Invesco S&P SmallCap High Dividend Low Volatility ETF
ALTAR
Score™		 13.6% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 8.5x P/Sales
ratio		 1.3x
P/BV
ratio		 1.0x Div.
yield		 7.7%


  • 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) $72
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 56
Wgt avg mkt cap (mns) $1,589
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 3.6 %
INNOVATIVE INDUSTRIAL PROPERTIES I 3.2 %
ARMADA HOFFLER PROPERTIES IN 3.0 %
EASTERLY GOVERNMENT PROPERTIES INC 3.0 %
BRANDYWINE REALTY TRUST 2.9 %
TWO HARBORS INVESTMENT CORP 2.9 %
ARBOR REALTY TRUST INC 2.9 %
DELUXE CORP 2.9 %
ARMOUR RESIDENTIAL REIT INC 2.8 %
READY CAPITAL CORPORATION 2.6 %
Total 29.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 90.9 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-3.8% -7.6% 2.9% -- -1.2%

Market Correlations
versus... Beta R-squared
S&P500 1.13 50%
MSCI EAFE 0.89 39%
MSCI Emg. Mkts. 0.51 15%

Technical Indicators
Recent close $13.23
30d moving avg. $13.40
Annualized volatility 21.4%
Short interest (ETF) 0.3%
Short interest (Underlying) 5.5%
Relative strength (RSI) 46

Liquidity measures
Avg. volume (thou.) 42
Turnover 0.8%
Bid/Ask (% of price) 0.12%
ADV underlying (mns) $723

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 407 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™: 13.6%


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 20.5 25 5 7.7 -5.9
REM iShares Mortgage Real Estate ETF 17.5 48 -18 64.0 +50.4
RIET Hoya Capital High Dividend Yield ETF 17.1 50 -20 50.6 +37.1
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 17.1 35 -5 9.3 -4.3
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 15.4 29 1 4.3 -9.2
MORT VanEck Mortgage REIT Income ETF 15.3 43 -13 51.8 +38.3
XSVM Invesco S&P SmallCap Value with Momentum ETF 14.7 36 -6 10.8 -2.8
SMDV ProShares Russell 2000 Dividend Growers ETF 14.1 40 -10 7.6 -6.0
KBWY Invesco KBW Premium Yield Equity REIT ETF 13.2 35 -5 8.9 -4.6
RDOG ALPS REIT Dividend Dogs ETF 12.4 35 -5 9.8 -3.7
FYT First Trust Small Cap Value AlphaDEX Fund 11.4 73 -43 10.7 -2.9
PEY Invesco High Yield Equity Dividend Achievers ETF 11.2 52 -22 10.3 -3.3
DES WisdomTree U.S. SmallCap Dividend Fund 11.1 38 -8 9.4 -4.2
DIV Global X SuperDividend US ETF 9.9 45 -15 12.2 -1.4
RZV Invesco S&P Smallcap 600 Pure Value ETF 9.8 35 -5 9.9 -3.7
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 9.6 38 -8 10.0 -3.6
IJS iShares S&P Small-Cap 600 Value ETF 9.5 18 12 9.5 -4.1
IFRA iShares U.S. Infrastructure ETF 9.3 30 0 6.3 -7.3
ROSC Hartford Multifactor Small Cap ETF 8.9 34 -4 9.3 -4.3
KBWD Invesco KBW High Dividend Yield Financial ETF 8.8 384 -354 14.0 +0.4
PSCC Invesco S&P SmallCap Consumer Staples ETF 8.7 29 1 8.5 -5.1
SLYV SPDR S&P 600 Small Cap Value ETF 8.7 15 15 9.5 -4.0
VIOV Vanguard S&P Small-Cap 600 Value ETF 8.7 10 20 9.6 -4.0
SDIV Global X Superdividend ETF 8.5 58 -28 41.7 +28.1
TMDV ProShares Russell US Dividend Growers ETF 8.4 35 -5 6.7 -6.9
SIXS ETC 6 Meridian Small Cap Equity ETF 7.9 89 -59 9.9 -3.6
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 7.8 80 -50 8.0 -5.5
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 7.4 29 1 8.1 -5.5
RWJ Invesco S&P SmallCap 600 Revenue ETF 7.4 39 -9 9.5 -4.1
FLQS Franklin U.S. Small Cap Multifactor Index ETF 7.2 35 -5 9.5 -4.1
XJR iShares ESG Screened S&P Small-Cap ETF 7.1 12 18 7.3 -6.3
GRPZ Invesco S&P SmallCap 600 GARP ETF 7.0 35 -5 7.4 -6.2
IJR iShares Core S&P Small Cap ETF 6.9 6 24 7.5 -6.1
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 6.9 15 15 7.8 -5.8
NETL NETLease Corporate Real Estate ETF 6.7 60 -30 8.4 -5.2
ESIX SPDR S&P SmallCap 600 ESG ETF 6.7 12 18 8.0 -5.6
DSMC Distillate Small/Mid Cash Flow ETF 6.5 55 -25 12.3 -1.3
SPSM SPDR Portfolio S&P 600 Small Cap ETF 6.4 3 27 7.5 -6.0
VIOO Vanguard S&P Small-Cap 600 ETF 6.4 7 23 7.5 -6.1
FYX First Trust Small Cap Core AlphaDEX Fund 6.3 61 -31 5.7 -7.8
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 6.2 12 18 7.5 -6.1
EES WisdomTree U.S. SmallCap Fund 5.8 38 -8 8.7 -4.8
PSCM Invesco S&P SmallCap Materials ETF 5.7 29 1 12.6 -1.0
SVAL iShares US Small Cap Value Factor ETF 5.7 20 10 10.3 -3.3
TPSC Timothy Plan US Small Cap Core ETF 5.7 52 -22 6.9 -6.7
RFDA RiverFront Dynamic US Dividend Advantage ETF 5.6 52 -22 6.2 -7.4
BSVO EA Bridgeway Omni Small-Cap Value ETF 5.5 47 -17 8.9 -4.6
XSHQ Invesco S&P SmallCap Quality ETF 5.4 29 1 7.4 -6.2
CSA VictoryShares US Small Cap Volatility Wtd ETF 5.4 35 -5 7.8 -5.7
PSCI Invesco S&P SmallCap Industrials ETF 5.3 29 1 5.0 -8.6
ICAP InfraCap Equity Income Fund ETF 5.2 171 -141 6.3 -7.3
AVUV Avantis U.S. Small Cap Value ETF 5.1 25 5 9.8 -3.8
SIXL ETC 6 Meridian Low Beta Equity ETF 5.1 80 -50 6.2 -7.3
SYLD Cambria Shareholder Yield ETF 5.0 59 -29 11.9 -1.7
USVM VictoryShares US Small Mid Cap Value Momentum ETF 4.9 25 5 7.8 -5.8
AVSC Avantis U.S Small Cap Equity ETF 4.9 25 5 5.4 -8.1
IRET iREIT - MarketVector Quality REIT Index ETF 4.6 60 -30 7.1 -6.5
HAPS Harbor Human Capital Factor US Small Cap ETF 4.6 60 -30 3.8 -9.7
ISMD Inspire Small/Mid Cap ETF 4.6 54 -24 5.5 -8.1
SRET Global X SuperDividend REIT ETF 4.5 59 -29 12.0 -1.6
PSCF Invesco S&P SmallCap Financials ETF 4.5 29 1 9.5 -4.1
RZG Invesco S&P Smallcap 600 Pure Growth ETF 4.5 35 -5 4.1 -9.5
FNDA Schwab Fundamental US Small Co. Index ETF 4.5 25 5 8.3 -5.3
IJT iShares S&P Small-Cap 600 Growth ETF 4.4 18 12 5.5 -8.1
XSMO Invesco S&P SmallCap Momentum ETF 4.2 39 -9 5.6 -8.0
VIOG Vanguard S&P Small-Cap 600 Growth ETF 4.2 10 20 5.6 -8.0
SLYG SPDR S&P 600 Small Cap Growth ETF 4.2 15 15 5.5 -8.1
IWN iShares Russell 2000 Value ETF 4.1 24 6 7.1 -6.5
WCEO Hypatia Women CEO ETF 4.1 85 -55 3.8 -9.8
VTWV Vanguard Russell 2000 Value ETF 4.1 10 20 7.1 -6.5
SQLV Royce Quant Small-Cap Quality Value ETF 4.0 60 -30 9.5 -4.0
AFSM First Trust Active Factor Small Cap ETF 3.9 75 -45 7.6 -6.0
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 3.8 59 -29 6.2 -7.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 3.7 9 21 4.1 -9.5
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 3.7 35 -5 7.1 -6.4
REAI Intelligent Real Estate ETF 3.7 59 -29 14.5 +0.9
CGW Invesco S&P Global Water Index ETF 3.6 57 -27 4.5 -9.0
SURE AdvisorShares Insiders Advantage ETF 3.4 90 -60 9.7 -3.9
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 3.4 20 10 5.5 -8.1
PSL Invesco Dorsey Wright Consumer Staples Momentum ETF 3.4 60 -30 7.0 -6.6
CALF Pacer US Small Cap Cash Cows 100 ETF 3.3 59 -29 10.7 -2.8
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 3.3 39 -9 5.2 -8.4
