An equity class that provides similar long term growth as other equities but is less correlated to Large Cap Growth.
VBR is the oldest, largest, and cheapest fund, but style boxes indicate it is not as small or 'valuy' as VIOV or AVUV. VIOV tracks smaller companies. AVUV is a lightly managed factor-focused ETF with a low expense ratio that actively targets profitability and deep value. Avoid RZV as its fund size is very small, creating a potential risk of fund closure.
Tax-Efficient: Can be held in taxable accounts or IRAs due to qualified dividends and no capital gains for ETFs.
| Fund | Symbol | Type | Expense Ratio | Market Cap / AUM | Live Price | Index / Benchmark / Notes |
|---|---|---|---|---|---|---|
| Avantis U.S. Small Cap Value ETF | AVUV | ETF | 0.25% | $30.7B | $120.03 | Active / Target Factor Rules Lightly managed; robust factor tilt |
| Vanguard S&P Small-Cap 600 Value ETF | VIOV | ETF | 0.10% | $2.0B | $112.04 | S&P Small-Cap 600 Value Index Deeper small-cap exposure |
| Vanguard Small-Cap Value ETF | VBR | ETF | 0.05% | $68.2B | $233.98 | CRSP U.S. Small Cap Value Index Cheapest/largest; tilts slightly mid-cap |
| Invesco S&P SmallCap 600 Pure Value ETF | RZV | ETF | 0.35% | $279.7M | $141.29 | S&P SmallCap 600® Pure Value Index Avoid due to small fund size |
| iShares S&P Small-Cap 600 Value ETF | IJS | ETF | 0.18% | $7.7B | $130.39 | S&P SmallCap 600 Value Index Established S&P 600 value fund |
| SPDR S&P SmallCap 600 Value ETF | SLYV | ETF | 0.15% | $4.8B | $103.98 | S&P SmallCap 600® Value Index Low cost alternative |
| iShares Russell 2000 Value ETF | IWN | ETF | 0.24% | $13.9B | $212.34 | Russell 2000 Value Index Russell 2000 value index |