VictoryShares US Large Cap High Dividend Volatility Wtd Idx ETF
ALTAR
Score™
8.2% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
17.4x P/Sales
ratio
1.3x
P/BV
ratio
1.6x Div.
yield
4.2%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The VictoryShares US Large Cap High Div Volatility Wtd ETF tracks the performance of the Compass EMP US Large Cap High Dividend 100 Volatility Weighted Index by investing in large dividend-paying US common stocks.

FUND BASICS
Category US Equities
Fund Sponsor Victory Capital Management
Website www.compassempfunds.com
Inception date Jul 08, 2015
Assets (mns) $208
Currency USD
Expense ratio 35 bp
Distributions Monthly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Volatility
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 99
Wgt avg mkt cap (mns) $45,181
Large cap (>$10bn) 74.1%
Mid cap ($2-10bn) 25.9%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
VERIZON COMMUNICATIONS INC 1.8 %
GENERAL MILLS INC 1.7 %
DUKE ENERGY CORP 1.7 %
CAMPBELL SOUP CO 1.6 %
PUBLIC SERVICE ENTERPRISE GP 1.6 %
AMERICAN ELECTRIC POWER 1.6 %
WATSCO INC 1.6 %
CONSOLIDATED EDISON INC 1.5 %
DTE ENERGY COMPANY 1.5 %
ENTERGY CORP 1.5 %
Total 16.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.9 %
IRELAND 2.0 %
BRITAIN 0.7 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-20.3% -6.9% -- -- 5.8%

Market Correlations
versus... Beta R-squared
S&P500 1.03 90%
MSCI EAFE 1.08 85%
MSCI Emg. Mkts. 0.80 70%

Technical Indicators
Recent close $41.55
30d moving avg. $38.12
Annualized volatility 18.4%
Short interest (ETF) 0.0%
Relative strength (RSI) 63

Liquidity measures
Avg. volume (thou.) 20
Turnover 0.4%
Bid/Ask (% of price) 0.20%
ADV underlying (mns) $32,939

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the VictoryShares US Large Cap High Dividend Volatility Wtd Idx ETF ETF based on the alternatives' overlap in portfolio holdings with CDL. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: CDL Expense: 35 bp ALTAR Score™: 8.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH CDL
Ticker Fund
Name
Overlap1
vs CDL
(%)
Expense
ratio
(bp)
Savings
vs CDL
(bp)
ALTAR
Score™
(%)
ALTAR
vs CDL
(%)
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 75.5 35 0 8.3 +0.1
DTN WisdomTree U.S. Dividend ex-Financials Fund 42.1 38 -3 7.7 -0.5
DVY iShares Select Dividend ETF 41.8 39 -4 7.9 -0.4
LVHD Legg Mason Low Volatility High Dividend ETF 39.3 27 8 8.4 +0.2
TPHD Timothy Plan High Dividend Stock ETF 38.3 52 -17 7.0 -1.2
USDY Pacific Global US Equity Income ETF 36.2 29 6 7.6 -0.7
JDIV JPMorgan U.S. Dividend ETF 34.2 12 23 7.8 -0.5
ESGS Columbia Sustainable U.S. Equity Income ETF 33.6 35 0 8.7 +0.5
DHS WisdomTree U.S. High Dividend Fund 32.7 38 -3 8.3 +0.0
VYM Vanguard High Dividend Yield Index ETF 32.2 6 29 7.1 -1.1
SPYD SPDR S&P 500 High Dividend ETF 32.0 7 28 10.0 +1.8
FTA First Trust Large Cap Value AlphaDEX Fund 31.1 60 -25 8.8 +0.5
SPVM Invesco S&P 500 Value with Momentum ETF 31.0 39 -4 9.0 +0.8
SDOG ALPS Sector Dividend Dogs ETF 29.1 40 -5 9.8 +1.6
RNDV US Equity Dividend Select ETF 29.1 50 -15 7.5 -0.7
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 29.0 30 5 9.2 +0.9
QDIV Global X S&P 500 Quality Dividend ETF 29.0 20 15 8.1 -0.1
JKF iShares Morningstar Large Cap Value ETF 28.7 25 10 7.5 -0.7
SCHV Schwab U.S. Large-Cap Value ETF 28.1 4 31 7.0 -1.3
JVAL JPMorgan U.S. Value Factor ETF 27.7 12 23 8.6 +0.4
VTV Vanguard Value Index Fund 27.7 4 31 7.2 -1.1
ONEY SPDR Russell 1000 Yield Focus ETF 27.5 20 15 8.1 -0.1
PEY Invesco High Yield Equity Dividend Achievers ETF 27.2 53 -18 8.4 +0.1
JKI iShares Morningstar Mid-Cap Value ETF 27.0 30 5 9.2 +1.0
FDRR Fidelity Dividend ETF for Rising Rates 26.8 29 6 6.9 -1.3
DLN WisdomTree U.S. LargeCap Dividend Fund 26.5 28 7 6.3 -2.0
MGV Vanguard Mega Cap Value ETF 26.5 7 28 7.0 -1.2
DEW WisdomTree Global High Dividend Fund 26.3 58 -23 9.0 +0.8
SPDV AAM S&P 500 High Dividend Value ETF 26.2 29 6 10.5 +2.3
HDV iShares Core High Dividend ETF 26.1 8 27 6.4 -1.8
DTD WisdomTree U.S.Total Dividend Fund 26.0 28 7 6.5 -1.7
VALQ American Century STOXX U.S. Quality Value ETF 25.8 29 6 8.7 +0.5
RAFE PIMCO RAFI ESG U.S. ETF 25.1 29 6 7.6 -0.7
MAGA Point Bridge GOP Stock Tracker ETF 24.8 72 -37 6.3 -1.9
FDL First Trust Morningstar Dividend Leaders Index Fund 24.7 45 -10 8.0 -0.3
RPV Invesco S&P 500 Pure Value ETF 24.6 35 0 10.9 +2.6
SPYV SPDR Portfolio S&P 500 Value ETF 24.5 4 31 7.2 -1.0
IVE iShares S&P 500 Value ETF 24.5 18 17 7.1 -1.2
VOOV Vanguard S&P 500 Value ETF 24.3 15 20 7.1 -1.2
QDF FlexShares Quality Dividend Index Fund 24.2 37 -2 6.8 -1.5
EQWL Invesco Russell Top 200 Equal Weight ETF 23.9 25 10 5.9 -2.3
NULV Nuveen ESG Large-Cap Value ETF 23.8 35 0 7.3 -0.9
LSLT Salt Low truBeta US Market ETF 23.7 0 35 7.0 -1.2
FLQL Franklin LibertyQ U.S. Equity ETF 23.7 15 20 6.2 -2.0
IUSV iShares Core S&P U.S. Value ETF 23.6 4 31 7.3 -1.0
DIVB iShares U.S. Dividend & Buyback ETF 23.1 25 10 6.4 -1.9
SCHD Schwab U.S. Dividend Equity ETF 23.0 6 29 7.3 -1.0
QDYN FlexShares Quality Dividend Dynamic Index Fund 23.0 37 -2 6.7 -1.5
ROUS Hartford Multifactor US Equity ETF 22.9 19 16 7.1 -1.2
FVAL Fidelity Value Factor ETF 22.8 29 6 8.0 -0.2
FNDX Schwab Fundamental U.S. Large Co. Index ETF 22.7 25 10 6.4 -1.8
PY Principal Shareholder Yield Index ETF 22.6 29 6 9.0 +0.8
DURA VanEck Vectors Morningstar Durable Dividend ETF 22.6 29 6 6.8 -1.4
CLRG IQ Chaikin U.S. Large Cap ETF 22.5 25 10 6.0 -2.2
REVS Columbia Research Enhanced Value ETF 22.5 19 16 7.4 -0.8
PRF Invesco FTSE RAFI US 1000 ETF 22.3 39 -4 6.7 -1.6
DGRO iShares Core Dividend Growth ETF 22.0 8 27 6.4 -1.8
FDVV Fidelity Core Dividend ETF 21.7 29 6 7.2 -1.1
OUSA O'Shares FTSE US Quality Dividend ETF 21.6 48 -13 5.6 -2.6
VLU SPDR S&P 1500 Value Tilt ETF 21.3 12 23 7.0 -1.2
FNDB Schwab Fundamental U.S. Broad Market Index ETF 21.3 25 10 6.4 -1.8
SPYB SPDR S&P 500 Buyback ETF 20.9 35 0 9.5 +1.3
VFVA Vanguard U.S. Value Factor ETF 20.7 13 22 11.4 +3.1
VOE Vanguard Mid-Cap Value Index Fund 20.6 7 28 7.7 -0.5
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 20.6 75 -40 6.0 -2.2
FVD First Trust Value Line Dividend Index Fund 20.3 70 -35 6.0 -2.2
SPVU Invesco S&P 500 Enhanced Value ETF 20.3 13 22 10.6 +2.4
EPS WisdomTree U.S. Earnings 500 Fund 20.1 8 27 6.4 -1.8
SPLV Invesco S&P 500 Low Volatility ETF 20.1 25 10 5.6 -2.6
PWV Invesco Dynamic Large Cap Value ETF 20.1 55 -20 8.1 -0.2
QDEF FlexShares Quality Dividend Defensive Index Fund 20.0 37 -2 6.2 -2.0
IWD iShares Russell 1000 Value ETF 19.9 19 16 6.9 -1.3
JMIN JPMorgan U.S. Minimum Volatility ETF 19.8 12 23 5.7 -2.5
VONV Vanguard Russell 1000 Value Index Fund 19.6 8 27 7.0 -1.2
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 19.6 15 20 6.3 -2.0
RNLC Large Cap US Equity Select ETF 19.5 60 -25 6.1 -2.2
IWX iShares Russell Top 200 Value ETF 19.5 20 15 6.9 -1.4
SPHB Invesco S&P 500 High Beta ETF 19.5 25 10 9.6 +1.4
LVHB Innovator Lunt Low Vol/High Beta Tactical ETF 19.5 49 -14 9.4 +1.1
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 19.4 17 18 6.8 -1.5
FEX First Trust Large Cap Core AlphaDEX Fund 19.4 60 -25 5.9 -2.3
RWL Invesco S&P 500 Revenue ETF 19.1 39 -4 6.7 -1.5
FAB First Trust Multi Cap Value AlphaDEX Fund 18.9 71 -36 9.1 +0.9
JPUS JPMorgan Diversified Return U.S. Equity ETF 18.9 19 16 6.1 -2.1
CFA VictoryShares US 500 Volatility Weighted Index ETF 18.8 35 0 5.7 -2.5
RDIV Invesco S&P Ultra Dividend Revenue ETF 18.8 39 -4 10.4 +2.2
VLUE iShares Edge MSCI USA Value Factor ETF 18.6 15 20 10.8 +2.6
SLT Salt TruBeta High Exposure ETF 18.6 29 6 6.4 -1.8
AFLG First Trust Active Factor Large Cap ETF 18.5 55 -20 5.5 -2.7
IUS Invesco Strategic US ETF 18.3 19 16 6.1 -2.1
GBDV Global Beta Smart Income ETF 18.1 29 6 11.6 +3.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 18.0 29 6 6.1 -2.2
QSY WisdomTree U.S. LargeCap Value Fund 17.7 38 -3 6.6 -1.6
AUSF Global X Adaptive U.S. Factor ETF 17.7 27 8 7.9 -0.3
RSP Invesco S&P 500 Equal Weight ETF 17.6 20 15 6.7 -1.6
RECS Columbia Research Enhanced Core ETF 17.5 15 20 5.6 -2.6
SDY SPDR S&P Dividend ETF 17.4 35 0 6.8 -1.4
DYNF BlackRock U.S. Equity Factor Rotation ETF 17.4 30 5 6.6 -1.6
DON WisdomTree U.S. MidCap Dividend Fund 17.2 38 -3 7.4 -0.8

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:
VictoryShares US Large Cap High Dividend Volatility Wtd Idx 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 13.1 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 8.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.65 CATEGORY
AVERAGE
1.53
 
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.