EQUL
IQ Engender Equality ETF
EQUL tracks an equal-weighted index of 75 large-cap US stocks with the highest gender diversity scores. Holdings are screened for various ESG factors.
Fund Basics
Fund sponsor | New York Life |
Category | US Equities |
Asset class | Equity |
Website | link... |
Inception date | Oct 21, 2021 |
Assets (mns) | $7 |
Expense ratio | 45 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Principles-based |
Weighting | Equal |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | No |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
META PLATFORMS INC | 1.9 % |
ORGANON & CO. | 1.7 % |
UBER TECHNOLOGIES, INC. | 1.6 % |
DOORDASH, INC. CLASS A | 1.6 % |
AMERICAN EXPRESS CO | 1.5 % |
SALESFORCE.COM INC | 1.5 % |
MERCK & CO. INC. | 1.5 % |
BOSTON SCIENTIFIC CORP | 1.5 % |
AMERISOURCEBERGEN CORP | 1.5 % |
WEX INC | 1.5 % |
Constituent Breakdown
Number of holdings | 76 |
Herfindahl-Hirschman Index | 134 |
Wgt avg mkt cap (mns) | $160,866 |
Large cap (>$10bn) | 91.4% |
Mid cap ($2-10bn) | 8.6% |
Small cap (<$2bn) | 0.0% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 97.0 % | |
BRITAIN | 1.4 % | |
IRELAND | 1.4 % |
Historical Performance
Standardized Annual Returns (as of 03/31/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
---|---|---|---|---|---|---|
8.0% | 17.7% | 6.4% | -- | -- | -- | 3.0% |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.00 | 89% |
MSCI EAFE | 1.02 | 87% |
MSCI Emg Mkts | 0.77 | 54% |
Liquidity Measures
Avg. volume (000) | 0 |
Turnover | 0.0% |
Avg. Bid/Ask (% of price) | 0.20% |
ADV of underlying (mns) | $45,339 |
Technical Indicators
Recent close | $24.65 |
30d moving avg. | $22.03 |
Annualized volatility | 20.4% |
Relative strength (RSI) | 79 |
Short interest (ETF) | 0.0% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. EQUL |
Expenses vs. EQUL |
ALTAR Score™ vs. EQUL |
---|---|---|---|---|
WOMN | Impact Shares YWCA Women's Empowerment ETF | 32.0% | +30 bp | -1.9% |
EQWL | Invesco S&P 100 Equal Weight ETF | 27.1% | -20 bp | -0.1% |
RAFE | PIMCO RAFI ESG U.S. ETF | 25.0% | -16 bp | +0.4% |
SHE | SPDR MSCI USA Gender Diversity ETF | 23.6% | -25 bp | -1.9% |
RSPE | Invesco ESG S&P 500 Equal Weight ETF | 23.5% | -25 bp | -0.4% |
EVUS | iShares ESG Aware MSCI USA Value ETF | 23.3% | -27 bp | -0.1% |
SUSA | iShares MSCI USA ESG Select ETF | 23.2% | -20 bp | -1.5% |
ESG | FlexShares Trust FlexShares STOXX US ESG Select Index Fund | 22.7% | -13 bp | -1.6% |
MOTE | VanEck Morningstar ESG Moat ETF | 22.7% | +4 bp | -1.7% |
ESMV | iShares ESG MSCI USA Min Vol Factor ETF | 22.6% | -27 bp | -0.5% |
Risk and Returns: EQUL vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 5/1/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
EQUL
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
EQUL
6.9%
Cat. Avg
5.9%
Fund Category: US Equities
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 6.9% |
Recommendation
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
Category Overview
There are 887 funds in the US Equities category, with an average ALTAR Score™
of 5.9% and a standard deviation of
2.7%. EQUL's ALTAR Score™ is approximately
0.4 standard deviations
above
the category average. This places EQUL in the 64th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
EQUL
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
Latest price | |
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Today's Trading
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Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
EQUL | 45.0 | 19.7 | 64.7 |
Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .