Tortoise Digital Payments Infrastructure Fund
ALTAR
Score™
4.5% info Recommen-
dation
OVERWEIGHT
2021E    2022E
P/E
ratio
29.4x P/Sales
ratio
4.6x
P/BV
ratio
3.9x Div.
yield
0.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
TPAY fund invests in companies that have the potential to benefit as the world continues to evolve from traditional cash payments to the speed, accuracy and efficiency of digital payments.

FUND BASICS
Category Global Equities
Fund Sponsor Montage Managers
Website etp.tortoiseadvisors.com
Inception date Jan 31, 2019
Assets (mns) $13
Currency USD
Expense ratio 40 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 55
Wgt avg mkt cap (mns) $86,007
Large cap (>$10bn) 76.0%
Mid cap ($2-10bn) 15.7%
Small cap (<$2bn) 4.3%
Developed mkts 99.1%
Emerging mkts 0.2%

TOP TEN HOLDINGS
DISCOVER FINANCIAL SERVICES 5.4 %
WORLDLINE SA 4.9 %
AMERICAN EXPRESS CO 4.9 %
PAYPAL HOLDINGS INC 4.7 %
FIDELITY NATIONAL INFORMATIO 4.7 %
VISA INC-CLASS A SHARES 4.7 %
ADYEN NV 4.7 %
SQUARE, INC. CLASS A 4.6 %
FLEETCOR TECHNOLOGIES INC 4.5 %
MASTERCARD INC-CLASS A 4.4 %
Total 47.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 70.3 %
BRAZIL 5.3 %
FRANCE 4.9 %
NETHERLANDS 4.7 %
AUSTRALIA 4.2 %
ITALY 2.7 %
JAPAN 2.5 %
HONG KONG 1.3 %
CANADA 0.9 %
PUERTO RICO 0.9 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
4.4% 64.1% -- -- 33.1%

Market Correlations
versus... Beta R-squared
S&P500 1.32 77%
MSCI EAFE 1.26 74%
MSCI Emg. Mkts. 0.94 50%

Technical Indicators
Recent close $43.49
30d moving avg. $45.84
Annualized volatility 28.4%
Short interest (ETF) 0.1%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 2
Turnover 0.7%
Bid/Ask (% of price) 0.59%
ADV underlying (mns) $14,702

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 712 potential alternatives to the Tortoise Digital Payments Infrastructure Fund ETF based on the alternatives' overlap in portfolio holdings with TPAY. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: TPAY Expense: 40 bp ALTAR Score™: 4.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH TPAY
Ticker Fund
Name
Overlap1
vs TPAY
(%)
Expense
ratio
(bp)
Savings
vs TPAY
(bp)
ALTAR
Score™
(%)
ALTAR
vs TPAY
(%)
IPAY ETFMG Prime Mobile Payments ETF 69.1 75 -35 4.9 +0.4
FINX Global X FinTech Thematic ETF 35.6 68 -28 2.7 -1.8
MMLG First Trust Multi-Manager Large Growth ETF 18.1 85 -45 1.8 -2.7
FDG American Century Focused Dynamic Growth ETF 17.2 45 -5 1.6 -2.9
JHMF John Hancock Multifactor Financials ETF 16.7 40 0 6.2 +1.7
SHE SPDR SSGA Gender Diversity Index ETF 16.0 20 20 3.9 -0.6
LEND Amplify CrowdBureau Peer-to-Peer Lending & Crowdfunding ETF 15.1 65 -25 5.4 +0.9
KOIN Innovation Shares NextGen Protocol ETF 15.0 95 -55 3.8 -0.7
ARKF ARK Fintech Innovation ETF 14.7 75 -35 0.5 -4.0
XLK Technology Select Sector SPDR Fund 13.7 12 28 4.2 -0.3
DTEC ALPS Disruptive Technologies ETF 13.4 50 -10 2.9 -1.6
BUYZ Franklin Disruptive Commerce ETF 13.1 50 -10 -0.2 -4.7
FTEC Fidelity MSCI Information Technology Index ETF 13.0 8 32 4.0 -0.5
VGT Vanguard Information Technology Index Fund 13.0 10 30 4.0 -0.5
GVIP Goldman Sachs Hedge Industry VIP ETF 12.7 45 -5 3.7 -0.8
VEGN US Vegan Climate ETF 12.6 60 -20 3.9 -0.6
IYG iShares US Financial Services ETF 12.2 42 -2 5.9 +1.5
PLAT WisdomTree Modern Tech Platforms Fund 12.1 20 20 1.3 -3.2
IYJ iShares U.S. Industrials ETF 12.0 42 -2 4.6 +0.1
IXN iShares Global Tech ETF 11.8 46 -6 3.8 -0.7
XSW SPDR S&P Software & Services ETF 11.7 35 5 3.0 -1.5
RYT Invesco S&P 500 Equal Weight Technology ETF 11.4 40 0 4.8 +0.3
IGM iShares Expanded Tech Sector ETF 10.8 46 -6 3.4 -1.1
IYF iShares U.S. Financials ETF 10.6 42 -2 5.7 +1.2
TECB iShares US Tech Breakthrough Multisector ETF 10.6 40 0 3.6 -0.9
BLOK Amplify Transformational Data Sharing ETF 10.3 70 -30 1.4 -3.1
GENY Principal Millennials Index ETF 10.0 45 -5 3.1 -1.4
ECOZ TrueMark ESG Active Opportunities ETF 9.5 58 -18 3.2 -1.3
USXF iShares ESG Advanced MSCI USA ETF 9.2 10 30 4.4 -0.1
GIGE SoFi Gig Economy ETF 9.0 59 -19 -0.6 -5.1
MILN Global X Millennial Consumer ETF 8.8 50 -10 2.1 -2.4
TDV ProShares S&P Technology Dividend Aristocrats ETF 8.6 46 -6 4.6 +0.1
LCG Sterling Capital Focus Equity ETF 8.5 59 -19 2.2 -2.3
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 8.5 68 -28 4.6 +0.1
IETC iShares Evolved U.S. Technology ETF 8.0 18 22 3.6 -0.9
FPXI First Trust International Equity Opportunities ETF 8.0 70 -30 2.1 -2.4
MGK Vanguard Mega Cap Growth ETF 8.0 7 33 3.6 -0.9
SCHG Schwab U.S. Large-Cap Growth ETF 7.4 4 36 3.3 -1.2
DIA SPDR Dow Jones Industrial Average ETF Trust 7.4 16 24 5.0 +0.5
QLV FlexShares US Quality Low Volatility Index Fund 7.4 22 18 4.2 -0.3
SPHQ Invesco S&P 500 Quality ETF 7.4 15 25 4.4 -0.1
WCLD WisdomTree Cloud Computing Fund 7.3 45 -5 -1.2 -5.7
ILCG iShares Morningstar Growth ETF 7.1 4 36 3.2 -1.3
AIEQ AI Powered Equity ETF 7.1 80 -40 2.1 -2.4
ARKW ARK Web x.0 ETF 7.1 79 -39 -0.9 -5.4
IWY iShares Russell Top 200 Growth ETF 7.0 20 20 3.8 -0.7
TMFC Motley Fool 100 Index ETF 7.0 50 -10 3.2 -1.3
VUG Vanguard Growth Index Fund 7.0 4 36 3.5 -1.0
LIV Emles (a)Home ETF 6.9 49 -9 2.4 -2.1
FPXE First Trust IPOX Europe Equity Opportunities ETF 6.9 70 -30 2.3 -2.2
EDOW First Trust Dow 30 Equal Weight ETF 6.8 50 -10 5.1 +0.6
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 6.7 49 -9 4.2 -0.3
ADME Aptus Drawdown Managed Equity ETF 6.7 79 -39 3.4 -1.1
SPQQ Siren Large Cap Blend Index ETF 6.7 20 20 3.9 -0.6
LRGE ClearBridge Large Cap Growth ESG ETF 6.7 59 -19 3.1 -1.4
FMK First Trust Mega Cap AlphaDEX Fund 6.6 70 -30 0.0 -4.5
FDN First Trust Dow Jones Internet Index Fund 6.5 52 -12 2.0 -2.5
JOYY Infusive Compounding Global Equities ETF 6.5 50 -10 3.6 -0.9
ARKK ARK Innovation ETF 6.3 75 -35 -1.3 -5.8
