Wedbush Series ETF (IVEP) Valuation
IVEP valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 46.1 trailing earnings
- Forward P/E
- 22.6 analyst estimates
- Price / sales
- 3.81
- Price / book
- 4.76
- EV / EBITDA
- 19.8
- Earnings yield
- 2.17% inverse of P/E
- Dividend yield
- 1.40% of the holdings
- Return on equity
- 10.3% combined
- Net margin
- 8.3% combined
- Beta
- 1.20 weighted, vs S&P 500
IVEP valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| IVEP | 46.1 | 22.6 | 3.81 | 4.76 | 1.40% | 10.3% | 8.3% | 4.6% |
| 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.
IVEP valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Industrials | 36.2% | 282.3 | 27.5 | 4.37 | 7.80 | 0.53% | 2.8% |
| Utilities | 24.4% | 27.6 | 15.1 | 2.46 | 3.51 | 1.70% | 12.7% |
| Energy | 15.9% | 22.1 | 21.0 | 3.47 | 3.16 | 2.71% | 14.3% |
| Technology | 9.0% | 65.1 | 34.7 | 10.17 | 9.08 | 0.37% | 13.9% |
| Real Estate | 8.3% | 72.2 | 57.9 | 9.83 | 3.85 | 2.41% | 5.3% |
| Basic Materials | 2.6% | 29.9 | 28.1 | 10.72 | 13.50 | 2.19% | 45.1% |
IVEP 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 IVEP weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
IVEP largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NEE | NextEra Energy, Inc. | 4.80% | 17.9 | 17.7 | 5.8 | 3.12% | 14.30% |
| SO | The Southern Company | 4.75% | 22.0 | 17.0 | 3.5 | 3.33% | 11.54% |
| KMI | Kinder Morgan, Inc. | 4.40% | 22.1 | 20.0 | 4.2 | 3.45% | 10.65% |
| EQIX | Equinix, Inc. | 4.40% | 63.4 | 52.1 | 9.8 | 2.09% | 3.70% |
| WMB | The Williams Companies, Inc. | 4.31% | 28.4 | 26.8 | 7.1 | 2.95% | 8.10% |
| SBGSY | Schneider Electric SA | 4.09% | — | — | — | — | — |
| BKR | Baker Hughes Company | 4.04% | 17.9 | 18.0 | 2.0 | 1.65% | 12.05% |
| CEG | Constellation Energy Corporation | 4.00% | 26.5 | 20.7 | 3.1 | 0.63% | 8.06% |
| DLR | Digital Realty Trust, Inc. | 3.93% | 85.4 | 66.2 | 9.8 | 2.77% | 2.46% |
| ETN | Eaton Corporation plc | 3.91% | 39.8 | 27.6 | 5.1 | 1.12% | 5.25% |
| JCI | Johnson Controls International plc | 3.90% | 41.1 | 23.9 | 3.5 | 1.10% | 5.07% |
| GEV | GE Vernova Inc. | 3.62% | 26.4 | 38.8 | 5.9 | 0.22% | 7.32% |
| PWR | Quanta Services, Inc. | 3.61% | 72.4 | 33.0 | 2.9 | 0.07% | 2.66% |
| VRT | Vertiv Holdings Co | 3.60% | 46.7 | 27.8 | 6.9 | 0.12% | 4.11% |
| MPWR | Monolithic Power Systems, Inc. | 3.53% | 73.7 | 38.8 | 18.2 | 0.66% | 2.56% |
| VST | Vistra Corp. | 3.29% | 25.6 | 13.3 | 2.7 | 0.61% | 6.86% |
| CCO | Cameco Corp | 3.11% | — | — | — | — | — |
| HUBB | Hubbell Incorporated | 3.05% | 27.3 | 20.7 | 3.9 | 1.23% | 5.97% |
| BE | Bloom Energy Corporation | 2.83% | 291.2 | 57.1 | 20.9 | — | 0.52% |
| CLS | Celestica Inc. | 2.75% | — | — | — | — | — |
| NRG | NRG Energy, Inc. | 2.72% | 27.2 | 9.0 | 0.7 | 1.83% | 5.36% |
| COHR | Coherent, Inc. | 2.68% | 56.5 | 30.5 | 6.4 | — | 2.53% |
| SCCO | Southern Copper Corporation | 2.60% | 29.9 | 28.1 | 10.7 | 2.19% | 4.64% |
| TLN | Talen Energy Corporation | 2.59% | — | 9.9 | 4.5 | — | −1.61% |
| BWXT | BWX Technologies, Inc. | 2.39% | 35.5 | 27.0 | 3.6 | 0.77% | 3.59% |
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 IVEP valuation
Adding up its 26 holdings with company data, IVEP trades at 46.1 times trailing earnings and 22.6 times analysts' forward estimates, with a price-to-book ratio of 4.76 and a dividend yield of 1.40%. Its earnings yield of 2.17% is 3.16 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 42.6% of the fund and earn 81.2% of its combined profit. By sector, Industrials is the most expensive at 282.3 times earnings and Energy the cheapest at 22.1. Companies that lost money over the past year are 4.6% 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 89.7% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: IVEP chart, IVEP holdings.
IVEP valuation FAQ
What is the P/E ratio of IVEP?
Based on its holdings, IVEP has a trailing P/E of 46.1 and a forward P/E of 22.6 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of IVEP?
The trailing earnings yield is 2.17% (1 ÷ P/E) and the forward earnings yield 4.42%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is IVEP more expensive than the S&P 500?
IVEP trades at 46.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 22.6 and 19.9.
What is the price-to-book ratio of IVEP?
The holdings of IVEP trade at 4.76 times book value, with a combined return on equity of 10.3%.
Which sector in IVEP has the highest P/E?
Industrials has the highest P/E at 282.3 and Energy the lowest at 22.1.