Invesco S&P SmallCap Quality ETF
ALTAR
Score™		 10.5% info Recommen-
dation		 SPECULATIVE
2023E    2024E
P/E
ratio		 11.1x P/Sales
ratio		 1.1x
P/BV
ratio		 1.8x Div.
yield		 1.8%


  • 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) $48
Currency USD
Expense ratio 30 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) $3,232
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 75.1%
Small cap (<$2bn) 24.2%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
RAMBUS INC 3.0 %
COMFORT SYSTEMS USA INC 2.7 %
SM ENERGY CO 2.4 %
APPLIED INDUSTRIAL TECH INC 2.3 %
ASBURY AUTOMOTIVE GROUP 2.3 %
AMERICAN EQUITY INVT LIFE HL 2.2 %
CIVITAS RESOURCES, INC. 2.0 %
BADGER METER INC 2.0 %
CONSOL ENERGY INC 1.9 %
MUELLER INDUSTRIES INC 1.9 %
Total 22.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.1 %
PUERTO RICO 3.0 %
BERMUDA 1.2 %








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.
14.6% 14.5% 4.9% -- 7.5%

Market Correlations
versus... Beta R-squared
S&P500 0.98 69%
MSCI EAFE 0.87 57%
MSCI Emg. Mkts. 0.65 30%

Technical Indicators
Recent close $35.55
30d moving avg. $36.81
Annualized volatility 21.2%
Short interest (ETF) 0.0%
Short interest (Underlying) 5.3%
Relative strength (RSI) 38

Liquidity measures
Avg. volume (thou.) 11
Turnover 0.8%
Bid/Ask (% of price) 0.29%
ADV underlying (mns) $1,536

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 430 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: 30 bp ALTAR Score™: 10.5%


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
(%)
CALF Pacer US Small Cap Cash Cows 100 ETF 36.1 59 -29 12.9 +2.4
XSMO Invesco S&P SmallCap Momentum ETF 35.8 39 -9 6.1 -4.4
IJT iShares S&P Small-Cap 600 Growth ETF 31.9 25 5 6.9 -3.7
SLYG SPDR S&P 600 Small Cap Growth ETF 31.8 15 15 7.0 -3.5
VIOG Vanguard S&P Small-Cap 600 Growth ETF 31.6 15 15 7.1 -3.5
PLTL Principal US Small-Cap Adaptive Multi-Factor ETF 31.1 19 11 8.5 -2.0
RZG Invesco S&P Smallcap 600 Pure Growth ETF 30.8 35 -5 8.4 -2.2
XSVM Invesco S&P SmallCap Value with Momentum ETF 30.2 39 -9 12.1 +1.6
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 29.4 59 -29 8.3 -2.3
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 26.8 15 15 8.5 -2.1
PSCI Invesco S&P SmallCap Industrials ETF 26.4 29 1 7.7 -2.8
ESIX SPDR S&P SmallCap 600 ESG ETF 25.8 12 18 8.6 -1.9
SMCP AlphaMark Actively Managed Small Cap ETF 25.5 90 -60 0.0 -10.5
IJR iShares Core S&P Small Cap ETF 23.9 6 24 8.5 -2.0
SPSM SPDR Portfolio S&P 600 Small Cap ETF 23.9 3 27 8.6 -1.9
VIOO Vanguard S&P Small-Cap 600 ETF 23.7 10 20 8.5 -2.0
AFSM First Trust Active Factor Small Cap ETF 23.5 77 -47 9.8 -0.7
XJR iShares ESG Screened S&P Small-Cap ETF 23.4 12 18 7.9 -2.7
RWJ Invesco S&P SmallCap 600 Revenue ETF 23.3 39 -9 11.8 +1.2
SMLE Xtrackers S&P SmallCap 600 ESG ETF 23.3 15 15 8.5 -2.0
SIXS 6 Meridian Small Cap Equity ETF 22.8 89 -59 8.6 -1.9
ROSC Hartford Multifactor Small Cap ETF 22.7 34 -4 11.3 +0.8
AVUV Avantis U.S. Small Cap Value ETF 22.3 25 5 10.6 +0.1
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 21.4 35 -5 8.8 -1.7
SQLV Legg Mason Small-Cap Quality Value 20.4 60 -30 10.4 -0.1
SSLY Syntax Stratified SmallCap ETF 20.2 40 -10 8.1 -2.4
VAMO Cambria Value & Momentum ETF 19.7 64 -34 11.5 +1.0
JSML Janus Henderson Small Cap Growth Alpha ETF 18.4 30 0 11.3 +0.8
DSMC Distillate Small/Mid Cash Flow ETF 18.1 55 -25 12.3 +1.8
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 18.0 29 1 8.4 -2.1
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 17.7 38 -8 11.0 +0.5
