SPDR S&P Aerospace & Defense ETF
ALTAR
Score™		 1.8% info Recommen-
dation		 AVOID
2023E    2024E
P/E
ratio		 41.3x P/Sales
ratio		 1.6x
P/BV
ratio		 3.7x Div.
yield		 0.8%


  • 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) $1,467
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 32
Wgt avg mkt cap (mns) $28,241
Large cap (>$10bn) 42.1%
Mid cap ($2-10bn) 42.9%
Small cap (<$2bn) 15.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
AXON ENTERPRISE INC 4.0 %
GENERAL DYNAMICS CORP 4.0 %
RAYTHEON TECHNOLOGIES CORPORATION 4.0 %
BWX TECHNOLOGIES, INC. 4.0 %
LOCKHEED MARTIN CORP 4.0 %
CURTISS-WRIGHT CORP 4.0 %
MAXAR TECHNOLOGIES, INC. 4.0 %
AEROJET ROCKETDYNE HOLDINGS, INC. 4.0 %
NORTHROP GRUMMAN CORP 3.9 %
HEICO CORP 3.9 %
Total 39.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.3 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
8.0% -2.9% 7.0% 14.9% 16.1%

Market Correlations
versus... Beta R-squared
S&P500 1.07 59%
MSCI EAFE 1.19 71%
MSCI Emg. Mkts. 0.76 34%

Technical Indicators
Recent close $114.61
30d moving avg. $117.04
Annualized volatility 29.1%
Short interest (ETF) 1.3%
Short interest (Underlying) 4.2%
Relative strength (RSI) 43

Liquidity measures
Avg. volume (thou.) 89
Turnover 0.7%
Bid/Ask (% of price) 0.09%
ADV underlying (mns) $2,427

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 507 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™: 1.8%


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 65.9 60 -25 4.5 +2.7
ITA iShares U.S. Aerospace & Defense ETF 58.2 39 -4 4.4 +2.6
PPA Invesco Aerospace & Defense ETF 51.8 61 -26 4.5 +2.7
ROKT SPDR S&P Kensho Final Frontiers ETF 51.2 45 -10 1.8 -0.0
FITE SPDR Kensho Future Security ETF 29.5 45 -10 3.5 +1.7
UAV AdvisorShares Drone Technology ETF 21.5 99 -64 5.7 +3.9
ORFN Constrained Capital ESG Orphans ETF 20.5 75 -40 6.6 +4.8
XLI Industrial Select Sector SPDR Fund 19.6 10 25 6.4 +4.6
UFO Procure Space ETF 19.0 75 -40 1.2 -0.6
FIDU Fidelity MSCI Industrials Index ETF 18.4 8 27 6.4 +4.6
VIS Vanguard Industrials Index Fund 18.0 10 25 6.1 +4.3
RGI Invesco S&P 500 Equal Weight Industrials ETF 13.8 40 -5 5.4 +3.6
ARKX ARK Space Exploration & Innovation ETF 13.7 75 -40 2.2 +0.4
IYJ iShares U.S. Industrials ETF 13.4 39 -4 6.4 +4.6
EXI iShares Global Industrials ETF 11.0 40 -5 6.5 +4.7
SAGP Strategas Global Policy Opportunities ETF 9.5 65 -30 7.7 +5.9
LOUP Innovator Loup Frontier Tech ETF 8.6 70 -35 2.1 +0.3
KOMP SPDR Kensho New Economies Composite ETF 8.5 20 15 -1.3 -3.1
PSCI Invesco S&P SmallCap Industrials ETF 8.3 29 6 8.4 +6.6
SAMT Strategas Macro Thematic Opportunities ETF 7.9 65 -30 4.2 +2.4
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF 7.7 75 -40 6.7 +4.9
DIVZ TrueShares Low Volatility Equity Income ETF 7.5 65 -30 10.3 +8.6
CGDV Capital Group Dividend Value ETF 7.1 33 2 6.9 +5.1
UVDV UVA Dividend Value ETF 7.0 80 -45 7.8 +6.1
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 6.8 61 -26 8.5 +6.8
BFTR Future Innovators ETF 6.8 80 -45 2.8 +1.0
JETS US Global Jets ETF 6.6 60 -25 -16.0 -17.8
CGUS Capital Group Core Equity ETF 6.2 33 2 6.7 +4.9
ARKQ Ark Autonomous Tech. & Robotics ETF 6.1 75 -40 2.0 +0.2
LYFE 2nd Vote Life Neutral Plus ETF 5.9 75 -40 7.7 +5.9
EGIS 2nd Vote Society Defended ETF 5.9 75 -40 7.5 +5.7
SRHQ SRH U.S. Quality ETF 5.8 35 0 9.1 +7.3
MAGA Point Bridge GOP Stock Tracker ETF 5.5 72 -37 7.1 +5.3
IETC iShares Evolved U.S. Technology ETF 5.3 18 17 6.0 +4.2
FBCV Fidelity Blue Chip Value ETF 5.1 59 -24 7.8 +6.1
GK AdvisorShares Gerber Kawasaki ETF 5.0 81 -46 5.4 +3.6
AUSF Global X Adaptive U.S. Factor ETF 5.0 27 8 8.0 +6.2
AILV Alpha Intelligent - Large Cap Value ETF 4.9 85 -50 7.4 +5.6
XMMO Invesco S&P MidCap Momentum ETF 4.8 33 2 8.7 +6.9
HVAL ALPS Hillman Active Value ETF 4.7 55 -20 8.2 +6.4
MTUM iShares MSCI USA Momentum Factor ETF 4.6 15 20 8.2 +6.4
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 4.6 20 15 8.8 +7.0
SPMO Invesco S&P 500 Momentum ETF 4.4 13 22 7.8 +6.0
FTCS First Trust Capital Strength ETF 4.3 55 -20 7.6 +5.8
HAIL SPDR S&P Kensho Smart Mobility ETF 4.3 45 -10 -5.4 -7.2
ITAN Sparkline Intangible Value ETF 4.2 50 -15 7.8 +6.0
MOON Direxion Moonshot Innovators ETF 4.1 65 -30 -28.9 -30.7
TMFG Motley Fool Global Opportunities ETF 4.0 85 -50 4.5 +2.7
TMFM Motley Fool Mid-Cap Growth ETF 4.0 85 -50 4.9 +3.1
DKRB Subversive Decarbonization ETF 4.0 75 -40 5.1 +3.3
NLR VanEck Uranium+Nuclear Energy ETF 4.0 60 -25 6.1 +4.3
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 4.0 35 0 8.7 +6.9
EQWL Invesco Russell Top 200 Equal Weight ETF 3.9 25 10 7.7 +5.9
CWS AdvisorShares Focused Equity ETF 3.9 66 -31 6.6 +4.8
MDCP VictoryShares THB Mid Cap ESG ETF 3.9 55 -20 6.5 +4.7
TINT ProShares Smart Materials ETF 3.9 58 -23 6.6 +4.8
DIA SPDR Dow Jones Industrial Average ETF Trust 3.9 16 19 7.2 +5.4
YALL God Bless America ETF 3.9 65 -30 4.3 +2.5
RUFF Alpha Dog ETF 3.9 90 -55 6.3 +4.6
DIP BTD Capital Fund 3.8 129 -94 7.1 +5.3
TRFM AAM Transformers ETF 3.8 49 -14 2.0 +0.2
DEIF Sterling Capital Diverse Multi-Manager Active ETF 3.8 65 -30 7.7 +5.9
JAVA JPMorgan Active Value ETF 3.8 44 -9 7.2 +5.4
FMIL Fidelity New Millennium ETF 3.8 59 -24 6.9 +5.1
VFMV Vanguard U.S. Minimum Volatility ETF 3.7 13 22 6.9 +5.2
PY Principal Shareholder Yield Index ETF 3.7 15 20 8.5 +6.7
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 3.7 25 10 6.9 +5.1
FLV American Century Focused Large Cap Value ETF 3.7 42 -7 7.4 +5.6
QTUM Defiance Quantum ETF 3.6 40 -5 4.7 +2.9
SCHD Schwab U.S. Dividend Equity ETF 3.6 6 29 9.7 +7.9
IVSG Invesco Select Growth ETF 3.5 48 -13 5.1 +3.3
TMFX Motley Fool Next Index ETF 3.5 50 -15 4.0 +2.2
FDVV Fidelity Core Dividend ETF 3.5 29 6 12.1 +10.3
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 3.4 60 -25 6.2 +4.4
JMOM JPMorgan U.S. Momentum Factor ETF 3.4 12 23 7.5 +5.7
STXV Strive 1000 Value ETF 3.4 18 17 9.3 +7.6
HUSV First Trust Horizon Managed Volatility Domestic ETF 3.3 70 -35 6.3 +4.5
TPHE Timothy Plan High Dividend Stock Enhanced ETF 3.3 52 -17 7.3 +5.5
TPHD Timothy Plan High Dividend Stock ETF 3.3 52 -17 7.7 +5.9
TMFS Motley Fool Small Cap Growth ETF 3.3 85 -50 4.1 +2.3
SIXL 6 Meridian Low Beta Equity Strategy ETF 3.3 82 -47 6.7 +5.0
MEME Roundhill MEME ETF 3.3 69 -34 -4.1 -5.8
FUNL CornerCap Fundametrics Large-Cap ETF 3.2 50 -15 9.0 +7.2
EQRR ProShares Equities for Rising Rates ETF 3.2 35 0 10.4 +8.6
EDOW First Trust Dow 30 Equal Weight ETF 3.2 50 -15 7.5 +5.7
VFMO Vanguard U.S. Momentum Factor ETF 3.2 13 22 4.4 +2.6
VLUE iShares MSCI USA Value Factor ETF 3.2 15 20 12.4 +10.6
XMHQ Invesco S&P MidCap Quality ETF 3.2 25 10 10.0 +8.2
MGV Vanguard Mega Cap Value ETF 3.2 7 28 8.4 +6.6
IQM Franklin Intelligent Machines ETF 3.2 50 -15 4.1 +2.3
IWX iShares Russell Top 200 Value ETF 3.1 20 15 8.0 +6.2
ILCV iShares Morningstar Value ETF 3.0 4 31 8.4 +6.6
XSMO Invesco S&P SmallCap Momentum ETF 3.0 39 -4 8.9 +7.2
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 3.0 25 10 11.0 +9.2
DURA VanEck Morningstar Durable Dividend ETF 3.0 29 6 9.2 +7.4
LVOL American Century Low Volatility ETF 2.9 29 6 6.7 +4.9
GURU Global X Guru Index ETF 2.9 75 -40 5.0 +3.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 2.9 12 23 7.3 +5.5
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 2.9 29 6 10.6 +8.8
SPLV Invesco S&P 500 Low Volatility ETF 2.9 25 10 6.8 +5.0
PRNT The 3D Printing ETF 2.9 66 -31 -3.2 -5.0
SCHV Schwab U.S. Large-Cap Value ETF 2.8 4 31 8.1 +6.3
FDMO Fidelity Momentum Factor ETF 2.7 29 6 6.7 +4.9
VSDA VictoryShares Dividend Accelerator ETF 2.7 35 0 7.2 +5.4
PFM Invesco Dividend Achievers ETF 2.7 53 -18 7.0 +5.3
VTV Vanguard Value Index Fund 2.7 4 31 8.6 +6.8
QDIV Global X S&P 500 Quality Dividend ETF 2.7 20 15 9.7 +7.9
QLV FlexShares US Quality Low Volatility Index Fund 2.7 22 13 6.7 +4.9
VYM Vanguard High Dividend Yield Index ETF 2.6 6 29 8.8 +7.0
GLRY Inspire Faithward Mid Cap Momentum ESG ETF 2.6 80 -45 8.6 +6.8
PSJ Invesco Dynamic Software ETF 2.6 56 -21 4.4 +2.6
LVHD Legg Mason Low Volatility High Dividend ETF 2.6 27 8 8.4 +6.6
VOOV Vanguard S&P 500 Value ETF 2.6 10 25 7.3 +5.5
IVE iShares S&P 500 Value ETF 2.6 18 17 7.2 +5.4
SPYV SPDR Portfolio S&P 500 Value ETF 2.6 4 31 7.3 +5.5
VBK Vanguard Small-Cap Growth Index Fund 2.6 7 28 1.8 +0.0
AQGX AI Quality Growth ETF 2.6 97 -62 5.4 +3.6
IWD iShares Russell 1000 Value ETF 2.5 18 17 8.0 +6.2
PDP Invesco DWA Momentum ETF 2.5 62 -27 5.9 +4.1
DIVB iShares Core Dividend 2.5 5 30 9.5 +7.7
JHSC John Hancock Multifactor Small Cap ETF 2.5 42 -7 7.4 +5.6
FLRG Fidelity U.S. Multifactor ETF 2.5 29 6 8.5 +6.7
IUSV iShares Core S&P U.S. Value ETF 2.5 4 31 7.5 +5.7
SDY SPDR S&P Dividend ETF 2.5 35 0 7.4 +5.6
SPXT ProShares S&P 500 Ex-Technology ETF 2.5 27 8 7.1 +5.3
PAVE Global X U.S. Infrastructure Development ETF 2.5 47 -12 7.7 +5.9
FDLO Fidelity Low Volatility Factor ETF 2.5 29 6 6.5 +4.7
VONV Vanguard Russell 1000 Value Index Fund 2.5 8 27 8.1 +6.3
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 2.4 52 -17 6.6 +4.8
TPLC Timothy Plan US Large Cap Core ETF 2.4 52 -17 7.2 +5.4
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 2.4 65 -30 2.4 +0.6
HLGE Hartford Longevity Economy ETF 2.4 44 -9 8.6 +6.8
MBOX Freedom Day Dividend ETF 2.4 39 -4 9.1 +7.3
BOSS Global X Founder-Run Companies ETF 2.3 45 -10 3.6 +1.8
VIG Vanguard Dividend Appreciation Index Fund 2.3 6 29 7.1 +5.3
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.3 49 -14 7.3 +5.5
PRN Invesco DWA Industrials Momentum ETF 2.3 60 -25 6.1 +4.3
FVD First Trust Value Line Dividend Index Fund 2.3 67 -32 6.9 +5.1
DGRO iShares Core Dividend Growth ETF 2.3 8 27 8.0 +6.2
DIVD Altrius Global Dividend ETF 2.3 49 -14 12.1 +10.3
SIMS SPDR S&P Kensho Intelligent Structures ETF 2.3 45 -10 0.1 -1.7
EVUS iShares ESG Aware MSCI USA Value ETF 2.3 18 17 8.4 +6.6
CLRG IQ Chaikin U.S. Large Cap ETF 2.3 25 10 6.9 +5.2
NUMG Nuveen ESG Mid-Cap Growth ETF 2.3 30 5 5.4 +3.7
CFA VictoryShares US 500 Volatility Weighted Index ETF 2.3 35 0 7.7 +5.9
STXD Strive 1000 Dividend Growth ETF 2.2 35 0 6.8 +5.0
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 2.2 35 0 7.7 +5.9
EQOP Natixis U.S. Equity Opportunities ETF 2.2 85 -50 6.5 +4.7
SPDV AAM S&P 500 High Dividend Value ETF 2.2 29 6 12.2 +10.4
SCHM Schwab U.S. Mid-Cap ETF 2.2 4 31 7.0 +5.2
DGT SPDR Global Dow ETF 2.2 50 -15 8.4 +6.6
