SPDR S&P Oil & Gas Equipment & Services ETF
ALTAR
Score™		 -0.9% info Recommen-
dation		 AVOID
2024E    2025E
P/E
ratio		 15.7x P/Sales
ratio		 0.9x
P/BV
ratio		 1.8x Div.
yield		 1.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
SPDR Oil & Gas Equipment & Services ETF objective is to replicate as closely as possible the performance of the S&P Oil & Gas Equipment & Services Select Industry Index, an equal-weighted inde

FUND BASICS
Category US Equities
Fund Sponsor SSGA Funds Management Inc
Website www.spdrs.com
Inception date Jun 19, 2006
Assets (mns) $326
Currency USD
Expense ratio 35 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 29
Wgt avg mkt cap (mns) $12,500
Large cap (>$10bn) 36.2%
Mid cap ($2-10bn) 43.8%
Small cap (<$2bn) 18.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
FRANK'S INTERNATIONAL NV 21.6 %
TECHNIPFMC PLC 4.5 %
APERGY CORP. 4.4 %
TIDEWATER INC 4.4 %
CACTUS, INC. CLASS A 4.3 %
TRANSOCEAN LTD 4.3 %
HALLIBURTON CO 4.3 %
HELMERICH & PAYNE 4.2 %
BAKER HUGHES COMPANY CLASS A 4.2 %
NATIONAL OILWELL VARCO INC 4.2 %
Total 60.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 66.6 %
NETHERLANDS 21.6 %
SWITZERLAND 8.4 %
BRITAIN 4.5 %
BERMUDA 3.8 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
10.4% 25.0% -3.0% -13.6% -5.5%

Market Correlations
versus... Beta R-squared
S&P500 0.90 14%
MSCI EAFE 1.05 18%
MSCI Emg. Mkts. 0.60 6%

Technical Indicators
Recent close $92.66
30d moving avg. $83.40
Annualized volatility 42.8%
Short interest (ETF) 4.2%
Short interest (Underlying) 5.6%
Relative strength (RSI) 40

Liquidity measures
Avg. volume (thou.) 89
Turnover 2.5%
Bid/Ask (% of price) 0.08%
ADV underlying (mns) $2,797

