Invesco S&P SmallCap Financials ETF
ALTAR
Score™		 8.3% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 13.1x P/Sales
ratio		 2.5x
P/BV
ratio		 1.3x Div.
yield		 3.4%


  • 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 161
Wgt avg mkt cap (mns) $3,334
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 76.6%
Small cap (<$2bn) 23.4%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
BGC GROUP INC 3.3 %
COMERICA INC 2.4 %
JACKSON FINANCIAL INCORPORATION CL 2.0 %
MR. COOPER GROUP, INC. 1.6 %
LINCOLN NATIONAL CORP 1.5 %
ESSENTIAL PROPERTIES REALTY TRUST, 1.5 %
PIPER JAFFRAY COS 1.4 %
RADIAN GROUP INC 1.3 %
MOELIS & CO - CLASS A 1.3 %
SL GREEN REALTY CORP 1.3 %
Total 17.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 91.5 %
PUERTO RICO 2.0 %
BERMUDA 1.6 %
BRITAIN 0.9 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
15.1% 45.0% 3.8% 6.4% 8.3%

Market Correlations
versus... Beta R-squared
S&P500 1.01 50%
MSCI EAFE 0.98 48%
MSCI Emg. Mkts. 0.73 26%

Technical Indicators
Recent close $60.66
30d moving avg. $55.52
Annualized volatility 25.0%
Short interest (ETF) 1.1%
Short interest (Underlying) 4.1%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 5
Turnover 1.4%
Bid/Ask (% of price) 0.22%
ADV underlying (mns) $2,479

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 386 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™: 8.3%


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 35.9 18 11 7.1 -1.2
VIOV Vanguard S&P Small-Cap 600 Value ETF 35.2 15 14 7.1 -1.2
SLYV SPDR S&P 600 Small Cap Value ETF 34.8 15 14 7.1 -1.2
XJR iShares ESG Screened S&P Small-Cap ETF 30.0 12 17 6.7 -1.6
KBE SPDR S&P Bank ETF 29.3 35 -6 8.1 -0.2
ESIX SPDR S&P SmallCap 600 ESG ETF 28.8 12 17 7.1 -1.2
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 28.1 15 14 7.1 -1.1
XSMO Invesco S&P SmallCap Momentum ETF 26.9 39 -10 6.7 -1.6
XSLV Invesco S&P SmallCap Low Volatility ETF 26.5 25 4 5.3 -3.0
IJR iShares Core S&P Small Cap ETF 26.4 6 23 6.3 -1.9
VIOO Vanguard S&P Small-Cap 600 ETF 25.8 10 19 6.3 -2.0
SPSM SPDR Portfolio S&P 600 Small Cap ETF 25.5 3 26 6.4 -1.9
SVAL iShares US Small Cap Value Factor ETF 24.7 20 9 9.4 +1.2
KRE SPDR S&P Regional Banking ETF 22.2 35 -6 8.0 -0.2
XSVM Invesco S&P SmallCap Value with Momentum ETF 22.2 36 -7 10.5 +2.3
XSHQ Invesco S&P SmallCap Quality ETF 21.6 29 0 8.1 -0.1
DES WisdomTree U.S. SmallCap Dividend Fund 19.8 38 -9 6.6 -1.7
RNSC Furst Trust Small Cap US Equity Select ETF 19.2 60 -31 6.6 -1.7
VTWV Vanguard Russell 2000 Value ETF 19.0 15 14 4.7 -3.6
QABA First Trust NASDAQ ABA Community Bank Index Fund 18.7 60 -31 7.1 -1.1
FYT First Trust Small Cap Value AlphaDEX Fund 18.6 73 -44 7.3 -0.9
IWN iShares Russell 2000 Value ETF 18.5 24 5 4.7 -3.6
SSLY Syntax Stratified SmallCap ETF 18.3 40 -11 6.8 -1.5
KBWR Invesco KBW Regional Banking ETF 18.2 35 -6 7.6 -0.7
EES WisdomTree U.S. SmallCap Fund 18.0 38 -9 8.6 +0.4
FYX First Trust Small Cap Core AlphaDEX Fund 18.0 61 -32 4.3 -3.9
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 17.7 39 -10 5.6 -2.6
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 17.7 9 20 3.2 -5.1
