Invesco KBW High Dividend Yield Financial ETF
ALTAR
Score™		 13.1% info Recommen-
dation		 SPECULATIVE
2023E    2024E
P/E
ratio		 7.2x P/Sales
ratio		 2.4x
P/BV
ratio		 0.7x Div.
yield		 12.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Invesco KBW High Dividend Yield Financial Portfolio seeks investment results that correspond (before fees and expenses) generally to the price and yield of the index called KBW Financial Sector Dividend Yield Index.

FUND BASICS
Category US Equities
Fund Sponsor Invesco PowerShares
Website www.powershares.com
Inception date Dec 02, 2010
Assets (mns) $354
Currency USD
Expense ratio 124 bp
Distributions Monthly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 39
Wgt avg mkt cap (mns) $2,690
Large cap (>$10bn) 4.8%
Mid cap ($2-10bn) 25.1%
Small cap (<$2bn) 69.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ARMOUR RESIDENTIAL REIT, INC. 4.6 %
ANNALY CAPITAL MANAGEMENT IN 4.4 %
ORCHID ISLAND CAPITAL INC 4.2 %
ELLINGTON FINANCIAL LLC 3.9 %
MFA FINANCIAL, INC. 3.7 %
READY CAPITAL CORPORATION 3.7 %
FS INVESTMENT CORP 3.6 %
PENNYMAC MORTGAGE INVESTMENT 3.2 %
TWO HARBORS INVESTMENT CORP. 3.2 %
AGNC INVESTMENT CORP. 3.2 %
Total 37.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 88.7 %
BRITAIN 1.6 %
BERMUDA 1.0 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
0.7% -12.7% -0.6% 3.2% 4.8%

Market Correlations
versus... Beta R-squared
S&P500 1.16 67%
MSCI EAFE 1.17 69%
MSCI Emg. Mkts. 0.87 38%

Technical Indicators
Recent close $15.01
30d moving avg. $14.27
Annualized volatility 25.6%
Short interest (ETF) 0.4%
Short interest (Underlying) 2.7%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 104
Turnover 0.4%
Bid/Ask (% of price) 0.13%
ADV underlying (mns) $412

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 376 potential alternatives to the Invesco KBW High Dividend Yield Financial ETF ETF based on the alternatives' overlap in portfolio holdings with KBWD. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: KBWD Expense: 124 bp ALTAR Score™: 13.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH KBWD
Ticker Fund
Name		 Overlap1
vs KBWD
(%)		 Expense
ratio
(bp)		 Savings
vs KBWD
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs KBWD
(%)
MORT VanEck Mortgage REIT Income ETF 32.3 41 83 13.5 +0.5
REM iShares Mortgage Real Estate ETF 20.9 48 76 15.2 +2.1
RIET Hoya Capital High Dividend Yield ETF 15.0 50 74 12.2 -0.8
BIZD VanEck BDC Income ETF 13.7 1,007 -883 3.6 -9.5
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 12.2 30 94 13.0 -0.0
SDIV Global X SuperDividend ETF 11.4 58 66 20.4 +7.3
DIV Global X SuperDividend US ETF 9.9 45 79 9.2 -3.8
PEX ProShares Global Listed Private Equity ETF 8.5 341 -217 11.8 -1.3
FXO First Trust Financials AlphaDEX Fund 8.0 61 63 11.9 -1.2
KCE SPDR S&P Capital Markets ETF 7.9 35 89 9.0 -4.0
ICAP InfraCap Equity Income Fund ETF 6.6 80 44 11.2 -1.9
WBIY WBI Power Factor High Dividend ETF 6.1 70 54 15.4 +2.4
RFDA RiverFront Dynamic US Dividend Advantage ETF 5.2 52 72 7.6 -5.5
OUSM ALPS O'Shares Russell Small Cap Quality Dividend ETF 5.1 48 76 8.0 -5.1
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 4.6 35 89 9.2 -3.9
