Valkyrie Bitcoin Miners ETF
ALTAR
Score™
-6.4% info Recommen-
dation
AVOID
2024E    2025E
P/E
ratio
-152.0x P/Sales
ratio
1.7x
P/BV
ratio
4.9x Div.
yield
0.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
WGMI provides active exposure to companies that derive at least 50% of their revenue from bitcoin mining operations and/or services related to bitcoin mining.

FUND BASICS
Category Global Equities
Fund Sponsor Valkyrie Funds LLC
Website valkyrie-funds.com/wgmi/
Inception date Feb 07, 2022
Assets (mns) $151
Currency USD
Expense ratio 75 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 22
Wgt avg mkt cap (mns) $128,515
Large cap (>$10bn) 6.3%
Mid cap ($2-10bn) 10.0%
Small cap (<$2bn) 83.7%
Developed mkts 99.3%
Emerging mkts 0.8%

TOP TEN HOLDINGS
IRIS ENERGY LTD. 18.5 %
CLEANSPARK, INC. 13.8 %
CORE SCIENTIFIC, INC. 10.4 %
CIPHER MINING INC 8.5 %
MARATHON DIGITAL HOLDINGS INC 6.6 %
TERAWULF INC. 5.7 %
BITDEER TECHNOLOGIES GROUP 5.7 %
BITFARMS LTD. 5.0 %
NVIDIA CORP 4.1 %
HUT 8 CORP 4.0 %
Total 82.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 47.7 %
AUSTRALIA 18.3 %
CANADA 5.8 %
BRITAIN 1.8 %
TAIWAN 0.6 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-14.9% 39.2% -- -- -21.2%

Market Correlations
versus... Beta R-squared
S&P500 3.55 40%
MSCI EAFE 3.41 35%
MSCI Emg. Mkts. 2.92 27%

Technical Indicators
Recent close $22.84
30d moving avg. $17.00
Annualized volatility 107.9%
Short interest (ETF) 9.3%
Relative strength (RSI) 64

Liquidity measures
Avg. volume (thou.) 454
Turnover 6.9%
Bid/Ask (% of price) 0.31%
ADV underlying (mns) $88,264

