Invesco S&P SmallCap Utilities & Communication Services ETF
ALTAR
Score™		 6.1% info Recommen-
dation		 NEUTRAL
2024E    2025E
P/E
ratio		 26.3x P/Sales
ratio		 0.8x
P/BV
ratio		 1.2x Div.
yield		 2.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Invesco S&P Small Cap Utilities is based on the S&P SmallCap 600 Capped Utilities 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 PowerShares
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 No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 34
Wgt avg mkt cap (mns) $2,337
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 62.8%
Small cap (<$2bn) 37.2%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
OTTER TAIL CORP 6.7 %
MADISON SQUARE GARDEN CO. CLASS A 5.7 %
MGE ENERGY INC 5.3 %
AVISTA CORP 5.2 %
TRIPADVISOR INC 5.2 %
COGENT COMMUNICATIONS HOLDINGS INC 5.1 %
CALIFORNIA WATER SERVICE GRP 5.0 %
AMERICAN STATES WATER CO 4.9 %
YELP INC 4.8 %
CHESAPEAKE UTILITIES CORP 4.5 %
Total 52.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 100.5 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-4.7% -5.7% 1.3% 6.6% 8.1%

Market Correlations
versus... Beta R-squared
S&P500 0.76 62%
MSCI EAFE 0.75 56%
MSCI Emg. Mkts. 0.48 25%

Technical Indicators
Recent close $50.32
30d moving avg. $50.65
Annualized volatility 17.1%
Short interest (ETF) 0.3%
Short interest (Underlying) 7.5%
Relative strength (RSI) 61

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.3%
Bid/Ask (% of price) 0.26%
ADV underlying (mns) $584

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 276 potential alternatives to the Invesco S&P SmallCap Utilities & Communication Services ETF ETF based on the alternatives' overlap in portfolio holdings with PSCU. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: PSCU Expense: 29 bp ALTAR Score™: 6.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH PSCU
Ticker Fund
Name		 Overlap1
vs PSCU
(%)		 Expense
ratio
(bp)		 Savings
vs PSCU
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs PSCU
(%)
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 11.5 30 -1 12.3 +6.2
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 11.3 35 -6 9.0 +2.9
XTL SPDR S&P Telecom ETF 11.1 35 -6 6.6 +0.5
SMDV ProShares Russell 2000 Dividend Growers ETF 10.0 40 -11 7.2 +1.1
PEY Invesco High Yield Equity Dividend Achievers ETF 9.5 52 -23 9.4 +3.3
XSLV Invesco S&P SmallCap Low Volatility ETF 9.4 25 4 6.9 +0.7
SIXS ETC 6 Meridian Small Cap Equity ETF 9.1 89 -60 9.0 +2.9
SSLY Syntax Stratified SmallCap ETF 8.3 40 -11 7.5 +1.4
PEJ Invesco Leisure and Entertainment ETF 8.3 58 -29 0.4 -5.7
DIV Global X SuperDividend US ETF 7.8 45 -16 7.8 +1.7
TMDV ProShares Russell US Dividend Growers ETF 6.5 35 -6 6.5 +0.4
IFRA iShares U.S. Infrastructure ETF 6.5 30 -1 6.3 +0.2
RZG Invesco S&P Smallcap 600 Pure Growth ETF 6.0 35 -6 7.2 +1.1
CGW Invesco S&P Global Water Index ETF 5.8 57 -28 3.8 -2.4
RWJ Invesco S&P SmallCap 600 Revenue ETF 5.3 39 -10 9.4 +3.3
FIW First Trust Water ETF 5.2 53 -24 4.5 -1.6
BEDZ AdvisorShares Hotel ETF 5.2 100 -71 2.9 -3.3
SLYG SPDR S&P 600 Small Cap Growth ETF 5.1 15 14 7.1 +0.9
IJT iShares S&P Small-Cap 600 Growth ETF 5.1 18 11 7.0 +0.9
