Affinity World Leaders Equity ETF
ALTAR
Score™
9.7% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
12.7x P/Sales
ratio
0.9x
P/BV
ratio
1.7x Div.
yield
3.4%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Affinity World Leaders Equity ETF is an exchange-traded incorporated in the USA. The fund seeks to track the performance of the Thomson Reuters StarMine Affinity World Leaders Index.

FUND BASICS
Category Global Equities
Fund Sponsor Regents Park Funds
Website regentsparkfunds.com
Inception date Jan 16, 2018
Assets (mns) $11
Currency USD
Expense ratio 47 bp
Distributions Annually

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 139
Wgt avg mkt cap (mns) $54,297
Large cap (>$10bn) 81.6%
Mid cap ($2-10bn) 18.4%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
AT&T INC 2.3 %
VERIZON COMMUNICATIONS INC 2.3 %
INTEL CORP 2.0 %
EBAY INC 1.9 %
CENTURYTEL INC 1.7 %
MICRON TECHNOLOGY INC 1.7 %
ABBVIE INC 1.6 %
ROCHE HOLDING AG-GENUSSCHEIN 1.6 %
HP INC. 1.6 %
ORACLE CORP 1.5 %
Total 18.2 %

TOP COUNTRY EXPOSURE
UNITED STATES 61.1 %
JAPAN 12.7 %
BRITAIN 6.1 %
IRELAND 2.5 %
SWITZERLAND 2.3 %
GERMANY 2.1 %
ITALY 1.8 %
CANADA 1.7 %
AUSTRALIA 1.5 %
HONG KONG 1.4 %

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.
-16.6% -9.6% -- -- -7.9%

Market Correlations
versus... Beta R-squared
S&P500 1.06 86%
MSCI EAFE 1.14 84%
MSCI Emg. Mkts. 0.85 69%

Technical Indicators
Recent close $19.71
30d moving avg. $19.72
Annualized volatility 21.3%
Short interest (ETF) 0.0%
Relative strength (RSI) 56

Liquidity measures
Avg. volume (thou.) 4
Turnover 0.7%
Bid/Ask (% of price) 1.24%
ADV underlying (mns) $43,081

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Affinity World Leaders Equity ETF ETF based on the alternatives' overlap in portfolio holdings with WLDR. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: WLDR Expense: 47 bp ALTAR Score™: 9.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH WLDR
Ticker Fund
Name
Overlap1
vs WLDR
(%)
Expense
ratio
(bp)
Savings
vs WLDR
(bp)
ALTAR
Score™
(%)
ALTAR
vs WLDR
(%)
VLUE iShares Edge MSCI USA Value Factor ETF 25.5 15 32 11.5 +1.8
VALQ American Century STOXX U.S. Quality Value ETF 24.8 29 18 9.2 -0.5
SPVM Invesco S&P 500 Value with Momentum ETF 22.0 39 8 9.2 -0.4
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 21.0 20 27 7.7 -2.0
MGV Vanguard Mega Cap Value ETF 20.8 7 40 7.3 -2.3
DTN WisdomTree U.S. Dividend ex-Financials Fund 20.8 38 9 8.0 -1.7
LRGF iShares Edge MSCI Multifactor USA ETF 20.7 20 27 7.4 -2.3
RAFE PIMCO RAFI ESG U.S. ETF 20.6 29 18 7.9 -1.8
VTV Vanguard Value Index Fund 20.5 4 43 7.5 -2.2
RNDV US Equity Dividend Select ETF 19.7 50 -3 7.7 -2.0
DEW WisdomTree Global High Dividend Fund 19.2 58 -11 9.4 -0.3
STLV iShares Factors US Value Style ETF 19.0 25 22 7.9 -1.8
SPDV AAM S&P 500 High Dividend Value ETF 19.0 29 18 11.0 +1.3
DSTL Distillate US Fundamental Stability & Value ETF 18.9 39 8 6.6 -3.1
REVS Columbia Research Enhanced Value ETF 18.9 19 28 7.8 -1.9
FVL First Trust Value Line 100 Exchange-Traded Fund 18.8 70 -23 5.2 -4.5
DLN WisdomTree U.S. LargeCap Dividend Fund 18.7 28 19 6.4 -3.2
HUSV First Trust Horizon Managed Volatility Domestic ETF 18.7 70 -23 4.8 -4.9
SCHV Schwab U.S. Large-Cap Value ETF 18.7 4 43 7.2 -2.4
COWZ Pacer US Cash Cows 100 ETF 18.7 49 -2 10.9 +1.2
IUS Invesco Strategic US ETF 18.6 19 28 6.7 -3.0
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 18.6 29 18 6.3 -3.4
RWL Invesco S&P 500 Revenue ETF 18.5 39 8 7.3 -2.4
ACWF iShares FactorSelect MSCI Global ETF 18.5 35 12 8.1 -1.6
PWV Invesco Dynamic Large Cap Value ETF 18.4 55 -8 8.9 -0.8
RNLC Large Cap US Equity Select ETF 18.4 60 -13 6.2 -3.4
FVAL Fidelity Value Factor ETF 18.3 29 18 8.1 -1.6
VOOV Vanguard S&P 500 Value ETF 18.2 15 32 7.4 -2.3
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 18.2 75 -28 6.2 -3.5
VYM Vanguard High Dividend Yield Index ETF 18.1 6 41 7.4 -2.2
QDF FlexShares Quality Dividend Index Fund 18.1 37 10 6.2 -3.5
SPYV SPDR Portfolio S&P 500 Value ETF 18.0 4 43 7.5 -2.2
IVE iShares S&P 500 Value ETF 18.0 18 29 7.3 -2.3
ROUS Hartford Multifactor US Equity ETF 17.9 19 28 7.3 -2.4
DTD WisdomTree U.S.Total Dividend Fund 17.9 28 19 6.7 -3.0
DEF Invesco Defensive Equity ETF 17.7 55 -8 5.1 -4.5
FLQL Franklin LibertyQ U.S. Equity ETF 17.7 15 32 6.3 -3.3
DYNF BlackRock U.S. Equity Factor Rotation ETF 17.4 30 17 6.6 -3.1
FNDX Schwab Fundamental U.S. Large Co. Index ETF 17.4 25 22 6.6 -3.1
AFLG First Trust Active Factor Large Cap ETF 17.3 55 -8 5.6 -4.1
EPS WisdomTree U.S. Earnings 500 Fund 17.2 8 39 6.5 -3.1
PRF Invesco FTSE RAFI US 1000 ETF 17.2 39 8 6.9 -2.8
USDY Pacific Global US Equity Income ETF 17.1 29 18 7.3 -2.4
DIVB iShares U.S. Dividend & Buyback ETF 17.1 25 22 6.7 -3.0
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 17.0 17 30 6.6 -3.1
IUSV iShares Core S&P U.S. Value ETF 16.9 4 43 7.6 -2.1
IWX iShares Russell Top 200 Value ETF 16.9 20 27 7.2 -2.4
PFM Invesco Dividend Achievers ETF 16.8 54 -7 5.5 -4.2
RFDA RiverFront Dynamic US Dividend Advantage ETF 16.7 52 -5 5.1 -4.6
SPLV Invesco S&P 500 Low Volatility ETF 16.7 25 22 5.7 -3.9