DEEP Roundhill Acquirers Deep Value ETF 3.2 80 -50 17.4 +3.8
CGV Conductor Global Equity Value ETF 3.1 130 -100 8.3 -5.2
ECML Euclidean Fundamental Value ETF 3.1 95 -65 11.5 -2.1
PBJ Invesco Food & Beverage ETF 3.0 57 -27 7.5 -6.0
FVD First Trust Value Line Dividend Index Fund 3.0 65 -35 6.4 -7.2
AQWA Global X Clean Water ETF 2.9 50 -20 4.9 -8.7
WBIY WBI Power Factor High Dividend ETF 2.9 100 -70 15.2 +1.6
PSC Principal U.S. Small-Cap ETF 2.9 38 -8 6.7 -6.9
WDIV SPDR S&P Global Dividend ETF 2.9 40 -10 9.2 -4.4
BKSE BNY Mellon US Small Cap Core Equity ETF 2.8 4 26 5.8 -7.8
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 2.8 20 10 6.3 -7.3
VAMO Cambria Value & Momentum ETF 2.7 61 -31 5.7 -7.9
VTWO Vanguard Russell 2000 ETF 2.7 7 23 4.2 -9.4
IWM iShares Russell 2000 ETF 2.7 19 11 4.1 -9.5
RSSL Global X Russell 2000 ETF 2.7 8 22 4.2 -9.4
ETHO Etho Climate Leadership U.S. ETF 2.7 47 -17 5.2 -8.4
FAB First Trust Multi Cap Value AlphaDEX Fund 2.7 67 -37 10.0 -3.6
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 2.6 39 -9 5.7 -7.8
FXU First Trust Utilities AlphaDEX Fund 2.6 64 -34 5.1 -8.5
ISCV iShares Morningstar Small Cap Value ETF 2.6 6 24 9.2 -4.4
FESM Fidelity Enhanced Small Cap ETF 2.6 28 2 6.9 -6.7
FDLS Inspire Fidelis Multi Factor ETF 2.5 76 -46 5.0 -8.6
BEDZ AdvisorShares Hotel ETF 2.5 100 -70 7.2 -6.4
CVAR Cultivar ETF 2.5 87 -57 6.6 -7.0
FIW First Trust Water ETF 2.5 53 -23 4.6 -8.9
STXK Strive Small-Cap ETF 2.4 18 12 5.8 -7.8
SCHA Schwab U.S. Small-Cap ETF 2.4 4 26 5.7 -7.8
XHS SPDR S&P Health Care Services ETF 2.3 35 -5 2.9 -10.7
DFSV Dimensional US Small Cap Value ETF 2.3 31 -1 10.1 -3.5
DFAT Dimensional U.S. Targeted Value ETF 2.3 28 2 9.4 -4.2
NURE Nuveen Short-Term REIT ETF 2.3 35 -5 8.4 -5.2
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 2.3 48 -18 8.4 -5.2
XTL SPDR S&P Telecom ETF 2.3 35 -5 1.9 -11.7
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 2.3 60 -30 7.6 -6.0
BLDG Cambria Global Real Estate ETF 2.3 60 -30 11.9 -1.7
PPTY US Diversified Real Estate ETF 2.2 53 -23 8.0 -5.6
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 2.2 15 15 7.7 -5.9
PSCH Invesco S&P SmallCap Health Care ETF 2.1 29 1 4.3 -9.3
EFRA iShares Environmental Infrastructure and Industrials ETF 2.1 47 -17 5.1 -8.4
DFAS Dimensional U.S. Small Cap ETF 2.1 26 4 6.4 -7.2
XES SPDR S&P Oil & Gas Equipment & Services ETF 2.0 35 -5 3.0 -10.6
VFMF Vanguard U.S. Multifactor ETF 2.0 18 12 7.9 -5.7
HOMZ Hoya Capital Housing ETF 2.0 30 0 9.8 -3.8
XME SPDR S&P Metals & Mining ETF 2.0 35 -5 6.0 -7.6
CUT Invesco MSCI Global Timber ETF 2.0 61 -31 11.0 -2.6
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 2.0 56 -26 6.1 -7.4
FTXG First Trust Nasdaq Food & Beverage ETF 1.9 60 -30 7.7 -5.9
QMOM Alpha Architect U.S. Quantitative Momentum ETF 1.9 39 -9 3.3 -10.3
QVAL Alpha Architect US Quantitative Value ETF 1.9 39 -9 9.7 -3.9
PHO Invesco Water Resources ETF 1.9 60 -30 4.3 -9.2
AFMC First Trust Active Factor Mid Cap ETF 1.9 65 -35 8.4 -5.2
AZTD Aztlan Global Stock Selection DM SMID ETF 1.9 75 -45 7.7 -5.9
PSCE Invesco S&P SmallCap Energy ETF 1.8 29 1 11.0 -2.5
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.8 17 13 5.6 -8.0
TOKE Cambria Cannabis ETF 1.8 42 -12 1.1 -12.5
FSMD Fidelity Small-Mid Multifactor ETF 1.8 15 15 7.1 -6.5
