Themes European Luxury ETF
ALTAR
Score™		 3.7% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 42.3x P/Sales
ratio		 1.2x
P/BV
ratio		 2.1x Div.
yield		 2.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
FINE tracks an index comprised of companies in Developed Europe that offer luxury goods and services. The index selects and weights holdings towards those companies with most business exposure related to the investment theme.

FUND BASICS
Category Global Equities
Fund Sponsor
Website themesetfs.com/etfs/FINE/
Inception date Dec 15, 2023
Assets (mns) $1
Currency USD
Expense ratio 35 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 23
Wgt avg mkt cap (mns) $40,810
Large cap (>$10bn) 44.2%
Mid cap ($2-10bn) 30.8%
Small cap (<$2bn) 20.3%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
KERING-UNSPONSORED ADR 4.8 %
CAPRI HOLDINGS LIMITED 4.4 %
INTERCONTINENTAL HOTELS GROUP PLC 4.3 %
PORSCHE AUTOMOBIL HLDG-PFD 4.3 %
DOUGLAS AG 4.3 %
SWATCH GROUP LTD. BEARER 4.3 %
MONCLER SPA 4.2 %
LVMH MOET HENNESSY LOUIS VUI 4.2 %
HUGO BOSS AG -ORD 4.2 %
PUIG BRANDS SA-B 4.1 %
Total 43.1 %

TOP COUNTRY EXPOSURE
BRITAIN 24.1 %
ITALY 23.2 %
FRANCE 19.8 %
SWITZERLAND 12.0 %
GERMANY 8.5 %






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.
-1.3% 4.2% -- -- -5.7%

Market Correlations
versus... Beta R-squared
S&P500 1.04 32%
MSCI EAFE 1.33 58%
MSCI Emg. Mkts. 0.87 28%

Technical Indicators
Recent close $22.00
30d moving avg. $21.76
Annualized volatility 21.2%
Short interest (ETF) 0.6%
Relative strength (RSI) 51

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.00%
ADV underlying (mns) $573

