QARP
Xtrackers Russell 1000 US Quality at a Reasonable Price ETF
QARP tracks and index of US large-cap companies, selected and weighted based upon a combination of quality and value metrics. Quality metrics are given greater weight.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
65.7 M
ASSETS UNDER MGMT
19 bp
EXPENSES
Fund Basics
| Fund sponsor | Deutsche Bank |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Apr 04, 2018 |
| Assets (mns) | $66 |
| Expense ratio | 19 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Fundamental |
| Weighting | Fundamental |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| BERKSHIRE HATHAWAY INC-CL B | 5.3 % |
| APPLE INC | 5.1 % |
| META PLATFORMS INC | 4.5 % |
| AMAZON.COM INC | 3.8 % |
| EXXON MOBIL CORP | 3.4 % |
| JOHNSON & JOHNSON | 2.7 % |
| WAL-MART STORES INC | 2.6 % |
| ALPHABET INC. CLASS A | 2.4 % |
| UNITEDHEALTH GROUP INC | 2.4 % |
| COSTCO WHOLESALE CORP | 2.2 % |
Constituent Breakdown
| Number of holdings | 351 |
| Herfindahl-Hirschman Index | 178 |
| Wgt avg mkt cap (mns) | $753,892 |
| Large cap (>$10bn) | 97.8% |
| Mid cap ($2-10bn) | 1.8% |
| Small cap (<$2bn) | 0.1% |
| Developed mkts. | 99.9% |
| Emerging mkts. | 0.1% |
Country Exposure
 |
UNITED STATES | 97.6 % |
 |
IRELAND | 1.8 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 23.4% | 28.9% | 20.1% | 11.1% | 15.1% | -- | 14.6% | Volatility | 10.6% | 10.8% | 13.3% | 16.8% | 22.5% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.95 | 97% |
| MSCI EAFE | 0.84 | 75% |
| MSCI Emg Mkts | 0.61 | 39% |
Liquidity Measures
| Avg. volume (000) | 6 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.11% |
| ADV of underlying (mns) | $184,884 |
Technical Indicators
| Recent close | $52.53 |
| 30d moving avg. | $54.12 |
| Annualized volatility | 16.8% |
| Relative strength (RSI) | 50 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 1.5% |
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. QARP |
Expenses vs. QARP |
ALTAR Score™ vs. QARP |
|---|---|---|---|---|
| IUS | Invesco RAFI Strategic US ETF | 59.9% | 0 bp | +0.7% |
| ESG | FlexShares Trust FlexShares STOXX US ESG Select Index Fund | 56.6% | +13 bp | -1.5% |
| OMFL | Invesco Russell 1000 Dynamic Multifactor ETF | 54.3% | +10 bp | -2.0% |
| DFVX | Dimensional US Large Cap Vector ETF | 54.2% | +3 bp | +0.1% |
| EPS | WisdomTree U.S. LargeCap Fund | 54.0% | -11 bp | -0.3% |
| FNDX | Schwab Fundamental US Large Co. Index ETF | 53.2% | +6 bp | +0.8% |
| QUS | SPDR MSCI USA StrategicFactors ETF | 52.0% | -4 bp | -0.3% |
| ILCV | iShares Morningstar Value ETF | 52.0% | -15 bp | +0.1% |
| GSLC | Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | 51.7% | -10 bp | -0.8% |
| VSLU | Applied Finance Valuation Large Cap ETF | 51.7% | +30 bp | -0.7% |
Risk and Returns: QARP 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 12/18/2024
Peer Group Comparison Sample data. Subscribe for access.
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
QARP
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 Rating
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.
ALTAR Score™
QARP
6.3%
Cat. Avg
5.7%
ALTAR Score™ Calculation
Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™
of 5.7% and a standard deviation of
2.6%. QARP's ALTAR Score™ is approximately
0.3 standard deviations
above
the category average. This places QARP in the 61st percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
QARPSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| QARP (19 bp) Percentile rank | 20 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| QARP | 19.0 | 10.9 | 29.9 |
| Peer Avg. | 37.3 | 15.0 | 52.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .