Avantis U.S. Small Cap Value ETF
ALTAR
Score™
6.3% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
29.0x P/Sales
ratio
0.8x
P/BV
ratio
1.3x Div.
yield
1.7%


  • 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) $645
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 544
Wgt avg mkt cap (mns) $3,001
Large cap (>$10bn) 0.9%
Mid cap ($2-10bn) 63.4%
Small cap (<$2bn) 35.7%
Developed mkts 99.9%
Emerging mkts 0.1%

TOP TEN HOLDINGS
DEVON ENERGY CORPORATION 1.1 %
LITHIA MOTORS INC-CL A 1.1 %
KOHLS CORP 0.9 %
ENCANA CORP 0.8 %
MARATHON OIL CORP 0.8 %
TARGA RESOURCES CORP 0.8 %
IRIDIUM COMMUNICATIONS INC. 0.8 %
TIMKEN CO 0.8 %
GAMESTOP CORP-CLASS A 0.8 %
CHEMOURS CO. 0.8 %
Total 8.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 93.9 %
BERMUDA 1.8 %
BRITAIN 1.4 %
CANADA 1.3 %
PUERTO RICO 0.9 %
MONACO 0.1 %
LUXEMBOURG 0.1 %
PANAMA 0.1 %



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.
6.4% 6.4% -- -- 12.3%

Market Correlations
versus... Beta R-squared
S&P500 1.66 86%
MSCI EAFE 1.54 84%
MSCI Emg. Mkts. 1.45 84%

Technical Indicators
Recent close $62.76
30d moving avg. $59.17
Annualized volatility 41.3%
Short interest (ETF) 0.1%
Relative strength (RSI) 64

Liquidity measures
Avg. volume (thou.) 61
Turnover 0.6%
Bid/Ask (% of price) 0.18%
ADV underlying (mns) $10,934

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 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™: 6.3%


