Cambria Foreign Shareholder Yield ETF
ALTAR
Score™
5.6% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
132.4x P/Sales
ratio
1.0x
P/BV
ratio
1.1x Div.
yield
4.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Cambria Foreign Shareholder Yield ETF is an exchange-traded fund incorporated in the USA. The ETF seeks investment results, before fees and expenses, that track the performance of the Cambria Foreign Shareholder Yield Index.

FUND BASICS
Category International Equities
Fund Sponsor Cambria Investment Management
Website www.cambriafunds.com
Inception date Dec 02, 2013
Assets (mns) $27
Currency USD
Expense ratio 59 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Statutory Trust
Custodian Bank of New York Mellon
Weighting Equal
Index replication Full
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 102
Wgt avg mkt cap (mns) $17,615
Large cap (>$10bn) 42.2%
Mid cap ($2-10bn) 36.0%
Small cap (<$2bn) 21.0%
Developed mkts 99.5%
Emerging mkts 0.5%

TOP TEN HOLDINGS
BETSSON AB CLASS B 1.9 %
MAGNA INTERNATIONAL INC-CL A 1.8 %
FORTESCUE METALS GROUP LTD 1.8 %
RIO TINTO PLC 1.7 %
MUENCHENER RUECKVER AG-REG 1.6 %
MITSUBISHI GAS CHEMICAL CO 1.5 %
SOUTH32 LTD. 1.4 %
REXEL SA 1.4 %
ZURICH FINANCIAL SERVICES AG 1.4 %
KDDI CORPORATION 1.4 %
Total 16.1 %

TOP COUNTRY EXPOSURE
JAPAN 17.2 %
CANADA 16.8 %
BRITAIN 15.3 %
HONG KONG 10.7 %
AUSTRALIA 6.5 %
SWITZERLAND 4.8 %
BELGIUM 3.2 %
FINLAND 3.0 %
NETHERLANDS 2.9 %
SWEDEN 2.7 %

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.
4.1% 4.1% 7.9% -- 3.1%

Market Correlations
versus... Beta R-squared
S&P500 1.05 80%
MSCI EAFE 1.15 94%
MSCI Emg. Mkts. 0.91 75%

Technical Indicators
Recent close $25.62
30d moving avg. $24.68
Annualized volatility 22.1%
Short interest (ETF) 0.0%
Relative strength (RSI) 64

Liquidity measures
Avg. volume (thou.) 6
Turnover 0.6%
Bid/Ask (% of price) 0.61%
ADV underlying (mns) $5,228

