Invesco DWA Consumer Staples Momentum ETF
ALTAR
Score™
4.1% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
25.4x P/Sales
ratio
0.6x
P/BV
ratio
3.5x Div.
yield
1.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Invesco Dynamic Consumer Staples Sector Portfolio seeks investment results that correspond to the price and yield of the Dynamic Consumer Staples Sector Index, which evaluates companies base

FUND BASICS
Category US Equities
Fund Sponsor Invesco PowerShares
Website www.powershares.com
Inception date Oct 12, 2006
Assets (mns) $107
Currency USD
Expense ratio 60 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 38
Wgt avg mkt cap (mns) $29,757
Large cap (>$10bn) 52.8%
Mid cap ($2-10bn) 37.1%
Small cap (<$2bn) 10.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MCCORMICK & CO-NON VTG SHRS 4.6 %
BOSTON BEER COMPANY INC-CL A 3.7 %
CHEGG INC 3.7 %
CLOROX COMPANY 3.6 %
ROLLINS INC 3.5 %
BROWN-FORMAN CORP-CLASS B 3.4 %
FRESHPET INC 3.4 %
ESTEE LAUDER COMPANIES-CL A 3.3 %
BRIGHT HORIZONS FAMILY SOLUT 3.3 %
PROCTER & GAMBLE CO/THE 3.2 %
Total 35.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.7 %
BERMUDA 2.0 %









HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-11.8% -8.8% 4.9% 11.6% 8.6%

Market Correlations
versus... Beta R-squared
S&P500 0.75 69%
MSCI EAFE 0.72 54%
MSCI Emg. Mkts. 0.46 35%

Technical Indicators
Recent close $66.60
30d moving avg. $64.76
Annualized volatility 15.3%
Short interest (ETF) 0.0%
Short interest (Underlying) 3.9%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 7
Turnover 0.4%
Bid/Ask (% of price) 0.19%
ADV underlying (mns) $7,218

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Invesco DWA Consumer Staples Momentum ETF ETF based on the alternatives' overlap in portfolio holdings with PSL. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: PSL Expense: 60 bp ALTAR Score™: 4.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH PSL
Ticker Fund
Name
Overlap1
vs PSL
(%)
Expense
ratio
(bp)
Savings
vs PSL
(bp)
ALTAR
Score™
(%)
ALTAR
vs PSL
(%)
RHS Invesco S&P 500 Equal Weight Consumer Staples ETF 29.1 40 20 6.5 +2.4
JHMS John Hancock Multifactor Consumer Staples ETF 24.2 40 20 6.0 +1.9
PBJ Invesco Dynamic Food & Beverage ETF 20.8 63 -3 5.1 +1.0
VDC Vanguard Consumer Staples Index Fund 20.0 10 50 5.6 +1.5
FTXG First Trust Nasdaq Food & Beverage ETF 19.1 60 0 6.4 +2.4
FSTA Fidelity MSCI Consumer Staples Index ETF 18.8 8 52 5.6 +1.5
FXG First Trust Consumer Staples AlphaDEX Fund 18.5 64 -4 7.1 +3.0
XLP Consumer Staples Select Sector SPDR Fund 18.4 13 47 5.5 +1.4
IECS iShares Evolved U.S. Consumer Staples ETF 17.6 18 42 5.6 +1.5
IYK iShares U.S. Consumer Goods ETF 15.1 42 18 5.3 +1.2
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 15.0 60 0 6.3 +2.2
KXI iShares Global Consumer Staples ETF 13.1 46 14 5.4 +1.3
PSCC Invesco S&P SmallCap Consumer Staples ETF 12.7 29 31 5.3 +1.2
JOYY Infusive Compounding Global Equities ETF 10.6 50 10 3.8 -0.2
NOBL ProShares S&P 500 Dividend Aristocrats ETF 10.4 35 25 6.2 +2.1
DVOL First Trust Dorsey Wright Momentum & Low Volatility ETF 10.3 60 0 3.4 -0.7
KNG Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF 10.3 75 -15 5.8 +1.7
VSDA VictoryShares Dividend Accelerator ETF 9.9 35 25 4.9 +0.8
TMDV ProShares Russell US Dividend Growers ETF 9.6 35 25 5.4 +1.3
ACT AdvisorShares Vice ETF 9.2 99 -39 5.6 +1.5
LSLT Salt Low truBeta US Market ETF 9.1 29 31 6.1 +2.0
KLCD KFA Large Cap Quality Dividend Index ETF 8.7 41 19 5.4 +1.3
VIG Vanguard Dividend Appreciation Index Fund 8.3 6 54 5.5 +1.4
DIVO Amplify YieldShares CWP Dividend & Option Income ETF 8.1 49 11 4.9 +0.8
SPLV Invesco S&P 500 Low Volatility ETF 8.1 25 35 5.7 +1.7
HUSV First Trust Horizon Managed Volatility Domestic ETF 7.9 70 -10 4.8 +0.7
DGRW WisdomTree U.S. Quality Dividend Growth Fund 7.7 28 32 6.5 +2.5
JMIN JPMorgan U.S. Minimum Volatility ETF 7.6 12 48 5.9 +1.8
QLV FlexShares US Quality Low Volatility Index Fund 7.3 22 38 4.9 +0.8
XMMO Invesco S&P MidCap Momentum ETF 7.3 39 21 4.7 +0.6
CCOR Core Alternative ETF 6.9 123 -63 4.4 +0.3
BVAL Brand Value ETF 6.9 65 -5 6.2 +2.1
OUSA O'Shares FTSE US Quality Dividend ETF 6.8 48 12 5.7 +1.7
FLV American Century Focused Large Cap Value ETF 6.7 42 18 6.8 +2.7
PFM Invesco Dividend Achievers ETF 6.6 54 6 5.5 +1.4
SPMO Invesco S&P 500 Momentum ETF 6.6 13 47 4.4 +0.3
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 6.1 30 30 5.7 +1.6
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 6.1 35 25 6.4 +2.3
KNOW Direxion All Cap Insider Sentiment Shares 6.1 66 -6 5.0 +0.9
VYM Vanguard High Dividend Yield Index ETF 6.1 6 54 7.4 +3.3
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 6.1 35 25 6.9 +2.8
MXDU Nationwide Maximum Diversification US Core Equity ETF 6.0 34 26 4.9 +0.8
MGV Vanguard Mega Cap Value ETF 6.0 7 53 7.3 +3.3
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 6.0 75 -15 2.1 -2.0
SPMV Invesco S&P 500 Minimum Variance ETF 6.0 10 50 5.9 +1.8
DVLU First Trust Dorsey Wright Momentum & Value ETF 6.0 60 0 5.9 +1.8
NULV Nuveen ESG Large-Cap Value ETF 5.8 35 25 7.4 +3.3
SCHV Schwab U.S. Large-Cap Value ETF 5.7 4 56 7.2 +3.2
FDVV Fidelity Core Dividend ETF 5.7 29 31 7.2 +3.1
