Invesco S&P SmallCap Value with Momentum ETF
ALTAR
Score™		 11.5% info Recommen-
dation		 SPECULATIVE
2023E    2024E
P/E
ratio		 9.0x P/Sales
ratio		 0.4x
P/BV
ratio		 1.2x Div.
yield		 2.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Invesco S&P SmallCap Value with Momentum ETF tracks the S&P 600 High Momentum Value Index which holds 120 securities in the S&P SmallCap 600 that have the highest value scores and momentum scores.

FUND BASICS
Category US Equities
Fund Sponsor Invesco PowerShares
Website www.powershares.com
Inception date Mar 03, 2005
Assets (mns) $623
Currency USD
Expense ratio 39 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Multi-Factor
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 113
Wgt avg mkt cap (mns) $1,824
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 37.9%
Small cap (<$2bn) 62.1%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
PAR PETROLEUM CORPORATION 2.1 %
HIBBETT SPORTS INC 1.6 %
VERITIV CORP 1.6 %
CALERES, INC. 1.6 %
CONSOL ENERGY INC 1.5 %
LAREDO PETROLEUM HOLDINGS IN 1.5 %
ANDERSONS INC/THE 1.5 %
KELLY SERVICES INC -CL A 1.5 %
M/I HOMES INC 1.5 %
WARRIOR MET COAL, INC. 1.4 %
Total 15.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 96.8 %
BERMUDA 2.4 %
PUERTO RICO 0.8 %








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.
9.5% 0.1% 12.1% 9.3% 11.3%

Market Correlations
versus... Beta R-squared
S&P500 1.00 44%
MSCI EAFE 1.03 43%
MSCI Emg. Mkts. 0.74 25%

Technical Indicators
Recent close $49.32
30d moving avg. $46.72
Annualized volatility 26.7%
Short interest (ETF) 0.2%
Short interest (Underlying) 19.7%
Relative strength (RSI) 53

Liquidity measures
Avg. volume (thou.) 75
Turnover 0.6%
Bid/Ask (% of price) 0.19%
ADV underlying (mns) $1,057

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 399 potential alternatives to the Invesco S&P SmallCap Value with Momentum ETF ETF based on the alternatives' overlap in portfolio holdings with XSVM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: XSVM Expense: 39 bp ALTAR Score™: 11.5%


ALTERNATIVE ETFs BASED ON OVERLAP WITH XSVM
Ticker Fund
Name		 Overlap1
vs XSVM
(%)		 Expense
ratio
(bp)		 Savings
vs XSVM
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs XSVM
(%)
RZV Invesco S&P Smallcap 600 Pure Value ETF 39.1 35 4 11.5 0.0
CALF Pacer US Small Cap Cash Cows 100 ETF 36.2 59 -20 12.3 +0.8
SIXS 6 Meridian Small Cap Equity ETF 35.1 89 -50 8.7 -2.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 31.6 39 0 10.9 -0.6
XSHQ Invesco S&P SmallCap Quality ETF 30.5 30 9 10.2 -1.3
VAMO Cambria Value & Momentum ETF 28.1 61 -22 11.5 +0.1
SVAL iShares US Small Cap Value Factor ETF 26.1 20 19 12.0 +0.5
BSVO EA Bridgeway Omni Small-Cap Value ETF 24.0 47 -8 9.7 -1.8
VIOV Vanguard S&P Small-Cap 600 Value ETF 23.3 15 24 9.3 -2.2
FYT First Trust Small Cap Value AlphaDEX Fund 23.3 73 -34 15.1 +3.6
XSMO Invesco S&P SmallCap Momentum ETF 23.2 39 0 6.9 -4.6
IJS iShares S&P Small-cap 600 Value ETF 23.1 18 21 9.5 -1.9
SLYV SPDR S&P 600 Small Cap Value ETF 23.0 15 24 9.6 -1.9
ROSC Hartford Multifactor Small Cap ETF 22.5 34 5 10.7 -0.8
ESIX SPDR S&P SmallCap 600 ESG ETF 22.1 12 27 7.8 -3.7
AVUV Avantis U.S. Small Cap Value ETF 22.0 25 14 10.4 -1.1
SMLE Xtrackers S&P SmallCap 600 ESG ETF 21.9 15 24 7.8 -3.7
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 21.8 15 24 8.5 -2.9
