ClearBridge Dividend Strategy ESG ETF (YLDE) Valuation

NASDAQ: YLDEP/E, earnings yield and other ratios of the holdings combined.

YLDE valuation today

Holdings combined · company data as of Oct 26, 2026

P/E (TTM): 22.7
Forward P/E: 16.8
Price / sales: 2.50
Price / book: 4.10
EV / EBITDA: 14.6
Earnings yield: 4.40%
Dividend yield: 2.17%
Return on equity: 18.1%
Net margin: 11.0%
Beta: 0.88

YLDE valuation vs other stock ETFs

P/E (TTM)Forward P/E

YLDE valuation compared with other stock ETFs
ETF	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE	Net margin	Loss-makers
YLDE	22.7	16.8	2.50	4.10	2.17%	18.1%	11.0%	3.3%
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.

YLDE valuation by sector

P/E (TTM)Forward P/E

YLDE valuation by sector
Sector	Weight	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE
Financial Services	18.8%	18.2	12.7	2.34	2.87	2.28%	15.7%
Technology	18.0%	30.2	23.7	3.20	12.90	1.12%	42.7%
Energy	9.6%	24.9	19.6	3.45	3.36	2.80%	13.5%
Communication Services	9.5%	14.1	12.3	1.83	2.40	2.14%	16.9%
Industrials	8.2%	23.4	18.7	3.13	9.41	1.90%	40.2%
Consumer Defensive	7.6%	17.3	19.1	3.78	7.98	2.84%	46.1%
Healthcare	6.9%	34.4	14.2	0.81	2.35	2.36%	6.8%
Basic Materials	5.7%	64.6	21.3	5.15	4.51	1.74%	7.0%
Real Estate	4.8%	26.9	25.8	9.27	14.81	3.94%	55.1%
Utilities	1.8%	24.1	14.5	4.02	1.62	3.15%	6.7%

YLDE earnings yield vs bond yields

YLDE earnings yield (forward)

5.94%

YLDE earnings yield (trailing)

4.40%

YLDE dividend yield

2.17%

Bond market yield (AGG)

5.33%

T-bill yield (BIL)

3.91%

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 YLDE weight splits by P/E

Share of the covered weight in companies with a trailing P/E in each range.

YLDE largest holdings: valuation

YLDE largest holdings valuation
Symbol	Company	Weight	P/E	Fwd P/E	P/S	Div. yield	Share of earnings
WMB	The Williams Companies, Inc.	4.16%	28.4	26.8	7.1	2.95%	3.78%
XOM	Exxon Mobil Corporation	3.59%	23.0	14.8	2.0	2.30%	4.03%
MSFT	Microsoft Corporation	3.32%	29.5	25.1	11.8	0.74%	2.91%
OTIS	Otis Worldwide Corporation	2.98%	18.3	15.1	1.8	2.47%	4.20%
NVDA	NVIDIA Corporation	2.97%	27.1	24.9	17.1	0.47%	2.84%
GOOGL	Alphabet Inc.	2.95%	17.1	22.8	9.3	0.26%	4.46%
APD	Air Products and Chemicals, Inc.	2.87%	—	19.9	5.3	2.42%	−0.05%
MRSH	Marsh & McLennan Companies, Inc.	2.85%	22.5	15.0	3.2	2.10%	3.27%
NSRGY	Nestle SA ADR	2.83%	—	—	—	—	—
ADP	Automatic Data Processing, Inc.	2.71%	26.4	22.0	5.2	2.35%	2.65%
UL	Unilever PLC	2.63%	13.4	16.4	2.8	3.21%	5.07%
APO	Apollo Global Management, Inc.	2.52%	39.7	11.7	1.8	2.03%	1.64%
UNP	Union Pacific Corporation	2.48%	23.4	19.3	6.8	1.97%	2.73%
AMT	American Tower Corporation	2.46%	25.5	24.6	7.9	3.86%	2.49%
H6D	Haleon PLC	2.44%	—	—	—	—	—
PSA	Public Storage	2.34%	28.5	27.2	11.4	4.02%	2.12%
BX	Blackstone Inc.	2.33%	23.9	15.9	8.2	4.91%	2.52%
TRV	The Travelers Companies, Inc.	2.24%	10.5	10.8	1.7	1.28%	5.53%
TMUS	T-Mobile US, Inc.	2.22%	16.6	11.7	1.9	2.94%	3.44%
AAPL	Apple Inc.	2.18%	39.4	35.2	10.7	0.31%	1.43%
MET	MetLife, Inc.	2.17%	19.3	10.5	0.8	2.35%	2.90%
V	Visa Inc.	2.08%	34.3	24.0	17.0	0.67%	1.57%
BDX	Becton, Dickinson and Company	2.04%	44.6	13.7	2.3	2.19%	1.18%
HONAV	Honeywell Aerospace Inc. Common Stock When Issued	1.99%	—	—	—	—	—
TXN	Texas Instruments Incorporated	1.99%	42.1	27.5	13.0	2.20%	1.22%

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 YLDE valuation

Adding up its 42 holdings with company data, YLDE trades at 22.7 times trailing earnings and 16.8 times analysts' forward estimates, with a price-to-book ratio of 4.10 and a dividend yield of 2.17%. Its earnings yield of 4.40% is 0.93 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).

The ten largest holdings are 31.2% of the fund and earn 33.2% of its combined profit. By sector, Basic Materials is the most expensive at 64.6 times earnings and Communication Services the cheapest at 14.1. Companies that lost money over the past year are 3.3% 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 89.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.

YLDE valuation FAQ

What is the P/E ratio of YLDE?

Based on its holdings, YLDE has a trailing P/E of 22.7 and a forward P/E of 16.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).

What is the earnings yield of YLDE?

The trailing earnings yield is 4.40% (1 ÷ P/E) and the forward earnings yield 5.94%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.

Is YLDE more expensive than the S&P 500?

YLDE trades at 22.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 16.8 and 19.9.

What is the price-to-book ratio of YLDE?

The holdings of YLDE trade at 4.10 times book value, with a combined return on equity of 18.1%.

Which sector in YLDE has the highest P/E?

Basic Materials has the highest P/E at 64.6 and Communication Services the lowest at 14.1.