WDIV SPDR Global Dividend ETF 4.3 40 84 11.5 -1.5
STLV iShares Factors US Value Style ETF 3.8 25 99 10.7 -2.4
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 3.6 15 109 12.8 -0.3
KBE SPDR S&P Bank ETF 3.5 35 89 12.5 -0.6
HOMZ Hoya Capital Housing ETF 3.4 30 94 9.5 -3.6
FNK First Trust Mid Cap Value AlphaDEX Fund 3.4 70 54 12.9 -0.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 3.3 57 67 15.5 +2.5
KRE SPDR S&P Regional Banking ETF 3.1 35 89 12.7 -0.3
PSCF Invesco S&P SmallCap Financials ETF 3.0 29 95 11.2 -1.9
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 2.9 38 86 11.3 -1.8
IAI iShares U.S. Broker-Dealers ETF 2.7 39 85 8.8 -4.3
USVT US Value ETF 2.7 49 75 12.3 -0.8
DIVZ TrueShares Low Volatility Equity Income ETF 2.6 65 59 8.9 -4.1
DIVY Sound Equity Income ETF 2.6 45 79 11.0 -2.1
KBWR Invesco KBW Regional Banking ETF 2.6 35 89 11.7 -1.4
ISCV iShares Morningstar Small Cap Value ETF 2.5 6 118 8.5 -4.6
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 2.4 60 64 6.2 -6.8
PEY Invesco High Yield Equity Dividend Achievers ETF 2.4 53 71 9.3 -3.8
DVY iShares Select Dividend ETF 2.4 39 85 10.3 -2.8
RFV Invesco S&P Midcap 400 Pure Value ETF 2.4 35 89 11.7 -1.4
EZM WisdomTree U.S. MidCap Earnings Fund 2.4 38 86 11.3 -1.7
CVAR Cultivar ETF 2.3 87 37 8.6 -4.5
AMID Argent Mid Cap ETF 2.2 52 72 9.3 -3.8
SQLV Legg Mason Small-Cap Quality Value 2.2 61 63 11.3 -1.7
IAT iShares U.S. Regional Banks ETF 2.2 39 85 13.1 0.0
AUSF Global X Adaptive U.S. Factor ETF 2.2 27 97 10.3 -2.8
JHDV John Hancock U.S. High Dividend ETF 2.0 34 90 8.3 -4.7
WCEO Hypatia Women CEO ETF 2.0 85 39 5.8 -7.3
VBR Vanguard Small Cap Value Index Fund 2.0 7 117 9.2 -3.9
NUMV Nuveen ESG Mid-Cap Value ETF 2.0 30 94 9.4 -3.7
QDF FlexShares Quality Dividend Index Fund 2.0 37 87 8.0 -5.1
IQSM IQ Candriam ESG U.S. Mid Cap Equity ETF 1.9 15 109 7.3 -5.8
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.8 60 64 12.1 -1.0
DES WisdomTree U.S. SmallCap Dividend Fund 1.8 38 86 9.9 -3.2
JHSC John Hancock Multifactor Small Cap ETF 1.8 42 82 7.1 -6.0
FNX First Trust Mid Cap Core AlphaDEX Fund 1.8 59 65 8.3 -4.7
HVAL ALPS Hillman Active Value ETF 1.8 55 69 7.6 -5.5
FDVV Fidelity Core Dividend ETF 1.8 29 95 11.1 -2.0
DFSV Dimensional US Small Cap Value ETF 1.7 31 93 9.5 -3.6
PSP Invesco Global Listed Private Equity ETF 1.7 144 -20 12.0 -1.0
DON WisdomTree U.S. MidCap Dividend Fund 1.7 38 86 9.8 -3.2
FDM First Trust Dow Jones Select Microcap Index Fund 1.7 60 64 9.3 -3.8
AVUV Avantis U.S. Small Cap Value ETF 1.7 25 99 11.2 -1.8
RNMC Mid Cap US Equity Select ETF 1.7 60 64 8.9 -4.1
MIDE Xtrackers S&P MidCap 400 ESG ETF 1.6 15 109 8.9 -4.2
SYLD Cambria Shareholder Yield ETF 1.6 59 65 12.8 -0.2
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.6 80 44 7.1 -6.0
ONEY SPDR Russell 1000 Yield Focus ETF 1.6 20 104 10.8 -2.3
DSMC Distillate Small/Mid Cash Flow ETF 1.6 55 69 13.7 +0.6
QDYN FlexShares Quality Dividend Dynamic Index Fund 1.6 37 87 8.7 -4.4
ACTV LeaderShares Activist Leaders ETF 1.6 75 49 12.3 -0.7
LVHD Legg Mason Low Volatility High Dividend ETF 1.5 27 97 9.6 -3.5
FDRR Fidelity Dividend ETF for Rising Rates 1.5 29 95 9.1 -4.0
