Invesco S&P SmallCap High Dividend Low Volatility ETF
ALTAR
Score™		 13.0% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 8.6x P/Sales
ratio		 1.3x
P/BV
ratio		 1.0x Div.
yield		 7.1%


  • 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) $76
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 55
Wgt avg mkt cap (mns) $1,579
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 31.9%
Small cap (<$2bn) 68.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
GLOBAL NET LEASE INC 3.3 %
UNIVERSAL HEALTH RLTY INCOME 3.2 %
CLEARWAY ENERGY, INC. CLASS C 3.0 %
APOLLO COMMERCIAL REAL ESTAT 3.0 %
NEW YORK MORTGAGE TRUST INC 2.9 %
CAPITAL TRUST-CL A 2.7 %
SPARTANNASH CO 2.7 %
TWO HARBORS INVESTMENT CORP 2.7 %
ARMOUR RESIDENTIAL REIT INC 2.7 %
INNOVATIVE INDUSTRIAL PROPERTIES I 2.7 %
Total 28.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 87.4 %










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.
-7.0% -3.2% 1.2% -- -1.8%

Market Correlations
versus... Beta R-squared
S&P500 1.14 60%
MSCI EAFE 1.08 56%
MSCI Emg. Mkts. 0.69 24%

Technical Indicators
Recent close $13.81
30d moving avg. $13.28
Annualized volatility 23.8%
Short interest (ETF) 0.1%
Short interest (Underlying) 5.5%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 49
Turnover 0.9%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $723

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 437 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™: 13.0%


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
(%)
XSLV Invesco S&P SmallCap Low Volatility ETF 22.5 25 5 7.5 -5.5
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 20.1 35 -5 9.3 -3.6
SMDV ProShares Russell 2000 Dividend Growers ETF 18.4 40 -10 7.4 -5.6
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 18.2 29 1 4.6 -8.4
MORT VanEck Mortgage REIT Income ETF 16.8 43 -13 52.2 +39.2
REM iShares Mortgage Real Estate ETF 16.5 48 -18 59.5 +46.5
RIET Hoya Capital High Dividend Yield ETF 16.1 50 -20 44.6 +31.7
DIV Global X SuperDividend US ETF 14.0 45 -15 11.8 -1.2
DES WisdomTree U.S. SmallCap Dividend Fund 13.4 38 -8 9.4 -3.6
XSVM Invesco S&P SmallCap Value with Momentum ETF 13.3 36 -6 11.9 -1.0
KBWY Invesco KBW Premium Yield Equity REIT ETF 13.1 35 -5 8.5 -4.5
IJS iShares S&P Small-Cap 600 Value ETF 11.7 18 12 10.2 -2.8
RZV Invesco S&P Smallcap 600 Pure Value ETF 11.7 35 -5 10.6 -2.3
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 11.4 38 -8 10.1 -2.9
VIOV Vanguard S&P Small-Cap 600 Value ETF 11.1 10 20 10.2 -2.7
FYT First Trust Small Cap Value AlphaDEX Fund 11.1 73 -43 11.2 -1.8
SLYV SPDR S&P 600 Small Cap Value ETF 11.0 15 15 10.2 -2.8
SRET Global X SuperDividend REIT ETF 10.7 59 -29 12.1 -0.9
TMDV ProShares Russell US Dividend Growers ETF 10.1 35 -5 6.5 -6.5
PEY Invesco High Yield Equity Dividend Achievers ETF 9.6 52 -22 9.9 -3.0
REAI Intelligent Real Estate ETF 9.5 59 -29 14.7 +1.7
KBWD Invesco KBW High Dividend Yield Financial ETF 9.2 384 -354 13.3 +0.3
SIXS ETC 6 Meridian Small Cap Equity ETF 9.1 89 -59 10.2 -2.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 9.0 39 -9 9.6 -3.4
ROSC Hartford Multifactor Small Cap ETF 8.8 34 -4 9.8 -3.2
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 8.7 80 -50 8.1 -4.8
RDOG ALPS REIT Dividend Dogs ETF 8.7 35 -5 9.4 -3.6
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 8.6 15 15 8.0 -5.0
IJR iShares Core S&P Small Cap ETF 8.5 6 24 7.9 -5.1
FLQS Franklin U.S. Small Cap Multifactor Index ETF 8.4 35 -5 9.8 -3.2
SDIV Global X Superdividend ETF 8.3 58 -28 40.4 +27.5
