Columbia Sustainable U.S. Equity Income ETF
ALTAR
Score™
9.2% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
11.2x P/Sales
ratio
0.8x
P/BV
ratio
1.7x Div.
yield
3.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Columbia Sustainable U.S. Equity Income ETF tracks an index composed of 100 U.S. equities (excluding REITs) that exhibit a minimum ESG rating (as determined by MSCI) and dividend characteristics.

FUND BASICS
Category US Equities
Fund Sponsor Columbia
Website www.columbiathreadneedleetf.com
Inception date Jun 13, 2016
Assets (mns) $5
Currency USD
Expense ratio 35 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 101
Wgt avg mkt cap (mns) $47,554
Large cap (>$10bn) 74.8%
Mid cap ($2-10bn) 25.2%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
HP INC. 1.6 %
INGREDION INC 1.6 %
EDISON INTERNATIONAL 1.6 %
MOLSON COORS BREWING CO -B 1.6 %
GILEAD SCIENCES INC 1.6 %
INTERPUBLIC GROUP OF COS INC 1.5 %
BEST BUY CO INC 1.5 %
AES CORP 1.5 %
ABBVIE INC 1.5 %
CARDINAL HEALTH INC 1.4 %
Total 15.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.0 %
IRELAND 1.2 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-3.7% 14.6% -- -- 12.8%

Market Correlations
versus... Beta R-squared
S&P500 1.15 86%
MSCI EAFE 1.13 68%
MSCI Emg. Mkts. 0.74 51%

Technical Indicators
Recent close $26.95
30d moving avg. $30.32
Annualized volatility 15.1%
Short interest (ETF) 3.9%
Relative strength (RSI) 33

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.5%
Bid/Ask (% of price) 0.63%
ADV underlying (mns) $36,183

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Columbia Sustainable U.S. Equity Income ETF ETF based on the alternatives' overlap in portfolio holdings with ESGS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ESGS Expense: 35 bp ALTAR Score™: 9.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ESGS
Ticker Fund
Name
Overlap1
vs ESGS
(%)
Expense
ratio
(bp)
Savings
vs ESGS
(bp)
ALTAR
Score™
(%)
ALTAR
vs ESGS
(%)
ESGW Columbia Sustainable Global Equity Income ETF 64.1 40 -5 9.8 +0.6
FLAG FLAG-Forensic Accounting Long Short ETF 33.5 152 -117 8.7 -0.5
PY Principal Shareholder Yield Index ETF 32.4 29 6 8.6 -0.6
CDC Victory CEMP US EQ Income Enhanced Volatility Wtd Index ETF 31.8 35 0 8.8 -0.4
CDL Victory CEMP US Large Cap High Dividend Volatility Wtd Idx E 31.7 35 0 8.8 -0.4
FTA First Trust Large Cap Value AlphaDEX Fund 28.8 60 -25 9.2 +0.1
ONEY SPDR Russell 1000 Yield Focus ETF 28.7 20 15 8.9 -0.3
JKI iShares Morningstar Mid-Cap Value ETF 28.0 30 5 8.9 -0.2
RPV Invesco S&P 500 Pure Value ETF 27.0 35 0 12.1 +2.9
USDY Pacific Global US Equity Income ETF 26.7 29 6 8.1 -1.0
ESGL Invesco ESG Revenue ETF 26.3 40 -5 7.3 -1.9
SPYD SPDR S&P 500 High Dividend ETF 25.6 7 28 10.0 +0.9
SPYB SPDR S&P 500 Buyback ETF 25.0 35 0 8.7 -0.4
SPDV AAM S&P 500 High Dividend Value ETF 24.5 29 6 10.8 +1.7
QSY WisdomTree U.S. LargeCap Value Fund 24.4 38 -3 7.5 -1.7
DTN WisdomTree U.S. Dividend ex-Financials Fund 23.8 38 -3 8.3 -0.9
KRMA Global X Conscious Companies ETF 23.2 43 -8 6.1 -3.1
JVAL JPMorgan U.S. Value Factor ETF 22.9 12 23 9.1 -0.1
FLQL Franklin LibertyQ U.S. Equity ETF 22.6 15 20 6.9 -2.3
SPVU Invesco S&P 500 Enhanced Value ETF 22.5 13 22 11.6 +2.4

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%.

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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:
Columbia Sustainable U.S. Equity Income 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 15.9 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 9.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.67 CATEGORY
AVERAGE
1.56
 
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.