Columbia Research Enhanced Value ETF
ALTAR
Score™
7.7% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
16.9x P/Sales
ratio
1.3x
P/BV
ratio
1.7x Div.
yield
3.2%


  • 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 272
Wgt avg mkt cap (mns) $116,876
Large cap (>$10bn) 87.6%
Mid cap ($2-10bn) 11.9%
Small cap (<$2bn) 0.5%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
JOHNSON & JOHNSON 5.6 %
BANK OF AMERICA CORP 4.9 %
INTEL CORP 4.7 %
CHEVRON CORP 3.5 %
PROCTER & GAMBLE CO/THE 3.2 %
VERIZON COMMUNICATIONS INC 3.1 %
AT&T INC 3.0 %
CITIGROUP INC 2.6 %
HOME DEPOT INC 2.2 %
MEDTRONIC PLC 2.2 %
Total 34.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 92.2 %
IRELAND 3.5 %
BRITAIN 1.5 %
SWITZERLAND 0.2 %
PUERTO RICO 0.1 %
CHINA 0.1 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-14.6% -- -- -- -8.3%

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

Technical Indicators
Recent close $18.14
30d moving avg. $17.20
Annualized volatility 0.0%
Short interest (ETF) 0.1%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.40%
ADV underlying (mns) $57,679

