Invesco S&P SmallCap Materials ETF
ALTAR
Score™		 9.9% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 20.1x P/Sales
ratio		 1.2x
P/BV
ratio		 2.0x Div.
yield		 1.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Invesco S&P Small Cap Materials is based on the S&P SmallCap 600 Capped Materials Index. The Index is a subset of the S&P SmallCap 600 Index, which is a float-adjusted, market-capitalization-weighted index reflecting the U.S. small-cap market.

FUND BASICS
Category US Equities
Fund Sponsor Invesco
Website www.invescopowershares.com
Inception date Apr 07, 2010
Assets (mns) $21
Currency USD
Expense ratio 29 bp
Distributions Quarterly

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

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 26
Wgt avg mkt cap (mns) $3,864
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 83.1%
Small cap (<$2bn) 16.9%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
PLATFORM SPECIALTY PRODUCTS 11.4 %
EASTMAN CHEMICAL COMPANY 10.5 %
MATERION CORP 7.5 %
CELANESE CORP-SERIES A 7.1 %
BALCHEM CORP 6.8 %
SENSIENT TECHNOLOGIES CORP 5.4 %
H.B. FULLER CO. 4.7 %
WARRIOR MET COAL, INC. 4.6 %
HAWKINS INC 4.5 %
CHEMOURS CO. 4.3 %
Total 66.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.8 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
15.0% 34.3% 9.4% 10.8% 9.5%

Market Correlations
versus... Beta R-squared
S&P500 1.02 30%
MSCI EAFE 0.93 38%
MSCI Emg. Mkts. 0.56 33%

Technical Indicators
Recent close $100.59
30d moving avg. $99.66
Annualized volatility 24.8%
Short interest (ETF) 1.8%
Short interest (Underlying) 5.8%
Relative strength (RSI) 44

Liquidity measures
Avg. volume (thou.) 2
Turnover 1.0%
Bid/Ask (% of price) 0.47%
ADV underlying (mns) $542

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 290 potential alternatives to the Invesco S&P SmallCap Materials ETF ETF based on the alternatives' overlap in portfolio holdings with PSCM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: PSCM Expense: 29 bp ALTAR Score™: 9.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH PSCM
Ticker Fund
Name		 Overlap1
vs PSCM
(%)		 Expense
ratio
(bp)		 Savings
vs PSCM
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs PSCM
(%)
XME State Street SPDR S&P Metals & Mining ETF 16.4 35 -6 5.7 -4.2
TINT ProShares Smart Materials ETF 8.3 58 -29 5.5 -4.4
CDIG City Different Investments Global Equity ETF 7.2 75 -46 -1.6 -11.5
SMDV ProShares Russell 2000 Dividend Growers ETF 7.0 40 -11 6.4 -3.5
IJS iShares S&P Small-Cap 600 Value ETF 5.8 18 11 8.3 -1.6
SLYV State Street SPDR S&P 600 Small Cap Value ETF 5.8 15 14 8.4 -1.5
RZV Invesco S&P Smallcap 600 Pure Value ETF 5.7 35 -6 6.5 -3.3
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 5.6 38 -9 8.4 -1.5
VIOV Vanguard S&P Small-Cap 600 Value ETF 5.6 10 19 8.4 -1.5
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 5.6 30 -1 13.1 +3.2
