Renaissance IPO ETF
ALTAR
Score™		 1.6% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 39.2x P/Sales
ratio		 5.9x
P/BV
ratio		 7.3x Div.
yield		 1.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Renaissance IPO ETF is an exchange-traded fund incorporated in the USA. The ETF provides investors with efficient exposure to a portfolio of newly public companies prior to their inclusion in core U.S. equity portfolios. The ETF tracks the rules-based Renaissance IPO Index designed by leading IPO research firm Renaissance Capital.

FUND BASICS
Category US Equities
Fund Sponsor Renaissance Capital LLC
Website www.renaissancecapital.com
Inception date Oct 16, 2013
Assets (mns) $164
Currency USD
Expense ratio 60 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 49
Wgt avg mkt cap (mns) $13,245
Large cap (>$10bn) 61.3%
Mid cap ($2-10bn) 21.0%
Small cap (<$2bn) 0.0%
Developed mkts 86.9%
Emerging mkts 13.1%

TOP TEN HOLDINGS
ARM HOLDINGS PLC 15.3 %
ASTERA LABS INC 14.8 %
COREWEAVE INC-CL A 9.9 %
KENVUE, INC. 7.4 %
REDDIT INC-CL A 6.3 %
VIKING HOLDINGS LTD 4.6 %
MEDLINE INC-CL A 3.2 %
RUBRIK INC-A 2.8 %
CAVA GROUP INC 2.5 %
CIRCLE INTERNET GROUP INC 2.5 %
Total 69.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 65.3 %
BRITAIN 15.3 %
KAZAKHSTAN 2.1 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
12.2% 11.6% -3.8% 10.0% 8.0%

Market Correlations
versus... Beta R-squared
S&P500 1.87 57%
MSCI EAFE 1.20 35%
MSCI Emg. Mkts. 0.91 48%

Technical Indicators
Recent close $55.70
30d moving avg. $55.36
Annualized volatility 27.5%
Short interest (ETF) 5.6%
Short interest (Underlying) 6.1%
Relative strength (RSI) 46

Liquidity measures
Avg. volume (thou.) 20
Turnover 0.7%
Bid/Ask (% of price) 0.13%
ADV underlying (mns) $1,335

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 589 potential alternatives to the Renaissance IPO ETF ETF based on the alternatives' overlap in portfolio holdings with IPO. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IPO Expense: 60 bp ALTAR Score™: 1.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IPO
Ticker Fund
Name		 Overlap1
vs IPO
(%)		 Expense
ratio
(bp)		 Savings
vs IPO
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs IPO
(%)
FPXE First Trust IPOX Europe Equity Opportunities ETF 12.6 70 -10 4.0 +2.4
NBDS Neuberger Berman Disrupters ETF 9.7 55 5 0.7 -0.9
FPX First Trust US Equity Opportunities ETF 9.5 61 -1 0.8 -0.8
AGIX KraneShares Artificial Intelligence and Technology ETF 8.9 99 -39 1.1 -0.5
SMHX VanEck Fabless Semiconductor ETF 8.3 35 25 1.8 +0.3
WAR U.S. Global Tech and Aerospace & Defense ETF 7.9 60 0 0.1 -1.5
FPXI First Trust International Equity Opportunities ETF 7.5 70 -10 3.9 +2.3
ARKW ARK Next Generation Internet ETF 6.8 87 -27 0.6 -0.9
CHAT Roundhill Generative AI & Technology ETF 6.4 75 -15 4.1 +2.6
SOCL Global X Social Media ETF 6.3 65 -5 12.3 +10.8
QQQJ Invesco NASDAQ Next Gen 100 ETF 6.2 15 45 3.7 +2.2
LOUP Innovator Deepwater Frontier Tech ETF 5.7 70 -10 0.9 -0.7
TOGA Tremblant Global ETF 5.7 69 -9 -0.2 -1.7
CHPX Global X AI Semiconductor & Quantum ETF 5.4 50 10 1.6 +0.1
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 5.3 57 3 2.3 +0.8
ARTY iShares Future AI & Tech ETF 5.1 47 13 2.4 +0.8
MVAL VanEck Morningstar Wide Moat Value ETF 4.7 49 11 6.0 +4.5
PEJ Invesco Leisure and Entertainment ETF 4.6 58 2 0.8 -0.7
ARKK ARK Innovation ETF 4.6 75 -15 -2.8 -4.4
BOUT Innovator IBD Breakout Opportunities ETF 4.6 81 -21 2.9 +1.3
XITK State Street SPDR FactSet Innovative Technology ETF 4.4 45 15 0.1 -1.5
TRFK Pacer Data and Digital Revolution ETF 4.4 60 0 1.8 +0.3
SGRT SMART Earnings Growth 30 ETF 4.4 59 1 2.5 +0.9
SOXQ Invesco PHLX Semiconductor ETF 4.4 19 41 2.0 +0.4
SKYY First Trust Cloud Computing ETF 4.3 60 0 2.5 +0.9
BEDZ AdvisorShares Hotel ETF 4.1 100 -40 4.8 +3.3
BPAY BlackRock Future Financial and Technology ETF 3.8 70 -10 4.8 +3.3
OGIG ALPS O'Shares Global Internet Giants ETF 3.8 48 12 2.4 +0.8
IWP iShares Russell Mid-Cap Growth ETF 3.7 23 37 2.9 +1.3
QNXT iShares Nasdaq-100 ex Top 30 ETF 3.7 20 40 4.0 +2.4
STRN SMART Trend 25 ETF 3.7 59 1 2.4 +0.8
DBSC Deepwater Beachfront Small Cap ETF 3.6 85 -25 1.2 -0.4
CSMD Congress SMid Growth ETF 3.5 69 -9 3.4 +1.8
FFF Founders 100 ETF 3.4 75 -15 2.4 +0.8
CBSE Clough Select Equity ETF 3.4 85 -25 0.4 -1.2
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 3.4 49 11 4.5 +2.9
IDGT iShares U.S. Digital Infrastructure and Real Estate ETF 3.3 41 19 4.3 +2.8
LRNZ TrueShares Technology, AI & Deep Learning ETF 3.3 69 -9 -0.8 -2.3
AIS VistaShares Artificial Intelligence Supercycle ETF 3.3 75 -15 1.0 -0.6
NEWZ StockSnips AI-Powered Sentiment US All Cap ETF 3.3 65 -5 5.0 +3.5
ABOT Abacus FCF Innovation Leaders ETF 3.2 69 -9 3.6 +2.0
SAMM Strategas Macro Momentum ETF 3.2 66 -6 3.9 +2.4
