USCF Sustainable Battery Metals Strategy Fund
ALTAR
Score™		 18.6% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 18.2x P/Sales
ratio		 1.2x
P/BV
ratio		 1.3x Div.
yield		 2.4%


  • 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) $1
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 41
Wgt avg mkt cap (mns) $643
Large cap (>$10bn) 14.0%
Mid cap ($2-10bn) 41.4%
Small cap (<$2bn) 40.2%
Developed mkts 66.1%
Emerging mkts 33.9%

TOP TEN HOLDINGS
SGL CARBON SE 3.1 %
NIPPON CARBON CO LTD 1.3 %
ALBEMARLE CORP 1.3 %
LYNAS CORPORATION LIMITED 1.2 %
JINDUICHENG MOLYBDENUM CO., LTD. C 1.1 %
QUIMICA Y MINERA CHIL-SP ADR 1.1 %
SHANGHAI PUTAILAI NEW ENERGY TECHN 0.9 %
ERAMET 0.9 %
ELKEM ASA 0.8 %
ARCADIUM LITHIUM PLC 0.7 %
Total 12.3 %

TOP COUNTRY EXPOSURE
CHINA 4.2 %
GERMANY 3.5 %
UNITED STATES 2.7 %
AUSTRALIA 2.1 %
JAPAN 1.8 %
CHILE 1.1 %
FRANCE 0.9 %
NORWAY 0.8 %
SOUTH KOREA 0.1 %
BRAZIL 0.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-15.6% -20.2% -- -- -27.7%

Market Correlations
versus... Beta R-squared
S&P500 0.13 1%
MSCI EAFE 0.27 5%
MSCI Emg. Mkts. 0.60 20%

Technical Indicators
Recent close $13.80
30d moving avg. $14.15
Annualized volatility 17.4%
Short interest (ETF) 0.0%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 1
Turnover 1.0%
Bid/Ask (% of price) 0.73%
ADV underlying (mns) $2,178

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 406 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™: 18.6%


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 6.7 85 -24 8.6 -10.1
REMX VanEck Rare Earth/Strategic Metals ETF 6.7 54 7 13.9 -4.7
SETM Sprott Energy Transition Materials ETF 6.3 65 -4 6.0 -12.7
DMAT Global X Disruptive Materials ETF 6.0 59 2 10.5 -8.1
BATT Amplify Lithium & Battery Technology ETF 5.2 59 2 -0.1 -18.7
LIMI Themes Lithium & Battery Metal Miners ETF 5.2 35 26 4.7 -13.9
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 4.9 72 -11 1.0 -17.6
GMET VanEck Green Metals ETF 4.8 63 -2 10.7 -7.9
ION ProShares S&P Global Core Battery Metals ETF 4.6 58 3 15.5 -3.1
LIT Global X Lithium & Battery Tech ETF 4.5 75 -14 9.1 -9.5
WBAT WisdomTree Battery Value Chain and Innovation Fund 3.8 45 16 -0.6 -19.2
LITP Sprott Lithium Miners ETF 3.7 65 -4 16.9 -1.7
DRIV Global X Autonomous & Electric Vehicles ETF 3.5 68 -7 4.8 -13.8
ILIT iShares Lithium Miners and Producers ETF 3.1 47 14 12.3 -6.3
BNE Blue Horizon BNE ETF 3.0 87 -26 4.6 -14.0
PBW Invesco WilderHill Clean Energy ETF 3.0 66 -5 -13.7 -32.3
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 2.8 58 3 -3.0 -21.6
CARZ First Trust NASDAQ Global Auto Index Fund 2.4 70 -9 3.8 -14.8
PBD Invesco Global Clean Energy ETF 2.1 75 -14 -5.3 -23.9
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.9 39 22 -1.7 -20.3
IYM iShares U.S. Basic Materials ETF 1.7 40 21 6.7 -11.9
FXZ First Trust Materials AlphaDEX Fund 1.6 61 0 11.3 -7.3
PICK iShares MSCI Global Metals & Mining Producers ETF 1.6 39 22 12.8 -5.8
ACES ALPS Clean Energy ETF 1.3 55 6 -4.4 -23.0
RSPM Invesco S&P 500 Equal Weight Materials ETF 1.3 40 21 7.9 -10.7
SPHB Invesco S&P 500 High Beta ETF 1.3 25 36 3.5 -15.1
XLB Materials Select Sector SPDR Fund 1.3 9 52 6.2 -12.4
EV Mast Global Battery Recycling & Production ETF 1.3 65 -4 12.2 -6.4
MXI iShares Global Materials ETF 1.2 41 20 7.0 -11.6
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.2 35 26 5.8 -12.8
IDRV iShares Self-driving EV & Tech ETF 1.2 47 14 -0.4 -19.0
ILF iShares Latin America 40 ETF 1.1 48 13 10.4 -8.2
FMAT Fidelity MSCI Materials Index ETF 1.1 8 53 6.4 -12.2
FTAG First Trust Indxx Global Agriculture ETF 1.1 70 -9 9.7 -9.0
FRDM Freedom 100 Emerging Markets ETF 1.1 49 12 7.3 -11.3
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 1.0 60 1 7.7 -10.9
FLAU Franklin FTSE Australia ETF 1.0 9 52 5.4 -13.2
LEAD Siren DIVCON Leaders Dividend ETF 1.0 43 18 5.1 -13.5
EQRR ProShares Equities for Rising Rates ETF 1.0 35 26 7.8 -10.8
VAW Vanguard Materials ETF 0.9 10 51 6.3 -12.3
NIKL Sprott Nickel Miners ETF 0.9 75 -14 10.2 -8.4
CCNR ALPS CoreCommodity Natural Resources ETF 0.8 39 22 11.0 -7.6
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.8 65 -4 6.2 -12.4
GSFP Goldman Sachs Future Planet Equity ETF 0.7 75 -14 4.2 -14.4
SDY SPDR S&P Dividend ETF 0.7 35 26 5.9 -12.7
VCLN Virtus Duff & Phelps Clean Energy ETF 0.7 59 2 3.9 -14.8
PSCM Invesco S&P SmallCap Materials ETF 0.7 29 32 8.0 -10.7
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 0.7 60 1 5.2 -13.4
XME SPDR S&P Metals & Mining ETF 0.7 35 26 8.3 -10.4
NIXT Research Affiliates Deletions ETF 0.7 9 52 5.2 -13.4
EWA iShares MSCI Australia ETF 0.7 50 11 4.9 -13.8
FCA First Trust China AlphaDEX Fund 0.7 80 -19 16.2 -2.5
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.6 20 41 6.4 -12.3
DLS WisdomTree International SmallCap Dividend Fund 0.6 58 3 8.8 -9.8
EQAL Invesco Russell 1000 Equal Weight ETF 0.6 20 41 6.3 -12.4
NUDM Nuveen ESG International Developed Markets Equity ETF 0.5 31 30 6.7 -11.9
DMDV AAM S&P Developed Markets High Dividend Value ETF 0.5 39 22 12.1 -6.6
XT iShares Exponential Technologies ETF 0.5 46 15 4.8 -13.8
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.5 15 46 6.9 -11.7
EPP iShares MSCI Pacific ex-Japan ETF 0.5 47 14 4.9 -13.7
MVPS Amplify Thematic All-Stars ETF 0.5 49 12 2.7 -16.0
IQDE FlexShares International Quality Dividend Defensive Index ET 0.5 47 14 14.8 -3.8
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.5 19 42 5.4 -13.2
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 12 7.0 -11.6
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.5 45 16 5.7 -12.9
CCSO Carbon Collective Climate Solutions US Equity ETF 0.5 35 26 1.9 -16.7
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 0.5 58 3 9.2 -9.4
DISV Dimensional International Small Cap Value ETF 0.4 42 19 9.1 -9.5
OBOR KraneShares MSCI One Belt One Road Index ETF 0.4 79 -18 10.3 -8.3
AVIV Avantis International Large Cap Value ETF 0.4 25 36 9.0 -9.7
RPV Invesco S&P 500 Pure Value ETF 0.4 35 26 9.7 -8.9
BIBL Inspire 100 ETF 0.4 35 26 5.1 -13.6
DFIS Dimensional International Small Cap ETF 0.4 39 22 6.9 -11.7
ROAM Hartford Multifactor Emerging Markets ETF 0.4 44 17 15.8 -2.8
FGM First Trust Germany AlphaDEX Fund 0.4 80 -19 6.0 -12.6
SCZ iShares MSCI EAFE Small-Cap ETF 0.3 40 21 6.6 -12.0
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.3 42 19 8.1 -10.6
DEHP Dimensional Emerging Markets High Profitability ETF 0.3 41 20 5.0 -13.6
STXM Strive Mid-Cap ETF 0.3 18 43 6.1 -12.6
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.3 58 3 6.4 -12.3
IQDG WisdomTree International Quality Dividend Growth Fund 0.3 42 19 6.8 -11.9
AVSC Avantis U.S Small Cap Equity ETF 0.3 25 36 4.7 -13.9
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 22 7.2 -11.4
