Invesco Solar ETF
ALTAR
Score™		 6.2% info Recommen-
dation		 OVERWEIGHT
2024E    2025E
P/E
ratio		 16.3x P/Sales
ratio		 1.2x
P/BV
ratio		 1.2x Div.
yield		 1.4%


  • 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) $1,126
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 38
Wgt avg mkt cap (mns) $5,778
Large cap (>$10bn) 20.1%
Mid cap ($2-10bn) 51.3%
Small cap (<$2bn) 26.7%
Developed mkts 74.5%
Emerging mkts 25.5%

TOP TEN HOLDINGS
FIRST SOLAR INC 12.4 %
ENPHASE ENERGY INC 9.4 %
NEXTRACKER, INC. CLASS A 8.0 %
HANNON ARMSTRONG SUSTAINABLE 5.2 %
SOLAREDGE TECHNOLOGIES, INC. 5.0 %
GCL POLY ENERGY HOLDINGS LTD 4.8 %
XINYI SOLAR HOLDINGS LTD 4.7 %
SUNRUN INC. 4.1 %
ENCAVIS AG 3.6 %
ARRAY TECHNOLOGIES INC 3.5 %
Total 60.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 54.9 %
CHINA 11.1 %
GERMANY 5.5 %
HONG KONG 4.8 %
ISRAEL 4.1 %
TAIWAN 3.6 %
FRANCE 2.6 %
SOUTH KOREA 2.5 %
SPAIN 1.8 %
CANADA 1.7 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-19.1% -44.4% 13.4% 0.9% -9.0%

Market Correlations
versus... Beta R-squared
S&P500 1.31 33%
MSCI EAFE 1.26 28%
MSCI Emg. Mkts. 1.29 32%

Technical Indicators
Recent close $39.79
30d moving avg. $45.71
Annualized volatility 40.4%
Short interest (ETF) 6.5%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 1,339
Turnover 4.7%
Bid/Ask (% of price) 0.11%
ADV underlying (mns) $1,408

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 466 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™: 6.2%


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
(%)
RAYS Global X Solar ETF 49.2 51 16 4.7 -1.5
FRNW Fidelity Clean Energy ETF 44.7 39 28 3.7 -2.5
CTEC Global X CleanTech ETF 41.0 50 17 1.0 -5.2
ICLN iShares Global Clean Energy ETF 36.4 41 26 4.3 -1.9
VCLN Virtus Duff & Phelps Clean Energy ETF 30.1 59 8 3.5 -2.7
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 30.0 58 9 -0.3 -6.5
ACES ALPS Clean Energy ETF 29.5 55 12 -5.0 -11.2
CNRG SPDR S&P Kensho Clean Power ETF 27.0 45 22 -7.5 -13.6
PBD Invesco Global Clean Energy ETF 20.8 75 -8 -3.9 -10.0
RNRG Global X Renewable Energy Producers ETF 17.7 66 1 4.9 -1.3
PBW Invesco WilderHill Clean Energy ETF 17.0 66 1 -19.8 -26.0
RNEW VanEck Green Infrastructure ETF 16.4 45 22 -0.4 -6.6
ERTH Invesco MSCI Sustainable Future ETF 16.2 62 5 3.7 -2.5
ETEC iShares Breakthrough Environmental Solutions ETF 14.8 47 20 5.3 -0.8
SMOG VanEck Low Carbon Energy ETF 13.0 61 6 3.0 -3.1
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 10.8 79 -12 5.1 -1.0
CCSO Carbon Collective Climate Solutions US Equity ETF 8.7 35 32 2.3 -3.8
MVPS Amplify Thematic All-Stars ETF 7.2 49 18 1.7 -4.5
KGRN KraneShares MSCI China Clean Technology Index ETF 6.4 79 -12 6.5 +0.3
BNE Blue Horizon BNE ETF 5.7 87 -20 5.0 -1.2
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 5.4 75 -8 7.8 +1.7
ITEQ BlueStar Israel Technology ETF BlueStar Israel Technology Fu 5.3 75 -8 1.6 -4.6
FAN First Trust Global Wind Energy ETF 5.2 60 7 5.5 -0.6
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 5.0 55 12 3.6 -2.5
MORT VanEck Mortgage REIT Income ETF 4.6 43 24 13.7 +7.5
OCEN IQ Clean Oceans ETF 4.0 45 22 5.3 -0.9
DTEC ALPS Disruptive Technologies ETF 4.0 50 17 3.3 -2.9
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 4.0 45 22 6.2 +0.1
GSFP Goldman Sachs Future Planet Equity ETF 3.6 75 -8 4.5 -1.6
TCHI iShares MSCI China Multisector Tech ETF 3.5 59 8 3.0 -3.1
XSD SPDR S&P Semiconductor ETF 3.4 35 32 5.1 -1.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 3.3 58 9 4.6 -1.6
RSPT Invesco S&P 500 Equal Weight Technology ETF 3.2 40 27 5.6 -0.6
SIMS SPDR S&P Kensho Intelligent Structures ETF 3.1 45 22 -3.3 -9.4
FCA First Trust China AlphaDEX Fund 3.0 80 -13 17.7 +11.5
ISRA VanEck Israel ETF 2.9 59 8 8.9 +2.8
