Utilities Select Sector SPDR Fund
ALTAR
Score™		 6.2% info Recommen-
dation		 UNDERWEIGHT
2023E    2024E
P/E
ratio		 17.7x P/Sales
ratio		 2.4x
P/BV
ratio		 1.9x Div.
yield		 3.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Select Sector SPDRŽ holding S&P 500 stocks in the Utilities sector. The fund seeks investment results that, before expenses, generally correspond to the price and yield performance of the benchmark index.

FUND BASICS
Category US Equities
Fund Sponsor State Street Global Advisors
Website www.sectorspdrs.com
Inception date Dec 16, 1998
Assets (mns) $15,088
Currency USD
Expense ratio 10 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 30
Wgt avg mkt cap (mns) $53,046
Large cap (>$10bn) 98.3%
Mid cap ($2-10bn) 1.7%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
NEXTERA ENERGY GROUP 15.7 %
SOUTHERN CO 7.8 %
DUKE ENERGY CORP 7.6 %
AMERICAN ELECTRIC POWER 4.8 %
SEMPRA ENERGY 4.7 %
DOMINION RESOURCES INC/VA 4.7 %
EXELON CORP 4.2 %
XCEL ENERGY INC 3.7 %
CONSOLIDATED EDISON INC 3.5 %
WEC ENERGY GROUP INC 3.1 %
Total 59.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.8 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
-7.8% -1.5% 9.2% 9.3% 6.9%

Market Correlations
versus... Beta R-squared
S&P500 0.56 39%
MSCI EAFE 0.49 29%
MSCI Emg. Mkts. 0.40 22%

Technical Indicators
Recent close $65.95
30d moving avg. $66.19
Annualized volatility 18.8%
Short interest (ETF) 14.6%
Short interest (Underlying) 1.3%
Relative strength (RSI) 45

Liquidity measures
Avg. volume (thou.) 13,046
Turnover 5.7%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $3,156

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 437 potential alternatives to the Utilities Select Sector SPDR Fund ETF based on the alternatives' overlap in portfolio holdings with XLU. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: XLU Expense: 10 bp ALTAR Score™: 6.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH XLU
Ticker Fund
Name		 Overlap1
vs XLU
(%)		 Expense
ratio
(bp)		 Savings
vs XLU
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs XLU
(%)
VPU Vanguard Utilities Index Fund 88.5 10 0 6.1 -0.1
FUTY Fidelity MSCI Utilities Index ETF 88.4 8 2 6.2 -0.0
IDU iShares U.S. Utilities ETF 85.7 39 -29 5.8 -0.5
RYU Invesco S&P 500 Equal Weight Utilities ETF 73.1 40 -30 7.0 +0.8
JXI iShares Global Utilities ETF 65.0 40 -30 6.4 +0.1
PUI Invesco DWA Utilities Momentum ETF 55.6 60 -50 5.7 -0.5
UTES Virtus Reaves Utilities ETF 49.2 49 -39 5.6 -0.6
FXU First Trust Utilities AlphaDEX Fund 47.5 64 -54 7.4 +1.1
ECLN First Trust EIP Carbon Impact ETF 36.4 95 -85 4.6 -1.6
IGF iShares Global Infrastructure ETF 29.3 40 -30 4.8 -1.4
GII SPDR S&P Global Infrastructure ETF 29.2 40 -30 4.8 -1.4
RBLD First Trust Alerian US NextGen Infrastructure ETF 28.1 65 -55 6.1 -0.1
EMLP First Trust North American Energy Infrastructure Fund 25.0 95 -85 5.9 -0.3
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 24.4 35 -25 10.1 +3.9
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 24.4 35 -25 10.1 +3.9
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 23.3 25 -15 6.9 +0.6
SPLV Invesco S&P 500 Low Volatility ETF 23.3 25 -15 6.8 +0.6
ORFN Constrained Capital ESG Orphans ETF 23.3 75 -65 6.6 +0.3
DVY iShares Select Dividend ETF 22.9 39 -29 9.7 +3.5
TPHE Timothy Plan High Dividend Stock Enhanced ETF 22.8 52 -42 7.3 +1.1
TPHD Timothy Plan High Dividend Stock ETF 22.8 52 -42 7.7 +1.5
LVHD Legg Mason Low Volatility High Dividend ETF 22.6 27 -17 8.4 +2.1
IFRA iShares U.S. Infrastructure ETF 22.2 30 -20 7.1 +0.9
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 17.6 75 -65 5.9 -0.3
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 17.5 47 -37 5.6 -0.6
GREI Goldman Sachs Future Real Estate and Infrastructure Equity E 16.1 75 -65 3.6 -2.6
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 15.4 30 -20 9.5 +3.3
SPVM Invesco S&P 500 Value with Momentum ETF 14.7 39 -29 10.1 +3.9
GLIF AGFiQ Global Infrastructure ETF 13.9 45 -35 6.2 -0.0
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 13.7 45 -35 4.8 -1.5
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 13.7 47 -37 6.3 +0.1
VCLN Virtus Duff & Phelps Clean Energy ETF 13.0 59 -49 4.0 -2.2
VOE Vanguard Mid-Cap Value Index Fund 13.0 7 3 9.2 +2.9
KVLE KFA Value Liner Dynamic Core Equity Index ETF 12.7 55 -45 7.3 +1.1
DURA VanEck Morningstar Durable Dividend ETF 12.7 29 -19 9.2 +3.0
HUSV First Trust Horizon Managed Volatility Domestic ETF 12.6 70 -60 6.3 +0.1
SPYD SPDR S&P 500 High Dividend ETF 12.5 7 3 11.3 +5.1
MAGA Point Bridge GOP Stock Tracker ETF 12.0 72 -62 7.1 +0.9
FVD First Trust Value Line Dividend Index Fund 11.8 67 -57 6.9 +0.6
DHS WisdomTree U.S. High Dividend Fund 11.5 38 -28 10.3 +4.1
IMCV iShares Morningstar Mid-Cap Value ETF 11.4 6 4 9.5 +3.3
FTA First Trust Large Cap Value AlphaDEX Fund 11.3 59 -49 10.2 +3.9
CZA Invesco Zacks Mid-Cap ETF 11.1 69 -59 7.8 +1.6
FLDZ RiverNorth Volition America Patriot ETF 10.7 70 -60 7.3 +1.1
DKRB Subversive Decarbonization ETF 10.6 75 -65 5.1 -1.2
LGLV SPDR Russell 1000 Low Volatility ETF 9.7 12 -2 6.2 -0.0
DIVZ TrueShares Low Volatility Equity Income ETF 9.7 65 -55 10.3 +4.1
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 9.7 52 -42 6.6 +0.4
TPLC Timothy Plan US Large Cap Core ETF 9.6 52 -42 7.2 +1.0
SDOG ALPS Sector Dividend Dogs ETF 9.4 40 -30 11.4 +5.2
FBCV Fidelity Blue Chip Value ETF 9.0 59 -49 7.8 +1.6
JPUS JPMorgan Diversified Return U.S. Equity ETF 9.0 18 -8 9.1 +2.9
CNRG SPDR S&P Kensho Clean Power ETF 8.8 45 -35 2.9 -3.3
PEY Invesco High Yield Equity Dividend Achievers ETF 8.7 53 -43 9.2 +3.0
HDV iShares Core High Dividend ETF 8.4 8 2 10.3 +4.1
SMOG VanEck Low Carbon Energy ETF 8.3 55 -45 3.4 -2.9
NLR VanEck Uranium+Nuclear Energy ETF 8.2 60 -50 6.1 -0.2
IWS iShares Russell Mid-Cap Value ETF 8.2 23 -13 7.9 +1.7
USMV iShares Edge MSCI Min Vol USA ETF 8.0 15 -5 6.8 +0.6
ESMV iShares ESG MSCI USA Min Vol Factor ETF 7.9 18 -8 6.6 +0.4
SPMV Invesco S&P 500 Minimum Variance ETF 7.8 10 0 6.6 +0.4
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 7.7 24 -14 9.6 +3.4
SIXL 6 Meridian Low Beta Equity Strategy ETF 7.3 82 -72 6.7 +0.5
FDL First Trust Morningstar Dividend Leaders Index Fund 7.2 45 -35 10.8 +4.6
BLLD JPMorgan Sustainable Infrastructure ETF 7.1 49 -39 5.5 -0.8
DIP BTD Capital Fund 7.0 129 -119 7.1 +0.9
FEX First Trust Large Cap Core AlphaDEX Fund 7.0 59 -49 8.3 +2.1
CFA VictoryShares US 500 Volatility Weighted Index ETF 6.8 35 -25 7.7 +1.5
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 6.8 35 -25 7.7 +1.4
VO Vanguard Mid-Cap Index Fund 6.7 4 6 7.3 +1.1
VYM Vanguard High Dividend Yield Index ETF 6.6 6 4 8.8 +2.6
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 6.6 20 -10 8.8 +2.6
IMCB iShares Morningstar Mid-Cap ETF 6.5 4 6 7.4 +1.2
BKMC BNY Mellon US Mid Cap Core Equity ETF 6.5 4 6 7.4 +1.2
EQAL Invesco Russell 1000 Equal Weight ETF 6.5 20 -10 7.2 +1.0
SSPY Syntax Stratified LargeCap ETF 6.4 30 -20 7.7 +1.5
DGRO iShares Core Dividend Growth ETF 6.3 8 2 8.0 +1.8
ONEY SPDR Russell 1000 Yield Focus ETF 6.2 20 -10 11.0 +4.8
RSP Invesco S&P 500 Equal Weight ETF 6.2 20 -10 7.4 +1.2
VRAI Virtus Real Asset Income ETF 6.1 55 -45 8.4 +2.2
