Invesco S&P SmallCap Materials ETF
ALTAR
Score™		 9.4% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 20.4x P/Sales
ratio		 1.2x
P/BV
ratio		 2.0x Div.
yield		 1.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Invesco S&P Small Cap Materials is based on the S&P SmallCap 600 Capped Materials 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) $16
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 27
Wgt avg mkt cap (mns) $3,864
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 83.1%
Small cap (<$2bn) 16.9%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
HECLA MINING CO 10.7 %
SEALED AIR CORP 7.3 %
CELANESE CORP-SERIES A 6.7 %
BALCHEM CORP 6.4 %
PLATFORM SPECIALTY PRODUCTS 5.9 %
WARRIOR MET COAL, INC. 4.8 %
HAWKINS INC 4.7 %
H.B. FULLER CO. 4.2 %
MATERION CORP 3.9 %
SENSIENT TECHNOLOGIES CORP 3.9 %
Total 58.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.5 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
18.1% 50.4% 10.6% 13.1% 9.9%

Market Correlations
versus... Beta R-squared
S&P500 1.10 53%
MSCI EAFE 1.14 49%
MSCI Emg. Mkts. 0.91 41%

Technical Indicators
Recent close $102.30
30d moving avg. $96.14
Annualized volatility 24.8%
Short interest (ETF) 1.8%
Short interest (Underlying) 5.8%
Relative strength (RSI) 61

Liquidity measures
Avg. volume (thou.) 3
Turnover 1.9%
Bid/Ask (% of price) 0.43%
ADV underlying (mns) $542

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 307 potential alternatives to the Invesco S&P SmallCap Materials ETF ETF based on the alternatives' overlap in portfolio holdings with PSCM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: PSCM Expense: 29 bp ALTAR Score™: 9.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH PSCM
Ticker Fund
Name		 Overlap1
vs PSCM
(%)		 Expense
ratio
(bp)		 Savings
vs PSCM
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs PSCM
(%)
XME State Street SPDR S&P Metals & Mining ETF 18.7 35 -6 5.0 -4.4
SLVP iShares MSCI Global Silver Miners ETF 10.7 39 -10 3.5 -6.0
SILJ ETFMG Prime Junior Silver Miners ETF 8.8 69 -40 0.3 -9.2
CDIG City Different Investments Global Equity ETF 7.6 75 -46 -1.5 -11.0
VIOV Vanguard S&P Small-Cap 600 Value ETF 6.3 10 19 9.2 -0.2
TINT ProShares Smart Materials ETF 5.9 58 -29 5.6 -3.9
SMDV ProShares Russell 2000 Dividend Growers ETF 5.9 40 -11 7.0 -2.5
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 5.7 30 -1 13.6 +4.2
SLYV State Street SPDR S&P 600 Small Cap Value ETF 5.7 15 14 9.2 -0.2
IJS iShares S&P Small-Cap 600 Value ETF 5.6 18 11 9.2 -0.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 5.5 39 -10 7.7 -1.7
GOEX Global X Gold Explorers ETF 5.5 65 -36 1.7 -7.7
FMAT Fidelity MSCI Materials Index ETF 5.5 8 21 4.9 -4.6
VAW Vanguard Materials ETF 5.4 9 20 4.9 -4.6
RZV Invesco S&P Smallcap 600 Pure Value ETF 5.3 35 -6 7.5 -2.0
JPSV JPMorgan Active Small Cap Value ETF 5.1 74 -45 7.7 -1.7
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 5.0 38 -9 9.1 -0.3
SIL Global X Silver Miners ETF 5.0 65 -36 1.4 -8.0
