Invesco S&P SmallCap High Dividend Low Volatility ETF
ALTAR
Score™		 14.6% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 9.1x P/Sales
ratio		 1.0x
P/BV
ratio		 0.9x Div.
yield		 7.5%


  • 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) $69
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) $1,388
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 31.9%
Small cap (<$2bn) 68.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
GLOBAL NET LEASE INC 3.6 %
INNOVATIVE INDUSTRIAL PROPERTIES I 3.2 %
ARMADA HOFFLER PROPERTIES IN 3.0 %
EASTERLY GOVERNMENT PROPERTIES INC 3.0 %
BRANDYWINE REALTY TRUST 2.9 %
TWO HARBORS INVESTMENT CORP 2.9 %
ARBOR REALTY TRUST INC 2.9 %
DELUXE CORP 2.9 %
ARMOUR RESIDENTIAL REIT INC 2.8 %
READY CAPITAL CORPORATION 2.6 %
Total 29.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 90.9 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
6.6% -0.7% -3.4% -- -0.8%

Market Correlations
versus... Beta R-squared
S&P500 0.61 43%
MSCI EAFE 0.71 43%
MSCI Emg. Mkts. 0.54 29%

Technical Indicators
Recent close $12.69
30d moving avg. $13.41
Annualized volatility 20.1%
Short interest (ETF) 0.1%
Short interest (Underlying) 5.5%
Relative strength (RSI) 40

Liquidity measures
Avg. volume (thou.) 40
Turnover 0.7%
Bid/Ask (% of price) 0.11%
ADV underlying (mns) $723

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 407 potential alternatives to the Invesco S&P SmallCap High Dividend Low Volatility ETF ETF based on the alternatives' overlap in portfolio holdings with XSHD. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: XSHD Expense: 30 bp ALTAR Score™: 14.6%