FAB First Trust Multi Cap Value AlphaDEX Fund 6.1 69 -59 11.9 +5.6
JEPI JPMorgan Equity Premium Income ETF 6.1 35 -25 6.4 +0.2
YPS Arrow Reverse Cap 500 ETF 6.0 29 -19 7.1 +0.9
QQXT First Trust Nasdaq-100 Ex-Technology Sector Index Fund 6.0 60 -50 5.3 -1.0
STXV Strive 1000 Value ETF 6.0 18 -8 9.3 +3.1
ACWV iShares MSCI Global Min Vol Factor ETF 6.0 20 -10 8.3 +2.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 5.8 9 1 7.1 +0.9
VTV Vanguard Value Index Fund 5.7 4 6 8.6 +2.4
DLN WisdomTree U.S. LargeCap Dividend Fund 5.7 28 -18 7.9 +1.7
IVE iShares S&P 500 Value ETF 5.6 18 -8 7.2 +1.0
QLV FlexShares US Quality Low Volatility Index Fund 5.6 22 -12 6.7 +0.5
SPYV SPDR Portfolio S&P 500 Value ETF 5.6 4 6 7.3 +1.1
VOOV Vanguard S&P 500 Value ETF 5.6 10 0 7.3 +1.0
VNMC Natixis Vaughan Nelson Mid Cap ETF 5.6 85 -75 7.8 +1.6
SAMT Strategas Macro Thematic Opportunities ETF 5.5 65 -55 4.2 -2.0
SDY SPDR S&P Dividend ETF 5.4 35 -25 7.4 +1.2
REVS Columbia Research Enhanced Value ETF 5.4 19 -9 9.6 +3.4
BRNY Burney U.S. Factor Rotation ETF 5.4 79 -69 9.3 +3.1
IWD iShares Russell 1000 Value ETF 5.4 18 -8 8.0 +1.8
VONV Vanguard Russell 1000 Value Index Fund 5.4 8 2 8.1 +1.9
ONEV SPDR Russell 1000 Low Volatility Focus ETF 5.4 20 -10 8.7 +2.5
CGDV Capital Group Dividend Value ETF 5.3 33 -23 6.9 +0.7
JAVA JPMorgan Active Value ETF 5.3 44 -34 7.2 +1.0
FLV American Century Focused Large Cap Value ETF 5.3 42 -32 7.4 +1.2
IUSV iShares Core S&P U.S. Value ETF 5.3 4 6 7.5 +1.3
SELV SEI Enhanced Low Volatility U.S. Large Cap ETF 5.3 15 -5 8.2 +2.0
DEF Invesco Defensive Equity ETF 5.2 55 -45 6.8 +0.6
IWR iShares Russell Midcap ETF 5.2 18 -8 6.9 +0.7
DTD WisdomTree U.S.Total Dividend Fund 5.2 28 -18 8.3 +2.0
ESGS Columbia Sustainable U.S. Equity Income ETF 5.2 35 -25 8.5 +2.3
DEIF Sterling Capital Diverse Multi-Manager Active ETF 5.1 65 -55 7.7 +1.5
SCHV Schwab U.S. Large-Cap Value ETF 5.0 4 6 8.1 +1.9
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 5.0 17 -7 8.7 +2.5
VNSE Natixis Vaughan Nelson Select ETF 5.0 80 -70 4.5 -1.7
VALQ American Century STOXX U.S. Quality Value ETF 4.9 29 -19 11.0 +4.8
JHMM John Hancock Multifactor Mid Cap ETF 4.9 41 -31 8.3 +2.1
EUSA iShares MSCI USA Equal Weighted ETF 4.9 9 1 7.3 +1.0
ILCV iShares Morningstar Value ETF 4.8 4 6 8.4 +2.1
NULV Nuveen ESG Large-Cap Value ETF 4.8 25 -15 8.6 +2.4
ZECP Zacks Earnings Consistent Portfolio ETF 4.7 55 -45 6.7 +0.5
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 4.7 15 -5 7.7 +1.5
EVUS iShares ESG Aware MSCI USA Value ETF 4.7 18 -8 8.4 +2.2
SPDV AAM S&P 500 High Dividend Value ETF 4.6 29 -19 12.2 +6.0
NUMV Nuveen ESG Mid-Cap Value ETF 4.6 30 -20 10.4 +4.2
SIZE iShares MSCI USA Size Factor ETF 4.6 15 -5 7.2 +1.0
DRLL Strive U.S. Energy ETF 4.6 41 -31 7.9 +1.7
FUNL CornerCap Fundametrics Large-Cap ETF 4.6 50 -40 9.0 +2.7
NOBL ProShares S&P 500 Dividend Aristocrats ETF 4.5 35 -25 6.9 +0.7
DEW WisdomTree Global High Dividend Fund 4.4 58 -48 11.0 +4.7
YLDE ClearBridge Dividend Strategy ESG ETF 4.3 59 -49 6.6 +0.3
MBCC Monarch Blue Chips Core ETF 4.3 125 -115 4.1 -2.1
PFM Invesco Dividend Achievers ETF 4.3 53 -43 7.0 +0.8
SDEI Sound Equity Income ETF 4.3 45 -35 10.6 +4.3
NUDV Nuveen ESG Dividend ETF 4.2 25 -15 8.2 +2.0
AIEQ AI Powered Equity ETF 4.2 75 -65 -6.1 -12.3
QDEF FlexShares Quality Dividend Defensive Index Fund 4.2 37 -27 7.7 +1.5
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 4.2 30 -20 9.3 +3.1
SOLR SmartETFs Sustainable Energy II Fund 4.2 79 -69 3.8 -2.4
QMOM Alpha Architect U.S. Quantitative Momentum ETF 4.1 49 -39 7.3 +1.1
PRF Invesco FTSE RAFI US 1000 ETF 4.1 39 -29 8.3 +2.0
