Invesco KBW Regional Banking ETF
ALTAR
Score™		 10.0% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 11.5x P/Sales
ratio		 3.4x
P/BV
ratio		 1.1x Div.
yield		 2.9%


  • 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) $50
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 48
Wgt avg mkt cap (mns) $4,791
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
SOUTHSTATE BANK CORP 4.0 %
WEBSTER FINANCIAL CORP 3.9 %
UMB FINANCIAL CORP 3.7 %
WINTRUST FINANCIAL CORP 3.6 %
OLD NATL BANCORP/IN 3.5 %
EASTERN BANKSHARES, INC. 2.1 %
BOK FINANCIAL CORPORATION 2.1 %
VALLEY NATIONAL BANCORP 2.1 %
AMERIS BANCORP 2.1 %
BANCORPSOUTH BANK 2.1 %
Total 29.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 90.0 %
PUERTO RICO 4.0 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
2.2% 7.8% 16.3% 6.6% 9.8%

Market Correlations
versus... Beta R-squared
S&P500 1.24 30%
MSCI EAFE 0.76 14%
MSCI Emg. Mkts. 0.44 5%

Technical Indicators
Recent close $58.73
30d moving avg. $60.20
Annualized volatility 30.5%
Short interest (ETF) 1.6%
Short interest (Underlying) 2.6%
Relative strength (RSI) 47

Liquidity measures
Avg. volume (thou.) 4
Turnover 0.5%
Bid/Ask (% of price) 0.59%
ADV underlying (mns) $899

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 281 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™: 10.0%


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 52.5 35 0 10.3 +0.2
KBE SPDR S&P Bank ETF 44.6 35 0 9.7 -0.3
QABA First Trust NASDAQ ABA Community Bank Index Fund 36.4 60 -25 9.4 -0.7
IAT iShares U.S. Regional Banks ETF 20.9 40 -5 9.8 -0.3
FTXO First Trust Nasdaq Bank ETF 20.7 60 -25 8.7 -1.3
XMVM Invesco S&P MidCap Value with Momentum ETF 20.5 39 -4 9.8 -0.2
PSCF Invesco S&P SmallCap Financials ETF 17.5 29 6 9.5 -0.5
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 16.4 35 0 9.3 -0.8
XSVM Invesco S&P SmallCap Value with Momentum ETF 12.9 36 -1 10.8 +0.7
SMCF Themes US Small Cap Cash Flow Champions ETF 12.1 29 6 12.4 +2.4
DFSV Dimensional US Small Cap Value ETF 12.1 31 4 10.1 +0.1
GRPM Invesco S&P MidCap 400 GARP ETF 12.0 35 0 7.6 -2.5
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 11.5 40 -5 7.3 -2.8
FXO First Trust Financials AlphaDEX Fund 10.7 62 -27 8.5 -1.6
SMDV ProShares Russell 2000 Dividend Growers ETF 9.9 40 -5 7.6 -2.5
PEY Invesco High Yield Equity Dividend Achievers ETF 9.1 52 -17 10.3 +0.2
DFAT Dimensional U.S. Targeted Value ETF 9.1 28 7 9.4 -0.7
TPSC Timothy Plan US Small Cap Core ETF 9.0 52 -17 6.9 -3.2
CSA VictoryShares US Small Cap Volatility Wtd ETF 8.8 35 0 7.8 -2.2
AVUV Avantis U.S. Small Cap Value ETF 8.7 25 10 9.8 -0.2
JHSC John Hancock Multifactor Small Cap ETF 8.6 42 -7 6.6 -3.5
DES WisdomTree U.S. SmallCap Dividend Fund 8.4 38 -3 9.4 -0.6
IWN iShares Russell 2000 Value ETF 8.0 24 11 7.1 -3.0
VTWV Vanguard Russell 2000 Value ETF 7.9 10 25 7.1 -3.0
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 7.1 39 -4 5.7 -4.3
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 7.1 60 -25 7.6 -2.5
AIRR First Trust RBA American Industrial Renaissance ETF 7.0 70 -35 4.6 -5.4
IJS iShares S&P Small-Cap 600 Value ETF 6.9 18 17 9.5 -0.5
BKSE BNY Mellon US Small Cap Core Equity ETF 6.9 4 31 5.7 -4.3
DON WisdomTree U.S. MidCap Dividend Fund 6.7 38 -3 9.0 -1.0
ISCV iShares Morningstar Small Cap Value ETF 6.7 6 29 9.2 -0.8
VIOV Vanguard S&P Small-Cap 600 Value ETF 6.4 10 25 9.6 -0.5
SLYV SPDR S&P 600 Small Cap Value ETF 6.4 15 20 9.6 -0.5
IJJ iShares S&P Mid-Cap 400 Value ETF 6.3 18 17 8.8 -1.3
MDYV SPDR S&P 400 Mid Cap Value ETF 6.1 15 20 8.8 -1.2
STXK Strive Small-Cap ETF 6.0 18 17 5.8 -4.3
IVOV Vanguard S&P Mid-Cap 400 Value ETF 6.0 10 25 8.9 -1.1
SMAP Amplify Small-Mid Cap Equity ETF 5.9 60 -25 5.5 -4.5
EZM WisdomTree U.S. MidCap Fund 5.9 38 -3 9.1 -0.9
MIDE Xtrackers S&P MidCap 400 ESG ETF 5.9 15 20 7.9 -2.1
FTDS First Trust Dividend Strength ETF 5.9 70 -35 7.8 -2.3
FNK First Trust Mid Cap Value AlphaDEX Fund 5.8 70 -35 11.2 +1.2
AVSC Avantis U.S Small Cap Equity ETF 5.8 25 10 5.5 -4.6
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 5.7 9 26 4.0 -6.0
ESIX SPDR S&P SmallCap 600 ESG ETF 5.6 12 23 8.0 -2.0
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 5.5 35 0 7.1 -2.9
BSVO EA Bridgeway Omni Small-Cap Value ETF 5.4 47 -12 9.0 -1.1
FNDA Schwab Fundamental US Small Co. Index ETF 5.3 25 10 8.3 -1.8
ISMD Inspire Small/Mid Cap ETF 5.3 54 -19 5.5 -4.5
DFAS Dimensional U.S. Small Cap ETF 5.2 26 9 6.4 -3.7
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 5.2 55 -20 10.2 +0.1
VBR Vanguard Small Cap Value ETF 5.1 7 28 9.1 -0.9
XJR iShares ESG Screened S&P Small-Cap ETF 5.0 12 23 7.3 -2.7
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 5.0 15 20 7.8 -2.3
FYT First Trust Small Cap Value AlphaDEX Fund 4.9 73 -38 10.8 +0.7
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 4.9 60 -25 6.8 -3.2
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 4.8 15 20 7.3 -2.8
DVLU First Trust Dorsey Wright Momentum & Value ETF 4.7 60 -25 7.0 -3.1
SCHA Schwab U.S. Small-Cap ETF 4.7 4 31 5.7 -4.3
XJH iShares ESG Screened S&P Mid-Cap ETF 4.6 12 23 7.1 -3.0
IJR iShares Core S&P Small Cap ETF 4.6 6 29 7.5 -2.5
FESM Fidelity Enhanced Small Cap ETF 4.4 28 7 6.9 -3.1
VFVA Vanguard U.S. Value Factor ETF 4.4 13 22 10.9 +0.8
PSC Principal U.S. Small-Cap ETF 4.4 38 -3 6.7 -3.4
SVAL iShares US Small Cap Value Factor ETF 4.3 20 15 10.4 +0.3
EES WisdomTree U.S. SmallCap Fund 4.3 38 -3 8.8 -1.3
JMEE JPMorgan Market Expansion Enhanced Equity ETF 4.3 24 11 7.6 -2.4
VIOO Vanguard S&P Small-Cap 600 ETF 4.3 7 28 7.5 -2.6
SPSM SPDR Portfolio S&P 600 Small Cap ETF 4.3 3 32 7.5 -2.5
RSSL Global X Russell 2000 ETF 4.3 8 27 4.2 -5.9
IWM iShares Russell 2000 ETF 4.3 19 16 4.1 -6.0
VTWO Vanguard Russell 2000 ETF 4.2 7 28 4.1 -5.9
ETHO Etho Climate Leadership U.S. ETF 4.2 47 -12 5.2 -4.9
FFSM Fidelity Fundamental Small-Mid Cap ETF 4.1 43 -8 6.0 -4.0
MDY SPDR S&P Midcap 400 ETF Trust 4.1 24 11 7.2 -2.9
IJH iShares Core S&P Mid-Cap ETF 4.1 5 30 7.3 -2.7
RFV Invesco S&P Midcap 400 Pure Value ETF 4.0 35 0 13.1 +3.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 3.9 20 15 5.5 -4.5
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 3.9 3 32 7.4 -2.7
