U.S. Small Cap Growth Portfolio: ETF Class… (DUSG) Valuation
DUSG valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 27.3 trailing earnings
- Forward P/E
- 16.4 analyst estimates
- Price / sales
- 1.61
- Price / book
- 4.96
- EV / EBITDA
- 13.9
- Earnings yield
- 3.66% inverse of P/E
- Dividend yield
- 0.82% of the holdings
- Return on equity
- 18.1% combined
- Net margin
- 5.9% combined
- Beta
- 1.07 weighted, vs S&P 500
DUSG valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| DUSG | 27.3 | 16.4 | 1.61 | 4.96 | 0.82% | 18.1% | 5.9% | 6.6% |
| 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.
DUSG valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Industrials | 21.9% | 27.2 | 19.1 | 1.63 | 4.72 | 0.86% | 17.3% |
| Technology | 19.1% | 33.5 | 16.3 | 3.00 | 5.69 | 0.30% | 17.0% |
| Consumer Cyclical | 17.4% | 23.4 | 14.4 | 1.16 | 5.42 | 1.10% | 23.2% |
| Healthcare | 12.9% | 37.2 | 19.6 | 2.56 | 6.04 | 0.12% | 16.2% |
| Financial Services | 10.1% | 19.5 | 13.3 | 1.27 | 4.26 | 1.66% | 21.8% |
| Basic Materials | 5.5% | 26.2 | 15.4 | 2.08 | 3.97 | 0.72% | 15.1% |
| Consumer Defensive | 5.2% | 25.1 | 15.9 | 0.78 | 4.06 | 0.96% | 16.2% |
| Energy | 3.5% | 19.2 | 16.6 | 1.59 | 3.92 | 2.18% | 20.4% |
| Communication Services | 3.0% | 99.9 | 15.4 | 1.52 | 5.69 | 0.98% | 5.7% |
| Real Estate | 0.3% | 21.9 | 12.1 | 1.69 | 2.49 | 1.38% | 11.4% |
| Utilities | 0.3% | 57.8 | 25.9 | 1.52 | 2.49 | 0.32% | 4.3% |
| Services | 0.0% | 14.2 | 15.3 | 1.60 | 2.99 | 2.71% | 21.0% |
DUSG 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 DUSG weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
DUSG largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| MEDP | Medpace Holdings, Inc. | 0.75% | 36.3 | 31.9 | 6.2 | — | 0.58% |
| HALO | Halozyme Therapeutics, Inc. | 0.74% | 35.6 | 11.5 | 8.3 | — | 0.59% |
| CCK | Crown Holdings, Inc. | 0.72% | 16.4 | 12.1 | 0.9 | 1.15% | 1.23% |
| FIVE | Five Below, Inc. | 0.68% | 20.0 | 22.1 | 2.3 | — | 0.97% |
| STRL | Sterling Infrastructure, Inc. | 0.65% | 30.6 | 19.6 | 3.8 | — | 0.61% |
| MANH | Manhattan Associates, Inc. | 0.64% | 63.8 | 40.3 | 11.5 | — | 0.28% |
| EXEL | Exelixis, Inc. | 0.62% | 19.6 | 13.6 | 6.3 | — | 0.90% |
| TXRH | Texas Roadhouse, Inc. | 0.61% | 26.9 | 21.0 | 1.8 | 1.78% | 0.64% |
| EAT | Brinker International, Inc. | 0.60% | 18.8 | 16.2 | 1.5 | — | 0.91% |
| ALLE | Allegion plc | 0.59% | 20.5 | 15.9 | 3.1 | 1.41% | 0.82% |
| IESC | IES Holdings, Inc. | 0.59% | 22.4 | 208.3 | 2.7 | — | 0.75% |
| DT | Dynatrace, Inc. | 0.57% | 122.2 | 29.6 | 8.5 | — | 0.13% |
| SEIC | SEI Investments Company | 0.57% | 18.4 | 15.8 | 5.1 | 1.00% | 0.88% |
| MUSA | Murphy USA Inc. | 0.56% | 16.7 | 17.1 | 0.5 | 0.47% | 0.96% |
| AIT | Applied Industrial Technologies, Inc. | 0.56% | 30.2 | 27.8 | 2.4 | 0.62% | 0.53% |
| HAS | Hasbro, Inc. | 0.56% | 17.8 | 13.5 | 2.8 | 2.84% | 0.90% |
| EHC | Encompass Health Corporation | 0.56% | 21.4 | 18.9 | 2.0 | 0.66% | 0.74% |
| BJ | BJ's Wholesale Club Holdings, Inc. | 0.55% | 21.7 | 19.2 | 0.6 | — | 0.73% |
| JKHY | Jack Henry & Associates, Inc. | 0.55% | 21.9 | 20.2 | 4.2 | 1.59% | 0.71% |
| SCI | Service Corporation International | 0.55% | 21.3 | 16.9 | 2.5 | 1.77% | 0.73% |
| ALSN | Allison Transmission Holdings, Inc. | 0.54% | 17.8 | 10.2 | 2.1 | 1.04% | 0.87% |
| BSY | Bentley Systems, Incorporated | 0.54% | 38.9 | 20.0 | 6.7 | 0.79% | 0.39% |
| DKNG | DraftKings Inc. | 0.54% | — | 12.6 | 1.5 | — | −0.28% |
| DCI | Donaldson Company, Inc. | 0.52% | 22.8 | 19.9 | 2.6 | 1.41% | 0.65% |
| AM | Antero Midstream Corporation | 0.51% | 24.9 | 12.9 | 7.5 | 4.36% | 0.58% |
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 DUSG valuation
Adding up its 512 holdings with company data, DUSG trades at 27.3 times trailing earnings and 16.4 times analysts' forward estimates, with a price-to-book ratio of 4.96 and a dividend yield of 0.82%. Its earnings yield of 3.66% is 1.67 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 6.6% of the fund and earn 7.5% of its combined profit. By sector, Communication Services is the most expensive at 99.9 times earnings and Services the cheapest at 14.2. Companies that lost money over the past year are 6.6% 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 96.5% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: DUSG chart, DUSG holdings, DUSG dividends.
DUSG valuation FAQ
What is the P/E ratio of DUSG?
Based on its holdings, DUSG has a trailing P/E of 27.3 and a forward P/E of 16.4 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of DUSG?
The trailing earnings yield is 3.66% (1 ÷ P/E) and the forward earnings yield 6.10%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is DUSG more expensive than the S&P 500?
DUSG trades at 27.3 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 16.4 and 19.9.
What is the price-to-book ratio of DUSG?
The holdings of DUSG trade at 4.96 times book value, with a combined return on equity of 18.1%.
Which sector in DUSG has the highest P/E?
Communication Services has the highest P/E at 99.9 and Services the lowest at 14.2.