Valkyrie Bitcoin Miners ETF
ALTAR
Score™
-10.3% info Recommen-
dation
AVOID
2024E    2025E
P/E
ratio
-98.2x P/Sales
ratio
1.7x
P/BV
ratio
2.1x Div.
yield
0.1%


  • 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) $102
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 18
Wgt avg mkt cap (mns) $127,017
Large cap (>$10bn) 10.7%
Mid cap ($2-10bn) 0.0%
Small cap (<$2bn) 89.3%
Developed mkts 98.8%
Emerging mkts 1.3%

TOP TEN HOLDINGS
CLEANSPARK, INC. 21.6 %
MARATHON DIGITAL HOLDINGS INC 16.1 %
IRIS ENERGY LTD. 9.6 %
RIOT BLOCKCHAIN INC 9.1 %
NVIDIA CORP 7.7 %
BITFARMS LTD. 5.1 %
TERAWULF INC. 4.2 %
AEROHIVE NETWORKS INC 4.0 %
CIPHER MINING INC 3.6 %
BIT DIGITAL, INC. 3.2 %
Total 84.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 73.6 %
AUSTRALIA 10.3 %
CANADA 6.1 %
BRITAIN 2.6 %
TAIWAN 0.6 %
SOUTH KOREA 0.4 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-27.9% 44.7% -- -- -17.8%

Market Correlations
versus... Beta R-squared
S&P500 3.48 39%
MSCI EAFE 3.26 33%
MSCI Emg. Mkts. 2.69 25%

Technical Indicators
Recent close $17.09
30d moving avg. $11.40
Annualized volatility 111.2%
Short interest (ETF) 4.1%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 531
Turnover 8.9%
Bid/Ask (% of price) 0.31%
ADV underlying (mns) $52,323

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 429 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™: -10.3%


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 63.9 50 25 -5.1 +5.1
IBLC iShares Blockchain and Tech ETF 50.0 47 28 -1.4 +8.9
FDIG Fidelity Crypto Industry and Digital Payments ETF 39.8 39 36 -1.3 +8.9
DAPP VanEck Digital Transformation ETF 39.7 50 25 -5.2 +5.1
SATO Invesco Alerian Galaxy Crypto Economy ETF 37.6 61 14 -7.4 +2.9
GFOF Grayscale Future of Finance ETF 37.5 70 5 -4.1 +6.2
BITQ Bitwise Crypto Industry Innovators ETF 36.2 85 -10 -5.0 +5.3
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 34.5 85 -10 -1.3 +9.0
STCE Schwab Crypto Thematic ETF 19.4 30 45 -5.6 +4.7
BLOK Amplify Transformational Data Sharing ETF 18.9 75 0 1.3 +11.5
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 17.7 61 14 -0.3 +10.0
PTF Invesco Dorsey Wright Technology Momentum ETF 11.9 60 15 0.5 +10.8
DARP Grizzle Growth ETF 9.3 75 0 5.0 +15.3
SOXX iShares Semiconductor ETF 8.8 35 40 5.0 +15.3
SMH VanEck Semiconductor ETF 8.8 35 40 3.9 +14.2
IQM Franklin Intelligent Machines ETF 8.8 50 25 2.9 +13.2
SOXQ Invesco PHLX Semiconductor ETF 8.8 19 56 5.0 +15.3
WUGI AXS Esoterica NextG Economy ETF 8.8 75 0 2.3 +12.5
METV Roundhill Ball Metaverse ETF 8.8 59 16 3.6 +13.9
FBCG Fidelity Blue Chip Growth ETF 8.6 59 16 2.4 +12.6
AOTG AOT Growth and Innovation ETF 8.5 75 0 2.9 +13.2
VGT Vanguard Information Technology ETF 8.4 10 65 4.4 +14.7
IGM iShares Expanded Tech Sector ETF 8.3 41 34 4.0 +14.3
QQMG Invesco ESG NASDAQ 100 ETF 8.2 20 55 4.5 +14.8
QGRW WisdomTree U.S. Quality Growth Fund 8.2 28 47 4.3 +14.6
TRFK Pacer Data and Digital Revolution ETF 8.2 60 15 3.3 +13.6
GK AdvisorShares Gerber Kawasaki ETF 8.2 75 0 3.0 +13.3
SPYG SPDR Portfolio S&P 500 Growth ETF 8.2 4 71 4.3 +14.6
CHAT Roundhill Generative AI & Technology ETF 8.2 75 0 2.6 +12.8
VOOG Vanguard S&P 500 Growth ETF 8.2 10 65 5.1 +15.4
IUSG iShares Core S&P U.S. Growth ETF 8.2 4 71 4.4 +14.6
XLG Invesco S&P 500 Top 50 ETF 8.2 20 55 4.4 +14.7
IWY iShares Russell Top 200 Growth ETF 8.2 20 55 4.5 +14.8
SFYF SoFi Social 50 ETF 8.2 29 46 -1.2 +9.1
IETC iShares U.S. Tech Independence Focused ETF 8.2 18 57 4.0 +14.3
