Invesco S&P SmallCap Materials ETF
ALTAR
Score™		 10.7% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 18.9x 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) $19
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 26
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
PLATFORM SPECIALTY PRODUCTS 11.4 %
EASTMAN CHEMICAL COMPANY 10.5 %
MATERION CORP 7.5 %
CELANESE CORP-SERIES A 7.1 %
BALCHEM CORP 6.8 %
SENSIENT TECHNOLOGIES CORP 5.4 %
H.B. FULLER CO. 4.7 %
WARRIOR MET COAL, INC. 4.6 %
HAWKINS INC 4.5 %
CHEMOURS CO. 4.3 %
Total 66.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.8 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
20.0% 29.4% 9.8% 11.1% 9.7%

Market Correlations
versus... Beta R-squared
S&P500 1.04 31%
MSCI EAFE 0.94 38%
MSCI Emg. Mkts. 0.55 33%

Technical Indicators
Recent close $94.42
30d moving avg. $98.88
Annualized volatility 24.8%
Short interest (ETF) 4.4%
Short interest (Underlying) 5.8%
Relative strength (RSI) 54

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.5%
Bid/Ask (% of price) 0.43%
ADV underlying (mns) $542

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 290 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™: 10.7%


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 16.1 35 -6 5.6 -5.1
TINT ProShares Smart Materials ETF 8.3 58 -29 5.9 -4.8
SMDV ProShares Russell 2000 Dividend Growers ETF 7.0 40 -11 6.8 -3.8
RZV Invesco S&P Smallcap 600 Pure Value ETF 5.7 35 -6 6.9 -3.8
IJS iShares S&P Small-Cap 600 Value ETF 5.7 18 11 8.8 -1.9
SLYV State Street SPDR S&P 600 Small Cap Value ETF 5.7 15 14 8.9 -1.8
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 5.6 38 -9 9.0 -1.7
VIOV Vanguard S&P Small-Cap 600 Value ETF 5.6 10 19 8.9 -1.8
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 5.6 30 -1 13.7 +3.1
XSMO Invesco S&P SmallCap Momentum ETF 5.5 39 -10 3.9 -6.8
HAPS Harbor Human Capital Factor US Small Cap ETF 5.3 60 -31 3.2 -7.5
FMAT Fidelity MSCI Materials Index ETF 5.0 8 21 5.2 -5.4
VAW Vanguard Materials ETF 4.9 9 20 5.2 -5.4
RWJ Invesco S&P SmallCap 600 Revenue ETF 4.7 39 -10 7.2 -3.5
NDIV Amplify Natural Resources Dividend Income ETF 4.6 59 -30 11.0 +0.4
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 4.5 15 14 6.2 -4.4
ALIL Argent Focused Small Cap ETF 4.4 74 -45 5.9 -4.7
VIOO Vanguard S&P Small-Cap 600 ETF 4.2 7 22 6.2 -4.5
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 4.2 3 26 6.4 -4.3
IJR iShares Core S&P Small Cap ETF 4.1 6 23 6.3 -4.4
XJR iShares ESG Screened S&P Small-Cap ETF 4.1 12 17 6.2 -4.5
FXZ First Trust Materials AlphaDEX Fund 4.0 61 -32 6.7 -4.0
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 3.8 29 0 6.4 -4.2
SCDV Bahl & Gaynor Small Cap Dividend ETF 3.6 70 -41 4.2 -6.4
WBIY WBI Power Factor High Dividend ETF 3.5 100 -71 11.5 +0.8
OSCV Opus Small Cap Value ETF 3.4 79 -50 6.0 -4.7
TMDV ProShares Russell US Dividend Growers ETF 3.2 35 -6 6.2 -4.5
RSPM Invesco S&P 500 Equal Weight Materials ETF 3.2 40 -11 5.7 -5.0
ECML Euclidean Fundamental Value ETF 3.1 95 -66 8.4 -2.3
CDIG City Different Investments Global Equity ETF 3.1 75 -46 -1.6 -12.3
CSA VictoryShares US Small Cap Volatility Wtd ETF 2.9 35 -6 6.8 -3.9
