ERShares Private-Public Crossover ETF (XOVR) Valuation
XOVR valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 30.8 trailing earnings
- Forward P/E
- 23.3 analyst estimates
- Price / sales
- 6.68
- Price / book
- 8.11
- EV / EBITDA
- 21.9
- Earnings yield
- 3.25% inverse of P/E
- Dividend yield
- 0.17% of the holdings
- Return on equity
- 26.4% combined
- Net margin
- 21.7% combined
- Beta
- 1.63 weighted, vs S&P 500
XOVR valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| XOVR | 30.8 | 23.3 | 6.68 | 8.11 | 0.17% | 26.4% | 21.7% | 5.3% |
| 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.
XOVR valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 28.0% | 35.5 | 24.8 | 9.90 | 19.50 | 0.29% | 55.0% |
| Healthcare | 19.8% | 33.4 | 21.9 | 4.47 | 4.92 | 0.11% | 14.7% |
| Communication Services | 14.5% | 21.8 | 21.1 | 9.38 | 8.27 | 0.20% | 37.9% |
| Consumer Cyclical | 8.5% | 39.3 | 19.5 | 4.22 | 6.25 | 0.00% | 15.9% |
| Financial Services | 4.4% | 20.2 | 39.7 | 8.75 | 6.10 | 0.00% | 30.1% |
| Industrials | 1.4% | 161.9 | 58.1 | 9.85 | 10.15 | 0.00% | 6.3% |
XOVR 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 XOVR weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
XOVR largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 9.56% | 27.1 | 24.9 | 17.1 | 0.47% | 14.16% |
| GOOGL | Alphabet Inc. | 5.61% | 17.1 | 22.8 | 9.3 | 0.26% | 13.16% |
| META | Meta Platforms, Inc. | 4.67% | 26.7 | 22.1 | 7.9 | 0.30% | 7.00% |
| UI | Ubiquiti Inc. | 3.79% | 37.9 | 28.5 | 11.1 | 0.67% | 4.01% |
| CART | Instacart (Maplebear Inc.) | 3.62% | 27.2 | 13.0 | 3.0 | — | 5.33% |
| TOST | Toast, Inc. | 3.56% | 40.0 | 17.6 | 2.7 | — | 3.57% |
| GMED | Globus Medical, Inc. | 3.48% | 19.7 | 13.9 | 3.3 | — | 7.09% |
| VEEV | Veeva Systems Inc. | 2.82% | 50.9 | 30.2 | 14.5 | — | 2.22% |
| DASH | DoorDash, Inc. | 2.63% | 99.6 | 38.0 | 5.2 | — | 1.06% |
| FTNT | Fortinet, Inc. | 2.39% | 59.8 | 45.0 | 16.5 | — | 1.60% |
| YZ8 | Permian Resources Corporation | 2.36% | — | — | — | — | — |
| EXEL | Exelixis, Inc. | 2.35% | 19.6 | 13.6 | 6.3 | — | 4.80% |
| NTRA | Natera, Inc. | 2.32% | — | — | 20.9 | — | −0.32% |
| ABNB | Airbnb, Inc. | 2.28% | 39.6 | 25.4 | 7.9 | — | 2.31% |
| AFRM | Affirm Holdings, Inc. | 2.27% | 13.4 | 35.6 | 5.9 | — | 6.80% |
| NBIX | Neurocrine Biosciences, Inc. | 2.23% | 19.9 | 14.1 | 4.1 | — | 4.50% |
| ANET | Arista Networks, Inc. | 2.19% | 55.8 | 39.2 | 21.2 | — | 1.57% |
| HOOD | Robinhood Markets, Inc. | 2.17% | 43.6 | 45.0 | 18.0 | — | 2.00% |
| APP | AppLovin Corporation | 2.15% | 20.5 | 15.4 | 13.1 | — | 4.21% |
| RDDT | Reddit, Inc. | 2.10% | 36.3 | 23.2 | 10.8 | — | 2.32% |
| RMD | ResMed Inc. | 2.01% | 22.9 | 18.5 | 5.9 | 1.10% | 3.52% |
| KRYS | Krystal Biotech, Inc. | 1.93% | 39.7 | 46.9 | 21.3 | — | 1.95% |
| ALAB | Astera Labs, Inc. | 1.76% | 140.8 | 55.6 | 41.3 | — | 0.50% |
| TEM | Tempus AI, Inc. | 1.73% | — | — | 8.2 | — | −1.50% |
| MPWR | Monolithic Power Systems, Inc. | 1.70% | 73.7 | 38.8 | 18.2 | 0.66% | 0.93% |
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 XOVR valuation
Adding up its 28 holdings with company data, XOVR trades at 30.8 times trailing earnings and 23.3 times analysts' forward estimates, with a price-to-book ratio of 8.11 and a dividend yield of 0.17%. Its earnings yield of 3.25% is 2.08 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 42.1% of the fund and earn 59.2% of its combined profit. By sector, Industrials is the most expensive at 161.9 times earnings and Financial Services the cheapest at 20.2. Companies that lost money over the past year are 5.3% 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 97.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: XOVR chart, XOVR performance, XOVR holdings.
XOVR valuation FAQ
What is the P/E ratio of XOVR?
Based on its holdings, XOVR has a trailing P/E of 30.8 and a forward P/E of 23.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of XOVR?
The trailing earnings yield is 3.25% (1 ÷ P/E) and the forward earnings yield 4.29%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is XOVR more expensive than the S&P 500?
XOVR trades at 30.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 23.3 and 19.9.
What is the price-to-book ratio of XOVR?
The holdings of XOVR trade at 8.11 times book value, with a combined return on equity of 26.4%.
Which sector in XOVR has the highest P/E?
Industrials has the highest P/E at 161.9 and Financial Services the lowest at 20.2.