Invesco S&P SmallCap Materials ETF
ALTAR
Score™		 9.2% 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 April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
26.7% 69.1% 11.9% 12.8% 10.3%

Market Correlations
versus... Beta R-squared
S&P500 1.09 32%
MSCI EAFE 0.95 33%
MSCI Emg. Mkts. 0.67 28%

Technical Indicators
Recent close $105.62
30d moving avg. $104.71
Annualized volatility 24.8%
Short interest (ETF) 1.8%
Short interest (Underlying) 5.8%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 3
Turnover 1.9%
Bid/Ask (% of price) 0.45%
ADV underlying (mns) $542

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 314 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™: 9.2%


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 18.4 35 -6 4.6 -4.6
SLVP iShares MSCI Global Silver Miners ETF 10.7 39 -10 3.8 -5.4
SILJ ETFMG Prime Junior Silver Miners ETF 9.2 69 -40 0.3 -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 5.1 -4.1
SMDV ProShares Russell 2000 Dividend Growers ETF 6.1 40 -11 7.0 -2.2
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 5.7 30 -1 13.8 +4.5
SLYV State Street SPDR S&P 600 Small Cap Value ETF 5.6 15 14 8.9 -0.3
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 5.5 38 -9 9.1 -0.1
RWJ Invesco S&P SmallCap 600 Revenue ETF 5.5 39 -10 7.4 -1.9
IJS iShares S&P Small-Cap 600 Value ETF 5.5 18 11 8.8 -0.4
HAPS Harbor Human Capital Factor US Small Cap ETF 5.5 60 -31 3.4 -5.9
VAW Vanguard Materials ETF 5.4 9 20 5.0 -4.3
RZV Invesco S&P Smallcap 600 Pure Value ETF 5.3 35 -6 7.1 -2.1
VIOV Vanguard S&P Small-Cap 600 Value ETF 5.3 10 19 8.9 -0.3
GOEX Global X Gold Explorers ETF 5.2 65 -36 2.1 -7.1
FMAT Fidelity MSCI Materials Index ETF 5.1 8 21 5.0 -4.3
TCV Towle Value ETF 5.1 85 -56 9.2 -0.0
ALIL Argent Focused Small Cap ETF 4.8 74 -45 5.7 -3.6
SIL Global X Silver Miners ETF 4.6 65 -36 1.6 -7.6
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 4.6 29 0 6.4 -2.9
CSA VictoryShares US Small Cap Volatility Wtd ETF 4.5 35 -6 6.6 -2.7
CUT Invesco MSCI Global Timber ETF 4.4 61 -32 8.6 -0.6
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 4.2 3 26 6.4 -2.9
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 4.1 15 14 6.2 -3.0
VIOO Vanguard S&P Small-Cap 600 ETF 4.1 7 22 6.2 -3.1
IJR iShares Core S&P Small Cap ETF 4.0 6 23 6.3 -3.0
XJR iShares ESG Screened S&P Small-Cap ETF 4.0 12 17 6.1 -3.1
KROP Global X AgTech & Food Innovation ETF 3.8 50 -21 6.7 -2.6
OSCV Opus Small Cap Value ETF 3.6 79 -50 6.0 -3.3
JPSV JPMorgan Active Small Cap Value ETF 3.4 74 -45 7.5 -1.8
VRAI Virtus Real Asset Income ETF 3.4 55 -26 8.4 -0.9
FMTM MarketDesk Focused U.S. Momentum ETF 3.3 45 -16 4.5 -4.7
TMDV ProShares Russell US Dividend Growers ETF 3.2 35 -6 6.5 -2.8
RZG Invesco S&P Smallcap 600 Pure Growth ETF 3.2 35 -6 3.1 -6.2
DES WisdomTree U.S. SmallCap Dividend Fund 3.2 38 -9 8.1 -1.1
AVSC Avantis U.S Small Cap Equity ETF 3.2 25 4 4.6 -4.6
ISMD Inspire Small/Mid Cap ETF 3.1 54 -25 4.9 -4.3
SIMS State Street SPDR S&P Kensho Intelligent Structures ETF 3.1 45 -16 4.2 -5.0
GRPZ Invesco S&P SmallCap 600 GARP ETF 3.0 35 -6 6.2 -3.0
NUSC Nuveen ESG Small-Cap ETF 3.0 31 -2 4.8 -4.4
XSMO Invesco S&P SmallCap Momentum ETF 2.8 39 -10 3.5 -5.7
