Columbia Research Enhanced Value ETF
ALTAR
Score™
7.9% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
12.0x P/Sales
ratio
1.2x
P/BV
ratio
1.7x Div.
yield
3.1%


  • 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 274
Wgt avg mkt cap (mns) $124,852
Large cap (>$10bn) 89.7%
Mid cap ($2-10bn) 10.1%
Small cap (<$2bn) 0.1%
Developed mkts 99.9%
Emerging mkts 0.1%

TOP TEN HOLDINGS
BANK OF AMERICA CORP 4.9 %
JOHNSON & JOHNSON 4.6 %
INTEL CORP 3.9 %
CITIGROUP INC 3.6 %
CHEVRON CORP 3.3 %
AT&T INC 3.1 %
PROCTER & GAMBLE CO/THE 2.8 %
VERIZON COMMUNICATIONS INC 2.7 %
MEDTRONIC PLC 2.0 %
HOME DEPOT INC 1.8 %
Total 32.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 90.2 %
IRELAND 4.3 %
BRITAIN 1.5 %
SWITZERLAND 0.2 %
PUERTO RICO 0.1 %
PANAMA 0.1 %
CHINA 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.
-2.1% -- -- -- 5.2%

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

Technical Indicators
Recent close $19.12
30d moving avg. $21.24
Annualized volatility 0.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 35

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.20%
ADV underlying (mns) $46,148

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 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™: 7.9%


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 51.7 15 4 6.3 -1.6
IWX iShares Russell Top 200 Value ETF 47.4 20 -1 7.4 -0.5
JKF iShares Morningstar Large Cap Value ETF 44.2 25 -6 8.1 +0.2
VONV Vanguard Russell 1000 Value Index Fund 43.7 8 11 7.4 -0.5
OYLD Invesco Russell 1000 Yield Factor ETF 43.5 19 0 6.7 -1.2
IWD iShares Russell 1000 Value ETF 42.9 19 0 7.3 -0.6
SCHV Schwab U.S. Large-Cap Value ETF 40.7 4 15 7.4 -0.5
MGV Vanguard Mega Cap Value ETF 40.6 7 12 7.5 -0.4
VTV Vanguard Value Index Fund 40.2 4 15 7.7 -0.3
OVLU Invesco Russell 1000 Value Factor ETF 39.7 19 0 7.3 -0.7
PWV Invesco Dynamic Large Cap Value ETF 39.6 55 -36 9.1 +1.2
VYM Vanguard High Dividend Yield Index ETF 38.6 6 13 7.6 -0.3
RAFE PIMCO RAFI ESG U.S. ETF 38.6 29 -10 8.4 +0.5
VOOV Vanguard S&P 500 Value ETF 37.5 15 4 7.6 -0.3
SPYV SPDR Portfolio S&P 500 Value ETF 37.5 4 15 7.7 -0.2
IVE iShares S&P 500 Value ETF 37.5 18 1 7.6 -0.4
IUSV iShares Core S&P U.S. Value ETF 36.6 4 15 7.8 -0.1
VLU SPDR S&P 1500 Value Tilt ETF 35.5 12 7 7.8 -0.1
DLN WisdomTree U.S. LargeCap Dividend Fund 35.4 28 -9 6.9 -1.0
OUSA O'Shares FTSE US Quality Dividend ETF 35.3 48 -29 6.2 -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%.

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:
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 13.7 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 19 bp
Equals: ALTAR Score 7.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.54 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.