Cambria Foreign Shareholder Yield ETF
ALTAR
Score™
12.9% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
9.0x P/Sales
ratio
0.5x
P/BV
ratio
0.7x Div.
yield
7.4%


  • 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 03, 2013
Assets (mns) $16
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 100
Wgt avg mkt cap (mns) $15,396
Large cap (>$10bn) 37.2%
Mid cap ($2-10bn) 40.8%
Small cap (<$2bn) 22.0%
Developed mkts 99.4%
Emerging mkts 0.6%

TOP TEN HOLDINGS
KDDI CORPORATION 2.2 %
ROYAL AHOLD DELHAIZE N.V. 2.0 %
ZURICH FINANCIAL SERVICES AG 1.9 %
MUENCHENER RUECKVER AG-REG 1.8 %
FORTESCUE METALS GROUP LTD 1.8 %
FUSHAN INTERNATIONAL ENERGY 1.7 %
RIO TINTO PLC 1.5 %
PERSIMMON PLC 1.5 %
AGEAS 1.5 %
YAHOO! JAPAN CORP 1.5 %
Total 17.4 %

TOP COUNTRY EXPOSURE
JAPAN 23.4 %
BRITAIN 19.0 %
AUSTRALIA 9.9 %
CANADA 7.2 %
NETHERLANDS 6.2 %
FRANCE 5.1 %
SWEDEN 4.2 %
ITALY 3.9 %
SWITZERLAND 3.6 %
GERMANY 3.3 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-32.2% -26.8% -2.7% -- -3.3%

Market Correlations
versus... Beta R-squared
S&P500 1.04 76%
MSCI EAFE 1.17 93%
MSCI Emg. Mkts. 0.91 83%

Technical Indicators
Recent close $15.58
30d moving avg. $18.31
Annualized volatility 18.2%
Short interest (ETF) 0.0%
Relative strength (RSI) 28

Liquidity measures
Avg. volume (thou.) 23
Turnover 2.3%
Bid/Ask (% of price) 1.65%
ADV underlying (mns) $5,577

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 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™: 12.9%


