Liberty One Defensive Dividend Growth ETF (EASY) Valuation
EASY valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 24.2 trailing earnings
- Forward P/E
- 19.0 analyst estimates
- Price / sales
- 1.22
- Price / book
- 4.65
- EV / EBITDA
- 14.8
- Earnings yield
- 4.13% inverse of P/E
- Dividend yield
- 2.00% of the holdings
- Return on equity
- 19.2% combined
- Net margin
- 5.1% combined
- Beta
- 0.49 weighted, vs S&P 500
EASY valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| EASY | 24.2 | 19.0 | 1.22 | 4.65 | 2.00% | 19.2% | 5.1% | 0.0% |
| 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.
EASY valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Healthcare | 21.4% | 32.6 | 19.4 | 0.49 | 7.19 | 1.18% | 22.1% |
| Consumer Defensive | 15.8% | 27.0 | 17.4 | 0.83 | 5.23 | 2.68% | 19.3% |
| Industrials | 12.7% | 24.7 | 21.3 | 2.75 | 5.49 | 1.57% | 22.2% |
| Consumer Cyclical | 12.6% | 26.6 | 22.9 | 2.60 | 10.41 | 1.89% | 39.2% |
| Utilities | 12.3% | 21.0 | 17.5 | 3.61 | 2.06 | 3.18% | 9.8% |
| Technology | 9.9% | 32.7 | 24.5 | 8.12 | 13.13 | 0.90% | 40.2% |
| Real Estate | 4.2% | 25.5 | 24.6 | 7.89 | 21.39 | 3.86% | 83.9% |
| Basic Materials | 4.0% | 32.2 | 23.6 | 6.48 | 5.48 | 1.28% | 17.0% |
| Financial Services | 4.0% | 12.7 | 11.6 | 2.24 | 1.72 | 1.13% | 13.5% |
| Communication Services | 3.3% | 7.7 | 9.9 | 1.26 | 1.57 | 4.74% | 20.3% |
EASY 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 EASY weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
EASY largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| CAH | Cardinal Health, Inc. | 5.23% | 35.1 | 17.7 | 0.2 | 0.81% | 3.60% |
| MSI | Motorola Solutions, Inc. | 5.11% | 36.5 | 23.9 | 6.3 | 1.05% | 3.39% |
| MSFT | Microsoft Corporation | 4.83% | 29.5 | 25.1 | 11.8 | 0.74% | 3.96% |
| CASY | Casey's General Stores, Inc. | 4.30% | 33.2 | 29.1 | 1.4 | 0.38% | 3.13% |
| RSG | Republic Services, Inc. | 4.29% | 32.8 | 26.3 | 4.2 | 1.16% | 3.16% |
| ROL | Rollins, Inc. | 4.27% | 30.4 | 25.9 | 4.1 | 2.18% | 3.40% |
| WM | Waste Management, Inc. | 4.27% | 32.1 | 22.5 | 3.5 | 1.67% | 3.21% |
| AMT | American Tower Corporation | 4.22% | 25.5 | 24.6 | 7.9 | 3.86% | 4.00% |
| MCK | McKesson Corporation | 4.22% | 26.9 | 19.7 | 0.3 | 0.37% | 3.78% |
| LLY | Eli Lilly and Company | 4.14% | 42.2 | 24.4 | 14.1 | 0.55% | 2.37% |
| SO | The Southern Company | 4.13% | 22.0 | 17.0 | 3.5 | 3.33% | 4.54% |
| NOC | Northrop Grumman Corporation | 4.10% | 16.5 | 17.0 | 1.7 | 1.90% | 5.99% |
| AWK | American Water Works Company, Inc. | 4.10% | 23.4 | 20.0 | 5.1 | 2.65% | 4.23% |
| MCD | McDonald's Corporation | 4.05% | 19.7 | 17.1 | 6.2 | 3.18% | 4.96% |
| LIN | Linde plc | 4.03% | 32.2 | 23.6 | 6.5 | 1.28% | 3.03% |
| DUK | Duke Energy Corporation | 4.03% | 18.3 | 15.9 | 2.9 | 3.57% | 5.32% |
| UNH | UnitedHealth Group Incorporated | 4.03% | 25.8 | 16.6 | 0.8 | 2.31% | 3.77% |
| MDLZ | Mondelez International, Inc. | 4.03% | 23.5 | 18.2 | 2.1 | 3.25% | 4.14% |
| CB | Chubb Limited | 3.97% | 12.7 | 11.6 | 2.2 | 1.13% | 7.53% |
| PG | The Procter & Gamble Company | 3.94% | 24.1 | 21.2 | 4.3 | 2.73% | 3.95% |
| KR | The Kroger Co. | 3.93% | 35.4 | 11.3 | 0.3 | 2.45% | 2.69% |
| KO | The Coca-Cola Company | 3.88% | 28.2 | 25.3 | 8.1 | 2.26% | 3.32% |
| JNJ | Johnson & Johnson | 3.76% | 38.8 | 21.0 | 6.2 | 2.10% | 2.34% |
| T | AT&T Inc. | 3.26% | 7.7 | 9.9 | 1.3 | 4.74% | 10.19% |
| FXFXX | First American Funds Inc. - Treasury Obligations Fund | 0.42% | — | — | — | — | — |
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 EASY valuation
Adding up its 24 holdings with company data, EASY trades at 24.2 times trailing earnings and 19.0 times analysts' forward estimates, with a price-to-book ratio of 4.65 and a dividend yield of 2.00%. Its earnings yield of 4.13% is 1.19 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 44.9% of the fund and earn 34.0% of its combined profit. By sector, Technology is the most expensive at 32.7 times earnings and Communication Services the cheapest at 7.7. Companies that lost money over the past year are 0.0% 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 99.6% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: EASY chart, EASY performance, EASY holdings, EASY dividends.
EASY valuation FAQ
What is the P/E ratio of EASY?
Based on its holdings, EASY has a trailing P/E of 24.2 and a forward P/E of 19.0 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of EASY?
The trailing earnings yield is 4.13% (1 ÷ P/E) and the forward earnings yield 5.27%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is EASY more expensive than the S&P 500?
EASY trades at 24.2 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 19.0 and 19.9.
What is the price-to-book ratio of EASY?
The holdings of EASY trade at 4.65 times book value, with a combined return on equity of 19.2%.
Which sector in EASY has the highest P/E?
Technology has the highest P/E at 32.7 and Communication Services the lowest at 7.7.