XSMO Invesco S&P SmallCap Momentum ETF 5.5 39 -10 3.5 -6.4
HAPS Harbor Human Capital Factor US Small Cap ETF 5.3 60 -31 3.1 -6.8
ALIL Argent Focused Small Cap ETF 5.1 74 -45 5.5 -4.4
FMAT Fidelity MSCI Materials Index ETF 5.0 8 21 5.1 -4.8
VAW Vanguard Materials ETF 5.0 9 20 5.1 -4.8
NDIV Amplify Natural Resources Dividend Income ETF 4.7 59 -30 11.7 +1.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 4.7 39 -10 6.7 -3.2
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 4.5 15 14 5.8 -4.1
XJR iShares ESG Screened S&P Small-Cap ETF 4.3 12 17 5.7 -4.2
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF 4.3 3 26 5.9 -3.9
VIOO Vanguard S&P Small-Cap 600 ETF 4.3 7 22 5.7 -4.1
FXZ First Trust Materials AlphaDEX Fund 4.3 61 -32 6.8 -3.0
IJR iShares Core S&P Small Cap ETF 4.2 6 23 5.9 -4.0
FMTM MarketDesk Focused U.S. Momentum ETF 3.9 45 -16 4.8 -5.1
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 3.8 29 0 6.1 -3.8
OSCV Opus Small Cap Value ETF 3.5 79 -50 5.6 -4.3
WBIY WBI Power Factor High Dividend ETF 3.4 100 -71 11.3 +1.5
TMDV ProShares Russell US Dividend Growers ETF 3.2 35 -6 5.9 -4.0
RSPM Invesco S&P 500 Equal Weight Materials ETF 3.2 40 -11 5.4 -4.4
FYT First Trust Small Cap Value AlphaDEX Fund 2.9 73 -44 8.9 -0.9
CSA VictoryShares US Small Cap Volatility Wtd ETF 2.9 35 -6 6.7 -3.2
AVSC Avantis U.S Small Cap Equity ETF 2.8 25 4 4.3 -5.6
DES WisdomTree U.S. SmallCap Dividend Fund 2.8 38 -9 7.6 -2.3
SLYG State Street SPDR S&P 600 Small Cap Growth ETF 2.7 15 14 3.4 -6.5
IJT iShares S&P Small-Cap 600 Growth ETF 2.7 18 11 3.4 -6.5
VIOG Vanguard S&P Small-Cap 600 Growth ETF 2.7 10 19 3.4 -6.5
ISMD Inspire Small/Mid Cap ETF 2.7 54 -25 4.6 -5.3
SCDV Bahl & Gaynor Small Cap Dividend ETF 2.6 70 -41 3.8 -6.1
EES WisdomTree U.S. SmallCap Fund 2.6 38 -9 7.3 -2.6
IYM iShares U.S. Basic Materials ETF 2.5 40 -11 4.5 -5.3
XSVM Invesco S&P SmallCap Value with Momentum ETF 2.5 36 -7 7.6 -2.2
FYX First Trust Small Cap Core AlphaDEX Fund 2.5 61 -32 4.9 -5.0
SIMS State Street SPDR S&P Kensho Intelligent Structures ETF 2.4 45 -16 4.3 -5.6
JPSV JPMorgan Active Small Cap Value ETF 2.3 74 -45 6.8 -3.1
TPSC Timothy Plan US Small Cap Core ETF 2.3 52 -23 6.2 -3.7
FESM Fidelity Enhanced Small Cap ETF 2.3 28 1 2.1 -7.8
TMFS Motley Fool Small-Cap Growth ETF 2.2 85 -56 1.1 -8.8
VRAI Virtus Real Asset Income ETF 2.2 55 -26 8.2 -1.6
IWO iShares Russell 2000 Growth ETF 2.1 24 5 0.5 -9.4
GRPZ Invesco S&P SmallCap 600 GARP ETF 2.1 35 -6 5.5 -4.4
PRNT 3D Printing ETF 2.1 66 -37 1.1 -8.8
HYP Golden Eagle Dynamic Hypergrowth ETF 2.1 85 -56 -0.8 -10.6
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 2.1 9 20 3.4 -6.4
SMLV State Street SPDR US Small Cap Low Volatility Index ETF 2.1 12 17 3.2 -6.7
DFSV Dimensional US Small Cap Value ETF 2.1 31 -2 8.3 -1.6
UDI USCF Dividend Income Fund 2.0 65 -36 6.4 -3.5
NUSC Nuveen ESG Small-Cap ETF 2.0 31 -2 4.6 -5.2
