Highest Active Share Value ETFs

The value exposure indicates how cheap the holdings of the ETF are relative to all other ETFs using a series of value metrics. Each ETF is evaluated using the PE Ratio, Price/Sales, Price/Book, Price/Cash Flow, EV/EBITDA and Shareholder Yield. The combined score is calculated using a combination of all the metrics.

Active share shows you how different an ETF is from a benchmark index. Being different is not necessarily good or bad, but anything that is different from a benchmark can be expected to produce a very different return stream. Active share is calculated by comparing the holdings of an ETF and the holdings of the benchmark. It does this by looking at the holdings that are in the ETF, but not in the benchmark, the holdings that are in the benchmark, but not in the ETF, and the differences in position weights for the holdings they both have in common. Active share can range from 0% to 100%. An ETF with an active share of 0% has the same holdings as the benchmark, held at the same weights, while an ETF with an active share of 100% has no holdings in common with the benchmark and is completely different.

ETFs with High Value Exposure and High Active Share

Ticker	ETF Name	Total Assets	Expense Ratio	Total Holdings	Active Share vs. S&P 500	Active Fee	Active Share vs. Russell 2000	Size Exposure	Value Exposure	Quality Exposure	Momentum Exposure	Low Volatility Exposure
SVAL	iShares US Small Cap Value Factor ETF	$41,829,920	0.20%	253	100.00%	0.20%	85.13%	97	97	30	26	29
RZV	Invesco - Guggenheim (Rydex) S&P SmallCap 600 Pure Value ETF	$163,059,700	0.35%	166	100.00%	0.35%	93.66%	98	99	14	4	11
XSVM	Invesco S&P SmallCap Value with Momentum ETF	$109,576,200	0.39%	121	100.00%	0.39%	93.77%	96	98	17	45	11
XSHD	Invesco S & P SmCp Hi Div Low Volatil ETF	$23,843,420	0.30%	60	100.00%	0.30%	97.03%	97	92	20	3	41
XMVM	Invesco S&P MidCap Value with Momentum ETF	$56,240,600	0.39%	82	100.00%	0.39%	95.06%	79	97	31	39	23
DGRS	WisdomTree U.S. SmallCap Quality Dividend Growth ETF	$126,558,200	0.38%	217	100.00%	0.38%	90.39%	95	94	61	22	50
DES	WisdomTree U.S. SmallCap Dividend ETF	$1,523,028,000	0.38%	588	100.00%	0.38%	80.77%	98	92	39	14	47
DEEP	Roundhill Deep Value ETF	$32,334,070	0.80%	101	100.00%	0.80%	96.48%	99	99	57	23	43
CSB	VictoryShares US SmCp Hi Div Vol Wtd ETF	$4,771,007	0.35%	102	100.00%	0.35%	94.73%	93	95	28	7	19
FDM	First Trust Dow Jones Select MicroCap Index Fund	$131,501,900	0.60%	155	100.00%	0.60%	98.07%	99	93	46	15	34
ROSC	Hartford Multifactor Small Cap ETF	$7,857,788	0.34%	346	100.00%	0.34%	85.50%	95	93	47	28	40
RFV	Invesco - Guggenheim (Rydex) S&P MidCap 400 Pure Value ETF	$65,606,220	0.35%	110	100.00%	0.35%	94.41%	83	99	22	12	23
FYT	First Trust Small Cap Value AlphaDEX Fund	$154,326,300	0.70%	263	100.00%	0.70%	84.09%	91	98	38	14	31
CALF	Pacer US Small Cap Cash Cows 100 ETF	$77,314,680	0.59%	101	100.00%	0.59%	95.19%	97	98	31	32	8
FNK	First Trust Mid Cap Value AlphaDEX Fund	$56,551,850	0.70%	226	98.76%	0.71%	93.25%	75	98	45	12	38
DVLU	First Trust Dorsey Wright Momt & Val ETF	$17,381,550	0.60%	51	96.60%	0.62%	98.62%	58	92	53	63	16
ZIG	The Acquirer's ETF	$25,909,470	0.94%	30	96.30%	0.98%	100.00%	41	96	73	94	56
FOVL	iShares Focused Value Factor ETF	$27,959,860	0.25%	41	96.23%	0.26%	99.87%	59	97	27	34	33
RDIV	Invesco S&P Ultra Dividend Revenue ETF	$614,173,200	0.39%	61	96.18%	0.41%	99.27%	55	97	15	6	28
DIV	Global X SuperDividend US ETF	$496,469,100	0.46%	43	96.13%	0.48%	99.37%	69	94	32	7	57
QVAL	Alpha Architect ValueShares U.S. Quantitative Value ETF	$131,760,000	0.49%	51	95.17%	0.51%	98.88%	58	98	67	61	46
PEY	Invesco Dividend Achievers ETF	$734,603,700	0.52%	52	93.93%	0.55%	99.49%	50	94	34	4	68
COWZ	Pacer US Cash Cows 100 ETF	$259,868,300	0.49%	100	93.33%	0.53%	99.87%	57	94	49	18	46
JKI	iShares Morningstar Mid Value Index Fund ETF	$400,025,500	0.30%	173	92.74%	0.32%	98.68%	55	91	19	11	40
SYLD	Cambria Shareholder Yield ETF	$88,745,540	0.59%	101	92.28%	0.64%	98.32%	53	96	23	26	16
SPHD	Invesco S&P 500 High Div Portfolio ETF	$2,539,441,000	0.30%	51	91.64%	0.33%	99.99%	42	91	37	10	70
FDL	First Trust Morningstar Dividend Leaders Index Fund	$1,423,677,000	0.45%	96	91.55%	0.49%	98.19%	45	91	67	6	87
SPYD	SPDR Portfolio S&P 500 High Dividend ETF	$2,260,493,000	0.07%	80	89.91%	0.08%	99.92%	45	92	39	10	39
SPVU	Invesco S&P 500 Enhanced Value Portfolio	$86,336,060	0.13%	101	88.80%	0.15%	99.96%	36	99	26	19	54
VTRN	VictoryShares Top Veteran Employers ETF	$38,434	0.60%	50	88.31%	0.68%	99.92%	24	91	47	32	76
DVY	iShares Dow Jones Select Dividend Index Fund ETF	$15,114,450,000	0.39%	104	86.77%	0.45%	98.98%	45	93	44	11	58
SPVM	Invesco S&P 500 Value with Momentum ETF	$36,551,220	0.39%	102	86.57%	0.45%	99.95%	41	95	43	39	67
RPV	Invesco - Guggenheim (Rydex) S&P 500 Pure Value ETF	$1,074,265,000	0.35%	125	86.43%	0.40%	99.86%	44	99	21	13	39
CDL	VictoryShares US LgCp Hi Div Vol Wtd ETF	$3,703,877	0.35%	102	85.19%	0.41%	100.00%	36	95	43	15	64
VLUE	iShares MSCI USA Value Factor ETF	$10,125,380,000	0.15%	154	84.60%	0.18%	99.66%	37	94	46	33	58