Invesco S&P SmallCap Materials ETF
ALTAR
Score™		 12.2% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 17.2x P/Sales
ratio		 1.0x
P/BV
ratio		 1.7x Div.
yield		 2.1%


  • 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) $3,639
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 November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
9.2% -5.3% 10.5% 10.0% 8.6%

Market Correlations
versus... Beta R-squared
S&P500 1.08 55%
MSCI EAFE 1.18 47%
MSCI Emg. Mkts. 1.04 42%

Technical Indicators
Recent close $80.80
30d moving avg. $76.55
Annualized volatility 24.8%
Short interest (ETF) 1.8%
Short interest (Underlying) 5.8%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.39%
ADV underlying (mns) $542

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 317 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™: 12.2%


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 21.4 35 -6 6.9 -5.3
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 18.9 60 -31 5.4 -6.9
SLVP iShares MSCI Global Silver Miners ETF 10.7 39 -10 4.8 -7.5
SILJ ETFMG Prime Junior Silver Miners ETF 10.7 69 -40 0.6 -11.7
SLX VanEck Steel ETF 8.1 56 -27 13.7 +1.4
CDIG City Different Investments Global Equity ETF 7.6 75 -46 0.6 -11.6
IJS iShares S&P Small-Cap 600 Value ETF 6.5 18 11 9.8 -2.5
SLYV State Street SPDR S&P 600 Small Cap Value ETF 6.1 15 14 9.8 -2.5
SMDV ProShares Russell 2000 Dividend Growers ETF 5.9 40 -11 7.7 -4.6
VIOV Vanguard S&P Small-Cap 600 Value ETF 5.9 10 19 9.7 -2.6
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 5.7 30 -1 17.2 +5.0
TINT ProShares Smart Materials ETF 5.6 58 -29 5.8 -6.4
RWJ Invesco S&P SmallCap 600 Revenue ETF 5.5 39 -10 9.7 -2.5
VAW Vanguard Materials ETF 5.3 9 20 6.5 -5.7
RZV Invesco S&P Smallcap 600 Pure Value ETF 5.3 35 -6 9.8 -2.4
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 5.3 38 -9 9.9 -2.3
GOEX Global X Gold Explorers ETF 5.2 65 -36 2.4 -9.9
IJR iShares Core S&P Small Cap ETF 5.2 6 23 7.6 -4.7
SIL Global X Silver Miners ETF 5.2 65 -36 2.2 -10.1
FMAT Fidelity MSCI Materials Index ETF 5.2 8 21 6.5 -5.7
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 5.0 29 0 7.9 -4.4
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 4.9 3 26 7.6 -4.7
VIOO Vanguard S&P Small-Cap 600 ETF 4.8 7 22 7.5 -4.7
SGRT SMART Earnings Growth 30 ETF 4.8 59 -30 2.3 -9.9
ESIX State Street SPDR S&P SmallCap 600 ESG ETF 4.7 12 17 8.0 -4.2
CUT Invesco MSCI Global Timber ETF 4.4 61 -32 10.7 -1.5
XJR iShares ESG Screened S&P Small-Cap ETF 4.3 12 17 7.5 -4.7
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 4.1 15 14 7.6 -4.6
IFRA iShares U.S. Infrastructure ETF 4.1 30 -1 6.5 -5.8
IJT iShares S&P Small-Cap 600 Growth ETF 4.0 18 11 5.4 -6.9
DGLO First Trust RBA Deglobalization ETF 4.0 70 -41 6.7 -5.5
VIOG Vanguard S&P Small-Cap 600 Growth ETF 3.8 10 19 5.5 -6.7
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 3.8 15 14 5.4 -6.8
