BTHM
BlackRock Future U.S. Themes ETF
BTHM is an actively managed fund of US stocks selected to provide exposure to multiple themes, including emerging and structural trends.
Fund Basics
Fund sponsor | Blackrock |
Category | US Equities |
Asset class | Equity |
Website | link... |
Inception date | Dec 14, 2021 |
Assets (mns) | $7 |
Expense ratio | 60 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Annually |
Taxation | 1099 |
Stock selection | Proprietary |
Weighting | Proprietary |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | No |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
NVIDIA CORP | 7.0 % |
MICROSOFT CORP | 5.8 % |
APPLE INC | 5.7 % |
AMAZON.COM INC | 4.9 % |
BROADCOM INC. | 3.1 % |
BERKSHIRE HATHAWAY INC-CL B | 2.8 % |
META PLATFORMS INC | 2.2 % |
COSTCO WHOLESALE CORP | 2.1 % |
BOSTON SCIENTIFIC CORP | 2.0 % |
TJX COMPANIES INC | 2.0 % |
Constituent Breakdown
Number of holdings | 162 |
Herfindahl-Hirschman Index | 228 |
Wgt avg mkt cap (mns) | $794,046 |
Large cap (>$10bn) | 95.5% |
Mid cap ($2-10bn) | 4.3% |
Small cap (<$2bn) | 0.0% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 93.9 % | |
IRELAND | 1.9 % | |
ISRAEL | 1.6 % | |
CANADA | 0.7 % | |
BERMUDA | 0.6 % |
Historical Performance
Standardized Annual Returns (as of 03/31/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
---|---|---|---|---|---|---|
14.6% | 31.4% | 11.8% | -- | -- | -- | 12.9% |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.08 | 96% |
MSCI EAFE | 0.97 | 75% |
MSCI Emg Mkts | 0.64 | 36% |
Liquidity Measures
Avg. volume (000) | 0 |
Turnover | 0.0% |
Avg. Bid/Ask (% of price) | 0.08% |
ADV of underlying (mns) | $121,054 |
Technical Indicators
Recent close | $27.91 |
30d moving avg. | $24.50 |
Annualized volatility | 21.4% |
Relative strength (RSI) | 79 |
Short interest (ETF) | 0.0% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. BTHM |
Expenses vs. BTHM |
ALTAR Score™ vs. BTHM |
---|---|---|---|---|
SPXV | ProShares S&P 500 Ex-Health Care ETF | 46.9% | -51 bp | +0.9% |
IUSG | iShares Core S&P U.S. Growth ETF | 46.5% | -56 bp | +0.4% |
IVW | iShares S&P 500 Growth ETF | 46.5% | -42 bp | +0.2% |
SPYG | SPDR Portfolio S&P 500 Growth ETF | 46.5% | -56 bp | +0.3% |
STXG | Strive 1000 Growth ETF | 46.4% | -42 bp | -0.1% |
MMTM | SPDR S&P 1500 Momentum Tilt ETF | 45.9% | -48 bp | +0.2% |
SPMO | Invesco S&P 500 Momentum ETF | 45.5% | -47 bp | -0.5% |
SPXN | ProShares S&P 500 Ex-Financials ETF | 44.8% | -51 bp | +1.0% |
IWF | iShares Russell 1000 Growth ETF | 44.8% | -41 bp | +0.4% |
VONG | Vanguard Russell 1000 Growth ETF | 44.6% | -52 bp | +0.6% |
Risk and Returns: BTHM vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 5/1/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
BTHM
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
BTHM
4.3%
Cat. Avg
5.9%
Fund Category: US Equities
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 4.3% |
Recommendation
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
Category Overview
There are 887 funds in the US Equities category, with an average ALTAR Score™
of 5.9% and a standard deviation of
2.7%. BTHM's ALTAR Score™ is approximately
0.6 standard deviations
below
the category average. This places BTHM in the 28th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
BTHM
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
Latest price | |
Change | |
Volume | |
Bid/Ask Spread | |
Update |
Today's Trading
Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
BTHM | 60.0 | 8.3 | 68.3 |
Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .