Invesco S&P SmallCap Materials ETF
ALTAR
Score™		 9.6% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 20.1x P/Sales
ratio		 1.1x
P/BV
ratio		 2.0x Div.
yield		 1.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Invesco S&P Small Cap Materials is based on the S&P SmallCap 600 Capped Materials Index. The Index is a subset of the S&P SmallCap 600 Index, which is a float-adjusted, market-capitalization-weighted index reflecting the U.S. small-cap market.

FUND BASICS
Category US Equities
Fund Sponsor Invesco
Website www.invescopowershares.com
Inception date Apr 07, 2010
Assets (mns) $15
Currency USD
Expense ratio 29 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 27
Wgt avg mkt cap (mns) $3,639
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 December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
15.6% 15.6% 9.0% 11.5% 8.9%

Market Correlations
versus... Beta R-squared
S&P500 1.09 56%
MSCI EAFE 1.20 49%
MSCI Emg. Mkts. 1.06 44%

Technical Indicators
Recent close $94.14
30d moving avg. $86.09
Annualized volatility 24.8%
Short interest (ETF) 1.8%
Short interest (Underlying) 5.8%
Relative strength (RSI) 70

Liquidity measures
Avg. volume (thou.) 3
Turnover 1.9%
Bid/Ask (% of price) 0.41%
ADV underlying (mns) $542

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 300 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™: 9.6%


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
(%)
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 18.9 60 -31 4.1 -5.5
XME State Street SPDR S&P Metals & Mining ETF 18.9 35 -6 5.1 -4.5
SLVP iShares MSCI Global Silver Miners ETF 10.7 39 -10 3.0 -6.6
SILJ ETFMG Prime Junior Silver Miners ETF 10.7 69 -40 0.1 -9.4
CDIG City Different Investments Global Equity ETF 7.6 75 -46 0.5 -9.1
GOEX Global X Gold Explorers ETF 6.8 65 -36 1.5 -8.1
VIOV Vanguard S&P Small-Cap 600 Value ETF 6.6 10 19 8.5 -1.1
IJS iShares S&P Small-Cap 600 Value ETF 6.4 18 11 8.5 -1.0
SIL Global X Silver Miners ETF 6.2 65 -36 1.3 -8.3
TINT ProShares Smart Materials ETF 5.9 58 -29 4.9 -4.7
SLYV State Street SPDR S&P 600 Small Cap Value ETF 5.9 15 14 8.6 -1.0
SMDV ProShares Russell 2000 Dividend Growers ETF 5.9 40 -11 6.9 -2.7
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 5.7 30 -1 15.1 +5.5
VAW Vanguard Materials ETF 5.6 9 20 5.4 -4.2
RWJ Invesco S&P SmallCap 600 Revenue ETF 5.5 39 -10 8.3 -1.3
FMAT Fidelity MSCI Materials Index ETF 5.5 8 21 5.4 -4.2
VIOO Vanguard S&P Small-Cap 600 ETF 5.4 7 22 6.6 -3.0
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 5.3 38 -9 8.6 -1.0
RZV Invesco S&P Smallcap 600 Pure Value ETF 5.3 35 -6 8.6 -1.0
JPSV JPMorgan Active Small Cap Value ETF 5.1 74 -45 7.5 -2.0
ESIX State Street SPDR S&P SmallCap 600 ESG ETF 4.9 12 17 7.1 -2.5
IFRA iShares U.S. Infrastructure ETF 4.9 30 -1 5.6 -4.0
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 4.8 29 0 6.9 -2.7
IJR iShares Core S&P Small Cap ETF 4.7 6 23 6.6 -3.0
CUT Invesco MSCI Global Timber ETF 4.4 61 -32 9.7 +0.1
XJR iShares ESG Screened S&P Small-Cap ETF 4.4 12 17 6.6 -3.0
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 4.3 3 26 6.6 -3.0
VIOG Vanguard S&P Small-Cap 600 Growth ETF 4.3 10 19 4.7 -4.9
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 4.1 15 14 6.6 -2.9
DGLO First Trust RBA Deglobalization ETF 4.1 70 -41 5.7 -3.9
