VictoryShares WestEnd U.S. Sector ETF (MODL) Valuation
MODL valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 26.2 trailing earnings
- Forward P/E
- 18.9 analyst estimates
- Price / sales
- 3.67
- Price / book
- 4.86
- EV / EBITDA
- 16.6
- Earnings yield
- 3.82% inverse of P/E
- Dividend yield
- 1.16% of the holdings
- Return on equity
- 18.6% combined
- Net margin
- 14.0% combined
- Beta
- 1.09 weighted, vs S&P 500
MODL valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| MODL | 26.2 | 18.9 | 3.67 | 4.86 | 1.16% | 18.6% | 14.0% | 5.0% |
| 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.
MODL valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 32.3% | 33.8 | 23.2 | 8.82 | 12.23 | 0.51% | 36.2% |
| Healthcare | 18.1% | 44.9 | 18.0 | 2.29 | 6.21 | 1.45% | 13.8% |
| Communication Services | 14.4% | 18.5 | 19.2 | 5.08 | 5.15 | 0.65% | 27.8% |
| Utilities | 10.4% | 19.9 | 15.5 | 2.82 | 2.12 | 2.94% | 10.7% |
| Financial Services | 10.1% | 15.9 | 14.6 | 3.49 | 2.38 | 1.48% | 15.0% |
| Consumer Cyclical | 5.5% | 29.5 | 22.6 | 2.51 | 5.68 | 0.90% | 19.3% |
| Industrials | 5.0% | 25.7 | 18.0 | 1.90 | 5.02 | 1.49% | 19.6% |
| Basic Materials | 4.5% | 28.8 | 16.7 | 2.85 | 3.81 | 1.33% | 13.2% |
MODL 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 MODL weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
MODL largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 6.37% | 27.1 | 24.9 | 17.1 | 0.47% | 6.14% |
| AAPL | Apple Inc. | 6.32% | 39.4 | 35.2 | 10.7 | 0.31% | 4.19% |
| MSFT | Microsoft Corporation | 4.77% | 29.5 | 25.1 | 11.8 | 0.74% | 4.23% |
| GOOGL | Alphabet Inc. | 4.50% | 17.1 | 22.8 | 9.3 | 0.26% | 6.87% |
| GOOG | Alphabet Inc. | 3.56% | 16.9 | 21.8 | 9.2 | 0.26% | 5.50% |
| META | Meta Platforms, Inc. | 3.47% | 26.7 | 22.1 | 7.9 | 0.30% | 3.39% |
| ABBV | AbbVie Inc. | 2.57% | 80.6 | 16.4 | 7.8 | 2.42% | 0.83% |
| AMZN | Amazon.com, Inc. | 2.22% | 20.1 | 23.6 | 3.5 | — | 2.88% |
| LLY | Eli Lilly and Company | 2.10% | 42.2 | 24.4 | 14.1 | 0.55% | 1.30% |
| AVGO | Broadcom Inc. | 1.91% | 43.3 | 19.4 | 17.6 | 0.79% | 1.15% |
| NEE | NextEra Energy, Inc. | 1.32% | 17.9 | 17.7 | 5.8 | 3.12% | 1.92% |
| MU | Micron Technology, Inc. | 1.24% | 11.8 | 7.0 | 7.5 | 0.07% | 2.74% |
| JNJ | Johnson & Johnson | 1.22% | 38.8 | 21.0 | 6.2 | 2.10% | 0.82% |
| AMGN | Amgen Inc. | 1.21% | 26.9 | 16.7 | 6.1 | 2.33% | 1.18% |
| UNP | Union Pacific Corporation | 1.12% | 23.4 | 19.3 | 6.8 | 1.97% | 1.25% |
| JPM | JPMorgan Chase & Co. | 1.09% | 14.2 | 13.5 | 4.7 | 1.94% | 1.99% |
| AMD | Advanced Micro Devices, Inc. | 1.07% | 134.9 | 39.5 | 20.9 | — | 0.21% |
| GILD | Gilead Sciences, Inc. | 1.03% | — | 15.6 | 6.4 | 2.10% | −0.46% |
| LIN | Linde plc | 1.01% | 32.2 | 23.6 | 6.5 | 1.28% | 0.82% |
| TSLA | Tesla, Inc. | 0.96% | 328.4 | 158.7 | 13.5 | — | 0.08% |
| BRK.B | Berkshire Hathaway Inc. | 0.94% | 13.4 | 22.7 | 3.0 | — | 1.84% |
| V | Visa Inc. | 0.91% | 34.3 | 24.0 | 17.0 | 0.67% | 0.69% |
| UBER | Uber Technologies, Inc. | 0.87% | 15.4 | 15.9 | 2.6 | — | 1.46% |
| SO | The Southern Company | 0.80% | 22.0 | 17.0 | 3.5 | 3.33% | 0.95% |
| SPCX | Space Exploration Technologies Corp. | 0.77% | — | 200.0 | 83.5 | — | −0.09% |
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 MODL valuation
Adding up its 354 holdings with company data, MODL trades at 26.2 times trailing earnings and 18.9 times analysts' forward estimates, with a price-to-book ratio of 4.86 and a dividend yield of 1.16%. Its earnings yield of 3.82% is 1.51 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 37.8% of the fund and earn 36.5% of its combined profit. By sector, Healthcare is the most expensive at 44.9 times earnings and Financial Services the cheapest at 15.9. Companies that lost money over the past year are 5.0% 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 99.96% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: MODL chart, MODL performance, MODL holdings, MODL dividends.
MODL valuation FAQ
What is the P/E ratio of MODL?
Based on its holdings, MODL has a trailing P/E of 26.2 and a forward P/E of 18.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of MODL?
The trailing earnings yield is 3.82% (1 ÷ P/E) and the forward earnings yield 5.28%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is MODL more expensive than the S&P 500?
MODL trades at 26.2 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 18.9 and 19.9.
What is the price-to-book ratio of MODL?
The holdings of MODL trade at 4.86 times book value, with a combined return on equity of 18.6%.
Which sector in MODL has the highest P/E?
Healthcare has the highest P/E at 44.9 and Financial Services the lowest at 15.9.