SPDR S&P Aerospace & Defense ETF
ALTAR
Score™		 2.0% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 34.0x P/Sales
ratio		 2.0x
P/BV
ratio		 5.0x Div.
yield		 1.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
SPDR S&P Aerospace & Defense ETF is an exchange-traded fund incorporated in the USA. The Fund's objective is to replicate as closely as possible the performance of the S&P Aerospace & Defense Select Industry Index.

FUND BASICS
Category US Equities
Fund Sponsor SSGA Funds Management Inc
Website www.spdrs.com
Inception date Sep 28, 2011
Assets (mns) $3,076
Currency USD
Expense ratio 35 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Equal
Index replication n/a
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 33
Wgt avg mkt cap (mns) $42,328
Large cap (>$10bn) 60.8%
Mid cap ($2-10bn) 35.4%
Small cap (<$2bn) 3.8%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
AEROVIRONMENT INC 4.8 %
HOWMET AEROSPACE INC. 4.4 %
AXON ENTERPRISE INC 4.4 %
BOEING CO 4.4 %
CURTISS-WRIGHT CORP 4.3 %
HUNTINGTON INGALLS INDUSTRIE 4.3 %
ARCHER AVIATION INC A 4.1 %
KRATOS DEFENSE & SECURITY 4.0 %
ROCKET LAB USA, INC. 4.0 %
BWX TECHNOLOGIES, INC. 3.9 %
Total 42.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 90.6 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
3.2% 26.6% 16.7% 12.6% 16.5%

Market Correlations
versus... Beta R-squared
S&P500 1.09 65%
MSCI EAFE 0.89 46%
MSCI Emg. Mkts. 0.54 17%

Technical Indicators
Recent close $189.28
30d moving avg. $164.95
Annualized volatility 22.4%
Short interest (ETF) 0.7%
Short interest (Underlying) 4.2%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 118
Turnover 0.7%
Bid/Ask (% of price) 0.09%
ADV underlying (mns) $4,649

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 612 potential alternatives to the SPDR S&P Aerospace & Defense ETF ETF based on the alternatives' overlap in portfolio holdings with XAR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: XAR Expense: 35 bp ALTAR Score™: 2.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH XAR
Ticker Fund
Name		 Overlap1
vs XAR
(%)		 Expense
ratio
(bp)		 Savings
vs XAR
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs XAR
(%)
MISL First Trust Indxx Aerospace & Defense ETF 62.0 60 -25 2.5 +0.4
ITA iShares U.S. Aerospace & Defense ETF 58.5 40 -5 2.0 -0.1
PPA Invesco Aerospace & Defense ETF 52.4 58 -23 2.7 +0.6
ROKT SPDR S&P Kensho Final Frontiers ETF 43.2 45 -10 2.1 +0.1
NATO Themes Transatlantic Defense ETF 41.2 35 0 2.8 +0.7
SHLD Global X Defense Tech ETF 27.4 50 -15 3.4 +1.3
FITE SPDR S&P Kensho Future Security ETF 26.6 45 -10 2.3 +0.3
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 23.0 60 -25 3.8 +1.8
XLI Industrial Select Sector SPDR Fund 22.6 8 27 4.4 +2.4
FTWO Strive FAANG 2.0 ETF 21.7 49 -14 4.8 +2.8
PRN Invesco Dorsey Wright Industrials Momentum ETF 20.2 60 -25 3.7 +1.6
VIS Vanguard Industrials ETF 20.0 10 25 4.7 +2.7
FIDU Fidelity MSCI Industrial Index ETF 19.8 8 27 4.6 +2.5
ARKX ARK Space Exploration & Innovation ETF 18.9 75 -40 -0.4 -2.4
IYJ iShares U.S. Industrials ETF 16.3 40 -5 4.5 +2.5
RSPN Invesco S&P 500 Equal Weight Industrials ETF 16.2 40 -5 4.9 +2.9
UFO Procure Space ETF 16.0 75 -40 -1.8 -3.8
MADE iShares U.S. Manufacturing ETF 14.8 40 -5 5.3 +3.3
ARKQ ARK Autonomous Technology & Robotics ETF 14.0 75 -40 0.5 -1.5
EXI iShares Global Industrials ETF 13.6 42 -7 4.6 +2.6
SAGP Strategas Global Policy Opportunities ETF 12.7 65 -30 5.4 +3.3
MVAL VanEck Morningstar Wide Moat Value ETF 11.1 49 -14 6.6 +4.6
AIRR First Trust RBA American Industrial Renaissance ETF 9.9 70 -35 5.8 +3.8
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 9.6 61 -26 6.8 +4.8
CGDV Capital Group Dividend Value ETF 9.3 33 2 4.8 +2.8
KOMP SPDR S&P Kensho New Economies Composite ETF 9.2 20 15 3.5 +1.4
YOKE Yoke Core ETF 9.2 42 -7 4.4 +2.4
PSCI Invesco S&P SmallCap Industrials ETF 8.9 29 6 5.8 +3.7
QDIV Global X S&P 500 Quality Dividend ETF 8.1 20 15 8.5 +6.4
MOAT VanEck Morningstar Wide Moat ETF 7.7 46 -11 5.9 +3.8
IQM Franklin Intelligent Machines ETF 7.7 50 -15 2.3 +0.2
SCDV Bahl & Gaynor Small Cap Dividend ETF 7.6 70 -35 4.8 +2.7
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 7.3 60 -25 2.8 +0.7
CGUS Capital Group Core Equity ETF 7.0 33 2 4.6 +2.5
UPGD Invesco Bloomberg Analyst Rating Improvers ETF 6.8 40 -5 6.2 +4.2
SMAP Amplify Small-Mid Cap Equity ETF 6.6 60 -25 5.5 +3.5
FFTY Innovator IBD 50 ETF 6.5 80 -45 -0.4 -2.4
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 6.5 95 -60 0.6 -1.4
GLRY Inspire Faithward Mid Cap Momentum ETF 6.5 80 -45 6.3 +4.3
LOUP Innovator Deepwater Frontier Tech ETF 6.5 70 -35 1.4 -0.7
JETS U.S. Global Jets ETF 6.5 60 -25 3.8 +1.8
ITAN Sparkline Intangible Value ETF 6.3 50 -15 6.5 +4.5
SAMT Strategas Macro Thematic Opportunities ETF 6.1 65 -30 3.1 +1.1
WAR U.S. Global Tech and Aerospace & Defense ETF 6.0 60 -25 3.7 +1.7