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 4.8 29 0 6.5 -2.9
ESIX State Street SPDR S&P SmallCap 600 ESG ETF 4.7 12 17 6.8 -2.6
VIOO Vanguard S&P Small-Cap 600 ETF 4.6 7 22 6.4 -3.0
TCV Towle Value ETF 4.5 85 -56 10.2 +0.7
CUT Invesco MSCI Global Timber ETF 4.4 61 -32 8.1 -1.3
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 4.1 15 14 6.4 -3.0
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 4.1 3 26 6.6 -2.9
IJR iShares Core S&P Small Cap ETF 4.1 6 23 6.5 -2.9
ALIL Argent Focused Small Cap ETF 4.0 74 -45 5.8 -3.7
CSA VictoryShares US Small Cap Volatility Wtd ETF 4.0 35 -6 6.5 -3.0
XJR iShares ESG Screened S&P Small-Cap ETF 3.9 12 17 6.4 -3.1
KROP Global X AgTech & Food Innovation ETF 3.8 50 -21 6.6 -2.8
DGLO First Trust RBA Deglobalization ETF 3.7 70 -41 5.5 -4.0
SGRT SMART Earnings Growth 30 ETF 3.4 59 -30 2.5 -6.9
GPT Intelligent Alpha Atlas ETF 3.3 69 -40 6.1 -3.4
AVSC Avantis U.S Small Cap Equity ETF 3.2 25 4 4.8 -4.7
OSCV Opus Small Cap Value ETF 3.2 79 -50 5.8 -3.6
TMDV ProShares Russell US Dividend Growers ETF 3.2 35 -6 6.3 -3.1
RZG Invesco S&P Smallcap 600 Pure Growth ETF 3.2 35 -6 3.1 -6.3
SIMS State Street SPDR S&P Kensho Intelligent Structures ETF 3.2 45 -16 4.3 -5.1
GRPZ Invesco S&P SmallCap 600 GARP ETF 3.0 35 -6 6.3 -3.1
SCDV Bahl & Gaynor Small Cap Dividend ETF 3.0 70 -41 4.0 -5.4
VIOG Vanguard S&P Small-Cap 600 Growth ETF 3.0 10 19 3.8 -5.7
FESM Fidelity Enhanced Small Cap ETF 3.0 28 1 2.4 -7.0
TPSC Timothy Plan US Small Cap Core ETF 3.0 52 -23 6.6 -2.8
DES WisdomTree U.S. SmallCap Dividend Fund 2.9 38 -9 8.2 -1.2
ISMD Inspire Small/Mid Cap ETF 2.9 54 -25 5.4 -4.1
AGMI Themes Silver Miners ETF 2.8 35 -6 3.5 -5.9
FYT First Trust Small Cap Value AlphaDEX Fund 2.8 73 -44 10.0 +0.6
XSMO Invesco S&P SmallCap Momentum ETF 2.8 39 -10 3.7 -5.7
NUSC Nuveen ESG Small-Cap ETF 2.8 31 -2 5.0 -4.4
AVUV Avantis U.S. Small Cap Value ETF 2.7 25 4 8.2 -1.3
EES WisdomTree U.S. SmallCap Fund 2.6 38 -9 8.1 -1.4
XSVM Invesco S&P SmallCap Value with Momentum ETF 2.6 36 -7 8.6 -0.8
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 2.6 59 -30 4.6 -4.8
FYX First Trust Small Cap Core AlphaDEX Fund 2.6 61 -32 5.5 -3.9
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 2.5 15 14 3.8 -5.6
IJT iShares S&P Small-Cap 600 Growth ETF 2.5 18 11 3.8 -5.7
SAMT Strategas Macro Thematic Opportunities ETF 2.4 65 -36 2.4 -7.1
WCEO Hypatia Women CEO ETF 2.4 85 -56 4.8 -4.6
VTWV Vanguard Russell 2000 Value ETF 2.4 10 19 5.1 -4.3
IWN iShares Russell 2000 Value ETF 2.3 24 5 4.9 -4.5
WOOD iShares Global Timber & Forestry ETF 2.3 42 -13 10.8 +1.4
JMEE JPMorgan Market Expansion Enhanced Equity ETF 2.3 24 5 6.1 -3.3
SURE AdvisorShares Insiders Advantage ETF 2.3 90 -61 8.1 -1.3
FNDA Schwab Fundamental US Small Co. Index ETF 2.3 25 4 6.2 -3.2
SIXS ETC 6 Meridian Small Cap Equity ETF 2.3 89 -60 8.0 -1.5
BSVO EA Bridgeway Omni Small-Cap Value ETF 2.2 47 -18 7.9 -1.5
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 2.2 35 -6 8.8 -0.6
