Invesco S&P SmallCap Materials ETF
ALTAR
Score™		 8.0% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 20.1x P/Sales
ratio		 1.2x
P/BV
ratio		 2.3x Div.
yield		 1.2%


  • 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) $20
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 29
Wgt avg mkt cap (mns) $4,184
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 82.5%
Small cap (<$2bn) 17.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
CARPENTER TECHNOLOGY 11.7 %
ALLEGHENY TECHNOLOGIES INC 9.3 %
BALCHEM CORP 7.7 %
SEALED AIR CORP 7.0 %
H.B. FULLER CO. 5.5 %
WARRIOR MET COAL, INC. 4.6 %
SENSIENT TECHNOLOGIES CORP 4.3 %
INNOSPEC INC 4.0 %
ARCH COAL INC CLASS A 4.0 %
SYLVAMO CORPORATION 3.9 %
Total 61.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 100.0 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
3.0% 28.0% 12.6% 6.7% 8.5%

Market Correlations
versus... Beta R-squared
S&P500 1.10 55%
MSCI EAFE 1.15 62%
MSCI Emg. Mkts. 0.84 32%

Technical Indicators
Recent close $82.23
30d moving avg. $78.34
Annualized volatility 25.8%
Short interest (ETF) 0.0%
Short interest (Underlying) 5.8%
Relative strength (RSI) 46

Liquidity measures
Avg. volume (thou.) 2
Turnover 0.8%
Bid/Ask (% of price) 0.31%
ADV underlying (mns) $714

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 282 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™: 8.0%


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 29.7 35 -6 8.3 +0.3
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 22.7 60 -31 5.2 -2.8
SLX VanEck Steel ETF 17.5 56 -27 21.4 +13.4
XSMO Invesco S&P SmallCap Momentum ETF 7.4 39 -10 6.8 -1.1
ZIG Acquirers Fund 7.1 84 -55 13.1 +5.1
IJT iShares S&P Small-Cap 600 Growth ETF 6.7 18 11 5.8 -2.2
VIOG Vanguard S&P Small-Cap 600 Growth ETF 6.4 15 14 5.8 -2.2
SLYG SPDR S&P 600 Small Cap Growth ETF 6.4 15 14 5.8 -2.2
IFRA iShares U.S. Infrastructure ETF 6.2 30 -1 5.9 -2.0
XSHQ Invesco S&P SmallCap Quality ETF 6.2 29 0 8.3 +0.4
RZG Invesco S&P Smallcap 600 Pure Growth ETF 6.1 35 -6 5.9 -2.1
CALF Pacer US Small Cap Cash Cows 100 ETF 6.0 59 -30 5.1 -2.9
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 5.9 15 14 7.5 -0.5
XSVM Invesco S&P SmallCap Value with Momentum ETF 5.9 36 -7 11.1 +3.2
GRPZ Invesco S&P SmallCap 600 GARP ETF 5.8 35 -6 9.8 +1.8
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 5.6 38 -9 4.9 -3.1
IJR iShares Core S&P Small Cap ETF 5.4 6 23 6.6 -1.3
FMAT Fidelity MSCI Materials Index ETF 5.4 8 21 6.4 -1.6
ESIX SPDR S&P SmallCap 600 ESG ETF 5.4 12 17 7.4 -0.5
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 5.3 29 0 6.5 -1.4
RWJ Invesco S&P SmallCap 600 Revenue ETF 5.3 39 -10 7.5 -0.4
VIOO Vanguard S&P Small-Cap 600 ETF 5.3 10 19 6.6 -1.4
SPSM SPDR Portfolio S&P 600 Small Cap ETF 5.2 3 26 6.7 -1.3
XJR iShares ESG Screened S&P Small-Cap ETF 5.2 12 17 7.0 -1.0
VAW Vanguard Materials ETF 5.2 10 19 6.3 -1.6
PXI Invesco Dorsey Wright Energy Momentum ETF 5.0 60 -31 5.8 -2.1
XSLV Invesco S&P SmallCap Low Volatility ETF 4.8 25 4 6.8 -1.2
SMDV ProShares Russell 2000 Dividend Growers ETF 4.7 40 -11 6.4 -1.6