AIRR First Trust RBA American Industrial Renaissance ETF 2.8 70 -3 5.3 -0.9
CLNR IQ Cleaner Transport ETF 2.8 45 22 8.3 +2.1
IPO Renaissance IPO ETF 2.8 60 7 -3.2 -9.4
FXN First Trust Energy AlphaDEX Fund 2.7 62 5 3.4 -2.7
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 2.7 20 47 5.4 -0.7
BECO BlackRock Future Climate and Sustainable Economy ETF 2.5 70 -3 13.7 +7.6
PSCT Invesco S&P SmallCap Information Technology ETF 2.4 29 38 6.5 +0.3
QQQJ Invesco NASDAQ Next Gen 100 ETF 2.4 15 52 4.7 -1.4
SPHB Invesco S&P 500 High Beta ETF 2.4 25 42 5.0 -1.2
JSML Janus Henderson Small Cap Growth Alpha ETF 2.3 30 37 9.3 +3.2
NBDS Neuberger Berman Disrupters ETF 2.3 55 12 1.9 -4.2
ECNS iShares MSCI China Small-Cap ETF 2.3 59 8 14.2 +8.0
NUMG Nuveen ESG Mid-Cap Growth ETF 2.3 31 36 3.7 -2.4
SDG iShares MSCI Global Sustainable Development Goals ETF 2.3 49 18 5.8 -0.4
HAIL SPDR S&P Kensho Smart Mobility ETF 2.2 45 22 -2.0 -8.2
PGJ Invesco Golden Dragon China ETF 2.1 70 -3 4.9 -1.2
FXU First Trust Utilities AlphaDEX Fund 2.1 64 3 6.2 +0.1
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 2.1 29 38 6.1 -0.0
TMFX Motley Fool Next Index ETF 2.1 50 17 3.4 -2.8
FTGS First Trust Growth Strength ETF 2.0 60 7 6.5 +0.3
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.9 45 22 4.9 -1.3
BLLD JPMorgan Sustainable Infrastructure ETF 1.9 49 18 6.2 +0.0
XT iShares Exponential Technologies ETF 1.9 46 21 3.9 -2.3
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 1.8 30 37 12.3 +6.2
IYE iShares U.S. Energy ETF 1.7 40 27 6.5 +0.4
IJS iShares S&P Small-Cap 600 Value ETF 1.6 18 49 9.3 +3.2
SLYV SPDR S&P 600 Small Cap Value ETF 1.6 15 52 9.4 +3.2
TRFM AAM Transformers ETF 1.6 49 18 1.3 -4.9
SPGP Invesco S&P 500 GARP ETF 1.6 34 33 8.5 +2.4
EIS iShares MSCI Israel ETF 1.6 58 9 9.5 +3.3
TEMP JPMorgan Climate Change Solutions ETF 1.6 49 18 4.7 -1.5
NUMV Nuveen ESG Mid-Cap Value ETF 1.5 31 36 7.4 +1.2
PID Invesco International Dividend Achievers ETF 1.5 53 14 6.7 +0.6
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.5 65 2 3.8 -2.3
FDWM Fidelity Women's Leadership ETF 1.4 59 8 4.8 -1.4
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.3 52 15 6.3 +0.2
QQQS Invesco NASDAQ Future Gen 200 ETF 1.3 20 47 -7.8 -14.0
JCHI JPMorgan Active China ETF 1.3 65 2 7.9 +1.8
GURU Global X Guru Index ETF 1.3 75 -8 2.5 -3.6
QQQN VictoryShares Nasdaq Next 50 ETF 1.2 18 49 4.5 -1.6
NETZ TCW Transform Systems ETF 1.2 75 -8 3.4 -2.7
PSCI Invesco S&P SmallCap Industrials ETF 1.2 29 38 6.0 -0.1
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 1.2 35 32 9.0 +2.9
CXSE WisdomTree China ex-State-Owned Enterprises Fund 1.1 32 35 5.7 -0.5
SSPX Janus Henderson U.S. Sustainable Equity ETF 1.1 55 12 4.0 -2.2
NUSC Nuveen ESG Small-Cap ETF 1.1 31 36 5.2 -1.0
PABU iShares Paris-Aligned Climate MSCI USA ETF 1.1 10 57 4.8 -1.3
HAP VanEck Natural Resources ETF 1.1 50 17 9.5 +3.3
NZUS SPDR MSCI USA Climate Paris Aligned ETF 1.0 10 57 4.9 -1.3
KOMP SPDR S&P Kensho New Economies Composite ETF 1.0 20 47 2.1 -4.1
PSCF Invesco S&P SmallCap Financials ETF 1.0 29 38 10.2 +4.1
VOT Vanguard Mid-Cap Growth ETF 1.0 7 60 4.2 -2.0
DKRB Subversive Decarbonization ETF 1.0 75 -8 0.0 -6.2
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.9 49 18 4.8 -1.4
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.9 72 -5 2.2 -4.0
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.9 3 64 8.2 +2.1
BIBL Inspire 100 ETF 0.9 35 32 4.8 -1.3
IJR iShares Core S&P Small Cap ETF 0.9 6 61 8.2 +2.0
VRAI Virtus Real Asset Income ETF 0.9 55 12 8.6 +2.4
WLDR Affinity World Leaders Equity ETF 0.9 67 0 8.5 +2.4
OALC OneAscent Large Cap Core ETF 0.9 86 -19 5.9 -0.3
ETHO Etho Climate Leadership U.S. ETF 0.9 47 20 4.1 -2.1
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.8 75 -8 3.2 -3.0
EQAL Invesco Russell 1000 Equal Weight ETF 0.8 20 47 6.0 -0.2
BKSE BNY Mellon US Small Cap Core Equity ETF 0.8 4 63 5.7 -0.4
FPX First Trust US Equity Opportunities ETF 0.8 61 6 0.6 -5.5
XJR iShares ESG Screened S&P Small-Cap ETF 0.8 12 55 7.8 +1.6
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 0.8 60 7 5.0 -1.1
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.8 9 58 4.0 -2.2
IWO iShares Russell 2000 Growth ETF 0.8 24 43 1.4 -4.7
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 0.8 18 49 7.9 +1.7
NULG Nuveen ESG Large-Cap Growth ETF 0.8 26 41 4.4 -1.8
NULV Nuveen ESG Large-Cap Value ETF 0.7 26 41 7.1 +1.0
CHGX AXS Change Finance ESG ETF 0.7 49 18 5.1 -1.1
AVES Avantis Emerging Markets Value ETF 0.7 36 31 12.1 +5.9
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.7 39 28 4.5 -1.6
WBIY WBI Power Factor High Dividend ETF 0.7 100 -33 11.0 +4.8
EES WisdomTree U.S. SmallCap Fund 0.7 38 29 10.3 +4.2
WNDY Global X Wind Energy ETF 0.7 50 17 5.2 -1.0
IMCG iShares Morningstar Mid-Cap Growth ETF 0.7 6 61 4.3 -1.9
BATT Amplify Lithium & Battery Technology ETF 0.7 59 8 2.9 -3.3
SQLV Royce Quant Small-Cap Quality Value ETF 0.7 60 7 9.0 +2.9
STXK Strive Small-Cap ETF 0.7 18 49 5.5 -0.6
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.6 70 -3 1.8 -4.3
JHMM John Hancock Multifactor Mid Cap ETF 0.6 42 25 6.6 +0.5
DFNV Donoghue Forlines Innovation ETF 0.6 69 -2 5.0 -1.1
TTAC FCF US Quality ETF 0.6 59 8 6.5 +0.4
RZV Invesco S&P Smallcap 600 Pure Value ETF 0.6 35 32 10.5 +4.3
SSLY Syntax Stratified SmallCap ETF 0.6 40 27 7.5 +1.3
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.6 17 50 5.4 -0.7
IEUS iShares MSCI Europe Small-Cap ETF 0.6 42 25 0.0 -6.2
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.6 12 55 5.1 -1.1
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.5 15 52 8.2 +2.1
BUZZ VanEck Social Sentiment ETF 0.5 75 -8 -0.7 -6.8
GINN Goldman Sachs Innovate Equity ETF 0.5 52 15 2.7 -3.5
VIDI Vident International Equity Strategy ETF 0.5 61 6 11.9 +5.8
IWM iShares Russell 2000 ETF 0.5 19 48 3.6 -2.6
SSPY Syntax Stratified LargeCap ETF 0.5 30 37 6.5 +0.3
VTWG Vanguard Russell 2000 Growth ETF 0.5 15 52 1.7 -4.4
TPSC Timothy Plan US Small Cap Core ETF 0.5 52 15 7.6 +1.5
PXH Invesco FTSE RAFI Emerging Markets ETF 0.5 49 18 12.4 +6.3
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 0.5 59 8 8.5 +2.3
VO Vanguard Mid-Cap ETF 0.5 4 63 5.8 -0.3
ISCV iShares Morningstar Small Cap Value ETF 0.5 6 61 8.1 +2.0
BLES Inspire Global Hope ETF 0.5 61 6 6.3 +0.2
IWP iShares Russell Mid-Cap Growth ETF 0.5 23 44 3.8 -2.3
ENOR iShares MSCI Norway ETF 0.4 53 14 7.6 +1.4
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.4 15 52 6.3 +0.1
BFOR ALPS Barron's 400 ETF 0.4 65 2 6.6 +0.4
NORW Global X MSCI Norway ETF 0.4 50 17 7.5 +1.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.4 9 58 6.0 -0.2
GLIF AGF Global Infrastructure ETF 0.4 45 22 5.5 -0.7
FSST Fidelity Sustainable U.S. Equity ETF 0.4 59 8 4.9 -1.2
SCZ iShares MSCI EAFE Small-Cap ETF 0.4 40 27 0.0 -6.2
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 0.4 42 25 7.5 +1.4
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.4 35 32 7.6 +1.5
FLDZ RiverNorth Patriot ETF 0.4 75 -8 5.8 -0.3
SHPP Pacer Industrials and Logistics ETF 0.4 60 7 8.9 +2.7
QDEF FlexShares Quality Dividend Defensive Index Fund 0.4 37 30 4.8 -1.3
MCHI iShares MSCI China ETF 0.4 59 8 8.9 +2.8
GXC SPDR S&P China ETF 0.4 59 8 9.0 +2.9
ISCB iShares Morningstar Small-Cap ETF 0.4 4 63 5.3 -0.8
SMLF iShares U.S. SmallCap Equity Factor ETF 0.4 15 52 5.8 -0.4
NULC Nuveen ESG Large-Cap ETF 0.4 21 46 5.5 -0.6
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 47 6.2 +0.1
FLCH Franklin FTSE China ETF 0.4 19 48 9.6 +3.4
