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 1.23 35%
MSCI EAFE 1.25 60%
MSCI Emg. Mkts. 0.92 34%

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 267 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
(%)
EWQ iShares MSCI France ETF 7.5 53 -18 6.5 +2.8
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 7.0 42 -7 4.1 +0.3
EWI iShares MSCI Italy ETF 6.4 50 -15 10.8 +7.1
HEDJ WisdomTree Europe Hedged Equity Fund 6.4 58 -23 5.9 +2.2
AGQI First Trust Active Global Quality Income ETF 6.4 85 -50 6.5 +2.8
RXI iShares Global Consumer Discretionary ETF 6.3 41 -6 8.2 +4.5
IDHQ Invesco S&P International Developed High Quality ETF 5.2 29 6 5.4 +1.7
FEOE First Eagle Overseas Equity ETF 5.1 79 -44 6.2 +2.5
FEZ SPDR EURO STOXX 50 ETF 4.9 29 6 5.8 +2.0
OEFA ALPS O’Shares International Developed Quality Dividend ETF 4.9 48 -13 4.7 +1.0
EUDG WisdomTree Europe Quality Dividend Growth Fund 4.8 58 -23 6.4 +2.7
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 4.8 58 -23 5.4 +1.7
IQDG WisdomTree International Quality Dividend Growth Fund 4.8 42 -7 5.8 +2.1
EWL iShares MSCI Switzerland ETF 4.7 50 -15 5.6 +1.9
FLSW Franklin FTSE Switzerland ETF 4.4 9 26 5.8 +2.0
BINV Brandes International ETF 4.3 70 -35 8.6 +4.9
EFG iShares MSCI EAFE Growth ETF 3.7 36 -1 3.8 +0.1
EZU iShares MSCI Eurozone ETF 3.5 52 -17 5.6 +1.9
HEZU iShares Currency Hedged MSCI Eurozone ETF 3.5 53 -18 5.5 +1.7
IVSI Applied Finance IVS International Large ETF 3.5 65 -30 6.1 +2.3
FSZ First Trust Switzerland AlphaDEX Fund 3.5 80 -45 5.2 +1.5
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 3.3 65 -30 4.2 +0.4
IQLT iShares MSCI Intl Quality Factor ETF 3.3 30 5 5.5 +1.8
ICPY Tweedy, Browne International Insider Value ETF 3.3 80 -45 21.5 +17.8
FEGE First Eagle Global Equity ETF 3.2 79 -44 6.1 +2.4
CBSE Clough Select Equity ETF 3.2 85 -50 0.3 -3.4
IEV iShares Europe ETF 3.0 67 -32 5.9 +2.2
BKCI BNY Mellon Concentrated International ETF 2.8 80 -45 4.9 +1.1
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 2.7 45 -10 5.6 +1.9
VGK Vanguard FTSE Europe ETF 2.7 6 29 6.6 +2.9
IEUR iShares Core MSCI Europe ETF 2.6 11 24 6.4 +2.7
SPEU SPDR Portfolio Europe ETF 2.6 7 28 6.5 +2.8
FLEE Franklin FTSE Europe ETF 2.4 9 26 6.3 +2.6
BBEU JPMorgan BetaBuilders Europe ETF 2.4 9 26 6.2 +2.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 2.4 46 -11 5.5 +1.8
AKRE Akre Focus ETF 2.3 106 -71 4.3 +0.6
QINT American Century Quality Diversified International ETF 2.3 39 -4 6.6 +2.9
COPY Tweedy, Browne Insider + Value ETF 2.3 80 -45 14.9 +11.2
CEFA Global X S&P Catholic Values Developed ex-US ETF 2.2 35 0 5.7 +2.0
IDRV iShares Self-driving EV & Tech ETF 2.2 47 -12 1.3 -2.5
CGXU Capital Group International Focus Equity ETF 2.1 54 -19 3.8 +0.1
DIVI Franklin International Core Dividend Tilt Index ETF 2.1 9 26 6.6 +2.9
EWUS iShares MSCI United Kingdom Small Cap ETF 2.0 59 -24 7.4 +3.7
UMMA Wahed Dow Jones Islamic World ETF 2.0 65 -30 3.5 -0.2
TTAI FCF International Quality ETF 2.0 59 -24 6.8 +3.1
DIHP Dimensional International High Profitability ETF 1.9 29 6 5.8 +2.1
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 1.9 20 15 5.7 +2.0
FICS First Trust International Developed Capital Strength ETF 1.9 70 -35 6.8 +3.1
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 1.9 14 21 5.3 +1.6
STXI Strive International Developed Markets ETF 1.8 29 6 6.2 +2.5
EFA iShares MSCI EAFE ETF 1.8 35 0 5.8 +2.1
