Intech S&P Large Cap Diversified Alpha ETF (LGDX) Valuation
LGDX valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 24.0 trailing earnings
- Forward P/E
- 18.0 analyst estimates
- Price / sales
- 2.86
- Price / book
- 5.30
- EV / EBITDA
- 16.7
- Earnings yield
- 4.16% inverse of P/E
- Dividend yield
- 1.14% of the holdings
- Return on equity
- 22.1% combined
- Net margin
- 11.9% combined
- Beta
- 1.17 weighted, vs S&P 500
LGDX valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| LGDX | 24.0 | 18.0 | 2.86 | 5.30 | 1.14% | 22.1% | 11.9% | 2.0% |
| 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.
LGDX valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 38.9% | 31.2 | 21.9 | 9.21 | 12.25 | 0.54% | 39.3% |
| Communication Services | 10.1% | 17.4 | 19.5 | 5.29 | 4.99 | 0.63% | 28.6% |
| Financial Services | 10.0% | 12.8 | 12.7 | 2.70 | 2.38 | 1.72% | 18.5% |
| Healthcare | 9.6% | 30.2 | 17.8 | 1.38 | 4.92 | 1.47% | 16.3% |
| Consumer Cyclical | 8.7% | 36.8 | 16.3 | 1.38 | 4.46 | 0.87% | 12.1% |
| Industrials | 8.0% | 25.6 | 20.0 | 2.26 | 6.87 | 1.49% | 26.8% |
| Consumer Defensive | 4.7% | 27.1 | 18.4 | 1.25 | 8.79 | 2.65% | 32.4% |
| Energy | 3.1% | 15.3 | 9.3 | 1.50 | 2.49 | 2.01% | 16.3% |
| Utilities | 3.0% | 16.0 | 12.8 | 2.16 | 1.77 | 2.95% | 11.1% |
| Real Estate | 2.5% | 43.3 | 33.6 | 3.96 | 4.90 | 2.61% | 11.3% |
| Basic Materials | 0.9% | 20.0 | 14.7 | 3.01 | 3.02 | 1.43% | 15.1% |
LGDX 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 LGDX weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
LGDX largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 8.28% | 27.1 | 24.9 | 17.1 | 0.47% | 7.38% |
| AAPL | Apple Inc. | 5.65% | 39.4 | 35.2 | 10.7 | 0.31% | 3.46% |
| MSFT | Microsoft Corporation | 4.40% | 29.5 | 25.1 | 11.8 | 0.74% | 3.60% |
| GOOGL | Alphabet Inc. | 3.94% | 17.1 | 22.8 | 9.3 | 0.26% | 5.56% |
| GOOG | Alphabet Inc. | 3.26% | 16.9 | 21.8 | 9.2 | 0.26% | 4.66% |
| AVGO | Broadcom Inc. | 3.05% | 43.3 | 19.4 | 17.6 | 0.79% | 1.70% |
| AMZN | Amazon.com, Inc. | 2.69% | 20.1 | 23.6 | 3.5 | — | 3.22% |
| LLY | Eli Lilly and Company | 1.98% | 42.2 | 24.4 | 14.1 | 0.55% | 1.13% |
| MU | Micron Technology, Inc. | 1.85% | 11.8 | 7.0 | 7.5 | 0.07% | 3.78% |
| AMD | Advanced Micro Devices, Inc. | 1.79% | 134.9 | 39.5 | 20.9 | — | 0.32% |
| UNH | UnitedHealth Group Incorporated | 1.61% | 25.8 | 16.6 | 0.8 | 2.31% | 1.51% |
| CSCO | Cisco Systems, Inc. | 1.58% | 32.2 | 19.8 | 6.7 | 1.56% | 1.18% |
| META | Meta Platforms, Inc. | 1.44% | 26.7 | 22.1 | 7.9 | 0.30% | 1.30% |
| GS | The Goldman Sachs Group, Inc. | 1.14% | 12.7 | 12.8 | 3.6 | 2.27% | 2.16% |
| PLTR | Palantir Technologies Inc. | 1.12% | 160.4 | 85.5 | 72.6 | — | 0.17% |
| MMM | 3M Company | 1.11% | 29.3 | 17.8 | 3.4 | 1.89% | 0.92% |
| TSLA | Tesla, Inc. | 1.11% | 328.4 | 158.7 | 13.5 | — | 0.08% |
| LMT | Lockheed Martin Corporation | 1.08% | 20.3 | 16.2 | 1.7 | 2.61% | 1.28% |
| INTC | Intel Corporation | 1.05% | — | 63.3 | 8.3 | — | −0.60% |
| AXP | American Express Company | 0.95% | 19.0 | 15.1 | 3.0 | 1.21% | 1.20% |
| JNJ | Johnson & Johnson | 0.91% | 38.8 | 21.0 | 6.2 | 2.10% | 0.56% |
| ALL | The Allstate Corporation | 0.85% | 5.0 | 8.3 | 0.9 | 1.74% | 4.13% |
| C | Citigroup Inc. | 0.85% | 12.1 | 10.2 | 2.5 | 2.16% | 1.69% |
| CL | Colgate-Palmolive Company | 0.84% | 37.1 | 21.0 | 3.6 | 2.25% | 0.55% |
| JPM | JPMorgan Chase & Co. | 0.83% | 14.2 | 13.5 | 4.7 | 1.94% | 1.41% |
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 LGDX valuation
Adding up its 290 holdings with company data, LGDX trades at 24.0 times trailing earnings and 18.0 times analysts' forward estimates, with a price-to-book ratio of 5.30 and a dividend yield of 1.14%. Its earnings yield of 4.16% is 1.17 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 36.9% of the fund and earn 34.8% of its combined profit. By sector, Real Estate is the most expensive at 43.3 times earnings and Financial Services the cheapest at 12.8. Companies that lost money over the past year are 2.0% 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 99.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: LGDX chart, LGDX performance, LGDX holdings, LGDX dividends.
LGDX valuation FAQ
What is the P/E ratio of LGDX?
Based on its holdings, LGDX has a trailing P/E of 24.0 and a forward P/E of 18.0 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of LGDX?
The trailing earnings yield is 4.16% (1 ÷ P/E) and the forward earnings yield 5.54%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is LGDX more expensive than the S&P 500?
LGDX trades at 24.0 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 18.0 and 19.9.
What is the price-to-book ratio of LGDX?
The holdings of LGDX trade at 5.30 times book value, with a combined return on equity of 22.1%.
Which sector in LGDX has the highest P/E?
Real Estate has the highest P/E at 43.3 and Financial Services the lowest at 12.8.