Source: Sector SPDRs
19 Large-Cap Value ETFs
Among large-cap equity ETFs, there are 19 value ETFs to choose from that are commanding more than $78 billion in combined assets. At least six of these funds have at least $1 billion in assets, are large, liquid and well-established funds:
- iShares Russell 1000 Value ETF (IWD) has $32.8 billion in assets. It costs 0.20% in expense ratio—the biggest and oldest in the segment.
- Vanguard Value Index Fund (VTV) has $25.2 billion in assets. It costs 0.08% in expense ratio.
- iShares S&P 500 Value ETF (IVE) has $11.5 billion in assets. It costs 0.18% in expense ratio.
- Schwab U.S. Large-Cap Value ETF (SCHV) has $2.6 billion in assets. It costs 0.06% in expense ratio—the cheapest in the segment.
- Vanguard Mega Cap Value Index Fund (MGV) has $1.4 billion in assets. It costs 0.09% in expense ratio.
- PowerShares Dynamic Large Cap Value Portfolio (PWV) has $1.1 billion in assets. It costs 0.57% in expense ratio.
But the segment is known for offering investors a diverse lineup of approaches to owning value names. Consider that Vanguard alone offers four different U.S. large-cap value ETFs, VTV being the largest of them.
There are the market-cap-weighted, vanilla takes on the segment that include the likes of VTV, MGV and IWD. They are all liquid, and relatively cheap to own.