Invesco KBW Bank ETF
ALTAR
Score™		 11.7% info Recommen-
dation		 SPECULATIVE
2023E    2024E
P/E
ratio		 8.7x P/Sales
ratio		 2.0x
P/BV
ratio		 0.9x Div.
yield		 4.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Invesco KBW Bank Portfolio is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that generally correspond (before fees and expenses) to the price and yield of the KBW Bank Index (the "Underlying Index"). The Fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index.

FUND BASICS
Category US Equities
Fund Sponsor Invesco PowerShares
Website www.powershares.com
Inception date Nov 01, 2011
Assets (mns) $1,714
Currency USD
Expense ratio 35 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Tiered
Index replication n/a
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 24
Wgt avg mkt cap (mns) $104,976
Large cap (>$10bn) 92.2%
Mid cap ($2-10bn) 7.8%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
JPMORGAN CHASE & CO 8.1 %
MORGAN STANLEY 8.0 %
WELLS FARGO & CO 8.0 %
GOLDMAN SACHS GROUP INC 7.8 %
BANK OF AMERICA CORP 7.7 %
US BANCORP 4.4 %
FIFTH THIRD BANCORP 4.2 %
BANK OF NEW YORK MELLON CORP 4.2 %
PNC FINANCIAL SERVICES GROUP 4.0 %
M & T BANK CORP 4.0 %
Total 60.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 100.0 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-17.2% -20.3% -3.2% 5.1% 9.3%

Market Correlations
versus... Beta R-squared
S&P500 0.97 33%
MSCI EAFE 1.04 40%
MSCI Emg. Mkts. 0.89 28%

Technical Indicators
Recent close $40.60
30d moving avg. $42.50
Annualized volatility 30.3%
Short interest (ETF) 2.2%
Short interest (Underlying) 1.4%
Relative strength (RSI) 39

Liquidity measures
Avg. volume (thou.) 1,022
Turnover 2.4%
Bid/Ask (% of price) 0.02%
ADV underlying (mns) $5,598

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 412 potential alternatives to the Invesco KBW Bank ETF ETF based on the alternatives' overlap in portfolio holdings with KBWB. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: KBWB Expense: 35 bp ALTAR Score™: 11.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH KBWB
Ticker Fund
Name		 Overlap1
vs KBWB
(%)		 Expense
ratio
(bp)		 Savings
vs KBWB
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs KBWB
(%)
FTXO First Trust Nasdaq Bank ETF 56.2 60 -25 12.3 +0.7
IAT iShares U.S. Regional Banks ETF 41.2 40 -5 13.1 +1.5
DFNL Davis Select Financial ETF 40.1 63 -28 8.9 -2.7
IYG iShares US Financial Services ETF 37.9 39 -4 7.6 -4.1
IYF iShares U.S. Financials ETF 32.0 39 -4 7.6 -4.0
XLF Financial Select Sector SPDR Fund 29.8 10 25 7.2 -4.5
SPVU Invesco S&P 500 Enhanced Value ETF 29.2 13 22 11.4 -0.2
KBE SPDR S&P Bank ETF 28.3 35 0 13.0 +1.4
RSPF Invesco S&P 500 Equal Weight Financials ETF 28.0 40 -5 8.7 -2.9
FXO First Trust Financials AlphaDEX Fund 27.2 62 -27 12.0 +0.4
VFH Vanguard Financials Index Fund 27.0 10 25 7.7 -3.9
FNCL Fidelity MSCI Financials Index ETF 26.6 8 27 7.8 -3.9
RDIV Invesco S&P Ultra Dividend Revenue ETF 21.3 39 -4 13.5 +1.9
DUSA Davis Select U.S. Equity ETF 19.4 61 -26 9.0 -2.7
RDVY First Trust Rising Dividend Achievers ETF 19.4 50 -15 10.1 -1.5
EQRR ProShares Equities for Rising Rates ETF 18.2 35 0 9.1 -2.5
IXG iShares Global Financials ETF 17.1 42 -7 8.6 -3.1
SPYD SPDR S&P 500 High Dividend ETF 16.7 7 28 11.5 -0.2
IAI iShares U.S. Broker-Dealers ETF 15.9 40 -5 8.1 -3.6
KRE SPDR S&P Regional Banking ETF 15.7 35 0 12.0 +0.3
PWV Invesco Dynamic Large Cap Value ETF 14.9 58 -23 9.6 -2.0
FDL First Trust Morningstar Dividend Leaders Index Fund 14.9 45 -10 11.5 -0.2
REVS Columbia Research Enhanced Value ETF 14.3 19 16 8.8 -2.9
FTA First Trust Large Cap Value AlphaDEX Fund 13.9 59 -24 10.3 -1.3
DFLV Dimensional US Large Cap Value ETF 12.8 22 13 9.2 -2.5
RAFE PIMCO RAFI ESG U.S. ETF 11.3 29 6 8.3 -3.3
STXV Strive 1000 Value ETF 11.3 18 17 8.5 -3.2
NUDV Nuveen ESG Dividend ETF 11.2 26 9 8.0 -3.7
DFUV Dimensional US Marketwide Value ETF 10.8 22 13 8.8 -2.9
UDI USCF Dividend Income Fund 10.8 65 -30 8.2 -3.4
FBCV Fidelity Blue Chip Value ETF 10.7 59 -24 7.5 -4.2
VYM Vanguard High Dividend Yield Index ETF 10.7 6 29 8.3 -3.4
ICAP InfraCap Equity Income Fund ETF 10.7 171 -136 10.4 -1.2
JAVA JPMorgan Active Value ETF 10.5 44 -9 6.9 -4.7
IWX iShares Russell Top 200 Value ETF 10.3 20 15 7.3 -4.4
PEY Invesco High Yield Equity Dividend Achievers ETF 10.3 53 -18 9.4 -2.2
SNPV Xtrackers S&P ESG Value ETF 10.2 15 20 6.8 -4.8
DIVB iShares Core Dividend 10.0 5 30 9.1 -2.6
WBIY WBI Power Factor High Dividend ETF 9.8 70 -35 13.5 +1.8
DGRO iShares Core Dividend Growth ETF 9.8 8 27 7.4 -4.3
USVT US Value ETF 9.7 49 -14 11.8 +0.2
PY Principal Shareholder Yield Index ETF 9.6 15 20 8.6 -3.1
DURA VanEck Morningstar Durable Dividend ETF 9.5 29 6 8.2 -3.5
MGV Vanguard Mega Cap Value ETF 9.4 7 28 7.7 -4.0
VLU SPDR S&P 1500 Value Tilt ETF 9.4 12 23 8.4 -3.3
DIA SPDR Dow Jones Industrial Average ETF Trust 9.4 16 19 6.5 -5.1
NULV Nuveen ESG Large-Cap Value ETF 9.3 26 9 8.0 -3.7
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 9.2 35 0 9.5 -2.2
DHS WisdomTree U.S. High Dividend Fund 9.1 38 -3 9.9 -1.7
RPV Invesco S&P 500 Pure Value ETF 9.0 35 0 12.3 +0.7
DVND Touchstone Dividend Select ETF 8.8 67 -32 7.0 -4.6
DWLD Davis Select Worldwide ETF 8.8 62 -27 7.5 -4.2
EQWL Invesco Russell Top 200 Equal Weight ETF 8.8 25 10 7.5 -4.2
VOOV Vanguard S&P 500 Value ETF 8.7 10 25 6.6 -5.0
IVE iShares S&P 500 Value ETF 8.7 18 17 6.5 -5.1
SPYV SPDR Portfolio S&P 500 Value ETF 8.6 4 31 6.7 -5.0
DYNF BlackRock U.S. Equity Factor Rotation ETF 8.6 30 5 6.0 -5.6
EVUS iShares ESG Aware MSCI USA Value ETF 8.6 18 17 7.8 -3.8
VTV Vanguard Value Index Fund 8.4 4 31 7.9 -3.8
BBLU EA Bridgeway Blue Chip ETF 8.3 15 20 6.3 -5.4
IUSV iShares Core S&P U.S. Value ETF 8.2 4 31 6.9 -4.8
VLUE iShares MSCI USA Value Factor ETF 8.1 15 20 12.0 +0.3
DVY iShares Select Dividend ETF 8.1 38 -3 10.2 -1.4
VFVA Vanguard U.S. Value Factor ETF 8.1 13 22 11.8 +0.1
DLN WisdomTree U.S. LargeCap Dividend Fund 8.1 28 7 7.2 -4.5
WKLY SoFi Weekly Dividend ETF 8.0 49 -14 8.7 -3.0
ILCV iShares Morningstar Value ETF 7.9 4 31 7.8 -3.9
SPVM Invesco S&P 500 Value with Momentum ETF 7.8 39 -4 9.8 -1.9
FAB First Trust Multi Cap Value AlphaDEX Fund 7.8 67 -32 11.2 -0.4
KCE SPDR S&P Capital Markets ETF 7.8 35 0 8.4 -3.3
FNDX Schwab Fundamental U.S. Large Co. Index ETF 7.7 25 10 7.8 -3.8
PRF Invesco FTSE RAFI US 1000 ETF 7.7 39 -4 7.7 -3.9
VONV Vanguard Russell 1000 Value Index Fund 7.7 8 27 7.6 -4.0
IWD iShares Russell 1000 Value ETF 7.6 19 16 7.5 -4.2
DJD Invesco Dow Jones Industrial Average Dividend ETF 7.6 7 28 10.1 -1.5
FOVL iShares Focused Value Factor ETF 7.6 25 10 11.9 +0.2
SPHB Invesco S&P 500 High Beta ETF 7.5 25 10 6.3 -5.4
ALTL Pacer Lunt Large Cap Alternator ETF 7.5 60 -25 6.0 -5.7
SCHV Schwab U.S. Large-Cap Value ETF 7.5 4 31 7.6 -4.1
MOAT VanEck Morningstar Wide Moat ETF 7.5 46 -11 6.5 -5.2