NBDS Neuberger Berman Disrupters ETF 5.8 55 -20 0.8 -1.2
MDLV Morgan Dempsey Large Cap Value ETF 5.8 58 -23 7.6 +5.5
MDCP VictoryShares THB Mid Cap ESG ETF 5.8 55 -20 5.8 +3.8
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 5.7 15 20 4.4 +2.3
VOT Vanguard Mid-Cap Growth ETF 5.4 7 28 3.6 +1.6
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 5.4 75 -40 3.1 +1.1
EQWL Invesco S&P 100 Equal Weight ETF 5.4 25 10 6.2 +4.1
PWB Invesco Large Cap Growth ETF 5.3 56 -21 2.9 +0.9
BLCV iShares Large Cap Value Active ETF 5.2 53 -18 7.5 +5.5
AUSF Global X Adaptive U.S. Factor ETF 5.2 27 8 9.3 +7.3
MTUM iShares MSCI USA Momentum Factor ETF 5.2 15 20 3.6 +1.6
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 5.0 25 10 5.2 +3.2
ALTL Pacer Lunt Large Cap Alternator ETF 5.0 60 -25 5.0 +3.0
SPLV Invesco S&P 500 Low Volatility ETF 5.0 25 10 5.2 +3.2
RPG Invesco S&P 500 Pure Growth ETF 4.9 35 0 3.3 +1.3
TRFM AAM Transformers ETF 4.9 49 -14 1.7 -0.3
PAVE Global X U.S. Infrastructure Development ETF 4.9 47 -12 5.7 +3.7
IWX iShares Russell Top 200 Value ETF 4.6 20 15 6.4 +4.4
SPMO Invesco S&P 500 Momentum ETF 4.5 13 22 3.8 +1.8
FCTR First Trust Lunt U.S. Factor Rotation ETF 4.5 65 -30 3.4 +1.4
QTUM Defiance Quantum ETF 4.4 40 -5 6.6 +4.5
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 4.4 60 -25 7.3 +5.3
QMOM Alpha Architect U.S. Quantitative Momentum ETF 4.4 39 -4 3.7 +1.7
CRTC Xtrackers US National Critical Technologies ETF 4.4 35 0 5.1 +3.0
BELT iShares Long-Term U.S. Equity Active ETF 4.4 75 -40 3.3 +1.2
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 4.4 79 -44 5.1 +3.1
TMFM Motley Fool Mid-Cap Growth ETF 4.4 85 -50 3.6 +1.6
YALL God Bless America ETF 4.4 65 -30 3.7 +1.7
SPHQ Invesco S&P 500 Quality ETF 4.4 15 20 5.1 +3.1
BOUT Innovator IBD Breakout Opportunities ETF 4.2 81 -46 3.1 +1.1
PRNT 3D Printing ETF 4.2 66 -31 1.4 -0.7
YLDE ClearBridge Dividend Strategy ESG ETF 4.1 60 -25 5.9 +3.9
FNY First Trust Mid Cap Growth AlphaDEX Fund 4.1 70 -35 2.9 +0.9
PKW Invesco Buyback Achievers ETF 4.1 62 -27 7.6 +5.6
EDOW First Trust Dow 30 Equal Weight ETF 4.1 50 -15 5.3 +3.2
SPDV AAM S&P 500 High Dividend Value ETF 4.1 29 6 10.9 +8.9
TMFG Motley Fool Global Opportunities ETF 4.1 85 -50 3.8 +1.8
SIXA ETC 6 Meridian Mega Cap Equity ETF 4.0 80 -45 7.0 +4.9
SHRY First Trust Bloomberg Shareholder Yield ETF 4.0 60 -25 7.9 +5.8
PDP Invesco Dorsey Wright Momentum ETF 3.9 62 -27 3.7 +1.7
MGV Vanguard Mega Cap Value ETF 3.9 7 28 6.8 +4.8
NLR VanEck Uranium+Nuclear Energy ETF 3.9 61 -26 2.8 +0.7
MBCC Monarch Blue Chips Core ETF 3.9 125 -90 4.1 +2.1
NETZ TCW Transform Systems ETF 3.9 75 -40 3.0 +0.9
TOLL Tema Monopolies and Oligopolies ETF 3.9 75 -40 3.7 +1.7
EQIN Columbia US Equity Income ETF 3.9 35 0 7.0 +5.0
QGRO American Century U.S. Quality Growth ETF 3.9 29 6 3.5 +1.5
VFMV Vanguard U.S. Minimum Volatility ETF 3.9 13 22 5.7 +3.6
FTDS First Trust Dividend Strength ETF 3.9 70 -35 7.8 +5.8
BLCR iShares Large Cap Core Active ETF 3.9 36 -1 4.0 +2.0
CSMD Congress SMid Growth ETF 3.8 69 -34 4.0 +2.0
TMFS Motley Fool Small-Cap Growth ETF 3.8 85 -50 3.4 +1.4
SDY SPDR S&P Dividend ETF 3.8 35 0 6.5 +4.5
RUNN Running Oak Efficient Growth ETF 3.7 58 -23 4.8 +2.8
BUZZ VanEck Social Sentiment ETF 3.7 75 -40 -0.3 -2.3
VONV Vanguard Russell 1000 Value ETF 3.7 8 27 6.7 +4.7
IWD iShares Russell 1000 Value ETF 3.7 19 16 6.6 +4.6
CWS AdvisorShares Focused Equity ETF 3.7 84 -49 4.8 +2.7
FCTE SMI 3Fourteen Full-Cycle Trend ETF 3.7 85 -50 8.3 +6.2
HAIL SPDR S&P Kensho Smart Mobility ETF 3.7 45 -10 2.6 +0.6
SDEP SFP Core Equity Strategy 3.6 10 25 6.5 +4.5
SCHD Schwab US Dividend Equity ETF 3.6 6 29 9.9 +7.9
GGRW Gabelli Growth Innovators ETF 3.6 90 -55 2.5 +0.5
FTCS First Trust Capital Strength ETF 3.6 55 -20 5.6 +3.6
OCFS Otter Creek Focus Strategy ETF 3.6 85 -50 3.7 +1.7
CAML Congress Large Cap Growth ETF 3.6 66 -31 3.2 +1.2
FELV Fidelity Enhanced Large Cap Value ETF 3.5 18 17 6.9 +4.9
NUMG Nuveen ESG Mid-Cap Growth ETF 3.5 31 4 2.5 +0.5
BGIG Bahl & Gaynor Income Growth ETF 3.4 45 -10 5.5 +3.5
GINX SGI Enhanced Global Income ETF 3.4 98 -63 7.4 +5.3
SIXL ETC 6 Meridian Low Beta Equity ETF 3.4 80 -45 6.1 +4.1
GVUS Marketbeta Russell 1000 Value Equity ETF 3.4 12 23 6.7 +4.7
RGEF Rockefeller Global Equity ETF 3.3 55 -20 5.1 +3.0
FTC First Trust Large Cap Growth AlphaDEX Fund 3.3 59 -24 2.9 +0.9
DVND Touchstone Dividend Select ETF 3.3 67 -32 6.0 +4.0
FBOT Fidelity Disruptive Automation ETF 3.3 50 -15 3.8 +1.7
JAVA JPMorgan Active Value ETF 3.3 44 -9 6.6 +4.5
TMFX Motley Fool Next Index ETF 3.3 50 -15 2.8 +0.7
TINT ProShares Smart Materials ETF 3.2 58 -23 7.7 +5.7
DMAT Global X Disruptive Materials ETF 3.2 59 -24 10.7 +8.7
DGT SPDR Global Dow ETF 3.2 50 -15 7.5 +5.4
DSTL Distillate US Fundamental Stability & Value ETF 3.2 39 -4 8.4 +6.4
JMOM JPMorgan U.S. Momentum Factor ETF 3.2 12 23 4.6 +2.6
FMDE Fidelity Enhanced Mid Cap ETF 3.2 23 12 5.9 +3.9
