USCF Sustainable Battery Metals Strategy Fund
ALTAR
Score™		 17.4% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 49.4x P/Sales
ratio		 0.9x
P/BV
ratio		 1.1x Div.
yield		 4.1%


  • 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) $582
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
SGL CARBON SE 2.4 %
ELKEM ASA 1.6 %
LYNAS CORPORATION LIMITED 1.5 %
MP MATERIALS CORP CLASS A 1.3 %
NIPPON CARBON CO LTD 1.3 %
ALBEMARLE CORP 1.1 %
GRAFTECH INTERNATIONAL LTD. 1.1 %
WACKER CHEMIE AG 1.0 %
SINOFIBERS TECHNOLOGY CO., LTD. CL 1.0 %
QUIMICA Y MINERA CHIL-SP ADR 1.0 %
Total 13.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 4.5 %
GERMANY 3.4 %
CHINA 3.3 %
AUSTRALIA 2.1 %
JAPAN 1.8 %
NORWAY 1.6 %
CHILE 1.0 %
FRANCE 0.7 %
BRAZIL 0.1 %
SOUTH KOREA 0.0 %

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.
-1.5% -14.9% -- -- -26.0%

Market Correlations
versus... Beta R-squared
S&P500 0.19 2%
MSCI EAFE 0.32 8%
MSCI Emg. Mkts. 0.58 21%

Technical Indicators
Recent close $14.70
30d moving avg. $14.00
Annualized volatility 16.1%
Short interest (ETF) 0.2%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 14
Turnover 11.2%
Bid/Ask (% of price) 0.73%
ADV underlying (mns) $742

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 338 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™: 17.4%


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
(%)
DMAT Global X Disruptive Materials ETF 7.1 59 2 9.2 -8.2
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 6.6 85 -24 8.0 -9.4
REMX VanEck Rare Earth/Strategic Metals ETF 6.6 54 7 5.6 -11.8
SETM Sprott Energy Transition Materials ETF 6.4 65 -4 4.7 -12.7
GMET VanEck Green Metals ETF 5.0 63 -2 10.8 -6.6
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 4.7 72 -11 -1.2 -18.5
BATT Amplify Lithium & Battery Technology ETF 4.3 59 2 3.8 -13.6
LIMI Themes Lithium & Battery Metal Miners ETF 3.5 35 26 0.0 -17.4
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 3.4 58 3 -3.5 -20.9
PBW Invesco WilderHill Clean Energy ETF 3.4 66 -5 -6.0 -23.3
LIT Global X Lithium & Battery Tech ETF 3.2 75 -14 5.9 -11.4
LITP Sprott Lithium Miners ETF 2.9 65 -4 4.8 -12.6
DRIV Global X Autonomous & Electric Vehicles ETF 2.7 68 -7 6.8 -10.6
ION ProShares S&P Global Core Battery Metals ETF 2.7 58 3 11.2 -6.2
ILIT iShares Lithium Miners and Producers ETF 2.6 47 14 7.0 -10.3
WBAT WisdomTree Battery Value Chain and Innovation Fund 2.6 45 16 0.0 -17.4
CARZ First Trust NASDAQ Global Auto Index Fund 2.5 70 -9 6.0 -11.4
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 2.5 60 1 6.4 -11.0
PBD Invesco Global Clean Energy ETF 2.4 75 -14 0.4 -17.0
FXZ First Trust Materials AlphaDEX Fund 2.2 61 0 11.0 -6.4
IDRV iShares Self-driving EV & Tech ETF 1.9 47 14 2.5 -14.9
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.9 39 22 -1.1 -18.5
IYM iShares U.S. Basic Materials ETF 1.7 40 21 6.7 -10.7
PICK iShares MSCI Global Metals & Mining Producers ETF 1.4 39 22 14.1 -3.3
SAMT Strategas Macro Thematic Opportunities ETF 1.3 65 -4 3.5 -13.9
VCLN Virtus Duff & Phelps Clean Energy ETF 1.3 59 2 6.2 -11.2
PSCM Invesco S&P SmallCap Materials ETF 1.3 29 32 13.9 -3.5
XME SPDR S&P Metals & Mining ETF 1.3 35 26 10.3 -7.1
