Themes Global Systemically Important Banks ETF
ALTAR
Score™		 8.0% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 12.4x P/Sales
ratio		 2.4x
P/BV
ratio		 0.7x Div.
yield		 3.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Themes Global Systemically Important Banks ETF seeks to provide investors with exposure to a diversified portfolio of global systemically important banks, aiming for long-term capital appreciation while managing risk through strategic allocations.

FUND BASICS
Category Global Equities
Fund Sponsor Themes
Website themesetfs.com/etfs/GSIB/
Inception date Dec 14, 2023
Assets (mns) $43
Currency USD
Expense ratio 35 bp
Distributions

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 27
Wgt avg mkt cap (mns) $167,279
Large cap (>$10bn) 100.0%
Mid cap ($2-10bn) 0.0%
Small cap (<$2bn) 0.0%
Developed mkts 84.9%
Emerging mkts 15.1%

TOP TEN HOLDINGS
BANK OF CHINA LTD - H 3.9 %
AGRICULTURAL BANK OF CHINA-H 3.9 %
MITSUBISHI UFJ FINL GRP-ADR 3.9 %
DEUTSCHE BANK AG-REGISTERED 3.9 %
ING GROEP N.V.-SPONSORED ADR 3.9 %
MIZUHO FINANCIAL GROUP-ADR 3.8 %
CHINA CONSTRUCTION BANK-H 3.8 %
BANK OF COMMUNICATIONS CO-H 3.7 %
SUMITOMO MITSUI-SPONS ADR 3.7 %
INDUSTRIAL AND COMMERCIAL BANK OF 3.7 %
Total 38.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 28.5 %
CHINA 14.3 %
JAPAN 10.7 %
FRANCE 10.7 %
CANADA 7.3 %
BRITAIN 7.1 %
SWITZERLAND 3.7 %
HONG KONG 3.6 %
GERMANY 3.6 %
NETHERLANDS 3.6 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
18.4% 31.7% -- -- 40.9%

Market Correlations
versus... Beta R-squared
S&P500 1.01 52%
MSCI EAFE 0.93 67%
MSCI Emg. Mkts. 0.45 39%

Technical Indicators
Recent close $61.21
30d moving avg. $63.29
Annualized volatility 11.4%
Short interest (ETF) 4.3%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 13
Turnover 1.8%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $6,236

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 612 potential alternatives to the Themes Global Systemically Important Banks ETF ETF based on the alternatives' overlap in portfolio holdings with GSIB. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: GSIB Expense: 35 bp ALTAR Score™: 8.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH GSIB
Ticker Fund
Name		 Overlap1
vs GSIB
(%)		 Expense
ratio
(bp)		 Savings
vs GSIB
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs GSIB
(%)
IYF iShares U.S. Financials ETF 22.2 40 -5 5.9 -2.1
IYG iShares US Financial Services ETF 22.0 40 -5 5.4 -2.6
XLF Financial Select Sector SPDR 21.5 8 27 5.8 -2.1
PWV Invesco Large Cap Value ETF 21.2 55 -20 6.3 -1.7
FNCL Fidelity MSCI Financials Index ETF 20.7 8 27 6.3 -1.7
VFH Vanguard Financials ETF 20.2 9 26 6.3 -1.7
IXG iShares Global Financials ETF 20.0 42 -7 6.2 -1.8
LVDS JPMorgan Fundamental Data Science Large Value ETF 17.4 49 -14 4.8 -3.1
EQIN Columbia US Equity Income ETF 17.1 35 0 6.3 -1.6
PFI Invesco Dorsey Wright Financial Momentum ETF 16.0 60 -25 5.0 -2.9
MAVF Matrix Advisors Value ETF 14.4 75 -40 4.9 -3.1
DFNL Davis Select Financial ETF 14.2 63 -28 7.6 -0.4
RSPF Invesco S&P 500 Equal Weight Financials ETF 13.7 40 -5 6.6 -1.4
FTXO First Trust Nasdaq Bank ETF 13.4 60 -25 7.9 -0.1
LEGR First Trust Indxx Innovative Transaction & Process ETF 12.9 65 -30 7.4 -0.6
GINX SGI Enhanced Global Income ETF 12.9 98 -63 6.7 -1.3
UDI USCF Dividend Income Fund 11.9 65 -30 6.8 -1.1
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 11.7 60 -25 4.7 -3.3
SAMM Strategas Macro Momentum ETF 11.1 66 -31 3.4 -4.5
SNPV Xtrackers S&P 500 Value ESG ETF 10.7 15 20 5.4 -2.5
BOUT Innovator IBD Breakout Opportunities ETF 10.7 81 -46 3.3 -4.7
GDIV Harbor Dividend Growth Leaders ETF 10.7 50 -15 4.2 -3.8
MGV Vanguard Mega Cap Value ETF 10.7 7 28 5.4 -2.5
FXI iShares China Large-Cap ETF 10.4 74 -39 22.6 +14.7
AADR AdvisorShares Dorsey Wright ADR ETF 10.4 110 -75 3.3 -4.6
ACSI American Customer Satisfaction ETF 10.2 65 -30 4.6 -3.4
MBOX Freedom Day Dividend ETF 10.0 39 -4 6.9 -1.1
VYM Vanguard High Dividend Yield Index ETF 9.9 6 29 6.3 -1.7
DGRO iShares Core Dividend Growth ETF 9.9 8 27 5.7 -2.3
TIIV AAM Todd International Intrinsic Value ETF 9.8 54 -19 9.8 +1.8
PRXV Praxis Impact Large Cap Value ETF 9.8 36 -1 5.6 -2.4
PID Invesco International Dividend Achievers ETF 9.6 53 -18 4.5 -3.5
RDVY First Trust Rising Dividend Achievers ETF 9.6 50 -15 5.1 -2.9
CSTK Invesco Comstock Contrarian Equity ETF 9.5 35 0 5.9 -2.1
DIVL Madison Dividend Value ETF 9.4 65 -30 5.0 -2.9
DLN WisdomTree U.S. LargeCap Dividend Fund 9.4 28 7 5.5 -2.5
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 9.3 60 -25 4.8 -3.1
VTV Vanguard Value ETF 9.3 4 31 5.9 -2.1
QLC FlexShares US Quality Large Cap Index Fund 9.2 25 10 4.5 -3.4
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 9.0 49 -14 8.1 +0.2
DFLV Dimensional US Large Cap Value ETF 9.0 22 13 6.1 -1.9
IWX iShares Russell Top 200 Value ETF 8.9 20 15 4.8 -3.1
RFDA RiverFront Dynamic US Dividend Advantage ETF 8.7 52 -17 5.2 -2.8
NUDV Nuveen ESG Dividend ETF 8.6 26 9 6.4 -1.6