RECS Columbia Research Enhanced Core ETF 7.2 15 20 6.8 -4.9
FDVV Fidelity Core Dividend ETF 7.2 29 6 9.9 -1.7
MOTG VanEck Morningstar Global Wide Moat ETF 7.2 52 -17 7.2 -4.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 7.2 25 10 7.8 -3.9
DTD WisdomTree U.S.Total Dividend Fund 7.0 28 7 7.5 -4.1
FEX First Trust Large Cap Core AlphaDEX Fund 7.0 59 -24 7.3 -4.4
FVAL Fidelity Value Factor ETF 6.9 29 6 8.5 -3.2
EDOW First Trust Dow 30 Equal Weight ETF 6.9 50 -15 7.4 -4.3
ITAN Sparkline Intangible Value ETF 6.9 50 -15 7.1 -4.6
FUNL CornerCap Fundametrics Large-Cap ETF 6.9 50 -15 8.4 -3.2
DEW WisdomTree Global High Dividend Fund 6.9 58 -23 10.2 -1.4
EPS WisdomTree U.S. Earnings 500 Fund 6.8 8 27 7.3 -4.3
AIVL WisdomTree U.S. AI Enhanced Value Fund 6.8 38 -3 7.3 -4.3
SPDV AAM S&P 500 High Dividend Value ETF 6.5 29 6 12.2 +0.5
MAGA Point Bridge GOP Stock Tracker ETF 6.4 72 -37 7.0 -4.7
RSPE Invesco ESG S&P 500 Equal Weight ETF 6.3 20 15 7.8 -3.8
BLKC Invesco Alerian Galaxy Blockchain Users and Decentralized Co 6.3 61 -26 2.3 -9.3
ESG FlexShares STOXX US ESG Impact Index Fund 6.1 32 3 5.7 -6.0
AVLV Avantis U.S. Large Cap Value ETF 5.9 15 20 8.9 -2.8
FPAG FPA Global Equity ETF 5.8 49 -14 6.1 -5.5
SHE SPDR SSGA Gender Diversity Index ETF 5.8 20 15 6.1 -5.6
PKW Invesco Buyback Achievers ETF 5.8 64 -29 9.2 -2.5
DIVY Sound Equity Income ETF 5.8 45 -10 10.9 -0.8
CVY Invesco Zacks Multi-Asset Income ETF 5.7 100 -65 12.1 +0.4
QLC FlexShares US Quality Large Cap Index Fund 5.7 25 10 6.8 -4.9
FDRR Fidelity Dividend ETF for Rising Rates 5.7 29 6 9.0 -2.7
RNDV US Equity Dividend Select ETF 5.6 50 -15 10.4 -1.3
DIVD Altrius Global Dividend ETF 5.6 49 -14 11.9 +0.2
RWL Invesco S&P 500 Revenue ETF 5.5 39 -4 7.6 -4.1
DGRW WisdomTree U.S. Quality Dividend Growth Fund 5.5 28 7 6.6 -5.1
FLV American Century Focused Large Cap Value ETF 5.5 42 -7 7.2 -4.5
SIXA 6 Meridian Mega Cap Equity ETF 5.5 80 -45 7.9 -3.7
MOTE VanEck Morningstar ESG Moat ETF 5.5 49 -14 6.5 -5.2
EQUL IQ Engender Equality ETF 5.4 45 -10 7.8 -3.9
IMCV iShares Morningstar Mid-Cap Value ETF 5.4 6 29 9.2 -2.5
SPXT ProShares S&P 500 Ex-Technology ETF 5.4 9 26 6.5 -5.2
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 5.3 12 23 5.4 -6.2
WOMN Impact Shares YWCA Women's Empowerment ETF 5.3 75 -40 5.5 -6.1
ONEY SPDR Russell 1000 Yield Focus ETF 5.3 20 15 11.6 -0.0
SCHD Schwab U.S. Dividend Equity ETF 5.1 6 29 9.5 -2.1
BRNY Burney U.S. Factor Rotation ETF 5.0 79 -44 6.7 -5.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 5.0 20 15 5.8 -5.8
RFFC RiverFront Dynamic US Flex-Cap ETF 5.0 48 -13 5.8 -5.9
HDV iShares Core High Dividend ETF 5.0 8 27 9.5 -2.2
MDLV Morgan Dempsey Large Cap Value ETF 4.9 58 -23 9.8 -1.9
OEF iShares S&P 100 ETF 4.9 20 15 5.6 -6.0
YPS Arrow Reverse Cap 500 ETF 4.9 29 6 6.9 -4.8
LEGR First Trust Indxx Innovative Transaction & Process ETF 4.8 65 -30 9.8 -1.9
YLDE ClearBridge Dividend Strategy ESG ETF 4.8 60 -25 6.1 -5.5
BKUS BNY Mellon Sustainable US Equity ETF 4.8 50 -15 5.4 -6.2
VIG Vanguard Dividend Appreciation Index Fund 4.7 6 29 6.3 -5.3
PFM Invesco Dividend Achievers ETF 4.7 53 -18 6.5 -5.2
CLRG IQ Chaikin U.S. Large Cap ETF 4.7 25 10 7.3 -4.4
DVLU First Trust Dorsey Wright Momentum & Value ETF 4.6 60 -25 11.2 -0.4
FDWM Fidelity Women's Leadership ETF 4.6 59 -24 6.0 -5.6
KVLE KFA Value Liner Dynamic Core Equity Index ETF 4.6 56 -21 7.1 -4.5