CLNR IQ Cleaner Transport ETF 3.1 45 -10 6.9 +4.9
TIME Clockwise Core Equity & Innovation ETF 3.1 95 -60 2.8 +0.7
FDLS Inspire Fidelis Multi Factor ETF 3.1 76 -41 5.1 +3.1
CGDG Capital Group Dividend Growers ETF 3.1 47 -12 6.3 +4.3
CGGR Capital Group Growth ETF 3.1 39 -4 3.4 +1.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 3.1 29 6 6.6 +4.6
HAPS Harbor Human Capital Factor US Small Cap ETF 3.1 60 -25 4.3 +2.2
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 3.1 52 -17 5.5 +3.5
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 3.1 58 -23 5.4 +3.4
STXD Strive 1000 Dividend Growth ETF 3.1 35 0 5.0 +3.0
FAD First Trust Multi Cap Growth AlphaDEX Fund 3.1 64 -29 2.3 +0.3
RSMC Rockefeller U.S. Small-Mid Cap ETF 3.1 75 -40 4.9 +2.9
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 3.1 35 0 6.1 +4.1
FFLC Fidelity Fundamental Large Cap Core ETF 3.0 38 -3 4.8 +2.8
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 3.0 65 -30 3.2 +1.2
XMAG Defiance Large Cap ex-Mag 7 ETF 3.0 35 0 5.3 +3.3
ULVM VictoryShares US Value Momentum ETF 3.0 20 15 7.4 +5.4
GRNY Fundstrat Granny Shots US Large Cap ETF 3.0 75 -40 3.3 +1.3
SCHV Schwab U.S. Large-Cap Value ETF 3.0 4 31 6.9 +4.9
VO Vanguard Mid-Cap ETF 3.0 4 31 5.9 +3.9
CFA VictoryShares US 500 Volatility Wtd ETF 3.0 35 0 5.9 +3.9
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 3.0 40 -5 5.9 +3.8
CBSE Clough Select Equity ETF 2.9 85 -50 1.4 -0.6
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF 2.9 12 23 5.6 +3.6
MAVF Matrix Advisors Value ETF 2.9 75 -40 6.2 +4.1
REVS Columbia Research Enhanced Value ETF 2.9 19 16 7.9 +5.9
DIA SPDR Dow Jones Industrial Average ETF Trust 2.9 16 19 5.7 +3.7
IMCG iShares Morningstar Mid-Cap Growth ETF 2.9 6 29 4.1 +2.1
VFMO Vanguard U.S. Momentum Factor ETF 2.8 13 22 3.2 +1.2
VBK Vanguard Small-Cap Growth ETF 2.8 7 28 1.9 -0.1
ILCV iShares Morningstar Value ETF 2.8 4 31 6.8 +4.8
VOOV Vanguard S&P 500 Value ETF 2.8 10 25 6.5 +4.4
SPXT ProShares S&P 500 Ex-Technology ETF 2.8 9 26 5.7 +3.7
IVE iShares S&P 500 Value ETF 2.8 18 17 6.4 +4.4
DSMC Distillate Small/Mid Cash Flow ETF 2.8 55 -20 13.5 +11.5
SPYV SPDR Portfolio S&P 500 Value ETF 2.8 4 31 6.5 +4.5
TBG TBG Dividend Focus ETF 2.8 59 -24 8.0 +5.9
IJK iShares S&P Mid-Cap 400 Growth ETF 2.8 17 18 6.0 +4.0
VALQ American Century U.S. Quality Value ETF 2.7 29 6 7.7 +5.7
VTV Vanguard Value ETF 2.7 4 31 7.1 +5.0
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 2.7 15 20 6.0 +4.0
FFND Future Fund Active ETF 2.7 100 -65 4.6 +2.5
IUSV iShares Core S&P US Value ETF 2.7 4 31 6.7 +4.6
MDYG SPDR S&P 400 Mid Cap Growth ETF 2.7 15 20 6.0 +4.0
LCF Touchstone US Large Cap Focused ETF 2.7 69 -34 4.5 +2.5
DSPY Tema S&P 500 Historical Weight ETF 2.6 18 17 5.3 +3.3
IUS Invesco RAFI Strategic US ETF 2.6 19 16 6.9 +4.9
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 2.6 30 5 6.8 +4.8
RND First Trust Bloomberg R&D Leaders ETF 2.6 60 -25 3.8 +1.8
RSP Invesco S&P 500 Equal Weight ETF 2.6 20 15 6.5 +4.5
VLUE iShares MSCI USA Value Factor ETF 2.6 15 20 10.2 +8.1
QUVU Hartford Quality Value ETF 2.6 46 -11 7.3 +5.3
FDRR Fidelity Dividend ETF for Rising Rates 2.5 15 20 7.6 +5.6
JOET Virtus Terranova US Quality Momentum ETF 2.5 29 6 4.8 +2.8
RWL Invesco S&P 500 Revenue ETF 2.5 39 -4 6.9 +4.9
BBLU EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF 2.5 15 20 6.2 +4.2
VYM Vanguard High Dividend Yield Index ETF 2.5 6 29 7.4 +5.4
DIVB iShares Core Dividend ETF 2.5 5 30 7.9 +5.8
RFG Invesco S&P Midcap 400 Pure Growth ETF 2.4 35 0 5.3 +3.3
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 2.4 19 16 5.3 +3.3
POWA Invesco Bloomberg Pricing Power ETF 2.4 40 -5 5.6 +3.6
DGRO iShares Core Dividend Growth ETF 2.4 8 27 6.6 +4.6
ISCG iShares Morningstar Small-Cap Growth ETF 2.4 6 29 2.9 +0.9
FBCV Fidelity Blue Chip Value ETF 2.4 59 -24 7.5 +5.5
HLGE Hartford Longevity Economy ETF 2.4 44 -9 6.4 +4.4
DFUV Dimensional US Marketwide Value ETF 2.4 22 13 8.0 +5.9
FDMO Fidelity Momentum Factor ETF 2.4 15 20 3.9 +1.9
GOP Unusual Whales Subversive Republican Trading ETF 2.4 50 -15 6.1 +4.0
DFLV Dimensional US Large Cap Value ETF 2.4 22 13 8.2 +6.1
ZECP Zacks Earnings Consistent Portfolio ETF 2.4 55 -20 5.0 +2.9
QLV FlexShares US Quality Low Volatility Index Fund 2.4 22 13 5.7 +3.7
FUNL CornerCap Fundametrics Large-Cap ETF 2.3 50 -15 7.5 +5.5
IPDP Dividend Performers ETF 2.3 122 -87 4.9 +2.8
SPXN ProShares S&P 500 Ex-Financials ETF 2.3 9 26 5.2 +3.1
FVAL Fidelity Value Factor ETF 2.3 15 20 7.2 +5.2
OSCV Opus Small Cap Value ETF 2.3 79 -44 6.9 +4.9
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 2.3 49 -14 9.7 +7.7
STXV Strive 1000 Value ETF 2.3 18 17 8.3 +6.2
EUSA iShares MSCI USA Equal Weighted ETF 2.3 9 26 6.2 +4.1
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 2.3 29 6 4.4 +2.4
SFYX SoFi Next 500 ETF 2.3 0 35 5.9 +3.8
MGRO VanEck Morningstar Wide Moat Growth ETF 2.3 49 -14 4.4 +2.4