EES WisdomTree SmallCap Earnings Fund 20.6 38 1 11.4 -0.1
DSMC Distillate Small/Mid Cash Flow ETF 19.5 55 -16 12.5 +1.0
AFSM First Trust Active Factor Small Cap ETF 19.3 77 -38 9.4 -2.0
VIOO Vanguard S&P Small-Cap 600 ETF 19.3 10 29 8.1 -3.4
XJR iShares ESG Screened S&P Small-Cap ETF 19.3 12 27 7.8 -3.6
IJR iShares Core S&P Small Cap ETF 19.2 6 33 8.4 -3.1
SPSM SPDR Portfolio S&P 600 Small Cap ETF 19.1 3 36 8.4 -3.1
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 19.0 59 -20 9.0 -2.5
PSCD Invesco S&P SmallCap Consumer Discretionary ETF 18.6 30 9 12.2 +0.7
SQLV Legg Mason Small-Cap Quality Value 18.6 60 -21 9.9 -1.6
SSLY Syntax Stratified SmallCap ETF 18.3 40 -1 8.1 -3.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 18.1 39 0 6.3 -5.1
SMCP AlphaMark Actively Managed Small Cap ETF 17.1 90 -51 0.0 -11.5
PSCI Invesco S&P SmallCap Industrials ETF 17.1 29 10 7.0 -4.4
DEEP Roundhill Acquirers Deep Value ETF 16.7 80 -41 17.9 +6.5
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 16.7 29 10 8.6 -2.9
ECML Euclidean Fundamental Value ETF 15.4 95 -56 15.0 +3.6
RZG Invesco S&P Smallcap 600 Pure Growth ETF 15.3 35 4 8.3 -3.2
DFSV Dimensional US Small Cap Value ETF 15.2 31 8 9.3 -2.2
FYX First Trust Small Cap Core AlphaDEX Fund 15.0 61 -22 8.8 -2.6
PSCE Invesco S&P SmallCap Energy ETF 14.7 29 10 4.4 -7.1
IJT iShares S&P Small-Cap 600 Growth ETF 14.3 25 14 7.0 -4.5
SLYG SPDR S&P 600 Small Cap Growth ETF 14.2 15 24 7.1 -4.4
VIOG Vanguard S&P Small-Cap 600 Growth ETF 14.2 15 24 7.0 -4.5
SYLD Cambria Shareholder Yield ETF 14.1 59 -20 11.8 +0.4
PSCF Invesco S&P SmallCap Financials ETF 14.1 29 10 10.5 -1.0
IWN iShares Russell 2000 Value ETF 14.0 24 15 6.2 -5.3
VTWV Vanguard Russell 2000 Value Index Fund 14.0 15 24 6.4 -5.1
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 13.8 25 14 9.3 -2.2
DES WisdomTree U.S. SmallCap Dividend Fund 13.5 38 1 10.0 -1.4
DFAT Dimensional U.S. Targeted Value ETF 13.4 28 11 8.8 -2.7
FLQS Franklin LibertyQ U.S. Small Cap Equity ETF 13.0 35 4 8.6 -2.8
XSLV Invesco S&P SmallCap Low Volatility ETF 13.0 25 14 6.8 -4.7
DWAS Invesco DWA SmallCap Momentum ETF 12.9 60 -21 1.1 -10.4
AVSC Avantis U.S Small Cap Equity ETF 12.8 25 14 5.6 -5.9
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 12.4 20 19 7.3 -4.2
CSML IQ Chaikin U.S. Small Cap ETF 12.3 35 4 5.8 -5.7
QVAL Alpha Architect U.S. Quantitative Value ETF 12.1 39 0 11.6 +0.1
DGRS WisdomTree US SmallCap Quality Dividend Growth Fund 12.1 38 1 10.7 -0.8
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 12.1 60 -21 11.0 -0.4
CSA VictoryShares US Small Cap Volatility Weighted Index ETF 11.8 35 4 8.1 -3.4
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 11.6 30 9 11.4 -0.1
PSC Principal U.S. Small Cap Index ETF 11.5 38 1 8.6 -2.9
FDM First Trust Dow Jones Select Microcap Index Fund 11.4 60 -21 7.8 -3.6
TPSC Timothy Plan US Small Cap Core ETF 10.9 52 -13 8.4 -3.1
VFMF Vanguard U.S. Multifactor ETF 10.9 18 21 9.1 -2.4
XRT SPDR S&P Retail ETF 10.9 35 4 10.0 -1.5
JSML Janus Henderson Small Cap Growth Alpha ETF 10.9 30 9 10.4 -1.1
ZIG The Acquirers Fund 10.8 84 -45 18.3 +6.8
CSB VictoryShares US Small Cap High Dividend Volatility Wtd Idx 10.0 35 4 10.0 -1.5
FNK First Trust Mid Cap Value AlphaDEX Fund 9.8 70 -31 12.0 +0.5
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 9.8 9 30 4.1 -7.3
FNDA Schwab Fundamental U.S. Small Co. Index ETF 9.8 25 14 7.0 -4.4
RNSC Small Cap US Equity Select ETF 9.2 60 -21 8.8 -2.7
VFVA Vanguard U.S. Value Factor ETF 9.1 13 26 11.1 -0.3
PSCM Invesco S&P SmallCap Materials ETF 8.8 29 10 8.0 -3.4
ISCV iShares Morningstar Small Cap Value ETF 8.8 6 33 8.5 -2.9
IWM iShares Russell 2000 ETF 8.5 19 20 3.9 -7.6
PEZ Invesco DWA Consumer Cyclicals Momentum ETF 8.5 60 -21 6.8 -4.7
VTWO Vanguard Russell 2000 Index Fund 8.4 10 29 4.0 -7.5
ISMD Inspire Small/Mid Cap Impact ETF 8.2 54 -15 6.3 -5.1
DFAS Dimensional U.S. Small Cap ETF 8.1 26 13 6.4 -5.1
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 7.9 39 0 4.3 -7.2
PXI Invesco DWA Energy Momentum ETF 7.9 60 -21 5.9 -5.6
FAB First Trust Multi Cap Value AlphaDEX Fund 7.7 67 -28 11.2 -0.3
XOP SPDR S&P Oil & Gas Exploration & Production ETF 7.7 35 4 10.7 -0.8
IWC iShares Micro-Cap ETF 7.3 60 -21 -5.4 -16.9
JMEE JPMorgan Market Expansion Enhanced Equity ETF 7.1 24 15 8.5 -2.9
NVQ QRAFT AI-Enhanced US Next Value ETF 6.9 81 -42 9.9 -1.5
STXK Strive Small-Cap ETF 6.5 18 21 5.7 -5.8
SMLF iShares Edge MSCI Multifactor USA Small-Cap ETF 6.4 15 24 6.0 -5.5
DBLV AdvisorShares DoubleLine Value Equity ETF 6.2 90 -51 8.6 -2.9
PXE Invesco Dynamic Energy Exploration & Production ETF 6.1 63 -24 13.0 +1.6
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 6.1 12 27 8.2 -3.3
FSMD Fidelity Small-Mid Factor ETF 6.0 29 10 7.9 -3.6
SCHA Schwab U.S. Small-Cap ETF 6.0 4 35 5.2 -6.3
HOMZ Hoya Capital Housing ETF 5.7 30 9 8.7 -2.8
ISCB iShares Morningstar Small-Cap ETF 5.4 4 35 5.3 -6.2
FNX First Trust Mid Cap Core AlphaDEX Fund 5.4 59 -20 8.0 -3.5
BFOR Barron's 400 ETF 5.3 65 -26 8.0 -3.5
IFRA iShares U.S. Infrastructure ETF 5.2 30 9 6.5 -4.9
SMDV ProShares Russell 2000 Dividend Growers ETF 5.2 40 -1 7.9 -3.6
VBR Vanguard Small Cap Value Index Fund 5.2 7 32 9.1 -2.4
EZM WisdomTree U.S. MidCap Earnings Fund 5.2 38 1 10.5 -0.9
ITB iShares U.S. Home Construction ETF 5.0 40 -1 12.2 +0.7
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 5.0 30 9 9.5 -2.0
PKB Invesco Dynamic Building & Construction ETF 4.9 60 -21 11.3 -0.2
NUSC Nuveen ESG Small-Cap ETF 4.8 31 8 5.7 -5.7
WCEO Hypatia Women CEO ETF 4.6 85 -46 6.3 -5.2
FYC First Trust Small Cap Growth AlphaDEX Fund 4.6 71 -32 1.1 -10.4
QMOM Alpha Architect U.S. Quantitative Momentum ETF 4.6 39 0 5.5 -5.9
GVLU Gotham 1000 Value ETF 4.6 50 -11 9.1 -2.4
XTN SPDR S&P Transportation ETF 4.6 35 4 0.7 -10.8
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 4.3 17 22 5.8 -5.7
XME SPDR S&P Metals & Mining ETF 4.2 35 4 7.1 -4.4
PSCC Invesco S&P SmallCap Consumer Staples ETF 4.1 29 10 6.1 -5.4
FCG First Trust Natural Gas ETF 4.1 60 -21 9.3 -2.2
VFMO Vanguard U.S. Momentum Factor ETF 3.8 13 26 2.7 -8.8
XHB SPDR S&P Homebuilders ETF 3.8 35 4 9.8 -1.7
BKSE BNY Mellon US Small Cap Core Equity ETF 3.6 4 35 6.2 -5.3
AFMC First Trust Active Factor Mid Cap ETF 3.6 65 -26 9.1 -2.4
KBE SPDR S&P Bank ETF 3.4 35 4 12.3 +0.9
VFQY Vanguard U.S. Quality Factor ETF 3.4 13 26 7.4 -4.1
RFDA RiverFront Dynamic US Dividend Advantage ETF 3.4 52 -13 8.3 -3.2
KIE SPDR S&P Insurance ETF 3.4 35 4 5.2 -6.2
PBJ Invesco Dynamic Food & Beverage ETF 3.4 63 -24 6.0 -5.5
SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF 3.3 20 19 5.5 -6.0
VXF Vanguard Extended Market Index Fund 3.2 6 33 4.0 -7.5
VB Vanguard Small-Cap ETF 3.2 5 34 5.8 -5.6
