SPDR S&P Oil & Gas Equipment & Services ETF
ALTAR
Score™		 -2.2% info Recommen-
dation		 AVOID
2023E    2024E
P/E
ratio		 15.6x P/Sales
ratio		 1.0x
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) $409
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 27
Wgt avg mkt cap (mns) $9,395
Large cap (>$10bn) 15.1%
Mid cap ($2-10bn) 61.5%
Small cap (<$2bn) 22.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
WEATHERFORD INTERNATIONAL PL 5.3 %
TIDEWATER INC 5.1 %
TECHNIPFMC PLC 5.0 %
PATTERSON-UTI ENERGY INC 4.9 %
NATIONAL OILWELL VARCO INC 4.8 %
APERGY CORP. 4.8 %
NABORS INDUSTRIES LTD 4.8 %
TRANSOCEAN LTD 4.8 %
LIBERTY OILFIELD SERVICES INC. CLA 4.8 %
NOBLE CORP PLC 4.7 %
Total 48.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 65.1 %
SWITZERLAND 10.0 %
BRITAIN 5.0 %
BERMUDA 4.8 %
NETHERLANDS 2.2 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
16.9% 48.7% -9.4% -12.4% -5.8%

Market Correlations
versus... Beta R-squared
S&P500 1.48 27%
MSCI EAFE 1.66 36%
MSCI Emg. Mkts. 1.14 16%

Technical Indicators
Recent close $95.98
30d moving avg. $94.11
Annualized volatility 51.0%
Short interest (ETF) 1.7%
Short interest (Underlying) 5.6%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 108
Turnover 2.5%
Bid/Ask (% of price) 0.08%
ADV underlying (mns) $1,716

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 395 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™: -2.2%


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 Dynamic Oil & Gas Services ETF 64.3 63 -28 -0.7 +1.5
OIH VanEck Oil Services ETF 59.6 35 0 0.7 +2.9
IEZ iShares U.S. Oil Equipment & Services ETF 58.6 40 -5 0.6 +2.7
PSCE Invesco S&P SmallCap Energy ETF 26.1 29 6 4.6 +6.8
PXI Invesco DWA Energy Momentum ETF 16.7 60 -25 4.0 +6.1
RSPG Invesco S&P 500 Equal Weight Energy ETF 13.5 40 -5 6.9 +9.0
FENY Fidelity MSCI Energy Index ETF 11.3 8 27 6.4 +8.5
VDE Vanguard Energy Index Fund 11.3 10 25 6.2 +8.4
IYE iShares U.S. Energy ETF 9.8 39 -4 6.0 +8.2
XLE Energy Select Sector SPDR Fund 9.7 10 25 6.6 +8.7
DRLL Strive U.S. Energy ETF 9.0 41 -6 5.8 +8.0
IGE iShares North American Natural Resources ETF 8.8 41 -6 6.4 +8.5
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 7.4 60 -25 9.4 +11.5
FXN First Trust Energy AlphaDEX Fund 7.4 61 -26 4.3 +6.5
CBSE Changebridge Capital Sustainable Equity ETF 7.1 85 -50 2.1 +4.2
XSMO Invesco S&P SmallCap Momentum ETF 7.0 39 -4 6.1 +8.3
ROKT SPDR S&P Kensho Final Frontiers ETF 6.8 45 -10 1.7 +3.9
FTXN First Trust Nasdaq Oil & Gas ETF 6.6 60 -25 6.6 +8.7
QMOM Alpha Architect U.S. Quantitative Momentum ETF 6.6 39 -4 6.1 +8.3
NVIR Horizon Kinetics Energy and Remediation ETF 6.5 85 -50 0.2 +2.3
IXC iShares Global Energy ETF 5.7 44 -9 7.4 +9.5
SMCP AlphaMark Actively Managed Small Cap ETF 5.5 90 -55 0.0 +2.2
MOHR Collaborative Investment Series Trust - Mohr Growth ETF 5.3 96 -61 5.7 +7.8
AVUV Avantis U.S. Small Cap Value ETF 4.9 25 10 10.6 +12.7
FFTY Innovator IBD 50 ETF 4.5 80 -45 2.9 +5.0
CALF Pacer US Small Cap Cash Cows 100 ETF 4.0 59 -24 12.9 +15.1
FPX First Trust US IPO Index Fund 4.0 61 -26 0.6 +2.7
NUSC Nuveen ESG Small-Cap ETF 3.9 31 4 6.2 +8.4
YALL God Bless America ETF 3.7 65 -30 3.8 +5.9
FYC First Trust Small Cap Growth AlphaDEX Fund 3.7 71 -36 2.0 +4.2
DFSV Dimensional US Small Cap Value ETF 3.6 31 4 9.6 +11.7
SAMT Strategas Macro Thematic Opportunities ETF 3.5 65 -30 4.0 +6.1
EQRR ProShares Equities for Rising Rates ETF 3.5 35 0 9.0 +11.2
XSHQ Invesco S&P SmallCap Quality ETF 3.4 30 5 10.5 +12.7
RUFF Alpha Dog ETF 3.4 94 -59 5.4 +7.6
DEIF Sterling Capital Diverse Multi-Manager Active ETF 3.4 65 -30 7.1 +9.2
RBLD First Trust Alerian US NextGen Infrastructure ETF 3.3 65 -30 5.6 +7.7
GLRY Inspire Faithward Mid Cap Momentum ESG ETF 3.2 80 -45 7.5 +9.7
BIBL Inspire ETF 3.2 35 0 5.5 +7.7
RYJ Invesco Raymond James SB-1 Equity ETF 3.1 81 -46 4.2 +6.4
DFAT Dimensional U.S. Targeted Value ETF 3.1 28 7 9.4 +11.5
FNY First Trust Mid Cap Growth AlphaDEX Fund 3.0 70 -35 3.4 +5.6
AVSC Avantis U.S Small Cap Equity ETF 3.0 25 10 5.4 +7.5
PEXL Pacer US Export Leaders ETF 3.0 60 -25 6.7 +8.9
BSVO EA Bridgeway Omni Small-Cap Value ETF 2.9 47 -12 10.0 +12.2
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 2.9 15 20 6.4 +8.6
XMMO Invesco S&P MidCap Momentum ETF 2.8 33 2 6.5 +8.7
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 2.8 60 -25 6.4 +8.6
XSVM Invesco S&P SmallCap Value with Momentum ETF 2.7 39 -4 12.1 +14.2
ESIX SPDR S&P SmallCap 600 ESG ETF 2.6 12 23 8.6 +10.8
HAP VanEck Natural Resources ETF 2.6 50 -15 8.2 +10.4
SIXS 6 Meridian Small Cap Equity ETF 2.5 89 -54 8.6 +10.8
DVLU First Trust Dorsey Wright Momentum & Value ETF 2.5 60 -25 11.0 +13.1
VFMO Vanguard U.S. Momentum Factor ETF 2.4 13 22 2.7 +4.9
CGGR Capital Group Growth ETF 2.4 39 -4 4.0 +6.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 2.4 63 -28 3.5 +5.6
ESGS Columbia Sustainable U.S. Equity Income ETF 2.3 35 0 7.2 +9.4
SMLE Xtrackers S&P SmallCap 600 ESG ETF 2.3 15 20 8.5 +10.7
IWO iShares Russell 2000 Growth ETF 2.3 24 11 1.8 +3.9
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 2.3 95 -60 2.5 +4.6
NULV Nuveen ESG Large-Cap Value ETF 2.3 26 9 7.9 +10.1
SLYV SPDR S&P 600 Small Cap Value ETF 2.3 15 20 10.1 +12.2
IJS iShares S&P Small-cap 600 Value ETF 2.3 18 17 10.1 +12.2
FYX First Trust Small Cap Core AlphaDEX Fund 2.3 61 -26 8.4 +10.5
DFAS Dimensional U.S. Small Cap ETF 2.3 26 9 6.9 +9.0
VTWG Vanguard Russell 2000 Growth Index Fund 2.3 15 20 1.7 +3.9
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 2.3 59 -24 8.3 +10.4
XJR iShares ESG Screened S&P Small-Cap ETF 2.3 12 23 7.9 +10.0
IJR iShares Core S&P Small Cap ETF 2.2 6 29 8.5 +10.6
SPSM SPDR Portfolio S&P 600 Small Cap ETF 2.2 3 32 8.6 +10.8
CGDV Capital Group Dividend Value ETF 2.2 33 2 6.6 +8.7
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 2.2 15 20 8.5 +10.6
RWJ Invesco S&P SmallCap 600 Revenue ETF 2.2 39 -4 11.8 +13.9
SLYG SPDR S&P 600 Small Cap Growth ETF 2.2 15 20 7.0 +9.2
IJT iShares S&P Small-Cap 600 Growth ETF 2.2 25 10 6.9 +9.0
IWM iShares Russell 2000 ETF 2.1 19 16 4.6 +6.7
VIOV Vanguard S&P Small-Cap 600 Value ETF 2.1 15 20 10.0 +12.1
RZV Invesco S&P Smallcap 600 Pure Value ETF 2.1 35 0 13.5 +15.6
VBK Vanguard Small-Cap Growth Index Fund 2.1 7 28 1.5 +3.7
NUMV Nuveen ESG Mid-Cap Value ETF 2.1 31 4 9.1 +11.2
VIOO Vanguard S&P Small-Cap 600 ETF 2.1 10 25 8.5 +10.6
