American Century Focused Large Cap Value ETF
ALTAR
Score™
5.8% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
20.9x P/Sales
ratio
2.6x
P/BV
ratio
2.2x Div.
yield
2.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
FLV is actively managed to invest in a narrow selection of US large-cap value companies.

FUND BASICS
Category US Equities
Fund Sponsor American Century Investments
Website ipro.americancentury.com
Inception date Mar 31, 2020
Assets (mns) $93
Currency USD
Expense ratio 42 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 41
Wgt avg mkt cap (mns) $151,393
Large cap (>$10bn) 92.9%
Mid cap ($2-10bn) 7.1%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
JOHNSON & JOHNSON 5.2 %
MEDTRONIC PLC 5.1 %
BERKSHIRE HATHAWAY INC-CL B 4.3 %
PROCTER & GAMBLE CO/THE 4.1 %
HOLOGIC INC 4.0 %
ZIMMER HOLDINGS INC 3.9 %
CHUBB LIMITED 3.8 %
TE CONNECTIVITY 3.2 %
JPMORGAN CHASE & CO 3.1 %
PFIZER INC 3.1 %
Total 39.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 78.4 %
SWITZERLAND 8.6 %
IRELAND 7.6 %
FRANCE 1.4 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
21.4% -- -- -- 21.4%

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

Technical Indicators
Recent close $55.17
30d moving avg. $54.33
Annualized volatility 0.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 26
Turnover 1.5%
Bid/Ask (% of price) 0.15%
ADV underlying (mns) $23,034

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 96 potential alternatives to the American Century Focused Large Cap Value ETF ETF based on the alternatives' overlap in portfolio holdings with FLV. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FLV Expense: 42 bp ALTAR Score™: 5.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FLV
Ticker Fund
Name
Overlap1
vs FLV
(%)
Expense
ratio
(bp)
Savings
vs FLV
(bp)
ALTAR
Score™
(%)
ALTAR
vs FLV
(%)
MGV Vanguard Mega Cap Value ETF 35.6 7 35 6.4 +0.7
JKF iShares Morningstar Large Cap Value ETF 34.0 25 17 6.6 +0.8
IWX iShares Russell Top 200 Value ETF 31.8 20 22 6.0 +0.2
VOOV Vanguard S&P 500 Value ETF 30.8 10 32 6.6 +0.8
VTV Vanguard Value Index Fund 29.7 4 38 6.5 +0.7
VYM Vanguard High Dividend Yield Index ETF 26.5 6 36 6.6 +0.8
PWV Invesco Dynamic Large Cap Value ETF 26.4 56 -14 6.8 +1.0
SPYV SPDR Portfolio S&P 500 Value ETF 26.0 4 38 6.4 +0.6
IVE iShares S&P 500 Value ETF 25.9 18 24 6.2 +0.4
OUSA O'Shares FTSE US Quality Dividend ETF 25.8 48 -6 5.5 -0.3
DGRO iShares Core Dividend Growth ETF 25.3 8 34 6.0 +0.2
IUSV iShares Core S&P U.S. Value ETF 24.3 4 38 6.4 +0.6
SCHV Schwab U.S. Large-Cap Value ETF 24.2 4 38 6.0 +0.2
VONV Vanguard Russell 1000 Value Index Fund 23.7 8 34 6.1 +0.3
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 23.7 12 30 4.9 -0.9
RAFE PIMCO RAFI ESG U.S. ETF 22.8 30 12 6.6 +0.9
IWD iShares Russell 1000 Value ETF 22.7 19 23 6.0 +0.2
YLDE ClearBridge Dividend Strategy ESG ETF 22.7 60 -18 4.4 -1.4
HDV iShares Core High Dividend ETF 21.6 8 34 6.3 +0.5
DFNL Davis Select Financial ETF 20.7 64 -22 6.8 +1.0
DGRW WisdomTree U.S. Quality Dividend Growth Fund 20.7 28 14 6.0 +0.2
DIVB iShares U.S. Dividend & Buyback ETF 20.4 25 17 5.9 +0.1
EQWL Invesco Russell Top 200 Equal Weight ETF 20.1 25 17 5.6 -0.2
XLG Invesco S&P 500 Top 50 ETF 20.1 20 22 4.1 -1.7
EDOW First Trust Dow 30 Equal Weight ETF 20.0 50 -8 5.1 -0.7
DLN WisdomTree U.S. LargeCap Dividend Fund 19.9 28 14 6.1 +0.4
SPQQ Siren Large Cap Blend Index ETF 19.8 20 22 4.2 -1.6
FMK First Trust Mega Cap AlphaDEX Fund 19.6 70 -28 5.0 -0.8
OEF iShares S&P 100 ETF 19.3 20 22 4.2 -1.6
REVS Columbia Research Enhanced Value ETF 19.1 19 23 6.7 +0.9
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 18.6 49 -7 4.1 -1.7
DTD WisdomTree U.S.Total Dividend Fund 18.4 28 14 6.2 +0.4
PFM Invesco Dividend Achievers ETF 18.4 53 -11 5.0 -0.8
SPXT ProShares S&P 500 Ex-Technology ETF 18.4 27 15 4.8 -1.0
NACP Impact Shares NAACP Minority Empowerment ETF 18.2 49 -7 4.7 -1.1
VIG Vanguard Dividend Appreciation Index Fund 18.2 6 36 5.0 -0.8
DIA SPDR Dow Jones Industrial Average ETF Trust 18.0 16 26 4.9 -0.9
DURA VanEck Vectors Morningstar Durable Dividend ETF 17.7 29 13 8.1 +2.3
SIXA 6 Meridian Mega Cap Equity ETF 17.5 82 -40 5.8 +0.0
FNDX Schwab Fundamental U.S. Large Co. Index ETF 17.4 25 17 5.7 -0.1
PRF Invesco FTSE RAFI US 1000 ETF 17.3 39 3 5.8 -0.0
CCOR Core Alternative ETF 17.2 109 -67 4.2 -1.6
XLF Financial Select Sector SPDR Fund 17.1 13 29 6.8 +1.0
DJD Invesco Dow Jones Industrial Average Dividend ETF 17.1 7 35 6.3 +0.5
QUS SPDR MSCI USA StrategicFactors ETF 17.0 15 27 5.2 -0.6
KVLE KFA Value Liner Dynamic Core Equity Index ETF 16.6 56 -14 5.7 -0.1
EPS WisdomTree U.S. Earnings 500 Fund 16.5 8 34 5.9 +0.1
FLLV Franklin Liberty U.S. Low Volatility ETF 16.5 29 13 4.9 -0.9
MGC Vanguard Mega Cap Index Fund 16.4 7 35 4.6 -1.2
MOAT VanEck Vectors Morningstar Wide Moat ETF 16.3 48 -6 6.2 +0.4
GBLO Global Beta Low Beta ETF 16.2 29 13 7.3 +1.5
FDRR Fidelity Dividend ETF for Rising Rates 16.2 29 13 6.0 +0.2
IWL iShares Russell Top 200 ETF 16.1 15 27 4.4 -1.4
FDVV Fidelity Core Dividend ETF 16.1 29 13 6.1 +0.3
BKLC BNY Mellon US Large Cap Core Equity ETF 16.1 0 42 4.5 -1.3
FNCL Fidelity MSCI Financials Index ETF 16.0 8 34 7.2 +1.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 15.8 25 17 5.7 -0.1
ACIO Aptus Collared Income Opportunity ETF 15.8 79 -37 3.8 -2.0
VFH Vanguard Financials Index Fund 15.8 10 32 7.2 +1.4
SYV SPDR MFS Systematic Value Equity ETF 15.7 60 -18 5.9 +0.1
DBLV AdvisorShares DoubleLine Value Equity ETF 15.7 91 -49 5.4 -0.4
NULV Nuveen ESG Large-Cap Value ETF 15.4 35 7 6.0 +0.2
QDF FlexShares Quality Dividend Index Fund 15.3 37 5 5.5 -0.3
SPMV Invesco S&P 500 Minimum Variance ETF 15.3 10 32 5.4 -0.4
IYF iShares U.S. Financials ETF 15.1 42 0 6.0 +0.2
SFY SoFi Select 500 ETF 15.0 0 42 4.5 -1.3
HLAL Wahed FTSE USA Shariah ETF 15.0 50 -8 3.8 -2.0
VLU SPDR S&P 1500 Value Tilt ETF 14.9 12 30 6.1 +0.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 14.9 20 22 4.6 -1.2
QDIV Global X S&P 500 Quality Dividend ETF 14.9 20 22 6.5 +0.7
DUSA Davis Select U.S. Equity ETF 14.9 63 -21 5.5 -0.3
SUSL iShares ESG MSCI USA Leaders ETF 14.8 10 32 4.8 -1.0
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 14.8 10 32 4.8 -1.0
PBP Invesco S&P 500 BuyWrite ETF 14.8 49 -7 4.3 -1.5
JHMH John Hancock Multifactor Healthcare ETF 14.7 40 2 5.8 0.0
GDVD Principal Active Global Dividend Income ETF 14.6 58 -16 4.3 -1.5
XYLG Global X S&P 500 Covered Call & Growth ETF 14.6 60 -18 4.4 -1.4
HUSV First Trust Horizon Managed Volatility Domestic ETF 14.6 70 -28 4.8 -1.0
VOO VANGUARD S&P 500 ETF 14.4 3 39 4.8 -1.0
SPY SPDR S&P 500 ETF Trust 14.3 9 33 4.7 -1.1
IVV iShares Core S&P 500 ETF 14.3 3 39 4.7 -1.1
SPLG SPDR Portfolio Large Cap ETF 14.3 3 39 4.7 -1.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 14.3 20 22 4.8 -1.0
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 14.2 19 23 5.3 -0.5
IUS Invesco Strategic US ETF 14.2 19 23 5.4 -0.4
SPHQ Invesco S&P 500 Quality ETF 14.1 15 27 4.4 -1.4
LVHD Legg Mason Low Volatility High Dividend ETF 14.1 27 15 7.7 +1.9
XLV Health Care Select Sector SPDR Fund 14.1 13 29 6.9 +1.1
WOMN Impact Shares YWCA Women's Empowerment ETF 14.1 75 -33 3.5 -2.3
SPXE ProShares S&P 500 Ex-Energy ETF 14.0 27 15 4.6 -1.2
QDYN FlexShares Quality Dividend Dynamic Index Fund 14.0 37 5 5.3 -0.5
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 13.7 75 -33 5.3 -0.5
GOAT VanEck Vectors Morningstar Global Wide Moat ETF 13.7 56 -14 5.4 -0.4
FVL First Trust Value Line 100 ETF 13.7 70 -28 6.0 +0.2
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 13.7 15 27 5.8 0.0
RWL Invesco S&P 500 Revenue ETF 13.6 39 3 6.2 +0.5

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:
American Century Focused Large Cap Value ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.9 %
Divided by: Fwd. P/BV 2.1 x
Less: Expense ratio 42 bp
Equals: ALTAR Score 5.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.52 CATEGORY
AVERAGE
1.49
 
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.