 6.2 +4.6
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.5 25 10 5.9 +4.2
ACWI iShares MSCI ACWI ETF 0.5 32 3 6.0 +4.3
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.5 10 25 4.2 +2.5
EQAL Invesco Russell 1000 Equal Weight ETF 0.5 20 15 6.6 +4.9
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.5 30 5 7.3 +5.6
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.5 3 32 7.4 +5.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.5 12 23 4.5 +2.8
IVOO Vanguard S&P Mid-Cap 400 ETF 0.5 10 25 7.3 +5.6
AVSC Avantis U.S Small Cap Equity ETF 0.5 25 10 6.6 +4.9
FIDU Fidelity MSCI Industrial Index ETF 0.5 8 27 4.9 +3.2
HAPI Harbor Human Capital Factor US Large Cap ETF 0.5 36 -1 5.1 +3.5
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.5 17 18 5.7 +4.0
FVD First Trust Value Line Dividend Index Fund 0.5 65 -30 6.1 +4.4
VT Vanguard Total World Stock ETF 0.5 7 28 6.3 +4.6
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 0.5 25 10 7.4 +5.7
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.4 24 11 7.6 +5.9
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.4 9 26 5.6 +3.9
SUSA iShares MSCI USA ESG Select ETF 0.4 25 10 5.0 +3.3
VIS Vanguard Industrials ETF 0.4 10 25 4.9 +3.3
KLMT Invesco MSCI Global Climate 500 ETF 0.4 10 25 6.1 +4.4
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.4 25 10 7.5 +5.8
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.4 20 15 7.4 +5.7
EPS WisdomTree U.S. LargeCap Fund 0.4 8 27 6.1 +4.4
IQSI IQ Candriam International Equity ETF 0.4 15 20 6.7 +5.0
DES WisdomTree U.S. SmallCap Dividend Fund 0.4 38 -3 8.7 +7.0
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.4 15 20 10.0 +8.3
ECNS iShares MSCI China Small-Cap ETF 0.4 59 -24 10.8 +9.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.4 20 15 6.0 +4.4
DCOR Dimensional US Core Equity 1 ETF 0.4 14 21 5.8 +4.2
JVAL JPMorgan U.S. Value Factor ETF 0.4 12 23 8.5 +6.9
FDLO Fidelity Low Volatility Factor ETF 0.4 15 20 5.4 +3.7
IMTM iShares MSCI Intl Momentum Factor ETF 0.4 30 5 5.6 +4.0
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.4 60 -25 6.4 +4.8
LOWV AB US Low Volatility Equity ETF 0.4 48 -13 5.3 +3.7
ROSC Hartford Multifactor Small Cap ETF 0.4 34 1 9.0 +7.3
TPSC Timothy Plan US Small Cap Core ETF 0.4 52 -17 7.2 +5.5
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.4 39 -4 5.4 +3.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.4 29 6 6.4 +4.8
FLAU Franklin FTSE Australia ETF 0.4 9 26 6.4 +4.7
IJJ iShares S&P Mid-Cap 400 Value ETF 0.4 18 17 8.6 +7.0
MDYV SPDR S&P 400 Mid Cap Value ETF 0.4 15 20 8.7 +7.0
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.4 15 20 8.7 +7.0
RWK Invesco S&P MidCap 400 Revenue ETF 0.4 39 -4 10.2 +8.5
QINT American Century Quality Diversified International ETF 0.4 39 -4 7.6 +6.0
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.4 35 0 4.7 +3.0
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 0.4 42 -7 5.5 +3.8
ESGU iShares ESG Aware MSCI USA ETF 0.4 15 20 5.1 +3.5
JHSC John Hancock Multifactor Small Cap ETF 0.4 42 -7 6.9 +5.2
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 17 7.2 +5.6
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.4 29 6 4.8 +3.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 17 18 6.0 +4.3
INEQ Columbia International Equity Income ETF 0.4 45 -10 8.7 +7.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.4 29 6 8.2 +6.5
