Invesco S&P SmallCap Quality ETF
ALTAR
Score™		 9.6% info Recommen-
dation		 SPECULATIVE
2022E    2023E
P/E
ratio		 9.9x P/Sales
ratio		 1.5x
P/BV
ratio		 1.6x Div.
yield		 1.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Invesco S&P SmallCap Quality Portfolio tracks an index of US small-cap stocks selected by return on equity, accruals ratio, and financial leverage. Stocks are weighted by these quality factors and scaled by market cap.

FUND BASICS
Category US Equities
Fund Sponsor Invesco PowerShares
Website www.invesco.com
Inception date Apr 03, 2017
Assets (mns) $28
Currency USD
Expense ratio 29 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Fundamental
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 118
Wgt avg mkt cap (mns) $2,560
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 61.6%
Small cap (<$2bn) 38.4%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
EXPONENT INC 2.9 %
AMN HEALTHCARE SERVICES INC 2.8 %
UNITED COMMUNITY BANKS/GA 2.7 %
AMERIS BANCORP 2.3 %
APPLIED INDUSTRIAL TECH INC 2.1 %
FIRST BANCORP PUERTO RICO 1.9 %
MUELLER INDUSTRIES INC 1.8 %
MATSON INC 1.8 %
SIGNET JEWELERS LIMITED 1.8 %
COMMUNITY BANK SYSTEM INC 1.7 %
Total 21.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 93.6 %
PUERTO RICO 3.3 %
BERMUDA 1.6 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru November 30)
Year-to-date 1 year 5 years 10 years Since Incep.
-7.8% -4.7% 7.3% -- 7.5%

Market Correlations
versus... Beta R-squared
S&P500 0.95 77%
MSCI EAFE 0.93 74%
MSCI Emg. Mkts. 0.68 45%

Technical Indicators
Recent close $35.71
30d moving avg. $34.49
Annualized volatility 22.6%
Short interest (ETF) 0.0%
Short interest (Underlying) 5.3%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 5
Turnover 0.6%
Bid/Ask (% of price) 0.31%
ADV underlying (mns) $1,599

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 422 potential alternatives to the Invesco S&P SmallCap Quality ETF ETF based on the alternatives' overlap in portfolio holdings with XSHQ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: XSHQ Expense: 29 bp ALTAR Score™: 9.6%


ALTERNATIVE ETFs BASED ON OVERLAP WITH XSHQ
Ticker Fund
Name		 Overlap1
vs XSHQ
(%)		 Expense
ratio
(bp)		 Savings
vs XSHQ
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs XSHQ
(%)
PSCF Invesco S&P SmallCap Financials ETF 31.6 29 0 10.0 +0.5
CALF Pacer US Small Cap Cash Cows 100 ETF 29.9 59 -30 12.8 +3.2
XSMO Invesco S&P SmallCap Momentum ETF 26.9 39 -10 6.7 -2.9
IJT iShares S&P Small-Cap 600 Growth ETF 26.9 18 11 7.5 -2.1
SLYG SPDR S&P 600 Small Cap Growth ETF 26.9 15 14 7.6 -2.0
VIOG Vanguard S&P Small-Cap 600 Growth ETF 26.7 15 14 7.5 -2.1
SMLE Xtrackers S&P SmallCap 600 ESG ETF 25.3 15 14 7.9 -1.7
RZG Invesco S&P Smallcap 600 Pure Growth ETF 24.6 35 -6 8.8 -0.7
XSLV Invesco S&P SmallCap Low Volatility ETF 24.5 25 4 7.2 -2.4
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 24.3 19 10 8.1 -1.5
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 22.9 15 14 7.7 -1.9
ESIX SPDR S&P SmallCap 600 ESG ETF 22.4 12 17 8.1 -1.5
XSVM Invesco S&P SmallCap Value with Momentum ETF 22.2 39 -10 11.3 +1.7
XJR iShares ESG Screened S&P Small-Cap ETF 21.0 12 17 7.2 -2.4
IJR iShares Core S&P Small Cap ETF 20.8 6 23 7.6 -2.0
SPSM SPDR Portfolio S&P 600 Small Cap ETF 20.7 5 24 7.7 -1.9
SLY SPDR S&P 600 Small Cap ETF 20.7 15 14 7.6 -2.0
VIOO Vanguard S&P Small-Cap 600 ETF 20.7 10 19 7.5 -2.1
SIXS 6 Meridian Small Cap Equity ETF 20.6 100 -71 10.3 +0.7
SVAL iShares US Small Cap Value Factor ETF 20.1 20 9 10.4 +0.8
