The Cannabis ETF
ALTAR
Score™		 -64.4% info Recommen-
dation		 AVOID
2023E    2024E
P/E
ratio		 -29.0x P/Sales
ratio		 0.5x
P/BV
ratio		 0.5x Div.
yield		 3.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Cannabis ETF tracks a market cap-selected and weighted index of North American cannabis companies.

FUND BASICS
Category Global Equities
Fund Sponsor OBP Capital LLC
Website thcxetf.com
Inception date Jul 09, 2019
Assets (mns) $17
Currency USD
Expense ratio 75 bp
Distributions Monthly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 24
Wgt avg mkt cap (mns) $1,920
Large cap (>$10bn) 8.3%
Mid cap ($2-10bn) 16.9%
Small cap (<$2bn) 65.3%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
INNOVATIVE INDUSTRIAL PROPERTIES I 6.5 %
AURORA CANNABIS INC. 6.2 %
VILLAGE FARMS INTERNATIONAL, INC. 6.1 %
TILRAY, INC. 5.9 %
AFC GAMMA, INC. 5.7 %
CRONOS GROUP INC 5.6 %
WM TECHNOLOGY, INC. CLASS A 5.3 %
HIGH TIDE, INC. 4.9 %
GROWGENERATION CORP. 4.9 %
CANOPY GROWTH CORPORATION 4.7 %
Total 55.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 50.5 %
CANADA 45.3 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-24.0% -46.1% -- -- -43.6%

Market Correlations
versus... Beta R-squared
S&P500 -0.70 0%
MSCI EAFE -2.33 1%
MSCI Emg. Mkts. -4.65 2%

Technical Indicators
Recent close $20.39
30d moving avg. $18.56
Annualized volatility 545.2%
Short interest (ETF) 0.1%
Relative strength (RSI) 64

Liquidity measures
Avg. volume (thou.) 4
Turnover 0.5%
Bid/Ask (% of price) 1.53%
ADV underlying (mns) $143

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 344 potential alternatives to the The Cannabis ETF ETF based on the alternatives' overlap in portfolio holdings with THCX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: THCX Expense: 75 bp ALTAR Score™: -64.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH THCX
Ticker Fund
Name		 Overlap1
vs THCX
(%)		 Expense
ratio
(bp)		 Savings
vs THCX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs THCX
(%)
POTX Global X Cannabis ETF 27.0 51 24 -77.3 -12.9
TOKE Cambria Cannabis ETF 23.5 42 33 -20.1 +44.2
MJUS ETFMG U.S. Alternative Harvest ETF 19.2 75 0 -25.6 +38.8
CNBS Amplify Seymour Cannabis ETF 17.7 75 0 -17.7 +46.6
MJ ETFMG Alternative Harvest ETF 12.1 75 0 -92.3 -27.9
YOLO AdvisorShares Pure Cannabis ETF 10.9 88 -13 -50.3 +14.0
KROP Global X AgTech & Food Innovation ETF 8.9 50 25 -1.8 +62.6
KBWY Invesco KBW Premium Yield Equity REIT ETF 4.6 35 40 19.7 +84.0
NETL NETLease Corporate Real Estate ETF 4.1 60 15 9.2 +73.6
MEME Roundhill MEME ETF 3.8 69 6 -1.3 +63.1
MDEV First Trust Indxx Medical Devices ETF 3.8 70 5 3.8 +68.2
PHO Invesco Water Resources ETF 3.8 60 15 4.8 +69.2
FIW First Trust Water ETF 3.8 53 22 4.6 +69.0
MDCP VictoryShares THB Mid Cap ESG ETF 3.4 55 20 6.1 +70.5
RSPH Invesco S&P 500 Equal Weight Health Care ETF 3.3 40 35 9.0 +73.3
PIO Invesco Global Water ETF 3.2 75 0 5.7 +70.0
IDNA iShares Genomics Immunology & Healthcare ETF 2.9 47 28 -9.6 +54.7
ARKG ARK Genomic Revolution ETF 2.9 75 0 -13.5 +50.8
EATV VegTech Plant-based Innovation & Climate ETF 2.9 75 0 1.9 +66.2
ARKK ARK Innovation ETF 2.9 75 0 -6.8 +57.6
RDOG ALPS REIT Dividend Dogs ETF 2.8 35 40 13.6 +78.0
WDNA WisdomTree BioRevolution Fund 2.7 45 30 -4.4 +59.9
TMFM Motley Fool Mid-Cap Growth ETF 2.6 85 -10 4.3 +68.6
BAD B.A.D. ETF 2.6 75 0 3.2 +67.6
