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 0.79 58%
MSCI EAFE 0.99 64%
MSCI Emg. Mkts. 0.91 54%

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.) 1
Turnover 3.3%
Bid/Ask (% of price) 0.00%
ADV underlying (mns) $573

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 266 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
(%)
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 9.7 42 -7 4.3 +0.6
EWQ iShares MSCI France ETF 8.0 53 -18 6.6 +2.9
HEDJ WisdomTree Europe Hedged Equity Fund 7.0 58 -23 6.2 +2.5
EWI iShares MSCI Italy ETF 6.8 50 -15 10.9 +7.2
RXI iShares Global Consumer Discretionary ETF 6.4 41 -6 8.3 +4.6
EUDG WisdomTree Europe Quality Dividend Growth Fund 6.2 58 -23 6.5 +2.8
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 6.2 58 -23 5.5 +1.8
IQDG WisdomTree International Quality Dividend Growth Fund 5.4 42 -7 5.9 +2.2
FEZ SPDR EURO STOXX 50 ETF 5.3 29 6 6.0 +2.3
IDHQ Invesco S&P International Developed High Quality ETF 5.2 29 6 5.9 +2.2
OEFA ALPS O’Shares International Developed Quality Dividend ETF 5.2 48 -13 4.6 +0.9
BINV Brandes International ETF 4.6 70 -35 8.7 +5.0
EWL iShares MSCI Switzerland ETF 4.6 50 -15 5.6 +1.9
FLSW Franklin FTSE Switzerland ETF 4.4 9 26 5.9 +2.2
BKCI BNY Mellon Concentrated International ETF 4.0 80 -45 5.1 +1.4
EZU iShares MSCI Eurozone ETF 3.9 52 -17 5.9 +2.2
FEOE First Eagle Overseas Equity ETF 3.9 79 -44 6.3 +2.7
EFG iShares MSCI EAFE Growth ETF 3.8 36 -1 4.0 +0.3
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 3.7 45 -10 5.9 +2.2
AKRE Akre Focus ETF 3.4 106 -71 4.3 +0.6
JIG JPMorgan International Growth ETF 3.4 55 -20 3.9 +0.2
IQLT iShares MSCI Intl Quality Factor ETF 3.4 30 5 5.6 +1.9
BBEU JPMorgan BetaBuilders Europe ETF 3.3 9 26 6.4 +2.7
FLEE Franklin FTSE Europe ETF 3.3 9 26 6.5 +2.8
CBSE Clough Select Equity ETF 3.2 85 -50 0.5 -3.2
DBEU Xtrackers MSCI Europe Hedged Equity ETF 3.2 46 -11 5.7 +2.0
IEV iShares Europe ETF 3.0 67 -32 6.1 +2.4
OSEA Harbor International Compounders ETF 2.9 55 -20 4.3 +0.6
FSZ First Trust Switzerland AlphaDEX Fund 2.9 80 -45 5.2 +1.5
ICPY Tweedy, Browne International Insider Value ETF 2.9 80 -45 22.4 +18.7
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 2.8 14 21 5.6 +1.9
QINT American Century Quality Diversified International ETF 2.7 39 -4 6.8 +3.1
CGGO Capital Group Global Growth Equity ETF 2.7 47 -12 4.6 +0.9
VGK Vanguard FTSE Europe ETF 2.7 6 29 6.8 +3.1
IEUR iShares Core MSCI Europe ETF 2.6 11 24 6.6 +2.9
ITOL Tema International Durable Quality ETF 2.6 60 -25 5.2 +1.5
DIVI Franklin International Core Dividend Tilt Index ETF 2.6 9 26 6.8 +3.1
SPEU SPDR Portfolio Europe ETF 2.6 7 28 6.7 +3.0
DIHP Dimensional International High Profitability ETF 2.6 29 6 5.9 +2.2
FEGE First Eagle Global Equity ETF 2.6 79 -44 6.2 +2.5
JIRE JPMorgan International Research Enhanced Equity ETF 2.5 24 11 6.0 +2.3
IDRV iShares Self-driving EV & Tech ETF 2.5 47 -12 1.3 -2.4
IVSI Applied Finance IVS International LrgETF 2.5 65 -30 6.3 +2.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 2.3 35 0 5.9 +2.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 2.3 40 -5 5.8 +2.1
DWM WisdomTree International Equity Fund 2.2 48 -13 5.8 +2.1
DOL WisdomTree International LargeCap Dividend Fund 2.2 48 -13 6.0 +2.3
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 2.2 25 10 6.5 +2.8
UMMA Wahed Dow Jones Islamic World ETF 2.1 65 -30 4.1 +0.4
