USCF Sustainable Battery Metals Strategy Fund
ALTAR
Score™		 7.9% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 221.2x P/Sales
ratio		 1.0x
P/BV
ratio		 1.3x Div.
yield		 0.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
ZSB is an actively managed fund consisting of derivatives that provide exposure to various metals necessary for battery and electrification infrastructure.

FUND BASICS
Category Global Equities
Fund Sponsor Marygold
Website www.uscfinvestments.com/zsb
Inception date Jan 11, 2023
Assets (mns) $2
Currency USD
Expense ratio 61 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 36
Wgt avg mkt cap (mns) $479
Large cap (>$10bn) 7.6%
Mid cap ($2-10bn) 46.3%
Small cap (<$2bn) 45.7%
Developed mkts 75.6%
Emerging mkts 24.4%

TOP TEN HOLDINGS
GRAFTECH INTERNATIONAL LTD. 9.4 %
MP MATERIALS CORP CLASS A 3.3 %
LYNAS CORPORATION LIMITED 3.2 %
SGL CARBON SE 2.0 %
ELKEM ASA 1.9 %
NIPPON CARBON CO LTD 1.3 %
ALBEMARLE CORP 1.2 %
QUIMICA Y MINERA CHIL-SP ADR 1.0 %
JINDUICHENG MOLYBDENUM CO., LTD. C 1.0 %
SINOFIBERS TECHNOLOGY CO., LTD. CL 1.0 %
Total 25.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 14.8 %
CHINA 4.6 %
AUSTRALIA 4.0 %
GERMANY 2.9 %
JAPAN 2.0 %
NORWAY 1.9 %
CHILE 1.0 %
FRANCE 0.6 %
HONG KONG 0.3 %
BRAZIL 0.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
14.7% 11.9% -- -- -16.0%

Market Correlations
versus... Beta R-squared
S&P500 -0.07 0%
MSCI EAFE 0.28 4%
MSCI Emg. Mkts. 0.43 7%

Technical Indicators
Recent close $15.49
30d moving avg. $14.73
Annualized volatility 19.7%
Short interest (ETF) 0.1%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.73%
ADV underlying (mns) $742

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 329 potential alternatives to the USCF Sustainable Battery Metals Strategy Fund ETF based on the alternatives' overlap in portfolio holdings with ZSB. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ZSB Expense: 61 bp ALTAR Score™: 7.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ZSB
Ticker Fund
Name		 Overlap1
vs ZSB
(%)		 Expense
ratio
(bp)		 Savings
vs ZSB
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs ZSB
(%)
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 11.1 85 -24 8.8 +0.9
REMX VanEck Rare Earth/Strategic Metals ETF 10.7 54 7 3.9 -4.0
DMAT Global X Disruptive Materials ETF 10.1 59 2 7.3 -0.6
SETM Sprott Energy Transition Materials ETF 9.7 65 -4 2.6 -5.3
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 8.7 72 -11 -0.9 -8.8
GMET VanEck Green Metals ETF 7.0 63 -2 8.4 +0.5
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 5.6 58 3 -2.2 -10.1
BATT Amplify Lithium & Battery Technology ETF 5.3 59 2 3.3 -4.6
LIMI Themes Lithium & Battery Metal Miners ETF 4.8 35 26 6.7 -1.2
PBW Invesco WilderHill Clean Energy ETF 4.3 66 -5 -3.6 -11.5
DRIV Global X Autonomous & Electric Vehicles ETF 4.2 68 -7 4.9 -3.0
ION ProShares S&P Global Core Battery Metals ETF 4.2 58 3 9.2 +1.3
LITP Sprott Lithium Miners ETF 3.6 65 -4 2.1 -5.8
LIT Global X Lithium & Battery Tech ETF 3.5 75 -14 4.3 -3.6
SAMT Strategas Macro Thematic Opportunities ETF 3.3 65 -4 2.7 -5.2
VCLN Virtus Duff & Phelps Clean Energy ETF 3.3 59 2 4.7 -3.2
PSCM Invesco S&P SmallCap Materials ETF 3.3 29 32 12.6 +4.8
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 3.3 60 1 6.0 -1.8
XME SPDR S&P Metals & Mining ETF 3.3 35 26 6.8 -1.1
WBAT WisdomTree Battery Value Chain and Innovation Fund 3.0 45 16 4.0 -3.9
ILIT iShares Lithium Miners and Producers ETF 2.9 47 14 6.5 -1.3
CARZ First Trust NASDAQ Global Auto Index Fund 2.8 70 -9 4.7 -3.2
IYM iShares U.S. Basic Materials ETF 2.5 40 21 6.1 -1.8
FXZ First Trust Materials AlphaDEX Fund 2.4 61 0 9.8 +2.0
IDRV iShares Self-driving EV & Tech ETF 2.3 47 14 1.8 -6.1
PBD Invesco Global Clean Energy ETF 2.3 75 -14 -0.3 -8.2
PICK iShares MSCI Global Metals & Mining Producers ETF 2.3 39 22 12.2 +4.3
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.1 39 22 -0.9 -8.8
NIXT Research Affiliates Deletions ETF 1.5 9 52 8.6 +0.7
FMAT Fidelity MSCI Materials Index ETF 1.3 8 53 6.1 -1.7
CVAR Cultivar ETF 1.3 87 -26 6.8 -1.1
FLAU Franklin FTSE Australia ETF 1.3 9 52 6.0 -1.9
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.2 35 26 6.2 -1.7
ACES ALPS Clean Energy ETF 1.2 55 6 -3.5 -11.4
RSPM Invesco S&P 500 Equal Weight Materials ETF 1.2 40 21 7.8 -0.1
XLB Materials Select Sector SPDR Fund 1.2 8 53 6.4 -1.5
VAW Vanguard Materials ETF 1.2 9 52 6.1 -1.8
OBOR KraneShares MSCI One Belt One Road Index ETF 1.2 79 -18 8.8 +0.9
ALTL Pacer Lunt Large Cap Alternator ETF 1.1 60 1 4.2 -3.7
SPHB Invesco S&P 500 High Beta ETF 1.1 25 36 4.6 -3.3
ILF iShares Latin America 40 ETF 1.1 48 13 12.3 +4.4
CCSO Carbon Collective Climate Solutions US Equity ETF 1.1 35 26 1.0 -6.9
FTAG First Trust Indxx Global Agriculture ETF 1.0 70 -9 8.4 +0.5
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.0 29 32 8.2 +0.3
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 0.9 65 -4 6.9 -1.0
ARB AltShares Merger Arbitrage ETF 0.8 77 -16 4.2 -3.7
KALL KraneShares MSCI All China Index ETF 0.8 49 12 15.0 +7.1
IJS iShares S&P Small-Cap 600 Value ETF 0.7 18 43 9.7 +1.8
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.7 15 46 7.6 -0.3
EQAL Invesco Russell 1000 Equal Weight ETF 0.7 20 41 6.8 -1.1
MXI iShares Global Materials ETF 0.7 41 20 7.5 -0.4
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.7 10 51 9.7 +1.9
SLYV SPDR S&P 600 Small Cap Value ETF 0.7 15 46 9.7 +1.8
CCNR ALPS CoreCommodity Natural Resources ETF 0.7 39 22 10.6 +2.7
XJR iShares ESG Screened S&P Small-Cap ETF 0.7 12 49 7.4 -0.5
FEUZ First Trust Eurozone AlphaDEX ETF 0.7 80 -19 9.0 +1.1
IJR iShares Core S&P Small Cap ETF 0.6 6 55 7.6 -0.2
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.6 60 1 2.0 -5.9
SCZ iShares MSCI EAFE Small-Cap ETF 0.6 40 21 6.8 -1.1
IBAT iShares Energy Storage & Materials ETF 0.6 47 14 3.5 -4.4
GSFP Goldman Sachs Future Planet Equity ETF 0.6 75 -14 4.8 -3.1
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.6 20 41 6.5 -1.4
VIOO Vanguard S&P Small-Cap 600 ETF 0.6 7 54 7.6 -0.3
RCGE RockCreek Global Equality ETF 0.6 95 -34 6.6 -1.2
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.6 65 -4 4.8 -3.1
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.6 3 58 7.6 -0.2
SAGP Strategas Global Policy Opportunities ETF 0.6 65 -4 5.4 -2.5
IJT iShares S&P Small-Cap 600 Growth ETF 0.5 18 43 5.5 -2.4
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.5 15 46 7.8 -0.1