PSCT Invesco S&P SmallCap Information Technology ETF 3.1 29 10 6.7 -4.7
SLX VanEck Steel ETF 3.0 56 -17 22.6 +11.2
SIXL 6 Meridian Low Beta Equity Strategy ETF 3.0 80 -41 5.6 -5.8
CSF VictoryShares US Discovery Enhanced Volatility Weighted Idx 2.9 42 -3 8.5 -2.9
ARB AltShares Merger Arbitrage ETF 2.9 77 -38 -0.4 -11.9
RNMC Mid Cap US Equity Select ETF 2.9 60 -21 8.9 -2.6
PFI Invesco DWA Financial Momentum ETF 2.9 60 -21 8.6 -2.9
JHSC John Hancock Multifactor Small Cap ETF 2.8 42 -3 6.4 -5.1
TXS Texas Capital Texas Equity Index ETF 2.8 49 -10 5.6 -5.9
OUSM ALPS O'Shares Russell Small Cap Quality Dividend ETF 2.8 48 -9 8.3 -3.2
CVY Invesco Zacks Multi-Asset Income ETF 2.7 100 -61 11.8 +0.3
KRE SPDR S&P Regional Banking ETF 2.7 35 4 11.1 -0.3
COWS Amplify Cash Flow Dividend Leaders ETF 2.7 0 39 12.3 +0.8
PSCH Invesco S&P SmallCap Health Care ETF 2.7 29 10 5.1 -6.4
PRN Invesco DWA Industrials Momentum ETF 2.7 60 -21 5.4 -6.1
MBOX Freedom Day Dividend ETF 2.6 39 0 8.5 -3.0
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 2.6 25 14 6.2 -5.3
RIET Hoya Capital High Dividend Yield ETF 2.6 50 -11 14.1 +2.6
DFRA Donoghue Forlines Yield Enhanced Real Asset ETF 2.6 69 -30 9.2 -2.3
AIRR First Trust RBA American Industrial Renaissance ETF 2.5 70 -31 5.9 -5.6
PSL Invesco DWA Consumer Staples Momentum ETF 2.5 60 -21 5.4 -6.1
IWO iShares Russell 2000 Growth ETF 2.5 24 15 1.2 -10.3
VTWG Vanguard Russell 2000 Growth Index Fund 2.5 15 24 1.3 -10.2
FSMO Fidelity Small-Mid Cap Opportunities ETF 2.4 60 -21 7.4 -4.1
VUSE Vident Core US Equity Fund 2.4 50 -11 5.9 -5.6
IEO iShares U.S. Oil & Gas Exploration & Production ETF 2.3 40 -1 9.8 -1.7
XES SPDR S&P Oil & Gas Equipment & Services ETF 2.3 35 4 -2.4 -13.9
BOAT SonicShares Global Shipping ETF 2.2 69 -30 29.1 +17.6
SMIG AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF 2.2 60 -21 7.4 -4.0
AUSF Global X Adaptive U.S. Factor ETF 2.2 27 12 5.9 -5.6
QABA First Trust NASDAQ ABA Community Bank Index Fund 2.2 60 -21 10.1 -1.4
MORT VanEck Mortgage REIT Income ETF 2.2 43 -4 11.9 +0.5
SDIV Global X SuperDividend ETF 2.2 58 -19 16.3 +4.8
REM iShares Mortgage Real Estate ETF 2.2 48 -9 13.7 +2.2
MGMT Ballast Small/Mid Cap ETF 2.1 110 -71 7.6 -3.9
PAVE Global X U.S. Infrastructure Development ETF 2.0 47 -8 6.4 -5.1
ISCG iShares Morningstar Small-Cap Growth ETF 2.0 6 33 2.0 -9.5
IYT iShares Transportation Average ETF 2.0 40 -1 2.4 -9.1
VRAI Virtus Real Asset Income ETF 2.0 55 -16 9.2 -2.2
USVT US Value ETF 2.0 49 -10 12.1 +0.6
FLRG Fidelity U.S. Multifactor ETF 2.0 29 10 7.9 -3.6
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 1.9 95 -56 1.8 -9.7
FCPI Fidelity Stocks for Inflation ETF 1.9 29 10 9.4 -2.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.9 7 32 6.1 -5.3
DHS WisdomTree U.S. High Dividend Fund 1.9 38 1 9.8 -1.7
PKW Invesco Buyback Achievers ETF 1.8 64 -25 8.0 -3.5
XHS SPDR S&P Health Care Services ETF 1.8 35 4 6.8 -4.7
PXJ Invesco Dynamic Oil & Gas Services ETF 1.8 63 -24 -0.5 -12.0
WBIY WBI Power Factor High Dividend ETF 1.8 100 -61 12.5 +1.0
BRNY Burney U.S. Factor Rotation ETF 1.8 79 -40 6.3 -5.2
IAK iShares U.S. Insurance ETF 1.8 39 0 5.3 -6.2
HAIL SPDR S&P Kensho Smart Mobility ETF 1.7 45 -6 -5.0 -16.5
FTXR First Trust Nasdaq Transportation ETF 1.7 60 -21 6.8 -4.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 1.7 29 10 7.1 -4.4
IPDP Dividend Performers ETF 1.7 106 -67 5.1 -6.4