SMCP AlphaMark Actively Managed Small Cap ETF 17.0 90 -61 6.7 -1.6
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 16.9 12 17 7.0 -1.2
AVSC Avantis U.S Small Cap Equity ETF 16.7 25 4 4.5 -3.8
IJT iShares S&P Small-Cap 600 Growth ETF 16.5 18 11 5.5 -2.8
RZV Invesco S&P Smallcap 600 Pure Value ETF 16.1 35 -6 7.6 -0.6
VIOG Vanguard S&P Small-Cap 600 Growth ETF 16.0 15 14 5.5 -2.8
TPSC Timothy Plan US Small Cap Core ETF 16.0 52 -23 6.3 -1.9
SLYG SPDR S&P 600 Small Cap Growth ETF 15.9 15 14 5.5 -2.7
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 15.5 29 0 6.3 -2.0
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 15.0 35 -6 5.0 -3.2
CSA VictoryShares US Small Cap Volatility Wtd ETF 14.9 35 -6 6.0 -2.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 14.9 39 -10 7.1 -1.2
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 14.9 42 -13 5.9 -2.4
SMCF Themes US Small Cap Cash Flow Champions ETF 14.2 29 0 10.2 +2.0
BSVO EA Bridgeway Omni Small-Cap Value ETF 13.8 47 -18 7.7 -0.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 13.6 39 -10 4.0 -4.3
FYC First Trust Small Cap Growth AlphaDEX Fund 13.5 71 -42 -0.5 -8.7
ISMD Inspire Small/Mid Cap ETF 13.1 54 -25 4.9 -3.4
AVUV Avantis U.S. Small Cap Value ETF 13.0 25 4 8.5 +0.2
HAPS Harbor Human Capital Factor US Small Cap ETF 12.6 60 -31 2.2 -6.0
PSC Principal U.S. Small-Cap ETF 12.5 38 -9 5.7 -2.6
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 12.4 20 9 4.4 -3.9
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 12.4 35 -6 4.2 -4.1
SMDV ProShares Russell 2000 Dividend Growers ETF 12.3 40 -11 6.2 -2.0
FESM Fidelity Enhanced Small Cap ETF 12.2 28 1 1.6 -6.7
AFSM First Trust Active Factor Small Cap ETF 12.2 75 -46 6.1 -2.2
BLDG Cambria Global Real Estate ETF 12.1 60 -31 14.4 +6.1
RSSL Global X Russell 2000 ETF 11.8 8 21 2.5 -5.8
ROSC Hartford Multifactor Small Cap ETF 11.6 34 -5 8.2 -0.0
VTWO Vanguard Russell 2000 ETF 11.5 10 19 2.7 -5.5
FNDA Schwab Fundamental US Small Co. Index ETF 11.5 25 4 5.7 -2.5
ISCV iShares Morningstar Small Cap Value ETF 11.3 6 23 6.9 -1.3
IWM iShares Russell 2000 ETF 11.1 19 10 2.7 -5.6
PPTY US Diversified Real Estate ETF 11.0 53 -24 5.6 -2.7
DFAT Dimensional U.S. Targeted Value ETF 10.7 28 1 7.5 -0.8
DFSV Dimensional US Small Cap Value ETF 10.5 31 -2 8.1 -0.2
BKSE BNY Mellon US Small Cap Core Equity ETF 10.4 4 25 4.6 -3.7
STXK Strive Small-Cap ETF 10.4 18 11 4.8 -3.5
REAI Intelligent Real Estate ETF 10.2 59 -30 12.4 +4.1
RZG Invesco S&P Smallcap 600 Pure Growth ETF 10.1 35 -6 5.6 -2.7
GRPZ Invesco S&P SmallCap 600 GARP ETF 9.9 35 -6 9.2 +0.9
NIXT Research Affiliates Deletions ETF 9.3 9 20 5.0 -3.3
RIET Hoya Capital High Dividend Yield ETF 9.2 50 -21 11.9 +3.7
SCHA Schwab U.S. Small-Cap ETF 9.0 4 25 4.3 -4.0
CRED Columbia Research Enhanced Real Estate ETF 8.8 33 -4 6.9 -1.4
KBWY Invesco KBW Premium Yield Equity REIT ETF 8.7 35 -6 16.3 +8.1
KCE SPDR S&P Capital Markets ETF 8.7 35 -6 5.7 -2.6
PFI Invesco Dorsey Wright Financial Momentum ETF 8.5 60 -31 5.1 -3.2
SIXS ETC 6 Meridian Small Cap Equity ETF 8.5 89 -60 7.8 -0.4
FLQS Franklin U.S. Small Cap Multifactor Index ETF 8.3 35 -6 6.3 -2.0
