Cambria Foreign Shareholder Yield ETF
ALTAR
Score™
6.5% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
-319.2x P/Sales
ratio
0.8x
P/BV
ratio
0.9x Div.
yield
5.5%


  • 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) $17
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) $14,709
Large cap (>$10bn) 37.4%
Mid cap ($2-10bn) 41.1%
Small cap (<$2bn) 20.6%
Developed mkts 98.4%
Emerging mkts 0.7%

TOP TEN HOLDINGS
BETSSON AB CLASS B 1.9 %
FUSHAN INTERNATIONAL ENERGY 1.8 %
MUENCHENER RUECKVER AG-REG 1.7 %
KDDI CORPORATION 1.6 %
MITSUBISHI GAS CHEMICAL CO 1.5 %
RIO TINTO PLC 1.5 %
MAGNA INTERNATIONAL INC-CL A 1.5 %
GUNGHO ONLINE ENTERTAINMENT 1.5 %
ZURICH FINANCIAL SERVICES AG 1.5 %
NITTO DENKO CORP 1.5 %
Total 16.0 %

TOP COUNTRY EXPOSURE
JAPAN 22.3 %
BRITAIN 17.3 %
CANADA 13.8 %
HONG KONG 9.3 %
AUSTRALIA 5.3 %
SWITZERLAND 4.3 %
FINLAND 3.3 %
BELGIUM 3.2 %
NETHERLANDS 3.1 %
GERMANY 2.9 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-15.2% -6.8% 4.1% -- 0.2%

Market Correlations
versus... Beta R-squared
S&P500 0.98 79%
MSCI EAFE 1.18 94%
MSCI Emg. Mkts. 0.84 75%

Technical Indicators
Recent close $19.56
30d moving avg. $20.30
Annualized volatility 19.6%
Short interest (ETF) 0.0%
Relative strength (RSI) 37

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.1%
Bid/Ask (% of price) 0.66%
ADV underlying (mns) $3,792

