Does the U.S. Mid Cap Value asset class have a history of good long-term returns?
U.S. MID CAP VALUE vs U.S. LARGE CAP BLEND (aka the S&P 500): January 1972 – June 2019
Source: https://www.portfoliovisualizer.com/
Here’s a shorter timeframe using the oldest available U.S. Mid Cap Value ETF. iShares S&P Mid-Cap 400 Value ETF (IJJ).
IJJ vs S&P 500 INDEX FUND: AUGUST 2000 – JUNE 2019
Source: https://www.portfoliovisualizer.com/
IJJ vs SPY: JULY 28, 2000 – JULY 14, 2019
Source: https://www.koyfin.com/home
There are 30 ETFs available in the U.S. Mid Cap Value category, 10 of these have inception dates prior to July 13, 2009. Let’s see how they rank.
Source: https://www.morningstar.com/
DON vs VOE vs RWK vs IWS: April 2008 – June 2019
Source: https://www.portfoliovisualizer.com/
DON vs VOE vs RWK vs IWS vs SPY: February 22, 2008 – June 14, 2019
Source: https://www.koyfin.com/home
Top 4 funds product details:
DON: WisdomTree U.S. MidCap Dividend Fund* seeks to track the investment results of dividend-paying mid-cap companies in the U.S. equity market. Learn more about the Index that DON is designed to track. Gain exposure to core U.S. mid cap equity from a broad range of dividend paying companies. Use to complement or replace midcap value or dividend oriented active and passive strategies. Use to satisfy demand for growth potential and income focus.
VOE: Vanguard Mid-Cap Value ETF. Seeks to track the performance of the CRSP US Mid Cap Value Index, which measures the investment return of mid-capitalization value stocks. Provides a convenient way to match the performance of a diversified group of midsize value companies. Follows a passively managed, full-replication approach.
RWK: The Invesco S&P MidCap 400 Revenue ETF (the “Fund”) is based on the S&P MidCap 400® Revenue-Weighted Index (the “Index”). The Fund will invest at least 90% of its total assets in securities of mid-capitalization companies in the Index. The Index is constructed using a rules-based approach that re-weights securities of the S&P MidCap 400® Index according to the revenue earned by the companies, with a maximum 5% per company weighting. The Fund and Index are rebalanced quarterly.
IWS: The iShares Russell Mid-Cap Value ETF seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit value characteristics. Exposure to mid-sized U.S. companies that are thought to be undervalued by the market relative to comparable companies. Targeted access to a specific category of mid-cap domestic stocks. Use to tilt your portfolio towards value stocks.
Thank you for taking time to read this article. If you found it useful, please share it with a friend.
Respectfully yours, Micah McDonald, aka the Deep Value ETF Accumulator
Previous Deep Value ETF Accumulator article on the U.S. Mid Cap Value asset class: Best Long-Term Performance U.S. Mid Cap Value ETFs 1.1
Disclosure: We currently own shares of DON, and we intend to purchase more shares in the future. I am not a professional investment advisor. Please perform you own due diligence or seek the advice of Registered Investment Advisor before investing in any security mentioned in this article. This website contains affiliate links to M1 Finance and Google AdSense.