BKUS BNY Mellon Sustainable US Equity ETF 4.1 60 -50 5.9 -0.4
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 4.1 60 -50 8.7 +2.5
SNPV Xtrackers S&P ESG Value ETF 4.1 15 -5 8.0 +1.8
EQWL Invesco Russell Top 200 Equal Weight ETF 4.1 25 -15 7.7 +1.5
JHML John Hancock Multifactor Large Cap ETF 4.1 29 -19 7.1 +0.9
MGV Vanguard Mega Cap Value ETF 4.0 7 3 8.4 +2.1
SPXT ProShares S&P 500 Ex-Technology ETF 4.0 27 -17 7.1 +0.9
HAPY Harbor Corporate Culture Leaders ETF 4.0 36 -26 4.9 -1.3
RFDA RiverFront Dynamic US Dividend Advantage ETF 4.0 52 -42 8.8 +2.5
IWX iShares Russell Top 200 Value ETF 4.0 20 -10 8.0 +1.8
STLV iShares Factors US Value Style ETF 4.0 25 -15 10.7 +4.5
ICAP InfraCap Equity Income Fund ETF 4.0 80 -70 11.2 +5.0
WKLY SoFi Weekly Dividend ETF 3.9 49 -39 9.4 +3.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 3.9 12 -2 7.3 +1.1
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 3.8 57 -47 5.4 -0.8
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 3.8 35 -25 5.6 -0.6
AFLG First Trust Active Factor Large Cap ETF 3.8 55 -45 8.2 +2.0
FPX First Trust US IPO Index Fund 3.8 57 -47 3.2 -3.1
QUS SPDR MSCI USA StrategicFactors ETF 3.8 15 -5 7.2 +1.0
GBUY Goldman Sachs Future Consumer Equity ETF 3.8 75 -65 3.2 -3.0
ACSI American Customer Satisfaction Core Alpha ETF 3.8 65 -55 4.7 -1.6
ROUS Hartford Multifactor US Equity ETF 3.6 19 -9 8.7 +2.5
ONEO SPDR Russell 1000 Momentum Focus ETF 3.6 20 -10 9.3 +3.1
GSFP Goldman Sachs Future Planet Equity ETF 3.6 75 -65 4.0 -2.2
ICLN iShares Global Clean Energy ETF 3.5 40 -30 3.6 -2.6
FAN First Trust Global Wind Energy ETF 3.5 62 -52 5.0 -1.2
QLC FlexShares US Quality Large Cap Index Fund 3.5 25 -15 7.6 +1.4
NACP Impact Shares NAACP Minority Empowerment ETF 3.5 49 -39 6.6 +0.4
TEMP JPMorgan Climate Change Solutions ETF 3.4 49 -39 4.6 -1.6
SPXN ProShares S&P 500 Ex-Financials ETF 3.4 27 -17 6.5 +0.3
SPXV ProShares S&P 500 Ex-Health Care ETF 3.3 27 -17 6.3 +0.0
NTZG Nuveen Global Net Zero Transition ETF 3.3 55 -45 6.1 -0.1
JUSA JPMorgan ActiveBuilders U.S. Large Cap Equity ETF 3.3 17 -7 6.9 +0.7
FNDX Schwab Fundamental U.S. Large Co. Index ETF 3.3 25 -15 8.3 +2.1
BNE Blue Horizon BNE ETF 3.3 87 -77 5.2 -1.0
QVML Invesco S&P 500 QVM Multi-factor ETF 3.2 11 -1 7.1 +0.9
DON WisdomTree U.S. MidCap Dividend Fund 3.2 38 -28 10.3 +4.0
CGUS Capital Group Core Equity ETF 3.2 33 -23 6.7 +0.5
VLU SPDR S&P 1500 Value Tilt ETF 3.2 12 -2 8.8 +2.6
SPMO Invesco S&P 500 Momentum ETF 3.1 13 -3 7.8 +1.5
RNDV US Equity Dividend Select ETF 3.1 50 -40 10.0 +3.7
PWV Invesco Dynamic Large Cap Value ETF 3.1 58 -48 9.3 +3.1
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 3.0 15 -5 6.6 +0.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 3.0 25 -15 8.2 +2.0
SPXE ProShares S&P 500 Ex-Energy ETF 3.0 27 -17 6.5 +0.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 3.0 20 -10 6.6 +0.4
GRZZ Grizzle Growth ETF 2.9 75 -65 7.9 +1.7
HAP VanEck Natural Resources ETF 2.9 49 -39 9.4 +3.1
NZRO Strategy Shares Halt Climate Change ETF 2.9 95 -85 2.0 -4.2
RSPE Invesco ESG S&P 500 Equal Weight ETF 2.9 20 -10 8.0 +1.8
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 2.9 9 1 7.4 +1.2
CATH Global X S&P 500 Catholic Values Custom ETF 2.9 29 -19 6.5 +0.3
IVV iShares Core S&P 500 ETF 2.9 3 7 6.9 +0.6
SPY SPDR S&P 500 ETF Trust 2.9 9 1 6.8 +0.6
VOO VANGUARD S&P 500 ETF 2.9 3 7 6.9 +0.6
FIW First Trust Water ETF 2.9 53 -43 4.5 -1.7
IWTR iShares MSCI Water Management Multisector ETF 2.9 47 -37 5.4 -0.8
AQWA Global X Clean Water ETF 2.9 50 -40 5.1 -1.1
CGW Invesco S&P Global Water Index ETF 2.9 57 -47 4.6 -1.6
EBLU Ecofin Global Water ESG Fund 2.9 40 -30 4.5 -1.7
