VTV allocated almost 22% of its weight to the financial services sector and 14.4% to healthcare at the end of February. Eight of the ETF’s top 10 holdings are Dow components with Wells Fargo (NYSE: WFC) and Berkshire Hathaway (NYSE: BRK-B) the outliers.
The $8.29 billion IVE, which turns 15 in May, holds 363 stocks with 24.4% hailing from the financial services sector. Although its P/E ratio has not dropped in unison with oil prices, the energy sector is IVE’s second-largest sector weight at 13.3%.
IVE’s top 10 holdings include six Dow components with Berkshire Hathaway , AT&T (NYSE: T), Bank of America (NYSE: BAC) and Citigroup (NYSE: C) the outliers.
“Both ETFs earn a top overall ranking from S&P Capital IQ, but they are not identical and as such understanding how they fit into a broader asset allocation strategy is warranted,” said S&P Capital IQ.
The research firm rates both ETFs overweight.
Vanguard Value ETF