LRNZ TrueShares Technology, AI & Deep Learning ETF 8.2 69 6 -1.2 +9.1
DSI iShares MSCI KLD 400 Social ETF 8.2 25 50 4.9 +15.2
SHOC Strive U.S. Semiconductor ETF Strive U.S. Semiconductor ETF 8.2 40 35 4.9 +15.2
SPRX Spear Alpha ETF 8.2 75 0 -0.2 +10.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 8.2 12 63 4.3 +14.5
ESPO VanEck Video Gaming and eSports ETF 8.2 56 19 3.6 +13.9
GGME Invesco Next Gen Media and Gaming ETF 8.2 60 15 3.6 +13.9
EGUS iShares ESG Aware MSCI USA Growth ETF 8.2 18 57 4.0 +14.3
IVW iShares S&P 500 Growth ETF 8.2 18 57 4.2 +14.4
FIVG Defiance Next Gen Connectivity ETF 8.2 30 45 6.2 +16.5
SCHG Schwab U.S. Large-Cap Growth ETF 8.2 4 71 4.0 +14.3
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 8.2 45 30 4.4 +14.7
SNPG Xtrackers S&P 500 Growth ESG ETF 8.2 15 60 4.7 +15.0
IGPT Invesco AI and Next Gen Software ETF 8.2 60 15 3.4 +13.7
USXF iShares ESG Advanced MSCI USA ETF 8.2 10 65 4.8 +15.1
ILCG iShares Morningstar Growth ETF 8.2 4 71 3.8 +14.1
TMFC Motley Fool 100 Index ETF 8.2 50 25 3.7 +14.0
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 8.1 68 7 4.0 +14.3
ONEQ Fidelity Nasdaq Composite Index ETF 8.1 21 54 3.6 +13.9
VUG Vanguard Growth ETF 8.1 4 71 4.0 +14.2
JGRO JPMorgan Active Growth ETF 7.9 44 31 3.2 +13.5
IWF iShares Russell 1000 Growth ETF 7.8 19 56 4.4 +14.6
VONG Vanguard Russell 1000 Growth ETF 7.8 8 67 4.5 +14.7
IOO iShares Global 100 ETF 7.7 41 34 4.7 +15.0
SPMO Invesco S&P 500 Momentum ETF 7.7 13 62 4.0 +14.2
NULG Nuveen ESG Large-Cap Growth ETF 7.7 26 49 4.1 +14.4
FDG American Century Focused Dynamic Growth ETF 7.7 45 30 2.5 +12.8
LRGE ClearBridge Large Cap Growth ESG ETF 7.7 59 16 3.1 +13.3
SUSL iShares ESG MSCI USA Leaders ETF 7.7 10 65 4.9 +15.2
BOTZ Global X Robotics & Artificial Intelligence ETF 7.7 69 6 1.7 +12.0
YALL God Bless America ETF 7.7 65 10 3.7 +14.0
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 7.7 10 65 4.9 +15.2
RAYD Rayliant Quantitative Developed Market Equity ETF 7.7 80 -5 4.5 +14.7
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 7.7 60 15 5.9 +16.2
SPHQ Invesco S&P 500 Quality ETF 7.6 15 60 5.3 +15.5
IBOT Vaneck Robotics ETF 7.5 47 28 3.6 +13.9
FFTY Innovator IBD 50 ETF 7.5 80 -5 -0.5 +9.8
IXN iShares Global Tech ETF 7.4 41 34 4.1 +14.4
WISE Themes Generative Artificial Intelligence ETF 7.4 35 40 1.7 +12.0
CARZ First Trust NASDAQ Global Auto Index Fund 7.4 70 5 3.4 +13.7
IYW iShares U.S. Technology ETF 7.3 40 35 4.2 +14.5
MGK Vanguard Mega Cap Growth ETF 7.3 7 68 4.0 +14.3
XLK Technology Select Sector SPDR Fund 7.3 9 66 4.8 +15.1
OEF iShares S&P 100 ETF 7.2 20 55 4.8 +15.1
BTEK Future Tech ETF 7.2 88 -13 2.2 +12.4
PSET Principal Quality ETF 7.1 15 60 5.4 +15.6
MTUM iShares MSCI USA Momentum Factor ETF 7.1 15 60 3.4 +13.7
PSI Invesco Semiconductors ETF 7.1 57 18 5.0 +15.3
TMFE Motley Fool Capital Efficiency 100 Index ETF 7.1 50 25 4.3 +14.6
VIRS Pacer BioThreat Strategy ETF 7.1 70 5 5.7 +15.9
DYNF BlackRock U.S. Equity Factor Rotation ETF 7.1 30 45 4.5 +14.8
MVPS Amplify Thematic All-Stars ETF 7.1 49 26 1.5 +11.8
FTEC Fidelity MSCI Information Technology Index ETF 7.0 8 67 4.4 +14.7
FFND Future Fund Active ETF 6.9 100 -25 0.2 +10.5
VEGN US Vegan Climate ETF 6.8 60 15 4.4 +14.7
BTHM BlackRock Future U.S. Themes ETF 6.8 60 15 4.5 +14.8
SYNB Putnam BioRevolution ETF 6.8 70 5 2.9 +13.2
MOTO SmartETFs Smart Transportation & Technology ETF 6.7 68 7 6.6 +16.8
DFNV Donoghue Forlines Innovation ETF 6.7 69 6 5.2 +15.5
FSST Fidelity Sustainable U.S. Equity ETF 6.7 59 16 4.7 +15.0
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 6.7 15 60 5.0 +15.3
SNPE Xtrackers S&P 500 ESG ETF 6.6 10 65 5.1 +15.4
USCA Xtrackers MSCI USA Climate Action Equity ETF 6.6 7 68 5.0 +15.3
BNGE First Trust S-Network Streaming and Gaming ETF 6.5 70 5 -1.1 +9.2
GGRW Gabelli Growth Innovators ETF 6.5 90 -15 2.0 +12.3
SSPX Janus Henderson U.S. Sustainable Equity ETF 6.5 55 20 4.1 +14.4
XPND First Trust Expanded Technology ETF 6.5 65 10 3.9 +14.1
DEMZ Democratic Large Cap Core ETF 6.5 45 30 4.0 +14.2
TECB iShares U.S. Tech Breakthrough Multisector ETF 6.4 40 35 3.8 +14.1
NACP Impact Shares NAACP Minority Empowerment ETF 6.4 49 26 4.8 +15.1
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 6.4 10 65 5.3 +15.5
STXG Strive 1000 Growth ETF 6.3 18 57 4.0 +14.3
SHE SPDR MSCI USA Gender Diversity ETF 6.2 20 55 4.7 +15.0
MBCC Monarch Blue Chips Core ETF 6.2 125 -50 3.1 +13.3
NULC Nuveen ESG Large-Cap ETF 6.2 21 54 5.4 +15.7
QQQ Invesco QQQ Trust Series I 6.2 20 55 4.4 +14.7
QQQM Invesco NASDAQ 100 ETF 6.2 15 60 4.5 +14.8
QUAL iShares MSCI USA Quality Factor ETF 6.1 15 60 5.2 +15.5
FMIL Fidelity New Millennium ETF 6.0 59 16 3.9 +14.2
PABU iShares Paris-Aligned Climate MSCI USA ETF 6.0 10 65 4.5 +14.8
FTXL First Trust Nasdaq Semiconductor ETF 5.9 60 15 5.7 +16.0
BBLU EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF 5.9 15 60 5.4 +15.7
GBUY Goldman Sachs Future Consumer Equity ETF 5.9 75 0 2.9 +13.2
SUSA iShares MSCI USA ESG Select ETF 5.8 25 50 5.1 +15.3
IWL iShares Russell Top 200 ETF 5.8 15 60 4.8 +15.1
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 5.7 75 0 3.0 +13.2
MGC Vanguard Mega Cap ETF 5.6 7 68 4.9 +15.2
MINV Matthews Asia Innovators Active ETF 5.5 79 -4 2.9 +13.2
XVV iShares ESG Screened S&P 500 ETF 5.5 8 67 4.9 +15.2
ACVF American Conservative Values ETF 5.5 75 0 4.2 +14.5
FMET Fidelity Metaverse ETF 5.5 39 36 4.1 +14.4
BWEB Bitwise Web3 ETF 5.5 85 -10 0.9 +11.1
TIME Clockwise Core Equity & Innovation ETF 5.5 100 -25 2.1 +12.4
NZUS SPDR MSCI USA Climate Paris Aligned ETF 5.5 10 65 4.6 +14.8
QVML Invesco S&P 500 QVM Multi-factor ETF 5.5 11 64 5.0 +15.3
BKWO BNY Mellon Women's Opportunities ETF 5.5 50 25 3.5 +13.8
FDRR Fidelity Dividend ETF for Rising Rates 5.4 15 60 7.0 +17.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 5.3 20 55 4.9 +15.2
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 5.2 75 0 4.5 +14.8
VICE AdvisorShares Vice ETF 5.2 99 -24 6.5 +16.8
ARVR First Trust Indxx Metaverse ETF 5.2 70 5 2.4 +12.6
XNTK SPDR NYSE Technology ETF 5.2 35 40 3.7 +14.0
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 5.2 20 55 4.9 +15.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 5.2 11 64 5.1 +15.3
CATH Global X S&P 500 Catholic Values Custom ETF 5.1 29 46 5.0 +15.3
NANC Unusual Whales Subversive Democratic Trading ETF 5.1 75 0 3.7 +13.9
RECS Columbia Research Enhanced Core ETF 5.1 15 60 5.4 +15.7
USMC Principal U.S. Mega-Cap ETF 5.1 12 63 4.7 +15.0
ADME Aptus Drawdown Managed Equity ETF 5.1 79 -4 4.3 +14.5
ESGV Vanguard ESG U.S. Stock ETF 5.1 9 66 4.8 +15.1
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 5.1 56 19 5.0 +15.3
ODDS Pacer BlueStar Digital Entertainment ETF 5.1 60 15 2.0 +12.3
VOO Vanguard S&P 500 ETF 5.1 3 72 5.1 +15.4
IVV iShares Core S&P 500 ETF 5.1 3 72 5.1 +15.4
GFGF Guru Favorite Stocks ETF Guru Favorite Stocks Fund 5.1 65 10 3.6 +13.9
