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)
CCSO	Carbon Collective Climate Solutions U.S. Equity ETF	194.19	$19,995.00	2,557
IBBQ	Invesco Nasdaq Biotechnology ETF	165.03	$15,925.60	6,374
GXTG	Global X Thematic Growth ETF	134.36	$32,273.80	7,900
PBE	Invesco Biotechnology & Genome ETF	118.60	$220,276.00	10,406
ISMD	Inspire Small/Mid Cap ETF	110.85	$167,479.00	26,363
LCG	Sterling Capital Focus Equity ETF	51.50	$59,754.00	10,128
CQQQ	Invesco China Technology ETF	49.82	$717,625.00	145,915
IGV	iShares Expanded Tech-Software Sector ETF	48.06	$7,157,380.00	784,449
PNQI	Invesco NASDAQ Internet ETF	47.55	$628,535.00	48,742
PSCH	Invesco S&P SmallCap Health Care ETF	45.17	$205,854.00	17,900
INNO	Harbor Disruptive Innovation ETF	44.30	$29,770.50	3,718
BUG	Global X Cybersecurity ETF	41.30	$632,461.00	138,394
MID	American Century Mid Cap Growth Impact	40.92	$6,387.00	3,263
EBIZ	Global X E-commerce ETF	40.01	$72,660.50	8,871
GDOC	Goldman Sachs Future Health Care Equity ETF	39.83	$23,219.00	3,482
XDAT	Franklin Exponential Data ETF	39.42	$4,070.00	432
EKG	First Trust Nasdaq Lux Digital Health Solutions ETF	37.84	$5,570.83	5,685
ERTH	Invesco MSCI Sustainable Future ETF	36.44	$219,320.00	19,832
MEDI	Harbor Health Care ETF	36.40	$4,488.00	429
MDEV	First Trust Indxx Medical Devices ETF	35.91	$2,760.64	1,106
CNXT	VanEck ChiNext ETF	35.70	$17,604.40	3,283
IQM	Franklin Intelligent Machines ETF	35.44	$21,379.50	1,882
CLOU	Global X Cloud Computing ETF	35.33	$573,371.00	154,651
BOTZ	Global X Robotics & Artificial Intelligence ETF	35.33	$2,214,910.00	970,569
INCO	Columbia India Consumer ETF	35.18	$138,119.00	14,531
LRGE	ClearBridge Large Cap Growth ESG ETF	35.03	$171,196.00	9,560
BUYZ	Franklin Disruptive Commerce ETF	34.44	$9,544.50	626
VR	Global X Metaverse ETF	34.43	$2,743.14	491
IHI	iShares U.S. Medical Devices ETF	34.19	$4,984,910.00	1,508,614
NULG	Nuveen ESG Large-Cap Growth ETF	33.94	$1,488,520.00	63,506
THNQ	ROBO Global Artificial Intelligence ETF	33.92	$108,667.00	31,234
IWFG	IQ Winslow Focused Large Cap Growth ETF	33.90	$7,262.85	177
NWLG	Nuveen Winslow Large-Cap Growth ESG ETF	33.48	$6,141.65	214
FDG	American Century Focused Dynamic Growth ETF	33.10	$181,270.00	14,666
PFUT	Putnam Sustainable Future ETF	33.00	$185,869.00	11,585
SYNB	Putnam BioRevolution ETF	32.90	$4,656.01	1,145
FDHT	Fidelity Digital Health ETF	32.83	$8,611.64	1,452
HAPY	Harbor Human Capital Factor Unconstrained ETF	32.40	$11,086.00	275
ILDR	First Trust Innovation Leaders ETF	32.31	$18,381.00	4,494
MMLG	First Trust Multi-Manager Large Growth ETF	31.91	$46,356.70	11,294
IGN	iShares North American Tech-Multimedia Networking ETF	31.57	$46,973.10	3,238
IVRA	Invesco Real Assets ESG ETF	31.41	$3,032.56	540
IWLG	IQ Winslow Large Cap Growth ETF	31.40	$22,453.60	417
WINN	Harbor Long-Term Growers ETF	31.40	$219,891.00	56,497
BYRE	Principal Real Estate Active Opportunities ETF	31.22	$8,068.85	6,274
FDN	First Trust Dow Jones Internet Index Fund	31.05	$5,401,120.00	718,622
FFND	Future Fund Active ETF	31.00	$8,368.80	1,911
FMAG	Fidelity Magellan ETF	30.98	$50,329.70	12,268
QGRW	WisdomTree U.S. Quality Growth Fund	30.89	$77,857.90	24,525
BMED	Future Health ETF	30.36	$3,521.31	491
BTEK	Future Tech ETF	30.21	$14,009.50	1,425
