USCF Sustainable Battery Metals Strategy Fund
ALTAR
Score™		 8.7% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 204.1x P/Sales
ratio		 0.8x
P/BV
ratio		 1.2x 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) $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 36
Wgt avg mkt cap (mns) $504
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 %


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.
9.5% -2.9% -- -- -19.5%

Market Correlations
versus... Beta R-squared
S&P500 -0.16 1%
MSCI EAFE 0.30 4%
MSCI Emg. Mkts. 0.56 12%

Technical Indicators
Recent close $14.29
30d moving avg. $13.80
Annualized volatility 19.8%
Short interest (ETF) 0.1%
Relative strength (RSI) 59

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 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™: 8.7%


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 6.6 85 -24 9.9 +1.2
REMX VanEck Rare Earth/Strategic Metals ETF 6.6 54 7 5.2 -3.5
DMAT Global X Disruptive Materials ETF 5.9 59 2 9.5 +0.8
SETM Sprott Energy Transition Materials ETF 5.4 65 -4 3.6 -5.1
GMET VanEck Green Metals ETF 5.2 63 -2 9.3 +0.6
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 4.7 72 -11 -0.8 -9.5
BATT Amplify Lithium & Battery Technology ETF 4.3 59 2 3.7 -5.0
LIMI Themes Lithium & Battery Metal Miners ETF 3.9 35 26 7.7 -1.0
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 3.4 58 3 -3.0 -11.7
PBW Invesco WilderHill Clean Energy ETF 3.4 66 -5 -4.5 -13.2
LIT Global X Lithium & Battery Tech ETF 3.2 75 -14 5.3 -3.4
LITP Sprott Lithium Miners ETF 2.8 65 -4 4.7 -4.0
ION ProShares S&P Global Core Battery Metals ETF 2.7 58 3 11.2 +2.5
WBAT WisdomTree Battery Value Chain and Innovation Fund 2.6 45 16 4.5 -4.2
DRIV Global X Autonomous & Electric Vehicles ETF 2.5 68 -7 5.4 -3.3
ILIT iShares Lithium Miners and Producers ETF 2.5 47 14 8.1 -0.6
PBD Invesco Global Clean Energy ETF 2.2 75 -14 0.5 -8.2
CARZ First Trust NASDAQ Global Auto Index Fund 2.1 70 -9 5.2 -3.5
IYM iShares U.S. Basic Materials ETF 1.9 40 21 6.5 -2.2
IDRV iShares Self-driving EV & Tech ETF 1.9 47 14 1.6 -7.1
FDRV Fidelity Electric Vehicles and Future Transportation ETF 1.9 39 22 -0.9 -9.6
FXZ First Trust Materials AlphaDEX Fund 1.9 61 0 10.6 +1.9
PICK iShares MSCI Global Metals & Mining Producers ETF 1.5 39 22 13.6 +4.9
SAMT Strategas Macro Thematic Opportunities ETF 1.3 65 -4 2.9 -5.8
VCLN Virtus Duff & Phelps Clean Energy ETF 1.3 59 2 5.4 -3.3
PSCM Invesco S&P SmallCap Materials ETF 1.3 29 32 13.1 +4.4
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 1.3 60 1 6.6 -2.2
XME SPDR S&P Metals & Mining ETF 1.3 35 26 8.2 -0.5
CVAR Cultivar ETF 1.2 87 -26 6.8 -1.9
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.1 35 26 6.1 -2.6
ACES ALPS Clean Energy ETF 1.1 55 6 -3.3 -12.0
RSPM Invesco S&P 500 Equal Weight Materials ETF 1.1 40 21 7.5 -1.2
XLB Materials Select Sector SPDR Fund 1.1 8 53 6.0 -2.7
SPHB Invesco S&P 500 High Beta ETF 1.0 25 36 4.7 -4.0
ALTL Pacer Lunt Large Cap Alternator ETF 1.0 60 1 4.3 -4.5
ILF iShares Latin America 40 ETF 1.0 48 13 12.8 +4.1