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
(%)
RIET Hoya Capital High Dividend Yield ETF 17.5 50 -20 14.7 +0.1
SIXS ETC 6 Meridian Small Cap Equity ETF 16.5 89 -59 8.5 -6.1
PSCU Invesco S&P SmallCap Utilities & Communication Services ETF 15.4 29 1 4.1 -10.5
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 15.4 35 -5 9.4 -5.1
RDOG ALPS REIT Dividend Dogs ETF 14.8 35 -5 13.4 -1.2
XSVM Invesco S&P SmallCap Value with Momentum ETF 14.7 36 -6 9.5 -5.1
MORT VanEck Mortgage REIT Income ETF 14.1 43 -13 18.8 +4.2
SMDV ProShares Russell 2000 Dividend Growers ETF 13.9 40 -10 7.5 -7.1
REM iShares Mortgage Real Estate ETF 13.6 48 -18 20.9 +6.3
KBWY Invesco KBW Premium Yield Equity REIT ETF 12.2 35 -5 10.0 -4.6
DIV Global X SuperDividend US ETF 12.1 45 -15 9.9 -4.7
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 12.1 38 -8 9.8 -4.8
KBWD Invesco KBW High Dividend Yield Financial ETF 11.8 384 -354 17.2 +2.6
PEY Invesco High Yield Equity Dividend Achievers ETF 11.2 52 -22 9.7 -4.9
FYT First Trust Small Cap Value AlphaDEX Fund 11.1 73 -43 10.9 -3.7
DES WisdomTree U.S. SmallCap Dividend Fund 9.9 38 -8 8.9 -5.7
RZV Invesco S&P Smallcap 600 Pure Value ETF 9.8 35 -5 8.3 -6.3
SDIV Global X Superdividend ETF 9.7 58 -28 13.9 -0.7
IFRA iShares U.S. Infrastructure ETF 9.1 30 0 6.0 -8.6
PSCC Invesco S&P SmallCap Consumer Staples ETF 8.7 29 1 8.8 -5.8
VIOV Vanguard S&P Small-Cap 600 Value ETF 8.7 10 20 10.0 -4.6
IJS iShares S&P Small-Cap 600 Value ETF 8.7 18 12 10.0 -4.6
SLYV State Street SPDR S&P 600 Small Cap Value ETF 8.7 15 15 10.0 -4.6
TMDV ProShares Russell US Dividend Growers ETF 8.7 35 -5 6.5 -8.1
ROSC Hartford Multifactor Small Cap ETF 8.3 34 -4 7.9 -6.7
SIXL ETC 6 Meridian Low Beta Equity ETF 7.6 80 -50 6.0 -8.5
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 7.5 80 -50 7.1 -7.5
RWJ Invesco S&P SmallCap 600 Revenue ETF 7.4 39 -9 8.5 -6.1
SRET Global X SuperDividend REIT ETF 7.3 59 -29 13.3 -1.3
ESIX State Street SPDR S&P SmallCap 600 ESG ETF 7.3 12 18 7.5 -7.1
GRPZ Invesco S&P SmallCap 600 GARP ETF 7.0 35 -5 6.8 -7.8
XJR iShares ESG Screened S&P Small-Cap ETF 7.0 12 18 7.0 -7.6
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 6.9 29 1 7.1 -7.5
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 6.9 15 15 7.0 -7.6
FYX First Trust Small Cap Core AlphaDEX Fund 6.8 61 -31 6.2 -8.4
NETL NETLease Corporate Real Estate ETF 6.7 60 -30 7.9 -6.7
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 6.4 3 27 7.2 -7.4
VIOO Vanguard S&P Small-Cap 600 ETF 6.4 7 23 7.0 -7.6
IJR iShares Core S&P Small Cap ETF 6.4 6 24 7.1 -7.5
FLQS Franklin U.S. Small Cap Multifactor Index ETF 6.3 35 -5 6.6 -8.0
RFDA RiverFront Dynamic US Dividend Advantage ETF 5.9 52 -22 5.7 -8.9
PSCM Invesco S&P SmallCap Materials ETF 5.7 29 1 10.8 -3.8
USVM VictoryShares US Small Mid Cap Value Momentum ETF 5.6 25 5 8.7 -5.9
CSA VictoryShares US Small Cap Volatility Wtd ETF 5.5 35 -5 6.4 -8.2
SVAL iShares US Small Cap Value Factor ETF 5.4 20 10 8.3 -6.3
XSHQ Invesco S&P SmallCap Quality ETF 5.4 29 1 7.4 -7.2
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 5.3 12 18 3.8 -10.8
PSCI Invesco S&P SmallCap Industrials ETF 5.3 29 1 5.2 -9.4
WBIY WBI Power Factor High Dividend ETF 5.2 100 -70 12.6 -2.0
ISMD Inspire Small/Mid Cap ETF 5.0 54 -24 6.0 -8.6
BSVO EA Bridgeway Omni Small-Cap Value ETF 5.0 47 -17 8.7 -5.9
EES WisdomTree U.S. SmallCap Fund 4.8 38 -8 8.8 -5.8
FNDA Schwab Fundamental US Small Co. Index ETF 4.7 25 5 6.8 -7.8
TPSC Timothy Plan US Small Cap Core ETF 4.6 52 -22 7.2 -7.4
PSCF Invesco S&P SmallCap Financials ETF 4.5 29 1 9.3 -5.3
RZG Invesco S&P Smallcap 600 Pure Growth ETF 4.5 35 -5 3.5 -11.1
