Value looks set to lag growth for the second successive calendar year, but the long-term mean-reversion opportunity still burns bright, particularly in light of the relative valuations. We highlight why VOOV may not be the best way to play large-cap value. The financial sector which dominates VOOV's portfolio is causing some positive surprises and could see some degree of re-rating.
Designed to provide broad exposure to the Large Cap Value segment of the US equity market, the Vanguard S&P 500 Value ETF (VOOV) is a passively managed exchange traded fund launched on 09/09/2010.
Looking for broad exposure to the Large Cap Value segment of the US equity market? You should consider the Vanguard S&P 500 Value ETF (VOOV), a passively managed exchange traded fund launched on 09/09/2010.
The value has lost ground to growth stocks for close to 18 months, despite strength in the underlying US economy. VOOV features high liquidity and a low cost, providing long-term investors a solid choice for factor exposure. Despite relative weakness to US large cap growth, I see upside ahead with VOOV, and highlight key price levels on the chart to monitor.
Looking for broad exposure to the Large Cap Value segment of the US equity market? You should consider the Vanguard S&P 500 Value ETF (VOOV), a passively managed exchange traded fund launched on 09/09/2010.