Invesco S&P SmallCap Materials ETF
ALTAR
Score™		 9.3% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 21.1x P/Sales
ratio		 1.2x
P/BV
ratio		 2.1x 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) $17
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 May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
25.4% 62.6% 10.1% 13.1% 10.2%

Market Correlations
versus... Beta R-squared
S&P500 1.09 29%
MSCI EAFE 0.91 33%
MSCI Emg. Mkts. 0.65 29%

Technical Indicators
Recent close $105.68
30d moving avg. $104.65
Annualized volatility 24.8%
Short interest (ETF) 1.8%
Short interest (Underlying) 5.8%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.6%
Bid/Ask (% of price) 0.46%
ADV underlying (mns) $542

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 315 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™: 9.3%


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 -4.3
SLVP iShares MSCI Global Silver Miners ETF 10.7 39 -10 4.0 -5.3
SILJ ETFMG Prime Junior Silver Miners ETF 8.0 69 -40 0.4 -8.9
CDIG City Different Investments Global Equity ETF 7.6 75 -46 -1.6 -10.8
TINT ProShares Smart Materials ETF 6.8 58 -29 5.2 -4.1
SMDV ProShares Russell 2000 Dividend Growers ETF 6.1 40 -11 6.7 -2.5
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 5.7 30 -1 13.5 +4.3
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 5.5 38 -9 8.8 -0.4
RWJ Invesco S&P SmallCap 600 Revenue ETF 5.5 39 -10 7.2 -2.1
HAPS Harbor Human Capital Factor US Small Cap ETF 5.5 60 -31 3.3 -6.0
SLYV State Street SPDR S&P 600 Small Cap Value ETF 5.4 15 14 8.7 -0.6
RZV Invesco S&P Smallcap 600 Pure Value ETF 5.3 35 -6 6.9 -2.4
IJS iShares S&P Small-Cap 600 Value ETF 5.3 18 11 8.7 -0.6
VAW Vanguard Materials ETF 5.2 9 20 4.9 -4.4
FMAT Fidelity MSCI Materials Index ETF 5.1 8 21 4.9 -4.4
VIOV Vanguard S&P Small-Cap 600 Value ETF 5.1 10 19 8.7 -0.6
TCV Towle Value ETF 5.0 85 -56 9.2 -0.1
GOEX Global X Gold Explorers ETF 5.0 65 -36 2.1 -7.2
ALIL Argent Focused Small Cap ETF 4.6 74 -45 5.4 -3.9
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 4.6 29 0 6.2 -3.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 4.5 35 -6 6.6 -2.7
SIL Global X Silver Miners ETF 4.5 65 -36 1.7 -7.6
CUT Invesco MSCI Global Timber ETF 4.4 61 -32 8.3 -1.0
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 4.1 15 14 6.0 -3.3
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 4.1 3 26 6.2 -3.1
VIOO Vanguard S&P Small-Cap 600 ETF 4.1 7 22 6.0 -3.3
IJR iShares Core S&P Small Cap ETF 3.9 6 23 6.1 -3.1
XJR iShares ESG Screened S&P Small-Cap ETF 3.9 12 17 6.0 -3.3
KROP Global X AgTech & Food Innovation ETF 3.8 50 -21 6.8 -2.5
OSCV Opus Small Cap Value ETF 3.7 79 -50 5.9 -3.4
JPSV JPMorgan Active Small Cap Value ETF 3.4 74 -45 7.3 -2.0
VRAI Virtus Real Asset Income ETF 3.4 55 -26 8.3 -1.0
TMDV ProShares Russell US Dividend Growers ETF 3.2 35 -6 6.2 -3.1
