Columbia Research Enhanced Value ETF
ALTAR
Score™
7.0% info Recommen-
dation
SPECULATIVE
2021E    2022E
P/E
ratio
15.3x P/Sales
ratio
1.9x
P/BV
ratio
2.5x Div.
yield
2.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
REVS tracks an index of US stocks pulled from the Russell 1000 Value Index. REVS index uses multifactor selection and market cap weighting.

FUND BASICS
Category US Equities
Fund Sponsor Columbia
Website www.columbiathreadneedleus.com
Inception date Sep 25, 2019
Assets (mns) $1
Currency USD
Expense ratio 19 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 291
Wgt avg mkt cap (mns) $146,331
Large cap (>$10bn) 88.8%
Mid cap ($2-10bn) 11.0%
Small cap (<$2bn) 0.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
JOHNSON & JOHNSON 3.6 %
INTEL CORP 3.5 %
VERIZON COMMUNICATIONS INC 3.4 %
CITIGROUP INC 2.9 %
CISCO SYSTEMS INC 2.5 %
BLACKROCK INC 2.2 %
GOLDMAN SACHS GROUP INC 2.2 %
MORGAN STANLEY 2.1 %
HOME DEPOT INC 2.1 %
CONOCOPHILLIPS 2.0 %
Total 26.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.4 %
IRELAND 3.8 %
BRITAIN 0.8 %
BERMUDA 0.2 %
PUERTO RICO 0.1 %
CAYMAN ISLANDS 0.0 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
5.2% 21.6% -- -- 9.9%

Market Correlations
versus... Beta R-squared
S&P500 1.08 94%
MSCI EAFE 1.00 91%
MSCI Emg. Mkts. 0.84 73%

Technical Indicators
Recent close $17.70
30d moving avg. $17.58
Annualized volatility 24.2%
Short interest (ETF) 8.1%
Short interest (Underlying) 1.7%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 2
Turnover 4.0%
Bid/Ask (% of price) 0.30%
ADV underlying (mns) $61,075