TCV Towle Value ETF 3.4 85 -56 10.9 -1.3
ISMD Inspire Small/Mid Cap ETF 3.3 54 -25 5.3 -7.0
JPSV JPMorgan Active Small Cap Value ETF 3.3 74 -45 8.5 -3.8
FESM Fidelity Enhanced Small Cap ETF 3.2 28 1 3.2 -9.0
TPSC Timothy Plan US Small Cap Core ETF 3.2 52 -23 7.1 -5.2
RZG Invesco S&P Smallcap 600 Pure Growth ETF 3.2 35 -6 3.7 -8.5
AVSC Avantis U.S Small Cap Equity ETF 3.2 25 4 5.1 -7.1
SIXS ETC 6 Meridian Small Cap Equity ETF 3.1 89 -60 9.8 -2.4
GRPZ Invesco S&P SmallCap 600 GARP ETF 3.0 35 -6 7.4 -4.9
SYNB Putnam BioRevolution ETF 3.0 70 -41 2.5 -9.7
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 3.0 35 -6 9.2 -3.0
ALIL Argent Focused Small Cap ETF 3.0 74 -45 6.6 -5.6
AGMI Themes Silver Miners ETF 3.0 35 -6 4.2 -8.1
TMDV ProShares Russell US Dividend Growers ETF 3.0 35 -6 7.0 -5.3
DES WisdomTree U.S. SmallCap Dividend Fund 3.0 38 -9 9.1 -3.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 2.9 35 -6 7.5 -4.8
SCDV Bahl & Gaynor Small Cap Dividend ETF 2.9 70 -41 5.0 -7.3
GDXJ VanEck Junior Gold Miners ETF 2.8 52 -23 3.5 -8.8
XSMO Invesco S&P SmallCap Momentum ETF 2.8 39 -10 4.5 -7.7
JSML Janus Henderson Small Cap Growth Alpha ETF 2.7 30 -1 8.1 -4.2
BSVO EA Bridgeway Omni Small-Cap Value ETF 2.7 47 -18 9.0 -3.2
XSVM Invesco S&P SmallCap Value with Momentum ETF 2.6 36 -7 10.6 -1.7
FYT First Trust Small Cap Value AlphaDEX Fund 2.5 73 -44 11.7 -0.6
AVUV Avantis U.S. Small Cap Value ETF 2.5 25 4 9.6 -2.6
MID American Century Mid Cap Growth Impact ETF 2.5 45 -16 3.5 -8.7
STXK Strive Small-Cap ETF 2.4 18 11 6.0 -6.3
ROSC Hartford Multifactor Small Cap ETF 2.4 34 -5 9.0 -3.3
NDIV Amplify Natural Resources Dividend Income ETF 2.4 59 -30 14.5 +2.3
BKSE BNY Mellon US Small Cap Core Equity ETF 2.3 4 25 5.8 -6.5
WOOD iShares Global Timber & Forestry ETF 2.3 42 -13 13.0 +0.7
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 2.3 12 17 7.4 -4.8
FYX First Trust Small Cap Core AlphaDEX Fund 2.3 61 -32 5.7 -6.5
AFSM First Trust Active Factor Small Cap ETF 2.3 75 -46 7.5 -4.8
FNDA Schwab Fundamental US Small Co. Index ETF 2.3 25 4 7.6 -4.6
DSMC Distillate Small/Mid Cash Flow ETF 2.2 55 -26 12.9 +0.6
IWN iShares Russell 2000 Value ETF 2.2 24 5 6.3 -5.9
VTWV Vanguard Russell 2000 Value ETF 2.2 10 19 6.4 -5.8
EES WisdomTree U.S. SmallCap Fund 2.2 38 -9 8.6 -3.7
WCEO Hypatia Women CEO ETF 2.1 85 -56 3.2 -9.0
OSCV Opus Small Cap Value ETF 2.1 79 -50 7.1 -5.2
DEEP Roundhill Acquirers Deep Value ETF 2.1 80 -51 19.6 +7.4
SCDS JPMorgan Fundamental Data Science Small Core ETF 2.1 40 -11 4.7 -7.6
PSC Principal U.S. Small-Cap ETF 2.1 38 -9 6.9 -5.4
PRNT 3D Printing ETF 2.0 66 -37 1.8 -10.4
GDX VanEck Gold Miners ETF 2.0 51 -22 3.6 -8.7
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 2.0 9 20 3.9 -8.4
SURE AdvisorShares Insiders Advantage ETF 1.9 90 -61 9.7 -2.6
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.9 35 -6 7.3 -4.9
GLRY Inspire Faithward Mid Cap Momentum ETF 1.9 80 -51 6.1 -6.1
XSHQ Invesco S&P SmallCap Quality ETF 1.9 29 0 7.8 -4.4
RSSL Global X Russell 2000 ETF 1.9 8 21 3.5 -8.7
IYM iShares U.S. Basic Materials ETF 1.8 40 -11 6.2 -6.0
FXZ First Trust Materials AlphaDEX Fund 1.8 61 -32 9.5 -2.7
IWM iShares Russell 2000 ETF 1.8 19 10 3.5 -8.7
VTWO Vanguard Russell 2000 ETF 1.8 7 22 3.6 -8.6
AIVL WisdomTree U.S. AI Enhanced Value Fund 1.8 38 -9 6.4 -5.8
CSMD Congress SMid Growth ETF 1.8 69 -40 4.0 -8.3
COWS Amplify Cash Flow Dividend Leaders ETF 1.8 0 29 12.0 -0.2
SQLV Royce Quant Small-Cap Quality Value ETF 1.8 60 -31 9.5 -2.8
DFSV Dimensional US Small Cap Value ETF 1.7 31 -2 10.3 -1.9
DFAS Dimensional U.S. Small Cap ETF 1.7 26 3 6.6 -5.6
SMOT VanEck Morningstar SMID Moat ETF 1.7 49 -20 6.7 -5.5
DFAT Dimensional U.S. Targeted Value ETF 1.7 28 1 10.0 -2.3
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.7 80 -51 7.5 -4.7
SCHA Schwab U.S. Small-Cap ETF 1.7 4 25 5.5 -6.7
RNSC Furst Trust Small Cap US Equity Select ETF 1.7 60 -31 5.1 -7.1
SCOW Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF 1.7 59 -30 10.1 -2.2
ISCV iShares Morningstar Small Cap Value ETF 1.6 6 23 8.4 -3.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.6 39 -10 3.0 -9.2
VFVA Vanguard U.S. Value Factor ETF 1.6 13 16 10.5 -1.7
NANR SPDR S&P North American Natural Resources ETF 1.6 35 -6 7.9 -4.3
KROP Global X AgTech & Food Innovation ETF 1.6 50 -21 8.1 -4.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.5 20 9 5.4 -6.8
IWO iShares Russell 2000 Growth ETF 1.5 24 5 0.8 -11.5
VTWG Vanguard Russell 2000 Growth ETF 1.5 10 19 0.9 -11.3
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.5 70 -41 2.1 -10.1
XSLV Invesco S&P SmallCap Low Volatility ETF 1.5 25 4 8.6 -3.7
ANEW ProShares MSCI Transformational Changes ETF 1.4 45 -16 5.3 -7.0
AKAF The Frontier Economic Fund 1.4 20 9 6.3 -5.9
NUSC Nuveen ESG Small-Cap ETF 1.4 31 -2 5.2 -7.1
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.4 39 -10 4.9 -7.3
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.4 60 -31 -0.9 -13.2
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 1.4 35 -6 7.3 -4.9
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.4 60 -31 7.0 -5.2
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.4 17 12 5.9 -6.3
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.4 30 -1 6.8 -5.5
VBR Vanguard Small Cap Value ETF 1.3 7 22 9.0 -3.2
SVAL iShares US Small Cap Value Factor ETF 1.3 20 9 8.8 -3.5
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 1.3 55 -26 4.3 -8.0
NIXT Research Affiliates Deletions ETF 1.3 9 20 8.0 -4.2
PAVE Global X U.S. Infrastructure Development ETF 1.3 47 -18 5.1 -7.1
SRHQ SRH U.S. Quality ETF 1.2 35 -6 7.4 -4.8
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 1.2 85 -56 6.2 -6.1
PHO Invesco Water Resources ETF 1.2 60 -31 4.9 -7.3
ISCB iShares Morningstar Small-Cap ETF 1.2 4 25 5.7 -6.5
HAPS Harbor Human Capital Factor US Small Cap ETF 1.2 60 -31 3.8 -8.5
