Invesco S&P SmallCap High Dividend Low Volatility ETF
ALTAR
Score™		 10.0% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 15.5x P/Sales
ratio		 0.7x
P/BV
ratio		 1.1x Div.
yield		 7.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Invesco S&P SmallCap High Dividend Low Volatility ETF tracks a dividend-yield-weighted index of the 60 least volatile stocks chosen from a list of the 90 highest-yielding US small-cap stocks.

FUND BASICS
Category US Equities
Fund Sponsor Invesco
Website www.invesco.com
Inception date Dec 01, 2016
Assets (mns) $54
Currency USD
Expense ratio 30 bp
Distributions Monthly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 51
Wgt avg mkt cap (mns) $1,751
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 43.6%
Small cap (<$2bn) 56.4%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
NEW YORK MORTGAGE TRUST INC 10.2 %
CAPITAL TRUST-CL A 3.5 %
KENNEDY-WILSON HOLDINGS INC 3.4 %
KKR REAL ESTATE FINANCE TRUST INC. 3.4 %
ELLINGTON FINANCIAL LLC 3.3 %
COGENT COMMUNICATIONS HOLDINGS INC 3.2 %
HIGHWOODS PROPERTIES INC 3.1 %
APOLLO COMMERCIAL REAL ESTAT 2.9 %
EASTERLY GOVERNMENT PROPERTIES, IN 2.9 %
GLOBAL NET LEASE INC 2.9 %
Total 38.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 88.0 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-5.5% 13.7% -3.7% -- -1.4%

Market Correlations
versus... Beta R-squared
S&P500 1.06 58%
MSCI EAFE 1.08 62%
MSCI Emg. Mkts. 0.76 30%

Technical Indicators
Recent close $15.11
30d moving avg. $15.05
Annualized volatility 24.1%
Short interest (ETF) 2.5%
Short interest (Underlying) 5.5%
Relative strength (RSI) 45

Liquidity measures
Avg. volume (thou.) 56
Turnover 1.6%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $819

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 433 potential alternatives to the Invesco S&P SmallCap High Dividend Low Volatility ETF ETF based on the alternatives' overlap in portfolio holdings with XSHD. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: XSHD Expense: 30 bp ALTAR Score™: 10.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH XSHD
Ticker Fund
Name		 Overlap1
vs XSHD
(%)		 Expense
ratio
(bp)		 Savings
vs XSHD
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs XSHD
(%)
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 22.6 35 -5 5.2 -4.8
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 20.2 29 1 0.0 -10.0
XSLV Invesco S&P SmallCap Low Volatility ETF 15.7 25 5 6.8 -3.2
SMDV ProShares Russell 2000 Dividend Growers ETF 15.6 40 -10 6.4 -3.6
MORT VanEck Mortgage REIT Income ETF 13.7 43 -13 12.7 +2.8
REM iShares Mortgage Real Estate ETF 13.0 48 -18 14.0 +4.0
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 13.0 38 -8 4.9 -5.1
RNSC Furst Trust Small Cap US Equity Select ETF 12.8 60 -30 6.8 -3.1
PEY Invesco High Yield Equity Dividend Achievers ETF 12.4 52 -22 10.1 +0.1
KBWD Invesco KBW High Dividend Yield Financial ETF 11.8 384 -354 9.3 -0.7
DES WisdomTree U.S. SmallCap Dividend Fund 10.6 38 -8 6.8 -3.2
DIV Global X SuperDividend US ETF 10.0 45 -15 7.9 -2.1
SIXS ETC 6 Meridian Small Cap Equity ETF 9.8 89 -59 8.2 -1.8
SSLY Syntax Stratified SmallCap ETF 9.6 40 -10 7.4 -2.6
IJS iShares S&P Small-Cap 600 Value ETF 9.5 18 12 7.4 -2.6
VIOV Vanguard S&P Small-Cap 600 Value ETF 9.4 15 15 7.4 -2.6
RIET Hoya Capital High Dividend Yield ETF 9.2 50 -20 12.3 +2.3
SLYV SPDR S&P 600 Small Cap Value ETF 9.2 15 15 7.4 -2.5
KBWY Invesco KBW Premium Yield Equity REIT ETF 8.8 35 -5 16.8 +6.8
ROSC Hartford Multifactor Small Cap ETF 8.8 34 -4 8.6 -1.4
RWJ Invesco S&P SmallCap 600 Revenue ETF 8.5 39 -9 7.5 -2.4
