Cambria Shareholder Yield ETF
ALTAR
Score™
7.5% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
27.3x P/Sales
ratio
0.8x
P/BV
ratio
1.4x Div.
yield
2.5%


  • 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) $79
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 100
Wgt avg mkt cap (mns) $61,555
Large cap (>$10bn) 45.5%
Mid cap ($2-10bn) 38.8%
Small cap (<$2bn) 15.8%
Developed mkts 98.6%
Emerging mkts 1.4%

TOP TEN HOLDINGS
GAMESTOP CORP-CLASS A 2.6 %
TOLL BROTHERS INC 1.9 %
APPLE INC 1.9 %
HALLIBURTON CO 1.8 %
MARRIOTT VACATIONS WORLD 1.7 %
WHIRLPOOL CORP 1.6 %
NU SKIN ENTERPRISES INC - A 1.6 %
RENT-A-CENTER INC 1.6 %
GENERAL MOTORS CO 1.5 %
FIAT CHRYSLER AUTOMOBILES NV 1.4 %
Total 17.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 90.0 %
BRITAIN 3.3 %
IRELAND 2.5 %
PANAMA 1.3 %
BERMUDA 0.6 %






HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
5.9% 9.3% 9.1% -- 10.3%

Market Correlations
versus... Beta R-squared
S&P500 1.40 87%
MSCI EAFE 1.41 87%
MSCI Emg. Mkts. 1.16 73%

Technical Indicators
Recent close $42.87
30d moving avg. $38.85
Annualized volatility 28.2%
Short interest (ETF) 0.0%
Short interest (Underlying) 4.4%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 7
Turnover 0.4%
Bid/Ask (% of price) 0.20%
ADV underlying (mns) $34,140