XLK Technology Select Sector SPDR Fund 0.4 9 58 5.2 -0.9
FEM First Trust Emerging Markets AlphaDEX Fund 0.4 80 -13 16.3 +10.1
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.4 95 -28 1.7 -4.5
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.4 39 28 9.4 +3.3
IQM Franklin Intelligent Machines ETF 0.4 50 17 3.1 -3.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.4 7 60 5.8 -0.4
VBK Vanguard Small-Cap Growth ETF 0.4 7 60 1.5 -4.7
VTWO Vanguard Russell 2000 ETF 0.4 10 57 3.9 -2.3
EWY iShares MSCI South Korea ETF 0.3 58 9 8.5 +2.4
IDU iShares U.S. Utilities ETF 0.3 40 27 5.5 -0.6
IWR iShares Russell Midcap ETF 0.3 19 48 5.7 -0.5
VGT Vanguard Information Technology ETF 0.3 10 57 4.7 -1.5
SCHA Schwab U.S. Small-Cap ETF 0.3 4 63 4.9 -1.3
JHSC John Hancock Multifactor Small Cap ETF 0.3 42 25 6.2 +0.1
SIZE iShares MSCI USA Size Factor ETF 0.3 15 52 6.0 -0.2
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.3 64 3 2.1 -4.1
IMCB iShares Morningstar Mid-Cap ETF 0.3 4 63 6.1 -0.0
ISCG iShares Morningstar Small-Cap Growth ETF 0.3 6 61 2.5 -3.7
AVSC Avantis U.S Small Cap Equity ETF 0.3 25 42 5.4 -0.7
DFIS Dimensional International Small Cap ETF 0.3 39 28 6.7 +0.6
IGM iShares Expanded Tech Sector ETF 0.3 41 26 4.5 -1.7
RNSC Furst Trust Small Cap US Equity Select ETF 0.3 60 7 8.4 +2.3
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.3 52 15 5.4 -0.7
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.3 58 9 5.4 -0.8
EUSA iShares MSCI USA Equal Weighted ETF 0.3 9 58 6.2 0.0
FNX First Trust Mid Cap Core AlphaDEX Fund 0.3 60 7 6.0 -0.1
FTEC Fidelity MSCI Information Technology Index ETF 0.3 8 59 4.8 -1.4
FUTY Fidelity MSCI Utilities Index ETF 0.3 8 59 6.3 +0.1
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.3 15 52 8.7 +2.5
IWS iShares Russell Mid-Cap Value ETF 0.3 23 44 6.6 +0.5
VFQY Vanguard U.S. Quality Factor ETF 0.3 13 54 7.2 +1.1
FIDU Fidelity MSCI Industrial Index ETF 0.3 8 59 4.7 -1.4
FNDA Schwab Fundamental US Small Co. Index ETF 0.3 25 42 6.8 +0.7
FLKR Franklin FTSE South Korea ETF 0.3 9 58 9.4 +3.2
CN Xtrackers MSCI All China Equity ETF 0.3 50 17 8.7 +2.5
VIOO Vanguard S&P Small-Cap 600 ETF 0.3 10 57 7.8 +1.6
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.3 24 43 7.8 +1.7
FYT First Trust Small Cap Value AlphaDEX Fund 0.3 73 -6 11.7 +5.6
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.3 7 60 6.5 +0.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.3 32 35 6.3 +0.1
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.3 25 42 8.8 +2.7
VB Vanguard Small-Cap ETF 0.2 5 62 5.4 -0.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.2 38 29 8.2 +2.1
IXN iShares Global Tech ETF 0.2 41 26 4.3 -1.8
FYC First Trust Small Cap Growth AlphaDEX Fund 0.2 71 -4 0.9 -5.3
IWN iShares Russell 2000 Value ETF 0.2 24 43 5.6 -0.6
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.2 70 -3 7.2 +1.1
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 2 7.7 +1.5
VPU Vanguard Utilities ETF 0.2 10 57 6.2 +0.1
AVEM Avantis Emerging Markets Equity ETF 0.2 33 34 9.1 +2.9
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.2 15 52 7.0 +0.8
VLUE iShares MSCI USA Value Factor ETF 0.2 15 52 10.7 +4.6
VTWV Vanguard Russell 2000 Value ETF 0.2 15 52 5.8 -0.4
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.2 30 37 7.6 +1.5
AVLV Avantis U.S. Large Cap Value ETF 0.2 15 52 7.5 +1.3
XPND First Trust Expanded Technology ETF 0.2 65 2 3.9 -2.3
DFAS Dimensional U.S. Small Cap ETF 0.2 26 41 6.0 -0.1
IJT iShares S&P Small-Cap 600 Growth ETF 0.2 18 49 7.0 +0.9
SLYG SPDR S&P 600 Small Cap Growth ETF 0.2 15 52 7.1 +0.9
SCHC Schwab International Small-Cap Equity ETF 0.2 11 56 6.4 +0.3
BKF iShares MSCI BIC ETF 0.2 69 -2 7.1 +0.9
SFY SoFi Select 500 ETF 0.2 0 67 5.2 -1.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 63 6.1 -0.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.2 21 46 3.9 -2.3
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 55 4.8 -1.3
VXF Vanguard Extended Market ETF 0.2 6 61 3.9 -2.2
FTC First Trust Large Cap Growth AlphaDEX Fund 0.2 59 8 2.8 -3.4
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 52 5.2 -0.9
AFSM First Trust Active Factor Small Cap ETF 0.2 75 -8 7.6 +1.5
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.2 15 52 7.6 +1.5
DFEV Dimensional Emerging Markets Value ETF 0.2 43 24 10.9 +4.8
FYX First Trust Small Cap Core AlphaDEX Fund 0.2 61 6 7.2 +1.0
USXF iShares ESG Advanced MSCI USA ETF 0.2 10 57 5.2 -1.0
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.2 80 -13 11.0 +4.9
EMXF iShares ESG Advanced MSCI EM ETF 0.2 16 51 7.4 +1.3
GWX SPDR S&P International Small Cap ETF 0.2 40 27 6.6 +0.5
VEGN US Vegan Climate ETF 0.2 60 7 4.7 -1.5
AVDV Avantis International Small Cap Value ETF 0.2 36 31 8.0 +1.8
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.2 15 52 4.9 -1.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 18 6.7 +0.5
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.2 25 42 5.7 -0.5
DON WisdomTree U.S. MidCap Dividend Fund 0.2 38 29 8.6 +2.5
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 53 5.4 -0.8
EEMA iShares MSCI Emerging Markets Asia ETF 0.2 49 18 6.7 +0.5
SMDY Syntax Stratified MidCap ETF 0.2 35 32 6.3 +0.2
DFSI Dimensional International Sustainability Core 1 ETF 0.2 24 43 6.2 +0.1
ITAN Sparkline Intangible Value ETF 0.2 50 17 6.2 0.0
SPHQ Invesco S&P 500 Quality ETF 0.2 15 52 5.4 -0.7
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.2 70 -3 6.3 +0.1
VOOG Vanguard S&P 500 Growth ETF 0.2 10 57 5.5 -0.7
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.2 10 57 5.4 -0.8
VBR Vanguard Small Cap Value ETF 0.2 7 60 8.2 +2.0
SCHG Schwab U.S. Large-Cap Growth ETF 0.2 4 63 4.3 -1.8
FLAX Franklin FTSE Asia Ex Japan ETF 0.2 19 48 7.2 +1.0
AVUS Avantis U.S. Equity ETF 0.2 15 52 6.0 -0.1
CFA VictoryShares US 500 Volatility Wtd ETF 0.2 35 32 6.0 -0.2
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.2 40 27 5.9 -0.2
VWO Vanguard FTSE Emerging Markets ETF 0.1 8 59 7.6 +1.4
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 58 7.5 +1.4
JHML John Hancock Multifactor Large Cap ETF 0.1 29 38 5.6 -0.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.1 30 37 7.5 +1.3
IVE iShares S&P 500 Value ETF 0.1 18 49 6.6 +0.4
SPYV SPDR Portfolio S&P 500 Value ETF 0.1 4 63 6.7 +0.6
SUSA iShares MSCI USA ESG Select ETF 0.1 25 42 5.4 -0.8
ILCG iShares Morningstar Growth ETF 0.1 4 63 4.1 -2.0
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 1 7.2 +1.0
GMF SPDR S&P Emerging Asia Pacific ETF 0.1 49 18 6.4 +0.2
IUSV iShares Core S&P US Value ETF 0.1 4 63 6.8 +0.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.1 30 37 7.8 +1.6
VUG Vanguard Growth ETF 0.1 4 63 4.3 -1.9
EEM iShares MSCI Emerging Markets ETF 0.1 69 -2 7.0 +0.8
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 9 8.8 +2.6
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.1 45 22 4.7 -1.5
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 50 5.7 -0.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 58 5.7 -0.4
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.1 45 22 8.6 +2.4
ISMD Inspire Small/Mid Cap ETF 0.1 54 13 6.1 -0.1
STXG Strive 1000 Growth ETF 0.1 18 49 4.2 -1.9
AFMC First Trust Active Factor Mid Cap ETF 0.1 65 2 7.5 +1.3
AFK VanEck Africa Index ETF 0.1 98 -31 10.0 +3.9
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 0.1 35 32 5.4 -0.7
DFUV Dimensional US Marketwide Value ETF 0.1 22 45 7.6 +1.5
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.1 30 37 8.5 +2.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 8 9.6 +3.4
