SPDR S&P Oil & Gas Equipment & Services ETF
ALTAR
Score™		 3.4% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 16.2x P/Sales
ratio		 0.9x
P/BV
ratio		 1.2x Div.
yield		 4.0%


  • 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) $156
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 26
Wgt avg mkt cap (mns) $6,967
Large cap (>$10bn) 21.4%
Mid cap ($2-10bn) 45.7%
Small cap (<$2bn) 28.6%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
BAKER HUGHES COMPANY CLASS A 6.0 %
TIDEWATER INC 5.8 %
VALARIS LTD 5.4 %
TRANSOCEAN LTD 5.0 %
TECHNIPFMC PLC 4.9 %
ARCHROCK INC. 4.9 %
NOBLE CORP PLC 4.7 %
WEATHERFORD INTERNATIONAL PL 4.6 %
HALLIBURTON CO 4.6 %
SCHLUMBERGER LTD 4.4 %
Total 50.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 68.3 %
SWITZERLAND 8.9 %
BRITAIN 4.6 %
NETHERLANDS 2.7 %
BERMUDA 1.0 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-15.0% -31.4% 15.5% -10.0% -6.4%

Market Correlations
versus... Beta R-squared
S&P500 1.23 24%
MSCI EAFE 1.01 18%
MSCI Emg. Mkts. 0.26 1%

Technical Indicators
Recent close $70.47
30d moving avg. $66.13
Annualized volatility 38.5%
Short interest (ETF) 4.2%
Short interest (Underlying) 5.6%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 47
Turnover 2.1%
Bid/Ask (% of price) 0.08%
ADV underlying (mns) $1,449

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 467 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™: 3.4%


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 56.6 63 -28 4.9 +1.5
IEZ iShares U.S. Oil Equipment & Services ETF 52.7 40 -5 5.0 +1.6
OIH VanEck Oil Services ETF 47.8 35 0 4.8 +1.5
PSCE Invesco S&P SmallCap Energy ETF 35.3 29 6 11.3 +8.0
FXN First Trust Energy AlphaDEX Fund 16.1 62 -27 13.6 +10.3
RSPG Invesco S&P 500 Equal Weight Energy ETF 14.5 40 -5 10.6 +7.3
FTXN First Trust Nasdaq Oil & Gas ETF 10.6 60 -25 12.1 +8.8
PXI Invesco Dorsey Wright Energy Momentum ETF 10.3 60 -25 7.1 +3.8
FENY Fidelity MSCI Energy Index ETF 9.7 8 27 8.9 +5.6
VDE Vanguard Energy ETF 8.9 9 26 8.8 +5.5
GRPZ Invesco S&P SmallCap 600 GARP ETF 8.7 35 0 7.1 +3.8
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF 8.5 59 -24 4.3 +0.9
XLE Energy Select Sector SPDR Fund 8.2 8 27 8.9 +5.6
IYE iShares U.S. Energy ETF 8.1 40 -5 8.8 +5.4
NDIV Amplify Natural Resources Dividend Income ETF 7.0 59 -24 13.6 +10.3
EQRR ProShares Equities for Rising Rates ETF 5.9 35 0 8.0 +4.6
ROKT SPDR S&P Kensho Final Frontiers ETF 5.7 45 -10 2.0 -1.3
IGE iShares North American Natural Resources ETF 5.6 41 -6 7.5 +4.1
CCNR ALPS CoreCommodity Natural Resources ETF 5.6 39 -4 11.0 +7.7
SFLO VictoryShares Small Cap Free Cash Flow ETF 5.4 49 -14 11.2 +7.9
COWS Amplify Cash Flow Dividend Leaders ETF 5.1 0 35 11.8 +8.4
NVIR Horizon Kinetics Energy and Remediation ETF 5.1 85 -50 6.8 +3.4
EIPX FT Energy Income Partners Strategy ETF 5.0 95 -60 7.5 +4.1
QDIV Global X S&P 500 Quality Dividend ETF 4.7 20 15 8.6 +5.3
FLOW Global X U.S. Cash Flow Kings 100 ETF 4.5 25 10 11.1 +7.7
CALF Pacer US Small Cap Cash Cows 100 ETF 4.4 59 -24 10.7 +7.3
USAI Pacer American Energy Independence ETF 4.3 75 -40 4.4 +1.1
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 4.2 60 -25 9.0 +5.7
IXC iShares Global Energy ETF 4.2 44 -9 10.0 +6.7
FTGS First Trust Growth Strength ETF 4.2 60 -25 5.0 +1.6
FTDS First Trust Dividend Strength ETF 4.1 70 -35 7.5 +4.1
FYT First Trust Small Cap Value AlphaDEX Fund 4.1 73 -38 10.5 +7.1
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 4.0 38 -3 9.7 +6.4
AVUV Avantis U.S. Small Cap Value ETF 3.9 25 10 9.7 +6.3
NANR SPDR S&P North American Natural Resources ETF 3.9 35 0 7.9 +4.5
SIXS ETC 6 Meridian Small Cap Equity ETF 3.8 89 -54 9.6 +6.2
FDM First Trust Dow Jones Select MicroCap Index Fund 3.8 60 -25 7.4 +4.1