IVOO Vanguard S&P Mid-Cap 400 ETF 3.9 7 28 7.4 -2.6
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 3.8 7 28 6.0 -4.1
FSMD Fidelity Small-Mid Multifactor ETF 3.7 15 20 7.1 -2.9
XSLV Invesco S&P SmallCap Low Volatility ETF 3.7 25 10 7.7 -2.3
ISCB iShares Morningstar Small-Cap ETF 3.6 4 31 6.1 -4.0
FNX First Trust Mid Cap Core AlphaDEX Fund 3.6 60 -25 7.2 -2.8
ROSC Hartford Multifactor Small Cap ETF 3.5 34 1 9.3 -0.7
ESML iShares ESG Aware MSCI USA Small-Cap ETF 3.5 17 18 5.6 -4.5
NUSC Nuveen ESG Small-Cap ETF 3.5 31 4 5.2 -4.9
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 3.5 29 6 8.2 -1.9
BFOR ALPS Barron's 400 ETF 3.5 65 -30 6.0 -4.1
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 3.4 38 -3 10.0 -0.0
FYX First Trust Small Cap Core AlphaDEX Fund 3.4 61 -26 5.8 -4.3
OSCV Opus Small Cap Value ETF 3.3 79 -44 6.6 -3.4
WBIY WBI Power Factor High Dividend ETF 3.3 100 -65 15.1 +5.1
VFMF Vanguard U.S. Multifactor ETF 3.3 18 17 7.9 -2.2
AFMC First Trust Active Factor Mid Cap ETF 3.2 65 -30 8.4 -1.6
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 3.1 39 -4 5.2 -4.9
FLDZ RiverNorth Patriot ETF 3.1 75 -40 6.1 -3.9
TMDV ProShares Russell US Dividend Growers ETF 3.0 35 0 6.7 -3.4
FSCS First Trust SMID Capital Strength ETF 3.0 60 -25 7.4 -2.7
VB Vanguard Small-Cap ETF 2.9 5 30 6.1 -4.0
AUSF Global X Adaptive U.S. Factor ETF 2.8 27 8 8.8 -1.2
ARB AltShares Merger Arbitrage ETF 2.8 77 -42 4.2 -5.8
DHS WisdomTree U.S. High Dividend Fund 2.8 38 -3 8.1 -1.9
FNCL Fidelity MSCI Financials Index ETF 2.8 8 27 6.5 -3.6
FAB First Trust Multi Cap Value AlphaDEX Fund 2.7 67 -32 10.0 -0.1
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 2.7 12 23 7.5 -2.5
HAPS Harbor Human Capital Factor US Small Cap ETF 2.6 60 -25 3.8 -6.2
VXF Vanguard Extended Market ETF 2.6 5 30 4.6 -5.5
SFYX SoFi Next 500 ETF 2.6 0 35 5.7 -4.4
SQLV Royce Quant Small-Cap Quality Value ETF 2.6 60 -25 9.6 -0.5
IJT iShares S&P Small-Cap 600 Growth ETF 2.4 18 17 5.5 -4.6
HAPY Harbor Human Capital Factor Unconstrained ETF 2.4 50 -15 5.7 -4.3
VFH Vanguard Financials ETF 2.4 9 26 6.5 -3.6
SMLF iShares U.S. SmallCap Equity Factor ETF 2.4 15 20 5.8 -4.3
CVY Invesco Zacks Multi-Asset Income ETF 2.3 106 -71 12.7 +2.7
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.3 10 25 5.6 -4.5
SLYG SPDR S&P 600 Small Cap Growth ETF 2.3 15 20 5.5 -4.6
BKMC BNY Mellon US Mid Cap Core Equity ETF 2.3 4 31 6.1 -3.9
RWK Invesco S&P MidCap 400 Revenue ETF 2.3 39 -4 9.5 -0.6
SCHM Schwab U.S. Mid-Cap ETF 2.3 4 31 6.6 -3.5
STXM Strive Mid-Cap ETF 2.2 18 17 6.1 -4.0
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 2.2 25 10 5.5 -4.6
SDY SPDR S&P Dividend ETF 2.2 35 0 6.7 -3.4
XMLV Invesco S&P MidCap Low Volatility ETF 2.1 25 10 7.7 -2.4
IJK iShares S&P Mid-Cap 400 Growth ETF 2.1 17 18 5.9 -4.2
FMKT The Free Markets ETF 2.1 76 -41 1.5 -8.6
DEW WisdomTree Global High Dividend Fund 2.0 58 -23 8.3 -1.7
RWJ Invesco S&P SmallCap 600 Revenue ETF 2.0 39 -4 9.5 -0.6
DXUV Dimensional US Vector Equity ETF 2.0 28 7 6.1 -3.9
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 2.0 10 25 6.0 -4.0