EWSC Invesco S&P Smallcap 600 Equal Weight ETF 19.9 40 -11 7.3 -2.3
AVSC Avantis U.S Small Cap Equity ETF 19.2 25 4 5.1 -4.5
SQLV Legg Mason Small-Cap Quality Value 18.5 61 -32 11.1 +1.6
ROSC Hartford Multifactor Small Cap ETF 18.3 34 -5 10.6 +1.0
AFSM First Trust Active Factor Small Cap ETF 17.9 75 -46 8.4 -1.2
QABA First Trust NASDAQ ABA Community Bank Index Fund 17.7 60 -31 8.5 -1.1
TPSC Timothy Plan US Small Cap Core ETF 16.6 52 -23 8.3 -1.3
AVUV Avantis U.S. Small Cap Value ETF 16.5 25 4 9.5 -0.1
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 16.3 35 -6 8.4 -1.2
SSLY Syntax Stratified SmallCap ETF 15.7 35 -6 7.3 -2.3
IJS iShares S&P Small-cap 600 Value ETF 15.6 18 11 7.8 -1.8
SLYV SPDR S&P 600 Small Cap Value ETF 15.6 15 14 7.9 -1.7
VIOV Vanguard S&P Small-Cap 600 Value ETF 15.5 15 14 7.7 -1.9
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 15.5 29 0 13.1 +3.5
PSCI Invesco S&P SmallCap Industrials ETF 15.4 29 0 7.8 -1.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 15.0 39 -10 7.4 -2.2
KBWR Invesco KBW Regional Banking ETF 14.8 35 -6 8.8 -0.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 14.8 39 -10 8.9 -0.7
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 14.7 35 -6 8.0 -1.6
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 13.7 29 0 7.4 -2.2
EES WisdomTree SmallCap Earnings Fund 13.7 38 -9 10.3 +0.7
FYT First Trust Small Cap Value AlphaDEX Fund 13.2 71 -42 12.3 +2.7
KRE SPDR S&P Regional Banking ETF 13.2 35 -6 9.5 -0.1
DEEP Roundhill Acquirers Deep Value ETF 13.1 80 -51 16.7 +7.1
PSC Principal U.S. Small Cap Index ETF 12.8 38 -9 8.5 -1.1
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 12.4 12 17 6.7 -2.9
RNSC Small Cap US Equity Select ETF 12.4 60 -31 8.5 -1.1
JSML Janus Henderson Small Cap Growth Alpha ETF 12.3 30 -1 10.2 +0.6
FYX First Trust Small Cap Core AlphaDEX Fund 12.0 61 -32 8.4 -1.2
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 11.9 9 20 4.4 -5.2
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 11.8 30 -1 9.1 -0.5
DES WisdomTree U.S. SmallCap Dividend Fund 11.8 38 -9 9.0 -0.6
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 11.5 20 9 7.1 -2.5
CSML IQ Chaikin U.S. Small Cap ETF 11.3 35 -6 5.7 -3.9
VFQY Vanguard U.S. Quality Factor ETF 10.0 13 16 8.2 -1.4
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 9.9 38 -9 9.3 -0.3
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 9.6 35 -6 9.0 -0.6
PSCT Invesco S&P SmallCap Information Technology ETF 9.6 29 0 6.6 -3.0
VUSE Vident Core US Equity Fund 9.5 50 -21 10.4 +0.8
ISMD Inspire Small/Mid Cap Impact ETF 9.4 48 -19 6.4 -3.2
VFMF Vanguard U.S. Multifactor ETF 9.3 18 11 9.2 -0.4
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 9.2 36 -7 8.4 -1.2
BFOR Barron's 400 ETF 9.1 65 -36 8.7 -0.9
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 9.1 39 -10 4.7 -4.9
VTWV Vanguard Russell 2000 Value Index Fund 9.0 15 14 5.9 -3.7
IWN iShares Russell 2000 Value ETF 9.0 23 6 5.8 -3.8
KBE SPDR S&P Bank ETF 8.9 35 -6 10.4 +0.8
PSCH Invesco S&P SmallCap Health Care ETF 8.7 29 0 2.9 -6.7
SMDV ProShares Russell 2000 Dividend Growers ETF 8.7 41 -12 6.2 -3.4
DFAT Dimensional U.S. Targeted Value ETF 8.5 29 0 8.5 -1.1
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 8.5 108 -79 4.0 -5.6
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 8.5 25 4 9.5 -0.1
DFAS Dimensional U.S. Small Cap ETF 8.4 28 1 6.5 -3.1
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 8.4 60 -31 11.1 +1.5
FSMD Fidelity Small-Mid Factor ETF 8.1 29 0 8.3 -1.3
FYC First Trust Small Cap Growth AlphaDEX Fund 7.8 70 -41 1.8 -7.8
