Invesco S&P SmallCap Materials ETF
ALTAR
Score™		 12.5% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 16.7x P/Sales
ratio		 1.0x
P/BV
ratio		 1.7x Div.
yield		 2.0%


  • 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) $13
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) $2,996
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 September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
5.6% -3.2% 15.4% 10.7% 8.4%

Market Correlations
versus... Beta R-squared
S&P500 1.45 56%
MSCI EAFE 1.06 37%
MSCI Emg. Mkts. 0.59 13%

Technical Indicators
Recent close $78.78
30d moving avg. $77.23
Annualized volatility 26.1%
Short interest (ETF) 0.1%
Short interest (Underlying) 5.8%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.6%
Bid/Ask (% of price) 0.36%
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™: 12.5%


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 SPDR S&P Metals & Mining ETF 19.1 35 -6 5.6 -7.0
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 18.9 60 -31 5.7 -6.8
SLVP iShares MSCI Global Silver Miners ETF 10.7 39 -10 5.0 -7.5
SILJ ETFMG Prime Junior Silver Miners ETF 10.7 69 -40 1.6 -10.9
SLX VanEck Steel ETF 8.1 56 -27 14.1 +1.5
SIL Global X Silver Miners ETF 6.6 65 -36 2.3 -10.3
IJS iShares S&P Small-Cap 600 Value ETF 6.6 18 11 9.7 -2.9
SLYV SPDR S&P 600 Small Cap Value ETF 6.1 15 14 9.7 -2.8
VIOV Vanguard S&P Small-Cap 600 Value ETF 6.0 10 19 9.7 -2.8
SMDV ProShares Russell 2000 Dividend Growers ETF 5.9 40 -11 7.6 -5.0
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 5.7 30 -1 13.7 +1.1
TINT ProShares Smart Materials ETF 5.6 58 -29 7.1 -5.4
RWJ Invesco S&P SmallCap 600 Revenue ETF 5.5 39 -10 9.6 -2.9
GOEX Global X Gold Explorers ETF 5.4 65 -36 2.3 -10.3
RZV Invesco S&P Smallcap 600 Pure Value ETF 5.3 35 -6 10.2 -2.4
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 5.3 38 -9 10.1 -2.5
IJR iShares Core S&P Small Cap ETF 5.2 6 23 7.6 -4.9
FMAT Fidelity MSCI Materials Index ETF 5.2 8 21 6.2 -6.3
VAW Vanguard Materials ETF 5.1 9 20 6.2 -6.3
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 5.0 29 0 8.2 -4.4
SPSM SPDR Portfolio S&P 600 Small Cap ETF 4.8 3 26 7.6 -4.9
VIOO Vanguard S&P Small-Cap 600 ETF 4.8 7 22 7.6 -5.0
ESIX SPDR S&P SmallCap 600 ESG ETF 4.7 12 17 8.1 -4.4
CUT Invesco MSCI Global Timber ETF 4.4 61 -32 11.3 -1.3
XJR iShares ESG Screened S&P Small-Cap ETF 4.3 12 17 7.4 -5.2
IFRA iShares U.S. Infrastructure ETF 4.3 30 -1 6.3 -6.2
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 4.1 15 14 7.9 -4.7
IJT iShares S&P Small-Cap 600 Growth ETF 3.8 18 11 5.5 -7.1
NDIV Amplify Natural Resources Dividend Income ETF 3.8 59 -30 14.9 +2.4
VIOG Vanguard S&P Small-Cap 600 Growth ETF 3.7 10 19 5.6 -6.9
SLYG SPDR S&P 600 Small Cap Growth ETF 3.7 15 14 5.5 -7.0
KROP Global X AgTech & Food Innovation ETF 3.5 50 -21 2.0 -10.6
ISMD Inspire Small/Mid Cap ETF 3.3 54 -25 5.6 -7.0
FESM Fidelity Enhanced Small Cap ETF 3.2 28 1 7.0 -5.5
TPSC Timothy Plan US Small Cap Core ETF 3.2 52 -23 6.9 -5.6
RZG Invesco S&P Smallcap 600 Pure Growth ETF 3.2 35 -6 4.1 -8.5
AVSC Avantis U.S Small Cap Equity ETF 3.2 25 4 5.5 -7.0
ALIL Argent Focused Small Cap ETF 3.1 74 -45 7.4 -5.2
SIXS ETC 6 Meridian Small Cap Equity ETF 3.1 89 -60 10.0 -2.6
GRPZ Invesco S&P SmallCap 600 GARP ETF 3.0 35 -6 7.5 -5.0
SYNB Putnam BioRevolution ETF 3.0 70 -41 2.8 -9.7
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 3.0 35 -6 9.4 -3.2
FXZ First Trust Materials AlphaDEX Fund 3.0 61 -32 10.0 -2.6
TMDV ProShares Russell US Dividend Growers ETF 3.0 35 -6 6.7 -5.9
DES WisdomTree U.S. SmallCap Dividend Fund 3.0 38 -9 9.5 -3.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 2.9 35 -6 7.8 -4.7
XSMO Invesco S&P SmallCap Momentum ETF 2.8 39 -10 5.6 -6.9
BSVO EA Bridgeway Omni Small-Cap Value ETF 2.7 47 -18 9.1 -3.4
SCDV Bahl & Gaynor Small Cap Dividend ETF 2.7 70 -41 4.6 -8.0
JSML Janus Henderson Small Cap Growth Alpha ETF 2.7 30 -1 7.7 -4.9
OSCV Opus Small Cap Value ETF 2.7 79 -50 6.7 -5.9
AGMI Themes Silver Miners ETF 2.6 35 -6 4.1 -8.5
XSVM Invesco S&P SmallCap Value with Momentum ETF 2.6 36 -7 10.8 -1.7
AVUV Avantis U.S. Small Cap Value ETF 2.5 25 4 9.9 -2.6
MID American Century Mid Cap Growth Impact ETF 2.5 45 -16 3.3 -9.3
AFSM First Trust Active Factor Small Cap ETF 2.5 75 -46 7.8 -4.8
GDXJ VanEck Junior Gold Miners ETF 2.5 52 -23 3.4 -9.1
FYT First Trust Small Cap Value AlphaDEX Fund 2.4 73 -44 10.9 -1.7
ROSC Hartford Multifactor Small Cap ETF 2.4 34 -5 9.4 -3.1
STXK Strive Small-Cap ETF 2.4 18 11 5.8 -6.7
BKSE BNY Mellon US Small Cap Core Equity ETF 2.3 4 25 5.8 -6.7
WOOD iShares Global Timber & Forestry ETF 2.3 42 -13 13.0 +0.5
FYX First Trust Small Cap Core AlphaDEX Fund 2.3 61 -32 5.8 -6.7
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 2.3 12 17 7.6 -5.0
FNDA Schwab Fundamental US Small Co. Index ETF 2.2 25 4 8.4 -4.2
CSMD Congress SMid Growth ETF 2.2 69 -40 3.9 -8.7
EES WisdomTree U.S. SmallCap Fund 2.2 38 -9 8.9 -3.6
WCEO Hypatia Women CEO ETF 2.1 85 -56 3.8 -8.7
IYM iShares U.S. Basic Materials ETF 2.1 40 -11 6.0 -6.5
IWN iShares Russell 2000 Value ETF 2.1 24 5 7.1 -5.4
VTWV Vanguard Russell 2000 Value ETF 2.1 10 19 7.1 -5.4
PSC Principal U.S. Small-Cap ETF 2.1 38 -9 6.7 -5.8
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 2.0 9 20 4.1 -8.5
DEEP Roundhill Acquirers Deep Value ETF 2.0 80 -51 17.8 +5.2
SURE AdvisorShares Insiders Advantage ETF 1.9 90 -61 9.8 -2.8
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.9 35 -6 9.6 -3.0
GLRY Inspire Faithward Mid Cap Momentum ETF 1.9 80 -51 5.8 -6.7
XSHQ Invesco S&P SmallCap Quality ETF 1.9 29 0 7.5 -5.1
RSSL Global X Russell 2000 ETF 1.8 8 21 4.2 -8.3
AIVL WisdomTree U.S. AI Enhanced Value Fund 1.8 38 -9 6.3 -6.2
DFSV Dimensional US Small Cap Value ETF 1.8 31 -2 10.3 -2.3
VTWO Vanguard Russell 2000 ETF 1.8 7 22 4.2 -8.4
IWM iShares Russell 2000 ETF 1.8 19 10 4.1 -8.4
GDX VanEck Gold Miners ETF 1.8 51 -22 2.7 -9.9
SQLV Royce Quant Small-Cap Quality Value ETF 1.8 60 -31 9.7 -2.9
DFAS Dimensional U.S. Small Cap ETF 1.8 26 3 6.4 -6.1
DFAT Dimensional U.S. Targeted Value ETF 1.7 28 1 9.5 -3.1
SCHA Schwab U.S. Small-Cap ETF 1.7 4 25 5.8 -6.8
RNSC Furst Trust Small Cap US Equity Select ETF 1.7 60 -31 6.2 -6.3
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 1.6 55 -26 4.7 -7.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.6 39 -10 5.2 -7.3
ISCV iShares Morningstar Small Cap Value ETF 1.6 6 23 9.3 -3.2
VFVA Vanguard U.S. Value Factor ETF 1.6 13 16 11.1 -1.5
NANR SPDR S&P North American Natural Resources ETF 1.6 35 -6 7.5 -5.0
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 1.5 35 -6 7.3 -5.3
COWS Amplify Cash Flow Dividend Leaders ETF 1.5 0 29 12.2 -0.4
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.5 20 9 5.6 -7.0
VTWG Vanguard Russell 2000 Growth ETF 1.5 10 19 1.4 -11.2
IWO iShares Russell 2000 Growth ETF 1.5 24 5 1.2 -11.3
NIXT Research Affiliates Deletions ETF 1.5 9 20 8.7 -3.9
XSLV Invesco S&P SmallCap Low Volatility ETF 1.5 25 4 7.7 -4.9
PRNT 3D Printing ETF 1.4 66 -37 1.2 -11.4
ANEW ProShares MSCI Transformational Changes ETF 1.4 45 -16 6.1 -6.4
NUSC Nuveen ESG Small-Cap ETF 1.4 31 -2 5.3 -7.3
SMOT VanEck Morningstar SMID Moat ETF 1.4 49 -20 6.6 -5.9
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.4 39 -10 5.8 -6.8
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.4 60 -31 1.9 -10.7
PAVE Global X U.S. Infrastructure Development ETF 1.4 47 -18 5.1 -7.4
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.4 30 -1 6.7 -5.8
VBR Vanguard Small Cap Value ETF 1.3 7 22 9.2 -3.3
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.3 60 -31 7.6 -4.9
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.3 70 -41 2.7 -9.8
SVAL iShares US Small Cap Value Factor ETF 1.3 20 9 10.5 -2.0
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.3 80 -51 8.0 -4.5
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.3 17 12 5.6 -6.9
SRHQ SRH U.S. Quality ETF 1.2 35 -6 7.7 -4.9
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 1.2 85 -56 8.8 -3.7
FYC First Trust Small Cap Growth AlphaDEX Fund 1.2 71 -42 0.4 -12.2
PHO Invesco Water Resources ETF 1.2 60 -31 4.4 -8.2
FIW First Trust Water ETF 1.2 53 -24 4.7 -7.9
ISCB iShares Morningstar Small-Cap ETF 1.2 4 25 6.1 -6.4
HAPS Harbor Human Capital Factor US Small Cap ETF 1.2 60 -31 3.9 -8.6
FSMD Fidelity Small-Mid Multifactor ETF 1.2 15 14 7.2 -5.4
CVAR Cultivar ETF 1.2 87 -58 6.6 -5.9
DSMC Distillate Small/Mid Cash Flow ETF 1.2 55 -26 12.4 -0.2
JHSC John Hancock Multifactor Small Cap ETF 1.2 42 -13 6.6 -5.9
FTRI First Trust Indxx Global Natural Resources Income ETF 1.1 70 -41 7.4 -5.2
PXI Invesco Dorsey Wright Energy Momentum ETF 1.1 60 -31 6.8 -5.8
CCNR ALPS CoreCommodity Natural Resources ETF 1.1 39 -10 10.1 -2.5
SAGP Strategas Global Policy Opportunities ETF 1.1 65 -36 5.4 -7.1
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.1 24 5 7.7 -4.8
MOO VanEck Agribusiness ETF 1.1 53 -24 10.7 -1.9
PICK iShares MSCI Global Metals & Mining Producers ETF 1.0 39 -10 11.3 -1.2
VAMO Cambria Value & Momentum ETF 1.0 61 -32 5.8 -6.8
MGMT Ballast Small/Mid Cap ETF 0.9 110 -81 8.5 -4.0
FNX First Trust Mid Cap Core AlphaDEX Fund 0.9 60 -31 7.3 -5.3
VB Vanguard Small-Cap ETF 0.9 5 24 6.1 -6.4
HKND Humankind US Stock ETF 0.9 11 18 6.9 -5.6
VXF Vanguard Extended Market ETF 0.9 5 24 4.6 -7.9
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.9 7 22 6.0 -6.5
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.9 43 -14 6.1 -6.4
FFOX FundX Future Fund Opportunities ETF 0.9 100 -71 4.2 -8.3
EZM WisdomTree U.S. MidCap Fund 0.9 38 -9 9.2 -3.3
AVIE Avantis  Inflation Focused Equity ETF 0.8 25 4 7.3 -5.2
DON WisdomTree U.S. MidCap Dividend Fund 0.8 38 -9 9.1 -3.4
FDM First Trust Dow Jones Select MicroCap Index Fund 0.8 60 -31 7.6 -4.9
ISCG iShares Morningstar Small-Cap Growth ETF 0.8 6 23 2.8 -9.7
FTAG First Trust Indxx Global Agriculture ETF 0.8 70 -41 8.6 -3.9
ETHO Etho Climate Leadership U.S. ETF 0.8 47 -18 5.3 -7.3
VEGI iShares MSCI Agriculture Producers ETF 0.8 39 -10 9.0 -3.6
SMLF iShares U.S. SmallCap Equity Factor ETF 0.8 15 14 5.9 -6.7
CGV Conductor Global Equity Value ETF 0.7 130 -101 8.3 -4.3
DXUV Dimensional US Vector Equity ETF 0.7 28 1 6.2 -6.3
VFMF Vanguard U.S. Multifactor ETF 0.7 18 11 8.0 -4.6
JAVA JPMorgan Active Value ETF 0.7 44 -15 6.4 -6.2
EQAL Invesco Russell 1000 Equal Weight ETF 0.7 20 9 6.8 -5.8
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.7 24 5 8.2 -4.3
FAB First Trust Multi Cap Value AlphaDEX Fund 0.6 67 -38 10.1 -2.5
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.6 64 -35 2.2 -10.4
EFRA iShares Environmental Infrastructure and Industrials ETF 0.6 47 -18 5.2 -7.4
CGW Invesco S&P Global Water Index ETF 0.6 57 -28 4.6 -8.0
IGE iShares North American Natural Resources ETF 0.6 41 -12 7.4 -5.1
SYLD Cambria Shareholder Yield ETF 0.6 59 -30 12.1 -0.5
DVY iShares Select Dividend ETF 0.6 38 -9 9.1 -3.5
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.6 25 4 7.8 -4.7
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.6 15 14 7.6 -4.9
ONEY SPDR Russell 1000 Yield Focus ETF 0.6 20 9 9.7 -2.8
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 0.5 59 -30 6.3 -6.3
FNK First Trust Mid Cap Value AlphaDEX Fund 0.5 70 -41 11.3 -1.3
IWC iShares Micro-Cap ETF 0.5 60 -31 -0.8 -13.3
WDNA WisdomTree BioRevolution Fund 0.5 45 -16 -1.2 -13.8
SMCF Themes US Small Cap Cash Flow Champions ETF 0.5 29 0 12.6 +0.0
TTAC FCF US Quality ETF 0.5 59 -30 6.5 -6.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.5 46 -17 9.7 -2.8
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.5 61 -32 6.6 -5.9
EBI Longview Advantage ETF 0.4 35 -6 6.5 -6.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.4 4 25 6.2 -6.4
FMDE Fidelity Enhanced Mid Cap ETF 0.4 23 6 5.9 -6.7
KOMP SPDR S&P Kensho New Economies Composite ETF 0.4 20 9 2.3 -10.2
GNR SPDR S&P Global Natural Resources ETF 0.4 40 -11 10.8 -1.7
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.4 95 -66 0.5 -12.1
SFLO VictoryShares Small Cap Free Cash Flow ETF 0.4 49 -20 11.6 -0.9
QQQS Invesco NASDAQ Future Gen 200 ETF 0.4 20 9 -3.6 -16.1
VBK Vanguard Small-Cap Growth ETF 0.4 7 22 1.9 -10.6
SFYX SoFi Next 500 ETF 0.4 0 29 5.8 -6.8
CALF Pacer US Small Cap Cash Cows 100 ETF 0.4 59 -30 11.0 -1.6
FVD First Trust Value Line Dividend Index Fund 0.4 65 -36 6.3 -6.2
CVY Invesco Zacks Multi-Asset Income ETF 0.4 106 -77 12.9 +0.3
RCGE RockCreek Global Equality ETF 0.4 95 -66 6.7 -5.8
GVLU Gotham 1000 Value ETF 0.4 50 -21 9.0 -3.6
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 0.4 55 -26 10.3 -2.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 11 7.7 -4.8
AUSF Global X Adaptive U.S. Factor ETF 0.3 27 2 8.9 -3.7
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 4 5.6 -7.0
AFMC First Trust Active Factor Mid Cap ETF 0.3 65 -36 8.5 -4.0
DFUV Dimensional US Marketwide Value ETF 0.3 22 7 7.5 -5.0
COPY Tweedy, Browne Insider + Value ETF 0.3 80 -51 11.9 -0.7
SDY SPDR S&P Dividend ETF 0.3 35 -6 6.7 -5.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.3 17 12 5.5 -7.1
BFOR ALPS Barron's 400 ETF 0.3 65 -36 6.1 -6.5
VFMO Vanguard U.S. Momentum Factor ETF 0.3 13 16 2.8 -9.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 29 0 6.4 -6.1
VLU SPDR S&P 1500 Value Tilt ETF 0.3 12 17 7.4 -5.2
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -60 4.8 -7.7
SCHM Schwab U.S. Mid-Cap ETF 0.3 4 25 6.6 -5.9
TPHD Timothy Plan High Dividend Stock ETF 0.3 52 -23 7.2 -5.4
TPHE Timothy Plan High Dividend Stock Enhanced ETF 0.3 54 -25 7.0 -5.5
SMMD iShares Russell 2500 ETF 0.3 15 14 6.1 -6.4
HWAY Themes US Infrastructure ETF 0.3 29 0 6.0 -6.5
OCEN IQ Clean Oceans ETF 0.3 45 -16 6.1 -6.5
FNDB Schwab Fundamental US Broad Market Index ETF 0.3 25 4 7.1 -5.4
AVUS Avantis U.S. Equity ETF 0.3 15 14 5.7 -6.9
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 11 5.3 -7.2
FTWO Strive FAANG 2.0 ETF 0.2 49 -20 4.0 -8.5
DCOR Dimensional US Core Equity 1 ETF 0.2 14 15 5.3 -7.2
DHS WisdomTree U.S. High Dividend Fund 0.2 38 -9 8.1 -4.4
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 14 5.9 -6.6
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 9 7.8 -4.8
VFQY Vanguard U.S. Quality Factor ETF 0.2 13 16 6.4 -6.1
JVAL JPMorgan U.S. Value Factor ETF 0.2 12 17 8.0 -4.5
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.2 15 14 6.1 -6.5
FDRR Fidelity Dividend ETF for Rising Rates 0.2 15 14 6.9 -5.6
FELV Fidelity Enhanced Large Cap Value ETF 0.2 18 11 6.7 -5.9
IWS iShares Russell Mid-Cap Value ETF 0.2 23 6 6.8 -5.8
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.2 30 -1 8.5 -4.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 20 6.1 -6.4
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 -10 6.7 -5.9
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 15 4.8 -7.8
USMF WisdomTree U.S. Multifactor Fund 0.2 28 1 7.2 -5.4
JHMM John Hancock Multifactor Mid Cap ETF 0.2 42 -13 6.4 -6.1
SCHD Schwab US Dividend Equity ETF 0.2 6 23 10.0 -2.5
IWR iShares Russell Midcap ETF 0.2 19 10 5.8 -6.7
DTD WisdomTree U.S. Total Dividend Fund 0.2 28 1 6.3 -6.3
DFAU Dimensional US Core Equity Market ETF 0.1 12 17 5.0 -7.6
APUE ActivePassive U.S. Equity ETF 0.1 45 -16 4.5 -8.0
OPTZ Optimize Strategy Index ETF 0.1 50 -21 4.6 -8.0
FDL First Trust Morningstar Dividend Leaders Index Fund 0.1 45 -16 10.8 -1.8
CCMG CCM Global Equity ETF 0.1 34 -5 8.4 -4.2
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.1 52 -23 5.6 -6.9
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.1 58 -29 5.5 -7.1
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 26 5.1 -7.5
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 26 4.8 -7.8
VTI Vanguard Total Stock Market ETF 0.1 3 26 4.8 -7.8
SHUS Syntax Stratified U.S. Total Market Hedged ETF 0.1 65 -36 6.4 -6.2
SSPY Syntax Stratified LargeCap ETF 0.1 30 -1 6.7 -5.9
IWV iShares Russell 3000 ETF 0.1 20 9 4.7 -7.9
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 4 7.1 -5.5
VTHR Vanguard Russell 3000 ETF 0.1 7 22 4.8 -7.8
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.1 5 24 8.0 -4.5
DFUS Dimensional U.S. Equity ETF 0.1 9 20 4.7 -7.8
SCHB Schwab U.S. Broad Market ETF 0.1 3 26 4.9 -7.6
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 20 5.2 -7.4
AVUQ Avantis U.S. Quality ETF 0.1 15 14 4.3 -8.2
VYM Vanguard High Dividend Yield Index ETF 0.1 6 23 7.0 -5.5
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.1 20 9 6.3 -6.2
DEW WisdomTree Global High Dividend Fund 0.1 58 -29 8.4 -4.2
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 17 6.5 -6.1
VIG Vanguard Dividend Appreciation ETF 0.1 5 24 5.5 -7.0
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 20 4.6 -7.9
PKW Invesco Buyback Achievers ETF 0.1 62 -33 7.2 -5.3
STXV Strive 1000 Value ETF 0.1 18 11 8.0 -4.6
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 9 7.1 -5.5
PFM Invesco Dividend Achievers ETF 0.1 53 -24 5.2 -7.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.1 15 14 4.6 -8.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 8 3.6 -9.0
CFA VictoryShares US 500 Volatility Wtd ETF 0.1 35 -6 6.0 -6.6
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.1 40 -11 5.9 -6.6
HDUS Hartford Disciplined US Equity ETF 0.1 19 10 5.6 -6.9
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 14 5.3 -7.3
REVS Columbia Research Enhanced Value ETF 0.1 19 10 7.5 -5.0
IYJ iShares U.S. Industrials ETF 0.1 40 -11 4.7 -7.8
VONV Vanguard Russell 1000 Value ETF 0.1 7 22 6.5 -6.0
CCSO Carbon Collective Climate Solutions US Equity ETF 0.1 35 -6 0.9 -11.6
IWD iShares Russell 1000 Value ETF 0.1 19 10 6.4 -6.2
VT Vanguard Total World Stock ETF 0.1 6 23 5.7 -6.8
IUS Invesco RAFI Strategic US ETF 0.1 19 10 6.8 -5.7
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 14 7.8 -4.7
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 14 4.8 -7.7
DIVB iShares Core Dividend ETF 0.0 5 24 8.1 -4.4
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 12 7.1 -5.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 18 4.8 -7.7
JHML John Hancock Multifactor Large Cap ETF 0.0 29 0 5.3 -7.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 9 5.0 -7.6
TXS Texas Capital Texas Equity Index ETF 0.0 49 -20 5.6 -6.9
DGRW WisdomTree US Quality Dividend Growth Fund 0.0 28 1 5.5 -7.1
RECS Columbia Research Enhanced Core ETF 0.0 15 14 5.6 -7.0
SNPV Xtrackers S&P 500 Value ESG ETF 0.0 15 14 6.6 -6.0
AVMC Avantis U.S. Mid Cap Equity ETF 0.0 18 11 7.0 -5.6
SCHK Schwab 1000 Index ETF 0.0 5 24 4.9 -7.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.0 12 17 4.5 -8.1
DSI iShares MSCI KLD 400 Social ETF 0.0 25 4 4.7 -7.8
IWB iShares Russell 1000 ETF 0.0 15 14 4.8 -7.8
VONE Vanguard Russell 1000 ETF 0.0 7 22 4.8 -7.7
IYY iShares Dow Jones U.S. ETF 0.0 20 9 4.7 -7.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 20 5.5 -7.0
ROUS Hartford Multifactor US Equity ETF 0.0 19 10 7.0 -5.6
DFLV Dimensional US Large Cap Value ETF 0.0 22 7 7.8 -4.8
DGRO iShares Core Dividend Growth ETF 0.0 8 21 6.5 -6.1
GWX SPDR S&P International Small Cap ETF 0.0 40 -11 5.9 -6.7
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 17 4.5 -8.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 27 4.8 -7.7
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 10 6.3 -6.2
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 -20 5.5 -7.0
SNPE Xtrackers S&P 500 ESG ETF 0.0 10 19 5.0 -7.6
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 26 6.8 -5.8
ACVF American Conservative Values ETF 0.0 75 -46 4.4 -8.2

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 20.1 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 12.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.58 CATEGORY
AVERAGE		 1.59
 
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.