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 8.3 15 15 7.5 -2.5
FLQS Franklin U.S. Small Cap Multifactor Index ETF 8.2 35 -5 6.6 -3.4
SRET Global X SuperDividend REIT ETF 8.0 59 -29 9.7 -0.3
XJR iShares ESG Screened S&P Small-Cap ETF 7.8 12 18 7.0 -3.0
IJR iShares Core S&P Small Cap ETF 7.8 6 24 6.6 -3.3
VIOO Vanguard S&P Small-Cap 600 ETF 7.5 10 20 6.6 -3.4
FYT First Trust Small Cap Value AlphaDEX Fund 7.5 73 -43 7.8 -2.2
SPSM SPDR Portfolio S&P 600 Small Cap ETF 7.5 3 27 6.7 -3.3
SIXL ETC 6 Meridian Low Beta Equity ETF 7.4 80 -50 4.2 -5.7
IFRA iShares U.S. Infrastructure ETF 7.3 30 0 5.9 -4.0
ESIX SPDR S&P SmallCap 600 ESG ETF 7.2 12 18 7.4 -2.5
TMDV ProShares Russell US Dividend Growers ETF 7.2 35 -5 5.9 -4.1
RZV Invesco S&P Smallcap 600 Pure Value ETF 6.8 35 -5 8.1 -1.9
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 6.8 29 1 6.5 -3.4
GRPZ Invesco S&P SmallCap 600 GARP ETF 6.8 35 -5 9.8 -0.2
TPSC Timothy Plan US Small Cap Core ETF 6.3 52 -22 6.5 -3.5
FYX First Trust Small Cap Core AlphaDEX Fund 6.3 61 -31 4.6 -5.4
CSA VictoryShares US Small Cap Volatility Wtd ETF 6.0 35 -5 6.2 -3.8
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 6.0 42 -12 6.1 -3.9
IJT iShares S&P Small-Cap 600 Growth ETF 5.9 18 12 5.8 -4.2
XSVM Invesco S&P SmallCap Value with Momentum ETF 5.8 36 -6 11.1 +1.1
VIOG Vanguard S&P Small-Cap 600 Growth ETF 5.6 15 15 5.8 -4.2
PSCI Invesco S&P SmallCap Industrials ETF 5.6 29 1 5.2 -4.8
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 5.6 48 -18 5.2 -4.8
AVSC Avantis U.S Small Cap Equity ETF 5.6 25 5 4.7 -5.3
SLYG SPDR S&P 600 Small Cap Growth ETF 5.6 15 15 5.8 -4.2
SDIV Global X Superdividend ETF 5.5 58 -28 14.9 +4.9
DESK VanEck Office and Commercial REIT ETF 5.3 50 -20 9.7 -0.2
EES WisdomTree U.S. SmallCap Fund 5.3 38 -8 9.1 -0.9
FVD First Trust Value Line Dividend Index Fund 5.3 65 -35 6.3 -3.7
FYC First Trust Small Cap Growth AlphaDEX Fund 5.2 71 -41 -0.5 -10.4
PPTY US Diversified Real Estate ETF 5.1 53 -23 5.6 -4.4
CALF Pacer US Small Cap Cash Cows 100 ETF 5.0 59 -29 5.1 -4.9
VRAI Virtus Real Asset Income ETF 4.8 55 -25 8.0 -2.0
SMCP AlphaMark Actively Managed Small Cap ETF 4.7 90 -60 3.9 -6.1
ISMD Inspire Small/Mid Cap ETF 4.7 54 -24 5.3 -4.7
RZG Invesco S&P Smallcap 600 Pure Growth ETF 4.7 35 -5 5.9 -4.1
PSCM Invesco S&P SmallCap Materials ETF 4.7 29 1 8.0 -2.0
RFDA RiverFront Dynamic US Dividend Advantage ETF 4.7 52 -22 5.3 -4.7
FESM Fidelity Enhanced Small Cap ETF 4.5 28 2 1.7 -8.3
ERNZ TrueShares Active Yield ETF 4.4 75 -45 10.9 +0.9
XSMO Invesco S&P SmallCap Momentum ETF 4.4 39 -9 6.8 -3.2
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 4.4 35 -5 4.6 -5.4
AFSM First Trust Active Factor Small Cap ETF 4.4 75 -45 6.3 -3.7
RDOG ALPS REIT Dividend Dogs ETF 4.3 35 -5 16.8 +6.9
FNDA Schwab Fundamental US Small Co. Index ETF 4.3 25 5 6.0 -4.0
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 4.3 39 -9 4.1 -5.9
DSMC Distillate Small/Mid Cash Flow ETF 4.2 55 -25 12.2 +2.3
CVAR Cultivar ETF 4.1 87 -57 6.7 -3.3
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 4.0 9 21 3.3 -6.6
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 4.0 59 -29 3.9 -6.1
XHS SPDR S&P Health Care Services ETF 4.0 35 -5 6.3 -3.7
IWN iShares Russell 2000 Value ETF 3.9 24 6 4.8 -5.2
VTWV Vanguard Russell 2000 Value ETF 3.9 15 15 4.9 -5.1
AVUV Avantis U.S. Small Cap Value ETF 3.9 25 5 8.8 -1.1
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 3.8 80 -50 5.8 -4.1
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 3.8 20 10 4.0 -6.0
PBJ Invesco Food & Beverage ETF 3.8 57 -27 6.2 -3.8
