U.S. stocks continue pushing to record highs and with cyclical sectors such as consumer discretionary and technology doing a lot of the heavy lifting, investment factors such as growth and momentum are getting plenty of acclaim while value is getting left behind.
The value factor experienced some rough times during the heyday of the ongoing bull market as growth and momentum factors overshadowed the value style. However, some analysts believe now is an ideal time for investors to consider value stocks.
Well-know value ETFs include the iShares S&P 500 Value ETF (NYSEArca: IVE) and the iShares MSCI USA Value Factor ETF (NYSEArca: VLUE).
VLUE “seeks to track the performance of an index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses,” according to iShares.
UBS Wealth Management’s Jeremy Zirin “recently upgraded large-cap value stocks. Both the S&P 500 Value Index and Russell 1000 have been up just two percent so far this year, compared to their broader counterparts, which are up more than seven percent,” reports CNBC.