Invesco S&P SmallCap High Dividend Low Volatility ETF
ALTAR
Score™		 12.3% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 8.9x P/Sales
ratio		 1.4x
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) $71
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 3.7 %
UNIVERSAL HEALTH RLTY INCOME 3.2 %
TWO HARBORS INVESTMENT CORP 3.1 %
APOLLO COMMERCIAL REAL ESTAT 3.0 %
NEW YORK MORTGAGE TRUST INC 2.9 %
CLEARWAY ENERGY, INC. CLASS C 2.8 %
ARMOUR RESIDENTIAL REIT INC 2.8 %
ELLINGTON FINANCIAL LLC 2.7 %
LTC PROPERTIES INC 2.7 %
CAPITAL TRUST-CL A 2.7 %
Total 29.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 87.6 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-10.0% -5.7% 1.9% -- -2.2%

Market Correlations
versus... Beta R-squared
S&P500 1.10 58%
MSCI EAFE 1.07 58%
MSCI Emg. Mkts. 0.72 26%

Technical Indicators
Recent close $13.64
30d moving avg. $13.00
Annualized volatility 23.9%
Short interest (ETF) 0.1%
Short interest (Underlying) 5.5%
Relative strength (RSI) 46

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 431 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™: 12.3%


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 22.4 25 5 7.8 -4.5
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 20.3 35 -5 9.6 -2.7
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 19.0 29 1 4.6 -7.7
SMDV ProShares Russell 2000 Dividend Growers ETF 18.6 40 -10 7.5 -4.8
MORT VanEck Mortgage REIT Income ETF 16.9 43 -13 52.0 +39.7
REM iShares Mortgage Real Estate ETF 16.6 48 -18 61.7 +49.5
RIET Hoya Capital High Dividend Yield ETF 15.9 50 -20 45.2 +33.0
KBWY Invesco KBW Premium Yield Equity REIT ETF 13.5 35 -5 9.5 -2.8
DES WisdomTree U.S. SmallCap Dividend Fund 13.4 38 -8 9.6 -2.7
DIV Global X SuperDividend US ETF 12.3 45 -15 12.1 -0.2
IJS iShares S&P Small-Cap 600 Value ETF 12.2 18 12 10.5 -1.8
RZV Invesco S&P Smallcap 600 Pure Value ETF 11.8 35 -5 11.4 -0.9
SLYV SPDR S&P 600 Small Cap Value ETF 11.6 15 15 10.5 -1.8
XSVM Invesco S&P SmallCap Value with Momentum ETF 11.6 36 -6 12.3 +0.1
VIOV Vanguard S&P Small-Cap 600 Value ETF 11.5 15 15 10.5 -1.8
FYT First Trust Small Cap Value AlphaDEX Fund 11.5 73 -43 11.6 -0.7
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 11.4 38 -8 10.5 -1.8
SRET Global X SuperDividend REIT ETF 11.0 59 -29 12.4 +0.1
TMDV ProShares Russell US Dividend Growers ETF 10.5 35 -5 6.4 -5.8
PEY Invesco High Yield Equity Dividend Achievers ETF 9.9 52 -22 10.2 -2.1
REAI Intelligent Real Estate ETF 9.5 59 -29 13.0 +0.8
SIXS ETC 6 Meridian Small Cap Equity ETF 9.2 89 -59 10.4 -1.8
KBWD Invesco KBW High Dividend Yield Financial ETF 9.2 384 -354 13.5 +1.2
XJR iShares ESG Screened S&P Small-Cap ETF 8.9 12 18 7.6 -4.6
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 8.8 15 15 8.2 -4.1
IJR iShares Core S&P Small Cap ETF 8.8 6 24 8.1 -4.2
ROSC Hartford Multifactor Small Cap ETF 8.8 34 -4 10.1 -2.2
RWJ Invesco S&P SmallCap 600 Revenue ETF 8.7 39 -9 10.0 -2.3
RDOG ALPS REIT Dividend Dogs ETF 8.4 35 -5 9.1 -3.2
ESIX SPDR S&P SmallCap 600 ESG ETF 8.4 12 18 8.7 -3.6
FLQS Franklin U.S. Small Cap Multifactor Index ETF 8.4 35 -5 9.8 -2.5
VIOO Vanguard S&P Small-Cap 600 ETF 8.4 10 20 8.0 -4.3
SPSM SPDR Portfolio S&P 600 Small Cap ETF 8.4 3 27 8.1 -4.2
SDIV Global X Superdividend ETF 8.0 58 -28 42.2 +29.9
PSCC Invesco S&P SmallCap Consumer Staples ETF 8.0 29 1 7.4 -4.8
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 7.6 12 18 7.5 -4.8
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 7.4 29 1 8.9 -3.3
FYX First Trust Small Cap Core AlphaDEX Fund 7.1 61 -31 6.6 -5.7
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 7.1 48 -18 8.3 -4.0
IFRA iShares U.S. Infrastructure ETF 7.1 30 0 6.5 -5.8
TPSC Timothy Plan US Small Cap Core ETF 6.6 52 -22 7.1 -5.2
EES WisdomTree U.S. SmallCap Fund 6.5 38 -8 9.3 -2.9
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 6.4 80 -50 8.1 -4.2
NETL NETLease Corporate Real Estate ETF 6.3 60 -30 8.3 -4.0
CSA VictoryShares US Small Cap Volatility Wtd ETF 6.2 35 -5 8.1 -4.2
USVM VictoryShares US Small Mid Cap Value Momentum ETF 6.1 25 5 8.2 -4.0
PSCF Invesco S&P SmallCap Financials ETF 5.9 29 1 9.7 -2.6
ISMD Inspire Small/Mid Cap ETF 5.8 54 -24 6.1 -6.2
AFSM First Trust Active Factor Small Cap ETF 5.7 75 -45 7.7 -4.6
IJT iShares S&P Small-Cap 600 Growth ETF 5.6 18 12 5.7 -6.6
RFDA RiverFront Dynamic US Dividend Advantage ETF 5.6 52 -22 7.0 -5.3
FVD First Trust Value Line Dividend Index Fund 5.6 65 -35 6.2 -6.0
SIXL ETC 6 Meridian Low Beta Equity ETF 5.5 80 -50 6.1 -6.2
WDIV SPDR S&P Global Dividend ETF 5.5 40 -10 9.7 -2.5
VIOG Vanguard S&P Small-Cap 600 Growth ETF 5.4 15 15 5.8 -6.5
SLYG SPDR S&P 600 Small Cap Growth ETF 5.4 15 15 5.7 -6.5
XSHQ Invesco S&P SmallCap Quality ETF 5.4 29 1 8.3 -4.0
AVUV Avantis U.S. Small Cap Value ETF 5.3 25 5 10.5 -1.8
PPTY US Diversified Real Estate ETF 5.2 53 -23 7.6 -4.7
BSVO EA Bridgeway Omni Small-Cap Value ETF 5.2 47 -17 9.8 -2.5
AVSC Avantis U.S Small Cap Equity ETF 4.9 25 5 6.3 -6.0
IWN iShares Russell 2000 Value ETF 4.8 24 6 8.1 -4.2
FNDA Schwab Fundamental US Small Co. Index ETF 4.8 25 5 8.2 -4.1
VTWV Vanguard Russell 2000 Value ETF 4.7 15 15 8.1 -4.2
WBIY WBI Power Factor High Dividend ETF 4.6 100 -70 17.1 +4.9
BLDG Cambria Global Real Estate ETF 4.6 60 -30 12.2 -0.1
GRPZ Invesco S&P SmallCap 600 GARP ETF 4.5 35 -5 10.7 -1.6
CGW Invesco S&P Global Water Index ETF 4.4 57 -27 4.7 -7.6
DESK VanEck Office and Commercial REIT ETF 4.4 50 -20 12.7 +0.4
PSCI Invesco S&P SmallCap Industrials ETF 4.2 29 1 5.8 -6.5
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 4.2 9 21 4.7 -7.6
CVAR Cultivar ETF 4.1 87 -57 7.2 -5.1
XSMO Invesco S&P SmallCap Momentum ETF 4.0 39 -9 5.8 -6.5
SYLD Cambria Shareholder Yield ETF 4.0 59 -29 11.8 -0.4
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 3.9 39 -9 6.7 -5.6
SQLV Royce Quant Small-Cap Quality Value ETF 3.8 60 -30 10.1 -2.2
FESM Fidelity Enhanced Small Cap ETF 3.7 28 2 8.1 -4.2
ISCV iShares Morningstar Small Cap Value ETF 3.7 6 24 9.7 -2.6
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 3.7 35 -5 7.2 -5.1
RZG Invesco S&P Smallcap 600 Pure Growth ETF 3.7 35 -5 4.3 -8.0
PSCE Invesco S&P SmallCap Energy ETF 3.6 29 1 12.2 -0.1
AQWA Global X Clean Water ETF 3.6 50 -20 5.0 -7.3
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 3.6 20 10 6.1 -6.2
RSSL Global X Russell 2000 ETF 3.6 8 22 4.7 -7.6
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 3.5 59 -29 6.3 -5.9
IWM iShares Russell 2000 ETF 3.5 19 11 4.7 -7.5
DEEP Roundhill Acquirers Deep Value ETF 3.5 80 -50 18.6 +6.3
VTWO Vanguard Russell 2000 ETF 3.5 10 20 4.7 -7.5
BKSE BNY Mellon US Small Cap Core Equity ETF 3.4 4 26 6.3 -5.9
CGV Conductor Global Equity Value ETF 3.4 130 -100 9.3 -3.0
FIW First Trust Water ETF 3.4 53 -23 4.8 -7.5
PSCM Invesco S&P SmallCap Materials ETF 3.4 29 1 14.3 +2.0
SVAL iShares US Small Cap Value Factor ETF 3.4 20 10 11.2 -1.1
