Value stocks usually trade at lower prices relative to fundamental measures of value, like earnings and the book value of assets. On the other hand, growth-oriented stocks tend to run at higher valuations since investors expect the rapid growth in those company measures, but more are growing wary of high valuations.

“Three sectors that appear particularly attractive here are financials, health care and energy. Energy was once a major laggard but has made a comeback in the last months,” said Chad Morganlander, portfolio manager with Washington Crossing Advisors, in an interview with CNBC.

QARP allocates about 23% of its combined weight to those sectors.

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