EES WisdomTree SmallCap Earnings Fund 16.7 38 -8 12.5 +2.0
ECML Euclidean Fundamental Value ETF 16.6 95 -65 16.0 +5.5
PSC Principal U.S. Small Cap Index ETF 16.4 38 -8 8.6 -1.9
DES WisdomTree U.S. SmallCap Dividend Fund 15.8 38 -8 9.8 -0.7
IJS iShares S&P Small-cap 600 Value ETF 15.7 18 12 10.1 -0.5
SLYV SPDR S&P 600 Small Cap Value ETF 15.7 15 15 10.1 -0.4
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 15.7 30 0 13.7 +3.1
VIOV Vanguard S&P Small-Cap 600 Value ETF 15.6 15 15 10.0 -0.6
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 15.4 20 10 7.5 -3.0
XSLV Invesco S&P SmallCap Low Volatility ETF 15.2 25 5 7.2 -3.4
TPSC Timothy Plan US Small Cap Core ETF 14.9 52 -22 8.6 -1.9
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 14.8 35 -5 8.6 -2.0
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 14.8 37 -7 8.6 -1.9
QVAL Alpha Architect U.S. Quantitative Value ETF 14.8 39 -9 11.1 +0.6
AVSC Avantis U.S Small Cap Equity ETF 14.5 25 5 5.4 -5.2
PSCT Invesco S&P SmallCap Information Technology ETF 14.1 29 1 6.6 -4.0
BSVO EA Bridgeway Omni Small-Cap Value ETF 14.1 47 -17 10.0 -0.5
SVAL iShares US Small Cap Value Factor ETF 13.9 20 10 11.7 +1.2
PSCE Invesco S&P SmallCap Energy ETF 13.7 29 1 4.6 -5.9
RNSC Small Cap US Equity Select ETF 13.6 60 -30 8.9 -1.6
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 13.5 39 -9 10.0 -0.5
FYT First Trust Small Cap Value AlphaDEX Fund 13.3 73 -43 11.9 +1.4
DEEP Roundhill Acquirers Deep Value ETF 12.9 80 -50 17.9 +7.3
CSML IQ Chaikin U.S. Small Cap ETF 12.4 35 -5 6.8 -3.7
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 12.3 60 -30 11.3 +0.8
FYX First Trust Small Cap Core AlphaDEX Fund 12.2 61 -31 8.4 -2.2
PSCF Invesco S&P SmallCap Financials ETF 11.6 29 1 11.5 +1.0
VFMF Vanguard U.S. Multifactor ETF 11.4 18 12 9.5 -1.0
SYLD Cambria Shareholder Yield ETF 11.3 59 -29 11.7 +1.1
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 11.2 25 5 10.0 -0.6
ZIG The Acquirers Fund 11.2 84 -54 19.0 +8.4
IWN iShares Russell 2000 Value ETF 10.8 24 6 7.0 -3.5
VTWV Vanguard Russell 2000 Value Index Fund 10.7 15 15 7.0 -3.5
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 10.6 35 -5 9.5 -1.1
BFOR Barron's 400 ETF 10.5 65 -35 8.7 -1.8
DFSV Dimensional US Small Cap Value ETF 10.3 31 -1 9.6 -0.9
FYC First Trust Small Cap Growth AlphaDEX Fund 10.2 71 -41 2.0 -8.5
DFAS Dimensional U.S. Small Cap ETF 10.2 26 4 6.9 -3.6
IWM iShares Russell 2000 ETF 10.0 19 11 4.6 -6.0
DFAT Dimensional U.S. Targeted Value ETF 10.0 28 2 9.4 -1.2
VTWO Vanguard Russell 2000 Index Fund 9.8 10 20 4.6 -5.9
SMDV ProShares Russell 2000 Dividend Growers ETF 9.4 40 -10 7.9 -2.6
DWAS Invesco DWA SmallCap Momentum ETF 9.3 60 -30 1.4 -9.1
RZV Invesco S&P Smallcap 600 Pure Value ETF 9.3 35 -5 13.5 +2.9
IWO iShares Russell 2000 Growth ETF 9.2 24 6 1.8 -8.8
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 9.1 9 21 5.2 -5.4
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 9.1 12 18 8.5 -2.0
VTWG Vanguard Russell 2000 Growth Index Fund 9.1 15 15 1.7 -8.8
ISMD Inspire Small/Mid Cap Impact ETF 9.0 54 -24 5.6 -4.9
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 9.0 30 0 9.5 -1.1
JMEE JPMorgan Market Expansion Enhanced Equity ETF 8.8 24 6 8.9 -1.6
STXK Strive Small-Cap ETF 8.8 18 12 5.8 -4.7
FNDA Schwab Fundamental U.S. Small Co. Index ETF 8.5 25 5 6.9 -3.6
OSCV Opus Small Cap Value Plus ETF 8.5 79 -49 6.4 -4.1
FSMD Fidelity Small-Mid Factor ETF 8.4 29 1 8.3 -2.2
DBLV AdvisorShares DoubleLine Value Equity ETF 8.4 91 -61 8.7 -1.8