ECML Euclidean Fundamental Value ETF 4.7 95 -66 12.2 +4.3
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 4.7 30 -1 10.0 +2.0
DSMC Distillate Small/Mid Cash Flow ETF 4.6 55 -26 12.2 +4.3
RZV Invesco S&P Smallcap 600 Pure Value ETF 4.4 35 -6 8.1 +0.1
FESM Fidelity Enhanced Small Cap ETF 4.4 28 1 1.7 -6.3
IJS iShares S&P Small-Cap 600 Value ETF 4.3 18 11 7.4 -0.6
VIOV Vanguard S&P Small-Cap 600 Value ETF 4.2 15 14 7.4 -0.5
SLYV SPDR S&P 600 Small Cap Value ETF 4.1 15 14 7.4 -0.5
CUT Invesco MSCI Global Timber ETF 4.1 61 -32 8.4 +0.4
OCTA Octane All-Cap Value Energy ETF 4.0 30 -1 12.7 +4.7
WOOD iShares Global Timber & Forestry ETF 3.9 42 -13 9.8 +1.8
SURE AdvisorShares Insiders Advantage ETF 3.5 90 -61 9.3 +1.3
AVUV Avantis U.S. Small Cap Value ETF 3.5 25 4 8.8 +0.9
JSML Janus Henderson Small Cap Growth Alpha ETF 3.4 30 -1 6.5 -1.5
BKSE BNY Mellon US Small Cap Core Equity ETF 3.4 4 25 4.8 -3.2
TPSC Timothy Plan US Small Cap Core ETF 3.3 52 -23 6.5 -1.4
PICK iShares MSCI Global Metals & Mining Producers ETF 3.3 39 -10 12.8 +4.9
ROSC Hartford Multifactor Small Cap ETF 3.3 34 -5 8.6 +0.7
TMDV ProShares Russell US Dividend Growers ETF 3.2 35 -6 5.9 -2.1
DES WisdomTree U.S. SmallCap Dividend Fund 3.2 38 -9 6.8 -1.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 3.2 35 -6 6.2 -1.8
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 3.1 42 -13 6.1 -1.8
PSC Principal U.S. Small-Cap ETF 3.0 38 -9 5.9 -2.1
SETM Sprott Energy Transition Materials ETF 3.0 65 -36 6.0 -2.0
REMX VanEck Rare Earth/Strategic Metals ETF 3.0 54 -25 13.9 +6.0
SMCP AlphaMark Actively Managed Small Cap ETF 3.0 90 -61 3.9 -4.1
AVSC Avantis U.S Small Cap Equity ETF 2.9 25 4 4.7 -3.3
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 2.8 59 -30 3.9 -4.1
AFSM First Trust Active Factor Small Cap ETF 2.8 75 -46 6.3 -1.7
FLQS Franklin U.S. Small Cap Multifactor Index ETF 2.8 35 -6 6.6 -1.4
RSHO Tema American Reshoring ETF 2.8 75 -46 3.4 -4.6
VAMO Cambria Value & Momentum ETF 2.8 61 -32 8.2 +0.3
EATV VegTech Plant-based Innovation & Climate ETF 2.8 75 -46 2.1 -5.8
EES WisdomTree U.S. SmallCap Fund 2.8 38 -9 9.1 +1.1
RNSC Furst Trust Small Cap US Equity Select ETF 2.7 60 -31 6.8 -1.1
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 2.7 35 -6 4.6 -3.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 2.6 9 20 3.3 -4.6
WCEO Hypatia Women CEO ETF 2.6 85 -56 4.2 -3.8
ISMD Inspire Small/Mid Cap ETF 2.6 54 -25 5.3 -2.7
IWO iShares Russell 2000 Growth ETF 2.6 24 5 0.6 -7.4
SSLY Syntax Stratified SmallCap ETF 2.5 40 -11 7.4 -0.6
VTWG Vanguard Russell 2000 Growth ETF 2.5 15 14 0.7 -7.3
PAVE Global X U.S. Infrastructure Development ETF 2.5 47 -18 5.1 -2.9
NANR SPDR S&P North American Natural Resources ETF 2.5 35 -6 7.4 -0.6
BSVO EA Bridgeway Omni Small-Cap Value ETF 2.5 47 -18 8.0 0.0
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 2.5 60 -31 1.4 -6.6
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 2.5 39 -10 5.8 -2.2
NUSC Nuveen ESG Small-Cap ETF 2.5 31 -2 5.0 -3.0
SMCF Themes US Small Cap Cash Flow Champions ETF 2.4 29 0 10.2 +2.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 2.4 20 9 4.6 -3.4
FNDA Schwab Fundamental US Small Co. Index ETF 2.3 25 4 6.0 -2.0
SQLV Royce Quant Small-Cap Quality Value ETF 2.3 60 -31 7.1 -0.8
FYX First Trust Small Cap Core AlphaDEX Fund 2.3 61 -32 4.6 -3.4
FYT First Trust Small Cap Value AlphaDEX Fund 2.3 73 -44 7.8 -0.2
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 2.2 85 -56 8.6 +0.6
DFAS Dimensional U.S. Small Cap ETF 2.2 26 3 5.5 -2.5
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 2.2 39 -10 4.1 -3.9
RSSL Global X Russell 2000 ETF 2.2 8 21 2.6 -5.4
SFLO VictoryShares Small Cap Free Cash Flow ETF 2.1 49 -20 10.2 +2.2
DFAT Dimensional U.S. Targeted Value ETF 2.1 28 1 7.8 -0.2
IWM iShares Russell 2000 ETF 2.1 19 10 2.8 -5.2
SYNB Putnam BioRevolution ETF 2.1 70 -41 3.0 -4.9
VTWO Vanguard Russell 2000 ETF 2.1 10 19 2.9 -5.1
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.1 39 -10 3.4 -4.6
FDM First Trust Dow Jones Select MicroCap Index Fund 2.1 60 -31 6.8 -1.1
JHSC John Hancock Multifactor Small Cap ETF 2.1 42 -13 6.6 -1.4
SVAL iShares US Small Cap Value Factor ETF 2.0 20 9 9.8 +1.9
PBW Invesco WilderHill Clean Energy ETF 2.0 66 -37 -13.7 -21.7
STXK Strive Small-Cap ETF 2.0 18 11 5.0 -3.0
CCNR ALPS CoreCommodity Natural Resources ETF 2.0 39 -10 11.0 +3.1
FYC First Trust Small Cap Growth AlphaDEX Fund 1.9 71 -42 -0.5 -8.4
DEEP Roundhill Acquirers Deep Value ETF 1.8 80 -51 21.0 +13.0
IVEG iShares Emergent Food and AgTech Multisector ETF 1.8 47 -18 8.0 +0.1
TINT ProShares Smart Materials ETF 1.8 58 -29 6.4 -1.5
EZM WisdomTree U.S. MidCap Fund 1.8 38 -9 7.4 -0.6
PRNT 3D Printing ETF 1.8 66 -37 0.7 -7.3
SYLD Cambria Shareholder Yield ETF 1.8 59 -30 10.9 +2.9
OSCV Opus Small Cap Value ETF 1.8 79 -50 5.7 -2.3
SRHQ SRH U.S. Quality ETF 1.7 35 -6 7.7 -0.3
SCHA Schwab U.S. Small-Cap ETF 1.7 4 25 4.4 -3.5
ISCG iShares Morningstar Small-Cap Growth ETF 1.7 6 23 2.3 -5.7
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.7 58 -29 -3.0 -10.9
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.7 70 -41 2.7 -5.3
IWN iShares Russell 2000 Value ETF 1.7 24 5 4.8 -3.2
VTWV Vanguard Russell 2000 Value ETF 1.7 15 14 4.9 -3.1
FCPI Fidelity Stocks for Inflation ETF 1.6 15 14 8.1 +0.1
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.6 24 5 7.0 -1.0
GVLU Gotham 1000 Value ETF 1.6 50 -21 7.4 -0.5
DMAT Global X Disruptive Materials ETF 1.6 59 -30 10.5 +2.5
VCLN Virtus Duff & Phelps Clean Energy ETF 1.5 59 -30 3.9 -4.1
ISCB iShares Morningstar Small-Cap ETF 1.5 4 25 4.8 -3.2
DFSV Dimensional US Small Cap Value ETF 1.5 31 -2 8.3 +0.3
FSMD Fidelity Small-Mid Multifactor ETF 1.5 15 14 6.8 -1.2
HWAY Themes US Infrastructure ETF 1.5 29 0 6.2 -1.8
FVD First Trust Value Line Dividend Index Fund 1.4 65 -36 6.3 -1.7
FNX First Trust Mid Cap Core AlphaDEX Fund 1.3 60 -31 6.8 -1.2
ISCV iShares Morningstar Small Cap Value ETF 1.3 6 23 7.2 -0.8
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.3 17 12 4.7 -3.3
NIXT Research Affiliates Deletions ETF 1.3 9 20 5.2 -2.7
MOO VanEck Agribusiness ETF 1.3 53 -24 9.7 +1.8
SMOT VanEck Morningstar SMID Moat ETF 1.2 49 -20 5.8 -2.1
FIW First Trust Water ETF 1.2 53 -24 4.5 -3.4
SIXS ETC 6 Meridian Small Cap Equity ETF 1.2 89 -60 8.2 +0.3
VFVA Vanguard U.S. Value Factor ETF 1.2 13 16 10.0 +2.0
KARS KraneShares Electric Vehicles & Future Mobility Index ETF 1.2 72 -43 1.0 -7.0
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.2 25 4 7.2 -0.7
SAGP Strategas Global Policy Opportunities ETF 1.1 65 -36 5.3 -2.7
DRIV Global X Autonomous & Electric Vehicles ETF 1.1 68 -39 4.8 -3.2
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 1.1 69 -40 8.1 +0.2
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 1.1 35 -6 5.2 -2.8
SCAP InfraCap Small Cap Income ETF 1.1 135 -106 8.5 +0.5
IWC iShares Micro-Cap ETF 1.0 60 -31 -4.9 -12.9
CVY Invesco Zacks Multi-Asset Income ETF 1.0 106 -77 9.8 +1.8
HAPS Harbor Human Capital Factor US Small Cap ETF 1.0 60 -31 2.4 -5.6
ARB AltShares Merger Arbitrage ETF 1.0 77 -48 4.4 -3.6
VBK Vanguard Small-Cap Growth ETF 1.0 7 22 1.1 -6.9
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 1.0 95 -66 0.9 -7.1
VB Vanguard Small-Cap ETF 1.0 5 24 4.9 -3.0
FNK First Trust Mid Cap Value AlphaDEX Fund 1.0 70 -41 10.0 +2.1
VBR Vanguard Small Cap Value ETF 1.0 7 22 7.8 -0.1
FDIV MarketDesk Focused U.S. Dividend ETF 1.0 35 -6 5.1 -2.9
VXF Vanguard Extended Market ETF 1.0 6 23 3.5 -4.5
AFMC First Trust Active Factor Mid Cap ETF 1.0 65 -36 6.9 -1.1
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.0 60 -31 9.0 +1.0
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.9 12 17 7.2 -0.8
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.9 15 14 6.9 -1.0
FXZ First Trust Materials AlphaDEX Fund 0.9 61 -32 11.3 +3.3
SMLF iShares U.S. SmallCap Equity Factor ETF 0.9 15 14 4.6 -3.3
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.9 80 -51 5.8 -2.1
BATT Amplify Lithium & Battery Technology ETF 0.9 59 -30 -0.1 -8.1
VUSE Vident U.S. Equity Strategy ETF 0.9 50 -21 4.4 -3.6
BLCV iShares Large Cap Value Active ETF 0.9 53 -24 8.1 +0.2
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.9 64 -35 1.8 -6.2
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.9 7 22 5.3 -2.7
BNE Blue Horizon BNE ETF 0.8 87 -58 4.6 -3.4
KOMP SPDR S&P Kensho New Economies Composite ETF 0.8 20 9 1.0 -6.9
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.8 61 -32 6.0 -1.9
PPA Invesco Aerospace & Defense ETF 0.8 58 -29 2.5 -5.5
BFOR ALPS Barron's 400 ETF 0.8 65 -36 5.6 -2.3
GMET VanEck Green Metals ETF 0.8 63 -34 10.7 +2.7
FAB First Trust Multi Cap Value AlphaDEX Fund 0.8 67 -38 8.6 +0.6
VFMF Vanguard U.S. Multifactor ETF 0.8 18 11 8.5 +0.6
VFMO Vanguard U.S. Momentum Factor ETF 0.7 13 16 2.1 -5.9
ZSB USCF Sustainable Battery Metals Strategy Fund 0.7 61 -32 18.6 +10.7
ETHO Etho Climate Leadership U.S. ETF 0.7 47 -18 3.4 -4.5
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.6 20 9 4.0 -4.0
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.6 52 -23 5.3 -2.7
VFQY Vanguard U.S. Quality Factor ETF 0.6 13 16 7.5 -0.5
FDWM Fidelity Women's Leadership ETF 0.5 59 -30 4.7 -3.3
COWZ Pacer US Cash Cows 100 ETF 0.5 49 -20 9.9 +2.0
QQQS Invesco NASDAQ Future Gen 200 ETF 0.5 20 9 -10.7 -18.7
FLOW Global X U.S. Cash Flow Kings 100 ETF 0.5 25 4 9.6 +1.7
