Virtus Reaves Utilities ETF
ALTAR
Score™		 6.1% info Recommen-
dation		 NEUTRAL
2023E    2024E
P/E
ratio		 17.2x P/Sales
ratio		 1.9x
P/BV
ratio		 1.9x Div.
yield		 3.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Reaves Utilities ETF is an actively managed ETF that holds US-listed utility stocks. UTES’ managers aim to outperform the sector by selecting and weighting stocks based on fundamental, growth and risk metrics.

FUND BASICS
Category US Equities
Fund Sponsor Virtus
Website www.reavesetfs.com
Inception date Sep 23, 2015
Assets (mns) $43
Currency USD
Expense ratio 49 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian
Weighting Proprietary
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 21
Wgt avg mkt cap (mns) $43,417
Large cap (>$10bn) 93.7%
Mid cap ($2-10bn) 6.3%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
NEXTERA ENERGY GROUP 20.7 %
DTE ENERGY COMPANY 7.6 %
SEMPRA ENERGY 6.1 %
CMS ENERGY CORP 5.7 %
VISTRA ENERGY CORP. 5.4 %
CONSTELLATION ENERGY CORPORATION 5.4 %
EDISON INTERNATIONAL 5.2 %
XCEL ENERGY INC 5.1 %
NISOURCE INC 5.1 %
ATMOS ENERGY CORP 4.5 %
Total 70.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 104.7 %










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.
-4.7% -7.0% 7.7% -- 9.6%

Market Correlations
versus... Beta R-squared
S&P500 0.66 48%
MSCI EAFE 0.55 35%
MSCI Emg. Mkts. 0.43 21%

Technical Indicators
Recent close $45.16
30d moving avg. $44.59
Annualized volatility 17.1%
Short interest (ETF) 1.1%
Short interest (Underlying) 1.4%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 3
Turnover 0.3%
Bid/Ask (% of price) 0.18%
ADV underlying (mns) $1,964

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 437 potential alternatives to the Virtus Reaves Utilities ETF ETF based on the alternatives' overlap in portfolio holdings with UTES. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: UTES Expense: 49 bp ALTAR Score™: 6.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH UTES
Ticker Fund
Name		 Overlap1
vs UTES
(%)		 Expense
ratio
(bp)		 Savings
vs UTES
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs UTES
(%)
RSPU Invesco S&P 500 Equal Weight Utilities ETF 58.5 40 9 7.3 +1.2
XLU Utilities Select Sector SPDR Fund 57.3 10 39 6.8 +0.7
VPU Vanguard Utilities Index Fund 54.7 10 39 6.5 +0.4
FUTY Fidelity MSCI Utilities Index ETF 53.6 8 41 6.8 +0.7
IDU iShares U.S. Utilities ETF 51.5 39 10 6.2 +0.1
PUI Invesco DWA Utilities Momentum ETF 50.8 60 -11 6.1 -0.0
FXU First Trust Utilities AlphaDEX Fund 43.8 64 -15 6.1 +0.1
JXI iShares Global Utilities ETF 39.4 43 6 6.9 +0.8
ECLN First Trust EIP Carbon Impact ETF 26.3 96 -47 5.2 -0.9
RBLD First Trust Alerian US NextGen Infrastructure ETF 18.2 65 -16 5.6 -0.5
IGF iShares Global Infrastructure ETF 17.2 41 8 5.4 -0.7
GII SPDR S&P Global Infrastructure ETF 17.1 40 9 5.5 -0.6
EMLP First Trust North American Energy Infrastructure Fund 16.9 95 -46 5.6 -0.5
DVY iShares Select Dividend ETF 14.7 38 11 10.1 +4.0
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 14.6 75 -26 6.7 +0.6
IFRA iShares U.S. Infrastructure ETF 14.4 30 19 6.4 +0.3
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 13.3 45 4 5.4 -0.7
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 12.7 35 14 9.3 +3.3
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 12.3 25 24 6.4 +0.4
TPHE Timothy Plan High Dividend Stock Enhanced ETF 12.2 54 -5 7.3 +1.2
TPHD Timothy Plan High Dividend Stock ETF 12.1 52 -3 6.9 +0.8
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 12.1 47 2 6.1 -0.0
NLR VanEck Uranium+Nuclear Energy ETF 11.7 61 -12 4.2 -1.9
SPLV Invesco S&P 500 Low Volatility ETF 11.4 25 24 6.2 +0.1
IQRA IQ CBRE Real Assets ETF 11.1 65 -16 5.9 -0.1
LVHD Legg Mason Low Volatility High Dividend ETF 10.9 27 22 9.3 +3.2
VCLN Virtus Duff & Phelps Clean Energy ETF 10.6 59 -10 4.2 -1.9
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 9.3 75 -26 3.6 -2.5
GLIF AGFiQ Global Infrastructure ETF 9.2 45 4 5.7 -0.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 8.6 47 2 9.0 +3.0
TPYP Tortoise North American Pipeline Fund 7.9 40 9 5.5 -0.6
VOE Vanguard Mid-Cap Value Index Fund 7.9 7 42 8.4 +2.3
SMOG VanEck Low Carbon Energy ETF 7.8 61 -12 3.0 -3.1
FVD First Trust Value Line Dividend Index Fund 7.8 65 -16 6.8 +0.7
FTA First Trust Large Cap Value AlphaDEX Fund 7.5 59 -10 10.1 +4.1
BLLD JPMorgan Sustainable Infrastructure ETF 7.5 49 0 6.8 +0.8
DURA VanEck Morningstar Durable Dividend ETF 7.3 29 20 8.0 +2.0
MAGA Point Bridge GOP Stock Tracker ETF 7.2 72 -23 6.9 +0.8
VNMC Natixis Vaughan Nelson Mid Cap ETF 7.2 85 -36 6.4 +0.3
NUMV Nuveen ESG Mid-Cap Value ETF 7.1 31 18 9.1 +3.0
IMCV iShares Morningstar Mid-Cap Value ETF 7.1 6 43 9.1 +3.0
FLDZ RiverNorth Volition America Patriot ETF 7.0 75 -26 6.5 +0.4
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 6.8 30 19 11.4 +5.3
SPVM Invesco S&P 500 Value with Momentum ETF 6.8 39 10 9.7 +3.6
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 6.7 60 -11 6.4 +0.3
FBCV Fidelity Blue Chip Value ETF 6.6 59 -10 7.4 +1.3
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 6.4 20 29 9.2 +3.1
AIVL WisdomTree U.S. AI Enhanced Value Fund 6.3 38 11 7.2 +1.1
SPYD SPDR S&P 500 High Dividend ETF 6.2 7 42 11.3 +5.2
JPUS JPMorgan Diversified Return U.S. Equity ETF 6.1 18 31 8.7 +2.7
SDOG ALPS Sector Dividend Dogs ETF 6.0 36 13 11.7 +5.6
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 5.7 24 25 9.2 +3.1
BMVP Invesco Bloomberg MVP Multi-Factor ETF 5.6 29 20 9.1 +3.1
CNRG SPDR S&P Kensho Clean Power ETF 5.5 45 4 -2.2 -8.2
CSD Invesco S&P Spin-Off ETF 5.4 65 -16 6.5 +0.4
ICAP InfraCap Equity Income Fund ETF 5.4 171 -122 10.0 +4.0
DHS WisdomTree U.S. High Dividend Fund 5.4 38 11 9.8 +3.7
CZA Invesco Zacks Mid-Cap ETF 5.0 69 -20 7.3 +1.2
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 5.0 60 -11 8.5 +2.4
YLDE ClearBridge Dividend Strategy ESG ETF 5.0 60 -11 6.0 -0.1
KVLE KFA Value Liner Dynamic Core Equity Index ETF 4.9 56 -7 7.0 +1.0
HDV iShares Core High Dividend ETF 4.9 8 41 9.4 +3.3
DVLU First Trust Dorsey Wright Momentum & Value ETF 4.9 60 -11 11.0 +4.9
FEX First Trust Large Cap Core AlphaDEX Fund 4.8 59 -10 7.1 +1.1
DIVY Sound Equity Income ETF 4.8 45 4 10.9 +4.8
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 4.7 60 -11 5.6 -0.5
SPMV Invesco S&P 500 Minimum Variance ETF 4.7 10 39 6.1 +0.1
LGLV SPDR Russell 1000 Low Volatility ETF 4.7 12 37 5.9 -0.1
IWS iShares Russell Mid-Cap Value ETF 4.6 23 26 7.6 +1.6
SDY SPDR S&P Dividend ETF 4.5 35 14 7.2 +1.2
FDL First Trust Morningstar Dividend Leaders Index Fund 4.5 45 4 11.3 +5.3
PEY Invesco High Yield Equity Dividend Achievers ETF 4.4 53 -4 9.3 +3.3
FUNL CornerCap Fundametrics Large-Cap ETF 4.4 50 -1 8.3 +2.3
IMCB iShares Morningstar Mid-Cap ETF 4.4 4 45 6.9 +0.9
TPLC Timothy Plan US Large Cap Core ETF 4.4 52 -3 6.6 +0.5
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 4.4 58 -9 6.5 +0.5
ONEY SPDR Russell 1000 Yield Focus ETF 4.4 20 29 11.4 +5.3
BKMC BNY Mellon US Mid Cap Core Equity ETF 4.4 4 45 6.9 +0.8
MBCC Monarch Blue Chips Core ETF 4.3 125 -76 3.6 -2.4
ESGS Columbia Sustainable U.S. Equity Income ETF 4.2 35 14 7.2 +1.1
VYM Vanguard High Dividend Yield Index ETF 4.2 6 43 8.2 +2.1
HUSV First Trust Horizon Managed Volatility Domestic ETF 4.1 70 -21 5.8 -0.3
ACSI American Customer Satisfaction Core Alpha ETF 4.1 65 -16 6.2 +0.1
VNSE Natixis Vaughan Nelson Select ETF 4.1 80 -31 4.4 -1.7
SOLR SmartETFs Sustainable Energy II Fund 4.1 79 -30 4.3 -1.8
VO Vanguard Mid-Cap Index Fund 4.1 4 45 6.7 +0.6
BNE Blue Horizon BNE ETF 4.1 87 -38 4.2 -1.9
FLV American Century Focused Large Cap Value ETF 4.0 42 7 7.1 +1.0
CLNR IQ Cleaner Transport ETF 4.0 45 4 6.8 +0.7
STXV Strive 1000 Value ETF 3.9 18 31 8.4 +2.3
JEPI JPMorgan Equity Premium Income ETF 3.9 35 14 5.8 -0.3
FAB First Trust Multi Cap Value AlphaDEX Fund 3.9 67 -18 11.0 +4.9
EQAL Invesco Russell 1000 Equal Weight ETF 3.9 20 29 7.2 +1.1
FPX First Trust US IPO Index Fund 3.8 61 -12 0.6 -5.5
CFA VictoryShares US 500 Volatility Weighted Index ETF 3.8 35 14 7.1 +1.0
AIEQ AI Powered Equity ETF 3.8 75 -26 5.3 -0.8
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 3.8 36 13 7.0 +1.0
ESMV iShares ESG MSCI USA Min Vol Factor ETF 3.7 18 31 6.3 +0.2
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 3.7 60 -11 5.4 -0.7
REVS Columbia Research Enhanced Value ETF 3.7 19 30 8.6 +2.5
GSFP Goldman Sachs Future Planet Equity ETF 3.7 75 -26 4.3 -1.8
JAVA JPMorgan Active Value ETF 3.7 44 5 6.8 +0.7
SSPY Syntax Stratified LargeCap ETF 3.6 30 19 7.4 +1.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 3.6 9 40 7.0 +0.9
DGRO iShares Core Dividend Growth ETF 3.6 8 41 7.3 +1.2
VTV Vanguard Value Index Fund 3.6 4 45 7.8 +1.7
RSP Invesco S&P 500 Equal Weight ETF 3.5 20 29 7.1 +1.0
DRLL Strive U.S. Energy ETF 3.5 41 8 5.8 -0.2
ONEV SPDR Russell 1000 Low Volatility Focus ETF 3.5 20 29 8.8 +2.7
BKUS BNY Mellon Sustainable US Equity ETF 3.4 50 -1 5.3 -0.8
GBUY Goldman Sachs Future Consumer Equity ETF 3.4 75 -26 3.2 -2.9
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 3.4 60 -11 4.4 -1.6
RDIV Invesco S&P Ultra Dividend Revenue ETF 3.4 39 10 13.3 +7.2
YPS Arrow Reverse Cap 500 ETF 3.3 29 20 6.8 +0.7
NULV Nuveen ESG Large-Cap Value ETF 3.3 26 23 7.9 +1.8
IWR iShares Russell Midcap ETF 3.3 18 31 6.6 +0.5
QLC FlexShares US Quality Large Cap Index Fund 3.2 25 24 6.7 +0.6
VOOV Vanguard S&P 500 Value ETF 3.2 10 39 6.5 +0.4
VONV Vanguard Russell 1000 Value Index Fund 3.2 8 41 7.5 +1.4
IVE iShares S&P 500 Value ETF 3.2 18 31 6.4 +0.4
IWD iShares Russell 1000 Value ETF 3.2 19 30 7.4 +1.3
SPYV SPDR Portfolio S&P 500 Value ETF 3.2 4 45 6.6 +0.5
JHMM John Hancock Multifactor Mid Cap ETF 3.2 41 8 7.7 +1.6
AUSF Global X Adaptive U.S. Factor ETF 3.2 27 22 6.3 +0.2
DLN WisdomTree U.S. LargeCap Dividend Fund 3.2 28 21 7.1 +1.0
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 3.1 35 14 9.3 +3.2
ROUS Hartford Multifactor US Equity ETF 3.1 19 30 8.3 +2.2
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 3.1 35 14 5.6 -0.5
JZRO Janus Henderson Net Zero Transition Resources ETF 3.1 61 -12 7.7 +1.6
CGUS Capital Group Core Equity ETF 3.1 33 16 5.7 -0.4
IUSV iShares Core S&P U.S. Value ETF 3.0 4 45 6.8 +0.7
DTD WisdomTree U.S.Total Dividend Fund 3.0 28 21 7.4 +1.4
EVUS iShares ESG Aware MSCI USA Value ETF 3.0 18 31 7.7 +1.6
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 3.0 58 -9 5.3 -0.7
SCHV Schwab U.S. Large-Cap Value ETF 3.0 4 45 7.5 +1.4
EUSA iShares MSCI USA Equal Weighted ETF 3.0 9 40 7.0 +0.9
USMV iShares Edge MSCI Min Vol USA ETF 2.9 15 34 6.4 +0.3
MDLV Morgan Dempsey Large Cap Value ETF 2.9 58 -9 9.6 +3.6
NOBL ProShares S&P 500 Dividend Aristocrats ETF 2.9 35 14 6.7 +0.7
WKLY SoFi Weekly Dividend ETF 2.9 49 0 8.5 +2.4
EQWL Invesco Russell Top 200 Equal Weight ETF 2.9 25 24 7.4 +1.3
HAP VanEck Natural Resources ETF 2.9 50 -1 8.2 +2.1
SIZE iShares MSCI USA Size Factor ETF 2.8 15 34 6.8 +0.8
SNPV Xtrackers S&P ESG Value ETF 2.8 15 34 6.7 +0.6
QLV FlexShares US Quality Low Volatility Index Fund 2.8 22 27 5.9 -0.2
ILCV iShares Morningstar Value ETF 2.7 4 45 7.7 +1.6
STLV iShares Factors US Value Style ETF 2.6 25 24 9.4 +3.4
TEMP JPMorgan Climate Change Solutions ETF 2.6 49 0 4.8 -1.3
MGV Vanguard Mega Cap Value ETF 2.6 7 42 7.5 +1.4
PAVE Global X U.S. Infrastructure Development ETF 2.5 47 2 6.9 +0.8
SPMO Invesco S&P 500 Momentum ETF 2.5 13 36 7.0 +0.9
ADME Aptus Drawdown Managed Equity ETF 2.5 79 -30 5.0 -1.1
BRNY Burney U.S. Factor Rotation ETF 2.5 79 -30 6.6 +0.5
PFM Invesco Dividend Achievers ETF 2.5 53 -4 6.4 +0.3
FOVL iShares Focused Value Factor ETF 2.5 25 24 11.6 +5.5
IWX iShares Russell Top 200 Value ETF 2.5 20 29 7.2 +1.1
QUAL iShares MSCI Usa Quality Factor ETF 2.4 15 34 6.6 +0.5
JHML John Hancock Multifactor Large Cap ETF 2.4 29 20 6.4 +0.3
JHDV John Hancock U.S. High Dividend ETF 2.4 34 15 7.3 +1.2
DON WisdomTree U.S. MidCap Dividend Fund 2.4 38 11 9.6 +3.6
PRF Invesco FTSE RAFI US 1000 ETF 2.4 39 10 7.6 +1.5
OALC OneAscent Large Cap Core ETF 2.3 82 -33 6.1 -0.0
GRZZ Grizzle Growth ETF 2.3 75 -26 6.6 +0.5
QDEF FlexShares Quality Dividend Defensive Index Fund 2.3 37 12 7.4 +1.3
SPXT ProShares S&P 500 Ex-Technology ETF 2.3 9 40 6.3 +0.3
OCEN IQ Clean Oceans ETF 2.2 45 4 7.1 +1.0
FDMO Fidelity Momentum Factor ETF 2.2 29 20 4.3 -1.8
ZECP Zacks Earnings Consistent Portfolio ETF 2.2 55 -6 6.2 +0.1
GVIP Goldman Sachs Hedge Industry VIP ETF 2.2 45 4 4.5 -1.6
RSPE Invesco ESG S&P 500 Equal Weight ETF 2.2 20 29 7.7 +1.6
SIXL 6 Meridian Low Beta Equity Strategy ETF 2.1 80 -31 6.0 -0.1
HDUS Hartford Disciplined US Equity ETF 2.1 19 30 7.0 +0.9
GDEF Goldman Sachs Defensive Equity ETF 2.1 55 -6 5.1 -1.0
VRAI Virtus Real Asset Income ETF 2.1 55 -6 9.0 +2.9
FAN First Trust Global Wind Energy ETF 2.1 60 -11 5.1 -1.0
DEW WisdomTree Global High Dividend Fund 2.0 58 -9 10.1 +4.0
ACWV iShares MSCI Global Min Vol Factor ETF 2.0 20 29 9.0 +2.9
CGDV Capital Group Dividend Value ETF 2.0 33 16 6.6 +0.5
NACP Impact Shares NAACP Minority Empowerment ETF 2.0 49 0 5.6 -0.4
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 2.0 29 20 10.9 +4.8
SFY SoFi Select 500 ETF 2.0 0 49 5.6 -0.4
SPXN ProShares S&P 500 Ex-Financials ETF 1.9 9 40 6.0 -0.1
WLDR Affinity World Leaders Equity ETF 1.9 67 -18 9.3 +3.3
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 1.9 15 34 6.4 +0.4
RPG Invesco S&P 500 Pure Growth ETF 1.9 35 14 8.0 +1.9
SPDV AAM S&P 500 High Dividend Value ETF 1.9 29 20 12.0 +6.0
SPXV ProShares S&P 500 Ex-Health Care ETF 1.9 9 40 5.6 -0.4
NZRO Strategy Shares Halt Climate Change ETF 1.9 95 -46 1.9 -4.2
VIG Vanguard Dividend Appreciation Index Fund 1.9 6 43 6.3 +0.2
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 1.9 17 32 8.0 +1.9
STXD Strive 1000 Dividend Growth ETF 1.9 35 14 6.2 +0.1
FTC First Trust Large Cap Growth AlphaDEX Fund 1.8 59 -10 4.3 -1.7
RECS Columbia Research Enhanced Core ETF 1.8 15 34 6.7 +0.6
FNDX Schwab Fundamental U.S. Large Co. Index ETF 1.8 25 24 7.7 +1.7
YALL God Bless America ETF 1.8 65 -16 3.8 -2.3
QVML Invesco S&P 500 QVM Multi-factor ETF 1.8 11 38 6.2 +0.1
HAPI Harbor Corporate Culture ETF 1.8 36 13 5.5 -0.6
VLU SPDR S&P 1500 Value Tilt ETF 1.8 12 37 8.3 +2.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 1.7 9 40 6.6 +0.6
LZRD Parabla Innovation ETF 1.7 69 -20 -8.7 -14.7
SPXE ProShares S&P 500 Ex-Energy ETF 1.7 9 40 5.9 -0.2
LRGF iShares Edge MSCI Multifactor USA ETF 1.7 8 41 6.9 +0.8
FNDB Schwab Fundamental U.S. Broad Market Index ETF 1.7 25 24 7.6 +1.6
FMIL Fidelity New Millennium ETF 1.7 59 -10 6.1 +0.0
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 1.7 20 29 5.8 -0.3
NULC Nuveen ESG Large-Cap ETF 1.7 21 28 6.0 -0.1
GDVD R3 Global Dividend Growth ETF 1.7 88 -39 7.2 +1.1
CATH Global X S&P 500 Catholic Values Custom ETF 1.7 29 20 5.8 -0.2
IVRA Invesco Real Assets ESG ETF 1.7 59 -10 7.6 +1.5
FVAL Fidelity Value Factor ETF 1.7 29 20 8.3 +2.3
IMCG iShares Morningstar Mid-Cap Growth ETF 1.7 6 43 4.8 -1.3
QUS SPDR MSCI USA StrategicFactors ETF 1.6 15 34 6.7 +0.6
IVV iShares Core S&P 500 ETF 1.6 3 46 6.0 -0.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 1.6 7 42 5.8 -0.3
USMF WisdomTree U.S. Multifactor Fund 1.6 28 21 7.7 +1.6
VOO VANGUARD S&P 500 ETF 1.6 3 46 6.0 -0.1
SPY SPDR S&P 500 ETF Trust 1.6 9 40 5.9 -0.1
JCTR JPMorgan Carbon Transition U.S. Equity ETF 1.6 15 34 5.6 -0.5
SPLG SPDR Portfolio S&P 500 ETF 1.6 2 47 6.0 -0.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 1.6 2 47 5.9 -0.2
USCA Xtrackers MSCI USA Climate Action Equity ETF 1.6 7 42 6.0 -0.1
AVUS Avantis U.S. Equity ETF 1.6 15 34 6.9 +0.8
VV Vanguard Large-Cap Index Fund 1.6 4 45 5.8 -0.2
STRV Strive 500 ETF 1.6 5 44 5.8 -0.3
ILCB iShares Morningstar U.S. Equity ETF 1.6 3 46 5.9 -0.2
RWL Invesco S&P 500 Revenue ETF 1.6 39 10 7.4 +1.4
PBUS Invesco PureBeta MSCI USA ETF 1.6 4 45 5.9 -0.2
VOTE Engine No. 1 Transform 500 ETF 1.6 5 44 5.8 -0.3
GURU Global X Guru Index ETF 1.6 75 -26 5.0 -1.0
DFAU Dimensional US Core Equity Market ETF 1.5 12 37 6.0 -0.1
RESP WisdomTree US ESG Fund of Benef Interest 1.5 28 21 6.8 +0.7
ONEO SPDR Russell 1000 Momentum Focus ETF 1.5 20 29 7.9 +1.9
KOCG FIS Knights of Columbus Global Belief ETF 1.5 75 -26 7.5 +1.4
IWB iShares Russell 1000 ETF 1.5 15 34 5.8 -0.3
VONE Vanguard Russell 1000 ETF 1.5 8 41 5.8 -0.3
IYY iShares Dow Jones U.S. ETF 1.5 20 29 5.8 -0.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 1.5 20 29 5.7 -0.4
DFUS Dimensional U.S. Equity ETF 1.5 9 40 5.8 -0.3
DVND Touchstone Dividend Select ETF 1.5 67 -18 6.9 +0.9
NUDV Nuveen ESG Dividend ETF 1.5 26 23 7.9 +1.8
VTI Vanguard Total Stock Market Index Fund 1.5 3 46 5.7 -0.4
SPTM SPDR Portfolio Total Stock Market ETF 1.5 3 46 6.2 +0.1
SCHX Schwab U.S. Large-Cap ETF 1.5 3 46 5.9 -0.1
TMDV ProShares Russell US Dividend Growers ETF 1.5 35 14 6.8 +0.8
NETZ Engine No 1 Transform Climate ETF 1.5 75 -26 6.2 +0.2
IWV iShares Russell 3000 ETF 1.5 20 29 5.6 -0.4
VTHR Vanguard Russell 3000 Index Fund 1.5 10 39 5.7 -0.4
ACVF American Conservative Values ETF 1.4 75 -26 5.1 -0.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 1.4 3 46 5.8 -0.3
SCHK Schwab 1000 Index ETF 1.4 5 44 6.0 -0.1
PWV Invesco Dynamic Large Cap Value ETF 1.4 58 -9 9.5 +3.5
JMOM JPMorgan U.S. Momentum Factor ETF 1.4 12 37 6.1 -0.0
RVRB Reverb ETF 1.4 30 19 5.8 -0.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 1.4 11 38 5.9 -0.2
VDNI V-Shares US Leadership Diversity ETF 1.4 29 20 6.2 +0.1
RNLC Large Cap US Equity Select ETF 1.4 60 -11 7.5 +1.4
IUS Invesco Strategic US ETF 1.4 19 30 8.1 +2.0
QDIV Global X S&P 500 Quality Dividend ETF 1.4 20 29 9.8 +3.7
RPV Invesco S&P 500 Pure Value ETF 1.4 35 14 12.2 +6.1
ESGU iShares MSCI USA ESG Optimized ETF 1.4 15 34 5.9 -0.2
SCHB Schwab U.S. Broad Market ETF 1.4 3 46 5.9 -0.2
EQUL IQ Engender Equality ETF 1.4 45 4 7.7 +1.6
RNDV US Equity Dividend Select ETF 1.4 50 -1 10.3 +4.2
WOMN Impact Shares YWCA Women's Empowerment ETF 1.4 75 -26 5.5 -0.6
LCTU BlackRock U.S. Carbon Transition Readiness ETF 1.3 14 35 5.9 -0.2
EPS WisdomTree U.S. Earnings 500 Fund 1.3 8 41 7.2 +1.1
SCHM Schwab U.S. Mid-Cap ETF 1.3 4 45 6.7 +0.7
HAPY Harbor Corporate Culture Leaders ETF 1.3 50 -1 4.4 -1.7
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.3 52 -3 8.7 +2.7
DIVB iShares Core Dividend 1.3 5 44 9.0 +2.9
SNPE Xtrackers S&P 500 ESG ETF 1.3 10 39 6.0 -0.1
FDRR Fidelity Dividend ETF for Rising Rates 1.3 29 20 8.9 +2.8
FDLO Fidelity Low Volatility Factor ETF 1.3 29 20 5.8 -0.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.3 63 -14 3.5 -2.6
SHE SPDR SSGA Gender Diversity Index ETF 1.3 20 29 6.0 -0.1
AFLG First Trust Active Factor Large Cap ETF 1.2 55 -6 7.4 +1.4
HLGE Hartford Longevity Economy ETF 1.2 44 5 8.8 +2.7
LSAF LeaderShares AlphaFactor US Core Equity ETF 1.2 75 -26 8.3 +2.2
NZUS SPDR MSCI USA Climate Paris Aligned ETF 1.2 10 39 5.4 -0.7
DBLV AdvisorShares DoubleLine Value Equity ETF 1.2 91 -42 8.7 +2.7
VLUE iShares MSCI USA Value Factor ETF 1.2 15 34 11.9 +5.8
PABU iShares Paris-Aligned Climate MSCI USA ETF 1.2 10 39 5.3 -0.8
FQAL Fidelity Quality Factor ETF 1.2 29 20 6.1 +0.0
FLLV Franklin Liberty U.S. Low Volatility ETF 1.2 29 20 6.4 +0.3
TOK iShares MSCI Kokusai ETF 1.2 25 24 6.2 +0.2
KOKU Xtrackers MSCI Kokusai Equity ETF 1.2 9 40 6.5 +0.4
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 1.1 25 24 6.6 +0.5
XVV iShares ESG Screened S&P 500 ETF 1.1 8 41 5.9 -0.2
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.1 70 -21 3.4 -2.7
MGC Vanguard Mega Cap Index Fund 1.1 7 42 5.7 -0.4
FSST Fidelity Sustainability U.S. Equity ETF 1.1 59 -10 5.7 -0.4
URTH iShares MSCI World ETF 1.1 24 25 6.4 +0.3
LRGE ClearBridge Large Cap Growth ESG ETF 1.1 59 -10 3.7 -2.4
VBR Vanguard Small Cap Value Index Fund 1.1 7 42 9.2 +3.1
QWLD SPDR MSCI World StrategicFactors ETF 1.1 30 19 7.6 +1.5
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 1.1 15 34 6.0 -0.1
BECO BlackRock Future Climate and Sustainable Economy ETF 1.0 70 -21 5.3 -0.7
OEF iShares S&P 100 ETF 1.0 20 29 5.6 -0.5
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 1.0 15 34 7.4 +1.3
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 1.0 12 37 5.4 -0.7
IWL iShares Russell Top 200 ETF 1.0 15 34 5.6 -0.5
JVAL JPMorgan U.S. Value Factor ETF 1.0 12 37 9.5 +3.4
ACWI iShares MSCI ACWI ETF 1.0 32 17 6.5 +0.4
SFYX Sofi Next 500 ETF 1.0 0 49 6.2 +0.1
DFAC Dimensional U.S. Core Equity 2 ETF 1.0 17 32 6.6 +0.5
SMDV ProShares Russell 2000 Dividend Growers ETF 0.9 40 9 7.9 +1.9
IQSU IQ Candriam ESG US Equity ETF 0.9 9 40 5.5 -0.6
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 0.9 20 29 5.8 -0.3
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.9 25 24 10.0 +3.9
SELV SEI Enhanced Low Volatility U.S. Large Cap ETF 0.9 15 34 7.4 +1.3
QQQM Invesco NASDAQ 100 ETF 0.9 15 34 5.2 -0.9
FDWM Fidelity Women's Leadership ETF 0.9 59 -10 5.9 -0.1
QQQ Invesco QQQ Trust 0.9 20 29 5.3 -0.7
KRMA Global X Conscious Companies ETF 0.9 43 6 6.4 +0.3
CLRG IQ Chaikin U.S. Large Cap ETF 0.9 25 24 7.2 +1.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.9 29 20 7.6 +1.5
VT Vanguard Total World Stock ETF 0.9 7 42 6.6 +0.6
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.9 12 37 6.1 +0.0
ACTV LeaderShares Activist Leaders ETF 0.9 75 -26 9.3 +3.2
VMAT V-Shares MSCI World ESG Materiality and Carbon Transition ET 0.9 39 10 6.4 +0.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.8 9 40 6.4 +0.3
BKLC BNY Mellon US Large Cap Core Equity ETF 0.8 0 49 5.7 -0.4
KRUZ Unusual Whales Subversive Republican Trading ETF 0.8 75 -26 4.8 -1.3
CGGR Capital Group Growth ETF 0.8 39 10 4.0 -2.1
NTZG Nuveen Global Net Zero Transition ETF 0.8 55 -6 5.4 -0.7
VB Vanguard Small-Cap ETF 0.8 5 44 6.2 +0.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.8 12 37 5.5 -0.6
BLES Inspire Global Hope Large Cap ETF 0.8 61 -12 7.1 +1.1
AFMC First Trust Active Factor Mid Cap ETF 0.8 65 -16 9.7 +3.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.7 10 39 6.0 -0.1
SUSL iShares ESG MSCI USA Leaders ETF 0.7 10 39 5.9 -0.2
JOET Virtus Terranova US Quality Momentum ETF 0.7 29 20 6.3 +0.2
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.7 75 -26 6.3 +0.2
VUSE Vident Core US Equity Fund 0.7 50 -1 6.3 +0.3
BIBL Inspire ETF 0.7 35 14 5.5 -0.6
FNX First Trust Mid Cap Core AlphaDEX Fund 0.7 59 -10 8.3 +2.2
XLG Invesco S&P 500 Top 50 ETF 0.7 20 29 5.1 -0.9
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.7 80 -31 7.1 +1.0
TMFC Motley Fool 100 Index ETF 0.7 50 -1 4.5 -1.6
FLQL Franklin LibertyQ U.S. Equity ETF 0.6 15 34 7.4 +1.3
USVT US Value ETF 0.6 49 0 11.7 +5.6
RNMC Mid Cap US Equity Select ETF 0.6 60 -11 8.8 +2.7
MTUM iShares MSCI USA Momentum Factor ETF 0.6 15 34 5.1 -0.9
SMMD iShares Russell 2500 ETF 0.6 15 34 6.8 +0.7
ILCG iShares Morningstar Growth ETF 0.6 4 45 4.6 -1.5
GSPY Gotham Enhanced 500 ETF 0.6 50 -1 6.2 +0.1
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.6 10 39 6.3 +0.2
DSI iShares MSCI KLD 400 Social ETF 0.6 25 24 5.9 -0.2
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 0.6 35 14 8.8 +2.7
FSMD Fidelity Small-Mid Factor ETF 0.6 29 20 8.3 +2.2
WCEO Hypatia Women CEO ETF 0.6 85 -36 6.3 +0.2
OUSM ALPS O'Shares Russell Small Cap Quality Dividend ETF 0.6 48 1 7.9 +1.8
WTV WisdomTree US Value Fund 0.5 12 37 8.9 +2.8
QDF FlexShares Quality Dividend Index Fund 0.5 37 12 7.7 +1.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.5 20 29 6.9 +0.8
PSC Principal U.S. Small Cap Index ETF 0.5 38 11 8.6 +2.5
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.5 60 -11 7.8 +1.7
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.5 12 37 8.5 +2.4
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.5 15 34 12.4 +6.3
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.5 21 28 4.2 -1.9
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 0.5 50 -1 4.0 -2.1
GVLU Gotham 1000 Value ETF 0.5 50 -1 9.6 +3.5
SVAL iShares US Small Cap Value Factor ETF 0.4 20 29 11.7 +5.7
DGT SPDR Global Dow ETF 0.4 50 -1 7.5 +1.4
FNK First Trust Mid Cap Value AlphaDEX Fund 0.4 70 -21 12.3 +6.2
STXG Strive 1000 Growth ETF 0.4 18 31 5.1 -1.0
ISMD Inspire Small/Mid Cap Impact ETF 0.4 54 -5 5.6 -0.4
PKW Invesco Buyback Achievers ETF 0.4 64 -15 9.0 +3.0
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.4 25 24 8.7 +2.6
INNO Harbor Disruptive Innovation ETF 0.4 75 -26 -3.5 -9.6
VOOG Vanguard S&P 500 Growth ETF 0.3 10 39 5.9 -0.2
IVW iShares S&P 500 Growth ETF 0.3 18 31 5.8 -0.2
SPYG SPDR Portfolio S&P 500 Growth ETF 0.3 4 45 6.0 -0.1
IUSG iShares Core S&P US Growth ETF 0.3 4 45 6.0 -0.1
NANC Unusual Whales Subversive Democratic Trading ETF 0.3 75 -26 4.8 -1.3
EZM WisdomTree U.S. MidCap Earnings Fund 0.3 38 11 11.1 +5.1
VBK Vanguard Small-Cap Growth Index Fund 0.3 7 42 1.5 -4.6
JHSC John Hancock Multifactor Small Cap ETF 0.3 42 7 7.1 +1.0
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.3 29 20 8.4 +2.3
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 29 5.3 -0.8
VTWV Vanguard Russell 2000 Value Index Fund 0.3 15 34 7.0 +0.9
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 31 6.7 +0.6
IWN iShares Russell 2000 Value ETF 0.3 24 25 7.0 +0.9
HLAL Wahed FTSE USA Shariah ETF 0.3 50 -1 5.4 -0.7
SQEW LeaderShares Equity Skew ETF 0.3 75 -26 5.8 -0.3
FPAG FPA Global Equity ETF 0.3 49 0 6.1 -0.0
BFOR Barron's 400 ETF 0.3 65 -16 8.7 +2.7
VSLU Applied Finance Valuation Large Cap ETF 0.2 49 0 6.6 +0.5
GLOF iShares Global Equity Factor ETF 0.2 20 29 9.0 +2.9
VXF Vanguard Extended Market Index Fund 0.2 6 43 4.3 -1.8
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 37 6.5 +0.5
STXK Strive Small-Cap ETF 0.2 18 31 5.8 -0.3
RAFE PIMCO RAFI ESG U.S. ETF 0.2 29 20 8.2 +2.1
ISCV iShares Morningstar Small Cap Value ETF 0.2 6 43 9.1 +3.0
IJK iShares S&P Mid-Cap 400 Growth ETF 0.2 17 32 7.2 +1.1
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.2 15 34 7.2 +1.1
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.2 15 34 7.2 +1.1
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 0.2 20 29 6.6 +0.5
SMDY Syntax Stratified MidCap ETF 0.2 35 14 8.0 +2.0
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.2 25 24 6.9 +0.8
SNPG Xtrackers S&P 500 Growth ESG ETF 0.2 15 34 5.5 -0.6
MDY SPDR S&P Midcap 400 ETF Trust 0.2 23 26 8.0 +2.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 29 7.5 +1.4
IVOO Vanguard S&P Mid-Cap 400 ETF 0.2 10 39 8.2 +2.1
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.2 28 21 6.5 +0.4
IJH iShares Core S&P Mid-Cap ETF 0.2 5 44 8.2 +2.1
SPMD SPDR Portfolio Mid Cap ETF 0.2 3 46 8.2 +2.2
IWM iShares Russell 2000 ETF 0.2 19 30 4.6 -1.5
VTWO Vanguard Russell 2000 Index Fund 0.2 10 39 4.6 -1.5
BKSE BNY Mellon US Small Cap Core Equity ETF 0.1 4 45 6.6 +0.5
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.1 15 34 9.3 +3.3
IJJ iShares S&P Mid-Cap 400 Value ETF 0.1 18 31 9.2 +3.2
MDYV SPDR S&P 400 Mid Cap Value ETF 0.1 15 34 9.4 +3.3
KOMP SPDR Kensho New Economies Composite ETF 0.1 20 29 -0.4 -6.4
IWP iShares Russell Mid-Cap Growth ETF 0.1 23 26 4.5 -1.6
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 21 9.4 +3.3
DFAS Dimensional U.S. Small Cap ETF 0.1 26 23 6.9 +0.8
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.1 7 42 5.9 -0.2
SCHA Schwab U.S. Small-Cap ETF 0.1 4 45 5.6 -0.4
DFLV Dimensional US Large Cap Value ETF 0.1 22 27 9.1 +3.0
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.1 42 7 6.5 +0.4
ISCB iShares Morningstar Small-Cap ETF 0.1 4 45 5.9 -0.2
RWK Invesco S&P MidCap 400 Revenue ETF 0.1 39 10 9.7 +3.6
DFUV Dimensional US Marketwide Value ETF 0.1 22 27 8.6 +2.6
VFMV Vanguard U.S. Minimum Volatility ETF 0.1 13 36 6.4 +0.4
LVOL American Century Low Volatility ETF 0.1 29 20 5.8 -0.3
ESG FlexShares STOXX US ESG Impact Index Fund 0.1 32 17 5.6 -0.5
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 40 5.7 -0.4
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.0 39 10 10.0 +3.9
IWO iShares Russell 2000 Growth ETF 0.0 24 25 1.8 -4.3
VTWG Vanguard Russell 2000 Growth Index Fund 0.0 15 34 1.7 -4.4
DUHP Dimensional US High Profitability ETF 0.0 21 28 8.1 +2.1
FBCG Fidelity Blue Chip Growth ETF 0.0 59 -10 2.3 -3.8
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 30 7.1 +1.1
VONG Vanguard Russell 1000 Growth Index Fund 0.0 8 41 5.4 -0.7
IWF iShares Russell 1000 Growth ETF 0.0 19 30 5.3 -0.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.0 30 19 8.7 +2.7

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:		 Virtus Reaves Utilities ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.4 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 49 bp
Equals: ALTAR Score 6.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.42 CATEGORY
AVERAGE		 1.50
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.