AVDS Avantis International Small Cap Equity ETF 0.5 30 31 7.2 -0.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 12 6.7 -1.2
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.5 10 51 5.6 -2.3
SLYG SPDR S&P 600 Small Cap Growth ETF 0.5 15 46 5.5 -2.3
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.5 15 46 6.0 -1.9
STXM Strive Mid-Cap ETF 0.5 18 43 6.1 -1.8
CNYA iShares MSCI China A ETF 0.4 60 1 6.2 -1.7
NANR SPDR S&P North American Natural Resources ETF 0.4 35 26 7.7 -0.2
ISCG iShares Morningstar Small-Cap Growth ETF 0.4 6 55 2.9 -5.0
BKSE BNY Mellon US Small Cap Core Equity ETF 0.4 4 57 5.9 -2.0
NORW Global X MSCI Norway ETF 0.4 50 11 10.2 +2.3
ENOR iShares MSCI Norway ETF 0.4 53 8 10.5 +2.6
RAYC Rayliant Quantamental China Equity ETF 0.4 80 -19 7.3 -0.5
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.4 19 42 5.7 -2.2
FEP First Trust Europe AlphaDEX Fund 0.4 80 -19 8.9 +1.1
DFAS Dimensional U.S. Small Cap ETF 0.4 26 35 6.4 -1.5
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.4 32 29 15.0 +7.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 22 5.6 -2.3
SDY SPDR S&P Dividend ETF 0.3 35 26 6.7 -1.2
CGDV Capital Group Dividend Value ETF 0.3 33 28 4.5 -3.3
XT iShares Exponential Technologies ETF 0.3 46 15 4.8 -3.0
VBK Vanguard Small-Cap Growth ETF 0.3 7 54 1.9 -6.0
DISV Dimensional International Small Cap Value ETF 0.3 42 19 8.8 +1.0
DTAN Sparkline International Intangible Value ETF 0.3 55 6 8.5 +0.6
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.3 95 -34 0.5 -7.4
ISCB iShares Morningstar Small-Cap ETF 0.3 4 57 6.2 -1.7
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.3 17 44 5.7 -2.2
IGE iShares North American Natural Resources ETF 0.3 41 20 7.4 -0.5
AVIE Avantis  Inflation Focused Equity ETF 0.3 25 36 7.3 -0.5
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 57 6.1 -1.8
IPOS Renaissance International IPO ETF 0.3 80 -19 2.2 -5.7
VB Vanguard Small-Cap ETF 0.3 5 56 6.1 -1.8
BIBL Inspire 100 ETF 0.3 35 26 5.1 -2.8
CGGR Capital Group Growth ETF 0.3 39 22 3.1 -4.8
BUZZ VanEck Social Sentiment ETF 0.3 75 -14 -0.4 -8.3
CRTC Xtrackers US National Critical Technologies ETF 0.3 35 26 4.7 -3.2
SMMD iShares Russell 2500 ETF 0.3 15 46 6.1 -1.7
AVDV Avantis International Small Cap Value ETF 0.3 36 25 9.2 +1.4
VPL Vanguard FTSE Pacific ETF 0.2 7 54 6.7 -1.2
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.2 33 28 8.4 +0.5
SCHA Schwab U.S. Small-Cap ETF 0.2 4 57 5.9 -2.0
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 36 8.2 +0.3
BLES Inspire Global Hope ETF 0.2 61 0 6.7 -1.1
IPAC iShares Core MSCI Pacific ETF 0.2 9 52 6.2 -1.7
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 41 6.6 -1.3
GWX SPDR S&P International Small Cap ETF 0.2 40 21 5.8 -2.0
AVEM Avantis Emerging Markets Equity ETF 0.2 33 28 8.4 +0.5
VBR Vanguard Small Cap Value ETF 0.2 7 54 9.1 +1.2
ISCF iShares International SmallCap Equity Factor ETF 0.2 23 38 8.0 +0.1
FLCH Franklin FTSE China ETF 0.2 19 42 15.1 +7.2
ROAM Hartford Multifactor Emerging Markets ETF 0.2 44 17 11.8 +4.0
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 22 5.3 -2.6
ISCV iShares Morningstar Small Cap Value ETF 0.2 6 55 9.3 +1.4
DFAE Dimensional Emerging Core Equity Market ETF 0.2 35 26 9.0 +1.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.2 41 20 8.4 +0.5
