Core Viewpoint - The SPDR S&P Dividend ETF (SDY) is a large-cap value ETF that aims to provide broad exposure to the US equity market, with significant assets under management and a focus on dividend-paying stocks [1][11]. Group 1: ETF Overview - Launched on November 8, 2005, SDY has over $20.17 billion in assets, making it one of the largest ETFs in its category [1]. - The ETF is passively managed and sponsored by State Street Investment Management [1]. Group 2: Investment Characteristics - Large-cap companies typically have market capitalizations above $10 billion, offering more stability and reliable cash flows compared to mid and small-cap companies [2]. - Value stocks, which SDY focuses on, generally have lower price-to-earnings and price-to-book ratios, but they also exhibit lower sales and earnings growth rates [3]. Group 3: Costs and Performance - SDY has an expense ratio of 0.35% and a 12-month trailing dividend yield of 2.58% [4]. - The ETF has gained approximately 5.64% year-to-date and 5.23% over the past year, with a trading range between $121.58 and $144.00 in the last 52 weeks [8]. Group 4: Sector Exposure and Holdings - The ETF's largest sector allocation is to Industrials at about 21%, followed by Consumer Staples and Utilities [5]. - Microchip Technology Inc accounts for approximately 2.49% of total assets, with the top 10 holdings representing about 17.82% of total assets under management [6]. Group 5: Risk and Alternatives - SDY seeks to match the performance of the S&P High Yield Dividend Aristocrats Index, which includes companies that have consistently increased dividends for at least 20 years [7]. - The ETF has a beta of 0.78 and a standard deviation of 14.28% over the trailing three years, indicating a medium risk profile [8]. - Alternatives to SDY include the Schwab U.S. Dividend Equity ETF (SCHD) and the Vanguard Value ETF (VTV), which have lower expense ratios of 0.06% and 0.04%, respectively [10].

Core Insights - The iShares Russell Top 200 Value ETF (IWX) is designed to provide broad exposure to the Large Cap Value segment of the US equity market, launched on September 22, 2009, and has assets over $2.68 billion [1] - Large cap companies typically have market capitalizations above $10 billion, characterized by stability and predictable cash flows [2] - Value stocks generally have lower price-to-earnings and price-to-book ratios, and while they have historically outperformed growth stocks in most markets, they may underperform during strong bull markets [3] Costs - The annual operating expenses for IWX are 0.2%, making it one of the cheaper options in the ETF space, with a 12-month trailing dividend yield of 1.85% [4] Sector Exposure and Top Holdings - The ETF has a significant allocation to the Financials sector, comprising about 25.4% of the portfolio, followed by Healthcare and Industrials [5] - Berkshire Hathaway Inc Class B (BRK.B) is the largest holding at approximately 4.67% of total assets, with the top 10 holdings accounting for about 25.57% of total assets under management [6] Performance and Risk - IWX aims to match the performance of the Russell Top 200 Value Index, having gained about 5.93% year-to-date and 9% over the past year as of August 4, 2025 [7] - The ETF has a beta of 0.82 and a standard deviation of 13.96% over the trailing three-year period, indicating a medium risk profile [8] Alternatives - IWX carries a Zacks ETF Rank of 3 (Hold), suggesting it is a viable option for investors seeking exposure to the Large Cap Value segment [9] - Other comparable ETFs include Schwab U.S. Dividend Equity ETF (SCHD) and Vanguard Value ETF (VTV), with SCHD having $68.79 billion in assets and an expense ratio of 0.06%, while VTV has $137.52 billion and charges 0.04% [10] Bottom-Line - Passively managed ETFs like IWX 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 [11]

Core Viewpoint - The First Trust Rising Dividend Achievers ETF (RDVY) is a passively managed ETF that aims to provide broad exposure to the Large Cap Value segment of the US equity market, with significant assets under management and a focus on dividend-paying companies [1][7]. Group 1: ETF Overview - RDVY was launched on January 7, 2014, and has accumulated over $15.46 billion in assets, making it one of the larger ETFs in its category [1]. - The ETF has an annual operating expense ratio of 0.48% and a 12-month trailing dividend yield of 1.44% [4]. - It seeks to match the performance of the NASDAQ US Rising Dividend Achievers Index, which includes companies with a history of paying dividends [7]. Group 2: Market Characteristics - Large cap companies, typically with market capitalizations above $10 billion, are considered more stable with predictable cash flows and lower volatility compared to mid and small cap companies [2]. - Value stocks, which RDVY focuses on, generally have lower price-to-earnings and price-to-book ratios, and while they have lower sales and earnings growth rates, they have historically outperformed growth stocks in most markets [3]. Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Financials sector, comprising about 36.5% of the portfolio, followed by Information Technology and Industrials [5]. - Meta Platforms Inc. (META) accounts for approximately 2.3% of total assets, with the top 10 holdings representing about 22.2% of total assets under management [6]. Group 4: Performance Metrics - As of August 1, 2025, RDVY has gained approximately 7.84% year-to-date and 9.92% over the past year, with a trading range between $51.60 and $64.37 in the past 52 weeks [7]. - The ETF has a beta of 1.07 and a standard deviation of 18.88% over the trailing three-year period, indicating a medium risk profile [8]. Group 5: Alternatives and Market Position - RDVY carries a Zacks ETF Rank of 3 (Hold), suggesting it is a sufficient option for investors seeking exposure to the Large Cap Value area [9]. - Alternative ETFs in this space include the Schwab U.S. Dividend Equity ETF (SCHD) with $69.21 billion in assets and an expense ratio of 0.06%, and the Vanguard Value ETF (VTV) with $139.05 billion in assets and an expense ratio of 0.04% [10]. Group 6: Investor Appeal - Passively managed ETFs like RDVY 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 [11].

Core Viewpoint - The Invesco Dividend Achievers ETF (PFM) offers broad exposure to the Large Cap Value segment of the US equity market, with assets exceeding $710.63 million, making it a competitive option in this space [1] Group 1: Large Cap Value Characteristics - Large cap companies generally have a market capitalization above $10 billion, characterized by stability and predictable cash flows, resulting in lower volatility compared to mid and small cap companies [2] - Value stocks typically exhibit lower price-to-earnings and price-to-book ratios, along with lower sales and earnings growth rates, but have historically outperformed growth stocks in long-term performance [3] Group 2: Costs and Performance - The annual operating expenses for PFM are 0.52%, which is competitive within its peer group, and it has a 12-month trailing dividend yield of 1.48% [4] - PFM aims to match the performance of the NASDAQ US Broad Dividend Achievers Index, with a year-to-date return of approximately 7.25% and a one-year return of about 12.05% as of July 31, 2025 [7] Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Information Technology sector, comprising about 24% of the portfolio, followed by Financials and Healthcare [5] - Broadcom Inc (AVGO) represents approximately 4.33% of total assets, with the top 10 holdings accounting for about 31.14% of total assets under management [6] Group 4: Risk Assessment - PFM has a beta of 0.81 and a standard deviation of 13.62% over the trailing three-year period, categorizing it as a medium risk investment with effective diversification across 432 holdings [8] Group 5: Alternatives - The Invesco Dividend Achievers ETF holds a Zacks ETF Rank of 3 (Hold), indicating it is a viable option for investors seeking exposure to the Large Cap Value area, alongside alternatives like Schwab U.S. Dividend Equity ETF (SCHD) and Vanguard Value ETF (VTV) [9][10] Group 6: Market Trends - Passively managed ETFs are gaining popularity among both institutional and retail investors due to their low cost, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [11]