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 96 potential alternatives to the Columbia Research Enhanced Value ETF ETF based on the alternatives' overlap in portfolio holdings with REVS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: REVS Expense: 19 bp ALTAR Score™: 7.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH REVS
Ticker Fund
Name
Overlap1
vs REVS
(%)
Expense
ratio
(bp)
Savings
vs REVS
(bp)
ALTAR
Score™
(%)
ALTAR
vs REVS
(%)
RECS Columbia Research Enhanced Core ETF 56.4 15 4 5.4 -1.6
VONV Vanguard Russell 1000 Value Index Fund 41.0 8 11 6.1 -0.9
IWX iShares Russell Top 200 Value ETF 39.3 20 -1 6.1 -0.9
VOOV Vanguard S&P 500 Value ETF 38.9 10 9 6.2 -0.8
MGV Vanguard Mega Cap Value ETF 37.7 7 12 6.6 -0.4
IWD iShares Russell 1000 Value ETF 37.7 19 0 5.9 -1.1
VTV Vanguard Value Index Fund 37.2 4 15 6.6 -0.5
DGRO iShares Core Dividend Growth ETF 35.6 8 11 6.4 -0.6
VYM Vanguard High Dividend Yield Index ETF 35.4 6 13 6.8 -0.2
DTD WisdomTree U.S.Total Dividend Fund 34.7 28 -9 6.4 -0.6
RAFE PIMCO RAFI ESG U.S. ETF 34.7 30 -11 6.7 -0.3
DLN WisdomTree U.S. LargeCap Dividend Fund 34.2 28 -9 6.4 -0.7
JKF iShares Morningstar Large Cap Value ETF 33.8 25 -6 6.9 -0.1
JVAL JPMorgan U.S. Value Factor ETF 33.2 12 7 7.1 +0.1
SCHV Schwab U.S. Large-Cap Value ETF 33.0 4 15 6.1 -0.9
EPS WisdomTree U.S. Earnings 500 Fund 33.0 8 11 6.1 -0.9
SPYV SPDR Portfolio S&P 500 Value ETF 32.9 4 15 6.3 -0.7
IVE iShares S&P 500 Value ETF 32.9 18 1 6.1 -0.9
ESGV Vanguard ESG U.S. Stock ETF 32.8 12 7 4.6 -2.4
IUSV iShares Core S&P U.S. Value ETF 32.5 4 15 6.3 -0.7
DIVB iShares U.S. Dividend & Buyback ETF 32.1 25 -6 6.0 -1.0
PRF Invesco FTSE RAFI US 1000 ETF 31.1 39 -20 5.7 -1.3
IWS iShares Russell Mid-Cap Value ETF 30.7 24 -5 5.6 -1.4
VLUE iShares MSCI USA Value Factor ETF 30.6 15 4 9.3 +2.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 30.6 19 0 5.2 -1.8
FNDX Schwab Fundamental U.S. Large Co. Index ETF 30.6 25 -6 5.6 -1.4
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 30.5 75 -56 6.0 -1.0
PWV Invesco Dynamic Large Cap Value ETF 30.5 56 -37 7.0 -0.0
STLV iShares Factors US Value Style ETF 30.4 25 -6 7.2 +0.2
SPXT ProShares S&P 500 Ex-Technology ETF 30.2 27 -8 5.0 -2.0
VFVA Vanguard U.S. Value Factor ETF 30.1 14 5 8.2 +1.2
QLC FlexShares US Quality Large Cap Index Fund 30.0 32 -13 4.8 -2.2
OUSA O'Shares FTSE US Quality Dividend ETF 29.3 48 -29 5.8 -1.2
VLU SPDR S&P 1500 Value Tilt ETF 29.2 12 7 5.9 -1.1
SYV SPDR MFS Systematic Value Equity ETF 29.0 60 -41 6.2 -0.8
QUS SPDR MSCI USA StrategicFactors ETF 28.8 15 4 5.4 -1.6
DSTL Distillate US Fundamental Stability & Value ETF 28.8 39 -20 6.1 -0.9
RESP WisdomTree US ESG Fund of Benef Interest 28.8 28 -9 5.4 -1.6
DGRW WisdomTree U.S. Quality Dividend Growth Fund 28.7 28 -9 6.2 -0.8
FNDB Schwab Fundamental U.S. Broad Market Index ETF 28.7 25 -6 5.5 -1.5
JQUA JPMorgan U.S. Quality Factor ETF 28.5 12 7 5.2 -1.8
SUSL iShares ESG MSCI USA Leaders ETF 28.3 10 9 4.9 -2.1
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 28.3 10 9 5.0 -2.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 28.3 30 -11 5.1 -1.9
DYNF BlackRock U.S. Equity Factor Rotation ETF 28.2 30 -11 5.2 -1.8
VALQ American Century STOXX U.S. Quality Value ETF 28.2 29 -10 7.7 +0.7
RWL Invesco S&P 500 Revenue ETF 28.2 39 -20 6.1 -1.0
QDYN FlexShares Quality Dividend Dynamic Index Fund 28.1 37 -18 5.7 -1.3
PFM Invesco Dividend Achievers ETF 28.1 53 -34 5.2 -1.8
