VanEck Steel ETF
ALTAR
Score™		 10.1% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 21.6x P/Sales
ratio		 0.9x
P/BV
ratio		 1.2x Div.
yield		 2.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
VanEck Vectors Steel Index Fund seeks investment results that correspond to the price and yield of the Amex Steel Index.

FUND BASICS
Category Global Equities
Fund Sponsor Van Eck Associates Corp
Website www.vaneck.com
Inception date Oct 10, 2006
Assets (mns) $215
Currency USD
Expense ratio 56 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 44
Wgt avg mkt cap (mns) $42,112
Large cap (>$10bn) 50.5%
Mid cap ($2-10bn) 28.4%
Small cap (<$2bn) 11.9%
Developed mkts 81.2%
Emerging mkts 18.8%

TOP TEN HOLDINGS
BHP BILLITON LTD-SPON ADR 8.2 %
RIO TINTO PLC-SPON ADR 7.8 %
NUCOR CORP 7.4 %
RIO TINTO LTD 6.6 %
VALE SA-SP ADR 6.3 %
STEEL DYNAMICS INC 5.4 %
FORTESCUE METALS GROUP LTD 5.2 %
ARCELORMITTAL SA ADR 5.2 %
RELIANCE STEEL & ALUMINUM 4.7 %
POSCO-ADR 4.5 %
Total 61.2 %

TOP COUNTRY EXPOSURE
AUSTRALIA 25.2 %
UNITED STATES 21.9 %
LUXEMBOURG 10.5 %
BRAZIL 8.3 %
BRITAIN 8.1 %
JAPAN 7.7 %
SOUTH KOREA 5.2 %
TAIWAN 4.1 %
AUSTRIA 2.2 %
SWEDEN 2.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
30.6% 82.0% 16.4% 20.1% 8.1%

Market Correlations
versus... Beta R-squared
S&P500 1.34 43%
MSCI EAFE 1.20 56%
MSCI Emg. Mkts. 0.88 53%

Technical Indicators
Recent close $106.67
30d moving avg. $107.01
Annualized volatility 27.1%
Short interest (ETF) 2.6%
Short interest (Underlying) 4.9%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 74
Turnover 3.7%
Bid/Ask (% of price) 0.36%
ADV underlying (mns) $1,035

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 621 potential alternatives to the VanEck Steel ETF ETF based on the alternatives' overlap in portfolio holdings with SLX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SLX Expense: 56 bp ALTAR Score™: 10.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SLX
Ticker Fund
Name		 Overlap1
vs SLX
(%)		 Expense
ratio
(bp)		 Savings
vs SLX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs SLX
(%)
PICK iShares MSCI Global Metals & Mining Producers ETF 17.2 39 17 8.0 -2.1
FXZ First Trust Materials AlphaDEX Fund 15.9 61 -5 6.6 -3.4
EV Mast Global Battery Recycling & Production ETF 13.3 65 -9 6.3 -3.8
IYM iShares U.S. Basic Materials ETF 11.6 40 16 4.5 -5.6
XLB Materials Select Sector SPDR 10.7 8 48 5.5 -4.6
HAP VanEck Natural Resources ETF 10.1 50 6 6.8 -3.3
LIT Global X Lithium & Battery Tech ETF 9.9 75 -19 5.0 -5.1
IPAV Global X Infrastructure Development ex-U.S. ETF 9.7 55 1 5.7 -4.3
CCSO Carbon Collective Climate Solutions US Equity ETF 9.0 35 21 0.9 -9.2
MXI iShares Global Materials ETF 8.8 41 15 6.0 -4.1
VAW Vanguard Materials ETF 8.4 9 47 5.1 -5.0
BOUT Innovator IBD Breakout Opportunities ETF 8.2 81 -25 2.9 -7.2
RSPM Invesco S&P 500 Equal Weight Materials ETF 7.9 40 16 5.6 -4.5
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 7.7 60 -4 4.1 -6.0
FMAT Fidelity MSCI Materials Index ETF 7.5 8 48 5.1 -5.0
ILF iShares Latin America 40 ETF 7.2 48 8 10.0 -0.1
PAVE Global X U.S. Infrastructure Development ETF 7.1 47 9 4.1 -5.9
HWAY Themes US Infrastructure ETF 6.8 29 27 4.6 -5.5
GNR SPDR S&P Global Natural Resources ETF 6.6 40 16 8.6 -1.5
ICOP iShares Copper and Metals Mining ETF 6.5 47 9 5.6 -4.5
OTGL OTG Latin America ETF 6.4 269 -213 7.9 -2.2
BRAZ Global X Brazil Active ETF 6.3 75 -19 10.8 +0.7
EWA iShares MSCI Australia ETF 5.4 50 6 5.4 -4.7
FLAU Franklin FTSE Australia ETF 5.3 9 47 6.0 -4.1
DVYA iShares Asia/Pacific Dividend ETF 5.2 49 7 7.1 -3.0
IFRA iShares U.S. Infrastructure ETF 5.1 30 26 5.5 -4.6
NANR SPDR S&P North American Natural Resources ETF 4.8 35 21 6.4 -3.6
SGRT SMART Earnings Growth 30 ETF 4.4 59 -3 2.3 -7.8
MAKX ProShares S&P Kensho Smart Factories ETF 4.4 58 -2 1.1 -9.0
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 4.0 60 -4 7.8 -2.3
DGLO First Trust RBA Deglobalization ETF 3.9 70 -14 5.3 -4.8
IDOG ALPS International Sector Dividend Dogs ETF 3.9 50 6 9.2 -0.9
RBLD First Trust Alerian US NextGen Infrastructure ETF 3.8 65 -9 3.8 -6.3
ION ProShares S&P Global Core Battery Metals ETF 3.7 58 -2 5.9 -4.2
KONG Formidable Fortress ETF 3.6 89 -33 5.2 -4.9
BBAX JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF 3.6 19 37 5.5 -4.5
OIH VanEck Oil Services ETF 3.5 35 21 2.5 -7.6
EPP iShares MSCI Pacific ex-Japan ETF 3.4 47 9 5.1 -5.0
VNSE Natixis Vaughan Nelson Select ETF 3.4 80 -24 3.3 -6.8
ABLD Abacus FCF Real Assets Leaders ETF 3.3 69 -13 6.7 -3.4
DINT Davis Select International ETF 3.3 55 1 6.1 -4.0
COWS Amplify Cash Flow Dividend Leaders ETF 3.2 0 56 7.3 -2.7
AVIV Avantis International Large Cap Value ETF 3.0 25 31 7.0 -3.1
TIIV AAM Todd International Intrinsic Value ETF 3.0 54 2 9.7 -0.3
RFV Invesco S&P Midcap 400 Pure Value ETF 3.0 35 21 11.2 +1.1
DVLU First Trust Dorsey Wright Momentum & Value ETF 2.9 60 -4 6.2 -3.9
SURE AdvisorShares Insiders Advantage ETF 2.8 90 -34 7.8 -2.3
ONEY State Street SPDR Russell 1000 Yield Focus ETF 2.5 20 36 8.6 -1.5
CCNR ALPS CoreCommodity Natural Resources ETF 2.5 39 17 8.1 -2.0
MDLV Morgan Dempsey Large Cap Value ETF 2.5 58 -2 5.8 -4.3
CNRG State Street SPDR S&P Kensho Clean Power ETF 2.4 45 11 -0.1 -10.2
FTDS First Trust Dividend Strength ETF 2.4 70 -14 7.2 -2.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 2.4 56 0 9.8 -0.3
IDV iShares International Select Dividend ETF 2.4 51 5 9.1 -1.0
INCE Franklin Income Equity Focus ETF 2.3 29 27 5.3 -4.8
FYLD Cambria Foreign Shareholder Yield ETF 2.3 59 -3 10.2 +0.1
TPHE Timothy Plan High Dividend Stock Enhanced ETF 2.2 54 2 5.9 -4.2
MAGA Point Bridge America First ETF 2.2 72 -16 5.2 -4.9
TCV Towle Value ETF 2.2 85 -29 9.3 -0.8
EWO iShares MSCI Austria ETF 2.2 50 6 7.6 -2.5
FTA First Trust Large Cap Value AlphaDEX Fund 2.2 59 -3 7.6 -2.5
MDYV State Street SPDR S&P 400 Mid Cap Value ETF 2.1 15 41 7.9 -2.1
IJJ iShares S&P Mid-Cap 400 Value ETF 2.1 18 38 7.9 -2.2
YNOT Horizon Digital Frontier ETF 2.1 75 -19 2.5 -7.6
APIE ActivePassive International Equity ETF 2.1 45 11 6.4 -3.7
IVOV Vanguard S&P Mid-Cap 400 Value ETF 2.1 10 46 8.0 -2.1
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 2.1 60 -4 4.4 -5.7
TPHD Timothy Plan High Dividend Stock ETF 2.1 52 4 6.1 -4.0
LIMI Themes Lithium & Battery Metal Miners ETF 2.1 35 21 2.8 -7.3
ILIT iShares Lithium Miners and Producers ETF 2.1 47 9 3.3 -6.8
TMDV ProShares Russell US Dividend Growers ETF 2.1 35 21 6.3 -3.8
LVDS JPMorgan Fundamental Data Science Large Value ETF 2.1 49 7 4.9 -5.2
DISV Dimensional International Small Cap Value ETF 2.0 42 14 8.1 -2.0
NUMV Nuveen ESG Mid-Cap Value ETF 2.0 31 25 5.5 -4.6
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.0 39 17 1.1 -9.0
IVAL Alpha Architect International Quantitative Value ETF 2.0 49 7 7.7 -2.4
AVDE Avantis International Equity ETF 2.0 23 33 6.2 -3.9
IMOM Alpha Architect International Quantitative Momentum ETF 2.0 49 7 4.2 -5.9
CZA Invesco Zacks Mid-Cap ETF 2.0 72 -16 5.9 -4.2
AVIE Avantis  Inflation Focused Equity ETF 1.9 25 31 6.0 -4.0
UIVM VictoryShares International Value Momentum ETF 1.9 35 21 8.2 -1.9
JHID John Hancock International High Dividend ETF 1.9 46 10 7.9 -2.2
INTF iShares International Equity Factor ETF 1.8 15 41 6.5 -3.6
BIBL Inspire 100 ETF 1.8 35 21 4.2 -5.9
BRIF FIS Bright Portfolios Focused Equity ETF 1.8 65 -9 3.4 -6.7
DFE WisdomTree Europe SmallCap Dividend Fund 1.8 58 -2 7.6 -2.5
RWK Invesco S&P MidCap 400 Revenue ETF 1.8 39 17 7.8 -2.3
PRAY FIS Christian Stock Fund 1.8 69 -13 3.9 -6.1
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.7 65 -9 4.5 -5.6
AVES Avantis Emerging Markets Value ETF 1.7 36 20 8.9 -1.1
ULVM VictoryShares US Value Momentum ETF 1.7 20 36 6.1 -4.0
BLES Inspire Global Hope ETF 1.7 61 -5 5.7 -4.4
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 1.7 40 16 6.9 -3.2
CGV Conductor Global Equity Value ETF 1.6 130 -74 7.7 -2.4
PKW Invesco Buyback Achievers ETF 1.6 62 -6 7.4 -2.7
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.6 35 21 11.1 +1.1
ISCF iShares International SmallCap Equity Factor ETF 1.6 23 33 7.3 -2.8
VUSV Vanguard Wellington U.S. Value Active ETF 1.6 30 26 5.7 -4.4
JPIN J.P. Morgan Diversified Return International Equity ETF 1.6 37 19 7.2 -2.9
DFIV Dimensional International Value ETF 1.6 27 29 7.8 -2.3
WWJD Inspire International ETF 1.6 80 -24 6.4 -3.7
IQDF FlexShares International Quality Dividend Index Fund 1.5 47 9 7.6 -2.5
INEQ Columbia International Equity Income ETF 1.5 45 11 7.9 -2.2
FAB First Trust Multi Cap Value AlphaDEX Fund 1.5 67 -11 8.7 -1.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 1.5 39 17 6.2 -3.9
GPT Intelligent Alpha Atlas ETF 1.5 69 -13 6.1 -3.9
DXJS WisdomTree Japan Hedged SmallCap Equity Fund 1.4 58 -2 5.2 -4.9
FIVA Fidelity International Value Factor ETF 1.4 18 38 7.3 -2.7
NUDV Nuveen ESG Dividend ETF 1.4 26 30 6.1 -4.0
BATT Amplify Lithium & Battery Technology ETF 1.4 59 -3 1.9 -8.2
IEUS iShares MSCI Europe Small-Cap ETF 1.4 42 14 6.7 -3.4
IPAC iShares Core MSCI Pacific ETF 1.4 9 47 5.5 -4.6
SCZ iShares MSCI EAFE Small-Cap ETF 1.4 40 16 6.1 -4.0
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.4 70 -14 9.5 -0.6
GVAL Cambria Global Value ETF 1.4 68 -12 9.0 -1.1
YALL God Bless America ETF 1.4 65 -9 4.4 -5.6
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 1.4 20 36 6.0 -4.1
DIHP Dimensional International High Profitability ETF 1.4 29 27 5.8 -4.3
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 1.4 58 -2 5.0 -5.1
FNDF Schwab Fundamental International Large Co. Index ETF 1.3 25 31 7.4 -2.7
LST Leuthold Select Industries ETF 1.3 91 -35 4.7 -5.4
SCHM Schwab U.S. Mid-Cap ETF 1.3 4 52 5.8 -4.3
VIDI Vident International Equity Strategy ETF 1.3 61 -5 8.1 -2.0
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 1.3 52 4 4.9 -5.2
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 1.3 24 32 7.1 -3.0
DIVI Franklin International Core Dividend Tilt Index ETF 1.3 9 47 6.6 -3.5
DSTX Distillate International Fundamental Stability & Value ETF 1.3 55 1 6.7 -3.4
AVMC Avantis U.S. Mid Cap Equity ETF 1.3 18 38 6.0 -4.1
RFDI First Trust Riverfront Dynamic Developed International ETF 1.3 83 -27 7.8 -2.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 1.3 18 38 6.9 -3.2
FELV Fidelity Enhanced Large Cap Value ETF 1.3 18 38 5.6 -4.5
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.3 65 -9 7.8 -2.3
GINX SGI Enhanced Global Income ETF 1.3 98 -42 6.7 -3.4
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 1.3 24 32 6.9 -3.1
VOE Vanguard Mid-Cap Value ETF 1.3 7 49 6.8 -3.3
AVMV Avantis U.S. Mid Cap Value ETF 1.3 20 36 7.2 -2.8
DTH WisdomTree International High Dividend Fund 1.3 58 -2 7.4 -2.7
QUVU Hartford Quality Value ETF 1.3 46 10 5.6 -4.5
AVXC Avantis Emerging Markets Ex-China Equity ETF 1.3 33 23 6.1 -4.0
HGRO Hedgeye Quality Growth ETF 1.3 70 -14 3.3 -6.8
TTAI FCF International Quality ETF 1.3 59 -3 6.8 -3.3
DVYE iShares Emerging Markets Dividend ETF 1.3 49 7 17.9 +7.8
VBR Vanguard Small Cap Value ETF 1.2 7 49 7.9 -2.2
FEP First Trust Europe AlphaDEX Fund 1.2 80 -24 6.8 -3.3
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.2 80 -24 6.9 -3.2
DFEV Dimensional Emerging Markets Value ETF 1.2 43 13 9.4 -0.7
FEX First Trust Large Cap Core AlphaDEX Fund 1.2 59 -3 4.9 -5.2
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 1.2 60 -4 4.6 -5.5
CHGX AXS Change Finance ESG ETF 1.2 49 7 4.2 -5.9
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 1.2 80 -24 6.9 -3.2
FENI Fidelity Enhanced International ETF 1.2 28 28 5.8 -4.3
DFIC Dimensional International Core Equity 2 ETF 1.2 23 33 6.3 -3.8
HAIL State Street SPDR S&P Kensho Smart Mobility ETF 1.2 45 11 -1.4 -11.5
IQDY FlexShares International Quality Dividend Dynamic Index Fund 1.2 47 9 7.2 -2.9
FMDE Fidelity Enhanced Mid Cap ETF 1.2 23 33 5.4 -4.7
JIVE JPMorgan International Value ETF 1.2 55 1 8.4 -1.7
XJH iShares ESG Screened S&P Mid-Cap ETF 1.2 12 44 5.9 -4.2
KRMA Global X Conscious Companies ETF 1.2 43 13 5.1 -5.0
VRAI Virtus Real Asset Income ETF 1.1 55 1 8.3 -1.8
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.1 15 41 3.9 -6.2
QINT American Century Quality Diversified International ETF 1.1 39 17 6.6 -3.5
DEUS Xtrackers Russell US Multifactor ETF 1.1 17 39 6.4 -3.7
ICPY Tweedy, Browne International Insider Value ETF 1.1 80 -24 21.5 +11.5
DVGR DAC 3D Dividend Growth ETF 1.1 65 -9 4.7 -5.4
LSAF LeaderShares AlphaFactor US Core Equity ETF 1.1 75 -19 6.1 -4.0
GLOF iShares Global Equity Factor ETF 1.1 20 36 5.6 -4.5
IWS iShares Russell Mid-Cap Value ETF 1.1 23 33 6.0 -4.0
DXIV Dimensional International Vector Equity ETF 1.1 34 22 6.6 -3.5
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 1.1 75 -19 1.9 -8.1
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.1 72 -16 2.2 -7.9
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.1 39 17 7.0 -3.1
MDY SPDR S&P Midcap 400 ETF Trust 1.1 23 33 5.9 -4.2
VPL Vanguard FTSE Pacific ETF 1.1 7 49 5.3 -4.8
RPV Invesco S&P 500 Pure Value ETF 1.1 35 21 8.8 -1.3
DLS WisdomTree International SmallCap Dividend Fund 1.1 58 -2 7.5 -2.6
MEM Matthews Emerging Markets Equity Active ETF 1.1 79 -23 8.5 -1.6
LVHI Franklin International Low Volatility High Dividend Index ET 1.1 40 16 7.7 -2.4
AVEM Avantis Emerging Markets Equity ETF 1.0 33 23 7.0 -3.1
LIVR Intelligent Livermore ETF 1.0 69 -13 3.0 -7.1
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 1.0 35 21 6.3 -3.7
IJH iShares Core S&P Mid-Cap ETF 1.0 5 51 6.1 -4.0
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 1.0 3 53 6.1 -4.0
SFGV Sequoia Global Value ETF 1.0 23 33 7.1 -3.0
IVOO Vanguard S&P Mid-Cap 400 ETF 1.0 7 49 6.0 -4.0
GCOW Pacer Global Cash Cows Dividend ETF 1.0 60 -4 9.4 -0.7
AVDS Avantis International Small Cap Equity ETF 1.0 30 26 6.0 -4.1
TUR iShares MSCI Turkey ETF 1.0 58 -2 13.3 +3.3
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 1.0 65 -9 4.2 -5.9
CVY Invesco Zacks Multi-Asset Income ETF 1.0 106 -50 10.0 -0.1
EQAL Invesco Russell 1000 Equal Weight ETF 1.0 20 36 6.1 -4.0
DFLV Dimensional US Large Cap Value ETF 1.0 22 34 6.1 -4.0
DFAX Dimensional World ex U.S. Core Equity 2 ETF 1.0 30 26 6.4 -3.7
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 1.0 15 41 6.1 -4.0
AFLG First Trust Active Factor Large Cap ETF 1.0 55 1 5.0 -5.1
JIRE JPMorgan International Research Enhanced Equity ETF 1.0 24 32 5.9 -4.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.9 45 11 6.8 -3.3
SPVM Invesco S&P 500 Value with Momentum ETF 0.9 39 17 6.3 -3.8
DFAI Dimensional International Core Equity Market ETF 0.9 18 38 6.1 -4.0
FJP First Trust Japan AlphaDEX Fund 0.9 80 -24 7.5 -2.6
IMCV iShares Morningstar Mid-Cap Value ETF 0.9 6 50 7.0 -3.1
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.9 20 36 7.3 -2.8
GSJY Goldman Sachs ActiveBeta Japan Equity ETF 0.9 25 31 5.5 -4.6
EFNL iShares MSCI Finland ETF 0.9 56 0 5.5 -4.6
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.9 53 3 5.1 -5.0
IVLU iShares MSCI Intl Value Factor ETF 0.9 30 26 8.1 -2.0
EWJV iShares MSCI Japan Value ETF 0.9 15 41 7.0 -3.1
FNK First Trust Mid Cap Value AlphaDEX Fund 0.9 70 -14 9.7 -0.4
AVDV Avantis International Small Cap Value ETF 0.9 36 20 7.7 -2.4
JHMD John Hancock Multifactor Developed International ETF 0.9 39 17 6.2 -3.8
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.9 80 -24 6.7 -3.4
EFV iShares MSCI EAFE Value ETF 0.9 34 22 7.6 -2.5
VSDA VictoryShares Dividend Accelerator ETF 0.9 35 21 6.5 -3.5
IWR iShares Russell Midcap ETF 0.9 19 37 5.4 -4.7
SPVU Invesco S&P 500 Enhanced Value ETF 0.9 13 43 8.1 -2.0
DFSV Dimensional US Small Cap Value ETF 0.9 31 25 8.8 -1.2
GWX SPDR S&P International Small Cap ETF 0.9 40 16 5.9 -4.2
SIZE iShares MSCI USA Size Factor ETF 0.8 15 41 5.4 -4.6
EFRA iShares Environmental Infrastructure and Industrials ETF 0.8 47 9 5.1 -5.0
DGRW WisdomTree US Quality Dividend Growth Fund 0.8 28 28 4.9 -5.2
IQSI IQ Candriam International Equity ETF 0.8 15 41 5.6 -4.5
FNDX Schwab Fundamental US Large Co. Index ETF 0.8 25 31 6.2 -3.9
REVS Columbia Research Enhanced Value ETF 0.8 19 37 6.6 -3.5
NULV Nuveen ESG Large-Cap Value ETF 0.8 26 30 5.1 -5.0
SCHC Schwab International Small-Cap Equity ETF 0.8 11 45 6.7 -3.4
DFIS Dimensional International Small Cap ETF 0.8 39 17 6.1 -3.9
GEW Cambria Global EW ETF 0.8 29 27 5.4 -4.7
FESM Fidelity Enhanced Small Cap ETF 0.8 28 28 2.3 -7.8
FEUZ First Trust Eurozone AlphaDEX ETF 0.8 80 -24 6.4 -3.7
FID First Trust S&P International Dividend Aristocrats ETF 0.8 60 -4 7.8 -2.3
WDIV SPDR S&P Global Dividend ETF 0.8 40 16 9.1 -1.0
COPY Tweedy, Browne Insider + Value ETF 0.8 80 -24 14.9 +4.9
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.8 65 -9 7.3 -2.8
JHMM John Hancock Multifactor Mid Cap ETF 0.8 42 14 5.4 -4.7
FELC Fidelity Enhanced Large Cap Core ETF 0.8 18 38 4.3 -5.8
TMAT Main Thematic Innovation ETF 0.8 164 -108 -1.9 -12.0
RNEM First Trust Emerging Markets Equity Select ETF 0.8 75 -19 8.2 -1.9
FRGN Horizon International Equity ETF 0.8 75 -19 7.8 -2.3
DXJ WisdomTree Japan Hedged Equity Fund 0.8 48 8 5.3 -4.8
SMOX Horizon Small/Mid Cap Core Equity ETF 0.8 75 -19 5.3 -4.8
SMLF iShares U.S. SmallCap Equity Factor ETF 0.8 15 41 4.9 -5.2
FNDB Schwab Fundamental US Broad Market Index ETF 0.8 25 31 6.1 -3.9
IVSI Applied Finance IVS International Large ETF 0.8 65 -9 6.1 -4.0
IMCB iShares Morningstar Mid-Cap ETF 0.8 4 52 5.2 -4.9
FFF Founders 100 ETF 0.8 75 -19 2.4 -7.7
DON WisdomTree U.S. MidCap Dividend Fund 0.8 38 18 8.2 -1.9
CFA VictoryShares US 500 Volatility Wtd ETF 0.7 35 21 5.3 -4.8
SPHB Invesco S&P 500 High Beta ETF 0.7 25 31 3.6 -6.5
JHSC John Hancock Multifactor Small Cap ETF 0.7 42 14 6.0 -4.1
SPEM SPDR Portfolio Emerging Markets ETF 0.7 7 49 9.5 -0.6
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.7 8 48 6.3 -3.8
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.7 40 16 5.3 -4.8
CGXU Capital Group International Focus Equity ETF 0.7 54 2 3.8 -6.3
PTL Inspire 500 ETF 0.7 9 47 4.4 -5.7
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.7 24 32 5.9 -4.1
VB Vanguard Small-Cap ETF 0.7 5 51 5.2 -4.9
STXM Strive Mid-Cap ETF 0.7 18 38 5.8 -4.3
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 0.7 60 -4 3.4 -6.7
SSPY Syntax Stratified LargeCap ETF 0.7 30 26 6.0 -4.1
VO Vanguard Mid-Cap ETF 0.7 4 52 21.0 +10.9
PIEL Pacer International Export Leaders ETF 0.7 60 -4 4.1 -6.0
EUSA iShares MSCI USA Equal Weighted ETF 0.7 9 47 5.5 -4.6
USCF Themes US Cash Flow Champions ETF 0.7 29 27 7.7 -2.4
STXV Strive 1000 Value ETF 0.7 18 38 6.8 -3.3
VYMI Vanguard International High Dividend Yield ETF 0.7 17 39 8.1 -2.0
SDY State Street SPDR S&P Dividend ETF 0.7 35 21 6.1 -4.0
WSML iShares MSCI World Small-Cap ETF 0.7 15 41 5.3 -4.7
IUS Invesco RAFI Strategic US ETF 0.7 19 37 5.6 -4.5
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.7 19 37 5.0 -5.0
PPIE Putnam PanAgora ESG International Equity ETF 0.7 49 7 6.2 -3.9
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.7 15 41 6.3 -3.8
JPXN iShares JPX-Nikkei 400 ETF 0.6 48 8 5.4 -4.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.6 29 27 5.6 -4.5
JVAL JPMorgan U.S. Value Factor ETF 0.6 12 44 6.7 -3.4
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.6 7 49 5.3 -4.8
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.6 15 41 6.7 -3.4
AVSD Avantis Responsible International Equity ETF 0.6 23 33 6.0 -4.1
SPDW SPDR Portfolio Developed World ex-US ETF 0.6 3 53 5.8 -4.2
IWN iShares Russell 2000 Value ETF 0.6 24 32 4.8 -5.3
VTWV Vanguard Russell 2000 Value ETF 0.6 10 46 5.0 -5.1
NUDM Nuveen ESG International Developed Markets Equity ETF 0.6 31 25 5.6 -4.5
NUSC Nuveen ESG Small-Cap ETF 0.6 31 25 4.9 -5.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.6 39 17 6.8 -3.2
IEFA iShares Core MSCI EAFE ETF 0.6 7 49 6.1 -4.0
IMCG iShares Morningstar Mid-Cap Growth ETF 0.6 6 50 3.3 -6.8
AFMC First Trust Active Factor Mid Cap ETF 0.6 65 -9 7.0 -3.1
DFUV Dimensional US Marketwide Value ETF 0.6 22 34 6.1 -4.0
DIVB iShares Core Dividend ETF 0.6 5 51 6.9 -3.2
VLUE iShares MSCI USA Value Factor ETF 0.6 15 41 6.2 -3.9
GSID Goldman Sachs MarketBeta International Equity ETF 0.6 20 36 5.9 -4.2
IDEV iShares Core MSCI International Developed Markets ETF 0.5 4 52 6.0 -4.1
ISCV iShares Morningstar Small Cap Value ETF 0.5 6 50 7.8 -2.3
XOEF iShares S&P 500 ex S&P 100 ETF 0.5 20 36 4.6 -5.4
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.5 30 26 6.2 -3.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.5 38 18 7.0 -3.1
CWI SPDR MSCI ACWI ex-US ETF 0.5 30 26 6.5 -3.6
DOL WisdomTree International LargeCap Dividend Fund 0.5 48 8 5.7 -4.4
TPIF Timothy Plan International ETF 0.5 62 -6 5.6 -4.4
WCEO Hypatia Women CEO ETF 0.5 85 -29 4.7 -5.4
CEFA Global X S&P Catholic Values Developed ex-US ETF 0.5 35 21 5.7 -4.4
DIM WisdomTree International MidCap Dividend Fund 0.5 58 -2 6.4 -3.7
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.5 42 14 7.6 -2.5
FTRI First Trust Indxx Global Natural Resources Income ETF 0.5 70 -14 6.7 -3.4
DFAT Dimensional U.S. Targeted Value ETF 0.5 28 28 8.6 -1.4
IQLT iShares MSCI Intl Quality Factor ETF 0.5 30 26 5.5 -4.6
BBJP JPMorgan BetaBuilders Japan ETF 0.5 19 37 5.3 -4.8
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.5 20 36 0.8 -9.3
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.5 20 36 4.5 -5.5
EQL Alps Equal Sector Weight ETF 0.5 25 31 5.1 -5.0
DFAE Dimensional Emerging Core Equity Market ETF 0.5 35 21 7.0 -3.1
VIG Vanguard Dividend Appreciation ETF 0.5 5 51 4.9 -5.2
SCJ iShares MSCI Japan Small-Cap ETF 0.5 50 6 5.6 -4.5
VEA Vanguard FTSE Developed Markets ETF 0.5 3 53 6.0 -4.1
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.5 20 36 5.7 -4.4
FLJP Franklin FTSE Japan ETF 0.5 9 47 5.4 -4.7
GOP Unusual Whales Subversive Republican Trading ETF 0.5 50 6 4.3 -5.8
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.5 46 10 7.8 -2.3
IQDG WisdomTree International Quality Dividend Growth Fund 0.5 42 14 5.8 -4.3
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.5 15 41 4.2 -5.9
JHML John Hancock Multifactor Large Cap ETF 0.5 29 27 4.5 -5.6
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.5 30 26 7.6 -2.4
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.5 9 47 5.2 -4.9
IHDG WisdomTree International Hedged Quality Dividend Growth Fund 0.5 58 -2 5.4 -4.7
FLJH Franklin FTSE Japan Hedged ETF 0.5 9 47 5.1 -5.0
HFXI IQ FTSE International Equity Currency Neutral ETF 0.5 20 36 5.6 -4.5
CIL VictoryShares International Volatility Wtd ETF 0.5 45 11 5.8 -4.3
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.5 50 6 8.1 -2.0
DBJP Xtrackers MSCI Japan Hedged Equity ETF 0.5 47 9 4.6 -5.4
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.5 29 27 6.4 -3.7
BKIE BNY Mellon International Equity ETF 0.5 4 52 6.0 -4.1
SMMD iShares Russell 2500 ETF 0.5 15 41 5.5 -4.6
DFVX Dimensional US Large Cap Vector ETF 0.5 22 34 5.3 -4.8
SCHF Schwab International Equity ETF 0.5 6 50 6.0 -4.1
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.5 12 44 6.2 -3.9
EFA iShares MSCI EAFE ETF 0.5 35 21 5.8 -4.3
EWJ iShares MSCI Japan ETF 0.5 50 6 4.9 -5.2
EWT iShares MSCI Taiwan ETF 0.5 58 -2 3.0 -7.0
HEFA iShares Currency Hedged MSCI EAFE ETF 0.5 35 21 5.8 -4.3
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 0.5 14 42 5.3 -4.8
RECS Columbia Research Enhanced Core ETF 0.5 15 41 5.3 -4.8
WLDR Affinity World Leaders Equity ETF 0.5 67 -11 5.8 -4.3
UMMA Wahed Dow Jones Islamic World ETF 0.4 65 -9 3.5 -6.6
DFSI Dimensional International Sustainability Core 1 ETF 0.4 24 32 5.7 -4.4
VXF Vanguard Extended Market ETF 0.4 5 51 3.7 -6.4
PRF Invesco FTSE RAFI US 1000 ETF 0.4 34 22 5.6 -4.5
HEWJ iShares Currency Hedged MSCI Japan ETF 0.4 50 6 5.4 -4.7
EVUS iShares ESG Aware MSCI USA Value ETF 0.4 18 38 5.6 -4.5
ROAM Hartford Multifactor Emerging Markets ETF 0.4 44 12 7.5 -2.6
TPSC Timothy Plan US Small Cap Core ETF 0.4 52 4 6.6 -3.4
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.4 36 20 5.4 -4.7
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 0.4 39 17 13.7 +3.6
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.4 60 -4 6.6 -3.5
AVUS Avantis U.S. Equity ETF 0.4 15 41 4.7 -5.4
IUSV iShares Core S&P US Value ETF 0.4 4 52 5.8 -4.3
FNX First Trust Mid Cap Core AlphaDEX Fund 0.4 60 -4 6.2 -3.9
OPTZ Optimize Strategy Index ETF 0.4 50 6 3.4 -6.7
JMOM JPMorgan U.S. Momentum Factor ETF 0.4 12 44 3.3 -6.8
HEDJ WisdomTree Europe Hedged Equity Fund 0.4 58 -2 5.9 -4.1
FVD First Trust Value Line Dividend Index Fund 0.4 65 -9 5.8 -4.3
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 7 6.1 -4.0
MNZL Manzil Russell Halal USA Broad MarketETF 0.4 40 16 3.7 -6.3
GRPZ Invesco S&P SmallCap 600 GARP ETF 0.4 35 21 6.2 -3.9
PSCM Invesco S&P SmallCap Materials ETF 0.4 29 27 9.6 -0.5
HAPS Harbor Human Capital Factor US Small Cap ETF 0.4 60 -4 3.4 -6.7
FYT First Trust Small Cap Value AlphaDEX Fund 0.4 73 -17 9.9 -0.2
DSMC Distillate Small/Mid Cash Flow ETF 0.4 55 1 10.9 +0.8
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.4 47 9 7.7 -2.4
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 36 5.9 -4.2
HAPI Harbor Human Capital Factor US Large Cap ETF 0.4 36 20 4.1 -6.0
NULC Nuveen ESG Large-Cap ETF 0.4 21 35 3.9 -6.2
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.4 40 16 5.7 -4.4
VXUS Vanguard Total International Stock ETF 0.4 5 51 6.7 -3.4
IXUS iShares Core MSCI Total International Stock ETF 0.4 7 49 6.6 -3.5
VEU Vanguard FTSE All-World ex-US Index Fund 0.4 4 52 6.7 -3.3
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.4 85 -29 2.8 -7.3