FMAT Fidelity MSCI Materials Index ETF 1.0 8 53 6.2 -2.5
CCNR ALPS CoreCommodity Natural Resources ETF 1.0 39 22 11.3 +2.6
FTAG First Trust Indxx Global Agriculture ETF 1.0 70 -9 8.2 -0.5
VAW Vanguard Materials ETF 0.9 9 52 6.2 -2.5
ARB AltShares Merger Arbitrage ETF 0.8 77 -16 4.2 -4.5
NIXT Research Affiliates Deletions ETF 0.8 9 52 8.8 +0.1
FLAU Franklin FTSE Australia ETF 0.7 9 52 6.2 -2.5
FEUZ First Trust Eurozone AlphaDEX ETF 0.7 80 -19 9.1 +0.4
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.7 15 46 7.5 -1.2
CCSO Carbon Collective Climate Solutions US Equity ETF 0.6 35 26 1.1 -7.6
MXI iShares Global Materials ETF 0.6 41 20 7.8 -0.9
OBOR KraneShares MSCI One Belt One Road Index ETF 0.6 79 -18 8.7 +0.0
GSFP Goldman Sachs Future Planet Equity ETF 0.6 75 -14 4.6 -4.2
SDY SPDR S&P Dividend ETF 0.5 35 26 6.7 -2.0
EQAL Invesco Russell 1000 Equal Weight ETF 0.5 20 41 6.9 -1.8
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.5 20 41 6.3 -2.4
RCGE RockCreek Global Equality ETF 0.5 95 -34 6.3 -2.4
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.5 15 46 6.1 -2.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 12 6.9 -1.8
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 0.4 65 -4 7.7 -1.0
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.4 65 -4 5.9 -2.8
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.4 60 1 2.1 -6.6
SCZ iShares MSCI EAFE Small-Cap ETF 0.4 40 21 7.0 -1.7
IBAT iShares Energy Storage & Materials ETF 0.4 47 14 5.2 -3.5
FEP First Trust Europe AlphaDEX Fund 0.4 80 -19 9.3 +0.6
RAYC Rayliant Quantamental China Equity ETF 0.4 80 -19 8.5 -0.2
XT iShares Exponential Technologies ETF 0.4 46 15 4.7 -4.0
ENOR iShares MSCI Norway ETF 0.4 53 8 10.0 +1.3
IJS iShares S&P Small-Cap 600 Value ETF 0.4 18 43 10.1 +1.4
NORW Global X MSCI Norway ETF 0.4 50 11 10.0 +1.3
KALL KraneShares MSCI All China Index ETF 0.4 49 12 14.7 +6.0
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.4 10 51 10.2 +1.5
SLYV SPDR S&P 600 Small Cap Value ETF 0.4 15 46 10.2 +1.5
XJR iShares ESG Screened S&P Small-Cap ETF 0.3 12 49 7.5 -1.3
AVDS Avantis International Small Cap Equity ETF 0.3 30 31 7.5 -1.2
CGDV Capital Group Dividend Value ETF 0.3 33 28 4.5 -4.2
IJR iShares Core S&P Small Cap ETF 0.3 6 55 7.8 -0.9
DTAN Sparkline International Intangible Value ETF 0.3 55 6 8.1 -0.6
DISV Dimensional International Small Cap Value ETF 0.3 42 19 9.5 +0.8
VIOO Vanguard S&P Small-Cap 600 ETF 0.3 7 54 7.8 -0.9
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 22 5.8 -2.9
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.3 3 58 7.9 -0.8
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.3 15 46 7.9 -0.8
TMFX Motley Fool Next Index ETF 0.3 50 11 2.6 -6.1
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 57 6.2 -2.5
IJT iShares S&P Small-Cap 600 Growth ETF 0.3 18 43 5.6 -3.1
ISCG iShares Morningstar Small-Cap Growth ETF 0.3 6 55 2.9 -5.8
NANR SPDR S&P North American Natural Resources ETF 0.3 35 26 8.3 -0.4
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.3 10 51 5.7 -3.0
SLYG SPDR S&P 600 Small Cap Growth ETF 0.3 15 46 5.6 -3.1
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.3 19 42 6.0 -2.7
BIBL Inspire 100 ETF 0.3 35 26 5.2 -3.5
CGGR Capital Group Growth ETF 0.3 39 22 3.2 -5.5
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.2 32 29 17.4 +8.7
DFAS Dimensional U.S. Small Cap ETF 0.2 26 35 6.6 -2.1
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 36 7.9 -0.8
CNYA iShares MSCI China A ETF 0.2 60 1 7.0 -1.7
ISCB iShares Morningstar Small-Cap ETF 0.2 4 57 6.2 -2.5
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.2 17 44 5.9 -2.8
STXK Strive Small-Cap ETF 0.2 18 43 6.2 -2.5
SAGP Strategas Global Policy Opportunities ETF 0.2 65 -4 5.2 -3.5
STXM Strive Mid-Cap ETF 0.2 18 43 6.4 -2.3
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.2 29 32 8.6 -0.1
BLES Inspire Global Hope ETF 0.2 61 0 6.7 -2.0
VBR Vanguard Small Cap Value ETF 0.2 7 54 9.1 +0.4
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 41 6.4 -2.3
VB Vanguard Small-Cap ETF 0.2 5 56 6.2 -2.5
ISCV iShares Morningstar Small Cap Value ETF 0.2 6 55 9.4 +0.7
ROAM Hartford Multifactor Emerging Markets ETF 0.2 44 17 11.9 +3.2
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.2 33 28 8.6 -0.1
AVEM Avantis Emerging Markets Equity ETF 0.2 33 28 9.1 +0.4
IEUS iShares MSCI Europe Small-Cap ETF 0.2 42 19 7.2 -1.5
ISCF iShares International SmallCap Equity Factor ETF 0.2 23 38 8.3 -0.4
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 22 6.6 -2.2
KOMP SPDR S&P Kensho New Economies Composite ETF 0.2 20 41 2.7 -6.0
SCHM Schwab U.S. Mid-Cap ETF 0.2 4 57 6.8 -2.0
VPL Vanguard FTSE Pacific ETF 0.2 7 54 7.1 -1.6
AVIE Avantis  Inflation Focused Equity ETF 0.2 25 36 7.3 -1.4
AVDV Avantis International Small Cap Value ETF 0.2 36 25 10.1 +1.4
COPY Tweedy, Browne Insider + Value ETF 0.2 80 -19 11.7 +3.0
VBK Vanguard Small-Cap Growth ETF 0.2 7 54 1.9 -6.8
DFAE Dimensional Emerging Core Equity Market ETF 0.2 35 26 9.4 +0.7
BKSE BNY Mellon US Small Cap Core Equity ETF 0.2 4 57 6.1 -2.6
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.2 38 23 9.4 +0.7
PKW Invesco Buyback Achievers ETF 0.2 62 -1 7.4 -1.4
ECNS iShares MSCI China Small-Cap ETF 0.2 59 2 9.6 +0.9
GWX SPDR S&P International Small Cap ETF 0.2 40 21 6.2 -2.5
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 47 4.9 -3.8
IGE iShares North American Natural Resources ETF 0.1 41 20 7.9 -0.8
IPAC iShares Core MSCI Pacific ETF 0.1 9 52 6.7 -2.0
DFIS Dimensional International Small Cap ETF 0.1 39 22 7.4 -1.3
CRTC Xtrackers US National Critical Technologies ETF 0.1 35 26 4.8 -3.9
DXIV Dimensional International Vector Equity ETF 0.1 34 27 8.0 -0.7
IWS iShares Russell Mid-Cap Value ETF 0.1 23 38 6.8 -1.9
SCHA Schwab U.S. Small-Cap ETF 0.1 4 57 6.2 -2.5
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 36 6.0 -2.8
FLCH Franklin FTSE China ETF 0.1 19 42 16.8 +8.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.1 41 20 8.8 +0.1
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.1 53 8 7.6 -1.1
DFJ WisdomTree Japan SmallCap Dividend Fund 0.1 58 3 8.0 -0.7
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.1 58 3 8.0 -0.7