HEFA iShares Currency Hedged MSCI EAFE ETF 1.8 35 0 5.8 +2.1
QEFA SPDR MSCI EAFE StrategicFactors ETF 1.7 30 5 6.2 +2.5
IEFA iShares Core MSCI EAFE ETF 1.6 7 28 6.1 +2.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 1.6 40 -5 5.7 +2.0
DWM WisdomTree International Equity Fund 1.6 48 -13 5.7 +2.0
JIRE JPMorgan International Research Enhanced Equity ETF 1.6 24 11 5.9 +2.2
HFXI IQ FTSE International Equity Currency Neutral ETF 1.6 20 15 5.6 +1.9
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.5 36 -1 5.4 +1.7
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 1.5 12 23 5.3 +1.6
JIG JPMorgan International Growth ETF 1.5 55 -20 3.6 -0.1
DOL WisdomTree International LargeCap Dividend Fund 1.5 48 -13 5.7 +2.0
GSID Goldman Sachs MarketBeta International Equity ETF 1.4 20 15 5.9 +2.2
IDEV iShares Core MSCI International Developed Markets ETF 1.4 4 31 6.0 +2.3
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 1.4 25 10 6.3 +2.6
DFSI Dimensional International Sustainability Core 1 ETF 1.4 24 11 5.7 +2.0
VEA Vanguard FTSE Developed Markets ETF 1.3 3 32 6.0 +2.3
BWEB Bitwise Web3 ETF 1.3 85 -50 -0.1 -3.8
AVSD Avantis Responsible International Equity ETF 1.3 23 12 6.0 +2.3
SPDW SPDR Portfolio Developed World ex-US ETF 1.3 3 32 5.8 +2.1
BKIE BNY Mellon International Equity ETF 1.3 4 31 6.0 +2.3
DFAI Dimensional International Core Equity Market ETF 1.2 18 17 6.1 +2.4
IMFL Invesco International Developed Dynamic Multifactor ETF 1.2 34 1 5.2 +1.5
CWI SPDR MSCI ACWI ex-US ETF 1.2 30 5 6.5 +2.8
FPAG FPA Global Equity ETF 1.2 49 -14 5.8 +2.1
DISV Dimensional International Small Cap Value ETF 1.2 42 -7 8.1 +4.4
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.2 20 15 5.7 +2.0
JHMD John Hancock Multifactor Developed International ETF 1.1 39 -4 6.2 +2.5
IGRO iShares International Dividend Growth ETF 1.1 15 20 6.8 +3.1
ACWX iShares MSCI ACWI ex U.S. ETF 1.1 34 1 6.4 +2.7
AIVI WisdomTree International AI Enhanced Value Fund 1.0 58 -23 6.3 +2.6
RCGE RockCreek Global Equality ETF 1.0 95 -60 6.2 +2.5
RFDI First Trust Riverfront Dynamic Developed International ETF 1.0 83 -48 7.8 +4.1
AVDE Avantis International Equity ETF 1.0 23 12 6.2 +2.5
VEU Vanguard FTSE All-World ex-US Index Fund 1.0 4 31 6.7 +3.0
CGGO Capital Group Global Growth Equity ETF 1.0 47 -12 4.1 +0.3
ESGD iShares ESG Aware MSCI EAFE ETF 1.0 20 15 5.8 +2.1
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.0 41 -6 6.0 +2.3
SCHF Schwab International Equity ETF 1.0 6 29 6.0 +2.3
VXUS Vanguard Total International Stock ETF 1.0 5 30 6.7 +2.9
IEUS iShares MSCI Europe Small-Cap ETF 1.0 42 -7 6.7 +3.0
DFIS Dimensional International Small Cap ETF 1.0 39 -4 6.1 +2.4
IXUS iShares Core MSCI Total International Stock ETF 1.0 7 28 6.6 +2.9
WWJD Inspire International ETF 0.9 80 -45 6.4 +2.7
INTF iShares International Equity Factor ETF 0.9 15 20 6.5 +2.8
AVIV Avantis International Large Cap Value ETF 0.9 25 10 7.0 +3.3
DFIC Dimensional International Core Equity 2 ETF 0.9 23 12 6.3 +2.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.9 39 -4 7.0 +3.3
CGIE Capital Group International Equity ETF 0.9 54 -19 4.6 +0.9
RFV Invesco S&P Midcap 400 Pure Value ETF 0.9 35 0 11.2 +7.5
DXIV Dimensional International Vector Equity ETF 0.9 34 1 6.6 +2.9
DIM WisdomTree International MidCap Dividend Fund 0.8 58 -23 6.4 +2.7
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.8 56 -21 9.8 +6.0
