Invesco Solar ETF
ALTAR
Score™		 8.6% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 19.0x P/Sales
ratio		 1.3x
P/BV
ratio		 1.0x Div.
yield		 3.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Claymore/MAC Global Solar Energy Index ETF seeks investment results that correspond to the price and yield of the MAC Global Solar Energy Index.

FUND BASICS
Category Global Equities
Fund Sponsor Guggenheim
Website guggenheiminvestments.com
Inception date Apr 15, 2008
Assets (mns) $745
Currency USD
Expense ratio 67 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Tiered
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 30
Wgt avg mkt cap (mns) $4,025
Large cap (>$10bn) 10.2%
Mid cap ($2-10bn) 45.4%
Small cap (<$2bn) 37.9%
Developed mkts 73.1%
Emerging mkts 27.0%

TOP TEN HOLDINGS
NEXTRACKER, INC. CLASS A 11.1 %
ENPHASE ENERGY INC 8.5 %
FIRST SOLAR INC 7.2 %
GCL POLY ENERGY HOLDINGS LTD 6.4 %
XINYI SOLAR HOLDINGS LTD 4.9 %
HANNON ARMSTRONG SUSTAINABLE 4.4 %
NEOEN S.A. 4.2 %
CLEARWAY ENERGY, INC. CLASS C 3.7 %
SUNRUN INC. 3.6 %
SOLAREDGE TECHNOLOGIES, INC. 3.5 %
Total 57.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 51.7 %
CHINA 14.9 %
ISRAEL 6.5 %
HONG KONG 6.4 %
TAIWAN 4.7 %
SPAIN 2.5 %
JAPAN 2.2 %
NORWAY 2.0 %
CANADA 2.0 %
INDIA 1.3 %

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.
-2.3% -25.0% -2.3% -1.1% -10.0%

Market Correlations
versus... Beta R-squared
S&P500 1.35 36%
MSCI EAFE 1.53 48%
MSCI Emg. Mkts. 1.40 40%

Technical Indicators
Recent close $31.08
30d moving avg. $32.95
Annualized volatility 38.3%
Short interest (ETF) 8.3%
Relative strength (RSI) 42

Liquidity measures
Avg. volume (thou.) 582
Turnover 2.4%
Bid/Ask (% of price) 0.11%
ADV underlying (mns) $4,115

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 462 potential alternatives to the Invesco Solar ETF ETF based on the alternatives' overlap in portfolio holdings with TAN. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: TAN Expense: 67 bp ALTAR Score™: 8.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH TAN
Ticker Fund
Name		 Overlap1
vs TAN
(%)		 Expense
ratio
(bp)		 Savings
vs TAN
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs TAN
(%)
FRNW Fidelity Clean Energy ETF 36.9 39 28 4.2 -4.4
RAYS Global X Solar ETF 36.5 51 16 6.2 -2.4
CTEC Global X CleanTech ETF 35.9 50 17 2.2 -6.4
CNRG SPDR S&P Kensho Clean Power ETF 31.0 45 22 -0.1 -8.7
ACES ALPS Clean Energy ETF 30.1 55 12 -4.2 -12.8
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 22.5 58 9 -3.5 -12.1
ICLN iShares Global Clean Energy ETF 20.8 41 26 6.4 -2.2
PBD Invesco Global Clean Energy ETF 20.4 75 -8 0.4 -8.2
VCLN Virtus Duff & Phelps Clean Energy ETF 19.7 59 8 6.2 -2.4
PBW Invesco WilderHill Clean Energy ETF 17.6 66 1 -6.0 -14.6
RNRG Global X Renewable Energy Producers ETF 13.3 66 1 6.1 -2.5
ETEC iShares Breakthrough Environmental Solutions ETF 12.1 47 20 5.8 -2.8
RNEW VanEck Green Infrastructure ETF 11.8 45 22 -2.0 -10.5
ERTH Invesco MSCI Sustainable Future ETF 9.4 62 5 2.5 -6.1
SMOG VanEck Low Carbon Energy ETF 8.6 61 6 1.5 -7.1
SDG iShares MSCI Global Sustainable Development Goals ETF 7.1 49 18 6.0 -2.6
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 5.4 79 -12 5.9 -2.7
CCSO Carbon Collective Climate Solutions US Equity ETF 5.2 35 32 1.9 -6.7
IPO Renaissance IPO ETF 4.9 60 7 4.9 -3.7
IBAT iShares Energy Storage & Materials ETF 4.4 47 20 5.3 -3.3
DTEC ALPS Disruptive Technologies ETF 4.2 50 17 4.0 -4.6
CCNR ALPS CoreCommodity Natural Resources ETF 4.2 39 28 11.0 +2.4
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 3.9 65 2 -3.8 -12.4
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 3.7 55 12 5.5 -3.1
KGRN KraneShares MSCI China Clean Technology Index ETF 3.6 79 -12 3.8 -4.8
FXU First Trust Utilities AlphaDEX Fund 3.5 64 3 5.1 -3.5
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 3.4 29 38 4.4 -4.2
TINT ProShares Smart Materials ETF 3.3 58 9 3.1 -5.5
LIVR Intelligent Livermore ETF 3.0 69 -2 8.2 -0.4
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 2.9 75 -8 7.3 -1.3
FAN First Trust Global Wind Energy ETF 2.8 60 7 5.3 -3.3
RSMC Rockefeller U.S. Small-Mid Cap ETF 2.8 75 -8 5.1 -3.5
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 2.7 30 37 7.6 -1.0
FXN First Trust Energy AlphaDEX Fund 2.6 62 5 13.7 +5.1
OCFS Otter Creek Focus Strategy ETF 2.5 85 -18 4.6 -4.0
OCEN IQ Clean Oceans ETF 2.5 45 22 5.7 -2.9
ITEQ BlueStar Israel Technology ETF 2.4 75 -8 2.1 -6.5
RSPT Invesco S&P 500 Equal Weight Technology ETF 2.4 40 27 6.2 -2.4
BLLD JPMorgan Sustainable Infrastructure ETF 2.4 49 18 4.8 -3.8
XSD SPDR S&P Semiconductor ETF 2.3 35 32 4.9 -3.7
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 2.3 30 37 7.0 -1.6
HAIL SPDR S&P Kensho Smart Mobility ETF 2.3 45 22 2.0 -6.6
MADE iShares U.S. Manufacturing ETF 2.2 40 27 5.8 -2.8
SIMS SPDR S&P Kensho Intelligent Structures ETF 2.1 45 22 7.7 -0.9
SFLO VictoryShares Small Cap Free Cash Flow ETF 2.0 49 18 12.7 +4.1
TCHI iShares MSCI China Multisector Tech ETF 2.0 59 8 22.4 +13.8
CLNR IQ Cleaner Transport ETF 1.9 45 22 7.3 -1.3
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.8 58 9 5.5 -3.1
XT iShares Exponential Technologies ETF 1.8 46 21 5.5 -3.1
SDEM Global X MSCI SuperDividend Emerging Markets ETF 1.8 67 0 13.3 +4.7
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.6 52 15 6.5 -2.1
TRFM AAM Transformers ETF 1.5 49 18 1.9 -6.7
PGJ Invesco Golden Dragon China ETF 1.4 70 -3 13.9 +5.3
NUMV Nuveen ESG Mid-Cap Value ETF 1.4 31 36 6.4 -2.2
ECNS iShares MSCI China Small-Cap ETF 1.4 59 8 10.8 +2.2
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 1.2 20 47 4.5 -4.1
IYE iShares U.S. Energy ETF 1.2 40 27 8.6 -0.0
XMHQ Invesco S&P MidCap Quality ETF 1.2 25 42 7.1 -1.5
TMFX Motley Fool Next Index ETF 1.2 50 17 3.2 -5.4
TEMP JPMorgan Climate Change Solutions ETF 1.2 49 18 5.9 -2.7
DEEP Roundhill Acquirers Deep Value ETF 1.1 80 -13 19.9 +11.3
EIS iShares MSCI Israel ETF 1.1 58 9 8.6 -0.0
QQQS Invesco NASDAQ Future Gen 200 ETF 1.1 20 47 -9.4 -18.0
IJS iShares S&P Small-Cap 600 Value ETF 1.1 18 49 9.4 +0.8
SMDV ProShares Russell 2000 Dividend Growers ETF 1.1 40 27 7.0 -1.6
PSCF Invesco S&P SmallCap Financials ETF 1.0 29 38 6.2 -2.4
SSPX Janus Henderson U.S. Sustainable Equity ETF 1.0 55 12 4.2 -4.4
VIOV Vanguard S&P Small-Cap 600 Value ETF 1.0 15 52 9.3 +0.7
JSML Janus Henderson Small Cap Growth Alpha ETF 1.0 30 37 8.6 +0.0
ISRA VanEck Israel ETF 1.0 59 8 7.8 -0.8
WNDY Global X Wind Energy ETF 1.0 50 17 3.2 -5.4
SLYV SPDR S&P 600 Small Cap Value ETF 1.0 15 52 9.5 +0.9
WDIV SPDR S&P Global Dividend ETF 1.0 40 27 9.6 +1.1
NUSC Nuveen ESG Small-Cap ETF 1.0 31 36 5.3 -3.3
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.0 15 52 5.7 -2.9
OPTZ Optimize Strategy Index ETF 0.9 50 17 5.3 -3.3
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 0.9 35 32 9.2 +0.6
FSST Fidelity Sustainable U.S. Equity ETF 0.9 59 8 4.4 -4.2
WBIY WBI Power Factor High Dividend ETF 0.9 100 -33 13.4 +4.8
ESIX SPDR S&P SmallCap 600 ESG ETF 0.9 12 55 5.9 -2.7
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.8 49 18 4.7 -3.9
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 0.8 59 8 6.1 -2.5
SPHB Invesco S&P 500 High Beta ETF 0.8 25 42 5.3 -3.3
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.8 15 52 7.3 -1.3
KOMP SPDR S&P Kensho New Economies Composite ETF 0.8 20 47 3.7 -4.9
JHSC John Hancock Multifactor Small Cap ETF 0.8 42 25 6.9 -1.7
XJR iShares ESG Screened S&P Small-Cap ETF 0.8 12 55 6.6 -2.0
PSC Principal U.S. Small-Cap ETF 0.8 38 29 6.9 -1.7
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.8 32 35 17.8 +9.2
ROE Astoria US Quality Kings ETF 0.8 49 18 7.0 -1.6
JOET Virtus Terranova US Quality Momentum ETF 0.7 29 38 5.0 -3.6
FDWM Fidelity Women's Leadership ETF 0.7 59 8 3.2 -5.4
IJR iShares Core S&P Small Cap ETF 0.7 6 61 7.3 -1.3
FEM First Trust Emerging Markets AlphaDEX Fund 0.7 80 -13 13.8 +5.2
PSCI Invesco S&P SmallCap Industrials ETF 0.7 29 38 5.9 -2.7
BKSE BNY Mellon US Small Cap Core Equity ETF 0.7 4 63 5.9 -2.7
DES WisdomTree U.S. SmallCap Dividend Fund 0.7 38 29 8.7 +0.1
ABFL Abacus FCF Leaders ETF 0.7 59 8 5.8 -2.8
VIOO Vanguard S&P Small-Cap 600 ETF 0.7 10 57 7.2 -1.4
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.7 3 64 7.4 -1.2
PSCT Invesco S&P SmallCap Information Technology ETF 0.6 29 38 6.0 -2.6
BIBL Inspire 100 ETF 0.6 35 32 4.7 -3.9
EQAL Invesco Russell 1000 Equal Weight ETF 0.6 20 47 6.6 -2.0
ETHO Etho Climate Leadership U.S. ETF 0.6 47 20 5.5 -3.1
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 0.6 60 7 5.3 -3.3
IWN iShares Russell 2000 Value ETF 0.6 24 43 5.8 -2.8
NULV Nuveen ESG Large-Cap Value ETF 0.6 26 41 6.2 -2.4
VTWV Vanguard Russell 2000 Value ETF 0.6 15 52 5.9 -2.7
ZAP Global X U.S. Electrification ETF 0.6 50 17 4.7 -3.9
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.6 10 57 4.2 -4.4
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.6 10 57 3.3 -5.3
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.6 45 22 0.0 -8.6
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.5 17 50 5.7 -2.9
RSSL Global X Russell 2000 ETF 0.5 8 59 3.6 -5.0
IWM iShares Russell 2000 ETF 0.5 19 48 3.6 -5.0
VTWO Vanguard Russell 2000 ETF 0.5 10 57 3.8 -4.8
NORW Global X MSCI Norway ETF 0.5 50 17 10.2 +1.6
ENOR iShares MSCI Norway ETF 0.5 53 14 10.2 +1.6
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.5 80 -13 11.8 +3.2
IWO iShares Russell 2000 Growth ETF 0.5 24 43 1.5 -7.1
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.5 9 58 4.0 -4.6
VTWG Vanguard Russell 2000 Growth ETF 0.5 15 52 1.5 -7.1
HAP VanEck Natural Resources ETF 0.5 50 17 10.0 +1.5
NETZ TCW Transform Systems ETF 0.5 75 -8 3.4 -5.2
WCEO Hypatia Women CEO ETF 0.5 85 -18 -1.3 -9.9
GQRE FlexShares Global Quality Real Estate Index Fund 0.5 45 22 4.1 -4.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.5 39 28 4.0 -4.6
VOT Vanguard Mid-Cap Growth ETF 0.5 7 60 3.7 -4.9
VBK Vanguard Small-Cap Growth ETF 0.5 7 60 1.7 -6.9
DFNV Donoghue Forlines Innovation ETF 0.5 69 -2 5.1 -3.5
IJJ iShares S&P Mid-Cap 400 Value ETF 0.5 18 49 8.6 +0.1
ISCV iShares Morningstar Small Cap Value ETF 0.5 6 61 8.4 -0.2
MDYV SPDR S&P 400 Mid Cap Value ETF 0.5 15 52 8.7 +0.1
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.5 15 52 8.7 +0.1
BFOR ALPS Barron's 400 ETF 0.4 65 2 6.2 -2.4
EES WisdomTree U.S. SmallCap Fund 0.4 38 29 9.1 +0.5
STXK Strive Small-Cap ETF 0.4 18 49 5.5 -3.1
USMF WisdomTree U.S. Multifactor Fund 0.4 28 39 6.7 -1.9
RZV Invesco S&P Smallcap 600 Pure Value ETF 0.4 35 32 10.9 +2.3
HKND Humankind US Stock ETF 0.4 11 56 7.5 -1.1
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.4 25 42 7.8 -0.8
EZM WisdomTree U.S. MidCap Fund 0.4 38 29 9.3 +0.7
BLES Inspire Global Hope ETF 0.4 61 6 6.8 -1.8
FYT First Trust Small Cap Value AlphaDEX Fund 0.4 73 -6 9.9 +1.3
IMCG iShares Morningstar Mid-Cap Growth ETF 0.4 6 61 4.1 -4.5
SQLV Royce Quant Small-Cap Quality Value ETF 0.4 60 7 9.6 +1.0
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.4 95 -28 0.7 -7.9
GWX SPDR S&P International Small Cap ETF 0.4 40 27 6.7 -1.9
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.4 60 7 6.4 -2.2
JHMM John Hancock Multifactor Mid Cap ETF 0.4 42 25 6.5 -2.1
FQAL Fidelity Quality Factor ETF 0.4 15 52 5.9 -2.7
SHUS Syntax Stratified U.S. Total Market Hedged ETF 0.4 65 2 5.4 -3.2
SSPY Syntax Stratified LargeCap ETF 0.4 30 37 6.6 -2.0