TPHD Timothy Plan High Dividend Stock ETF 0.3 52 9 5.9 -12.7
TPHE Timothy Plan High Dividend Stock Enhanced ETF 0.3 54 7 5.9 -12.7
ENOR iShares MSCI Norway ETF 0.3 53 8 7.5 -11.1
NORW Global X MSCI Norway ETF 0.3 50 11 7.6 -11.0
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.3 29 32 6.5 -12.1
CNYA iShares MSCI China A ETF 0.3 60 1 8.0 -10.6
ISCF iShares International SmallCap Equity Factor ETF 0.3 23 38 9.1 -9.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.3 39 22 4.1 -14.5
VPL Vanguard FTSE Pacific ETF 0.3 8 53 7.7 -10.9
DTAN Sparkline International Intangible Value ETF 0.3 55 6 9.2 -9.5
SCHM Schwab U.S. Mid-Cap ETF 0.3 4 57 6.0 -12.7
ERNZ TrueShares Active Yield ETF 0.3 75 -14 10.9 -7.7
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.3 32 29 6.1 -12.6
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 0.3 65 -4 7.9 -10.7
BLES Inspire Global Hope ETF 0.2 61 0 6.4 -12.2
AVDV Avantis International Small Cap Value ETF 0.2 36 25 8.1 -10.5
IEUS iShares MSCI Europe Small-Cap ETF 0.2 42 19 6.4 -12.2
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 41 6.1 -12.6
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 36 6.0 -12.6
IPAC iShares Core MSCI Pacific ETF 0.2 9 52 7.2 -11.4
DON WisdomTree U.S. MidCap Dividend Fund 0.2 38 23 7.7 -10.9
VFVA Vanguard U.S. Value Factor ETF 0.2 13 48 10.0 -8.6
HAPS Harbor Human Capital Factor US Small Cap ETF 0.2 60 1 2.4 -16.3
DFAE Dimensional Emerging Core Equity Market ETF 0.2 35 26 7.3 -11.3
BKSE BNY Mellon US Small Cap Core Equity ETF 0.2 4 57 4.8 -13.9
ECNS iShares MSCI China Small-Cap ETF 0.2 59 2 14.2 -4.5
FLCH Franklin FTSE China ETF 0.2 19 42 8.8 -9.8
IDHQ Invesco S&P International Developed High Quality ETF 0.2 29 32 6.5 -12.2
GWX SPDR S&P International Small Cap ETF 0.2 40 21 6.5 -12.1
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 52 5.7 -12.9
IJS iShares S&P Small-Cap 600 Value ETF 0.2 18 43 7.4 -11.2
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 52 5.8 -12.9
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 0.2 9 52 9.9 -8.7
ESGD iShares ESG Aware MSCI EAFE ETF 0.2 20 41 6.9 -11.7
AVUV Avantis U.S. Small Cap Value ETF 0.2 25 36 8.8 -9.8
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.2 15 46 7.4 -11.2
SLYV SPDR S&P 600 Small Cap Value ETF 0.2 15 46 7.4 -11.2
DFJ WisdomTree Japan SmallCap Dividend Fund 0.2 58 3 7.9 -10.7
AVEM Avantis Emerging Markets Equity ETF 0.2 33 28 8.9 -9.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.2 38 23 7.8 -10.8
ONEY SPDR Russell 1000 Yield Focus ETF 0.2 20 41 9.3 -9.3
VBR Vanguard Small Cap Value ETF 0.2 7 54 7.8 -10.8
NANR SPDR S&P North American Natural Resources ETF 0.2 35 26 7.4 -11.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.2 30 31 8.0 -10.7
AVDE Avantis International Equity ETF 0.2 23 38 8.1 -10.6
SAGP Strategas Global Policy Opportunities ETF 0.2 65 -4 5.3 -13.4
SMDY Syntax Stratified MidCap ETF 0.2 35 26 5.8 -12.9
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.2 58 3 7.8 -10.8
IJR iShares Core S&P Small Cap ETF 0.2 6 55 6.6 -12.0
CWI SPDR MSCI ACWI ex-US ETF 0.2 30 31 6.9 -11.7
IWS iShares Russell Mid-Cap Value ETF 0.2 23 38 6.2 -12.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.2 32 29 6.2 -12.4
VIOO Vanguard S&P Small-Cap 600 ETF 0.2 10 51 6.6 -12.0
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.2 3 58 6.7 -12.0