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™: 6.5%


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
(%)
DTH WisdomTree DEFA Equity Income Fund 13.5 58 1 10.6 +4.1
VGFO Virtus WMC Global Factor Opportunities ETF 12.8 49 10 8.5 +2.0
EFV iShares MSCI EAFE Value ETF 12.4 39 20 10.3 +3.8
ISDX Invesco Strategic Developed ex-US ETF 12.2 23 36 7.8 +1.3
HDAW Xtrackers MSCI All World ex US High Dividend Yield Hedged 12.0 20 39 12.1 +5.6
IDY Pacific Global International Equity Income ETF 11.7 39 20 8.2 +1.7
ICOW Pacer Developed Markets International Cash Cows 100 ETF 11.7 65 -6 11.5 +5.0
HDEF Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF 11.4 20 39 10.3 +3.9
IVAL Alpha Architect International Quantitative Value ETF 11.4 59 0 11.0 +4.5
IQDF FlexShares International Quality Dividend Index Fund 11.3 47 12 9.5 +3.0
IDV iShares International Select Dividend ETF 11.1 49 10 11.2 +4.7
FGD First Trust Dow Jones Global Select Dividend Index Fund 11.1 59 0 12.8 +6.3
EFAS Global X MSCI SuperDividend EAFE ETF 11.0 56 3 10.5 +4.0
IVLU iShares Edge MSCI Intl Value Factor ETF 11.0 30 29 12.2 +5.8
FKU First Trust United Kingdom AlphaDEX Fund 10.5 80 -21 8.6 +2.1
DOO WisdomTree International Dividend ex-Financials Fund 10.4 58 1 9.5 +3.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 10.3 45 14 9.4 +2.9
FNDF Schwab Fundamental International Large Co. Index ETF 10.3 25 34 9.2 +2.7
CID VictoryShares Intl High Dividend Volatility Wtd Index ETF 10.3 45 14 11.6 +5.1
GUNR Flexshares Morningstar Global Upstream Natural Resources 10.2 46 13 6.6 +0.1
GNR SPDR S&P Global Natural Resources ETF 10.1 40 19 6.9 +0.4
DOL WisdomTree International LargeCap Dividend Fund 10.1 48 11 9.3 +2.8
IDHD Invesco S&P Intl Developed High Dividend Low Volatility ETF 9.8 30 29 8.9 +2.4
IQDE FlexShares International Quality Dividend Defensive Index Fd 9.8 47 12 9.5 +3.0
VYMI Vanguard International High Dividend Yield ETF 9.7 27 32 10.6 +4.1
LVIN Hartford Multifactor Low Volatility International Equity ETF 9.6 29 30 11.9 +5.4
MXI iShares Global Materials ETF 9.4 45 14 6.0 -0.5
RODM Hartford Multifactor Developed Markets (ex-US) ETF 9.4 29 30 8.0 +1.6
VIDI Vident International Equity Fund 9.4 59 0 11.8 +5.3
LVHI Legg Mason International Low Volatility High Dividend ETF 9.3 40 19 9.8 +3.3
EUFN iShares MSCI Europe Financials ETF 8.9 48 11 13.8 +7.3
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 8.9 39 20 6.8 +0.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 8.9 35 24 9.1 +2.6
DWM WisdomTree International Equity Fund 8.9 48 11 8.9 +2.4
EWU iShares MSCI United Kingdom ETF 8.9 50 9 8.0 +1.5
FLGB Franklin FTSE United Kingdom ETF 8.9 9 50 8.3 +1.9
GCOW Pacer Global High Dividend ETF 8.8 60 -1 11.3 +4.8
INTF iShares Edge MSCI Multifactor Intl ETF 8.8 30 29 8.3 +1.8
IQDY FlexShares International Quality Dividend Dynamic Index Fund 8.8 47 12 9.7 +3.2
JPIN JPMorgan Diversified Return International Equity ETF 8.7 37 22 8.1 +1.7
IQIN IQ 500 International ETF 8.6 25 34 9.2 +2.7
FID First Trust S&P International Dividend Aristocrats ETF 8.6 60 -1 10.4 +3.9
ESGN Columbia Sustainable International Equity Income ETF 8.6 45 14 11.4 +4.9
PICK iShares MSCI Global Metals & Mining Producers ETF 8.6 39 20 7.4 +0.9
GRES IQ Global Resources ETF 8.4 78 -19 7.5 +1.0
WWJD Inspire International ESG ETF 8.4 80 -21 8.1 +1.6
WDIV SPDR Global Dividend ETF 8.3 40 19 10.4 +3.9
IQLT iShares Edge MSCI Intl Quality Factor ETF 8.3 30 29 6.3 -0.2
OEUR O'shares FTSE Europe Quality Dividend ETF 8.3 48 11 7.3 +0.8
