Avantis U.S. Small Cap Value ETF
ALTAR
Score™
7.9% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
44.9x P/Sales
ratio
0.7x
P/BV
ratio
1.1x Div.
yield
2.2%


  • 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) $385
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 541
Wgt avg mkt cap (mns) $2,360
Large cap (>$10bn) 0.7%
Mid cap ($2-10bn) 53.6%
Small cap (<$2bn) 45.7%
Developed mkts 99.9%
Emerging mkts 0.1%

TOP TEN HOLDINGS
LITHIA MOTORS INC-CL A 1.2 %
CHEMOURS CO. 0.9 %
TIMKEN CO 0.8 %
DICK'S SPORTING GOODS INC 0.8 %
MERITAGE HOMES CORP 0.8 %
AUTONATION INC 0.8 %
NU SKIN ENTERPRISES INC - A 0.8 %
UNIVERSAL FOREST PRODUCTS 0.8 %
SAIA INC 0.8 %
BMC STOCK HOLDINGS, INC. 0.8 %
Total 8.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.2 %
BERMUDA 2.0 %
BRITAIN 1.3 %
CANADA 1.2 %
PUERTO RICO 0.8 %
MONACO 0.1 %
LUXEMBOURG 0.1 %
PANAMA 0.1 %
NETHERLANDS 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.
-20.3% -- -- -- -13.3%

Market Correlations
versus... Beta R-squared
S&P500 1.69 91%
MSCI EAFE 1.81 92%
MSCI Emg. Mkts. 1.38 84%

Technical Indicators
Recent close $46.56
30d moving avg. $44.72
Annualized volatility 42.0%
Short interest (ETF) 0.5%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 28
Turnover 0.3%
Bid/Ask (% of price) 0.13%
ADV underlying (mns) $9,557

