Core Alternative ETF
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- Description
- Performance
- Comps
Fundamentals
Valuation
Rating
CCOR is an actively managed ETF that seeks capital appreciation and preservation with low correlation to the broad US equity market. The fund primarily holds dividend-paying large-cap stocks with an option collar overlay. |
Category | US Equities |
Fund Sponsor | Core Alternative Capital |
Website | corealtfunds.com |
Inception date | May 23, 2017 |
Assets (mns) | $150 |
Currency | USD |
Expense ratio | 109 bp |
Distributions | Quarterly |
Regulation | Open-Ended Fund |
Custodian | |
Weighting | Proprietary |
Index replication | |
Uses derivatives | Yes |
Options available | No |
No. of constituents | 46 |
Wgt avg mkt cap (mns) | $276,833 |
Large cap (>$10bn) | 100.0% |
Mid cap ($2-10bn) | 0.0% |
Small cap (<$2bn) | 0.0% |
Developed mkts | 100.0% |
Emerging mkts | 0.0% |
JPMORGAN CHASE & CO | 3.0 % |
APPLE INC | 3.0 % |
MORGAN STANLEY | 3.0 % |
ELI LILLY & CO | 2.9 % |
ALPHABET INC. CLASS A | 2.8 % |
MICROSOFT CORP | 2.6 % |
NORFOLK SOUTHERN CORP | 2.6 % |
NEXTERA ENERGY GROUP | 2.6 % |
JOHNSON & JOHNSON | 2.6 % |
WAL-MART STORES INC | 2.5 % | Total | 27.7 % |
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UNITED STATES | 94.9 % |
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IRELAND | 2.5 % |
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BRITAIN | 1.8 % |
HISTORICAL PERFORMANCE 

Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
4.0% | 4.0% | -- | -- | 5.0% |
versus... | Beta | R-squared |
S&P500 | -0.03 | 1% |
MSCI EAFE | -0.01 | 0% |
MSCI Emg. Mkts. | -0.06 | 4% |
Recent close | $28.03 |
30d moving avg. | $28.47 |
Annualized volatility | 6.0% |
Short interest (ETF) | 0.4% |
Relative strength (RSI) | 46 |
Avg. volume (thou.) | 32 |
Turnover | 0.6% |
Bid/Ask (% of price) | 0.38% |
ADV underlying (mns) | $49,435 |
FINDING ALTERNATIVE FUNDS
Below is a list of 97 potential alternatives to the Core Alternative ETF ETF based on the alternatives' overlap in portfolio holdings with CCOR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | CCOR | Expense: | 109 bp | ALTAR Score™: | 4.2% |
Ticker | Fund Name |
Overlap1 vs CCOR (%) |
Expense ratio (bp) |
Savings vs CCOR (bp) |
ALTAR Score™ (%) |
ALTAR vs CCOR (%) |
OUSA | O'Shares FTSE US Quality Dividend ETF | 40.2 | 48 | 61 | 5.5 | +1.3 |
MGV | Vanguard Mega Cap Value ETF | 38.0 | 7 | 102 | 6.5 | +2.2 |
DGRO | iShares Core Dividend Growth ETF | 36.2 | 8 | 101 | 6.0 | +1.8 |
USMC | Principal U.S. Mega-Cap Multi-Factor Index ETF | 34.9 | 12 | 97 | 4.9 | +0.7 |
VYM | Vanguard High Dividend Yield Index ETF | 34.2 | 6 | 103 | 6.7 | +2.4 |
DLN | WisdomTree U.S. LargeCap Dividend Fund | 34.1 | 28 | 81 | 6.2 | +1.9 |
PFM | Invesco Dividend Achievers ETF | 32.6 | 53 | 56 | 5.0 | +0.8 |
VTV | Vanguard Value Index Fund | 32.1 | 4 | 105 | 6.6 | +2.3 |
JKF | iShares Morningstar Large Cap Value ETF | 31.8 | 25 | 84 | 6.6 | +2.4 |
DIVB | iShares U.S. Dividend & Buyback ETF | 31.7 | 25 | 84 | 5.9 | +1.7 |
DTD | WisdomTree U.S.Total Dividend Fund | 31.7 | 28 | 81 | 6.3 | +2.0 |
XLG | Invesco S&P 500 Top 50 ETF | 31.6 | 20 | 89 | 4.1 | -0.2 |
ACIO | Aptus Collared Income Opportunity ETF | 31.5 | 79 | 30 | 3.8 | -0.4 |
EDOW | First Trust Dow 30 Equal Weight ETF | 30.5 | 50 | 59 | 5.1 | +0.9 |
FMK | First Trust Mega Cap AlphaDEX Fund | 30.5 | 70 | 39 | 5.0 | +0.8 |
SPQQ | Siren Large Cap Blend Index ETF | 30.5 | 20 | 89 | 4.2 | -0.0 |
FDLO | Fidelity Low Volatility Factor ETF | 30.3 | 29 | 80 | 4.9 | +0.7 |
DGRW | WisdomTree U.S. Quality Dividend Growth Fund | 30.0 | 28 | 81 | 6.0 | +1.8 |
QUS | SPDR MSCI USA StrategicFactors ETF | 29.9 | 15 | 94 | 5.3 | +1.0 |
OEF | iShares S&P 100 ETF | 29.9 | 20 | 89 | 4.2 | -0.0 |
IWX | iShares Russell Top 200 Value ETF | 29.4 | 20 | 89 | 6.1 | +1.8 |
DIA | SPDR Dow Jones Industrial Average ETF Trust | 29.1 | 16 | 93 | 5.0 | +0.7 |
HDV | iShares Core High Dividend ETF | 29.1 | 8 | 101 | 6.4 | +2.1 |
QDEF | FlexShares Quality Dividend Defensive Index Fund | 29.0 | 37 | 72 | 5.5 | +1.3 |
VIG | Vanguard Dividend Appreciation Index Fund | 28.8 | 6 | 103 | 5.0 | +0.8 |
EPS | WisdomTree U.S. Earnings 500 Fund | 28.8 | 8 | 101 | 5.9 | +1.7 |
QDF | FlexShares Quality Dividend Index Fund | 28.6 | 37 | 72 | 5.5 | +1.2 |
NACP | Impact Shares NAACP Minority Empowerment ETF | 28.6 | 49 | 60 | 4.7 | +0.4 |
FDRR | Fidelity Dividend ETF for Rising Rates | 28.3 | 29 | 80 | 6.0 | +1.7 |
VOOV | Vanguard S&P 500 Value ETF | 28.3 | 10 | 99 | 6.6 | +2.4 |
EQWL | Invesco Russell Top 200 Equal Weight ETF | 28.3 | 25 | 84 | 5.6 | +1.4 |
FLLV | Franklin Liberty U.S. Low Volatility ETF | 28.2 | 29 | 80 | 4.9 | +0.7 |
FTCS | First Trust Capital Strength ETF | 27.9 | 58 | 51 | 5.1 | +0.8 |
FQAL | Fidelity Quality Factor ETF | 27.2 | 29 | 80 | 5.0 | +0.7 |
MGC | Vanguard Mega Cap Index Fund | 27.1 | 7 | 102 | 4.6 | +0.3 |
IWL | iShares Russell Top 200 ETF | 27.0 | 15 | 94 | 4.4 | +0.2 |
DIVO | Amplify YieldShares CWP Dividend & Option Income ETF | 26.9 | 49 | 60 | 4.1 | -0.1 |
USMV | iShares Edge MSCI Min Vol USA ETF | 26.8 | 15 | 94 | 5.3 | +1.1 |
SPMV | Invesco S&P 500 Minimum Variance ETF | 26.5 | 10 | 99 | 5.5 | +1.2 |
BKLC | BNY Mellon US Large Cap Core Equity ETF | 26.4 | 0 | 109 | 4.5 | +0.2 |
FLRG | Fidelity U.S. Multifactor ETF | 26.2 | 29 | 80 | 5.9 | +1.6 |
XOUT | GraniteShares XOUT U.S. Large Cap ETF | 26.1 | 60 | 49 | 3.6 | -0.7 |
DJD | Invesco Dow Jones Industrial Average Dividend ETF | 26.1 | 7 | 102 | 6.4 | +2.1 |
IOO | iShares Global 100 ETF | 26.0 | 40 | 69 | 4.2 | -0.0 |
ESG | FlexShares STOXX US ESG Impact Index Fund | 26.0 | 32 | 77 | 4.5 | +0.2 |
FDVV | Fidelity Core Dividend ETF | 25.9 | 29 | 80 | 6.1 | +1.8 |
ADME | Aptus Drawdown Managed Equity ETF | 25.7 | 79 | 30 | 3.1 | -1.2 |
SCHV | Schwab U.S. Large-Cap Value ETF | 25.7 | 4 | 105 | 6.1 | +1.8 |
VSDA | VictoryShares Dividend Accelerator ETF | 25.6 | 35 | 74 | 4.7 | +0.4 |
RAFE | PIMCO RAFI ESG U.S. ETF | 25.5 | 30 | 79 | 6.7 | +2.5 |
JCTR | JPMorgan Carbon Transition U.S. Equity ETF | 25.4 | 15 | 94 | 4.7 | +0.4 |
KNG | Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF | 25.3 | 75 | 34 | 5.3 | +1.0 |
SPHQ | Invesco S&P 500 Quality ETF | 25.3 | 15 | 94 | 4.4 | +0.2 |
NOBL | ProShares S&P 500 Dividend Aristocrats ETF | 25.3 | 35 | 74 | 5.7 | +1.5 |
DSTL | Distillate US Fundamental Stability & Value ETF | 25.2 | 39 | 70 | 5.7 | +1.4 |
QARP | Xtrackers Russell 1000 US Quality at a Reasonable Price ETF | 25.2 | 19 | 90 | 5.3 | +1.0 |
PWV | Invesco Dynamic Large Cap Value ETF | 24.9 | 56 | 53 | 6.9 | +2.6 |
QLV | FlexShares US Quality Low Volatility Index Fund | 24.9 | 22 | 87 | 4.3 | +0.1 |
EFIV | SPDR S&P 500 ESG ETF | 24.7 | 10 | 99 | 4.6 | +0.3 |
SNPE | Xtrackers S&P 500 ESG ETF | 24.6 | 10 | 99 | 4.6 | +0.3 |
FNDX | Schwab Fundamental U.S. Large Co. Index ETF | 24.5 | 25 | 84 | 5.8 | +1.5 |
JUST | Goldman Sachs JUST U.S. Large Cap Equity ETF | 24.3 | 20 | 89 | 4.6 | +0.3 |
FVAL | Fidelity Value Factor ETF | 24.3 | 29 | 80 | 6.8 | +2.6 |
HDIV | QRAFT AI-Enhanced U.S. High Dividend ETF | 24.3 | 75 | 34 | 5.3 | +1.1 |
SPYV | SPDR Portfolio S&P 500 Value ETF | 24.2 | 4 | 105 | 6.4 | +2.2 |
IVE | iShares S&P 500 Value ETF | 24.2 | 18 | 91 | 6.3 | +2.0 |
PBP | Invesco S&P 500 BuyWrite ETF | 24.1 | 49 | 60 | 4.3 | +0.1 |
VSMV | VictoryShares US Multi-Factor Minimum Volatility ETF | 24.1 | 35 | 74 | 6.6 | +2.4 |
ESGV | Vanguard ESG U.S. Stock ETF | 23.9 | 12 | 97 | 4.5 | +0.2 |
XYLG | Global X S&P 500 Covered Call & Growth ETF | 23.8 | 60 | 49 | 4.4 | +0.2 |
SPXN | ProShares S&P 500 Ex-Financials ETF | 23.8 | 27 | 82 | 4.4 | +0.1 |
PRF | Invesco FTSE RAFI US 1000 ETF | 23.7 | 39 | 70 | 5.8 | +1.5 |
SPY | SPDR S&P 500 ETF Trust | 23.5 | 9 | 100 | 4.7 | +0.4 |
YLDE | ClearBridge Dividend Strategy ESG ETF | 23.5 | 60 | 49 | 4.5 | +0.2 |
IVV | iShares Core S&P 500 ETF | 23.5 | 3 | 106 | 4.7 | +0.5 |
SPLG | SPDR Portfolio Large Cap ETF | 23.4 | 3 | 106 | 4.7 | +0.5 |
SPUS | SP Funds S&P 500 Sharia Industry Exclusions ETF | 23.4 | 49 | 60 | 3.4 | -0.8 |
QUAL | iShares MSCI Usa Quality Factor ETF | 23.4 | 15 | 94 | 5.0 | +0.7 |
WOMN | Impact Shares YWCA Women's Empowerment ETF | 23.2 | 75 | 34 | 3.5 | -0.8 |
VOO | VANGUARD S&P 500 ETF | 23.2 | 3 | 106 | 4.8 | +0.6 |
GSUS | Goldman Sachs MarketBeta U.S. Equity ETF | 23.1 | 7 | 102 | 4.5 | +0.3 |
HUSV | First Trust Horizon Managed Volatility Domestic ETF | 23.1 | 70 | 39 | 4.8 | +0.6 |
SPYX | SPDR S&P 500 Fossil Fuel Reserves Free ETF | 23.0 | 20 | 89 | 4.8 | +0.5 |
RWL | Invesco S&P 500 Revenue ETF | 23.0 | 39 | 70 | 6.2 | +2.0 |
IQSU | IQ Candriam ESG US Equity ETF | 23.0 | 9 | 100 | 4.5 | +0.3 |
QDYN | FlexShares Quality Dividend Dynamic Index Fund | 22.9 | 37 | 72 | 5.3 | +1.0 |
VV | Vanguard Large-Cap Index Fund | 22.8 | 4 | 105 | 4.6 | +0.3 |
JQUA | JPMorgan U.S. Quality Factor ETF | 22.8 | 12 | 97 | 5.1 | +0.8 |
SPXE | ProShares S&P 500 Ex-Energy ETF | 22.8 | 27 | 82 | 4.6 | +0.4 |
IUS | Invesco Strategic US ETF | 22.8 | 19 | 90 | 5.5 | +1.2 |
JKD | iShares Morningstar Large-Cap ETF | 22.7 | 20 | 89 | 4.7 | +0.5 |
ESGU | iShares MSCI USA ESG Optimized ETF | 22.7 | 15 | 94 | 4.4 | +0.2 |
FNDB | Schwab Fundamental U.S. Broad Market Index ETF | 22.6 | 25 | 84 | 5.7 | +1.4 |
PBUS | Invesco PureBeta MSCI USA ETF | 22.6 | 4 | 105 | 4.6 | +0.3 |
IUSV | iShares Core S&P U.S. Value ETF | 22.6 | 4 | 105 | 6.4 | +2.2 |
KVLE | KFA Value Liner Dynamic Core Equity Index ETF | 22.6 | 56 | 53 | 5.7 | +1.4 |
SPXT | ProShares S&P 500 Ex-Technology ETF | 22.5 | 27 | 82 | 4.9 | +0.6 |
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 | |
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Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share ![]() |
** | ** | ** | ** | ** | ** | ** |
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 |
*Six months ago = 100 |
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VALUATION METRICS
2019 | 2020E | 2021E | |
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Price-to-sales | ** | ** | ** |
Price-to-earnings | ** | ** | ** |
Price-to-cash flow | ** | ** | ** |
Price-to-growth | ** | ** | ** |
Price-to-book value | ** | ** | ** |
Yield | ** | ** | ** |
Historical valuation trends
Forward multiple: |
Core Alternative 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™
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MODERN PORTFOLIO THEORY
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CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
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