BBLU EA Bridgeway Blue Chip ETF EA Bridgeway Blue Chip ETF 8.5 15 20 4.2 -3.8
DFUV Dimensional US Marketwide Value ETF 8.5 22 13 6.0 -1.9
JAVA JPMorgan Active Value ETF 8.5 44 -9 5.5 -2.5
DVLU First Trust Dorsey Wright Momentum & Value ETF 8.4 60 -25 6.4 -1.5
DYNF BlackRock U.S. Equity Factor Rotation ETF 8.4 30 5 3.7 -4.3
DTD WisdomTree U.S. Total Dividend Fund 8.4 28 7 5.8 -2.2
EVUS iShares ESG Aware MSCI USA Value ETF 8.3 18 17 5.5 -2.4
VIG Vanguard Dividend Appreciation ETF 8.3 5 30 5.1 -2.9
FELV Fidelity Enhanced Large Cap Value ETF 8.3 18 17 5.4 -2.5
STXD Strive 1000 Dividend Growth ETF 8.3 35 0 4.6 -3.4
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 8.2 32 3 3.9 -4.0
SCHV Schwab U.S. Large-Cap Value ETF 8.2 4 31 5.8 -2.2
FDVV Fidelity High Dividend ETF 8.1 15 20 6.8 -1.2
STXV Strive 1000 Value ETF 8.1 18 17 7.0 -1.0
SPVM Invesco S&P 500 Value with Momentum ETF 8.0 39 -4 6.5 -1.4
EQWL Invesco S&P 100 Equal Weight ETF 8.0 25 10 5.5 -2.5
NULV Nuveen ESG Large-Cap Value ETF 7.8 26 9 5.0 -2.9
REVS Columbia Research Enhanced Value ETF 7.6 19 16 6.5 -1.4
PFM Invesco Dividend Achievers ETF 7.5 53 -18 4.8 -3.1
SWP SWP Growth & Income ETF 7.5 99 -64 4.7 -3.3
RAFE PIMCO RAFI ESG U.S. ETF 7.5 29 6 6.0 -1.9
SHE State Street SPDR MSCI USA Gender Diversity ETF 7.5 20 15 4.3 -3.7
EUFN iShares MSCI Europe Financials ETF 7.5 51 -16 7.0 -1.0
FDMO Fidelity Momentum Factor ETF 7.5 15 20 2.5 -5.5
FDRR Fidelity Dividend ETF for Rising Rates 7.4 15 20 5.6 -2.3
DIVB iShares Core Dividend ETF 7.3 5 30 6.7 -1.3
WOMN Impact Shares YWCA Women's Empowerment ETF 7.3 75 -40 4.8 -3.1
ULVM VictoryShares US Value Momentum ETF 7.2 20 15 6.3 -1.7
ILCV iShares Morningstar Value ETF 7.2 4 31 5.3 -2.7
DVND Touchstone Dividend Select ETF 7.2 67 -32 5.4 -2.6
SIXA ETC 6 Meridian Mega Cap Equity ETF 7.1 80 -45 5.6 -2.4
GRNY Fundstrat Granny Shots US Large Cap ETF 7.1 75 -40 2.2 -5.8
MCHI iShares MSCI China ETF 7.0 59 -24 22.3 +14.4
GVUS Marketbeta Russell 1000 Value Equity ETF 7.0 12 23 5.3 -2.7
DVYE iShares Emerging Markets Dividend ETF 7.0 49 -14 17.8 +9.8
USMC Principal U.S. Mega-Cap ETF 6.9 12 23 3.5 -4.5
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF 6.7 65 -30 5.3 -2.7
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 6.7 60 -25 6.5 -1.4
AVSD Avantis Responsible International Equity ETF 6.7 23 12 6.0 -1.9
VONV Vanguard Russell 1000 Value ETF 6.6 7 28 5.4 -2.6
GXC SPDR S & P China ETF 6.6 59 -24 20.5 +12.6
IWD iShares Russell 1000 Value ETF 6.6 19 16 5.3 -2.7
MODL VictoryShares WestEnd U.S. Sector ETF 6.6 42 -7 4.0 -3.9
DJD Invesco Dow Jones Industrial Average Dividend ETF 6.6 7 28 6.8 -1.2
EDOW First Trust Dow 30 Equal Weight ETF 6.6 50 -15 4.8 -3.2
DVGR DAC 3D Dividend Growth ETF 6.6 65 -30 5.1 -2.9
LGCF Themes US Cash Flow Champions ETF 6.6 30 5 7.0 -1.0
DIA SPDR Dow Jones Industrial Average ETF 6.6 16 19 4.9 -3.0
SPXT ProShares S&P 500 Ex-Technology ETF 6.6 9 26 5.1 -2.9
FLCA Franklin FTSE Canada ETF 6.6 9 26 5.6 -2.4
VIGI Vanguard International Dividend Appreciation ETF 6.6 10 25 6.1 -1.8
EWC iShares MSCI Canada ETF 6.6 50 -15 5.2 -2.8
BBCA JPMorgan BetaBuilders Canada ETF 6.6 19 16 5.5 -2.5
IMTM iShares MSCI Intl Momentum Factor ETF 6.5 30 5 4.7 -3.3
IGRO iShares International Dividend Growth ETF 6.5 15 20 6.8 -1.1
RWL Invesco S&P 500 Revenue ETF 6.5 39 -4 5.8 -2.2
PKW Invesco Buyback Achievers ETF 6.5 62 -27 7.3 -0.7
EPS WisdomTree U.S. LargeCap Fund 6.5 8 27 4.7 -3.2
BDIV AAM Brentview Dividend Growth ETF 6.4 49 -14 3.8 -4.1
ESGG FlexShares STOXX Global ESG Select Index Fund 6.4 42 -7 4.0 -4.0
PRF Invesco FTSE RAFI US 1000 ETF 6.4 34 1 5.6 -2.4
DGT State Street SPDR Global Dow ETF 6.3 50 -15 5.7 -2.2
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF 6.3 40 -5 4.3 -3.7
EQRR ProShares Equities for Rising Rates ETF 6.3 35 0 5.4 -2.5
DAK Dakota Active Equity ETF 6.3 43 -8 3.8 -4.2
KCE State Street SPDR S&P Capital Markets ETF 6.3 35 0 6.1 -1.9
HGRO Hedgeye Quality Growth ETF 6.2 70 -35 3.6 -4.4
DIVZ TrueShares Low Volatility Equity Income ETF 6.2 65 -30 6.3 -1.7
FLQL Franklin LibertyQ U.S. Equity ETF 6.1 15 20 4.6 -3.4
APIE ActivePassive International Equity ETF 6.1 45 -10 6.5 -1.5
XMAG Defiance Large Cap ex-Mag 7 ETF 6.1 35 0 4.3 -3.6
STRN SMART Trend 25 ETF 6.1 59 -24 2.5 -5.5
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 6.1 79 -44 4.1 -3.8
FLCH Franklin FTSE China ETF 6.0 19 16 19.9 +11.9
OEI Optimized Equity Income ETF 6.0 75 -40 3.7 -4.3
MDLV Morgan Dempsey Large Cap Value ETF 5.9 58 -23 6.2 -1.8
FSST Fidelity Sustainable U.S. Equity ETF 5.9 59 -24 3.7 -4.2
SGLC SGI U.S. Large Cap Core ETF 5.9 85 -50 3.6 -4.4
RFFC ALPS Active Equity Opportunity ETF 5.8 48 -13 3.7 -4.3
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 5.8 19 16 4.7 -3.2
ASLV Allspring Special Large Value ETF 5.8 35 0 5.2 -2.7
RECS Columbia Research Enhanced Core ETF 5.7 15 20 5.2 -2.7
THRO iShares U.S. Thematic Rotation Active ETF 5.7 90 -55 3.1 -4.9
FUNL CornerCap Fundametrics Large-Cap ETF 5.6 50 -15 6.5 -1.5
