Invesco S&P SmallCap High Dividend Low Volatility ETF
ALTAR
Score™		 7.6% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 15.8x P/Sales
ratio		 1.4x
P/BV
ratio		 1.1x Div.
yield		 6.7%


  • 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) $67
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) $1,616
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 3.5 %
TWO HARBORS INVESTMENT CORP 3.3 %
UNIVERSAL HEALTH RLTY INCOME 3.2 %
INNOVATIVE INDUSTRIAL PROPERTIES I 3.2 %
APOLLO COMMERCIAL REAL ESTAT 3.0 %
ARMOUR RESIDENTIAL REIT INC 2.9 %
EASTERLY GOVERNMENT PROPERTIES, IN 2.9 %
NEW YORK MORTGAGE TRUST INC 2.8 %
PENNYMAC MORTGAGE INVESTMENT 2.8 %
CAPITAL TRUST-CL A 2.8 %
Total 30.4 %

TOP COUNTRY EXPOSURE
UNITED STATES 88.6 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
-0.7% 0.8% -2.0% -- -1.1%

Market Correlations
versus... Beta R-squared
S&P500 1.09 60%
MSCI EAFE 1.06 58%
MSCI Emg. Mkts. 0.72 27%

Technical Indicators
Recent close $13.94
30d moving avg. $14.19
Annualized volatility 24.1%
Short interest (ETF) 0.4%
Short interest (Underlying) 5.5%
Relative strength (RSI) 41

Liquidity measures
Avg. volume (thou.) 52
Turnover 1.1%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $723

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 429 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™: 7.6%


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 23.3 25 5 5.4 -2.2
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 19.9 35 -5 9.2 +1.6
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 18.7 29 1 4.4 -3.2
SMDV ProShares Russell 2000 Dividend Growers ETF 18.5 40 -10 7.0 -0.6
MORT VanEck Mortgage REIT Income ETF 18.1 43 -13 15.3 +7.7
REM iShares Mortgage Real Estate ETF 17.7 48 -18 13.4 +5.8
RIET Hoya Capital High Dividend Yield ETF 17.2 50 -20 6.0 -1.7
KBWY Invesco KBW Premium Yield Equity REIT ETF 16.1 35 -5 0.8 -6.8
DIV Global X SuperDividend US ETF 14.2 45 -15 10.1 +2.5
DES WisdomTree U.S. SmallCap Dividend Fund 13.4 38 -8 8.7 +1.0
IJS iShares S&P Small-Cap 600 Value ETF 12.8 18 12 9.4 +1.8
XSVM Invesco S&P SmallCap Value with Momentum ETF 12.4 36 -6 10.3 +2.7
VIOV Vanguard S&P Small-Cap 600 Value ETF 12.2 15 15 9.3 +1.6
SLYV SPDR S&P 600 Small Cap Value ETF 12.2 15 15 9.5 +1.9
RZV Invesco S&P Smallcap 600 Pure Value ETF 11.8 35 -5 10.9 +3.3
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 11.6 38 -8 10.1 +2.5
SRET Global X SuperDividend REIT ETF 11.1 59 -29 8.1 +0.5
TMDV ProShares Russell US Dividend Growers ETF 10.4 35 -5 4.6 -3.0
PEY Invesco High Yield Equity Dividend Achievers ETF 10.3 52 -22 9.9 +2.3
KBWD Invesco KBW High Dividend Yield Financial ETF 10.0 384 -354 9.8 +2.2
SDIV Global X Superdividend ETF 9.7 58 -28 13.9 +6.3
RDOG ALPS REIT Dividend Dogs ETF 9.7 35 -5 1.1 -6.5
FYT First Trust Small Cap Value AlphaDEX Fund 9.6 73 -43 9.9 +2.3
RWJ Invesco S&P SmallCap 600 Revenue ETF 9.6 39 -9 9.8 +2.2
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 9.4 15 15 7.3 -0.3
IJR iShares Core S&P Small Cap ETF 9.4 6 24 7.3 -0.3
SIXS ETC 6 Meridian Small Cap Equity ETF 9.2 89 -59 9.4 +1.8
XJR iShares ESG Screened S&P Small-Cap ETF 9.0 12 18 6.6 -1.0
VIOO Vanguard S&P Small-Cap 600 ETF 8.9 10 20 7.2 -0.4
SPSM SPDR Portfolio S&P 600 Small Cap ETF 8.9 3 27 7.4 -0.3
ESIX SPDR S&P SmallCap 600 ESG ETF 8.7 12 18 5.9 -1.8
ROSC Hartford Multifactor Small Cap ETF 8.7 34 -4 9.0 +1.4
REAI Intelligent Real Estate ETF 8.5 59 -29 0.6 -7.0
