Westwood Enhanced Income Opportunity ETF (YLDW) Valuation
YLDW valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 25.1 trailing earnings
- Forward P/E
- 18.2 analyst estimates
- Price / sales
- 2.90
- Price / book
- 4.57
- EV / EBITDA
- 16.5
- Earnings yield
- 3.99% inverse of P/E
- Dividend yield
- 1.70% of the holdings
- Return on equity
- 18.2% combined
- Net margin
- 11.6% combined
- Beta
- 0.93 weighted, vs S&P 500
YLDW valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| YLDW | 25.1 | 18.2 | 2.90 | 4.57 | 1.70% | 18.2% | 11.6% | 6.0% |
| 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.
YLDW valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 23.6% | 29.4 | 21.0 | 5.09 | 8.22 | 0.92% | 27.9% |
| Healthcare | 10.9% | 243.1 | 15.3 | 5.06 | 6.37 | 2.37% | 2.6% |
| Financial Services | 9.5% | 15.0 | 13.0 | 4.24 | 2.67 | 2.40% | 17.8% |
| Industrials | 7.0% | 18.4 | 19.5 | 1.35 | 3.74 | 1.39% | 20.4% |
| Energy | 5.3% | 18.3 | 15.5 | 2.14 | 2.53 | 3.97% | 13.8% |
| Communication Services | 4.1% | 19.5 | 22.6 | 8.80 | 7.02 | 0.27% | 36.0% |
| Consumer Defensive | 3.6% | 34.3 | 26.1 | 2.38 | 20.02 | 2.11% | 58.4% |
| Consumer Cyclical | 3.4% | 21.8 | 21.4 | 0.70 | 3.10 | 0.31% | 14.3% |
| Utilities | 1.6% | 21.6 | 17.5 | 4.00 | 2.19 | 3.13% | 10.1% |
| Real Estate | 1.4% | 27.7 | 29.2 | 12.36 | 2.37 | 3.40% | 8.6% |
YLDW 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 YLDW weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
YLDW largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| GILD | Gilead Sciences, Inc. | 4.12% | — | 15.6 | 6.4 | 2.10% | −2.54% |
| MSFT | Microsoft Corporation | 3.43% | 29.5 | 25.1 | 11.8 | 0.74% | 4.23% |
| MRK | Merck & Co., Inc. | 3.25% | 115.8 | 15.3 | 5.4 | 2.33% | 1.02% |
| AAPL | Apple Inc. | 3.09% | 39.4 | 35.2 | 10.7 | 0.31% | 2.85% |
| NVDA | NVIDIA Corporation | 2.77% | 27.1 | 24.9 | 17.1 | 0.47% | 3.72% |
| GOOGL | Alphabet Inc. | 2.71% | 17.1 | 22.8 | 9.3 | 0.26% | 5.76% |
| JPM | JPMorgan Chase & Co. | 2.52% | 14.2 | 13.5 | 4.7 | 1.94% | 6.43% |
| DELL | Dell Technologies Inc. | 2.37% | 26.3 | 21.3 | 1.9 | 0.56% | 3.29% |
| CSCO | Cisco Systems, Inc. | 2.36% | 32.2 | 19.8 | 6.7 | 1.56% | 2.67% |
| AMZN | Amazon.com, Inc. | 2.31% | 20.1 | 23.6 | 3.5 | — | 4.17% |
| FDS | FactSet Research Systems Inc. | 2.26% | 20.7 | 13.9 | 4.3 | 1.54% | 3.96% |
| KMI | Kinder Morgan, Inc. | 2.11% | 22.1 | 20.0 | 4.2 | 3.45% | 3.48% |
| HII | Huntington Ingalls Industries, Inc. | 2.10% | 16.2 | 12.6 | 0.8 | 2.03% | 4.71% |
| ABX | Barrick Gold Corp | 2.08% | — | — | — | — | — |
| PM | Philip Morris International Inc. | 2.03% | 29.5 | 20.9 | 7.5 | 3.12% | 2.51% |
| QCOM | QUALCOMM Incorporated | 1.99% | 19.9 | 19.6 | 4.2 | 2.14% | 3.63% |
| HSBC | HSBC Holdings plc | 1.92% | 13.5 | 10.7 | 4.8 | 3.97% | 5.17% |
| DT | Dynatrace, Inc. | 1.92% | 122.2 | 29.6 | 8.5 | — | 0.57% |
| AVGO | Broadcom Inc. | 1.92% | 43.3 | 19.4 | 17.6 | 0.79% | 1.61% |
| MDT | Medtronic plc | 1.86% | 23.3 | 14.9 | 3.2 | 3.04% | 2.90% |
| ALC | Alcon AG | 1.70% | — | — | — | — | — |
| EPD | Enterprise Products Partners L.P. | 1.67% | 12.8 | 11.9 | 1.4 | 6.08% | 4.74% |
| LNT | Alliant Energy Corporation | 1.64% | 21.6 | 17.5 | 4.0 | 3.13% | 2.75% |
| MS | Morgan Stanley | 1.63% | 14.3 | 14.9 | 3.6 | 2.55% | 4.15% |
| WMT | Walmart Inc. | 1.61% | 43.0 | 38.0 | 1.3 | 0.83% | 1.36% |
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 YLDW valuation
Adding up its 35 holdings with company data, YLDW trades at 25.1 times trailing earnings and 18.2 times analysts' forward estimates, with a price-to-book ratio of 4.57 and a dividend yield of 1.70%. Its earnings yield of 3.99% is 1.34 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 28.9% of the fund and earn 31.6% of its combined profit. By sector, Healthcare is the most expensive at 243.1 times earnings and Financial Services the cheapest at 15.0. Companies that lost money over the past year are 6.0% 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 90.5% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: YLDW chart, YLDW holdings, YLDW dividends.
YLDW valuation FAQ
What is the P/E ratio of YLDW?
Based on its holdings, YLDW has a trailing P/E of 25.1 and a forward P/E of 18.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of YLDW?
The trailing earnings yield is 3.99% (1 ÷ P/E) and the forward earnings yield 5.49%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is YLDW more expensive than the S&P 500?
YLDW trades at 25.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 18.2 and 19.9.
What is the price-to-book ratio of YLDW?
The holdings of YLDW trade at 4.57 times book value, with a combined return on equity of 18.2%.
Which sector in YLDW has the highest P/E?
Healthcare has the highest P/E at 243.1 and Financial Services the lowest at 15.0.