JHSC John Hancock Multifactor Small Cap ETF 2.0 42 -13 5.7 -4.2
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 2.0 80 -51 6.5 -3.4
FNDA Schwab Fundamental US Small Co. Index ETF 1.9 25 4 5.8 -4.1
AMID Argent Mid Cap ETF Argent Mid Cap ETF 1.9 52 -23 5.0 -4.9
BKSE BNY Mellon US Small Cap Core Equity ETF 1.9 4 25 14.7 +4.8
KROP Global X AgTech & Food Innovation ETF 1.9 50 -21 6.6 -3.3
XSLV Invesco S&P SmallCap Low Volatility ETF 1.9 25 4 6.9 -3.0
LYLD Cambria Large Cap Shareholder Yield ETF 1.9 59 -30 7.8 -2.0
SYLD Cambria Shareholder Yield ETF 1.9 59 -30 9.6 -0.2
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF 1.9 59 -30 3.9 -5.9
SMOT VanEck Morningstar SMID Moat ETF 1.8 49 -20 6.1 -3.8
CSMD Congress SMid Growth ETF 1.8 69 -40 3.4 -6.5
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.8 24 5 5.7 -4.2
RSSL Global X Russell 2000 ETF 1.8 8 21 2.5 -7.3
VTWG Vanguard Russell 2000 Growth ETF 1.7 10 19 0.6 -9.3
TMAT Main Thematic Innovation ETF 1.7 164 -135 -1.9 -11.8
WOOD iShares Global Timber & Forestry ETF 1.7 42 -13 10.6 +0.8
BRF VanEck Brazil Small-Cap ETF 1.7 66 -37 12.0 +2.1
STXK Strive Small-Cap ETF 1.7 18 11 4.9 -5.0
IWM iShares Russell 2000 ETF 1.7 19 10 2.5 -7.4
DEEP Roundhill Acquirers Deep Value ETF 1.7 80 -51 14.5 +4.6
ASCE Allspring SMID Core ETF 1.7 38 -9 2.8 -7.1
FFOX FundX Future Fund Opportunities ETF 1.7 100 -71 2.3 -7.5
SVAL iShares US Small Cap Value Factor ETF 1.6 20 9 6.7 -3.2
XSHQ Invesco S&P SmallCap Quality ETF 1.6 29 0 6.3 -3.5
PSC Principal U.S. Small-Cap ETF 1.6 38 -9 3.4 -6.5
PEY Invesco High Yield Equity Dividend Achievers ETF 1.6 52 -23 8.1 -1.7
ECML Euclidean Fundamental Value ETF 1.6 95 -66 8.4 -1.4
DGLO First Trust RBA Deglobalization ETF 1.5 70 -41 5.1 -4.8
AVUV Avantis U.S. Small Cap Value ETF 1.5 25 4 7.5 -2.4
VTWO Vanguard Russell 2000 ETF 1.5 7 22 2.6 -7.3
FYC First Trust Small Cap Growth AlphaDEX Fund 1.5 71 -42 -0.6 -10.5
BSVO EA Bridgeway Omni Small-Cap Value ETF 1.5 47 -18 7.1 -2.8
PXI Invesco Dorsey Wright Energy Momentum ETF 1.4 60 -31 5.2 -4.6
FLQS Franklin U.S. Small Cap Multifactor Index ETF 1.4 35 -6 5.6 -4.3
DFAT Dimensional U.S. Targeted Value ETF 1.4 28 1 8.1 -1.8
TBG TBG Dividend Focus ETF 1.4 59 -30 6.0 -3.9
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 1.4 60 -31 -0.9 -10.8
NIXT Research Affiliates Deletions ETF 1.4 9 20 5.9 -4.0
DSMC Distillate Small/Mid Cash Flow ETF 1.4 55 -26 9.9 +0.1
ETHO Etho Climate Leadership U.S. ETF 1.4 47 -18 3.9 -6.0
SCHA Schwab U.S. Small-Cap ETF 1.3 4 25 4.2 -5.7
VBR Vanguard Small Cap Value ETF 1.3 7 22 7.4 -2.4
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.3 39 -10 2.1 -7.8
DFAS Dimensional U.S. Small Cap ETF 1.3 26 3 5.2 -4.6
IWN iShares Russell 2000 Value ETF 1.3 24 5 4.4 -5.4
PAVE Global X U.S. Infrastructure Development ETF 1.3 47 -18 4.1 -5.8
TCV Towle Value ETF 1.3 85 -56 8.7 -1.2
