SPDR S&P Oil & Gas Equipment & Services ETF
ALTAR
Score™		 -3.5% info Recommen-
dation		 AVOID
2021E    2022E
P/E
ratio		 -13.9x P/Sales
ratio		 0.9x
P/BV
ratio		 0.9x 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) $141
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) $5,972
Large cap (>$10bn) 18.5%
Mid cap ($2-10bn) 22.4%
Small cap (<$2bn) 59.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SCHLUMBERGER LTD 5.1 %
CACTUS, INC. CLASS A 4.9 %
HALLIBURTON CO 4.8 %
ARCHROCK INC. 4.8 %
US SILICA HOLDINGS INC 4.8 %
APERGY CORP. 4.7 %
TECHNIPFMC PLC 4.7 %
BAKER HUGHES, A GE COMPANY CLASS A 4.6 %
LIBERTY OILFIELD SERVICES INC. CLA 4.6 %
HELMERICH & PAYNE 4.6 %
Total 47.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 82.0 %
NETHERLANDS 5.3 %
BRITAIN 4.7 %
SWITZERLAND 4.2 %
BERMUDA 3.9 %






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.
20.3% 140.2% -19.8% -18.0% -10.1%

Market Correlations
versus... Beta R-squared
S&P500 2.80 69%
MSCI EAFE 2.99 77%
MSCI Emg. Mkts. 2.52 68%

Technical Indicators
Recent close $48.27
30d moving avg. $54.67
Annualized volatility 62.2%
Short interest (ETF) 1.7%
Short interest (Underlying) 5.6%
Relative strength (RSI) 32

Liquidity measures
Avg. volume (thou.) 127
Turnover 4.4%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $1,416

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 380 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™: -3.5%


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
(%)
IEZ iShares U.S. Oil Equipment & Services ETF 63.5 42 -7 -0.0 +3.4
OIH VanEck Vectors Oil Services ETF 63.4 35 0 -0.5 +3.0
PXJ Invesco Dynamic Oil & Gas Services ETF 58.5 63 -28 -1.2 +2.2
PSCE Invesco S&P SmallCap Energy ETF 33.2 29 6 0.7 +4.1
PXI Invesco DWA Energy Momentum ETF 17.8 60 -25 -0.7 +2.8
RYE Invesco S&P 500 Equal Weight Energy ETF 16.4 40 -5 3.4 +6.8
JHME John Hancock Multifactor Energy ETF 12.8 40 -5 3.4 +6.9
FENY Fidelity MSCI Energy Index ETF 9.7 8 27 3.8 +7.3
VDE Vanguard Energy Index Fund 9.1 10 25 3.7 +7.1
XLE Energy Select Sector SPDR Fund 9.0 12 23 4.1 +7.5
IYE iShares U.S. Energy ETF 7.8 42 -7 3.7 +7.2
FXN First Trust Energy AlphaDEX Fund 7.3 64 -29 2.9 +6.4
DWEQ AdvisorShares Dorsey Wright Alpha Equal Weight ETF 6.6 103 -68 0.8 +4.3
FTXN First Trust Nasdaq Oil & Gas ETF 5.6 60 -25 1.0 +4.4
IGE iShares North American Natural Resources ETF 5.2 46 -11 3.9 +7.4
IXC iShares Global Energy ETF 4.3 46 -11 5.3 +8.7
RDIV Invesco S&P Ultra Dividend Revenue ETF 3.8 39 -4 8.0 +11.5
SPHB Invesco S&P 500 High Beta ETF 3.7 25 10 4.8 +8.3
ALTL Pacer Lunt Large Cap Alternator ETF 3.6 60 -25 4.6 +8.0
SPDV AAM S&P 500 High Dividend Value ETF 3.2 29 6 8.0 +11.4
CSD Invesco S&P Spin-Off ETF 3.2 62 -27 3.9 +7.4
RZV Invesco S&P Smallcap 600 Pure Value ETF 3.0 35 0 6.3 +9.8
MLPX Global X MLP & Energy Infrastructure ETF 2.8 45 -10 4.1 +7.6
NIFE Direxion Fallen Knives ETF 2.5 50 -15 4.0 +7.4
EQRR ProShares Equities for Rising Rates ETF 2.3 35 0 5.7 +9.1
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 2.2 29 6 4.7 +8.2
IJS iShares S&P Small-cap 600 Value ETF 2.2 18 17 6.0 +9.5
SLYV SPDR S&P 600 Small Cap Value ETF 2.2 15 20 6.1 +9.6
VIOV Vanguard S&P Small-Cap 600 Value ETF 2.2 15 20 6.1 +9.5
ROKT SPDR S&P Kensho Final Frontiers ETF 2.2 45 -10 4.9 +8.3
AVUV Avantis U.S. Small Cap Value ETF 2.2 25 10 6.2 +9.7
USAI Pacer American Energy Independence ETF 2.1 75 -40 3.1 +6.5
IUSS Invesco Strategic US Small Company ETF 2.0 23 12 3.3 +6.8
VFMO Vanguard U.S. Momentum Factor ETF 2.0 13 22 1.9 +5.3
VNSE Natixis Vaughan Nelson Select ETF 1.8 85 -50 3.0 +6.5
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 1.8 40 -5 5.0 +8.5
BIBL Inspire ETF 1.7 35 0 4.1 +7.5
SYLD Cambria Shareholder Yield ETF 1.7 59 -24 6.8 +10.3
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 1.6 60 -25 6.6 +10.1
ONEY SPDR Russell 1000 Yield Focus ETF 1.5 20 15 6.1 +9.6
ISMD Inspire Small/Mid Cap Impact ETF 1.5 60 -25 4.6 +8.1
NUSC Nuveen ESG Small-Cap ETF 1.4 40 -5 3.6 +7.1
NUMV Nuveen ESG Mid-Cap Value ETF 1.4 40 -5 5.5 +9.0
RNSC Small Cap US Equity Select ETF 1.4 60 -25 5.2 +8.6
VAMO Cambria Value & Momentum ETF 1.4 63 -28 4.9 +8.4
IMCV iShares Morningstar Mid-Cap Value ETF 1.3 6 29 5.9 +9.4
IVLC Invesco US Large Cap Core ESG ETF 1.3 48 -13 4.1 +7.6
CSML IQ Chaikin U.S. Small Cap ETF 1.3 35 0 3.1 +6.6
XJR iShares ESG Screened S&P Small-Cap ETF 1.3 12 23 5.1 +8.5
SPSM SPDR Portfolio Small Cap ETF 1.3 5 30 5.4 +8.9
IJR iShares Core S&P Small Cap ETF 1.3 6 29 5.3 +8.8
SLY SPDR S&P 600 Small Cap ETF 1.3 15 20 5.3 +8.8
VIOO Vanguard S&P Small-Cap 600 ETF 1.3 10 25 5.3 +8.8
VUSE Vident Core US Equity Fund 1.3 48 -13 6.5 +10.0
IWN iShares Russell 2000 Value ETF 1.2 24 11 4.6 +8.1
BLES Inspire Global Hope Large Cap ETF 1.2 52 -17 4.9 +8.3
XSHQ Invesco S&P SmallCap Quality ETF 1.2 29 6 5.3 +8.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 1.2 39 -4 5.3 +8.8
VTWV Vanguard Russell 2000 Value Index Fund 1.2 15 20 4.9 +8.4
SYE SPDR MFS Systematic Core Equity ETF 1.2 60 -25 4.8 +8.3
TTAC TrimTabs US Free Cash Flow Quality ETF 1.2 59 -24 4.5 +7.9
FNDA Schwab Fundamental U.S. Small Co. Index ETF 1.1 25 10 4.7 +8.2
DTN WisdomTree U.S. Dividend ex-Financials Fund 1.1 38 -3 6.7 +10.2
QLC FlexShares US Quality Large Cap Index Fund 1.1 32 3 4.5 +8.0
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.1 39 -4 3.5 +6.9
OSCV Opus Small Cap Value Plus ETF 1.1 79 -44 4.2 +7.6
VLU SPDR S&P 1500 Value Tilt ETF 1.1 12 23 5.7 +9.1
VFVA Vanguard U.S. Value Factor ETF 1.1 14 21 8.1 +11.5
ISCV iShares Morningstar Small Cap Value ETF 1.1 6 29 5.8 +9.2
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.1 9 26 3.3 +6.8
SYV SPDR MFS Systematic Value Equity ETF 1.0 60 -25 6.1 +9.5
SPYD SPDR S&P 500 High Dividend ETF 1.0 7 28 7.8 +11.3
EQAL Invesco Russell 1000 Equal Weight ETF 1.0 20 15 4.8 +8.3
RVRS Reverse Cap Weighted U.S. Large Cap ETF 1.0 29 6 5.2 +8.6
GNR SPDR S&P Global Natural Resources ETF 1.0 40 -5 5.7 +9.2
XSVM Invesco S&P SmallCap Value with Momentum ETF 1.0 39 -4 6.2 +9.7
IUS Invesco Strategic US ETF 1.0 19 16 5.1 +8.5