PXE Invesco Energy Exploration & Production ETF 3.8 60 -30 12.0 +2.0
PSCF Invesco S&P SmallCap Financials ETF 3.8 29 1 8.5 -1.5
FIW First Trust Water ETF 3.7 53 -23 4.5 -5.4
USVM VictoryShares US Small Mid Cap Value Momentum ETF 3.7 25 5 7.2 -2.7
SFLO VictoryShares Small Cap Free Cash Flow ETF 3.6 49 -19 10.2 +0.2
WDIV SPDR S&P Global Dividend ETF 3.6 40 -10 9.4 -0.6
CGW Invesco S&P Global Water Index ETF 3.5 57 -27 4.4 -5.6
PSCH Invesco S&P SmallCap Health Care ETF 3.4 29 1 4.0 -6.0
ETHO Etho Climate Leadership U.S. ETF 3.4 47 -17 3.4 -6.5
ISCV iShares Morningstar Small Cap Value ETF 3.4 6 24 7.2 -2.8
SVAL iShares US Small Cap Value Factor ETF 3.4 20 10 9.8 -0.2
BSVO EA Bridgeway Omni Small-Cap Value ETF 3.3 47 -17 8.0 -2.0
AQWA Global X Clean Water ETF 3.3 50 -20 4.2 -5.8
BKSE BNY Mellon US Small Cap Core Equity ETF 3.2 4 26 4.8 -5.2
NIXT Research Affiliates Deletions ETF 3.2 9 21 5.2 -4.7
XTL SPDR S&P Telecom ETF 3.2 35 -5 3.9 -6.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 3.1 20 10 4.6 -5.4
IWM iShares Russell 2000 ETF 3.1 19 11 2.8 -7.2
FDIV MarketDesk Focused U.S. Dividend ETF 3.1 35 -5 5.1 -4.9
NUSC Nuveen ESG Small-Cap ETF 3.1 31 -1 5.0 -5.0
RSSL Global X Russell 2000 ETF 3.0 8 22 2.6 -7.4
EATV VegTech Plant-based Innovation & Climate ETF 3.0 75 -45 2.1 -7.8
VTWO Vanguard Russell 2000 ETF 3.0 10 20 2.9 -7.1
PXI Invesco Dorsey Wright Energy Momentum ETF 3.0 60 -30 5.8 -4.1
WCEO Hypatia Women CEO ETF 2.9 85 -55 4.2 -5.8
NETL NETLease Corporate Real Estate ETF 2.9 60 -30 8.5 -1.5
STXK Strive Small-Cap ETF 2.8 18 12 5.0 -5.0
XOP SPDR S&P Oil & Gas Exploration & Production ETF 2.8 35 -5 9.1 -0.9
ACTV LeaderShares Activist Leaders ETF 2.8 75 -45 6.7 -3.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 2.7 39 -9 5.8 -4.2
CCNR ALPS CoreCommodity Natural Resources ETF 2.7 39 -9 11.0 +1.1
TOKE Cambria Cannabis ETF 2.6 42 -12 1.8 -8.2
TPYP Tortoise North American Pipeline Fund 2.6 40 -10 4.2 -5.7
ACES ALPS Clean Energy ETF 2.6 55 -25 -4.4 -14.4
TAN Invesco Solar ETF 2.6 67 -37 10.4 +0.5
PHO Invesco Water Resources ETF 2.6 60 -30 4.4 -5.6
ESML iShares ESG Aware MSCI USA Small-Cap ETF 2.6 17 13 4.7 -5.3
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 2.5 12 18 7.2 -2.8
SCAP InfraCap Small Cap Income ETF 2.5 135 -105 8.5 -1.5
OSCV Opus Small Cap Value ETF 2.5 79 -49 5.7 -4.3
VAMO Cambria Value & Momentum ETF 2.5 61 -31 8.2 -1.8
PRAY FIS Christian Stock Fund 2.5 69 -39 5.9 -4.1
DFAS Dimensional U.S. Small Cap ETF 2.5 26 4 5.5 -4.5
SCHA Schwab U.S. Small-Cap ETF 2.5 4 26 4.4 -5.5
EFRA iShares Environmental Infrastructure and Industrials ETF 2.4 47 -17 4.9 -5.1
FDM First Trust Dow Jones Select MicroCap Index Fund 2.4 60 -30 6.8 -3.1
PSL Invesco Dorsey Wright Consumer Staples Momentum ETF 2.4 60 -30 5.0 -5.0
PSC Principal U.S. Small-Cap ETF 2.3 38 -8 5.9 -4.1
DFAT Dimensional U.S. Targeted Value ETF 2.3 28 2 7.8 -2.2
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 2.3 60 -30 9.0 -1.0
SURE AdvisorShares Insiders Advantage ETF 2.3 90 -60 9.3 -0.7
FTRI First Trust Indxx Global Natural Resources Income ETF 2.3 70 -40 9.8 -0.2
FSMD Fidelity Small-Mid Multifactor ETF 2.2 15 15 6.8 -3.2
FXU First Trust Utilities AlphaDEX Fund 2.2 64 -34 5.5 -4.5
AFMC First Trust Active Factor Mid Cap ETF 2.2 65 -35 6.9 -3.1
ISCB iShares Morningstar Small-Cap ETF 2.2 4 26 4.8 -5.2
IWO iShares Russell 2000 Growth ETF 2.2 24 6 0.6 -9.4
VTWG Vanguard Russell 2000 Growth ETF 2.2 15 15 0.7 -9.3
XSHQ Invesco S&P SmallCap Quality ETF 2.2 29 1 8.3 -1.6
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 2.1 69 -39 8.1 -1.9
DFSV Dimensional US Small Cap Value ETF 2.1 31 -1 8.3 -1.7
