Equity: U.S. - Large Cap Value
With 25 ETFs and over $206.45B in combined AUM, the Equity: U.S. - Large Cap Value segment provides exposure to the U.S. space with a focus on Large Cap securities.
Year-to-date, the best-performing ETF in the segment is the Invesco S&P 500 Pure Value ETF (RPV), with a total return of 32.25%. Meanwhile, the most popular ETF is the Vanguard Value ETF (VTV) with $82.97BB in assets under management.
Investors should take a look at the Vanguard Mega Cap Value ETF (MGV). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. MGV tracks the CRSP US Mega Cap Value Index. The index selects from stocks in the top 70% of market capitalization based on multiple value factors. MGV has an expense ratio of 0.07% and tracks the CRSP US Mega Cap Value Index.
ETF.com Efficiency Insight
The average efficiency score in the Equity: U.S. - Large Cap Value segment is 91 out of 100, with the Schwab U.S. Large-Cap Value ETF(SCHV) obtaining the highest rating of 99 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.30% per year, with the SPDR Portfolio S&P 500 Value ETF (SPYV) having the lowest expense ratio, charging investors 0.04% yearly.
Investors should look for funds with tight tracking, such as the Invesco S&P 500 Pure Value ETF (RPV), with a 12-month median tracking difference of 0.01%.
ETF.com Tradability Insight
The average tradability score in the Equity: U.S. - Large Cap Value segment is 87 out of 100, with the Vanguard Mega Cap Value ETF(MGV) obtaining the highest rating of 100 out of 100.
The iShares Russell 1000 Value ETF (IWD) is the undisputed segment leader when it comes to liquidity. The fund trades 396.73M in daily average volume. Investors should also find ample liquidity in the Vanguard Value ETF (VTV), with $391.35M in daily dollar volume.
Use limit orders to trade funds such as the KFA Value Line Dynamic Core Equity Index ETF(KVLE), due to their double-digit market spreads.
ETF.com Fit Insight
The MSCI USA Large Cap Value has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.
Investors trying to match a broad market exposure should pay attention to IWX. This fund obtains a high Fit score and investors should capture market-like returns.
Other funds diverge from the market, by nature of their investment mandates; for example, RPV follows a Value strategy and obtains a low Fit score compared with our neutral benchmark.