DSMC Distillate Small/Mid Cash Flow ETF 3.3 55 -25 13.5 +1.2
XHS SPDR S&P Health Care Services ETF 3.3 35 -5 3.5 -8.8
STXK Strive Small-Cap ETF 3.3 18 12 6.4 -5.8
VAMO Cambria Value & Momentum ETF 3.2 61 -31 6.7 -5.6
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 3.2 60 -30 8.2 -4.1
PSCH Invesco S&P SmallCap Health Care ETF 3.2 29 1 4.3 -8.0
ETHO Etho Climate Leadership U.S. ETF 3.1 47 -17 5.6 -6.6
HAPS Harbor Human Capital Factor US Small Cap ETF 3.0 60 -30 4.3 -8.0
SCHA Schwab U.S. Small-Cap ETF 2.9 4 26 6.5 -5.8
AFMC First Trust Active Factor Mid Cap ETF 2.9 65 -35 8.7 -3.6
NIXT Research Affiliates Deletions ETF 2.9 9 21 5.8 -6.5
WCEO Hypatia Women CEO ETF 2.9 85 -55 4.8 -7.5
CALF Pacer US Small Cap Cash Cows 100 ETF 2.9 59 -29 11.5 -0.7
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 2.8 20 10 5.7 -6.6
PSC Principal U.S. Small-Cap ETF 2.8 38 -8 7.0 -5.2
FDM First Trust Dow Jones Select MicroCap Index Fund 2.8 60 -30 8.2 -4.1
VCLN Virtus Duff & Phelps Clean Energy ETF 2.8 59 -29 5.8 -6.5
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 2.8 55 -25 5.8 -6.4
ACES ALPS Clean Energy ETF 2.8 55 -25 -3.3 -15.6
FXU First Trust Utilities AlphaDEX Fund 2.8 64 -34 5.5 -6.8
TAN Invesco Solar ETF 2.8 67 -37 7.9 -4.4
DFSV Dimensional US Small Cap Value ETF 2.7 31 -1 10.8 -1.4
EFRA iShares Environmental Infrastructure and Industrials ETF 2.7 47 -17 5.2 -7.0
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 2.7 39 -9 6.1 -6.2
TOKE Cambria Cannabis ETF 2.6 42 -12 -0.3 -12.6
OSCV Opus Small Cap Value ETF 2.6 79 -49 6.9 -5.4
PHO Invesco Water Resources ETF 2.6 60 -30 4.6 -7.7
IRET iREIT - MarketVector Quality REIT Index ETF 2.6 60 -30 7.6 -4.7
JRE Janus Henderson U.S. Real Estate ETF 2.6 65 -35 7.5 -4.8
DFAT Dimensional U.S. Targeted Value ETF 2.6 28 2 10.0 -2.3
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 2.6 29 1 11.0 -1.3
RNRG Global X Renewable Energy Producers ETF 2.5 66 -36 5.9 -6.4
DFAS Dimensional U.S. Small Cap ETF 2.5 26 4 6.8 -5.5
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 2.5 15 15 7.5 -4.8
ESML iShares ESG Aware MSCI USA Small-Cap ETF 2.5 17 13 6.1 -6.2
SURE AdvisorShares Insiders Advantage ETF 2.4 90 -60 9.9 -2.3
VBR Vanguard Small Cap Value ETF 2.4 7 23 9.4 -2.9
FRNW Fidelity Clean Energy ETF 2.4 39 -9 4.3 -8.0
FSCS First Trust SMID Capital Strength ETF 2.4 60 -30 6.9 -5.4
FYC First Trust Small Cap Growth AlphaDEX Fund 2.4 71 -41 0.5 -11.8
FAB First Trust Multi Cap Value AlphaDEX Fund 2.4 67 -37 10.5 -1.8
NUSC Nuveen ESG Small-Cap ETF 2.4 31 -1 5.6 -6.7
ISCB iShares Morningstar Small-Cap ETF 2.3 4 26 6.3 -5.9
CCNR ALPS CoreCommodity Natural Resources ETF 2.3 39 -9 12.1 -0.2
IWO iShares Russell 2000 Growth ETF 2.3 24 6 1.4 -10.9
VTWG Vanguard Russell 2000 Growth ETF 2.3 15 15 1.5 -10.8
FSMD Fidelity Small-Mid Multifactor ETF 2.2 15 15 7.3 -5.0
PBJ Invesco Food & Beverage ETF 2.2 57 -27 4.8 -7.5
PSL Invesco Dorsey Wright Consumer Staples Momentum ETF 2.2 60 -30 5.9 -6.4
HOMZ Hoya Capital Housing ETF 2.1 30 0 8.8 -3.5
PXI Invesco Dorsey Wright Energy Momentum ETF 2.1 60 -30 7.5 -4.8
GDIV Harbor Dividend Growth Leaders ETF 2.1 50 -20 5.3 -7.0
IPDP Dividend Performers ETF 2.1 122 -92 4.9 -7.4
PUI Invesco Dorsey Wright Utilities Momentum ETF 2.1 60 -30 5.4 -6.9
XOP SPDR S&P Oil & Gas Exploration & Production ETF 2.0 35 -5 16.0 +3.7
SFLO VictoryShares Small Cap Free Cash Flow ETF 2.0 49 -19 12.3 +0.1
