Invesco KBW Regional Banking ETF
ALTAR
Score™		 9.5% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 11.9x P/Sales
ratio		 3.5x
P/BV
ratio		 1.1x Div.
yield		 2.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Invesco KBW Regional Banking 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 Regional Banking 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 Tax Exempt Securities Trust In
Website www.invesco.com
Inception date Nov 01, 2011
Assets (mns) $52
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 49
Wgt avg mkt cap (mns) $4,615
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 89.2%
Small cap (<$2bn) 10.8%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
WEBSTER FINANCIAL CORP 4.1 %
SOUTH STATE CORP 4.0 %
PINNACLE FINANCIAL PARTNERS 3.8 %
CULLEN/FROST BANKERS INC 3.6 %
COMMERCE BANCSHARES INC 3.6 %
TEXAS CAPITAL BANCSHARES INC 2.2 %
BANCORPSOUTH BANK 2.1 %
BANK OZK 2.1 %
SYNOVUS FINANCIAL CORP. 2.1 %
FNB CORP 2.1 %
Total 29.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 93.1 %
PUERTO RICO 4.0 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-3.3% 18.5% 12.6% 5.2% 9.5%

Market Correlations
versus... Beta R-squared
S&P500 1.06 30%
MSCI EAFE 0.81 19%
MSCI Emg. Mkts. 0.47 6%

Technical Indicators
Recent close $61.11
30d moving avg. $57.65
Annualized volatility 31.1%
Short interest (ETF) 1.2%
Short interest (Underlying) 2.6%
Relative strength (RSI) 60

Liquidity measures
Avg. volume (thou.) 6
Turnover 0.7%
Bid/Ask (% of price) 0.76%
ADV underlying (mns) $899

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 280 potential alternatives to the Invesco KBW Regional Banking ETF ETF based on the alternatives' overlap in portfolio holdings with KBWR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: KBWR Expense: 35 bp ALTAR Score™: 9.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH KBWR
Ticker Fund
Name		 Overlap1
vs KBWR
(%)		 Expense
ratio
(bp)		 Savings
vs KBWR
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs KBWR
(%)
KRE SPDR S&P Regional Banking ETF 51.9 35 0 9.8 +0.2
KBE SPDR S&P Bank ETF 46.2 35 0 9.5 -0.1
QABA First Trust NASDAQ ABA Community Bank Index Fund 34.9 60 -25 8.8 -0.7
IAT iShares U.S. Regional Banks ETF 23.5 40 -5 9.4 -0.2
XMVM Invesco S&P MidCap Value with Momentum ETF 23.1 39 -4 9.7 +0.2
FTXO First Trust Nasdaq Bank ETF 22.7 60 -25 8.8 -0.8
SVAL iShares US Small Cap Value Factor ETF 17.8 20 15 10.8 +1.3
PSCF Invesco S&P SmallCap Financials ETF 17.5 29 6 9.5 0.0
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 14.3 35 0 9.4 -0.1
XSVM Invesco S&P SmallCap Value with Momentum ETF 13.5 36 -1 12.1 +2.6
DFSV Dimensional US Small Cap Value ETF 12.9 31 4 10.5 +1.0
FXO First Trust Financials AlphaDEX Fund 12.4 62 -27 8.3 -1.2
