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Asset Class: U.S. Large Cap Value
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Long-Term Performance: 11.39% CAGR
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Correlation to U.S. Markets: 0.95
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U.S. Large Cap Blend Performance: 10.84% CAGR
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Back test timeframe: January 1972 – October 2021
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Oldest ETF back tested: SPDR® Dow Jones® Industrial Average ETF Trust (DIA)
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Long-Term Performance: 8.89% CAGR
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Correlation to U.S. Markets: 0.93
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S&P 500 Performance: 8.64% CAGR
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Back test timeframe: February 1998 – October 2021
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Number of ETFs available in this asset class: 117
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Number of ETFs in this asset class that are 10-years old or older: 34
U.S. Large Cap Value vs U.S. Large Cap Blend (aka S&P 500): January 1972 – October 2021
DIA vs SPY: February 1998 – October 2021
DIA vs SPY: January 20, 1998 – October 29, 2021
The Deep Value ETF Accumulator rankings for the 34 oldest U.S. Large Cap Value ETFs:
The 4 top ranked U.S. Large Cap Value ETFs head-to-head comparisons:
PKW vs SCHD vs FVD vs DIA: November 2011 – October 2011
PKW vs SCHD vs FVD vs DIA: October 22, 2011 – October 29, 2011
Stated objectives of 4 top ranked U.S. Large Cap Value ETFs:
PKW – The Invesco BuyBack Achievers™ ETF (Fund) is based on the NASDAQ US BuyBack Achievers™ Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers™. The NASDAQ US BuyBack Achievers Index is comprised of US securities issued by corporations that have effected a net reduction in shares outstanding of 5% or more in the trailing 12 months. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October.
SCHD – Schwab U.S. Dividend Equity ETF. The fund’s goal is to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Dividend 100™ Index. A straightforward, low-cost fund offering potential tax-efficiency. The Fund can serve as part of the core or complement in a diversified portfolio. Tracks an index focused on the quality and sustainability of dividends. Invests in stocks selected for fundamental strength relative to their peers, based on financial ratios.
FVD – The First Trust Value Line® Dividend Index Fund is an exchange-traded index fund. The objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of the Value Line® Dividend Index. The index begins with the universe of stocks that Value Line® gives a SafetyTM Ranking of #1 or #2 using the Value Line® SafetyTM Ranking System. All registered investment companies, limited partnerships and foreign securities not listed in the U.S. are removed from this universe. From those stocks, Value Line® selects those companies with a higher than average dividend yield, as compared to the indicated dividend yield of the Standard & Poor’s 500 Composite Stock Price Index. Value Line® then eliminates those companies with an equity market capitalization of less than $1 billion. The index seeks to be equally weighted in each of the securities in the index. The index is rebalanced on the application of the above model on a monthly basis.
DIA – The SPDR® Dow Jones® Industrial AverageSM ETF Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Dow Jones Industrial AverageSM (the “Index”). The Dow Jones Industrial AverageSM (DJIA) is composed of 30 “blue-chip” U.S. stocks. The DJIA is the oldest continuous barometer of the U.S. stock market, and the most widely quoted indicator of U.S. stock market activity. The DJIA is a price weighted index of 30 component common 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 U.S. Large Cap Value ETFs:
4 Best Long-Term Performance U.S. Large Cap Value ETFs 1.4
Disclosure: We currently own shares of FVD and we intend sell those shares within the next 72 hours. We also intend to buy shares of SCHD within the next 72 hours. I am not a professional investment advisor. Please perform your own due diligence or seek the advice of a Registered Investment Advisor before investing in any security mentioned in this article. This website contains affiliate links to M1 Finance and Google AdSense.