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™: 7.9%


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 30.9 38 -13 10.0 +2.1
IWN iShares Russell 2000 Value ETF 29.9 24 1 6.7 -1.2
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 27.8 30 -5 7.4 -0.5
FYT First Trust Small Cap Value AlphaDEX Fund 27.6 72 -47 9.4 +1.6
VIOV Vanguard S&P Small-Cap 600 Value ETF 27.1 15 10 8.7 +0.9
FYX First Trust Small Cap Core AlphaDEX Fund 27.0 63 -38 6.0 -1.9
IJS iShares S&P Small-cap 600 Value ETF 26.9 25 0 8.8 +0.9
SLYV SPDR S&P 600 Small Cap Value ETF 26.9 15 10 8.7 +0.8
PSC Principal U.S. Small Cap Index ETF 26.6 38 -13 6.7 -1.2
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 26.5 35 -10 7.7 -0.2
DES WisdomTree U.S. SmallCap Dividend Fund 26.3 38 -13 8.3 +0.4
JKL iShares Morningstar Small Cap Value ETF 26.1 30 -5 9.9 +2.0
TPSC Timothy Plan US Small Cap Core ETF 25.9 52 -27 7.9 0.0
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 25.7 29 -4 4.9 -3.0
VIOO Vanguard S&P Small-Cap 600 ETF 25.4 10 15 6.8 -1.1
SLY SPDR S&P 600 Small Cap ETF 25.1 15 10 6.8 -1.1
SPSM SPDR Portfolio Small Cap ETF 25.1 5 20 6.9 -0.9
IJR iShares Core S&P Small Cap ETF 25.0 6 19 6.9 -0.9
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 24.0 24 1 6.3 -1.6
RWJ Invesco S&P SmallCap 600 Revenue ETF 23.6 39 -14 6.8 -1.1
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 23.2 40 -15 7.1 -0.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 23.2 20 5 4.7 -3.2
CSML IQ Chaikin U.S. Small Cap ETF 22.8 35 -10 3.8 -4.1
FNDA Schwab Fundamental U.S. Small Co. Index ETF 22.6 25 0 7.2 -0.7
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 22.6 35 -10 7.8 -0.1
PQSV PGIM QMA Strategic Alpha Small-Cap Value ETF 22.5 29 -4 5.7 -2.2
ROGS Hartford Multifactor Global Small Cap ETF 22.3 34 -9 8.0 +0.1
VTWV Vanguard Russell 2000 Value Index Fund 22.2 15 10 6.9 -1.0
IUSS Invesco Strategic US Small Company ETF 22.0 23 2 5.1 -2.8
AFSM First Trust Active Factor Small Cap ETF 21.7 75 -50 5.3 -2.6
SQLV Legg Mason Small-Cap Quality Value 21.6 62 -37 6.2 -1.6
BUY USCF SummerHaven SHPEI Index Fund 21.2 80 -55 8.6 +0.7
RNSC Small Cap US Equity Select ETF 20.7 60 -35 7.0 -0.9
VUSE Vident Core US Equity Fund 20.4 48 -23 8.7 +0.8
ISMD Inspire Small/Mid Cap Impact ETF 19.9 60 -35 4.8 -3.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 19.9 39 -14 4.5 -3.4
IWM iShares Russell 2000 ETF 19.5 19 6 3.3 -4.6
EZM WisdomTree U.S. MidCap Earnings Fund 19.5 38 -13 8.6 +0.7
RWK Invesco S&P MidCap 400 Revenue ETF 19.4 39 -14 7.9 +0.0
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 19.3 38 -13 8.3 +0.4
VTWO Vanguard Russell 2000 Index Fund 19.1 10 15 3.5 -4.4
SSLY Syntax Stratified SmallCap ETF 19.1 30 -5 6.4 -1.5
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 19.1 35 -10 5.8 -2.0
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 18.8 39 -14 6.4 -1.5
EWMC Invesco S&P MidCap 400 Equal Weight ETF 18.5 40 -15 7.2 -0.7
SCHA Schwab U.S. Small-Cap ETF 18.4 4 21 4.6 -3.2
VFVA Vanguard U.S. Value Factor ETF 18.3 14 11 10.8 +2.9
MDYV SPDR S&P 400 Mid Cap Value ETF 18.1 15 10 8.4 +0.5
IJJ iShares S&P Mid-Cap 400 Value ETF 18.1 25 0 8.2 +0.3
VBR Vanguard Small Cap Value Index Fund 18.0 7 18 7.9 +0.1
VAMO Cambria Value & Momentum ETF 17.7 63 -38 5.9 -2.0
VFMF Vanguard U.S. Multifactor ETF 16.9 19 6 7.2 -0.7
RFV Invesco S&P Midcap 400 Pure Value ETF 16.8 35 -10 9.2 +1.3
SMDY Syntax Stratified MidCap ETF 16.6 30 -5 6.6 -1.2
IVOV Vanguard S&P Mid-Cap 400 Value ETF 16.5 15 10 8.2 +0.3
FSMD Fidelity Small-Mid Factor ETF 15.7 29 -4 6.1 -1.8
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 15.6 20 5 9.1 +1.2
FAB First Trust Multi Cap Value AlphaDEX Fund 15.6 71 -46 9.5 +1.6
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 15.2 17 8 4.7 -3.2
PBSM Invesco PureBeta MSCI USA Small Cap ETF 15.2 6 19 5.0 -2.9
FNK First Trust Mid Cap Value AlphaDEX Fund 15.0 70 -45 10.7 +2.8
IJT iShares S&P Small-Cap 600 Growth ETF 14.9 25 0 5.4 -2.5
SLYG SPDR S&P 600 Small Cap Growth ETF 14.9 15 10 5.3 -2.6
XSVM Invesco S&P SmallCap Value with Momentum ETF 14.6 39 -14 9.0 +1.2
VFQY Vanguard U.S. Quality Factor ETF 14.6 13 12 6.3 -1.6
PXMV Invesco S&P MidCap Value with Momentum ETF 14.5 39 -14 9.4 +1.5
VIOG Vanguard S&P Small-Cap 600 Growth ETF 14.5 16 9 5.2 -2.7
BKSE BNY Mellon US Small Cap Core Equity ETF 14.4 4 21 5.6 -2.3
IWC iShares Micro-Cap ETF 13.8 60 -35 -3.8 -11.7
RZV Invesco S&P Smallcap 600 Pure Value ETF 13.6 35 -10 8.0 +0.1
AFMC First Trust Active Factor Mid Cap ETF 13.3 65 -40 6.2 -1.7
NUSC Nuveen ESG Small-Cap ETF 13.2 40 -15 4.7 -3.2
CALF Pacer US Small Cap Cash Cows 100 ETF 13.1 59 -34 8.8 +0.9
JHSC John Hancock Multifactor Small Cap ETF 13.0 42 -17 5.5 -2.4
BFOR Barron's 400 ETF 13.0 65 -40 6.3 -1.5
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 12.8 12 13 7.5 -0.4
JKJ iShares Morningstar Small-Cap ETF 12.6 25 0 6.3 -1.6
SPMD SPDR Portfolio Mid Cap ETF 12.4 5 20 6.4 -1.5
MDY SPDR S&P Midcap 400 ETF Trust 12.4 23 2 6.2 -1.6
IJH iShares Core S&P Mid-Cap ETF 12.4 5 20 6.4 -1.5
PQSG PGIM QMA Strategic Alpha Small-Cap Growth ETF 12.4 29 -4 0.2 -7.7
FNX First Trust Mid Cap Core AlphaDEX Fund 12.0 61 -36 6.3 -1.6
IVOO Vanguard S&P Mid-Cap 400 ETF 11.9 10 15 6.2 -1.7
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 11.7 35 -10 9.9 +2.1
XSHQ Invesco S&P SmallCap Quality ETF 11.5 29 -4 6.6 -1.3
VB Vanguard Small-Cap ETF 10.7 5 20 5.1 -2.7
RNMC Mid Cap US Equity Select ETF 10.7 60 -35 7.4 -0.5
PXSG Invesco S&P SmallCap Momentum ETF 10.6 39 -14 3.7 -4.2
KBE SPDR S&P Bank ETF 10.5 35 -10 10.7 +2.9
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 10.3 60 -35 7.8 -0.1
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 10.1 29 -4 9.2 +1.3
KRE SPDR S&P Regional Banking ETF 10.1 35 -10 10.4 +2.5
XRT SPDR S&P Retail ETF 9.8 35 -10 5.6 -2.3
FYC First Trust Small Cap Growth AlphaDEX Fund 9.8 70 -45 1.8 -6.1
DWAS Invesco DWA SmallCap Momentum ETF 9.3 60 -35 -2.0 -9.9
VFLQ Vanguard U.S. Liquidity Factor ETF 8.9 14 11 4.1 -3.8
QABA First Trust NASDAQ ABA Community Bank Index Fund 8.6 60 -35 10.3 +2.4
VXF Vanguard Extended Market Index Fund 8.6 6 19 3.4 -4.4
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 8.5 7 18 5.1 -2.8
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 8.5 25 0 6.1 -1.7

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 8.1 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 25 bp
Equals: ALTAR Score 7.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.56 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.