Invesco S&P SmallCap High Dividend Low Volatility ETF
ALTAR
Score™		 12.3% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 10.3x P/Sales
ratio		 0.6x
P/BV
ratio		 1.1x Div.
yield		 8.1%


  • 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 PowerShares
Website www.invesco.com
Inception date Dec 01, 2016
Assets (mns) $29
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) $1,690
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 41.8%
Small cap (<$2bn) 58.2%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ARMOUR RESIDENTIAL REIT INC 9.2 %
HIGHWOODS PROPERTIES INC 3.2 %
APOLLO COMMERCIAL REAL ESTAT 3.0 %
CAPITAL TRUST-CL A 2.9 %
ORGANON & CO. 2.9 %
ELLINGTON FINANCIAL LLC 2.9 %
READY CAPITAL CORPORATION 2.8 %
CAL-MAINE FOODS INC 2.8 %
HOSPITALITY PROPERTIES TRUST 2.5 %
KKR REAL ESTATE FINANCE TRUST INC. 2.5 %
Total 34.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 90.6 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru March 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-4.7% 1.1% -2.8% -- -1.4%

Market Correlations
versus... Beta R-squared
S&P500 1.01 62%
MSCI EAFE 1.08 65%
MSCI Emg. Mkts. 0.77 35%

Technical Indicators
Recent close $14.58
30d moving avg. $15.20
Annualized volatility 22.9%
Short interest (ETF) 1.4%
Short interest (Underlying) 5.5%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 20
Turnover 1.0%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $1,132

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 416 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
(%)
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 20.9 35 -5 9.0 -3.3
SIXS ETC 6 Meridian Small Cap Equity ETF 15.6 89 -59 9.0 -3.3
DES WisdomTree U.S. SmallCap Dividend Fund 13.8 38 -8 8.1 -4.2
KBWY Invesco KBW Premium Yield Equity REIT ETF 13.1 35 -5 20.0 +7.7
XSVM Invesco S&P SmallCap Value with Momentum ETF 12.8 36 -6 11.1 -1.2
MORT VanEck Mortgage REIT Income ETF 12.4 43 -13 13.7 +1.3
REM iShares Mortgage Real Estate ETF 12.3 48 -18 14.5 +2.2
IJS iShares S&P Small-Cap 600 Value ETF 11.8 18 12 9.3 -3.0
XSLV Invesco S&P SmallCap Low Volatility ETF 11.6 25 5 6.9 -5.5
SLYV SPDR S&P 600 Small Cap Value ETF 11.5 15 15 9.4 -3.0
RIET Hoya Capital High Dividend Yield ETF 11.5 50 -20 14.5 +2.2
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 11.5 29 1 6.1 -6.2
SMDV ProShares Russell 2000 Dividend Growers ETF 11.5 40 -10 7.2 -5.1
SRET Global X SuperDividend REIT ETF 11.1 59 -29 10.1 -2.2
VIOV Vanguard S&P Small-Cap 600 Value ETF 11.0 15 15 8.7 -3.7
RWJ Invesco S&P SmallCap 600 Revenue ETF 10.4 39 -9 9.4 -2.9
RZV Invesco S&P Smallcap 600 Pure Value ETF 10.3 35 -5 10.5 -1.9
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 10.3 38 -8 6.7 -5.6
RNSC Furst Trust Small Cap US Equity Select ETF 10.2 60 -30 8.4 -3.9
DIV Global X SuperDividend US ETF 10.0 45 -15 7.8 -4.5
DEEP Roundhill Acquirers Deep Value ETF 9.8 80 -50 15.3 +3.0
SSLY Syntax Stratified SmallCap ETF 9.6 40 -10 7.5 -4.9
ROSC Hartford Multifactor Small Cap ETF 9.5 34 -4 10.1 -2.2
PEY Invesco High Yield Equity Dividend Achievers ETF 9.4 52 -22 9.4 -3.0
RDOG ALPS REIT Dividend Dogs ETF 9.2 35 -5 17.1 +4.8
KBWD Invesco KBW High Dividend Yield Financial ETF 8.8 384 -354 8.5 -3.9
CALF Pacer US Small Cap Cash Cows 100 ETF 8.6 59 -29 11.1 -1.3
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 8.5 15 15 8.2 -4.1
IJR iShares Core S&P Small Cap ETF 8.4 6 24 8.2 -4.2
XJR iShares ESG Screened S&P Small-Cap ETF 8.4 12 18 7.7 -4.6
FYT First Trust Small Cap Value AlphaDEX Fund 8.4 73 -43 11.7 -0.6
SPSM SPDR Portfolio S&P 600 Small Cap ETF 8.3 3 27 8.2 -4.1
VIOO Vanguard S&P Small-Cap 600 ETF 8.0 10 20 7.8 -4.5
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 7.2 29 1 7.4 -5.0
RFDA RiverFront Dynamic US Dividend Advantage ETF 7.1 52 -22 6.3 -6.0
EES WisdomTree U.S. SmallCap Fund 6.5 38 -8 10.3 -2.0
FLQS Franklin U.S. Small Cap Multifactor Index ETF 6.0 35 -5 7.5 -4.9
PSCF Invesco S&P SmallCap Financials ETF 6.0 29 1 10.2 -2.1
PPTY US Diversified Real Estate ETF 5.9 53 -23 6.7 -5.6
ESIX SPDR S&P SmallCap 600 ESG ETF 5.9 12 18 7.8 -4.5
SDIV Global X Superdividend ETF 5.8 58 -28 17.6 +5.3
PSCH Invesco S&P SmallCap Health Care ETF 5.7 29 1 5.9 -6.4
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 5.6 42 -12 7.5 -4.8
CSA VictoryShares US Small Cap Volatility Wtd ETF 5.6 35 -5 7.6 -4.7
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 5.5 59 -29 8.5 -3.8
SMLE Xtrackers S&P SmallCap 600 ESG ETF 5.5 15 15 7.6 -4.8
AFSM First Trust Active Factor Small Cap ETF 5.4 75 -45 7.6 -4.7
FYX First Trust Small Cap Core AlphaDEX Fund 5.4 61 -31 7.2 -5.2
TPSC Timothy Plan US Small Cap Core ETF 5.3 52 -22 7.6 -4.7
XSHQ Invesco S&P SmallCap Quality ETF 5.3 29 1 10.1 -2.3
PSCM Invesco S&P SmallCap Materials ETF 5.2 29 1 8.8 -3.5
WBIY WBI Power Factor High Dividend ETF 5.2 100 -70 11.0 -1.4
VRAI Virtus Real Asset Income ETF 5.2 55 -25 8.6 -3.8
SLYG SPDR S&P 600 Small Cap Growth ETF 5.2 15 15 7.1 -5.3
FNDA Schwab Fundamental US Small Co. Index ETF 5.1 25 5 6.8 -5.5
IJT iShares S&P Small-Cap 600 Growth ETF 5.1 18 12 7.0 -5.3
AVSC Avantis U.S Small Cap Equity ETF 5.1 25 5 5.4 -6.9
NETL NETLease Corporate Real Estate ETF 4.9 60 -30 9.7 -2.7
SYLD Cambria Shareholder Yield ETF 4.8 59 -29 11.5 -0.8
VIOG Vanguard S&P Small-Cap 600 Growth ETF 4.8 15 15 6.9 -5.4
SVAL iShares US Small Cap Value Factor ETF 4.7 20 10 11.4 -0.9
DIVY Sound Equity Dividend Income ETF 4.5 45 -15 10.5 -1.9
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 4.5 35 -5 5.4 -6.9
IFRA iShares U.S. Infrastructure ETF 4.4 30 0 6.3 -6.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 4.4 39 -9 4.5 -7.8
DSMC Distillate Small/Mid Cash Flow ETF 4.3 55 -25 11.8 -0.6
SIXL ETC 6 Meridian Low Beta Equity ETF 4.2 80 -50 5.1 -7.2
PSCI Invesco S&P SmallCap Industrials ETF 4.2 29 1 6.0 -6.3
IWN iShares Russell 2000 Value ETF 4.2 24 6 5.6 -6.7
AVUV Avantis U.S. Small Cap Value ETF 4.2 25 5 10.0 -2.3
VTWV Vanguard Russell 2000 Value ETF 4.2 15 15 5.8 -6.5
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 4.2 48 -18 5.6 -6.7
CVAR Cultivar ETF 4.0 87 -57 6.9 -5.4
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 4.0 9 21 4.0 -8.4
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 3.9 60 -30 9.5 -2.8
REAI Intelligent Real Estate ETF 3.9 59 -29 7.4 -5.0
TOKE Cambria Cannabis ETF 3.9 42 -12 -6.2 -18.5
RZG Invesco S&P Smallcap 600 Pure Growth ETF 3.9 35 -5 7.2 -5.1
BSVO EA Bridgeway Omni Small-Cap Value ETF 3.9 47 -17 9.8 -2.5
ISCV iShares Morningstar Small Cap Value ETF 3.8 6 24 8.1 -4.2
PBJ Invesco Food & Beverage ETF 3.7 57 -27 5.4 -6.9
ISMD Inspire Small/Mid Cap ETF 3.7 54 -24 6.1 -6.3
SQLV Royce Quant Small-Cap Quality Value ETF 3.6 60 -30 9.0 -3.3
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 3.6 20 10 4.5 -7.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 3.5 20 10 6.7 -5.6
USVM VictoryShares US Small Mid Cap Value Momentum ETF 3.5 25 5 8.8 -3.5
XOP SPDR S&P Oil & Gas Exploration & Production ETF 3.5 35 -5 10.0 -2.4
TMDV ProShares Russell US Dividend Growers ETF 3.4 35 -5 6.5 -5.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 3.4 39 -9 8.9 -3.4
PXI Invesco Dorsey Wright Energy Momentum ETF 3.4 60 -30 7.2 -5.1
FNK First Trust Mid Cap Value AlphaDEX Fund 3.4 70 -40 9.2 -3.2
IWM iShares Russell 2000 ETF 3.2 19 11 3.6 -8.7
VTWO Vanguard Russell 2000 ETF 3.2 10 20 3.9 -8.5
DFSV Dimensional US Small Cap Value ETF 3.1 31 -1 8.9 -3.5
WDIV SPDR S&P Global Dividend ETF 3.1 40 -10 10.2 -2.1
STXK Strive Small-Cap ETF 3.0 18 12 5.5 -6.8
ECML Euclidean Fundamental Value ETF 3.0 95 -65 8.7 -3.7
CVY Invesco Zacks Multi-Asset Income ETF 2.9 106 -76 8.9 -3.5
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 2.9 69 -39 8.3 -4.0
CSD Invesco S&P Spin-Off ETF 2.9 65 -35 7.9 -4.4
XPH SPDR S&P Pharmaceuticals ETF 2.9 35 -5 5.1 -7.3
DHS WisdomTree U.S. High Dividend Fund 2.8 38 -8 8.8 -3.6
OSCV Opus Small Cap Value ETF 2.8 79 -49 6.4 -5.9
BKSE BNY Mellon US Small Cap Core Equity ETF 2.8 4 26 5.7 -6.6
AZTD Aztlan Global Stock Selection DM SMID ETF 2.8 75 -45 6.6 -5.7
ZIG Acquirers Fund 2.8 84 -54 14.1 +1.8
DFAT Dimensional U.S. Targeted Value ETF 2.8 28 2 8.2 -4.1
XHS SPDR S&P Health Care Services ETF 2.8 35 -5 5.8 -6.6
GDIV Harbor Dividend Growth Leaders ETF 2.8 50 -20 6.0 -6.3
IEZ iShares U.S. Oil Equipment & Services ETF 2.8 40 -10 2.3 -10.0
XES SPDR S&P Oil & Gas Equipment & Services ETF 2.8 35 -5 -0.9 -13.2
PXJ Invesco Oil & Gas Services ETF 2.8 63 -33 2.8 -9.5
RNMC First Trust Mid Cap US Equity Select ETF 2.8 60 -30 7.9 -4.5
ESML iShares ESG Aware MSCI USA Small-Cap ETF 2.7 17 13 5.4 -6.9
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 2.7 29 1 10.9 -1.4
FTXH First Trust Nasdaq Pharmaceuticals ETF 2.7 60 -30 9.1 -3.2
FAB First Trust Multi Cap Value AlphaDEX Fund 2.7 67 -37 9.2 -3.1
BLDG Cambria Global Real Estate ETF 2.6 60 -30 9.4 -3.0
MJ ETFMG Alternative Harvest ETFMG Alternative Harvest 2.6 75 -45 -35.0 -47.3
DFAS Dimensional U.S. Small Cap ETF 2.6 26 4 6.0 -6.3
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 2.5 12 18 7.3 -5.0
XSMO Invesco S&P SmallCap Momentum ETF 2.5 39 -9 7.8 -4.5
PSL Invesco Dorsey Wright Consumer Staples Momentum ETF 2.5 60 -30 4.7 -7.6
CNBS Amplify Seymour Cannabis ETF 2.5 75 -45 -28.0 -40.4
FXH First Trust Health Care AlphaDEX Fund 2.4 62 -32 7.1 -5.3
SCHA Schwab U.S. Small-Cap ETF 2.4 4 26 4.9 -7.4
ISCB iShares Morningstar Small-Cap ETF 2.3 4 26 5.3 -7.0
VICE AdvisorShares Vice ETF 2.3 99 -69 7.5 -4.8
SAMT Strategas Macro Thematic Opportunities ETF 2.3 65 -35 4.7 -7.6
PXE Invesco Energy Exploration & Production ETF 2.3 60 -30 11.2 -1.1
FDM First Trust Dow Jones Select MicroCap Index Fund 2.2 60 -30 7.9 -4.4
VBR Vanguard Small Cap Value ETF 2.2 7 23 8.2 -4.2
PSCT Invesco S&P SmallCap Information Technology ETF 2.2 29 1 6.5 -5.9
TPYP Tortoise North American Pipeline Fund 2.2 40 -10 5.3 -7.0
SMCP AlphaMark Actively Managed Small Cap ETF 2.2 90 -60 6.8 -5.5
IWO iShares Russell 2000 Growth ETF 2.2 24 6 1.4 -10.9
FSMD Fidelity Small-Mid Multifactor ETF 2.1 15 15 7.6 -4.7
EZM WisdomTree U.S. MidCap Fund 2.1 38 -8 8.1 -4.2
PSC Principal U.S. Small-Cap ETF 2.1 38 -8 6.6 -5.8
PRAY FIS Christian Stock Fund 2.1 69 -39 5.9 -6.5
VTWG Vanguard Russell 2000 Growth ETF 2.1 15 15 1.7 -10.6
NUSC Nuveen ESG Small-Cap ETF 2.1 31 -1 5.2 -7.2
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 2.0 80 -50 6.5 -5.8
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 2.0 60 -30 8.0 -4.4
VFVA Vanguard U.S. Value Factor ETF 2.0 13 17 10.6 -1.7
KCAL Subversive Food Security ETF 2.0 75 -45 0.0 -12.3
EATV VegTech Plant-based Innovation & Climate ETF 2.0 75 -45 1.0 -11.3
IHE iShares U.S. Pharmaceuticals ETF 2.0 40 -10 8.3 -4.0
VFMF Vanguard U.S. Multifactor ETF 1.9 18 12 8.7 -3.7
QVAL Alpha Architect US Quantitative Value ETF 1.9 39 -9 11.1 -1.2
WFH Direxion Work From Home ETF 1.9 45 -15 0.0 -12.3
VERS ProShares Metaverse ETF 1.9 58 -28 -8.3 -20.6
FNX First Trust Mid Cap Core AlphaDEX Fund 1.8 60 -30 6.0 -6.3
ETHO Etho Climate Leadership U.S. ETF 1.8 47 -17 4.1 -8.3
SMLF iShares U.S. SmallCap Equity Factor ETF 1.8 15 15 5.8 -6.5
FXU First Trust Utilities AlphaDEX Fund 1.8 64 -34 6.2 -6.1
VCLN Virtus Duff & Phelps Clean Energy ETF 1.8 59 -29 3.5 -8.8
FRNW Fidelity Clean Energy ETF 1.8 39 -9 3.7 -8.6
TAN Invesco Solar ETF 1.8 67 -37 6.2 -6.2
ACES ALPS Clean Energy ETF 1.8 55 -25 -5.0 -17.3
CGV Conductor Global Equity Value ETF 1.8 130 -100 11.3 -1.0
XTL SPDR S&P Telecom ETF 1.8 35 -5 6.6 -5.8
FVD First Trust Value Line Dividend Index Fund 1.8 65 -35 6.0 -6.3
MJUS ETFMG U.S. Alternative Harvest ETF 1.7 76 -46 -0.5 -12.8
BOUT Innovator IBD Breakout Opportunities ETF 1.7 81 -51 2.9 -9.5
TMFS Motley Fool Small-Cap Growth ETF 1.7 85 -55 3.6 -8.8
FCG First Trust Natural Gas ETF 1.7 60 -30 9.2 -3.1
FYC First Trust Small Cap Growth AlphaDEX Fund 1.7 71 -41 0.9 -11.5
EQUL IQ Engender Equality ETF 1.7 45 -15 6.8 -5.5
ICAP InfraCap Equity Income Fund ETF 1.7 171 -141 6.8 -5.5
FTXN First Trust Nasdaq Oil & Gas ETF 1.7 60 -30 7.1 -5.2
EINC VanEck Energy Income ETF 1.7 48 -18 4.5 -7.8
USAI Pacer American Energy Independence ETF 1.7 75 -45 4.1 -8.2
MLPX Global X MLP & Energy Infrastructure ETF 1.7 45 -15 4.7 -7.7
AFMC First Trust Active Factor Mid Cap ETF 1.6 65 -35 7.5 -4.8
RNRG Global X Renewable Energy Producers ETF 1.6 66 -36 4.9 -7.4
VB Vanguard Small-Cap ETF 1.5 5 25 5.4 -7.0
CUT Invesco MSCI Global Timber ETF 1.5 61 -31 8.6 -3.8
JHSC John Hancock Multifactor Small Cap ETF 1.5 42 -12 6.2 -6.1
IWC iShares Micro-Cap ETF 1.5 60 -30 -4.3 -16.6
YOLO AdvisorShares Pure Cannabis ETF 1.5 103 -73 -27.6 -39.9
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.4 24 6 7.8 -4.5
FTXG First Trust Nasdaq Food & Beverage ETF 1.4 60 -30 6.3 -6.0
XME SPDR S&P Metals & Mining ETF 1.4 35 -5 7.2 -5.1
EATZ AdvisorShares Restaurant ETF 1.3 101 -71 2.7 -9.7
VXF Vanguard Extended Market ETF 1.3 6 24 3.9 -8.4
VFQY Vanguard U.S. Quality Factor ETF 1.3 13 17 7.2 -5.1
ICLN iShares Global Clean Energy ETF 1.3 41 -11 4.3 -8.0
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.3 60 -30 1.2 -11.1
GVLU Gotham 1000 Value ETF 1.3 50 -20 7.4 -4.9
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 1.3 56 -26 6.3 -6.0
BFOR ALPS Barron's 400 ETF 1.3 65 -35 6.6 -5.8
SPRE SP Funds S&P Global REIT Sharia ETF 1.2 55 -25 5.4 -6.9
FDHT Fidelity Digital Health ETF 1.2 39 -9 -2.4 -14.8
ARB AltShares Merger Arbitrage ETF 1.2 77 -47 -0.2 -12.5
XRT SPDR S&P Retail ETF 1.1 35 -5 8.8 -3.5
FDIV MarketDesk Focused U.S. Dividend ETF 1.1 35 -5 8.8 -3.6
OIH VanEck Oil Services ETF 1.1 35 -5 2.1 -10.3
AUSF Global X Adaptive U.S. Factor ETF 1.1 27 3 9.0 -3.4
IHF iShares U.S. Healthcare Providers ETF 1.1 40 -10 6.0 -6.4
DKRB Subversive Decarbonization ETF 1.1 75 -45 0.0 -12.3
IQRA IQ CBRE Real Assets ETF 1.0 65 -35 5.9 -6.4
FUTY Fidelity MSCI Utilities Index ETF 1.0 8 22 6.3 -6.1
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.0 58 -28 -0.3 -12.6
FAN First Trust Global Wind Energy ETF 1.0 60 -30 5.5 -6.8
RNEW VanEck Green Infrastructure ETF 1.0 45 -15 -0.4 -12.8
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.0 56 -26 13.9 +1.6
FMAT Fidelity MSCI Materials Index ETF 1.0 8 22 6.6 -5.8
HLGE Hartford Longevity Economy ETF 1.0 44 -14 6.6 -5.7
VPU Vanguard Utilities ETF 0.9 10 20 6.2 -6.1
IEO iShares U.S. Oil & Gas Exploration & Production ETF 0.9 40 -10 8.8 -3.5
CRED Columbia Research Enhanced Real Estate ETF 0.9 33 -3 7.7 -4.6
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.9 7 23 5.7 -6.6
SLX VanEck Steel ETF 0.9 56 -26 20.6 +8.3
VAW Vanguard Materials ETF 0.9 10 20 6.5 -5.9
RWR SPDR Dow Jones REIT ETF 0.9 25 5 7.2 -5.1
OALC OneAscent Large Cap Core ETF 0.9 86 -56 5.9 -6.5
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 0.9 11 19 7.5 -4.8
FRI First Trust S&P REIT Index Fund 0.9 50 -20 7.1 -5.3
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.9 27 3 8.4 -3.9
VDC Vanguard Consumer Staples ETF 0.9 10 20 6.0 -6.3
WOOD iShares Global Timber & Forestry ETF 0.9 42 -12 9.6 -2.7
USRT iShares Core U.S. REIT ETF 0.9 8 22 7.5 -4.8
ISCG iShares Morningstar Small-Cap Growth ETF 0.8 6 24 2.5 -9.9
SAGP Strategas Global Policy Opportunities ETF 0.8 65 -35 4.5 -7.8
QDEF FlexShares Quality Dividend Defensive Index Fund 0.8 37 -7 4.8 -7.5
FSTA FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF 0.8 8 22 5.9 -6.4
DFAR Dimensional US Real Estate ETF 0.8 19 11 7.4 -4.9
NURE Nuveen Short-Term REIT ETF 0.8 35 -5 5.9 -6.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.8 25 5 5.7 -6.7
VFMO Vanguard U.S. Momentum Factor ETF 0.8 13 17 2.8 -9.6
SCHH Schwab U.S. REIT ETF 0.8 7 23 7.7 -4.7
SRHQ SRH U.S. Quality ETF 0.8 35 -5 8.0 -4.3
ERET iShares Environmentally Aware Real Estate ETF 0.8 30 0 7.3 -5.1
RWO SPDR Dow Jones Global Real Estate ETF 0.8 50 -20 6.9 -5.4
VEGI iShares MSCI Agriculture Producers ETF 0.7 39 -9 9.2 -3.1
EMLP First Trust North American Energy Infrastructure Fund 0.7 95 -65 5.4 -7.0
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.7 29 1 9.1 -3.2
FIW First Trust Water ETF 0.7 53 -23 4.5 -7.9
AQWA Global X Clean Water ETF 0.7 50 -20 4.3 -8.0
CGW Invesco S&P Global Water Index ETF 0.7 57 -27 3.8 -8.6
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.7 50 -20 5.8 -6.5
EFRA iShares Environmental Infrastructure and Industrials ETF 0.7 47 -17 5.2 -7.1
VNQ Vanguard Real Estate ETF 0.7 12 18 7.3 -5.1
KOMP SPDR S&P Kensho New Economies Composite ETF 0.7 20 10 2.1 -10.3
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.7 60 -30 6.7 -5.7
ACTV LeaderShares Activist Leaders ETF 0.7 75 -45 8.1 -4.2
ONEY SPDR Russell 1000 Yield Focus ETF 0.7 20 10 10.0 -2.4
IVEG iShares Emergent Food and AgTech Multisector ETF 0.7 47 -17 8.3 -4.1
FENY Fidelity MSCI Energy Index ETF 0.6 8 22 6.8 -5.5
ANEW ProShares MSCI Transformational Changes ETF 0.6 45 -15 3.3 -9.0
ROOF IQ CBRE NextGen Real Estate ETF 0.6 60 -30 7.9 -4.4
REET iShares Global REIT ETF 0.6 14 16 7.1 -5.2
VDE Vanguard Energy ETF 0.6 10 20 6.8 -5.5
GQRE FlexShares Global Quality Real Estate Index Fund 0.6 45 -15 6.9 -5.5
EBLU Ecofin Global Water ESG Fund 0.6 40 -10 3.9 -8.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.6 29 1 6.3 -6.1
VAMO Cambria Value & Momentum ETF 0.6 61 -31 9.6 -2.7
DTD WisdomTree U.S. Total Dividend Fund 0.6 28 2 6.5 -5.8
PPH VanEck Pharmaceutical ETF 0.6 36 -6 8.8 -3.5
EQAL Invesco Russell 1000 Equal Weight ETF 0.6 20 10 6.0 -6.4
VBK Vanguard Small-Cap Growth ETF 0.6 7 23 1.5 -10.9
IGE iShares North American Natural Resources ETF 0.6 41 -11 6.4 -6.0
FNDB Schwab Fundamental US Broad Market Index ETF 0.6 25 5 7.1 -5.2
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.6 79 -49 6.2 -6.1
PHO Invesco Water Resources ETF 0.5 60 -30 4.3 -8.1
FREL Fidelity MSCI Real Estate Index ETF 0.5 8 22 7.3 -5.0
HART IQ Healthy Hearts ETF 0.5 45 -15 5.3 -7.0
FDWM Fidelity Women's Leadership ETF 0.5 59 -29 4.8 -7.5
HKND Humankind US Stock ETF 0.5 11 19 7.0 -5.4
VFMV Vanguard U.S. Minimum Volatility ETF 0.5 13 17 5.4 -7.0
FCOM Fidelity MSCI Communication Services Index ETF 0.5 8 22 4.8 -7.5
DFAC Dimensional U.S. Core Equity 2 ETF 0.5 17 13 5.7 -6.7
QQQS Invesco NASDAQ Future Gen 200 ETF 0.5 20 10 -7.8 -20.2
DFGR Dimensional Global Real Estate ETF 0.5 22 8 7.1 -5.3
MGMT Ballast Small/Mid Cap ETF 0.5 110 -80 7.8 -4.5
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.5 30 0 8.0 -4.3
XT iShares Exponential Technologies ETF 0.5 46 -16 3.9 -8.5
MISL First Trust Indxx Aerospace & Defense ETF 0.5 60 -30 3.4 -8.9
VLU SPDR S&P 1500 Value Tilt ETF 0.5 12 18 7.1 -5.2
WCEO Hypatia Women CEO ETF 0.5 85 -55 5.2 -7.2
DEW WisdomTree Global High Dividend Fund 0.5 58 -28 9.1 -3.2
ECLN First Trust EIP Carbon Impact ETF 0.5 96 -66 5.3 -7.1
VOX Vanguard Communication Services ETF 0.5 10 20 5.1 -7.2
SDY SPDR S&P Dividend ETF 0.5 35 -5 6.3 -6.1
AFLG First Trust Active Factor Large Cap ETF 0.4 55 -25 6.2 -6.2
DFUV Dimensional US Marketwide Value ETF 0.4 22 8 7.6 -4.7
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.4 49 -19 4.8 -7.6
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.4 64 -34 2.1 -10.3
SFYX SoFi Next 500 ETF 0.4 0 30 5.6 -6.7
JVAL JPMorgan U.S. Value Factor ETF 0.4 12 18 8.4 -4.0
FSST Fidelity Sustainable U.S. Equity ETF 0.4 59 -29 4.9 -7.4
DRLL Strive U.S. Energy ETF 0.4 41 -11 6.4 -5.9
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.4 46 -16 5.6 -6.8
CRUZ Defiance Hotel Airline and Cruise ETF 0.4 45 -15 -4.9 -17.3
DON WisdomTree U.S. MidCap Dividend Fund 0.4 38 -8 8.6 -3.7
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.4 20 10 8.0 -4.4
AVUS Avantis U.S. Equity ETF 0.4 15 15 6.0 -6.3
FTRI First Trust Indxx Global Natural Resources Income ETF 0.4 70 -40 10.6 -1.7
VYM Vanguard High Dividend Yield Index ETF 0.4 6 24 7.3 -5.0
JSTC Adasina Social Justice All Cap Global ETF 0.4 89 -59 4.8 -7.6
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 12 5.7 -6.6
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 0.3 60 -30 6.4 -5.9
GLIF AGF Global Infrastructure ETF 0.3 45 -15 5.5 -6.8
DVY iShares Select Dividend ETF 0.3 38 -8 9.1 -3.2
ITA iShares U.S. Aerospace & Defense ETF 0.3 40 -10 2.8 -9.5
PKW Invesco Buyback Achievers ETF 0.3 62 -32 7.1 -5.2
PRF Invesco FTSE RAFI US 1000 ETF 0.3 39 -9 7.3 -5.1
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.3 70 -40 1.8 -10.5
AGNG Global X Aging Population ETF 0.3 50 -20 4.1 -8.2
SCHM Schwab U.S. Mid-Cap ETF 0.3 4 26 6.3 -6.0
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.3 45 -15 6.2 -6.1
IYR iShares U.S. Real Estate ETF 0.3 40 -10 7.2 -5.1
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.3 24 6 8.0 -4.4
PAVE Global X U.S. Infrastructure Development ETF 0.3 47 -17 5.7 -6.7
SMMD iShares Russell 2500 ETF 0.3 15 15 6.0 -6.3
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.2 38 -8 6.7 -5.6
GNR SPDR S&P Global Natural Resources ETF 0.2 40 -10 9.2 -3.2
VIRS Pacer BioThreat Strategy ETF 0.2 70 -40 6.0 -6.4
PRNT 3D Printing ETF 0.2 66 -36 -4.1 -16.4
DFAU Dimensional US Core Equity Market ETF 0.2 12 18 5.4 -7.0
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.2 61 -31 6.2 -6.2
TXS Texas Capital Texas Equity Index ETF 0.2 49 -19 5.6 -6.8
JSML Janus Henderson Small Cap Growth Alpha ETF 0.2 30 0 9.3 -3.0
AVRE Avantis Real Estate ETF 0.2 17 13 6.6 -5.7
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 27 5.1 -7.2
FNDX Schwab Fundamental US Large Co. Index ETF 0.2 25 5 7.1 -5.2
VTI Vanguard Total Stock Market ETF 0.2 3 27 5.1 -7.2
TTAC FCF US Quality ETF 0.2 59 -29 6.5 -5.8
DIVB iShares Core Dividend ETF 0.2 5 25 8.0 -4.3
IWV iShares Russell 3000 ETF 0.2 20 10 5.0 -7.3
VTHR Vanguard Russell 3000 ETF 0.2 10 20 5.1 -7.2
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.2 3 27 5.4 -6.9
VHT Vanguard Health Care ETF 0.2 10 20 5.7 -6.6
DFNV Donoghue Forlines Innovation ETF 0.2 69 -39 5.0 -7.3
SCHB Schwab U.S. Broad Market ETF 0.2 3 27 5.2 -7.1
FHLC Fidelity MSCI Health Care Index ETF 0.2 8 22 5.9 -6.5
IWS iShares Russell Mid-Cap Value ETF 0.2 23 7 6.6 -5.7
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.2 8 22 4.9 -7.5
FDL First Trust Morningstar Dividend Leaders Index Fund 0.2 45 -15 9.7 -2.6
VIS Vanguard Industrials ETF 0.2 10 20 4.5 -7.9
FIDU Fidelity MSCI Industrial Index ETF 0.2 8 22 4.7 -7.6
FILL iShares MSCI Global Energy Producers ETF 0.2 39 -9 9.0 -3.3
JHMM John Hancock Multifactor Mid Cap ETF 0.2 42 -12 6.6 -5.7
IUS Invesco RAFI Strategic US ETF 0.2 19 11 7.3 -5.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 21 5.7 -6.6
DFUS Dimensional U.S. Equity ETF 0.2 9 21 5.1 -7.2
IDU iShares U.S. Utilities ETF 0.2 40 -10 5.5 -6.8
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 26 6.1 -6.2
IWR iShares Russell Midcap ETF 0.1 19 11 5.7 -6.7
VCR Vanguard Consumer Discretionary ETF 0.1 10 20 4.7 -7.6
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 15 6.0 -6.3
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 21 5.1 -7.3
IYH iShares U.S. Healthcare ETF 0.1 40 -10 6.2 -6.1
COWZ Pacer US Cash Cows 100 ETF 0.1 49 -19 11.0 -1.4
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.1 30 0 7.6 -4.7
RAFE PIMCO RAFI ESG U.S. ETF 0.1 29 1 7.2 -5.2
FNCL Fidelity MSCI Financials Index ETF 0.1 8 22 6.5 -5.9
PICK iShares MSCI Global Metals & Mining Producers ETF 0.1 39 -9 11.0 -1.4
REVS Columbia Research Enhanced Value ETF 0.1 19 11 7.7 -4.6
VFH Vanguard Financials ETF 0.1 10 20 6.4 -5.9
AIEQ AI Powered Equity ETF 0.1 75 -45 6.1 -6.2
LUXX Roundhill S&P Global Luxury ETF 0.1 45 -15 2.7 -9.6
VT Vanguard Total World Stock ETF 0.1 7 23 5.8 -6.5
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -30 3.8 -8.5
PFM Invesco Dividend Achievers ETF 0.1 53 -23 5.7 -6.7
ITB iShares U.S. Home Construction ETF 0.1 40 -10 10.8 -1.5
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 18 4.5 -7.8
SXQG ETC 6 Meridian Quality Growth ETF 0.1 100 -70 4.4 -7.9
STXV Strive 1000 Value ETF 0.1 18 12 7.8 -4.5
SCHD Schwab US Dividend Equity ETF 0.1 6 24 9.6 -2.7
DURA VanEck Durable High Dividend ETF 0.1 29 1 7.3 -5.1
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.1 47 -17 5.9 -6.4
VGT Vanguard Information Technology ETF 0.1 10 20 4.7 -7.7
IWP iShares Russell Mid-Cap Growth ETF 0.1 23 7 3.8 -8.5
DSI iShares MSCI KLD 400 Social ETF 0.1 25 5 5.1 -7.2
FTEC Fidelity MSCI Information Technology Index ETF 0.1 8 22 4.8 -7.6
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 9 3.9 -8.4
VIG Vanguard Dividend Appreciation ETF 0.1 6 24 5.8 -6.5
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -45 3.8 -8.6
VONV Vanguard Russell 1000 Value ETF 0.1 8 22 6.7 -5.6
IWD iShares Russell 1000 Value ETF 0.1 19 11 6.6 -5.8
GINN Goldman Sachs Innovate Equity ETF 0.1 52 -22 2.7 -9.6
IYJ iShares U.S. Industrials ETF 0.1 40 -10 4.8 -7.5
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 13 7.1 -5.2
IEDI iShares U.S. Consumer Focused ETF 0.1 18 12 5.0 -7.4
RECS Columbia Research Enhanced Core ETF 0.1 15 15 5.6 -6.7
VSLU Applied Finance Valuation Large Cap ETF 0.1 49 -19 6.0 -6.3
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.0 18 12 7.6 -4.7
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 26 6.7 -5.6
IYY iShares Dow Jones U.S. ETF 0.0 20 10 5.1 -7.3
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 10 7.1 -5.2
VONE Vanguard Russell 1000 ETF 0.0 8 22 5.2 -7.1
IWB iShares Russell 1000 ETF 0.0 15 15 5.1 -7.2
DGRW WisdomTree US Quality Dividend Growth Fund 0.0 28 2 6.2 -6.2
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 19 5.2 -7.1
IGM iShares Expanded Tech Sector ETF 0.0 41 -11 4.5 -7.8
IETC iShares U.S. Tech Independence Focused ETF 0.0 18 12 4.4 -7.9
KRUZ Unusual Whales Subversive Republican Trading ETF 0.0 75 -45 4.9 -7.4
VOOV Vanguard S&P 500 Value ETF 0.0 10 20 5.5 -6.8
FBCG Fidelity Blue Chip Growth ETF 0.0 59 -29 2.6 -9.8
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 16 5.4 -7.0
JQUA JPMorgan U.S. Quality Factor ETF 0.0 12 18 5.7 -6.6
SCHK Schwab 1000 Index ETF 0.0 5 25 5.3 -7.0
SCHX Schwab U.S. Large-Cap ETF 0.0 3 27 5.3 -7.1
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 10 5.1 -7.3
VEGN US Vegan Climate ETF 0.0 60 -30 4.7 -7.7
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 11 6.5 -5.8
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 15 4.9 -7.4
VOO Vanguard S&P 500 ETF 0.0 3 27 5.3 -7.0
VONG Vanguard Russell 1000 Growth ETF 0.0 8 22 4.8 -7.5
IWF iShares Russell 1000 Growth ETF 0.0 19 11 4.7 -7.6
ACVF American Conservative Values ETF 0.0 75 -45 4.4 -8.0
TDVG T. Rowe Price Dividend Growth ETF 0.0 50 -20 4.9 -7.4
PSCE Invesco S&P SmallCap Energy ETF 0.0 29 1 6.0 -6.4
PSCC Invesco S&P SmallCap Consumer Staples ETF 0.0 29 1 8.2 -4.2

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

  2019 2020 2021 2022 2023 2024E 2025E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2023 2024E 2025E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Invesco S&P SmallCap High Dividend Low Volatility ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.3 %
Divided by: Fwd. P/BV 1.1 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		 1.68 CATEGORY
AVERAGE		 1.55
 
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.