FSMD Fidelity Small-Mid Multifactor ETF 1.2 15 14 6.9 -5.3
JHSC John Hancock Multifactor Small Cap ETF 1.2 42 -13 6.6 -5.6
FFOX FundX Future Fund Opportunities ETF 1.1 100 -71 3.4 -8.8
PXI Invesco Dorsey Wright Energy Momentum ETF 1.1 60 -31 6.6 -5.6
SAGP Strategas Global Policy Opportunities ETF 1.1 65 -36 5.5 -6.8
FYC First Trust Small Cap Growth AlphaDEX Fund 1.1 71 -42 -1.4 -13.7
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.1 24 5 7.4 -4.8
PICK iShares MSCI Global Metals & Mining Producers ETF 1.0 39 -10 10.5 -1.7
FIW First Trust Water ETF 1.0 53 -24 5.0 -7.2
VB Vanguard Small-Cap ETF 0.9 5 24 6.0 -6.2
FNX First Trust Mid Cap Core AlphaDEX Fund 0.9 60 -31 6.9 -5.4
MGMT Ballast Small/Mid Cap ETF 0.9 110 -81 8.4 -3.9
VXF Vanguard Extended Market ETF 0.9 5 24 4.4 -7.8
VAMO Cambria Value & Momentum ETF 0.9 61 -32 6.3 -6.0
HKND Humankind US Stock ETF 0.9 11 18 7.1 -5.2
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.9 7 22 5.8 -6.5
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.9 43 -14 6.1 -6.2
FILL iShares MSCI Global Energy Producers ETF 0.9 39 -10 5.3 -7.0
EZM WisdomTree U.S. MidCap Fund 0.9 38 -9 8.6 -3.6
AVIE Avantis  Inflation Focused Equity ETF 0.8 25 4 7.1 -5.1
DON WisdomTree U.S. MidCap Dividend Fund 0.8 38 -9 9.1 -3.1
FDM First Trust Dow Jones Select MicroCap Index Fund 0.8 60 -31 8.0 -4.3
ISCG iShares Morningstar Small-Cap Growth ETF 0.8 6 23 2.9 -9.3
ETHO Etho Climate Leadership U.S. ETF 0.8 47 -18 5.2 -7.0
CCNR ALPS CoreCommodity Natural Resources ETF 0.8 39 -10 8.3 -4.0
FTRI First Trust Indxx Global Natural Resources Income ETF 0.8 70 -41 7.6 -4.6
DXUV Dimensional US Vector Equity ETF 0.7 28 1 6.0 -6.2
SMLF iShares U.S. SmallCap Equity Factor ETF 0.7 15 14 5.9 -6.3
CGV Conductor Global Equity Value ETF 0.7 130 -101 7.7 -4.5
IGE iShares North American Natural Resources ETF 0.7 41 -12 7.4 -4.9
VFMF Vanguard U.S. Multifactor ETF 0.7 18 11 7.7 -4.5
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.7 35 -6 5.7 -6.5
JAVA JPMorgan Active Value ETF 0.7 44 -15 6.3 -5.9
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.7 64 -35 1.2 -11.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.7 20 9 7.1 -5.1
SYLD Cambria Shareholder Yield ETF 0.7 59 -30 12.5 +0.2
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.7 24 5 8.2 -4.0
EFRA iShares Environmental Infrastructure and Industrials ETF 0.6 47 -18 5.4 -6.9
CGW Invesco S&P Global Water Index ETF 0.6 57 -28 4.7 -7.5
FAB First Trust Multi Cap Value AlphaDEX Fund 0.6 67 -38 9.9 -2.4
GVLU Gotham 1000 Value ETF 0.6 50 -21 9.0 -3.3
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 0.6 59 -30 6.3 -5.9
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.6 25 4 7.8 -4.5
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.6 15 14 7.7 -4.5
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.6 61 -32 6.9 -5.3
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.5 20 9 10.2 -2.1