FNDX Schwab Fundamental US Large Co. Index ETF 5.6 25 10 6.2 -1.8
HAPI Harbor Human Capital Factor US Large Cap ETF 5.6 36 -1 4.1 -3.9
IDMO Invesco S&P International Developed Momentum ETF 5.4 25 10 5.1 -2.8
OEF iShares S&P 100 ETF 5.3 20 15 3.8 -4.2
FFND Future Fund Active ETF 5.2 100 -65 4.5 -3.5
KBE State Street SPDR S&P Bank ETF 5.2 35 0 8.9 +0.9
FNDB Schwab Fundamental US Broad Market Index ETF 5.2 25 10 6.2 -1.8
VYMI Vanguard International High Dividend Yield ETF 5.2 17 18 8.0 +0.1
BLCV iShares Large Cap Value Active ETF 5.2 53 -18 6.2 -1.7
VLUE iShares MSCI USA Value Factor ETF 5.2 15 20 6.1 -1.8
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 5.2 75 -40 3.2 -4.7
AVDE Avantis International Equity ETF 5.2 23 12 6.3 -1.7
LRGF iShares U.S. Equity Factor ETF 5.2 8 27 4.6 -3.4
LST Leuthold Select Industries ETF 5.2 91 -56 4.8 -3.2
XLG Invesco S&P 500 Top 50 ETF 5.1 20 15 3.7 -4.3
JCHI JPMorgan Active China ETF 5.1 65 -30 16.9 +8.9
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 5.1 20 15 4.2 -3.7
SPYV State Street SPDR Portfolio S&P 500 Value ETF 5.1 4 31 5.8 -2.2
VOOV Vanguard S&P 500 Value ETF 5.1 7 28 5.8 -2.2
IVE iShares S&P 500 Value ETF 5.0 18 17 5.6 -2.3
FELC Fidelity Enhanced Large Cap Core ETF 5.0 18 17 4.3 -3.6
DIVG Invesco S&P 500 High Dividend Growers ETF 5.0 39 -4 7.6 -0.4
VLU State Street SPDR S&P 1500 Value Tilt ETF 5.0 12 23 6.3 -1.7
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 5.0 56 -21 7.1 -0.9
INRO iShares U.S. Industry Rotation Active ETF 5.0 42 -7 3.5 -4.4
FDWM Fidelity Women's Leadership ETF 5.0 59 -24 4.1 -3.9
EVLU iShares MSCI Emerging Markets Value Factor ETF 5.0 35 0 10.0 +2.0
FBCV Fidelity Blue Chip Value ETF 5.0 59 -24 5.7 -2.3
KLMN Invesco MSCI North America Climate ETF 4.9 9 26 4.3 -3.7
PXH Invesco FTSE RAFI Emerging Markets ETF 4.9 49 -14 13.4 +5.4
NACP Impact Shares NAACP Minority Empowerment ETF 4.9 49 -14 3.6 -4.4
JHDV John Hancock U.S. High Dividend ETF 4.8 34 1 6.0 -1.9
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 4.8 15 20 3.0 -4.9
AIA iShares Asia 50 ETF 4.8 50 -15 7.3 -0.7
GOP Unusual Whales Subversive Republican Trading ETF 4.8 50 -15 4.1 -3.8
IOO iShares Global 100 ETF 4.8 41 -6 3.8 -4.1
TOPC iShares S&P 500 3% Capped ETF 4.8 15 20 4.4 -3.6
IUSV iShares Core S&P US Value ETF 4.8 4 31 5.9 -2.0
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 4.7 39 -4 13.4 +5.4
DSPY Tema S&P 500 Historical Weight ETF 4.7 18 17 4.4 -3.6
GEW Cambria Global EW ETF 4.7 29 6 5.4 -2.5
VFMF Vanguard U.S. Multifactor ETF 4.7 18 17 6.5 -1.5
AVIV Avantis International Large Cap Value ETF 4.7 25 10 7.0 -1.0
FICS First Trust International Developed Capital Strength ETF 4.6 70 -35 7.1 -0.9
MGC Vanguard Mega Cap ETF 4.6 7 28 3.9 -4.1
AVSU Avantis Responsible U.S. Equity ETF 4.6 15 20 4.9 -3.0
DFVX Dimensional US Large Cap Vector ETF 4.6 22 13 5.3 -2.6
CATH Global X S&P 500 Catholic Values Custom ETF 4.5 29 6 4.1 -3.9
MTUM iShares MSCI USA Momentum Factor ETF 4.5 15 20 2.3 -5.6
WTV WisdomTree US Value ETF 4.4 12 23 8.0 0.0
IWL iShares Russell Top 200 ETF 4.4 15 20 3.9 -4.1
DFIV Dimensional International Value ETF 4.4 27 8 7.8 -0.1
TMFC Motley Fool 100 Index ETF 4.4 50 -15 2.9 -5.0
XVV iShares ESG Screened S&P 500 ETF 4.4 8 27 4.1 -3.8
QVML Invesco S&P 500 QVM Multi-factor ETF 4.4 11 24 4.3 -3.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 4.3 29 6 5.7 -2.3
SPXV ProShares S&P 500 Ex-Health Care ETF 4.3 9 26 3.9 -4.0
HDUS Hartford Disciplined US Equity ETF 4.3 19 16 4.8 -3.2
CGDV Capital Group Dividend Value ETF 4.3 33 2 3.9 -4.1
LRGC AB US Large Cap Strategic Equities ETF 4.3 48 -13 3.8 -4.1
SPMO Invesco S&P 500 Momentum ETF 4.3 13 22 2.9 -5.0
SNPE Xtrackers S&P 500 ESG ETF 4.3 10 25 4.3 -3.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 4.3 9 26 4.8 -3.1
FFLC Fidelity Fundamental Large Cap Core ETF 4.3 38 -3 3.9 -4.0
CVLC Calvert US Large-Cap Core Responsible Index ETF 4.3 15 20 4.2 -3.7
LCTU BlackRock U.S. Carbon Transition Readiness ETF 4.2 14 21 4.2 -3.8
FIVA Fidelity International Value Factor ETF 4.2 18 17 7.4 -0.6
ESGU iShares ESG Aware MSCI USA ETF 4.2 15 20 4.2 -3.8
AVLV Avantis U.S. Large Cap Value ETF 4.2 15 20 5.9 -2.1
DEM WisdomTree Emerging Markets High Dividend Fund 4.2 63 -28 10.1 +2.1
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 4.2 32 3 5.5 -2.5
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 4.2 10 25 4.2 -3.7
TBG TBG Dividend Focus ETF 4.2 59 -24 6.5 -1.5
BKF iShares MSCI BIC ETF 4.1 69 -34 15.7 +7.8
FRGN Horizon International Equity ETF 4.1 75 -40 7.9 -0.1
UEVM VictoryShares Emerging Markets Value Momentum ETF 4.1 45 -10 9.9 +1.9
JGLO JPMorgan Global Select Equity ETF 4.1 33 2 4.3 -3.7
CGUS Capital Group Core Equity ETF 4.1 33 2 3.6 -4.4
LGDX Intech S&P Large Cap Diversified Alpha ETF 4.1 25 10 4.2 -3.8
SPXE ProShares S&P 500 Ex-Energy ETF 4.1 9 26 4.1 -3.9
RAUS RACWI US ETF 4.1 15 20 4.1 -3.8
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 4.1 20 15 4.0 -4.0
AVUS Avantis U.S. Equity ETF 4.0 15 20 4.8 -3.2