RDOG ALPS REIT Dividend Dogs ETF 8.2 35 -6 16.4 +8.2
JMEE JPMorgan Market Expansion Enhanced Equity ETF 7.9 24 5 6.8 -1.5
DFAS Dimensional U.S. Small Cap ETF 7.8 26 3 5.3 -3.0
FTXO First Trust Nasdaq Bank ETF 7.5 60 -31 7.7 -0.6
RWR SPDR Dow Jones REIT ETF 7.4 25 4 6.1 -2.2
USVM VictoryShares US Small Mid Cap Value Momentum ETF 7.4 25 4 6.9 -1.3
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 7.4 11 18 6.2 -2.1
FRI First Trust S&P REIT Index Fund 7.3 50 -21 5.8 -2.4
NUSC Nuveen ESG Small-Cap ETF 7.3 31 -2 4.7 -3.5
VBR Vanguard Small Cap Value ETF 7.3 7 22 7.5 -0.8
SMLF iShares U.S. SmallCap Equity Factor ETF 7.2 15 14 4.5 -3.8
ISCB iShares Morningstar Small-Cap ETF 7.1 4 25 4.6 -3.7
GQRE FlexShares Global Quality Real Estate Index Fund 6.9 45 -16 5.8 -2.4
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 6.9 38 -9 4.6 -3.6
USRT iShares Core U.S. REIT ETF 6.6 8 21 6.2 -2.1
VFQY Vanguard U.S. Quality Factor ETF 6.6 13 16 7.2 -1.1
SQLV Royce Quant Small-Cap Quality Value ETF 6.6 60 -31 6.8 -1.5
SIXL ETC 6 Meridian Low Beta Equity ETF 6.6 80 -51 4.1 -4.2
VFVA Vanguard U.S. Value Factor ETF 6.5 13 16 9.7 +1.4
VAMO Cambria Value & Momentum ETF 6.5 61 -32 7.9 -0.4
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 6.4 60 -31 1.3 -6.9
ETHO Etho Climate Leadership U.S. ETF 6.4 47 -18 3.3 -5.0
SCHH Schwab U.S. REIT ETF 6.3 7 22 6.5 -1.8
CVY Invesco Zacks Multi-Asset Income ETF 6.3 106 -77 9.4 +1.1
FREL Fidelity MSCI Real Estate Index ETF 6.3 8 21 6.0 -2.2
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 6.2 80 -51 5.8 -2.5
VFMF Vanguard U.S. Multifactor ETF 6.2 18 11 8.3 +0.0
DFAR Dimensional US Real Estate ETF 6.1 19 10 6.3 -2.0
VNQ Vanguard Real Estate ETF 6.0 12 17 6.1 -2.2
FSMD Fidelity Small-Mid Multifactor ETF 5.7 15 14 6.6 -1.7
KIE SPDR S&P Insurance ETF 5.6 35 -6 5.8 -2.4
DHS WisdomTree U.S. High Dividend Fund 5.6 38 -9 7.4 -0.8
FSCS First Trust SMID Capital Strength ETF 5.6 60 -31 5.7 -2.5
ESML iShares ESG Aware MSCI USA Small-Cap ETF 5.6 17 12 4.5 -3.8
VRAI Virtus Real Asset Income ETF 5.5 55 -26 7.8 -0.4
FAB First Trust Multi Cap Value AlphaDEX Fund 5.4 67 -38 8.3 -0.0
JSML Janus Henderson Small Cap Growth Alpha ETF 5.3 30 -1 6.3 -2.0
RWO SPDR Dow Jones Global Real Estate ETF 5.3 50 -21 6.0 -2.3
SDIV Global X Superdividend ETF 5.2 58 -29 14.7 +6.4
IRET iREIT - MarketVector Quality REIT Index ETF 5.0 60 -31 6.1 -2.2
KBWD Invesco KBW High Dividend Yield Financial ETF 4.9 384 -355 8.9 +0.6
RNMC First Trust Mid Cap US Equity Select ETF 4.9 60 -31 6.2 -2.1
FNY First Trust Mid Cap Growth AlphaDEX Fund 4.9 70 -41 2.6 -5.6
VB Vanguard Small-Cap ETF 4.8 5 24 4.7 -3.5
BFOR ALPS Barron's 400 ETF 4.8 65 -36 5.5 -2.8
FNX First Trust Mid Cap Core AlphaDEX Fund 4.8 60 -31 6.6 -1.7
REET iShares Global REIT ETF 4.7 14 15 6.2 -2.1
VXF Vanguard Extended Market ETF 4.7 6 23 3.3 -5.0
FNK First Trust Mid Cap Value AlphaDEX Fund 4.6 70 -41 9.6 +1.4
AZTD Aztlan Global Stock Selection DM SMID ETF 4.6 75 -46 6.5 -1.8
FXO First Trust Financials AlphaDEX Fund 4.5 62 -33 7.2 -1.1
DFGR Dimensional Global Real Estate ETF 4.5 22 7 6.1 -2.1
NETL NETLease Corporate Real Estate ETF 4.4 60 -31 8.5 +0.2
VTWG Vanguard Russell 2000 Growth ETF 4.4 15 14 0.6 -7.7
DESK VanEck Office and Commercial REIT ETF 4.4 50 -21 9.6 +1.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 4.4 64 -35 1.8 -6.5
WCEO Hypatia Women CEO ETF 4.4 85 -56 4.0 -4.3
NURE Nuveen Short-Term REIT ETF 4.3 35 -6 5.5 -2.7
IWO iShares Russell 2000 Growth ETF 4.3 24 5 0.6 -7.7
MORT VanEck Mortgage REIT Income ETF 4.3 43 -14 12.3 +4.0
MVPA Miller Value Partners Appreciation ETF 4.2 60 -31 9.9 +1.7
ERET iShares Environmentally Aware Real Estate ETF 4.2 30 -1 6.4 -1.9
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 4.0 60 -31 8.7 +0.4
EZM WisdomTree U.S. MidCap Fund 4.0 38 -9 7.1 -1.2
FPRO Fidelity Real Estate Investment ETF 4.0 59 -30 4.6 -3.7
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 3.9 20 9 3.9 -4.4
OSCV Opus Small Cap Value ETF 3.8 79 -50 5.6 -2.7
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 3.8 30 -1 9.2 +0.9
RFDA RiverFront Dynamic US Dividend Advantage ETF 3.6 52 -23 5.1 -3.1
FNCL Fidelity MSCI Financials Index ETF 3.6 8 21 5.5 -2.8
ROOF IQ CBRE NextGen Real Estate ETF 3.5 60 -31 7.8 -0.5
SCAP InfraCap Small Cap Income ETF 3.5 135 -106 8.1 -0.2
IAK iShares U.S. Insurance ETF 3.4 40 -11 5.8 -2.5
VFH Vanguard Financials ETF 3.4 10 19 5.5 -2.7
AIRR First Trust RBA American Industrial Renaissance ETF 3.4 70 -41 4.8 -3.5
REM iShares Mortgage Real Estate ETF 3.4 48 -19 13.5 +5.3
FOVL iShares Focused Value Factor ETF 3.3 25 4 8.2 -0.1
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 3.3 27 2 6.9 -1.4
RDVY First Trust Rising Dividend Achievers ETF 3.3 50 -21 8.9 +0.7
VUSE Vident U.S. Equity Strategy ETF 3.3 50 -21 4.3 -4.0
AFMC First Trust Active Factor Mid Cap ETF 3.2 65 -36 6.6 -1.6
REZ iShares Residential and Multisector Real Estate ETF 3.2 48 -19 5.3 -3.0
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 3.1 48 -19 5.0 -3.3
ERNZ TrueShares Active Yield ETF 3.1 75 -46 10.7 +2.5
ISCG iShares Morningstar Small-Cap Growth ETF 3.1 6 23 2.2 -6.1
WDIV SPDR S&P Global Dividend ETF 2.9 40 -11 9.2 +0.9
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 2.9 95 -66 0.8 -7.5
JHSC John Hancock Multifactor Small Cap ETF 2.9 42 -13 6.3 -1.9
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 2.8 25 4 5.1 -3.2
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 2.8 30 -1 5.2 -3.1
IWC iShares Micro-Cap ETF 2.7 60 -31 -4.5 -12.8
HAUS Residential REIT ETF 2.6 60 -31 4.8 -3.5
SYLD Cambria Shareholder Yield ETF 2.6 59 -30 10.4 +2.2
AUSF Global X Adaptive U.S. Factor ETF 2.6 27 2 8.8 +0.6
VFMO Vanguard U.S. Momentum Factor ETF 2.5 13 16 2.1 -6.2
CVAR Cultivar ETF 2.5 87 -58 6.4 -1.8
WBIY WBI Power Factor High Dividend ETF 2.5 100 -71 10.9 +2.6
HOMZ Hoya Capital Housing ETF 2.5 30 -1 6.8 -1.5
AVRE Avantis Real Estate ETF 2.5 17 12 5.8 -2.5
RSMC Rockefeller U.S. Small-Mid Cap ETF 2.4 75 -46 5.1 -3.2
QDF FlexShares Quality Dividend Index Fund 2.3 37 -8 4.0 -4.2
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF 2.2 40 -11 4.2 -4.1
JPRE JPMorgan Realty Income ETF 2.1 50 -21 5.3 -2.9
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 2.1 55 -26 4.3 -4.0
