Invesco KBW High Dividend Yield Financial ETF
ALTAR
Score™		 9.3% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 8.5x P/Sales
ratio		 2.4x
P/BV
ratio		 0.7x Div.
yield		 11.6%


  • 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
Website www.invesco.com
Inception date Dec 02, 2010
Assets (mns) $391
Currency USD
Expense ratio 384 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 41
Wgt avg mkt cap (mns) $2,114
Large cap (>$10bn) 3.7%
Mid cap ($2-10bn) 20.6%
Small cap (<$2bn) 75.7%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
READY CAPITAL CORPORATION 3.8 %
ARES COMMERCIAL REAL ESTATE 3.8 %
ARMOUR RESIDENTIAL REIT INC 3.7 %
AGNC INVESTMENT CORP. 3.7 %
RUNWAY GROWTH FINANCE CORP 3.6 %
NEW YORK MORTGAGE TRUST INC 3.5 %
TWO HARBORS INVESTMENT CORP 3.5 %
APOLLO COMMERCIAL REAL ESTAT 3.5 %
ELLINGTON FINANCIAL LLC 3.2 %
MFA FINANCIAL, INC. 3.2 %
Total 35.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 77.0 %
BRITAIN 1.2 %









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.
3.0% 23.5% 3.8% 4.2% 6.0%

Market Correlations
versus... Beta R-squared
S&P500 1.19 68%
MSCI EAFE 1.14 65%
MSCI Emg. Mkts. 0.92 41%

Technical Indicators
Recent close $15.08
30d moving avg. $14.96
Annualized volatility 25.0%
Short interest (ETF) 2.1%
Short interest (Underlying) 2.7%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 200
Turnover 0.8%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $1,317

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 415 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: 384 bp ALTAR Score™: 9.3%


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 21.6 43 341 12.7 +3.4
REM iShares Mortgage Real Estate ETF 20.6 48 336 14.0 +4.7
BIZD VanEck BDC Income ETF 17.0 11 373 11.9 +2.6
SRET Global X SuperDividend REIT ETF 14.9 59 325 9.7 +0.4
LBO WHITEWOLF Publicly Listed Private Equity ETF 13.9 70 314 8.1 -1.3
PEX ProShares Global Listed Private Equity ETF 13.2 81 303 11.7 +2.4
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 11.8 30 354 10.0 +0.7
ERNZ TrueShares Active Yield ETF 11.4 75 309 10.9 +1.6
RIET Hoya Capital High Dividend Yield ETF 10.5 50 334 12.3 +2.9
SDIV Global X Superdividend ETF 6.5 58 326 14.9 +5.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 6.5 56 328 13.5 +4.2
WBIY WBI Power Factor High Dividend ETF 5.6 100 284 11.2 +1.9
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 5.2 35 349 5.2 -4.1
WDIV SPDR S&P Global Dividend ETF 5.0 40 344 9.4 +0.1
PSCF Invesco S&P SmallCap Financials ETF 4.9 29 355 8.5 -0.9
FXO First Trust Financials AlphaDEX Fund 4.8 62 322 7.4 -1.9
PEY Invesco High Yield Equity Dividend Achievers ETF 4.6 52 332 10.1 +0.8
DVY iShares Select Dividend ETF 4.3 38 346 8.0 -1.3
XSHQ Invesco S&P SmallCap Quality ETF 3.6 29 355 8.3 -1.0
QABA First Trust NASDAQ ABA Community Bank Index Fund 3.4 60 324 7.4 -2.0
KBE SPDR S&P Bank ETF 3.3 35 349 8.3 -1.0
WCEO Hypatia Women CEO ETF 3.1 85 299 4.2 -5.1
FDL First Trust Morningstar Dividend Leaders Index Fund 3.1 45 339 8.9 -0.4
XSVM Invesco S&P SmallCap Value with Momentum ETF 3.0 36 348 11.1 +1.8
RFDA RiverFront Dynamic US Dividend Advantage ETF 2.8 52 332 5.3 -4.0
IJS iShares S&P Small-Cap 600 Value ETF 2.8 18 366 7.4 -1.9
VIOV Vanguard S&P Small-Cap 600 Value ETF 2.8 15 369 7.4 -1.9
SLYV SPDR S&P 600 Small Cap Value ETF 2.7 15 369 7.4 -1.9
LYLD Cambria Large Cap Shareholder Yield ETF 2.6 59 325 9.1 -0.2