LST Leuthold Select Industries ETF 2.0 91 -61 5.6 -6.6
ECML Euclidean Fundamental Value ETF 1.9 95 -65 13.1 +0.8
LQPE PEO AlphaQuest Thematic PE ETF 1.9 125 -95 6.6 -5.6
FTRI First Trust Indxx Global Natural Resources Income ETF 1.9 70 -40 8.6 -3.7
NDIV Amplify Natural Resources Dividend Income ETF 1.9 59 -29 10.5 -1.8
FUTY Fidelity MSCI Utilities Index ETF 1.8 8 22 5.3 -6.9
GVLU Gotham 1000 Value ETF 1.8 50 -20 9.1 -3.2
VPU Vanguard Utilities ETF 1.7 10 20 5.3 -7.0
SMLF iShares U.S. SmallCap Equity Factor ETF 1.7 15 15 6.5 -5.7
FDLS Inspire Fidelis Multi Factor ETF 1.7 76 -46 5.1 -7.2
VB Vanguard Small-Cap ETF 1.7 5 25 6.3 -5.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.6 56 -26 12.3 +0.0
AZTD Aztlan Global Stock Selection DM SMID ETF 1.6 75 -45 8.0 -4.3
FXH First Trust Health Care AlphaDEX Fund 1.6 62 -32 8.7 -3.6
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.6 60 -30 2.1 -10.2
VXF Vanguard Extended Market ETF 1.6 6 24 5.0 -7.3
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.5 70 -40 2.9 -9.4
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.5 58 -28 -3.1 -15.4
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 1.5 55 -25 10.6 -1.6
PXJ Invesco Oil & Gas Services ETF 1.5 63 -33 6.7 -5.6
IEZ iShares U.S. Oil Equipment & Services ETF 1.5 40 -10 5.4 -6.9
XES SPDR S&P Oil & Gas Equipment & Services ETF 1.5 35 -5 3.7 -8.5
RNMC First Trust Mid Cap US Equity Select ETF 1.5 60 -30 6.3 -6.0
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.5 24 6 8.0 -4.2
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 1.5 56 -26 6.4 -5.9
TPYP Tortoise North American Pipeline Fund 1.4 40 -10 5.7 -6.6
IWC iShares Micro-Cap ETF 1.4 60 -30 -0.7 -12.9
FTXN First Trust Nasdaq Oil & Gas ETF 1.4 60 -30 12.8 +0.5
DEW WisdomTree Global High Dividend Fund 1.4 58 -28 8.8 -3.5
VFMF Vanguard U.S. Multifactor ETF 1.3 18 12 8.3 -4.0
ICLN iShares Global Clean Energy ETF 1.3 41 -11 6.0 -6.3
RNEW VanEck Green Infrastructure ETF 1.3 45 -15 -1.5 -13.8
FOVL iShares Focused Value Factor ETF 1.3 25 5 10.1 -2.2
XRT SPDR S&P Retail ETF 1.3 35 -5 8.8 -3.5
XTL SPDR S&P Telecom ETF 1.3 35 -5 2.5 -9.7
FDHT Fidelity Digital Health ETF 1.3 39 -9 0.9 -11.4
EIPX FT Energy Income Partners Strategy ETF 1.2 95 -65 7.8 -4.5
FCG First Trust Natural Gas ETF 1.2 60 -30 19.4 +7.1
PXE Invesco Energy Exploration & Production ETF 1.2 60 -30 16.6 +4.3
TMFS Motley Fool Small-Cap Growth ETF 1.2 85 -55 3.4 -8.9
ZIG Acquirers Fund 1.2 84 -54 20.5 +8.2
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 1.2 49 -19 4.3 -8.0
JSML Janus Henderson Small Cap Growth Alpha ETF 1.2 30 0 8.1 -4.2
ABLD Abacus FCF Real Assets Leaders ETF 1.2 69 -39 6.7 -5.6
BFOR ALPS Barron's 400 ETF 1.2 65 -35 6.1 -6.2
FAN First Trust Global Wind Energy ETF 1.2 60 -30 4.9 -7.4
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.2 7 23 6.3 -5.9
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 1.1 60 -30 7.1 -5.1
BOTT Themes Robotics & Automation ETF 1.1 35 -5 5.1 -7.2
FXD First Trust Consumer Discretionary AlphaDEX Fund 1.1 61 -31 7.7 -4.6
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 1.1 11 19 7.8 -4.5
TDV ProShares S&P Technology Dividend Aristocrats ETF 1.1 45 -15 5.5 -6.8
SIXG Defiance Connective Technologies ETF 1.1 30 0 4.2 -8.1
VEGI iShares MSCI Agriculture Producers ETF 1.1 39 -9 8.6 -3.7
VFQY Vanguard U.S. Quality Factor ETF 1.1 13 17 6.4 -5.8
DON WisdomTree U.S. MidCap Dividend Fund 1.1 38 -8 8.9 -3.3
VFVA Vanguard U.S. Value Factor ETF 1.1 13 17 11.5 -0.8
