O'Shares FTSE Russell Small Cap Quality Dividend ETF
ALTAR
Score™
6.2% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
19.7x P/Sales
ratio
1.8x
P/BV
ratio
2.9x Div.
yield
2.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The O’Shares FTSE Russell Small Cap Quality Dividend ETF tracks an index of US small-cap stocks weighted for exposure to quality, low volatility, and high yield factors.

FUND BASICS
Category US Equities
Fund Sponsor OSI ETF Trust
Website oshares.com
Inception date Dec 30, 2016
Assets (mns) $105
Currency USD
Expense ratio 48 bp
Distributions Monthly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 105
Wgt avg mkt cap (mns) $5,281
Large cap (>$10bn) 7.6%
Mid cap ($2-10bn) 78.7%
Small cap (<$2bn) 13.7%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
SMITH (A.O.) CORP 2.1 %
HOULIHAN LOKEY, INC. CLASS A 2.1 %
GRACO INC 2.1 %
EATON VANCE CORP 2.1 %
WHIRLPOOL CORP 2.0 %
BIO-TECHNE CORPORATION 2.0 %
SNAP-ON INC 2.0 %
INTERPUBLIC GROUP OF COS INC 2.0 %
ENCOMPASS HEALTH CORPORATION 2.0 %
DOLBY LABORATORIES INC-CL A 2.0 %
Total 20.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.3 %
BERMUDA 1.5 %









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.
-9.8% -3.7% -- -- 3.6%

Market Correlations
versus... Beta R-squared
S&P500 1.15 91%
MSCI EAFE 1.18 79%
MSCI Emg. Mkts. 0.84 64%

Technical Indicators
Recent close $27.58
30d moving avg. $26.82
Annualized volatility 21.3%
Short interest (ETF) 0.2%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 10
Turnover 0.3%
Bid/Ask (% of price) 0.20%
ADV underlying (mns) $3,146