MTUM iShares MSCI USA Momentum Factor ETF 6.3 15 25 2.7 -1.8
RFFC RiverFront Dynamic US Flex-Cap ETF 6.3 52 -12 4.4 -0.1
NACP Impact Shares NAACP Minority Empowerment ETF 6.3 49 -9 4.4 -0.1
RDVY First Trust Rising Dividend Achievers ETF 6.2 50 -10 6.0 +1.5
VONG Vanguard Russell 1000 Growth Index Fund 6.2 8 32 3.8 -0.7
IWF iShares Russell 1000 Growth ETF 6.2 19 21 3.7 -0.8
IEFN iShares Evolved U.S. Financials ETF 6.1 18 22 7.1 +2.7
JMOM JPMorgan U.S. Momentum Factor ETF 6.1 12 28 3.4 -1.1
WOMN Impact Shares YWCA Women's Empowerment ETF 6.1 75 -35 4.3 -0.2
QUAL iShares MSCI Usa Quality Factor ETF 6.1 15 25 4.9 +0.4
FDNI First Trust Dow Jones International Internet ETF 5.9 65 -25 1.8 -2.7
USMV iShares Edge MSCI Min Vol USA ETF 5.8 15 25 5.1 +0.6
DSI iShares MSCI KLD 400 Social ETF 5.8 25 15 4.4 -0.1
QUS SPDR MSCI USA StrategicFactors ETF 5.7 15 25 5.1 +0.6
IVLC Invesco US Large Cap Core ESG ETF 5.7 48 -8 4.3 -0.2
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 5.6 12 28 4.9 +0.4
PNQI Invesco NASDAQ Internet ETF 5.6 60 -20 1.6 -2.9
BTEK BlackRock Future Tech ETF 5.6 88 -48 -0.3 -4.7
XLG Invesco S&P 500 Top 50 ETF 5.5 20 20 4.2 -0.3
ACIO Aptus Collared Income Opportunity ETF 5.5 79 -39 3.8 -0.7
ALFA AlphaClone Alternative Alpha ETF 5.5 65 -25 0.8 -3.7
SYG SPDR MFS Systematic Growth Equity ETF 5.4 60 -20 0.0 -4.5
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 5.4 50 -10 3.5 -1.0
NULG Nuveen ESG Large-Cap Growth ETF 5.4 35 5 3.1 -1.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 5.2 20 20 4.6 +0.1
YLDE ClearBridge Dividend Strategy ESG ETF 5.1 60 -20 4.4 -0.1
FPX First Trust US IPO Index Fund 5.1 58 -18 1.2 -3.3
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 5.1 60 -20 1.8 -2.7
BKLC BNY Mellon US Large Cap Core Equity ETF 5.0 0 40 4.6 +0.1
ACVF American Conservative Values ETF 5.0 75 -35 4.0 -0.5
IQSU IQ Candriam ESG US Equity ETF 5.0 9 31 4.6 +0.1
VSDA VictoryShares Dividend Accelerator ETF 4.9 35 5 4.4 -0.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 4.9 10 30 4.7 +0.2
IWL iShares Russell Top 200 ETF 4.9 15 25 4.5 +0.0
SUSL iShares ESG MSCI USA Leaders ETF 4.8 10 30 4.7 +0.2
FDRR Fidelity Dividend ETF for Rising Rates 4.8 29 11 6.1 +1.6
MGC Vanguard Mega Cap Index Fund 4.7 7 33 4.6 +0.1
SFY SoFi Select 500 ETF 4.7 0 40 4.6 +0.1
OEF iShares S&P 100 ETF 4.7 20 20 4.4 -0.1
HIPR Direxion High Growth ETF 4.7 40 0 4.0 -0.5
DFNL Davis Select Financial ETF 4.7 64 -24 6.4 +1.9
DEF Invesco Defensive Equity ETF 4.7 53 -13 5.0 +0.5
ANEW ProShares MSCI Transformational Changes ETF 4.7 45 -5 2.7 -1.8
FQAL Fidelity Quality Factor ETF 4.7 29 11 4.8 +0.3
SPXV ProShares S&P 500 Ex-Health Care ETF 4.6 27 13 4.2 -0.3
FLRG Fidelity U.S. Multifactor ETF 4.5 29 11 5.5 +1.0
ESGV Vanguard ESG U.S. Stock ETF 4.5 12 28 4.5 +0.0
ILF iShares Latin America 40 ETF 4.5 48 -8 4.6 +0.1
GURU Global X Guru Index ETF 4.5 75 -35 2.6 -1.9
PWB Invesco Dynamic Large Cap Growth ETF 4.5 56 -16 2.8 -1.7
LVOL American Century Low Volatility ETF 4.5 29 11 4.6 +0.1
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 4.5 49 -9 4.5 -0.0
XVV iShares ESG Screened S&P 500 ETF 4.5 8 32 4.7 +0.3
EWN iShares MSCI Netherlands ETF 4.5 51 -11 4.0 -0.5
VOOG Vanguard S&P 500 Growth ETF 4.5 10 30 3.9 -0.6
SUSA iShares MSCI USA ESG Select ETF 4.5 25 15 4.3 -0.2
IVW iShares S&P 500 Growth ETF 4.5 18 22 3.8 -0.7
SPYG SPDR Portfolio S&P 500 Growth ETF 4.5 4 36 3.9 -0.6
JCTR JPMorgan Carbon Transition U.S. Equity ETF 4.5 15 25 4.7 +0.2
FLLV Franklin Liberty U.S. Low Volatility ETF 4.4 29 11 4.7 +0.2
SPMO Invesco S&P 500 Momentum ETF 4.4 13 27 3.5 -1.0
EQOP Natixis U.S. Equity Opportunities ETF 4.4 90 -50 4.1 -0.4
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 4.3 64 -24 5.2 +0.7
VNSE Natixis Vaughan Nelson Select ETF 4.3 85 -45 2.8 -1.7
IUSG iShares Core S&P US Growth ETF 4.3 4 36 3.9 -0.6
ESGU iShares MSCI USA ESG Optimized ETF 4.2 15 25 4.5 +0.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 4.2 7 33 4.6 +0.1
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 4.2 19 21 5.0 +0.5
SPXN ProShares S&P 500 Ex-Financials ETF 4.2 27 13 4.3 -0.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 4.2 65 -25 8.1 +3.6
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 4.2 15 25 0.0 -4.5
VV Vanguard Large-Cap Index Fund 4.2 4 36 4.6 +0.1
RFDA RiverFront Dynamic US Dividend Advantage ETF 4.2 52 -12 4.8 +0.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 4.2 2 38 4.6 +0.1
SPXE ProShares S&P 500 Ex-Energy ETF 4.1 27 13 4.6 +0.1
PBUS Invesco PureBeta MSCI USA ETF 4.1 4 36 4.6 +0.1
PBP Invesco S&P 500 BuyWrite ETF 4.1 49 -9 4.2 -0.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 4.1 20 20 4.6 +0.1
CATH Global X S&P 500 Catholic Values Custom ETF 4.1 29 11 4.3 -0.2
SCHX Schwab U.S. Large-Cap ETF 4.1 3 37 4.6 +0.1
WUGI Esoterica NextG Economy ETF 4.1 75 -35 1.0 -3.5
ILCB iShares Morningstar U.S. Equity ETF 4.0 3 37 4.5 +0.1
QLC FlexShares US Quality Large Cap Index Fund 4.0 32 8 4.5 +0.1
XYLG Global X S&P 500 Covered Call & Growth ETF 4.0 60 -20 4.3 -0.2
ETHO Etho Climate Leadership U.S. ETF 4.0 48 -8 3.7 -0.8
SPY SPDR S&P 500 ETF Trust 4.0 9 31 4.6 +0.1
VOO VANGUARD S&P 500 ETF 4.0 3 37 4.7 +0.2
VONE Vanguard Russell 1000 ETF 4.0 8 32 4.5 +0.1
CACG ClearBridge All Cap Growth ETF 4.0 53 -13 3.9 -0.6
IVV iShares Core S&P 500 ETF 4.0 3 37 4.7 +0.2
IWB iShares Russell 1000 ETF 4.0 15 25 4.5 -0.0
ENTR Entrepreneur 30 Fund 4.0 49 -9 -0.9 -5.4
JQUA JPMorgan U.S. Quality Factor ETF 4.0 12 28 4.9 +0.5
SPLG SPDR Portfolio Large Cap ETF 4.0 3 37 4.7 +0.2
DUSA Davis Select U.S. Equity ETF 4.0 62 -22 6.2 +1.7
SCHK Schwab 1000 Index ETF 3.9 5 35 4.5 +0.0
QMOM Alpha Architect U.S. Quantitative Momentum ETF 3.9 49 -9 -0.8 -5.3
EQWL Invesco Russell Top 200 Equal Weight ETF 3.9 25 15 5.5 +1.0
