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Vanguard S&P 500 Value ETF (VOOV) was previously rated 'hold' due to its average performance and fundamentals. Since March, it's delivered on those expectations with a 12.34% total return. This article argues that the Vanguard Mega Cap Value ETF (MGV) is the superior choice. Apart from stronger total and risk-adjusted returns, it beats VOOV fundamentally at its own game. My analysis reveals how MGV has cheaper trailing P/B, P/S, and P/E ratios. Furthermore, its 13.35x forward P/E represents a 25% discount to VOOV, plus it has a higher yield.
Designed to provide broad exposure to the Large Cap Value segment of the US equity market, the Vanguard S&P 500 Value Index Fund ETF Shares (VOOV) is a passively managed exchange traded fund launched on September 9, 2010.
Arlington Trust Co LLC cut its stake in Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) by 26.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,426 shares of the company's stock after selling 3,707 shares during the period. Vanguard S&P
If you're interested in broad exposure to the Large Cap Value segment of the US equity market, look no further than the Vanguard S&P 500 Value Index Fund ETF Shares (VOOV), a passively managed exchange traded fund launched on September 9, 2010.
The Vanguard S&P 500 Value ETF receives a reiterated buy rating, supported by strong technicals and reasonable valuation. VOOV trades at just under 19x earnings, maintaining a 1.5-point P/E discount to the S&P 500 and a 9.83% long-term earnings growth rate. Sector overweights in Financials, Health Care, and Industrials provide momentum, with recent outperformance and Apple's 7.9% exposure aiding results.
Value stocks have been doing marginally better compared to previous years, but they've still failed to narrow the gap.
The Vanguard S&P 500 Value Index Fund ETF Shares (NYSEARCA:VOOV | VOOV Price Prediction) distributes income four times a year from the dividend-paying half of the S&P 500, and at roughly $218 a share it has quietly compounded into a serviceable income vehicle.
The value-over-growth rotation that strategists had been calling for since the start of the year is finally showing up in fund returns.