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™: 7.5%


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
(%)
FTA First Trust Large Cap Value AlphaDEX Fund 20.2 60 -1 7.8 +0.3
RPV Invesco S&P 500 Pure Value ETF 20.0 35 24 9.3 +1.8
ONEY SPDR Russell 1000 Yield Focus ETF 19.9 20 39 7.8 +0.3
QSY WisdomTree U.S. LargeCap Value Fund 19.8 38 21 6.0 -1.5
SPHB Invesco S&P 500 High Beta ETF 19.4 25 34 6.6 -0.9
ALTL Pacer Lunt Large Cap Alternator ETF 19.4 60 -1 6.3 -1.3
PY Principal Shareholder Yield Index ETF 17.6 15 44 8.3 +0.8
SPVU Invesco S&P 500 Enhanced Value ETF 17.6 13 46 10.1 +2.6
JKI iShares Morningstar Mid-Cap Value ETF 17.6 30 29 8.1 +0.6
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 17.5 35 24 8.0 +0.5
VALQ American Century STOXX U.S. Quality Value ETF 17.4 29 30 8.5 +0.9
VUSE Vident Core US Equity Fund 17.3 48 11 8.2 +0.7
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 17.1 29 30 8.0 +0.5
SPVM Invesco S&P 500 Value with Momentum ETF 17.1 39 20 8.1 +0.6
VLUE iShares MSCI USA Value Factor ETF 17.1 15 44 10.4 +2.9
COWZ Pacer US Cash Cows 100 ETF 16.8 49 10 10.8 +3.3
ESGS Columbia Sustainable U.S. Equity Income ETF 16.6 35 24 7.9 +0.4
FVAL Fidelity Value Factor ETF 16.6 29 30 7.2 -0.3
PKW Invesco Buyback Achievers ETF 16.4 62 -3 6.0 -1.5
FAB First Trust Multi Cap Value AlphaDEX Fund 16.3 71 -12 8.3 +0.8
JVAL JPMorgan U.S. Value Factor ETF 16.3 12 47 7.6 +0.0
FUNL CornerCap Fundametrics Large-Cap ETF 15.8 50 9 7.4 -0.1
VLU SPDR S&P 1500 Value Tilt ETF 15.8 12 47 6.6 -0.9
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 15.7 35 24 8.0 +0.5
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 15.3 20 39 7.2 -0.3
RWL Invesco S&P 500 Revenue ETF 15.3 39 20 6.6 -1.0
FNDX Schwab Fundamental U.S. Large Co. Index ETF 14.3 25 34 6.1 -1.4
SPYD SPDR S&P 500 High Dividend ETF 14.2 7 52 9.7 +2.2
JDIV JPMorgan U.S. Dividend ETF 13.9 12 47 7.0 -0.5
RNDV US Equity Dividend Select ETF 13.9 50 9 7.9 +0.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 13.7 25 34 6.1 -1.5
DIVB iShares U.S. Dividend & Buyback ETF 13.7 25 34 6.2 -1.3
AUSF Global X Adaptive U.S. Factor ETF 13.6 27 32 8.4 +0.9
SPGP Invesco S&P 500 GARP ETF 13.6 34 25 6.2 -1.3
LRGF iShares Edge MSCI Multifactor USA ETF 13.5 20 39 6.9 -0.6
PRF Invesco FTSE RAFI US 1000 ETF 13.5 39 20 6.2 -1.3
IUS Invesco Strategic US ETF 13.1 19 40 5.8 -1.7
DVY iShares Select Dividend ETF 12.9 39 20 8.5 +1.0
VOE Vanguard Mid-Cap Value Index Fund 12.9 7 52 6.9 -0.6
AFMC First Trust Active Factor Mid Cap ETF 12.9 65 -6 5.9 -1.6
EQRR ProShares Equities for Rising Rates ETF 12.5 35 24 7.0 -0.5
RAFE PIMCO RAFI ESG U.S. ETF 12.1 29 30 7.1 -0.4
STLV iShares Factors US Value Style ETF 12.1 25 34 7.1 -0.4
RDIV Invesco S&P Ultra Dividend Revenue ETF 12.1 39 20 9.4 +1.9
FNK First Trust Mid Cap Value AlphaDEX Fund 12.1 70 -11 8.5 +1.0
FEX First Trust Large Cap Core AlphaDEX Fund 12.0 60 -1 5.1 -2.5
EPS WisdomTree U.S. Earnings 500 Fund 11.9 8 51 6.0 -1.6
FLRG Fidelity U.S. Multifactor ETF 11.8 29 30 6.2 -1.3
RVRS Reverse Cap Weighted U.S. Large Cap ETF 11.7 29 30 6.6 -1.0
JKL iShares Morningstar Small Cap Value ETF 11.7 30 29 8.5 +1.0
XRT SPDR S&P Retail ETF 11.7 35 24 5.4 -2.2
USDY Pacific Global US Equity Income ETF 11.6 29 30 6.8 -0.7
JPUS JPMorgan Diversified Return U.S. Equity ETF 11.5 18 41 5.8 -1.7
RYF Invesco S&P 500 Equal Weight Financials ETF 11.3 40 19 8.4 +0.8
REVS Columbia Research Enhanced Value ETF 11.2 19 40 7.4 -0.2
EQWL Invesco Russell Top 200 Equal Weight ETF 11.2 25 34 5.8 -1.8
QDYN FlexShares Quality Dividend Dynamic Index Fund 11.0 37 22 5.7 -1.8
JHMF John Hancock Multifactor Financials ETF 10.9 40 19 6.9 -0.7
SCHD Schwab U.S. Dividend Equity ETF 10.9 6 53 7.3 -0.2
VAMO Cambria Value & Momentum ETF 10.8 63 -4 6.1 -1.4
QDIV Global X S&P 500 Quality Dividend ETF 10.8 20 39 6.9 -0.6
SYE SPDR MFS Systematic Core Equity ETF 10.7 60 -1 5.3 -2.2
MAGA Point Bridge GOP Stock Tracker ETF 10.7 72 -13 5.7 -1.8
RSP Invesco S&P 500 Equal Weight ETF 10.7 20 39 5.9 -1.6
VFMF Vanguard U.S. Multifactor ETF 10.6 19 40 6.7 -0.8
KRMA Global X Conscious Companies ETF 10.6 43 16 5.1 -2.4
TUSA First Trust Total US Market AlphaDEX ETF 10.5 70 -11 5.5 -2.0
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 10.5 19 40 5.6 -2.0
VOOV Vanguard S&P 500 Value ETF 10.5 10 49 6.8 -0.7
SYV SPDR MFS Systematic Value Equity ETF 10.5 60 -1 6.7 -0.8
QLC FlexShares US Quality Large Cap Index Fund 10.5 32 27 5.0 -2.5
ONEO SPDR Russell 1000 Momentum Focus ETF 10.4 20 39 6.0 -1.5
JKF iShares Morningstar Large Cap Value ETF 10.4 25 34 7.0 -0.5
ONEV SPDR Russell 1000 Low Volatility Focus ETF 10.4 20 39 6.5 -1.0
CLRG IQ Chaikin U.S. Large Cap ETF 10.4 25 34 5.3 -2.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 10.3 30 29 5.5 -2.0
LSAF LeaderShares AlphaFactor US Core Equity ETF 10.3 75 -16 5.5 -2.0
AFLG First Trust Active Factor Large Cap ETF 10.3 55 4 5.0 -2.5
DGRO iShares Core Dividend Growth ETF 10.2 8 51 6.2 -1.3
RDVY First Trust Rising Dividend Achievers ETF 10.2 50 9 6.9 -0.6
VYM Vanguard High Dividend Yield Index ETF 10.2 6 53 6.9 -0.6
QVAL Alpha Architect U.S. Quantitative Value ETF 10.1 49 10 10.6 +3.1
FXD First Trust Consumer Discretionary AlphaDEX Fund 10.1 64 -5 5.3 -2.2
AVUS Avantis U.S. Equity ETF 10.1 15 44 5.2 -2.3
RNLC Large Cap US Equity Select ETF 10.1 60 -1 5.6 -1.9
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 10.0 60 -1 6.8 -0.8
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 10.0 24 35 5.7 -1.8
SPYV SPDR Portfolio S&P 500 Value ETF 9.9 4 55 6.8 -0.7
IVE iShares S&P 500 Value ETF 9.9 18 41 6.7 -0.8
GBDV Global Beta Smart Income ETF 9.9 29 30 9.3 +1.8
DVLU First Trust Dorsey Wright Momentum & Value ETF 9.9 60 -1 9.5 +2.0
QDF FlexShares Quality Dividend Index Fund 9.9 37 22 5.7 -1.8
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 9.9 15 44 5.9 -1.6
FDRR Fidelity Dividend ETF for Rising Rates 9.9 29 30 6.3 -1.2
IUSV iShares Core S&P U.S. Value ETF 9.9 4 55 6.9 -0.6
VTV Vanguard Value Index Fund 9.9 4 55 6.8 -0.8
ROUS Hartford Multifactor US Equity ETF 9.9 19 40 6.2 -1.3
VONV Vanguard Russell 1000 Value Index Fund 9.8 8 51 6.4 -1.1

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%.

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:
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 10.7 %
Divided by: Fwd. P/BV 1.3 x
Less: Expense ratio 59 bp
Equals: ALTAR Score 7.5 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.62 CATEGORY
AVERAGE
1.50
 
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.