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 2.2 15 20 15.1 +13.4
BBLU EA Bridgeway Blue Chip ETF 2.2 15 20 7.1 +5.3
IJK iShares S&P Mid-Cap 400 Growth ETF 2.2 17 18 7.6 +5.8
MDYG SPDR S&P 400 Mid Cap Growth ETF 2.2 15 20 7.6 +5.8
WBAT WisdomTree Battery Value Chain and Innovation Fund 2.1 45 -10 3.2 +1.4
SPXN ProShares S&P 500 Ex-Financials ETF 2.1 27 8 6.5 +4.7
SPXV ProShares S&P 500 Ex-Health Care ETF 2.1 27 8 6.3 +4.5
FEX First Trust Large Cap Core AlphaDEX Fund 2.1 59 -24 8.3 +6.5
VB Vanguard Small-Cap ETF 2.0 5 30 6.4 +4.6
ISCG iShares Morningstar Small-Cap Growth ETF 2.0 6 29 2.3 +0.5
GVIP Goldman Sachs Hedge Industry VIP ETF 2.0 45 -10 5.6 +3.8
AIVL WisdomTree U.S. AI Enhanced Value Fund 2.0 38 -3 7.5 +5.8
DBLV AdvisorShares DoubleLine Value Equity ETF 2.0 91 -56 13.1 +11.3
RWL Invesco S&P 500 Revenue ETF 2.0 39 -4 7.9 +6.1
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 2.0 17 18 8.7 +6.9
FTC First Trust Large Cap Growth AlphaDEX Fund 2.0 59 -24 6.7 +4.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 2.0 29 6 8.8 +7.0
FEMA Procure Disaster Recovery Strategy ETF 2.0 75 -40 5.9 +4.1
FFTY Innovator IBD 50 ETF 2.0 80 -45 2.3 +0.6
LSAF LeaderShares AlphaFactor US Core Equity ETF 2.0 75 -40 11.2 +9.4
OUSA ALPS O'Shares U.S. Quality Dividend ETF 2.0 48 -13 7.8 +6.0
IMCG iShares Morningstar Mid-Cap Growth ETF 2.0 6 29 5.5 +3.7
RSP Invesco S&P 500 Equal Weight ETF 2.0 20 15 7.4 +5.6
FNDX Schwab Fundamental U.S. Large Co. Index ETF 2.0 25 10 8.3 +6.5
RFG Invesco S&P Midcap 400 Pure Growth ETF 2.0 35 0 9.7 +7.9
LGLV SPDR Russell 1000 Low Volatility ETF 2.0 12 23 6.2 +4.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 1.9 25 10 8.2 +6.4
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.9 7 28 6.2 +4.4
JUSA JPMorgan ActiveBuilders U.S. Large Cap Equity ETF 1.9 17 18 6.9 +5.1
EUSA iShares MSCI USA Equal Weighted ETF 1.9 9 26 7.3 +5.5
FLLV Franklin Liberty U.S. Low Volatility ETF 1.9 29 6 6.6 +4.8
MGC Vanguard Mega Cap Index Fund 1.9 7 28 6.5 +4.7
IUS Invesco Strategic US ETF 1.9 19 16 8.1 +6.3
XJH iShares ESG Screened S&P Mid-Cap ETF 1.9 12 23 8.5 +6.8
ADME Aptus Drawdown Managed Equity ETF 1.9 79 -44 6.0 +4.2
IWL iShares Russell Top 200 ETF 1.9 15 20 6.5 +4.7
FAN First Trust Global Wind Energy ETF 1.9 62 -27 5.0 +3.2
ACVF American Conservative Values ETF 1.9 75 -40 5.9 +4.1
SIZE iShares MSCI USA Size Factor ETF 1.9 15 20 7.2 +5.4
JEPI JPMorgan Equity Premium Income ETF 1.9 35 0 6.4 +4.6
OEF iShares S&P 100 ETF 1.9 20 15 6.5 +4.7
DSTL Distillate US Fundamental Stability & Value ETF 1.9 39 -4 8.6 +6.9
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 1.9 15 20 6.6 +4.8
VIOG Vanguard S&P Small-Cap 600 Growth ETF 1.9 15 20 14.8 +13.0
LRND IQ U.S. Large Cap R&D Leaders ETF 1.9 14 21 6.8 +5.0
SPXE ProShares S&P 500 Ex-Energy ETF 1.8 27 8 6.5 +4.7
IJT iShares S&P Small-Cap 600 Growth ETF 1.8 18 17 7.4 +5.6
SLYG SPDR S&P 600 Small Cap Growth ETF 1.8 15 20 7.5 +5.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 1.8 9 26 7.1 +5.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 1.8 20 15 6.6 +4.8
SFYX Sofi Next 500 ETF 1.8 0 35 7.3 +5.5
BKLC BNY Mellon US Large Cap Core Equity ETF 1.8 0 35 6.6 +4.8
VNMC Natixis Vaughan Nelson Mid Cap ETF 1.8 85 -50 7.8 +6.0
DLN WisdomTree U.S. LargeCap Dividend Fund 1.8 28 7 7.9 +6.1
QQQN VictoryShares Nasdaq Next 50 ETF 1.8 18 17 6.8 +5.0
BUZZ VanEck Social Sentiment ETF 1.8 75 -40 1.5 -0.3
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 1.8 15 20 9.0 +7.2
PRF Invesco FTSE RAFI US 1000 ETF 1.8 39 -4 8.3 +6.5
ARB AltShares Merger Arbitrage ETF 1.8 67 -32 7.8 +6.0
QUAL iShares MSCI Usa Quality Factor ETF 1.8 15 20 7.9 +6.1
DFUS Dimensional U.S. Equity ETF 1.8 11 24 6.7 +4.9
SPY SPDR S&P 500 ETF Trust 1.8 9 26 6.8 +5.0
IVV iShares Core S&P 500 ETF 1.8 3 32 6.9 +5.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 1.8 11 24 6.7 +4.9
SPTM SPDR Portfolio Total Stock Market ETF 1.8 3 32 7.0 +5.2
STRV Strive 500 ETF 1.8 5 30 6.6 +4.9
MDY SPDR S&P Midcap 400 ETF Trust 1.8 22 13 8.5 +6.7
VOO VANGUARD S&P 500 ETF 1.8 3 32 6.9 +5.1
SPLG SPDR Portfolio S&P 500 ETF 1.8 3 32 6.9 +5.1
VONE Vanguard Russell 1000 ETF 1.8 8 27 6.7 +4.9
PBUS Invesco PureBeta MSCI USA ETF 1.8 4 31 6.8 +5.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 1.8 20 15 6.6 +4.8
VV Vanguard Large-Cap Index Fund 1.8 4 31 6.7 +4.9
VTI Vanguard Total Stock Market Index Fund 1.8 3 32 6.5 +4.7
IWB iShares Russell 1000 ETF 1.8 15 20 6.6 +4.8
