USCF Sustainable Battery Metals Strategy Fund
ALTAR
Score™		 4.7% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 -182.1x P/Sales
ratio		 1.9x
P/BV
ratio		 3.0x Div.
yield		 2.1%


  • 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 33
Wgt avg mkt cap (mns) $1,757
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 November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
42.2% 37.8% -- -- -8.1%

Market Correlations
versus... Beta R-squared
S&P500 0.11 1%
MSCI EAFE 0.20 3%
MSCI Emg. Mkts. 0.21 3%

Technical Indicators
Recent close $20.03
30d moving avg. $18.62
Annualized volatility 22.0%
Short interest (ETF) 1.0%
Relative strength (RSI) 70

Liquidity measures
Avg. volume (thou.) 8
Turnover 8.0%
Bid/Ask (% of price) 0.80%
ADV underlying (mns) $742

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 357 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™: 4.7%


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 11.1 85 -24 6.2 +1.5
REMX VanEck Rare Earth/Strategic Metals ETF 10.7 54 7 3.2 -1.5
SETM Sprott Energy Transition Materials ETF 9.7 65 -4 2.0 -2.8
DMAT Global X Disruptive Materials ETF 9.4 59 2 6.4 +1.7
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 8.7 72 -11 -1.3 -6.0
GMET VanEck Green Metals ETF 6.0 63 -2 6.8 +2.1
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 5.6 58 3 -1.9 -6.7
BATT Amplify Lithium & Battery Technology ETF 5.5 59 2 1.9 -2.9
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 4.6 60 1 5.1 +0.4
DRIV Global X Autonomous & Electric Vehicles ETF 4.2 68 -7 4.8 +0.0
ION ProShares S&P Global Core Battery Metals ETF 4.2 58 3 6.8 +2.0
LIMI Themes Lithium & Battery Metal Miners ETF 3.9 35 26 3.8 -0.9
PBW Invesco WilderHill Clean Energy ETF 3.7 66 -5 -3.0 -7.8
LITP Sprott Lithium Miners ETF 3.6 65 -4 1.4 -3.4
SAMT Strategas Macro Thematic Opportunities ETF 3.3 65 -4 2.6 -2.2
VCLN Virtus Duff & Phelps Clean Energy ETF 3.3 59 2 4.1 -0.7
XME State Street SPDR S&P Metals & Mining ETF 3.3 35 26 6.6 +1.9
LIT Global X Lithium & Battery Tech ETF 3.3 75 -14 6.4 +1.7
WBAT WisdomTree Battery Value Chain and Innovation Fund 3.0 45 16 1.7 -3.0
ILIT iShares Lithium Miners and Producers ETF 2.9 47 14 4.3 -0.5
CARZ First Trust NASDAQ Global Auto Index Fund 2.4 70 -9 4.1 -0.7
HYP Golden Eagle Dynamic Hypergrowth ETF 2.4 85 -24 -1.2 -5.9
IYM iShares U.S. Basic Materials ETF 2.3 40 21 6.0 +1.3
IDRV iShares Self-driving EV & Tech ETF 2.3 47 14 3.2 -1.5
PBD Invesco Global Clean Energy ETF 2.2 75 -14 0.8 -4.0
FDRV Fidelity Electric Vehicles and Future Transportation ETF 2.1 39 22 -1.3 -6.1
PICK iShares MSCI Global Metals & Mining Producers ETF 2.1 39 22 10.4 +5.7
CVAR Cultivar ETF 2.0 87 -26 7.4 +2.7
FXZ First Trust Materials AlphaDEX Fund 1.9 61 0 9.3 +4.5
IMOM Alpha Architect International Quantitative Momentum ETF 1.7 49 12 4.5 -0.2
SPIT F/m Emerald Special Situations ETF 1.7 105 -44 -0.9 -5.7
VAW Vanguard Materials ETF 1.7 9 52 6.4 +1.6
AZTD Aztlan Global Stock Selection DM SMID ETF 1.6 75 -14 6.3 +1.5
PDP Invesco Dorsey Wright Momentum ETF 1.4 62 -1 2.0 -2.7
FMAT Fidelity MSCI Materials Index ETF 1.3 8 53 6.3 +1.6
FLAU Franklin FTSE Australia ETF 1.3 9 52 6.4 +1.6
NIXT Research Affiliates Deletions ETF 1.2 9 52 8.0 +3.3
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.2 35 26 6.3 +1.5