AVUS Avantis U.S. Equity ETF 1.6 15 24 6.4 -5.1
VLU SPDR S&P 1500 Value Tilt ETF 1.6 12 27 7.7 -3.8
DFAC Dimensional U.S. Core Equity 2 ETF 1.6 17 22 6.0 -5.4
DFUV Dimensional US Marketwide Value ETF 1.6 22 17 8.2 -3.3
KCAL Subversive Food Security ETF 1.5 75 -36 9.0 -2.5
OIH VanEck Oil Services ETF 1.5 35 4 0.9 -10.6
IEZ iShares U.S. Oil Equipment & Services ETF 1.5 40 -1 0.5 -11.0
SAGP Strategas Global Policy Opportunities ETF 1.5 65 -26 4.6 -6.9
HLGE Hartford Longevity Economy ETF 1.4 44 -5 7.0 -4.5
CRAK VanEck Oil Refiners ETF 1.4 61 -22 11.9 +0.4
WDIV SPDR Global Dividend ETF 1.4 40 -1 9.7 -1.8
PEY Invesco High Yield Equity Dividend Achievers ETF 1.4 53 -14 8.9 -2.6
YUMY VanEck Future of Food ETF 1.3 69 -30 5.5 -6.0
TMDV ProShares Russell US Dividend Growers ETF 1.3 35 4 6.7 -4.7
KBWD Invesco KBW High Dividend Yield Financial ETF 1.3 384 -345 8.0 -3.4
VCR Vanguard Consumer Discretionary Index Fund 1.3 10 29 4.7 -6.8
FDIS Fidelity MSCI Consumer Discretionary Index ETF 1.3 8 31 4.8 -6.7
MEME Roundhill MEME ETF 1.3 69 -30 -7.6 -19.0
DFSU Dimensional US Sustainability Core 1 ETF 1.3 18 21 6.0 -5.5
BFIT Global X Health & Wellness ETF 1.3 50 -11 5.6 -5.8
XHE SPDR S&P Health Care Equipment ETF 1.2 35 4 0.9 -10.6
QQQS Invesco NASDAQ Future Gen 200 ETF 1.2 20 19 -12.8 -24.2
GRNR Global X Green Building ETF 1.2 45 -6 7.2 -4.3
SEA U.S. Global Sea to Sky Cargo ETF 1.2 60 -21 31.7 +20.3
CVAR Cultivar ETF 1.2 87 -48 7.7 -3.7
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 1.2 80 -41 7.0 -4.5
PEJ Invesco Dynamic Leisure & Entertainment ETF 1.2 55 -16 -2.7 -14.2
JETS US Global Jets ETF 1.2 60 -21 -12.8 -24.3
FENY Fidelity MSCI Energy Index ETF 1.2 8 31 6.9 -4.6
TMFS Motley Fool Small Cap Growth ETF 1.2 85 -46 2.7 -8.8
KBWR Invesco KBW Regional Banking ETF 1.2 35 4 11.0 -0.4
FTXN First Trust Nasdaq Oil & Gas ETF 1.2 60 -21 7.1 -4.3
SUPL ProShares Supply Chain Logistics ETF 1.2 58 -19 12.9 +1.4
FNDB Schwab Fundamental U.S. Broad Market Index ETF 1.2 25 14 7.2 -4.3
PYZ Invesco DWA Basic Materials Momentum ETF 1.1 60 -21 8.0 -3.4
VIS Vanguard Industrials Index Fund 1.1 10 29 4.9 -6.6
VDE Vanguard Energy Index Fund 1.1 10 29 6.8 -4.7
FIDU Fidelity MSCI Industrials Index ETF 1.1 8 31 5.2 -6.3
FMAT Fidelity MSCI Materials Index ETF 1.0 8 31 6.8 -4.7
WOOD iShares Global Timber & Forestry ETF 1.0 42 -3 9.1 -2.3
FVAL Fidelity Value Factor ETF 1.0 29 10 7.7 -3.7
DRIV Global X Autonomous & Electric Vehicles ETF 1.0 68 -29 4.5 -7.0
EATV VegTech Plant-based Innovation & Climate ETF 1.0 75 -36 1.9 -9.6
DVLU First Trust Dorsey Wright Momentum & Value ETF 1.0 60 -21 11.7 +0.2
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.9 63 -24 2.7 -8.8
HKND Humankind US Stock ETF 0.9 11 28 6.8 -4.7
CRUZ Defiance Hotel Airline and Cruise ETF 0.9 45 -6 -4.2 -15.7
CUT Invesco MSCI Global Timber ETF 0.9 61 -22 8.8 -2.7
GERM ETFMG Treatments Testing and Advancements ETF 0.9 68 -29 -8.5 -19.9
TMFM Motley Fool Mid-Cap Growth ETF 0.9 85 -46 3.2 -8.2
GURU Global X Guru Index ETF 0.9 75 -36 4.3 -7.2
FDWM Fidelity Women's Leadership ETF 0.9 59 -20 5.7 -5.8
AMID Argent Mid Cap ETF 0.9 52 -13 8.1 -3.4
SMOT VanEck Morningstar SMID Moat ETF 0.9 49 -10 7.8 -3.7
FXO First Trust Financials AlphaDEX Fund 0.9 62 -23 10.0 -1.5
VAW Vanguard Materials Index Fund 0.9 10 29 6.6 -4.8
JSTC Adasina Social Justice All Cap Global ETF 0.9 89 -50 4.6 -6.8
