Invesco S&P SmallCap Materials ETF
ALTAR
Score™		 10.3% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 18.6x P/Sales
ratio		 1.1x
P/BV
ratio		 1.9x Div.
yield		 1.9%


  • 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) $15
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 February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
18.1% 39.4% 11.0% 14.7% 10.0%

Market Correlations
versus... Beta R-squared
S&P500 1.08 54%
MSCI EAFE 1.20 48%
MSCI Emg. Mkts. 1.05 44%

Technical Indicators
Recent close $93.32
30d moving avg. $98.03
Annualized volatility 24.8%
Short interest (ETF) 1.8%
Short interest (Underlying) 5.8%
Relative strength (RSI) 49

Liquidity measures
Avg. volume (thou.) 2
Turnover 1.3%
Bid/Ask (% of price) 0.42%
ADV underlying (mns) $542

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 306 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™: 10.3%


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 17.8 35 -6 5.4 -4.9
SLVP iShares MSCI Global Silver Miners ETF 10.7 39 -10 3.8 -6.5
SILJ ETFMG Prime Junior Silver Miners ETF 8.9 69 -40 0.3 -9.9
CDIG City Different Investments Global Equity ETF 7.6 75 -46 -1.6 -11.9
TINT ProShares Smart Materials ETF 5.9 58 -29 6.2 -4.0
VIOV Vanguard S&P Small-Cap 600 Value ETF 5.9 10 19 9.9 -0.4
SLYV State Street SPDR S&P 600 Small Cap Value ETF 5.9 15 14 9.9 -0.4
SMDV ProShares Russell 2000 Dividend Growers ETF 5.9 40 -11 7.4 -2.9
IJS iShares S&P Small-Cap 600 Value ETF 5.9 18 11 9.9 -0.4
GOEX Global X Gold Explorers ETF 5.8 65 -36 1.9 -8.4
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 5.7 30 -1 14.2 +4.0
RWJ Invesco S&P SmallCap 600 Revenue ETF 5.5 39 -10 8.4 -1.9
FMAT Fidelity MSCI Materials Index ETF 5.5 8 21 5.2 -5.1
TCV Towle Value ETF 5.4 85 -56 10.8 +0.5
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 5.3 38 -9 9.7 -0.6
RZV Invesco S&P Smallcap 600 Pure Value ETF 5.3 35 -6 8.2 -2.1
VAW Vanguard Materials ETF 5.2 9 20 5.2 -5.1
SIL Global X Silver Miners ETF 5.1 65 -36 1.6 -8.7
JPSV JPMorgan Active Small Cap Value ETF 5.1 74 -45 8.2 -2.0
ESIX State Street SPDR S&P SmallCap 600 ESG ETF 5.0 12 17 7.4 -2.9
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 4.8 29 0 7.0 -3.3
IFRA iShares U.S. Infrastructure ETF 4.6 30 -1 5.8 -4.5
XJR iShares ESG Screened S&P Small-Cap ETF 4.5 12 17 6.9 -3.4
VIOO Vanguard S&P Small-Cap 600 ETF 4.4 7 22 6.9 -3.4
CUT Invesco MSCI Global Timber ETF 4.4 61 -32 8.2 -2.1
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 4.4 3 26 7.1 -3.2
IJR iShares Core S&P Small Cap ETF 4.4 6 23 7.0 -3.3
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 4.1 15 14 6.9 -3.4
ALIL Argent Focused Small Cap ETF 4.1 74 -45 6.2 -4.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 4.0 35 -6 6.4 -3.9
KROP Global X AgTech & Food Innovation ETF 3.8 50 -21 6.7 -3.6
DGLO First Trust RBA Deglobalization ETF 3.5 70 -41 5.6 -4.7
AVSC Avantis U.S Small Cap Equity ETF 3.2 25 4 5.2 -5.1
TMDV ProShares Russell US Dividend Growers ETF 3.2 35 -6 6.4 -3.9
RZG Invesco S&P Smallcap 600 Pure Growth ETF 3.2 35 -6 3.4 -6.9
SIMS State Street SPDR S&P Kensho Intelligent Structures ETF 3.1 45 -16 4.6 -5.7
GPT Intelligent Alpha Atlas ETF 3.1 69 -40 6.4 -3.8
GRPZ Invesco S&P SmallCap 600 GARP ETF 3.0 35 -6 6.8 -3.5