CRUZ Defiance Hotel Airline and Cruise ETF 2.1 45 -16 -4.4 -12.7
VGSR Vert Global Sustainable Real Estate ETF 2.1 47 -18 5.5 -2.8
DON WisdomTree U.S. MidCap Dividend Fund 2.1 38 -9 7.6 -0.7
IQRA IQ CBRE Real Assets ETF 2.0 65 -36 5.1 -3.2
FPX First Trust US Equity Opportunities ETF 2.0 61 -32 1.4 -6.8
DDIV First Trust Dorsey Wright Momentum & Dividend ETF 2.0 60 -31 6.0 -2.2
DVLU First Trust Dorsey Wright Momentum & Value ETF 2.0 60 -31 8.5 +0.3
OPTZ Optimize Strategy Index ETF 2.0 50 -21 2.7 -5.5
RITA ETFB Green SRI REITs ETF 1.9 50 -21 4.9 -3.3
FSMO Fidelity Small-Mid Cap Opportunities ETF 1.9 60 -31 5.9 -2.4
VLU SPDR S&P 1500 Value Tilt ETF 1.9 12 17 6.5 -1.7
SCHD Schwab US Dividend Equity ETF 1.9 6 23 9.1 +0.8
BPAY BlackRock Future Financial and Technology ETF 1.9 70 -41 8.0 -0.3
JSTC Adasina Social Justice All Cap Global ETF 1.9 89 -60 4.7 -3.5
SRET Global X SuperDividend REIT ETF 1.8 59 -30 9.9 +1.6
DEEP Roundhill Acquirers Deep Value ETF 1.8 80 -51 19.8 +11.6
DSMC Distillate Small/Mid Cash Flow ETF 1.8 55 -26 11.7 +3.4
STCE Schwab Crypto Thematic ETF 1.7 30 -1 -1.5 -9.8
VBK Vanguard Small-Cap Growth ETF 1.7 7 22 1.0 -7.2
ABCS Alpha Blue Capital US Small-Mid Cap Dynamic ETF 1.7 27 2 0.0 -8.3
DIV Global X SuperDividend US ETF 1.6 45 -16 7.7 -0.5
DFAC Dimensional U.S. Core Equity 2 ETF 1.6 17 12 5.2 -3.1
IAT iShares U.S. Regional Banks ETF 1.6 40 -11 8.2 -0.0
KBWP Invesco KBW Property & Casualty Insurance ETF 1.6 35 -6 5.6 -2.7
ZIG Acquirers Fund 1.6 84 -55 12.9 +4.7
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.5 7 22 5.2 -3.1
PSR Invesco Active U.S. Real Estate Fund 1.5 35 -6 5.8 -2.5
BEDZ AdvisorShares Hotel ETF 1.5 100 -71 1.6 -6.6
FINX Global X FinTech ETF 1.5 68 -39 2.6 -5.6
DFSU Dimensional US Sustainability Core 1 ETF 1.4 18 11 5.3 -3.0
AVSU Avantis Responsible U.S. Equity ETF 1.4 15 14 5.9 -2.4
AVUS Avantis U.S. Equity ETF 1.4 15 14 5.5 -2.8
KBWB Invesco KBW Bank ETF 1.4 35 -6 7.2 -1.0
ERTH Invesco MSCI Sustainable Future ETF 1.3 62 -33 3.4 -4.9
CBSE Clough Select Equity ETF 1.3 85 -56 -1.8 -10.1
FTDS First Trust Dividend Strength ETF 1.3 70 -41 8.0 -0.3
UDI USCF Dividend Income Fund 1.3 65 -36 7.0 -1.2
TBG TBG Dividend Focus ETF 1.3 59 -30 6.7 -1.6
FDFF Fidelity Disruptive Finance ETF 1.3 50 -21 4.2 -4.1
SURE AdvisorShares Insiders Advantage ETF 1.3 90 -61 9.0 +0.7
CGV Conductor Global Equity Value ETF 1.2 130 -101 10.6 +2.4
DFUV Dimensional US Marketwide Value ETF 1.2 22 7 7.0 -1.3
DTD WisdomTree U.S. Total Dividend Fund 1.2 28 1 5.9 -2.4
TXS Texas Capital Texas Equity Index ETF 1.2 49 -20 4.7 -3.6
PKW Invesco Buyback Achievers ETF 1.2 62 -33 6.2 -2.1
DCOR Dimensional US Core Equity 1 ETF 1.2 14 15 5.2 -3.1
AMID Argent Mid Cap ETF Argent Mid Cap ETF 1.2 52 -23 6.7 -1.6
GVLU Gotham 1000 Value ETF 1.2 50 -21 7.5 -0.8
FNDB Schwab Fundamental US Broad Market Index ETF 1.1 25 4 6.6 -1.7
DEW WisdomTree Global High Dividend Fund 1.1 58 -29 8.4 +0.1
HLGE Hartford Longevity Economy ETF 1.1 44 -15 5.7 -2.5
FCPI Fidelity Stocks for Inflation ETF 1.1 15 14 8.0 -0.3
JRE Janus Henderson U.S. Real Estate ETF 1.1 65 -36 5.4 -2.8
