Invesco S&P SmallCap Financials ETF
ALTAR
Score™		 8.7% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 12.3x P/Sales
ratio		 2.4x
P/BV
ratio		 1.3x Div.
yield		 3.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Invesco S&P Small Cap Financials is based on the S&P SmallCap 600 Capped Financials Index. The Index is a subset of the S&P SmallCap 600 Index, which is a float-adjusted, market-capitalization-weighted index reflecting the U.S. small-cap market.

FUND BASICS
Category US Equities
Fund Sponsor Invesco
Website www.invescopowershares.com
Inception date Apr 07, 2010
Assets (mns) $21
Currency USD
Expense ratio 29 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 172
Wgt avg mkt cap (mns) $2,981
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 71.3%
Small cap (<$2bn) 28.7%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
BGC GROUP INC 3.6 %
COMERICA INC 2.2 %
MR. COOPER GROUP, INC. 1.8 %
ESSENTIAL PROPERTIES REALTY TRUST, 1.7 %
JACKSON FINANCIAL INCORPORATION CL 1.7 %
RADIAN GROUP INC 1.6 %
LINCOLN NATIONAL CORP 1.5 %
PHILLIPS EDISON & COMPANY, INC. 1.4 %
MOELIS & CO - CLASS A 1.4 %
SL GREEN REALTY CORP 1.3 %
Total 18.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 93.9 %
PUERTO RICO 2.2 %
BERMUDA 1.6 %
BRITAIN 0.8 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
13.8% 30.2% 4.8% 6.8% 8.3%

Market Correlations
versus... Beta R-squared
S&P500 0.97 48%
MSCI EAFE 1.01 49%
MSCI Emg. Mkts. 0.75 27%

Technical Indicators
Recent close $56.92
30d moving avg. $53.97
Annualized volatility 25.1%
Short interest (ETF) 0.3%
Short interest (Underlying) 4.1%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 2
Turnover 0.5%
Bid/Ask (% of price) 0.22%
ADV underlying (mns) $1,931

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 368 potential alternatives to the Invesco S&P SmallCap Financials ETF ETF based on the alternatives' overlap in portfolio holdings with PSCF. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: PSCF Expense: 29 bp ALTAR Score™: 8.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH PSCF
Ticker Fund
Name		 Overlap1
vs PSCF
(%)		 Expense
ratio
(bp)		 Savings
vs PSCF
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs PSCF
(%)
IJS iShares S&P Small-Cap 600 Value ETF 36.9 18 11 8.2 -0.5
VIOV Vanguard S&P Small-Cap 600 Value ETF 35.9 15 14 8.3 -0.4
SLYV SPDR S&P 600 Small Cap Value ETF 35.9 15 14 8.2 -0.5
XJR iShares ESG Screened S&P Small-Cap ETF 28.9 12 17 7.1 -1.6
KBE SPDR S&P Bank ETF 28.8 35 -6 8.9 +0.2
XSLV Invesco S&P SmallCap Low Volatility ETF 28.8 25 4 6.8 -1.9
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 28.1 15 14 7.5 -1.2
ESIX SPDR S&P SmallCap 600 ESG ETF 27.4 12 17 7.5 -1.2
IJR iShares Core S&P Small Cap ETF 27.0 6 23 7.3 -1.4
KRE SPDR S&P Regional Banking ETF 26.7 35 -6 9.0 +0.3
SPSM SPDR Portfolio S&P 600 Small Cap ETF 26.1 3 26 7.3 -1.4
VIOO Vanguard S&P Small-Cap 600 ETF 26.1 10 19 7.3 -1.4
SVAL iShares US Small Cap Value Factor ETF 24.4 20 9 10.2 +1.5
XSVM Invesco S&P SmallCap Value with Momentum ETF 21.9 36 -7 11.5 +2.8