FMTM MarketDesk Focused U.S. Momentum ETF 3.2 45 -16 4.5 -4.8
RZG Invesco S&P Smallcap 600 Pure Growth ETF 3.2 35 -6 2.9 -6.4
DES WisdomTree U.S. SmallCap Dividend Fund 3.2 38 -9 7.9 -1.3
AVSC Avantis U.S Small Cap Equity ETF 3.2 25 4 4.5 -4.8
SIMS State Street SPDR S&P Kensho Intelligent Structures ETF 3.2 45 -16 4.2 -5.0
ISMD Inspire Small/Mid Cap ETF 3.1 54 -25 4.8 -4.4
GRPZ Invesco S&P SmallCap 600 GARP ETF 3.0 35 -6 6.0 -3.3
NUSC Nuveen ESG Small-Cap ETF 3.0 31 -2 4.8 -4.5
XSMO Invesco S&P SmallCap Momentum ETF 2.8 39 -10 3.5 -5.8
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.8 10 19 3.5 -5.8
EES WisdomTree U.S. SmallCap Fund 2.8 38 -9 7.7 -1.6
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 2.7 15 14 3.6 -5.7
FYT First Trust Small Cap Value AlphaDEX Fund 2.7 73 -44 9.6 +0.4
SCDV Bahl & Gaynor Small Cap Dividend ETF 2.7 70 -41 4.0 -5.3
IJT iShares S&P Small-Cap 600 Growth ETF 2.7 18 11 3.5 -5.7
XSVM Invesco S&P SmallCap Value with Momentum ETF 2.6 36 -7 8.1 -1.2
FESM Fidelity Enhanced Small Cap ETF 2.5 28 1 2.2 -7.1
FYX First Trust Small Cap Core AlphaDEX Fund 2.5 61 -32 5.2 -4.1
SVAL iShares US Small Cap Value Factor ETF 2.5 20 9 7.1 -2.1
FNDA Schwab Fundamental US Small Co. Index ETF 2.4 25 4 5.9 -3.4
WOOD iShares Global Timber & Forestry ETF 2.3 42 -13 11.4 +2.2
NDIV Amplify Natural Resources Dividend Income ETF 2.3 59 -30 11.6 +2.3
BRF VanEck Brazil Small-Cap ETF 2.3 66 -37 11.3 +2.0
ARB AltShares Merger Arbitrage ETF 2.3 77 -48 2.6 -6.6
AGMI Themes Silver Miners ETF 2.2 35 -6 3.8 -5.5
PSC Principal U.S. Small-Cap ETF 2.2 38 -9 3.5 -5.7
VTWV Vanguard Russell 2000 Value ETF 2.2 10 19 4.8 -4.5
TPSC Timothy Plan US Small Cap Core ETF 2.2 52 -23 6.5 -2.8
IWN iShares Russell 2000 Value ETF 2.2 24 5 4.6 -4.6
BSVO EA Bridgeway Omni Small-Cap Value ETF 2.2 47 -18 7.5 -1.8
AVUV Avantis U.S. Small Cap Value ETF 2.2 25 4 7.8 -1.5
DSMC Distillate Small/Mid Cash Flow ETF 2.2 55 -26 10.8 +1.5
JMEE JPMorgan Market Expansion Enhanced Equity ETF 2.1 24 5 5.8 -3.5
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 2.1 12 17 3.3 -5.9
PRNT 3D Printing ETF 2.1 66 -37 1.2 -8.1
GDXJ VanEck Junior Gold Miners ETF 2.1 52 -23 2.8 -6.5
WCEO Hypatia Women CEO ETF 2.1 85 -56 4.6 -4.7
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 2.0 59 -30 4.2 -5.1
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 2.0 80 -51 6.8 -2.5
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 2.0 9 20 3.6 -5.7
BKSE BNY Mellon US Small Cap Core Equity ETF 2.0 4 25 5.1 -4.2
CSMD Congress SMid Growth ETF 2.0 69 -40 3.4 -5.9
BOUT Innovator IBD Breakout Opportunities ETF 1.9 81 -52 2.7 -6.5
RSSL Global X Russell 2000 ETF 1.9 8 21 2.6 -6.7
XSHQ Invesco S&P SmallCap Quality ETF 1.9 29 0 6.7 -2.6
DFSV Dimensional US Small Cap Value ETF 1.9 31 -2 8.7 -0.6
DEEP Roundhill Acquirers Deep Value ETF 1.9 80 -51 15.2 +5.9