VOE Vanguard Mid-Cap Value Index Fund 0.9 7 28 6.0 +9.4
HAP VanEck Vectors Natural Resources ETF 0.9 50 -15 5.0 +8.4
PQSV PGIM QMA Strategic Alpha Small-Cap Value ETF 0.9 29 6 3.4 +6.9
QDF FlexShares Quality Dividend Index Fund 0.9 37 -2 5.6 +9.0
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 0.9 20 15 0.0 +3.5
QDYN FlexShares Quality Dividend Dynamic Index Fund 0.9 37 -2 5.4 +8.8
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.9 24 11 5.4 +8.9
SLT Pacer Salt High truBeta US Market ETF 0.9 60 -25 2.7 +6.2
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.9 25 10 5.4 +8.8
DES WisdomTree U.S. SmallCap Dividend Fund 0.9 38 -3 6.1 +9.6
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.9 25 10 5.4 +8.9
FYX First Trust Small Cap Core AlphaDEX Fund 0.8 63 -28 5.2 +8.6
FUNL CornerCap Fundametrics Large-Cap ETF 0.8 50 -15 7.0 +10.4
EES WisdomTree SmallCap Earnings Fund 0.8 38 -3 7.3 +10.8
VFMF Vanguard U.S. Multifactor ETF 0.8 19 16 6.0 +9.5
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.8 4 31 4.6 +8.0
IMCB iShares Morningstar Mid-Cap ETF 0.8 4 31 4.5 +8.0
DGT SPDR Global Dow ETF 0.8 50 -15 6.1 +9.5
IWC iShares Micro-Cap ETF 0.7 60 -25 -2.4 +1.0
FYT First Trust Small Cap Value AlphaDEX Fund 0.7 72 -37 7.4 +10.9
VLUE iShares MSCI USA Value Factor ETF 0.7 15 20 8.9 +12.3
NULV Nuveen ESG Large-Cap Value ETF 0.7 35 0 5.9 +9.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.7 18 17 5.6 +9.1
LOWC SPDR MSCI ACWI Low Carbon Target ETF 0.7 20 15 5.1 +8.6
USMF WisdomTree U.S. Multifactor Fund 0.7 28 7 5.3 +8.8
FDG American Century Focused Dynamic Growth ETF 0.7 45 -10 1.4 +4.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.7 20 15 5.1 +8.6
PRF Invesco FTSE RAFI US 1000 ETF 0.7 39 -4 5.6 +9.1
REVS Columbia Research Enhanced Value ETF 0.7 19 16 6.4 +9.8
IWM iShares Russell 2000 ETF 0.7 19 16 2.5 +6.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.7 20 15 3.9 +7.4
RSP Invesco S&P 500 Equal Weight ETF 0.6 20 15 5.0 +8.5
SCHA Schwab U.S. Small-Cap ETF 0.6 4 31 3.5 +6.9
VTWO Vanguard Russell 2000 Index Fund 0.6 10 25 5.6 +9.1
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 0.6 17 18 3.9 +7.3
EQOP Natixis U.S. Equity Opportunities ETF 0.6 90 -55 3.7 +7.2
BOTZ Global X Robotics & Artificial Intelligence ETF 0.6 68 -33 2.3 +5.7
SSLY Syntax Stratified SmallCap ETF 0.6 30 5 4.7 +8.1
FYC First Trust Small Cap Growth AlphaDEX Fund 0.6 70 -35 2.1 +5.6
STSB iShares Factors US Small Blend Style ETF 0.6 35 0 3.5 +6.9
WWJD Inspire International ESG ETF 0.6 80 -45 5.3 +8.7
PBSM Invesco PureBeta MSCI USA Small Cap ETF 0.6 6 29 3.9 +7.4
ISCB iShares Morningstar Small-Cap ETF 0.6 4 31 3.8 +7.3
VBR Vanguard Small Cap Value Index Fund 0.6 7 28 5.9 +9.4
IWS iShares Russell Mid-Cap Value ETF 0.6 24 11 5.3 +8.7
MAGA Point Bridge GOP Stock Tracker ETF 0.6 72 -37 5.0 +8.5
AIEQ AI Powered Equity ETF 0.6 80 -45 3.3 +6.7
PSC Principal U.S. Small Cap Index ETF 0.5 38 -3 4.3 +7.8
TPYP Tortoise North American Pipeline Fund 0.5 40 -5 5.0 +8.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.5 30 5 4.9 +8.4
