Related: As Growth Falters, Value ETFs Are Back in Style
The $14.70 billion IVE, which follows the S&P 500(R) Value Index, is more of a traditional value fund with a combined 37.20% weight to the financial services and energy sectors.
Robust economic growth could be just the tonic value needs to start outpacing growth.
“The catalyst most likely to revive value is the same one that drove out-performance during the back-half of 2016: an unexpected acceleration in economic growth, particularly nominal growth. Unfortunately, as everyone now knows, nominal growth has failed to accelerate on schedule,” said BlackRock.
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