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.4 25 10 6.0 +4.4
BLLD JPMorgan Sustainable Infrastructure ETF 0.4 49 -14 4.8 +3.1
FLQL Franklin LibertyQ U.S. Equity ETF 0.4 15 20 5.7 +4.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.3 20 15 5.3 +3.6
REVS Columbia Research Enhanced Value ETF 0.3 19 16 7.6 +6.0
DWLD Davis Select Worldwide ETF 0.3 63 -28 7.8 +6.1
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 0.3 38 -3 10.1 +8.5
DSI iShares MSCI KLD 400 Social ETF 0.3 25 10 5.2 +3.5
DUHP Dimensional US High Profitability ETF 0.3 21 14 6.6 +4.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 26 6.1 +4.4
GVLU Gotham 1000 Value ETF 0.3 50 -15 9.1 +7.4
SCZ iShares MSCI EAFE Small-Cap ETF 0.3 40 -5 7.4 +5.7
IQLT iShares MSCI Intl Quality Factor ETF 0.3 30 5 6.3 +4.7
IJS iShares S&P Small-Cap 600 Value ETF 0.3 18 17 9.4 +7.8
APIE ActivePassive International Equity ETF 0.3 45 -10 7.7 +6.0
DTAN Sparkline International Intangible Value ETF 0.3 55 -20 7.2 +5.6
GSID Goldman Sachs MarketBeta International Equity ETF 0.3 20 15 7.1 +5.5
DXJ WisdomTree Japan Hedged Equity Fund 0.3 48 -13 8.4 +6.7
FCPI Fidelity Stocks for Inflation ETF 0.3 15 20 7.8 +6.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.3 3 32 7.5 +5.8
SLYV SPDR S&P 600 Small Cap Value ETF 0.3 15 20 9.5 +7.8
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.3 15 20 9.3 +7.6
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.3 20 15 6.6 +5.0
FDEV Fidelity International Multifactor ETF 0.3 18 17 7.7 +6.0
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.3 10 25 3.3 +1.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 23 5.1 +3.5
IEFA iShares Core MSCI EAFE ETF 0.3 7 28 7.4 +5.7
GWX SPDR S&P International Small Cap ETF 0.3 40 -5 6.7 +5.1
IDEV iShares Core MSCI International Developed Markets ETF 0.3 4 31 7.4 +5.7
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 31 6.1 +4.5
AVDE Avantis International Equity ETF 0.3 23 12 8.0 +6.3
EFA iShares MSCI EAFE ETF 0.3 35 0 7.0 +5.4
BKIE BNY Mellon International Equity ETF 0.3 4 31 7.3 +5.7
LRGC AB US Large Cap Strategic Equities ETF 0.3 48 -13 4.8 +3.1
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.2 80 -45 10.0 +8.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.2 19 16 6.5 +4.8
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.2 36 -1 6.9 +5.2
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.2 35 0 5.9 +4.2
SCHC Schwab International Small-Cap Equity ETF 0.2 11 24 7.1 +5.4
ESGD iShares ESG Aware MSCI EAFE ETF 0.2 20 15 7.1 +5.5
EWJ iShares MSCI Japan ETF 0.2 50 -15 7.1 +5.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.2 39 -4 7.0 +5.3
DBJP Xtrackers MSCI Japan Hedged Equity ETF 0.2 47 -12 7.1 +5.5
IWS iShares Russell Mid-Cap Value ETF 0.2 23 12 6.5 +4.9
IYJ iShares U.S. Industrials ETF 0.2 40 -5 4.8 +3.1
FNX First Trust Mid Cap Core AlphaDEX Fund 0.2 60 -25 8.2 +6.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 7 28 7.0 +5.4
DFAT Dimensional U.S. Targeted Value ETF 0.2 28 7 10.0 +8.4
IPAC iShares Core MSCI Pacific ETF 0.2 9 26 7.1 +5.4
BBJP JPMorgan BetaBuilders Japan ETF 0.2 19 16 7.6 +5.9
IVLU iShares MSCI Intl Value Factor ETF 0.2 30 5 11.1 +9.5
SEIQ SEI Enhanced U.S. Large Cap Quality Factor ETF 0.2 15 20 7.3 +5.7
IGPT Invesco AI and Next Gen Software ETF 0.2 60 -25 4.9 +3.2
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 0.2 80 -45 5.7 +4.0
FYX First Trust Small Cap Core AlphaDEX Fund 0.2 61 -26 5.9 +4.2
