Invesco Solar ETF
ALTAR
Score™		 10.4% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 21.9x P/Sales
ratio		 1.0x
P/BV
ratio		 1.0x Div.
yield		 2.0%


  • 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) $842
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 34
Wgt avg mkt cap (mns) $5,294
Large cap (>$10bn) 17.0%
Mid cap ($2-10bn) 47.9%
Small cap (<$2bn) 29.2%
Developed mkts 68.9%
Emerging mkts 31.1%

TOP TEN HOLDINGS
FIRST SOLAR INC 9.8 %
NEXTRACKER, INC. CLASS A 8.1 %
GCL POLY ENERGY HOLDINGS LTD 8.0 %
ENPHASE ENERGY INC 6.4 %
XINYI SOLAR HOLDINGS LTD 4.9 %
ENCAVIS AG 4.8 %
SUNRUN INC. 4.0 %
NEOEN S.A. 3.9 %
HANNON ARMSTRONG SUSTAINABLE 3.4 %
CLEARWAY ENERGY, INC. CLASS C 3.1 %
Total 56.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 43.9 %
CHINA 14.1 %
HONG KONG 8.0 %
ISRAEL 5.8 %
GERMANY 5.7 %
TAIWAN 4.4 %
FRANCE 3.9 %
BRITAIN 2.4 %
SPAIN 2.4 %
JAPAN 1.9 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-29.0% -9.7% 6.3% 1.0% -9.4%

Market Correlations
versus... Beta R-squared
S&P500 1.30 32%
MSCI EAFE 1.44 40%
MSCI Emg. Mkts. 1.33 33%

Technical Indicators
Recent close $34.65
30d moving avg. $39.83
Annualized volatility 40.0%
Short interest (ETF) 7.7%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 1,595
Turnover 6.6%
Bid/Ask (% of price) 0.11%
ADV underlying (mns) $2,398

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 486 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™: 10.4%


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 35.0 39 28 2.6 -7.9
CTEC Global X CleanTech ETF 34.2 50 17 2.9 -7.6
RAYS Global X Solar ETF 33.8 51 16 6.9 -3.5
VCLN Virtus Duff & Phelps Clean Energy ETF 26.6 59 8 3.9 -6.6
CNRG SPDR S&P Kensho Clean Power ETF 24.5 45 22 2.8 -7.6
ACES ALPS Clean Energy ETF 24.3 55 12 -4.4 -14.8
ICLN iShares Global Clean Energy ETF 22.0 41 26 6.0 -4.5
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 20.8 58 9 -3.0 -13.4
PBD Invesco Global Clean Energy ETF 19.4 75 -8 -5.3 -15.7
RNRG Global X Renewable Energy Producers ETF 18.0 66 1 5.5 -4.9
PBW Invesco WilderHill Clean Energy ETF 13.9 66 1 -13.7 -24.2
ETEC iShares Breakthrough Environmental Solutions ETF 12.9 47 20 8.0 -2.5
ERTH Invesco MSCI Sustainable Future ETF 11.4 62 5 3.6 -6.8
SMOG VanEck Low Carbon Energy ETF 10.0 61 6 2.4 -8.1
RNEW VanEck Green Infrastructure ETF 9.6 45 22 -1.5 -11.9
SDG iShares MSCI Global Sustainable Development Goals ETF 9.4 49 18 5.6 -4.8
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 9.2 79 -12 5.1 -5.4
CCSO Carbon Collective Climate Solutions US Equity ETF 6.5 35 32 1.9 -8.5
KGRN KraneShares MSCI China Clean Technology Index ETF 5.7 79 -12 5.6 -4.8
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 5.0 55 12 2.9 -7.6
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 4.9 45 22 5.7 -4.8
BNE Blue Horizon BNE ETF 4.7 87 -20 4.6 -5.9
CCNR ALPS CoreCommodity Natural Resources ETF 4.6 39 28 11.0 +0.6
QQQN VictoryShares Nasdaq Next 50 ETF 4.4 18 49 4.9 -5.6
FCA First Trust China AlphaDEX Fund 4.2 80 -13 16.2 +5.7
FAN First Trust Global Wind Energy ETF 4.1 60 7 5.5 -4.9
OCEN IQ Clean Oceans ETF 4.0 45 22 6.1 -4.4
MORT VanEck Mortgage REIT Income ETF 3.4 43 24 12.7 +2.3
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 3.4 75 -8 7.9 -2.5
SIMS SPDR S&P Kensho Intelligent Structures ETF 3.3 45 22 -6.9 -17.4
DTEC ALPS Disruptive Technologies ETF 3.3 50 17 3.7 -6.8
IBAT iShares Energy Storage & Materials ETF 3.2 47 20 3.1 -7.3
CLNR IQ Cleaner Transport ETF 3.0 45 22 6.8 -3.6
BECO BlackRock Future Climate and Sustainable Economy ETF 2.9 70 -3 11.9 +1.5
TCHI iShares MSCI China Multisector Tech ETF 2.9 59 8 1.9 -8.6
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 2.8 29 38 0.0 -10.4
IPO Renaissance IPO ETF 2.8 60 7 -4.3 -14.8
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 2.7 65 2 1.6 -8.8
OCFS Otter Creek Focus Strategy ETF 2.6 85 -18 4.5 -5.9