NUMV Nuveen ESG Mid-Cap Value ETF 4.6 31 4 9.2 -2.4
SPXV ProShares S&P 500 Ex-Health Care ETF 4.5 9 26 5.7 -5.9
FSST Fidelity Sustainability U.S. Equity ETF 4.5 59 -24 5.8 -5.8
CVAR Cultivar ETF 4.4 87 -52 8.9 -2.8
USCA Xtrackers MSCI USA Climate Action Equity ETF 4.4 7 28 6.0 -5.6
LCF Touchstone US Large Cap Focused ETF 4.4 69 -34 5.0 -6.6
SNPE Xtrackers S&P 500 ESG ETF 4.3 10 25 6.1 -5.6
NACP Impact Shares NAACP Minority Empowerment ETF 4.3 49 -14 5.8 -5.9
QVML Invesco S&P 500 QVM Multi-factor ETF 4.2 11 24 6.2 -5.4
VOE Vanguard Mid-Cap Value Index Fund 4.2 7 28 8.6 -3.1
AVUS Avantis U.S. Equity ETF 4.2 15 20 7.0 -4.7
CZA Invesco Zacks Mid-Cap ETF 4.2 69 -34 7.4 -4.3
RSP Invesco S&P 500 Equal Weight ETF 4.2 20 15 7.3 -4.4
QUS SPDR MSCI USA StrategicFactors ETF 4.1 15 20 6.8 -4.9
SPXE ProShares S&P 500 Ex-Energy ETF 4.1 9 26 6.1 -5.6
MGC Vanguard Mega Cap Index Fund 4.1 7 28 5.8 -5.9
MBOX Freedom Day Dividend ETF 4.1 39 -4 8.5 -3.1
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 4.1 68 -33 4.7 -7.0
IWL iShares Russell Top 200 ETF 4.1 15 20 5.7 -6.0
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 4.1 20 15 5.9 -5.7
ESGU iShares MSCI USA ESG Optimized ETF 4.1 15 20 6.0 -5.7
JVAL JPMorgan U.S. Value Factor ETF 4.0 12 23 9.6 -2.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 4.0 29 6 7.7 -4.0
LCTU BlackRock U.S. Carbon Transition Readiness ETF 4.0 14 21 6.0 -5.7
JHML John Hancock Multifactor Large Cap ETF 4.0 29 6 6.5 -5.2
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 4.0 10 25 6.4 -5.2
GPAL Goldman Sachs ActiveBeta Paris-Aligned Climate U.S. Large Ca 4.0 20 15 6.7 -4.9
KRMA Global X Conscious Companies ETF 4.0 43 -8 6.5 -5.1
ESGG FlexShares STOXX Global ESG Impact Index Fund 4.0 42 -7 6.6 -5.1
CATH Global X S&P 500 Catholic Values Custom ETF 4.0 29 6 5.9 -5.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 3.9 9 26 7.1 -4.6
SPY SPDR S&P 500 ETF Trust 3.9 9 26 6.0 -5.6
IVV iShares Core S&P 500 ETF 3.9 3 32 6.1 -5.6
ADME Aptus Drawdown Managed Equity ETF 3.9 79 -44 5.1 -6.6
BKLC BNY Mellon US Large Cap Core Equity ETF 3.9 0 35 5.8 -5.9
FMIL Fidelity New Millennium ETF 3.9 59 -24 6.3 -5.4
SPLG SPDR Portfolio S&P 500 ETF 3.9 2 33 6.1 -5.5
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 3.9 7 28 5.9 -5.7
VOO VANGUARD S&P 500 ETF 3.9 3 32 6.1 -5.6
GVIP Goldman Sachs Hedge Industry VIP ETF 3.9 45 -10 4.6 -7.1
XVV iShares ESG Screened S&P 500 ETF 3.9 8 27 6.0 -5.7
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 3.8 60 -25 6.5 -5.1
RESP WisdomTree US ESG Fund of Benef Interest 3.8 28 7 6.9 -4.7
HLGE Hartford Longevity Economy ETF 3.8 44 -9 8.9 -2.8
VOTE Engine No. 1 Transform 500 ETF 3.8 5 30 5.9 -5.7
VDNI V-Shares US Leadership Diversity ETF 3.8 29 6 6.3 -5.4
HOMZ Hoya Capital Housing ETF 3.8 30 5 9.8 -1.9
IOO iShares Global 100 ETF 3.8 41 -6 6.2 -5.5
STRV Strive 500 ETF 3.8 5 30 5.9 -5.7
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 3.8 15 20 12.5 +0.8
VV Vanguard Large-Cap Index Fund 3.8 4 31 6.0 -5.7
XLG Invesco S&P 500 Top 50 ETF 3.8 20 15 5.2 -6.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 3.8 2 33 6.0 -5.7
PBUS Invesco PureBeta MSCI USA ETF 3.7 4 31 6.0 -5.6
ILCB iShares Morningstar U.S. Equity ETF 3.7 3 32 6.0 -5.6
SCHX Schwab U.S. Large-Cap ETF 3.7 3 32 6.0 -5.6
ESGV Vanguard ESG U.S. Stock ETF 3.7 9 26 5.8 -5.8
SPTM SPDR Portfolio Total Stock Market ETF 3.7 3 32 6.3 -5.4