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 2.6 48 336 5.2 -4.1
RSPF Invesco S&P 500 Equal Weight Financials ETF 2.5 40 344 6.2 -3.2
QDF FlexShares Quality Dividend Index Fund 2.5 37 347 4.2 -5.2
KCE SPDR S&P Capital Markets ETF 2.5 35 349 5.9 -3.5
VAMO Cambria Value & Momentum ETF 2.5 61 323 8.2 -1.1
XSLV Invesco S&P SmallCap Low Volatility ETF 2.5 25 359 6.8 -2.5
SPYD SPDR Portfolio S&P 500 High Dividend ETF 2.5 7 377 8.8 -0.5
DHS WisdomTree U.S. High Dividend Fund 2.4 38 346 7.6 -1.8
KIE SPDR S&P Insurance ETF 2.4 35 349 6.0 -3.3
FNK First Trust Mid Cap Value AlphaDEX Fund 2.4 70 314 10.0 +0.7
SPVM Invesco S&P 500 Value with Momentum ETF 2.3 39 345 7.8 -1.5
MVPA Miller Value Partners Appreciation ETF 2.3 60 324 10.4 +1.1
XMLV Invesco S&P MidCap Low Volatility ETF 2.3 25 359 6.6 -2.7
RZV Invesco S&P Smallcap 600 Pure Value ETF 2.3 35 349 8.1 -1.2
SMDV ProShares Russell 2000 Dividend Growers ETF 2.2 40 344 6.4 -2.9
AMID Argent Mid Cap ETF Argent Mid Cap ETF 2.1 52 332 6.7 -2.6
NUSC Nuveen ESG Small-Cap ETF 2.1 31 353 5.0 -4.3
JHSC John Hancock Multifactor Small Cap ETF 2.1 42 342 6.6 -2.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 2.1 39 345 7.5 -1.8
ISCV iShares Morningstar Small Cap Value ETF 2.1 6 378 7.2 -2.1
SMCP AlphaMark Actively Managed Small Cap ETF 2.1 90 294 3.9 -5.4
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 2.0 12 372 7.2 -2.1
ESIX SPDR S&P SmallCap 600 ESG ETF 2.0 12 372 7.4 -1.9
AUSF Global X Adaptive U.S. Factor ETF 2.0 27 357 8.6 -0.8
RPV Invesco S&P 500 Pure Value ETF 2.0 35 349 9.7 +0.4
DON WisdomTree U.S. MidCap Dividend Fund 2.0 38 346 7.7 -1.6
XJR iShares ESG Screened S&P Small-Cap ETF 2.0 12 372 7.0 -2.3
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 2.0 29 355 6.5 -2.8
XMVM Invesco S&P MidCap Value with Momentum ETF 1.9 39 345 9.9 +0.6
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.9 25 359 7.2 -2.1
EZM WisdomTree U.S. MidCap Fund 1.9 38 346 7.4 -2.0
KBWR Invesco KBW Regional Banking ETF 1.9 35 349 7.8 -1.5
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 1.9 15 369 7.5 -1.9
SVAL iShares US Small Cap Value Factor ETF 1.9 20 364 9.8 +0.5
SCAP InfraCap Small Cap Income ETF 1.9 135 249 8.5 -0.8
SYLD Cambria Shareholder Yield ETF 1.8 59 325 10.9 +1.6
BKSE BNY Mellon US Small Cap Core Equity ETF 1.8 4 380 4.8 -4.6
SMCF Themes US Small Cap Cash Flow Champions ETF 1.8 29 355 10.2 +0.9
IJR iShares Core S&P Small Cap ETF 1.7 6 378 6.6 -2.7
VIOO Vanguard S&P Small-Cap 600 ETF 1.7 10 374 6.6 -2.7
CVY Invesco Zacks Multi-Asset Income ETF 1.7 106 278 9.8 +0.5
SPSM SPDR Portfolio S&P 600 Small Cap ETF 1.7 3 381 6.7 -2.7
IAK iShares U.S. Insurance ETF 1.7 40 344 5.9 -3.5
VFVA Vanguard U.S. Value Factor ETF 1.7 13 371 10.0 +0.7
CDL VictoryShares US Large Cap High Dividend Volatility Wtd ETF 1.6 35 349 7.6 -1.7
PSP Invesco Global Listed Private Equity ETF 1.6 106 278 7.7 -1.6
CDC VictoryShares US EQ Income Enhanced Volatility Wtd ETF 1.6 38 346 7.6 -1.7
DFSV Dimensional US Small Cap Value ETF 1.6 31 353 8.3 -1.1
FNCL Fidelity MSCI Financials Index ETF 1.6 8 376 5.6 -3.7
FMDE Fidelity Enhanced Mid Cap ETF 1.6 23 361 6.0 -3.3
DIV Global X SuperDividend US ETF 1.6 45 339 7.9 -1.5
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.6 35 349 6.6 -2.7
FESM Fidelity Enhanced Small Cap ETF 1.6 28 356 1.7 -7.6
RDIV Invesco S&P Ultra Dividend Revenue ETF 1.6 39 345 8.6 -0.7