WDNA WisdomTree BioRevolution Fund 0.5 45 -16 -1.9 -14.1
MOO VanEck Agribusiness ETF 0.5 53 -24 10.6 -1.6
CVAR Cultivar ETF 0.5 87 -58 7.5 -4.8
TTAC FCF US Quality ETF 0.5 59 -30 6.2 -6.1
SMCF Themes US Small Cap Cash Flow Champions ETF 0.5 29 0 11.6 -0.7
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.5 46 -17 9.5 -2.8
IWC iShares Micro-Cap ETF 0.5 60 -31 -1.3 -13.5
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.4 95 -66 -0.4 -12.6
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.4 4 25 5.9 -6.4
EBI Longview Advantage ETF 0.4 35 -6 6.7 -5.6
FMDE Fidelity Enhanced Mid Cap ETF 0.4 23 6 6.0 -6.2
VBK Vanguard Small-Cap Growth ETF 0.4 7 22 1.7 -10.5
SFLO VictoryShares Small Cap Free Cash Flow ETF 0.4 49 -20 11.1 -1.1
DVY iShares Select Dividend ETF 0.4 38 -9 9.1 -3.1
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.4 20 9 3.0 -9.2
QQQS Invesco NASDAQ Future Gen 200 ETF 0.4 20 9 -4.4 -16.7
SFYX SoFi Next 500 ETF 0.4 0 29 5.8 -6.4
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 0.4 55 -26 10.5 -1.7
CVY Invesco Zacks Multi-Asset Income ETF 0.4 106 -77 11.7 -0.5
FTAG First Trust Indxx Global Agriculture ETF 0.4 70 -41 8.4 -3.9
VEGI iShares MSCI Agriculture Producers ETF 0.4 39 -10 9.1 -3.2
GNR SPDR S&P Global Natural Resources ETF 0.4 40 -11 10.3 -2.0
CALF Pacer US Small Cap Cash Cows 100 ETF 0.4 59 -30 10.3 -1.9
BFOR ALPS Barron's 400 ETF 0.4 65 -36 5.9 -6.3
RCGE RockCreek Global Equality ETF 0.4 95 -66 6.6 -5.6
FNK First Trust Mid Cap Value AlphaDEX Fund 0.4 70 -41 10.7 -1.6
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 11 7.8 -4.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 4 5.3 -6.9
DFUV Dimensional US Marketwide Value ETF 0.3 22 7 7.3 -4.9
AFMC First Trust Active Factor Mid Cap ETF 0.3 65 -36 8.2 -4.0
DFAC Dimensional U.S. Core Equity 2 ETF 0.3 17 12 5.4 -6.8
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -60 4.8 -7.5
VFMO Vanguard U.S. Momentum Factor ETF 0.3 13 16 2.9 -9.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 29 0 6.4 -5.8
SDY State Street SPDR S&P Dividend ETF 0.3 35 -6 6.9 -5.4
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.3 12 17 7.3 -4.9
TPHD Timothy Plan High Dividend Stock ETF 0.3 52 -23 7.1 -5.1
TPHE Timothy Plan High Dividend Stock Enhanced ETF 0.3 54 -25 7.1 -5.1
HWAY Themes US Infrastructure ETF 0.3 29 0 5.9 -6.3
SCHM Schwab U.S. Mid-Cap ETF 0.3 4 25 6.9 -5.3
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.3 20 9 6.1 -6.2
SMMD iShares Russell 2500 ETF 0.3 15 14 6.7 -5.6
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 11 5.2 -7.0
OCEN IQ Clean Oceans ETF 0.3 45 -16 5.3 -6.9
AVUS Avantis U.S. Equity ETF 0.3 15 14 5.7 -6.6
FNDB Schwab Fundamental US Broad Market Index ETF 0.2 25 4 7.2 -5.1
DCOR Dimensional US Core Equity 1 ETF 0.2 14 15 5.3 -6.9
DHS WisdomTree U.S. High Dividend Fund 0.2 38 -9 8.2 -4.1
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 14 5.8 -6.4