IWM iShares Russell 2000 ETF 1.9 19 10 2.5 -6.7
FYC First Trust Small Cap Growth AlphaDEX Fund 1.8 71 -42 -0.6 -9.9
STXK Strive Small-Cap ETF 1.8 18 11 5.0 -4.2
JHSC John Hancock Multifactor Small Cap ETF 1.8 42 -13 5.8 -3.4
IYM iShares U.S. Basic Materials ETF 1.8 40 -11 4.3 -5.0
ROSC Hartford Multifactor Small Cap ETF 1.7 34 -5 7.0 -2.3
MGMT Ballast Small/Mid Cap ETF 1.7 110 -81 7.3 -2.0
SAGP Strategas Global Policy Opportunities ETF 1.7 65 -36 4.9 -4.4
VTWO Vanguard Russell 2000 ETF 1.7 7 22 2.7 -6.6
DFAS Dimensional U.S. Small Cap ETF 1.7 26 3 5.4 -3.9
AMID Argent Mid Cap ETF Argent Mid Cap ETF 1.7 52 -23 5.0 -4.3
QMOM Alpha Architect U.S. Quantitative Momentum ETF 1.6 39 -10 1.1 -8.2
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.6 39 -10 2.2 -7.1
SCHA Schwab U.S. Small-Cap ETF 1.6 4 25 4.2 -5.1
ECML Euclidean Fundamental Value ETF 1.6 95 -66 8.8 -0.4
DGLO First Trust RBA Deglobalization ETF 1.6 70 -41 5.2 -4.0
SQLV Royce Quant Small-Cap Quality Value ETF 1.6 60 -31 7.7 -1.5
IWO iShares Russell 2000 Growth ETF 1.5 24 5 0.5 -8.8
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.5 35 -6 5.9 -3.3
FFOX FundX Future Fund Opportunities ETF 1.5 100 -71 2.4 -6.8
XSLV Invesco S&P SmallCap Low Volatility ETF 1.5 25 4 7.3 -2.0
FIW First Trust Water ETF 1.4 53 -24 5.0 -4.2
DFAT Dimensional U.S. Targeted Value ETF 1.4 28 1 8.4 -0.8
ASCE Allspring SMID Core ETF 1.4 38 -9 2.7 -6.5
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.4 39 -10 3.4 -5.8
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.4 60 -31 -0.9 -10.2
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.4 17 12 4.8 -4.5
VFVA Vanguard U.S. Value Factor ETF 1.4 13 16 9.3 -0.0
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.4 20 9 3.9 -5.4
FSMD Fidelity Small-Mid Multifactor ETF 1.4 15 14 6.3 -3.0
TMAT Main Thematic Innovation ETF 1.3 164 -135 -1.9 -11.2
PAVE Global X U.S. Infrastructure Development ETF 1.3 47 -18 4.0 -5.3
ETHO Etho Climate Leadership U.S. ETF 1.3 47 -18 4.1 -5.1
VTWG Vanguard Russell 2000 Growth ETF 1.3 10 19 0.6 -8.7
NANR SPDR S&P North American Natural Resources ETF 1.3 35 -6 6.4 -2.9
PICK iShares MSCI Global Metals & Mining Producers ETF 1.3 39 -10 7.5 -1.8
VBR Vanguard Small Cap Value ETF 1.3 7 22 7.7 -1.6
PHO Invesco Water Resources ETF 1.2 60 -31 5.0 -4.3
AFSM First Trust Active Factor Small Cap ETF 1.2 75 -46 5.5 -3.8
ISCV iShares Morningstar Small Cap Value ETF 1.2 6 23 7.6 -1.6
GDX VanEck Gold Miners ETF 1.2 51 -22 2.8 -6.4
AUAU Global X Gold Miners ETF 1.2 35 -6 2.5 -6.7
FXZ First Trust Materials AlphaDEX Fund 1.1 61 -32 6.4 -2.8
PXI Invesco Dorsey Wright Energy Momentum ETF 1.1 60 -31 5.5 -3.7
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 1.1 35 -6 6.2 -3.1
ISCB iShares Morningstar Small-Cap ETF 1.1 4 25 5.3 -4.0
AVIE Avantis  Inflation Focused Equity ETF 1.1 25 4 6.1 -3.2
DIV Global X SuperDividend US ETF 1.1 45 -16 9.8 +0.5
NIXT Research Affiliates Deletions ETF 1.1 9 20 6.5 -2.8
ISCG iShares Morningstar Small-Cap Growth ETF 1.1 6 23 2.7 -6.6
ANEW ProShares MSCI Transformational Changes ETF 1.0 45 -16 4.4 -4.9
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.0 70 -41 2.0 -7.3
POWR iShares U.S. Power Infrastructure ETF 1.0 40 -11 3.9 -5.4
SMMD iShares Russell 2500 ETF 1.0 15 14 5.3 -4.0
VXF Vanguard Extended Market ETF 1.0 5 24 3.6 -5.6
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.0 64 -35 1.2 -8.1
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.0 60 -31 5.7 -3.5
VB Vanguard Small-Cap ETF 0.9 5 24 5.1 -4.2
SYLD Cambria Shareholder Yield ETF 0.9 59 -30 10.2 +1.0
SIXL ETC 6 Meridian Low Beta Equity ETF 0.9 80 -51 5.9 -3.3
WDNA WisdomTree BioRevolution Fund 0.9 45 -16 -2.2 -11.4
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.9 79 -50 3.9 -5.4
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 0.9 35 -6 8.9 -0.4
AKAF The Frontier Economic Fund 0.8 20 9 5.1 -4.1
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.8 38 -9 5.0 -4.3
SMLF iShares U.S. SmallCap Equity Factor ETF 0.8 15 14 4.8 -4.5
FDM First Trust Dow Jones Select MicroCap Index Fund 0.8 60 -31 6.8 -2.4
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 0.8 60 -31 6.4 -2.8
VFMO Vanguard U.S. Momentum Factor ETF 0.8 13 16 1.6 -7.7
SMOX Horizon Small/Mid Cap Core Equity ETF 0.8 75 -46 5.1 -4.1
WSML iShares MSCI World Small-Cap ETF 0.8 15 14 5.2 -4.0
EZM WisdomTree U.S. MidCap Fund 0.7 38 -9 7.8 -1.5
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.7 30 -1 3.6 -5.7
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.7 20 9 0.8 -8.5
CCNR ALPS CoreCommodity Natural Resources ETF 0.7 39 -10 8.1 -1.2
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.7 25 4 7.5 -1.8
SMCF Themes US Small Cap Cash Flow Champions ETF 0.7 29 0 9.7 +0.5
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 0.7 55 -26 8.7 -0.6
EQAL Invesco Russell 1000 Equal Weight ETF 0.7 20 9 6.0 -3.3
DXUV Dimensional US Vector Equity ETF 0.7 28 1 5.2 -4.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.7 7 22 5.1 -4.2
EFRA iShares Environmental Infrastructure and Industrials ETF 0.7 47 -18 5.0 -4.3
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.6 95 -66 -0.6 -9.8
JSML Janus Henderson Small Cap Growth Alpha ETF 0.6 30 -1 2.5 -6.7
CGW Invesco S&P Global Water Index ETF 0.6 57 -28 4.5 -4.8
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.6 40 -11 3.5 -5.7
SFLO VictoryShares Small Cap Free Cash Flow ETF 0.6 49 -20 8.0 -1.3
FTC First Trust Large Cap Growth AlphaDEX Fund 0.6 59 -30 1.6 -7.6
SMOT VanEck Morningstar SMID Moat ETF 0.6 49 -20 6.3 -3.0
GVLU Gotham 1000 Value ETF 0.6 50 -21 8.2 -1.1
IFRA iShares U.S. Infrastructure ETF 0.6 30 -1 5.4 -3.9
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.6 15 14 6.2 -3.1
FAB First Trust Multi Cap Value AlphaDEX Fund 0.6 67 -38 8.5 -0.7
FTRI First Trust Indxx Global Natural Resources Income ETF 0.6 70 -41 6.6 -2.7
AFMC First Trust Active Factor Mid Cap ETF 0.6 65 -36 6.8 -2.5
FEGE First Eagle Global Equity ETF 0.6 79 -50 6.0 -3.3
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.6 10 19 4.0 -5.3
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.6 15 14 4.0 -5.3
EBI Longview Advantage ETF 0.5 35 -6 5.8 -3.5
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.5 15 14 5.0 -4.3
VBK Vanguard Small-Cap Growth ETF 0.5 7 22 1.2 -8.1
IJK iShares S&P Mid-Cap 400 Growth ETF 0.5 17 12 3.9 -5.3
IGE iShares North American Natural Resources ETF 0.5 41 -12 5.8 -3.5
IWC iShares Micro-Cap ETF 0.5 60 -31 -1.4 -10.6
TTAC FCF US Quality ETF 0.5 59 -30 5.6 -3.7
CVAR Cultivar ETF 0.5 87 -58 7.1 -2.1
FNX First Trust Mid Cap Core AlphaDEX Fund 0.5 60 -31 6.0 -3.2
RCGE RockCreek Global Equality ETF 0.5 95 -66 6.0 -3.3
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.5 24 5 7.0 -2.3
WBIY WBI Power Factor High Dividend ETF 0.5 100 -71 12.0 +2.8
STXM Strive Mid-Cap ETF 0.5 18 11 5.8 -3.4
DON WisdomTree U.S. MidCap Dividend Fund 0.4 38 -9 8.0 -1.3
JAVA JPMorgan Active Value ETF 0.4 44 -15 5.3 -3.9
SLX VanEck Steel ETF 0.4 56 -27 9.7 +0.5
MOO VanEck Agribusiness ETF 0.4 53 -24 9.3 +0.0
HWAY Themes US Infrastructure ETF 0.4 29 0 4.4 -4.8
QQQS Invesco NASDAQ Future Gen 200 ETF 0.4 20 9 -3.6 -12.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 17 12 4.6 -4.7
CVY Invesco Zacks Multi-Asset Income ETF 0.4 106 -77 9.9 +0.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.4 29 0 5.4 -3.9
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.4 20 9 8.4 -0.8
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 11 6.7 -2.5
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.3 20 9 5.7 -3.5
VFMF Vanguard U.S. Multifactor ETF 0.3 18 11 6.4 -2.8
DFUV Dimensional US Marketwide Value ETF 0.3 22 7 5.9 -3.3
XJH iShares ESG Screened S&P Mid-Cap ETF 0.3 12 17 5.8 -3.5
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 25 5.5 -3.8
SDY State Street SPDR S&P Dividend ETF 0.3 35 -6 6.0 -3.3
SCOW Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF 0.3 59 -30 8.2 -1.0
CALF Pacer US Small Cap Cash Cows 100 ETF 0.3 59 -30 9.0 -0.3
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.3 43 -14 4.7 -4.6
FTAG First Trust Indxx Global Agriculture ETF 0.3 70 -41 7.2 -2.0
MDY SPDR S&P Midcap 400 ETF Trust 0.3 23 6 5.7 -3.5
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 4 4.8 -4.5
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.3 3 26 5.9 -3.3
IVOO Vanguard S&P Mid-Cap 400 ETF 0.3 7 22 5.9 -3.4
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.3 35 -6 4.7 -4.5
IJH iShares Core S&P Mid-Cap ETF 0.3 5 24 5.9 -3.4
DCOR Dimensional US Core Equity 1 ETF 0.3 14 15 4.5 -4.8