GDIV Harbor Dividend Growth Leaders ETF 1.8 50 -20 5.2 -8.4
VBR Vanguard Small Cap Value ETF 1.8 7 23 9.1 -4.4
FUTY Fidelity MSCI Utilities Index ETF 1.7 8 22 4.9 -8.7
CCNR ALPS CoreCommodity Natural Resources ETF 1.7 39 -9 10.0 -3.6
ISCB iShares Morningstar Small-Cap ETF 1.7 4 26 6.1 -7.5
TPYP Tortoise North American Pipeline Fund 1.6 40 -10 5.9 -7.7
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.6 24 6 7.6 -5.9
FDHT Fidelity Digital Health ETF 1.6 39 -9 0.9 -12.7
FRNW Fidelity Clean Energy ETF 1.6 39 -9 2.8 -10.8
VCLN Virtus Duff & Phelps Clean Energy ETF 1.6 59 -29 4.2 -9.4
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 1.6 55 -25 5.9 -7.6
TAN Invesco Solar ETF 1.6 67 -37 5.9 -7.7
ACES ALPS Clean Energy ETF 1.6 55 -25 -3.0 -16.6
FAN First Trust Global Wind Energy ETF 1.6 60 -30 4.3 -9.3
RNRG Global X Renewable Energy Producers ETF 1.6 66 -36 1.2 -12.3
CNRG SPDR S&P Kensho Clean Power ETF 1.6 45 -15 0.7 -12.9
NUSC Nuveen ESG Small-Cap ETF 1.6 31 -1 5.2 -8.4
FTRI First Trust Indxx Global Natural Resources Income ETF 1.6 70 -40 7.4 -6.2
VTWG Vanguard Russell 2000 Growth ETF 1.5 10 20 1.4 -12.2
IWO iShares Russell 2000 Growth ETF 1.5 24 6 1.2 -12.3
VPU Vanguard Utilities ETF 1.5 9 21 4.9 -8.7
SMLF iShares U.S. SmallCap Equity Factor ETF 1.5 15 15 5.8 -7.8
CVY Invesco Zacks Multi-Asset Income ETF 1.5 106 -76 12.7 -0.8
SMCF Themes US Small Cap Cash Flow Champions ETF 1.5 29 1 12.4 -1.2
VFVA Vanguard U.S. Value Factor ETF 1.4 13 17 10.9 -2.7
IEZ iShares U.S. Oil Equipment & Services ETF 1.4 40 -10 4.7 -8.8
DESK VanEck Office and Commercial REIT ETF 1.4 50 -20 13.9 +0.3
MOO VanEck Agribusiness ETF 1.4 53 -23 10.6 -3.0
FNK First Trust Mid Cap Value AlphaDEX Fund 1.3 70 -40 11.2 -2.3
FSTA FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF 1.3 8 22 5.9 -7.6
FDM First Trust Dow Jones Select MicroCap Index Fund 1.3 60 -30 7.5 -6.1
IWC iShares Micro-Cap ETF 1.3 60 -30 -0.8 -14.4
XRT SPDR S&P Retail ETF 1.2 35 -5 8.6 -5.0
NIXT Research Affiliates Deletions ETF 1.2 9 21 8.5 -5.1
VXF Vanguard Extended Market ETF 1.2 5 25 4.6 -9.0
VB Vanguard Small-Cap ETF 1.2 5 25 6.1 -7.5
VEGI iShares MSCI Agriculture Producers ETF 1.2 39 -9 8.9 -4.7
VDC Vanguard Consumer Staples ETF 1.2 9 21 5.9 -7.6
QDEF FlexShares Quality Dividend Defensive Index Fund 1.1 37 -7 6.0 -7.6
SLX VanEck Steel ETF 1.1 56 -26 13.8 +0.3
PRNT 3D Printing ETF 1.1 66 -36 1.2 -12.4
OPTZ Optimize Strategy Index ETF 1.1 50 -20 4.5 -9.1
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.1 58 -28 -2.0 -15.6
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 1.1 55 -25 10.1 -3.4
PXJ Invesco Oil & Gas Services ETF 1.1 63 -33 4.5 -9.0
TTAC FCF US Quality ETF 1.1 59 -29 6.5 -7.1
RNMC First Trust Mid Cap US Equity Select ETF 1.1 60 -30 6.7 -6.8
DON WisdomTree U.S. MidCap Dividend Fund 1.1 38 -8 9.1 -4.5
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 1.1 61 -31 6.6 -7.0
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 1.1 29 1 10.1 -3.5
GLRY Inspire Faithward Mid Cap Momentum ETF 1.1 80 -50 5.7 -7.8
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 1.1 60 -30 5.9 -7.7
WOOD iShares Global Timber & Forestry ETF 1.1 42 -12 12.7 -0.9
YOKE Yoke Core ETF 1.0 42 -12 4.4 -9.2
DEW WisdomTree Global High Dividend Fund 1.0 58 -28 8.4 -5.2
