Invesco S&P SmallCap Low Volatility ETF
ALTAR
Score™		 6.8% info Recommen-
dation		 NEUTRAL
2023E    2024E
P/E
ratio		 15.9x P/Sales
ratio		 1.4x
P/BV
ratio		 1.7x Div.
yield		 3.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Invesco S&P SmallCap Low Volatility Portfolio is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the performance of the S&P SmallCap 400 Low Volatility Index.

FUND BASICS
Category US Equities
Fund Sponsor Invesco PowerShares
Website www.powershares.com
Inception date Feb 12, 2013
Assets (mns) $383
Currency USD
Expense ratio 25 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Volatility
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 120
Wgt avg mkt cap (mns) $1,988
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 39.5%
Small cap (<$2bn) 60.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
FOUR CORNERS PROPERTY TRUST, INC. 1.2 %
UNIVERSAL CORP/VA 1.1 %
GETTY REALTY CORP 1.1 %
TOOTSIE ROLL INDS 1.0 %
CARETRUST REIT INC 1.0 %
ENSIGN GROUP INC/THE 1.0 %
LTC PROPERTIES INC 1.0 %
NORTHWEST NATURAL GAS CO 1.0 %
ESSENTIAL PROPERTIES REALTY TRUST, 1.0 %
AMERICAN STATES WATER CO 1.0 %
Total 10.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.5 %
PUERTO RICO 1.6 %
BERMUDA 0.9 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-6.9% -11.8% -0.6% 5.2% 6.9%

Market Correlations
versus... Beta R-squared
S&P500 0.80 60%
MSCI EAFE 0.78 53%
MSCI Emg. Mkts. 0.49 22%

Technical Indicators
Recent close $40.65
30d moving avg. $39.05
Annualized volatility 18.3%
Short interest (ETF) 0.0%
Short interest (Underlying) 4.2%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 31
Turnover 0.3%
Bid/Ask (% of price) 0.23%
ADV underlying (mns) $727

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 449 potential alternatives to the Invesco S&P SmallCap Low Volatility ETF ETF based on the alternatives' overlap in portfolio holdings with XSLV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: XSLV Expense: 25 bp ALTAR Score™: 6.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH XSLV
Ticker Fund
Name		 Overlap1
vs XSLV
(%)		 Expense
ratio
(bp)		 Savings
vs XSLV
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs XSLV
(%)
SIXS 6 Meridian Small Cap Equity ETF 29.5 89 -64 8.7 +1.9
IJT iShares S&P Small-Cap 600 Growth ETF 26.3 25 0 7.0 +0.2
SLYG SPDR S&P 600 Small Cap Growth ETF 26.3 15 10 7.1 +0.3
VIOG Vanguard S&P Small-Cap 600 Growth ETF 26.2 15 10 7.0 +0.1
PSCF Invesco S&P SmallCap Financials ETF 25.8 29 -4 10.5 +3.7
SMDV ProShares Russell 2000 Dividend Growers ETF 24.8 40 -15 7.9 +1.1
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 24.7 15 10 8.5 +1.7
XJR iShares ESG Screened S&P Small-Cap ETF 24.5 12 13 7.8 +1.0
ESIX SPDR S&P SmallCap 600 ESG ETF 24.3 12 13 7.8 +1.0
SMLE Xtrackers S&P SmallCap 600 ESG ETF 24.1 15 10 7.8 +1.0
VIOO Vanguard S&P Small-Cap 600 ETF 23.3 10 15 8.1 +1.3
IJR iShares Core S&P Small Cap ETF 23.2 6 19 8.4 +1.6
SPSM SPDR Portfolio S&P 600 Small Cap ETF 23.1 3 22 8.4 +1.6
SSLY Syntax Stratified SmallCap ETF 20.3 40 -15 8.1 +1.3
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 19.9 12 13 8.2 +1.3
VIOV Vanguard S&P Small-Cap 600 Value ETF 19.4 15 10 9.3 +2.5
IJS iShares S&P Small-cap 600 Value ETF 19.2 18 7 9.5 +2.7
SLYV SPDR S&P 600 Small Cap Value ETF 19.2 15 10 9.6 +2.8
SIXL 6 Meridian Low Beta Equity Strategy ETF 19.2 80 -55 5.6 -1.2
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 18.7 29 -4 8.6 +1.8
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 17.7 35 -10 8.1 +1.3
TPSC Timothy Plan US Small Cap Core ETF 17.1 52 -27 8.4 +1.5
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 17.1 35 -10 8.6 +1.8
RNSC Small Cap US Equity Select ETF 17.0 60 -35 8.8 +1.9
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 16.8 20 5 5.5 -1.3
PSCI Invesco S&P SmallCap Industrials ETF 16.2 29 -4 7.0 +0.2
DES WisdomTree U.S. SmallCap Dividend Fund 16.2 38 -13 10.0 +3.2
XSHQ Invesco S&P SmallCap Quality ETF 15.5 30 -5 10.2 +3.4
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 14.5 38 -13 10.7 +3.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 14.2 39 -14 10.9 +4.1
ROSC Hartford Multifactor Small Cap ETF 14.0 34 -9 10.7 +3.8
XSMO Invesco S&P SmallCap Momentum ETF 13.8 39 -14 6.9 +0.0
BLDG Cambria Global Real Estate ETF 13.3 60 -35 9.3 +2.5
RZG Invesco S&P Smallcap 600 Pure Growth ETF 13.0 35 -10 8.3 +1.5
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 13.0 30 -5 11.4 +4.6
XSVM Invesco S&P SmallCap Value with Momentum ETF 13.0 39 -14 11.5 +4.7
CSML IQ Chaikin U.S. Small Cap ETF 12.9 35 -10 5.8 -1.0
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 12.1 80 -55 7.0 +0.1
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 11.2 59 -34 9.0 +2.2
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 11.1 35 -10 10.0 +3.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 11.1 20 5 7.3 +0.4
ISMD Inspire Small/Mid Cap Impact ETF 11.0 54 -29 6.3 -0.5
FYT First Trust Small Cap Value AlphaDEX Fund 11.0 73 -48 15.1 +8.3
FYX First Trust Small Cap Core AlphaDEX Fund 10.8 61 -36 8.8 +2.0
PSCC Invesco S&P SmallCap Consumer Staples ETF 10.7 29 -4 6.1 -0.8
PPTY PPTY-U.S. Diversified Real Estate ETF 10.5 53 -28 7.2 +0.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 10.4 9 16 4.1 -2.7
AFSM First Trust Active Factor Small Cap ETF 10.3 77 -52 9.4 +2.6
IWN iShares Russell 2000 Value ETF 10.0 24 1 6.2 -0.6
VTWV Vanguard Russell 2000 Value Index Fund 10.0 15 10 6.4 -0.4
PSC Principal U.S. Small Cap Index ETF 10.0 38 -13 8.6 +1.8
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 9.9 25 0 9.3 +2.5
IWM iShares Russell 2000 ETF 9.8 19 6 3.9 -2.9
PSCU Invesco S&P SmallCap Utilities ETF 9.7 29 -4 8.4 +1.6
VTWO Vanguard Russell 2000 Index Fund 9.7 10 15 4.0 -2.8
IWO iShares Russell 2000 Growth ETF 9.5 24 1 1.2 -5.6
VTWG Vanguard Russell 2000 Growth Index Fund 9.5 15 10 1.3 -5.5
STXK Strive Small-Cap ETF 9.4 18 7 5.7 -1.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 9.3 39 -14 4.3 -2.5
FYC First Trust Small Cap Growth AlphaDEX Fund 9.2 71 -46 1.1 -5.8
TMDV ProShares Russell US Dividend Growers ETF 9.2 35 -10 6.7 -0.1
AVSC Avantis U.S Small Cap Equity ETF 9.1 25 0 5.6 -1.2
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 8.9 39 -14 6.3 -0.5
FNDA Schwab Fundamental U.S. Small Co. Index ETF 8.8 25 0 7.0 +0.2
PSR Invesco Active U.S. Real Estate Fund 8.7 35 -10 6.9 +0.1
EES WisdomTree SmallCap Earnings Fund 8.6 38 -13 11.4 +4.6
SVAL iShares US Small Cap Value Factor ETF 8.4 20 5 12.0 +5.1
VFMV Vanguard U.S. Minimum Volatility ETF 8.4 13 12 5.9 -0.9
DFAS Dimensional U.S. Small Cap ETF 8.3 26 -1 6.4 -0.4
SCHA Schwab U.S. Small-Cap ETF 7.4 4 21 5.2 -1.6
RZV Invesco S&P Smallcap 600 Pure Value ETF 7.4 35 -10 11.5 +4.7
SMCP AlphaMark Actively Managed Small Cap ETF 7.3 90 -65 0.0 -6.8
JMEE JPMorgan Market Expansion Enhanced Equity ETF 7.2 24 1 8.5 +1.7
FSMD Fidelity Small-Mid Factor ETF 7.2 29 -4 7.9 +1.0
DFAT Dimensional U.S. Targeted Value ETF 7.1 28 -3 8.8 +2.0
SQLV Legg Mason Small-Cap Quality Value 6.9 60 -35 9.9 +3.1
ISCG iShares Morningstar Small-Cap Growth ETF 6.6 6 19 2.0 -4.8
VRAI Virtus Real Asset Income ETF 6.5 55 -30 9.2 +2.4
ISCB iShares Morningstar Small-Cap ETF 6.5 4 21 5.3 -1.5
OUSM ALPS O'Shares Russell Small Cap Quality Dividend ETF 6.5 48 -23 8.3 +1.5
ISCV iShares Morningstar Small Cap Value ETF 6.4 6 19 8.5 +1.7
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 6.4 17 8 5.8 -1.0
OSCV Opus Small Cap Value Plus ETF 6.4 79 -54 6.5 -0.3
IFRA iShares U.S. Infrastructure ETF 6.3 30 -5 6.5 -0.3
NUSC Nuveen ESG Small-Cap ETF 6.3 31 -6 5.7 -1.1
PSCT Invesco S&P SmallCap Information Technology ETF 6.3 29 -4 6.7 -0.1
DFSV Dimensional US Small Cap Value ETF 6.1 31 -6 9.3 +2.4
VBR Vanguard Small Cap Value Index Fund 5.8 7 18 9.1 +2.2
DWAS Invesco DWA SmallCap Momentum ETF 5.8 60 -35 1.1 -5.7
CALF Pacer US Small Cap Cash Cows 100 ETF 5.8 59 -34 12.3 +5.4
BKSE BNY Mellon US Small Cap Core Equity ETF 5.7 4 21 6.2 -0.6
PFI Invesco DWA Financial Momentum ETF 5.7 60 -35 8.6 +1.8
PSCH Invesco S&P SmallCap Health Care ETF 5.7 29 -4 5.1 -1.7
WCEO Hypatia Women CEO ETF 5.7 85 -60 6.3 -0.5
FVD First Trust Value Line Dividend Index Fund 5.6 65 -40 6.2 -0.6
CGW Invesco S&P Global Water Index ETF 5.3 57 -32 4.6 -2.3
FIW First Trust Water ETF 5.3 53 -28 4.8 -2.0
BSVO EA Bridgeway Omni Small-Cap Value ETF 5.3 47 -22 9.7 +2.9
AQWA Global X Clean Water ETF 5.2 50 -25 4.8 -2.1
AVUV Avantis U.S. Small Cap Value ETF 5.1 25 0 10.4 +3.5
RIET Hoya Capital High Dividend Yield ETF 5.1 50 -25 14.1 +7.3
DEEP Roundhill Acquirers Deep Value ETF 4.9 80 -55 17.9 +11.1
PHO Invesco Water Resources ETF 4.9 60 -35 4.8 -2.0
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 4.8 60 -35 11.0 +4.2
KBWY Invesco KBW Premium Yield Equity REIT ETF 4.7 35 -10 18.8 +11.9
FNY First Trust Mid Cap Growth AlphaDEX Fund 4.6 70 -45 2.4 -4.4
PEY Invesco High Yield Equity Dividend Achievers ETF 4.5 53 -28 8.9 +2.1
VB Vanguard Small-Cap ETF 4.5 5 20 5.8 -1.0
EFRA iShares Environmental Infrastructure and Industrials ETF 4.5 47 -22 5.9 -1.0
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 4.4 11 14 7.8 +1.0
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 4.4 42 -17 8.5 +1.7
JHSC John Hancock Multifactor Small Cap ETF 4.4 42 -17 6.4 -0.4
DIV Global X SuperDividend US ETF 4.4 45 -20 8.9 +2.1
EBLU Ecofin Global Water ESG Fund 4.4 40 -15 4.2 -2.6
FRI First Trust S&P REIT Index Fund 4.4 50 -25 7.4 +0.6
RDOG ALPS REIT Dividend Dogs ETF 4.4 35 -10 14.0 +7.1
USRT iShares Core U.S. REIT ETF 4.3 8 17 7.8 +1.0
PSCM Invesco S&P SmallCap Materials ETF 4.2 29 -4 8.0 +1.2
NURE Nuveen Short-Term REIT ETF 4.2 35 -10 6.2 -0.6
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 4.1 15 10 7.1 +0.3
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 4.0 15 10 6.0 -0.8
NETL NETLease Corporate Real Estate ETF 4.0 60 -35 10.1 +3.3
QABA First Trust NASDAQ ABA Community Bank Index Fund 4.0 60 -35 10.1 +3.2
DSMC Distillate Small/Mid Cash Flow ETF 3.9 55 -30 12.5 +5.7
VXF Vanguard Extended Market Index Fund 3.8 6 19 4.0 -2.8
WDIV SPDR Global Dividend ETF 3.8 40 -15 9.7 +2.9
VFMF Vanguard U.S. Multifactor ETF 3.8 18 7 9.1 +2.3
GQRE FlexShares Global Quality Real Estate Index Fund 3.8 45 -20 7.3 +0.5
RWR SPDR Dow Jones REIT ETF 3.8 25 0 7.4 +0.6
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 3.7 95 -70 1.8 -5.0
FPRO Fidelity Real Estate Investment ETF 3.7 59 -34 5.8 -1.0
DFAR Dimensional US Real Estate ETF 3.6 19 6 7.4 +0.6
RNMC Mid Cap US Equity Select ETF 3.5 60 -35 8.9 +2.1
FREL Fidelity MSCI Real Estate Index ETF 3.4 8 17 7.5 +0.7
CRED Columbia Research Enhanced Real Estate ETF 3.4 33 -8 7.6 +0.8
GVLU Gotham 1000 Value ETF 3.4 50 -25 9.1 +2.3
BFOR Barron's 400 ETF 3.4 65 -40 8.0 +1.1
HAUS Residential REIT Income ETF 3.3 60 -35 6.6 -0.2
KCAL Subversive Food Security ETF 3.3 75 -50 9.0 +2.2
IPDP Dividend Performers ETF 3.3 106 -81 5.1 -1.7
SCHH Schwab U.S. REIT ETF 3.3 7 18 7.7 +0.9
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 3.3 7 18 6.1 -0.7
AFMC First Trust Active Factor Mid Cap ETF 3.2 65 -40 9.1 +2.3
VFQY Vanguard U.S. Quality Factor ETF 3.2 13 12 7.4 +0.6
EZM WisdomTree U.S. MidCap Earnings Fund 3.2 38 -13 10.5 +3.7
FAD First Trust Multi Cap Growth AlphaDEX Fund 3.2 63 -38 2.7 -4.2
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 3.1 30 -5 12.2 +5.4
JSML Janus Henderson Small Cap Growth Alpha ETF 3.1 30 -5 10.4 +3.5
FDM First Trust Dow Jones Select Microcap Index Fund 3.1 60 -35 7.8 +1.0
ETHO Etho Climate Leadership U.S. ETF 3.1 47 -22 5.0 -1.8
REET iShares Global REIT ETF 3.1 14 11 7.3 +0.5
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 3.0 30 -5 9.5 +2.7
PRVT Private Real Estate Strategy via Liquid REITs ETF 3.0 59 -34 7.5 +0.7
VNQ Vanguard REIT Index Fund 3.0 12 13 7.4 +0.6
FNX First Trust Mid Cap Core AlphaDEX Fund 3.0 59 -34 8.0 +1.2
FAB First Trust Multi Cap Value AlphaDEX Fund 2.9 67 -42 11.2 +4.3
SRET Global X SuperDividend REIT ETF 2.8 59 -34 10.1 +3.3
VBK Vanguard Small-Cap Growth Index Fund 2.8 7 18 1.3 -5.5
RWO SPDR Dow Jones Global Real Estate ETF 2.6 50 -25 6.8 -0.0
RITA ETFB Green SRI REITs ETF 2.6 50 -25 5.7 -1.1
FSMO Fidelity Small-Mid Cap Opportunities ETF 2.6 60 -35 7.4 +0.6
XHS SPDR S&P Health Care Services ETF 2.6 35 -10 6.8 -0.0
IWTR iShares MSCI Water Management Multisector ETF 2.6 47 -22 5.6 -1.2
REZ iShares Residential Real Estate Capped ETF 2.6 48 -23 6.7 -0.1
DFGR Dimensional Global Real Estate ETF 2.6 22 3 7.1 +0.3
ACTV LeaderShares Activist Leaders ETF 2.6 75 -50 9.2 +2.4
IWC iShares Micro-Cap ETF 2.5 60 -35 -5.4 -12.2
RFDA RiverFront Dynamic US Dividend Advantage ETF 2.5 52 -27 8.3 +1.4
QQQS Invesco NASDAQ Future Gen 200 ETF 2.4 20 5 -12.8 -19.6
KBWD Invesco KBW High Dividend Yield Financial ETF 2.4 384 -359 8.0 +1.2
ROKT SPDR S&P Kensho Final Frontiers ETF 2.4 45 -20 1.4 -5.5
AVRE Avantis Real Estate ETF 2.4 17 8 6.6 -0.3
RESI Kelly Residential & Apartment Real Estate ETF 2.3 68 -43 6.9 +0.0
HLGE Hartford Longevity Economy ETF 2.3 44 -19 7.0 +0.1
FNK First Trust Mid Cap Value AlphaDEX Fund 2.3 70 -45 12.0 +5.1
SDY SPDR S&P Dividend ETF 2.2 35 -10 6.9 +0.1
VAMO Cambria Value & Momentum ETF 2.2 61 -36 11.5 +4.7
XTN SPDR S&P Transportation ETF 2.1 35 -10 0.7 -6.2
KBE SPDR S&P Bank ETF 2.1 35 -10 12.3 +5.5
DHS WisdomTree U.S. High Dividend Fund 2.0 38 -13 9.8 +3.0
HOTL Kelly Hotel & Lodging Sector ETF 1.9 78 -53 3.4 -3.4
ERET iShares Environmentally Aware Real Estate ETF 1.9 30 -5 7.2 +0.4
PUI Invesco DWA Utilities Momentum ETF 1.9 60 -35 6.1 -0.7
IHF iShares U.S. Healthcare Providers ETF 1.9 39 -14 6.3 -0.6
ITA iShares U.S. Aerospace & Defense ETF 1.9 40 -15 3.0 -3.8
XAR SPDR S&P Aerospace & Defense ETF 1.9 35 -10 -0.2 -7.0
KOMP SPDR Kensho New Economies Composite ETF 1.8 20 5 -0.5 -7.3
FSTA Fidelity MSCI Consumer Staples Index ETF 1.8 8 17 6.3 -0.5
VDC Vanguard Consumer Staples Index Fund 1.8 10 15 6.3 -0.5
SHLD Global X Defense Tech ETF 1.8 50 -25 6.6 -0.2
BEDZ AdvisorShares Hotel ETF 1.8 100 -75 2.3 -4.5
SRHQ SRH U.S. Quality ETF 1.8 35 -10 8.4 +1.5
XPH SPDR S&P Pharmaceuticals ETF 1.8 35 -10 5.7 -1.1
PYZ Invesco DWA Basic Materials Momentum ETF 1.8 60 -35 8.0 +1.2
FTXG First Trust Nasdaq Food & Beverage ETF 1.7 60 -35 5.9 -0.9
CVY Invesco Zacks Multi-Asset Income ETF 1.7 100 -75 11.8 +4.9
VFMO Vanguard U.S. Momentum Factor ETF 1.7 13 12 2.7 -4.1
EATV VegTech Plant-based Innovation & Climate ETF 1.7 75 -50 1.9 -5.0
BFIT Global X Health & Wellness ETF 1.7 50 -25 5.6 -1.2
CSMD Congress SMid Growth ETF 1.7 69 -44 4.5 -2.3
KVLE KFA Value Liner Dynamic Core Equity Index ETF 1.7 56 -31 5.7 -1.1
PBJ Invesco Dynamic Food & Beverage ETF 1.7 63 -38 6.0 -0.8
JSTC Adasina Social Justice All Cap Global ETF 1.6 89 -64 4.6 -2.2
NVIR Horizon Kinetics Energy and Remediation ETF 1.6 85 -60 0.4 -6.5
ECML Euclidean Fundamental Value ETF 1.6 95 -70 15.0 +8.2
DBLV AdvisorShares DoubleLine Value Equity ETF 1.6 90 -65 8.6 +1.8
SYLD Cambria Shareholder Yield ETF 1.6 59 -34 11.8 +5.0
RSHO Tema American Reshoring ETF 1.6 75 -50 3.1 -3.7
MISL First Trust Indxx Aerospace & Defense ETF 1.6 60 -35 3.9 -2.9
FDHT Fidelity Digital Health ETF 1.6 39 -14 -3.5 -10.3
MORT VanEck Mortgage REIT Income ETF 1.6 43 -18 11.9 +5.1
SDIV Global X SuperDividend ETF 1.6 58 -33 16.3 +9.5
REM iShares Mortgage Real Estate ETF 1.6 48 -23 13.7 +6.8
KRE SPDR S&P Regional Banking ETF 1.6 35 -10 11.1 +4.3
EVX VanEck Environmental Services ETF 1.6 55 -30 3.5 -3.3
KCE SPDR S&P Capital Markets ETF 1.6 35 -10 7.9 +1.1
FITE SPDR Kensho Future Security ETF 1.6 45 -20 3.3 -3.5
TDV ProShares S&P Technology Dividend Aristocrats ETF 1.5 45 -20 6.4 -0.4
VPU Vanguard Utilities Index Fund 1.5 10 15 6.8 -0.1
FUTY Fidelity MSCI Utilities Index ETF 1.5 8 17 6.8 +0.0
NVQ QRAFT AI-Enhanced US Next Value ETF 1.5 81 -56 9.9 +3.1
FDWM Fidelity Women's Leadership ETF 1.5 59 -34 5.7 -1.1
FIVG Defiance Next Gen Connectivity ETF 1.5 30 -5 6.8 -0.0
XRT SPDR S&P Retail ETF 1.5 35 -10 10.0 +3.1
PPA Invesco Aerospace & Defense ETF 1.5 61 -36 4.2 -2.6
CVAR Cultivar ETF 1.5 87 -62 7.7 +0.9
VFVA Vanguard U.S. Value Factor ETF 1.5 13 12 11.1 +4.3
CRUZ Defiance Hotel Airline and Cruise ETF 1.4 45 -20 -4.2 -11.0
LVHD Legg Mason Low Volatility High Dividend ETF 1.4 27 -2 9.4 +2.6
ROOF IQ US Real Estate Small Cap ETF 1.4 60 -35 8.4 +1.6
PRAY FIS Biblically Responsible Risk Managed ETF 1.4 69 -44 6.1 -0.8
DFAC Dimensional U.S. Core Equity 2 ETF 1.4 17 8 6.0 -0.8
DFUV Dimensional US Marketwide Value ETF 1.4 22 3 8.2 +1.4
IQRA IQ CBRE Real Assets ETF 1.3 65 -40 5.8 -1.0
IAK iShares U.S. Insurance ETF 1.3 39 -14 5.3 -1.5
VAW Vanguard Materials Index Fund 1.3 10 15 6.6 -0.2
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 1.3 25 0 6.2 -0.6
FMAT Fidelity MSCI Materials Index ETF 1.3 8 17 6.8 -0.0
IHE iShares U.S. Pharmaceuticals ETF 1.3 40 -15 8.9 +2.1
TPYP Tortoise North American Pipeline Fund 1.3 40 -15 5.2 -1.7
HKND Humankind US Stock ETF 1.3 11 14 6.8 -0.1
FIDU Fidelity MSCI Industrials Index ETF 1.2 8 17 5.2 -1.7
USMF WisdomTree U.S. Multifactor Fund 1.2 28 -3 7.4 +0.6
VIS Vanguard Industrials Index Fund 1.2 10 15 4.9 -1.9
FTRI First Trust Indxx Global Natural Resources Income ETF 1.2 70 -45 9.1 +2.3
FLRG Fidelity U.S. Multifactor ETF 1.2 29 -4 7.9 +1.1
GRNR Global X Green Building ETF 1.1 45 -20 7.2 +0.4
TOKE Cambria Cannabis ETF 1.1 42 -17 -30.0 -36.8
FTXR First Trust Nasdaq Transportation ETF 1.1 60 -35 6.8 -0.1
DFSU Dimensional US Sustainability Core 1 ETF 1.1 18 7 6.0 -0.8
ROUS Hartford Multifactor US Equity ETF 1.1 19 6 6.6 -0.2
DON WisdomTree U.S. MidCap Dividend Fund 1.1 38 -13 9.1 +2.3
ANEW ProShares MSCI Transformational Changes ETF 1.1 45 -20 4.8 -2.1
AGNG Global X Aging Population ETF 1.1 50 -25 4.0 -2.9
JPRE JPMorgan Realty Income ETF 1.0 50 -25 6.5 -0.3
QDF FlexShares Quality Dividend Index Fund 1.0 37 -12 6.2 -0.6
KRUZ Unusual Whales Subversive Republican Trading ETF 0.9 75 -50 4.1 -2.7
VALQ American Century STOXX U.S. Quality Value ETF 0.9 29 -4 8.1 +1.2
PJP Invesco Dynamic Pharmaceuticals ETF 0.9 58 -33 6.7 -0.1
CBSE Changebridge Capital Sustainable Equity ETF 0.9 85 -60 0.6 -6.2
AVUS Avantis U.S. Equity ETF 0.9 15 10 6.4 -0.4
BAD B.A.D. ETF 0.9 75 -50 -4.3 -11.1
BRNY Burney U.S. Factor Rotation ETF 0.9 79 -54 6.3 -0.5
RUNN Running Oak Efficient Growth ETF 0.9 58 -33 5.5 -1.3
KBWP Invesco KBW Property & Casualty Insurance ETF 0.9 35 -10 5.2 -1.6
FTXH First Trust Nasdaq Pharmaceuticals ETF 0.9 60 -35 9.9 +3.1
VLU SPDR S&P 1500 Value Tilt ETF 0.9 12 13 7.7 +0.9
PTH Invesco DWA Healthcare Momentum ETF 0.9 60 -35 -3.0 -9.8
FXO First Trust Financials AlphaDEX Fund 0.9 62 -37 10.0 +3.2
KIE SPDR S&P Insurance ETF 0.9 35 -10 5.2 -1.6
AIRR First Trust RBA American Industrial Renaissance ETF 0.8 70 -45 5.9 -0.9
EMFQ Amplify Emerging Markets FinTech ETF 0.8 69 -44 5.4 -1.5
IPAY ETFMG Prime Mobile Payments ETF 0.8 75 -50 7.6 +0.8
FPX First Trust US IPO Index Fund 0.8 61 -36 -0.6 -7.4
PBW Invesco WilderHill Clean Energy ETF 0.8 61 -36 -13.0 -19.9
YUMY VanEck Future of Food ETF 0.8 69 -44 5.5 -1.3
ICAP InfraCap Equity Income Fund ETF 0.8 171 -146 7.0 +0.2
CGV Conductor Global Equity Value ETF 0.8 130 -105 9.8 +3.0
MEDI Harbor Health Care ETF 0.8 80 -55 -0.8 -7.6
RAYD Rayliant Quantitative Developed Market Equity ETF 0.8 80 -55 5.5 -1.4
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.8 50 -25 6.3 -0.6
STCE Schwab Crypto Thematic ETF 0.8 30 -5 -2.5 -9.4
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.8 68 -43 3.0 -3.8
BLOK Amplify Transformational Data Sharing ETF 0.8 75 -50 -0.8 -7.6
BCDF Horizon Kinetics Blockchain Development ETF 0.8 85 -60 0.1 -6.7
CWS AdvisorShares Focused Equity ETF 0.8 84 -59 5.0 -1.8
DTRE Alerian Disruptive Technology Real Estate ETF 0.8 60 -35 3.7 -3.1
INDS Pacer Benchmark Industrial Real Estate SCTR ETF 0.8 55 -30 6.0 -0.8
CCSO Carbon Collective Climate Solutions U.S. Equity ETF 0.8 35 -10 2.4 -4.4
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.8 56 -31 13.9 +7.1
MOO VanEck Agribusiness ETF 0.8 53 -28 8.6 +1.8
CLOU Global X Cloud Computing ETF 0.8 68 -43 1.7 -5.1
JRE Janus Henderson U.S. Real Estate ETF 0.8 65 -40 7.0 +0.2
PRNT The 3D Printing ETF 0.8 66 -41 -3.2 -10.0
XHE SPDR S&P Health Care Equipment ETF 0.8 35 -10 0.9 -6.0
ONLN ProShares Online Retail ETF 0.8 58 -33 -2.2 -9.0
MGMT Ballast Small/Mid Cap ETF 0.8 110 -85 7.6 +0.8
DTD WisdomTree U.S.Total Dividend Fund 0.8 28 -3 7.2 +0.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.8 29 -4 7.1 +0.3
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 0.8 60 -35 7.4 +0.6
QVAL Alpha Architect U.S. Quantitative Value ETF 0.8 39 -14 11.6 +4.8
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.8 25 0 7.2 +0.4
BOUT Innovator IBD Breakout Opportunities ETF 0.8 81 -56 5.3 -1.6
MAKX ProShares S&P Kensho Smart Factories ETF 0.8 58 -33 3.1 -3.7
SNSR Global X Internet of Things Thematic ETF 0.8 68 -43 4.2 -2.7
SIMS SPDR S&P Kensho Intelligent Structures ETF 0.8 45 -20 2.0 -4.9
FXH First Trust Health Care AlphaDEX Fund 0.7 61 -36 8.6 +1.8
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.7 47 -22 5.6 -1.3
PSL Invesco DWA Consumer Staples Momentum ETF 0.7 60 -35 5.4 -1.4
IYT iShares Transportation Average ETF 0.7 40 -15 2.4 -4.5
XTL SPDR S&P Telecom ETF 0.7 35 -10 9.7 +2.9
BYTE Roundhill IO Digital Infrastructure ETF 0.7 46 -21 9.2 +2.3
VNSE Natixis Vaughan Nelson Select ETF 0.7 80 -55 4.2 -2.7
GDIV Harbor Dividend Growth Leaders ETF 0.7 50 -25 6.2 -0.7
WBIY WBI Power Factor High Dividend ETF 0.7 100 -75 12.5 +5.7
VOX Vanguard Telecommunication Services Index Fund 0.7 10 15 6.2 -0.6
PKW Invesco Buyback Achievers ETF 0.7 64 -39 8.0 +1.2
FNCL Fidelity MSCI Financials Index ETF 0.7 8 17 6.9 +0.1
FCOM Fidelity MSCI Telecommunication Services Index ETF 0.7 8 17 6.0 -0.8
XSW SPDR S&P Software & Services ETF 0.6 35 -10 1.9 -4.9
HOMZ Hoya Capital Housing ETF 0.6 30 -5 8.7 +1.9
SMOG VanEck Low Carbon Energy ETF 0.6 61 -36 3.0 -3.8
VFH Vanguard Financials Index Fund 0.6 10 15 6.9 +0.1
SFYX Sofi Next 500 ETF 0.6 0 25 6.1 -0.8
RYJ Invesco Raymond James SB-1 Equity ETF 0.6 81 -56 3.9 -2.9
DFAU Dimensional US Core Equity Market ETF 0.6 12 13 5.7 -1.2
ERTH Invesco MSCI Sustainable Future ETF 0.6 56 -31 3.8 -3.0
PDP Invesco DWA Momentum ETF 0.6 62 -37 3.9 -2.9
AUSF Global X Adaptive U.S. Factor ETF 0.6 27 -2 5.9 -1.0
TMFX Motley Fool Next Index ETF 0.6 50 -25 3.3 -3.5
WTRE WisdomTree New Economy Real Estate Fund 0.6 58 -33 5.2 -1.6
SPTM SPDR Portfolio Total Stock Market ETF 0.6 3 22 5.8 -1.1
MILN Global X Millennial Consumer ETF 0.5 50 -25 2.3 -4.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.5 3 22 5.4 -1.4
VUSE Vident Core US Equity Fund 0.5 50 -25 5.9 -1.0
HART IQ Healthy Hearts ETF 0.5 45 -20 5.7 -1.1
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.5 21 4 4.0 -2.8
IWV iShares Russell 3000 ETF 0.5 20 5 5.3 -1.6
SCHB Schwab U.S. Broad Market ETF 0.5 3 22 5.5 -1.3
VTI Vanguard Total Stock Market Index Fund 0.5 3 22 5.3 -1.5
FCPI Fidelity Stocks for Inflation ETF 0.5 29 -4 9.4 +2.6
VTHR Vanguard Russell 3000 Index Fund 0.5 10 15 5.4 -1.5
DEW WisdomTree Global High Dividend Fund 0.5 58 -33 9.2 +2.4
QLV FlexShares US Quality Low Volatility Index Fund 0.5 22 3 5.2 -1.7
QDEF FlexShares Quality Dividend Defensive Index Fund 0.5 37 -12 6.1 -0.7
ESGV Vanguard ESG U.S. Stock ETF 0.5 9 16 5.3 -1.5
SCHD Schwab U.S. Dividend Equity ETF 0.5 6 19 8.9 +2.1
PFM Invesco Dividend Achievers ETF 0.5 53 -28 5.9 -0.9
CIRC JPMorgan Sustainable Consumption ETF 0.5 49 -24 5.2 -1.6
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.5 46 -21 8.6 +1.8
VIG Vanguard Dividend Appreciation Index Fund 0.5 6 19 5.9 -0.9
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.5 12 13 4.9 -1.9
DFUS Dimensional U.S. Equity ETF 0.4 9 16 5.5 -1.4
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 0.4 50 -25 3.2 -3.6
ECLN First Trust EIP Carbon Impact ETF 0.4 96 -71 5.3 -1.6
RESP WisdomTree US ESG Fund of Benef Interest 0.4 28 -3 6.2 -0.6
FLDZ RiverNorth Volition America Patriot ETF 0.4 75 -50 6.1 -0.8
CZA Invesco Zacks Mid-Cap ETF 0.4 69 -44 6.7 -0.2
PAVE Global X U.S. Infrastructure Development ETF 0.4 47 -22 6.4 -0.4
VGT Vanguard Information Technology Index Fund 0.4 10 15 5.0 -1.9
HDUS Hartford Disciplined US Equity ETF 0.4 19 6 6.5 -0.3
XT iShares Exponential Technologies ETF 0.4 46 -21 3.5 -3.4
TTAC TrimTabs US Free Cash Flow Quality ETF 0.4 59 -34 6.2 -0.6
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 0.4 69 -44 5.6 -1.2
VHT Vanguard Health Care Index Fund 0.3 10 15 6.1 -0.7
FHLC Fidelity MSCI Health Care Index ETF 0.3 8 17 6.2 -0.6
FTEC Fidelity MSCI Information Technology Index ETF 0.3 8 17 5.0 -1.8
SCHM Schwab U.S. Mid-Cap ETF 0.3 4 21 6.8 -0.0
VYM Vanguard High Dividend Yield Index ETF 0.3 6 19 7.8 +0.9
DVY iShares Select Dividend ETF 0.3 38 -13 9.4 +2.5
TXS Texas Capital Texas Equity Index ETF 0.3 49 -24 5.6 -1.2
GLIF AGFiQ Global Infrastructure ETF 0.3 45 -20 5.2 -1.6
JVAL JPMorgan U.S. Value Factor ETF 0.3 12 13 8.9 +2.1
PRF Invesco FTSE RAFI US 1000 ETF 0.3 39 -14 7.1 +0.2
SXQG 6 Meridian Quality Growth ETF 0.3 100 -75 4.7 -2.2
VEGI iShares MSCI Global Agriculture Producers ETF 0.3 39 -14 9.0 +2.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 16 5.7 -1.2
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.3 24 1 8.7 +1.9
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.3 38 -13 7.8 +1.0
SAGP Strategas Global Policy Opportunities ETF 0.3 65 -40 4.6 -2.3
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.3 20 5 8.3 +1.5
IDRV iShares Self-driving EV & Tech ETF 0.2 47 -22 -1.1 -8.0
VT Vanguard Total World Stock ETF 0.2 7 18 5.1 -1.7
QGRO American Century STOXX U.S. Quality Growth ETF 0.2 29 -4 5.9 -1.0
JHMM John Hancock Multifactor Mid Cap ETF 0.2 42 -17 7.2 +0.4
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.2 49 -24 5.2 -1.6
OCEN IQ Clean Oceans ETF 0.2 45 -20 5.6 -1.2
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 13 6.0 -0.9
IYR iShares U.S. Real Estate ETF 0.2 40 -15 7.2 +0.4
SHPP Pacer Industrials and Logistics ETF 0.2 60 -35 9.4 +2.5
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 5 6.9 +0.1
FTAG First Trust Indxx Global Agriculture ETF 0.2 70 -45 9.2 +2.4
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.2 45 -20 5.9 -0.9
DGRO iShares Core Dividend Growth ETF 0.2 8 17 7.0 +0.2
COWZ Pacer US Cash Cows 100 ETF 0.2 49 -24 11.4 +4.6
HDV iShares Core High Dividend ETF 0.2 8 17 8.8 +2.0
IGM iShares Expanded Tech Sector ETF 0.2 41 -16 4.9 -1.9
SMMD iShares Russell 2500 ETF 0.2 15 10 6.4 -0.5
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.2 8 17 4.8 -2.0
VCR Vanguard Consumer Discretionary Index Fund 0.2 10 15 4.7 -2.2
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.2 17 8 7.5 +0.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 -22 5.8 -1.1
FDL First Trust Morningstar Dividend Leaders Index Fund 0.2 45 -20 10.7 +3.8
VIRS Pacer BioThreat Strategy ETF 0.2 70 -45 6.7 -0.1
REVS Columbia Research Enhanced Value ETF 0.2 19 6 8.1 +1.3
VDNI V-Shares US Leadership Diversity ETF 0.1 29 -4 5.7 -1.1
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 0.1 30 -5 8.4 +1.6
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 -4 6.8 0.0
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.1 25 0 7.2 +0.4
IWS iShares Russell Mid-Cap Value ETF 0.1 23 2 7.3 +0.5
FDLO Fidelity Low Volatility Factor ETF 0.1 29 -4 5.4 -1.4
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 5 7.4 +0.6
ONEY SPDR Russell 1000 Yield Focus ETF 0.1 20 5 10.8 +4.0
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 11 5.6 -1.2
HAP VanEck Natural Resources ETF 0.1 50 -25 8.1 +1.3
DIVB iShares Core Dividend 0.1 5 20 8.4 +1.6
IETC iShares Evolved U.S. Technology ETF 0.1 18 7 4.8 -2.0
IGV iShares Expanded Tech-Software ETF 0.1 41 -16 3.4 -3.4
IYG iShares US Financial Services ETF 0.1 40 -15 6.5 -0.3
IBBQ Invesco Nasdaq Biotechnology ETF 0.1 19 6 0.1 -6.7
IWR iShares Russell Midcap ETF 0.1 18 7 6.2 -0.6
LRGF iShares Edge MSCI Multifactor USA ETF 0.1 8 17 6.1 -0.7
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 10 6.7 -0.1
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 10 8.2 +1.4
IYF iShares U.S. Financials ETF 0.1 40 -15 6.7 -0.2
IGPT Invesco AI and Next Gen Software ETF 0.1 56 -31 4.7 -2.1
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -50 4.3 -2.5
DSI iShares MSCI KLD 400 Social ETF 0.1 25 0 5.5 -1.3
SCHK Schwab 1000 Index ETF 0.1 5 20 5.5 -1.3
IEDI iShares Evolved U.S. Discretionary Spending ETF 0.1 18 7 5.2 -1.7
IYC iShares U.S. Consumer Services ETF 0.1 40 -15 4.1 -2.7
STXV Strive 1000 Value ETF 0.1 18 7 8.5 +1.6
JMOM JPMorgan U.S. Momentum Factor ETF 0.1 12 13 5.4 -1.4
TMFE Motley Fool Capital Efficiency 100 Index ETF 0.1 50 -25 5.1 -1.7
IYY iShares Dow Jones U.S. ETF 0.1 20 5 5.3 -1.5
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.1 15 10 5.1 -1.7
IYH iShares U.S. Healthcare ETF 0.1 40 -15 6.7 -0.1
IWD iShares Russell 1000 Value ETF 0.1 19 6 7.1 +0.3
VONV Vanguard Russell 1000 Value Index Fund 0.1 8 17 7.2 +0.4
EMLP First Trust North American Energy Infrastructure Fund 0.0 95 -70 5.6 -1.2
TECB iShares US Tech Breakthrough Multisector ETF 0.0 40 -15 4.5 -2.3
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.0 28 -3 6.1 -0.7
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 0.0 58 -33 4.9 -1.9
VONE Vanguard Russell 1000 ETF 0.0 8 17 5.5 -1.4
IWB iShares Russell 1000 ETF 0.0 15 10 5.4 -1.4
VEGN US Vegan Climate ETF 0.0 60 -35 4.8 -2.0
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 6 6.8 0.0
RECS Columbia Research Enhanced Core ETF 0.0 15 10 6.2 -0.7
STXG Strive 1000 Growth ETF 0.0 18 7 4.4 -2.4

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:		 Invesco S&P SmallCap Low Volatility ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.3 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 6.8 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.60 CATEGORY
AVERAGE		 1.49
 
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.