VIOO Vanguard S&P Small-Cap 600 ETF 8.1 7 23 7.8 -5.1
ESIX SPDR S&P SmallCap 600 ESG ETF 8.1 12 18 8.2 -4.8
SPSM SPDR Portfolio S&P 600 Small Cap ETF 8.0 3 27 7.9 -5.1
PSCC Invesco S&P SmallCap Consumer Staples ETF 8.0 29 1 7.8 -5.2
XJR iShares ESG Screened S&P Small-Cap ETF 7.9 12 18 7.5 -5.5
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 7.5 12 18 7.5 -5.5
IFRA iShares U.S. Infrastructure ETF 7.4 30 0 6.2 -6.8
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 7.4 29 1 8.7 -4.3
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 6.9 48 -18 8.2 -4.8
FYX First Trust Small Cap Core AlphaDEX Fund 6.7 61 -31 6.4 -6.6
TPSC Timothy Plan US Small Cap Core ETF 6.6 52 -22 7.0 -6.0
EES WisdomTree U.S. SmallCap Fund 6.5 38 -8 9.1 -3.9
BLDG Cambria Global Real Estate ETF 6.4 60 -30 12.0 -0.9
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 6.2 59 -29 6.4 -6.6
CSA VictoryShares US Small Cap Volatility Wtd ETF 6.2 35 -5 7.8 -5.2
USVM VictoryShares US Small Mid Cap Value Momentum ETF 6.1 25 5 8.1 -4.9
NETL NETLease Corporate Real Estate ETF 6.0 60 -30 8.2 -4.8
ISMD Inspire Small/Mid Cap ETF 5.8 54 -24 6.1 -6.9
PSCF Invesco S&P SmallCap Financials ETF 5.7 29 1 9.5 -3.5
SIXL ETC 6 Meridian Low Beta Equity ETF 5.5 80 -50 6.1 -6.9
IJT iShares S&P Small-Cap 600 Growth ETF 5.5 18 12 5.6 -7.4
PPTY US Diversified Real Estate ETF 5.4 53 -23 7.9 -5.1
RFDA RiverFront Dynamic US Dividend Advantage ETF 5.4 52 -22 6.6 -6.3
AFSM First Trust Active Factor Small Cap ETF 5.3 75 -45 7.7 -5.3
AVUV Avantis U.S. Small Cap Value ETF 5.3 25 5 10.2 -2.8
VIOG Vanguard S&P Small-Cap 600 Growth ETF 5.3 10 20 5.7 -7.3
SLYG SPDR S&P 600 Small Cap Growth ETF 5.2 15 15 5.7 -7.3
WDIV SPDR S&P Global Dividend ETF 5.2 40 -10 9.5 -3.5
XSHQ Invesco S&P SmallCap Quality ETF 5.0 29 1 8.2 -4.8
SYLD Cambria Shareholder Yield ETF 4.9 59 -29 11.7 -1.3
VAMO Cambria Value & Momentum ETF 4.9 61 -31 6.3 -6.6
AVSC Avantis U.S Small Cap Equity ETF 4.9 25 5 6.0 -7.0
BSVO EA Bridgeway Omni Small-Cap Value ETF 4.8 47 -17 9.3 -3.7
IWN iShares Russell 2000 Value ETF 4.6 24 6 7.8 -5.2
VTWV Vanguard Russell 2000 Value ETF 4.6 10 20 7.9 -5.1
FNDA Schwab Fundamental US Small Co. Index ETF 4.6 25 5 8.0 -5.0
FVD First Trust Value Line Dividend Index Fund 4.5 65 -35 6.3 -6.6
GRPZ Invesco S&P SmallCap 600 GARP ETF 4.4 35 -5 10.6 -2.4
DESK VanEck Office and Commercial REIT ETF 4.3 50 -20 12.9 -0.0
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 4.2 9 21 4.5 -8.4
PSCI Invesco S&P SmallCap Industrials ETF 4.1 29 1 5.5 -7.5
CGW Invesco S&P Global Water Index ETF 4.1 57 -27 4.6 -8.4
CALF Pacer US Small Cap Cash Cows 100 ETF 4.1 59 -29 11.1 -1.9
XSMO Invesco S&P SmallCap Momentum ETF 4.0 39 -9 5.8 -7.2
CVAR Cultivar ETF 3.9 87 -57 6.8 -6.2
SQLV Royce Quant Small-Cap Quality Value ETF 3.8 60 -30 9.8 -3.2
RZG Invesco S&P Smallcap 600 Pure Growth ETF 3.7 35 -5 4.2 -8.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 3.7 39 -9 6.6 -6.4
FESM Fidelity Enhanced Small Cap ETF 3.7 28 2 7.8 -5.2
PSCE Invesco S&P SmallCap Energy ETF 3.6 29 1 11.9 -1.1
WBIY WBI Power Factor High Dividend ETF 3.6 100 -70 15.2 +2.3
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 3.6 20 10 6.0 -7.0
RSSL Global X Russell 2000 ETF 3.5 8 22 4.5 -8.4
SVAL iShares US Small Cap Value Factor ETF 3.5 20 10 10.7 -2.3
DSMC Distillate Small/Mid Cash Flow ETF 3.5 55 -25 12.7 -0.3
BKSE BNY Mellon US Small Cap Core Equity ETF 3.4 4 26 6.2 -6.8
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 3.4 20 10 6.0 -7.0
PSCM Invesco S&P SmallCap Materials ETF 3.4 29 1 13.1 +0.1