DTRE First Trust Alerian Disruptive Technology Real Estate ETF 1.1 60 -31 6.3 -2.0
PSP Invesco Global Listed Private Equity ETF 1.1 106 -77 7.4 -0.9
QMOM Alpha Architect U.S. Quantitative Momentum ETF 1.1 39 -10 4.0 -4.3
LBO WHITEWOLF Publicly Listed Private Equity ETF 1.1 70 -41 7.9 -0.4
QDEF FlexShares Quality Dividend Defensive Index Fund 1.1 37 -8 3.8 -4.5
DVY iShares Select Dividend ETF 1.0 38 -9 7.9 -0.4
FLDZ RiverNorth Patriot ETF 1.0 75 -46 5.1 -3.2
FLRG Fidelity U.S. Multifactor ETF 1.0 15 14 7.3 -1.0
TMFM Motley Fool Mid-Cap Growth ETF 0.9 85 -56 3.1 -5.1
TMFS Motley Fool Small-Cap Growth ETF 0.9 85 -56 2.7 -5.6
FDL First Trust Morningstar Dividend Leaders Index Fund 0.9 45 -16 8.7 +0.5
PRF Invesco FTSE RAFI US 1000 ETF 0.9 39 -10 6.6 -1.6
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.9 5 24 7.1 -1.1
TMFX Motley Fool Next Index ETF 0.9 50 -21 2.7 -5.6
SSPX Janus Henderson U.S. Sustainable Equity ETF 0.9 55 -26 4.1 -4.2
VYM Vanguard High Dividend Yield Index ETF 0.9 6 23 6.7 -1.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.9 29 0 6.2 -2.1
ACES ALPS Clean Energy ETF 0.9 55 -26 -4.2 -12.4
PBD Invesco Global Clean Energy ETF 0.9 75 -46 -4.2 -12.4
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 0.9 58 -29 -2.9 -11.1
TAN Invesco Solar ETF 0.9 67 -38 8.5 +0.3
BLLD JPMorgan Sustainable Infrastructure ETF 0.9 49 -20 5.6 -2.7
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 0.9 75 -46 7.6 -0.6
SMOT VanEck Morningstar SMID Moat ETF 0.8 49 -20 5.6 -2.7
JVAL JPMorgan U.S. Value Factor ETF 0.8 12 17 7.5 -0.7
BFGFX Baron Focused Growth Retail 0.8 75 -46 2.8 -5.4
PEY Invesco High Yield Equity Dividend Achievers ETF 0.8 52 -23 9.8 +1.6
ONEY SPDR Russell 1000 Yield Focus ETF 0.8 20 9 9.1 +0.8
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.8 68 -39 2.1 -6.1
BLOK Amplify Transformational Data Sharing ETF 0.8 75 -46 0.6 -7.7
VFMV Vanguard U.S. Minimum Volatility ETF 0.8 13 16 4.9 -3.4
CNBS Amplify Seymour Cannabis ETF 0.8 75 -46 -27.2 -35.4
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 0.8 69 -40 8.0 -0.3
MJ ETFMG Alternative Harvest 0.8 75 -46 -41.6 -49.9
MJUS ETFMG U.S. Alternative Harvest ETF 0.8 76 -47 2.8 -5.5
SPRE SP Funds S&P Global REIT Sharia ETF 0.8 55 -26 4.5 -3.7
TOKE Cambria Cannabis ETF 0.8 42 -13 1.5 -6.8
IPAY ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund 0.7 75 -46 4.6 -3.7
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 0.7 60 -31 5.4 -2.9
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.7 79 -50 4.3 -3.9
ISRA VanEck Israel ETF 0.7 59 -30 7.8 -0.5
ITEQ BlueStar Israel Technology ETF 0.7 75 -46 0.9 -7.3
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.7 39 -10 -1.7 -9.9
INDS Pacer Industrial Real Estate ETF 0.7 55 -26 5.5 -2.8
DFAU Dimensional US Core Equity Market ETF 0.6 12 17 4.9 -3.4
VTHR Vanguard Russell 3000 ETF 0.6 10 19 4.7 -3.6
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.6 24 5 7.2 -1.1
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.6 3 26 5.0 -3.2
SCHB Schwab U.S. Broad Market ETF 0.6 3 26 4.8 -3.5
VTI Vanguard Total Stock Market ETF 0.6 3 26 4.7 -3.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.6 12 17 4.5 -3.8
PY Principal Value ETF 0.6 15 14 6.9 -1.4
IWV iShares Russell 3000 ETF 0.6 20 9 4.6 -3.7
ESGV Vanguard ESG U.S. Stock ETF 0.6 9 20 4.7 -3.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.6 3 26 4.7 -3.5
ARB AltShares Merger Arbitrage ETF 0.6 77 -48 4.2 -4.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.6 20 9 6.1 -2.1
SFYX SoFi Next 500 ETF 0.6 0 29 4.6 -3.7
ACTV LeaderShares Activist Leaders ETF 0.6 75 -46 6.2 -2.1
EMFQ Amplify Emerging Markets FinTech ETF 0.6 69 -40 5.3 -3.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.6 21 8 3.7 -4.5
SMOG VanEck Low Carbon Energy ETF 0.6 61 -32 2.2 -6.1
BOUT Innovator IBD Breakout Opportunities ETF 0.5 81 -52 2.5 -5.7
BDFIX Baron Discovery 0.5 75 -46 0.1 -8.2
GINX SGI Enhanced Global Income ETF 0.5 98 -69 6.4 -1.9
FDM First Trust Dow Jones Select MicroCap Index Fund 0.5 60 -31 6.5 -1.7
SCHM Schwab U.S. Mid-Cap ETF 0.5 4 25 5.8 -2.5
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.5 85 -56 2.4 -5.8
TTAC FCF US Quality ETF 0.5 59 -30 5.8 -2.5
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.5 56 -27 13.3 +5.0
BYRE Principal Real Estate Active Opportunities ETF 0.5 65 -36 5.3 -3.0
DFUS Dimensional U.S. Equity ETF 0.5 9 20 4.8 -3.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.5 9 20 5.3 -3.0
STXM Strive Mid-Cap ETF 0.5 18 11 5.9 -2.4
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 0.5 15 14 4.0 -4.2
PAWZ ProShares Pet Care ETF 0.5 50 -21 3.8 -4.5
SMMD iShares Russell 2500 ETF 0.4 15 14 5.3 -2.9
GINN Goldman Sachs Innovate Equity ETF 0.4 52 -23 2.7 -5.6
IYF iShares U.S. Financials ETF 0.4 40 -11 5.3 -3.0
CCSO Carbon Collective Climate Solutions US Equity ETF 0.4 35 -6 1.8 -6.4
KOMP SPDR S&P Kensho New Economies Composite ETF 0.4 20 9 1.0 -7.3
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.4 70 -41 3.5 -4.8
IDGT iShares U.S. Digital Infrastructure and Real Estate ETF 0.4 41 -12 7.4 -0.9
SRVR Pacer Data & Infrastructure Real Estate ETF 0.4 55 -26 1.9 -6.4
DTCR Global X Data Center & Digital Infrastructure ETF 0.4 50 -21 4.2 -4.0
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.4 38 -9 5.5 -2.7
AIEQ AI Powered Equity ETF 0.4 75 -46 4.3 -3.9
BCDF Horizon Kinetics Blockchain Development ETF 0.4 85 -56 3.3 -4.9
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.4 15 14 9.0 +0.7
HDV iShares Core High Dividend ETF 0.4 8 21 7.1 -1.2
IWS iShares Russell Mid-Cap Value ETF 0.4 23 6 6.1 -2.2
HKND Humankind US Stock ETF 0.4 11 18 6.9 -1.4
AGNG Global X Aging Population ETF 0.3 50 -21 4.1 -4.2
DIVB iShares Core Dividend ETF 0.3 5 24 7.3 -0.9
ROUS Hartford Multifactor US Equity ETF 0.3 19 10 6.4 -1.9
VT Vanguard Total World Stock ETF 0.3 7 22 5.4 -2.8
ONEO SPDR Russell 1000 Momentum Focus ETF 0.3 20 9 6.6 -1.7
FLQL Franklin LibertyQ U.S. Equity ETF 0.3 15 14 5.8 -2.5
HDUS Hartford Disciplined US Equity ETF 0.3 19 10 5.9 -2.4
FNDX Schwab Fundamental US Large Co. Index ETF 0.3 25 4 6.6 -1.6
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.3 30 -1 7.8 -0.5
FMET Fidelity Metaverse ETF 0.3 39 -10 5.1 -3.2