HFXI IQ FTSE International Equity Currency Neutral ETF 2.1 20 15 6.0 +2.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 2.1 36 -1 5.5 +1.9
CGXU Capital Group International Focus Equity ETF 2.1 54 -19 4.3 +0.6
GSID Goldman Sachs MarketBeta International Equity ETF 2.0 20 15 6.1 +2.4
COPY Tweedy, Browne Insider + Value ETF 2.0 80 -45 15.6 +11.9
JGLO JPMorgan Global Select Equity ETF 2.0 33 2 4.5 +0.8
AGQI First Trust Active Global Quality Income ETF 2.0 85 -50 6.7 +3.0
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 2.0 20 15 5.8 +2.1
TTAI FCF International Quality ETF 2.0 59 -24 6.6 +2.9
STXI Strive International Developed Markets ETF 1.9 29 6 6.2 +2.5
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 1.9 65 -30 4.3 +0.6
EFA iShares MSCI EAFE ETF 1.8 35 0 5.9 +2.2
BKIE BNY Mellon International Equity ETF 1.8 4 31 6.2 +2.5
FRGN Horizon International Equity ETF 1.8 75 -40 8.6 +4.9
CGIE Capital Group International Equity ETF 1.8 54 -19 4.8 +1.1
EWUS iShares MSCI United Kingdom Small Cap ETF 1.8 59 -24 7.6 +3.9
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.7 20 15 5.7 +2.0
QEFA SPDR MSCI EAFE StrategicFactors ETF 1.7 30 5 6.2 +2.5
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 1.7 12 23 5.5 +1.8
FPAG FPA Global Equity ETF 1.6 49 -14 6.2 +2.6
IEFA iShares Core MSCI EAFE ETF 1.6 7 28 6.3 +2.6
AVSD Avantis Responsible International Equity ETF 1.5 23 12 6.2 +2.5
FIVA Fidelity International Value Factor ETF 1.5 18 17 7.7 +4.0
DFSI Dimensional International Sustainability Core 1 ETF 1.5 24 11 5.8 +2.1
JHMD John Hancock Multifactor Developed International ETF 1.5 39 -4 6.3 +2.7
IDEV iShares Core MSCI International Developed Markets ETF 1.4 4 31 6.2 +2.5
VEA Vanguard FTSE Developed Markets ETF 1.3 3 32 6.3 +2.6
SPDW SPDR Portfolio Developed World ex-US ETF 1.3 3 32 6.2 +2.5
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 1.3 41 -6 6.4 +2.7
AVDE Avantis International Equity ETF 1.3 23 12 6.4 +2.7
BWEB Bitwise Web3 ETF 1.3 85 -50 -0.0 -3.7
AVIV Avantis International Large Cap Value ETF 1.3 25 10 7.1 +3.4
DIM WisdomTree International MidCap Dividend Fund 1.3 58 -23 6.4 +2.7
CWI SPDR MSCI ACWI ex-US ETF 1.2 30 5 6.8 +3.1
GXUS Goldman Sachs MarketBeta Total International Equity ETF 1.2 18 17 6.7 +3.1
GSIE Goldman Sachs ActiveBeta International Equity ETF 1.2 25 10 6.3 +2.7
DFAI Dimensional International Core Equity Market ETF 1.2 18 17 6.2 +2.5
IMFL Invesco International Developed Dynamic Multifactor ETF 1.2 34 1 5.4 +1.7
RFDI First Trust Riverfront Dynamic Developed International ETF 1.2 83 -48 7.9 +4.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.1 39 -4 7.2 +3.5
ACWX iShares MSCI ACWI ex U.S. ETF 1.1 34 1 6.7 +3.0
ESGD iShares ESG Aware MSCI EAFE ETF 1.1 20 15 6.0 +2.3
SCHF Schwab International Equity ETF 1.1 6 29 6.3 +2.6
VEU Vanguard FTSE All-World ex-US Index Fund 1.1 4 31 7.1 +3.4
CIL VictoryShares International Volatility Wtd ETF 1.0 45 -10 5.8 +2.1
DISV Dimensional International Small Cap Value ETF 1.0 42 -7 8.4 +4.7
CGDG Capital Group Dividend Growers ETF 1.0 47 -12 5.3 +1.6
VXUS Vanguard Total International Stock ETF 1.0 5 30 7.0 +3.3
IXUS iShares Core MSCI Total International Stock ETF 1.0 7 28 6.9 +3.2
WWJD Inspire International ETF 1.0 80 -45 6.5 +2.8
DMXF iShares ESG Advanced MSCI EAFE ETF 0.9 12 23 5.2 +1.6
RCGE RockCreek Global Equality ETF 0.9 95 -60 6.3 +2.6