IJJ iShares S&P Mid-Cap 400 Value ETF 1.5 18 106 9.4 -3.6
MDYV SPDR S&P 400 Mid Cap Value ETF 1.5 15 109 9.5 -3.6
RNSC Small Cap US Equity Select ETF 1.5 60 64 9.0 -4.1
IVOV Vanguard S&P Mid-Cap 400 Value ETF 1.5 15 109 9.5 -3.6
DFAT Dimensional U.S. Targeted Value ETF 1.5 29 95 9.5 -3.5
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.5 29 95 8.3 -4.8
GDIV Harbor Dividend Growth Leaders ETF 1.5 50 74 7.0 -6.1
JVAL JPMorgan U.S. Value Factor ETF 1.5 12 112 9.7 -3.4
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 1.5 30 94 6.0 -7.1
IPAY ETFMG Prime Mobile Payments ETF 1.4 75 49 7.7 -5.4
SCHM Schwab U.S. Mid-Cap ETF 1.4 4 120 6.5 -6.5
RZG Invesco S&P Smallcap 600 Pure Growth ETF 1.4 35 89 8.4 -4.6
STXK Strive Small-Cap ETF 1.4 18 106 5.4 -7.6
IWN iShares Russell 2000 Value ETF 1.3 23 101 6.3 -6.7
AIVL WisdomTree U.S. AI Enhanced Value Fund 1.3 38 86 7.4 -5.7
VFVA Vanguard U.S. Value Factor ETF 1.3 13 111 12.0 -1.1
SFYX Sofi Next 500 ETF 1.3 0 124 6.2 -6.9
VTWV Vanguard Russell 2000 Value Index Fund 1.3 15 109 6.1 -7.0
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 1.3 25 99 9.9 -3.2
BKSE BNY Mellon US Small Cap Core Equity ETF 1.3 4 120 6.1 -6.9
DHS WisdomTree U.S. High Dividend Fund 1.3 38 86 10.1 -2.9
FLDZ RiverNorth Volition America Patriot ETF 1.3 70 54 6.9 -6.2
FAB First Trust Multi Cap Value AlphaDEX Fund 1.3 69 55 11.4 -1.7
ISCB iShares Morningstar Small-Cap ETF 1.2 4 120 5.2 -7.9
FYT First Trust Small Cap Value AlphaDEX Fund 1.2 71 53 11.8 -1.3
RYJ Invesco Raymond James SB-1 Equity ETF 1.2 81 43 5.4 -7.7
SCHA Schwab U.S. Small-Cap ETF 1.2 4 120 5.6 -7.5
FNCL Fidelity MSCI Financials Index ETF 1.2 8 116 8.8 -4.3
VFH Vanguard Financials Index Fund 1.1 10 114 8.8 -4.3
IJS iShares S&P Small-cap 600 Value ETF 1.1 18 106 9.3 -3.8
SLYV SPDR S&P 600 Small Cap Value ETF 1.1 15 109 9.2 -3.8
VB Vanguard Small-Cap ETF 1.1 5 119 6.1 -7.0
FVAL Fidelity Value Factor ETF 1.1 29 95 9.2 -3.9
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 1.1 17 107 5.7 -7.4
PSC Principal U.S. Small Cap Index ETF 1.1 38 86 8.5 -4.5
HDUS Hartford Disciplined US Equity ETF 1.1 19 105 7.1 -6.0
KIE SPDR S&P Insurance ETF 1.1 35 89 8.6 -4.4
ALTL Pacer Lunt Large Cap Alternator ETF 1.1 60 64 6.3 -6.8
RYF Invesco S&P 500 Equal Weight Financials ETF 1.1 40 84 8.9 -4.2
SPHB Invesco S&P 500 High Beta ETF 1.1 25 99 5.7 -7.4
RDIV Invesco S&P Ultra Dividend Revenue ETF 1.1 39 85 14.2 +1.1
SDOG ALPS Sector Dividend Dogs ETF 1.1 40 84 11.5 -1.6
SPDV AAM S&P 500 High Dividend Value ETF 1.1 29 95 11.9 -1.2
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.1 9 115 4.7 -8.4
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 1.1 12 112 8.2 -4.9
SMDY Syntax Stratified MidCap ETF 1.1 35 89 8.1 -5.0
SVAL iShares US Small Cap Value Factor ETF 1.1 20 104 12.0 -1.1
VALQ American Century STOXX U.S. Quality Value ETF 1.1 29 95 10.0 -3.1
TPSC Timothy Plan US Small Cap Core ETF 1.0 52 72 8.7 -4.4
LRGF iShares Edge MSCI Multifactor USA ETF 1.0 8 116 7.1 -6.0
NUSC Nuveen ESG Small-Cap ETF 1.0 30 94 5.6 -7.5
FOVL iShares Focused Value Factor ETF 1.0 25 99 12.5 -0.6
ACSI American Customer Satisfaction Core Alpha ETF 1.0 65 59 6.1 -7.0