SYLD Cambria Shareholder Yield ETF 7.6 59 -30 11.1 +1.5
DFSV Dimensional US Small Cap Value ETF 7.6 31 -2 8.4 -1.2
IWM iShares Russell 2000 ETF 7.5 19 10 3.9 -5.7
PFI Invesco DWA Financial Momentum ETF 7.5 60 -31 6.7 -2.9
VTWO Vanguard Russell 2000 Index Fund 7.5 10 19 4.0 -5.6
VAMO Cambria Value & Momentum ETF 7.5 64 -35 9.5 -0.1
FNDA Schwab Fundamental U.S. Small Co. Index ETF 7.2 25 4 6.5 -3.1
QVAL Alpha Architect U.S. Quantitative Value ETF 7.2 49 -20 12.6 +3.0
RZV Invesco S&P Smallcap 600 Pure Value ETF 7.1 35 -6 9.1 -0.5
SIXL 6 Meridian Low Beta Equity Strategy ETF 6.9 82 -53 6.1 -3.5
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 6.9 30 -1 9.0 -0.6
ISCV iShares Morningstar Small Cap Value ETF 6.7 6 23 8.0 -1.6
XRT SPDR S&P Retail ETF 6.4 35 -6 5.4 -4.2
IWO iShares Russell 2000 Growth ETF 6.1 23 6 1.9 -7.7
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 6.0 20 9 5.6 -4.0
VTWG Vanguard Russell 2000 Growth Index Fund 6.0 15 14 2.0 -7.6
DBLV AdvisorShares DoubleLine Value Equity ETF 5.9 91 -62 11.1 +1.5
RYLD Global X Russell 2000 Covered Call ETF 5.9 60 -31 3.5 -6.1
JMEE JPMorgan Market Expansion Enhanced Equity ETF 5.8 24 5 8.1 -1.5
GBGR Global Beta Momentum-Growth ETF 5.7 29 0 0.0 -9.6
SCHA Schwab U.S. Small-Cap ETF 5.6 4 25 5.1 -4.5
ISCB iShares Morningstar Small-Cap ETF 5.4 4 25 4.7 -4.9
IUSS Invesco Strategic US Small Company ETF 5.3 23 6 6.5 -3.1
DWAS Invesco DWA SmallCap Momentum ETF 5.2 60 -31 -0.1 -9.6
VFMV Vanguard U.S. Minimum Volatility ETF 5.2 13 16 6.6 -3.0
IWC iShares Micro-Cap ETF 5.1 60 -31 -5.7 -15.2
PSI Invesco Dynamic Semiconductors ETF 5.0 56 -27 7.4 -2.2
VFVA Vanguard U.S. Value Factor ETF 5.0 13 16 11.8 +2.2
NUSC Nuveen ESG Small-Cap ETF 4.9 30 -1 5.6 -4.0
KSCD KFA Small Cap Quality Dividend Index ETF 4.8 51 -22 6.0 -3.6
PBSM Invesco PureBeta MSCI USA Small Cap ETF 4.6 6 23 5.4 -4.2
OSCV Opus Small Cap Value Plus ETF 4.5 79 -50 5.8 -3.8
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 4.2 17 12 5.4 -4.2
ISCG iShares Morningstar Small-Cap Growth ETF 4.1 6 23 1.3 -8.3
BOUT Innovator IBD Breakout Opportunities ETF 4.1 80 -51 5.2 -4.4
VBR Vanguard Small Cap Value Index Fund 3.9 7 22 8.2 -1.4
HLGE Hartford Longevity Economy ETF 3.8 44 -15 8.0 -1.6
BKSE BNY Mellon US Small Cap Core Equity ETF 3.8 4 25 5.7 -3.9
FAB First Trust Multi Cap Value AlphaDEX Fund 3.7 69 -40 10.9 +1.4
XHS SPDR S&P Health Care Services ETF 3.7 35 -6 1.3 -8.3
VFMO Vanguard U.S. Momentum Factor ETF 3.4 13 16 2.9 -6.7
RAYD Rayliant Quantitative Developed Market Equity ETF 3.4 80 -51 9.0 -0.6
VFLQ Vanguard U.S. Liquidity Factor ETF 3.4 13 16 0.0 -9.6
FIW First Trust Water ETF 3.2 53 -24 3.9 -5.7
MGMT Ballast Small/Mid Cap ETF 3.1 110 -81 7.4 -2.2
VB Vanguard Small-Cap ETF 3.1 5 24 5.6 -4.0
VXF Vanguard Extended Market Index Fund 3.1 6 23 3.7 -5.9
ZIG The Acquirers Fund 3.0 89 -60 17.1 +7.5
IFRA iShares U.S. Infrastructure ETF 3.0 30 -1 6.4 -3.2
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 3.0 95 -66 2.4 -7.2
GVLU Gotham 1000 Value ETF 3.0 50 -21 10.2 +0.6
PHO Invesco Water Resources ETF 2.9 60 -31 4.1 -5.5
OUSM ALPS O'Shares Russell Small Cap Quality Dividend ETF 2.9 48 -19 7.7 -1.9
AIRR First Trust RBA American Industrial Renaissance ETF 2.9 70 -41 6.2 -3.4
JHSC John Hancock Multifactor Small Cap ETF 2.8 42 -13 6.4 -3.2
FFTY Innovator IBD 50 ETF 2.8 80 -51 5.7 -3.9
FNK First Trust Mid Cap Value AlphaDEX Fund 2.7 70 -41 12.2 +2.6
AMER Emles Made in America ETF 2.7 49 -20 0.0 -9.6
PSCM Invesco S&P SmallCap Materials ETF 2.7 29 0 6.2 -3.4