FYT First Trust Small Cap Value AlphaDEX Fund 2.9 73 -44 9.4 -1.2
AVSC Avantis U.S Small Cap Equity ETF 2.8 25 4 4.5 -6.1
RSMC Rockefeller U.S. Small-Mid Cap ETF 2.8 75 -46 4.2 -6.5
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 2.8 80 -51 6.9 -3.7
DES WisdomTree U.S. SmallCap Dividend Fund 2.8 38 -9 8.1 -2.6
ISMD Inspire Small/Mid Cap ETF 2.7 54 -25 5.0 -5.7
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.6 10 19 3.7 -6.9
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 2.6 15 14 3.8 -6.9
IJT iShares S&P Small-Cap 600 Growth ETF 2.6 18 11 3.7 -6.9
EES WisdomTree U.S. SmallCap Fund 2.6 38 -9 7.7 -3.0
XSVM Invesco S&P SmallCap Value with Momentum ETF 2.5 36 -7 8.1 -2.6
FYX First Trust Small Cap Core AlphaDEX Fund 2.5 61 -32 5.2 -5.5
JPSV JPMorgan Active Small Cap Value ETF 2.3 74 -45 7.2 -3.5
TPSC Timothy Plan US Small Cap Core ETF 2.3 52 -23 6.7 -4.0
ACSG American Century Small Cap Growth Insights ETF 2.3 49 -20 4.9 -5.8
FESM Fidelity Enhanced Small Cap ETF 2.3 28 1 2.2 -8.4
TMFS Motley Fool Small-Cap Growth ETF 2.3 85 -56 1.3 -9.4
SIMS State Street SPDR S&P Kensho Intelligent Structures ETF 2.2 45 -16 4.8 -5.9
IWO iShares Russell 2000 Growth ETF 2.2 24 5 0.5 -10.1
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 2.2 12 17 3.3 -7.3
VRAI Virtus Real Asset Income ETF 2.2 55 -26 8.2 -2.5
DFSV Dimensional US Small Cap Value ETF 2.1 31 -2 8.6 -2.1
GRPZ Invesco S&P SmallCap 600 GARP ETF 2.1 35 -6 5.9 -4.8
HYP Golden Eagle Dynamic Hypergrowth ETF 2.1 85 -56 -0.8 -11.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 2.1 9 20 3.7 -7.0
DEEP Roundhill Acquirers Deep Value ETF 2.0 80 -51 14.9 +4.2
UDI USCF Dividend Income Fund 2.0 65 -36 6.4 -4.2
NUSC Nuveen ESG Small-Cap ETF 2.0 31 -2 5.0 -5.7
JHSC John Hancock Multifactor Small Cap ETF 2.0 42 -13 6.1 -4.6
IYM iShares U.S. Basic Materials ETF 2.0 40 -11 4.5 -6.1
PRNT 3D Printing ETF 2.0 66 -37 1.2 -9.4
FNDA Schwab Fundamental US Small Co. Index ETF 1.9 25 4 6.2 -4.5
BKSE BNY Mellon US Small Cap Core Equity ETF 1.9 4 25 15.7 +5.0
KROP Global X AgTech & Food Innovation ETF 1.9 50 -21 6.2 -4.5
XSLV Invesco S&P SmallCap Low Volatility ETF 1.9 25 4 7.3 -3.4
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 1.8 59 -30 4.3 -6.4
VTWG Vanguard Russell 2000 Growth ETF 1.8 10 19 0.7 -10.0
STXK Strive Small-Cap ETF 1.8 18 11 5.2 -5.5
RSSL Global X Russell 2000 ETF 1.8 8 21 2.7 -8.0
LYLD Cambria Large Cap Shareholder Yield ETF 1.8 59 -30 7.7 -3.0
IWM iShares Russell 2000 ETF 1.8 19 10 2.6 -8.1
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.8 24 5 6.1 -4.6
VTWO Vanguard Russell 2000 ETF 1.8 7 22 2.8 -7.9
FFOX FundX Future Fund Opportunities ETF 1.8 100 -71 2.7 -8.0
SMOT VanEck Morningstar SMID Moat ETF 1.7 49 -20 6.4 -4.3
TMAT Main Thematic Innovation ETF 1.7 164 -135 -2.0 -12.6
SYLD Cambria Shareholder Yield ETF 1.7 59 -30 9.7 -1.0
BRF VanEck Brazil Small-Cap ETF 1.7 66 -37 11.9 +1.2
WOOD iShares Global Timber & Forestry ETF 1.7 42 -13 11.2 +0.5
CSMD Congress SMid Growth ETF 1.7 69 -40 3.8 -6.9
ASCE Allspring SMID Core ETF 1.7 38 -9 3.1 -7.6
SVAL iShares US Small Cap Value Factor ETF 1.7 20 9 6.9 -3.8