RSPM Invesco S&P 500 Equal Weight Materials ETF 1.2 40 21 7.9 +3.2
SPHB Invesco S&P 500 High Beta ETF 1.2 25 36 4.7 -0.1
ACES ALPS Clean Energy ETF 1.2 55 6 -2.5 -7.2
XLB The Materials Select Sector SPDR Fund 1.2 8 53 6.3 +1.6
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 1.2 60 1 5.8 +1.1
OBOR KraneShares MSCI One Belt One Road Index ETF 1.2 79 -18 7.6 +2.8
ILF iShares Latin America 40 ETF 1.1 48 13 12.2 +7.4
SMOT VanEck Morningstar SMID Moat ETF 1.1 49 12 6.7 +2.0
CCNR ALPS CoreCommodity Natural Resources ETF 1.1 39 22 8.6 +3.9
MXI iShares Global Materials ETF 1.1 41 20 7.1 +2.4
FTAG First Trust Indxx Global Agriculture ETF 1.0 70 -9 8.3 +3.6
CCSO Carbon Collective Climate Solutions US Equity ETF 1.0 35 26 1.3 -3.5
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.0 29 32 7.9 +3.1
TAX Cambria Tax Aware ETF 0.9 49 12 6.0 +1.3
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.9 60 1 4.8 +0.0
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 0.9 65 -4 7.0 +2.3
ARB AltShares Merger Arbitrage ETF 0.8 77 -16 3.9 -0.8
KALL KraneShares MSCI All China Index ETF 0.8 49 12 13.4 +8.7
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.8 80 -19 9.9 +5.1
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.7 15 46 7.8 +3.1
BUZZ VanEck Social Sentiment ETF 0.7 75 -14 -0.8 -5.5
SDY State Street SPDR S&P Dividend ETF 0.7 35 26 6.9 +2.1
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.6 20 41 6.3 +1.6
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.6 49 12 6.7 +1.9
STXM Strive Mid-Cap ETF 0.6 18 43 6.4 +1.6
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.6 70 -9 2.1 -2.6
IBAT iShares Energy Storage & Materials ETF 0.6 47 14 2.8 -2.0
GSFP Goldman Sachs Future Planet Equity ETF 0.6 75 -14 4.4 -0.3
EWA iShares MSCI Australia ETF 0.6 50 11 5.9 +1.2
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.6 65 -4 5.0 +0.3
EQAL Invesco Russell 1000 Equal Weight ETF 0.6 20 41 7.1 +2.4
SAGP Strategas Global Policy Opportunities ETF 0.6 65 -4 5.4 +0.7
SCZ iShares MSCI EAFE Small-Cap ETF 0.5 40 21 6.9 +2.1
XT iShares Exponential Technologies ETF 0.5 46 15 4.9 +0.1
AVDS Avantis International Small Cap Equity ETF 0.5 30 31 6.6 +1.9
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.5 15 46 6.0 +1.3
SCHM Schwab U.S. Mid-Cap ETF 0.5 4 57 6.9 +2.2
TMFX Motley Fool Next Index ETF 0.5 50 11 3.1 -1.7
ISCG iShares Morningstar Small-Cap Growth ETF 0.5 6 55 2.9 -1.8
NORW Global X MSCI Norway ETF 0.4 50 11 10.5 +5.7
ENOR iShares MSCI Norway ETF 0.4 53 8 10.4 +5.7
DFAS Dimensional U.S. Small Cap ETF 0.4 26 35 6.6 +1.8
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.4 17 44 5.9 +1.2
BKSE BNY Mellon US Small Cap Core Equity ETF 0.4 4 57 5.8 +1.0
ISCB iShares Morningstar Small-Cap ETF 0.4 4 57 5.7 +1.0
CNYA iShares MSCI China A ETF 0.4 60 1 7.0 +2.3
DISV Dimensional International Small Cap Value ETF 0.4 42 19 8.8 +4.1
RAYC Rayliant Quantamental China Equity ETF 0.4 80 -19 8.3 +3.5
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.4 19 42 5.4 +0.7
EPP iShares MSCI Pacific ex-Japan ETF 0.4 47 14 5.3 +0.6
VBR Vanguard Small Cap Value ETF 0.4 7 54 8.9 +4.2
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.4 32 29 13.5 +8.8
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 22 5.8 +1.1
ISCV iShares Morningstar Small Cap Value ETF 0.3 6 55 8.4 +3.7
VB Vanguard Small-Cap ETF 0.3 5 56 6.0 +1.3
CGDV Capital Group Dividend Value ETF 0.3 33 28 4.6 -0.1
SMMD iShares Russell 2500 ETF 0.3 15 46 6.7 +1.9
NANR SPDR S&P North American Natural Resources ETF 0.3 35 26 7.9 +3.2
DTAN Sparkline International Intangible Value ETF 0.3 55 6 8.0 +3.3
COPY Tweedy, Browne Insider + Value ETF 0.3 80 -19 11.5 +6.8
FNX First Trust Mid Cap Core AlphaDEX Fund 0.3 60 1 6.9 +2.1
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.3 20 41 3.1 -1.7
IPAC iShares Core MSCI Pacific ETF 0.3 9 52 6.2 +1.4
IJJ iShares S&P Mid-Cap 400 Value ETF 0.3 18 43 8.6 +3.9
AVIE Avantis  Inflation Focused Equity ETF 0.3 25 36 7.2 +2.4
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 57 5.9 +1.1
IPOS Renaissance International IPO ETF 0.3 80 -19 2.2 -2.6
VPL Vanguard FTSE Pacific ETF 0.3 7 54 6.4 +1.7
VBK Vanguard Small-Cap Growth ETF 0.3 7 54 1.7 -3.0
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 0.3 15 46 8.6 +3.9
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.3 10 51 8.6 +3.9
BIBL Inspire 100 ETF 0.3 35 26 5.2 +0.5
CGGR Capital Group Growth ETF 0.3 39 22 3.4 -1.3
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.3 95 -34 -0.4 -5.1
CRTC Xtrackers US National Critical Technologies ETF 0.3 35 26 4.8 +0.1
GWX SPDR S&P International Small Cap ETF 0.3 40 21 6.4 +1.7
AVDV Avantis International Small Cap Value ETF 0.3 36 25 8.7 +3.9
IGE iShares North American Natural Resources ETF 0.2 41 20 7.5 +2.8
MDY SPDR S&P Midcap 400 ETF Trust 0.2 24 37 7.0 +2.3
IJH iShares Core S&P Mid-Cap ETF 0.2 5 56 7.2 +2.5
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.2 80 -19 8.4 +3.7
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.2 41 20 8.2 +3.5
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.2 33 28 8.0 +3.3
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 36 7.6 +2.9
IWS iShares Russell Mid-Cap Value ETF 0.2 23 38 7.2 +2.4
IVOO Vanguard S&P Mid-Cap 400 ETF 0.2 7 54 7.2 +2.5
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.2 3 58 7.2 +2.5
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 41 6.7 +2.0
BLES Inspire Global Hope ETF 0.2 61 0 6.8 +2.1
DFAE Dimensional Emerging Core Equity Market ETF 0.2 35 26 8.7 +4.0
ISCF iShares International SmallCap Equity Factor ETF 0.2 23 38 8.1 +3.4
AVEM Avantis Emerging Markets Equity ETF 0.2 33 28 8.3 +3.6
ECNS iShares MSCI China Small-Cap ETF 0.2 59 2 9.8 +5.1
DFIS Dimensional International Small Cap ETF 0.2 39 22 6.9 +2.2
FLCH Franklin FTSE China ETF 0.2 19 42 16.1 +11.3
ROAM Hartford Multifactor Emerging Markets ETF 0.2 44 17 11.3 +6.6
IJK iShares S&P Mid-Cap 400 Growth ETF 0.2 17 44 5.8 +1.0
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.2 38 23 8.7 +4.0
SFYX SoFi Next 500 ETF 0.2 0 61 5.8 +1.1
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.2 10 51 5.9 +1.2
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.2 15 46 5.8 +1.0
IEUS iShares MSCI Europe Small-Cap ETF 0.2 42 19 7.3 +2.6
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 47 4.9 +0.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 22 3.0 -1.7
IWR iShares Russell Midcap ETF 0.2 19 42 6.2 +1.5
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.2 64 -3 1.2 -3.6
