Columbia Research Enhanced Core ETF (RECS) Valuation
RECS valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 24.5 trailing earnings
- Forward P/E
- 16.7 analyst estimates
- Price / sales
- 2.06
- Price / book
- 4.67
- EV / EBITDA
- 15.8
- Earnings yield
- 4.08% inverse of P/E
- Dividend yield
- 1.36% of the holdings
- Return on equity
- 19.1% combined
- Net margin
- 8.4% combined
- Beta
- 1.12 weighted, vs S&P 500
RECS valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| RECS | 24.5 | 16.7 | 2.06 | 4.67 | 1.36% | 19.1% | 8.4% | 3.2% |
| 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.
RECS valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 37.5% | 30.4 | 23.6 | 9.49 | 18.76 | 0.46% | 61.7% |
| Financial Services | 11.2% | 14.0 | 12.5 | 2.64 | 2.28 | 1.83% | 16.3% |
| Healthcare | 9.7% | 31.5 | 13.1 | 0.74 | 3.14 | 1.62% | 10.0% |
| Consumer Cyclical | 8.7% | 30.4 | 14.2 | 1.05 | 4.06 | 1.46% | 13.3% |
| Industrials | 7.7% | 23.6 | 17.1 | 1.64 | 4.32 | 1.50% | 18.3% |
| Communication Services | 5.6% | 21.7 | 16.4 | 3.38 | 4.16 | 0.90% | 19.2% |
| Consumer Defensive | 4.7% | 36.1 | 13.0 | 0.81 | 4.09 | 3.99% | 11.3% |
| Energy | 3.9% | 19.0 | 12.7 | 1.54 | 2.40 | 2.35% | 12.6% |
| Utilities | 1.9% | 16.0 | 14.5 | 2.66 | 1.92 | 3.27% | 12.0% |
| Real Estate | 1.9% | 22.7 | 20.5 | 4.58 | 2.68 | 4.35% | 11.8% |
| Basic Materials | 1.7% | 16.1 | 12.5 | 2.34 | 3.36 | 1.97% | 20.9% |
RECS 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 RECS weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
RECS largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AAPL | Apple Inc. | 12.64% | 39.4 | 35.2 | 10.7 | 0.31% | 8.37% |
| NVDA | NVIDIA Corporation | 11.62% | 27.1 | 24.9 | 17.1 | 0.47% | 11.20% |
| META | Meta Platforms, Inc. | 4.23% | 26.7 | 22.1 | 7.9 | 0.30% | 4.13% |
| XLC | Communication Services Select Sector SPDR® Fund | 2.72% | — | — | — | — | — |
| MA | Mastercard Incorporated | 2.50% | 34.0 | 24.2 | 15.4 | 0.56% | 1.92% |
| MU | Micron Technology, Inc. | 2.02% | 11.8 | 7.0 | 7.5 | 0.07% | 4.45% |
| CVX | Chevron Corporation | 1.62% | 21.2 | 15.2 | 2.1 | 3.16% | 1.99% |
| BAC | Bank of America Corporation | 1.54% | 12.2 | 10.8 | 3.1 | 2.50% | 3.29% |
| VOX | Vanguard Communication Services Index Fund ETF Shares | 1.51% | — | — | — | — | — |
| TJX | The TJX Companies, Inc. | 1.48% | 27.3 | 24.9 | 2.6 | 1.30% | 1.41% |
| MO | Altria Group, Inc. | 1.38% | 15.8 | 11.9 | 6.1 | 5.91% | 2.27% |
| BMY | Bristol-Myers Squibb Company | 1.06% | 13.2 | 9.4 | 2.5 | 4.22% | 2.09% |
| PLTR | Palantir Technologies Inc. | 1.05% | 160.4 | 85.5 | 72.6 | — | 0.17% |
| SBUX | Starbucks Corporation | 1.04% | 56.4 | 30.9 | 2.9 | 2.58% | 0.48% |
| CSCO | Cisco Systems, Inc. | 1.02% | 32.2 | 19.8 | 6.7 | 1.56% | 0.82% |
| C | Citigroup Inc. | 1.01% | 12.1 | 10.2 | 2.5 | 2.16% | 2.18% |
| ADP | Automatic Data Processing, Inc. | 0.93% | 26.4 | 22.0 | 5.2 | 2.35% | 0.92% |
| CVS | CVS Health Corporation | 0.91% | 24.3 | 10.7 | 0.3 | 2.88% | 0.97% |
| ELV | Elevance Health Inc. | 0.84% | 19.0 | 13.7 | 0.5 | 1.61% | 1.16% |
| CL | Colgate-Palmolive Company | 0.81% | 37.1 | 21.0 | 3.6 | 2.25% | 0.57% |
| PH | Parker-Hannifin Corporation | 0.76% | 33.8 | 27.5 | 5.7 | 0.83% | 0.59% |
| HLT | Hilton Worldwide Holdings Inc. | 0.76% | 50.6 | 28.7 | 15.2 | 0.17% | 0.39% |
| FCOM | Fidelity® MSCI Communication Services Index ETF | 0.76% | — | — | — | — | — |
| COP | ConocoPhillips | 0.73% | 19.4 | 12.7 | 2.7 | 2.29% | 0.98% |
| SCHW | The Charles Schwab Corporation | 0.72% | 15.7 | 12.9 | 5.9 | 1.39% | 1.19% |
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 RECS valuation
Adding up its 344 holdings with company data, RECS trades at 24.5 times trailing earnings and 16.7 times analysts' forward estimates, with a price-to-book ratio of 4.67 and a dividend yield of 1.36%. Its earnings yield of 4.08% is 1.25 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 41.9% of the fund and earn 41.1% of its combined profit. By sector, Consumer Defensive is the most expensive at 36.1 times earnings and Financial Services the cheapest at 14.0. Companies that lost money over the past year are 3.2% 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 94.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: RECS chart, RECS performance, RECS holdings, RECS dividends.
RECS valuation FAQ
What is the P/E ratio of RECS?
Based on its holdings, RECS has a trailing P/E of 24.5 and a forward P/E of 16.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of RECS?
The trailing earnings yield is 4.08% (1 ÷ P/E) and the forward earnings yield 5.97%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is RECS more expensive than the S&P 500?
RECS trades at 24.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 16.7 and 19.9.
What is the price-to-book ratio of RECS?
The holdings of RECS trade at 4.67 times book value, with a combined return on equity of 19.1%.
Which sector in RECS has the highest P/E?
Consumer Defensive has the highest P/E at 36.1 and Financial Services the lowest at 14.0.