Several factors are currently keeping investors on edge, says an article in Investing, including surging Delta variant cases, rising inflation levels, and worries about when the Fed will start tapering bond purchases. The U.S. had the lowest job growth in 7 months in August, and consumer confidence slipped to a 6-month low the same month. Amidst this, Goldman Sachs downgraded its economic outlook, now forecasting 5.7% growth for the year instead of 6.2%.
But, there are some bright spots: vaccine mandates from the Biden Administration, and a strong September forecast. In addition, one thing 2021 has been kind to? Value stocks. Given the upward movement in corporate earnings and higher inflation expectations, value investing seems more lucrative than ever. The article lays out some of the top-ranked ETFs for investors to consider:
- iShares S&P 500 Value ETF – Gives exposure to large, potentially undervalued U.S. companies, with AUM of $22.85 billion.
- Vanguard Mega Cap Value ETF – Tracks the performance of the CRSP US Mega Cap Value Index and has an AUM of $4.55 billion.
- Schwab U.S. Large-Cap Value ETF – Tracking the total return of the Dow Jones U.S. Large-Cap Value Total Stock Market Index as closely as possible, with AUM of $9.82 billion.
- Invesco S&P 500 Enhanced Value ETF – Based on the S&P 500 Enhanced Value Index, with AUM of $143.2 million.
- Vanguard S&P 500 Value ETF – Tracks the performance of the S&P 500 Value Index and has AUM of $2.34 billion.
- SPDR Portfolio S&P 500 Value ETF – Looks to produce investment results that generally correspond to the total return performance of the S&P 500 Value Index, and has AUM of $12.52 billion.