FTXO First Trust Nasdaq Bank ETF 1.6 60 324 7.8 -1.5
KBWB Invesco KBW Bank ETF 1.6 35 349 7.4 -1.9
IAT iShares U.S. Regional Banks ETF 1.6 40 344 8.4 -0.9
SPDV AAM S&P 500 High Dividend Value ETF 1.6 29 355 9.6 +0.3
ETHO Etho Climate Leadership U.S. ETF 1.5 47 337 3.4 -5.9
DFAT Dimensional U.S. Targeted Value ETF 1.5 28 356 7.8 -1.6
VTWV Vanguard Russell 2000 Value ETF 1.5 15 369 4.9 -4.4
IYF iShares U.S. Financials ETF 1.5 40 344 5.4 -3.9
IWN iShares Russell 2000 Value ETF 1.5 24 360 4.8 -4.5
VFH Vanguard Financials ETF 1.5 10 374 5.7 -3.6
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.4 17 367 4.7 -4.6
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.4 80 304 5.8 -3.5
ISMD Inspire Small/Mid Cap ETF 1.4 54 330 5.3 -4.0
DURA VanEck Durable High Dividend ETF 1.4 29 355 7.4 -1.9
VBR Vanguard Small Cap Value ETF 1.4 7 377 7.8 -1.5
VOE Vanguard Mid-Cap Value ETF 1.4 7 377 6.9 -2.4
STXK Strive Small-Cap ETF 1.4 18 366 5.0 -4.3
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.4 60 324 6.3 -3.0
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 1.4 56 328 5.9 -3.4
AFSM First Trust Active Factor Small Cap ETF 1.4 75 309 6.3 -3.0
FAB First Trust Multi Cap Value AlphaDEX Fund 1.4 67 317 8.6 -0.8
AVUV Avantis U.S. Small Cap Value ETF 1.4 25 359 8.8 -0.5
FYT First Trust Small Cap Value AlphaDEX Fund 1.3 73 311 7.8 -1.5
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 1.3 75 309 4.7 -4.7
ZIG Acquirers Fund 1.3 84 300 13.1 +3.7
JVAL JPMorgan U.S. Value Factor ETF 1.3 12 372 7.8 -1.6
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.2 39 345 5.8 -3.5
SPVU Invesco S&P 500 Enhanced Value ETF 1.2 13 371 8.9 -0.4
CVAR Cultivar ETF 1.2 87 297 6.7 -2.6
TPSC Timothy Plan US Small Cap Core ETF 1.2 52 332 6.5 -2.8
KRE SPDR S&P Regional Banking ETF 1.2 35 349 8.3 -1.1
IQSM IQ Candriam U.S. Mid Cap Equity ETF 1.2 15 369 5.8 -3.5
ROSC Hartford Multifactor Small Cap ETF 1.2 34 350 8.6 -0.7
DES WisdomTree U.S. SmallCap Dividend Fund 1.2 38 346 6.8 -2.5
ACTV LeaderShares Activist Leaders ETF 1.2 75 309 6.7 -2.6
GURU Global X Guru Index ETF 1.2 75 309 1.7 -7.7
FOVL iShares Focused Value Factor ETF 1.2 25 359 8.5 -0.9
PSC Principal U.S. Small-Cap ETF 1.2 38 346 5.9 -3.4
SCHD Schwab US Dividend Equity ETF 1.2 6 378 9.2 -0.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 1.2 35 349 6.2 -3.1
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 1.2 42 342 6.1 -3.2
SCHM Schwab U.S. Mid-Cap ETF 1.2 4 380 6.0 -3.4
SCHA Schwab U.S. Small-Cap ETF 1.2 4 380 4.4 -4.9
FNX First Trust Mid Cap Core AlphaDEX Fund 1.2 60 324 6.8 -2.5
IMCV iShares Morningstar Mid-Cap Value ETF 1.2 6 378 7.5 -1.8
SSLY Syntax Stratified SmallCap ETF 1.2 40 344 7.4 -1.9
RNSC Furst Trust Small Cap US Equity Select ETF 1.2 60 324 6.8 -2.5
QDEF FlexShares Quality Dividend Defensive Index Fund 1.1 37 347 3.9 -5.4
SMOT VanEck Morningstar SMID Moat ETF 1.1 49 335 5.8 -3.5
ISCB iShares Morningstar Small-Cap ETF 1.1 4 380 4.8 -4.6
EQRR ProShares Equities for Rising Rates ETF 1.1 35 349 7.8 -1.5
EQUL IQ Engender Equality ETF 1.1 45 339 5.7 -3.6
JHDV John Hancock U.S. High Dividend ETF 1.1 34 350 6.2 -3.1
SDOG ALPS Sector Dividend Dogs ETF 1.1 36 348 9.2 -0.1
KNGZ First Trust S&P 500 Diversified Dividend Aristocrats ETF 1.1 50 334 7.6 -1.7
DIVG Invesco S&P 500 High Dividend Growers ETF 1.1 39 345 7.5 -1.8
PWV Invesco Large Cap Value ETF 1.1 55 329 6.9 -2.4
