100 Equity ETFs with the Highest P/E Ratios

The P/E ratio, sometimes also referred to as the earnings multiple, is calculated by dividing a fund’s price by its earnings. Generally speaking, the higher the P/E, the more investors are expecting higher future earnings growth. Here is a list of the 100 equity ETFs with the highest P/E ratios. You may also wish to peruse our list of the 100 equity ETFs with the lowest P/E ratios.

This data may include leveraged and inverse ETFs. To exclude leveraged and inverse ETFs from the table below, click here.

Symbol	Name	P/E Ratio	AUM	Avg Daily Share Volume (3mo)
ORBX	Global X Space Tech ETF	268.33	$37,850.50	88,713
WCLD	WisdomTree Cloud Computing Fund	255.26	$263,633.00	1,035,819
WAR	U.S. Global Technology and Aerospace & Defense ETF	131.76	$34,701.70	29,395
WQTM	WisdomTree Quantum Computing Fund	82.33	$286,888.00	397,108
DAPP	VanEck Digital Transformation ETF	79.07	$226,931.00	904,306
ION	ProShares S&P Global Core Battery Metals ETF	78.86	$11,600.10	4,725
SOXX	iShares Semiconductor ETF	78.26	$46,132,900.00	9,641,862
SMHX	VanEck Fabless Semiconductor ETF	66.26	$251,879.00	141,056
NUMG	Nuveen ESG Mid-Cap Growth ETF	65.30	$350,367.00	24,187
FWD	AB Disruptors ETF	60.91	$2,953,600.00	246,108
PSI	Invesco Semiconductors ETF	60.91	$2,403,380.00	454,079
ILIT	iShares Lithium Miners and Producers ETF	59.66	$14,012.10	35,951
HEAL	Global X HealthTech ETF	58.77	$29,088.80	8,006
QQQA	ProShares Nasdaq-100 Dorsey Wright Momentum ETF	56.32	$70,354.60	47,635
SOXQ	Invesco PHLX Semiconductor ETF	55.63	$2,381,190.00	2,720,379
NUSC	Nuveen ESG Small-Cap ETF	53.65	$1,288,580.00	91,463
BAI	iShares A.I. Innovation and Tech Active ETF	50.00	$12,885,000.00	4,225,774
FTXL	First Trust Nasdaq Semiconductor ETF	49.64	$2,200,940.00	280,832
SMH	VanEck Semiconductor ETF	49.64	$67,277,900.00	10,931,714
QCLN	First Trust NASDAQ Clean Edge Green Energy Index Fund	49.56	$650,488.00	250,837
TEK	iShares Technology Opportunities Active ETF	47.43	$38,353.30	5,595
IQM	Franklin Intelligent Machines ETF	47.26	$98,548.30	7,856
BGRO	iShares Large Cap Growth Active ETF	46.96	$8,958.04	848
PTF	Invesco Dorsey Wright Technology Momentum ETF	46.89	$611,366.00	116,890
WTAI	WisdomTree Artificial Intelligence and Innovation Fund	46.49	$610,522.00	286,992
ARTY	iShares Future AI & Tech ETF	46.18	$3,435,500.00	873,622
GXDW	Global X Dorsey Wright Thematic ETF	46.13	$5,972.84	6,611
IETC	iShares U.S. Tech Independence Focused ETF	46.10	$727,259.00	54,919
PRN	Invesco Dorsey Wright Industrials Momentum ETF	45.52	$426,507.00	38,683
MTUM	iShares MSCI USA Momentum Factor ETF	45.19	$25,642,000.00	1,521,986
GTEK	Goldman Sachs Future Tech Leaders Equity ETF	44.97	$219,760.00	21,502
REMX	VanEck Rare Earth and Strategic Metals ETF	44.68	$2,159,250.00	1,002,954
IXN	iShares Global Tech ETF	44.55	$8,832,600.00	449,078
SGRW	Harbor Active Small Cap Growth ETF	44.50	$4,950.00	1,263
WDAF	WisdomTree Asia Defense Fund	44.45	$21,404.60	16,032
TEKY	Lazard Next Gen Technologies ETF	44.32	$55,198.00	592
QTOP	iShares Nasdaq Top 30 Stocks ETF	44.23	$286,210.00	181,827
IGM	iShares Expanded Tech Sector ETF	44.12	$10,032,800.00	569,127
IYW	iShares U.S. Technology ETF	44.04	$24,043,700.00	846,129
QTEC	First Trust NASDAQ-100 Technology Sector Index Fund	44.00	$4,530,980.00	275,870
CNXT	VanEck ChiNext Innovators ETF	43.58	$108,559.00	140,259
EGUS	iShares ESG Aware MSCI USA Growth ETF	43.56	$27,646.50	2,589
BELT	iShares U.S. Select Equity Active ETF	43.05	$9,568.00	1,987
EPAI	Harbor AI Inflection Strategy ETF	42.30	$6,012.00	1,092
ILDR	First Trust Innovation Leaders ETF	42.18	$287,274.00	51,003
ITA	iShares U.S. Aerospace & Defense ETF	41.69	$13,563,200.00	843,938
QMOM	Alpha Architect U.S. Quantitative Momentum ETF	40.74	$421,800.00	28,103
TEC	Harbor Transformative Technologies ETF	40.70	$6,396.00	602
PWB	Invesco Large Cap Growth ETF	40.69	$2,301,960.00	97,871
ISMD	Inspire Small/Mid Cap ETF	40.26	$341,481.00	37,333
JXX	Janus Henderson Transformational Growth ETF	40.17	$25,924.20	1,522
SEMI	Columbia Select Technology ETF	40.05	$37,759.20	14,262
ILCG	iShares Morningstar Growth ETF	40.00	$3,128,900.00	89,737
URA	Global X Uranium ETF	39.58	$5,379,760.00	3,718,784
XSD	State Street SPDR S&P Semiconductor ETF	39.22	$2,798,400.00	142,100
QGRW	WisdomTree U.S. Quality Growth Fund	39.19	$2,706,050.00	328,511
FMED	Fidelity Disruptive Medicine ETF	38.97	$46,946.00	18,573
GTOP	Goldman Sachs Technology Opportunities ETF	38.91	$703,802.00	13,716
CQQQ	Invesco China Technology ETF	38.90	$3,031,850.00	1,366,237
NULG	Nuveen ESG Large-Cap Growth ETF	38.58	$2,675,810.00	82,810
SKYY	First Trust Cloud Computing ETF	38.46	$2,803,740.00	364,119
FAI	First Trust Bloomberg Artificial Intelligence ETF	38.44	$153,893.00	64,324
VGT	Vanguard Information Technology ETF	38.40	$138,619,000.00	4,962,911
IWY	iShares Russell Top 200 Growth ETF	38.39	$16,208,900.00	397,959
IWF	iShares Russell 1000 Growth ETF	38.36	$123,424,000.00	5,444,354
FDTX	Fidelity Disruptive Technology ETF	38.15	$266,299.00	52,121
CHPX	Global X AI Semiconductor & Quantum ETF	38.07	$218,009.00	115,921
GARP	iShares MSCI USA Quality GARP ETF	38.06	$2,545,860.00	285,992
QQEW	First Trust Nasdaq-100 Select Equal Weight ETF	38.02	$1,727,440.00	42,686
FDG	American Century Focused Dynamic Growth ETF	37.80	$398,687.00	19,930
PSCT	Invesco S&P SmallCap Information Technology ETF	37.48	$497,814.00	41,398
QBIG	Invesco Top QQQ ETF	37.31	$33,859.50	6,683
VOT	Vanguard Mid-Cap Growth ETF	37.30	$18,982,300.00	218,127
TRUT	VanEck Technology TruSector ETF	37.27	$173,829.00	145,514
IMCG	iShares Morningstar Mid-Cap Growth ETF	37.22	$3,916,440.00	96,986
BUZZ	VanEck Social Sentiment ETF	37.17	$91,708.50	112,902
VUSG	Vanguard Wellington U.S. Growth Active ETF	36.90	$29,219.90	59,044
JHAI	Janus Henderson Global Artificial Intelligence ETF	36.89	$23,474.60	6,916
CIBR	First Trust NASDAQ Cybersecurity ETF	36.77	$14,385,300.00	1,616,362
MISL	First Trust Indxx Aerospace & Defense ETF	36.75	$733,436.00	439,832
LRGE	ClearBridge Large Cap Growth Select ETF	36.70	$411,157.00	22,162
MGK	Vanguard Mega Cap Growth ETF	36.60	$32,563,900.00	1,667,964
VUG	Vanguard Growth ETF	36.30	$220,244,000.00	7,534,363
IGPT	Invesco AI and Next Gen Software ETF	36.25	$1,210,690.00	199,717
IVW	iShares S&P 500 Growth ETF	36.23	$73,298,000.00	2,325,763
GSGO	Goldman Sachs Growth Opportunities ETF	36.22	$169,340.00	6,413
BLCR	iShares Large Cap Core Active ETF	36.17	$6,335,020.00	634,675
XPND	First Trust Expanded Technology ETF	36.14	$38,319.10	3,695
TPAY	Roundhill S&P 500 Target 10 Managed Distribution ETF	36.14	$1,586.66	2,518
QQMG	Invesco ESG NASDAQ 100 ETF	36.09	$195,967.00	22,759
IWP	iShares Russell Mid-Cap Growth ETF	36.05	$20,130,000.00	825,489
CAML	Congress Large Cap Growth ETF	35.94	$372,059.00	23,457
IUSG	iShares Core S&P U.S. Growth ETF	35.92	$31,481,500.00	546,232
RSPT	Invesco S&P 500 Equal Weight Technology ETF	35.87	$5,395,770.00	661,524
RPG	Invesco S&P 500® Pure Growth ETF	35.83	$2,024,610.00	656,462
FTC	First Trust Large Cap Growth AlphaDEX Fund	35.77	$1,303,180.00	15,340
TRUD	VanEck Consumer Discretionary TruSector ETF	35.76	$38,220.90	45,430
GFLW	VictoryShares Free Cash Flow Growth ETF	35.68	$877,057.00	125,983
XT	iShares Future Exponential Technologies ETF	35.56	$3,842,140.00	125,059
QQA	Invesco QQQ Income Advantage ETF	35.53	$783,074.00	121,243

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