Burney U.S. Factor Rotation ETF (BRNY) Valuation
BRNY valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 22.8 trailing earnings
- Forward P/E
- 16.5 analyst estimates
- Price / sales
- 1.14
- Price / book
- 4.21
- EV / EBITDA
- 14.8
- Earnings yield
- 4.38% inverse of P/E
- Dividend yield
- 0.61% of the holdings
- Return on equity
- 18.4% combined
- Net margin
- 5.0% combined
- Beta
- 1.33 weighted, vs S&P 500
BRNY valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| BRNY | 22.8 | 16.5 | 1.14 | 4.21 | 0.61% | 18.4% | 5.0% | 8.0% |
| 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.
BRNY valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 36.0% | 29.3 | 22.8 | 8.88 | 13.31 | 0.31% | 45.5% |
| Financial Services | 15.9% | 10.7 | 9.8 | 0.32 | 1.82 | 1.32% | 17.0% |
| Consumer Cyclical | 9.2% | 19.9 | 14.6 | 1.92 | 5.44 | 0.57% | 27.3% |
| Communication Services | 7.6% | 20.9 | 18.0 | 6.66 | 6.14 | 0.21% | 29.4% |
| Healthcare | 7.1% | n/m | 46.9 | 6.18 | 9.25 | 0.00% | −6.2% |
| Industrials | 6.7% | 12.8 | 12.7 | 0.71 | 2.70 | 0.88% | 21.2% |
| Consumer Defensive | 5.3% | 21.9 | 18.3 | 0.79 | 3.60 | 1.17% | 16.5% |
| Energy | 2.8% | n/m | 17.7 | 1.87 | 2.05 | 0.00% | −13.0% |
| Basic Materials | 2.8% | n/m | 16.2 | 0.80 | 1.69 | 0.41% | −7.2% |
| Utilities | 1.9% | 21.1 | 13.3 | 2.19 | 3.00 | 2.46% | 14.2% |
| Real Estate | 1.6% | 17.3 | 12.6 | 0.68 | 2.03 | 1.36% | 11.7% |
BRNY 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 BRNY weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
BRNY largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 8.85% | 27.1 | 24.9 | 17.1 | 0.47% | 7.80% |
| MSFT | Microsoft Corporation | 6.83% | 29.5 | 25.1 | 11.8 | 0.74% | 5.53% |
| GOOGL | Alphabet Inc. | 5.50% | 17.1 | 22.8 | 9.3 | 0.26% | 7.67% |
| AAPL | Apple Inc. | 5.39% | 39.4 | 35.2 | 10.7 | 0.31% | 3.27% |
| AMZN | Amazon.com, Inc. | 4.04% | 20.1 | 23.6 | 3.5 | — | 4.80% |
| MU | Micron Technology, Inc. | 2.92% | 11.8 | 7.0 | 7.5 | 0.07% | 5.89% |
| PLTR | Palantir Technologies Inc. | 2.70% | 160.4 | 85.5 | 72.6 | — | 0.40% |
| EXPE | Expedia Group, Inc. | 2.32% | 18.0 | 11.3 | 2.2 | 0.66% | 3.07% |
| COF | Capital One Financial Corporation | 2.29% | 13.0 | 8.5 | 2.6 | 1.59% | 4.22% |
| PYPL | PayPal Holdings, Inc. | 2.28% | 10.7 | 9.1 | 1.4 | 0.99% | 5.07% |
| R1D | AERCAP HOLD | 2.16% | — | — | — | — | — |
| C | Citigroup Inc. | 2.04% | 12.1 | 10.2 | 2.5 | 2.16% | 4.02% |
| ANET | Arista Networks, Inc. | 1.87% | 55.8 | 39.2 | 21.2 | — | 0.80% |
| SNEX | StoneX Group Inc. | 1.86% | 18.9 | 9.8 | 0.0 | — | 2.34% |
| AMD | Advanced Micro Devices, Inc. | 1.86% | 134.9 | 39.5 | 20.9 | — | 0.33% |
| ALL | The Allstate Corporation | 1.78% | 5.0 | 8.3 | 0.9 | 1.74% | 8.56% |
| TALO | Talos Energy Inc. | 1.70% | — | 15.1 | 1.5 | — | −5.38% |
| UAL | United Airlines Holdings, Inc. | 1.68% | 9.0 | 7.4 | 0.5 | — | 4.44% |
| CDNA | CareDx, Inc | 1.57% | 30.8 | 156.2 | 7.2 | — | 1.22% |
| WCC | WESCO International, Inc. | 1.56% | 23.6 | 18.2 | 0.7 | 0.59% | 1.57% |
| PGR | The Progressive Corporation | 1.44% | 11.0 | 12.7 | 1.4 | 0.18% | 3.12% |
| TEAM | Atlassian Corporation | 1.29% | — | 36.2 | 8.0 | — | −0.02% |
| ELD | Eldorado Gold Corp | 1.28% | — | — | — | — | — |
| RL | Ralph Lauren Corporation | 1.24% | 24.3 | 18.4 | 2.7 | 1.04% | 1.22% |
| TGT | Target Corporation | 1.16% | 16.0 | 15.6 | 0.7 | 3.01% | 1.73% |
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 BRNY valuation
Adding up its 70 holdings with company data, BRNY trades at 22.8 times trailing earnings and 16.5 times analysts' forward estimates, with a price-to-book ratio of 4.21 and a dividend yield of 0.61%. Its earnings yield of 4.38% is 0.95 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 43.1% of the fund and earn 47.7% of its combined profit. By sector, Technology is the most expensive at 29.3 times earnings and Financial Services the cheapest at 10.7. Companies that lost money over the past year are 8.0% 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 95.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: BRNY chart, BRNY performance, BRNY holdings, BRNY dividends.
BRNY valuation FAQ
What is the P/E ratio of BRNY?
Based on its holdings, BRNY has a trailing P/E of 22.8 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 BRNY?
The trailing earnings yield is 4.38% (1 ÷ P/E) and the forward earnings yield 6.06%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is BRNY more expensive than the S&P 500?
BRNY trades at 22.8 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 BRNY?
The holdings of BRNY trade at 4.21 times book value, with a combined return on equity of 18.4%.
Which sector in BRNY has the highest P/E?
Technology has the highest P/E at 29.3 and Financial Services the lowest at 10.7.