XSHQ Invesco S&P SmallCap Quality ETF 1.6 29 0 6.9 -3.7
PSC Principal U.S. Small-Cap ETF 1.6 38 -9 3.6 -7.1
PEY Invesco High Yield Equity Dividend Achievers ETF 1.6 52 -23 8.5 -2.2
AVUV Avantis U.S. Small Cap Value ETF 1.5 25 4 7.8 -2.8
DGLO First Trust RBA Deglobalization ETF 1.5 70 -41 5.5 -5.2
FYC First Trust Small Cap Growth AlphaDEX Fund 1.5 71 -42 -0.6 -11.3
DFAT Dimensional U.S. Targeted Value ETF 1.5 28 1 8.4 -2.2
PXI Invesco Dorsey Wright Energy Momentum ETF 1.4 60 -31 4.8 -5.9
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.4 35 -6 5.9 -4.8
TBG TBG Dividend Focus ETF 1.4 59 -30 6.1 -4.5
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.4 60 -31 -0.9 -11.6
TCV Towle Value ETF 1.4 85 -56 9.0 -1.7
DFAS Dimensional U.S. Small Cap ETF 1.4 26 3 5.5 -5.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.3 39 -10 2.2 -8.5
AMID Argent Mid Cap ETF Argent Mid Cap ETF 1.3 52 -23 5.2 -5.5
IWN iShares Russell 2000 Value ETF 1.3 24 5 4.6 -6.0
VTWV Vanguard Russell 2000 Value ETF 1.3 10 19 4.8 -5.9
VBR Vanguard Small Cap Value ETF 1.3 7 22 7.8 -2.9
SCHA Schwab U.S. Small-Cap ETF 1.3 4 25 4.4 -6.2
NIXT Research Affiliates Deletions ETF 1.3 9 20 6.1 -4.6
SQLV Royce Quant Small-Cap Quality Value ETF 1.3 60 -31 7.4 -3.2
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.3 17 12 4.9 -5.7
BSVO EA Bridgeway Omni Small-Cap Value ETF 1.2 47 -18 7.4 -3.3
VFVA Vanguard U.S. Value Factor ETF 1.2 13 16 8.7 -2.0
ROSC Hartford Multifactor Small Cap ETF 1.2 34 -5 7.0 -3.6
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 1.2 49 -20 7.7 -3.0
ETHO Etho Climate Leadership U.S. ETF 1.2 47 -18 4.1 -6.6
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 1.2 35 -6 6.5 -4.2
PICK iShares MSCI Global Metals & Mining Producers ETF 1.2 39 -10 8.1 -2.5
AIVL WisdomTree U.S. AI Enhanced Value Fund 1.2 38 -9 5.1 -5.6
ISCV iShares Morningstar Small Cap Value ETF 1.1 6 23 7.6 -3.1
FSMD Fidelity Small-Mid Multifactor ETF 1.1 15 14 6.6 -4.1
FIW First Trust Water ETF 1.1 53 -24 5.3 -5.4
SPIT F/m Emerald Special Situations ETF 1.1 105 -76 -0.7 -11.4
DON WisdomTree U.S. MidCap Dividend Fund 1.1 38 -9 8.1 -2.5
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.1 20 9 3.9 -6.7
ISCB iShares Morningstar Small-Cap ETF 1.1 4 25 5.4 -5.3
POWR iShares U.S. Power Infrastructure ETF 1.1 40 -11 4.4 -6.2
RNIN Bushido Capital US SMID Cap Equity ETF 1.1 70 -41 9.1 -1.6
ISCG iShares Morningstar Small-Cap Growth ETF 1.0 6 23 2.8 -7.9
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.0 60 -31 5.9 -4.8
CUT Invesco MSCI Global Timber ETF 1.0 61 -32 8.2 -2.5
SMMD iShares Russell 2500 ETF 1.0 15 14 5.5 -5.1
PHO Invesco Water Resources ETF 1.0 60 -31 5.1 -5.5
MGMT Ballast Small/Mid Cap ETF 1.0 110 -81 7.6 -3.1
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 0.9 35 -6 9.0 -1.7
PAVE Global X U.S. Infrastructure Development ETF 0.9 47 -18 4.6 -6.1
SIXL ETC 6 Meridian Low Beta Equity ETF 0.9 80 -51 5.9 -4.7
VXF Vanguard Extended Market ETF 0.9 5 24 3.8 -6.9
EQAL Invesco Russell 1000 Equal Weight ETF 0.9 20 9 6.1 -4.6
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.9 24 5 7.2 -3.5
VB Vanguard Small-Cap ETF 0.9 5 24 5.3 -5.4
