Valkyrie Bitcoin Miners ETF
ALTAR
Score™
-34.8% info Recommen-
dation
AVOID
2022E    2023E
P/E
ratio
5.9x P/Sales
ratio
0.4x
P/BV
ratio
1.4x Div.
yield
0.8%


  • 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) $3
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 23
Wgt avg mkt cap (mns) $95,323
Large cap (>$10bn) 24.2%
Mid cap ($2-10bn) 0.0%
Small cap (<$2bn) 56.1%
Developed mkts 87.1%
Emerging mkts 12.9%

TOP TEN HOLDINGS
CLEANSPARK, INC. 11.9 %
ARGO BLOCKCHAIN PLC ADR 9.3 %
BITFARMS LTD. 8.4 %
SAMSUNG ELECTR-GDR REGS 8.0 %
TAIWAN SEMICONDUCTOR-SP ADR 6.6 %
AEROHIVE NETWORKS INC 6.4 %
ADVANCED MICRO DEVICES 6.1 %
NVIDIA CORP 6.1 %
CIPHER MINING INC 5.0 %
STRONGHOLD DIGITAL MINING, INC. CL 4.8 %
Total 72.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 53.9 %
CANADA 18.9 %
BRITAIN 13.3 %
AUSTRALIA 8.4 %
SOUTH KOREA 3.0 %
TAIWAN 2.0 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-66.2% -- -- -- -66.2%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $8.87
30d moving avg. $11.87
Annualized volatility 0.0%
Short interest (ETF) 3.1%
Relative strength (RSI) 37

Liquidity measures
Avg. volume (thou.) 14
Turnover 4.3%
Bid/Ask (% of price) 0.68%
ADV underlying (mns) $15,584

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 425 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™: -34.8%


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
(%)
RIGZ Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF 66.2 90 -15 -53.4 -18.6
DAM VanEck Digital Assets Mining ETF 29.6 50 25 -64.0 -29.3
SATO Invesco Alerian Galaxy Crypto Economy ETF 27.8 60 15 -23.5 +11.2
BKCH Global X Blockchain ETF 23.4 50 25 -44.0 -9.2
IBLC iShares Blockchain and Tech ETF 23.2 47 28 1.0 +35.8
CRPT First Trust SkyBridge Crypto Industry and Digital Economy ET 22.5 85 -10 0.8 +35.6
DAPP VanEck Digital Transformation ETF 20.5 50 25 -42.1 -7.3
BITQ Bitwise Crypto Industry Innovators ETF 20.3 85 -10 -14.0 +20.7
NFTZ Defiance Digital Revolution ETF 20.2 45 30 -20.5 +14.2
GFOF Grayscale Future of Finance ETF 18.9 70 5 -2.1 +32.6
SMH VanEck Semiconductor ETF 17.3 35 40 8.4 +43.2
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 17.1 60 15 2.9 +37.7
SOXQ Invesco PHLX Semiconductor ETF 16.5 0 75 9.4 +44.1
SOXX iShares PHLX Semiconductor ETF 16.2 43 32 9.0 +43.8
FDIG Fidelity Crypto Industry and Digital Payments ETF 16.1 39 36 6.5 +41.3
CARZ First Trust NASDAQ Global Auto Index Fund 12.4 70 5 6.1 +40.9
CBTG Cabot Growth ETF 12.3 75 0 0.0 +34.8
LRNZ TrueMark Technology, AI & Deep Learning ETF 12.3 68 7 -2.1 +32.7
ESPO VanEck Video Gaming & eSports ETF 12.2 55 20 4.5 +39.3
METV Roundhill Ball Metaverse ETF 12.1 59 16 5.0 +39.7
BLOK Amplify Transformational Data Sharing ETF 12.1 71 4 5.5 +40.3
WUGI Esoterica NextG Economy ETF 10.9 75 0 2.6 +37.4
PSI Invesco Dynamic Semiconductors ETF 10.2 56 19 7.7 +42.4
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 10.1 68 7 4.7 +39.4
IQM Franklin Intelligent Machines ETF 9.9 50 25 4.0 +38.8
ARVR First Trust Indxx Metaverse ETF 9.1 70 5 6.6 +41.3
TINY ProShares Nanotechnology ETF 8.8 58 17 1.9 +36.6
LIV Emles (a)Home ETF 8.8 49 26 5.9 +40.7
XNTK SPDR NYSE Technology ETF 8.6 35 40 6.0 +40.8
BNGE First Trust S-Network Streaming and Gaming ETF 8.5 70 5 0.8 +35.5
RUFF Alpha Dog ETF 8.0 90 -15 5.4 +40.2
SPQQ Siren Large Cap Blend Index ETF 7.4 20 55 0.0 +34.8
XPND First Trust Expanded Technology ETF 7.2 65 10 6.3 +41.1
VR Global X Metaverse ETF 7.2 50 25 5.5 +40.2
SFYF SoFi 50 ETF 6.9 29 46 -2.8 +32.0