FSMD Fidelity Small-Mid Multifactor ETF 0.1 15 52 7.6 +1.5
VIS Vanguard Industrials ETF 0.1 10 57 4.5 -1.7
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.1 41 26 7.8 +1.7
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 60 7.5 +1.3
DHS WisdomTree U.S. High Dividend Fund 0.1 38 29 8.8 +2.6
VONV Vanguard Russell 1000 Value ETF 0.1 8 59 6.7 +0.6
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 49 6.7 +0.5
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 58 5.1 -1.1
EGUS iShares ESG Aware MSCI USA Growth ETF 0.1 18 49 4.3 -1.8
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 64 5.1 -1.0
IWD iShares Russell 1000 Value ETF 0.1 19 48 6.6 +0.4
TMFE Motley Fool Capital Efficiency 100 Index ETF 0.1 50 17 4.7 -1.4
IYY iShares Dow Jones U.S. ETF 0.1 20 47 5.1 -1.1
DFAE Dimensional Emerging Core Equity Market ETF 0.1 35 32 7.7 +1.6
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 60 5.2 -1.0
IWV iShares Russell 3000 ETF 0.1 20 47 5.0 -1.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 47 6.7 +0.6
SCHE Schwab Emerging Markets Equity ETF 0.1 11 56 7.6 +1.4
ROUS Hartford Multifactor US Equity ETF 0.1 19 48 6.4 +0.3
DFIC Dimensional International Core Equity 2 ETF 0.1 23 44 7.4 +1.3
SCHB Schwab U.S. Broad Market ETF 0.1 3 64 5.2 -0.9
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 58 5.3 -0.9
VTHR Vanguard Russell 3000 ETF 0.1 10 57 5.1 -1.1
VT Vanguard Total World Stock ETF 0.1 7 60 5.8 -0.3
JHEM John Hancock Multifactor Emerging Markets ETF 0.1 49 18 8.3 +2.2
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 64 5.4 -0.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.1 39 28 12.5 +6.4
HLAL Wahed FTSE USA Shariah ETF 0.1 50 17 5.0 -1.2
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 58 5.2 -1.0
VTI Vanguard Total Stock Market ETF 0.1 3 64 5.1 -1.1
VSGX Vanguard ESG International Stock ETF 0.1 12 55 6.8 +0.7
IVOO Vanguard S&P Mid-Cap 400 ETF 0.1 10 57 6.9 +0.8
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.1 45 22 6.2 +0.1
XVV iShares ESG Screened S&P 500 ETF 0.1 8 59 5.1 -1.0
VOO Vanguard S&P 500 ETF 0.1 3 64 5.3 -0.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 52 7.1 +0.9
ONEY SPDR Russell 1000 Yield Focus ETF 0.1 20 47 10.0 +3.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 47 5.6 -0.6
DFUS Dimensional U.S. Equity ETF 0.1 9 58 5.1 -1.0
DFJ WisdomTree Japan SmallCap Dividend Fund 0.1 58 9 7.5 +1.4
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 39 8.2 +2.1
IXUS iShares Core MSCI Total International Stock ETF 0.1 7 60 6.9 +0.8
SCJ iShares MSCI Japan Small-Cap ETF 0.1 50 17 6.4 +0.2
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 58 5.3 -0.9
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 38 9.1 +3.0
VONE Vanguard Russell 1000 ETF 0.1 8 59 5.2 -0.9
SFYX SoFi Next 500 ETF 0.1 0 67 5.6 -0.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 47 5.1 -1.1
DFAU Dimensional US Core Equity Market ETF 0.1 12 55 5.4 -0.8
IWB iShares Russell 1000 ETF 0.1 15 52 5.1 -1.0
SCHX Schwab U.S. Large-Cap ETF 0.1 3 64 5.3 -0.9
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 56 5.2 -0.9
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 31 7.5 +1.3
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 65 5.3 -0.9
SPY SPDR S&P 500 ETF Trust 0.1 9 58 5.2 -0.9
SCHM Schwab U.S. Mid-Cap ETF 0.1 4 63 6.3 +0.2
IVV iShares Core S&P 500 ETF 0.1 3 64 5.3 -0.9
ESGE iShares ESG Aware MSCI EM ETF 0.1 25 42 7.7 +1.5
QGRW WisdomTree U.S. Quality Growth Fund 0.1 28 39 4.7 -1.5
EPS WisdomTree U.S. LargeCap Fund 0.1 8 59 6.3 +0.1
SCHK Schwab 1000 Index ETF 0.1 5 62 5.3 -0.9
VXUS Vanguard Total International Stock ETF 0.1 7 60 7.1 +1.0
JVAL JPMorgan U.S. Value Factor ETF 0.1 12 55 8.4 +2.2
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 38 5.1 -1.0
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 67 5.3 -0.9
DSI iShares MSCI KLD 400 Social ETF 0.1 25 42 5.1 -1.0
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -22 4.8 -1.4
VOTE TCW Transform 500 ETF 0.1 5 62 5.2 -0.9
DFSU Dimensional US Sustainability Core 1 ETF 0.1 18 49 5.7 -0.5
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.1 24 43 8.0 +1.8
PBUS Invesco MSCI USA ETF 0.1 4 63 5.3 -0.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 65 5.3 -0.9
VV Vanguard Large-Cap ETF 0.1 4 63 5.2 -0.9
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.1 58 9 7.3 +1.1
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 64 5.3 -0.9
ISCF iShares International SmallCap Equity Factor ETF 0.1 23 44 8.8 +2.6
STRV Strive 500 ETF 0.1 5 62 5.2 -1.0
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 0.1 20 47 10.7 +4.5
IEUR iShares Core MSCI Europe ETF 0.1 11 56 -1.3 -7.5
IDEV iShares Core MSCI International Developed Markets ETF 0.1 4 63 6.7 +0.6
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 56 7.7 +1.5
SMMD iShares Russell 2500 ETF 0.1 15 52 6.0 -0.2
LDEM iShares ESG MSCI EM Leaders ETF 0.1 17 50 7.8 +1.6
RECS Columbia Research Enhanced Core ETF 0.1 15 52 5.6 -0.5
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.1 58 9 9.1 +2.9
RVRB Reverb ETF 0.1 30 37 5.0 -1.2
ACWI iShares MSCI ACWI ETF 0.1 32 35 5.5 -0.7
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.1 20 47 7.5 +1.3
IMFL Invesco International Developed Dynamic Multifactor ETF 0.1 34 33 10.6 +4.5
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.1 29 38 7.4 +1.2
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.1 9 58 5.0 -1.1
IWC iShares Micro-Cap ETF 0.1 60 7 -4.3 -10.5
SPEU SPDR Portfolio Europe ETF 0.1 7 60 6.6 +0.4
IEFA iShares Core MSCI EAFE ETF 0.1 7 60 2.7 -3.4
DFLV Dimensional US Large Cap Value ETF 0.1 22 45 7.8 +1.7
XSHQ Invesco S&P SmallCap Quality ETF 0.1 29 38 10.1 +3.9
DEW WisdomTree Global High Dividend Fund 0.1 58 9 9.1 +3.0
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -8 3.8 -2.4
XC WisdomTree Emerging Markets Ex-China Fund 0.1 32 35 6.2 +0.1
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 28 7.3 +1.2
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 8 59 7.2 +1.0
VONG Vanguard Russell 1000 Growth ETF 0.1 8 59 4.8 -1.3
IWF iShares Russell 1000 Growth ETF 0.1 19 48 4.7 -1.4
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 58 5.8 -0.3
AVDE Avantis International Equity ETF 0.1 23 44 7.9 +1.7
VEA Vanguard FTSE Developed Markets ETF 0.1 5 62 7.0 +0.9
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 58 5.5 -0.7
DISV Dimensional International Small Cap Value ETF 0.1 42 25 9.2 +3.1
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 34 7.2 +1.0
URTH iShares MSCI World ETF 0.1 24 43 5.4 -0.8
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 67 0 9.2 +3.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 64 6.9 +0.8
TOK iShares MSCI Kokusai ETF 0.1 26 41 5.3 -0.9
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 28 7.3 +1.1
DFAI Dimensional International Core Equity Market ETF 0.1 18 49 6.9 +0.7
VGK Vanguard FTSE Europe ETF 0.1 11 56 6.8 +0.7
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.0 20 47 8.0 +1.8
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 47 5.1 -1.1
QVML Invesco S&P 500 QVM Multi-factor ETF 0.0 11 56 5.2 -1.0
AVIV Avantis International Large Cap Value ETF 0.0 25 42 8.9 +2.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 26 6.7 +0.5
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.0 32 35 5.2 -1.0
FNCL Fidelity MSCI Financials Index ETF 0.0 8 59 6.5 +0.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.0 18 49 7.6 +1.4
ACWV iShares MSCI Global Min Vol Factor ETF 0.0 20 47 6.7 +0.6
