Virtus U.S. Dividend ETF (VUS) Valuation
VUS valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 20.2 trailing earnings
- Forward P/E
- 15.9 analyst estimates
- Price / sales
- 2.53
- Price / book
- 3.10
- EV / EBITDA
- 14.7
- Earnings yield
- 4.96% inverse of P/E
- Dividend yield
- 2.53% of the holdings
- Return on equity
- 15.4% combined
- Net margin
- 12.5% combined
- Beta
- 1.02 weighted, vs S&P 500
VUS valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| VUS | 20.2 | 15.9 | 2.53 | 3.10 | 2.53% | 15.4% | 12.5% | 3.4% |
| 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.
VUS valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 39.4% | 29.9 | 21.1 | 4.20 | 7.43 | 0.85% | 24.8% |
| Healthcare | 12.7% | 27.7 | 14.0 | 1.37 | 3.61 | 3.12% | 13.0% |
| Financial Services | 12.2% | 11.2 | 12.4 | 2.41 | 2.08 | 2.05% | 18.6% |
| Industrials | 9.4% | 13.2 | 10.4 | 2.89 | 2.14 | 4.16% | 16.2% |
| Real Estate | 8.3% | 28.6 | 17.9 | 2.22 | 1.08 | 7.02% | 3.8% |
| Energy | 5.6% | 11.4 | 11.4 | 1.97 | 1.86 | 6.69% | 16.3% |
| Communication Services | 3.7% | 17.2 | 19.1 | 5.55 | 5.31 | 0.92% | 30.8% |
| Consumer Defensive | 3.5% | 16.3 | 14.0 | 0.96 | 4.86 | 3.64% | 29.7% |
| Consumer Cyclical | 2.3% | 20.1 | 23.6 | 3.48 | 4.87 | 0.00% | 24.2% |
VUS 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 VUS weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
VUS largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AAPL | Apple Inc. | 7.13% | 39.4 | 35.2 | 10.7 | 0.31% | 3.84% |
| NVDA | NVIDIA Corporation | 5.59% | 27.1 | 24.9 | 17.1 | 0.47% | 4.39% |
| MSFT | Microsoft Corporation | 4.95% | 29.5 | 25.1 | 11.8 | 0.74% | 3.56% |
| AVGO | Broadcom Inc. | 3.07% | 43.3 | 19.4 | 17.6 | 0.79% | 1.50% |
| AMZN | Amazon.com, Inc. | 2.28% | 20.1 | 23.6 | 3.5 | — | 2.40% |
| CVX | Chevron Corporation | 1.80% | 21.2 | 15.2 | 2.1 | 3.16% | 1.80% |
| JPM | JPMorgan Chase & Co. | 1.80% | 14.2 | 13.5 | 4.7 | 1.94% | 2.68% |
| ABBV | AbbVie Inc. | 1.70% | 80.6 | 16.4 | 7.8 | 2.42% | 0.45% |
| MU | Micron Technology, Inc. | 1.68% | 11.8 | 7.0 | 7.5 | 0.07% | 3.02% |
| GOOGL | Alphabet Inc. | 1.60% | 17.1 | 22.8 | 9.3 | 0.26% | 1.98% |
| ADI | Analog Devices, Inc. | 1.58% | 47.0 | 23.2 | 13.8 | 1.11% | 0.71% |
| UNH | UnitedHealth Group Incorporated | 1.53% | 25.8 | 16.6 | 0.8 | 2.31% | 1.26% |
| AMGN | Amgen Inc. | 1.43% | 26.9 | 16.7 | 6.1 | 2.33% | 1.13% |
| CVS | CVS Health Corporation | 1.39% | 24.3 | 10.7 | 0.3 | 2.88% | 1.21% |
| JNJ | Johnson & Johnson | 1.34% | 38.8 | 21.0 | 6.2 | 2.10% | 0.73% |
| TXN | Texas Instruments Incorporated | 1.33% | 42.1 | 27.5 | 13.0 | 2.20% | 0.67% |
| INN | Summit Hotel Properties, Inc. | 1.32% | — | 40.7 | 1.0 | 4.89% | −0.94% |
| PFE | Pfizer Inc. | 1.30% | 38.9 | 9.7 | 2.6 | 5.81% | 0.71% |
| GNK | Genco Shipping & Trading Limited | 1.29% | 26.6 | 9.5 | 2.4 | 7.34% | 1.03% |
| USB | U.S. Bancorp | 1.26% | 11.4 | 10.4 | 3.3 | 3.68% | 2.33% |
| APH | Amphenol Corporation | 1.24% | 39.7 | 24.6 | 6.7 | 0.63% | 0.66% |
| SAQN | Software Acquisition Group Inc | 1.24% | — | — | — | — | — |
| PGR | The Progressive Corporation | 1.24% | 11.0 | 12.7 | 1.4 | 0.18% | 2.38% |
| CSCO | Cisco Systems, Inc. | 1.23% | 32.2 | 19.8 | 6.7 | 1.56% | 0.81% |
| PH | Parker-Hannifin Corporation | 1.23% | 33.8 | 27.5 | 5.7 | 0.83% | 0.77% |
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 VUS valuation
Adding up its 81 holdings with company data, VUS trades at 20.2 times trailing earnings and 15.9 times analysts' forward estimates, with a price-to-book ratio of 3.10 and a dividend yield of 2.53%. Its earnings yield of 4.96% is 0.37 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 31.6% of the fund and earn 25.6% of its combined profit. By sector, Technology is the most expensive at 29.9 times earnings and Financial Services the cheapest at 11.2. Companies that lost money over the past year are 3.4% 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 95.7% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: VUS chart, VUS holdings, VUS dividends.
VUS valuation FAQ
What is the P/E ratio of VUS?
Based on its holdings, VUS has a trailing P/E of 20.2 and a forward P/E of 15.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of VUS?
The trailing earnings yield is 4.96% (1 ÷ P/E) and the forward earnings yield 6.30%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is VUS more expensive than the S&P 500?
VUS trades at 20.2 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 15.9 and 19.9.
What is the price-to-book ratio of VUS?
The holdings of VUS trade at 3.10 times book value, with a combined return on equity of 15.4%.
Which sector in VUS has the highest P/E?
Technology has the highest P/E at 29.9 and Financial Services the lowest at 11.2.