Dana Unconstrained Equity ETF (DUNK) Valuation
DUNK valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 53.8 trailing earnings
- Forward P/E
- 28.9 analyst estimates
- Price / sales
- 9.41
- Price / book
- 12.99
- EV / EBITDA
- 26.1
- Earnings yield
- 1.86% inverse of P/E
- Dividend yield
- 0.53% of the holdings
- Return on equity
- 24.2% combined
- Net margin
- 17.5% combined
- Beta
- 1.25 weighted, vs S&P 500
DUNK valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| DUNK | 53.8 | 28.9 | 9.41 | 12.99 | 0.53% | 24.2% | 17.5% | 11.7% |
| 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.
DUNK valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 54.9% | 68.1 | 36.1 | 12.80 | 13.82 | 0.23% | 20.3% |
| Healthcare | 17.5% | 72.3 | 20.0 | 9.46 | 17.59 | 1.49% | 24.3% |
| Consumer Cyclical | 14.1% | 39.1 | 29.1 | 4.30 | 8.22 | 0.42% | 21.0% |
| Financial Services | 10.1% | 34.1 | 24.1 | 16.19 | 31.45 | 0.62% | 92.2% |
| Communication Services | 1.7% | 26.7 | 22.1 | 7.92 | 7.26 | 0.30% | 27.2% |
| Energy | 0.9% | 12.3 | 10.1 | 3.15 | 2.33 | 2.58% | 19.0% |
DUNK 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 DUNK weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
DUNK largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NOW | ServiceNow, Inc. | 10.46% | 88.7 | 27.8 | 10.0 | — | 6.44% |
| SNOW | Snowflake Inc. | 9.98% | — | 169.5 | 19.9 | — | −5.65% |
| MSFT | Microsoft Corporation | 9.18% | 29.5 | 25.1 | 11.8 | 0.74% | 16.99% |
| SHOP | Shopify Inc. | 7.59% | 114.5 | 58.8 | 16.6 | — | 3.62% |
| LLY | Eli Lilly and Company | 5.58% | 42.2 | 24.4 | 14.1 | 0.55% | 7.22% |
| NVDA | NVIDIA Corporation | 5.51% | 27.1 | 24.9 | 17.1 | 0.47% | 11.10% |
| ABBV | AbbVie Inc. | 5.33% | 80.6 | 16.4 | 7.8 | 2.42% | 3.61% |
| DDOG | Datadog, Inc. | 5.28% | 494.2 | 84.7 | 22.4 | — | 0.58% |
| V | Visa Inc. | 5.19% | 34.3 | 24.0 | 17.0 | 0.67% | 8.27% |
| DASH | DoorDash, Inc. | 5.07% | 99.6 | 38.0 | 5.2 | — | 2.78% |
| MA | Mastercard Incorporated | 4.91% | 34.0 | 24.2 | 15.4 | 0.56% | 7.90% |
| JNJ | Johnson & Johnson | 4.31% | 38.8 | 21.0 | 6.2 | 2.10% | 6.07% |
| AMZN | Amazon.com, Inc. | 4.05% | 20.1 | 23.6 | 3.5 | — | 10.99% |
| ABNB | Airbnb, Inc. | 2.69% | 39.6 | 25.4 | 7.9 | — | 3.71% |
| SBUX | Starbucks Corporation | 2.29% | 56.4 | 30.9 | 2.9 | 2.58% | 2.22% |
| META | Meta Platforms, Inc. | 1.69% | 26.7 | 22.1 | 7.9 | 0.30% | 3.45% |
| AVGO | Broadcom Inc. | 1.66% | 43.3 | 19.4 | 17.6 | 0.79% | 2.09% |
| UBER | Uber Technologies, Inc. | 1.64% | 15.4 | 15.9 | 2.6 | — | 5.80% |
| AMD | Advanced Micro Devices, Inc. | 1.61% | 134.9 | 39.5 | 20.9 | — | 0.65% |
| RVMD | Revolution Medicines, Inc. | 1.56% | — | — | 9,035.1 | — | −4.23% |
| ADI | Analog Devices, Inc. | 1.36% | 47.0 | 23.2 | 13.8 | 1.11% | 1.58% |
| EOG | EOG Resources, Inc. | 0.90% | 12.3 | 10.1 | 3.1 | 2.58% | 3.99% |
| LRCX | Lam Research Corporation | 0.69% | 45.8 | 33.7 | 14.2 | 0.50% | 0.82% |
| VKTX | Viking Therapeutics, Inc. | 0.67% | — | — | — | — | — |
| FGXXX | First American Funds Inc. - Government Obligations Fund | 0.48% | — | — | — | — | — |
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 DUNK valuation
Adding up its 23 holdings with company data, DUNK trades at 53.8 times trailing earnings and 28.9 times analysts' forward estimates, with a price-to-book ratio of 12.99 and a dividend yield of 0.53%. Its earnings yield of 1.86% is 3.47 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 69.2% of the fund and earn 55.0% of its combined profit. By sector, Healthcare is the most expensive at 72.3 times earnings and Energy the cheapest at 12.3. Companies that lost money over the past year are 11.7% 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 98.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: DUNK chart, DUNK performance, DUNK holdings.
DUNK valuation FAQ
What is the P/E ratio of DUNK?
Based on its holdings, DUNK has a trailing P/E of 53.8 and a forward P/E of 28.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of DUNK?
The trailing earnings yield is 1.86% (1 ÷ P/E) and the forward earnings yield 3.45%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is DUNK more expensive than the S&P 500?
DUNK trades at 53.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 28.9 and 19.9.
What is the price-to-book ratio of DUNK?
The holdings of DUNK trade at 12.99 times book value, with a combined return on equity of 24.2%.
Which sector in DUNK has the highest P/E?
Healthcare has the highest P/E at 72.3 and Energy the lowest at 12.3.