RIET Hoya Capital High Dividend Yield ETF 2.6 50 25 11.9 +76.3
MOON Direxion Moonshot Innovators ETF 2.5 65 10 -9.5 +54.9
NUMG Nuveen ESG Mid-Cap Growth ETF 2.1 31 44 4.5 +68.9
POWA Invesco Bloomberg Pricing Power ETF 2.1 40 35 5.9 +70.3
IBB iShares NASDAQ Biotechnology ETF 1.8 45 30 0.7 +65.1
AHOY Newday Ocean Health ETF 1.7 75 0 6.4 +70.7
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 1.7 38 37 11.0 +75.4
HTEC ROBO Global Healthcare Technology & Innovation ETF 1.7 68 7 0.6 +64.9
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 1.7 60 15 7.9 +72.3
IHI iShares U.S. Medical Devices ETF 1.6 40 35 4.9 +69.3
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 1.6 69 6 7.4 +71.8
HELX Franklin Genomic Advancements ETF 1.5 50 25 1.9 +66.2
GURU Global X Guru Index ETF 1.5 75 0 5.0 +69.4
LCLG Logan Capital Broad Innovative Growth ETF 1.5 99 -24 6.1 +70.5
PPTY PPTY-U.S. Diversified Real Estate ETF 1.5 53 22 7.2 +71.6
SSPX Janus Henderson U.S. Sustainable Equity ETF 1.4 55 20 4.2 +68.5
CNCR Loncar Cancer Immunotherapy ETF 1.4 79 -4 0.0 +64.4
MOAT VanEck Morningstar Wide Moat ETF 1.3 46 29 6.3 +70.7
PYZ Invesco DWA Basic Materials Momentum ETF 1.3 60 15 9.9 +74.3
VRAI Virtus Real Asset Income ETF 1.3 55 20 9.0 +73.3
BLDG Cambria Global Real Estate ETF 1.2 59 16 9.1 +73.4
MRND IQ U.S. Mid Cap R&D Leaders ETF 1.2 16 59 3.6 +68.0
VIRS Pacer BioThreat Strategy ETF 1.2 70 5 7.2 +71.6
SMDY Syntax Stratified MidCap ETF 1.1 35 40 8.0 +72.4
SPRE SP Funds S&P Global REIT Sharia ETF 1.0 59 16 5.3 +69.6
SYNB Putnam BioRevolution ETF 1.0 70 5 3.4 +67.8
PSCF Invesco S&P SmallCap Financials ETF 1.0 29 46 11.5 +75.8
PSET Principal Price Setters Index ETF 1.0 15 60 6.6 +71.0
REM iShares Mortgage Real Estate ETF 0.9 48 27 14.1 +78.4
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 0.9 30 45 9.2 +73.5
DES WisdomTree U.S. SmallCap Dividend Fund 0.9 38 37 9.8 +74.2
FTA First Trust Large Cap Value AlphaDEX Fund 0.9 59 16 10.1 +74.5
BMED BlackRock Future Health ETF 0.8 85 -10 2.1 +66.4
FXH First Trust Health Care AlphaDEX Fund 0.8 61 14 8.1 +72.5
FXZ First Trust Materials AlphaDEX Fund 0.8 61 14 12.2 +76.5
XT iShares Exponential Technologies ETF 0.8 46 29 3.9 +68.2
DSTL Distillate US Fundamental Stability & Value ETF 0.8 39 36 8.2 +72.5
ETHO Etho Climate Leadership U.S. ETF 0.7 47 28 5.5 +69.8
YPS Arrow Reverse Cap 500 ETF 0.7 29 46 6.8 +71.1
NZRO Strategy Shares Halt Climate Change ETF 0.7 95 -20 1.9 +66.3
IWP iShares Russell Mid-Cap Growth ETF 0.7 23 52 4.5 +68.8
RYJ Invesco Raymond James SB-1 Equity ETF 0.6 81 -6 4.2 +68.6
XLV Health Care Select Sector SPDR Fund 0.6 10 65 8.5 +72.9
SUSA iShares MSCI USA ESG Select ETF 0.6 25 50 6.1 +70.4
FTAG First Trust Indxx Global Agriculture ETF 0.6 70 5 10.4 +74.7
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.6 20 55 7.7 +72.1
VHT Vanguard Health Care Index Fund 0.6 10 65 6.7 +71.0
FHLC Fidelity MSCI Health Care Index ETF 0.6 8 67 6.7 +71.1
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.6 60 15 4.4 +68.8
GVLU Gotham 1000 Value ETF 0.6 50 25 9.6 +74.0
ROOF IQ US Real Estate Small Cap ETF 0.6 60 15 7.5 +71.9
PSC Principal U.S. Small Cap Index ETF 0.5 38 37 8.6 +73.0
JSTC Adasina Social Justice All Cap Global ETF 0.5 89 -14 5.6 +70.0
VOT Vanguard Mid-Cap Growth Index Fund 0.5 7 68 5.1 +69.4