FYX First Trust Small Cap Core AlphaDEX Fund 0.4 61 -5 5.4 -4.7
FLTW Franklin FTSE Taiwan ETF 0.4 19 37 3.4 -6.7
DXUV Dimensional US Vector Equity ETF 0.4 28 28 5.2 -4.9
VFMO Vanguard U.S. Momentum Factor ETF 0.4 13 43 1.7 -8.4
ROUS Hartford Multifactor US Equity ETF 0.4 19 37 5.3 -4.8
QLVD FlexShares Developed Markets ex-US Quality Low Volatility In 0.4 32 24 5.4 -4.6
ETHO Etho Climate Leadership U.S. ETF 0.4 47 9 4.2 -5.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 17 39 4.7 -5.4
DWM WisdomTree International Equity Fund 0.4 48 8 5.7 -4.4
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 0.4 95 -39 10.0 -0.1
SDIV Global X Superdividend ETF 0.4 58 -2 13.8 +3.7
SCHV Schwab U.S. Large-Cap Value ETF 0.4 4 52 5.6 -4.5
DFAS Dimensional U.S. Small Cap ETF 0.4 26 30 5.6 -4.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.4 33 23 6.7 -3.3
RODM Hartford Multifactor Developed Markets (ex-US) ETF 0.4 29 27 7.0 -3.1
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.4 58 -2 8.4 -1.7
IMTM iShares MSCI Intl Momentum Factor ETF 0.4 30 26 4.7 -5.4
FDEV Fidelity International Multifactor ETF 0.4 18 38 7.3 -2.7
VFVA Vanguard U.S. Value Factor ETF 0.4 13 43 9.4 -0.7
DEW WisdomTree Global High Dividend Fund 0.4 58 -2 7.2 -2.8
VFMF Vanguard U.S. Multifactor ETF 0.4 18 38 6.6 -3.5
IWD iShares Russell 1000 Value ETF 0.3 19 37 5.4 -4.7
VONV Vanguard Russell 1000 Value ETF 0.3 7 49 5.5 -4.6
SCHA Schwab U.S. Small-Cap ETF 0.3 4 52 4.4 -5.7
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.3 18 38 6.4 -3.7
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.3 41 15 6.0 -4.1
DGRO iShares Core Dividend Growth ETF 0.3 8 48 5.5 -4.6
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.3 60 -4 6.0 -4.1
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.3 25 31 7.7 -2.4
GVUS Marketbeta Russell 1000 Value Equity ETF 0.3 12 44 5.4 -4.7
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.3 70 -14 6.5 -3.6
SPYV State Street SPDR Portfolio S&P 500 Value ETF 0.3 4 52 5.7 -4.4
IVE iShares S&P 500 Value ETF 0.3 18 38 5.5 -4.6
VYM Vanguard High Dividend Yield Index ETF 0.3 6 50 6.0 -4.0
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.3 17 39 4.9 -5.1
DWMF WisdomTree International Multifactor Fund 0.3 38 18 7.0 -3.1
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.3 15 41 5.1 -5.0
VOOV Vanguard S&P 500 Value ETF 0.3 7 49 5.6 -4.5
IDHQ Invesco S&P International Developed High Quality ETF 0.3 29 27 5.4 -4.7
QWLD SPDR MSCI World StrategicFactors ETF 0.3 30 26 5.2 -4.9
LRGF iShares U.S. Equity Factor ETF 0.3 8 48 4.6 -5.5
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.3 25 31 6.2 -3.9
DFJ WisdomTree Japan SmallCap Dividend Fund 0.3 58 -2 6.7 -3.4
AVSU Avantis Responsible U.S. Equity ETF 0.3 15 41 4.9 -5.2
DCOR Dimensional US Core Equity 1 ETF 0.3 14 42 4.6 -5.5
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 38 4.6 -5.4
ACWX iShares MSCI ACWI ex U.S. ETF 0.3 34 22 6.4 -3.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.3 9 47 4.9 -5.2
RAFE PIMCO RAFI ESG U.S. ETF 0.3 29 27 6.1 -4.0
RSSL Global X Russell 2000 ETF 0.3 8 48 2.7 -7.4
IWM iShares Russell 2000 ETF 0.3 19 37 2.6 -7.5
IPKW Invesco International BuyBack Achievers ETF 0.3 55 1 8.2 -1.9
PXH Invesco FTSE RAFI Emerging Markets ETF 0.3 49 7 13.4 +3.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 31 4.9 -5.2
EWUS iShares MSCI United Kingdom Small Cap ETF 0.3 59 -3 7.4 -2.7
SUSL iShares ESG MSCI USA Leaders ETF 0.3 10 46 4.2 -5.9
VSGX Vanguard ESG International Stock ETF 0.3 10 46 6.6 -3.5
ISCB iShares Morningstar Small-Cap ETF 0.3 4 52 5.4 -4.7
VTV Vanguard Value ETF 0.3 4 52 5.8 -4.3
PFM Invesco Dividend Achievers ETF 0.3 53 3 4.6 -5.4
VT Vanguard Total World Stock ETF 0.3 6 50 5.0 -5.1
ERTH Invesco MSCI Sustainable Future ETF 0.3 62 -6 3.0 -7.1
RWL Invesco S&P 500 Revenue ETF 0.3 39 17 5.7 -4.4
HLAL Wahed FTSE USA Shariah ETF 0.3 50 6 3.6 -6.5
FDMO Fidelity Momentum Factor ETF 0.3 15 41 2.5 -7.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.3 10 46 4.2 -5.9
EIPI FT Energy Income Partners Enhanced Income ETF 0.3 110 -54 5.4 -4.7
BKSE BNY Mellon US Small Cap Core Equity ETF 0.3 4 52 5.2 -4.8
FDEM Fidelity Emerging Markets Multifactor ETF 0.3 25 31 10.4 +0.3
VTWO Vanguard Russell 2000 ETF 0.3 7 49 2.8 -7.3
IMFL Invesco International Developed Dynamic Multifactor ETF 0.3 34 22 5.2 -4.9
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.3 32 24 3.9 -6.2
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.3 19 37 4.7 -5.3
FIDI Fidelity International High Dividend ETF 0.3 18 38 7.3 -2.8
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.2 45 11 3.5 -6.5
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 41 4.1 -6.0
DSPY Tema S&P 500 Historical Weight ETF 0.2 18 38 4.4 -5.7
URTH iShares MSCI World ETF 0.2 24 32 4.3 -5.8
EIPX FT Energy Income Partners Strategy ETF 0.2 95 -39 5.8 -4.3
ESGD iShares ESG Aware MSCI EAFE ETF 0.2 20 36 5.8 -4.3
PRXV Praxis Impact Large Cap Value ETF 0.2 36 20 5.6 -4.5
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.2 20 36 4.0 -6.1
DFAU Dimensional US Core Equity Market ETF 0.2 12 44 4.3 -5.8