FSMO Fidelity Small-Mid Cap Opportunities ETF 2.0 60 -25 7.8 +10.0
VTWO Vanguard Russell 2000 Index Fund 2.0 10 25 4.6 +6.8
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 2.0 15 20 6.2 +8.4
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.0 15 20 7.1 +9.2
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 2.0 39 -4 4.8 +6.9
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 2.0 39 -4 10.0 +12.2
SPMO Invesco S&P 500 Momentum ETF 2.0 13 22 7.0 +9.1
NUMG Nuveen ESG Mid-Cap Growth ETF 2.0 31 4 4.5 +6.6
QVAL Alpha Architect U.S. Quantitative Value ETF 2.0 39 -4 11.1 +13.2
IWN iShares Russell 2000 Value ETF 2.0 24 11 7.0 +9.2
VFMF Vanguard U.S. Multifactor ETF 2.0 18 17 9.5 +11.7
AFSM First Trust Active Factor Small Cap ETF 1.9 77 -42 9.8 +11.9
FDG American Century Focused Dynamic Growth ETF 1.9 45 -10 3.1 +5.2
DWAS Invesco DWA SmallCap Momentum ETF 1.9 60 -25 1.4 +3.5
NUDV Nuveen ESG Dividend ETF 1.9 26 9 7.9 +10.1
NULC Nuveen ESG Large-Cap ETF 1.9 21 14 6.0 +8.1
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.9 29 6 8.4 +10.5
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.9 65 -30 3.5 +5.7
ISCG iShares Morningstar Small-Cap Growth ETF 1.8 6 29 2.3 +4.5
FNDA Schwab Fundamental U.S. Small Co. Index ETF 1.8 25 10 6.9 +9.0
SCHA Schwab U.S. Small-Cap ETF 1.8 4 31 5.6 +7.8
VTWV Vanguard Russell 2000 Value Index Fund 1.8 15 20 7.0 +9.2
STXK Strive Small-Cap ETF 1.8 18 17 5.8 +7.9
OSCV Opus Small Cap Value Plus ETF 1.8 79 -44 6.4 +8.6
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.8 9 26 5.2 +7.3
VFVA Vanguard U.S. Value Factor ETF 1.8 13 22 11.5 +13.7
LCF Touchstone US Large Cap Focused ETF 1.7 69 -34 5.0 +7.1
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 1.7 17 18 6.3 +8.4
SUSA iShares MSCI USA ESG Select ETF 1.7 25 10 6.1 +8.2
JOET Virtus Terranova US Quality Momentum ETF 1.7 29 6 6.3 +8.4
TPSC Timothy Plan US Small Cap Core ETF 1.7 52 -17 8.6 +10.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.7 20 15 7.5 +9.7
FMIL Fidelity New Millennium ETF 1.7 59 -24 6.1 +8.3
VOE Vanguard Mid-Cap Value Index Fund 1.7 7 28 8.4 +10.5
FNX First Trust Mid Cap Core AlphaDEX Fund 1.7 59 -24 8.3 +10.5
ISCB iShares Morningstar Small-Cap ETF 1.6 4 31 5.9 +8.0
SFYX Sofi Next 500 ETF 1.6 0 35 6.2 +8.3
DWMC AdvisorShares Dorsey Wright Micro-Cap ETF 1.6 125 -90 0.7 +2.8
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 1.6 60 -25 5.6 +7.7
BKSE BNY Mellon US Small Cap Core Equity ETF 1.6 4 31 6.6 +8.7
FSST Fidelity Sustainability U.S. Equity ETF 1.5 59 -24 5.7 +7.9
GVLU Gotham 1000 Value ETF 1.5 50 -15 9.6 +11.8
DFSU Dimensional US Sustainability Core 1 ETF 1.5 18 17 6.7 +8.8
FTC First Trust Large Cap Growth AlphaDEX Fund 1.5 59 -24 4.3 +6.5
JHSC John Hancock Multifactor Small Cap ETF 1.5 42 -7 7.1 +9.2
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 1.5 35 0 8.6 +10.7
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 1.5 37 -2 8.6 +10.8
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 1.5 30 5 11.6 +13.8
USAI Pacer American Energy Independence ETF 1.5 75 -40 4.2 +6.3
RNMC Mid Cap US Equity Select ETF 1.5 60 -25 8.8 +11.0
EQAL Invesco Russell 1000 Equal Weight ETF 1.5 20 15 7.2 +9.4
