Invesco S&P SmallCap Value with Momentum ETF
ALTAR
Score™		 12.1% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 9.3x P/Sales
ratio		 0.7x
P/BV
ratio		 1.0x Div.
yield		 3.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Invesco S&P SmallCap Value with Momentum ETF tracks the S&P 600 High Momentum Value Index which holds 120 securities in the S&P SmallCap 600 that have the highest value scores and momentum scores.

FUND BASICS
Category US Equities
Fund Sponsor Invesco
Website www.invesco.com
Inception date Mar 03, 2005
Assets (mns) $1,141
Currency USD
Expense ratio 36 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Multi-Factor
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 232
Wgt avg mkt cap (mns) $2,029
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 44.7%
Small cap (<$2bn) 55.3%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SPARTANNASH CO 2.0 %
MARINEMAX INC 1.9 %
GENWORTH FINANCIAL INC-CL A 1.5 %
WORLD KINECT CORP 1.4 %
LINCOLN NATIONAL CORP 1.4 %
PRA GROUP INC 1.4 %
SONIC AUTOMOTIVE INC-CLASS A 1.3 %
STONEX GROUP INC 1.3 %
SALLY BEAUTY HOLDINGS INC 1.3 %
UNITED NATURAL FOODS INC 1.2 %
Total 14.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.1 %
BERMUDA 1.4 %
BRITAIN 1.2 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-4.6% -0.3% 17.7% 9.1% 8.0%

Market Correlations
versus... Beta R-squared
S&P500 1.19 60%
MSCI EAFE 0.99 44%
MSCI Emg. Mkts. 0.60 17%

Technical Indicators
Recent close $53.56
30d moving avg. $50.82
Annualized volatility 24.8%
Short interest (ETF) 0.0%
Short interest (Underlying) 19.7%
Relative strength (RSI) 61

Liquidity measures
Avg. volume (thou.) 60
Turnover 0.3%
Bid/Ask (% of price) 0.20%
ADV underlying (mns) $1,984

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 446 potential alternatives to the Invesco S&P SmallCap Value with Momentum ETF ETF based on the alternatives' overlap in portfolio holdings with XSVM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: XSVM Expense: 36 bp ALTAR Score™: 12.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH XSVM
Ticker Fund
Name		 Overlap1
vs XSVM
(%)		 Expense
ratio
(bp)		 Savings
vs XSVM
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs XSVM
(%)
RZV Invesco S&P Smallcap 600 Pure Value ETF 34.1 35 1 10.8 -1.3
PSCF Invesco S&P SmallCap Financials ETF 32.8 29 7 9.6 -2.5
IJS iShares S&P Small-Cap 600 Value ETF 30.3 18 18 10.3 -1.8
SVAL iShares US Small Cap Value Factor ETF 29.7 20 16 10.8 -1.2
VIOV Vanguard S&P Small-Cap 600 Value ETF 29.0 10 26 10.4 -1.7
SLYV SPDR S&P 600 Small Cap Value ETF 28.7 15 21 10.3 -1.7
RWJ Invesco S&P SmallCap 600 Revenue ETF 28.7 39 -3 9.7 -2.3
FYT First Trust Small Cap Value AlphaDEX Fund 25.8 73 -37 11.4 -0.7
BSVO EA Bridgeway Omni Small-Cap Value ETF 21.6 47 -11 9.4 -2.7
ESIX SPDR S&P SmallCap 600 ESG ETF 21.5 12 24 8.3 -3.8
XSLV Invesco S&P SmallCap Low Volatility ETF 20.9 25 11 7.5 -4.5
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 20.7 15 21 8.1 -4.0
XJR iShares ESG Screened S&P Small-Cap ETF 19.4 12 24 7.6 -4.5
IJR iShares Core S&P Small Cap ETF 19.2 6 30 8.0 -4.1
VIOO Vanguard S&P Small-Cap 600 ETF 18.5 7 29 7.9 -4.1
SPSM SPDR Portfolio S&P 600 Small Cap ETF 18.3 3 33 8.0 -4.0
AVUV Avantis U.S. Small Cap Value ETF 17.7 25 11 10.3 -1.8
ROSC Hartford Multifactor Small Cap ETF 17.4 34 2 9.9 -2.2
DFSV Dimensional US Small Cap Value ETF 17.2 31 5 10.5 -1.5
IWN iShares Russell 2000 Value ETF 16.9 24 12 7.9 -4.2
VTWV Vanguard Russell 2000 Value ETF 16.9 10 26 8.0 -4.1
KBE SPDR S&P Bank ETF 16.3 35 1 9.5 -2.5
KRE SPDR S&P Regional Banking ETF 15.9 35 1 9.8 -2.2
SIXS ETC 6 Meridian Small Cap Equity ETF 14.8 89 -53 10.2 -1.8
AVSC Avantis U.S Small Cap Equity ETF 14.8 25 11 6.1 -6.0
FYX First Trust Small Cap Core AlphaDEX Fund 14.8 61 -25 6.4 -5.6
GRPZ Invesco S&P SmallCap 600 GARP ETF 14.5 35 1 10.7 -1.4
VAMO Cambria Value & Momentum ETF 13.9 61 -25 6.3 -5.7
USVM VictoryShares US Small Mid Cap Value Momentum ETF 13.7 25 11 8.1 -3.9
DES WisdomTree U.S. SmallCap Dividend Fund 13.5 38 -2 9.5 -2.6
KBWR Invesco KBW Regional Banking ETF 13.4 35 1 9.6 -2.5
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 13.3 30 6 13.2 +1.1
QABA First Trust NASDAQ ABA Community Bank Index Fund 13.0 60 -24 8.9 -3.2
DFAT Dimensional U.S. Targeted Value ETF 12.9 28 8 9.6 -2.4
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 12.9 29 7 8.8 -3.3
EES WisdomTree U.S. SmallCap Fund 12.8 38 -2 9.2 -2.9
XSMO Invesco S&P SmallCap Momentum ETF 12.4 39 -3 5.8 -6.2
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 12.4 29 7 10.7 -1.3
SMDV ProShares Russell 2000 Dividend Growers ETF 12.3 40 -4 7.5 -4.6
TPSC Timothy Plan US Small Cap Core ETF 12.2 52 -16 7.1 -5.0
FESM Fidelity Enhanced Small Cap ETF 11.9 28 8 7.9 -4.2
CSA VictoryShares US Small Cap Volatility Wtd ETF 11.7 35 1 7.8 -4.3
AFSM First Trust Active Factor Small Cap ETF 11.3 75 -39 7.8 -4.3
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 10.9 9 27 4.6 -7.5
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 10.6 35 1 9.5 -2.6
SMCF Themes US Small Cap Cash Flow Champions ETF 10.4 29 7 12.7 +0.7
FLQS Franklin U.S. Small Cap Multifactor Index ETF 9.8 35 1 9.9 -2.2
ECML Euclidean Fundamental Value ETF 9.8 95 -59 12.5 +0.4
WCEO Hypatia Women CEO ETF 9.7 85 -49 4.4 -7.7
PSC Principal U.S. Small-Cap ETF 9.5 38 -2 6.9 -5.2
ISMD Inspire Small/Mid Cap ETF 9.5 54 -18 6.1 -5.9
SQLV Royce Quant Small-Cap Quality Value ETF 9.4 60 -24 9.8 -2.2
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 9.0 80 -44 8.2 -3.8
SYLD Cambria Shareholder Yield ETF 9.0 59 -23 11.9 -0.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 8.9 20 16 6.0 -6.1
XSHQ Invesco S&P SmallCap Quality ETF 8.9 29 7 8.3 -3.7
IJT iShares S&P Small-Cap 600 Growth ETF 8.8 18 18 5.7 -6.4
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 8.8 39 -3 6.1 -5.9
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 8.8 35 1 7.3 -4.8
VIOG Vanguard S&P Small-Cap 600 Growth ETF 8.6 10 26 5.8 -6.3
RSSL Global X Russell 2000 ETF 8.5 8 28 4.6 -7.5
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 8.4 60 -24 8.4 -3.7
SLYG SPDR S&P 600 Small Cap Growth ETF 8.4 15 21 5.7 -6.3
FNK First Trust Mid Cap Value AlphaDEX Fund 8.4 70 -34 11.3 -0.7
VTWO Vanguard Russell 2000 ETF 8.4 7 29 4.7 -7.4
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 8.4 12 24 7.6 -4.5
IWM iShares Russell 2000 ETF 8.3 19 17 4.6 -7.4
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 8.3 38 -2 10.3 -1.8
STXK Strive Small-Cap ETF 8.1 18 18 6.3 -5.8
VFVA Vanguard U.S. Value Factor ETF 7.9 13 23 11.3 -0.7
HAPS Harbor Human Capital Factor US Small Cap ETF 7.8 60 -24 4.3 -7.8
BKSE BNY Mellon US Small Cap Core Equity ETF 7.8 4 32 6.2 -5.8
HOMZ Hoya Capital Housing ETF 7.8 30 6 9.0 -3.1
FAB First Trust Multi Cap Value AlphaDEX Fund 7.7 67 -31 10.2 -1.8
ISCV iShares Morningstar Small Cap Value ETF 7.7 6 30 9.5 -2.6
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 7.5 39 -3 6.7 -5.4
FNDA Schwab Fundamental US Small Co. Index ETF 7.5 25 11 8.1 -4.0
PSCI Invesco S&P SmallCap Industrials ETF 7.1 29 7 5.5 -6.6
DFAS Dimensional U.S. Small Cap ETF 6.8 26 10 6.7 -5.4
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 6.8 55 -19 10.5 -1.6
DSMC Distillate Small/Mid Cash Flow ETF 6.5 55 -19 12.9 +0.9
XRT SPDR S&P Retail ETF 6.5 35 1 8.7 -3.4
SIXL ETC 6 Meridian Low Beta Equity ETF 6.5 80 -44 6.2 -5.9
SCHA Schwab U.S. Small-Cap ETF 6.5 4 32 6.3 -5.8
