Avantis U.S. Equity ETF
ALTAR
Score™
6.0% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
26.3x P/Sales
ratio
1.7x
P/BV
ratio
2.6x Div.
yield
1.7%


  • 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) $436
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 2028
Wgt avg mkt cap (mns) $319,705
Large cap (>$10bn) 78.3%
Mid cap ($2-10bn) 16.1%
Small cap (<$2bn) 5.6%
Developed mkts 99.9%
Emerging mkts 0.1%

TOP TEN HOLDINGS
APPLE INC 5.0 %
MICROSOFT CORP 3.6 %
AMAZON.COM INC 3.2 %
FACEBOOK 1.7 %
JOHNSON & JOHNSON 1.2 %
VERIZON COMMUNICATIONS INC 0.9 %
ALPHABET INC. CLASS C 0.9 %
ALPHABET INC. CLASS A 0.9 %
MASTERCARD INC-CLASS A 0.9 %
JPMORGAN CHASE & CO 0.8 %
Total 19.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.2 %
IRELAND 1.4 %
BRITAIN 0.9 %
BERMUDA 0.5 %
SWITZERLAND 0.3 %
CANADA 0.2 %
ARGENTINA 0.1 %
SINGAPORE 0.1 %
PUERTO RICO 0.1 %


HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
0.5% -- -- -- 9.4%

Market Correlations
versus... Beta R-squared
S&P500 1.14 99%
MSCI EAFE 1.18 94%
MSCI Emg. Mkts. 0.85 77%

Technical Indicators
Recent close $54.08
30d moving avg. $54.58
Annualized volatility 27.2%
Short interest (ETF) 0.9%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 26
Turnover 0.3%
Bid/Ask (% of price) 0.11%
ADV underlying (mns) $31,535