DFEV Dimensional Emerging Markets Value ETF 0.2 43 18 11.1 -7.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.2 41 20 7.4 -11.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.2 33 28 8.2 -10.4
DIM WisdomTree International MidCap Dividend Fund 0.2 58 3 7.7 -10.9
HFXI IQ FTSE International Equity Currency Neutral ETF 0.2 20 41 7.1 -11.6
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.1 30 31 8.1 -10.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 22 7.4 -11.2
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.1 14 47 6.2 -12.4
IJT iShares S&P Small-Cap 600 Growth ETF 0.1 18 43 5.8 -12.9
SIZE iShares MSCI USA Size Factor ETF 0.1 15 46 5.6 -13.0
VB Vanguard Small-Cap ETF 0.1 5 56 4.9 -13.7
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.1 15 46 5.8 -12.8
IQSI IQ Candriam International Equity ETF 0.1 15 46 6.6 -12.0
FVAL Fidelity Value Factor ETF 0.1 15 46 7.1 -11.5
JHMD John Hancock Multifactor Developed International ETF 0.1 39 22 7.8 -10.9
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.1 9 52 3.3 -15.3
SLYG SPDR S&P 600 Small Cap Growth ETF 0.1 15 46 5.8 -12.8
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 8 53 7.3 -11.4
VSGX Vanguard ESG International Stock ETF 0.1 12 49 6.8 -11.9
PTL Inspire 500 ETF 0.1 9 52 5.6 -13.0
SCHF Schwab International Equity ETF 0.1 6 55 7.5 -11.1
EFG iShares MSCI EAFE Growth ETF 0.1 36 25 4.5 -14.1
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.1 52 9 5.1 -13.5
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.1 58 3 5.0 -13.6
IWR iShares Russell Midcap ETF 0.1 19 42 5.4 -13.2
SCHC Schwab International Small-Cap Equity ETF 0.1 11 50 6.6 -12.0
FAN First Trust Global Wind Energy ETF 0.1 60 1 5.5 -13.1
IMCG iShares Morningstar Mid-Cap Growth ETF 0.1 6 55 4.0 -14.7
DFAI Dimensional International Core Equity Market ETF 0.1 18 43 7.3 -11.3
CRTC Xtrackers US National Critical Technologies ETF 0.1 35 26 5.1 -13.5
FLAX Franklin FTSE Asia Ex Japan ETF 0.1 19 42 6.9 -11.8
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -5 10.0 -8.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.1 40 21 7.9 -10.7
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.1 35 26 6.2 -12.4
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 0.1 42 19 6.1 -12.5
IMCB iShares Morningstar Mid-Cap ETF 0.1 4 57 5.7 -12.9
SCHA Schwab U.S. Small-Cap ETF 0.1 4 57 4.4 -14.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 58 7.2 -11.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 52 5.4 -13.3
IMCV iShares Morningstar Mid-Cap Value ETF 0.1 6 55 7.5 -11.1
IEFA iShares Core MSCI EAFE ETF 0.1 7 54 7.1 -11.5
GXC SPDR S&P China ETF 0.1 59 2 8.3 -10.3
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.1 58 3 6.5 -12.1
TPSC Timothy Plan US Small Cap Core ETF 0.1 52 9 6.5 -12.1
FLGR Franklin FTSE Germany ETF 0.1 9 52 7.0 -11.6
DEM WisdomTree Emerging Markets High Dividend Fund 0.1 63 -2 18.9 +0.2
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.1 46 15 9.3 -9.3
TCHI iShares MSCI China Multisector Tech ETF 0.1 59 2 1.9 -16.8
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 25 7.8 -10.8
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 46 10.2 -8.4
JHEM John Hancock Multifactor Emerging Markets ETF 0.1 49 12 8.2 -10.4
VEA Vanguard FTSE Developed Markets ETF 0.1 5 56 7.3 -11.3