EQOP Natixis U.S. Equity Opportunities ETF 1.0 85 39 5.7 -7.3
XSLV Invesco S&P SmallCap Low Volatility ETF 1.0 25 99 7.8 -5.3
MOTE VanEck Morningstar ESG Moat ETF 1.0 49 75 6.3 -6.8
SPYD SPDR S&P 500 High Dividend ETF 1.0 7 117 11.1 -1.9
CVY Invesco Zacks Multi-Asset Income ETF 1.0 100 24 11.1 -1.9
SIXS 6 Meridian Small Cap Equity ETF 1.0 100 24 9.3 -3.8
DFNL Davis Select Financial ETF 1.0 62 62 9.1 -4.0
DINT Davis Select International ETF 1.0 64 60 6.8 -6.2
DWLD Davis Select Worldwide ETF 1.0 62 62 7.9 -5.2
VIOV Vanguard S&P Small-Cap 600 Value ETF 1.0 15 109 9.3 -3.8
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.0 7 117 5.9 -7.2
MOAT VanEck Morningstar Wide Moat ETF 1.0 47 77 6.0 -7.1
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 1.0 35 89 8.6 -4.5
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 1.0 30 94 8.9 -4.2
DFAS Dimensional U.S. Small Cap ETF 1.0 28 96 6.9 -6.2
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 1.0 19 105 8.5 -4.6
FDL First Trust Morningstar Dividend Leaders Index Fund 1.0 45 79 10.7 -2.4
IYF iShares U.S. Financials ETF 1.0 39 85 8.1 -5.0
YPS Arrow Reverse Cap 500 ETF 1.0 29 95 6.9 -6.2
VFQY Vanguard U.S. Quality Factor ETF 0.9 13 111 8.3 -4.8
SMDV ProShares Russell 2000 Dividend Growers ETF 0.9 41 83 6.7 -6.3
FYX First Trust Small Cap Core AlphaDEX Fund 0.9 61 63 8.2 -4.9
VFMF Vanguard U.S. Multifactor ETF 0.9 18 106 10.1 -3.0
XMHQ Invesco S&P MidCap Quality ETF 0.9 25 99 9.4 -3.7
ROSC Hartford Multifactor Small Cap ETF 0.9 34 90 11.5 -1.6
VXF Vanguard Extended Market Index Fund 0.9 6 118 4.3 -8.8
EWMC Invesco S&P MidCap 400 Equal Weight ETF 0.9 40 84 8.2 -4.9
QDEF FlexShares Quality Dividend Defensive Index Fund 0.9 37 87 7.5 -5.5
MOTG VanEck Morningstar Global Wide Moat ETF 0.9 52 72 6.9 -6.2
AFMC First Trust Active Factor Mid Cap ETF 0.9 65 59 9.8 -3.3
AFSM First Trust Active Factor Small Cap ETF 0.9 75 49 10.1 -3.0
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.9 15 109 8.4 -4.7
XJR iShares ESG Screened S&P Small-Cap ETF 0.8 12 112 7.6 -5.5
IYG iShares US Financial Services ETF 0.8 39 85 7.8 -5.3
FNDA Schwab Fundamental U.S. Small Co. Index ETF 0.8 25 99 6.6 -6.5
AVSC Avantis U.S Small Cap Equity ETF 0.8 25 99 5.3 -7.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.8 39 85 4.1 -9.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.8 20 104 7.9 -5.2
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.8 61 63 7.9 -5.2
QABA First Trust NASDAQ ABA Community Bank Index Fund 0.8 60 64 11.1 -2.0
IWM iShares Russell 2000 ETF 0.8 19 105 4.5 -8.6
ETHO Etho Climate Leadership U.S. ETF 0.8 47 77 5.4 -7.6
XJH iShares ESG Screened S&P Mid-Cap ETF 0.8 12 112 8.3 -4.7
OSCV Opus Small Cap Value Plus ETF 0.8 79 45 6.4 -6.7
MDY SPDR S&P Midcap 400 ETF Trust 0.8 22 102 8.2 -4.9
IJR iShares Core S&P Small Cap ETF 0.8 6 118 8.1 -4.9
SLY SPDR S&P 600 Small Cap ETF 0.8 15 109 8.1 -5.0
VTWO Vanguard Russell 2000 Index Fund 0.8 10 114 4.4 -8.6
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.8 5 119 8.2 -4.9
IJH iShares Core S&P Mid-Cap ETF 0.7 5 119 8.4 -4.7
NVQ QRAFT AI-Enhanced US Next Value ETF 0.7 75 49 13.2 +0.2