FYT First Trust Small Cap Value AlphaDEX Fund 21.6 73 -44 10.0 +1.3
XSHQ Invesco S&P SmallCap Quality ETF 21.0 29 0 8.7 -0.0
DES WisdomTree U.S. SmallCap Dividend Fund 19.9 38 -9 7.0 -1.7
RNSC Furst Trust Small Cap US Equity Select ETF 19.3 60 -31 7.0 -1.7
VTWV Vanguard Russell 2000 Value ETF 18.6 15 14 5.0 -3.7
IWN iShares Russell 2000 Value ETF 18.6 24 5 4.9 -3.8
FYX First Trust Small Cap Core AlphaDEX Fund 18.5 61 -32 5.6 -3.1
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 18.3 39 -10 6.0 -2.7
SSLY Syntax Stratified SmallCap ETF 18.3 40 -11 7.1 -1.6
QABA First Trust NASDAQ ABA Community Bank Index Fund 18.1 60 -31 7.9 -0.8
EES WisdomTree U.S. SmallCap Fund 18.0 38 -9 9.2 +0.5
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 17.7 9 20 3.5 -5.2
KBWR Invesco KBW Regional Banking ETF 17.6 35 -6 8.6 -0.1
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 17.1 12 17 7.5 -1.2
IJT iShares S&P Small-Cap 600 Growth ETF 16.8 18 11 6.3 -2.4
AVSC Avantis U.S Small Cap Equity ETF 16.7 25 4 4.8 -3.9
RZV Invesco S&P Smallcap 600 Pure Value ETF 16.4 35 -6 9.5 +0.8
SLYG SPDR S&P 600 Small Cap Growth ETF 16.1 15 14 6.3 -2.4
VIOG Vanguard S&P Small-Cap 600 Growth ETF 16.1 15 14 6.3 -2.4
TPSC Timothy Plan US Small Cap Core ETF 16.0 52 -23 6.8 -1.9
SMCP AlphaMark Actively Managed Small Cap ETF 15.6 90 -61 4.2 -4.5
RWJ Invesco S&P SmallCap 600 Revenue ETF 15.6 39 -10 8.3 -0.4
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 15.5 29 0 6.7 -2.0
CSA VictoryShares US Small Cap Volatility Wtd ETF 14.9 35 -6 6.4 -2.3
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 14.9 42 -13 6.3 -2.4
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 14.6 35 -6 5.6 -3.1
XSMO Invesco S&P SmallCap Momentum ETF 14.5 39 -10 7.3 -1.4
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 13.8 39 -10 4.2 -4.5
BSVO EA Bridgeway Omni Small-Cap Value ETF 13.7 47 -18 8.8 +0.1
ISMD Inspire Small/Mid Cap ETF 13.3 54 -25 5.3 -3.4
AVUV Avantis U.S. Small Cap Value ETF 13.0 25 4 9.2 +0.5
PSC Principal U.S. Small-Cap ETF 12.5 38 -9 6.0 -2.7
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 12.5 35 -6 4.7 -4.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 12.4 20 9 4.6 -4.1
SMDV ProShares Russell 2000 Dividend Growers ETF 12.4 40 -11 6.6 -2.1
AFSM First Trust Active Factor Small Cap ETF 12.2 75 -46 6.4 -2.3
FESM Fidelity Enhanced Small Cap ETF 12.1 28 1 1.8 -6.9
FNDA Schwab Fundamental US Small Co. Index ETF 11.8 25 4 6.2 -2.5
ROSC Hartford Multifactor Small Cap ETF 11.8 34 -5 8.8 +0.1
RSSL Global X Russell 2000 ETF 11.7 8 21 2.7 -6.0
PPTY US Diversified Real Estate ETF 11.6 53 -24 5.5 -3.2
VTWO Vanguard Russell 2000 ETF 11.5 10 19 3.0 -5.7
RIET Hoya Capital High Dividend Yield ETF 11.4 50 -21 11.4 +2.7
ISCV iShares Morningstar Small Cap Value ETF 11.2 6 23 7.4 -1.3
IWM iShares Russell 2000 ETF 11.1 19 10 2.9 -5.8
RZG Invesco S&P Smallcap 600 Pure Growth ETF 10.5 35 -6 6.5 -2.2
FYC First Trust Small Cap Growth AlphaDEX Fund 10.5 71 -42 0.3 -8.4
BKSE BNY Mellon US Small Cap Core Equity ETF 10.4 4 25 4.9 -3.8
DFAT Dimensional U.S. Targeted Value ETF 10.4 28 1 8.2 -0.5
BLDG Cambria Global Real Estate ETF 10.3 60 -31 8.6 -0.1
KBWY Invesco KBW Premium Yield Equity REIT ETF 10.2 35 -6 15.3 +6.6
STXK Strive Small-Cap ETF 10.1 18 11 4.8 -3.9
DFSV Dimensional US Small Cap Value ETF 10.0 31 -2 8.7 +0.1
RDOG ALPS REIT Dividend Dogs ETF 9.9 35 -6 15.4 +6.7
PFI Invesco Dorsey Wright Financial Momentum ETF 9.7 60 -31 6.8 -1.9
GRPZ Invesco S&P SmallCap 600 GARP ETF 9.5 35 -6 10.3 +1.6
CRED Columbia Research Enhanced Real Estate ETF 8.8 33 -4 6.7 -2.0
SCHA Schwab U.S. Small-Cap ETF 8.7 4 25 4.3 -4.4
FLQS Franklin U.S. Small Cap Multifactor Index ETF 8.4 35 -6 6.8 -1.9
SIXS ETC 6 Meridian Small Cap Equity ETF 8.2 89 -60 8.5 -0.2
KCE SPDR S&P Capital Markets ETF 8.2 35 -6 6.4 -2.3
JMEE JPMorgan Market Expansion Enhanced Equity ETF 8.1 24 5 7.1 -1.6
SMLF iShares U.S. SmallCap Equity Factor ETF 7.7 15 14 5.1 -3.6
USVM VictoryShares US Small Mid Cap Value Momentum ETF 7.6 25 4 7.4 -1.3
DFAS Dimensional U.S. Small Cap ETF 7.5 26 3 5.7 -3.0
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 7.5 11 18 6.1 -2.6
NUSC Nuveen ESG Small-Cap ETF 7.3 31 -2 5.1 -3.6
VBR Vanguard Small Cap Value ETF 7.3 7 22 7.7 -1.0
ISCB iShares Morningstar Small-Cap ETF 7.1 4 25 4.9 -3.8
GQRE FlexShares Global Quality Real Estate Index Fund 7.1 45 -16 5.8 -2.9
FRI First Trust S&P REIT Index Fund 7.0 50 -21 5.7 -3.0
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 6.8 38 -9 5.3 -3.4
RWR SPDR Dow Jones REIT ETF 6.7 25 4 5.9 -2.8
SQLV Royce Quant Small-Cap Quality Value ETF 6.6 60 -31 7.4 -1.3
VFQY Vanguard U.S. Quality Factor ETF 6.6 13 16 7.3 -1.4
CVY Invesco Zacks Multi-Asset Income ETF 6.6 106 -77 11.2 +2.5
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 6.6 60 -31 1.6 -7.1
SIXL ETC 6 Meridian Low Beta Equity ETF 6.6 80 -51 4.4 -4.3
USRT iShares Core U.S. REIT ETF 6.6 8 21 6.2 -2.5
VFVA Vanguard U.S. Value Factor ETF 6.5 13 16 10.2 +1.5
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 6.5 80 -51 6.1 -2.6
SDIV Global X Superdividend ETF 6.4 58 -29 14.3 +5.6
IRET iREIT - MarketVector Quality REIT Index ETF 6.4 60 -31 5.5 -3.2
ETHO Etho Climate Leadership U.S. ETF 6.3 47 -18 3.4 -5.3
VAMO Cambria Value & Momentum ETF 6.3 61 -32 9.2 +0.5
FREL Fidelity MSCI Real Estate Index ETF 6.3 8 21 5.9 -2.8
VFMF Vanguard U.S. Multifactor ETF 6.2 18 11 8.6 -0.1
FAB First Trust Multi Cap Value AlphaDEX Fund 6.1 67 -38 9.0 +0.3
SCHH Schwab U.S. REIT ETF 5.9 7 22 6.3 -2.4
VRAI Virtus Real Asset Income ETF 5.9 55 -26 8.1 -0.6
DFAR Dimensional US Real Estate ETF 5.9 19 10 6.1 -2.6
VNQ Vanguard Real Estate ETF 5.9 12 17 6.0 -2.7
FSMD Fidelity Small-Mid Multifactor ETF 5.7 15 14 7.0 -1.7
ESML iShares ESG Aware MSCI USA Small-Cap ETF 5.6 17 12 5.0 -3.7
DHS WisdomTree U.S. High Dividend Fund 5.6 38 -9 7.9 -0.8
NETL NETLease Corporate Real Estate ETF 5.4 60 -31 7.8 -0.9
JSML Janus Henderson Small Cap Growth Alpha ETF 5.3 30 -1 6.9 -1.8
FTXO First Trust Nasdaq Bank ETF 5.2 60 -31 9.0 +0.3
MORT VanEck Mortgage REIT Income ETF 5.2 43 -14 11.1 +2.4
KBWD Invesco KBW High Dividend Yield Financial ETF 5.1 384 -355 8.9 +0.2