IBUY Amplify Online Retail ETF 5.0 65 -36 1.8 -4.3
RNSC Furst Trust Small Cap US Equity Select ETF 4.8 60 -31 8.4 +2.3
SPSM SPDR Portfolio S&P 600 Small Cap ETF 4.7 3 26 8.2 +2.1
IJR iShares Core S&P Small Cap ETF 4.7 6 23 8.2 +2.1
SIXL ETC 6 Meridian Low Beta Equity ETF 4.6 80 -51 5.1 -1.0
VIOV Vanguard S&P Small-Cap 600 Value ETF 4.5 15 14 8.7 +2.6
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 4.5 15 14 8.2 +2.1
DES WisdomTree U.S. SmallCap Dividend Fund 4.5 38 -9 8.1 +2.0
AQWA Global X Clean Water ETF 4.4 50 -21 4.3 -1.8
XJR iShares ESG Screened S&P Small-Cap ETF 4.4 12 17 7.7 +1.6
SLYV SPDR S&P 600 Small Cap Value ETF 4.4 15 14 9.4 +3.3
IJS iShares S&P Small-Cap 600 Value ETF 4.4 18 11 9.3 +3.2
VIOO Vanguard S&P Small-Cap 600 ETF 4.3 10 19 7.8 +1.7
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 4.2 59 -30 8.5 +2.4
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 4.1 29 0 7.4 +1.3
FLQS Franklin U.S. Small Cap Multifactor Index ETF 4.1 35 -6 7.5 +1.4
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 4.1 42 -13 7.5 +1.4
CSA VictoryShares US Small Cap Volatility Wtd ETF 4.1 35 -6 7.6 +1.5
VIOG Vanguard S&P Small-Cap 600 Growth ETF 4.0 15 14 6.9 +0.8
TPSC Timothy Plan US Small Cap Core ETF 3.9 52 -23 7.6 +1.5
AZTD Aztlan Global Stock Selection DM SMID ETF 3.8 75 -46 6.6 +0.5
AWAY ETFMG Travel Tech ETF 3.8 76 -47 -4.1 -10.2
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 3.8 20 9 4.5 -1.6
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 3.7 38 -9 6.7 +0.6
EBIZ Global X E-Commerce ETF 3.7 50 -21 1.2 -5.0
FYT First Trust Small Cap Value AlphaDEX Fund 3.7 73 -44 11.7 +5.6
XSHQ Invesco S&P SmallCap Quality ETF 3.7 29 0 10.1 +4.0
UFO Procure Space ETF 3.4 75 -46 -4.0 -10.1
FXU First Trust Utilities AlphaDEX Fund 3.3 64 -35 6.2 +0.1
ESIX SPDR S&P SmallCap 600 ESG ETF 3.2 12 17 7.8 +1.7
AVSC Avantis U.S Small Cap Equity ETF 3.2 25 4 5.4 -0.7
VRAI Virtus Real Asset Income ETF 3.1 55 -26 8.6 +2.5
RZV Invesco S&P Smallcap 600 Pure Value ETF 3.1 35 -6 10.5 +4.3
HLGE Hartford Longevity Economy ETF 3.1 44 -15 6.6 +0.5
GDIV Harbor Dividend Growth Leaders ETF 3.0 50 -21 6.0 -0.1
SMLE Xtrackers S&P SmallCap 600 ESG ETF 3.0 15 14 7.6 +1.5
FYX First Trust Small Cap Core AlphaDEX Fund 3.0 61 -32 7.2 +1.1
FCOM Fidelity MSCI Communication Services Index ETF 3.0 8 21 4.8 -1.3
EES WisdomTree U.S. SmallCap Fund 2.9 38 -9 10.3 +4.2
EFRA iShares Environmental Infrastructure and Industrials ETF 2.8 47 -18 5.2 -0.9
SQLV Royce Quant Small-Cap Quality Value ETF 2.8 60 -31 9.0 +2.9
VOX Vanguard Communication Services ETF 2.8 10 19 5.1 -1.0
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 2.8 80 -51 6.5 +0.4
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 2.8 39 -10 4.5 -1.6
OSCV Opus Small Cap Value ETF 2.7 79 -50 6.4 +0.3
FYC First Trust Small Cap Growth AlphaDEX Fund 2.7 71 -42 0.9 -5.2
PHO Invesco Water Resources ETF 2.6 60 -31 4.3 -1.8
VFMV Vanguard U.S. Minimum Volatility ETF 2.6 13 16 5.4 -0.8
MGMT Ballast Small/Mid Cap ETF 2.5 110 -81 7.8 +1.7
RFDA RiverFront Dynamic US Dividend Advantage ETF 2.5 52 -23 6.3 +0.2
ETHO Etho Climate Leadership U.S. ETF 2.5 47 -18 4.1 -2.1
CVAR Cultivar ETF 2.4 87 -58 6.9 +0.8