XDAT Franklin Exponential Data ETF 3.2 50 10 1.1 -0.5
TRFM AAM Transformers ETF 3.1 49 11 0.9 -0.6
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 3.1 30 30 3.7 +2.1
HACK ETFMG Prime Cyber Security ETFMG Prime Cyber Security Fund 3.0 60 0 2.3 +0.7
WCBR WisdomTree Cybersecurity Fund 3.0 45 15 1.9 +0.3
BUG Global X Cybersecurity ETF 3.0 51 9 2.1 +0.6
SPAM Themes Cybersecurity ETF 3.0 35 25 1.8 +0.3
FFTY Innovator IBD 50 ETF 3.0 80 -20 0.0 -1.5
QTUM Defiance Quantum ETF 3.0 40 20 3.6 +2.1
DAPP VanEck Digital Transformation ETF 3.0 50 10 0.0 -1.6
BITQ Bitwise Crypto Industry Innovators ETF 3.0 85 -25 -2.3 -3.8
PSCH Invesco S&P SmallCap Health Care ETF 3.0 29 31 2.0 +0.4
FXH First Trust Health Care AlphaDEX Fund 2.9 62 -2 4.3 +2.8
FINX Global X FinTech ETF 2.9 68 -8 2.8 +1.2
DIVZ TrueShares Low Volatility Equity Income ETF 2.9 65 -5 5.9 +4.3
FDG American Century Focused Dynamic Growth ETF 2.8 45 15 1.8 +0.3
DAT ProShares Big Data Refiners ETF 2.8 58 2 2.7 +1.2
SOXX iShares Semiconductor ETF 2.8 35 25 2.0 +0.5
FNY First Trust Mid Cap Growth AlphaDEX Fund 2.7 70 -10 2.0 +0.5
BJK VanEck Gaming ETF 2.7 65 -5 4.6 +3.0
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 2.7 35 25 3.3 +1.8
IBLC iShares Blockchain and Tech ETF 2.7 47 13 -1.3 -2.9
BKCH Global X Blockchain ETF 2.7 50 10 -3.2 -4.7
FDCF Fidelity Disruptive Communications ETF 2.7 50 10 1.8 +0.3
RSPS Invesco S&P 500 Equal Weight Consumer Staples ETF 2.7 40 20 6.9 +5.3
MFIG Motley Fool Innovative Growth Factor ETF 2.6 50 10 2.7 +1.1
VERS ProShares Metaverse ETF 2.6 58 2 0.4 -1.2
FMTM MarketDesk Focused U.S. Momentum ETF 2.6 45 15 4.8 +3.2
MOAT VanEck Morningstar Wide Moat ETF 2.6 46 14 5.2 +3.7
ISHP First Trust Nasdaq Retail ETF 2.6 60 0 5.1 +3.5
IVES Wedbush ETFMG Global Cloud Technology ETF 2.6 68 -8 3.5 +2.0
XHS State Street SPDR S&P Health Care Services ETF 2.5 35 25 3.3 +1.7
FCLD Fidelity Cloud Computing ETF 2.5 39 21 2.7 +1.2
ARKF ARK Fintech Innovation ETF 2.5 75 -15 0.3 -1.3
IVRS iShares Future Metaverse Tech and Communications ETF 2.5 47 13 5.2 +3.6
CIBR First Trust NASDAQ Cybersecurity ETF 2.5 60 0 3.2 +1.6
BUZZ VanEck Social Sentiment ETF 2.4 75 -15 -0.7 -2.2
IHF iShares U.S. Healthcare Providers ETF 2.4 40 20 6.6 +5.0
MFMO Motley Fool Momentum Factor ETF 2.4 50 10 2.0 +0.4
TMAT Main Thematic Innovation ETF 2.4 164 -104 -1.9 -3.5
XLP Consumer Staples Select Sector SPDR 2.4 8 52 5.7 +4.1
PTH Invesco Dorsey Wright Healthcare Momentum ETF 2.4 60 0 -1.3 -2.9
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 2.4 55 5 3.0 +1.5
USRD Themes US R&D Champions ETF 2.4 29 31 4.0 +2.4
CZA Invesco Zacks Mid-Cap ETF 2.4 72 -12 5.5 +4.0
XSD State Street SPDR S&P Semiconductor ETF 2.3 35 25 2.3 +0.7
TMFX Motley Fool Next Index ETF 2.3 50 10 2.8 +1.2
VBK Vanguard Small-Cap Growth ETF 2.3 7 53 1.2 -0.3
IGPT Invesco AI and Next Gen Software ETF 2.3 60 0 2.4 +0.8
RITA ETFB Green SRI REITs ETF 2.3 50 10 5.3 +3.8
PFI Invesco Dorsey Wright Financial Momentum ETF 2.3 60 0 4.4 +2.9
SCDV Bahl & Gaynor Small Cap Dividend ETF 2.3 70 -10 3.8 +2.2
PSR Invesco Active U.S. Real Estate Fund 2.3 35 25 6.8 +5.2
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 2.3 60 0 4.8 +3.3
OSCV Opus Small Cap Value ETF 2.3 79 -19 5.6 +4.1
GURU Global X Guru Index ETF 2.3 75 -15 2.3 +0.7
XSMO Invesco S&P SmallCap Momentum ETF 2.2 39 21 3.5 +1.9
SIXG Defiance Connective Technologies ETF 2.2 30 30 2.7 +1.2
REZ iShares Residential and Multisector Real Estate ETF 2.2 48 12 5.7 +4.2
FMED Fidelity Disruptive Medicine ETF 2.2 50 10 -1.1 -2.7
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.1 39 21 1.1 -0.4
FXL First Trust Technology AlphaDEX Fund 2.1 61 -1 4.8 +3.3
FITE State Street SPDR S&P Kensho Future Security ETF 2.1 45 15 1.0 -0.6
DTEC ALPS Disruptive Technologies ETF 2.1 50 10 3.4 +1.8
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF 2.1 86 -26 0.2 -1.4
SDOG ALPS Sector Dividend Dogs ETF 2.1 36 24 7.8 +6.3
FTCS First Trust Capital Strength ETF 2.0 55 5 5.4 +3.8
WCLD WisdomTree Cloud Computing Fund 2.0 45 15 1.2 -0.4
CAML Congress Large Cap Growth ETF 2.0 66 -6 2.4 +0.8
AIVC Amplify Bloomberg AI Value Chain ETF 2.0 59 1 3.4 +1.9
EKG First Trust Nasdaq Lux Digital Health Solutions ETF 2.0 65 -5 0.4 -1.1
HEAL Global X HealthTech ETF 2.0 50 10 -1.4 -3.0
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.0 10 50 3.4 +1.8
VXF Vanguard Extended Market ETF 1.9 5 55 3.6 +2.0
AIRR First Trust RBA American Industrial Renaissance ETF 1.9 70 -10 3.6 +2.1
GRNJ Fundstrat Granny Shots US Small & Mid Cap ETF 1.9 75 -15 1.9 +0.4
SMH VanEck Semiconductor ETF 1.9 35 25 2.0 +0.5
SMLF iShares U.S. SmallCap Equity Factor ETF 1.9 15 45 4.7 +3.1
CGXU Capital Group International Focus Equity ETF 1.8 54 6 3.7 +2.2
CHGX AXS Change Finance ESG ETF 1.8 49 11 4.2 +2.6
BYRE Principal Real Estate Active Opportunities ETF 1.8 65 -5 6.9 +5.3
WTAI WisdomTree Artificial Intelligence and Innovation Fund 1.8 45 15 1.9 +0.3
ABLG Abacus FCF International Leaders ETF 1.8 59 1 6.5 +5.0
METV Roundhill Ball Metaverse ETF 1.8 59 1 7.9 +6.3
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 1.8 58 2 3.0 +1.4
FXD First Trust Consumer Discretionary AlphaDEX Fund 1.8 61 -1 7.5 +5.9
ISCG iShares Morningstar Small-Cap Growth ETF 1.7 6 54 2.6 +1.1
IYK iShares U.S. Consumer Staples ETF 1.7 40 20 5.8 +4.3
SDY State Street SPDR S&P Dividend ETF 1.7 35 25 5.9 +4.3
WISE Themes Generative Artificial Intelligence ETF 1.7 35 25 -0.4 -2.0
XHE State Street SPDR S&P Health Care Equipment ETF 1.7 35 25 3.3 +1.7
FBCG Fidelity Blue Chip Growth ETF 1.7 59 1 2.2 +0.6
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 1.7 95 -35 -0.6 -2.1
VOT Vanguard Mid-Cap Growth ETF 1.7 7 53 3.0 +1.5
AQEC AQE Core ETF 1.7 49 11 5.0 +3.5
JSML Janus Henderson Small Cap Growth Alpha ETF 1.7 30 30 2.5 +1.0
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.6 64 -4 1.2 -0.3
SATO Invesco Alerian Galaxy Crypto Economy ETF 1.6 61 -1 -0.7 -2.3
IWR iShares Russell Midcap ETF 1.6 19 41 5.1 +3.6
PSC Principal U.S. Small-Cap ETF 1.6 38 22 3.4 +1.9
XSW State Street SPDR S&P Software & Services ETF 1.6 35 25 2.5 +0.9
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.5 35 25 10.6 +9.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 1.5 9 51 5.0 +3.5
ROSC Hartford Multifactor Small Cap ETF 1.5 34 26 6.7 +5.1
IWO iShares Russell 2000 Growth ETF 1.4 24 36 0.5 -1.1
HELX Franklin Genomic Advancements ETF 1.4 50 10 -1.3 -2.8
HTEC ROBO Global Healthcare Technology and Innovation ETF 1.4 68 -8 2.1 +0.6
WDNA WisdomTree BioRevolution Fund 1.4 45 15 -2.0 -3.6
FCOM Fidelity MSCI Communication Services Index ETF 1.4 8 52 4.6 +3.0
SHOC Strive U.S. Semiconductor ETF Strive U.S. Semiconductor ETF 1.4 40 20 1.8 +0.2
BLOK Amplify Transformational Data Sharing ETF 1.4 75 -15 -0.1 -1.7
FTC First Trust Large Cap Growth AlphaDEX Fund 1.4 59 1 1.8 +0.2
VDC Vanguard Consumer Staples ETF 1.4 9 51 5.5 +3.9
RZG Invesco S&P Smallcap 600 Pure Growth ETF 1.4 35 25 2.8 +1.2
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 1.3 65 -5 1.3 -0.3
IMCG iShares Morningstar Mid-Cap Growth ETF 1.3 6 54 3.2 +1.6
FDLS Inspire Fidelis Multi Factor ETF 1.3 76 -16 3.0 +1.5
PTL Inspire 500 ETF 1.3 9 51 4.3 +2.8
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 1.3 86 -26 12.3 +10.8
FSTA FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF 1.3 8 52 5.5 +3.9
AGRW Allspring LT Large Growth ETF 1.3 35 25 3.3 +1.8
FNX First Trust Mid Cap Core AlphaDEX Fund 1.3 60 0 5.9 +4.4
SPYD State Street SPDR Portfolio S&P 500 High Dividend ETF 1.3 7 53 9.7 +8.1
GVLU Gotham 1000 Value ETF 1.3 50 10 7.8 +6.2
GXPS Global X PureCap MSCI Consumer Staples ETF 1.3 25 35 4.8 +3.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 1.3 39 21 6.7 +5.2
HGRO Hedgeye Quality Growth ETF 1.2 70 -10 3.4 +1.8
GGME Invesco Next Gen Media and Gaming ETF 1.2 60 0 4.4 +2.9
PABU iShares Paris-Aligned Climate MSCI USA ETF 1.2 10 50 3.6 +2.1
VOX Vanguard Communication Services ETF 1.2 9 51 4.5 +3.0
VO Vanguard Mid-Cap ETF 1.2 4 56 20.3 +18.7
VB Vanguard Small-Cap ETF 1.2 5 55 5.0 +3.4
WLDR Affinity World Leaders Equity ETF 1.2 67 -7 5.5 +3.9
PSCI Invesco S&P SmallCap Industrials ETF 1.2 29 31 4.2 +2.7
VTWG Vanguard Russell 2000 Growth ETF 1.2 10 50 0.6 -0.9
AFMC First Trust Active Factor Mid Cap ETF 1.2 65 -5 6.7 +5.1
EQAL Invesco Russell 1000 Equal Weight ETF 1.2 20 40 5.9 +4.4
BKMC BNY Mellon US Mid Cap Core Equity ETF 1.2 4 56 16.4 +14.8
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 1.1 15 45 3.4 +1.9
IJT iShares S&P Small-Cap 600 Growth ETF 1.1 18 42 3.4 +1.8
JMOM JPMorgan U.S. Momentum Factor ETF 1.1 12 48 3.2 +1.7
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.1 60 0 -0.9 -2.4
IQM Franklin Intelligent Machines ETF 1.1 50 10 1.2 -0.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.1 9 51 3.4 +1.9
SIZE iShares MSCI USA Size Factor ETF 1.1 15 45 5.3 +3.7
XMMO Invesco S&P MidCap Momentum ETF 1.1 34 26 3.5 +1.9
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.1 7 53 5.1 +3.5
EUSA iShares MSCI USA Equal Weighted ETF 1.1 9 51 5.3 +3.7
QGRO American Century U.S. Quality Growth ETF 1.1 29 31 3.9 +2.4
STXM Strive Mid-Cap ETF 1.1 18 42 5.9 +4.4
LOGO Alpha Brands Consumption Leaders ETF 1.0 69 -9 2.6 +1.0
XMLV Invesco S&P MidCap Low Volatility ETF 1.0 25 35 6.5 +5.0
VIOO Vanguard S&P Small-Cap 600 ETF 1.0 7 53 5.7 +4.2
FDMO Fidelity Momentum Factor ETF 1.0 15 45 2.4 +0.9
FTXL First Trust Nasdaq Semiconductor ETF 1.0 60 0 2.1 +0.5
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 1.0 15 45 2.9 +1.4
PTF Invesco Dorsey Wright Technology Momentum ETF 1.0 60 0 -1.0 -2.6
