Cambria Shareholder Yield ETF
ALTAR
Score™
8.7% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
33.4x P/Sales
ratio
0.7x
P/BV
ratio
1.2x Div.
yield
2.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Cambria Shareholder Yield ETF is an actively managed exchange-traded fund incorporated in the USA. The Fund employs a quantitative algorithm to select U.S. listed companies that show strong characteristics in returning free cash flow to their shareholders.

FUND BASICS
Category US Equities
Fund Sponsor Cambria Investment Management
Website www.cambriafunds.com
Inception date May 13, 2013
Assets (mns) $71
Currency USD
Expense ratio 59 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Statutory Trust
Custodian
Weighting Proprietary
Index replication Full
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 99
Wgt avg mkt cap (mns) $60,206
Large cap (>$10bn) 40.1%
Mid cap ($2-10bn) 40.4%
Small cap (<$2bn) 19.5%
Developed mkts 98.8%
Emerging mkts 1.2%

TOP TEN HOLDINGS
STAMPS.COM INC 3.0 %
TOLL BROTHERS INC 2.1 %
APPLE INC 2.0 %
HALLIBURTON CO 1.9 %
NU SKIN ENTERPRISES INC - A 1.9 %
WHIRLPOOL CORP 1.7 %
QORVO INC 1.7 %
GAMESTOP CORP-CLASS A 1.6 %
RENT-A-CENTER INC 1.6 %
MARRIOTT VACATIONS WORLD 1.5 %
Total 19.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 88.9 %
BRITAIN 4.0 %
IRELAND 2.4 %
BERMUDA 1.5 %
PANAMA 1.2 %






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.
-10.4% 6.3% 6.7% -- 8.1%

Market Correlations
versus... Beta R-squared
S&P500 1.38 88%
MSCI EAFE 1.49 86%
MSCI Emg. Mkts. 1.08 71%

Technical Indicators
Recent close $36.40
30d moving avg. $35.44
Annualized volatility 25.8%
Short interest (ETF) 0.0%
Short interest (Underlying) 4.4%
Relative strength (RSI) 61

Liquidity measures
Avg. volume (thou.) 6
Turnover 0.3%
Bid/Ask (% of price) 0.20%
ADV underlying (mns) $4,724