SPGP Invesco S&P 500 GARP ETF 3.8 34 1 6.4 +3.1
SPDV AAM S&P 500 High Dividend Value ETF 3.5 29 6 10.5 +7.1
VFLO VictoryShares Free Cash Flow ETF 3.5 39 -4 10.4 +7.0
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 3.4 35 0 9.0 +5.7
MGMT Ballast Small/Mid Cap ETF 3.2 110 -75 8.1 +4.8
COWZ Pacer US Cash Cows 100 ETF 3.2 49 -14 9.3 +6.0
TXS Texas Capital Texas Equity Index ETF 3.1 49 -14 5.6 +2.3
SHRY First Trust Bloomberg Shareholder Yield ETF 3.0 60 -25 8.0 +4.6
AVIE Avantis  Inflation Focused Equity ETF 3.0 25 10 7.3 +4.0
RZG Invesco S&P Smallcap 600 Pure Growth ETF 2.9 35 0 4.0 +0.7
CVY Invesco Zacks Multi-Asset Income ETF 2.9 106 -71 12.2 +8.8
MVPA Miller Value Partners Appreciation ETF 2.9 60 -25 9.3 +6.0
RBLD First Trust Alerian US NextGen Infrastructure ETF 2.9 65 -30 4.9 +1.6
DES WisdomTree U.S. SmallCap Dividend Fund 2.8 38 -3 9.2 +5.8
EBLU Ecofin Global Water ESG Fund 2.7 40 -5 4.2 +0.8
FFSM Fidelity Fundamental Small-Mid Cap ETF 2.6 43 -8 6.1 +2.7
SURE AdvisorShares Insiders Advantage ETF 2.6 90 -55 9.5 +6.1
ONEY SPDR Russell 1000 Yield Focus ETF 2.6 20 15 9.4 +6.1
EINC VanEck Energy Income ETF 2.5 48 -13 5.2 +1.9
SCHD Schwab US Dividend Equity ETF 2.5 6 29 9.6 +6.2
TPHD Timothy Plan High Dividend Stock ETF 2.5 52 -17 7.0 +3.6
TPHE Timothy Plan High Dividend Stock Enhanced ETF 2.5 54 -19 7.0 +3.6
PY Principal Value ETF 2.5 15 20 7.1 +3.8
AVMV Avantis U.S. Mid Cap Value ETF 2.5 20 15 8.6 +5.2
PEXL Pacer US Export Leaders ETF 2.5 60 -25 4.5 +1.2
BSVO EA Bridgeway Omni Small-Cap Value ETF 2.5 47 -12 8.9 +5.5
GRPM Invesco S&P MidCap 400 GARP ETF 2.4 35 0 7.5 +4.1
HAPS Harbor Human Capital Factor US Small Cap ETF 2.4 60 -25 3.9 +0.6
MLPX Global X MLP & Energy Infrastructure ETF 2.4 45 -10 5.5 +2.1
IJT iShares S&P Small-Cap 600 Growth ETF 2.4 18 17 5.4 +2.1
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 2.3 55 -20 4.6 +1.2
SWP SWP Growth & Income ETF 2.3 99 -64 4.1 +0.7
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 2.3 29 6 8.2 +4.8
FYX First Trust Small Cap Core AlphaDEX Fund 2.3 61 -26 5.9 +2.6
NUSC Nuveen ESG Small-Cap ETF 2.3 31 4 5.3 +2.0
NULV Nuveen ESG Large-Cap Value ETF 2.2 26 9 6.3 +2.9
SLYG SPDR S&P 600 Small Cap Growth ETF 2.2 15 20 5.5 +2.1
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 2.2 60 -25 5.3 +1.9
CBSE Clough Select Equity ETF 2.2 85 -50 0.9 -2.5
EIPI FT Energy Income Partners Enhanced Income ETF 2.2 110 -75 6.3 +2.9
FAB First Trust Multi Cap Value AlphaDEX Fund 2.1 67 -32 9.8 +6.4
IQM Franklin Intelligent Machines ETF 2.1 50 -15 2.0 -1.3
VFVA Vanguard U.S. Value Factor ETF 2.1 13 22 10.8 +7.4
GVLU Gotham 1000 Value ETF 2.1 50 -15 8.9 +5.5
NUMV Nuveen ESG Mid-Cap Value ETF 2.1 31 4 6.9 +3.6
DSMC Distillate Small/Mid Cash Flow ETF 2.0 55 -20 11.7 +8.4
FDLS Inspire Fidelis Multi Factor ETF 2.0 76 -41 5.1 +1.7
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.0 10 25 5.6 +2.2
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 2.0 30 5 13.0 +9.7
SMRI Bushido Capital US Equity ETF 2.0 71 -36 9.5 +6.2
FESM Fidelity Enhanced Small Cap ETF 2.0 28 7 7.2 +3.9
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.9 60 -25 4.6 +1.2
AVSC Avantis U.S Small Cap Equity ETF 1.9 25 10 5.5 +2.2
QVAL Alpha Architect US Quantitative Value ETF 1.9 39 -4 9.7 +6.4
SIMS SPDR S&P Kensho Intelligent Structures ETF 1.9 45 -10 5.4 +2.1
EES WisdomTree U.S. SmallCap Fund 1.9 38 -3 8.6 +5.3
RNIN Bushido Capital US SMID Cap Equity ETF 1.8 70 -35 10.3 +6.9
XSHQ Invesco S&P SmallCap Quality ETF 1.8 29 6 7.1 +3.7
SVAL iShares US Small Cap Value Factor ETF 1.8 20 15 10.2 +6.8
FTA First Trust Large Cap Value AlphaDEX Fund 1.8 59 -24 8.9 +5.5
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.8 60 -25 7.4 +4.0