AVMC Avantis U.S. Mid Cap Equity ETF 0.1 18 43 6.9 -1.8
AVES Avantis Emerging Markets Value ETF 0.1 36 25 11.5 +2.8
ONEY SPDR Russell 1000 Yield Focus ETF 0.1 20 41 9.6 +0.9
FAN First Trust Global Wind Energy ETF 0.1 60 1 4.4 -4.3
APIE ActivePassive International Equity ETF 0.1 45 16 7.4 -1.3
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.1 30 31 8.1 -0.6
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.1 80 -19 11.2 +2.5
ISMD Inspire Small/Mid Cap ETF 0.1 54 7 6.0 -2.7
VFVA Vanguard U.S. Value Factor ETF 0.1 13 48 11.2 +2.5
CWI SPDR MSCI ACWI ex-US ETF 0.1 30 31 7.7 -1.0
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 28 10.0 +1.3
EV Mast Global Battery Recycling & Production ETF 0.1 65 -4 10.6 +1.9
DFEV Dimensional Emerging Markets Value ETF 0.1 43 18 13.2 +4.5
PRNT 3D Printing ETF 0.1 66 -5 1.3 -7.5
SFYX SoFi Next 500 ETF 0.1 0 61 5.9 -2.8
DEHP Dimensional Emerging Markets High Profitability ETF 0.1 41 20 6.8 -1.9
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 22 8.2 -0.5
IWR iShares Russell Midcap ETF 0.1 19 42 5.8 -2.9
IQSI IQ Candriam International Equity ETF 0.1 15 46 6.7 -2.1
FLGR Franklin FTSE Germany ETF 0.1 9 52 6.7 -2.0
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.1 80 -19 10.0 +1.3
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 54 10.6 +1.9
SCHC Schwab International Small-Cap Equity ETF 0.1 11 50 6.8 -2.0
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.1 5 56 7.9 -0.8
VSGX Vanguard ESG International Stock ETF 0.1 10 51 7.9 -0.8
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 3 8.4 -0.3
AVDE Avantis International Equity ETF 0.1 23 38 7.6 -1.1
FLAX Franklin FTSE Asia Ex Japan ETF 0.1 19 42 9.5 +0.8
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 36 10.1 +1.4
GXC SPDR S&P China ETF 0.1 59 2 16.4 +7.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.1 30 31 9.9 +1.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 52 5.8 -2.9
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 53 6.8 -1.9
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 50 10.1 +1.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 25 9.8 +1.1
JHEM John Hancock Multifactor Emerging Markets ETF 0.1 49 12 10.4 +1.7
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 46 10.3 +1.6
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 19 6.5 -2.3
DINT Davis Select International ETF 0.1 55 6 8.0 -0.7
RODE Hartford Multifactor Diversified International ETF 0.1 29 32 12.7 +4.0
CGDG Capital Group Dividend Growers ETF 0.1 47 14 6.2 -2.5
EDOG ALPS Emerging Sector Dividend Dogs ETF 0.1 60 1 10.8 +2.1
HAP VanEck Natural Resources ETF 0.1 50 11 9.5 +0.8
SLX VanEck Steel ETF 0.1 56 5 15.1 +6.4
BRAZ Global X Brazil Active ETF 0.1 75 -14 12.3 +3.6
CVY Invesco Zacks Multi-Asset Income ETF 0.1 106 -45 11.9 +3.2
GNR SPDR S&P Global Natural Resources ETF 0.1 40 21 11.4 +2.7
LIVR Intelligent Livermore ETF 0.1 69 -8 6.1 -2.6
SCHF Schwab International Equity ETF 0.1 6 55 7.4 -1.4
SMMD iShares Russell 2500 ETF 0.1 15 46 6.4 -2.3
DFAI Dimensional International Core Equity Market ETF 0.1 18 43 7.2 -1.5
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 4 57 8.2 -0.5
IEFA iShares Core MSCI EAFE ETF 0.1 7 54 7.2 -1.6
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -4 8.1 -0.6
VEA Vanguard FTSE Developed Markets ETF 0.1 3 58 7.3 -1.4
VXUS Vanguard Total International Stock ETF 0.1 5 56 8.0 -0.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 58 7.2 -1.5
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.1 7 54 6.2 -2.6
SNPV Xtrackers S&P 500 Value ESG ETF 0.1 15 46 6.8 -1.9
PTL Inspire 500 ETF 0.1 9 52 5.4 -3.3
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.1 9 52 4.5 -4.2
AVIV Avantis International Large Cap Value ETF 0.1 25 36 8.9 +0.2
FBCG Fidelity Blue Chip Growth ETF 0.1 59 2 2.9 -5.8
AVSE Avantis Responsible Emerging Markets Equity ETF 0.1 33 28 8.6 -0.1
AVSD Avantis Responsible International Equity ETF 0.1 23 38 5.7 -3.1
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 46 8.1 -0.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -5 9.9 +1.2
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 41 7.2 -1.5
VXF Vanguard Extended Market ETF 0.1 5 56 4.8 -3.9
IXUS iShares Core MSCI Total International Stock ETF 0.1 7 54 8.0 -0.7
GMF SPDR S&P Emerging Asia Pacific ETF 0.1 49 12 9.5 +0.8
IDEV iShares Core MSCI International Developed Markets ETF 0.1 4 57 7.2 -1.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.1 70 -9 9.2 +0.5
EEMA iShares MSCI Emerging Markets Asia ETF 0.1 49 12 10.1 +1.4
IUS Invesco RAFI Strategic US ETF 0.1 19 42 6.7 -2.0
BKIE BNY Mellon International Equity ETF 0.1 4 57 7.1 -1.6
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 41 7.0 -1.7
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 36 5.8 -2.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 2 11.7 +3.0
STXV Strive 1000 Value ETF 0.0 18 43 8.1 -0.6
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 36 7.2 -1.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 0.0 30 31 10.3 +1.6
DFIC Dimensional International Core Equity 2 ETF 0.0 23 38 7.6 -1.2
EEM iShares MSCI Emerging Markets ETF 0.0 69 -8 10.2 +1.5
IWD iShares Russell 1000 Value ETF 0.0 19 42 6.5 -2.3
VONV Vanguard Russell 1000 Value ETF 0.0 7 54 6.6 -2.1
DFUV Dimensional US Marketwide Value ETF 0.0 22 39 7.6 -1.1
DGRO iShares Core Dividend Growth ETF 0.0 8 53 6.4 -2.3
VWO Vanguard FTSE Emerging Markets ETF 0.0 7 54 10.5 +1.8
IEMG iShares Core MSCI Emerging Markets ETF 0.0 9 52 10.4 +1.7
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 49 6.6 -2.1
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 45 16 7.2 -1.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.0 18 43 7.7 -1.0
DXJ WisdomTree Japan Hedged Equity Fund 0.0 48 13 8.1 -0.6
SHUS Syntax Stratified U.S. Total Market Hedged ETF 0.0 65 -4 6.4 -2.4
SSPY Syntax Stratified LargeCap ETF 0.0 30 31 6.7 -2.1
FLKR Franklin FTSE South Korea ETF 0.0 9 52 9.4 +0.7
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.0 32 29 9.2 +0.5
XC WisdomTree Emerging Markets Ex-China Fund 0.0 32 29 6.0 -2.8
EMXC iShares MSCI Emerging Markets ex China ETF 0.0 25 36 7.6 -1.1