FPRO	Fidelity Real Estate Investment ETF	29.91	$14,011.20	1,532
PXJ	Invesco Oil & Gas Services ETF	29.84	$83,933.90	62,749
SIL	Global X Silver Miners ETF	29.62	$928,711.00	403,377
IETC	iShares U.S. Tech Independence Focused ETF	29.18	$165,231.00	11,612
MGK	Vanguard Mega Cap Growth ETF	29.00	$15,782,100.00	331,789
IHAK	iShares Cybersecurity & Tech ETF	28.81	$667,344.00	57,557
VUG	Vanguard Growth ETF	28.80	$99,661,900.00	878,718
FRTY	Alger Mid Cap 40 ETF	28.41	$26,847.00	4,768
TECB	iShares U.S. Tech Breakthrough Multisector ETF	28.38	$310,925.00	26,775
NUGO	Nuveen Growth Opportunities ETF	28.33	$2,745,970.00	55,797
IBRN	iShares Neuroscience and Healthcare ETF	28.31	$4,214.10	506
OSEA	Harbor International Compounders ETF	28.10	$27,159.00	6,477
CHIH	Global X MSCI China Health Care ETF	28.10	$9,325.83	2,954
FIW	First Trust Water ETF	27.93	$1,392,610.00	49,332
PGJ	Invesco Golden Dragon China ETF	27.86	$165,248.00	41,726
CIBR	First Trust NASDAQ Cybersecurity ETF	27.85	$5,368,830.00	380,058
ILCG	iShares Morningstar Growth ETF	27.69	$1,837,190.00	90,520
GBUY	Goldman Sachs Future Consumer Equity ETF	27.68	$79,384.50	17,677
IGM	iShares Expanded Tech Sector ETF	27.54	$3,554,630.00	30,980
ROBT	First Trust Nasdaq Artificial Intelligence & Robotics ETF	27.49	$436,506.00	67,205
VGT	Vanguard Information Technology ETF	27.40	$57,473,600.00	494,169
EVX	VanEck Environmental Services ETF	27.32	$77,003.70	2,068
PPA	Invesco Aerospace & Defense ETF	27.05	$2,398,910.00	162,994
SSPX	Janus Henderson U.S. Sustainable Equity ETF	27.00	$7,770.02	3,195
QQQN	VictoryShares Nasdaq Next 50 ETF	27.00	$79,765.20	7,926
FINX	Global X FinTech ETF	26.95	$349,143.00	53,229
BIBL	Inspire 100 ETF	26.85	$298,775.00	47,512
IYW	iShares U.S. Technology ETF	26.80	$13,300,300.00	730,028
WBAT	WisdomTree Battery Value Chain and Innovation Fund	26.62	$4,403.70	586
SXUS	Janus Henderson International Sustainable Equity ETF	26.55	$7,510.52	3,255
XWEB	SPDR S&P Internet ETF	26.54	$21,212.90	855
SOCL	Global X Social Media ETF	26.53	$158,068.00	15,272
VNSE	Natixis Vaughan Nelson Select ETF	26.50	$30,199.40	5,049
IWY	iShares Russell Top 200 Growth ETF	26.46	$8,439,390.00	347,617
CHB	Global X China Biotech Innovation ETF	26.42	$2,316.28	348
XITK	SPDR FactSet Innovative Technology ETF	26.37	$91,683.40	2,585
FTEC	Fidelity MSCI Information Technology Index ETF	26.36	$7,823,430.00	210,828
ESG	FlexShares STOXX US ESG Select Index Fund	26.32	$181,147.00	2,588
ITA	iShares U.S. Aerospace & Defense ETF	26.31	$5,590,920.00	547,946
IWFH	iShares Virtual Work and Life Multisector ETF	26.22	$3,055.14	718
VOT	Vanguard Mid-Cap Growth ETF	26.10	$10,846,200.00	141,162
IWF	iShares Russell 1000 Growth ETF	26.10	$77,688,600.00	1,315,515
FDNI	First Trust Dow Jones International Internet ETF	26.04	$27,188.40	3,491
XSW	SPDR S&P Software & Services ETF	25.97	$312,208.00	13,662
FTQI	First Trust Nasdaq BuyWrite Income ETF	25.91	$121,012.00	70,817
GTEK	Goldman Sachs Future Tech Leaders Equity ETF	25.91	$158,883.00	27,114
ESGY	American Century Sustainable Growth ETF	25.91	$11,877.70	1,485
VONG	Vanguard Russell 1000 Growth ETF	25.90	$16,190,300.00	980,328
PTF	Invesco Dorsey Wright Technology Momentum ETF	25.87	$331,584.00	19,295

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