Amplify Online Retail
ALTAR
Score™
2.4% info Recommen-
dation
UNDERWEIGHT
2019E    2020E
P/E
ratio
49.1x P/Sales
ratio
1.1x
P/BV
ratio
3.9x Div.
yield
0.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Amplify Online Retail ETF tracks an index of global stocks issued by firms with revenues dominated by online retail sales. Stocks are equally weighted within 2 geographic buckets.

FUND BASICS
Category Global Equities
Fund Sponsor Amplify
Website amplifyetfs.com
Inception date Apr 20, 2016
Assets (mns) $231
Currency USD
Expense ratio 65 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Tiered
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 39
Wgt avg mkt cap (mns) $56,963
Large cap (>$10bn) 45.0%
Mid cap ($2-10bn) 27.5%
Small cap (<$2bn) 27.5%
Developed mkts 91.0%
Emerging mkts 9.0%

TOP TEN HOLDINGS
STAMPS.COM INC 8.2 %
COPART INC 4.4 %
PETMED EXPRESS INC 4.4 %
CARVANA CO. CLASS A 4.3 %
BOOKING HOLDINGS INC. 3.8 %
IAC/INTERACTIVECORP 3.5 %
EBAY INC 3.5 %
AMAZON.COM INC 3.5 %
CHEGG INC 3.4 %
PAYPAL HOLDINGS INC 3.4 %
Total 42.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 70.9 %
CHINA 9.5 %
BRITAIN 4.7 %
JAPAN 3.1 %
GERMANY 2.9 %
IRELAND 2.3 %
CANADA 1.7 %
INDIA 1.7 %
LUXEMBOURG 1.6 %
ARGENTINA 1.3 %

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.
20.8% 10.7% -- -- 21.4%

Market Correlations
versus... Beta R-squared
S&P500 1.39 64%
MSCI EAFE 1.28 46%
MSCI Emg. Mkts. 0.97 43%

Technical Indicators
Recent close $46.68
30d moving avg. $48.13
Annualized volatility 21.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 18
Turnover 0.4%
Bid/Ask (% of price) 0.12%
ADV underlying (mns) $14,723

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Amplify Online Retail ETF based on the alternatives' overlap in portfolio holdings with IBUY. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: IBUY Expense: 65 bp ALTAR Score™: 2.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH IBUY
Ticker Fund
Name
Overlap1
vs IBUY
(%)
Expense
ratio
(bp)
Savings
vs IBUY
(bp)
ALTAR
Score™
(%)
ALTAR
vs IBUY
(%)
EBIZ Global X E-commerce 40.4 68 -3 3.2 +0.8
PLAT WisdomTree Modern Tech Platforms 36.4 45 20 2.9 +0.5
ONLN ProShares Online Retail 36.2 58 7 2.9 +0.5
XWEB SPDR S&P Internet 34.3 35 30 2.2 -0.3
GBUY Goldman Sachs Motif New Age Consumer 27.2 50 15 3.6 +1.2
PNQI Invesco Nasdaq Internet 26.6 62 3 2.9 +0.5
XBUY Amplify International Online Retail 21.4 69 -4 1.4 -1.0
MILN Global X Millennials Thematic 20.5 50 15 3.0 +0.6
GIGE SoFi Gig Economy 20.0 59 6 0.5 -1.9
TTTN TigerShares China-U.S. Internet Titans 19.5 59 6 4.0 +1.6
OGIG O'Shares Global Internet Giants 18.4 48 17 1.6 -0.9
FDN First Trust DJ Internet 17.7 52 13 3.4 +1.0
GENY Principal Millennials Index 16.3 45 20 5.0 +2.6
FDNI First Trust Dow Jones International Internet 14.9 65 0 4.7 +2.3
ARKW ARK Web x.O 14.7 75 -10 -0.9 -3.3
XRT SPDR S&P Retail 14.5 35 30 8.8 +6.4
XNTK SPDR NYSE Technology 13.8 35 30 5.5 +3.1
ARKF ARK Fintech Innovation 13.5 75 -10 2.0 -0.5
QQXT First Trust NASDAQ-100 Ex-Tech 13.1 60 5 6.1 +3.6
AIQ Global X Future Analytics Tech 11.4 68 -3 4.7 +2.3

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:
Amplify Online Retail
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 10.7 %
Divided by: Fwd. P/BV 3.5 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 2.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.51 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.