IVE’s value tilt does not mean the ETF is boring. The fund’s beta is 1.01 and the consumer staples, utilities and telecom sectors combine for just 21% of the ETF’s weight. Financial services almost represent nearly 24%. IVE has a three-year standard deviation of 13.43%, which is higher than the 11.85% found on IVW. http://us.ishares.com/product_info/fund/overview/IVW.htm?fundSearch=true&qt=IVW
IVE vs. IVW Relative Strength
Chart Courtesy: Captain John Charts