PUI Invesco Dorsey Wright Utilities Momentum ETF 2.4 60 -31 6.2 +0.1
XSMO Invesco S&P SmallCap Momentum ETF 2.4 39 -10 7.8 +1.7
FVD First Trust Value Line Dividend Index Fund 2.3 65 -36 6.0 -0.1
FUTY Fidelity MSCI Utilities Index ETF 2.3 8 21 6.3 +0.1
FNDA Schwab Fundamental US Small Co. Index ETF 2.2 25 4 6.8 +0.7
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 2.2 39 -10 8.9 +2.8
CALF Pacer US Small Cap Cash Cows 100 ETF 2.2 59 -30 11.1 +5.0
BSVO EA Bridgeway Omni Small-Cap Value ETF 2.2 47 -18 9.8 +3.7
VPU Vanguard Utilities ETF 2.1 10 19 6.2 +0.1
TAN Invesco Solar ETF 2.1 67 -38 6.2 +0.0
ACES ALPS Clean Energy ETF 2.1 55 -26 -5.0 -11.1
ROSC Hartford Multifactor Small Cap ETF 2.1 34 -5 10.1 +4.0
STXK Strive Small-Cap ETF 2.0 18 11 5.5 -0.6
XSVM Invesco S&P SmallCap Value with Momentum ETF 2.0 36 -7 11.1 +5.0
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 2.0 9 20 4.0 -2.1
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 2.0 35 -6 5.4 -0.7
BKSE BNY Mellon US Small Cap Core Equity ETF 1.9 4 25 5.7 -0.4
IWN iShares Russell 2000 Value ETF 1.9 24 5 5.6 -0.5
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.9 20 9 6.7 +0.6
ISMD Inspire Small/Mid Cap ETF 1.9 54 -25 6.1 -0.0
JETS U.S. Global Jets ETF 1.8 60 -31 -15.6 -21.7
IWM iShares Russell 2000 ETF 1.8 19 10 3.6 -2.5
VCLN Virtus Duff & Phelps Clean Energy ETF 1.8 59 -30 3.5 -2.6
FRNW Fidelity Clean Energy ETF 1.8 39 -10 3.7 -2.4
PSC Principal U.S. Small-Cap ETF 1.8 38 -9 6.6 +0.4
ECLN First Trust EIP Carbon Impact ETF 1.8 96 -67 5.3 -0.8
VTWV Vanguard Russell 2000 Value ETF 1.8 15 14 5.8 -0.3
VTWO Vanguard Russell 2000 ETF 1.8 10 19 3.9 -2.3
IWO iShares Russell 2000 Growth ETF 1.7 24 5 1.4 -4.7
VTWG Vanguard Russell 2000 Growth ETF 1.7 15 14 1.7 -4.4
EBLU Ecofin Global Water ESG Fund 1.6 40 -11 3.9 -2.2
IWTR iShares MSCI Water Management Multisector ETF 1.6 47 -18 4.8 -1.3
DFAS Dimensional U.S. Small Cap ETF 1.6 26 3 6.0 -0.1
PRAY FIS Christian Stock Fund 1.6 69 -40 5.9 -0.2
VUSE Vident U.S. Equity Strategy ETF 1.6 50 -21 3.6 -2.5
RNRG Global X Renewable Energy Producers ETF 1.6 66 -37 4.9 -1.2
SCHA Schwab U.S. Small-Cap ETF 1.5 4 25 4.9 -1.2
ISCV iShares Morningstar Small Cap Value ETF 1.5 6 23 8.1 +2.0
JSML Janus Henderson Small Cap Growth Alpha ETF 1.5 30 -1 9.3 +3.2
MRAD SmartETFs Advertising & Marketing Technology ETF 1.4 68 -39 4.2 -1.9
RNWZ TrueShares Eagle Global Renewable Energy Income ETF 1.3 75 -46 7.8 +1.7
SOCL Global X Social Media ETF 1.3 65 -36 -5.8 -11.9
ICLN iShares Global Clean Energy ETF 1.3 41 -12 4.3 -1.8
TPYP Tortoise North American Pipeline Fund 1.3 40 -11 5.3 -0.8
DSMC Distillate Small/Mid Cash Flow ETF 1.3 55 -26 11.8 +5.6
ISCB iShares Morningstar Small-Cap ETF 1.3 4 25 5.3 -0.8
SMLF iShares U.S. SmallCap Equity Factor ETF 1.2 15 14 5.8 -0.3
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 1.2 12 17 7.3 +1.2
MILN Global X Millennial Consumer ETF 1.2 50 -21 2.4 -3.7
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.2 17 12 5.4 -0.7
FSMD Fidelity Small-Mid Multifactor ETF 1.2 15 14 7.6 +1.5
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 1.2 48 -19 5.6 -0.5
WBIY WBI Power Factor High Dividend ETF 1.2 100 -71 11.0 +4.9
SKYY First Trust Cloud Computing ETF 1.2 60 -31 3.5 -2.6
WDIV SPDR S&P Global Dividend ETF 1.1 40 -11 10.2 +4.1
ISCG iShares Morningstar Small-Cap Growth ETF 1.1 6 23 2.5 -3.7
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.1 24 5 7.8 +1.7
AVUV Avantis U.S. Small Cap Value ETF 1.1 25 4 10.0 +3.9
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.0 58 -29 -0.3 -6.4
FAN First Trust Global Wind Energy ETF 1.0 60 -31 5.5 -0.6
RNEW VanEck Green Infrastructure ETF 1.0 45 -16 -0.4 -6.5
SMCP AlphaMark Actively Managed Small Cap ETF 1.0 90 -61 6.8 +0.7
NUSC Nuveen ESG Small-Cap ETF 1.0 31 -2 5.2 -1.0
FTRI First Trust Indxx Global Natural Resources Income ETF 1.0 70 -41 10.6 +4.5
DBLV AdvisorShares DoubleLine Value Equity ETF 0.9 90 -61 7.5 +1.3
OALC OneAscent Large Cap Core ETF 0.9 86 -57 5.9 -0.3
VBR Vanguard Small Cap Value ETF 0.9 7 22 8.2 +2.1
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 0.9 47 -18 0.7 -5.5
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 0.9 60 -31 9.5 +3.4
IWC iShares Micro-Cap ETF 0.9 60 -31 -4.3 -10.4
SDY SPDR S&P Dividend ETF 0.9 35 -6 6.3 +0.1
EZM WisdomTree U.S. MidCap Fund 0.9 38 -9 8.1 +2.0
VB Vanguard Small-Cap ETF 0.8 5 24 5.4 -0.7
IQRA IQ CBRE Real Assets ETF 0.8 65 -36 5.9 -0.2
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.8 50 -21 5.8 -0.3
VBK Vanguard Small-Cap Growth ETF 0.8 7 22 1.5 -4.7
ICAP InfraCap Equity Income Fund ETF 0.8 171 -142 6.8 +0.7
VXF Vanguard Extended Market ETF 0.8 6 23 3.9 -2.2
SVAL iShares US Small Cap Value Factor ETF 0.8 20 9 11.4 +5.3
DHS WisdomTree U.S. High Dividend Fund 0.8 38 -9 8.8 +2.7
EMLP First Trust North American Energy Infrastructure Fund 0.7 95 -66 5.4 -0.8
FAB First Trust Multi Cap Value AlphaDEX Fund 0.7 67 -38 9.2 +3.1
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.7 46 -17 5.6 -0.6
DFSV Dimensional US Small Cap Value ETF 0.7 31 -2 8.9 +2.8
AFSM First Trust Active Factor Small Cap ETF 0.7 75 -46 7.6 +1.5
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.7 64 -35 2.1 -4.1
DFAT Dimensional U.S. Targeted Value ETF 0.6 28 1 8.2 +2.1
DEEP Roundhill Acquirers Deep Value ETF 0.6 80 -51 15.3 +9.2
QQQS Invesco NASDAQ Future Gen 200 ETF 0.6 20 9 -7.8 -13.9
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.6 15 14 7.0 +0.9
ARB AltShares Merger Arbitrage ETF 0.6 77 -48 -0.2 -6.3
VAMO Cambria Value & Momentum ETF 0.6 61 -32 9.6 +3.5
CCSO Carbon Collective Climate Solutions US Equity ETF 0.6 35 -6 2.3 -3.8
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.6 7 22 5.7 -0.4
ACTV LeaderShares Activist Leaders ETF 0.5 75 -46 8.1 +2.0
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.5 25 4 8.8 +2.7
FDWM Fidelity Women's Leadership ETF 0.5 59 -30 4.8 -1.3
VFMF Vanguard U.S. Multifactor ETF 0.5 18 11 8.7 +2.5
QLV FlexShares US Quality Low Volatility Index Fund 0.5 22 7 5.2 -1.0
BFOR ALPS Barron's 400 ETF 0.5 65 -36 6.6 +0.5
XT iShares Exponential Technologies ETF 0.5 46 -17 3.9 -2.3
JHSC John Hancock Multifactor Small Cap ETF 0.5 42 -13 6.2 +0.1
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.5 70 -41 1.8 -4.3
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.4 49 -20 4.8 -1.4
WCEO Hypatia Women CEO ETF 0.4 85 -56 5.2 -1.0
VFQY Vanguard U.S. Quality Factor ETF 0.4 13 16 7.2 +1.1
