VanEck Digital Transformation ETF
ALTAR
Score™		 0.0% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 32.4x P/Sales
ratio		 11.6x
P/BV
ratio		 0.0x Div.
yield		 2.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
DAPP tracks a market-cap-weighted index of global innovative companies that are involved in the digitalization of the worlds economy through a diverse range of digital assets.

FUND BASICS
Category Global Equities
Fund Sponsor Van Eck Associates Corp.
Website www.vaneck.com
Inception date Apr 09, 2021
Assets (mns) $239
Currency USD
Expense ratio 50 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 23
Wgt avg mkt cap (mns) $10,690
Large cap (>$10bn) 29.0%
Mid cap ($2-10bn) 10.9%
Small cap (<$2bn) 60.1%
Developed mkts 92.3%
Emerging mkts 7.7%

TOP TEN HOLDINGS
BLOCK INC. 10.1 %
COINBASE GLOBAL, INC. CLASS A 9.0 %
BITMINE IMMERSION TECHNOLOGI 6.6 %
CIRCLE INTERNET GROUP INC 5.6 %
IREN LTD 5.5 %
CIPHER MINING INC 5.4 %
HUT 8 CORP 5.1 %
RIOT BLOCKCHAIN INC 5.1 %
FIGURE TECHNOLOGY SOLUT-CL A 4.8 %
CLEANSPARK, INC. 4.8 %
Total 62.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 82.6 %
AUSTRALIA 5.6 %
CANADA 5.1 %
JAPAN 3.9 %
CHINA 3.0 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
6.7% 0.7% -3.5% -- -9.1%

Market Correlations
versus... Beta R-squared
S&P500 3.32 43%
MSCI EAFE 2.16 28%
MSCI Emg. Mkts. 1.63 38%

Technical Indicators
Recent close $18.44
30d moving avg. $18.89
Annualized volatility 79.3%
Short interest (ETF) 5.4%
Relative strength (RSI) 46

Liquidity measures
Avg. volume (thou.) 309
Turnover 2.4%
Bid/Ask (% of price) 0.14%
ADV underlying (mns) $8,037

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 380 potential alternatives to the VanEck Digital Transformation ETF ETF based on the alternatives' overlap in portfolio holdings with DAPP. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: DAPP Expense: 50 bp ALTAR Score™: 0.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH DAPP
Ticker Fund
Name		 Overlap1
vs DAPP
(%)		 Expense
ratio
(bp)		 Savings
vs DAPP
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs DAPP
(%)
BITQ Bitwise Crypto Industry Innovators ETF 63.6 85 -35 -2.3 -2.3
IBLC iShares Blockchain and Tech ETF 58.7 47 3 -1.3 -1.3
MNRS Grayscale Bitcoin Miners ETF 50.2 59 -9 -2.3 -2.3
WGMI Valkyrie Bitcoin Miners ETF 41.6 75 -25 -2.8 -2.8
FDIG Fidelity Crypto Industry and Digital Payments ETF 39.6 39 11 -1.2 -1.2
BLOK Amplify Transformational Data Sharing ETF 36.4 75 -25 -0.1 -0.1
SATO Invesco Alerian Galaxy Crypto Economy ETF 35.8 61 -11 -0.7 -0.7
BCOR Grayscale Bitcoin Adopters ETF 35.0 59 -9 2.2 +2.2
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF 28.6 85 -35 0.0 0.0
BWEB Bitwise Web3 ETF 24.8 85 -35 -0.1 -0.1
FINX Global X FinTech ETF 23.8 68 -18 2.8 +2.8
STCE Schwab Crypto Thematic ETF 17.8 30 20 2.7 +2.7
WTRE WisdomTree New Economy Real Estate Fund 17.4 58 -8 -0.3 -0.3
IVRS iShares Future Metaverse Tech and Communications ETF 14.7 47 3 5.2 +5.2
ARKF ARK Fintech Innovation ETF 14.5 75 -25 0.3 +0.3
BUZZ VanEck Social Sentiment ETF 12.6 75 -25 -0.7 -0.7
ARKW ARK Next Generation Internet ETF 12.1 87 -37 0.6 +0.6
ARKK ARK Innovation ETF 11.8 75 -25 -2.8 -2.8
TCAI Tortoise AI Infrastructure ETF 11.7 65 -15 1.3 +1.3
SPRX Spear Alpha ETF 9.0 75 -25 -0.8 -0.8
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 8.0 75 -25 5.6 +5.6
AGIX KraneShares Artificial Intelligence and Technology ETF 7.5 99 -49 1.1 +1.1
FDFF Fidelity Disruptive Finance ETF 7.0 50 0 5.0 +5.0
XSW State Street SPDR S&P Software & Services ETF 6.9 35 15 2.5 +2.5
BPAY BlackRock Future Financial and Technology ETF 6.7 70 -20 4.8 +4.8
SAMM Strategas Macro Momentum ETF 5.9 66 -16 3.9 +3.9
CBSE Clough Select Equity ETF 5.8 85 -35 0.4 +0.4
MVPA Miller Value Partners Appreciation ETF 5.1 60 -10 9.2 +9.2
TIME Clockwise Core Equity & Innovation ETF 4.9 95 -45 2.1 +2.1
GVIP Goldman Sachs Hedge Industry VIP ETF 4.6 45 5 2.4 +2.4
KBWR Invesco KBW Regional Banking ETF 4.5 35 15 8.4 +8.4
METV Roundhill Ball Metaverse ETF 4.0 59 -9 7.9 +7.9
YALL God Bless America ETF 3.8 65 -15 4.4 +4.4
FNY First Trust Mid Cap Growth AlphaDEX Fund 3.6 70 -20 2.0 +2.0
IGV iShares Expanded Tech-Software Sector ETF 3.6 41 9 3.2 +3.2
BJK VanEck Gaming ETF 3.5 65 -15 4.6 +4.6
PSCT Invesco S&P SmallCap Information Technology ETF 3.5 29 21 2.9 +2.9
DAT ProShares Big Data Refiners ETF 3.4 58 -8 2.7 +2.7
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 3.3 20 30 0.8 +0.8
BCDF Horizon Kinetics Blockchain Development ETF 3.3 85 -35 3.7 +3.7
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF 3.1 40 10 3.9 +3.9
GINN Goldman Sachs Innovate Equity ETF 3.1 52 -2 3.6 +3.6
AIPO Defiance AI & Power Infrastructure ETF 3.0 69 -19 0.8 +0.8
IPO Renaissance IPO ETF 3.0 60 -10 1.6 +1.6
GRNJ Fundstrat Granny Shots US Small & Mid Cap ETF 2.9 75 -25 1.9 +1.9
DTCR Global X Data Center & Digital Infrastructure ETF 2.9 50 0 3.4 +3.4
KCE State Street SPDR S&P Capital Markets ETF 2.7 35 15 5.5 +5.5
SPHB Invesco S&P 500 High Beta ETF 2.5 25 25 3.5 +3.5
ALTL Pacer Lunt Large Cap Alternator ETF 2.5 60 -10 4.7 +4.7
MILN Global X Millennial Consumer ETF 2.5 50 0 3.9 +3.9
FXL First Trust Technology AlphaDEX Fund 2.3 61 -11 4.8 +4.8
CLOD Themes Cloud Computing ETF 2.3 35 15 2.9 +2.9
RSPF Invesco S&P 500 Equal Weight Financials ETF 2.3 40 10 5.9 +5.9
BKSE BNY Mellon US Small Cap Core Equity ETF 2.2 4 46 14.7 +14.7
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 2.2 9 41 3.4 +3.4
FFF Founders 100 ETF 2.2 75 -25 2.4 +2.4
IVES Wedbush ETFMG Global Cloud Technology ETF 2.0 68 -18 3.5 +3.5
VBK Vanguard Small-Cap Growth ETF 2.0 7 43 1.2 +1.2
LOGO Alpha Brands Consumption Leaders ETF 1.9 69 -19 2.6 +2.6
SPGP Invesco S&P 500 GARP ETF 1.9 34 16 5.4 +5.4
FNX First Trust Mid Cap Core AlphaDEX Fund 1.7 60 -10 5.9 +5.9
VOT Vanguard Mid-Cap Growth ETF 1.7 7 43 3.0 +3.0
ERTH Invesco MSCI Sustainable Future ETF 1.7 62 -12 3.2 +3.2
ISCG iShares Morningstar Small-Cap Growth ETF 1.7 6 44 2.6 +2.6
FFND Future Fund Active ETF 1.7 100 -50 4.2 +4.2
IWO iShares Russell 2000 Growth ETF 1.6 24 26 0.5 +0.5
ANEW ProShares MSCI Transformational Changes ETF 1.6 45 5 4.2 +4.2
MFVL Motley Fool Value Factor ETF 1.6 50 0 5.4 +5.4
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.6 65 -15 4.6 +4.6
JHSC John Hancock Multifactor Small Cap ETF 1.6 42 8 5.7 +5.7
FDNI First Trust Dow Jones International Internet ETF 1.5 65 -15 23.9 +23.9
WAR U.S. Global Tech and Aerospace & Defense ETF 1.5 60 -10 0.1 +0.1
SMOT VanEck Morningstar SMID Moat ETF 1.4 49 1 6.1 +6.1
FTCE First Trust New Constructs Core Earnings Leaders ETF 1.4 60 -10 4.5 +4.5
RSSL Global X Russell 2000 ETF 1.4 8 42 2.5 +2.5
CGGR Capital Group Growth ETF 1.4 39 11 2.6 +2.6
IWM iShares Russell 2000 ETF 1.4 19 31 2.5 +2.5
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 1.4 57 -7 2.3 +2.3
VTWG Vanguard Russell 2000 Growth ETF 1.3 10 40 0.6 +0.6
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.3 64 -14 1.2 +1.2
VXF Vanguard Extended Market ETF 1.3 5 45 3.6 +3.6
VTWO Vanguard Russell 2000 ETF 1.3 7 43 2.6 +2.6
GRNY Fundstrat Granny Shots US Large Cap ETF 1.2 75 -25 2.1 +2.1
RNIN Bushido Capital US SMID Cap Equity ETF 1.2 70 -20 9.2 +9.2
IWN iShares Russell 2000 Value ETF 1.2 24 26 4.4 +4.4
IMCG iShares Morningstar Mid-Cap Growth ETF 1.2 6 44 3.2 +3.2
GRPZ Invesco S&P SmallCap 600 GARP ETF 1.2 35 15 5.5 +5.5
SMMD iShares Russell 2500 ETF 1.2 15 35 5.2 +5.2
VTWV Vanguard Russell 2000 Value ETF 1.2 10 40 4.6 +4.6
IWS iShares Russell Mid-Cap Value ETF 1.2 23 27 5.7 +5.7
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 1.2 60 -10 5.9 +5.9
ISCB iShares Morningstar Small-Cap ETF 1.2 4 46 5.1 +5.1
DTEC ALPS Disruptive Technologies ETF 1.2 50 0 3.4 +3.4
XDAT Franklin Exponential Data ETF 1.1 50 0 1.1 +1.1
AVMC Avantis U.S. Mid Cap Equity ETF 1.1 18 32 5.8 +5.8
HYP Golden Eagle Dynamic Hypergrowth ETF 1.1 85 -35 -0.8 -0.8
STXK Strive Small-Cap ETF 1.1 18 32 4.9 +4.9
PNQI Invesco NASDAQ Internet ETF 1.1 60 -10 3.7 +3.7
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.1 20 30 3.7 +3.7
TRFM AAM Transformers ETF 1.0 49 1 0.9 +0.9
FNCL Fidelity MSCI Financials Index ETF 1.0 8 42 5.7 +5.7
XITK State Street SPDR FactSet Innovative Technology ETF 1.0 45 5 0.1 +0.1
FYC First Trust Small Cap Growth AlphaDEX Fund 1.0 71 -21 -0.6 -0.6
SFYF SoFi Social 50 ETF 1.0 29 21 0.8 +0.8
PTF Invesco Dorsey Wright Technology Momentum ETF 1.0 60 -10 -1.0 -1.0
VO Vanguard Mid-Cap ETF 1.0 4 46 20.3 +20.3
JSML Janus Henderson Small Cap Growth Alpha ETF 1.0 30 20 2.5 +2.5
EZM WisdomTree U.S. MidCap Fund 1.0 38 12 7.6 +7.6
VB Vanguard Small-Cap ETF 1.0 5 45 5.0 +5.0
XLF Financial Select Sector SPDR 1.0 8 42 5.3 +5.3
IWR iShares Russell Midcap ETF 0.9 19 31 5.1 +5.1
XSVM Invesco S&P SmallCap Value with Momentum ETF 0.9 36 14 7.6 +7.6
QQQJ Invesco NASDAQ Next Gen 100 ETF 0.9 15 35 3.7 +3.7
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.9 4 46 16.4 +16.4
VFMO Vanguard U.S. Momentum Factor ETF 0.9 13 37 1.7 +1.7
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.9 95 -45 -0.6 -0.6
FTEC Fidelity MSCI Information Technology Index ETF 0.9 8 42 3.0 +3.0
VFH Vanguard Financials ETF 0.9 9 41 5.7 +5.7
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.9 40 10 2.8 +2.8
FMKT The Free Markets ETF 0.9 76 -26 4.1 +4.1
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.9 60 -10 -0.9 -0.9
ITAN Sparkline Intangible Value ETF 0.8 50 0 5.5 +5.5