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 1.1 30 354 8.2 -1.1
ACSI American Customer Satisfaction ETF 1.1 65 319 4.4 -4.9
MDLV Morgan Dempsey Large Cap Value ETF 1.1 58 326 7.8 -1.5
DFAS Dimensional U.S. Small Cap ETF 1.1 26 358 5.5 -3.8
EVUS iShares ESG Aware MSCI USA Value ETF 1.0 18 366 6.4 -2.9
GINX SGI Enhanced Global Income ETF 1.0 98 286 5.6 -3.7
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 1.0 60 324 6.1 -3.3
DVLU First Trust Dorsey Wright Momentum & Value ETF 1.0 60 324 8.7 -0.6
RDVY First Trust Rising Dividend Achievers ETF 1.0 50 334 9.1 -0.2
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.0 60 324 9.0 -0.3
PFI Invesco Dorsey Wright Financial Momentum ETF 1.0 60 324 5.0 -4.3
XSMO Invesco S&P SmallCap Momentum ETF 1.0 39 345 6.8 -2.5
IWS iShares Russell Mid-Cap Value ETF 1.0 23 361 6.2 -3.1
AFMC First Trust Active Factor Mid Cap ETF 1.0 65 319 6.9 -2.5
NUDV Nuveen ESG Dividend ETF 1.0 26 358 7.0 -2.3
FSCS First Trust SMID Capital Strength ETF 1.0 60 324 5.8 -3.5
SMLF iShares U.S. SmallCap Equity Factor ETF 1.0 15 369 4.6 -4.7
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.0 20 364 4.6 -4.7
WTV WisdomTree US Value Fund of Benef Interest 0.9 12 372 8.7 -0.6
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.9 7 377 5.3 -4.0
FPX First Trust US Equity Opportunities ETF 0.9 61 323 1.5 -7.8
XLF Financial Select Sector SPDR Fund 0.9 9 375 5.3 -4.0
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 0.9 35 349 4.6 -4.8
RFV Invesco S&P Midcap 400 Pure Value ETF 0.9 35 349 8.0 -1.3
ABCS Alpha Blue Capital US Small-Mid Cap Dynamic ETF 0.9 27 357 0.0 -9.3
STXM Strive Mid-Cap ETF 0.9 18 366 6.1 -3.3
ONEY SPDR Russell 1000 Yield Focus ETF 0.9 20 364 9.3 -0.0
FLDZ RiverNorth Patriot ETF 0.9 75 309 5.2 -4.2
PY Principal Value ETF 0.9 15 369 7.0 -2.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.9 39 345 4.1 -5.2
GVLU Gotham 1000 Value ETF 0.9 50 334 7.4 -1.9
FNDA Schwab Fundamental US Small Co. Index ETF 0.9 25 359 6.0 -3.3
RSSL Global X Russell 2000 ETF 0.9 8 376 2.6 -6.7
VTWO Vanguard Russell 2000 ETF 0.8 10 374 2.9 -6.4
FSMD Fidelity Small-Mid Multifactor ETF 0.8 15 369 6.8 -2.5
FCFY First Trust S&P 500 Diversified Free Cash Flow ETF 0.8 60 324 8.7 -0.6
SUSA iShares MSCI USA ESG Select ETF 0.8 25 359 5.0 -4.3
DEW WisdomTree Global High Dividend Fund 0.8 58 326 8.5 -0.8
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.8 5 379 7.3 -2.0
NIXT Research Affiliates Deletions ETF 0.8 9 375 5.2 -4.1
AVLV Avantis U.S. Large Cap Value ETF 0.8 15 369 7.1 -2.2
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.8 15 369 9.3 +0.0
VLU SPDR S&P 1500 Value Tilt ETF 0.8 12 372 6.7 -2.7
IWM iShares Russell 2000 ETF 0.8 19 365 2.8 -6.5
FYX First Trust Small Cap Core AlphaDEX Fund 0.8 61 323 4.6 -4.8
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.8 9 375 3.3 -6.0
SPHB Invesco S&P 500 High Beta ETF 0.8 25 359 3.5 -5.8
VB Vanguard Small-Cap ETF 0.8 5 379 4.9 -4.4
FTA First Trust Large Cap Value AlphaDEX Fund 0.8 59 325 8.2 -1.1
IWR iShares Russell Midcap ETF 0.7 19 365 5.4 -3.9
VO Vanguard Mid-Cap ETF 0.7 4 380 5.3 -4.0
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.7 14 370 5.0 -4.3
IWC iShares Micro-Cap ETF 0.7 60 324 -4.9 -14.2
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.7 4 380 5.6 -3.7
VXF Vanguard Extended Market ETF 0.7 6 378 3.5 -5.8
PRF Invesco FTSE RAFI US 1000 ETF 0.7 39 345 6.8 -2.6