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 1.7 7 28 6.7 +4.9
DGRW WisdomTree U.S. Quality Dividend Growth Fund 1.7 28 7 7.2 +5.4
STXK Strive Small-Cap ETF 1.7 18 17 6.4 +4.6
VOTE Engine No. 1 Transform 500 ETF 1.7 5 30 6.5 +4.7
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 1.7 25 10 7.8 +6.0
IVOO Vanguard S&P Mid-Cap 400 ETF 1.7 10 25 17.4 +15.6
REVS Columbia Research Enhanced Value ETF 1.7 19 16 9.6 +7.9
HACK ETFMG Prime Cyber Security ETF 1.7 60 -25 4.9 +3.1
SCHK Schwab 1000 Index ETF 1.7 5 30 6.7 +4.9
SCHX Schwab U.S. Large-Cap ETF 1.7 3 32 6.7 +4.9
IYY iShares Dow Jones U.S. ETF 1.7 20 15 6.5 +4.7
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 1.7 19 16 8.7 +6.9
ILCB iShares Morningstar U.S. Equity ETF 1.7 3 32 6.8 +5.0
VTHR Vanguard Russell 3000 Index Fund 1.7 10 25 6.5 +4.7
IJH iShares Core S&P Mid-Cap ETF 1.7 5 30 8.7 +6.9
IWV iShares Russell 3000 ETF 1.7 20 15 6.4 +4.6
SPMD SPDR Portfolio Mid Cap ETF 1.7 5 30 8.7 +6.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 1.7 2 33 6.7 +4.9
SCHB Schwab U.S. Broad Market ETF 1.7 3 32 6.6 +4.8
JHML John Hancock Multifactor Large Cap ETF 1.7 29 6 7.1 +5.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 1.7 3 32 6.5 +4.7
CGGR Capital Group Growth ETF 1.7 39 -4 5.0 +3.2
DFAU Dimensional US Core Equity Market ETF 1.7 12 23 6.9 +5.1
SFYF SoFi 50 ETF 1.7 29 6 -7.9 -9.7
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 1.7 95 -60 2.7 +0.9
VBR Vanguard Small Cap Value Index Fund 1.7 7 28 9.6 +7.8
DTD WisdomTree U.S.Total Dividend Fund 1.7 28 7 8.3 +6.5
SPVM Invesco S&P 500 Value with Momentum ETF 1.7 39 -4 10.1 +8.4
ISMD Inspire Small/Mid Cap Impact ETF 1.7 48 -13 6.8 +5.0
DFSV Dimensional US Small Cap Value ETF 1.6 31 4 9.5 +7.7
BKSE BNY Mellon US Small Cap Core Equity ETF 1.6 4 31 6.5 +4.7
VLU SPDR S&P 1500 Value Tilt ETF 1.6 12 23 8.8 +7.0
LEGR First Trust Indxx Innovative Transaction & Process ETF 1.6 65 -30 9.0 +7.2
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 1.6 17 18 5.9 +4.1
ONEO SPDR Russell 1000 Momentum Focus ETF 1.6 20 15 9.3 +7.5
TPSC Timothy Plan US Small Cap Core ETF 1.6 52 -17 9.3 +7.5
ISCB iShares Morningstar Small-Cap ETF 1.6 4 31 5.6 +3.8
DFUV Dimensional US Marketwide Value ETF 1.6 23 12 9.5 +7.7
SMMD iShares Russell 2500 ETF 1.6 15 20 6.8 +5.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 1.6 9 26 7.4 +5.6
SHE SPDR SSGA Gender Diversity Index ETF 1.6 20 15 6.9 +5.1
ROCI ROC ETF 1.6 49 -14 5.5 +3.7
RNDV US Equity Dividend Select ETF 1.5 50 -15 10.0 +8.2
RNMC Mid Cap US Equity Select ETF 1.5 60 -25 10.0 +8.2
RVRB Reverb ETF 1.5 30 5 6.7 +4.9
VOT Vanguard Mid-Cap Growth Index Fund 1.5 7 28 5.5 +3.7
QVML Invesco S&P 500 QVM Multi-factor ETF 1.5 11 24 7.1 +5.3
WKLY SoFi Weekly Dividend ETF 1.5 49 -14 9.4 +7.6
FNDA Schwab Fundamental U.S. Small Co. Index ETF 1.5 25 10 7.4 +5.6
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.5 35 0 6.9 +5.1
JVAL JPMorgan U.S. Value Factor ETF 1.5 12 23 10.2 +8.4
PSET Principal Price Setters Index ETF 1.5 15 20 7.4 +5.6
YPS Arrow Reverse Cap 500 ETF 1.5 29 6 7.1 +5.3
DFAS Dimensional U.S. Small Cap ETF 1.5 28 7 7.5 +5.7
DUHP Dimensional US High Profitability ETF 1.5 22 13 9.0 +7.2
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 1.5 25 10 7.4 +5.6
NZUS SPDR MSCI USA Climate Paris Aligned ETF 1.5 10 25 6.3 +4.5
VIOO Vanguard S&P Small-Cap 600 ETF 1.5 10 25 17.0 +15.2
RECS Columbia Research Enhanced Core ETF 1.5 15 20 7.8 +6.0
ESGU iShares MSCI USA ESG Optimized ETF 1.5 15 20 6.7 +4.9
PWV Invesco Dynamic Large Cap Value ETF 1.5 58 -23 9.3 +7.5
DFAC Dimensional U.S. Core Equity 2 ETF 1.5 19 16 7.5 +5.7
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 1.5 15 20 8.8 +7.0
SFY SoFi Select 500 ETF 1.5 0 35 6.9 +5.1
RNLC Large Cap US Equity Select ETF 1.4 60 -25 7.7 +5.9
IJR iShares Core S&P Small Cap ETF 1.4 6 29 8.6 +6.8
SLY SPDR S&P 600 Small Cap ETF 1.4 15 20 8.5 +6.7
QDEF FlexShares Quality Dividend Defensive Index Fund 1.4 37 -2 7.7 +5.9
SCHA Schwab U.S. Small-Cap ETF 1.4 4 31 6.0 +4.2
SPSM SPDR Portfolio S&P 600 Small Cap ETF 1.4 5 30 8.6 +6.8
IWS iShares Russell Mid-Cap Value ETF 1.4 23 12 7.9 +6.1
FPAG FPA Global Equity ETF 1.4 49 -14 6.8 +5.0
IWN iShares Russell 2000 Value ETF 1.4 23 12 6.7 +4.9
VTWV Vanguard Russell 2000 Value Index Fund 1.4 15 20 6.7 +4.9
VDNI V-Shares US Leadership Diversity ETF 1.4 29 6 6.8 +5.0
FLQL Franklin LibertyQ U.S. Equity ETF 1.4 15 20 8.4 +6.6