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 4.0 7 28 4.1 -3.9
DFSU Dimensional US Sustainability Core 1 ETF 4.0 18 17 4.7 -3.3
PBUS Invesco MSCI USA ETF 4.0 4 31 4.2 -3.8
VV Vanguard Large-Cap ETF 4.0 4 31 4.1 -3.9
INCE Franklin Income Equity Focus ETF 4.0 29 6 5.6 -2.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 4.0 20 15 4.7 -3.2
VOTE TCW Transform 500 ETF 4.0 5 30 4.1 -3.9
TOV JLens 500 Jewish Advocacy U.S. ETF 4.0 18 17 3.9 -4.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 4.0 2 33 4.2 -3.8
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 3.9 25 10 6.0 -2.0
BKLC BNY Mellon US Large Cap Core Equity ETF 3.9 0 35 12.5 +4.5
SPYM State Street SPDR Portfolio S&P 500 ETF 3.9 2 33 4.2 -3.7
KOKU Xtrackers MSCI Kokusai Equity ETF 3.9 9 26 4.4 -3.6
SPY SPDR S&P 500 ETF 3.9 9 26 4.2 -3.8
VOO Vanguard S&P 500 ETF 3.9 3 32 4.2 -3.7
TOK iShares MSCI Kokusai ETF 3.9 26 9 4.3 -3.7
IVV iShares Core S&P 500 ETF 3.9 3 32 4.2 -3.7
GXLC Global X U.S. 500 ETF 3.9 2 33 4.1 -3.9
ILCB iShares Morningstar U.S. Equity ETF 3.9 3 32 4.1 -3.9
FDLO Fidelity Low Volatility Factor ETF 3.9 15 20 4.9 -3.0
KLMT Invesco MSCI Global Climate 500 ETF 3.9 10 25 4.9 -3.0
FXO First Trust Financials AlphaDEX Fund 3.9 62 -27 8.4 +0.4
AIVL WisdomTree U.S. AI Enhanced Value Fund 3.9 38 -3 5.2 -2.8
ESGV Vanguard ESG U.S. Stock ETF 3.8 9 26 4.1 -3.8
LCF Touchstone US Large Cap Focused ETF 3.8 69 -34 3.6 -4.3
VUSV Vanguard Wellington U.S. Value Active ETF 3.8 30 5 5.7 -2.2
DAX Global X DAX Germany ETF 3.8 21 14 6.5 -1.5
JHML John Hancock Multifactor Large Cap ETF 3.8 29 6 4.5 -3.4
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 3.8 12 23 4.5 -3.5
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 3.8 12 23 3.9 -4.1
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 3.8 12 23 5.4 -2.6
SCHX Schwab U.S. Large-Cap ETF 3.8 3 32 4.3 -3.7
JIVE JPMorgan International Value ETF 3.7 55 -20 8.1 +0.2
DFUS Dimensional U.S. Equity ETF 3.7 9 26 4.1 -3.9
CGDG Capital Group Dividend Growers ETF 3.7 47 -12 5.4 -2.6
DXIV Dimensional International Vector Equity ETF 3.7 34 1 6.7 -1.3
URTH iShares MSCI World ETF 3.7 24 11 4.3 -3.6
CHRI Global X S&P 500 Christian Values ETF 3.7 29 6 3.9 -4.0
GLOF iShares Global Equity Factor ETF 3.7 20 15 5.5 -2.5
IYY iShares Dow Jones U.S. ETF 3.7 20 15 4.1 -3.9
SCHK Schwab 1000 Index ETF 3.7 5 30 4.3 -3.7
FPAG FPA Global Equity ETF 3.7 49 -14 5.8 -2.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 3.7 11 24 4.2 -3.8
OALC OneAscent Large Cap Core ETF 3.7 86 -51 3.4 -4.6
BINV Brandes International ETF 3.6 70 -35 8.7 +0.7
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 3.6 3 32 4.4 -3.6
QUS State Street SPDR MSCI USA StrategicFactors ETF 3.6 15 20 5.0 -2.9
DFEV Dimensional Emerging Markets Value ETF 3.6 43 -8 9.1 +1.1
APUE ActivePassive U.S. Equity ETF 3.6 45 -10 3.9 -4.1
IWB iShares Russell 1000 ETF 3.6 15 20 4.2 -3.8
VONE Vanguard Russell 1000 ETF 3.6 7 28 4.2 -3.7
LOWV AB US Low Volatility Equity ETF 3.6 48 -13 4.4 -3.6
EWG iShares MSCI Germany ETF 3.6 50 -15 6.2 -1.7
GSPY Gotham Enhanced 500 ETF 3.6 50 -15 4.3 -3.6
FENI Fidelity Enhanced International ETF 3.6 28 7 5.8 -2.1
ADME Aptus Drawdown Managed Equity ETF 3.6 79 -44 3.4 -4.5
EWL iShares MSCI Switzerland ETF 3.6 50 -15 6.0 -2.0
FLSW Franklin FTSE Switzerland ETF 3.6 9 26 6.1 -1.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 3.6 30 5 6.4 -1.6
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 3.6 25 10 5.5 -2.4
SNPG Xtrackers S&P 500 Growth ESG ETF 3.6 15 20 4.1 -3.9
SCHB Schwab U.S. Broad Market ETF 3.5 3 32 4.2 -3.7
VTI Vanguard Total Stock Market ETF 3.5 3 32 4.1 -3.8
ITOT iShares Core S&P Total U.S. Stock Market ETF 3.5 3 32 4.1 -3.8
DURA VanEck Durable High Dividend ETF 3.5 29 6 6.5 -1.4
IWV iShares Russell 3000 ETF 3.5 20 15 4.0 -3.9
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 3.5 9 26 4.4 -3.6
DCOR Dimensional US Core Equity 1 ETF 3.5 14 21 4.6 -3.4
INTF iShares International Equity Factor ETF 3.5 15 20 6.5 -1.4
ACEP ARS Core Equity ETF 3.5 45 -10 4.1 -3.8
ZECP Zacks Earnings Consistent Portfolio ETF 3.5 55 -20 4.2 -3.7
RJDI RJ Eagle Dividend Select Income ETF 3.5 55 -20 4.6 -3.4
TOPT iShares Top 20 U.S. Stocks ETF 3.5 20 15 3.2 -4.8
USSE Segall Bryant & Hamill Select Equity ETF 3.5 65 -30 3.0 -5.0
VTHR Vanguard Russell 3000 ETF 3.4 7 28 4.1 -3.8
EWQ iShares MSCI France ETF 3.4 53 -18 7.2 -0.7
ACWI iShares MSCI ACWI ETF 3.4 32 3 4.6 -3.3
AQEC AQE Core ETF 3.4 49 -14 5.2 -2.7
KOCG FIS Knights of Columbus Global Belief ETF 3.4 75 -40 4.6 -3.3
RCGE RockCreek Global Equality ETF 3.4 95 -60 6.3 -1.7
VDIG Vanguard Wellington Dividend Growth Active ETF 3.4 40 -5 4.6 -3.3
USCA Xtrackers MSCI USA Climate Action Equity ETF 3.4 7 28 4.4 -3.6
FVAL Fidelity Value Factor ETF 3.4 15 20 5.9 -2.1
FMTM MarketDesk Focused U.S. Momentum ETF 3.4 45 -10 4.9 -3.0
DFAU Dimensional US Core Equity Market ETF 3.4 12 23 4.3 -3.6
VNSE Natixis Vaughan Nelson Select ETF 3.3 80 -45 3.4 -4.6
QUVU Hartford Quality Value ETF 3.3 46 -11 5.4 -2.6