FSST Fidelity Sustainable U.S. Equity ETF 0.4 59 -30 4.9 -1.2
HKND Humankind US Stock ETF 0.4 11 18 7.0 +0.8
QDEF FlexShares Quality Dividend Defensive Index Fund 0.4 37 -8 4.8 -1.3
VFVA Vanguard U.S. Value Factor ETF 0.4 13 16 10.6 +4.5
VFMO Vanguard U.S. Momentum Factor ETF 0.4 13 16 2.8 -3.4
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.4 30 -1 7.6 +1.5
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.3 45 -16 6.2 +0.1
GLIF AGF Global Infrastructure ETF 0.3 45 -16 5.5 -0.6
DVY iShares Select Dividend ETF 0.3 38 -9 9.1 +3.0
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.3 15 14 10.1 +4.0
EQAL Invesco Russell 1000 Equal Weight ETF 0.3 20 9 6.0 -0.2
CVY Invesco Zacks Multi-Asset Income ETF 0.3 106 -77 8.9 +2.8
FNDB Schwab Fundamental US Broad Market Index ETF 0.3 25 4 7.1 +1.0
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.3 27 2 8.4 +2.3
GVLU Gotham 1000 Value ETF 0.3 50 -21 7.4 +1.3
PNQI Invesco NASDAQ Internet ETF 0.3 60 -31 2.6 -3.5
DFNV Donoghue Forlines Innovation ETF 0.3 69 -40 5.0 -1.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.3 46 -17 8.8 +2.7
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 4 5.7 -0.5
JRNY ALPS Global Travel Beneficiaries ETF 0.3 65 -36 0.0 -6.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.3 17 12 5.7 -0.5
DTD WisdomTree U.S. Total Dividend Fund 0.2 28 1 6.5 +0.4
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.2 29 0 9.1 +3.0
DON WisdomTree U.S. MidCap Dividend Fund 0.2 38 -9 8.6 +2.5
FDMO Fidelity Momentum Factor ETF 0.2 15 14 3.7 -2.4
IDU iShares U.S. Utilities ETF 0.2 40 -11 5.5 -0.6
FQAL Fidelity Quality Factor ETF 0.2 15 14 5.9 -0.2
ANEW ProShares MSCI Transformational Changes ETF 0.2 45 -16 3.3 -2.8
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 -60 4.8 -1.4
SXQG ETC 6 Meridian Quality Growth ETF 0.2 100 -71 4.4 -1.7
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 17 5.7 -0.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.2 29 0 6.3 +0.2
FNDX Schwab Fundamental US Large Co. Index ETF 0.2 25 4 7.1 +1.0
SAGP Strategas Global Policy Opportunities ETF 0.2 65 -36 4.5 -1.6
AVUS Avantis U.S. Equity ETF 0.2 15 14 6.0 -0.1
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.2 20 9 8.0 +1.9
FNX First Trust Mid Cap Core AlphaDEX Fund 0.2 60 -31 6.0 -0.1
VLU SPDR S&P 1500 Value Tilt ETF 0.2 12 17 7.1 +1.0
IUS Invesco RAFI Strategic US ETF 0.2 19 10 7.3 +1.1
SMMD iShares Russell 2500 ETF 0.1 15 14 6.0 -0.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 -18 5.9 -0.2
VYM Vanguard High Dividend Yield Index ETF 0.1 6 23 7.3 +1.2
PFM Invesco Dividend Achievers ETF 0.1 53 -24 5.7 -0.4
DFSU Dimensional US Sustainability Core 1 ETF 0.1 18 11 5.7 -0.4
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 9 7.1 +1.0
DEW WisdomTree Global High Dividend Fund 0.1 58 -29 9.1 +3.0
ONEY SPDR Russell 1000 Yield Focus ETF 0.1 20 9 10.0 +3.9
DFAU Dimensional US Core Equity Market ETF 0.1 12 17 5.4 -0.8
FDL First Trust Morningstar Dividend Leaders Index Fund 0.1 45 -16 9.7 +3.6
PKW Invesco Buyback Achievers ETF 0.1 62 -33 7.1 +1.0
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 26 5.1 -1.0
IWS iShares Russell Mid-Cap Value ETF 0.1 23 6 6.6 +0.5
