USCF Sustainable Battery Metals Strategy Fund
ALTAR
Score™		 6.7% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 121.7x P/Sales
ratio		 1.5x
P/BV
ratio		 1.7x 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) $4
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) $751
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
MP MATERIALS CORP CLASS A 1.9 %
ELKEM ASA 1.4 %
LYNAS CORPORATION LIMITED 1.4 %
SGL CARBON SE 1.1 %
GRAFTECH INTERNATIONAL LTD 0.9 %
ALBEMARLE CORP 0.8 %
NIPPON CARBON CO LTD 0.7 %
JINDUICHENG MOLYBDENUM CO., LTD. C 0.6 %
WACKER CHEMIE AG 0.6 %
SINOFIBERS TECHNOLOGY CO., LTD. CL 0.6 %
Total 10.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 2.7 %
CHINA 2.3 %
GERMANY 1.7 %
AUSTRALIA 1.7 %
NORWAY 1.4 %
JAPAN 0.9 %
CHILE 0.6 %
FRANCE 0.5 %
BRAZIL 0.0 %
HONG KONG 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.
9.8% 83.2% -- -- -0.2%

Market Correlations
versus... Beta R-squared
S&P500 0.18 2%
MSCI EAFE 0.37 6%
MSCI Emg. Mkts. 0.42 8%

Technical Indicators
Recent close $21.91
30d moving avg. $22.11
Annualized volatility 22.0%
Short interest (ETF) 1.0%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 2
Turnover 1.0%
Bid/Ask (% of price) 1.04%
ADV underlying (mns) $742

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 353 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™: 6.7%


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
(%)
SETM Sprott Energy Transition Materials ETF 4.8 65 -4 1.8 -5.0
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 4.4 72 -11 2.3 -4.4
GMET VanEck Green Metals ETF 4.3 63 -2 0.4 -6.3
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 3.3 58 3 -2.0 -8.8
BATT Amplify Lithium & Battery Technology ETF 3.2 59 2 2.1 -4.6
PBW Invesco WilderHill Clean Energy ETF 2.8 66 -5 -3.2 -9.9
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 2.7 60 1 4.3 -2.4
GRNJ Fundstrat Granny Shts US Sm- &Mid-CapETF 2.6 75 -14 2.2 -4.5
LIMI Themes Lithium & Battery Metal Miners ETF 2.3 35 26 3.1 -3.6
ION ProShares S&P Global Core Battery Metals ETF 2.3 58 3 5.8 -0.9
DRIV Global X Autonomous & Electric Vehicles ETF 2.1 68 -7 3.9 -2.9
HYP Golden Eagle Dynamic Hypergrowth ETF 1.9 85 -24 -0.8 -7.5
XME State Street SPDR S&P Metals & Mining ETF 1.9 35 26 5.4 -1.3
PICK iShares MSCI Global Metals & Mining Producers ETF 1.9 39 22 8.9 +2.2
LIT Global X Lithium & Battery Tech ETF 1.9 75 -14 5.6 -1.1
WBAT WisdomTree Battery Value Chain and Innovation Fund 1.8 45 16 -0.9 -7.7
SPIT F/m Emerald Special Situations ETF 1.7 105 -44 -0.7 -7.4
LITP Sprott Lithium Miners ETF 1.7 65 -4 1.1 -5.7
IYM iShares U.S. Basic Materials ETF 1.6 40 21 4.7 -2.0
FXZ First Trust Materials AlphaDEX Fund 1.6 61 0 7.3 +0.6
CCNR ALPS CoreCommodity Natural Resources ETF 1.6 39 22 8.2 +1.5
ILIT iShares Lithium Miners and Producers ETF 1.6 47 14 3.7 -3.0
MXI iShares Global Materials ETF 1.5 41 20 6.3 -0.5
CARZ First Trust NASDAQ Global Auto Index Fund 1.4 70 -9 3.2 -3.6
IMOM Alpha Architect International Quantitative Momentum ETF 1.4 49 12 4.3 -2.4
PDP Invesco Dorsey Wright Momentum ETF 1.4 62 -1 1.7 -5.1
CVAR Cultivar ETF 1.3 87 -26 7.1 +0.4
PBD Invesco Global Clean Energy ETF 1.3 75 -14 0.3 -6.4
VAW Vanguard Materials ETF 1.3 9 52 5.2 -1.5
FMAT Fidelity MSCI Materials Index ETF 1.3 8 53 5.2 -1.5
NIXT Research Affiliates Deletions ETF 1.3 9 52 7.5 +0.7
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 1.1 80 -19 7.6 +0.9
IDRV iShares Self-driving EV & Tech ETF 1.1 47 14 1.4 -5.3
TAX Cambria Tax Aware ETF 1.0 49 12 4.5 -2.2
CCSO Carbon Collective Climate Solutions US Equity ETF 0.9 35 26 1.0 -5.8
EWA iShares MSCI Australia ETF 0.9 50 11 5.4 -1.3
FDRV Fidelity Electric Vehicles and Future Transportation ETF 0.9 39 22 1.2 -5.5
OBOR KraneShares MSCI One Belt One Road Index ETF 0.8 79 -18 7.1 +0.4
FLAU Franklin FTSE Australia ETF 0.8 9 52 6.0 -0.7
RSPM Invesco S&P 500 Equal Weight Materials ETF 0.8 40 21 5.7 -1.0
SPHB Invesco S&P 500 High Beta ETF 0.8 25 36 4.3 -2.4
NOBL ProShares S&P 500 Dividend Aristocrats ETF 0.8 35 26 5.5 -1.3
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.8 15 46 6.5 -0.2
ACES ALPS Clean Energy ETF 0.8 55 6 -2.7 -9.4
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 0.8 60 1 5.1 -1.6
SMOT VanEck Morningstar SMID Moat ETF 0.8 49 12 6.8 +0.1
XLB Materials Select Sector SPDR 0.8 8 53 5.7 -1.1
QMOM Alpha Architect U.S. Quantitative Momentum ETF 0.8 39 22 1.2 -5.5
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 0.8 60 1 5.1 -1.6
FMTM MarketDesk Focused U.S. Momentum ETF 0.8 45 16 5.3 -1.4
STXM Strive Mid-Cap ETF 0.7 18 43 5.7 -1.0
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.7 15 46 5.5 -1.3
XT iShares Exponential Technologies ETF 0.7 46 15 4.4 -2.3
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.6 20 41 6.0 -0.7
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.6 4 57 5.9 -0.8
VBK Vanguard Small-Cap Growth ETF 0.6 7 54 1.4 -5.4
ILF iShares Latin America 40 ETF 0.6 48 13 9.6 +2.9
OTGL OTG Latin America ETF 0.6 269 -208 7.8 +1.1
EPP iShares MSCI Pacific ex-Japan ETF 0.6 47 14 5.1 -1.6
ISCG iShares Morningstar Small-Cap Growth ETF 0.6 6 55 3.0 -3.8
EQAL Invesco Russell 1000 Equal Weight ETF 0.6 20 41 6.3 -0.4
SCHM Schwab U.S. Mid-Cap ETF 0.6 4 57 6.3 -0.4
SAMM Strategas Macro Momentum ETF 0.6 66 -5 3.8 -2.9
FTAG First Trust Indxx Global Agriculture ETF 0.6 70 -9 7.1 +0.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.6 49 12 6.3 -0.5
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.5 60 1 7.2 +0.5
JAVA JPMorgan Active Value ETF 0.5 44 17 5.8 -0.9
FNDC Schwab Fundamental International Small Co. Index ETF 0.5 39 22 7.1 +0.4
WSML iShares MSCI World Small-Cap ETF 0.5 15 46 5.8 -0.9
ASHR Xtrackers Harvest CSI 300 China A-Shares ETF 0.5 65 -4 6.4 -0.3
CGGO Capital Group Global Growth Equity ETF 0.5 47 14 4.5 -2.2
TMFX Motley Fool Next Index ETF 0.5 50 11 3.2 -3.6
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.5 70 -9 2.3 -4.5
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.5 7 54 5.7 -1.0
BUZZ VanEck Social Sentiment ETF 0.5 75 -14 -0.7 -7.4
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.5 17 44 5.4 -1.3
ISCB iShares Morningstar Small-Cap ETF 0.5 4 57 5.8 -0.9
BIBL Inspire 100 ETF 0.5 35 26 4.6 -2.1
MFMO Motley Fool Momentum Factor ETF 0.4 50 11 2.4 -4.4
SDY State Street SPDR S&P Dividend ETF 0.4 35 26 6.1 -0.6
DTAN Sparkline International Intangible Value ETF 0.4 55 6 7.6 +0.9
DON WisdomTree U.S. MidCap Dividend Fund 0.4 38 23 8.5 +1.8
BLES Inspire Global Hope ETF 0.4 61 0 6.1 -0.6
VB Vanguard Small-Cap ETF 0.4 5 56 5.6 -1.1
NORW Global X MSCI Norway ETF 0.4 50 11 7.5 +0.8