FLQS Franklin U.S. Small Cap Multifactor Index ETF 8.4 35 -5 6.9 -0.7
PPTY US Diversified Real Estate ETF 8.3 53 -23 1.9 -5.7
PSCC Invesco S&P SmallCap Consumer Staples ETF 7.8 29 1 7.4 -0.2
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 7.6 29 1 7.4 -0.2
IFRA iShares U.S. Infrastructure ETF 7.3 30 0 6.8 -0.8
PSCF Invesco S&P SmallCap Financials ETF 6.9 29 1 6.2 -1.4
DESK VanEck Office and Commercial REIT ETF 6.9 50 -20 1.1 -6.5
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 6.9 48 -18 8.3 +0.7
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 6.7 80 -50 6.0 -1.6
CALF Pacer US Small Cap Cash Cows 100 ETF 6.6 59 -29 12.0 +4.4
FYX First Trust Small Cap Core AlphaDEX Fund 6.6 61 -31 5.9 -1.8
TPSC Timothy Plan US Small Cap Core ETF 6.6 52 -22 7.2 -0.4
EES WisdomTree U.S. SmallCap Fund 6.6 38 -8 9.1 +1.5
CSA VictoryShares US Small Cap Volatility Wtd ETF 6.2 35 -5 4.7 -2.9
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 6.2 42 -12 5.5 -2.2
NETL NETLease Corporate Real Estate ETF 6.1 60 -30 3.7 -3.9
USVM VictoryShares US Small Mid Cap Value Momentum ETF 6.1 25 5 7.8 +0.2
IJT iShares S&P Small-Cap 600 Growth ETF 6.0 18 12 5.1 -2.5
ISMD Inspire Small/Mid Cap ETF 5.8 54 -24 4.7 -2.9
RFDA RiverFront Dynamic US Dividend Advantage ETF 5.7 52 -22 6.5 -1.1
SLYG SPDR S&P 600 Small Cap Growth ETF 5.7 15 15 5.1 -2.5
VIOG Vanguard S&P Small-Cap 600 Growth ETF 5.7 15 15 5.3 -2.3
SIXL ETC 6 Meridian Low Beta Equity ETF 5.5 80 -50 5.7 -1.9
WDIV SPDR S&P Global Dividend ETF 5.4 40 -10 9.6 +2.0
WBIY WBI Power Factor High Dividend ETF 5.4 100 -70 13.4 +5.8
AVUV Avantis U.S. Small Cap Value ETF 5.3 25 5 10.8 +3.2
XSHQ Invesco S&P SmallCap Quality ETF 5.3 29 1 8.4 +0.8
AFSM First Trust Active Factor Small Cap ETF 5.2 75 -45 7.0 -0.6
IWN iShares Russell 2000 Value ETF 5.0 24 6 5.8 -1.9
FVD First Trust Value Line Dividend Index Fund 5.0 65 -35 6.1 -1.5
VTWV Vanguard Russell 2000 Value ETF 4.9 15 15 5.9 -1.7
AVSC Avantis U.S Small Cap Equity ETF 4.9 25 5 6.6 -1.1
GRPZ Invesco S&P SmallCap 600 GARP ETF 4.8 35 -5 3.1 -4.5
FNDA Schwab Fundamental US Small Co. Index ETF 4.8 25 5 6.6 -1.0
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 4.7 59 -29 6.1 -1.6
BSVO EA Bridgeway Omni Small-Cap Value ETF 4.6 47 -17 9.8 +2.1
CGW Invesco S&P Global Water Index ETF 4.6 57 -27 4.8 -2.8
FYC First Trust Small Cap Growth AlphaDEX Fund 4.6 71 -41 1.1 -6.6
PSCI Invesco S&P SmallCap Industrials ETF 4.5 29 1 5.9 -1.8
BLDG Cambria Global Real Estate ETF 4.4 60 -30 4.2 -3.4
FIW First Trust Water ETF 4.4 53 -23 5.0 -2.6
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 4.3 9 21 4.0 -3.6
XSMO Invesco S&P SmallCap Momentum ETF 4.3 39 -9 5.3 -2.4
ETHO Etho Climate Leadership U.S. ETF 4.3 47 -17 5.5 -2.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 4.2 39 -9 4.0 -3.6
RZG Invesco S&P Smallcap 600 Pure Growth ETF 4.0 35 -5 3.7 -3.9
CVAR Cultivar ETF 4.0 87 -57 6.1 -1.5
PSCE Invesco S&P SmallCap Energy ETF 3.9 29 1 10.9 +3.2
VAMO Cambria Value & Momentum ETF 3.8 61 -31 6.8 -0.8
ISCV iShares Morningstar Small Cap Value ETF 3.8 6 24 8.4 +0.8
SQLV Royce Quant Small-Cap Quality Value ETF 3.8 60 -30 9.6 +2.0
FESM Fidelity Enhanced Small Cap ETF 3.8 28 2 3.8 -3.8
RSSL Global X Russell 2000 ETF 3.7 8 22 3.6 -4.0
SVAL iShares US Small Cap Value Factor ETF 3.7 20 10 11.0 +3.4
FXU First Trust Utilities AlphaDEX Fund 3.7 64 -34 5.1 -2.5
FNK First Trust Mid Cap Value AlphaDEX Fund 3.7 70 -40 12.3 +4.7
IWM iShares Russell 2000 ETF 3.7 19 11 3.6 -4.0
