U.S. Small Cap Equity Active ETF (RUSC) Valuation
RUSC valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 90.7 trailing earnings
- Forward P/E
- 13.9 analyst estimates
- Price / sales
- 1.06
- Price / book
- 2.02
- EV / EBITDA
- 10.8
- Earnings yield
- 1.10% inverse of P/E
- Dividend yield
- 1.45% of the holdings
- Return on equity
- 2.2% combined
- Net margin
- 1.2% combined
- Beta
- 1.12 weighted, vs S&P 500
RUSC valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| RUSC | 90.7 | 13.9 | 1.06 | 2.02 | 1.45% | 2.2% | 1.2% | 26.2% |
| 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.
RUSC valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Healthcare | 18.8% | n/m | 21.2 | 2.61 | 4.62 | 0.08% | −9.3% |
| Financial Services | 16.9% | 14.2 | 10.9 | 1.23 | 1.40 | 1.89% | 9.9% |
| Industrials | 16.3% | 101.6 | 13.9 | 0.73 | 2.13 | 1.31% | 2.1% |
| Technology | 11.7% | 68.7 | 21.2 | 2.61 | 4.76 | 0.38% | 6.9% |
| Consumer Cyclical | 10.3% | 61.8 | 13.0 | 0.64 | 1.88 | 1.70% | 3.0% |
| Energy | 7.0% | 26.9 | 10.5 | 1.24 | 1.49 | 2.27% | 5.6% |
| Basic Materials | 5.3% | n/m | 10.4 | 0.59 | 1.48 | 1.56% | 0.0% |
| Real Estate | 4.0% | 16.7 | 23.8 | 2.68 | 1.40 | 4.83% | 8.4% |
| Consumer Defensive | 3.5% | n/m | 12.5 | 0.47 | 1.25 | 2.05% | −5.9% |
| Utilities | 2.8% | 22.1 | 15.7 | 2.06 | 1.63 | 3.49% | 7.4% |
| Communication Services | 2.0% | n/m | 6.3 | 0.38 | 1.12 | 2.47% | −48.8% |
RUSC 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 RUSC weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
RUSC largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| CXT | Crane NXT, Co. | 0.71% | 22.7 | 10.4 | 1.7 | 1.32% | 3.06% |
| LGND | Ligand Pharmaceuticals Incorporated | 0.66% | 31.1 | 24.8 | 20.3 | — | 2.07% |
| CDNA | CareDx, Inc | 0.62% | 30.8 | 156.2 | 7.2 | — | 1.97% |
| WTTR | Select Energy Services, Inc. | 0.52% | 66.4 | 23.5 | 1.9 | 1.51% | 0.77% |
| SOI | Solaris Oilfield Infrastructure Inc | 0.40% | — | — | — | — | — |
| TWST | Twist Bioscience Corporation | 0.40% | — | — | 20.4 | — | −0.66% |
| FROG | JFrog Ltd. | 0.40% | — | 81.3 | 17.3 | — | −0.17% |
| MLKN | MillerKnoll, Inc. | 0.40% | 14.9 | 10.1 | 0.4 | 3.56% | 2.59% |
| VAC | Marriott Vacations Worldwide Corporation | 0.40% | — | 7.0 | 1.1 | 2.88% | −3.35% |
| SCL | Stepan Company | 0.39% | — | 17.5 | 0.6 | 2.55% | −0.07% |
| KRYS | Krystal Biotech, Inc. | 0.39% | 39.7 | 46.9 | 21.3 | — | 0.96% |
| PTGX | Protagonist Therapeutics, Inc. | 0.39% | 125.0 | 36.9 | 29.5 | — | 0.30% |
| TGTX | TG Therapeutics, Inc. | 0.39% | 19.6 | 25.9 | 10.3 | — | 1.93% |
| OSPN | OneSpan Inc. | 0.39% | 9.9 | 14.0 | 2.6 | 2.97% | 3.83% |
| JXN | Jackson Financial Inc. | 0.39% | 143.5 | — | 1.4 | 2.76% | 0.26% |
| NWL | Newell Brands Inc. | 0.38% | — | 7.5 | 0.3 | 4.96% | −3.52% |
| TVTX | Travere Therapeutics, Inc. | 0.38% | — | 39.8 | 7.9 | — | −0.55% |
| DAVE | Dave Inc. | 0.37% | 23.7 | 16.9 | 7.3 | — | 1.54% |
| PDFS | PDF Solutions, Inc. | 0.37% | 156.9 | 27.6 | 6.9 | — | 0.23% |
| OSCR | Oscar Health, Inc. | 0.37% | 24.7 | 588.2 | 0.6 | — | 1.46% |
| GH | Guardant Health, Inc. | 0.37% | — | — | 18.0 | — | −0.79% |
| DBX | Dropbox, Inc. | 0.37% | 19.7 | 10.8 | 3.1 | — | 1.82% |
| AIN | Albany International Corp. | 0.37% | — | 21.6 | 1.4 | 1.84% | −1.05% |
| EZPW | EZCORP, Inc. | 0.36% | 16.6 | 13.7 | 1.3 | — | 2.11% |
| CON | Concentra Group Holdings Parent, Inc. | 0.36% | 24.9 | 18.0 | 2.1 | 0.65% | 1.40% |
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 RUSC valuation
Adding up its 462 holdings with company data, RUSC trades at 90.7 times trailing earnings and 13.9 times analysts' forward estimates, with a price-to-book ratio of 2.02 and a dividend yield of 1.45%. Its earnings yield of 1.10% is 4.22 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 4.9% of the fund and earn 7.2% of its combined profit. By sector, Industrials is the most expensive at 101.6 times earnings and Financial Services the cheapest at 14.2. Companies that lost money over the past year are 26.2% 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 93.3% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: RUSC chart, RUSC performance, RUSC holdings, RUSC dividends.
RUSC valuation FAQ
What is the P/E ratio of RUSC?
Based on its holdings, RUSC has a trailing P/E of 90.7 and a forward P/E of 13.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of RUSC?
The trailing earnings yield is 1.10% (1 ÷ P/E) and the forward earnings yield 7.18%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is RUSC more expensive than the S&P 500?
RUSC trades at 90.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 13.9 and 19.9.
What is the price-to-book ratio of RUSC?
The holdings of RUSC trade at 2.02 times book value, with a combined return on equity of 2.2%.
Which sector in RUSC has the highest P/E?
Industrials has the highest P/E at 101.6 and Financial Services the lowest at 14.2.