SMOX Horizon Small/Mid Cap Core Equity ETF 0.9 75 -46 5.5 -5.2
WCEO Hypatia Women CEO ETF 0.9 85 -56 4.5 -6.1
EZM WisdomTree U.S. MidCap Fund 0.9 38 -9 8.1 -2.6
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.8 39 -10 3.6 -7.1
AVIE Avantis  Inflation Focused Equity ETF 0.8 25 4 5.7 -4.9
ANEW ProShares MSCI Transformational Changes ETF 0.8 45 -16 4.2 -6.4
IFRA iShares U.S. Infrastructure ETF 0.8 30 -1 6.0 -4.7
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.8 18 11 6.9 -3.8
AFSM First Trust Active Factor Small Cap ETF 0.8 75 -46 5.6 -5.1
FAB First Trust Multi Cap Value AlphaDEX Fund 0.8 67 -38 8.3 -2.4
CCNR ALPS CoreCommodity Natural Resources ETF 0.7 39 -10 8.0 -2.7
DVY iShares Select Dividend ETF 0.7 38 -9 7.9 -2.8
NANR SPDR S&P North American Natural Resources ETF 0.7 35 -6 5.9 -4.8
WSML iShares MSCI World Small-Cap ETF 0.7 15 14 5.4 -5.3
EFRA iShares Environmental Infrastructure and Industrials ETF 0.7 47 -18 5.2 -5.5
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 0.7 55 -26 8.6 -2.0
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.6 70 -41 2.2 -8.4
AESR Anfield U.S. Equity Sector Rotation ETF 0.6 108 -79 3.0 -7.7
WDNA WisdomTree BioRevolution Fund 0.6 45 -16 -1.8 -12.5
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.6 20 9 5.6 -5.1
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.6 15 14 6.3 -4.4
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.6 40 -11 3.7 -7.0
FNK First Trust Mid Cap Value AlphaDEX Fund 0.6 70 -41 9.3 -1.4
CGW Invesco S&P Global Water Index ETF 0.6 57 -28 4.7 -6.0
FEGE First Eagle Global Equity ETF 0.5 79 -50 5.8 -4.8
DXUV Dimensional US Vector Equity ETF 0.5 28 1 5.1 -5.5
FNX First Trust Mid Cap Core AlphaDEX Fund 0.5 60 -31 6.3 -4.4
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.5 25 4 7.7 -3.0
VFMO Vanguard U.S. Momentum Factor ETF 0.5 13 16 1.8 -8.9
SFLO VictoryShares Small Cap Free Cash Flow ETF 0.5 49 -20 6.8 -3.8
TTAC FCF US Quality ETF 0.5 59 -30 6.0 -4.7
AUSF Global X Adaptive U.S. Factor ETF 0.5 27 2 8.0 -2.7
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.5 64 -35 1.4 -9.3
DHS WisdomTree U.S. High Dividend Fund 0.5 38 -9 7.9 -2.8
SMLF iShares U.S. SmallCap Equity Factor ETF 0.5 15 14 5.0 -5.7
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.5 7 22 5.3 -5.4
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.5 20 9 0.8 -9.8
QQQS Invesco NASDAQ Future Gen 200 ETF 0.5 20 9 -3.4 -14.0
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.5 95 -66 -0.5 -11.2
GVLU Gotham 1000 Value ETF 0.4 50 -21 7.9 -2.8
CVY Invesco Zacks Multi-Asset Income ETF 0.4 106 -77 9.8 -0.9
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.4 4 25 17.3 +6.6
SAGP Strategas Global Policy Opportunities ETF 0.4 65 -36 4.8 -5.8
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.4 35 -6 3.2 -7.5
MOO VanEck Agribusiness ETF 0.4 53 -24 8.5 -2.2
AFMC First Trust Active Factor Mid Cap ETF 0.4 65 -36 7.0 -3.6
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.4 79 -50 4.2 -6.5
EBI Longview Advantage ETF 0.4 35 -6 5.8 -4.8
SLX VanEck Steel ETF 0.4 56 -27 10.3 -0.4
IWC iShares Micro-Cap ETF 0.4 60 -31 -1.3 -12.0
STXM Strive Mid-Cap ETF 0.4 18 11 6.0 -4.6