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.8 17 33 4.7 +4.7
XT iShares Exponential Technologies ETF 0.8 46 4 3.9 +3.9
IMCB iShares Morningstar Mid-Cap ETF 0.8 4 46 5.0 +5.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.8 9 41 5.0 +5.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.8 7 43 5.1 +5.1
IYF iShares U.S. Financials ETF 0.8 40 10 5.3 +5.3
WLDR Affinity World Leaders Equity ETF 0.8 67 -17 5.5 +5.5
VGT Vanguard Information Technology ETF 0.7 9 41 24.4 +24.4
SIZE iShares MSCI USA Size Factor ETF 0.7 15 35 5.3 +5.3
STXM Strive Mid-Cap ETF 0.7 18 32 5.9 +5.9
EUSA iShares MSCI USA Equal Weighted ETF 0.7 9 41 5.3 +5.3
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 0.7 35 15 3.3 +3.3
LCLG Logan Capital Broad Innovative Growth ETF 0.7 99 -49 2.8 +2.8
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.7 25 25 7.2 +7.2
ISCV iShares Morningstar Small Cap Value ETF 0.7 6 44 7.2 +7.2
FESM Fidelity Enhanced Small Cap ETF 0.6 28 22 2.1 +2.1
CRTC Xtrackers US National Critical Technologies ETF 0.6 35 15 4.0 +4.0
WSML iShares MSCI World Small-Cap ETF 0.6 15 35 5.2 +5.2
PTL Inspire 500 ETF 0.6 9 41 4.3 +4.3
QNXT iShares Nasdaq-100 ex Top 30 ETF 0.6 20 30 4.0 +4.0
IEDI iShares U.S. Consumer Focused ETF 0.6 18 32 5.2 +5.2
IYG iShares US Financial Services ETF 0.6 40 10 4.9 +4.9
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 0.5 15 35 3.4 +3.4
AIQ Global X Artificial Intelligence & Technology ETF 0.5 68 -18 2.7 +2.7
RPV Invesco S&P 500 Pure Value ETF 0.5 35 15 8.4 +8.4
IJT iShares S&P Small-Cap 600 Growth ETF 0.5 18 32 3.4 +3.4
XJR iShares ESG Screened S&P Small-Cap ETF 0.5 12 38 5.7 +5.7
IETC iShares U.S. Tech Independence Focused ETF 0.5 18 32 3.0 +3.0
VOE Vanguard Mid-Cap Value ETF 0.5 7 43 6.5 +6.5
QGRW WisdomTree U.S. Quality Growth Fund 0.5 28 22 2.8 +2.8
DFAS Dimensional U.S. Small Cap ETF 0.5 26 24 5.2 +5.2
IXG iShares Global Financials ETF 0.5 42 8 5.7 +5.7
IGPT Invesco AI and Next Gen Software ETF 0.5 60 -10 2.4 +2.4
IYJ iShares U.S. Industrials ETF 0.5 40 10 3.8 +3.8
IJR iShares Core S&P Small Cap ETF 0.5 6 44 5.9 +5.9
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 0.5 3 47 5.9 +5.9
VIOO Vanguard S&P Small-Cap 600 ETF 0.5 7 43 5.7 +5.7
IGM iShares Expanded Tech Sector ETF 0.5 41 9 2.6 +2.6
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.5 24 26 5.7 +5.7
ONEQ Fidelity Nasdaq Composite Index ETF 0.5 21 29 2.9 +2.9
JHMM John Hancock Multifactor Mid Cap ETF 0.4 42 8 5.2 +5.2
SCHG Schwab U.S. Large-Cap Growth ETF 0.4 4 46 3.3 +3.3
IMCV iShares Morningstar Mid-Cap Value ETF 0.4 6 44 6.6 +6.6
XOEF iShares S&P 500 ex S&P 100 ETF 0.4 20 30 4.5 +4.5
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.4 10 40 3.4 +3.4
FYX First Trust Small Cap Core AlphaDEX Fund 0.4 61 -11 4.9 +4.9
EES WisdomTree U.S. SmallCap Fund 0.4 38 12 7.3 +7.3
FPX First Trust US Equity Opportunities ETF 0.4 61 -11 0.8 +0.8
IWD iShares Russell 1000 Value ETF 0.4 19 31 5.0 +5.0
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 30 5.6 +5.6
USEW Cambria US EW ETF 0.4 30 20 4.0 +4.0
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.4 40 10 3.4 +3.4
VFVA Vanguard U.S. Value Factor ETF 0.4 13 37 8.6 +8.6
VONV Vanguard Russell 1000 Value ETF 0.4 7 43 5.1 +5.1
IJS iShares S&P Small-Cap 600 Value ETF 0.4 18 32 8.3 +8.3
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.4 10 40 8.4 +8.4
SLYV State Street SPDR S&P 600 Small Cap Value ETF 0.4 15 35 8.4 +8.4
ETHO Etho Climate Leadership U.S. ETF 0.4 47 3 3.9 +3.9
BUYZ Franklin Disruptive Commerce ETF 0.4 50 0 2.4 +2.4
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.4 35 15 6.7 +6.7
IYW iShares U.S. Technology ETF 0.4 40 10 2.9 +2.9
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 0.4 60 -10 3.2 +3.2
VLUE iShares MSCI USA Value Factor ETF 0.4 15 35 6.1 +6.1
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.4 15 35 5.8 +5.8
PDP Invesco Dorsey Wright Momentum ETF 0.4 62 -12 1.5 +1.5
FDN First Trust Dow Jones Internet Index Fund 0.3 52 -2 2.6 +2.6
FDND FT Vest Dow Jones Internet & Target Income ETF 0.3 75 -25 2.5 +2.5
NANC Unusual Whales Subversive Democratic Trading ETF 0.3 75 -25 2.8 +2.8
FBCG Fidelity Blue Chip Growth ETF 0.3 59 -9 2.2 +2.2
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 25 4.7 +4.7
ESGV Vanguard ESG U.S. Stock ETF 0.3 9 41 4.0 +4.0
GVUS Marketbeta Russell 1000 Value Equity ETF 0.3 12 38 5.1 +5.1
GLBL Pacer MSCI World Industry Advantage ETF 0.3 65 -15 3.3 +3.3
EQAL Invesco Russell 1000 Equal Weight ETF 0.3 20 30 5.9 +5.9
AVMV Avantis U.S. Mid Cap Value ETF 0.3 20 30 7.0 +7.0
IWP iShares Russell Mid-Cap Growth ETF 0.3 23 27 2.9 +2.9
PRXG Praxis Impact Large Cap Growth ETF 0.3 36 14 3.1 +3.1
VTHR Vanguard Russell 3000 ETF 0.3 7 43 4.0 +4.0
IWV iShares Russell 3000 ETF 0.3 20 30 3.9 +3.9
GEW Cambria Global EW ETF 0.3 29 21 5.2 +5.2
ILCG iShares Morningstar Growth ETF 0.3 4 46 3.1 +3.1
VEGN US Vegan Climate ETF 0.3 60 -10 3.3 +3.3
VTI Vanguard Total Stock Market ETF 0.3 3 47 4.0 +4.0
VOOV Vanguard S&P 500 Value ETF 0.3 7 43 5.5 +5.5
IVE iShares S&P 500 Value ETF 0.3 18 32 5.4 +5.4
MODL VictoryShares WestEnd U.S. Sector ETF 0.3 42 8 3.9 +3.9
FMDE Fidelity Enhanced Mid Cap ETF 0.3 23 27 5.1 +5.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 39 4.0 +4.0
SPYV State Street SPDR Portfolio S&P 500 Value ETF 0.3 4 46 5.5 +5.5
SMLF iShares U.S. SmallCap Equity Factor ETF 0.3 15 35 4.7 +4.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 47 4.0 +4.0
SCHA Schwab U.S. Small-Cap ETF 0.2 4 46 4.2 +4.2
VUG Vanguard Growth ETF 0.2 4 46 20.3 +20.3
IUSV iShares Core S&P US Value ETF 0.2 4 46 5.7 +5.7
XMAG Defiance Large Cap ex-Mag 7 ETF 0.2 35 15 4.1 +4.1
AVUQ Avantis U.S. Quality ETF 0.2 15 35 3.6 +3.6
GOP Unusual Whales Subversive Republican Trading ETF 0.2 50 0 4.1 +4.1
YNOT Horizon Digital Frontier ETF 0.2 75 -25 2.5 +2.5
AOTG AOT Growth and Innovation ETF 0.2 75 -25 1.2 +1.2
IWB iShares Russell 1000 ETF 0.2 15 35 4.0 +4.0
VONE Vanguard Russell 1000 ETF 0.2 7 43 4.1 +4.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.2 7 43 4.0 +4.0
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 50 12.2 +12.2
BLES Inspire Global Hope ETF 0.2 61 -11 5.5 +5.5
SPXT ProShares S&P 500 Ex-Technology ETF 0.2 9 41 4.8 +4.8
PBUS Invesco MSCI USA ETF 0.2 4 46 4.1 +4.1