GSIE Goldman Sachs ActiveBeta International Equity ETF 3.3 25 10 6.2 -1.7
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 3.3 30 5 7.4 -0.5
FLV American Century Focused Large Cap Value ETF 3.3 42 -7 6.0 -1.9
USCL iShares Climate Conscious & Transition MSCI USA ETF 3.3 8 27 4.4 -3.6
DUSA Davis Select U.S. Equity ETF 3.3 61 -26 7.2 -0.8
FLGR Franklin FTSE Germany ETF 3.3 9 26 7.0 -1.0
STXI Strive International Developed Markets ETF 3.3 29 6 6.4 -1.6
AGQI First Trust Active Global Quality Income ETF 3.3 85 -50 6.5 -1.5
DIVE Dana Concentrated Dividend ETF 3.3 65 -30 6.8 -1.2
NULC Nuveen ESG Large-Cap ETF 3.3 21 14 3.9 -4.1
OAIM OneAscent International Equity ETF 3.2 95 -60 4.4 -3.6
EMXF iShares ESG Advanced MSCI EM ETF 3.2 16 19 6.6 -1.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 3.2 25 10 4.9 -3.1
ADIV SmartETFs Asia Pacific Dividend Builder ETF 3.2 78 -43 9.5 +1.5
SFTY Horizon Managed Risk ETF 3.2 77 -42 3.4 -4.5
JPEF JPMorgan Equity Focus ETF 3.2 50 -15 3.8 -4.2
MFMO Motley Fool Momentum Factor ETF 3.1 50 -15 2.1 -5.9
BGIG Bahl & Gaynor Income Growth ETF 3.1 45 -10 4.6 -3.4
JHID John Hancock International High Dividend ETF 3.1 46 -11 8.1 +0.1
QDF FlexShares Quality Dividend Index Fund 3.1 37 -2 5.4 -2.6
NUEM Nuveen ESG Emerging Markets Equity ETF 3.1 36 -1 5.8 -2.2
STOX Horizon Core Equity ETF 3.1 70 -35 3.5 -4.4
RNEM First Trust Emerging Markets Equity Select ETF 3.1 75 -40 8.2 +0.3
BKIE BNY Mellon International Equity ETF 3.1 4 31 18.1 +10.2
FDD First Trust Stoxx European Select Dividend Index Fund 3.1 58 -23 10.1 +2.2
VT Vanguard Total World Stock ETF 3.0 6 29 5.0 -3.0
EQL Alps Equal Sector Weight ETF 3.0 25 10 5.3 -2.7
FVD First Trust Value Line Dividend Index Fund 3.0 65 -30 6.0 -2.0
SPYG State Street SPDR Portfolio S&P 500 Growth ETF 3.0 4 31 3.1 -4.9
IVW iShares S&P 500 Growth ETF 3.0 18 17 2.9 -5.0
VOOG Vanguard S&P 500 Growth ETF 3.0 7 28 18.6 +10.7
ENHU iShares Enhanced Large Cap Core Active ETF 2.9 22 13 4.1 -3.8
LCDS JPMorgan Fundamental Data Science Large Core ETF 2.9 30 5 4.1 -3.9
SPLV Invesco S&P 500 Low Volatility ETF 2.9 25 10 5.4 -2.5
CWI SPDR MSCI ACWI ex-US ETF 2.9 30 5 6.4 -1.5
UIVM VictoryShares International Value Momentum ETF 2.9 35 0 8.1 +0.2
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 2.9 88 -53 8.5 +0.6
SUSA iShares MSCI USA ESG Select ETF 2.9 25 10 4.0 -3.9
PY Principal Value ETF 2.9 15 20 7.1 -0.9
FIDI Fidelity International High Dividend ETF 2.9 18 17 7.4 -0.6
FSZ First Trust Switzerland AlphaDEX Fund 2.9 80 -45 5.4 -2.5
GLBL Pacer MSCI World Industry Advantage ETF 2.9 65 -30 3.4 -4.6
DFAC Dimensional U.S. Core Equity 2 ETF 2.8 17 18 4.7 -3.3
IUSG iShares Core S&P U.S. Growth ETF 2.8 4 31 3.1 -4.8
ALTL Pacer Lunt Large Cap Alternator ETF 2.7 60 -25 5.1 -2.9
IDEV iShares Core MSCI International Developed Markets ETF 2.7 4 31 6.1 -1.9
EUSC WisdomTree Europe Hedged SmallCap Equity Fund 2.7 58 -23 9.2 +1.3
ECON Columbia Emerging Markets Consumer ETF 2.7 49 -14 6.4 -1.5
QWLD SPDR MSCI World StrategicFactors ETF 2.7 30 5 5.2 -2.8
SPVU Invesco S&P 500 Enhanced Value ETF 2.7 13 22 8.6 +0.6
ACWX iShares MSCI ACWI ex U.S. ETF 2.7 34 1 6.4 -1.6
CGGO Capital Group Global Growth Equity ETF 2.6 47 -12 4.1 -3.8
LDEM iShares ESG MSCI EM Leaders ETF 2.6 17 18 12.9 +4.9
YNOT Horizon Digital Frontier ETF 2.6 75 -40 2.5 -5.5
DFSI Dimensional International Sustainability Core 1 ETF 2.6 24 11 5.7 -2.2
SURE AdvisorShares Insiders Advantage ETF 2.6 90 -55 7.9 -0.1
USEW Cambria US EW ETF 2.6 30 5 4.2 -3.7
SFY SoFi Select 500 ETF 2.6 0 35 3.7 -4.3
BITQ Bitwise Crypto Industry Innovators ETF 2.6 85 -50 -2.2 -10.1
GURU Global X Guru Index ETF 2.6 75 -40 2.4 -5.5
YLDE ClearBridge Dividend Strategy ESG ETF 2.5 60 -25 5.5 -2.4
ROAM Hartford Multifactor Emerging Markets ETF 2.5 44 -9 7.5 -0.4
GXUS Goldman Sachs MarketBeta Total International Equity ETF 2.5 18 17 6.4 -1.6
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 2.5 44 -9 9.7 +1.8
RODM Hartford Multifactor Developed Markets (ex-US) ETF 2.5 29 6 7.1 -0.8
VUSE Vident U.S. Equity Strategy ETF 2.5 50 -15 3.8 -4.2
VEA Vanguard FTSE Developed Markets ETF 2.5 3 32 5.9 -2.0
WLDR Affinity World Leaders Equity ETF 2.5 67 -32 5.6 -2.3
SPHB Invesco S&P 500 High Beta ETF 2.5 25 10 3.5 -4.5
BGDV Bahl & Gaynor Dividend ETF 2.5 45 -10 4.1 -3.9
VEU Vanguard FTSE All-World ex-US Index Fund 2.5 4 31 6.7 -1.2
QDEF FlexShares Quality Dividend Defensive Index Fund 2.4 37 -2 5.5 -2.5
SPDW SPDR Portfolio Developed World ex-US ETF 2.4 3 32 5.8 -2.1
VSGX Vanguard ESG International Stock ETF 2.4 10 25 6.6 -1.4
FDEV Fidelity International Multifactor ETF 2.4 18 17 7.4 -0.6
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 2.4 41 -6 5.9 -2.0
EBI Longview Advantage ETF 2.4 35 0 5.9 -2.0
ICAP InfraCap Equity Income Fund ETF 2.3 171 -136 4.8 -3.2
SATO Invesco Alerian Galaxy Crypto Economy ETF 2.3 61 -26 -0.7 -8.7
GMF SPDR S&P Emerging Asia Pacific ETF 2.3 49 -14 8.6 +0.6
JMOM JPMorgan U.S. Momentum Factor ETF 2.3 12 23 3.3 -4.7