SPY SPDR S&P 500 ETF Trust 5.1 9 66 5.1 +15.3
SPLG SPDR Portfolio S&P 500 ETF 5.1 2 73 5.1 +15.4
VNSE Natixis Vaughan Nelson Select ETF 5.1 80 -5 3.1 +13.4
ESGU iShares ESG Aware MSCI USA ETF 5.0 15 60 5.0 +15.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 5.0 15 60 4.7 +15.0
FQAL Fidelity Quality Factor ETF 5.0 15 60 5.6 +15.9
CACG ClearBridge All Cap Growth ESG ETF 5.0 54 21 3.1 +13.4
HAPI Harbor Human Capital Factor US Large Cap ETF 5.0 36 39 4.6 +14.8
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 4.9 7 68 5.0 +15.3
STRV Strive 500 ETF 4.9 5 70 5.0 +15.3
PBUS Invesco MSCI USA ETF 4.9 4 71 5.1 +15.4
FDMO Fidelity Momentum Factor ETF 4.9 15 60 3.4 +13.7
XSD SPDR S&P Semiconductor ETF 4.9 35 40 5.2 +15.4
VOTE TCW Transform 500 ETF 4.9 5 70 5.0 +15.3
BKLC BNY Mellon US Large Cap Core Equity ETF 4.8 0 75 5.1 +15.4
RUFF Alpha Dog ETF 4.8 94 -19 4.6 +14.9
RFFC ALPS Active Equity Opportunity ETF 4.8 48 27 4.5 +14.8
VV Vanguard Large-Cap ETF 4.8 4 71 5.0 +15.3
SCHX Schwab U.S. Large-Cap ETF 4.8 3 72 5.1 +15.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 4.8 2 73 5.1 +15.4
CAML Congress Large Cap Growth ETF 4.8 66 9 3.4 +13.7
ILCB iShares Morningstar U.S. Equity ETF 4.7 3 72 5.1 +15.4
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 4.7 3 72 5.3 +15.5
PRAY FIS Christian Stock Fund 4.7 69 6 5.7 +16.0
SCHK Schwab 1000 Index ETF 4.7 5 70 5.1 +15.4
IYY iShares Dow Jones U.S. ETF 4.7 20 55 4.9 +15.2
DFUS Dimensional U.S. Equity ETF 4.6 9 66 5.0 +15.3
IWB iShares Russell 1000 ETF 4.5 15 60 5.0 +15.2
VONE Vanguard Russell 1000 ETF 4.5 8 67 5.0 +15.3
SCHB Schwab U.S. Broad Market ETF 4.5 3 72 5.0 +15.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 4.5 3 72 5.0 +15.3
APUE ActivePassive U.S. Equity ETF 4.5 45 30 4.9 +15.1
OALC OneAscent Large Cap Core ETF 4.5 86 -11 5.8 +16.1
PWB Invesco Large Cap Growth ETF 4.5 56 19 2.9 +13.2
FLRG Fidelity U.S. Multifactor ETF 4.4 15 60 6.9 +17.2
RVRB Reverb ETF 4.4 30 45 4.8 +15.1
DFSU Dimensional US Sustainability Core 1 ETF 4.4 18 57 5.5 +15.8
IWV iShares Russell 3000 ETF 4.4 20 55 4.8 +15.1
LCTU BlackRock U.S. Carbon Transition Readiness ETF 4.4 14 61 5.2 +15.5
VTHR Vanguard Russell 3000 ETF 4.3 10 65 4.9 +15.2
VTI Vanguard Total Stock Market ETF 4.3 3 72 4.9 +15.2
DRIV Global X Autonomous & Electric Vehicles ETF 4.3 68 7 5.0 +15.3
RPG Invesco S&P 500 Pure Growth ETF 4.3 35 40 3.3 +13.6
DFAU Dimensional US Core Equity Market ETF 4.2 12 63 5.2 +15.5
VPN Global X Data Center REITs & Digital Infrastructure ETF 4.2 50 25 2.1 +12.3
KOMP SPDR S&P Kensho New Economies Composite ETF 4.2 20 55 2.1 +12.3
FDVV Fidelity High Dividend ETF 4.2 15 60 8.5 +18.8
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 4.2 57 18 3.4 +13.6
IVRS iShares Future Metaverse Tech and Communications ETF 4.1 47 28 -2.9 +7.4
LRGF iShares U.S. Equity Factor ETF 4.1 8 67 5.8 +16.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 4.1 9 66 5.6 +15.9
JHDV John Hancock U.S. High Dividend ETF 4.1 34 41 6.3 +16.6
GINN Goldman Sachs Innovate Equity ETF 4.0 52 23 2.8 +13.1
BUZZ VanEck Social Sentiment ETF 3.9 75 0 0.1 +10.4
IDAT iShares Future Cloud 5G and Tech ETF 3.9 47 28 4.2 +14.4
ARKQ ARK Autonomous Technology & Robotics ETF 3.8 75 0 1.5 +11.8
RFDA RiverFront Dynamic US Dividend Advantage ETF 3.8 52 23 6.5 +16.8
KRMA Global X Conscious Companies ETF 3.8 43 32 5.6 +15.8
HDUS Hartford Disciplined US Equity ETF 3.8 19 56 6.1 +16.3
AIQ Global X Artificial Intelligence & Technology ETF 3.8 68 7 3.7 +14.0
SIXA ETC 6 Meridian Mega Cap Equity ETF 3.8 80 -5 5.6 +15.9
TOK iShares MSCI Kokusai ETF 3.8 26 49 5.2 +15.4
KOKU Xtrackers MSCI Kokusai Equity ETF 3.7 9 66 5.3 +15.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 3.6 9 66 5.5 +15.8
FCPI Fidelity Stocks for Inflation ETF 3.6 15 60 8.7 +19.0
QLC FlexShares US Quality Large Cap Index Fund 3.6 25 50 5.5 +15.7
GSPY Gotham Enhanced 500 ETF 3.6 50 25 5.2 +15.5
CGGO Capital Group Global Growth Equity ETF 3.6 47 28 4.0 +14.3
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 3.6 79 -4 6.2 +16.5
SFY SoFi Select 500 ETF 3.6 0 75 5.0 +15.3
URTH iShares MSCI World ETF 3.5 24 51 5.3 +15.5
FCTR First Trust Lunt U.S. Factor Rotation ETF 3.5 65 10 4.2 +14.5
JMOM JPMorgan U.S. Momentum Factor ETF 3.5 12 63 4.7 +14.9
KOCG FIS Knights of Columbus Global Belief ETF 3.5 75 0 5.1 +15.3
TRFM AAM Transformers ETF 3.5 49 26 1.4 +11.7
GVIP Goldman Sachs Hedge Industry VIP ETF 3.4 45 30 4.6 +14.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.4 12 63 4.9 +15.2
SAMT Strategas Macro Thematic Opportunities ETF 3.4 65 10 4.0 +14.3
QDEF FlexShares Quality Dividend Defensive Index Fund 3.4 37 38 4.8 +15.0
QDF FlexShares Quality Dividend Index Fund 3.4 37 38 4.9 +15.2
DIP BTD Capital Fund 3.3 129 -54 6.7 +17.0
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 3.3 25 50 5.5 +15.8
SPMV Invesco S&P 500 Minimum Variance ETF 3.3 10 65 5.5 +15.8
QTUM Defiance Quantum ETF 3.2 40 35 3.9 +14.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 3.2 20 55 5.4 +15.7
FIXT Procure Disaster Recovery Strategy ETF 3.2 75 0 4.0 +14.3
FLQL Franklin LibertyQ U.S. Equity ETF 3.2 15 60 5.7 +16.0
ACWI iShares MSCI ACWI ETF 3.2 32 43 5.4 +15.6
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.2 65 10 7.9 +18.2
NXTG First Trust Indxx NextG ETF 3.1 70 5 5.8 +16.0
LRND IQ U.S. Large Cap R&D Leaders ETF 3.1 14 61 6.0 +16.2
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 3.0 58 17 4.6 +14.9
WTAI WisdomTree Artificial Intelligence and Innovation Fund 3.0 45 30 1.2 +11.5
JQUA JPMorgan U.S. Quality Factor ETF 3.0 12 63 5.4 +15.7
DGRW WisdomTree US Quality Dividend Growth Fund 3.0 28 47 6.0 +16.2
XITK SPDR FactSet Innovative Technology ETF 2.9 45 30 2.4 +12.7
RSPT Invesco S&P 500 Equal Weight Technology ETF 2.9 40 35 5.3 +15.5
VT Vanguard Total World Stock ETF 2.9 7 68 5.0 +15.3
XSW SPDR S&P Software & Services ETF 2.7 35 40 2.8 +13.1
DFAC Dimensional U.S. Core Equity 2 ETF 2.7 17 58 5.5 +15.8
QLV FlexShares US Quality Low Volatility Index Fund 2.7 22 53 4.9 +15.2
FXL First Trust Technology AlphaDEX Fund 2.7 61 14 3.7 +14.0
FDWM Fidelity Women's Leadership ETF 2.7 59 16 4.7 +15.0
HAIL SPDR S&P Kensho Smart Mobility ETF 2.6 45 30 -4.2 +6.1
VFMO Vanguard U.S. Momentum Factor ETF 2.6 13 62 2.7 +13.0
QUS SPDR MSCI USA StrategicFactors ETF 2.6 15 60 5.9 +16.1
QWLD SPDR MSCI World StrategicFactors ETF 2.5 30 45 5.9 +16.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 2.5 29 46 6.1 +16.3
AFLG First Trust Active Factor Large Cap ETF 2.5 55 20 6.1 +16.4
FTGS First Trust Growth Strength ETF 2.5 60 15 6.2 +16.5
INNO Harbor Disruptive Innovation ETF 2.5 75 0 -3.6 +6.6
GLOF iShares Global Equity Factor ETF 2.4 20 55 7.1 +17.4
GURU Global X Guru Index ETF 2.4 75 0 3.7 +14.0
CGGR Capital Group Growth ETF 2.4 39 36 3.3 +13.6
GAMR Wedbush ETFMG Video Game Tech ETF Wedbush ETFMG Video Game T 2.4 75 0 4.5 +14.8
AVUS Avantis U.S. Equity ETF 2.3 15 60 6.0 +16.2
JHML John Hancock Multifactor Large Cap ETF 2.3 29 46 5.5 +15.8
EPS WisdomTree U.S. LargeCap Fund 2.3 8 67 6.2 +16.4
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 2.2 49 26 5.1 +15.4
DLN WisdomTree U.S. LargeCap Dividend Fund 2.2 28 47 6.2 +16.4
CGRO CoreValues Alpha Greater China Growth ETF 2.2 75 0 2.7 +12.9
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 2.2 65 10 1.9 +12.2
ROBO ROBO Global Robotics & Automation Index ETF 2.2 95 -20 2.7 +13.0
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 2.1 58 17 4.3 +14.6
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 2.1 35 40 4.6 +14.8
EQWL Invesco S&P 100 Equal Weight ETF 2.1 25 50 6.5 +16.8
PEXL Pacer US Export Leaders ETF 2.1 60 15 5.3 +15.5
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 2.0 47 28 0.6 +10.9
ARKW ARK Next Generation Internet ETF 2.0 87 -12 -3.2 +7.1
DTD WisdomTree U.S. Total Dividend Fund 2.0 28 47 6.5 +16.7
HAPY Harbor Human Capital Factor Unconstrained ETF 2.0 50 25 3.3 +13.5
DGT SPDR Global Dow ETF 2.0 50 25 6.6 +16.9
DBLV AdvisorShares DoubleLine Value Equity ETF 2.0 90 -15 8.0 +18.2
SPHB Invesco S&P 500 High Beta ETF 1.9 25 50 4.7 +14.9
WRND IQ Global Equity R&D Leaders ETF 1.9 18 57 6.9 +17.2
KRUZ Unusual Whales Subversive Republican Trading ETF 1.8 75 0 4.7 +15.0
TEMP JPMorgan Climate Change Solutions ETF 1.7 49 26 4.9 +15.2
AESR Anfield U.S. Equity Sector Rotation ETF 1.7 108 -33 4.1 +14.3
FTC First Trust Large Cap Growth AlphaDEX Fund 1.6 59 16 2.6 +12.9
ETHO Etho Climate Leadership U.S. ETF 1.6 47 28 3.9 +14.2
JOET Virtus Terranova US Quality Momentum ETF 1.5 29 46 4.9 +15.2
FINX Global X FinTech ETF 1.5 68 7 3.0 +13.2
ROE Astoria US Quality Kings ETF 1.5 49 26 7.8 +18.1
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.5 60 15 0.9 +11.2
XT iShares Exponential Technologies ETF 1.4 46 29 3.7 +14.0
CHGX AXS Change Finance ESG ETF 1.3 49 26 4.9 +15.1
RNLC First Trust Large Cap US Equity Select ETF 1.3 60 15 6.0 +16.3
DUHP Dimensional US High Profitability ETF 1.3 21 54 6.8 +17.1
CGUS Capital Group Core Equity ETF 1.3 33 42 4.6 +14.9
ARKF ARK Fintech Innovation ETF 1.2 75 0 -2.4 +7.9
IUS Invesco RAFI Strategic US ETF 1.2 19 56 7.1 +17.4
QGRO American Century U.S. Quality Growth ETF 1.2 29 46 4.9 +15.2
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.2 64 11 2.0 +12.2
FYC First Trust Small Cap Growth AlphaDEX Fund 1.1 71 4 0.8 +11.1
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 1.1 60 15 5.0 +15.3
JAVA JPMorgan Active Value ETF 1.1 44 31 6.6 +16.8
BCDF Horizon Kinetics Blockchain Development ETF 1.0 85 -10 -0.7 +9.6
ARKG ARK Genomic Revolution ETF 1.0 75 0 -7.8 +2.5
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 1.0 25 50 5.9 +16.2
PDP Invesco Dorsey Wright Momentum ETF 1.0 62 13 3.5 +13.7
VLU SPDR S&P 1500 Value Tilt ETF 0.9 12 63 7.1 +17.4
FEX First Trust Large Cap Core AlphaDEX Fund 0.9 59 16 5.5 +15.8
JIG JPMorgan International Growth ETF 0.9 55 20 4.1 +14.4
AVEM Avantis Emerging Markets Equity ETF 0.9 33 42 8.7 +19.0
EMM Global X Emerging Markets ETF 0.9 75 0 3.9 +14.1
OSEA Harbor International Compounders ETF 0.9 55 20 3.6 +13.8
CWI SPDR MSCI ACWI ex-US ETF 0.9 30 45 6.7 +16.9
ROUS Hartford Multifactor US Equity ETF 0.9 19 56 6.3 +16.5
BOUT Innovator IBD Breakout Opportunities ETF 0.9 81 -6 4.1 +14.4
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.9 20 55 6.3 +16.5
IWC iShares Micro-Cap ETF 0.9 60 15 -4.1 +6.2
VFQY Vanguard U.S. Quality Factor ETF 0.9 13 62 6.9 +17.2