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™: 6.0%


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
(%)
VTHR Vanguard Russell 3000 Index Fund 72.6 10 5 5.4 -0.6
JHML John Hancock Multifactor Large Cap ETF 72.6 29 -14 5.7 -0.2
SCHB Schwab U.S. Broad Market ETF 72.4 3 12 5.5 -0.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 72.3 3 12 5.4 -0.6
IWV iShares Russell 3000 ETF 72.2 20 -5 5.3 -0.7
VTI Vanguard Total Stock Market Index Fund 71.2 3 12 5.4 -0.6
IYY iShares Dow Jones U.S. ETF 70.5 20 -5 5.4 -0.6
SCHK Schwab 1000 Index ETF 70.4 5 10 5.6 -0.4
SPTM SPDR Portfolio Total Stock Market ETF 70.1 3 12 5.9 -0.1
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 70.1 25 -10 6.6 +0.7
IWB iShares Russell 1000 ETF 70.0 15 0 5.5 -0.5
VONE Vanguard Russell 1000 ETF 69.5 8 7 5.5 -0.5
SCHX Schwab U.S. Large-Cap ETF 69.0 3 12 5.5 -0.4
PBUS Invesco PureBeta MSCI USA ETF 67.7 4 11 5.6 -0.4
ESGV Vanguard ESG U.S. Stock ETF 67.4 12 3 5.5 -0.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 67.1 2 13 5.6 -0.3
PBP Invesco S&P 500 BuyWrite ETF 66.4 49 -34 5.3 -0.7
VV Vanguard Large-Cap Index Fund 66.4 4 11 5.6 -0.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 66.1 7 8 5.6 -0.4
IVV iShares Core S&P 500 ETF 65.9 3 12 5.8 -0.2
HSPX Global X S&P 500 Covered Call ETF 65.9 60 -45 5.3 -0.7
SPLG SPDR Portfolio Large Cap ETF 65.9 3 12 5.8 -0.2
SPY SPDR S&P 500 ETF Trust 65.9 9 6 5.7 -0.2
XYLG Global X S&P 500 Covered Call & Growth ETF 65.8 60 -45 5.3 -0.6
VOO VANGUARD S&P 500 ETF 65.3 3 12 5.8 -0.1
FNDB Schwab Fundamental U.S. Broad Market Index ETF 65.2 25 -10 7.2 +1.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 64.9 20 -5 5.7 -0.3
SPXE ProShares S&P 500 Ex-Energy ETF 64.1 27 -12 5.7 -0.3
PRF Invesco FTSE RAFI US 1000 ETF 62.7 39 -24 7.2 +1.2
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 62.4 9 6 5.9 -0.1
EPS WisdomTree U.S. Earnings 500 Fund 62.2 8 7 6.9 +0.9
FNDX Schwab Fundamental U.S. Large Co. Index ETF 61.9 25 -10 7.1 +1.2
ESGU iShares MSCI USA ESG Optimized ETF 61.5 15 0 5.5 -0.5
VLU SPDR S&P 1500 Value Tilt ETF 61.1 12 3 7.6 +1.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 60.8 20 -5 5.3 -0.7
SFY SoFi Select 500 ETF 60.7 0 15 5.4 -0.6
CATH Global X S&P 500 Catholic Values Custom ETF 60.6 29 -14 5.5 -0.5
SPXN ProShares S&P 500 Ex-Financials ETF 60.0 27 -12 5.4 -0.6
KOKU Xtrackers MSCI Kokusai Equity ETF 59.3 9 6 6.0 -0.0
SPXV ProShares S&P 500 Ex-Health Care ETF 59.2 27 -12 5.5 -0.5
TOK iShares MSCI Kokusai ETF 59.2 25 -10 5.8 -0.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 58.7 12 3 5.6 -0.4
MGC Vanguard Mega Cap Index Fund 58.2 7 8 5.6 -0.4
IUS Invesco Strategic US ETF 58.2 19 -4 6.8 +0.9
QUS SPDR MSCI USA StrategicFactors ETF 56.8 15 0 6.0 +0.1
URTH iShares MSCI World ETF 56.0 24 -9 5.9 -0.1
DYNF BlackRock U.S. Equity Factor Rotation ETF 56.0 30 -15 6.8 +0.8
IWL iShares Russell Top 200 ETF 55.3 15 0 5.4 -0.6
BKLC BNY Mellon US Large Cap Core Equity ETF 55.1 0 15 5.6 -0.4
DIVB iShares U.S. Dividend & Buyback ETF 53.6 25 -10 7.1 +1.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 53.3 29 -14 6.2 +0.2
EFIV SPDR S&P 500 ESG ETF 53.2 10 5 5.6 -0.4
SNPE Xtrackers S&P 500 ESG ETF 53.2 10 5 5.6 -0.4
IUSG iShares Core S&P US Growth ETF 52.9 4 11 5.2 -0.8
RWL Invesco S&P 500 Revenue ETF 52.7 39 -24 7.5 +1.5
IQSU IQ Candriam ESG US Equity ETF 51.8 9 6 5.7 -0.3
SPXT ProShares S&P 500 Ex-Technology ETF 51.8 27 -12 5.5 -0.4
ACWI iShares MSCI ACWI ETF 51.0 32 -17 6.0 +0.1
DTD WisdomTree U.S.Total Dividend Fund 50.7 28 -13 7.0 +1.0
VOOG Vanguard S&P 500 Growth ETF 50.2 10 5 5.2 -0.8
IVW iShares S&P 500 Growth ETF 50.1 18 -3 5.1 -0.9
SPYG SPDR Portfolio S&P 500 Growth ETF 50.1 4 11 5.2 -0.8
VT Vanguard Total World Stock Index Fund 49.6 8 7 6.3 +0.3
IWD iShares Russell 1000 Value ETF 49.5 19 -4 7.0 +1.0
CRBN iShares MSCI ACWI Low Carbon Target ETF 49.5 20 -5 6.3 +0.3
VONV Vanguard Russell 1000 Value Index Fund 49.3 8 7 7.1 +1.1
LOWC SPDR MSCI ACWI Low Carbon Target ETF 49.3 20 -5 6.3 +0.3
XOUT GraniteShares XOUT U.S. Large Cap ETF 49.1 60 -45 4.8 -1.2
ESG FlexShares STOXX US ESG Impact Index Fund 48.9 32 -17 5.4 -0.6
EXT WisdomTree U.S. Total Earnings Fund 48.0 28 -13 5.9 -0.1
RSP Invesco S&P 500 Equal Weight ETF 47.7 20 -5 6.7 +0.7
EUSA iShares MSCI USA Equal Weighted ETF 47.6 15 0 6.2 +0.3
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 47.4 35 -20 5.8 -0.2
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 47.3 9 6 6.0 +0.0
SCHV Schwab U.S. Large-Cap Value ETF 47.2 4 11 6.9 +0.9
CFA VictoryShares US 500 Volatility Weighted Index ETF 47.1 35 -20 5.8 -0.1
AFLG First Trust Active Factor Large Cap ETF 46.7 55 -40 5.9 -0.1
SIZE iShares Edge MSCI USA Size Factor ETF 46.5 15 0 6.2 +0.2
DLN WisdomTree U.S. LargeCap Dividend Fund 46.2 28 -13 6.8 +0.8
IUSV iShares Core S&P U.S. Value ETF 46.1 4 11 7.5 +1.5
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 45.1 19 -4 6.5 +0.5
IWF iShares Russell 1000 Growth ETF 44.7 19 -4 4.8 -1.2
SCIU Global X Scientific Beta US ETF 44.5 19 -4 5.8 -0.2
VONG Vanguard Russell 1000 Growth Index Fund 44.5 8 7 4.9 -1.1
DGRO iShares Core Dividend Growth ETF 44.5 8 7 6.9 +0.9
KRMA Global X Conscious Companies ETF 44.3 43 -28 5.6 -0.4
OEF iShares S&P 100 ETF 44.0 20 -5 5.4 -0.6
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 43.9 15 0 6.7 +0.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 43.9 9 6 6.1 +0.1
QWLD SPDR MSCI World StrategicFactors ETF 43.8 30 -15 6.2 +0.3
ROUS Hartford Multifactor US Equity ETF 43.5 19 -4 6.5 +0.5
DSI iShares MSCI KLD 400 Social ETF 43.4 25 -10 5.1 -0.9
ONEO SPDR Russell 1000 Momentum Focus ETF 42.9 20 -5 6.5 +0.5
RECS Columbia Research Enhanced Core ETF 42.7 15 0 6.1 +0.2
VOOV Vanguard S&P 500 Value ETF 42.5 10 5 7.4 +1.4
IVE iShares S&P 500 Value ETF 42.4 18 -3 7.3 +1.3
SPYV SPDR Portfolio S&P 500 Value ETF 42.4 4 11 7.4 +1.4
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 42.4 29 -14 7.0 +1.0
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 42.4 75 -60 4.0 -1.9
RNLC Large Cap US Equity Select ETF 42.2 60 -45 6.2 +0.2

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 14.7 %
Divided by: Fwd. P/BV 2.4 x
Less: Expense ratio 15 bp
Equals: ALTAR Score 6.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.48 CATEGORY
AVERAGE
1.51
 
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.