USCF Dividend Income ETF (UDI) Valuation
UDI valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 18.7 trailing earnings
- Forward P/E
- 14.1 analyst estimates
- Price / sales
- 1.88
- Price / book
- 2.73
- EV / EBITDA
- 12.6
- Earnings yield
- 5.34% inverse of P/E
- Dividend yield
- 3.06% of the holdings
- Return on equity
- 14.6% combined
- Net margin
- 10.1% combined
- Beta
- 0.72 weighted, vs S&P 500
UDI valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| UDI | 18.7 | 14.1 | 1.88 | 2.73 | 3.06% | 14.6% | 10.1% | 2.9% |
| 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.
UDI valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 24.1% | 12.4 | 11.7 | 3.07 | 1.64 | 2.71% | 13.2% |
| Healthcare | 17.6% | 36.0 | 15.0 | 4.71 | 5.68 | 2.69% | 15.8% |
| Energy | 13.0% | 19.0 | 11.0 | 0.40 | 2.40 | 2.65% | 12.7% |
| Real Estate | 9.3% | 23.6 | 27.2 | 5.78 | 4.29 | 4.07% | 18.2% |
| Utilities | 7.3% | 19.6 | 16.0 | 2.50 | 1.90 | 3.16% | 9.7% |
| Technology | 7.2% | 29.4 | 20.5 | 7.43 | 10.12 | 2.73% | 34.5% |
| Consumer Cyclical | 5.9% | 12.5 | 13.5 | 1.18 | 5.18 | 3.08% | 41.5% |
| Communication Services | 4.6% | 19.5 | 8.1 | 1.19 | 1.97 | 5.32% | 10.1% |
| Industrials | 3.4% | 22.1 | 19.2 | 2.66 | 3.63 | 2.69% | 16.4% |
| Consumer Defensive | 3.2% | 29.5 | 19.5 | 2.39 | 3.50 | 3.33% | 11.9% |
UDI 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 UDI weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
UDI largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| JNJ | Johnson & Johnson | 3.62% | 38.8 | 21.0 | 6.2 | 2.10% | 1.94% |
| MDT | Medtronic plc | 3.37% | 23.3 | 14.9 | 3.2 | 3.04% | 3.00% |
| ABBV | AbbVie Inc. | 3.37% | 80.6 | 16.4 | 7.8 | 2.42% | 0.87% |
| EWBC | East West Bancorp, Inc. | 3.29% | 12.2 | 12.7 | 6.0 | 2.52% | 5.59% |
| COP | ConocoPhillips | 3.27% | 19.4 | 12.7 | 2.7 | 2.29% | 3.49% |
| LAMR | Lamar Advertising Company | 3.21% | 27.4 | 29.5 | 6.6 | 4.40% | 2.43% |
| PSX | Phillips 66 | 3.16% | 16.8 | 9.7 | 0.8 | 1.81% | 3.91% |
| CNQ | Canadian Natural Resources Ltd | 3.14% | — | — | — | — | — |
| STT | State Street Corporation | 2.69% | 13.5 | 11.9 | 2.9 | 2.22% | 4.12% |
| MTB | M&T Bank Corporation | 2.67% | 11.4 | 10.6 | 3.3 | 2.79% | 4.86% |
| VZ | Verizon Communications Inc. | 2.64% | 11.7 | 8.7 | 1.3 | 6.32% | 4.69% |
| GILD | Gilead Sciences, Inc. | 2.64% | — | 15.6 | 6.4 | 2.10% | −0.93% |
| USB | U.S. Bancorp | 2.63% | 11.4 | 10.4 | 3.3 | 3.68% | 4.77% |
| PAYX | Paychex, Inc. | 2.60% | 22.1 | 17.5 | 6.0 | 4.26% | 2.44% |
| GSK | GSK plc | 2.58% | 15.6 | 9.8 | 3.0 | 3.67% | 3.43% |
| CME | CME Group Inc. | 2.56% | 24.9 | 21.9 | 15.6 | 1.77% | 2.13% |
| EXC | Exelon Corporation | 2.54% | 16.0 | 13.7 | 1.8 | 3.86% | 3.29% |
| CSCO | Cisco Systems, Inc. | 2.50% | 32.2 | 19.8 | 6.7 | 1.56% | 1.61% |
| C | Citigroup Inc. | 2.42% | 12.1 | 10.2 | 2.5 | 2.16% | 4.14% |
| KO | The Coca-Cola Company | 2.22% | 28.2 | 25.3 | 8.1 | 2.26% | 1.63% |
| BAC | Bank of America Corporation | 2.17% | 12.2 | 10.8 | 3.1 | 2.50% | 3.68% |
| MCD | McDonald's Corporation | 2.14% | 19.7 | 17.1 | 6.2 | 3.18% | 2.25% |
| SNA | Snap-on Incorporated | 2.14% | 18.7 | 17.3 | 3.6 | 2.66% | 2.37% |
| ETR | Entergy Corporation | 2.09% | 26.9 | 19.6 | 3.7 | 2.44% | 1.61% |
| TRP | TC Energy Corp | 2.07% | — | — | — | — | — |
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 UDI valuation
Adding up its 40 holdings with company data, UDI trades at 18.7 times trailing earnings and 14.1 times analysts' forward estimates, with a price-to-book ratio of 2.73 and a dividend yield of 3.06%. Its earnings yield of 5.34% is 0.01 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 31.8% of the fund and earn 34.9% of its combined profit. By sector, Healthcare is the most expensive at 36.0 times earnings and Financial Services the cheapest at 12.4. Companies that lost money over the past year are 2.9% 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 92.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: UDI chart, UDI performance, UDI holdings, UDI dividends.
UDI valuation FAQ
What is the P/E ratio of UDI?
Based on its holdings, UDI has a trailing P/E of 18.7 and a forward P/E of 14.1 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of UDI?
The trailing earnings yield is 5.34% (1 ÷ P/E) and the forward earnings yield 7.09%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is UDI more expensive than the S&P 500?
UDI trades at 18.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 14.1 and 19.9.
What is the price-to-book ratio of UDI?
The holdings of UDI trade at 2.73 times book value, with a combined return on equity of 14.6%.
Which sector in UDI has the highest P/E?
Healthcare has the highest P/E at 36.0 and Financial Services the lowest at 12.4.