SCDV Bahl & Gaynor Small Cap Dividend ETF 3.0 70 -41 4.1 -6.2
FESM Fidelity Enhanced Small Cap ETF 3.0 28 1 2.6 -7.6
TPSC Timothy Plan US Small Cap Core ETF 3.0 52 -23 7.1 -3.2
VIOG Vanguard S&P Small-Cap 600 Growth ETF 3.0 10 19 4.0 -6.2
IJT iShares S&P Small-Cap 600 Growth ETF 3.0 18 11 4.1 -6.2
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 3.0 15 14 4.1 -6.2
OSCV Opus Small Cap Value ETF 2.9 79 -50 6.1 -4.2
ISMD Inspire Small/Mid Cap ETF 2.9 54 -25 5.9 -4.4
XSMO Invesco S&P SmallCap Momentum ETF 2.8 39 -10 4.1 -6.2
DES WisdomTree U.S. SmallCap Dividend Fund 2.8 38 -9 8.8 -1.5
NUSC Nuveen ESG Small-Cap ETF 2.8 31 -2 5.4 -4.9
AGMI Themes Silver Miners ETF 2.7 35 -6 3.9 -6.4
AVUV Avantis U.S. Small Cap Value ETF 2.7 25 4 8.8 -1.4
XSVM Invesco S&P SmallCap Value with Momentum ETF 2.6 36 -7 9.4 -0.9
AIVL WisdomTree U.S. AI Enhanced Value Fund 2.5 38 -9 5.4 -4.9
SAMT Strategas Macro Thematic Opportunities ETF 2.4 65 -36 2.5 -7.8
FNDA Schwab Fundamental US Small Co. Index ETF 2.4 25 4 6.7 -3.6
EES WisdomTree U.S. SmallCap Fund 2.4 38 -9 8.7 -1.6
WCEO Hypatia Women CEO ETF 2.4 85 -56 5.2 -5.1
GDXJ VanEck Junior Gold Miners ETF 2.4 52 -23 2.6 -7.7
WOOD iShares Global Timber & Forestry ETF 2.3 42 -13 11.1 +0.8
JMEE JPMorgan Market Expansion Enhanced Equity ETF 2.3 24 5 6.5 -3.8
SURE AdvisorShares Insiders Advantage ETF 2.3 90 -61 8.5 -1.8
IWN iShares Russell 2000 Value ETF 2.3 24 5 5.4 -4.9
VTWV Vanguard Russell 2000 Value ETF 2.3 10 19 5.5 -4.8
SIXS ETC 6 Meridian Small Cap Equity ETF 2.3 89 -60 8.4 -1.9
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 2.2 12 17 3.8 -6.5
BSVO EA Bridgeway Omni Small-Cap Value ETF 2.2 47 -18 8.7 -1.6
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 2.2 35 -6 9.4 -0.9
BKSE BNY Mellon US Small Cap Core Equity ETF 2.2 4 25 5.7 -4.5
FYT First Trust Small Cap Value AlphaDEX Fund 2.1 73 -44 10.8 +0.5
STXK Strive Small-Cap ETF 2.1 18 11 5.6 -4.6
JHSC John Hancock Multifactor Small Cap ETF 2.1 42 -13 6.5 -3.8
RSSL Global X Russell 2000 ETF 2.1 8 21 3.0 -7.2
FYX First Trust Small Cap Core AlphaDEX Fund 2.1 61 -32 6.1 -4.2
DSMC Distillate Small/Mid Cash Flow ETF 2.0 55 -26 11.7 +1.4
IWM iShares Russell 2000 ETF 2.0 19 10 3.0 -7.3
FDLS Inspire Fidelis Multi Factor ETF 2.0 76 -47 3.6 -6.7
CSMD Congress SMid Growth ETF 2.0 69 -40 3.6 -6.6
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 2.0 59 -30 5.0 -5.3
AFSM First Trust Active Factor Small Cap ETF 2.0 75 -46 6.6 -3.7
MID American Century Mid Cap Growth Impact ETF 1.9 45 -16 3.0 -7.3
SCHA Schwab U.S. Small-Cap ETF 1.9 4 25 4.9 -5.4
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.9 80 -51 7.0 -3.3
PRNT 3D Printing ETF 1.9 66 -37 1.5 -8.8
XSHQ Invesco S&P SmallCap Quality ETF 1.9 29 0 7.3 -3.0
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.8 9 20 4.2 -6.1
DFAS Dimensional U.S. Small Cap ETF 1.8 26 3 6.1 -4.2
QMOM Alpha Architect U.S. Quantitative Momentum ETF 1.8 39 -10 1.2 -9.1
IWO iShares Russell 2000 Growth ETF 1.8 24 5 0.6 -9.7
SCOW Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF 1.8 59 -30 8.9 -1.4
RNIN Bushido Capital US SMID Cap Equity ETF 1.8 70 -41 11.6 +1.3
VTWO Vanguard Russell 2000 ETF 1.7 7 22 3.1 -7.2
FXZ First Trust Materials AlphaDEX Fund 1.7 61 -32 7.3 -3.0
SQLV Royce Quant Small-Cap Quality Value ETF 1.7 60 -31 8.9 -1.4
MGMT Ballast Small/Mid Cap ETF 1.7 110 -81 7.9 -2.3
DFSV Dimensional US Small Cap Value ETF 1.7 31 -2 9.7 -0.6
DEEP Roundhill Acquirers Deep Value ETF 1.7 80 -51 17.4 +7.1
NIXT Research Affiliates Deletions ETF 1.7 9 20 7.5 -2.8
PSC Principal U.S. Small-Cap ETF 1.7 38 -9 4.1 -6.2
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.6 39 -10 2.6 -7.7
IYM iShares U.S. Basic Materials ETF 1.6 40 -11 4.7 -5.6
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.6 17 12 5.4 -4.8
VAMO Cambria Value & Momentum ETF 1.6 61 -32 5.3 -5.0
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.5 70 -41 2.3 -8.0
GDX VanEck Gold Miners ETF 1.5 51 -22 2.7 -7.6
AUAU Global X Gold Miners ETF 1.5 35 -6 2.3 -7.9
XSLV Invesco S&P SmallCap Low Volatility ETF 1.5 25 4 7.8 -2.5
SVAL iShares US Small Cap Value Factor ETF 1.5 20 9 8.2 -2.1
SAGP Strategas Global Policy Opportunities ETF 1.4 65 -36 4.8 -5.5
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 1.4 35 -6 6.9 -3.4
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.4 35 -6 6.4 -3.8
ISCV iShares Morningstar Small Cap Value ETF 1.4 6 23 8.4 -1.9
DFAT Dimensional U.S. Targeted Value ETF 1.4 28 1 9.4 -0.9
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.4 39 -10 3.9 -6.3
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.4 60 -31 -1.0 -11.2
HAPS Harbor Human Capital Factor US Small Cap ETF 1.4 60 -31 3.9 -6.4
VTWG Vanguard Russell 2000 Growth ETF 1.4 10 19 0.7 -9.5
NANR SPDR S&P North American Natural Resources ETF 1.4 35 -6 6.3 -4.0
GLRY Inspire Faithward Mid Cap Momentum ETF 1.4 80 -51 4.0 -6.3
ROSC Hartford Multifactor Small Cap ETF 1.3 34 -5 7.8 -2.5
FLOW Global X U.S. Cash Flow Kings 100 ETF 1.3 25 4 11.9 +1.7
FFOX FundX Future Fund Opportunities ETF 1.3 100 -71 2.5 -7.7
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.3 20 9 4.5 -5.7
ASCE Allspring SMID Core ETF 1.3 38 -9 3.4 -6.9
ISCB iShares Morningstar Small-Cap ETF 1.2 4 25 5.8 -4.4
VBR Vanguard Small Cap Value ETF 1.2 7 22 8.4 -1.9
PHO Invesco Water Resources ETF 1.2 60 -31 4.9 -5.4
AKAF The Frontier Economic Fund 1.2 20 9 5.4 -4.9
PAVE Global X U.S. Infrastructure Development ETF 1.2 47 -18 4.6 -5.7
FIW First Trust Water ETF 1.1 53 -24 5.0 -5.2
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.1 60 -31 6.1 -4.2
PXI Invesco Dorsey Wright Energy Momentum ETF 1.1 60 -31 5.2 -5.1
AMID Argent Mid Cap ETF Argent Mid Cap ETF 1.1 52 -23 5.3 -5.0
VFVA Vanguard U.S. Value Factor ETF 1.1 13 16 10.1 -0.2
SFLO VictoryShares Small Cap Free Cash Flow ETF 1.1 49 -20 8.8 -1.5
ISCG iShares Morningstar Small-Cap Growth ETF 1.1 6 23 3.0 -7.3
VXF Vanguard Extended Market ETF 1.1 5 24 4.1 -6.2
PICK iShares MSCI Global Metals & Mining Producers ETF 1.1 39 -10 8.9 -1.4
AVIE Avantis  Inflation Focused Equity ETF 1.1 25 4 6.2 -4.1
FYC First Trust Small Cap Growth AlphaDEX Fund 1.0 71 -42 -0.6 -10.9
VB Vanguard Small-Cap ETF 1.0 5 24 5.6 -4.7
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.9 40 -11 4.4 -5.9
POWR iShares U.S. Power Infrastructure ETF 0.9 40 -11 4.0 -6.3
SMOT VanEck Morningstar SMID Moat ETF 0.9 49 -20 6.8 -3.5
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.9 43 -14 5.4 -4.9
FSMD Fidelity Small-Mid Multifactor ETF 0.9 15 14 7.1 -3.2
ETHO Etho Climate Leadership U.S. ETF 0.8 47 -18 4.8 -5.5
ANEW ProShares MSCI Transformational Changes ETF 0.8 45 -16 4.7 -5.6
SMOX Horizon Small/Mid Cap Core Equity ETF 0.8 75 -46 5.8 -4.5
WSML iShares MSCI World Small-Cap ETF 0.8 15 14 5.8 -4.5
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.8 30 -1 4.2 -6.1
FDM First Trust Dow Jones Select MicroCap Index Fund 0.8 60 -31 7.5 -2.8
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.8 7 22 5.7 -4.5
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 0.8 55 -26 3.5 -6.8
SYLD Cambria Shareholder Yield ETF 0.8 59 -30 10.9 +0.6
IJK iShares S&P Mid-Cap 400 Growth ETF 0.8 17 12 4.4 -5.9
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.8 15 14 4.4 -5.9
SMLF iShares U.S. SmallCap Equity Factor ETF 0.8 15 14 5.4 -4.9
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.8 10 19 4.4 -5.9
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.8 25 4 8.5 -1.7
SIXL ETC 6 Meridian Low Beta Equity ETF 0.8 80 -51 5.9 -4.4
IGE iShares North American Natural Resources ETF 0.7 41 -12 5.6 -4.7
EFRA iShares Environmental Infrastructure and Industrials ETF 0.7 47 -18 5.0 -5.3
DXUV Dimensional US Vector Equity ETF 0.7 28 1 5.6 -4.6
RCGE RockCreek Global Equality ETF 0.7 95 -66 6.4 -3.9
SMCF Themes US Small Cap Cash Flow Champions ETF 0.7 29 0 10.6 +0.4
VBK Vanguard Small-Cap Growth ETF 0.7 7 22 1.4 -8.9
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 0.7 55 -26 9.7 -0.6
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.7 20 9 0.9 -9.4
EQAL Invesco Russell 1000 Equal Weight ETF 0.7 20 9 6.3 -3.9
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.7 64 -35 1.5 -8.8
CCNR ALPS CoreCommodity Natural Resources ETF 0.7 39 -10 8.2 -2.1
CGW Invesco S&P Global Water Index ETF 0.6 57 -28 4.5 -5.8
FNX First Trust Mid Cap Core AlphaDEX Fund 0.6 60 -31 6.7 -3.6
AFMC First Trust Active Factor Mid Cap ETF 0.6 65 -36 7.6 -2.6
FTRI First Trust Indxx Global Natural Resources Income ETF 0.6 70 -41 6.3 -4.0
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.6 20 9 9.1 -1.2
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.6 24 5 7.5 -2.8
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.5 15 14 5.5 -4.8
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.5 15 14 6.5 -3.8
GVLU Gotham 1000 Value ETF 0.5 50 -21 8.5 -1.7
VFMO Vanguard U.S. Momentum Factor ETF 0.5 13 16 1.9 -8.4
EZM WisdomTree U.S. MidCap Fund 0.5 38 -9 8.6 -1.7
TTAC FCF US Quality ETF 0.5 59 -30 5.3 -5.0
IWC iShares Micro-Cap ETF 0.5 60 -31 -1.5 -11.8
STXM Strive Mid-Cap ETF 0.5 18 11 5.7 -4.6
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.5 95 -66 -0.5 -10.8
DON WisdomTree U.S. MidCap Dividend Fund 0.5 38 -9 8.5 -1.8
CVAR Cultivar ETF 0.5 87 -58 7.1 -3.2
DVY iShares Select Dividend ETF 0.5 38 -9 8.3 -2.0
MOO VanEck Agribusiness ETF 0.4 53 -24 8.5 -1.7
MDY SPDR S&P Midcap 400 ETF Trust 0.4 23 6 6.3 -4.0
FAB First Trust Multi Cap Value AlphaDEX Fund 0.4 67 -38 9.1 -1.2
BFOR ALPS Barron's 400 ETF 0.4 65 -36 5.3 -5.0
EBI Longview Advantage ETF 0.4 35 -6 6.4 -3.9
IJH iShares Core S&P Mid-Cap ETF 0.4 5 24 6.5 -3.8
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.4 3 26 6.5 -3.8
IVOO Vanguard S&P Mid-Cap 400 ETF 0.4 7 22 6.5 -3.8
QQQS Invesco NASDAQ Future Gen 200 ETF 0.4 20 9 -4.4 -14.7
CVY Invesco Zacks Multi-Asset Income ETF 0.4 106 -77 10.6 +0.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 11 7.1 -3.2
GNR SPDR S&P Global Natural Resources ETF 0.4 40 -11 8.3 -1.9
HWAY Themes US Infrastructure ETF 0.4 29 0 5.1 -5.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 17 12 5.0 -5.2
FTAG First Trust Indxx Global Agriculture ETF 0.3 70 -41 7.1 -3.2
OCEN IQ Clean Oceans ETF 0.3 45 -16 4.5 -5.8
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 25 5.9 -4.4
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.3 20 9 5.7 -4.5
SLX VanEck Steel ETF 0.3 56 -27 12.1 +1.9
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.3 12 17 6.6 -3.6
VEGI iShares MSCI Agriculture Producers ETF 0.3 39 -10 7.4 -2.9
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 4 5.3 -5.0
DFUV Dimensional US Marketwide Value ETF 0.3 22 7 6.6 -3.7
SCHM Schwab U.S. Mid-Cap ETF 0.3 4 25 6.3 -4.0
FNDB Schwab Fundamental US Broad Market Index ETF 0.3 25 4 6.7 -3.6
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.3 35 -6 5.3 -5.0
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -60 4.8 -5.5
CALF Pacer US Small Cap Cash Cows 100 ETF 0.3 59 -30 9.9 -0.4
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 11 5.0 -5.3
JVAL JPMorgan U.S. Value Factor ETF 0.3 12 17 7.6 -2.7
SMMD iShares Russell 2500 ETF 0.3 15 14 6.1 -4.2
DCOR Dimensional US Core Equity 1 ETF 0.3 14 15 4.9 -5.3
SDY State Street SPDR S&P Dividend ETF 0.3 35 -6 6.1 -4.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 29 0 6.0 -4.3
LQPE PEO AlphaQuest Thematic PE ETF 0.2 125 -96 5.2 -5.1
AVUS Avantis U.S. Equity ETF 0.2 15 14 5.2 -5.1
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 9 7.6 -2.7
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.2 30 -1 7.7 -2.6
IWS iShares Russell Mid-Cap Value ETF 0.2 23 6 6.5 -3.8
DHS WisdomTree U.S. High Dividend Fund 0.2 38 -9 8.4 -1.9
PRF Invesco FTSE RAFI US 1000 ETF 0.2 34 -5 6.1 -4.1
JAVA JPMorgan Active Value ETF 0.2 44 -15 5.8 -4.4
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 14 5.5 -4.8
APUE ActivePassive U.S. Equity ETF 0.2 45 -16 4.3 -6.0
DEUS Xtrackers Russell US Multifactor ETF 0.2 17 12 6.7 -3.5
QLV FlexShares US Quality Low Volatility Index Fund 0.2 22 7 5.1 -5.2
IWR iShares Russell Midcap ETF 0.2 19 10 5.7 -4.6
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.2 20 9 6.5 -3.8
COPY Tweedy, Browne Insider + Value ETF 0.2 80 -51 16.1 +5.8
DFAU Dimensional US Core Equity Market ETF 0.2 12 17 4.6 -5.6
VFQY Vanguard U.S. Quality Factor ETF 0.1 13 16 5.9 -4.4
WDNA WisdomTree BioRevolution Fund 0.1 45 -16 -2.4 -12.7
OPTZ Optimize Strategy Index ETF 0.1 50 -21 4.2 -6.1
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 4 6.7 -3.6
PEXL Pacer US Export Leaders ETF 0.1 60 -31 3.5 -6.7
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.1 3 26 4.7 -5.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 26 4.5 -5.8
VTI Vanguard Total Stock Market ETF 0.1 3 26 4.4 -5.8
VTHR Vanguard Russell 3000 ETF 0.1 7 22 4.5 -5.8
TEXN iShares Texas Equity ETF 0.1 20 9 5.3 -5.0
IWV iShares Russell 3000 ETF 0.1 20 9 4.3 -5.9
SCHB Schwab U.S. Broad Market ETF 0.1 3 26 4.6 -5.7
DFUS Dimensional U.S. Equity ETF 0.1 9 20 4.4 -5.9
SFGV Sequoia Global Value ETF 0.1 23 6 7.5 -2.8