AVES Avantis Emerging Markets Value ETF 0.1 36 25 11.6 -7.0
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.1 20 41 6.9 -11.7
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.1 12 49 5.9 -12.8
VXUS Vanguard Total International Stock ETF 0.1 7 54 7.2 -11.4
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 54 7.3 -11.3
EEMA iShares MSCI Emerging Markets Asia ETF 0.1 49 12 6.5 -12.1
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.1 70 -9 6.2 -12.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 49 4.8 -13.8
IXUS iShares Core MSCI Total International Stock ETF 0.1 7 54 7.2 -11.4
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 7 54 6.7 -11.9
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 50 8.4 -10.2
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 46 7.2 -11.4
DWMF WisdomTree International Multifactor Fund 0.1 38 23 7.4 -11.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 36 7.2 -11.4
QINT American Century Quality Diversified International ETF 0.1 39 22 7.7 -10.9
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.1 18 43 7.0 -11.6
KOMP SPDR S&P Kensho New Economies Composite ETF 0.1 20 41 1.0 -17.6
EEM iShares MSCI Emerging Markets ETF 0.1 69 -8 6.9 -11.7
DFIC Dimensional International Core Equity 2 ETF 0.1 23 38 7.7 -10.9
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.1 60 1 4.0 -14.6
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 52 7.5 -11.2
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.1 25 36 6.6 -12.0
APIE ActivePassive International Equity ETF 0.1 45 16 8.1 -10.5
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 37 6.5 -12.1
IGE iShares North American Natural Resources ETF 0.1 41 20 6.1 -12.5
IDEV iShares Core MSCI International Developed Markets ETF 0.1 4 57 7.1 -11.5
JPIN J.P. Morgan Diversified Return International Equity ETF 0.1 37 24 8.9 -9.7
FLKR Franklin FTSE South Korea ETF 0.1 9 52 10.6 -8.0
XCEM Columbia EM Core ex-China ETF 0.1 16 45 7.7 -10.9
XC WisdomTree Emerging Markets Ex-China Fund 0.1 32 29 6.0 -12.6
EWY iShares MSCI South Korea ETF 0.1 58 3 9.8 -8.8
AVSD Avantis Responsible International Equity ETF 0.1 23 38 7.1 -11.5
BKIE BNY Mellon International Equity ETF 0.1 4 57 7.1 -11.5
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 41 7.0 -11.6
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 41 4.6 -14.0
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 2 11.3 -7.3
EPS WisdomTree U.S. LargeCap Fund 0.1 8 53 5.9 -12.7
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 19 6.1 -12.6
OALC OneAscent Large Cap Core ETF 0.1 86 -25 4.3 -14.3
SNPV Xtrackers S&P 500 Value ESG ETF 0.1 15 46 6.4 -12.2
HEDJ WisdomTree Europe Hedged Equity Fund 0.1 58 3 9.5 -9.2
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.1 30 31 7.3 -11.3
VOT Vanguard Mid-Cap Growth ETF 0.1 7 54 3.4 -15.3
VBK Vanguard Small-Cap Growth ETF 0.1 7 54 1.1 -17.5
DFUV Dimensional US Marketwide Value ETF 0.1 22 39 7.2 -11.5
DMXF iShares ESG Advanced MSCI EAFE ETF 0.1 12 49 5.5 -13.1
MCHI iShares MSCI China ETF 0.1 59 2 8.4 -10.2
VO Vanguard Mid-Cap ETF 0.1 4 57 5.3 -13.3
DFAS Dimensional U.S. Small Cap ETF 0.1 26 35 5.5 -13.1
ISCG iShares Morningstar Small-Cap Growth ETF 0.1 6 55 2.3 -16.4
DWM WisdomTree International Equity Fund 0.1 48 13 8.0 -10.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.1 41 20 7.4 -11.2