CGV Conductor Global Equity Value ETF 3.4 130 -100 8.7 -4.3
VTWO Vanguard Russell 2000 ETF 3.3 7 23 4.6 -8.4
IWM iShares Russell 2000 ETF 3.3 19 11 4.6 -8.4
AQWA Global X Clean Water ETF 3.3 50 -20 4.9 -8.1
AFMC First Trust Active Factor Mid Cap ETF 3.2 65 -35 8.9 -4.1
STXK Strive Small-Cap ETF 3.2 18 12 6.2 -6.8
FIW First Trust Water ETF 3.1 53 -23 4.7 -8.3
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 3.1 35 -5 7.2 -5.7
FDM First Trust Dow Jones Select MicroCap Index Fund 3.1 60 -30 7.6 -5.4
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 3.0 60 -30 8.3 -4.7
VCLN Virtus Duff & Phelps Clean Energy ETF 3.0 59 -29 5.5 -7.4
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 3.0 55 -25 6.4 -6.6
ACES ALPS Clean Energy ETF 3.0 55 -25 -3.4 -16.4
FXU First Trust Utilities AlphaDEX Fund 3.0 64 -34 5.7 -7.3
TAN Invesco Solar ETF 3.0 67 -37 7.4 -5.6
ISCV iShares Morningstar Small Cap Value ETF 3.0 6 24 9.4 -3.6
PSCH Invesco S&P SmallCap Health Care ETF 3.0 29 1 4.5 -8.5
HAPS Harbor Human Capital Factor US Small Cap ETF 3.0 60 -30 4.2 -8.8
XHS SPDR S&P Health Care Services ETF 3.0 35 -5 3.7 -9.2
WCEO Hypatia Women CEO ETF 2.9 85 -55 4.4 -8.6
PSC Principal U.S. Small-Cap ETF 2.8 38 -8 6.9 -6.1
ETHO Etho Climate Leadership U.S. ETF 2.8 47 -17 5.4 -7.6
SCHA Schwab U.S. Small-Cap ETF 2.8 4 26 6.3 -6.7
DEEP Roundhill Acquirers Deep Value ETF 2.7 80 -50 17.5 +4.5
IRET iREIT - MarketVector Quality REIT Index ETF 2.7 60 -30 7.6 -5.4
DFSV Dimensional US Small Cap Value ETF 2.7 31 -1 10.4 -2.6
JRE Janus Henderson U.S. Real Estate ETF 2.7 65 -35 7.7 -5.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 2.6 39 -9 6.1 -6.9
RNRG Global X Renewable Energy Producers ETF 2.6 66 -36 5.6 -7.3
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 2.6 29 1 10.5 -2.5
OSCV Opus Small Cap Value ETF 2.6 79 -49 6.7 -6.3
SURE AdvisorShares Insiders Advantage ETF 2.6 90 -60 10.2 -2.8
DFAT Dimensional U.S. Targeted Value ETF 2.6 28 2 9.5 -3.5
PHO Invesco Water Resources ETF 2.5 60 -30 4.5 -8.5
FOVL iShares Focused Value Factor ETF 2.5 25 5 10.0 -3.0
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 2.4 15 15 7.5 -5.5
EFRA iShares Environmental Infrastructure and Industrials ETF 2.4 47 -17 5.2 -7.8
FRNW Fidelity Clean Energy ETF 2.4 39 -9 4.0 -9.0
DFAS Dimensional U.S. Small Cap ETF 2.4 26 4 6.6 -6.4
FSCS First Trust SMID Capital Strength ETF 2.4 60 -30 7.0 -6.0
NUSC Nuveen ESG Small-Cap ETF 2.4 31 -1 5.5 -7.5
VBR Vanguard Small Cap Value ETF 2.3 7 23 9.2 -3.8
NIXT Research Affiliates Deletions ETF 2.3 9 21 8.9 -4.1
FAB First Trust Multi Cap Value AlphaDEX Fund 2.3 67 -37 10.1 -2.9
FSMD Fidelity Small-Mid Multifactor ETF 2.2 15 15 7.2 -5.8
XOP SPDR S&P Oil & Gas Exploration & Production ETF 2.2 35 -5 15.4 +2.5
ESML iShares ESG Aware MSCI USA Small-Cap ETF 2.2 17 13 5.9 -7.0
PBJ Invesco Food & Beverage ETF 2.2 57 -27 5.0 -8.0
PSL Invesco Dorsey Wright Consumer Staples Momentum ETF 2.2 60 -30 6.7 -6.2
FYC First Trust Small Cap Growth AlphaDEX Fund 2.2 71 -41 0.5 -12.5
PXI Invesco Dorsey Wright Energy Momentum ETF 2.2 60 -30 7.3 -5.7
VTWG Vanguard Russell 2000 Growth ETF 2.2 10 20 1.5 -11.5
TOKE Cambria Cannabis ETF 2.1 42 -12 1.8 -11.2
IWO iShares Russell 2000 Growth ETF 2.1 24 6 1.4 -11.6
CNRG SPDR S&P Kensho Clean Power ETF 2.1 45 -15 0.6 -12.4
ISCB iShares Morningstar Small-Cap ETF 2.1 4 26 6.2 -6.8
IPDP Dividend Performers ETF 2.0 122 -92 5.1 -7.9
HOMZ Hoya Capital Housing ETF 2.0 30 0 8.8 -4.2
SFLO VictoryShares Small Cap Free Cash Flow ETF 2.0 49 -19 11.9 -1.1
GDIV Harbor Dividend Growth Leaders ETF 2.0 50 -20 5.3 -7.7