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 446 potential alternatives to the Valkyrie Bitcoin Miners ETF ETF based on the alternatives' overlap in portfolio holdings with WGMI. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: WGMI Expense: 75 bp ALTAR Score™: -6.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH WGMI
Ticker Fund
Name
Overlap1
vs WGMI
(%)
Expense
ratio
(bp)
Savings
vs WGMI
(bp)
ALTAR
Score™
(%)
ALTAR
vs WGMI
(%)
BKCH Global X Blockchain ETF 52.3 50 25 -3.7 +2.8
IBLC iShares Blockchain and Tech ETF 43.9 47 28 -0.8 +5.7
GFOF Grayscale Future of Finance ETF 43.2 70 5 -0.6 +5.9
DAPP VanEck Digital Transformation ETF 40.1 50 25 -1.5 +5.0
SATO Invesco Alerian Galaxy Crypto Economy ETF 36.5 61 14 -1.5 +4.9
FDIG Fidelity Crypto Industry and Digital Payments ETF 33.6 39 36 -0.6 +5.8
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 31.7 85 -10 -0.6 +5.9
BITQ Bitwise Crypto Industry Innovators ETF 26.3 85 -10 -3.2 +3.2
BLOK Amplify Transformational Data Sharing ETF 22.2 75 0 0.7 +7.1
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 19.8 61 14 2.3 +8.7
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 13.9 68 7 4.3 +10.7
STCE Schwab Crypto Thematic ETF 12.1 30 45 -7.4 -0.9
BUZZ VanEck Social Sentiment ETF 7.4 75 0 -0.3 +6.2
FFTY Innovator IBD 50 ETF 7.3 80 -5 -0.2 +6.3
DARP Grizzle Growth ETF 6.2 75 0 2.8 +9.2
BWEB Bitwise Web3 ETF 5.5 85 -10 0.8 +7.3
MVPS Amplify Thematic All-Stars ETF 5.0 49 26 2.6 +9.1
IQM Franklin Intelligent Machines ETF 5.0 50 25 2.6 +9.0
WUGI AXS Esoterica NextG Economy ETF 5.0 75 0 1.7 +8.1
ARVR First Trust Indxx Metaverse ETF 5.0 70 5 1.4 +7.9
CARZ First Trust NASDAQ Global Auto Index Fund 5.0 70 5 2.5 +9.0
SMH VanEck Semiconductor ETF 5.0 35 40 3.2 +9.7
SOXQ Invesco PHLX Semiconductor ETF 5.0 19 56 4.1 +10.6
SOXX iShares Semiconductor ETF 5.0 35 40 4.3 +10.8
XNTK SPDR NYSE Technology ETF 5.0 35 40 3.5 +10.0
METV Roundhill Ball Metaverse ETF 5.0 59 16 3.0 +9.4
AOTG AOT Growth and Innovation ETF 5.0 75 0 2.9 +9.3
FBCG Fidelity Blue Chip Growth ETF 5.0 59 16 2.2 +8.6
JGRO JPMorgan Active Growth ETF 4.9 44 31 3.1 +9.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 4.8 9 66 5.5 +11.9
FMIL Fidelity New Millennium ETF 4.6 59 16 4.4 +10.9
MOTO SmartETFs Smart Transportation & Technology ETF 4.6 68 7 6.2 +12.6
TINY ProShares Nanotechnology ETF 4.6 58 17 1.5 +8.0
FFLC Fidelity Fundamental Large Cap Core ETF 4.6 38 37 4.6 +11.0
RFFC ALPS Active Equity Opportunity ETF 4.6 48 27 4.2 +10.6
GFGF Guru Favorite Stocks ETF Guru Favorite Stocks Fund 4.6 65 10 3.4 +9.8
KOCG FIS Knights of Columbus Global Belief ETF 4.6 75 0 5.0 +11.5
FTEC Fidelity MSCI Information Technology Index ETF 4.6 8 67 4.2 +10.6
DTCR Global X Data Center & Digital Infrastructure ETF 4.6 50 25 2.5 +9.0
DFSU Dimensional US Sustainability Core 1 ETF 4.5 18 57 5.4 +11.9
ONEQ Fidelity Nasdaq Composite Index ETF 4.5 21 54 3.5 +9.9
IGM iShares Expanded Tech Sector ETF 4.5 41 34 4.0 +10.4
DFAU Dimensional US Core Equity Market ETF 4.5 12 63 5.1 +11.5
DFUS Dimensional U.S. Equity ETF 4.5 9 66 4.9 +11.3
IWV iShares Russell 3000 ETF 4.5 20 55 4.7 +11.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 4.5 3 72 4.9 +11.3
SCHB Schwab U.S. Broad Market ETF 4.5 3 72 4.9 +11.3
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 4.5 3 72 5.1 +11.6
ACVF American Conservative Values ETF 4.4 75 0 4.1 +10.5
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 4.4 75 0 3.3 +9.8
BBUS JP Morgan Betabuilders U.S. Equity ETF 4.4 2 73 5.0 +11.4
BKLC BNY Mellon US Large Cap Core Equity ETF 4.4 0 75 5.0 +11.4
TIME Clockwise Core Equity & Innovation ETF 4.4 95 -20 1.9 +8.3
DEMZ Democratic Large Cap Core ETF 4.4 45 30 3.9 +10.3
DYNF BlackRock U.S. Equity Factor Rotation ETF 4.4 30 45 4.4 +10.9
FSST Fidelity Sustainable U.S. Equity ETF 4.4 59 16 4.7 +11.1
GBUY Goldman Sachs Future Consumer Equity ETF 4.4 75 0 2.9 +9.3