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 2.7 80 -51 6.5 -3.1
FNX First Trust Mid Cap Core AlphaDEX Fund 2.7 59 -30 8.1 -1.5
FNY First Trust Mid Cap Growth AlphaDEX Fund 2.6 70 -41 2.4 -7.2
DWMC AdvisorShares Dorsey Wright Micro-Cap ETF 2.6 127 -98 1.8 -7.8
XTN SPDR S&P Transportation ETF 2.6 35 -6 1.1 -8.5
MAKX ProShares S&P Kensho Smart Factories ETF 2.5 58 -29 3.8 -5.8
NVQ QRAFT AI-Enhanced US Next Value ETF 2.5 75 -46 10.5 +0.9
EZM WisdomTree U.S. MidCap Earnings Fund 2.5 38 -9 10.1 +0.5
XPH SPDR S&P Pharmaceuticals ETF 2.5 35 -6 1.5 -8.1
GENY Principal Millennials Index ETF 2.5 45 -16 4.9 -4.7
PSCC Invesco S&P SmallCap Consumer Staples ETF 2.4 29 0 5.2 -4.4
FDM First Trust Dow Jones Select Microcap Index Fund 2.4 60 -31 5.3 -4.3
FAD First Trust Multi Cap Growth AlphaDEX Fund 2.4 63 -34 3.4 -6.2
PAVE Global X U.S. Infrastructure Development ETF 2.2 47 -18 7.0 -2.6
KCE SPDR S&P Capital Markets ETF 2.1 35 -6 9.3 -0.3
AMOM Qraft AI-Enhanced U.S. Large Cap Momentum ETF 2.1 75 -46 6.6 -3.0
PTF Invesco DWA Technology Momentum ETF 2.1 60 -31 3.6 -6.0
PJP Invesco Dynamic Pharmaceuticals ETF 2.1 58 -29 10.6 +1.1
SNSR Global X Internet of Things Thematic ETF 2.1 68 -39 4.5 -5.1
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 2.0 30 -1 11.1 +1.5
JSTC Adasina Social Justice All Cap Global ETF 2.0 89 -60 6.3 -3.3
SAGP Strategas Global Policy Opportunities ETF 2.0 65 -36 7.4 -2.2
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 2.0 25 4 6.5 -3.1
KBWD Invesco KBW High Dividend Yield Financial ETF 1.9 124 -95 11.7 +2.1
XSD SPDR S&P Semiconductor ETF 1.9 35 -6 7.3 -2.3
RNMC Mid Cap US Equity Select ETF 1.9 60 -31 8.7 -0.9
VBK Vanguard Small-Cap Growth Index Fund 1.9 7 22 1.4 -8.2
PWC Invesco Dynamic Market ETF 1.9 60 -31 7.0 -2.6
IHE iShares U.S. Pharmaceuticals ETF 1.9 39 -10 9.9 +0.3
AHOY Newday Ocean Health ETF 1.9 75 -46 5.7 -3.9
SEA U.S. Global Sea to Sky Cargo ETF 1.8 60 -31 28.0 +18.4
BOAT SonicShares Global Shipping ETF 1.8 69 -40 19.3 +9.7
CBSE Changebridge Capital Sustainable Equity ETF 1.8 85 -56 0.8 -8.8
XTL SPDR S&P Telecom ETF 1.8 35 -6 6.0 -3.6
AVUS Avantis U.S. Equity ETF 1.7 15 14 7.0 -2.6
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 1.7 60 -31 7.5 -2.1
IVEG iShares Emergent Food and AgTech Multisector ETF 1.6 47 -18 7.0 -2.6
DFAC Dimensional U.S. Core Equity 2 ETF 1.6 19 10 6.7 -2.9
XBI SPDR S&P BIOTECH ETF 1.6 35 -6 0.0 -9.6
IPAY ETFMG Prime Mobile Payments ETF 1.6 75 -46 9.0 -0.6
FDHT Fidelity Digital Health ETF 1.6 39 -10 0.2 -9.4
IBBJ Defiance Nasdaq Junior Biotechnology ETF 1.6 45 -16 0.0 -9.6
FIVG Defiance Next Gen Connectivity ETF 1.6 30 -1 6.9 -2.7
TDV ProShares S&P Technology Dividend Aristocrats ETF 1.6 46 -17 7.2 -2.4
VFH Vanguard Financials Index Fund 1.6 10 19 8.5 -1.1
FTQI First Trust Nasdaq BuyWrite Income ETF 1.5 85 -56 4.2 -5.4
AFMC First Trust Active Factor Mid Cap ETF 1.5 65 -36 9.0 -0.6
ETPA Ecofin Digital Payments Infrastructure Fund 1.5 40 -11 7.6 -2.0
FTXH First Trust Nasdaq Pharmaceuticals ETF 1.5 60 -31 11.4 +1.8
HOMZ Hoya Capital Housing ETF 1.5 30 -1 10.3 +0.8
AZTD Aztlan Global Stock Selection DM SMID ETF 1.5 75 -46 3.4 -6.2
APXH Apex Healthcare ETF 1.4 90 -61 8.6 -1.0
FNCL Fidelity MSCI Financials Index ETF 1.4 8 21 8.5 -1.1
PBW Invesco WilderHill Clean Energy ETF 1.4 61 -32 -4.7 -14.3
LIV Emles (a)Home ETF 1.4 49 -20 0.0 -9.6
NIFE Direxion Fallen Knives ETF 1.4 50 -21 0.0 -9.6
AQWA Global X Clean Water ETF 1.3 50 -21 4.8 -4.8
CGW Invesco S&P Global Water Index ETF 1.3 57 -28 4.2 -5.4
