Distillate Small/Mid Cash Flow ETF (DSMC) Valuation
DSMC valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 15.9 trailing earnings
- Forward P/E
- 9.9 analyst estimates
- Price / sales
- 0.83
- Price / book
- 1.81
- EV / EBITDA
- 7.0
- Earnings yield
- 6.27% inverse of P/E
- Dividend yield
- 1.37% of the holdings
- Return on equity
- 11.3% combined
- Net margin
- 5.2% combined
- Beta
- 0.94 weighted, vs S&P 500
DSMC valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| DSMC | 15.9 | 9.9 | 0.83 | 1.81 | 1.37% | 11.3% | 5.2% | 7.6% |
| 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.
DSMC valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Consumer Cyclical | 20.9% | 12.2 | 9.7 | 0.63 | 1.61 | 1.68% | 13.2% |
| Technology | 20.0% | 17.6 | 9.6 | 0.91 | 2.36 | 0.39% | 13.4% |
| Industrials | 17.8% | 21.6 | 11.8 | 0.89 | 2.43 | 1.62% | 11.3% |
| Energy | 13.5% | 15.3 | 11.0 | 1.30 | 1.51 | 2.04% | 9.9% |
| Healthcare | 8.8% | 14.3 | 9.6 | 1.06 | 1.65 | 0.04% | 11.5% |
| Consumer Defensive | 7.4% | 25.0 | 10.2 | 0.49 | 1.64 | 1.58% | 6.5% |
| Communication Services | 5.2% | 12.0 | 8.3 | 1.00 | 1.23 | 1.46% | 10.2% |
| Financial Services | 3.2% | 18.9 | 7.7 | 1.34 | 1.89 | 4.14% | 10.0% |
| Basic Materials | 1.8% | 20.8 | 6.8 | 0.63 | 1.65 | 1.83% | 7.9% |
DSMC 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 DSMC weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
DSMC largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| SWKS | Skyworks Solutions, Inc. | 1.95% | 41.3 | 17.8 | 4.7 | — | 0.78% |
| DXC | DXC Technology Company | 1.43% | 17.9 | 4.2 | 0.2 | — | 1.31% |
| APA | APA Corporation | 1.23% | 10.4 | 9.4 | 2.0 | 2.03% | 1.95% |
| VSNT | Versant Media Group, Inc. | 1.21% | 6.0 | 8.7 | 0.7 | 4.72% | 3.32% |
| IT | Gartner, Inc. | 1.21% | 18.6 | 11.3 | 2.0 | — | 1.07% |
| MAS | Masco Corporation | 1.09% | 16.8 | 14.7 | 1.9 | 1.76% | 1.07% |
| GDDY | GoDaddy Inc. | 1.07% | 15.8 | 8.7 | 2.6 | — | 1.12% |
| IVZ | Invesco Ltd. | 1.04% | — | 9.5 | 1.8 | 3.05% | −0.41% |
| ICLR | ICON Public Limited Company | 1.04% | 179.1 | 14.7 | 1.6 | — | 0.10% |
| GAP | The Gap, Inc. | 1.01% | 7.0 | 8.9 | 0.5 | 3.03% | 2.38% |
| CSL | Carlisle Companies Incorporated | 1.00% | 19.0 | 13.5 | 2.6 | 1.50% | 0.87% |
| SIG | Signet Jewelers Limited | 0.97% | 13.7 | 9.3 | 0.7 | 1.18% | 1.16% |
| DECK | Deckers Outdoor Corporation | 0.97% | 12.1 | 10.6 | 2.1 | — | 1.32% |
| TOL | Toll Brothers, Inc. | 0.97% | 10.8 | 10.0 | 1.1 | 0.78% | 1.48% |
| AR | Antero Resources Corporation | 0.97% | 11.1 | 9.0 | 2.1 | — | 1.43% |
| CHRD | Chord Energy Corporation | 0.97% | 10.4 | — | 1.4 | 3.36% | 1.53% |
| MTCH | Match Group, Inc. | 0.94% | 15.2 | 9.7 | 2.8 | 1.86% | 1.01% |
| CROX | Crocs, Inc. | 0.92% | 10.8 | 8.2 | 1.5 | — | 1.40% |
| UHS | Universal Health Services, Inc. | 0.90% | 7.6 | 7.3 | 0.6 | 0.43% | 1.95% |
| PVH | PVH Corp. | 0.90% | — | 6.3 | 0.4 | 0.18% | −0.61% |
| BBWI | Bath & Body Works, Inc. | 0.90% | 5.3 | 6.3 | 0.6 | 3.97% | 2.78% |
| OC | Owens Corning | 0.89% | — | 10.1 | 0.9 | 2.80% | −0.66% |
| MAT | Mattel, Inc. | 0.86% | 12.6 | 8.5 | 0.9 | — | 1.12% |
| TXT | Textron Inc. | 0.86% | 14.3 | 10.4 | 0.9 | 0.11% | 0.99% |
| DDS | Dillard's, Inc. | 0.86% | 15.2 | 35.2 | 1.6 | 0.18% | 0.93% |
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 DSMC valuation
Adding up its 144 holdings with company data, DSMC trades at 15.9 times trailing earnings and 9.9 times analysts' forward estimates, with a price-to-book ratio of 1.81 and a dividend yield of 1.37%. Its earnings yield of 6.27% is 0.95 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 12.3% of the fund and earn 12.7% of its combined profit. By sector, Consumer Defensive is the most expensive at 25.0 times earnings and Communication Services the cheapest at 12.0. Companies that lost money over the past year are 7.6% 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 97.7% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: DSMC chart, DSMC performance, DSMC holdings, DSMC dividends.
DSMC valuation FAQ
What is the P/E ratio of DSMC?
Based on its holdings, DSMC has a trailing P/E of 15.9 and a forward P/E of 9.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of DSMC?
The trailing earnings yield is 6.27% (1 ÷ P/E) and the forward earnings yield 10.09%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is DSMC more expensive than the S&P 500?
DSMC trades at 15.9 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 9.9 and 19.9.
What is the price-to-book ratio of DSMC?
The holdings of DSMC trade at 1.81 times book value, with a combined return on equity of 11.3%.
Which sector in DSMC has the highest P/E?
Consumer Defensive has the highest P/E at 25.0 and Communication Services the lowest at 12.0.