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™: 7.7%


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
(%)
IWX iShares Russell Top 200 Value ETF 48.7 20 -1 7.1 -0.6
RECS Columbia Research Enhanced Core ETF 47.8 15 4 5.8 -2.0
JKF iShares Morningstar Large Cap Value ETF 46.5 25 -6 7.8 +0.0
IWD iShares Russell 1000 Value ETF 44.3 19 0 7.3 -0.5
VONV Vanguard Russell 1000 Value Index Fund 43.9 8 11 7.4 -0.4
SCHV Schwab U.S. Large-Cap Value ETF 41.2 4 15 7.3 -0.5
MGV Vanguard Mega Cap Value ETF 40.6 7 12 7.3 -0.5
VYM Vanguard High Dividend Yield Index ETF 40.2 6 13 7.3 -0.4
VTV Vanguard Value Index Fund 40.2 4 15 7.4 -0.3
RAFE PIMCO RAFI ESG U.S. ETF 39.4 29 -10 7.9 +0.2
USDY Pacific Global US Equity Income ETF 39.0 29 -10 8.1 +0.4
SPYV SPDR Portfolio S&P 500 Value ETF 37.7 4 15 7.5 -0.3
IVE iShares S&P 500 Value ETF 37.7 18 1 7.3 -0.4
VOOV Vanguard S&P 500 Value ETF 37.1 15 4 7.4 -0.4
IUSV iShares Core S&P U.S. Value ETF 36.9 4 15 7.6 -0.2
OUSA O'Shares FTSE US Quality Dividend ETF 36.9 48 -29 5.7 -2.0
DLN WisdomTree U.S. LargeCap Dividend Fund 35.8 28 -9 6.5 -1.3
DGRO iShares Core Dividend Growth ETF 35.3 8 11 6.6 -1.1
DTD WisdomTree U.S.Total Dividend Fund 35.1 28 -9 6.7 -1.0
PRF Invesco FTSE RAFI US 1000 ETF 35.1 39 -20 7.0 -0.7
FNDX Schwab Fundamental U.S. Large Co. Index ETF 35.0 25 -6 6.8 -1.0
VLU SPDR S&P 1500 Value Tilt ETF 33.4 12 7 7.7 -0.1
PWV Invesco Dynamic Large Cap Value ETF 33.4 55 -36 8.4 +0.7
SYV SPDR MFS Systematic Value Equity ETF 33.2 60 -41 7.5 -0.2
FNDB Schwab Fundamental U.S. Broad Market Index ETF 33.2 25 -6 6.8 -1.0
PFM Invesco Dividend Achievers ETF 33.2 54 -35 5.4 -2.3
STLV iShares Factors US Value Style ETF 32.9 25 -6 8.4 +0.7
DIVB iShares U.S. Dividend & Buyback ETF 32.5 25 -6 6.7 -1.1
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 32.5 75 -56 6.1 -1.7
VLUE iShares Edge MSCI USA Value Factor ETF 32.3 15 4 11.4 +3.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 31.8 29 -10 6.3 -1.4
JVAL JPMorgan U.S. Value Factor ETF 31.8 12 7 9.1 +1.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 31.5 19 0 5.8 -2.0
FVAL Fidelity Value Factor ETF 31.3 29 -10 8.4 +0.7
EPS WisdomTree U.S. Earnings 500 Fund 31.3 8 11 6.6 -1.1
IUS Invesco Strategic US ETF 30.8 19 0 6.4 -1.4
QLC FlexShares US Quality Large Cap Index Fund 30.7 32 -13 5.6 -2.1
RWL Invesco S&P 500 Revenue ETF 30.3 39 -20 7.1 -0.7
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 30.3 15 4 6.9 -0.8
QDEF FlexShares Quality Dividend Defensive Index Fund 29.7 37 -18 6.4 -1.4
VALQ American Century STOXX U.S. Quality Value ETF 29.6 29 -10 9.2 +1.4
QDF FlexShares Quality Dividend Index Fund 29.4 37 -18 7.0 -0.8
ROUS Hartford Multifactor US Equity ETF 29.2 19 0 7.4 -0.4
AFLG First Trust Active Factor Large Cap ETF 29.1 55 -36 6.0 -1.8
SPXT ProShares S&P 500 Ex-Technology ETF 29.1 27 -8 5.8 -2.0
DYNF BlackRock U.S. Equity Factor Rotation ETF 28.8 30 -11 6.9 -0.9
NULV Nuveen ESG Large-Cap Value ETF 28.4 35 -16 7.6 -0.1
EQWL Invesco Russell Top 200 Equal Weight ETF 28.3 25 -6 6.2 -1.5
FLQL Franklin LibertyQ U.S. Equity ETF 27.4 15 4 6.4 -1.3
SCHD Schwab U.S. Dividend Equity ETF 27.3 6 13 7.5 -0.3
SPVU Invesco S&P 500 Enhanced Value ETF 27.2 13 6 11.4 +3.7
DHS WisdomTree U.S. High Dividend Fund 27.0 38 -19 8.6 +0.8
FDRR Fidelity Dividend ETF for Rising Rates 26.8 29 -10 7.1 -0.6
QDYN FlexShares Quality Dividend Dynamic Index Fund 26.8 37 -18 6.9 -0.8
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 26.5 17 2 7.1 -0.7
IWS iShares Russell Mid-Cap Value ETF 26.3 24 -5 7.5 -0.2
HDV iShares Core High Dividend ETF 25.9 8 11 6.6 -1.1
ESG FlexShares STOXX US ESG Impact Index Fund 25.9 32 -13 5.3 -2.5
JPUS JPMorgan Diversified Return U.S. Equity ETF 25.3 19 0 6.4 -1.3
HLAL Wahed FTSE USA Shariah ETF 25.2 50 -31 4.7 -3.0
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 25.2 20 -1 7.9 +0.2
NACP Impact Shares NAACP Minority Empowerment ETF 24.9 75 -56 4.7 -3.0
PBP Invesco S&P 500 BuyWrite ETF 24.9 49 -30 5.3 -2.5
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 24.8 10 9 5.5 -2.2
SUSL iShares ESG MSCI USA Leaders ETF 24.7 10 9 5.5 -2.2
HSPX Global X S&P 500 Covered Call ETF 24.6 65 -46 5.1 -2.6
JHML John Hancock Multifactor Large Cap ETF 24.6 34 -15 5.7 -2.0
RSP Invesco S&P 500 Equal Weight ETF 24.6 20 -1 7.2 -0.6
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 24.5 9 10 5.7 -2.1
QUS SPDR MSCI USA StrategicFactors ETF 24.5 15 4 5.9 -1.9
FTA First Trust Large Cap Value AlphaDEX Fund 24.5 60 -41 9.8 +2.0
LRGF iShares Edge MSCI Multifactor USA ETF 24.4 20 -1 7.1 -0.6
SPHQ Invesco S&P 500 Quality ETF 24.3 15 4 5.2 -2.6
DSTL Distillate US Fundamental Stability & Value ETF 24.3 39 -20 6.6 -1.2
DJD Invesco Dow Jones Industrial Average Dividend ETF 24.2 7 12 6.7 -1.1
ONEO SPDR Russell 1000 Momentum Focus ETF 24.1 20 -1 6.8 -0.9
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 24.1 17 2 6.7 -1.0
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 24.1 15 4 6.5 -1.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 23.9 20 -1 5.2 -2.6
OEF iShares S&P 100 ETF 23.9 20 -1 5.0 -2.7
JDIV JPMorgan U.S. Dividend ETF 23.8 12 7 8.3 +0.6
RNDV US Equity Dividend Select ETF 23.7 50 -31 8.2 +0.5
FQAL Fidelity Quality Factor ETF 23.7 29 -10 5.5 -2.2
ESGU iShares MSCI USA ESG Optimized ETF 23.6 15 4 5.3 -2.5
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 23.6 29 -10 6.9 -0.8
SPLG SPDR Portfolio Large Cap ETF 23.6 3 16 5.6 -2.1
SPY SPDR S&P 500 ETF Trust 23.6 9 10 5.5 -2.2
IVV iShares Core S&P 500 ETF 23.5 4 15 5.6 -2.1
VOO VANGUARD S&P 500 ETF 23.4 3 16 5.6 -2.1
FMK First Trust Mega Cap AlphaDEX Fund 23.3 70 -51 5.3 -2.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 23.3 20 -1 5.6 -2.2
WOMN Impact Shares YWCA Women's Empowerment ETF 23.2 75 -56 4.7 -3.0
SPVM Invesco S&P 500 Value with Momentum ETF 23.2 39 -20 9.8 +2.1
MGC Vanguard Mega Cap Index Fund 23.2 7 12 5.4 -2.3
AVUS Avantis U.S. Equity ETF 23.2 15 4 6.0 -1.7
EXT WisdomTree U.S. Total Earnings Fund 23.2 28 -9 5.9 -1.8
IWL iShares Russell Top 200 ETF 23.2 15 4 5.2 -2.5
VFVA Vanguard U.S. Value Factor ETF 23.1 13 6 12.1 +4.3
VV Vanguard Large-Cap Index Fund 23.1 4 15 5.5 -2.3
IWB iShares Russell 1000 ETF 23.0 15 4 5.4 -2.3

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 13.0 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 19 bp
Equals: ALTAR Score 7.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.49 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.