TTAC FCF US Quality ETF 0.5 59 -30 6.3 -1.7
CGW Invesco S&P Global Water Index ETF 0.5 57 -28 4.4 -3.6
CCSO Carbon Collective Climate Solutions US Equity ETF 0.5 35 -6 1.9 -6.0
SCHM Schwab U.S. Mid-Cap ETF 0.5 4 25 6.0 -2.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.5 29 0 6.4 -1.6
AVUS Avantis U.S. Equity ETF 0.5 15 14 5.6 -2.4
CGGR Capital Group Growth ETF 0.5 39 -10 3.2 -4.8
IGE iShares North American Natural Resources ETF 0.4 41 -12 6.1 -1.8
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.4 25 4 5.2 -2.7
STXM Strive Mid-Cap ETF 0.4 18 11 6.1 -1.9
DFUV Dimensional US Marketwide Value ETF 0.4 22 7 7.2 -0.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 17 12 5.3 -2.6
EQAL Invesco Russell 1000 Equal Weight ETF 0.4 20 9 6.3 -1.7
ANEW ProShares MSCI Transformational Changes ETF 0.4 45 -16 3.6 -4.4
IYM iShares U.S. Basic Materials ETF 0.4 40 -11 6.7 -1.3
DON WisdomTree U.S. MidCap Dividend Fund 0.4 38 -9 7.7 -0.2
SFYX SoFi Next 500 ETF 0.4 0 29 4.7 -3.3
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.4 60 -31 6.4 -1.6
FPX First Trust US Equity Opportunities ETF 0.3 61 -32 1.5 -6.5
SDY SPDR S&P Dividend ETF 0.3 35 -6 5.9 -2.1
ROUS Hartford Multifactor US Equity ETF 0.3 19 10 6.5 -1.4
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.3 30 -1 5.4 -2.5
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 11 5.4 -2.5
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -60 4.9 -3.1
FELV Fidelity Enhanced Large Cap Value ETF 0.3 18 11 6.4 -1.6
DCOR Dimensional US Core Equity 1 ETF 0.3 14 15 5.3 -2.7
TMFX Motley Fool Next Index ETF 0.3 50 -21 2.8 -5.2
VLU SPDR S&P 1500 Value Tilt ETF 0.3 12 17 6.7 -1.3
GNR SPDR S&P Global Natural Resources ETF 0.3 40 -11 9.7 +1.7
OCEN IQ Clean Oceans ETF 0.2 45 -16 6.1 -1.9
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.2 30 -1 7.9 -0.0
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 14 6.1 -1.9
PKW Invesco Buyback Achievers ETF 0.2 62 -33 6.4 -1.6
SMMD iShares Russell 2500 ETF 0.2 15 14 5.5 -2.5
ERNZ TrueShares Active Yield ETF 0.2 75 -46 10.9 +3.0
THRO iShares U.S. Thematic Rotation Active ETF 0.2 90 -61 3.9 -4.1
FNDB Schwab Fundamental US Broad Market Index ETF 0.2 25 4 6.8 -1.2
OPTZ Optimize Strategy Index ETF 0.2 50 -21 2.9 -5.1
AVLV Avantis U.S. Large Cap Value ETF 0.2 15 14 7.1 -0.9
DFAU Dimensional US Core Equity Market ETF 0.2 12 17 5.0 -3.0
FBCG Fidelity Blue Chip Growth ETF 0.2 59 -30 2.8 -5.2
JHMM John Hancock Multifactor Mid Cap ETF 0.2 42 -13 6.1 -1.9
AIEQ AI Powered Equity ETF 0.2 75 -46 3.9 -4.1
IYJ iShares U.S. Industrials ETF 0.2 40 -11 4.5 -3.4
SMDY Syntax Stratified MidCap ETF 0.2 35 -6 5.8 -2.2
VYM Vanguard High Dividend Yield Index ETF 0.2 6 23 6.8 -1.2
FDLO Fidelity Low Volatility Factor ETF 0.2 15 14 5.3 -2.7
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 26 5.1 -2.8
IWS iShares Russell Mid-Cap Value ETF 0.1 23 6 6.2 -1.7
FMDE Fidelity Enhanced Mid Cap ETF 0.1 23 6 6.0 -2.0
DHS WisdomTree U.S. High Dividend Fund 0.1 38 -9 7.6 -0.4
IWV iShares Russell 3000 ETF 0.1 20 9 4.7 -3.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 26 4.8 -3.2