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.5 58 17 6.5 +70.9
TPLC Timothy Plan US Large Cap Core ETF 0.5 52 23 6.6 +70.9
IJT iShares S&P Small-Cap 600 Growth ETF 0.5 25 50 6.9 +71.2
SLYG SPDR S&P 600 Small Cap Growth ETF 0.5 15 60 7.0 +71.4
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.5 15 60 7.1 +71.4
VO Vanguard Mid-Cap Index Fund 0.5 4 71 6.7 +71.0
PINK Simplify Health Care ETF 0.5 50 25 5.1 +69.4
IMCV iShares Morningstar Mid-Cap Value ETF 0.5 6 69 9.1 +73.4
RDIV Invesco S&P Ultra Dividend Revenue ETF 0.5 39 36 13.3 +77.6
KRMA Global X Conscious Companies ETF 0.5 43 32 6.4 +70.8
VEGI iShares MSCI Global Agriculture Producers ETF 0.5 39 36 8.5 +72.9
DWMC AdvisorShares Dorsey Wright Micro-Cap ETF 0.5 125 -50 0.7 +65.0
VOE Vanguard Mid-Cap Value Index Fund 0.4 7 68 8.4 +72.7
IXJ iShares Global Healthcare ETF 0.4 42 33 7.5 +71.8
FEX First Trust Large Cap Core AlphaDEX Fund 0.4 59 16 7.1 +71.5
FAB First Trust Multi Cap Value AlphaDEX Fund 0.4 67 8 11.0 +75.4
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 55 7.1 +71.5
SFYF SoFi 50 ETF 0.4 29 46 0.4 +64.7
JHMM John Hancock Multifactor Mid Cap ETF 0.4 41 34 7.7 +72.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.4 9 66 7.0 +71.3
EQAL Invesco Russell 1000 Equal Weight ETF 0.4 20 55 7.2 +71.6
EGUS iShares ESG Aware MSCI USA Growth ETF 0.4 15 60 5.0 +69.3
RNLC Large Cap US Equity Select ETF 0.4 60 15 7.5 +71.9
ESIX SPDR S&P SmallCap 600 ESG ETF 0.4 12 63 8.6 +73.0
IMCB iShares Morningstar Mid-Cap ETF 0.4 4 71 6.9 +71.3
VAW Vanguard Materials Index Fund 0.4 10 65 6.9 +71.3
FMAT Fidelity MSCI Materials Index ETF 0.4 8 67 7.3 +71.7
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.4 4 71 6.9 +71.3
IWR iShares Russell Midcap ETF 0.4 18 57 6.6 +70.9
FDM First Trust Dow Jones Select Microcap Index Fund 0.4 60 15 7.6 +72.0
SEIQ SEI Enhanced U.S. Large Cap Quality Factor ETF 0.4 15 60 8.1 +72.5
IYM iShares U.S. Basic Materials ETF 0.3 39 36 7.6 +71.9
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.3 10 65 5.4 +69.8
IYH iShares U.S. Healthcare ETF 0.3 39 36 7.4 +71.7
SMLE Xtrackers S&P SmallCap 600 ESG ETF 0.3 15 60 8.5 +72.9
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.3 29 46 8.4 +72.7
EUSA iShares MSCI USA Equal Weighted ETF 0.3 9 66 7.0 +71.3
CFA VictoryShares US 500 Volatility Weighted Index ETF 0.3 35 40 7.1 +71.4
DEIF Sterling Capital Diverse Multi-Manager Active ETF 0.3 65 10 7.1 +71.4
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 0.3 36 39 7.0 +71.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.3 9 66 5.2 +69.5
AFSM First Trust Active Factor Small Cap ETF 0.3 77 -2 9.8 +74.2
ANEW ProShares MSCI Transformational Changes ETF 0.3 45 30 5.9 +70.3
SIZE iShares MSCI USA Size Factor ETF 0.3 15 60 6.8 +71.2
IYJ iShares U.S. Industrials ETF 0.3 39 36 5.7 +70.0
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.3 24 51 9.2 +73.5
STXK Strive Small-Cap ETF 0.3 18 57 5.8 +70.2
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 0.3 20 55 6.6 +71.0
JSML Janus Henderson Small Cap Growth Alpha ETF 0.3 30 45 11.3 +75.7
XJR iShares ESG Screened S&P Small-Cap ETF 0.3 12 63 7.9 +72.2
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.3 15 60 8.5 +72.8
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 0.3 15 60 6.2 +70.6
ROSC Hartford Multifactor Small Cap ETF 0.3 34 41 11.3 +75.7