IYY iShares Dow Jones U.S. ETF 3.9 20 20 4.4 -0.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 3.8 60 -20 3.9 -0.6
GSPY Gotham Enhanced 500 ETF 3.8 50 -10 4.6 +0.1
CWS AdvisorShares Focused Equity ETF 3.8 77 -37 4.2 -0.3
DYNF BlackRock U.S. Equity Factor Rotation ETF 3.8 30 10 5.4 +0.9
IWV iShares Russell 3000 ETF 3.8 20 20 4.3 -0.2
VTHR Vanguard Russell 3000 Index Fund 3.8 10 30 4.4 -0.1
SCHB Schwab U.S. Broad Market ETF 3.7 3 37 4.4 -0.1
VTI Vanguard Total Stock Market Index Fund 3.7 3 37 4.4 -0.1
SPTM SPDR Portfolio Total Stock Market ETF 3.7 3 37 4.8 +0.3
TTAC TrimTabs US Free Cash Flow Quality ETF 3.7 59 -19 4.5 +0.0
GBGR Global Beta Momentum-Growth ETF 3.7 29 11 2.7 -1.8
ITOT iShares Core S&P Total U.S. Stock Market ETF 3.7 3 37 4.4 -0.1
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 3.7 60 -20 4.8 +0.3
VIG Vanguard Dividend Appreciation Index Fund 3.6 6 34 5.1 +0.6
JSTC Adasina Social Justice All Cap Global ETF 3.5 89 -49 5.0 +0.6
SFYF SoFi 50 ETF 3.5 29 11 -1.7 -6.2
VOOV Vanguard S&P 500 Value ETF 3.5 10 30 5.8 +1.3
SPYV SPDR Portfolio S&P 500 Value ETF 3.5 4 36 5.9 +1.4
IVE iShares S&P 500 Value ETF 3.5 18 22 5.8 +1.3
PFI Invesco DWA Financial Momentum ETF 3.4 60 -20 6.6 +2.1
FDLO Fidelity Low Volatility Factor ETF 3.4 29 11 4.3 -0.2
QWLD SPDR MSCI World StrategicFactors ETF 3.4 30 10 5.2 +0.7
IDMO Invesco S&P International Developed Momentum ETF 3.4 25 15 3.6 -0.9
IPOS Renaissance International IPO ETF 3.4 80 -40 1.6 -2.9
IMOM Alpha Architect International Quantitative Momentum ETF 3.4 59 -19 3.2 -1.3
XLF Financial Select Sector SPDR Fund 3.3 12 28 6.6 +2.1
IUSV iShares Core S&P U.S. Value ETF 3.3 4 36 5.9 +1.4
RYF Invesco S&P 500 Equal Weight Financials ETF 3.3 40 0 6.9 +2.4
FFTY Innovator IBD 50 ETF 3.3 80 -40 9.1 +4.6
DFAU Dimensional US Core Equity Market ETF 3.2 12 28 4.7 +0.2
SNPE Xtrackers S&P 500 ESG ETF 3.2 10 30 4.7 +0.2
SPHB Invesco S&P 500 High Beta ETF 3.2 25 15 4.8 +0.3
QYLD Global X NASDAQ 100 Covered Call ETF 3.2 60 -20 3.2 -1.3
FDMO Fidelity Momentum Factor ETF 3.2 29 11 2.8 -1.7
EFIV SPDR S&P 500 ESG ETF 3.2 10 30 4.7 +0.2
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 3.2 60 -20 4.0 -0.5
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 3.2 60 -20 3.3 -1.2
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 3.2 75 -35 3.2 -1.3
JHML John Hancock Multifactor Large Cap ETF 3.2 29 11 4.7 +0.2
QQQM Invesco NASDAQ 100 ETF 3.2 15 25 3.7 -0.8
QQQ Invesco QQQ Trust 3.2 20 20 3.7 -0.8
NUSI Nationwide Risk-Managed Income ETF 3.2 68 -28 3.2 -1.3
SLT Pacer Salt High truBeta US Market ETF 3.2 60 -20 2.8 -1.7
EQRR ProShares Equities for Rising Rates ETF 3.1 35 5 5.5 +1.1
KOKU Xtrackers MSCI Kokusai Equity ETF 3.1 9 31 4.9 +0.4
ACWV iShares MSCI Global Min Vol Factor ETF 3.1 20 20 5.3 +0.8
RECS Columbia Research Enhanced Core ETF 3.1 15 25 5.2 +0.7
TOK iShares MSCI Kokusai ETF 3.1 25 15 4.8 +0.3
GDVD Principal Active Global Dividend Income ETF 3.0 58 -18 0.0 -4.5
IHAK iShares Cybersecurity & Tech ETF 3.0 47 -7 3.3 -1.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 3.0 12 28 4.4 -0.1
FNCL Fidelity MSCI Financials Index ETF 3.0 8 32 6.9 +2.4
PFM Invesco Dividend Achievers ETF 3.0 53 -13 4.9 +0.5
BOSS Global X Founder-Run Companies ETF 3.0 45 -5 2.7 -1.8
BUZZ VanEck Vectors Social Sentiment ETF 3.0 75 -35 3.1 -1.4
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 2.9 9 31 4.8 +0.3
AVUS Avantis U.S. Equity ETF 2.9 15 25 4.8 +0.4
EPS WisdomTree U.S. Earnings 500 Fund 2.9 8 32 5.8 +1.3
FBZ First Trust Brazil AlphaDEX Fund 2.9 80 -40 4.6 +0.1
VFH Vanguard Financials Index Fund 2.9 10 30 6.9 +2.4
URTH iShares MSCI World ETF 2.9 24 16 4.9 +0.4
FOVL iShares Focused Value Factor ETF 2.9 25 15 8.3 +3.8
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 2.8 25 15 4.7 +0.2
FDVV Fidelity Core Dividend ETF 2.8 29 11 6.1 +1.6
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 2.8 35 5 4.1 -0.4
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 2.8 59 -19 3.8 -0.7
IBUY Amplify Online Retail ETF 2.8 65 -25 -0.4 -4.9
FTC First Trust Large Cap Growth AlphaDEX Fund 2.8 60 -20 2.8 -1.7
DIVB iShares U.S. Dividend & Buyback ETF 2.8 25 15 5.6 +1.2
NULC Nuveen ESG Large-Cap ETF 2.8 20 20 4.5 -0.0
STLG iShares Factors US Growth Style ETF 2.7 25 15 4.7 +0.2
DJD Invesco Dow Jones Industrial Average Dividend ETF 2.7 7 33 6.3 +1.8
DSTL Distillate US Fundamental Stability & Value ETF 2.7 39 1 6.0 +1.5
SIXA 6 Meridian Mega Cap Equity ETF 2.7 82 -42 5.3 +0.8
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 2.7 69 -29 4.5 -0.0
XT iShares Exponential Technologies ETF 2.6 47 -7 4.6 +0.1
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 2.6 75 -35 2.3 -2.2
KRMA Global X Conscious Companies ETF 2.6 43 -3 4.8 +0.3
LGLV SPDR Russell 1000 Low Volatility ETF 2.6 12 28 4.4 -0.1
LYFE 2nd Vote Life Neutral Plus ETF 2.6 75 -35 5.6 +1.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.6 20 20 5.2 +0.7
LOWC SPDR MSCI ACWI Low Carbon Target ETF 2.6 20 20 5.3 +0.8
FCPI Fidelity Stocks for Inflation ETF 2.5 29 11 5.2 +0.7
THNQ ROBO Global Artificial Intelligence ETF 2.5 68 -28 1.8 -2.7
ACWI iShares MSCI ACWI ETF 2.5 32 8 5.0 +0.5
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 2.5 112 -72 1.8 -2.7
IWP iShares Russell Mid-Cap Growth ETF 2.5 24 16 2.8 -1.7
AUSF Global X Adaptive U.S. Factor ETF 2.4 27 13 7.1 +2.6
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 2.4 9 31 4.8 +0.3
RPG Invesco S&P 500 Pure Growth ETF 2.4 35 5 3.1 -1.4
RAFE PIMCO RAFI ESG U.S. ETF 2.4 30 10 6.3 +1.8
AFLG First Trust Active Factor Large Cap ETF 2.4 55 -15 4.5 0.0
IWX iShares Russell Top 200 Value ETF 2.3 20 20 5.8 +1.3
VT Vanguard Total World Stock ETF 2.3 8 32 5.2 +0.7
SYE SPDR MFS Systematic Core Equity ETF 2.3 60 -20 0.0 -4.5