GK AdvisorShares Gerber Kawasaki ETF 4.4 75 0 2.9 +9.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 4.4 7 68 4.9 +11.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 4.4 15 60 4.6 +11.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 4.4 20 55 4.8 +11.2
SNPE Xtrackers S&P 500 ESG ETF 4.4 10 65 4.9 +11.4
SPXE ProShares S&P 500 Ex-Energy ETF 4.4 9 66 4.8 +11.2
SPXN ProShares S&P 500 Ex-Financials ETF 4.4 9 66 4.9 +11.3
SPXV ProShares S&P 500 Ex-Health Care ETF 4.4 9 66 4.7 +11.1
VOTE TCW Transform 500 ETF 4.4 5 70 4.9 +11.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 4.4 11 64 4.9 +11.4
VERS ProShares Metaverse ETF 4.4 58 17 -7.5 -1.1
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 4.4 10 65 5.0 +11.5
SNPG Xtrackers S&P 500 Growth ESG ETF 4.4 15 60 4.3 +10.7
QGRW WisdomTree U.S. Quality Growth Fund 4.4 28 47 4.2 +10.6
USCA Xtrackers MSCI USA Climate Action Equity ETF 4.4 7 68 4.9 +11.3
HAPI Harbor Human Capital Factor US Large Cap ETF 4.4 36 39 4.5 +10.9
NBDS Neuberger Berman Disrupters ETF 4.4 55 20 1.7 +8.2
FMET Fidelity Metaverse ETF 4.4 39 36 4.6 +11.0
BNGE First Trust S-Network Streaming and Gaming ETF 4.4 70 5 -2.2 +4.2
FTXL First Trust Nasdaq Semiconductor ETF 4.4 60 15 4.9 +11.3
CATH Global X S&P 500 Catholic Values Custom ETF 4.4 29 46 4.8 +11.3
KRMA Global X Conscious Companies ETF 4.4 43 32 5.6 +12.0
GGME Invesco Next Gen Media and Gaming ETF 4.4 60 15 3.5 +9.9
IGPT Invesco AI and Next Gen Software ETF 4.4 60 15 3.4 +9.8
PBUS Invesco MSCI USA ETF 4.4 4 71 5.0 +11.4
PSI Invesco Semiconductors ETF 4.4 57 18 4.2 +10.7
PTF Invesco Dorsey Wright Technology Momentum ETF 4.4 60 15 0.4 +6.9
QQMG Invesco ESG NASDAQ 100 ETF 4.4 20 55 4.2 +10.6
QQQ Invesco QQQ Trust Series I 4.4 20 55 4.2 +10.6
QQQM Invesco NASDAQ 100 ETF 4.4 15 60 4.2 +10.6
QVML Invesco S&P 500 QVM Multi-factor ETF 4.4 11 64 4.9 +11.3
RPG Invesco S&P 500 Pure Growth ETF 4.4 35 40 3.3 +9.7
SPMO Invesco S&P 500 Momentum ETF 4.4 13 62 3.3 +9.7
XLG Invesco S&P 500 Top 50 ETF 4.4 20 55 4.3 +10.7
SCHG Schwab U.S. Large-Cap Growth ETF 4.4 4 71 3.9 +10.4
SCHK Schwab 1000 Index ETF 4.4 5 70 5.0 +11.4
SCHX Schwab U.S. Large-Cap ETF 4.4 3 72 5.0 +11.4
DSI iShares MSCI KLD 400 Social ETF 4.4 25 50 4.8 +11.2
EGUS iShares ESG Aware MSCI USA Growth ETF 4.4 18 57 3.9 +10.4
ESGU iShares ESG Aware MSCI USA ETF 4.4 15 60 4.9 +11.3
IETC iShares U.S. Tech Independence Focused ETF 4.4 18 57 4.0 +10.5
ILCB iShares Morningstar U.S. Equity ETF 4.4 3 72 5.0 +11.4
ILCG iShares Morningstar Growth ETF 4.4 4 71 3.8 +10.2
IUSG iShares Core S&P U.S. Growth ETF 4.4 4 71 4.2 +10.7
IVV iShares Core S&P 500 ETF 4.4 3 72 5.0 +11.4
IVW iShares S&P 500 Growth ETF 4.4 18 57 4.0 +10.5
IWB iShares Russell 1000 ETF 4.4 15 60 4.9 +11.3
IWF iShares Russell 1000 Growth ETF 4.4 19 56 4.3 +10.7
IWL iShares Russell Top 200 ETF 4.4 15 60 4.7 +11.1
IWY iShares Russell Top 200 Growth ETF 4.4 20 55 4.4 +10.8
IXN iShares Global Tech ETF 4.4 41 34 3.7 +10.1
IYW iShares U.S. Technology ETF 4.4 40 35 3.8 +10.3
IYY iShares Dow Jones U.S. ETF 4.4 20 55 4.8 +11.2
MTUM iShares MSCI USA Momentum Factor ETF 4.4 15 60 3.5 +9.9
OEF iShares S&P 100 ETF 4.4 20 55 4.6 +11.0
PABU iShares Paris-Aligned Climate MSCI USA ETF 4.4 10 65 4.5 +10.9
SUSA iShares MSCI USA ESG Select ETF 4.4 25 50 5.0 +11.5
SUSL iShares ESG MSCI USA Leaders ETF 4.4 10 65 4.8 +11.2
TECB iShares U.S. Tech Breakthrough Multisector ETF 4.4 40 35 3.8 +10.2
TOK iShares MSCI Kokusai ETF 4.4 26 49 5.1 +11.5
USXF iShares ESG Advanced MSCI USA ETF 4.4 10 65 4.8 +11.2
XVV iShares ESG Screened S&P 500 ETF 4.4 8 67 4.8 +11.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 4.4 12 63 4.3 +10.7
NZUS SPDR MSCI USA Climate Paris Aligned ETF 4.4 10 65 4.5 +10.9
SPLG SPDR Portfolio S&P 500 ETF 4.4 2 73 5.0 +11.4
SPY SPDR S&P 500 ETF Trust 4.4 9 66 4.9 +11.3
SPYG SPDR Portfolio S&P 500 Growth ETF 4.4 4 71 4.2 +10.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 4.4 20 55 4.7 +11.1
XLK Technology Select Sector SPDR Fund 4.4 9 66 4.6 +11.1
ADME Aptus Drawdown Managed Equity ETF 4.4 79 -4 4.1 +10.5
FIVG Defiance Next Gen Connectivity ETF 4.4 30 45 6.0 +12.4
