Invesco Russell 1000 Low Beta Equal Weight ETF
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- Description
- Performance
- Comps
Fundamentals
Valuation
Rating
The Invesco Russell 1000 Low Beta Equal Weight Portfolio tracks an index of stocks selected from the 1000 largest US firms. The index selects stocks with low beta and positive earnings, and weights them equally. |
Category | US Equities |
Fund Sponsor | Invesco PowerShares |
Website | www.powershares.com |
Inception date | Nov 05, 2015 |
Assets (mns) | $9 |
Currency | USD |
Expense ratio | 35 bp |
Distributions | Quarterly |
Regulation | Open-End Investment Company |
Custodian | Bank of New York Mellon |
Weighting | Equal |
Index replication | |
Uses derivatives | No |
Options available | No |
No. of constituents | 393 |
Wgt avg mkt cap (mns) | $56,960 |
Large cap (>$10bn) | 72.1% |
Mid cap ($2-10bn) | 27.6% |
Small cap (<$2bn) | 0.3% |
Developed mkts | 100.0% |
Emerging mkts | 0.0% |
LIBERTY BROADBAND CORP. CLASS C | 0.4 % |
ELI LILLY & CO | 0.3 % |
GENERAC HOLDINGS INC | 0.3 % |
NOVOCURE LIMITED | 0.3 % |
ALEXION PHARMACEUTICALS INC | 0.3 % |
REALPAGE INC | 0.3 % |
UNITED THERAPEUTICS CORP | 0.3 % |
VALMONT INDUSTRIES | 0.3 % |
INTERACTIVE BROKERS GRO-CL A | 0.3 % |
AMEDISYS INC | 0.3 % | Total | 3.3 % |
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UNITED STATES | 94.9 % |
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IRELAND | 1.8 % |
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BRITAIN | 1.3 % |
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BERMUDA | 1.0 % |
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SWITZERLAND | 0.5 % |
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NETHERLANDS | 0.3 % |
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CHINA | 0.3 % |
HISTORICAL PERFORMANCE 

Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
4.1% | 4.1% | 9.4% | -- | 8.9% |
versus... | Beta | R-squared |
S&P500 | 0.94 | 90% |
MSCI EAFE | 0.86 | 74% |
MSCI Emg. Mkts. | 0.70 | 62% |
Recent close | $35.78 |
30d moving avg. | $35.13 |
Annualized volatility | 18.7% |
Short interest (ETF) | 3.3% |
Short interest (Underlying) | 4.0% |
Relative strength (RSI) | 63 |
Avg. volume (thou.) | 0 |
Turnover | 0.0% |
Bid/Ask (% of price) | 0.46% |
ADV underlying (mns) | $131,514 |
FINDING ALTERNATIVE FUNDS
Below is a list of 97 potential alternatives to the Invesco Russell 1000 Low Beta Equal Weight ETF ETF based on the alternatives' overlap in portfolio holdings with USLB. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | USLB | Expense: | 35 bp | ALTAR Score™: | 5.1% |
Ticker | Fund Name |
Overlap1 vs USLB (%) |
Expense ratio (bp) |
Savings vs USLB (bp) |
ALTAR Score™ (%) |
ALTAR vs USLB (%) |
CFO | VictoryShares US 500 Enhanced Volatility Weighted Index ETF | 59.4 | 35 | 0 | 5.1 | 0.0 |
CFA | VictoryShares US 500 Volatility Weighted Index ETF | 58.9 | 35 | 0 | 5.0 | -0.0 |
USEQ | Invesco Russell 1000 Enhanced Equal Weight ETF | 53.7 | 29 | 6 | 6.0 | +1.0 |
GSEW | Goldman Sachs Equal Weight U.S. Large Cap Equity ETF | 53.0 | 9 | 26 | 5.0 | -0.1 |
DEUS | Xtrackers Russell 1000 Comprehensive Factor ETF | 52.9 | 17 | 18 | 5.6 | +0.6 |
RSP | Invesco S&P 500 Equal Weight ETF | 47.9 | 20 | 15 | 5.6 | +0.6 |
TPLC | Timothy Plan US Large Cap Core ETF | 47.8 | 52 | -17 | 4.4 | -0.6 |
EUSA | iShares MSCI USA Equal Weighted ETF | 45.7 | 15 | 20 | 5.1 | +0.1 |
ONEO | SPDR Russell 1000 Momentum Focus ETF | 45.5 | 20 | 15 | 5.6 | +0.5 |
SIZE | iShares MSCI USA Size Factor ETF | 45.3 | 15 | 20 | 5.1 | +0.1 |
RBUS | Nationwide Risk-Based U.S. Equity ETF | 45.3 | 30 | 5 | 4.6 | -0.5 |
PQLC | PGIM QMA Strategic Alpha Large-Cap Core ETF | 43.0 | 17 | 18 | 6.1 | +1.0 |
ROUS | Hartford Multifactor US Equity ETF | 42.4 | 19 | 16 | 5.8 | +0.8 |
ONEV | SPDR Russell 1000 Low Volatility Focus ETF | 42.1 | 20 | 15 | 6.2 | +1.1 |
JPUS | JPMorgan Diversified Return U.S. Equity ETF | 41.8 | 18 | 17 | 5.6 | +0.5 |
OMFL | Invesco Russell 1000 Dynamic Multifactor ETF | 41.8 | 29 | 6 | 7.3 | +2.2 |
JHML | John Hancock Multifactor Large Cap ETF | 41.1 | 29 | 6 | 4.8 | -0.2 |
EQAL | Invesco Russell 1000 Equal Weight ETF | 39.8 | 20 | 15 | 5.0 | -0.1 |
GSLC | Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | 38.6 | 9 | 26 | 4.8 | -0.3 |
JPME | JPMorgan Diversified Return U.S. Mid Cap Equity ETF | 38.4 | 24 | 11 | 5.5 | +0.4 |
FEX | First Trust Large Cap Core AlphaDEX Fund | 38.3 | 60 | -25 | 4.7 | -0.4 |
JMIN | JPMorgan U.S. Minimum Volatility ETF | 38.2 | 12 | 23 | 5.3 | +0.2 |
ESGV | Vanguard ESG U.S. Stock ETF | 38.1 | 12 | 23 | 4.5 | -0.6 |
RNLC | Large Cap US Equity Select ETF | 38.1 | 60 | -25 | 5.2 | +0.2 |
DYNF | BlackRock U.S. Equity Factor Rotation ETF | 37.6 | 30 | 5 | 5.2 | +0.2 |
JHMM | John Hancock Multifactor Mid Cap ETF | 37.3 | 42 | -7 | 4.7 | -0.4 |
QUS | SPDR MSCI USA StrategicFactors ETF | 36.8 | 15 | 20 | 5.3 | +0.2 |
IWR | iShares Russell Midcap ETF | 36.0 | 19 | 16 | 4.7 | -0.4 |
BKMC | BNY Mellon US Mid Cap Core Equity ETF | 35.8 | 4 | 31 | 4.9 | -0.2 |
VOOV | Vanguard S&P 500 Value ETF | 34.6 | 10 | 25 | 6.6 | +1.5 |
BFOR | Barron's 400 ETF | 34.5 | 65 | -30 | 5.6 | +0.5 |
AFLG | First Trust Active Factor Large Cap ETF | 33.7 | 55 | -20 | 4.6 | -0.4 |
MFUS | PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 33.7 | 30 | 5 | 5.0 | -0.0 |
JQUA | JPMorgan U.S. Quality Factor ETF | 33.6 | 12 | 23 | 5.0 | -0.0 |
IWB | iShares Russell 1000 ETF | 33.5 | 15 | 20 | 4.4 | -0.6 |