VXF Vanguard Extended Market Index Fund 2.3 6 34 2.6 -1.9
IGV iShares Expanded Tech-Software ETF 2.3 46 -6 2.2 -2.3
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 2.2 57 -17 3.7 -0.8
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 2.2 15 25 5.7 +1.2
XITK SPDR FactSet Innovative Technology ETF 2.2 45 -5 0.2 -4.3
FLQL Franklin LibertyQ U.S. Equity ETF 2.2 15 25 5.7 +1.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.2 9 31 5.0 +0.6
FLIY Franklin FTSE Italy ETF 2.2 9 31 7.5 +3.0
NIFE Direxion Fallen Knives ETF 2.2 50 -10 3.9 -0.6
JEPI JPMorgan Equity Premium Income ETF 2.2 35 5 4.7 +0.2
VFMO Vanguard U.S. Momentum Factor ETF 2.2 13 27 2.6 -1.9
EWI iShares MSCI Italy ETF 2.2 51 -11 6.9 +2.4
DGRW WisdomTree U.S. Quality Dividend Growth Fund 2.1 28 12 5.8 +1.3
RSP Invesco S&P 500 Equal Weight ETF 2.1 20 20 5.0 +0.5
IMTM iShares Edge MSCI Intl Momentum Factor ETF 2.1 30 10 3.9 -0.6
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 2.1 21 19 3.1 -1.4
QGRO American Century STOXX U.S. Quality Growth ETF 2.1 29 11 4.2 -0.3
WFH Direxion Work From Home ETF 2.1 45 -5 3.6 -0.9
DGRO iShares Core Dividend Growth ETF 2.1 8 32 5.9 +1.4
CFA VictoryShares US 500 Volatility Weighted Index ETF 2.1 35 5 5.0 +0.5
CZA Invesco Zacks Mid-Cap ETF 2.1 69 -29 4.7 +0.2
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 2.1 35 5 5.0 +0.5
STLC iShares Factors US Blend Style ETF 2.1 25 15 5.3 +0.9
FEVR Inspire Faithward Large Cap Momentum ESG ETF 2.1 85 -45 3.3 -1.2
DGT SPDR Global Dow ETF 2.0 50 -10 6.0 +1.5
OUSA O'Shares FTSE US Quality Dividend ETF 2.0 48 -8 5.3 +0.8
EUSA iShares MSCI USA Equal Weighted ETF 2.0 15 25 4.9 +0.4
VOT Vanguard Mid-Cap Growth Index Fund 2.0 7 33 2.7 -1.8
KOMP SPDR Kensho New Economies Composite ETF 2.0 20 20 2.0 -2.5
SDOG ALPS Sector Dividend Dogs ETF 2.0 40 0 7.5 +3.0
SIZE iShares MSCI USA Size Factor ETF 2.0 15 25 4.9 +0.4
EWEB Global X Emerging Markets Internet & E-commerce ETF 1.9 65 -25 2.9 -1.6
PSCT Invesco S&P SmallCap Information Technology ETF 1.9 29 11 4.7 +0.2
LSLT Salt Low truBeta US Market ETF 1.9 60 -20 5.2 +0.7
NUSC Nuveen ESG Small-Cap ETF 1.9 40 0 3.7 -0.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 1.9 30 10 4.9 +0.4
RFDI First Trust Riverfront Dynamic Developed International ETF 1.9 83 -43 5.0 +0.6
CLRG IQ Chaikin U.S. Large Cap ETF 1.9 25 15 5.0 +0.5
MIDF iShares Edge MSCI Multifactor USA Mid-Cap ETF 1.8 25 15 6.5 +2.0
IWD iShares Russell 1000 Value ETF 1.8 19 21 5.6 +1.1
VONV Vanguard Russell 1000 Value Index Fund 1.8 8 32 5.7 +1.2
SPDV AAM S&P 500 High Dividend Value ETF 1.8 29 11 7.7 +3.2
IWFH iShares Virtual Work and Life Multisector ETF 1.8 47 -7 0.5 -4.0
IUS Invesco Strategic US ETF 1.8 19 21 5.0 +0.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 1.8 86 -46 2.4 -2.1
ACTV LeaderShares Activist Leaders ETF 1.8 75 -35 5.7 +1.2
DFND Siren DIVCON Dividend Defender ETF 1.8 144 -104 4.0 -0.5
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 1.8 30 10 6.9 +2.4
FEZ SPDR EURO STOXX 50 ETF 1.8 29 11 5.5 +1.0
WWOW Direxion World Without Waste ETF 1.8 50 -10 1.2 -3.3
SYLD Cambria Shareholder Yield ETF 1.8 59 -19 6.8 +2.3
SPMV Invesco S&P 500 Minimum Variance ETF 1.8 10 30 4.8 +0.3
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 1.8 30 10 5.1 +0.6
LEAD Siren DIVCON Leaders Dividend ETF 1.7 43 -3 5.0 +0.6
EURZ Xtrackers Eurozone Equity ETF 1.7 9 31 5.8 +1.3
FNDX Schwab Fundamental U.S. Large Co. Index ETF 1.7 25 15 5.4 +0.9
IXG iShares Global Financials ETF 1.7 46 -6 7.9 +3.4
VO Vanguard Mid-Cap Index Fund 1.7 4 36 4.3 -0.2
JIG JPMorgan International Growth ETF 1.7 55 -15 2.5 -2.0
VTRN Victory Portfolios II VictoryShares Top Veteran Employers ET 1.7 60 -20 5.8 +1.4
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.7 15 25 2.4 -2.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.7 63 -23 2.0 -2.5
XSLV Invesco S&P SmallCap Low Volatility ETF 1.7 25 15 4.9 +0.4
FVAL Fidelity Value Factor ETF 1.7 29 11 6.3 +1.8
VETS Pacer Military Times Best Employers ETF 1.7 60 -20 5.8 +1.3
QDEF FlexShares Quality Dividend Defensive Index Fund 1.7 37 3 5.4 +0.9
FUNL CornerCap Fundametrics Large-Cap ETF 1.7 50 -10 6.8 +2.3
VBK Vanguard Small-Cap Growth Index Fund 1.7 7 33 1.9 -2.6
ROUS Hartford Multifactor US Equity ETF 1.6 19 21 5.3 +0.8
FNDB Schwab Fundamental U.S. Broad Market Index ETF 1.6 25 15 5.3 +0.8
PRF Invesco FTSE RAFI US 1000 ETF 1.6 39 1 5.6 +1.1
SMDY Syntax Stratified MidCap ETF 1.6 30 10 4.8 +0.3
OSCV Opus Small Cap Value Plus ETF 1.6 79 -39 4.0 -0.5
QQQN VictoryShares Nasdaq Next 50 ETF 1.6 18 22 3.1 -1.4
PWC Invesco Dynamic Market ETF 1.6 58 -18 4.2 -0.3
DLN WisdomTree U.S. LargeCap Dividend Fund 1.5 28 12 5.9 +1.4
PSET Principal Price Setters Index ETF 1.5 15 25 4.7 +0.2
SLYG SPDR S&P 600 Small Cap Growth ETF 1.5 15 25 4.6 +0.1
IWO iShares Russell 2000 Growth ETF 1.5 24 16 0.1 -4.4
IJT iShares S&P Small-Cap 600 Growth ETF 1.5 18 22 4.6 +0.1
ESG FlexShares STOXX US ESG Impact Index Fund 1.5 32 8 4.6 +0.1
VIOG Vanguard S&P Small-Cap 600 Growth ETF 1.5 16 24 4.6 +0.1
JOET Virtus Terranova US Quality Momentum ETF 1.5 29 11 4.2 -0.3
VTWG Vanguard Russell 2000 Growth Index Fund 1.5 15 25 0.2 -4.3
TPLC Timothy Plan US Large Cap Core ETF 1.5 52 -12 4.3 -0.2
BICK First Trust BICK Index Fund 1.5 64 -24 3.7 -0.8
SPGP Invesco S&P 500 GARP ETF 1.5 34 6 6.2 +1.7
VLU SPDR S&P 1500 Value Tilt ETF 1.5 12 28 6.0 +1.5
SFYX Sofi Next 500 ETF 1.5 0 40 4.9 +0.4
PY Principal Shareholder Yield Index ETF 1.4 15 25 7.6 +3.1
FEX First Trust Large Cap Core AlphaDEX Fund 1.4 59 -19 5.2 +0.7
ISCG iShares Morningstar Small-Cap Growth ETF 1.4 6 34 1.8 -2.7
IWR iShares Russell Midcap ETF 1.4 19 21 4.4 -0.1
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 1.4 29 11 0.8 -3.7
MFMS Motley Fool Small-Cap Growth ETF 1.4 85 -45 0.7 -3.8
STLV iShares Factors US Value Style ETF 1.4 25 15 6.6 +2.1
RVRS Reverse Cap Weighted U.S. Large Cap ETF 1.4 29 11 5.1 +0.6
RNLC Large Cap US Equity Select ETF 1.4 60 -20 4.9 +0.4
VOE Vanguard Mid-Cap Value Index Fund 1.4 7 33 5.9 +1.4
FSMD Fidelity Small-Mid Factor ETF 1.4 29 11 5.7 +1.2
BIBL Inspire ETF 1.4 35 5 4.1 -0.4
QDYN FlexShares Quality Dividend Dynamic Index Fund 1.4 37 3 5.4 +0.9
MXDU Nationwide Maximum Diversification US Core Equity ETF 1.4 34 6 4.2 -0.3
RFEU First Trust Riverfront Dynamic Europe ETF 1.4 83 -43 4.7 +0.2
DTD WisdomTree U.S.Total Dividend Fund 1.4 28 12 6.0 +1.5
FTXO First Trust Nasdaq Bank ETF 1.3 60 -20 7.1 +2.6
TPSC Timothy Plan US Small Cap Core ETF 1.3 52 -12 5.6 +1.1
STMB iShares Factors US Mid Blend Style ETF 1.3 30 10 5.3 +0.8
HLGE Hartford Longevity Economy ETF 1.3 44 -4 5.9 +1.4
QSY WisdomTree U.S. LargeCap Value Fund 1.3 38 2 6.3 +1.9
EWA iShares MSCI Australia ETF 1.3 51 -11 4.9 +0.4
ILCV iShares Morningstar Value ETF 1.3 4 36 5.8 +1.3
EZU iShares MSCI Eurozone ETF 1.3 51 -11 5.5 +1.0
SIXS 6 Meridian Small Cap Equity ETF 1.3 97 -57 5.8 +1.3
FLFR Franklin FTSE France ETF 1.2 9 31 5.4 +0.9
NUMV Nuveen ESG Mid-Cap Value ETF 1.2 40 0 5.4 +0.9
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 1.2 29 11 5.9 +1.4
ESGS Columbia Sustainable U.S. Equity Income ETF 1.2 35 5 7.1 +2.6
IDHQ Invesco S&P International Developed Quality ETF 1.2 29 11 5.0 +0.5
RWL Invesco S&P 500 Revenue ETF 1.2 39 1 5.6 +1.2
RZG Invesco S&P Smallcap 600 Pure Growth ETF 1.2 35 5 4.8 +0.3
IEDI iShares Evolved U.S. Discretionary Spending ETF 1.2 18 22 3.3 -1.2
FLAU Franklin FTSE Australia ETF 1.2 9 31 5.4 +0.9
ONEY SPDR Russell 1000 Yield Focus ETF 1.2 20 20 6.0 +1.5
SCHV Schwab U.S. Large-Cap Value ETF 1.2 4 36 5.8 +1.3
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 1.2 35 5 5.9 +1.4
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 1.2 35 5 5.9 +1.4
PSJ Invesco Dynamic Software ETF 1.2 56 -16 1.6 -2.9
SPYD SPDR S&P 500 High Dividend ETF 1.2 7 33 7.6 +3.1
MOAT VanEck Vectors Morningstar Wide Moat ETF 1.2 47 -7 5.8 +1.3
PSC Principal U.S. Small Cap Index ETF 1.2 38 2 4.3 -0.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 1.2 47 -7 5.5 +1.0
QDF FlexShares Quality Dividend Index Fund 1.2 37 3 5.5 +1.0
IMCG iShares Morningstar Mid-Cap Growth ETF 1.2 6 34 3.2 -1.3
BKSE BNY Mellon US Small Cap Core Equity ETF 1.2 4 36 4.6 +0.1
DTN WisdomTree U.S. Dividend ex-Financials Fund 1.1 38 2 6.5 +2.1
EWQ iShares MSCI France ETF 1.1 51 -11 5.0 +0.5
EFG iShares MSCI EAFE Growth ETF 1.1 40 0 3.9 -0.6
IUSS Invesco Strategic US Small Company ETF 1.1 23 17 3.3 -1.2
RESP WisdomTree US ESG Fund of Benef Interest 1.1 28 12 5.1 +0.7
CHIK Global X MSCI China Information Technology ETF 1.1 66 -26 4.6 +0.1
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 1.1 20 20 0.0 -4.5
ISCB iShares Morningstar Small-Cap ETF 1.1 4 36 4.0 -0.5
DVY iShares Select Dividend ETF 1.1 39 1 7.2 +2.7
SSLY Syntax Stratified SmallCap ETF 1.1 30 10 4.6 +0.1
VNMC Natixis Vaughan Nelson Mid Cap ETF 1.1 90 -50 5.9 +1.4
PDP Invesco DWA Momentum ETF 1.1 62 -22 2.5 -2.0
SIXL 6 Meridian Low Beta Equity Strategy ETF 1.1 84 -44 4.3 -0.2
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 1.1 17 23 5.4 +0.9
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.0 9 31 3.4 -1.1
FXL First Trust Technology AlphaDEX Fund 1.0 61 -21 4.4 -0.1
SKYY First Trust Cloud Computing ETF 1.0 60 -20 2.6 -1.9
LSAF LeaderShares AlphaFactor US Core Equity ETF 1.0 75 -35 5.1 +0.6
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.0 60 -20 6.1 +1.7
DON WisdomTree U.S. MidCap Dividend Fund 1.0 38 2 6.1 +1.6
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.0 39 1 3.5 -1.0
VFQY Vanguard U.S. Quality Factor ETF 1.0 13 27 4.9 +0.4
KLCD KFA Large Cap Quality Dividend Index ETF 1.0 42 -2 5.2 +0.7
BLES Inspire Global Hope Large Cap ETF 1.0 52 -12 4.7 +0.2
DFAI Dimensional International Core Equity Market ETF 1.0 18 22 6.0 +1.5
GOAT VanEck Vectors Morningstar Global Wide Moat ETF 1.0 52 -12 4.8 +0.3
VALQ American Century STOXX U.S. Quality Value ETF 1.0 29 11 6.8 +2.3
DWCR Arrow DWA Country Rotation ETF 1.0 136 -96 3.4 -1.1
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 1.0 35 5 6.8 +2.3
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 1.0 35 5 6.8 +2.3
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 1.0 58 -18 7.8 +3.3
PEXL Pacer US Export Leaders ETF 1.0 60 -20 3.8 -0.7
RFV Invesco S&P Midcap 400 Pure Value ETF 1.0 35 5 8.0 +3.5
IWS iShares Russell Mid-Cap Value ETF 0.9 24 16 5.2 +0.8
EQAL Invesco Russell 1000 Equal Weight ETF 0.9 20 20 4.8 +0.3
PBSM Invesco PureBeta MSCI USA Small Cap ETF 0.9 6 34 4.0 -0.5
DFJ WisdomTree Japan SmallCap Dividend Fund 0.9 58 -18 7.7 +3.2
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.9 12 28 5.3 +0.8
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 0.9 25 15 5.4 +0.9
IMCB iShares Morningstar Mid-Cap ETF 0.9 4 36 4.6 +0.1
OGIG O'Shares Global Internet Giants ETF 0.9 48 -8 1.1 -3.4
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.9 15 25 6.2 +1.7
NULV Nuveen ESG Large-Cap Value ETF 0.9 35 5 5.8 +1.3
MDYV SPDR S&P 400 Mid Cap Value ETF 0.9 15 25 6.2 +1.7
IJJ iShares S&P Mid-Cap 400 Value ETF 0.9 18 22 6.2 +1.7
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.9 4 36 4.6 +0.1
VB Vanguard Small-Cap ETF 0.9 5 35 4.2 -0.3
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 0.9 17 23 3.9 -0.6
TPHD Timothy Plan High Dividend Stock ETF 0.9 52 -12 5.3 +0.8
BBEU JPMorgan BetaBuilders Europe ETF 0.9 9 31 6.2 +1.7
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.9 18 22 5.6 +1.1
SPLV Invesco S&P 500 Low Volatility ETF 0.9 25 15 5.4 +0.9
ALTL Pacer Lunt Large Cap Alternator ETF 0.9 60 -20 4.5 +0.0
KEJI Global X China Innovation ETF 0.9 75 -35 2.9 -1.6
XJR iShares ESG Screened S&P Small-Cap ETF 0.9 12 28 5.2 +0.7
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 0.9 38 2 6.4 +1.9
XJH iShares ESG Screened S&P Mid-Cap ETF 0.9 12 28 5.2 +0.7
IEV iShares Europe ETF 0.9 59 -19 5.7 +1.2
BBAX JPMorgan BetaBuilders Developed Asia ex-Japan ETF 0.9 19 21 5.6 +1.1
VTV Vanguard Value Index Fund 0.8 4 36 6.1 +1.7
ONEO SPDR Russell 1000 Momentum Focus ETF 0.8 20 20 5.3 +0.8
FLEE Franklin FTSE Europe ETF 0.8 9 31 6.0 +1.5
FTLB First Trust Hedged BuyWrite Income ETF 0.8 85 -45 5.0 +0.6
FLEH Franklin FTSE Europe Hedged ETF 0.8 9 31 6.1 +1.6
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.8 29 11 5.0 +0.5
SPSM SPDR Portfolio Small Cap ETF 0.8 5 35 5.4 +0.9
FTHI First Trust High Income ETF 0.8 85 -45 5.0 +0.5
SLY SPDR S&P 600 Small Cap ETF 0.8 15 25 5.3 +0.8
VLUE iShares MSCI USA Value Factor ETF 0.8 15 25 8.8 +4.3
VIOO Vanguard S&P Small-Cap 600 ETF 0.8 10 30 5.4 +0.9
JHMM John Hancock Multifactor Mid Cap ETF 0.8 42 -2 4.5 -0.0
IJR iShares Core S&P Small Cap ETF 0.8 6 34 5.4 +0.9
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 0.8 40 0 5.0 +0.5
IVOO Vanguard S&P Mid-Cap 400 ETF 0.8 10 30 5.2 +0.7
IJH iShares Core S&P Mid-Cap ETF 0.8 5 35 5.3 +0.8
SPMD SPDR Portfolio Mid Cap ETF 0.8 5 35 5.3 +0.8
VGK Vanguard FTSE Europe ETF 0.8 8 32 6.1 +1.6
IWM iShares Russell 2000 ETF 0.8 19 21 2.6 -1.9
EPP iShares MSCI Pacific ex-Japan ETF 0.8 48 -8 5.2 +0.8
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 0.8 30 10 6.1 +1.6
VTWO Vanguard Russell 2000 Index Fund 0.8 10 30 2.7 -1.8
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.8 15 25 5.3 +0.8
JHSC John Hancock Multifactor Small Cap ETF 0.8 42 -2 4.6 +0.1
RWK Invesco S&P MidCap 400 Revenue ETF 0.8 39 1 5.9 +1.4
HKND Humankind US Stock ETF 0.8 209 -169 3.5 -1.0
EWMC Invesco S&P MidCap 400 Equal Weight ETF 0.8 40 0 5.2 +0.7
SPEU SPDR Portfolio Europe ETF 0.8 9 31 6.0 +1.5
SCHA Schwab U.S. Small-Cap ETF 0.8 4 36 3.5 -1.0
VUSE Vident Core US Equity Fund 0.8 48 -8 6.3 +1.8
ISCV iShares Morningstar Small Cap Value ETF 0.8 6 34 5.8 +1.3
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 0.7 20 20 3.6 -0.9
CSML IQ Chaikin U.S. Small Cap ETF 0.7 35 5 2.3 -2.2
KLDW Gavekal Knowledge Leaders Developed World ETF 0.7 75 -35 4.0 -0.5
IQSI IQ Candriam ESG International Equity ETF 0.7 15 25 6.0 +1.5
RNDV US Equity Dividend Select ETF 0.7 50 -10 6.3 +1.8
SCHM Schwab U.S. Mid-Cap ETF 0.7 4 36 4.6 +0.1
MGV Vanguard Mega Cap Value ETF 0.7 7 33 6.2 +1.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.7 20 20 4.0 -0.5
DES WisdomTree U.S. SmallCap Dividend Fund 0.7 38 2 6.0 +1.5
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.7 20 20 5.6 +1.1
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.7 70 -30 1.1 -3.4
IMCV iShares Morningstar Mid-Cap Value ETF 0.7 6 34 5.8 +1.4
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 0.7 35 5 4.8 +0.3
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.7 17 23 5.3 +0.8
BKIE BNY Mellon International Equity ETF 0.7 4 36 6.3 +1.8
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 0.7 35 5 5.8 +1.3
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.7 7 33 3.9 -0.6
RNSC Small Cap US Equity Select ETF 0.7 60 -20 5.4 +0.9
VFMV Vanguard U.S. Minimum Volatility ETF 0.7 13 27 4.3 -0.2
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.7 46 -6 5.7 +1.2
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.7 15 25 4.1 -0.4
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.7 15 25 4.1 -0.4
IJK iShares S&P Mid-Cap 400 Growth ETF 0.7 17 23 4.1 -0.4
EWUS iShares MSCI United Kingdom Small Cap ETF 0.6 59 -19 5.0 +0.5
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.6 42 -2 4.7 +0.2
HEZU iShares Currency Hedged MSCI Eurozone ETF 0.6 54 -14 5.4 +0.9
GSID Goldman Sachs MarketBeta International Equity ETF 0.6 20 20 6.0 +1.5
TPIF Timothy Plan International ETF 0.6 62 -22 5.6 +1.1
STSB iShares Factors US Small Blend Style ETF 0.6 35 5 3.5 -1.0
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.6 60 -20 5.9 +1.4
SQEW LeaderShares Equity Skew ETF 0.6 75 -35 5.5 +1.0
PSCF Invesco S&P SmallCap Financials ETF 0.6 29 11 8.1 +3.6
XSHQ Invesco S&P SmallCap Quality ETF 0.6 29 11 5.4 +0.9
RBIN Nationwide Risk-Based International Equity ETF 0.6 42 -2 5.7 +1.2
HFXI IQ 50 Percent Hedged FTSE International ETF 0.6 20 20 6.2 +1.7
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 0.6 7 33 6.2 +1.7
DLS WisdomTree International SmallCap Dividend Fund 0.6 58 -18 7.7 +3.2
IEUR iShares Core MSCI Europe ETF 0.6 9 31 6.0 +1.5
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.6 29 11 4.7 +0.2
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.6 20 20 5.9 +1.4
FJP First Trust Japan AlphaDEX Fund 0.6 80 -40 7.8 +3.3
RYJ Invesco Raymond James SB-1 Equity ETF 0.6 76 -36 2.9 -1.6
LRGF iShares Edge MSCI Multifactor USA ETF 0.6 20 20 5.9 +1.4
SCHF Schwab International Equity ETF 0.6 6 34 6.2 +1.7
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.6 25 15 4.6 +0.1
SMMD iShares Russell 2500 ETF 0.6 15 25 4.6 +0.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.6 39 1 5.0 +0.5
RBUS Nationwide Risk-Based U.S. Equity ETF 0.6 30 10 4.9 +0.4
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.6 39 1 3.7 -0.8
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 0.6 35 5 6.4 +1.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.5 36 4 5.9 +1.4
RNMC Mid Cap US Equity Select ETF 0.5 60 -20 5.7 +1.2
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Eq 0.5 48 -8 7.8 +3.3
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 0.5 35 5 4.7 +0.2
EFA iShares MSCI EAFE ETF 0.5 32 8 5.9 +1.5
PIZ Invesco DWA Developed Markets Momentum ETF 0.5 80 -40 3.5 -1.0
TUSA First Trust Total US Market AlphaDEX ETF 0.5 70 -30 5.5 +1.0
SPXT ProShares S&P 500 Ex-Technology ETF 0.5 27 13 4.7 +0.2
VEA Vanguard FTSE Developed Markets ETF 0.5 5 35 6.2 +1.7
JHMT John Hancock Multifactor Technology ETF 0.5 40 0 4.1 -0.4
PDEV Principal International Multi-Factor Core Index ETF 0.5 25 15 6.5 +2.0
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 0.5 20 20 6.6 +2.1
DMXF iShares ESG Advanced MSCI EAFE ETF 0.5 12 28 5.7 +1.2
BFOR Barron's 400 ETF 0.5 65 -25 5.5 +1.1
IEFA iShares Core MSCI EAFE ETF 0.5 7 33 6.1 +1.6
FNX First Trust Mid Cap Core AlphaDEX Fund 0.5 60 -20 5.0 +0.5
ESGD iShares MSCI EAFE ESG Optimized ETF 0.5 20 20 6.0 +1.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.5 25 15 5.7 +1.2
VSGX Vanguard ESG International Stock ETF 0.5 17 23 6.1 +1.6
ROSC Hartford Multifactor Small Cap ETF 0.5 34 6 6.6 +2.1
JHMD John Hancock Multifactor Developed International ETF 0.5 39 1 6.1 +1.6
IQLT iShares Edge MSCI Intl Quality Factor ETF 0.5 30 10 5.1 +0.6
KNGS UPHOLDINGS Compound Kings ETF 0.5 60 -20 3.1 -1.4
WDIV SPDR Global Dividend ETF 0.5 40 0 8.4 +3.9
FID First Trust S&P International Dividend Aristocrats ETF 0.5 60 -20 8.2 +3.7
EZM WisdomTree U.S. MidCap Earnings Fund 0.5 38 2 7.0 +2.5
WLDR Affinity World Leaders Equity ETF 0.5 47 -7 7.7 +3.2
ISZE iShares Edge MSCI Intl Size Factor ETF 0.5 30 10 5.8 +1.4
EES WisdomTree SmallCap Earnings Fund 0.5 38 2 7.1 +2.6
CIL VictoryShares International Volatility Weighted Index ETF 0.5 45 -5 5.9 +1.4
EBIZ Global X E-Commerce ETF 0.5 50 -10 3.3 -1.2
XWEB SPDR S&P Internet ETF 0.5 35 5 0.2 -4.3
IDEV iShares Core MSCI International Developed Markets ETF 0.5 5 35 6.0 +1.6
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 0.5 45 -5 5.9 +1.4
SCJ iShares MSCI Japan Small-Cap ETF 0.5 51 -11 5.5 +1.0
VAMO Cambria Value & Momentum ETF 0.5 63 -23 4.6 +0.1
IWC iShares Micro-Cap ETF 0.4 60 -20 -2.5 -6.9
FDEV Fidelity Targeted International Factor ETF 0.4 39 1 5.6 +1.1
LOUP Innovator Loup Frontier Tech ETF 0.4 70 -30 2.7 -1.8
VFVA Vanguard U.S. Value Factor ETF 0.4 14 26 7.8 +3.3
IDLB Invesco FTSE International Low Beta Equal Weight ETF 0.4 45 -5 5.7 +1.2
FNK First Trust Mid Cap Value AlphaDEX Fund 0.4 70 -30 7.0 +2.5
AVDV Avantis International Small Cap Value ETF 0.4 36 4 6.3 +1.9
IMFL Invesco International Developed Dynamic Multifactor ETF 0.4 34 6 6.9 +2.4
VEU Vanguard FTSE All-World ex-US Index Fund 0.4 8 32 6.4 +1.9
ISMD Inspire Small/Mid Cap Impact ETF 0.4 60 -20 4.5 +0.0
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.4 39 1 6.5 +2.1
FYC First Trust Small Cap Growth AlphaDEX Fund 0.4 70 -30 1.8 -2.7
UIVM VictoryShares USAA MSCI International Value Momentum ETF 0.4 35 5 7.5 +3.0
IYW iShares U.S. Technology ETF 0.4 43 -3 3.6 -0.9
VBR Vanguard Small Cap Value Index Fund 0.4 7 33 5.7 +1.2
VXUS Vanguard Total International Stock ETF 0.4 8 32 6.3 +1.8
SPDW SPDR Portfolio Developed World ex-US ETF 0.4 4 36 5.9 +1.4
BFTR Future Innovators ETF 0.4 80 -40 -1.2 -5.7
COWZ Pacer US Cash Cows 100 ETF 0.4 49 -9 8.0 +3.5
FTA First Trust Large Cap Value AlphaDEX Fund 0.4 60 -20 7.0 +2.6
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.4 39 1 5.1 +0.6
CALF Pacer US Small Cap Cash Cows 100 ETF 0.4 59 -19 8.1 +3.6
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 0.4 30 10 7.7 +3.2
OUSM O'Shares FTSE Russell Small Cap Quality Dividend ETF 0.4 48 -8 5.4 +0.9
FIVG Defiance Next Gen Connectivity ETF 0.4 30 10 4.3 -0.2
SQLV Legg Mason Small-Cap Quality Value 0.4 62 -22 4.3 -0.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.4 25 15 5.8 +1.3
IPAC iShares Core MSCI Pacific ETF 0.4 9 31 6.1 +1.6
FAB First Trust Multi Cap Value AlphaDEX Fund 0.4 70 -30 7.1 +2.6
FYX First Trust Small Cap Core AlphaDEX Fund 0.4 63 -23 5.3 +0.9
AFSM First Trust Active Factor Small Cap ETF 0.4 77 -37 4.6 +0.1
FXO First Trust Financials AlphaDEX Fund 0.4 62 -22 8.1 +3.6
SCHD Schwab U.S. Dividend Equity ETF 0.4 6 34 6.7 +2.2
ACWX iShares MSCI ACWI ex U.S. ETF 0.4 32 8 6.1 +1.6
HLAL Wahed FTSE USA Shariah ETF 0.4 50 -10 4.0 -0.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.4 41 -1 6.0 +1.5
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 0.4 75 -35 7.3 +2.8
IXUS ishares Core MSCI Total International Stock ETF 0.4 9 31 6.2 +1.7
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.3 80 -40 6.8 +2.3
DWX SPDR S&P International Dividend ETF 0.3 45 -5 16.7 +12.2
VYM Vanguard High Dividend Yield Index ETF 0.3 6 34 6.4 +1.9
VFLQ Vanguard U.S. Liquidity Factor ETF 0.3 14 26 3.3 -1.2
AVDE Avantis International Equity ETF 0.3 23 17 6.5 +2.0
ACWF iShares MSCI Global Multifactor ETF 0.3 35 5 6.6 +2.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.3 49 -9 4.3 -0.2
SCZ iShares MSCI Eafe Small-Cap ETF 0.3 40 0 5.1 +0.6
JVAL JPMorgan U.S. Value Factor ETF 0.3 12 28 6.5 +2.0
VPL Vanguard FTSE Pacific ETF 0.3 8 32 6.3 +1.8
FDL First Trust Morningstar Dividend Leaders Index Fund 0.3 45 -5 8.3 +3.8
CWI SPDR MSCI ACWI ex-US ETF 0.3 30 10 6.0 +1.5
JSML Janus Henderson Small Cap Growth Alpha ETF 0.3 30 10 5.1 +0.6
EWJE iShares MSCI Japan Equal Weighted ETF 0.3 15 25 6.1 +1.7
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.3 24 16 5.4 +0.9
ENZL iShares MSCI New Zealand Capped ETF 0.3 51 -11 2.9 -1.6
GWX SPDR S&P International Small Cap ETF 0.3 40 0 4.8 +0.3
AIQ Global X Future Analytics Tech ETF 0.3 68 -28 3.4 -1.1
HEFA iShares Currency Hedged MSCI EAFE ETF 0.3 35 5 5.9 +1.4
DEFA iShares Adaptive Currency Hedged MSCI EAFE ETF 0.3 35 5 5.9 +1.4
DWAS Invesco DWA SmallCap Momentum ETF 0.3 60 -20 -0.6 -5.1
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.3 80 -40 4.7 +0.2
REVS Columbia Research Enhanced Value ETF 0.3 19 21 6.4 +1.9
AFMC First Trust Active Factor Mid Cap ETF 0.3 65 -25 5.2 +0.7