PXH Invesco FTSE RAFI Emerging Markets ETF 0.4 49 18 16.7 +8.1
IJT iShares S&P Small-Cap 600 Growth ETF 0.4 18 49 5.1 -3.5
VLUE iShares MSCI USA Value Factor ETF 0.4 15 52 10.2 +1.6
DFAS Dimensional U.S. Small Cap ETF 0.4 26 41 6.9 -1.7
ECLN First Trust EIP Carbon Impact ETF 0.4 96 -29 4.0 -4.6
SFYX SoFi Next 500 ETF 0.3 0 67 3.6 -5.0
FNDA Schwab Fundamental US Small Co. Index ETF 0.3 25 42 6.6 -2.0
SLYG SPDR S&P 600 Small Cap Growth ETF 0.3 15 52 5.1 -3.5
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.3 15 52 5.3 -3.3
IEUS iShares MSCI Europe Small-Cap ETF 0.3 42 25 7.2 -1.4
ISCB iShares Morningstar Small-Cap ETF 0.3 4 63 5.6 -3.0
AVES Avantis Emerging Markets Value ETF 0.3 36 31 12.2 +3.6
VB Vanguard Small-Cap ETF 0.3 5 62 5.7 -2.9
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.3 39 28 9.8 +1.2
SCHA Schwab U.S. Small-Cap ETF 0.3 4 63 5.3 -3.3
RSP Invesco S&P 500 Equal Weight ETF 0.3 20 47 6.3 -2.3
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.3 24 43 7.6 -1.0
GINN Goldman Sachs Innovate Equity ETF 0.3 52 15 4.4 -4.2
FESM Fidelity Enhanced Small Cap ETF 0.3 28 39 3.8 -4.8
AIEQ AI Powered Equity ETF 0.3 75 -8 4.1 -4.5
NULC Nuveen ESG Large-Cap ETF 0.3 21 46 5.0 -3.6
IWP iShares Russell Mid-Cap Growth ETF 0.3 23 44 3.7 -4.9
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.3 15 52 7.3 -1.3
SCZ iShares MSCI EAFE Small-Cap ETF 0.3 40 27 7.4 -1.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.3 59 8 13.7 +5.1
DEM WisdomTree Emerging Markets High Dividend Fund 0.3 63 4 13.6 +5.0
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.3 58 9 9.0 +0.4
XLK Technology Select Sector SPDR Fund 0.3 8 59 5.3 -3.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 55 5.1 -3.5
GXC SPDR S&P China ETF 0.3 59 8 16.7 +8.1
AVSC Avantis U.S Small Cap Equity ETF 0.3 25 42 6.6 -2.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 63 6.1 -2.5
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.3 35 32 21.6 +13.0
VXF Vanguard Extended Market ETF 0.2 6 61 4.5 -4.1
TPSC Timothy Plan US Small Cap Core ETF 0.2 52 15 7.2 -1.4
FTEC Fidelity MSCI Information Technology Index ETF 0.2 8 59 4.7 -3.9
FYX First Trust Small Cap Core AlphaDEX Fund 0.2 61 6 5.9 -2.7
MDY SPDR S&P Midcap 400 ETF Trust 0.2 24 43 7.2 -1.4
IJH iShares Core S&P Mid-Cap ETF 0.2 5 62 7.4 -1.2
VGT Vanguard Information Technology ETF 0.2 10 57 4.7 -3.9
GVLU Gotham 1000 Value ETF 0.2 50 17 9.1 +0.5
STXM Strive Mid-Cap ETF 0.2 18 49 3.6 -5.0
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.2 3 64 7.4 -1.2
VFMV Vanguard U.S. Minimum Volatility ETF 0.2 13 54 5.5 -3.1
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.2 29 38 7.4 -1.2
FLCH Franklin FTSE China ETF 0.2 19 48 17.2 +8.6
IVOO Vanguard S&P Mid-Cap 400 ETF 0.2 10 57 7.3 -1.3
FLDZ RiverNorth Patriot ETF 0.2 75 -8 5.9 -2.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 58 6.1 -2.5
DON WisdomTree U.S. MidCap Dividend Fund 0.2 38 29 8.3 -0.3
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 2 8.1 -0.5
IWR iShares Russell Midcap ETF 0.2 19 48 5.8 -2.8
VBR Vanguard Small Cap Value ETF 0.2 7 60 8.5 -0.1
VO Vanguard Mid-Cap ETF 0.2 4 63 5.6 -3.0
VPU Vanguard Utilities ETF 0.2 10 57 5.5 -3.1
FUTY Fidelity MSCI Utilities Index ETF 0.2 8 59 5.5 -3.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.2 35 32 4.7 -3.9
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 0.2 42 25 5.5 -3.1
MCHI iShares MSCI China ETF 0.2 59 8 17.8 +9.3
DTAN Sparkline International Intangible Value ETF 0.2 55 12 7.2 -1.4
ISCG iShares Morningstar Small-Cap Growth ETF 0.2 6 61 2.7 -5.9
IMCB iShares Morningstar Mid-Cap ETF 0.2 4 63 6.0 -2.6
DLS WisdomTree International SmallCap Dividend Fund 0.2 58 9 8.9 +0.3
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.2 7 60 6.2 -2.4
