Iq Candriam ESG U.S. Mid Cap Equity ETF (IQSM) Valuation
IQSM valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 28.8 trailing earnings
- Forward P/E
- 15.2 analyst estimates
- Price / sales
- 1.49
- Price / book
- 3.01
- EV / EBITDA
- 14.1
- Earnings yield
- 3.47% inverse of P/E
- Dividend yield
- 1.41% of the holdings
- Return on equity
- 10.4% combined
- Net margin
- 5.2% combined
- Beta
- 1.05 weighted, vs S&P 500
IQSM valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| IQSM | 28.8 | 15.2 | 1.49 | 3.01 | 1.41% | 10.4% | 5.2% | 12.9% |
| 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.
IQSM valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 18.9% | 35.8 | 18.3 | 2.41 | 5.64 | 0.21% | 15.7% |
| Industrials | 17.2% | 29.1 | 17.5 | 1.29 | 4.08 | 1.08% | 14.0% |
| Healthcare | 16.7% | 125.1 | 17.5 | 2.45 | 4.12 | 0.19% | 3.3% |
| Financial Services | 12.6% | 13.6 | 9.5 | 0.94 | 1.74 | 2.03% | 12.8% |
| Consumer Cyclical | 9.5% | 19.0 | 13.3 | 0.85 | 2.99 | 1.57% | 15.7% |
| Real Estate | 9.2% | 24.2 | 21.3 | 3.57 | 1.88 | 5.03% | 7.8% |
| Basic Materials | 4.4% | 24.3 | 13.0 | 1.71 | 2.25 | 1.03% | 9.3% |
| Consumer Defensive | 4.2% | 35.5 | 13.6 | 0.86 | 2.56 | 2.58% | 7.2% |
| Communication Services | 3.9% | 82.4 | 14.9 | 1.90 | 3.00 | 0.81% | 3.6% |
| Energy | 1.6% | 16.6 | 12.8 | 1.36 | 2.37 | 2.57% | 14.3% |
| Utilities | 0.8% | n/m | 18.1 | 3.03 | 2.37 | 4.46% | −24.1% |
IQSM 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 IQSM weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
IQSM largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| GH | Guardant Health, Inc. | 0.93% | — | — | 18.0 | — | −0.60% |
| PTC | PTC Inc. | 0.89% | 18.7 | 16.3 | 7.1 | — | 1.41% |
| USFD | US Foods Holding Corp. | 0.89% | 31.4 | 17.0 | 0.5 | — | 0.84% |
| ROKU | Roku, Inc | 0.89% | 65.8 | 39.1 | 4.4 | — | 0.40% |
| VTRS | Viatris Inc. | 0.89% | — | 6.4 | 1.5 | 2.57% | −0.50% |
| BBY | Best Buy Co., Inc. | 0.80% | 15.4 | 13.6 | 0.5 | 4.15% | 1.52% |
| DINO | HF Sinclair Corporation | 0.76% | 11.9 | 10.0 | 0.7 | 1.68% | 1.89% |
| NTNX | Nutanix, Inc. | 0.76% | 12.9 | 29.9 | 6.3 | — | 1.72% |
| ZBRA | Zebra Technologies Corporation | 0.75% | 33.8 | 16.9 | 3.0 | — | 0.65% |
| RVTY | Revvity, Inc. | 0.75% | 73.0 | 24.2 | 5.8 | 0.18% | 0.30% |
| RGA | Reinsurance Group of America, Incorporated | 0.73% | 11.7 | 7.7 | 0.7 | 1.47% | 1.83% |
| ITT | ITT Inc. | 0.72% | 38.8 | 21.6 | 3.7 | 0.78% | 0.55% |
| SNX | TD SYNNEX Corporation | 0.72% | 15.0 | 12.7 | 0.3 | 0.78% | 1.42% |
| DT | Dynatrace, Inc. | 0.72% | 122.2 | 29.6 | 8.5 | — | 0.17% |
| IEX | IDEX Corporation | 0.72% | 33.9 | 24.0 | 4.8 | 1.24% | 0.62% |
| CRL | Charles River Laboratories International, Inc. | 0.68% | — | 22.4 | 3.6 | — | −0.32% |
| BALL | Ball Corporation | 0.67% | 18.0 | 13.2 | 1.2 | 1.27% | 1.10% |
| DOCU | DocuSign, Inc. | 0.67% | 45.5 | 15.1 | 4.2 | — | 0.43% |
| KIM | Kimco Realty Corporation | 0.66% | 27.0 | 27.5 | 7.0 | 4.89% | 0.73% |
| HST | Host Hotels & Resorts, Inc. | 0.66% | 16.2 | 22.2 | 2.7 | 3.34% | 1.21% |
| CHRW | C.H. Robinson Worldwide, Inc. | 0.66% | 26.6 | 21.5 | 1.0 | 1.81% | 0.73% |
| MTSI | MACOM Technology Solutions Holdings, Inc. | 0.66% | 83.5 | 32.3 | 17.2 | — | 0.23% |
| CLH | Clean Harbors, Inc. | 0.66% | 38.8 | 34.5 | 2.7 | — | 0.50% |
| TYL | Tyler Technologies, Inc. | 0.65% | 47.5 | 23.7 | 6.1 | — | 0.41% |
| TRU | TransUnion | 0.63% | 19.5 | 12.8 | 2.9 | 0.67% | 0.96% |
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 IQSM valuation
Adding up its 238 holdings with company data, IQSM trades at 28.8 times trailing earnings and 15.2 times analysts' forward estimates, with a price-to-book ratio of 3.01 and a dividend yield of 1.41%. Its earnings yield of 3.47% is 1.86 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 8.3% of the fund and earn 7.6% of its combined profit. By sector, Healthcare is the most expensive at 125.1 times earnings and Financial Services the cheapest at 13.6. Companies that lost money over the past year are 12.9% 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 97.9% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: IQSM chart, IQSM performance, IQSM holdings, IQSM dividends.
IQSM valuation FAQ
What is the P/E ratio of IQSM?
Based on its holdings, IQSM has a trailing P/E of 28.8 and a forward P/E of 15.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of IQSM?
The trailing earnings yield is 3.47% (1 ÷ P/E) and the forward earnings yield 6.59%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is IQSM more expensive than the S&P 500?
IQSM trades at 28.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 15.2 and 19.9.
What is the price-to-book ratio of IQSM?
The holdings of IQSM trade at 3.01 times book value, with a combined return on equity of 10.4%.
Which sector in IQSM has the highest P/E?
Healthcare has the highest P/E at 125.1 and Financial Services the lowest at 13.6.