FCTR First Trust Lunt U.S. Factor Rotation ETF 3.7 65 -30 3.6 -8.0
LVHD Legg Mason Low Volatility High Dividend ETF 3.7 27 8 9.5 -2.2
JCTR JPMorgan Carbon Transition U.S. Equity ETF 3.7 15 20 5.7 -6.0
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 3.6 15 20 6.1 -5.6
SCHK Schwab 1000 Index ETF 3.6 5 30 6.1 -5.6
IWB iShares Russell 1000 ETF 3.6 15 20 5.9 -5.8
PFI Invesco DWA Financial Momentum ETF 3.6 60 -25 5.2 -6.5
IYY iShares Dow Jones U.S. ETF 3.6 20 15 5.9 -5.8
VONE Vanguard Russell 1000 ETF 3.6 8 27 6.0 -5.7
LRGF iShares Edge MSCI Multifactor USA ETF 3.6 8 27 7.0 -4.6
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 3.6 11 24 6.0 -5.7
FLDZ RiverNorth Volition America Patriot ETF 3.6 75 -40 6.6 -5.0
KRUZ Unusual Whales Subversive Republican Trading ETF 3.6 75 -40 4.9 -6.8
SFY SoFi Select 500 ETF 3.5 0 35 5.7 -5.9
SDOG ALPS Sector Dividend Dogs ETF 3.5 36 -1 12.0 +0.3
DFUS Dimensional U.S. Equity ETF 3.5 9 26 5.9 -5.7
SCHB Schwab U.S. Broad Market ETF 3.4 3 32 6.0 -5.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 3.4 3 32 5.9 -5.8
IWV iShares Russell 3000 ETF 3.4 20 15 5.7 -5.9
VTHR Vanguard Russell 3000 Index Fund 3.4 10 25 5.8 -5.8
VTI Vanguard Total Stock Market Index Fund 3.4 3 32 5.8 -5.8
RVRB Reverb ETF 3.4 30 5 5.9 -5.8
HDUS Hartford Disciplined US Equity ETF 3.4 19 16 7.1 -4.6
AIEQ AI Powered Equity ETF 3.3 75 -40 5.4 -6.3
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 3.3 25 10 6.7 -4.9
NULC Nuveen ESG Large-Cap ETF 3.3 21 14 6.1 -5.6
SSPY Syntax Stratified LargeCap ETF 3.3 30 5 7.5 -4.2
CFA VictoryShares US 500 Volatility Weighted Index ETF 3.3 35 0 7.1 -4.5
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 3.3 36 -1 7.1 -4.5
SIZE iShares MSCI USA Size Factor ETF 3.2 15 20 7.0 -4.7
BFOR Barron's 400 ETF 3.2 65 -30 8.9 -2.8
EUSA iShares MSCI USA Equal Weighted ETF 3.2 9 26 7.1 -4.6
SUSA iShares MSCI USA ESG Select ETF 3.2 25 10 6.2 -5.5
ROCI ROC ETF 3.2 49 -14 5.4 -6.3
RFDA RiverFront Dynamic US Dividend Advantage ETF 3.1 52 -17 8.9 -2.8
RNLC Large Cap US Equity Select ETF 3.1 60 -25 7.6 -4.0
BUZZ VanEck Social Sentiment ETF 3.1 75 -40 1.2 -10.5
DIVZ TrueShares Low Volatility Equity Income ETF 3.1 65 -30 9.6 -2.1
DFAU Dimensional US Core Equity Market ETF 3.0 12 23 6.1 -5.5
FNK First Trust Mid Cap Value AlphaDEX Fund 3.0 70 -35 12.4 +0.8
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 3.0 60 -25 11.5 -0.2
DFAC Dimensional U.S. Core Equity 2 ETF 3.0 17 18 6.7 -5.0
GSPY Gotham Enhanced 500 ETF 2.9 50 -15 6.3 -5.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 2.9 9 26 6.5 -5.2
ZECP Zacks Earnings Consistent Portfolio ETF 2.9 55 -20 6.2 -5.4
BPAY BlackRock Future Financial and Technology ETF 2.9 70 -35 10.6 -1.1
CGUS Capital Group Core Equity ETF 2.9 33 2 5.8 -5.8
IWS iShares Russell Mid-Cap Value ETF 2.9 23 12 7.8 -3.9
DGT SPDR Global Dow ETF 2.9 50 -15 7.6 -4.1
STLV iShares Factors US Value Style ETF 2.9 25 10 9.6 -2.1
ACVF American Conservative Values ETF 2.8 75 -40 5.2 -6.4
DFSU Dimensional US Sustainability Core 1 ETF 2.8 18 17 6.8 -4.9
MMTM SPDR S&P 1500 Momentum Tilt ETF 2.8 12 23 5.6 -6.1
KOKU Xtrackers MSCI Kokusai Equity ETF 2.8 9 26 6.6 -5.1
TOK iShares MSCI Kokusai ETF 2.8 25 10 6.4 -5.3
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 2.7 60 -25 8.6 -3.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 2.7 9 26 6.8 -4.9
IMCB iShares Morningstar Mid-Cap ETF 2.7 4 31 7.1 -4.6