VBR Vanguard Small Cap Value ETF 2.1 7 23 7.8 -2.1
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 2.0 55 -25 4.3 -5.7
DHS WisdomTree U.S. High Dividend Fund 2.0 38 -8 7.6 -2.4
SQLV Royce Quant Small-Cap Quality Value ETF 2.0 60 -30 7.1 -2.8
DEEP Roundhill Acquirers Deep Value ETF 1.9 80 -50 21.0 +11.0
FUTY Fidelity MSCI Utilities Index ETF 1.9 8 22 5.4 -4.6
FDHT Fidelity Digital Health ETF 1.9 39 -9 -2.3 -12.3
FXH First Trust Health Care AlphaDEX Fund 1.9 62 -32 6.3 -3.7
FRNW Fidelity Clean Energy ETF 1.9 39 -9 2.6 -7.4
RNRG Global X Renewable Energy Producers ETF 1.9 66 -36 5.5 -4.5
FAB First Trust Multi Cap Value AlphaDEX Fund 1.9 67 -37 8.6 -1.4
JSML Janus Henderson Small Cap Growth Alpha ETF 1.9 30 0 6.5 -3.5
VCLN Virtus Duff & Phelps Clean Energy ETF 1.8 59 -29 3.9 -6.1
CVY Invesco Zacks Multi-Asset Income ETF 1.8 106 -76 9.8 -0.2
VPU Vanguard Utilities ETF 1.8 10 20 5.4 -4.6
CGV Conductor Global Equity Value ETF 1.8 130 -100 10.9 +0.9
FTXN First Trust Nasdaq Oil & Gas ETF 1.7 60 -30 7.8 -2.2
ICAP InfraCap Equity Income Fund ETF 1.7 171 -141 6.0 -4.0
FCG First Trust Natural Gas ETF 1.7 60 -30 11.8 +1.9
TMFS Motley Fool Small-Cap Growth ETF 1.7 85 -55 2.6 -7.4
AZTD Aztlan Global Stock Selection DM SMID ETF 1.7 75 -45 7.8 -2.2
EZM WisdomTree U.S. MidCap Fund 1.7 38 -8 7.4 -2.6
VFQY Vanguard U.S. Quality Factor ETF 1.6 13 17 7.5 -2.5
KEAT Keating Active ETF 1.6 85 -55 0.0 -10.0
ZIG Acquirers Fund 1.6 84 -54 13.1 +3.1
ECML Euclidean Fundamental Value ETF 1.6 95 -65 12.2 +2.3
REAI Intelligent Real Estate ETF 1.5 59 -29 12.8 +2.8
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 1.5 60 -30 5.5 -4.4
SYLD Cambria Shareholder Yield ETF 1.5 59 -29 10.9 +0.9
SMLF iShares U.S. SmallCap Equity Factor ETF 1.5 15 15 4.6 -5.3
VFMV Vanguard U.S. Minimum Volatility ETF 1.5 13 17 5.0 -5.0
SMCF Themes US Small Cap Cash Flow Champions ETF 1.5 29 1 10.2 +0.2
WBIY WBI Power Factor High Dividend ETF 1.5 100 -70 11.2 +1.2
VB Vanguard Small-Cap ETF 1.4 5 25 4.9 -5.0
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 1.4 49 -19 4.4 -5.6
GDIV Harbor Dividend Growth Leaders ETF 1.4 50 -20 5.8 -4.2
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 1.4 56 -26 5.9 -4.1
VFMF Vanguard U.S. Multifactor ETF 1.4 18 12 8.5 -1.5
VXF Vanguard Extended Market ETF 1.4 6 24 3.5 -6.5
UDI USCF Dividend Income Fund 1.4 65 -35 7.3 -2.7
XRT SPDR S&P Retail ETF 1.3 35 -5 10.5 +0.5
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 1.3 29 1 10.7 +0.7
TDV ProShares S&P Technology Dividend Aristocrats ETF 1.3 45 -15 5.6 -4.3
SIXG Defiance Connective Technologies ETF 1.3 30 0 5.1 -4.8
EINC VanEck Energy Income ETF 1.3 48 -18 3.6 -6.4
MLPX Global X MLP & Energy Infrastructure ETF 1.3 45 -15 3.8 -6.2
PXJ Invesco Oil & Gas Services ETF 1.3 63 -33 0.9 -9.1
IEZ iShares U.S. Oil Equipment & Services ETF 1.3 40 -10 1.9 -8.1
XES SPDR S&P Oil & Gas Equipment & Services ETF 1.3 35 -5 -0.4 -10.3
USAI Pacer American Energy Independence ETF 1.3 75 -45 3.0 -7.0
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.3 58 -28 -3.0 -13.0
DIVY Sound Equity Dividend Income ETF 1.3 45 -15 10.6 +0.7
HAPY Harbor Human Capital Factor Unconstrained ETF 1.3 50 -20 4.4 -5.5
QDF FlexShares Quality Dividend Index Fund 1.3 37 -7 4.2 -5.8
BLDG Cambria Global Real Estate ETF 1.2 60 -30 14.3 +4.3
RNEW VanEck Green Infrastructure ETF 1.2 45 -15 -1.5 -11.4
EIPX FT Energy Income Partners Strategy ETF 1.2 95 -65 6.0 -3.9
HAPS Harbor Human Capital Factor US Small Cap ETF 1.2 60 -30 2.4 -7.6
IPDP Dividend Performers ETF 1.2 122 -92 5.2 -4.8
ICLN iShares Global Clean Energy ETF 1.2 41 -11 6.0 -4.0