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 391 potential alternatives to the SPDR S&P Oil & Gas Equipment & Services ETF ETF based on the alternatives' overlap in portfolio holdings with XES. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: XES Expense: 35 bp ALTAR Score™: -0.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH XES
Ticker Fund
Name		 Overlap1
vs XES
(%)		 Expense
ratio
(bp)		 Savings
vs XES
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs XES
(%)
PXJ Invesco Oil & Gas Services ETF 72.8 63 -28 2.8 +3.7
IEZ iShares U.S. Oil Equipment & Services ETF 63.4 40 -5 2.3 +3.2
OIH VanEck Oil Services ETF 59.6 35 0 2.1 +3.0
PXI Invesco Dorsey Wright Energy Momentum ETF 19.3 60 -25 7.2 +8.1
RSPG Invesco S&P 500 Equal Weight Energy ETF 12.4 40 -5 7.2 +8.1
FENY Fidelity MSCI Energy Index ETF 10.8 8 27 6.9 +7.8
VDE Vanguard Energy ETF 10.6 10 25 6.9 +7.8
FXN First Trust Energy AlphaDEX Fund 10.3 62 -27 3.4 +4.3
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 10.2 60 -25 8.0 +8.9
IYE iShares U.S. Energy ETF 8.3 40 -5 6.6 +7.5
XLE Energy Select Sector SPDR Fund 7.9 9 26 7.0 +7.9
FTXN First Trust Nasdaq Oil & Gas ETF 7.8 60 -25 7.2 +8.1
IGE iShares North American Natural Resources ETF 7.4 41 -6 6.4 +7.3
NVIR Horizon Kinetics Energy and Remediation ETF 7.0 85 -50 1.9 +2.8
CBSE Clough Select Equity ETF 7.0 85 -50 -2.3 -1.4
ROKT SPDR S&P Kensho Final Frontiers ETF 6.5 45 -10 -0.6 +0.3
QVAL Alpha Architect US Quantitative Value ETF 6.3 39 -4 11.1 +12.0
XSHQ Invesco S&P SmallCap Quality ETF 5.2 29 6 10.0 +10.9
CALF Pacer US Small Cap Cash Cows 100 ETF 4.8 59 -24 11.0 +11.9
IXC iShares Global Energy ETF 4.8 44 -9 8.3 +9.2
BOUT Innovator IBD Breakout Opportunities ETF 4.5 81 -46 2.8 +3.7
NUSC Nuveen ESG Small-Cap ETF 4.5 31 4 5.1 +6.0
FFTY Innovator IBD 50 ETF 4.1 80 -45 0.1 +1.0
FTGS First Trust Growth Strength ETF 4.0 60 -25 6.4 +7.3
DFSV Dimensional US Small Cap Value ETF 4.0 31 4 8.8 +9.7
AVUV Avantis U.S. Small Cap Value ETF 3.9 25 10 10.0 +10.9
USAI Pacer American Energy Independence ETF 3.9 75 -40 4.1 +5.0
RZG Invesco S&P Smallcap 600 Pure Growth ETF 3.9 35 0 7.1 +8.0
FSMO Fidelity Small-Mid Cap Opportunities ETF 3.7 60 -25 6.7 +7.6
TXS Texas Capital Texas Equity Index ETF 3.6 49 -14 5.5 +6.4
AVSC Avantis U.S Small Cap Equity ETF 3.5 25 10 5.4 +6.3
XSVM Invesco S&P SmallCap Value with Momentum ETF 3.5 36 -1 11.0 +11.9
COWS Amplify Cash Flow Dividend Leaders ETF 3.4 0 35 10.6 +11.5
SMCP AlphaMark Actively Managed Small Cap ETF 3.4 90 -55 6.8 +7.7
PEXL Pacer US Export Leaders ETF 3.4 60 -25 5.1 +6.0
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 3.3 60 -25 1.2 +2.1
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 3.3 60 -25 9.5 +10.4
FNK First Trust Mid Cap Value AlphaDEX Fund 3.2 70 -35 9.2 +10.1
DFAT Dimensional U.S. Targeted Value ETF 2.9 28 7 8.2 +9.1
RBLD First Trust Alerian US NextGen Infrastructure ETF 2.9 65 -30 5.1 +6.0
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 2.8 39 -4 4.5 +5.4
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 2.8 30 5 12.3 +13.2
VTWG Vanguard Russell 2000 Growth ETF 2.7 15 20 1.7 +2.6
YALL God Bless America ETF 2.7 65 -30 3.6 +4.5
EQRR ProShares Equities for Rising Rates ETF 2.7 35 0 7.9 +8.8
XMHQ Invesco S&P MidCap Quality ETF 2.7 25 10 7.0 +7.9
IWO iShares Russell 2000 Growth ETF 2.7 24 11 1.4 +2.3
IJT iShares S&P Small-Cap 600 Growth ETF 2.6 18 17 7.0 +7.9
SLYG SPDR S&P 600 Small Cap Growth ETF 2.6 15 20 7.0 +7.9