EQWL Invesco Russell Top 200 Equal Weight ETF 27.9 25 -6 5.8 -1.2
ROUS Hartford Multifactor US Equity ETF 27.9 19 0 6.1 -0.9
IUS Invesco Strategic US ETF 27.8 19 0 5.2 -1.8
WOMN Impact Shares YWCA Women's Empowerment ETF 27.7 75 -56 3.7 -3.3
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 27.7 17 2 5.7 -1.4
FVAL Fidelity Value Factor ETF 27.6 29 -10 6.8 -0.2
QDF FlexShares Quality Dividend Index Fund 27.5 37 -18 5.6 -1.4
FDRR Fidelity Dividend ETF for Rising Rates 27.5 29 -10 6.1 -0.9
ONEO SPDR Russell 1000 Momentum Focus ETF 27.3 20 -1 5.6 -1.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 27.2 18 1 5.8 -1.2
RSP Invesco S&P 500 Equal Weight ETF 27.1 20 -1 5.4 -1.6
AFLG First Trust Active Factor Large Cap ETF 27.0 55 -36 4.8 -2.2
PBP Invesco S&P 500 BuyWrite ETF 26.9 49 -30 4.5 -2.5
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 26.8 17 2 6.1 -0.9
JHML John Hancock Multifactor Large Cap ETF 26.6 29 -10 5.0 -2.1
XYLG Global X S&P 500 Covered Call & Growth ETF 26.5 60 -41 4.4 -2.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 26.5 20 -1 4.9 -2.1
QDEF FlexShares Quality Dividend Defensive Index Fund 26.4 37 -18 5.7 -1.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 26.2 9 10 5.0 -2.1
HLAL Wahed FTSE USA Shariah ETF 26.1 50 -31 4.1 -2.9
SPLG SPDR Portfolio Large Cap ETF 26.0 3 16 4.9 -2.1
SPXE ProShares S&P 500 Ex-Energy ETF 26.0 27 -8 4.8 -2.2
SPY SPDR S&P 500 ETF Trust 26.0 9 10 4.8 -2.2
IQSU IQ Candriam ESG US Equity ETF 26.0 9 10 4.7 -2.3
IVV iShares Core S&P 500 ETF 25.9 3 16 4.9 -2.1
FUNL CornerCap Fundametrics Large-Cap ETF 25.9 50 -31 7.2 +0.2
FTA First Trust Large Cap Value AlphaDEX Fund 25.7 60 -41 7.2 +0.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 25.7 20 -1 4.7 -2.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 25.6 15 4 4.9 -2.1
VOO VANGUARD S&P 500 ETF 25.6 3 16 4.9 -2.1
FLQL Franklin LibertyQ U.S. Equity ETF 25.4 15 4 6.0 -1.0
EFIV SPDR S&P 500 ESG ETF 25.4 10 9 4.9 -2.2
SNPE Xtrackers S&P 500 ESG ETF 25.4 10 9 4.9 -2.1
NULV Nuveen ESG Large-Cap Value ETF 25.3 35 -16 6.2 -0.8
DSI iShares MSCI KLD 400 Social ETF 25.3 25 -6 4.6 -2.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 25.1 2 17 4.8 -2.2
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 25.1 29 -10 6.2 -0.8
IWB iShares Russell 1000 ETF 25.1 15 4 4.6 -2.4
SPTM SPDR Portfolio Total Stock Market ETF 25.0 3 16 4.9 -2.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 25.0 7 12 4.7 -2.3
PBUS Invesco PureBeta MSCI USA ETF 25.0 4 15 4.8 -2.2
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 24.9 29 -10 5.2 -1.8
SCHX Schwab U.S. Large-Cap ETF 24.9 3 16 4.7 -2.3
SPXN ProShares S&P 500 Ex-Financials ETF 24.9 27 -8 4.4 -2.6
MGC Vanguard Mega Cap Index Fund 24.8 7 12 4.8 -2.2
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 24.8 9 10 5.1 -2.0
EUSA iShares MSCI USA Equal Weighted ETF 24.8 15 4 5.1 -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

  2016 2017 2018 2019 2020 2021E 2022E
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
  2020 2021E 2022E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Columbia Research Enhanced Value 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 17.8 %
Divided by: Fwd. P/BV 2.5 x
Less: Expense ratio 19 bp
Equals: ALTAR Score 7.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.47 CATEGORY
AVERAGE
1.50
 
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.