CRED Columbia Research Enhanced Real Estate ETF 1.2 33 -3 7.0 -3.0
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.2 24 6 7.0 -3.0
IWC iShares Micro-Cap ETF 1.2 60 -30 -4.9 -14.9
VFVA Vanguard U.S. Value Factor ETF 1.2 13 17 10.0 +0.0
VEGI iShares MSCI Agriculture Producers ETF 1.1 39 -9 9.2 -0.8
SLX VanEck Steel ETF 1.1 56 -26 21.4 +11.4
FIVG Defiance Next Gen Connectivity ETF 1.1 30 0 5.8 -4.1
FNK First Trust Mid Cap Value AlphaDEX Fund 1.1 70 -40 10.0 +0.1
NUMV Nuveen ESG Mid-Cap Value ETF 1.1 31 -1 6.6 -3.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.1 64 -34 1.8 -8.2
FSCS First Trust SMID Capital Strength ETF 1.1 60 -30 5.8 -4.1
IEO iShares U.S. Oil & Gas Exploration & Production ETF 1.1 40 -10 8.4 -1.6
BFOR ALPS Barron's 400 ETF 1.0 65 -35 5.6 -4.4
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.0 7 23 5.3 -4.7
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.0 56 -26 13.5 +3.5
ABCS Alpha Blue Capital US Small-Mid Cap Dynamic ETF 1.0 27 3 0.0 -10.0
ISCG iShares Morningstar Small-Cap Growth ETF 1.0 6 24 2.3 -7.7
FAN First Trust Global Wind Energy ETF 1.0 60 -30 5.5 -4.4
VFMO Vanguard U.S. Momentum Factor ETF 1.0 13 17 2.1 -7.9
XME SPDR S&P Metals & Mining ETF 1.0 35 -5 8.3 -1.7
GVLU Gotham 1000 Value ETF 1.0 50 -20 7.4 -2.5
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.9 61 -31 6.0 -3.9
RNMC First Trust Mid Cap US Equity Select ETF 0.9 60 -30 6.3 -3.7
VDC Vanguard Consumer Staples ETF 0.9 10 20 5.9 -4.1
FSTA FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF 0.9 8 22 6.0 -4.0
JHSC John Hancock Multifactor Small Cap ETF 0.9 42 -12 6.6 -3.4
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.9 50 -20 5.7 -4.2
SMOT VanEck Morningstar SMID Moat ETF 0.9 49 -19 5.8 -4.1
CUT Invesco MSCI Global Timber ETF 0.9 61 -31 8.4 -1.6
BLCV iShares Large Cap Value Active ETF 0.9 53 -23 8.1 -1.8
IVEG iShares Emergent Food and AgTech Multisector ETF 0.9 47 -17 8.0 -2.0
HKND Humankind US Stock ETF 0.8 11 19 7.1 -2.8
CGDG Capital Group Dividend Growers ETF 0.8 47 -17 6.6 -3.4
DON WisdomTree U.S. MidCap Dividend Fund 0.8 38 -8 7.7 -2.2
EMLP First Trust North American Energy Infrastructure Fund 0.8 95 -65 4.5 -5.5
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.8 27 3 7.1 -2.9
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 0.8 60 -30 5.2 -4.8
SDY SPDR S&P Dividend ETF 0.8 35 -5 5.9 -4.1
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.8 46 -16 4.9 -5.1
FMAT Fidelity MSCI Materials Index ETF 0.7 8 22 6.4 -3.6
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -59 4.9 -5.1
COWZ Pacer US Cash Cows 100 ETF 0.7 49 -19 9.9 -0.0
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.7 60 -30 6.4 -3.6
VAW Vanguard Materials ETF 0.7 10 20 6.3 -3.7
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.7 15 15 6.9 -3.0
HLGE Hartford Longevity Economy ETF 0.7 44 -14 6.0 -4.0
FCOM Fidelity MSCI Communication Services Index ETF 0.7 8 22 4.5 -5.5
FTXG First Trust Nasdaq Food & Beverage ETF 0.7 60 -30 6.8 -3.2
SEIQ SEI Enhanced U.S. Large Cap Quality Factor ETF 0.7 15 15 7.3 -2.6
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.7 24 6 7.3 -2.6
IHF iShares U.S. Healthcare Providers ETF 0.7 40 -10 6.6 -3.4
VOX Vanguard Communication Services ETF 0.7 10 20 4.4 -5.6
ONEY SPDR Russell 1000 Yield Focus ETF 0.7 20 10 9.3 -0.7
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.7 30 0 7.9 -2.0
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.6 25 5 5.2 -4.7
FNX First Trust Mid Cap Core AlphaDEX Fund 0.6 60 -30 6.8 -3.2
VBK Vanguard Small-Cap Growth ETF 0.6 7 23 1.1 -8.9
IQRA IQ CBRE Real Assets ETF 0.6 65 -35 5.2 -4.8