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 2.6 30 37 10.0 -0.5
XSD SPDR S&P Semiconductor ETF 2.5 35 32 4.9 -5.6
MADE iShares U.S. Manufacturing ETF 2.5 40 27 5.5 -5.0
ITEQ BlueStar Israel Technology ETF 2.4 75 -8 1.2 -9.3
RSMC Rockefeller U.S. Small-Mid Cap ETF 2.3 75 -8 5.4 -5.0
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 2.3 20 47 5.6 -4.9
FXU First Trust Utilities AlphaDEX Fund 2.2 64 3 5.5 -4.9
NUMV Nuveen ESG Mid-Cap Value ETF 2.2 31 36 6.6 -3.8
LIVR Intelligent Livermore ETF 2.1 69 -2 6.0 -4.4
NUMG Nuveen ESG Mid-Cap Growth ETF 2.0 31 36 3.4 -7.1
TEMP JPMorgan Climate Change Solutions ETF 2.0 49 18 5.5 -5.0
SPHB Invesco S&P 500 High Beta ETF 1.9 25 42 3.5 -6.9
RSPT Invesco S&P 500 Equal Weight Technology ETF 1.9 40 27 5.7 -4.8
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.9 15 52 4.5 -5.9
BLLD JPMorgan Sustainable Infrastructure ETF 1.9 49 18 5.7 -4.8
MVPS Amplify Thematic All-Stars ETF 1.8 49 18 2.7 -7.8
FDWM Fidelity Women's Leadership ETF 1.8 59 8 4.7 -5.8
PGJ Invesco Golden Dragon China ETF 1.7 70 -3 4.9 -5.5
NETZ TCW Transform Systems ETF 1.7 75 -8 3.6 -6.9
NUSC Nuveen ESG Small-Cap ETF 1.7 31 36 5.0 -5.4
ECNS iShares MSCI China Small-Cap ETF 1.6 59 8 14.2 +3.7
IYE iShares U.S. Energy ETF 1.5 40 27 6.1 -4.4
TMFX Motley Fool Next Index ETF 1.5 50 17 2.8 -7.7
BIBL Inspire 100 ETF 1.5 35 32 5.1 -5.4
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.5 52 15 5.3 -5.2
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 1.4 49 18 4.4 -6.0
USRD Themes US R&D Champions ETF 1.4 29 38 7.0 -3.5
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 1.4 58 9 4.6 -5.9
JSML Janus Henderson Small Cap Growth Alpha ETF 1.4 30 37 6.5 -4.0
KOMP SPDR S&P Kensho New Economies Composite ETF 1.4 20 47 1.0 -9.4
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 1.4 59 8 3.9 -6.6
ARB AltShares Merger Arbitrage ETF 1.4 77 -10 4.4 -6.1
EIS iShares MSCI Israel ETF 1.3 58 9 8.5 -2.0
NBDS Neuberger Berman Disrupters ETF 1.3 55 12 1.5 -8.9
FSST Fidelity Sustainable U.S. Equity ETF 1.2 59 8 2.4 -8.0
SSPX Janus Henderson U.S. Sustainable Equity ETF 1.2 55 12 4.3 -6.2
VIOV Vanguard S&P Small-Cap 600 Value ETF 1.2 15 52 7.4 -3.0
AIEQ AI Powered Equity ETF 1.2 75 -8 3.9 -6.6
SFLO VictoryShares Small Cap Free Cash Flow ETF 1.2 49 18 10.2 -0.3
IJS iShares S&P Small-Cap 600 Value ETF 1.2 18 49 7.4 -3.0
ISRA VanEck Israel ETF 1.2 59 8 8.0 -2.5
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.1 30 37 5.4 -5.0
OPTZ Optimize Strategy Index ETF 1.1 50 17 2.9 -7.5
WCEO Hypatia Women CEO ETF 1.1 85 -18 4.2 -6.2
SLYV SPDR S&P 600 Small Cap Value ETF 1.1 15 52 7.4 -3.0
BDFIX Baron Discovery 1.1 75 -8 0.2 -10.3
NULV Nuveen ESG Large-Cap Value ETF 1.1 26 41 6.7 -3.7
VRAI Virtus Real Asset Income ETF 1.1 55 12 8.0 -2.5
WNDY Global X Wind Energy ETF 1.0 50 17 6.1 -4.4
XT iShares Exponential Technologies ETF 1.0 46 21 4.8 -5.7
JCHI JPMorgan Active China ETF 0.9 65 2 8.0 -2.5
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 0.9 35 32 5.2 -5.3
TRFM AAM Transformers ETF 0.9 49 18 2.0 -8.5
PUI Invesco Dorsey Wright Utilities Momentum ETF 0.9 60 7 5.4 -5.0
SMDV ProShares Russell 2000 Dividend Growers ETF 0.9 40 27 6.4 -4.0
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.9 75 -8 2.9 -7.6
PSCI Invesco S&P SmallCap Industrials ETF 0.8 29 38 5.2 -5.2
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.8 10 57 4.4 -6.0
SMCP AlphaMark Actively Managed Small Cap ETF 0.8 90 -23 3.9 -6.5
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.8 10 57 4.5 -5.9
PSCF Invesco S&P SmallCap Financials ETF 0.8 29 38 8.5 -2.0
HAIL SPDR S&P Kensho Smart Mobility ETF 0.8 45 22 -3.0 -13.5
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.8 45 22 -0.6 -11.0
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.8 70 -3 2.7 -7.7
ROE Astoria US Quality Kings ETF 0.8 49 18 7.2 -3.2