FTA First Trust Large Cap Value AlphaDEX Fund 1.4 59 -24 10.2 +8.4
SIXA 6 Meridian Mega Cap Equity ETF 1.4 82 -47 8.6 +6.8
PWB Invesco Dynamic Large Cap Growth ETF 1.4 56 -21 5.4 +3.6
FMET Fidelity Metaverse ETF 1.4 39 -4 5.7 +3.9
DON WisdomTree U.S. MidCap Dividend Fund 1.3 38 -3 10.3 +8.5
IWR iShares Russell Midcap ETF 1.3 18 17 6.9 +5.1
XSVM Invesco S&P SmallCap Value with Momentum ETF 1.3 39 -4 12.9 +11.1
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 1.3 50 -15 3.7 +1.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.3 9 26 7.0 +5.2
VSLU Applied Finance Valuation Large Cap ETF 1.3 49 -14 8.0 +6.2
FSMD Fidelity Small-Mid Factor ETF 1.3 29 6 8.6 +6.9
XMLV Invesco S&P MidCap Low Volatility ETF 1.3 25 10 7.8 +6.0
AFLG First Trust Active Factor Large Cap ETF 1.3 55 -20 8.2 +6.4
SIXS 6 Meridian Small Cap Equity ETF 1.3 100 -65 9.8 +8.0
IMCB iShares Morningstar Mid-Cap ETF 1.3 4 31 7.4 +5.6
TOK iShares MSCI Kokusai ETF 1.3 25 10 7.0 +5.2
BKMC BNY Mellon US Mid Cap Core Equity ETF 1.3 4 31 7.4 +5.6
EWMC Invesco S&P MidCap 400 Equal Weight ETF 1.3 40 -5 8.5 +6.7
KOKU Xtrackers MSCI Kokusai Equity ETF 1.3 9 26 7.2 +5.4
VXF Vanguard Extended Market Index Fund 1.3 6 29 4.5 +2.7
NUSC Nuveen ESG Small-Cap ETF 1.3 30 5 5.9 +4.1
MOAT VanEck Morningstar Wide Moat ETF 1.3 47 -12 6.2 +4.4
AVUS Avantis U.S. Equity ETF 1.3 15 20 7.8 +6.1
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 1.3 69 -34 8.0 +6.2
IVOV Vanguard S&P Mid-Cap 400 Value ETF 1.3 15 20 19.9 +18.1
WGRO WisdomTree U.S. Growth & Momentum Fund 1.2 55 -20 7.7 +5.9
PBSM Invesco PureBeta MSCI USA Small Cap ETF 1.2 6 29 5.9 +4.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.2 63 -28 5.3 +3.5
IJJ iShares S&P Mid-Cap 400 Value ETF 1.2 18 17 9.9 +8.2
QUS SPDR MSCI USA StrategicFactors ETF 1.2 15 20 7.2 +5.5
MDYV SPDR S&P 400 Mid Cap Value ETF 1.2 15 20 10.0 +8.2
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.2 39 -4 5.8 +4.0
EPS WisdomTree U.S. Earnings 500 Fund 1.2 8 27 8.3 +6.6
XSLV Invesco S&P SmallCap Low Volatility ETF 1.2 25 10 8.1 +6.3
USMF WisdomTree U.S. Multifactor Fund 1.2 28 7 9.4 +7.6
URTH iShares MSCI World ETF 1.2 24 11 7.1 +5.3
AILG Alpha Intelligent - Large Cap Growth ETF 1.2 85 -50 4.5 +2.8
IWP iShares Russell Mid-Cap Growth ETF 1.2 23 12 5.6 +3.8
TTAC TrimTabs US Free Cash Flow Quality ETF 1.2 59 -24 8.2 +6.4
SSPY Syntax Stratified LargeCap ETF 1.2 30 5 7.7 +5.9
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 1.2 60 -25 6.4 +4.6
FCPI Fidelity Stocks for Inflation ETF 1.2 29 6 10.3 +8.5
FYC First Trust Small Cap Growth AlphaDEX Fund 1.2 70 -35 3.9 +2.1
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.2 15 20 4.5 +2.7
QQQS Invesco NASDAQ Future Gen 200 ETF 1.2 20 15 -8.3 -10.1
MIDE Xtrackers S&P MidCap 400 ESG ETF 1.2 15 20 9.2 +7.5
CSML IQ Chaikin U.S. Small Cap ETF 1.1 35 0 6.9 +5.1
ISCV iShares Morningstar Small Cap Value ETF 1.1 6 29 9.0 +7.2
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.1 45 -10 2.2 +0.4
BNE Blue Horizon BNE ETF 1.1 87 -52 5.2 +3.4
EQAL Invesco Russell 1000 Equal Weight ETF 1.1 20 15 7.2 +5.4
IUSG iShares Core S&P US Growth ETF 1.1 4 31 7.0 +5.3
BOTZ Global X Robotics & Artificial Intelligence ETF 1.1 68 -33 2.7 +0.9
VIOV Vanguard S&P Small-Cap 600 Value ETF 1.1 15 20 19.2 +17.4
FDRR Fidelity Dividend ETF for Rising Rates 1.1 29 6 9.8 +8.0
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.1 39 -4 9.4 +7.6
AFMC First Trust Active Factor Mid Cap ETF 1.1 65 -30 10.3 +8.5
JHMM John Hancock Multifactor Mid Cap ETF 1.1 41 -6 8.3 +6.5
ARVR First Trust Indxx Metaverse ETF 1.1 70 -35 4.7 +2.9
QLC FlexShares US Quality Large Cap Index Fund 1.1 25 10 7.6 +5.8
GSPY Gotham Enhanced 500 ETF 1.1 50 -15 7.1 +5.3
ACWI iShares MSCI ACWI ETF 1.1 32 3 7.2 +5.4
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 1.1 108 -73 4.0 +2.2
VOOG Vanguard S&P 500 Growth ETF 1.1 10 25 7.0 +5.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 1.1 19 16 7.9 +6.1
IVW iShares S&P 500 Growth ETF 1.0 18 17 6.9 +5.1
SPYG SPDR Portfolio S&P 500 Growth ETF 1.0 4 31 7.0 +5.2
IJS iShares S&P Small-cap 600 Value ETF 1.0 18 17 9.5 +7.7
SLYV SPDR S&P 600 Small Cap Value ETF 1.0 15 20 9.5 +7.8
VONG Vanguard Russell 1000 Growth Index Fund 1.0 8 27 6.3 +4.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 1.0 12 23 6.7 +4.9
DTEC ALPS Disruptive Technologies ETF 1.0 50 -15 4.5 +2.8
VT Vanguard Total World Stock ETF 1.0 7 28 7.3 +5.5
NACP Impact Shares NAACP Minority Empowerment ETF 1.0 49 -14 6.6 +4.8