BKSE BNY Mellon US Small Cap Core Equity ETF 2.2 4 25 5.3 -4.1
GDXJ VanEck Junior Gold Miners ETF 2.2 52 -23 2.3 -7.1
JHSC John Hancock Multifactor Small Cap ETF 2.1 42 -13 6.1 -3.4
RSSL Global X Russell 2000 ETF 2.1 8 21 2.8 -6.6
PRNT 3D Printing ETF 2.1 66 -37 1.3 -8.1
IWM iShares Russell 2000 ETF 2.1 19 10 2.7 -6.7
CSMD Congress SMid Growth ETF 2.1 69 -40 3.6 -5.9
BRF VanEck Brazil Small-Cap ETF 2.1 66 -37 9.4 -0.1
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 2.1 12 17 3.5 -5.9
DSMC Distillate Small/Mid Cash Flow ETF 2.0 55 -26 11.1 +1.7
FDLS Inspire Fidelis Multi Factor ETF 2.0 76 -47 3.3 -6.2
DEEP Roundhill Acquirers Deep Value ETF 2.0 80 -51 16.0 +6.6
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 2.0 80 -51 6.7 -2.7
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.0 39 -10 1.1 -8.3
SVAL iShares US Small Cap Value Factor ETF 2.0 20 9 7.6 -1.9
MID American Century Mid Cap Growth Impact ETF 1.9 45 -16 3.0 -6.5
BOUT Innovator IBD Breakout Opportunities ETF 1.9 81 -52 3.0 -6.4
STXK Strive Small-Cap ETF 1.9 18 11 5.3 -4.2
SCOW Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF 1.9 59 -30 8.6 -0.8
NIXT Research Affiliates Deletions ETF 1.9 9 20 6.6 -2.8
XSHQ Invesco S&P SmallCap Quality ETF 1.9 29 0 6.9 -2.5
AFSM First Trust Active Factor Small Cap ETF 1.9 75 -46 6.0 -3.4
VTWO Vanguard Russell 2000 ETF 1.8 7 22 2.9 -6.6
FYC First Trust Small Cap Growth AlphaDEX Fund 1.8 71 -42 -0.6 -10.0
DFSV Dimensional US Small Cap Value ETF 1.8 31 -2 9.0 -0.4
IWO iShares Russell 2000 Growth ETF 1.8 24 5 0.5 -8.9
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.8 9 20 3.9 -5.6
SCHA Schwab U.S. Small-Cap ETF 1.8 4 25 4.5 -4.9
SQLV Royce Quant Small-Cap Quality Value ETF 1.7 60 -31 8.2 -1.3
MGMT Ballast Small/Mid Cap ETF 1.7 110 -81 7.6 -1.9
DFAS Dimensional U.S. Small Cap ETF 1.7 26 3 5.7 -3.7
PSC Principal U.S. Small-Cap ETF 1.7 38 -9 3.8 -5.6
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.6 39 -10 2.4 -7.1
IYM iShares U.S. Basic Materials ETF 1.6 40 -11 4.4 -5.0
ECML Euclidean Fundamental Value ETF 1.6 95 -66 9.1 -0.4
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.6 17 12 5.1 -4.4
FXZ First Trust Materials AlphaDEX Fund 1.6 61 -32 6.8 -2.6
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 1.5 35 -6 6.4 -3.0
VTWG Vanguard Russell 2000 Growth ETF 1.5 10 19 0.7 -8.8
XSLV Invesco S&P SmallCap Low Volatility ETF 1.5 25 4 7.5 -1.9
SAGP Strategas Global Policy Opportunities ETF 1.4 65 -36 4.7 -4.8
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.4 35 -6 6.1 -3.3
DFAT Dimensional U.S. Targeted Value ETF 1.4 28 1 8.8 -0.6
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.4 39 -10 3.6 -5.8
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.4 60 -31 -0.9 -10.3
HAPS Harbor Human Capital Factor US Small Cap ETF 1.4 60 -31 3.5 -5.9
GLRY Inspire Faithward Mid Cap Momentum ETF 1.4 80 -51 3.7 -5.7
VBR Vanguard Small Cap Value ETF 1.3 7 22 8.0 -1.5
FIW First Trust Water ETF 1.3 53 -24 4.9 -4.5
