Point Bridge GOP Stock Tracker ETF
ALTAR
Score™
5.2% info Recommen-
dation
NEUTRAL
2021E    2022E
P/E
ratio
18.3x P/Sales
ratio
1.4x
P/BV
ratio
2.1x Div.
yield
2.4%


  • 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 06, 2017
Assets (mns) $10
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 149
Wgt avg mkt cap (mns) $50,501
Large cap (>$10bn) 86.8%
Mid cap ($2-10bn) 13.2%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
FREEPORT-MCMORAN COPPER 1.0 %
MARATHON OIL CORP 0.8 %
HOLLYFRONTIER CORP 0.8 %
GOLDMAN SACHS GROUP INC 0.8 %
REGIONS FINANCIAL CORP 0.8 %
DIAMONDBACK ENERGY INC 0.8 %
DEVON ENERGY CORPORATION 0.8 %
DEERE & CO 0.8 %
HANESBRANDS INC 0.8 %
MOHAWK INDUSTRIES INC 0.8 %
Total 8.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.2 %
IRELAND 2.2 %
BRITAIN 1.4 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
8.6% 32.8% -- -- 8.6%

Market Correlations
versus... Beta R-squared
S&P500 1.27 90%
MSCI EAFE 1.25 87%
MSCI Emg. Mkts. 1.04 75%

Technical Indicators
Recent close $32.20
30d moving avg. $31.28
Annualized volatility 24.7%
Short interest (ETF) 0.0%
Short interest (Underlying) 2.4%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 5
Turnover 1.5%
Bid/Ask (% of price) 0.23%
ADV underlying (mns) $43,189

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 95 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™: 5.2%


