SLYV(SLYV)
AI Look-Through Summary
AI GeneratedThe portfolio's sector allocation is heavily skewed towards Other sectors, which comprise nearly two-thirds of its holdings, indicating a broad and diversified exposure to various industries. The Financial Services sector is also notable, although it represents only about 6.5% of the fund's weight. In contrast, more traditional sectors like Technology, Consumer Cyclical, Industrials, and Healthcare have relatively smaller allocations.
The top holdings are concentrated in mid-cap companies with a mix of cyclical and defensive characteristics. Mohawk Industries (MOH) is the largest holding, but its 1.3% allocation suggests that no single stock dominates the portfolio. The weighted P/E ratio of 16.5x indicates a moderate valuation posture, while the weighted P/B ratio of 1.62x suggests that the fund's holdings are trading at a premium to their book value. Overall, this portfolio would likely benefit from a stable economic environment with modest growth and low interest rates.
Generated by Qwen-32B from constituent-level data. Not investment advice. Updated: 2026-07-14 09:13:53.362884+00
🔍 Theme Alignment Audit
AI GeneratedPurity: 25/100The investment theme implied by the ticker SLYV, which typically denotes a strategy focused on small-cap value stocks with low volatility, appears significantly misaligned with the provided holdings data. The top ten positions collectively represent only 8.9% of assets under management and include companies spanning diverse sectors such as healthcare, communication services, basic materials, and technology without any clear thematic cohesion beyond size metrics. Notably, several major constituents are listed with "N/A" sector classifications or belong to broad categories that do not inherently suggest a specific low-volatility value strategy, indicating the fund may be relying on general small-cap exposure rather than a distinct factor-based approach. The presence of these varied holdings suggests the portfolio construction prioritizes size and valuation factors over industry concentration, resulting in a lack of obvious thematic focus that would justify a name implying a narrow investment universe.
Sector coherence is further challenged by the distribution weights, where financial services alone account for 6.0% while technology and healthcare remain relatively modest at under 5%. This broad dispersion across eleven different sectors means the fund lacks the concentrated exposure often associated with specialized thematic strategies, effectively behaving more like a diversified small-cap index than a focused vehicle. The inclusion of real estate and energy alongside industrials and consumer cyclical stocks demonstrates an attempt to capture value characteristics broadly rather than isolating specific high-quality or low-volatility drivers within single industries. Consequently, the portfolio appears genuinely differentiated from broad market indices primarily through its emphasis on smaller market capitalizations and value metrics, yet this differentiation comes at the cost of thematic clarity, leaving investors with a generalized small-cap exposure that may not align with expectations set by the fund's nomenclature.
AI analysis of holdings alignment vs fund theme. Not investment advice. Updated: 2026-05-24 13:22:02.513434+00
🏢 Sector Analysis
AI GeneratedThe sector allocation profile of SLYV reveals a distinct focus on small-cap value exposure, as evidenced by the significant underweighting in traditional growth drivers like Technology and Communication Services. With these sectors comprising only 6% of total assets combined, the fund's investment thesis appears to prioritize financial stability over high-growth potential, aligning with an objective to capture returns from undervalued companies rather than market leaders driving future expansion. The substantial allocation toward Financial Services at 6%, followed by Consumer Cyclical and Basic Materials, suggests a deliberate tilt toward sectors that have historically demonstrated resilience during economic downturns or periods of higher interest rates, which are common characteristics for small-cap value strategies.
This concentration pattern inherently introduces specific factor tilts while simultaneously mitigating broad market volatility risks associated with large technology stocks. The heavy representation in Financial Services and Consumer Cyclical industries indicates a sensitivity to consumer spending health and credit cycles rather than technological innovation or infrastructure development. Although the top ten holdings represent only 8.9% of the portfolio, suggesting relatively low idiosyncratic risk from any single company, the sector weights themselves create a concentrated bet on specific economic themes. The minimal exposure to Utilities and Consumer Defensive sectors further underscores an aggressive stance against defensive positioning, accepting higher potential volatility in exchange for participation in cyclical growth areas that are currently priced at lower valuations within the small-cap universe.
AI-generated sector analysis from constituent-level data. Not investment advice. Updated: 2026-05-24 04:37:58.867348+00
Flow Driver Analysis
2-Step CircleWhich larger ETFs share SLYV's holdings — and mechanically drive its price through index rebalancing flows?
Approximately 100% of SLYV's weight flows through these larger ETFs
| Driver ETF | AUM | Expense | Shared Stocks | Weight Overlap |
|---|---|---|---|---|
| SPSMSPSM | $14B | — | 462 | 99.8% |
| SPTMSPTM | $12B | — | 461 | 99.8% |
| VTWOVTWO | $15B | — | 196 | 53.6% |
| VBRVBR | $62B | — | 109 | 42.2% |
| VFVAVFVA | $758M | — | 134 | 33.7% |
100% of SLYV's portfolio by weight is also held by SPSM, which commands 3× more assets under management. When SPSM receives inflows, it mechanically buys these shared stocks — dragging SLYV's NAV along regardless of any thematic or sector catalyst. Combined, the top 5 overlapping ETFs control exposure to 100% ofSLYV'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.