GRPM Invesco S&P MidCap 400 GARP ETF 12.1 35 0 9.1 -0.4
SMCF Themes US Small Cap Cash Flow Champions ETF 11.9 29 6 12.6 +3.1
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 10.3 40 -5 7.2 -2.3
DFAT Dimensional U.S. Targeted Value ETF 9.9 28 7 9.6 +0.1
VTWV Vanguard Russell 2000 Value ETF 9.7 10 25 7.9 -1.7
SMDV ProShares Russell 2000 Dividend Growers ETF 9.2 40 -5 7.5 -2.0
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 8.6 60 -25 8.3 -1.2
IWN iShares Russell 2000 Value ETF 8.5 24 11 7.8 -1.8
JHSC John Hancock Multifactor Small Cap ETF 8.4 42 -7 6.8 -2.7
FOVL iShares Focused Value Factor ETF 8.1 25 10 10.1 +0.6
PEY Invesco High Yield Equity Dividend Achievers ETF 8.0 52 -17 10.0 +0.5
AVUV Avantis U.S. Small Cap Value ETF 7.7 25 10 10.2 +0.7
DES WisdomTree U.S. SmallCap Dividend Fund 7.6 38 -3 9.5 -0.0
TPSC Timothy Plan US Small Cap Core ETF 7.6 52 -17 7.0 -2.5
AIRR First Trust RBA American Industrial Renaissance ETF 7.6 70 -35 5.4 -4.2
CSA VictoryShares US Small Cap Volatility Wtd ETF 7.5 35 0 7.8 -1.7
IJS iShares S&P Small-Cap 600 Value ETF 7.5 18 17 10.2 +0.7
ISCV iShares Morningstar Small Cap Value ETF 7.4 6 29 9.4 -0.1
IJJ iShares S&P Mid-Cap 400 Value ETF 7.3 18 17 9.0 -0.6
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 7.3 60 -25 6.3 -3.2
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 7.2 39 -4 6.1 -3.5
MDYV SPDR S&P 400 Mid Cap Value ETF 7.2 15 20 9.0 -0.5
IVOV Vanguard S&P Mid-Cap 400 Value ETF 7.1 10 25 9.0 -0.5
VIOV Vanguard S&P Small-Cap 600 Value ETF 7.0 10 25 10.3 +0.8
SLYV SPDR S&P 600 Small Cap Value ETF 6.9 15 20 10.3 +0.7
SMAP Amplify Small-Mid Cap Equity ETF 6.7 60 -25 5.5 -4.0
STXK Strive Small-Cap ETF 6.5 18 17 6.2 -3.4
DON WisdomTree U.S. MidCap Dividend Fund 6.2 38 -3 8.9 -0.6
BKSE BNY Mellon US Small Cap Core Equity ETF 6.2 4 31 6.1 -3.4
FNDA Schwab Fundamental US Small Co. Index ETF 6.2 25 10 8.0 -1.5
FTDS First Trust Dividend Strength ETF 6.1 70 -35 7.9 -1.7
WBIY WBI Power Factor High Dividend ETF 6.1 100 -65 15.5 +6.0
VBR Vanguard Small Cap Value ETF 6.0 7 28 9.2 -0.3
DFAS Dimensional U.S. Small Cap ETF 5.8 26 9 6.6 -2.9
ESIX SPDR S&P SmallCap 600 ESG ETF 5.7 12 23 8.3 -1.3
EZM WisdomTree U.S. MidCap Fund 5.5 38 -3 9.3 -0.2
XJR iShares ESG Screened S&P Small-Cap ETF 5.3 12 23 7.5 -2.0
SCHA Schwab U.S. Small-Cap ETF 5.3 4 31 6.2 -3.3
FNK First Trust Mid Cap Value AlphaDEX Fund 5.3 70 -35 11.4 +1.9
MIDE Xtrackers S&P MidCap 400 ESG ETF 5.3 15 20 8.1 -1.4
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 5.2 15 20 7.5 -2.0
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 5.2 15 20 8.0 -1.6
XJH iShares ESG Screened S&P Mid-Cap ETF 5.2 12 23 7.3 -2.3
AVSC Avantis U.S Small Cap Equity ETF 5.1 25 10 6.0 -3.5
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 5.0 60 -25 7.0 -2.6