ROSC Hartford Multifactor Small Cap ETF 1.3 34 -5 7.4 -2.1
ISCV iShares Morningstar Small Cap Value ETF 1.3 6 23 7.9 -1.5
NANR SPDR S&P North American Natural Resources ETF 1.3 35 -6 6.1 -3.4
FFOX FundX Future Fund Opportunities ETF 1.3 100 -71 2.4 -7.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.3 20 9 4.2 -5.3
ASCE Allspring SMID Core ETF 1.3 38 -9 3.0 -6.4
ETHO Etho Climate Leadership U.S. ETF 1.3 47 -18 4.4 -5.0
PAVE Global X U.S. Infrastructure Development ETF 1.3 47 -18 4.3 -5.1
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.2 70 -41 2.1 -7.3
PHO Invesco Water Resources ETF 1.2 60 -31 4.8 -4.6
AUAU Global X Gold Miners ETF 1.2 35 -6 2.1 -7.3
GDX VanEck Gold Miners ETF 1.2 51 -22 2.4 -7.0
ISCB iShares Morningstar Small-Cap ETF 1.2 4 25 5.5 -4.0
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.2 64 -35 1.3 -8.1
AKAF The Frontier Economic Fund 1.2 20 9 5.1 -4.3
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.2 60 -31 6.9 -2.5
PICK iShares MSCI Global Metals & Mining Producers ETF 1.1 39 -10 7.8 -1.7
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.1 60 -31 5.8 -3.6
PXI Invesco Dorsey Wright Energy Momentum ETF 1.1 60 -31 5.3 -4.1
VFVA Vanguard U.S. Value Factor ETF 1.1 13 16 9.6 +0.2
SFLO VictoryShares Small Cap Free Cash Flow ETF 1.1 49 -20 8.3 -1.1
ISCG iShares Morningstar Small-Cap Growth ETF 1.1 6 23 2.8 -6.7
AMID Argent Mid Cap ETF Argent Mid Cap ETF 1.1 52 -23 5.0 -4.4
VXF Vanguard Extended Market ETF 1.1 5 24 3.9 -5.6
AVIE Avantis  Inflation Focused Equity ETF 1.1 25 4 6.2 -3.3
SYLD Cambria Shareholder Yield ETF 1.0 59 -30 10.4 +1.0
SMOX Horizon Small/Mid Cap Core Equity ETF 1.0 75 -46 5.4 -4.0
VB Vanguard Small-Cap ETF 1.0 5 24 5.3 -4.1
POWR iShares U.S. Power Infrastructure ETF 0.9 40 -11 4.0 -5.5
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.9 40 -11 4.0 -5.5
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.9 43 -14 5.0 -4.5
FTC First Trust Large Cap Growth AlphaDEX Fund 0.9 59 -30 1.9 -7.6
SMLF iShares U.S. SmallCap Equity Factor ETF 0.9 15 14 5.1 -4.4
FSMD Fidelity Small-Mid Multifactor ETF 0.9 15 14 6.7 -2.8
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.8 38 -9 5.2 -4.2
ANEW ProShares MSCI Transformational Changes ETF 0.8 45 -16 4.5 -4.9
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.8 30 -1 3.8 -5.6
FDM First Trust Dow Jones Select MicroCap Index Fund 0.8 60 -31 6.9 -2.5
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.8 7 22 5.4 -4.0
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 0.8 55 -26 3.2 -6.2
SMOT VanEck Morningstar SMID Moat ETF 0.8 49 -20 6.5 -2.9
WSML iShares MSCI World Small-Cap ETF 0.8 15 14 5.4 -4.0
IJK iShares S&P Mid-Cap 400 Growth ETF 0.8 17 12 4.1 -5.3
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.8 15 14 4.2 -5.3
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.8 25 4 8.0 -1.5
SIXL ETC 6 Meridian Low Beta Equity ETF 0.8 80 -51 5.8 -3.6
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.7 20 9 0.8 -8.6
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.7 10 19 4.2 -5.2
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 0.7 55 -26 9.2 -0.3
CCNR ALPS CoreCommodity Natural Resources ETF 0.7 39 -10 7.9 -1.6
EFRA iShares Environmental Infrastructure and Industrials ETF 0.7 47 -18 4.8 -4.6
DXUV Dimensional US Vector Equity ETF 0.7 28 1 5.4 -4.1
SMCF Themes US Small Cap Cash Flow Champions ETF 0.7 29 0 10.1 +0.6
FTRI First Trust Indxx Global Natural Resources Income ETF 0.7 70 -41 6.1 -3.4
EQAL Invesco Russell 1000 Equal Weight ETF 0.7 20 9 6.1 -3.4
VBK Vanguard Small-Cap Growth ETF 0.6 7 22 1.3 -8.2
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.6 95 -66 -0.5 -10.0
CGW Invesco S&P Global Water Index ETF 0.6 57 -28 4.3 -5.1
IFRA iShares U.S. Infrastructure ETF 0.6 30 -1 5.6 -3.8
IGE iShares North American Natural Resources ETF 0.6 41 -12 5.5 -3.9
AFMC First Trust Active Factor Mid Cap ETF 0.6 65 -36 7.2 -2.2
FAB First Trust Multi Cap Value AlphaDEX Fund 0.6 67 -38 8.7 -0.7
MOO VanEck Agribusiness ETF 0.6 53 -24 8.5 -0.9
FNX First Trust Mid Cap Core AlphaDEX Fund 0.6 60 -31 6.3 -3.1
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.6 24 5 7.2 -2.2
RCGE RockCreek Global Equality ETF 0.5 95 -66 6.0 -3.4
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.5 15 14 5.2 -4.2
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.5 15 14 6.4 -3.0
VFMO Vanguard U.S. Momentum Factor ETF 0.5 13 16 1.7 -7.7
TTAC FCF US Quality ETF 0.5 59 -30 5.4 -4.0
EZM WisdomTree U.S. MidCap Fund 0.5 38 -9 8.1 -1.3
IWC iShares Micro-Cap ETF 0.5 60 -31 -1.4 -10.8
EBI Longview Advantage ETF 0.5 35 -6 6.1 -3.4
CVAR Cultivar ETF 0.5 87 -58 7.0 -2.5
DON WisdomTree U.S. MidCap Dividend Fund 0.5 38 -9 8.2 -1.3
STXM Strive Mid-Cap ETF 0.5 18 11 5.7 -3.7
XJH iShares ESG Screened S&P Mid-Cap ETF 0.4 12 17 6.0 -3.4
FTAG First Trust Indxx Global Agriculture ETF 0.4 70 -41 6.8 -2.7
MDY SPDR S&P Midcap 400 ETF Trust 0.4 23 6 6.0 -3.4
HWAY Themes US Infrastructure ETF 0.4 29 0 4.8 -4.6
QQQS Invesco NASDAQ Future Gen 200 ETF 0.4 20 9 -3.9 -13.4
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.4 3 26 6.2 -3.2
IJH iShares Core S&P Mid-Cap ETF 0.4 5 24 6.2 -3.3
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.4 20 9 8.9 -0.6
CALF Pacer US Small Cap Cash Cows 100 ETF 0.4 59 -30 9.4 +0.0
CVY Invesco Zacks Multi-Asset Income ETF 0.4 106 -77 10.1 +0.7
VEGI iShares MSCI Agriculture Producers ETF 0.4 39 -10 7.3 -2.1
IVOO Vanguard S&P Mid-Cap 400 ETF 0.4 7 22 6.2 -3.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 11 6.9 -2.6
SLX VanEck Steel ETF 0.4 56 -27 10.8 +1.4
FEX First Trust Large Cap Core AlphaDEX Fund 0.4 59 -30 5.1 -4.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 17 12 4.8 -4.6
OCEN IQ Clean Oceans ETF 0.3 45 -16 4.5 -4.9
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.3 20 9 5.6 -3.8
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 25 5.7 -3.8
DFUV Dimensional US Marketwide Value ETF 0.3 22 7 6.4 -3.1
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.3 12 17 6.3 -3.1
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 4 5.0 -4.4
FNDB Schwab Fundamental US Broad Market Index ETF 0.3 25 4 6.4 -3.0
SDY State Street SPDR S&P Dividend ETF 0.3 35 -6 6.1 -3.3
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.3 35 -6 5.0 -4.4
JVAL JPMorgan U.S. Value Factor ETF 0.3 12 17 7.2 -2.3
GVLU Gotham 1000 Value ETF 0.3 50 -21 8.2 -1.2
DCOR Dimensional US Core Equity 1 ETF 0.3 14 15 4.7 -4.7
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 11 4.7 -4.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 29 0 5.8 -3.7
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -60 4.5 -4.9
AVUS Avantis U.S. Equity ETF 0.2 15 14 4.9 -4.6
BFOR ALPS Barron's 400 ETF 0.2 65 -36 5.0 -4.4
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.2 30 -1 7.5 -1.9
OPTZ Optimize Strategy Index ETF 0.2 50 -21 3.8 -5.7
SMMD iShares Russell 2500 ETF 0.2 15 14 5.7 -3.8
SCHM Schwab U.S. Mid-Cap ETF 0.2 4 25 6.0 -3.5
COPY Tweedy, Browne Insider + Value ETF 0.2 80 -51 15.2 +5.8
PRF Invesco FTSE RAFI US 1000 ETF 0.2 34 -5 5.9 -3.6
WDNA WisdomTree BioRevolution Fund 0.2 45 -16 -2.2 -11.7
JAVA JPMorgan Active Value ETF 0.2 44 -15 5.6 -3.8
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 14 5.1 -4.3
DFAU Dimensional US Core Equity Market ETF 0.2 12 17 4.4 -5.0
DEUS Xtrackers Russell US Multifactor ETF 0.2 17 12 6.5 -2.9
QLV FlexShares US Quality Low Volatility Index Fund 0.2 22 7 5.0 -4.4
DHS WisdomTree U.S. High Dividend Fund 0.2 38 -9 8.2 -1.2
APUE ActivePassive U.S. Equity ETF 0.2 45 -16 4.0 -5.4
IWS iShares Russell Mid-Cap Value ETF 0.1 23 6 6.2 -3.2
VFQY Vanguard U.S. Quality Factor ETF 0.1 13 16 5.7 -3.8
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 4 6.4 -3.0
TEXN iShares Texas Equity ETF 0.1 20 9 5.2 -4.2
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.1 20 9 7.4 -2.0
PEXL Pacer US Export Leaders ETF 0.1 60 -31 3.2 -6.2
VTI Vanguard Total Stock Market ETF 0.1 3 26 4.2 -5.2
VTHR Vanguard Russell 3000 ETF 0.1 7 22 4.2 -5.2
DFUS Dimensional U.S. Equity ETF 0.1 9 20 4.2 -5.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 26 4.2 -5.2
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.1 3 26 4.5 -5.0
IWV iShares Russell 3000 ETF 0.1 20 9 4.1 -5.3
IWR iShares Russell Midcap ETF 0.1 19 10 5.5 -4.0
SCHB Schwab U.S. Broad Market ETF 0.1 3 26 4.3 -5.1
VYM Vanguard High Dividend Yield Index ETF 0.1 6 23 6.1 -3.3
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 14 4.7 -4.8
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 20 4.3 -5.2
DTD WisdomTree U.S. Total Dividend Fund 0.1 28 1 5.8 -3.7
GNR SPDR S&P Global Natural Resources ETF 0.1 40 -11 8.0 -1.4
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 17 3.6 -5.8
VIG Vanguard Dividend Appreciation ETF 0.1 5 24 5.0 -4.4
SFGV Sequoia Global Value ETF 0.1 23 6 7.2 -2.2
PKW Invesco Buyback Achievers ETF 0.1 62 -33 7.2 -2.2
FELG Fidelity Enhanced Large Cap Growth ETF 0.1 18 11 3.3 -6.1
THRO iShares U.S. Thematic Rotation Active ETF 0.1 90 -61 3.3 -6.2
PFM Invesco Dividend Achievers ETF 0.1 53 -24 4.7 -4.7
AVUQ Avantis U.S. Quality ETF 0.1 15 14 3.6 -5.8
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 17 5.6 -3.8
PTL Inspire 500 ETF 0.1 9 20 4.5 -5.0
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 -13 5.5 -3.9
FDRR Fidelity Dividend ETF for Rising Rates 0.1 15 14 5.9 -3.5
VFMF Vanguard U.S. Multifactor ETF 0.1 18 11 6.8 -2.6
VT Vanguard Total World Stock ETF 0.1 6 23 5.1 -4.3
VONV Vanguard Russell 1000 Value ETF 0.1 7 22 5.7 -3.8
CCSO Carbon Collective Climate Solutions US Equity ETF 0.1 35 -6 0.9 -8.5
IUS Invesco RAFI Strategic US ETF 0.1 19 10 5.8 -3.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 8 3.0 -6.5
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 -13 3.7 -5.8
TXS Texas Capital Texas Equity Index ETF 0.1 49 -20 5.1 -4.4
RAFE PIMCO RAFI ESG U.S. ETF 0.1 29 0 6.5 -2.9
SCHK Schwab 1000 Index ETF 0.1 5 24 4.4 -5.1
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 18 4.3 -5.2
IWD iShares Russell 1000 Value ETF 0.0 19 10 5.6 -3.9
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.0 20 9 6.2 -3.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 20 4.9 -4.5
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 25 3.2 -6.2
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.0 15 14 4.4 -5.1
REVS Columbia Research Enhanced Value ETF 0.0 19 10 6.9 -2.5
STXV Strive 1000 Value ETF 0.0 18 11 7.0 -2.4
LRGF iShares U.S. Equity Factor ETF 0.0 8 21 4.7 -4.7
VONE Vanguard Russell 1000 ETF 0.0 7 22 4.3 -5.1
FELV Fidelity Enhanced Large Cap Value ETF 0.0 18 11 5.8 -3.6
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 15 4.3 -5.2
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 -20 4.9 -4.6
STXG Strive 1000 Growth ETF 0.0 18 11 3.3 -6.1
IWB iShares Russell 1000 ETF 0.0 15 14 4.3 -5.2
IYY iShares Dow Jones U.S. ETF 0.0 20 9 4.2 -5.2
RECS Columbia Research Enhanced Core ETF 0.0 15 14 5.4 -4.0
MNZL Manzil Russell Halal USA Broad MarketETF 0.0 40 -11 4.0 -5.4
DSI iShares MSCI KLD 400 Social ETF 0.0 25 4 4.3 -5.2
GWX SPDR S&P International Small Cap ETF 0.0 40 -11 5.7 -3.7
RAUS RACWI US ETF 0.0 15 14 4.3 -5.2
AVMC Avantis U.S. Mid Cap Equity ETF 0.0 18 11 6.1 -3.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 9 4.3 -5.1
DGRO iShares Core Dividend Growth ETF 0.0 8 21 5.6 -3.8
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 26 5.9 -3.6
DIVB iShares Core Dividend ETF 0.0 5 24 7.5 -1.9
ACVF American Conservative Values ETF 0.0 75 -46 3.8 -5.6

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

  2020 2021 2022 2023 2024 2025E 2026E
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
  2024 2025E 2026E
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 Materials 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 19.3 %
Divided by: Fwd. P/BV 2.0 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 9.4 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.59 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.