CCNR ALPS CoreCommodity Natural Resources ETF 2.0 39 -9 11.4 -1.6
PUI Invesco Dorsey Wright Utilities Momentum ETF 2.0 60 -30 5.7 -7.3
ECML Euclidean Fundamental Value ETF 2.0 95 -65 12.2 -0.7
NDIV Amplify Natural Resources Dividend Income ETF 1.8 59 -29 13.5 +0.6
FUTY Fidelity MSCI Utilities Index ETF 1.8 8 22 5.5 -7.5
SMLF iShares U.S. SmallCap Equity Factor ETF 1.8 15 15 6.3 -6.7
AZTD Aztlan Global Stock Selection DM SMID ETF 1.7 75 -45 7.7 -5.3
GVLU Gotham 1000 Value ETF 1.7 50 -20 8.9 -4.1
VPU Vanguard Utilities ETF 1.6 9 21 5.4 -7.5
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.6 58 -28 -3.0 -16.0
FDLS Inspire Fidelis Multi Factor ETF 1.6 76 -46 5.3 -7.7
LST Leuthold Select Industries ETF 1.6 91 -61 5.5 -7.5
VB Vanguard Small-Cap ETF 1.6 5 25 6.2 -6.8
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.6 60 -30 2.1 -10.9
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 1.6 55 -25 10.3 -2.7
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.5 70 -40 3.1 -9.9
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 1.5 56 -26 6.4 -6.6
ABLD Abacus FCF Real Assets Leaders ETF 1.5 69 -39 7.0 -6.0
RNMC First Trust Mid Cap US Equity Select ETF 1.5 60 -30 6.4 -6.6
VXF Vanguard Extended Market ETF 1.5 5 25 4.8 -8.1
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.5 24 6 7.9 -5.1
FXH First Trust Health Care AlphaDEX Fund 1.5 62 -32 8.9 -4.1
FTXN First Trust Nasdaq Oil & Gas ETF 1.4 60 -30 12.5 -0.5
IEZ iShares U.S. Oil Equipment & Services ETF 1.4 40 -10 5.1 -7.9
XES SPDR S&P Oil & Gas Equipment & Services ETF 1.4 35 -5 3.4 -9.5
DEW WisdomTree Global High Dividend Fund 1.4 58 -28 8.7 -4.3
ICLN iShares Global Clean Energy ETF 1.4 41 -11 5.8 -7.2
TPYP Tortoise North American Pipeline Fund 1.4 40 -10 5.8 -7.2
VFMF Vanguard U.S. Multifactor ETF 1.3 18 12 8.2 -4.8
IWC iShares Micro-Cap ETF 1.3 60 -30 -0.6 -13.6
XRT SPDR S&P Retail ETF 1.3 35 -5 8.6 -4.4
FCG First Trust Natural Gas ETF 1.3 60 -30 19.0 +6.1
PXE Invesco Energy Exploration & Production ETF 1.3 60 -30 16.2 +3.2
TMFS Motley Fool Small-Cap Growth ETF 1.3 85 -55 3.4 -9.6
FDHT Fidelity Digital Health ETF 1.3 39 -9 0.9 -12.1
JSML Janus Henderson Small Cap Growth Alpha ETF 1.3 30 0 8.3 -4.7
FTRI First Trust Indxx Global Natural Resources Income ETF 1.3 70 -40 8.1 -4.9
XTL SPDR S&P Telecom ETF 1.2 35 -5 2.5 -10.5
BOTT Themes Robotics & Automation ETF 1.2 35 -5 4.7 -8.3
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 1.2 49 -19 4.4 -8.6
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.2 7 23 6.2 -6.8
BFOR ALPS Barron's 400 ETF 1.2 65 -35 6.0 -6.9
EIPX FT Energy Income Partners Strategy ETF 1.2 95 -65 8.3 -4.7
FAN First Trust Global Wind Energy ETF 1.2 60 -30 4.5 -8.5
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 1.1 60 -30 6.6 -6.4
VEGI iShares MSCI Agriculture Producers ETF 1.1 39 -9 8.4 -4.5
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 1.1 11 19 8.0 -5.0
CVY Invesco Zacks Multi-Asset Income ETF 1.1 106 -76 11.9 -1.1
VFQY Vanguard U.S. Quality Factor ETF 1.1 13 17 6.4 -6.6
DON WisdomTree U.S. MidCap Dividend Fund 1.1 38 -8 8.9 -4.1
ISCG iShares Morningstar Small-Cap Growth ETF 1.1 6 24 2.9 -10.0
VFVA Vanguard U.S. Value Factor ETF 1.1 13 17 11.2 -1.8
TDV ProShares S&P Technology Dividend Aristocrats ETF 1.1 45 -15 5.3 -7.7
SIXG Defiance Connective Technologies ETF 1.1 30 0 3.9 -9.1
VDC Vanguard Consumer Staples ETF 1.1 9 21 5.6 -7.4
DHS WisdomTree U.S. High Dividend Fund 1.1 38 -8 8.2 -4.8
FSTA FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF 1.1 8 22 5.6 -7.4
LQPE PEO AlphaQuest Thematic PE ETF 1.0 125 -95 5.3 -7.7
MOO VanEck Agribusiness ETF 1.0 53 -23 10.2 -2.8
QMOM Alpha Architect U.S. Quantitative Momentum ETF 1.0 39 -9 3.2 -9.8
QVAL Alpha Architect US Quantitative Value ETF 1.0 39 -9 9.7 -3.2
SMCF Themes US Small Cap Cash Flow Champions ETF 1.0 29 1 12.6 -0.4
GQRE FlexShares Global Quality Real Estate Index Fund 1.0 45 -15 7.8 -5.1
QDEF FlexShares Quality Dividend Defensive Index Fund 1.0 37 -7 6.2 -6.8
RNIN Bushido Capital US SMID Cap Equity ETF 1.0 70 -40 5.0 -8.0
EZM WisdomTree U.S. MidCap Fund 1.0 38 -8 9.3 -3.7
JHSC John Hancock Multifactor Small Cap ETF 1.0 42 -12 6.8 -6.1
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.9 24 6 8.2 -4.8
FXD First Trust Consumer Discretionary AlphaDEX Fund 0.9 61 -31 7.5 -5.5
HKND Humankind US Stock ETF 0.9 11 19 7.2 -5.8
QDF FlexShares Quality Dividend Index Fund 0.9 37 -7 6.4 -6.6
JVAL JPMorgan U.S. Value Factor ETF 0.9 12 18 8.3 -4.7
DXUV Dimensional US Vector Equity ETF 0.9 28 2 6.3 -6.6
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.9 64 -34 2.4 -10.6
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.9 56 -26 11.0 -1.9
USRT iShares Core U.S. REIT ETF 0.9 8 22 7.8 -5.1
EINC VanEck Energy Income ETF 0.9 48 -18 5.4 -7.6
MLPX Global X MLP & Energy Infrastructure ETF 0.9 45 -15 5.6 -7.4
USAI Pacer American Energy Independence ETF 0.9 75 -45 4.7 -8.3
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 0.9 55 -25 4.9 -8.1
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF 0.9 59 -29 4.5 -8.5
FRI First Trust S&P REIT Index Fund 0.9 50 -20 7.5 -5.5
PSCT Invesco S&P SmallCap Information Technology ETF 0.9 29 1 5.5 -7.5
VRAI Virtus Real Asset Income ETF 0.9 55 -25 10.5 -2.4
FNX First Trust Mid Cap Core AlphaDEX Fund 0.8 60 -30 7.7 -5.3
RNSC Furst Trust Small Cap US Equity Select ETF 0.8 60 -30 6.1 -6.9
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 0.8 60 -30 6.1 -6.9
SCDV Bahl & Gaynor Small Cap Dividend ETF 0.8 70 -40 4.7 -8.3
RWR SPDR Dow Jones REIT ETF 0.8 25 5 7.6 -5.3
IEO iShares U.S. Oil & Gas Exploration & Production ETF 0.8 40 -10 12.8 -0.2
EQAL Invesco Russell 1000 Equal Weight ETF 0.8 20 10 7.0 -6.0
SMOT VanEck Morningstar SMID Moat ETF 0.8 49 -19 6.7 -6.3
CUT Invesco MSCI Global Timber ETF 0.8 61 -31 10.0 -3.0
IVEG iShares Emergent Food and AgTech Multisector ETF 0.8 47 -17 8.8 -4.2
COWS Amplify Cash Flow Dividend Leaders ETF 0.8 0 30 12.0 -1.0
ALIL Argent Focused Small Cap ETF 0.8 74 -44 7.1 -5.9
ZAP Global X U.S. Electrification ETF 0.8 50 -20 4.4 -8.6
FFOX FundX Future Fund Opportunities ETF 0.8 100 -70 4.4 -8.6
ICAP InfraCap Equity Income Fund ETF 0.8 171 -141 6.8 -6.2
DFAR Dimensional US Real Estate ETF 0.8 19 11 8.0 -5.0
VAW Vanguard Materials ETF 0.8 9 21 6.2 -6.8
HLGE Hartford Longevity Economy ETF 0.8 44 -14 6.5 -6.4
IHF iShares U.S. Healthcare Providers ETF 0.7 40 -10 8.2 -4.8
CGDG Capital Group Dividend Growers ETF 0.7 47 -17 6.2 -6.8
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.7 25 5 5.8 -7.2
SDY SPDR S&P Dividend ETF 0.7 35 -5 6.7 -6.3
ONEY SPDR Russell 1000 Yield Focus ETF 0.7 20 10 9.6 -3.4
QLV FlexShares US Quality Low Volatility Index Fund 0.7 22 8 5.7 -7.3
SCHH Schwab U.S. REIT ETF 0.7 7 23 8.1 -4.9
VFMO Vanguard U.S. Momentum Factor ETF 0.7 13 17 3.2 -9.8
UDI USCF Dividend Income Fund 0.7 65 -35 8.2 -4.8
ACTV LeaderShares Activist Leaders ETF 0.7 75 -45 5.4 -7.6
VNQ Vanguard Real Estate ETF 0.7 13 17 7.5 -5.5
FMAT Fidelity MSCI Materials Index ETF 0.7 8 22 6.2 -6.8
EIPI FT Energy Income Partners Enhanced Income ETF 0.7 110 -80 6.7 -6.3