VTWO Vanguard Russell 2000 ETF 3.6 10 20 3.8 -3.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 3.6 20 10 5.5 -2.1
AQWA Global X Clean Water ETF 3.6 50 -20 5.0 -2.6
BKSE BNY Mellon US Small Cap Core Equity ETF 3.4 4 26 5.9 -1.7
STXK Strive Small-Cap ETF 3.4 18 12 5.5 -2.2
CGV Conductor Global Equity Value ETF 3.4 130 -100 9.2 +1.6
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 3.4 60 -30 8.5 +0.8
DSMC Distillate Small/Mid Cash Flow ETF 3.2 55 -25 13.5 +5.9
NIXT Research Affiliates Deletions ETF 3.1 9 21 3.8 -3.8
PSCM Invesco S&P SmallCap Materials ETF 3.0 29 1 13.9 +6.2
HAPS Harbor Human Capital Factor US Small Cap ETF 3.0 60 -30 4.4 -3.2
SCHA Schwab U.S. Small-Cap ETF 3.0 4 26 5.3 -2.3
FAB First Trust Multi Cap Value AlphaDEX Fund 2.9 67 -37 10.1 +2.5
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 2.9 39 -9 5.4 -2.2
WCEO Hypatia Women CEO ETF 2.9 85 -55 -1.3 -9.0
PSCH Invesco S&P SmallCap Health Care ETF 2.9 29 1 4.2 -3.4
PSC Principal U.S. Small-Cap ETF 2.8 38 -8 6.9 -0.7
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 2.8 20 10 5.3 -2.3
OSCV Opus Small Cap Value ETF 2.8 79 -49 6.7 -0.9
AFMC First Trust Active Factor Mid Cap ETF 2.8 65 -35 8.2 +0.6
FDM First Trust Dow Jones Select MicroCap Index Fund 2.8 60 -30 8.4 +0.8
DFSV Dimensional US Small Cap Value ETF 2.8 31 -1 10.9 +3.3
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 2.7 29 1 11.5 +3.9
EFRA iShares Environmental Infrastructure and Industrials ETF 2.7 47 -17 4.4 -3.2
XHS SPDR S&P Health Care Services ETF 2.7 35 -5 3.5 -4.1
VCLN Virtus Duff & Phelps Clean Energy ETF 2.7 59 -29 6.2 -1.4
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 2.7 55 -25 5.5 -2.1
ACES ALPS Clean Energy ETF 2.7 55 -25 -4.2 -11.8
TAN Invesco Solar ETF 2.7 67 -37 8.6 +1.0
DFAS Dimensional U.S. Small Cap ETF 2.7 26 4 6.9 -0.7
DFAT Dimensional U.S. Targeted Value ETF 2.6 28 2 10.0 +2.4
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 2.6 15 15 5.9 -1.7
ESML iShares ESG Aware MSCI USA Small-Cap ETF 2.6 17 13 5.7 -1.9
RNRG Global X Renewable Energy Producers ETF 2.6 66 -36 6.1 -1.5
VBR Vanguard Small Cap Value ETF 2.5 7 23 8.5 +0.9
PHO Invesco Water Resources ETF 2.5 60 -30 4.8 -2.9
DEEP Roundhill Acquirers Deep Value ETF 2.5 80 -50 19.9 +12.3
SURE AdvisorShares Insiders Advantage ETF 2.5 90 -60 10.0 +2.4
ISCB iShares Morningstar Small-Cap ETF 2.4 4 26 5.6 -2.0
TOKE Cambria Cannabis ETF 2.4 42 -12 1.5 -6.1
FRNW Fidelity Clean Energy ETF 2.4 39 -9 4.2 -3.4
IWO iShares Russell 2000 Growth ETF 2.4 24 6 1.5 -6.2
JRE Janus Henderson U.S. Real Estate ETF 2.4 65 -35 1.6 -6.0
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 2.4 12 18 8.1 +0.5
NUSC Nuveen ESG Small-Cap ETF 2.4 31 -1 5.3 -2.3
VTWG Vanguard Russell 2000 Growth ETF 2.4 15 15 1.5 -6.1
PRAY FIS Christian Stock Fund 2.3 69 -39 5.5 -2.2
HOMZ Hoya Capital Housing ETF 2.3 30 0 6.3 -1.3
FSMD Fidelity Small-Mid Multifactor ETF 2.2 15 15 7.0 -0.6
CCNR ALPS CoreCommodity Natural Resources ETF 2.2 39 -9 11.0 +3.4
XOP SPDR S&P Oil & Gas Exploration & Production ETF 2.2 35 -5 15.1 +7.5
FNX First Trust Mid Cap Core AlphaDEX Fund 2.2 60 -30 8.2 +0.6
PXI Invesco Dorsey Wright Energy Momentum ETF 2.1 60 -30 8.5 +0.9
GDIV Harbor Dividend Growth Leaders ETF 2.1 50 -20 5.2 -2.4
PUI Invesco Dorsey Wright Utilities Momentum ETF 2.0 60 -30 5.4 -2.2
SFLO VictoryShares Small Cap Free Cash Flow ETF 2.0 49 -19 12.7 +5.1
SYLD Cambria Shareholder Yield ETF 2.0 59 -29 11.9 +4.3