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 258 potential alternatives to the Themes European Luxury ETF ETF based on the alternatives' overlap in portfolio holdings with FINE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FINE Expense: 35 bp ALTAR Score™: 3.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FINE
Ticker Fund
Name		 Overlap1
vs FINE
(%)		 Expense
ratio
(bp)		 Savings
vs FINE
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs FINE
(%)
AGQI First Trust Active Global Quality Income ETF 7.4 85 -50 6.1 +2.4
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 7.3 42 -7 4.0 +0.2
EWQ iShares MSCI France ETF 7.0 53 -18 6.3 +2.5
RXI iShares Global Consumer Discretionary ETF 6.6 41 -6 8.0 +4.3
HEDJ WisdomTree Europe Hedged Equity Fund 6.5 58 -23 5.8 +2.1
EWI iShares MSCI Italy ETF 6.2 50 -15 10.4 +6.6
EUDG WisdomTree Europe Quality Dividend Growth Fund 5.2 58 -23 6.2 +2.4
FEOE First Eagle Overseas Equity ETF 5.1 79 -44 5.9 +2.1
IQDG WisdomTree International Quality Dividend Growth Fund 5.0 42 -7 5.5 +1.8
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 5.0 58 -23 5.1 +1.4
OEFA ALPS O’Shares International Developed Quality Dividend ETF 4.9 48 -13 4.7 +1.0
BINV Brandes International ETF 4.9 70 -35 8.1 +4.4
FEZ SPDR EURO STOXX 50 ETF 4.8 29 6 5.5 +1.7
EWL iShares MSCI Switzerland ETF 4.6 50 -15 5.4 +1.7
FLSW Franklin FTSE Switzerland ETF 4.5 9 26 5.6 +1.8
FGM First Trust Germany AlphaDEX Fund 4.3 80 -45 4.9 +1.2
FSZ First Trust Switzerland AlphaDEX Fund 4.0 80 -45 5.1 +1.3
IVSI Applied Finance IVS International Large ETF 3.4 65 -30 5.7 +1.9
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 3.4 65 -30 4.1 +0.3
FEGE First Eagle Global Equity ETF 3.3 79 -44 5.8 +2.1
EZU iShares MSCI Eurozone ETF 3.3 52 -17 5.4 +1.7
HEZU iShares Currency Hedged MSCI Eurozone ETF 3.3 53 -18 5.2 +1.5
ICPY Tweedy, Browne International Insider Value ETF 3.2 80 -45 20.1 +16.4
CBSE Clough Select Equity ETF 3.2 85 -50 0.4 -3.4
QINT American Century Quality Diversified International ETF 3.2 39 -4 6.4 +2.6
BKCI BNY Mellon Concentrated International ETF 3.1 80 -45 4.7 +1.0
IQLT iShares MSCI Intl Quality Factor ETF 3.1 30 5 5.3 +1.6
IEV iShares Europe ETF 3.0 67 -32 5.7 +1.9
IDRV iShares Self-driving EV & Tech ETF 3.0 47 -12 1.5 -2.3
EFG iShares MSCI EAFE Growth ETF 2.7 36 -1 3.7 -0.1
VGK Vanguard FTSE Europe ETF 2.6 6 29 6.3 +2.6
FLEE Franklin FTSE Europe ETF 2.6 9 26 6.1 +2.3
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 2.6 45 -10 5.3 +1.5
AKRE Akre Focus ETF 2.6 106 -71 4.1 +0.4
IEUR iShares Core MSCI Europe ETF 2.6 11 24 6.2 +2.4
BBEU JPMorgan BetaBuilders Europe ETF 2.6 9 26 6.0 +2.3
SPEU SPDR Portfolio Europe ETF 2.5 7 28 6.3 +2.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 2.4 46 -11 5.2 +1.5
COPY Tweedy, Browne Insider + Value ETF 2.3 80 -45 14.0 +10.2
CGXU Capital Group International Focus Equity ETF 2.2 54 -19 3.7 -0.0
UMMA Wahed Dow Jones Islamic World ETF 2.2 65 -30 3.5 -0.2
CEFA Global X S&P Catholic Values Developed ex-US ETF 2.2 35 0 5.4 +1.7
TTAI FCF International Quality ETF 2.0 59 -24 6.9 +3.2
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 1.9 20 15 5.4 +1.6
FICS First Trust International Developed Capital Strength ETF 1.9 70 -35 6.4 +2.7
STXI Strive International Developed Markets ETF 1.8 29 6 6.3 +2.6
DIHP Dimensional International High Profitability ETF 1.8 29 6 5.6 +1.9
