PIMCO RAFI ESG U.S. ETF
ALTAR
Score™
10.2% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
10.8x P/Sales
ratio
1.0x
P/BV
ratio
1.6x Div.
yield
3.8%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
RAFE tracks an index of US companies that are selected and weighted by a combination of fundamental and ESG criteria.

FUND BASICS
Category US Equities
Fund Sponsor Allianz
Website www.pimco.com
Inception date Dec 18, 2019
Assets (mns) $8
Currency USD
Expense ratio 29 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 250
Wgt avg mkt cap (mns) $136,880
Large cap (>$10bn) 94.1%
Mid cap ($2-10bn) 5.5%
Small cap (<$2bn) 0.4%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
JOHNSON & JOHNSON 3.8 %
JPMORGAN CHASE & CO 3.7 %
INTEL CORP 3.6 %
VERIZON COMMUNICATIONS INC 3.3 %
PROCTER & GAMBLE CO/THE 3.0 %
PFIZER INC 2.9 %
AT&T INC 2.7 %
CISCO SYSTEMS INC 2.5 %
MERCK & CO. INC. 2.3 %
WELLS FARGO & CO 2.3 %
Total 30.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.1 %
IRELAND 1.8 %
BRITAIN 1.5 %
SINGAPORE 0.1 %
BERMUDA 0.0 %
CANADA 0.0 %





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.
-23.4% -- -- -- -23.4%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $17.87
30d moving avg. $20.27
Annualized volatility 0.0%
Short interest (ETF) 1.0%
Relative strength (RSI) 36

Liquidity measures
Avg. volume (thou.) 2
Turnover 0.5%
Bid/Ask (% of price) 0.80%
ADV underlying (mns) $115,666

