Point Bridge GOP Stock Tracker ETF
ALTAR
Score™
6.7% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
24.3x P/Sales
ratio
1.2x
P/BV
ratio
1.7x Div.
yield
3.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Point Bridge GOP Stock Tracker ETF tracks an index of US large-cap companies whose employees and political action committees are highly supportive of Republican candidates.

FUND BASICS
Category US Equities
Fund Sponsor Point Bridge Capital
Website investpolitically.com
Inception date Sep 07, 2017
Assets (mns) $8
Currency USD
Expense ratio 72 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Equal
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 148
Wgt avg mkt cap (mns) $41,725
Large cap (>$10bn) 77.6%
Mid cap ($2-10bn) 22.4%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
HALLIBURTON CO 1.0 %
TRACTOR SUPPLY COMPANY 1.0 %
DIAMONDBACK ENERGY INC 0.9 %
DOW, INC. 0.9 %
EOG RESOURCES INC 0.9 %
EASTMAN CHEMICAL COMPANY 0.9 %
OLD DOMINION FREIGHT LINE 0.9 %
PHILLIPS 66 0.9 %
MARATHON PETROLEUM 0.8 %
DR HORTON INC 0.8 %
Total 9.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.6 %
BRITAIN 2.1 %
IRELAND 1.8 %








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.
-17.2% -4.3% -- -- -1.7%

Market Correlations
versus... Beta R-squared
S&P500 1.29 93%
MSCI EAFE 1.38 90%
MSCI Emg. Mkts. 1.06 80%

Technical Indicators
Recent close $24.07
30d moving avg. $22.36
Annualized volatility 24.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 3
Turnover 0.9%
Bid/Ask (% of price) 0.18%
ADV underlying (mns) $47,313

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Point Bridge GOP Stock Tracker ETF ETF based on the alternatives' overlap in portfolio holdings with MAGA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: MAGA Expense: 72 bp ALTAR Score™: 6.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH MAGA
Ticker Fund
Name
Overlap1
vs MAGA
(%)
Expense
ratio
(bp)
Savings
vs MAGA
(bp)
ALTAR
Score™
(%)
ALTAR
vs MAGA
(%)
FTA First Trust Large Cap Value AlphaDEX Fund 33.4 60 12 9.2 +2.6
RSP Invesco S&P 500 Equal Weight ETF 29.4 20 52 6.9 +0.3
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 27.9 17 55 7.0 +0.3
LVHB Innovator Lunt Low Vol/High Beta Tactical ETF 27.9 49 23 10.2 +3.5
USDY Pacific Global US Equity Income ETF 27.6 29 43 8.0 +1.3
RPV Invesco S&P 500 Pure Value ETF 27.5 35 37 11.5 +4.8
SPHB Invesco S&P 500 High Beta ETF 27.3 25 47 10.4 +3.7
RVRS Reverse Cap Weighted U.S. Large Cap ETF 27.1 29 43 7.4 +0.7
FVD First Trust Value Line Dividend Index Fund 27.0 70 2 6.3 -0.4
IVE iShares S&P 500 Value ETF 26.9 18 54 7.3 +0.6
SPYV SPDR Portfolio S&P 500 Value ETF 26.9 4 68 7.4 +0.7
VOOV Vanguard S&P 500 Value ETF 26.8 15 57 7.3 +0.6
SCIU Global X Scientific Beta US ETF 26.7 19 53 5.8 -0.9
RWL Invesco S&P 500 Revenue ETF 26.3 39 33 6.9 +0.2
SPXT ProShares S&P 500 Ex-Technology ETF 25.8 27 45 5.7 -1.0
JDIV JPMorgan U.S. Dividend ETF 25.6 12 60 8.1 +1.4
IUSV iShares Core S&P U.S. Value ETF 25.6 4 68 7.5 +0.8
SCHV Schwab U.S. Large-Cap Value ETF 25.5 4 68 7.2 +0.5
VTV Vanguard Value Index Fund 25.5 4 68 7.4 +0.7
IWD iShares Russell 1000 Value ETF 25.5 19 53 7.2 +0.5
VONV Vanguard Russell 1000 Value Index Fund 25.4 8 64 7.3 +0.6
JMIN JPMorgan U.S. Minimum Volatility ETF 25.1 12 60 5.9 -0.8
JPUS JPMorgan Diversified Return U.S. Equity ETF 25.0 19 53 6.3 -0.4
VLU SPDR S&P 1500 Value Tilt ETF 25.0 12 60 7.5 +0.8
DTN WisdomTree U.S. Dividend ex-Financials Fund 24.9 38 34 8.0 +1.3
FEX First Trust Large Cap Core AlphaDEX Fund 24.9 60 12 6.1 -0.6
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 24.8 35 37 8.5 +1.8
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 24.8 9 63 6.0 -0.7
RNDV US Equity Dividend Select ETF 24.8 50 22 7.9 +1.2
TPHD Timothy Plan High Dividend Stock ETF 24.4 52 20 7.3 +0.6
RNLC Large Cap US Equity Select ETF 24.4 60 12 6.3 -0.4
IWX iShares Russell Top 200 Value ETF 24.3 20 52 7.1 +0.4
FNDX Schwab Fundamental U.S. Large Co. Index ETF 24.3 25 47 6.7 -0.0
PRF Invesco FTSE RAFI US 1000 ETF 24.2 39 33 6.9 +0.2
DLN WisdomTree U.S. LargeCap Dividend Fund 24.1 28 44 6.5 -0.2
RGI Invesco S&P 500 Equal Weight Industrials ETF 24.0 40 32 5.9 -0.8
EPS WisdomTree U.S. Earnings 500 Fund 23.7 8 64 6.6 -0.1
MGV Vanguard Mega Cap Value ETF 23.6 7 65 7.2 +0.5
DIVB iShares U.S. Dividend & Buyback ETF 23.6 25 47 6.6 -0.1
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 23.2 35 37 8.6 +1.9
DTD WisdomTree U.S.Total Dividend Fund 23.1 28 44 6.7 +0.0
SPVM Invesco S&P 500 Value with Momentum ETF 23.0 39 33 9.5 +2.8
FNDB Schwab Fundamental U.S. Broad Market Index ETF 22.9 25 47 6.6 -0.1
VOE Vanguard Mid-Cap Value Index Fund 22.8 7 65 8.0 +1.3
FCTR First Trust Lunt U.S. Factor Rotation ETF 22.8 65 7 5.1 -1.6
EQWL Invesco Russell Top 200 Equal Weight ETF 22.7 25 47 6.1 -0.6
ESGS Columbia Sustainable U.S. Equity Income ETF 22.6 35 37 9.1 +2.4
ONEY SPDR Russell 1000 Yield Focus ETF 22.4 20 52 8.6 +1.9
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 22.3 15 57 6.8 +0.1
JHMI John Hancock Multifactor Industrials ETF 22.2 40 32 6.1 -0.6