FTRI First Trust Indxx Global Natural Resources Income ETF 1.9 70 -40 8.6 +1.0
EATV VegTech Plant-based Innovation & Climate ETF 1.9 75 -45 5.4 -2.2
PBJ Invesco Food & Beverage ETF 1.9 57 -27 4.9 -2.7
LQPE PEO AlphaQuest Thematic PE ETF 1.9 125 -95 6.9 -0.7
IPDP Dividend Performers ETF 1.8 122 -92 5.0 -2.6
ECML Euclidean Fundamental Value ETF 1.8 95 -65 13.1 +5.5
SMLF iShares U.S. SmallCap Equity Factor ETF 1.8 15 15 6.0 -1.7
FUTY Fidelity MSCI Utilities Index ETF 1.8 8 22 5.5 -2.1
VB Vanguard Small-Cap ETF 1.8 5 25 5.7 -1.9
VPU Vanguard Utilities ETF 1.8 10 20 5.5 -2.2
XTL SPDR S&P Telecom ETF 1.7 35 -5 3.1 -4.5
PXJ Invesco Oil & Gas Services ETF 1.7 63 -33 6.1 -1.6
IEZ iShares U.S. Oil Equipment & Services ETF 1.7 40 -10 4.5 -3.2
XES SPDR S&P Oil & Gas Equipment & Services ETF 1.7 35 -5 2.8 -4.8
IRET iREIT - MarketVector Quality REIT Index ETF 1.7 60 -30 2.3 -5.3
FDLS Inspire Fidelis Multi Factor ETF 1.7 76 -46 5.8 -1.9
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.7 58 -28 -3.5 -11.1
VXF Vanguard Extended Market ETF 1.6 6 24 4.5 -3.1
AZTD Aztlan Global Stock Selection DM SMID ETF 1.6 75 -45 8.4 +0.8
GVLU Gotham 1000 Value ETF 1.6 50 -20 9.1 +1.5
RNMC First Trust Mid Cap US Equity Select ETF 1.6 60 -30 7.0 -0.7
FSCS First Trust SMID Capital Strength ETF 1.6 60 -30 6.4 -1.3
FOVL iShares Focused Value Factor ETF 1.5 25 5 10.1 +2.5
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.5 24 6 7.6 +0.0
IWC iShares Micro-Cap ETF 1.5 60 -30 -1.1 -8.7
ICLN iShares Global Clean Energy ETF 1.5 41 -11 6.4 -1.3
RNEW VanEck Green Infrastructure ETF 1.4 45 -15 -2.0 -9.6
DEW WisdomTree Global High Dividend Fund 1.4 58 -28 7.7 +0.1
TPYP Tortoise North American Pipeline Fund 1.4 40 -10 5.4 -2.2
VFMF Vanguard U.S. Multifactor ETF 1.3 18 12 8.5 +0.9
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 1.3 56 -26 6.3 -1.3
EIPX FT Energy Income Partners Strategy ETF 1.3 95 -65 7.4 -0.2
ABLD Abacus FCF Real Assets Leaders ETF 1.3 69 -39 5.7 -1.9
FTXN First Trust Nasdaq Oil & Gas ETF 1.3 60 -30 11.6 +4.0
FCG First Trust Natural Gas ETF 1.3 60 -30 17.6 +10.0
PXE Invesco Energy Exploration & Production ETF 1.3 60 -30 15.8 +8.2
TMFS Motley Fool Small-Cap Growth ETF 1.3 85 -55 3.1 -4.5
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 1.2 11 19 2.3 -5.3
JSML Janus Henderson Small Cap Growth Alpha ETF 1.2 30 0 8.6 +1.0
FDHT Fidelity Digital Health ETF 1.2 39 -9 1.9 -5.7
FXH First Trust Health Care AlphaDEX Fund 1.2 62 -32 7.9 +0.3
XRT SPDR S&P Retail ETF 1.2 35 -5 9.6 +2.0
BFOR ALPS Barron's 400 ETF 1.2 65 -35 6.2 -1.4
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.2 7 23 6.2 -1.4
FXD First Trust Consumer Discretionary AlphaDEX Fund 1.1 61 -31 7.8 +0.2
VFQY Vanguard U.S. Quality Factor ETF 1.1 13 17 6.6 -1.0
DON WisdomTree U.S. MidCap Dividend Fund 1.1 38 -8 8.3 +0.7
FAN First Trust Global Wind Energy ETF 1.1 60 -30 5.3 -2.4
ZAP Global X U.S. Electrification ETF 1.1 50 -20 4.7 -2.9
VFVA Vanguard U.S. Value Factor ETF 1.1 13 17 11.7 +4.1
VDC Vanguard Consumer Staples ETF 1.1 10 20 5.5 -2.1
DHS WisdomTree U.S. High Dividend Fund 1.1 38 -8 7.8 +0.1
FSTA FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF 1.1 8 22 5.5 -2.1
VEGI iShares MSCI Agriculture Producers ETF 1.0 39 -9 8.8 +1.2
GQRE FlexShares Global Quality Real Estate Index Fund 1.0 45 -15 4.1 -3.5
ISCG iShares Morningstar Small-Cap Growth ETF 1.0 6 24 2.7 -4.9
QDEF FlexShares Quality Dividend Defensive Index Fund 1.0 37 -7 5.9 -1.7
PKB Invesco Building & Construction ETF 1.0 62 -32 5.3 -2.4
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.0 56 -26 12.6 +5.0
FIVG Defiance Next Gen Connectivity ETF 1.0 30 0 5.6 -2.0
TDV ProShares S&P Technology Dividend Aristocrats ETF 1.0 45 -15 5.9 -1.7
SIXG Defiance Connective Technologies ETF 1.0 30 0 4.5 -3.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 1.0 64 -34 2.4 -5.2
FRI First Trust S&P REIT Index Fund 1.0 50 -20 1.9 -5.7
USRT iShares Core U.S. REIT ETF 1.0 8 22 2.4 -5.2
EZM WisdomTree U.S. MidCap Fund 1.0 38 -8 9.3 +1.7
JHSC John Hancock Multifactor Small Cap ETF 1.0 42 -12 6.9 -0.8
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.9 24 6 7.6 -0.0
COPY Tweedy, Browne Insider + Value ETF 0.9 80 -50 12.6 +5.0
RWR SPDR Dow Jones REIT ETF 0.9 25 5 2.1 -5.6
HKND Humankind US Stock ETF 0.9 11 19 7.5 -0.2
QDF FlexShares Quality Dividend Index Fund 0.9 37 -7 6.2 -1.4
JVAL JPMorgan U.S. Value Factor ETF 0.9 12 18 8.5 +0.9
PSCT Invesco S&P SmallCap Information Technology ETF 0.9 29 1 6.0 -1.6
OIH VanEck Oil Services ETF 0.9 35 -5 4.2 -3.5
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.9 61 -31 7.1 -0.6
UDI USCF Dividend Income Fund 0.9 65 -35 6.5 -1.1
DFAR Dimensional US Real Estate ETF 0.9 19 11 2.3 -5.3
EINC VanEck Energy Income ETF 0.9 48 -18 5.0 -2.6
MLPX Global X MLP & Energy Infrastructure ETF 0.9 45 -15 5.0 -2.6
USAI Pacer American Energy Independence ETF 0.9 75 -45 4.5 -3.1
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 0.9 55 -25 5.2 -2.5
VRAI Virtus Real Asset Income ETF 0.9 55 -25 7.5 -0.1
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 0.8 60 -30 6.4 -1.2
ICAP InfraCap Equity Income Fund ETF 0.8 171 -141 5.2 -2.4
COWZ Pacer US Cash Cows 100 ETF 0.8 49 -19 9.5 +1.8
PSL Invesco Dorsey Wright Consumer Staples Momentum ETF 0.8 60 -30 5.3 -2.3
QMOM Alpha Architect U.S. Quantitative Momentum ETF 0.8 39 -9 3.8 -3.8
QVAL Alpha Architect US Quantitative Value ETF 0.8 39 -9 10.3 +2.7
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.8 79 -49 5.2 -2.4
SMCF Themes US Small Cap Cash Flow Champions ETF 0.8 29 1 11.8 +4.2
SDY SPDR S&P Dividend ETF 0.8 35 -5 6.2 -1.4
SCHH Schwab U.S. REIT ETF 0.8 7 23 2.5 -5.1
EQAL Invesco Russell 1000 Equal Weight ETF 0.8 20 10 6.6 -1.0
IEO iShares U.S. Oil & Gas Exploration & Production ETF 0.8 40 -10 12.2 +4.6
RNSC Furst Trust Small Cap US Equity Select ETF 0.8 60 -30 6.7 -1.0
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 0.8 60 -30 5.7 -2.0
SCDV Bahl & Gaynor Small Cap Dividend ETF 0.8 70 -40 5.2 -2.4
VNQ Vanguard Real Estate ETF 0.8 12 18 2.4 -5.2
ONEY SPDR Russell 1000 Yield Focus ETF 0.8 20 10 9.1 +1.5
SMOT VanEck Morningstar SMID Moat ETF 0.8 49 -19 7.1 -0.6
CUT Invesco MSCI Global Timber ETF 0.8 61 -31 9.1 +1.5
IVEG iShares Emergent Food and AgTech Multisector ETF 0.8 47 -17 8.5 +0.9
HLGE Hartford Longevity Economy ETF 0.8 44 -14 5.5 -2.1
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.8 25 5 5.9 -1.7
IHF iShares U.S. Healthcare Providers ETF 0.7 40 -10 7.0 -0.6
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.7 60 -30 2.1 -5.5
CGDG Capital Group Dividend Growers ETF 0.7 47 -17 6.3 -1.3
QLV FlexShares US Quality Low Volatility Index Fund 0.7 22 8 5.8 -1.8
EIPI FT Energy Income Partners Enhanced Income ETF 0.7 110 -80 6.0 -1.7
VBK Vanguard Small-Cap Growth ETF 0.7 7 23 1.7 -5.9
VFMO Vanguard U.S. Momentum Factor ETF 0.7 13 17 3.4 -4.2
FREL Fidelity MSCI Real Estate Index ETF 0.7 8 22 2.5 -5.2
