Virtus WMC Global Factor Opportunities ETF
ALTAR
Score™
6.0% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
20.3x P/Sales
ratio
1.1x
P/BV
ratio
2.1x Div.
yield
1.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Fund invests primarily in equity securities of U.S. and foreign issuers, including emerging markets issuers, of any market capitalization.

FUND BASICS
Category Global Equities
Fund Sponsor Virtus
Website www.virtus.com
Inception date Oct 10, 2017
Assets (mns) $5
Currency USD
Expense ratio 49 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 251
Wgt avg mkt cap (mns) $162,770
Large cap (>$10bn) 89.8%
Mid cap ($2-10bn) 10.0%
Small cap (<$2bn) 0.2%
Developed mkts 89.6%
Emerging mkts 10.4%

TOP TEN HOLDINGS
FACEBOOK 2.5 %
AMAZON.COM INC 2.5 %
ALPHABET INC. CLASS A 1.7 %
ADOBE SYSTEMS INC 1.5 %
BRISTOL-MYERS SQUIBB CO 1.3 %
VISA INC-CLASS A SHARES 1.2 %
UNITEDHEALTH GROUP INC 1.2 %
NVIDIA CORP 1.2 %
MASTERCARD INC-CLASS A 1.1 %
NETFLIX INC 1.1 %
Total 15.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 55.4 %
JAPAN 6.9 %
CHINA 4.9 %
SWITZERLAND 3.5 %
GERMANY 3.4 %
NETHERLANDS 2.9 %
CANADA 2.7 %
BRITAIN 2.6 %
TAIWAN 2.5 %
FRANCE 2.5 %

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.
-8.0% -2.0% -- -- 2.5%

Market Correlations
versus... Beta R-squared
S&P500 0.97 96%
MSCI EAFE 1.04 93%
MSCI Emg. Mkts. 0.77 79%

Technical Indicators
Recent close $25.49
30d moving avg. $25.10
Annualized volatility 17.9%
Short interest (ETF) 0.0%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.20%
ADV underlying (mns) $135,729

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Virtus WMC Global Factor Opportunities ETF ETF based on the alternatives' overlap in portfolio holdings with VGFO. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: VGFO Expense: 49 bp ALTAR Score™: 6.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH VGFO
Ticker Fund
Name
Overlap1
vs VGFO
(%)
Expense
ratio
(bp)
Savings
vs VGFO
(bp)
ALTAR
Score™
(%)
ALTAR
vs VGFO
(%)
KOKU Xtrackers MSCI Kokusai Equity ETF 33.5 9 40 5.8 -0.2
TOK iShares MSCI Kokusai ETF 33.2 25 24 5.6 -0.4
URTH iShares MSCI World ETF 32.7 24 25 5.7 -0.3
PBP Invesco S&P 500 BuyWrite ETF 30.8 49 0 5.0 -0.9
SPY SPDR S&P 500 ETF Trust 30.6 9 40 5.4 -0.6
IVV iShares Core S&P 500 ETF 30.5 4 45 5.5 -0.5
BKLC BNY Mellon US Large Cap Core Equity ETF 30.5 0 49 5.3 -0.7
SPLG SPDR Portfolio Large Cap ETF 30.5 3 46 5.5 -0.5
MMTM SPDR S&P 1500 Momentum Tilt ETF 30.5 12 37 5.0 -1.0
MGC Vanguard Mega Cap Index Fund 30.5 7 42 5.3 -0.7
VOO VANGUARD S&P 500 ETF 30.5 3 46 5.5 -0.5
HSPX Global X S&P 500 Covered Call ETF 30.4 65 -16 4.9 -1.1
ACWI iShares MSCI ACWI ETF 30.2 32 17 5.9 -0.1
VV Vanguard Large-Cap Index Fund 30.2 4 45 5.3 -0.7
BBUS JP Morgan Betabuilders U.S. Equity ETF 30.2 2 47 5.4 -0.6
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 30.1 7 42 5.3 -0.7
PBUS Invesco PureBeta MSCI USA ETF 30.1 4 45 5.3 -0.7
IWL iShares Russell Top 200 ETF 29.8 15 34 5.1 -0.9
SPXN ProShares S&P 500 Ex-Financials ETF 29.8 27 22 5.0 -1.0
SCHX Schwab U.S. Large-Cap ETF 29.7 3 46 5.3 -0.6
SPXE ProShares S&P 500 Ex-Energy ETF 29.7 27 22 5.4 -0.6
LOWC SPDR MSCI ACWI Low Carbon Target ETF 29.6 20 29 6.1 +0.2
CRBN iShares MSCI ACWI Low Carbon Target ETF 29.6 20 29 6.2 +0.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 29.6 20 29 5.4 -0.6
SFY SoFi Select 500 ETF 29.5 0 49 5.3 -0.7
IWB iShares Russell 1000 ETF 29.2 15 34 5.2 -0.8
ESGG FlexShares STOXX Global ESG Impact Index Fund 29.2 42 7 5.5 -0.5
QWLD SPDR MSCI World StrategicFactors ETF 29.2 30 19 6.2 +0.2
VONE Vanguard Russell 1000 ETF 29.2 8 41 5.3 -0.7
SCHK Schwab 1000 Index ETF 29.2 5 44 5.3 -0.7
ESGU iShares MSCI USA ESG Optimized ETF 29.2 15 34 5.2 -0.8
SPTM SPDR Portfolio Total Stock Market ETF 29.1 3 46 5.6 -0.4
IYY iShares Dow Jones U.S. ETF 29.0 20 29 5.2 -0.8
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 28.9 9 40 5.6 -0.4
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 28.2 20 29 5.0 -1.0
SCHB Schwab U.S. Broad Market ETF 28.2 3 46 5.3 -0.7
IWV iShares Russell 3000 ETF 28.2 20 29 5.1 -0.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 28.2 3 46 5.2 -0.8
VTHR Vanguard Russell 3000 Index Fund 28.2 10 39 5.2 -0.8
VTI Vanguard Total Stock Market Index Fund 28.1 3 46 5.2 -0.8
IWF iShares Russell 1000 Growth ETF 28.0 19 30 4.2 -1.8
SCHG Schwab U.S. Large-Cap Growth ETF 28.0 4 45 4.2 -1.8
SPYG SPDR Portfolio S&P 500 Growth ETF 27.9 4 45 4.4 -1.6
VONG Vanguard Russell 1000 Growth Index Fund 27.9 8 41 4.3 -1.7
IVW iShares S&P 500 Growth ETF 27.9 18 31 4.2 -1.8
VOOG Vanguard S&P 500 Growth ETF 27.9 10 39 4.3 -1.7
SNPE Xtrackers S&P 500 ESG ETF 27.6 11 38 5.2 -0.8
VT Vanguard Total World Stock Index Fund 27.6 8 41 6.2 +0.3
ESGV Vanguard ESG U.S. Stock ETF 27.5 12 37 5.2 -0.8
JHML John Hancock Multifactor Large Cap ETF 27.5 29 20 5.6 -0.4
QUS SPDR MSCI USA StrategicFactors ETF 27.5 15 34 5.9 -0.1