Core Viewpoint - The SPDR Portfolio S&P 500 High Dividend ETF (SPYD) is a significant player in the Large Cap Value segment of the US equity market, with assets exceeding $6.96 billion and a focus on high dividend-paying stocks [1][9]. Group 1: ETF Overview - SPYD is a passively managed ETF launched on October 21, 2015, sponsored by State Street Global Advisors [1]. - The ETF aims to replicate the performance of the S&P 500 High Dividend Index, which includes the top 80 dividend-paying securities from the S&P 500 based on dividend yield [7]. Group 2: Market Characteristics - Large cap companies, defined as those with market capitalizations above $10 billion, are generally more stable and exhibit predictable cash flows compared to mid and small cap companies [2]. - Value stocks, characterized by lower price-to-earnings and price-to-book ratios, have historically outperformed growth stocks in the long term, although growth stocks may excel in strong bull markets [3]. Group 3: Cost Structure - SPYD has an annual operating expense ratio of 0.07%, making it one of the least expensive ETFs in its category [4]. - The ETF offers a 12-month trailing dividend yield of 4.42% [4]. Group 4: Sector Exposure and Holdings - The ETF's largest sector allocation is to Real Estate, comprising approximately 23.10% of the portfolio, followed by Utilities and Financials [5]. - Philip Morris International (PM) represents about 1.85% of total assets, with the top 10 holdings accounting for approximately 15.78% of total assets under management [6]. Group 5: Performance Metrics - As of July 29, 2025, SPYD has gained about 2.80% year-to-date and approximately 5.83% over the past year, with a trading range between $38.81 and $47.32 in the last 52 weeks [7]. - The ETF has a beta of 0.81 and a standard deviation of 16.71% over the trailing three-year period, indicating a medium risk profile [8]. Group 6: Alternatives - SPYD holds a Zacks ETF Rank of 2 (Buy), indicating favorable expected returns based on various factors [9]. - Other comparable ETFs include the Schwab U.S. Dividend Equity ETF (SCHD) with $70.96 billion in assets and an expense ratio of 0.06%, and the Vanguard Value ETF (VTV) with $140.77 billion in assets and an expense ratio of 0.04% [10]. Group 7: Investment Appeal - Passively managed ETFs like SPYD are favored by both institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency [11].

Core Viewpoint - The SPDR Portfolio S&P 500 Value ETF (SPYV) is a passively managed ETF designed to provide broad exposure to the Large Cap Value segment of the US equity market, with significant assets under management and low operating costs [1][4]. Group 1: Fund Overview - SPYV was launched on September 25, 2000, and is sponsored by State Street Global Advisors, accumulating over $27.48 billion in assets [1]. - The ETF targets large-cap companies, typically those with market capitalizations above $10 billion, which are considered stable investments with lower risk compared to mid and small-cap companies [2]. Group 2: Performance Metrics - SPYV aims to match the performance of the S&P 500 Value Index, which measures large-cap value sector performance in the US equity market [7]. - As of July 28, 2025, SPYV has increased by approximately 5.97% year-to-date and 9.44% over the past year, with a trading range between $45.11 and $55.27 in the last 52 weeks [7]. - The ETF has a beta of 0.87 and a standard deviation of 14.60% over the trailing three-year period, indicating a medium risk profile [8]. Group 3: Cost Structure - The annual operating expenses for SPYV are 0.04%, making it one of the least expensive options in its category, with a 12-month trailing dividend yield of 1.97% [4]. Group 4: Sector Exposure and Holdings - The ETF has a significant allocation to the Information Technology sector, comprising about 24.20% of the portfolio, followed by Financials and Healthcare [5]. - Microsoft Corp (MSFT) represents approximately 7.25% of total assets, with the top 10 holdings accounting for about 28.17% of total assets under management [6]. Group 5: Alternatives and Market Position - SPYV holds a Zacks ETF Rank of 2 (Buy), indicating strong expected performance based on various factors [9]. - Other comparable ETFs include the Schwab U.S. Dividend Equity ETF (SCHD) with $71.33 billion in assets and the Vanguard Value ETF (VTV) with $141.62 billion, both tracking similar indices [10].