AIEQ AI Powered Equity ETF 1.7 75 -40 3.7 +0.3
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.7 65 -30 2.1 -1.3
DFSV Dimensional US Small Cap Value ETF 1.7 31 4 9.9 +6.6
ISMD Inspire Small/Mid Cap ETF 1.7 54 -19 5.5 +2.1
IJR iShares Core S&P Small Cap ETF 1.7 6 29 7.6 +4.2
VOE Vanguard Mid-Cap Value ETF 1.7 7 28 7.6 +4.2
EVX VanEck Environmental Services ETF 1.6 55 -20 2.2 -1.2
INFL Horizon Kinetics Inflation Beneficiaries ETF 1.6 85 -50 3.9 +0.6
RWJ Invesco S&P SmallCap 600 Revenue ETF 1.6 39 -4 9.6 +6.2
SPSM SPDR Portfolio S&P 600 Small Cap ETF 1.6 3 32 7.6 +4.2
BIBL Inspire 100 ETF 1.6 35 0 5.1 +1.8
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 1.5 59 -24 6.1 +2.7
IMCV iShares Morningstar Mid-Cap Value ETF 1.5 6 29 8.0 +4.7
DFAT Dimensional U.S. Targeted Value ETF 1.5 28 7 9.2 +5.8
IBOT Vaneck Robotics ETF 1.5 47 -12 4.3 +1.0
TPYP Tortoise North American Pipeline Fund 1.5 40 -5 5.7 +2.3
RDVY First Trust Rising Dividend Achievers ETF 1.5 50 -15 6.8 +3.4
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 1.5 15 20 7.7 +4.4
VIOO Vanguard S&P Small-Cap 600 ETF 1.5 7 28 7.6 +4.2
PSC Principal U.S. Small-Cap ETF 1.5 38 -3 6.8 +3.4
CSMD Congress SMid Growth ETF 1.5 69 -34 3.9 +0.5
BKSE BNY Mellon US Small Cap Core Equity ETF 1.5 4 31 5.9 +2.6
JGLO JPMorgan Global Select Equity ETF 1.5 33 2 4.9 +1.6
FEGE First Eagle Global Equity ETF 1.4 79 -44 7.0 +3.7
FITE SPDR S&P Kensho Future Security ETF 1.4 45 -10 1.6 -1.7
RFV Invesco S&P Midcap 400 Pure Value ETF 1.4 35 0 12.9 +9.5
STXK Strive Small-Cap ETF 1.4 18 17 5.8 +2.5
LRGC AB US Large Cap Strategic Equities ETF 1.4 48 -13 4.4 +1.1
FNK First Trust Mid Cap Value AlphaDEX Fund 1.4 70 -35 10.8 +7.4
CGGR Capital Group Growth ETF 1.3 39 -4 3.1 -0.2
ESIX SPDR S&P SmallCap 600 ESG ETF 1.3 12 23 7.9 +4.5
DURA VanEck Durable High Dividend ETF 1.3 29 6 8.5 +5.1
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 1.3 75 -40 2.9 -0.5
EQAL Invesco Russell 1000 Equal Weight ETF 1.3 20 15 6.8 +3.4
TPSC Timothy Plan US Small Cap Core ETF 1.3 52 -17 6.7 +3.4
RZV Invesco S&P Smallcap 600 Pure Value ETF 1.3 35 0 10.0 +6.6
SMCF Themes US Small Cap Cash Flow Champions ETF 1.3 29 6 11.9 +8.5
CSA VictoryShares US Small Cap Volatility Wtd ETF 1.3 35 0 7.7 +4.3
NUDV Nuveen ESG Dividend ETF 1.2 26 9 7.6 +4.2
NIXT Research Affiliates Deletions ETF 1.2 9 26 8.7 +5.3
SQLV Royce Quant Small-Cap Quality Value ETF 1.2 60 -25 9.2 +5.8
CGUS Capital Group Core Equity ETF 1.2 33 2 4.3 +1.0
EQIN Columbia US Equity Income ETF 1.2 35 0 6.9 +3.5
SPVU Invesco S&P 500 Enhanced Value ETF 1.2 13 22 10.0 +6.7
FDWM Fidelity Women's Leadership ETF 1.2 59 -24 4.8 +1.5
SFYX SoFi Next 500 ETF 1.2 0 35 5.7 +2.4
TAX Cambria Tax Aware ETF 1.2 49 -14 5.0 +1.7
DFLV Dimensional US Large Cap Value ETF 1.2 22 13 7.7 +4.4
IQSM IQ Candriam U.S. Mid Cap Equity ETF 1.2 15 20 6.0 +2.6
FCFY First Trust S&P 500 Diversified Free Cash Flow ETF 1.2 60 -25 9.4 +6.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.2 39 -4 5.3 +2.0
AIRL Themes Airlines ETF 1.1 35 0 1.7 -1.7
VFQY Vanguard U.S. Quality Factor ETF 1.1 13 22 6.3 +3.0
IWN iShares Russell 2000 Value ETF 1.1 24 11 7.3 +4.0
AVLV Avantis U.S. Large Cap Value ETF 1.1 15 20 7.7 +4.4
IWM iShares Russell 2000 ETF 1.1 19 16 4.3 +0.9
RSSL Global X Russell 2000 ETF 1.1 8 27 4.4 +1.0
ISCV iShares Morningstar Small Cap Value ETF 1.1 6 29 9.2 +5.9
XSVM Invesco S&P SmallCap Value with Momentum ETF 1.1 36 -1 10.4 +7.1
GNR SPDR S&P Global Natural Resources ETF 1.1 40 -5 11.0 +7.6
IWO iShares Russell 2000 Growth ETF 1.1 24 11 1.3 -2.1
EZM WisdomTree U.S. MidCap Fund 1.1 38 -3 9.0 +5.6
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.1 9 26 4.2 +0.9