SPMD SPDR Portfolio Mid Cap ETF 0.7 5 119 8.3 -4.7
BFOR Barron's 400 ETF 0.7 65 59 9.1 -4.0
XSVM Invesco S&P SmallCap Value with Momentum ETF 0.7 39 85 12.0 -1.1
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.7 20 104 8.5 -4.5
SIXL 6 Meridian Low Beta Equity Strategy ETF 0.7 82 42 6.7 -6.4
LCLG Logan Capital Broad Innovative Growth ETF 0.7 99 25 6.1 -7.0
IVOO Vanguard S&P Mid-Cap 400 ETF 0.7 10 114 8.3 -4.8
RPV Invesco S&P 500 Pure Value ETF 0.7 35 89 12.8 -0.3
ISMD Inspire Small/Mid Cap Impact ETF 0.7 48 76 5.8 -7.2
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 0.7 25 99 6.6 -6.5
FYC First Trust Small Cap Growth AlphaDEX Fund 0.7 70 54 2.0 -11.1
VIOO Vanguard S&P Small-Cap 600 ETF 0.7 10 114 8.1 -5.0
VAMO Cambria Value & Momentum ETF 0.7 64 60 12.4 -0.7
VNMC Natixis Vaughan Nelson Mid Cap ETF 0.7 85 39 6.5 -6.5
PKW Invesco Buyback Achievers ETF 0.6 64 60 9.8 -3.3
AFLG First Trust Active Factor Large Cap ETF 0.6 55 69 7.5 -5.5
IWC iShares Micro-Cap ETF 0.6 60 64 -3.9 -17.0
SMLE Xtrackers S&P SmallCap 600 ESG ETF 0.6 15 109 8.4 -4.7
IWS iShares Russell Mid-Cap Value ETF 0.6 23 101 7.6 -5.5
SMOT VanEck Morningstar SMID Moat ETF 0.6 49 75 8.3 -4.8
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 0.6 35 89 8.5 -4.6
SMMD iShares Russell 2500 ETF 0.6 15 109 6.3 -6.7
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.6 70 54 3.2 -9.8
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.6 20 104 7.7 -5.3
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 0.6 35 89 9.4 -3.6
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.5 39 85 7.6 -5.5
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.5 24 100 8.7 -4.3
VIDI Vident International Equity Fund 0.5 61 63 11.9 -1.2
IAK iShares U.S. Insurance ETF 0.5 39 85 8.1 -4.9
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.5 17 107 8.4 -4.6
EES WisdomTree SmallCap Earnings Fund 0.5 38 86 12.4 -0.7
SSLY Syntax Stratified SmallCap ETF 0.5 35 89 7.2 -5.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.5 29 95 8.3 -4.8
EQAL Invesco Russell 1000 Equal Weight ETF 0.5 20 104 7.0 -6.1
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 0.5 20 104 6.3 -6.8
VFMV Vanguard U.S. Minimum Volatility ETF 0.5 13 111 6.5 -6.6
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.5 18 106 9.0 -4.1
FSMD Fidelity Small-Mid Factor ETF 0.5 29 95 8.2 -4.8
SCHD Schwab U.S. Dividend Equity ETF 0.5 6 118 9.6 -3.5
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.5 24 100 9.3 -3.8
BRNY Burney U.S. Factor Rotation ETF 0.5 79 45 8.2 -4.9
RWK Invesco S&P MidCap 400 Revenue ETF 0.5 39 85 10.0 -3.0
PRF Invesco FTSE RAFI US 1000 ETF 0.5 39 85 7.8 -5.3
REVS Columbia Research Enhanced Value ETF 0.5 19 105 9.1 -4.0
ONEO SPDR Russell 1000 Momentum Focus ETF 0.5 20 104 8.9 -4.2
IYR iShares U.S. Real Estate ETF 0.5 39 85 7.1 -6.0
NUDV Nuveen ESG Dividend ETF 0.5 25 99 8.2 -4.9
HDV iShares Core High Dividend ETF 0.5 8 116 9.6 -3.4
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.5 15 109 8.3 -4.7
ESIX SPDR S&P SmallCap 600 ESG ETF 0.4 12 112 8.5 -4.6
AVLV Avantis U.S. Large Cap Value ETF 0.4 15 109 9.1 -3.9
DFSU Dimensional US Sustainability Core 1 ETF 0.4 18 106 6.8 -6.3