ETHO Etho Climate Leadership U.S. ETF 5.0 47 -12 5.4 -4.1
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 5.0 9 26 4.5 -5.1
IJR iShares Core S&P Small Cap ETF 5.0 6 29 7.9 -1.7
VTWO Vanguard Russell 2000 ETF 4.9 7 28 4.6 -5.0
MDY SPDR S&P Midcap 400 ETF Trust 4.9 24 11 7.3 -2.2
IJH iShares Core S&P Mid-Cap ETF 4.8 5 30 7.5 -2.0
VIOO Vanguard S&P Small-Cap 600 ETF 4.7 7 28 7.8 -1.7
SPSM SPDR Portfolio S&P 600 Small Cap ETF 4.7 3 32 7.9 -1.6
IVOO Vanguard S&P Mid-Cap 400 ETF 4.7 7 28 7.5 -2.1
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 4.7 3 32 7.6 -2.0
IWM iShares Russell 2000 ETF 4.7 19 16 4.5 -5.0
RSSL Global X Russell 2000 ETF 4.7 8 27 4.5 -5.0
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 4.6 55 -20 10.5 +1.0
ISMD Inspire Small/Mid Cap ETF 4.6 54 -19 6.1 -3.4
FYT First Trust Small Cap Value AlphaDEX Fund 4.4 73 -38 11.4 +1.8
FNX First Trust Mid Cap Core AlphaDEX Fund 4.1 60 -25 7.7 -1.9
ISCB iShares Morningstar Small-Cap ETF 4.1 4 31 6.2 -3.4
FFSM Fidelity Fundamental Small-Mid Cap ETF 4.1 43 -8 6.3 -3.2
ESML iShares ESG Aware MSCI USA Small-Cap ETF 4.1 17 18 5.9 -3.6
BSVO EA Bridgeway Omni Small-Cap Value ETF 4.0 47 -12 9.4 -0.2
JMEE JPMorgan Market Expansion Enhanced Equity ETF 3.9 24 11 7.9 -1.6
BOUT Innovator IBD Breakout Opportunities ETF 3.9 81 -46 3.3 -6.2
AFMC First Trust Active Factor Mid Cap ETF 3.9 65 -30 9.0 -0.5
PSC Principal U.S. Small-Cap ETF 3.9 38 -3 7.0 -2.6
RFV Invesco S&P Midcap 400 Pure Value ETF 3.9 35 0 13.3 +3.7
VFVA Vanguard U.S. Value Factor ETF 3.9 13 22 11.4 +1.9
HAPY Harbor Human Capital Factor Unconstrained ETF 3.8 50 -15 5.6 -3.9
AUSF Global X Adaptive U.S. Factor ETF 3.8 27 8 8.9 -0.6
EES WisdomTree U.S. SmallCap Fund 3.8 38 -3 9.2 -0.3
DVLU First Trust Dorsey Wright Momentum & Value ETF 3.7 60 -25 7.8 -1.7
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 3.7 7 28 6.2 -3.4
FESM Fidelity Enhanced Small Cap ETF 3.6 28 7 7.8 -1.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 3.6 20 15 6.0 -3.6
NUSC Nuveen ESG Small-Cap ETF 3.6 31 4 5.5 -4.1
VB Vanguard Small-Cap ETF 3.5 5 30 6.2 -3.3
FYX First Trust Small Cap Core AlphaDEX Fund 3.4 61 -26 6.4 -3.1
FSMD Fidelity Small-Mid Multifactor ETF 3.3 15 20 7.3 -2.3
OSCV Opus Small Cap Value ETF 3.3 79 -44 6.7 -2.8
BFOR ALPS Barron's 400 ETF 3.3 65 -30 6.1 -3.5
FLDZ RiverNorth Patriot ETF 3.3 75 -40 6.1 -3.4
SFYX SoFi Next 500 ETF 3.1 0 35 6.0 -3.6
FSCS First Trust SMID Capital Strength ETF 3.1 60 -25 7.0 -2.5
VXF Vanguard Extended Market ETF 3.0 5 30 4.8 -4.8
XMMO Invesco S&P MidCap Momentum ETF 3.0 34 1 5.7 -3.9
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 2.9 39 -4 6.6 -3.0
VFMF Vanguard U.S. Multifactor ETF 2.9 18 17 8.3 -1.2
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 2.9 29 6 8.8 -0.8
TMDV ProShares Russell US Dividend Growers ETF 2.8 35 0 6.5 -3.0
XSMO Invesco S&P SmallCap Momentum ETF 2.8 39 -4 5.8 -3.8
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 2.8 38 -3 10.2 +0.7
CVY Invesco Zacks Multi-Asset Income ETF 2.8 106 -71 12.1 +2.5
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 2.7 35 0 7.3 -2.3
SMLF iShares U.S. SmallCap Equity Factor ETF 2.7 15 20 6.3 -3.2
IJT iShares S&P Small-Cap 600 Growth ETF 2.7 18 17 5.6 -4.0
FNY First Trust Mid Cap Growth AlphaDEX Fund 2.7 70 -35 3.0 -6.5
VFH Vanguard Financials ETF 2.6 9 26 6.5 -3.1
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.6 10 25 5.7 -3.8
DHS WisdomTree U.S. High Dividend Fund 2.6 38 -3 8.2 -1.4
ROSC Hartford Multifactor Small Cap ETF 2.6 34 1 9.9 +0.4
FNCL Fidelity MSCI Financials Index ETF 2.6 8 27 6.4 -3.1
SDY SPDR S&P Dividend ETF 2.6 35 0 6.7 -2.9
SLYG SPDR S&P 600 Small Cap Growth ETF 2.6 15 20 5.6 -3.9
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 2.5 12 23 7.6 -2.0
FAB First Trust Multi Cap Value AlphaDEX Fund 2.5 67 -32 10.3 +0.7
IJK iShares S&P Mid-Cap 400 Growth ETF 2.5 17 18 6.0 -3.5
STXM Strive Mid-Cap ETF 2.4 18 17 6.4 -3.2
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 2.4 10 25 6.0 -3.5
RWK Invesco S&P MidCap 400 Revenue ETF 2.4 39 -4 9.6 +0.1
BKMC BNY Mellon US Mid Cap Core Equity ETF 2.4 4 31 6.2 -3.3
MDYG SPDR S&P 400 Mid Cap Growth ETF 2.4 15 20 6.1 -3.5
XMLV Invesco S&P MidCap Low Volatility ETF 2.3 25 10 7.7 -1.9
HAPS Harbor Human Capital Factor US Small Cap ETF 2.3 60 -25 4.2 -5.4
SCHM Schwab U.S. Mid-Cap ETF 2.2 4 31 6.8 -2.8
DXUV Dimensional US Vector Equity ETF 2.2 28 7 6.3 -3.2
XSLV Invesco S&P SmallCap Low Volatility ETF 2.2 25 10 7.6 -2.0
AFSM First Trust Active Factor Small Cap ETF 2.1 75 -40 7.8 -1.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 2.1 39 -4 9.7 +0.2
MBOX Freedom Day Dividend ETF 2.1 39 -4 7.7 -1.9
SQLV Royce Quant Small-Cap Quality Value ETF 2.1 60 -25 9.9 +0.4
FMKT The Free Markets ETF 2.0 76 -41 1.9 -7.6
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 2.0 25 10 5.8 -3.7
RNMC First Trust Mid Cap US Equity Select ETF 1.9 60 -25 6.6 -3.0
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.9 52 -17 6.6 -3.0
IYG iShares US Financial Services ETF 1.9 40 -5 5.4 -4.2
COPY Tweedy, Browne Insider + Value ETF 1.9 80 -45 11.9 +2.3
ALIL Argent Focused Small Cap ETF 1.9 74 -39 7.1 -2.4
DEW WisdomTree Global High Dividend Fund 1.9 58 -23 8.7 -0.9
DVY iShares Select Dividend ETF 1.6 38 -3 9.4 -0.1
IYF iShares U.S. Financials ETF 1.6 40 -5 5.9 -3.6
SMMD iShares Russell 2500 ETF 1.6 15 20 6.4 -3.2
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 1.6 79 -44 4.5 -5.0
VFMO Vanguard U.S. Momentum Factor ETF 1.6 13 22 3.1 -6.4