PKB Invesco Building & Construction ETF 1.1 62 -32 4.6 -7.7
DHS WisdomTree U.S. High Dividend Fund 1.1 38 -8 8.3 -4.0
FSTA FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF 1.1 8 22 5.5 -6.7
VDC Vanguard Consumer Staples ETF 1.0 10 20 5.5 -6.8
GQRE FlexShares Global Quality Real Estate Index Fund 1.0 45 -15 7.8 -4.5
QDEF FlexShares Quality Dividend Defensive Index Fund 1.0 37 -7 6.2 -6.1
EZM WisdomTree U.S. MidCap Fund 1.0 38 -8 9.4 -2.9
JHSC John Hancock Multifactor Small Cap ETF 1.0 42 -12 7.0 -5.3
ISCG iShares Morningstar Small-Cap Growth ETF 1.0 6 24 2.9 -9.4
QMOM Alpha Architect U.S. Quantitative Momentum ETF 1.0 39 -9 3.7 -8.6
QVAL Alpha Architect US Quantitative Value ETF 1.0 39 -9 10.0 -2.3
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 1.0 79 -49 5.1 -7.2
SMCF Themes US Small Cap Cash Flow Champions ETF 1.0 29 1 13.2 +0.9
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.9 24 6 8.2 -4.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.9 64 -34 2.3 -10.0
HKND Humankind US Stock ETF 0.9 11 19 7.4 -4.9
QDF FlexShares Quality Dividend Index Fund 0.9 37 -7 6.5 -5.8
JVAL JPMorgan U.S. Value Factor ETF 0.9 12 18 8.6 -3.7
ICAP InfraCap Equity Income Fund ETF 0.9 171 -141 7.0 -5.3
MLPX Global X MLP & Energy Infrastructure ETF 0.9 45 -15 5.4 -6.9
EINC VanEck Energy Income ETF 0.9 48 -18 5.3 -6.9
USAI Pacer American Energy Independence ETF 0.9 75 -45 4.8 -7.5
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 0.9 55 -25 4.7 -7.6
FRI First Trust S&P REIT Index Fund 0.9 50 -20 7.3 -5.0
VRAI Virtus Real Asset Income ETF 0.9 55 -25 10.4 -1.9
ZAP Global X U.S. Electrification ETF 0.9 50 -20 4.5 -7.8
FNX First Trust Mid Cap Core AlphaDEX Fund 0.8 60 -30 7.8 -4.5
USRT iShares Core U.S. REIT ETF 0.8 8 22 7.6 -4.6
EQAL Invesco Russell 1000 Equal Weight ETF 0.8 20 10 7.1 -5.2
IHF iShares U.S. Healthcare Providers ETF 0.8 40 -10 7.9 -4.4
SDY SPDR S&P Dividend ETF 0.8 35 -5 6.5 -5.7
IEO iShares U.S. Oil & Gas Exploration & Production ETF 0.8 40 -10 13.0 +0.7
SMOT VanEck Morningstar SMID Moat ETF 0.8 49 -19 6.9 -5.4
CUT Invesco MSCI Global Timber ETF 0.8 61 -31 10.1 -2.2
IVEG iShares Emergent Food and AgTech Multisector ETF 0.8 47 -17 9.0 -3.3
COWS Amplify Cash Flow Dividend Leaders ETF 0.8 0 30 12.6 +0.3
RWR SPDR Dow Jones REIT ETF 0.8 25 5 7.4 -4.9
COPY Tweedy, Browne Insider + Value ETF 0.8 80 -50 12.6 +0.3
ONEY SPDR Russell 1000 Yield Focus ETF 0.8 20 10 9.8 -2.5
VAW Vanguard Materials ETF 0.8 10 20 6.5 -5.8
UDI USCF Dividend Income Fund 0.8 65 -35 8.4 -3.9
RNSC Furst Trust Small Cap US Equity Select ETF 0.8 60 -30 5.9 -6.4
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 0.8 60 -30 5.9 -6.4
SCDV Bahl & Gaynor Small Cap Dividend ETF 0.8 70 -40 4.8 -7.5
HLGE Hartford Longevity Economy ETF 0.8 44 -14 6.4 -5.9
DFAR Dimensional US Real Estate ETF 0.7 19 11 7.9 -4.4
CGDG Capital Group Dividend Growers ETF 0.7 47 -17 6.3 -5.9
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.7 25 5 6.0 -6.3
QLV FlexShares US Quality Low Volatility Index Fund 0.7 22 8 5.7 -6.6
PSCT Invesco S&P SmallCap Information Technology ETF 0.7 29 1 5.5 -6.7
SCHH Schwab U.S. REIT ETF 0.7 7 23 7.9 -4.4
VFMO Vanguard U.S. Momentum Factor ETF 0.7 13 17 3.2 -9.1
EBI Longview Advantage ETF 0.7 35 -5 6.9 -5.4
EIPI FT Energy Income Partners Enhanced Income ETF 0.7 110 -80 6.3 -6.0
ACTV LeaderShares Activist Leaders ETF 0.7 75 -45 5.5 -6.8
VNQ Vanguard Real Estate ETF 0.7 12 18 7.4 -4.9