ADRE Invesco BLDRS Emerging Markets 50 ADR Index Fund 6.6 30 45 7.6 +42.4
UMMA Wahed Dow Jones Islamic World ETF 6.6 65 10 5.5 +40.2
PZLG Puzzle Mature Growth 6.5 10 65 4.9 +39.7
FRDM Freedom 100 Emerging Markets ETF 6.5 49 26 10.2 +44.9
CGGO Capital Group Global Growth Equity ETF 6.2 47 28 4.7 +39.4
FBCG Fidelity Blue Chip Growth ETF 6.2 59 16 2.9 +37.6
GGRW Gabelli Growth Innovators ETF 6.1 90 -15 3.6 +38.3
BOTZ Global X Robotics & Artificial Intelligence ETF 6.1 68 7 3.3 +38.1
SPRX Spear Alpha ETF 6.1 75 0 1.8 +36.6
AVDG AVDR US LargeCap ESG ETF 6.1 60 15 6.1 +40.9
AIEQ AI Powered Equity ETF 6.0 80 -5 6.5 +41.2
MOTO SmartETFs Smart Transportation & Technology ETF 5.9 68 7 7.7 +42.5
MVPS Amplify Thematic All-Stars ETF 5.9 49 26 2.3 +37.1
TMFE Motley Fool Capital Efficiency 100 Index ETF 5.9 50 25 6.2 +40.9
QQMG Invesco ESG NASDAQ 100 ETF 5.8 20 55 6.3 +41.1
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 5.8 12 63 6.8 +41.6
IYW iShares U.S. Technology ETF 5.7 43 32 6.2 +40.9
BUZZ VanEck Social Sentiment ETF 5.7 75 0 -1.8 +33.0
TIME Clockwise Capital Innovation ETF 5.6 95 -20 3.4 +38.1
ODDS Pacer BlueStar Digital Entertainment ETF 5.6 60 15 4.9 +39.7
FTEC Fidelity MSCI Information Technology Index ETF 5.6 8 67 6.2 +40.9
VGT Vanguard Information Technology Index Fund 5.6 10 65 6.2 +40.9
IGM iShares Expanded Tech Sector ETF 5.6 43 32 5.9 +40.6
JHMT John Hancock Multifactor Technology ETF 5.5 40 35 7.0 +41.7
PUNK Subversive Metaverse ETF 5.5 75 0 2.6 +37.4
GMF SPDR S&P Emerging Asia Pacific ETF 5.5 49 26 7.6 +42.4
FIVG Defiance Next Gen Connectivity ETF 5.4 30 45 7.0 +41.8
IXN iShares Global Tech ETF 5.2 43 32 5.9 +40.7
VEGN US Vegan Climate ETF 5.1 60 15 6.1 +40.8
IETC iShares Evolved U.S. Technology ETF 5.1 18 57 5.7 +40.5
AVEM Avantis Emerging Markets Equity ETF 5.1 33 42 10.6 +45.4
XLK Technology Select Sector SPDR Fund 5.0 10 65 6.5 +41.2
JIG JPMorgan International Growth ETF 4.9 55 20 4.4 +39.2
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 4.9 57 18 6.1 +40.9
PWB Invesco Dynamic Large Cap Growth ETF 4.8 56 19 5.0 +39.8
QTUM Defiance Quantum ETF 4.8 40 35 7.1 +41.8
VIRS Pacer BioThreat Strategy ETF 4.7 70 5 7.6 +42.3
QYLD Global X NASDAQ 100 Covered Call ETF 4.7 60 15 5.3 +40.0
LOUP Innovator Loup Frontier Tech ETF 4.7 70 5 7.3 +42.1
TECB iShares US Tech Breakthrough Multisector ETF 4.7 40 35 6.0 +40.7
XSD SPDR S&P Semiconductor ETF 4.7 35 40 6.4 +41.1
QRMI Global X NASDAQ 100 Risk Managed Income ETF 4.6 60 15 5.3 +40.0
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 4.6 60 15 5.4 +40.2
NUSI Nationwide Risk-Managed Income ETF 4.6 68 7 6.0 +40.7
IVSG Invesco Select Growth ETF 4.5 48 27 5.3 +40.1
SXUS Janus Henderson International Sustainable Equity ETF 4.5 60 15 4.4 +39.2
QQQ Invesco QQQ Trust 4.5 20 55 6.0 +40.8
QQQM Invesco NASDAQ 100 ETF 4.5 15 60 6.2 +40.9
QTR Global X NASDAQ 100 Tail Risk ETF 4.5 60 15 5.2 +40.0
QCLR Global X NASDAQ 100 Collar 95-110 ETF 4.5 60 15 5.0 +39.8
GK AdvisorShares Gerber Kawasaki ETF 4.5 81 -6 4.9 +39.6
VICE AdvisorShares Vice ETF 4.4 99 -24 5.6 +40.3
WTAI WisdomTree Artificial Intelligence and Innovation Fund 4.3 45 30 2.3 +37.1
FTQI First Trust Nasdaq BuyWrite Income ETF 4.1 85 -10 4.1 +38.9
QQQA ProShares Nasdaq-100 Dorsey Wright Momentum ETF 4.1 58 17 4.1 +38.9
SPMO Invesco S&P 500 Momentum ETF 4.0 13 62 6.3 +41.1
FMET Fidelity Metaverse ETF 4.0 39 36 5.7 +40.4
TDIV First Trust NASDAQ Technology Dividend Index Fund 4.0 50 25 8.2 +43.0