ANEW ProShares MSCI Transformational Changes ETF 0.6 45 -15 3.6 -6.4
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 0.6 11 19 6.3 -3.7
RWR SPDR Dow Jones REIT ETF 0.6 25 5 6.1 -3.9
JVAL JPMorgan U.S. Value Factor ETF 0.6 12 18 7.8 -2.2
FENY Fidelity MSCI Energy Index ETF 0.6 8 22 6.4 -3.5
VLU SPDR S&P 1500 Value Tilt ETF 0.6 12 18 6.7 -3.3
XT iShares Exponential Technologies ETF 0.6 46 -16 4.8 -5.2
VDE Vanguard Energy ETF 0.6 10 20 6.4 -3.6
FTXR First Trust Nasdaq Transportation ETF 0.6 60 -30 6.8 -3.2
NANR SPDR S&P North American Natural Resources ETF 0.6 35 -5 7.4 -2.6
IGE iShares North American Natural Resources ETF 0.5 41 -11 6.1 -3.8
FSST Fidelity Sustainable U.S. Equity ETF 0.5 59 -29 2.4 -7.5
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.5 60 -30 1.4 -8.6
FREL Fidelity MSCI Real Estate Index ETF 0.5 8 22 6.1 -3.9
EQAL Invesco Russell 1000 Equal Weight ETF 0.5 20 10 6.3 -3.7
QDEF FlexShares Quality Dividend Defensive Index Fund 0.5 37 -7 3.9 -6.1
FLOW Global X U.S. Cash Flow Kings 100 ETF 0.5 25 5 9.6 -0.4
EIPI FT Energy Income Partners Enhanced Income ETF 0.5 110 -80 5.1 -4.9
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.5 30 0 5.4 -4.5
DTD WisdomTree U.S. Total Dividend Fund 0.5 28 2 6.0 -4.0
FRI First Trust S&P REIT Index Fund 0.5 50 -20 5.9 -4.1
PY Principal Value ETF 0.5 15 15 7.0 -3.0
USRT iShares Core U.S. REIT ETF 0.5 8 22 6.3 -3.7
RWO SPDR Dow Jones Global Real Estate ETF 0.5 50 -20 6.1 -3.9
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.5 45 -15 5.7 -4.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.5 17 13 5.3 -4.7
QQQS Invesco NASDAQ Future Gen 200 ETF 0.5 20 10 -10.7 -20.7
GQRE FlexShares Global Quality Real Estate Index Fund 0.5 45 -15 5.9 -4.0
VNQ Vanguard Real Estate ETF 0.5 12 18 6.2 -3.8
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.5 20 10 7.6 -2.4
SCHH Schwab U.S. REIT ETF 0.5 7 23 6.5 -3.4
ECLN First Trust EIP Carbon Impact ETF 0.5 96 -66 4.3 -5.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.5 29 1 6.4 -3.6
VYM Vanguard High Dividend Yield Index ETF 0.5 6 24 6.8 -3.2
DFAR Dimensional US Real Estate ETF 0.5 19 11 6.3 -3.6
FNDB Schwab Fundamental US Broad Market Index ETF 0.4 25 5 6.8 -3.2
ERET iShares Environmentally Aware Real Estate ETF 0.4 30 0 6.5 -3.5
DRLL Strive U.S. Energy ETF 0.4 41 -11 7.0 -3.0
DEW WisdomTree Global High Dividend Fund 0.4 58 -28 8.5 -1.5
DFSU Dimensional US Sustainability Core 1 ETF 0.4 18 12 5.4 -4.6
AVUS Avantis U.S. Equity ETF 0.4 15 15 5.6 -4.4
FELV Fidelity Enhanced Large Cap Value ETF 0.4 18 12 6.4 -3.6
AGNG Global X Aging Population ETF 0.4 50 -20 4.2 -5.7
TMFX Motley Fool Next Index ETF 0.4 50 -20 2.8 -7.2
HDUS Hartford Disciplined US Equity ETF 0.4 19 11 5.9 -4.1
DCOR Dimensional US Core Equity 1 ETF 0.4 14 16 5.3 -4.7
AFLG First Trust Active Factor Large Cap ETF 0.4 55 -25 5.8 -4.2
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 12 7.2 -2.8
OPTZ Optimize Strategy Index ETF 0.4 50 -20 2.9 -7.1
REET iShares Global REIT ETF 0.4 14 16 6.2 -3.7
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.4 46 -16 9.3 -0.6
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.4 15 15 5.8 -4.2
CZA Invesco Zacks Mid-Cap ETF 0.3 72 -42 5.6 -4.4
DFUV Dimensional US Marketwide Value ETF 0.3 22 8 7.2 -2.8
FIDU Fidelity MSCI Industrial Index ETF 0.3 8 22 4.5 -5.5
PAVE Global X U.S. Infrastructure Development ETF 0.3 47 -17 5.1 -4.9
VIS Vanguard Industrials ETF 0.3 10 20 4.2 -5.8
DFGR Dimensional Global Real Estate ETF 0.3 22 8 6.2 -3.8
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.3 5 25 7.3 -2.7
