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
CSB	VictoryShares US SmCp Hi Div Vol Wtd ETF	$69,527,580	0.35%	102	100.00%	0.35%	94.60%	95	93	45	11	33
FYT	First Trust Small Cap Value AlphaDEX Fund	$43,844,520	0.72%	262	100.00%	0.72%	84.39%	94	98	14	6	4
CALF	Pacer US Small Cap Cash Cows 100 ETF	$23,344,260	0.59%	101	100.00%	0.59%	94.62%	97	95	19	12	6
XSVM	Invesco S&P SmallCap Value with Momentum ETF	$58,244,930	0.39%	122	100.00%	0.39%	93.45%	97	98	15	15	9
RZV	Invesco - Guggenheim (Rydex) S&P SmallCap 600 Pure Value ETF	$86,010,140	0.35%	146	100.00%	0.35%	95.01%	99	99	7	3	6
RFV	Invesco - Guggenheim (Rydex) S&P MidCap 400 Pure Value ETF	$53,846,180	0.40%	86	99.99%	0.40%	96.12%	86	95	6	9	7
JKL	iShares Morningstar Small Value Index Fund ETF	$251,628,800	0.30%	244	99.66%	0.30%	89.03%	83	92	17	7	11
PID	Invesco Intl Dividend Achievers ETF	$432,261,500	0.54%	60	99.57%	0.54%	99.90%	32	90	44	7	58
FNK	First Trust Mid Cap Value AlphaDEX Fund	$34,361,830	0.70%	226	99.02%	0.71%	91.14%	79	96	27	4	7
XMVM	Invesco S&P MidCap Value with Momentum ETF	$43,083,030	0.39%	80	98.94%	0.39%	95.24%	77	95	18	45	17
FOVL	iShares Focused Value Factor ETF	$19,645,230	0.20%	38	98.50%	0.20%	99.90%	67	99	18	15	37
QVAL	Alpha Architect ValueShares U.S. Quantitative Value ETF	$102,079,200	0.49%	41	98.01%	0.50%	98.95%	66	97	62	43	25
DEEP	Roundhill Acquirers Deep Value ETF	$19,666,350	0.59%	21	97.79%	0.60%	99.67%	54	99	87	78	30
OMFL	Invesco Russell 1000 Dynamic Multifactor ETF	$1,165,870,000	0.29%	355	96.74%	0.30%	97.42%	73	90	26	23	19
PMOM	Principal Sustainable Momentum ETF	$4,199,597	0.29%	137	95.30%	0.30%	99.47%	68	91	13	2	6
RDIV	Invesco S&P Ultra Dividend Revenue ETF	$621,365,000	0.39%	53	94.98%	0.41%	99.54%	49	98	19	3	22
CVY	Invesco Zacks Multi-Asset Income ETF	$98,982,300	0.97%	151	94.16%	1.03%	96.66%	62	97	34	34	27
ONEY	SPDR Russell 1000 Yield Focus ETF	$340,915,100	0.20%	288	93.63%	0.21%	99.87%	66	90	33	13	31
PEY	Invesco Dividend Achievers ETF	$629,432,300	0.53%	52	93.02%	0.57%	99.26%	52	91	29	3	54
QVM	Arrow QVM Equity Factor ETF	$2,010,067	0.65%	51	92.66%	0.70%	99.40%	45	93	86	54	30
SYLD	Cambria Shareholder Yield ETF	$56,818,090	0.59%	101	91.37%	0.65%	98.05%	55	97	21	18	10
PVAL	Principal Contrarian Value ETF	$3,241,319	0.29%	256	90.28%	0.32%	97.39%	65	91	9	2	8
SPVU	Invesco S&P 500 Enhanced Value Portfolio	$69,547,790	0.39%	101	89.91%	0.43%	99.78%	41	99	26	17	37
RPV	Invesco - Guggenheim (Rydex) S&P 500 Pure Value ETF	$543,708,500	0.35%	105	88.50%	0.40%	100.00%	47	97	10	10	28
VLUE	iShares MSCI USA Value Factor ETF	$5,481,802,000	0.15%	155	85.81%	0.17%	99.55%	41	91	41	40	50
CDC	VictoryShares US EQ Inc Enh Vol Wtd ETF	$555,690,700	0.35%	102	84.88%	0.41%	99.95%	43	94	70	60	84
SPVM	Invesco S&P 500 Value with Momentum ETF	$37,501,330	0.39%	102	84.33%	0.46%	99.78%	39	93	37	39	47
FAB	First Trust Multi Cap Value AlphaDEX Fund	$56,148,170	0.71%	675	82.66%	0.86%	82.38%	73	95	27	11	10