Global X Renewable Energy Producers ETF
ALTAR
Score™		 5.2% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 19.3x P/Sales
ratio		 1.7x
P/BV
ratio		 1.0x Div.
yield		 4.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Global X Renewable Energy Producers ETF seeks to invest in companies that produce energy from renewable sources including wind, solar, hydroelectric, geothermal, and biofuels.

FUND BASICS
Category Global Equities
Fund Sponsor Global X Management Co LLC
Website www.globalxfunds.com
Inception date May 27, 2015
Assets (mns) $23
Currency USD
Expense ratio 66 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Brown Brothers Harriman & Co
Weighting Tiered
Index replication Full
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 38
Wgt avg mkt cap (mns) $6,239
Large cap (>$10bn) 21.6%
Mid cap ($2-10bn) 63.1%
Small cap (<$2bn) 14.0%
Developed mkts 77.2%
Emerging mkts 22.8%

TOP TEN HOLDINGS
AXIA ENERGIA 6.8 %
VERBUND AG 6.5 %
EDP RENOVAVEIS SA 6.0 %
BARITO RENEWABLE 6.0 %
ORSTED 5.9 %
ENLIGHT RENEWABLE ENERGY LTD 5.5 %
ENGIE BRASIL ENERGIA S.A. 4.7 %
ORMAT TECHNOLOGIES INC 4.7 %
BROOKFIELD RENEWABLE PARTNERS LP 4.5 %
MERIDIAN ENERGY LTD 4.5 %
Total 55.2 %

TOP COUNTRY EXPOSURE
NEW ZEALAND 12.9 %
BRAZIL 11.6 %
SPAIN 10.0 %
UNITED STATES 9.5 %
ISRAEL 8.3 %
INDONESIA 7.6 %
AUSTRIA 6.8 %
DENMARK 6.0 %
BERMUDA 4.4 %
HONG KONG 3.1 %

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.
-2.5% 2.9% -6.0% 1.7% -0.4%

Market Correlations
versus... Beta R-squared
S&P500 0.71 31%
MSCI EAFE 0.66 41%
MSCI Emg. Mkts. 0.41 41%

Technical Indicators
Recent close $31.98
30d moving avg. $34.75
Annualized volatility 121.9%
Short interest (ETF) 3.0%
Relative strength (RSI) 44

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.1%
Bid/Ask (% of price) 0.70%
ADV underlying (mns) $3,780

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 433 potential alternatives to the Global X Renewable Energy Producers ETF ETF based on the alternatives' overlap in portfolio holdings with RNRG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: RNRG Expense: 66 bp ALTAR Score™: 5.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH RNRG
Ticker Fund
Name		 Overlap1
vs RNRG
(%)		 Expense
ratio
(bp)		 Savings
vs RNRG
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs RNRG
(%)
FAN First Trust Global Wind Energy ETF 29.1 60 6 3.2 -2.0
TAN Invesco Solar ETF 19.8 67 -1 6.0 +0.8
ACES ALPS Clean Energy ETF 17.2 55 11 -3.1 -8.3
PBD Invesco Global Clean Energy ETF 13.3 75 -9 0.4 -4.8
ICLN iShares Global Clean Energy ETF 12.7 41 25 2.2 -3.0
ENZL iShares MSCI New Zealand ETF 12.3 50 16 3.8 -1.4
VCLN Virtus Duff & Phelps Clean Energy ETF 11.8 59 7 2.8 -2.4
SMOG VanEck Low Carbon Energy ETF 11.8 61 5 1.4 -3.8
ERTH Invesco MSCI Sustainable Future ETF 6.2 62 4 3.6 -1.6
ITEQ BlueStar Israel Technology ETF 5.6 75 -9 1.2 -4.0
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 5.6 58 8 -2.0 -7.2
SOLR Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund 5.4 79 -13 3.8 -1.4
CNRG State Street SPDR S&P Kensho Clean Power ETF 5.3 45 21 0.1 -5.1
CCSO Carbon Collective Climate Solutions US Equity ETF 5.1 35 31 1.1 -4.1
EWO iShares MSCI Austria ETF 4.6 50 16 7.4 +2.2
PUI Invesco Dorsey Wright Utilities Momentum ETF 4.5 60 6 5.1 -0.1
KGRN KraneShares MSCI China Clean Technology Index ETF 4.1 79 -13 4.4 -0.8
FLBR Franklin FTSE Brazil ETF 3.7 19 47 11.2 +6.0
EWZ iShares MSCI Brazil ETF 3.7 58 8 10.2 +5.0
CCNR ALPS CoreCommodity Natural Resources ETF 3.5 39 27 8.4 +3.2
PID Invesco International Dividend Achievers ETF 3.2 53 13 4.5 -0.7
EIS iShares MSCI Israel ETF 3.1 58 8 6.8 +1.6
ISRA VanEck Israel ETF 2.9 59 7 5.9 +0.7
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 2.8 29 37 4.0 -1.2