FYT First Trust Small Cap Value AlphaDEX Fund 0.3 72 -32 7.4 +2.9
SPEM SPDR Portfolio Emerging Markets ETF 0.3 11 29 6.8 +2.3
QINT American Century Quality Diversified International ETF 0.3 39 1 6.2 +1.7
IPO Renaissance IPO ETF 0.3 60 -20 -2.6 -7.1
SCHC Schwab International Small-Cap Equity ETF 0.2 11 29 4.9 +0.4
FITE SPDR Kensho Future Security ETF 0.2 45 -5 3.4 -1.1
CIBR First Trust NASDAQ CEA Cybersecurity ETF 0.2 60 -20 3.1 -1.4
HACK ETFMG Prime Cyber Security ETF 0.2 60 -20 3.1 -1.4
BUG Global X Cybersecurity ETF 0.2 50 -10 1.4 -3.1
VFMF Vanguard U.S. Multifactor ETF 0.2 19 21 6.1 +1.6
JMIN JPMorgan U.S. Minimum Volatility ETF 0.2 12 28 5.2 +0.7
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 0.2 61 -21 4.4 -0.1
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.2 15 25 6.1 +1.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.2 36 4 6.7 +2.2
AVUV Avantis U.S. Small Cap Value ETF 0.2 25 15 5.9 +1.4
SLYV SPDR S&P 600 Small Cap Value ETF 0.2 15 25 6.0 +1.5
DHS WisdomTree U.S. High Dividend Fund 0.2 38 2 7.4 +3.0
IJS iShares S&P Small-cap 600 Value ETF 0.2 18 22 5.9 +1.5
QEFA SPDR MSCI EAFE Quality Mix ETF 0.2 30 10 5.8 +1.3
HDV iShares Core High Dividend ETF 0.2 8 32 6.0 +1.5
JHEM John Hancock Multifactor Emerging Markets ETF 0.2 49 -9 6.9 +2.4
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.2 30 10 5.0 +0.5
IEUS iShares MSCI Europe Small-Cap ETF 0.2 40 0 4.9 +0.4
JPN Xtrackers Japan JPX-Nikkei 400 Equity ETF 0.2 9 31 6.5 +2.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 11 29 5.3 +0.8
BBJP JPMorgan BetaBuilders Japan ETF 0.2 19 21 6.4 +1.9
ECNS iShares MSCI China Small-Cap ETF 0.2 59 -19 12.4 +7.9
DURA VanEck Vectors Morningstar Durable Dividend ETF 0.2 29 11 6.9 +2.4
FLJP Franklin FTSE Japan ETF 0.2 9 31 6.5 +2.0
FLJH Franklin FTSE Japan Hedged ETF 0.2 9 31 6.6 +2.1
HAWX iShares Currency Hedged MSCI ACWI ex U.S. ETF 0.2 35 5 6.2 +1.7
VIGI Vanguard International Dividend Appreciation ETF 0.2 20 20 4.8 +0.3
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 0.2 32 8 5.5 +1.0
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 0.2 25 15 6.4 +1.9
PKW Invesco Buyback Achievers ETF 0.2 62 -22 6.9 +2.5
ZCAN SPDR Solactive Canada ETF 0.2 14 26 0.0 -4.5
QABA First Trust NASDAQ ABA Community Bank Index Fund 0.2 60 -20 6.4 +1.9
HSCZ iShares Currency Hedged MSCI EAFE Small-Cap ETF 0.2 43 -3 5.3 +0.8
SMDV ProShares Russell 2000 Dividend Growers ETF 0.2 41 -1 4.9 +0.4
JPXN iShares JPX-Nikkei 400 ETF 0.2 48 -8 6.1 +1.6
SDIV Global X SuperDividend ETF 0.2 59 -19 14.0 +9.5
RSXJ VanEck Vectors Russia Small-Cap ETF 0.2 77 -37 6.3 +1.8
RNDM First Trust Developed International Equity Select ETF 0.1 65 -25 5.3 +0.8
VTWV Vanguard Russell 2000 Value Index Fund 0.1 15 25 4.6 +0.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 1 5.6 +1.1
MCHI iShares MSCI China ETF 0.1 59 -19 6.9 +2.4
IWN iShares Russell 2000 Value ETF 0.1 24 16 4.6 +0.1
PQSV PGIM QMA Strategic Alpha Small-Cap Value ETF 0.1 29 11 5.9 +1.4
FDM First Trust Dow Jones Select Microcap Index Fund 0.1 60 -20 3.3 -1.2
DXJ WisdomTree Japan Hedged Equity Fund 0.1 48 -8 7.3 +2.8
EWJ iShares MSCI Japan ETF 0.1 51 -11 6.1 +1.6
DBJP Xtrackers MSCI Japan Hedged Equity ETF 0.1 46 -6 6.2 +1.7
AVEM Avantis Emerging Markets Equity ETF 0.1 33 7 7.8 +3.3
ISEM Invesco RAFI Strategic Emerging Markets ETF 0.1 35 5 8.8 +4.3
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 58 -18 4.9 +0.4
VWID Virtus WMC International Dividend ETF 0.1 49 -9 7.1 +2.6
KVLE KFA Value Liner Dynamic Core Equity Index ETF 0.1 56 -16 5.9 +1.4
DEW WisdomTree Global High Dividend Fund 0.1 58 -18 8.0 +3.5
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.1 71 -31 7.4 +2.9
BKF iShares MSCI BRIC ETF 0.1 70 -30 6.4 +1.9
CN Xtrackers MSCI All China Equity ETF 0.1 50 -10 7.1 +2.6
HJPX iShares Currency Hedged JPX-Nikkei 400 ETF 0.1 48 -8 6.1 +1.6
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -25 6.4 +1.9
ESGE iShares ESG Aware MSCI EM ETF 0.1 25 15 6.8 +2.3
HEWJ iShares Currency Hedged MSCI Japan ETF 0.1 51 -11 6.0 +1.5
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 -5 6.9 +2.4
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.1 70 -30 5.8 +1.3
IEMG iShares Core MSCI Emerging Markets ETF 0.1 11 29 6.7 +2.3
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.1 30 10 6.5 +2.0
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.1 50 -10 5.3 +0.8
MDY SPDR S&P Midcap 400 ETF Trust 0.0 23 17 5.1 +0.6
EEM iShares MSCI Emerging Markets ETF 0.0 70 -30 6.1 +1.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.0 66 -26 6.1 +1.6
DTH WisdomTree International High Dividend Fund 0.0 58 -18 8.0 +3.5
ZJPN SPDR Solactive Japan ETF 0.0 14 26 0.0 -4.5
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 0.0 24 16 6.4 +1.9
JEMA JPMorgan Emerging Markets Equity Core ETF 0.0 39 1 8.5 +4.0
ITEQ BlueStar Israel Technology ETF 0.0 75 -35 1.7 -2.8
DWM WisdomTree International Equity Fund 0.0 48 -8 6.7 +2.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 -19 9.9 +5.5
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 0.0 70 -30 6.2 +1.7
VYMI Vanguard International High Dividend Yield ETF 0.0 27 13 8.6 +4.1
EEMA iShares MSCI Emerging Markets Asia ETF 0.0 50 -10 6.5 +2.0
VWO Vanguard FTSE Emerging Markets ETF 0.0 10 30 7.0 +2.5
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 5 7.0 +2.5
IQDG WisdomTree International Quality Dividend Growth Fund 0.0 42 -2 5.9 +1.4

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Tortoise Digital Payments Infrastructure Fund
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 18.0 %
Divided by: Fwd. P/BV 3.7 x
Less: Expense ratio 40 bp
Equals: ALTAR Score 4.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.41 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.