OSCV Opus Small Cap Value Plus ETF 0.9 79 -40 6.5 -5.0
FDIV MarketDesk Focused U.S. Dividend ETF 0.9 35 4 9.8 -1.7
ENRG SoFi Smart Energy ETF 0.9 59 -20 -2.5 -14.0
SRHQ SRH U.S. Quality ETF 0.9 35 4 8.4 -3.1
PTEC Global X PropTech ETF 0.9 50 -11 2.4 -9.1
SIMS SPDR S&P Kensho Intelligent Structures ETF 0.9 45 -6 2.0 -9.5
BOUT Innovator IBD Breakout Opportunities ETF 0.9 81 -42 5.3 -6.2
NVIR Horizon Kinetics Energy and Remediation ETF 0.8 85 -46 0.4 -11.1
ETHO Etho Climate Leadership U.S. ETF 0.8 47 -8 5.0 -6.5
SHPP Pacer Industrials and Logistics ETF 0.8 60 -21 9.4 -2.1
CBSE Changebridge Capital Sustainable Equity ETF 0.8 85 -46 0.6 -10.9
FGD First Trust Dow Jones Global Select Dividend Index Fund 0.8 56 -17 13.9 +2.5
DON WisdomTree U.S. MidCap Dividend Fund 0.8 38 1 9.1 -2.3
FNCL Fidelity MSCI Financials Index ETF 0.8 8 31 6.9 -4.6
TOKE Cambria Cannabis ETF 0.8 42 -3 -30.0 -41.5
DIV Global X SuperDividend US ETF 0.8 45 -6 8.9 -2.6
ERTH Invesco MSCI Sustainable Future ETF 0.8 56 -17 3.8 -7.7
VFH Vanguard Financials Index Fund 0.8 10 29 6.9 -4.6
VFMV Vanguard U.S. Minimum Volatility ETF 0.8 13 26 5.9 -5.6
STCE Schwab Crypto Thematic ETF 0.7 30 9 -2.5 -14.0
RAYD Rayliant Quantitative Developed Market Equity ETF 0.7 80 -41 5.5 -6.0
KBWP Invesco KBW Property & Casualty Insurance ETF 0.7 35 4 5.2 -6.3
ROKT SPDR S&P Kensho Final Frontiers ETF 0.7 45 -6 1.4 -10.1
PRF Invesco FTSE RAFI US 1000 ETF 0.7 39 0 7.1 -4.4
ACTV LeaderShares Activist Leaders ETF 0.7 75 -36 9.2 -2.3
IGE iShares North American Natural Resources ETF 0.7 41 -2 6.5 -5.0
DFAU Dimensional US Core Equity Market ETF 0.6 12 27 5.7 -5.8
MAKX ProShares S&P Kensho Smart Factories ETF 0.6 58 -19 3.1 -8.4
KOMP SPDR Kensho New Economies Composite ETF 0.6 20 19 -0.5 -12.0
ROUS Hartford Multifactor US Equity ETF 0.6 19 20 6.6 -4.8
VALQ American Century STOXX U.S. Quality Value ETF 0.6 29 10 8.1 -3.4
DTD WisdomTree U.S.Total Dividend Fund 0.6 28 11 7.2 -4.3
RYJ Invesco Raymond James SB-1 Equity ETF 0.6 81 -42 3.9 -7.6
HDUS Hartford Disciplined US Equity ETF 0.6 19 20 6.5 -5.0
IPO Renaissance IPO ETF 0.6 60 -21 -8.7 -20.1
FSTA Fidelity MSCI Consumer Staples Index ETF 0.6 8 31 6.3 -5.2
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.6 15 24 7.1 -4.4
EVX VanEck Environmental Services ETF 0.6 55 -16 3.5 -8.0
QDEF FlexShares Quality Dividend Defensive Index Fund 0.6 37 2 6.1 -5.3
VDC Vanguard Consumer Staples Index Fund 0.6 10 29 6.3 -5.2
IUS Invesco Strategic US ETF 0.6 19 20 7.7 -3.8
FILL iShares MSCI Global Energy Producers ETF 0.5 39 0 8.7 -2.7
GDIV Harbor Dividend Growth Leaders ETF 0.5 50 -11 6.2 -5.3
FIW First Trust Water ETF 0.5 53 -14 4.8 -6.6
RDVY First Trust Rising Dividend Achievers ETF 0.5 50 -11 9.6 -1.9
PHO Invesco Water Resources ETF 0.5 60 -21 4.8 -6.6
PICK iShares MSCI Global Metals & Mining Producers ETF 0.5 39 0 10.2 -1.3
TMFX Motley Fool Next Index ETF 0.5 50 -11 3.3 -8.2
VBK Vanguard Small-Cap Growth Index Fund 0.5 7 32 1.3 -10.2
QDF FlexShares Quality Dividend Index Fund 0.5 37 2 6.2 -5.3
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.5 12 27 4.9 -6.6
FNDX Schwab Fundamental U.S. Large Co. Index ETF 0.5 25 14 7.2 -4.2
HTEC ROBO Global Healthcare Technology & Innovation ETF 0.5 68 -29 1.6 -9.9
SPTM SPDR Portfolio Total Stock Market ETF 0.5 3 36 5.8 -5.7
IEDI iShares Evolved U.S. Discretionary Spending ETF 0.5 18 21 5.2 -6.3