FNDB Schwab Fundamental US Broad Market Index ETF 0.3 25 4 6.0 -3.2
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 11 4.6 -4.7
VEGI iShares MSCI Agriculture Producers ETF 0.3 39 -10 7.8 -1.5
FEX First Trust Large Cap Core AlphaDEX Fund 0.3 59 -30 4.8 -4.5
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.2 12 17 6.1 -3.2
APUE ActivePassive U.S. Equity ETF 0.2 45 -16 3.8 -5.4
AVUS Avantis U.S. Equity ETF 0.2 15 14 4.6 -4.6
OCEN IQ Clean Oceans ETF 0.2 45 -16 4.6 -4.7
DHS WisdomTree U.S. High Dividend Fund 0.2 38 -9 8.0 -1.2
ULVM VictoryShares US Value Momentum ETF 0.2 20 9 6.0 -3.3
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 -60 4.2 -5.1
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 9 7.2 -2.0
PRF Invesco FTSE RAFI US 1000 ETF 0.2 34 -5 5.5 -3.8
BFOR ALPS Barron's 400 ETF 0.2 65 -36 4.8 -4.4
OPTZ Optimize Strategy Index ETF 0.2 50 -21 3.2 -6.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 20 5.1 -4.2
JVAL JPMorgan U.S. Value Factor ETF 0.2 12 17 6.5 -2.7
JHMM John Hancock Multifactor Mid Cap ETF 0.2 42 -13 5.3 -4.0
DFAU Dimensional US Core Equity Market ETF 0.2 12 17 4.2 -5.1
IWS iShares Russell Mid-Cap Value ETF 0.2 23 6 5.9 -3.4
FDMO Fidelity Momentum Factor ETF 0.2 15 14 2.4 -6.9
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 14 4.8 -4.5
COPY Tweedy, Browne Insider + Value ETF 0.1 80 -51 14.6 +5.3
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.1 52 -23 4.8 -4.4
SCHM Schwab U.S. Mid-Cap ETF 0.1 4 25 5.6 -3.7
AVMC Avantis U.S. Mid Cap Equity ETF 0.1 18 11 5.9 -3.4
SXQG ETC 6 Meridian Quality Growth ETF 0.1 100 -71 3.0 -6.3
HDUS Hartford Disciplined US Equity ETF 0.1 19 10 4.7 -4.6
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -30 2.1 -7.2
DFUS Dimensional U.S. Equity ETF 0.1 9 20 4.0 -5.3
DTD WisdomTree U.S. Total Dividend Fund 0.1 28 1 5.6 -3.7
IWR iShares Russell Midcap ETF 0.1 19 10 5.2 -4.0
SFGV Sequoia Global Value ETF 0.1 23 6 7.0 -2.3
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.1 3 26 4.3 -5.0
VTI Vanguard Total Stock Market ETF 0.1 3 26 4.0 -5.2
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 -13 3.4 -5.8
IWV iShares Russell 3000 ETF 0.1 20 9 3.9 -5.3
VTHR Vanguard Russell 3000 ETF 0.1 7 22 4.1 -5.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 26 4.1 -5.2
SCHB Schwab U.S. Broad Market ETF 0.1 3 26 4.1 -5.1
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 4 6.1 -3.2
TEXN iShares Texas Equity ETF 0.1 20 9 5.0 -4.3
VIG Vanguard Dividend Appreciation ETF 0.1 5 24 4.8 -4.4
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 17 3.6 -5.7
VYM Vanguard High Dividend Yield Index ETF 0.1 6 23 6.0 -3.3
PEXL Pacer US Export Leaders ETF 0.1 60 -31 2.9 -6.4
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 20 4.1 -5.2
PKW Invesco Buyback Achievers ETF 0.1 62 -33 7.2 -2.0
GNR SPDR S&P Global Natural Resources ETF 0.1 40 -11 8.5 -0.8
PFM Invesco Dividend Achievers ETF 0.1 53 -24 4.6 -4.7
CCSO Carbon Collective Climate Solutions US Equity ETF 0.1 35 -6 0.9 -8.4
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.1 20 9 5.8 -3.4
IUS Invesco RAFI Strategic US ETF 0.1 19 10 5.5 -3.8
VT Vanguard Total World Stock ETF 0.1 6 23 4.9 -4.4
CFA VictoryShares US 500 Volatility Wtd ETF 0.1 35 -6 5.2 -4.0
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.1 40 -11 5.2 -4.1
PTL Inspire 500 ETF 0.1 9 20 4.3 -4.9
REVS Columbia Research Enhanced Value ETF 0.1 19 10 6.5 -2.7
TXS Texas Capital Texas Equity Index ETF 0.1 49 -20 5.0 -4.3
VFQY Vanguard U.S. Quality Factor ETF 0.1 13 16 5.4 -3.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 8 2.8 -6.5
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 11 5.4 -3.9
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 12 6.3 -3.0
RAFE PIMCO RAFI ESG U.S. ETF 0.1 29 0 6.0 -3.3
FMDE Fidelity Enhanced Mid Cap ETF 0.1 23 6 5.3 -4.0
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 17 5.3 -4.0
IWD iShares Russell 1000 Value ETF 0.0 19 10 5.2 -4.0
VONV Vanguard Russell 1000 Value ETF 0.0 7 22 5.3 -4.0
SCHK Schwab 1000 Index ETF 0.0 5 24 4.2 -5.1
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.0 32 -3 3.9 -5.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 18 4.1 -5.2
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.0 15 14 4.1 -5.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 20 4.8 -4.5
STXV Strive 1000 Value ETF 0.0 18 11 6.7 -2.6
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.0 9 20 4.3 -5.0
RECS Columbia Research Enhanced Core ETF 0.0 15 14 5.2 -4.0
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 15 4.1 -5.2
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -61 3.0 -6.3
MNZL Manzil Russell Halal USA Broad MarketETF 0.0 40 -11 3.7 -5.6
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 25 3.0 -6.2
IWB iShares Russell 1000 ETF 0.0 15 14 4.1 -5.2
IYY iShares Dow Jones U.S. ETF 0.0 20 9 4.0 -5.3
VONE Vanguard Russell 1000 ETF 0.0 7 22 4.2 -5.1
LRGF iShares U.S. Equity Factor ETF 0.0 8 21 4.5 -4.7
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 9 4.1 -5.1
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.0 75 -46 3.1 -6.2
AVUQ Avantis U.S. Quality ETF 0.0 15 14 3.5 -5.7
DSI iShares MSCI KLD 400 Social ETF 0.0 25 4 4.0 -5.2
STXG Strive 1000 Growth ETF 0.0 18 11 3.2 -6.1
GWX SPDR S&P International Small Cap ETF 0.0 40 -11 5.7 -3.6
RAUS RACWI US ETF 0.0 15 14 4.1 -5.2
JHML John Hancock Multifactor Large Cap ETF 0.0 29 0 4.4 -4.9
ACVF American Conservative Values ETF 0.0 75 -46 3.6 -5.6
DGRO iShares Core Dividend Growth ETF 0.0 8 21 5.5 -3.8
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 26 5.6 -3.7
DIVB iShares Core Dividend ETF 0.0 5 24 6.8 -2.4

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 9.3 %
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.