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.2 52 15 5.6 -3.0
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.2 58 9 5.6 -3.0
IWS iShares Russell Mid-Cap Value ETF 0.2 23 44 6.5 -2.1
DFE WisdomTree Europe SmallCap Dividend Fund 0.2 58 9 8.4 -0.2
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.2 15 52 4.3 -4.3
DFIS Dimensional International Small Cap ETF 0.2 39 28 7.9 -0.7
IGM iShares Expanded Tech Sector ETF 0.2 41 26 4.6 -4.0
VIS Vanguard Industrials ETF 0.2 10 57 4.9 -3.7
DFLV Dimensional US Large Cap Value ETF 0.2 22 45 8.2 -0.4
EIPX FT Energy Income Partners Strategy ETF 0.2 95 -28 7.4 -1.2
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 28 10.2 +1.6
IDU iShares U.S. Utilities ETF 0.2 40 27 4.9 -3.7
PTL Inspire 500 ETF 0.2 9 58 5.4 -3.2
DEW WisdomTree Global High Dividend Fund 0.2 58 9 7.7 -0.9
FIDU Fidelity MSCI Industrial Index ETF 0.2 8 59 4.9 -3.7
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 47 5.5 -3.1
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.2 70 -3 7.8 -0.8
DHS WisdomTree U.S. High Dividend Fund 0.2 38 29 7.8 -0.8
TTAC FCF US Quality ETF 0.2 59 8 6.1 -2.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 7 60 7.0 -1.6
SMLF iShares U.S. SmallCap Equity Factor ETF 0.2 15 52 6.0 -2.6
IXN iShares Global Tech ETF 0.2 41 26 4.5 -4.1
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 58 6.0 -2.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.2 21 46 4.3 -4.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.2 25 42 5.9 -2.7
AVEM Avantis Emerging Markets Equity ETF 0.2 33 34 9.7 +1.1
SIZE iShares MSCI USA Size Factor ETF 0.1 15 52 5.8 -2.8
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.1 18 49 4.9 -3.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 18 7.3 -1.3
DFEV Dimensional Emerging Markets Value ETF 0.1 43 24 14.5 +5.9
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 43 7.6 -1.0
FSMD Fidelity Small-Mid Multifactor ETF 0.1 15 52 7.0 -1.6
GQQQ Astoria US Quality Growth Kings ETF 0.1 35 32 5.6 -3.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.1 38 29 9.9 +1.4
DFSV Dimensional US Small Cap Value ETF 0.1 31 36 10.9 +2.3
AFK VanEck Africa Index ETF 0.1 98 -31 12.6 +4.0
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -22 4.5 -4.1
VEGN US Vegan Climate ETF 0.1 60 7 4.6 -4.0
HLGE Hartford Longevity Economy ETF 0.1 44 23 5.5 -3.1
BKF iShares MSCI BIC ETF 0.1 69 -2 13.0 +4.4
WOMN Impact Shares YWCA Women's Empowerment ETF 0.1 75 -8 5.2 -3.4
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 52 6.4 -2.2
JVAL JPMorgan U.S. Value Factor ETF 0.1 12 55 8.5 -0.1
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 39 10.0 +1.4
THRO iShares U.S. Thematic Rotation Active ETF 0.1 90 -23 4.4 -4.2
IWC iShares Micro-Cap ETF 0.1 60 7 -1.1 -9.6
SCHC Schwab International Small-Cap Equity ETF 0.1 11 56 7.1 -1.5
DFUV Dimensional US Marketwide Value ETF 0.1 22 45 8.1 -0.5
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 50 6.0 -2.6
CFA VictoryShares US 500 Volatility Wtd ETF 0.1 35 32 6.1 -2.5
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.1 40 27 6.0 -2.6
VWO Vanguard FTSE Emerging Markets ETF 0.1 8 59 10.9 +2.3
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 43 6.6 -2.0
SUSA iShares MSCI USA ESG Select ETF 0.1 25 42 5.0 -3.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.1 30 37 8.6 +0.0
ONEY SPDR Russell 1000 Yield Focus ETF 0.1 20 47 9.1 +0.5
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 28 6.3 -2.3
FLAX Franklin FTSE Asia Ex Japan ETF 0.1 19 48 10.8 +2.3
SCHG Schwab U.S. Large-Cap Growth ETF 0.1 4 63 4.4 -4.2
DISV Dimensional International Small Cap Value ETF 0.1 42 25 9.7 +1.1
DFVX Dimensional US Large Cap Vector ETF 0.1 22 45 6.6 -2.0
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 49 6.0 -2.6