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 1.4 19 16 8.5 +10.7
PWB Invesco Dynamic Large Cap Growth ETF 1.4 56 -21 3.8 +6.0
ISCV iShares Morningstar Small Cap Value ETF 1.4 6 29 9.1 +11.2
BFOR Barron's 400 ETF 1.4 65 -30 8.7 +10.9
GNR SPDR S&P Global Natural Resources ETF 1.4 40 -5 9.4 +11.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.4 20 15 6.9 +9.1
MLPX Global X MLP & Energy Infrastructure ETF 1.4 45 -10 5.2 +7.3
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 1.4 25 10 10.0 +12.1
IJK iShares S&P Mid-Cap 400 Growth ETF 1.3 17 18 7.2 +9.3
MDYG SPDR S&P 400 Mid Cap Growth ETF 1.3 15 20 7.2 +9.4
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 1.3 15 20 7.2 +9.3
VAMO Cambria Value & Momentum ETF 1.3 64 -29 11.5 +13.6
IBOT Vaneck Robotics ETF 1.3 47 -12 4.0 +6.1
RNSC Small Cap US Equity Select ETF 1.3 60 -25 8.9 +11.1
RFFC RiverFront Dynamic US Flex-Cap ETF 1.3 48 -13 5.7 +7.8
FDMO Fidelity Momentum Factor ETF 1.3 29 6 4.3 +6.4
SSPY Syntax Stratified LargeCap ETF 1.3 30 5 7.4 +9.5
AESR Anfield U.S. Equity Sector Rotation ETF 1.3 108 -73 5.0 +7.2
SSLY Syntax Stratified SmallCap ETF 1.3 40 -5 8.1 +10.2
DES WisdomTree U.S. SmallCap Dividend Fund 1.2 38 -3 9.8 +12.0
IWS iShares Russell Mid-Cap Value ETF 1.2 23 12 7.6 +9.8
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.2 60 -25 6.4 +8.6
NTZG Nuveen Global Net Zero Transition ETF 1.2 55 -20 5.4 +7.6
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 1.2 35 0 5.6 +7.7
VO Vanguard Mid-Cap Index Fund 1.1 4 31 6.7 +8.8
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.1 24 11 8.9 +11.1
FSMD Fidelity Small-Mid Factor ETF 1.1 29 6 8.3 +10.5
WGRO WisdomTree U.S. Growth & Momentum Fund 1.1 55 -20 7.3 +9.4
VXF Vanguard Extended Market Index Fund 1.1 6 29 4.3 +6.4
VB Vanguard Small-Cap ETF 1.1 5 30 6.2 +8.3
IMCG iShares Morningstar Mid-Cap Growth ETF 1.1 6 29 4.8 +6.9
XMHQ Invesco S&P MidCap Quality ETF 1.1 25 10 9.2 +11.3
PSC Principal U.S. Small Cap Index ETF 1.1 38 -3 8.6 +10.8
VFQY Vanguard U.S. Quality Factor ETF 1.1 13 22 7.9 +10.0
IWC iShares Micro-Cap ETF 1.1 60 -25 -3.9 -1.7
FYT First Trust Small Cap Value AlphaDEX Fund 1.1 73 -38 11.9 +14.1
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 1.1 35 0 9.5 +11.6
MIDE Xtrackers S&P MidCap 400 ESG ETF 1.0 15 20 8.7 +10.9
JHMM John Hancock Multifactor Mid Cap ETF 1.0 41 -6 7.7 +9.8
DEEP Roundhill Acquirers Deep Value ETF 1.0 80 -45 17.9 +20.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.0 7 28 5.9 +8.0
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.0 58 -23 5.3 +7.5
DBLV AdvisorShares DoubleLine Value Equity ETF 1.0 91 -56 8.7 +10.9
RFG Invesco S&P Midcap 400 Pure Growth ETF 1.0 35 0 8.3 +10.5
IQSM IQ Candriam ESG U.S. Mid Cap Equity ETF 1.0 15 20 7.1 +9.2
SNPV Xtrackers S&P ESG Value ETF 1.0 15 20 6.7 +8.8
CSML IQ Chaikin U.S. Small Cap ETF 1.0 35 0 6.8 +9.0
AVUS Avantis U.S. Equity ETF 1.0 15 20 6.9 +9.0
FDWM Fidelity Women's Leadership ETF 1.0 59 -24 5.9 +8.1
VYM Vanguard High Dividend Yield Index ETF 1.0 6 29 8.2 +10.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 1.0 29 6 7.6 +9.7
DFAC Dimensional U.S. Core Equity 2 ETF 1.0 17 18 6.6 +8.7
IWR iShares Russell Midcap ETF 0.9 18 17 6.6 +8.7