IPAC iShares Core MSCI Pacific ETF 0.4 9 52 5.8 -0.9
ENOR iShares MSCI Norway ETF 0.4 53 8 7.5 +0.8
CNYA iShares MSCI China A ETF 0.4 60 1 6.5 -0.2
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.4 80 -19 7.1 +0.4
SCZ iShares MSCI EAFE Small-Cap ETF 0.4 40 21 6.5 -0.3
ISCV iShares Morningstar Small Cap Value ETF 0.4 6 55 8.4 +1.7
SMMD iShares Russell 2500 ETF 0.4 15 46 6.1 -0.6
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.3 95 -34 -0.5 -7.2
VPL Vanguard FTSE Pacific ETF 0.3 7 54 5.8 -0.9
CGGR Capital Group Growth ETF 0.3 39 22 2.7 -4.0
AVES Avantis Emerging Markets Value ETF 0.3 36 25 9.4 +2.7
DISV Dimensional International Small Cap Value ETF 0.3 42 19 8.6 +1.9
DFAS Dimensional U.S. Small Cap ETF 0.3 26 35 6.1 -0.6
XJH iShares ESG Screened S&P Mid-Cap ETF 0.3 12 49 6.4 -0.3
IJK iShares S&P Mid-Cap 400 Growth ETF 0.3 17 44 4.4 -2.4
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.3 15 46 4.4 -2.3
AVMC Avantis U.S. Mid Cap Equity ETF 0.3 18 43 6.4 -0.4
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF 0.3 65 -4 4.6 -2.2
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.3 10 51 4.4 -2.3
IWS iShares Russell Mid-Cap Value ETF 0.3 23 38 6.5 -0.2
AVDS Avantis International Small Cap Equity ETF 0.3 30 31 6.3 -0.4
FLCH Franklin FTSE China ETF 0.3 19 42 16.6 +9.9
MDY SPDR S&P Midcap 400 ETF Trust 0.3 23 38 6.3 -0.4
DFIS Dimensional International Small Cap ETF 0.3 39 22 6.4 -0.3
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.3 24 37 7.5 +0.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.2 41 20 7.4 +0.7
IJH iShares Core S&P Mid-Cap ETF 0.2 5 56 6.5 -0.2
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.2 3 58 6.5 -0.2
IVOO Vanguard S&P Mid-Cap 400 ETF 0.2 7 54 6.5 -0.2
NANR SPDR S&P North American Natural Resources ETF 0.2 35 26 6.3 -0.4
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 41 6.2 -0.6
JHMM John Hancock Multifactor Mid Cap ETF 0.2 42 19 5.8 -0.9
CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.2 32 29 13.3 +6.6
FFF Founders 100 ETF 0.2 75 -14 2.7 -4.0
AIEQ AI Powered Equity ETF 0.2 75 -14 4.0 -2.7
AVIE Avantis  Inflation Focused Equity ETF 0.2 25 36 6.2 -0.5
IWR iShares Russell Midcap ETF 0.2 19 42 5.7 -1.0
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 0.2 15 46 8.5 +1.7
IGE iShares North American Natural Resources ETF 0.2 41 20 5.6 -1.1
IJJ iShares S&P Mid-Cap 400 Value ETF 0.2 18 43 8.5 +1.7
IEUS iShares MSCI Europe Small-Cap ETF 0.2 42 19 7.2 +0.4
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.2 10 51 8.6 +1.9
AVEM Avantis Emerging Markets Equity ETF 0.2 33 28 7.8 +1.1
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.2 33 28 7.0 +0.2
MCHI iShares MSCI China ETF 0.2 59 2 18.8 +12.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.2 39 22 6.4 -0.3
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.2 24 37 6.5 -0.2
VBR Vanguard Small Cap Value ETF 0.2 7 54 8.4 +1.7
GWX SPDR S&P International Small Cap ETF 0.2 40 21 6.1 -0.6
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.2 39 22 2.6 -4.2
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.2 60 1 6.3 -0.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.2 30 31 6.8 +0.0
DFAE Dimensional Emerging Core Equity Market ETF 0.2 35 26 7.6 +0.9
AVDV Avantis International Small Cap Value ETF 0.2 36 25 8.1 +1.4