PXI Invesco Dorsey Wright Energy Momentum ETF 1.0 60 -30 6.8 -6.8
EIPX FT Energy Income Partners Strategy ETF 1.0 95 -65 7.6 -6.0
EINC VanEck Energy Income ETF 1.0 48 -18 5.5 -8.1
MLPX Global X MLP & Energy Infrastructure ETF 1.0 45 -15 5.8 -7.8
USAI Pacer American Energy Independence ETF 1.0 75 -45 4.8 -8.7
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 1.0 55 -25 4.6 -8.9
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF 1.0 59 -29 4.2 -9.3
GVLU Gotham 1000 Value ETF 1.0 50 -20 9.0 -4.6
FNX First Trust Mid Cap Core AlphaDEX Fund 1.0 60 -30 7.3 -6.3
UDI USCF Dividend Income Fund 1.0 65 -35 8.2 -5.3
VFQY Vanguard U.S. Quality Factor ETF 1.0 13 17 6.4 -7.2
ICLN iShares Global Clean Energy ETF 1.0 41 -11 4.5 -9.1
SFLO VictoryShares Small Cap Free Cash Flow ETF 1.0 49 -19 11.4 -2.1
DHS WisdomTree U.S. High Dividend Fund 1.0 38 -8 8.1 -5.5
SMOT VanEck Morningstar SMID Moat ETF 1.0 49 -19 6.6 -7.0
COWS Amplify Cash Flow Dividend Leaders ETF 1.0 0 30 12.0 -1.6
QDF FlexShares Quality Dividend Index Fund 1.0 37 -7 6.1 -7.5
QLV FlexShares US Quality Low Volatility Index Fund 1.0 22 8 5.6 -8.0
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.9 79 -49 4.4 -9.2
OIH VanEck Oil Services ETF 0.9 35 -5 4.5 -9.1
JSML Janus Henderson Small Cap Growth Alpha ETF 0.9 30 0 7.6 -6.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.9 7 23 6.0 -7.6
BFOR ALPS Barron's 400 ETF 0.9 65 -35 6.0 -7.6
JHSC John Hancock Multifactor Small Cap ETF 0.9 42 -12 6.6 -7.0
HKND Humankind US Stock ETF 0.9 11 19 6.9 -6.7
LQPE PEO AlphaQuest Thematic PE ETF 0.9 125 -95 5.3 -8.3
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 0.9 11 19 7.9 -5.7
VRAI Virtus Real Asset Income ETF 0.9 55 -25 10.2 -3.3
RNIN Bushido Capital US SMID Cap Equity ETF 0.9 70 -40 10.4 -3.2
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.9 49 -19 4.7 -8.9
HLGE Hartford Longevity Economy ETF 0.9 44 -14 -0.4 -14.0
EZM WisdomTree U.S. MidCap Fund 0.9 38 -8 9.2 -4.4
PUI Invesco Dorsey Wright Utilities Momentum ETF 0.8 60 -30 5.0 -8.6
OSCV Opus Small Cap Value ETF 0.8 79 -49 6.6 -7.0
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.8 25 5 5.5 -8.1
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.8 56 -26 10.7 -2.9
KOMP SPDR S&P Kensho New Economies Composite ETF 0.8 20 10 2.3 -11.3
VFMO Vanguard U.S. Momentum Factor ETF 0.8 13 17 2.8 -10.8
DXUV Dimensional US Vector Equity ETF 0.7 28 2 6.1 -7.4
VAW Vanguard Materials ETF 0.7 9 21 6.3 -7.3
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.7 46 -16 9.7 -3.8
SDY SPDR S&P Dividend ETF 0.7 35 -5 6.7 -6.9
CGDG Capital Group Dividend Growers ETF 0.7 47 -17 6.2 -7.4
FMAT Fidelity MSCI Materials Index ETF 0.7 8 22 6.3 -7.3
ZAP Global X U.S. Electrification ETF 0.7 50 -20 3.7 -9.8
ISCG iShares Morningstar Small-Cap Growth ETF 0.7 6 24 2.8 -10.8
EBI Longview Advantage ETF 0.7 35 -5 6.5 -7.1
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.7 24 6 8.2 -5.4
PAVE Global X U.S. Infrastructure Development ETF 0.7 47 -17 5.1 -8.5
ACTV LeaderShares Activist Leaders ETF 0.7 75 -45 5.6 -8.0
RWR SPDR Dow Jones REIT ETF 0.7 25 5 7.5 -6.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.7 29 1 6.4 -7.2
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.7 50 -20 5.2 -8.4
USRT iShares Core U.S. REIT ETF 0.7 8 22 7.8 -5.8