EBLU Ecofin Global Water ESG Fund 1.3 40 -11 4.0 -5.6
SIMS SPDR S&P Kensho Intelligent Structures ETF 1.3 45 -16 1.6 -8.0
PYZ Invesco DWA Basic Materials Momentum ETF 1.3 60 -31 10.0 +0.5
SLX VanEck Steel ETF 1.2 55 -26 25.0 +15.4
ETHO Etho Climate Leadership U.S. ETF 1.2 47 -18 4.6 -5.0
KOMP SPDR Kensho New Economies Composite ETF 1.2 20 9 0.7 -8.9
SDY SPDR S&P Dividend ETF 1.1 35 -6 6.6 -3.0
BLDG Cambria Global Real Estate ETF 1.1 59 -30 8.5 -1.1
XSW SPDR S&P Software & Services ETF 1.1 35 -6 3.7 -5.9
FPX First Trust US IPO Index Fund 1.1 57 -28 1.7 -7.9
BFIT Global X Health & Wellness ETF 1.1 50 -21 5.7 -3.9
IGN iShares North American Tech-Multimedia Networking ETF 1.1 40 -11 5.9 -3.7
PXQ Invesco Dynamic Networking ETF 1.1 63 -34 5.7 -3.9
ITB iShares U.S. Home Construction ETF 1.1 39 -10 15.3 +5.8
FGD First Trust Dow Jones Global Select Dividend Index Fund 1.1 57 -28 13.5 +3.9
WDIV SPDR Global Dividend ETF 1.1 40 -11 9.7 +0.1
PEY Invesco High Yield Equity Dividend Achievers ETF 1.1 53 -24 8.5 -1.1
VCR Vanguard Consumer Discretionary Index Fund 1.1 10 19 5.5 -4.1
FDIS Fidelity MSCI Consumer Discretionary Index ETF 1.0 8 21 5.5 -4.1
DFUV Dimensional US Marketwide Value ETF 1.0 23 6 8.5 -1.1
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 1.0 60 -31 8.2 -1.4
ACTV LeaderShares Activist Leaders ETF 1.0 75 -46 10.1 +0.5
VRAI Virtus Real Asset Income ETF 1.0 55 -26 7.2 -2.4
EMFQ Amplify Emerging Markets FinTech ETF 1.0 69 -40 5.9 -3.7
PKB Invesco Dynamic Building & Construction ETF 1.0 60 -31 11.8 +2.2
TINY ProShares Nanotechnology ETF 1.0 58 -29 1.9 -7.7
ALFA AlphaClone Alternative Alpha ETF 1.0 65 -36 0.0 -9.6
SUPL ProShares Supply Chain Logistics ETF 1.0 58 -29 16.0 +6.4
VLU SPDR S&P 1500 Value Tilt ETF 1.0 12 17 8.1 -1.5
SXQG 6 Meridian Quality Growth ETF 1.0 100 -71 5.5 -4.1
PSCU Invesco S&P SmallCap Utilities ETF 0.9 29 0 3.3 -6.3
IYT iShares Transportation Average ETF 0.9 39 -10 3.0 -6.6
IAI iShares U.S. Broker-Dealers ETF 0.9 39 -10 9.0 -0.6
PBE Invesco Dynamic Biotechnology & Genome ETF 0.9 59 -30 1.5 -8.1
GERM ETFMG Treatments Testing and Advancements ETF 0.9 68 -39 -7.6 -17.2
IPO Renaissance IPO ETF 0.9 60 -31 -24.0 -33.6
FLRG Fidelity U.S. Multifactor ETF 0.8 29 0 8.0 -1.6
VIS Vanguard Industrials Index Fund 0.8 10 19 5.4 -4.2
HELX Franklin Genomic Advancements ETF 0.8 50 -21 0.9 -8.7
PKW Invesco Buyback Achievers ETF 0.8 64 -35 8.5 -1.1
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.8 64 -35 7.7 -1.9
FIDU Fidelity MSCI Industrials Index ETF 0.8 8 21 5.7 -3.9
WOOD iShares Global Timber & Forestry ETF 0.8 40 -11 10.4 +0.8
CUT Invesco MSCI Global Timber ETF 0.8 60 -31 9.0 -0.6
QMOM Alpha Architect U.S. Quantitative Momentum ETF 0.8 49 -20 7.2 -2.4
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.8 21 8 4.5 -5.1
MOTO SmartETFs Smart Transportation & Technology ETF 0.8 68 -39 7.8 -1.8
DRIV Global X Autonomous & Electric Vehicles ETF 0.8 68 -39 4.7 -4.9
SOLR SmartETFs Sustainable Energy II Fund 0.8 79 -50 3.6 -6.0
HAIL SPDR S&P Kensho Smart Mobility ETF 0.8 45 -16 -1.6 -11.2
GRNR Global X Green Building ETF 0.8 45 -16 8.2 -1.4
ERTH Invesco MSCI Sustainable Future ETF 0.8 56 -27 3.4 -6.2
WDNA WisdomTree BioRevolution Fund 0.8 45 -16 -3.8 -13.4
GNOM Global X Genomics & Biotechnology ETF 0.8 50 -21 -4.5 -14.1
PSYK PSYK ETF 0.8 75 -46 -150.0 -159.5
CGV Conductor Global Equity Value ETF 0.8 128 -99 9.2 -0.4
DAT ProShares Big Data Refiners ETF 0.7 58 -29 0.6 -9.0
SPRE SP Funds S&P Global REIT Sharia ETF 0.7 69 -40 4.4 -5.2
DFAU Dimensional US Core Equity Market ETF 0.7 12 17 6.3 -3.3
