Huntington US Equity Rotation
ALTAR
Score™
7.6% info Recommen-
dation
OVERWEIGHT
2019E    2020E
P/E
ratio
12.1x P/Sales
ratio
0.7x
P/BV
ratio
1.7x Div.
yield
1.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Huntington US Equity Rotation Strategy ETF is an exchange-traded fund incorporated in the USA. The Fund is actively managed and invests in companies in each of the ten sectors representing the S&P 1500.

FUND BASICS
Category US Equities
Fund Sponsor Huntington Asset Services Inc
Website www.huntingtonstrategyshares.com
Inception date Jul 25, 2012
Assets (mns) $21
Currency USD
Expense ratio 120 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 25
Wgt avg mkt cap (mns) $12,590
Large cap (>$10bn) 70.3%
Mid cap ($2-10bn) 23.8%
Small cap (<$2bn) 5.9%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ISHARES SHORT TREASURY 6.4 %
ISHARES 1-3 YEAR TREASURY 6.4 %
ISHARES 7-10 YEAR TREASURY 6.3 %
INVESCO S&P 500 PURE VALUE ETF 4.9 %
INVESCO DWA TECHNICAL LEADERS 4.8 %
ISHARES MSCI USA MOMENTUM FACTOR 4.8 %
VANGUARD DIVIDEND APPRECIATION 4.8 %
ISHARES MSCI EAFE 4.8 %
MASTERCARD INC-CLASS A 1.9 %
MOODY'S CORP 1.9 %
Total 46.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 20.3 %
CHINA 1.0 %









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.
-0.5% -6.0% 2.8% -- 8.0%

Market Correlations
versus... Beta R-squared
S&P500 0.62 66%
MSCI EAFE 0.55 44%
MSCI Emg. Mkts. 0.35 30%

Technical Indicators
Recent close $33.76
30d moving avg. $33.32
Annualized volatility 9.3%
Short interest (ETF) 0.1%
Short interest (Underlying) 2.6%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 70
Turnover 11.2%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $4,921

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Huntington US Equity Rotation ETF based on the alternatives' overlap in portfolio holdings with HUSE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: HUSE Expense: 120 bp ALTAR Score™: 7.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH HUSE
Ticker Fund
Name
Overlap1
vs HUSE
(%)
Expense
ratio
(bp)
Savings
vs HUSE
(bp)
ALTAR
Score™
(%)
ALTAR
vs HUSE
(%)
ALFA AlphaClone Alternative Alpha 15.3 65 55 3.9 -3.7
JKE iShares Morningstar Large Cap Growth 13.6 25 95 4.1 -3.5
GVIP Goldman Sachs Hedge Industry VIP 10.6 45 75 5.7 -1.9
TMFC Motley Fool 100 Index 10.4 50 70 4.4 -3.2
PDP Invesco DWA Technical Leaders 10.4 62 58 3.9 -3.6
SCHG Schwab U.S. Large-Cap Growth 10.4 4 116 5.0 -2.6
IWY iShares Russell Top 200 Growth 9.8 20 100 5.1 -2.5
IWF iShares Russell 1000 Growth 9.8 19 101 5.0 -2.6
VONG Vanguard Russell 1000 Growth 9.8 12 108 5.1 -2.5
VUG Vanguard Growth ETF 9.6 4 116 4.9 -2.7
PWB Invesco Dynamic Large Cap Growth 9.6 55 65 4.4 -3.2
MGK Vanguard Mega Cap 300 Growth 9.5 7 113 5.0 -2.6
SPYG SPDR Portfolio S&P 500 Growth 9.1 4 116 5.1 -2.5
IVW iShares S&P 500 Growth 9.1 18 102 4.9 -2.6
VOOG Vanguard S&P 500 Growth 9.1 15 105 5.0 -2.6
OQAL Invesco Russell 1000 Quality Factor ETF 9.1 19 101 5.3 -2.3
IUSG iShares Core U.S. Growth 8.9 4 116 5.1 -2.5
JMOM JPMorgan U.S. Momentum Factor 8.8 12 108 4.3 -3.2
PLC Principal U.S. Large-Cap Multi-Factor Core Index 8.7 15 105 5.5 -2.1
USMC Principal U.S. Mega-Cap Multi-Factor Index 8.7 12 108 5.7 -1.8

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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:
Huntington US Equity Rotation
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 13.3 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 120 bp
Equals: ALTAR Score 7.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.50 CATEGORY
AVERAGE
1.55
 
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.