O'Shares FTSE Russell Small Cap Quality Dividend ETF
ALTAR
Score™
8.4% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
13.4x P/Sales
ratio
1.0x
P/BV
ratio
1.9x Div.
yield
3.8%


  • 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) $71
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 235
Wgt avg mkt cap (mns) $3,865
Large cap (>$10bn) 1.6%
Mid cap ($2-10bn) 71.5%
Small cap (<$2bn) 26.9%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
CYPRESS SEMICONDUCTOR CORP 3.3 %
ENCOMPASS HEALTH CORPORATION 2.9 %
MONOLITHIC POWER SYSTEMS INC 2.8 %
LOGMEIN INC 2.4 %
WATSCO INC 2.4 %
GRACO INC 1.9 %
CABOT MICROELECTRONICS CORP 1.9 %
EATON VANCE CORP 1.7 %
JACK HENRY & ASSOCIATES INC 1.6 %
SMITH (A.O.) CORP 1.6 %
Total 22.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 98.2 %
BRITAIN 1.5 %
BERMUDA 0.3 %
LUXEMBOURG 0.1 %
PANAMA 0.0 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 29)
Year-to-date 1 year 5 years 10 years Since Incep.
-11.5% -0.9% -- -- 3.7%

Market Correlations
versus... Beta R-squared
S&P500 1.10 87%
MSCI EAFE 0.99 62%
MSCI Emg. Mkts. 0.67 41%

Technical Indicators
Recent close $21.25
30d moving avg. $24.37
Annualized volatility 15.6%
Short interest (ETF) 0.2%
Relative strength (RSI) 34

Liquidity measures
Avg. volume (thou.) 23
Turnover 0.7%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $7,596

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 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™: 8.4%