CFA VictoryShares US 500 Volatility Wtd ETF 0.1 35 26 5.6 -13.0
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.1 40 21 5.6 -13.1
EZM WisdomTree U.S. MidCap Fund 0.1 38 23 7.4 -11.3
NUEM Nuveen ESG Emerging Markets Equity ETF 0.1 36 25 6.5 -12.2
RODE Hartford Multifactor Diversified International ETF 0.1 29 32 11.8 -6.8
VRAI Virtus Real Asset Income ETF 0.1 55 6 8.0 -10.7
CGDG Capital Group Dividend Growers ETF 0.1 47 14 6.6 -12.0
HAP VanEck Natural Resources ETF 0.1 50 11 10.0 -8.6
SLX VanEck Steel ETF 0.1 56 5 21.4 +2.8
BRAZ Global X Brazil Active ETF 0.1 75 -14 10.1 -8.5
GNR SPDR S&P Global Natural Resources ETF 0.1 40 21 9.7 -8.9
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 0.1 69 -8 8.1 -10.5
ECOW Pacer Emerging Markets Cash Cows 100 ETF 0.1 70 -9 9.2 -9.4
UMMA Wahed Dow Jones Islamic World ETF 0.1 65 -4 4.6 -14.1
LIVR Intelligent Livermore ETF 0.1 69 -8 6.0 -12.6
ACWX iShares MSCI ACWI ex U.S. ETF 0.1 34 27 7.0 -11.7
VOE Vanguard Mid-Cap Value ETF 0.1 7 54 6.9 -11.7
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF 0.1 20 41 6.5 -12.1
VIG Vanguard Dividend Appreciation ETF 0.1 6 55 5.6 -13.0
VWO Vanguard FTSE Emerging Markets ETF 0.1 8 53 6.9 -11.7
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.1 36 25 6.6 -12.0
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.1 45 16 6.5 -12.1
EFA iShares MSCI EAFE ETF 0.1 35 26 6.9 -11.7
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -4 8.2 -10.5
VOOV Vanguard S&P 500 Value ETF 0.1 10 51 6.3 -12.3
IWD iShares Russell 1000 Value ETF 0.1 19 42 6.1 -12.5
IVE iShares S&P 500 Value ETF 0.1 18 43 6.3 -12.4
SPYV SPDR Portfolio S&P 500 Value ETF 0.1 4 57 6.4 -12.2
SCJ iShares MSCI Japan Small-Cap ETF 0.1 50 11 7.0 -11.7
VONV Vanguard Russell 1000 Value ETF 0.1 8 53 6.3 -12.4
HLAL Wahed FTSE USA Shariah ETF 0.1 50 11 4.9 -13.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 41 5.2 -13.5
IUSV iShares Core S&P US Value ETF 0.1 4 57 6.4 -12.2
WOMN Impact Shares YWCA Women's Empowerment ETF 0.1 75 -14 4.7 -14.0
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.1 70 -9 7.7 -10.9
PFM Invesco Dividend Achievers ETF 0.1 53 8 5.3 -13.3
VT Vanguard Total World Stock ETF 0.1 7 54 5.5 -13.1
VLU SPDR S&P 1500 Value Tilt ETF 0.1 12 49 6.7 -12.0
QGRW WisdomTree U.S. Quality Growth Fund 0.1 28 33 4.7 -13.9
IUS Invesco RAFI Strategic US ETF 0.1 19 42 6.8 -11.8
DGRO iShares Core Dividend Growth ETF 0.1 8 53 6.3 -12.3
EMXC iShares MSCI Emerging Markets ex China ETF 0.1 25 36 6.7 -11.9
STXE Strive Emerging Markets Ex-China ETF 0.1 32 29 7.0 -11.6
AVUS Avantis U.S. Equity ETF 0.1 15 46 5.6 -13.0
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 49 6.2 -12.4
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 57 6.4 -12.2
RWL Invesco S&P 500 Revenue ETF 0.0 39 22 6.7 -11.9
STXV Strive 1000 Value ETF 0.0 18 43 7.5 -11.1
NACP Impact Shares NAACP Minority Empowerment ETF 0.0 49 12 5.0 -13.7
DSI iShares MSCI KLD 400 Social ETF 0.0 25 36 5.0 -13.6
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 36 6.8 -11.9
XMAG Defiance Large Cap ex-Mag 7 ETF 0.0 35 26 5.1 -13.5
GMF SPDR S&P Emerging Asia Pacific ETF 0.0 49 12 6.1 -12.5
INTF iShares International Equity Factor ETF 0.0 15 46 8.2 -10.5
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.0 9 52 4.9 -13.7
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 46 4.7 -13.9
JHML John Hancock Multifactor Large Cap ETF 0.0 29 32 5.3 -13.3