LRNZ TrueShares Technology, AI & Deep Learning ETF 4.4 69 6 -0.8 +5.6
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 4.4 60 15 5.1 +11.6
SFY SoFi Select 500 ETF 4.4 0 75 4.2 +10.6
SFYF SoFi Social 50 ETF 4.4 29 46 -2.8 +3.6
SPRX Spear Alpha ETF 4.4 75 0 2.9 +9.3
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 4.4 45 30 4.2 +10.6
TMFC Motley Fool 100 Index ETF 4.4 50 25 3.6 +10.0
VEGN US Vegan Climate ETF 4.4 60 15 4.4 +10.8
TRFK Pacer Data and Digital Revolution ETF 4.4 60 15 3.8 +10.3
STRV Strive 500 ETF 4.4 5 70 4.9 +11.3
RVRB Reverb ETF 4.4 30 45 4.7 +11.1
SHOC Strive U.S. Semiconductor ETF Strive U.S. Semiconductor ETF 4.4 40 35 3.0 +9.4
STXG Strive 1000 Growth ETF 4.4 18 57 3.9 +10.3
CHAT Roundhill Generative AI & Technology ETF 4.4 75 0 2.8 +9.2
APUE ActivePassive U.S. Equity ETF 4.4 45 30 4.7 +11.1
WISE Themes Generative Artificial Intelligence ETF 4.4 35 40 2.0 +8.4
URTH iShares MSCI World ETF 4.4 24 51 5.2 +11.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.4 20 55 5.3 +11.7
IVRS iShares Future Metaverse Tech and Communications ETF 4.4 47 28 -5.0 +1.4
ACWI iShares MSCI ACWI ETF 4.4 32 43 5.2 +11.7
KOMP SPDR S&P Kensho New Economies Composite ETF 4.4 20 55 2.0 +8.5
QTUM Defiance Quantum ETF 4.4 40 35 3.7 +10.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 4.4 12 63 4.8 +11.2
LCTU BlackRock U.S. Carbon Transition Readiness ETF 4.4 14 61 5.1 +11.5
DFAC Dimensional U.S. Core Equity 2 ETF 4.3 17 58 5.5 +11.9
LRGF iShares U.S. Equity Factor ETF 4.3 8 67 5.5 +11.9
XSD SPDR S&P Semiconductor ETF 4.2 35 40 4.4 +10.8
NANC Unusual Whales Subversive Democratic Trading ETF 4.2 75 0 3.4 +9.8
GSPY Gotham Enhanced 500 ETF 4.2 50 25 5.0 +11.5
NXTG First Trust Indxx NextG ETF 4.2 70 5 5.7 +12.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 4.2 9 66 5.5 +12.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 4.2 75 0 4.3 +10.7
GLOF iShares Global Equity Factor ETF 4.1 20 55 6.8 +13.2
BTEK Future Tech ETF 4.1 88 -13 1.8 +8.2
BTHM BlackRock Future U.S. Themes ETF 4.1 60 15 3.9 +10.3
CACG ClearBridge All Cap Growth ESG ETF 4.1 54 21 3.3 +9.7
FDG American Century Focused Dynamic Growth ETF 4.1 45 30 2.4 +8.8
FDMO Fidelity Momentum Factor ETF 4.1 15 60 3.5 +9.9
FDRR Fidelity Dividend ETF for Rising Rates 4.1 15 60 7.4 +13.8
FDVV Fidelity High Dividend ETF 4.1 15 60 8.4 +14.8
FFND Future Fund Active ETF 4.1 100 -25 0.2 +6.6
FLRG Fidelity U.S. Multifactor ETF 4.1 15 60 7.4 +13.8
FQAL Fidelity Quality Factor ETF 4.1 15 60 5.5 +12.0
GGRW Gabelli Growth Innovators ETF 4.1 90 -15 2.0 +8.4
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 4.1 56 19 5.9 +12.3
LRGE ClearBridge Large Cap Growth ESG ETF 4.1 59 16 3.2 +9.6
MBCC Monarch Blue Chips Core ETF 4.1 125 -50 3.1 +9.6
NACP Impact Shares NAACP Minority Empowerment ETF 4.1 49 26 4.7 +11.1
NULC Nuveen ESG Large-Cap ETF 4.1 21 54 5.2 +11.6
NULG Nuveen ESG Large-Cap Growth ETF 4.1 26 49 4.0 +10.4
OALC OneAscent Large Cap Core ETF 4.1 86 -11 5.6 +12.1
OND ProShares On-Demand ETF 4.1 58 17 -2.4 +4.0
PSET Principal Quality ETF 4.1 15 60 5.3 +11.8
RAYD Rayliant Quantitative Developed Market Equity ETF 4.1 80 -5 4.1 +10.6
RECS Columbia Research Enhanced Core ETF 4.1 15 60 5.3 +11.8
RUFF Alpha Dog ETF 4.1 94 -19 4.5 +11.0
SSPX Janus Henderson U.S. Sustainable Equity ETF 4.1 55 20 3.6 +10.1
USMC Principal U.S. Mega-Cap ETF 4.1 12 63 4.6 +11.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 4.1 10 65 4.8 +11.3
VICE AdvisorShares Vice ETF 4.1 99 -24 7.6 +14.0
VNSE Natixis Vaughan Nelson Select ETF 4.1 80 -5 3.2 +9.7
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 4.1 15 60 5.0 +11.4
MINV Matthews Asia Innovators Active ETF 4.1 79 -4 2.7 +9.1
SYNB Putnam BioRevolution ETF 4.1 70 5 2.7 +9.1
JHDV John Hancock U.S. High Dividend ETF 4.1 34 41 6.1 +12.5
BKWO BNY Mellon Women's Opportunities ETF 4.1 50 25 3.7 +10.1
RFDA RiverFront Dynamic US Dividend Advantage ETF 4.1 52 23 5.5 +11.9
DUHP Dimensional US High Profitability ETF 4.1 21 54 6.4 +12.9
AFLG First Trust Active Factor Large Cap ETF 4.1 55 20 6.0 +12.4