FDG American Century Focused Dynamic Growth ETF 5.7 45 15 1.8 -2.3
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 5.5 29 31 6.3 +2.2
VTV Vanguard Value Index Fund 5.5 4 56 7.5 +3.4
SDY SPDR S&P Dividend ETF 5.4 35 25 7.0 +2.9
LEAD Reality Shares DIVCON Leaders Dividend ETF 5.4 43 17 4.4 +0.3
USMV iShares Edge MSCI Min Vol USA ETF 5.4 15 45 5.5 +1.4
ECOZ TrueMark ESG Active Opportunities ETF 5.4 58 2 4.4 +0.3
SFYX Sofi Next 500 ETF 5.4 0 60 6.0 +1.9
YLDE ClearBridge Dividend Strategy ESG ETF 5.3 60 0 5.0 +0.9
RAFE PIMCO RAFI ESG U.S. ETF 5.3 29 31 7.9 +3.8
DGRO iShares Core Dividend Growth ETF 5.3 8 52 6.7 +2.6
FDLO Fidelity Low Volatility Factor ETF 5.3 29 31 5.2 +1.1
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 5.3 75 -15 6.2 +2.1
ALFA AlphaClone Alternative Alpha ETF 5.3 65 -5 3.4 -0.7
JKK iShares Morningstar Small-Cap Growth ETF 5.2 30 30 1.1 -2.9
RFG Invesco S&P Midcap 400 Pure Growth ETF 5.2 35 25 4.0 -0.1
DEF Invesco Defensive Equity ETF 5.1 55 5 5.1 +1.1
FLQL Franklin LibertyQ U.S. Equity ETF 5.1 15 45 6.3 +2.3
LVUS Hartford Multifactor Low Volatility US Equity ETF 5.0 19 41 6.1 +2.0
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 5.0 49 11 4.1 +0.0
XMLV Invesco S&P MidCap Low Volatility ETF 5.0 25 35 5.6 +1.5
BFIT Global X Health & Wellness Thematic ETF 5.0 50 10 4.9 +0.8
IEDI iShares Evolved U.S. Discretionary Spending ETF 5.0 18 42 3.7 -0.4
JKF iShares Morningstar Large Cap Value ETF 4.9 25 35 7.6 +3.6
FNY First Trust Mid Cap Growth AlphaDEX Fund 4.8 70 -10 2.1 -2.0
QUS SPDR MSCI USA StrategicFactors ETF 4.8 15 45 5.9 +1.8
PDP Invesco DWA Momentum ETF 4.8 62 -2 2.8 -1.3
XHB SPDR S&P Homebuilders ETF 4.8 35 25 7.9 +3.8
TTFS AdvisorShares Wilshire Buyback ETF 4.7 91 -31 6.2 +2.1
ADME Aptus Drawdown Managed Equity ETF 4.7 81 -21 3.6 -0.5
DSI iShares MSCI KLD 400 Social ETF 4.7 25 35 5.2 +1.1
USDY Pacific Global US Equity Income ETF 4.7 29 31 7.3 +3.2
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 4.7 80 -20 5.7 +1.6
ACSI American Customer Satisfaction Core Alpha ETF 4.6 66 -6 5.8 +1.7
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 4.5 30 30 6.0 +1.9
HLAL Wahed FTSE USA Shariah ETF 4.5 50 10 4.7 +0.6
XSHQ Invesco S&P SmallCap Quality ETF 4.5 29 31 6.7 +2.6
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 4.5 12 48 4.9 +0.8
EQWM Invesco S&P MidCap Quality ETF 4.4 25 35 6.5 +2.4
ESG FlexShares STOXX US ESG Impact Index Fund 4.4 32 28 5.1 +1.0
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 4.4 35 25 9.6 +5.5
RBUS Nationwide Risk-Based U.S. Equity ETF 4.4 30 30 5.1 +1.0
SMDY Syntax Stratified MidCap ETF 4.3 30 30 6.4 +2.4
SPHQ Invesco S&P 500 Quality ETF 4.3 15 45 4.7 +0.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 4.2 10 50 5.3 +1.2
XRT SPDR S&P Retail ETF 4.2 35 25 6.9 +2.8
SUSL iShares ESG MSCI USA Leaders ETF 4.2 10 50 5.3 +1.3
VETS Pacer Military Times Best Employers ETF 4.1 60 0 7.0 +2.9
DLN WisdomTree U.S. LargeCap Dividend Fund 4.1 28 32 6.4 +2.4
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 4.1 20 40 4.7 +0.7
FVL First Trust Value Line 100 Exchange-Traded Fund 4.1 70 -10 5.2 +1.1

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

  2015 2016 2017 2018 2019 2020E 2021E
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
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Invesco DWA Consumer Staples Momentum ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 15.6 %
Divided by: Fwd. P/BV 3.3 x
Less: Expense ratio 60 bp
Equals: ALTAR Score 4.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.71 CATEGORY
AVERAGE
1.52
 
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.