IVE - QVAL: Under-The-Radar Value ETF At 8x Earnings
2024-02-07 14:28:59 ET
Summary
- Investors should consider allocations that offset potential losses from a rotation out of currently favored companies in the S&P 500.
- QVAL is a focused Value ETF that aims to capture upside potential by targeting securities trading below book value.
- QVAL's equal-weighting scheme and sector allocation make it a pure Value play with a favorable P/E ratio, making it a recommended buy.
Value is back, value is back! Yeah, we've heard that one before. Value investing, which used to be thought of as the true-blue way to invest, the subject of classic books and the generator of consistent alpha, has become the butt of many investment industry jokes. Maybe the performance of the iShares S&P 500 Value ETF ( IVE ) and the iShares S&P 500 Growth ETF ( IVW ) since the start of 2017 has something to do with that perception. The scoreboard reads: 185% for IVW, 101% for IVE....
QVAL: Under-The-Radar Value ETF At 8x Earnings