Invesco S&P Equal Weight Consumer Staples
ALTAR
Score™
6.7% info Recommen-
dation
OVERWEIGHT
2019E    2020E
P/E
ratio
18.5x P/Sales
ratio
1.3x
P/BV
ratio
3.3x Div.
yield
2.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Invesco S&P Equal Weight Consumer Staples ETF is an exchange-traded fund incorporated in the USA. The Fund's objective is to replicate the performance of the S&P Equal Weight Consumer Staples Index.

FUND BASICS
Category US Equities
Fund Sponsor Security Investors LLC
Website guggenheiminvestments.com
Inception date Nov 07, 2006
Assets (mns) $503
Currency USD
Expense ratio 40 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Equal
Index replication Full
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 34
Wgt avg mkt cap (mns) $69,249
Large cap (>$10bn) 96.7%
Mid cap ($2-10bn) 3.3%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
COTY INC-CL A 3.6 %
PHILIP MORRIS INTERNATIONAL 3.5 %
KRAFT FOODS GROUP INC 3.4 %
ALTRIA GROUP INC 3.3 %
LAMB WESTON HOLDINGS, INC. 3.3 %
WALGREENS BOOTS ALLIANCE INC 3.2 %
ARCHER-DANIELS-MIDLAND CO 3.1 %
COSTCO WHOLESALE CORP 3.1 %
KROGER CO 3.1 %
SYSCO CORP 3.1 %
Total 32.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 100.0 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
21.2% 10.6% 8.7% 13.4% 10.8%

Market Correlations
versus... Beta R-squared
S&P500 0.66 44%
MSCI EAFE 0.60 31%
MSCI Emg. Mkts. 0.37 20%

Technical Indicators
Recent close $139.83
30d moving avg. $138.68
Annualized volatility 11.9%
Short interest (ETF) 0.2%
Short interest (Underlying) 2.9%
Relative strength (RSI) 48

Liquidity measures
Avg. volume (thou.) 20
Turnover 0.6%
Bid/Ask (% of price) 0.06%
ADV underlying (mns) $7,311

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Invesco S&P Equal Weight Consumer Staples ETF based on the alternatives' overlap in portfolio holdings with RHS. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: RHS Expense: 40 bp ALTAR Score™: 6.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH RHS
Ticker Fund
Name
Overlap1
vs RHS
(%)
Expense
ratio
(bp)
Savings
vs RHS
(bp)
ALTAR
Score™
(%)
ALTAR
vs RHS
(%)
JHMS John Hancock Multifactor Consumer Staples 68.2 40 0 7.8 +1.1
XLP Consumer Staples Select Sector SPDR 58.4 13 27 5.6 -1.1
FXG First Trust Consumer Staples 56.2 64 -24 6.8 +0.1
VDC Vanguard Consumer Staples 55.6 10 30 5.5 -1.1
FSTA Fidelity MSCI Consumer Staples 54.0 8 32 5.6 -1.1
IECS iShares Evolved U.S. Consumer Staples 50.7 18 22 6.3 -0.3
FTXG First Trust Nasdaq Food & Beverage 46.3 60 -20 5.7 -1.0
KXI iShares S&P Global Consumer Staples 40.0 46 -6 5.3 -1.3
IYK iShares US Consumer Goods 39.5 42 -2 6.4 -0.3
PSL Invesco DWA Consumer Staples Momentum 34.9 60 -20 5.8 -0.8
LSLT Salt Low truBeta US Market 23.0 0 40 7.0 +0.3
KNG Cboe Vest S&P 500 Dividend Aristocrats Target Income 22.2 75 -35 5.4 -1.2
NOBL ProShares S&P500 Aristocrats 22.2 35 5 5.8 -0.8
PFM Invesco Dividend Achievers 18.9 54 -14 5.5 -1.2
VSMV VictoryShares US Multi-Factor Minimum Volatility 18.1 35 5 6.4 -0.3
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum 18.1 75 -35 3.7 -2.9
BVAL Brand Value ETF 16.4 65 -25 7.3 +0.6
JKF iShares Morningstar Large Value 15.9 25 15 7.7 +1.1
SCHD Schwab US Dividend Equity 15.8 6 34 7.3 +0.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity 15.7 29 11 6.3 -0.3

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

  2014 2015 2016 2017 2018 2019E 2020E
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
  2018 2019E 2020E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Invesco S&P Equal Weight Consumer Staples
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 21.6 %
Divided by: Fwd. P/BV 3.1 x
Less: Expense ratio 40 bp
Equals: ALTAR Score 6.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.74 CATEGORY
AVERAGE
1.55
 
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.