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.2 12 23 8.1 +6.4
AFMC First Trust Active Factor Mid Cap ETF 0.2 65 -30 8.2 +6.5
IUS Invesco RAFI Strategic US ETF 0.2 19 16 7.1 +5.4
FLJH Franklin FTSE Japan Hedged ETF 0.2 9 26 6.7 +5.0
FLJP Franklin FTSE Japan ETF 0.2 9 26 7.0 +5.3
XJH iShares ESG Screened S&P Mid-Cap ETF 0.2 12 23 7.0 +5.3
FNDC Schwab Fundamental International Small Co. Index ETF 0.2 39 -4 6.3 +4.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 -12 5.7 +4.0
AVSD Avantis Responsible International Equity ETF 0.2 23 12 6.8 +5.2
IXUS iShares Core MSCI Total International Stock ETF 0.2 7 28 8.3 +6.6
VPL Vanguard FTSE Pacific ETF 0.2 8 27 7.7 +6.0
JPXN iShares JPX-Nikkei 400 ETF 0.2 48 -13 7.5 +5.8
GSPY Gotham Enhanced 500 ETF 0.2 50 -15 5.5 +3.8
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 10 6.6 +4.9
DFUV Dimensional US Marketwide Value ETF 0.2 22 13 8.1 +6.4
DIHP Dimensional International High Profitability ETF 0.2 29 6 7.4 +5.7
NULC Nuveen ESG Large-Cap ETF 0.2 21 14 5.0 +3.4
WRND IQ Global Equity R&D Leaders ETF 0.2 18 17 7.9 +6.2
VSLU Applied Finance Valuation Large Cap ETF 0.2 49 -14 5.9 +4.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.2 18 17 8.1 +6.4
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.2 24 11 6.4 +4.8
DIM WisdomTree International MidCap Dividend Fund 0.2 58 -23 7.7 +6.0
ACWX iShares MSCI ACWI ex U.S. ETF 0.2 34 1 8.1 +6.5
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.2 39 -4 9.8 +8.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.2 41 -6 7.1 +5.4
JPIN J.P. Morgan Diversified Return International Equity ETF 0.2 37 -2 8.9 +7.2
VLU SPDR S&P 1500 Value Tilt ETF 0.1 12 23 7.2 +5.5
DFIS Dimensional International Small Cap ETF 0.1 39 -4 7.9 +6.2
SMMD iShares Russell 2500 ETF 0.1 15 20 6.2 +4.6
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.1 12 23 6.2 +4.5
CWI SPDR MSCI ACWI ex-US ETF 0.1 30 5 8.2 +6.5
ISCF iShares International SmallCap Equity Factor ETF 0.1 23 12 8.6 +6.9
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 10 7.3 +5.6
IEUS iShares MSCI Europe Small-Cap ETF 0.1 42 -7 7.2 +5.5
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 11 6.6 +4.9
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 10 7.4 +5.7
IWD iShares Russell 1000 Value ETF 0.1 19 16 6.5 +4.8
QDF FlexShares Quality Dividend Index Fund 0.1 37 -2 6.2 +4.5
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.1 58 -23 7.7 +6.0
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 23 6.5 +4.9
VONV Vanguard Russell 1000 Value ETF 0.1 8 27 6.6 +4.9
MTUM iShares MSCI USA Momentum Factor ETF 0.1 15 20 3.9 +2.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 -14 7.3 +5.7
ISCV iShares Morningstar Small Cap Value ETF 0.1 6 29 8.4 +6.7
FSST Fidelity Sustainable U.S. Equity ETF 0.1 59 -24 4.4 +2.7
JHMD John Hancock Multifactor Developed International ETF 0.1 39 -4 7.8 +6.1
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -30 8.1 +6.4
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 -4 7.0 +5.3
DFJ WisdomTree Japan SmallCap Dividend Fund 0.1 58 -23 8.3 +6.7
RWL Invesco S&P 500 Revenue ETF 0.1 39 -4 7.0 +5.3
DFIC Dimensional International Core Equity 2 ETF 0.1 23 12 7.9 +6.3
DFAI Dimensional International Core Equity Market ETF 0.1 18 17 7.6 +5.9
JAVA JPMorgan Active Value ETF 0.1 44 -9 6.3 +4.6
SCJ iShares MSCI Japan Small-Cap ETF 0.1 50 -15 6.8 +5.1
STXD Strive 1000 Dividend Growth ETF 0.1 35 0 5.0 +3.3