PSR Invesco Active U.S. Real Estate Fund 0.7 35 -6 5.9 -3.7
FPRO Fidelity Real Estate Investment ETF 0.7 59 -30 5.5 -4.1
HAUS Home Appreciation U.S. REIT ETF 0.7 60 -31 5.4 -4.2
NURE Nuveen Short-Term REIT ETF 0.7 35 -6 5.2 -4.4
RESI Kelly Residential & Apartment Real Estate ETF 0.7 68 -39 4.7 -4.9
CVY Invesco Zacks Multi-Asset Income ETF 0.7 100 -71 10.3 +0.8
BLOK Amplify Transformational Data Sharing ETF 0.7 71 -42 1.9 -7.7
BCDF Horizon Kinetics Blockchain Development ETF 0.7 85 -56 1.1 -8.5
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF 0.7 68 -39 -0.9 -10.4
BTEC Principal Healthcare Innovators Index ETF 0.7 42 -13 -0.9 -10.5
PSL Invesco DWA Consumer Staples Momentum ETF 0.7 60 -31 4.6 -5.0
REZ iShares Residential Real Estate Capped ETF 0.6 48 -19 5.6 -4.0
BBC Virtus LifeSci Biotech Clinical Trials ETF 0.6 79 -50 0.0 -9.6
XHB SPDR S&P Homebuilders ETF 0.6 45 -16 12.2 +2.6
PRN Invesco DWA Industrials Momentum ETF 0.6 60 -31 5.3 -4.3
ENRG SoFi Smart Energy ETF 0.6 59 -30 -1.6 -11.2
FDIG Fidelity Crypto Industry and Digital Payments ETF 0.6 39 -10 2.4 -7.2
DHS WisdomTree U.S. High Dividend Fund 0.6 38 -9 8.2 -1.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.6 25 4 7.6 -2.0
EKG First Trust Nasdaq Lux Digital Health Solutions ETF 0.6 65 -36 -0.3 -9.9
IEDI iShares Evolved U.S. Discretionary Spending ETF 0.6 18 11 4.9 -4.7
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 0.6 50 -21 2.8 -6.8
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.6 12 17 6.2 -3.4
XT iShares Exponential Technologies ETF 0.6 46 -17 4.2 -5.4
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.6 7 22 5.7 -3.9
FVD First Trust Value Line Dividend Index Fund 0.6 67 -38 6.2 -3.4
ROUS Hartford Multifactor US Equity ETF 0.5 19 10 7.9 -1.7
FMAT Fidelity MSCI Materials Index ETF 0.5 84 -55 6.2 -3.4
IHF iShares U.S. Healthcare Providers ETF 0.5 39 -10 5.8 -3.8
RYJ Invesco Raymond James SB-1 Equity ETF 0.5 81 -52 3.7 -5.9
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.5 52 -23 7.7 -1.9
GQRE FlexShares Global Quality Real Estate Index Fund 0.5 45 -16 6.7 -2.9
VAW Vanguard Materials Index Fund 0.5 10 19 6.9 -2.7
SPTM SPDR Portfolio Total Stock Market ETF 0.5 3 26 6.4 -3.2
FSTA Fidelity MSCI Consumer Staples Index ETF 0.5 8 21 5.4 -4.2
TRFK Pacer Data and Digital Revolution ETF 0.5 60 -31 6.2 -3.4
XWEB SPDR S&P Internet ETF 0.5 35 -6 -4.4 -14.0
IBUY Amplify Online Retail ETF 0.5 65 -36 -6.5 -16.1
FTHI First Trust High Income ETF 0.5 85 -56 6.3 -3.3
VDC Vanguard Consumer Staples Index Fund 0.5 10 19 5.5 -4.1
LVHD Legg Mason Low Volatility High Dividend ETF 0.5 27 2 7.8 -1.8
MBOX Freedom Day Dividend ETF 0.5 39 -10 8.2 -1.4
ERSX ERShares NextGen Entrepreneurs ETF 0.5 75 -46 6.5 -3.1
SCHB Schwab U.S. Broad Market ETF 0.5 3 26 6.0 -3.6
VTHR Vanguard Russell 3000 Index Fund 0.5 10 19 6.0 -3.6
IWV iShares Russell 3000 ETF 0.5 20 9 5.8 -3.8
VICE AdvisorShares Vice ETF 0.5 99 -70 5.0 -4.6
BAD B.A.D. ETF 0.5 75 -46 2.9 -6.7
BEDZ AdvisorShares Hotel ETF 0.5 99 -70 1.4 -8.2
VTI Vanguard Total Stock Market Index Fund 0.5 3 26 5.9 -3.7
ROBO Robo Global Robotics & Automation Index ETF 0.5 95 -66 3.3 -6.3
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF 0.5 65 -36 3.1 -6.5
ARKX ARK Space Exploration & Innovation ETF 0.5 75 -46 2.2 -7.4
ARKQ Ark Autonomous Tech. & Robotics ETF 0.5 75 -46 1.6 -8.0
HTEC ROBO Global Healthcare Technology & Innovation ETF 0.5 68 -39 0.8 -8.8
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 0.5 47 -18 -0.2 -9.8