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.8 18 17 6.4 +2.7
DFIV Dimensional International Value ETF 0.8 27 8 7.8 +4.1
DMXF iShares ESG Advanced MSCI EAFE ETF 0.8 12 23 4.9 +1.2
JGLO JPMorgan Global Select Equity ETF 0.8 33 2 4.3 +0.6
KOCG FIS Knights of Columbus Global Belief ETF 0.8 75 -40 4.4 +0.7
IDV iShares International Select Dividend ETF 0.8 51 -16 9.1 +5.4
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.8 45 -10 6.8 +3.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.8 25 10 6.2 +2.5
TPIF Timothy Plan International ETF 0.8 62 -27 5.6 +1.9
FRGN Horizon International Equity ETF 0.8 75 -40 7.8 +4.1
AVDV Avantis International Small Cap Value ETF 0.7 36 -1 7.7 +4.0
ISCF iShares International SmallCap Equity Factor ETF 0.7 23 12 7.3 +3.6
APIE ActivePassive International Equity ETF 0.7 45 -10 6.4 +2.7
CIL VictoryShares International Volatility Wtd ETF 0.6 45 -10 5.8 +2.1
CGDG Capital Group Dividend Growers ETF 0.6 47 -12 5.2 +1.5
KLMT Invesco MSCI Global Climate 500 ETF 0.6 10 25 5.0 +1.2
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.6 30 5 6.4 +2.7
IQSI IQ Candriam International Equity ETF 0.6 15 20 5.6 +1.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.6 20 15 4.7 +1.0
DGT State Street SPDR Global Dow ETF 0.5 50 -15 5.7 +1.9
FNDF Schwab Fundamental International Large Co. Index ETF 0.5 25 10 7.4 +3.7
DTAN Sparkline International Intangible Value ETF 0.5 55 -20 7.1 +3.4
GEW Cambria Global EW ETF 0.5 29 6 5.4 +1.7
HART IQ Healthy Hearts ETF 0.5 45 -10 5.8 +2.1
ESGG FlexShares STOXX Global ESG Select Index Fund 0.5 42 -7 4.0 +0.3
VSGX Vanguard ESG International Stock ETF 0.5 10 25 6.6 +2.9
FDWM Fidelity Women's Leadership ETF 0.5 59 -24 3.8 +0.1
TOK iShares MSCI Kokusai ETF 0.5 26 9 4.3 +0.6
BLES Inspire Global Hope ETF 0.5 61 -26 5.7 +2.0
NIXT Research Affiliates Deletions ETF 0.4 9 26 6.6 +2.9
URTH iShares MSCI World ETF 0.4 24 11 4.3 +0.6
SCZ iShares MSCI EAFE Small-Cap ETF 0.4 40 -5 6.1 +2.4
AQLT iShares MSCI Global Quality Factor ETF 0.4 18 17 0.0 -3.7
NUDM Nuveen ESG International Developed Markets Equity ETF 0.4 31 4 5.6 +1.9
OCEN IQ Clean Oceans ETF 0.4 45 -10 4.6 +0.9
KOKU Xtrackers MSCI Kokusai Equity ETF 0.4 9 26 4.4 +0.7
AVDS Avantis International Small Cap Equity ETF 0.4 30 5 6.0 +2.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.4 9 26 4.9 +1.2
ACWI iShares MSCI ACWI ETF 0.4 32 3 4.6 +0.9
UIVM VictoryShares International Value Momentum ETF 0.4 35 0 8.2 +4.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.4 47 -12 7.2 +3.5
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.4 80 -45 9.3 +5.6
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 0.4 55 -20 8.8 +5.1
VT Vanguard Total World Stock ETF 0.4 6 29 5.0 +1.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 -14 6.1 +2.4
CGGR Capital Group Growth ETF 0.4 39 -4 2.6 -1.2
IOO iShares Global 100 ETF 0.3 41 -6 3.8 +0.1
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.3 25 10 5.5 +1.8
QWLD SPDR MSCI World StrategicFactors ETF 0.3 30 5 5.2 +1.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 23 4.4 +0.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.3 39 -4 6.2 +2.5
EWG iShares MSCI Germany ETF 0.3 50 -15 5.9 +2.2
DAX Global X DAX Germany ETF 0.3 21 14 6.2 +2.5
PPIE Putnam PanAgora ESG International Equity ETF 0.3 49 -14 6.2 +2.5
MILN Global X Millennial Consumer ETF 0.3 50 -15 4.2 +0.5