WBIY WBI Power Factor High Dividend ETF 0.7 100 -33 11.2 +0.7
BKSE BNY Mellon US Small Cap Core Equity ETF 0.7 4 63 4.8 -5.7
FEM First Trust Emerging Markets AlphaDEX Fund 0.7 80 -13 13.0 +2.6
XJR iShares ESG Screened S&P Small-Cap ETF 0.7 12 55 7.0 -3.5
BUL Pacer US Cash Cows Growth ETF 0.7 60 7 7.7 -2.7
ETHO Etho Climate Leadership U.S. ETF 0.7 47 20 3.4 -7.0
VOT Vanguard Mid-Cap Growth ETF 0.7 7 60 3.4 -7.1
ESIX SPDR S&P SmallCap 600 ESG ETF 0.7 12 55 7.4 -3.0
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.7 9 58 3.3 -7.1
GINN Goldman Sachs Innovate Equity ETF 0.7 52 15 2.8 -7.7
QQQS Invesco NASDAQ Future Gen 200 ETF 0.7 20 47 -10.7 -21.2
SSLY Syntax Stratified SmallCap ETF 0.7 40 27 7.4 -3.1
FTC First Trust Large Cap Growth AlphaDEX Fund 0.6 59 8 2.4 -8.0
VIDI Vident International Equity Strategy ETF 0.6 61 6 10.2 -0.2
IJR iShares Core S&P Small Cap ETF 0.6 6 61 6.6 -3.8
BATT Amplify Lithium & Battery Technology ETF 0.6 59 8 -0.1 -10.6
FXN First Trust Energy AlphaDEX Fund 0.6 62 5 8.3 -2.1
HAP VanEck Natural Resources ETF 0.6 50 17 10.0 -0.5
VIOO Vanguard S&P Small-Cap 600 ETF 0.6 10 57 6.6 -3.9
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.6 39 28 4.1 -6.4
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.6 3 64 6.7 -3.8
JHMM John Hancock Multifactor Mid Cap ETF 0.6 42 25 6.1 -4.4
ENOR iShares MSCI Norway ETF 0.5 53 14 7.5 -2.9
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.5 64 3 1.8 -8.6
NORW Global X MSCI Norway ETF 0.5 50 17 7.6 -2.9
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.5 32 35 6.1 -4.4
IWN iShares Russell 2000 Value ETF 0.5 24 43 4.8 -5.7
BLES Inspire Global Hope ETF 0.5 61 6 6.4 -4.0
HKND Humankind US Stock ETF 0.5 11 56 7.1 -3.3
VTWV Vanguard Russell 2000 Value ETF 0.5 15 52 4.9 -5.5
IQM Franklin Intelligent Machines ETF 0.5 50 17 3.2 -7.2
EES WisdomTree U.S. SmallCap Fund 0.5 38 29 9.1 -1.4
RZV Invesco S&P Smallcap 600 Pure Value ETF 0.5 35 32 8.1 -2.4
IMCG iShares Morningstar Mid-Cap Growth ETF 0.5 6 61 4.0 -6.5
IWM iShares Russell 2000 ETF 0.5 19 48 2.8 -7.7
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.5 15 52 7.5 -3.0
RFG Invesco S&P Midcap 400 Pure Growth ETF 0.5 35 32 5.1 -5.3
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 0.5 60 7 7.7 -2.7
TPSC Timothy Plan US Small Cap Core ETF 0.5 52 15 6.5 -3.9
RSSL Global X Russell 2000 ETF 0.5 8 59 2.6 -7.9
USMF WisdomTree U.S. Multifactor Fund 0.5 28 39 7.1 -3.3
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.5 24 43 7.0 -3.4
EQAL Invesco Russell 1000 Equal Weight ETF 0.5 20 47 6.3 -4.2
VTWO Vanguard Russell 2000 ETF 0.5 10 57 2.9 -7.6
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.4 35 32 12.4 +2.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.4 9 58 5.8 -4.7
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 0.4 35 32 4.6 -5.9
BFOR ALPS Barron's 400 ETF 0.4 65 2 5.6 -4.8
IWO iShares Russell 2000 Growth ETF 0.4 24 43 0.6 -9.9
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.4 35 32 6.2 -4.3
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 0.4 42 25 6.1 -4.3
SQLV Royce Quant Small-Cap Quality Value ETF 0.4 60 7 7.1 -3.3
FDTX Fidelity Disruptive Technology ETF 0.4 50 17 2.8 -7.7
AVES Avantis Emerging Markets Value ETF 0.4 36 31 11.6 +1.2
VTWG Vanguard Russell 2000 Growth ETF 0.4 15 52 0.7 -9.8
FEEM FlexShares ESG & Climate Emerging Markets Core Index ETF 0.4 18 49 6.8 -3.6
PXH Invesco FTSE RAFI Emerging Markets ETF 0.4 49 18 12.2 +1.8
SSPY Syntax Stratified LargeCap ETF 0.4 30 37 6.3 -4.1
GWX SPDR S&P International Small Cap ETF 0.4 40 27 6.5 -4.0
IEUS iShares MSCI Europe Small-Cap ETF 0.4 42 25 6.4 -4.0
PSCT Invesco S&P SmallCap Information Technology ETF 0.4 29 38 4.9 -5.6
FNX First Trust Mid Cap Core AlphaDEX Fund 0.4 60 7 6.8 -3.6
FTEC Fidelity MSCI Information Technology Index ETF 0.4 8 59 4.6 -5.9
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.4 52 15 5.1 -5.3
