Core Viewpoint - The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) is a passively managed fund designed to provide broad exposure to the Mid Cap Value segment of the US equity market, with assets exceeding $952.66 million, making it an average-sized ETF in this category [1]. Group 1: Mid Cap Value Characteristics - Mid cap companies have market capitalizations between $2 billion and $10 billion, typically offering higher growth prospects than large cap companies while being less volatile than small cap companies [2]. - Value stocks are characterized by lower price-to-earnings and price-to-book ratios, but they also exhibit lower sales and earnings growth rates compared to growth stocks [3]. Group 2: Costs and Performance - The ETF has an annual operating expense ratio of 0.10%, positioning it as one of the least expensive options in the market, with a 12-month trailing dividend yield of 1.71% [4]. - IVOV aims to match the performance of the S&P MidCap 400 Value Index, having gained approximately 2% year-to-date and about 9.06% over the past year, with a trading range of $79.85 to $104.98 in the last 52 weeks [7]. Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Financials sector, comprising about 21.10% of the portfolio, followed by Industrials and Consumer Discretionary [5]. - Flex Ltd accounts for approximately 1.38% of total assets, with the top 10 holdings representing about 7.85% of total assets under management [6]. Group 4: Risk and Alternatives - IVOV has a beta of 1.05 and a standard deviation of 19.52% over the trailing three-year period, indicating a medium risk profile with effective diversification across 301 holdings [8]. - The ETF holds a Zacks ETF Rank of 2 (Buy), making it a strong option for investors seeking exposure to the Mid Cap Value segment, alongside alternatives like the iShares Russell Mid-Cap Value ETF (IWS) and the Vanguard Mid-Cap Value ETF (VOE) [9][10]. Group 5: Market Trends - There is a growing trend among retail and institutional investors towards passively managed ETFs due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [11].

Core Viewpoint - The First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) is a significant player in the Mid Cap Value segment of the US equity market, with over $8.30 billion in assets, making it one of the larger ETFs in this category [1]. Group 1: Mid Cap Value Characteristics - Mid cap companies, with market capitalizations between $2 billion and $10 billion, typically offer higher growth prospects than large cap companies while being less volatile than small cap companies, providing a stable and growth-oriented investment [2]. - Value stocks are characterized by lower price-to-earnings and price-to-book ratios, but they also exhibit lower sales and earnings growth rates compared to growth stocks. Historically, value stocks have outperformed growth stocks in nearly all markets, although growth stocks tend to perform better in strong bull markets [3]. Group 2: Costs and Performance - The annual operating expenses for SDVY are 0.59%, which is relatively high compared to other ETFs in the space. The ETF has a 12-month trailing dividend yield of 2.07% [4]. - SDVY aims to match the performance of the NASDAQ US Small Mid Cap Rising Dividend Achievers Index, which includes 100 small and mid-cap companies known for raising their dividends [7]. - As of July 22, 2025, SDVY has returned approximately 1.12% year-to-date and 3.84% over the past year, with a trading range between $29.52 and $40.33 in the last 52 weeks. The ETF has a beta of 1.09 and a standard deviation of 21.43% over the trailing three-year period, indicating effective diversification with about 185 holdings [8]. Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Financials sector, comprising about 32.40% of the portfolio, followed by Industrials and Consumer Discretionary [5]. - Woodward, Inc. (WWD) represents approximately 1.11% of total assets, with the top 10 holdings accounting for about 10.12% of total assets under management [6]. Group 4: Alternatives and Market Position - SDVY holds a Zacks ETF Rank of 3 (Hold), indicating it is a viable option for investors seeking exposure to the Mid Cap Value segment [10]. - Alternatives in the market include the iShares Russell Mid-Cap Value ETF (IWS) with $13.49 billion in assets and an expense ratio of 0.23%, and the Vanguard Mid-Cap Value ETF (VOE) with $18.07 billion in assets and a lower expense ratio of 0.07% [11].

