US small cap value

From Bogleheads
Jump to: navigation, search

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.)

Ticker
Symbol
Name Expense
Ratio
[1]
Average
Volume [2]
Average
Mkt Cap [1]
P/B [1] Total
Assets [1]
VBR Vanguard Small-Cap Value ETF 0.08% 395,796 $2,920M 1.57 $23.3B
VSIAX Vanguard Small-Cap Value Index Admiral Shares 0.08% N/A $2,920M 1.57 $23.3B
VISVX Vanguard Small-Cap Value Index Investor Shares 0.20% N/A $2,920M 1.57 $23.3B
JKL iShares Morningstar Small Value Index ETF 0.30% 8,820 $2,829M 1.41 $422.2M
SLYV SPDR S&P Small-Cap 600 Value ETF 0.15% 10,500 $1,410M 1.64 $736M
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.20% 12,830 $1,241M 1.49 $161M
IJS iShares S&P Small-Cap 600 Value Index 0.25% 206,563 $1,410M 1.65 $4,450M
VTWV Vanguard Russell 2000 Value ETF 0.20% 9,633 $1,332M 1.24 $144M
IWN iShares Russell 2000 Value Index 0.25% 1,842,406 $1,522M 1.39 $8,700M
PXSV PowerShares Russell 2000 Pure Value ETF 0.39% 9,536 $861M 1.02 $73M
RZV Guggenheim S&P Small-Cap 600 Pure Value ETF 0.35% 24,382 $783M 0.93 $243M
  1. 1.0 1.1 1.2 1.3 According to Morningstar. As of 12/4/16.
  2. Three-month average volume according to Yahoo! Finance. As of 12/4/16.


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

Forum discussions