Avantis U.S. Equity ETF
ALTAR
Score™
5.8% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
26.6x P/Sales
ratio
1.7x
P/BV
ratio
2.5x Div.
yield
1.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
AVUS is an actively managed diverse portfolio of U.S. large-, mid-, and small-cap stocks aiming to find those with lower price relative to valuations.

FUND BASICS
Category US Equities
Fund Sponsor American Century
Website www.avantisinvestors.com
Inception date Sep 24, 2019
Assets (mns) $364
Currency USD
Expense ratio 15 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Proprietary
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 1998
Wgt avg mkt cap (mns) $278,457
Large cap (>$10bn) 78.3%
Mid cap ($2-10bn) 16.5%
Small cap (<$2bn) 5.3%
Developed mkts 99.9%
Emerging mkts 0.1%

TOP TEN HOLDINGS
APPLE INC 4.6 %
MICROSOFT CORP 3.8 %
AMAZON.COM INC 3.2 %
FACEBOOK 1.8 %
JOHNSON & JOHNSON 1.3 %
ALPHABET INC. CLASS C 1.1 %
ALPHABET INC. CLASS A 1.0 %
VERIZON COMMUNICATIONS INC 0.9 %
JPMORGAN CHASE & CO 0.9 %
MASTERCARD INC-CLASS A 0.9 %
Total 19.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.4 %
IRELAND 1.4 %
BRITAIN 0.9 %
BERMUDA 0.4 %
SWITZERLAND 0.3 %
CANADA 0.1 %
ARGENTINA 0.1 %
SINGAPORE 0.1 %
PUERTO RICO 0.1 %
CAYMAN ISLANDS 0.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-7.5% -- -- -- 0.7%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $50.07
30d moving avg. $49.83
Annualized volatility 0.0%
Short interest (ETF) 0.6%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 57
Turnover 0.8%
Bid/Ask (% of price) 0.11%
ADV underlying (mns) $365,652