DMDV AAM S&P Developed Markets High Dividend Value ETF 8.1 39 20 12.1 +5.6
JHMD John Hancock Multifactor Developed International ETF 7.9 39 20 7.7 +1.2
QEFA SPDR MSCI EAFE Quality Mix ETF 7.9 30 29 7.1 +0.6
QGBR SPDR MSCI UK StrategicFactors ETF 7.9 14 45 8.6 +2.1
SCID Global X Scientific Beta Europe ETF 7.9 39 20 0.0 -6.5
FDD First Trust Stoxx European Select Dividend Index Fund 7.9 58 1 12.3 +5.8
QLVD FlexShares Developed Markets ex-US Quality Low Volatility Id 7.7 32 27 6.3 -0.2
PDEV Principal International Multi-Factor Core Index ETF 7.7 25 34 8.4 +1.9
IDOG ALPS International Sector Dividend Dogs ETF 7.5 50 9 12.0 +5.5
QINT American Century Quality Diversified International ETF 7.5 39 20 6.4 -0.1
EFAV iShares Edge MSCI Min Vol EAFE ETF 7.4 20 39 5.6 -0.9
IGRO iShares International Dividend Growth ETF 7.2 22 37 8.8 +2.3
IEV iShares Europe ETF 7.2 59 0 7.4 +0.9
CEFA Global X S&P Catholic Values Developed ex-U.S. ETF 7.1 35 24 7.1 +0.6
BBEU JPMorgan BetaBuilders Europe ETF 7.0 9 50 7.9 +1.4
UIVM VictoryShares USAA MSCI International Value Momentum ETF 7.0 35 24 9.0 +2.5
IDHQ Invesco S&P International Developed Quality ETF 7.0 29 30 5.3 -1.2
FLEE Franklin FTSE Europe ETF 7.0 9 50 7.5 +1.0
FLEH Franklin FTSE Europe Hedged ETF 7.0 9 50 7.6 +1.1
DBEU Xtrackers MSCI Europe Hedged Equity ETF 6.8 45 14 7.1 +0.6
BKIE BNY Mellon International Equity ETF 6.8 4 55 7.8 +1.3
EFA iShares MSCI EAFE ETF 6.7 32 27 7.4 +0.9
DIM WisdomTree International MidCap Dividend Fund 6.7 58 1 7.9 +1.4
FEP First Trust Europe AlphaDEX Fund 6.7 80 -21 7.8 +1.3
RFDI First Trust Riverfront Dynamic Developed International ETF 6.7 83 -24 6.0 -0.5
IPKW Invesco International BuyBack Achievers ETF 6.6 55 4 8.5 +2.0
FDEV Fidelity Targeted International Factor ETF 6.6 39 20 6.8 +0.3
HFXI IQ 50 Percent Hedged FTSE International ETF 6.6 20 39 7.8 +1.3
GSID Goldman Sachs MarketBeta International Equity ETF 6.6 20 39 7.7 +1.2
IEUR iShares Core MSCI Europe ETF 6.5 9 50 7.8 +1.3
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 6.5 35 24 7.2 +0.7
VGK Vanguard FTSE Europe ETF 6.5 8 51 8.0 +1.5
HAP VanEck Vectors Natural Resources ETF 6.5 50 9 6.5 0.0
IQSI IQ Candriam ESG International Equity ETF 6.5 15 44 7.8 +1.3
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 6.3 7 52 7.8 +1.3
SCHF Schwab International Equity ETF 6.3 6 53 7.6 +1.1
IDEV iShares Core MSCI International Developed Markets ETF 6.3 5 54 7.5 +1.0
EWJV iShares MSCI Japan Value ETF 6.2 15 44 9.4 +2.9
RFAP First Trust Riverfront Dynamic Asia Pacific ETF 6.1 83 -24 5.5 -1.0
IEFA iShares Core MSCI EAFE ETF 6.1 7 52 7.6 +1.1
ESGD iShares MSCI EAFE ESG Optimized ETF 6.0 20 39 7.3 +0.8
SPDW SPDR Portfolio Developed World ex-US ETF 6.0 4 55 7.4 +0.9
PQIN PGIM QMA Strategic Alpha International Equity ETF 6.0 29 30 8.2 +1.7
CIZ VictoryShares Developed Enhanced Volatility Weighted Index E 5.9 45 14 7.3 +0.8
IDLV Invesco S&P International Developed Low Volatility ETF 5.8 25 34 6.7 +0.2
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 5.8 39 20 8.7 +2.3
FEU SPDR Portfolio Europe ETF 5.8 9 50 7.9 +1.4
FIVA Fidelity International Value Factor ETF 5.8 39 20 10.6 +4.1
CIL VictoryShares International Volatility Weighted Index ETF 5.8 45 14 7.3 +0.8
EASG Xtrackers MSCI EAFE ESG Leaders Equity ETF 5.8 14 45 7.3 +0.8

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 6.0 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 6.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.59 CATEGORY
AVERAGE
1.57
 
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.