AVMV Avantis U.S. Mid Cap Value ETF 1.6 20 15 8.9 -0.6
ARB AltShares Merger Arbitrage ETF 1.6 77 -42 4.2 -5.3
VFQY Vanguard U.S. Quality Factor ETF 1.5 13 22 6.4 -3.1
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.5 80 -45 8.3 -1.3
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 1.5 27 8 7.0 -2.5
DIVY Sound Equity Dividend Income ETF 1.4 45 -10 11.2 +1.7
JVAL JPMorgan U.S. Value Factor ETF 1.4 12 23 8.4 -1.2
DFUV Dimensional US Marketwide Value ETF 1.4 22 13 7.7 -1.8
WDIV SPDR S&P Global Dividend ETF 1.4 40 -5 9.6 +0.0
QDEF FlexShares Quality Dividend Defensive Index Fund 1.4 37 -2 6.2 -3.4
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 1.4 5 30 8.1 -1.4
FYC First Trust Small Cap Growth AlphaDEX Fund 1.3 71 -36 0.5 -9.0
DFAC Dimensional U.S. Core Equity 2 ETF 1.3 17 18 5.6 -3.9
AVMC Avantis U.S. Mid Cap Equity ETF 1.3 18 17 7.0 -2.6
ONEY SPDR Russell 1000 Yield Focus ETF 1.2 20 15 9.8 +0.2
AVSU Avantis Responsible U.S. Equity ETF 1.2 15 20 6.1 -3.4
VSDA VictoryShares Dividend Accelerator ETF 1.1 35 0 7.0 -2.5
KBWD Invesco KBW High Dividend Yield Financial ETF 1.1 384 -349 13.2 +3.7
JHMM John Hancock Multifactor Mid Cap ETF 1.1 42 -7 6.5 -3.0
IWO iShares Russell 2000 Growth ETF 1.1 24 11 1.4 -8.1
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 1.1 15 20 9.3 -0.2
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.1 64 -29 2.3 -7.2
IWS iShares Russell Mid-Cap Value ETF 1.0 23 12 6.8 -2.7
FDL First Trust Morningstar Dividend Leaders Index Fund 1.0 45 -10 9.5 -0.0
RZV Invesco S&P Smallcap 600 Pure Value ETF 1.0 35 0 10.8 +1.2
DCOR Dimensional US Core Equity 1 ETF 1.0 14 21 5.5 -4.1
RNSC Furst Trust Small Cap US Equity Select ETF 1.0 60 -25 6.1 -3.4
XSHQ Invesco S&P SmallCap Quality ETF 1.0 29 6 8.2 -1.3
DTD WisdomTree U.S. Total Dividend Fund 1.0 28 7 6.4 -3.2
AVUS Avantis U.S. Equity ETF 1.0 15 20 5.9 -3.7
EQAL Invesco Russell 1000 Equal Weight ETF 1.0 20 15 7.0 -2.6
QDF FlexShares Quality Dividend Index Fund 1.0 37 -2 6.3 -3.2
VYM Vanguard High Dividend Yield Index ETF 0.9 6 29 7.2 -2.3
VLU SPDR S&P 1500 Value Tilt ETF 0.9 12 23 7.6 -1.9
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.9 35 0 9.9 +0.4
FFOX FundX Future Fund Opportunities ETF 0.9 100 -65 4.4 -5.2
CGDG Capital Group Dividend Growers ETF 0.9 47 -12 6.2 -3.3
VAMO Cambria Value & Momentum ETF 0.9 61 -26 6.3 -3.2
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.8 56 -21 11.0 +1.5
CVAR Cultivar ETF 0.8 87 -52 7.0 -2.6
CZA Invesco Zacks Mid-Cap ETF 0.8 72 -37 6.5 -3.0
IWR iShares Russell Midcap ETF 0.8 19 16 5.9 -3.7
DFSU Dimensional US Sustainability Core 1 ETF 0.8 18 17 5.5 -4.1
ISCG iShares Morningstar Small-Cap Growth ETF 0.7 6 29 2.9 -6.6
SCHD Schwab US Dividend Equity ETF 0.7 6 29 9.9 +0.3
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.7 25 10 8.2 -1.4
