Avantis U.S. Equity ETF
ALTAR
Score™
4.8% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
29.5x P/Sales
ratio
2.0x
P/BV
ratio
3.1x Div.
yield
1.4%


  • 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) $641
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 2042
Wgt avg mkt cap (mns) $332,486
Large cap (>$10bn) 78.0%
Mid cap ($2-10bn) 17.4%
Small cap (<$2bn) 4.5%
Developed mkts 99.9%
Emerging mkts 0.1%

TOP TEN HOLDINGS
APPLE INC 4.5 %
AMAZON.COM INC 3.2 %
MICROSOFT CORP 3.2 %
FACEBOOK 1.2 %
JOHNSON & JOHNSON 1.1 %
ALPHABET INC. CLASS C 1.0 %
ALPHABET INC. CLASS A 0.9 %
JPMORGAN CHASE & CO 0.9 %
PAYPAL HOLDINGS INC 0.8 %
TESLA MOTORS INC 0.8 %
Total 17.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.0 %
IRELAND 1.4 %
BRITAIN 0.9 %
BERMUDA 0.5 %
SWITZERLAND 0.4 %
CANADA 0.2 %
SINGAPORE 0.1 %
ARGENTINA 0.1 %
PUERTO RICO 0.1 %
CAYMAN ISLANDS 0.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
17.5% 17.5% -- -- 21.8%

Market Correlations
versus... Beta R-squared
S&P500 1.14 98%
MSCI EAFE 1.03 91%
MSCI Emg. Mkts. 0.89 77%

Technical Indicators
Recent close $65.90
30d moving avg. $63.54
Annualized volatility 26.5%
Short interest (ETF) 0.5%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 37
Turnover 0.4%
Bid/Ask (% of price) 0.13%
ADV underlying (mns) $330,987

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 97 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™: 4.8%