VNMC Natixis Vaughan Nelson Mid Cap ETF 2.6 85 -50 4.4 +5.3
VTWO Vanguard Russell 2000 ETF 2.5 10 25 3.8 +4.7
SAMT Strategas Macro Thematic Opportunities ETF 2.5 65 -30 4.7 +5.6
IWM iShares Russell 2000 ETF 2.5 19 16 3.6 +4.5
FNX First Trust Mid Cap Core AlphaDEX Fund 2.5 60 -25 6.0 +6.9
VFVA Vanguard U.S. Value Factor ETF 2.5 13 22 10.6 +11.5
VBK Vanguard Small-Cap Growth ETF 2.4 7 28 1.4 +2.3
DES WisdomTree U.S. SmallCap Dividend Fund 2.4 38 -3 8.1 +9.0
IWN iShares Russell 2000 Value ETF 2.4 24 11 5.6 +6.5
VTWV Vanguard Russell 2000 Value ETF 2.4 15 20 5.8 +6.7
BSVO EA Bridgeway Omni Small-Cap Value ETF 2.4 47 -12 9.7 +10.6
ESIX SPDR S&P SmallCap 600 ESG ETF 2.4 12 23 7.7 +8.6
VIOV Vanguard S&P Small-Cap 600 Value ETF 2.3 15 20 8.6 +9.5
ESML iShares ESG Aware MSCI USA Small-Cap ETF 2.3 17 18 5.4 +6.3
DFAS Dimensional U.S. Small Cap ETF 2.3 26 9 6.0 +6.9
BFOR ALPS Barron's 400 ETF 2.3 65 -30 6.5 +7.4
GVLU Gotham 1000 Value ETF 2.2 50 -15 7.4 +8.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 2.2 39 -4 9.4 +10.3
BKSE BNY Mellon US Small Cap Core Equity ETF 2.2 4 31 5.7 +6.6
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 2.2 15 20 8.2 +9.1
VFMF Vanguard U.S. Multifactor ETF 2.2 18 17 8.6 +9.5
RFG Invesco S&P Midcap 400 Pure Growth ETF 2.2 35 0 5.7 +6.6
CSMD Congress SMid Growth ETF 2.2 69 -34 4.2 +5.1
RZV Invesco S&P Smallcap 600 Pure Value ETF 2.1 35 0 10.4 +11.3
SMLE Xtrackers S&P SmallCap 600 ESG ETF 2.1 15 20 7.5 +8.4
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 2.1 35 0 5.4 +6.3
VIOO Vanguard S&P Small-Cap 600 ETF 2.1 10 25 7.7 +8.6
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.1 39 -4 4.8 +5.7
FNY First Trust Mid Cap Growth AlphaDEX Fund 2.0 70 -35 1.8 +2.7
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 2.0 38 -3 6.7 +7.6
XJR iShares ESG Screened S&P Small-Cap ETF 2.0 12 23 7.7 +8.6
RAYD Rayliant Quantitative Developed Market Equity ETF 2.0 80 -45 4.5 +5.4
SPSM SPDR Portfolio S&P 600 Small Cap ETF 2.0 3 32 8.2 +9.1
IJR iShares Core S&P Small Cap ETF 2.0 6 29 8.1 +9.0
SMLF iShares U.S. SmallCap Equity Factor ETF 2.0 15 20 5.8 +6.7
SIXS ETC 6 Meridian Small Cap Equity ETF 2.0 89 -54 9.0 +9.9
BIBL Inspire 100 ETF 2.0 35 0 4.8 +5.7
ISCG iShares Morningstar Small-Cap Growth ETF 1.9 6 29 2.4 +3.3
GRPM Invesco S&P MidCap 400 GARP ETF 1.9 35 0 9.9 +10.8
XSMO Invesco S&P SmallCap Momentum ETF 1.9 39 -4 7.7 +8.6
STXK Strive Small-Cap ETF 1.9 18 17 5.5 +6.4
VIOG Vanguard S&P Small-Cap 600 Growth ETF 1.9 15 20 6.9 +7.8
FYC First Trust Small Cap Growth AlphaDEX Fund 1.9 71 -36 0.9 +1.8
RNSC Furst Trust Small Cap US Equity Select ETF 1.9 60 -25 8.4 +9.3
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.8 20 15 6.7 +7.6
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.8 39 -4 8.9 +9.8
RUFF Alpha Dog ETF 1.8 94 -59 4.8 +5.7
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.8 60 -25 5.7 +6.6
AFSM First Trust Active Factor Small Cap ETF 1.8 75 -40 7.6 +8.5
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.7 60 -25 5.6 +6.5
CGGR Capital Group Growth ETF 1.7 39 -4 3.4 +4.3
MLPX Global X MLP & Energy Infrastructure ETF 1.7 45 -10 4.7 +5.6
CVY Invesco Zacks Multi-Asset Income ETF 1.7 106 -71 8.9 +9.8
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 1.7 95 -60 1.7 +2.6
FNDA Schwab Fundamental US Small Co. Index ETF 1.7 25 10 6.8 +7.7
EINC VanEck Energy Income ETF 1.7 48 -13 4.5 +5.4
ESGS Columbia U.S. ESG Equity Income ETF 1.7 35 0 6.3 +7.2
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 1.6 15 20 6.4 +7.3
FAB First Trust Multi Cap Value AlphaDEX Fund 1.6 67 -32 9.2 +10.1
PSC Principal U.S. Small-Cap ETF 1.6 38 -3 6.5 +7.4
FUNL CornerCap Fundametrics Large-Cap ETF 1.6 50 -15 6.9 +7.8
FYX First Trust Small Cap Core AlphaDEX Fund 1.6 61 -26 7.1 +8.0
IQSM IQ Candriam U.S. Mid Cap Equity ETF 1.6 15 20 6.3 +7.2
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 1.6 15 20 5.4 +6.3
SVAL iShares US Small Cap Value Factor ETF 1.5 20 15 11.4 +12.3
OSCV Opus Small Cap Value ETF 1.5 79 -44 6.4 +7.3
SFYX SoFi Next 500 ETF 1.5 0 35 5.6 +6.5
SCHA Schwab U.S. Small-Cap ETF 1.5 4 31 4.9 +5.8
NUMV Nuveen ESG Mid-Cap Value ETF 1.5 31 4 7.4 +8.3
VFMO Vanguard U.S. Momentum Factor ETF 1.5 13 22 2.7 +3.6
ISCB iShares Morningstar Small-Cap ETF 1.5 4 31 5.3 +6.2
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.4 29 6 7.3 +8.2
DFSU Dimensional US Sustainability Core 1 ETF 1.4 18 17 5.6 +6.5
FDM First Trust Dow Jones Select MicroCap Index Fund 1.4 60 -25 7.9 +8.8
FDG American Century Focused Dynamic Growth ETF 1.4 45 -10 2.6 +3.5
SPVM Invesco S&P 500 Value with Momentum ETF 1.4 39 -4 8.4 +9.3
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.4 9 26 3.9 +4.8
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.4 25 10 8.8 +9.7
ISMD Inspire Small/Mid Cap ETF 1.4 54 -19 6.0 +6.9
VOE Vanguard Mid-Cap Value ETF 1.4 7 28 7.4 +8.3
IJS iShares S&P Small-Cap 600 Value ETF 1.4 18 17 9.3 +10.2
SLYV SPDR S&P 600 Small Cap Value ETF 1.3 15 20 9.3 +10.2
BKWO BNY Mellon Women's Opportunities ETF 1.3 50 -15 3.8 +4.7
HAPY Harbor Human Capital Factor Unconstrained ETF 1.3 50 -15 4.7 +5.6
EES WisdomTree U.S. SmallCap Fund 1.3 38 -3 10.2 +11.1
IBOT Vaneck Robotics ETF 1.3 47 -12 3.6 +4.5
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 1.3 42 -7 7.5 +8.4
CSA VictoryShares US Small Cap Volatility Wtd ETF 1.3 35 0 7.6 +8.5
SNPV Xtrackers S&P 500 Value ESG ETF 1.3 15 20 6.8 +7.7
FTA First Trust Large Cap Value AlphaDEX Fund 1.3 59 -24 8.2 +9.1
VXF Vanguard Extended Market ETF 1.3 6 29 3.9 +4.8
EQAL Invesco Russell 1000 Equal Weight ETF 1.3 20 15 6.0 +6.9
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 1.3 35 0 9.1 +10.0
GNR SPDR S&P Global Natural Resources ETF 1.2 40 -5 9.2 +10.1
EZM WisdomTree U.S. MidCap Fund 1.2 38 -3 8.1 +9.0
VB Vanguard Small-Cap ETF 1.2 5 30 5.4 +6.3
JHSC John Hancock Multifactor Small Cap ETF 1.2 42 -7 6.2 +7.1
IWC iShares Micro-Cap ETF 1.2 60 -25 -4.3 -3.4
SHRY First Trust Bloomberg Shareholder Yield ETF 1.2 60 -25 7.0 +7.9
SSLY Syntax Stratified SmallCap ETF 1.2 40 -5 7.4 +8.3
TPSC Timothy Plan US Small Cap Core ETF 1.2 52 -17 7.6 +8.5
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.2 64 -29 2.0 +2.9
DKRB Subversive Decarbonization ETF 1.2 75 -40 0.0 +0.9
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 1.2 59 -24 8.4 +9.3
VRAI Virtus Real Asset Income ETF 1.2 55 -20 8.6 +9.5
KOMP SPDR S&P Kensho New Economies Composite ETF 1.1 20 15 2.1 +3.0
AUSF Global X Adaptive U.S. Factor ETF 1.1 27 8 9.0 +9.9
IMCG iShares Morningstar Mid-Cap Growth ETF 1.1 6 29 4.2 +5.1
DFUV Dimensional US Marketwide Value ETF 1.1 22 13 7.6 +8.5
FSST Fidelity Sustainable U.S. Equity ETF 1.1 59 -24 4.9 +5.8
AVLV Avantis U.S. Large Cap Value ETF 1.1 15 20 7.5 +8.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.1 20 15 5.5 +6.4
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.1 58 -23 4.8 +5.7
SUSA iShares MSCI USA ESG Select ETF 1.1 25 10 5.3 +6.2
TPYP Tortoise North American Pipeline Fund 1.1 40 -5 5.4 +6.3
IWS iShares Russell Mid-Cap Value ETF 1.0 23 12 6.6 +7.5
XMMO Invesco S&P MidCap Momentum ETF 1.0 34 1 5.1 +6.0
BUL Pacer US Cash Cows Growth ETF 1.0 60 -25 7.4 +8.3
ISCV iShares Morningstar Small Cap Value ETF 1.0 6 29 8.1 +9.0
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.0 24 11 7.8 +8.7
XJH iShares ESG Screened S&P Mid-Cap ETF 1.0 12 23 6.8 +7.7
AVUS Avantis U.S. Equity ETF 1.0 15 20 6.0 +6.9
DFAC Dimensional U.S. Core Equity 2 ETF 1.0 17 18 5.6 +6.5
FTWO Strive FAANG 2.0 ETF 1.0 49 -14 4.7 +5.6
RFFC ALPS Active Equity Opportunity ETF 1.0 48 -13 4.5 +5.4
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 1.0 15 20 7.1 +8.0
IJK iShares S&P Mid-Cap 400 Growth ETF 1.0 17 18 5.8 +6.7
MDYG SPDR S&P 400 Mid Cap Growth ETF 1.0 15 20 5.8 +6.7
DBLV AdvisorShares DoubleLine Value Equity ETF 1.0 90 -55 7.5 +8.4
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.9 4 31 6.1 +7.0
VO Vanguard Mid-Cap ETF 0.9 4 31 5.8 +6.7
SSPY Syntax Stratified LargeCap ETF 0.9 30 5 6.5 +7.4
TTAC FCF US Quality ETF 0.9 59 -24 6.5 +7.4
PDP Invesco Dorsey Wright Momentum ETF 0.9 62 -27 3.6 +4.5
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.9 7 28 5.7 +6.6
DFLV Dimensional US Large Cap Value ETF 0.9 22 13 7.8 +8.7
FEX First Trust Large Cap Core AlphaDEX Fund 0.9 59 -24 5.6 +6.5
NULV Nuveen ESG Large-Cap Value ETF 0.9 26 9 7.2 +8.1
MDY SPDR S&P Midcap 400 ETF Trust 0.9 23 12 6.7 +7.6
IVOO Vanguard S&P Mid-Cap 400 ETF 0.9 10 25 6.9 +7.8
RWK Invesco S&P MidCap 400 Revenue ETF 0.9 39 -4 8.6 +9.5
IJH iShares Core S&P Mid-Cap ETF 0.9 5 30 6.9 +7.8
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.9 3 32 6.9 +7.8
NTZG Nuveen Global Net Zero Transition ETF 0.9 56 -21 4.9 +5.8
FDWM Fidelity Women's Leadership ETF 0.8 59 -24 4.7 +5.6
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.8 35 0 4.8 +5.7
LCF Touchstone US Large Cap Focused ETF 0.8 69 -34 4.5 +5.4
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.8 15 20 7.4 +8.3
IWR iShares Russell Midcap ETF 0.8 19 16 5.7 +6.6
BOTZ Global X Robotics & Artificial Intelligence ETF 0.8 69 -34 2.3 +3.2
VFQY Vanguard U.S. Quality Factor ETF 0.8 13 22 7.2 +8.1
IJJ iShares S&P Mid-Cap 400 Value ETF 0.8 18 17 8.2 +9.1
MDYV SPDR S&P 400 Mid Cap Value ETF 0.8 15 20 8.2 +9.1
HAP VanEck Natural Resources ETF 0.8 50 -15 9.5 +10.4
JHMM John Hancock Multifactor Mid Cap ETF 0.8 42 -7 6.6 +7.5
VAMO Cambria Value & Momentum ETF 0.8 61 -26 9.7 +10.6
FDMO Fidelity Momentum Factor ETF 0.8 15 20 3.7 +4.6
VYM Vanguard High Dividend Yield Index ETF 0.8 6 29 7.4 +8.3
AFMC First Trust Active Factor Mid Cap ETF 0.8 65 -30 7.5 +8.4
WCEO Hypatia Women CEO ETF 0.8 85 -50 5.1 +6.0
CGW Invesco S&P Global Water Index ETF 0.7 57 -22 3.7 +4.6
SCHM Schwab U.S. Mid-Cap ETF 0.7 4 31 6.3 +7.2
IUSV iShares Core S&P US Value ETF 0.7 4 31 6.8 +7.7
VONV Vanguard Russell 1000 Value ETF 0.7 8 27 6.7 +7.6
IVE iShares S&P 500 Value ETF 0.7 18 17 6.6 +7.5
SPYV SPDR Portfolio S&P 500 Value ETF 0.7 4 31 6.7 +7.6
IWD iShares Russell 1000 Value ETF 0.7 19 16 6.6 +7.5
ITAN Sparkline Intangible Value ETF 0.7 50 -15 6.1 +7.0
HAPI Harbor Human Capital Factor US Large Cap ETF 0.7 36 -1 4.7 +5.6
IMCB iShares Morningstar Mid-Cap ETF 0.7 4 31 6.1 +7.0
NUDV Nuveen ESG Dividend ETF 0.7 26 9 7.5 +8.4
HLAL Wahed FTSE USA Shariah ETF 0.7 50 -15 4.9 +5.8
NULC Nuveen ESG Large-Cap ETF 0.7 21 14 5.5 +6.4
ZECP Zacks Earnings Consistent Portfolio ETF 0.7 55 -20 5.0 +5.9
TPHE Timothy Plan High Dividend Stock Enhanced ETF 0.7 54 -19 6.2 +7.1