SCHM Schwab U.S. Mid-Cap ETF 0.2 4 57 6.6 -1.3
KOMP SPDR S&P Kensho New Economies Composite ETF 0.2 20 41 2.4 -5.4
IEUS iShares MSCI Europe Small-Cap ETF 0.2 42 19 7.2 -0.7
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 47 4.8 -3.1
ECNS iShares MSCI China Small-Cap ETF 0.2 59 2 7.7 -0.2
DXIV Dimensional International Vector Equity ETF 0.2 34 27 7.7 -0.2
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.2 38 23 8.9 +1.1
COPY Tweedy, Browne Insider + Value ETF 0.2 80 -19 11.7 +3.8
DFIS Dimensional International Small Cap ETF 0.2 39 22 7.2 -0.7
IWS iShares Russell Mid-Cap Value ETF 0.2 23 38 6.8 -1.1
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.2 80 -19 10.2 +2.3
AVMC Avantis U.S. Mid Cap Equity ETF 0.2 18 43 6.9 -1.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.2 7 54 6.0 -1.9
IQSI IQ Candriam International Equity ETF 0.2 15 46 6.6 -1.3
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.2 35 26 7.2 -0.7
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.2 58 3 7.2 -0.7
DFEV Dimensional Emerging Markets Value ETF 0.1 43 18 12.9 +5.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.1 30 31 7.7 -0.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 28 9.7 +1.8
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 36 5.6 -2.3
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.1 53 8 7.6 -0.3
DFJ WisdomTree Japan SmallCap Dividend Fund 0.1 58 3 7.2 -0.7
IWR iShares Russell Midcap ETF 0.1 19 42 5.8 -2.1
VXF Vanguard Extended Market ETF 0.1 5 56 4.6 -3.2
GXC SPDR S&P China ETF 0.1 59 2 14.6 +6.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 22 7.8 -0.1
AVDE Avantis International Equity ETF 0.1 23 38 7.3 -0.6
AVES Avantis Emerging Markets Value ETF 0.1 36 25 10.8 +2.9
CWI SPDR MSCI ACWI ex-US ETF 0.1 30 31 7.5 -0.4
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 3 7.9 +0.1
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 50 9.6 +1.8
EV Mast Global Battery Recycling & Production ETF 0.1 65 -4 10.5 +2.6
AFMC First Trust Active Factor Mid Cap ETF 0.1 65 -4 8.3 +0.5
APIE ActivePassive International Equity ETF 0.1 45 16 7.4 -0.5
VSGX Vanguard ESG International Stock ETF 0.1 10 51 7.5 -0.4
SFYX SoFi Next 500 ETF 0.1 0 61 5.7 -2.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 41 5.5 -2.3
FLAX Franklin FTSE Asia Ex Japan ETF 0.1 19 42 8.9 +1.1
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 46 9.9 +2.0
AVIV Avantis International Large Cap Value ETF 0.1 25 36 8.5 +0.6
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 54 10.3 +2.4
FAN First Trust Global Wind Energy ETF 0.1 60 1 4.6 -3.3
SCHF Schwab International Equity ETF 0.1 6 55 7.2 -0.7
AVSD Avantis Responsible International Equity ETF 0.1 23 38 5.6 -2.3
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 25 9.5 +1.6
VEA Vanguard FTSE Developed Markets ETF 0.1 3 58 7.1 -0.8
DEHP Dimensional Emerging Markets High Profitability ETF 0.1 41 20 6.5 -1.4
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 4 57 7.9 +0.1
IEFA iShares Core MSCI EAFE ETF 0.1 7 54 6.9 -1.0
DFAI Dimensional International Core Equity Market ETF 0.1 18 43 7.0 -0.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 52 5.6 -2.3
