Elevation Series ETF (SOVF) Valuation
SOVF valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 51.1 trailing earnings
- Forward P/E
- 13.7 analyst estimates
- Price / sales
- 1.27
- Price / book
- 2.89
- EV / EBITDA
- 12.5
- Earnings yield
- 1.96% inverse of P/E
- Dividend yield
- 1.07% of the holdings
- Return on equity
- 5.7% combined
- Net margin
- 2.5% combined
- Beta
- 0.94 weighted, vs S&P 500
SOVF valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SOVF | 51.1 | 13.7 | 1.27 | 2.89 | 1.07% | 5.7% | 2.5% | 9.4% |
| 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.
SOVF valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 39.5% | n/m | 12.6 | 2.16 | 2.49 | 0.65% | −3.7% |
| Financial Services | 17.4% | 16.8 | 13.2 | 2.17 | 2.91 | 1.18% | 17.3% |
| Industrials | 12.3% | 31.3 | 18.4 | 0.96 | 4.47 | 2.18% | 14.3% |
| Healthcare | 9.8% | 48.0 | 14.9 | 0.43 | 2.51 | 0.25% | 5.2% |
| Consumer Defensive | 7.0% | 22.0 | 14.5 | 1.35 | 4.13 | 0.50% | 18.8% |
| Consumer Cyclical | 4.6% | 13.0 | 10.1 | 0.85 | 2.39 | 3.52% | 18.4% |
| Utilities | 4.3% | 22.6 | 14.4 | 3.19 | 6.45 | 1.39% | 28.5% |
| Real Estate | 2.8% | 28.2 | 18.0 | 1.26 | 5.16 | 1.20% | 18.3% |
| Communication Services | 1.0% | n/m | 23.5 | 0.66 | 1.73 | 0.00% | −12.4% |
| Energy | 0.3% | 13.8 | 9.6 | 2.61 | 1.54 | 2.22% | 11.2% |
SOVF 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 SOVF weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SOVF largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| PAYC | Paycom Software, Inc. | 6.02% | 26.6 | 16.7 | 5.3 | 0.60% | 11.80% |
| MOH | Molina Healthcare, Inc. | 4.46% | — | 18.9 | 0.3 | — | 0.10% |
| RPAY | Repay Holdings Corporation | 4.05% | — | 7.9 | 1.1 | — | −98.08% |
| QCOM | QUALCOMM Incorporated | 3.83% | 19.9 | 19.6 | 4.2 | 2.14% | 10.03% |
| SPSC | SPS Commerce, Inc. | 3.63% | 41.2 | 68.0 | 4.0 | — | 4.60% |
| OPCH | Option Care Health, Inc. | 3.62% | 23.6 | 11.2 | 0.8 | — | 8.00% |
| LOPE | Grand Canyon Education, Inc. | 3.53% | 19.6 | 13.3 | 3.7 | — | 9.40% |
| ALKT | Alkami Technology, Inc. | 3.01% | — | — | 3.0 | — | −4.92% |
| VST | Vistra Corp. | 2.94% | 25.6 | 13.3 | 2.7 | 0.61% | 5.98% |
| EEFT | Euronet Worldwide, Inc. | 2.74% | 10.3 | 5.5 | 0.6 | — | 13.85% |
| PCTY | Paylocity Holding Corporation | 2.61% | 33.8 | 15.4 | 5.2 | — | 4.03% |
| PGR | The Progressive Corporation | 2.47% | 11.0 | 12.7 | 1.4 | 0.18% | 11.72% |
| AFG | American Financial Group, Inc. | 2.38% | 13.0 | 11.5 | 1.5 | 2.60% | 9.53% |
| PRI | Primerica, Inc. | 2.37% | 11.4 | 14.0 | 2.5 | 1.70% | 10.87% |
| AJG | Arthur J. Gallagher & Co. | 2.21% | 42.3 | 16.3 | 4.3 | 1.10% | 2.73% |
| DIOD | Diodes Incorporated | 2.08% | 44.3 | 12.5 | 2.3 | — | 2.45% |
| SITE | SiteOne Landscape Supply, Inc. | 2.07% | 26.0 | 19.3 | 0.9 | — | 4.16% |
| LPLA | LPL Financial Holdings Inc. | 2.07% | 25.5 | 10.9 | 1.3 | 0.37% | 4.23% |
| UPS | United Parcel Service, Inc. | 1.93% | 18.1 | 12.0 | 0.9 | 6.73% | 5.56% |
| FLYW | Flywire Corporation | 1.75% | 71.0 | 18.9 | 3.2 | — | 1.28% |
| ADP | Automatic Data Processing, Inc. | 1.70% | 26.4 | 22.0 | 5.2 | 2.35% | 3.36% |
| LCII | LCI Industries | 1.61% | 9.8 | 9.5 | 0.5 | 5.48% | 8.55% |
| CBRE | CBRE Group, Inc. | 1.59% | 30.5 | 14.9 | 0.9 | — | 2.72% |
| FISV | Fiserv, Inc. | 1.59% | 9.1 | 5.7 | 1.2 | — | 9.06% |
| NSP | Insperity, Inc. | 1.51% | — | 18.1 | 0.3 | 4.67% | −0.68% |
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 SOVF valuation
Adding up its 77 holdings with company data, SOVF trades at 51.1 times trailing earnings and 13.7 times analysts' forward estimates, with a price-to-book ratio of 2.89 and a dividend yield of 1.07%. Its earnings yield of 1.96% is 3.37 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 −39.2% of its combined profit. By sector, Healthcare is the most expensive at 48.0 times earnings and Consumer Cyclical the cheapest at 13.0. Companies that lost money over the past year are 9.4% 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 98.5% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SOVF chart, SOVF performance, SOVF holdings, SOVF dividends.
SOVF valuation FAQ
What is the P/E ratio of SOVF?
Based on its holdings, SOVF has a trailing P/E of 51.1 and a forward P/E of 13.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SOVF?
The trailing earnings yield is 1.96% (1 ÷ P/E) and the forward earnings yield 7.32%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SOVF more expensive than the S&P 500?
SOVF trades at 51.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 13.7 and 19.9.
What is the price-to-book ratio of SOVF?
The holdings of SOVF trade at 2.89 times book value, with a combined return on equity of 5.7%.
Which sector in SOVF has the highest P/E?
Healthcare has the highest P/E at 48.0 and Consumer Cyclical the lowest at 13.0.