RPG Invesco S&P 500 Pure Growth ETF 3.9 35 40 7.5 +42.3
MBCC Monarch Blue Chips Core ETF 3.9 125 -50 4.1 +38.8
SSPX Janus Henderson U.S. Sustainable Equity ETF 3.8 55 20 4.8 +39.5
ECOZ TrueMark ESG Active Opportunities ETF 3.8 58 17 5.3 +40.1
FDRV Fidelity Electric Vehicles and Future Transportation ETF 3.8 39 36 -1.1 +33.6
MGK Vanguard Mega Cap Growth ETF 3.8 7 68 5.5 +40.3
IWY iShares Russell Top 200 Growth ETF 3.7 20 55 6.2 +41.0
NULG Nuveen ESG Large-Cap Growth ETF 3.7 25 50 5.2 +40.0
QUAL iShares MSCI Usa Quality Factor ETF 3.7 15 60 6.7 +41.5
ANEW ProShares MSCI Transformational Changes ETF 3.7 45 30 4.3 +39.1
USXF iShares ESG Advanced MSCI USA ETF 3.7 10 65 6.3 +41.1
SCHG Schwab U.S. Large-Cap Growth ETF 3.7 4 71 5.0 +39.7
DEMZ Advisors Inner Circle Fund III DEMZ Political Contributions 3.6 45 30 6.3 +41.0
ILCG iShares Morningstar Growth ETF 3.6 4 71 4.9 +39.6
IVW iShares S&P 500 Growth ETF 3.6 18 57 6.0 +40.8
SPYG SPDR Portfolio S&P 500 Growth ETF 3.6 4 71 6.1 +40.9
NXTG First Trust Indxx NextG ETF 3.5 70 5 6.9 +41.6
ENTR Entrepreneur 30 Fund 3.5 49 26 5.8 +40.6
VOOG Vanguard S&P 500 Growth ETF 3.5 10 65 6.1 +40.8
TMFG Motley Fool Global Opportunities ETF 3.5 85 -10 4.5 +39.3
LRGE ClearBridge Large Cap Growth ESG ETF 3.4 59 16 4.5 +39.3
IUSG iShares Core S&P US Growth ETF 3.4 4 71 6.2 +40.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 3.3 65 10 11.2 +45.9
UBCB UBC Algorithmic Fundamentals ETF 3.3 75 0 5.0 +39.8
INNO Harbor Disruptive Innovation ETF 3.3 75 0 -3.7 +31.1
BKCI BNY Mellon Concentrated International ETF 3.3 80 -5 4.9 +39.7
TMFC Motley Fool 100 Index ETF 3.2 50 25 5.0 +39.8
VUG Vanguard Growth Index Fund 3.2 4 71 5.3 +40.0
VONG Vanguard Russell 1000 Growth Index Fund 3.1 8 67 6.0 +40.8
IWF iShares Russell 1000 Growth ETF 3.1 19 56 5.9 +40.7
DSI iShares MSCI KLD 400 Social ETF 3.1 25 50 6.4 +41.2
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 3.1 50 25 3.5 +38.2
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 3.1 49 26 5.7 +40.5
IDRV iShares Self-driving EV & Tech ETF 3.1 47 28 7.9 +42.6
STLG iShares Factors US Growth Style ETF 3.0 25 50 8.7 +43.4
VPN Global X Data Center REITs & Digital Infrastructure ETF 3.0 50 25 5.0 +39.8
THNQ ROBO Global Artificial Intelligence ETF 3.0 68 7 3.5 +38.3
FTXL First Trust Nasdaq Semiconductor ETF 3.0 60 15 8.8 +43.6
GBUY Goldman Sachs Future Consumer Equity ETF 3.0 75 0 3.1 +37.9
CWI SPDR MSCI ACWI ex-US ETF 3.0 30 45 7.8 +42.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 3.0 12 63 6.0 +40.8
ZGEN Generation Z ETF 3.0 60 15 -5.9 +28.9
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 2.9 21 54 4.3 +39.1
FDMO Fidelity Momentum Factor ETF 2.9 29 46 4.9 +39.6
ITAN Sparkline Intangible Value ETF 2.9 50 25 7.7 +42.5
SPHB Invesco S&P 500 High Beta ETF 2.9 25 50 4.7 +39.4
OALC OneAscent Large Cap Core ETF 2.8 76 -1 6.6 +41.4
AIQ Global X Future Analytics Tech ETF 2.8 68 7 5.5 +40.2
MMLG First Trust Multi-Manager Large Growth ETF 2.8 85 -10 2.9 +37.6
JSTC Adasina Social Justice All Cap Global ETF 2.8 89 -14 6.9 +41.6
XITK SPDR FactSet Innovative Technology ETF 2.7 45 30 -3.6 +31.2
DSTX Distillate International Fundamental Stability & Value ETF 2.7 55 20 9.3 +44.1
QGRO American Century STOXX U.S. Quality Growth ETF 2.7 29 46 8.5 +43.2
ACVF American Conservative Values ETF 2.7 75 0 5.6 +40.4
KOCG FIS Knights of Columbus Global Belief ETF 2.6 75 0 7.8 +42.5
VDNI V-Shares US Leadership Diversity ETF 2.6 29 46 6.7 +41.5
