Pacific Global US Equity Income
ALTAR
Score™
7.4% info Recommen-
dation
OVERWEIGHT
2019E    2020E
P/E
ratio
14.2x P/Sales
ratio
1.4x
P/BV
ratio
2.3x Div.
yield
3.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
USDY is an actively managed portfolio of US large-cap stocks. The fund seeks income and long-term capital growth.

FUND BASICS
Category US Equities
Fund Sponsor Pacific Global ETF
Website www.pacificglobaletfs.com
Inception date Feb 12, 2019
Assets (mns) $31
Currency USD
Expense ratio 29 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Proprietary
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 370
Wgt avg mkt cap (mns) $104,290
Large cap (>$10bn) 86.8%
Mid cap ($2-10bn) 13.2%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
BRISTOL-MYERS SQUIBB CO 1.3 %
MERCK & CO. INC. 1.3 %
VERIZON COMMUNICATIONS INC 1.3 %
PROCTER & GAMBLE CO/THE 1.3 %
TEXAS INSTRUMENTS INC 1.3 %
PEPSICO INC 1.3 %
AT&T INC 1.3 %
JPMORGAN CHASE & CO 1.3 %
JOHNSON & JOHNSON 1.3 %
COCA-COLA CO/THE 1.3 %
Total 12.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 97.3 %
IRELAND 0.7 %
BRITAIN 0.4 %
BERMUDA 0.2 %
PUERTO RICO 0.1 %
SWITZERLAND 0.1 %
PANAMA 0.0 %
CANADA 0.0 %



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.
19.6% -- -- -- 16.6%

Market Correlations
versus... Beta R-squared
S&P500 1.14 90%
MSCI EAFE 1.04 69%
MSCI Emg. Mkts. 0.85 73%

Technical Indicators
Recent close $28.28
30d moving avg. $27.85
Annualized volatility 13.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 62

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.11%
ADV underlying (mns) $64,386

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Pacific Global US Equity Income ETF based on the alternatives' overlap in portfolio holdings with USDY. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: USDY Expense: 29 bp ALTAR Score™: 7.4%


ALTERNATIVE ETFs BASED ON OVERLAP WITH USDY
Ticker Fund
Name
Overlap1
vs USDY
(%)
Expense
ratio
(bp)
Savings
vs USDY
(bp)
ALTAR
Score™
(%)
ALTAR
vs USDY
(%)
OYLD Invesco Russell 1000 Yield Factor ETF 67.5 19 10 7.0 -0.3
VYM Vanguard High Dividend Yield ETF 65.2 6 23 7.2 -0.2
SCHV Schwab U.S. Large-Cap Value 60.0 4 25 6.9 -0.5
DTD WisdomTree Total Dividend 57.1 28 1 6.5 -0.8
DLN WisdomTree Large Cap Dividend 56.9 28 1 6.5 -0.9
RNDV US Equity Dividend Select 55.2 50 -21 7.7 +0.3
DIVB iShares U.S. Dividend & Buyback 53.2 25 4 6.6 -0.8
VTV Vanguard Value ETF 52.9 4 25 7.1 -0.2
MGV Vanguard Mega Cap 300 Value 50.3 7 22 7.0 -0.4
FNDX Schwab Fundamental Large Cap 50.0 25 4 5.9 -1.5
PRF Invesco FTSE-RAFI U.S. 1000 50.0 39 -10 6.5 -0.9
DGRO iShares Core Dividend Growth 49.8 8 21 6.4 -1.0
IWD iShares Russell 1000 Value 48.5 19 10 6.9 -0.5
VONV Vanguard Russell 1000 Value 48.5 12 17 7.0 -0.4
EQWL Invesco Fundamental Pure Large Core 48.3 25 4 6.3 -1.1
FNDB Schwab Fundamental Broad Mkt 48.2 25 4 5.9 -1.5
FDRR Fidelity Dividend for Rising Rates 47.0 29 0 7.7 +0.4
VLU SPDR S&P 1500 Value Tilt 46.9 12 17 7.3 -0.1
OUSA O'Shares FTSE U.S. Quality Dividend 46.4 48 -19 5.9 -1.5
IVE iShares S&P 500 Value 45.7 18 11 6.9 -0.5

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

  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:
Pacific Global US Equity Income
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 16.1 %
Divided by: Fwd. P/BV 2.1 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 7.4 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.63 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.