KVLE KraneShares Value Line Dynamic Dividend Equity Index ETF 4.4 56 -26 7.5 -7.1
ICAP InfraCap Equity Income Fund ETF 4.3 171 -141 4.9 -9.7
HAPS Harbor Human Capital Factor US Small Cap ETF 4.3 60 -30 4.0 -10.6
XSMO Invesco S&P SmallCap Momentum ETF 4.2 39 -9 4.2 -10.4
JPSV JPMorgan Active Small Cap Value ETF 4.2 74 -44 8.4 -6.2
VIOG Vanguard S&P Small-Cap 600 Growth ETF 4.0 10 20 4.1 -10.5
IJT iShares S&P Small-Cap 600 Growth ETF 4.0 18 12 4.2 -10.4
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 4.0 15 15 4.2 -10.4
IWN iShares Russell 2000 Value ETF 3.9 24 6 5.5 -9.1
VTWV Vanguard Russell 2000 Value ETF 3.9 10 20 5.6 -9.0
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 3.8 9 21 4.3 -10.3
AVUV Avantis U.S. Small Cap Value ETF 3.8 25 5 8.9 -5.7
SCOW Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF 3.7 59 -29 9.0 -5.6
WCEO Hypatia Women CEO ETF 3.7 85 -55 5.3 -9.3
AVSC Avantis U.S Small Cap Equity ETF 3.7 25 5 5.3 -9.3
DSMC Distillate Small/Mid Cash Flow ETF 3.7 55 -25 11.7 -2.9
TCV Towle Value ETF 3.6 85 -55 11.0 -3.6
CGW Invesco S&P Global Water Index ETF 3.6 57 -27 4.6 -10.0
SQLV Royce Quant Small-Cap Quality Value ETF 3.5 60 -30 8.9 -5.7
PSL Invesco Dorsey Wright Consumer Staples Momentum ETF 3.4 60 -30 5.7 -8.9
WDIV SPDR S&P Global Dividend ETF 3.3 40 -10 9.6 -5.0
AFSM First Trust Active Factor Small Cap ETF 3.3 75 -45 6.7 -7.9
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 3.3 39 -9 2.6 -12.0
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 3.2 35 -5 7.0 -7.6
REAI Intelligent Real Estate ETF 3.2 59 -29 6.1 -8.5
AQWA Global X Clean Water ETF 3.0 50 -20 5.0 -9.6
PBJ Invesco Food & Beverage ETF 3.0 57 -27 7.9 -6.7
FDLS Inspire Fidelis Multi Factor ETF 3.0 76 -46 3.7 -10.9
SURE AdvisorShares Insiders Advantage ETF 3.0 90 -60 8.6 -6.0
ECML Euclidean Fundamental Value ETF 2.9 95 -65 9.6 -5.0
TBLU Tortoise Global Water ESG ETF 2.9 40 -10 4.6 -10.0
FESM Fidelity Enhanced Small Cap ETF 2.8 28 2 2.7 -11.9
RSSL Global X Russell 2000 ETF 2.8 8 22 3.1 -11.5
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 2.7 20 10 4.6 -10.0
DEEP Roundhill Acquirers Deep Value ETF 2.7 80 -50 17.5 +2.9
IWM iShares Russell 2000 ETF 2.7 19 11 3.0 -11.6
FAB First Trust Multi Cap Value AlphaDEX Fund 2.7 67 -37 9.2 -5.4
DFSV Dimensional US Small Cap Value ETF 2.7 31 -1 9.7 -4.9
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 2.6 39 -9 4.0 -10.6
FXU First Trust Utilities AlphaDEX Fund 2.6 64 -34 5.3 -9.3
ISCV iShares Morningstar Small Cap Value ETF 2.5 6 24 8.5 -6.0
BEDZ AdvisorShares Hotel ETF 2.5 100 -70 5.8 -8.8
PSC Principal U.S. Small-Cap ETF 2.5 38 -8 4.2 -10.4
FIW First Trust Water ETF 2.5 53 -23 5.1 -9.5
CALF Pacer US Small Cap Cash Cows 100 ETF 2.5 59 -29 9.9 -4.6
SFLO VictoryShares Small Cap Free Cash Flow ETF 2.4 49 -19 8.8 -5.8
SCHA Schwab U.S. Small-Cap ETF 2.4 4 26 5.0 -9.6
STXK Strive Small-Cap ETF 2.4 18 12 5.7 -8.9
VTWO Vanguard Russell 2000 ETF 2.3 7 23 3.2 -11.4
AFMC First Trust Active Factor Mid Cap ETF 2.3 65 -35 7.8 -6.8
NURE Nuveen Short-Term REIT ETF 2.3 35 -5 7.9 -6.7
DGLO First Trust RBA Deglobalization ETF 2.3 70 -40 5.7 -8.9
OUSM ALPS O'Shares US Small-Cap Quality Dividend ETF 2.3 48 -18 8.4 -6.2
DFAT Dimensional U.S. Targeted Value ETF 2.3 28 2 9.5 -5.1
SYLD Cambria Shareholder Yield ETF 2.3 59 -29 11.1 -3.5
CVAR Cultivar ETF 2.2 87 -57 7.3 -7.3
PPTY US Diversified Real Estate ETF 2.2 53 -23 8.2 -6.4
BKSE BNY Mellon US Small Cap Core Equity ETF 2.2 4 26 5.8 -8.8
ETHO Etho Climate Leadership U.S. ETF 2.2 47 -17 4.9 -9.7
EFRA iShares Environmental Infrastructure and Industrials ETF 2.2 47 -17 5.2 -9.4
PSCH Invesco S&P SmallCap Health Care ETF 2.1 29 1 2.8 -11.8