CSA VictoryShares US Small Cap Volatility Wtd ETF 4.0 35 -6 6.8 -2.8
KROP Global X AgTech & Food Innovation ETF 3.8 50 -21 7.5 -2.1
TCV Towle Value ETF 3.8 85 -56 9.7 +0.2
COWS Amplify Cash Flow Dividend Leaders ETF 3.6 0 29 10.5 +0.9
SIMS State Street SPDR S&P Kensho Intelligent Structures ETF 3.3 45 -16 4.7 -4.9
AVSC Avantis U.S Small Cap Equity ETF 3.2 25 4 4.5 -5.1
TMDV ProShares Russell US Dividend Growers ETF 3.2 35 -6 6.2 -3.4
AGMI Themes Silver Miners ETF 3.2 35 -6 2.8 -6.8
RZG Invesco S&P Smallcap 600 Pure Growth ETF 3.2 35 -6 3.0 -6.6
ALIL Argent Focused Small Cap ETF 3.1 74 -45 5.5 -4.1
GPT Intelligent Alpha Atlas ETF 3.1 69 -40 4.9 -4.7
GRPZ Invesco S&P SmallCap 600 GARP ETF 3.0 35 -6 6.4 -3.2
IJT iShares S&P Small-Cap 600 Growth ETF 3.0 18 11 4.6 -5.0
FESM Fidelity Enhanced Small Cap ETF 3.0 28 1 2.7 -6.8
TPSC Timothy Plan US Small Cap Core ETF 3.0 52 -23 6.1 -3.5
ISMD Inspire Small/Mid Cap ETF 2.9 54 -25 4.6 -5.0
SCDV Bahl & Gaynor Small Cap Dividend ETF 2.9 70 -41 4.0 -5.5
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 2.8 15 14 4.6 -5.0
XSMO Invesco S&P SmallCap Momentum ETF 2.8 39 -10 3.8 -5.8
DES WisdomTree U.S. SmallCap Dividend Fund 2.8 38 -9 8.1 -1.5
NUSC Nuveen ESG Small-Cap ETF 2.8 31 -2 4.5 -5.1
GDXJ VanEck Junior Gold Miners ETF 2.8 52 -23 2.3 -7.3
AVUV Avantis U.S. Small Cap Value ETF 2.7 25 4 8.5 -1.1
STXK Strive Small-Cap ETF 2.6 18 11 5.2 -4.3
XSVM Invesco S&P SmallCap Value with Momentum ETF 2.6 36 -7 9.4 -0.2
IWN iShares Russell 2000 Value ETF 2.6 24 5 5.6 -3.9
BSVO EA Bridgeway Omni Small-Cap Value ETF 2.5 47 -18 8.1 -1.5
VTWV Vanguard Russell 2000 Value ETF 2.5 10 19 5.7 -3.9
OSCV Opus Small Cap Value ETF 2.5 79 -50 6.1 -3.5
NDIV Amplify Natural Resources Dividend Income ETF 2.5 59 -30 13.7 +4.1
AIVL WisdomTree U.S. AI Enhanced Value Fund 2.5 38 -9 5.6 -4.0
FNDA Schwab Fundamental US Small Co. Index ETF 2.5 25 4 6.6 -3.0
FYT First Trust Small Cap Value AlphaDEX Fund 2.4 73 -44 10.2 +0.7
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 2.4 12 17 6.7 -2.9
SAMT Strategas Macro Thematic Opportunities ETF 2.4 65 -36 2.0 -7.6
AFSM First Trust Active Factor Small Cap ETF 2.4 75 -46 6.5 -3.1
EES WisdomTree U.S. SmallCap Fund 2.4 38 -9 7.5 -2.1
WCEO Hypatia Women CEO ETF 2.4 85 -56 2.8 -6.8
DSMC Distillate Small/Mid Cash Flow ETF 2.4 55 -26 11.3 +1.7
WOOD iShares Global Timber & Forestry ETF 2.3 42 -13 11.5 +1.9
JMEE JPMorgan Market Expansion Enhanced Equity ETF 2.3 24 5 6.4 -3.2
SURE AdvisorShares Insiders Advantage ETF 2.3 90 -61 8.3 -1.3
SIXS ETC 6 Meridian Small Cap Equity ETF 2.3 89 -60 8.5 -1.1
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 2.2 35 -6 8.4 -1.2
SGRT SMART Earnings Growth 30 ETF 2.2 59 -30 1.7 -7.9
FYX First Trust Small Cap Core AlphaDEX Fund 2.2 61 -32 5.0 -4.6
BKSE BNY Mellon US Small Cap Core Equity ETF 2.2 4 25 5.0 -4.5
RSSL Global X Russell 2000 ETF 2.2 8 21 3.1 -6.5
CSMD Congress SMid Growth ETF 2.1 69 -40 3.1 -6.5
FFTY Innovator IBD 50 ETF 2.1 80 -51 -1.8 -11.3
JHSC John Hancock Multifactor Small Cap ETF 2.1 42 -13 5.7 -3.9
IWM iShares Russell 2000 ETF 2.1 19 10 3.1 -6.5
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 2.1 55 -26 3.4 -6.2
DEEP Roundhill Acquirers Deep Value ETF 2.1 80 -51 17.3 +7.7
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.0 39 -10 1.3 -8.3
PRNT 3D Printing ETF 2.0 66 -37 1.6 -8.0
FDLS Inspire Fidelis Multi Factor ETF 2.0 76 -47 4.0 -5.6
DFAS Dimensional U.S. Small Cap ETF 2.0 26 3 5.7 -3.9
MID American Century Mid Cap Growth Impact ETF 1.9 45 -16 2.8 -6.7
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 1.9 59 -30 5.3 -4.2
DFAT Dimensional U.S. Targeted Value ETF 1.9 28 1 8.8 -0.8
XSHQ Invesco S&P SmallCap Quality ETF 1.9 29 0 6.6 -2.9
SCHA Schwab U.S. Small-Cap ETF 1.9 4 25 4.8 -4.7
VTWO Vanguard Russell 2000 ETF 1.8 7 22 3.2 -6.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.8 9 20 3.5 -6.1
DFSV Dimensional US Small Cap Value ETF 1.8 31 -2 9.1 -0.4
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.8 80 -51 6.7 -2.9
AKAF The Frontier Economic Fund 1.8 20 9 5.5 -4.1
SQLV Royce Quant Small-Cap Quality Value ETF 1.7 60 -31 8.3 -1.2
MGMT Ballast Small/Mid Cap ETF 1.7 110 -81 6.6 -2.9
GDX VanEck Gold Miners ETF 1.7 51 -22 2.4 -7.2
SVAL iShares US Small Cap Value Factor ETF 1.7 20 9 7.8 -1.8
SCOW Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF 1.7 59 -30 8.7 -0.9
PSC Principal U.S. Small-Cap ETF 1.7 38 -9 5.9 -3.7
FXZ First Trust Materials AlphaDEX Fund 1.7 61 -32 7.7 -1.9
NANR SPDR S&P North American Natural Resources ETF 1.6 35 -6 6.7 -2.9
IWO iShares Russell 2000 Growth ETF 1.6 24 5 0.6 -9.0
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.6 39 -10 2.7 -6.9
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.6 70 -41 1.6 -8.0
IYM iShares U.S. Basic Materials ETF 1.6 40 -11 5.0 -4.6
PAVE Global X U.S. Infrastructure Development ETF 1.5 47 -18 4.3 -5.3
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.5 17 12 5.1 -4.4
CCNR ALPS CoreCommodity Natural Resources ETF 1.5 39 -10 7.3 -2.3
RNIN Bushido Capital US SMID Cap Equity ETF 1.5 70 -41 11.2 +1.6
XSLV Invesco S&P SmallCap Low Volatility ETF 1.5 25 4 7.6 -2.0
SAGP Strategas Global Policy Opportunities ETF 1.4 65 -36 4.6 -5.0
VBR Vanguard Small Cap Value ETF 1.4 7 22 7.8 -1.8
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.4 35 -6 6.5 -3.1
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.4 39 -10 4.3 -5.3
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.4 60 -31 -0.9 -10.5
ISCV iShares Morningstar Small Cap Value ETF 1.4 6 23 7.5 -2.1
HAPS Harbor Human Capital Factor US Small Cap ETF 1.4 60 -31 3.4 -6.2
GLRY Inspire Faithward Mid Cap Momentum ETF 1.4 80 -51 5.0 -4.6
NIXT Research Affiliates Deletions ETF 1.3 9 20 7.4 -2.2
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 1.3 35 -6 6.3 -3.3
ROSC Hartford Multifactor Small Cap ETF 1.3 34 -5 7.9 -1.7
VTWG Vanguard Russell 2000 Growth ETF 1.3 10 19 0.8 -8.8
VAMO Cambria Value & Momentum ETF 1.3 61 -32 5.4 -4.2
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.3 20 9 4.7 -4.9
ASCE Allspring SMID Core ETF 1.3 38 -9 7.7 -1.9
PHO Invesco Water Resources ETF 1.2 60 -31 4.2 -5.4
FILL iShares MSCI Global Energy Producers ETF 1.2 39 -10 5.2 -4.4
ISCB iShares Morningstar Small-Cap ETF 1.2 4 25 5.0 -4.6
FIW First Trust Water ETF 1.2 53 -24 4.3 -5.3
PICK iShares MSCI Global Metals & Mining Producers ETF 1.2 39 -10 8.7 -0.9
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.2 60 -31 6.0 -3.6
FFOX FundX Future Fund Opportunities ETF 1.1 100 -71 2.7 -6.9
PXI Invesco Dorsey Wright Energy Momentum ETF 1.1 60 -31 6.1 -3.5
