Xtrackers Russell 1000 US Quality at a Reasonable Price ETF
ALTAR
Score™
6.5% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
16.0x P/Sales
ratio
1.6x
P/BV
ratio
3.5x Div.
yield
2.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
QARP tracks and index of US large-cap companies, selected and weighted based upon a combination of quality and value metrics. Quality metrics are given greater weight.

FUND BASICS
Category US Equities
Fund Sponsor Deutsche Bank
Website dws.com
Inception date Apr 05, 2018
Assets (mns) $99
Currency USD
Expense ratio 19 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Fundamental
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 353
Wgt avg mkt cap (mns) $288,823
Large cap (>$10bn) 93.3%
Mid cap ($2-10bn) 6.6%
Small cap (<$2bn) 0.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 6.9 %
INTEL CORP 4.1 %
FACEBOOK 2.9 %
EXXON MOBIL CORP 2.7 %
VISA INC-CLASS A SHARES 2.7 %
HOME DEPOT INC 2.6 %
JOHNSON & JOHNSON 2.6 %
ALPHABET INC. CLASS C 2.5 %
ALPHABET INC. CLASS A 2.4 %
MASTERCARD INC-CLASS A 2.1 %
Total 31.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.5 %
IRELAND 1.5 %
BRITAIN 0.5 %
CHINA 0.2 %
SWITZERLAND 0.1 %
CANADA 0.1 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-1.7% 18.7% -- -- 12.2%

Market Correlations
versus... Beta R-squared
S&P500 1.01 98%
MSCI EAFE 1.02 75%
MSCI Emg. Mkts. 0.67 55%

Technical Indicators
Recent close $27.26
30d moving avg. $30.45
Annualized volatility 14.8%
Short interest (ETF) 0.0%
Relative strength (RSI) 38

Liquidity measures
Avg. volume (thou.) 7
Turnover 0.2%
Bid/Ask (% of price) 0.23%
ADV underlying (mns) $117,414

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Xtrackers Russell 1000 US Quality at a Reasonable Price ETF ETF based on the alternatives' overlap in portfolio holdings with QARP. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: QARP Expense: 19 bp ALTAR Score™: 6.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH QARP
Ticker Fund
Name
Overlap1
vs QARP
(%)
Expense
ratio
(bp)
Savings
vs QARP
(bp)
ALTAR
Score™
(%)
ALTAR
vs QARP
(%)
OQAL Invesco Russell 1000 Quality Factor ETF 76.6 19 0 4.7 -1.8
IUS Invesco Strategic US ETF 53.9 19 0 6.2 -0.4
SPXN ProShares S&P 500 Ex-Financials ETF 53.5 27 -8 5.9 -0.7
OVOL Invesco Russell 1000 Low Volatility Factor ETF 52.2 19 0 5.3 -1.3
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 51.9 29 -10 4.8 -1.7
RECS Columbia Research Enhanced Core ETF 51.2 15 4 6.3 -0.2
JQUA JPMorgan U.S. Quality Factor ETF 51.1 12 7 5.9 -0.7
OEF iShares S&P 100 ETF 50.8 20 -1 5.6 -0.9
OMOM Invesco Russell 1000 Momentum Factor ETF 50.6 19 0 4.9 -1.7
IWL iShares Russell Top 200 ETF 49.7 15 4 5.8 -0.8
MGC Vanguard Mega Cap Index Fund 49.2 7 12 5.9 -0.6
OUSA O'Shares FTSE US Quality Dividend ETF 48.5 48 -29 6.2 -0.4
DIVB iShares U.S. Dividend & Buyback ETF 48.4 25 -6 6.9 +0.4
VONG Vanguard Russell 1000 Growth Index Fund 48.4 8 11 5.0 -1.5
FLQL Franklin LibertyQ U.S. Equity ETF 48.4 15 4 6.9 +0.3
PBP Invesco S&P 500 BuyWrite ETF 48.1 49 -30 5.6 -0.9
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 48.1 49 -30 4.8 -1.7
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 48.1 20 -1 5.7 -0.9
IWF iShares Russell 1000 Growth ETF 48.0 19 0 4.9 -1.6
XOUT GraniteShares XOUT U.S. Large Cap ETF 48.0 60 -41 5.2 -1.4

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

  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

Content on this tab for subscribers only

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:
Xtrackers Russell 1000 US Quality at a Reasonable Price 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 23.2 %
Divided by: Fwd. P/BV 3.5 x
Less: Expense ratio 19 bp
Equals: ALTAR Score 6.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.52 CATEGORY
AVERAGE
1.56
 
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.