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 52 5.2 -13.4
SSPY Syntax Stratified LargeCap ETF 0.0 30 31 6.3 -12.3
AVSU Avantis Responsible U.S. Equity ETF 0.0 15 46 6.1 -12.5
DTH WisdomTree International High Dividend Fund 0.0 58 3 10.1 -8.5
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.0 7 54 5.3 -13.3
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 19 5.1 -13.5
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.0 45 16 11.0 -7.6
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.0 45 16 4.7 -13.9
BKF iShares MSCI BIC ETF 0.0 69 -8 6.9 -11.7
ISCB iShares Morningstar Small-Cap ETF 0.0 4 57 4.8 -13.9
SMMD iShares Russell 2500 ETF 0.0 15 46 5.5 -13.1
VXF Vanguard Extended Market ETF 0.0 6 55 3.5 -15.1
SHE SPDR MSCI USA Gender Diversity ETF 0.0 20 41 4.9 -13.7
IWO iShares Russell 2000 Growth ETF 0.0 24 37 0.6 -18.1
VTWG Vanguard Russell 2000 Growth ETF 0.0 15 46 0.7 -17.9
ACWI iShares MSCI ACWI ETF 0.0 32 29 5.3 -13.3
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.0 8 53 5.0 -13.7
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 22 6.8 -11.9
URTH iShares MSCI World ETF 0.0 24 37 5.2 -13.4
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 52 4.8 -13.8
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 41 4.9 -13.8
SNPE Xtrackers S&P 500 ESG ETF 0.0 10 51 5.1 -13.5
SPXN ProShares S&P 500 Ex-Financials ETF 0.0 9 52 5.1 -13.6
SPXT ProShares S&P 500 Ex-Technology ETF 0.0 9 52 5.3 -13.3
SPXV ProShares S&P 500 Ex-Health Care ETF 0.0 9 52 4.7 -13.9
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.0 7 54 5.0 -13.7
DFE WisdomTree Europe SmallCap Dividend Fund 0.0 58 3 10.7 -7.9
EWN iShares MSCI Netherlands ETF 0.0 50 11 5.1 -13.5
TOK iShares MSCI Kokusai ETF 0.0 26 35 5.0 -13.6
EMSG Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF 0.0 20 41 6.8 -11.8
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 22 7.5 -11.1
GLBL Pacer MSCI World Industry Advantage ETF 0.0 65 -4 4.7 -13.9
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 36 6.8 -11.8
FLEU Franklin FTSE Eurozone ETF 0.0 9 52 7.3 -11.3
CATH Global X S&P 500 Catholic Values Custom ETF 0.0 29 32 4.9 -13.7
VTV Vanguard Value ETF 0.0 4 57 6.6 -12.1
SPEU SPDR Portfolio Europe ETF 0.0 7 54 7.1 -11.5
SCHB Schwab U.S. Broad Market ETF 0.0 3 58 4.9 -13.7
VTHR Vanguard Russell 3000 ETF 0.0 10 51 4.7 -13.9
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.0 3 58 5.1 -13.5
IWB iShares Russell 1000 ETF 0.0 15 46 4.8 -13.8
XVV iShares ESG Screened S&P 500 ETF 0.0 8 53 4.9 -13.7
VONE Vanguard Russell 1000 ETF 0.0 8 53 4.9 -13.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 16 8.9 -9.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 58 4.8 -13.8
IWV iShares Russell 3000 ETF 0.0 20 41 4.7 -14.0
VTI Vanguard Total Stock Market ETF 0.0 3 58 4.7 -13.9
ILCG iShares Morningstar Growth ETF 0.0 4 57 3.9 -14.7
IVV iShares Core S&P 500 ETF 0.0 3 58 5.0 -13.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.0 20 41 4.8 -13.8
VOO Vanguard S&P 500 ETF 0.0 3 58 5.0 -13.6
IEUR iShares Core MSCI Europe ETF 0.0 11 50 7.1 -11.6
VGK Vanguard FTSE Europe ETF 0.0 11 50 7.1 -11.6
SPLG SPDR Portfolio S&P 500 ETF 0.0 2 59 5.0 -13.6
SPY SPDR S&P 500 ETF Trust 0.0 9 52 5.0 -13.7
DFAT Dimensional U.S. Targeted Value ETF 0.0 28 33 7.8 -10.9
PBUS Invesco MSCI USA ETF 0.0 4 57 5.0 -13.7