MDYG SPDR S&P 400 Mid Cap Growth ETF 2.0 15 20 5.9 -4.2
AFSM First Trust Active Factor Small Cap ETF 1.9 75 -40 7.6 -2.4
RNMC First Trust Mid Cap US Equity Select ETF 1.9 60 -25 6.7 -3.3
MBOX Freedom Day Dividend ETF 1.8 39 -4 7.4 -2.7
RFDA RiverFront Dynamic US Dividend Advantage ETF 1.8 52 -17 6.2 -3.9
ALIL Argent Focused Small Cap ETF 1.8 74 -39 7.3 -2.8
VFQY Vanguard U.S. Quality Factor ETF 1.7 13 22 6.3 -3.7
COPY Tweedy, Browne Insider + Value ETF 1.7 80 -45 11.7 +1.7
AVMV Avantis U.S. Mid Cap Value ETF 1.7 20 15 8.8 -1.3
QDEF FlexShares Quality Dividend Defensive Index Fund 1.6 37 -2 5.9 -4.1
DVY iShares Select Dividend ETF 1.6 38 -3 9.0 -1.0
VFMO Vanguard U.S. Momentum Factor ETF 1.6 13 22 2.8 -7.3
JVAL JPMorgan U.S. Value Factor ETF 1.6 12 23 7.9 -2.2
IYG iShares US Financial Services ETF 1.6 40 -5 5.3 -4.7
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 1.5 27 8 7.0 -3.0
DIVY Sound Equity Dividend Income ETF 1.4 45 -10 9.7 -0.4
WDIV SPDR S&P Global Dividend ETF 1.4 40 -5 9.2 -0.9
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 1.4 15 20 8.7 -1.3
IYF iShares U.S. Financials ETF 1.3 40 -5 5.9 -4.1
DFUV Dimensional US Marketwide Value ETF 1.3 22 13 7.4 -2.6
AVSU Avantis Responsible U.S. Equity ETF 1.3 15 20 5.8 -4.2
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.3 60 -25 5.5 -4.6
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.3 80 -45 8.1 -2.0
KBWD Invesco KBW High Dividend Yield Financial ETF 1.2 384 -349 13.8 +3.8
SMMD iShares Russell 2500 ETF 1.2 15 20 6.0 -4.0
AVMC Avantis U.S. Mid Cap Equity ETF 1.2 18 17 6.9 -3.1
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 1.2 60 -25 5.0 -5.1
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 1.2 5 30 8.0 -2.1
ONEY SPDR Russell 1000 Yield Focus ETF 1.1 20 15 9.6 -0.4
DFAC Dimensional U.S. Core Equity 2 ETF 1.1 17 18 5.4 -4.7
QDF FlexShares Quality Dividend Index Fund 1.1 37 -2 6.0 -4.0
VSDA VictoryShares Dividend Accelerator ETF 1.1 35 0 7.2 -2.8
JHMM John Hancock Multifactor Mid Cap ETF 1.1 42 -7 6.3 -3.7
DTD WisdomTree U.S. Total Dividend Fund 1.1 28 7 6.2 -3.8
AVUS Avantis U.S. Equity ETF 1.1 15 20 5.6 -4.5
RZV Invesco S&P Smallcap 600 Pure Value ETF 1.0 35 0 9.9 -0.1
CGDG Capital Group Dividend Growers ETF 1.0 47 -12 6.1 -3.9
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 1.0 60 -25 6.2 -3.9
RNSC Furst Trust Small Cap US Equity Select ETF 1.0 60 -25 6.1 -3.9
FFOX FundX Future Fund Opportunities ETF 1.0 100 -65 4.2 -5.9
XSHQ Invesco S&P SmallCap Quality ETF 1.0 29 6 7.4 -2.7
FDL First Trust Morningstar Dividend Leaders Index Fund 1.0 45 -10 10.7 +0.7
SYLD Cambria Shareholder Yield ETF 1.0 59 -24 11.9 +1.9
CVAR Cultivar ETF 0.9 87 -52 6.6 -3.5
IWO iShares Russell 2000 Growth ETF 0.9 24 11 1.2 -8.8
RDIV Invesco S&P Ultra Dividend Revenue ETF 0.9 39 -4 11.4 +1.4
VTWG Vanguard Russell 2000 Growth ETF 0.9 10 25 1.4 -8.7
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.9 79 -44 4.3 -5.8
ROE Astoria US Quality Kings ETF 0.9 49 -14 6.4 -3.6
DCOR Dimensional US Core Equity 1 ETF 0.9 14 21 5.3 -4.8
VAMO Cambria Value & Momentum ETF 0.9 61 -26 5.7 -4.3
