VLUE “follows the MSCI USA Enhanced Value Index, which uses price-to-book, price-to-forward-earnings and enterprise-value-to-cash-flow as the pillars of its methodology, according to MSCI,” adds InvestorPlace.

Plain vanilla index ETFs that track the value theme has outperformed so far this year, or at least have not done as poorly as broader benchmarks. Nevertheless, potential investors should still look under the hood of these value stock ETFs as no two are created alike and offer varying performances.

iShares MSCI USA Value Factor ETF