SQLV Royce Quant Small-Cap Quality Value ETF 1.3 60 -31 7.0 -2.8
VTWV Vanguard Russell 2000 Value ETF 1.3 10 19 4.6 -5.3
FIW First Trust Water ETF 1.2 53 -24 4.8 -5.1
VFVA Vanguard U.S. Value Factor ETF 1.2 13 16 8.6 -1.3
ROSC Hartford Multifactor Small Cap ETF 1.2 34 -5 6.7 -3.2
ESML iShares ESG Aware MSCI USA Small-Cap ETF 1.2 17 12 4.7 -5.2
RNIN Bushido Capital US SMID Cap Equity ETF 1.2 70 -41 9.2 -0.7
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 1.2 49 -20 7.6 -2.3
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 1.2 35 -6 6.1 -3.8
PICK iShares MSCI Global Metals & Mining Producers ETF 1.2 39 -10 8.1 -1.8
AIVL WisdomTree U.S. AI Enhanced Value Fund 1.2 38 -9 4.9 -5.0
ISCG iShares Morningstar Small-Cap Growth ETF 1.2 6 23 2.6 -7.3
ISCV iShares Morningstar Small Cap Value ETF 1.1 6 23 7.2 -2.6
FDM First Trust Dow Jones Select MicroCap Index Fund 1.1 60 -31 6.5 -3.4
FSMD Fidelity Small-Mid Multifactor ETF 1.1 15 14 6.2 -3.6
ISCB iShares Morningstar Small-Cap ETF 1.1 4 25 5.1 -4.8
DON WisdomTree U.S. MidCap Dividend Fund 1.1 38 -9 7.8 -2.1
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 1.1 20 9 3.7 -6.2
SMMD iShares Russell 2500 ETF 1.0 15 14 5.2 -4.6
CUT Invesco MSCI Global Timber ETF 1.0 61 -32 7.7 -2.2
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 1.0 60 -31 5.5 -4.4
PHO Invesco Water Resources ETF 1.0 60 -31 4.7 -5.2
MGMT Ballast Small/Mid Cap ETF 1.0 110 -81 7.1 -2.8
VXF Vanguard Extended Market ETF 0.9 5 24 3.6 -6.3
AESR Anfield U.S. Equity Sector Rotation ETF 0.9 108 -79 2.8 -7.1
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF 0.9 35 -6 8.5 -1.4
SIXL ETC 6 Meridian Low Beta Equity ETF 0.9 80 -51 5.7 -4.2
EQAL Invesco Russell 1000 Equal Weight ETF 0.9 20 9 5.9 -4.0
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 0.9 24 5 6.9 -3.0
VB Vanguard Small-Cap ETF 0.9 5 24 5.0 -4.9
WCEO Hypatia Women CEO ETF 0.9 85 -56 4.3 -5.6
EZM WisdomTree U.S. MidCap Fund 0.9 38 -9 7.6 -2.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.8 39 -10 3.3 -6.5
AVIE Avantis  Inflation Focused Equity ETF 0.8 25 4 5.9 -4.0
ANEW ProShares MSCI Transformational Changes ETF 0.8 45 -16 4.2 -5.7
SMOX Horizon Small/Mid Cap Core Equity ETF 0.8 75 -46 5.1 -4.8
FAB First Trust Multi Cap Value AlphaDEX Fund 0.8 67 -38 8.1 -1.8
JPUS JPMorgan Diversified Return U.S. Equity ETF 0.8 18 11 6.6 -3.2
IFRA iShares U.S. Infrastructure ETF 0.8 30 -1 5.5 -4.4
WSML iShares MSCI World Small-Cap ETF 0.7 15 14 5.2 -4.7
POWR iShares U.S. Power Infrastructure ETF 0.7 40 -11 4.0 -5.8
NANR SPDR S&P North American Natural Resources ETF 0.7 35 -6 6.4 -3.5
DVY iShares Select Dividend ETF 0.7 38 -9 7.7 -2.1
EFRA iShares Environmental Infrastructure and Industrials ETF 0.7 47 -18 4.9 -5.0
CCNR ALPS CoreCommodity Natural Resources ETF 0.7 39 -10 8.3 -1.5
AFSM First Trust Active Factor Small Cap ETF 0.7 75 -46 5.3 -4.6
HWSM Hotchkis & Wiley SMID Cap Diversified Value ETF 0.7 55 -26 8.3 -1.6
