Columbia Research Enhanced Value ETF
ALTAR
Score™
7.3% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
17.1x P/Sales
ratio
1.6x
P/BV
ratio
2.0x Div.
yield
2.8%


  • 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) $5
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 292
Wgt avg mkt cap (mns) $143,411
Large cap (>$10bn) 87.4%
Mid cap ($2-10bn) 12.5%
Small cap (<$2bn) 0.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
JOHNSON & JOHNSON 4.9 %
BANK OF AMERICA CORP 4.2 %
VERIZON COMMUNICATIONS INC 4.0 %
PFIZER INC 3.0 %
INTEL CORP 2.8 %
HOME DEPOT INC 2.4 %
CISCO SYSTEMS INC 2.2 %
CHEVRON CORP 2.2 %
WAL-MART STORES INC 2.1 %
PROCTER & GAMBLE CO/THE 2.1 %
Total 30.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.2 %
IRELAND 1.8 %
BRITAIN 1.1 %
CHINA 0.3 %
PUERTO RICO 0.1 %
CAYMAN ISLANDS 0.1 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-8.8% -- -- -- -2.0%

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

Technical Indicators
Recent close $19.12
30d moving avg. $19.21
Annualized volatility 0.0%
Short interest (ETF) 0.2%
Relative strength (RSI) 55

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.29%
ADV underlying (mns) $6,874

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 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™: 7.3%


