RPV has a small-cap counterpart, the Guggenheim S&P Smallcap 600 Pure Value ETF (NYSEArca: RZV), which has been the best-performing small-cap ETF in this bull market, confirming that value is a viable long-term factor across market cap segments.

“From March 10, 2009 through March 5, 2018, RPV delivered average annualized returns of 27.47%, good for a cumulative return of 745.67%, according to Morningstar data. Investors fortunate enough to have bought RPV on March 10, 2009 and held it until now would have seen a $10,000 investment grow into more than $88,000,” according to InvestorPlace.

Value stocks have historically outperformed growth stocks, or companies with high earnings expectations, in almost every market over the long-haul. RPV’s top two sector weights are financial services and consumer discretionary. Financials are staples in many value strategies.

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