CVAR Cultivar ETF 0.4 87 -58 6.7 -4.0
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.4 43 -14 5.1 -5.5
DFAC Dimensional U.S. Core Equity 2 ETF 0.3 17 12 4.7 -6.0
RCGE RockCreek Global Equality ETF 0.3 95 -66 5.9 -4.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 29 0 5.6 -5.0
HWAY Themes US Infrastructure ETF 0.3 29 0 4.7 -6.0
JAVA JPMorgan Active Value ETF 0.3 44 -15 5.3 -5.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 4 4.9 -5.8
IGE iShares North American Natural Resources ETF 0.3 41 -12 5.3 -5.3
FTAG First Trust Indxx Global Agriculture ETF 0.3 70 -41 6.8 -3.9
FNDB Schwab Fundamental US Broad Market Index ETF 0.3 25 4 6.0 -4.7
ITAN Sparkline Intangible Value ETF 0.3 50 -21 5.6 -5.1
VFMF Vanguard U.S. Multifactor ETF 0.3 18 11 6.3 -4.4
VEGI iShares MSCI Agriculture Producers ETF 0.3 39 -10 7.2 -3.5
DFUV Dimensional US Marketwide Value ETF 0.3 22 7 5.9 -4.8
SCHM Schwab U.S. Mid-Cap ETF 0.3 4 25 5.9 -4.7
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.3 12 17 6.1 -4.6
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.3 35 -6 4.9 -5.7
VBK Vanguard Small-Cap Growth ETF 0.3 7 22 1.3 -9.4
SCOW Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF 0.3 59 -30 7.9 -2.8
PRF Invesco FTSE RAFI US 1000 ETF 0.3 34 -5 5.5 -5.2
JHMM John Hancock Multifactor Mid Cap ETF 0.3 42 -13 5.6 -5.1
DCOR Dimensional US Core Equity 1 ETF 0.2 14 15 4.6 -6.1
SDY State Street SPDR S&P Dividend ETF 0.2 35 -6 6.1 -4.6
DEW WisdomTree Global High Dividend Fund 0.2 58 -29 7.0 -3.7
JVAL JPMorgan U.S. Value Factor ETF 0.2 12 17 6.6 -4.0
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.2 20 9 8.5 -2.2
FDL First Trust Morningstar Dividend Leaders Index Fund 0.2 45 -16 8.7 -1.9
DFSU Dimensional US Sustainability Core 1 ETF 0.2 18 11 4.6 -6.0
QUVU Hartford Quality Value ETF 0.2 46 -17 5.4 -5.3
AVUS Avantis U.S. Equity ETF 0.2 15 14 4.7 -5.9
IWS iShares Russell Mid-Cap Value ETF 0.2 23 6 5.9 -4.7
HDUS Hartford Disciplined US Equity ETF 0.2 19 10 4.7 -5.9
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 -60 4.4 -6.3
APUE ActivePassive U.S. Equity ETF 0.2 45 -16 3.9 -6.7
OPTZ Optimize Strategy Index ETF 0.2 50 -21 3.6 -7.1
FTRI First Trust Indxx Global Natural Resources Income ETF 0.2 70 -41 6.3 -4.4
DTD WisdomTree U.S. Total Dividend Fund 0.2 28 1 5.6 -5.0
COPY Tweedy, Browne Insider + Value ETF 0.2 80 -51 14.2 +3.5
FNDX Schwab Fundamental US Large Co. Index ETF 0.2 25 4 6.0 -4.7
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.2 20 9 6.0 -4.7
IWR iShares Russell Midcap ETF 0.2 19 10 5.4 -5.3
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 14 4.9 -5.7
ENHU iShares Enhanced Large Cap Core Active ETF 0.1 22 7 4.1 -6.5
DFAU Dimensional US Core Equity Market ETF 0.1 12 17 4.3 -6.4
CALF Pacer US Small Cap Cash Cows 100 ETF 0.1 59 -30 8.1 -2.5
SXQG ETC 6 Meridian Quality Growth ETF 0.1 100 -71 3.1 -7.6
SFGV Sequoia Global Value ETF 0.1 23 6 7.0 -3.7
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.1 20 9 7.3 -3.4
VYM Vanguard High Dividend Yield Index ETF 0.1 6 23 6.1 -4.6
AVMV Avantis U.S. Mid Cap Value ETF 0.1 20 9 7.4 -3.3
REVS Columbia Research Enhanced Value ETF 0.1 19 10 6.3 -4.4