FCOM Fidelity MSCI Communication Services Index ETF 0.7 8 22 4.7 -8.3
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.7 43 -13 6.3 -6.6
FENY Fidelity MSCI Energy Index ETF 0.7 8 22 9.3 -3.7
EBI Longview Advantage ETF 0.7 35 -5 6.7 -6.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.7 46 -16 10.2 -2.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.7 29 1 6.5 -6.5
FTXG First Trust Nasdaq Food & Beverage ETF 0.6 60 -30 7.2 -5.7
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.6 30 0 8.3 -4.7
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.6 30 0 6.8 -6.2
NANR SPDR S&P North American Natural Resources ETF 0.6 35 -5 8.3 -4.7
VBK Vanguard Small-Cap Growth ETF 0.6 7 23 1.9 -11.0
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.6 50 -20 5.4 -7.6
FREL Fidelity MSCI Real Estate Index ETF 0.6 8 22 7.6 -5.3
VDE Vanguard Energy ETF 0.6 9 21 9.3 -3.7
AGNG Global X Aging Population ETF 0.6 50 -20 4.9 -8.1
EMLP First Trust North American Energy Infrastructure Fund 0.6 95 -65 6.0 -7.0
VLU SPDR S&P 1500 Value Tilt ETF 0.6 12 18 7.6 -5.4
DTD WisdomTree U.S. Total Dividend Fund 0.6 28 2 6.4 -6.6
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.6 61 -31 6.6 -6.4
KOMP SPDR S&P Kensho New Economies Composite ETF 0.6 20 10 2.8 -10.2
IGE iShares North American Natural Resources ETF 0.6 41 -11 7.9 -5.1
ANEW ProShares MSCI Transformational Changes ETF 0.6 45 -15 6.0 -6.9
REET iShares Global REIT ETF 0.5 14 16 7.6 -5.4
SEIQ SEI Enhanced U.S. Large Cap Quality Factor ETF 0.5 15 15 7.4 -5.6
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.5 27 3 7.0 -6.0
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.5 46 -16 5.6 -7.4
OIH VanEck Oil Services ETF 0.5 35 -5 4.9 -8.1
PXJ Invesco Oil & Gas Services ETF 0.5 63 -33 6.3 -6.7
FSST Fidelity Sustainable U.S. Equity ETF 0.5 59 -29 4.3 -8.7
RWO SPDR Dow Jones Global Real Estate ETF 0.5 50 -20 7.1 -5.9
JSTC Adasina Social Justice All Cap Global ETF 0.5 89 -59 4.8 -8.2
VOX Vanguard Communication Services ETF 0.5 9 21 4.7 -8.3
REZ iShares Residential and Multisector Real Estate ETF 0.5 48 -18 6.5 -6.5
FNDB Schwab Fundamental US Broad Market Index ETF 0.5 25 5 7.2 -5.7
ERET iShares Environmentally Aware Real Estate ETF 0.5 30 0 7.4 -5.5
AUSF Global X Adaptive U.S. Factor ETF 0.5 27 3 8.8 -4.2
PAVE Global X U.S. Infrastructure Development ETF 0.5 47 -17 5.6 -7.4
DVY iShares Select Dividend ETF 0.5 38 -8 9.3 -3.7
DFGR Dimensional Global Real Estate ETF 0.5 22 8 7.5 -5.5
SFYX SoFi Next 500 ETF 0.5 0 30 6.0 -7.0
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.5 20 10 7.7 -5.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 17 13 5.6 -7.3
OPTZ Optimize Strategy Index ETF 0.4 50 -20 5.0 -7.9
IDU iShares U.S. Utilities ETF 0.4 40 -10 4.9 -8.1
HART IQ Healthy Hearts ETF 0.4 45 -15 6.6 -6.4
VYM Vanguard High Dividend Yield Index ETF 0.4 6 24 7.2 -5.8
FLOW Global X U.S. Cash Flow Kings 100 ETF 0.4 25 5 11.6 -1.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 12 7.8 -5.2
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.4 38 -8 6.2 -6.7
DFUV Dimensional US Marketwide Value ETF 0.4 22 8 7.6 -5.3
AVUS Avantis U.S. Equity ETF 0.4 15 15 5.9 -7.1
DCOR Dimensional US Core Equity 1 ETF 0.4 14 16 5.5 -7.5
HDUS Hartford Disciplined US Equity ETF 0.4 19 11 5.8 -7.1
BLCV iShares Large Cap Value Active ETF 0.3 53 -23 7.4 -5.5
AVIE Avantis  Inflation Focused Equity ETF 0.3 25 5 7.3 -5.7
FLQL Franklin LibertyQ U.S. Equity ETF 0.3 15 15 5.5 -7.5
SCHD Schwab US Dividend Equity ETF 0.3 6 24 9.8 -3.2
SMMD iShares Russell 2500 ETF 0.3 15 15 6.4 -6.6