GVLU Gotham 1000 Value ETF 8.3 50 -20 9.6 -0.9
VFQY Vanguard U.S. Quality Factor ETF 8.2 13 17 7.9 -2.7
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 8.2 39 -9 4.8 -5.8
QMOM Alpha Architect U.S. Quantitative Momentum ETF 8.0 39 -9 6.1 -4.4
XOP SPDR S&P Oil & Gas Exploration & Production ETF 7.8 35 -5 9.6 -1.0
ISCV iShares Morningstar Small Cap Value ETF 7.6 6 24 9.1 -1.4
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 7.5 15 15 6.2 -4.3
PXE Invesco Dynamic Energy Exploration & Production ETF 7.4 63 -33 11.9 +1.4
NUSC Nuveen ESG Small-Cap ETF 7.1 31 -1 6.2 -4.3
SCHA Schwab U.S. Small-Cap ETF 6.8 4 26 5.6 -4.9
AFMC First Trust Active Factor Mid Cap ETF 6.4 65 -35 9.7 -0.8
ISCB iShares Morningstar Small-Cap ETF 6.3 4 26 5.9 -4.6
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 6.2 20 10 5.8 -4.7
PXI Invesco DWA Energy Momentum ETF 6.1 60 -30 4.0 -6.6
EZM WisdomTree U.S. MidCap Earnings Fund 6.1 38 -8 11.1 +0.6
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 6.1 30 0 11.6 +1.1
PSCH Invesco S&P SmallCap Health Care ETF 6.0 29 1 3.1 -7.4
AIRR First Trust RBA American Industrial Renaissance ETF 5.9 70 -40 5.9 -4.7
SIXL 6 Meridian Low Beta Equity Strategy ETF 5.9 80 -50 6.0 -4.6
VFVA Vanguard U.S. Value Factor ETF 5.8 13 17 11.5 +1.0
SNSR Global X Internet of Things Thematic ETF 5.7 68 -38 4.9 -5.7
BKSE BNY Mellon US Small Cap Core Equity ETF 5.6 4 26 6.6 -4.0
XRT SPDR S&P Retail ETF 5.5 35 -5 10.1 -0.4
JHSC John Hancock Multifactor Small Cap ETF 5.5 42 -12 7.1 -3.5
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 5.4 17 13 6.3 -4.3
PTF Invesco DWA Technology Momentum ETF 5.3 60 -30 1.6 -8.9
IPDP Dividend Performers ETF 5.2 106 -76 5.8 -4.8
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 5.2 95 -65 2.5 -8.1
ISCG iShares Morningstar Small-Cap Growth ETF 5.1 6 24 2.3 -8.2
PKB Invesco Dynamic Building & Construction ETF 5.1 60 -30 12.2 +1.7
IWC iShares Micro-Cap ETF 4.9 60 -30 -3.9 -14.4
VBR Vanguard Small Cap Value Index Fund 4.7 7 23 9.2 -1.3
FNY First Trust Mid Cap Growth AlphaDEX Fund 4.7 70 -40 3.4 -7.1
XSD SPDR S&P Semiconductor ETF 4.7 35 -5 6.9 -3.6
FNK First Trust Mid Cap Value AlphaDEX Fund 4.6 70 -40 12.3 +1.8
FNX First Trust Mid Cap Core AlphaDEX Fund 4.5 59 -29 8.3 -2.2
WGRO WisdomTree U.S. Growth & Momentum Fund 4.5 55 -25 7.3 -3.3
XTN SPDR S&P Transportation ETF 4.5 35 -5 3.0 -7.6
VFMO Vanguard U.S. Momentum Factor ETF 4.5 13 17 2.7 -7.8
PSCM Invesco S&P SmallCap Materials ETF 4.4 29 1 8.1 -2.4
PSCC Invesco S&P SmallCap Consumer Staples ETF 4.2 29 1 5.9 -4.6
FAB First Trust Multi Cap Value AlphaDEX Fund 4.2 67 -37 11.0 +0.5
QQQS Invesco NASDAQ Future Gen 200 ETF 4.1 20 10 -11.6 -22.2
PRN Invesco DWA Industrials Momentum ETF 4.1 60 -30 6.3 -4.3
VUSE Vident Core US Equity Fund 4.1 50 -20 6.3 -4.2
ITB iShares U.S. Home Construction ETF 4.1 40 -10 13.3 +2.8
FIW First Trust Water ETF 3.9 53 -23 4.6 -5.9
VB Vanguard Small-Cap ETF 3.8 5 25 6.2 -4.4
FCG First Trust Natural Gas ETF 3.8 60 -30 9.2 -1.3
NVQ QRAFT AI-Enhanced US Next Value ETF 3.7 75 -45 10.9 +0.4
KRE SPDR S&P Regional Banking ETF 3.7 35 -5 11.8 +1.3
OUSM ALPS O'Shares Russell Small Cap Quality Dividend ETF 3.7 48 -18 7.9 -2.7
VXF Vanguard Extended Market Index Fund 3.6 6 24 4.3 -6.3
PFI Invesco DWA Financial Momentum ETF 3.6 60 -30 5.1 -5.4
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 3.5 60 -30 4.3 -6.2
XHB SPDR S&P Homebuilders ETF 3.5 35 -5 11.2 +0.7
FAD First Trust Multi Cap Growth AlphaDEX Fund 3.5 63 -33 3.5 -7.1
MAKX ProShares S&P Kensho Smart Factories ETF 3.4 58 -28 3.8 -6.7
PXJ Invesco Dynamic Oil & Gas Services ETF 3.4 63 -33 -0.7 -11.2
IEZ iShares U.S. Oil Equipment & Services ETF 3.4 40 -10 0.6 -9.9
XES SPDR S&P Oil & Gas Equipment & Services ETF 3.4 35 -5 -2.2 -12.7
OIH VanEck Oil Services ETF 3.4 35 -5 0.7 -9.8
MGMT Ballast Small/Mid Cap ETF 3.4 110 -80 6.9 -3.6
IFRA iShares U.S. Infrastructure ETF 3.3 30 0 6.4 -4.1
HLGE Hartford Longevity Economy ETF 3.3 44 -14 8.8 -1.8
FIVG Defiance Next Gen Connectivity ETF 3.3 30 0 8.4 -2.2
RNMC Mid Cap US Equity Select ETF 3.3 60 -30 8.8 -1.7
PHO Invesco Water Resources ETF 3.2 60 -30 4.8 -5.7
HOMZ Hoya Capital Housing ETF 3.2 30 0 9.5 -1.0
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 3.2 69 -39 7.4 -3.1
QABA First Trust NASDAQ ABA Community Bank Index Fund 3.1 60 -30 10.8 +0.3
MBOX Freedom Day Dividend ETF 3.1 39 -9 8.4 -2.1
WCEO Hypatia Women CEO ETF 3.1 85 -55 6.3 -4.2
XHS SPDR S&P Health Care Services ETF 3.0 35 -5 7.5 -3.0
AZTD Aztlan Global Stock Selection DM SMID ETF 3.0 75 -45 3.9 -6.6
KBE SPDR S&P Bank ETF 2.9 35 -5 12.9 +2.4
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 2.8 7 23 5.9 -4.6
VBK Vanguard Small-Cap Growth Index Fund 2.8 7 23 1.5 -9.0
KIE SPDR S&P Insurance ETF 2.7 35 -5 8.1 -2.5
BFTR Future Innovators ETF 2.7 80 -50 2.4 -8.1
DWMC AdvisorShares Dorsey Wright Micro-Cap ETF 2.6 125 -95 0.7 -9.9
KRUZ Unusual Whales Subversive Republican Trading ETF 2.5 75 -45 4.8 -5.8
FLRG Fidelity U.S. Multifactor ETF 2.5 29 1 7.8 -2.7
VFMV Vanguard U.S. Minimum Volatility ETF 2.5 13 17 6.4 -4.1
XME SPDR S&P Metals & Mining ETF 2.4 35 -5 8.6 -2.0
RSHO Tema American Reshoring ETF 2.3 75 -45 3.6 -6.9
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 2.3 25 5 6.6 -3.9
IEO iShares U.S. Oil & Gas Exploration & Production ETF 2.3 40 -10 8.8 -1.8
CCSO Carbon Collective Climate Solutions U.S. Equity ETF 2.3 35 -5 3.0 -7.5
DON WisdomTree U.S. MidCap Dividend Fund 2.2 38 -8 9.6 -0.9
DHS WisdomTree U.S. High Dividend Fund 2.1 38 -8 9.8 -0.7
GRZZ Grizzle Growth ETF 2.0 75 -45 6.6 -3.9
NDIV Amplify Natural Resources Dividend Income ETF 2.0 59 -29 10.5 -0.1
SFYX Sofi Next 500 ETF 2.0 0 30 6.2 -4.4
CVY Invesco Zacks Multi-Asset Income ETF 2.0 100 -70 11.9 +1.3
EBLU Ecofin Global Water ESG Fund 2.0 40 -10 4.5 -6.0
EFRA iShares Environmental Infrastructure and Industrials ETF 2.0 47 -17 6.3 -4.3
AQWA Global X Clean Water ETF 2.0 50 -20 5.1 -5.5
NVIR Horizon Kinetics Energy and Remediation ETF 2.0 85 -55 0.2 -10.3
IWTR iShares MSCI Water Management Multisector ETF 2.0 47 -17 6.0 -4.5
CGW Invesco S&P Global Water Index ETF 2.0 57 -27 4.7 -5.8
TDV ProShares S&P Technology Dividend Aristocrats ETF 2.0 46 -16 6.8 -3.8
SIMS SPDR S&P Kensho Intelligent Structures ETF 2.0 45 -15 2.3 -8.2
AVUS Avantis U.S. Equity ETF 2.0 15 15 6.9 -3.7
FTXL First Trust Nasdaq Semiconductor ETF 2.0 60 -30 7.5 -3.1
PYZ Invesco DWA Basic Materials Momentum ETF 2.0 60 -30 9.9 -0.6
KCAL Subversive Food Security ETF 1.9 75 -45 8.6 -2.0
RDVY First Trust Rising Dividend Achievers ETF 1.9 50 -20 9.9 -0.6
IYT iShares Transportation Average ETF 1.9 39 -9 2.7 -7.8
EDOC Global X Telemedicine & Digital Health ETF 1.9 68 -38 -7.1 -17.6
BFIT Global X Health & Wellness ETF 1.9 50 -20 6.1 -4.4
FSMO Fidelity Small-Mid Cap Opportunities ETF 1.9 60 -30 7.8 -2.7
DFAC Dimensional U.S. Core Equity 2 ETF 1.8 17 13 6.6 -4.0
SLX VanEck Steel ETF 1.8 56 -26 23.9 +13.4
ERSX ERShares NextGen Entrepreneurs ETF 1.8 75 -45 7.1 -3.5
AMID Argent Mid Cap ETF 1.8 52 -22 8.8 -1.7