NULG Nuveen ESG Large-Cap Growth ETF 0.9 26 9 4.7 +6.9
WCEO Hypatia Women CEO ETF 0.9 85 -50 6.3 +8.5
IMCB iShares Morningstar Mid-Cap ETF 0.9 4 31 6.9 +9.1
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.9 4 31 6.9 +9.1
MRND IQ U.S. Mid Cap R&D Leaders ETF 0.9 16 19 3.6 +5.8
VONV Vanguard Russell 1000 Value Index Fund 0.9 8 27 7.5 +9.6
KOMP SPDR Kensho New Economies Composite ETF 0.9 20 15 -0.4 +1.8
IWD iShares Russell 1000 Value ETF 0.9 19 16 7.4 +9.5
DGT SPDR Global Dow ETF 0.9 50 -15 7.5 +9.6
STXV Strive 1000 Value ETF 0.9 18 17 8.4 +10.5
HLAL Wahed FTSE USA Shariah ETF 0.8 50 -15 5.4 +7.6
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.8 25 10 6.6 +8.8
HAPI Harbor Corporate Culture ETF 0.8 36 -1 5.5 +7.6
SUSL iShares ESG MSCI USA Leaders ETF 0.8 10 25 5.9 +8.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.8 10 25 6.0 +8.1
XJH iShares ESG Screened S&P Mid-Cap ETF 0.8 12 23 8.2 +10.4
BOTZ Global X Robotics & Artificial Intelligence ETF 0.8 69 -34 3.4 +5.5
RAYD Rayliant Quantitative Developed Market Equity ETF 0.8 80 -45 8.9 +11.1
TPHE Timothy Plan High Dividend Stock Enhanced ETF 0.8 54 -19 7.3 +9.5
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.8 15 20 8.2 +10.3
TPHD Timothy Plan High Dividend Stock ETF 0.8 52 -17 6.9 +9.0
RSP Invesco S&P 500 Equal Weight ETF 0.7 20 15 7.1 +9.3
ISMD Inspire Small/Mid Cap Impact ETF 0.7 54 -19 5.6 +7.8
SVAL iShares US Small Cap Value Factor ETF 0.7 20 15 11.7 +13.9
MDY SPDR S&P Midcap 400 ETF Trust 0.7 23 12 8.0 +10.2
CGUS Capital Group Core Equity ETF 0.7 33 2 5.7 +7.9
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.7 25 10 7.6 +9.8
IMCV iShares Morningstar Mid-Cap Value ETF 0.7 6 29 9.1 +11.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.7 12 23 5.5 +7.7
IWX iShares Russell Top 200 Value ETF 0.7 20 15 7.2 +9.3
IJH iShares Core S&P Mid-Cap ETF 0.7 5 30 8.2 +10.4
IVOO Vanguard S&P Mid-Cap 400 ETF 0.7 10 25 8.2 +10.3
RWK Invesco S&P MidCap 400 Revenue ETF 0.7 39 -4 9.7 +11.8
SPMD SPDR Portfolio Mid Cap ETF 0.7 3 32 8.2 +10.4
GRZZ Grizzle Growth ETF 0.7 75 -40 6.6 +8.8
VMAT V-Shares MSCI World ESG Materiality and Carbon Transition ET 0.7 39 -4 6.4 +8.6
DFUV Dimensional US Marketwide Value ETF 0.7 22 13 8.6 +10.8
BTHM BlackRock Future U.S. Themes ETF 0.7 60 -25 6.0 +8.1
VOOV Vanguard S&P 500 Value ETF 0.7 10 25 6.5 +8.7
IVE iShares S&P 500 Value ETF 0.7 18 17 6.4 +8.6
SPYV SPDR Portfolio S&P 500 Value ETF 0.7 4 31 6.6 +8.8
IFRA iShares U.S. Infrastructure ETF 0.7 30 5 6.4 +8.6
EES WisdomTree SmallCap Earnings Fund 0.7 38 -3 12.5 +14.6
RECS Columbia Research Enhanced Core ETF 0.7 15 20 6.7 +8.8
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.7 29 6 10.9 +13.1
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.7 7 28 6.0 +8.1
RNLC Large Cap US Equity Select ETF 0.6 60 -25 7.5 +9.7
TPYP Tortoise North American Pipeline Fund 0.6 40 -5 5.5 +7.7
PRF Invesco FTSE RAFI US 1000 ETF 0.6 39 -4 7.6 +9.7
DFAU Dimensional US Core Equity Market ETF 0.6 12 23 6.0 +8.2
ZECP Zacks Earnings Consistent Portfolio ETF 0.6 55 -20 6.2 +8.3
IUSV iShares Core S&P U.S. Value ETF 0.6 4 31 6.8 +8.9
BLES Inspire Global Hope Large Cap ETF 0.6 61 -26 7.1 +9.3
DON WisdomTree U.S. MidCap Dividend Fund 0.6 38 -3 9.6 +11.8