PBP Invesco S&P 500 BuyWrite ETF 22.2 49 23 5.1 -1.6
JHML John Hancock Multifactor Large Cap ETF 22.2 34 38 5.6 -1.1
DGRO iShares Core Dividend Growth ETF 22.0 8 64 6.6 -0.1
XLI Industrial Select Sector SPDR Fund 21.9 13 59 6.0 -0.7
PY Principal Shareholder Yield Index ETF 21.9 29 43 9.4 +2.7
TPLC Timothy Plan US Large Cap Core ETF 21.8 52 20 5.5 -1.2
EUSA iShares MSCI USA Equal Weighted ETF 21.7 15 57 6.2 -0.5
BLES Inspire Global Hope Large Cap ETF 21.7 61 11 6.6 -0.1
JKI iShares Morningstar Mid-Cap Value ETF 21.7 30 42 9.7 +3.0
DVY iShares Select Dividend ETF 21.6 39 33 8.2 +1.5
HSPX Global X S&P 500 Covered Call ETF 21.4 65 7 5.0 -1.7
CFA VictoryShares US 500 Volatility Weighted Index ETF 21.3 35 37 5.9 -0.8
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 21.2 20 52 7.7 +1.0
CATH Global X S&P 500 Catholic Values Custom ETF 21.2 29 43 5.4 -1.3
SPXV ProShares S&P 500 Ex-Health Care ETF 21.2 27 45 5.2 -1.5
PFM Invesco Dividend Achievers ETF 21.0 54 18 5.4 -1.3
VYM Vanguard High Dividend Yield Index ETF 21.0 6 66 7.3 +0.6
SPYB SPDR S&P 500 Buyback ETF 20.9 35 37 9.5 +2.8
IUS Invesco Strategic US ETF 20.9 19 53 6.3 -0.4
DSTL Distillate US Fundamental Stability & Value ETF 20.9 39 33 6.5 -0.2
FIDU Fidelity MSCI Industrials Index ETF 20.8 8 64 6.1 -0.6
SPLG SPDR Portfolio Large Cap ETF 20.8 3 69 5.6 -1.1
IVV iShares Core S&P 500 ETF 20.8 4 68 5.6 -1.1
SPY SPDR S&P 500 ETF Trust 20.8 9 63 5.5 -1.2
VOO VANGUARD S&P 500 ETF 20.8 3 69 5.6 -1.1
FAB First Trust Multi Cap Value AlphaDEX Fund 20.7 71 1 9.7 +3.0
VIS Vanguard Industrials Index Fund 20.7 10 62 6.1 -0.6
SPVU Invesco S&P 500 Enhanced Value ETF 20.6 13 59 11.1 +4.4
ONEV SPDR Russell 1000 Low Volatility Focus ETF 20.5 20 52 7.1 +0.4
SIZE iShares Edge MSCI USA Size Factor ETF 20.5 15 57 6.0 -0.7
QSY WisdomTree U.S. LargeCap Value Fund 20.5 38 34 6.9 +0.2
FLQL Franklin LibertyQ U.S. Equity ETF 20.4 15 57 6.4 -0.3
IYJ iShares U.S. Industrials ETF 20.3 42 30 6.0 -0.7
VV Vanguard Large-Cap Index Fund 20.2 4 68 5.4 -1.3
ROUS Hartford Multifactor US Equity ETF 20.2 19 53 7.3 +0.6
PBUS Invesco PureBeta MSCI USA ETF 20.1 4 68 5.4 -1.3
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 20.0 17 55 6.6 -0.1
SPYD SPDR S&P 500 High Dividend ETF 20.0 7 65 10.5 +3.8
FDRR Fidelity Dividend ETF for Rising Rates 20.0 29 43 7.1 +0.4
VO Vanguard Mid-Cap Index Fund 20.0 4 68 5.5 -1.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 19.7 2 70 5.5 -1.2
SCHX Schwab U.S. Large-Cap ETF 19.5 3 69 5.5 -1.2
SDY SPDR S&P Dividend ETF 19.5 35 37 7.1 +0.4
SPTM SPDR Portfolio Total Stock Market ETF 19.4 3 69 5.7 -1.0
AVUS Avantis U.S. Equity ETF 19.4 15 57 5.9 -0.8
PMOM Principal Sustainable Momentum Index ETF 19.4 29 43 9.6 +2.9
DYNF BlackRock U.S. Equity Factor Rotation ETF 19.3 30 42 6.8 +0.1
MGC Vanguard Mega Cap Index Fund 19.2 7 65 5.4 -1.3
SPXN ProShares S&P 500 Ex-Financials ETF 19.2 27 45 5.2 -1.5
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 19.2 25 47 6.0 -0.7

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

  2015 2016 2017 2018 2019 2020E 2021E
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
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Point Bridge GOP Stock Tracker ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.0 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 72 bp
Equals: ALTAR Score 6.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.58 CATEGORY
AVERAGE
1.53
 
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.