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Value ETFs witness a surge as tech falters, with SPVU, RPV, RZV, RFV and GVLU gaining on rate cut bets and rotation into defensive sectors.
GVLU is an actively managed multi-cap value fund with a 0.50% expense ratio and $160 million in assets under management. Managers Joel Greenblatt and Robert Goldstein emphasize quality and value, believing these two factors will lead to superior long-term returns. I tested GVLU's fundamentals against four alternatives. GVLU offers an excellent valuation discount against its benchmark, the Russell 1000 Value Index. Its weighted average 10.18% return on total capital was also impressive compared to other multi-cap funds.
Gotham Asset Management is looking to short midcap and large-cap stocks with its latest exchange traded fund (ETF). Now, the issuer has launched the Gotham Short Strategies ETF (NYSE Arca: SHRT) on the New York Stock Exchange.
Gotham ETFs has launched a new value ETF this month.
Gotham Asset Management has launched the Gotham 1000 Value ETF (NYSE Arca: GVLU), an actively managed exchange-traded fund that begins trading Wednesday on the New York Stock Exchange Arca. GVLU invests in equity securities of 400 to 600 mid- to large-capitalization companies selected from a universe of the largest 1,400 companies listed on U.S. stock [.