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.4 58 9 5.0 -5.4
SCHA Schwab U.S. Small-Cap ETF 0.4 4 63 4.4 -6.0
VLUE iShares MSCI USA Value Factor ETF 0.4 15 52 10.2 -0.3
FNDA Schwab Fundamental US Small Co. Index ETF 0.4 25 42 6.0 -4.5
IJK iShares S&P Mid-Cap 400 Growth ETF 0.4 17 50 5.7 -4.7
RNSC Furst Trust Small Cap US Equity Select ETF 0.4 60 7 6.8 -3.6
CZA Invesco Zacks Mid-Cap ETF 0.3 72 -5 5.6 -4.8
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.3 15 52 5.7 -4.7
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.3 15 52 5.7 -4.7
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.3 17 50 4.7 -5.8
PTL Inspire 500 ETF 0.3 9 58 5.6 -4.8
VBK Vanguard Small-Cap Growth ETF 0.3 7 60 1.1 -9.4
SCZ iShares MSCI EAFE Small-Cap ETF 0.3 40 27 6.6 -3.9
VO Vanguard Mid-Cap ETF 0.3 4 63 5.3 -5.1
SMLF iShares U.S. SmallCap Equity Factor ETF 0.3 15 52 4.6 -5.8
GXC SPDR S&P China ETF 0.3 59 8 8.3 -2.1
FLCH Franklin FTSE China ETF 0.3 19 48 8.8 -1.6
XLK Technology Select Sector SPDR Fund 0.3 9 58 5.1 -5.3
DFNV Donoghue Forlines Innovation ETF 0.3 69 -2 4.7 -5.8
FLDZ RiverNorth Patriot ETF 0.3 75 -8 5.2 -5.3
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.3 15 52 5.8 -4.7
ISCV iShares Morningstar Small Cap Value ETF 0.3 6 61 7.2 -3.3
AVSC Avantis U.S Small Cap Equity ETF 0.3 25 42 4.7 -5.8
ISCB iShares Morningstar Small-Cap ETF 0.3 4 63 4.8 -5.7
AVLV Avantis U.S. Large Cap Value ETF 0.3 15 52 7.1 -3.3
FUTY Fidelity MSCI Utilities Index ETF 0.3 8 59 5.4 -5.1
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.3 80 -13 10.8 +0.4
MCHI iShares MSCI China ETF 0.3 59 8 8.4 -2.1
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.3 29 38 6.5 -3.9
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.3 25 42 7.2 -3.2
ISCG iShares Morningstar Small-Cap Growth ETF 0.3 6 61 2.3 -8.2
RSP Invesco S&P 500 Equal Weight ETF 0.3 20 47 6.1 -4.4
VGT Vanguard Information Technology ETF 0.3 10 57 4.4 -6.1
SFYX SoFi Next 500 ETF 0.3 0 67 4.7 -5.7
FEX First Trust Large Cap Core AlphaDEX Fund 0.3 59 8 5.6 -4.9
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.3 7 60 5.3 -5.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 55 4.8 -5.7
IWP iShares Russell Mid-Cap Growth ETF 0.3 23 44 3.1 -7.4
IWR iShares Russell Midcap ETF 0.3 19 48 5.4 -5.0
IWS iShares Russell Mid-Cap Value ETF 0.3 23 44 6.2 -4.2
FIDU Fidelity MSCI Industrial Index ETF 0.3 8 59 4.5 -6.0
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 42 5.2 -5.2
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 46 3.8 -6.7
VFQY Vanguard U.S. Quality Factor ETF 0.3 13 54 7.5 -2.9
IMCB iShares Morningstar Mid-Cap ETF 0.2 4 63 5.7 -4.8
DFAS Dimensional U.S. Small Cap ETF 0.2 26 41 5.5 -4.9
VB Vanguard Small-Cap ETF 0.2 5 62 4.9 -5.5
SIZE iShares MSCI USA Size Factor ETF 0.2 15 52 5.6 -4.9
CFA VictoryShares US 500 Volatility Wtd ETF 0.2 35 32 5.6 -4.8
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.2 40 27 5.6 -4.9
IGM iShares Expanded Tech Sector ETF 0.2 41 26 4.4 -6.1
VPU Vanguard Utilities ETF 0.2 10 57 5.4 -5.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 47 4.6 -5.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.2 59 8 11.3 +0.8
JHSC John Hancock Multifactor Small Cap ETF 0.2 42 25 6.6 -3.9
STXK Strive Small-Cap ETF 0.2 18 49 5.0 -5.5
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 58 5.7 -4.8
DFIS Dimensional International Small Cap ETF 0.2 39 28 6.9 -3.6
VXF Vanguard Extended Market ETF 0.2 6 61 3.5 -7.0
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.2 39 28 5.8 -4.7
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 2 8.2 -2.3
FYT First Trust Small Cap Value AlphaDEX Fund 0.2 73 -6 7.8 -2.7
DFLV Dimensional US Large Cap Value ETF 0.2 22 45 7.4 -3.0
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.2 39 28 7.5 -2.9
ABCS Alpha Blue Capital US Small-Mid Cap Dynamic ETF 0.2 27 40 0.0 -10.4
