O'Shares FTSE US Quality Dividend ETF
ALTAR
Score™
5.7% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
19.8x P/Sales
ratio
2.4x
P/BV
ratio
3.9x Div.
yield
3.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
O'Shares FTSE U.S. Quality Dividend ETF seeks investment performance that correlates generally to price and yield before fees and expenses of the FTSE U.S. Qual/Vol/5% Capped Factor Index

FUND BASICS
Category US Equities
Fund Sponsor FFCM LLC
Website www.oshares.com
Inception date Jul 14, 2015
Assets (mns) $483
Currency USD
Expense ratio 48 bp
Distributions Monthly

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian Foreside Fund Services
Weighting Multi-Factor
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 134
Wgt avg mkt cap (mns) $245,846
Large cap (>$10bn) 97.9%
Mid cap ($2-10bn) 2.1%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 6.0 %
JOHNSON & JOHNSON 4.8 %
PROCTER & GAMBLE CO/THE 4.1 %
EXXON MOBIL CORP 4.1 %
HOME DEPOT INC 3.8 %
PFIZER INC 3.0 %
CISCO SYSTEMS INC 3.0 %
PEPSICO INC 2.8 %
INTEL CORP 2.8 %
VERIZON COMMUNICATIONS INC 2.8 %
Total 37.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.3 %
IRELAND 2.6 %
SWITZERLAND 0.4 %
BRITAIN 0.3 %







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.
-8.4% -0.2% -- -- 8.7%

Market Correlations
versus... Beta R-squared
S&P500 0.84 92%
MSCI EAFE 0.83 78%
MSCI Emg. Mkts. 0.59 62%

Technical Indicators
Recent close $33.43
30d moving avg. $33.16
Annualized volatility 14.8%
Short interest (ETF) 0.1%
Short interest (Underlying) 1.9%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 65
Turnover 0.5%
Bid/Ask (% of price) 0.28%
ADV underlying (mns) $89,298

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the O'Shares FTSE US Quality Dividend ETF ETF based on the alternatives' overlap in portfolio holdings with OUSA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: OUSA Expense: 48 bp ALTAR Score™: 5.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH OUSA
Ticker Fund
Name
Overlap1
vs OUSA
(%)
Expense
ratio
(bp)
Savings
vs OUSA
(bp)
ALTAR
Score™
(%)
ALTAR
vs OUSA
(%)
VYM Vanguard High Dividend Yield Index ETF 58.7 6 42 7.4 +1.7
DLN WisdomTree U.S. LargeCap Dividend Fund 55.3 28 20 6.4 +0.7
SCHV Schwab U.S. Large-Cap Value ETF 53.5 4 44 7.2 +1.5
DGRO iShares Core Dividend Growth ETF 52.7 8 40 6.7 +1.0
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 51.3 75 -27 6.2 +0.5
USDY Pacific Global US Equity Income ETF 51.1 29 19 7.3 +1.6
DTD WisdomTree U.S.Total Dividend Fund 50.8 28 20 6.7 +1.0
MGV Vanguard Mega Cap Value ETF 50.3 7 41 7.3 +1.6
PFM Invesco Dividend Achievers ETF 49.4 54 -6 5.5 -0.2
VTV Vanguard Value Index Fund 48.5 4 44 7.5 +1.8
FDRR Fidelity Dividend ETF for Rising Rates 47.5 29 19 7.0 +1.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 47.5 19 29 5.7 -0.1
DGRW WisdomTree U.S. Quality Dividend Growth Fund 45.1 28 20 6.5 +0.8
FLQL Franklin LibertyQ U.S. Equity ETF 44.4 15 33 6.3 +0.6
VOOV Vanguard S&P 500 Value ETF 44.3 15 33 7.4 +1.7
RAFE PIMCO RAFI ESG U.S. ETF 44.2 29 19 7.9 +2.2
HDV iShares Core High Dividend ETF 44.1 8 40 6.8 +1.0
SPYV SPDR Portfolio S&P 500 Value ETF 44.1 4 44 7.5 +1.7
IVE iShares S&P 500 Value ETF 44.1 18 30 7.3 +1.6
DIVB iShares U.S. Dividend & Buyback ETF 43.7 25 23 6.7 +0.9
JKF iShares Morningstar Large Cap Value ETF 43.7 25 23 7.6 +1.9
EDOW First Trust Dow 30 Equal Weight ETF 42.8 50 -2 6.0 +0.3
FQAL Fidelity Quality Factor ETF 42.8 29 19 5.5 -0.2
QDEF FlexShares Quality Dividend Defensive Index Fund 42.2 37 11 5.9 +0.2
IWX iShares Russell Top 200 Value ETF 42.1 20 28 7.2 +1.5
IUSV iShares Core S&P U.S. Value ETF 42.0 4 44 7.6 +1.8
JQUA JPMorgan U.S. Quality Factor ETF 41.4 12 36 5.3 -0.5
FNDX Schwab Fundamental U.S. Large Co. Index ETF 41.3 25 23 6.6 +0.8
RECS Columbia Research Enhanced Core ETF 41.1 15 33 5.7 -0.1
QUS SPDR MSCI USA StrategicFactors ETF 40.7 15 33 5.9 +0.1
OEF iShares S&P 100 ETF 40.1 20 28 4.8 -0.9
FDLO Fidelity Low Volatility Factor ETF 39.7 29 19 5.2 -0.6
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 39.5 12 36 4.9 -0.9
QDF FlexShares Quality Dividend Index Fund 39.5 37 11 6.2 +0.5
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 39.3 49 -1 4.1 -1.6
EQWL Invesco Russell Top 200 Equal Weight ETF 39.2 25 23 6.2 +0.4
FDVV Fidelity Core Dividend ETF 39.2 29 19 7.2 +1.4
ESG FlexShares STOXX US ESG Impact Index Fund 38.9 32 16 5.1 -0.6
EPS WisdomTree U.S. Earnings 500 Fund 38.8 8 40 6.5 +0.8
HLAL Wahed FTSE USA Shariah ETF 38.7 50 -2 4.7 -1.1
DJD Invesco Dow Jones Industrial Average Dividend ETF 38.6 7 41 6.9 +1.2
XLG Invesco S&P 500 Top 50 ETF 38.6 20 28 4.5 -1.2
DHS WisdomTree U.S. High Dividend Fund 38.5 38 10 8.7 +2.9
SPXN ProShares S&P 500 Ex-Financials ETF 38.4 27 21 5.0 -0.7
FNDB Schwab Fundamental U.S. Broad Market Index ETF 38.3 25 23 6.6 +0.9
SPHQ Invesco S&P 500 Quality ETF 38.1 15 33 4.7 -1.1
IUS Invesco Strategic US ETF 37.9 19 29 6.7 +1.0
JKD iShares Morningstar Large-Cap ETF 37.8 20 28 5.7 -0.0
PRF Invesco FTSE RAFI US 1000 ETF 37.2 39 9 6.9 +1.1
BKLC BNY Mellon US Large Cap Core Equity ETF 37.1 0 48 5.3 -0.5
MGC Vanguard Mega Cap Index Fund 36.9 7 41 5.3 -0.5
WOMN Impact Shares YWCA Women's Empowerment ETF 36.7 75 -27 4.6 -1.2
DSTL Distillate US Fundamental Stability & Value ETF 36.7 39 9 6.6 +0.8
CCOR Core Alternative ETF 36.4 123 -75 4.4 -1.4
IWL iShares Russell Top 200 ETF 36.3 15 33 5.1 -0.7
SNPE Xtrackers S&P 500 ESG ETF 36.2 11 37 5.2 -0.6
QDYN FlexShares Quality Dividend Dynamic Index Fund 36.2 37 11 6.3 +0.6
DIA SPDR Dow Jones Industrial Average ETF Trust 36.0 16 32 5.7 -0.1
REVS Columbia Research Enhanced Value ETF 36.0 19 29 7.8 +2.1
NACP Impact Shares NAACP Minority Empowerment ETF 35.9 75 -27 4.6 -1.1
DYNF BlackRock U.S. Equity Factor Rotation ETF 35.9 30 18 6.6 +0.8
PBP Invesco S&P 500 BuyWrite ETF 35.8 49 -1 5.0 -0.7
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 35.8 10 38 5.3 -0.4
SUSL iShares ESG MSCI USA Leaders ETF 35.6 10 38 5.3 -0.4
DURA VanEck Vectors Morningstar Durable Dividend ETF 35.5 29 19 7.2 +1.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 35.5 29 19 6.3 +0.6
IWD iShares Russell 1000 Value ETF 35.5 19 29 7.2 +1.5
DTN WisdomTree U.S. Dividend ex-Financials Fund 35.4 38 10 8.0 +2.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 35.4 20 28 5.0 -0.7
FVAL Fidelity Value Factor ETF 35.2 29 19 8.1 +2.4
VOO VANGUARD S&P 500 ETF 35.2 3 45 5.5 -0.3
VONV Vanguard Russell 1000 Value Index Fund 35.1 8 40 7.4 +1.6
SPY SPDR S&P 500 ETF Trust 35.1 9 39 5.4 -0.4
VIG Vanguard Dividend Appreciation Index Fund 35.1 6 42 5.5 -0.3
SPLG SPDR Portfolio Large Cap ETF 35.1 3 45 5.5 -0.3
HSPX Global X S&P 500 Covered Call ETF 35.1 65 -17 4.9 -0.9
IVV iShares Core S&P 500 ETF 35.1 4 44 5.5 -0.3
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 34.7 7 41 5.3 -0.5
SPXT ProShares S&P 500 Ex-Technology ETF 34.7 27 21 5.7 -0.0
NULV Nuveen ESG Large-Cap Value ETF 34.7 35 13 7.4 +1.7
RNDV US Equity Dividend Select ETF 34.7 50 -2 7.7 +2.0
QUAL iShares MSCI Usa Quality Factor ETF 34.6 15 33 5.4 -0.3
SPXE ProShares S&P 500 Ex-Energy ETF 34.5 27 21 5.4 -0.4
DEW WisdomTree Global High Dividend Fund 34.4 58 -10 9.4 +3.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 34.4 20 28 5.4 -0.3
IQSU IQ Candriam ESG US Equity ETF 34.4 9 39 5.1 -0.6
VV Vanguard Large-Cap Index Fund 33.7 4 44 5.3 -0.4
PBUS Invesco PureBeta MSCI USA ETF 33.6 4 44 5.3 -0.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 33.6 2 46 5.4 -0.4
ESGU iShares MSCI USA ESG Optimized ETF 33.5 15 33 5.2 -0.6
QLC FlexShares US Quality Large Cap Index Fund 33.5 32 16 5.4 -0.4
AFLG First Trust Active Factor Large Cap ETF 33.0 55 -7 5.6 -0.1
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 32.9 49 -1 4.9 -0.8
USMV iShares Edge MSCI Min Vol USA ETF 32.8 15 33 5.5 -0.2
ACIO Aptus Collared Income Opportunity ETF 32.8 79 -31 4.4 -1.4
RFDA RiverFront Dynamic US Dividend Advantage ETF 32.8 52 -4 5.1 -0.7
SCHX Schwab U.S. Large-Cap ETF 32.5 3 45 5.3 -0.4
SPTM SPDR Portfolio Total Stock Market ETF 32.4 3 45 5.6 -0.2
ROUS Hartford Multifactor US Equity ETF 32.3 19 29 7.3 +1.6
QLV FlexShares US Quality Low Volatility Index Fund 32.2 22 26 4.9 -0.9

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

  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:
O'Shares FTSE US Quality Dividend 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 22.7 %
Divided by: Fwd. P/BV 3.7 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 5.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.57 CATEGORY
AVERAGE
1.52
 
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.