TOK iShares MSCI Kokusai ETF 0.2 26 30 4.3 -5.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.2 39 17 7.4 -2.7
AVSE Avantis Responsible Emerging Markets Equity ETF 0.2 33 23 6.6 -3.5
FSMD Fidelity Small-Mid Multifactor ETF 0.2 15 41 6.5 -3.6
EBI Longview Advantage ETF 0.2 35 21 5.9 -4.2
STXI Strive International Developed Markets ETF 0.2 29 27 6.2 -3.9
XMAG Defiance Large Cap ex-Mag 7 ETF 0.2 35 21 4.3 -5.8
ACWI iShares MSCI ACWI ETF 0.2 32 24 4.6 -5.4
ENHU iShares Enhanced Large Cap Core Active ETF 0.2 22 34 4.1 -6.0
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.2 15 41 5.0 -5.1
XCNY SPDR S&P Emerging Markets ex-China ETF 0.2 15 41 5.7 -4.4
ILCV iShares Morningstar Value ETF 0.2 4 52 5.3 -4.8
KOKU Xtrackers MSCI Kokusai Equity ETF 0.2 9 47 4.4 -5.7
SPXT ProShares S&P 500 Ex-Technology ETF 0.2 9 47 4.9 -5.2
AQLT iShares MSCI Global Quality Factor ETF 0.2 18 38 0.0 -10.1
PATN Pacer Nasdaq International Patent Leaders ETF 0.2 65 -9 4.0 -6.1
ISMD Inspire Small/Mid Cap ETF 0.2 54 2 5.0 -5.1
DES WisdomTree U.S. SmallCap Dividend Fund 0.2 38 18 8.1 -2.0
DTD WisdomTree U.S. Total Dividend Fund 0.2 28 28 5.7 -4.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.2 75 -19 3.1 -7.0
SQLV Royce Quant Small-Cap Quality Value ETF 0.2 60 -4 8.0 -2.1
DFUS Dimensional U.S. Equity ETF 0.2 9 47 4.1 -6.0
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.2 25 31 5.5 -4.6
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 36 4.7 -5.4
IYY iShares Dow Jones U.S. ETF 0.2 20 36 4.1 -6.0
HDMV First Trust Horizon Managed Volatility Developed Intl ETF 0.2 80 -24 5.6 -4.5
SCHK Schwab 1000 Index ETF 0.2 5 51 4.2 -5.9
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.2 3 53 4.3 -5.7
APUE ActivePassive U.S. Equity ETF 0.2 45 11 3.9 -6.2
IWV iShares Russell 3000 ETF 0.2 20 36 4.0 -6.1
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.2 80 -24 9.3 -0.8
ESGG FlexShares STOXX Global ESG Select Index Fund 0.2 42 14 4.0 -6.0
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 45 4.1 -6.0
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.2 59 -3 8.6 -1.5
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 52 5.6 -4.5
EZM WisdomTree U.S. MidCap Fund 0.2 38 18 8.0 -2.1
RAUS RACWI US ETF 0.2 15 41 4.1 -6.0
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 53 4.1 -6.0
TOPC iShares S&P 500 3% Capped ETF 0.2 15 41 4.4 -5.7
SCHB Schwab U.S. Broad Market ETF 0.2 3 53 4.2 -5.9
VTHR Vanguard Russell 3000 ETF 0.2 7 49 4.1 -6.0
VTI Vanguard Total Stock Market ETF 0.2 3 53 4.1 -6.0
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 47 4.1 -6.0
VONE Vanguard Russell 1000 ETF 0.2 7 49 4.2 -5.9
IWB iShares Russell 1000 ETF 0.2 15 41 4.1 -6.0
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.2 39 17 3.5 -6.5
GXLC Global X U.S. 500 ETF 0.2 2 54 4.1 -6.0
FLQL Franklin LibertyQ U.S. Equity ETF 0.2 15 41 4.5 -5.5
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.2 24 32 5.2 -4.8
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF 0.2 45 11 5.6 -4.5
ILCB iShares Morningstar U.S. Equity ETF 0.2 3 53 4.1 -6.0
SCHX Schwab U.S. Large-Cap ETF 0.2 3 53 4.2 -5.8
LDEM iShares ESG MSCI EM Leaders ETF 0.2 17 39 12.9 +2.8
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.2 12 44 3.6 -6.5
SPXN ProShares S&P 500 Ex-Financials ETF 0.2 9 47 4.0 -6.1
BKLC BNY Mellon US Large Cap Core Equity ETF 0.2 0 56 4.1 -6.0
VOTE TCW Transform 500 ETF 0.2 5 51 4.1 -6.0
XVV iShares ESG Screened S&P 500 ETF 0.2 8 48 4.1 -6.0
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.2 9 47 4.2 -5.9
SLYV State Street SPDR S&P 600 Small Cap Value ETF 0.2 15 41 9.0 -1.1
XT iShares Exponential Technologies ETF 0.2 46 10 3.8 -6.2
IJS iShares S&P Small-Cap 600 Value ETF 0.2 18 38 8.9 -1.2
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.2 10 46 9.0 -1.1
IEUR iShares Core MSCI Europe ETF 0.2 11 45 6.4 -3.7
TOV JLens 500 Jewish Advocacy U.S. ETF 0.2 18 38 3.9 -6.2
DLN WisdomTree U.S. LargeCap Dividend Fund 0.2 28 28 5.4 -4.7
SPXV ProShares S&P 500 Ex-Health Care ETF 0.2 9 47 3.9 -6.2
CATH Global X S&P 500 Catholic Values Custom ETF 0.2 29 27 4.0 -6.1
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.2 43 13 4.9 -5.2
EES WisdomTree U.S. SmallCap Fund 0.2 38 18 7.9 -2.2
TEXN iShares Texas Equity ETF 0.1 20 36 4.9 -5.2
SPYX State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 36 4.0 -6.1
RVRB Reverb ETF 0.1 30 26 3.8 -6.3
VEXC Vanguard Emerging Markets Ex-China ETF 0.1 7 49 5.7 -4.3
STRV Strive 500 ETF 0.1 5 51 4.1 -6.0
VGK Vanguard FTSE Europe ETF 0.1 6 50 6.6 -3.5
SPY SPDR S&P 500 ETF 0.1 9 47 4.1 -6.0
SPYM State Street SPDR Portfolio S&P 500 ETF 0.1 2 54 4.2 -5.9
VOO Vanguard S&P 500 ETF 0.1 3 53 4.2 -5.9
IVV iShares Core S&P 500 ETF 0.1 3 53 4.2 -5.9
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 47 4.0 -6.1
CHRI Global X S&P 500 Christian Values ETF 0.1 29 27 3.9 -6.2
LCTD BlackRock World ex U.S. Carbon Transition Readiness ETF 0.1 20 36 5.7 -4.4
EUDG WisdomTree Europe Quality Dividend Growth Fund 0.1 58 -2 6.4 -3.7
SPEU SPDR Portfolio Europe ETF 0.1 7 49 6.5 -3.6
STXD Strive 1000 Dividend Growth ETF 0.1 35 21 4.4 -5.7