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 60 10.9 +2.3
ILCG iShares Morningstar Growth ETF 0.1 4 63 4.1 -4.5
IUSV iShares Core S&P US Value ETF 0.1 4 63 6.5 -2.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 58 6.1 -2.5
EEMA iShares MSCI Emerging Markets Asia ETF 0.1 49 18 10.7 +2.1
AVUS Avantis U.S. Equity ETF 0.1 15 52 6.3 -2.3
GMF SPDR S&P Emerging Asia Pacific ETF 0.1 49 18 10.0 +1.4
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 52 5.1 -3.5
VUG Vanguard Growth ETF 0.1 4 63 4.3 -4.3
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 58 10.9 +2.3
QGRO American Century U.S. Quality Growth ETF 0.1 29 38 3.8 -4.8
AVSD Avantis Responsible International Equity ETF 0.1 23 44 6.8 -1.8
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 58 5.0 -3.6
DFAE Dimensional Emerging Core Equity Market ETF 0.1 35 32 10.2 +1.6
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 28 5.4 -3.2
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 67 0 10.1 +1.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 64 5.2 -3.4
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.1 45 22 4.9 -3.7
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.1 70 -3 9.8 +1.2
STXG Strive 1000 Growth ETF 0.1 18 49 4.2 -4.4
SFY SoFi Select 500 ETF 0.1 0 67 4.8 -3.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.1 30 37 10.6 +2.0
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 55 6.5 -2.1
JHML John Hancock Multifactor Large Cap ETF 0.1 29 38 5.6 -3.0
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 52 8.6 +0.0
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 64 5.5 -3.1
DCOR Dimensional US Core Equity 1 ETF 0.1 14 53 5.8 -2.8
SCHE Schwab Emerging Markets Equity ETF 0.1 11 56 11.6 +3.0
CRTC Xtrackers US National Critical Technologies ETF 0.1 35 32 5.3 -3.3
USXF iShares ESG Advanced MSCI USA ETF 0.1 10 57 4.9 -3.7
FMDE Fidelity Enhanced Mid Cap ETF 0.1 23 44 5.8 -2.8
DFAU Dimensional US Core Equity Market ETF 0.1 12 55 5.5 -3.1
IWV iShares Russell 3000 ETF 0.1 20 47 5.0 -3.6
STXV Strive 1000 Value ETF 0.1 18 49 7.5 -1.1
VTI Vanguard Total Stock Market ETF 0.1 3 64 5.2 -3.4
IWD iShares Russell 1000 Value ETF 0.1 19 48 6.5 -2.1
VONV Vanguard Russell 1000 Value ETF 0.1 8 59 6.6 -2.0
VTHR Vanguard Russell 3000 ETF 0.1 10 57 5.2 -3.4
VSGX Vanguard ESG International Stock ETF 0.1 12 55 8.2 -0.4
EEM iShares MSCI Emerging Markets ETF 0.1 69 -2 10.7 +2.1
VLU SPDR S&P 1500 Value Tilt ETF 0.1 12 55 7.2 -1.4
IVE iShares S&P 500 Value ETF 0.1 18 49 6.2 -2.4
SPYV SPDR Portfolio S&P 500 Value ETF 0.1 4 63 6.4 -2.2
VOOV Vanguard S&P 500 Value ETF 0.1 10 57 6.3 -2.3
SCHB Schwab U.S. Broad Market ETF 0.1 3 64 5.3 -3.3
IYY iShares Dow Jones U.S. ETF 0.1 20 47 5.1 -3.5
HLAL Wahed FTSE USA Shariah ETF 0.1 50 17 5.2 -3.4
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 53 5.2 -3.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.1 32 35 9.6 +1.0
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.1 18 49 7.2 -1.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 56 5.2 -3.4
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 43 6.4 -2.2
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 58 5.0 -3.6
VFVA Vanguard U.S. Value Factor ETF 0.1 13 54 11.7 +3.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 1 10.2 +1.6
VT Vanguard Total World Stock ETF 0.1 7 60 6.3 -2.3
DFUS Dimensional U.S. Equity ETF 0.1 9 58 5.3 -3.3
DFIC Dimensional International Core Equity 2 ETF 0.1 23 44 7.9 -0.7
DSI iShares MSCI KLD 400 Social ETF 0.1 25 42 5.2 -3.4
SUSL iShares ESG MSCI USA Leaders ETF 0.1 10 57 5.3 -3.3
EMXF iShares ESG Advanced MSCI EM ETF 0.1 16 51 8.4 -0.2
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 47 6.8 -1.8
VXUS Vanguard Total International Stock ETF 0.1 7 60 8.3 -0.3
IXUS iShares Core MSCI Total International Stock ETF 0.1 7 60 8.3 -0.3
