SPDR S&P 500 ESG ETF
ALTAR
Score™
5.1% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
24.8x P/Sales
ratio
2.7x
P/BV
ratio
3.7x Div.
yield
1.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
EFIV tracks a market-cap weighted index of S&P 500 stocks that are screened for sustainability criteria related to ESG factors.

FUND BASICS
Category US Equities
Fund Sponsor State Street
Website www.ssga.com
Inception date Jul 27, 2020
Assets (mns) $66
Currency USD
Expense ratio 10 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 297
Wgt avg mkt cap (mns) $583,614
Large cap (>$10bn) 98.6%
Mid cap ($2-10bn) 1.5%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 8.8 %
MICROSOFT CORP 7.5 %
AMAZON.COM INC 6.6 %
FACEBOOK 3.2 %
ALPHABET INC. CLASS A 2.2 %
ALPHABET INC. CLASS C 2.2 %
PROCTER & GAMBLE CO/THE 1.7 %
NVIDIA CORP 1.5 %
VISA INC-CLASS A SHARES 1.5 %
JPMORGAN CHASE & CO 1.4 %
Total 36.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.5 %
IRELAND 2.1 %
BRITAIN 1.1 %
SWITZERLAND 0.4 %







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.
-4.2% -- -- -- -4.2%

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

Technical Indicators
Recent close $31.18
30d moving avg. $31.78
Annualized volatility 0.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 81
Turnover 3.8%
Bid/Ask (% of price) 0.11%
ADV underlying (mns) $159,995

