ERShares Entrepreneur 30
ALTAR
Score™
4.0% info Recommen-
dation
UNDERWEIGHT
2019E    2020E
P/E
ratio
27.4x P/Sales
ratio
4.4x
P/BV
ratio
4.3x Div.
yield
0.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The ERShares Entrepreneur 30 ETF tracks an index of 30 US stocks that meet entrepreneurial criteria as defined by the advisor.

FUND BASICS
Category US Equities
Fund Sponsor EntrepreneurShares, LLC
Website entrepreneurshares.com
Inception date Nov 08, 2017
Assets (mns) $76
Currency USD
Expense ratio 49 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 30
Wgt avg mkt cap (mns) $229,052
Large cap (>$10bn) 96.7%
Mid cap ($2-10bn) 3.3%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ALPHABET INC. CLASS A 9.6 %
AMAZON.COM INC 7.9 %
FACEBOOK 7.2 %
NVIDIA CORP 5.5 %
SALESFORCE.COM INC 4.7 %
NETFLIX INC 4.1 %
BLACKROCK INC 4.0 %
PROLOGIS INC 3.8 %
REGENERON PHARMACEUTICALS 3.4 %
INTERCONTINENTALEXCHANGE INC 3.4 %
Total 53.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.4 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
22.6% 10.7% -- -- 8.7%

Market Correlations
versus... Beta R-squared
S&P500 1.38 84%
MSCI EAFE 1.36 63%
MSCI Emg. Mkts. 1.03 55%

Technical Indicators
Recent close $17.70
30d moving avg. $17.20
Annualized volatility 22.2%
Short interest (ETF) 0.0%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.0%
Bid/Ask (% of price) 0.27%
ADV underlying (mns) $17,079

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the ERShares Entrepreneur 30 ETF based on the alternatives' overlap in portfolio holdings with ENTR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ENTR Expense: 49 bp ALTAR Score™: 4.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ENTR
Ticker Fund
Name
Overlap1
vs ENTR
(%)
Expense
ratio
(bp)
Savings
vs ENTR
(bp)
ALTAR
Score™
(%)
ALTAR
vs ENTR
(%)
FDN First Trust DJ Internet 36.8 52 -3 3.4 -0.6
OGIG O'Shares Global Internet Giants 27.7 48 1 1.6 -2.4
PNQI Invesco Nasdaq Internet 26.4 62 -13 2.9 -1.1
BOSS Global X Founder-Run Companies 25.6 45 4 3.7 -0.3
IGM iShares S&P N. American Technology 25.2 46 3 4.6 +0.6
AIQ Global X Future Analytics Tech 24.5 68 -19 4.7 +0.7
XNTK SPDR NYSE Technology 24.1 35 14 5.5 +1.5
IETC iShares Evolved U.S. Technology 24.0 18 31 4.8 +0.8
TTTN TigerShares China-U.S. Internet Titans 23.3 59 -10 4.0 0.0
XLC Communication Services Select Sector SPDR 22.9 13 36 6.4 +2.4
FCOM Fidelity MSCI Communication Services 21.8 8 41 5.2 +1.2
VOX Vanguard Communication Services 21.8 10 39 5.4 +1.4
IXP iShares S&P Global Comm. Services 21.4 46 3 6.3 +2.4
QYLD Global X NASDAQ 100 Covered Call ETF 21.4 60 -11 4.9 +0.9
QQQ Invesco QQQ 20.8 20 29 5.3 +1.3
FNG AdvisorShares New Tech & Media ETF 20.2 86 -37 1.9 -2.1
MGK Vanguard Mega Cap 300 Growth 20.0 7 42 5.0 +1.0
LRGE ClearBridge Large Cap Growth ESG 19.9 60 -11 4.3 +0.4
PLAT WisdomTree Modern Tech Platforms 19.9 45 4 2.9 -1.1
TMFC Motley Fool 100 Index 19.2 50 -1 4.4 +0.4

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

  2014 2015 2016 2017 2018 2019E 2020E
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
  2018 2019E 2020E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
ERShares Entrepreneur 30
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 17.1 %
Divided by: Fwd. P/BV 3.8 x
Less: Expense ratio 49 bp
Equals: ALTAR Score 4.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.35 CATEGORY
AVERAGE
1.55
 
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.