DXIV Dimensional International Vector Equity ETF 0.2 34 27 7.4 +2.6
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.2 30 31 7.4 +2.7
AVMC Avantis U.S. Mid Cap Equity ETF 0.2 18 43 6.8 +2.1
SCHC Schwab International Small-Cap Equity ETF 0.2 11 50 7.5 +2.7
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.2 53 8 7.2 +2.4
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.2 7 54 5.7 +1.0
IQSI IQ Candriam International Equity ETF 0.2 15 46 6.2 +1.5
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 0.2 58 3 7.0 +2.2
IDMO Invesco S&P International Developed Momentum ETF 0.1 25 36 5.6 +0.8
MCHI iShares MSCI China ETF 0.1 59 2 17.6 +12.8
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 28 9.8 +5.0
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 36 5.1 +0.4
DFJ WisdomTree Japan SmallCap Dividend Fund 0.1 58 3 7.0 +2.3
VSGX Vanguard ESG International Stock ETF 0.1 10 51 7.5 +2.8
GXC SPDR S & P China ETF 0.1 59 2 16.2 +11.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 22 7.5 +2.8
AVDE Avantis International Equity ETF 0.1 23 38 7.0 +2.3
AVES Avantis Emerging Markets Value ETF 0.1 36 25 10.7 +6.0
DFIC Dimensional International Core Equity 2 ETF 0.1 23 38 7.0 +2.3
DFEV Dimensional Emerging Markets Value ETF 0.1 43 18 11.9 +7.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 53 7.2 +2.5
DFSI Dimensional International Sustainability Core 1 ETF 0.1 24 37 6.1 +1.3
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 3 7.9 +3.1
CWI SPDR MSCI ACWI ex-US ETF 0.1 30 31 7.3 +2.5
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 50 9.3 +4.6
EV Mast Global Battery Recycling & Production ETF 0.1 65 -4 7.6 +2.9
VEA Vanguard FTSE Developed Markets ETF 0.1 3 58 6.8 +2.1
SCHF Schwab International Equity ETF 0.1 6 55 6.9 +2.2
IEFA iShares Core MSCI EAFE ETF 0.1 7 54 6.7 +2.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 41 5.4 +0.6
FLAX Franklin FTSE Asia Ex Japan ETF 0.1 19 42 8.7 +3.9
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 46 9.8 +5.1
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 4 57 7.7 +3.0
AVIV Avantis International Large Cap Value ETF 0.1 25 36 8.2 +3.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 52 5.5 +0.8
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 0.1 5 56 8.0 +3.3
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 58 6.6 +1.8
DFAI Dimensional International Core Equity Market ETF 0.1 18 43 6.7 +2.0
VXUS Vanguard Total International Stock ETF 0.1 5 56 7.7 +2.9
AFMC First Trust Active Factor Mid Cap ETF 0.1 65 -4 8.2 +3.5
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 54 10.5 +5.8
IDEV iShares Core MSCI International Developed Markets ETF 0.1 4 57 6.7 +2.0
IXUS iShares Core MSCI Total International Stock ETF 0.1 7 54 7.6 +2.8
AVSD Avantis Responsible International Equity ETF 0.1 23 38 5.1 +0.4
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 25 9.2 +4.4
DXUV Dimensional US Vector Equity ETF 0.1 28 33 6.0 +1.3
DEHP Dimensional Emerging Markets High Profitability ETF 0.1 41 20 6.4 +1.7
VXF Vanguard Extended Market ETF 0.1 5 56 4.4 -0.3
PRNT 3D Printing ETF 0.1 66 -5 1.8 -2.9
XOEF iShares S&P 500 ex S&P 100 ETF 0.1 20 41 5.6 +0.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.1 30 31 8.5 +3.8
ESGE iShares ESG Aware MSCI EM ETF 0.1 25 36 10.0 +5.3