BULD Pacer BlueStar Engineering the Future ETF 0.5 60 -31 -0.7 -10.3
PRNT The 3D Printing ETF 0.5 66 -37 -4.5 -14.1
DFUS Dimensional U.S. Equity ETF 0.5 11 18 6.2 -3.4
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.5 3 26 5.9 -3.7
SMOG VanEck Low Carbon Energy ETF 0.4 55 -26 2.4 -7.2
IBBQ Invesco Nasdaq Biotechnology ETF 0.4 19 10 0.2 -9.4
FVAL Fidelity Value Factor ETF 0.4 29 0 9.7 +0.1
RIET Hoya Capital High Dividend Yield ETF 0.4 50 -21 10.5 +0.9
ITA iShares U.S. Aerospace & Defense ETF 0.4 39 -10 4.9 -4.7
SCHD Schwab U.S. Dividend Equity ETF 0.4 6 23 8.7 -0.9
SHPP Pacer Industrials and Logistics ETF 0.4 60 -31 10.2 +0.6
WBIY WBI Power Factor High Dividend ETF 0.4 70 -41 11.9 +2.4
ESGV Vanguard ESG U.S. Stock ETF 0.4 9 20 6.2 -3.4
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.4 29 0 7.5 -2.1
DTD WisdomTree U.S.Total Dividend Fund 0.4 28 1 7.2 -2.4
FREL Fidelity MSCI Real Estate Index ETF 0.4 84 -55 5.8 -3.8
RFFC RiverFront Dynamic US Flex-Cap ETF 0.4 52 -23 6.1 -3.5
AIEQ AI Powered Equity ETF 0.4 75 -46 -1.8 -11.4
IDRV iShares Self-driving EV & Tech ETF 0.4 47 -18 7.7 -1.9
FRI First Trust S&P REIT Index Fund 0.4 50 -21 6.4 -3.2
XME SPDR S&P Metals & Mining ETF 0.4 35 -6 6.0 -3.6
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 0.3 11 18 6.8 -2.8
VNQ Vanguard REIT Index Fund 0.3 12 17 6.6 -3.0
USRT iShares Core U.S. REIT ETF 0.3 8 21 6.8 -2.8
VYM Vanguard High Dividend Yield Index ETF 0.3 6 23 7.8 -1.8
OCEN IQ Clean Oceans ETF 0.3 45 -16 6.9 -2.7
FXO First Trust Financials AlphaDEX Fund 0.3 61 -32 10.9 +1.3
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 0.3 63 -34 4.3 -5.3
FHLC Fidelity MSCI Health Care Index ETF 0.3 8 21 6.3 -3.3
ICAP InfraCap Equity Income Fund ETF 0.3 80 -51 9.5 -0.1
VHT Vanguard Health Care Index Fund 0.3 10 19 6.4 -3.2
DTOX Amplify Cleaner Living ETF 0.3 59 -30 0.0 -9.6
MILN Global X Millennial Consumer ETF 0.3 50 -21 3.0 -6.6
RWR SPDR Dow Jones REIT ETF 0.3 25 4 6.6 -3.0
PICK iShares MSCI Global Metals & Mining Producers ETF 0.3 39 -10 11.1 +1.5
VGT Vanguard Information Technology Index Fund 0.3 10 19 6.1 -3.5
FTEC Fidelity MSCI Information Technology Index ETF 0.3 8 21 6.1 -3.5
BUYZ Franklin Disruptive Commerce ETF 0.3 50 -21 2.7 -6.9
TRFM AAM Transformers ETF 0.3 49 -20 2.6 -7.0
HKND Humankind US Stock ETF 0.3 11 18 7.6 -2.0
FCPI Fidelity Stocks for Inflation ETF 0.2 29 0 8.9 -0.7
FDL First Trust Morningstar Dividend Leaders Index Fund 0.2 45 -16 9.4 -0.2
GRES IQ Global Resources ETF 0.2 30 -1 8.0 -1.6
DIV Global X SuperDividend US ETF 0.2 45 -16 6.6 -3.0
PAWZ ProShares Pet Care ETF 0.2 50 -21 3.8 -5.8
EBIZ Global X E-Commerce ETF 0.2 50 -21 1.6 -8.0
BTHM BlackRock Future U.S. Themes ETF 0.2 60 -31 6.4 -3.2
VT Vanguard Total World Stock ETF 0.2 7 22 6.7 -2.9
ROOF IQ US Real Estate Small Cap ETF 0.2 60 -31 4.9 -4.7
SCHH Schwab U.S. REIT ETF 0.2 7 22 6.6 -3.0
IGM iShares Expanded Tech Sector ETF 0.2 40 -11 5.9 -3.7
AVRE Avantis Real Estate ETF 0.2 17 12 6.2 -3.4
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.2 50 -21 8.2 -1.4
RWO SPDR Dow Jones Global Real Estate ETF 0.2 50 -21 6.2 -3.4
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 0.2 35 -6 7.7 -1.9
PSCE Invesco S&P SmallCap Energy ETF 0.2 29 0 3.2 -6.4
ACES ALPS Clean Energy ETF 0.2 55 -26 -1.2 -10.8
PRF Invesco FTSE RAFI US 1000 ETF 0.2 39 -10 7.6 -2.0
QDYN FlexShares Quality Dividend Dynamic Index Fund 0.2 37 -8 8.7 -0.9
XOP SPDR S&P Oil & Gas Exploration & Production ETF 0.2 35 -6 7.0 -2.6
SBIO ALPS Medical Breakthroughs ETF 0.2 50 -21 0.0 -9.6
IAK iShares U.S. Insurance ETF 0.2 39 -10 7.1 -2.5