IEUS iShares MSCI Europe Small-Cap ETF 0.9 42 -7 7.0 +3.3
TPIF Timothy Plan International ETF 0.9 62 -27 5.6 +1.9
DFIC Dimensional International Core Equity 2 ETF 0.9 23 12 6.4 +2.7
INTF iShares International Equity Factor ETF 0.9 15 20 6.6 +3.0
RFV Invesco S&P Midcap 400 Pure Value ETF 0.9 35 0 11.9 +8.2
DXIV Dimensional International Vector Equity ETF 0.9 34 1 6.7 +3.0
DFIS Dimensional International Small Cap ETF 0.9 39 -4 6.3 +2.6
IQSI IQ Candriam International Equity ETF 0.8 15 20 5.8 +2.1
FLGB Franklin FTSE United Kingdom ETF 0.8 9 26 6.8 +3.1
KOCG FIS Knights of Columbus Global Belief ETF 0.8 75 -40 4.4 +0.7
PPIE Putnam PanAgora ESG International Equity ETF 0.8 49 -14 6.7 +3.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.8 45 -10 7.1 +3.4
ESGG FlexShares STOXX Global ESG Select Index Fund 0.8 42 -7 4.5 +0.8
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.7 56 -21 10.0 +6.3
IGRO iShares International Dividend Growth ETF 0.7 15 20 6.9 +3.2
DFIV Dimensional International Value ETF 0.7 27 8 7.9 +4.2
NIXT Research Affiliates Deletions ETF 0.7 9 26 7.2 +3.5
APIE ActivePassive International Equity ETF 0.7 45 -10 6.7 +3.1
FEUZ First Trust Eurozone AlphaDEX ETF 0.7 80 -45 6.7 +3.0
IDV iShares International Select Dividend ETF 0.6 51 -16 9.1 +5.4
AVDV Avantis International Small Cap Value ETF 0.6 36 -1 8.0 +4.3
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.6 30 5 6.7 +3.0
KLMT Invesco MSCI Global Climate 500 ETF 0.6 10 25 5.4 +1.7
DTAN Sparkline International Intangible Value ETF 0.6 55 -20 7.4 +3.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.6 20 15 5.1 +1.4
FDWM Fidelity Women's Leadership ETF 0.6 59 -24 3.7 +0.0
DGT State Street SPDR Global Dow ETF 0.6 50 -15 6.0 +2.3
ISCF iShares International SmallCap Equity Factor ETF 0.6 23 12 7.4 +3.7
GLBL Pacer MSCI World Industry Advantage ETF 0.6 65 -30 3.9 +0.2
KOKU Xtrackers MSCI Kokusai Equity ETF 0.6 9 26 4.7 +1.1
VSGX Vanguard ESG International Stock ETF 0.5 10 25 7.1 +3.4
FENI Fidelity Enhanced International ETF 0.5 28 7 6.0 +2.3
JPIN J.P. Morgan Diversified Return International Equity ETF 0.5 37 -2 7.2 +3.5
GEW Cambria Global EW ETF 0.5 29 6 5.7 +2.0
HART IQ Healthy Hearts ETF 0.5 45 -10 5.7 +2.0
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.5 47 -12 7.8 +4.1
UIVM VictoryShares International Value Momentum ETF 0.5 35 0 8.4 +4.7
FEP First Trust Europe AlphaDEX Fund 0.5 80 -45 7.0 +3.3
TOK iShares MSCI Kokusai ETF 0.5 26 9 4.6 +0.9
AQLT iShares MSCI Global Quality Factor ETF 0.5 18 17 0.0 -3.7
FNDF Schwab Fundamental International Large Co. Index ETF 0.5 25 10 7.8 +4.1
BLES Inspire Global Hope ETF 0.5 61 -26 6.1 +2.4
FIDI Fidelity International High Dividend ETF 0.5 18 17 7.2 +3.5
URTH iShares MSCI World ETF 0.5 24 11 4.7 +1.0
CGGR Capital Group Growth ETF 0.5 39 -4 2.8 -0.9
AVDS Avantis International Small Cap Equity ETF 0.5 30 5 6.2 +2.5
OCEN IQ Clean Oceans ETF 0.4 45 -10 4.5 +0.8
NUDM Nuveen ESG International Developed Markets Equity ETF 0.4 31 4 5.8 +2.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.4 24 11 7.0 +3.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.4 39 -4 6.3 +2.6
FNDC Schwab Fundamental International Small Co. Index ETF 0.4 39 -4 7.0 +3.3
MILN Global X Millennial Consumer ETF 0.4 50 -15 4.2 +0.5
ACWI iShares MSCI ACWI ETF 0.4 32 3 5.1 +1.4
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 0.4 55 -20 9.5 +5.8