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
(%)
DFAU Dimensional US Core Equity Market ETF 72.7 12 3 4.7 -0.2
ESGV Vanguard ESG U.S. Stock ETF 72.2 12 3 4.5 -0.4
VTHR Vanguard Russell 3000 Index Fund 71.6 10 5 4.4 -0.4
JHML John Hancock Multifactor Large Cap ETF 71.6 29 -14 4.9 +0.0
SCHB Schwab U.S. Broad Market ETF 70.7 3 12 4.5 -0.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 70.6 3 12 4.4 -0.4
IWV iShares Russell 3000 ETF 70.5 20 -5 4.3 -0.5
VTI Vanguard Total Stock Market Index Fund 69.7 3 12 4.4 -0.4
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 69.7 25 -10 4.9 +0.1
SPTM SPDR Portfolio Total Stock Market ETF 69.0 3 12 4.8 -0.0
IYY iShares Dow Jones U.S. ETF 68.5 20 -5 4.4 -0.4
SCHK Schwab 1000 Index ETF 68.4 5 10 4.6 -0.2
IWB iShares Russell 1000 ETF 67.9 15 0 4.5 -0.4
SCHX Schwab U.S. Large-Cap ETF 66.8 3 12 4.6 -0.3
PBUS Invesco PureBeta MSCI USA ETF 65.6 4 11 4.6 -0.3
VONE Vanguard Russell 1000 ETF 65.6 8 7 4.6 -0.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 64.8 2 13 4.6 -0.2
PBP Invesco S&P 500 BuyWrite ETF 64.7 49 -34 4.3 -0.5
XYLG Global X S&P 500 Covered Call & Growth ETF 64.4 60 -45 4.4 -0.4
SPLG SPDR Portfolio Large Cap ETF 64.2 3 12 4.7 -0.1
SPY SPDR S&P 500 ETF Trust 64.1 9 6 4.7 -0.1
VV Vanguard Large-Cap Index Fund 64.1 4 11 4.6 -0.2
IVV iShares Core S&P 500 ETF 64.1 3 12 4.7 -0.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 63.8 7 8 4.5 -0.3
VOO VANGUARD S&P 500 ETF 63.6 3 12 4.8 +0.0
FNDB Schwab Fundamental U.S. Broad Market Index ETF 63.5 25 -10 5.7 +0.8
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 62.5 20 -5 4.8 -0.0
PRF Invesco FTSE RAFI US 1000 ETF 62.3 39 -24 5.8 +1.0
SPXE ProShares S&P 500 Ex-Energy ETF 62.0 27 -12 4.6 -0.2
VLU SPDR S&P 1500 Value Tilt ETF 60.6 12 3 6.1 +1.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 59.9 20 -5 4.6 -0.3
FNDX Schwab Fundamental U.S. Large Co. Index ETF 59.8 25 -10 5.8 +1.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 59.7 9 6 4.8 -0.0
XVV iShares ESG Screened S&P 500 ETF 59.4 8 7 4.9 +0.1
SFY SoFi Select 500 ETF 59.0 0 15 4.6 -0.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 59.0 12 3 4.0 -0.8
ESGU iShares MSCI USA ESG Optimized ETF 59.0 15 0 4.4 -0.4
CATH Global X S&P 500 Catholic Values Custom ETF 58.7 29 -14 4.6 -0.3
SPXV ProShares S&P 500 Ex-Health Care ETF 57.7 27 -12 4.3 -0.5
SPXN ProShares S&P 500 Ex-Financials ETF 57.6 27 -12 4.4 -0.5
DYNF BlackRock U.S. Equity Factor Rotation ETF 57.5 30 -15 5.2 +0.4
TOK iShares MSCI Kokusai ETF 57.3 25 -10 4.9 +0.1
KOKU Xtrackers MSCI Kokusai Equity ETF 57.2 9 6 5.0 +0.2
EPS WisdomTree U.S. Earnings 500 Fund 56.7 8 7 5.9 +1.1
IUS Invesco Strategic US ETF 56.2 19 -4 5.5 +0.7
URTH iShares MSCI World ETF 54.8 24 -9 5.0 +0.1
MGC Vanguard Mega Cap Index Fund 54.7 7 8 4.6 -0.2
QUS SPDR MSCI USA StrategicFactors ETF 54.0 15 0 5.3 +0.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 53.7 30 -15 5.0 +0.2
RWL Invesco S&P 500 Revenue ETF 52.8 39 -24 6.2 +1.4
BKLC BNY Mellon US Large Cap Core Equity ETF 52.6 0 15 4.5 -0.4
JCTR JPMorgan Carbon Transition U.S. Equity ETF 52.5 15 0 4.7 -0.2
IWL iShares Russell Top 200 ETF 52.4 15 0 4.4 -0.4
DIVB iShares U.S. Dividend & Buyback ETF 51.6 25 -10 5.9 +1.1
SNPE Xtrackers S&P 500 ESG ETF 50.8 10 5 4.6 -0.2
EFIV SPDR S&P 500 ESG ETF 50.8 10 5 4.6 -0.3
SPXT ProShares S&P 500 Ex-Technology ETF 50.7 27 -12 4.9 +0.1
VONV Vanguard Russell 1000 Value Index Fund 50.4 8 7 6.1 +1.3
IUSV iShares Core S&P U.S. Value ETF 50.2 4 11 6.4 +1.6
IQSU IQ Candriam ESG US Equity ETF 49.7 9 6 4.5 -0.3
IWD iShares Russell 1000 Value ETF 49.6 19 -4 6.0 +1.2
ACWI iShares MSCI ACWI ETF 49.5 32 -17 5.1 +0.3
VT Vanguard Total World Stock ETF 49.3 8 7 5.4 +0.6
RSP Invesco S&P 500 Equal Weight ETF 47.8 20 -5 5.6 +0.8
VOOV Vanguard S&P 500 Value ETF 47.8 10 5 6.6 +1.8
IUSG iShares Core S&P US Growth ETF 47.7 4 11 3.7 -1.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 47.6 20 -5 5.3 +0.5
LOWC SPDR MSCI ACWI Low Carbon Target ETF 47.5 20 -5 5.3 +0.5
XOUT GraniteShares XOUT U.S. Large Cap ETF 47.5 60 -45 3.6 -1.2
EUSA iShares MSCI USA Equal Weighted ETF 47.4 15 0 5.1 +0.3
ESG FlexShares STOXX US ESG Impact Index Fund 46.7 32 -17 4.5 -0.4
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 46.6 9 6 5.0 +0.2
SCHV Schwab U.S. Large-Cap Value ETF 46.6 4 11 6.1 +1.3
RESP WisdomTree US ESG Fund of Benef Interest 46.4 28 -13 5.1 +0.2
SIZE iShares MSCI USA Size Factor ETF 46.3 15 0 5.1 +0.3
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 46.2 35 -20 5.1 +0.3
SPYV SPDR Portfolio S&P 500 Value ETF 46.2 4 11 6.4 +1.6
IVE iShares S&P 500 Value ETF 46.2 18 -3 6.3 +1.5
DTD WisdomTree U.S.Total Dividend Fund 46.2 28 -13 6.3 +1.4
CFA VictoryShares US 500 Volatility Weighted Index ETF 46.1 35 -20 5.0 +0.2
VOOG Vanguard S&P 500 Growth ETF 44.9 10 5 3.9 -0.9
SPYG SPDR Portfolio S&P 500 Growth ETF 44.5 4 11 3.7 -1.2
IVW iShares S&P 500 Growth ETF 44.5 18 -3 3.5 -1.3
AFLG First Trust Active Factor Large Cap ETF 43.9 55 -40 4.7 -0.2
KRMA Global X Conscious Companies ETF 43.9 43 -28 4.8 +0.0
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 42.8 19 -4 5.3 +0.5
QWLD SPDR MSCI World StrategicFactors ETF 42.6 30 -15 5.4 +0.6
TUSA First Trust Total US Market AlphaDEX ETF 42.3 70 -55 4.8 -0.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 42.3 9 6 5.1 +0.3
ONEO SPDR Russell 1000 Momentum Focus ETF 42.2 20 -5 5.6 +0.8
DGRO iShares Core Dividend Growth ETF 42.0 8 7 6.0 +1.2
ROUS Hartford Multifactor US Equity ETF 42.0 19 -4 5.9 +1.1
IWF iShares Russell 1000 Growth ETF 41.9 19 -4 3.4 -1.4
DSI iShares MSCI KLD 400 Social ETF 41.8 25 -10 4.6 -0.3
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 41.8 15 0 5.8 +1.0
OEF iShares S&P 100 ETF 41.7 20 -5 4.2 -0.6
VONG Vanguard Russell 1000 Growth Index Fund 41.6 8 7 3.5 -1.3

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 2.8 x
Less: Expense ratio 15 bp
Equals: ALTAR Score 4.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.47 CATEGORY
AVERAGE
1.49
 
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.