Avantis U.S. Small Cap Value ETF
ALTAR
Score™
9.5% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
55.1x P/Sales
ratio
0.5x
P/BV
ratio
0.9x Div.
yield
2.4%


  • 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) $265
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 507
Wgt avg mkt cap (mns) $1,921
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 46.9%
Small cap (<$2bn) 53.1%
Developed mkts 99.9%
Emerging mkts 0.1%

TOP TEN HOLDINGS
OFFICE DEPOT INC 3.8 %
ARENA PHARMACEUTICALS, INC. 1.0 %
LITHIA MOTORS INC-CL A 0.9 %
SAIA INC 0.9 %
PENN NATIONAL GAMING INC 0.9 %
MURPHY USA, INC. 0.8 %
COMMERCIAL METALS CO 0.8 %
IRIDIUM COMMUNICATIONS INC. 0.8 %
NU SKIN ENTERPRISES INC - A 0.8 %
TIMKEN CO 0.7 %
Total 11.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.4 %
BERMUDA 1.6 %
CANADA 0.7 %
BRITAIN 0.7 %
PUERTO RICO 0.5 %
MONACO 0.1 %
PANAMA 0.1 %
NETHERLANDS 0.1 %
LUXEMBOURG 0.1 %
GREECE 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.
-24.8% -- -- -- -18.3%

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

Technical Indicators
Recent close $39.64
30d moving avg. $41.02
Annualized volatility 0.0%
Short interest (ETF) 1.0%
Relative strength (RSI) 50

Liquidity measures
Avg. volume (thou.) 53
Turnover 0.8%
Bid/Ask (% of price) 0.18%
ADV underlying (mns) $14,781

