Cambria Foreign Shareholder
ALTAR
Score™
8.2% info Recommen-
dation
OVERWEIGHT
2019E    2020E
P/E
ratio
11.2x P/Sales
ratio
0.8x
P/BV
ratio
1.2x Div.
yield
5.1%


  • 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) $24
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) $25,835
Large cap (>$10bn) 56.2%
Mid cap ($2-10bn) 33.2%
Small cap (<$2bn) 10.7%
Developed mkts 99.5%
Emerging mkts 0.5%

TOP TEN HOLDINGS
SHIMAO PROPERTY HOLDINGS LTD 2.3 %
MUENCHENER RUECKVER AG-REG 1.7 %
JB HI-FI LTD 1.6 %
ROYAL AHOLD DELHAIZE N.V. 1.6 %
SUN LIFE FINANCIAL INC 1.6 %
KDDI CORPORATION 1.5 %
ZURICH FINANCIAL SERVICES AG 1.5 %
AGEAS 1.4 %
MAGNA INTERNATIONAL INC-CL A 1.4 %
SOUTH32 LTD. 1.4 %
Total 16.0 %

TOP COUNTRY EXPOSURE
AUSTRALIA 17.4 %
BRITAIN 16.0 %
CANADA 15.3 %
JAPAN 12.3 %
FRANCE 5.2 %
ITALY 5.0 %
NETHERLANDS 5.0 %
HONG KONG 4.2 %
SWITZERLAND 3.5 %
SWEDEN 2.7 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
10.7% 4.1% 2.9% -- 2.0%

Market Correlations
versus... Beta R-squared
S&P500 0.73 55%
MSCI EAFE 1.00 88%
MSCI Emg. Mkts. 0.73 77%

Technical Indicators
Recent close $23.77
30d moving avg. $23.17
Annualized volatility 11.8%
Short interest (ETF) 0.0%
Relative strength (RSI) 80

Liquidity measures
Avg. volume (thou.) 2
Turnover 0.2%
Bid/Ask (% of price) 0.49%
ADV underlying (mns) $4,973

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Cambria Foreign Shareholder 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™: 8.2%


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
(%)
FGD First Trust DJ Global Select Dividend 23.5 58 1 9.2 +1.1
CID Victory CEMP International High Div Volatility Wtd 21.3 45 14 8.9 +0.8
RIDV Invesco International Ultra Dividend Revenue ETF 20.5 42 17 9.1 +0.9
ICOW Pacer Developed Markets Int'l Cash Cows 100 18.7 65 -6 9.5 +1.4
FIVA Fidelity International Value Factor 18.4 39 20 9.4 +1.2
FIDI Fidelity International High Dividend 17.7 39 20 10.1 +2.0
DTH WisdomTree DEFA Equity Income 17.5 58 1 8.6 +0.4
EFV iShares MSCI EAFE Value 17.4 38 21 9.0 +0.8
IDHD Invesco S&P Intl Developed High Div Low Volatility 17.4 30 29 6.4 -1.7
IDY Pacific Global International Equity Income 17.2 39 20 8.2 -0.0
LVIN Hartford Multifactor Low Volatility Int'l Equity 17.1 29 30 7.9 -0.3
RODM Lattice Developed Markets (Ex-US) Strategy 16.6 29 30 7.7 -0.4
DOO WisdomTree Int'l Dividend Ex-Financials 16.4 58 1 8.1 -0.1
IDV iShares DJ Int'l Select Dividend 16.2 49 10 8.5 +0.3
DOL WisdomTree Int'l Large Cap Dividend 15.9 48 11 7.7 -0.5
ESGN Columbia Sustainable International Equity Income 15.8 45 14 9.8 +1.6
INTF iShares FactorSelect MSCI International 15.6 30 29 8.3 +0.2
PXF Invesco FTSE-RAFI Developed ex-US 15.2 45 14 8.1 -0.0
IVLU iShares MSCI Int'l Developed Value Factor 14.9 30 29 10.4 +2.3
EUFN iShares MSCI Europe Financial Sector 14.6 48 11 9.0 +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

  2014 2015 2016 2017 2018 2019E 2020E
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
  2018 2019E 2020E
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
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 9.9 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 8.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.69 CATEGORY
AVERAGE
1.63
 
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.