FCPI Fidelity Stocks for Inflation ETF 1.8 29 1 9.3 -1.2
PDP Invesco DWA Momentum ETF 1.8 62 -32 4.7 -5.8
PKW Invesco Buyback Achievers ETF 1.8 64 -34 9.0 -1.5
IHE iShares U.S. Pharmaceuticals ETF 1.8 40 -10 8.1 -2.5
SRHQ SRH U.S. Quality ETF 1.8 35 -5 9.0 -1.5
XSW SPDR S&P Software & Services ETF 1.8 35 -5 2.4 -8.1
RAYD Rayliant Quantitative Developed Market Equity ETF 1.8 80 -50 8.9 -1.6
GENY Principal Millennials Index ETF 1.8 38 -8 7.4 -3.1
FVD First Trust Value Line Dividend Index Fund 1.8 65 -35 6.8 -3.7
PSI Invesco Dynamic Semiconductors ETF 1.7 56 -26 6.6 -3.9
PSCU Invesco S&P SmallCap Utilities ETF 1.7 29 1 8.5 -2.0
SBIO ALPS Medical Breakthroughs ETF 1.7 50 -20 -3.6 -14.1
XBI SPDR S&P BIOTECH ETF 1.7 35 -5 -1.6 -12.1
BOAT SonicShares Global Shipping ETF 1.7 69 -39 19.5 +8.9
FENY Fidelity MSCI Energy Index ETF 1.6 8 22 6.4 -4.2
EMFQ Amplify Emerging Markets FinTech ETF 1.6 69 -39 6.2 -4.3
SAGP Strategas Global Policy Opportunities ETF 1.6 65 -35 7.6 -2.9
SUPL ProShares Supply Chain Logistics ETF 1.6 58 -28 13.8 +3.3
ETHO Etho Climate Leadership U.S. ETF 1.6 47 -17 5.5 -5.1
SAMT Strategas Macro Thematic Opportunities ETF 1.6 65 -35 4.0 -6.6
PTH Invesco DWA Healthcare Momentum ETF 1.6 60 -30 -2.9 -13.4
GURU Global X Guru Index ETF 1.5 75 -45 5.0 -5.5
FTXR First Trust Nasdaq Transportation ETF 1.5 60 -30 6.8 -3.7
PBJ Invesco Dynamic Food & Beverage ETF 1.5 63 -33 6.2 -4.4
GDIV Harbor Dividend Growth Leaders ETF 1.5 50 -20 6.7 -3.8
LETB AdvisorShares Let Bob AI Powered Momentum ETF 1.5 107 -77 5.0 -5.5
IGN iShares North American Tech-Multimedia Networking ETF 1.5 41 -11 8.8 -1.8
XTL SPDR S&P Telecom ETF 1.5 35 -5 10.0 -0.6
PAVE Global X U.S. Infrastructure Development ETF 1.5 47 -17 6.9 -3.7
DFUV Dimensional US Marketwide Value ETF 1.5 22 8 8.6 -1.9
VIS Vanguard Industrials Index Fund 1.5 10 20 5.3 -5.2
VDE Vanguard Energy Index Fund 1.5 10 20 6.2 -4.3
FIDU Fidelity MSCI Industrials Index ETF 1.5 8 22 5.6 -5.0
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF 1.5 69 -39 5.5 -5.0
IPAY ETFMG Prime Mobile Payments ETF 1.4 75 -45 8.8 -1.7
IDAT iShares Cloud 5G and Tech ETF 1.4 47 -17 5.8 -4.7
DFSU Dimensional US Sustainability Core 1 ETF 1.4 18 12 6.7 -3.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 1.4 29 1 7.6 -3.0
ROUS Hartford Multifactor US Equity ETF 1.4 19 11 8.3 -2.2
SMOT VanEck Morningstar SMID Moat ETF 1.4 49 -19 7.6 -2.9
ACTV LeaderShares Activist Leaders ETF 1.4 75 -45 9.3 -1.2
BTEK BlackRock Future Tech ETF 1.3 88 -58 0.7 -9.9
SEA U.S. Global Sea to Sky Cargo ETF 1.3 60 -30 30.8 +20.3
VLU SPDR S&P 1500 Value Tilt ETF 1.3 12 18 8.3 -2.2
XITK SPDR FactSet Innovative Technology ETF 1.3 45 -15 0.3 -10.3
FDM First Trust Dow Jones Select Microcap Index Fund 1.3 60 -30 7.6 -2.9
VALQ American Century STOXX U.S. Quality Value ETF 1.3 29 1 8.5 -2.0
PUI Invesco DWA Utilities Momentum ETF 1.3 60 -30 6.1 -4.5
FAN First Trust Global Wind Energy ETF 1.3 60 -30 5.1 -5.5
CNRG SPDR S&P Kensho Clean Power ETF 1.3 45 -15 -2.2 -12.7
BRNY Burney U.S. Factor Rotation ETF 1.2 79 -49 6.6 -4.0
TTAC TrimTabs US Free Cash Flow Quality ETF 1.2 59 -29 6.8 -3.8
CRAK VanEck Oil Refiners ETF 1.2 61 -31 11.1 +0.6
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 1.2 15 15 7.4 -3.1
TMFM Motley Fool Mid-Cap Growth ETF 1.1 85 -55 4.3 -6.3
IGE iShares North American Natural Resources ETF 1.1 41 -11 6.4 -4.2
JSTC Adasina Social Justice All Cap Global ETF 1.1 89 -59 5.6 -4.9
SXQG 6 Meridian Quality Growth ETF 1.1 100 -70 5.0 -5.5
SDIV Global X SuperDividend ETF 1.1 58 -28 18.3 +7.8
UPWD JPMorgan Social Advancement ETF 1.1 49 -19 5.8 -4.7
KOMP SPDR Kensho New Economies Composite ETF 1.1 20 10 -0.4 -10.9
WBIY WBI Power Factor High Dividend ETF 1.1 70 -40 13.3 +2.8
SMOG VanEck Low Carbon Energy ETF 1.0 61 -31 3.0 -7.6
USVT US Value ETF 1.0 49 -19 11.7 +1.1
KCE SPDR S&P Capital Markets ETF 1.0 35 -5 8.2 -2.3
VCR Vanguard Consumer Discretionary Index Fund 1.0 10 20 5.0 -5.6
FDIS Fidelity MSCI Consumer Discretionary Index ETF 1.0 8 22 5.0 -5.5
HAIL SPDR S&P Kensho Smart Mobility ETF 1.0 45 -15 -3.8 -14.3
ERTH Invesco MSCI Sustainable Future ETF 0.9 56 -26 4.2 -6.3
XPH SPDR S&P Pharmaceuticals ETF 0.9 35 -5 6.7 -3.8
FDHT Fidelity Digital Health ETF 0.9 39 -9 0.3 -10.2
FMAT Fidelity MSCI Materials Index ETF 0.9 8 22 7.3 -3.2
QGRO American Century STOXX U.S. Quality Growth ETF 0.9 29 1 6.7 -3.8
USMF WisdomTree U.S. Multifactor Fund 0.9 28 2 7.7 -2.8
KBWR Invesco KBW Regional Banking ETF 0.9 35 -5 11.8 +1.3
HDUS Hartford Disciplined US Equity ETF 0.9 19 11 7.0 -3.6
IAK iShares U.S. Insurance ETF 0.9 39 -9 7.1 -3.4
VAW Vanguard Materials Index Fund 0.9 10 20 6.9 -3.6
FLDZ RiverNorth Volition America Patriot ETF 0.9 75 -45 6.5 -4.0
FVAL Fidelity Value Factor ETF 0.9 29 1 8.3 -2.2
SHPP Pacer Industrials and Logistics ETF 0.9 60 -30 9.9 -0.6
IBRN iShares Neuroscience and Healthcare ETF 0.8 47 -17 -3.8 -14.4
IPO Renaissance IPO ETF 0.8 60 -30 -7.1 -17.6
FNDB Schwab Fundamental U.S. Broad Market Index ETF 0.8 25 5 7.6 -2.9
SENT AdvisorShares Alpha DNA Equity Sentiment ETF 0.8 101 -71 0.8 -9.7
FDWM Fidelity Women's Leadership ETF 0.8 59 -29 5.9 -4.6
DAT ProShares Big Data Refiners ETF 0.8 58 -28 0.4 -10.1
CARZ First Trust NASDAQ Global Auto Index Fund 0.8 70 -40 5.6 -5.0
DFAU Dimensional US Core Equity Market ETF 0.8 12 18 6.0 -4.5
FDMO Fidelity Momentum Factor ETF 0.8 29 1 4.3 -6.3
ROKT SPDR S&P Kensho Final Frontiers ETF 0.8 45 -15 1.7 -8.8
TRFK Pacer Data and Digital Revolution ETF 0.8 60 -30 4.9 -5.6
DRLL Strive U.S. Energy ETF 0.7 41 -11 5.8 -4.7
PBE Invesco Dynamic Biotechnology & Genome ETF 0.7 59 -29 1.6 -8.9
VDC Vanguard Consumer Staples Index Fund 0.7 10 20 6.3 -4.2
FSTA Fidelity MSCI Consumer Staples Index ETF 0.7 8 22 6.3 -4.2
DTD WisdomTree U.S.Total Dividend Fund 0.7 28 2 7.4 -3.1
CSD Invesco S&P Spin-Off ETF 0.7 65 -35 6.5 -4.0
FILL iShares MSCI Global Energy Producers ETF 0.7 39 -9 8.0 -2.5
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.7 12 18 5.5 -5.0
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.7 80 -50 7.1 -3.5
VGT Vanguard Information Technology Index Fund 0.7 10 20 5.5 -5.0
IRBO iShares Robotics and Artificial Intelligence Multisector ETF 0.7 47 -17 -1.8 -12.3
SHOC Strive U.S. Semiconductor ETF 0.7 40 -10 6.6 -3.9
FTXN First Trust Nasdaq Oil & Gas ETF 0.7 60 -30 6.6 -3.9
RYJ Invesco Raymond James SB-1 Equity ETF 0.7 81 -51 4.2 -6.3
BOSS Global X Founder-Run Companies ETF 0.6 45 -15 3.3 -7.2
BBP BioShares Biotechnology Products Fund 0.6 79 -49 -4.6 -15.1
PJP Invesco Dynamic Pharmaceuticals ETF 0.6 58 -28 7.1 -3.4
FTEC Fidelity MSCI Information Technology Index ETF 0.6 8 22 5.5 -5.0
TRFM AAM Transformers ETF 0.6 49 -19 1.6 -8.9
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.6 21 9 4.2 -6.4
SPTM SPDR Portfolio Total Stock Market ETF 0.6 3 27 6.2 -4.3
QDEF FlexShares Quality Dividend Defensive Index Fund 0.6 37 -7 7.4 -3.1
IBBQ Invesco Nasdaq Biotechnology ETF 0.6 19 11 1.2 -9.3
ONLN ProShares Online Retail ETF 0.6 58 -28 2.1 -8.4