VSGX Vanguard ESG International Stock ETF 0.1 12 23 8.2 +6.5
IMFL Invesco International Developed Dynamic Multifactor ETF 0.1 34 1 6.2 +4.5
VEA Vanguard FTSE Developed Markets ETF 0.1 5 30 7.6 +5.9
DGRW WisdomTree US Quality Dividend Growth Fund 0.1 28 7 5.7 +4.1
VIG Vanguard Dividend Appreciation ETF 0.1 6 29 6.0 +4.3
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.1 50 -15 6.5 +4.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.1 30 5 8.6 +6.9
CCMG CCM Global Equity ETF 0.1 34 1 8.5 +6.9
DFVX Dimensional US Large Cap Vector ETF 0.1 22 13 6.6 +4.9
IWX iShares Russell Top 200 Value ETF 0.1 20 15 6.4 +4.8
PFM Invesco Dividend Achievers ETF 0.1 53 -18 5.3 +3.7
SCHF Schwab International Equity ETF 0.1 6 29 7.7 +6.1
VXUS Vanguard Total International Stock ETF 0.1 7 28 8.3 +6.6
SCHV Schwab U.S. Large-Cap Value ETF 0.1 4 31 6.8 +5.2
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 15 7.4 +5.7
AVEM Avantis Emerging Markets Equity ETF 0.1 33 2 9.7 +8.0
DGRO iShares Core Dividend Growth ETF 0.1 8 27 6.6 +4.9
DFSV Dimensional US Small Cap Value ETF 0.1 31 4 10.9 +9.2
GXC SPDR S&P China ETF 0.1 59 -24 16.7 +15.0
DFLV Dimensional US Large Cap Value ETF 0.1 22 13 8.2 +6.5
DWM WisdomTree International Equity Fund 0.1 48 -13 7.7 +6.0
VEU Vanguard FTSE All-World ex-US Index Fund 0.0 8 27 8.5 +6.8
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.0 70 -35 7.8 +6.1
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 7 6.2 +4.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 -5 7.5 +5.9
STXV Strive 1000 Value ETF 0.0 18 17 7.5 +5.8
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 10 10.1 +8.5
DIVI Franklin International Core Dividend Tilt Index ETF 0.0 9 26 8.2 +6.6
DLN WisdomTree U.S. LargeCap Dividend Fund 0.0 28 7 5.9 +4.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 -4 8.3 +6.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 -10 9.3 +7.7
IUSV iShares Core S&P US Value ETF 0.0 4 31 6.5 +4.8
GMF SPDR S&P Emerging Asia Pacific ETF 0.0 49 -14 10.0 +8.4
IWN iShares Russell 2000 Value ETF 0.0 24 11 5.8 +4.1
HKND Humankind US Stock ETF 0.0 11 24 7.5 +5.8
VTWV Vanguard Russell 2000 Value ETF 0.0 15 20 5.9 +4.3
INTF iShares International Equity Factor ETF 0.0 15 20 8.1 +6.5
VWO Vanguard FTSE Emerging Markets ETF 0.0 8 27 10.9 +9.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.0 38 -3 9.9 +8.3
IEUR iShares Core MSCI Europe ETF 0.0 11 24 7.4 +5.7
SPEU SPDR Portfolio Europe ETF 0.0 7 28 7.5 +5.8
VGK Vanguard FTSE Europe ETF 0.0 11 24 7.5 +5.8
VYM Vanguard High Dividend Yield Index ETF 0.0 6 29 7.3 +5.6
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 28 10.9 +9.2
IEMG iShares Core MSCI Emerging Markets ETF 0.0 9 26 10.9 +9.3
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 0 10.2 +8.5
DFEV Dimensional Emerging Markets Value ETF 0.0 43 -8 14.5 +12.8
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 5 5.0 +3.4
AVES Avantis Emerging Markets Value ETF 0.0 36 -1 12.2 +10.5

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

  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:		 Themes Cybersecurity ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

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

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.4 %
Divided by: Fwd. P/BV 6.1 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 1.7 %
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.