VUSE Vident U.S. Equity Strategy ETF 0.7 50 334 4.4 -5.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.7 29 355 6.4 -2.9
SFYX SoFi Next 500 ETF 0.7 0 384 4.7 -4.6
SQLV Royce Quant Small-Cap Quality Value ETF 0.7 60 324 7.1 -2.2
IJJ iShares S&P Mid-Cap 400 Value ETF 0.7 18 366 6.9 -2.4
DFLV Dimensional US Large Cap Value ETF 0.7 22 362 7.4 -1.9
VFMF Vanguard U.S. Multifactor ETF 0.7 18 366 8.5 -0.8
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.6 70 314 3.5 -5.8
DFSU Dimensional US Sustainability Core 1 ETF 0.6 18 366 5.4 -3.9
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.6 25 359 5.2 -4.1
MDYV SPDR S&P 400 Mid Cap Value ETF 0.6 15 369 7.0 -2.3
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.6 61 323 6.0 -3.3
RAFE PIMCO RAFI ESG U.S. ETF 0.6 29 355 7.2 -2.1
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.6 30 354 7.9 -1.4
HDUS Hartford Disciplined US Equity ETF 0.6 19 365 5.9 -3.4
IVOV Vanguard S&P Mid-Cap 400 Value ETF 0.6 15 369 7.0 -2.3
ULVM VictoryShares US Value Momentum ETF 0.6 20 364 7.0 -2.3
SMDY Syntax Stratified MidCap ETF 0.6 35 349 5.8 -3.6
AVSC Avantis U.S Small Cap Equity ETF 0.6 25 359 4.7 -4.6
VFQY Vanguard U.S. Quality Factor ETF 0.6 13 371 7.5 -1.8
REVS Columbia Research Enhanced Value ETF 0.6 19 365 7.4 -2.0
VIDI Vident International Equity Strategy ETF 0.6 61 323 10.2 +0.9
RSPE Invesco ESG S&P 500 Equal Weight ETF 0.6 20 364 6.4 -3.0
TTAC FCF US Quality ETF 0.6 59 325 6.3 -3.1
VLUE iShares MSCI USA Value Factor ETF 0.6 15 369 10.2 +0.9
DIVB iShares Core Dividend ETF 0.6 5 379 7.5 -1.8
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.6 35 349 5.9 -3.4
HOMZ Hoya Capital Housing ETF 0.6 30 354 7.0 -2.3
IMCB iShares Morningstar Mid-Cap ETF 0.6 4 380 5.7 -3.6
IYR iShares U.S. Real Estate ETF 0.6 40 344 6.0 -3.3
FNDB Schwab Fundamental US Broad Market Index ETF 0.6 25 359 6.8 -2.6
DFUV Dimensional US Marketwide Value ETF 0.6 22 362 7.2 -2.2
DSMC Distillate Small/Mid Cash Flow ETF 0.6 55 329 12.2 +2.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.6 24 360 7.3 -2.0
VYM Vanguard High Dividend Yield Index ETF 0.6 6 378 6.8 -2.5
STXV Strive 1000 Value ETF 0.6 18 366 7.5 -1.8
ITAN Sparkline Intangible Value ETF 0.6 50 334 5.9 -3.4
IJT iShares S&P Small-Cap 600 Growth ETF 0.5 18 366 5.8 -3.6
ESGU iShares ESG Aware MSCI USA ETF 0.5 15 369 5.0 -4.3
XMMO Invesco S&P MidCap Momentum ETF 0.5 34 350 5.6 -3.7
ONEO SPDR Russell 1000 Momentum Focus ETF 0.5 20 364 6.8 -2.5
IXG iShares Global Financials ETF 0.5 42 342 6.2 -3.1
FNDX Schwab Fundamental US Large Co. Index ETF 0.5 25 359 6.8 -2.5
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.5 15 369 5.8 -3.5
LRGF iShares U.S. Equity Factor ETF 0.5 8 376 5.6 -3.7
SLYG SPDR S&P 600 Small Cap Growth ETF 0.5 15 369 5.8 -3.5
KRMA Global X Conscious Companies ETF 0.5 43 341 5.7 -3.6
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.5 18 366 7.2 -2.1
IYG iShares US Financial Services ETF 0.5 40 344 5.0 -4.3
AVUS Avantis U.S. Equity ETF 0.5 15 369 5.6 -3.7
AVSU Avantis Responsible U.S. Equity ETF 0.5 15 369 6.1 -3.2
DTD WisdomTree U.S. Total Dividend Fund 0.5 28 356 6.0 -3.3
DEUS Xtrackers Russell US Multifactor ETF 0.5 17 367 6.9 -2.4
RAYD Rayliant Quantitative Developed Market Equity ETF 0.5 80 304 3.8 -5.5
EQAL Invesco Russell 1000 Equal Weight ETF 0.5 20 364 6.3 -3.1
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.5 60 324 1.4 -7.9