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 -4 6.8 +3.1
EFAV iShares MSCI EAFE Min Vol Factor ETF 0.3 22 13 5.8 +2.1
SCHC Schwab International Small-Cap Equity ETF 0.2 11 24 6.7 +2.9
IVLU iShares MSCI Intl Value Factor ETF 0.2 30 5 8.1 +4.3
FBCG Fidelity Blue Chip Growth ETF 0.2 59 -24 2.1 -1.6
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.2 65 -30 7.8 +4.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.2 24 11 6.9 +3.2
FEUZ First Trust Eurozone AlphaDEX ETF 0.2 80 -45 6.4 +2.7
FENI Fidelity Enhanced International ETF 0.2 28 7 5.8 +2.1
JPIN J.P. Morgan Diversified Return International Equity ETF 0.2 37 -2 7.2 +3.5
FLGB Franklin FTSE United Kingdom ETF 0.2 9 26 6.8 +3.1
DLS WisdomTree International SmallCap Dividend Fund 0.2 58 -23 7.5 +3.7
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 -4 7.8 +4.1
GWX SPDR S&P International Small Cap ETF 0.2 40 -5 5.9 +2.2
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.2 8 27 6.3 +2.6
GCOW Pacer Global Cash Cows Dividend ETF 0.2 60 -25 9.4 +5.6
WSML iShares MSCI World Small-Cap ETF 0.2 15 20 5.3 +1.6
VTWV Vanguard Russell 2000 Value ETF 0.1 10 25 5.0 +1.2
IWN iShares Russell 2000 Value ETF 0.1 24 11 4.8 +1.1
VFVA Vanguard U.S. Value Factor ETF 0.1 13 22 9.4 +5.7
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.1 24 11 5.9 +2.2
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.1 32 3 5.4 +1.7
VYMI Vanguard International High Dividend Yield ETF 0.1 17 18 8.1 +4.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.1 9 26 3.7 +0.0
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.1 15 20 6.7 +3.0
VIDI Vident International Equity Strategy ETF 0.1 61 -26 8.1 +4.4
BKSE BNY Mellon US Small Cap Core Equity ETF 0.1 4 31 5.2 +1.5
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.1 43 -8 4.9 +1.2
IQDF FlexShares International Quality Dividend Index Fund 0.1 47 -12 7.6 +3.9
PATN Pacer Nasdaq International Patent Leaders ETF 0.1 65 -30 4.0 +0.3
JSTC Adasina Social Justice All Cap Global ETF 0.1 89 -54 4.3 +0.6
STXK Strive Small-Cap ETF 0.1 18 17 5.2 +1.5
RSSL Global X Russell 2000 ETF 0.1 8 27 2.7 -1.0
IWM iShares Russell 2000 ETF 0.1 19 16 2.6 -1.1
NUSC Nuveen ESG Small-Cap ETF 0.1 31 4 4.9 +1.2
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.1 35 0 6.1 +2.4
VTWO Vanguard Russell 2000 ETF 0.1 7 28 2.8 -1.0
VCR Vanguard Consumer Discretionary ETF 0.1 9 26 4.5 +0.7
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.1 35 0 6.3 +2.6
XJH iShares ESG Screened S&P Mid-Cap ETF 0.1 12 23 5.9 +2.2
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.1 8 27 4.5 +0.7
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.1 20 15 4.0 +0.3
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 10 8.0 +4.3
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 0.1 15 20 7.9 +4.2
IJJ iShares S&P Mid-Cap 400 Value ETF 0.1 18 17 7.9 +4.2
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.1 10 25 8.0 +4.3
MDY SPDR S&P Midcap 400 ETF Trust 0.1 23 12 5.9 +2.2
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.1 3 32 6.1 +2.4
IVOO Vanguard S&P Mid-Cap 400 ETF 0.1 7 28 6.0 +2.3
IJH iShares Core S&P Mid-Cap ETF 0.1 5 30 6.1 +2.3
DTH WisdomTree International High Dividend Fund 0.1 58 -23 7.4 +3.7
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.1 15 20 4.1 +0.4
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.1 10 25 4.1 +0.4
IJK iShares S&P Mid-Cap 400 Growth ETF 0.1 17 18 4.0 +0.3