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 1.8 14 21 5.1 +1.4
QEFA SPDR MSCI EAFE StrategicFactors ETF 1.8 30 5 5.9 +2.1
EFA iShares MSCI EAFE ETF 1.8 35 0 5.5 +1.8
JIRE JPMorgan International Research Enhanced Equity ETF 1.8 24 11 5.6 +1.8
HEFA iShares Currency Hedged MSCI EAFE ETF 1.8 35 0 5.5 +1.8
EWUS iShares MSCI United Kingdom Small Cap ETF 1.8 59 -24 6.9 +3.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 1.7 40 -5 5.5 +1.8
DWM WisdomTree International Equity Fund 1.7 48 -13 5.4 +1.7
DIVI Franklin International Core Dividend Tilt Index ETF 1.7 9 26 6.4 +2.6
IEFA iShares Core MSCI EAFE ETF 1.6 7 28 5.9 +2.1
DOL WisdomTree International LargeCap Dividend Fund 1.6 48 -13 5.4 +1.7
GSID Goldman Sachs MarketBeta International Equity ETF 1.5 20 15 5.6 +1.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.5 36 -1 5.1 +1.3
HFXI IQ FTSE International Equity Currency Neutral ETF 1.5 20 15 5.5 +1.7
JIG JPMorgan International Growth ETF 1.5 55 -20 3.6 -0.2
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 1.5 12 23 5.1 +1.4
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 1.4 25 10 6.1 +2.4
IDEV iShares Core MSCI International Developed Markets ETF 1.4 4 31 5.8 +2.1
BKIE BNY Mellon International Equity ETF 1.4 4 31 17.4 +13.6
AVSD Avantis Responsible International Equity ETF 1.3 23 12 5.7 +2.0
VEA Vanguard FTSE Developed Markets ETF 1.3 3 32 5.8 +2.0
CGIE Capital Group International Equity ETF 1.3 54 -19 4.4 +0.7
BWEB Bitwise Web3 ETF 1.3 85 -50 -0.1 -3.8
SPDW SPDR Portfolio Developed World ex-US ETF 1.3 3 32 5.7 +2.0
DFSI Dimensional International Sustainability Core 1 ETF 1.3 24 11 5.5 +1.7
FPAG FPA Global Equity ETF 1.3 49 -14 5.4 +1.7
AVIV Avantis International Large Cap Value ETF 1.2 25 10 6.7 +3.0
DFAI Dimensional International Core Equity Market ETF 1.2 18 17 5.9 +2.1
JHMD John Hancock Multifactor Developed International ETF 1.2 39 -4 6.0 +2.2
CWI SPDR MSCI ACWI ex-US ETF 1.1 30 5 6.3 +2.5
IDHQ Invesco S&P International Developed High Quality ETF 1.1 29 6 4.9 +1.1
AVDE Avantis International Equity ETF 1.1 23 12 6.0 +2.3
DFIS Dimensional International Small Cap ETF 1.0 39 -4 6.0 +2.3
ACWX iShares MSCI ACWI ex U.S. ETF 1.0 34 1 6.2 +2.5
CGGO Capital Group Global Growth Equity ETF 1.0 47 -12 3.9 +0.2
ESGD iShares ESG Aware MSCI EAFE ETF 1.0 20 15 5.6 +1.8
WWJD Inspire International ETF 1.0 80 -45 6.1 +2.4
VEU Vanguard FTSE All-World ex-US Index Fund 1.0 4 31 6.5 +2.8
RCGE RockCreek Global Equality ETF 1.0 95 -60 5.7 +1.9
AIVI WisdomTree International AI Enhanced Value Fund 1.0 58 -23 5.9 +2.1
DISV Dimensional International Small Cap Value ETF 1.0 42 -7 7.9 +4.1
DMXF iShares ESG Advanced MSCI EAFE ETF 1.0 12 23 4.8 +1.0
RFDI First Trust Riverfront Dynamic Developed International ETF 1.0 83 -48 7.3 +3.5
IGRO iShares International Dividend Growth ETF 1.0 15 20 6.5 +2.7
VXUS Vanguard Total International Stock ETF 1.0 5 30 6.5 +2.7
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.0 39 -4 6.8 +3.1
IXUS iShares Core MSCI Total International Stock ETF 0.9 7 28 6.4 +2.7
SCHF Schwab International Equity ETF 0.9 6 29 5.8 +2.0
DXIV Dimensional International Vector Equity ETF 0.9 34 1 6.5 +2.7
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.9 20 15 5.5 +1.7
IEUS iShares MSCI Europe Small-Cap ETF 0.9 42 -7 6.6 +2.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.9 41 -6 5.8 +2.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.9 18 17 6.2 +2.4