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the O'Shares FTSE Russell Small Cap Quality Dividend ETF ETF based on the alternatives' overlap in portfolio holdings with OUSM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: OUSM Expense: 48 bp ALTAR Score™: 6.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH OUSM
Ticker Fund
Name
Overlap1
vs OUSM
(%)
Expense
ratio
(bp)
Savings
vs OUSM
(bp)
ALTAR
Score™
(%)
ALTAR
vs OUSM
(%)
RNMC Mid Cap US Equity Select ETF 24.0 60 -12 7.4 +1.2
XMLV Invesco S&P MidCap Low Volatility ETF 23.8 25 23 5.5 -0.8
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 22.0 80 -32 5.7 -0.6
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 20.1 20 28 4.6 -1.6
DON WisdomTree U.S. MidCap Dividend Fund 18.0 38 10 7.5 +1.3
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 18.0 41 7 6.1 -0.1
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 17.4 60 -12 7.8 +1.6
AFMC First Trust Active Factor Mid Cap ETF 15.9 65 -17 6.2 -0.1
EZM WisdomTree U.S. MidCap Earnings Fund 15.7 38 10 8.6 +2.4
MDY SPDR S&P Midcap 400 ETF Trust 15.3 23 25 6.2 +0.0
SPMD SPDR Portfolio Mid Cap ETF 15.3 5 43 6.4 +0.2
IJH iShares Core S&P Mid-Cap ETF 15.3 5 43 6.4 +0.2
FNK First Trust Mid Cap Value AlphaDEX Fund 15.1 70 -22 10.7 +4.5
MDYG SPDR S&P 400 Mid Cap Growth ETF 15.0 15 33 4.9 -1.3
IJK iShares S&P Mid-Cap 400 Growth ETF 15.0 24 24 4.8 -1.4
JHSC John Hancock Multifactor Small Cap ETF 14.6 42 6 5.5 -0.8
IVOO Vanguard S&P Mid-Cap 400 ETF 14.5 10 38 6.2 -0.0
FSMD Fidelity Small-Mid Factor ETF 14.4 29 19 6.1 -0.1
EQWM Invesco S&P MidCap Quality ETF 14.4 25 23 6.2 -0.0
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 14.1 15 33 4.8 -1.4
SMDY Syntax Stratified MidCap ETF 14.0 30 18 6.6 +0.4
MDYV SPDR S&P 400 Mid Cap Value ETF 13.9 15 33 8.4 +2.1
IJJ iShares S&P Mid-Cap 400 Value ETF 13.9 25 23 8.2 +2.0
FNX First Trust Mid Cap Core AlphaDEX Fund 13.8 61 -13 6.3 +0.1
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 13.3 30 18 7.4 +1.2
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 13.3 20 28 9.1 +2.9
EWMC Invesco S&P MidCap 400 Equal Weight ETF 13.1 40 8 7.2 +1.0
IVOV Vanguard S&P Mid-Cap 400 Value ETF 12.7 15 33 8.2 +2.0
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 12.4 35 13 5.8 -0.4
JKJ iShares Morningstar Small-Cap ETF 11.7 25 23 6.3 +0.1
OSCV Opus Small Cap Value Plus ETF 11.3 79 -31 5.4 -0.8
DES WisdomTree U.S. SmallCap Dividend Fund 11.0 38 10 8.3 +2.1
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 11.0 38 10 8.3 +2.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 10.9 7 41 5.1 -1.2
RWK Invesco S&P MidCap 400 Revenue ETF 10.7 39 9 7.9 +1.7
JKL iShares Morningstar Small Cap Value ETF 10.7 30 18 9.9 +3.6
KCE SPDR S&P Capital Markets ETF 10.6 35 13 8.9 +2.7
SCHM Schwab U.S. Mid-Cap ETF 10.5 4 44 5.8 -0.4
ONEV SPDR Russell 1000 Low Volatility Focus ETF 10.4 20 28 6.8 +0.6
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 10.4 24 24 5.9 -0.3
ONEY SPDR Russell 1000 Yield Focus ETF 10.3 20 28 8.9 +2.6
VBR Vanguard Small Cap Value Index Fund 10.2 7 41 7.9 +1.7
BKSE BNY Mellon US Small Cap Core Equity ETF 10.2 4 44 5.6 -0.6
SDY SPDR S&P Dividend ETF 10.0 35 13 7.0 +0.8
SFYX Sofi Next 500 ETF 9.8 0 48 5.7 -0.5
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 9.7 29 19 9.2 +3.0
PBSM Invesco PureBeta MSCI USA Small Cap ETF 9.7 6 42 5.0 -1.2
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 9.5 17 31 4.7 -1.5
NUSC Nuveen ESG Small-Cap ETF 9.5 40 8 4.7 -1.6
XSLV Invesco S&P SmallCap Low Volatility ETF 9.3 25 23 5.5 -0.7
SMDV ProShares Russell 2000 Dividend Growers ETF 9.0 41 7 6.5 +0.3
VB Vanguard Small-Cap ETF 9.0 5 43 5.1 -1.1
RNSC Small Cap US Equity Select ETF 8.9 60 -12 7.0 +0.7
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 8.9 29 19 4.9 -1.3
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 8.8 63 -15 5.9 -0.3
IUSS Invesco Strategic US Small Company ETF 8.8 23 25 5.1 -1.1
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 8.6 35 13 7.7 +1.5
USMF WisdomTree U.S. Multifactor Fund 8.6 28 20 5.7 -0.6
ROGS Hartford Multifactor Global Small Cap ETF 8.6 34 14 8.0 +1.8
ETHO Etho Climate Leadership U.S. ETF 8.2 47 1 4.3 -2.0
VBK Vanguard Small-Cap Growth Index Fund 8.1 7 41 2.2 -4.0
FXD First Trust Consumer Discretionary AlphaDEX Fund 8.0 64 -16 5.4 -0.8
TMDV ProShares Russell US Dividend Growers ETF 7.9 36 12 5.6 -0.6
VFMV Vanguard U.S. Minimum Volatility ETF 7.9 13 35 4.3 -1.9
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 7.8 30 18 5.5 -0.7
PY Principal Shareholder Yield Index ETF 7.8 15 33 9.2 +3.0
SCHA Schwab U.S. Small-Cap ETF 7.8 4 44 4.6 -1.6
VIOG Vanguard S&P Small-Cap 600 Growth ETF 7.8 16 32 5.2 -1.0
PSC Principal U.S. Small Cap Index ETF 7.7 38 10 6.7 +0.5
AFSM First Trust Active Factor Small Cap ETF 7.7 75 -27 5.3 -0.9
FVD First Trust Value Line Dividend Index Fund 7.7 70 -22 6.2 -0.0
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 7.6 12 36 7.5 +1.3
KLCD KFA Large Cap Quality Dividend Index ETF 7.6 42 6 5.3 -0.9
VUSE Vident Core US Equity Fund 7.6 48 0 8.7 +2.5
SQLV Legg Mason Small-Cap Quality Value 7.6 62 -14 6.2 +0.0
SLYG SPDR S&P 600 Small Cap Growth ETF 7.5 15 33 5.3 -0.9
IJT iShares S&P Small-Cap 600 Growth ETF 7.5 25 23 5.4 -0.9
TPLC Timothy Plan US Large Cap Core ETF 7.4 52 -4 5.2 -1.0
FNDA Schwab Fundamental U.S. Small Co. Index ETF 7.4 25 23 7.2 +1.0
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 7.4 29 19 6.7 +0.5
IFRA iShares U.S. Infrastructure ETF 7.3 40 8 5.5 -0.7
XMMO Invesco S&P MidCap Momentum ETF 7.2 34 14 3.8 -2.5
VFLQ Vanguard U.S. Liquidity Factor ETF 7.1 14 34 4.1 -2.1
JHMM John Hancock Multifactor Mid Cap ETF 7.1 42 6 5.4 -0.9
FNY First Trust Mid Cap Growth AlphaDEX Fund 7.1 70 -22 2.0 -4.2
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 7.0 35 13 7.8 +1.6
MIDF iShares Edge MSCI Multifactor USA Mid-Cap ETF 7.0 25 23 7.4 +1.2
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 6.9 17 31 6.2 -0.0
FAB First Trust Multi Cap Value AlphaDEX Fund 6.9 71 -23 9.5 +3.2
TPHD Timothy Plan High Dividend Stock ETF 6.9 52 -4 7.3 +1.1
FXO First Trust Financials AlphaDEX Fund 6.9 63 -15 12.1 +5.9
VFQY Vanguard U.S. Quality Factor ETF 6.6 13 35 6.3 +0.0
VALQ American Century STOXX U.S. Quality Value ETF 6.6 29 19 8.7 +2.5
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 6.6 20 28 4.7 -1.5
VFMF Vanguard U.S. Multifactor ETF 6.5 19 29 7.2 +1.0
ONEO SPDR Russell 1000 Momentum Focus ETF 6.5 20 28 6.2 +0.0
XHB SPDR S&P Homebuilders ETF 6.5 35 13 6.7 +0.5
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 6.4 35 13 9.9 +3.7
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 6.4 30 18 9.0 +2.8

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 Russell Small Cap 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 18.2 %
Divided by: Fwd. P/BV 2.7 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 6.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.60 CATEGORY
AVERAGE
1.51
 
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.