IXN iShares Global Tech ETF 0.2 41 26 4.5 -6.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.2 49 18 7.0 -3.5
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.2 18 49 5.6 -4.8
DON WisdomTree U.S. MidCap Dividend Fund 0.2 38 29 7.7 -2.7
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.2 15 52 4.7 -5.8
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.2 15 52 6.7 -3.7
IJH iShares Core S&P Mid-Cap ETF 0.2 5 62 6.4 -4.1
MDY SPDR S&P Midcap 400 ETF Trust 0.2 24 43 6.2 -4.3
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.2 3 64 6.4 -4.1
IVOO Vanguard S&P Mid-Cap 400 ETF 0.2 10 57 6.4 -4.1
ERNZ TrueShares Active Yield ETF 0.2 75 -8 10.9 +0.5
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 52 6.1 -4.4
SNPV Xtrackers S&P 500 Value ESG ETF 0.2 15 52 6.4 -4.1
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 63 5.6 -4.8
VBR Vanguard Small Cap Value ETF 0.2 7 60 7.8 -2.6
AVUS Avantis U.S. Equity ETF 0.2 15 52 5.6 -4.8
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 7 60 6.7 -3.8
IDU iShares U.S. Utilities ETF 0.2 40 27 4.8 -5.6
VIS Vanguard Industrials ETF 0.2 10 57 4.2 -6.2
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.2 24 43 7.3 -3.1
AVEM Avantis Emerging Markets Equity ETF 0.2 33 34 8.9 -1.6
FYX First Trust Small Cap Core AlphaDEX Fund 0.2 61 6 4.6 -5.9
GQQQ Astoria US Quality Growth Kings ETF 0.2 35 32 6.3 -4.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.2 10 57 5.1 -5.3
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.1 70 -3 7.7 -2.7
JHML John Hancock Multifactor Large Cap ETF 0.1 29 38 5.3 -5.2
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 57 5.3 -5.1
FMDE Fidelity Enhanced Mid Cap ETF 0.1 23 44 6.0 -4.5
TTAC FCF US Quality ETF 0.1 59 8 6.3 -4.2
BKF iShares MSCI BIC ETF 0.1 69 -2 6.9 -3.5
SCHG Schwab U.S. Large-Cap Growth ETF 0.1 4 63 4.2 -6.3
ITAN Sparkline Intangible Value ETF 0.1 50 17 5.9 -4.5
SUSA iShares MSCI USA ESG Select ETF 0.1 25 42 5.0 -5.4
USXF iShares ESG Advanced MSCI USA ETF 0.1 10 57 5.0 -5.4
VEGN US Vegan Climate ETF 0.1 60 7 4.5 -5.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.1 38 29 7.8 -2.6
JAVA JPMorgan Active Value ETF 0.1 44 23 5.7 -4.7
STXM Strive Mid-Cap ETF 0.1 18 49 6.1 -4.4
DHS WisdomTree U.S. High Dividend Fund 0.1 38 29 7.6 -2.9
FSMD Fidelity Small-Mid Multifactor ETF 0.1 15 52 6.8 -3.6
AFK VanEck Africa Index ETF 0.1 98 -31 9.1 -1.4
VUG Vanguard Growth ETF 0.1 4 63 4.0 -6.4
DFUV Dimensional US Marketwide Value ETF 0.1 22 45 7.2 -3.3
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.1 60 7 1.4 -9.1
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 9 8.8 -1.6
IVE iShares S&P 500 Value ETF 0.1 18 49 6.3 -4.2
SPYV SPDR Portfolio S&P 500 Value ETF 0.1 4 63 6.4 -4.1
VOOV Vanguard S&P 500 Value ETF 0.1 10 57 6.3 -4.1
DFEV Dimensional Emerging Markets Value ETF 0.1 43 24 11.1 +0.6
RWK Invesco S&P MidCap 400 Revenue ETF 0.1 39 28 6.9 -3.5
IUSV iShares Core S&P US Value ETF 0.1 4 63 6.4 -4.0
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 55 6.2 -4.2
CRTC Xtrackers US National Critical Technologies ETF 0.1 35 32 5.1 -5.4
VWO Vanguard FTSE Emerging Markets ETF 0.1 8 59 6.9 -3.5
ILCG iShares Morningstar Growth ETF 0.1 4 63 3.9 -6.5
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 49 6.4 -4.0
DTAN Sparkline International Intangible Value ETF 0.1 55 12 9.2 -1.3
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -22 4.9 -5.5
SCHC Schwab International Small-Cap Equity ETF 0.1 11 56 6.6 -3.9
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 55 4.5 -5.9
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 39 7.8 -2.7
SUSL iShares ESG MSCI USA Leaders ETF 0.1 10 57 5.1 -5.3
SMDY Syntax Stratified MidCap ETF 0.1 35 32 5.8 -4.7
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.1 58 9 9.2 -1.2
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 52 4.9 -5.5