VTWO Vanguard Russell 2000 ETF 1.1 7 28 4.3 +1.0
VTWG Vanguard Russell 2000 Growth ETF 1.1 10 25 1.4 -1.9
VFMF Vanguard U.S. Multifactor ETF 1.1 18 17 7.9 +4.5
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.1 35 0 4.2 +0.9
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.1 58 -23 4.2 +0.9
VTWV Vanguard Russell 2000 Value ETF 1.1 10 25 7.3 +4.0
FSST Fidelity Sustainable U.S. Equity ETF 1.1 59 -24 4.3 +1.0
SPVM Invesco S&P 500 Value with Momentum ETF 1.1 39 -4 7.6 +4.2
VRAI Virtus Real Asset Income ETF 1.1 55 -20 10.1 +6.7
DFAS Dimensional U.S. Small Cap ETF 1.1 26 9 6.3 +3.0
XSMO Invesco S&P SmallCap Momentum ETF 1.1 39 -4 5.5 +2.2
QUAL iShares MSCI USA Quality Factor ETF 1.1 15 20 5.4 +2.1
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 1.0 95 -60 0.5 -2.8
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 1.0 52 -17 5.5 +2.2
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 1.0 58 -23 5.4 +2.1
FDG American Century Focused Dynamic Growth ETF 1.0 45 -10 1.9 -1.4
FFOX FundX Future Fund Opportunities ETF 1.0 100 -65 4.2 +0.8
FNDA Schwab Fundamental US Small Co. Index ETF 1.0 25 10 8.2 +4.9
SHUS Syntax Stratified U.S. Total Market Hedged ETF 1.0 65 -30 6.4 +3.0
SSPY Syntax Stratified LargeCap ETF 1.0 30 5 6.7 +3.3
WLDR Affinity World Leaders Equity ETF 1.0 67 -32 7.5 +4.2
QNXT iShares Nasdaq-100 ex Top 30 ETF 1.0 20 15 4.4 +1.1
VBK Vanguard Small-Cap Growth ETF 1.0 7 28 1.9 -1.4
EBI Longview Advantage ETF 1.0 35 0 6.5 +3.1
DFUV Dimensional US Marketwide Value ETF 1.0 22 13 7.5 +4.1
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 1.0 55 -20 9.9 +6.6
IJS iShares S&P Small-Cap 600 Value ETF 1.0 18 17 9.7 +6.3
IMCB iShares Morningstar Mid-Cap ETF 1.0 4 31 6.0 +2.7
ONEO SPDR Russell 1000 Momentum Focus ETF 1.0 20 15 6.9 +3.6
PTL Inspire 500 ETF 1.0 9 26 5.2 +1.9
ISCB iShares Morningstar Small-Cap ETF 0.9 4 31 6.2 +2.8
DSTL Distillate US Fundamental Stability & Value ETF 0.9 39 -4 8.2 +4.9
XJR iShares ESG Screened S&P Small-Cap ETF 0.9 12 23 7.3 +3.9
VO Vanguard Mid-Cap ETF 0.9 4 31 5.7 +2.3
RFFC ALPS Active Equity Opportunity ETF 0.9 48 -13 4.4 +1.0
AUSF Global X Adaptive U.S. Factor ETF 0.9 27 8 8.7 +5.4
IWS iShares Russell Mid-Cap Value ETF 0.9 23 12 6.7 +3.3
RAYD Rayliant Quantitative Developed Market Equity ETF 0.9 80 -45 4.4 +1.1
PSET Principal Quality ETF 0.9 15 20 5.3 +1.9
SNPV Xtrackers S&P 500 Value ESG ETF 0.9 15 20 6.7 +3.4
SLYV SPDR S&P 600 Small Cap Value ETF 0.9 15 20 9.7 +6.4
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.9 10 25 9.7 +6.4
FNX First Trust Mid Cap Core AlphaDEX Fund 0.9 60 -25 7.3 +3.9
VCLN Virtus Duff & Phelps Clean Energy ETF 0.9 59 -24 5.0 +1.6
FEX First Trust Large Cap Core AlphaDEX Fund 0.9 59 -24 5.8 +2.5
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.9 17 18 5.7 +2.3
FFND Future Fund Active ETF 0.9 100 -65 4.2 +0.9
DEEP Roundhill Acquirers Deep Value ETF 0.9 80 -45 17.0 +13.7
DXUV Dimensional US Vector Equity ETF 0.9 28 7 6.2 +2.8
JOET Virtus Terranova US Quality Momentum ETF 0.9 29 6 4.7 +1.3
NULC Nuveen ESG Large-Cap ETF 0.9 21 14 4.6 +1.3
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.8 20 15 5.5 +2.2
VFMO Vanguard U.S. Momentum Factor ETF 0.8 13 22 3.0 -0.4
COPY Tweedy, Browne Insider + Value ETF 0.8 80 -45 11.8 +8.4
CGGO Capital Group Global Growth Equity ETF 0.8 47 -12 4.7 +1.4
RNSC Furst Trust Small Cap US Equity Select ETF 0.8 60 -25 5.8 +2.5
SMLF iShares U.S. SmallCap Equity Factor ETF 0.8 15 20 5.9 +2.5
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.8 14 21 4.8 +1.5
DFSU Dimensional US Sustainability Core 1 ETF 0.8 18 17 5.3 +2.0
TTAC FCF US Quality ETF 0.8 59 -24 6.2 +2.9
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.8 35 0 7.1 +3.8
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.8 24 11 7.7 +4.3
ISCG iShares Morningstar Small-Cap Growth ETF 0.8 6 29 2.9 -0.5
JHSC John Hancock Multifactor Small Cap ETF 0.8 42 -7 6.6 +3.2
PRXV Praxis Impact Large Cap Value ETF 0.8 36 -1 6.5 +3.1
STXV Strive 1000 Value ETF 0.8 18 17 8.0 +4.6
DIVB iShares Core Dividend ETF 0.8 5 30 8.0 +4.7
AVUS Avantis U.S. Equity ETF 0.7 15 20 5.7 +2.4
JHMM John Hancock Multifactor Mid Cap ETF 0.7 42 -7 6.3 +3.0
RND First Trust Bloomberg R&D Leaders ETF 0.7 60 -25 3.6 +0.3
HDV iShares Core High Dividend ETF 0.7 8 27 7.2 +3.8
VB Vanguard Small-Cap ETF 0.7 5 30 6.1 +2.8
FUNL CornerCap Fundametrics Large-Cap ETF 0.7 50 -15 7.2 +3.8
DIVG Invesco S&P 500 High Dividend Growers ETF 0.7 39 -4 8.3 +5.0
KOCG FIS Knights of Columbus Global Belief ETF 0.7 75 -40 5.2 +1.8
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.7 70 -35 2.8 -0.5
IWR iShares Russell Midcap ETF 0.7 19 16 5.7 +2.4
VXF Vanguard Extended Market ETF 0.7 5 30 4.7 +1.3
BFOR ALPS Barron's 400 ETF 0.7 65 -30 5.9 +2.6
SPHB Invesco S&P 500 High Beta ETF 0.7 25 10 4.6 +1.3
YALL God Bless America ETF 0.7 65 -30 3.6 +0.3
KOMP SPDR S&P Kensho New Economies Composite ETF 0.7 20 15 2.5 -0.8
QDF FlexShares Quality Dividend Index Fund 0.7 37 -2 6.2 +2.8
ALTL Pacer Lunt Large Cap Alternator ETF 0.7 60 -25 4.2 +0.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.7 24 11 8.1 +4.7
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.7 15 20 4.6 +1.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 26 6.1 +2.7
IWC iShares Micro-Cap ETF 0.6 60 -25 -0.8 -4.2
IUS Invesco RAFI Strategic US ETF 0.6 19 16 6.9 +3.5
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.6 60 -25 2.0 -1.4
LCF Touchstone US Large Cap Focused ETF 0.6 69 -34 4.2 +0.8
VYM Vanguard High Dividend Yield Index ETF 0.6 6 29 7.0 +3.7
CGW Invesco S&P Global Water Index ETF 0.6 57 -22 4.6 +1.2
RSP Invesco S&P 500 Equal Weight ETF 0.6 20 15 6.5 +3.2
WCEO Hypatia Women CEO ETF 0.6 85 -50 3.7 +0.4
FSMD Fidelity Small-Mid Multifactor ETF 0.6 15 20 7.0 +3.6
SIZE iShares MSCI USA Size Factor ETF 0.6 15 20 6.0 +2.7
SCHA Schwab U.S. Small-Cap ETF 0.6 4 31 5.9 +2.5
GVUS Marketbeta Russell 1000 Value Equity ETF 0.6 12 23 6.5 +3.2
CFA VictoryShares US 500 Volatility Wtd ETF 0.6 35 0 5.9 +2.5
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.6 40 -5 5.8 +2.5
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.6 15 20 7.9 +4.5
AVMC Avantis U.S. Mid Cap Equity ETF 0.6 18 17 6.8 +3.5
EUSA iShares MSCI USA Equal Weighted ETF 0.6 9 26 6.1 +2.7
FYC First Trust Small Cap Growth AlphaDEX Fund 0.6 71 -36 0.5 -2.9
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.6 40 -5 3.7 +0.4
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.6 35 0 9.3 +6.0
EMLP First Trust North American Energy Infrastructure Fund 0.5 95 -60 5.2 +1.9
SMOT VanEck Morningstar SMID Moat ETF 0.5 49 -14 6.4 +3.1
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.5 4 31 6.1 +2.8
FPAG FPA Global Equity ETF 0.5 49 -14 5.7 +2.4
DFAC Dimensional U.S. Core Equity 2 ETF 0.5 17 18 5.5 +2.1
RWK Invesco S&P MidCap 400 Revenue ETF 0.5 39 -4 9.3 +6.0
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.5 39 -4 5.8 +2.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.5 20 15 5.6 +2.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.5 25 10 5.6 +2.3
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.5 7 28 6.0 +2.6
SUSA iShares MSCI USA ESG Select ETF 0.5 25 10 4.7 +1.4
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.5 9 26 4.9 +1.5
SCHM Schwab U.S. Mid-Cap ETF 0.5 4 31 6.6 +3.2
DFVX Dimensional US Large Cap Vector ETF 0.5 22 13 6.2 +2.9
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.5 10 25 4.9 +1.6
BLES Inspire Global Hope ETF 0.5 61 -26 6.8 +3.4
DGT SPDR Global Dow ETF 0.5 50 -15 7.0 +3.7
VBR Vanguard Small Cap Value ETF 0.5 7 28 9.1 +5.7
RWL Invesco S&P 500 Revenue ETF 0.5 39 -4 6.8 +3.5
IJJ iShares S&P Mid-Cap 400 Value ETF 0.5 18 17 8.6 +5.3
IWD iShares Russell 1000 Value ETF 0.5 19 16 6.4 +3.0
VLU SPDR S&P 1500 Value Tilt ETF 0.5 12 23 7.4 +4.0
GSPY Gotham Enhanced 500 ETF 0.5 50 -15 5.2 +1.9
MDYV SPDR S&P 400 Mid Cap Value ETF 0.5 15 20 8.7 +5.3
ROSC Hartford Multifactor Small Cap ETF 0.5 34 1 9.2 +5.8
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.4 10 25 8.8 +5.5
FNDB Schwab Fundamental US Broad Market Index ETF 0.4 25 10 7.2 +3.9
IUSV iShares Core S&P US Value ETF 0.4 4 31 6.4 +3.0
IVE iShares S&P 500 Value ETF 0.4 18 17 6.1 +2.8
SPYV SPDR Portfolio S&P 500 Value ETF 0.4 4 31 6.3 +2.9
HLAL Wahed FTSE USA Shariah ETF 0.4 50 -15 4.7 +1.4
VONV Vanguard Russell 1000 Value ETF 0.4 7 28 6.5 +3.2
ITAN Sparkline Intangible Value ETF 0.4 50 -15 6.6 +3.2
VOOV Vanguard S&P 500 Value ETF 0.4 7 28 6.3 +2.9
EPS WisdomTree U.S. LargeCap Fund 0.4 8 27 5.7 +2.3
HAP VanEck Natural Resources ETF 0.4 50 -15 9.4 +6.0
PRF Invesco FTSE RAFI US 1000 ETF 0.4 39 -4 6.8 +3.4
ENFR Alerian Energy Infrastructure ETF 0.4 35 0 5.1 +1.8
JSML Janus Henderson Small Cap Growth Alpha ETF 0.4 30 5 7.8 +4.4
DCOR Dimensional US Core Equity 1 ETF 0.4 14 21 5.3 +2.0
OPTZ Optimize Strategy Index ETF 0.4 50 -15 4.6 +1.2
XMHQ Invesco S&P MidCap Quality ETF 0.4 25 10 6.5 +3.1
EVUS iShares ESG Aware MSCI USA Value ETF 0.4 18 17 6.5 +3.1
FNDX Schwab Fundamental US Large Co. Index ETF 0.4 25 10 7.2 +3.8
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 0.4 15 20 4.2 +0.8
SUSL iShares ESG MSCI USA Leaders ETF 0.4 10 25 4.9 +1.6
IMCG iShares Morningstar Mid-Cap Growth ETF 0.4 6 29 3.9 +0.6
VTV Vanguard Value ETF 0.4 4 31 6.9 +3.5
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.4 45 -10 4.4 +1.1
JGRO JPMorgan Active Growth ETF 0.4 44 -9 3.4 +0.0
DFAU Dimensional US Core Equity Market ETF 0.4 12 23 5.0 +1.6
SMMD iShares Russell 2500 ETF 0.4 15 20 6.1 +2.8
SNPE Xtrackers S&P 500 ESG ETF 0.4 10 25 5.1 +1.7
SPXT ProShares S&P 500 Ex-Technology ETF 0.4 9 26 5.5 +2.2
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.4 7 28 5.1 +1.7
BOTZ Global X Robotics & Artificial Intelligence ETF 0.4 69 -34 2.4 -1.0
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.4 32 3 4.9 +1.6
ILCV iShares Morningstar Value ETF 0.3 4 31 6.4 +3.1
THRO iShares U.S. Thematic Rotation Active ETF 0.3 90 -55 4.0 +0.6
AFSM First Trust Active Factor Small Cap ETF 0.3 75 -40 7.6 +4.2
USMF WisdomTree U.S. Multifactor Fund 0.3 28 7 7.0 +3.6
FELV Fidelity Enhanced Large Cap Value ETF 0.3 18 17 6.7 +3.3
DEW WisdomTree Global High Dividend Fund 0.3 58 -23 8.4 +5.0
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.3 64 -29 2.2 -1.1
OSCV Opus Small Cap Value ETF 0.3 79 -44 6.4 +3.0
DTD WisdomTree U.S. Total Dividend Fund 0.3 28 7 6.3 +2.9
KLMN Invesco MSCI North America Climate ETF 0.3 9 26 4.9 +1.6
FDMO Fidelity Momentum Factor ETF 0.3 15 20 3.6 +0.3
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.3 8 27 4.9 +1.6
DTAN Sparkline International Intangible Value ETF 0.3 55 -20 8.5 +5.2
XJH iShares ESG Screened S&P Mid-Cap ETF 0.3 12 23 7.0 +3.7
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.3 19 16 6.3 +3.0
SPXN ProShares S&P 500 Ex-Financials ETF 0.3 9 26 4.9 +1.5
JHML John Hancock Multifactor Large Cap ETF 0.3 29 6 5.3 +2.0
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.3 65 -30 3.5 +0.1
XMAG Defiance Large Cap ex-Mag 7 ETF 0.3 35 0 5.1 +1.8
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 18 7.0 +3.6
SPXV ProShares S&P 500 Ex-Health Care ETF 0.3 9 26 4.6 +1.3
ACVF American Conservative Values ETF 0.3 75 -40 4.3 +1.0
IJH iShares Core S&P Mid-Cap ETF 0.3 5 30 7.3 +3.9
MDY SPDR S&P Midcap 400 ETF Trust 0.3 24 11 7.1 +3.7
DSI iShares MSCI KLD 400 Social ETF 0.3 25 10 4.8 +1.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 29 6 6.4 +3.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 24 4.9 +1.5
SCHV Schwab U.S. Large-Cap Value ETF 0.3 4 31 6.7 +3.3
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.3 3 32 7.3 +3.9
IVOO Vanguard S&P Mid-Cap 400 ETF 0.3 7 28 7.4 +4.0
SPMO Invesco S&P 500 Momentum ETF 0.3 13 22 3.6 +0.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 32 4.9 +1.5
IWV iShares Russell 3000 ETF 0.3 20 15 4.7 +1.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.3 7 28 4.8 +1.4
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.3 15 20 7.2 +3.9
VTHR Vanguard Russell 3000 ETF 0.3 7 28 4.8 +1.5
DFUS Dimensional U.S. Equity ETF 0.3 9 26 4.8 +1.4
AFMC First Trust Active Factor Mid Cap ETF 0.3 65 -30 8.4 +5.0
VTI Vanguard Total Stock Market ETF 0.3 3 32 4.9 +1.5
DSPY Tema S&P 500 Historical Weight ETF 0.3 18 17 5.1 +1.8
VOTE TCW Transform 500 ETF 0.3 5 30 4.8 +1.5
QGRO American Century U.S. Quality Growth ETF 0.3 29 6 3.5 +0.2
SCHB Schwab U.S. Broad Market ETF 0.2 3 32 5.0 +1.6
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.2 3 32 5.1 +1.8
QQQ Invesco QQQ Trust Series I 0.2 20 15 4.1 +0.7
QQQM Invesco NASDAQ 100 ETF 0.2 15 20 4.1 +0.8
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.2 49 -14 3.8 +0.4
IWX iShares Russell Top 200 Value ETF 0.2 20 15 6.2 +2.9
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.2 15 20 4.9 +1.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 33 4.9 +1.5
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 35 4.9 +1.5
CCMG CCM Global Equity ETF 0.2 34 1 8.4 +5.1
JMOM JPMorgan U.S. Momentum Factor ETF 0.2 12 23 4.5 +1.2
HAPI Harbor Human Capital Factor US Large Cap ETF 0.2 36 -1 4.8 +1.4
DON WisdomTree U.S. MidCap Dividend Fund 0.2 38 -3 8.7 +5.4
IYY iShares Dow Jones U.S. ETF 0.2 20 15 4.8 +1.4
IWB iShares Russell 1000 ETF 0.2 15 20 4.8 +1.5
QVML Invesco S&P 500 QVM Multi-factor ETF 0.2 11 24 5.1 +1.8
SCHX Schwab U.S. Large-Cap ETF 0.2 3 32 4.9 +1.6
XVV iShares ESG Screened S&P 500 ETF 0.2 8 27 4.8 +1.4
VONE Vanguard Russell 1000 ETF 0.2 7 28 4.9 +1.5
SCHK Schwab 1000 Index ETF 0.2 5 30 5.0 +1.6
SCHG Schwab U.S. Large-Cap Growth ETF 0.2 4 31 4.0 +0.6
KLMT Invesco MSCI Global Climate 500 ETF 0.2 10 25 5.7 +2.4
DARP Grizzle Growth ETF 0.2 75 -40 2.9 -0.4
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.2 12 23 7.2 +3.9
WOMN Impact Shares YWCA Women's Empowerment ETF 0.2 75 -40 5.3 +2.0
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.2 25 10 7.8 +4.5
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.2 20 15 4.7 +1.3
IVV iShares Core S&P 500 ETF 0.2 3 32 4.9 +1.6
SPLG SPDR Portfolio S&P 500 ETF 0.2 2 33 4.9 +1.6
SPY SPDR S&P 500 ETF Trust 0.2 9 26 4.9 +1.5
BULD Pacer BlueStar Engineering the Future ETF 0.2 60 -25 0.5 -2.9
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 26 5.2 +1.8
QINT American Century Quality Diversified International ETF 0.2 39 -4 7.3 +4.0
SAGP Strategas Global Policy Opportunities ETF 0.2 65 -30 5.4 +2.0
DLN WisdomTree U.S. LargeCap Dividend Fund 0.2 28 7 5.9 +2.6
CATH Global X S&P 500 Catholic Values Custom ETF 0.2 29 6 4.6 +1.3
PBUS Invesco MSCI USA ETF 0.2 4 31 4.8 +1.5
TOV JLens 500 Jewish Advocacy U.S. ETF 0.2 18 17 4.6 +1.2
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 32 4.8 +1.4
VOO Vanguard S&P 500 ETF 0.2 3 32 5.0 +1.6
VV Vanguard Large-Cap ETF 0.2 4 31 4.8 +1.5
STRV Strive 500 ETF 0.2 5 30 4.8 +1.4
INRO iShares U.S. Industry Rotation Active ETF 0.2 42 -7 4.2 +0.9
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 -7 5.4 +2.0