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 2.8 55 11 4.8 -0.4
EDEN iShares MSCI Denmark ETF 2.7 53 13 6.5 +1.3
ECOW Pacer Emerging Markets Cash Cows 100 ETF 2.7 70 -4 9.9 +4.7
IDX VanEck Indonesia Index ETF 2.6 57 9 10.4 +5.2
FPWR First Trust EIP Power Solutions ETF 2.6 96 -30 4.9 -0.3
PBW Invesco WilderHill Clean Energy ETF 2.5 66 0 -3.4 -8.6
DTEC ALPS Disruptive Technologies ETF 2.4 50 16 3.5 -1.7
FLLA Franklin FTSE Latin America ETF 2.1 19 47 10.7 +5.5
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.0 60 6 11.1 +6.0
IMOM Alpha Architect International Quantitative Momentum ETF 2.0 49 17 4.6 -0.6
ILF iShares Latin America 40 ETF 1.8 48 18 9.7 +4.5
SDG iShares MSCI Global Sustainable Development Goals ETF 1.8 49 17 4.8 -0.4
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 1.8 30 36 14.8 +9.6
FXU First Trust Utilities AlphaDEX Fund 1.6 64 2 6.0 +0.8
DIV Global X SuperDividend US ETF 1.5 45 21 9.9 +4.7
EVX VanEck Environmental Services ETF 1.5 55 11 4.3 -0.9
EMIF iShares Emerging Markets Infrastructure ETF 1.5 60 6 2.9 -2.3
XSMO Invesco S&P SmallCap Momentum ETF 1.5 39 27 3.9 -1.3
GVAL Cambria Global Value ETF 1.4 68 -2 8.4 +3.2
WBIY WBI Power Factor High Dividend ETF 1.4 100 -34 12.6 +7.4
DBSC Deepwater Beachfront Small Cap ETF 1.4 85 -19 1.2 -4.0
SIMS State Street SPDR S&P Kensho Intelligent Structures ETF 1.3 45 21 4.8 -0.4
EELV Invesco S&P Emerging Markets Low Volatility ETF 1.3 29 37 9.2 +4.0
JXI iShares Global Utilities ETF 1.3 43 23 5.7 +0.6
OCEN IQ Clean Oceans ETF 1.2 45 21 4.7 -0.5
FID First Trust S&P International Dividend Aristocrats ETF 1.2 60 6 7.8 +2.6
XMMO Invesco S&P MidCap Momentum ETF 1.2 34 32 3.8 -1.4
ABLD Abacus FCF Real Assets Leaders ETF 1.1 69 -3 6.8 +1.6
EMLP First Trust North American Energy Infrastructure Fund 1.1 95 -29 5.0 -0.2
OAIM OneAscent International Equity ETF 1.1 95 -29 4.4 -0.8
SIXS ETC 6 Meridian Small Cap Equity ETF 1.1 89 -23 8.2 +3.0
AVDV Avantis International Small Cap Value ETF 1.1 36 30 7.6 +2.4
PSCI Invesco S&P SmallCap Industrials ETF 1.0 29 37 4.9 -0.3
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 1.0 35 31 9.4 +4.2
JSTC Adasina Social Justice All Cap Global ETF 1.0 89 -23 4.3 -0.9
ZAP Global X U.S. Electrification ETF 1.0 50 16 3.7 -1.5
FYLD Cambria Foreign Shareholder Yield ETF 0.9 59 7 9.9 +4.7
FDEV Fidelity International Multifactor ETF 0.9 18 48 7.4 +2.2
AVDS Avantis International Small Cap Equity ETF 0.9 30 36 6.0 +0.8
DISV Dimensional International Small Cap Value ETF 0.9 42 24 8.0 +2.8
WDIV SPDR S&P Global Dividend ETF 0.9 40 26 9.2 +4.0
WWJD Inspire International ETF 0.9 80 -14 6.5 +1.3
TRFM AAM Transformers ETF 0.9 49 17 1.0 -4.2
FUTY Fidelity MSCI Utilities Index ETF 0.9 8 58 5.6 +0.4
HAP VanEck Natural Resources ETF 0.8 50 16 6.6 +1.4
BESF Bastion Energy ETF 0.8 80 -14 9.2 +4.0
ETHO Etho Climate Leadership U.S. ETF 0.8 47 19 4.0 -1.2
UEVM VictoryShares Emerging Markets Value Momentum ETF 0.8 45 21 9.9 +4.7
EIPX FT Energy Income Partners Strategy ETF 0.8 95 -29 6.0 +0.8
DEM WisdomTree Emerging Markets High Dividend Fund 0.8 63 3 10.1 +4.9
WDNA WisdomTree BioRevolution Fund 0.8 45 21 -1.7 -6.9
FEUZ First Trust Eurozone AlphaDEX ETF 0.8 80 -14 7.0 +1.8
RFG Invesco S&P Midcap 400 Pure Growth ETF 0.8 35 31 4.8 -0.4
SCOW Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF 0.8 59 7 8.2 +3.1
EWUS iShares MSCI United Kingdom Small Cap ETF 0.8 59 7 7.4 +2.2
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.8 25 41 7.9 +2.7
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.8 52 14 5.2 -0.0
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.7 70 -4 2.3 -2.9
FPXI First Trust International Equity Opportunities ETF 0.7 70 -4 4.2 -1.0
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.7 80 -14 7.1 +2.0
EIPI FT Energy Income Partners Enhanced Income ETF 0.7 110 -44 5.7 +0.5
NUDM Nuveen ESG International Developed Markets Equity ETF 0.7 31 35 5.5 +0.3
PABD iShares Paris-Aligned Climate MSCI World ex USA ETF 0.7 12 54 5.4 +0.2
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.7 10 56 3.8 -1.4
IJT iShares S&P Small-Cap 600 Growth ETF 0.7 18 48 3.8 -1.4
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 0.7 15 51 3.8 -1.4
VPU Vanguard Utilities ETF 0.7 9 57 5.6 +0.4
EMDM First Trust Bloomberg Emerging Market Democracies ETF 0.7 75 -9 6.2 +1.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.7 12 54 4.5 -0.7
NORW Global X MSCI Norway ETF 0.7 50 16 8.1 +3.0
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.7 35 31 6.8 +1.6
ENOR iShares MSCI Norway ETF 0.6 53 13 7.9 +2.7
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.6 20 46 0.8 -4.4
JHSC John Hancock Multifactor Small Cap ETF 0.6 42 24 6.3 +1.1
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 0.6 80 -14 5.8 +0.6
DFIS Dimensional International Small Cap ETF 0.6 39 27 6.2 +1.0
DWX SPDR S&P International Dividend ETF 0.6 45 21 7.0 +1.8
UIVM VictoryShares International Value Momentum ETF 0.6 35 31 8.1 +2.9
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.6 80 -14 12.6 +7.4
FLN First Trust Latin America AlphaDEX Fund 0.6 80 -14 10.1 +4.9
KNO AXS Knowledge Leaders ETF 0.6 78 -12 4.0 -1.2
IEUS iShares MSCI Europe Small-Cap ETF 0.6 42 24 7.0 +1.8
NUSC Nuveen ESG Small-Cap ETF 0.6 31 35 5.1 -0.1
TPSC Timothy Plan US Small Cap Core ETF 0.6 52 14 6.8 +1.6
FNDC Schwab Fundamental International Small Co. Index ETF 0.5 39 27 6.7 +1.6
DON WisdomTree U.S. MidCap Dividend Fund 0.5 38 28 8.5 +3.3
PSC Principal U.S. Small-Cap ETF 0.5 38 28 3.7 -1.5
IDLV Invesco S&P International Developed Low Volatility ETF 0.5 25 41 6.6 +1.4
IWN iShares Russell 2000 Value ETF 0.5 24 42 4.8 -0.4
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.5 80 -14 6.8 +1.6
VTWV Vanguard Russell 2000 Value ETF 0.5 10 56 5.0 -0.2
MJSC MUFG Japan Small Cap Active ETF 0.5 85 -19 4.5 -0.7
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 17 6.1 +0.9
POWR iShares U.S. Power Infrastructure ETF 0.5 40 26 4.5 -0.7
FESM Fidelity Enhanced Small Cap ETF 0.5 28 38 2.3 -2.9
WCEO Hypatia Women CEO ETF 0.5 85 -19 4.7 -0.5
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.5 15 51 6.4 +1.2
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.5 80 -14 8.7 +3.5
OBOR KraneShares MSCI One Belt One Road Index ETF 0.5 79 -13 7.3 +2.1
EFAV iShares MSCI EAFE Min Vol Factor ETF 0.5 22 44 5.7 +0.5
SCHC Schwab International Small-Cap Equity ETF 0.5 11 55 6.6 +1.4
BKSE BNY Mellon US Small Cap Core Equity ETF 0.5 4 62 16.1 +10.9
HAPS Harbor Human Capital Factor US Small Cap ETF 0.4 60 6 3.3 -1.9
SIXL ETC 6 Meridian Low Beta Equity ETF 0.4 80 -14 6.3 +1.1
FEP First Trust Europe AlphaDEX Fund 0.4 80 -14 7.2 +2.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.4 39 27 2.2 -3.0
BLES Inspire Global Hope ETF 0.4 61 5 5.9 +0.7
AVSD Avantis Responsible International Equity ETF 0.4 23 43 6.0 +0.8
DXIV Dimensional International Vector Equity ETF 0.4 34 32 6.7 +1.5
EMMF WisdomTree Emerging Markets Multifactor Fund 0.4 48 18 8.6 +3.4
SCZ iShares MSCI EAFE Small-Cap ETF 0.4 40 26 6.2 +1.0
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.4 20 46 5.7 +0.5
INTF iShares International Equity Factor ETF 0.4 15 51 6.5 +1.3
POW VistaShares Electrification Supercycle ETF 0.4 75 -9 2.3 -2.9
FTRI First Trust Indxx Global Natural Resources Income ETF 0.4 70 -4 6.8 +1.7
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 0.4 35 31 6.6 +1.4
BKF iShares MSCI BIC ETF 0.4 69 -3 15.7 +10.5
XJR iShares ESG Screened S&P Small-Cap ETF 0.4 12 54 6.3 +1.1
ESGD iShares ESG Aware MSCI EAFE ETF 0.4 20 46 5.8 +0.6
EPP iShares MSCI Pacific ex-Japan ETF 0.4 47 19 5.0 -0.2
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.4 24 42 7.5 +2.3
GINN Goldman Sachs Innovate Equity ETF 0.4 52 14 3.7 -1.5
TPIF Timothy Plan International ETF 0.4 62 4 5.7 +0.5
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.4 8 58 6.4 +1.2
DFSI Dimensional International Sustainability Core 1 ETF 0.4 24 42 5.7 +0.5
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.4 15 51 4.3 -0.9
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.4 10 56 4.3 -0.9
IJK iShares S&P Mid-Cap 400 Growth ETF 0.4 17 49 4.3 -0.9
CLNR IQ Cleaner Transport ETF 0.4 45 21 4.0 -1.2
GWX SPDR S&P International Small Cap ETF 0.3 40 26 5.8 +0.6
AVES Avantis Emerging Markets Value ETF 0.3 36 30 9.0 +3.8
EEMO Invesco S&P Emerging Markets Momentum ETF 0.3 29 37 6.2 +1.0
IPKW Invesco International BuyBack Achievers ETF 0.3 55 11 8.1 +2.9
VIOO Vanguard S&P Small-Cap 600 ETF 0.3 7 59 6.3 +1.1
IJR iShares Core S&P Small Cap ETF 0.3 6 60 6.5 +1.3
ECNS iShares MSCI China Small-Cap ETF 0.3 59 7 10.5 +5.3
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 0.3 3 63 6.5 +1.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 27 7.0 +1.8
IDMO Invesco S&P International Developed Momentum ETF 0.3 25 41 5.1 -0.1
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.3 17 49 5.0 -0.2
RNEM First Trust Emerging Markets Equity Select ETF 0.3 75 -9 8.2 +3.1
ESGE iShares ESG Aware MSCI EM ETF 0.3 25 41 8.1 +2.9
DTH WisdomTree International High Dividend Fund 0.3 58 8 7.4 +2.2
AVDE Avantis International Equity ETF 0.3 23 43 6.3 +1.1
EES WisdomTree U.S. SmallCap Fund 0.3 38 28 7.9 +2.7
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.3 15 51 7.0 +1.8
FSMD Fidelity Small-Mid Multifactor ETF 0.3 15 51 6.7 +1.5
WSML iShares MSCI World Small-Cap ETF 0.3 15 51 5.5 +0.3
THD iShares MSCI Thailand ETF 0.3 58 8 0.0 -5.2
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.3 9 57 3.7 -1.5
CRTC Xtrackers US National Critical Technologies ETF 0.3 35 31 4.0 -1.2
FNX First Trust Mid Cap Core AlphaDEX Fund 0.3 60 6 6.5 +1.3
RSSL Global X Russell 2000 ETF 0.3 8 58 2.8 -2.4
PXH Invesco FTSE RAFI Emerging Markets ETF 0.3 49 17 13.4 +8.2
DFIC Dimensional International Core Equity 2 ETF 0.3 23 43 6.3 +1.1
IWM iShares Russell 2000 ETF 0.3 19 47 2.7 -2.5
VTWO Vanguard Russell 2000 ETF 0.3 7 59 2.8 -2.4
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.3 35 31 3.3 -1.9
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.3 24 42 7.1 +1.9
SCHA Schwab U.S. Small-Cap ETF 0.3 4 62 4.5 -0.7
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF 0.3 9 57 7.9 +2.7
DIM WisdomTree International MidCap Dividend Fund 0.3 58 8 6.4 +1.3
STXM Strive Mid-Cap ETF 0.2 18 48 6.1 +0.9
IDU iShares U.S. Utilities ETF 0.2 40 26 5.0 -0.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.2 45 21 8.0 +2.8
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.2 50 16 7.9 +2.7
AVSC Avantis U.S Small Cap Equity ETF 0.2 25 41 4.6 -0.6
ISCF iShares International SmallCap Equity Factor ETF 0.2 23 43 7.3 +2.1
XC WisdomTree Emerging Markets Ex-China Fund 0.2 32 34 6.9 +1.7
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.2 39 27 7.5 +2.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.2 64 2 1.3 -3.9
STXE Strive Emerging Markets Ex-China ETF 0.2 32 34 5.1 -0.1
VEXC Vanguard Emerging Markets Ex-China ETF 0.2 7 59 5.6 +0.5
IDEV iShares Core MSCI International Developed Markets ETF 0.2 4 62 6.1 +0.9
IEFA iShares Core MSCI EAFE ETF 0.2 7 59 6.1 +0.9
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.2 14 52 5.3 +0.1
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.2 42 24 7.6 +2.4
JHEM John Hancock Multifactor Emerging Markets ETF 0.2 49 17 7.5 +2.3
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.2 15 51 8.9 +3.7
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.2 15 51 6.4 +1.2
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.2 29 37 6.6 +1.4
IPAV Global X Infrastructure Development ex-U.S. ETF 0.2 55 11 6.2 +1.0
XJH iShares ESG Screened S&P Mid-Cap ETF 0.2 12 54 6.2 +1.0
DFAI Dimensional International Core Equity Market ETF 0.2 18 48 6.1 +0.9
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 46 4.7 -0.5
EFG iShares MSCI EAFE Growth ETF 0.2 36 30 3.9 -1.3
IEUR iShares Core MSCI Europe ETF 0.2 11 55 6.6 +1.5
FDMO Fidelity Momentum Factor ETF 0.2 15 51 2.5 -2.7
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 0.2 19 47 5.4 +0.2
EQAL Invesco Russell 1000 Equal Weight ETF 0.2 20 46 6.3 +1.1
DLS WisdomTree International SmallCap Dividend Fund 0.2 58 8 7.4 +2.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 46 4.0 -1.2
DFAS Dimensional U.S. Small Cap ETF 0.2 26 40 5.7 +0.5
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.2 30 36 6.1 +0.9
ISCG iShares Morningstar Small-Cap Growth ETF 0.2 6 60 2.8 -2.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.2 30 36 6.4 +1.2
XT iShares Exponential Technologies ETF 0.2 46 20 3.8 -1.4
FNDA Schwab Fundamental US Small Co. Index ETF 0.2 25 41 6.3 +1.1
ISMD Inspire Small/Mid Cap ETF 0.2 54 12 5.1 -0.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.2 39 27 6.3 +1.1
DWM WisdomTree International Equity Fund 0.2 48 18 5.7 +0.5
IQSI IQ Candriam International Equity ETF 0.2 15 51 5.6 +0.4
DMXF iShares ESG Advanced MSCI EAFE ETF 0.2 12 54 4.8 -0.4
MDY SPDR S&P Midcap 400 ETF Trust 0.2 23 43 6.2 +1.0
GCOW Pacer Global Cash Cows Dividend ETF 0.2 60 6 9.6 +4.5
ISCB iShares Morningstar Small-Cap ETF 0.2 4 62 5.5 +0.3
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.2 20 46 5.7 +0.5
SCHE Schwab Emerging Markets Equity ETF 0.2 11 55 9.5 +4.3
VYMI Vanguard International High Dividend Yield ETF 0.2 17 49 8.0 +2.8
VBK Vanguard Small-Cap Growth ETF 0.2 7 59 1.3 -3.9
IJH iShares Core S&P Mid-Cap ETF 0.2 5 61 6.3 +1.1
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.2 45 21 5.5 +0.4
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.2 36 30 5.2 -0.0
GSID Goldman Sachs MarketBeta International Equity ETF 0.2 20 46 5.9 +0.7
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.2 36 30 7.5 +2.3
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.2 40 26 5.8 +0.6
IVOO Vanguard S&P Mid-Cap 400 ETF 0.2 7 59 6.3 +1.1
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.2 3 63 6.4 +1.2
ISCV iShares Morningstar Small Cap Value ETF 0.2 6 60 7.9 +2.8
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 48 7.1 +1.9
IXUS iShares Core MSCI Total International Stock ETF 0.2 7 59 6.6 +1.4
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.2 25 41 6.0 +0.8
VEA Vanguard FTSE Developed Markets ETF 0.2 3 63 5.9 +0.7
HEFA iShares Currency Hedged MSCI EAFE ETF 0.2 35 31 5.7 +0.5
VGK Vanguard FTSE Europe ETF 0.2 6 60 6.8 +1.6
VWO Vanguard FTSE Emerging Markets ETF 0.2 7 59 9.3 +4.1
VXUS Vanguard Total International Stock ETF 0.2 5 61 6.6 +1.4
EFA iShares MSCI EAFE ETF 0.2 35 31 5.8 +0.6
SPEU SPDR Portfolio Europe ETF 0.2 7 59 6.8 +1.6
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.2 39 27 13.4 +8.2
DIVI Franklin International Core Dividend Tilt Index ETF 0.2 9 57 6.6 +1.5
JVAL JPMorgan U.S. Value Factor ETF 0.2 12 54 6.7 +1.5
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.2 24 42 6.1 +0.9
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.2 39 27 3.7 -1.5