IWM iShares Russell 2000 ETF 1.0 19 16 4.9 +3.1
CGGO Capital Group Global Growth Equity ETF 1.0 47 -12 4.9 +3.1
SPHQ Invesco S&P 500 Quality ETF 1.0 15 20 7.0 +5.2
IWF iShares Russell 1000 Growth ETF 1.0 18 17 6.1 +4.4
VTWO Vanguard Russell 2000 Index Fund 1.0 10 25 4.9 +3.1
STXG Strive 1000 Growth ETF 1.0 18 17 5.8 +4.0
VO Vanguard Mid-Cap Index Fund 1.0 4 31 7.3 +5.5
AVSC Avantis U.S Small Cap Equity ETF 1.0 25 10 5.6 +3.8
ICAP InfraCap Equity Income Fund ETF 1.0 80 -45 11.2 +9.4
MOTG VanEck Morningstar Global Wide Moat ETF 1.0 52 -17 7.1 +5.3
DEF Invesco Defensive Equity ETF 1.0 55 -20 6.8 +5.0
IWY iShares Russell Top 200 Growth ETF 1.0 20 15 6.3 +4.5
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 1.0 20 15 6.5 +4.7
LRGF iShares Edge MSCI Multifactor USA ETF 1.0 8 27 7.9 +6.1
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 1.0 60 -25 7.0 +5.3
WRND IQ Global Equity R&D Leaders ETF 0.9 18 17 8.5 +6.7
ROUS Hartford Multifactor US Equity ETF 0.9 19 16 8.7 +6.9
FXZ First Trust Materials AlphaDEX Fund 0.9 64 -29 12.7 +10.9
EZM WisdomTree U.S. MidCap Earnings Fund 0.9 38 -3 12.2 +10.4
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.9 39 -4 9.1 +7.3
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.9 75 -40 7.7 +5.9
SSLY Syntax Stratified SmallCap ETF 0.9 35 0 7.7 +5.9
VUG Vanguard Growth Index Fund 0.9 4 31 5.5 +3.7
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.9 65 -30 5.9 +4.1
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.9 12 23 7.8 +6.0
BRNY Burney U.S. Factor Rotation ETF 0.9 79 -44 9.3 +7.6
WTV WisdomTree US Value Fund 0.9 12 23 9.9 +8.1
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.9 20 15 8.7 +6.9
FAB First Trust Multi Cap Value AlphaDEX Fund 0.9 69 -34 11.9 +10.1
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.9 35 0 9.5 +7.7
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.9 18 17 9.1 +7.3
MRND IQ U.S. Mid Cap R&D Leaders ETF 0.9 16 19 0.2 -1.6
XOUT GraniteShares XOUT U.S. Large Cap ETF 0.9 60 -25 6.2 +4.5
QGRO American Century STOXX U.S. Quality Growth ETF 0.9 29 6 7.2 +5.4
IOO iShares Global 100 ETF 0.8 40 -5 7.2 +5.4
MOHR Collaborative Investment Series Trust - Mohr Growth ETF 0.8 96 -61 5.5 +3.7
ESGS Columbia Sustainable U.S. Equity Income ETF 0.8 35 0 8.5 +6.7
ZECP Zacks Earnings Consistent Portfolio ETF 0.8 55 -20 6.7 +4.9
FVAL Fidelity Value Factor ETF 0.8 29 6 10.1 +8.3
DVY iShares Select Dividend ETF 0.8 39 -4 9.7 +7.9
IYM iShares U.S. Basic Materials ETF 0.8 39 -4 8.2 +6.4
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 0.8 38 -3 11.9 +10.1
QWLD SPDR MSCI World StrategicFactors ETF 0.8 30 5 7.6 +5.8
MGK Vanguard Mega Cap Growth ETF 0.8 7 28 5.6 +3.8
BLES Inspire Global Hope Large Cap ETF 0.8 49 -14 7.2 +5.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.8 20 15 7.5 +5.7
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 0.8 30 5 10.9 +9.1
FQAL Fidelity Quality Factor ETF 0.8 29 6 7.8 +6.0
QDF FlexShares Quality Dividend Index Fund 0.8 37 -2 8.7 +7.0
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.8 10 25 6.3 +4.5
FBCG Fidelity Blue Chip Growth ETF 0.8 59 -24 2.9 +1.1
SMDY Syntax Stratified MidCap ETF 0.8 35 0 8.5 +6.7
VALQ American Century STOXX U.S. Quality Value ETF 0.7 29 6 11.0 +9.2
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.7 24 11 9.3 +7.5
DES WisdomTree U.S. SmallCap Dividend Fund 0.7 38 -3 10.4 +8.6
JQUA JPMorgan U.S. Quality Factor ETF 0.7 12 23 7.3 +5.5
EES WisdomTree SmallCap Earnings Fund 0.7 38 -3 13.3 +11.5
XJR iShares ESG Screened S&P Small-Cap ETF 0.7 12 23 8.0 +6.2
DFAT Dimensional U.S. Targeted Value ETF 0.7 29 6 10.1 +8.3
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.7 9 26 5.1 +3.3
FYX First Trust Small Cap Core AlphaDEX Fund 0.7 61 -26 9.3 +7.6
SXQG 6 Meridian Quality Growth ETF 0.7 100 -65 5.6 +3.8
PKW Invesco Buyback Achievers ETF 0.7 64 -29 10.3 +8.5
VFVA Vanguard U.S. Value Factor ETF 0.6 13 22 13.0 +11.2
IWO iShares Russell 2000 Growth ETF 0.6 23 12 3.1 +1.3
VTWG Vanguard Russell 2000 Growth Index Fund 0.6 15 20 3.2 +1.4
RZV Invesco S&P Smallcap 600 Pure Value ETF 0.6 35 0 13.8 +12.0
FDG American Century Focused Dynamic Growth ETF 0.6 45 -10 3.4 +1.6
PSC Principal U.S. Small Cap Index ETF 0.6 38 -3 9.8 +8.0
FNX First Trust Mid Cap Core AlphaDEX Fund 0.6 59 -24 9.6 +7.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.6 20 15 8.5 +6.8
VFMF Vanguard U.S. Multifactor ETF 0.6 18 17 10.8 +9.0
