Defiance Connective Technologies ETF (UFOX) Valuation
UFOX valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 71.5 trailing earnings
- Forward P/E
- 21.8 analyst estimates
- Price / sales
- 3.21
- Price / book
- 5.39
- EV / EBITDA
- 21.2
- Earnings yield
- 1.40% inverse of P/E
- Dividend yield
- 0.77% of the holdings
- Return on equity
- 7.5% combined
- Net margin
- 4.5% combined
- Beta
- 1.47 weighted, vs S&P 500
UFOX valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| UFOX | 71.5 | 21.8 | 3.21 | 5.39 | 0.77% | 7.5% | 4.5% | 25.2% |
| 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.
UFOX valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 73.6% | 52.1 | 22.4 | 2.92 | 5.84 | 0.53% | 11.2% |
| Industrials | 12.3% | n/m | 279.6 | 15.94 | 7.38 | 0.00% | −23.8% |
| Communication Services | 7.8% | 36.1 | 8.9 | 1.94 | 2.62 | 2.82% | 7.2% |
| Real Estate | 4.5% | 43.5 | 39.0 | 9.03 | 5.43 | 2.94% | 12.5% |
UFOX 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 UFOX weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
UFOX largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AAPL | Apple Inc. | 5.92% | 39.4 | 35.2 | 10.7 | 0.31% | 11.42% |
| SPCX | Space Exploration Technologies Corp. | 5.33% | — | 200.0 | 83.5 | — | −1.78% |
| NVDA | NVIDIA Corporation | 4.98% | 27.1 | 24.9 | 17.1 | 0.47% | 13.99% |
| AVGO | Broadcom Inc. | 4.62% | 43.3 | 19.4 | 17.6 | 0.79% | 8.10% |
| CSCO | Cisco Systems, Inc. | 3.62% | 32.2 | 19.8 | 6.7 | 1.56% | 8.53% |
| MRVL | Marvell Technology, Inc. | 2.33% | 72.3 | 62.1 | 21.7 | 0.11% | 2.45% |
| ORCL | Oracle Corporation | 2.30% | 20.1 | 17.8 | 5.4 | 1.56% | 8.70% |
| SWKS | Skyworks Solutions, Inc. | 2.23% | 41.3 | 17.8 | 4.7 | — | 4.10% |
| ANET | Arista Networks, Inc. | 2.19% | 55.8 | 39.2 | 21.2 | — | 2.98% |
| QCOM | QUALCOMM Incorporated | 2.12% | 19.9 | 19.6 | 4.2 | 2.14% | 8.10% |
| RKLB | Rocket Lab USA, Inc. | 1.93% | — | — | 42.3 | — | −0.73% |
| DDOG | Datadog, Inc. | 1.88% | 494.2 | 84.7 | 22.4 | — | 0.29% |
| NET | Cloudflare, Inc. | 1.70% | — | 178.6 | 42.0 | — | −0.23% |
| NABL | N-able, Inc. | 1.64% | — | 9.7 | 1.6 | — | −0.84% |
| AMT | American Tower Corporation | 1.63% | 25.5 | 24.6 | 7.9 | 3.86% | 4.86% |
| DT | Dynatrace, Inc. | 1.62% | 122.2 | 29.6 | 8.5 | — | 1.01% |
| NTAP | NetApp, Inc. | 1.61% | 28.7 | 21.4 | 5.4 | 1.02% | 4.26% |
| KD | Kyndryl Holdings, Inc. | 1.52% | 35.7 | 5.4 | 0.2 | — | 3.24% |
| VZ | Verizon Communications Inc. | 1.51% | 11.7 | 8.7 | 1.3 | 6.32% | 9.85% |
| EQIX | Equinix, Inc. | 1.51% | 63.4 | 52.1 | 9.8 | 2.09% | 1.81% |
| T | AT&T Inc. | 1.48% | 7.7 | 9.9 | 1.3 | 4.74% | 14.60% |
| FFIV | F5, Inc. | 1.45% | 35.2 | 24.6 | 7.6 | — | 3.13% |
| CIEN | Ciena Corporation | 1.41% | 74.4 | 39.8 | 7.8 | — | 1.45% |
| ERIC | Telefonaktiebolaget LM Ericsson (publ) | 1.41% | 17.0 | 18.0 | 1.4 | 3.03% | 6.31% |
| CRDO | Credo Technology Group Holding Ltd | 1.40% | 60.2 | 30.9 | 20.0 | — | 1.77% |
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 UFOX valuation
Adding up its 56 holdings with company data, UFOX trades at 71.5 times trailing earnings and 21.8 times analysts' forward estimates, with a price-to-book ratio of 5.39 and a dividend yield of 0.77%. Its earnings yield of 1.40% is 3.93 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 35.6% of the fund and earn 66.6% of its combined profit. By sector, Technology is the most expensive at 52.1 times earnings and Communication Services the cheapest at 36.1. Companies that lost money over the past year are 25.2% 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 94.2% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: UFOX chart, UFOX performance, UFOX holdings, UFOX dividends.
UFOX valuation FAQ
What is the P/E ratio of UFOX?
Based on its holdings, UFOX has a trailing P/E of 71.5 and a forward P/E of 21.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of UFOX?
The trailing earnings yield is 1.40% (1 ÷ P/E) and the forward earnings yield 4.59%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is UFOX more expensive than the S&P 500?
UFOX trades at 71.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 21.8 and 19.9.
What is the price-to-book ratio of UFOX?
The holdings of UFOX trade at 5.39 times book value, with a combined return on equity of 7.5%.
Which sector in UFOX has the highest P/E?
Technology has the highest P/E at 52.1 and Communication Services the lowest at 36.1.