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 12 5.5 -7.5
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.3 79 -49 4.5 -8.5
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.3 5 25 8.0 -5.0
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 13 7.0 -5.9
FMDE Fidelity Enhanced Mid Cap ETF 0.3 23 7 5.8 -7.2
DRLL Strive U.S. Energy ETF 0.3 41 -11 10.2 -2.7
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.3 15 15 6.1 -6.8
ONEO SPDR Russell 1000 Momentum Focus ETF 0.3 20 10 7.1 -5.9
FIDU Fidelity MSCI Industrial Index ETF 0.3 8 22 4.5 -8.5
SCHM Schwab U.S. Mid-Cap ETF 0.3 4 26 6.8 -6.2
COPY Tweedy, Browne Insider + Value ETF 0.3 80 -50 11.7 -1.2
AVSU Avantis Responsible U.S. Equity ETF 0.3 15 15 6.1 -6.9
FNK First Trust Mid Cap Value AlphaDEX Fund 0.3 70 -40 11.2 -1.8
PRF Invesco FTSE RAFI US 1000 ETF 0.3 39 -9 6.9 -6.1
AVRE Avantis Real Estate ETF 0.3 17 13 7.1 -5.8
OCEN IQ Clean Oceans ETF 0.2 45 -15 6.2 -6.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 -17 5.8 -7.2
AVMV Avantis U.S. Mid Cap Value ETF 0.2 20 10 8.8 -4.1
LUX Tema Luxury ETF 0.2 75 -45 4.3 -8.7
IWS iShares Russell Mid-Cap Value ETF 0.2 23 7 6.8 -6.1
JAVA JPMorgan Active Value ETF 0.2 44 -14 6.4 -6.6
ROUS Hartford Multifactor US Equity ETF 0.2 19 11 7.2 -5.8
GNR SPDR S&P Global Natural Resources ETF 0.2 40 -10 11.3 -1.6
VIS Vanguard Industrials ETF 0.2 9 21 4.6 -8.4
MILN Global X Millennial Consumer ETF 0.2 50 -20 3.6 -9.3
DFAU Dimensional US Core Equity Market ETF 0.2 12 18 5.1 -7.8
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.2 95 -65 0.6 -12.4
SAGP Strategas Global Policy Opportunities ETF 0.2 65 -35 5.2 -7.8
FNDX Schwab Fundamental US Large Co. Index ETF 0.2 25 5 7.2 -5.8
MADE iShares U.S. Manufacturing ETF 0.2 40 -10 5.1 -7.9
AFLG First Trust Active Factor Large Cap ETF 0.2 55 -25 6.2 -6.8
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 27 5.0 -8.0
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.2 3 27 5.2 -7.7
VTHR Vanguard Russell 3000 ETF 0.2 7 23 5.0 -8.0
VTI Vanguard Total Stock Market ETF 0.2 3 27 5.0 -8.0
SCHB Schwab U.S. Broad Market ETF 0.2 3 27 5.1 -7.9
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 18 5.9 -7.1
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.2 8 22 4.6 -8.4
IWV iShares Russell 3000 ETF 0.2 20 10 4.9 -8.1
ITAN Sparkline Intangible Value ETF 0.2 50 -20 6.7 -6.3
IWR iShares Russell Midcap ETF 0.2 19 11 5.9 -7.1
REVS Columbia Research Enhanced Value ETF 0.2 19 11 7.7 -5.3
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 26 6.2 -6.7
CCMG CCM Global Equity ETF 0.2 34 -4 8.6 -4.4
HWAY Themes US Infrastructure ETF 0.2 29 1 6.5 -6.5
PKW Invesco Buyback Achievers ETF 0.2 62 -32 7.4 -5.6
PFM Invesco Dividend Achievers ETF 0.2 53 -23 5.3 -7.7
TXS Texas Capital Texas Equity Index ETF 0.2 49 -19 5.7 -7.3
DFUS Dimensional U.S. Equity ETF 0.2 9 21 4.9 -8.1
ERTH Invesco MSCI Sustainable Future ETF 0.2 62 -32 3.6 -9.4
LRGF iShares U.S. Equity Factor ETF 0.2 8 22 5.6 -7.4
VCR Vanguard Consumer Discretionary ETF 0.2 9 21 4.5 -8.4
VALQ American Century U.S. Quality Value ETF 0.2 29 1 7.6 -5.4
VEGN US Vegan Climate ETF 0.1 60 -30 4.5 -8.5
FNCL Fidelity MSCI Financials Index ETF 0.1 8 22 6.4 -6.6
VFMV Vanguard U.S. Minimum Volatility ETF 0.1 13 17 5.7 -7.3
SXQG ETC 6 Meridian Quality Growth ETF 0.1 100 -70 4.6 -8.3
IUS Invesco RAFI Strategic US ETF 0.1 19 11 6.8 -6.2
DGRO iShares Core Dividend Growth ETF 0.1 8 22 6.4 -6.5
VFH Vanguard Financials ETF 0.1 9 21 6.4 -6.5
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 18 4.6 -8.4