SCHG Schwab U.S. Large-Cap Growth ETF 0.6 40 -5 5.2 +3.4
IMCV iShares Morningstar Mid-Cap Value ETF 0.6 6 29 9.5 +7.7
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.6 80 -45 7.1 +5.3
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 0.5 35 0 9.4 +7.6
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 0.5 36 -1 9.4 +7.6
COWZ Pacer US Cash Cows 100 ETF 0.5 49 -14 13.1 +11.3
SVAL iShares US Small Cap Value Factor ETF 0.5 20 15 12.6 +10.9
XT iShares Exponential Technologies ETF 0.5 46 -11 3.8 +2.0
NVQ QRAFT AI-Enhanced US Next Value ETF 0.5 75 -40 13.4 +11.7
ACWF iShares MSCI Global Multifactor ETF 0.5 35 0 9.8 +8.1
ILCG iShares Morningstar Growth ETF 0.5 4 31 5.5 +3.7
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.5 64 -29 8.2 +6.4
VOE Vanguard Mid-Cap Value Index Fund 0.5 7 28 9.2 +7.4
DWAS Invesco DWA SmallCap Momentum ETF 0.5 60 -25 2.2 +0.4
SUSA iShares MSCI USA ESG Select ETF 0.5 25 10 6.5 +4.7
RFFC RiverFront Dynamic US Flex-Cap ETF 0.4 52 -17 7.1 +5.3
GVLU Gotham 1000 Value ETF 0.4 50 -15 12.1 +10.3
FNK First Trust Mid Cap Value AlphaDEX Fund 0.4 70 -35 13.7 +12.0
FLDZ RiverNorth Volition America Patriot ETF 0.4 70 -35 7.3 +5.5
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.4 24 11 9.6 +7.8
RWK Invesco S&P MidCap 400 Revenue ETF 0.4 39 -4 11.1 +9.3
NULC Nuveen ESG Large-Cap ETF 0.4 20 15 6.4 +4.7
RYJ Invesco Raymond James SB-1 Equity ETF 0.4 81 -46 5.9 +4.1
IWC iShares Micro-Cap ETF 0.4 60 -25 -4.6 -6.4
RNSC Small Cap US Equity Select ETF 0.4 60 -25 9.0 +7.2
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.3 60 -25 10.5 +8.7
HAP VanEck Natural Resources ETF 0.3 49 -14 9.4 +7.6
DRLL Strive U.S. Energy ETF 0.3 41 -6 7.9 +6.1
USMV iShares Edge MSCI Min Vol USA ETF 0.3 15 20 6.8 +5.0
DEEP Roundhill Acquirers Deep Value ETF 0.3 80 -45 18.3 +16.5
FDM First Trust Dow Jones Select Microcap Index Fund 0.3 60 -25 10.1 +8.3
DIV Global X SuperDividend US ETF 0.3 45 -10 8.8 +7.0
FYT First Trust Small Cap Value AlphaDEX Fund 0.3 71 -36 13.4 +11.6
STLV iShares Factors US Value Style ETF 0.3 25 10 10.7 +8.9
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.3 14 21 6.6 +4.8
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 0.3 30 5 9.3 +7.5
ONEY SPDR Russell 1000 Yield Focus ETF 0.3 20 15 11.0 +9.2
MVPS Amplify Thematic All-Stars ETF 0.3 49 -14 2.1 +0.3
FPX First Trust US IPO Index Fund 0.2 57 -22 3.2 +1.4
AFSM First Trust Active Factor Small Cap ETF 0.2 75 -40 10.1 +8.3
EGUS iShares ESG Aware MSCI USA Growth ETF 0.2 15 20 5.5 +3.7
USXF iShares ESG Advanced MSCI USA ETF 0.2 10 25 6.4 +4.6
CATH Global X S&P 500 Catholic Values Custom ETF 0.2 29 6 6.5 +4.8
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.2 18 17 6.6 +4.9
TMFC Motley Fool 100 Index ETF 0.2 50 -15 5.4 +3.6
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.2 15 20 6.4 +4.6
SQEW LeaderShares Equity Skew ETF 0.2 75 -40 6.5 +4.7
XVV iShares ESG Screened S&P 500 ETF 0.2 8 27 6.7 +4.9
XSHQ Invesco S&P SmallCap Quality ETF 0.2 29 6 12.3 +10.5
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.2 21 14 4.7 +3.0
SPVU Invesco S&P 500 Enhanced Value ETF 0.1 13 22 13.2 +11.4
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 0.1 20 15 7.2 +5.4
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 20 9.4 +7.6
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.1 29 6 8.9 +7.1
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 0.1 35 0 9.1 +7.3
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 26 6.5 +4.7
DHS WisdomTree U.S. High Dividend Fund 0.0 38 -3 10.3 +8.5
HKND Humankind US Stock ETF 0.0 11 24 8.4 +6.6
AVUV Avantis U.S. Small Cap Value ETF 0.0 25 10 11.9 +10.1

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

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RESULTS & ESTIMATES

  2018 2019 2020 2021 2022 2023E 2024E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

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

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

OTHER FUNDAMENTAL METRICS

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

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2022 2023E 2024E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 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 7.0 %
Divided by: Fwd. P/BV 3.3 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 1.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.59 CATEGORY
AVERAGE		 1.52
 
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.