PHO Invesco Water Resources ETF 2.9 60 -50 5.0 -1.2
PIO Invesco Global Water ETF 2.9 75 -65 5.7 -0.5
EFRA iShares Environmental Infrastructure and Industrials ETF 2.9 47 -37 5.3 -0.9
SPLG SPDR Portfolio S&P 500 ETF 2.9 3 7 6.9 +0.6
LRGF iShares Edge MSCI Multifactor USA ETF 2.9 8 2 7.9 +1.7
FLLV Franklin Liberty U.S. Low Volatility ETF 2.8 29 -19 6.6 +0.4
VIG Vanguard Dividend Appreciation Index Fund 2.8 6 4 7.1 +0.8
ROCI ROC ETF 2.8 49 -39 5.5 -0.7
DIVB iShares Core Dividend 2.8 5 5 9.5 +3.3
ADME Aptus Drawdown Managed Equity ETF 2.8 79 -69 6.0 -0.2
PAVE Global X U.S. Infrastructure Development ETF 2.8 47 -37 7.7 +1.5
FDLO Fidelity Low Volatility Factor ETF 2.8 29 -19 6.5 +0.2
TPYP Tortoise North American Pipeline Fund 2.8 40 -30 5.7 -0.5
RWL Invesco S&P 500 Revenue ETF 2.8 39 -29 7.9 +1.7
VSDA VictoryShares Dividend Accelerator ETF 2.8 35 -25 7.2 +1.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 2.7 2 8 6.7 +0.5
RNLC Large Cap US Equity Select ETF 2.7 60 -50 7.7 +1.5
AILV Alpha Intelligent - Large Cap Value ETF 2.7 85 -75 7.4 +1.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 2.7 7 3 6.7 +0.4
VV Vanguard Large-Cap Index Fund 2.7 4 6 6.7 +0.5
STRV Strive 500 ETF 2.7 5 5 6.6 +0.4
VOTE Engine No. 1 Transform 500 ETF 2.7 5 5 6.5 +0.3
ILCB iShares Morningstar U.S. Equity ETF 2.7 3 7 6.8 +0.5
PBUS Invesco PureBeta MSCI USA ETF 2.7 4 6 6.8 +0.6
AVUS Avantis U.S. Equity ETF 2.7 15 -5 7.8 +1.6
EGIS 2nd Vote Society Defended ETF 2.7 75 -65 7.5 +1.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 2.7 20 -10 6.6 +0.3
GURU Global X Guru Index ETF 2.7 75 -65 5.0 -1.2
SHE SPDR SSGA Gender Diversity Index ETF 2.6 20 -10 6.9 +0.7
QWLD SPDR MSCI World StrategicFactors ETF 2.6 30 -20 7.6 +1.4
FDRR Fidelity Dividend ETF for Rising Rates 2.6 29 -19 9.8 +3.6
RECS Columbia Research Enhanced Core ETF 2.6 15 -5 7.8 +1.6
IWB iShares Russell 1000 ETF 2.6 15 -5 6.6 +0.4
SCHX Schwab U.S. Large-Cap ETF 2.6 3 7 6.7 +0.5
VONE Vanguard Russell 1000 ETF 2.6 8 2 6.7 +0.4
SPTM SPDR Portfolio Total Stock Market ETF 2.6 3 7 7.0 +0.8
IYY iShares Dow Jones U.S. ETF 2.6 20 -10 6.5 +0.3
VLUE iShares MSCI USA Value Factor ETF 2.6 15 -5 12.4 +6.2
DFUS Dimensional U.S. Equity ETF 2.6 11 -1 6.7 +0.5
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 2.5 11 -1 6.7 +0.4
DFAU Dimensional US Core Equity Market ETF 2.5 12 -2 6.9 +0.7
FDMO Fidelity Momentum Factor ETF 2.5 29 -19 6.7 +0.5
SCHK Schwab 1000 Index ETF 2.5 5 5 6.7 +0.5
STXD Strive 1000 Dividend Growth ETF 2.5 35 -25 6.8 +0.6
CSD Invesco S&P Spin-Off ETF 2.5 65 -55 7.5 +1.3
RAYD Rayliant Quantitative Developed Market Equity ETF 2.5 80 -70 9.5 +3.3
QDIV Global X S&P 500 Quality Dividend ETF 2.5 20 -10 9.7 +3.5
YALL God Bless America ETF 2.5 65 -55 4.3 -1.9
EQUL IQ Engender Equality ETF 2.5 45 -35 7.8 +1.5
VTI Vanguard Total Stock Market Index Fund 2.5 3 7 6.5 +0.3
IWV iShares Russell 3000 ETF 2.5 20 -10 6.4 +0.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 2.5 3 7 6.5 +0.3
VTHR Vanguard Russell 3000 Index Fund 2.4 10 0 6.5 +0.3
PWC Invesco Dynamic Market ETF 2.4 60 -50 8.1 +1.8
EPS WisdomTree U.S. Earnings 500 Fund 2.4 8 2 8.3 +2.1
KRMA Global X Conscious Companies ETF 2.4 43 -33 6.9 +0.7
RESP WisdomTree US ESG Fund of Benef Interest 2.4 28 -18 7.9 +1.7
RVRB Reverb ETF 2.4 30 -20 6.7 +0.5
SCHB Schwab U.S. Broad Market ETF 2.4 3 7 6.6 +0.4
SFY SoFi Select 500 ETF 2.4 0 10 6.9 +0.7
FVAL Fidelity Value Factor ETF 2.4 29 -19 10.1 +3.9
LCTU BlackRock U.S. Carbon Transition Readiness ETF 2.4 14 -4 6.6 +0.3
JVAL JPMorgan U.S. Value Factor ETF 2.3 12 -2 10.2 +4.0