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.6 25 10 7.7 +9.9
DFLV Dimensional US Large Cap Value ETF 0.6 22 13 9.1 +11.2
ESG FlexShares STOXX US ESG Impact Index Fund 0.6 32 3 5.6 +7.7
REVS Columbia Research Enhanced Value ETF 0.6 19 16 8.6 +10.8
SIZE iShares MSCI USA Size Factor ETF 0.6 15 20 6.8 +9.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 26 7.0 +9.1
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.6 15 20 5.6 +7.7
SMDY Syntax Stratified MidCap ETF 0.6 35 0 8.0 +10.2
EGUS iShares ESG Aware MSCI USA Growth ETF 0.6 15 20 5.0 +7.1
SPXT ProShares S&P 500 Ex-Technology ETF 0.6 9 26 6.3 +8.5
SQLV Legg Mason Small-Cap Quality Value 0.6 60 -25 10.4 +12.5
FNK First Trust Mid Cap Value AlphaDEX Fund 0.6 70 -35 12.3 +14.5
SNPE Xtrackers S&P 500 ESG ETF 0.6 10 25 6.0 +8.1
JGRO JPMorgan Active Growth ETF 0.6 44 -9 4.0 +6.1
LRGF iShares Edge MSCI Multifactor USA ETF 0.6 8 27 6.9 +9.1
USVT US Value ETF 0.6 49 -14 11.7 +13.8
VOT Vanguard Mid-Cap Growth Index Fund 0.6 7 28 5.1 +7.2
RWL Invesco S&P 500 Revenue ETF 0.6 39 -4 7.4 +9.6
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 0.6 38 -3 11.0 +13.2
DFUS Dimensional U.S. Equity ETF 0.6 9 26 5.8 +8.0
AFMC First Trust Active Factor Mid Cap ETF 0.5 65 -30 9.7 +11.9
TPLC Timothy Plan US Large Cap Core ETF 0.5 52 -17 6.6 +8.7
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.5 58 -23 6.5 +8.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.5 3 32 5.8 +7.9
CGW Invesco S&P Global Water Index ETF 0.5 57 -22 4.7 +6.9
IQSU IQ Candriam ESG US Equity ETF 0.5 9 26 5.5 +7.6
BUZZ VanEck Social Sentiment ETF 0.5 75 -40 1.1 +3.3
SFY SoFi Select 500 ETF 0.5 0 35 5.6 +7.8
IWV iShares Russell 3000 ETF 0.5 20 15 5.6 +7.8
FEX First Trust Large Cap Core AlphaDEX Fund 0.5 59 -24 7.1 +9.3
VTHR Vanguard Russell 3000 Index Fund 0.5 10 25 5.7 +7.8
SCHB Schwab U.S. Broad Market ETF 0.5 3 32 5.9 +8.0
SPXN ProShares S&P 500 Ex-Financials ETF 0.5 9 26 6.0 +8.1
EUSA iShares MSCI USA Equal Weighted ETF 0.5 9 26 7.0 +9.1
VLU SPDR S&P 1500 Value Tilt ETF 0.5 12 23 8.3 +10.5
VTI Vanguard Total Stock Market Index Fund 0.5 3 32 5.7 +7.9
SPXV ProShares S&P 500 Ex-Health Care ETF 0.5 9 26 5.6 +7.8
FDM First Trust Dow Jones Select Microcap Index Fund 0.5 60 -25 7.6 +9.8
IUS Invesco Strategic US ETF 0.5 19 16 8.1 +10.2
XVV iShares ESG Screened S&P 500 ETF 0.5 8 27 5.9 +8.0
SPTM SPDR Portfolio Total Stock Market ETF 0.5 3 32 6.2 +8.3
ESGU iShares MSCI USA ESG Optimized ETF 0.5 15 20 5.9 +8.0
VTV Vanguard Value Index Fund 0.5 4 31 7.8 +9.9
YPS Arrow Reverse Cap 500 ETF 0.5 29 6 6.8 +8.9
ACVF American Conservative Values ETF 0.5 75 -40 5.1 +7.3
QVML Invesco S&P 500 QVM Multi-factor ETF 0.4 11 24 6.2 +8.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.4 20 15 5.8 +8.0
CGGO Capital Group Global Growth Equity ETF 0.4 47 -12 4.6 +6.8
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.4 35 0 8.4 +10.5
CATH Global X S&P 500 Catholic Values Custom ETF 0.4 29 6 5.8 +8.0
DSI iShares MSCI KLD 400 Social ETF 0.4 25 10 5.9 +8.1
SCHK Schwab 1000 Index ETF 0.4 5 30 6.0 +8.1
JHML John Hancock Multifactor Large Cap ETF 0.4 29 6 6.4 +8.5
SCHV Schwab U.S. Large-Cap Value ETF 0.4 4 31 7.5 +9.6