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 26.3 60 -12 9.4 +1.0
MDY SPDR S&P Midcap 400 ETF Trust 25.0 23 25 8.4 -0.0
IJH iShares Core S&P Mid-Cap ETF 24.9 6 42 8.6 +0.2
SPMD SPDR Portfolio Mid Cap ETF 24.9 5 43 8.6 +0.2
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 24.8 60 -12 11.8 +3.3
IVOO Vanguard S&P Mid-Cap 400 ETF 24.8 10 38 8.5 +0.1
IJJ iShares S&P Mid-Cap 400 Value ETF 24.4 25 23 11.3 +2.9
EWMC Invesco S&P MidCap 400 Equal Weight ETF 24.3 40 8 9.2 +0.8
MDYV SPDR S&P 400 Mid Cap Value ETF 24.3 15 33 11.4 +2.9
VBR Vanguard Small Cap Value Index Fund 24.2 7 41 11.1 +2.7
IVOV Vanguard S&P Mid-Cap 400 Value ETF 24.1 15 33 11.4 +3.0
DES WisdomTree U.S. SmallCap Dividend Fund 22.5 38 10 11.7 +3.3
EQWM Invesco S&P MidCap Quality ETF 22.4 25 23 6.5 -1.9
JKL iShares Morningstar Small Cap Value ETF 21.3 30 18 13.9 +5.5
EZM WisdomTree U.S. MidCap Earnings Fund 21.2 38 10 12.8 +4.4
SMDY Syntax Stratified MidCap ETF 21.1 30 18 8.6 +0.2
REGL ProShares S&P MidCap 400 Dividend Aristocrats ETF 21.0 40 8 7.5 -0.9
RNSC Small Cap US Equity Select ETF 20.6 60 -12 8.9 +0.4
IJK iShares S&P Mid-Cap 400 Growth ETF 20.3 24 24 6.3 -2.1
RWK Invesco S&P MidCap 400 Revenue ETF 20.3 39 9 11.1 +2.7
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 20.3 15 33 6.4 -2.1
MDYG SPDR S&P 400 Mid Cap Growth ETF 20.3 15 33 6.4 -2.0
DON WisdomTree U.S. MidCap Dividend Fund 20.0 38 10 10.6 +2.2
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 19.7 35 13 8.5 +0.1
FNDA Schwab Fundamental U.S. Small Co. Index ETF 19.3 25 23 9.1 +0.6
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 19.3 30 18 9.9 +1.5
JHSC John Hancock Multifactor Small Cap ETF 19.2 50 -2 8.1 -0.3
IUSS Invesco Strategic US Small Company ETF 19.2 23 25 8.5 +0.1
FSMD Fidelity Small-Mid Factor ETF 18.3 29 19 9.3 +0.9
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 17.9 38 10 12.6 +4.2
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 17.8 17 31 6.8 -1.6
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 17.5 20 28 9.7 +1.3
PBSM Invesco PureBeta MSCI USA Small Cap ETF 17.5 6 42 7.5 -0.9
SCHA Schwab U.S. Small-Cap ETF 17.3 4 44 6.9 -1.5
FNK First Trust Mid Cap Value AlphaDEX Fund 17.2 70 -22 14.8 +6.4
VB Vanguard Small-Cap ETF 17.2 5 43 7.5 -0.9
FNX First Trust Mid Cap Core AlphaDEX Fund 17.2 61 -13 9.5 +1.1
OMFS Oppenheimer Russell 2000 Dynamic Multifactor ETF 16.9 39 9 8.0 -0.4
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 16.9 29 19 7.9 -0.5
PSC Principal U.S. Small Cap Index ETF 16.8 38 10 10.0 +1.6
NUSC Nuveen ESG Small-Cap ETF 16.8 40 8 7.0 -1.5
CSA Victory CEMP US Small Cap Volatility Weighted Index ETF 16.6 35 13 11.0 +2.6
ISMD Inspire Small/Mid Cap Impact ETF 16.5 61 -13 7.1 -1.3
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 16.1 20 28 7.3 -1.2
AFMC First Trust Active Factor Mid Cap ETF 15.8 65 -17 9.1 +0.6
SFYX Sofi Next 500 ETF 15.8 0 48 7.6 -0.8
TPSC Timothy Plan US Small Cap Core ETF 15.7 52 -4 10.2 +1.8
XMLV Invesco S&P MidCap Low Volatility ETF 14.5 25 23 7.6 -0.8
OSCV Opus Small Cap Value Plus ETF 14.4 79 -31 7.4 -1.0
CSB Victory CEMP US Small Cap High Dividend Volatility Wtd Idx E 14.2 35 13 11.7 +3.3
ONEY SPDR Russell 1000 Yield Focus ETF 14.0 20 28 11.3 +2.9
VTWO Vanguard Russell 2000 Index Fund 13.9 10 38 5.3 -3.1
IWM iShares Russell 2000 ETF 13.8 19 29 5.2 -3.3
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 13.8 20 28 8.2 -0.2
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 13.6 12 36 9.6 +1.2
IJR iShares Core S&P Small Cap ETF 13.5 7 41 9.0 +0.6
SLY SPDR S&P 600 Small Cap ETF 13.4 15 33 8.9 +0.5
SPSM SPDR Portfolio Small Cap ETF 13.4 5 43 9.1 +0.7
VIOO Vanguard S&P Small-Cap 600 ETF 13.3 10 38 9.0 +0.6
JKJ iShares Morningstar Small-Cap ETF 13.0 25 23 8.5 +0.1
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 13.0 24 24 7.9 -0.5
SCHM Schwab U.S. Mid-Cap ETF 12.9 4 44 8.4 -0.0
FYX First Trust Small Cap Core AlphaDEX Fund 12.9 63 -15 8.3 -0.1
VXF Vanguard Extended Market Index Fund 12.8 7 41 5.5 -2.9
AVUV Avantis U.S. Small Cap Value ETF 12.5 25 23 12.8 +4.4
SDY SPDR S&P Dividend ETF 12.4 35 13 7.7 -0.7
FAB First Trust Multi Cap Value AlphaDEX Fund 12.2 71 -23 12.5 +4.1
ONEV SPDR Russell 1000 Low Volatility Focus ETF 12.0 20 28 8.9 +0.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 11.9 39 9 5.9 -2.5
IWN iShares Russell 2000 Value ETF 11.7 24 24 9.4 +1.0
VTWV Vanguard Russell 2000 Value Index Fund 11.7 15 33 9.6 +1.2
IJT iShares S&P Small-Cap 600 Growth ETF 11.5 25 23 7.0 -1.4
SLYG SPDR S&P 600 Small Cap Growth ETF 11.5 15 33 7.1 -1.3
VIOG Vanguard S&P Small-Cap 600 Growth ETF 11.5 16 32 7.0 -1.4
VTWG Vanguard Russell 2000 Growth Index Fund 11.4 15 33 1.7 -6.8
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 11.4 40 8 8.4 -0.1
IWO iShares Russell 2000 Growth ETF 11.3 24 24 1.4 -7.0
ROGS Hartford Multifactor Global Small Cap ETF 10.9 34 14 11.0 +2.6
XSHQ Invesco S&P SmallCap Quality ETF 10.6 29 19 7.5 -0.9
FYT First Trust Small Cap Value AlphaDEX Fund 10.6 72 -24 12.6 +4.2
EES WisdomTree SmallCap Earnings Fund 10.3 38 10 17.1 +8.7
VFQY Vanguard U.S. Quality Factor ETF 10.3 13 35 8.0 -0.4
IFRA iShares U.S. Infrastructure ETF 10.1 40 8 7.3 -1.1
VSDA VictoryShares Dividend Accelerator ETF 10.1 35 13 5.6 -2.9
KCE SPDR S&P Capital Markets ETF 10.0 35 13 10.2 +1.8
AFSM First Trust Active Factor Small Cap ETF 10.0 75 -27 9.8 +1.4
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 9.9 29 19 8.7 +0.3
RFG Invesco S&P Midcap 400 Pure Growth ETF 9.9 35 13 5.7 -2.8
TPLC Timothy Plan US Large Cap Core ETF 9.8 52 -4 6.9 -1.5
TPHD Timothy Plan High Dividend Stock ETF 9.8 52 -4 8.9 +0.5
VBK Vanguard Small-Cap Growth Index Fund 9.7 7 41 3.6 -4.8
ETHO Etho Climate Leadership U.S. ETF 9.6 47 1 6.3 -2.1
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 9.5 24 24 10.0 +1.6
JDIV JPMorgan U.S. Dividend ETF 9.5 12 36 10.2 +1.8
ONEO SPDR Russell 1000 Momentum Focus ETF 9.4 20 28 8.8 +0.4
SQLV Legg Mason Small-Cap Quality Value 9.4 62 -14 10.9 +2.5
VFLQ Vanguard U.S. Liquidity Factor ETF 9.3 13 35 5.1 -3.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 9.3 39 9 9.3 +0.9
SMDV ProShares Russell 2000 Dividend Growers ETF 9.2 40 8 7.9 -0.6
KLCD KFA Large Cap Quality Dividend Index ETF 8.9 41 7 6.3 -2.1

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 16.6 %
Divided by: Fwd. P/BV 1.9 x
Less: Expense ratio 48 bp
Equals: ALTAR Score 8.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.70 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.