FYC First Trust Small Cap Growth AlphaDEX Fund 2.1 71 -41 -0.6 -15.2
XES State Street SPDR S&P Oil & Gas Equipment & Services ETF 2.0 35 -5 1.3 -13.3
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 2.0 20 10 5.9 -8.7
CUT Invesco MSCI Global Timber ETF 2.0 61 -31 8.6 -6.0
BLDG Cambria Global Real Estate ETF 2.0 60 -30 11.9 -2.7
FTXG First Trust Nasdaq Food & Beverage ETF 1.9 60 -30 7.8 -6.8
ZIG Acquirers Fund 1.9 84 -54 20.8 +6.2
PHO Invesco Water Resources ETF 1.9 60 -30 5.0 -9.6
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.9 60 -30 6.2 -8.4
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.9 17 13 5.5 -9.0
VFMV Vanguard U.S. Minimum Volatility ETF 1.9 13 17 5.9 -8.7
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 1.9 15 15 6.7 -7.9
DFAS Dimensional U.S. Small Cap ETF 1.9 26 4 6.2 -8.4
HOMZ Hoya Capital Housing ETF 1.9 30 0 10.9 -3.7
JHSC John Hancock Multifactor Small Cap ETF 1.9 42 -12 6.6 -8.0
VAMO Cambria Value & Momentum ETF 1.8 61 -31 5.3 -9.3
PSCE Invesco S&P SmallCap Energy ETF 1.8 29 1 6.7 -7.9
VICE AdvisorShares Vice ETF 1.8 99 -69 5.9 -8.7
TOKE Cambria Cannabis ETF 1.8 42 -12 1.1 -13.5
CCNR ALPS CoreCommodity Natural Resources ETF 1.8 39 -9 8.4 -6.2
FSMD Fidelity Small-Mid Multifactor ETF 1.8 15 15 7.2 -7.3
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 1.8 59 -29 5.1 -9.5
FVD First Trust Value Line Dividend Index Fund 1.8 65 -35 5.8 -8.8
VFVA Vanguard U.S. Value Factor ETF 1.7 13 17 10.2 -4.4
FDM First Trust Dow Jones Select MicroCap Index Fund 1.7 60 -30 7.6 -7.0
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.7 24 6 6.6 -8.0
VBR Vanguard Small Cap Value ETF 1.7 7 23 8.5 -6.1
ABLD Abacus FCF Real Assets Leaders ETF 1.6 69 -39 6.6 -8.0
TAN Invesco Solar ETF 1.6 67 -37 4.5 -10.1
FRNW Fidelity Clean Energy ETF 1.6 39 -9 2.0 -12.6
VCLN Virtus Duff & Phelps Clean Energy ETF 1.6 59 -29 2.7 -11.9
NBCT Neuberger Berman Carbon Transition Infrastructure ETF 1.6 55 -25 4.6 -10.0
ACES ALPS Clean Energy ETF 1.6 55 -25 -2.8 -17.4
FAN First Trust Global Wind Energy ETF 1.6 60 -30 3.0 -11.6
RNRG Global X Renewable Energy Producers ETF 1.6 66 -36 4.6 -10.0
ICLN iShares Global Clean Energy ETF 1.6 41 -11 2.0 -12.6
TPYP Tortoise North American Pipeline Fund 1.6 40 -10 4.8 -9.8
CNRG State Street SPDR S&P Kensho Clean Power ETF 1.6 45 -15 0.0 -14.6
DIVY Sound Equity Dividend Income ETF 1.6 45 -15 8.6 -6.0
VPU Vanguard Utilities ETF 1.6 9 21 4.9 -9.7
IRET iREIT - MarketVector Quality REIT Index ETF 1.6 60 -30 6.5 -8.1
FUTY Fidelity MSCI Utilities Index ETF 1.6 8 22 4.9 -9.7
ISCB iShares Morningstar Small-Cap ETF 1.6 4 26 5.9 -8.6
IWO iShares Russell 2000 Growth ETF 1.6 24 6 0.6 -14.0
XME State Street SPDR S&P Metals & Mining ETF 1.5 35 -5 5.7 -8.8
XRT State Street SPDR S&P Retail ETF 1.5 35 -5 8.0 -6.6
FNK First Trust Mid Cap Value AlphaDEX Fund 1.5 70 -40 10.3 -4.3
NUSC Nuveen ESG Small-Cap ETF 1.5 31 -1 5.5 -9.1
DESK VanEck Office and Commercial REIT ETF 1.5 50 -20 16.3 +1.7
CVY Invesco Zacks Multi-Asset Income ETF 1.5 106 -76 10.7 -3.9
XTL State Street SPDR S&P Telecom ETF 1.4 35 -5 2.0 -12.6
SMLF iShares U.S. SmallCap Equity Factor ETF 1.4 15 15 5.5 -9.1
IEZ iShares U.S. Oil Equipment & Services ETF 1.4 40 -10 2.8 -11.8
SMCF Themes US Small Cap Cash Flow Champions ETF 1.4 29 1 10.7 -3.9
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF 1.4 49 -19 5.0 -9.6
FDHT Fidelity Digital Health ETF 1.3 39 -9 1.7 -12.9
QCLN First Trust Nasdaq Clean Edge Green Energy Index Fund 1.3 58 -28 -2.1 -16.7
RNIN Bushido Capital US SMID Cap Equity ETF 1.3 70 -40 11.6 -2.9
FTRI First Trust Indxx Global Natural Resources Income ETF 1.3 70 -40 6.6 -8.0