IWB iShares Russell 1000 ETF 0.4 15 20 5.8 +7.9
VONE Vanguard Russell 1000 ETF 0.4 8 27 5.8 +8.0
IVV iShares Core S&P 500 ETF 0.4 3 32 6.0 +8.1
IYY iShares Dow Jones U.S. ETF 0.4 20 15 5.8 +7.9
SPY SPDR S&P 500 ETF Trust 0.4 9 26 5.9 +8.1
VOO VANGUARD S&P 500 ETF 0.4 3 32 6.0 +8.1
ADME Aptus Drawdown Managed Equity ETF 0.4 79 -44 5.0 +7.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.4 7 28 5.8 +8.0
EZM WisdomTree U.S. MidCap Earnings Fund 0.4 38 -3 11.1 +13.3
SPLG SPDR Portfolio S&P 500 ETF 0.4 2 33 6.0 +8.2
VOTE Engine No. 1 Transform 500 ETF 0.4 5 30 5.8 +8.0
STRV Strive 500 ETF 0.4 5 30 5.8 +8.0
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.4 12 23 8.5 +10.6
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.4 42 -7 6.5 +8.6
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.4 2 33 5.9 +8.1
ILCG iShares Morningstar Growth ETF 0.4 4 31 4.6 +6.8
VV Vanguard Large-Cap Index Fund 0.4 4 31 5.8 +8.0
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.4 24 11 9.2 +11.3
PBUS Invesco PureBeta MSCI USA ETF 0.4 4 31 5.9 +8.1
ILCB iShares Morningstar U.S. Equity ETF 0.4 3 32 5.9 +8.1
SCHX Schwab U.S. Large-Cap ETF 0.4 3 32 5.9 +8.1
ILCV iShares Morningstar Value ETF 0.4 4 31 7.7 +9.9
FAB First Trust Multi Cap Value AlphaDEX Fund 0.4 67 -32 11.0 +13.2
VBR Vanguard Small Cap Value Index Fund 0.4 7 28 9.2 +11.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.4 11 24 5.9 +8.0
GSPY Gotham Enhanced 500 ETF 0.4 50 -15 6.2 +8.3
RVRB Reverb ETF 0.4 30 5 5.8 +7.9
VUG Vanguard Growth Index Fund 0.4 4 31 4.8 +7.0
SCHG Schwab U.S. Large-Cap Growth ETF 0.4 4 31 4.9 +7.0
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 0.4 69 -34 5.5 +7.7
SHE SPDR SSGA Gender Diversity Index ETF 0.4 20 15 6.0 +8.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.4 9 26 6.4 +8.5
STLV iShares Factors US Value Style ETF 0.3 25 10 9.4 +11.6
RNDV US Equity Dividend Select ETF 0.3 50 -15 10.3 +12.4
AUSF Global X Adaptive U.S. Factor ETF 0.3 27 8 6.3 +8.4
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.3 14 21 5.9 +8.1
DTD WisdomTree U.S.Total Dividend Fund 0.3 28 7 7.4 +9.6
SMMD iShares Russell 2500 ETF 0.3 15 20 6.8 +9.0
MGV Vanguard Mega Cap Value ETF 0.3 7 28 7.5 +9.7
QQQ Invesco QQQ Trust 0.3 20 15 5.3 +7.5
QQQM Invesco NASDAQ 100 ETF 0.3 15 20 5.2 +7.4
TOK iShares MSCI Kokusai ETF 0.3 25 10 6.2 +8.4
KOKU Xtrackers MSCI Kokusai Equity ETF 0.3 9 26 6.5 +8.6
VT Vanguard Total World Stock ETF 0.3 7 28 6.6 +8.8
EBLU Ecofin Global Water ESG Fund 0.3 40 -5 4.5 +6.7
SNPG Xtrackers S&P 500 Growth ESG ETF 0.3 15 20 5.5 +7.7
EVUS iShares ESG Aware MSCI USA Value ETF 0.3 18 17 7.7 +9.9
CFA VictoryShares US 500 Volatility Weighted Index ETF 0.3 35 0 7.1 +9.2
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 0.3 36 -1 7.0 +9.2
IUSG iShares Core S&P US Growth ETF 0.3 4 31 6.0 +8.2
URTH iShares MSCI World ETF 0.3 24 11 6.4 +8.6
QGRO American Century STOXX U.S. Quality Growth ETF 0.3 29 6 6.7 +8.9
IWL iShares Russell Top 200 ETF 0.3 15 20 5.6 +7.7
MGC Vanguard Mega Cap Index Fund 0.3 7 28 5.7 +7.8
BKLC BNY Mellon US Large Cap Core Equity ETF 0.3 0 35 5.7 +7.9
IWP iShares Russell Mid-Cap Growth ETF 0.3 23 12 4.5 +6.6