SIZE iShares MSCI USA Size Factor ETF 0.5 15 20 4.8 +8.3
VFQY Vanguard U.S. Quality Factor ETF 0.5 13 22 5.1 +8.5
GSPY Gotham Enhanced 500 ETF 0.5 50 -15 4.5 +8.0
VO Vanguard Mid-Cap Index Fund 0.5 4 31 4.3 +7.8
DWMC AdvisorShares Dorsey Wright Micro-Cap ETF 0.5 132 -97 -3.2 +0.3
AVUS Avantis U.S. Equity ETF 0.5 15 20 4.8 +8.2
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.5 65 -30 2.4 +5.8
AFMC First Trust Active Factor Mid Cap ETF 0.5 65 -30 5.2 +8.6
SPYV SPDR Portfolio S&P 500 Value ETF 0.4 4 31 5.9 +9.4
VOOV Vanguard S&P 500 Value ETF 0.4 10 25 5.9 +9.4
IVE iShares S&P 500 Value ETF 0.4 18 17 5.8 +9.2
VB Vanguard Small-Cap ETF 0.4 5 30 4.3 +7.7
IFRA iShares U.S. Infrastructure ETF 0.4 40 -5 3.1 +6.6
EUSA iShares MSCI USA Equal Weighted ETF 0.4 15 20 4.9 +8.3
RWL Invesco S&P 500 Revenue ETF 0.4 39 -4 5.7 +9.1
ESGS Columbia Sustainable U.S. Equity Income ETF 0.4 35 0 7.2 +10.7
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 0.4 20 15 6.7 +10.2
QSY WisdomTree U.S. LargeCap Value Fund 0.4 38 -3 6.4 +9.9
IUSV iShares Core S&P U.S. Value ETF 0.4 4 31 6.0 +9.4
SQLV Legg Mason Small-Cap Quality Value 0.4 62 -27 4.4 +7.8
SUSA iShares MSCI USA ESG Select ETF 0.4 25 10 4.2 +7.7
VTV Vanguard Value Index Fund 0.4 4 31 6.2 +9.6
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.4 24 11 5.6 +9.0
VYM Vanguard High Dividend Yield Index ETF 0.4 6 29 6.5 +10.0
DWAS Invesco DWA SmallCap Momentum ETF 0.4 60 -25 -0.7 +2.7
TPSC Timothy Plan US Small Cap Core ETF 0.4 52 -17 5.5 +8.9
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.4 25 10 4.7 +8.1
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.4 60 -25 2.6 +6.0
FDMO Fidelity Momentum Factor ETF 0.4 29 6 2.7 +6.2
RNLC Large Cap US Equity Select ETF 0.4 60 -25 5.0 +8.4
VONV Vanguard Russell 1000 Value Index Fund 0.4 8 27 11.6 +15.0
IWD iShares Russell 1000 Value ETF 0.4 19 16 5.6 +9.1
JDIV JPMorgan U.S. Dividend ETF 0.4 12 23 6.4 +9.9
VFLQ Vanguard U.S. Liquidity Factor ETF 0.4 14 21 3.3 +6.7
IWR iShares Russell Midcap ETF 0.4 19 16 4.4 +7.8
FQAL Fidelity Quality Factor ETF 0.4 29 6 4.7 +8.2
NULC Nuveen ESG Large-Cap ETF 0.4 20 15 4.4 +7.8
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.4 35 0 4.7 +8.1
SMDY Syntax Stratified MidCap ETF 0.4 30 5 4.8 +8.3
SCHV Schwab U.S. Large-Cap Value ETF 0.4 4 31 5.8 +9.2
JMIN JPMorgan U.S. Minimum Volatility ETF 0.3 12 23 5.3 +8.7
FSMD Fidelity Small-Mid Factor ETF 0.3 29 6 5.6 +9.1
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.3 15 20 4.6 +8.0
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.3 30 5 5.2 +8.6
AFSM First Trust Active Factor Small Cap ETF 0.3 77 -42 4.5 +7.9
DFAU Dimensional US Core Equity Market ETF 0.3 12 23 4.6 +8.1
JQUA JPMorgan U.S. Quality Factor ETF 0.3 12 23 4.9 +8.4
DEW WisdomTree Global High Dividend Fund 0.3 58 -23 8.1 +11.6
AVDG AVDR US LargeCap ESG ETF 0.3 60 -25 4.4 +7.8
DSI iShares MSCI KLD 400 Social ETF 0.3 25 10 4.4 +7.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.3 39 -4 3.7 +7.1
ILCV iShares Morningstar Value ETF 0.3 4 31 5.8 +9.3