HLGE Hartford Longevity Economy ETF 0.8 44 31 6.4 +16.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.7 30 45 7.7 +18.0
ULVM VictoryShares US Value Momentum ETF 0.6 20 55 7.4 +17.7
RYJ Invesco Raymond James SB-1 Equity ETF 0.6 75 0 2.9 +13.2
PRF Invesco FTSE RAFI US 1000 ETF 0.6 39 36 6.5 +16.8
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.6 18 57 7.6 +17.9
IWO iShares Russell 2000 Growth ETF 0.6 24 51 1.4 +11.7
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.6 9 66 3.9 +14.1
RWL Invesco S&P 500 Revenue ETF 0.6 39 36 6.5 +16.8
RSP Invesco S&P 500 Equal Weight ETF 0.6 20 55 6.1 +16.4
GMF SPDR S&P Emerging Asia Pacific ETF 0.6 49 26 6.4 +16.7
APIE ActivePassive International Equity ETF 0.5 45 30 7.8 +18.1
DIVZ TrueShares Low Volatility Equity Income ETF 0.5 65 10 9.5 +19.8
VEU Vanguard FTSE All-World ex-US Index Fund 0.5 8 67 5.1 +15.4
ROAM Hartford Multifactor Emerging Markets ETF 0.5 44 31 11.4 +21.7
DSTX Distillate International Fundamental Stability & Value ETF 0.5 55 20 7.4 +17.7
ADIV SmartETFs Asia Pacific Dividend Builder ETF 0.5 78 -3 8.7 +18.9
FVD First Trust Value Line Dividend Index Fund 0.5 65 10 5.9 +16.1
SXUS Janus Henderson International Sustainable Equity ETF 0.5 60 15 4.4 +14.7
FRDM Freedom 100 Emerging Markets ETF 0.5 49 26 -749.3 -739.0
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.5 95 -20 10.6 +20.8
VWO Vanguard FTSE Emerging Markets ETF 0.5 8 67 -0.0 +10.3
NTZG Nuveen Global Net Zero Transition ETF 0.5 56 19 4.9 +15.2
TMFG Motley Fool Global Opportunities ETF 0.5 85 -10 3.3 +13.6
BKCI BNY Mellon Concentrated International ETF 0.5 80 -5 5.0 +15.3
EMC Global X Emerging Markets Great Consumer ETF 0.5 75 0 4.9 +15.2
MEM Matthews Emerging Markets Equity Active ETF 0.5 79 -4 5.3 +15.6
UMMA Wahed Dow Jones Islamic World ETF 0.5 65 10 4.2 +14.5
DIVS SmartETFs Dividend Builder ETF 0.5 65 10 4.5 +14.8
RSHO Tema American Reshoring ETF 0.5 75 0 3.3 +13.6
GDVD R3 Global Dividend Growth ETF 0.5 88 -13 5.7 +16.0
ISCG iShares Morningstar Small-Cap Growth ETF 0.5 6 69 2.4 +12.6
DFUV Dimensional US Marketwide Value ETF 0.5 22 53 7.6 +17.9
DFLV Dimensional US Large Cap Value ETF 0.5 22 53 8.0 +18.2
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.5 9 66 4.8 +15.1
VOOV Vanguard S&P 500 Value ETF 0.5 10 65 5.5 +15.8
ILCV iShares Morningstar Value ETF 0.5 4 71 6.6 +16.9
MOHR Collaborative Investment Series Trust - Mohr Growth ETF 0.5 106 -31 2.8 +13.1
IWD iShares Russell 1000 Value ETF 0.5 19 56 6.6 +16.8
OCEN IQ Clean Oceans ETF 0.5 45 30 5.2 +15.5
IWX iShares Russell Top 200 Value ETF 0.5 20 55 6.5 +16.8
CLNR IQ Cleaner Transport ETF 0.5 45 30 8.2 +18.4
HLAL Wahed FTSE USA Shariah ETF 0.5 50 25 4.8 +15.0
VSLU Applied Finance Valuation Large Cap ETF 0.5 49 26 5.8 +16.1
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.5 32 43 4.9 +15.2
LOUP Innovator Deepwater Frontier Tech ETF 0.5 70 5 1.9 +12.2
WCEO Hypatia Women CEO ETF 0.5 85 -10 5.7 +15.9
ESGG FlexShares STOXX Global ESG Select Index Fund 0.5 42 33 4.9 +15.2
VONV Vanguard Russell 1000 Value ETF 0.5 8 67 6.7 +17.0
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.5 19 56 6.4 +16.6
VTWG Vanguard Russell 2000 Growth ETF 0.5 15 60 1.7 +11.9
FNDX Schwab Fundamental US Large Co. Index ETF 0.5 25 50 6.9 +17.1
BKSE BNY Mellon US Small Cap Core Equity ETF 0.5 4 71 5.5 +15.8
FNDB Schwab Fundamental US Broad Market Index ETF 0.5 25 50 6.8 +17.1
IWM iShares Russell 2000 ETF 0.5 19 56 3.6 +13.9