BFTR Future Innovators ETF 0.3 80 -5 2.4 +66.8
RWR SPDR Dow Jones REIT ETF 0.3 25 50 7.4 +71.7
BLES Inspire Global Hope Large Cap ETF 0.3 61 14 7.1 +71.5
VTWV Vanguard Russell 2000 Value Index Fund 0.3 15 60 7.0 +71.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.3 18 57 8.7 +73.1
VBK Vanguard Small-Cap Growth Index Fund 0.3 7 68 1.5 +65.9
IWN iShares Russell 2000 Value ETF 0.3 24 51 7.0 +71.4
IMCG iShares Morningstar Mid-Cap Growth ETF 0.3 6 69 4.8 +69.1
VIOO Vanguard S&P Small-Cap 600 ETF 0.3 10 65 8.5 +72.9
IJR iShares Core S&P Small Cap ETF 0.3 6 69 8.5 +72.9
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 0.3 11 64 7.5 +71.9
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.3 3 72 8.6 +73.0
ISCV iShares Morningstar Small Cap Value ETF 0.3 6 69 9.1 +73.4
COWZ Pacer US Cash Cows 100 ETF 0.2 49 26 11.4 +75.8
IWS iShares Russell Mid-Cap Value ETF 0.2 23 52 7.6 +72.0
FRI First Trust S&P REIT Index Fund 0.2 50 25 7.0 +71.4
USRT iShares Core U.S. REIT ETF 0.2 8 67 7.5 +71.9
ISCB iShares Morningstar Small-Cap ETF 0.2 4 71 5.9 +70.2
SSPY Syntax Stratified LargeCap ETF 0.2 30 45 7.4 +71.7
ISCG iShares Morningstar Small-Cap Growth ETF 0.2 6 69 2.3 +66.7
SPHQ Invesco S&P 500 Quality ETF 0.2 15 60 6.1 +70.5
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.2 65 10 3.5 +67.9
KOMP SPDR Kensho New Economies Composite ETF 0.2 20 55 -0.4 +64.0
DFAR Dimensional US Real Estate ETF 0.2 19 56 7.5 +71.9
BFOR Barron's 400 ETF 0.2 65 10 8.7 +73.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.2 46 29 8.8 +73.1
SCHH Schwab U.S. REIT ETF 0.2 7 68 7.6 +72.0
IJJ iShares S&P Mid-Cap 400 Value ETF 0.2 18 57 9.2 +73.6
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.2 15 60 9.3 +73.7
MDYV SPDR S&P 400 Mid Cap Value ETF 0.2 15 60 9.4 +73.7
IWC iShares Micro-Cap ETF 0.2 60 15 -3.9 +60.5
VMAT V-Shares MSCI World ESG Materiality and Carbon Transition ET 0.2 39 36 6.4 +70.8
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.2 10 65 5.3 +69.7
VEGN US Vegan Climate ETF 0.2 60 15 5.3 +69.7
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 55 8.8 +73.2
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 63 6.5 +70.9
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 25 6.8 +71.2
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.2 18 57 6.3 +70.7
TECB iShares US Tech Breakthrough Multisector ETF 0.2 40 35 4.9 +69.3
RNSC Small Cap US Equity Select ETF 0.2 60 15 8.9 +73.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 36 4.8 +69.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 66 6.6 +71.0
REET iShares Global REIT ETF 0.2 14 61 7.2 +71.5
AVRE Avantis Real Estate ETF 0.2 17 58 6.7 +71.0
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.2 24 51 8.9 +73.3
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.2 25 50 6.9 +71.2
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 0.2 17 58 6.3 +70.6
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 0.2 35 40 8.8 +73.2
DFGR Dimensional Global Real Estate ETF 0.2 22 53 7.1 +71.5
USXF iShares ESG Advanced MSCI USA ETF 0.2 10 65 5.7 +70.1
VNQ Vanguard REIT Index Fund 0.2 12 63 7.5 +71.8
JHML John Hancock Multifactor Large Cap ETF 0.2 29 46 6.4 +70.7
RNMC Mid Cap US Equity Select ETF 0.2 60 15 8.8 +73.2
VB Vanguard Small-Cap ETF 0.2 5 70 6.2 +70.5
HLAL Wahed FTSE USA Shariah ETF 0.2 50 25 5.4 +69.8