VUSE Vident U.S. Equity Strategy ETF 0.6 50 -15 4.6 -5.0
EBI Longview Advantage ETF 0.6 35 0 6.7 -2.8
DGRO iShares Core Dividend Growth ETF 0.6 8 27 6.5 -3.1
VFMV Vanguard U.S. Minimum Volatility ETF 0.6 13 22 5.8 -3.8
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 0.6 60 -25 6.1 -3.5
XMHQ Invesco S&P MidCap Quality ETF 0.6 25 10 7.3 -2.2
TXS Texas Capital Texas Equity Index ETF 0.6 49 -14 5.7 -3.8
ONEO SPDR Russell 1000 Momentum Focus ETF 0.6 20 15 7.1 -2.4
PRF Invesco FTSE RAFI US 1000 ETF 0.6 39 -4 6.9 -2.6
DIVB iShares Core Dividend ETF 0.5 5 30 7.7 -1.8
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.5 30 5 8.5 -1.1
DFAU Dimensional US Core Equity Market ETF 0.5 12 23 5.1 -4.4
FQAL Fidelity Quality Factor ETF 0.5 15 20 5.7 -3.8
STXV Strive 1000 Value ETF 0.5 18 17 8.2 -1.4
RDVY First Trust Rising Dividend Achievers ETF 0.5 50 -15 7.5 -2.0
FNDB Schwab Fundamental US Broad Market Index ETF 0.5 25 10 7.3 -2.2
ONEQ Fidelity Nasdaq Composite Index ETF 0.5 21 14 3.8 -5.8
PFM Invesco Dividend Achievers ETF 0.4 53 -18 5.3 -4.2
FVD First Trust Value Line Dividend Index Fund 0.4 65 -30 6.4 -3.2
ESGV Vanguard ESG U.S. Stock ETF 0.4 9 26 4.8 -4.8
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.4 24 11 8.3 -1.2
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.4 60 -25 2.1 -7.4
PTL Inspire 500 ETF 0.4 9 26 5.4 -4.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.4 12 23 4.6 -4.9
IUSV iShares Core S&P US Value ETF 0.4 4 31 6.6 -3.0
DFUS Dimensional U.S. Equity ETF 0.4 9 26 4.9 -4.6
VIG Vanguard Dividend Appreciation ETF 0.4 5 30 5.6 -3.9
SCHB Schwab U.S. Broad Market ETF 0.4 3 32 5.1 -4.5
VTWG Vanguard Russell 2000 Growth ETF 0.4 10 25 1.5 -8.0
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.4 3 32 5.0 -4.6
VTI Vanguard Total Stock Market ETF 0.4 3 32 4.9 -4.6
IWV iShares Russell 3000 ETF 0.4 20 15 4.8 -4.7
VTHR Vanguard Russell 3000 ETF 0.4 7 28 4.9 -4.6
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.4 15 20 6.1 -3.4
IWD iShares Russell 1000 Value ETF 0.3 19 16 6.5 -3.0
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.3 3 32 5.2 -4.3
VONV Vanguard Russell 1000 Value ETF 0.3 7 28 6.7 -2.9
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 18 7.1 -2.4
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF 0.3 12 23 5.8 -3.8
GVUS Marketbeta Russell 1000 Value Equity ETF 0.3 12 23 6.6 -2.9
RDIV Invesco S&P Ultra Dividend Revenue ETF 0.3 39 -4 12.3 +2.7
DGRW WisdomTree US Quality Dividend Growth Fund 0.3 28 7 5.5 -4.0
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 -54 4.8 -4.7
FBCV Fidelity Blue Chip Value ETF 0.2 59 -24 7.6 -2.0
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 15 7.8 -1.7
SCHK Schwab 1000 Index ETF 0.2 5 30 5.1 -4.5