XOUT GraniteShares XOUT U.S. Large Cap ETF 2.6 60 15 5.8 +40.6
SLT Pacer Salt High truBeta US Market ETF 2.5 60 15 0.0 +34.8
FSST Fidelity Sustainability U.S. Equity ETF 2.5 59 16 6.3 +41.1
DRIV Global X Autonomous & Electric Vehicles ETF 2.5 68 7 5.0 +39.7
CCOR Core Alternative ETF 2.5 109 -34 5.0 +39.8
FDG American Century Focused Dynamic Growth ETF 2.5 45 30 3.3 +38.1
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 2.5 49 26 6.9 +41.7
CLNR IQ Cleaner Transport ETF 2.4 45 30 7.6 +42.3
NULC Nuveen ESG Large-Cap ETF 2.4 20 55 6.6 +41.3
OCEN IQ Clean Oceans ETF 2.4 45 30 7.1 +41.9
JMOM JPMorgan U.S. Momentum Factor ETF 2.4 12 63 6.4 +41.2
SUSL iShares ESG MSCI USA Leaders ETF 2.4 10 65 6.4 +41.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 2.4 10 65 6.4 +41.2
XLG Invesco S&P 500 Top 50 ETF 2.4 20 55 5.8 +40.6
CACG ClearBridge All Cap Growth ETF 2.4 53 22 4.6 +39.3
EKAR Innovation Shares NextGen Vehicles & Technology ETF 2.4 65 10 6.0 +40.7
ADIV SmartETFs Asia Pacific Dividend Builder ETF 2.4 78 -3 10.4 +45.2
EFIV SPDR S&P 500 ESG ETF 2.4 10 65 6.6 +41.3
SNPE Xtrackers S&P 500 ESG ETF 2.3 10 65 6.6 +41.4
NERD Roundhill BITKRAFT Esports & Digital Entertainment ETF 2.3 25 50 -13.6 +21.1
FXL First Trust Technology AlphaDEX Fund 2.3 61 14 7.2 +42.0
FEVR Inspire Faithward Large Cap Momentum ESG ETF 2.3 85 -10 5.8 +40.6
NACP Impact Shares NAACP Minority Empowerment ETF 2.3 49 26 6.4 +41.2
FLQL Franklin LibertyQ U.S. Equity ETF 2.3 15 60 7.7 +42.5
RYT Invesco S&P 500 Equal Weight Technology ETF 2.2 40 35 7.1 +41.8
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 2.2 47 28 0.2 +35.0
FFND Future Fund Active ETF 2.2 101 -26 2.5 +37.2
IQSU IQ Candriam ESG US Equity ETF 2.2 9 66 6.4 +41.1
AUSF Global X Adaptive U.S. Factor ETF 2.2 27 48 6.3 +41.0
DIVS SmartETFs Dividend Builder ETF 2.2 65 10 6.2 +41.0
SFY SoFi Select 500 ETF 2.2 0 75 6.4 +41.1
EQOP Natixis U.S. Equity Opportunities ETF 2.2 90 -15 6.8 +41.5
WOMN Impact Shares YWCA Women's Empowerment ETF 2.2 75 0 6.5 +41.3
AVDR AVDR US LargeCap Leading ETF 2.1 60 15 6.6 +41.3
ESG FlexShares STOXX US ESG Impact Index Fund 2.1 32 43 6.4 +41.1
ADME Aptus Drawdown Managed Equity ETF 2.1 79 -4 5.3 +40.0
ALFA AlphaClone Alternative Alpha ETF 2.1 65 10 5.3 +40.1
IVLC Invesco US Large Cap Core ESG ETF 2.0 48 27 6.2 +41.0
IWL iShares Russell Top 200 ETF 2.0 15 60 6.3 +41.1
QUS SPDR MSCI USA StrategicFactors ETF 2.0 15 60 6.8 +41.6
BKLC BNY Mellon US Large Cap Core Equity ETF 2.0 0 75 6.4 +41.1
QVML Invesco S&P 500 QVM Multi-factor ETF 2.0 11 64 6.9 +41.6
RDVY First Trust Rising Dividend Achievers ETF 2.0 50 25 10.1 +44.8
SPXV ProShares S&P 500 Ex-Health Care ETF 2.0 27 48 6.2 +41.0
PABU iShares Paris-Aligned Climate MSCI USA ETF 2.0 10 65 5.9 +40.7
SPXN ProShares S&P 500 Ex-Financials ETF 2.0 27 48 6.1 +40.9
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 2.0 58 17 5.9 +40.7
FDWM Fidelity Women's Leadership ETF 2.0 59 16 6.5 +41.2
JQUA JPMorgan U.S. Quality Factor ETF 2.0 12 63 7.0 +41.8
PEXL Pacer US Export Leaders ETF 1.9 60 15 7.0 +41.8
MGC Vanguard Mega Cap Index Fund 1.9 7 68 6.3 +41.1
OEF iShares S&P 100 ETF 1.9 20 55 6.2 +41.0
JCTR JPMorgan Carbon Transition U.S. Equity ETF 1.9 15 60 6.5 +41.3
GAMR ETFMG Video Game Tech ETF 1.9 75 0 7.0 +41.8
XVV iShares ESG Screened S&P 500 ETF 1.9 8 67 6.5 +41.3
JUSA JPMorgan ActiveBuilders U.S. Large Cap Equity ETF 1.9 17 58 6.7 +41.4
AQGX AI Quality Growth ETF 1.9 97 -22 5.3 +40.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.9 9 66 6.6 +41.3