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 26 5.2 +1.8
NACP Impact Shares NAACP Minority Empowerment ETF 0.2 49 -14 4.8 +1.4
FTRI First Trust Indxx Global Natural Resources Income ETF 0.2 70 -35 7.6 +4.2
FMDE Fidelity Enhanced Mid Cap ETF 0.2 23 12 5.7 +2.4
ADME Aptus Drawdown Managed Equity ETF 0.2 79 -44 4.1 +0.7
SHE SPDR MSCI USA Gender Diversity ETF 0.2 20 15 5.0 +1.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 26 5.7 +2.4
VLUE iShares MSCI USA Value Factor ETF 0.2 15 20 9.5 +6.1
ONEQ Fidelity Nasdaq Composite Index ETF 0.2 21 14 3.7 +0.3
SFY SoFi Select 500 ETF 0.2 0 35 4.4 +1.1
QUS SPDR MSCI USA StrategicFactors ETF 0.2 15 20 5.7 +2.3
APUE ActivePassive U.S. Equity ETF 0.2 45 -10 4.6 +1.2
AFLG First Trust Active Factor Large Cap ETF 0.2 55 -20 6.3 +2.9
VT Vanguard Total World Stock ETF 0.2 6 29 5.9 +2.5
VUSE Vident U.S. Equity Strategy ETF 0.2 50 -15 4.5 +1.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.2 20 15 5.0 +1.6
LRGF iShares U.S. Equity Factor ETF 0.1 8 27 5.4 +2.0
TOK iShares MSCI Kokusai ETF 0.1 26 9 5.0 +1.7
URTH iShares MSCI World ETF 0.1 24 11 5.1 +1.7
FPX First Trust US Equity Opportunities ETF 0.1 61 -26 1.0 -2.4
ESGU iShares ESG Aware MSCI USA ETF 0.1 15 20 4.7 +1.3
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 -14 5.6 +2.2
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.1 60 -25 3.9 +0.6
MGV Vanguard Mega Cap Value ETF 0.1 7 28 6.6 +3.3
GINN Goldman Sachs Innovate Equity ETF 0.1 52 -17 3.7 +0.3
ACWI iShares MSCI ACWI ETF 0.1 32 3 5.5 +2.2
PRXG Praxis Impact Large Cap Growth ETF 0.1 36 -1 3.6 +0.3
IJK iShares S&P Mid-Cap 400 Growth ETF 0.1 17 18 5.8 +2.5
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.1 10 25 6.0 +2.6
IWL iShares Russell Top 200 ETF 0.1 15 20 4.6 +1.3
RVRB Reverb ETF 0.1 30 5 4.5 +1.2
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.1 15 20 5.8 +2.5
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -40 4.0 +0.6
AVUQ Avantis U.S. Quality ETF 0.1 15 20 4.4 +1.0
SXQG ETC 6 Meridian Quality Growth ETF 0.1 100 -65 4.6 +1.2
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 5 5.9 +2.6
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 6 4.4 +1.1
VUG Vanguard Growth ETF 0.1 4 31 4.0 +0.6
FELC Fidelity Enhanced Large Cap Core ETF 0.1 18 17 5.2 +1.8
ILCG iShares Morningstar Growth ETF 0.1 4 31 3.6 +0.3
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.1 30 5 6.6 +3.2
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -40 3.7 +0.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 23 4.5 +1.2
IETC iShares U.S. Tech Independence Focused ETF 0.1 18 17 3.7 +0.4
REVS Columbia Research Enhanced Value ETF 0.1 19 16 7.5 +4.2
RECS Columbia Research Enhanced Core ETF 0.1 15 20 5.6 +2.3
MGC Vanguard Mega Cap ETF 0.0 7 28 4.6 +1.3
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 23 4.5 +1.1
DGRW WisdomTree US Quality Dividend Growth Fund 0.0 28 7 5.4 +2.1
DHS WisdomTree U.S. High Dividend Fund 0.0 38 -3 8.0 +4.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 -10 8.8 +5.5
IWY iShares Russell Top 200 Growth ETF 0.0 20 15 4.5 +1.2
IWF iShares Russell 1000 Growth ETF 0.0 19 16 4.4 +1.0
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 10 9.6 +6.2
STXG Strive 1000 Growth ETF 0.0 18 17 3.8 +0.5
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 31 4.2 +0.8

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

  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 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 4.4 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 3.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.58 CATEGORY
AVERAGE		 1.59
 
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.