BFOR ALPS Barron's 400 ETF 5.0 65 -36 6.3 -2.4
RNMC First Trust Mid Cap US Equity Select ETF 5.0 60 -31 6.3 -2.4
FSCS First Trust SMID Capital Strength ETF 5.0 60 -31 6.4 -2.3
RWO SPDR Dow Jones Global Real Estate ETF 4.9 50 -21 5.7 -3.0
NURE Nuveen Short-Term REIT ETF 4.9 35 -6 5.3 -3.4
FXO First Trust Financials AlphaDEX Fund 4.9 62 -33 7.9 -0.8
DESK VanEck Office and Commercial REIT ETF 4.8 50 -21 9.7 +1.0
VXF Vanguard Extended Market ETF 4.8 6 23 3.9 -4.8
VB Vanguard Small-Cap ETF 4.8 5 24 5.1 -3.6
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 4.7 30 -1 10.5 +1.8
REET iShares Global REIT ETF 4.6 14 15 5.9 -2.8
ERET iShares Environmentally Aware Real Estate ETF 4.4 30 -1 6.1 -2.6
FNK First Trust Mid Cap Value AlphaDEX Fund 4.4 70 -41 10.2 +1.5
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 4.3 60 -31 9.3 +0.6
WCEO Hypatia Women CEO ETF 4.3 85 -56 4.5 -4.2
VTWG Vanguard Russell 2000 Growth ETF 4.3 15 14 0.7 -8.0
KIE SPDR S&P Insurance ETF 4.2 35 -6 6.3 -2.4
IWO iShares Russell 2000 Growth ETF 4.2 24 5 0.6 -8.1
FPRO Fidelity Real Estate Investment ETF 4.2 59 -30 4.5 -4.2
DFGR Dimensional Global Real Estate ETF 4.2 22 7 5.9 -2.8
DEEP Roundhill Acquirers Deep Value ETF 4.2 80 -51 14.7 +6.0
OSCV Opus Small Cap Value ETF 4.2 79 -50 5.9 -2.8
REM iShares Mortgage Real Estate ETF 4.0 48 -19 12.7 +4.1
EZM WisdomTree U.S. MidCap Fund 4.0 38 -9 7.6 -1.1
ROOF IQ CBRE NextGen Real Estate ETF 3.9 60 -31 7.5 -1.2
RFDA RiverFront Dynamic US Dividend Advantage ETF 3.9 52 -23 5.7 -3.0
SYLD Cambria Shareholder Yield ETF 3.8 59 -30 11.2 +2.5
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 3.7 20 9 4.2 -4.5
FNCL Fidelity MSCI Financials Index ETF 3.6 8 21 6.0 -2.7
VFH Vanguard Financials ETF 3.4 10 19 6.1 -2.6
AFMC First Trust Active Factor Mid Cap ETF 3.4 65 -36 7.0 -1.7
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 3.3 27 2 7.0 -1.7
REZ iShares Residential and Multisector Real Estate ETF 3.2 48 -19 5.0 -3.7
AIRR First Trust RBA American Industrial Renaissance ETF 3.2 70 -41 5.0 -3.7
RDVY First Trust Rising Dividend Achievers ETF 3.2 50 -21 9.3 +0.6
WDIV SPDR S&P Global Dividend ETF 3.2 40 -11 9.4 +0.7
VUSE Vident U.S. Equity Strategy ETF 3.1 50 -21 3.3 -5.4
IAK iShares U.S. Insurance ETF 3.1 40 -11 5.9 -2.8
ISCG iShares Morningstar Small-Cap Growth ETF 3.0 6 23 2.4 -6.3
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 3.0 95 -66 1.6 -7.1
JHSC John Hancock Multifactor Small Cap ETF 2.9 42 -13 6.7 -2.0
FAD First Trust Multi Cap Growth AlphaDEX Fund 2.9 64 -35 2.0 -6.7
FNX First Trust Mid Cap Core AlphaDEX Fund 2.8 60 -31 6.9 -1.8
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 2.8 25 4 5.3 -3.4
HAUS Residential REIT ETF 2.8 60 -31 4.6 -4.1
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 2.8 30 -1 5.7 -3.0
IWC iShares Micro-Cap ETF 2.7 60 -31 -5.1 -13.8
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 2.7 48 -19 4.9 -3.8
HOMZ Hoya Capital Housing ETF 2.7 30 -1 6.6 -2.1
CVAR Cultivar ETF 2.6 87 -58 6.6 -2.1
REAI Intelligent Real Estate ETF 2.6 59 -30 6.8 -1.9
VFMO Vanguard U.S. Momentum Factor ETF 2.5 13 16 2.2 -6.5
WBIY WBI Power Factor High Dividend ETF 2.5 100 -71 10.3 +1.6
SRET Global X SuperDividend REIT ETF 2.5 59 -30 8.9 +0.2
AVRE Avantis Real Estate ETF 2.5 17 12 5.6 -3.1
CRUZ Defiance Hotel Airline and Cruise ETF 2.4 45 -16 -5.0 -13.7
BOUT Innovator IBD Breakout Opportunities ETF 2.4 81 -52 4.9 -3.8
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF 2.4 40 -11 5.1 -3.6
QDF FlexShares Quality Dividend Index Fund 2.3 37 -8 4.2 -4.5
ZIG Acquirers Fund 2.2 84 -55 14.1 +5.4
JPRE JPMorgan Realty Income ETF 2.2 50 -21 5.3 -3.4
IQRA IQ CBRE Real Assets ETF 2.2 65 -36 5.0 -3.7
SCAP InfraCap Small Cap Income ETF 2.1 135 -106 8.7 +0.0
DON WisdomTree U.S. MidCap Dividend Fund 2.1 38 -9 8.0 -0.7
DIV Global X SuperDividend US ETF 2.0 45 -16 7.7 -1.0
AUSF Global X Adaptive U.S. Factor ETF 2.0 27 2 8.6 -0.1
FSMO Fidelity Small-Mid Cap Opportunities ETF 1.9 60 -31 6.3 -2.4
PSR Invesco Active U.S. Real Estate Fund 1.9 35 -6 5.8 -2.9
VLU SPDR S&P 1500 Value Tilt ETF 1.9 12 17 6.9 -1.8
DSMC Distillate Small/Mid Cash Flow ETF 1.8 55 -26 11.7 +3.0
STCE Schwab Crypto Thematic ETF 1.7 30 -1 -1.0 -9.6
SCHD Schwab US Dividend Equity ETF 1.7 6 23 9.1 +0.4
JSTC Adasina Social Justice All Cap Global ETF 1.7 89 -60 4.7 -4.0
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.7 70 -41 2.8 -5.9
IAT iShares U.S. Regional Banks ETF 1.6 40 -11 9.3 +0.6
BEDZ AdvisorShares Hotel ETF 1.6 100 -71 2.0 -6.7
UDI USCF Dividend Income Fund 1.6 65 -36 7.3 -1.4
VBK Vanguard Small-Cap Growth ETF 1.5 7 22 1.4 -7.3
DFAC Dimensional U.S. Core Equity 2 ETF 1.5 17 12 5.4 -3.3
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.5 7 22 5.5 -3.2
SPRE SP Funds S&P Global REIT Sharia ETF 1.5 55 -26 4.3 -4.4
BPAY BlackRock Future Financial and Technology ETF 1.5 70 -41 8.7 +0.1
KBWP Invesco KBW Property & Casualty Insurance ETF 1.4 35 -6 5.8 -2.9
KBWB Invesco KBW Bank ETF 1.4 35 -6 8.5 -0.2
FPX First Trust US Equity Opportunities ETF 1.4 61 -32 2.0 -6.7
AVUS Avantis U.S. Equity ETF 1.4 15 14 5.7 -3.0
DFSU Dimensional US Sustainability Core 1 ETF 1.4 18 11 5.5 -3.2
FINX Global X FinTech ETF 1.3 68 -39 3.1 -5.6
FDFF Fidelity Disruptive Finance ETF 1.3 50 -21 4.6 -4.1
CGV Conductor Global Equity Value ETF 1.3 130 -101 10.8 +2.1
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 1.3 60 -31 3.2 -5.5
DTD WisdomTree U.S. Total Dividend Fund 1.2 28 1 6.1 -2.6
TXS Texas Capital Texas Equity Index ETF 1.2 49 -20 5.1 -3.6
PKW Invesco Buyback Achievers ETF 1.2 62 -33 6.8 -1.9
ERTH Invesco MSCI Sustainable Future ETF 1.2 62 -33 3.1 -5.6
DFUV Dimensional US Marketwide Value ETF 1.2 22 7 7.4 -1.3
ACES ALPS Clean Energy ETF 1.2 55 -26 -3.4 -12.1
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.2 58 -29 -1.4 -10.1
TAN Invesco Solar ETF 1.2 67 -38 8.7 0.0
BLLD JPMorgan Sustainable Infrastructure ETF 1.2 49 -20 5.3 -3.4
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 1.2 75 -46 7.3 -1.4
SURE AdvisorShares Insiders Advantage ETF 1.1 90 -61 10.0 +1.3
FNDB Schwab Fundamental US Broad Market Index ETF 1.1 25 4 6.7 -2.0
DCOR Dimensional US Core Equity 1 ETF 1.1 14 15 5.4 -3.3
