Franklin U.S. Core Dividend Tilt ETF (UDIV) Valuation
UDIV valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 25.1 trailing earnings
- Forward P/E
- 18.8 analyst estimates
- Price / sales
- 3.59
- Price / book
- 4.95
- EV / EBITDA
- 16.6
- Earnings yield
- 3.98% inverse of P/E
- Dividend yield
- 1.59% of the holdings
- Return on equity
- 19.7% combined
- Net margin
- 14.3% combined
- Beta
- 1.16 weighted, vs S&P 500
UDIV valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| UDIV | 25.1 | 18.8 | 3.59 | 4.95 | 1.59% | 19.7% | 14.3% | 2.6% |
| 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.
UDIV valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 39.9% | 33.5 | 23.2 | 8.55 | 11.72 | 0.68% | 35.0% |
| Financial Services | 11.1% | 14.9 | 12.9 | 3.10 | 2.20 | 2.34% | 14.7% |
| Communication Services | 9.5% | 16.1 | 16.6 | 3.58 | 4.00 | 1.30% | 24.9% |
| Consumer Cyclical | 9.0% | 30.5 | 23.0 | 2.33 | 5.88 | 1.11% | 19.3% |
| Healthcare | 8.4% | 34.7 | 15.1 | 2.02 | 4.85 | 2.48% | 14.0% |
| Consumer Defensive | 5.6% | 25.3 | 17.2 | 1.76 | 5.42 | 3.37% | 21.4% |
| Industrials | 5.1% | 25.0 | 21.5 | 2.67 | 6.76 | 1.78% | 27.1% |
| Energy | 3.5% | 19.9 | 14.5 | 2.21 | 2.41 | 2.72% | 12.1% |
| Real Estate | 3.4% | 27.8 | 28.3 | 8.24 | 3.10 | 4.10% | 11.2% |
| Utilities | 2.4% | 18.4 | 15.2 | 2.53 | 1.91 | 3.52% | 10.4% |
| Basic Materials | 0.7% | 107.0 | 15.0 | 1.51 | 2.46 | 2.64% | 2.3% |
UDIV 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 UDIV weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
UDIV largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 7.29% | 27.1 | 24.9 | 17.1 | 0.47% | 6.89% |
| AAPL | Apple Inc. | 7.25% | 39.4 | 35.2 | 10.7 | 0.31% | 4.71% |
| MSFT | Microsoft Corporation | 6.18% | 29.5 | 25.1 | 11.8 | 0.74% | 5.36% |
| AMZN | Amazon.com, Inc. | 3.96% | 20.1 | 23.6 | 3.5 | — | 5.03% |
| GOOGL | Alphabet Inc. | 2.81% | 17.1 | 22.8 | 9.3 | 0.26% | 4.21% |
| AVGO | Broadcom Inc. | 2.55% | 43.3 | 19.4 | 17.6 | 0.79% | 1.51% |
| GOOG | Alphabet Inc. | 2.22% | 16.9 | 21.8 | 9.2 | 0.26% | 3.36% |
| META | Meta Platforms, Inc. | 2.03% | 26.7 | 22.1 | 7.9 | 0.30% | 1.94% |
| TSLA | Tesla, Inc. | 1.65% | 328.4 | 158.7 | 13.5 | — | 0.13% |
| MU | Micron Technology, Inc. | 1.47% | 11.8 | 7.0 | 7.5 | 0.07% | 3.18% |
| JPM | JPMorgan Chase & Co. | 1.43% | 14.2 | 13.5 | 4.7 | 1.94% | 2.56% |
| LLY | Eli Lilly and Company | 1.35% | 42.2 | 24.4 | 14.1 | 0.55% | 0.82% |
| AMD | Advanced Micro Devices, Inc. | 1.29% | 134.9 | 39.5 | 20.9 | — | 0.24% |
| CVX | Chevron Corporation | 1.09% | 21.2 | 15.2 | 2.1 | 3.16% | 1.31% |
| XOM | Exxon Mobil Corporation | 1.05% | 23.0 | 14.8 | 2.0 | 2.30% | 1.17% |
| ABBV | AbbVie Inc. | 1.04% | 80.6 | 16.4 | 7.8 | 2.42% | 0.33% |
| HD | The Home Depot, Inc. | 0.83% | 21.5 | 19.8 | 1.8 | 3.01% | 0.99% |
| PFE | Pfizer Inc. | 0.77% | 38.9 | 9.7 | 2.6 | 5.81% | 0.51% |
| VZ | Verizon Communications Inc. | 0.74% | 11.7 | 8.7 | 1.3 | 6.32% | 1.63% |
| JNJ | Johnson & Johnson | 0.74% | 38.8 | 21.0 | 6.2 | 2.10% | 0.49% |
| PLTR | Palantir Technologies Inc. | 0.73% | 160.4 | 85.5 | 72.6 | — | 0.12% |
| MRK | Merck & Co., Inc. | 0.71% | 115.8 | 15.3 | 5.4 | 2.33% | 0.16% |
| TXN | Texas Instruments Incorporated | 0.68% | 42.1 | 27.5 | 13.0 | 2.20% | 0.41% |
| PEP | PepsiCo, Inc. | 0.68% | 16.5 | 14.9 | 1.8 | 4.50% | 1.05% |
| PM | Philip Morris International Inc. | 0.67% | 29.5 | 20.9 | 7.5 | 3.12% | 0.58% |
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 UDIV valuation
Adding up its 285 holdings with company data, UDIV trades at 25.1 times trailing earnings and 18.8 times analysts' forward estimates, with a price-to-book ratio of 4.95 and a dividend yield of 1.59%. Its earnings yield of 3.98% is 1.35 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 37.4% of the fund and earn 36.3% of its combined profit. By sector, Basic Materials is the most expensive at 107.0 times earnings and Financial Services the cheapest at 14.9. Companies that lost money over the past year are 2.6% 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 99.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: UDIV chart, UDIV performance, UDIV holdings, UDIV dividends.
UDIV valuation FAQ
What is the P/E ratio of UDIV?
Based on its holdings, UDIV has a trailing P/E of 25.1 and a forward P/E of 18.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of UDIV?
The trailing earnings yield is 3.98% (1 ÷ P/E) and the forward earnings yield 5.31%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is UDIV more expensive than the S&P 500?
UDIV trades at 25.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 18.8 and 19.9.
What is the price-to-book ratio of UDIV?
The holdings of UDIV trade at 4.95 times book value, with a combined return on equity of 19.7%.
Which sector in UDIV has the highest P/E?
Basic Materials has the highest P/E at 107.0 and Financial Services the lowest at 14.9.