EFV iShares MSCI EAFE Value ETF 0.9 34 1 7.2 +3.5
DTAN Sparkline International Intangible Value ETF 0.9 55 -20 6.9 +3.2
DIM WisdomTree International MidCap Dividend Fund 0.9 58 -23 6.2 +2.4
DFIC Dimensional International Core Equity 2 ETF 0.9 23 12 6.1 +2.3
DFIV Dimensional International Value ETF 0.9 27 8 7.5 +3.8
INTF iShares International Equity Factor ETF 0.8 15 20 6.3 +2.6
TPIF Timothy Plan International ETF 0.8 62 -27 5.4 +1.7
IMFL Invesco International Developed Dynamic Multifactor ETF 0.8 34 1 5.1 +1.3
KOCG FIS Knights of Columbus Global Belief ETF 0.8 75 -40 4.5 +0.8
JGLO JPMorgan Global Select Equity ETF 0.8 33 2 4.1 +0.4
FRGN Horizon International Equity ETF 0.8 75 -40 7.7 +4.0
AVDV Avantis International Small Cap Value ETF 0.8 36 -1 7.7 +4.0
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.8 25 10 5.9 +2.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.8 56 -21 9.3 +5.6
IDV iShares International Select Dividend ETF 0.8 51 -16 9.0 +5.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.7 45 -10 6.6 +2.8
CGDG Capital Group Dividend Growers ETF 0.7 47 -12 5.0 +1.3
CIL VictoryShares International Volatility Wtd ETF 0.7 45 -10 5.9 +2.1
APIE ActivePassive International Equity ETF 0.7 45 -10 6.2 +2.4
ISCF iShares International SmallCap Equity Factor ETF 0.7 23 12 7.1 +3.4
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.6 47 -12 7.0 +3.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.6 30 5 6.3 +2.6
FNDF Schwab Fundamental International Large Co. Index ETF 0.6 25 10 7.2 +3.4
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.6 20 15 4.6 +0.9
IQSI IQ Candriam International Equity ETF 0.6 15 20 5.4 +1.7
CZAR Themes Natural Monopoly ETF 0.5 35 0 5.2 +1.5
ESGG FlexShares STOXX Global ESG Select Index Fund 0.5 42 -7 3.9 +0.2
HART IQ Healthy Hearts ETF 0.5 45 -10 5.9 +2.2
GEW Cambria Global EW ETF 0.5 29 6 5.2 +1.5
DGT State Street SPDR Global Dow ETF 0.5 50 -15 5.5 +1.7
BLES Inspire Global Hope ETF 0.5 61 -26 5.5 +1.8
VSGX Vanguard ESG International Stock ETF 0.5 10 25 6.4 +2.7
TOK iShares MSCI Kokusai ETF 0.5 26 9 4.2 +0.4
KLMT Invesco MSCI Global Climate 500 ETF 0.4 10 25 4.8 +1.1
URTH iShares MSCI World ETF 0.4 24 11 4.2 +0.5
KOKU Xtrackers MSCI Kokusai Equity ETF 0.4 9 26 4.3 +0.5
UIVM VictoryShares International Value Momentum ETF 0.4 35 0 7.7 +4.0
SCZ iShares MSCI EAFE Small-Cap ETF 0.4 40 -5 6.0 +2.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.4 9 26 4.7 +1.0
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.4 80 -45 9.2 +5.5
ACWI iShares MSCI ACWI ETF 0.4 32 3 4.5 +0.8
NIXT Research Affiliates Deletions ETF 0.4 9 26 5.9 +2.2
VT Vanguard Total World Stock ETF 0.4 6 29 4.9 +1.1
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 -14 5.9 +2.2
FDWM Fidelity Women's Leadership ETF 0.4 59 -24 3.9 +0.2
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.3 25 10 5.4 +1.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 -4 6.6 +2.9
AVDS Avantis International Small Cap Equity ETF 0.3 30 5 5.9 +2.2
IOO iShares Global 100 ETF 0.3 41 -6 3.7 -0.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 23 4.3 +0.6
AQLT iShares MSCI Global Quality Factor ETF 0.3 18 17 0.0 -3.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.3 39 -4 6.1 +2.4
QWLD SPDR MSCI World StrategicFactors ETF 0.3 30 5 5.0 +1.3
GCOW Pacer Global Cash Cows Dividend ETF 0.3 60 -25 9.1 +5.4