VONV | Vanguard Russell 1000 Value Index Fund | 33.3 | 8 | 27 | 6.2 | +1.1 |
SCHK | Schwab 1000 Index ETF | 33.3 | 5 | 30 | 4.6 | -0.5 |
SCHX | Schwab U.S. Large-Cap ETF | 33.3 | 3 | 32 | 4.5 | -0.5 |
RESP | WisdomTree US ESG Fund of Benef Interest | 33.3 | 28 | 7 | 5.0 | -0.0 |
IYY | iShares Dow Jones U.S. ETF | 33.3 | 20 | 15 | 4.4 | -0.7 |
PBUS | Invesco PureBeta MSCI USA ETF | 33.2 | 4 | 31 | 4.6 | -0.5 |
SPYX | SPDR S&P 500 Fossil Fuel Reserves Free ETF | 33.0 | 20 | 15 | 4.8 | -0.3 |
EPS | WisdomTree U.S. Earnings 500 Fund | 33.0 | 8 | 27 | 5.9 | +0.8 |
PBP | Invesco S&P 500 BuyWrite ETF | 32.9 | 49 | -14 | 4.3 | -0.8 |
VTHR | Vanguard Russell 3000 Index Fund | 32.8 | 10 | 25 | 4.4 | -0.7 |
JMOM | JPMorgan U.S. Momentum Factor ETF | 32.7 | 12 | 23 | 3.0 | -2.1 |
FLQL | Franklin LibertyQ U.S. Equity ETF | 32.7 | 15 | 20 | 5.9 | +0.9 |
XYLG | Global X S&P 500 Covered Call & Growth ETF | 32.6 | 60 | -25 | 4.4 | -0.7 |
USMV | iShares Edge MSCI Min Vol USA ETF | 32.3 | 15 | 20 | 5.3 | +0.2 |
BBUS | JP Morgan Betabuilders U.S. Equity ETF | 32.3 | 2 | 33 | 4.6 | -0.5 |
SPLG | SPDR Portfolio Large Cap ETF | 32.3 | 3 | 32 | 4.7 | -0.4 |
SPY | SPDR S&P 500 ETF Trust | 32.3 | 9 | 26 | 4.7 | -0.4 |
GSUS | Goldman Sachs MarketBeta U.S. Equity ETF | 32.3 | 7 | 28 | 4.5 | -0.5 |
SPXE | ProShares S&P 500 Ex-Energy ETF | 32.3 | 27 | 8 | 4.6 | -0.5 |
IWD | iShares Russell 1000 Value ETF | 32.3 | 19 | 16 | 6.0 | +1.0 |
IVV | iShares Core S&P 500 ETF | 32.3 | 3 | 32 | 4.7 | -0.3 |
SPTM | SPDR Portfolio Total Stock Market ETF | 32.3 | 3 | 32 | 4.8 | -0.3 |
VV | Vanguard Large-Cap Index Fund | 32.2 | 4 | 31 | 4.6 | -0.5 |
DFAU | Dimensional US Core Equity Market ETF | 32.2 | 12 | 23 | 4.7 | -0.4 |
SFY | SoFi Select 500 ETF | 32.1 | 0 | 35 | 4.6 | -0.5 |
IWV | iShares Russell 3000 ETF | 32.1 | 20 | 15 | 4.3 | -0.8 |
IUSV | iShares Core S&P U.S. Value ETF | 32.0 | 4 | 31 | 6.4 | +1.4 |
SCHB | Schwab U.S. Broad Market ETF | 31.9 | 3 | 32 | 4.4 | -0.6 |
VOO | VANGUARD S&P 500 ETF | 31.9 | 3 | 32 | 4.8 | -0.3 |
IVE | iShares S&P 500 Value ETF | 31.8 | 18 | 17 | 6.3 | +1.2 |
SPYV | SPDR Portfolio S&P 500 Value ETF | 31.8 | 4 | 31 | 6.4 | +1.4 |
ITOT | iShares Core S&P Total U.S. Stock Market ETF | 31.8 | 3 | 32 | 4.4 | -0.7 |
VONE | Vanguard Russell 1000 ETF | 31.6 | 8 | 27 | 4.5 | -0.5 |
AVUS | Avantis U.S. Equity ETF | 31.5 | 15 | 20 | 4.8 | -0.3 |
SPXT | ProShares S&P 500 Ex-Technology ETF | 31.3 | 27 | 8 | 4.9 | -0.2 |
VTI | Vanguard Total Stock Market Index Fund | 31.3 | 3 | 32 | 4.4 | -0.7 |
ESGU | iShares MSCI USA ESG Optimized ETF | 31.3 | 15 | 20 | 4.4 | -0.7 |
CATH | Global X S&P 500 Catholic Values Custom ETF | 31.1 | 29 | 6 | 4.6 | -0.5 |
SCHV | Schwab U.S. Large-Cap Value ETF | 30.8 | 4 | 31 | 6.1 | +1.0 |