VSGX Vanguard ESG International Stock ETF 0.2 10 51 7.1 +0.4
DFIC Dimensional International Core Equity 2 ETF 0.2 23 38 6.5 -0.2
PTL Inspire 500 ETF 0.2 9 52 4.7 -2.0
FNX First Trust Mid Cap Core AlphaDEX Fund 0.2 60 1 6.7 -0.0
SCHC Schwab International Small-Cap Equity ETF 0.2 11 50 6.8 +0.1
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.2 38 23 7.6 +0.9
SMLF iShares U.S. SmallCap Equity Factor ETF 0.2 15 46 5.4 -1.3
DFSI Dimensional International Sustainability Core 1 ETF 0.2 24 37 5.9 -0.8
GXC SPDR S & P China ETF 0.2 59 2 17.4 +10.7
AVDE Avantis International Equity ETF 0.2 23 38 6.5 -0.2
IEFA iShares Core MSCI EAFE ETF 0.2 7 54 6.4 -0.4
DXIV Dimensional International Vector Equity ETF 0.2 34 27 6.8 +0.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.2 64 -3 1.5 -5.3
PRNT 3D Printing ETF 0.2 66 -5 1.5 -5.3
IDMO Invesco S&P International Developed Momentum ETF 0.1 25 36 5.5 -1.3
VEA Vanguard FTSE Developed Markets ETF 0.1 3 58 6.3 -0.4
DFAI Dimensional International Core Equity Market ETF 0.1 18 43 6.3 -0.4
SCHF Schwab International Equity ETF 0.1 6 55 6.4 -0.4
AVSE Avantis Responsible Emerging Markets Equity ETF 0.1 33 28 7.4 +0.7
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.1 25 36 8.5 +1.8
DFE WisdomTree Europe SmallCap Dividend Fund 0.1 58 3 7.8 +1.1
NUEM Nuveen ESG Emerging Markets Equity ETF 0.1 36 25 6.6 -0.1
IBAT iShares Energy Storage & Materials ETF 0.1 47 14 2.0 -4.7
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 4 57 7.1 +0.4
DMXF iShares ESG Advanced MSCI EAFE ETF 0.1 12 49 5.3 -1.4
EFG iShares MSCI EAFE Growth ETF 0.1 36 25 4.0 -2.7
IDEV iShares Core MSCI International Developed Markets ETF 0.1 4 57 6.3 -0.4
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 53 6.6 -0.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 58 6.2 -0.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.1 39 22 7.3 +0.6
AVSD Avantis Responsible International Equity ETF 0.1 23 38 6.3 -0.4
VXUS Vanguard Total International Stock ETF 0.1 5 56 7.0 +0.3
IXUS iShares Core MSCI Total International Stock ETF 0.1 7 54 7.0 +0.3
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.1 53 8 5.8 -0.9
DLS WisdomTree International SmallCap Dividend Fund 0.1 58 3 7.7 +0.9
IQSI IQ Candriam International Equity ETF 0.1 15 46 5.9 -0.8
SLX VanEck Steel ETF 0.1 56 5 12.1 +5.4
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 44 5.0 -1.7
XOEF iShares S&P 500 ex S&P 100 ETF 0.1 20 41 4.9 -1.8
IMTM iShares MSCI Intl Momentum Factor ETF 0.1 30 31 5.0 -1.7
DEHP Dimensional Emerging Markets High Profitability ETF 0.1 41 20 5.4 -1.3
FDMO Fidelity Momentum Factor ETF 0.1 15 46 2.7 -4.0
BKF iShares MSCI BIC ETF 0.1 69 -8 13.9 +7.1
ESGE iShares ESG Aware MSCI EM ETF 0.1 25 36 9.1 +2.4
DXUV Dimensional US Vector Equity ETF 0.1 28 33 5.6 -1.1
VXF Vanguard Extended Market ETF 0.1 5 56 4.1 -2.6
FRNW Fidelity Clean Energy ETF 0.1 39 22 2.0 -4.8
ECNS iShares MSCI China Small-Cap ETF 0.1 59 2 8.2 +1.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.1 50 11 8.8 +2.1
EEMA iShares MSCI Emerging Markets Asia ETF 0.1 49 12 8.4 +1.7
FLAX Franklin FTSE Asia Ex Japan ETF 0.1 19 42 7.9 +1.1
DFSU Dimensional US Sustainability Core 1 ETF 0.1 18 43 5.0 -1.7
SCHV Schwab U.S. Large-Cap Value ETF 0.1 4 57 6.0 -0.7
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 50 8.6 +1.9