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.2 40 10 5.1 +5.1
CFA VictoryShares US 500 Volatility Wtd ETF 0.2 35 15 5.1 +5.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 17 33 4.5 +4.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 48 4.1 +4.1
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.2 10 40 4.1 +4.1
QGRO American Century U.S. Quality Growth ETF 0.2 29 21 3.9 +3.9
DFSU Dimensional US Sustainability Core 1 ETF 0.2 18 32 4.5 +4.5
AVSC Avantis U.S Small Cap Equity ETF 0.2 25 25 4.3 +4.3
VOTE TCW Transform 500 ETF 0.2 5 45 4.0 +4.0
RWL Invesco S&P 500 Revenue ETF 0.2 39 11 5.5 +5.5
DCOR Dimensional US Core Equity 1 ETF 0.2 14 36 4.4 +4.4
STXG Strive 1000 Growth ETF 0.2 18 32 3.2 +3.2
GVLU Gotham 1000 Value ETF 0.2 50 0 7.8 +7.8
VBR Vanguard Small Cap Value ETF 0.2 7 43 7.4 +7.4
GXPT Global X PureCap MSCI Information Technology ETF 0.2 25 25 3.2 +3.2
AVUS Avantis U.S. Equity ETF 0.2 15 35 4.6 +4.6
DFAU Dimensional US Core Equity Market ETF 0.2 12 38 4.2 +4.2
STXV Strive 1000 Value ETF 0.2 18 32 6.6 +6.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 41 4.7 +4.7
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 47 4.0 +4.0
VT Vanguard Total World Stock ETF 0.2 6 44 4.9 +4.9
GXLC Global X U.S. 500 ETF 0.2 2 48 4.0 +4.0
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 36 4.0 +4.0
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.2 19 31 4.6 +4.6
TOV JLens 500 Jewish Advocacy U.S. ETF 0.2 18 32 3.8 +3.8
DXUV Dimensional US Vector Equity ETF 0.2 28 22 5.0 +5.0
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 41 4.3 +4.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.2 39 11 6.7 +6.7
VV Vanguard Large-Cap ETF 0.2 4 46 4.0 +4.0
IYY iShares Dow Jones U.S. ETF 0.2 20 30 4.0 +4.0
DSPY Tema S&P 500 Historical Weight ETF 0.2 18 32 4.3 +4.3
SCHB Schwab U.S. Broad Market ETF 0.2 3 47 4.1 +4.1
TMFC Motley Fool 100 Index ETF 0.2 50 0 2.9 +2.9
SCHK Schwab 1000 Index ETF 0.2 5 45 4.1 +4.1
JHML John Hancock Multifactor Large Cap ETF 0.2 29 21 4.3 +4.3
SCHX Schwab U.S. Large-Cap ETF 0.2 3 47 4.2 +4.2
DFLV Dimensional US Large Cap Value ETF 0.2 22 28 5.8 +5.8
QQQ Invesco QQQ Trust Series I 0.2 20 30 3.2 +3.2
AVLV Avantis U.S. Large Cap Value ETF 0.2 15 35 5.6 +5.6
QQQM Invesco NASDAQ 100 ETF 0.2 15 35 3.2 +3.2
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.2 12 38 6.0 +6.0
DFUS Dimensional U.S. Equity ETF 0.2 9 41 4.0 +4.0
MNZL Manzil Russell Halal USA Broad MarketETF 0.2 40 10 3.8 +3.8
APUE ActivePassive U.S. Equity ETF 0.2 45 5 3.8 +3.8
IUS Invesco RAFI Strategic US ETF 0.2 19 31 5.3 +5.3
SFY SoFi Select 500 ETF 0.1 0 50 3.7 +3.7
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 8 3.4 +3.4
TOPC iShares S&P 500 3% Capped ETF 0.1 15 35 4.2 +4.2
FNDA Schwab Fundamental US Small Co. Index ETF 0.1 25 25 5.8 +5.8
TOK iShares MSCI Kokusai ETF 0.1 26 24 4.2 +4.2
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 41 3.8 +3.8
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 41 3.9 +3.9
PRF Invesco FTSE RAFI US 1000 ETF 0.1 34 16 5.4 +5.4
DFUV Dimensional US Marketwide Value ETF 0.1 22 28 5.8 +5.8