EPS WisdomTree U.S. LargeCap Fund 0.1 8 59 6.1 -2.5
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.1 10 57 5.3 -3.3
SNPV Xtrackers S&P 500 Value ESG ETF 0.1 15 52 5.4 -3.2
FNCL Fidelity MSCI Financials Index ETF 0.1 8 59 6.6 -2.0
DFJ WisdomTree Japan SmallCap Dividend Fund 0.1 58 9 8.3 -0.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 65 5.3 -3.3
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 58 4.7 -3.9
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 58 4.4 -4.2
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 38 5.1 -3.5
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.1 45 22 6.6 -2.0
XVV iShares ESG Screened S&P 500 ETF 0.1 8 59 5.1 -3.5
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 52 10.8 +2.2
GLBL Pacer MSCI World Industry Advantage ETF 0.0 65 2 5.0 -3.6
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 63 7.4 -1.2
APIE ActivePassive International Equity ETF 0.0 45 22 7.7 -0.9
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.0 20 47 5.0 -3.6
IWB iShares Russell 1000 ETF 0.0 15 52 5.2 -3.4
VONE Vanguard Russell 1000 ETF 0.0 8 59 5.3 -3.3
IVV iShares Core S&P 500 ETF 0.0 3 64 5.3 -3.3
SPY SPDR S&P 500 ETF Trust 0.0 9 58 5.2 -3.4
VOO Vanguard S&P 500 ETF 0.0 3 64 5.3 -3.3
SPLG SPDR Portfolio S&P 500 ETF 0.0 2 65 5.3 -3.3
VFH Vanguard Financials ETF 0.0 10 57 6.6 -2.0
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.0 60 7 4.7 -3.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.0 30 37 9.3 +0.7
SCHX Schwab U.S. Large-Cap ETF 0.0 3 64 5.3 -3.3
IEFA iShares Core MSCI EAFE ETF 0.0 7 60 7.4 -1.2
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 64 5.2 -3.4
SCHK Schwab 1000 Index ETF 0.0 5 62 5.3 -3.3
USMV iShares MSCI USA Min Vol Factor ETF 0.0 15 52 5.5 -3.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 55 4.5 -4.1
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.0 8 59 5.3 -3.3
SMMD iShares Russell 2500 ETF 0.0 15 52 6.2 -2.4
VEU Vanguard FTSE All-World ex-US Index Fund 0.0 8 59 8.5 -0.1
DFAI Dimensional International Core Equity Market ETF 0.0 18 49 7.6 -1.0
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.0 36 31 11.2 +2.6
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 39 6.2 -2.4
AVDV Avantis International Small Cap Value ETF 0.0 36 31 10.9 +2.4
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 55 4.8 -3.8
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 47 5.3 -3.3
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.0 7 60 5.2 -3.4
XMAG Defiance Large Cap ex-Mag 7 ETF 0.0 35 32 4.6 -4.0
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.0 58 9 7.7 -0.9
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.0 20 47 7.4 -1.2
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 49 5.8 -2.8
VGK Vanguard FTSE Europe ETF 0.0 11 56 7.5 -1.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 26 9.4 +0.8
VV Vanguard Large-Cap ETF 0.0 4 63 5.2 -3.4
VEA Vanguard FTSE Developed Markets ETF 0.0 5 62 7.6 -1.0
QVML Invesco S&P 500 QVM Multi-factor ETF 0.0 11 56 5.4 -3.2
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.0 5 62 7.1 -1.5
IEUR iShares Core MSCI Europe ETF 0.0 11 56 7.4 -1.2
IVW iShares S&P 500 Growth ETF 0.0 18 49 4.5 -4.1
SPYG SPDR Portfolio S&P 500 Growth ETF 0.0 4 63 4.7 -3.9
VOOG Vanguard S&P 500 Growth ETF 0.0 10 57 4.6 -4.0
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 28 7.0 -1.6
AVLV Avantis U.S. Large Cap Value ETF 0.0 15 52 8.1 -0.5
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.0 9 58 5.0 -3.6
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 67 5.3 -3.3
VOTE TCW Transform 500 ETF 0.0 5 62 5.2 -3.4
HEDJ WisdomTree Europe Hedged Equity Fund 0.0 58 9 6.6 -2.0
REVS Columbia Research Enhanced Value ETF 0.0 19 48 7.6 -1.0
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 50 6.9 -1.7