FNX First Trust Mid Cap Core AlphaDEX Fund 2.3 60 -25 7.8 +5.8
FDLO Fidelity Low Volatility Factor ETF 2.3 15 20 5.5 +3.4
IWP iShares Russell Mid-Cap Growth ETF 2.3 23 12 3.4 +1.4
DGRW WisdomTree US Quality Dividend Growth Fund 2.2 28 7 5.7 +3.6
FFOG Franklin Focused Growth ETF 2.2 61 -26 2.5 +0.4
GK AdvisorShares Gerber Kawasaki ETF 2.2 75 -40 2.7 +0.7
IJT iShares S&P Small-Cap 600 Growth ETF 2.2 18 17 5.7 +3.7
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 2.2 27 8 7.0 +5.0
ESML iShares ESG Aware MSCI USA Small-Cap ETF 2.2 17 18 6.1 +4.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 2.2 9 26 6.2 +4.2
FEX First Trust Large Cap Core AlphaDEX Fund 2.2 59 -24 6.2 +4.2
SPXV ProShares S&P 500 Ex-Health Care ETF 2.2 9 26 4.9 +2.8
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 2.2 20 15 4.9 +2.9
CZA Invesco Zacks Mid-Cap ETF 2.2 72 -37 6.5 +4.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 2.2 75 -40 4.2 +2.2
ONEO SPDR Russell 1000 Momentum Focus ETF 2.2 20 15 7.1 +5.0
INCE Franklin Income Equity Focus ETF 2.2 29 6 5.7 +3.7
FVD First Trust Value Line Dividend Index Fund 2.2 65 -30 6.2 +4.2
URAN Themes Uranium & Nuclear ETF 2.2 35 0 2.2 +0.2
STXM Strive Mid-Cap ETF 2.2 18 17 6.5 +4.4
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.2 15 20 5.8 +3.7
IVV iShares Core S&P 500 ETF 2.2 3 32 5.2 +3.2
VOO Vanguard S&P 500 ETF 2.2 3 32 5.2 +3.2
NBCC Neuberger Berman Next Generation Connected Consumer ETF 2.2 56 -21 2.6 +0.6
LRND IQ U.S. Large Cap R&D Leaders ETF 2.2 14 21 5.9 +3.8
MAGA Point Bridge America First ETF 2.2 72 -37 6.0 +4.0
DARP Grizzle Growth ETF 2.2 75 -40 3.8 +1.7
SPLG SPDR Portfolio S&P 500 ETF 2.2 2 33 5.2 +3.2
SPY SPDR S&P 500 ETF Trust 2.2 9 26 5.1 +3.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 2.2 12 23 4.7 +2.7
TOV JLens 500 Jewish Advocacy U.S. ETF 2.2 18 17 4.9 +2.9
SURE AdvisorShares Insiders Advantage ETF 2.2 90 -55 9.9 +7.9
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 2.1 60 -25 4.2 +2.2
SIZE iShares MSCI USA Size Factor ETF 2.1 15 20 5.9 +3.9
USRD Themes US R&D Champions ETF 2.1 29 6 5.0 +2.9
VV Vanguard Large-Cap ETF 2.1 4 31 5.1 +3.0
SLYG SPDR S&P 600 Small Cap Growth ETF 2.1 15 20 5.7 +3.7
OEF iShares S&P 100 ETF 2.1 20 15 4.8 +2.8
IWL iShares Russell Top 200 ETF 2.1 15 20 4.9 +2.8
SCHX Schwab U.S. Large-Cap ETF 2.1 3 32 5.2 +3.2
STRV Strive 500 ETF 2.1 5 30 5.0 +3.0
FELC Fidelity Enhanced Large Cap Core ETF 2.1 18 17 5.4 +3.4
SCHK Schwab 1000 Index ETF 2.1 5 30 5.3 +3.2
ILCB iShares Morningstar U.S. Equity ETF 2.1 3 32 5.1 +3.1
DFUS Dimensional U.S. Equity ETF 2.1 9 26 5.1 +3.0
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 2.1 3 32 5.4 +3.4
IWB iShares Russell 1000 ETF 2.1 15 20 5.1 +3.0
PFM Invesco Dividend Achievers ETF 2.1 53 -18 5.4 +3.4
VONE Vanguard Russell 1000 ETF 2.1 8 27 5.2 +3.1
SDOG ALPS Sector Dividend Dogs ETF 2.1 36 -1 9.5 +7.5
SPHB Invesco S&P 500 High Beta ETF 2.1 25 10 4.9 +2.8
PBUS Invesco MSCI USA ETF 2.1 4 31 5.1 +3.1
DEUS Xtrackers Russell US Multifactor ETF 2.1 17 18 7.0 +5.0
DLN WisdomTree U.S. LargeCap Dividend Fund 2.1 28 7 6.2 +4.1
IWV iShares Russell 3000 ETF 2.1 20 15 5.0 +3.0
VTHR Vanguard Russell 3000 ETF 2.1 10 25 5.1 +3.1
IYY iShares Dow Jones U.S. ETF 2.1 20 15 5.0 +3.0
PRF Invesco FTSE RAFI US 1000 ETF 2.1 39 -4 7.1 +5.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 2.1 20 15 5.3 +3.3
SCHB Schwab U.S. Broad Market ETF 2.1 3 32 5.2 +3.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 2.1 3 32 5.1 +3.1
VTI Vanguard Total Stock Market ETF 2.1 3 32 5.1 +3.1
BOTZ Global X Robotics & Artificial Intelligence ETF 2.0 69 -34 2.5 +0.5
IWR iShares Russell Midcap ETF 2.0 19 16 5.9 +3.9
VOLT Tema Electrification ETF 2.0 75 -40 3.1 +1.0
TPHD Timothy Plan High Dividend Stock ETF 2.0 52 -17 7.0 +5.0
TPHE Timothy Plan High Dividend Stock Enhanced ETF 2.0 54 -19 7.3 +5.3
HAPI Harbor Human Capital Factor US Large Cap ETF 2.0 36 -1 5.0 +3.0
SPXE ProShares S&P 500 Ex-Energy ETF 2.0 9 26 5.0 +3.0
STXG Strive 1000 Growth ETF 2.0 18 17 4.0 +2.0
ACVF American Conservative Values ETF 2.0 75 -40 4.5 +2.4
LGRO Level Four Large Cap Growth Active ETF 2.0 55 -20 3.9 +1.9
USMV iShares MSCI USA Min Vol Factor ETF 2.0 15 20 5.5 +3.5
IWS iShares Russell Mid-Cap Value ETF 2.0 23 12 6.9 +4.9
MGC Vanguard Mega Cap ETF 2.0 7 28 4.9 +2.9
XMHQ Invesco S&P MidCap Quality ETF 2.0 25 10 6.8 +4.8
IETC iShares U.S. Tech Independence Focused ETF 2.0 18 17 3.9 +1.9
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 1.9 7 28 5.1 +3.0
JHML John Hancock Multifactor Large Cap ETF 1.9 29 6 5.5 +3.5
IWO iShares Russell 2000 Growth ETF 1.9 24 11 1.4 -0.6
QVML Invesco S&P 500 QVM Multi-factor ETF 1.9 11 24 5.3 +3.2
LYLD Cambria Large Cap Shareholder Yield ETF 1.9 59 -24 9.9 +7.8
DTD WisdomTree U.S. Total Dividend Fund 1.9 28 7 6.5 +4.5
PY Principal Value ETF 1.9 15 20 7.4 +5.4
SWP SWP Growth & Income ETF 1.9 99 -64 4.5 +2.5