FMAT Fidelity MSCI Materials Index ETF 0.7 8 22 6.5 -5.8
FCOM Fidelity MSCI Communication Services Index ETF 0.7 8 22 5.0 -7.3
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.7 43 -13 6.3 -6.0
FENY Fidelity MSCI Energy Index ETF 0.7 8 22 9.5 -2.8
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.7 46 -16 10.6 -1.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.7 29 1 6.6 -5.7
NANR SPDR S&P North American Natural Resources ETF 0.6 35 -5 8.7 -3.5
OIH VanEck Oil Services ETF 0.6 35 -5 5.3 -7.0
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.6 61 -31 6.8 -5.4
VBK Vanguard Small-Cap Growth ETF 0.6 7 23 1.9 -10.3
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.6 30 0 8.2 -4.1
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.6 30 0 6.8 -5.4
VDE Vanguard Energy ETF 0.6 10 20 9.5 -2.8
VLU SPDR S&P 1500 Value Tilt ETF 0.6 12 18 7.8 -4.5
FREL Fidelity MSCI Real Estate Index ETF 0.6 8 22 7.5 -4.8
EMLP First Trust North American Energy Infrastructure Fund 0.6 95 -65 5.3 -7.0
REET iShares Global REIT ETF 0.6 14 16 7.5 -4.8
DTD WisdomTree U.S. Total Dividend Fund 0.6 28 2 6.5 -5.8
AGNG Global X Aging Population ETF 0.6 50 -20 5.0 -7.3
VOX Vanguard Communication Services ETF 0.6 10 20 5.0 -7.3
FTXG First Trust Nasdaq Food & Beverage ETF 0.6 60 -30 6.7 -5.5
IGE iShares North American Natural Resources ETF 0.6 41 -11 8.1 -4.1
ANEW ProShares MSCI Transformational Changes ETF 0.6 45 -15 6.2 -6.1
SEIQ SEI Enhanced U.S. Large Cap Quality Factor ETF 0.5 15 15 7.3 -5.0
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.5 27 3 7.0 -5.2
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.5 46 -16 5.5 -6.8
BOUT Innovator IBD Breakout Opportunities ETF 0.5 81 -51 3.1 -9.2
DVY iShares Select Dividend ETF 0.5 38 -8 9.4 -2.9
FSST Fidelity Sustainable U.S. Equity ETF 0.5 59 -29 4.6 -7.7
PAVE Global X U.S. Infrastructure Development ETF 0.5 47 -17 5.7 -6.5
RWO SPDR Dow Jones Global Real Estate ETF 0.5 50 -20 7.0 -5.3
ERET iShares Environmentally Aware Real Estate ETF 0.5 30 0 7.5 -4.8
SFYX SoFi Next 500 ETF 0.5 0 30 5.9 -6.4
JSTC Adasina Social Justice All Cap Global ETF 0.5 89 -59 4.5 -7.8
PRAY FIS Christian Stock Fund 0.5 69 -39 5.4 -6.9
FNDB Schwab Fundamental US Broad Market Index ETF 0.5 25 5 7.4 -4.8
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.5 20 10 7.6 -4.6
DFGR Dimensional Global Real Estate ETF 0.5 22 8 7.4 -4.8
FLOW Global X U.S. Cash Flow Kings 100 ETF 0.5 25 5 11.8 -0.5
REZ iShares Residential and Multisector Real Estate ETF 0.5 48 -18 6.2 -6.1
OPTZ Optimize Strategy Index ETF 0.5 50 -20 5.1 -7.2
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.5 50 -20 5.9 -6.3
DFAC Dimensional U.S. Core Equity 2 ETF 0.5 17 13 5.8 -6.5
AIEQ AI Powered Equity ETF 0.5 75 -45 5.3 -7.0
VYM Vanguard High Dividend Yield Index ETF 0.4 6 24 7.4 -4.9
IDU iShares U.S. Utilities ETF 0.4 40 -10 4.7 -7.5
HART IQ Healthy Hearts ETF 0.4 45 -15 6.6 -5.7
DFUV Dimensional US Marketwide Value ETF 0.4 22 8 8.0 -4.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 12 7.8 -4.5
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.4 38 -8 6.2 -6.1
BLCV iShares Large Cap Value Active ETF 0.4 53 -23 7.5 -4.8
AVUS Avantis U.S. Equity ETF 0.4 15 15 6.1 -6.2
DCOR Dimensional US Core Equity 1 ETF 0.4 14 16 5.6 -6.7
SCHD Schwab US Dividend Equity ETF 0.4 6 24 9.9 -2.4
SMMD iShares Russell 2500 ETF 0.4 15 15 6.6 -5.7
DFSU Dimensional US Sustainability Core 1 ETF 0.4 18 12 5.6 -6.7