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 36.6 60 12 7.2 +1.9
VOOV Vanguard S&P 500 Value ETF 34.3 10 62 6.2 +1.0
RPV Invesco S&P 500 Pure Value ETF 32.7 35 37 9.1 +3.9
TPHD Timothy Plan High Dividend Stock ETF 31.6 52 20 5.7 +0.4
RVRS Reverse Cap Weighted U.S. Large Cap ETF 30.3 29 43 5.5 +0.3
VTV Vanguard Value Index Fund 29.7 4 68 6.6 +1.3
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 29.6 17 55 6.1 +0.9
SPYV SPDR Portfolio S&P 500 Value ETF 29.6 4 68 6.3 +1.0
IVE iShares S&P 500 Value ETF 29.6 18 54 6.1 +0.9
RSP Invesco S&P 500 Equal Weight ETF 29.5 20 52 5.4 +0.2
SPHB Invesco S&P 500 High Beta ETF 29.0 25 47 4.9 -0.3
ALTL Pacer Lunt Large Cap Alternator ETF 29.0 60 12 4.6 -0.7
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 28.9 60 12 4.3 -1.0
VONV Vanguard Russell 1000 Value Index Fund 28.8 8 64 6.1 +0.8
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 28.6 35 37 7.6 +2.3
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 28.6 35 37 7.5 +2.3
SCHV Schwab U.S. Large-Cap Value ETF 28.1 4 68 6.1 +0.9
JKI iShares Morningstar Mid-Cap Value ETF 28.1 30 42 6.9 +1.7
DVY iShares Select Dividend ETF 28.0 39 33 7.6 +2.4
IUSV iShares Core S&P U.S. Value ETF 28.0 4 68 6.3 +1.1
MGV Vanguard Mega Cap Value ETF 28.0 7 65 6.6 +1.3
JDIV JPMorgan U.S. Dividend ETF 27.9 12 60 6.5 +1.2
RWL Invesco S&P 500 Revenue ETF 27.5 39 33 6.1 +0.8
FUNL CornerCap Fundametrics Large-Cap ETF 27.2 50 22 7.2 +1.9
IWD iShares Russell 1000 Value ETF 27.0 19 53 5.9 +0.7
FEX First Trust Large Cap Core AlphaDEX Fund 26.4 60 12 4.9 -0.3
SPXT ProShares S&P 500 Ex-Technology ETF 26.4 27 45 5.0 -0.2
JMIN JPMorgan U.S. Minimum Volatility ETF 25.8 12 60 5.5 +0.2
FNDX Schwab Fundamental U.S. Large Co. Index ETF 25.6 25 47 5.6 +0.4
VLU SPDR S&P 1500 Value Tilt ETF 25.5 12 60 5.9 +0.7
IWX iShares Russell Top 200 Value ETF 25.5 20 52 6.1 +0.9
FCTR First Trust Lunt U.S. Factor Rotation ETF 25.3 65 7 4.3 -1.0
PRF Invesco FTSE RAFI US 1000 ETF 25.2 39 33 5.7 +0.4
SPYD SPDR S&P 500 High Dividend ETF 25.0 7 65 8.5 +3.2
RNLC Large Cap US Equity Select ETF 25.0 60 12 5.3 +0.0
JPUS JPMorgan Diversified Return U.S. Equity ETF 24.9 18 54 5.8 +0.6
VOE Vanguard Mid-Cap Value Index Fund 24.7 7 65 6.3 +1.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 24.7 9 63 5.1 -0.2
DIVB iShares U.S. Dividend & Buyback ETF 24.7 25 47 6.0 +0.7
VYM Vanguard High Dividend Yield Index ETF 24.5 6 66 6.8 +1.6
IUS Invesco Strategic US ETF 24.1 19 53 5.2 -0.0
RNDV US Equity Dividend Select ETF 23.8 50 22 7.2 +1.9
VFVA Vanguard U.S. Value Factor ETF 23.8 14 58 8.2 +3.0
FNDB Schwab Fundamental U.S. Broad Market Index ETF 23.7 25 47 5.5 +0.3
ONEY SPDR Russell 1000 Yield Focus ETF 23.3 20 52 6.3 +1.1
FVD First Trust Value Line Dividend Index Fund 23.1 70 2 5.8 +0.6
RGI Invesco S&P 500 Equal Weight Industrials ETF 23.0 40 32 3.9 -1.4
SPVM Invesco S&P 500 Value with Momentum ETF 22.9 39 33 7.7 +2.4
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 22.6 35 37 5.2 -0.1
CFA VictoryShares US 500 Volatility Weighted Index ETF 22.6 35 37 5.2 -0.1
JHMI John Hancock Multifactor Industrials ETF 22.5 40 32 5.0 -0.2
JHML John Hancock Multifactor Large Cap ETF 22.5 29 43 5.0 -0.3
DGRO iShares Core Dividend Growth ETF 22.5 8 64 6.4 +1.1
EUSA iShares MSCI USA Equal Weighted ETF 22.4 15 57 5.1 -0.2
SIZE iShares MSCI USA Size Factor ETF 22.3 15 57 5.1 -0.2
TPLC Timothy Plan US Large Cap Core ETF 22.3 52 20 4.6 -0.7
FAB First Trust Multi Cap Value AlphaDEX Fund 22.3 71 1 7.2 +2.0
PY Principal Shareholder Yield Index ETF 22.3 15 57 7.5 +2.3
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 22.1 15 57 6.1 +0.9
PBP Invesco S&P 500 BuyWrite ETF 21.9 49 23 4.5 -0.8
FVL First Trust Value Line 100 ETF 21.9 70 2 0.0 -5.2
DLN WisdomTree U.S. LargeCap Dividend Fund 21.8 28 44 6.4 +1.1
EQWL Invesco Russell Top 200 Equal Weight ETF 21.7 25 47 5.8 +0.6
EPS WisdomTree U.S. Earnings 500 Fund 21.7 8 64 6.1 +0.9
CATH Global X S&P 500 Catholic Values Custom ETF 21.7 29 43 4.6 -0.6
ESGS Columbia Sustainable U.S. Equity Income ETF 21.6 35 37 7.5 +2.3
XYLG Global X S&P 500 Covered Call & Growth ETF 21.5 60 12 4.4 -0.8
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 21.4 20 52 6.7 +1.5
BKMC BNY Mellon US Mid Cap Core Equity ETF 21.4 4 68 4.8 -0.5
SPY SPDR S&P 500 ETF Trust 21.1 9 63 4.8 -0.4
SPLG SPDR Portfolio Large Cap ETF 21.1 3 69 4.9 -0.4
IVV iShares Core S&P 500 ETF 21.1 3 69 4.9 -0.4
XLI Industrial Select Sector SPDR Fund 21.1 12 60 4.9 -0.3
SPXV ProShares S&P 500 Ex-Health Care ETF 21.0 27 45 4.4 -0.8
IWS iShares Russell Mid-Cap Value ETF 21.0 24 48 5.6 +0.3
PFM Invesco Dividend Achievers ETF 21.0 53 19 5.2 -0.1
SPVU Invesco S&P 500 Enhanced Value ETF 20.9 13 59 8.9 +3.7
JVAL JPMorgan U.S. Value Factor ETF 20.9 12 60 7.1 +1.8
VOO VANGUARD S&P 500 ETF 20.8 3 69 4.9 -0.4
DTD WisdomTree U.S.Total Dividend Fund 20.6 28 44 6.4 +1.2
FDRR Fidelity Dividend ETF for Rising Rates 20.4 29 43 6.1 +0.9
VIS Vanguard Industrials Index Fund 20.3 10 62 4.7 -0.6
VO Vanguard Mid-Cap Index Fund 20.2 4 68 4.5 -0.8
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 20.1 7 65 4.7 -0.5
FIDU Fidelity MSCI Industrials Index ETF 19.9 8 64 5.0 -0.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 19.9 20 52 4.9 -0.4
VV Vanguard Large-Cap Index Fund 19.8 4 68 4.7 -0.5
PBUS Invesco PureBeta MSCI USA ETF 19.7 4 68 4.8 -0.5
ONEV SPDR Russell 1000 Low Volatility Focus ETF 19.7 20 52 6.0 +0.8
IYJ iShares U.S. Industrials ETF 19.6 42 30 4.9 -0.4
AFLG First Trust Active Factor Large Cap ETF 19.5 55 17 4.8 -0.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 19.5 2 70 4.8 -0.5
SPTM SPDR Portfolio Total Stock Market ETF 19.4 3 69 4.9 -0.3
SCHX Schwab U.S. Large-Cap ETF 19.3 3 69 4.7 -0.5
QUS SPDR MSCI USA StrategicFactors ETF 19.3 15 57 5.4 +0.2

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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
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:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.4 %
Divided by: Fwd. P/BV 2.1 x
Less: Expense ratio 72 bp
Equals: ALTAR Score 5.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.56 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.