XPND First Trust Expanded Technology ETF 4.1 65 10 3.5 +9.9
IBOT Vaneck Robotics ETF 4.1 47 28 3.4 +9.8
AIQ Global X Artificial Intelligence & Technology ETF 4.1 68 7 3.6 +10.0
BOTZ Global X Robotics & Artificial Intelligence ETF 4.1 69 6 2.1 +8.5
DRIV Global X Autonomous & Electric Vehicles ETF 4.1 68 7 3.2 +9.6
SPHQ Invesco S&P 500 Quality ETF 4.1 15 60 4.9 +11.4
IDAT iShares Future Cloud 5G and Tech ETF 4.1 47 28 4.0 +10.5
IOO iShares Global 100 ETF 4.1 41 34 4.4 +10.8
QUAL iShares MSCI USA Quality Factor ETF 4.1 15 60 5.1 +11.6
HAIL SPDR S&P Kensho Smart Mobility ETF 4.1 45 30 -2.1 +4.3
SHE SPDR MSCI USA Gender Diversity ETF 4.1 20 55 4.8 +11.2
TMFE Motley Fool Capital Efficiency 100 Index ETF 4.1 50 25 4.3 +10.8
VIRS Pacer BioThreat Strategy ETF 4.1 70 5 5.5 +11.9
YALL God Bless America ETF 4.1 65 10 3.6 +10.1
BBLU EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF 4.1 15 60 5.5 +11.9
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 4.1 79 -4 5.6 +12.0
PRAY FIS Christian Stock Fund 4.1 69 6 5.8 +12.3
CAML Congress Large Cap Growth ETF 4.1 66 9 3.0 +9.4
ANEW ProShares MSCI Transformational Changes ETF 4.0 45 30 3.1 +9.6
HDUS Hartford Disciplined US Equity ETF 4.0 19 56 5.9 +12.3
ARKQ ARK Autonomous Technology & Robotics ETF 4.0 75 0 2.0 +8.5
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 4.0 57 18 3.6 +10.0
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 3.9 49 26 4.4 +10.9
GINN Goldman Sachs Innovate Equity ETF 3.9 52 23 2.5 +8.9
SPMV Invesco S&P 500 Minimum Variance ETF 3.8 10 65 5.3 +11.8
KOKU Xtrackers MSCI Kokusai Equity ETF 3.8 9 66 5.2 +11.7
PWB Invesco Large Cap Growth ETF 3.8 56 19 2.9 +9.3
QLC FlexShares US Quality Large Cap Index Fund 3.7 25 50 5.3 +11.7
FCPI Fidelity Stocks for Inflation ETF 3.7 15 60 8.2 +14.6
SIXA ETC 6 Meridian Mega Cap Equity ETF 3.7 80 -5 5.5 +12.0
CBSE Clough Select Equity ETF 3.7 85 -10 -0.7 +5.7
CGGO Capital Group Global Growth Equity ETF 3.7 47 28 4.0 +10.5
XITK SPDR FactSet Innovative Technology ETF 3.7 45 30 2.7 +9.1
QDEF FlexShares Quality Dividend Defensive Index Fund 3.5 37 38 4.4 +10.8
QDF FlexShares Quality Dividend Index Fund 3.5 37 38 4.6 +11.0
SAMT Strategas Macro Thematic Opportunities ETF 3.5 65 10 4.4 +10.9
KRUZ Unusual Whales Subversive Republican Trading ETF 3.4 75 0 5.5 +11.9
JMOM JPMorgan U.S. Momentum Factor ETF 3.4 12 63 4.7 +11.1
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 3.4 25 50 5.4 +11.9
FLQL Franklin LibertyQ U.S. Equity ETF 3.3 15 60 5.6 +12.0
FTGS First Trust Growth Strength ETF 3.2 60 15 5.4 +11.8
FIXT Procure Disaster Recovery Strategy ETF 3.2 75 0 5.8 +12.2
TRFM AAM Transformers ETF 3.2 49 26 1.1 +7.6
CGRO CoreValues Alpha Greater China Growth ETF 3.1 75 0 1.3 +7.7
GVIP Goldman Sachs Hedge Industry VIP ETF 3.1 45 30 4.6 +11.0
JQUA JPMorgan U.S. Quality Factor ETF 3.1 12 63 5.5 +11.9
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 3.1 58 17 4.4 +10.8
DGRW WisdomTree US Quality Dividend Growth Fund 3.1 28 47 5.9 +12.3
LRND IQ U.S. Large Cap R&D Leaders ETF 3.0 14 61 5.8 +12.2
FXL First Trust Technology AlphaDEX Fund 3.0 61 14 4.9 +11.3
WTAI WisdomTree Artificial Intelligence and Innovation Fund 3.0 45 30 1.2 +7.7
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 2.9 47 28 0.5 +6.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 2.9 65 10 8.3 +14.7
PSCT Invesco S&P SmallCap Information Technology ETF 2.9 29 46 5.5 +11.9
QUS SPDR MSCI USA StrategicFactors ETF 2.8 15 60 5.9 +12.3
QLV FlexShares US Quality Low Volatility Index Fund 2.8 22 53 4.9 +11.4
RSPT Invesco S&P 500 Equal Weight Technology ETF 2.6 40 35 5.1 +11.5
SPHB Invesco S&P 500 High Beta ETF 2.6 25 50 3.9 +10.4
FDWM Fidelity Women's Leadership ETF 2.6 59 16 4.7 +11.2
QWLD SPDR MSCI World StrategicFactors ETF 2.5 30 45 5.8 +12.3
VFMO Vanguard U.S. Momentum Factor ETF 2.5 13 62 2.7 +9.1
ARKW ARK Next Generation Internet ETF 2.5 87 -12 -1.7 +4.7
VGT Vanguard Information Technology ETF 2.5 10 65 4.0 +10.4
INNO Harbor Disruptive Innovation ETF 2.5 75 0 -3.5 +3.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 2.4 29 46 6.0 +12.5
CGGR Capital Group Growth ETF 2.4 39 36 3.3 +9.7
AVUS Avantis U.S. Equity ETF 2.4 15 60 5.9 +12.3
EPS WisdomTree U.S. LargeCap Fund 2.4 8 67 6.0 +12.5
FINX Global X FinTech ETF 2.3 68 7 3.4 +9.8
JHML John Hancock Multifactor Large Cap ETF 2.3 29 46 5.5 +11.9
GURU Global X Guru Index ETF 2.3 75 0 1.7 +8.1
DLN WisdomTree U.S. LargeCap Dividend Fund 2.3 28 47 6.0 +12.5
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 2.3 65 10 1.5 +8.0
DGT SPDR Global Dow ETF 2.3 50 25 6.5 +13.0
SMCP AlphaMark Actively Managed Small Cap ETF 2.2 90 -15 7.2 +13.6
ROBO ROBO Global Robotics & Automation Index ETF 2.2 95 -20 2.7 +9.1
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 2.1 75 0 4.4 +10.9
DTD WisdomTree U.S. Total Dividend Fund 2.1 28 47 6.3 +12.7
XSW SPDR S&P Software & Services ETF 2.0 35 40 3.0 +9.4
VUSE Vident U.S. Equity Strategy ETF 2.0 50 25 3.4 +9.9
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 2.0 35 40 4.6 +11.0
MGK Vanguard Mega Cap Growth ETF 1.9 7 68 3.8 +10.2
PEXL Pacer US Export Leaders ETF 1.9 60 15 4.9 +11.4
EQWL Invesco S&P 100 Equal Weight ETF 1.9 25 50 6.6 +13.0
HAPY Harbor Human Capital Factor Unconstrained ETF 1.9 50 25 4.8 +11.2
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.9 58 17 4.6 +11.1
VOOG Vanguard S&P 500 Growth ETF 1.8 10 65 4.1 +10.6
TEMP JPMorgan Climate Change Solutions ETF 1.8 49 26 4.4 +10.8
WRND IQ Global Equity R&D Leaders ETF 1.8 18 57 6.8 +13.2
XT iShares Exponential Technologies ETF 1.8 46 29 3.8 +10.2
AESR Anfield U.S. Equity Sector Rotation ETF 1.8 108 -33 3.9 +10.4
VUG Vanguard Growth ETF 1.7 4 71 3.8 +10.2
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.7 65 10 3.9 +10.3
FTC First Trust Large Cap Growth AlphaDEX Fund 1.7 59 16 2.7 +9.1
ESMV iShares ESG MSCI USA Min Vol Factor ETF 1.7 18 57 6.3 +12.7
IUS Invesco RAFI Strategic US ETF 1.7 19 56 7.1 +13.6
VONG Vanguard Russell 1000 Growth ETF 1.6 8 67 4.4 +10.9
ARKF ARK Fintech Innovation ETF 1.6 75 0 -1.7 +4.8
PDP Invesco Dorsey Wright Momentum ETF 1.5 62 13 3.3 +9.7
ROE Astoria US Quality Kings ETF 1.5 49 26 7.9 +14.3
JOET Virtus Terranova US Quality Momentum ETF 1.4 29 46 5.1 +11.5
CGUS Capital Group Core Equity ETF 1.3 33 42 4.5 +10.9
MGC Vanguard Mega Cap ETF 1.3 7 68 4.7 +11.1
IWC iShares Micro-Cap ETF 1.3 60 15 -4.3 +2.2
QGRO American Century U.S. Quality Growth ETF 1.2 29 46 5.7 +12.1
BCDF Horizon Kinetics Blockchain Development ETF 1.2 85 -10 5.2 +11.6
ESGV Vanguard ESG U.S. Stock ETF 1.2 9 66 4.7 +11.2
CHGX AXS Change Finance ESG ETF 1.2 49 26 4.8 +11.2
VOO Vanguard S&P 500 ETF 1.2 3 72 5.0 +11.4
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.2 64 11 2.1 +8.6
VV Vanguard Large-Cap ETF 1.1 4 71 4.9 +11.3
VONE Vanguard Russell 1000 ETF 1.1 8 67 4.9 +11.4
VTHR Vanguard Russell 3000 ETF 1.1 10 65 4.8 +11.3
VTI Vanguard Total Stock Market ETF 1.1 3 72 4.8 +11.3
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 1.0 25 50 5.9 +12.3
RZG Invesco S&P Smallcap 600 Pure Growth ETF 1.0 35 40 6.8 +13.2
JAVA JPMorgan Active Value ETF 1.0 44 31 6.3 +12.7
ROUS Hartford Multifactor US Equity ETF 0.9 19 56 6.3 +12.7
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.9 20 55 6.0 +12.4
FEX First Trust Large Cap Core AlphaDEX Fund 0.9 59 16 5.9 +12.4
VFQY Vanguard U.S. Quality Factor ETF 0.9 13 62 7.0 +13.5
HLGE Hartford Longevity Economy ETF 0.9 44 31 6.3 +12.7
ETHO Etho Climate Leadership U.S. ETF 0.9 47 28 3.7 +10.1
AIEQ AI Powered Equity ETF 0.8 75 0 5.8 +12.2
FDN First Trust Dow Jones Internet Index Fund 0.8 52 23 1.6 +8.0
IJT iShares S&P Small-Cap 600 Growth ETF 0.8 18 57 6.8 +13.3
SLYG SPDR S&P 600 Small Cap Growth ETF 0.7 15 60 6.8 +13.3
VT Vanguard Total World Stock ETF 0.7 7 68 5.5 +11.9
CRTC Xtrackers US National Critical Technologies ETF 0.7 35 40 5.4 +11.8
ULVM VictoryShares US Value Momentum ETF 0.7 20 55 7.4 +13.9
SPAM Themes Cybersecurity ETF 0.7 35 40 2.1 +8.5
USMV iShares MSCI USA Min Vol Factor ETF 0.7 15 60 6.0 +12.4