IEDI iShares Evolved U.S. Discretionary Spending ETF 0.6 18 12 5.5 -5.1
PEY Invesco High Yield Equity Dividend Achievers ETF 0.5 53 -23 9.3 -1.2
VFH Vanguard Financials Index Fund 0.5 10 20 7.6 -3.0
FNCL Fidelity MSCI Financials Index ETF 0.5 8 22 7.6 -2.9
SDY SPDR S&P Dividend ETF 0.5 35 -5 7.2 -3.3
IWV iShares Russell 3000 ETF 0.5 20 10 5.6 -4.9
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.5 3 27 5.8 -4.7
DFUS Dimensional U.S. Equity ETF 0.5 9 21 5.8 -4.7
VTI Vanguard Total Stock Market Index Fund 0.5 3 27 5.7 -4.8
OCEN IQ Clean Oceans ETF 0.5 45 -15 7.1 -3.4
SCHB Schwab U.S. Broad Market ETF 0.5 3 27 5.9 -4.7
VTHR Vanguard Russell 3000 Index Fund 0.5 10 20 5.7 -4.8
WCBR WisdomTree Cybersecurity Fund 0.5 45 -15 1.4 -9.1
CIBR First Trust NASDAQ CEA Cybersecurity ETF 0.5 60 -30 5.2 -5.3
BUG Global X Cybersecurity ETF 0.5 51 -21 2.3 -8.3
IHAK iShares Cybersecurity & Tech ETF 0.5 47 -17 3.8 -6.7
FITE SPDR Kensho Future Security ETF 0.5 45 -15 3.9 -6.6
VEGI iShares MSCI Global Agriculture Producers ETF 0.5 39 -9 8.5 -2.0
QDF FlexShares Quality Dividend Index Fund 0.5 37 -7 7.7 -2.9
FFTY Innovator IBD 50 ETF 0.5 80 -50 2.9 -7.7
FTXG First Trust Nasdaq Food & Beverage ETF 0.5 60 -30 6.1 -4.4
QLV FlexShares US Quality Low Volatility Index Fund 0.5 22 8 5.9 -4.6
FTXO First Trust Nasdaq Bank ETF 0.5 60 -30 12.2 +1.7
PRF Invesco FTSE RAFI US 1000 ETF 0.5 39 -9 7.6 -2.9
RFDA RiverFront Dynamic US Dividend Advantage ETF 0.5 52 -22 8.7 -1.8
EDUT Global X Education ETF 0.4 50 -20 2.4 -8.1
FTXH First Trust Nasdaq Pharmaceuticals ETF 0.4 60 -30 10.2 -0.3
MILN Global X Millennial Consumer ETF 0.4 50 -20 2.6 -8.0
AVLV Avantis U.S. Large Cap Value ETF 0.4 15 15 8.7 -1.8
LRGF iShares Edge MSCI Multifactor USA ETF 0.4 8 22 6.9 -3.6
IUS Invesco Strategic US ETF 0.4 19 11 8.1 -2.5
AUSF Global X Adaptive U.S. Factor ETF 0.4 27 3 6.3 -4.3
BOUT Innovator IBD Breakout Opportunities ETF 0.4 81 -51 3.2 -7.3
IHF iShares U.S. Healthcare Providers ETF 0.4 39 -9 6.6 -3.9
RESP WisdomTree US ESG Fund of Benef Interest 0.4 28 2 6.8 -3.7
ESGV Vanguard ESG U.S. Stock ETF 0.4 9 21 5.7 -4.8
HACK ETFMG Prime Cyber Security ETF 0.4 60 -30 4.9 -5.6
BBC Virtus LifeSci Biotech Clinical Trials ETF 0.4 79 -49 0.0 -10.5
IDNA iShares Genomics Immunology & Healthcare ETF 0.4 47 -17 -9.6 -20.2
GERM ETFMG Treatments Testing and Advancements ETF 0.4 68 -38 -6.8 -17.3
BEDZ AdvisorShares Hotel ETF 0.4 99 -69 1.4 -9.1
BAD B.A.D. ETF 0.4 75 -45 3.2 -7.3
GLIF AGFiQ Global Infrastructure ETF 0.3 45 -15 5.7 -4.9
BTEC Principal Healthcare Innovators Index ETF 0.3 42 -12 -4.7 -15.2
PICK iShares MSCI Global Metals & Mining Producers ETF 0.3 39 -9 12.4 +1.8
FMIL Fidelity New Millennium ETF 0.3 59 -29 6.1 -4.4
IGM iShares Expanded Tech Sector ETF 0.3 41 -11 5.4 -5.2
CGV Conductor Global Equity Value ETF 0.3 130 -100 10.6 +0.1
JHMM John Hancock Multifactor Mid Cap ETF 0.3 41 -11 7.7 -2.9
ANEW ProShares MSCI Transformational Changes ETF 0.3 45 -15 5.9 -4.6
HKND Humankind US Stock ETF 0.3 11 19 7.3 -3.2
PSL Invesco DWA Consumer Staples Momentum ETF 0.3 60 -30 4.9 -5.7
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.3 50 -20 7.4 -3.2
YUMY VanEck Future of Food ETF 0.3 69 -39 4.5 -6.0
DEIF Sterling Capital Diverse Multi-Manager Active ETF 0.3 65 -35 7.1 -3.5
JAVA JPMorgan Active Value ETF 0.3 44 -14 6.8 -3.7
GRNR Global X Green Building ETF 0.3 45 -15 7.4 -3.1
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 0.3 50 -20 4.0 -6.6
VYM Vanguard High Dividend Yield Index ETF 0.3 6 24 8.2 -2.3