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.2 15 60 8.7 +73.1
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 36 9.7 +74.0
SCHA Schwab U.S. Small-Cap ETF 0.2 4 71 5.6 +70.0
SCHG Schwab U.S. Large-Cap Growth ETF 0.2 4 71 4.9 +69.2
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 65 6.3 +70.7
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.1 15 60 5.6 +69.9
JVAL JPMorgan U.S. Value Factor ETF 0.1 12 63 9.5 +73.8
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 46 5.8 +70.2
HKND Humankind US Stock ETF 0.1 11 64 7.3 +71.6
DHS WisdomTree U.S. High Dividend Fund 0.1 38 37 9.8 +74.2
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 0.1 19 56 8.5 +72.9
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 61 5.9 +70.3
EZM WisdomTree U.S. MidCap Earnings Fund 0.1 38 37 11.1 +75.5
FYC First Trust Small Cap Growth AlphaDEX Fund 0.1 71 4 2.0 +66.4
VTWO Vanguard Russell 2000 Index Fund 0.1 10 65 4.6 +69.0
IWM iShares Russell 2000 ETF 0.1 19 56 4.6 +68.9
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.1 30 45 9.5 +73.8
ESGU iShares MSCI USA ESG Optimized ETF 0.1 15 60 5.9 +70.2
VDNI V-Shares US Leadership Diversity ETF 0.1 29 46 6.2 +70.5
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 68 6.0 +70.3
MSOS AdvisorShares Pure US Cannabis ETF 0.1 80 -5 -3.8 +60.5
VXF Vanguard Extended Market Index Fund 0.1 6 69 4.3 +68.6
GNR SPDR S&P Global Natural Resources ETF 0.1 40 35 9.4 +73.8
XJH iShares ESG Screened S&P Mid-Cap ETF 0.1 12 63 8.2 +72.6
SPXT ProShares S&P 500 Ex-Technology ETF 0.1 9 66 6.3 +70.7
QLC FlexShares US Quality Large Cap Index Fund 0.1 25 50 6.7 +71.0
GDEF Goldman Sachs Defensive Equity ETF 0.1 55 20 5.1 +69.5
DFUV Dimensional US Marketwide Value ETF 0.1 22 53 8.6 +73.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 63 6.1 +70.5
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 66 5.7 +70.1
SNPG Xtrackers S&P 500 Growth ESG ETF 0.1 15 60 5.5 +69.9
ILCV iShares Morningstar Value ETF 0.1 4 71 7.7 +72.1
ERET iShares Environmentally Aware Real Estate ETF 0.1 30 45 7.3 +71.7
MDY SPDR S&P Midcap 400 ETF Trust 0.1 23 52 8.0 +72.4
DUHP Dimensional US High Profitability ETF 0.1 21 54 8.1 +72.5
IJH iShares Core S&P Mid-Cap ETF 0.1 5 70 8.2 +72.6
SPMD SPDR Portfolio Mid Cap ETF 0.1 3 72 8.2 +72.6
IVOO Vanguard S&P Mid-Cap 400 ETF 0.1 10 65 8.2 +72.5
STXG Strive 1000 Growth ETF 0.1 18 57 5.1 +69.4
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 66 6.0 +70.3
SMMD iShares Russell 2500 ETF 0.1 15 60 6.8 +71.2
AVUS Avantis U.S. Equity ETF 0.1 15 60 6.9 +71.2
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 64 6.2 +70.5
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.1 25 50 6.6 +71.0
IUSV iShares Core S&P U.S. Value ETF 0.1 4 71 6.8 +71.1
IWV iShares Russell 3000 ETF 0.1 20 55 5.6 +70.0
VTI Vanguard Total Stock Market Index Fund 0.1 3 72 5.7 +70.1
VTHR Vanguard Russell 3000 Index Fund 0.1 10 65 5.7 +70.0
HAP VanEck Natural Resources ETF 0.1 50 25 8.2 +72.6
XVV iShares ESG Screened S&P 500 ETF 0.1 8 67 5.9 +70.3
SPTM SPDR Portfolio Total Stock Market ETF 0.1 3 72 6.2 +70.6
RAFE PIMCO RAFI ESG U.S. ETF 0.1 29 46 8.2 +72.6
VBR Vanguard Small Cap Value Index Fund 0.1 7 68 9.2 +73.6
VONV Vanguard Russell 1000 Value Index Fund 0.1 8 67 7.5 +71.8
IWD iShares Russell 1000 Value ETF 0.1 19 56 7.4 +71.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 72 5.8 +70.1
