US small cap value

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This page presents a selection of US small cap value index funds and exchange traded funds.

Selection

Most indexes are market-cap weighted and hold a subset of the target small-cap index. However, the "pure value" indexes weight the value stocks by a measure of their value characteristic, which is why they have much lower market caps (bordering on micro-cap) and price/book ratios. (Note that funds report portfolios on different dates; the S&P 600 Value ETFs should all have the same holdings, even though they have different reported market caps and price/book ratios.)

Selected funds[1]
Ticker
Symbol
Name Expense Ratio Average
Volume
Average
Mkt Cap
P/B Total
Assets
VBR Vanguard Small-Cap Value ETF 0.07% 782,844
(50-day)
$3.3B (median) 1.3 $12.4B
JKL iShares Morningstar Small Value Index ETF 0.30% 11,183.90
(20-day)
--- 1.00 $241M
SLYV SPDR S&P Small-Cap 600 Value ETF 0.15% 29,428
(1-day)
$1,380.58M 0.96 $1,865M
VIOV S&P Small-Cap 600 Value ETF 0.15% 54,417
(50-day)
$1.2B (median) 1.0 $409.4M
IJS iShares S&P Small-Cap 600 Value Index 0.25% 293,938.70
(20-day)
--- 1.02 $4,468M
VTWV Vanguard Russell 2000 Value ETF 0.15% 40,501
(50-day)
$1.6B (median) 1.0 $409.4M
IWN iShares Russell 2000 Value Index 0.24% 1,330,621
(20-day)
--- 0.99 $7,18B
XSVM PowerShares Russell 2000 Pure Value ETF[2] 0.44% 19,174
(30-day)
$954MM 0.8 $60.3MM
RZV Invesco S&P Small-Cap 600 Pure Value ETF 0.35% 17,917
(30-day)
$772MM 0.54 $89.9MM
  1. As of July 8, 2020.
  2. Replaces PXSV (Invesco Russell 2000 Pure Value ETF) as of March 11, 2019 - Invesco ETF Index Change 3.11.19-final.

Small cap value ETFs based on Alternate Indexes include PowerShares Dynamic Small Cap Value (PWY) and WisdomTree SmallCap Earnings (EES).

See also

External links

Resources

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