AOT Growth and Innovation ETF (AOTG) Valuation
AOTG valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 23.7 trailing earnings
- Forward P/E
- 16.5 analyst estimates
- Price / sales
- 0.20
- Price / book
- 8.97
- EV / EBITDA
- 19.1
- Earnings yield
- 4.22% inverse of P/E
- Dividend yield
- 0.28% of the holdings
- Return on equity
- 37.9% combined
- Net margin
- 0.8% combined
- Beta
- 1.81 weighted, vs S&P 500
AOTG valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| AOTG | 23.7 | 16.5 | 0.20 | 8.97 | 0.28% | 37.9% | 0.8% | 0.3% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
AOTG valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 70.5% | 24.9 | 15.3 | 0.14 | 11.39 | 0.31% | 45.7% |
| Communication Services | 12.0% | 19.2 | 20.3 | 9.45 | 8.43 | 0.18% | 43.9% |
| Financial Services | 9.4% | 21.3 | 17.1 | 5.42 | 4.59 | 0.40% | 21.6% |
| Consumer Cyclical | 7.4% | 23.7 | 24.9 | 3.04 | 5.33 | 0.00% | 22.5% |
| Healthcare | 0.4% | 50.9 | 30.2 | 14.53 | 5.90 | 0.00% | 11.6% |
| Industrials | 0.4% | 46.7 | 27.8 | 6.92 | 20.13 | 0.12% | 43.1% |
AOTG earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How AOTG weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
AOTG largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AMD | Advanced Micro Devices, Inc. | 14.27% | 134.9 | 39.5 | 20.9 | — | 2.52% |
| NVDA | NVIDIA Corporation | 10.69% | 27.1 | 24.9 | 17.1 | 0.47% | 9.41% |
| MU | Micron Technology, Inc. | 9.79% | 11.8 | 7.0 | 7.5 | 0.07% | 19.73% |
| AMZN | Amazon.com, Inc. | 5.24% | 20.1 | 23.6 | 3.5 | — | 6.21% |
| MSFT | Microsoft Corporation | 5.04% | 29.5 | 25.1 | 11.8 | 0.74% | 4.08% |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | 5.01% | 26.7 | 21.4 | 0.4 | 0.91% | 4.47% |
| TOST | Toast, Inc. | 4.73% | 40.0 | 17.6 | 2.7 | — | 2.82% |
| GOOG | Alphabet Inc. | 4.00% | 16.9 | 21.8 | 9.2 | 0.26% | 5.63% |
| CRM | Salesforce, Inc. | 3.86% | 22.0 | 14.0 | 4.5 | 0.73% | 4.18% |
| NU | Nu Holdings Ltd. | 3.25% | 19.9 | 14.8 | 8.3 | — | 3.88% |
| SNDK | Sandisk Corporation | 3.08% | 17.6 | 8.0 | 9.3 | — | 4.17% |
| GOOGL | Alphabet Inc. | 3.02% | 17.1 | 22.8 | 9.3 | 0.26% | 4.21% |
| HOOD | Robinhood Markets, Inc. | 2.82% | 43.6 | 45.0 | 18.0 | — | 1.54% |
| SKHY | SK Hynix Inc. American Depositary Shares | 2.56% | 8.7 | 5.4 | 0.0 | 0.08% | 7.02% |
| SHOP | Shopify Inc. | 2.50% | 114.5 | 58.8 | 16.6 | — | 0.52% |
| APP | AppLovin Corporation | 2.48% | 20.5 | 15.4 | 13.1 | — | 2.89% |
| ORCL | Oracle Corporation | 1.97% | 20.1 | 17.8 | 5.4 | 1.56% | 2.34% |
| ADBE | Adobe Inc. | 1.69% | 13.7 | 8.7 | 3.7 | — | 2.95% |
| AVGO | Broadcom Inc. | 1.32% | 43.3 | 19.4 | 17.6 | 0.79% | 0.73% |
| META | Meta Platforms, Inc. | 1.30% | 26.7 | 22.1 | 7.9 | 0.30% | 1.16% |
| SCHW | The Charles Schwab Corporation | 1.22% | 15.7 | 12.9 | 5.9 | 1.39% | 1.85% |
| SE | Sea Limited | 1.07% | 36.2 | 25.8 | 2.1 | — | 0.70% |
| MELI | MercadoLibre, Inc. | 1.06% | 50.5 | 32.8 | 2.6 | — | 0.50% |
| NOW | ServiceNow, Inc. | 1.02% | 88.7 | 27.8 | 10.0 | — | 0.27% |
| VIRT | Virtu Financial, Inc. | 0.90% | 9.4 | 8.4 | 1.5 | 1.69% | 2.28% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About AOTG valuation
Adding up its 42 holdings with company data, AOTG trades at 23.7 times trailing earnings and 16.5 times analysts' forward estimates, with a price-to-book ratio of 8.97 and a dividend yield of 0.28%. Its earnings yield of 4.22% is 1.11 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 65.9% of the fund and earn 62.9% of its combined profit. By sector, Healthcare is the most expensive at 50.9 times earnings and Communication Services the cheapest at 19.2. Companies that lost money over the past year are 0.3% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 98.9% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: AOTG chart, AOTG performance, AOTG holdings.
AOTG valuation FAQ
What is the P/E ratio of AOTG?
Based on its holdings, AOTG has a trailing P/E of 23.7 and a forward P/E of 16.5 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of AOTG?
The trailing earnings yield is 4.22% (1 ÷ P/E) and the forward earnings yield 6.08%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is AOTG more expensive than the S&P 500?
AOTG trades at 23.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 16.5 and 19.9.
What is the price-to-book ratio of AOTG?
The holdings of AOTG trade at 8.97 times book value, with a combined return on equity of 37.9%.
Which sector in AOTG has the highest P/E?
Healthcare has the highest P/E at 50.9 and Communication Services the lowest at 19.2.