BKEM BNY Mellon Emerging Markets Equity ETF 0.0 11 56 11.8 +3.2
AVDE Avantis International Equity ETF 0.0 23 44 8.0 -0.6
INRO iShares U.S. Industry Rotation Active ETF 0.0 42 25 4.1 -4.5
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 63 4.7 -3.9
IWF iShares Russell 1000 Growth ETF 0.0 19 48 4.8 -3.8
VONG Vanguard Russell 1000 Growth ETF 0.0 8 59 4.9 -3.7
PBUS Invesco MSCI USA ETF 0.0 4 63 5.2 -3.4
STRV Strive 500 ETF 0.0 5 62 5.2 -3.4
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 42 7.3 -1.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.0 20 47 6.0 -2.6
RVRB Reverb ETF 0.0 30 37 3.7 -4.9
SCHF Schwab International Equity ETF 0.0 6 61 7.7 -0.9
ACWI iShares MSCI ACWI ETF 0.0 32 35 6.0 -2.6
IGRO iShares International Dividend Growth ETF 0.0 15 52 7.3 -1.3
TOK iShares MSCI Kokusai ETF 0.0 26 41 5.2 -3.4
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 52 5.8 -2.8
RWL Invesco S&P 500 Revenue ETF 0.0 39 28 7.0 -1.6
IETC iShares U.S. Tech Independence Focused ETF 0.0 18 49 4.7 -3.9
IUS Invesco RAFI Strategic US ETF 0.0 19 48 7.1 -1.5
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.0 39 28 16.9 +8.3
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 64 7.5 -1.1
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.0 75 -8 3.7 -4.9
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 18 5.9 -2.7
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 58 5.5 -3.1
MODL VictoryShares WestEnd U.S. Sector ETF 0.0 42 25 5.0 -3.6
URTH iShares MSCI World ETF 0.0 24 43 5.5 -3.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 26 7.1 -1.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.0 18 49 8.1 -0.5
FLEE Franklin FTSE Europe ETF 0.0 9 58 7.0 -1.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 28 8.3 -0.3
RECS Columbia Research Enhanced Core ETF 0.0 15 52 6.2 -2.4
XCNY SPDR S&P Emerging Markets ex-China ETF 0.0 15 52 0.0 -8.6
ACWX iShares MSCI ACWI ex U.S. ETF 0.0 34 33 8.1 -0.5
VYMI Vanguard International High Dividend Yield ETF 0.0 22 45 10.0 +1.4
SPEU SPDR Portfolio Europe ETF 0.0 7 60 7.5 -1.1
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 42 10.1 +1.5
DIVB iShares Core Dividend ETF 0.0 5 62 7.7 -0.9
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 44 8.6 0.0
SCJ iShares MSCI Japan Small-Cap ETF 0.0 50 17 6.8 -1.8
CWI SPDR MSCI ACWI ex-US ETF 0.0 30 37 8.2 -0.4
VYM Vanguard High Dividend Yield Index ETF 0.0 6 61 7.3 -1.3
GSPY Gotham Enhanced 500 ETF 0.0 50 17 5.5 -3.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 38 6.4 -2.2
BKIE BNY Mellon International Equity ETF 0.0 4 63 7.3 -1.3
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 47 7.1 -1.5
JHEM John Hancock Multifactor Emerging Markets ETF 0.0 49 18 10.5 +1.9
AVUV Avantis U.S. Small Cap Value ETF 0.0 25 42 10.8 +2.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 27 7.5 -1.1
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.0 58 9 10.1 +1.5
TXS Texas Capital Texas Equity Index ETF 0.0 49 18 5.1 -3.5
VPL Vanguard FTSE Pacific ETF 0.0 8 59 7.7 -0.9
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 37 5.9 -2.7
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 42 7.4 -1.2
IPAC iShares Core MSCI Pacific ETF 0.0 9 58 7.1 -1.5
FBCG Fidelity Blue Chip Growth ETF 0.0 59 8 3.4 -5.2
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 28 7.0 -1.6

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:		 Invesco Solar ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

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

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.8 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 67 bp
Equals: ALTAR Score 8.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.61 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.