Core Viewpoint - The Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is designed to provide broad exposure to the Large Cap Value segment of the US equity market, with a focus on stable income through investments in profitable U.S. companies with high dividend yields and lower volatility [1][7]. Group 1: Fund Overview - LVHD is a passively managed ETF launched on December 28, 2015, and is sponsored by Franklin Templeton Investments [1]. - The fund has accumulated assets exceeding $579.65 million, positioning it as an average-sized ETF in its category [1]. - The ETF has an annual operating expense ratio of 0.27%, which is competitive within its peer group [4]. Group 2: Investment Characteristics - Large cap companies, typically with market capitalizations above $10 billion, are considered stable investments with lower risk and more reliable cash flows compared to mid and small cap companies [2]. - Value stocks, characterized by lower price-to-earnings and price-to-book ratios, have historically outperformed growth stocks in most markets, although growth stocks tend to perform better in strong bull markets [3]. Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Consumer Staples sector, comprising approximately 24.40% of the portfolio, followed by Utilities and Real Estate [5]. - Cisco Systems Inc (CSCO) is the largest individual holding at about 2.65% of total assets, with Chevron Corp (CVX) and Medtronic Plc (MDT) also among the top holdings [6]. - The top 10 holdings collectively account for around 25.11% of total assets under management [6]. Group 4: Performance Metrics - LVHD aims to match the performance of the QS Low Volatility High Dividend Index, which focuses on stable income through investments in high dividend yield stocks with lower volatility [7]. - The ETF has recorded a gain of approximately 7.90% year-to-date and an increase of about 12.48% over the past year as of July 28, 2025 [7]. - Over the past 52 weeks, LVHD has traded within a range of $37.37 to $41.26 [7]. Group 5: Risk and Diversification - The ETF has a beta of 0.66 and a standard deviation of 13.37% over the trailing three-year period, indicating lower volatility compared to the broader market [8]. - With around 122 holdings, LVHD effectively diversifies company-specific risk [8]. Group 6: Alternatives and Market Position - LVHD carries a Zacks ETF Rank of 3 (Hold), indicating a stable position based on expected asset class return, expense ratio, and momentum [9]. - Other comparable ETFs include the Schwab U.S. Dividend Equity ETF (SCHD) and the Vanguard Value ETF (VTV), which have significantly larger asset bases of $71.33 billion and $141.62 billion, respectively [10].

Core Viewpoint - The Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) is a passively managed fund that provides broad exposure to the Large Cap Value segment of the US equity market, with assets exceeding $3.17 billion, making it an average-sized ETF in this category [1]. Group 1: Large Cap Value - Large cap companies typically have a market capitalization above $10 billion and are considered more stable, with predictable cash flows and lower volatility compared to mid and small cap companies [2]. - Value stocks, characterized by lower price-to-earnings and price-to-book ratios, have historically outperformed growth stocks in most markets, although they may underperform during strong bull markets [3]. Group 2: Costs - The expense ratio for SPHD is 0.30%, which is competitive with most peer products, and it has a 12-month trailing dividend yield of 3.43% [4]. Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Real Estate sector, comprising about 20.70% of the portfolio, followed by Utilities and Consumer Staples [5]. - Crown Castle Inc (CCI) is the largest holding at approximately 3.49% of total assets, with the top 10 holdings accounting for about 28.65% of total assets under management [6]. Group 4: Performance and Risk - SPHD aims to match the performance of the S&P 500 Low Volatility High Dividend Index, which includes 50 securities known for high dividend yields and low volatility [7]. - The ETF has returned approximately 3.45% year-to-date and 9.46% over the past year, with a trading range between $44.37 and $51.75 in the last 52 weeks [7]. - With a beta of 0.71 and a standard deviation of 14.80% over the trailing three years, SPHD is classified as a medium risk investment [8]. Group 5: Alternatives - Other ETFs in the same space include the Schwab U.S. Dividend Equity ETF (SCHD) and the Vanguard Value ETF (VTV), which have significantly larger assets of $71.22 billion and $141.05 billion, respectively, and lower expense ratios of 0.06% and 0.04% [11]. Group 6: Bottom-Line - Passively managed ETFs like SPHD are increasingly popular among retail and institutional investors due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [12].