ESG FlexShares STOXX US ESG Impact Index Fund 0.3 32 3 4.5 +7.9
JHSC John Hancock Multifactor Small Cap ETF 0.3 42 -7 4.5 +8.0
JHMM John Hancock Multifactor Mid Cap ETF 0.3 42 -7 4.4 +7.9
VXF Vanguard Extended Market Index Fund 0.3 6 29 2.7 +6.1
DHS WisdomTree U.S. High Dividend Fund 0.3 38 -3 7.6 +11.0
SPXT ProShares S&P 500 Ex-Technology ETF 0.3 27 8 4.7 +8.2
IWX iShares Russell Top 200 Value ETF 0.3 20 15 5.8 +9.2
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.3 12 23 5.7 +9.2
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.3 10 25 4.7 +8.1
ESGU iShares MSCI USA ESG Optimized ETF 0.3 15 20 4.4 +7.9
MGV Vanguard Mega Cap Value ETF 0.3 7 28 6.2 +9.7
SUSL iShares ESG MSCI USA Leaders ETF 0.3 10 25 4.7 +8.1
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 0.3 17 18 5.7 +9.1
GRES IQ Global Resources ETF 0.3 78 -43 5.6 +9.0
SLYG SPDR S&P 600 Small Cap Growth ETF 0.3 15 20 4.5 +8.0
IJT iShares S&P Small-Cap 600 Growth ETF 0.3 18 17 4.5 +7.9
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.3 16 19 4.6 +8.0
SNPE Xtrackers S&P 500 ESG ETF 0.3 10 25 4.6 +8.1
EFIV SPDR S&P 500 ESG ETF 0.3 10 25 4.6 +8.1
IQSU IQ Candriam ESG US Equity ETF 0.3 9 26 4.5 +7.9
SPXN ProShares S&P 500 Ex-Financials ETF 0.2 27 8 4.2 +7.7
SPXV ProShares S&P 500 Ex-Health Care ETF 0.2 27 8 4.2 +7.7
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.2 15 20 5.3 +8.7
VBK Vanguard Small-Cap Growth Index Fund 0.2 7 28 1.9 +5.4
XVV iShares ESG Screened S&P 500 ETF 0.2 8 27 4.7 +8.1
SCHB Schwab U.S. Broad Market ETF 0.2 3 32 4.4 +7.8
SPTM SPDR Portfolio Total Stock Market ETF 0.2 3 32 4.7 +8.2
ACVF American Conservative Values ETF 0.2 75 -40 4.1 +7.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 32 4.3 +7.8
RNDV US Equity Dividend Select ETF 0.2 50 -15 6.8 +10.3
PBP Invesco S&P 500 BuyWrite ETF 0.2 49 -14 4.4 +7.8
AMER Emles Made in America ETF 0.2 49 -14 6.1 +9.5
VTI Vanguard Total Stock Market Index Fund 0.2 3 32 4.3 +7.8
VIDI Vident International Equity Fund 0.2 59 -24 8.8 +12.3
IWV iShares Russell 3000 ETF 0.2 20 15 4.2 +7.7
VTHR Vanguard Russell 3000 Index Fund 0.2 10 25 4.3 +7.8
KOMP SPDR Kensho New Economies Composite ETF 0.2 20 15 1.9 +5.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.2 20 15 4.6 +8.0
SPLG SPDR Portfolio Large Cap ETF 0.2 3 32 4.7 +8.1
XYLG Global X S&P 500 Covered Call & Growth ETF 0.2 60 -25 4.3 +7.8
CATH Global X S&P 500 Catholic Values Custom ETF 0.2 29 6 4.3 +7.7
VOO VANGUARD S&P 500 ETF 0.2 3 32 4.7 +8.1
SPY SPDR S&P 500 ETF Trust 0.2 9 26 4.6 +8.0
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.2 60 -25 3.8 +7.2
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 0.2 35 0 6.0 +9.5
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 0.2 35 0 6.0 +9.5
IVV iShares Core S&P 500 ETF 0.2 3 32 4.6 +8.1
EWMC Invesco S&P MidCap 400 Equal Weight ETF 0.2 40 -5 5.2 +8.7
PWC Invesco Dynamic Market ETF 0.2 58 -23 4.0 +7.5
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 0.2 29 6 0.1 +3.5
RNMC Mid Cap US Equity Select ETF 0.2 60 -25 5.3 +8.8