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.5 15 369 6.8 -2.6
DFAC Dimensional U.S. Core Equity 2 ETF 0.5 17 367 5.3 -4.0
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 364 6.1 -3.3
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.4 60 324 6.4 -2.9
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.4 9 375 5.8 -3.6
RWL Invesco S&P 500 Revenue ETF 0.4 39 345 6.7 -2.6
SNPV Xtrackers S&P 500 Value ESG ETF 0.4 15 369 6.4 -2.9
JSTC Adasina Social Justice All Cap Global ETF 0.4 89 295 4.9 -4.4
DCOR Dimensional US Core Equity 1 ETF 0.4 14 370 5.3 -4.0
SMMD iShares Russell 2500 ETF 0.4 15 369 5.5 -3.8
CFA VictoryShares US 500 Volatility Wtd ETF 0.4 35 349 5.6 -3.7
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.4 40 344 5.6 -3.8
HDV iShares Core High Dividend ETF 0.4 8 376 7.1 -2.2
AFLG First Trust Active Factor Large Cap ETF 0.4 55 329 5.8 -3.5
EUSA iShares MSCI USA Equal Weighted ETF 0.4 9 375 5.7 -3.6
FEX First Trust Large Cap Core AlphaDEX Fund 0.4 59 325 5.6 -3.8
SIZE iShares MSCI USA Size Factor ETF 0.4 15 369 5.6 -3.7
SIXL ETC 6 Meridian Low Beta Equity ETF 0.4 80 304 4.2 -5.1
USMF WisdomTree U.S. Multifactor Fund 0.4 28 356 7.1 -2.2
VONV Vanguard Russell 1000 Value ETF 0.4 8 376 6.3 -3.1
IWD iShares Russell 1000 Value ETF 0.4 19 365 6.1 -3.2
LCLG Logan Capital Broad Innovative Growth ETF 0.4 99 285 4.6 -4.8
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.4 24 360 7.0 -2.3
FELV Fidelity Enhanced Large Cap Value ETF 0.4 18 366 6.4 -2.9
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 0.4 15 369 6.7 -2.6
HKND Humankind US Stock ETF 0.3 11 373 7.1 -2.2
GVUS Marketbeta Russell 1000 Value Equity ETF 0.3 12 372 6.2 -3.1
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.3 38 346 5.7 -3.6
HLGE Hartford Longevity Economy ETF 0.3 44 340 6.0 -3.4
RECS Columbia Research Enhanced Core ETF 0.3 15 369 5.5 -3.9
EES WisdomTree U.S. SmallCap Fund 0.3 38 346 9.1 -0.3
AIEQ AI Powered Equity ETF 0.3 75 309 3.9 -5.5
SPMO Invesco S&P 500 Momentum ETF 0.3 13 371 3.8 -5.5
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.3 47 337 8.0 -1.4
MDY SPDR S&P Midcap 400 ETF Trust 0.3 24 360 6.2 -3.2
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.3 27 357 7.1 -2.2
IJH iShares Core S&P Mid-Cap ETF 0.3 5 379 6.4 -3.0
IUSV iShares Core S&P US Value ETF 0.3 4 380 6.4 -2.9
XJH iShares ESG Screened S&P Mid-Cap ETF 0.3 12 372 6.5 -2.8
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 0.3 3 381 6.4 -3.0
IVOO Vanguard S&P Mid-Cap 400 ETF 0.3 10 374 6.4 -2.9
DLN WisdomTree U.S. LargeCap Dividend Fund 0.3 28 356 5.7 -3.6
USXF iShares ESG Advanced MSCI USA ETF 0.3 10 374 5.0 -4.3
FLQL Franklin LibertyQ U.S. Equity ETF 0.3 15 369 5.9 -3.4
QLC FlexShares US Quality Large Cap Index Fund 0.3 25 359 5.4 -4.0
ROUS Hartford Multifactor US Equity ETF 0.3 19 365 6.5 -2.8
JHML John Hancock Multifactor Large Cap ETF 0.3 29 355 5.3 -4.0
VOOV Vanguard S&P 500 Value ETF 0.3 10 374 6.3 -3.0
IVE iShares S&P 500 Value ETF 0.3 18 366 6.3 -3.1
SPYV SPDR Portfolio S&P 500 Value ETF 0.3 4 380 6.4 -2.9
WOMN Impact Shares YWCA Women's Empowerment ETF 0.3 75 309 4.7 -4.7
PFM Invesco Dividend Achievers ETF 0.3 53 331 5.3 -4.0
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.3 20 364 7.6 -1.7
SSPY Syntax Stratified LargeCap ETF 0.3 30 354 6.3 -3.0
VTV Vanguard Value ETF 0.3 4 380 6.6 -2.8
RWK Invesco S&P MidCap 400 Revenue ETF 0.3 39 345 6.9 -2.4