IUSG iShares Core S&P US Growth ETF 27.4 4 45 4.4 -1.6
SPXV ProShares S&P 500 Ex-Health Care ETF 27.2 27 22 5.1 -0.9
FDMO Fidelity Momentum Factor ETF 27.2 29 20 3.9 -2.1
VUG Vanguard Growth Index Fund 27.1 4 45 4.1 -1.9
CATH Global X S&P 500 Catholic Values Custom ETF 26.9 29 20 5.3 -0.7
DYNF BlackRock U.S. Equity Factor Rotation ETF 26.9 30 19 6.6 +0.6
XOUT GraniteShares XOUT U.S. Large Cap ETF 26.7 60 -11 4.4 -1.5
VEGN US Vegan Climate ETF 26.0 60 -11 5.2 -0.8
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 26.0 75 -26 3.8 -2.2
IWY iShares Russell Top 200 Growth ETF 26.0 20 29 4.2 -1.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 25.9 9 40 6.0 +0.0
MGK Vanguard Mega Cap Growth ETF 25.9 7 42 4.2 -1.8
AVUS Avantis U.S. Equity ETF 25.8 15 34 5.8 -0.2
HIPR Direxion High Growth ETF 25.6 40 9 2.9 -3.1
EPS WisdomTree U.S. Earnings 500 Fund 25.5 8 41 6.5 +0.6
JMOM JPMorgan U.S. Momentum Factor ETF 25.4 12 37 3.9 -2.1
OEF iShares S&P 100 ETF 25.2 20 29 4.8 -1.2
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 25.1 15 34 6.3 +0.3
EXT WisdomTree U.S. Total Earnings Fund 24.6 28 21 5.3 -0.7
FTC First Trust Large Cap Growth AlphaDEX Fund 24.6 61 -12 2.9 -3.1
SPXT ProShares S&P 500 Ex-Technology ETF 24.5 27 22 5.7 -0.3
JQUA JPMorgan U.S. Quality Factor ETF 24.1 12 37 5.3 -0.7
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 24.1 25 24 6.7 +0.7
XLG Invesco S&P 500 Top 50 ETF 24.0 20 29 4.5 -1.5
IETC iShares Evolved U.S. Technology ETF 24.0 18 31 3.8 -2.2
MTUM iShares Edge MSCI USA Momentum Factor ETF 23.9 15 34 4.2 -1.8
IGM iShares Expanded Tech Sector ETF 23.8 46 3 3.8 -2.2
DSI iShares MSCI KLD 400 Social ETF 23.6 25 24 5.2 -0.8
AIEQ AI Powered Equity ETF 23.4 87 -38 3.7 -2.3
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF 23.4 49 0 5.2 -0.8
FQAL Fidelity Quality Factor ETF 23.3 29 20 5.5 -0.5
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 23.3 17 32 6.6 +0.6
AFLG First Trust Active Factor Large Cap ETF 23.2 55 -6 5.6 -0.4
TTAC TrimTabs All Cap U.S. Free-Cash-Flow ETF 23.2 59 -10 3.7 -2.3
RPG Invesco S&P 500 Pure Growth ETF 23.1 35 14 4.4 -1.6
IQSU IQ Candriam ESG US Equity ETF 23.0 9 40 5.1 -0.9
ESG FlexShares STOXX US ESG Impact Index Fund 22.7 32 17 5.1 -0.9
RWL Invesco S&P 500 Revenue ETF 22.4 39 10 7.3 +1.3
USMV iShares Edge MSCI Min Vol USA ETF 22.2 15 34 5.5 -0.5
ADME Aptus Drawdown Managed Equity ETF 21.9 81 -32 3.6 -2.4
TMFC Motley Fool 100 Index ETF 21.7 50 -1 3.8 -2.2
XT iShares Exponential Technologies ETF 21.7 47 2 5.1 -0.9
KRMA Global X Conscious Companies ETF 21.6 43 6 5.3 -0.7
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 21.6 10 39 5.3 -0.7
GVIP Goldman Sachs Hedge Industry VIP ETF 21.6 45 4 4.7 -1.3
PSET Principal Price Setters Index ETF 21.6 29 20 4.6 -1.4
QYLD Global X NASDAQ 100 Covered Call ETF 21.6 60 -11 3.5 -2.5
SUSL iShares ESG MSCI USA Leaders ETF 21.5 10 39 5.3 -0.7
NUSI Nationwide Risk-Managed Income ETF 21.5 68 -19 3.5 -2.5

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:
Virtus WMC Global Factor Opportunities 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 13.0 %
Divided by: Fwd. P/BV 2.0 x
Less: Expense ratio 49 bp
Equals: ALTAR Score 6.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.47 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.