HDUS Hartford Disciplined US Equity ETF 0.4 19 11 5.9 -6.4
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.3 5 25 8.1 -4.1
FLQL Franklin LibertyQ U.S. Equity ETF 0.3 15 15 5.6 -6.7
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 13 7.0 -5.3
ONEO SPDR Russell 1000 Momentum Focus ETF 0.3 20 10 7.1 -5.2
SCHM Schwab U.S. Mid-Cap ETF 0.3 4 26 6.9 -5.4
FMDE Fidelity Enhanced Mid Cap ETF 0.3 23 7 5.9 -6.4
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.3 15 15 6.1 -6.1
FNK First Trust Mid Cap Value AlphaDEX Fund 0.3 70 -40 11.7 -0.6
FIDU Fidelity MSCI Industrial Index ETF 0.3 8 22 4.6 -7.7
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.3 95 -65 0.6 -11.7
MILN Global X Millennial Consumer ETF 0.3 50 -20 3.7 -8.6
AVSU Avantis Responsible U.S. Equity ETF 0.3 15 15 6.3 -6.0
PRF Invesco FTSE RAFI US 1000 ETF 0.3 39 -9 7.1 -5.2
DRLL Strive U.S. Energy ETF 0.3 41 -11 10.4 -1.8
AVRE Avantis Real Estate ETF 0.3 17 13 7.1 -5.2
IWS iShares Russell Mid-Cap Value ETF 0.2 23 7 6.9 -5.3
VIS Vanguard Industrials ETF 0.2 10 20 4.7 -7.6
OCEN IQ Clean Oceans ETF 0.2 45 -15 6.6 -5.7
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 -17 5.8 -6.5
JAVA JPMorgan Active Value ETF 0.2 44 -14 6.6 -5.7
ROUS Hartford Multifactor US Equity ETF 0.2 19 11 7.2 -5.1
GNR SPDR S&P Global Natural Resources ETF 0.2 40 -10 11.7 -0.6
DFAU Dimensional US Core Equity Market ETF 0.2 12 18 5.3 -7.0
LUX Tema Luxury ETF 0.2 75 -45 4.3 -7.9
ITAN Sparkline Intangible Value ETF 0.2 50 -20 6.5 -5.8
SAGP Strategas Global Policy Opportunities ETF 0.2 65 -35 5.4 -6.9
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.2 3 27 5.4 -6.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 27 5.1 -7.1
FNDX Schwab Fundamental US Large Co. Index ETF 0.2 25 5 7.4 -4.9
IWV iShares Russell 3000 ETF 0.2 20 10 5.0 -7.3
SCHB Schwab U.S. Broad Market ETF 0.2 3 27 5.2 -7.0
VTHR Vanguard Russell 3000 ETF 0.2 10 20 5.1 -7.2
VTI Vanguard Total Stock Market ETF 0.2 3 27 5.1 -7.2
CCMG CCM Global Equity ETF 0.2 34 -4 8.8 -3.4
PKW Invesco Buyback Achievers ETF 0.2 62 -32 7.6 -4.7
IWR iShares Russell Midcap ETF 0.2 19 11 5.9 -6.3
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 18 5.9 -6.4
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.2 8 22 4.6 -7.7
LRGF iShares U.S. Equity Factor ETF 0.2 8 22 5.7 -6.6
DFUS Dimensional U.S. Equity ETF 0.2 9 21 5.1 -7.2
PFM Invesco Dividend Achievers ETF 0.2 53 -23 5.4 -6.8
REVS Columbia Research Enhanced Value ETF 0.2 19 11 7.9 -4.4
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 26 6.3 -5.9
DIVB iShares Core Dividend ETF 0.2 5 25 7.9 -4.4
HWAY Themes US Infrastructure ETF 0.2 29 1 6.7 -5.6
ERTH Invesco MSCI Sustainable Future ETF 0.2 62 -32 3.5 -8.8
IUS Invesco RAFI Strategic US ETF 0.2 19 11 6.9 -5.4
TXS Texas Capital Texas Equity Index ETF 0.2 49 -19 5.8 -6.5
MADE iShares U.S. Manufacturing ETF 0.2 40 -10 5.3 -7.0
VCR Vanguard Consumer Discretionary ETF 0.2 10 20 4.6 -7.7
KOMP SPDR S&P Kensho New Economies Composite ETF 0.2 20 10 3.5 -8.8
VALQ American Century U.S. Quality Value ETF 0.2 29 1 7.7 -4.5
DGRO iShares Core Dividend Growth ETF 0.1 8 22 6.6 -5.7
STXM Strive Mid-Cap ETF 0.1 18 12 6.5 -5.8
FNCL Fidelity MSCI Financials Index ETF 0.1 8 22 6.4 -5.9
VFMV Vanguard U.S. Minimum Volatility ETF 0.1 13 17 5.7 -6.6
SXQG ETC 6 Meridian Quality Growth ETF 0.1 100 -70 4.4 -7.9
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 21 4.9 -7.3
GOP Unusual Whales Subversive Republican Trading ETF 0.1 50 -20 6.1 -6.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 18 4.7 -7.6
IYJ iShares U.S. Industrials ETF 0.1 40 -10 4.5 -7.7
VFH Vanguard Financials ETF 0.1 10 20 6.5 -5.8
AFLG First Trust Active Factor Large Cap ETF 0.1 55 -25 6.2 -6.1
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 15 8.0 -4.2
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 -12 6.5 -5.8
IEDI iShares U.S. Consumer Focused ETF 0.1 18 12 5.2 -7.1
FDL First Trust Morningstar Dividend Leaders Index Fund 0.1 45 -15 9.5 -2.7
VIG Vanguard Dividend Appreciation ETF 0.1 6 24 5.7 -6.5
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 9 4.0 -8.3
VT Vanguard Total World Stock ETF 0.1 7 23 6.2 -6.1
FILL iShares MSCI Global Energy Producers ETF 0.1 39 -9 12.3 0.0
PRNT 3D Printing ETF 0.1 66 -36 1.4 -10.9
VHT Vanguard Health Care ETF 0.1 10 20 6.3 -6.0
GINN Goldman Sachs Innovate Equity ETF 0.1 52 -22 4.1 -8.1
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 18 6.7 -5.6
VONV Vanguard Russell 1000 Value ETF 0.1 8 22 6.7 -5.6
STXV Strive 1000 Value ETF 0.1 18 12 8.3 -4.0
ITB iShares U.S. Home Construction ETF 0.1 40 -10 12.3 +0.0
FHLC Fidelity MSCI Health Care Index ETF 0.1 8 22 6.5 -5.8
RECS Columbia Research Enhanced Core ETF 0.1 15 15 6.1 -6.2
IWD iShares Russell 1000 Value ETF 0.1 19 11 6.6 -5.7
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -30 4.8 -7.5
DSI iShares MSCI KLD 400 Social ETF 0.1 25 5 5.1 -7.2
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 11 6.5 -5.8
JMOM JPMorgan U.S. Momentum Factor ETF 0.1 12 18 4.6 -7.7
VGSR Vert Global Sustainable Real Estate ETF 0.1 47 -17 7.2 -5.1
VEGN US Vegan Climate ETF 0.1 60 -30 4.6 -7.6
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 21 6.1 -6.2
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 12 6.9 -5.4
DGRW WisdomTree US Quality Dividend Growth Fund 0.1 28 2 5.7 -6.6
FTEC Fidelity MSCI Information Technology Index ETF 0.1 8 22 4.3 -8.0
IYH iShares U.S. Healthcare ETF 0.0 40 -10 7.1 -5.2
IWB iShares Russell 1000 ETF 0.0 15 15 5.1 -7.2
VONE Vanguard Russell 1000 ETF 0.0 8 22 5.2 -7.1
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 15 4.8 -7.5
PTL Inspire 500 ETF 0.0 9 21 5.5 -6.8
VGT Vanguard Information Technology ETF 0.0 10 20 4.3 -8.0
STXD Strive 1000 Dividend Growth ETF 0.0 35 -5 5.0 -7.2
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.0 15 15 5.1 -7.2
IYY iShares Dow Jones U.S. ETF 0.0 20 10 5.0 -7.3
SCHK Schwab 1000 Index ETF 0.0 5 25 5.3 -7.0
IYC iShares U.S. Consumer Discretionary ETF 0.0 40 -10 3.8 -8.5
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 19 5.1 -7.2
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 26 6.9 -5.4
IGM iShares Expanded Tech Sector ETF 0.0 41 -11 4.2 -8.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 10 5.3 -7.0
SCHX Schwab U.S. Large-Cap ETF 0.0 3 27 5.2 -7.1
IWP iShares Russell Mid-Cap Growth ETF 0.0 23 7 3.4 -8.9
STXG Strive 1000 Growth ETF 0.0 18 12 4.0 -8.2
IWF iShares Russell 1000 Growth ETF 0.0 19 11 4.5 -7.7
VONG Vanguard Russell 1000 Growth ETF 0.0 8 22 4.6 -7.6
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 18 4.6 -7.7

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 12.6 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 30 bp
Equals: ALTAR Score 12.3 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.80 CATEGORY
AVERAGE		 1.58
 
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.