DFSU Dimensional US Sustainability Core 1 ETF 0.1 18 57 6.7 +71.0
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 58 6.6 +70.9
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 66 5.9 +70.3
VONE Vanguard Russell 1000 ETF 0.1 8 67 5.8 +70.2
IWB iShares Russell 1000 ETF 0.1 15 60 5.8 +70.2
FDL First Trust Morningstar Dividend Leaders Index Fund 0.1 45 30 11.3 +75.7
VONG Vanguard Russell 1000 Growth Index Fund 0.1 8 67 5.4 +69.8
IWF iShares Russell 1000 Growth ETF 0.1 19 56 5.3 +69.7
DFAU Dimensional US Core Equity Market ETF 0.1 12 63 6.0 +70.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 55 5.8 +70.2
SPYV SPDR Portfolio S&P 500 Value ETF 0.1 4 71 6.6 +71.0
SSLY Syntax Stratified SmallCap ETF 0.1 40 35 8.1 +72.4
IVE iShares S&P 500 Value ETF 0.1 18 57 6.4 +70.8
VOOV Vanguard S&P 500 Value ETF 0.1 10 65 6.5 +70.9
VTV Vanguard Value Index Fund 0.1 4 71 7.8 +72.1
IYY iShares Dow Jones U.S. ETF 0.1 20 55 5.8 +70.1
SCHB Schwab U.S. Broad Market ETF 0.1 3 72 5.9 +70.2
SPY SPDR S&P 500 ETF Trust 0.1 9 66 5.9 +70.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 64 5.9 +70.3
QUAL iShares MSCI Usa Quality Factor ETF 0.1 15 60 6.6 +70.9
IVV iShares Core S&P 500 ETF 0.1 3 72 6.0 +70.4
BKSE BNY Mellon US Small Cap Core Equity ETF 0.1 4 71 6.6 +70.9
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 73 6.0 +70.4
VOO VANGUARD S&P 500 ETF 0.1 3 72 6.0 +70.3
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.1 10 65 6.0 +70.3
VOTE Engine No. 1 Transform 500 ETF 0.1 5 70 5.8 +70.2
IVW iShares S&P 500 Growth ETF 0.1 18 57 5.8 +70.2
SUSL iShares ESG MSCI USA Leaders ETF 0.1 10 65 5.9 +70.3
VV Vanguard Large-Cap Index Fund 0.1 4 71 5.8 +70.2
VOOG Vanguard S&P 500 Growth ETF 0.1 10 65 5.9 +70.3
SPYG SPDR Portfolio S&P 500 Growth ETF 0.1 4 71 6.0 +70.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 73 5.9 +70.3
DSI iShares MSCI KLD 400 Social ETF 0.1 25 50 5.9 +70.3
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 26 6.6 +70.9
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 72 5.9 +70.3
PBUS Invesco PureBeta MSCI USA ETF 0.1 4 71 5.9 +70.3
SCHX Schwab U.S. Large-Cap ETF 0.1 3 72 5.9 +70.3
VUG Vanguard Growth Index Fund 0.1 4 71 4.8 +69.2
STRV Strive 500 ETF 0.1 5 70 5.8 +70.2
IUSG iShares Core S&P US Growth ETF 0.1 4 71 6.0 +70.4
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.1 49 26 5.3 +69.6
RVRB Reverb ETF 0.1 30 45 5.8 +70.1
SCHK Schwab 1000 Index ETF 0.1 5 70 6.0 +70.3
DFUS Dimensional U.S. Equity ETF 0.1 9 66 5.8 +70.2
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.1 17 58 8.0 +72.4
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 60 6.7 +71.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.1 7 68 5.9 +70.2
VLU SPDR S&P 1500 Value Tilt ETF 0.1 12 63 8.3 +72.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 46 7.6 +71.9
EPS WisdomTree U.S. Earnings 500 Fund 0.1 8 67 7.2 +71.6
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 56 7.1 +71.5
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 36 7.6 +71.9
DEW WisdomTree Global High Dividend Fund 0.1 58 17 10.1 +74.5
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.1 25 50 7.6 +72.0
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.1 47 28 10.0 +74.4
SCHM Schwab U.S. Mid-Cap ETF 0.1 4 71 6.7 +71.1