DEW WisdomTree Global High Dividend Fund 1.1 58 -29 8.5 -0.2
HLGE Hartford Longevity Economy ETF 1.1 44 -15 6.0 -2.7
FCPI Fidelity Stocks for Inflation ETF 1.1 15 14 8.4 -0.3
CNBS Amplify Seymour Cannabis ETF 1.1 75 -46 -22.8 -31.5
MJ ETFMG Alternative Harvest 1.1 75 -46 -33.1 -41.8
MJUS ETFMG U.S. Alternative Harvest ETF 1.1 76 -47 2.2 -6.5
TOKE Cambria Cannabis ETF 1.1 42 -13 1.6 -7.1
SSPX Janus Henderson U.S. Sustainable Equity ETF 1.1 55 -26 4.1 -4.6
QDEF FlexShares Quality Dividend Defensive Index Fund 1.1 37 -8 4.0 -4.7
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 1.0 69 -40 8.4 -0.3
JRE Janus Henderson U.S. Real Estate ETF 1.0 65 -36 5.4 -3.3
PBD Invesco Global Clean Energy ETF 1.0 75 -46 -3.3 -11.9
TIME Clockwise Core Equity & Innovation ETF 1.0 95 -66 2.3 -6.4
FLRG Fidelity U.S. Multifactor ETF 1.0 15 14 7.4 -1.3
IYR iShares U.S. Real Estate ETF 0.9 40 -11 5.8 -2.9
AMID Argent Mid Cap ETF Argent Mid Cap ETF 0.9 52 -23 6.5 -2.2
PRF Invesco FTSE RAFI US 1000 ETF 0.9 39 -10 6.9 -1.8
RITA ETFB Green SRI REITs ETF 0.9 50 -21 4.6 -4.1
TMFX Motley Fool Next Index ETF 0.9 50 -21 2.9 -5.8
GVLU Gotham 1000 Value ETF 0.9 50 -21 7.1 -1.6
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.9 79 -50 5.4 -3.3
INDS Pacer Industrial Real Estate ETF 0.9 55 -26 5.0 -3.7
FOVL iShares Focused Value Factor ETF 0.9 25 4 9.1 +0.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.9 29 0 6.4 -2.3
DVY iShares Select Dividend ETF 0.9 38 -9 8.2 -0.5
TMFM Motley Fool Mid-Cap Growth ETF 0.8 85 -56 3.3 -5.4
TMFS Motley Fool Small-Cap Growth ETF 0.8 85 -56 2.9 -5.8
JVAL JPMorgan U.S. Value Factor ETF 0.8 12 17 7.9 -0.8
BFGFX Baron Focused Growth Retail 0.8 75 -46 3.3 -5.4
VYM Vanguard High Dividend Yield Index ETF 0.8 6 23 6.9 -1.8
VFMV Vanguard U.S. Minimum Volatility ETF 0.8 13 16 5.0 -3.7
FLDZ RiverNorth Patriot ETF 0.8 75 -46 5.4 -3.3
PSP Invesco Global Listed Private Equity ETF 0.8 106 -77 7.5 -1.2
QMOM Alpha Architect U.S. Quantitative Momentum ETF 0.8 39 -10 3.3 -5.4
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.8 75 -46 5.2 -3.5
FDL First Trust Morningstar Dividend Leaders Index Fund 0.8 45 -16 8.8 +0.1
SMOT VanEck Morningstar SMID Moat ETF 0.8 49 -20 6.0 -2.7
PEY Invesco High Yield Equity Dividend Achievers ETF 0.8 52 -23 9.0 +0.3
EQAL Invesco Russell 1000 Equal Weight ETF 0.7 20 9 6.3 -2.4
ONEY SPDR Russell 1000 Yield Focus ETF 0.7 20 9 9.4 +0.7
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.7 68 -39 2.3 -6.4
BLOK Amplify Transformational Data Sharing ETF 0.7 75 -46 0.2 -8.5
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 0.7 60 -31 5.8 -2.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.6 24 5 7.4 -1.3
EMFQ Amplify Emerging Markets FinTech ETF 0.6 69 -40 5.9 -2.8
PY Principal Value ETF 0.6 15 14 7.1 -1.6
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.6 85 -56 4.6 -4.1
VTI Vanguard Total Stock Market ETF 0.6 3 26 4.9 -3.8
SCHB Schwab U.S. Broad Market ETF 0.6 3 26 5.0 -3.7
ESGV Vanguard ESG U.S. Stock ETF 0.6 9 20 4.8 -3.9
VTHR Vanguard Russell 3000 ETF 0.6 10 19 4.8 -3.9
ARB AltShares Merger Arbitrage ETF 0.6 77 -48 4.4 -4.3