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 58 5.1 -5.4
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 58 4.7 -5.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 50 5.3 -5.1
SFY SoFi Select 500 ETF 0.1 0 67 4.5 -6.0
EEMA iShares MSCI Emerging Markets Asia ETF 0.1 49 18 6.5 -3.9
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 43 6.5 -4.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 58 5.4 -5.1
HLAL Wahed FTSE USA Shariah ETF 0.1 50 17 4.9 -5.6
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 60 7.3 -3.1
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.1 45 22 4.7 -5.8
SCHE Schwab Emerging Markets Equity ETF 0.1 11 56 7.1 -3.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 56 4.9 -5.5
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 58 4.9 -5.6
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 58 7.5 -3.0
FLAX Franklin FTSE Asia Ex Japan ETF 0.1 19 48 6.9 -3.6
JVAL JPMorgan U.S. Value Factor ETF 0.1 12 55 7.8 -2.7
OALC OneAscent Large Cap Core ETF 0.1 86 -19 4.3 -6.1
IWD iShares Russell 1000 Value ETF 0.1 19 48 6.1 -4.3
VONV Vanguard Russell 1000 Value ETF 0.1 8 59 6.3 -4.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.1 30 37 8.0 -2.5
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 58 4.8 -5.7
STXG Strive 1000 Growth ETF 0.1 18 49 4.1 -6.4
SCHB Schwab U.S. Broad Market ETF 0.1 3 64 4.9 -5.6
GMF SPDR S&P Emerging Asia Pacific ETF 0.1 49 18 6.1 -4.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.1 70 -3 6.2 -4.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.1 30 37 7.3 -3.2
ONEY SPDR Russell 1000 Yield Focus ETF 0.1 20 47 9.3 -1.2
DFVX Dimensional US Large Cap Vector ETF 0.1 22 45 6.1 -4.4
ESGU iShares ESG Aware MSCI USA ETF 0.1 15 52 5.0 -5.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 65 5.0 -5.5
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 67 5.0 -5.4
VOTE TCW Transform 500 ETF 0.1 5 62 4.9 -5.5
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.1 32 35 6.2 -4.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.1 45 22 6.5 -3.9
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 1 10.0 -0.5
AVSD Avantis Responsible International Equity ETF 0.1 23 44 7.1 -3.4
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 49 6.4 -4.0
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 64 4.8 -5.6
DFAU Dimensional US Core Equity Market ETF 0.1 12 55 5.0 -5.4
IWV iShares Russell 3000 ETF 0.1 20 47 4.7 -5.8
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 64 5.1 -5.3
DISV Dimensional International Small Cap Value ETF 0.1 42 25 9.1 -1.3
VTI Vanguard Total Stock Market ETF 0.1 3 64 4.7 -5.7
GLBL Pacer MSCI World Industry Advantage ETF 0.1 65 2 4.7 -5.7
VTHR Vanguard Russell 3000 ETF 0.1 10 57 4.7 -5.7
EEM iShares MSCI Emerging Markets ETF 0.1 69 -2 6.9 -3.6
VSGX Vanguard ESG International Stock ETF 0.1 12 55 6.8 -3.7
DSI iShares MSCI KLD 400 Social ETF 0.1 25 42 5.0 -5.4
IWC iShares Micro-Cap ETF 0.1 60 7 -4.9 -15.3
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 52 10.2 -0.2
DFAE Dimensional Emerging Core Equity Market ETF 0.1 35 32 7.3 -3.1
FBCG Fidelity Blue Chip Growth ETF 0.1 59 8 2.8 -7.6
IYY iShares Dow Jones U.S. ETF 0.1 20 47 4.8 -5.7
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 52 7.2 -3.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 47 4.9 -5.6
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 60 5.0 -5.5
EPS WisdomTree U.S. LargeCap Fund 0.1 8 59 5.9 -4.6
QGRW WisdomTree U.S. Quality Growth Fund 0.1 28 39 4.7 -5.7
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.1 12 55 4.5 -6.0
DEW WisdomTree Global High Dividend Fund 0.1 58 9 8.5 -1.9
FESM Fidelity Enhanced Small Cap ETF 0.1 28 39 1.7 -8.8
TXS Texas Capital Texas Equity Index ETF 0.1 49 18 4.7 -5.7
VLU SPDR S&P 1500 Value Tilt ETF 0.1 12 55 6.7 -3.8
VT Vanguard Total World Stock ETF 0.1 7 60 5.5 -4.9
XMAG Defiance Large Cap ex-Mag 7 ETF 0.1 35 32 5.1 -5.3
