Exchange Listed Funds ETF (ARIA) Valuation
ARIA valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 91.3 trailing earnings
- Forward P/E
- 21.9 analyst estimates
- Price / sales
- 1.42
- Price / book
- 4.87
- EV / EBITDA
- 18.2
- Earnings yield
- 1.10% inverse of P/E
- Dividend yield
- 0.43% of the holdings
- Return on equity
- 5.3% combined
- Net margin
- 1.6% combined
- Beta
- 1.47 weighted, vs S&P 500
ARIA valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| ARIA | 91.3 | 21.9 | 1.42 | 4.87 | 0.43% | 5.3% | 1.6% | 16.7% |
| 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.
ARIA valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 50.5% | 42.8 | 19.3 | 2.78 | 5.10 | 0.51% | 11.9% |
| Consumer Cyclical | 15.6% | 43.7 | 23.7 | 0.34 | 3.21 | 0.16% | 7.3% |
| Financial Services | 15.0% | 57.7 | 30.7 | 13.06 | 11.09 | 0.36% | 19.2% |
| Industrials | 10.6% | n/m | 27.7 | 6.34 | 3.71 | 0.56% | −32.1% |
| Healthcare | 3.5% | 38.6 | 24.2 | 6.84 | 6.41 | 0.36% | 16.6% |
| Communication Services | 3.3% | 26.7 | 22.1 | 7.92 | 7.26 | 0.30% | 27.2% |
ARIA 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 ARIA weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
ARIA largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| DELL | Dell Technologies Inc. | 24.00% | 26.3 | 21.3 | 1.9 | 0.56% | 86.60% |
| ADBE | Adobe Inc. | 4.57% | 13.7 | 8.7 | 3.7 | — | 31.62% |
| TSLA | Tesla, Inc. | 4.15% | 328.4 | 158.7 | 13.5 | — | 1.20% |
| MA | Mastercard Incorporated | 3.97% | 34.0 | 24.2 | 15.4 | 0.56% | 11.07% |
| AMZN | Amazon.com, Inc. | 3.85% | 20.1 | 23.6 | 3.5 | — | 18.12% |
| ACHR | Archer Aviation Inc. | 3.70% | — | — | 454.2 | — | −93.82% |
| NOW | ServiceNow, Inc. | 3.65% | 88.7 | 27.8 | 10.0 | — | 3.89% |
| V | Visa Inc. | 3.52% | 34.3 | 24.0 | 17.0 | 0.67% | 9.74% |
| NXPI | NXP Semiconductors N.V. | 3.41% | 19.6 | 12.9 | 4.4 | 1.77% | 16.49% |
| META | Meta Platforms, Inc. | 3.34% | 26.7 | 22.1 | 7.9 | 0.30% | 11.84% |
| XPEV | XPeng Inc. | 3.25% | — | 69.9 | 0.1 | — | −12.84% |
| MMM | 3M Company | 3.07% | 29.3 | 17.8 | 3.4 | 1.89% | 9.94% |
| COIN | Coinbase Global, Inc. | 2.88% | — | 54.3 | 7.6 | — | −5.11% |
| PATH | UiPath Inc. | 2.79% | 19.2 | 16.7 | 3.9 | — | 13.80% |
| BABA | Alibaba Group Holding Limited | 2.58% | 26.4 | 17.9 | 0.3 | 0.96% | 9.26% |
| HOOD | Robinhood Markets, Inc. | 2.46% | 43.6 | 45.0 | 18.0 | — | 5.34% |
| TMO | Thermo Fisher Scientific Inc. | 2.41% | 37.1 | 24.2 | 5.5 | 0.27% | 6.14% |
| NVDA | NVIDIA Corporation | 2.31% | 27.1 | 24.9 | 17.1 | 0.47% | 8.09% |
| FIG | Figma, Inc. | 2.23% | — | 60.6 | 8.9 | — | −27.13% |
| RVI | Robinhood Ventures Fund I | 2.21% | — | — | — | — | — |
| SAP | SAP SE | 2.09% | 28.8 | 33.1 | 6.8 | 1.31% | 6.89% |
| AMKR | Amkor Technology, Inc. | 1.90% | 18.8 | 18.8 | 1.4 | 0.80% | 9.59% |
| APH | Amphenol Corporation | 1.77% | 39.7 | 24.6 | 6.7 | 0.63% | 4.22% |
| PDD | PDD Holdings Inc. | 1.73% | 9.1 | 6.2 | 0.3 | — | 17.98% |
| AVAV | AeroVironment, Inc. | 1.71% | — | 55.2 | 3.1 | — | −5.39% |
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 ARIA valuation
Adding up its 29 holdings with company data, ARIA trades at 91.3 times trailing earnings and 21.9 times analysts' forward estimates, with a price-to-book ratio of 4.87 and a dividend yield of 0.43%. Its earnings yield of 1.10% is 4.23 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 58.2% of the fund and earn 96.8% of its combined profit. By sector, Financial Services is the most expensive at 57.7 times earnings and Communication Services the cheapest at 26.7. Companies that lost money over the past year are 16.7% 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 97.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: ARIA chart, ARIA holdings.
ARIA valuation FAQ
What is the P/E ratio of ARIA?
Based on its holdings, ARIA has a trailing P/E of 91.3 and a forward P/E of 21.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of ARIA?
The trailing earnings yield is 1.10% (1 ÷ P/E) and the forward earnings yield 4.57%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is ARIA more expensive than the S&P 500?
ARIA trades at 91.3 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 21.9 and 19.9.
What is the price-to-book ratio of ARIA?
The holdings of ARIA trade at 4.87 times book value, with a combined return on equity of 5.3%.
Which sector in ARIA has the highest P/E?
Financial Services has the highest P/E at 57.7 and Communication Services the lowest at 26.7.