WDNA WisdomTree BioRevolution Fund 0.6 45 -16 -2.0 -11.9
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.6 15 14 6.0 -3.9
FNY First Trust Mid Cap Growth AlphaDEX Fund 0.6 70 -41 2.0 -7.9
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.6 40 -11 3.4 -6.4
GVLU Gotham 1000 Value ETF 0.6 50 -21 7.8 -2.1
FNK First Trust Mid Cap Value AlphaDEX Fund 0.6 70 -41 9.0 -0.8
CGW Invesco S&P Global Water Index ETF 0.6 57 -28 4.4 -5.5
DXUV Dimensional US Vector Equity ETF 0.6 28 1 5.0 -4.9
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.5 25 4 7.2 -2.6
FNX First Trust Mid Cap Core AlphaDEX Fund 0.5 60 -31 5.9 -4.0
SMLF iShares U.S. SmallCap Equity Factor ETF 0.5 15 14 4.7 -5.2
VFMO Vanguard U.S. Momentum Factor ETF 0.5 13 16 1.7 -8.2
SFLO VictoryShares Small Cap Free Cash Flow ETF 0.5 49 -20 6.9 -3.0
TTAC FCF US Quality ETF 0.5 59 -30 5.8 -4.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.5 64 -35 1.2 -8.7
DHS WisdomTree U.S. High Dividend Fund 0.5 38 -9 7.8 -2.1
EBI Longview Advantage ETF 0.5 35 -6 5.7 -4.2
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.5 7 22 5.1 -4.8
QQQS Invesco NASDAQ Future Gen 200 ETF 0.5 20 9 -3.3 -13.2
FEGE First Eagle Global Equity ETF 0.5 79 -50 5.8 -4.1
KOMP State Street SPDR S&P Kensho New Economies Composite ETF 0.5 20 9 0.8 -9.1
AUSF Global X Adaptive U.S. Factor ETF 0.5 27 2 7.8 -2.1
CVY Invesco Zacks Multi-Asset Income ETF 0.4 106 -77 9.6 -0.3
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.4 4 25 16.4 +6.5
BRNY Burney U.S. Factor Rotation ETF Burney U.S. Factor Rotation 0.4 79 -50 3.9 -6.0
SAGP Strategas Global Policy Opportunities ETF 0.4 65 -36 4.6 -5.3
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.4 95 -66 -0.6 -10.4
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.4 35 -6 2.8 -7.1
RCGE RockCreek Global Equality ETF 0.4 95 -66 5.7 -4.2
SLX VanEck Steel ETF 0.4 56 -27 10.0 +0.1
IWC iShares Micro-Cap ETF 0.4 60 -31 -1.3 -11.2
MOO VanEck Agribusiness ETF 0.4 53 -24 8.9 -1.0
STXM Strive Mid-Cap ETF 0.4 18 11 5.9 -3.9
DFAC Dimensional U.S. Core Equity 2 ETF 0.4 17 12 4.5 -5.4
CVAR Cultivar ETF 0.4 87 -58 6.7 -3.1
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.4 43 -14 4.6 -5.2
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.3 20 9 5.4 -4.4
IGE iShares North American Natural Resources ETF 0.3 41 -12 5.8 -4.1
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.3 29 0 5.4 -4.4
HWAY Themes US Infrastructure ETF 0.3 29 0 4.6 -5.3
JAVA JPMorgan Active Value ETF 0.3 44 -15 5.2 -4.7
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 4 4.7 -5.2
DFUV Dimensional US Marketwide Value ETF 0.3 22 7 5.8 -4.1
SCOW Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF 0.3 59 -30 7.5 -2.4
FNDB Schwab Fundamental US Broad Market Index ETF 0.3 25 4 5.9 -4.0
AFMC First Trust Active Factor Mid Cap ETF 0.3 65 -36 6.7 -3.2