ITA iShares U.S. Aerospace & Defense ETF 0.3 40 -10 3.5 -7.0
VPU Vanguard Utilities Index Fund 0.3 10 20 6.5 -4.0
SCHD Schwab U.S. Dividend Equity ETF 0.3 6 24 9.4 -1.2
FUTY Fidelity MSCI Utilities Index ETF 0.3 8 22 6.8 -3.8
VRAI Virtus Real Asset Income ETF 0.3 55 -25 9.0 -1.6
IGV iShares Expanded Tech-Software ETF 0.3 41 -11 4.0 -6.5
MVPS Amplify Thematic All-Stars ETF 0.3 49 -19 2.2 -8.4
VIG Vanguard Dividend Appreciation Index Fund 0.3 6 24 6.3 -4.3
VT Vanguard Total World Stock ETF 0.3 7 23 6.6 -3.9
DIVB iShares Core Dividend 0.2 5 25 9.0 -1.6
HAP VanEck Natural Resources ETF 0.2 50 -20 8.2 -2.3
IBB iShares NASDAQ Biotechnology ETF 0.2 45 -15 0.7 -9.8
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.2 25 5 7.7 -2.8
BTHM BlackRock Future U.S. Themes ETF 0.2 60 -30 6.0 -4.6
FHLC Fidelity MSCI Health Care Index ETF 0.2 8 22 6.7 -3.8
IGPT Invesco AI and Next Gen Software ETF 0.2 50 -20 5.1 -5.5
PFM Invesco Dividend Achievers ETF 0.2 53 -23 6.4 -4.2
VHT Vanguard Health Care Index Fund 0.2 10 20 6.7 -3.9
MEDI Harbor Health Care ETF 0.2 80 -50 0.7 -9.9
KNCT Invesco Next Gen Connectivity ETF 0.2 40 -10 7.0 -3.6
TECB iShares US Tech Breakthrough Multisector ETF 0.2 40 -10 4.9 -5.6
BULD Pacer BlueStar Engineering the Future ETF 0.2 60 -30 -0.3 -10.8
DEW WisdomTree Global High Dividend Fund 0.2 58 -28 10.1 -0.4
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.2 46 -16 8.8 -1.8
FTAG First Trust Indxx Global Agriculture ETF 0.2 70 -40 10.4 -0.2
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 21 6.4 -4.2
DGRO iShares Core Dividend Growth ETF 0.2 8 22 7.3 -3.2
IBUY Amplify Online Retail ETF 0.2 65 -35 0.7 -9.8
VDNI V-Shares US Leadership Diversity ETF 0.2 29 1 6.2 -4.3
LVHD Legg Mason Low Volatility High Dividend ETF 0.1 27 3 9.3 -1.2
KBWD Invesco KBW High Dividend Yield Financial ETF 0.1 384 -354 9.4 -1.1
FPX First Trust US IPO Index Fund 0.1 61 -31 0.6 -10.0
FCOM Fidelity MSCI Telecommunication Services Index ETF 0.1 8 22 6.4 -4.1
VOX Vanguard Telecommunication Services Index Fund 0.1 10 20 5.5 -5.0
IYG iShares US Financial Services ETF 0.1 39 -9 7.4 -3.1
MEDX Horizon Kinetics Medical ETF 0.1 85 -55 0.2 -10.3
DSI iShares MSCI KLD 400 Social ETF 0.1 25 5 5.9 -4.6
HDV iShares Core High Dividend ETF 0.1 8 22 9.4 -1.1
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.1 28 2 6.5 -4.0
NANC Unusual Whales Subversive Democratic Trading ETF 0.1 75 -45 4.8 -5.7
VIRS Pacer BioThreat Strategy ETF 0.1 70 -40 7.2 -3.3
TMFX Motley Fool Next Index ETF 0.1 50 -20 3.9 -6.7
FDL First Trust Morningstar Dividend Leaders Index Fund 0.0 45 -15 11.3 +0.8
SCHK Schwab 1000 Index ETF 0.0 5 25 6.0 -4.6
IYY iShares Dow Jones U.S. ETF 0.0 20 10 5.8 -4.8
STXV Strive 1000 Value ETF 0.0 18 12 8.4 -2.1
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde 0.0 58 -28 5.0 -5.6
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF 0.0 45 -15 5.4 -5.1
STXG Strive 1000 Growth ETF 0.0 18 12 5.1 -5.5
JHML John Hancock Multifactor Large Cap ETF 0.0 29 1 6.4 -4.1
DFLV Dimensional US Large Cap Value ETF 0.0 22 8 9.1 -1.5
RAFE PIMCO RAFI ESG U.S. ETF 0.0 29 1 8.2 -2.3

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

  2018 2019 2020 2021 2022 2023E 2024E
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
  2022 2023E 2024E
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 16.7 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 30 bp
Equals: ALTAR Score 10.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.49 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.