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.3 21 14 4.2 +6.3
ACWI iShares MSCI ACWI ETF 0.3 32 3 6.5 +8.6
EMLP First Trust North American Energy Infrastructure Fund 0.2 95 -60 5.6 +7.8
ONEO SPDR Russell 1000 Momentum Focus ETF 0.2 20 15 7.9 +10.1
MGK Vanguard Mega Cap Growth ETF 0.2 7 28 4.9 +7.0
DLN WisdomTree U.S. LargeCap Dividend Fund 0.2 28 7 7.1 +9.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.2 20 15 5.7 +7.9
STXG Strive 1000 Growth ETF 0.2 18 17 5.1 +7.2
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.2 28 7 6.5 +8.6
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 0.2 15 20 6.0 +8.1
IVW iShares S&P 500 Growth ETF 0.2 18 17 5.8 +8.0
SCHM Schwab U.S. Mid-Cap ETF 0.2 4 31 6.7 +8.9
VOOG Vanguard S&P 500 Growth ETF 0.2 10 25 5.9 +8.1
SPYG SPDR Portfolio S&P 500 Growth ETF 0.2 4 31 6.0 +8.2
DIVB iShares Core Dividend 0.2 5 30 9.0 +11.1
SAGP Strategas Global Policy Opportunities ETF 0.2 65 -30 7.6 +9.7
WOMN Impact Shares YWCA Women's Empowerment ETF 0.2 75 -40 5.5 +7.6
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.2 75 -40 6.3 +8.5
NANC Unusual Whales Subversive Democratic Trading ETF 0.2 75 -40 4.8 +7.0
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.2 49 -14 5.3 +7.4
IETC iShares Evolved U.S. Technology ETF 0.2 18 17 5.2 +7.4
VDNI V-Shares US Leadership Diversity ETF 0.2 29 6 6.2 +8.3
TMFX Motley Fool Next Index ETF 0.2 50 -15 3.9 +6.0
AVLV Avantis U.S. Large Cap Value ETF 0.2 15 20 8.7 +10.9
VSLU Applied Finance Valuation Large Cap ETF 0.2 49 -14 6.6 +8.7
FLQL Franklin LibertyQ U.S. Equity ETF 0.2 15 20 7.4 +9.6
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 0.2 50 -15 4.0 +6.1
JSML Janus Henderson Small Cap Growth Alpha ETF 0.1 30 5 11.3 +13.5
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 20 6.7 +8.8
EPS WisdomTree U.S. Earnings 500 Fund 0.1 8 27 7.2 +9.4
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.1 61 -26 7.7 +9.9
KRUZ Unusual Whales Subversive Republican Trading ETF 0.1 75 -40 4.8 +6.9
DHS WisdomTree U.S. High Dividend Fund 0.1 38 -3 9.8 +12.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 26 6.6 +8.8
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 5 7.6 +9.7
SQEW LeaderShares Equity Skew ETF 0.1 75 -40 5.8 +7.9
AFLG First Trust Active Factor Large Cap ETF 0.1 55 -20 7.4 +9.6
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.1 30 5 9.5 +11.6
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.1 17 18 8.0 +10.1
ROUS Hartford Multifactor US Equity ETF 0.0 19 16 8.3 +10.5
IWF iShares Russell 1000 Growth ETF 0.0 19 16 5.3 +7.5
VONG Vanguard Russell 1000 Growth Index Fund 0.0 8 27 5.4 +7.6
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 0.0 35 0 8.8 +11.0
DUHP Dimensional US High Profitability ETF 0.0 21 14 8.1 +10.3
HKND Humankind US Stock ETF 0.0 11 24 7.3 +9.4
SXQG 6 Meridian Quality Growth ETF 0.0 100 -65 5.0 +7.2

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 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 -2.8 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 35 bp
Equals: ALTAR Score -2.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.42 CATEGORY
AVERAGE		 1.50
 
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.