DFUS Dimensional U.S. Equity ETF 0.1 9 58 4.9 -5.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.1 39 28 12.5 +2.0
SCHX Schwab U.S. Large-Cap ETF 0.1 3 64 5.0 -5.5
SCHK Schwab 1000 Index ETF 0.1 5 62 5.0 -5.5
XVV iShares ESG Screened S&P 500 ETF 0.1 8 59 4.9 -5.6
USMV iShares MSCI USA Min Vol Factor ETF 0.1 15 52 5.6 -4.8
STRV Strive 500 ETF 0.1 5 62 4.9 -5.5
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 58 5.2 -5.2
EZM WisdomTree U.S. MidCap Fund 0.1 38 29 7.4 -3.1
DFJ WisdomTree Japan SmallCap Dividend Fund 0.1 58 9 7.9 -2.5
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.1 58 9 7.8 -2.6
DCOR Dimensional US Core Equity 1 ETF 0.1 14 53 5.3 -5.1
AVDV Avantis International Small Cap Value ETF 0.1 36 31 8.1 -2.3
MODL VictoryShares WestEnd U.S. Sector ETF 0.1 42 25 4.7 -5.7
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 25 4.5 -6.0
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 38 4.9 -5.5
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 47 4.8 -5.6
SCJ iShares MSCI Japan Small-Cap ETF 0.1 50 17 7.0 -3.5
VXUS Vanguard Total International Stock ETF 0.1 7 60 7.2 -3.3
VONE Vanguard Russell 1000 ETF 0.1 8 59 4.9 -5.6
IXUS iShares Core MSCI Total International Stock ETF 0.1 7 60 7.2 -3.3
IVV iShares Core S&P 500 ETF 0.1 3 64 5.0 -5.4
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 65 5.0 -5.4
SPY SPDR S&P 500 ETF Trust 0.1 9 58 5.0 -5.5
VOO Vanguard S&P 500 ETF 0.1 3 64 5.0 -5.4
QUAL iShares MSCI USA Quality Factor ETF 0.1 15 52 5.3 -5.2
IWB iShares Russell 1000 ETF 0.1 15 52 4.8 -5.6
EMXF iShares ESG Advanced MSCI EM ETF 0.1 16 51 6.8 -3.6
IDEV iShares Core MSCI International Developed Markets ETF 0.1 4 63 7.1 -3.3
PBUS Invesco MSCI USA ETF 0.1 4 63 5.0 -5.5
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 64 4.9 -5.5
VV Vanguard Large-Cap ETF 0.1 4 63 4.9 -5.6
DFIC Dimensional International Core Equity 2 ETF 0.1 23 44 7.7 -2.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 47 5.2 -5.3
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.1 30 37 8.1 -2.3
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.1 8 59 5.0 -5.5
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 52 5.7 -4.7
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.1 9 58 4.9 -5.5
FNCL Fidelity MSCI Financials Index ETF 0.1 8 59 5.6 -4.8
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.1 18 49 7.2 -3.2
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 53 5.0 -5.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 28 7.4 -3.0
EGUS iShares ESG Aware MSCI USA Growth ETF 0.0 18 49 4.5 -6.0
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 47 6.8 -3.7
IEFA iShares Core MSCI EAFE ETF 0.0 7 60 7.1 -3.3
SPEU SPDR Portfolio Europe ETF 0.0 7 60 7.1 -3.4
IEUR iShares Core MSCI Europe ETF 0.0 11 56 7.1 -3.4
VEU Vanguard FTSE All-World ex-US Index Fund 0.0 8 59 7.3 -3.2
RVRB Reverb ETF 0.0 30 37 4.7 -5.8
ACWI iShares MSCI ACWI ETF 0.0 32 35 5.3 -5.2
TOK iShares MSCI Kokusai ETF 0.0 26 41 5.0 -5.4
VGK Vanguard FTSE Europe ETF 0.0 11 56 7.1 -3.4
DFSV Dimensional US Small Cap Value ETF 0.0 31 36 8.3 -2.2
FAB First Trust Multi Cap Value AlphaDEX Fund 0.0 67 0 8.6 -1.9
DFAI Dimensional International Core Equity Market ETF 0.0 18 49 7.3 -3.2
QVML Invesco S&P 500 QVM Multi-factor ETF 0.0 11 56 4.8 -5.6
EQLT iShares MSCI Emerging Markets Quality Factor ETF 0.0 35 32 7.4 -3.1
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 28 6.8 -3.7
BKEM BNY Mellon Emerging Markets Equity ETF 0.0 11 56 8.4 -2.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.0 36 31 7.8 -2.6
URTH iShares MSCI World ETF 0.0 24 43 5.2 -5.3
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.0 33 34 8.2 -2.2
REVS Columbia Research Enhanced Value ETF 0.0 19 48 7.4 -3.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.0 39 28 7.2 -3.2
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 42 6.8 -3.7