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 98 potential alternatives to the Cambria Shareholder Yield ETF ETF based on the alternatives' overlap in portfolio holdings with SYLD. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SYLD Expense: 59 bp ALTAR Score™: 8.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SYLD
Ticker Fund
Name
Overlap1
vs SYLD
(%)
Expense
ratio
(bp)
Savings
vs SYLD
(bp)
ALTAR
Score™
(%)
ALTAR
vs SYLD
(%)
ONEY SPDR Russell 1000 Yield Focus ETF 20.6 20 39 8.7 -0.0
FTA First Trust Large Cap Value AlphaDEX Fund 20.3 60 -1 9.0 +0.2
QSY WisdomTree U.S. LargeCap Value Fund 20.0 38 21 6.7 -2.0
RPV Invesco S&P 500 Pure Value ETF 19.8 35 24 10.7 +1.9
PVAL Principal Contrarian Value Index ETF 19.7 29 30 9.5 +0.8
SPHB Invesco S&P 500 High Beta ETF 18.0 25 34 8.6 -0.2
VUSE Vident Core US Equity Fund 18.0 48 11 8.8 +0.0
PY Principal Shareholder Yield Index ETF 17.5 15 44 9.2 +0.5
SPVU Invesco S&P 500 Enhanced Value ETF 17.1 13 46 11.4 +2.7
JKI iShares Morningstar Mid-Cap Value ETF 16.8 30 29 8.8 +0.1
VALQ American Century STOXX U.S. Quality Value ETF 16.7 29 30 8.9 +0.2
PKW Invesco Buyback Achievers ETF 16.2 62 -3 7.2 -1.6
VLUE iShares Edge MSCI USA Value Factor ETF 16.2 15 44 11.3 +2.5
VFVA Vanguard U.S. Value Factor ETF 16.1 14 45 10.8 +2.1
FAB First Trust Multi Cap Value AlphaDEX Fund 16.1 71 -12 9.5 +0.8
JVAL JPMorgan U.S. Value Factor ETF 16.0 12 47 8.7 -0.0
ESGS Columbia Sustainable U.S. Equity Income ETF 15.8 35 24 8.7 -0.1
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 15.7 29 30 9.1 +0.4
PMOM Principal Sustainable Momentum Index ETF 15.5 29 30 8.6 -0.1
VLU SPDR S&P 1500 Value Tilt ETF 15.5 12 47 7.4 -1.3
JDIV JPMorgan U.S. Dividend ETF 15.3 12 47 7.6 -1.1
SPYD SPDR S&P 500 High Dividend ETF 15.2 7 52 10.9 +2.2
RWL Invesco S&P 500 Revenue ETF 15.1 39 20 7.2 -1.5
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 15.0 35 24 8.3 -0.4
SLT Salt TruBeta High Exposure ETF 14.7 29 30 8.4 -0.3
SPVM Invesco S&P 500 Value with Momentum ETF 14.5 39 20 8.7 -0.0
DVY iShares Select Dividend ETF 14.1 39 20 9.3 +0.6
LRGF iShares Edge MSCI Multifactor USA ETF 13.9 20 39 7.7 -1.1
STLV iShares Factors US Value Style ETF 13.9 25 34 7.1 -1.6
FVAL Fidelity Value Factor ETF 13.9 29 30 8.3 -0.4
COWZ Pacer US Cash Cows 100 ETF 13.8 49 10 10.3 +1.6
FNDX Schwab Fundamental U.S. Large Co. Index ETF 13.6 25 34 7.2 -1.6
DIVB iShares U.S. Dividend & Buyback ETF 13.3 25 34 7.0 -1.7
FNDB Schwab Fundamental U.S. Broad Market Index ETF 13.2 25 34 7.2 -1.6
PRF Invesco FTSE RAFI US 1000 ETF 13.2 39 20 7.1 -1.7
SPGP Invesco S&P 500 GARP ETF 13.1 34 25 7.0 -1.7
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 12.8 20 39 7.6 -1.2
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 12.7 35 24 8.3 -0.4
IUS Invesco Strategic US ETF 12.6 19 40 6.9 -1.8
FEX First Trust Large Cap Core AlphaDEX Fund 12.5 60 -1 6.0 -2.8
USDY Pacific Global US Equity Income ETF 12.0 29 30 7.1 -1.7
RDIV Invesco S&P Ultra Dividend Revenue ETF 11.9 39 20 10.2 +1.5
BUY USCF SummerHaven SHPEI Index Fund 11.8 80 -21 8.7 -0.1
TUSA First Trust Total US Market AlphaDEX ETF 11.8 70 -11 5.9 -2.8
RAFE PIMCO RAFI ESG U.S. ETF 11.7 29 30 7.5 -1.3
FXD First Trust Consumer Discretionary AlphaDEX Fund 11.6 64 -5 5.6 -3.2
RNDV US Equity Dividend Select ETF 11.5 50 9 7.8 -0.9
EQWL Invesco Russell Top 200 Equal Weight ETF 11.5 25 34 6.1 -2.7
VOE Vanguard Mid-Cap Value Index Fund 11.3 7 52 7.6 -1.2
EPS WisdomTree U.S. Earnings 500 Fund 11.3 8 51 7.1 -1.7
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 11.3 15 44 6.9 -1.9
AFMC First Trust Active Factor Mid Cap ETF 11.2 65 -6 6.3 -2.4
VFMF Vanguard U.S. Multifactor ETF 11.1 19 40 7.5 -1.2
FNK First Trust Mid Cap Value AlphaDEX Fund 11.1 70 -11 10.7 +2.0
RYF Invesco S&P 500 Equal Weight Financials ETF 11.0 40 19 9.5 +0.8
QDIV Global X S&P 500 Quality Dividend ETF 11.0 20 39 7.5 -1.3
JHMF John Hancock Multifactor Financials ETF 10.9 40 19 7.7 -1.1
TPHD Timothy Plan High Dividend Stock ETF 10.9 52 7 7.4 -1.4
XRT SPDR S&P Retail ETF 10.8 35 24 5.3 -3.4
JKL iShares Morningstar Small Cap Value ETF 10.8 30 29 9.9 +1.1
VAMO Cambria Value & Momentum ETF 10.8 63 -4 7.0 -1.7
RVRS Reverse Cap Weighted U.S. Large Cap ETF 10.7 29 30 7.7 -1.1
MAGA Point Bridge GOP Stock Tracker ETF 10.7 72 -13 6.2 -2.6
JPUS JPMorgan Diversified Return U.S. Equity ETF 10.6 18 41 6.1 -2.6
RDVY First Trust Rising Dividend Achievers ETF 10.6 50 9 7.8 -0.9
DYNF BlackRock U.S. Equity Factor Rotation ETF 10.6 30 29 6.5 -2.2
REVS Columbia Research Enhanced Value ETF 10.6 19 40 7.3 -1.4
CLRG IQ Chaikin U.S. Large Cap ETF 10.6 25 34 5.8 -3.0
SCHD Schwab U.S. Dividend Equity ETF 10.5 6 53 7.8 -0.9
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 10.5 19 40 6.6 -2.1
QDYN FlexShares Quality Dividend Dynamic Index Fund 10.4 37 22 6.9 -1.9
FDRR Fidelity Dividend ETF for Rising Rates 10.4 29 30 7.5 -1.2
FDVV Fidelity Core Dividend ETF 10.4 29 30 7.4 -1.3
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 10.3 60 -1 7.9 -0.9
JKF iShares Morningstar Large Cap Value ETF 10.3 25 34 7.5 -1.3
SYV SPDR MFS Systematic Value Equity ETF 10.3 60 -1 7.2 -1.5
AUSF Global X Adaptive U.S. Factor ETF 10.2 27 32 9.1 +0.3
QLC FlexShares US Quality Large Cap Index Fund 10.1 32 27 5.9 -2.9
FXO First Trust Financials AlphaDEX Fund 10.1 63 -4 12.4 +3.7
EQRR ProShares Equities for Rising Rates ETF 10.1 35 24 6.7 -2.0
AVUS Avantis U.S. Equity ETF 9.9 15 44 6.1 -2.7
LSAF LeaderShares AlphaFactor US Core Equity ETF 9.8 75 -16 6.0 -2.7
DGRO iShares Core Dividend Growth ETF 9.8 8 51 6.8 -1.9
KRMA Global X Conscious Companies ETF 9.8 43 16 5.8 -3.0
FOVL iShares Focused Value Factor ETF 9.8 25 34 10.1 +1.3
VYM Vanguard High Dividend Yield Index ETF 9.8 6 53 7.3 -1.4
SYE SPDR MFS Systematic Core Equity ETF 9.7 60 -1 6.6 -2.2
EZM WisdomTree U.S. MidCap Earnings Fund 9.7 38 21 8.8 +0.1
VTV Vanguard Value Index Fund 9.7 4 55 7.2 -1.5
ONEO SPDR Russell 1000 Momentum Focus ETF 9.7 20 39 6.4 -2.4
AFLG First Trust Active Factor Large Cap ETF 9.7 55 4 6.3 -2.5
ONEV SPDR Russell 1000 Low Volatility Focus ETF 9.6 20 39 6.9 -1.9
ROUS Hartford Multifactor US Equity ETF 9.6 19 40 6.4 -2.3
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 9.6 29 30 7.6 -1.2
RSP Invesco S&P 500 Equal Weight ETF 9.5 20 39 6.4 -2.3
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 9.5 24 35 6.0 -2.7
DTN WisdomTree U.S. Dividend ex-Financials Fund 9.5 38 21 7.8 -1.0
QDF FlexShares Quality Dividend Index Fund 9.5 37 22 6.8 -1.9

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:
Cambria Shareholder Yield ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 10.9 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 8.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.64 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.