IWR iShares Russell Midcap ETF 0.4 18 106 6.5 -6.6
DEW WisdomTree Global High Dividend Fund 0.4 58 66 10.5 -2.6
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.4 15 109 7.0 -6.1
IJT iShares S&P Small-Cap 600 Growth ETF 0.4 18 106 7.0 -6.1
ROUS Hartford Multifactor US Equity ETF 0.4 19 105 8.6 -4.5
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.4 25 99 7.7 -5.4
SLYG SPDR S&P 600 Small Cap Growth ETF 0.4 15 109 7.0 -6.1
HLGE Hartford Longevity Economy ETF 0.4 44 80 8.8 -4.3
GVLU Gotham 1000 Value ETF 0.4 50 74 10.8 -2.3
WLDR Affinity World Leaders Equity ETF 0.4 67 57 9.6 -3.4
JHMM John Hancock Multifactor Mid Cap ETF 0.4 41 83 7.7 -5.3
STXV Strive 1000 Value ETF 0.4 18 106 8.7 -4.4
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.4 25 99 7.8 -5.3
CSML IQ Chaikin U.S. Small Cap ETF 0.4 35 89 6.6 -6.5
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 19 105 6.8 -6.3
PWC Invesco Dynamic Market ETF 0.3 60 64 7.6 -5.4
AVUS Avantis U.S. Equity ETF 0.3 15 109 7.1 -5.9
VYM Vanguard High Dividend Yield Index ETF 0.3 6 118 8.4 -4.7
IMCV iShares Morningstar Mid-Cap Value ETF 0.3 6 118 9.1 -4.0
IWO iShares Russell 2000 Growth ETF 0.3 23 101 2.8 -10.3
VTWG Vanguard Russell 2000 Growth Index Fund 0.3 15 109 2.9 -10.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.3 63 61 3.6 -9.5
FLRG Fidelity U.S. Multifactor ETF 0.3 29 95 8.0 -5.0
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.3 39 85 10.5 -2.6
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 120 6.9 -6.1
DTD WisdomTree U.S.Total Dividend Fund 0.3 28 96 7.6 -5.4
RZV Invesco S&P Smallcap 600 Pure Value ETF 0.3 35 89 12.6 -0.5
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 35 6.3 -6.8
VLU SPDR S&P 1500 Value Tilt ETF 0.2 12 112 8.5 -4.6
DURA VanEck Morningstar Durable Dividend ETF 0.2 29 95 8.0 -5.1
GLOF iShares Global Equity Factor ETF 0.2 20 104 8.7 -4.4
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 0.2 36 88 8.9 -4.2
DIVB iShares Core Dividend 0.2 5 119 8.9 -4.1
RECS Columbia Research Enhanced Core ETF 0.2 15 109 7.1 -5.9
ITAN Sparkline Intangible Value ETF 0.2 50 74 7.1 -5.9
IWD iShares Russell 1000 Value ETF 0.2 18 106 7.5 -5.6
VONV Vanguard Russell 1000 Value Index Fund 0.2 8 116 7.6 -5.5
DFUV Dimensional US Marketwide Value ETF 0.2 23 101 8.9 -4.2
FPX First Trust US IPO Index Fund 0.2 57 67 1.1 -11.9
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 112 6.7 -6.3
XSHQ Invesco S&P SmallCap Quality ETF 0.2 29 95 11.7 -1.4
SIZE iShares MSCI USA Size Factor ETF 0.2 15 109 6.7 -6.4
RSP Invesco S&P 500 Equal Weight ETF 0.2 20 104 7.0 -6.0
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 115 6.9 -6.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 113 6.0 -7.1
IUS Invesco Strategic US ETF 0.2 19 105 7.5 -5.6
SCHB Schwab U.S. Broad Market ETF 0.2 3 121 6.0 -7.1
FLQL Franklin LibertyQ U.S. Equity ETF 0.2 15 109 7.8 -5.2
VLUE iShares MSCI USA Value Factor ETF 0.2 15 109 12.0 -1.1
SCHV Schwab U.S. Large-Cap Value ETF 0.2 4 120 7.6 -5.5
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 115 5.8 -7.3
IMCB iShares Morningstar Mid-Cap ETF 0.2 4 120 6.9 -6.1
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 110 6.1 -7.0
SSPY Syntax Stratified LargeCap ETF 0.1 30 94 7.4 -5.7
RAFE PIMCO RAFI ESG U.S. ETF 0.1 29 95 8.3 -4.8
QLC FlexShares US Quality Large Cap Index Fund 0.1 25 99 6.9 -6.2
DFAU Dimensional US Core Equity Market ETF 0.1 12 112 6.2 -6.8
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 114 6.3 -6.8
IWV iShares Russell 3000 ETF 0.1 20 104 5.7 -7.3
VTI Vanguard Total Stock Market Index Fund 0.1 3 121 5.8 -7.3
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 0.1 35 89 9.6 -3.5
VTHR Vanguard Russell 3000 Index Fund 0.1 10 114 5.8 -7.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 121 5.9 -7.2
VOE Vanguard Mid-Cap Value Index Fund 0.1 7 117 8.6 -4.4
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.1 15 109 5.7 -7.4
ISCG iShares Morningstar Small-Cap Growth ETF 0.1 6 118 2.1 -11.0
HKND Humankind US Stock ETF 0.1 11 113 7.4 -5.7
CFA VictoryShares US 500 Volatility Weighted Index ETF 0.1 35 89 7.2 -5.9
SCHK Schwab 1000 Index ETF 0.1 5 119 6.0 -7.0
DFUS Dimensional U.S. Equity ETF 0.1 11 113 6.0 -7.1
IUSV iShares Core S&P U.S. Value ETF 0.1 4 120 6.9 -6.2
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 49 4.9 -8.2
IYY iShares Dow Jones U.S. ETF 0.1 20 104 5.9 -7.2
VONE Vanguard Russell 1000 ETF 0.1 8 116 6.0 -7.1
IWB iShares Russell 1000 ETF 0.1 15 109 5.9 -7.2
RWL Invesco S&P 500 Revenue ETF 0.1 39 85 7.5 -5.6
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 0.1 50 74 3.7 -9.3
JHML John Hancock Multifactor Large Cap ETF 0.1 29 95 6.5 -6.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.1 10 114 6.1 -7.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 104 5.8 -7.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 105 7.2 -5.9
SCHX Schwab U.S. Large-Cap ETF 0.1 3 121 6.0 -7.1
VT Vanguard Total World Stock ETF 0.1 7 117 6.7 -6.4
IYJ iShares U.S. Industrials ETF 0.1 39 85 5.8 -7.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 115 6.4 -6.6
XLF Financial Select Sector SPDR Fund 0.1 10 114 7.4 -5.7
DSI iShares MSCI KLD 400 Social ETF 0.1 25 99 6.0 -7.1
SPVU Invesco S&P 500 Enhanced Value ETF 0.1 13 111 12.2 -0.9
ILCV iShares Morningstar Value ETF 0.1 4 120 7.7 -5.3
SPTM SPDR Portfolio Total Stock Market ETF 0.1 3 121 6.3 -6.8
VDNI V-Shares US Leadership Diversity ETF 0.1 29 95 6.3 -6.8
VO Vanguard Mid-Cap Index Fund 0.1 4 120 6.8 -6.3
VFMO Vanguard U.S. Momentum Factor ETF 0.1 13 111 4.1 -9.0
DFLV Dimensional US Large Cap Value ETF 0.1 22 102 9.3 -3.7
IQSU IQ Candriam ESG US Equity ETF 0.1 9 115 5.6 -7.5
PLRG Principal US Large-Cap Adaptive Multi-Factor ETF 0.1 15 109 6.2 -6.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 122 6.0 -7.0
IWP iShares Russell Mid-Cap Growth ETF 0.1 23 101 5.1 -8.0
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.1 21 103 4.1 -9.0
KOMP SPDR Kensho New Economies Composite ETF 0.0 20 104 -1.1 -14.1
SHE SPDR SSGA Gender Diversity Index ETF 0.0 20 104 6.0 -7.1
USXF iShares ESG Advanced MSCI USA ETF 0.0 10 114 5.9 -7.2
IXG iShares Global Financials ETF 0.0 40 84 8.8 -4.3
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.0 7 117 5.9 -7.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 112 6.0 -7.1