FSCS First Trust SMID Capital Strength ETF 1.0 60 0 6.7 +5.2
BAI iShares AI Innovation and Tech Active ETF 1.0 55 5 1.0 -0.6
KXI iShares Global Consumer Staples ETF 1.0 41 19 5.3 +3.7
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 1.0 15 45 4.0 +2.5
IJK iShares S&P Mid-Cap 400 Growth ETF 1.0 17 43 4.0 +2.5
RWR State Street SPDR Dow Jones REIT ETF 1.0 25 35 6.5 +4.9
ANEW ProShares MSCI Transformational Changes ETF 1.0 45 15 4.2 +2.7
ISCB iShares Morningstar Small-Cap ETF 1.0 4 56 5.1 +3.5
IMCB iShares Morningstar Mid-Cap ETF 1.0 4 56 5.0 +3.4
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 1.0 30 30 7.3 +5.7
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.0 25 35 7.2 +5.7
FDN First Trust Dow Jones Internet Index Fund 0.9 52 8 2.6 +1.0
FDND FT Vest Dow Jones Internet & Target Income ETF 0.9 75 -15 2.5 +1.0
EZM WisdomTree U.S. MidCap Fund 0.9 38 22 7.6 +6.1
PKW Invesco Buyback Achievers ETF 0.9 62 -2 6.9 +5.3
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.9 20 40 0.8 -0.8
SMMD iShares Russell 2500 ETF 0.9 15 45 5.2 +3.7
JHMM John Hancock Multifactor Mid Cap ETF 0.9 42 18 5.2 +3.7
IETC iShares U.S. Tech Independence Focused ETF 0.9 18 42 3.0 +1.5
VALQ American Century U.S. Quality Value ETF 0.9 29 31 6.9 +5.4
USRT iShares Core U.S. REIT ETF 0.9 8 52 6.7 +5.2
VOE Vanguard Mid-Cap Value ETF 0.9 7 53 6.5 +5.0
QQWZ Pacer Cash COWZ 100-Nasdaq100 Rotator ETF 0.9 49 11 7.5 +6.0
IWS iShares Russell Mid-Cap Value ETF 0.9 23 37 5.7 +4.2
HUMN Roundhill Humanoid Robotics ETF 0.9 75 -15 1.3 -0.3
AVMC Avantis U.S. Mid Cap Equity ETF 0.9 18 42 5.8 +4.3
XAR State Street SPDR S&P Aerospace & Defense ETF 0.9 35 25 1.7 +0.1
DFAR Dimensional US Real Estate ETF 0.9 19 41 7.0 +5.4
IWM iShares Russell 2000 ETF 0.8 19 41 2.5 +0.9
FLDZ RiverNorth Patriot ETF 0.8 75 -15 5.4 +3.8
BKSE BNY Mellon US Small Cap Core Equity ETF 0.8 4 56 14.7 +13.1
RSSL Global X Russell 2000 ETF 0.8 8 52 2.5 +1.0
HYP Golden Eagle Dynamic Hypergrowth ETF 0.8 85 -25 -0.8 -2.3
RNMC First Trust Mid Cap US Equity Select ETF 0.8 60 0 6.6 +5.1
FSST Fidelity Sustainable U.S. Equity ETF 0.8 59 1 3.6 +2.0
FFLC Fidelity Fundamental Large Cap Core ETF 0.8 38 22 3.7 +2.2
LRGC AB US Large Cap Strategic Equities ETF 0.8 48 12 3.7 +2.1
RBLD First Trust Alerian US NextGen Infrastructure ETF 0.8 65 -5 3.8 +2.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.8 39 21 3.3 +1.8
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.8 60 0 6.5 +4.9
BFOR ALPS Barron's 400 ETF 0.8 65 -5 20.5 +19.0
JPSV JPMorgan Active Small Cap Value ETF 0.8 74 -14 6.8 +5.2
FRI First Trust S&P REIT Index Fund 0.8 50 10 6.3 +4.7
SMOT VanEck Morningstar SMID Moat ETF 0.8 49 11 6.1 +4.5
TPSC Timothy Plan US Small Cap Core ETF 0.8 52 8 6.2 +4.7
SXQG ETC 6 Meridian Quality Growth ETF 0.8 100 -40 2.9 +1.4
KNCT Invesco Next Gen Connectivity ETF 0.8 40 20 2.9 +1.4
AFSM First Trust Active Factor Small Cap ETF 0.8 75 -15 5.3 +3.7
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.7 20 40 5.8 +4.2
AIPO Defiance AI & Power Infrastructure ETF 0.7 69 -9 0.8 -0.7
VTWO Vanguard Russell 2000 ETF 0.7 7 53 2.6 +1.1
SFYF SoFi Social 50 ETF 0.7 29 31 0.8 -0.8
BBH VanEck Biotech ETF 0.7 35 25 4.9 +3.4
PRN Invesco Dorsey Wright Industrials Momentum ETF 0.7 60 0 1.3 -0.3
GK AdvisorShares Gerber Kawasaki ETF 0.7 75 -15 1.4 -0.1
HDV iShares Core High Dividend ETF 0.7 8 52 29.0 +27.5
PNQI Invesco NASDAQ Internet ETF 0.7 60 0 3.7 +2.1
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.7 43 17 4.6 +3.1
IBBQ Invesco Nasdaq Biotechnology ETF 0.7 19 41 0.3 -1.3
USMF WisdomTree U.S. Multifactor Fund 0.7 28 32 6.4 +4.9
AOTG AOT Growth and Innovation ETF 0.7 75 -15 1.2 -0.4
MISL First Trust Indxx Aerospace & Defense ETF 0.7 60 0 1.7 +0.2
LFSC F/m Emerald Life Sciences Innovation ETF 0.7 79 -19 0.0 -1.6
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.7 40 20 2.8 +1.3
VUSE Vident U.S. Equity Strategy ETF 0.7 50 10 3.6 +2.0
WGMI Valkyrie Bitcoin Miners ETF 0.7 75 -15 -2.8 -4.4
FBOT Fidelity Disruptive Automation ETF 0.7 50 10 2.8 +1.2
JHSC John Hancock Multifactor Small Cap ETF 0.7 42 18 5.7 +4.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.7 39 21 2.1 +0.5
SHLD Global X Defense Tech ETF 0.7 50 10 2.9 +1.4
CGUS Capital Group Core Equity ETF 0.7 33 27 3.4 +1.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.7 21 39 2.9 +1.3
FSMD Fidelity Small-Mid Multifactor ETF 0.7 15 45 6.2 +4.7
VNQ Vanguard Real Estate ETF 0.7 13 47 6.6 +5.1
MDY SPDR S&P Midcap 400 ETF Trust 0.7 23 37 5.7 +4.2
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.7 17 43 4.7 +3.1
FEX First Trust Large Cap Core AlphaDEX Fund 0.6 59 1 4.8 +3.2
IJR iShares Core S&P Small Cap ETF 0.6 6 54 5.9 +4.3
IJH iShares Core S&P Mid-Cap ETF 0.6 5 55 5.9 +4.3
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.6 3 57 5.9 +4.4
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 0.6 3 57 5.9 +4.4
RWO SPDR Dow Jones Global Real Estate ETF 0.6 50 10 6.1 +4.5
NULV Nuveen ESG Large-Cap Value ETF 0.6 26 34 5.0 +3.4
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 0.6 60 0 5.5 +3.9
AVRE Avantis Real Estate ETF 0.6 17 43 6.6 +5.1
FMDE Fidelity Enhanced Mid Cap ETF 0.6 23 37 5.1 +3.6
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.6 15 45 5.8 +4.2
IGV iShares Expanded Tech-Software Sector ETF 0.6 41 19 3.2 +1.6
FESM Fidelity Enhanced Small Cap ETF 0.6 28 32 2.1 +0.5
IMCV iShares Morningstar Mid-Cap Value ETF 0.6 6 54 6.6 +5.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.6 47 13 5.0 +3.4
ARKQ ARK Autonomous Technology & Robotics ETF 0.6 75 -15 1.0 -0.6
BOTZ Global X Robotics & Artificial Intelligence ETF 0.6 69 -9 1.9 +0.4
HAIL State Street SPDR S&P Kensho Smart Mobility ETF 0.6 45 15 -1.4 -3.0
AOTS AOT Software Platform ETF 0.6 49 11 4.7 +3.2
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.6 20 40 8.3 +6.8
REET iShares Global REIT ETF 0.6 14 46 6.7 +5.2
VFMO Vanguard U.S. Momentum Factor ETF 0.6 13 47 1.7 +0.1
NULG Nuveen ESG Large-Cap Growth ETF 0.6 26 34 2.8 +1.3
CARZ First Trust NASDAQ Global Auto Index Fund 0.6 70 -10 2.4 +0.8
FDHT Fidelity Digital Health ETF 0.6 39 21 1.8 +0.2
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.6 29 31 6.1 +4.6
IYW iShares U.S. Technology ETF 0.6 40 20 2.9 +1.3
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.6 20 40 3.7 +2.2
WCEO Hypatia Women CEO ETF 0.6 85 -25 4.3 +2.8
FREL Fidelity MSCI Real Estate Index ETF 0.6 8 52 6.8 +5.3
MNZL Manzil Russell Halal USA Broad MarketETF 0.6 40 20 3.8 +2.2
SMOX Horizon Small/Mid Cap Core Equity ETF 0.5 75 -15 5.1 +3.5
SFY SoFi Select 500 ETF 0.5 0 60 3.7 +2.1
WSML iShares MSCI World Small-Cap ETF 0.5 15 45 5.2 +3.6
AVMV Avantis U.S. Mid Cap Value ETF 0.5 20 40 7.0 +5.5
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.5 20 40 5.3 +3.8
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.5 10 50 4.1 +2.6
LRGF iShares U.S. Equity Factor ETF 0.5 8 52 4.5 +2.9
DFGR Dimensional Global Real Estate ETF 0.5 22 38 6.8 +5.3
PPTY US Diversified Real Estate ETF 0.5 53 7 7.2 +5.7
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.5 35 25 5.6 +4.0
BCOR Grayscale Bitcoin Adopters ETF 0.5 59 1 2.2 +0.6
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.5 20 40 5.4 +3.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.5 24 36 6.9 +5.3
FHLC Fidelity MSCI Health Care Index ETF 0.5 8 52 5.1 +3.6
FDFF Fidelity Disruptive Finance ETF 0.5 50 10 5.0 +3.5
NIXT Research Affiliates Deletions ETF 0.5 9 51 5.9 +4.4
VHT Vanguard Health Care ETF 0.5 9 51 4.9 +3.3
TPHE Timothy Plan High Dividend Stock Enhanced ETF 0.5 54 6 6.0 +4.4
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 0.5 59 1 3.9 +2.4
TAX Cambria Tax Aware ETF 0.5 49 11 3.9 +2.4
DFAS Dimensional U.S. Small Cap ETF 0.4 26 34 5.2 +3.7
IGM iShares Expanded Tech Sector ETF 0.4 41 19 2.6 +1.0
GTEK Goldman Sachs Future Tech Leaders Equity ETF 0.4 75 -15 1.8 +0.2
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.4 12 48 3.5 +2.0
AVLV Avantis U.S. Large Cap Value ETF 0.4 15 45 5.6 +4.1
SSPY Syntax Stratified LargeCap ETF 0.4 30 30 5.8 +4.3
STXK Strive Small-Cap ETF 0.4 18 42 4.9 +3.3
IYC iShares U.S. Consumer Discretionary ETF 0.4 40 20 3.6 +2.0
VBR Vanguard Small Cap Value ETF 0.4 7 53 7.4 +5.9
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 0.4 60 0 3.2 +1.6
SVAL iShares US Small Cap Value Factor ETF 0.4 20 40 6.7 +5.1
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 0.4 72 -12 2.5 +0.9
FVD First Trust Value Line Dividend Index Fund 0.4 65 -5 5.5 +3.9
VONG Vanguard Russell 1000 Growth ETF 0.4 7 53 3.7 +2.1
IWF iShares Russell 1000 Growth ETF 0.4 19 41 14.7 +13.1
UFO Procure Space ETF 0.4 75 -15 0.0 -1.5
FTXR First Trust Nasdaq Transportation ETF 0.4 60 0 6.5 +4.9
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 0.4 38 22 8.4 +6.8
PAVE Global X U.S. Infrastructure Development ETF 0.4 47 13 4.1 +2.5
PPA Invesco Aerospace & Defense ETF 0.4 58 2 1.7 +0.1
ERET iShares Environmentally Aware Real Estate ETF 0.4 30 30 6.7 +5.1
NANC Unusual Whales Subversive Democratic Trading ETF 0.4 75 -15 2.8 +1.2
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 0.4 11 49 6.8 +5.3
FTEC Fidelity MSCI Information Technology Index ETF 0.4 8 52 3.0 +1.4
FMKT The Free Markets ETF 0.4 76 -16 4.1 +2.5
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.4 20 40 7.0 +5.5
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.4 52 8 4.7 +3.2
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.4 10 50 4.1 +2.5
VGT Vanguard Information Technology ETF 0.4 9 51 24.4 +22.9