IWS | iShares Russell Mid-Cap Value ETF | 30.7 | 24 | 11 | 5.9 | +0.9 |
JUST | Goldman Sachs JUST U.S. Large Cap Equity ETF | 30.7 | 20 | 15 | 4.6 | -0.5 |
XVV | iShares ESG Screened S&P 500 ETF | 30.6 | 8 | 27 | 4.9 | -0.2 |
ETHO | Etho Climate Leadership U.S. ETF | 30.5 | 47 | -12 | 3.6 | -1.4 |
RVRS | Reverse Cap Weighted U.S. Large Cap ETF | 30.5 | 29 | 6 | 6.2 | +1.1 |
SIXL | 6 Meridian Low Beta Equity Strategy ETF | 30.3 | 84 | -49 | 4.0 | -1.0 |
USMF | WisdomTree U.S. Multifactor Fund | 30.1 | 28 | 7 | 5.4 | +0.3 |
DTD | WisdomTree U.S.Total Dividend Fund | 29.9 | 28 | 7 | 6.2 | +1.2 |
PRF | Invesco FTSE RAFI US 1000 ETF | 29.7 | 39 | -4 | 5.8 | +0.7 |
VO | Vanguard Mid-Cap Index Fund | 29.4 | 4 | 31 | 4.5 | -0.5 |
DLN | WisdomTree U.S. LargeCap Dividend Fund | 28.7 | 28 | 7 | 6.1 | +1.1 |
SPXN | ProShares S&P 500 Ex-Financials ETF | 28.7 | 27 | 8 | 4.3 | -0.7 |
MXDU | Nationwide Maximum Diversification US Core Equity ETF | 28.6 | 34 | 1 | 4.3 | -0.8 |
TUSA | First Trust Total US Market AlphaDEX ETF | 28.5 | 70 | -35 | 4.8 | -0.3 |
FNDX | Schwab Fundamental U.S. Large Co. Index ETF | 28.3 | 25 | 10 | 5.7 | +0.7 |
IQSU | IQ Candriam ESG US Equity ETF | 28.3 | 9 | 26 | 4.5 | -0.6 |
TILT | Flexshares Morningstar US Market Factors Tilt Index Fund | 28.3 | 25 | 10 | 4.9 | -0.2 |
QRFT | Qraft Ai-Enhanced U.S. Large Cap ETF | 28.2 | 75 | -40 | 2.0 | -3.1 |
FNDB | Schwab Fundamental U.S. Broad Market Index ETF | 27.9 | 25 | 10 | 5.7 | +0.6 |
USXF | iShares ESG Advanced MSCI USA ETF | 27.8 | 10 | 25 | 4.5 | -0.5 |
MMTM | SPDR S&P 1500 Momentum Tilt ETF | 27.6 | 12 | 23 | 4.0 | -1.1 |
MGC | Vanguard Mega Cap Index Fund | 27.4 | 7 | 28 | 4.6 | -0.5 |
RWL | Invesco S&P 500 Revenue ETF | 27.4 | 39 | -4 | 6.3 | +1.2 |
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 | |
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Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share ![]() |
** | ** | ** | ** | ** | ** | ** |
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 |
*Six months ago = 100 |
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VALUATION METRICS
2019 | 2020E | 2021E | |
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Price-to-sales | ** | ** | ** |
Price-to-earnings | ** | ** | ** |
Price-to-cash flow | ** | ** | ** |
Price-to-growth | ** | ** | ** |
Price-to-book value | ** | ** | ** |
Yield | ** | ** | ** |
Historical valuation trends
Forward multiple: |
Invesco Russell 1000 Low Beta Equal Weight ETF | |||
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™
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MODERN PORTFOLIO THEORY
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CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
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