EZM WisdomTree U.S. MidCap Fund 0.0 38 29 8.2 +2.0
DFSV Dimensional US Small Cap Value ETF 0.0 31 36 8.9 +2.7
ACWX iShares MSCI ACWI ex U.S. ETF 0.0 34 33 6.7 +0.5
DEHP Dimensional Emerging Markets High Profitability ETF 0.0 41 26 7.3 +1.1
EMXC iShares MSCI Emerging Markets ex China ETF 0.0 25 42 6.7 +0.5
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 42 7.1 +1.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 60 5.2 -1.0
VFH Vanguard Financials ETF 0.0 10 57 6.4 +0.3
DUHP Dimensional US High Profitability ETF 0.0 21 46 7.0 +0.8
LRGF iShares U.S. Equity Factor ETF 0.0 8 59 5.8 -0.3
REVS Columbia Research Enhanced Value ETF 0.0 19 48 7.7 +1.6
IETC iShares U.S. Tech Independence Focused ETF 0.0 18 49 4.4 -1.7
VPL Vanguard FTSE Pacific ETF 0.0 8 59 7.0 +0.8
RAFE PIMCO RAFI ESG U.S. ETF 0.0 29 38 7.2 +1.0
GLOF iShares Global Equity Factor ETF 0.0 20 47 7.1 +0.9
SCHF Schwab International Equity ETF 0.0 6 61 7.0 +0.9
HDUS Hartford Disciplined US Equity ETF 0.0 19 48 6.2 +0.1
RWL Invesco S&P 500 Revenue ETF 0.0 39 28 6.6 +0.5
JPXN iShares JPX-Nikkei 400 ETF 0.0 48 19 7.5 +1.3
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 55 7.1 +1.0
FLEU Franklin FTSE Eurozone ETF 0.0 9 58 6.7 +0.5
CWI SPDR MSCI ACWI ex-US ETF 0.0 30 37 6.8 +0.7
APIE ActivePassive International Equity ETF 0.0 45 22 7.7 +1.6
TXS Texas Capital Texas Equity Index ETF 0.0 49 18 5.6 -0.6
APUE ActivePassive U.S. Equity ETF 0.0 45 22 5.0 -1.2
JGRO JPMorgan Active Growth ETF 0.0 44 23 3.4 -2.7
IVW iShares S&P 500 Growth ETF 0.0 18 49 4.5 -1.7
SPYG SPDR Portfolio S&P 500 Growth ETF 0.0 4 63 4.6 -1.5
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 63 4.6 -1.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 22 8.5 +2.3
VYM Vanguard High Dividend Yield Index ETF 0.0 6 61 7.3 +1.2
GSPY Gotham Enhanced 500 ETF 0.0 50 17 5.3 -0.9
STXV Strive 1000 Value ETF 0.0 18 49 7.8 +1.7
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 42 7.1 +1.0
HFXI IQ FTSE International Equity Currency Neutral ETF 0.0 20 47 6.8 +0.7
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 42 9.1 +2.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 38 6.3 +0.1
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 47 7.1 +1.0
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 47 6.7 +0.5
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 18 6.0 -0.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.0 39 28 6.9 +0.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 55 4.5 -1.7
BKIE BNY Mellon International Equity ETF 0.0 4 63 6.9 +0.7
FLEE Franklin FTSE Europe ETF 0.0 9 58 6.8 +0.7
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 39 6.5 +0.4
ROAM Hartford Multifactor Emerging Markets ETF 0.0 44 23 11.7 +5.5
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 52 6.1 -0.1
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 50 7.1 +0.9
HEDJ WisdomTree Europe Hedged Equity Fund 0.0 58 9 8.4 +2.2
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.0 58 9 10.1 +4.0
DIVB iShares Core Dividend ETF 0.0 5 62 8.0 +1.9
IPAC iShares Core MSCI Pacific ETF 0.0 9 58 6.7 +0.5
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 28 7.6 +1.5
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 37 6.1 -0.1
KRUZ Unusual Whales Subversive Republican Trading ETF 0.0 75 -8 4.9 -1.2

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2019 2020 2021 2022 2023 2024E 2025E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Invesco Solar 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 8.0 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 67 bp
Equals: ALTAR Score 6.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.47 CATEGORY
AVERAGE		 1.50
 
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.