SUSA iShares MSCI USA ESG Select ETF 1.9 25 50 6.3 +41.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 1.9 70 5 4.5 +39.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 1.8 7 68 6.3 +41.1
VNSE Natixis Vaughan Nelson Select ETF 1.8 80 -5 4.0 +38.8
SPXE ProShares S&P 500 Ex-Energy ETF 1.8 27 48 6.4 +41.1
XYLD Global X S&P 500 Covered Call ETF 1.8 60 15 5.6 +40.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 1.8 20 55 6.4 +41.1
ESGU iShares MSCI USA ESG Optimized ETF 1.8 15 60 6.3 +41.1
XRMI Global X S&P 500 Risk Managed Income ETF 1.7 60 15 5.6 +40.4
ESGV Vanguard ESG U.S. Stock ETF 1.7 9 66 6.4 +41.2
XYLG Global X S&P 500 Covered Call & Growth ETF 1.7 60 15 5.8 +40.5
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 1.7 20 55 6.3 +41.1
CATH Global X S&P 500 Catholic Values Custom ETF 1.7 29 46 6.2 +41.0
SPY SPDR S&P 500 ETF Trust 1.7 9 66 6.4 +41.2
PBP Invesco S&P 500 BuyWrite ETF 1.7 49 26 5.7 +40.5
IVV iShares Core S&P 500 ETF 1.7 3 72 6.5 +41.3
FTHI First Trust High Income ETF 1.7 85 -10 4.3 +39.1
SPLG SPDR Portfolio S&P 500 ETF 1.7 3 72 6.5 +41.3
VOO VANGUARD S&P 500 ETF 1.7 3 72 6.5 +41.3
XTR Global X S&P 500 Tail Risk ETF 1.7 60 15 5.7 +40.5
XCLR Global X S&P 500 Collar 95-110 ETF 1.7 60 15 5.4 +40.2
NZUS SPDR MSCI USA Climate Paris Aligned ETF 1.7 10 65 6.0 +40.8
LRND IQ U.S. Large Cap R&D Leaders ETF 1.7 14 61 8.0 +42.8
VOTE Engine No. 1 Transform 500 ETF 1.7 5 70 6.3 +41.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 1.7 15 60 6.3 +41.0
XVOL Acruence Active Hedge U.S. Equity ETF 1.7 83 -8 5.7 +40.5
LCTU BlackRock U.S. Carbon Transition Readiness ETF 1.7 14 61 6.4 +41.2
PBUS Invesco PureBeta MSCI USA ETF 1.6 4 71 6.4 +41.2
LGBT LGBTQ + ESG100 ETF 1.6 75 0 0.0 +34.8
BBUS JP Morgan Betabuilders U.S. Equity ETF 1.6 2 73 6.4 +41.2
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.6 35 40 6.1 +40.9
VV Vanguard Large-Cap Index Fund 1.6 4 71 6.3 +41.1
FQAL Fidelity Quality Factor ETF 1.6 29 46 7.3 +42.1
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 1.6 15 60 6.3 +41.0
SCHX Schwab U.S. Large-Cap ETF 1.6 3 72 6.4 +41.1
ILCB iShares Morningstar U.S. Equity ETF 1.6 3 72 6.4 +41.1
CGGR Capital Group Growth ETF 1.6 39 36 5.1 +39.9
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.6 65 10 3.4 +38.1
SPTM SPDR Portfolio Total Stock Market ETF 1.6 3 72 6.6 +41.4
SCHK Schwab 1000 Index ETF 1.5 5 70 6.4 +41.1
IYY iShares Dow Jones U.S. ETF 1.5 20 55 6.2 +41.0
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 1.5 20 55 7.1 +41.8
ACIO Aptus Collared Income Opportunity ETF 1.5 79 -4 5.5 +40.3
DYNF BlackRock U.S. Equity Factor Rotation ETF 1.5 30 45 7.4 +42.2
IWB iShares Russell 1000 ETF 1.5 15 60 6.3 +41.1
DFUS Dimensional U.S. Equity ETF 1.5 11 64 6.5 +41.2
VONE Vanguard Russell 1000 ETF 1.5 8 67 6.4 +41.2
RFFC RiverFront Dynamic US Flex-Cap ETF 1.5 52 23 6.1 +40.8
SCHB Schwab U.S. Broad Market ETF 1.5 3 72 6.3 +41.1
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 1.5 15 60 8.1 +42.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 1.4 3 72 6.2 +40.9
SHFT iClima Distributed Renewable Energy Transition Leaders ETF 1.4 65 10 -1.7 +33.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 1.4 9 66 6.8 +41.6
UAV AdvisorShares Drone Technology ETF 1.4 99 -24 5.6 +40.4
VTHR Vanguard Russell 3000 Index Fund 1.4 10 65 6.1 +40.8
IWV iShares Russell 3000 ETF 1.4 20 55 6.1 +40.9
ESGG FlexShares STOXX Global ESG Impact Index Fund 1.4 42 33 6.5 +41.3