EWY iShares MSCI South Korea ETF 0.0 58 3 8.8 +0.1
VYM Vanguard High Dividend Yield Index ETF 0.0 6 55 7.2 -1.5
VLU SPDR S&P 1500 Value Tilt ETF 0.0 12 49 7.5 -1.2
VIG Vanguard Dividend Appreciation ETF 0.0 5 56 5.6 -3.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 44 5.6 -3.1
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 37 6.4 -2.3
WOMN Impact Shares YWCA Women's Empowerment ETF 0.0 75 -14 5.2 -3.5
DXUV Dimensional US Vector Equity ETF 0.0 28 33 6.3 -2.4
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 36 7.1 -1.6
VT Vanguard Total World Stock ETF 0.0 6 55 6.0 -2.7
PFM Invesco Dividend Achievers ETF 0.0 53 8 5.2 -3.5
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 57 6.8 -2.0
IVE iShares S&P 500 Value ETF 0.0 18 43 6.2 -2.5
SPYV SPDR Portfolio S&P 500 Value ETF 0.0 4 57 6.4 -2.3
VOOV Vanguard S&P 500 Value ETF 0.0 7 54 6.3 -2.4
MCHI iShares MSCI China ETF 0.0 59 2 17.9 +9.2
DTH WisdomTree International High Dividend Fund 0.0 58 3 8.9 +0.2
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 46 4.7 -4.0
JHML John Hancock Multifactor Large Cap ETF 0.0 29 32 5.4 -3.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 41 5.1 -3.6
SNPE Xtrackers S&P 500 ESG ETF 0.0 10 51 5.1 -3.6
SPXT ProShares S&P 500 Ex-Technology ETF 0.0 9 52 5.6 -3.1
AVSU Avantis Responsible U.S. Equity ETF 0.0 15 46 6.1 -2.6
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 22 6.8 -1.9
IUSV iShares Core S&P US Value ETF 0.0 4 57 6.5 -2.2
JHMD John Hancock Multifactor Developed International ETF 0.0 39 22 7.6 -1.1
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.0 58 3 9.6 +0.9
XCEM Columbia EM Core ex-China ETF 0.0 16 45 8.0 -0.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 22 6.8 -2.0
AVUS Avantis U.S. Equity ETF 0.0 15 46 5.9 -2.9
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.0 20 41 5.9 -2.8
RWL Invesco S&P 500 Revenue ETF 0.0 39 22 6.7 -2.0
DSI iShares MSCI KLD 400 Social ETF 0.0 25 36 4.9 -3.8
NACP Impact Shares NAACP Minority Empowerment ETF 0.0 49 12 4.8 -3.9
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.0 45 16 4.5 -4.2
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 43 5.4 -3.3
SCHB Schwab U.S. Broad Market ETF 0.0 3 58 5.1 -3.6
IWB iShares Russell 1000 ETF 0.0 15 46 4.9 -3.8
IWV iShares Russell 3000 ETF 0.0 20 41 4.8 -3.9
VONE Vanguard Russell 1000 ETF 0.0 7 54 5.0 -3.7
VGK Vanguard FTSE Europe ETF 0.0 6 55 7.4 -1.3
IEUR iShares Core MSCI Europe ETF 0.0 11 50 7.3 -1.4
SCHE Schwab Emerging Markets Equity ETF 0.0 11 50 11.1 +2.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 58 5.0 -3.7
VTHR Vanguard Russell 3000 ETF 0.0 7 54 4.9 -3.8
VTI Vanguard Total Stock Market ETF 0.0 3 58 4.9 -3.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 16 8.9 +0.2
SPEU SPDR Portfolio Europe ETF 0.0 7 54 7.3 -1.4
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.0 39 22 9.6 +0.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 59 5.0 -3.7
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 42 6.4 -2.3
SPXE ProShares S&P 500 Ex-Energy ETF 0.0 9 52 4.9 -3.8