OPTZ Optimize Strategy Index ETF 0.9 50 -15 4.5 -5.6
FYC First Trust Small Cap Growth AlphaDEX Fund 0.9 71 -36 0.4 -9.7
IWS iShares Russell Mid-Cap Value ETF 0.9 23 12 6.7 -3.3
VYM Vanguard High Dividend Yield Index ETF 0.8 6 29 7.0 -3.1
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.8 70 -35 2.7 -7.4
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.8 56 -21 10.7 +0.6
SCHD Schwab US Dividend Equity ETF 0.8 6 29 10.0 -0.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.8 20 15 6.7 -3.3
VLU SPDR S&P 1500 Value Tilt ETF 0.8 12 23 7.3 -2.8
XSMO Invesco S&P SmallCap Momentum ETF 0.8 39 -4 5.6 -4.5
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.8 35 0 9.5 -0.6
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.8 25 10 7.8 -2.3
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.7 60 -25 1.9 -8.2
IWR iShares Russell Midcap ETF 0.7 19 16 5.8 -4.3
ISCG iShares Morningstar Small-Cap Growth ETF 0.7 6 29 2.8 -7.2
EBI Longview Advantage ETF 0.6 35 0 6.4 -3.6
DFSU Dimensional US Sustainability Core 1 ETF 0.6 18 17 5.2 -4.8
VFMV Vanguard U.S. Minimum Volatility ETF 0.6 13 22 5.8 -4.3
TXS Texas Capital Texas Equity Index ETF 0.6 49 -14 5.5 -4.5
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.6 24 11 8.2 -1.9
XMHQ Invesco S&P MidCap Quality ETF 0.5 25 10 6.6 -3.5
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.5 30 5 8.5 -1.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.5 21 14 3.5 -6.5
STXV Strive 1000 Value ETF 0.5 18 17 7.9 -2.1
DGRO iShares Core Dividend Growth ETF 0.5 8 27 6.4 -3.6
FQAL Fidelity Quality Factor ETF 0.5 15 20 5.6 -4.5
ONEO SPDR Russell 1000 Momentum Focus ETF 0.5 20 15 7.0 -3.0
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.5 15 20 6.0 -4.1
PRF Invesco FTSE RAFI US 1000 ETF 0.4 39 -4 6.6 -3.5
RDVY First Trust Rising Dividend Achievers ETF 0.4 50 -15 6.7 -3.4
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.4 64 -29 2.1 -7.9
DFAU Dimensional US Core Equity Market ETF 0.4 12 23 4.9 -5.2
DIVB iShares Core Dividend ETF 0.4 5 30 8.0 -2.0
PFM Invesco Dividend Achievers ETF 0.4 53 -18 5.2 -4.9
FNDB Schwab Fundamental US Broad Market Index ETF 0.4 25 10 7.0 -3.0
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 0.4 55 -20 4.7 -5.4
ESGV Vanguard ESG U.S. Stock ETF 0.4 9 26 4.5 -5.5
FVD First Trust Value Line Dividend Index Fund 0.4 65 -30 6.3 -3.7
PTL Inspire 500 ETF 0.4 9 26 5.1 -5.0
IUSV iShares Core S&P US Value ETF 0.3 4 31 6.3 -3.8
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 18 7.1 -2.9
DFUS Dimensional U.S. Equity ETF 0.3 9 26 4.6 -5.4
SCHB Schwab U.S. Broad Market ETF 0.3 3 32 4.8 -5.2
GVUS Marketbeta Russell 1000 Value Equity ETF 0.3 12 23 6.4 -3.6
IWV iShares Russell 3000 ETF 0.3 20 15 4.6 -5.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.3 3 32 4.7 -5.3
VTI Vanguard Total Stock Market ETF 0.3 3 32 4.7 -5.3
VTHR Vanguard Russell 3000 ETF 0.3 7 28 4.7 -5.3
GQQQ Astoria US Quality Growth Kings ETF 0.3 35 0 4.4 -5.6
ROUS Hartford Multifactor US Equity ETF 0.3 19 16 6.9 -3.1
VIG Vanguard Dividend Appreciation ETF 0.3 5 30 5.5 -4.6
DGRW WisdomTree US Quality Dividend Growth Fund 0.3 28 7 5.4 -4.7
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.3 3 32 5.0 -5.1
IWD iShares Russell 1000 Value ETF 0.3 19 16 6.3 -3.7
VONV Vanguard Russell 1000 Value ETF 0.3 7 28 6.4 -3.6
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.3 18 17 7.7 -2.4
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF 0.3 12 23 5.9 -4.2
FBCV Fidelity Blue Chip Value ETF 0.2 59 -24 7.3 -2.8
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.2 15 20 4.7 -5.3
SCHK Schwab 1000 Index ETF 0.2 5 30 4.8 -5.2
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 15 7.7 -2.3
HKND Humankind US Stock ETF 0.2 11 24 6.9 -3.2
VT Vanguard Total World Stock ETF 0.2 6 29 5.7 -4.4
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 21 4.7 -5.4
GOP Unusual Whales Subversive Republican Trading ETF 0.2 50 -15 5.3 -4.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.2 29 6 6.3 -3.7
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 23 5.8 -4.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.2 12 23 4.4 -5.7
REVS Columbia Research Enhanced Value ETF 0.2 19 16 7.4 -2.6
JSML Janus Henderson Small Cap Growth Alpha ETF 0.2 30 5 7.6 -2.5
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 24 4.7 -5.3
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 -54 4.8 -5.3
IYY iShares Dow Jones U.S. ETF 0.2 20 15 4.6 -5.4
STXD Strive 1000 Dividend Growth ETF 0.1 35 0 4.7 -5.3
IWB iShares Russell 1000 ETF 0.1 15 20 4.7 -5.4
VONE Vanguard Russell 1000 ETF 0.1 7 28 4.8 -5.3
THRO iShares U.S. Thematic Rotation Active ETF 0.1 90 -55 3.9 -6.1
VBK Vanguard Small-Cap Growth ETF 0.1 7 28 1.9 -8.2
FMDE Fidelity Enhanced Mid Cap ETF 0.1 23 12 5.8 -4.3
IUSG iShares Core S&P U.S. Growth ETF 0.1 4 31 4.0 -6.0
SCHV Schwab U.S. Large-Cap Value ETF 0.1 4 31 6.6 -3.4
GVLU Gotham 1000 Value ETF 0.1 50 -15 8.9 -1.1
AVUQ Avantis U.S. Quality ETF 0.1 15 20 4.2 -5.8
HLGE Hartford Longevity Economy ETF 0.1 44 -9 -0.4 -10.4
RECS Columbia Research Enhanced Core ETF 0.1 15 20 5.5 -4.6
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 20 7.7 -2.3
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 0.1 56 -21 6.1 -3.9
SCHX Schwab U.S. Large-Cap ETF 0.0 3 32 4.8 -5.3
DSI iShares MSCI KLD 400 Social ETF 0.0 25 10 4.6 -5.4
JHML John Hancock Multifactor Large Cap ETF 0.0 29 6 5.2 -4.9
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 15 4.9 -5.2
IWP iShares Russell Mid-Cap Growth ETF 0.0 23 12 3.5 -6.6
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 10 7.0 -3.1
STXG Strive 1000 Growth ETF 0.0 18 17 3.7 -6.3
DFLV Dimensional US Large Cap Value ETF 0.0 22 13 7.7 -2.4
IWF iShares Russell 1000 Growth ETF 0.0 19 16 4.2 -5.8
VONG Vanguard Russell 1000 Growth ETF 0.0 7 28 4.3 -5.7
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 26 5.5 -4.6
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 23 4.4 -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

  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 1.0 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 10.0 %
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.