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 21 4.8 -8.2
STXM Strive Mid-Cap ETF 0.1 18 12 6.4 -6.6
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 15 7.9 -5.1
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 -12 6.5 -6.5
IYJ iShares U.S. Industrials ETF 0.1 40 -10 4.5 -8.5
DIVB iShares Core Dividend ETF 0.1 5 25 7.6 -5.4
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 9 3.8 -9.2
FILL iShares MSCI Global Energy Producers ETF 0.1 39 -9 12.0 -1.0
FDL First Trust Morningstar Dividend Leaders Index Fund 0.1 45 -15 9.4 -3.6
PRNT 3D Printing ETF 0.1 66 -36 1.3 -11.7
VIG Vanguard Dividend Appreciation ETF 0.1 5 25 5.6 -7.4
AVMC Avantis U.S. Mid Cap Equity ETF 0.1 18 12 7.0 -6.0
VT Vanguard Total World Stock ETF 0.1 6 24 6.0 -7.0
VHT Vanguard Health Care ETF 0.1 9 21 6.2 -6.8
GINN Goldman Sachs Innovate Equity ETF 0.1 52 -22 3.7 -9.3
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 18 6.6 -6.4
ITB iShares U.S. Home Construction ETF 0.1 40 -10 12.0 -1.0
VONV Vanguard Russell 1000 Value ETF 0.1 7 23 6.6 -6.4
FHLC Fidelity MSCI Health Care Index ETF 0.1 8 22 6.4 -6.6
RECS Columbia Research Enhanced Core ETF 0.1 15 15 5.8 -7.1
IWD iShares Russell 1000 Value ETF 0.1 19 11 6.5 -6.5
STXV Strive 1000 Value ETF 0.1 18 12 8.1 -4.9
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 11 6.4 -6.6
JMOM JPMorgan U.S. Momentum Factor ETF 0.1 12 18 4.5 -8.4
VGSR Vert Global Sustainable Real Estate ETF 0.1 47 -17 7.3 -5.6
DSI iShares MSCI KLD 400 Social ETF 0.1 25 5 4.9 -8.1
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -30 4.2 -8.8
IEDI iShares U.S. Consumer Focused ETF 0.1 18 12 5.2 -7.8
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 12 6.8 -6.2
FTEC Fidelity MSCI Information Technology Index ETF 0.1 8 22 4.1 -8.9
DGRW WisdomTree US Quality Dividend Growth Fund 0.1 28 2 5.5 -7.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 21 5.9 -7.1
IYH iShares U.S. Healthcare ETF 0.0 40 -10 7.0 -6.0
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 15 4.7 -8.3
PTL Inspire 500 ETF 0.0 9 21 5.4 -7.6
VGT Vanguard Information Technology ETF 0.0 9 21 4.1 -8.9
IWB iShares Russell 1000 ETF 0.0 15 15 4.9 -8.0
VONE Vanguard Russell 1000 ETF 0.0 7 23 5.0 -8.0
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.0 15 15 5.0 -8.0
STXD Strive 1000 Dividend Growth ETF 0.0 35 -5 4.9 -8.1
IYY iShares Dow Jones U.S. ETF 0.0 20 10 4.9 -8.1
SCHK Schwab 1000 Index ETF 0.0 5 25 5.1 -7.9
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 19 5.0 -8.0
AVUQ Avantis U.S. Quality ETF 0.0 15 15 4.9 -8.1
IYC iShares U.S. Consumer Discretionary ETF 0.0 40 -10 3.8 -9.2
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 26 6.8 -6.2
IGM iShares Expanded Tech Sector ETF 0.0 41 -11 3.9 -9.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 10 5.1 -7.9
SCHX Schwab U.S. Large-Cap ETF 0.0 3 27 5.1 -7.9
IWP iShares Russell Mid-Cap Growth ETF 0.0 23 7 3.4 -9.5
STXG Strive 1000 Growth ETF 0.0 18 12 3.9 -9.0
IWF iShares Russell 1000 Growth ETF 0.0 19 11 4.4 -8.5
VONG Vanguard Russell 1000 Growth ETF 0.0 7 23 4.6 -8.4
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 18 4.6 -8.4

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

  2020 2021 2022 2023 2024 2025E 2026E
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
  2024 2025E 2026E
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 13.1 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 30 bp
Equals: ALTAR Score 13.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.76 CATEGORY
AVERAGE		 1.59
 
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.