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Avantis U.S. Equity ETF ETF based on the alternatives' overlap in portfolio holdings with AVUS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: AVUS Expense: 15 bp ALTAR Score™: 5.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH AVUS
Ticker Fund
Name
Overlap1
vs AVUS
(%)
Expense
ratio
(bp)
Savings
vs AVUS
(bp)
ALTAR
Score™
(%)
ALTAR
vs AVUS
(%)
SCHB Schwab U.S. Broad Market ETF 73.2 3 12 5.3 -0.5
JHML John Hancock Multifactor Large Cap ETF 73.1 29 -14 5.6 -0.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 73.1 3 12 5.2 -0.6
IWV iShares Russell 3000 ETF 73.1 20 -5 5.1 -0.7
VTI Vanguard Total Stock Market Index Fund 73.0 3 12 5.2 -0.6
VTHR Vanguard Russell 3000 Index Fund 73.0 10 5 5.2 -0.6
IYY iShares Dow Jones U.S. ETF 71.8 20 -5 5.2 -0.6
SCHK Schwab 1000 Index ETF 71.4 5 10 5.3 -0.5
SPTM SPDR Portfolio Total Stock Market ETF 71.4 3 12 5.6 -0.2
IWB iShares Russell 1000 ETF 71.0 15 0 5.2 -0.6
VONE Vanguard Russell 1000 ETF 70.7 8 7 5.3 -0.5
SCHX Schwab U.S. Large-Cap ETF 69.8 3 12 5.3 -0.5
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 69.2 25 -10 6.7 +0.9
PBUS Invesco PureBeta MSCI USA ETF 69.0 4 11 5.3 -0.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 68.2 2 13 5.4 -0.5
VV Vanguard Large-Cap Index Fund 68.1 4 11 5.3 -0.5
PBP Invesco S&P 500 BuyWrite ETF 67.6 49 -34 5.0 -0.8
HSPX Global X S&P 500 Covered Call ETF 67.4 65 -50 4.9 -0.9
SPLG SPDR Portfolio Large Cap ETF 67.2 3 12 5.5 -0.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 67.2 7 8 5.3 -0.6
SPY SPDR S&P 500 ETF Trust 67.2 9 6 5.4 -0.4
IVV iShares Core S&P 500 ETF 67.2 4 11 5.5 -0.4
VOO VANGUARD S&P 500 ETF 67.1 3 12 5.5 -0.3
ESGV Vanguard ESG U.S. Stock ETF 66.2 12 3 5.2 -0.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 65.9 20 -5 5.4 -0.4
SPXE ProShares S&P 500 Ex-Energy ETF 65.5 27 -12 5.4 -0.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 65.2 25 -10 6.6 +0.8
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 63.8 9 6 5.6 -0.2
EPS WisdomTree U.S. Earnings 500 Fund 63.0 8 7 6.5 +0.7
ESGU iShares MSCI USA ESG Optimized ETF 63.0 15 0 5.2 -0.7
PRF Invesco FTSE RAFI US 1000 ETF 62.3 39 -24 6.9 +1.1
FNDX Schwab Fundamental U.S. Large Co. Index ETF 62.2 25 -10 6.6 +0.8
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 62.1 20 -5 5.0 -0.8
CATH Global X S&P 500 Catholic Values Custom ETF 61.7 29 -14 5.3 -0.6
SFY SoFi Select 500 ETF 61.5 0 15 5.3 -0.5
SPXN ProShares S&P 500 Ex-Financials ETF 61.5 27 -12 5.0 -0.8
SPXV ProShares S&P 500 Ex-Health Care ETF 60.5 27 -12 5.1 -0.8
VLU SPDR S&P 1500 Value Tilt ETF 60.3 12 3 7.5 +1.7
MGC Vanguard Mega Cap Index Fund 59.7 7 8 5.3 -0.5
TOK iShares MSCI Kokusai ETF 59.0 25 -10 5.6 -0.2
KOKU Xtrackers MSCI Kokusai Equity ETF 59.0 9 6 5.8 -0.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 58.7 12 3 5.0 -0.8
BKLC BNY Mellon US Large Cap Core Equity ETF 58.3 0 15 5.3 -0.5
QUS SPDR MSCI USA StrategicFactors ETF 57.9 15 0 5.9 +0.1
IUS Invesco Strategic US ETF 57.8 19 -4 6.7 +0.9
IWL iShares Russell Top 200 ETF 56.6 15 0 5.1 -0.7
URTH iShares MSCI World ETF 55.7 24 -9 5.7 -0.1
DYNF BlackRock U.S. Equity Factor Rotation ETF 55.6 30 -15 6.6 +0.8
SNPE Xtrackers S&P 500 ESG ETF 54.9 11 4 5.2 -0.7
DIVB iShares U.S. Dividend & Buyback ETF 54.9 25 -10 6.7 +0.9
SPXT ProShares S&P 500 Ex-Technology ETF 53.6 27 -12 5.7 -0.1
IUSG iShares Core S&P US Growth ETF 53.5 4 11 4.4 -1.4