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.2 49 -14 3.6 +7.1
MDYV SPDR S&P 400 Mid Cap Value ETF 0.2 15 20 6.3 +9.8
SCHK Schwab 1000 Index ETF 0.2 5 30 4.4 +7.9
IYY iShares Dow Jones U.S. ETF 0.2 20 15 4.3 +7.8
SHE SPDR SSGA Gender Diversity Index ETF 0.2 20 15 3.9 +7.3
SCHX Schwab U.S. Large-Cap ETF 0.2 3 32 4.5 +7.9
IWB iShares Russell 1000 ETF 0.2 15 20 4.4 +7.9
VONE Vanguard Russell 1000 ETF 0.2 8 27 4.5 +7.9
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.2 15 20 6.2 +9.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 26 4.8 +8.3
JHML John Hancock Multifactor Large Cap ETF 0.2 29 6 4.6 +8.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 33 4.6 +8.0
VV Vanguard Large-Cap Index Fund 0.2 4 31 4.5 +8.0
IMCG iShares Morningstar Mid-Cap Growth ETF 0.2 6 29 3.0 +6.5
IJJ iShares S&P Mid-Cap 400 Value ETF 0.2 18 17 6.3 +9.7
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.2 7 28 4.5 +7.9
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 32 4.4 +7.9
PBUS Invesco PureBeta MSCI USA ETF 0.2 4 31 4.5 +8.0
VALQ American Century STOXX U.S. Quality Value ETF 0.2 29 6 6.9 +10.3
XJH iShares ESG Screened S&P Mid-Cap ETF 0.2 12 23 5.2 +8.6
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.2 42 -7 4.6 +8.0
SPMD SPDR Portfolio Mid Cap ETF 0.2 5 30 5.2 +8.7
IVOO Vanguard S&P Mid-Cap 400 ETF 0.2 10 25 5.1 +8.5
IJH iShares Core S&P Mid-Cap ETF 0.2 5 30 5.3 +8.7
MDY SPDR S&P Midcap 400 ETF Trust 0.2 23 12 5.1 +8.5
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.2 20 15 4.5 +8.0
BKSE BNY Mellon US Small Cap Core Equity ETF 0.2 4 31 4.5 +8.0
QUS SPDR MSCI USA StrategicFactors ETF 0.2 15 20 5.1 +8.6
EPS WisdomTree U.S. Earnings 500 Fund 0.2 8 27 5.8 +9.2
JVAL JPMorgan U.S. Value Factor ETF 0.2 12 23 6.5 +10.0
FPX First Trust US IPO Index Fund 0.2 58 -23 1.4 +4.9
DIVB iShares U.S. Dividend & Buyback ETF 0.2 25 10 5.6 +9.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 26 5.1 +8.6
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.1 7 28 3.8 +7.2
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.1 15 20 4.0 +7.4
FAB First Trust Multi Cap Value AlphaDEX Fund 0.1 70 -35 6.9 +10.4
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.1 15 20 3.9 +7.3
IJK iShares S&P Mid-Cap 400 Growth ETF 0.1 17 18 4.0 +7.4
MXDU Nationwide Maximum Diversification US Core Equity ETF 0.1 34 1 4.1 +7.6
TOK iShares MSCI Kokusai ETF 0.1 25 10 4.7 +8.2
JMOM JPMorgan U.S. Momentum Factor ETF 0.1 12 23 3.3 +6.7
DTD WisdomTree U.S.Total Dividend Fund 0.1 28 7 6.0 +9.4
FTHI First Trust High Income ETF 0.1 85 -50 5.3 +8.7
FTLB First Trust Hedged BuyWrite Income ETF 0.1 85 -50 5.3 +8.7
IWL iShares Russell Top 200 ETF 0.1 15 20 4.4 +7.9
QUAL iShares MSCI Usa Quality Factor ETF 0.1 15 20 4.8 +8.3
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 26 4.8 +8.3
SMMD iShares Russell 2500 ETF 0.1 15 20 4.6 +8.0
MGC Vanguard Mega Cap Index Fund 0.1 7 28 4.6 +8.0
SFY SoFi Select 500 ETF 0.1 0 35 4.5 +8.0
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.1 63 -28 2.2 +5.6