VXUS Vanguard Total International Stock ETF 2.3 5 30 6.6 -1.3
FEX First Trust Large Cap Core AlphaDEX Fund 2.3 59 -24 5.1 -2.8
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 2.3 25 10 6.5 -1.4
IXUS iShares Core MSCI Total International Stock ETF 2.3 7 28 6.6 -1.4
BBEU JPMorgan BetaBuilders Europe ETF 2.3 9 26 6.5 -1.5
IEV iShares Europe ETF 2.3 67 -32 6.2 -1.8
CZA Invesco Zacks Mid-Cap ETF 2.3 72 -37 6.1 -1.9
CFA VictoryShares US 500 Volatility Wtd ETF 2.2 35 0 5.5 -2.4
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 2.2 40 -5 5.5 -2.5
RSPE Invesco ESG S&P 500 Equal Weight ETF 2.2 20 15 5.6 -2.4
BLCR iShares Large Cap Core Active ETF 2.2 36 -1 2.9 -5.0
FTC First Trust Large Cap Growth AlphaDEX Fund 2.2 59 -24 1.9 -6.1
ACVF American Conservative Values ETF 2.2 75 -40 3.7 -4.2
FTA First Trust Large Cap Value AlphaDEX Fund 2.2 59 -24 7.9 -0.1
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 2.2 80 -45 3.9 -4.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 2.2 45 -10 6.8 -1.2
SCHF Schwab International Equity ETF 2.1 6 29 5.9 -2.0
FDEM Fidelity Emerging Markets Multifactor ETF 2.1 25 10 10.5 +2.6
NANC Unusual Whales Subversive Democratic Trading ETF 2.1 75 -40 2.8 -5.2
STXG Strive 1000 Growth ETF 2.1 18 17 3.3 -4.7
IVLU iShares MSCI Intl Value Factor ETF 2.1 30 5 8.1 +0.1
EELV Invesco S&P Emerging Markets Low Volatility ETF 2.1 29 6 9.2 +1.2
FMDE Fidelity Enhanced Mid Cap ETF 2.1 23 12 5.4 -2.6
VFQY Vanguard U.S. Quality Factor ETF 2.1 13 22 5.5 -2.5
DEW WisdomTree Global High Dividend Fund 2.1 58 -23 7.4 -0.6
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 2.1 15 20 7.8 -0.2
GVIP Goldman Sachs Hedge Industry VIP ETF 2.1 45 -10 2.5 -5.5
FLEE Franklin FTSE Europe ETF 2.1 9 26 6.6 -1.4
DBEU Xtrackers MSCI Europe Hedged Equity ETF 2.0 46 -11 5.5 -2.5
SPEU SPDR Portfolio Europe ETF 2.0 7 28 6.8 -1.2
VGK Vanguard FTSE Europe ETF 2.0 6 29 6.8 -1.1
SFGV Sequoia Global Value ETF 2.0 23 12 7.2 -0.8
LYLD Cambria Large Cap Shareholder Yield ETF 2.0 59 -24 8.1 +0.1
IEUR iShares Core MSCI Europe ETF 2.0 11 24 6.6 -1.3
EFAS Global X MSCI SuperDividend EAFE ETF 2.0 57 -22 7.6 -0.4
EMGF iShares Emerging Markets Equity Factor ETF 2.0 25 10 8.8 +0.8
RPV Invesco S&P 500 Pure Value ETF 2.0 35 0 8.9 +0.9
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 2.0 39 -4 7.0 -1.0
IQDG WisdomTree International Quality Dividend Growth Fund 2.0 42 -7 5.9 -2.1
FQAL Fidelity Quality Factor ETF 2.0 15 20 4.9 -3.0
CAML Congress Large Cap Growth ETF 2.0 66 -31 2.5 -5.4
JIRE JPMorgan International Research Enhanced Equity ETF 2.0 24 11 5.8 -2.2
IDLV Invesco S&P International Developed Low Volatility ETF 1.9 25 10 6.6 -1.4
VFMO Vanguard U.S. Momentum Factor ETF 1.9 13 22 1.7 -6.2
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 1.9 58 -23 5.4 -2.6
BEEX BeeHive ETF 1.9 84 -49 3.8 -4.2
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 1.9 42 -7 4.2 -3.8
DFIC Dimensional International Core Equity 2 ETF 1.9 23 12 6.3 -1.6
HEZU iShares Currency Hedged MSCI Eurozone ETF 1.9 53 -18 5.5 -2.5
EZU iShares MSCI Eurozone ETF 1.9 52 -17 5.8 -2.1
DIHP Dimensional International High Profitability ETF 1.9 29 6 5.9 -2.1
MEM Matthews Emerging Markets Equity Active ETF 1.9 79 -44 8.6 +0.6
DXUV Dimensional US Vector Equity ETF 1.9 28 7 5.2 -2.7
EEMA iShares MSCI Emerging Markets Asia ETF 1.9 49 -14 7.4 -0.5
RSP Invesco S&P 500 Equal Weight ETF 1.9 20 15 6.0 -1.9
RGEF Rockefeller Global Equity ETF 1.9 55 -20 3.8 -4.2
SPEM SPDR Portfolio Emerging Markets ETF 1.9 7 28 9.5 +1.6
FPX First Trust US Equity Opportunities ETF 1.8 61 -26 0.9 -7.1
MCH Matthews China Active ETF 1.8 79 -44 16.1 +8.1
JVAL JPMorgan U.S. Value Factor ETF 1.8 12 23 6.7 -1.3
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.8 65 -30 5.0 -3.0
USMF WisdomTree U.S. Multifactor Fund 1.8 28 7 6.8 -1.2
IQSU IQ Candriam U.S. Large Cap Equity ETF 1.8 9 26 4.2 -3.8
JHEM John Hancock Multifactor Emerging Markets ETF 1.8 49 -14 7.5 -0.5
PDP Invesco Dorsey Wright Momentum ETF 1.8 62 -27 1.6 -6.3
AVEM Avantis Emerging Markets Equity ETF 1.8 33 2 6.9 -1.1
SCHE Schwab Emerging Markets Equity ETF 1.8 11 24 9.5 +1.5
JGRO JPMorgan Active Growth ETF 1.8 44 -9 2.6 -5.4
ESGD iShares ESG Aware MSCI EAFE ETF 1.7 20 15 5.8 -2.2
FCFY First Trust S&P 500 Diversified Free Cash Flow ETF 1.7 60 -25 9.4 +1.4
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 1.7 40 -5 6.1 -1.8
AAXJ iShares MSCI All Country Asia ex Japan ETF 1.7 70 -35 6.8 -1.2
EUDG WisdomTree Europe Quality Dividend Growth Fund 1.7 58 -23 6.8 -1.2
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 1.7 9 26 5.3 -2.7
DFAI Dimensional International Core Equity Market ETF 1.7 18 17 6.1 -1.9
PRAY FIS Christian Stock Fund 1.7 69 -34 4.1 -3.9
ACWV iShares MSCI Global Min Vol Factor ETF 1.7 20 15 5.8 -2.2
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 1.7 20 15 5.7 -2.2
VFMV Vanguard U.S. Minimum Volatility ETF 1.7 13 22 5.8 -2.2
IQDF FlexShares International Quality Dividend Index Fund 1.7 47 -12 7.5 -0.4
SCHY Schwab International Dividend Equity ETF 1.7 14 21 8.8 +0.9
ESGE iShares ESG Aware MSCI EM ETF 1.6 25 10 8.1 +0.1
SIZE iShares MSCI USA Size Factor ETF 1.6 15 20 5.6 -2.4
DIVY Sound Equity Dividend Income ETF 1.6 45 -10 8.1 +0.1
FNDF Schwab Fundamental International Large Co. Index ETF 1.6 25 10 7.4 -0.6
VWO Vanguard FTSE Emerging Markets ETF 1.6 7 28 9.3 +1.3
JHMD John Hancock Multifactor Developed International ETF 1.6 39 -4 6.3 -1.7
RAYD Rayliant Quantitative Developed Market Equity ETF 1.6 80 -45 3.6 -4.3
EUSA iShares MSCI USA Equal Weighted ETF 1.6 9 26 5.6 -2.3
YOKE Yoke Core ETF 1.6 42 -7 3.9 -4.1
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 1.6 45 -10 5.5 -2.4
EFG iShares MSCI EAFE Growth ETF 1.6 36 -1 3.9 -4.1
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 1.6 30 5 7.9 -0.1
SSPY Syntax Stratified LargeCap ETF 1.6 30 5 6.2 -1.8
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 1.5 20 15 5.7 -2.3
ROUS Hartford Multifactor US Equity ETF 1.5 19 16 5.5 -2.5
HUSV First Trust Horizon Managed Volatility Domestic ETF 1.5 70 -35 4.9 -3.0
ESMV iShares ESG MSCI USA Min Vol Factor ETF 1.5 18 17 5.2 -2.8
FEZ SPDR EURO STOXX 50 ETF 1.5 29 6 5.9 -2.0
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 1.5 69 -34 7.6 -0.4
EEM iShares MSCI Emerging Markets ETF 1.5 69 -34 7.7 -0.2
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 1.5 50 -15 7.9 -0.0
FEUZ First Trust Eurozone AlphaDEX ETF 1.5 80 -45 7.0 -0.9
FEGE First Eagle Global Equity ETF 1.5 79 -44 6.1 -1.8
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 1.4 15 20 8.0 +0.0
HEFA iShares Currency Hedged MSCI EAFE ETF 1.4 35 0 5.7 -2.3
EFA iShares MSCI EAFE ETF 1.4 35 0 5.8 -2.2
EMC Global X Emerging Markets Great Consumer ETF 1.4 75 -40 7.1 -0.9
FLAX Franklin FTSE Asia Ex Japan ETF 1.4 19 16 7.0 -1.0
VFVA Vanguard U.S. Value Factor ETF 1.4 13 22 9.2 +1.3
GINN Goldman Sachs Innovate Equity ETF 1.4 52 -17 3.7 -4.3
CEFA Global X S&P Catholic Values Developed ex-US ETF 1.4 35 0 5.6 -2.3
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 1.4 55 -20 9.1 +1.1
AVSE Avantis Responsible Emerging Markets Equity ETF 1.4 33 2 6.5 -1.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 1.3 36 -1 7.5 -0.4
BKEM BNY Mellon Emerging Markets Equity ETF 1.3 11 24 24.1 +16.1
DFAE Dimensional Emerging Core Equity Market ETF 1.3 35 0 6.9 -1.1
IEMG iShares Core MSCI Emerging Markets ETF 1.3 9 26 8.1 +0.2
MAGA Point Bridge America First ETF 1.3 72 -37 5.5 -2.5
GSID Goldman Sachs MarketBeta International Equity ETF 1.3 20 15 5.9 -2.1
GQQQ Astoria US Quality Growth Kings ETF 1.3 35 0 3.3 -4.6
GQI Natixis Gateway Quality Income ETF 1.3 34 1 4.7 -3.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 1.3 36 -1 5.2 -2.8
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 1.3 10 25 4.2 -3.7
EFV iShares MSCI EAFE Value ETF 1.3 34 1 7.6 -0.4
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 1.3 66 -31 7.3 -0.6
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF 1.3 38 -3 7.2 -0.8
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF 1.3 35 0 7.2 -0.7
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 1.2 59 -24 8.4 +0.5
JPUS JPMorgan Diversified Return U.S. Equity ETF 1.2 18 17 7.1 -0.9
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 1.2 45 -10 8.0 0.0
IEFA iShares Core MSCI EAFE ETF 1.2 7 28 6.1 -1.9
IMCG iShares Morningstar Mid-Cap Growth ETF 1.2 6 29 3.4 -4.6
SUSL iShares ESG MSCI USA Leaders ETF 1.2 10 25 4.2 -3.8
DFEM Dimensional Emerging Markets Core Equity 2 ETF 1.2 38 -3 6.9 -1.0
DSI iShares MSCI KLD 400 Social ETF 1.2 25 10 4.1 -3.9
AGRW Allspring LT Large Growth ETF 1.2 35 0 3.5 -4.5
WSGE Warren Street Global Equity ETF 1.2 80 -45 2.9 -5.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 1.1 41 -6 6.8 -1.1
LGRO Level Four Large Cap Growth Active ETF 1.1 55 -20 3.5 -4.5
LSAF LeaderShares AlphaFactor US Core Equity ETF 1.1 75 -40 6.0 -2.0
DWMF WisdomTree International Multifactor Fund 1.1 38 -3 7.0 -0.9
HFXI IQ FTSE International Equity Currency Neutral ETF 1.1 20 15 5.6 -2.3
NUMV Nuveen ESG Mid-Cap Value ETF 1.1 31 4 5.7 -2.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.1 64 -29 1.3 -6.6
IMCB iShares Morningstar Mid-Cap ETF 1.1 4 31 5.2 -2.7
AVMV Avantis U.S. Mid Cap Value ETF 1.1 20 15 7.7 -0.3
FAB First Trust Multi Cap Value AlphaDEX Fund 1.1 67 -32 8.9 +0.9
IDV iShares International Select Dividend ETF 1.1 51 -16 9.7 +1.7
FYLD Cambria Foreign Shareholder Yield ETF 1.1 59 -24 9.9 +1.9
LOGO Alpha Brands Consumption Leaders ETF 1.1 69 -34 2.8 -5.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.0 56 -21 10.0 +2.1
ROE Astoria US Quality Kings ETF 1.0 49 -14 5.3 -2.6
SYLD Cambria Shareholder Yield ETF 1.0 59 -24 10.3 +2.3
USMV iShares MSCI USA Min Vol Factor ETF 1.0 15 20 5.4 -2.5
EYLD Cambria Emerging Shareholder Yield ETF 1.0 66 -31 8.8 +0.8
FFTY Innovator IBD 50 ETF 1.0 80 -45 0.1 -7.9
DGRW WisdomTree US Quality Dividend Growth Fund 1.0 28 7 5.1 -2.9
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 1.0 15 20 8.9 +0.9