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 0.3 55 -20 8.3 +4.6
EWG iShares MSCI Germany ETF 0.3 50 -15 5.8 +2.0
EFAV iShares MSCI EAFE Min Vol Factor ETF 0.3 22 13 5.6 +1.8
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.3 70 -35 4.0 +0.2
SCHC Schwab International Small-Cap Equity ETF 0.3 11 24 6.6 +2.8
FENI Fidelity Enhanced International ETF 0.2 28 7 5.6 +1.8
MILN Global X Millennial Consumer ETF 0.2 50 -15 3.9 +0.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.2 24 11 6.8 +3.0
FEUZ First Trust Eurozone AlphaDEX ETF 0.2 80 -45 6.5 +2.7
IVLU iShares MSCI Intl Value Factor ETF 0.2 30 5 7.8 +4.0
DLS WisdomTree International SmallCap Dividend Fund 0.2 58 -23 7.3 +3.6
OCEN IQ Clean Oceans ETF 0.2 45 -10 4.6 +0.9
GWX SPDR S&P International Small Cap ETF 0.2 40 -5 5.9 +2.2
JPIN J.P. Morgan Diversified Return International Equity ETF 0.2 37 -2 6.9 +3.2
FLGB Franklin FTSE United Kingdom ETF 0.2 9 26 6.5 +2.8
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 8 27 6.3 +2.6
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 -4 7.3 +3.6
WSML iShares MSCI World Small-Cap ETF 0.2 15 20 5.2 +1.4
IWO iShares Russell 2000 Growth ETF 0.2 24 11 0.5 -3.3
FBCG Fidelity Blue Chip Growth ETF 0.2 59 -24 2.2 -1.6
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.1 32 3 5.2 +1.4
VFVA Vanguard U.S. Value Factor ETF 0.1 13 22 8.6 +4.9
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 11 5.7 +1.9
VTWG Vanguard Russell 2000 Growth ETF 0.1 10 25 0.6 -3.1
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.1 8 27 4.4 +0.6
VYMI Vanguard International High Dividend Yield ETF 0.1 17 18 7.7 +3.9
PATN Pacer Nasdaq International Patent Leaders ETF 0.1 65 -30 4.0 +0.3
BKSE BNY Mellon US Small Cap Core Equity ETF 0.1 4 31 14.7 +11.0
IQDF FlexShares International Quality Dividend Index Fund 0.1 47 -12 7.3 +3.5
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.1 9 26 3.4 -0.3
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.1 15 20 6.5 +2.8
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.1 43 -8 4.6 +0.9
VIDI Vident International Equity Strategy ETF 0.1 61 -26 8.2 +4.4
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -54 4.2 +0.4
VCR Vanguard Consumer Discretionary ETF 0.1 9 26 4.4 +0.6
IWM iShares Russell 2000 ETF 0.1 19 16 2.5 -1.3
RSSL Global X Russell 2000 ETF 0.1 8 27 2.5 -1.2
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 10 7.5 +3.7
NUSC Nuveen ESG Small-Cap ETF 0.1 31 4 4.6 +0.9
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.1 35 0 5.6 +1.8
STXK Strive Small-Cap ETF 0.1 18 17 4.9 +1.1
VTWO Vanguard Russell 2000 ETF 0.1 7 28 2.6 -1.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 15 3.7 -0.0
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.1 35 0 6.1 +2.3
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 10 4.3 +0.5
DTH WisdomTree International High Dividend Fund 0.1 58 -23 7.0 +3.3
XJH iShares ESG Screened S&P Mid-Cap ETF 0.1 12 23 5.7 +2.0
ISCV iShares Morningstar Small Cap Value ETF 0.1 6 29 7.2 +3.5
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 0.1 15 20 7.6 +3.8
IJJ iShares S&P Mid-Cap 400 Value ETF 0.1 18 17 7.5 +3.8
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.1 10 25 7.6 +3.9
MDY SPDR S&P Midcap 400 ETF Trust 0.1 23 12 5.7 +2.0
IJH iShares Core S&P Mid-Cap ETF 0.1 5 30 5.9 +2.1
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.1 3 32 5.9 +2.2
IVOO Vanguard S&P Mid-Cap 400 ETF 0.1 7 28 5.9 +2.1
