Kovitz Core Equity ETF (EQTY) Valuation
EQTY valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 26.2 trailing earnings
- Forward P/E
- 19.2 analyst estimates
- Price / sales
- 3.63
- Price / book
- 4.58
- EV / EBITDA
- 16.2
- Earnings yield
- 3.81% inverse of P/E
- Dividend yield
- 0.90% of the holdings
- Return on equity
- 17.4% combined
- Net margin
- 13.8% combined
- Beta
- 1.05 weighted, vs S&P 500
EQTY valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| EQTY | 26.2 | 19.2 | 3.63 | 4.58 | 0.90% | 17.4% | 13.8% | 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.
EQTY valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 23.9% | 21.2 | 16.9 | 5.89 | 4.31 | 1.02% | 20.4% |
| Technology | 23.0% | 37.0 | 24.0 | 9.45 | 9.33 | 0.63% | 25.3% |
| Healthcare | 14.0% | 42.5 | 19.4 | 5.38 | 2.22 | 0.24% | 5.2% |
| Industrials | 12.4% | 31.3 | 16.8 | 1.82 | 3.88 | 1.37% | 12.4% |
| Communication Services | 9.4% | 20.4 | 21.1 | 7.86 | 7.41 | 0.21% | 36.3% |
| Consumer Cyclical | 7.5% | 19.9 | 21.9 | 0.94 | 3.40 | 0.61% | 17.1% |
| Consumer Defensive | 4.3% | 29.5 | 20.9 | 7.52 | 1,318.70 | 3.12% | 4,472.8% |
| Energy | 2.1% | 12.3 | 10.1 | 3.15 | 2.33 | 2.58% | 19.0% |
EQTY 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 EQTY weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
EQTY largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| MSFT | Microsoft Corporation | 5.16% | 29.5 | 25.1 | 11.8 | 0.74% | 4.92% |
| V | Visa Inc. | 5.11% | 34.3 | 24.0 | 17.0 | 0.67% | 4.20% |
| WAT | Waters Corporation | 4.58% | 110.6 | 24.8 | 9.2 | — | 1.16% |
| AON | Aon plc | 4.32% | 16.1 | 13.5 | 3.5 | 1.12% | 7.54% |
| PM | Philip Morris International Inc. | 4.28% | 29.5 | 20.9 | 7.5 | 3.12% | 4.08% |
| ICE | Intercontinental Exchange, Inc. | 4.25% | 22.8 | 18.1 | 8.6 | 1.29% | 5.24% |
| SCHW | The Charles Schwab Corporation | 4.13% | 15.7 | 12.9 | 5.9 | 1.39% | 7.39% |
| ADI | Analog Devices, Inc. | 3.91% | 47.0 | 23.2 | 13.8 | 1.11% | 2.34% |
| CARR | Carrier Global Corporation | 3.72% | 39.9 | 16.3 | 2.1 | 1.75% | 2.62% |
| DHR | Danaher Corporation | 3.68% | 40.8 | 23.8 | 6.4 | 0.70% | 2.53% |
| GOOG | Alphabet Inc. | 3.49% | 16.9 | 21.8 | 9.2 | 0.26% | 5.81% |
| SUNB | Sunbelt Rentals Holdings, Inc. | 3.46% | 23.0 | 18.1 | 2.7 | 1.38% | 4.24% |
| ALC | Alcon AG | 3.39% | — | — | — | — | — |
| J | Jacobs Engineering Group Inc. | 3.33% | 46.9 | 16.9 | 1.2 | 1.02% | 2.00% |
| MSI | Motorola Solutions, Inc. | 3.25% | 36.5 | 23.9 | 6.3 | 1.05% | 2.50% |
| AMZN | Amazon.com, Inc. | 3.10% | 20.1 | 23.6 | 3.5 | — | 4.33% |
| SPGI | S&P Global Inc. | 3.01% | 26.1 | 19.9 | 7.9 | 0.90% | 3.24% |
| META | Meta Platforms, Inc. | 2.93% | 26.7 | 22.1 | 7.9 | 0.30% | 3.09% |
| COO | The Cooper Companies, Inc. | 2.34% | 19.9 | 11.3 | 2.6 | — | 3.31% |
| CRM | Salesforce, Inc. | 2.27% | 22.0 | 14.0 | 4.5 | 0.73% | 2.90% |
| NFLX | Netflix, Inc. | 2.24% | 22.2 | 18.7 | 6.1 | — | 2.84% |
| KEYS | Keysight Technologies, Inc. | 2.13% | 44.8 | 22.4 | 8.6 | — | 1.34% |
| EOG | EOG Resources, Inc. | 2.12% | 12.3 | 10.1 | 3.1 | 2.58% | 4.86% |
| PCAR | PACCAR Inc | 1.84% | 23.3 | 15.1 | 2.1 | 1.26% | 2.22% |
| LOW | Lowe's Companies, Inc. | 1.80% | 16.7 | 15.6 | 1.2 | 2.53% | 3.04% |
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 EQTY valuation
Adding up its 36 holdings with company data, EQTY trades at 26.2 times trailing earnings and 19.2 times analysts' forward estimates, with a price-to-book ratio of 4.58 and a dividend yield of 0.90%. Its earnings yield of 3.81% is 1.52 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 43.1% of the fund and earn 42.0% of its combined profit. By sector, Healthcare is the most expensive at 42.5 times earnings and Energy the cheapest at 12.3. 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 96.5% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: EQTY chart, EQTY performance, EQTY holdings, EQTY dividends.
EQTY valuation FAQ
What is the P/E ratio of EQTY?
Based on its holdings, EQTY has a trailing P/E of 26.2 and a forward P/E of 19.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of EQTY?
The trailing earnings yield is 3.81% (1 ÷ P/E) and the forward earnings yield 5.21%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is EQTY more expensive than the S&P 500?
EQTY trades at 26.2 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 19.2 and 19.9.
What is the price-to-book ratio of EQTY?
The holdings of EQTY trade at 4.58 times book value, with a combined return on equity of 17.4%.
Which sector in EQTY has the highest P/E?
Healthcare has the highest P/E at 42.5 and Energy the lowest at 12.3.