IMCV iShares Morningstar Mid-Cap Value ETF 1.0 6 29 7.1 -0.9
WCEO Hypatia Women CEO ETF 0.9 85 -50 4.7 -3.3
TIME Clockwise Core Equity & Innovation ETF 0.9 95 -60 2.0 -5.9
DIVI Franklin International Core Dividend Tilt Index ETF 0.9 9 26 6.6 -1.3
DOL WisdomTree International LargeCap Dividend Fund 0.9 48 -13 5.6 -2.3
FCPI Fidelity Stocks for Inflation ETF 0.9 15 20 5.8 -2.2
VOE Vanguard Mid-Cap Value ETF 0.8 7 28 6.9 -1.0
AFLG First Trust Active Factor Large Cap ETF 0.8 55 -20 5.0 -2.9
VAMO Cambria Value & Momentum ETF 0.8 61 -26 5.5 -2.5
CVY Invesco Zacks Multi-Asset Income ETF 0.8 106 -71 10.5 +2.5
OUSA ALPS O'Shares U.S. Quality Dividend ETF 0.8 48 -13 5.8 -2.2
IQDY FlexShares International Quality Dividend Dynamic Index Fund 0.8 47 -12 7.2 -0.7
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.8 40 -5 5.8 -2.2
HOMZ Hoya Capital Housing ETF 0.8 30 5 11.5 +3.6
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.8 24 11 7.5 -0.5
AKAF The Frontier Economic Fund 0.8 20 15 5.6 -2.4
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.8 30 5 6.1 -1.8
DWM WisdomTree International Equity Fund 0.8 48 -13 5.7 -2.3
OPTZ Optimize Strategy Index ETF 0.7 50 -15 3.4 -4.5
GK AdvisorShares Gerber Kawasaki ETF 0.7 75 -40 1.5 -6.5
IVSI Applied Finance IVS International Large ETF 0.7 65 -30 6.0 -2.0
NUDM Nuveen ESG International Developed Markets Equity ETF 0.7 31 4 5.5 -2.4
USXF iShares ESG Advanced MSCI USA ETF 0.7 10 25 3.8 -4.1
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.7 14 21 5.3 -2.7
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.7 33 2 6.7 -1.3
EQAL Invesco Russell 1000 Equal Weight ETF 0.6 20 15 6.3 -1.7
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 0.6 5 30 7.7 -0.3
DTH WisdomTree International High Dividend Fund 0.6 58 -23 7.4 -0.5
TPIF Timothy Plan International ETF 0.6 62 -27 5.7 -2.3
FEP First Trust Europe AlphaDEX Fund 0.5 80 -45 7.2 -0.7
VALQ American Century U.S. Quality Value ETF 0.5 29 6 7.3 -0.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.5 39 -4 6.3 -1.7
AVMC Avantis U.S. Mid Cap Equity ETF 0.5 18 17 6.3 -1.7
IWS iShares Russell Mid-Cap Value ETF 0.5 23 12 6.1 -1.8
DMXF iShares ESG Advanced MSCI EAFE ETF 0.5 12 23 4.8 -3.1
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF 0.5 50 -15 8.2 +0.2
LVHI Franklin International Low Volatility High Dividend Index ET 0.5 40 -5 7.5 -0.4
VO Vanguard Mid-Cap ETF 0.5 4 31 21.6 +13.6
JEPI JPMorgan Equity Premium Income ETF 0.5 35 0 5.3 -2.6
JHMM John Hancock Multifactor Mid Cap ETF 0.4 42 -7 5.6 -2.3
ARB AltShares Merger Arbitrage ETF 0.4 77 -42 2.7 -5.3
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.4 12 23 3.6 -4.4
FBCG Fidelity Blue Chip Growth ETF 0.4 59 -24 2.2 -5.7
ALRG Allspring LT Large Core ETF 0.4 28 7 3.5 -4.4
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.4 35 0 5.0 -3.0
IWR iShares Russell Midcap ETF 0.4 19 16 5.5 -2.5
VEGN US Vegan Climate ETF 0.4 60 -25 3.3 -4.7
AVUQ Avantis U.S. Quality ETF 0.3 15 20 3.7 -4.3
XOEF iShares S&P 500 ex S&P 100 ETF 0.3 20 15 4.8 -3.2
ILCG iShares Morningstar Growth ETF 0.3 4 31 3.2 -4.8
FELG Fidelity Enhanced Large Cap Growth ETF 0.3 18 17 3.4 -4.6
FLDZ RiverNorth Patriot ETF 0.3 75 -40 6.4 -1.6
JPIN J.P. Morgan Diversified Return International Equity ETF 0.3 37 -2 7.2 -0.8
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.3 20 15 6.2 -1.8
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 18 6.7 -1.3
IWY iShares Russell Top 200 Growth ETF 0.2 20 15 3.7 -4.2
AOTG AOT Growth and Innovation ETF 0.2 75 -40 1.1 -6.8
ITAN Sparkline Intangible Value ETF 0.2 50 -15 5.7 -2.2
QLV FlexShares US Quality Low Volatility Index Fund 0.2 22 13 5.0 -2.9
IWF iShares Russell 1000 Growth ETF 0.2 19 16 15.1 +7.1
VONG Vanguard Russell 1000 Growth ETF 0.2 7 28 3.8 -4.2
QINT American Century Quality Diversified International ETF 0.2 39 -4 6.7 -1.3
AIEQ AI Powered Equity ETF 0.1 75 -40 3.8 -4.1
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.1 24 11 7.1 -0.9
PRXG Praxis Impact Large Cap Growth ETF 0.1 36 -1 3.2 -4.8
DFSV Dimensional US Small Cap Value ETF 0.1 31 4 8.9 +1.0
DFAS Dimensional U.S. Small Cap ETF 0.1 26 9 5.7 -2.3
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.0 35 0 6.6 -1.4
IQSI IQ Candriam International Equity ETF 0.0 15 20 5.6 -2.4
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.0 20 15 0.8 -7.1
IMFL Invesco International Developed Dynamic Multifactor ETF 0.0 34 1 5.3 -2.6
DFAT Dimensional U.S. Targeted Value ETF 0.0 28 7 8.8 +0.8
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 -14 4.9 -3.0
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.0 60 -25 7.0 -1.0

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 Global Systemically Important Banks ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 5.9 %
Divided by: Fwd. P/BV 0.7 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 8.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.61 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.