The DEEP ETF is a passive ETF designed to track the performance of the Acquirers Deep Value Index. The index uses the Acquirer's Multiple to assess undervaluation and profitability conditions together, and it gains exposure to US-listed companies without being fixed to any particular sector.

It suits long-term investors who want stock selection based on valuation criteria rather than tracking the whole market, and who can tolerate changes in the portfolio composition.

It is an ETF managed by Acquirers Funds using a passive (index-tracking) approach.

This product does not rely on market prices alone. It also reflects index criteria related to enterprise value and profitability. The official public holdings list shows positions across different sectors, such as BXC, TNET, KARO, BLMN, and KFRC, and the holdings may change according to the index methodology.

• An index methodology that reflects undervaluation judgments and profitability criteria together
• A structure in which holdings change according to value conditions, without being fixed to a particular sector

Assets under management (AUM) stand at $28.1M, and the total expense ratio is 0.80% per year.

Trading conditions and the cost burden can affect the long-term holding experience. When comparing value ETFs, it is more appropriate to check the index selection criteria, the likelihood of holdings turnover, and trading costs together, rather than looking at returns alone.

The performance of value stocks is affected by changes in the market's assessment of economic expectations, the interest rate environment, and corporate earnings. Because the DEEP ETF adjusts its holdings based on undervaluation, it may move differently from broad market indexes, and short-term performance gaps may widen.

Fund flows can vary depending on the preference for value stocks, risk aversion, and investor sentiment toward relatively small companies. When market volatility rises, the trading conditions and price swings of the underlying stocks can also have an impact, so diversification alone does not eliminate volatility risk.

It has the advantage of clear valuation criteria, but investors must accept turnover in holdings and performance differences that depend on the market environment.

Among the products in the table, the VTV ETF is an option centered on large-cap value stocks, while the IWD ETF and the IVE ETF are comparison candidates that track different large-cap value indexes. The VBR ETF focuses on relatively small value stocks, whereas the SPYV ETF broadens exposure across the large-cap value range. Because the DEEP ETF uses a deep undervaluation approach, even within the same value category it is worth comparing the cost burden, the breadth of diversification, and the index methodology together.

When examining the DEEP ETF, rather than judging it by the value-stock label alone, you should check the index selection criteria and the actual holdings together. Because holdings can change according to the index methodology, it is necessary to review the official materials and trading conditions at the time of investment.

Undervalued companies may not follow the expected path if the market's reassessment is delayed or if the business environment deteriorates. In addition, the share prices of relatively small companies can be sensitive to changes in liquidity and investor sentiment, and investors who measure returns in Korean won must also consider exchange rate fluctuations.

The DEEP ETF is a product that investors seeking a rules-based deep value selection method can consider. However, when comparing it with broad value ETFs, you should look at the cost burden, changes in holdings, trading conditions, and the potential relative performance of the value strategy together, and the principle of diversification, rather than relying on a single product, is important.