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 95 potential alternatives to the Cambria Foreign Shareholder Yield ETF ETF based on the alternatives' overlap in portfolio holdings with FYLD. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: FYLD Expense: 59 bp ALTAR Score™: 5.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH FYLD
Ticker Fund
Name
Overlap1
vs FYLD
(%)
Expense
ratio
(bp)
Savings
vs FYLD
(bp)
ALTAR
Score™
(%)
ALTAR
vs FYLD
(%)
DFAI Dimensional International Core Equity Market ETF 22.2 18 41 6.3 +0.8
DTH WisdomTree International High Dividend Fund 15.4 58 1 8.7 +3.1
DOO WisdomTree International Dividend ex-Financials Fund 13.9 58 1 7.7 +2.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 12.8 59 0 10.0 +4.5
EFAS Global X MSCI SuperDividend EAFE ETF 12.8 56 3 8.0 +2.4
ESGN Columbia Sustainable International Equity Income ETF 12.8 45 14 9.2 +3.6
IVAL Alpha Architect International Quantitative Value ETF 12.8 59 0 8.3 +2.7
VWID Virtus WMC International Dividend ETF 12.8 49 10 7.3 +1.8
ISDX Invesco RAFI Strategic Developed ex-US ETF 12.7 23 36 6.2 +0.6
IDV iShares International Select Dividend ETF 12.1 49 10 8.8 +3.2
IQDF FlexShares International Quality Dividend Index Fund 11.3 47 12 7.8 +2.3
IQDE FlexShares International Quality Dividend Defensive Index ET 11.2 47 12 7.8 +2.2
IDOG ALPS International Sector Dividend Dogs ETF 11.2 50 9 8.1 +2.5
DOL WisdomTree International LargeCap Dividend Fund 11.1 48 11 7.1 +1.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 11.1 46 13 5.0 -0.6
HDAW Xtrackers MSCI All World ex US High Dividend Yield Equity ET 11.0 20 39 9.4 +3.8
EFV iShares MSCI EAFE Value ETF 11.0 39 20 8.3 +2.7
IQDY FlexShares International Quality Dividend Dynamic Index Fund 10.9 47 12 8.0 +2.4
GNR SPDR S&P Global Natural Resources ETF 10.9 40 19 5.1 -0.5
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 10.8 45 14 9.6 +4.0
DWM WisdomTree International Equity Fund 10.5 48 11 7.1 +1.6
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 10.5 40 19 7.2 +1.7
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 10.3 20 39 8.3 +2.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 10.2 65 -6 10.0 +4.4
MXI iShares Global Materials ETF 10.0 45 14 4.9 -0.7
IVLU iShares Edge MSCI Intl Value Factor ETF 9.9 30 29 9.9 +4.3
FNDF Schwab Fundamental International Large Co. Index ETF 9.9 25 34 7.6 +2.0
RODM Hartford Multifactor Developed Markets (ex-US) ETF 9.8 29 30 7.2 +1.6
VYMI Vanguard International High Dividend Yield ETF 9.8 27 32 8.9 +3.3
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 9.7 45 14 7.5 +2.0
VIDI Vident International Equity Fund 9.7 59 0 9.6 +4.0
INTF iShares Edge MSCI Multifactor Intl ETF 9.5 30 29 7.2 +1.6
RODE Hartford Multifactor Diversified International ETF 9.5 29 30 10.5 +4.9
DMDV AAM S&P Developed Markets High Dividend Value ETF 9.4 39 20 9.8 +4.2
PICK iShares MSCI Global Metals & Mining Producers ETF 9.1 39 20 5.4 -0.2
QINT American Century Quality Diversified International ETF 8.9 39 20 5.6 +0.1
JPIN JPMorgan Diversified Return International Equity ETF 8.8 37 22 7.0 +1.4
FKU First Trust United Kingdom AlphaDEX Fund 8.7 80 -21 6.8 +1.2
FLGB Franklin FTSE United Kingdom ETF 8.6 9 50 6.8 +1.2
EWU iShares MSCI United Kingdom ETF 8.6 51 8 6.4 +0.8
ZGBR SPDR Solactive United Kingdom ETF 8.5 14 45 6.9 +1.3
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 8.5 30 29 7.7 +2.1
GRES IQ Global Resources ETF 8.4 78 -19 5.6 -0.0
IQIN IQ 500 International ETF 8.3 25 34 7.5 +2.0
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 8.3 39 20 5.5 -0.1
EUFN iShares MSCI Europe Financials ETF 8.2 48 11 10.6 +5.0
FID First Trust S&P International Dividend Aristocrats ETF 8.2 60 -1 8.7 +3.1
FDD First Trust Stoxx European Select Dividend Index Fund 8.0 58 1 8.7 +3.1
WWJD Inspire International ESG ETF 8.0 80 -21 5.9 +0.4
WDIV SPDR Global Dividend ETF 7.9 40 19 8.6 +3.1
DIM WisdomTree International MidCap Dividend Fund 7.8 58 1 7.0 +1.5
GCOW Pacer Global High Dividend ETF 7.5 60 -1 9.9 +4.3
RFDI First Trust Riverfront Dynamic Developed International ETF 7.5 83 -24 5.1 -0.5
JHMD John Hancock Multifactor Developed International ETF 7.4 39 20 6.5 +0.9
IDHQ Invesco S&P International Developed Quality ETF 7.4 29 30 4.7 -0.9
IDLV Invesco S&P International Developed Low Volatility ETF 6.9 25 34 6.2 +0.7
DSTX Distillate International Fundamental Stability & Value ETF 6.9 55 4 5.9 +0.3
PDEV Principal International Multi-Factor Core Index ETF 6.9 25 34 7.0 +1.5
IEV iShares Europe ETF 6.9 59 0 6.2 +0.6
DEW WisdomTree Global High Dividend Fund 6.8 58 1 8.7 +3.2
LVHI Legg Mason International Low Volatility High Dividend ETF 6.8 40 19 9.0 +3.4
IQLT iShares Edge MSCI Intl Quality Factor ETF 6.8 30 29 5.2 -0.4
FLEE Franklin FTSE Europe ETF 6.6 9 50 6.4 +0.8
BBEU JPMorgan BetaBuilders Europe ETF 6.6 9 50 6.6 +1.0
HAP VanEck Vectors Natural Resources ETF 6.6 50 9 4.8 -0.8
FLEH Franklin FTSE Europe Hedged ETF 6.6 9 50 6.4 +0.8
UIVM VictoryShares USAA MSCI International Value Momentum ETF 6.6 35 24 7.6 +2.1
FDEV Fidelity Targeted International Factor ETF 6.5 39 20 6.1 +0.5
DBEU Xtrackers MSCI Europe Hedged Equity ETF 6.5 45 14 5.9 +0.3
FEP First Trust Europe AlphaDEX Fund 6.5 80 -21 7.4 +1.8
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 6.4 32 27 5.7 +0.1
IQSI IQ Candriam ESG International Equity ETF 6.4 15 44 6.4 +0.8
PQIN PGIM QMA Strategic Alpha International Equity ETF 6.3 29 30 7.0 +1.4
QEFA SPDR MSCI EAFE Quality Mix ETF 6.3 30 29 6.0 +0.4
VGK Vanguard FTSE Europe ETF 6.2 8 51 6.7 +1.1
DEEF Xtrackers FTSE Developed ex US Comprehensive Factor ETF 6.2 24 35 6.5 +0.9
IEUR iShares Core MSCI Europe ETF 6.1 9 50 6.5 +0.9
BKIE BNY Mellon International Equity ETF 6.1 4 55 6.5 +1.0
DFAE Dimensional Emerging Core Equity Market ETF 6.1 35 24 6.9 +1.3
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 6.0 35 24 5.9 +0.4
EFA iShares MSCI EAFE ETF 6.0 32 27 6.2 +0.6
GSID Goldman Sachs MarketBeta International Equity ETF 5.9 20 39 6.3 +0.7
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 5.9 35 24 6.1 +0.5
HFXI IQ 50 Percent Hedged FTSE International ETF 5.8 20 39 6.4 +0.8
SCHF Schwab International Equity ETF 5.8 6 53 6.5 +0.9
DWMF WisdomTree International Multifactor Fund 5.8 38 21 6.2 +0.6
IDEV iShares Core MSCI International Developed Markets ETF 5.8 5 54 6.4 +0.8
RFAP First Trust Riverfront Dynamic Asia Pacific ETF 5.8 83 -24 5.0 -0.5
IPKW Invesco International BuyBack Achievers ETF 5.7 55 4 7.0 +1.4
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 5.7 80 -21 7.4 +1.8
SPDW SPDR Portfolio Developed World ex-US ETF 5.7 4 55 6.2 +0.6
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 5.6 7 52 6.5 +0.9
FIVA Fidelity International Value Factor ETF 5.5 39 20 8.7 +3.1
IEFA iShares Core MSCI EAFE ETF 5.4 7 52 6.4 +0.8
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 5.4 14 45 6.1 +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:
Cambria Foreign Shareholder Yield ETF
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 6.5 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 5.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.56 CATEGORY
AVERAGE
1.54
 
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.