SPXN ProShares S&P 500 Ex-Financials ETF 0.0 9 52 5.0 -3.7
SPXV ProShares S&P 500 Ex-Health Care ETF 0.0 9 52 4.7 -4.0
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 50 4.9 -3.8
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.0 42 19 9.8 +1.1
IWO iShares Russell 2000 Growth ETF 0.0 24 37 1.4 -7.3
VTWG Vanguard Russell 2000 Growth ETF 0.0 10 51 1.5 -7.2
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.0 70 -9 7.7 -1.0
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.0 3 58 5.2 -3.5
ACWX iShares MSCI ACWI ex U.S. ETF 0.0 34 27 7.8 -0.9
DIVB iShares Core Dividend ETF 0.0 5 56 7.6 -1.1
DSPY Tema S&P 500 Historical Weight ETF 0.0 18 43 5.2 -3.5
DCOR Dimensional US Core Equity 1 ETF 0.0 14 47 5.4 -3.3
XVV iShares ESG Screened S&P 500 ETF 0.0 8 53 4.9 -3.8
BKF iShares MSCI BIC ETF 0.0 69 -8 13.3 +4.6
QVML Invesco S&P 500 QVM Multi-factor ETF 0.0 11 50 5.1 -3.6
IVV iShares Core S&P 500 ETF 0.0 3 58 5.0 -3.7
SPLG SPDR Portfolio S&P 500 ETF 0.0 2 59 5.0 -3.7
SPY SPDR S&P 500 ETF Trust 0.0 9 52 4.9 -3.8
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.0 20 41 4.8 -4.0
VOO Vanguard S&P 500 ETF 0.0 3 58 5.0 -3.7
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 36 9.5 +0.8
SCHK Schwab 1000 Index ETF 0.0 5 56 5.1 -3.7
SCHX Schwab U.S. Large-Cap ETF 0.0 3 58 5.0 -3.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 49 4.6 -4.1
DFUS Dimensional U.S. Equity ETF 0.0 9 52 4.9 -3.8
IYY iShares Dow Jones U.S. ETF 0.0 20 41 4.8 -3.9
DFAU Dimensional US Core Equity Market ETF 0.0 12 49 5.1 -3.6
VTWO Vanguard Russell 2000 ETF 0.0 7 54 4.6 -4.1
VYMI Vanguard International High Dividend Yield ETF 0.0 17 44 9.8 +1.1
ACVF American Conservative Values ETF 0.0 75 -14 4.3 -4.4
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 44 7.0 -1.7
HKND Humankind US Stock ETF 0.0 11 50 7.2 -1.5
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 52 5.3 -3.5
CATH Global X S&P 500 Catholic Values Custom ETF 0.0 29 32 4.8 -3.9
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 41 7.0 -1.7
IWM iShares Russell 2000 ETF 0.0 19 42 4.5 -4.2
FLEE Franklin FTSE Europe ETF 0.0 9 52 7.4 -1.4
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 20 7.7 -1.0
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 19 5.4 -3.3
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 21 7.6 -1.1
JPIN J.P. Morgan Diversified Return International Equity ETF 0.0 37 24 8.5 -0.2
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 52 4.8 -3.9
STXG Strive 1000 Growth ETF 0.0 18 43 3.9 -4.8
ACWI iShares MSCI ACWI ETF 0.0 32 29 5.6 -3.1
DFAT Dimensional U.S. Targeted Value ETF 0.0 28 33 9.5 +0.8
GSPY Gotham Enhanced 500 ETF 0.0 50 11 5.3 -3.4
VIS Vanguard Industrials ETF 0.0 9 52 4.6 -4.1
IWN iShares Russell 2000 Value ETF 0.0 24 37 7.7 -1.0
VTWV Vanguard Russell 2000 Value ETF 0.0 10 51 7.8 -0.9

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 10.8 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 61 bp
Equals: ALTAR Score 8.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.68 CATEGORY
AVERAGE		 1.57
 
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.