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.1 49 1 7.5 +7.5
DFSV Dimensional US Small Cap Value ETF 0.1 31 19 8.3 +8.3
XVV iShares ESG Screened S&P 500 ETF 0.1 8 42 4.0 +4.0
URTH iShares MSCI World ETF 0.1 24 26 4.2 +4.2
CHRI Global X S&P 500 Christian Values ETF 0.1 29 21 3.8 +3.8
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 39 4.2 +4.2
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 21 3.9 +3.9
EPS WisdomTree U.S. LargeCap Fund 0.1 8 42 4.6 +4.6
QQMG Invesco ESG NASDAQ 100 ETF 0.1 20 30 3.1 +3.1
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.1 3 47 4.2 +4.2
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 30 3.9 +3.9
RVRB Reverb ETF 0.1 30 20 3.6 +3.6
RAUS RACWI US ETF 0.1 15 35 4.0 +4.0
AVDS Avantis International Small Cap Equity ETF 0.1 30 20 5.9 +5.9
KLMN Invesco MSCI North America Climate ETF 0.1 9 41 4.2 +4.2
TEXN iShares Texas Equity ETF 0.1 20 30 5.1 +5.1
IVV iShares Core S&P 500 ETF 0.1 3 47 4.1 +4.1
SPY SPDR S&P 500 ETF 0.1 9 41 4.0 +4.0
VOO Vanguard S&P 500 ETF 0.1 3 47 4.1 +4.1
SPYM State Street SPDR Portfolio S&P 500 ETF 0.1 2 48 4.1 +4.1
PRXV Praxis Impact Large Cap Value ETF 0.1 36 14 5.3 +5.3
ACWI iShares MSCI ACWI ETF 0.1 32 18 4.5 +4.5
IWX iShares Russell Top 200 Value ETF 0.1 20 30 4.7 +4.7
VTV Vanguard Value ETF 0.1 4 46 5.6 +5.6
AVSU Avantis Responsible U.S. Equity ETF 0.1 15 35 4.7 +4.7
ACVF American Conservative Values ETF 0.1 75 -25 3.6 +3.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 30 4.6 +4.6
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.1 20 30 5.8 +5.8
EQL Alps Equal Sector Weight ETF 0.1 25 25 5.0 +5.0
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 11 3.3 +3.3
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.1 12 38 3.5 +3.5
USXF iShares ESG Advanced MSCI USA ETF 0.1 10 40 3.7 +3.7
ILCV iShares Morningstar Value ETF 0.1 4 46 5.1 +5.1
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.1 35 15 4.6 +4.6
SSPY Syntax Stratified LargeCap ETF 0.1 30 20 5.8 +5.8
OALC OneAscent Large Cap Core ETF 0.1 86 -36 3.2 +3.2
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 43 4.3 +4.3
TXS Texas Capital Texas Equity Index ETF 0.1 49 1 4.8 +4.8
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -25 3.1 +3.1
ENHU iShares Enhanced Large Cap Core Active ETF 0.1 22 28 4.0 +4.0
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 10 6.0 +6.0
GSID Goldman Sachs MarketBeta International Equity ETF 0.1 20 30 5.6 +5.6
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 40 4.8 +4.8
BKIE BNY Mellon International Equity ETF 0.1 4 46 17.4 +17.4
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.1 58 -8 5.1 +5.1
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 35 4.1 +4.1
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 32 5.2 +5.2
MTUM iShares MSCI USA Momentum Factor ETF 0.1 15 35 2.3 +2.3
HLAL Wahed FTSE USA Shariah ETF 0.1 50 0 3.5 +3.5
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.1 15 35 4.9 +4.9
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.1 8 42 4.3 +4.3
FNDB Schwab Fundamental US Broad Market Index ETF 0.1 25 25 5.9 +5.9
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 41 4.2 +4.2
