Vanguard Russell 1000 Value ETF Outperforms S&P 500 and Nasdaq Composite This Year
VONV Vanguard Russell 1000 Value Index ETF
$115.18 +2.03%
View chart & analysis → - 1The Vanguard Russell 1000 Value ETF has outperformed the S&P 500 and the Nasdaq Composite this year.
- 2A low exposure to technology stocks, which account for 22% of the fund's total assets, helped the Vanguard Russell 1000 Value ETF withstand the AI correction phase.
- 3The Vanguard Russell 1000 Value ETF holds a diversified portfolio with $21.7 billion in assets under management (AUM).
So what's the key point?
The Vanguard Russell 1000 Value ETF has earned higher returns than other major indices this year. This is because its low 22% weighting in technology stocks helped it weather the period of adjustment in AI-related stocks.
Source The Motley Fool +1 · View original ↗
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