DVY iShares Select Dividend ETF 0.3 38 -8 8.0 -2.0
SMMD iShares Russell 2500 ETF 0.3 15 15 5.5 -4.5
FVAL Fidelity Value Factor ETF 0.3 15 15 7.1 -2.9
SELV SEI Enhanced Low Volatility U.S. Large Cap ETF 0.3 15 15 6.4 -3.6
SFYX SoFi Next 500 ETF 0.3 0 30 4.7 -5.3
AVSU Avantis Responsible U.S. Equity ETF 0.3 15 15 6.1 -3.9
AIEQ AI Powered Equity ETF 0.3 75 -45 3.9 -6.1
SCHM Schwab U.S. Mid-Cap ETF 0.3 4 26 6.0 -4.0
SCHD Schwab US Dividend Equity ETF 0.3 6 24 9.2 -0.7
GNR SPDR S&P Global Natural Resources ETF 0.3 40 -10 9.7 -0.3
MADE iShares U.S. Manufacturing ETF 0.2 40 -10 5.5 -4.5
LRGF iShares U.S. Equity Factor ETF 0.2 8 22 5.6 -4.4
JHMM John Hancock Multifactor Mid Cap ETF 0.2 42 -12 6.1 -3.9
LUXX Roundhill S&P Global Luxury ETF 0.2 45 -15 2.9 -7.1
LUX Tema Luxury ETF 0.2 75 -45 3.0 -7.0
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.2 15 15 9.3 -0.6
HWAY Themes US Infrastructure ETF 0.2 29 1 6.2 -3.8
PPH VanEck Pharmaceutical ETF 0.2 36 -6 9.6 -0.4
ITAN Sparkline Intangible Value ETF 0.2 50 -20 5.9 -4.1
DFAU Dimensional US Core Equity Market ETF 0.2 12 18 5.0 -5.0
KRUZ Unusual Whales Subversive Republican Trading ETF 0.2 75 -45 5.4 -4.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 -17 5.5 -4.5
TXS Texas Capital Texas Equity Index ETF 0.2 49 -19 4.7 -5.3
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 -9 6.8 -3.2
IWS iShares Russell Mid-Cap Value ETF 0.2 23 7 6.2 -3.7
STXM Strive Mid-Cap ETF 0.2 18 12 6.1 -3.9
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.2 38 -8 5.7 -4.3
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 26 5.6 -4.3
ROUS Hartford Multifactor US Equity ETF 0.2 19 11 6.5 -3.4
FMDE Fidelity Enhanced Mid Cap ETF 0.2 23 7 6.0 -4.0
PFM Invesco Dividend Achievers ETF 0.2 53 -23 5.3 -4.7
CCMG CCM Global Equity ETF 0.2 34 -4 7.6 -2.4
IWV iShares Russell 3000 ETF 0.2 20 10 4.7 -5.3
VTHR Vanguard Russell 3000 ETF 0.2 10 20 4.7 -5.2
VTI Vanguard Total Stock Market ETF 0.2 3 27 4.7 -5.2
VIG Vanguard Dividend Appreciation ETF 0.2 6 24 5.6 -4.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 27 4.8 -5.2
SCHB Schwab U.S. Broad Market ETF 0.2 3 27 4.9 -5.1
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.2 3 27 5.1 -4.9
IYJ iShares U.S. Industrials ETF 0.2 40 -10 4.5 -5.4
IWR iShares Russell Midcap ETF 0.2 19 11 5.4 -4.6
DIVB iShares Core Dividend ETF 0.2 5 25 7.5 -2.5
DFUS Dimensional U.S. Equity ETF 0.2 9 21 4.9 -5.1
IDU iShares U.S. Utilities ETF 0.2 40 -10 4.8 -5.1
DEUS Xtrackers Russell US Multifactor ETF 0.2 17 13 6.9 -3.1
FNDX Schwab Fundamental US Large Co. Index ETF 0.2 25 5 6.8 -3.2
FILL iShares MSCI Global Energy Producers ETF 0.2 39 -9 9.6 -0.4
AVLV Avantis U.S. Large Cap Value ETF 0.2 15 15 7.1 -2.9
NUDV Nuveen ESG Dividend ETF 0.2 26 4 7.0 -3.0
QGRO American Century U.S. Quality Growth ETF 0.2 29 1 4.4 -5.5
IUS Invesco RAFI Strategic US ETF 0.1 19 11 6.8 -3.2
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 10 6.8 -3.2
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.1 70 -40 2.7 -7.3
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.1 8 22 4.5 -5.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 9 3.8 -6.2
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 21 4.8 -5.2
DGRO iShares Core Dividend Growth ETF 0.1 8 22 6.3 -3.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 18 4.5 -5.5
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -30 3.8 -6.2
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 15 5.9 -4.1
REVS Columbia Research Enhanced Value ETF 0.1 19 11 7.4 -2.6
PRNT 3D Printing ETF 0.1 66 -36 0.7 -9.3
KOMP SPDR S&P Kensho New Economies Composite ETF 0.1 20 10 1.0 -9.0
VALQ American Century U.S. Quality Value ETF 0.1 29 1 7.4 -2.6
FNCL Fidelity MSCI Financials Index ETF 0.1 8 22 5.6 -4.4
FDL First Trust Morningstar Dividend Leaders Index Fund 0.1 45 -15 8.9 -1.0
STXV Strive 1000 Value ETF 0.1 18 12 7.5 -2.4
VT Vanguard Total World Stock ETF 0.1 7 23 5.5 -4.5
PICK iShares MSCI Global Metals & Mining Producers ETF 0.1 39 -9 12.8 +2.9
FHLC Fidelity MSCI Health Care Index ETF 0.1 8 22 6.0 -4.0
DSI iShares MSCI KLD 400 Social ETF 0.1 25 5 5.0 -4.9
VHT Vanguard Health Care ETF 0.1 10 20 5.7 -4.3
APUE ActivePassive U.S. Equity ETF 0.1 45 -15 4.8 -5.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 11 6.2 -3.8
DGRW WisdomTree US Quality Dividend Growth Fund 0.1 28 2 6.0 -4.0
RECS Columbia Research Enhanced Core ETF 0.1 15 15 5.5 -4.5
OALC OneAscent Large Cap Core ETF 0.1 86 -56 4.3 -5.7
VFH Vanguard Financials ETF 0.1 10 20 5.7 -4.3
VCR Vanguard Consumer Discretionary ETF 0.1 10 20 4.4 -5.6
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 18 6.2 -3.8
SXQG ETC 6 Meridian Quality Growth ETF 0.1 100 -70 4.0 -6.0
PAWZ ProShares Pet Care ETF 0.1 50 -20 3.8 -6.2
VONV Vanguard Russell 1000 Value ETF 0.1 8 22 6.3 -3.7
PKW Invesco Buyback Achievers ETF 0.1 62 -32 6.4 -3.6
VIRS Pacer BioThreat Strategy ETF 0.1 70 -40 6.1 -3.9
IWD iShares Russell 1000 Value ETF 0.1 19 11 6.1 -3.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 21 5.4 -4.6
IEDI iShares U.S. Consumer Focused ETF 0.1 18 12 5.1 -4.8
PTL Inspire 500 ETF 0.1 9 21 5.6 -4.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -45 4.3 -5.7
VEGN US Vegan Climate ETF 0.1 60 -30 4.5 -5.5
STXD Strive 1000 Dividend Growth ETF 0.0 35 -5 5.2 -4.8
IYH iShares U.S. Healthcare ETF 0.0 40 -10 6.6 -3.4
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.0 15 15 4.9 -5.1
JHML John Hancock Multifactor Large Cap ETF 0.0 29 1 5.3 -4.7
VONE Vanguard Russell 1000 ETF 0.0 8 22 4.9 -5.1
IWB iShares Russell 1000 ETF 0.0 15 15 4.8 -5.1
WOMN Impact Shares YWCA Women's Empowerment ETF 0.0 75 -45 4.7 -5.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 15 4.7 -5.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 19 4.9 -5.1
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 26 6.4 -3.5
IYY iShares Dow Jones U.S. ETF 0.0 20 10 4.8 -5.2
SCHK Schwab 1000 Index ETF 0.0 5 25 5.0 -5.0
JQUA JPMorgan U.S. Quality Factor ETF 0.0 12 18 5.8 -4.2
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 -19 5.6 -4.4
SCHX Schwab U.S. Large-Cap ETF 0.0 3 27 5.0 -5.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 10 4.9 -5.1
ITB iShares U.S. Home Construction ETF 0.0 40 -10 10.6 +0.7
IWP iShares Russell Mid-Cap Growth ETF 0.0 23 7 3.1 -6.9
STXG Strive 1000 Growth ETF 0.0 18 12 4.1 -5.9
TDVG T. Rowe Price Dividend Growth ETF 0.0 50 -20 4.8 -5.2
IWF iShares Russell 1000 Growth ETF 0.0 19 11 4.5 -5.5
VONG Vanguard Russell 1000 Growth ETF 0.0 8 22 4.6 -5.4
PSCC Invesco S&P SmallCap Consumer Staples ETF 0.0 29 1 0.0 -10.0
PSCE Invesco S&P SmallCap Energy ETF 0.0 29 1 0.0 -10.0
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 18 4.5 -5.5

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

  2019 2020 2021 2022 2023 2024E 2025E
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
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Invesco S&P SmallCap High Dividend Low Volatility 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 11.2 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 30 bp
Equals: ALTAR Score 10.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.72 CATEGORY
AVERAGE		 1.57
 
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.