Weighted metrics calculated based on 51% of fund assets with available 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 69% 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 SLYV collectively pay out 47% of their Free Cash Flow to maintain the current yield. This leaves a substantial cash buffer, making dividend cuts unlikely even in a downturn. Based on 28% 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
ProprietarySLYV is up 35.3% over the last 12 months. The underlying weighted earnings growth of its constituents is -11.9%. The remaining +47.2% 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 64% of fund weight with earnings data. Not investment advice.
Value Creation Map
ROIC vs WACCWhat percentage of SLYV's weight is allocated to companies that create economic value (ROIC > WACC) vs. destroy it?
Of SLYV's analyzed weight, 26% is invested in companies earning more than their cost of capital — genuine value creators. The remaining 74% consists of companies whose ROIC falls below their WACC, effectively destroying shareholder value with every dollar invested.
ROIC-WACC spread for 32% of fund weight with available data. Not investment advice.
Passive Crowding Score
LOWHow much of each constituent's market cap is structurally locked in passive ETFs — a proxy for liquidity fragility during sell-offs.
SLYV has a low Passive Crowding Score of 24/100. On average, 7.2% of the market capitalization of SLYV's underlying holdings is structurally locked in passive ETF vehicles. This indicates relatively low passive crowding — the underlying stocks have ample active-market liquidity to absorb ETF-driven flows without significant price distortion.
Passive $ = Σ(ETF AUM × holding weight) across all 21 tracked ETFs. Actual passive ownership is higher (includes mutual funds, pension funds). Not investment advice.
Under the Hood — Top 15 Constituents
| # | Ticker | Company | Weight | P/E | F-Score |
|---|---|---|---|---|---|
| 1 | MOH | MOLINA HEALTHCARE INC Healthcare | 1.24% | 60.3x | 4/9 |
| 2 | MTCH | MATCH GROUP INC Communication Services | 1.00% | 15.4x | 7/9 |
| 3 | JXN | JACKSON FINANCIAL INC A | 0.93% | — | — |
| 4 | KMX | CARMAX INC Consumer Cyclical | 0.88% | 36.3x | 6/9 |
| 5 | EMN | EASTMAN CHEMICAL CO Basic Materials | 0.84% | 20.0x | 4/9 |
| 6 | LNC | LINCOLN NATIONAL CORP | 0.75% | 5.9x | 2/9 |
| 7 | CAG | CONAGRA BRANDS INC Consumer Defensive | 0.73% | — | 5/9 |
| 8 | SM | SM ENERGY CO | 0.73% | 12.7x | 6/9 |
| 9 | MATX | MATSON INC | 0.72% | 11.6x | 5/9 |
| 10 | POOL | POOL CORP Industrials | 0.71% | 19.1x | 5/9 |
| 11 | LKQ | LKQ CORP | 0.70% | 12.5x | 4/9 |
| 12 | VSXY | VICTORIA S SECRET + CO | 0.69% | 31.4x | — |
| 13 | LW | LAMB WESTON HOLDINGS INC | 0.69% | 14.9x | 4/9 |
| 14 | PAYC | PAYCOM SOFTWARE INC Technology | 0.66% | 17.4x | 4/9 |
| 15 | AUB | ATLANTIC UNION BANKSHARES CO Financial Services | 0.65% | 18.5x | 4/9 |
Historical Holdings Snapshots
Browse how SLYV’s holdings have changed across SEC filing dates. Showing top holdings per snapshot.