VTHR Vanguard Russell 3000 ETF 0.1 10 19 4.7 -3.2
DFUS Dimensional U.S. Equity ETF 0.1 9 20 4.9 -3.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 17 4.5 -3.4
VTI Vanguard Total Stock Market ETF 0.1 3 26 4.7 -3.2
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 -10 6.8 -1.2
SCHB Schwab U.S. Broad Market ETF 0.1 3 26 4.9 -3.1
IWR iShares Russell Midcap ETF 0.1 19 10 5.4 -2.6
VIG Vanguard Dividend Appreciation ETF 0.1 6 23 5.6 -2.3
DTD WisdomTree U.S. Total Dividend Fund 0.1 28 1 6.0 -2.0
FQAL Fidelity Quality Factor ETF 0.1 15 14 5.8 -2.1
PFM Invesco Dividend Achievers ETF 0.1 53 -24 5.3 -2.7
HKND Humankind US Stock ETF 0.1 11 18 7.1 -0.8
HDUS Hartford Disciplined US Equity ETF 0.1 19 10 5.9 -2.0
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 20 4.8 -3.2
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.1 5 24 7.3 -0.7
VT Vanguard Total World Stock ETF 0.1 7 22 5.5 -2.5
ONEY SPDR Russell 1000 Yield Focus ETF 0.1 20 9 9.3 +1.3
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 14 4.9 -3.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 8 3.8 -4.2
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 9 6.8 -1.2
TXS Texas Capital Texas Equity Index ETF 0.1 49 -20 4.7 -3.3
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 17 6.2 -1.8
VIRS Pacer BioThreat Strategy ETF 0.1 70 -41 6.1 -1.9
TMFE Motley Fool Capital Efficiency 100 Index ETF 0.1 50 -21 4.2 -3.7
VONV Vanguard Russell 1000 Value ETF 0.1 8 21 6.3 -1.7
DIVB iShares Core Dividend ETF 0.1 5 24 7.5 -0.5
IUS Invesco RAFI Strategic US ETF 0.1 19 10 6.8 -1.2
SCHK Schwab 1000 Index ETF 0.0 5 24 5.0 -3.0
IWD iShares Russell 1000 Value ETF 0.0 19 10 6.1 -1.8
DSI iShares MSCI KLD 400 Social ETF 0.0 25 4 5.0 -2.9
FNDX Schwab Fundamental US Large Co. Index ETF 0.0 25 4 6.8 -1.2
DGRO iShares Core Dividend Growth ETF 0.0 8 21 6.3 -1.6
STXV Strive 1000 Value ETF 0.0 18 11 7.5 -0.4
DGRW WisdomTree US Quality Dividend Growth Fund 0.0 28 1 6.0 -1.9
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 12 6.9 -1.1
IWB iShares Russell 1000 ETF 0.0 15 14 4.8 -3.1
VONE Vanguard Russell 1000 ETF 0.0 8 21 4.9 -3.1
CCMG CCM Global Equity ETF 0.0 34 -5 7.6 -0.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 20 5.4 -2.6
IYY iShares Dow Jones U.S. ETF 0.0 20 9 4.8 -3.2
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.0 20 9 7.6 -0.4
STXG Strive 1000 Growth ETF 0.0 18 11 4.1 -3.9
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 18 4.9 -3.1
ACVF American Conservative Values ETF 0.0 75 -46 4.2 -3.8
IWP iShares Russell Mid-Cap Growth ETF 0.0 23 6 3.1 -4.9
TDVG T. Rowe Price Dividend Growth ETF 0.0 50 -21 4.8 -3.2
IWF iShares Russell 1000 Growth ETF 0.0 19 10 4.5 -3.5
VONG Vanguard Russell 1000 Growth ETF 0.0 8 21 4.6 -3.4
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 17 4.5 -3.5

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
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 16.9 %
Divided by: Fwd. P/BV 2.0 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 8.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.58 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.