VFVA Vanguard U.S. Value Factor ETF 1.1 13 16 9.4 -0.2
SFLO VictoryShares Small Cap Free Cash Flow ETF 1.1 49 -20 9.9 +0.3
AVIE Avantis  Inflation Focused Equity ETF 1.1 25 4 6.3 -3.3
ISCG iShares Morningstar Small-Cap Growth ETF 1.0 6 23 2.5 -7.1
VB Vanguard Small-Cap ETF 1.0 5 24 5.2 -4.4
VXF Vanguard Extended Market ETF 1.0 5 24 3.9 -5.7
IJK iShares S&P Mid-Cap 400 Growth ETF 1.0 17 12 4.8 -4.8
FLOW Global X U.S. Cash Flow Kings 100 ETF 1.0 25 4 10.8 +1.2
SYLD Cambria Shareholder Yield ETF 0.9 59 -30 10.9 +1.4
FYC First Trust Small Cap Growth AlphaDEX Fund 0.9 71 -42 -1.3 -10.9
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.9 40 -11 4.1 -5.5
IGE iShares North American Natural Resources ETF 0.9 41 -12 6.4 -3.2
SMLF iShares U.S. SmallCap Equity Factor ETF 0.9 15 14 5.2 -4.4
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.9 15 14 4.8 -4.8
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.9 43 -14 5.1 -4.5
FSMD Fidelity Small-Mid Multifactor ETF 0.9 15 14 6.0 -3.5
SMOT VanEck Morningstar SMID Moat ETF 0.8 49 -20 5.8 -3.8
ANEW ProShares MSCI Transformational Changes ETF 0.8 45 -16 4.6 -5.0
DXUV Dimensional US Vector Equity ETF 0.8 28 1 5.2 -4.4
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.8 30 -1 5.6 -4.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.8 7 22 4.9 -4.7
ETHO Etho Climate Leadership U.S. ETF 0.8 47 -18 4.7 -4.9
FDM First Trust Dow Jones Select MicroCap Index Fund 0.8 60 -31 7.0 -2.6
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.8 25 4 6.8 -2.8
SIXL ETC 6 Meridian Low Beta Equity ETF 0.8 80 -51 5.7 -3.9
SMCF Themes US Small Cap Cash Flow Champions ETF 0.7 29 0 10.4 +0.9
FTRI First Trust Indxx Global Natural Resources Income ETF 0.7 70 -41 6.4 -3.2
EFRA iShares Environmental Infrastructure and Industrials ETF 0.7 47 -18 4.8 -4.8
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.7 20 9 2.5 -7.0
EQAL Invesco Russell 1000 Equal Weight ETF 0.7 20 9 6.3 -3.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.7 64 -35 0.9 -8.7
FNX First Trust Mid Cap Core AlphaDEX Fund 0.6 60 -31 5.9 -3.7
CGW Invesco S&P Global Water Index ETF 0.6 57 -28 4.2 -5.4
GVLU Gotham 1000 Value ETF 0.6 50 -21 8.2 -1.4
RCGE RockCreek Global Equality ETF 0.6 95 -66 6.0 -3.5
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.6 24 5 7.3 -2.3
MOO VanEck Agribusiness ETF 0.5 53 -24 9.5 -0.1
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.5 15 14 5.2 -4.4
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.5 15 14 6.9 -2.7
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.5 20 9 9.0 -0.6
VBK Vanguard Small-Cap Growth ETF 0.5 7 22 1.4 -8.1
VFMO Vanguard U.S. Momentum Factor ETF 0.5 13 16 2.5 -7.1
EZM WisdomTree U.S. MidCap Fund 0.5 38 -9 7.5 -2.1
FAB First Trust Multi Cap Value AlphaDEX Fund 0.5 67 -38 8.7 -0.9
TTAC FCF US Quality ETF 0.5 59 -30 5.0 -4.6
IWC iShares Micro-Cap ETF 0.5 60 -31 -1.3 -10.8
MDY SPDR S&P Midcap 400 ETF Trust 0.5 24 5 6.0 -3.6
IJH iShares Core S&P Mid-Cap ETF 0.5 5 24 6.2 -3.4
BFOR ALPS Barron's 400 ETF 0.5 65 -36 4.9 -4.7
DON WisdomTree U.S. MidCap Dividend Fund 0.5 38 -9 8.1 -1.5
CVAR Cultivar ETF 0.5 87 -58 6.7 -2.9
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.4 3 26 6.2 -3.4
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.4 95 -66 -0.5 -10.0
