Global X Adaptive U.S. Factor ETF (AUSF) Valuation
AUSF valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 15.9 trailing earnings
- Forward P/E
- 12.8 analyst estimates
- Price / sales
- 1.34
- Price / book
- 2.02
- EV / EBITDA
- 11.5
- Earnings yield
- 6.31% inverse of P/E
- Dividend yield
- 2.62% of the holdings
- Return on equity
- 12.8% combined
- Net margin
- 8.5% combined
- Beta
- 0.69 weighted, vs S&P 500
AUSF valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| AUSF | 15.9 | 12.8 | 1.34 | 2.02 | 2.62% | 12.8% | 8.5% | 1.3% |
| 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.
AUSF valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 18.0% | 20.6 | 13.8 | 1.42 | 2.90 | 1.64% | 14.1% |
| Financial Services | 17.5% | 10.9 | 10.6 | 2.08 | 1.28 | 2.71% | 11.7% |
| Industrials | 12.9% | 24.1 | 17.1 | 1.99 | 3.49 | 1.91% | 14.5% |
| Healthcare | 11.8% | 24.9 | 14.4 | 1.18 | 2.54 | 1.78% | 10.2% |
| Consumer Defensive | 8.6% | 17.5 | 15.5 | 0.96 | 3.33 | 2.91% | 19.0% |
| Consumer Cyclical | 7.6% | 12.6 | 12.6 | 0.59 | 1.81 | 2.42% | 14.4% |
| Communication Services | 7.6% | 9.6 | 8.5 | 1.10 | 1.61 | 3.93% | 16.8% |
| Utilities | 4.2% | 10.6 | 10.0 | 1.41 | 1.66 | 4.23% | 15.7% |
| Real Estate | 3.9% | 16.1 | 15.7 | 7.41 | 1.26 | 7.43% | 7.8% |
| Energy | 3.4% | 20.7 | 14.7 | 2.07 | 1.82 | 3.16% | 8.8% |
| Basic Materials | 3.3% | 31.2 | 14.1 | 1.44 | 1.94 | 2.27% | 6.2% |
AUSF 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 AUSF weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
AUSF largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| VZ | Verizon Communications Inc. | 1.99% | 11.7 | 8.7 | 1.3 | 6.32% | 2.80% |
| MSFT | Microsoft Corporation | 1.87% | 29.5 | 25.1 | 11.8 | 0.74% | 1.04% |
| T | AT&T Inc. | 1.84% | 7.7 | 9.9 | 1.3 | 4.74% | 3.89% |
| BRK.B | Berkshire Hathaway Inc. | 1.71% | 13.4 | 22.7 | 3.0 | — | 2.10% |
| CME | CME Group Inc. | 1.65% | 24.9 | 21.9 | 15.6 | 1.77% | 1.08% |
| VRSN | VeriSign, Inc. | 1.63% | 32.7 | 27.0 | 16.0 | 1.07% | 0.82% |
| RPRX | Royalty Pharma plc | 1.60% | 32.4 | 29.4 | 13.9 | 1.54% | 0.81% |
| MSI | Motorola Solutions, Inc. | 1.60% | 36.5 | 23.9 | 6.3 | 1.05% | 0.72% |
| AAPL | Apple Inc. | 1.57% | 39.4 | 35.2 | 10.7 | 0.31% | 0.65% |
| JNJ | Johnson & Johnson | 1.56% | 38.8 | 21.0 | 6.2 | 2.10% | 0.66% |
| WM | Waste Management, Inc. | 1.53% | 32.1 | 22.5 | 3.5 | 1.67% | 0.78% |
| ADP | Automatic Data Processing, Inc. | 1.53% | 26.4 | 22.0 | 5.2 | 2.35% | 0.95% |
| AFL | Aflac Incorporated | 1.50% | 12.9 | 15.2 | 3.3 | 2.03% | 1.90% |
| RSG | Republic Services, Inc. | 1.50% | 32.8 | 26.3 | 4.2 | 1.16% | 0.75% |
| LIN | Linde plc | 1.48% | 32.2 | 23.6 | 6.5 | 1.28% | 0.75% |
| WMT | Walmart Inc. | 1.45% | 43.0 | 38.0 | 1.3 | 0.83% | 0.55% |
| RTX | RTX Corporation | 1.45% | 34.1 | 24.6 | 2.8 | 1.51% | 0.69% |
| LMT | Lockheed Martin Corporation | 1.44% | 20.3 | 16.2 | 1.7 | 2.61% | 1.16% |
| KO | The Coca-Cola Company | 1.44% | 28.2 | 25.3 | 8.1 | 2.26% | 0.84% |
| PNM | PNM Resources Inc | 1.44% | — | — | — | — | — |
| TJX | The TJX Companies, Inc. | 1.40% | 27.3 | 24.9 | 2.6 | 1.30% | 0.84% |
| CSCO | Cisco Systems, Inc. | 1.38% | 32.2 | 19.8 | 6.7 | 1.56% | 0.70% |
| GD | General Dynamics Corporation | 1.36% | 21.0 | 18.5 | 1.7 | 1.85% | 1.06% |
| DOX | Amdocs Limited | 1.31% | 14.3 | 7.1 | 1.3 | 3.79% | 1.50% |
| MO | Altria Group, Inc. | 1.28% | 15.8 | 11.9 | 6.1 | 5.91% | 1.33% |
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 AUSF valuation
Adding up its 183 holdings with company data, AUSF trades at 15.9 times trailing earnings and 12.8 times analysts' forward estimates, with a price-to-book ratio of 2.02 and a dividend yield of 2.62%. Its earnings yield of 6.31% is 0.98 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 17.0% of the fund and earn 14.6% of its combined profit. By sector, Basic Materials is the most expensive at 31.2 times earnings and Communication Services the cheapest at 9.6. Companies that lost money over the past year are 1.3% 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 97.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: AUSF chart, AUSF performance, AUSF holdings, AUSF dividends.
AUSF valuation FAQ
What is the P/E ratio of AUSF?
Based on its holdings, AUSF has a trailing P/E of 15.9 and a forward P/E of 12.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of AUSF?
The trailing earnings yield is 6.31% (1 ÷ P/E) and the forward earnings yield 7.79%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is AUSF more expensive than the S&P 500?
AUSF trades at 15.9 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 12.8 and 19.9.
What is the price-to-book ratio of AUSF?
The holdings of AUSF trade at 2.02 times book value, with a combined return on equity of 12.8%.
Which sector in AUSF has the highest P/E?
Basic Materials has the highest P/E at 31.2 and Communication Services the lowest at 9.6.