HFXI IQ FTSE International Equity Currency Neutral ETF 0.1 20 41 6.0 -0.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 52 5.2 -1.5
DFUV Dimensional US Marketwide Value ETF 0.1 22 39 6.6 -0.1
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 36 6.7 -0.0
VWO Vanguard FTSE Emerging Markets ETF 0.1 7 54 9.6 +2.9
GMF SPDR S&P Emerging Asia Pacific ETF 0.1 49 12 9.3 +2.6
VIG Vanguard Dividend Appreciation ETF 0.1 5 56 5.2 -1.5
VONV Vanguard Russell 1000 Value ETF 0.1 7 54 5.9 -0.8
VYM Vanguard High Dividend Yield Index ETF 0.1 6 55 6.4 -0.4
USEW Cambria US EW ETF 0.1 30 31 4.4 -2.3
IWD iShares Russell 1000 Value ETF 0.1 19 42 5.8 -0.9
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 49 3.8 -2.9
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.1 12 49 6.6 -0.1
CWI SPDR MSCI ACWI ex-US ETF 0.1 30 31 6.8 +0.1
APIE ActivePassive International Equity ETF 0.1 45 16 6.8 +0.1
ISCF iShares International SmallCap Equity Factor ETF 0.1 23 38 7.5 +0.8
DFJ WisdomTree Japan SmallCap Dividend Fund 0.1 58 3 6.8 +0.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 25 8.3 +1.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -5 7.9 +1.2
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.1 70 -9 7.7 +1.0
VFMO Vanguard U.S. Momentum Factor ETF 0.1 13 48 1.9 -4.8
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 41 6.1 -0.6
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 46 8.7 +2.0
AVIV Avantis International Large Cap Value ETF 0.1 25 36 7.2 +0.5
THRO iShares U.S. Thematic Rotation Active ETF 0.1 90 -29 3.5 -3.2
IUSV iShares Core S&P US Value ETF 0.1 4 57 6.1 -0.6
ACWX iShares MSCI ACWI ex U.S. ETF 0.1 34 27 6.8 +0.1
DFEV Dimensional Emerging Markets Value ETF 0.1 43 18 10.5 +3.8
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 36 6.7 -0.0
VT Vanguard Total World Stock ETF 0.1 6 55 5.4 -1.3
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 49 5.8 -0.9
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 19 4.5 -2.2
JHEM John Hancock Multifactor Emerging Markets ETF 0.1 49 12 8.2 +1.5
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 46 9.6 +2.9
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 47 4.5 -2.2
IVE iShares S&P 500 Value ETF 0.1 18 43 5.8 -0.9
SPYV State Street SPDR Portfolio S&P 500 Value ETF 0.1 4 57 5.9 -0.8
VOOV Vanguard S&P 500 Value ETF 0.1 7 54 5.9 -0.8
EEM iShares MSCI Emerging Markets ETF 0.1 69 -8 8.6 +1.9
DCOR Dimensional US Core Equity 1 ETF 0.1 14 47 4.9 -1.8
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.1 20 41 5.9 -0.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 0.1 30 31 8.8 +2.1
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 52 8.9 +2.2
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 54 10.0 +3.3
EFA iShares MSCI EAFE ETF 0.1 35 26 6.0 -0.7
IUS Invesco RAFI Strategic US ETF 0.1 19 42 6.1 -0.7
MNZL Manzil Russell Halal USA Broad MarketETF 0.1 40 21 4.2 -2.5
STXG Strive 1000 Growth ETF 0.1 18 43 3.5 -3.2
DSI iShares MSCI KLD 400 Social ETF 0.1 25 36 4.5 -2.2
BKIE BNY Mellon International Equity ETF 0.1 4 57 6.3 -0.4
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.1 18 43 6.8 +0.0
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.1 45 16 8.9 +2.2
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.1 32 29 8.2 +1.5