DVY iShares Select Dividend ETF 0.4 38 -9 8.2 -1.4
GNR SPDR S&P Global Natural Resources ETF 0.4 40 -11 9.0 -0.6
AFMC First Trust Active Factor Mid Cap ETF 0.4 65 -36 7.0 -2.6
FTAG First Trust Indxx Global Agriculture ETF 0.4 70 -41 7.5 -2.1
QQQS Invesco NASDAQ Future Gen 200 ETF 0.4 20 9 -4.6 -14.2
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 0.4 55 -26 9.2 -0.4
VEGI iShares MSCI Agriculture Producers ETF 0.4 39 -10 8.0 -1.6
CVY Invesco Zacks Multi-Asset Income ETF 0.4 106 -77 10.3 +0.7
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 11 6.9 -2.7
SFYX SoFi Next 500 ETF 0.4 0 29 4.9 -4.6
SLX VanEck Steel ETF 0.4 56 -27 11.7 +2.2
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 17 12 4.7 -4.9
DFUV Dimensional US Marketwide Value ETF 0.4 22 7 6.4 -3.2
HWAY Themes US Infrastructure ETF 0.4 29 0 5.0 -4.6
OCEN IQ Clean Oceans ETF 0.3 45 -16 5.1 -4.5
SDY State Street SPDR S&P Dividend ETF 0.3 35 -6 6.1 -3.5
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.3 4 25 5.1 -4.5
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.3 12 17 6.5 -3.1
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 4 4.7 -4.9
EBI Longview Advantage ETF 0.3 35 -6 5.8 -3.8
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -60 4.2 -5.4
FNDB Schwab Fundamental US Broad Market Index ETF 0.3 25 4 6.3 -3.3
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.3 35 -6 4.9 -4.6
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 11 4.5 -5.1
JVAL JPMorgan U.S. Value Factor ETF 0.3 12 17 6.9 -2.7
DCOR Dimensional US Core Equity 1 ETF 0.3 14 15 4.6 -5.0
CALF Pacer US Small Cap Cash Cows 100 ETF 0.3 59 -30 9.3 -0.3
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.3 20 9 5.4 -4.2
SCHM Schwab U.S. Mid-Cap ETF 0.3 4 25 5.9 -3.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 29 0 5.6 -4.0
SMMD iShares Russell 2500 ETF 0.2 15 14 5.7 -3.9
AVUS Avantis U.S. Equity ETF 0.2 15 14 5.0 -4.6
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.2 30 -1 7.0 -2.6
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 9 7.2 -2.4
DHS WisdomTree U.S. High Dividend Fund 0.2 38 -9 7.2 -2.4
IWS iShares Russell Mid-Cap Value ETF 0.2 23 6 6.2 -3.4
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 -10 5.9 -3.7
JAVA JPMorgan Active Value ETF 0.2 44 -15 5.5 -4.1
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 14 5.0 -4.6
DFAU Dimensional US Core Equity Market ETF 0.2 12 17 4.3 -5.3
OPTZ Optimize Strategy Index ETF 0.2 50 -21 4.1 -5.4
DEUS Xtrackers Russell US Multifactor ETF 0.2 17 12 6.0 -3.6
QLV FlexShares US Quality Low Volatility Index Fund 0.2 22 7 5.1 -4.5
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.2 20 9 5.7 -3.9
APUE ActivePassive U.S. Equity ETF 0.2 45 -16 3.9 -5.7
COPY Tweedy, Browne Insider + Value ETF 0.2 80 -51 10.2 +0.6
PEXL Pacer US Export Leaders ETF 0.1 60 -31 3.8 -5.8
IWR iShares Russell Midcap ETF 0.1 19 10 5.4 -4.2
VFQY Vanguard U.S. Quality Factor ETF 0.1 13 16 5.3 -4.3
WDNA WisdomTree BioRevolution Fund 0.1 45 -16 -1.9 -11.5
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.1 3 26 4.4 -5.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 26 4.2 -5.4
VTI Vanguard Total Stock Market ETF 0.1 3 26 4.2 -5.4
DFUS Dimensional U.S. Equity ETF 0.1 9 20 4.1 -5.5
IWV iShares Russell 3000 ETF 0.1 20 9 4.0 -5.5