DTD WisdomTree U.S. Total Dividend Fund 0.1 28 1 6.0 -4.3
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 17 3.8 -6.4
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 14 4.9 -5.4
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 20 4.5 -5.7
VYM Vanguard High Dividend Yield Index ETF 0.1 6 23 6.4 -3.9
VIG Vanguard Dividend Appreciation ETF 0.1 5 24 5.2 -5.1
IYJ iShares U.S. Industrials ETF 0.1 40 -11 4.2 -6.1
PKW Invesco Buyback Achievers ETF 0.1 62 -33 7.6 -2.7
FELG Fidelity Enhanced Large Cap Growth ETF 0.1 18 11 3.5 -6.8
PFM Invesco Dividend Achievers ETF 0.1 53 -24 4.9 -5.4
THRO iShares U.S. Thematic Rotation Active ETF 0.1 90 -61 3.5 -6.8
AVUQ Avantis U.S. Quality ETF 0.1 15 14 3.8 -6.4
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 17 5.8 -4.5
PTL Inspire 500 ETF 0.1 9 20 4.7 -5.5
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 -13 5.8 -4.5
FDRR Fidelity Dividend ETF for Rising Rates 0.1 15 14 6.2 -4.1
VFMF Vanguard U.S. Multifactor ETF 0.1 18 11 7.2 -3.1
STXV Strive 1000 Value ETF 0.1 18 11 7.1 -3.1
IWD iShares Russell 1000 Value ETF 0.1 19 10 5.8 -4.5
VT Vanguard Total World Stock ETF 0.1 6 23 5.4 -4.9
VONV Vanguard Russell 1000 Value ETF 0.1 7 22 5.9 -4.4
SCHD Schwab US Dividend Equity ETF 0.1 6 23 8.3 -1.9
IUS Invesco RAFI Strategic US ETF 0.1 19 10 6.1 -4.2
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 8 3.2 -7.1
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 0.1 5 24 7.9 -2.4
CCSO Carbon Collective Climate Solutions US Equity ETF 0.1 35 -6 1.0 -9.3
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 -13 3.9 -6.4
TXS Texas Capital Texas Equity Index ETF 0.1 49 -20 5.1 -5.2
RAFE PIMCO RAFI ESG U.S. ETF 0.1 29 0 6.8 -3.5
SCHK Schwab 1000 Index ETF 0.1 5 24 4.6 -5.7
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 18 4.5 -5.8
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 25 3.4 -6.9
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.0 15 14 4.6 -5.6
REVS Columbia Research Enhanced Value ETF 0.0 19 10 7.2 -3.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 20 5.2 -5.0
DSI iShares MSCI KLD 400 Social ETF 0.0 25 4 4.5 -5.8
VONE Vanguard Russell 1000 ETF 0.0 7 22 4.5 -5.7
IWB iShares Russell 1000 ETF 0.0 15 14 4.5 -5.8
IYY iShares Dow Jones U.S. ETF 0.0 20 9 4.4 -5.9
FELV Fidelity Enhanced Large Cap Value ETF 0.0 18 11 6.0 -4.2
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 15 4.5 -5.8
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 -20 5.1 -5.2
STXG Strive 1000 Growth ETF 0.0 18 11 3.5 -6.8
RECS Columbia Research Enhanced Core ETF 0.0 15 14 5.7 -4.6
MNZL Manzil Russell Halal USA Broad MarketETF 0.0 40 -11 4.2 -6.0
GWX SPDR S&P International Small Cap ETF 0.0 40 -11 6.1 -4.2
RAUS RACWI US ETF 0.0 15 14 4.5 -5.8
DIVB iShares Core Dividend ETF 0.0 5 24 7.8 -2.5
AVMC Avantis U.S. Mid Cap Equity ETF 0.0 18 11 6.4 -3.9
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 9 4.6 -5.7
DGRO iShares Core Dividend Growth ETF 0.0 8 21 5.8 -4.5
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 26 6.2 -4.1
ACVF American Conservative Values ETF 0.0 75 -46 4.0 -6.3

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 1.8 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 10.3 %
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.