NIXT Research Affiliates Deletions ETF 1.2 9 52 3.8 -13.6
CVAR Cultivar ETF 1.2 87 -26 6.1 -11.3
EV Mast Global Battery Recycling & Production ETF 1.2 65 -4 11.6 -5.8
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.1 35 26 5.7 -11.6
ACES ALPS Clean Energy ETF 1.1 55 6 -4.2 -21.5
RSPM Invesco S&P 500 Equal Weight Materials ETF 1.1 40 21 7.8 -9.6
SPHB Invesco S&P 500 High Beta ETF 1.1 25 36 5.3 -12.1
ILF iShares Latin America 40 ETF 1.0 48 13 13.5 -3.9
CCNR ALPS CoreCommodity Natural Resources ETF 1.0 39 22 11.0 -6.4
FMAT Fidelity MSCI Materials Index ETF 1.0 8 53 6.5 -10.9
FTAG First Trust Indxx Global Agriculture ETF 1.0 70 -9 8.1 -9.3
MXI iShares Global Materials ETF 0.9 41 20 8.0 -9.3
VAW Vanguard Materials ETF 0.9 10 51 6.4 -11.0
XLB Materials Select Sector SPDR Fund 0.9 8 53 6.2 -11.2
ARB AltShares Merger Arbitrage ETF 0.8 77 -16 4.0 -13.4
FLAU Franklin FTSE Australia ETF 0.7 9 52 6.4 -11.0
NIKL Sprott Nickel Miners ETF 0.7 75 -14 15.7 -1.6
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 0.7 60 1 5.3 -12.1
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.7 15 46 5.9 -11.5
OBOR KraneShares MSCI One Belt One Road Index ETF 0.6 79 -18 7.7 -9.7
EQAL Invesco Russell 1000 Equal Weight ETF 0.6 20 41 6.6 -10.8
GSFP Goldman Sachs Future Planet Equity ETF 0.6 75 -14 4.8 -12.6
CCSO Carbon Collective Climate Solutions US Equity ETF 0.5 35 26 1.9 -15.5
SCZ iShares MSCI EAFE Small-Cap ETF 0.5 40 21 7.4 -10.0
SDY SPDR S&P Dividend ETF 0.5 35 26 6.2 -11.2
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.5 15 46 5.8 -11.5
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 0.4 65 -4 7.9 -9.5
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.4 65 -4 4.4 -13.0
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.4 20 41 7.8 -9.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 12 7.3 -10.0
NORW Global X MSCI Norway ETF 0.4 50 11 10.2 -7.2
RAYC Rayliant Quantamental China Equity ETF 0.4 80 -19 9.0 -8.3
ENOR iShares MSCI Norway ETF 0.4 53 8 10.2 -7.2
DISV Dimensional International Small Cap Value ETF 0.4 42 19 9.7 -7.7
KALL KraneShares MSCI All China Index ETF 0.4 49 12 15.3 -2.1
DTAN Sparkline International Intangible Value ETF 0.3 55 6 7.2 -10.2
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.3 95 -34 0.7 -16.7
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.3 15 46 7.3 -10.1
CGDV Capital Group Dividend Value ETF 0.3 33 28 4.9 -12.5
IJS iShares S&P Small-Cap 600 Value ETF 0.3 18 43 9.4 -8.0
XJR iShares ESG Screened S&P Small-Cap ETF 0.3 12 49 6.6 -10.8
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 22 6.3 -11.1
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.3 15 46 9.3 -8.1
SLYV SPDR S&P 600 Small Cap Value ETF 0.3 15 46 9.5 -7.9
DFIS Dimensional International Small Cap ETF 0.3 39 22 7.9 -9.5
IJR iShares Core S&P Small Cap ETF 0.3 6 55 7.3 -10.1
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 57 6.1 -11.3
STXM Strive Mid-Cap ETF 0.3 18 43 3.6 -13.8
VIOO Vanguard S&P Small-Cap 600 ETF 0.3 10 51 7.2 -10.2
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.3 3 58 7.4 -10.0
VBR Vanguard Small Cap Value ETF 0.3 7 54 8.5 -8.9
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.3 19 42 6.3 -11.1
BIBL Inspire 100 ETF 0.3 35 26 4.7 -12.7
CGGR Capital Group Growth ETF 0.3 39 22 3.7 -13.7
ISCF iShares International SmallCap Equity Factor ETF 0.2 23 38 8.6 -8.8
DFAS Dimensional U.S. Small Cap ETF 0.2 26 35 6.9 -10.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 22 4.0 -13.4
NANR SPDR S&P North American Natural Resources ETF 0.2 35 26 8.4 -9.0
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.2 32 29 17.8 +0.4
IJT iShares S&P Small-Cap 600 Growth ETF 0.2 18 43 5.1 -12.3
IEUS iShares MSCI Europe Small-Cap ETF 0.2 42 19 7.2 -10.2
XT iShares Exponential Technologies ETF 0.2 46 15 5.5 -11.9
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.2 15 46 5.3 -12.1
SLYG SPDR S&P 600 Small Cap Growth ETF 0.2 15 46 5.1 -12.3
SAGP Strategas Global Policy Opportunities ETF 0.2 65 -4 5.3 -12.1
COPY Tweedy, Browne Insider + Value ETF 0.2 80 -19 12.6 -4.8
CNYA iShares MSCI China A ETF 0.2 60 1 7.2 -10.2
SCHM Schwab U.S. Mid-Cap ETF 0.2 4 57 6.7 -10.7
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.2 29 32 7.4 -10.0
VB Vanguard Small-Cap ETF 0.2 5 56 5.7 -11.7
BLES Inspire Global Hope ETF 0.2 61 0 6.8 -10.5
ROAM Hartford Multifactor Emerging Markets ETF 0.2 44 17 11.3 -6.1
AVEM Avantis Emerging Markets Equity ETF 0.2 33 28 9.7 -7.7
VPL Vanguard FTSE Pacific ETF 0.2 8 53 7.7 -9.7
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 36 6.6 -10.8
ECNS iShares MSCI China Small-Cap ETF 0.2 59 2 10.8 -6.6
DEHP Dimensional Emerging Markets High Profitability ETF 0.2 41 20 6.5 -10.8
GWX SPDR S&P International Small Cap ETF 0.2 40 21 6.7 -10.7
DFAE Dimensional Emerging Core Equity Market ETF 0.2 35 26 10.2 -7.2
IMCV iShares Morningstar Mid-Cap Value ETF 0.2 6 55 7.9 -9.5
AVDV Avantis International Small Cap Value ETF 0.2 36 25 10.9 -6.4
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 52 6.0 -11.4
BKSE BNY Mellon US Small Cap Core Equity ETF 0.2 4 57 5.9 -11.5
STXK Strive Small-Cap ETF 0.2 18 43 5.5 -11.9
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 41 6.3 -11.0
IPAC iShares Core MSCI Pacific ETF 0.2 9 52 7.1 -10.3
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.2 41 20 9.4 -8.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.2 38 23 9.9 -7.4
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 47 5.2 -12.2
IWS iShares Russell Mid-Cap Value ETF 0.1 23 38 6.5 -10.9
CRTC Xtrackers US National Critical Technologies ETF 0.1 35 26 5.3 -12.1
PKW Invesco Buyback Achievers ETF 0.1 62 -1 8.0 -9.4
SIZE iShares MSCI USA Size Factor ETF 0.1 15 46 5.8 -11.6
ONEY SPDR Russell 1000 Yield Focus ETF 0.1 20 41 9.1 -8.3
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 36 6.6 -10.8
FLCH Franklin FTSE China ETF 0.1 19 42 17.2 -0.2
VBK Vanguard Small-Cap Growth ETF 0.1 7 54 1.7 -15.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.1 30 31 8.6 -8.8
SCHA Schwab U.S. Small-Cap ETF 0.1 4 57 5.3 -12.1
IGE iShares North American Natural Resources ETF 0.1 41 20 7.7 -9.7
DFJ WisdomTree Japan SmallCap Dividend Fund 0.1 58 3 8.3 -9.0
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.1 58 3 7.7 -9.7
AVES Avantis Emerging Markets Value ETF 0.1 36 25 12.2 -5.2
CWI SPDR MSCI ACWI ex-US ETF 0.1 30 31 8.2 -9.2
