Rockefeller U.S. Small-Mid Cap ETF (RSMC) Valuation
RSMC valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 29.2 trailing earnings
- Forward P/E
- 17.0 analyst estimates
- Price / sales
- 0.83
- Price / book
- 3.56
- EV / EBITDA
- 13.2
- Earnings yield
- 3.43% inverse of P/E
- Dividend yield
- 0.86% of the holdings
- Return on equity
- 12.2% combined
- Net margin
- 2.8% combined
- Beta
- 1.06 weighted, vs S&P 500
RSMC valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| RSMC | 29.2 | 17.0 | 0.83 | 3.56 | 0.86% | 12.2% | 2.8% | 8.4% |
| 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.
RSMC valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Industrials | 26.4% | 30.9 | 23.4 | 2.11 | 3.89 | 0.71% | 12.6% |
| Financial Services | 20.6% | 34.3 | 11.3 | 0.25 | 3.09 | 1.85% | 9.0% |
| Technology | 16.5% | 43.1 | 23.9 | 2.08 | 5.22 | 0.25% | 12.1% |
| Consumer Defensive | 10.0% | 22.5 | 14.8 | 0.95 | 2.86 | 0.63% | 12.7% |
| Healthcare | 6.4% | 41.3 | 13.2 | 1.80 | 4.62 | 0.00% | 11.2% |
| Consumer Cyclical | 6.2% | 18.1 | 22.2 | 1.97 | 3.18 | 0.21% | 17.6% |
| Basic Materials | 3.8% | 34.8 | 25.5 | 3.99 | 4.27 | 0.90% | 12.3% |
| Communication Services | 2.9% | 25.1 | 13.1 | 2.25 | 16.64 | 2.55% | 66.2% |
| Real Estate | 2.7% | 14.7 | 10.4 | 0.51 | 2.07 | 0.00% | 14.1% |
| Utilities | 2.4% | 16.3 | 17.4 | 2.06 | 1.28 | 3.60% | 7.9% |
RSMC 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 RSMC weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
RSMC largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| FF60 | FIRSTCASH HLDGS INC.DL-01 | 3.81% | — | — | — | — | — |
| HASI | Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 3.50% | 56.0 | 11.1 | 36.8 | 4.67% | 1.94% |
| RDNT | RadNet, Inc. | 3.34% | — | 36.6 | 2.4 | — | −0.41% |
| KFY | Korn Ferry | 3.26% | 13.8 | 13.0 | 1.4 | 3.01% | 7.30% |
| BJ | BJ's Wholesale Club Holdings, Inc. | 3.16% | 21.7 | 19.2 | 0.6 | — | 4.52% |
| CWST | Casella Waste Systems, Inc. | 3.04% | 977.8 | 56.2 | 2.9 | — | 0.10% |
| PJT | PJT Partners Inc. | 2.96% | 18.7 | 16.5 | 3.1 | 0.73% | 4.89% |
| WMG | Warner Music Group Corp. | 2.92% | 25.1 | 13.1 | 2.2 | 2.55% | 3.60% |
| IDCC | InterDigital, Inc | 2.87% | 37.3 | 29.9 | 10.5 | 0.94% | 2.38% |
| SNEX | StoneX Group Inc. | 2.81% | 18.9 | 9.8 | 0.0 | — | 4.60% |
| OLLI | Ollie's Bargain Outlet Holdings, Inc. | 2.75% | 20.8 | 19.2 | 2.0 | — | 4.08% |
| JLL | Jones Lang LaSalle Incorporated | 2.74% | 14.7 | 10.4 | 0.5 | — | 5.78% |
| PRMB | Primo Brands Corporation | 2.60% | 65.7 | 13.3 | 1.1 | 2.43% | 1.23% |
| AIT | Applied Industrial Technologies, Inc. | 2.48% | 30.2 | 27.8 | 2.4 | 0.62% | 2.55% |
| CHDN | Churchill Downs Incorporated | 2.43% | 13.9 | 22.9 | 1.9 | 0.54% | 5.40% |
| OGS | ONE Gas, Inc. | 2.39% | 16.3 | 17.4 | 2.1 | 3.60% | 4.55% |
| ULS | UL Solutions Inc. | 2.37% | 29.6 | 24.9 | 4.7 | 0.79% | 2.48% |
| MLI | Mueller Industries, Inc. | 2.26% | 15.6 | 18.2 | 2.9 | 1.17% | 4.48% |
| ESE | ESCO Technologies Inc. | 2.24% | 46.2 | 25.4 | 5.0 | 0.13% | 1.50% |
| FBNC | First Bancorp | 2.16% | 18.7 | 14.6 | 6.1 | 1.59% | 3.56% |
| BGC | BGC Group, Inc | 2.13% | 29.0 | 5.9 | 1.7 | 0.69% | 2.28% |
| AAON | AAON, Inc. | 2.05% | 38.8 | 21.8 | 3.1 | 0.54% | 1.63% |
| CSW | CSW Industrials, Inc. | 2.04% | 39.5 | 42.6 | 4.0 | 0.42% | 1.60% |
| SXT | Sensient Technologies Corporation | 1.97% | 36.0 | 22.7 | 3.3 | 1.23% | 1.69% |
| QTWO | Q2 Holdings, Inc. | 1.94% | 43.9 | 18.0 | 4.6 | — | 1.37% |
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 RSMC valuation
Adding up its 44 holdings with company data, RSMC trades at 29.2 times trailing earnings and 17.0 times analysts' forward estimates, with a price-to-book ratio of 3.56 and a dividend yield of 0.86%. Its earnings yield of 3.43% is 1.90 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 31.7% of the fund and earn 33.0% of its combined profit. By sector, Technology is the most expensive at 43.1 times earnings and Real Estate the cheapest at 14.7. Companies that lost money over the past year are 8.4% 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 96.1% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: RSMC chart, RSMC performance, RSMC holdings.
RSMC valuation FAQ
What is the P/E ratio of RSMC?
Based on its holdings, RSMC has a trailing P/E of 29.2 and a forward P/E of 17.0 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of RSMC?
The trailing earnings yield is 3.43% (1 ÷ P/E) and the forward earnings yield 5.87%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is RSMC more expensive than the S&P 500?
RSMC trades at 29.2 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 17.0 and 19.9.
What is the price-to-book ratio of RSMC?
The holdings of RSMC trade at 3.56 times book value, with a combined return on equity of 12.2%.
Which sector in RSMC has the highest P/E?
Technology has the highest P/E at 43.1 and Real Estate the lowest at 14.7.