SDOG ALPS Sector Dividend Dogs ETF 16.7 40 7 10.4 +0.7
JKF iShares Morningstar Large Cap Value ETF 16.7 25 22 7.6 -2.0
EQWL Invesco Russell Top 200 Equal Weight ETF 16.6 25 22 6.2 -3.5
VONV Vanguard Russell 1000 Value Index Fund 16.4 8 39 7.4 -2.3
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 16.4 17 30 6.4 -3.2
ONEO SPDR Russell 1000 Momentum Focus ETF 16.3 20 27 6.5 -3.1
FQAL Fidelity Quality Factor ETF 16.2 29 18 5.5 -4.2
SPYD SPDR S&P 500 High Dividend ETF 16.2 7 40 10.4 +0.7
FNDB Schwab Fundamental U.S. Broad Market Index ETF 16.2 25 22 6.6 -3.1
DVY iShares Select Dividend ETF 16.0 39 8 9.7 +0.1
USMF WisdomTree U.S. Multifactor Fund 16.0 28 19 5.5 -4.2
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 16.0 35 12 6.9 -2.8
JVAL JPMorgan U.S. Value Factor ETF 15.9 12 35 8.8 -0.8
JPUS JPMorgan Diversified Return U.S. Equity ETF 15.8 18 29 6.3 -3.4
OUSA O'Shares FTSE US Quality Dividend ETF 15.8 48 -1 5.7 -3.9
VFMF Vanguard U.S. Multifactor ETF 15.8 19 28 7.3 -2.4
QDEF FlexShares Quality Dividend Defensive Index Fund 15.8 37 10 5.9 -3.7
FDRR Fidelity Dividend ETF for Rising Rates 15.7 29 18 7.0 -2.6
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 15.6 19 28 5.7 -4.0
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 15.6 15 32 6.3 -3.4
SYG SPDR MFS Systematic Growth Equity ETF 15.5 60 -13 4.3 -5.3
GCOW Pacer Global High Dividend ETF 15.4 60 -13 10.4 +0.7
DHS WisdomTree U.S. High Dividend Fund 15.4 38 9 8.7 -1.0
ESGS Columbia Sustainable U.S. Equity Income ETF 15.3 35 12 8.6 -1.1
FTA First Trust Large Cap Value AlphaDEX Fund 15.3 60 -13 9.3 -0.4
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 15.2 15 32 6.9 -2.8
IWD iShares Russell 1000 Value ETF 15.1 19 28 7.2 -2.4
SPYB SPDR S&P 500 Buyback ETF 14.8 0 47 0.0 -9.7
VLU SPDR S&P 1500 Value Tilt ETF 14.8 12 35 7.5 -2.1
CLRG IQ Chaikin U.S. Large Cap ETF 14.7 25 22 6.1 -3.6
LSLT Salt Low truBeta US Market ETF 14.6 29 18 6.1 -3.6
ESG FlexShares STOXX US ESG Impact Index Fund 14.6 32 15 5.1 -4.6
VFVA Vanguard U.S. Value Factor ETF 14.5 14 33 11.7 +2.0
RBUS Nationwide Risk-Based U.S. Equity ETF 14.4 30 17 5.1 -4.6
VUSE Vident Core US Equity Fund 14.2 48 -1 8.4 -1.3
QLC FlexShares US Quality Large Cap Index Fund 14.2 32 15 5.4 -4.3
FEX First Trust Large Cap Core AlphaDEX Fund 14.2 60 -13 6.0 -3.6
QSY WisdomTree U.S. LargeCap Value Fund 14.2 38 9 6.9 -2.8
LSAF LeaderShares AlphaFactor US Core Equity ETF 14.1 75 -28 7.4 -2.3
JQUA JPMorgan U.S. Quality Factor ETF 14.1 12 35 5.3 -4.4
JDIV JPMorgan U.S. Dividend ETF 14.1 12 35 7.9 -1.8
NULV Nuveen ESG Large-Cap Value ETF 14.0 35 12 7.4 -2.3
SYE SPDR MFS Systematic Core Equity ETF 14.0 60 -13 5.7 -4.0
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 14.0 60 -13 6.3 -3.4
MIDF iShares Edge MSCI Multifactor USA Mid-Cap ETF 14.0 25 22 7.9 -1.8
RECS Columbia Research Enhanced Core ETF 14.0 15 32 5.7 -4.0
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 13.9 9 38 5.6 -4.1
SCIU Global X Scientific Beta US ETF 13.8 19 28 5.8 -3.8
XRLV Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF 13.8 25 22 6.0 -3.7
JKI iShares Morningstar Mid-Cap Value ETF 13.7 30 17 9.3 -0.4

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:
Affinity World Leaders Equity 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 16.4 %
Divided by: Fwd. P/BV 1.6 x
Less: Expense ratio 47 bp
Equals: ALTAR Score 9.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.52 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.