VTHR Vanguard Russell 3000 ETF 0.1 7 22 4.2 -5.4
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 4 6.4 -3.2
SCHB Schwab U.S. Broad Market ETF 0.1 3 26 4.3 -5.3
DTD WisdomTree U.S. Total Dividend Fund 0.1 28 1 5.6 -4.0
TEXN iShares Texas Equity ETF 0.1 20 9 5.5 -4.1
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 14 4.6 -5.0
VYM Vanguard High Dividend Yield Index ETF 0.1 6 23 6.2 -3.3
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 20 4.1 -5.5
VIG Vanguard Dividend Appreciation ETF 0.1 5 24 4.8 -4.7
PKW Invesco Buyback Achievers ETF 0.1 62 -33 7.0 -2.5
FELG Fidelity Enhanced Large Cap Growth ETF 0.1 18 11 3.8 -5.8
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 17 3.4 -6.2
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 0.1 5 24 7.1 -2.5
PFM Invesco Dividend Achievers ETF 0.1 53 -24 4.6 -5.0
IYJ iShares U.S. Industrials ETF 0.1 40 -11 3.9 -5.7
SCHD Schwab US Dividend Equity ETF 0.1 6 23 8.8 -0.8
CCSO Carbon Collective Climate Solutions US Equity ETF 0.1 35 -6 1.1 -8.5
STXV Strive 1000 Value ETF 0.1 18 11 7.1 -2.5
AVUQ Avantis U.S. Quality ETF 0.1 15 14 3.5 -6.0
VT Vanguard Total World Stock ETF 0.1 6 23 5.1 -4.5
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 17 5.7 -3.9
PTL Inspire 500 ETF 0.1 9 20 4.6 -4.9
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 -13 5.4 -4.2
FDRR Fidelity Dividend ETF for Rising Rates 0.1 15 14 6.2 -3.4
VFMF Vanguard U.S. Multifactor ETF 0.1 18 11 6.7 -2.9
IUS Invesco RAFI Strategic US ETF 0.1 19 10 6.0 -3.6
IWD iShares Russell 1000 Value ETF 0.1 19 10 5.6 -4.0
VONV Vanguard Russell 1000 Value ETF 0.1 7 22 5.7 -3.9
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 8 3.1 -6.5
TXS Texas Capital Texas Equity Index ETF 0.1 49 -20 5.2 -4.4
RAFE PIMCO RAFI ESG U.S. ETF 0.1 29 0 6.1 -3.5
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 18 4.2 -5.4
SCHK Schwab 1000 Index ETF 0.0 5 24 4.3 -5.3
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 25 3.4 -6.2
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.0 15 14 4.2 -5.4
REVS Columbia Research Enhanced Value ETF 0.0 19 10 6.9 -2.6
DSI iShares MSCI KLD 400 Social ETF 0.0 25 4 4.1 -5.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 20 4.9 -4.7
FELV Fidelity Enhanced Large Cap Value ETF 0.0 18 11 5.9 -3.7
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 15 4.2 -5.4
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 -20 4.8 -4.8
IWB iShares Russell 1000 ETF 0.0 15 14 4.2 -5.4
IYY iShares Dow Jones U.S. ETF 0.0 20 9 4.1 -5.5
VONE Vanguard Russell 1000 ETF 0.0 7 22 4.3 -5.3
SFGV Sequoia Global Value ETF 0.0 23 6 7.4 -2.2
GWX SPDR S&P International Small Cap ETF 0.0 40 -11 5.9 -3.7
RECS Columbia Research Enhanced Core ETF 0.0 15 14 5.1 -4.5
DIVB iShares Core Dividend ETF 0.0 5 24 7.3 -2.3
RAUS RACWI US ETF 0.0 15 14 4.2 -5.4
AVMC Avantis U.S. Mid Cap Equity ETF 0.0 18 11 5.9 -3.7
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 9 4.4 -5.2
DGRO iShares Core Dividend Growth ETF 0.0 8 21 5.8 -3.8
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 26 6.0 -3.6
ACVF American Conservative Values ETF 0.0 75 -46 3.6 -6.0

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 1.9 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 9.6 %
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.