IQ Winslow Focused Large Cap Growth ETF (IWFG) Valuation
IWFG valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 33.4 trailing earnings
- Forward P/E
- 25.4 analyst estimates
- Price / sales
- 9.80
- Price / book
- 12.05
- EV / EBITDA
- 22.0
- Earnings yield
- 2.99% inverse of P/E
- Dividend yield
- 0.42% of the holdings
- Return on equity
- 36.0% combined
- Net margin
- 29.3% combined
- Beta
- 1.39 weighted, vs S&P 500
IWFG valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| IWFG | 33.4 | 25.4 | 9.80 | 12.05 | 0.42% | 36.0% | 29.3% | 4.9% |
| 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.
IWFG valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 54.4% | 44.7 | 26.0 | 14.35 | 17.87 | 0.45% | 40.0% |
| Communication Services | 14.3% | 18.7 | 21.9 | 8.86 | 6.74 | 0.27% | 36.1% |
| Consumer Cyclical | 9.2% | 24.5 | 25.0 | 4.52 | 6.91 | 0.05% | 28.1% |
| Industrials | 6.5% | 32.3 | 31.8 | 5.06 | 11.87 | 0.52% | 36.8% |
| Financial Services | 6.4% | 34.1 | 24.1 | 16.09 | 33.96 | 0.61% | 99.6% |
| Healthcare | 4.4% | 41.7 | 24.2 | 10.06 | 7.40 | 0.60% | 17.7% |
| Basic Materials | 1.5% | 38.8 | 29.7 | 4.81 | 7.71 | 1.01% | 19.9% |
IWFG 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 IWFG weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
IWFG largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 15.07% | 27.1 | 24.9 | 17.1 | 0.47% | 19.24% |
| GOOG | Alphabet Inc. | 10.64% | 16.9 | 21.8 | 9.2 | 0.26% | 21.75% |
| AMZN | Amazon.com, Inc. | 6.44% | 20.1 | 23.6 | 3.5 | — | 11.08% |
| MSFT | Microsoft Corporation | 5.83% | 29.5 | 25.1 | 11.8 | 0.74% | 6.84% |
| AAPL | Apple Inc. | 4.91% | 39.4 | 35.2 | 10.7 | 0.31% | 4.31% |
| STX | Seagate Technology Holdings plc | 4.59% | 46.0 | 25.7 | 11.9 | 0.46% | 3.45% |
| AVGO | Broadcom Inc. | 4.10% | 43.3 | 19.4 | 17.6 | 0.79% | 3.27% |
| META | Meta Platforms, Inc. | 3.70% | 26.7 | 22.1 | 7.9 | 0.30% | 4.79% |
| MA | Mastercard Incorporated | 3.49% | 34.0 | 24.2 | 15.4 | 0.56% | 3.55% |
| GEV | GE Vernova Inc. | 3.42% | 26.4 | 38.8 | 5.9 | 0.22% | 4.47% |
| ANET | Arista Networks, Inc. | 3.33% | 55.8 | 39.2 | 21.2 | — | 2.06% |
| SNOW | Snowflake Inc. | 3.02% | — | 169.5 | 19.9 | — | −1.08% |
| LLY | Eli Lilly and Company | 2.93% | 42.2 | 24.4 | 14.1 | 0.55% | 2.40% |
| V | Visa Inc. | 2.90% | 34.3 | 24.0 | 17.0 | 0.67% | 2.93% |
| ADI | Analog Devices, Inc. | 2.90% | 47.0 | 23.2 | 13.8 | 1.11% | 2.13% |
| HLT | Hilton Worldwide Holdings Inc. | 2.76% | 50.6 | 28.7 | 15.2 | 0.17% | 1.89% |
| ASML | ASML Holding N.V. | 2.23% | 40.4 | 28.9 | 16.0 | 0.55% | 1.91% |
| JCI | Johnson Controls International plc | 2.15% | 41.1 | 23.9 | 3.5 | 1.10% | 1.81% |
| APH | Amphenol Corporation | 1.97% | 39.7 | 24.6 | 6.7 | 0.63% | 1.72% |
| GCP | General Electric Company | 1.92% | — | — | — | — | — |
| SNDK | Sandisk Corporation | 1.88% | 17.6 | 8.0 | 9.3 | — | 3.68% |
| PLTR | Palantir Technologies Inc. | 1.87% | 160.4 | 85.5 | 72.6 | — | 0.40% |
| LITE | Lumentum Holdings Inc. | 1.75% | — | 42.9 | 24.8 | — | −6.82% |
| ECL | Ecolab Inc. | 1.52% | 38.8 | 29.7 | 4.8 | 1.01% | 1.35% |
| DHR | Danaher Corporation | 1.47% | 40.8 | 23.8 | 6.4 | 0.70% | 1.25% |
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 IWFG valuation
Adding up its 26 holdings with company data, IWFG trades at 33.4 times trailing earnings and 25.4 times analysts' forward estimates, with a price-to-book ratio of 12.05 and a dividend yield of 0.42%. Its earnings yield of 2.99% is 2.34 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 62.2% of the fund and earn 82.8% of its combined profit. By sector, Technology is the most expensive at 44.7 times earnings and Communication Services the cheapest at 18.7. Companies that lost money over the past year are 4.9% 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 98.1% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: IWFG chart, IWFG performance, IWFG holdings.
IWFG valuation FAQ
What is the P/E ratio of IWFG?
Based on its holdings, IWFG has a trailing P/E of 33.4 and a forward P/E of 25.4 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of IWFG?
The trailing earnings yield is 2.99% (1 ÷ P/E) and the forward earnings yield 3.94%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is IWFG more expensive than the S&P 500?
IWFG trades at 33.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 25.4 and 19.9.
What is the price-to-book ratio of IWFG?
The holdings of IWFG trade at 12.05 times book value, with a combined return on equity of 36.0%.
Which sector in IWFG has the highest P/E?
Technology has the highest P/E at 44.7 and Communication Services the lowest at 18.7.