TOK iShares MSCI Kokusai ETF 0.1 25 50 6.2 +70.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 55 5.7 +70.1
SNPE Xtrackers S&P 500 ESG ETF 0.1 10 65 6.0 +70.4
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 66 6.5 +70.8
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 55 7.9 +72.3
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.1 25 50 7.7 +72.1
VT Vanguard Total World Stock ETF 0.1 7 68 6.6 +71.0
URTH iShares MSCI World ETF 0.1 24 51 6.4 +70.8
IQSU IQ Candriam ESG US Equity ETF 0.1 9 66 5.5 +69.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 55 7.5 +71.9
STXV Strive 1000 Value ETF 0.1 18 57 8.4 +72.7
ILCG iShares Morningstar Growth ETF 0.1 4 71 4.6 +69.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 55 6.9 +71.3
SFYX Sofi Next 500 ETF 0.1 0 75 6.2 +70.5
SFY SoFi Select 500 ETF 0.0 0 75 5.6 +70.0
DFIS Dimensional International Small Cap ETF 0.0 39 36 6.8 +71.1
DFLV Dimensional US Large Cap Value ETF 0.0 22 53 9.1 +73.4
ACWI iShares MSCI ACWI ETF 0.0 32 43 6.5 +70.8
DTD WisdomTree U.S.Total Dividend Fund 0.0 28 47 7.4 +71.8
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 0.0 15 60 6.0 +70.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 68 5.8 +70.2
RWL Invesco S&P 500 Revenue ETF 0.0 39 36 7.4 +71.8
GLOF iShares Global Equity Factor ETF 0.0 20 55 9.0 +73.4
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.0 39 36 11.8 +76.1
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.0 39 36 10.0 +74.4
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.0 21 54 4.2 +68.5
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.0 63 12 3.5 +67.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 66 6.4 +70.7
GSPY Gotham Enhanced 500 ETF 0.0 50 25 6.2 +70.5
ESG FlexShares STOXX US ESG Impact Index Fund 0.0 32 43 5.6 +70.0
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 45 7.6 +71.9
AVSC Avantis U.S Small Cap Equity ETF 0.0 25 50 5.4 +69.7
DFAS Dimensional U.S. Small Cap ETF 0.0 26 49 6.9 +71.3
DIVB iShares Core Dividend 0.0 5 70 9.0 +73.3
DLN WisdomTree U.S. LargeCap Dividend Fund 0.0 28 47 7.1 +71.4
PFM Invesco Dividend Achievers ETF 0.0 53 22 6.4 +70.7
VYM Vanguard High Dividend Yield Index ETF 0.0 6 69 8.2 +72.6
VIG Vanguard Dividend Appreciation Index Fund 0.0 6 69 6.3 +70.6
DFAT Dimensional U.S. Targeted Value ETF 0.0 28 47 9.4 +73.7
NANC Unusual Whales Subversive Democratic Trading ETF 0.0 75 0 4.8 +69.2
KRUZ Unusual Whales Subversive Republican Trading ETF 0.0 75 0 4.8 +69.1
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 51 7.3 +71.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 63 5.5 +69.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.0 30 45 8.7 +73.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 72 7.6 +72.0
DFIC Dimensional International Core Equity 2 ETF 0.0 23 52 8.1 +72.4

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

  2018 2019 2020 2021 2022 2023E 2024E
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
  2022 2023E 2024E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 The Cannabis ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity -36.3 %
Divided by: Fwd. P/BV 0.6 x
Less: Expense ratio 75 bp
Equals: ALTAR Score -64.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.51 CATEGORY
AVERAGE		 1.47
 
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.