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.6 3 26 5.2 -3.5
IWV iShares Russell 3000 ETF 0.6 20 9 4.7 -4.0
SMOG VanEck Low Carbon Energy ETF 0.6 61 -32 2.6 -6.1
DFAU Dimensional US Core Equity Market ETF 0.6 12 17 5.1 -3.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.6 3 26 4.9 -3.8
ONEQ Fidelity Nasdaq Composite Index ETF 0.6 21 8 3.9 -4.8
ACTV LeaderShares Activist Leaders ETF 0.6 75 -46 6.4 -2.3
SFYX SoFi Next 500 ETF 0.6 0 29 4.9 -3.8
ISRA VanEck Israel ETF 0.5 59 -30 8.6 -0.1
ITEQ BlueStar Israel Technology ETF 0.5 75 -46 1.3 -7.4
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.5 39 -10 -2.0 -10.7
CCSO Carbon Collective Climate Solutions US Equity ETF 0.5 35 -6 2.1 -6.6
BYRE Principal Real Estate Active Opportunities ETF 0.5 65 -36 5.0 -3.7
FFTY Innovator IBD 50 ETF 0.5 80 -51 -0.1 -8.8
PAWZ ProShares Pet Care ETF 0.5 50 -21 3.4 -5.3
FDM First Trust Dow Jones Select MicroCap Index Fund 0.5 60 -31 7.2 -1.5
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.5 56 -27 13.3 +4.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 20 5.5 -3.2
SMMD iShares Russell 2500 ETF 0.5 15 14 5.8 -2.9
SCHM Schwab U.S. Mid-Cap ETF 0.5 4 25 6.0 -2.7
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 0.5 15 14 4.3 -4.4
TTAC FCF US Quality ETF 0.5 59 -30 6.3 -2.4
BDFIX Baron Discovery 0.5 75 -46 0.2 -8.5
DFUS Dimensional U.S. Equity ETF 0.4 9 20 5.0 -3.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.4 12 17 4.6 -4.1
GINN Goldman Sachs Innovate Equity ETF 0.4 52 -23 2.8 -5.9
IYF iShares U.S. Financials ETF 0.4 40 -11 5.8 -2.9
IDGT iShares U.S. Digital Infrastructure and Real Estate ETF 0.4 41 -12 11.0 +2.3
SRVR Pacer Data & Infrastructure Real Estate ETF 0.4 55 -26 1.8 -6.9
DTCR Global X Data Center & Digital Infrastructure ETF 0.4 50 -21 4.2 -4.5
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.4 38 -9 6.3 -2.4
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.4 15 14 9.5 +0.8
HKND Humankind US Stock ETF 0.4 11 18 6.9 -1.8
KOMP SPDR S&P Kensho New Economies Composite ETF 0.3 20 9 1.1 -7.6
IWS iShares Russell Mid-Cap Value ETF 0.3 23 6 6.4 -2.3
ROUS Hartford Multifactor US Equity ETF 0.3 19 10 6.7 -2.0
MILN Global X Millennial Consumer ETF 0.3 50 -21 2.8 -5.9
FMET Fidelity Metaverse ETF 0.3 39 -10 5.5 -3.2
VERS ProShares Metaverse ETF 0.3 58 -29 -16.1 -24.8
FLQL Franklin LibertyQ U.S. Equity ETF 0.3 15 14 5.8 -2.9
HDUS Hartford Disciplined US Equity ETF 0.3 19 10 6.0 -2.7
VT Vanguard Total World Stock ETF 0.3 7 22 5.6 -3.1
AGNG Global X Aging Population ETF 0.3 50 -21 3.8 -4.9
BCDF Horizon Kinetics Blockchain Development ETF 0.3 85 -56 4.6 -4.1
FNDX Schwab Fundamental US Large Co. Index ETF 0.3 25 4 6.8 -1.9
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.3 30 -1 7.9 -0.8
ONEO SPDR Russell 1000 Momentum Focus ETF 0.3 20 9 6.9 -1.8
HDV iShares Core High Dividend ETF 0.3 8 21 7.9 -0.8
IYG iShares US Financial Services ETF 0.3 40 -11 5.5 -3.2
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.3 18 11 7.2 -1.5
FELV Fidelity Enhanced Large Cap Value ETF 0.3 18 11 6.5 -2.2