FYT First Trust Small Cap Value AlphaDEX Fund 2.8 73 -44 9.9 +0.7
EES WisdomTree U.S. SmallCap Fund 2.8 38 -9 7.8 -1.4
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.7 10 19 3.7 -5.6
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 2.7 15 14 3.7 -5.5
IJT iShares S&P Small-Cap 600 Growth ETF 2.7 18 11 3.7 -5.6
SCDV Bahl & Gaynor Small Cap Dividend ETF 2.6 70 -41 4.1 -5.2
XSVM Invesco S&P SmallCap Value with Momentum ETF 2.6 36 -7 8.3 -0.9
AGMI Themes Silver Miners ETF 2.6 35 -6 3.7 -5.5
SVAL iShares US Small Cap Value Factor ETF 2.6 20 9 7.3 -2.0
FYX First Trust Small Cap Core AlphaDEX Fund 2.6 61 -32 5.3 -3.9
FESM Fidelity Enhanced Small Cap ETF 2.5 28 1 2.2 -7.0
FNDA Schwab Fundamental US Small Co. Index ETF 2.3 25 4 6.0 -3.2
NDIV Amplify Natural Resources Dividend Income ETF 2.3 59 -30 11.2 +2.0
WOOD iShares Global Timber & Forestry ETF 2.3 42 -13 11.6 +2.4
IWN iShares Russell 2000 Value ETF 2.3 24 5 4.7 -4.5
BSVO EA Bridgeway Omni Small-Cap Value ETF 2.3 47 -18 7.7 -1.6
VTWV Vanguard Russell 2000 Value ETF 2.3 10 19 4.9 -4.4
ARB AltShares Merger Arbitrage ETF 2.3 77 -48 2.6 -6.6
PSC Principal U.S. Small-Cap ETF 2.2 38 -9 3.6 -5.6
TPSC Timothy Plan US Small Cap Core ETF 2.2 52 -23 6.6 -2.6
DSMC Distillate Small/Mid Cash Flow ETF 2.2 55 -26 10.6 +1.4
AVUV Avantis U.S. Small Cap Value ETF 2.2 25 4 7.9 -1.3
GDXJ VanEck Junior Gold Miners ETF 2.2 52 -23 2.8 -6.5
BRF VanEck Brazil Small-Cap ETF 2.2 66 -37 10.7 +1.5
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 2.1 12 17 3.4 -5.8
JMEE JPMorgan Market Expansion Enhanced Equity ETF 2.1 24 5 5.9 -3.3
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 2.1 59 -30 4.2 -5.0
WCEO Hypatia Women CEO ETF 2.1 85 -56 4.6 -4.6
PRNT 3D Printing ETF 2.1 66 -37 1.0 -8.2
CSMD Congress SMid Growth ETF 2.0 69 -40 3.4 -5.9
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 2.0 80 -51 7.0 -2.2
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.0 39 -10 1.0 -8.2
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 2.0 9 20 3.7 -5.6
BKSE BNY Mellon US Small Cap Core Equity ETF 2.0 4 25 5.1 -4.1
RSSL Global X Russell 2000 ETF 2.0 8 21 2.6 -6.6
IWM iShares Russell 2000 ETF 1.9 19 10 2.6 -6.7
BOUT Innovator IBD Breakout Opportunities ETF 1.9 81 -52 2.8 -6.4
DFSV Dimensional US Small Cap Value ETF 1.9 31 -2 8.8 -0.4
XSHQ Invesco S&P SmallCap Quality ETF 1.9 29 0 6.8 -2.4
IYM iShares U.S. Basic Materials ETF 1.9 40 -11 4.4 -4.8
STXK Strive Small-Cap ETF 1.9 18 11 5.1 -4.1
FYC First Trust Small Cap Growth AlphaDEX Fund 1.8 71 -42 -0.6 -9.9
DEEP Roundhill Acquirers Deep Value ETF 1.8 80 -51 15.4 +6.2
JHSC John Hancock Multifactor Small Cap ETF 1.8 42 -13 5.9 -3.3
ROSC Hartford Multifactor Small Cap ETF 1.7 34 -5 7.2 -2.1
MGMT Ballast Small/Mid Cap ETF 1.7 110 -81 7.4 -1.8
AMID Argent Mid Cap ETF Argent Mid Cap ETF 1.7 52 -23 5.1 -4.2
DFAS Dimensional U.S. Small Cap ETF 1.7 26 3 5.5 -3.7
SAGP Strategas Global Policy Opportunities ETF 1.7 65 -36 4.8 -4.4
VTWO Vanguard Russell 2000 ETF 1.7 7 22 2.7 -6.6
ECML Euclidean Fundamental Value ETF 1.7 95 -66 8.9 -0.3
SCHA Schwab U.S. Small-Cap ETF 1.7 4 25 4.2 -5.0
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.6 39 -10 2.2 -7.0
DGLO First Trust RBA Deglobalization ETF 1.6 70 -41 5.3 -3.9