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 -4 3.3 -0.4
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.0 15 20 4.0 +0.3
IJK iShares S&P Mid-Cap 400 Growth ETF 0.0 17 18 4.0 +0.3
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.0 10 25 4.1 +0.3
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.0 17 18 4.7 +1.0
IEDI iShares U.S. Consumer Focused ETF 0.0 18 17 5.2 +1.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 6 5.4 +1.7
SCHA Schwab U.S. Small-Cap ETF 0.0 4 31 4.2 +0.4
VBR Vanguard Small Cap Value ETF 0.0 7 28 7.4 +3.7
DFAS Dimensional U.S. Small Cap ETF 0.0 26 9 5.2 +1.5
SMMD iShares Russell 2500 ETF 0.0 15 20 5.2 +1.5
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 1 5.4 +1.6
AVSU Avantis Responsible U.S. Equity ETF 0.0 15 20 4.7 +1.0
ISCB iShares Morningstar Small-Cap ETF 0.0 4 31 5.1 +1.3
FKU First Trust United Kingdom AlphaDEX Fund 0.0 80 -45 6.9 +3.2
VB Vanguard Small-Cap ETF 0.0 5 30 5.0 +1.2
VXF Vanguard Extended Market ETF 0.0 5 30 3.6 -0.2
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 10 5.9 +2.2
DWMF WisdomTree International Multifactor Fund 0.0 38 -3 6.7 +3.0
SAGP Strategas Global Policy Opportunities ETF 0.0 65 -30 4.6 +0.9
FLAX Franklin FTSE Asia Ex Japan ETF 0.0 19 16 7.1 +3.4
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 10 5.9 +2.2
VPL Vanguard FTSE Pacific ETF 0.0 7 28 5.1 +1.4
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.0 12 23 6.0 +2.2
GLOF iShares Global Equity Factor ETF 0.0 20 15 5.4 +1.7
SFGV Sequoia Global Value ETF 0.0 23 12 6.9 +3.1
DXUV Dimensional US Vector Equity ETF 0.0 28 7 5.0 +1.2
SMLF iShares U.S. SmallCap Equity Factor ETF 0.0 15 20 4.7 +1.0
AVUS Avantis U.S. Equity ETF 0.0 15 20 4.6 +0.8
EWU iShares MSCI United Kingdom ETF 0.0 50 -15 7.0 +3.3
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 17 4.5 +0.7
DSI iShares MSCI KLD 400 Social ETF 0.0 25 10 4.0 +0.3
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.0 12 23 3.8 +0.0
VTHR Vanguard Russell 3000 ETF 0.0 7 28 4.0 +0.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 18 4.5 +0.8
DFUS Dimensional U.S. Equity ETF 0.0 9 26 4.0 +0.2
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.0 3 32 4.2 +0.5
IUSV iShares Core S&P US Value ETF 0.0 4 31 5.7 +1.9
SCHB Schwab U.S. Broad Market ETF 0.0 3 32 4.1 +0.4
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 26 4.0 +0.3
IWV iShares Russell 3000 ETF 0.0 20 15 3.9 +0.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 32 4.0 +0.3
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 31 3.0 -0.7
VTI Vanguard Total Stock Market ETF 0.0 3 32 4.0 +0.3
DCOR Dimensional US Core Equity 1 ETF 0.0 14 21 4.4 +0.7
DFAU Dimensional US Core Equity Market ETF 0.0 12 23 4.2 +0.4
EBI Longview Advantage ETF 0.0 35 0 5.7 +1.9
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 10 4.7 +1.0
GINN Goldman Sachs Innovate Equity ETF 0.0 52 -17 3.6 -0.2

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

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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

Content on this tab for subscribers only

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:		 Themes European Luxury ETF
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 8.4 %
Divided by: Fwd. P/BV 2.0 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 3.7 %
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.