JCTR JPMorgan Carbon Transition U.S. Equity ETF 2.3 15 -5 6.4 +0.2
RDIV Invesco S&P Ultra Dividend Revenue ETF 2.3 39 -29 13.9 +7.7
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 2.3 25 -15 7.8 +1.6
MTUM iShares MSCI USA Momentum Factor ETF 2.3 15 -5 8.2 +2.0
FMIL Fidelity New Millennium ETF 2.3 59 -49 6.9 +0.7
IVRA Invesco Real Assets ESG ETF 2.3 59 -49 7.2 +1.0
ACVF American Conservative Values ETF 2.2 75 -65 5.9 -0.3
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 2.2 15 -5 7.6 +1.3
ESGU iShares MSCI USA ESG Optimized ETF 2.2 15 -5 6.7 +0.5
VFMV Vanguard U.S. Minimum Volatility ETF 2.2 13 -3 6.9 +0.7
INNO Harbor Disruptive Innovation ETF 2.2 75 -65 -3.6 -9.8
FDWM Fidelity Women's Leadership ETF 2.2 59 -49 6.4 +0.1
AIVL WisdomTree U.S. AI Enhanced Value Fund 2.1 38 -28 7.5 +1.3
DIV Global X SuperDividend US ETF 2.1 45 -35 8.8 +2.6
WOMN Impact Shares YWCA Women's Empowerment ETF 2.1 75 -65 6.4 +0.2
SCHM Schwab U.S. Mid-Cap ETF 2.1 4 6 7.0 +0.7
PDP Invesco DWA Momentum ETF 2.1 62 -52 5.9 -0.3
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 2.0 25 -15 7.4 +1.2
FPAG FPA Global Equity ETF 2.0 49 -39 6.8 +0.6
FSST Fidelity Sustainability U.S. Equity ETF 2.0 59 -49 6.3 +0.1
RPV Invesco S&P 500 Pure Value ETF 2.0 35 -25 14.1 +7.8
TOK iShares MSCI Kokusai ETF 1.9 25 -15 7.0 +0.7
KOKU Xtrackers MSCI Kokusai Equity ETF 1.9 9 1 7.2 +1.0
RPG Invesco S&P 500 Pure Growth ETF 1.9 35 -25 9.5 +3.3
VDNI V-Shares US Leadership Diversity ETF 1.9 29 -19 6.8 +0.6
MGC Vanguard Mega Cap Index Fund 1.9 7 3 6.5 +0.3
FQAL Fidelity Quality Factor ETF 1.9 29 -19 7.8 +1.6
QUAL iShares MSCI Usa Quality Factor ETF 1.9 15 -5 7.9 +1.7
GVIP Goldman Sachs Hedge Industry VIP ETF 1.9 45 -35 5.6 -0.7
IMCG iShares Morningstar Mid-Cap Growth ETF 1.9 6 4 5.5 -0.7
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 1.9 60 -50 7.0 +0.8
JMOM JPMorgan U.S. Momentum Factor ETF 1.8 12 -2 7.5 +1.2
URTH iShares MSCI World ETF 1.8 24 -14 7.1 +0.9
USMF WisdomTree U.S. Multifactor Fund 1.8 28 -18 9.4 +3.1
LVOL American Century Low Volatility ETF 1.8 29 -19 6.7 +0.5
TMDV ProShares Russell US Dividend Growers ETF 1.7 36 -26 6.6 +0.4
BIBL Inspire ETF 1.7 35 -25 6.3 +0.0
IWL iShares Russell Top 200 ETF 1.7 15 -5 6.5 +0.3
JZRO Janus Henderson Net Zero Transition Resources ETF 1.7 60 -50 7.7 +1.4
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 1.7 29 -19 10.6 +4.3
SNPE Xtrackers S&P 500 ESG ETF 1.7 10 0 6.9 +0.7
BKLC BNY Mellon US Large Cap Core Equity ETF 1.7 0 10 6.6 +0.4
KOCG FIS Knights of Columbus Global Belief ETF 1.7 75 -65 8.0 +1.8
NULC Nuveen ESG Large-Cap ETF 1.7 20 -10 6.4 +0.2
XVV iShares ESG Screened S&P 500 ETF 1.6 8 2 6.7 +0.5
QDF FlexShares Quality Dividend Index Fund 1.6 37 -27 8.7 +2.5
ACWI iShares MSCI ACWI ETF 1.6 32 -22 7.2 +0.9
BLES Inspire Global Hope Large Cap ETF 1.6 49 -39 7.2 +1.0
OEF iShares S&P 100 ETF 1.5 20 -10 6.5 +0.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 1.5 46 -36 10.0 +3.8
SIXA 6 Meridian Mega Cap Equity ETF 1.5 82 -72 8.6 +2.3
GK AdvisorShares Gerber Kawasaki ETF 1.5 81 -71 5.4 -0.9
AUSF Global X Adaptive U.S. Factor ETF 1.5 27 -17 8.0 +1.8
AHOY Newday Ocean Health ETF 1.5 75 -65 6.7 +0.5
VT Vanguard Total World Stock ETF 1.5 7 3 7.3 +1.0
SFYX Sofi Next 500 ETF 1.4 0 10 7.3 +1.1
FSMO Fidelity Small-Mid Cap Opportunities ETF 1.4 64 -54 8.2 +2.0
QQQN VictoryShares Nasdaq Next 50 ETF 1.4 18 -8 6.8 +0.6
CLNR IQ Cleaner Transport ETF 1.4 45 -35 7.2 +0.9
HLGE Hartford Longevity Economy ETF 1.4 44 -34 8.6 +2.3
WTV WisdomTree US Value Fund 1.4 12 -2 9.9 +3.7
FNK First Trust Mid Cap Value AlphaDEX Fund 1.4 70 -60 13.7 +7.5
IQSU IQ Candriam ESG US Equity ETF 1.4 9 1 6.3 +0.1