REET iShares Global REIT ETF 0.2 14 15 6.4 -3.2
VDNI V-Shares US Leadership Diversity ETF 0.2 29 0 6.6 -3.0
ICLN iShares Global Clean Energy ETF 0.2 40 -11 2.7 -6.9
RITA ETFB Green SRI REITs ETF 0.2 50 -21 4.8 -4.8
VIG Vanguard Dividend Appreciation Index Fund 0.2 6 23 6.4 -3.2
FCOM Fidelity MSCI Telecommunication Services Index ETF 0.2 8 21 7.2 -2.4
VOX Vanguard Telecommunication Services Index Fund 0.2 10 19 7.2 -2.4
IBB iShares NASDAQ Biotechnology ETF 0.2 44 -15 -0.2 -9.8
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 0.2 29 0 7.8 -1.8
XAR SPDR S&P Aerospace & Defense ETF 0.2 35 -6 3.0 -6.6
PFM Invesco Dividend Achievers ETF 0.1 53 -24 6.2 -3.4
JHMI John Hancock Multifactor Industrials ETF 0.1 40 -11 0.0 -9.6
JVAL JPMorgan U.S. Value Factor ETF 0.1 12 17 9.2 -0.4
DON WisdomTree U.S. MidCap Dividend Fund 0.1 38 -9 8.5 -1.1
GBLD Invesco MSCI Green Building ETF 0.1 39 -10 8.4 -1.2
DFAR Dimensional US Real Estate ETF 0.1 19 10 6.4 -3.2
SFYX Sofi Next 500 ETF 0.1 0 29 6.0 -3.6
DGRO iShares Core Dividend Growth ETF 0.1 8 21 7.5 -2.1
ONEY SPDR Russell 1000 Yield Focus ETF 0.1 20 9 10.0 +0.4
JHMS John Hancock Multifactor Consumer Staples ETF 0.1 40 -11 0.0 -9.6
PPTY PPTY-U.S. Diversified Real Estate ETF 0.1 49 -20 6.5 -3.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 20 6.4 -3.2
DSI iShares MSCI KLD 400 Social ETF 0.1 25 4 6.3 -3.3
IGV iShares Expanded Tech-Software ETF 0.1 40 -11 4.4 -5.2
HAP VanEck Natural Resources ETF 0.1 49 -20 7.6 -2.0
IYF iShares U.S. Financials ETF 0.1 39 -10 7.8 -1.8
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.1 25 4 7.7 -1.9
IUS Invesco Strategic US ETF 0.1 19 10 7.6 -2.0
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 9 6.5 -3.1
SMMD iShares Russell 2500 ETF 0.1 15 14 5.8 -3.8
IWS iShares Russell Mid-Cap Value ETF 0.1 23 6 7.0 -2.6
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.0 20 9 7.9 -1.7
TECB iShares US Tech Breakthrough Multisector ETF 0.0 40 -11 6.1 -3.5
IWR iShares Russell Midcap ETF 0.0 18 11 6.1 -3.5
SCHK Schwab 1000 Index ETF 0.0 5 24 6.2 -3.4
PNQI Invesco NASDAQ Internet ETF 0.0 60 -31 3.5 -6.1
FENY Fidelity MSCI Energy Index ETF 0.0 8 21 5.7 -3.9
DEW WisdomTree Global High Dividend Fund 0.0 58 -29 9.9 +0.3
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.0 17 12 7.9 -1.7
VDE Vanguard Energy Index Fund 0.0 10 19 5.6 -4.0
IETC iShares Evolved U.S. Technology ETF 0.0 18 11 5.8 -3.8
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 9 8.4 -1.2
VONV Vanguard Russell 1000 Value Index Fund 0.0 8 21 7.4 -2.2
IWD iShares Russell 1000 Value ETF 0.0 18 11 7.2 -2.4
IYY iShares Dow Jones U.S. ETF 0.0 20 9 6.0 -3.6
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.0 28 1 7.0 -2.6
JHMM John Hancock Multifactor Mid Cap ETF 0.0 41 -12 7.3 -2.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 18 6.1 -3.5
VONE Vanguard Russell 1000 ETF 0.0 8 21 6.1 -3.5
IWB iShares Russell 1000 ETF 0.0 15 14 6.1 -3.5
ACVF American Conservative Values ETF 0.0 75 -46 5.4 -4.2
AVLV Avantis U.S. Large Cap Value ETF 0.0 15 14 8.7 -0.9

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

  2017 2018 2019 2020 2021 2022E 2023E
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
  2021 2022E 2023E
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 Quality 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 14.6 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 9.6 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.57 CATEGORY
AVERAGE		 1.50
 
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.