RSP Invesco S&P 500 Equal Weight ETF 0.6 20 15 6.2 +7.1
TPHD Timothy Plan High Dividend Stock ETF 0.6 52 -17 6.3 +7.2
SUSL iShares ESG MSCI USA Leaders ETF 0.6 10 25 5.1 +6.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 26 6.0 +6.9
DFAU Dimensional US Core Equity Market ETF 0.6 12 23 5.3 +6.2
RNMC First Trust Mid Cap US Equity Select ETF 0.6 60 -25 7.8 +8.7
STXV Strive 1000 Value ETF 0.6 18 17 7.8 +8.7
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.6 25 10 5.6 +6.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.6 29 6 6.3 +7.2
QQQS Invesco NASDAQ Future Gen 200 ETF 0.6 20 15 -7.7 -6.8
IFRA iShares U.S. Infrastructure ETF 0.6 30 5 6.3 +7.2
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.6 58 -23 5.4 +6.3
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.6 52 -17 5.4 +6.3
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.6 10 25 5.1 +6.0
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.6 45 -10 4.6 +5.5
EUSA iShares MSCI USA Equal Weighted ETF 0.5 9 26 6.1 +7.0
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.5 29 6 9.1 +10.0
IWX iShares Russell Top 200 Value ETF 0.5 20 15 6.5 +7.4
VOOV Vanguard S&P 500 Value ETF 0.5 10 25 5.6 +6.5
SMDY Syntax Stratified MidCap ETF 0.5 35 0 6.3 +7.2
RFV Invesco S&P Midcap 400 Pure Value ETF 0.5 35 0 8.8 +9.7
DON WisdomTree U.S. MidCap Dividend Fund 0.5 38 -3 8.6 +9.5
FNDB Schwab Fundamental US Broad Market Index ETF 0.5 25 10 7.1 +8.0
DSMC Distillate Small/Mid Cash Flow ETF 0.5 55 -20 11.7 +12.6
JMOM JPMorgan U.S. Momentum Factor ETF 0.5 12 23 4.8 +5.7
RWL Invesco S&P 500 Revenue ETF 0.5 39 -4 6.6 +7.5
USVT US Value ETF 0.5 49 -14 11.3 +12.2
DUHP Dimensional US High Profitability ETF 0.5 21 14 7.0 +7.9
DGT SPDR Global Dow ETF 0.5 50 -15 6.6 +7.5
VOT Vanguard Mid-Cap Growth ETF 0.5 7 28 4.1 +5.0
EMLP First Trust North American Energy Infrastructure Fund 0.5 95 -60 5.4 +6.3
PRF Invesco FTSE RAFI US 1000 ETF 0.5 39 -4 7.3 +8.2
WTV WisdomTree US Value Fund of Benef Interest 0.5 12 23 8.7 +9.6
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.5 9 26 5.0 +5.9
DFUS Dimensional U.S. Equity ETF 0.5 9 26 5.1 +6.0
BUZZ VanEck Social Sentiment ETF 0.5 75 -40 -0.7 +0.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.5 3 32 5.1 +6.0
BLES Inspire Global Hope ETF 0.5 61 -26 6.3 +7.2
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.5 15 20 4.9 +5.8
SQLV Royce Quant Small-Cap Quality Value ETF 0.5 60 -25 9.0 +9.9
VTHR Vanguard Russell 3000 ETF 0.5 10 25 5.0 +5.9
IWV iShares Russell 3000 ETF 0.5 20 15 5.0 +5.9
BTHM BlackRock Future U.S. Themes ETF 0.5 60 -25 4.2 +5.1
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.5 32 3 5.2 +6.1
SPXT ProShares S&P 500 Ex-Technology ETF 0.4 9 26 5.6 +6.5
FNDX Schwab Fundamental US Large Co. Index ETF 0.4 25 10 7.1 +8.0
VTI Vanguard Total Stock Market ETF 0.4 3 32 5.0 +5.9
SCHB Schwab U.S. Broad Market ETF 0.4 3 32 5.2 +6.1
DFNV Donoghue Forlines Innovation ETF 0.4 69 -34 5.0 +5.9
JGRO JPMorgan Active Growth ETF 0.4 44 -9 3.4 +4.3
SIZE iShares MSCI USA Size Factor ETF 0.4 15 20 6.0 +6.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.4 24 11 8.0 +8.9
SFY SoFi Select 500 ETF 0.4 0 35 5.1 +6.0
DGRW WisdomTree US Quality Dividend Growth Fund 0.4 28 7 6.2 +7.1
SNPE Xtrackers S&P 500 ESG ETF 0.4 10 25 5.2 +6.1
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.4 7 28 5.1 +6.0
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.4 3 32 5.4 +6.3
VLU SPDR S&P 1500 Value Tilt ETF 0.4 12 23 7.1 +8.0
LRGF iShares U.S. Equity Factor ETF 0.4 8 27 5.8 +6.7
ILCG iShares Morningstar Growth ETF 0.4 4 31 4.0 +4.9
IUS Invesco RAFI Strategic US ETF 0.4 19 16 7.2 +8.1
SCHK Schwab 1000 Index ETF 0.4 5 30 5.2 +6.1
DSI iShares MSCI KLD 400 Social ETF 0.4 25 10 5.1 +6.0
REVS Columbia Research Enhanced Value ETF 0.4 19 16 7.7 +8.6
SCHG Schwab U.S. Large-Cap Growth ETF 0.4 4 31 4.2 +5.1
IYY iShares Dow Jones U.S. ETF 0.4 20 15 5.0 +5.9
XVV iShares ESG Screened S&P 500 ETF 0.4 8 27 5.1 +6.0
SPXN ProShares S&P 500 Ex-Financials ETF 0.4 9 26 5.2 +6.1
VTV Vanguard Value ETF 0.4 4 31 7.0 +7.9
CGUS Capital Group Core Equity ETF 0.4 33 2 4.6 +5.5
FTC First Trust Large Cap Growth AlphaDEX Fund 0.4 59 -24 2.8 +3.7
VBR Vanguard Small Cap Value ETF 0.4 7 28 8.2 +9.1
SCHX Schwab U.S. Large-Cap ETF 0.4 3 32 5.2 +6.1
SPXV ProShares S&P 500 Ex-Health Care ETF 0.4 9 26 5.1 +6.0
VONE Vanguard Russell 1000 ETF 0.3 8 27 5.2 +6.1
IWB iShares Russell 1000 ETF 0.3 15 20 5.1 +6.0
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.3 20 15 5.0 +5.9
CATH Global X S&P 500 Catholic Values Custom ETF 0.3 29 6 5.1 +6.0
CFA VictoryShares US 500 Volatility Wtd ETF 0.3 35 0 6.0 +6.9
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.3 40 -5 5.9 +6.8
QVML Invesco S&P 500 QVM Multi-factor ETF 0.3 11 24 5.1 +6.0
SCHV Schwab U.S. Large-Cap Value ETF 0.3 4 31 6.7 +7.6
VOO Vanguard S&P 500 ETF 0.3 3 32 5.3 +6.2
SPLG SPDR Portfolio S&P 500 ETF 0.3 2 33 5.2 +6.1
IVV iShares Core S&P 500 ETF 0.3 3 32 5.2 +6.1
SPY SPDR S&P 500 ETF Trust 0.3 9 26 5.2 +6.1
ESGU iShares ESG Aware MSCI USA ETF 0.3 15 20 5.2 +6.1
ACVF American Conservative Values ETF 0.3 75 -40 4.4 +5.3
ADME Aptus Drawdown Managed Equity ETF 0.3 79 -44 4.3 +5.2
STRV Strive 500 ETF 0.3 5 30 5.1 +6.0
JHML John Hancock Multifactor Large Cap ETF 0.3 29 6 5.6 +6.5
VV Vanguard Large-Cap ETF 0.3 4 31 5.2 +6.1
PBUS Invesco MSCI USA ETF 0.3 4 31 5.2 +6.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 26 5.7 +6.6
PKW Invesco Buyback Achievers ETF 0.3 62 -27 7.1 +8.0
ILCB iShares Morningstar U.S. Equity ETF 0.3 3 32 5.2 +6.1
SMMD iShares Russell 2500 ETF 0.3 15 20 6.0 +6.9
DTD WisdomTree U.S. Total Dividend Fund 0.3 28 7 6.5 +7.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.3 7 28 5.2 +6.1
BKLC BNY Mellon US Large Cap Core Equity ETF 0.3 0 35 5.2 +6.1
VOTE TCW Transform 500 ETF 0.3 5 30 5.2 +6.1
DHS WisdomTree U.S. High Dividend Fund 0.3 38 -3 8.8 +9.7
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.3 2 33 5.2 +6.1
ESGG FlexShares STOXX Global ESG Select Index Fund 0.3 42 -7 5.1 +6.0
RVRB Reverb ETF 0.3 30 5 4.9 +5.8
EBLU Ecofin Global Water ESG Fund 0.3 40 -5 3.9 +4.8
VUG Vanguard Growth ETF 0.3 4 31 4.2 +5.1
FSMD Fidelity Small-Mid Multifactor ETF 0.3 15 20 7.6 +8.5
GSPY Gotham Enhanced 500 ETF 0.3 50 -15 5.2 +6.1
IMCV iShares Morningstar Mid-Cap Value ETF 0.3 6 29 8.0 +8.9
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.3 14 21 5.3 +6.2
EGUS iShares ESG Aware MSCI USA Growth ETF 0.3 18 17 4.3 +5.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 24 5.2 +6.1
SQEW LeaderShares Equity Skew ETF 0.3 81 -46 6.0 +6.9
ONEO SPDR Russell 1000 Momentum Focus ETF 0.3 20 15 7.1 +8.0
FYT First Trust Small Cap Value AlphaDEX Fund 0.3 73 -38 11.7 +12.6
VT Vanguard Total World Stock ETF 0.3 7 28 5.8 +6.7
QQQM Invesco NASDAQ 100 ETF 0.3 15 20 4.6 +5.5
QQQ Invesco QQQ Trust Series I 0.3 20 15 4.6 +5.5
TOK iShares MSCI Kokusai ETF 0.2 26 9 5.2 +6.1
ILCV iShares Morningstar Value ETF 0.2 4 31 6.7 +7.6
MGV Vanguard Mega Cap Value ETF 0.2 7 28 6.8 +7.7