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 9 8.2 -4.0
VFQY Vanguard U.S. Quality Factor ETF 0.2 13 16 6.1 -6.1
JVAL JPMorgan U.S. Value Factor ETF 0.2 12 17 7.7 -4.5
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.2 15 14 6.0 -6.2
FDRR Fidelity Dividend ETF for Rising Rates 0.2 15 14 6.8 -5.5
FELV Fidelity Enhanced Large Cap Value ETF 0.2 18 11 6.7 -5.5
IWS iShares Russell Mid-Cap Value ETF 0.2 23 6 7.1 -5.1
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.2 30 -1 8.1 -4.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 20 6.2 -6.1
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 -10 6.7 -5.6
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.2 14 15 4.8 -7.4
USMF WisdomTree U.S. Multifactor Fund 0.2 28 1 7.4 -4.9
JHMM John Hancock Multifactor Mid Cap ETF 0.2 42 -13 6.3 -6.0
OPTZ Optimize Strategy Index ETF 0.2 50 -21 4.8 -7.4
APUE ActivePassive U.S. Equity ETF 0.2 45 -16 4.6 -7.7
DFAU Dimensional US Core Equity Market ETF 0.2 12 17 5.0 -7.3
COPY Tweedy, Browne Insider + Value ETF 0.2 80 -51 11.6 -0.7
DTD WisdomTree U.S. Total Dividend Fund 0.2 28 1 6.3 -5.9
IWR iShares Russell Midcap ETF 0.1 19 10 6.2 -6.1
FTWO Strive FAANG 2.0 ETF 0.1 49 -20 4.4 -7.9
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 0.1 52 -23 5.7 -6.6
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 0.1 58 -29 5.7 -6.6
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.1 3 26 5.0 -7.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 26 4.8 -7.5
VTI Vanguard Total Stock Market ETF 0.1 3 26 4.8 -7.4
SHUS Syntax Stratified U.S. Total Market Hedged ETF 0.1 65 -36 6.4 -5.9
SSPY Syntax Stratified LargeCap ETF 0.1 30 -1 6.7 -5.5
IWV iShares Russell 3000 ETF 0.1 20 9 4.7 -7.6
VTHR Vanguard Russell 3000 ETF 0.1 7 22 4.8 -7.5
DFUS Dimensional U.S. Equity ETF 0.1 9 20 4.7 -7.5
SCHB Schwab U.S. Broad Market ETF 0.1 3 26 4.9 -7.4
TEXN iShares Texas Equity ETF 0.1 20 9 6.1 -6.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.1 9 20 5.3 -7.0
AVUQ Avantis U.S. Quality ETF 0.1 15 14 4.4 -7.9
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 0.1 5 24 8.0 -4.3
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 4 7.2 -5.1
VYM Vanguard High Dividend Yield Index ETF 0.1 6 23 7.0 -5.3
DEW WisdomTree Global High Dividend Fund 0.1 58 -29 8.2 -4.1
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 17 6.5 -5.8
IYJ iShares U.S. Industrials ETF 0.1 40 -11 4.8 -7.5
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 20 4.7 -7.5
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.1 20 9 6.8 -5.5
VIG Vanguard Dividend Appreciation ETF 0.1 5 24 5.5 -6.7
PKW Invesco Buyback Achievers ETF 0.1 62 -33 8.1 -4.2
PFM Invesco Dividend Achievers ETF 0.1 53 -24 5.3 -6.9
SCHD Schwab US Dividend Equity ETF 0.1 6 23 10.0 -2.3
STXV Strive 1000 Value ETF 0.1 18 11 8.1 -4.1
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.1 15 14 4.6 -7.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 8 3.7 -8.5