PFM Invesco Dividend Achievers ETF 0.1 53 -24 4.7 -6.0
OCEN IQ Clean Oceans ETF 0.1 45 -16 4.7 -6.0
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 12 6.4 -4.2
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 17 3.9 -6.7
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.1 3 26 4.4 -6.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 26 4.1 -6.5
DFUS Dimensional U.S. Equity ETF 0.1 9 20 4.1 -6.6
IWV iShares Russell 3000 ETF 0.1 20 9 4.0 -6.6
VTI Vanguard Total Stock Market ETF 0.1 3 26 4.1 -6.5
VTHR Vanguard Russell 3000 ETF 0.1 7 22 4.1 -6.5
AVMC Avantis U.S. Mid Cap Equity ETF 0.1 18 11 6.2 -4.5
VIG Vanguard Dividend Appreciation ETF 0.1 5 24 5.0 -5.7
SCHB Schwab U.S. Broad Market ETF 0.1 3 26 4.2 -6.4
IUS Invesco RAFI Strategic US ETF 0.1 19 10 5.3 -5.3
TEXN iShares Texas Equity ETF 0.1 20 9 5.0 -5.7
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -30 2.3 -8.3
CCSO Carbon Collective Climate Solutions US Equity ETF 0.1 35 -6 1.1 -9.6
GNR SPDR S&P Global Natural Resources ETF 0.1 40 -11 7.9 -2.7
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 0.1 5 24 7.4 -3.2
STXV Strive 1000 Value ETF 0.1 18 11 6.6 -4.0
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 17 5.1 -5.5
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 20 4.2 -6.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 8 3.0 -7.7
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 14 4.3 -6.4
VT Vanguard Total World Stock ETF 0.1 6 23 5.0 -5.7
IWD iShares Russell 1000 Value ETF 0.1 19 10 5.1 -5.6
VONV Vanguard Russell 1000 Value ETF 0.1 7 22 5.2 -5.5
VFQY Vanguard U.S. Quality Factor ETF 0.1 13 16 5.4 -5.3
TXS Texas Capital Texas Equity Index ETF 0.1 49 -20 4.8 -5.8
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -46 3.2 -7.5
RECS Columbia Research Enhanced Core ETF 0.1 15 14 5.2 -5.4
DIVB iShares Core Dividend ETF 0.0 5 24 6.3 -4.4
FELV Fidelity Enhanced Large Cap Value ETF 0.0 18 11 5.3 -5.4
RAFE PIMCO RAFI ESG U.S. ETF 0.0 29 0 5.9 -4.8
SCHK Schwab 1000 Index ETF 0.0 5 24 4.3 -6.4
IYY iShares Dow Jones U.S. ETF 0.0 20 9 4.1 -6.6
AVUQ Avantis U.S. Quality ETF 0.0 15 14 3.8 -6.9
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 18 4.2 -6.5
IWB iShares Russell 1000 ETF 0.0 15 14 4.2 -6.5
VONE Vanguard Russell 1000 ETF 0.0 7 22 4.2 -6.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 20 4.8 -5.8
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 25 5.6 -5.0
INRO iShares U.S. Industry Rotation Active ETF 0.0 42 -13 3.6 -7.1
MNZL Manzil Russell Halal USA Broad MarketETF 0.0 40 -11 3.9 -6.8
RAUS RACWI US ETF 0.0 15 14 4.1 -6.5
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 15 4.2 -6.5
DSI iShares MSCI KLD 400 Social ETF 0.0 25 4 4.1 -6.5
SCHX Schwab U.S. Large-Cap ETF 0.0 3 26 4.3 -6.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 9 4.2 -6.4
DGRO iShares Core Dividend Growth ETF 0.0 8 21 5.5 -5.2
FMDE Fidelity Enhanced Mid Cap ETF 0.0 23 6 5.3 -5.4
ACVF American Conservative Values ETF 0.0 75 -46 3.8 -6.9

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 10.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.59 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.