O'Shares FTSE US Quality Dividend ETF
ALTAR
Score™
5.5% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
20.6x P/Sales
ratio
3.1x
P/BV
ratio
6.4x Div.
yield
2.3%


  • 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) $608
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 100
Wgt avg mkt cap (mns) $349,081
Large cap (>$10bn) 99.8%
Mid cap ($2-10bn) 0.2%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
JOHNSON & JOHNSON 5.2 %
MICROSOFT CORP 5.1 %
HOME DEPOT INC 4.9 %
MERCK & CO. INC. 4.1 %
PROCTER & GAMBLE CO/THE 4.0 %
VERIZON COMMUNICATIONS INC 3.9 %
APPLE INC 3.5 %
PFIZER INC 3.1 %
CISCO SYSTEMS INC 3.0 %
AMGEN INC 2.6 %
Total 39.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.6 %
IRELAND 2.5 %
BRITAIN 0.5 %
SWITZERLAND 0.2 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
7.0% 7.0% 11.6% -- 11.0%

Market Correlations
versus... Beta R-squared
S&P500 0.85 93%
MSCI EAFE 0.79 78%
MSCI Emg. Mkts. 0.62 62%

Technical Indicators
Recent close $38.33
30d moving avg. $38.09
Annualized volatility 16.6%
Short interest (ETF) 0.0%
Short interest (Underlying) 1.9%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 84
Turnover 0.5%
Bid/Ask (% of price) 0.06%
ADV underlying (mns) $71,637

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 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™: 5.5%