VFMF Vanguard U.S. Multifactor ETF 0.3 18 11 6.2 -3.7
VLU State Street SPDR S&P 1500 Value Tilt ETF 0.3 12 17 6.0 -3.9
FTAG First Trust Indxx Global Agriculture ETF 0.3 70 -41 7.0 -2.8
ITAN Sparkline Intangible Value ETF 0.3 50 -21 5.5 -4.4
APUE ActivePassive U.S. Equity ETF 0.3 45 -16 3.8 -6.1
SCHM Schwab U.S. Mid-Cap ETF 0.3 4 25 5.7 -4.2
SDY State Street SPDR S&P Dividend ETF 0.3 35 -6 5.9 -4.0
VEGI iShares MSCI Agriculture Producers ETF 0.3 39 -10 7.6 -2.3
MCDS JPMorgan Fundamental Data Science Mid Core ETF 0.3 35 -6 4.6 -5.2
DFSU Dimensional US Sustainability Core 1 ETF 0.3 18 11 4.5 -5.4
DCOR Dimensional US Core Equity 1 ETF 0.3 14 15 4.4 -5.5
VBK Vanguard Small-Cap Growth ETF 0.3 7 22 1.2 -8.7
PRF Invesco FTSE RAFI US 1000 ETF 0.3 34 -5 5.4 -4.5
JHMM John Hancock Multifactor Mid Cap ETF 0.3 42 -13 5.2 -4.6
DEW WisdomTree Global High Dividend Fund 0.2 58 -29 6.9 -3.0
JVAL JPMorgan U.S. Value Factor ETF 0.2 12 17 6.5 -3.4
IWS iShares Russell Mid-Cap Value ETF 0.2 23 6 5.7 -4.2
ONEY State Street SPDR Russell 1000 Yield Focus ETF 0.2 20 9 8.3 -1.6
FDL First Trust Morningstar Dividend Leaders Index Fund 0.2 45 -16 8.8 -1.1
QUVU Hartford Quality Value ETF 0.2 46 -17 5.3 -4.6
AVUS Avantis U.S. Equity ETF 0.2 15 14 4.6 -5.3
FTRI First Trust Indxx Global Natural Resources Income ETF 0.2 70 -41 6.8 -3.1
HDUS Hartford Disciplined US Equity ETF 0.2 19 10 4.6 -5.3
JSTC Adasina Social Justice All Cap Global ETF 0.2 89 -60 4.2 -5.7
IWR iShares Russell Midcap ETF 0.2 19 10 5.1 -4.8
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.2 20 9 5.8 -4.1
CALF Pacer US Small Cap Cash Cows 100 ETF 0.2 59 -30 8.1 -1.8
DTD WisdomTree U.S. Total Dividend Fund 0.2 28 1 5.5 -4.4
FNDX Schwab Fundamental US Large Co. Index ETF 0.2 25 4 5.9 -3.9
OPTZ Optimize Strategy Index ETF 0.2 50 -21 3.3 -6.6
AVSU Avantis Responsible U.S. Equity ETF 0.2 15 14 4.7 -5.2
ENHU iShares Enhanced Large Cap Core Active ETF 0.1 22 7 4.0 -5.9
DFAU Dimensional US Core Equity Market ETF 0.1 12 17 4.2 -5.7
COPY Tweedy, Browne Insider + Value ETF 0.1 80 -51 14.0 +4.1
SXQG ETC 6 Meridian Quality Growth ETF 0.1 100 -71 2.9 -6.9
ONEV State Street SPDR Russell 1000 Low Volatility Focus ETF 0.1 20 9 7.0 -2.9
AVMV Avantis U.S. Mid Cap Value ETF 0.1 20 9 7.0 -2.9
REVS Columbia Research Enhanced Value ETF 0.1 19 10 6.3 -3.6
VYM Vanguard High Dividend Yield Index ETF 0.1 6 23 5.9 -4.0
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.1 12 17 3.8 -6.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 26 4.0 -5.9
OCEN IQ Clean Oceans ETF 0.1 45 -16 4.6 -5.3
PFM Invesco Dividend Achievers ETF 0.1 53 -24 4.5 -5.3
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.1 3 26 4.2 -5.6
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 12 6.2 -3.7
DFUS Dimensional U.S. Equity ETF 0.1 9 20 4.0 -5.9
VTI Vanguard Total Stock Market ETF 0.1 3 26 4.0 -5.9
VTHR Vanguard Russell 3000 ETF 0.1 7 22 4.0 -5.9
IWV iShares Russell 3000 ETF 0.1 20 9 3.9 -6.0
SCHB Schwab U.S. Broad Market ETF 0.1 3 26 4.1 -5.8
AVMC Avantis U.S. Mid Cap Equity ETF 0.1 18 11 5.8 -4.0
INRO iShares U.S. Industry Rotation Active ETF 0.1 42 -13 3.4 -6.4
VIG Vanguard Dividend Appreciation ETF 0.1 5 24 4.8 -5.1
SFGV Sequoia Global Value ETF 0.1 23 6 6.9 -3.0
TEXN iShares Texas Equity ETF 0.1 20 9 5.1 -4.8
IUS Invesco RAFI Strategic US ETF 0.1 19 10 5.3 -4.6
CCSO Carbon Collective Climate Solutions US Equity ETF 0.1 35 -6 0.9 -8.9
SPDG State Street SPDR Portfolio S&P Sector Neutral Dividend ETF 0.1 5 24 7.2 -2.6
FBCG Fidelity Blue Chip Growth ETF 0.1 59 -30 2.2 -7.7
GNR SPDR S&P Global Natural Resources ETF 0.1 40 -11 8.4 -1.5
STXV Strive 1000 Value ETF 0.1 18 11 6.6 -3.3
GVUS Marketbeta Russell 1000 Value Equity ETF 0.1 12 17 5.1 -4.8
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 20 4.0 -5.9
VONV Vanguard Russell 1000 Value ETF 0.1 7 22 5.1 -4.8
IWD iShares Russell 1000 Value ETF 0.1 19 10 5.0 -4.9
VT Vanguard Total World Stock ETF 0.1 6 23 4.9 -5.0
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 8 2.9 -7.0
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 14 4.1 -5.8
TXS Texas Capital Texas Equity Index ETF 0.1 49 -20 4.8 -5.0
VFQY Vanguard U.S. Quality Factor ETF 0.1 13 16 5.2 -4.7
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -46 3.1 -6.7
RECS Columbia Research Enhanced Core ETF 0.1 15 14 5.2 -4.7
DIVB iShares Core Dividend ETF 0.0 5 24 6.4 -3.5
SCHK Schwab 1000 Index ETF 0.0 5 24 4.1 -5.7
FELV Fidelity Enhanced Large Cap Value ETF 0.0 18 11 5.2 -4.7
RAFE PIMCO RAFI ESG U.S. ETF 0.0 29 0 5.9 -4.0
IYY iShares Dow Jones U.S. ETF 0.0 20 9 4.0 -5.9
VONE Vanguard Russell 1000 ETF 0.0 7 22 4.1 -5.8
IWB iShares Russell 1000 ETF 0.0 15 14 4.0 -5.8
MNZL Manzil Russell Halal USA Broad MarketETF 0.0 40 -11 3.8 -6.1
AVUQ Avantis U.S. Quality ETF 0.0 15 14 3.6 -6.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 18 4.0 -5.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 20 4.7 -5.1
SCHV Schwab U.S. Large-Cap Value ETF 0.0 4 25 5.4 -4.4
RAUS RACWI US ETF 0.0 15 14 4.0 -5.9
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 15 4.0 -5.8
DSI iShares MSCI KLD 400 Social ETF 0.0 25 4 4.0 -5.9
SCHX Schwab U.S. Large-Cap ETF 0.0 3 26 4.2 -5.7
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.0 20 9 4.1 -5.8
DGRO iShares Core Dividend Growth ETF 0.0 8 21 5.3 -4.6
FMDE Fidelity Enhanced Mid Cap ETF 0.0 23 6 5.1 -4.8
ACVF American Conservative Values ETF 0.0 75 -46 3.6 -6.3

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

  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 Materials 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 19.3 %
Divided by: Fwd. P/BV 1.9 x
Less: Expense ratio 29 bp
Equals: ALTAR Score 9.9 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.59 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.