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 41 6.4 +1.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.1 18 43 7.2 +2.5
JHEM John Hancock Multifactor Emerging Markets ETF 0.1 49 12 9.4 +4.7
AVSE Avantis Responsible Emerging Markets Equity ETF 0.1 33 28 8.0 +3.3
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.1 70 -9 8.6 +3.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 44 5.5 +0.7
BKF iShares MSCI BIC ETF 0.1 69 -8 13.4 +8.6
SCHV Schwab U.S. Large-Cap Value ETF 0.1 4 57 6.7 +2.0
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 52 10.0 +5.3
DMXF iShares ESG Advanced MSCI EAFE ETF 0.1 12 49 5.5 +0.8
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 36 7.2 +2.5
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 0.1 30 31 9.6 +4.9
DFSU Dimensional US Sustainability Core 1 ETF 0.1 18 43 5.3 +0.6
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 41 6.6 +1.9
EEM iShares MSCI Emerging Markets ETF 0.1 69 -8 9.7 +5.0
BKIE BNY Mellon International Equity ETF 0.1 4 57 6.5 +1.8
EFG iShares MSCI EAFE Growth ETF 0.1 36 25 4.2 -0.6
FLGR Franklin FTSE Germany ETF 0.1 9 52 7.1 +2.4
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 46 7.6 +2.8
DINT Davis Select International ETF 0.1 55 6 7.6 +2.9
RODE Hartford Multifactor Diversified International ETF 0.1 29 32 10.4 +5.6
CGDG Capital Group Dividend Growers ETF 0.1 47 14 6.0 +1.2
EDOG ALPS Emerging Sector Dividend Dogs ETF 0.1 60 1 10.7 +5.9
HAP VanEck Natural Resources ETF 0.1 50 11 8.7 +4.0
SLX VanEck Steel ETF 0.1 56 5 13.2 +8.5
BRAZ Global X Brazil Active ETF 0.1 75 -14 12.1 +7.3
ICOP iShares Copper and Metals Mining ETF 0.1 47 14 7.2 +2.5
GNR SPDR S&P Global Natural Resources ETF 0.1 40 21 10.3 +5.6
APIE ActivePassive International Equity ETF 0.1 45 16 7.1 +2.3
OTGL OTG Latin America ETF 0.1 269 -208 8.4 +3.7
TIIV AAM Todd International Intrinsic Value ETF 0.1 54 7 11.0 +6.3
IWD iShares Russell 1000 Value ETF 0.1 19 42 6.4 +1.7
VONV Vanguard Russell 1000 Value ETF 0.1 7 54 6.5 +1.8
DFUV Dimensional US Marketwide Value ETF 0.1 22 39 7.3 +2.6
VWO Vanguard FTSE Emerging Markets ETF 0.1 7 54 10.5 +5.8
GMF SPDR S&P Emerging Asia Pacific ETF 0.1 49 12 9.5 +4.8
VYM Vanguard High Dividend Yield Index ETF 0.1 6 55 7.1 +2.4
WOMN Impact Shares YWCA Women's Empowerment ETF 0.1 75 -14 5.6 +0.9
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.1 12 49 7.3 +2.6
VIG Vanguard Dividend Appreciation ETF 0.1 5 56 5.6 +0.8
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 49 6.5 +1.8
IUSV iShares Core S&P US Value ETF 0.1 4 57 6.4 +1.7
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 19 6.3 +1.5
SNPV Xtrackers S&P 500 Value ESG ETF 0.1 15 46 6.8 +2.1
ISMD Inspire Small/Mid Cap ETF 0.1 54 7 5.2 +0.5
VFVA Vanguard U.S. Value Factor ETF 0.1 13 48 10.4 +5.7
DGRO iShares Core Dividend Growth ETF 0.1 8 53 6.6 +1.9
IUS Invesco RAFI Strategic US ETF 0.1 19 42 6.8 +2.1
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 36 7.3 +2.5
DCOR Dimensional US Core Equity 1 ETF 0.1 14 47 5.4 +0.6
EEMA iShares MSCI Emerging Markets Asia ETF 0.1 49 12 9.4 +4.7
PTL Inspire 500 ETF 0.1 9 52 5.4 +0.7
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.1 80 -19 10.6 +5.9
FBCG Fidelity Blue Chip Growth ETF 0.1 59 2 2.9 -1.8
VT Vanguard Total World Stock ETF 0.1 6 55 5.8 +1.0