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.2 15 20 5.0 -4.6
ROUS Hartford Multifactor US Equity ETF 0.2 19 16 7.3 -2.3
VT Vanguard Total World Stock ETF 0.2 6 29 6.0 -3.6
BLES Inspire Global Hope ETF 0.2 61 -26 6.8 -2.7
IYY iShares Dow Jones U.S. ETF 0.2 20 15 4.8 -4.7
GOP Unusual Whales Subversive Republican Trading ETF 0.2 50 -15 5.8 -3.8
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 17 7.8 -1.7
HKND Humankind US Stock ETF 0.2 11 24 7.4 -2.2
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 23 6.0 -3.6
IWB iShares Russell 1000 ETF 0.2 15 20 4.9 -4.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.2 29 6 6.5 -3.0
STXD Strive 1000 Dividend Growth ETF 0.2 35 0 4.9 -4.6
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 24 5.0 -4.6
VBK Vanguard Small-Cap Growth ETF 0.2 7 28 1.9 -7.6
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 21 5.0 -4.6
VONE Vanguard Russell 1000 ETF 0.2 7 28 5.0 -4.5
JSML Janus Henderson Small Cap Growth Alpha ETF 0.2 30 5 8.2 -1.3
REVS Columbia Research Enhanced Value ETF 0.1 19 16 7.8 -1.8
PKW Invesco Buyback Achievers ETF 0.1 62 -27 7.4 -2.1
IUSG iShares Core S&P U.S. Growth ETF 0.1 4 31 4.2 -5.3
SCHV Schwab U.S. Large-Cap Value ETF 0.1 4 31 6.8 -2.7
FMDE Fidelity Enhanced Mid Cap ETF 0.1 23 12 5.8 -3.7
GVLU Gotham 1000 Value ETF 0.1 50 -15 9.1 -0.4
AVUQ Avantis U.S. Quality ETF 0.1 15 20 4.8 -4.7
RECS Columbia Research Enhanced Core ETF 0.1 15 20 5.8 -3.7
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 20 8.0 -1.6
HLGE Hartford Longevity Economy ETF 0.1 44 -9 6.6 -3.0
SCHX Schwab U.S. Large-Cap ETF 0.1 3 32 5.0 -4.5
DSI iShares MSCI KLD 400 Social ETF 0.0 25 10 4.9 -4.7
IWP iShares Russell Mid-Cap Growth ETF 0.0 23 12 3.4 -6.1
JHML John Hancock Multifactor Large Cap ETF 0.0 29 6 5.4 -4.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 15 5.1 -4.4
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 0.0 56 -21 6.4 -3.2
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 10 7.2 -2.3
STXG Strive 1000 Growth ETF 0.0 18 17 3.9 -5.6
DFLV Dimensional US Large Cap Value ETF 0.0 22 13 8.0 -1.6
IWF iShares Russell 1000 Growth ETF 0.0 19 16 4.4 -5.2
VONG Vanguard Russell 1000 Growth ETF 0.0 7 28 4.5 -5.0
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 23 4.5 -5.1

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

  2020 2021 2022 2023 2024 2025E 2026E
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
  2024 2025E 2026E
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 Regional Banking 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 10.8 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 9.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.68 CATEGORY
AVERAGE		 1.59
 
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.