IYH iShares U.S. Healthcare ETF 0.4 40 20 5.6 +4.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 42 6.6 +5.1
IBB iShares Biotechnology ETF 0.4 45 15 -0.5 -2.0
XJH iShares ESG Screened S&P Mid-Cap ETF 0.4 12 48 5.7 +4.2
AIQ Global X Artificial Intelligence & Technology ETF 0.4 68 -8 2.7 +1.2
PDP Invesco Dorsey Wright Momentum ETF 0.4 62 -2 1.5 -0.0
ITA iShares U.S. Aerospace & Defense ETF 0.3 40 20 1.4 -0.2
DFLV Dimensional US Large Cap Value ETF 0.3 22 38 5.8 +4.3
AVUQ Avantis U.S. Quality ETF 0.3 15 45 3.6 +2.0
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.3 11 49 4.0 +2.5
IWV iShares Russell 3000 ETF 0.3 20 40 3.9 +2.3
VTHR Vanguard Russell 3000 ETF 0.3 7 53 4.0 +2.5
XMAG Defiance Large Cap ex-Mag 7 ETF 0.3 35 25 4.1 +2.6
CRTC Xtrackers US National Critical Technologies ETF 0.3 35 25 4.0 +2.5
BKLC BNY Mellon US Large Cap Core Equity ETF 0.3 0 60 12.2 +10.6
WBIY WBI Power Factor High Dividend ETF 0.3 100 -40 11.3 +9.8
VICE AdvisorShares Vice ETF 0.3 99 -39 5.8 +4.3
AUSF Global X Adaptive U.S. Factor ETF 0.3 27 33 7.8 +6.2
FXG First Trust Consumer Staples AlphaDEX Fund 0.3 63 -3 8.1 +6.5
PBJ Invesco Food & Beverage ETF 0.3 57 3 8.0 +6.5
DSMC Distillate Small/Mid Cash Flow ETF 0.3 55 5 9.9 +8.4
VONE Vanguard Russell 1000 ETF 0.3 7 53 4.1 +2.6
IWB iShares Russell 1000 ETF 0.3 15 45 4.0 +2.5
VTI Vanguard Total Stock Market ETF 0.3 3 57 4.0 +2.5
GXPC Global X PureCap MSCI Communication Services ETF 0.3 25 35 3.9 +2.4
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.3 9 51 4.2 +2.7
ILCG iShares Morningstar Growth ETF 0.3 4 56 3.1 +1.5
CFA VictoryShares US 500 Volatility Wtd ETF 0.3 35 25 5.1 +3.6
JQUA JPMorgan U.S. Quality Factor ETF 0.3 12 48 4.7 +3.2
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.3 40 20 5.1 +3.5
IVOO Vanguard S&P Mid-Cap 400 ETF 0.3 7 53 5.9 +4.3
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.3 12 48 6.0 +4.4
NULC Nuveen ESG Large-Cap ETF 0.3 21 39 3.8 +2.3
SPHQ Invesco S&P 500 Quality ETF 0.3 15 45 4.5 +3.0
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -29 4.2 +2.6
OPTZ Optimize Strategy Index ETF 0.3 50 10 3.3 +1.7
GXPT Global X PureCap MSCI Information Technology ETF 0.3 25 35 3.2 +1.6
PRXV Praxis Impact Large Cap Value ETF 0.3 36 24 5.3 +3.7
VEGN US Vegan Climate ETF 0.3 60 0 3.3 +1.7
JHML John Hancock Multifactor Large Cap ETF 0.3 29 31 4.3 +2.8
INRO iShares U.S. Industry Rotation Active ETF 0.3 42 18 3.4 +1.9
QQQM Invesco NASDAQ 100 ETF 0.3 15 45 3.2 +1.7
XJR iShares ESG Screened S&P Small-Cap ETF 0.3 12 48 5.7 +4.2
MVPA Miller Value Partners Appreciation ETF 0.3 60 0 9.2 +7.6
QQQ Invesco QQQ Trust Series I 0.3 20 40 3.2 +1.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 57 4.0 +2.5
NATO Themes Transatlantic Defense ETF 0.3 35 25 1.7 +0.2
NUSC Nuveen ESG Small-Cap ETF 0.3 31 29 4.6 +3.1
QINT American Century Quality Diversified International ETF 0.3 39 21 6.4 +4.8
PBUS Invesco MSCI USA ETF 0.3 4 56 4.1 +2.5
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.3 7 53 4.0 +2.4
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.3 9 51 4.1 +2.5
WSGE Warren Street Global Equity ETF 0.3 80 -20 2.8 +1.2
TOV JLens 500 Jewish Advocacy U.S. ETF 0.3 18 42 3.8 +2.3
GLBL Pacer MSCI World Industry Advantage ETF 0.3 65 -5 3.3 +1.7
STXG Strive 1000 Growth ETF 0.3 18 42 3.2 +1.6
EQL Alps Equal Sector Weight ETF 0.3 25 35 5.0 +3.4
GXLC Global X U.S. 500 ETF 0.3 2 58 4.0 +2.4
VUG Vanguard Growth ETF 0.3 4 56 20.3 +18.8
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.3 35 25 6.7 +5.1
IJJ iShares S&P Mid-Cap 400 Value ETF 0.2 18 42 7.5 +6.0
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 0.2 15 45 7.6 +6.0
IWD iShares Russell 1000 Value ETF 0.2 19 41 5.0 +3.5
VONV Vanguard Russell 1000 Value ETF 0.2 7 53 5.1 +3.6
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.2 10 50 7.6 +6.1
IYY iShares Dow Jones U.S. ETF 0.2 20 40 4.0 +2.4
ISCV iShares Morningstar Small Cap Value ETF 0.2 6 54 7.2 +5.7
DFUV Dimensional US Marketwide Value ETF 0.2 22 38 5.8 +4.3
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 51 4.0 +2.5
APIE ActivePassive International Equity ETF 0.2 45 15 6.2 +4.6
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.2 35 25 5.4 +3.9
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.2 15 45 5.9 +4.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.2 2 58 4.1 +2.5
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.2 40 20 3.4 +1.9
VOTE TCW Transform 500 ETF 0.2 5 55 4.0 +2.4
HAPI Harbor Human Capital Factor US Large Cap ETF 0.2 36 24 4.0 +2.4
DFAC Dimensional U.S. Core Equity 2 ETF 0.2 17 43 4.5 +3.0
DFAU Dimensional US Core Equity Market ETF 0.2 12 48 4.2 +2.6
DIVB iShares Core Dividend ETF 0.2 5 55 6.4 +4.8
KLMN Invesco MSCI North America Climate ETF 0.2 9 51 4.2 +2.6
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.2 58 2 5.1 +3.6
IHAK iShares Cybersecurity & Tech ETF 0.2 47 13 3.2 +1.6
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 57 4.0 +2.5
IWN iShares Russell 2000 Value ETF 0.2 24 36 4.4 +2.9
MODL VictoryShares WestEnd U.S. Sector ETF 0.2 42 18 3.9 +2.4
VTWV Vanguard Russell 2000 Value ETF 0.2 10 50 4.6 +3.0
XOEF iShares S&P 500 ex S&P 100 ETF 0.2 20 40 4.5 +3.0
DFUS Dimensional U.S. Equity ETF 0.2 9 51 4.0 +2.4
STXV Strive 1000 Value ETF 0.2 18 42 6.6 +5.0
VT Vanguard Total World Stock ETF 0.2 6 54 4.9 +3.3
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 0.2 5 55 7.2 +5.7
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.2 25 35 4.7 +3.1
VV Vanguard Large-Cap ETF 0.2 4 56 4.0 +2.5
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 51 4.3 +2.7
ENHU iShares Enhanced Large Cap Core Active ETF 0.2 22 38 4.0 +2.4
MTUM iShares MSCI USA Momentum Factor ETF 0.2 15 45 2.3 +0.8
DXUV Dimensional US Vector Equity ETF 0.2 28 32 5.0 +3.4
VTV Vanguard Value ETF 0.2 4 56 5.6 +4.0
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.2 24 36 5.7 +4.1
ROUS Hartford Multifactor US Equity ETF 0.2 19 41 5.2 +3.7
AVSC Avantis U.S Small Cap Equity ETF 0.2 25 35 4.3 +2.7
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 40 5.6 +4.1
AVUS Avantis U.S. Equity ETF 0.2 15 45 4.6 +3.0
EPS WisdomTree U.S. LargeCap Fund 0.2 8 52 4.6 +3.0
IYF iShares U.S. Financials ETF 0.2 40 20 5.3 +3.8
GVUS Marketbeta Russell 1000 Value Equity ETF 0.2 12 48 5.1 +3.5
GINN Goldman Sachs Innovate Equity ETF 0.2 52 8 3.6 +2.0
AVUV Avantis U.S. Small Cap Value ETF 0.2 25 35 7.5 +5.9
JAVA JPMorgan Active Value ETF 0.2 44 16 5.2 +3.6
TMFC Motley Fool 100 Index ETF 0.2 50 10 2.9 +1.3
DFVX Dimensional US Large Cap Vector ETF 0.2 22 38 5.1 +3.5
DFSU Dimensional US Sustainability Core 1 ETF 0.2 18 42 4.5 +2.9
DFSV Dimensional US Small Cap Value ETF 0.2 31 29 8.3 +6.7
FIDU Fidelity MSCI Industrial Index ETF 0.2 8 52 3.5 +1.9
USMV iShares MSCI USA Min Vol Factor ETF 0.2 15 45 5.2 +3.7
DCOR Dimensional US Core Equity 1 ETF 0.2 14 46 4.4 +2.9
VIS Vanguard Industrials ETF 0.2 9 51 3.5 +2.0
USEW Cambria US EW ETF 0.2 30 30 4.0 +2.5
PRXG Praxis Impact Large Cap Growth ETF 0.2 36 24 3.1 +1.5
TOK iShares MSCI Kokusai ETF 0.2 26 34 4.2 +2.6
URTH iShares MSCI World ETF 0.2 24 36 4.2 +2.6
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.2 80 -20 6.5 +5.0
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.2 25 35 5.4 +3.9
PBW Invesco WilderHill Clean Energy ETF 0.2 66 -6 -3.0 -4.6
SLYV State Street SPDR S&P 600 Small Cap Value ETF 0.2 15 45 8.4 +6.9
RAFE PIMCO RAFI ESG U.S. ETF 0.2 29 31 5.9 +4.3
FELG Fidelity Enhanced Large Cap Growth ETF 0.2 18 42 3.3 +1.8
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 45 4.7 +3.2
BUYZ Franklin Disruptive Commerce ETF 0.2 50 10 2.4 +0.8
KLMT Invesco MSCI Global Climate 500 ETF 0.2 10 50 4.8 +3.2
VYM Vanguard High Dividend Yield Index ETF 0.1 6 54 5.9 +4.3
EVUS iShares ESG Aware MSCI USA Value ETF 0.1 18 42 5.4 +3.8
APUE ActivePassive U.S. Equity ETF 0.1 45 15 3.8 +2.2
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.1 10 50 8.4 +6.9
IJS iShares S&P Small-Cap 600 Value ETF 0.1 18 42 8.3 +6.8
HLAL Wahed FTSE USA Shariah ETF 0.1 50 10 3.5 +2.0
HWAY Themes US Infrastructure ETF 0.1 29 31 4.6 +3.1
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 0.1 12 48 3.2 +1.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 40 4.6 +3.1
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.1 32 28 3.8 +2.3
DES WisdomTree U.S. SmallCap Dividend Fund 0.1 38 22 7.6 +6.0
QQMG Invesco ESG NASDAQ 100 ETF 0.1 20 40 3.1 +1.6
GSPY Gotham Enhanced 500 ETF 0.1 50 10 4.2 +2.7
IFRA iShares U.S. Infrastructure ETF 0.1 30 30 5.5 +4.0
IUSV iShares Core S&P US Value ETF 0.1 4 56 5.7 +4.1
ACWI iShares MSCI ACWI ETF 0.1 32 28 4.5 +3.0
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 57 5.7 +4.1
IVE iShares S&P 500 Value ETF 0.1 18 42 5.4 +3.8
ILCV iShares Morningstar Value ETF 0.1 4 56 5.1 +3.5
VOOV Vanguard S&P 500 Value ETF 0.1 7 53 5.5 +4.0
SPYV State Street SPDR Portfolio S&P 500 Value ETF 0.1 4 56 5.5 +4.0
SPIT F/m Emerald Special Situations ETF 0.1 105 -45 -0.7 -2.3
PGJ Invesco Golden Dragon China ETF 0.1 70 -10 14.9 +13.4
GNOM Global X Genomics & Biotechnology ETF 0.1 50 10 -2.3 -3.8
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 45 4.1 +2.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 51 4.7 +3.2
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 43 6.2 +4.6
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.1 15 45 4.9 +3.3
SUSL iShares ESG MSCI USA Leaders ETF 0.1 10 50 4.1 +2.5
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.1 10 50 4.1 +2.5
ADME Aptus Drawdown Managed Equity ETF 0.1 79 -19 3.3 +1.7
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.1 45 15 3.6 +2.0