AVLV Avantis U.S. Large Cap Value ETF 0.3 15 14 7.3 -1.4
IWR iShares Russell Midcap ETF 0.3 19 10 5.6 -3.1
FLOW Global X U.S. Cash Flow Kings 100 ETF 0.3 25 4 10.7 +2.0
DIVB iShares Core Dividend ETF 0.3 5 24 7.5 -1.2
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 12 6.9 -1.8
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.2 45 -16 5.8 -2.9
DGRO iShares Core Dividend Growth ETF 0.2 8 21 6.3 -2.4
AIEQ AI Powered Equity ETF 0.2 75 -46 1.8 -6.9
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 25 5.7 -3.0
PFM Invesco Dividend Achievers ETF 0.2 53 -24 5.3 -3.4
IVRA Invesco Real Assets ESG ETF 0.2 59 -30 5.5 -3.2
TMDV ProShares Russell US Dividend Growers ETF 0.2 35 -6 5.8 -2.9
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 9 7.6 -1.1
VIG Vanguard Dividend Appreciation ETF 0.2 6 23 5.5 -3.2
JHMM John Hancock Multifactor Mid Cap ETF 0.2 42 -13 6.2 -2.5
STXV Strive 1000 Value ETF 0.1 18 11 7.5 -1.2
SDY SPDR S&P Dividend ETF 0.1 35 -6 5.8 -2.9
REVS Columbia Research Enhanced Value ETF 0.1 19 10 7.5 -1.2
JAVA JPMorgan Active Value ETF 0.1 44 -15 5.9 -2.8
FMDE Fidelity Enhanced Mid Cap ETF 0.1 23 6 6.3 -2.4
IWD iShares Russell 1000 Value ETF 0.1 19 10 6.2 -2.5
VONV Vanguard Russell 1000 Value ETF 0.1 8 21 6.4 -2.3
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 17 6.3 -2.4
RAFE PIMCO RAFI ESG U.S. ETF 0.1 29 0 7.1 -1.6
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.1 70 -41 3.5 -5.2
FELC Fidelity Enhanced Large Cap Core ETF 0.1 18 11 5.4 -3.3
DSI iShares MSCI KLD 400 Social ETF 0.1 25 4 5.1 -3.6
IUS Invesco RAFI Strategic US ETF 0.1 19 10 6.9 -1.8
JMOM JPMorgan U.S. Momentum Factor ETF 0.1 12 17 4.6 -4.1
IYY iShares Dow Jones U.S. ETF 0.1 20 9 4.8 -3.9
RECS Columbia Research Enhanced Core ETF 0.1 15 14 5.6 -3.1
IWB iShares Russell 1000 ETF 0.1 15 14 4.9 -3.8
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.1 40 -11 4.0 -4.7
VONE Vanguard Russell 1000 ETF 0.1 8 21 5.0 -3.7
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 9 4.9 -3.8
TMFE Motley Fool Capital Efficiency 100 Index ETF 0.0 50 -21 4.3 -4.4
IEDI iShares U.S. Consumer Focused ETF 0.0 18 11 5.1 -3.6
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 25 6.4 -2.3
SCHK Schwab 1000 Index ETF 0.0 5 24 5.1 -3.6
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 -20 5.5 -3.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 18 5.0 -3.7
SCHX Schwab U.S. Large-Cap ETF 0.0 3 26 5.1 -3.6
JQUA JPMorgan U.S. Quality Factor ETF 0.0 12 17 5.8 -2.9
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 15 5.1 -3.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.0 47 -18 5.3 -3.4
TEQI T. Rowe Price Equity Income ETF 0.0 54 -25 3.9 -4.8
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 14 4.7 -4.0

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Invesco S&P SmallCap Financials ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.7 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 8.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.78 CATEGORY
AVERAGE		 1.57
 
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.