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.2 12 23 7.3 +8.2
URTH iShares MSCI World ETF 0.2 24 11 5.3 +6.2
IWP iShares Russell Mid-Cap Growth ETF 0.2 23 12 3.8 +4.7
GDEF Goldman Sachs Defensive Equity ETF 0.2 55 -20 4.4 +5.3
STXG Strive 1000 Growth ETF 0.2 18 17 4.2 +5.1
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 26 5.4 +6.3
EVUS iShares ESG Aware MSCI USA Value ETF 0.2 18 17 6.7 +7.6
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.2 75 -40 4.6 +5.5
NANC Unusual Whales Subversive Democratic Trading ETF 0.2 75 -40 3.7 +4.6
IWL iShares Russell Top 200 ETF 0.2 15 20 5.0 +5.9
MGC Vanguard Mega Cap ETF 0.2 7 28 5.0 +5.9
ACWI iShares MSCI ACWI ETF 0.2 32 3 5.4 +6.3
ONEQ Fidelity Nasdaq Composite Index ETF 0.2 21 14 3.8 +4.7
SAGP Strategas Global Policy Opportunities ETF 0.2 65 -30 4.5 +5.4
DLN WisdomTree U.S. LargeCap Dividend Fund 0.2 28 7 6.2 +7.1
MGK Vanguard Mega Cap Growth ETF 0.2 7 28 4.3 +5.2
DIVB iShares Core Dividend ETF 0.2 5 30 8.0 +8.9
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.2 20 15 5.0 +5.9
VOOG Vanguard S&P 500 Growth ETF 0.2 10 25 5.4 +6.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.2 12 23 4.4 +5.3
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.2 35 0 7.4 +8.3
EPS WisdomTree U.S. LargeCap Fund 0.2 8 27 6.2 +7.1
WOMN Impact Shares YWCA Women's Empowerment ETF 0.2 75 -40 4.9 +5.8
JAVA JPMorgan Active Value ETF 0.1 44 -9 6.3 +7.2
TMFX Motley Fool Next Index ETF 0.1 50 -15 3.4 +4.3
RECS Columbia Research Enhanced Core ETF 0.1 15 20 5.6 +6.5
GINN Goldman Sachs Innovate Equity ETF 0.1 52 -17 2.7 +3.6
IETC iShares U.S. Tech Independence Focused ETF 0.1 18 17 4.4 +5.3
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 20 6.0 +6.9
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 20 6.0 +6.9
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 18 7.1 +8.0
QGRO American Century U.S. Quality Growth ETF 0.1 29 6 5.8 +6.7
APUE ActivePassive U.S. Equity ETF 0.1 45 -10 4.9 +5.8
FPX First Trust US Equity Opportunities ETF 0.1 61 -26 0.6 +1.5
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 5 6.0 +6.9
KRUZ Unusual Whales Subversive Republican Trading ETF 0.1 75 -40 4.9 +5.8
IUSG iShares Core S&P U.S. Growth ETF 0.1 4 31 4.6 +5.5
ROUS Hartford Multifactor US Equity ETF 0.0 19 16 6.4 +7.3
IWF iShares Russell 1000 Growth ETF 0.0 19 16 4.6 +5.5
VONG Vanguard Russell 1000 Growth ETF 0.0 8 27 4.8 +5.7
DGRO iShares Core Dividend Growth ETF 0.0 8 27 6.5 +7.4
HKND Humankind US Stock ETF 0.0 11 24 6.9 +7.8
TEQI T. Rowe Price Equity Income ETF 0.0 54 -19 4.1 +5.0
TDVG T. Rowe Price Dividend Growth ETF 0.0 50 -15 4.9 +5.8
PSCE Invesco S&P SmallCap Energy ETF 0.0 29 6 5.9 +6.8

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

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

 

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

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

OTHER FUNDAMENTAL METRICS

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

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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

Historical valuation trends

Forward
multiple:		 SPDR S&P Oil & Gas Equipment & Services 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 -0.9 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 35 bp
Equals: ALTAR Score -0.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.44 CATEGORY
AVERAGE		 1.55
 
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.