IDU(IDU)
AI Look-Through Summary
AI GeneratedThe portfolio is heavily concentrated in the Utilities sector, which accounts for nearly half of its holdings, with Industrials making up a relatively small portion. The top five holdings are all major utility companies, led by NextEra Energy (NEE) at 11.5% of the portfolio's weight. This suggests that the fund is positioned to benefit from a stable and predictable income stream, which is characteristic of the utilities sector.
The market-cap profile of the fund is not explicitly provided, but given its top holdings, it appears to be skewed towards large-cap companies. The weighted P/E and P/B ratios indicate that the portfolio has a moderate valuation posture compared to the broader market. A stable economic environment with low interest rates would likely be favorable for this portfolio, as it would allow utility companies to maintain their profit margins and dividend payments. Conversely, a recession or significant increase in interest rates could put pressure on the fund's performance.
Generated by Qwen-32B from constituent-level data. Not investment advice. Updated: 2026-07-06 09:37:12.04403+00
🔍 Theme Alignment Audit
AI GeneratedPurity: 95/100The investment theme implied by the IDU ticker and its market positioning aligns exceptionally well with the actual portfolio composition, as the fund is overwhelmingly concentrated within the utilities sector. The top ten holdings consist almost entirely of major utility companies, reinforcing a clear focus on regulated energy infrastructure rather than broader industrial or technology themes often associated with similar capital-intensive sectors. There are no significant deviations where unrelated industries dilute the thematic purity; even the single holding in industrials represents a minor diversification that does not obscure the primary objective of exposure to power generation and distribution assets.
Sector coherence is high, with utilities accounting for nearly half of the total portfolio weight while maintaining distinct separation from other market segments. The concentration risk profile indicates a deliberate strategy targeting specific utility leaders rather than mirroring broad-market index behavior, as evidenced by the heavy weighting in established players like NextEra Energy and Southern Company compared to diversified industrial peers. This structure suggests the fund is designed for investors seeking targeted exposure to the energy transition narrative within regulated utilities, offering a differentiated return profile that relies on sector-specific dynamics rather than general market beta.
AI analysis of holdings alignment vs fund theme. Not investment advice. Updated: 2026-05-23 01:11:39.273574+00
🏢 Sector Analysis
AI GeneratedThe IDU ETF exhibits a highly concentrated sector allocation dominated by utilities, which account for nearly half of the portfolio at 48.2%. This heavy weighting suggests an investment thesis centered on stable cash flows and regulated returns typically associated with utility infrastructure rather than broad market exposure or growth-oriented sectors. The top five holdings are almost exclusively drawn from this single industry, with four major players alone comprising over 30% of total assets, indicating a deliberate focus on large-cap, established entities within the power generation and distribution space. This structure implies that performance will be tightly correlated with commodity prices like natural gas or electricity rates, as well as regulatory decisions affecting the utility sector, while offering limited diversification benefits from other economic drivers.
Significant concentration risk is evident given that the top ten holdings represent more than 53% of the fund's assets, creating a scenario where idiosyncratic events within these specific companies could disproportionately impact overall returns. The inclusion of only one industrial holding among the largest positions further underscores the narrow scope of this strategy, effectively isolating it from broader manufacturing or capital goods trends that might influence other utility-adjacent equities. While the presence of a single industrials holding provides a minor thematic link to infrastructure spending, its 5.1% weight is insufficient to materially alter the fund's primary risk profile. Consequently, the portfolio appears designed for investors seeking specific exposure to regulated asset classes rather than those prioritizing sector diversification or factor tilts toward value or momentum across multiple industries.
AI-generated sector analysis from constituent-level data. Not investment advice. Updated: 2026-05-20 13:42:48.335152+00
Flow Driver Analysis
2-Step CircleWhich larger ETFs share IDU's holdings — and mechanically drive its price through index rebalancing flows?
Approximately 100% of IDU's weight flows through these larger ETFs
| Driver ETF | AUM | Expense | Shared Stocks | Weight Overlap |
|---|---|---|---|---|
| VTVVanguard Value Index Fund ETF Shares | $229B | — | 10 | 52.6% |
| ONEOONEO | $25M | — | 10 | 52.6% |
| VONEVONE | $10B | — | 10 | 52.6% |
| IVViShares Core S&P 500 ETF | $762B | 0.03% | 10 | 52.6% |
| ITOTiShares Core S&P Total U.S. Stock Market ETF | $80B | — | 10 | 52.6% |
53% of IDU's portfolio by weight is also held by VTV, which commands 139× more assets under management. When VTV receives inflows, it mechanically buys these shared stocks — dragging IDU's NAV along regardless of any thematic or sector catalyst. Combined, the top 5 overlapping ETFs control exposure to 100% ofIDU's weight.
Overlap computed from constituent-level holdings data across 5 ETFs. Price co-movement with driver ETFs is structural, not coincidental. Not investment advice.
ETF Look-Through Dashboard
Peer through the ETF wrapper to see exactly what you own. Every metric is computed from constituent-level data.
Herfindahl-Hirschman Concentration Index
Morningstar-Style Box
Sector & Cap Explorer
ETF Fundamental Radar
Operational health is mixed, with the bulk of weight in the mid-range (4–6) Piotroski scores.
Piotroski F-Score (Operational Health)
Score 0-9: Measures Profitability, Leverage, and Efficiency
Based on 53% of fund weight with Piotroski data.
Computed by rolling up individual stock Piotroski F-Scores, Altman Z-Scores, and Beneish M-Scores weighted by each constituent's allocation.
Dividend Safety True-Up
DeterministicThe dividend-paying companies inside IDU collectively pay out 88% of their Free Cash Flow to maintain the current yield. This is stretched — a prolonged earnings slump could force constituent companies to cut dividends. Based on 26% of fund weight in dividend-paying stocks.
FCF Payout Ratio = Dividends Paid / Free Cash Flow, weighted by constituent allocation. Not investment advice.
Earnings vs. Price Decomposition
ProprietaryIDU is up 12.4% over the last 12 months. The underlying weighted earnings growth of its constituents is -1.5%. The remaining +13.9% of performance is driven by multiple expansion (P/E inflation) — prices rose faster than earnings grew.
Earnings growth = weighted average YoY EPS growth of all constituents (capped at ±500% to limit outlier distortion). Based on 53% of fund weight with earnings data. Not investment advice.
Value Creation Map
ROIC vs WACCWhat percentage of IDU's weight is allocated to companies that create economic value (ROIC > WACC) vs. destroy it?
Of IDU's analyzed weight, 9% is invested in companies earning more than their cost of capital — genuine value creators. The remaining 91% consists of companies whose ROIC falls below their WACC, effectively destroying shareholder value with every dollar invested.
ROIC-WACC spread for 53% of fund weight with available data. Not investment advice.
Concentration Risk Monitor
ELEVATEDIDU's top holding NEE at 11.5% is above the 8% elevated-concentration threshold. The effective number of stocks is 30 vs. the actual count of 10.
Effective # of Stocks = 1 / HHI (Herfindahl-Hirschman Index). Variance share approximated as w² / Σw². Not investment advice.
Passive Crowding Score
MODERATEHow much of each constituent's market cap is structurally locked in passive ETFs — a proxy for liquidity fragility during sell-offs.
IDU has a Passive Crowding Score of 47/100. On average, 14.0% of the market capitalization of IDU's underlying holdings is structurally locked in passive ETF vehicles. This indicates moderate passive ownership density. Index rebalances and ETF creation/redemption activity can amplify short-term volatility in the underlying holdings.
Passive $ = Σ(ETF AUM × holding weight) across all 30 tracked ETFs. Actual passive ownership is higher (includes mutual funds, pension funds). Not investment advice.
Under the Hood — Top 10 Constituents
| # | Ticker | Company | Weight | P/E | F-Score |
|---|---|---|---|---|---|
| 1 | NEE | NextEra Energy Inc Utilities | 11.47% | 22.4x | 5/9 |
| 2 | SO | Southern Co Utilities | 6.41% | 25.1x | 4/9 |
| 3 | DUK | Duke Energy Corp Utilities | 6.03% | 19.9x | 7/9 |
| 4 | CEG | Constellation Energy Corp Utilities | 5.67% | 20.8x | 6/9 |
| 5 | WM | Waste Management Inc Industrials | 4.94% | 33.3x | 8/9 |
| 6 | AEP | American Electric Power Co Inc Utilities | 4.28% | 20.5x | 5/9 |
| 7 | SRE | Sempra Utilities | 3.68% | 31.7x | 6/9 |
| 8 | D | Dominion Energy Inc Utilities | 3.61% | 20.6x | 7/9 |
| 9 | VST | Vistra Corp Utilities | 3.43% | 25.3x | 4/9 |
| 10 | ETR | Entergy Corp Utilities | 3.08% | 29.3x | 6/9 |
Historical Holdings Snapshots
Browse how IDU’s holdings have changed across SEC filing dates. Showing top holdings per snapshot.
2026-07-06
10 holdings · 52.6% tracked weight2026-07-05
10 holdings · 52.6% tracked weight2026-07-04
10 holdings · 52.6% tracked weight2026-07-03
10 holdings · 52.6% tracked weight2026-07-02
10 holdings · 52.6% tracked weightSource: SEC filings and fund provider disclosures. Shows last 6 snapshot dates, top 15 holdings per date by weight.
Risk Profile
Sharpe = risk-adjusted return (higher is better). Computed from 1,200+ trading days with 5% risk-free rate.
Price Chart with Moving Averages
What Drove IDU Today?
Daily return attribution — which holdings contributed most (and least) to the fund's move.
Technical Setup
AI GeneratedThe current price of $113.59 for IDU establishes a baseline from which short-term momentum and trend alignment can be evaluated, though specific moving average positions are not provided in the available dataset to confirm whether the asset is trading above or below its key averages without further data points. In the absence of explicit RSI values or historical price action relative to these benchmarks, any assessment of immediate bullish or bearish pressure remains theoretical rather than factually derived from the supplied figures. A complete technical picture typically requires observing if the current level sustains against dynamic support lines and whether momentum oscillators indicate overbought or oversold conditions that might signal a potential reversal or continuation. Without concrete indicators such as the direction of the 50-day or 200-day moving averages, it is impossible to definitively state if the prevailing trend supports upward movement or suggests downward pressure based solely on this single price data point. Similarly, while RSI is often used to gauge short-term velocity and potential exhaustion in a trade, its specific reading here is unknown, leaving the status of immediate momentum ambiguous. Analysts would need additional context regarding recent volatility, volume profiles, and precise oscillator readings before forming a view on whether the asset exhibits strong directional strength or faces resistance that could limit further gains near this $113.59 level.
Underwater (Drawdown from Peak)
How far below the all-time high the price has been over time. Deeper = more pain for holders.
Rolling 60-Day Beta vs S&P 500 (VOO)
How the ETF's sensitivity to market moves changes over time. β > 1 = more volatile than the market.
Yield & Income
Sector Drift Over Time
How IDU’s sector allocation has shifted across snapshots. Use the slider to travel through time.
Active Conviction Tracker
Shares bought and sold between the latest two data snapshots — reveals what the fund manager is actually doing.
Explore More
Quant metrics computed deterministically from financial statements and price data. Updated: 2026-07-02.
SecuritiesDB is for informational purposes only. Not investment advice.