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 41 6.8 -1.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.1 18 43 7.8 -0.1
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.1 30 31 9.0 +1.1
JHEM John Hancock Multifactor Emerging Markets ETF 0.1 49 12 9.9 +2.0
AVSE Avantis Responsible Emerging Markets Equity ETF 0.1 33 28 8.2 +0.3
VXUS Vanguard Total International Stock ETF 0.1 5 56 7.7 -0.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 58 6.9 -1.0
SCHC Schwab International Small-Cap Equity ETF 0.1 11 50 6.5 -1.4
IDEV iShares Core MSCI International Developed Markets ETF 0.1 4 57 6.9 -1.0
IXUS iShares Core MSCI Total International Stock ETF 0.1 7 54 7.7 -0.1
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 41 7.0 -0.9
BKIE BNY Mellon International Equity ETF 0.1 4 57 7.0 -0.9
FLGR Franklin FTSE Germany ETF 0.1 9 52 7.2 -0.7
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 46 7.6 -0.3
BRAZ Global X Brazil Active ETF 0.1 75 -14 12.3 +4.4
DINT Davis Select International ETF 0.1 55 6 7.8 -0.1
RODE Hartford Multifactor Diversified International ETF 0.1 29 32 11.4 +3.5
CGDG Capital Group Dividend Growers ETF 0.1 47 14 6.2 -1.7
EDOG ALPS Emerging Sector Dividend Dogs ETF 0.1 60 1 10.4 +2.5
HAP VanEck Natural Resources ETF 0.1 50 11 9.3 +1.4
SLX VanEck Steel ETF 0.1 56 5 14.7 +6.9
GNR SPDR S&P Global Natural Resources ETF 0.1 40 21 10.8 +2.9
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.1 80 -19 9.3 +1.4
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 53 6.0 -1.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 44 5.5 -2.4
PRNT 3D Printing ETF 0.1 66 -5 1.3 -6.6
DFIC Dimensional International Core Equity 2 ETF 0.1 23 38 7.3 -0.6
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 49 6.5 -1.4
GMF SPDR S&P Emerging Asia Pacific ETF 0.1 49 12 9.2 +1.3
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 19 6.4 -1.5
SNPV Xtrackers S&P 500 Value ESG ETF 0.1 15 46 6.7 -1.2
ISMD Inspire Small/Mid Cap ETF 0.1 54 7 5.5 -2.3
VFVA Vanguard U.S. Value Factor ETF 0.1 13 48 10.9 +3.0
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -4 7.6 -0.2
EEMA iShares MSCI Emerging Markets Asia ETF 0.1 49 12 9.8 +2.0
VWO Vanguard FTSE Emerging Markets ETF 0.1 7 54 9.9 +2.0
DFSU Dimensional US Sustainability Core 1 ETF 0.1 18 43 5.3 -2.6
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 37 6.3 -1.6
PTL Inspire 500 ETF 0.1 9 52 5.1 -2.7
FBCG Fidelity Blue Chip Growth ETF 0.1 59 2 2.8 -5.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -5 9.2 +1.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 2 8.6 +0.7
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.1 70 -9 8.9 +1.1
IWD iShares Russell 1000 Value ETF 0.1 19 42 6.4 -1.5
VONV Vanguard Russell 1000 Value ETF 0.1 7 54 6.5 -1.4
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.1 30 31 10.0 +2.2
EEM iShares MSCI Emerging Markets ETF 0.1 69 -8 9.9 +2.1
IUS Invesco RAFI Strategic US ETF 0.1 19 42 6.8 -1.1
MCHI iShares MSCI China ETF 0.1 59 2 16.5 +8.7
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.1 5 56 8.0 +0.1
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 36 7.2 -0.7
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 52 10.1 +2.3
DGRO iShares Core Dividend Growth ETF 0.1 8 53 6.5 -1.3
JHMD John Hancock Multifactor Developed International ETF 0.1 39 22 7.5 -0.4
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 36 9.7 +1.8
AVUS Avantis U.S. Equity ETF 0.1 15 46 5.7 -2.2
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 36 5.6 -2.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 22 6.6 -1.3
DXUV Dimensional US Vector Equity ETF 0.0 28 33 6.2 -1.7
DFUV Dimensional US Marketwide Value ETF 0.0 22 39 7.5 -0.4
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 49 7.4 -0.5
VT Vanguard Total World Stock ETF 0.0 6 55 5.8 -2.1
WOMN Impact Shares YWCA Women's Empowerment ETF 0.0 75 -14 5.4 -2.5
VYM Vanguard High Dividend Yield Index ETF 0.0 6 55 7.0 -0.9
VIG Vanguard Dividend Appreciation ETF 0.0 5 56 5.5 -2.4
DXJ WisdomTree Japan Hedged Equity Fund 0.0 48 13 7.3 -0.6
SHUS Syntax Stratified U.S. Total Market Hedged ETF 0.0 65 -4 6.4 -1.5
SSPY Syntax Stratified LargeCap ETF 0.0 30 31 6.7 -1.2
AVSU Avantis Responsible U.S. Equity ETF 0.0 15 46 5.9 -2.0
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.0 42 19 9.4 +1.6
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.0 58 3 9.5 +1.6
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.0 9 52 4.2 -3.7
FLKR Franklin FTSE South Korea ETF 0.0 9 52 8.6 +0.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.0 32 29 8.9 +1.0
XC WisdomTree Emerging Markets Ex-China Fund 0.0 32 29 6.2 -1.7
EMXC iShares MSCI Emerging Markets ex China ETF 0.0 25 36 7.5 -0.4
EWY iShares MSCI South Korea ETF 0.0 58 3 8.0 +0.1
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 36 7.1 -0.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.0 39 22 9.6 +1.7
PFM Invesco Dividend Achievers ETF 0.0 53 8 5.2 -2.7
IVE iShares S&P 500 Value ETF 0.0 18 43 6.2 -1.7
SPYV SPDR Portfolio S&P 500 Value ETF 0.0 4 57 6.3 -1.6
VOOV Vanguard S&P 500 Value ETF 0.0 7 54 6.3 -1.6
DCOR Dimensional US Core Equity 1 ETF 0.0 14 47 5.3 -2.6
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 57 6.7 -1.2
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 22 6.7 -1.2
IUSV iShares Core S&P US Value ETF 0.0 4 57 6.5 -1.4
BKF iShares MSCI BIC ETF 0.0 69 -8 13.1 +5.2
VTI Vanguard Total Stock Market ETF 0.0 3 58 4.8 -3.1
VIS Vanguard Industrials ETF 0.0 9 52 4.5 -3.3
RWL Invesco S&P 500 Revenue ETF 0.0 39 22 6.8 -1.1
DTH WisdomTree International High Dividend Fund 0.0 58 3 8.3 +0.4
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 46 4.6 -3.3
JHML John Hancock Multifactor Large Cap ETF 0.0 29 32 5.3 -2.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 41 5.0 -2.9
SNPE Xtrackers S&P 500 ESG ETF 0.0 10 51 5.0 -2.8
SPXT ProShares S&P 500 Ex-Technology ETF 0.0 9 52 5.5 -2.4
XCEM Columbia EM Core ex-China ETF 0.0 16 45 8.1 +0.2
STXG Strive 1000 Growth ETF 0.0 18 43 3.8 -4.1
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 45 16 7.0 -0.9
IWB iShares Russell 1000 ETF 0.0 15 46 4.8 -3.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 49 4.5 -3.4
DSI iShares MSCI KLD 400 Social ETF 0.0 25 36 4.8 -3.1
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.0 45 16 4.4 -3.5
VONE Vanguard Russell 1000 ETF 0.0 7 54 4.8 -3.0
SCHB Schwab U.S. Broad Market ETF 0.0 3 58 4.9 -2.9
