FLV - Better Buy: Vanguard Value ETF or American Century Focused Large Cap Value ETF?
While certain sectors and industries have performed well, no major benchmarks have posted positive returns in 2022 year to date. Clearly, the bear market bite has been felt across the market. But generally speaking, two broad trends have emerged and will likely stay with us for a while -- value has outperformed growth and large caps have outperformed mid and small caps.
Given this reality, let?s take a look at two popular, but different, large-cap value exchange-traded funds (ETFs), the Vanguard Value ETF (NYSEMKT: VTV) and the American Century Focused Large Cap Value ETF (NYSEMKT: FLV) . Which is the better investment?
The Vanguard Value ETF tracks the performance of the CRSP U.S. Large Cap Value Index, which large-cap value stocks from within the larger CRSP U.S. Large Cap Index, a slightly larger universe than the S&P 500 , with about 600 stocks. The Vanguard Value ETF holds about 349 stocks, with a median market cap of $117 billion. About 20% of the portfolio is in healthcare stocks, while 19.3% is in financials and 11% is in consumer staples.
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Better Buy: Vanguard Value ETF or American Century Focused Large Cap Value ETF?