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 53.3 15 4 6.4 -0.9
JKF iShares Morningstar Large Cap Value ETF 40.8 25 -6 7.5 +0.2
IWX iShares Russell Top 200 Value ETF 39.0 20 -1 6.7 -0.7
IWD iShares Russell 1000 Value ETF 37.8 19 0 6.8 -0.6
VONV Vanguard Russell 1000 Value Index Fund 37.5 8 11 6.9 -0.4
MGV Vanguard Mega Cap Value ETF 37.3 7 12 7.1 -0.2
VYM Vanguard High Dividend Yield Index ETF 37.0 6 13 7.3 +0.0
SCHV Schwab U.S. Large-Cap Value ETF 36.3 4 15 7.0 -0.3
VTV Vanguard Value Index Fund 36.2 4 15 7.2 -0.1
RAFE PIMCO RAFI ESG U.S. ETF 35.5 29 -10 7.5 +0.2
JVAL JPMorgan U.S. Value Factor ETF 35.5 12 7 8.7 +1.4
DGRO iShares Core Dividend Growth ETF 35.4 8 11 6.8 -0.5
VOOV Vanguard S&P 500 Value ETF 35.1 10 9 7.2 -0.1
USDY Pacific Global US Equity Income ETF 35.1 29 -10 7.1 -0.2
IVE iShares S&P 500 Value ETF 34.8 18 1 7.1 -0.2
SPYV SPDR Portfolio S&P 500 Value ETF 34.8 4 15 7.2 -0.1
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 34.6 19 0 6.6 -0.7
IUSV iShares Core S&P U.S. Value ETF 34.3 4 15 7.3 -0.0
PWV Invesco Dynamic Large Cap Value ETF 33.5 56 -37 8.1 +0.8
DIVB iShares U.S. Dividend & Buyback ETF 33.4 25 -6 7.0 -0.3
OUSA O'Shares FTSE US Quality Dividend ETF 33.3 48 -29 6.4 -0.9
DTD WisdomTree U.S.Total Dividend Fund 32.5 28 -9 7.0 -0.3
FNDX Schwab Fundamental U.S. Large Co. Index ETF 32.4 25 -6 7.2 -0.1
DLN WisdomTree U.S. LargeCap Dividend Fund 32.3 28 -9 6.9 -0.4
PRF Invesco FTSE RAFI US 1000 ETF 32.2 39 -20 7.1 -0.2
SYV SPDR MFS Systematic Value Equity ETF 32.0 60 -41 7.2 -0.1
EPS WisdomTree U.S. Earnings 500 Fund 31.4 8 11 7.1 -0.3
IWS iShares Russell Mid-Cap Value ETF 31.0 24 -5 6.9 -0.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 30.8 25 -6 7.2 -0.2
STLV iShares Factors US Value Style ETF 30.8 25 -6 7.1 -0.2
QDYN FlexShares Quality Dividend Dynamic Index Fund 30.6 37 -18 6.9 -0.4
VLU SPDR S&P 1500 Value Tilt ETF 30.4 12 7 7.4 +0.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 30.1 29 -10 6.2 -1.1
QLC FlexShares US Quality Large Cap Index Fund 29.8 32 -13 5.9 -1.4
QDEF FlexShares Quality Dividend Defensive Index Fund 29.3 37 -18 6.8 -0.5
IUS Invesco Strategic US ETF 29.2 19 0 6.9 -0.4
SPXT ProShares S&P 500 Ex-Technology ETF 29.1 27 -8 5.5 -1.9
SUSL iShares ESG MSCI USA Leaders ETF 28.9 10 9 5.2 -2.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 28.9 18 1 6.1 -1.2
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 28.7 10 9 5.2 -2.1
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 28.5 15 4 6.6 -0.7
RWL Invesco S&P 500 Revenue ETF 28.4 39 -20 7.2 -0.1
QDF FlexShares Quality Dividend Index Fund 28.4 37 -18 6.8 -0.5
DYNF BlackRock U.S. Equity Factor Rotation ETF 27.9 30 -11 6.5 -0.8
ONEO SPDR Russell 1000 Momentum Focus ETF 27.8 20 -1 6.4 -0.9
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 27.7 17 2 6.4 -0.9
AFLG First Trust Active Factor Large Cap ETF 27.7 55 -36 6.3 -1.1
PFM Invesco Dividend Achievers ETF 27.6 53 -34 5.3 -2.1
ROUS Hartford Multifactor US Equity ETF 27.6 19 0 6.4 -0.9
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 27.5 17 2 6.3 -1.0
FDRR Fidelity Dividend ETF for Rising Rates 27.3 29 -10 7.5 +0.2
HDV iShares Core High Dividend ETF 27.1 8 11 6.8 -0.5
JQUA JPMorgan U.S. Quality Factor ETF 27.1 12 7 5.6 -1.7
FTA First Trust Large Cap Value AlphaDEX Fund 27.1 60 -41 9.0 +1.6
QUS SPDR MSCI USA StrategicFactors ETF 26.6 15 4 6.1 -1.2
DSTL Distillate US Fundamental Stability & Value ETF 26.6 39 -20 6.8 -0.5
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 26.6 29 -10 6.8 -0.6
JHML John Hancock Multifactor Large Cap ETF 26.6 29 -10 5.9 -1.4
NACP Impact Shares NAACP Minority Empowerment ETF 26.5 75 -56 5.6 -1.8
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 26.1 9 10 6.1 -1.2
FLQL Franklin LibertyQ U.S. Equity ETF 26.1 15 4 6.2 -1.1
RSP Invesco S&P 500 Equal Weight ETF 26.0 20 -1 6.4 -0.9
VALQ American Century STOXX U.S. Quality Value ETF 25.9 29 -10 8.9 +1.6
SYE SPDR MFS Systematic Core Equity ETF 25.9 60 -41 6.6 -0.8
HLAL Wahed FTSE USA Shariah ETF 25.9 50 -31 6.5 -0.9
DSI iShares MSCI KLD 400 Social ETF 25.8 25 -6 5.0 -2.3
DHS WisdomTree U.S. High Dividend Fund 25.7 38 -19 8.6 +1.3
FVAL Fidelity Value Factor ETF 25.7 29 -10 8.3 +1.0
PBP Invesco S&P 500 BuyWrite ETF 25.4 49 -30 5.6 -1.8
VLUE iShares Edge MSCI USA Value Factor ETF 25.3 15 4 11.3 +4.0
HSPX Global X S&P 500 Covered Call ETF 25.2 60 -41 5.4 -1.9
SPLG SPDR Portfolio Large Cap ETF 25.2 3 16 6.0 -1.3
SPY SPDR S&P 500 ETF Trust 25.2 9 10 6.0 -1.4
IVV iShares Core S&P 500 ETF 25.2 3 16 6.0 -1.3
VFVA Vanguard U.S. Value Factor ETF 25.0 14 5 10.8 +3.5
SCIU Global X Scientific Beta US ETF 24.9 19 0 5.7 -1.6
CFA VictoryShares US 500 Volatility Weighted Index ETF 24.9 35 -16 5.7 -1.6
EUSA iShares MSCI USA Equal Weighted ETF 24.9 15 4 6.1 -1.2
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 24.9 35 -16 5.7 -1.6
EXT WisdomTree U.S. Total Earnings Fund 24.9 28 -9 6.1 -1.3
VOO VANGUARD S&P 500 ETF 24.8 3 16 6.0 -1.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 24.8 20 -1 6.0 -1.3
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 24.6 9 10 5.9 -1.4
SCHX Schwab U.S. Large-Cap ETF 24.6 3 16 5.8 -1.5
SPXE ProShares S&P 500 Ex-Energy ETF 24.6 27 -8 6.0 -1.4
FEX First Trust Large Cap Core AlphaDEX Fund 24.6 60 -41 6.0 -1.4
BBUS JP Morgan Betabuilders U.S. Equity ETF 24.5 2 17 5.9 -1.4
SIZE iShares Edge MSCI USA Size Factor ETF 24.5 15 4 6.1 -1.3
SPTM SPDR Portfolio Total Stock Market ETF 24.5 3 16 6.1 -1.3
SPXN ProShares S&P 500 Ex-Financials ETF 24.4 27 -8 5.8 -1.6
IWB iShares Russell 1000 ETF 24.4 15 4 5.7 -1.7
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 24.4 7 12 5.9 -1.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 24.4 20 -1 5.6 -1.7
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 24.3 15 4 6.9 -0.5
PBUS Invesco PureBeta MSCI USA ETF 24.3 4 15 5.9 -1.5
AVUS Avantis U.S. Equity ETF 24.3 15 4 6.1 -1.2
SCHK Schwab 1000 Index ETF 24.2 5 14 5.8 -1.5
NULV Nuveen ESG Large-Cap Value ETF 24.2 35 -16 7.1 -0.2
VONE Vanguard Russell 1000 ETF 24.1 8 11 5.7 -1.6
IYY iShares Dow Jones U.S. ETF 24.1 20 -1 5.7 -1.7

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:
Columbia Research Enhanced Value 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 14.4 %
Divided by: Fwd. P/BV 1.9 x
Less: Expense ratio 19 bp
Equals: ALTAR Score 7.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.50 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.