BKMC BNY Mellon US Mid Cap Core Equity ETF 2.7 4 31 7.0 -4.6
SMOT VanEck Morningstar SMID Moat ETF 2.6 49 -14 7.8 -3.9
NANC Unusual Whales Subversive Democratic Trading ETF 2.6 75 -40 4.9 -6.7
URTH iShares MSCI World ETF 2.6 24 11 6.5 -5.1
HAPI Harbor Corporate Culture ETF 2.6 36 -1 5.6 -6.1
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 2.5 12 23 6.2 -5.4
ACSI American Customer Satisfaction Core Alpha ETF 2.5 65 -30 6.3 -5.4
NTZG Nuveen Global Net Zero Transition ETF 2.5 55 -20 5.5 -6.1
IQSU IQ Candriam ESG US Equity ETF 2.4 9 26 5.5 -6.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 2.4 20 15 7.0 -4.6
JHMM John Hancock Multifactor Mid Cap ETF 2.4 41 -6 7.8 -3.9
HKND Humankind US Stock ETF 2.3 11 24 7.4 -4.3
GDVD R3 Global Dividend Growth ETF 2.3 88 -53 7.3 -4.4
ACWI iShares MSCI ACWI ETF 2.3 32 3 6.6 -5.1
USXF iShares ESG Advanced MSCI USA ETF 2.3 10 25 5.8 -5.8
QDF FlexShares Quality Dividend Index Fund 2.3 37 -2 7.8 -3.9
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 2.3 35 0 9.3 -2.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 2.2 75 -40 6.4 -5.2
QWLD SPDR MSCI World StrategicFactors ETF 2.2 30 5 7.7 -4.0
VO Vanguard Mid-Cap Index Fund 2.1 4 31 6.9 -4.8
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 2.1 60 -25 4.6 -7.1
VT Vanguard Total World Stock ETF 2.1 7 28 6.8 -4.9
TMFC Motley Fool 100 Index ETF 2.1 50 -15 4.5 -7.1
IWR iShares Russell Midcap ETF 2.0 18 17 6.7 -4.9
JPUS JPMorgan Diversified Return U.S. Equity ETF 2.0 18 17 8.9 -2.8
SATO Invesco Alerian Galaxy Crypto Economy ETF 2.0 61 -26 -20.1 -31.7
FLLV Franklin Liberty U.S. Low Volatility ETF 2.0 29 6 6.5 -5.2
GLOF iShares Global Equity Factor ETF 2.0 20 15 9.1 -2.6
AFLG First Trust Active Factor Large Cap ETF 2.0 55 -20 7.6 -4.1
YALL God Bless America ETF 2.0 65 -30 3.9 -7.8
AHOY Newday Ocean Health ETF 1.9 75 -40 6.5 -5.2
GVLU Gotham 1000 Value ETF 1.9 50 -15 9.7 -1.9
SUSL iShares ESG MSCI USA Leaders ETF 1.9 10 25 6.0 -5.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 1.9 10 25 6.1 -5.6
RYJ Invesco Raymond James SB-1 Equity ETF 1.8 81 -46 4.3 -7.3
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 1.8 20 15 9.3 -2.3
KOCG FIS Knights of Columbus Global Belief ETF 1.8 75 -40 7.6 -4.0
DSI iShares MSCI KLD 400 Social ETF 1.7 25 10 6.0 -5.6
ESGS Columbia Sustainable U.S. Equity Income ETF 1.7 35 0 7.3 -4.4
ROUS Hartford Multifactor US Equity ETF 1.7 19 16 8.4 -3.2
DEMZ Advisors Inner Circle Fund III DEMZ Political Contributions 1.7 45 -10 6.1 -5.6
TIME Clockwise Capital Innovation ETF 1.7 96 -61 2.8 -8.9
QDEF FlexShares Quality Dividend Defensive Index Fund 1.7 37 -2 7.5 -4.2
FDLO Fidelity Low Volatility Factor ETF 1.7 29 6 5.9 -5.8
GDIV Harbor Dividend Growth Leaders ETF 1.7 50 -15 6.8 -4.9
SRHQ SRH U.S. Quality ETF 1.7 35 0 9.2 -2.5
WLDR Affinity World Leaders Equity ETF 1.6 67 -32 9.4 -2.2
EQAL Invesco Russell 1000 Equal Weight ETF 1.6 20 15 7.3 -4.3
PABU iShares Paris-Aligned Climate MSCI USA ETF 1.6 10 25 5.4 -6.2
VSLU Applied Finance Valuation Large Cap ETF 1.6 49 -14 6.7 -5.0
BITQ Bitwise Crypto Industry Innovators ETF 1.6 85 -50 -23.8 -35.4
FNX First Trust Mid Cap Core AlphaDEX Fund 1.5 59 -24 8.5 -3.2
GURU Global X Guru Index ETF 1.5 75 -40 5.1 -6.5
FDMO Fidelity Momentum Factor ETF 1.5 29 6 4.3 -7.3
ARB AltShares Merger Arbitrage ETF 1.5 76 -41 7.5 -4.2
VMAT V-Shares MSCI World ESG Materiality and Carbon Transition ET 1.5 39 -4 6.5 -5.1