KBWY Invesco KBW Premium Yield Equity REIT ETF 0.5 35 4 18.8 +7.3
HOTL Kelly Hotel & Lodging Sector ETF 0.5 78 -39 3.4 -8.0
NURE Nuveen Short-Term REIT ETF 0.5 35 4 6.2 -5.3
RDOG ALPS REIT Dividend Dogs ETF 0.5 35 4 14.0 +2.5
IWV iShares Russell 3000 ETF 0.4 20 19 5.3 -6.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.4 3 36 5.4 -6.0
DFUS Dimensional U.S. Equity ETF 0.4 9 30 5.5 -6.0
VTHR Vanguard Russell 3000 Index Fund 0.4 10 29 5.4 -6.1
BOTZ Global X Robotics & Artificial Intelligence ETF 0.4 69 -30 2.1 -9.4
SFYX Sofi Next 500 ETF 0.4 0 39 6.1 -5.4
LUXX Roundhill S&P Global Luxury ETF 0.4 45 -6 2.5 -9.0
VTI Vanguard Total Stock Market Index Fund 0.4 3 36 5.3 -6.1
SCHD Schwab U.S. Dividend Equity ETF 0.4 6 33 8.9 -2.6
TTAC TrimTabs US Free Cash Flow Quality ETF 0.4 59 -20 6.2 -5.3
SCHB Schwab U.S. Broad Market ETF 0.4 3 36 5.5 -6.0
MILN Global X Millennial Consumer ETF 0.4 50 -11 2.3 -9.1
FTRI First Trust Indxx Global Natural Resources Income ETF 0.4 70 -31 9.1 -2.4
QGRO American Century STOXX U.S. Quality Growth ETF 0.4 29 10 5.9 -5.6
VEGI iShares MSCI Global Agriculture Producers ETF 0.4 39 0 9.0 -2.5
SXQG 6 Meridian Quality Growth ETF 0.4 100 -61 4.7 -6.8
RNEW VanEck Green Infrastructure ETF 0.3 45 -6 0.0 -11.5
ESGV Vanguard ESG U.S. Stock ETF 0.3 9 30 5.3 -6.2
LVHD Legg Mason Low Volatility High Dividend ETF 0.3 27 12 9.4 -2.0
CCSO Carbon Collective Climate Solutions U.S. Equity ETF 0.3 35 4 2.4 -9.1
HAP VanEck Natural Resources ETF 0.3 50 -11 8.1 -3.3
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 0.3 21 18 4.0 -7.4
FMIL Fidelity New Millennium ETF 0.3 59 -20 4.4 -7.1
SNSR Global X Internet of Things Thematic ETF 0.3 68 -29 4.2 -7.3
VYM Vanguard High Dividend Yield Index ETF 0.3 6 33 7.8 -3.7
DRLL Strive U.S. Energy ETF 0.2 41 -2 6.4 -5.1
KRUZ Unusual Whales Subversive Republican Trading ETF 0.2 75 -36 4.1 -7.4
KCE SPDR S&P Capital Markets ETF 0.2 35 4 7.9 -3.6
GQRE FlexShares Global Quality Real Estate Index Fund 0.2 45 -6 7.3 -4.2
JVAL JPMorgan U.S. Value Factor ETF 0.2 12 27 8.9 -2.5
DEW WisdomTree Global High Dividend Fund 0.2 58 -19 9.2 -2.3
CRED Columbia Research Enhanced Real Estate ETF 0.2 33 6 7.6 -3.9
TRFK Pacer Data and Digital Revolution ETF 0.2 60 -21 4.5 -7.0
SDY SPDR S&P Dividend ETF 0.2 35 4 6.9 -4.5
OCEN IQ Clean Oceans ETF 0.2 45 -6 5.6 -5.8
VGT Vanguard Information Technology Index Fund 0.2 10 29 5.0 -6.5
GUNR FlexShares Morningstar Global Upstream Natural Resources Ind 0.2 46 -7 8.6 -2.8
VT Vanguard Total World Stock ETF 0.2 7 32 5.1 -6.3
AVLV Avantis U.S. Large Cap Value ETF 0.2 15 24 8.2 -3.3
FTEC Fidelity MSCI Information Technology Index ETF 0.2 8 31 5.0 -6.5
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF 0.2 50 -11 3.2 -8.2
ICLN iShares Global Clean Energy ETF 0.1 41 -2 4.2 -7.3
PPA Invesco Aerospace & Defense ETF 0.1 61 -22 4.2 -7.3
SCHM Schwab U.S. Mid-Cap ETF 0.1 4 35 6.8 -4.7
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 0.1 30 9 8.4 -3.1
FDL First Trust Morningstar Dividend Leaders Index Fund 0.1 45 -6 10.7 -0.8
DIVB iShares Core Dividend 0.1 5 34 8.4 -3.1
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.1 24 15 8.7 -2.8
RWR SPDR Dow Jones REIT ETF 0.1 25 14 7.4 -4.1
VDNI V-Shares US Leadership Diversity ETF 0.1 29 10 5.7 -5.8
BBRE JPMorgan BetaBuilders MSCI U.S. REIT ETF 0.1 11 28 7.8 -3.6
FRI First Trust S&P REIT Index Fund 0.1 50 -11 7.4 -4.1