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -5 9.1 +4.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 2 8.7 +4.0
VOOV Vanguard S&P 500 Value ETF 0.1 7 54 6.2 +1.5
IVE iShares S&P 500 Value ETF 0.1 18 43 6.1 +1.4
SPYV State Street SPDR Portfolio S&P 500 Value ETF 0.1 4 57 6.2 +1.5
ACWX iShares MSCI ACWI ex U.S. ETF 0.1 34 27 7.3 +2.6
STXG Strive 1000 Growth ETF 0.1 18 43 3.9 -0.9
AIEQ AI Powered Equity ETF 0.1 75 -14 4.7 0.0
IMTM iShares MSCI Intl Momentum Factor ETF 0.1 30 31 5.3 +0.5
JHMD John Hancock Multifactor Developed International ETF 0.1 39 22 7.0 +2.3
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 36 9.6 +4.8
AVUS Avantis U.S. Equity ETF 0.1 15 46 5.7 +1.0
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 36 5.4 +0.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 22 6.3 +1.6
DSI iShares MSCI KLD 400 Social ETF 0.0 25 36 4.9 +0.2
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.0 45 16 4.5 -0.2
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -4 7.9 +3.1
DFAU Dimensional US Core Equity Market ETF 0.0 12 49 5.0 +0.3
NACP Impact Shares NAACP Minority Empowerment ETF 0.0 49 12 4.7 -0.0
PRF Invesco FTSE RAFI US 1000 ETF 0.0 39 22 6.7 +2.0
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.0 20 41 6.0 +1.3
PFM Invesco Dividend Achievers ETF 0.0 53 8 5.3 +0.6
DXJ WisdomTree Japan Hedged Equity Fund 0.0 48 13 6.4 +1.7
SHUS Syntax Stratified U.S. Total Market Hedged ETF 0.0 65 -4 6.4 +1.6
SSPY Syntax Stratified LargeCap ETF 0.0 30 31 6.7 +2.0
AVSU Avantis Responsible U.S. Equity ETF 0.0 15 46 5.8 +1.1
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.0 42 19 9.5 +4.8
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.0 58 3 9.5 +4.7
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.0 9 52 3.9 -0.9
FLKR Franklin FTSE South Korea ETF 0.0 9 52 7.4 +2.6
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.0 32 29 8.5 +3.8
XC WisdomTree Emerging Markets Ex-China Fund 0.0 32 29 6.2 +1.5
SMOG VanEck Low Carbon Energy ETF 0.0 61 0 1.5 -3.2
EMXC iShares MSCI Emerging Markets ex China ETF 0.0 25 36 7.1 +2.3
EWY iShares MSCI South Korea ETF 0.0 58 3 6.7 +1.9
EFA iShares MSCI EAFE ETF 0.0 35 26 6.4 +1.7
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 36 9.1 +4.3
SCHK Schwab 1000 Index ETF 0.0 5 56 5.0 +0.2
SCHX Schwab U.S. Large-Cap ETF 0.0 3 58 5.0 +0.2
IWB iShares Russell 1000 ETF 0.0 15 46 4.9 +0.1
IYY iShares Dow Jones U.S. ETF 0.0 20 41 4.8 +0.0
VONE Vanguard Russell 1000 ETF 0.0 7 54 5.0 +0.2
VTI Vanguard Total Stock Market ETF 0.0 3 58 4.9 +0.1
SCHB Schwab U.S. Broad Market ETF 0.0 3 58 5.0 +0.2
DFUS Dimensional U.S. Equity ETF 0.0 9 52 4.8 +0.1
SCHE Schwab Emerging Markets Equity ETF 0.0 11 50 11.0 +6.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 58 4.8 +0.1
VTHR Vanguard Russell 3000 ETF 0.0 7 54 4.8 +0.1
IWV iShares Russell 3000 ETF 0.0 20 41 4.7 -0.0
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.0 3 58 5.1 +0.3
TOPC iShares S&P 500 3% Capped ETF 0.0 15 46 5.1 +0.3
RWL Invesco S&P 500 Revenue ETF 0.0 39 22 6.8 +2.1
DTH WisdomTree International High Dividend Fund 0.0 58 3 7.8 +3.1
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 46 4.7 -0.1
JHML John Hancock Multifactor Large Cap ETF 0.0 29 32 5.4 +0.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 41 5.1 +0.3
SNPE Xtrackers S&P 500 ESG ETF 0.0 10 51 5.0 +0.3
SPXT ProShares S&P 500 Ex-Technology ETF 0.0 9 52 5.5 +0.8
CATH Global X S&P 500 Catholic Values Custom ETF 0.0 29 32 4.7 -0.1
CHRI Global X S&P 500 Christian Values ETF 0.0 29 32 4.6 -0.1
XCEM Columbia EM Core ex-China ETF 0.0 16 45 7.9 +3.2
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 45 16 6.8 +2.1
XVV iShares ESG Screened S&P 500 ETF 0.0 8 53 4.8 +0.1
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.0 20 41 4.7 -0.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 16 8.2 +3.5
IVV iShares Core S&P 500 ETF 0.0 3 58 4.9 +0.2
SMLF iShares U.S. SmallCap Equity Factor ETF 0.0 15 46 5.9 +1.2
SPY SPDR S&P 500 ETF 0.0 9 52 4.9 +0.1
SPYM State Street SPDR Portfolio S&P 500 ETF 0.0 2 59 4.9 +0.2
VOO Vanguard S&P 500 ETF 0.0 3 58 5.0 +0.2
DIVB iShares Core Dividend ETF 0.0 5 56 8.2 +3.5
DSPY Tema S&P 500 Historical Weight ETF 0.0 18 43 5.1 +0.4
RAUS RACWI US ETF 0.0 15 46 4.9 +0.2
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.0 12 49 4.0 -0.8
IEUR iShares Core MSCI Europe ETF 0.0 11 50 7.1 +2.3
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.0 12 49 5.7 +1.0
QVML Invesco S&P 500 QVM Multi-factor ETF 0.0 11 50 5.1 +0.4
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.0 70 -9 7.7 +3.0
SPEU SPDR Portfolio Europe ETF 0.0 7 54 7.0 +2.3
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.0 20 41 6.8 +2.0
VGK Vanguard FTSE Europe ETF 0.0 6 55 7.2 +2.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 59 5.0 +0.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 42 6.3 +1.5
SPXE ProShares S&P 500 Ex-Energy ETF 0.0 9 52 4.8 +0.1
SPXN ProShares S&P 500 Ex-Financials ETF 0.0 9 52 4.9 +0.2
SPXV ProShares S&P 500 Ex-Health Care ETF 0.0 9 52 4.7 -0.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 50 4.9 +0.2
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 20 7.2 +2.5
ESGG FlexShares STOXX Global ESG Select Index Fund 0.0 42 19 5.3 +0.5
JPIN J.P. Morgan Diversified Return International Equity ETF 0.0 37 24 7.7 +3.0
ACWI iShares MSCI ACWI ETF 0.0 32 29 5.4 +0.7
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 52 4.8 +0.1
SCHA Schwab U.S. Small-Cap ETF 0.0 4 57 5.5 +0.8
RWK Invesco S&P MidCap 400 Revenue ETF 0.0 39 22 9.4 +4.7
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 57 4.2 -0.6
TOK iShares MSCI Kokusai ETF 0.0 26 35 5.0 +0.2
URTH iShares MSCI World ETF 0.0 24 37 5.0 +0.2
ACVF American Conservative Values ETF 0.0 75 -14 4.3 -0.4
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 44 7.0 +2.2
HKND Humankind US Stock ETF 0.0 11 50 7.1 +2.3
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 52 5.1 +0.4
FLEE Franklin FTSE Europe ETF 0.0 9 52 6.9 +2.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 21 6.9 +2.2
GSPY Gotham Enhanced 500 ETF 0.0 50 11 5.3 +0.5
VYMI Vanguard International High Dividend Yield ETF 0.0 17 44 8.9 +4.2
EBI Longview Advantage ETF 0.0 35 26 6.7 +2.0

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:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 17.0 %
Divided by: Fwd. P/BV 3.2 x
Less: Expense ratio 61 bp
Equals: ALTAR Score 4.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.87 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.