VFH Vanguard Financials ETF 0.0 10 57 5.7 -4.8
VEA Vanguard FTSE Developed Markets ETF 0.0 5 62 7.3 -3.1
APUE ActivePassive U.S. Equity ETF 0.0 45 22 4.8 -5.7
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 49 5.4 -5.0
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.0 20 47 7.6 -2.9
IJT iShares S&P Small-Cap 600 Growth ETF 0.0 18 49 5.8 -4.7
SMMD iShares Russell 2500 ETF 0.0 15 52 5.5 -4.9
SLYG SPDR S&P 600 Small Cap Growth ETF 0.0 15 52 5.8 -4.7
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.0 15 52 5.8 -4.7
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.0 5 62 7.3 -3.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 26 7.4 -3.0
FLEU Franklin FTSE Eurozone ETF 0.0 9 58 7.3 -3.2
GVLU Gotham 1000 Value ETF 0.0 50 17 7.4 -3.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 60 4.9 -5.5
FLEE Franklin FTSE Europe ETF 0.0 9 58 7.2 -3.3
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 64 7.2 -3.3
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 50 6.9 -3.6
IUS Invesco RAFI Strategic US ETF 0.0 19 48 6.8 -3.6
IWF iShares Russell 1000 Growth ETF 0.0 19 48 4.5 -6.0
VONG Vanguard Russell 1000 Growth ETF 0.0 8 59 4.6 -5.9
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 44 9.1 -1.3
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 63 4.7 -5.8
SCHF Schwab International Equity ETF 0.0 6 61 7.5 -3.0
STXV Strive 1000 Value ETF 0.0 18 49 7.5 -2.9
ACWX iShares MSCI ACWI ex U.S. ETF 0.0 34 33 7.0 -3.5
RWL Invesco S&P 500 Revenue ETF 0.0 39 28 6.7 -3.7
VYM Vanguard High Dividend Yield Index ETF 0.0 6 61 6.8 -3.7
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 37 5.9 -4.5
VYMI Vanguard International High Dividend Yield ETF 0.0 22 45 9.8 -0.6
RAFE PIMCO RAFI ESG U.S. ETF 0.0 29 38 7.2 -3.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 26 7.4 -3.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.0 9 58 5.4 -5.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.0 18 49 7.0 -3.4
HEDJ WisdomTree Europe Hedged Equity Fund 0.0 58 9 9.5 -1.0
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 39 6.0 -4.5
RECS Columbia Research Enhanced Core ETF 0.0 15 52 5.5 -5.0
BKIE BNY Mellon International Equity ETF 0.0 4 63 7.1 -3.4
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.0 24 43 8.7 -1.8
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 47 7.0 -3.5
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 42 9.9 -0.6
IETC iShares U.S. Tech Independence Focused ETF 0.0 18 49 4.5 -6.0
XCNY SPDR S&P Emerging Markets ex-China ETF 0.0 15 52 6.3 -4.2
CWI SPDR MSCI ACWI ex-US ETF 0.0 30 37 6.9 -3.5
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 18 5.6 -4.9
GSPY Gotham Enhanced 500 ETF 0.0 50 17 5.2 -5.2
DIVB iShares Core Dividend ETF 0.0 5 62 7.5 -3.0
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 42 6.8 -3.6
IVW iShares S&P 500 Growth ETF 0.0 18 49 4.5 -6.0
SPYG SPDR Portfolio S&P 500 Growth ETF 0.0 4 63 4.6 -5.8
VOOG Vanguard S&P 500 Growth ETF 0.0 10 57 4.6 -5.9
AVDE Avantis International Equity ETF 0.0 23 44 8.1 -2.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 38 6.4 -4.1
APIE ActivePassive International Equity ETF 0.0 45 22 8.1 -2.3
JHEM John Hancock Multifactor Emerging Markets ETF 0.0 49 18 8.2 -2.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 28 7.5 -2.9
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.0 58 9 10.2 -0.3
VPL Vanguard FTSE Pacific ETF 0.0 8 59 7.7 -2.7
IPAC iShares Core MSCI Pacific ETF 0.0 9 58 7.2 -3.2

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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:

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 10.4 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 67 bp
Equals: ALTAR Score 10.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.56 CATEGORY
AVERAGE		 1.53
 
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.