Gabriella Imperatori-Penn
Vanguard Russell 1000 Value Index Fund ETF Shares (NASDAQ:VONV), a broader value category-focused ETF, appears in a comfortable position to offer solid risk-adjusted returns in the near to long term. VONV’s potential to generate risk-adjusted returns is attributed to its diversified portfolio, improved fundamental outlook and cheap valuations. The value category may also likely benefit from the potential rotation out of growth and tech stocks because of increasing risk of correction. Besides VONV, other investment options in the value space such as Vanguard Value Index Fund ETF Shares (VTV) also appears attractive. I initiate coverage of VONV with a buy rating. I recently provided a buy rating on VTV, anticipating bolstering returns ahead.
Value Category Outlook Improved Amid Earnings Growth Power And Cheap Valuations
VONV share price performance (Seeking…