EV Mast Global Battery Recycling & Production ETF 0.1 65 -4 6.2 -0.5
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.1 20 41 0.9 -5.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.1 30 31 8.4 +1.6
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.1 45 16 3.9 -2.8
DFAU Dimensional US Core Equity Market ETF 0.1 12 49 4.6 -2.1
JHML John Hancock Multifactor Large Cap ETF 0.1 29 32 4.8 -1.9
CRTC Xtrackers US National Critical Technologies ETF 0.1 35 26 4.3 -2.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -14 3.5 -3.2
SSPY Syntax Stratified LargeCap ETF 0.1 30 31 6.3 -0.4
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 46 5.5 -1.2
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.1 42 19 8.0 +1.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 36 5.3 -1.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 2 9.1 +2.4
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -4 7.0 +0.2
SCHE Schwab Emerging Markets Equity ETF 0.0 11 50 9.9 +3.2
SCHX Schwab U.S. Large-Cap ETF 0.0 3 58 4.6 -2.1
IYY iShares Dow Jones U.S. ETF 0.0 20 41 4.4 -2.3
VONE Vanguard Russell 1000 ETF 0.0 7 54 4.5 -2.2
VTI Vanguard Total Stock Market ETF 0.0 3 58 4.4 -2.3
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 27 6.1 -0.6
SCHK Schwab 1000 Index ETF 0.0 5 56 4.6 -2.1
IWB iShares Russell 1000 ETF 0.0 15 46 4.5 -2.2
SCHB Schwab U.S. Broad Market ETF 0.0 3 58 4.6 -2.2
PFM Invesco Dividend Achievers ETF 0.0 53 8 4.9 -1.8
TOPC iShares S&P 500 3% Capped ETF 0.0 15 46 4.7 -2.0
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 58 4.5 -2.3
IWV iShares Russell 3000 ETF 0.0 20 41 4.3 -2.4
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.0 20 41 6.5 -0.2
VTHR Vanguard Russell 3000 ETF 0.0 7 54 4.5 -2.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 50 4.5 -2.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.0 36 25 5.7 -1.1
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.0 12 49 5.6 -1.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 41 4.6 -2.1
SNPE Xtrackers S&P 500 ESG ETF 0.0 10 51 4.7 -2.1
SPXT ProShares S&P 500 Ex-Technology ETF 0.0 9 52 5.0 -1.7
CHRI Global X S&P 500 Christian Values ETF 0.0 29 32 4.3 -2.4
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 36 7.9 +1.2
DINT Davis Select International ETF 0.0 55 6 6.4 -0.3
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.0 33 28 7.5 +0.7
ROAM Hartford Multifactor Emerging Markets ETF 0.0 44 17 8.3 +1.6
CGDG Capital Group Dividend Growers ETF 0.0 47 14 5.3 -1.4
HAP VanEck Natural Resources ETF 0.0 50 11 6.7 +0.0
BRAZ Global X Brazil Active ETF 0.0 75 -14 9.8 +3.1
ICOP iShares Copper and Metals Mining ETF 0.0 47 14 6.2 -0.5
GNR SPDR S&P Global Natural Resources ETF 0.0 40 21 8.3 +1.6
TIIV AAM Todd International Intrinsic Value ETF 0.0 54 7 10.0 +3.3
DFUS Dimensional U.S. Equity ETF 0.0 9 52 4.4 -2.3
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.0 3 58 4.7 -2.0
XVV iShares ESG Screened S&P 500 ETF 0.0 8 53 4.5 -2.2
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.0 20 41 4.3 -2.4
DSPY Tema S&P 500 Historical Weight ETF 0.0 18 43 4.7 -2.0
IVV iShares Core S&P 500 ETF 0.0 3 58 4.6 -2.2
SPY SPDR S&P 500 ETF 0.0 9 52 4.5 -2.2
SPYM State Street SPDR Portfolio S&P 500 ETF 0.0 2 59 4.6 -2.2
VOO Vanguard S&P 500 ETF 0.0 3 58 4.5 -2.2
