Avantis U.S. Small Cap Value ETF
ALTAR
Score™
12.8% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
10.5x P/Sales
ratio
0.4x
P/BV
ratio
0.7x Div.
yield
3.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
AVUV is an actively managed diverse portfolio of U.S. 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) $87
Currency USD
Expense ratio 25 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 555
Wgt avg mkt cap (mns) $1,380
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 23.1%
Small cap (<$2bn) 77.0%
Developed mkts 99.9%
Emerging mkts 0.1%

TOP TEN HOLDINGS
VISHAY INTERTECHNOLOGY INC 0.8 %
ARENA PHARMACEUTICALS, INC. 0.8 %
IRIDIUM COMMUNICATIONS INC. 0.8 %
SHENANDOAH TELECOMMUNICATIONS COMP 0.8 %
GATX CORP 0.8 %
MURPHY USA, INC. 0.8 %
TEXAS ROADHOUSE INC 0.8 %
SANMINA CORP 0.8 %
SYNAPTICS INC 0.7 %
BANK OF HAWAII CORP 0.7 %
Total 8.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.7 %
BERMUDA 1.4 %
CAYMAN ISLANDS 0.7 %
CANADA 0.6 %
PUERTO RICO 0.4 %
BRITAIN 0.4 %
MONACO 0.1 %
PANAMA 0.1 %
LUXEMBOURG 0.1 %
NETHERLANDS 0.1 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 29)
Year-to-date 1 year 5 years 10 years Since Incep.
-19.0% -- -- -- -12.0%

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

Technical Indicators
Recent close $31.12
30d moving avg. $39.20
Annualized volatility 0.0%
Short interest (ETF) 1.7%
Relative strength (RSI) 29

Liquidity measures
Avg. volume (thou.) 14
Turnover 0.5%
Bid/Ask (% of price) 0.11%
ADV underlying (mns) $7,552