DFAU Dimensional US Core Equity Market ETF 0.0 12 49 5.0 -2.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 58 4.8 -3.1
IWV iShares Russell 3000 ETF 0.0 20 41 4.7 -3.2
VTHR Vanguard Russell 3000 ETF 0.0 7 54 4.8 -3.1
SCHE Schwab Emerging Markets Equity ETF 0.0 11 50 10.6 +2.8
NACP Impact Shares NAACP Minority Empowerment ETF 0.0 49 12 4.7 -3.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 16 8.7 +0.8
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 36 9.4 +1.5
DFUS Dimensional U.S. Equity ETF 0.0 9 52 4.7 -3.1
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.0 3 58 5.1 -2.8
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 41 7.0 -0.9
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.0 70 -9 7.5 -0.3
IEUR iShares Core MSCI Europe ETF 0.0 11 50 7.4 -0.5
SPEU SPDR Portfolio Europe ETF 0.0 7 54 7.4 -0.5
CATH Global X S&P 500 Catholic Values Custom ETF 0.0 29 32 4.6 -3.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 59 4.8 -3.0
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 42 6.3 -1.6
SPXE ProShares S&P 500 Ex-Energy ETF 0.0 9 52 4.7 -3.2
SPXN ProShares S&P 500 Ex-Financials ETF 0.0 9 52 4.8 -3.1
SPXV ProShares S&P 500 Ex-Health Care ETF 0.0 9 52 4.6 -3.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 50 4.8 -3.1
DIVB iShares Core Dividend ETF 0.0 5 56 8.2 +0.3
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 20 7.4 -0.5
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 19 5.3 -2.5
JPIN J.P. Morgan Diversified Return International Equity ETF 0.0 37 24 8.2 +0.3
VGK Vanguard FTSE Europe ETF 0.0 6 55 7.5 -0.4
ACWX iShares MSCI ACWI ex U.S. ETF 0.0 34 27 7.6 -0.3
QVML Invesco S&P 500 QVM Multi-factor ETF 0.0 11 50 5.1 -2.8
XVV iShares ESG Screened S&P 500 ETF 0.0 8 53 4.7 -3.2
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 52 4.6 -3.2
IVV iShares Core S&P 500 ETF 0.0 3 58 4.9 -3.0
SPLG SPDR Portfolio S&P 500 ETF 0.0 2 59 4.9 -3.0
SPY SPDR S&P 500 ETF Trust 0.0 9 52 4.8 -3.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.0 20 41 4.6 -3.3
VOO Vanguard S&P 500 ETF 0.0 3 58 4.9 -3.0
SCHK Schwab 1000 Index ETF 0.0 5 56 4.9 -3.0
SCHX Schwab U.S. Large-Cap ETF 0.0 3 58 4.9 -3.0
IYY iShares Dow Jones U.S. ETF 0.0 20 41 4.7 -3.1
DSPY Tema S&P 500 Historical Weight ETF 0.0 18 43 5.1 -2.8
VYMI Vanguard International High Dividend Yield ETF 0.0 17 44 9.4 +1.6
ACVF American Conservative Values ETF 0.0 75 -14 4.3 -3.5
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 44 7.1 -0.8
HKND Humankind US Stock ETF 0.0 11 50 7.1 -0.8
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 52 5.1 -2.7
FLEE Franklin FTSE Europe ETF 0.0 9 52 7.2 -0.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 21 7.4 -0.5
ACWI iShares MSCI ACWI ETF 0.0 32 29 5.5 -2.4
GSPY Gotham Enhanced 500 ETF 0.0 50 11 5.2 -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%.

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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:		 USCF Sustainable Battery Metals Strategy Fund
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 10.9 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 61 bp
Equals: ALTAR Score 7.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.70 CATEGORY
AVERAGE		 1.58
 
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.