Swan Enhanced Dividend Income ETF (SCLZ) Valuation
SCLZ valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 27.3 trailing earnings
- Forward P/E
- 21.4 analyst estimates
- Price / sales
- 4.78
- Price / book
- 6.22
- EV / EBITDA
- 19.2
- Earnings yield
- 3.66% inverse of P/E
- Dividend yield
- 1.02% of the holdings
- Return on equity
- 22.8% combined
- Net margin
- 17.5% combined
- Beta
- 1.12 weighted, vs S&P 500
SCLZ valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SCLZ | 27.3 | 21.4 | 4.78 | 6.22 | 1.02% | 22.8% | 17.5% | 2.5% |
| 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.
SCLZ valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 36.1% | 34.4 | 23.4 | 11.50 | 14.37 | 0.46% | 41.8% |
| Financial Services | 12.3% | 16.8 | 17.5 | 4.78 | 2.67 | 1.04% | 15.9% |
| Healthcare | 9.9% | 42.1 | 19.0 | 3.56 | 10.19 | 1.76% | 24.2% |
| Communication Services | 9.9% | 19.4 | 18.5 | 4.22 | 4.48 | 0.93% | 23.1% |
| Consumer Cyclical | 8.8% | 29.0 | 28.9 | 3.73 | 9.36 | 0.74% | 32.3% |
| Industrials | 5.5% | 31.1 | 27.2 | 4.05 | 8.08 | 1.00% | 26.0% |
| Consumer Defensive | 5.0% | 32.4 | 26.3 | 2.37 | 12.84 | 1.85% | 39.6% |
| Energy | 3.8% | 21.7 | 14.4 | 1.77 | 2.57 | 2.58% | 11.9% |
| Utilities | 2.1% | 21.6 | 17.3 | 3.01 | 2.05 | 2.77% | 9.5% |
| Basic Materials | 1.9% | 25.2 | 17.3 | 4.31 | 4.65 | 1.05% | 18.5% |
| Real Estate | 1.8% | 44.3 | 42.0 | 4.82 | 4.59 | 2.05% | 10.4% |
SCLZ 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 SCLZ weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SCLZ largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| MSFT | Microsoft Corporation | 6.63% | 29.5 | 25.1 | 11.8 | 0.74% | 6.35% |
| AAPL | Apple Inc. | 6.50% | 39.4 | 35.2 | 10.7 | 0.31% | 4.66% |
| NVDA | NVIDIA Corporation | 6.06% | 27.1 | 24.9 | 17.1 | 0.47% | 6.32% |
| META | Meta Platforms, Inc. | 3.69% | 26.7 | 22.1 | 7.9 | 0.30% | 3.90% |
| AMZN | Amazon.com, Inc. | 3.38% | 20.1 | 23.6 | 3.5 | — | 4.75% |
| BRK.B | Berkshire Hathaway Inc. | 3.30% | 13.4 | 22.7 | 3.0 | — | 6.96% |
| JPM | JPMorgan Chase & Co. | 3.19% | 14.2 | 13.5 | 4.7 | 1.94% | 6.32% |
| LLY | Eli Lilly and Company | 2.96% | 42.2 | 24.4 | 14.1 | 0.55% | 1.98% |
| AVGO | Broadcom Inc. | 2.86% | 43.3 | 19.4 | 17.6 | 0.79% | 1.86% |
| AMD | Advanced Micro Devices, Inc. | 2.66% | 134.9 | 39.5 | 20.9 | — | 0.56% |
| TSLA | Tesla, Inc. | 2.49% | 328.4 | 158.7 | 13.5 | — | 0.21% |
| FGXXX | First American Funds Inc. - Government Obligations Fund | 2.47% | — | — | — | — | — |
| MU | Micron Technology, Inc. | 2.44% | 11.8 | 7.0 | 7.5 | 0.07% | 5.84% |
| V | Visa Inc. | 2.34% | 34.3 | 24.0 | 17.0 | 0.67% | 1.93% |
| JNJ | Johnson & Johnson | 2.06% | 38.8 | 21.0 | 6.2 | 2.10% | 1.50% |
| CSCO | Cisco Systems, Inc. | 1.97% | 32.2 | 19.8 | 6.7 | 1.56% | 1.72% |
| PLTR | Palantir Technologies Inc. | 1.97% | 160.4 | 85.5 | 72.6 | — | 0.35% |
| XOM | Exxon Mobil Corporation | 1.73% | 23.0 | 14.8 | 2.0 | 2.30% | 2.12% |
| GOOGL | Alphabet Inc. | 1.71% | 17.1 | 22.8 | 9.3 | 0.26% | 2.83% |
| MA | Mastercard Incorporated | 1.71% | 34.0 | 24.2 | 15.4 | 0.56% | 1.42% |
| INTC | Intel Corporation | 1.70% | — | 63.3 | 8.3 | — | −1.13% |
| CAT | Caterpillar Inc. | 1.63% | 31.5 | 25.4 | 4.5 | 0.89% | 1.46% |
| ABBV | AbbVie Inc. | 1.59% | 80.6 | 16.4 | 7.8 | 2.42% | 0.56% |
| GCP | General Electric Company | 1.57% | — | — | — | — | — |
| GOOG | Alphabet Inc. | 1.55% | 16.9 | 21.8 | 9.2 | 0.26% | 2.59% |
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 SCLZ valuation
Adding up its 69 holdings with company data, SCLZ trades at 27.3 times trailing earnings and 21.4 times analysts' forward estimates, with a price-to-book ratio of 6.22 and a dividend yield of 1.02%. Its earnings yield of 3.66% is 1.67 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 41.2% of the fund and earn 43.7% of its combined profit. By sector, Real Estate is the most expensive at 44.3 times earnings and Financial Services the cheapest at 16.8. Companies that lost money over the past year are 2.5% 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 95.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SCLZ chart, SCLZ performance, SCLZ holdings, SCLZ dividends.
SCLZ valuation FAQ
What is the P/E ratio of SCLZ?
Based on its holdings, SCLZ has a trailing P/E of 27.3 and a forward P/E of 21.4 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SCLZ?
The trailing earnings yield is 3.66% (1 ÷ P/E) and the forward earnings yield 4.67%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SCLZ more expensive than the S&P 500?
SCLZ trades at 27.3 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 21.4 and 19.9.
What is the price-to-book ratio of SCLZ?
The holdings of SCLZ trade at 6.22 times book value, with a combined return on equity of 22.8%.
Which sector in SCLZ has the highest P/E?
Real Estate has the highest P/E at 44.3 and Financial Services the lowest at 16.8.