VERS ProShares Metaverse ETF 0.3 58 -29 -14.7 -23.0
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.3 18 11 7.1 -1.2
IYG iShares US Financial Services ETF 0.3 40 -11 4.9 -3.4
MILN Global X Millennial Consumer ETF 0.3 50 -21 2.5 -5.7
TRFM AAM Transformers ETF 0.3 49 -20 1.7 -6.6
FLOW Global X U.S. Cash Flow Kings 100 ETF 0.3 25 4 9.3 +1.1
FELV Fidelity Enhanced Large Cap Value ETF 0.3 18 11 6.3 -2.0
AVLV Avantis U.S. Large Cap Value ETF 0.3 15 14 7.0 -1.3
DGRO iShares Core Dividend Growth ETF 0.3 8 21 6.2 -2.1
IWR iShares Russell Midcap ETF 0.3 19 10 5.3 -3.0
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 12 6.7 -1.5
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.2 45 -16 5.5 -2.8
PFM Invesco Dividend Achievers ETF 0.2 53 -24 5.2 -3.1
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 25 5.5 -2.8
SDY SPDR S&P Dividend ETF 0.2 35 -6 5.9 -2.4
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 9 7.4 -0.9
VIG Vanguard Dividend Appreciation ETF 0.2 6 23 5.5 -2.8
JHMM John Hancock Multifactor Mid Cap ETF 0.2 42 -13 5.9 -2.4
STXV Strive 1000 Value ETF 0.2 18 11 7.4 -0.9
TMDV ProShares Russell US Dividend Growers ETF 0.1 35 -6 5.8 -2.5
REVS Columbia Research Enhanced Value ETF 0.1 19 10 7.2 -1.1
JAVA JPMorgan Active Value ETF 0.1 44 -15 5.6 -2.7
FMDE Fidelity Enhanced Mid Cap ETF 0.1 23 6 5.8 -2.5
VONV Vanguard Russell 1000 Value ETF 0.1 8 21 6.1 -2.2
IWD iShares Russell 1000 Value ETF 0.1 19 10 6.0 -2.3
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 17 6.1 -2.2
RAFE PIMCO RAFI ESG U.S. ETF 0.1 29 0 7.0 -1.3
DSI iShares MSCI KLD 400 Social ETF 0.1 25 4 5.0 -3.3
FELC Fidelity Enhanced Large Cap Core ETF 0.1 18 11 5.2 -3.0
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 14 4.8 -3.4
IUS Invesco RAFI Strategic US ETF 0.1 19 10 6.7 -1.6
SCHK Schwab 1000 Index ETF 0.1 5 24 4.9 -3.4
JMOM JPMorgan U.S. Momentum Factor ETF 0.1 12 17 4.4 -3.9
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.1 40 -11 3.8 -4.5
RECS Columbia Research Enhanced Core ETF 0.1 15 14 5.4 -2.9
IWB iShares Russell 1000 ETF 0.1 15 14 4.8 -3.5
VONE Vanguard Russell 1000 ETF 0.1 8 21 4.8 -3.4
TMFE Motley Fool Capital Efficiency 100 Index ETF 0.1 50 -21 4.1 -4.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 9 4.8 -3.5
IYY iShares Dow Jones U.S. ETF 0.0 20 9 4.7 -3.6
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 25 6.3 -2.0
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 -20 5.5 -2.8
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 18 4.8 -3.4
SCHX Schwab U.S. Large-Cap ETF 0.0 3 26 4.9 -3.4
JQUA JPMorgan U.S. Quality Factor ETF 0.0 12 17 5.6 -2.6
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 15 4.9 -3.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.0 47 -18 5.3 -2.9
TEQI T. Rowe Price Equity Income ETF 0.0 54 -25 3.8 -4.5
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 14 4.6 -3.7

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 10.8 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 8.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.75 CATEGORY
AVERAGE		 1.58
 
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.