FDVV Fidelity Core Dividend ETF 1.4 29 46 7.9 +42.7
VTI Vanguard Total Stock Market Index Fund 1.4 3 72 5.9 +40.7
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.4 52 23 8.8 +43.5
GURU Global X Guru Index ETF 1.3 75 0 2.4 +37.1
QWLD SPDR MSCI World StrategicFactors ETF 1.3 30 45 6.7 +41.5
JOET Virtus Terranova US Quality Momentum ETF 1.3 29 46 6.9 +41.7
HELX Franklin Genomic Advancements ETF 1.3 50 25 4.3 +39.1
SIXA 6 Meridian Mega Cap Equity ETF 1.3 86 -11 8.0 +42.8
LRGF iShares Edge MSCI Multifactor USA ETF 1.3 20 55 9.0 +43.7
ARKW ARK Web x.0 ETF 1.3 83 -8 -15.1 +19.6
SIXH 6 Meridian Hedged Equity-Index Option Strategy ETF 1.2 87 -12 7.7 +42.4
TOK iShares MSCI Kokusai ETF 1.2 25 50 6.5 +41.3
KOKU Xtrackers MSCI Kokusai Equity ETF 1.2 9 66 6.6 +41.4
SPDW SPDR Portfolio Developed World ex-US ETF 1.2 4 71 7.6 +42.4
VWO Vanguard FTSE Emerging Markets ETF 1.2 10 65 8.5 +43.2
QLC FlexShares US Quality Large Cap Index Fund 1.1 32 43 7.2 +42.0
VEU Vanguard FTSE All-World ex-US Index Fund 1.1 8 67 8.1 +42.9
ROBO Robo Global Robotics & Automation Index ETF 1.1 95 -20 3.8 +38.6
JIDA JPMorgan ActiveBuilders International Equity ETF 1.1 25 50 8.1 +42.9
DFAU Dimensional US Core Equity Market ETF 1.1 12 63 6.7 +41.5
VT Vanguard Total World Stock ETF 1.1 8 67 6.8 +41.6
URTH iShares MSCI World ETF 1.1 24 51 6.5 +41.3
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 1.1 25 50 6.9 +41.7
FCPI Fidelity Stocks for Inflation ETF 1.1 29 46 10.1 +44.9
RSPE Invesco ESG S&P 500 Equal Weight ETF 1.1 20 55 8.0 +42.7
ARKF ARK Fintech Innovation ETF 1.0 75 0 0.0 +34.8
DGT SPDR Global Dow ETF 1.0 50 25 8.5 +43.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 1.0 19 56 7.3 +42.0
BOSS Global X Founder-Run Companies ETF 1.0 45 30 3.5 +38.3
FTC First Trust Large Cap Growth AlphaDEX Fund 1.0 60 15 5.8 +40.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.0 20 55 6.7 +41.5
FINX Global X FinTech Thematic ETF 1.0 68 7 6.5 +41.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.0 12 63 6.3 +41.0
ARKK ARK Innovation ETF 1.0 75 0 -6.8 +28.0
ACWI iShares MSCI ACWI ETF 1.0 32 43 6.7 +41.4
KRMA Global X Conscious Companies ETF 0.9 43 32 6.7 +41.5
HLAL Wahed FTSE USA Shariah ETF 0.9 50 25 5.9 +40.6
RYJ Invesco Raymond James SB-1 Equity ETF 0.9 75 0 3.4 +38.2
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 0.9 108 -33 7.2 +41.9
WRND IQ Global Equity R&D Leaders ETF 0.9 18 57 8.2 +42.9
EPS WisdomTree U.S. Earnings 500 Fund 0.9 8 67 8.0 +42.8
JHML John Hancock Multifactor Large Cap ETF 0.9 29 46 6.8 +41.5
KOMP SPDR Kensho New Economies Composite ETF 0.9 20 55 1.3 +36.1
TTAC TrimTabs US Free Cash Flow Quality ETF 0.8 59 16 7.3 +42.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 31 44 9.1 +43.8
HAIL SPDR S&P Kensho Smart Mobility ETF 0.8 45 30 3.5 +38.3
EQWL Invesco Russell Top 200 Equal Weight ETF 0.8 25 50 7.6 +42.3
AVUS Avantis U.S. Equity ETF 0.8 15 60 7.5 +42.3
SPMV Invesco S&P 500 Minimum Variance ETF 0.8 10 65 5.9 +40.7
CTRU ARK Transparency ETF 0.8 55 20 3.0 +37.8
UVDV UVA Dividend Value ETF 0.8 80 -5 7.3 +42.0
XT iShares Exponential Technologies ETF 0.8 46 29 4.5 +39.3
SQEW LeaderShares Equity Skew ETF 0.8 75 0 6.8 +41.6
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.7 75 0 7.4 +42.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.7 30 45 7.7 +42.5
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.7 95 -20 15.3 +50.1
XSW SPDR S&P Software & Services ETF 0.6 35 40 3.9 +38.7
QDF FlexShares Quality Dividend Index Fund 0.6 37 38 7.8 +42.6
