iShares Large Cap Value Active ETF (BLCV)
ARCA ARCA Primary 
BLCV: Little Known Active Value ETF Beating Its Benchmark
BLCV is an actively managed and concentrated large-cap value ETF benchmarked against the Russell 1000 Value Index. Its expense ratio is 0.46% and the ETF has $29 million in AUM. Despite its relative unpopularity, BLCV has soundly beat its benchmark since its launch on May 19, 2023. I attribute this to its 13.17x forward P/E, which is discounted by 19%. This analysis compares BLCV with four alternatives: IWD, VTV, CGDV, and FELV. I determined it easily has the most exposure to the value factor, though I have concerns about quality.
Advisors Very Comfortable With Active Equity ETFs
Actively managed ETFs represented less than 10% of U.S. assets but gathered approximately 30% of the industry's flows this year, as of August. This is more than triple the market share achieved during 2021, when ETFs gathered more than $900 billion, the current record.