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 58 4.9 -13.7
DIHP Dimensional International High Profitability ETF 0.0 29 32 7.6 -11.0
SCHX Schwab U.S. Large-Cap ETF 0.0 3 58 5.0 -13.6
ILCV iShares Morningstar Value ETF 0.0 4 57 6.2 -12.4
IYY iShares Dow Jones U.S. ETF 0.0 20 41 4.8 -13.8
SCHE Schwab Emerging Markets Equity ETF 0.0 11 50 7.1 -11.5
SCHK Schwab 1000 Index ETF 0.0 5 56 5.0 -13.6
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 59 5.0 -13.6
BKLC BNY Mellon US Large Cap Core Equity ETF 0.0 0 61 5.0 -13.6
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 33 6.0 -12.6
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 54 4.9 -13.7
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 42 6.2 -12.4
SPXE ProShares S&P 500 Ex-Energy ETF 0.0 9 52 4.9 -13.7
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 36 5.2 -13.4
VOTE TCW Transform 500 ETF 0.0 5 56 4.9 -13.7
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 50 4.9 -13.7
RSSL Global X Russell 2000 ETF 0.0 8 53 2.6 -16.0
IWM iShares Russell 2000 ETF 0.0 19 42 2.8 -15.8
VTWO Vanguard Russell 2000 ETF 0.0 10 51 2.9 -15.7
DEW WisdomTree Global High Dividend Fund 0.0 58 3 8.5 -10.1
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 46 5.7 -12.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 44 5.3 -13.3
JSTC Adasina Social Justice All Cap Global ETF 0.0 89 -28 4.9 -13.7
STXG Strive 1000 Growth ETF 0.0 18 43 4.1 -14.6
VYMI Vanguard International High Dividend Yield ETF 0.0 22 39 9.8 -8.8
DFUS Dimensional U.S. Equity ETF 0.0 9 52 4.9 -13.8
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 31 5.9 -12.7
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 41 6.8 -11.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.0 39 22 7.5 -11.1
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 36 9.9 -8.8
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.0 30 31 7.3 -11.3
RVRB Reverb ETF 0.0 30 31 4.7 -13.9
VV Vanguard Large-Cap ETF 0.0 4 57 4.9 -13.7
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 43 5.4 -13.2
DFAU Dimensional US Core Equity Market ETF 0.0 12 49 5.0 -13.6
ACVF American Conservative Values ETF 0.0 75 -14 4.2 -14.4
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 44 6.9 -11.7
HKND Humankind US Stock ETF 0.0 11 50 7.1 -11.5
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 47 5.0 -13.6
SFY SoFi Select 500 ETF 0.0 0 61 4.5 -14.2
FLEE Franklin FTSE Europe ETF 0.0 9 52 7.2 -11.5
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.0 24 37 8.7 -10.0
DXJ WisdomTree Japan Hedged Equity Fund 0.0 48 13 8.5 -10.1
EMXF iShares ESG Advanced MSCI EM ETF 0.0 16 45 6.8 -11.8
VIS Vanguard Industrials ETF 0.0 10 51 4.2 -14.4
GSPY Gotham Enhanced 500 ETF 0.0 50 11 5.2 -13.4
DCOR Dimensional US Core Equity 1 ETF 0.0 14 47 5.3 -13.3
IWN iShares Russell 2000 Value ETF 0.0 24 37 4.8 -13.8
VTWV Vanguard Russell 2000 Value ETF 0.0 15 46 4.9 -13.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 49 4.5 -14.1
FIDU Fidelity MSCI Industrial Index ETF 0.0 8 53 4.5 -14.1

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
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 23.2 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 61 bp
Equals: ALTAR Score 18.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.61 CATEGORY
AVERAGE		 1.53
 
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.