NANR SPDR S&P North American Natural Resources ETF 0.6 35 -5 7.6 -5.9
GQRE FlexShares Global Quality Real Estate Index Fund 0.6 45 -15 7.8 -5.8
FRI First Trust S&P REIT Index Fund 0.6 50 -20 7.4 -6.2
IHF iShares U.S. Healthcare Providers ETF 0.6 40 -10 7.9 -5.6
JVAL JPMorgan U.S. Value Factor ETF 0.6 12 18 7.9 -5.7
VNQ Vanguard Real Estate ETF 0.6 13 17 7.4 -6.2
FREL Fidelity MSCI Real Estate Index ETF 0.6 8 22 7.6 -6.0
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.6 30 0 6.6 -7.0
DFAR Dimensional US Real Estate ETF 0.6 19 11 8.1 -5.5
EMLP First Trust North American Energy Infrastructure Fund 0.6 95 -65 5.3 -8.3
EIPI FT Energy Income Partners Enhanced Income ETF 0.6 110 -80 6.4 -7.1
FCOM Fidelity MSCI Communication Services Index ETF 0.6 8 22 4.4 -9.1
FSST Fidelity Sustainable U.S. Equity ETF 0.6 59 -29 4.2 -9.3
EQAL Invesco Russell 1000 Equal Weight ETF 0.5 20 10 6.7 -6.8
RNSC Furst Trust Small Cap US Equity Select ETF 0.5 60 -30 6.1 -7.5
FSCS First Trust SMID Capital Strength ETF 0.5 60 -30 7.3 -6.2
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 0.5 60 -30 6.2 -7.4
SCDV Bahl & Gaynor Small Cap Dividend ETF 0.5 70 -40 4.6 -9.0
FTXN First Trust Nasdaq Oil & Gas ETF 0.5 60 -30 13.0 -0.6
VLU SPDR S&P 1500 Value Tilt ETF 0.5 12 18 7.3 -6.3
SCHH Schwab U.S. REIT ETF 0.5 7 23 8.0 -5.5
DTD WisdomTree U.S. Total Dividend Fund 0.5 28 2 6.2 -7.3
RWO SPDR Dow Jones Global Real Estate ETF 0.5 50 -20 6.9 -6.7
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.5 46 -16 5.6 -7.9
FYC First Trust Small Cap Growth AlphaDEX Fund 0.5 71 -41 0.4 -13.2
FLOW Global X U.S. Cash Flow Kings 100 ETF 0.5 25 5 11.1 -2.5
VBK Vanguard Small-Cap Growth ETF 0.5 7 23 1.9 -11.7
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.5 38 -8 6.3 -7.3
ONEY SPDR Russell 1000 Yield Focus ETF 0.5 20 10 9.7 -3.9
SFYX SoFi Next 500 ETF 0.5 0 30 5.7 -7.9
VOX Vanguard Communication Services ETF 0.5 9 21 4.5 -9.1
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.5 27 3 7.0 -6.5
JSTC Adasina Social Justice All Cap Global ETF 0.4 89 -59 4.8 -8.8
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.4 70 -40 2.7 -10.9
AUSF Global X Adaptive U.S. Factor ETF 0.4 27 3 8.9 -4.7
IDU iShares U.S. Utilities ETF 0.4 40 -10 4.4 -9.1
DFGR Dimensional Global Real Estate ETF 0.4 22 8 7.4 -6.2
HWAY Themes US Infrastructure ETF 0.4 29 1 6.0 -7.6
FNDB Schwab Fundamental US Broad Market Index ETF 0.4 25 5 7.1 -6.5
IGE iShares North American Natural Resources ETF 0.4 41 -11 7.5 -6.1
QQQS Invesco NASDAQ Future Gen 200 ETF 0.4 20 10 -3.6 -17.2
REET iShares Global REIT ETF 0.4 14 16 7.4 -6.2
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 17 13 5.4 -8.2
ERET iShares Environmentally Aware Real Estate ETF 0.4 30 0 7.2 -6.4
SEIQ SEI Enhanced U.S. Large Cap Quality Factor ETF 0.4 15 15 7.8 -5.8
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.4 30 0 8.5 -5.1
DVY iShares Select Dividend ETF 0.3 38 -8 9.0 -4.6
DFUV Dimensional US Marketwide Value ETF 0.3 22 8 7.5 -6.1
VYM Vanguard High Dividend Yield Index ETF 0.3 6 24 7.0 -6.6
AVIE Avantis  Inflation Focused Equity ETF 0.3 25 5 7.3 -6.3
AVUS Avantis U.S. Equity ETF 0.3 15 15 5.6 -7.9
FMDE Fidelity Enhanced Mid Cap ETF 0.3 23 7 5.8 -7.8
RITA ETFB Green SRI REITs ETF 0.3 50 -20 5.9 -7.7
DCOR Dimensional US Core Equity 1 ETF 0.3 14 16 5.3 -8.3
HART IQ Healthy Hearts ETF 0.3 45 -15 6.8 -6.8
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.3 20 10 7.8 -5.8
PKW Invesco Buyback Achievers ETF 0.3 62 -32 7.1 -6.5
AVRE Avantis Real Estate ETF 0.3 17 13 7.1 -6.4
FIDU Fidelity MSCI Industrial Index ETF 0.3 8 22 4.4 -9.2
FENY Fidelity MSCI Energy Index ETF 0.3 8 22 9.2 -4.4
VFMV Vanguard U.S. Minimum Volatility ETF 0.3 13 17 5.8 -7.8
SAGP Strategas Global Policy Opportunities ETF 0.3 65 -35 5.4 -8.2
AVSU Avantis Responsible U.S. Equity ETF 0.3 15 15 5.9 -7.7
VDE Vanguard Energy ETF 0.3 9 21 9.0 -4.5
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 12 5.3 -8.3
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 13 7.1 -6.5
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.3 43 -13 6.0 -7.5
GNR SPDR S&P Global Natural Resources ETF 0.2 40 -10 10.8 -2.8
HDUS Hartford Disciplined US Equity ETF 0.2 19 11 5.6 -8.0
OCEN IQ Clean Oceans ETF 0.2 45 -15 6.1 -7.5
MADE iShares U.S. Manufacturing ETF 0.2 40 -10 4.9 -8.7
SCHD Schwab US Dividend Equity ETF 0.2 6 24 10.0 -3.6
JAVA JPMorgan Active Value ETF 0.2 44 -14 6.3 -7.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.2 64 -34 2.1 -11.4
AVMV Avantis U.S. Mid Cap Value ETF 0.2 20 10 8.8 -4.8
SMMD iShares Russell 2500 ETF 0.2 15 15 6.1 -7.5
VIS Vanguard Industrials ETF 0.2 9 21 4.5 -9.1
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.2 15 15 6.0 -7.6
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 -17 5.8 -7.8
FLQL Franklin LibertyQ U.S. Equity ETF 0.2 15 15 5.3 -8.3
SXQG ETC 6 Meridian Quality Growth ETF 0.2 100 -70 4.7 -8.9
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.2 5 25 8.0 -5.5
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 -9 6.6 -7.0
FDWM Fidelity Women's Leadership ETF 0.2 59 -29 4.7 -8.9
ROUS Hartford Multifactor US Equity ETF 0.2 19 11 6.9 -6.6
DFAU Dimensional US Core Equity Market ETF 0.2 12 18 4.9 -8.7
PICK iShares MSCI Global Metals & Mining Producers ETF 0.2 39 -9 11.4 -2.2
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.2 18 12 7.7 -5.9
TXS Texas Capital Texas Equity Index ETF 0.2 49 -19 5.5 -8.0
VEGN US Vegan Climate ETF 0.2 60 -30 4.3 -9.3
IWS iShares Russell Mid-Cap Value ETF 0.2 23 7 6.7 -6.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 27 4.8 -8.8
ITB iShares U.S. Home Construction ETF 0.2 40 -10 11.4 -2.2
ONEO SPDR Russell 1000 Momentum Focus ETF 0.2 20 10 7.0 -6.5
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.1 3 27 5.0 -8.6
VTHR Vanguard Russell 3000 ETF 0.1 7 23 4.8 -8.8
VTI Vanguard Total Stock Market ETF 0.1 3 27 4.8 -8.8
PFM Invesco Dividend Achievers ETF 0.1 53 -23 5.2 -8.4
IWV iShares Russell 3000 ETF 0.1 20 10 4.6 -9.0
SCHB Schwab U.S. Broad Market ETF 0.1 3 27 4.9 -8.7
REVS Columbia Research Enhanced Value ETF 0.1 19 11 7.5 -6.1
AFLG First Trust Active Factor Large Cap ETF 0.1 55 -25 6.2 -7.4
ERTH Invesco MSCI Sustainable Future ETF 0.1 62 -32 3.5 -10.1
DFUS Dimensional U.S. Equity ETF 0.1 9 21 4.7 -8.9
DGRO iShares Core Dividend Growth ETF 0.1 8 22 6.5 -7.1
IWR iShares Russell Midcap ETF 0.1 19 11 5.8 -7.8
SCHM Schwab U.S. Mid-Cap ETF 0.1 4 26 6.6 -7.0
IYJ iShares U.S. Industrials ETF 0.1 40 -10 4.7 -8.9
FDL First Trust Morningstar Dividend Leaders Index Fund 0.1 45 -15 10.8 -2.8
