In advance: 1QTR22 <U/O> Matrix via Applied Indexation is currently available in multi-sheet format illustrating structured ecosystem composition and supply chain verticals within publicly traded Clean Energy Subindustry Benchmark ETF - PBW.
Iterative index applications of peer group analytics and valuation are demonstrated to provide effective Alpha and Alpha-Beta screens in a combined Renewables/Diversified Industrials/Technology sector-themed overlay. Segments include Wind, Solar, Fuel Cells, Smart Grid, Water, LED, Biofuel, Automotive, Natural Gas, Storage and Aviation plus further classifications detailing component member assignments based on corporate business segment operations (12 segments, 58 classifications, 243 single and multi-listed component members; n=78).
Transformative BSOs isolate sector/industry/subindustry drivers of valuation, peer-to-peer outgrowth and corporate revenue lines for execution of evolving dynamic portfolio strategies. Sentiment inflections and implicit correlations capture tiered catalysts (e.g. emerging technologies, sovereign/public policy, consumerism) for position build across investable long/short motifs: conventional, niche, thematic, megatrend, equity/corporates, value/growth and factor-based.
>> PBW performance: 1Q22 -8.4%, CY22 -18.1%; YTD dispersion +63.8%/-71.7% (041422).
>> SPX 12-month Fwd PE=19.0/1Q22 v. 21.1/4Q21, 20.5/3Q21, 21.4/2Q21 (FactSet); CAPE 34.6 from 38.5/37.9/38.6, mean 16.9 (Shiller).
>> PBW Fwd adj. PE=34.1 Beta=1.4 versus 34.4/1.4, 33.2/1.4 and 34.1/1.4 sequentially (40.0 individual maximum; N/A totals 62.6% based on portfolio weight and 62.8% of count, 13.0% on market capitalization; Large-cap 24.3%, Mid-cap 49.5%, Small-cap 26.2%).
‘<U/O> Applied Indexation …a brief tutorial.’ voiceover slide show outlining adaptive proprietary methodology is posted below without restriction. Please message direct for product suite access and development considerations.