“The fund’s price to book is 1.64 times, with a P/E of 12.92 and has an expected 3 to 5 year earnings growth rate of 13.50%. Distributions are quarterly; the current dividend yield is 1.57%. This is well short of the index yield of 2.66%, however, the entire Russell 1000 value fund is far more comprehensive, with nearly 700 companies. The fund has selected only 50 companies from those in Russell Value index,” according to a Seeking Alpha post.
SYV allocates just over 29% of its weight to financial services stocks while health care, energy and consumer discretionary names combine for nearly 39% of the ETF’s weight. Eight of SYV’s top 10 holdings hail from those sectors with the two outliers being industrial stocks.
SYV charges 0.6% per year, or $60 per $10,000 invested, which is fairly reasonable among equity-based actively managed ETFs.
SPDR MFS Systematic Value Equity ETF