EUSA iShares MSCI USA Equal Weighted ETF 0.4 9 66 5.9 +16.2
FYX First Trust Small Cap Core AlphaDEX Fund 0.4 61 14 7.0 +17.2
STXK Strive Small-Cap ETF 0.4 18 57 5.1 +15.4
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.4 9 66 5.8 +16.0
SPAM Themes Cybersecurity ETF 0.4 35 40 2.0 +12.2
SIZE iShares MSCI USA Size Factor ETF 0.4 15 60 5.9 +16.2
BFOR ALPS Barron's 400 ETF 0.4 65 10 7.3 +17.5
SSPY Syntax Stratified LargeCap ETF 0.4 30 45 6.4 +16.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.4 3 72 6.8 +17.0
VTWO Vanguard Russell 2000 ETF 0.4 10 65 3.8 +14.1
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.4 39 36 8.7 +19.0
VFMF Vanguard U.S. Multifactor ETF 0.4 18 57 8.6 +18.9
IGV iShares Expanded Tech-Software Sector ETF 0.4 41 34 3.0 +13.3
RAFE PIMCO RAFI ESG U.S. ETF 0.3 29 46 6.9 +17.2
VBK Vanguard Small-Cap Growth ETF 0.3 7 68 1.4 +11.7
IWN iShares Russell 2000 Value ETF 0.3 24 51 5.7 +16.0
ISCB iShares Morningstar Small-Cap ETF 0.3 4 71 5.2 +15.5
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.3 52 23 5.4 +15.6
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.3 95 -20 1.6 +11.8
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.3 58 17 5.3 +15.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.3 41 34 7.8 +18.1
SCHA Schwab U.S. Small-Cap ETF 0.2 4 71 4.8 +15.0
DFAE Dimensional Emerging Core Equity Market ETF 0.2 35 40 7.6 +17.8
VTWV Vanguard Russell 2000 Value ETF 0.2 15 60 5.8 +16.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 36 4.1 +14.3
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.2 47 28 9.6 +19.8
DFAS Dimensional U.S. Small Cap ETF 0.2 26 49 5.9 +16.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 55 6.0 +16.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.2 38 37 8.0 +18.3
JEPI JPMorgan Equity Premium Income ETF 0.2 35 40 5.2 +15.5
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.2 17 58 5.4 +15.7
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 55 6.6 +16.8
VXF Vanguard Extended Market ETF 0.1 6 69 3.8 +14.1
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 55 7.0 +17.3
AFSM First Trust Active Factor Small Cap ETF 0.1 75 0 7.7 +18.0
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 47 8.2 +18.4
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.1 40 35 5.8 +16.1
CFA VictoryShares US 500 Volatility Wtd ETF 0.1 35 40 5.9 +16.1
VB Vanguard Small-Cap ETF 0.1 5 70 5.3 +15.6
DFEV Dimensional Emerging Markets Value ETF 0.1 43 32 10.7 +21.0
YPS Arrow Reverse Cap 500 ETF 0.1 29 46 6.5 +16.7
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 50 5.2 +15.4
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 58 6.9 +17.2
GWX SPDR S&P International Small Cap ETF 0.1 40 35 5.3 +15.6
TXS Texas Capital Texas Equity Index ETF 0.0 49 26 5.6 +15.9
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 10 7.5 +17.8
TGRW T. Rowe Price Growth Stock ETF 0.0 52 23 4.0 +14.2
GXC SPDR S&P China ETF 0.0 59 16 9.1 +19.4
TCHP T. Rowe Price Blue Chip Growth ETF 0.0 57 18 3.3 +13.6
AVDE Avantis International Equity ETF 0.0 23 52 7.9 +18.1
VSGX Vanguard ESG International Stock ETF 0.0 12 63 4.3 +14.6
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 68 1.6 +11.9

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 -19.6 %
Divided by: Fwd. P/BV 2.1 x
Less: Expense ratio 75 bp
Equals: ALTAR Score -10.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.32 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.