This week we have US Value ETFs highlighted as our Smart Beta ETFs. US Value ETFs invest in the stocks of micro-, small-, mid-, and large-cap US companies that are trading close to or under their true value. Value has been out of favor for many years, but we saw a big shift at the end of 2020 and into 2021 as reopening ‘value’ plays became the next big rotational move. Q.ai’s deep learning algorithms have identified several of the top US Value Smart Beta ETFs based on fund flows over the last 90-days, 30-days, and 7-days. We’ve rated one ETF as Best, six as Good, and three as Caution for the week.
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Invesco S&P SmallCap 600 Pure Value ETF (RZV)
The first ETF scored Best for the week according to our AI systems is the Invesco S&P SmallCap 600 Pure Value ETF. This ETF is based on the S&P SmallCap 600 Pure Value Index, where value is measured by book value-to-price, earnings-to-price, and sales-to-price ratios. Based on AUM, it is on the smaller side with $114,643,848.35 AUM. Its net expense ratio of 0.35% is relatively middle of the pack compared to other value ETFs, but pricier than ETFs in different sectors. It has seen mixed fund flows, with a 90-day fund flow of $118,552,423.30, 30-day fund flow of -$12,903,033.10, and 1-week fund flow of -$836,374.10.
SPDR S&P 600 Small CapValue ETF (SLYV)
The first Good-rated ETF for this week is the SPDR S&P 600 Small CapValue ETF
Invesco S&P 500 Pure Value ETF (RPV)
The Invesco S&P 500 Pure Value ETF
Vanguard Mid-Cap Value ETF (VOE)
The Vanguard Mid-Cap Value ETF
Vanguard Small-Cap Value ETF (VBR)
Going down the cap level for value ETFs this week, our next ETF that is Good-rated for US Value Smart Beta ETFs
iShares Russell Mid-Cap Value ETF (IWS)
Similar to its Vanguard counterpart, next on the Good-rated ETFs this week is the iShares Russell Mid-Cap Value ETF
Invesco S&P MidCap 400 Pure Value ETF (RFV)
Our final Good-rated ETF this week is the Invesco S&P MidCap 400 Pure Value ETF
iShares Russell 2000 Value ETF (IWN)
The iShares Russell 2000 Value ETF
iShares S&P Mid-Cap 400 Value ETF (IJJ)
The iShares S&P Mid-Cap 400 Value ETF
iShares Edge MSCI USA Value Factor ETF (VLUE)
Our final ETF covered today is the iShares Edge MSCI USA Value Factor ETF
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