PRNT 3D Printing ETF 0.1 66 -5 1.5 -15.9
ISCG iShares Morningstar Small-Cap Growth ETF 0.1 6 55 2.7 -14.6
DFEV Dimensional Emerging Markets Value ETF 0.1 43 18 14.5 -2.9
IWR iShares Russell Midcap ETF 0.1 19 42 5.8 -11.6
ISMD Inspire Small/Mid Cap ETF 0.1 54 7 4.7 -12.7
VFVA Vanguard U.S. Value Factor ETF 0.1 13 48 11.7 -5.7
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 28 10.6 -6.8
FAN First Trust Global Wind Energy ETF 0.1 60 1 5.3 -12.1
KOMP SPDR S&P Kensho New Economies Composite ETF 0.1 20 41 3.7 -13.7
SCHC Schwab International Small-Cap Equity ETF 0.1 11 50 7.1 -10.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 22 8.3 -9.0
VSGX Vanguard ESG International Stock ETF 0.1 12 49 8.2 -9.2
IQSI IQ Candriam International Equity ETF 0.1 15 46 6.7 -10.7
FLGR Franklin FTSE Germany ETF 0.1 9 52 6.8 -10.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 52 6.1 -11.3
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 7 54 7.0 -10.4
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 54 10.9 -6.5
IMCB iShares Morningstar Mid-Cap ETF 0.1 4 57 6.0 -11.4
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.1 30 31 9.3 -8.0
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 3 8.9 -8.5
AVDE Avantis International Equity ETF 0.1 23 38 8.0 -9.4
FLAX Franklin FTSE Asia Ex Japan ETF 0.1 19 42 10.8 -6.5
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 36 10.8 -6.6
DFAI Dimensional International Core Equity Market ETF 0.1 18 43 7.6 -9.8
SCHF Schwab International Equity ETF 0.1 6 55 7.7 -9.7
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 8 53 8.5 -8.9
GXC SPDR S&P China ETF 0.1 59 2 16.7 -0.7
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.1 5 56 7.1 -10.3
IEFA iShares Core MSCI EAFE ETF 0.1 7 54 7.4 -10.0
VEA Vanguard FTSE Developed Markets ETF 0.1 5 56 7.6 -9.8
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 50 11.8 -5.6
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 25 11.2 -6.2
JHEM John Hancock Multifactor Emerging Markets ETF 0.1 49 12 10.5 -6.9
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 46 10.8 -6.6
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.1 17 44 5.7 -11.7
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 19 6.5 -10.9
DINT Davis Select International ETF 0.1 55 6 8.3 -9.1
RODE Hartford Multifactor Diversified International ETF 0.1 29 32 9.9 -7.5
CGDG Capital Group Dividend Growers ETF 0.1 47 14 6.3 -11.1
EDOG ALPS Emerging Sector Dividend Dogs ETF 0.1 60 1 11.0 -6.4
HAP VanEck Natural Resources ETF 0.1 50 11 10.0 -7.3
SLX VanEck Steel ETF 0.1 56 5 17.7 +0.4
BRAZ Global X Brazil Active ETF 0.1 75 -14 13.1 -4.3
GNR SPDR S&P Global Natural Resources ETF 0.1 40 21 11.4 -6.0
ECOW Pacer Emerging Markets Cash Cows 100 ETF 0.1 70 -9 15.8 -1.6
UMMA Wahed Dow Jones Islamic World ETF 0.1 65 -4 5.3 -12.1
APIE ActivePassive International Equity ETF 0.1 45 16 7.7 -9.7
LIVR Intelligent Livermore ETF 0.1 69 -8 8.2 -9.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 58 7.5 -9.9
VXUS Vanguard Total International Stock ETF 0.1 7 54 8.3 -9.1
IXUS iShares Core MSCI Total International Stock ETF 0.1 7 54 8.3 -9.1
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -4 8.1 -9.3
SMMD iShares Russell 2500 ETF 0.1 15 46 6.2 -11.2
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.1 7 54 6.2 -11.2
SNPV Xtrackers S&P 500 Value ESG ETF 0.1 15 46 5.4 -12.0
PTL Inspire 500 ETF 0.1 9 52 5.4 -12.0
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.1 60 1 4.7 -12.7
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.1 9 52 4.0 -13.4
AVIV Avantis International Large Cap Value ETF 0.1 25 36 9.3 -8.1
FBCG Fidelity Blue Chip Growth ETF 0.1 59 2 3.4 -14.0
IDEV iShares Core MSCI International Developed Markets ETF 0.1 4 57 7.4 -10.0
AVSD Avantis Responsible International Equity ETF 0.1 23 38 6.8 -10.6
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 46 8.6 -8.8
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -5 10.2 -7.2
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 41 7.4 -10.0
GMF SPDR S&P Emerging Asia Pacific ETF 0.1 49 12 10.0 -7.4
STXV Strive 1000 Value ETF 0.1 18 43 7.5 -9.9
ISCB iShares Morningstar Small-Cap ETF 0.1 4 57 5.6 -11.8
DFUV Dimensional US Marketwide Value ETF 0.1 22 39 8.1 -9.3
DFIC Dimensional International Core Equity 2 ETF 0.1 23 38 7.9 -9.4
EEMA iShares MSCI Emerging Markets Asia ETF 0.1 49 12 10.7 -6.7
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.1 70 -9 9.8 -7.6
VXF Vanguard Extended Market ETF 0.1 6 55 4.5 -12.9
IWD iShares Russell 1000 Value ETF 0.1 19 42 6.5 -10.9
VONV Vanguard Russell 1000 Value ETF 0.1 8 53 6.6 -10.8
BKIE BNY Mellon International Equity ETF 0.1 4 57 7.3 -10.1
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 41 7.1 -10.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 36 5.9 -11.5
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 2 13.7 -3.7
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.1 30 31 10.6 -6.8
EEM iShares MSCI Emerging Markets ETF 0.0 69 -8 10.7 -6.7
IEMG iShares Core MSCI Emerging Markets ETF 0.0 9 52 10.9 -6.5
VWO Vanguard FTSE Emerging Markets ETF 0.0 8 53 10.9 -6.5
VIG Vanguard Dividend Appreciation ETF 0.0 6 55 6.0 -11.4
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 37 6.6 -10.8
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 49 7.2 -10.2
WOMN Impact Shares YWCA Women's Empowerment ETF 0.0 75 -14 5.2 -12.2
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 49 6.5 -10.8
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 45 16 6.6 -10.8
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.0 18 43 8.1 -9.3
DXJ WisdomTree Japan Hedged Equity Fund 0.0 48 13 8.4 -9.0
SHUS Syntax Stratified U.S. Total Market Hedged ETF 0.0 65 -4 5.4 -12.0
SSPY Syntax Stratified LargeCap ETF 0.0 30 31 6.6 -10.8
PFM Invesco Dividend Achievers ETF 0.0 53 8 5.3 -12.1
FLKR Franklin FTSE South Korea ETF 0.0 9 52 11.2 -6.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.0 32 29 9.6 -7.8
XC WisdomTree Emerging Markets Ex-China Fund 0.0 32 29 5.5 -11.9
EMXC iShares MSCI Emerging Markets ex China ETF 0.0 25 36 8.0 -9.4
EWY iShares MSCI South Korea ETF 0.0 58 3 10.5 -6.9
DFAT Dimensional U.S. Targeted Value ETF 0.0 28 33 10.0 -7.4
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 44 6.0 -11.4
IUS Invesco RAFI Strategic US ETF 0.0 19 42 7.1 -10.3
HLAL Wahed FTSE USA Shariah ETF 0.0 50 11 5.2 -12.2