DLN WisdomTree U.S. LargeCap Dividend Fund 0.1 28 7 5.9 +9.4
SCHM Schwab U.S. Mid-Cap ETF 0.1 4 31 4.6 +8.0
RWK Invesco S&P MidCap 400 Revenue ETF 0.1 39 -4 6.1 +9.5
URTH iShares MSCI World ETF 0.1 24 11 4.8 +8.3
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 15 5.3 +8.8
VT Vanguard Total World Stock ETF 0.1 8 27 5.2 +8.7
ACWI iShares MSCI ACWI ETF 0.1 32 3 4.9 +8.4
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 5 5.2 +8.7
HLAL Wahed FTSE USA Shariah ETF 0.1 50 -15 4.0 +7.5
TUSA First Trust Total US Market AlphaDEX ETF 0.1 70 -35 4.8 +8.3
RECS Columbia Research Enhanced Core ETF 0.1 15 20 5.1 +8.6
ISCG iShares Morningstar Small-Cap Growth ETF 0.1 6 29 1.7 +5.1
IWO iShares Russell 2000 Growth ETF 0.1 24 11 0.1 +3.5
VTWG Vanguard Russell 2000 Growth Index Fund 0.1 15 20 0.3 +3.7
SFYX Sofi Next 500 ETF 0.1 0 35 4.6 +8.1
AFLG First Trust Active Factor Large Cap ETF 0.0 55 -20 4.6 +8.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.0 75 -40 1.8 +5.3
ILCG iShares Morningstar Growth ETF 0.0 4 31 3.0 +6.5
SQEW LeaderShares Equity Skew ETF 0.0 75 -40 5.5 +8.9
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 23 4.0 +7.4
IMFL Invesco International Developed Dynamic Multifactor ETF 0.0 34 1 8.1 +11.6
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 16 5.0 +8.4
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.0 17 18 5.4 +8.8
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 0.0 15 20 5.6 +9.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.0 9 26 4.8 +8.2
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.0 29 6 5.0 +8.4
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 0.0 30 5 6.1 +9.6
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.0 21 14 3.0 +6.4
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 0.0 7 28 6.2 +9.6
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.0 39 -4 6.6 +10.0
IUSG iShares Core S&P US Growth ETF 0.0 4 31 3.8 +7.3
STMB iShares Factors US Mid Blend Style ETF 0.0 30 5 5.4 +8.9
VWO Vanguard FTSE Emerging Markets ETF 0.0 10 25 7.1 +10.5
EDIV SPDR S&P Emerging Markets Dividend ETF 0.0 49 -14 9.5 +12.9
KBE SPDR S&P Bank ETF 0.0 35 0 8.1 +11.5
KCE SPDR S&P Capital Markets ETF 0.0 35 0 7.4 +10.9
KIE SPDR S&P Insurance ETF 0.0 35 0 7.3 +10.8
ZGBR SPDR Solactive United Kingdom ETF 0.0 14 21 7.1 +10.5
KRE SPDR S&P Regional Banking ETF 0.0 35 0 7.1 +10.5
GXC SPDR S&P China ETF 0.0 59 -24 7.0 +10.5
DWX SPDR S&P International Dividend ETF 0.0 45 -10 6.9 +10.4
XLV Health Care Select Sector SPDR Fund 0.0 12 23 6.8 +10.3
ZDEU SPDR Solactive Germany ETF 0.0 14 21 6.7 +10.1
XLF Financial Select Sector SPDR Fund 0.0 12 23 6.6 +10.1
XHB SPDR S&P Homebuilders ETF 0.0 35 0 6.4 +9.8
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -30 6.4 +9.8
ZCAN SPDR Solactive Canada ETF 0.0 14 21 6.4 +9.8
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.0 20 15 5.9 +9.3
SDY SPDR S&P Dividend ETF 0.0 35 0 5.7 +9.2
ZHOK SPDR Solactive Hong Kong ETF 0.0 14 21 5.7 +9.1
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.0 20 15 5.6 +9.1