2026-07-19
15 holdings · 11.9% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | MOH | 1.24% | 273,911 | — |
| 2 | MTCH | 1.00% | 1,231,775 | — |
| 3 | JXN | 0.93% | 368,196 | — |
| 4 | KMX | 0.88% | 749,111 | — |
| 5 | EMN | 0.84% | 601,367 | — |
| 6 | LNC | 0.75% | 894,484 | — |
| 7 | CAG | 0.73% | 2,515,171 | — |
| 8 | SM | 0.73% | 1,197,086 | — |
| 9 | MATX | 0.72% | 159,039 | — |
| 10 | POOL | 0.71% | 169,240 | — |
| 11 | LKQ | 0.70% | 1,344,714 | — |
| 12 | VSXY | 0.69% | 417,595 | — |
| 13 | LW | 0.69% | 725,673 | — |
| 14 | PAYC | 0.66% | 218,026 | — |
| 15 | AUB | 0.65% | 752,189 | — |
2026-07-18
15 holdings · 11.9% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | MOH | 1.24% | 273,911 | — |
| 2 | MTCH | 1.00% | 1,231,775 | — |
| 3 | JXN | 0.93% | 368,196 | — |
| 4 | KMX | 0.88% | 749,111 | — |
| 5 | EMN | 0.84% | 601,367 | — |
| 6 | LNC | 0.75% | 894,484 | — |
| 7 | CAG | 0.73% | 2,515,171 | — |
| 8 | SM | 0.73% | 1,197,086 | — |
| 9 | MATX | 0.72% | 159,039 | — |
| 10 | POOL | 0.71% | 169,240 | — |
| 11 | LKQ | 0.70% | 1,344,714 | — |
| 12 | VSXY | 0.69% | 417,595 | — |
| 13 | LW | 0.69% | 725,673 | — |
| 14 | PAYC | 0.66% | 218,026 | — |
| 15 | AUB | 0.65% | 752,189 | — |
2026-07-17
15 holdings · 11.9% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | MOH | 1.30% | 273,911 | — |
| 2 | MTCH | 1.01% | 1,231,775 | — |
| 3 | JXN | 0.93% | 368,196 | — |
| 4 | KMX | 0.90% | 749,111 | — |
| 5 | EMN | 0.83% | 601,367 | — |
| 6 | LNC | 0.75% | 894,484 | — |
| 7 | SM | 0.73% | 1,197,086 | — |
| 8 | CAG | 0.72% | 2,515,171 | — |
| 9 | VSXY | 0.72% | 417,595 | — |
| 10 | POOL | 0.70% | 169,240 | — |
| 11 | LKQ | 0.68% | 1,344,714 | — |
| 12 | MATX | 0.68% | 159,039 | — |
| 13 | LW | 0.67% | 725,673 | — |
| 14 | CZR | 0.66% | 1,070,560 | — |
| 15 | AUB | 0.65% | 752,189 | — |
2026-07-16
15 holdings · 12.0% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | MOH | 1.36% | 273,911 | — |
| 2 | MTCH | 0.97% | 1,231,775 | — |
| 3 | JXN | 0.92% | 368,196 | — |
| 4 | KMX | 0.86% | 749,111 | — |
| 5 | EMN | 0.83% | 601,367 | — |
| 6 | LNC | 0.76% | 894,484 | — |
| 7 | CAG | 0.73% | 2,515,171 | — |
| 8 | SM | 0.73% | 1,197,086 | — |
| 9 | POOL | 0.73% | 169,240 | — |
| 10 | VSXY | 0.70% | 417,595 | — |
| 11 | LW | 0.69% | 725,673 | — |
| 12 | MATX | 0.69% | 159,039 | — |
| 13 | LKQ | 0.69% | 1,344,714 | — |
| 14 | CZR | 0.66% | 1,070,560 | — |
| 15 | AUB | 0.65% | 752,189 | — |
2026-07-15
15 holdings · 12.0% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | MOH | 1.37% | 273,911 | — |
| 2 | MTCH | 0.98% | 1,231,775 | — |
| 3 | JXN | 0.91% | 368,196 | — |
| 4 | KMX | 0.85% | 749,111 | — |
| 5 | EMN | 0.83% | 601,367 | — |
| 6 | LNC | 0.75% | 894,484 | — |
| 7 | CAG | 0.74% | 2,515,171 | — |
| 8 | SM | 0.74% | 1,197,086 | — |
| 9 | POOL | 0.73% | 169,240 | — |
| 10 | LKQ | 0.70% | 1,344,714 | — |
| 11 | LW | 0.70% | 725,673 | — |
| 12 | VSXY | 0.68% | 417,595 | — |
| 13 | MATX | 0.67% | 159,039 | — |
| 14 | PAYC | 0.66% | 218,026 | — |
| 15 | CZR | 0.65% | 1,070,560 | — |
2026-07-14
15 holdings · 11.8% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | MOH | 1.32% | 273,911 | — |
| 2 | MTCH | 0.99% | 1,231,775 | — |
| 3 | JXN | 0.89% | 368,196 | — |
| 4 | EMN | 0.84% | 601,367 | — |
| 5 | KMX | 0.83% | 749,111 | — |
| 6 | POOL | 0.73% | 169,240 | — |
| 7 | LNC | 0.73% | 894,484 | — |
| 8 | CAG | 0.72% | 2,515,171 | — |
| 9 | LKQ | 0.70% | 1,344,714 | — |
| 10 | LW | 0.69% | 725,673 | — |
| 11 | SM | 0.69% | 1,197,086 | — |
| 12 | VSXY | 0.67% | 417,595 | — |
| 13 | VSH | 0.67% | 732,076 | — |
| 14 | MATX | 0.67% | 159,039 | — |
| 15 | CZR | 0.66% | 1,070,560 | — |
Source: 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 SLYV Today?
Daily return attribution — which holdings contributed most (and least) to the fund's move.
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 SLYV’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: 2026-07-17.
SecuritiesDB is for informational purposes only. Not investment advice.