RWL Invesco S&P 500 Revenue ETF 0.6 39 36 6.6 +13.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.6 18 57 7.6 +14.0
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.6 9 66 3.9 +10.3
GMF SPDR S&P Emerging Asia Pacific ETF 0.6 49 26 5.9 +12.3
FNDX Schwab Fundamental US Large Co. Index ETF 0.6 25 50 7.0 +13.4
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.6 78 -3 8.4 +14.8
AVEM Avantis Emerging Markets Equity ETF 0.6 33 42 8.6 +15.1
BKCI BNY Mellon Concentrated International ETF 0.6 80 -5 5.0 +11.4
DIVS SmartETFs Dividend Builder ETF 0.6 65 10 4.5 +10.9
JIG JPMorgan International Growth ETF 0.6 55 20 4.1 +10.5
ROAM Hartford Multifactor Emerging Markets ETF 0.6 44 31 11.2 +17.6
SXUS Janus Henderson International Sustainable Equity ETF 0.6 60 15 4.2 +10.6
NTZG Nuveen Global Net Zero Transition ETF 0.6 56 19 4.8 +11.2
MEM Matthews Emerging Markets Equity Active ETF 0.6 79 -4 5.6 +12.0
OSEA Harbor International Compounders ETF 0.6 55 20 3.5 +10.0
GDVD R3 Global Dividend Growth ETF 0.6 88 -13 5.6 +12.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.6 30 45 7.7 +14.2
AGQI First Trust Active Global Quality Income ETF 0.6 85 -10 5.3 +11.7
FVD First Trust Value Line Dividend Index Fund 0.6 65 10 6.3 +12.7
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.6 95 -20 10.4 +16.8
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.6 50 25 5.1 +11.5
EMC Global X Emerging Markets Great Consumer ETF 0.6 75 0 4.8 +11.3
EMM Global X Emerging Markets ex-China ETF 0.6 75 0 3.8 +10.2
CWI SPDR MSCI ACWI ex-US ETF 0.6 30 45 6.6 +13.0
DIVZ TrueShares Low Volatility Equity Income ETF 0.6 65 10 8.5 +14.9
DSTX Distillate International Fundamental Stability & Value ETF 0.6 55 20 8.0 +14.5
FRDM Freedom 100 Emerging Markets ETF 0.6 49 26 6.6 +13.0
TMFG Motley Fool Global Opportunities ETF 0.6 85 -10 3.4 +9.9
UMMA Wahed Dow Jones Islamic World ETF 0.6 65 10 4.1 +10.5
RSHO Tema American Reshoring ETF 0.6 75 0 3.7 +10.1
APIE ActivePassive International Equity ETF 0.6 45 30 7.5 +14.0
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.6 19 56 6.4 +12.8
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.5 70 5 2.2 +8.7
VLU SPDR S&P 1500 Value Tilt ETF 0.5 12 63 7.3 +13.7
FNDB Schwab Fundamental US Broad Market Index ETF 0.5 25 50 7.0 +13.4
IWO iShares Russell 2000 Growth ETF 0.5 24 51 1.5 +7.9
VTWG Vanguard Russell 2000 Growth ETF 0.5 15 60 1.6 +8.0
BKSE BNY Mellon US Small Cap Core Equity ETF 0.5 4 71 5.6 +12.1
ISCG iShares Morningstar Small-Cap Growth ETF 0.5 6 69 2.5 +8.9
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.5 60 15 0.0 +6.5
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.5 9 66 6.0 +12.4
RSP Invesco S&P 500 Equal Weight ETF 0.5 20 55 6.2 +12.6
IWM iShares Russell 2000 ETF 0.5 19 56 3.6 +10.0
PRF Invesco FTSE RAFI US 1000 ETF 0.5 39 36 7.2 +13.6
RSSL Global X Russell 2000 ETF 0.4 8 67 3.6 +10.0
VTWO Vanguard Russell 2000 ETF 0.4 10 65 3.7 +10.1
FYC First Trust Small Cap Growth AlphaDEX Fund 0.4 71 4 1.0 +7.4
SSPY Syntax Stratified LargeCap ETF 0.4 30 45 6.5 +12.9
STXK Strive Small-Cap ETF 0.4 18 57 5.4 +11.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.4 39 36 9.0 +15.5
EUSA iShares MSCI USA Equal Weighted ETF 0.4 9 66 6.2 +12.6
DFUV Dimensional US Marketwide Value ETF 0.4 22 53 7.8 +14.2
CLNR IQ Cleaner Transport ETF 0.4 45 30 7.9 +14.3
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.4 32 43 5.0 +11.4
ESGG FlexShares STOXX Global ESG Select Index Fund 0.4 42 33 4.9 +11.4
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.4 9 66 4.8 +11.3
MAKX ProShares S&P Kensho Smart Factories ETF 0.4 58 17 0.4 +6.8
MOHR Collaborative Investment Series Trust - Mohr Growth ETF 0.4 106 -31 3.0 +9.4
OCEN IQ Clean Oceans ETF 0.4 45 30 5.1 +11.5
VSLU Applied Finance Valuation Large Cap ETF 0.4 49 26 5.7 +12.1
WCEO Hypatia Women CEO ETF 0.4 85 -10 5.1 +11.6
DFLV Dimensional US Large Cap Value ETF 0.4 22 53 8.0 +14.4
ESPO VanEck Video Gaming and eSports ETF 0.4 56 19 3.9 +10.4
ILCV iShares Morningstar Value ETF 0.4 4 71 6.6 +13.1
IWD iShares Russell 1000 Value ETF 0.4 19 56 6.6 +13.1
IWX iShares Russell Top 200 Value ETF 0.4 20 55 6.6 +13.0
FUNL CornerCap Fundametrics Large-Cap ETF 0.4 50 25 7.1 +13.5
HLAL Wahed FTSE USA Shariah ETF 0.4 50 25 4.6 +11.1
LOUP Innovator Deepwater Frontier Tech ETF 0.4 70 5 1.8 +8.2
ODDS Pacer BlueStar Digital Entertainment ETF 0.4 60 15 3.0 +9.4
VONV Vanguard Russell 1000 Value ETF 0.4 8 67 6.7 +13.1
IJR iShares Core S&P Small Cap ETF 0.4 6 69 8.1 +14.5
BFOR ALPS Barron's 400 ETF 0.4 65 10 6.6 +13.0
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.4 3 72 8.1 +14.5
RAFE PIMCO RAFI ESG U.S. ETF 0.4 29 46 6.9 +13.3
IWN iShares Russell 2000 Value ETF 0.4 24 51 5.6 +12.0
VFMF Vanguard U.S. Multifactor ETF 0.4 18 57 8.8 +15.2
VTWV Vanguard Russell 2000 Value ETF 0.4 15 60 5.7 +12.1
SIZE iShares MSCI USA Size Factor ETF 0.4 15 60 6.0 +12.5
VEU Vanguard FTSE All-World ex-US Index Fund 0.3 8 67 6.8 +13.3
VWO Vanguard FTSE Emerging Markets ETF 0.3 8 67 6.9 +13.3
IGV iShares Expanded Tech-Software Sector ETF 0.3 41 34 3.3 +9.7
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.3 58 17 5.4 +11.8
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.3 52 23 5.4 +11.8
DFAS Dimensional U.S. Small Cap ETF 0.3 26 49 6.2 +12.6
VBK Vanguard Small-Cap Growth ETF 0.3 7 68 1.5 +7.9
ISCB iShares Morningstar Small-Cap ETF 0.2 4 71 5.3 +11.7
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.2 47 28 9.9 +16.4
JEPI JPMorgan Equity Premium Income ETF 0.2 35 40 5.3 +11.7
FYX First Trust Small Cap Core AlphaDEX Fund 0.2 61 14 6.5 +12.9
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.2 17 58 5.5 +11.9
FLDZ RiverNorth Patriot ETF 0.2 75 0 5.7 +12.2
FNX First Trust Mid Cap Core AlphaDEX Fund 0.2 60 15 7.1 +13.6
ONEO SPDR Russell 1000 Momentum Focus ETF 0.2 20 55 7.2 +13.6
SCHA Schwab U.S. Small-Cap ETF 0.2 4 71 4.8 +11.2
DFAT Dimensional U.S. Targeted Value ETF 0.2 28 47 8.5 +14.9
VXF Vanguard Extended Market ETF 0.2 6 69 4.2 +10.6
GWX SPDR S&P International Small Cap ETF 0.2 40 35 6.3 +12.7
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 55 6.8 +13.2
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 55 5.9 +12.4
AFSM First Trust Active Factor Small Cap ETF 0.2 75 0 7.3 +13.7
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.1 40 35 5.9 +12.4
CFA VictoryShares US 500 Volatility Wtd ETF 0.1 35 40 6.0 +12.4
VB Vanguard Small-Cap ETF 0.1 5 70 5.5 +11.9
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 50 5.5 +11.9
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 58 7.1 +13.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 36 4.5 +10.9
TXS Texas Capital Texas Equity Index ETF 0.0 49 26 5.3 +11.8
TGRW T. Rowe Price Growth Stock ETF 0.0 52 23 3.7 +10.1
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 10 7.1 +13.5
GXC SPDR S&P China ETF 0.0 59 16 8.6 +15.0
TCHP T. Rowe Price Blue Chip Growth ETF 0.0 57 18 3.2 +9.6
DFSV Dimensional US Small Cap Value ETF 0.0 31 44 9.2 +15.6
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 71 6.8 +13.2
AVDE Avantis International Equity ETF 0.0 23 52 7.8 +14.2
IXUS iShares Core MSCI Total International Stock ETF 0.0 7 68 6.9 +13.3
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 68 7.1 +13.6

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

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RESULTS & ESTIMATES

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

 

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

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

OTHER FUNDAMENTAL METRICS

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

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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

Historical valuation trends

Forward
multiple:
Valkyrie Bitcoin Miners 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 -26.5 %
Divided by: Fwd. P/BV 4.7 x
Less: Expense ratio 75 bp
Equals: ALTAR Score -6.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.32 CATEGORY
AVERAGE
1.54
 
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.