CFA VictoryShares US 500 Volatility Wtd ETF 0.1 35 -6 6.1 -6.2
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.1 40 -11 6.0 -6.2
HDUS Hartford Disciplined US Equity ETF 0.1 19 10 5.7 -6.5
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 14 5.3 -6.9
REVS Columbia Research Enhanced Value ETF 0.1 19 10 7.7 -4.6
CCSO Carbon Collective Climate Solutions US Equity ETF 0.1 35 -6 1.2 -11.0
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 17 3.9 -8.3
VT Vanguard Total World Stock ETF 0.1 6 23 5.7 -6.6
FDL First Trust Morningstar Dividend Leaders Index Fund 0.1 45 -16 10.7 -1.6
IUS Invesco RAFI Strategic US ETF 0.1 19 10 6.8 -5.5
VONV Vanguard Russell 1000 Value ETF 0.1 7 22 6.5 -5.7
IWD iShares Russell 1000 Value ETF 0.1 19 10 6.4 -5.9
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 14 7.7 -4.5
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 14 4.8 -7.4
SCHK Schwab 1000 Index ETF 0.0 5 24 4.9 -7.3
DEUS Xtrackers Russell US Multifactor ETF 0.0 17 12 7.0 -5.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 18 4.9 -7.4
JHML John Hancock Multifactor Large Cap ETF 0.0 29 0 5.3 -6.9
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 9 5.0 -7.2
TXS Texas Capital Texas Equity Index ETF 0.0 49 -20 6.0 -6.3
DGRW WisdomTree US Quality Dividend Growth Fund 0.0 28 1 5.6 -6.7
RECS Columbia Research Enhanced Core ETF 0.0 15 14 5.7 -6.5
SNPV Xtrackers S&P 500 Value ESG ETF 0.0 15 14 6.8 -5.4
AVMC Avantis U.S. Mid Cap Equity ETF 0.0 18 11 6.8 -5.4
FVD First Trust Value Line Dividend Index Fund 0.0 65 -36 6.3 -6.0
DIVB iShares Core Dividend ETF 0.0 5 24 8.2 -4.1
DSI iShares MSCI KLD 400 Social ETF 0.0 25 4 4.8 -7.4
SFGV Sequoia Global Value ETF 0.0 23 6 8.2 -4.0
IWB iShares Russell 1000 ETF 0.0 15 14 4.8 -7.5
VONE Vanguard Russell 1000 ETF 0.0 7 22 4.9 -7.4
IYY iShares Dow Jones U.S. ETF 0.0 20 9 4.7 -7.5
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 -20 5.8 -6.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 20 5.5 -6.8
ROUS Hartford Multifactor US Equity ETF 0.0 19 10 6.9 -5.3
DGRO iShares Core Dividend Growth ETF 0.0 8 21 6.5 -5.7
GWX SPDR S&P International Small Cap ETF 0.0 40 -11 6.5 -5.8
RAUS RACWI US ETF 0.0 15 14 4.8 -7.4
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 17 4.6 -7.6
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.0 2 27 4.9 -7.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 10 6.2 -6.0
SNPE Xtrackers S&P 500 ESG ETF 0.0 10 19 4.9 -7.3
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 26 6.6 -5.6
DFLV Dimensional US Large Cap Value ETF 0.0 22 7 7.5 -4.8
ACVF American Conservative Values ETF 0.0 75 -46 4.3 -8.0

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 19.2 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 12.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.57 CATEGORY
AVERAGE		 1.58
 
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.