VXF Vanguard Extended Market ETF 1.3 5 25 4.2 -10.4
FSTA FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF 1.2 8 22 5.6 -9.0
PRNT 3D Printing ETF 1.2 66 -36 1.6 -13.0
VTWG Vanguard Russell 2000 Growth ETF 1.2 10 20 0.8 -13.8
DHS WisdomTree U.S. High Dividend Fund 1.2 38 -8 8.5 -6.1
VDC Vanguard Consumer Staples ETF 1.2 9 21 5.5 -9.1
OPTZ Optimize Strategy Index ETF 1.2 50 -20 4.2 -10.3
FNX First Trust Mid Cap Core AlphaDEX Fund 1.2 60 -30 6.8 -7.8
FCPI Fidelity Stocks for Inflation ETF 1.2 15 15 6.3 -8.3
ARB AltShares Merger Arbitrage ETF 1.2 77 -47 2.6 -12.0
VB Vanguard Small-Cap ETF 1.2 5 25 5.7 -8.9
VRAI Virtus Real Asset Income ETF 1.1 55 -25 8.8 -5.8
MOO VanEck Agribusiness ETF 1.1 53 -23 8.9 -5.7
PXJ Invesco Oil & Gas Services ETF 1.1 63 -33 3.0 -11.6
TTAC FCF US Quality ETF 1.1 59 -29 5.3 -9.3
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 1.1 29 1 9.2 -5.4
VFMF Vanguard U.S. Multifactor ETF 1.1 18 12 7.2 -7.3
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 1.1 60 -30 4.6 -10.0
WOOD iShares Global Timber & Forestry ETF 1.1 42 -12 11.6 -3.0
IWC iShares Micro-Cap ETF 1.1 60 -30 -1.5 -16.1
BLOK Amplify Transformational Data Sharing ETF 1.1 75 -45 -0.1 -14.6
PXI Invesco Dorsey Wright Energy Momentum ETF 1.0 60 -30 5.2 -9.4
EINC VanEck Energy Income ETF 1.0 48 -18 4.4 -10.2
MLPX Global X MLP & Energy Infrastructure ETF 1.0 45 -15 4.2 -10.4
USAI Pacer American Energy Independence ETF 1.0 75 -45 3.4 -11.2
SAWS AAM Sawgrass US Small Cap Quality Growth ETF 1.0 55 -25 3.5 -11.0
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF 1.0 59 -29 3.1 -11.5
EIPX FT Energy Income Partners Strategy ETF 1.0 95 -65 5.8 -8.8
CGV Conductor Global Equity Value ETF 1.0 130 -100 8.0 -6.5
WSML iShares MSCI World Small-Cap ETF 1.0 15 15 6.0 -8.6
VEGI iShares MSCI Agriculture Producers ETF 1.0 39 -9 7.6 -7.0
BFOR ALPS Barron's 400 ETF 1.0 65 -35 5.4 -9.2
BYRE Principal Real Estate Active Opportunities ETF 1.0 65 -35 7.5 -7.1
PAVE Global X U.S. Infrastructure Development ETF 1.0 47 -17 4.8 -9.8
SMOT VanEck Morningstar SMID Moat ETF 0.9 49 -19 6.9 -7.6
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.9 20 10 0.9 -13.6
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 0.9 11 19 7.6 -6.9
GVLU Gotham 1000 Value ETF 0.9 50 -20 8.7 -5.9
OIH VanEck Oil Services ETF 0.9 35 -5 2.7 -11.9
GPT Intelligent Alpha Atlas ETF 0.9 69 -39 6.7 -7.9
PUI Invesco Dorsey Wright Utilities Momentum ETF 0.8 60 -30 4.4 -10.1
VFQY Vanguard U.S. Quality Factor ETF 0.8 13 17 6.0 -8.6
FMAT Fidelity MSCI Materials Index ETF 0.8 8 22 5.4 -9.2
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 0.8 55 -25 9.9 -4.7
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.8 24 6 7.6 -6.9
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.8 70 -40 2.3 -12.3
DXUV Dimensional US Vector Equity ETF 0.8 28 2 5.7 -8.9
VAW Vanguard Materials ETF 0.8 9 21 5.4 -9.2
MGMT Ballast Small/Mid Cap ETF 0.8 110 -80 8.1 -6.5
ROUS Hartford Multifactor US Equity ETF 0.7 19 11 5.8 -8.8
JVAL JPMorgan U.S. Value Factor ETF 0.7 12 18 7.7 -6.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.7 56 -26 10.4 -4.2
XHS State Street SPDR S&P Health Care Services ETF 0.7 35 -5 4.3 -10.3
RWR State Street SPDR Dow Jones REIT ETF 0.7 25 5 7.3 -7.3
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.7 61 -31 6.4 -8.2
ZAP Global X U.S. Electrification ETF 0.7 50 -20 3.6 -11.0
EMLP First Trust North American Energy Infrastructure Fund 0.7 95 -65 4.6 -10.0
SMOX Horizon Small/Mid Cap Core Equity ETF 0.7 75 -45 5.9 -8.7
NANR SPDR S&P North American Natural Resources ETF 0.7 35 -5 6.5 -8.1
EIPI FT Energy Income Partners Enhanced Income ETF 0.7 110 -80 5.3 -9.3