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 26 5.4 -0.7
IYC iShares U.S. Consumer Discretionary ETF 0.1 40 -11 3.8 -2.4
DFUV Dimensional US Marketwide Value ETF 0.1 22 7 7.6 +1.5
VTHR Vanguard Russell 3000 ETF 0.1 10 19 5.1 -1.0
IWV iShares Russell 3000 ETF 0.1 20 9 5.0 -1.1
VTI Vanguard Total Stock Market ETF 0.1 3 26 5.1 -1.0
TXS Texas Capital Texas Equity Index ETF 0.1 49 -20 5.6 -0.6
SCHB Schwab U.S. Broad Market ETF 0.1 3 26 5.2 -0.9
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -31 3.8 -2.3
DFUS Dimensional U.S. Equity ETF 0.1 9 20 5.1 -1.0
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.1 95 -66 1.7 -4.4
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 8 3.9 -2.2
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 12 7.1 +1.0
VIG Vanguard Dividend Appreciation ETF 0.1 6 23 5.8 -0.3
GINN Goldman Sachs Innovate Equity ETF 0.1 52 -23 2.7 -3.4
DURA VanEck Durable High Dividend ETF 0.1 29 0 7.3 +1.2
IWR iShares Russell Midcap ETF 0.1 19 10 5.7 -0.4
JVAL JPMorgan U.S. Value Factor ETF 0.1 12 17 8.4 +2.3
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.1 24 5 8.0 +1.9
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 20 5.1 -1.1
IGM iShares Expanded Tech Sector ETF 0.1 41 -12 4.5 -1.6
PRF Invesco FTSE RAFI US 1000 ETF 0.1 39 -10 7.3 +1.2
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -46 3.8 -2.4
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 15 5.4 -0.7
DGRO iShares Core Dividend Growth ETF 0.1 8 21 6.5 +0.4
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 17 4.5 -1.6
RAFE PIMCO RAFI ESG U.S. ETF 0.1 29 0 7.2 +1.1
VT Vanguard Total World Stock ETF 0.1 7 22 5.8 -0.3
IEDI iShares U.S. Consumer Focused ETF 0.1 18 11 5.0 -1.1
REVS Columbia Research Enhanced Value ETF 0.1 19 10 7.7 +1.6
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.0 18 11 7.6 +1.5
AFMC First Trust Active Factor Mid Cap ETF 0.0 65 -36 7.5 +1.4
VONV Vanguard Russell 1000 Value ETF 0.0 8 21 6.7 +0.6
IWD iShares Russell 1000 Value ETF 0.0 19 10 6.6 +0.4
JHMM John Hancock Multifactor Mid Cap ETF 0.0 42 -13 6.6 +0.5
DIVB iShares Core Dividend ETF 0.0 5 24 8.0 +1.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 20 5.7 -0.4
SCHD Schwab US Dividend Equity ETF 0.0 6 23 9.6 +3.5
DSI iShares MSCI KLD 400 Social ETF 0.0 25 4 5.1 -1.0
RECS Columbia Research Enhanced Core ETF 0.0 15 14 5.6 -0.5
STXV Strive 1000 Value ETF 0.0 18 11 7.8 +1.7
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.0 40 -11 4.1 -2.0
VONE Vanguard Russell 1000 ETF 0.0 8 21 5.2 -0.9
IWB iShares Russell 1000 ETF 0.0 15 14 5.1 -1.0
IYY iShares Dow Jones U.S. ETF 0.0 20 9 5.1 -1.0
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 18 5.2 -0.9
STXG Strive 1000 Growth ETF 0.0 18 11 4.2 -1.9

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%.

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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 Utilities & Communication Services ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 7.8 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 6.1 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.78 CATEGORY
AVERAGE		 1.55
 
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.