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™: 9.5%


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 31.5 38 -13 11.9 +2.4
FYT First Trust Small Cap Value AlphaDEX Fund 29.2 72 -47 9.7 +0.2
IWN iShares Russell 2000 Value ETF 28.8 24 1 7.5 -2.0
VTWV Vanguard Russell 2000 Value Index Fund 28.3 15 10 7.6 -1.9
VIOV Vanguard S&P Small-Cap 600 Value ETF 28.2 15 10 9.9 +0.4
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 27.5 35 -10 8.5 -1.0
PSC Principal U.S. Small Cap Index ETF 26.4 38 -13 7.2 -2.3
FYX First Trust Small Cap Core AlphaDEX Fund 26.3 63 -38 6.7 -2.8
TPSC Timothy Plan US Small Cap Core ETF 26.2 52 -27 8.5 -1.0
SLYV SPDR S&P 600 Small Cap Value ETF 25.8 15 10 9.5 0.0
IJS iShares S&P Small-cap 600 Value ETF 25.8 25 0 9.5 -0.0
DES WisdomTree U.S. SmallCap Dividend Fund 25.1 38 -13 9.0 -0.5
RNSC Small Cap US Equity Select ETF 24.8 60 -35 7.9 -1.6
BUY USCF SummerHaven SHPEI Index Fund 24.6 80 -55 10.5 +1.0
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 24.6 29 -4 5.7 -3.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 24.1 39 -14 7.9 -1.6
JKL iShares Morningstar Small Cap Value ETF 24.0 30 -5 10.6 +1.1
VIOO Vanguard S&P Small-Cap 600 ETF 23.8 10 15 7.3 -2.2
SLY SPDR S&P 600 Small Cap ETF 23.6 15 10 7.2 -2.3
SPSM SPDR Portfolio Small Cap ETF 23.6 5 20 7.3 -2.2
IJR iShares Core S&P Small Cap ETF 23.4 7 18 7.2 -2.3
ISMD Inspire Small/Mid Cap Impact ETF 23.3 60 -35 6.6 -2.9
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 23.2 40 -15 7.1 -2.4
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 23.1 30 -5 7.9 -1.6
PQSV PGIM QMA Strategic Alpha Small-Cap Value ETF 23.1 29 -4 10.0 +0.5
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 22.8 24 1 7.3 -2.2
ROGS Hartford Multifactor Global Small Cap ETF 22.5 34 -9 8.1 -1.4
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 22.4 35 -10 8.4 -1.1
CSML IQ Chaikin U.S. Small Cap ETF 22.0 35 -10 4.3 -5.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 21.3 20 5 6.1 -3.4
SQLV Legg Mason Small-Cap Quality Value 21.3 62 -37 8.0 -1.5
IUSS Invesco Strategic US Small Company ETF 20.8 23 2 5.6 -3.9
AFSM First Trust Active Factor Small Cap ETF 20.7 75 -50 5.7 -3.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 20.7 39 -14 8.0 -1.5
FNDA Schwab Fundamental U.S. Small Co. Index ETF 20.5 25 0 6.9 -2.7
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 20.3 35 -10 6.5 -3.0
VUSE Vident Core US Equity Fund 19.8 48 -23 8.4 -1.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 19.1 39 -14 4.3 -5.3
SSLY Syntax Stratified SmallCap ETF 19.0 30 -5 6.3 -3.2
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 18.9 38 -13 9.2 -0.3
IWM iShares Russell 2000 ETF 18.7 19 6 3.7 -5.8
VBR Vanguard Small Cap Value Index Fund 18.4 7 18 8.6 -0.9
EZM WisdomTree U.S. MidCap Earnings Fund 18.1 38 -13 9.4 -0.1
RWK Invesco S&P MidCap 400 Revenue ETF 17.8 39 -14 8.2 -1.3
VFVA Vanguard U.S. Value Factor ETF 17.8 14 11 11.7 +2.2
EWMC Invesco S&P MidCap 400 Equal Weight ETF 17.3 40 -15 7.3 -2.2
VTWO Vanguard Russell 2000 Index Fund 16.9 10 15 3.7 -5.8
IVOV Vanguard S&P Mid-Cap 400 Value ETF 16.5 15 10 8.8 -0.8
RFV Invesco S&P Midcap 400 Pure Value ETF 16.1 35 -10 10.7 +1.2
IJJ iShares S&P Mid-Cap 400 Value ETF 16.0 25 0 8.7 -0.8
MDYV SPDR S&P 400 Mid Cap Value ETF 16.0 15 10 8.8 -0.7
BKSE BNY Mellon US Small Cap Core Equity ETF 15.7 4 21 5.8 -3.7
CALF Pacer US Small Cap Cash Cows 100 ETF 15.5 59 -34 13.5 +4.0
FAB First Trust Multi Cap Value AlphaDEX Fund 15.5 71 -46 9.8 +0.3
SLYG SPDR S&P 600 Small Cap Growth ETF 15.5 15 10 5.3 -4.2
IJT iShares S&P Small-Cap 600 Growth ETF 15.4 25 0 5.2 -4.3
VFMF Vanguard U.S. Multifactor ETF 15.4 19 6 7.2 -2.3
SCHA Schwab U.S. Small-Cap ETF 15.4 4 21 4.7 -4.8
SMDY Syntax Stratified MidCap ETF 15.3 30 -5 6.4 -3.1
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 15.2 20 5 9.6 +0.1
VIOG Vanguard S&P Small-Cap 600 Growth ETF 14.9 16 9 5.3 -4.2
PBSM Invesco PureBeta MSCI USA Small Cap ETF 14.7 6 19 5.4 -4.1
FSMD Fidelity Small-Mid Factor ETF 14.4 29 -4 7.1 -2.4
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 14.4 17 8 5.2 -4.3
XSVM Invesco S&P SmallCap Value with Momentum ETF 14.4 39 -14 12.0 +2.5
FNK First Trust Mid Cap Value AlphaDEX Fund 14.3 70 -45 10.6 +1.1
RZV Invesco S&P Smallcap 600 Pure Value ETF 14.1 35 -10 10.4 +0.9
PXMV Invesco S&P MidCap Value with Momentum ETF 13.8 39 -14 10.4 +0.9
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 13.6 29 -4 1.8 -7.7
VFQY Vanguard U.S. Quality Factor ETF 13.5 13 12 6.1 -3.4
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 13.1 12 13 8.1 -1.4
JHSC John Hancock Multifactor Small Cap ETF 12.8 42 -17 6.0 -3.5
IWC iShares Micro-Cap ETF 12.8 60 -35 -3.9 -13.4
XSHQ Invesco S&P SmallCap Quality ETF 12.7 29 -4 6.8 -2.7
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 12.5 35 -10 9.7 +0.2
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 11.8 29 -4 10.0 +0.5
JKJ iShares Morningstar Small-Cap ETF 11.6 25 0 6.8 -2.7
VAMO Cambria Value & Momentum ETF 11.3 64 -39 7.8 -1.7
NUSC Nuveen ESG Small-Cap ETF 11.3 40 -15 5.4 -4.1
VB Vanguard Small-Cap ETF 11.3 5 20 5.4 -4.1
FNX First Trust Mid Cap Core AlphaDEX Fund 11.0 61 -36 6.5 -3.0
AFMC First Trust Active Factor Mid Cap ETF 10.9 65 -40 6.4 -3.1
MDY SPDR S&P Midcap 400 ETF Trust 10.9 23 2 6.5 -3.0
SPMD SPDR Portfolio Mid Cap ETF 10.8 5 20 6.7 -2.8
IJH iShares Core S&P Mid-Cap ETF 10.8 6 19 6.7 -2.8
IVOO Vanguard S&P Mid-Cap 400 ETF 10.8 10 15 6.6 -2.9
PVAL Principal Contrarian Value Index ETF 10.3 29 -4 10.4 +0.9
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 10.3 60 -35 8.7 -0.8
RNMC Mid Cap US Equity Select ETF 10.2 60 -35 7.9 -1.6
KRE SPDR S&P Regional Banking ETF 10.1 35 -10 11.8 +2.3
QABA First Trust NASDAQ ABA Community Bank Index Fund 9.2 60 -35 11.2 +1.7
XRT SPDR S&P Retail ETF 9.2 35 -10 6.7 -2.8
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 9.1 29 -4 9.6 +0.1
VXF Vanguard Extended Market Index Fund 9.1 7 18 3.7 -5.8
VFLQ Vanguard U.S. Liquidity Factor ETF 8.8 14 11 4.8 -4.7
BFOR Barron's 400 ETF 8.5 65 -40 6.4 -3.1
KBE SPDR S&P Bank ETF 8.5 35 -10 12.0 +2.5
SYLD Cambria Shareholder Yield ETF 8.4 59 -34 9.0 -0.5
RZG Invesco S&P Smallcap 600 Pure Growth ETF 8.3 35 -10 6.0 -3.5
IWO iShares Russell 2000 Growth ETF 8.3 24 1 0.8 -8.7

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. 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 8.7 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 9.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.62 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.