Invesco S&P SmallCap High Dividend Low Volatility ETF
ALTAR
Score™		 10.6% info Recommen-
dation		 SPECULATIVE
2024E    2025E
P/E
ratio		 13.6x P/Sales
ratio		 0.7x
P/BV
ratio		 1.2x Div.
yield		 7.6%


  • 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) $34
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 57
Wgt avg mkt cap (mns) $1,689
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 45.3%
Small cap (<$2bn) 54.7%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
TWO HARBORS INVESTMENT CORP 10.2 %
CAPITAL TRUST-CL A 3.4 %
KKR REAL ESTATE FINANCE TRUST INC. 3.4 %
KENNEDY-WILSON HOLDINGS INC 3.3 %
ELLINGTON FINANCIAL LLC 3.2 %
VECTOR GROUP LTD 3.2 %
GLOBAL NET LEASE INC 3.2 %
EASTERLY GOVERNMENT PROPERTIES, IN 3.0 %
HIGHWOODS PROPERTIES INC 3.0 %
APOLLO COMMERCIAL REAL ESTAT 2.8 %
Total 38.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 90.2 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-0.6% 6.9% -0.8% -- -0.8%

Market Correlations
versus... Beta R-squared
S&P500 1.02 58%
MSCI EAFE 1.09 63%
MSCI Emg. Mkts. 0.80 32%

Technical Indicators
Recent close $15.45
30d moving avg. $15.28
Annualized volatility 24.2%
Short interest (ETF) 0.8%
Short interest (Underlying) 5.5%
Relative strength (RSI) 46

Liquidity measures
Avg. volume (thou.) 49
Turnover 2.2%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $789

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 421 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™: 10.6%


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
(%)
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 22.6 35 -5 5.7 -4.9
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 18.2 29 1 5.4 -5.2
SMDV ProShares Russell 2000 Dividend Growers ETF 15.2 40 -10 6.7 -3.9
MORT VanEck Mortgage REIT Income ETF 13.6 43 -13 11.2 +0.7
DIV Global X SuperDividend US ETF 13.1 45 -15 7.6 -2.9
REM iShares Mortgage Real Estate ETF 13.1 48 -18 12.9 +2.3
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 13.0 38 -8 5.4 -5.2
XSLV Invesco S&P SmallCap Low Volatility ETF 12.4 25 5 6.9 -3.7
RNSC Furst Trust Small Cap US Equity Select ETF 12.2 60 -30 7.1 -3.5
KBWD Invesco KBW High Dividend Yield Financial ETF 11.6 384 -354 9.1 -1.5
DES WisdomTree U.S. SmallCap Dividend Fund 11.5 38 -8 7.1 -3.4
SSLY Syntax Stratified SmallCap ETF 11.3 40 -10 7.3 -3.3
SRET Global X SuperDividend REIT ETF 11.1 59 -29 8.9 -1.7
PEY Invesco High Yield Equity Dividend Achievers ETF 11.1 52 -22 9.1 -1.5
IJS iShares S&P Small-Cap 600 Value ETF 10.7 18 12 8.4 -2.2
VIOV Vanguard S&P Small-Cap 600 Value ETF 10.5 15 15 8.4 -2.2
SLYV SPDR S&P 600 Small Cap Value ETF 10.4 15 15 8.4 -2.2
RIET Hoya Capital High Dividend Yield ETF 10.3 50 -20 11.5 +0.9
SIXS ETC 6 Meridian Small Cap Equity ETF 10.0 89 -59 8.6 -2.0
ROSC Hartford Multifactor Small Cap ETF 10.0 34 -4 8.9 -1.6
KBWY Invesco KBW Premium Yield Equity REIT ETF 9.1 35 -5 15.4 +4.9
FYT First Trust Small Cap Value AlphaDEX Fund 9.0 73 -43 10.2 -0.4
RWJ Invesco S&P SmallCap 600 Revenue ETF 8.9 39 -9 8.5 -2.1
FLQS Franklin U.S. Small Cap Multifactor Index ETF 8.7 35 -5 6.9 -3.7
IFRA iShares U.S. Infrastructure ETF 8.4 30 0 6.2 -4.4
IJR iShares Core S&P Small Cap ETF 8.4 6 24 7.4 -3.1
SPSM SPDR Portfolio S&P 600 Small Cap ETF 8.1 3 27 7.5 -3.1
VIOO Vanguard S&P Small-Cap 600 ETF 8.1 10 20 7.4 -3.2
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 7.9 15 15 7.7 -2.9
XJR iShares ESG Screened S&P Small-Cap ETF 7.6 12 18 7.2 -3.3
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 7.4 29 1 6.8 -3.8
SIXL ETC 6 Meridian Low Beta Equity ETF 7.4 80 -50 4.4 -6.2
XSVM Invesco S&P SmallCap Value with Momentum ETF 7.2 36 -6 11.7 +1.1
ESIX SPDR S&P SmallCap 600 ESG ETF 7.2 12 18 7.7 -2.9
TMDV ProShares Russell US Dividend Growers ETF 6.9 35 -5 5.9 -4.7
RFDA RiverFront Dynamic US Dividend Advantage ETF 6.9 52 -22 5.8 -4.8
RZV Invesco S&P Smallcap 600 Pure Value ETF 6.9 35 -5 9.7 -0.9
TPSC Timothy Plan US Small Cap Core ETF 6.3 52 -22 6.9 -3.6
GRPZ Invesco S&P SmallCap 600 GARP ETF 6.2 35 -5 10.5 -0.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 6.2 35 -5 6.5 -4.0
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 6.2 42 -12 6.5 -4.1
FYX First Trust Small Cap Core AlphaDEX Fund 6.0 61 -31 5.8 -4.8
IJT iShares S&P Small-Cap 600 Growth ETF 5.9 18 12 6.4 -4.2
SDIV Global X Superdividend ETF 5.8 58 -28 14.5 +3.9
EES WisdomTree U.S. SmallCap Fund 5.8 38 -8 9.4 -1.2
CALF Pacer US Small Cap Cash Cows 100 ETF 5.7 59 -29 11.9 +1.4
DEEP Roundhill Acquirers Deep Value ETF 5.7 80 -50 14.9 +4.4
AVSC Avantis U.S Small Cap Equity ETF 5.7 25 5 4.9 -5.7
SLYG SPDR S&P 600 Small Cap Growth ETF 5.7 15 15 6.4 -4.1
VIOG Vanguard S&P Small-Cap 600 Growth ETF 5.7 15 15 6.4 -4.1
PSCI Invesco S&P SmallCap Industrials ETF 5.6 29 1 5.7 -4.9
DESK VanEck Office and Commercial REIT ETF 5.6 50 -20 9.9 -0.7
PPTY US Diversified Real Estate ETF 5.5 53 -23 5.5 -5.1
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 5.1 48 -18 4.9 -5.6
ISMD Inspire Small/Mid Cap ETF 4.9 54 -24 5.4 -5.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 4.8 39 -9 4.3 -6.3
VRAI Virtus Real Asset Income ETF 4.8 55 -25 8.1 -2.4
FVD First Trust Value Line Dividend Index Fund 4.8 65 -35 5.9 -4.7
PSCF Invesco S&P SmallCap Financials ETF 4.7 29 1 8.9 -1.7
RDOG ALPS REIT Dividend Dogs ETF 4.6 35 -5 15.2 +4.7
FNDA Schwab Fundamental US Small Co. Index ETF 4.5 25 5 6.3 -4.3
FESM Fidelity Enhanced Small Cap ETF 4.5 28 2 1.8 -8.8
RZG Invesco S&P Smallcap 600 Pure Growth ETF 4.5 35 -5 6.6 -3.9
DSMC Distillate Small/Mid Cash Flow ETF 4.4 55 -25 11.9 +1.3
CSML IndexIQ ETF Trust IQ U.S. Small Cap ETF 4.4 35 -5 4.7 -5.9
IWN iShares Russell 2000 Value ETF 4.3 24 6 5.0 -5.6
VTWV Vanguard Russell 2000 Value ETF 4.3 15 15 5.1 -5.5
PSCM Invesco S&P SmallCap Materials ETF 4.2 29 1 8.7 -1.9
SMCP AlphaMark Actively Managed Small Cap ETF 4.2 90 -60 4.3 -6.3
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 4.2 9 21 3.5 -7.0
CVAR Cultivar ETF 4.1 87 -57 6.6 -4.0
AFSM First Trust Active Factor Small Cap ETF 4.1 75 -45 6.6 -4.0
AVUV Avantis U.S. Small Cap Value ETF 4.0 25 5 9.4 -1.2
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 4.0 80 -50 6.1 -4.5
FDM First Trust Dow Jones Select MicroCap Index Fund 3.9 60 -30 7.4 -3.2
ETHO Etho Climate Leadership U.S. ETF 3.9 47 -17 3.5 -7.1
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 3.8 20 10 4.2 -6.4
PXI Invesco Dorsey Wright Energy Momentum ETF 3.7 60 -30 6.4 -4.1
SCAP InfraCap Small Cap Income ETF 3.7 135 -105 8.9 -1.7
USVM VictoryShares US Small Mid Cap Value Momentum ETF 3.7 25 5 7.6 -3.0
ISCV iShares Morningstar Small Cap Value ETF 3.6 6 24 7.6 -3.0
BSVO EA Bridgeway Omni Small-Cap Value ETF 3.6 47 -17 9.0 -1.6
XHS SPDR S&P Health Care Services ETF 3.6 35 -5 5.9 -4.6
PXE Invesco Energy Exploration & Production ETF 3.6 60 -30 14.0 +3.4
PSCH Invesco S&P SmallCap Health Care ETF 3.6 29 1 4.9 -5.7
WDIV SPDR S&P Global Dividend ETF 3.6 40 -10 9.4 -1.2
WBIY WBI Power Factor High Dividend ETF 3.5 100 -70 10.4 -0.2
SVAL iShares US Small Cap Value Factor ETF 3.4 20 10 10.5 -0.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 3.4 20 10 4.8 -5.8
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 3.3 60 -30 9.6 -1.0
IWM iShares Russell 2000 ETF 3.3 19 11 3.0 -7.6
BKSE BNY Mellon US Small Cap Core Equity ETF 3.2 4 26 5.0 -5.6
RSSL Global X Russell 2000 ETF 3.2 8 22 2.8 -7.8
CGW Invesco S&P Global Water Index ETF 3.2 57 -27 3.7 -6.8
AQWA Global X Clean Water ETF 3.2 50 -20 4.1 -6.5
VTWO Vanguard Russell 2000 ETF 3.2 10 20 3.1 -7.5
NETL NETLease Corporate Real Estate ETF 3.2 60 -30 7.8 -2.8
NUSC Nuveen ESG Small-Cap ETF 3.2 31 -1 5.2 -5.4
TIME Clockwise Core Equity & Innovation ETF 3.0 95 -65 2.4 -8.2
XSMO Invesco S&P SmallCap Momentum ETF 3.0 39 -9 7.6 -3.0
ACTV LeaderShares Activist Leaders ETF 3.0 75 -45 6.5 -4.1
WCEO Hypatia Women CEO ETF 2.9 85 -55 4.6 -5.9
PBJ Invesco Food & Beverage ETF 2.8 57 -27 5.2 -5.4
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 2.8 59 -29 6.7 -3.8
STXK Strive Small-Cap ETF 2.8 18 12 4.9 -5.7
SYLD Cambria Shareholder Yield ETF 2.8 59 -29 11.4 +0.9
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 2.7 12 18 7.6 -3.0
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 2.7 39 -9 6.2 -4.4
ESML iShares ESG Aware MSCI USA Small-Cap ETF 2.7 17 13 5.1 -5.4
PHO Invesco Water Resources ETF 2.7 60 -30 4.2 -6.4
FDIV MarketDesk Focused U.S. Dividend ETF 2.7 35 -5 4.9 -5.7
FIW First Trust Water ETF 2.6 53 -23 4.5 -6.1
XTL SPDR S&P Telecom ETF 2.6 35 -5 5.1 -5.5
DFAS Dimensional U.S. Small Cap ETF 2.6 26 4 5.8 -4.8
SQLV Royce Quant Small-Cap Quality Value ETF 2.6 60 -30 7.5 -3.0
ACES ALPS Clean Energy ETF 2.5 55 -25 -3.4 -14.0
FXU First Trust Utilities AlphaDEX Fund 2.5 64 -34 5.4 -5.1
TAN Invesco Solar ETF 2.5 67 -37 8.6 -2.0
EATV VegTech Plant-based Innovation & Climate ETF 2.4 75 -45 3.4 -7.2
SCHA Schwab U.S. Small-Cap ETF 2.4 4 26 4.3 -6.2
FSMD Fidelity Small-Mid Multifactor ETF 2.4 15 15 7.1 -3.5
XSHQ Invesco S&P SmallCap Quality ETF 2.4 29 1 8.9 -1.7
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 2.4 29 1 10.5 -0.1
DFAT Dimensional U.S. Targeted Value ETF 2.4 28 2 8.4 -2.2
EFRA iShares Environmental Infrastructure and Industrials ETF 2.4 47 -17 4.6 -6.0
PSC Principal U.S. Small-Cap ETF 2.3 38 -8 6.2 -4.4
FAB First Trust Multi Cap Value AlphaDEX Fund 2.3 67 -37 9.1 -1.4
DFSV Dimensional US Small Cap Value ETF 2.3 31 -1 8.9 -1.6
TOKE Cambria Cannabis ETF 2.3 42 -12 1.6 -8.9
PRAY FIS Christian Stock Fund 2.3 69 -39 5.9 -4.7
ISCB iShares Morningstar Small-Cap ETF 2.3 4 26 5.0 -5.5
TPYP Tortoise North American Pipeline Fund 2.3 40 -10 4.9 -5.7
AFMC First Trust Active Factor Mid Cap ETF 2.2 65 -35 7.1 -3.4
XOP SPDR S&P Oil & Gas Exploration & Production ETF 2.2 35 -5 10.2 -0.4
FTRI First Trust Indxx Global Natural Resources Income ETF 2.2 70 -40 9.7 -0.9
DHS WisdomTree U.S. High Dividend Fund 2.2 38 -8 7.9 -2.7
IWO iShares Russell 2000 Growth ETF 2.2 24 6 0.7 -9.9
VTWG Vanguard Russell 2000 Growth ETF 2.2 15 15 0.7 -9.8
VBR Vanguard Small Cap Value ETF 2.2 7 23 7.8 -2.7
OSCV Opus Small Cap Value ETF 2.1 79 -49 6.0 -4.6
SMLF iShares U.S. SmallCap Equity Factor ETF 2.1 15 15 5.2 -5.4
ICAP InfraCap Equity Income Fund ETF 2.0 171 -141 6.2 -4.4
SURE AdvisorShares Insiders Advantage ETF 2.0 90 -60 10.1 -0.5
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 1.9 60 -30 5.8 -4.7
FUTY Fidelity MSCI Utilities Index ETF 1.9 8 22 5.5 -5.1
FYC First Trust Small Cap Growth AlphaDEX Fund 1.9 71 -41 0.4 -10.2
FRNW Fidelity Clean Energy ETF 1.9 39 -9 2.2 -8.4
VCLN Virtus Duff & Phelps Clean Energy ETF 1.8 59 -29 3.5 -7.1
VFMF Vanguard U.S. Multifactor ETF 1.8 18 12 8.7 -1.9
VPU Vanguard Utilities ETF 1.8 10 20 5.4 -5.2
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 1.8 69 -39 8.5 -2.1
EATZ AdvisorShares Restaurant ETF 1.8 101 -71 3.5 -7.1
JSML Janus Henderson Small Cap Growth Alpha ETF 1.7 30 0 7.0 -3.6
CVY Invesco Zacks Multi-Asset Income ETF 1.7 106 -76 11.4 +0.8
FNK First Trust Mid Cap Value AlphaDEX Fund 1.7 70 -40 10.4 -0.2
RNRG Global X Renewable Energy Producers ETF 1.7 66 -36 4.7 -5.8
EZM WisdomTree U.S. MidCap Fund 1.7 38 -8 7.8 -2.8
VFQY Vanguard U.S. Quality Factor ETF 1.7 13 17 7.4 -3.2
CGV Conductor Global Equity Value ETF 1.6 130 -100 10.9 +0.3
EBLU Ecofin Global Water ESG Fund 1.6 40 -10 4.0 -6.6
BLDG Cambria Global Real Estate ETF 1.6 60 -30 8.7 -1.9
FDHT Fidelity Digital Health ETF 1.6 39 -9 -2.2 -12.8
FXH First Trust Health Care AlphaDEX Fund 1.6 62 -32 6.8 -3.8
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.5 60 -30 1.6 -8.9
VB Vanguard Small-Cap ETF 1.5 5 25 5.2 -5.4
VFVA Vanguard U.S. Value Factor ETF 1.5 13 17 10.4 -0.2
VXF Vanguard Extended Market ETF 1.5 6 24 4.0 -6.6
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 1.4 56 -26 6.1 -4.4
IWC iShares Micro-Cap ETF 1.4 60 -30 -5.2 -15.8
XRT SPDR S&P Retail ETF 1.3 35 -5 9.7 -0.9
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.3 24 6 7.3 -3.3
FCG First Trust Natural Gas ETF 1.3 60 -30 13.4 +2.8
TMFS Motley Fool Small-Cap Growth ETF 1.3 85 -55 3.0 -7.6
DIVY Sound Equity Dividend Income ETF 1.3 45 -15 10.2 -0.4
QDF FlexShares Quality Dividend Index Fund 1.3 37 -7 4.3 -6.3
VFMV Vanguard U.S. Minimum Volatility ETF 1.3 13 17 5.0 -5.6
RNEW VanEck Green Infrastructure ETF 1.2 45 -15 -1.5 -12.1
ICLN iShares Global Clean Energy ETF 1.2 41 -11 4.7 -5.9
CRED Columbia Research Enhanced Real Estate ETF 1.2 33 -3 6.7 -3.9
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.2 58 -28 -1.4 -12.0
GDIV Harbor Dividend Growth Leaders ETF 1.2 50 -20 5.6 -5.0
FAN First Trust Global Wind Energy ETF 1.1 60 -30 5.2 -5.4
HAPY Harbor Human Capital Factor Unconstrained ETF 1.1 50 -20 4.6 -5.9
FTXG First Trust Nasdaq Food & Beverage ETF 1.1 60 -30 6.2 -4.4
PSL Invesco Dorsey Wright Consumer Staples Momentum ETF 1.1 60 -30 4.4 -6.1
ECML Euclidean Fundamental Value ETF 1.1 95 -65 13.0 +2.5
NUMV Nuveen ESG Mid-Cap Value ETF 1.1 31 -1 6.7 -3.9
UDI USCF Dividend Income Fund 1.1 65 -35 7.4 -3.2
IPDP Dividend Performers ETF 1.0 122 -92 5.2 -5.4
FTXN First Trust Nasdaq Oil & Gas ETF 1.0 60 -30 8.3 -2.3
FSTA FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF 1.0 8 22 5.8 -4.8
IEO iShares U.S. Oil & Gas Exploration & Production ETF 1.0 40 -10 10.2 -0.4
FIVG Defiance Next Gen Connectivity ETF 1.0 30 0 6.2 -4.4
TDV ProShares S&P Technology Dividend Aristocrats ETF 1.0 45 -15 5.5 -5.1
SIXG Defiance Connective Technologies ETF 1.0 30 0 6.3 -4.3
VFMO Vanguard U.S. Momentum Factor ETF 1.0 13 17 2.3 -8.3
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.0 7 23 5.6 -4.9
ISCG iShares Morningstar Small-Cap Growth ETF 1.0 6 24 2.4 -8.2
VDC Vanguard Consumer Staples ETF 1.0 10 20 5.8 -4.8
EIPX FT Energy Income Partners Strategy ETF 1.0 95 -65 6.9 -3.7
EINC VanEck Energy Income ETF 1.0 48 -18 4.3 -6.3
MLPX Global X MLP & Energy Infrastructure ETF 1.0 45 -15 4.4 -6.2
PXJ Invesco Oil & Gas Services ETF 1.0 63 -33 3.6 -7.0
IEZ iShares U.S. Oil Equipment & Services ETF 1.0 40 -10 2.4 -8.2
XES SPDR S&P Oil & Gas Equipment & Services ETF 1.0 35 -5 -0.2 -10.8
USAI Pacer American Energy Independence ETF 1.0 75 -45 3.8 -6.8
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.0 56 -26 13.5 +2.9
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 0.9 60 -30 6.3 -4.3
RNMC First Trust Mid Cap US Equity Select ETF 0.9 60 -30 6.3 -4.3
FSCS First Trust SMID Capital Strength ETF 0.9 60 -30 6.5 -4.1
FNX First Trust Mid Cap Core AlphaDEX Fund 0.9 60 -30 7.1 -3.5
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 0.9 49 -19 4.9 -5.7
VEGI iShares MSCI Agriculture Producers ETF 0.9 39 -9 9.4 -1.2
JHSC John Hancock Multifactor Small Cap ETF 0.9 42 -12 6.8 -3.7
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.9 27 3 6.9 -3.6
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.9 61 -31 6.4 -4.2
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.9 50 -20 5.2 -5.3
BFOR ALPS Barron's 400 ETF 0.8 65 -35 6.4 -4.2
HKND Humankind US Stock ETF 0.8 11 19 7.0 -3.6
CGDG Capital Group Dividend Growers ETF 0.8 47 -17 6.6 -4.0
DON WisdomTree U.S. MidCap Dividend Fund 0.8 38 -8 8.1 -2.5
SLX VanEck Steel ETF 0.8 56 -26 21.8 +11.3
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.8 46 -16 5.0 -5.6
EMLP First Trust North American Energy Infrastructure Fund 0.8 95 -65 5.0 -5.6
FMAT Fidelity MSCI Materials Index ETF 0.7 8 22 6.4 -4.2
JSTC Adasina Social Justice All Cap Global ETF 0.7 89 -59 4.8 -5.8
CUT Invesco MSCI Global Timber ETF 0.7 61 -31 8.3 -2.3
IVEG iShares Emergent Food and AgTech Multisector ETF 0.7 47 -17 8.1 -2.5
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.7 60 -30 6.3 -4.3
GVLU Gotham 1000 Value ETF 0.7 50 -20 7.2 -3.4
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.7 15 15 6.7 -3.9
SDY SPDR S&P Dividend ETF 0.7 35 -5 5.8 -4.8
HLGE Hartford Longevity Economy ETF 0.7 44 -14 6.0 -4.6
FCOM Fidelity MSCI Communication Services Index ETF 0.7 8 22 4.8 -5.8
ERET iShares Environmentally Aware Real Estate ETF 0.7 30 0 6.1 -4.4
SEIQ SEI Enhanced U.S. Large Cap Quality Factor ETF 0.7 15 15 7.2 -3.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.7 25 5 5.4 -5.2
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 0.7 11 19 6.1 -4.4
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.7 24 6 7.5 -3.1
VAW Vanguard Materials ETF 0.7 10 20 6.3 -4.3
VBK Vanguard Small-Cap Growth ETF 0.7 7 23 1.4 -9.2
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.7 30 0 8.0 -2.6
VOX Vanguard Communication Services ETF 0.6 10 20 4.7 -5.9
DSTL Distillate US Fundamental Stability & Value ETF 0.6 39 -9 7.4 -3.2
IQRA IQ CBRE Real Assets ETF 0.6 65 -35 5.0 -5.5
ONEY SPDR Russell 1000 Yield Focus ETF 0.6 20 10 9.4 -1.2
ANEW ProShares MSCI Transformational Changes ETF 0.6 45 -15 3.6 -6.9
COWZ Pacer US Cash Cows 100 ETF 0.6 49 -19 11.2 +0.6
VLU SPDR S&P 1500 Value Tilt ETF 0.6 12 18 6.9 -3.6
VAMO Cambria Value & Momentum ETF 0.6 61 -31 9.3 -1.3
JVAL JPMorgan U.S. Value Factor ETF 0.6 12 18 8.0 -2.6
FREL Fidelity MSCI Real Estate Index ETF 0.6 8 22 5.9 -4.7
IHF iShares U.S. Healthcare Providers ETF 0.6 40 -10 5.9 -4.7
EQAL Invesco Russell 1000 Equal Weight ETF 0.6 20 10 6.4 -4.2
RWR SPDR Dow Jones REIT ETF 0.6 25 5 5.9 -4.7
FENY Fidelity MSCI Energy Index ETF 0.6 8 22 7.3 -3.2
FRI First Trust S&P REIT Index Fund 0.6 50 -20 5.7 -4.9
USRT iShares Core U.S. REIT ETF 0.6 8 22 6.2 -4.4
SMOT VanEck Morningstar SMID Moat ETF 0.6 49 -19 6.1 -4.5
VDE Vanguard Energy ETF 0.6 10 20 7.3 -3.3
IGE iShares North American Natural Resources ETF 0.5 41 -11 7.0 -3.6
XME SPDR S&P Metals & Mining ETF 0.5 35 -5 8.9 -1.7
FSST Fidelity Sustainable U.S. Equity ETF 0.5 59 -29 2.6 -8.0
DTD WisdomTree U.S. Total Dividend Fund 0.5 28 2 6.1 -4.5
RWO SPDR Dow Jones Global Real Estate ETF 0.5 50 -20 5.7 -4.9
XT iShares Exponential Technologies ETF 0.5 46 -16 4.7 -5.9
VNQ Vanguard Real Estate ETF 0.5 12 18 6.0 -4.6
QDEF FlexShares Quality Dividend Defensive Index Fund 0.5 37 -7 4.0 -6.6
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.5 30 0 5.7 -4.8
PY Principal Value ETF 0.5 15 15 7.2 -3.4
DFAC Dimensional U.S. Core Equity 2 ETF 0.5 17 13 5.5 -5.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.5 64 -34 2.1 -8.5
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.5 45 -15 5.8 -4.8
GQRE FlexShares Global Quality Real Estate Index Fund 0.5 45 -15 5.8 -4.7
DFAR Dimensional US Real Estate ETF 0.5 19 11 6.1 -4.5
FNDB Schwab Fundamental US Broad Market Index ETF 0.5 25 5 6.8 -3.8
ECLN First Trust EIP Carbon Impact ETF 0.5 96 -66 4.5 -6.0
SCHH Schwab U.S. REIT ETF 0.5 7 23 6.2 -4.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.5 29 1 6.5 -4.1
VYM Vanguard High Dividend Yield Index ETF 0.5 6 24 7.0 -3.6
EIPI FT Energy Income Partners Enhanced Income ETF 0.4 110 -80 5.6 -5.0
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.4 20 10 7.6 -3.0
QQQS Invesco NASDAQ Future Gen 200 ETF 0.4 20 10 -9.0 -19.5
DRLL Strive U.S. Energy ETF 0.4 41 -11 8.5 -2.1
REET iShares Global REIT ETF 0.4 14 16 5.9 -4.6
DEW WisdomTree Global High Dividend Fund 0.4 58 -28 8.5 -2.1
DFSU Dimensional US Sustainability Core 1 ETF 0.4 18 12 5.6 -5.0
FLOW Global X U.S. Cash Flow Kings 100 ETF 0.4 25 5 10.8 +0.3
AVUS Avantis U.S. Equity ETF 0.4 15 15 5.8 -4.7
FELV Fidelity Enhanced Large Cap Value ETF 0.4 18 12 6.5 -4.0
HDUS Hartford Disciplined US Equity ETF 0.4 19 11 6.0 -4.6
DCOR Dimensional US Core Equity 1 ETF 0.4 14 16 5.5 -5.1
SCHM Schwab U.S. Mid-Cap ETF 0.4 4 26 6.1 -4.4
TMFX Motley Fool Next Index ETF 0.4 50 -20 3.0 -7.6
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 12 7.2 -3.4
AGNG Global X Aging Population ETF 0.4 50 -20 3.8 -6.7
DFGR Dimensional Global Real Estate ETF 0.4 22 8 5.9 -4.7
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.4 46 -16 9.4 -1.2
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.4 15 15 5.9 -4.7
DFUV Dimensional US Marketwide Value ETF 0.3 22 8 7.5 -3.1
FIDU Fidelity MSCI Industrial Index ETF 0.3 8 22 4.6 -5.9
AFLG First Trust Active Factor Large Cap ETF 0.3 55 -25 6.0 -4.6
DVY iShares Select Dividend ETF 0.3 38 -8 8.2 -2.4
PAVE Global X U.S. Infrastructure Development ETF 0.3 47 -17 5.6 -5.0
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.3 70 -40 2.9 -7.7
VIS Vanguard Industrials ETF 0.3 10 20 4.3 -6.2
SMMD iShares Russell 2500 ETF 0.3 15 15 5.9 -4.7
FVAL Fidelity Value Factor ETF 0.3 15 15 7.2 -3.3
SELV SEI Enhanced Low Volatility U.S. Large Cap ETF 0.3 15 15 6.4 -4.2
SFYX SoFi Next 500 ETF 0.3 0 30 4.9 -5.7
SCHD Schwab US Dividend Equity ETF 0.3 6 24 9.1 -1.4
GNR SPDR S&P Global Natural Resources ETF 0.3 40 -10 10.1 -0.5
JHMM John Hancock Multifactor Mid Cap ETF 0.2 42 -12 6.3 -4.3
IYR iShares U.S. Real Estate ETF 0.2 40 -10 5.8 -4.8
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.2 15 15 9.6 -1.0
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.2 8 22 4.8 -5.8
LUXX Roundhill S&P Global Luxury ETF 0.2 45 -15 3.1 -7.4
MADE iShares U.S. Manufacturing ETF 0.2 40 -10 5.7 -4.8
PPH VanEck Pharmaceutical ETF 0.2 36 -6 8.4 -2.2
DFAU Dimensional US Core Equity Market ETF 0.2 12 18 5.2 -5.4
SAGP Strategas Global Policy Opportunities ETF 0.2 65 -35 5.2 -5.3
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 -17 5.3 -5.3
TXS Texas Capital Texas Equity Index ETF 0.2 49 -19 5.2 -5.4
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 -9 7.0 -3.6
ITAN Sparkline Intangible Value ETF 0.2 50 -20 6.2 -4.4
IWS iShares Russell Mid-Cap Value ETF 0.2 23 7 6.5 -4.1
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.2 38 -8 6.3 -4.2
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.2 4 26 5.8 -4.7
ROUS Hartford Multifactor US Equity ETF 0.2 19 11 6.7 -3.8
FMDE Fidelity Enhanced Mid Cap ETF 0.2 23 7 6.3 -4.2
KRUZ Unusual Whales Subversive Republican Trading ETF 0.2 75 -45 5.7 -4.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 27 5.0 -5.6
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.2 3 27 5.3 -5.3
IWV iShares Russell 3000 ETF 0.2 20 10 4.8 -5.8
PFM Invesco Dividend Achievers ETF 0.2 53 -23 5.3 -5.3
VTI Vanguard Total Stock Market ETF 0.2 3 27 4.9 -5.7
SCHB Schwab U.S. Broad Market ETF 0.2 3 27 5.0 -5.5
VTHR Vanguard Russell 3000 ETF 0.2 10 20 4.9 -5.7
VCR Vanguard Consumer Discretionary ETF 0.2 10 20 4.7 -5.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 21 5.6 -5.0
VIG Vanguard Dividend Appreciation ETF 0.2 6 24 5.6 -5.0
IDU iShares U.S. Utilities ETF 0.2 40 -10 4.9 -5.7
IWR iShares Russell Midcap ETF 0.2 19 11 5.7 -4.9
DFUS Dimensional U.S. Equity ETF 0.2 9 21 5.0 -5.5
IYJ iShares U.S. Industrials ETF 0.2 40 -10 4.7 -5.9
FNDX Schwab Fundamental US Large Co. Index ETF 0.2 25 5 6.9 -3.7
AIEQ AI Powered Equity ETF 0.2 75 -45 1.8 -8.8
DEUS Xtrackers Russell US Multifactor ETF 0.2 17 13 7.0 -3.6
DIVB iShares Core Dividend ETF 0.2 5 25 7.6 -3.0
IUS Invesco RAFI Strategic US ETF 0.2 19 11 6.9 -3.6
AVLV Avantis U.S. Large Cap Value ETF 0.2 15 15 7.4 -3.2
NUDV Nuveen ESG Dividend ETF 0.2 26 4 7.1 -3.5
QGRO American Century U.S. Quality Growth ETF 0.2 29 1 4.7 -5.9
FILL iShares MSCI Global Energy Producers ETF 0.1 39 -9 10.5 -0.1
ONEO SPDR Russell 1000 Momentum Focus ETF 0.1 20 10 7.0 -3.6
ROOF IQ CBRE NextGen Real Estate ETF 0.1 60 -30 7.5 -3.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 9 4.0 -6.6
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 21 4.9 -5.7
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 15 5.9 -4.7
REVS Columbia Research Enhanced Value ETF 0.1 19 11 7.6 -3.0
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -30 4.1 -6.5
IEDI iShares U.S. Consumer Focused ETF 0.1 18 12 5.1 -5.4
LRGF iShares U.S. Equity Factor ETF 0.1 8 22 5.8 -4.8
VALQ American Century U.S. Quality Value ETF 0.1 29 1 7.3 -3.3
FNCL Fidelity MSCI Financials Index ETF 0.1 8 22 6.1 -4.5
FDL First Trust Morningstar Dividend Leaders Index Fund 0.1 45 -15 8.8 -1.7
DGRO iShares Core Dividend Growth ETF 0.1 8 22 6.3 -4.3
KOMP SPDR S&P Kensho New Economies Composite ETF 0.1 20 10 1.1 -9.4
PRNT 3D Printing ETF 0.1 66 -36 -0.2 -10.8
VFH Vanguard Financials ETF 0.1 10 20 6.1 -4.4
VT Vanguard Total World Stock ETF 0.1 7 23 5.6 -4.9
FHLC Fidelity MSCI Health Care Index ETF 0.1 8 22 5.4 -5.2
REZ iShares Residential and Multisector Real Estate ETF 0.1 48 -18 5.0 -5.6
DSI iShares MSCI KLD 400 Social ETF 0.1 25 5 5.1 -5.4
DURA VanEck Durable High Dividend ETF 0.1 29 1 6.8 -3.8
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.1 19 11 6.3 -4.3
DGRW WisdomTree US Quality Dividend Growth Fund 0.1 28 2 5.9 -4.6
CCMG CCM Global Equity ETF 0.1 34 -4 7.6 -3.0
RECS Columbia Research Enhanced Core ETF 0.1 15 15 5.6 -4.9
OALC OneAscent Large Cap Core ETF 0.1 86 -56 4.4 -6.2
VHT Vanguard Health Care ETF 0.1 10 20 5.2 -5.4
STXV Strive 1000 Value ETF 0.1 18 12 7.5 -3.0
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 18 4.6 -5.9
VONV Vanguard Russell 1000 Value ETF 0.1 8 22 6.4 -4.2
PKW Invesco Buyback Achievers ETF 0.1 62 -32 6.9 -3.7
APUE ActivePassive U.S. Equity ETF 0.1 45 -15 4.9 -5.7
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 18 6.4 -4.2
PAWZ ProShares Pet Care ETF 0.1 50 -20 3.4 -7.2
SXQG ETC 6 Meridian Quality Growth ETF 0.1 100 -70 4.0 -6.6
VIRS Pacer BioThreat Strategy ETF 0.1 70 -40 5.9 -4.7
IWD iShares Russell 1000 Value ETF 0.1 19 11 6.3 -4.3
DUHP Dimensional US High Profitability ETF 0.1 21 9 6.6 -4.0
PICK iShares MSCI Global Metals & Mining Producers ETF 0.1 39 -9 13.2 +2.7
PTL Inspire 500 ETF 0.1 9 21 5.7 -4.9
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -45 4.3 -6.3
VEGN US Vegan Climate ETF 0.1 60 -30 4.7 -5.9
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 26 6.4 -4.2
IYY iShares Dow Jones U.S. ETF 0.0 20 10 4.9 -5.7
IYH iShares U.S. Healthcare ETF 0.0 40 -10 5.9 -4.7
AVRE Avantis Real Estate ETF 0.0 17 13 5.5 -5.0
JHML John Hancock Multifactor Large Cap ETF 0.0 29 1 5.4 -5.2
STXD Strive 1000 Dividend Growth ETF 0.0 35 -5 5.0 -5.6
IWB iShares Russell 1000 ETF 0.0 15 15 5.0 -5.6
VONE Vanguard Russell 1000 ETF 0.0 8 22 5.1 -5.5
WOMN Impact Shares YWCA Women's Empowerment ETF 0.0 75 -45 4.8 -5.8
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 15 4.8 -5.8
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 19 5.1 -5.5
HLAL Wahed FTSE USA Shariah ETF 0.0 50 -20 4.8 -5.7
SCHK Schwab 1000 Index ETF 0.0 5 25 5.1 -5.4
SCHX Schwab U.S. Large-Cap ETF 0.0 3 27 5.1 -5.4
JQUA JPMorgan U.S. Quality Factor ETF 0.0 12 18 5.8 -4.8
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 -19 5.6 -5.0
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 10 5.0 -5.6
IWP iShares Russell Mid-Cap Growth ETF 0.0 23 7 3.3 -7.2
ITB iShares U.S. Home Construction ETF 0.0 40 -10 9.7 -0.9
STXG Strive 1000 Growth ETF 0.0 18 12 4.2 -6.4
TDVG T. Rowe Price Dividend Growth ETF 0.0 50 -20 4.7 -5.9
IWF iShares Russell 1000 Growth ETF 0.0 19 11 4.5 -6.0
VONG Vanguard Russell 1000 Growth ETF 0.0 8 22 4.7 -5.9
PSCC Invesco S&P SmallCap Consumer Staples ETF 0.0 29 1 7.7 -2.9
PSCE Invesco S&P SmallCap Energy ETF 0.0 29 1 5.1 -5.5

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 12.6 %
Divided by: Fwd. P/BV 1.2 x
Less: Expense ratio 30 bp
Equals: ALTAR Score 10.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.69 CATEGORY
AVERAGE		 1.57
 
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.