Pacific Global US Equity Income ETF
ALTAR
Score™
7.3% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
17.4x P/Sales
ratio
1.4x
P/BV
ratio
2.1x Div.
yield
3.7%


  • 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 11, 2019
Assets (mns) $28
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 345
Wgt avg mkt cap (mns) $95,320
Large cap (>$10bn) 91.1%
Mid cap ($2-10bn) 8.8%
Small cap (<$2bn) 0.2%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
AMGEN INC 1.6 %
ELI LILLY & CO 1.5 %
ABBVIE INC 1.4 %
PROCTER & GAMBLE CO/THE 1.4 %
QUALCOMM INC 1.4 %
PEPSICO INC 1.4 %
BROADCOM INC. 1.3 %
HOME DEPOT INC 1.3 %
BRISTOL-MYERS SQUIBB CO 1.3 %
JOHNSON & JOHNSON 1.3 %
Total 13.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.4 %
IRELAND 2.5 %
SWITZERLAND 0.7 %
BRITAIN 0.3 %
BERMUDA 0.2 %
PUERTO RICO 0.1 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-16.1% -7.0% -- -- 1.9%

Market Correlations
versus... Beta R-squared
S&P500 1.17 94%
MSCI EAFE 1.18 91%
MSCI Emg. Mkts. 0.89 81%

Technical Indicators
Recent close $23.25
30d moving avg. $23.46
Annualized volatility 22.0%
Short interest (ETF) 2.5%
Relative strength (RSI) 57

Liquidity measures
Avg. volume (thou.) 18
Turnover 1.5%
Bid/Ask (% of price) 0.81%
ADV underlying (mns) $101,912

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Pacific Global US Equity Income ETF 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™: 7.3%


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
(%)
VYM Vanguard High Dividend Yield Index ETF 68.0 6 23 7.4 +0.1
SCHV Schwab U.S. Large-Cap Value ETF 65.4 4 25 7.2 -0.1
DTD WisdomTree U.S.Total Dividend Fund 61.5 28 1 6.7 -0.6
DLN WisdomTree U.S. LargeCap Dividend Fund 61.0 28 1 6.4 -0.9
VTV Vanguard Value Index Fund 58.3 4 25 7.5 +0.2
DGRO iShares Core Dividend Growth ETF 57.6 8 21 6.7 -0.6
VOOV Vanguard S&P 500 Value ETF 56.9 15 14 7.4 +0.1
MGV Vanguard Mega Cap Value ETF 56.8 7 22 7.3 +0.1
SPYV SPDR Portfolio S&P 500 Value ETF 56.5 4 25 7.5 +0.2
IVE iShares S&P 500 Value ETF 56.4 18 11 7.3 +0.1
IUSV iShares Core S&P U.S. Value ETF 55.7 4 25 7.6 +0.3
DIVB iShares U.S. Dividend & Buyback ETF 54.0 25 4 6.7 -0.6
IWD iShares Russell 1000 Value ETF 53.8 19 10 7.2 -0.1
VONV Vanguard Russell 1000 Value Index Fund 53.2 8 21 7.4 +0.1
IWX iShares Russell Top 200 Value ETF 51.9 20 9 7.2 -0.1
PRF Invesco FTSE RAFI US 1000 ETF 51.3 39 -10 6.9 -0.4
EQWL Invesco Russell Top 200 Equal Weight ETF 51.3 25 4 6.2 -1.1
FNDX Schwab Fundamental U.S. Large Co. Index ETF 51.2 25 4 6.6 -0.7
OUSA O'Shares FTSE US Quality Dividend ETF 51.1 48 -19 5.7 -1.6
RAFE PIMCO RAFI ESG U.S. ETF 50.0 29 0 7.9 +0.6
FDRR Fidelity Dividend ETF for Rising Rates 48.9 29 0 7.0 -0.3
FNDB Schwab Fundamental U.S. Broad Market Index ETF 48.8 25 4 6.6 -0.7
RNDV US Equity Dividend Select ETF 48.1 50 -21 7.7 +0.4
FLQL Franklin LibertyQ U.S. Equity ETF 47.9 15 14 6.3 -1.0
EPS WisdomTree U.S. Earnings 500 Fund 47.1 8 21 6.5 -0.8
SPXT ProShares S&P 500 Ex-Technology ETF 46.2 27 2 5.7 -1.6
PFM Invesco Dividend Achievers ETF 46.1 54 -25 5.5 -1.8
JKF iShares Morningstar Large Cap Value ETF 45.5 25 4 7.6 +0.3
VLU SPDR S&P 1500 Value Tilt ETF 45.0 12 17 7.5 +0.2
QUS SPDR MSCI USA StrategicFactors ETF 43.8 15 14 5.9 -1.4
JVAL JPMorgan U.S. Value Factor ETF 43.5 12 17 8.8 +1.5
DTN WisdomTree U.S. Dividend ex-Financials Fund 43.5 38 -9 8.0 +0.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 42.6 29 0 6.3 -1.0
RECS Columbia Research Enhanced Core ETF 42.6 15 14 5.7 -1.6
RWL Invesco S&P 500 Revenue ETF 41.5 39 -10 7.3 0.0
IUS Invesco Strategic US ETF 41.3 19 10 6.7 -0.6
FVD First Trust Value Line Dividend Index Fund 40.6 70 -41 6.4 -0.9
ROUS Hartford Multifactor US Equity ETF 40.6 19 10 7.3 +0.0
PBP Invesco S&P 500 BuyWrite ETF 39.8 49 -20 5.0 -2.3
MGC Vanguard Mega Cap Index Fund 39.6 7 22 5.3 -2.0
OEF iShares S&P 100 ETF 39.6 20 9 4.8 -2.5
SNPE Xtrackers S&P 500 ESG ETF 39.1 11 18 5.2 -2.1
SPY SPDR S&P 500 ETF Trust 39.1 9 20 5.4 -1.9
SPLG SPDR Portfolio Large Cap ETF 39.0 3 26 5.5 -1.8
IVV iShares Core S&P 500 ETF 39.0 4 25 5.5 -1.8
VOO VANGUARD S&P 500 ETF 39.0 3 26 5.5 -1.8
JQUA JPMorgan U.S. Quality Factor ETF 38.9 12 17 5.3 -2.0
BKLC BNY Mellon US Large Cap Core Equity ETF 38.9 0 29 5.3 -2.0
ESG FlexShares STOXX US ESG Impact Index Fund 38.9 32 -3 5.1 -2.2
HSPX Global X S&P 500 Covered Call ETF 38.8 65 -36 4.9 -2.4
REVS Columbia Research Enhanced Value ETF 38.8 19 10 7.8 +0.5
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 38.5 20 9 5.0 -2.3
DEW WisdomTree Global High Dividend Fund 38.3 58 -29 9.4 +2.1
DHS WisdomTree U.S. High Dividend Fund 38.3 38 -9 8.7 +1.4
DYNF BlackRock U.S. Equity Factor Rotation ETF 38.2 30 -1 6.6 -0.7
IWL iShares Russell Top 200 ETF 38.1 15 14 5.1 -2.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 38.0 20 9 5.4 -1.9
DGRW WisdomTree U.S. Quality Dividend Growth Fund 38.0 28 1 6.5 -0.8
SPXV ProShares S&P 500 Ex-Health Care ETF 38.0 27 2 5.1 -2.2
JHML John Hancock Multifactor Large Cap ETF 37.9 29 0 5.6 -1.7
VV Vanguard Large-Cap Index Fund 37.9 4 25 5.3 -2.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 37.8 7 22 5.3 -2.0
ESGU iShares MSCI USA ESG Optimized ETF 37.8 15 14 5.2 -2.1
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 37.7 75 -46 6.2 -1.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 37.6 2 27 5.4 -1.9
SPXE ProShares S&P 500 Ex-Energy ETF 37.6 27 2 5.4 -1.9
CATH Global X S&P 500 Catholic Values Custom ETF 37.6 29 0 5.3 -2.0
JDIV JPMorgan U.S. Dividend ETF 37.6 12 17 7.9 +0.6
PBUS Invesco PureBeta MSCI USA ETF 37.5 4 25 5.3 -2.0
SCHX Schwab U.S. Large-Cap ETF 37.3 3 26 5.3 -2.0
SPTM SPDR Portfolio Total Stock Market ETF 37.3 3 26 5.6 -1.7
VONE Vanguard Russell 1000 ETF 37.2 8 21 5.3 -2.0
SUSL iShares ESG MSCI USA Leaders ETF 37.0 10 19 5.3 -2.0
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 37.0 10 19 5.3 -2.0
FVAL Fidelity Value Factor ETF 37.0 29 0 8.1 +0.8
QDEF FlexShares Quality Dividend Defensive Index Fund 36.8 37 -8 5.9 -1.4
SCHK Schwab 1000 Index ETF 36.7 5 24 5.3 -2.0
IWB iShares Russell 1000 ETF 36.6 15 14 5.2 -2.1
FQAL Fidelity Quality Factor ETF 36.5 29 0 5.5 -1.8
IYY iShares Dow Jones U.S. ETF 36.4 20 9 5.2 -2.1
QDF FlexShares Quality Dividend Index Fund 36.4 37 -8 6.2 -1.1
RNLC Large Cap US Equity Select ETF 36.1 60 -31 6.2 -1.1
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 35.7 15 14 6.3 -1.0
FLLV Franklin Liberty U.S. Low Volatility ETF 35.6 29 0 5.9 -1.4
NACP Impact Shares NAACP Minority Empowerment ETF 35.6 75 -46 4.6 -2.7
SPXN ProShares S&P 500 Ex-Financials ETF 35.6 27 2 5.0 -2.3
VTHR Vanguard Russell 3000 Index Fund 35.0 10 19 5.2 -2.1
FDVV Fidelity Core Dividend ETF 35.0 29 0 7.2 -0.1
SCHB Schwab U.S. Broad Market ETF 34.9 3 26 5.3 -2.0
IQSU IQ Candriam ESG US Equity ETF 34.8 9 20 5.1 -2.2
IWV iShares Russell 3000 ETF 34.7 20 9 5.1 -2.2
LVUS Hartford Multifactor Low Volatility US Equity ETF 34.6 19 10 6.1 -1.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 34.6 3 26 5.2 -2.1
SCIU Global X Scientific Beta US ETF 34.6 19 10 5.8 -1.5
VTI Vanguard Total Stock Market Index Fund 34.6 3 26 5.2 -2.1
DSI iShares MSCI KLD 400 Social ETF 34.5 25 4 5.2 -2.1
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 34.3 35 -6 8.7 +1.4
QDYN FlexShares Quality Dividend Dynamic Index Fund 34.3 37 -8 6.3 -1.0
WOMN Impact Shares YWCA Women's Empowerment ETF 33.8 75 -46 4.6 -2.7
RSP Invesco S&P 500 Equal Weight ETF 33.6 20 9 6.8 -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%.

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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:
Pacific Global US Equity Income ETF
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 15.1 %
Divided by: Fwd. P/BV 2.0 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 7.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.55 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.