USRT iShares Core U.S. REIT ETF 0.7 8 22 7.6 -7.0
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.7 64 -34 1.5 -13.1
QLV FlexShares US Quality Low Volatility Index Fund 0.7 22 8 5.2 -9.4
DEW WisdomTree Global High Dividend Fund 0.6 58 -28 7.6 -7.0
LST Leuthold Select Industries ETF 0.6 91 -61 5.5 -9.1
HDUS Hartford Disciplined US Equity ETF 0.6 19 11 5.1 -9.4
FRI First Trust S&P REIT Index Fund 0.6 50 -20 7.0 -7.5
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.6 50 -20 5.7 -8.9
GQRE FlexShares Global Quality Real Estate Index Fund 0.6 45 -15 7.8 -6.8
BOUT Innovator IBD Breakout Opportunities ETF 0.6 81 -51 3.4 -11.2
ISCG iShares Morningstar Small-Cap Growth ETF 0.6 6 24 3.0 -11.6
VNQ Vanguard Real Estate ETF 0.6 13 17 7.2 -7.4
SAGP Strategas Global Policy Opportunities ETF 0.6 65 -35 5.0 -9.6
DFAR Dimensional US Real Estate ETF 0.6 19 11 7.8 -6.8
CGDG Capital Group Dividend Growers ETF 0.6 47 -17 5.4 -9.2
EZM WisdomTree U.S. MidCap Fund 0.6 38 -8 8.7 -5.9
EBI Longview Advantage ETF 0.6 35 -5 6.5 -8.1
FTXN First Trust Nasdaq Oil & Gas ETF 0.6 60 -30 8.2 -6.4
LQPE PEO AlphaQuest Thematic PE ETF 0.6 125 -95 5.3 -9.3
EQAL Invesco Russell 1000 Equal Weight ETF 0.5 20 10 6.5 -8.1
RNMC First Trust Mid Cap US Equity Select ETF 0.5 60 -30 6.6 -7.9
RNSC Furst Trust Small Cap US Equity Select ETF 0.5 60 -30 4.7 -9.9
FSCS First Trust SMID Capital Strength ETF 0.5 60 -30 7.0 -7.5
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 0.5 60 -30 5.5 -9.1
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.5 79 -49 4.7 -9.9
SCDV Bahl & Gaynor Small Cap Dividend ETF 0.5 70 -40 4.2 -10.4
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.5 25 5 5.4 -9.2
LVHD Franklin U.S. Low Volatility High Dividend Index ETF 0.5 27 3 6.6 -8.0
TOLZ ProShares DJ Brookfield Global Infrastructure ETF 0.5 46 -16 5.1 -9.5
RWO SPDR Dow Jones Global Real Estate ETF 0.5 50 -20 6.7 -7.9
SDY State Street SPDR S&P Dividend ETF 0.5 35 -5 6.2 -8.3
SCHH Schwab U.S. REIT ETF 0.5 7 23 7.8 -6.8
FREL Fidelity MSCI Real Estate Index ETF 0.5 8 22 7.5 -7.1
HART IQ Healthy Hearts ETF 0.5 45 -15 5.7 -8.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.5 29 1 6.1 -8.5
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.5 12 18 6.7 -7.9
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.5 20 10 9.3 -5.3
AIVL WisdomTree U.S. AI Enhanced Value Fund 0.5 38 -8 5.5 -9.1
VFMO Vanguard U.S. Momentum Factor ETF 0.5 13 17 1.9 -12.6
IDU iShares U.S. Utilities ETF 0.4 40 -10 4.4 -10.2
QDEF FlexShares Quality Dividend Defensive Index Fund 0.4 37 -7 5.8 -8.8
QDF FlexShares Quality Dividend Index Fund 0.4 37 -7 5.8 -8.8
FLOW Global X U.S. Cash Flow Kings 100 ETF 0.4 25 5 12.0 -2.5
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.4 40 -10 4.4 -10.2
HWAY Themes US Infrastructure ETF 0.4 29 1 5.3 -9.3
DFGR Dimensional Global Real Estate ETF 0.4 22 8 7.5 -7.1
VBK Vanguard Small-Cap Growth ETF 0.4 7 23 1.4 -13.2
FNDB Schwab Fundamental US Broad Market Index ETF 0.4 25 5 6.8 -7.8
JSTC Adasina Social Justice All Cap Global ETF 0.4 89 -59 4.9 -9.7
RITA ETFB Green SRI REITs ETF 0.4 50 -20 5.9 -8.7
VOX Vanguard Communication Services ETF 0.4 9 21 4.5 -10.1
QQQS Invesco NASDAQ Future Gen 200 ETF 0.4 20 10 -4.5 -19.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.4 18 12 7.2 -7.4
IGE iShares North American Natural Resources ETF 0.4 41 -11 5.6 -8.9
SFGV Sequoia Global Value ETF 0.4 23 7 7.6 -7.0
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.4 46 -16 7.8 -6.8
POWR iShares U.S. Power Infrastructure ETF 0.4 40 -10 4.1 -10.5
ERET iShares Environmentally Aware Real Estate ETF 0.4 30 0 7.2 -7.4
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.3 95 -65 -0.5 -15.1
REET iShares Global REIT ETF 0.3 14 16 7.5 -7.1
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.3 30 0 7.8 -6.8
VYM Vanguard High Dividend Yield Index ETF 0.3 6 24 6.5 -8.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.3 17 13 5.1 -9.5
FENY Fidelity MSCI Energy Index ETF 0.3 8 22 6.6 -8.0
AVIE Avantis  Inflation Focused Equity ETF 0.3 25 5 6.2 -8.3
FCOM Fidelity MSCI Communication Services Index ETF 0.3 8 22 4.5 -10.1
IHF iShares U.S. Healthcare Providers ETF 0.3 40 -10 8.6 -6.0
VDE Vanguard Energy ETF 0.3 9 21 6.5 -8.1
FPWR First Trust EIP Power Solutions ETF 0.3 96 -66 4.4 -10.2
SEIV SEI Enhanced U.S. Large Cap Value Factor ETF 0.3 15 15 8.8 -5.8
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.3 20 10 7.7 -6.9
PKW Invesco Buyback Achievers ETF 0.3 62 -32 7.7 -6.9
GNR SPDR S&P Global Natural Resources ETF 0.3 40 -10 8.6 -6.0
DFUV Dimensional US Marketwide Value ETF 0.3 22 8 6.7 -7.9
DTD WisdomTree U.S. Total Dividend Fund 0.3 28 2 6.1 -8.5
DCOR Dimensional US Core Equity 1 ETF 0.3 14 16 5.0 -9.6
DON WisdomTree U.S. MidCap Dividend Fund 0.3 38 -8 8.6 -6.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.3 7 23 5.9 -8.7
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 12 5.1 -9.5
VUSE Vident U.S. Equity Strategy ETF 0.3 50 -20 4.0 -10.6
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.3 43 -13 5.5 -9.1
OCEN IQ Clean Oceans ETF 0.3 45 -15 4.5 -10.1
AVRE Avantis Real Estate ETF 0.3 17 13 7.3 -7.3
DVY iShares Select Dividend ETF 0.2 38 -8 8.5 -6.1
VIS Vanguard Industrials ETF 0.2 9 21 3.8 -10.8
FIDU Fidelity MSCI Industrial Index ETF 0.2 8 22 3.8 -10.8
SMMD iShares Russell 2500 ETF 0.2 15 15 6.2 -8.4
AVUS Avantis U.S. Equity ETF 0.2 15 15 5.2 -9.4
DEUS Xtrackers Russell US Multifactor ETF 0.2 17 13 6.9 -7.7
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 15 5.6 -9.0
NIXT Research Affiliates Deletions ETF 0.2 9 21 7.6 -7.0
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.2 20 10 6.6 -8.0
PRF Invesco FTSE RAFI US 1000 ETF 0.2 34 -4 6.2 -8.4
TEXN iShares Texas Equity ETF 0.2 20 10 5.4 -9.2
FVAL Fidelity Value Factor ETF 0.2 15 15 6.5 -8.1
TXS Texas Capital Texas Equity Index ETF 0.2 49 -19 5.2 -9.4
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.2 47 -17 5.2 -9.4
DFAU Dimensional US Core Equity Market ETF 0.2 12 18 4.7 -9.9
PICK iShares MSCI Global Metals & Mining Producers ETF 0.2 39 -9 9.5 -5.1
SCHD Schwab US Dividend Equity ETF 0.2 6 24 8.4 -6.2
IWS iShares Russell Mid-Cap Value ETF 0.2 23 7 6.6 -7.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 27 4.6 -10.0
FMDE Fidelity Enhanced Mid Cap ETF 0.2 23 7 5.9 -8.7
SXQG ETC 6 Meridian Quality Growth ETF 0.2 100 -70 3.0 -11.6
SCHB Schwab U.S. Broad Market ETF 0.2 3 27 4.6 -10.0
VTI Vanguard Total Stock Market ETF 0.2 3 27 4.5 -10.1
VTHR Vanguard Russell 3000 ETF 0.1 7 23 4.5 -10.0
IWV iShares Russell 3000 ETF 0.1 20 10 4.4 -10.2
PFM Invesco Dividend Achievers ETF 0.1 53 -23 5.0 -9.6
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.1 3 27 4.8 -9.8
SCHM Schwab U.S. Mid-Cap ETF 0.1 4 26 6.5 -8.1
ERTH Invesco MSCI Sustainable Future ETF 0.1 62 -32 3.2 -11.4
IWR iShares Russell Midcap ETF 0.1 19 11 5.8 -8.8
REZ iShares Residential and Multisector Real Estate ETF 0.1 48 -18 6.5 -8.1
DFUS Dimensional U.S. Equity ETF 0.1 9 21 4.5 -10.1
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 0.1 5 25 8.0 -6.6
MADE iShares U.S. Manufacturing ETF 0.1 40 -10 3.8 -10.8
IYJ iShares U.S. Industrials ETF 0.1 40 -10 4.2 -10.3
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 12 6.2 -8.4
ITB iShares U.S. Home Construction ETF 0.1 40 -10 12.6 -2.0
