Dakota Active Equity ETF (DAK) Valuation

NASDAQ: DAKP/E, earnings yield and other ratios of the holdings combined.

DAK valuation today

Holdings combined · company data as of Oct 26, 2026

P/E (TTM): 26.1
Forward P/E: 20.2
Price / sales: 4.80
Price / book: 5.85
EV / EBITDA: 17.7
Earnings yield: 3.84%
Dividend yield: 0.88%
Return on equity: 22.4%
Net margin: 18.4%
Beta: 1.12

DAK valuation vs other stock ETFs

P/E (TTM)Forward P/E

DAK valuation compared with other stock ETFs
ETF	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE	Net margin	Loss-makers
DAK	26.1	20.2	4.80	5.85	0.88%	22.4%	18.4%	0.8%
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.

DAK valuation by sector

P/E (TTM)Forward P/E

DAK valuation by sector
Sector	Weight	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE
Technology	40.4%	37.8	25.6	8.80	11.14	0.53%	29.5%
Financial Services	12.0%	13.3	14.5	3.19	3.08	1.46%	23.2%
Healthcare	11.3%	38.5	17.5	4.81	4.98	0.81%	12.9%
Consumer Cyclical	5.6%	21.7	24.0	3.19	5.90	0.35%	27.2%
Communication Services	5.4%	17.3	19.5	5.65	5.71	0.67%	33.0%
Industrials	4.5%	32.4	22.8	4.23	4.68	1.17%	14.4%
Energy	4.0%	17.5	10.6	1.77	2.78	2.14%	15.9%
Consumer Defensive	1.5%	47.6	40.3	1.45	11.97	0.59%	25.1%
Real Estate	1.5%	28.5	27.2	11.35	11.18	4.02%	39.3%
Basic Materials	1.3%	19.4	13.6	4.39	4.27	0.87%	22.0%
Utilities	0.7%	24.1	14.5	4.02	1.62	3.15%	6.7%

DAK earnings yield vs bond yields

DAK earnings yield (forward)

4.96%

DAK earnings yield (trailing)

3.84%

DAK dividend yield

0.88%

Bond market yield (AGG)

5.33%

T-bill yield (BIL)

3.91%

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 DAK weight splits by P/E

Share of the covered weight in companies with a trailing P/E in each range.

DAK largest holdings: valuation

DAK largest holdings valuation
Symbol	Company	Weight	P/E	Fwd P/E	P/S	Div. yield	Share of earnings
AAPL	Apple Inc.	6.55%	39.4	35.2	10.7	0.31%	4.91%
NVDA	NVIDIA Corporation	6.03%	27.1	24.9	17.1	0.47%	6.58%
AMZN	Amazon.com, Inc.	4.09%	20.1	23.6	3.5	—	6.01%
IVV	iShares Trust - iShares Core S&P 500 ETF	3.85%	—	—	—	—	—
MSFT	Microsoft Corporation	3.45%	29.5	25.1	11.8	0.74%	3.45%
GOOG	Alphabet Inc.	3.28%	16.9	21.8	9.2	0.26%	5.73%
ZBRA	Zebra Technologies Corporation	2.97%	33.8	16.9	3.0	—	2.60%
ADI	Analog Devices, Inc.	2.88%	47.0	23.2	13.8	1.11%	1.81%
JPM	JPMorgan Chase & Co.	2.85%	14.2	13.5	4.7	1.94%	5.91%
AMD	Advanced Micro Devices, Inc.	2.68%	134.9	39.5	20.9	—	0.59%
CRM	Salesforce, Inc.	2.63%	22.0	14.0	4.5	0.73%	3.53%
WST	West Pharmaceutical Services, Inc.	2.54%	49.4	37.0	8.1	0.23%	1.52%
KEYS	Keysight Technologies, Inc.	2.51%	44.8	22.4	8.6	—	1.65%
CBOE	Cboe Global Markets, Inc.	2.44%	24.6	21.9	6.5	1.09%	2.93%
BNY	The Bank of New York Mellon Corporation	2.28%	15.9	15.0	4.4	1.55%	4.25%
IYW	iShares Trust - iShares U.S. Technology ETF	2.22%	—	—	—	—	—
ADP	Automatic Data Processing, Inc.	2.19%	26.4	22.0	5.2	2.35%	2.45%
APH	Amphenol Corporation	2.17%	39.7	24.6	6.7	0.63%	1.61%
BSX	Boston Scientific Corporation	2.09%	18.0	13.2	3.1	—	3.43%
IEX	IDEX Corporation	2.07%	33.9	24.0	4.8	1.24%	1.80%
MRK	Merck & Co., Inc.	2.01%	115.8	15.3	5.4	2.33%	0.51%
V	Visa Inc.	1.83%	34.3	24.0	17.0	0.67%	1.58%
MPWR	Monolithic Power Systems, Inc.	1.78%	73.7	38.8	18.2	0.66%	0.72%
ALL	The Allstate Corporation	1.78%	5.0	8.3	0.9	1.74%	10.60%
ANET	Arista Networks, Inc.	1.70%	55.8	39.2	21.2	—	0.90%

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 DAK valuation

Adding up its 62 holdings with company data, DAK trades at 26.1 times trailing earnings and 20.2 times analysts' forward estimates, with a price-to-book ratio of 5.85 and a dividend yield of 0.88%. Its earnings yield of 3.84% is 1.49 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).

The ten largest holdings are 38.6% of the fund and earn 41.1% of its combined profit. By sector, Consumer Defensive is the most expensive at 47.6 times earnings and Financial Services the cheapest at 13.3. Companies that lost money over the past year are 0.8% 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 88.2% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.

DAK valuation FAQ

What is the P/E ratio of DAK?

Based on its holdings, DAK has a trailing P/E of 26.1 and a forward P/E of 20.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).

What is the earnings yield of DAK?

The trailing earnings yield is 3.84% (1 ÷ P/E) and the forward earnings yield 4.96%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.

Is DAK more expensive than the S&P 500?

DAK trades at 26.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 20.2 and 19.9.

What is the price-to-book ratio of DAK?

The holdings of DAK trade at 5.85 times book value, with a combined return on equity of 22.4%.

Which sector in DAK has the highest P/E?

Consumer Defensive has the highest P/E at 47.6 and Financial Services the lowest at 13.3.