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 25 5.9 +5.9
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 32 5.4 +5.4
FELC Fidelity Enhanced Large Cap Core ETF 0.1 18 32 4.2 +4.2
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 18 3.8 +3.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.1 39 11 2.1 +2.1
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.1 25 25 5.4 +5.4
IWL iShares Russell Top 200 ETF 0.1 15 35 3.8 +3.8
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 38 4.3 +4.3
AIEQ AI Powered Equity ETF 0.1 75 -25 3.6 +3.6
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.1 18 32 6.2 +6.2
SCJ iShares MSCI Japan Small-Cap ETF 0.0 50 0 5.4 +5.4
GSPY Gotham Enhanced 500 ETF 0.0 50 0 4.2 +4.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 47 5.7 +5.7
EWX SPDR S&P Emerging Markets Small Cap ETF 0.0 65 -15 6.7 +6.7
HDUS Hartford Disciplined US Equity ETF 0.0 19 31 4.6 +4.6
USMV iShares MSCI USA Min Vol Factor ETF 0.0 15 35 5.2 +5.2
SCHC Schwab International Small-Cap Equity ETF 0.0 11 39 6.6 +6.6
IPAC iShares Core MSCI Pacific ETF 0.0 9 41 5.3 +5.3
VONG Vanguard Russell 1000 Growth ETF 0.0 7 43 3.7 +3.7
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 20 5.0 +5.0
ISCF iShares International SmallCap Equity Factor ETF 0.0 23 27 7.1 +7.1
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.0 9 41 4.1 +4.1
FLJH Franklin FTSE Japan Hedged ETF 0.0 9 41 5.0 +5.0
FLJP Franklin FTSE Japan ETF 0.0 9 41 5.2 +5.2
IWF iShares Russell 1000 Growth ETF 0.0 19 31 14.7 +14.7
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.0 12 38 3.8 +3.8
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.0 10 40 3.6 +3.6
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.0 8 42 6.3 +6.3
DFAT Dimensional U.S. Targeted Value ETF 0.0 28 22 8.1 +8.1
VPL Vanguard FTSE Pacific ETF 0.0 7 43 5.1 +5.1
GXC SPDR S & P China ETF 0.0 59 -9 18.7 +18.7
IEFA iShares Core MSCI EAFE ETF 0.0 7 43 5.9 +5.9
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.0 49 1 5.9 +5.9
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 33 6.2 +6.2
IDEV iShares Core MSCI International Developed Markets ETF 0.0 4 46 5.8 +5.8
VSGX Vanguard ESG International Stock ETF 0.0 10 40 6.4 +6.4
VEA Vanguard FTSE Developed Markets ETF 0.0 3 47 5.8 +5.8
DFVX Dimensional US Large Cap Vector ETF 0.0 22 28 5.1 +5.1
VXUS Vanguard Total International Stock ETF 0.0 5 45 6.5 +6.5
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 43 9.4 +9.4
IXUS iShares Core MSCI Total International Stock ETF 0.0 7 43 6.4 +6.4
VEU Vanguard FTSE All-World ex-US Index Fund 0.0 4 46 6.5 +6.5
EBI Longview Advantage ETF 0.0 35 15 5.7 +5.7
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -40 3.0 +3.0
TEKX SPDR Galaxy Transformative Tech Accelerators ETF 0.0 65 -15 0.0 0.0

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:		 VanEck Digital Transformation ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity -24.4 %
Divided by: Fwd. P/BV 0.0 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 0.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.47 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.