SCZ iShares MSCI EAFE Small-Cap ETF 0.4 40 -5 6.4 +2.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.4 9 26 5.2 +1.5
IOO iShares Global 100 ETF 0.4 41 -6 4.2 +0.6
VT Vanguard Total World Stock ETF 0.4 6 29 5.4 +1.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 -14 6.2 +2.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.3 12 23 4.8 +1.1
QWLD SPDR MSCI World StrategicFactors ETF 0.3 30 5 5.3 +1.6
EWG iShares MSCI Germany ETF 0.3 50 -15 6.2 +2.5
DAX Global X DAX Germany ETF 0.3 21 14 6.4 +2.7
FDEV Fidelity International Multifactor ETF 0.3 18 17 7.1 +3.4
EFAV iShares MSCI EAFE Min Vol Factor ETF 0.2 22 13 5.5 +1.8
FBCG Fidelity Blue Chip Growth ETF 0.2 59 -24 2.5 -1.2
IVLU iShares MSCI Intl Value Factor ETF 0.2 30 5 8.3 +4.6
DLS WisdomTree International SmallCap Dividend Fund 0.2 58 -23 7.6 +3.9
SCHC Schwab International Small-Cap Equity ETF 0.2 11 24 6.8 +3.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.2 32 3 5.3 +1.6
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.2 65 -30 7.9 +4.2
GCOW Pacer Global Cash Cows Dividend ETF 0.2 60 -25 9.0 +5.3
RWK Invesco S&P MidCap 400 Revenue ETF 0.2 39 -4 8.3 +4.6
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.2 9 26 4.1 +0.4
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.2 60 -25 7.2 +3.5
WSML iShares MSCI World Small-Cap ETF 0.2 15 20 5.7 +2.0
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.2 24 11 6.4 +2.7
IWN iShares Russell 2000 Value ETF 0.2 24 11 5.2 +1.5
VTWV Vanguard Russell 2000 Value ETF 0.2 10 25 5.3 +1.6
IQDF FlexShares International Quality Dividend Index Fund 0.2 47 -12 8.0 +4.3
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.1 8 27 6.5 +2.9
BKSE BNY Mellon US Small Cap Core Equity ETF 0.1 4 31 5.6 +1.9
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.1 15 20 7.2 +3.5
VFVA Vanguard U.S. Value Factor ETF 0.1 13 22 9.9 +6.2
GWX SPDR S&P International Small Cap ETF 0.1 40 -5 6.1 +2.4
GINN Goldman Sachs Innovate Equity ETF 0.1 52 -17 4.1 +0.4
NUSC Nuveen ESG Small-Cap ETF 0.1 31 4 5.3 +1.6
STXK Strive Small-Cap ETF 0.1 18 17 5.5 +1.8
VIDI Vident International Equity Strategy ETF 0.1 61 -26 8.7 +5.1
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.1 8 27 4.6 +0.9
RSSL Global X Russell 2000 ETF 0.1 8 27 3.0 -0.7
IWM iShares Russell 2000 ETF 0.1 19 16 2.9 -0.8
PATN Pacer Nasdaq International Patent Leaders ETF 0.1 65 -30 5.0 +1.3
VTWO Vanguard Russell 2000 ETF 0.1 7 28 3.1 -0.6
XJH iShares ESG Screened S&P Mid-Cap ETF 0.1 12 23 6.3 +2.6
IJJ iShares S&P Mid-Cap 400 Value ETF 0.1 18 17 8.3 +4.6
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.1 10 25 8.4 +4.7
MDY SPDR S&P Midcap 400 ETF Trust 0.1 23 12 6.2 +2.6
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 0.1 15 20 8.3 +4.6
VCR Vanguard Consumer Discretionary ETF 0.1 9 26 4.6 +0.9
DTH WisdomTree International High Dividend Fund 0.1 58 -23 7.4 +3.7
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.1 3 32 6.5 +2.8
IJH iShares Core S&P Mid-Cap ETF 0.1 5 30 6.4 +2.7
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.1 35 0 6.8 +3.1
IVOO Vanguard S&P Mid-Cap 400 ETF 0.1 7 28 6.4 +2.7
IJK iShares S&P Mid-Cap 400 Growth ETF 0.1 17 18 4.3 +0.7
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.1 15 20 4.4 +0.7
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.1 10 25 4.4 +0.7
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.1 35 0 6.4 +2.7
SCHA Schwab U.S. Small-Cap ETF 0.1 4 31 4.8 +1.1
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.1 17 18 5.3 +1.7
EFV iShares MSCI EAFE Value ETF 0.1 34 1 7.7 +4.0
IEDI iShares U.S. Consumer Focused ETF 0.1 18 17 5.0 +1.3
VBR Vanguard Small Cap Value ETF 0.1 7 28 8.3 +4.6
DFAS Dimensional U.S. Small Cap ETF 0.1 26 9 5.9 +2.3
ISCV iShares Morningstar Small Cap Value ETF 0.0 6 29 8.2 +4.5
AVSC Avantis U.S Small Cap Equity ETF 0.0 25 10 5.0 +1.3
AVUV Avantis U.S. Small Cap Value ETF 0.0 25 10 8.4 +4.7
IWO iShares Russell 2000 Growth ETF 0.0 24 11 0.6 -3.1
ISCB iShares Morningstar Small-Cap ETF 0.0 4 31 5.7 +2.1
ISCG iShares Morningstar Small-Cap Growth ETF 0.0 6 29 2.9 -0.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.0 39 -4 3.8 +0.1
VYMI Vanguard International High Dividend Yield ETF 0.0 17 18 8.2 +4.6
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 10 6.6 +3.0
VTWG Vanguard Russell 2000 Growth ETF 0.0 10 25 0.7 -3.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.0 20 15 4.4 +0.8
AVSU Avantis Responsible U.S. Equity ETF 0.0 15 20 5.5 +1.8
DFAT Dimensional U.S. Targeted Value ETF 0.0 28 7 9.1 +5.4
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 10 6.6 +2.9
VXF Vanguard Extended Market ETF 0.0 5 30 4.1 +0.4
FLAX Franklin FTSE Asia Ex Japan ETF 0.0 19 16 8.1 +4.4
VB Vanguard Small-Cap ETF 0.0 5 30 5.6 +1.9
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 1 6.1 +2.4
DXUV Dimensional US Vector Equity ETF 0.0 28 7 5.6 +1.9
VPL Vanguard FTSE Pacific ETF 0.0 7 28 5.8 +2.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 6 6.0 +2.3
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.0 25 10 5.9 +2.2
SFGV Sequoia Global Value ETF 0.0 23 12 7.4 +3.7
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.0 12 23 6.6 +2.9
SMLF iShares U.S. SmallCap Equity Factor ETF 0.0 15 20 5.3 +1.6
DFSV Dimensional US Small Cap Value ETF 0.0 31 4 9.3 +5.6
GLOF iShares Global Equity Factor ETF 0.0 20 15 6.0 +2.3
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 17 5.0 +1.3
FKU First Trust United Kingdom AlphaDEX Fund 0.0 80 -45 7.4 +3.8
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 10 5.3 +1.6
EWU iShares MSCI United Kingdom ETF 0.0 50 -15 7.1 +3.4
DSI iShares MSCI KLD 400 Social ETF 0.0 25 10 4.6 +0.9
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.0 39 -4 2.5 -1.2
DFUS Dimensional U.S. Equity ETF 0.0 9 26 4.4 +0.8
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 32 4.5 +0.8
IUSV iShares Core S&P US Value ETF 0.0 4 31 6.1 +2.4
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.0 3 32 4.7 +1.1
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 26 4.6 +0.9
VTHR Vanguard Russell 3000 ETF 0.0 7 28 4.5 +0.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 18 5.0 +1.4
DFAU Dimensional US Core Equity Market ETF 0.0 12 23 4.7 +1.0
SCHB Schwab U.S. Broad Market ETF 0.0 3 32 4.6 +0.9
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 31 3.5 -0.2
IWV iShares Russell 3000 ETF 0.0 20 15 4.4 +0.7
VTI Vanguard Total Stock Market ETF 0.0 3 32 4.5 +0.8
DCOR Dimensional US Core Equity 1 ETF 0.0 14 21 4.9 +1.3
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.0 12 23 3.9 +0.2
AVUQ Avantis U.S. Quality ETF 0.0 15 20 3.9 +0.2
EBI Longview Advantage ETF 0.0 35 0 6.3 +2.6
AVUS Avantis U.S. Equity ETF 0.0 15 20 5.1 +1.5

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.