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 15 5.0 -9.6
VIG Vanguard Dividend Appreciation ETF 0.1 5 25 5.2 -9.4
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 21 4.6 -10.0
FDIS Fidelity MSCI Consumer Discretionary Index ETF 0.1 8 22 4.7 -9.9
JMOM JPMorgan U.S. Momentum Factor ETF 0.1 12 18 3.8 -10.8
VCR Vanguard Consumer Discretionary ETF 0.1 9 21 4.7 -9.9
DIVB iShares Core Dividend ETF 0.1 5 25 7.8 -6.8
VFH Vanguard Financials ETF 0.1 9 21 6.5 -8.0
STXM Strive Mid-Cap ETF 0.1 18 12 5.8 -8.8
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 9 3.3 -11.3
FELG Fidelity Enhanced Large Cap Growth ETF 0.1 18 12 3.6 -11.0
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 18 3.9 -10.7
VT Vanguard Total World Stock ETF 0.1 6 24 5.5 -9.1
FNDX Schwab Fundamental US Large Co. Index ETF 0.1 25 5 6.8 -7.8
CCSO Carbon Collective Climate Solutions US Equity ETF 0.1 35 -5 1.0 -13.6
DSI iShares MSCI KLD 400 Social ETF 0.1 25 5 4.6 -10.0
STXV Strive 1000 Value ETF 0.1 18 12 7.2 -7.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 21 5.4 -9.2
FNCL Fidelity MSCI Financials Index ETF 0.1 8 22 6.5 -8.1
IWD iShares Russell 1000 Value ETF 0.1 19 11 5.9 -8.7
VONV Vanguard Russell 1000 Value ETF 0.1 7 23 6.0 -8.6
IGPT Invesco AI and Next Gen Software ETF 0.1 60 -30 3.7 -10.9
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 -12 5.9 -8.7
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 18 5.9 -8.7
VGSR Vert Global Sustainable Real Estate ETF 0.0 47 -17 7.5 -7.1
IUS Invesco RAFI Strategic US ETF 0.0 19 11 6.1 -8.4
AVLV Avantis U.S. Large Cap Value ETF 0.0 15 15 6.3 -8.3
REVS Columbia Research Enhanced Value ETF 0.0 19 11 7.3 -7.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.0 19 11 5.4 -9.2
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.0 15 15 4.7 -9.9
VSLU Applied Finance Valuation Large Cap ETF 0.0 49 -19 5.2 -9.4
VHT Vanguard Health Care ETF 0.0 9 21 5.3 -9.3
DGRO iShares Core Dividend Growth ETF 0.0 8 22 5.9 -8.7
MNZL Manzil Russell Halal USA Broad MarketETF 0.0 40 -10 4.3 -10.3
IWB iShares Russell 1000 ETF 0.0 15 15 4.6 -10.0
VONE Vanguard Russell 1000 ETF 0.0 7 23 4.6 -10.0
RECS Columbia Research Enhanced Core ETF 0.0 15 15 5.8 -8.8
AVMC Avantis U.S. Mid Cap Equity ETF 0.0 18 12 6.5 -8.1
AVUQ Avantis U.S. Quality ETF 0.0 15 15 3.9 -10.7
RAFE PIMCO RAFI ESG U.S. ETF 0.0 29 1 6.9 -7.7
FHLC Fidelity MSCI Health Care Index ETF 0.0 8 22 5.6 -9.0
IEDI iShares U.S. Consumer Focused ETF 0.0 18 12 5.1 -9.5
IYY iShares Dow Jones U.S. ETF 0.0 20 10 4.5 -10.1
VEGN US Vegan Climate ETF 0.0 60 -30 4.3 -10.3
STXD Strive 1000 Dividend Growth ETF 0.0 35 -5 4.7 -9.9
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 19 4.5 -10.0
SCHK Schwab 1000 Index ETF 0.0 5 25 4.7 -9.9
RAUS RACWI US ETF 0.0 15 15 4.6 -10.0
STXG Strive 1000 Growth ETF 0.0 18 12 3.6 -11.0
FELC Fidelity Enhanced Large Cap Core ETF 0.0 18 12 4.8 -9.8
ACVF American Conservative Values ETF 0.0 75 -45 4.1 -10.5

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

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

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

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

OTHER FUNDAMENTAL METRICS

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

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

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

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

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 13.6 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 30 bp
Equals: ALTAR Score 14.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.83 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.