XMMO Invesco S&P MidCap Momentum ETF 1.9 34 1 5.5 +3.5
VTWG Vanguard Russell 2000 Growth ETF 1.9 15 20 1.5 -0.6
FNDX Schwab Fundamental US Large Co. Index ETF 1.9 25 10 7.4 +5.4
VOTE TCW Transform 500 ETF 1.9 5 30 5.1 +3.1
NULG Nuveen ESG Large-Cap Growth ETF 1.9 26 9 3.4 +1.4
BKLC BNY Mellon US Large Cap Core Equity ETF 1.9 0 35 5.1 +3.1
EMOT First Trust S&P 500 Economic Moat ETF 1.9 60 -25 6.9 +4.9
AIVL WisdomTree U.S. AI Enhanced Value Fund 1.9 38 -3 6.2 +4.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 1.9 11 24 5.1 +3.1
FNDB Schwab Fundamental US Broad Market Index ETF 1.9 25 10 7.4 +5.4
JEPI JPMorgan Equity Premium Income ETF 1.9 35 0 5.7 +3.6
BBUS JP Morgan Betabuilders U.S. Equity ETF 1.9 2 33 5.2 +3.1
DFAU Dimensional US Core Equity Market ETF 1.9 12 23 5.3 +3.3
NACP Impact Shares NAACP Minority Empowerment ETF 1.9 49 -14 5.0 +2.9
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 1.9 35 0 7.1 +5.1
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 1.9 55 -20 4.7 +2.7
FXZ First Trust Materials AlphaDEX Fund 1.9 61 -26 11.5 +9.4
QLTY GMO U.S. Quality ETF 1.9 50 -15 4.9 +2.8
DCOR Dimensional US Core Equity 1 ETF 1.8 14 21 5.6 +3.6
WCEO Hypatia Women CEO ETF 1.8 85 -50 4.8 +2.7
FDG American Century Focused Dynamic Growth ETF 1.8 45 -10 2.1 +0.1
BMVP Invesco Bloomberg MVP Multi-factor ETF 1.8 29 6 6.1 +4.1
IJR iShares Core S&P Small Cap ETF 1.8 6 29 8.0 +6.0
VUG Vanguard Growth ETF 1.8 4 31 4.1 +2.1
NUSC Nuveen ESG Small-Cap ETF 1.8 31 4 5.6 +3.6
BKMC BNY Mellon US Mid Cap Core Equity ETF 1.8 4 31 6.3 +4.3
ESMV iShares ESG MSCI USA Min Vol Factor ETF 1.8 18 17 5.6 +3.6
IMCB iShares Morningstar Mid-Cap ETF 1.8 4 31 6.1 +4.1
CCMG CCM Global Equity ETF 1.8 34 1 8.8 +6.8
RVRB Reverb ETF 1.8 30 5 4.8 +2.8
OALC OneAscent Large Cap Core ETF 1.8 86 -51 4.3 +2.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 1.8 25 10 6.0 +4.0
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.8 9 26 4.7 +2.7
FLV American Century Focused Large Cap Value ETF 1.8 42 -7 6.8 +4.7
RPV Invesco S&P 500 Pure Value ETF 1.7 35 0 10.8 +8.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.7 39 -4 6.7 +4.6
VIOO Vanguard S&P Small-Cap 600 ETF 1.7 10 25 8.0 +6.0
SPSM SPDR Portfolio S&P 600 Small Cap ETF 1.7 3 32 8.1 +6.0
FNDA Schwab Fundamental US Small Co. Index ETF 1.7 25 10 8.2 +6.2
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.7 60 -25 8.2 +6.2
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 1.7 20 15 5.7 +3.7
SFY SoFi Select 500 ETF 1.7 0 35 4.6 +2.6
USMF WisdomTree U.S. Multifactor Fund 1.7 28 7 6.7 +4.6
BFOR ALPS Barron's 400 ETF 1.7 65 -30 6.1 +4.0
JHMM John Hancock Multifactor Mid Cap ETF 1.7 42 -7 6.5 +4.5
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.6 65 -30 8.2 +6.2
HUSV First Trust Horizon Managed Volatility Domestic ETF 1.6 70 -35 4.6 +2.6
VB Vanguard Small-Cap ETF 1.6 5 30 6.3 +4.3
FLAG Global X S&P 500 U.S. Market Leaders Top 50 ETF 1.6 29 6 6.5 +4.5
IUSG iShares Core S&P U.S. Growth ETF 1.6 4 31 4.4 +2.3
ADME Aptus Drawdown Managed Equity ETF 1.6 79 -44 4.2 +2.2
ISCB iShares Morningstar Small-Cap ETF 1.6 4 31 6.3 +4.3
QUS SPDR MSCI USA StrategicFactors ETF 1.6 15 20 5.8 +3.7
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 1.6 15 20 7.5 +5.5
KRMA Global X Conscious Companies ETF 1.6 43 -8 5.9 +3.9
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.6 45 -10 3.0 +1.0
BGRO iShares Large Cap Growth Active ETF 1.6 55 -20 3.2 +1.2
TOK iShares MSCI Kokusai ETF 1.6 26 9 5.3 +3.3
VLU SPDR S&P 1500 Value Tilt ETF 1.6 12 23 7.8 +5.7
THRO iShares U.S. Thematic Rotation Active ETF 1.6 90 -55 4.1 +2.1
LCTU BlackRock U.S. Carbon Transition Readiness ETF 1.6 14 21 5.1 +3.1
VIG Vanguard Dividend Appreciation ETF 1.6 6 29 5.7 +3.7
WTV WisdomTree US Value Fund of Benef Interest 1.6 12 23 9.3 +7.3
FAN First Trust Global Wind Energy ETF 1.5 60 -25 4.9 +2.9
IVW iShares S&P 500 Growth ETF 1.5 18 17 4.2 +2.1
VOOG Vanguard S&P 500 Growth ETF 1.5 10 25 4.2 +2.2
SPYG SPDR Portfolio S&P 500 Growth ETF 1.5 4 31 4.3 +2.3
GSPY Gotham Enhanced 500 ETF 1.5 50 -15 5.5 +3.5
DFAC Dimensional U.S. Core Equity 2 ETF 1.5 17 18 5.8 +3.8
JVAL JPMorgan U.S. Value Factor ETF 1.5 12 23 8.6 +6.6
SCHG Schwab U.S. Large-Cap Growth ETF 1.5 4 31 4.1 +2.1
RSSL Global X Russell 2000 ETF 1.5 8 27 4.7 +2.7
SCHM Schwab U.S. Mid-Cap ETF 1.5 4 31 6.9 +4.8
MDY SPDR S&P Midcap 400 ETF Trust 1.5 24 11 7.4 +5.4
IJH iShares Core S&P Mid-Cap ETF 1.5 5 30 7.6 +5.6
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 1.5 15 20 8.1 +6.1
EPS WisdomTree U.S. LargeCap Fund 1.5 8 27 6.0 +3.9
DFAS Dimensional U.S. Small Cap ETF 1.5 26 9 6.8 +4.7
URTH iShares MSCI World ETF 1.5 24 11 5.4 +3.4
IWM iShares Russell 2000 ETF 1.5 19 16 4.7 +2.7
GURU Global X Guru Index ETF 1.5 75 -40 4.1 +2.1
VTWO Vanguard Russell 2000 ETF 1.5 10 25 4.7 +2.7
STXK Strive Small-Cap ETF 1.5 18 17 6.4 +4.4
ILCG iShares Morningstar Growth ETF 1.5 4 31 3.9 +1.9