USRT iShares Core U.S. REIT ETF 0.1 8 31 7.8 -3.7
DFAR Dimensional US Real Estate ETF 0.1 19 20 7.4 -4.1
VIG Vanguard Dividend Appreciation Index Fund 0.1 6 33 5.9 -5.6
SCHH Schwab U.S. REIT ETF 0.1 7 32 7.7 -3.8
IYG iShares US Financial Services ETF 0.1 40 -1 6.5 -5.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 30 5.7 -5.8
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 10 6.8 -4.7
PFM Invesco Dividend Achievers ETF 0.1 53 -14 5.9 -5.6
FREL Fidelity MSCI Real Estate Index ETF 0.1 8 31 7.5 -4.0
RWO SPDR Dow Jones Global Real Estate ETF 0.1 50 -11 6.8 -4.7
REET iShares Global REIT ETF 0.1 14 25 7.3 -4.1
IYF iShares U.S. Financials ETF 0.1 40 -1 6.7 -4.8
FPXE First Trust IPOX Europe Equity Opportunities ETF 0.1 70 -31 4.3 -7.2
DSI iShares MSCI KLD 400 Social ETF 0.1 25 14 5.5 -6.0
VNQ Vanguard REIT Index Fund 0.1 12 27 7.4 -4.0
HDV iShares Core High Dividend ETF 0.1 8 31 8.8 -2.6
DGRO iShares Core Dividend Growth ETF 0.1 8 31 7.0 -4.5
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 19 6.9 -4.6
IAI iShares U.S. Broker-Dealers ETF 0.1 40 -1 6.5 -5.0
DFGR Dimensional Global Real Estate ETF 0.1 22 17 7.1 -4.4
SMMD iShares Russell 2500 ETF 0.1 15 24 6.4 -5.1
FTAG First Trust Indxx Global Agriculture ETF 0.1 70 -31 9.2 -2.2
JMOM JPMorgan U.S. Momentum Factor ETF 0.1 12 27 5.4 -6.1
VHT Vanguard Health Care Index Fund 0.1 10 29 6.1 -5.4
IHF iShares U.S. Healthcare Providers ETF 0.1 39 0 6.3 -5.2
FHLC Fidelity MSCI Health Care Index ETF 0.1 8 31 6.2 -5.3
IGM iShares Expanded Tech Sector ETF 0.1 41 -2 4.9 -6.6
SCHK Schwab 1000 Index ETF 0.1 5 34 5.5 -5.9
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.1 14 25 5.6 -5.9
IWS iShares Russell Mid-Cap Value ETF 0.1 23 16 7.3 -4.2
TMFE Motley Fool Capital Efficiency 100 Index ETF 0.1 50 -11 5.1 -6.3
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.0 20 19 8.3 -3.2
TDIV First Trust NASDAQ Technology Dividend Index Fund 0.0 50 -11 6.3 -5.2
IWR iShares Russell Midcap ETF 0.0 18 21 6.2 -5.3
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 0.0 17 22 7.5 -4.0
JCTR JPMorgan Carbon Transition U.S. Equity ETF 0.0 15 24 5.1 -6.4
ERET iShares Environmentally Aware Real Estate ETF 0.0 30 9 7.2 -4.2
STXV Strive 1000 Value ETF 0.0 18 21 8.5 -3.0
FBCG Fidelity Blue Chip Growth ETF 0.0 59 -20 2.4 -9.1
ONEO SPDR Russell 1000 Momentum Focus ETF 0.0 20 19 7.4 -4.0
NFRA FlexShares STOXX Global Broad Infrastructure Index Fund 0.0 47 -8 5.8 -5.7
IWD iShares Russell 1000 Value ETF 0.0 19 20 7.1 -4.4
VONV Vanguard Russell 1000 Value Index Fund 0.0 8 31 7.2 -4.3
TECB iShares US Tech Breakthrough Multisector ETF 0.0 40 -1 4.5 -7.0
IYY iShares Dow Jones U.S. ETF 0.0 20 19 5.3 -6.1
IWB iShares Russell 1000 ETF 0.0 15 24 5.4 -6.1
VONE Vanguard Russell 1000 ETF 0.0 8 31 5.5 -6.0
DGRW WisdomTree U.S. Quality Dividend Growth Fund 0.0 28 11 6.1 -5.4
ACVF American Conservative Values ETF 0.0 75 -36 4.8 -6.7

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 Value with Momentum ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

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

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.2 %
Divided by: Fwd. P/BV 1.0 x
Less: Expense ratio 39 bp
Equals: ALTAR Score 11.5 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.54 CATEGORY
AVERAGE		 1.49
 
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.