DFAC Dimensional U.S. Core Equity 2 ETF 1.4 19 -9 7.5 +1.3
IVLC Invesco US Large Cap Core ESG ETF 1.4 48 -38 6.6 +0.4
IUS Invesco Strategic US ETF 1.3 19 -9 8.1 +1.9
WLDR Affinity World Leaders Equity ETF 1.3 67 -57 10.6 +4.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 1.3 9 1 7.0 +0.8
NZUS SPDR MSCI USA Climate Paris Aligned ETF 1.3 10 0 6.3 +0.1
PABU iShares Paris-Aligned Climate MSCI USA ETF 1.3 10 0 6.3 +0.1
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 1.3 60 -50 6.4 +0.1
JQUA JPMorgan U.S. Quality Factor ETF 1.2 12 -2 7.3 +1.1
VBR Vanguard Small Cap Value Index Fund 1.2 7 3 9.6 +3.4
SUSL iShares ESG MSCI USA Leaders ETF 1.2 10 0 6.8 +0.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 1.2 10 0 6.8 +0.6
KOMP SPDR Kensho New Economies Composite ETF 1.2 20 -10 -1.3 -7.5
HKND Humankind US Stock ETF 1.2 11 -1 8.4 +2.2
DVLU First Trust Dorsey Wright Momentum & Value ETF 1.2 60 -50 14.8 +8.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 1.2 29 -19 8.8 +2.6
QQQ Invesco QQQ Trust 1.1 20 -10 5.9 -0.4
QQQM Invesco NASDAQ 100 ETF 1.1 15 -5 6.2 0.0
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 1.1 10 0 7.0 +0.8
AESR Anfield U.S. Equity Sector Rotation ETF 1.1 112 -102 5.8 -0.4
MOAT VanEck Morningstar Wide Moat ETF 1.1 47 -37 6.2 -0.1
DGT SPDR Global Dow ETF 1.1 50 -40 8.4 +2.1
GSPY Gotham Enhanced 500 ETF 1.1 50 -40 7.1 +0.9
LRGE ClearBridge Large Cap Growth ESG ETF 1.1 59 -49 4.2 -2.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 1.0 20 -10 7.5 +1.3
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 1.0 49 -39 6.6 +0.3
SUSA iShares MSCI USA ESG Select ETF 1.0 25 -15 6.5 +0.3
FLRG Fidelity U.S. Multifactor ETF 1.0 29 -19 8.5 +2.3
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 1.0 75 -65 7.7 +1.5
DSI iShares MSCI KLD 400 Social ETF 1.0 25 -15 6.7 +0.5
VMAT V-Shares MSCI World ESG Materiality and Carbon Transition ET 1.0 39 -29 6.8 +0.6
STXG Strive 1000 Growth ETF 1.0 18 -8 5.8 -0.5
BECO BlackRock Future Climate and Sustainable Economy ETF 1.0 70 -60 5.0 -1.2
FLQL Franklin LibertyQ U.S. Equity ETF 1.0 15 -5 8.4 +2.2
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.0 15 -5 4.5 -1.8
CLRG IQ Chaikin U.S. Large Cap ETF 1.0 25 -15 6.9 +0.7
OUSM ALPS O'Shares Russell Small Cap Quality Dividend ETF 1.0 48 -38 8.2 +2.0
ECOZ TrueMark ESG Active Opportunities ETF 0.9 58 -48 5.4 -0.9
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 0.9 25 -15 11.0 +4.8
MOTG VanEck Morningstar Global Wide Moat ETF 0.9 52 -42 7.1 +0.9
OALC OneAscent Large Cap Core ETF 0.9 76 -66 6.6 +0.4
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.9 21 -11 4.7 -1.5
FNX First Trust Mid Cap Core AlphaDEX Fund 0.8 59 -49 9.6 +3.4
TMFC Motley Fool 100 Index ETF 0.8 50 -40 5.4 -0.9
HEET Hartford Schroders ESG US Equity ETF 0.8 39 -29 7.6 +1.4
FTC First Trust Large Cap Growth AlphaDEX Fund 0.8 59 -49 6.7 +0.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.8 12 -2 6.7 +0.5
WBIY WBI Power Factor High Dividend ETF 0.8 70 -60 13.3 +7.1
FCPI Fidelity Stocks for Inflation ETF 0.8 29 -19 10.3 +4.1
LSAF LeaderShares AlphaFactor US Core Equity ETF 0.8 75 -65 11.2 +4.9
SPGP Invesco S&P 500 GARP ETF 0.8 36 -26 10.5 +4.3
VB Vanguard Small-Cap ETF 0.7 5 5 6.4 +0.2
NUMG Nuveen ESG Mid-Cap Growth ETF 0.7 30 -20 5.4 -0.8
RNMC Mid Cap US Equity Select ETF 0.7 60 -50 10.0 +3.7
MOHR Collaborative Investment Series Trust - Mohr Growth ETF 0.7 96 -86 5.5 -0.7
ILCG iShares Morningstar Growth ETF 0.7 4 6 5.5 -0.7
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.7 65 -55 5.9 -0.4
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 0.6 50 -40 3.7 -2.5
MVPS Amplify Thematic All-Stars ETF 0.6 49 -39 2.1 -4.1
SPVU Invesco S&P 500 Enhanced Value ETF 0.6 13 -3 13.2 +7.0
USVT US Value ETF 0.5 49 -39 12.8 +6.6
CGGR Capital Group Growth ETF 0.5 39 -29 5.0 -1.3
SMMD iShares Russell 2500 ETF 0.5 15 -5 6.8 +0.6
IVW iShares S&P 500 Growth ETF 0.5 18 -8 6.9 +0.7
SPYG SPDR Portfolio S&P 500 Growth ETF 0.5 4 6 7.0 +0.8
VOOG Vanguard S&P 500 Growth ETF 0.5 10 0 7.0 +0.8
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 0.5 20 -10 7.2 +1.0
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.5 63 -53 5.3 -0.9
FSMD Fidelity Small-Mid Factor ETF 0.5 29 -19 8.6 +2.4
AFMC First Trust Active Factor Mid Cap ETF 0.5 65 -55 10.3 +4.1
IUSG iShares Core S&P US Growth ETF 0.5 4 6 7.0 +0.8
HLAL Wahed FTSE USA Shariah ETF 0.5 50 -40 6.4 +0.2
VUSE Vident Core US Equity Fund 0.5 50 -40 9.2 +3.0
VEGN US Vegan Climate ETF 0.4 60 -50 6.2 -0.0
ETHO Etho Climate Leadership U.S. ETF 0.4 47 -37 5.3 -0.9
QDYN FlexShares Quality Dividend Dynamic Index Fund 0.4 37 -27 9.4 +3.2
AVLV Avantis U.S. Large Cap Value ETF 0.4 15 -5 9.4 +3.2
GVLU Gotham 1000 Value ETF 0.3 50 -40 12.1 +5.9
ESG FlexShares STOXX US ESG Impact Index Fund 0.3 32 -22 6.6 +0.3
RAFE PIMCO RAFI ESG U.S. ETF 0.3 29 -19 8.9 +2.6
ACWF iShares MSCI Global Multifactor ETF 0.3 35 -25 9.8 +3.6
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.3 28 -18 7.2 +1.0
ESGG FlexShares STOXX Global ESG Impact Index Fund 0.3 42 -32 7.1 +0.9
VSLU Applied Finance Valuation Large Cap ETF 0.3 49 -39 8.0 +1.8
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.3 19 -9 7.9 +1.6
QQMG Invesco ESG NASDAQ 100 ETF 0.3 20 -10 6.3 +0.1
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.3 70 -60 4.0 -2.2
TRFM AAM Transformers ETF 0.3 49 -39 2.0 -4.2
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.3 15 -5 14.3 +8.1
BFOR Barron's 400 ETF 0.3 65 -55 10.7 +4.5
EZM WisdomTree U.S. MidCap Earnings Fund 0.2 38 -28 12.2 +6.0
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.2 30 -20 10.3 +4.1
SCHD Schwab U.S. Dividend Equity ETF 0.2 6 4 9.7 +3.4
PBSM Invesco PureBeta MSCI USA Small Cap ETF 0.2 6 4 5.9 -0.3
PKW Invesco Buyback Achievers ETF 0.2 64 -54 10.3 +4.1
WBAT WisdomTree Battery Value Chain and Innovation Fund 0.2 45 -35 3.2 -3.0
BTHM BlackRock Future U.S. Themes ETF 0.2 60 -50 6.6 +0.3
ISMD Inspire Small/Mid Cap Impact ETF 0.2 48 -38 6.8 +0.6
SPHQ Invesco S&P 500 Quality ETF 0.2 15 -5 7.0 +0.8
USXF iShares ESG Advanced MSCI USA ETF 0.2 10 0 6.4 +0.2
QGRO American Century STOXX U.S. Quality Growth ETF 0.2 29 -19 7.2 +0.9
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 1 6.5 +0.3
DFAT Dimensional U.S. Targeted Value ETF 0.1 29 -19 10.1 +3.9
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 0.1 63 -53 5.1 -1.1
IWP iShares Russell Mid-Cap Growth ETF 0.1 23 -13 5.6 -0.6
SQEW LeaderShares Equity Skew ETF 0.1 75 -65 6.5 +0.3
DFUV Dimensional US Marketwide Value ETF 0.0 23 -13 9.5 +3.3
IWF iShares Russell 1000 Growth ETF 0.0 18 -8 6.1 -0.1
VONG Vanguard Russell 1000 Growth Index Fund 0.0 8 2 6.3 +0.0
DUHP Dimensional US High Profitability ETF 0.0 22 -12 9.0 +2.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.0 31 -21 8.9 +2.7

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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:		 Utilities Select Sector SPDR Fund
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.6 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 10 bp
Equals: ALTAR Score 6.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.56 CATEGORY
AVERAGE		 1.52
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.