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the SPDR S&P 500 ESG ETF ETF based on the alternatives' overlap in portfolio holdings with EFIV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EFIV Expense: 10 bp ALTAR Score™: 5.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EFIV
Ticker Fund
Name
Overlap1
vs EFIV
(%)
Expense
ratio
(bp)
Savings
vs EFIV
(bp)
ALTAR
Score™
(%)
ALTAR
vs EFIV
(%)
SNPE Xtrackers S&P 500 ESG ETF 98.6 10 0 5.1 -0.0
IQSU IQ Candriam ESG US Equity ETF 79.4 9 1 5.1 -0.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 77.5 20 -10 4.9 -0.2
HSPX Global X S&P 500 Covered Call ETF 77.2 60 -50 4.9 -0.2
MGC Vanguard Mega Cap Index Fund 76.7 7 3 5.2 +0.1
BKLC BNY Mellon US Large Cap Core Equity ETF 76.6 0 10 5.1 +0.0
IWL iShares Russell Top 200 ETF 76.6 15 -5 4.9 -0.1
ESGV Vanguard ESG U.S. Stock ETF 76.2 12 -2 5.1 +0.0
XYLG Global X S&P 500 Covered Call & Growth ETF 74.9 60 -50 5.0 -0.1
PBP Invesco S&P 500 BuyWrite ETF 74.7 49 -39 4.9 -0.1
SPY SPDR S&P 500 ETF Trust 74.2 9 1 5.3 +0.3
SPLG SPDR Portfolio Large Cap ETF 74.2 3 7 5.4 +0.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 74.2 20 -10 5.3 +0.3
IVV iShares Core S&P 500 ETF 74.1 3 7 5.4 +0.3
SPXN ProShares S&P 500 Ex-Financials ETF 74.1 27 -17 4.9 -0.1
SPXV ProShares S&P 500 Ex-Health Care ETF 73.9 27 -17 5.0 -0.1
SPXE ProShares S&P 500 Ex-Energy ETF 73.8 27 -17 5.3 +0.2
OEF iShares S&P 100 ETF 73.8 20 -10 4.8 -0.3
VOO VANGUARD S&P 500 ETF 73.1 3 7 5.4 +0.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 71.5 7 3 5.2 +0.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 70.9 60 -50 4.1 -1.0
ESGU iShares MSCI USA ESG Optimized ETF 70.1 15 -5 5.1 -0.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 69.6 2 8 5.2 +0.2
SPXT ProShares S&P 500 Ex-Technology ETF 69.4 27 -17 5.6 +0.5
PBUS Invesco PureBeta MSCI USA ETF 69.0 4 6 5.2 +0.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 68.8 12 -2 4.7 -0.4
CATH Global X S&P 500 Catholic Values Custom ETF 68.7 29 -19 5.1 +0.1
VOOG Vanguard S&P 500 Growth ETF 68.5 10 0 4.3 -0.8
VV Vanguard Large-Cap Index Fund 68.2 4 6 5.2 +0.1
SPTM SPDR Portfolio Total Stock Market ETF 68.2 3 7 5.5 +0.4
ESG FlexShares STOXX US ESG Impact Index Fund 67.9 32 -22 5.1 +0.0
SPYG SPDR Portfolio S&P 500 Growth ETF 67.9 4 6 4.3 -0.7
IVW iShares S&P 500 Growth ETF 67.8 18 -8 17.3 +12.3
SCHX Schwab U.S. Large-Cap ETF 66.8 3 7 5.2 +0.1
IUSG iShares Core S&P US Growth ETF 66.8 4 6 4.4 -0.7
SCHK Schwab 1000 Index ETF 65.4 5 5 5.2 +0.1
IWB iShares Russell 1000 ETF 65.2 15 -5 5.1 0.0
IYY iShares Dow Jones U.S. ETF 64.7 20 -10 5.0 -0.0
EPS WisdomTree U.S. Earnings 500 Fund 63.9 8 2 6.5 +1.5
VONE Vanguard Russell 1000 ETF 63.8 8 2 5.1 +0.1
XLG Invesco S&P 500 Top 50 ETF 62.8 20 -10 4.5 -0.6
VTHR Vanguard Russell 3000 Index Fund 62.1 10 0 5.0 -0.1
IWV iShares Russell 3000 ETF 61.4 20 -10 4.9 -0.1
SCHB Schwab U.S. Broad Market ETF 61.3 3 7 5.1 +0.0
ITOT iShares Core S&P Total U.S. Stock Market ETF 61.0 3 7 5.1 -0.0
NACP Impact Shares NAACP Minority Empowerment ETF 60.5 75 -65 4.9 -0.2
IWF iShares Russell 1000 Growth ETF 60.0 19 -9 3.7 -1.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 59.7 9 1 5.6 +0.5
VONG Vanguard Russell 1000 Growth Index Fund 59.6 8 2 3.8 -1.2
VTI Vanguard Total Stock Market Index Fund 59.0 3 7 5.1 -0.0
SFY SoFi Select 500 ETF 58.9 0 10 5.1 +0.1
IWY iShares Russell Top 200 Growth ETF 58.8 20 -10 3.9 -1.2
WOMN Impact Shares YWCA Women's Empowerment ETF 58.5 75 -65 4.3 -0.8
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 58.4 49 -39 4.0 -1.0
DSI iShares MSCI KLD 400 Social ETF 58.4 25 -15 5.2 +0.1
VUG Vanguard Growth Index Fund 57.7 4 6 3.9 -1.2
JHML John Hancock Multifactor Large Cap ETF 56.8 29 -19 5.5 +0.5
QUS SPDR MSCI USA StrategicFactors ETF 56.4 15 -5 5.9 +0.9
DLN WisdomTree U.S. LargeCap Dividend Fund 56.2 28 -18 6.6 +1.6
FNDX Schwab Fundamental U.S. Large Co. Index ETF 55.3 25 -15 6.9 +1.8
MGK Vanguard Mega Cap Growth ETF 55.1 7 3 4.1 -1.0
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 55.0 15 -5 6.3 +1.3
SUSL iShares ESG MSCI USA Leaders ETF 54.9 10 0 5.4 +0.3
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 54.8 10 0 5.4 +0.3
RECS Columbia Research Enhanced Core ETF 54.6 15 -5 5.7 +0.6
DTD WisdomTree U.S.Total Dividend Fund 54.4 28 -18 6.9 +1.8
DIVB iShares U.S. Dividend & Buyback ETF 54.1 25 -15 7.0 +1.9
PRF Invesco FTSE RAFI US 1000 ETF 53.1 39 -29 6.9 +1.9
AVUS Avantis U.S. Equity ETF 52.4 15 -5 5.6 +0.5
FNDB Schwab Fundamental U.S. Broad Market Index ETF 52.4 25 -15 6.9 +1.8
IUS Invesco Strategic US ETF 51.8 19 -9 6.6 +1.5
ESGG FlexShares STOXX Global ESG Impact Index Fund 50.6 42 -32 5.3 +0.3
EXT WisdomTree U.S. Total Earnings Fund 50.6 28 -18 5.5 +0.5
KOKU Xtrackers MSCI Kokusai Equity ETF 50.0 9 1 5.8 +0.7
KRMA Global X Conscious Companies ETF 49.9 43 -33 5.2 +0.1
TOK iShares MSCI Kokusai ETF 49.8 25 -15 5.7 +0.6
USXF iShares ESG Advanced MSCI USA ETF 49.7 10 0 5.0 -0.1
SCHV Schwab U.S. Large-Cap Value ETF 49.6 4 6 7.0 +1.9
SCHG Schwab U.S. Large-Cap Growth ETF 49.4 4 6 3.5 -1.6
TMFC Motley Fool 100 Index ETF 49.4 50 -40 3.4 -1.7
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 49.0 25 -15 6.3 +1.3
VEGN US Vegan Climate ETF 48.7 60 -50 5.1 +0.1
AFLG First Trust Active Factor Large Cap ETF 48.5 55 -45 5.5 +0.4
DGRO iShares Core Dividend Growth ETF 48.2 8 2 6.9 +1.8
VOOV Vanguard S&P 500 Value ETF 48.0 10 0 7.5 +2.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 47.9 29 -19 6.0 +1.0
DYNF BlackRock U.S. Equity Factor Rotation ETF 47.8 30 -20 6.7 +1.7
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 47.5 19 -9 6.1 +1.0
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 47.4 12 -2 4.8 -0.2
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 47.3 21 -11 3.1 -2.0
FVAL Fidelity Value Factor ETF 47.1 29 -19 7.9 +2.8
IETC iShares Evolved U.S. Technology ETF 47.1 18 -8 3.8 -1.3
SPYV SPDR Portfolio S&P 500 Value ETF 46.9 4 6 7.5 +2.5
HIPR Direxion High Growth ETF 46.9 40 -30 4.6 -0.5
IVE iShares S&P 500 Value ETF 46.9 18 -8 7.4 +2.3
FQAL Fidelity Quality Factor ETF 46.9 29 -19 5.5 +0.4
RWL Invesco S&P 500 Revenue ETF 46.5 39 -29 7.4 +2.3
VONV Vanguard Russell 1000 Value Index Fund 46.5 8 2 7.2 +2.1
IWD iShares Russell 1000 Value ETF 46.4 19 -9 7.1 +2.0
URTH iShares MSCI World ETF 46.2 24 -14 5.7 +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
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:
SPDR S&P 500 ESG 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™


Calculation of ALTAR Score™
Avg. Return on Equity 17.2 %
Divided by: Fwd. P/BV 3.3 x
Less: Expense ratio 10 bp
Equals: ALTAR Score 5.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.41 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.