USXF iShares ESG Advanced MSCI USA ETF 0.1 10 46 3.8 -6.3
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.1 41 15 6.9 -3.2
GMF SPDR S&P Emerging Asia Pacific ETF 0.1 49 7 8.6 -1.5
ILCG iShares Morningstar Growth ETF 0.1 4 52 3.0 -7.1
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 20 7.6 -2.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 54 4.1 -5.9
PRNT 3D Printing ETF 0.1 66 -10 1.2 -8.9
FLKR Franklin FTSE South Korea ETF 0.1 9 47 4.3 -5.8
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.1 45 11 8.1 -2.0
JHEM John Hancock Multifactor Emerging Markets ETF 0.1 49 7 7.5 -2.6
AVSC Avantis U.S Small Cap Equity ETF 0.1 25 31 4.7 -5.4
VWO Vanguard FTSE Emerging Markets ETF 0.1 7 49 9.2 -0.9
ACVF American Conservative Values ETF 0.1 75 -19 3.7 -6.4
GQI Natixis Gateway Quality Income ETF 0.1 34 22 4.6 -5.5
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.1 35 21 4.9 -5.2
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.1 44 12 9.5 -0.6
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 45 7.9 -2.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 36 4.2 -5.9
EMXF iShares ESG Advanced MSCI EM ETF 0.1 16 40 6.7 -3.3
PBUS Invesco MSCI USA ETF 0.1 4 52 4.2 -5.9
VV Vanguard Large-Cap ETF 0.1 4 52 4.1 -6.0
AFK VanEck Africa Index ETF 0.1 98 -42 11.2 +1.1
IWP iShares Russell Mid-Cap Growth ETF 0.1 23 33 2.9 -7.2
EPS WisdomTree U.S. LargeCap Fund 0.1 8 48 4.7 -5.4
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 47 8.2 -1.9
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 45 4.3 -5.8
EMXC iShares MSCI Emerging Markets ex China ETF 0.1 25 31 5.1 -5.0
DEM WisdomTree Emerging Markets High Dividend Fund 0.1 63 -7 10.3 +0.2
SFY SoFi Select 500 ETF 0.1 0 56 3.7 -6.4
SCHE Schwab Emerging Markets Equity ETF 0.1 11 45 9.5 -0.6
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.1 25 31 4.1 -6.0
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 7 4.8 -5.3
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.1 32 24 7.4 -2.7
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 49 4.1 -6.0
PSC Principal U.S. Small-Cap ETF 0.1 38 18 3.7 -6.4
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.1 15 41 6.2 -3.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 44 4.4 -5.6
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 0.1 3 53 6.4 -3.7
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -9 6.5 -3.6
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.1 66 -10 7.2 -2.9
FLAX Franklin FTSE Asia Ex Japan ETF 0.1 19 37 7.1 -3.0
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.1 15 41 8.0 -2.1
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 46 4.2 -5.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 35 2.9 -7.2
EEM iShares MSCI Emerging Markets ETF 0.1 69 -13 7.8 -2.3
HEEM iShares Currency Hedged MSCI Emerging Markets ETF 0.1 69 -13 7.4 -2.7
VALQ American Century U.S. Quality Value ETF 0.1 29 27 7.0 -3.0
VIOO Vanguard S&P Small-Cap 600 ETF 0.1 7 49 6.2 -3.9
IJR iShares Core S&P Small Cap ETF 0.1 6 50 6.3 -3.8
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 0.1 30 26 8.0 -2.1
DEHP Dimensional Emerging Markets High Profitability ETF 0.1 41 15 4.8 -5.3
STXE Strive Emerging Markets Ex-China ETF 0.1 32 24 5.2 -4.9
AVUV Avantis U.S. Small Cap Value ETF 0.1 25 31 8.0 -2.1
JQUA JPMorgan U.S. Quality Factor ETF 0.1 12 44 4.9 -5.2
EEMA iShares MSCI Emerging Markets Asia ETF 0.1 49 7 7.5 -2.6
AAXJ iShares MSCI All Country Asia ex Japan ETF 0.1 70 -14 6.9 -3.2
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.1 9 47 3.7 -6.4
MTUM iShares MSCI USA Momentum Factor ETF 0.1 15 41 2.3 -7.8
IGRO iShares International Dividend Growth ETF 0.1 15 41 6.8 -3.3
TXS Texas Capital Texas Equity Index ETF 0.1 49 7 5.0 -5.1
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.1 40 16 3.7 -6.4
XC WisdomTree Emerging Markets Ex-China Fund 0.1 32 24 6.6 -3.5
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 27 4.0 -6.1
IEV iShares Europe ETF 0.0 67 -11 5.9 -4.2
GSPY Gotham Enhanced 500 ETF 0.0 50 6 4.4 -5.7
BBEU JPMorgan BetaBuilders Europe ETF 0.0 9 47 6.2 -3.9
FLEE Franklin FTSE Europe ETF 0.0 9 47 6.3 -3.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.0 39 17 2.3 -7.8
USEW Cambria US EW ETF 0.0 30 26 4.1 -6.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.0 9 47 4.3 -5.8
STXG Strive 1000 Growth ETF 0.0 18 38 3.2 -6.9
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 44 3.4 -6.7
AVUQ Avantis U.S. Quality ETF 0.0 15 41 3.6 -6.5
VONG Vanguard Russell 1000 Growth ETF 0.0 7 49 3.5 -6.6
IWF iShares Russell 1000 Growth ETF 0.0 19 37 14.2 +4.1
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.0 15 41 8.8 -1.2
AVLV Avantis U.S. Large Cap Value ETF 0.0 15 41 5.7 -4.3
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -34 3.1 -7.0

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:		 VanEck Steel 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 12.9 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 56 bp
Equals: ALTAR Score 10.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.73 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.