SCHV Schwab U.S. Large-Cap Value ETF 0.3 4 380 6.4 -2.9
GQQQ Astoria US Quality Growth Kings ETF 0.3 35 349 6.3 -3.0
SHE SPDR MSCI USA Gender Diversity ETF 0.3 20 364 4.9 -4.4
VEGN US Vegan Climate ETF 0.3 60 324 4.5 -4.8
JHMM John Hancock Multifactor Mid Cap ETF 0.3 42 342 6.1 -3.3
DFAU Dimensional US Core Equity Market ETF 0.3 12 372 5.0 -4.3
DSI iShares MSCI KLD 400 Social ETF 0.3 25 359 5.0 -4.3
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.3 70 314 2.7 -6.6
VALQ American Century U.S. Quality Value ETF 0.3 29 355 7.4 -1.9
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 0.3 35 349 6.3 -3.0
EPS WisdomTree U.S. LargeCap Fund 0.3 8 376 5.9 -3.4
GSPY Gotham Enhanced 500 ETF 0.3 50 334 5.2 -4.1
ILCV iShares Morningstar Value ETF 0.2 4 380 6.2 -3.1
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.2 9 375 4.9 -4.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.2 10 374 5.1 -4.2
SUSL iShares ESG MSCI USA Leaders ETF 0.2 10 374 5.1 -4.2
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 375 4.8 -4.5
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.2 15 369 4.7 -4.6
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.2 15 369 4.9 -4.4
VTWG Vanguard Russell 2000 Growth ETF 0.2 15 369 0.7 -8.6
OPTZ Optimize Strategy Index ETF 0.2 50 334 2.9 -6.4
IWO iShares Russell 2000 Growth ETF 0.2 24 360 0.6 -8.8
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.2 20 364 4.9 -4.5
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.2 12 372 4.5 -4.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 375 5.4 -4.0
VTI Vanguard Total Stock Market ETF 0.2 3 381 4.7 -4.6
VTHR Vanguard Russell 3000 ETF 0.2 10 374 4.7 -4.6
IWV iShares Russell 3000 ETF 0.2 20 364 4.7 -4.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 381 4.8 -4.5
SCHB Schwab U.S. Broad Market ETF 0.2 3 381 4.9 -4.4
DFUS Dimensional U.S. Equity ETF 0.2 9 375 4.9 -4.5
DFVX Dimensional US Large Cap Vector ETF 0.2 22 362 6.1 -3.2
SPXT ProShares S&P 500 Ex-Technology ETF 0.2 9 375 5.3 -4.0
VFMO Vanguard U.S. Momentum Factor ETF 0.2 13 371 2.1 -7.2
SNPE Xtrackers S&P 500 ESG ETF 0.2 10 374 5.1 -4.2
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.2 3 381 5.1 -4.2
XMAG Defiance Large Cap ex-Mag 7 ETF 0.2 35 349 5.1 -4.2
IWB iShares Russell 1000 ETF 0.2 15 369 4.8 -4.5
VONE Vanguard Russell 1000 ETF 0.2 8 376 4.9 -4.4
JSML Janus Henderson Small Cap Growth Alpha ETF 0.2 30 354 6.5 -2.8
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 372 5.8 -3.6
SCHK Schwab 1000 Index ETF 0.2 5 379 5.0 -4.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 373 4.9 -4.4
IYY iShares Dow Jones U.S. ETF 0.2 20 364 4.8 -4.5
SPXV ProShares S&P 500 Ex-Health Care ETF 0.2 9 375 4.7 -4.6
PKW Invesco Buyback Achievers ETF 0.1 62 322 6.4 -2.9
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 372 4.8 -4.5
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 373 4.8 -4.5
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 375 4.9 -4.4
XVV iShares ESG Screened S&P 500 ETF 0.1 8 376 4.9 -4.4
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 355 4.9 -4.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 364 4.8 -4.5
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 375 5.4 -3.9
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 377 4.9 -4.4
QINT American Century Quality Diversified International ETF 0.1 39 345 7.7 -1.6
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 342 4.5 -4.8
IVV iShares Core S&P 500 ETF 0.1 3 381 5.0 -4.3
SPY SPDR S&P 500 ETF Trust 0.1 9 375 5.0 -4.4
VOO Vanguard S&P 500 ETF 0.1 3 381 5.0 -4.3
VV Vanguard Large-Cap ETF 0.1 4 380 4.9 -4.4
SCHX Schwab U.S. Large-Cap ETF 0.1 3 381 5.0 -4.3
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 382 5.0 -4.3
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 369 5.7 -3.6
FYC First Trust Small Cap Growth AlphaDEX Fund 0.1 71 313 -0.5 -9.8
PBUS Invesco MSCI USA ETF 0.1 4 380 5.0 -4.4
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 381 4.9 -4.4
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 374 5.4 -3.9
VT Vanguard Total World Stock ETF 0.1 7 377 5.5 -3.8
IUS Invesco RAFI Strategic US ETF 0.1 19 365 6.8 -2.5
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 382 5.0 -4.3
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 374 5.3 -4.0
PALC Pacer Lunt Large Cap Multi-Factor Alternator ETF 0.1 60 324 4.0 -5.3
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 309 3.9 -5.4
SFY SoFi Select 500 ETF 0.1 0 384 4.5 -4.9
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.1 64 320 1.8 -7.5
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.1 30 354 5.4 -3.9
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 384 5.0 -4.3
VOTE TCW Transform 500 ETF 0.1 5 379 4.9 -4.4
MODL VictoryShares WestEnd U.S. Sector ETF 0.1 42 342 4.7 -4.6
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 375 5.2 -4.1
TOK iShares MSCI Kokusai ETF 0.1 26 358 5.0 -4.3
RVRB Reverb ETF 0.1 30 354 4.7 -4.6
URTH iShares MSCI World ETF 0.1 24 360 5.2 -4.1
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 309 4.3 -5.1
NULV Nuveen ESG Large-Cap Value ETF 0.1 26 358 6.7 -2.6
FELC Fidelity Enhanced Large Cap Core ETF 0.1 18 366 5.3 -4.0
STRV Strive 500 ETF 0.1 5 379 4.9 -4.4
ACWI iShares MSCI ACWI ETF 0.1 32 352 5.3 -4.0
ACVF American Conservative Values ETF 0.1 75 309 4.2 -5.1
DGRW WisdomTree US Quality Dividend Growth Fund 0.1 28 356 6.0 -3.3
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 354 5.9 -3.4
ISCG iShares Morningstar Small-Cap Growth ETF 0.1 6 378 2.3 -7.1
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 363 3.8 -5.5
PTL Inspire 500 ETF 0.1 9 375 5.6 -3.7
GLOV Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF 0.1 25 359 5.6 -3.7
IYJ iShares U.S. Industrials ETF 0.0 40 344 4.5 -4.8
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.0 40 344 3.8 -5.5
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 294 3.9 -5.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.0 20 364 5.2 -4.2
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.0 32 352 4.8 -4.5
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 365 6.2 -3.1
IWP iShares Russell Mid-Cap Growth ETF 0.0 23 361 3.1 -6.2
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 0.0 25 359 5.2 -4.2
IWF iShares Russell 1000 Growth ETF 0.0 19 365 4.5 -4.9
VONG Vanguard Russell 1000 Growth ETF 0.0 8 376 4.6 -4.8
SPLV Invesco S&P 500 Low Volatility ETF 0.0 25 359 5.1 -4.2
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 372 4.5 -4.9

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
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 9.0 %
Divided by: Fwd. P/BV 0.7 x
Less: Expense ratio 384 bp
Equals: ALTAR Score 9.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.78 CATEGORY
AVERAGE		 1.57
 
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.