Tech stocks and the artificial intelligence (AI) boom tend to get a lot of attention from investors.
But sometimes undervalued stocks fly under the radar and beat the major names and the most highly praised sectors
The Vanguard U.S. Value Factor ETF (NYSEMKT: VFVA) holds a diversified portfolio of value stocks that are expected to have lower valuations compared to their fundamentals. In the past year, shares of this value stock exchange-traded fund (ETF) have gained about 28.5%, outperforming the S&P 500 and the tech-heavy Nasdaq-100.
Let’s take a closer look at this Vanguard ETF and see if it’s a good choice for your portfolio. Vanguard U.S. Value Factor ETF: 666 stocks, 10.96% annualized returns for eight years Vanguard is known for offering low-cost, passive index funds.