EFV iShares MSCI EAFE Value ETF 0.1 34 1 7.6 +3.9
IEDI iShares U.S. Consumer Focused ETF 0.1 18 17 5.2 +1.5
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 10 4.7 +1.0
IWO iShares Russell 2000 Growth ETF 0.1 24 11 0.5 -3.2
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.0 17 18 4.9 +1.2
SCHA Schwab U.S. Small-Cap ETF 0.0 4 31 4.4 +0.6
VBR Vanguard Small Cap Value ETF 0.0 7 28 7.9 +4.2
VTWG Vanguard Russell 2000 Growth ETF 0.0 10 25 0.6 -3.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 6 5.6 +1.8
SMMD iShares Russell 2500 ETF 0.0 15 20 5.5 +1.8
ISCV iShares Morningstar Small Cap Value ETF 0.0 6 29 7.8 +4.1
DFAS Dimensional U.S. Small Cap ETF 0.0 26 9 5.6 +1.9
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.0 39 -4 3.5 -0.2
ISCB iShares Morningstar Small-Cap ETF 0.0 4 31 5.4 +1.7
ISCG iShares Morningstar Small-Cap Growth ETF 0.0 6 29 2.7 -1.0
AVSU Avantis Responsible U.S. Equity ETF 0.0 15 20 4.9 +1.2
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 10 6.2 +2.5
DFAT Dimensional U.S. Targeted Value ETF 0.0 28 7 8.6 +4.9
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 1 5.6 +1.9
VB Vanguard Small-Cap ETF 0.0 5 30 5.2 +1.5
VXF Vanguard Extended Market ETF 0.0 5 30 3.7 +0.0
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 10 6.1 +2.4
DXUV Dimensional US Vector Equity ETF 0.0 28 7 5.2 +1.5
SAGP Strategas Global Policy Opportunities ETF 0.0 65 -30 4.9 +1.2
GLOF iShares Global Equity Factor ETF 0.0 20 15 5.6 +1.8
FLAX Franklin FTSE Asia Ex Japan ETF 0.0 19 16 7.1 +3.4
VPL Vanguard FTSE Pacific ETF 0.0 7 28 5.3 +1.6
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.0 12 23 6.2 +2.5
SFGV Sequoia Global Value ETF 0.0 23 12 7.1 +3.4
SMLF iShares U.S. SmallCap Equity Factor ETF 0.0 15 20 4.9 +1.2
FKU First Trust United Kingdom AlphaDEX Fund 0.0 80 -45 7.3 +3.6
DFSV Dimensional US Small Cap Value ETF 0.0 31 4 8.8 +5.1
AVUS Avantis U.S. Equity ETF 0.0 15 20 4.7 +1.0
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 17 4.6 +0.9
EWU iShares MSCI United Kingdom ETF 0.0 50 -15 7.2 +3.5
DSI iShares MSCI KLD 400 Social ETF 0.0 25 10 4.1 +0.4
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.0 39 -4 2.3 -1.4
DFUS Dimensional U.S. Equity ETF 0.0 9 26 4.1 +0.4
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.0 12 23 3.6 -0.1
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 26 4.1 +0.4
VTHR Vanguard Russell 3000 ETF 0.0 7 28 4.1 +0.4
IUSV iShares Core S&P US Value ETF 0.0 4 31 5.8 +2.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 18 4.7 +0.9
SCHB Schwab U.S. Broad Market ETF 0.0 3 32 4.2 +0.5
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.0 3 32 4.3 +0.6
VTI Vanguard Total Stock Market ETF 0.0 3 32 4.1 +0.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 32 4.1 +0.4
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 31 3.1 -0.6
IWV iShares Russell 3000 ETF 0.0 20 15 4.0 +0.3
DFAU Dimensional US Core Equity Market ETF 0.0 12 23 4.3 +0.6
DCOR Dimensional US Core Equity 1 ETF 0.0 14 21 4.6 +0.9
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 10 4.9 +1.2
AVUQ Avantis U.S. Quality ETF 0.0 15 20 3.6 -0.1
EBI Longview Advantage ETF 0.0 35 0 5.9 +2.2
GINN Goldman Sachs Innovate Equity ETF 0.0 52 -17 3.7 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:		 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 2.1 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.