NZUS SPDR MSCI USA Climate Paris Aligned ETF 1.5 10 25 5.5 -6.2
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 1.5 24 11 9.3 -2.3
JHDV John Hancock U.S. High Dividend ETF 1.4 34 1 7.4 -4.2
VEGN US Vegan Climate ETF 1.4 60 -25 5.4 -6.2
CGDV Capital Group Dividend Value ETF 1.4 33 2 6.7 -5.0
FLQL Franklin LibertyQ U.S. Equity ETF 1.4 15 20 7.5 -4.1
GDEF Goldman Sachs Defensive Equity ETF 1.3 55 -20 5.2 -6.5
NUSC Nuveen ESG Small-Cap ETF 1.3 31 4 6.3 -5.3
DON WisdomTree U.S. MidCap Dividend Fund 1.3 38 -3 9.8 -1.9
QDIV Global X S&P 500 Quality Dividend ETF 1.3 20 15 9.9 -1.8
BLES Inspire Global Hope Large Cap ETF 1.3 61 -26 7.3 -4.4
WGRO WisdomTree U.S. Growth & Momentum Fund 1.3 55 -20 7.5 -4.2
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 1.2 50 -15 4.0 -7.6
FVD First Trust Value Line Dividend Index Fund 1.2 65 -30 6.9 -4.8
CGGR Capital Group Growth ETF 1.2 39 -4 4.0 -7.6
XMHQ Invesco S&P MidCap Quality ETF 1.2 25 10 9.4 -2.3
VBR Vanguard Small Cap Value Index Fund 1.1 7 28 9.4 -2.2
WCEO Hypatia Women CEO ETF 1.1 85 -50 6.4 -5.2
DEIF Sterling Capital Diverse Multi-Manager Active ETF 1.1 65 -30 7.2 -4.5
GRPM Invesco S&P MidCap 400 GARP ETF 1.1 35 0 11.9 +0.3
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 1.1 25 10 8.8 -2.9
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 1.1 49 -14 6.2 -5.5
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 1.0 101 -66 0.8 -10.9
ISMD Inspire Small/Mid Cap Impact ETF 1.0 54 -19 5.7 -5.9
BOSS Global X Founder-Run Companies ETF 1.0 45 -10 3.4 -8.2
SFYX Sofi Next 500 ETF 1.0 0 35 6.3 -5.4
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.9 29 6 11.2 -0.5
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.9 15 20 8.9 -2.8
DBLV AdvisorShares DoubleLine Value Equity ETF 0.9 91 -56 8.8 -2.9
ISCV iShares Morningstar Small Cap Value ETF 0.9 6 29 9.2 -2.4
SQEW LeaderShares Equity Skew ETF 0.9 75 -40 5.9 -5.7
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 0.9 17 18 6.4 -5.3
RAYD Rayliant Quantitative Developed Market Equity ETF 0.9 80 -45 9.0 -2.6
IQSM IQ Candriam ESG U.S. Mid Cap Equity ETF 0.8 15 20 7.2 -4.5
JMOM JPMorgan U.S. Momentum Factor ETF 0.8 12 23 6.2 -5.5
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.8 61 -26 7.9 -3.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.8 30 5 8.8 -2.8
JGRO JPMorgan Active Growth ETF 0.8 44 -9 4.1 -7.6
EZM WisdomTree U.S. MidCap Earnings Fund 0.8 38 -3 11.3 -0.4
SCHM Schwab U.S. Mid-Cap ETF 0.8 4 31 6.9 -4.8
SPGP Invesco S&P 500 GARP ETF 0.8 36 -1 9.4 -2.2
RNMC Mid Cap US Equity Select ETF 0.8 60 -25 8.9 -2.7
SPMV Invesco S&P 500 Minimum Variance ETF 0.8 10 25 6.2 -5.4
IYJ iShares U.S. Industrials ETF 0.8 39 -4 5.8 -5.8
AUSF Global X Adaptive U.S. Factor ETF 0.7 27 8 6.4 -5.3
VFMO Vanguard U.S. Momentum Factor ETF 0.7 13 22 2.8 -8.9
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.7 7 28 6.0 -5.7
XJH iShares ESG Screened S&P Mid-Cap ETF 0.7 12 23 8.3 -3.4
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.7 15 20 7.4 -4.3
IJK iShares S&P Mid-Cap 400 Growth ETF 0.7 17 18 7.3 -4.3
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.7 15 20 7.3 -4.3
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 0.7 15 20 6.4 -5.3
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.7 15 20 8.3 -3.3
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 0.7 30 5 9.3 -2.4
FQAL Fidelity Quality Factor ETF 0.7 29 6 6.2 -5.5
VB Vanguard Small-Cap ETF 0.6 5 30 6.3 -5.4
MDY SPDR S&P Midcap 400 ETF Trust 0.6 23 12 8.2 -3.5
JEPI JPMorgan Equity Premium Income ETF 0.6 35 0 5.9 -5.8
ONEO SPDR Russell 1000 Momentum Focus ETF 0.6 20 15 8.1 -3.6
TPHE Timothy Plan High Dividend Stock Enhanced ETF 0.6 54 -19 7.4 -4.2
TPHD Timothy Plan High Dividend Stock ETF 0.6 52 -17 7.0 -4.7
IJH iShares Core S&P Mid-Cap ETF 0.6 5 30 8.4 -3.3
IVOO Vanguard S&P Mid-Cap 400 ETF 0.6 10 25 8.3 -3.4
SPMD SPDR Portfolio Mid Cap ETF 0.6 3 32 8.4 -3.3
STXK Strive Small-Cap ETF 0.6 18 17 5.9 -5.8
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.6 60 -25 6.6 -5.1
BKSE BNY Mellon US Small Cap Core Equity ETF 0.6 4 31 6.7 -5.0
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.6 24 11 9.1 -2.6
FCPI Fidelity Stocks for Inflation ETF 0.6 29 6 9.5 -2.2
CGGO Capital Group Global Growth Equity ETF 0.6 47 -12 4.7 -6.9
SMMD iShares Russell 2500 ETF 0.6 15 20 7.0 -4.7
IJJ iShares S&P Mid-Cap 400 Value ETF 0.5 18 17 9.5 -2.2
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.5 15 20 9.5 -2.2
DFSV Dimensional US Small Cap Value ETF 0.5 31 4 9.7 -2.0
MDYV SPDR S&P 400 Mid Cap Value ETF 0.5 15 20 9.5 -2.2
VFMF Vanguard U.S. Multifactor ETF 0.5 18 17 9.7 -2.0
WTV WisdomTree US Value Fund 0.5 12 23 9.1 -2.6
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.5 17 18 8.1 -3.5
JHSC John Hancock Multifactor Small Cap ETF 0.5 42 -7 7.2 -4.5
AFMC First Trust Active Factor Mid Cap ETF 0.5 65 -30 9.9 -1.7
ISCB iShares Morningstar Small-Cap ETF 0.5 4 31 6.0 -5.7
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.4 30 5 9.6 -2.1
VFQY Vanguard U.S. Quality Factor ETF 0.4 13 22 8.0 -3.7
DFAT Dimensional U.S. Targeted Value ETF 0.4 28 7 9.5 -2.2
TMFX Motley Fool Next Index ETF 0.4 50 -15 4.0 -7.7
USMV iShares Edge MSCI Min Vol USA ETF 0.3 15 20 6.5 -5.2
ETHO Etho Climate Leadership U.S. ETF 0.3 47 -12 5.6 -6.1
VXF Vanguard Extended Market Index Fund 0.3 6 29 4.4 -7.3
AVUV Avantis U.S. Small Cap Value ETF 0.3 25 10 10.7 -1.0
RWK Invesco S&P MidCap 400 Revenue ETF 0.3 39 -4 9.8 -1.8
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.3 21 14 4.2 -7.4
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.3 60 -25 7.9 -3.7
FSMD Fidelity Small-Mid Factor ETF 0.2 29 6 8.5 -3.2
TPLC Timothy Plan US Large Cap Core ETF 0.2 52 -17 6.7 -5.0
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.2 58 -23 6.7 -5.0
ACWV iShares MSCI Global Min Vol Factor ETF 0.2 20 15 9.1 -2.6
SMDY Syntax Stratified MidCap ETF 0.2 35 0 8.1 -3.5
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 15 8.9 -2.7
FTC First Trust Large Cap Growth AlphaDEX Fund 0.2 59 -24 4.5 -7.2
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.1 25 10 7.0 -4.7
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.1 63 -28 3.6 -8.1
DFAS Dimensional U.S. Small Cap ETF 0.1 26 9 7.0 -4.7
IUSG iShares Core S&P US Growth ETF 0.0 4 31 6.1 -5.5
QLV FlexShares US Quality Low Volatility Index Fund 0.0 22 13 6.0 -5.7

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

  2018 2019 2020 2021 2022 2023E 2024E
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
  2022 2023E 2024E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Invesco KBW Bank 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 10.4 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 11.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.56 CATEGORY
AVERAGE		 1.50
 
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.