QDEF FlexShares Quality Dividend Defensive Index Fund 0.6 37 38 7.3 +42.1
ETHO Etho Climate Leadership U.S. ETF 0.6 48 27 5.0 +39.8
RNLC Large Cap US Equity Select ETF 0.6 60 15 7.5 +42.3
QDYN FlexShares Quality Dividend Dynamic Index Fund 0.6 37 38 8.6 +43.4
ROUS Hartford Multifactor US Equity ETF 0.5 19 56 7.9 +42.6
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.5 63 12 5.1 +39.9
GSPY Gotham Enhanced 500 ETF 0.5 50 25 6.8 +41.5
ROAM Hartford Multifactor Emerging Markets ETF 0.5 44 31 12.3 +47.1
RECS Columbia Research Enhanced Core ETF 0.5 15 60 7.6 +42.4
FVD First Trust Value Line Dividend Index Fund 0.5 70 5 6.2 +41.0
FEX First Trust Large Cap Core AlphaDEX Fund 0.5 59 16 8.4 +43.2
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 19 56 7.3 +42.0
AFLG First Trust Active Factor Large Cap ETF 0.4 55 20 7.9 +42.6
BFOR Barron's 400 ETF 0.4 70 5 9.7 +44.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.4 39 36 9.7 +44.5
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.4 9 66 6.8 +41.5
RSP Invesco S&P 500 Equal Weight ETF 0.3 20 55 6.9 +41.6
VSLU Applied Finance Valuation Large Cap ETF 0.3 49 26 8.0 +42.7
TPLC Timothy Plan US Large Cap Core ETF 0.3 52 23 6.4 +41.2
EUSA iShares MSCI USA Equal Weighted ETF 0.3 9 66 6.6 +41.3
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.3 29 46 9.0 +43.7
VFVA Vanguard U.S. Value Factor ETF 0.3 14 61 13.0 +47.8
GENY Principal Millennials Index ETF 0.3 45 30 4.7 +39.5
RAFE PIMCO RAFI ESG U.S. ETF 0.3 30 45 8.8 +43.6
SIZE iShares MSCI USA Size Factor ETF 0.3 15 60 6.8 +41.6
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.3 18 57 8.2 +43.0
IUS Invesco Strategic US ETF 0.3 19 56 7.5 +42.3
ONEO SPDR Russell 1000 Momentum Focus ETF 0.3 20 55 8.8 +43.6
HLGE Hartford Longevity Economy ETF 0.3 44 31 8.8 +43.5
DFAE Dimensional Emerging Core Equity Market ETF 0.3 35 40 9.3 +44.1
RWL Invesco S&P 500 Revenue ETF 0.3 39 36 7.5 +42.2
DUHP Dimensional US High Profitability ETF 0.2 22 53 8.6 +43.4
SSPY Syntax Stratified LargeCap ETF 0.2 30 45 7.0 +41.7
PSET Principal Price Setters Index ETF 0.2 15 60 7.2 +42.0
VLU SPDR S&P 1500 Value Tilt ETF 0.2 12 63 8.6 +43.3
VFMO Vanguard U.S. Momentum Factor ETF 0.2 13 62 6.0 +40.8
MXDU Nationwide Maximum Diversification US Core Equity ETF 0.2 34 41 5.7 +40.4
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.2 17 58 8.2 +42.9
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 0.2 20 55 9.6 +44.3
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.2 25 50 7.9 +42.7
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.2 25 50 7.0 +41.7
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.2 25 50 7.8 +42.5
BLES Inspire Global Hope Large Cap ETF 0.2 52 23 6.4 +41.1
CFA VictoryShares US 500 Volatility Weighted Index ETF 0.2 35 40 7.0 +41.8
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 0.2 35 40 7.0 +41.7
HEET Hartford Schroders ESG US Equity ETF 0.2 39 36 7.2 +42.0
FYC First Trust Small Cap Growth AlphaDEX Fund 0.1 71 4 3.6 +38.4
SDGA Impact Shares Sustainable Development Goals Global ETF 0.1 75 0 7.2 +42.0
VFMF Vanguard U.S. Multifactor ETF 0.1 19 56 10.3 +45.1
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 36 7.9 +42.7
HKND Humankind US Stock ETF 0.1 11 64 7.8 +42.6
QLV FlexShares US Quality Low Volatility Index Fund 0.1 22 53 5.8 +40.6
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 55 6.9 +41.6
ISCG iShares Morningstar Small-Cap Growth ETF 0.1 6 69 1.6 +36.3