DON WisdomTree U.S. MidCap Dividend Fund 0.1 38 22 7.8 +6.2
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 27 6.7 +5.1
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.1 3 57 4.2 +2.7
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 32 8.1 +6.5
RVRB Reverb ETF 0.1 30 30 3.6 +2.1
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 11 4.8 +3.2
SPXT ProShares S&P 500 Ex-Technology ETF 0.1 9 51 4.8 +3.2
GLOF iShares Global Equity Factor ETF 0.1 20 40 5.4 +3.9
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 48 3.8 +2.2
RWL Invesco S&P 500 Revenue ETF 0.1 39 21 5.5 +3.9
FLCH Franklin FTSE China ETF 0.1 19 41 17.8 +16.3
PRF Invesco FTSE RAFI US 1000 ETF 0.1 34 26 5.4 +3.8
DSPY Tema S&P 500 Historical Weight ETF 0.1 18 42 4.3 +2.7
TOPC iShares S&P 500 3% Capped ETF 0.1 15 45 4.2 +2.7
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.1 8 52 4.3 +2.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.1 49 11 5.9 +4.4
VFMF Vanguard U.S. Multifactor ETF 0.1 18 42 6.2 +4.6
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 53 4.3 +2.7
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 40 4.1 +2.5
IUS Invesco RAFI Strategic US ETF 0.1 19 41 5.3 +3.7
RWK Invesco S&P MidCap 400 Revenue ETF 0.1 39 21 7.3 +5.8
IEUS iShares MSCI Europe Small-Cap ETF 0.1 42 18 6.6 +5.0
BCDF Horizon Kinetics Blockchain Development ETF 0.1 85 -25 3.7 +2.2
EBI Longview Advantage ETF 0.1 35 25 5.7 +4.1
RAUS RACWI US ETF 0.1 15 45 4.0 +2.5
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 51 3.9 +2.4
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.1 35 25 4.6 +3.1
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 51 3.8 +2.3
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 49 4.2 +2.6
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 51 3.9 +2.4
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.1 30 30 3.6 +2.1
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 42 5.2 +3.6
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 40 3.9 +2.3
MADE iShares U.S. Manufacturing ETF 0.1 40 20 3.4 +1.8
VOO Vanguard S&P 500 ETF 0.1 3 57 4.1 +2.6
SPY SPDR S&P 500 ETF 0.1 9 51 4.0 +2.5
IVV iShares Core S&P 500 ETF 0.1 3 57 4.1 +2.6
SPYM State Street SPDR Portfolio S&P 500 ETF 0.1 2 58 4.1 +2.6
OUSA ALPS O'Shares U.S. Quality Dividend ETF 0.1 48 12 5.4 +3.8
IUSG iShares Core S&P U.S. Growth ETF 0.1 4 56 3.0 +1.5
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.1 15 45 4.9 +3.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 41 4.9 +3.4
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 31 3.9 +2.3
GXC SPDR S & P China ETF 0.0 59 1 18.7 +17.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.0 39 21 6.6 +5.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 15 6.6 +5.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 31 5.4 +3.9
IYJ iShares U.S. Industrials ETF 0.0 40 20 3.8 +2.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.0 12 48 4.3 +2.8
REVS Columbia Research Enhanced Value ETF 0.0 19 41 6.3 +4.7
SCZ iShares MSCI EAFE Small-Cap ETF 0.0 40 20 6.0 +4.5
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 30 5.0 +3.4
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.0 25 35 4.0 +2.5
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.0 36 24 7.5 +6.0
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.0 15 45 8.8 +7.2
SFGV Sequoia Global Value ETF 0.0 23 37 6.9 +5.3
VWO Vanguard FTSE Emerging Markets ETF 0.0 7 53 9.0 +7.5
BKEM BNY Mellon Emerging Markets Equity ETF 0.0 11 49 24.0 +22.5
VFH Vanguard Financials ETF 0.0 9 51 5.7 +4.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 1 8.5 +7.0
RECS Columbia Research Enhanced Core ETF 0.0 15 45 5.2 +3.6
FLAX Franklin FTSE Asia Ex Japan ETF 0.0 19 41 7.1 +5.6
FNCL Fidelity MSCI Financials Index ETF 0.0 8 52 5.7 +4.1
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 32 5.5 +3.9
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 53 9.4 +7.8
IEUR iShares Core MSCI Europe ETF 0.0 11 49 6.2 +4.6
VEU Vanguard FTSE All-World ex-US Index Fund 0.0 4 56 6.5 +5.0
VXUS Vanguard Total International Stock ETF 0.0 5 55 6.5 +4.9
IEFA iShares Core MSCI EAFE ETF 0.0 7 53 5.9 +4.3
GEW Cambria Global EW ETF 0.0 29 31 5.2 +3.7
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -30 3.0 +1.5
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 46 4.0 +2.5

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:		 Renaissance IPO ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

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

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 14.8 %
Divided by: Fwd. P/BV 6.9 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 1.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.65 CATEGORY
AVERAGE		 1.57
 
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.