VanEck Vectors Retail
ALTAR
Score™
5.8% info Recommen-
dation
NEUTRAL
2019E    2020E
P/E
ratio
20.7x P/Sales
ratio
0.7x
P/BV
ratio
5.1x Div.
yield
1.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
VanEck Vectors Retail ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the US Listed Retail 25 Index.

FUND BASICS
Category Global Equities
Fund Sponsor Van Eck Associates Corp
Website www.vaneck.com
Inception date Dec 21, 2011
Assets (mns) $86
Currency USD
Expense ratio 35 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication n/a
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 25
Wgt avg mkt cap (mns) $265,081
Large cap (>$10bn) 98.0%
Mid cap ($2-10bn) 2.0%
Small cap (<$2bn) 0.0%
Developed mkts 97.4%
Emerging mkts 2.6%

TOP TEN HOLDINGS
AMAZON.COM INC 19.2 %
HOME DEPOT INC 10.8 %
WAL-MART STORES INC 9.1 %
COSTCO WHOLESALE CORP 5.1 %
CVS CAREMARK CORP 5.0 %
LOWE'S COS INC 4.9 %
TJX COMPANIES INC 4.6 %
TARGET CORP 4.5 %
WALGREENS BOOTS ALLIANCE INC 4.4 %
SYSCO CORP 4.2 %
Total 71.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.3 %
CHINA 2.7 %









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.
23.8% 13.8% 14.2% -- 17.1%

Market Correlations
versus... Beta R-squared
S&P500 1.04 70%
MSCI EAFE 0.90 44%
MSCI Emg. Mkts. 0.56 28%

Technical Indicators
Recent close $119.24
30d moving avg. $116.54
Annualized volatility 15.1%
Short interest (ETF) 14.7%
Short interest (Underlying) 2.8%
Relative strength (RSI) 64

Liquidity measures
Avg. volume (thou.) 11
Turnover 1.5%
Bid/Ask (% of price) 0.05%
ADV underlying (mns) $11,357

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the VanEck Vectors Retail ETF based on the alternatives' overlap in portfolio holdings with RTH. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: RTH Expense: 35 bp ALTAR Score™: 5.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH RTH
Ticker Fund
Name
Overlap1
vs RTH
(%)
Expense
ratio
(bp)
Savings
vs RTH
(bp)
ALTAR
Score™
(%)
ALTAR
vs RTH
(%)
FTXD First Trust Nasdaq Retail 55.3 60 -25 6.5 +0.7
IEDI iShares Evolved U.S. Discretionary Spending 50.3 18 17 5.0 -0.8
XLY Consumer Discretionary Select Sector SPDR 48.4 13 22 5.7 -0.1
IYC iShares DJ US Consumer Services 43.7 42 -7 5.1 -0.7
FDIS Fidelity MSCI Consumer Discrettionary 41.2 8 27 5.4 -0.4
VCR Vanguard Consumer Discretionary 40.8 10 25 5.5 -0.2
JHMC John Hancock Multifactor Consumer Discretionary 30.1 40 -5 6.0 +0.2
RXI iShares S&P Global Consumer Discretionary 27.0 46 -11 6.8 +1.0
PMR Invesco Dynamic Retail 26.0 63 -28 7.2 +1.4
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum 23.0 75 -40 3.7 -2.1
ONLN ProShares Online Retail 21.8 58 -23 2.8 -2.9
XLP Consumer Staples Select Sector SPDR 20.1 13 22 5.5 -0.2
RWL Invesco S&P 500 Revenue ETF 20.0 39 -4 7.5 +1.8
RCD Invesco S&P Equal Weight Consumer Discretionary 19.4 40 -5 8.4 +2.7
XRT SPDR S&P Retail 19.3 35 0 8.9 +3.1
FSTA Fidelity MSCI Consumer Staples 19.0 8 27 5.5 -0.2
VDC Vanguard Consumer Staples 18.9 10 25 5.5 -0.2
JHMS John Hancock Multifactor Consumer Staples 18.0 40 -5 7.7 +2.0
DIVO Amplify YieldShares CWP Dividend & Option Income 15.5 49 -14 5.6 -0.2
ESGL Invesco ESG Revenue ETF 14.8 40 -5 7.8 +2.1

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

Content on this tab for subscribers only

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:
VanEck Vectors Retail
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 26.4 %
Divided by: Fwd. P/BV 4.3 x
Less: Expense ratio 35 bp
Equals: ALTAR Score 5.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.45 CATEGORY
AVERAGE
1.54
 
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.