IWO iShares Russell 2000 Growth ETF 1.6 24 5 0.5 -8.8
SQLV Royce Quant Small-Cap Quality Value ETF 1.6 60 -31 7.8 -1.4
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.5 17 12 4.8 -4.4
FFOX FundX Future Fund Opportunities ETF 1.5 100 -71 2.5 -6.8
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.5 35 -6 6.1 -3.1
DFAT Dimensional U.S. Targeted Value ETF 1.5 28 1 8.6 -0.6
XSLV Invesco S&P SmallCap Low Volatility ETF 1.5 25 4 7.6 -1.7
FIW First Trust Water ETF 1.4 53 -24 5.2 -4.1
ASCE Allspring SMID Core ETF 1.4 38 -9 2.9 -6.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.4 39 -10 3.5 -5.7
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.4 60 -31 -0.9 -10.1
PAVE Global X U.S. Infrastructure Development ETF 1.4 47 -18 4.2 -5.0
VFVA Vanguard U.S. Value Factor ETF 1.4 13 16 9.3 +0.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.4 20 9 3.9 -5.3
FSMD Fidelity Small-Mid Multifactor ETF 1.4 15 14 6.4 -2.8
TMAT Main Thematic Innovation ETF 1.3 164 -135 -1.9 -11.2
NANR SPDR S&P North American Natural Resources ETF 1.3 35 -6 6.2 -3.0
ETHO Etho Climate Leadership U.S. ETF 1.3 47 -18 4.2 -5.1
VTWG Vanguard Russell 2000 Growth ETF 1.3 10 19 0.6 -8.6
AFSM First Trust Active Factor Small Cap ETF 1.3 75 -46 5.7 -3.6
VBR Vanguard Small Cap Value ETF 1.3 7 22 7.9 -1.4
ISCV iShares Morningstar Small Cap Value ETF 1.3 6 23 7.8 -1.5
AUAU Global X Gold Miners ETF 1.2 35 -6 2.5 -6.7
PICK iShares MSCI Global Metals & Mining Producers ETF 1.2 39 -10 7.3 -1.9
GDX VanEck Gold Miners ETF 1.2 51 -22 2.8 -6.4
FXZ First Trust Materials AlphaDEX Fund 1.2 61 -32 6.5 -2.7
PHO Invesco Water Resources ETF 1.2 60 -31 5.1 -4.1
ISCB iShares Morningstar Small-Cap ETF 1.2 4 25 5.3 -3.9
NIXT Research Affiliates Deletions ETF 1.2 9 20 6.4 -2.9
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 1.2 35 -6 6.3 -2.9
PXI Invesco Dorsey Wright Energy Momentum ETF 1.1 60 -31 5.3 -4.0
ISCG iShares Morningstar Small-Cap Growth ETF 1.1 6 23 2.7 -6.6
AVIE Avantis  Inflation Focused Equity ETF 1.1 25 4 6.1 -3.1
DIV Global X SuperDividend US ETF 1.1 45 -16 9.7 +0.5
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.1 70 -41 2.0 -7.2
ANEW ProShares MSCI Transformational Changes ETF 1.0 45 -16 4.3 -5.0
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.0 64 -35 1.2 -8.0
SMMD iShares Russell 2500 ETF 1.0 15 14 5.4 -3.9
AKAF The Frontier Economic Fund 1.0 20 9 5.1 -4.1
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.0 60 -31 5.9 -3.3
VXF Vanguard Extended Market ETF 1.0 5 24 3.7 -5.6
HGRO Hedgeye Quality Growth ETF 1.0 70 -41 3.2 -6.0
POWR iShares U.S. Power Infrastructure ETF 1.0 40 -11 3.9 -5.3
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.0 60 -31 6.6 -2.7
VB Vanguard Small-Cap ETF 1.0 5 24 5.1 -4.1
SYLD Cambria Shareholder Yield ETF 0.9 59 -30 10.4 +1.1
SIXL ETC 6 Meridian Low Beta Equity ETF 0.9 80 -51 6.1 -3.1
WDNA WisdomTree BioRevolution Fund 0.9 45 -16 -2.2 -11.4
SMOX Horizon Small/Mid Cap Core Equity ETF 0.9 75 -46 5.3 -3.9
SMLF iShares U.S. SmallCap Equity Factor ETF 0.9 15 14 4.8 -4.4
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 0.9 35 -6 9.0 -0.2
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.8 38 -9 5.1 -4.1
FDM First Trust Dow Jones Select MicroCap Index Fund 0.8 60 -31 7.0 -2.2
VFMO Vanguard U.S. Momentum Factor ETF 0.8 13 16 1.6 -7.6
WSML iShares MSCI World Small-Cap ETF 0.8 15 14 5.2 -4.0
CCNR ALPS CoreCommodity Natural Resources ETF 0.8 39 -10 7.8 -1.5
EZM WisdomTree U.S. MidCap Fund 0.7 38 -9 8.0 -1.3
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 0.7 55 -26 8.9 -0.3
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.7 30 -1 3.6 -5.7
FTC First Trust Large Cap Growth AlphaDEX Fund 0.7 59 -30 1.7 -7.5
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.7 25 4 7.7 -1.5
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.7 20 9 0.7 -8.5
DXUV Dimensional US Vector Equity ETF 0.7 28 1 5.1 -4.1
SMCF Themes US Small Cap Cash Flow Champions ETF 0.7 29 0 9.8 +0.6
GVLU Gotham 1000 Value ETF 0.7 50 -21 8.1 -1.1
EFRA iShares Environmental Infrastructure and Industrials ETF 0.7 47 -18 5.1 -4.2
EQAL Invesco Russell 1000 Equal Weight ETF 0.7 20 9 6.0 -3.2
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.7 7 22 5.2 -4.1
IJK iShares S&P Mid-Cap 400 Growth ETF 0.7 17 12 4.0 -5.3
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.7 10 19 4.0 -5.2
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.7 15 14 4.0 -5.2
AFMC First Trust Active Factor Mid Cap ETF 0.6 65 -36 6.9 -2.3
SMOT VanEck Morningstar SMID Moat ETF 0.6 49 -20 6.3 -2.9
IFRA iShares U.S. Infrastructure ETF 0.6 30 -1 5.6 -3.6
JSML Janus Henderson Small Cap Growth Alpha ETF 0.6 30 -1 2.6 -6.7
CGW Invesco S&P Global Water Index ETF 0.6 57 -28 4.7 -4.6
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.6 95 -66 -0.6 -9.8
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.6 40 -11 3.6 -5.6
SFLO VictoryShares Small Cap Free Cash Flow ETF 0.6 49 -20 7.7 -1.5
IGE iShares North American Natural Resources ETF 0.6 41 -12 5.6 -3.6
FTRI First Trust Indxx Global Natural Resources Income ETF 0.6 70 -41 6.5 -2.7
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.6 15 14 6.4 -2.8
EBI Longview Advantage ETF 0.6 35 -6 5.8 -3.4
VBK Vanguard Small-Cap Growth ETF 0.6 7 22 1.2 -8.0
FAB First Trust Multi Cap Value AlphaDEX Fund 0.6 67 -38 8.7 -0.5
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.5 15 14 5.0 -4.2
RCGE RockCreek Global Equality ETF 0.5 95 -66 6.1 -3.2
FNX First Trust Mid Cap Core AlphaDEX Fund 0.5 60 -31 6.2 -3.1
TTAC FCF US Quality ETF 0.5 59 -30 5.6 -3.7
CVAR Cultivar ETF 0.5 87 -58 7.1 -2.2
IWC iShares Micro-Cap ETF 0.5 60 -31 -1.3 -10.6
MOO VanEck Agribusiness ETF 0.5 53 -24 9.1 -0.1
WBIY WBI Power Factor High Dividend ETF 0.5 100 -71 12.0 +2.8
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.5 24 5 7.1 -2.1
STXM Strive Mid-Cap ETF 0.5 18 11 5.8 -3.4
DON WisdomTree U.S. MidCap Dividend Fund 0.4 38 -9 8.2 -1.0
JAVA JPMorgan Active Value ETF 0.4 44 -15 5.5 -3.7
HWAY Themes US Infrastructure ETF 0.4 29 0 4.6 -4.6
SLX VanEck Steel ETF 0.4 56 -27 9.6 +0.4
QQQS Invesco NASDAQ Future Gen 200 ETF 0.4 20 9 -3.4 -12.6
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 17 12 4.6 -4.7
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.4 20 9 8.6 -0.6
XJH iShares ESG Screened S&P Mid-Cap ETF 0.4 12 17 5.8 -3.4
CVY Invesco Zacks Multi-Asset Income ETF 0.4 106 -77 10.0 +0.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.4 29 0 5.5 -3.7
MDY SPDR S&P Midcap 400 ETF Trust 0.4 23 6 5.8 -3.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 11 6.9 -2.3
FTAG First Trust Indxx Global Agriculture ETF 0.3 70 -41 7.2 -2.1
VFMF Vanguard U.S. Multifactor ETF 0.3 18 11 6.6 -2.7
IJH iShares Core S&P Mid-Cap ETF 0.3 5 24 6.0 -3.2
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.3 3 26 6.0 -3.2
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.3 20 9 5.8 -3.5
IVOO Vanguard S&P Mid-Cap 400 ETF 0.3 7 22 6.0 -3.3
DFUV Dimensional US Marketwide Value ETF 0.3 22 7 6.0 -3.2
VEGI iShares MSCI Agriculture Producers ETF 0.3 39 -10 7.7 -1.6
SDY State Street SPDR S&P Dividend ETF 0.3 35 -6 6.2 -3.1
CALF Pacer US Small Cap Cash Cows 100 ETF 0.3 59 -30 8.7 -0.5
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 25 5.5 -3.7
SCOW Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF 0.3 59 -30 8.2 -1.0
FEX First Trust Large Cap Core AlphaDEX Fund 0.3 59 -30 4.9 -4.3
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.3 43 -14 4.8 -4.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 4 4.8 -4.5
FNDB Schwab Fundamental US Broad Market Index ETF 0.3 25 4 6.1 -3.1
DCOR Dimensional US Core Equity 1 ETF 0.3 14 15 4.5 -4.8
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.3 35 -6 4.8 -4.4
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 11 4.6 -4.7
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.2 12 17 6.1 -3.1
APUE ActivePassive U.S. Equity ETF 0.2 45 -16 3.8 -5.5
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 8.2 -1.0
ULVM VictoryShares US Value Momentum ETF 0.2 20 9 6.1 -3.2
BFOR ALPS Barron's 400 ETF 0.2 65 -36 4.9 -4.3
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 -60 4.2 -5.0
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 9 7.4 -1.9
PRF Invesco FTSE RAFI US 1000 ETF 0.2 34 -5 5.5 -3.7
OPTZ Optimize Strategy Index ETF 0.2 50 -21 3.3 -6.0
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 20 5.1 -4.1
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 5.4 -3.9
IWS iShares Russell Mid-Cap Value ETF 0.2 23 6 6.0 -3.2
DFAU Dimensional US Core Equity Market ETF 0.2 12 17 4.2 -5.1
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
SCHM Schwab U.S. Mid-Cap ETF 0.1 4 25 5.7 -3.6
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.1 52 -23 4.9 -4.3
COPY Tweedy, Browne Insider + Value ETF 0.1 80 -51 14.7 +5.4
AVMC Avantis U.S. Mid Cap Equity ETF 0.1 18 11 5.9 -3.3
IWR iShares Russell Midcap ETF 0.1 19 10 5.3 -4.0
DFUS Dimensional U.S. Equity ETF 0.1 9 20 3.9 -5.3
SXQG ETC 6 Meridian Quality Growth ETF 0.1 100 -71 2.9 -6.4
HDUS Hartford Disciplined US Equity ETF 0.1 19 10 4.6 -4.7
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -30 2.0 -7.2
DTD WisdomTree U.S. Total Dividend Fund 0.1 28 1 5.7 -3.6
SFGV Sequoia Global Value ETF 0.1 23 6 7.1 -2.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 26 4.0 -5.2
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.1 3 26 4.2 -5.0
VTI Vanguard Total Stock Market ETF 0.1 3 26 4.0 -5.2
VTHR Vanguard Russell 3000 ETF 0.1 7 22 4.0 -5.2
IWV iShares Russell 3000 ETF 0.1 20 9 3.9 -5.4
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 -13 3.4 -5.8
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 4 6.1 -3.1