RWL Invesco S&P 500 Revenue ETF 0.0 39 22 6.2 -0.6
RAUS RACWI US ETF 0.0 15 46 4.5 -2.2
AVUS Avantis U.S. Equity ETF 0.0 15 46 5.2 -1.6
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 33 6.0 -0.8
SPXE ProShares S&P 500 Ex-Energy ETF 0.0 9 52 4.4 -2.3
SPXN ProShares S&P 500 Ex-Financials ETF 0.0 9 52 4.3 -2.4
SPXV ProShares S&P 500 Ex-Health Care ETF 0.0 9 52 4.2 -2.5
CATH Global X S&P 500 Catholic Values Custom ETF 0.0 29 32 4.3 -2.4
DTH WisdomTree International High Dividend Fund 0.0 58 3 7.5 +0.8
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.0 58 3 8.8 +2.1
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.0 45 16 6.0 -0.8
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 16 7.2 +0.5
ACWI iShares MSCI ACWI ETF 0.0 32 29 5.0 -1.7
STXV Strive 1000 Value ETF 0.0 18 43 7.1 +0.4
IEUR iShares Core MSCI Europe ETF 0.0 11 50 6.7 -0.0
QVML Invesco S&P 500 QVM Multi-factor ETF 0.0 11 50 4.7 -2.0
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.0 70 -9 6.8 +0.1
SPEU SPDR Portfolio Europe ETF 0.0 7 54 6.8 +0.0
VGK Vanguard FTSE Europe ETF 0.0 6 55 6.9 +0.1
DIVB iShares Core Dividend ETF 0.0 5 56 7.8 +1.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.0 25 36 6.4 -0.3
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.0 20 41 5.8 -0.9
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 21 5.9 -0.9
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.0 80 -19 9.3 +2.6
AVSC Avantis U.S Small Cap Equity ETF 0.0 25 36 5.2 -1.5
AVUV Avantis U.S. Small Cap Value ETF 0.0 25 36 8.8 +2.1
ISMD Inspire Small/Mid Cap ETF 0.0 54 7 5.9 -0.8
VFVA Vanguard U.S. Value Factor ETF 0.0 13 48 10.1 +3.4
FNDA Schwab Fundamental US Small Co. Index ETF 0.0 25 36 6.7 -0.0
SCHA Schwab U.S. Small-Cap ETF 0.0 4 57 4.9 -1.8
FLKR Franklin FTSE South Korea ETF 0.0 9 52 5.5 -1.2
SMOG VanEck Low Carbon Energy ETF 0.0 61 0 1.3 -5.4
EMXC iShares MSCI Emerging Markets ex China ETF 0.0 25 36 5.9 -0.9
EWY iShares MSCI South Korea ETF 0.0 58 3 4.4 -2.4
TOK iShares MSCI Kokusai ETF 0.0 26 35 4.6 -2.1
URTH iShares MSCI World ETF 0.0 24 37 4.7 -2.1
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 57 3.4 -3.3
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 52 4.5 -2.2
RWK Invesco S&P MidCap 400 Revenue ETF 0.0 39 22 8.6 +1.9
DFLV Dimensional US Large Cap Value ETF 0.0 22 39 6.6 -0.2
FMDE Fidelity Enhanced Mid Cap ETF 0.0 23 38 5.7 -1.0
JHMD John Hancock Multifactor Developed International ETF 0.0 39 22 6.5 -0.3
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 52 4.7 -2.0
ACVF American Conservative Values ETF 0.0 75 -14 4.0 -2.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 32 6.0 -0.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.0 41 20 6.4 -0.3
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.0 24 37 7.0 +0.3
GSPY Gotham Enhanced 500 ETF 0.0 50 11 4.8 -1.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.0 20 41 5.1 -1.6
VYMI Vanguard International High Dividend Yield ETF 0.0 17 44 8.4 +1.6
EBI Longview Advantage ETF 0.0 35 26 6.4 -0.3
DFIV Dimensional International Value ETF 0.0 27 34 8.1 +1.4

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 12.5 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 61 bp
Equals: ALTAR Score 6.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.71 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.