RWL Invesco S&P 500 Revenue ETF 53.3 39 -24 7.3 +1.5
IQSU IQ Candriam ESG US Equity ETF 52.0 9 6 5.1 -0.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 51.7 29 -14 6.3 +0.5
DTD WisdomTree U.S.Total Dividend Fund 51.1 28 -13 6.7 +0.9
ESG FlexShares STOXX US ESG Impact Index Fund 51.0 32 -17 5.1 -0.7
SPYG SPDR Portfolio S&P 500 Growth ETF 50.7 4 11 4.4 -1.5
VOOG Vanguard S&P 500 Growth ETF 50.7 10 5 4.3 -1.5
IVW iShares S&P 500 Growth ETF 50.7 18 -3 4.2 -1.6
ACWI iShares MSCI ACWI ETF 50.4 32 -17 5.9 +0.1
IWD iShares Russell 1000 Value ETF 50.3 19 -4 7.2 +1.4
EXT WisdomTree U.S. Total Earnings Fund 49.8 28 -13 5.3 -0.5
VT Vanguard Total World Stock Index Fund 49.7 8 7 6.2 +0.4
VONG Vanguard Russell 1000 Growth Index Fund 49.1 8 7 4.3 -1.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 48.9 20 -5 6.2 +0.4
LOWC SPDR MSCI ACWI Low Carbon Target ETF 48.7 20 -5 6.1 +0.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 48.2 9 6 5.9 +0.1
RSP Invesco S&P 500 Equal Weight ETF 48.2 20 -5 6.8 +1.0
EUSA iShares MSCI USA Equal Weighted ETF 47.4 15 0 6.3 +0.5
XOUT GraniteShares XOUT U.S. Large Cap ETF 47.3 60 -45 4.4 -1.4
DLN WisdomTree U.S. LargeCap Dividend Fund 46.9 28 -13 6.4 +0.6
IUSV iShares Core S&P U.S. Value ETF 46.9 4 11 7.6 +1.7
CFA VictoryShares US 500 Volatility Weighted Index ETF 46.6 35 -20 6.0 +0.1
SIZE iShares Edge MSCI USA Size Factor ETF 46.3 15 0 6.4 +0.6
DGRO iShares Core Dividend Growth ETF 46.0 8 7 6.7 +0.9
AFLG First Trust Active Factor Large Cap ETF 45.8 55 -40 5.6 -0.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 45.6 19 -4 5.7 -0.1
RECS Columbia Research Enhanced Core ETF 45.5 15 0 5.7 -0.1
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 45.2 15 0 6.3 +0.5
IWF iShares Russell 1000 Growth ETF 45.1 19 -4 4.2 -1.6
OEF iShares S&P 100 ETF 45.1 20 -5 4.8 -1.0
SCIU Global X Scientific Beta US ETF 45.0 19 -4 5.8 +0.0
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 44.7 29 -14 6.8 +1.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 44.5 75 -60 3.8 -2.0
KRMA Global X Conscious Companies ETF 44.4 43 -28 5.3 -0.6
VONV Vanguard Russell 1000 Value Index Fund 44.4 8 7 7.4 +1.6
QWLD SPDR MSCI World StrategicFactors ETF 44.4 30 -15 6.2 +0.4
DSI iShares MSCI KLD 400 Social ETF 44.2 25 -10 5.2 -0.7
VOOV Vanguard S&P 500 Value ETF 43.7 15 0 7.4 +1.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 43.6 9 6 6.0 +0.2
SPYV SPDR Portfolio S&P 500 Value ETF 43.5 4 11 7.5 +1.7
IVE iShares S&P 500 Value ETF 43.5 18 -3 7.3 +1.5
SCHG Schwab U.S. Large-Cap Growth ETF 43.0 4 11 4.2 -1.7
SUSL iShares ESG MSCI USA Leaders ETF 42.9 10 5 5.3 -0.5
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 42.9 10 5 5.3 -0.5
HIPR Direxion High Growth ETF 42.9 40 -25 2.9 -2.9
ONEO SPDR Russell 1000 Momentum Focus ETF 42.6 20 -5 6.5 +0.7
RNLC Large Cap US Equity Select ETF 42.5 60 -45 6.2 +0.4
VUG Vanguard Growth Index Fund 42.4 4 11 4.1 -1.7

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

  2015 2016 2017 2018 2019 2020E 2021E
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
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Avantis U.S. Equity ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 14.0 %
Divided by: Fwd. P/BV 2.3 x
Less: Expense ratio 15 bp
Equals: ALTAR Score 5.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.48 CATEGORY
AVERAGE
1.52
 
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.