HFXI IQ FTSE International Equity Currency Neutral ETF 0.2 20 46 5.6 +0.4
XCNY SPDR S&P Emerging Markets ex-China ETF 0.2 15 51 5.6 +0.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.2 3 63 5.8 +0.6
SMMD iShares Russell 2500 ETF 0.2 15 51 5.7 +0.5
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.2 7 59 5.4 +0.2
BKIE BNY Mellon International Equity ETF 0.2 4 62 18.1 +13.0
EFV iShares MSCI EAFE Value ETF 0.2 34 32 7.6 +2.4
EMXC iShares MSCI Emerging Markets ex China ETF 0.2 25 41 4.9 -0.3
VEU Vanguard FTSE All-World ex-US Index Fund 0.2 4 62 6.7 +1.5
ACWX iShares MSCI ACWI ex U.S. ETF 0.2 34 32 6.4 +1.2
BKEM BNY Mellon Emerging Markets Equity ETF 0.2 11 55 24.1 +18.9
AVEM Avantis Emerging Markets Equity ETF 0.2 33 33 6.9 +1.7
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.2 24 42 5.0 -0.2
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.2 18 48 6.4 +1.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.2 59 7 8.4 +3.2
GXC SPDR S & P China ETF 0.1 59 7 20.5 +15.3
VB Vanguard Small-Cap ETF 0.1 5 61 5.4 +0.2
VXF Vanguard Extended Market ETF 0.1 5 61 3.8 -1.4
DFSV Dimensional US Small Cap Value ETF 0.1 31 35 8.9 +3.7
AFK VanEck Africa Index ETF 0.1 98 -32 11.2 +6.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 0.1 30 36 7.9 +2.7
SCHF Schwab International Equity ETF 0.1 6 60 5.9 +0.7
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 46 5.8 +0.6
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.1 35 31 10.0 +4.8
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 0.1 69 -3 7.6 +2.4
EEM iShares MSCI Emerging Markets ETF 0.1 69 -3 7.7 +2.5
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 0 7.3 +2.1
BBEU JPMorgan BetaBuilders Europe ETF 0.1 9 57 6.5 +1.3
ROSC Hartford Multifactor Small Cap ETF 0.1 34 32 7.2 +2.0
JIVE JPMorgan International Value ETF 0.1 55 11 8.1 +2.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.1 30 36 7.4 +2.3
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 57 8.1 +2.9
AVMC Avantis U.S. Mid Cap Equity ETF 0.1 18 48 6.3 +1.1
DNL WisdomTree Global ex-US Quality Dividend Growth Fund 0.1 42 24 4.2 -1.0
FLEE Franklin FTSE Europe ETF 0.1 9 57 6.6 +1.4
FLCH Franklin FTSE China ETF 0.1 19 47 19.9 +14.7
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.1 46 20 5.5 +0.3
IMTM iShares MSCI Intl Momentum Factor ETF 0.1 30 36 4.7 -0.5
DFAE Dimensional Emerging Core Equity Market ETF 0.1 35 31 6.9 +1.7
EZU iShares MSCI Eurozone ETF 0.1 52 14 5.8 +0.7
HEZU iShares Currency Hedged MSCI Eurozone ETF 0.1 53 13 5.5 +0.3
VBR Vanguard Small Cap Value ETF 0.1 7 59 8.1 +2.9
IPAC iShares Core MSCI Pacific ETF 0.1 9 57 5.3 +0.1
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 0.1 32 34 4.6 -0.6
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.1 4 62 17.7 +12.5
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.1 25 41 6.5 +1.4
DEW WisdomTree Global High Dividend Fund 0.1 58 8 7.4 +2.2
CWI SPDR MSCI ACWI ex-US ETF 0.1 30 36 6.4 +1.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 41 6.2 +1.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.1 29 37 7.1 +1.9
IEV iShares Europe ETF 0.1 67 -1 6.2 +1.0
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 38 8.8 +3.6
DFIV Dimensional International Value ETF 0.1 27 39 7.8 +2.6
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.1 38 28 6.9 +1.7
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 51 5.9 +0.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.1 41 25 5.9 +0.7
IMFL Invesco International Developed Dynamic Multifactor ETF 0.1 34 32 5.3 +0.1
GMF SPDR S&P Emerging Asia Pacific ETF 0.1 49 17 8.6 +3.4
VPL Vanguard FTSE Pacific ETF 0.1 7 59 5.0 -0.2
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.1 41 25 6.8 +1.7