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the PIMCO RAFI ESG U.S. ETF ETF based on the alternatives' overlap in portfolio holdings with RAFE. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: RAFE Expense: 29 bp ALTAR Score™: 10.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH RAFE
Ticker Fund
Name
Overlap1
vs RAFE
(%)
Expense
ratio
(bp)
Savings
vs RAFE
(bp)
ALTAR
Score™
(%)
ALTAR
vs RAFE
(%)
DGRO iShares Core Dividend Growth ETF 58.6 8 21 8.5 -1.7
SCHV Schwab U.S. Large-Cap Value ETF 58.1 4 25 9.1 -1.1
VTV Vanguard Value Index Fund 57.6 4 25 9.3 -0.9
MGV Vanguard Mega Cap Value ETF 57.6 7 22 9.0 -1.3
DIVB iShares U.S. Dividend & Buyback ETF 57.6 25 4 8.9 -1.3
VYM Vanguard High Dividend Yield Index ETF 57.0 6 23 9.0 -1.2
DLN WisdomTree U.S. LargeCap Dividend Fund 55.4 28 1 8.1 -2.1
VOOV Vanguard S&P 500 Value ETF 52.4 15 14 9.3 -0.9
SPYV SPDR Portfolio S&P 500 Value ETF 52.2 4 25 9.4 -0.8
IVE iShares S&P 500 Value ETF 52.1 18 11 9.2 -1.0
FNDX Schwab Fundamental U.S. Large Co. Index ETF 52.0 25 4 8.5 -1.7
IWX iShares Russell Top 200 Value ETF 52.0 20 9 8.9 -1.4
DTD WisdomTree U.S.Total Dividend Fund 51.8 28 1 8.6 -1.6
JKF iShares Morningstar Large Cap Value ETF 51.0 25 4 9.7 -0.6
EPS WisdomTree U.S. Earnings 500 Fund 50.3 8 21 8.6 -1.6
IUSV iShares Core S&P U.S. Value ETF 50.0 4 25 9.5 -0.7
USDY Pacific Global US Equity Income ETF 49.9 29 0 10.7 +0.5
PRF Invesco FTSE RAFI US 1000 ETF 49.1 39 -10 9.4 -0.9
FNDB Schwab Fundamental U.S. Broad Market Index ETF 49.0 25 4 8.6 -1.7
NACP Impact Shares NAACP Minority Empowerment ETF 48.4 75 -46 6.3 -3.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 48.2 29 0 8.2 -2.0
VONV Vanguard Russell 1000 Value Index Fund 48.2 8 21 9.4 -0.8
FDRR Fidelity Dividend ETF for Rising Rates 47.6 29 0 9.8 -0.4
IWD iShares Russell 1000 Value ETF 47.0 19 10 9.3 -0.9
IUS Invesco Strategic US ETF 46.8 19 10 8.1 -2.1
OUSA O'Shares FTSE US Quality Dividend ETF 46.7 48 -19 7.1 -3.2
SNPE Xtrackers S&P 500 ESG ETF 46.6 11 18 7.0 -3.3
EQWL Invesco Russell Top 200 Equal Weight ETF 46.3 25 4 7.7 -2.5
QUS SPDR MSCI USA StrategicFactors ETF 46.2 15 14 7.4 -2.8
VLU SPDR S&P 1500 Value Tilt ETF 46.1 12 17 9.8 -0.4
SUSL iShares ESG MSCI USA Leaders ETF 46.1 10 19 7.1 -3.2
PWV Invesco Dynamic Large Cap Value ETF 46.0 55 -26 10.8 +0.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 45.9 10 19 7.1 -3.2
ESG FlexShares STOXX US ESG Impact Index Fund 45.8 32 -3 6.9 -3.4
IQSU IQ Candriam ESG US Equity ETF 45.7 9 20 6.8 -3.4
WOMN Impact Shares YWCA Women's Empowerment ETF 45.3 75 -46 6.4 -3.9
DSI iShares MSCI KLD 400 Social ETF 44.5 25 4 6.9 -3.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 44.1 20 9 6.7 -3.5
HSPX Global X S&P 500 Covered Call ETF 44.0 65 -36 6.6 -3.6
PBP Invesco S&P 500 BuyWrite ETF 43.9 49 -20 6.8 -3.5
MGC Vanguard Mega Cap Index Fund 43.8 7 22 6.9 -3.3
SPXT ProShares S&P 500 Ex-Technology ETF 43.6 27 2 7.4 -2.8
ESGU iShares MSCI USA ESG Optimized ETF 43.5 15 14 6.8 -3.4
RWL Invesco S&P 500 Revenue ETF 43.5 39 -10 9.3 -0.9
SPXE ProShares S&P 500 Ex-Energy ETF 43.5 27 2 7.1 -3.1
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 43.5 20 9 7.2 -3.0
OEF iShares S&P 100 ETF 43.4 20 9 6.4 -3.8
IWL iShares Russell Top 200 ETF 43.2 15 14 6.7 -3.5
SPY SPDR S&P 500 ETF Trust 42.6 9 20 7.2 -3.1
SPLG SPDR Portfolio Large Cap ETF 42.5 3 26 7.2 -3.0
VOO VANGUARD S&P 500 ETF 42.5 3 26 7.2 -3.0
IVV iShares Core S&P 500 ETF 42.4 4 25 7.2 -3.0
QDF FlexShares Quality Dividend Index Fund 41.9 37 -8 9.0 -1.2
VV Vanguard Large-Cap Index Fund 41.7 4 25 7.1 -3.2
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 41.5 12 17 6.4 -3.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 41.1 2 27 7.2 -3.1
PBUS Invesco PureBeta MSCI USA ETF 41.0 4 25 7.2 -3.1
FVAL Fidelity Value Factor ETF 40.3 29 0 11.1 +0.9
JVAL JPMorgan U.S. Value Factor ETF 40.3 12 17 12.2 +2.0
JHML John Hancock Multifactor Large Cap ETF 40.3 34 -5 7.6 -2.6
SCHX Schwab U.S. Large-Cap ETF 40.2 3 26 7.1 -3.1
REVS Columbia Research Enhanced Value ETF 40.2 19 10 10.0 -0.2
ESGV Vanguard ESG U.S. Stock ETF 40.1 12 17 7.1 -3.2
SPTM SPDR Portfolio Total Stock Market ETF 40.0 3 26 7.4 -2.8
SPXN ProShares S&P 500 Ex-Financials ETF 40.0 27 2 6.7 -3.5
VONE Vanguard Russell 1000 ETF 39.9 8 21 7.1 -3.1
EXT WisdomTree U.S. Total Earnings Fund 39.8 28 1 7.8 -2.4
CATH Global X S&P 500 Catholic Values Custom ETF 39.7 29 0 7.1 -3.1
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 39.5 9 20 7.4 -2.8
IWB iShares Russell 1000 ETF 39.4 15 14 7.1 -3.2
QDYN FlexShares Quality Dividend Dynamic Index Fund 39.3 37 -8 9.3 -1.0
JQUA JPMorgan U.S. Quality Factor ETF 39.3 12 17 6.7 -3.5
SCHK Schwab 1000 Index ETF 39.3 5 24 7.2 -3.1
EDOW First Trust Dow 30 Equal Weight ETF 39.3 50 -21 7.4 -2.8
DJD Invesco Dow Jones Industrial Average Dividend ETF 39.2 7 22 8.4 -1.8
SPXV ProShares S&P 500 Ex-Health Care ETF 39.2 27 2 6.9 -3.3
IYY iShares Dow Jones U.S. ETF 39.0 20 9 7.1 -3.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 39.0 30 -1 8.0 -2.2
FMK First Trust Mega Cap AlphaDEX Fund 38.9 70 -41 7.2 -3.0
NULV Nuveen ESG Large-Cap Value ETF 38.8 35 -6 9.5 -0.8
RECS Columbia Research Enhanced Core ETF 38.7 15 14 7.6 -2.7
QDEF FlexShares Quality Dividend Defensive Index Fund 38.6 37 -8 8.0 -2.2
DGRW WisdomTree U.S. Quality Dividend Growth Fund 38.5 28 1 8.3 -1.9
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 38.0 49 -20 5.5 -4.7
FLQL Franklin LibertyQ U.S. Equity ETF 38.0 15 14 8.2 -2.1
VTHR Vanguard Russell 3000 Index Fund 38.0 10 19 7.0 -3.2
SCHB Schwab U.S. Broad Market ETF 37.7 3 26 7.2 -3.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 37.7 3 26 7.1 -3.2
VTI Vanguard Total Stock Market Index Fund 37.7 3 26 7.1 -3.2
IWV iShares Russell 3000 ETF 37.6 20 9 6.9 -3.3
PFM Invesco Dividend Achievers ETF 37.6 54 -25 6.5 -3.7
ROUS Hartford Multifactor US Equity ETF 37.4 19 10 9.4 -0.8
AVUS Avantis U.S. Equity ETF 37.3 15 14 8.1 -2.1
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 37.0 19 10 7.7 -2.6
FDVV Fidelity Core Dividend ETF 37.0 29 0 9.9 -0.3
XLG Invesco S&P 500 Top 50 ETF 36.9 20 9 6.0 -4.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 36.4 12 17 6.9 -3.4
XOUT GraniteShares XOUT U.S. Large Cap ETF 36.3 60 -31 6.0 -4.2
NULC Nuveen ESG Large-Cap ETF 36.2 20 9 7.0 -3.2
RNLC Large Cap US Equity Select ETF 35.9 60 -31 8.2 -2.0

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

  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:
PIMCO RAFI ESG U.S. ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 16.4 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 10.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.54 CATEGORY
AVERAGE
1.51
 
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.