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
(%)
CID Victory CEMP Intl High Dividend Volatility Wtd Index ETF 20.4 45 14 15.2 +2.3
FIVA Fidelity International Value Factor ETF 16.9 39 20 13.5 +0.6
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 16.4 30 29 8.7 -4.2
DTH WisdomTree DEFA Equity Income Fund 16.2 58 1 12.6 -0.3
FGD First Trust Dow Jones Global Select Dividend Index Fund 16.2 58 1 13.8 +0.9
RODM Hartford Multifactor Developed Markets (ex-US) ETF 15.5 29 30 10.9 -2.0
EFV iShares MSCI EAFE Value ETF 15.1 39 20 12.7 -0.1
ICOW Pacer Developed Markets International Cash Cows 100 ETF 15.0 65 -6 15.3 +2.5
DMDV AAM S&P Developed Markets High Dividend Value ETF 14.5 39 20 14.7 +1.8
LVIN Hartford Multifactor Low Volatility International Equity ETF 14.3 29 30 15.0 +2.1
IDY Pacific Global International Equity Income ETF 14.0 39 20 11.1 -1.8
IQDE FlexShares International Quality Dividend Defensive Index Fd 13.8 47 12 15.9 +3.0
IVLU iShares Edge MSCI Intl Value Factor ETF 13.8 30 29 14.3 +1.4
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 13.8 20 39 11.3 -1.6
ESGN Columbia Sustainable International Equity Income ETF 13.7 45 14 14.3 +1.5
LVHI Legg Mason International Low Volatility High Dividend ETF 13.5 40 19 12.7 -0.2
FKU First Trust United Kingdom AlphaDEX Fund 12.9 80 -21 13.2 +0.3
DOO WisdomTree International Dividend ex-Financials Fund 12.9 58 1 11.1 -1.7
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 12.9 45 14 11.6 -1.3
INTF iShares Edge MSCI Multifactor Intl ETF 12.8 30 29 10.4 -2.5
EUFN iShares MSCI Europe Financials ETF 12.8 48 11 15.3 +2.4
IDV iShares International Select Dividend ETF 12.8 49 10 15.2 +2.3
IQDF FlexShares International Quality Dividend Index Fund 12.7 47 12 16.5 +3.6
DOL WisdomTree International LargeCap Dividend Fund 12.6 48 11 11.0 -1.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 12.5 47 12 17.5 +4.6
FNDF Schwab Fundamental International Large Co. Index ETF 11.8 25 34 11.4 -1.5
IVAL Alpha Architect International Quantitative Value ETF 11.5 59 0 14.6 +1.7
HDAW Xtrackers MSCI All World ex US High Dividend Yield Hedged 11.4 20 39 12.8 -0.1
VYMI Vanguard International High Dividend Yield ETF 11.3 32 27 12.6 -0.3
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 11.3 35 24 11.0 -1.9
RFDI First Trust Riverfront Dynamic Developed International ETF 11.1 83 -24 8.1 -4.8
FEP First Trust Europe AlphaDEX Fund 10.9 80 -21 11.2 -1.7
DWM WisdomTree International Equity Fund 10.9 48 11 10.8 -2.1
FIDI Fidelity International High Dividend ETF 10.6 39 20 16.3 +3.4
IPKW Invesco International BuyBack Achievers ETF 10.5 55 4 12.4 -0.5
FID First Trust S&P International Dividend Aristocrats ETF 10.3 60 -1 11.8 -1.1
ISDX Invesco Strategic Developed ex-US ETF 10.2 23 36 10.1 -2.8
FLGB Franklin FTSE United Kingdom ETF 9.9 9 50 9.3 -3.6
WDIV SPDR Global Dividend ETF 9.8 40 19 12.8 -0.1
EWU iShares MSCI United Kingdom ETF 9.8 50 9 8.7 -4.2
UIVM VictoryShares USAA MSCI International Value Momentum ETF 9.8 35 24 10.9 -2.0
IDOG ALPS International Sector Dividend Dogs ETF 9.8 50 9 13.8 +1.0
EFAS Global X MSCI SuperDividend EAFE ETF 9.7 55 4 13.0 +0.2
IQIN IQ 500 International ETF 9.7 25 34 11.3 -1.5
QGBR SPDR MSCI UK StrategicFactors ETF 9.5 14 45 9.3 -3.5
QINT American Century Quality Diversified International ETF 9.4 39 20 7.7 -5.2
GCOW Pacer Global High Dividend ETF 9.3 60 -1 13.7 +0.8
EUMV iShares Edge MSCI Min Vol Europe ETF 9.3 25 34 6.5 -6.4
IEV iShares Europe ETF 9.3 59 0 8.8 -4.1
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 9.3 25 34 8.5 -4.4
HFXE IQ 50 PERCENT HEDGED FTSE EUROPE ETF 9.2 30 29 8.7 -4.2
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 9.2 32 27 7.8 -5.1
FDT First Trust Developed Markets ex-US Alphadex Fund 9.1 80 -21 11.5 -1.3
FLEE Franklin FTSE Europe ETF 9.1 9 50 9.0 -3.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 9.1 39 20 8.4 -4.5
FLEH Franklin FTSE Europe Hedged ETF 9.0 9 50 8.9 -4.0
BBEU JPMorgan BetaBuilders Europe ETF 9.0 9 50 9.2 -3.7
DBEU Xtrackers MSCI Europe Hedged Equity ETF 8.9 45 14 8.5 -4.4
WWJD Inspire International ESG ETF 8.9 80 -21 9.6 -3.2
VIDI Vident International Equity Fund 8.8 59 0 15.3 +2.4
GUNR Flexshares Morningstar Global Upstream Natural Resources 8.8 46 13 8.3 -4.5
JPIN JPMorgan Diversified Return International Equity ETF 8.8 38 21 10.0 -2.9
VGK Vanguard FTSE Europe ETF 8.8 8 51 9.5 -3.4
IDHQ Invesco S&P International Developed High Quality ETF 8.7 29 30 6.7 -6.2
IQLT iShares Edge MSCI Intl Quality Factor ETF 8.6 30 29 7.7 -5.2
IEUR iShares Core MSCI Europe ETF 8.6 9 50 9.3 -3.6
RFEU First Trust Riverfront Dynamic Europe ETF 8.6 83 -24 6.4 -6.5
SCID Global X Scientific Beta Europe ETF 8.6 38 21 8.9 -3.9
EFA iShares MSCI EAFE ETF 8.4 32 27 9.2 -3.7
OEUR O'shares FTSE Europe Quality Dividend ETF 8.4 48 11 7.8 -5.0
JHMD John Hancock Multifactor Developed International ETF 8.3 45 14 9.6 -3.3
QEFA SPDR MSCI EAFE Quality Mix ETF 8.3 30 29 8.3 -4.6
FEUZ First Trust Eurozone AlphaDEX ETF 8.3 80 -21 10.2 -2.7
IQSI IQ Candriam ESG International Equity ETF 8.3 15 44 9.3 -3.6
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 8.2 35 24 8.9 -4.0
PICK iShares MSCI Global Metals & Mining Producers ETF 8.2 39 20 11.1 -1.8
HFXI IQ 50 Percent Hedged FTSE International ETF 8.1 20 39 9.5 -3.3
RBIN Nationwide Risk-Based International Equity ETF 8.1 42 17 8.6 -4.3
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 7.9 7 52 9.6 -3.3
RFAP First Trust Riverfront Dynamic Asia Pacific ETF 7.9 83 -24 9.1 -3.8
GNR SPDR S&P Global Natural Resources ETF 7.9 40 19 9.1 -3.8
JPEU JPMorgan Diversified Return Europe Equity ETF 7.8 37 22 8.8 -4.1
FEU SPDR Portfolio Europe ETF 7.8 9 50 9.3 -3.6
ESGD iShares MSCI EAFE ESG Optimized ETF 7.7 20 39 9.2 -3.7
PDEV Principal International Multi-Factor Core Index ETF 7.7 25 34 8.6 -4.2
SCHF Schwab International Equity ETF 7.7 6 53 9.5 -3.4
IEFA iShares Core MSCI EAFE ETF 7.6 7 52 9.4 -3.5
FDD First Trust Stoxx European Select Dividend Index Fund 7.5 57 2 16.0 +3.2
IDEV iShares Core MSCI International Developed Markets ETF 7.5 5 54 9.4 -3.5
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 7.4 39 20 11.9 -1.0
EWJV iShares MSCI Japan Value ETF 7.4 15 44 13.6 +0.7
GSIE Goldman Sachs ActiveBeta International Equity ETF 7.4 25 34 8.7 -4.2
DIM WisdomTree International MidCap Dividend Fund 7.4 58 1 10.4 -2.5
EFAV iShares Edge MSCI Min Vol EAFE ETF 7.3 20 39 6.8 -6.0
SPDW SPDR Portfolio Developed World ex-US ETF 7.2 4 55 9.3 -3.6
GVAL Cambria Global Value ETF 7.2 69 -10 14.2 +1.3
DHDG WisdomTree Dynamic Currency Hedged Intl Quality Div Growth 7.1 48 11 0.0 -12.9
CIZ Victory CEMP Developed Enhanced Volatility Weighted Index ET 7.1 45 14 9.4 -3.4
VEA Vanguard FTSE Developed Markets ETF 7.0 5 54 9.7 -3.2

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:

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 9.0 %
Divided by: Fwd. P/BV 0.7 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 12.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.67 CATEGORY
AVERAGE
1.58
 
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.