DFSU Dimensional US Sustainability Core 1 ETF 1.5 18 17 5.6 +3.6
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 1.5 3 32 7.6 +5.6
IVOO Vanguard S&P Mid-Cap 400 ETF 1.5 10 25 7.6 +5.5
OUSA ALPS O'Shares U.S. Quality Dividend ETF 1.4 48 -13 6.0 +4.0
SUSA iShares MSCI USA ESG Select ETF 1.4 25 10 4.9 +2.9
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.4 35 0 6.0 +4.0
SHE SPDR MSCI USA Gender Diversity ETF 1.4 20 15 5.1 +3.1
KOKU Xtrackers MSCI Kokusai Equity ETF 1.4 9 26 5.4 +3.4
ESGU iShares ESG Aware MSCI USA ETF 1.4 15 20 5.0 +3.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.4 9 26 6.1 +4.0
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF 1.4 50 -15 8.3 +6.2
IOO iShares Global 100 ETF 1.4 41 -6 5.2 +3.2
SSPY Syntax Stratified LargeCap ETF 1.4 30 5 6.7 +4.7
QLC FlexShares US Quality Large Cap Index Fund 1.4 25 10 5.7 +3.6
DURA VanEck Durable High Dividend ETF 1.4 29 6 8.7 +6.7
SHUS Syntax Stratified U.S. Total Market Hedged ETF 1.4 65 -30 6.4 +4.4
VXF Vanguard Extended Market ETF 1.4 6 29 5.0 +3.0
DFVX Dimensional US Large Cap Vector ETF 1.4 22 13 6.5 +4.4
IJS iShares S&P Small-Cap 600 Value ETF 1.4 18 17 10.5 +8.4
QNXT iShares Nasdaq-100 ex Top 30 ETF 1.4 20 15 4.2 +2.2
RECS Columbia Research Enhanced Core ETF 1.4 15 20 6.1 +4.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 1.4 9 26 5.4 +3.4
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.4 7 28 6.3 +4.3
HDV iShares Core High Dividend ETF 1.3 8 27 7.0 +4.9
ACWI iShares MSCI ACWI ETF 1.3 32 3 5.8 +3.8
ICAP InfraCap Equity Income Fund ETF 1.3 171 -136 7.0 +5.0
EVUS iShares ESG Aware MSCI USA Value ETF 1.3 18 17 6.9 +4.9
VT Vanguard Total World Stock ETF 1.3 7 28 6.2 +4.1
SLYV SPDR S&P 600 Small Cap Value ETF 1.3 15 20 10.5 +8.5
DYNF BlackRock U.S. Equity Factor Rotation ETF 1.3 30 5 4.7 +2.7
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 1.3 56 -21 6.4 +4.4
VIOV Vanguard S&P Small-Cap 600 Value ETF 1.3 15 20 10.5 +8.5
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 1.3 5 30 8.1 +6.1
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 1.3 60 -25 4.6 +2.5
DTEC ALPS Disruptive Technologies ETF 1.3 50 -15 3.8 +1.8
ACWV iShares MSCI Global Min Vol Factor ETF 1.3 20 15 5.8 +3.8
PEXL Pacer US Export Leaders ETF 1.3 60 -25 5.0 +3.0
JHSC John Hancock Multifactor Small Cap ETF 1.2 42 -7 7.0 +4.9
FESM Fidelity Enhanced Small Cap ETF 1.2 28 7 8.1 +6.0
XJH iShares ESG Screened S&P Mid-Cap ETF 1.2 12 23 7.3 +5.3
RFFC ALPS Active Equity Opportunity ETF 1.2 48 -13 4.7 +2.6
BKSE BNY Mellon US Small Cap Core Equity ETF 1.2 4 31 6.3 +4.3
FLRG Fidelity U.S. Multifactor ETF 1.2 15 20 7.0 +5.0
APUE ActivePassive U.S. Equity ETF 1.2 45 -10 4.9 +2.9
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.2 58 -23 4.0 +2.0
FBCG Fidelity Blue Chip Growth ETF 1.2 59 -24 3.1 +1.1
SCHA Schwab U.S. Small-Cap ETF 1.2 4 31 6.5 +4.4
TAX Cambria Tax Aware ETF 1.2 49 -14 5.2 +3.1
FSMD Fidelity Small-Mid Multifactor ETF 1.2 15 20 7.3 +5.2
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 1.2 55 -20 10.6 +8.6
AVUS Avantis U.S. Equity ETF 1.2 15 20 6.1 +4.0
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 1.2 25 10 6.0 +4.0
SMMD iShares Russell 2500 ETF 1.1 15 20 6.6 +4.5
FQAL Fidelity Quality Factor ETF 1.1 15 20 5.7 +3.7
DRUP GraniteShares Nasdaq Select Disruptors ETF 1.1 60 -25 4.1 +2.1
EQAL Invesco Russell 1000 Equal Weight ETF 1.1 20 15 7.1 +5.0
COWS Amplify Cash Flow Dividend Leaders ETF 1.1 0 35 12.6 +10.6
HAPY Harbor Human Capital Factor Unconstrained ETF 1.1 50 -15 5.7 +3.6
FTA First Trust Large Cap Value AlphaDEX Fund 1.1 59 -24 9.3 +7.3
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.1 80 -45 8.1 +6.0
ONEV SPDR Russell 1000 Low Volatility Focus ETF 1.1 20 15 7.6 +5.6
SUSL iShares ESG MSCI USA Leaders ETF 1.1 10 25 5.1 +3.1
AFMC First Trust Active Factor Mid Cap ETF 1.1 65 -30 8.7 +6.7
SAWG AAM Sawgrass US Large Cap Quality Growth ETF 1.1 49 -14 4.8 +2.8
QWLD SPDR MSCI World StrategicFactors ETF 1.1 30 5 6.2 +4.1
VUSE Vident U.S. Equity Strategy ETF 1.1 50 -15 4.5 +2.5
KLMN Invesco MSCI North America Climate ETF 1.1 9 26 5.2 +3.2
SRHQ SRH U.S. Quality ETF 1.1 35 0 7.5 +5.4
BKWO BNY Mellon Women's Opportunities ETF 1.1 50 -15 3.8 +1.7
LSAF LeaderShares AlphaFactor US Core Equity ETF 1.1 75 -40 7.3 +5.3
WRND IQ Global Equity R&D Leaders ETF 1.1 18 17 8.9 +6.8
VFMF Vanguard U.S. Multifactor ETF 1.1 18 17 8.3 +6.2
QUAL iShares MSCI USA Quality Factor ETF 1.0 15 20 5.3 +3.3
VOE Vanguard Mid-Cap Value ETF 1.0 7 28 7.8 +5.8
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.0 24 11 8.0 +6.0
XJR iShares ESG Screened S&P Small-Cap ETF 1.0 12 23 7.6 +5.6
LOWV AB US Low Volatility Equity ETF 1.0 48 -13 5.2 +3.2
IQSU IQ Candriam U.S. Large Cap Equity ETF 1.0 9 26 5.0 +2.9
TMAT Main Thematic Innovation ETF 1.0 164 -129 -1.5 -3.6
DVY iShares Select Dividend ETF 1.0 38 -3 9.4 +7.3
AFLG First Trust Active Factor Large Cap ETF 1.0 55 -20 6.2 +4.2