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.1 28 47 7.4 +42.1
DLN WisdomTree U.S. LargeCap Dividend Fund 0.1 28 47 7.2 +42.0
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.1 25 50 8.9 +43.6
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.1 52 23 5.9 +40.6
VBK Vanguard Small-Cap Growth Index Fund 0.1 7 68 2.6 +37.4
IGV iShares Expanded Tech-Software ETF 0.1 43 32 4.0 +38.7
IWN iShares Russell 2000 Value ETF 0.1 24 51 6.0 +40.8
VTWV Vanguard Russell 2000 Value Index Fund 0.1 15 60 2.8 +37.6
IWM iShares Russell 2000 ETF 0.1 19 56 3.8 +38.6
VTWO Vanguard Russell 2000 Index Fund 0.1 10 65 1.7 +36.4
IWC iShares Micro-Cap ETF 0.1 60 15 -13.7 +21.0
VSGX Vanguard ESG International Stock ETF 0.1 12 63 7.8 +42.6
PGJ Invesco Golden Dragon China ETF 0.1 69 6 1.7 +36.5
IWO iShares Russell 2000 Growth ETF 0.1 24 51 1.1 +35.8
VTWG Vanguard Russell 2000 Growth Index Fund 0.1 15 60 0.8 +35.5
ISCB iShares Morningstar Small-Cap ETF 0.0 4 71 5.5 +40.3
BKSE BNY Mellon US Small Cap Core Equity ETF 0.0 4 71 6.3 +41.1
DTD WisdomTree U.S.Total Dividend Fund 0.0 28 47 7.5 +42.3
VEA Vanguard FTSE Developed Markets ETF 0.0 5 70 7.9 +42.7
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.0 9 66 5.4 +40.2
SCHA Schwab U.S. Small-Cap ETF 0.0 4 71 5.9 +40.7
FYX First Trust Small Cap Core AlphaDEX Fund 0.0 63 12 9.4 +44.1
VXF Vanguard Extended Market Index Fund 0.0 6 69 2.7 +37.4
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.0 39 36 7.9 +42.6
PBSM Invesco PureBeta MSCI USA Small Cap ETF 0.0 6 69 6.1 +40.8
YPS Arrow Reverse Cap 500 ETF 0.0 29 46 6.8 +41.6
RYLD Global X Russell 2000 Covered Call ETF 0.0 60 15 1.1 +35.8
VB Vanguard Small-Cap ETF 0.0 5 70 6.6 +41.4
TPSC Timothy Plan US Small Cap Core ETF 0.0 52 23 8.8 +43.5
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.0 7 68 6.1 +40.8
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 0.0 35 40 8.9 +43.6
AVSC Avantis U.S Small Cap Equity ETF 0.0 25 50 5.6 +40.3
EZM WisdomTree U.S. MidCap Earnings Fund 0.0 38 37 11.0 +45.8
GWX SPDR S&P International Small Cap ETF 0.0 40 35 4.8 +39.6
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.0 20 55 7.4 +42.1
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 10 8.6 +43.3
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.0 4 71 6.7 +41.4
IMCB iShares Morningstar Mid-Cap ETF 0.0 4 71 6.6 +41.4
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 0.0 35 40 8.3 +43.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.0 39 36 4.7 +39.4
MCRX SNN MicroCap Research Index 0.0 0 75 -1.0 +33.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 36 8.6 +43.4
SPEM SPDR Portfolio Emerging Markets ETF 0.0 11 64 8.8 +43.5
IXUS ishares Core MSCI Total International Stock ETF 0.0 9 66 8.0 +42.8
IDEV iShares Core MSCI International Developed Markets ETF 0.0 5 70 7.7 +42.5
DFAT Dimensional U.S. Targeted Value ETF 0.0 34 41 9.3 +44.0
DFAS Dimensional U.S. Small Cap ETF 0.0 34 41 7.2 +42.0
IUSS Invesco Strategic US Small Company ETF 0.0 23 52 6.8 +41.5
DFUV Dimensional US Marketwide Value ETF 0.0 0 75 0.0 +34.8

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

  2017 2018 2019 2020 2021 2022E 2023E
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
  2021 2022E 2023E
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 -44.3 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 75 bp
Equals: ALTAR Score -34.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.09 CATEGORY
AVERAGE
1.45
 
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.