VT Vanguard Total World Stock ETF 0.0 7 54 6.3 -11.1
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 36 7.3 -10.1
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 57 6.8 -10.6
IVE iShares S&P 500 Value ETF 0.0 18 43 6.2 -11.2
SPYV SPDR Portfolio S&P 500 Value ETF 0.0 4 57 6.4 -11.0
VOOV Vanguard S&P 500 Value ETF 0.0 10 51 6.3 -11.1
ILCV iShares Morningstar Value ETF 0.0 4 57 6.7 -10.7
DGRO iShares Core Dividend Growth ETF 0.0 8 53 6.6 -10.8
DSI iShares MSCI KLD 400 Social ETF 0.0 25 36 5.2 -12.2
IUSV iShares Core S&P US Value ETF 0.0 4 57 6.5 -10.9
SHE SPDR MSCI USA Gender Diversity ETF 0.0 20 41 5.2 -12.2
DTH WisdomTree International High Dividend Fund 0.0 58 3 9.1 -8.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 46 4.3 -13.1
JHML John Hancock Multifactor Large Cap ETF 0.0 29 32 5.6 -11.8
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 41 5.3 -12.1
SNPE Xtrackers S&P 500 ESG ETF 0.0 10 51 5.4 -12.0
SPXT ProShares S&P 500 Ex-Technology ETF 0.0 9 52 5.6 -11.8
AVSU Avantis Responsible U.S. Equity ETF 0.0 15 46 6.4 -11.0
JHMD John Hancock Multifactor Developed International ETF 0.0 39 22 7.8 -9.6
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.0 58 3 10.1 -7.3
XCEM Columbia EM Core ex-China ETF 0.0 16 45 8.5 -8.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 22 7.0 -10.4
AVUS Avantis U.S. Equity ETF 0.0 15 46 6.3 -11.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.0 20 41 5.5 -11.9
MCHI iShares MSCI China ETF 0.0 59 2 17.8 +0.5
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.0 39 22 9.8 -7.6
RWL Invesco S&P 500 Revenue ETF 0.0 39 22 7.0 -10.4
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.0 45 16 4.9 -12.5
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 52 5.0 -12.4
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 36 7.4 -10.0
SPEU SPDR Portfolio Europe ETF 0.0 7 54 7.5 -9.9
IEUR iShares Core MSCI Europe ETF 0.0 11 50 7.4 -10.0
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 22 7.0 -10.4
XMAG Defiance Large Cap ex-Mag 7 ETF 0.0 35 26 4.6 -12.8
VGK Vanguard FTSE Europe ETF 0.0 11 50 7.5 -9.9
IWB iShares Russell 1000 ETF 0.0 15 46 5.2 -12.2
VONE Vanguard Russell 1000 ETF 0.0 8 53 5.3 -12.1
VTHR Vanguard Russell 3000 ETF 0.0 10 51 5.2 -12.2
SCHB Schwab U.S. Broad Market ETF 0.0 3 58 5.3 -12.1
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.0 70 -9 7.8 -9.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 58 5.2 -12.2
IWV iShares Russell 3000 ETF 0.0 20 41 5.0 -12.3
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 43 5.8 -11.6
ACWX iShares MSCI ACWI ex U.S. ETF 0.0 34 27 8.1 -9.2
VTI Vanguard Total Stock Market ETF 0.0 3 58 5.2 -12.2
SCHE Schwab Emerging Markets Equity ETF 0.0 11 50 11.6 -5.8
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.0 3 58 5.5 -11.9
NACP Impact Shares NAACP Minority Empowerment ETF 0.0 49 12 4.9 -12.4
IWO iShares Russell 2000 Growth ETF 0.0 24 37 1.5 -15.9
VTWG Vanguard Russell 2000 Growth ETF 0.0 15 46 1.5 -15.9
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 16 9.3 -8.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.0 12 49 5.1 -12.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 59 5.3 -12.1
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 42 6.5 -10.9
SPXE ProShares S&P 500 Ex-Energy ETF 0.0 9 52 4.7 -12.7
SPXN ProShares S&P 500 Ex-Financials ETF 0.0 9 52 5.0 -12.4
SPXV ProShares S&P 500 Ex-Health Care ETF 0.0 9 52 4.4 -13.0
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 50 5.2 -12.2
CATH Global X S&P 500 Catholic Values Custom ETF 0.0 29 32 5.1 -12.3
XVV iShares ESG Screened S&P 500 ETF 0.0 8 53 5.1 -12.2
SPY SPDR S&P 500 ETF Trust 0.0 9 52 5.2 -12.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.0 20 41 5.0 -12.3
VOO Vanguard S&P 500 ETF 0.0 3 58 5.3 -12.1
PBUS Invesco MSCI USA ETF 0.0 4 57 5.2 -12.2
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 58 5.2 -12.1
IVV iShares Core S&P 500 ETF 0.0 3 58 5.3 -12.1
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 46 5.8 -11.6
SPLG SPDR Portfolio S&P 500 ETF 0.0 2 59 5.3 -12.0
SCHK Schwab 1000 Index ETF 0.0 5 56 5.3 -12.0
SCHX Schwab U.S. Large-Cap ETF 0.0 3 58 5.3 -12.0
IYY iShares Dow Jones U.S. ETF 0.0 20 41 5.1 -12.3
DCOR Dimensional US Core Equity 1 ETF 0.0 14 47 5.8 -11.5
ACWI iShares MSCI ACWI ETF 0.0 32 29 6.0 -11.4
BKF iShares MSCI BIC ETF 0.0 69 -8 13.0 -4.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.0 20 41 6.0 -11.4
DFUS Dimensional U.S. Equity ETF 0.0 9 52 5.3 -12.1
DFAU Dimensional US Core Equity Market ETF 0.0 12 49 5.5 -11.9
TOK iShares MSCI Kokusai ETF 0.0 26 35 5.2 -12.2
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 41 6.8 -10.6
VYMI Vanguard International High Dividend Yield ETF 0.0 22 39 10.0 -7.4
URTH iShares MSCI World ETF 0.0 24 37 5.5 -11.9
IWM iShares Russell 2000 ETF 0.0 19 42 3.6 -13.7
VTWO Vanguard Russell 2000 ETF 0.0 10 51 3.8 -13.6
STXG Strive 1000 Growth ETF 0.0 18 43 4.2 -13.2
ACVF American Conservative Values ETF 0.0 75 -14 4.5 -12.9
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 44 6.9 -10.5
HKND Humankind US Stock ETF 0.0 11 50 7.5 -9.9
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 52 5.5 -11.9
RSSL Global X Russell 2000 ETF 0.0 8 53 3.6 -13.8
FLEE Franklin FTSE Europe ETF 0.0 9 52 7.0 -10.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 20 7.1 -10.3
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 19 5.4 -12.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 21 7.5 -9.8
JPIN J.P. Morgan Diversified Return International Equity ETF 0.0 37 24 8.9 -8.5
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 31 5.9 -11.4
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 36 10.1 -7.3
SFY SoFi Select 500 ETF 0.0 0 61 4.8 -12.6
INRO iShares U.S. Industry Rotation Active ETF 0.0 42 19 4.1 -13.3
GSPY Gotham Enhanced 500 ETF 0.0 50 11 5.5 -11.9
VIS Vanguard Industrials ETF 0.0 10 51 4.9 -12.4
IWN iShares Russell 2000 Value ETF 0.0 24 37 5.8 -11.6
VTWV Vanguard Russell 2000 Value ETF 0.0 15 46 5.9 -11.5
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 49 4.5 -12.9

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 19.2 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 61 bp
Equals: ALTAR Score 17.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.61 CATEGORY
AVERAGE		 1.55
 
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.