FPAG FPA Global Equity ETF 1.0 49 -14 6.1 +4.0
CGGO Capital Group Global Growth Equity ETF 1.0 47 -12 4.9 +2.8
RZG Invesco S&P Smallcap 600 Pure Growth ETF 1.0 35 0 4.3 +2.3
MOTG VanEck Morningstar Global Wide Moat ETF 1.0 52 -17 6.9 +4.8
IWN iShares Russell 2000 Value ETF 1.0 24 11 8.1 +6.1
VTWV Vanguard Russell 2000 Value ETF 1.0 15 20 8.1 +6.1
RNSC Furst Trust Small Cap US Equity Select ETF 1.0 60 -25 5.9 +3.9
DON WisdomTree U.S. MidCap Dividend Fund 1.0 38 -3 8.9 +6.9
TPSC Timothy Plan US Small Cap Core ETF 1.0 52 -17 7.1 +5.1
EGUS iShares ESG Aware MSCI USA Growth ETF 1.0 18 17 4.2 +2.2
GINN Goldman Sachs Innovate Equity ETF 1.0 52 -17 4.1 +2.1
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.0 60 -25 10.1 +8.1
RNMC First Trust Mid Cap US Equity Select ETF 1.0 60 -25 6.2 +4.2
FNK First Trust Mid Cap Value AlphaDEX Fund 1.0 70 -35 11.7 +9.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 1.0 10 25 5.1 +3.1
HDUS Hartford Disciplined US Equity ETF 1.0 19 16 5.9 +3.9
CSA VictoryShares US Small Cap Volatility Wtd ETF 1.0 35 0 8.1 +6.0
BGDV Bahl & Gaynor Dividend ETF 1.0 45 -10 4.9 +2.8
IWC iShares Micro-Cap ETF 0.9 60 -25 -0.7 -2.7
FLQL Franklin LibertyQ U.S. Equity ETF 0.9 15 20 5.6 +3.6
SNPV Xtrackers S&P 500 Value ESG ETF 0.9 15 20 7.0 +4.9
QDEF FlexShares Quality Dividend Defensive Index Fund 0.9 37 -2 6.2 +4.2
LCLG Logan Capital Broad Innovative Growth ETF 0.9 99 -64 4.2 +2.2
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 0.9 60 -25 6.9 +4.9
DUHP Dimensional US High Profitability ETF 0.9 21 14 6.4 +4.4
SPGP Invesco S&P 500 GARP ETF 0.9 34 1 9.5 +7.4
FAB First Trust Multi Cap Value AlphaDEX Fund 0.9 67 -32 10.5 +8.4
CATH Global X S&P 500 Catholic Values Custom ETF 0.9 29 6 4.9 +2.9
SYLD Cambria Shareholder Yield ETF 0.9 59 -24 11.8 +9.8
LRGF iShares U.S. Equity Factor ETF 0.9 8 27 5.7 +3.7
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.9 39 -4 6.1 +4.1
WLDR Affinity World Leaders Equity ETF 0.9 67 -32 7.9 +5.9
SFYF SoFi Social 50 ETF 0.8 29 6 0.2 -1.8
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.8 35 0 4.2 +2.2
NIXT Research Affiliates Deletions ETF 0.8 9 26 5.8 +3.7
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.8 25 10 5.3 +3.3
FSST Fidelity Sustainable U.S. Equity ETF 0.8 59 -24 4.6 +2.6
QGRW WisdomTree U.S. Quality Growth Fund 0.8 28 7 4.3 +2.3
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.8 15 20 5.1 +3.1
EBI Longview Advantage ETF 0.8 35 0 6.9 +4.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.8 39 -4 10.0 +7.9
XLG Invesco S&P 500 Top 50 ETF 0.8 20 15 4.7 +2.7
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.8 25 10 8.2 +6.2
ISMD Inspire Small/Mid Cap ETF 0.8 54 -19 6.1 +4.1
FYC First Trust Small Cap Growth AlphaDEX Fund 0.8 71 -36 0.5 -1.5
VSLU Applied Finance Valuation Large Cap ETF 0.8 49 -14 5.8 +3.7
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.8 60 -25 2.1 +0.1
ISCV iShares Morningstar Small Cap Value ETF 0.8 6 29 9.7 +7.6
XVV iShares ESG Screened S&P 500 ETF 0.8 8 27 5.1 +3.0
IYM iShares U.S. Basic Materials ETF 0.8 40 -5 6.9 +4.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.8 20 15 6.1 +4.1
SNPG Xtrackers S&P 500 Growth ESG ETF 0.8 15 20 4.6 +2.6
DIVG Invesco S&P 500 High Dividend Growers ETF 0.8 39 -4 8.6 +6.5
SPVM Invesco S&P 500 Value with Momentum ETF 0.8 39 -4 8.5 +6.4
AIEQ AI Powered Equity ETF 0.8 75 -40 5.3 +3.2
NULC Nuveen ESG Large-Cap ETF 0.8 21 14 4.9 +2.8
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.8 15 20 5.4 +3.3
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.8 45 -10 4.4 +2.4
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.8 35 0 9.8 +7.7
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.8 12 23 4.6 +2.6
TMFC Motley Fool 100 Index ETF 0.7 50 -15 3.7 +1.6
MGK Vanguard Mega Cap Growth ETF 0.7 7 28 4.2 +2.2
KLMT Invesco MSCI Global Climate 500 ETF 0.7 10 25 6.0 +4.0
SNPE Xtrackers S&P 500 ESG ETF 0.7 10 25 5.3 +3.3
SMOT VanEck Morningstar SMID Moat ETF 0.7 49 -14 6.9 +4.8
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.7 19 16 6.5 +4.5
VBR Vanguard Small Cap Value ETF 0.7 7 28 9.4 +7.4
IWF iShares Russell 1000 Growth ETF 0.7 19 16 4.5 +2.5
VONG Vanguard Russell 1000 Growth ETF 0.7 8 27 4.6 +2.6
DFSV Dimensional US Small Cap Value ETF 0.7 31 4 10.8 +8.8
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.7 18 17 7.8 +5.7
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.7 52 -17 7.0 +5.0
FDVV Fidelity High Dividend ETF 0.7 15 20 8.1 +6.1
JGRO JPMorgan Active Growth ETF 0.7 44 -9 3.6 +1.6
PRAY FIS Christian Stock Fund 0.7 69 -34 5.4 +3.4
EZM WisdomTree U.S. MidCap Fund 0.7 38 -3 9.4 +7.4
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.6 49 -14 4.3 +2.2
QQQS Invesco NASDAQ Future Gen 200 ETF 0.6 20 15 -3.6 -5.7
SMLF iShares U.S. SmallCap Equity Factor ETF 0.6 15 20 6.5 +4.5
SPMV Invesco S&P 500 Minimum Variance ETF 0.6 10 25 5.3 +3.3