SCHB Schwab U.S. Broad Market ETF 0.1 3 26 4.1 -5.2
TEXN iShares Texas Equity ETF 0.1 20 9 4.8 -4.4
PEXL Pacer US Export Leaders ETF 0.1 60 -31 2.9 -6.4
VIG Vanguard Dividend Appreciation ETF 0.1 5 24 4.9 -4.4
VYM Vanguard High Dividend Yield Index ETF 0.1 6 23 6.0 -3.2
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 17 3.5 -5.7
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 20 4.0 -5.3
PKW Invesco Buyback Achievers ETF 0.1 62 -33 7.4 -1.9
GNR SPDR S&P Global Natural Resources ETF 0.1 40 -11 8.3 -0.9
PFM Invesco Dividend Achievers ETF 0.1 53 -24 4.6 -4.6
CCSO Carbon Collective Climate Solutions US Equity ETF 0.1 35 -6 0.8 -8.4
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.1 20 9 5.9 -3.3
IUS Invesco RAFI Strategic US ETF 0.1 19 10 5.5 -3.8
VT Vanguard Total World Stock ETF 0.1 6 23 4.8 -4.4
CFA VictoryShares US 500 Volatility Wtd ETF 0.1 35 -6 5.3 -3.9
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.1 40 -11 5.3 -4.0
PTL Inspire 500 ETF 0.1 9 20 4.3 -5.0
REVS Columbia Research Enhanced Value ETF 0.1 19 10 6.6 -2.6
TXS Texas Capital Texas Equity Index ETF 0.1 49 -20 4.9 -4.3
VFQY Vanguard U.S. Quality Factor ETF 0.1 13 16 5.5 -3.8
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 8 2.7 -6.5
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 11 5.5 -3.7
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 12 6.4 -2.8
RAFE PIMCO RAFI ESG U.S. ETF 0.1 29 0 6.1 -3.2
VONV Vanguard Russell 1000 Value ETF 0.1 7 22 5.4 -3.8
IWD iShares Russell 1000 Value ETF 0.1 19 10 5.3 -3.9
FMDE Fidelity Enhanced Mid Cap ETF 0.1 23 6 5.3 -3.9
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 17 5.4 -3.9
SCHK Schwab 1000 Index ETF 0.0 5 24 4.1 -5.1
ESG FlexShares Trust FlexShares STOXX US ESG Select Index Fund 0.0 32 -3 3.8 -5.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 18 4.0 -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 4.7 -4.5
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 25 2.9 -6.3
STXV Strive 1000 Value ETF 0.0 18 11 6.8 -2.4
THRO iShares U.S. Thematic Rotation Active ETF 0.0 90 -61 3.0 -6.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.0 9 20 4.2 -5.0
RECS Columbia Research Enhanced Core ETF 0.0 15 14 5.2 -4.1
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 15 4.0 -5.2
LRGF iShares U.S. Equity Factor ETF 0.0 8 21 4.4 -4.8
MNZL Manzil Russell Halal USA Broad MarketETF 0.0 40 -11 3.6 -5.6
VONE Vanguard Russell 1000 ETF 0.0 7 22 4.1 -5.2
IWB iShares Russell 1000 ETF 0.0 15 14 4.0 -5.2
IYY iShares Dow Jones U.S. ETF 0.0 20 9 3.9 -5.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 9 4.1 -5.2
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.0 75 -46 3.0 -6.2
AVUQ Avantis U.S. Quality ETF 0.0 15 14 3.4 -5.8
STXG Strive 1000 Growth ETF 0.0 18 11 3.1 -6.2
DSI iShares MSCI KLD 400 Social ETF 0.0 25 4 3.9 -5.3
GWX SPDR S&P International Small Cap ETF 0.0 40 -11 5.6 -3.6
RAUS RACWI US ETF 0.0 15 14 4.0 -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 -5.7
DGRO iShares Core Dividend Growth ETF 0.0 8 21 5.5 -3.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 26 5.6 -3.6
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 9.2 %
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.