SUSL iShares ESG MSCI USA Leaders ETF 0.0 10 114 6.1 -7.0
VGT Vanguard Information Technology Index Fund 0.0 10 114 5.3 -7.7
QUS SPDR MSCI USA StrategicFactors ETF 0.0 15 109 6.7 -6.3
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 115 6.5 -6.5
SNPV Xtrackers S&P ESG Value ETF 0.0 15 109 6.7 -6.4
TECB iShares US Tech Breakthrough Multisector ETF 0.0 40 84 4.8 -8.3
ILCB iShares Morningstar U.S. Equity ETF 0.0 3 121 6.0 -7.0
PFM Invesco Dividend Achievers ETF 0.0 53 71 6.4 -6.7
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 0.0 35 89 7.3 -5.8
IGM iShares Expanded Tech Sector ETF 0.0 40 84 4.9 -8.2
KRUZ Unusual Whales Subversive Republican Trading ETF 0.0 75 49 6.3 -6.8
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 94 7.1 -5.9
ESG FlexShares STOXX US ESG Impact Index Fund 0.0 32 92 5.8 -7.2
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.0 60 64 4.8 -8.2
VTV Vanguard Value Index Fund 0.0 4 120 8.0 -5.0
VOOV Vanguard S&P 500 Value ETF 0.0 10 114 6.6 -6.5
IVE iShares S&P 500 Value ETF 0.0 18 106 6.5 -6.5
SPYV SPDR Portfolio S&P 500 Value ETF 0.0 4 120 6.7 -6.4
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.0 7 117 5.9 -7.1
WOMN Impact Shares YWCA Women's Empowerment ETF 0.0 75 49 5.7 -7.4
PBUS Invesco PureBeta MSCI USA ETF 0.0 4 120 6.0 -7.0
URTH iShares MSCI World ETF 0.0 24 100 6.5 -6.6
TOK iShares MSCI Kokusai ETF 0.0 25 99 6.3 -6.8
SPXT ProShares S&P 500 Ex-Technology ETF 0.0 27 97 6.4 -6.6
SNPE Xtrackers S&P 500 ESG ETF 0.0 10 114 6.1 -7.0
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.0 12 112 6.2 -6.9
ACWI iShares MSCI ACWI ETF 0.0 32 92 6.5 -6.6
HEET Hartford Schroders ESG US Equity ETF 0.0 39 85 7.0 -6.0
XVV iShares ESG Screened S&P 500 ETF 0.0 8 116 6.0 -7.1
CATH Global X S&P 500 Catholic Values Custom ETF 0.0 29 95 5.8 -7.2
SPXV ProShares S&P 500 Ex-Health Care ETF 0.0 27 97 5.5 -7.5
QVML Invesco S&P 500 QVM Multi-factor ETF 0.0 11 113 6.5 -6.6
VONG Vanguard Russell 1000 Growth Index Fund 0.0 8 116 5.4 -7.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.0 20 104 5.9 -7.2
VV Vanguard Large-Cap Index Fund 0.0 4 120 6.0 -7.1
IWF iShares Russell 1000 Growth ETF 0.0 18 106 5.3 -7.7
SPLG SPDR Portfolio S&P 500 ETF 0.0 3 121 6.1 -7.0
SPY SPDR S&P 500 ETF Trust 0.0 9 115 6.1 -7.0
IVV iShares Core S&P 500 ETF 0.0 3 121 6.1 -7.0
VOO VANGUARD S&P 500 ETF 0.0 3 121 6.1 -6.9
SPXE ProShares S&P 500 Ex-Energy ETF 0.0 27 97 5.8 -7.2
GSPY Gotham Enhanced 500 ETF 0.0 50 74 6.3 -6.8
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.0 31 93 8.6 -4.5
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 89 8.7 -4.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.0 39 85 9.4 -3.7
DFEV Dimensional Emerging Markets Value ETF 0.0 43 81 12.6 -0.5
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 83 10.6 -2.5

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 High Dividend Yield Financial 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 10.6 %
Divided by: Fwd. P/BV 0.7 x
Less: Expense ratio 124 bp
Equals: ALTAR Score 13.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.71 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.