XME SPDR S&P Metals & Mining ETF 0.0 35 0 5.6 +9.0
RWR SPDR Dow Jones REIT ETF 0.0 25 10 5.6 +9.0
RWX SPDR Dow Jones International Real Estate ETF 0.0 59 -24 5.4 +8.8
XLU Utilities Select Sector SPDR Fund 0.0 12 23 5.3 +8.8
RWO SPDR Dow Jones Global Real Estate ETF 0.0 50 -15 5.3 +8.8
XLP Consumer Staples Select Sector SPDR Fund 0.0 12 23 5.0 +8.5
XAR SPDR S&P Aerospace & Defense ETF 0.0 35 0 4.9 +8.4
XLC The Communication Services Select Sector SPDR Fund 0.0 12 23 4.7 +8.2
LGLV SPDR Russell 1000 Low Volatility ETF 0.0 12 23 4.7 +8.1
XLB Materials Select Sector SPDR Fund 0.0 12 23 4.6 +8.1
XLI Industrial Select Sector SPDR Fund 0.0 12 23 4.5 +8.0
XRT SPDR S&P Retail ETF 0.0 35 0 4.4 +7.9
HAIL SPDR S&P Kensho Smart Mobility ETF 0.0 45 -10 4.3 +7.8
GII SPDR S&P Global Infrastructure ETF 0.0 40 -5 4.2 +7.6
XLK Technology Select Sector SPDR Fund 0.0 12 23 4.1 +7.6
XHS SPDR S&P Health Care Services ETF 0.0 35 0 4.1 +7.6
NANR SPDR S&P North American Natural Resources ETF 0.0 35 0 3.9 +7.3
SPYG SPDR Portfolio S&P 500 Growth ETF 0.0 4 31 3.8 +7.3
SIMS SPDR S&P Kensho Intelligent Structures ETF 0.0 45 -10 3.6 +7.1
FITE SPDR Kensho Future Security ETF 0.0 45 -10 3.4 +6.8
XSD SPDR S&P Semiconductor ETF 0.0 35 0 3.3 +6.7
XSW SPDR S&P Software & Services ETF 0.0 35 0 3.0 +6.5
XLY Consumer Discretionary Select Sector SPDR Fund 0.0 12 23 3.0 +6.4
XNTK SPDR NYSE Technology ETF 0.0 35 0 2.9 +6.4
CNRG SPDR S&P Kensho Clean Power ETF 0.0 45 -10 2.5 +6.0
XOP SPDR S&P Oil & Gas Exploration & Production ETF 0.0 35 0 2.3 +5.8
XPH SPDR S&P Pharmaceuticals ETF 0.0 35 0 2.3 +5.7
XTL SPDR S&P Telecom ETF 0.0 35 0 2.0 +5.5
XTN SPDR S&P Transportation ETF 0.0 35 0 1.7 +5.2
XITK SPDR FactSet Innovative Technology ETF 0.0 45 -10 0.3 +3.7
XWEB SPDR S&P Internet ETF 0.0 35 0 0.2 +3.6
XHE SPDR S&P Health Care Equipment ETF 0.0 35 0 -0.4 +3.1
XBI SPDR S&P BIOTECH ETF 0.0 35 0 -6.8 -3.3
WDIV SPDR Global Dividend ETF 0.0 40 -5 8.6 +12.0
SPEU SPDR Portfolio Europe ETF 0.0 9 26 6.0 +9.4
FEZ SPDR EURO STOXX 50 ETF 0.0 29 6 5.4 +8.8
GWX SPDR S&P International Small Cap ETF 0.0 40 -5 5.0 +8.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.0 30 5 6.5 +9.9
VEU Vanguard FTSE All-World ex-US Index Fund 0.0 8 27 6.4 +9.9
VXUS Vanguard Total International Stock ETF 0.0 8 27 6.3 +9.8
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 11 24 5.3 +8.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.0 30 5 7.5 +11.0
VEA Vanguard FTSE Developed Markets ETF 0.0 5 30 6.1 +9.6
VGK Vanguard FTSE Europe ETF 0.0 8 27 6.1 +9.5
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 4 31 5.8 +9.3
XLRE The Real Estate Select Sector SPDR Fund 0.0 12 23 4.9 +8.3
VSGX Vanguard ESG International Stock ETF 0.0 17 18 6.1 +9.5
QEFA SPDR MSCI EAFE Quality Mix ETF 0.0 30 5 5.7 +9.2

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
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 0.9 x
Less: Expense ratio 35 bp
Equals: ALTAR Score -3.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.63 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.