FLOW Global X U.S. Cash Flow Kings 100 ETF 0.7 25 5 9.9 +2.3
ACTV LeaderShares Activist Leaders ETF 0.7 75 -45 5.3 -2.3
VAW Vanguard Materials ETF 0.7 10 20 6.4 -1.2
REET iShares Global REIT ETF 0.7 14 16 3.3 -4.3
FMAT Fidelity MSCI Materials Index ETF 0.7 8 22 6.5 -1.2
FCOM Fidelity MSCI Communication Services Index ETF 0.7 8 22 5.2 -2.4
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.7 60 -30 6.4 -1.2
FENY Fidelity MSCI Energy Index ETF 0.7 8 22 8.8 +1.2
FTXG First Trust Nasdaq Food & Beverage ETF 0.7 60 -30 6.5 -1.1
VOX Vanguard Communication Services ETF 0.7 10 20 5.2 -2.4
VDE Vanguard Energy ETF 0.7 10 20 8.8 +1.1
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.7 46 -16 10.4 +2.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.7 29 1 6.4 -1.2
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.6 49 -19 4.7 -2.9
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.6 30 0 7.9 +0.3
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.6 30 0 7.0 -0.6
RWO SPDR Dow Jones Global Real Estate ETF 0.6 50 -20 2.9 -4.8
VLU SPDR S&P 1500 Value Tilt ETF 0.6 12 18 7.2 -0.4
NANR SPDR S&P North American Natural Resources ETF 0.6 35 -5 8.4 +0.8
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.6 50 -20 6.5 -1.1
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.6 27 3 6.1 -1.5
ERET iShares Environmentally Aware Real Estate ETF 0.6 30 0 3.1 -4.5
AGNG Global X Aging Population ETF 0.6 50 -20 4.2 -3.4
OPTZ Optimize Strategy Index ETF 0.6 50 -20 5.3 -2.3
EMLP First Trust North American Energy Infrastructure Fund 0.6 95 -65 5.1 -2.5
DTD WisdomTree U.S. Total Dividend Fund 0.6 28 2 6.2 -1.4
IGE iShares North American Natural Resources ETF 0.6 41 -11 7.7 +0.0
DFGR Dimensional Global Real Estate ETF 0.6 22 8 3.2 -4.5
PAVE Global X U.S. Infrastructure Development ETF 0.6 47 -17 6.3 -1.3
ANEW ProShares MSCI Transformational Changes ETF 0.6 45 -15 7.0 -0.6
SEIQ SEI Enhanced U.S. Large Cap Quality Factor ETF 0.5 15 15 7.3 -0.3
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.5 46 -16 4.9 -2.7
FSST Fidelity Sustainable U.S. Equity ETF 0.5 59 -29 4.4 -3.3
FTXR First Trust Nasdaq Transportation ETF 0.5 60 -30 10.4 +2.7
DFAC Dimensional U.S. Core Equity 2 ETF 0.5 17 13 6.0 -1.6
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.5 20 10 7.4 -0.2
FNDB Schwab Fundamental US Broad Market Index ETF 0.5 25 5 7.3 -0.3
REZ iShares Residential and Multisector Real Estate ETF 0.5 48 -18 1.7 -5.9
HWAY Themes US Infrastructure ETF 0.5 29 1 4.3 -3.3
JSTC Adasina Social Justice All Cap Global ETF 0.5 89 -59 4.5 -3.1
VYM Vanguard High Dividend Yield Index ETF 0.4 6 24 7.3 -0.3
IDU iShares U.S. Utilities ETF 0.4 40 -10 4.9 -2.8
SFYX SoFi Next 500 ETF 0.4 0 30 3.6 -4.0
HART IQ Healthy Hearts ETF 0.4 45 -15 6.6 -1.0
DFUV Dimensional US Marketwide Value ETF 0.4 22 8 8.1 +0.5
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 12 7.2 -0.4
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.4 38 -8 6.2 -1.4
AVUS Avantis U.S. Equity ETF 0.4 15 15 6.3 -1.3
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.4 5 25 7.1 -0.5
DCOR Dimensional US Core Equity 1 ETF 0.4 14 16 5.8 -1.8
DFSU Dimensional US Sustainability Core 1 ETF 0.4 18 12 5.8 -1.8
HDUS Hartford Disciplined US Equity ETF 0.4 19 11 5.9 -1.7
SMMD iShares Russell 2500 ETF 0.3 15 15 6.2 -1.4
BLCV iShares Large Cap Value Active ETF 0.3 53 -23 7.6 -0.0
FLQL Franklin LibertyQ U.S. Equity ETF 0.3 15 15 5.7 -1.9
DVY iShares Select Dividend ETF 0.3 38 -8 9.2 +1.6
SCHM Schwab U.S. Mid-Cap ETF 0.3 4 26 6.7 -0.9
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.3 70 -40 2.8 -4.8
DEUS Xtrackers Russell US Multifactor ETF 0.3 17 13 6.9 -0.7
ONEO SPDR Russell 1000 Momentum Focus ETF 0.3 20 10 6.8 -0.8
FMDE Fidelity Enhanced Mid Cap ETF 0.3 23 7 5.8 -1.8
PRF Invesco FTSE RAFI US 1000 ETF 0.3 39 -9 7.0 -0.6
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.3 15 15 5.8 -1.8
TMFX Motley Fool Next Index ETF 0.3 50 -20 3.2 -4.4
SCHD Schwab US Dividend Equity ETF 0.3 6 24 9.4 +1.8
FIDU Fidelity MSCI Industrial Index ETF 0.3 8 22 4.9 -2.8
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.3 95 -65 0.7 -6.9
DRLL Strive U.S. Energy ETF 0.3 41 -11 9.7 +2.1
AVSU Avantis Responsible U.S. Equity ETF 0.3 15 15 6.4 -1.2
VIS Vanguard Industrials ETF 0.3 10 20 4.9 -2.7
AVRE Avantis Real Estate ETF 0.3 17 13 3.3 -4.3
LST Leuthold Select Industries ETF 0.2 91 -61 6.1 -1.5
OCEN IQ Clean Oceans ETF 0.2 45 -15 5.7 -1.9
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 -17 5.7 -2.0
IWS iShares Russell Mid-Cap Value ETF 0.2 23 7 6.5 -1.1
LUX Tema Luxury ETF 0.2 75 -45 2.6 -5.0
JAVA JPMorgan Active Value ETF 0.2 44 -14 6.3 -1.3
ROUS Hartford Multifactor US Equity ETF 0.2 19 11 7.2 -0.4
DFAU Dimensional US Core Equity Market ETF 0.2 12 18 5.5 -2.1
GNR SPDR S&P Global Natural Resources ETF 0.2 40 -10 11.4 +3.8
ITAN Sparkline Intangible Value ETF 0.2 50 -20 6.5 -1.1
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.2 3 27 5.5 -2.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 27 5.2 -2.4
PFM Invesco Dividend Achievers ETF 0.2 53 -23 5.3 -2.3
IWV iShares Russell 3000 ETF 0.2 20 10 5.0 -2.6
VTHR Vanguard Russell 3000 ETF 0.2 10 20 5.2 -2.4
SAGP Strategas Global Policy Opportunities ETF 0.2 65 -35 5.3 -2.4
FNDX Schwab Fundamental US Large Co. Index ETF 0.2 25 5 7.4 -0.2
VTI Vanguard Total Stock Market ETF 0.2 3 27 5.2 -2.4
SCHB Schwab U.S. Broad Market ETF 0.2 3 27 5.3 -2.3
IWR iShares Russell Midcap ETF 0.2 19 11 5.8 -1.9
MADE iShares U.S. Manufacturing ETF 0.2 40 -10 5.8 -1.8
LRGF iShares U.S. Equity Factor ETF 0.2 8 22 5.8 -1.8
ERTH Invesco MSCI Sustainable Future ETF 0.2 62 -32 2.5 -5.1
JQUA JPMorgan U.S. Quality Factor ETF 0.2 12 18 6.0 -1.7
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.2 8 22 4.9 -2.7
IUS Invesco RAFI Strategic US ETF 0.2 19 11 7.1 -0.6
PKW Invesco Buyback Achievers ETF 0.2 62 -32 8.0 +0.3
REVS Columbia Research Enhanced Value ETF 0.2 19 11 7.6 +0.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 26 6.1 -1.5
DIVB iShares Core Dividend ETF 0.2 5 25 7.7 +0.0
DFUS Dimensional U.S. Equity ETF 0.2 9 21 5.3 -2.3
VCR Vanguard Consumer Discretionary ETF 0.2 10 20 4.9 -2.7
CCMG CCM Global Equity ETF 0.2 34 -4 8.5 +0.9
KRUZ Unusual Whales Subversive Republican Trading ETF 0.2 75 -45 6.0 -1.6
TXS Texas Capital Texas Equity Index ETF 0.2 49 -19 5.1 -2.5
STXM Strive Mid-Cap ETF 0.2 18 12 3.6 -4.0
ESGV Vanguard ESG U.S. Stock ETF 0.2 9 21 5.0 -2.6
VALQ American Century U.S. Quality Value ETF 0.2 29 1 7.6 +0.0
AFLG First Trust Active Factor Large Cap ETF 0.1 55 -25 6.2 -1.4
VFH Vanguard Financials ETF 0.1 10 20 6.6 -1.0
VIG Vanguard Dividend Appreciation ETF 0.1 6 24 6.0 -1.7
IEDI iShares U.S. Consumer Focused ETF 0.1 18 12 5.3 -2.3
IYJ iShares U.S. Industrials ETF 0.1 40 -10 4.8 -2.9
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 18 4.5 -3.1
FNCL Fidelity MSCI Financials Index ETF 0.1 8 22 6.6 -1.1
MILN Global X Millennial Consumer ETF 0.1 50 -20 3.1 -4.5
VFMV Vanguard U.S. Minimum Volatility ETF 0.1 13 17 5.5 -2.2
SXQG ETC 6 Meridian Quality Growth ETF 0.1 100 -70 4.6 -3.0
DGRO iShares Core Dividend Growth ETF 0.1 8 22 6.6 -1.0
KOMP SPDR S&P Kensho New Economies Composite ETF 0.1 20 10 3.7 -3.9
AVLV Avantis U.S. Large Cap Value ETF 0.1 15 15 8.1 +0.5
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 -12 6.5 -1.1
VT Vanguard Total World Stock ETF 0.1 7 23 6.3 -1.3
FDL First Trust Morningstar Dividend Leaders Index Fund 0.1 45 -15 9.2 +1.6
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -30 4.9 -2.7
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 9 4.3 -3.4
FILL iShares MSCI Global Energy Producers ETF 0.1 39 -9 11.4 +3.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 21 6.1 -1.5
GINN Goldman Sachs Innovate Equity ETF 0.1 52 -22 4.4 -3.3
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 18 6.5 -1.1
STXV Strive 1000 Value ETF 0.1 18 12 7.5 -0.1
VONV Vanguard Russell 1000 Value ETF 0.1 8 22 6.6 -1.0
TAX Cambria Tax Aware ETF 0.1 49 -19 5.4 -2.2
IWD iShares Russell 1000 Value ETF 0.1 19 11 6.5 -1.1
VEGN US Vegan Climate ETF 0.1 60 -30 4.6 -3.0
FHLC Fidelity MSCI Health Care Index ETF 0.1 8 22 5.9 -1.7
VHT Vanguard Health Care ETF 0.1 10 20 5.7 -1.9
RECS Columbia Research Enhanced Core ETF 0.1 15 15 6.2 -1.5
DSI iShares MSCI KLD 400 Social ETF 0.1 25 5 5.2 -2.4
HDV iShares Core High Dividend ETF 0.1 8 22 6.7 -0.9
VGSR Vert Global Sustainable Real Estate ETF 0.1 47 -17 2.8 -4.8
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 11 6.5 -1.1
JMOM JPMorgan U.S. Momentum Factor ETF 0.1 12 18 4.8 -2.8
ITB iShares U.S. Home Construction ETF 0.1 40 -10 12.2 +4.5
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 12 6.8 -0.8
FTEC Fidelity MSCI Information Technology Index ETF 0.1 8 22 4.7 -2.9
DGRW WisdomTree US Quality Dividend Growth Fund 0.1 28 2 5.7 -1.9
VGT Vanguard Information Technology ETF 0.0 10 20 4.7 -2.9
IWB iShares Russell 1000 ETF 0.0 15 15 5.2 -2.4
VONE Vanguard Russell 1000 ETF 0.0 8 22 5.3 -2.3
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 15 4.3 -3.3
PTL Inspire 500 ETF 0.0 9 21 5.4 -2.2
STXD Strive 1000 Dividend Growth ETF 0.0 35 -5 5.0 -2.6
IYH iShares U.S. Healthcare ETF 0.0 40 -10 6.4 -1.2
IYY iShares Dow Jones U.S. ETF 0.0 20 10 5.1 -2.5
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.0 15 15 5.1 -2.6
IYC iShares U.S. Consumer Discretionary ETF 0.0 40 -10 4.1 -3.5
SCHK Schwab 1000 Index ETF 0.0 5 25 5.3 -2.3
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 26 6.8 -0.8
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 19 5.2 -2.4
IGM iShares Expanded Tech Sector ETF 0.0 41 -11 4.6 -3.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 10 5.3 -2.3
SCHX Schwab U.S. Large-Cap ETF 0.0 3 27 5.3 -2.3
IWP iShares Russell Mid-Cap Growth ETF 0.0 23 7 3.7 -4.0
STXG Strive 1000 Growth ETF 0.0 18 12 4.2 -3.4
IWF iShares Russell 1000 Growth ETF 0.0 19 11 4.8 -2.8
VONG Vanguard Russell 1000 Growth ETF 0.0 8 22 4.9 -2.7
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 18 4.8 -2.8

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  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

Content on this tab for subscribers only

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:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.9 %
Divided by: Fwd. P/BV 1.1 x
Less: Expense ratio 30 bp
Equals: ALTAR Score 7.6 %
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.