Core Insights - The First Trust Morningstar Dividend Leaders ETF (FDL) is designed to provide broad exposure to the Large Cap Value segment of the US equity market, with assets exceeding $5.65 billion, making it one of the larger ETFs in this category [1] Group 1: Large Cap Value Overview - Large cap companies typically have a market capitalization above $10 billion, offering a stable investment option with lower risk and more reliable cash flows compared to mid and small cap companies [2] - Value stocks are characterized by lower than average price-to-earnings and price-to-book ratios, as well as lower sales and earnings growth rates. 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 ETF has an annual operating expense ratio of 0.43%, which is competitive within its peer group, and a 12-month trailing dividend yield of 4.58% [4] - FDL aims to match the performance of the Morningstar Dividend Leaders Index, which includes stocks with consistent and sustainable dividends. The ETF has gained approximately 10.15% year-to-date and 15.34% over the past year, with a trading range of $38.19 to $43.95 in the last 52 weeks [7] Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Energy sector, comprising about 25.30% of the portfolio, followed by Healthcare and Consumer Staples [5] - Exxon Mobil Corporation (XOM) represents approximately 10.20% of total assets, with the top 10 holdings accounting for about 55.23% of total assets under management [6] Group 4: Risk and Alternatives - FDL has a beta of 0.72 and a standard deviation of 15.02% over the trailing three-year period, indicating a medium risk profile. The ETF holds about 101 stocks, effectively diversifying company-specific risk [8] - Alternatives to FDL include the Schwab U.S. Dividend Equity ETF (SCHD) and the Vanguard Value ETF (VTV), which track similar indices but have larger asset bases and lower expense ratios of 0.06% and 0.04%, respectively [10] Group 5: Market Trends - Passively managed ETFs are gaining popularity among both institutional and retail investors due to their low cost, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [11]

Core Viewpoint - The Schwab U.S. Large-Cap Value ETF (SCHV) is a passively managed fund that provides broad exposure to the Large Cap Value segment of the US equity market, with significant assets under management and low operating costs [1][4]. Group 1: Fund Overview - SCHV was launched on December 11, 2009, and is sponsored by Charles Schwab, accumulating over $12.91 billion in assets [1]. - The ETF targets companies with market capitalizations above $10 billion, typically offering more stability and lower risk compared to mid and small-cap companies [2]. Group 2: Financial Metrics - The ETF has an annual operating expense of 0.04%, making it one of the least expensive options in its category, and it offers a 12-month trailing dividend yield of 2.12% [4]. - The ETF's return is approximately 9.12% year-to-date and 12.74% over the past year, with a trading range between $23.55 and $28.20 in the last 52 weeks [8]. Group 3: Sector Exposure and Holdings - The largest sector allocation for SCHV is Financials, comprising about 23% of the portfolio, followed by Industrials and Healthcare [5]. - The top holding is Berkshire Hathaway Inc Class B (BRK/B) at approximately 3.51% of total assets, with the top 10 holdings accounting for about 18.85% of total assets under management [6]. Group 4: Performance and Risk - SCHV aims to match the performance of the Dow Jones U.S. Large-Cap Value Total Stock Market Index, which includes the large-cap value portion of the broader market index [7]. - The ETF has a beta of 0.88 and a standard deviation of 14.55% over the trailing three-year period, indicating a medium risk profile [8]. Group 5: Alternatives - Other ETFs in the same space include the Schwab U.S. Dividend Equity ETF (SCHD) and the Vanguard Value ETF (VTV), with SCHD having $71.16 billion in assets and VTV at $140.23 billion [11].