IMCV iShares Morningstar Mid-Cap Value ETF 0.6 6 29 8.4 +6.3
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.6 10 25 4.5 +2.5
PSC Principal U.S. Small-Cap ETF 0.6 38 -3 7.0 +5.0
IWY iShares Russell Top 200 Growth ETF 0.6 20 15 4.7 +2.6
USXF iShares ESG Advanced MSCI USA ETF 0.6 10 25 4.8 +2.8
DEW WisdomTree Global High Dividend Fund 0.6 58 -23 8.8 +6.8
QDF FlexShares Quality Dividend Index Fund 0.6 37 -2 6.5 +4.5
RDVY First Trust Rising Dividend Achievers ETF 0.5 50 -15 7.6 +5.6
VFVA Vanguard U.S. Value Factor ETF 0.5 13 22 11.5 +9.5
ROUS Hartford Multifactor US Equity ETF 0.5 19 16 7.2 +5.1
JQUA JPMorgan U.S. Quality Factor ETF 0.5 12 23 5.9 +3.8
RWK Invesco S&P MidCap 400 Revenue ETF 0.5 39 -4 9.8 +7.8
DFAT Dimensional U.S. Targeted Value ETF 0.5 28 7 10.0 +8.0
OPTZ Optimize Strategy Index ETF 0.5 50 -15 5.1 +3.1
FPX First Trust US Equity Opportunities ETF 0.5 61 -26 1.1 -0.9
AVSC Avantis U.S Small Cap Equity ETF 0.5 25 10 6.3 +4.3
EES WisdomTree U.S. SmallCap Fund 0.5 38 -3 9.3 +7.3
INRO iShares U.S. Industry Rotation Active ETF 0.5 42 -7 4.9 +2.8
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.4 12 23 7.5 +5.5
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.4 47 -12 9.8 +7.8
FLDZ RiverNorth Patriot ETF 0.4 75 -40 5.8 +3.8
FYX First Trust Small Cap Core AlphaDEX Fund 0.4 61 -26 6.6 +4.6
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.4 30 5 8.2 +6.1
FELG Fidelity Enhanced Large Cap Growth ETF 0.4 18 17 4.9 +2.9
ONEY SPDR Russell 1000 Yield Focus ETF 0.4 20 15 9.8 +7.7
QQQ Invesco QQQ Trust Series I 0.3 20 15 4.2 +2.2
QQQM Invesco NASDAQ 100 ETF 0.3 15 20 4.3 +2.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.3 15 20 4.8 +2.8
GVLU Gotham 1000 Value ETF 0.3 50 -15 9.1 +7.1
GQQQ Astoria US Quality Growth Kings ETF 0.3 35 0 4.9 +2.9
AFSM First Trust Active Factor Small Cap ETF 0.3 75 -40 7.7 +5.6
DES WisdomTree U.S. SmallCap Dividend Fund 0.3 38 -3 9.6 +7.6
SELV SEI Enhanced Low Volatility U.S. Large Cap ETF 0.3 15 20 6.4 +4.4
CVAR Cultivar ETF 0.3 87 -52 7.2 +5.2
ONEQ Fidelity Nasdaq Composite Index ETF 0.3 21 14 4.0 +2.0
AVLV Avantis U.S. Large Cap Value ETF 0.3 15 20 8.0 +6.0
SPVU Invesco S&P 500 Enhanced Value ETF 0.2 13 22 10.2 +8.2
HLAL Wahed FTSE USA Shariah ETF 0.2 50 -15 5.0 +3.0
ARB AltShares Merger Arbitrage ETF 0.2 77 -42 3.9 +1.9
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 0.2 38 -3 10.5 +8.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 15 5.9 +3.9
ESIX SPDR S&P SmallCap 600 ESG ETF 0.2 12 23 8.6 +6.6
BLES Inspire Global Hope ETF 0.2 61 -26 6.9 +4.9
SIXS ETC 6 Meridian Small Cap Equity ETF 0.2 89 -54 10.4 +8.4
SQLV Royce Quant Small-Cap Quality Value ETF 0.2 60 -25 10.0 +8.0
FDM First Trust Dow Jones Select MicroCap Index Fund 0.2 60 -25 8.2 +6.1
XSLV Invesco S&P SmallCap Low Volatility ETF 0.2 25 10 7.8 +5.8
NZUS SPDR MSCI USA Climate Paris Aligned ETF 0.2 10 25 4.5 +2.4
ANEW ProShares MSCI Transformational Changes ETF 0.2 45 -10 6.2 +4.2
PTL Inspire 500 ETF 0.2 9 26 5.5 +3.5
DSI iShares MSCI KLD 400 Social ETF 0.2 25 10 5.1 +3.0
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 20 6.3 +4.2
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.2 24 11 8.2 +6.2
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.2 29 6 8.9 +6.9
GLOF iShares Global Equity Factor ETF 0.2 20 15 6.9 +4.9
CALF Pacer US Small Cap Cash Cows 100 ETF 0.2 59 -24 11.5 +9.5
IJJ iShares S&P Mid-Cap 400 Value ETF 0.2 18 17 9.2 +7.1
MDYV SPDR S&P 400 Mid Cap Value ETF 0.2 15 20 9.2 +7.2
DANA Dana Unconstrained Equity ETF 0.2 50 -15 3.1 +1.1
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.2 15 20 9.2 +7.2
FYT First Trust Small Cap Value AlphaDEX Fund 0.1 73 -38 11.6 +9.6
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 26 4.9 +2.9
SFLO VictoryShares Small Cap Free Cash Flow ETF 0.1 49 -14 12.3 +10.3
XSHQ Invesco S&P SmallCap Quality ETF 0.1 29 6 8.3 +6.3
LVOL American Century Low Volatility ETF 0.1 29 6 4.9 +2.9
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.1 15 20 9.4 +7.4
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -40 3.9 +1.8
XSMO Invesco S&P SmallCap Momentum ETF 0.1 39 -4 5.8 +3.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 23 5.3 +3.3
VFQY Vanguard U.S. Quality Factor ETF 0.0 13 22 6.4 +4.4
DHS WisdomTree U.S. High Dividend Fund 0.0 38 -3 8.3 +6.3
XLSR SPDR SSGA U.S. Sector Rotation ETF 0.0 70 -35 0.0 -2.0

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

  2020 2021 2022 2023 2024 2025E 2026E
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
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 SPDR S&P Aerospace & Defense 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 11.3 %
Divided by: Fwd. P/BV 4.7 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 2.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.56 CATEGORY
AVERAGE		 1.58
 
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.