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
(%)
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 30.8 30 -5 6.0 -0.3
IWN iShares Russell 2000 Value ETF 30.8 24 1 5.0 -1.3
VTWV Vanguard Russell 2000 Value Index Fund 28.8 15 10 5.1 -1.2
JKL iShares Morningstar Small Cap Value ETF 28.4 30 -5 7.6 +1.3
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 28.0 29 -4 4.2 -2.1
VIOO Vanguard S&P Small-Cap 600 ETF 27.2 10 15 5.5 -0.8
FYX First Trust Small Cap Core AlphaDEX Fund 27.0 63 -38 5.4 -0.9
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 26.9 35 -10 6.0 -0.4
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 26.8 35 -10 6.0 -0.4
SPSM SPDR Portfolio Small Cap ETF 26.8 5 20 5.6 -0.7
SLY SPDR S&P 600 Small Cap ETF 26.8 15 10 5.5 -0.8
PSC Principal U.S. Small Cap Index ETF 26.7 38 -13 4.6 -1.8
VIOV Vanguard S&P Small-Cap 600 Value ETF 26.6 15 10 6.9 +0.6
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 26.5 39 -14 3.9 -2.4
IJR iShares Core S&P Small Cap ETF 26.4 6 19 5.6 -0.7
EES WisdomTree SmallCap Earnings Fund 26.4 38 -13 7.5 +1.2
FYT First Trust Small Cap Value AlphaDEX Fund 26.3 72 -47 7.9 +1.6
RWJ Invesco S&P SmallCap 600 Revenue ETF 25.9 39 -14 5.3 -1.0
XJR iShares ESG Screened S&P Small-Cap ETF 25.9 12 13 5.7 -0.6
TPSC Timothy Plan US Small Cap Core ETF 25.7 52 -27 5.7 -0.7
SLYV SPDR S&P 600 Small Cap Value ETF 25.4 15 10 6.9 +0.5
IJS iShares S&P Small-cap 600 Value ETF 25.4 18 7 6.8 +0.5
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 25.0 24 1 4.9 -1.4
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 24.7 40 -15 5.1 -1.3
VTWO Vanguard Russell 2000 Index Fund 24.7 10 15 2.6 -3.7
VFVA Vanguard U.S. Value Factor ETF 24.6 14 11 8.5 +2.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 24.4 20 5 3.8 -2.5
RNSC Small Cap US Equity Select ETF 24.0 60 -35 6.0 -0.4
FNDA Schwab Fundamental U.S. Small Co. Index ETF 23.8 25 0 4.8 -1.5
DES WisdomTree U.S. SmallCap Dividend Fund 23.4 38 -13 6.7 +0.3
PQSV PGIM QMA Strategic Alpha Small-Cap Value ETF 22.9 29 -4 4.9 -1.4
AFSM First Trust Active Factor Small Cap ETF 22.5 77 -52 4.3 -2.0
SVAL iShares US Small Cap Value Factor ETF 22.2 20 5 8.3 +2.0
IUSS Invesco Strategic US Small Company ETF 22.1 23 2 3.6 -2.7
EZM WisdomTree U.S. MidCap Earnings Fund 22.0 38 -13 7.6 +1.2
STSB iShares Factors US Small Blend Style ETF 21.9 35 -10 2.9 -3.4
CSML IQ Chaikin U.S. Small Cap ETF 21.7 35 -10 2.8 -3.5
IJJ iShares S&P Mid-Cap 400 Value ETF 21.7 18 7 6.9 +0.5
MDYV SPDR S&P 400 Mid Cap Value ETF 21.7 15 10 6.9 +0.6
RWK Invesco S&P MidCap 400 Revenue ETF 21.6 39 -14 6.3 +0.0
VBR Vanguard Small Cap Value Index Fund 21.0 7 18 6.4 +0.1
EWMC Invesco S&P MidCap 400 Equal Weight ETF 20.9 40 -15 5.6 -0.7
ROSC Hartford Multifactor Small Cap ETF 20.6 34 -9 6.5 +0.2
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 20.6 35 -10 4.9 -1.4
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 20.6 39 -14 3.4 -2.9
SSLY Syntax Stratified SmallCap ETF 20.5 30 -5 4.9 -1.4
IWM iShares Russell 2000 ETF 20.3 19 6 2.5 -3.8
SQLV Legg Mason Small-Cap Quality Value 19.8 62 -37 4.1 -2.3
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 19.7 9 16 3.3 -3.0
SCHA Schwab U.S. Small-Cap ETF 19.7 4 21 3.6 -2.7
RFV Invesco S&P Midcap 400 Pure Value ETF 19.6 35 -10 8.8 +2.5
VUSE Vident Core US Equity Fund 19.0 48 -23 7.4 +1.1
VFMF Vanguard U.S. Multifactor ETF 18.2 19 6 6.1 -0.2
IVOV Vanguard S&P Mid-Cap 400 Value ETF 18.1 15 10 6.7 +0.4
ISMD Inspire Small/Mid Cap Impact ETF 17.8 60 -35 4.3 -2.0
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 17.6 17 8 4.0 -2.3
SLYG SPDR S&P 600 Small Cap Growth ETF 17.5 15 10 4.4 -1.9
SMDY Syntax Stratified MidCap ETF 17.3 30 -5 5.1 -1.2
VIOG Vanguard S&P Small-Cap 600 Growth ETF 17.2 16 9 4.3 -2.1
XMVM Invesco S&P MidCap Value with Momentum ETF 17.0 39 -14 8.0 +1.7
PBSM Invesco PureBeta MSCI USA Small Cap ETF 17.0 6 19 4.0 -2.3
IJT iShares S&P Small-Cap 600 Growth ETF 16.8 18 7 4.3 -2.0
BKSE BNY Mellon US Small Cap Core Equity ETF 16.6 4 21 4.7 -1.6
FNK First Trust Mid Cap Value AlphaDEX Fund 16.5 70 -45 7.7 +1.4
VAMO Cambria Value & Momentum ETF 16.3 63 -38 5.4 -1.0
FSMD Fidelity Small-Mid Factor ETF 16.2 29 -4 5.2 -1.1
VFQY Vanguard U.S. Quality Factor ETF 16.2 13 12 5.3 -1.0
FAB First Trust Multi Cap Value AlphaDEX Fund 16.2 71 -46 7.5 +1.2
NUSC Nuveen ESG Small-Cap ETF 15.9 40 -15 3.9 -2.4
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 15.8 20 5 7.1 +0.8
XSVM Invesco S&P SmallCap Value with Momentum ETF 15.8 39 -14 6.8 +0.5
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 15.6 38 -13 7.0 +0.7
AFMC First Trust Active Factor Mid Cap ETF 15.1 65 -40 5.2 -1.1
MDY SPDR S&P Midcap 400 ETF Trust 14.9 23 2 5.1 -1.2
SPMD SPDR Portfolio Mid Cap ETF 14.9 5 20 5.3 -1.0
IJH iShares Core S&P Mid-Cap ETF 14.9 5 20 5.3 -1.0
IWC iShares Micro-Cap ETF 14.9 60 -35 -3.2 -9.5
BFOR Barron's 400 ETF 14.8 65 -40 5.6 -0.8
IVOO Vanguard S&P Mid-Cap 400 ETF 13.9 10 15 5.3 -1.1
JHSC John Hancock Multifactor Small Cap ETF 13.7 42 -17 4.5 -1.8
JKJ iShares Morningstar Small-Cap ETF 13.6 25 0 5.1 -1.3
FNX First Trust Mid Cap Core AlphaDEX Fund 13.3 61 -36 5.1 -1.3
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 13.1 29 -4 -0.3 -6.6
XJH iShares ESG Screened S&P Mid-Cap ETF 13.1 12 13 5.4 -0.9
XSHQ Invesco S&P SmallCap Quality ETF 12.9 29 -4 5.3 -1.1
RZV Invesco S&P Smallcap 600 Pure Value ETF 12.6 35 -10 6.8 +0.5
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 12.5 12 13 6.0 -0.3
VB Vanguard Small-Cap ETF 12.4 5 20 4.4 -1.9
KRE SPDR S&P Regional Banking ETF 12.1 35 -10 7.5 +1.2
KBE SPDR S&P Bank ETF 11.8 35 -10 8.2 +1.9
CALF Pacer US Small Cap Cash Cows 100 ETF 11.7 59 -34 8.7 +2.4
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 11.4 35 -10 7.2 +0.9
DON WisdomTree U.S. MidCap Dividend Fund 11.3 38 -13 6.7 +0.4
RNMC Mid Cap US Equity Select ETF 11.2 60 -35 6.1 -0.2
XRT SPDR S&P Retail ETF 10.7 35 -10 4.6 -1.7
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 10.6 7 18 3.9 -2.4
VXF Vanguard Extended Market Index Fund 10.2 6 19 2.5 -3.8
XSMO Invesco S&P SmallCap Momentum ETF 10.0 39 -14 3.6 -2.7
VFLQ Vanguard U.S. Liquidity Factor ETF 9.8 14 11 3.5 -2.9

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:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.3 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 6.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.53 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.