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
(%)
DGRW WisdomTree U.S. Quality Dividend Growth Fund 63.8 28 20 6.0 +0.5
DLN WisdomTree U.S. LargeCap Dividend Fund 56.4 28 20 6.2 +0.7
DGRO iShares Core Dividend Growth ETF 56.3 8 40 6.0 +0.5
PFM Invesco Dividend Achievers ETF 52.1 53 -5 5.0 -0.5
DTD WisdomTree U.S.Total Dividend Fund 51.8 28 20 6.3 +0.7
VIG Vanguard Dividend Appreciation Index Fund 48.0 6 42 5.0 -0.5
MGV Vanguard Mega Cap Value ETF 46.2 7 41 6.5 +1.0
QDEF FlexShares Quality Dividend Defensive Index Fund 45.8 37 11 5.5 -0.0
EDOW First Trust Dow 30 Equal Weight ETF 45.7 50 -2 5.1 -0.4
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 45.7 12 36 4.9 -0.6
SPHQ Invesco S&P 500 Quality ETF 45.5 15 33 4.4 -1.1
QUS SPDR MSCI USA StrategicFactors ETF 44.9 15 33 5.3 -0.3
FMK First Trust Mega Cap AlphaDEX Fund 44.1 70 -22 5.0 -0.5
JKF iShares Morningstar Large Cap Value ETF 43.9 25 23 6.6 +1.1
VYM Vanguard High Dividend Yield Index ETF 43.8 6 42 6.7 +1.1
EPS WisdomTree U.S. Earnings 500 Fund 43.5 8 40 5.9 +0.4
FQAL Fidelity Quality Factor ETF 43.2 29 19 5.0 -0.5
DIVB iShares U.S. Dividend & Buyback ETF 42.8 25 23 5.9 +0.4
ESGV Vanguard ESG U.S. Stock ETF 42.7 12 36 4.5 -1.1
QDF FlexShares Quality Dividend Index Fund 42.7 37 11 5.5 -0.0
OEF iShares S&P 100 ETF 42.3 20 28 4.2 -1.3
XLG Invesco S&P 500 Top 50 ETF 42.1 20 28 4.1 -1.4
HDV iShares Core High Dividend ETF 42.1 8 40 6.4 +0.8
FLQL Franklin LibertyQ U.S. Equity ETF 42.1 15 33 5.9 +0.4
FDRR Fidelity Dividend ETF for Rising Rates 41.8 29 19 6.0 +0.5
MGC Vanguard Mega Cap Index Fund 41.4 7 41 4.6 -0.9
ACIO Aptus Collared Income Opportunity ETF 41.1 79 -31 3.8 -1.7
IWL iShares Russell Top 200 ETF 40.9 15 33 4.4 -1.1
DIA SPDR Dow Jones Industrial Average ETF Trust 40.9 16 32 5.0 -0.5
VOOV Vanguard S&P 500 Value ETF 40.8 10 38 6.6 +1.1
JQUA JPMorgan U.S. Quality Factor ETF 40.8 12 36 5.1 -0.5
NACP Impact Shares NAACP Minority Empowerment ETF 40.8 49 -1 4.7 -0.8
BKLC BNY Mellon US Large Cap Core Equity ETF 40.7 0 48 4.5 -1.1
RAFE PIMCO RAFI ESG U.S. ETF 40.7 30 18 6.7 +1.2
CCOR Core Alternative ETF 40.2 109 -61 4.2 -1.3
YLDE ClearBridge Dividend Strategy ESG ETF 40.2 60 -12 4.5 -1.1
JCTR JPMorgan Carbon Transition U.S. Equity ETF 39.7 15 33 4.7 -0.9
SPXN ProShares S&P 500 Ex-Financials ETF 39.6 27 21 4.4 -1.2
FDLO Fidelity Low Volatility Factor ETF 39.5 29 19 4.9 -0.6
QLV FlexShares US Quality Low Volatility Index Fund 39.4 22 26 4.3 -1.2
VTV Vanguard Value Index Fund 39.4 4 44 6.6 +1.0
EQWL Invesco Russell Top 200 Equal Weight ETF 39.2 25 23 5.6 +0.1
QUAL iShares MSCI Usa Quality Factor ETF 39.1 15 33 5.0 -0.5
IQSU IQ Candriam ESG US Equity ETF 39.1 9 39 4.5 -1.0
DJD Invesco Dow Jones Industrial Average Dividend ETF 39.1 7 41 6.4 +0.9
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 38.9 20 28 4.8 -0.7
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 38.9 49 -1 4.1 -1.4
EFIV SPDR S&P 500 ESG ETF 38.9 10 38 4.6 -1.0
SNPE Xtrackers S&P 500 ESG ETF 38.8 10 38 4.6 -0.9
PBP Invesco S&P 500 BuyWrite ETF 38.8 49 -1 4.3 -1.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 38.8 20 28 4.6 -1.0
SPXE ProShares S&P 500 Ex-Energy ETF 38.6 27 21 4.6 -0.9
XYLG Global X S&P 500 Covered Call & Growth ETF 38.4 60 -12 4.4 -1.1
ESG FlexShares STOXX US ESG Impact Index Fund 38.3 32 16 4.5 -1.1
SCHV Schwab U.S. Large-Cap Value ETF 38.1 4 44 6.1 +0.6
SPY SPDR S&P 500 ETF Trust 37.9 9 39 4.7 -0.8
IVV iShares Core S&P 500 ETF 37.9 3 45 4.7 -0.8
FTCS First Trust Capital Strength ETF 37.9 58 -10 5.1 -0.5
SPLG SPDR Portfolio Large Cap ETF 37.8 3 45 4.7 -0.8
VOO VANGUARD S&P 500 ETF 37.4 3 45 4.8 -0.7
USMV iShares Edge MSCI Min Vol USA ETF 37.3 15 33 5.3 -0.2
RECS Columbia Research Enhanced Core ETF 37.3 15 33 5.1 -0.4
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 37.2 10 38 4.8 -0.7
QDYN FlexShares Quality Dividend Dynamic Index Fund 37.2 37 11 5.3 -0.2
SUSL iShares ESG MSCI USA Leaders ETF 37.2 10 38 4.8 -0.7
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 37.0 7 41 4.5 -1.0
WOMN Impact Shares YWCA Women's Empowerment ETF 37.0 75 -27 3.5 -2.0
SPQQ Siren Large Cap Blend Index ETF 36.9 20 28 4.2 -1.3
ESGU iShares MSCI USA ESG Optimized ETF 36.6 15 33 4.4 -1.1
VV Vanguard Large-Cap Index Fund 36.5 4 44 4.6 -0.9
SPMV Invesco S&P 500 Minimum Variance ETF 36.4 10 38 5.5 -0.1
XOUT GraniteShares XOUT U.S. Large Cap ETF 36.4 60 -12 3.6 -1.9
RFDA RiverFront Dynamic US Dividend Advantage ETF 36.4 52 -4 4.9 -0.6
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 36.4 75 -27 5.3 -0.2
XVV iShares ESG Screened S&P 500 ETF 36.4 8 40 4.9 -0.7
IWX iShares Russell Top 200 Value ETF 36.3 20 28 6.1 +0.6
SIXA 6 Meridian Mega Cap Equity ETF 36.3 82 -34 5.8 +0.3
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 36.2 15 33 5.8 +0.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 36.2 2 46 4.6 -0.9
PBUS Invesco PureBeta MSCI USA ETF 35.9 4 44 4.6 -1.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 35.8 9 39 4.8 -0.7
SPYV SPDR Portfolio S&P 500 Value ETF 35.7 4 44 6.4 +0.9
IVE iShares S&P 500 Value ETF 35.7 18 30 6.3 +0.8
FLLV Franklin Liberty U.S. Low Volatility ETF 35.6 29 19 4.9 -0.6
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 35.5 19 29 5.3 -0.2
SPTM SPDR Portfolio Total Stock Market ETF 35.2 3 45 4.8 -0.7
SCHX Schwab U.S. Large-Cap ETF 35.1 3 45 4.6 -1.0
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 35.0 49 -1 3.4 -2.1
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 34.9 35 13 6.6 +1.1
FLRG Fidelity U.S. Multifactor ETF 34.5 29 19 5.9 +0.4
IWB iShares Russell 1000 ETF 34.4 15 33 4.5 -1.1
SCHK Schwab 1000 Index ETF 34.4 5 43 4.6 -0.9
SPXV ProShares S&P 500 Ex-Health Care ETF 34.0 27 21 4.3 -1.2
IYY iShares Dow Jones U.S. ETF 34.0 20 28 4.4 -1.1
QLC FlexShares US Quality Large Cap Index Fund 33.7 32 16 4.4 -1.1
IUSV iShares Core S&P U.S. Value ETF 33.7 4 44 6.4 +0.9
VTHR Vanguard Russell 3000 Index Fund 33.6 10 38 4.4 -1.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 33.6 30 18 5.0 -0.5

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:

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 32.1 %
Divided by: Fwd. P/BV 5.4 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 5.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.49 CATEGORY
AVERAGE
1.49
 
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.