VFMF Vanguard U.S. Multifactor ETF 6.4 18 18 8.2 -3.8
CALF Pacer US Small Cap Cash Cows 100 ETF 6.3 59 -23 11.2 -0.8
JMEE JPMorgan Market Expansion Enhanced Equity ETF 5.9 24 12 8.0 -4.1
RIET Hoya Capital High Dividend Yield ETF 5.8 50 -14 45.2 +33.1
SFLO VictoryShares Small Cap Free Cash Flow ETF 5.8 49 -13 12.0 -0.1
RZG Invesco S&P Smallcap 600 Pure Growth ETF 5.8 35 1 4.2 -7.8
VBR Vanguard Small Cap Value ETF 5.8 7 29 9.3 -2.8
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 5.6 60 -24 2.1 -10.0
PSCC Invesco S&P SmallCap Consumer Staples ETF 5.4 29 7 7.9 -4.1
MORT VanEck Mortgage REIT Income ETF 5.2 43 -7 52.7 +40.6
REM iShares Mortgage Real Estate ETF 5.2 48 -12 60.1 +48.1
CVY Invesco Zacks Multi-Asset Income ETF 5.2 106 -70 12.1 0.0
EZM WisdomTree U.S. MidCap Fund 5.2 38 -2 9.3 -2.7
KIE SPDR S&P Insurance ETF 5.2 35 1 6.8 -5.3
ETHO Etho Climate Leadership U.S. ETF 5.2 47 -11 5.4 -6.6
FNX First Trust Mid Cap Core AlphaDEX Fund 5.1 60 -24 7.7 -4.3
SDIV Global X Superdividend ETF 5.1 58 -22 40.8 +28.8
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 5.0 55 -19 4.9 -7.2
KBWD Invesco KBW High Dividend Yield Financial ETF 5.0 384 -348 13.4 +1.3
FSMD Fidelity Small-Mid Multifactor ETF 4.9 15 21 7.3 -4.8
AFMC First Trust Active Factor Mid Cap ETF 4.7 65 -29 8.9 -3.1
ISCB iShares Morningstar Small-Cap ETF 4.6 4 32 6.3 -5.8
CGV Conductor Global Equity Value ETF 4.6 130 -94 8.8 -3.3
ESML iShares ESG Aware MSCI USA Small-Cap ETF 4.4 17 19 6.0 -6.1
PEY Invesco High Yield Equity Dividend Achievers ETF 4.3 52 -16 10.1 -2.0
ITB iShares U.S. Home Construction ETF 4.2 40 -4 12.4 +0.3
FDLS Inspire Fidelis Multi Factor ETF 4.1 76 -40 5.3 -6.7
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 4.0 29 7 4.6 -7.5
NUSC Nuveen ESG Small-Cap ETF 4.0 31 5 5.5 -6.6
RFDA RiverFront Dynamic US Dividend Advantage ETF 3.9 52 -16 6.7 -5.4
XHB SPDR S&P Homebuilders ETF 3.8 35 1 11.6 -0.4
JSML Janus Henderson Small Cap Growth Alpha ETF 3.6 30 6 8.2 -3.8
AIRR First Trust RBA American Industrial Renaissance ETF 3.6 70 -34 5.5 -6.6
COPY Tweedy, Browne Insider + Value ETF 3.6 80 -44 11.9 -0.2
SMLF iShares U.S. SmallCap Equity Factor ETF 3.6 15 21 6.3 -5.7
ZIG Acquirers Fund 3.4 84 -48 19.6 +7.6
VXF Vanguard Extended Market ETF 3.4 5 31 4.8 -7.2
VB Vanguard Small-Cap ETF 3.4 5 31 6.3 -5.8
DXUV Dimensional US Vector Equity ETF 3.4 28 8 6.4 -5.7
FTXO First Trust Nasdaq Bank ETF 3.4 60 -24 8.7 -3.3
MVPA Miller Value Partners Appreciation ETF 3.3 60 -24 9.5 -2.6
BFOR ALPS Barron's 400 ETF 3.2 65 -29 6.1 -6.0
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 3.1 20 16 6.0 -6.1
DEEP Roundhill Acquirers Deep Value ETF 3.1 80 -44 17.7 +5.7
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 3.1 48 -12 8.3 -3.8
AUSF Global X Adaptive U.S. Factor ETF 3.1 27 9 8.9 -3.2
PBJ Invesco Food & Beverage ETF 3.0 57 -21 5.0 -7.0
PSL Invesco Dorsey Wright Consumer Staples Momentum ETF 3.0 60 -24 6.8 -5.3
FDM First Trust Dow Jones Select MicroCap Index Fund 3.0 60 -24 7.6 -4.5
IFRA iShares U.S. Infrastructure ETF 3.0 30 6 6.3 -5.8
XTN SPDR S&P Transportation ETF 3.0 35 1 5.3 -6.7
VFMO Vanguard U.S. Momentum Factor ETF 2.9 13 23 3.1 -8.9
OPTZ Optimize Strategy Index ETF 2.8 50 -14 5.0 -7.0
ALIL Argent Focused Small Cap ETF 2.8 74 -38 7.2 -4.9
SURE AdvisorShares Insiders Advantage ETF 2.8 90 -54 10.3 -1.8
JHSC John Hancock Multifactor Small Cap ETF 2.7 42 -6 6.9 -5.2
GVLU Gotham 1000 Value ETF 2.7 50 -14 9.0 -3.0
IWC iShares Micro-Cap ETF 2.6 60 -24 -0.6 -12.7
VFQY Vanguard U.S. Quality Factor ETF 2.6 13 23 6.4 -5.7
TXS Texas Capital Texas Equity Index ETF 2.6 49 -13 5.7 -6.4
DON WisdomTree U.S. MidCap Dividend Fund 2.5 38 -2 8.9 -3.1
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 2.5 25 11 5.8 -6.2
CVAR Cultivar ETF 2.5 87 -51 6.9 -5.2
PSCE Invesco S&P SmallCap Energy ETF 2.4 29 7 12.2 +0.1
FXO First Trust Financials AlphaDEX Fund 2.4 62 -26 8.4 -3.7
PSCM Invesco S&P SmallCap Materials ETF 2.4 29 7 13.4 +1.3
IAK iShares U.S. Insurance ETF 2.4 40 -4 6.9 -5.1
PSCT Invesco S&P SmallCap Information Technology ETF 2.3 29 7 5.5 -6.5
DHS WisdomTree U.S. High Dividend Fund 2.3 38 -2 8.2 -3.9
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 2.2 60 -24 6.6 -5.4
XHS SPDR S&P Health Care Services ETF 2.2 35 1 3.8 -8.3
WBIY WBI Power Factor High Dividend ETF 2.2 100 -64 15.4 +3.3
TMDV ProShares Russell US Dividend Growers ETF 2.2 35 1 6.5 -5.5
SRET Global X SuperDividend REIT ETF 2.1 59 -23 12.2 +0.2
FTXR First Trust Nasdaq Transportation ETF 2.1 60 -24 9.4 -2.7
PEZ Invesco Dorsey Wright Consumer Cyclicals Momentum ETF 2.1 60 -24 3.9 -8.2
LST Leuthold Select Industries ETF 2.1 91 -55 5.4 -6.6
WDIV SPDR S&P Global Dividend ETF 2.1 40 -4 9.6 -2.5
DIV Global X SuperDividend US ETF 2.1 45 -9 11.9 -0.2
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 2.0 59 -23 6.5 -5.6
PFI Invesco Dorsey Wright Financial Momentum ETF 2.0 60 -24 6.5 -5.5
TAX Cambria Tax Aware ETF 2.0 49 -13 5.2 -6.8
KBWP Invesco KBW Property & Casualty Insurance ETF 1.9 35 1 6.7 -5.3
STCE Schwab Crypto Thematic ETF 1.9 30 6 1.0 -11.0
EBI Longview Advantage ETF 1.9 35 1 6.8 -5.3
PSCH Invesco S&P SmallCap Health Care ETF 1.7 29 7 4.6 -7.5
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.7 30 6 6.8 -5.3
XME SPDR S&P Metals & Mining ETF 1.7 35 1 8.3 -3.8
GLRY Inspire Faithward Mid Cap Momentum ETF 1.7 80 -44 6.3 -5.7
IYT iShares US Transportation ETF 1.7 40 -4 5.1 -7.0
FVD First Trust Value Line Dividend Index Fund 1.7 65 -29 6.4 -5.7
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.7 7 29 6.2 -5.8
CSD Invesco S&P Spin-Off ETF 1.6 65 -29 7.9 -4.2
VLU SPDR S&P 1500 Value Tilt ETF 1.6 12 24 7.6 -4.4
JETS U.S. Global Jets ETF 1.6 60 -24 2.8 -9.3
AIRL Themes Airlines ETF 1.6 35 1 1.8 -10.3
CCNR ALPS CoreCommodity Natural Resources ETF 1.6 39 -3 11.6 -0.5
FYC First Trust Small Cap Growth AlphaDEX Fund 1.6 71 -35 0.5 -11.6
VFH Vanguard Financials ETF 1.6 9 27 6.4 -5.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 1.5 29 7 6.5 -5.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.5 56 -20 11.1 -0.9
FNCL Fidelity MSCI Financials Index ETF 1.5 8 28 6.4 -5.7
DFAC Dimensional U.S. Core Equity 2 ETF 1.5 17 19 5.7 -6.4
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 1.4 61 -25 6.6 -5.4
DFUV Dimensional US Marketwide Value ETF 1.4 22 14 7.7 -4.4
PRN Invesco Dorsey Wright Industrials Momentum ETF 1.4 60 -24 3.7 -8.4
AVSU Avantis Responsible U.S. Equity ETF 1.4 15 21 6.1 -5.9
RNSC Furst Trust Small Cap US Equity Select ETF 1.4 60 -24 6.0 -6.1
ISCG iShares Morningstar Small-Cap Growth ETF 1.4 6 30 3.0 -9.1
KOMP SPDR S&P Kensho New Economies Composite ETF 1.4 20 16 2.8 -9.3
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.4 70 -34 3.1 -9.0
NIXT Research Affiliates Deletions ETF 1.3 9 27 9.0 -3.1
QDF FlexShares Quality Dividend Index Fund 1.3 37 -1 6.4 -5.7
KCE SPDR S&P Capital Markets ETF 1.3 35 1 5.7 -6.4
TMFG Motley Fool Global Opportunities ETF 1.3 85 -49 3.9 -8.1
TMFM Motley Fool Mid-Cap Growth ETF 1.3 85 -49 2.5 -9.6
TMFS Motley Fool Small-Cap Growth ETF 1.3 85 -49 3.4 -8.7
RSMC Rockefeller U.S. Small-Mid Cap ETF 1.3 75 -39 4.8 -7.3
SFYX SoFi Next 500 ETF 1.3 0 36 6.0 -6.1
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 1.3 60 -24 6.1 -5.9
HKND Humankind US Stock ETF 1.2 11 25 7.3 -4.7
ERTH Invesco MSCI Sustainable Future ETF 1.2 62 -26 3.6 -8.4
FDIS Fidelity MSCI Consumer Discretionary Index ETF 1.2 8 28 4.6 -7.4
FNDB Schwab Fundamental US Broad Market Index ETF 1.1 25 11 7.3 -4.8
AVUS Avantis U.S. Equity ETF 1.1 15 21 5.9 -6.2
DCOR Dimensional US Core Equity 1 ETF 1.1 14 22 5.5 -6.6
SMOT VanEck Morningstar SMID Moat ETF 1.1 49 -13 6.7 -5.3
GURU Global X Guru Index ETF 1.1 75 -39 3.5 -8.6
PAVE Global X U.S. Infrastructure Development ETF 1.1 47 -11 5.6 -6.4
DEW WisdomTree Global High Dividend Fund 1.1 58 -22 8.7 -3.3
BJK VanEck Gaming ETF 1.1 65 -29 4.1 -7.9
BETZ Roundhill Sports Betting & iGaming ETF 1.1 75 -39 2.0 -10.0
RNIN Bushido Capital US SMID Cap Equity ETF 1.1 70 -34 5.0 -7.0
DFSU Dimensional US Sustainability Core 1 ETF 1.1 18 18 5.5 -6.6
XTL SPDR S&P Telecom ETF 1.0 35 1 2.5 -9.6
VCR Vanguard Consumer Discretionary ETF 1.0 9 27 4.6 -7.5
FFTY Innovator IBD 50 ETF 1.0 80 -44 0.5 -11.6
QDEF FlexShares Quality Dividend Defensive Index Fund 1.0 37 -1 6.2 -5.9
VEGI iShares MSCI Agriculture Producers ETF 1.0 39 -3 8.6 -3.5
XOP SPDR S&P Oil & Gas Exploration & Production ETF 1.0 35 1 15.6 +3.6
ROUS Hartford Multifactor US Equity ETF 1.0 19 17 7.2 -4.9
DTD WisdomTree U.S. Total Dividend Fund 1.0 28 8 6.4 -5.7
FCPI Fidelity Stocks for Inflation ETF 0.9 15 21 7.6 -4.5
RDVY First Trust Rising Dividend Achievers ETF 0.9 50 -14 7.5 -4.6
XES SPDR S&P Oil & Gas Equipment & Services ETF 0.9 35 1 3.5 -8.5
PTEC Global X PropTech ETF 0.9 50 -14 1.8 -10.3
SIMS SPDR S&P Kensho Intelligent Structures ETF 0.9 45 -9 4.6 -7.5
MOTO SmartETFs Smart Transportation & Technology ETF 0.9 68 -32 7.3 -4.7
HAIL SPDR S&P Kensho Smart Mobility ETF 0.9 45 -9 1.1 -11.0
TOGA Tremblant Global ETF 0.9 69 -33 1.5 -10.6
VDC Vanguard Consumer Staples ETF 0.9 9 27 5.6 -6.5
PRF Invesco FTSE RAFI US 1000 ETF 0.8 39 -3 6.9 -5.2
VFMV Vanguard U.S. Minimum Volatility ETF 0.8 13 23 5.7 -6.4
FLDZ RiverNorth Patriot ETF 0.8 75 -39 6.1 -5.9
FSTA FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF 0.8 8 28 5.6 -6.4
SCDV Bahl & Gaynor Small Cap Dividend ETF 0.8 70 -34 4.8 -7.3
TOKE Cambria Cannabis ETF 0.8 42 -6 1.8 -10.2
AIEQ AI Powered Equity ETF 0.8 75 -39 3.8 -8.3
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.8 27 9 7.0 -5.0
IEZ iShares U.S. Oil Equipment & Services ETF 0.8 40 -4 5.2 -6.8
MGMT Ballast Small/Mid Cap ETF 0.8 110 -74 9.1 -3.0
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.8 64 -28 2.3 -9.7
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.8 68 -32 2.4 -9.6
BLOK Amplify Transformational Data Sharing ETF 0.8 75 -39 -0.0 -12.1
XSD SPDR S&P Semiconductor ETF 0.8 35 1 4.4 -7.6
ARB AltShares Merger Arbitrage ETF 0.8 77 -41 4.2 -7.8
DIVY Sound Equity Dividend Income ETF 0.8 45 -9 11.2 -0.9
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.7 95 -59 0.6 -11.4
PKW Invesco Buyback Achievers ETF 0.7 62 -26 7.4 -4.7
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 0.7 56 -20 6.4 -5.6
MOO VanEck Agribusiness ETF 0.7 53 -17 10.3 -1.7
QMOM Alpha Architect U.S. Quantitative Momentum ETF 0.7 39 -3 3.2 -8.9
QVAL Alpha Architect US Quantitative Value ETF 0.7 39 -3 9.8 -2.2
ABLS Abacus FCF Small Cap Leaders ETF 0.7 59 -23 6.4 -5.6
QLV FlexShares US Quality Low Volatility Index Fund 0.7 22 14 5.7 -6.3
HLGE Hartford Longevity Economy ETF 0.7 44 -8 6.6 -5.5
AVES Avantis Emerging Markets Value ETF 0.7 36 0 11.7 -0.3
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.7 15 21 7.6 -4.5
EVX VanEck Environmental Services ETF 0.7 55 -19 2.2 -9.8
IPDP Dividend Performers ETF 0.7 122 -86 5.1 -6.9
UDI USCF Dividend Income Fund 0.7 65 -29 8.2 -3.9
SUPL ProShares Supply Chain Logistics ETF 0.7 58 -22 11.5 -0.6
BOAT SonicShares Global Shipping ETF 0.7 69 -33 31.3 +19.2
JVAL JPMorgan U.S. Value Factor ETF 0.7 12 24 8.3 -3.7
MAKX ProShares S&P Kensho Smart Factories ETF 0.7 58 -22 -0.6 -12.6
FITE SPDR S&P Kensho Future Security ETF 0.7 45 -9 2.1 -9.9
CUT Invesco MSCI Global Timber ETF 0.7 61 -25 10.2 -1.8
WOOD iShares Global Timber & Forestry ETF 0.7 42 -6 12.2 +0.2
FNDX Schwab Fundamental US Large Co. Index ETF 0.7 25 11 7.2 -4.9
SLX VanEck Steel ETF 0.7 56 -20 15.4 +3.4
VYM Vanguard High Dividend Yield Index ETF 0.7 6 30 7.2 -4.8
FMET Fidelity Metaverse ETF 0.7 39 -3 4.8 -7.2
VERS ProShares Metaverse ETF 0.7 58 -22 -1.2 -13.2
FPX First Trust US Equity Opportunities ETF 0.7 61 -25 1.0 -11.1
OSCV Opus Small Cap Value ETF 0.6 79 -43 6.7 -5.3
FTXG First Trust Nasdaq Food & Beverage ETF 0.6 60 -24 7.4 -4.7
ICAP InfraCap Equity Income Fund ETF 0.6 171 -135 6.8 -5.3
SCHD Schwab US Dividend Equity ETF 0.6 6 30 9.9 -2.2
PTF Invesco Dorsey Wright Technology Momentum ETF 0.6 60 -24 1.3 -10.7
RNMC First Trust Mid Cap US Equity Select ETF 0.6 60 -24 6.3 -5.7
BOUT Innovator IBD Breakout Opportunities ETF 0.6 81 -45 3.4 -8.7
AZTD Aztlan Global Stock Selection DM SMID ETF 0.6 75 -39 7.7 -4.3
ONEY SPDR Russell 1000 Yield Focus ETF 0.6 20 16 9.7 -2.3
FUTY Fidelity MSCI Utilities Index ETF 0.6 8 28 5.4 -6.6
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.6 15 21 6.2 -5.9
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.6 85 -49 9.9 -2.2
VRAI Virtus Real Asset Income ETF 0.6 55 -19 10.6 -1.5
DESK VanEck Office and Commercial REIT ETF 0.6 50 -14 13.1 +1.1
BLDG Cambria Global Real Estate ETF 0.6 60 -24 12.1 +0.0
REAI Intelligent Real Estate ETF 0.6 59 -23 14.9 +2.9
PEJ Invesco Leisure and Entertainment ETF 0.6 58 -22 1.0 -11.1
CNRG SPDR S&P Kensho Clean Power ETF 0.6 45 -9 0.6 -11.5
SCHM Schwab U.S. Mid-Cap ETF 0.6 4 32 6.8 -5.2
SHPP Pacer Industrials and Logistics ETF 0.6 60 -24 8.5 -3.5
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.6 5 31 8.0 -4.0
SAGP Strategas Global Policy Opportunities ETF 0.6 65 -29 5.2 -6.8
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.6 43 -7 6.4 -5.7
FDL First Trust Morningstar Dividend Leaders Index Fund 0.6 45 -9 9.5 -2.6
ACTV LeaderShares Activist Leaders ETF 0.6 75 -39 5.4 -6.7
PUI Invesco Dorsey Wright Utilities Momentum ETF 0.6 60 -24 5.6 -6.4
FOVL iShares Focused Value Factor ETF 0.6 25 11 10.1 -2.0
FFOX FundX Future Fund Opportunities ETF 0.6 100 -64 4.4 -7.6
LQPE PEO AlphaQuest Thematic PE ETF 0.6 125 -89 5.4 -6.7
VPU Vanguard Utilities ETF 0.6 9 27 5.4 -6.7
VTWG Vanguard Russell 2000 Growth ETF 0.6 10 26 1.5 -10.5
IWO iShares Russell 2000 Growth ETF 0.6 24 12 1.4 -10.6
EQAL Invesco Russell 1000 Equal Weight ETF 0.6 20 16 7.0 -5.0
DFAU Dimensional US Core Equity Market ETF 0.6 12 24 5.2 -6.9
AVIE Avantis  Inflation Focused Equity ETF 0.6 25 11 7.4 -4.7
FCOM Fidelity MSCI Communication Services Index ETF 0.6 8 28 4.7 -7.3
QQQS Invesco NASDAQ Future Gen 200 ETF 0.5 20 16 -2.7 -14.8
IBUY Amplify Online Retail ETF 0.5 65 -29 1.2 -10.8
VUSE Vident U.S. Equity Strategy ETF 0.5 50 -14 4.6 -7.5
VIS Vanguard Industrials ETF 0.5 9 27 4.6 -7.5
TPYP Tortoise North American Pipeline Fund 0.5 40 -4 5.9 -6.2
JSTC Adasina Social Justice All Cap Global ETF 0.5 89 -53 4.8 -7.3
TTAC FCF US Quality ETF 0.5 59 -23 6.1 -6.0
VOX Vanguard Communication Services ETF 0.5 9 27 4.7 -7.3
BNGE First Trust S-Network Streaming and Gaming ETF 0.5 70 -34 2.8 -9.3
FIDU Fidelity MSCI Industrial Index ETF 0.4 8 28 4.5 -7.6
FELV Fidelity Enhanced Large Cap Value ETF 0.4 18 18 6.8 -5.2
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.4 3 33 5.2 -6.8
ZAP Global X U.S. Electrification ETF 0.4 50 -14 4.3 -7.7
VTHR Vanguard Russell 3000 ETF 0.4 7 29 5.0 -7.1
DFUS Dimensional U.S. Equity ETF 0.4 9 27 4.9 -7.1
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF 0.4 40 -4 3.9 -8.1
FTRI First Trust Indxx Global Natural Resources Income ETF 0.4 70 -34 8.2 -3.9
HART IQ Healthy Hearts ETF 0.4 45 -9 6.7 -5.4
VTI Vanguard Total Stock Market ETF 0.4 3 33 5.0 -7.1
IWV iShares Russell 3000 ETF 0.4 20 16 4.9 -7.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.4 12 24 4.6 -7.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.4 3 33 5.0 -7.0
SCHB Schwab U.S. Broad Market ETF 0.4 3 33 5.1 -6.9
IUS Invesco RAFI Strategic US ETF 0.4 19 17 6.8 -5.3
SMMD iShares Russell 2500 ETF 0.4 15 21 6.4 -5.6
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.4 24 12 8.3 -3.8
ONEO SPDR Russell 1000 Momentum Focus ETF 0.4 20 16 7.1 -5.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.4 21 15 3.8 -8.2
ESGV Vanguard ESG U.S. Stock ETF 0.4 9 27 4.8 -7.2
HDUS Hartford Disciplined US Equity ETF 0.4 19 17 5.8 -6.2
SNSR Global X Internet of Things ETF 0.3 68 -32 4.5 -7.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.3 46 -10 10.4 -1.7
TMFX Motley Fool Next Index ETF 0.3 50 -14 2.6 -9.4
CZA Invesco Zacks Mid-Cap ETF 0.3 72 -36 6.5 -5.5
AVMV Avantis U.S. Mid Cap Value ETF 0.3 20 16 8.9 -3.2
SDY SPDR S&P Dividend ETF 0.3 35 1 6.7 -5.3
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.3 79 -43 4.5 -7.6
FMAT Fidelity MSCI Materials Index ETF 0.3 8 28 6.3 -5.8
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.3 70 -34 4.7 -7.3
HWAY Themes US Infrastructure ETF 0.3 29 7 6.5 -5.5
IWS iShares Russell Mid-Cap Value ETF 0.3 23 13 6.9 -5.2
VNQ Vanguard Real Estate ETF 0.3 13 23 7.6 -4.5
IEO iShares U.S. Oil & Gas Exploration & Production ETF 0.3 40 -4 13.0 +0.9
FXD First Trust Consumer Discretionary AlphaDEX Fund 0.3 61 -25 7.5 -4.5
MILN Global X Millennial Consumer ETF 0.3 50 -14 3.6 -8.4
FREL Fidelity MSCI Real Estate Index ETF 0.3 8 28 7.7 -4.4
AVLV Avantis U.S. Large Cap Value ETF 0.3 15 21 7.9 -4.1
VAW Vanguard Materials ETF 0.3 9 27 6.3 -5.8
IHF iShares U.S. Healthcare Providers ETF 0.3 40 -4 8.3 -3.8
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 19 7.1 -5.0
DGRO iShares Core Dividend Growth ETF 0.2 8 28 6.5 -5.6
VBK Vanguard Small-Cap Growth ETF 0.2 7 29 2.0 -10.1
DIVB iShares Core Dividend ETF 0.2 5 31 7.7 -4.4
GQRE FlexShares Global Quality Real Estate Index Fund 0.2 45 -9 7.9 -4.1
IDU iShares U.S. Utilities ETF 0.2 40 -4 4.8 -7.2
FLRG Fidelity U.S. Multifactor ETF 0.2 15 21 7.0 -5.0
NANR SPDR S&P North American Natural Resources ETF 0.2 35 1 8.3 -3.7
FELC Fidelity Enhanced Large Cap Core ETF 0.2 18 18 5.3 -6.7
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.2 38 -2 6.3 -5.8
IWR iShares Russell Midcap ETF 0.2 19 17 5.9 -6.2
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.2 30 6 8.4 -3.7
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 16 7.8 -4.3
VT Vanguard Total World Stock ETF 0.2 6 30 6.0 -6.0
IYF iShares U.S. Financials ETF 0.2 40 -4 5.9 -6.1
PFM Invesco Dividend Achievers ETF 0.2 53 -17 5.3 -6.8
FLQL Franklin LibertyQ U.S. Equity ETF 0.2 15 21 5.5 -6.6
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 32 6.3 -5.8
STXM Strive Mid-Cap ETF 0.2 18 18 6.4 -5.6
FTEC Fidelity MSCI Information Technology Index ETF 0.2 8 28 4.1 -8.0
ANEW ProShares MSCI Transformational Changes ETF 0.2 45 -9 6.1 -6.0
VDE Vanguard Energy ETF 0.2 9 27 9.4 -2.7
PICK iShares MSCI Global Metals & Mining Producers ETF 0.2 39 -3 13.8 +1.8
VGT Vanguard Information Technology ETF 0.2 9 27 4.1 -8.0
GINN Goldman Sachs Innovate Equity ETF 0.2 52 -16 3.7 -8.4
FENY Fidelity MSCI Energy Index ETF 0.2 8 28 9.4 -2.7
JGRO JPMorgan Active Growth ETF 0.2 44 -8 3.5 -8.6
FBCG Fidelity Blue Chip Growth ETF 0.2 59 -23 2.9 -9.1
SXQG ETC 6 Meridian Quality Growth ETF 0.1 100 -64 4.7 -7.4
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -39 3.7 -8.3
MADE iShares U.S. Manufacturing ETF 0.1 40 -4 5.1 -7.0
STXV Strive 1000 Value ETF 0.1 18 18 8.1 -3.9
IGE iShares North American Natural Resources ETF 0.1 41 -5 7.9 -4.1
VIG Vanguard Dividend Appreciation ETF 0.1 5 31 5.6 -6.4
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 0.1 11 25 8.1 -4.0
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 22 5.0 -7.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.1 18 18 7.8 -4.3
VONV Vanguard Russell 1000 Value ETF 0.1 7 29 6.6 -5.4
IWD iShares Russell 1000 Value ETF 0.1 19 17 6.5 -5.5
IYJ iShares U.S. Industrials ETF 0.1 40 -4 4.5 -7.6
RWR SPDR Dow Jones REIT ETF 0.1 25 11 7.7 -4.4
VGSR Vert Global Sustainable Real Estate ETF 0.1 47 -11 7.4 -4.7
DGRW WisdomTree US Quality Dividend Growth Fund 0.1 28 8 5.5 -6.5
IEDI iShares U.S. Consumer Focused ETF 0.1 18 18 5.2 -6.9
DSI iShares MSCI KLD 400 Social ETF 0.1 25 11 4.9 -7.1
USRT iShares Core U.S. REIT ETF 0.1 8 28 7.9 -4.2
AFLG First Trust Active Factor Large Cap ETF 0.1 55 -19 6.2 -5.9
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.1 46 -10 5.7 -6.4
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 24 6.6 -5.4
AVMC Avantis U.S. Mid Cap Equity ETF 0.1 18 18 7.0 -5.1
JMOM JPMorgan U.S. Momentum Factor ETF 0.1 12 24 4.5 -7.5
FRI First Trust S&P REIT Index Fund 0.1 50 -14 7.6 -4.5
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 21 5.0 -7.1
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 -6 6.5 -5.5
DFAR Dimensional US Real Estate ETF 0.1 19 17 8.1 -4.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 27 5.9 -6.1
HDV iShares Core High Dividend ETF 0.1 8 28 6.9 -5.2
IYG iShares US Financial Services ETF 0.1 40 -4 5.4 -6.7
SCHH Schwab U.S. REIT ETF 0.1 7 29 8.2 -3.9
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.1 50 -14 5.4 -6.7
REET iShares Global REIT ETF 0.1 14 22 7.7 -4.4
RWO SPDR Dow Jones Global Real Estate ETF 0.1 50 -14 7.1 -4.9
ERET iShares Environmentally Aware Real Estate ETF 0.1 30 6 7.5 -4.5
SCHK Schwab 1000 Index ETF 0.1 5 31 5.1 -7.0
DFGR Dimensional Global Real Estate ETF 0.1 22 14 7.5 -4.5
IGM iShares Expanded Tech Sector ETF 0.1 41 -5 3.9 -8.1
REVS Columbia Research Enhanced Value ETF 0.1 19 17 7.8 -4.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 25 5.0 -7.1
IWB iShares Russell 1000 ETF 0.0 15 21 4.9 -7.1
VHT Vanguard Health Care ETF 0.0 9 27 6.3 -5.8
VONE Vanguard Russell 1000 ETF 0.0 7 29 5.0 -7.0
IYC iShares U.S. Consumer Discretionary ETF 0.0 40 -4 3.8 -8.3
TMFE Motley Fool Capital Efficiency 100 Index ETF 0.0 50 -14 4.2 -7.9
FHLC Fidelity MSCI Health Care Index ETF 0.0 8 28 6.5 -5.6
PTL Inspire 500 ETF 0.0 9 27 5.4 -6.7
IYY iShares Dow Jones U.S. ETF 0.0 20 16 4.9 -7.2
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.0 47 -11 5.8 -6.2
AVUQ Avantis U.S. Quality ETF 0.0 15 21 4.9 -7.2
DVY iShares Select Dividend ETF 0.0 38 -2 9.3 -2.7
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 16 5.1 -6.9
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 21 4.7 -7.3
ACVF American Conservative Values ETF 0.0 75 -39 4.4 -7.7
RECS Columbia Research Enhanced Core ETF 0.0 15 21 5.9 -6.2

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

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Invesco S&P SmallCap Value with Momentum ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.2 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 36 bp
Equals: ALTAR Score 12.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.70 CATEGORY
AVERAGE		 1.59
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

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

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

 

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