Distributions


FINDING ALTERNATIVE FUNDS

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

Benchmark ticker: AVUV Expense: 25 bp ALTAR Score™: 12.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH AVUV
Ticker Fund
Name
Overlap1
vs AVUV
(%)
Expense
ratio
(bp)
Savings
vs AVUV
(bp)
ALTAR
Score™
(%)
ALTAR
vs AVUV
(%)
EES WisdomTree SmallCap Earnings Fund 33.1 38 -13 17.1 +4.3
FYT First Trust Small Cap Value AlphaDEX Fund 29.7 72 -47 12.6 -0.1
FYX First Trust Small Cap Core AlphaDEX Fund 28.3 63 -38 8.3 -4.4
CSA Victory CEMP US Small Cap Volatility Weighted Index ETF 28.1 35 -10 11.0 -1.8
DES WisdomTree U.S. SmallCap Dividend Fund 27.5 38 -13 11.7 -1.1
TPSC Timothy Plan US Small Cap Core ETF 27.0 52 -27 10.2 -2.6
VTWV Vanguard Russell 2000 Value Index Fund 26.6 15 10 9.6 -3.2
IWN iShares Russell 2000 Value ETF 26.5 24 1 9.4 -3.3
SLYV SPDR S&P 600 Small Cap Value ETF 24.8 15 10 11.5 -1.3
IJS iShares S&P Small-cap 600 Value ETF 24.6 25 0 11.3 -1.4
VIOV Vanguard S&P Small-Cap 600 Value ETF 24.5 15 10 11.5 -1.3
PQSV PGIM QMA Strategic Alpha Small-Cap Value ETF 24.1 29 -4 10.9 -1.9
BUY USCF SummerHaven SHPEI Index Fund 23.7 80 -55 16.4 +3.6
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 23.7 40 -15 8.4 -4.4
IJR iShares Core S&P Small Cap ETF 23.6 7 18 9.0 -3.8
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 23.6 29 -4 7.9 -4.9
SPSM SPDR Portfolio Small Cap ETF 23.5 5 20 9.1 -3.7
SLY SPDR S&P 600 Small Cap ETF 23.5 15 10 8.9 -3.8
JKL iShares Morningstar Small Cap Value ETF 23.5 30 -5 13.9 +1.1
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 23.5 38 -13 12.6 -0.2
ROGS Hartford Multifactor Global Small Cap ETF 23.3 34 -9 11.0 -1.8
VIOO Vanguard S&P Small-Cap 600 ETF 23.2 10 15 9.0 -3.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 23.0 39 -14 9.3 -3.5
PSC Principal U.S. Small Cap Index ETF 22.9 38 -13 10.0 -2.8
AFSM First Trust Active Factor Small Cap ETF 22.8 75 -50 9.8 -3.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 22.2 20 5 8.2 -4.6
SQLV Legg Mason Small-Cap Quality Value 22.2 62 -37 10.9 -1.9
ISMD Inspire Small/Mid Cap Impact ETF 21.9 61 -36 7.1 -5.7
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 21.1 39 -14 5.9 -6.8
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 20.7 30 -5 9.9 -2.9
RNSC Small Cap US Equity Select ETF 20.3 60 -35 8.9 -3.9
FNDA Schwab Fundamental U.S. Small Co. Index ETF 19.6 25 0 9.1 -3.7
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 18.9 35 -10 8.5 -4.2
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 18.9 24 1 10.0 -2.7
OMFS Oppenheimer Russell 2000 Dynamic Multifactor ETF 18.4 39 -14 8.0 -4.7
IUSS Invesco Strategic US Small Company ETF 18.1 23 2 8.5 -4.2
VTWO Vanguard Russell 2000 Index Fund 17.9 10 15 5.3 -7.4
SCAP AdvisorShares Cornerstone Small Cap ETF 17.9 90 -65 7.2 -5.5
IWM iShares Russell 2000 ETF 17.8 19 6 5.2 -7.6
IJT iShares S&P Small-Cap 600 Growth ETF 17.2 25 0 7.0 -5.8
SLYG SPDR S&P 600 Small Cap Growth ETF 17.2 15 10 7.1 -5.7
VIOG Vanguard S&P Small-Cap 600 Growth ETF 17.1 16 9 7.0 -5.7
VFVA Vanguard U.S. Value Factor ETF 16.7 13 12 15.2 +2.4
FNK First Trust Mid Cap Value AlphaDEX Fund 16.7 70 -45 14.8 +2.1
CSB Victory CEMP US Small Cap High Dividend Volatility Wtd Idx E 16.6 35 -10 11.7 -1.1
VUSE Vident Core US Equity Fund 16.3 48 -23 10.4 -2.3
SCHA Schwab U.S. Small-Cap ETF 16.3 4 21 6.9 -5.9
CSML IQ Chaikin U.S. Small Cap ETF 16.0 35 -10 12.3 -0.4
VFMF Vanguard U.S. Multifactor ETF 16.0 18 7 10.2 -2.6
RWK Invesco S&P MidCap 400 Revenue ETF 15.5 39 -14 11.1 -1.6
FAB First Trust Multi Cap Value AlphaDEX Fund 15.3 71 -46 12.5 -0.2
IWC iShares Micro-Cap ETF 15.3 60 -35 -4.5 -17.3
VBR Vanguard Small Cap Value Index Fund 15.2 7 18 11.1 -1.6
JKJ iShares Morningstar Small-Cap ETF 14.9 25 0 8.5 -4.3
EWMC Invesco S&P MidCap 400 Equal Weight ETF 14.8 40 -15 9.2 -3.6
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 14.8 29 -4 0.0 -12.7
RFV Invesco S&P Midcap 400 Pure Value ETF 14.5 35 -10 15.5 +2.7
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 14.3 12 13 9.6 -3.2
FSMD Fidelity Small-Mid Factor ETF 14.2 29 -4 9.3 -3.5
EZM WisdomTree U.S. MidCap Earnings Fund 14.1 38 -13 12.8 +0.1
IJJ iShares S&P Mid-Cap 400 Value ETF 14.1 25 0 11.3 -1.5
MDYV SPDR S&P 400 Mid Cap Value ETF 14.0 15 10 11.4 -1.4
SMDY Syntax Stratified MidCap ETF 14.0 30 -5 8.6 -4.1
IVOV Vanguard S&P Mid-Cap 400 Value ETF 13.8 15 10 11.4 -1.3
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 13.8 17 8 6.8 -6.0
PBSM Invesco PureBeta MSCI USA Small Cap ETF 13.7 6 19 7.5 -5.3
XSVM Invesco S&P SmallCap Value with Momentum ETF 13.5 39 -14 14.3 +1.6
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 12.7 60 -35 11.8 -1.0
VFQY Vanguard U.S. Quality Factor ETF 12.6 13 12 8.0 -4.7
OUSM O'Shares FTSE Russell Small Cap Quality Dividend ETF 12.5 48 -23 8.4 -4.4
FNX First Trust Mid Cap Core AlphaDEX Fund 11.8 61 -36 9.5 -3.3
NUSC Nuveen ESG Small-Cap ETF 11.7 40 -15 7.0 -5.8
XSHQ Invesco S&P SmallCap Quality ETF 11.6 29 -4 7.5 -5.3
JHSC John Hancock Multifactor Small Cap ETF 11.5 50 -25 8.1 -4.7
QABA First Trust NASDAQ ABA Community Bank Index Fund 11.5 60 -35 12.5 -0.3
VAMO Cambria Value & Momentum ETF 11.5 64 -39 8.6 -4.2
PXMV Invesco S&P MidCap Value with Momentum ETF 11.3 39 -14 12.9 +0.1
AFMC First Trust Active Factor Mid Cap ETF 11.1 65 -40 9.1 -3.7
RZV Invesco S&P Smallcap 600 Pure Value ETF 11.1 35 -10 12.6 -0.2
VB Vanguard Small-Cap ETF 11.0 5 20 7.5 -5.2
CALF Pacer US Small Cap Cash Cows 100 ETF 10.6 59 -34 16.5 +3.7
KRE SPDR S&P Regional Banking ETF 10.1 35 -10 14.6 +1.8
PSCF Invesco S&P SmallCap Financials ETF 9.9 29 -4 13.9 +1.1
RNMC Mid Cap US Equity Select ETF 9.8 60 -35 9.4 -3.3
VTWG Vanguard Russell 2000 Growth Index Fund 9.7 15 10 1.7 -11.1
IWO iShares Russell 2000 Growth ETF 9.7 24 1 1.4 -11.3
MDY SPDR S&P Midcap 400 ETF Trust 9.5 23 2 8.4 -4.4
SPMD SPDR Portfolio Mid Cap ETF 9.5 5 20 8.6 -4.2
IJH iShares Core S&P Mid-Cap ETF 9.5 6 19 8.6 -4.2
RZG Invesco S&P Smallcap 600 Pure Growth ETF 9.5 35 -10 9.1 -3.7
VXF Vanguard Extended Market Index Fund 9.4 7 18 5.5 -7.3
IVOO Vanguard S&P Mid-Cap 400 ETF 9.4 10 15 8.5 -4.3
FYC First Trust Small Cap Growth AlphaDEX Fund 9.3 70 -45 3.3 -9.4
BUYN USCF SummerHaven SHPEN Index Fund 9.0 80 -55 23.2 +10.4
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 9.0 20 5 9.7 -3.1
BFOR Barron's 400 ETF 8.7 66 -41 8.6 -4.2
TUSA First Trust Total US Market AlphaDEX ETF 8.6 70 -45 8.7 -4.1
JSML Janus Henderson Small Cap Growth Alpha ETF 8.4 35 -10 8.6 -4.1
VFLQ Vanguard U.S. Liquidity Factor ETF 8.3 13 12 5.1 -7.7
IFRA iShares U.S. Infrastructure ETF 8.2 40 -15 7.3 -5.4

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. Small Cap Value ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.8 %
Divided by: Fwd. P/BV 0.7 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 12.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.60 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.