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.1 4 26 6.1 -7.4
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 9 3.6 -10.0
REZ iShares Residential and Multisector Real Estate ETF 0.1 48 -18 6.4 -7.2
DIVB iShares Core Dividend ETF 0.1 5 25 8.1 -5.5
VALQ American Century U.S. Quality Value ETF 0.1 29 1 7.7 -5.8
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.1 8 22 4.5 -9.1
VCR Vanguard Consumer Discretionary ETF 0.1 9 21 4.4 -9.2
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 21 4.6 -9.0
VFH Vanguard Financials ETF 0.1 9 21 6.5 -7.1
VIG Vanguard Dividend Appreciation ETF 0.1 5 25 5.5 -8.1
FNCL Fidelity MSCI Financials Index ETF 0.1 8 22 6.5 -7.1
AVMC Avantis U.S. Mid Cap Equity ETF 0.1 18 12 6.9 -6.6
STXV Strive 1000 Value ETF 0.1 18 12 7.9 -5.7
JQUA JPMorgan U.S. Quality Factor ETF 0.1 12 18 5.9 -7.7
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 15 7.8 -5.8
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 -12 6.4 -7.2
CCSO Carbon Collective Climate Solutions US Equity ETF 0.1 35 -5 1.0 -12.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 18 4.4 -9.1
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 5 7.0 -6.5
VT Vanguard Total World Stock ETF 0.1 6 24 5.7 -7.9
RECS Columbia Research Enhanced Core ETF 0.1 15 15 5.6 -8.0
STXM Strive Mid-Cap ETF 0.1 18 12 6.1 -7.5
JMOM JPMorgan U.S. Momentum Factor ETF 0.1 12 18 4.4 -9.1
CCMG CCM Global Equity ETF 0.1 34 -4 8.3 -5.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 21 5.5 -8.1
VHT Vanguard Health Care ETF 0.1 9 21 5.9 -7.7
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 11 6.3 -7.3
FHLC Fidelity MSCI Health Care Index ETF 0.1 8 22 6.1 -7.5
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 18 6.5 -7.1
DSI iShares MSCI KLD 400 Social ETF 0.1 25 5 4.7 -8.9
VGSR Vert Global Sustainable Real Estate ETF 0.1 47 -17 7.3 -6.3
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -30 3.7 -9.9
IWD iShares Russell 1000 Value ETF 0.1 19 11 6.3 -7.2
VONV Vanguard Russell 1000 Value ETF 0.1 7 23 6.5 -7.1
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 15 4.6 -9.0
HDV iShares Core High Dividend ETF 0.0 8 22 7.3 -6.2
IUS Invesco RAFI Strategic US ETF 0.0 19 11 6.7 -6.8
DGRW WisdomTree US Quality Dividend Growth Fund 0.0 28 2 5.4 -8.2
PTL Inspire 500 ETF 0.0 9 21 5.1 -8.5
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.0 15 15 4.8 -8.8
IEDI iShares U.S. Consumer Focused ETF 0.0 18 12 5.6 -8.0
VONE Vanguard Russell 1000 ETF 0.0 7 23 4.8 -8.8
IWB iShares Russell 1000 ETF 0.0 15 15 4.7 -8.9
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 19 4.8 -8.8
AVUQ Avantis U.S. Quality ETF 0.0 15 15 4.3 -9.3
STXD Strive 1000 Dividend Growth ETF 0.0 35 -5 4.8 -8.8
IYY iShares Dow Jones U.S. ETF 0.0 20 10 4.7 -8.9
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 10 4.9 -8.7
SCHK Schwab 1000 Index ETF 0.0 5 25 4.9 -8.7
ACVF American Conservative Values ETF 0.0 75 -45 4.3 -9.3
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 18 4.4 -9.1

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 13.0 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 30 bp
Equals: ALTAR Score 13.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.75 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.