Core Viewpoint - The Invesco S&P MidCap Value with Momentum ETF (XMVM) is designed to provide broad exposure to the Mid Cap Value segment of the US equity market, with assets over $268.40 million, making it an average-sized ETF in this category [1] Group 1: Mid Cap Value Characteristics - Mid cap companies have market capitalizations between $2 billion and $10 billion, offering a balance of growth potential and stability compared to large and small cap companies [2] - Value stocks typically have lower price-to-earnings and price-to-book ratios, but also lower sales and earnings growth rates; historically, value stocks have outperformed growth stocks in most markets [3] Group 2: Costs and Performance - The ETF has an annual operating expense ratio of 0.39% and a 12-month trailing dividend yield of 2.07%, which is competitive within its peer group [4] - XMVM aims to match the performance of the S&P MIDCAP 400 HIGH MOMENTUM VALUE INDEX, having gained approximately 5.31% year-to-date and 10.17% over the past year as of July 15, 2025 [7] Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Financials sector, comprising about 46.60% of the portfolio, with Consumer Discretionary and Industrials following [5] - Avnet Inc (AVT) represents about 2.77% of total assets, with the top 10 holdings accounting for approximately 21.15% of total assets under management [6] Group 4: Risk and Alternatives - XMVM has a beta of 1.08 and a standard deviation of 21.28% over the trailing three-year period, indicating effective diversification of company-specific risk with around 80 holdings [8] - Alternatives to XMVM include the iShares Russell Mid-Cap Value ETF (IWS) and the Vanguard Mid-Cap Value ETF (VOE), which have larger asset bases and lower expense ratios [11]

Core Viewpoint - The iShares S&P Mid-Cap 400 Value ETF (IJJ) is a significant investment vehicle for exposure to the Mid Cap Value segment of the US equity market, with over $7.93 billion in assets under management, making it one of the larger ETFs in this category [1]. Group 1: Mid Cap Value Characteristics - Mid cap companies, with market capitalizations between $2 billion and $10 billion, are seen as having higher growth prospects compared to large cap companies while being less risky than small cap companies, providing a balance of stability and growth potential [2]. - Value stocks, characterized by lower price-to-earnings and price-to-book ratios, typically exhibit lower sales and earnings growth rates. Historically, value stocks have outperformed growth stocks in most markets, although they may underperform during strong bull markets [3]. Group 2: Costs and Performance - The iShares S&P Mid-Cap 400 Value ETF has an annual operating expense ratio of 0.18%, which is competitive within its peer group, and a 12-month trailing dividend yield of 1.84% [4]. - The ETF aims to match the performance of the S&P MidCap 400 Value Index, which measures the mid-capitalization value sector of the U.S. equity market. As of July 10, 2025, the ETF has returned approximately 2.87% year-to-date and 16.11% over the past year, with a trading range of $103.88 to $135.52 in the last 52 weeks [7][8]. Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Financials sector, comprising about 20.30% of the portfolio, followed by Industrials and Consumer Discretionary [5]. - Among individual holdings, Us Foods Holding Corp (USFD) represents about 1.28% of total assets, with the top 10 holdings accounting for approximately 7.77% of total assets under management [6]. Group 4: Alternatives and Market Position - The iShares S&P Mid-Cap 400 Value ETF holds a Zacks ETF Rank of 2 (Buy), indicating a favorable position based on expected returns, expense ratios, and momentum [10]. - Other alternatives in the mid-cap value ETF space include the iShares Russell Mid-Cap Value ETF (IWS) with $13.53 billion in assets and an expense ratio of 0.23%, and the Vanguard Mid-Cap Value ETF (VOE) with $18.11 billion in assets and a lower expense ratio of 0.07% [11]. Group 5: Investor Appeal - Passively managed ETFs like IJJ are increasingly favored by retail and institutional investors due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [12].