VSGX Vanguard ESG International Stock ETF 0.1 10 56 6.6 +1.4
SCHD Schwab US Dividend Equity ETF 0.1 6 60 8.2 +3.0
DIHP Dimensional International High Profitability ETF 0.1 29 37 5.9 +0.7
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.1 20 46 9.1 +3.9
JHMD John Hancock Multifactor Developed International ETF 0.1 39 27 6.3 +1.1
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.1 45 21 6.8 +1.6
DOL WisdomTree International LargeCap Dividend Fund 0.1 48 18 5.6 +0.5
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 56 4.9 -0.3
AVUQ Avantis U.S. Quality ETF 0.1 15 51 3.7 -1.5
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 41 8.1 +3.0
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 36 5.2 0.0
IQLT iShares MSCI Intl Quality Factor ETF 0.1 30 36 5.5 +0.3
DXUV Dimensional US Vector Equity ETF 0.1 28 38 5.2 +0.0
STXK Strive Small-Cap ETF 0.1 18 48 5.3 +0.2
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.1 70 -4 6.4 +1.2
IVLU iShares MSCI Intl Value Factor ETF 0.1 30 36 8.1 +2.9
AVSE Avantis Responsible Emerging Markets Equity ETF 0.1 33 33 6.5 +1.3
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 51 8.0 +2.8
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 8 8.6 +3.4
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 49 6.7 +1.5
IDHQ Invesco S&P International Developed High Quality ETF 0.1 29 37 5.1 -0.1
NUEM Nuveen ESG Emerging Markets Equity ETF 0.1 36 30 5.8 +0.6
EZM WisdomTree U.S. MidCap Fund 0.1 38 28 8.3 +3.1
VT Vanguard Total World Stock ETF 0.1 6 60 5.0 -0.2
GLOF iShares Global Equity Factor ETF 0.1 20 46 5.5 +0.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 37 5.7 +0.5
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.1 32 34 7.6 +2.4
AVIV Avantis International Large Cap Value ETF 0.1 25 41 7.0 +1.8
VFMO Vanguard U.S. Momentum Factor ETF 0.1 13 53 1.7 -3.5
AVMV Avantis U.S. Mid Cap Value ETF 0.1 20 46 7.7 +2.5
FENI Fidelity Enhanced International ETF 0.1 28 38 5.8 +0.6
SPEM SPDR Portfolio Emerging Markets ETF 0.1 7 59 9.5 +4.3
MCHI iShares MSCI China ETF 0.1 59 7 22.3 +17.1
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 1 6.7 +1.5
FNDF Schwab Fundamental International Large Co. Index ETF 0.1 25 41 7.4 +2.2
IGF iShares Global Infrastructure ETF 0.1 41 25 4.6 -0.6
VIGI Vanguard International Dividend Appreciation ETF 0.1 10 56 6.1 +0.9
HAUZ DBX ETF Trust - Xtrackers International Real Estate ETF 0.1 10 56 9.3 +4.2
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.1 35 31 5.6 +0.4
ESGG FlexShares STOXX Global ESG Select Index Fund 0.1 42 24 4.0 -1.2
GII SPDR S&P Global Infrastructure ETF 0.1 40 26 4.7 -0.5
IGRO iShares International Dividend Growth ETF 0.1 15 51 6.8 +1.6
ACWI iShares MSCI ACWI ETF 0.1 32 34 4.6 -0.6
REVS Columbia Research Enhanced Value ETF 0.1 19 47 6.5 +1.3
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.1 33 33 5.9 +0.8
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 57 4.4 -0.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 49 4.7 -0.5
TOK iShares MSCI Kokusai ETF 0.0 26 40 4.3 -0.9
URTH iShares MSCI World ETF 0.0 24 42 4.3 -0.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 45 2.9 -2.3
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.0 53 13 4.9 -0.3
AVUS Avantis U.S. Equity ETF 0.0 15 51 4.8 -0.4
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.0 25 41 5.5 +0.3
RWK Invesco S&P MidCap 400 Revenue ETF 0.0 39 27 8.1 +2.9
PFM Invesco Dividend Achievers ETF 0.0 53 13 4.8 -0.4
FIDU Fidelity MSCI Industrial Index ETF 0.0 8 58 3.9 -1.3
LDEM iShares ESG MSCI EM Leaders ETF 0.0 17 49 12.9 +7.7
DCOR Dimensional US Core Equity 1 ETF 0.0 14 52 4.6 -0.6
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure 0.0 58 8 3.6 -1.6
IWS iShares Russell Mid-Cap Value ETF 0.0 23 43 6.1 +0.9
IWO iShares Russell 2000 Growth ETF 0.0 24 42 0.5 -4.7
DFUV Dimensional US Marketwide Value ETF 0.0 22 44 6.0 +0.9
EMXF iShares ESG Advanced MSCI EM ETF 0.0 16 50 6.6 +1.4
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.0 20 46 7.7 +2.5
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.0 20 46 6.2 +1.0
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 38 5.8 +0.6
AVSU Avantis Responsible U.S. Equity ETF 0.0 15 51 4.9 -0.3
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.0 32 34 5.5 +0.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 57 4.8 -0.4
FLAX Franklin FTSE Asia Ex Japan ETF 0.0 19 47 7.0 +1.8
VIS Vanguard Industrials ETF 0.0 9 57 3.9 -1.3
IWR iShares Russell Midcap ETF 0.0 19 47 5.5 +0.3
VTWG Vanguard Russell 2000 Growth ETF 0.0 10 56 0.7 -4.5
EBI Longview Advantage ETF 0.0 35 31 5.9 +0.7
SCJ iShares MSCI Japan Small-Cap ETF 0.0 50 16 5.3 +0.1
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.0 12 54 6.3 +1.1
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 48 4.7 -0.5
STXD Strive 1000 Dividend Growth ETF 0.0 35 31 4.6 -0.6
EEMA iShares MSCI Emerging Markets Asia ETF 0.0 49 17 7.4 +2.2
DFAU Dimensional US Core Equity Market ETF 0.0 12 54 4.3 -0.9
JHMM John Hancock Multifactor Mid Cap ETF 0.0 42 24 5.6 +0.5
RECS Columbia Research Enhanced Core ETF 0.0 15 51 5.2 +0.1
ROAM Hartford Multifactor Emerging Markets ETF 0.0 44 22 7.5 +2.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.0 25 41 4.9 -0.3
DSI iShares MSCI KLD 400 Social ETF 0.0 25 41 4.1 -1.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 63 4.1 -1.1
SCHB Schwab U.S. Broad Market ETF 0.0 3 63 4.2 -1.0
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.0 12 54 3.9 -1.3
VTHR Vanguard Russell 3000 ETF 0.0 7 59 4.1 -1.1
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 62 3.1 -2.1
IWV iShares Russell 3000 ETF 0.0 20 46 4.0 -1.2
DFUS Dimensional U.S. Equity ETF 0.0 9 57 4.1 -1.1
VYM Vanguard High Dividend Yield Index ETF 0.0 6 60 6.3 +1.1
VTI Vanguard Total Stock Market ETF 0.0 3 63 4.1 -1.1
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.0 3 63 4.4 -0.8
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.0 70 -4 6.8 +1.6
ESGV Vanguard ESG U.S. Stock ETF 0.0 9 57 4.1 -1.1
DFEV Dimensional Emerging Markets Value ETF 0.0 43 23 9.1 +3.9
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 41 6.2 +1.0
IWD iShares Russell 1000 Value ETF 0.0 19 47 5.3 +0.1
DIVB iShares Core Dividend ETF 0.0 5 61 6.7 +1.5
DHS WisdomTree U.S. High Dividend Fund 0.0 38 28 8.3 +3.1
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.0 15 51 4.2 -1.0
VONV Vanguard Russell 1000 Value ETF 0.0 7 59 5.4 +0.2
GVUS Marketbeta Russell 1000 Value Equity ETF 0.0 12 54 5.3 +0.1
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 32 5.6 +0.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 55 4.2 -1.0
STXV Strive 1000 Value ETF 0.0 18 48 7.0 +1.8
SCHK Schwab 1000 Index ETF 0.0 5 61 4.3 -0.9
VEGN US Vegan Climate ETF 0.0 60 6 3.3 -1.9
IYY iShares Dow Jones U.S. ETF 0.0 20 46 4.1 -1.1
VONE Vanguard Russell 1000 ETF 0.0 7 59 4.2 -1.0
IWB iShares Russell 1000 ETF 0.0 15 51 4.2 -1.0
STXG Strive 1000 Growth ETF 0.0 18 48 3.3 -1.9
FMDE Fidelity Enhanced Mid Cap ETF 0.0 23 43 5.4 +0.2

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  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:		 Global X Renewable Energy Producers ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 5.9 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 66 bp
Equals: ALTAR Score 5.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.75 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.