Vanguard Value ETF drew $5.4 billion in new assets in 2016 to close the year at $27.2 billion. According to FactSet, three of the top four smart-beta ETFs for new assets in 2016 were value funds, said David Nadig, CEO of ETF.com, at a January conference. Leading the pack was Vanguard Value ETF (VTV), which attracted $5.4 billion in new assets to close the year with $27.2 billion. Like other value funds, it focuses on stocks that are undervalued relative to the market. Other ETFs tracking large-cap value indexes include BlackRock’s $35 billion iShares Russell 1000 Value ETF (IWD, 0.20% expense ratio) and $1.2 billion iShares Core S&P U.S. Value ETF (IUSV, 0.05% expense ratio), and the $3 billion Schwab U.S. Large-Cap Value ETF (SCHV, 0.04% expense ratio).

Source: Wall Street Journal February 06, 2017 03:00 UTC