Core Insights - Growth stocks have significantly outperformed value stocks in recent years, but historically, value stocks have outpaced growth stocks by over four percentage points annually since 1927 [1] - Vanguard offers two index funds for investors focusing on growth or value stocks: the Vanguard Growth ETF (VUG) and the Vanguard Value ETF (VTV), both of which are low-cost investment options [1] Vanguard Growth ETF - The Vanguard Growth ETF tracks an index of large-cap growth stocks, consisting of 160 stocks, with larger companies representing a larger percentage of the fund [3] - Major holdings include prominent tech companies such as Nvidia, Microsoft, Apple, and Amazon, with the top 10 holdings accounting for 60% of the fund's assets [4] - The fund has a low expense ratio of 0.04%, making it a cost-effective way to gain exposure to growth stocks [5] Vanguard Value ETF - The Vanguard Value ETF tracks an index of large-cap value stocks and includes over 300 different stocks, providing greater diversification as the top 10 holdings make up only 21% of the assets [6] - Key holdings in the Value ETF include JPMorgan Chase, Berkshire Hathaway, ExxonMobil, Walmart, and Johnson & Johnson, with the same low expense ratio of 0.04% as the Growth ETF [8] Performance Outlook - The Vanguard Growth ETF has outperformed the Vanguard Value ETF in recent years, but potential catalysts for value stocks could emerge in 2026 [7] - Predicting which ETF will outperform in 2026 is uncertain, and both funds are best suited for long-term investment strategies [9]

Core Insights - The article compares two ETFs: SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) and Vanguard Value ETF (VTV), highlighting their differences in diversification and value orientation Cost & Size - SPTM has a lower expense ratio of 0.03% compared to VTV's 0.04% - As of October 27, 2025, SPTM has a 1-year return of 17.39%, while VTV has a return of 8.71% - VTV offers a higher dividend yield of 2.09% compared to SPTM's 1.16% - SPTM has assets under management (AUM) of $11.49 billion, while VTV has significantly larger AUM of $207.8 billion - The 5-year beta for SPTM is 1.02, indicating higher volatility compared to VTV's beta of 0.86 [2][3] Performance & Risk Comparison - The maximum drawdown over 5 years for SPTM is 24.15%, while VTV's is lower at 17.03% - An investment of $1,000 would grow to $2,062 in SPTM over 5 years, compared to $1,810 in VTV [4] Fund Composition - VTV holds 314 large-cap U.S. stocks, with significant exposure to financial services (23%), industrials (16%), and healthcare (14%) - Major holdings in VTV include JPMorgan Chase, Berkshire Hathaway, and Exxon Mobil, providing liquidity and stability - SPTM covers a broader market with 1,510 stocks, heavily weighted towards technology (35%), featuring top positions in Nvidia, Apple, and Microsoft [5][6] Investment Considerations - VTV is suitable for income-focused investors due to its higher dividend yield and stability, while SPTM offers more growth potential through technology exposure but comes with increased risk [10]

Group 1 - Alan Brochstein is a pioneer in the cannabis investment sector, starting his career in the securities industry in 1986 and founding AB Analytical Services in 2007 to provide consulting for investment advisors [1] - He has been managing the investing group 420 Investor since 2013, focusing on publicly-traded cannabis stocks and moving the group to Seeking Alpha in 2023 [2] - The 420 Investor group covers 20 stocks, providing investment news, earnings report previews, and post-report analyses, along with a model portfolio and multiple weekly video analyses [2] Group 2 - New Cannabis Ventures, co-managed by Alan, has been a key provider of financial information in the cannabis industry since 2015 [1] - The investing group offers a monthly newsletter and a chat feature for investor questions, enhancing community engagement [2]

Core Insights - Transforming an initial investment of $10,000 into $12 million is feasible with time, strong growth ETFs, and consistent dollar-cost averaging [1][2] Investment Strategy - An initial investment of $10,000 with an additional $2,000 monthly for 30 years can yield over $12.5 million at a 15.3% average annual return, which reflects the S&P 500's performance over the past decade [2] - The S&P 500's return profile is expected to remain stable over the coming decades unless there are significant changes in the American economy [2] ETF Performance - The Invesco QQQ Trust has outperformed the S&P 500 with a cumulative return of 536.4% (20.3% annual) over the past decade, compared to the S&P's 315.3% (15.3% annual) [5] - The Invesco QQQ Trust has consistently outperformed the S&P 500 more than 87% of the time on a rolling-12-month basis, indicating stable performance [6] - The Vanguard Growth ETF has also outperformed the S&P 500, achieving an 18% annual return over the past decade, while the Vanguard Value ETF only provided a 12.1% annual gain [8] Sector Focus - The Vanguard Information Technology ETF focuses solely on technology stocks, with significant holdings in Nvidia, Apple, and Microsoft, which together account for nearly 44% of the ETF [10] - This concentration in high-performing tech stocks has resulted in an average annual return of 23.4% for the Vanguard Information Technology ETF over the past decade [11] Long-term Potential - A hypothetical investment in the Vanguard Information Technology ETF at a 23.4% return could grow to $67.5 million over 30 years with the same initial and monthly contributions [12] - Investing in growth-oriented ETFs with a strong tech focus is a solid long-term strategy, allowing for automated investment without the need for individual stock selection [13]

Core Argument - Investing in the S&P 500 index is a viable option, but considering value stocks may provide a smarter choice given current valuations [1][2]. Investment Strategy - Starting to invest, even with a small amount like $1,000, is crucial for investors, and consistently buying into the market can leverage dollar-cost averaging [3][6]. - The Vanguard S&P 500 ETF is highlighted as a top choice due to its low expense ratio of 0.03%, making it an affordable way to gain exposure to the S&P 500 [4]. Valuation Comparison - The Vanguard Value ETF offers a portfolio of large U.S. companies with lower valuations compared to the broader market, which is significant as the S&P 500 approaches all-time highs [8]. - The average price-to-earnings (P/E) ratio for the Vanguard Growth ETF is around 40, while the Vanguard S&P 500 Index ETF has a P/E of about 29, and the Vanguard Value ETF has a P/E of just under 21, indicating it is cheaper than both [9][10]. - The price-to-book (P/B) ratios further illustrate this trend, with the Vanguard Growth ETF at 12.5, the S&P 500 Index ETF at 5.2, and the Value ETF at 2.8, suggesting a more favorable valuation for the Value ETF [11]. Investment Recommendations - Investors are encouraged to start with a basic investment strategy and consider incorporating value stocks into their portfolio for diversification, especially if they are already invested in growth stocks [12][13].

Vanguard Value ETF is heading for an up year in 2025, but the real reason to buy it is that it isn't up as much as its growth counterpart or the S&P 500.Vanguard Value ETF (VTV 0.37%) is up around 8% so far in 2025. From a historical perspective, that's not a bad showing, given that investors generally expect the S&P 500 index to provide a 10% return, on average, each year.But Vanguard Value ETF is lagging well behind the broader market in 2025. Does that make it a bad investment idea or the right one for y ...

Core Viewpoint - The current market's focus on growth may warrant a shift towards value investments, as historical trends suggest a reversal is likely [1][5][12] Market Dynamics - The market experiences cycles influenced by investor emotions, with growth stocks leading during optimistic periods and value stocks performing better during pessimistic times [4][5] - Historical performance during the dot-com bust illustrates that value stocks outperformed growth stocks after the market entered a bear phase [3] Investment Options - Vanguard Value ETF (VTV) is recommended as a suitable option for investors looking to allocate funds into value stocks, especially in the current growth-dominated market [2][12] - SPDR Portfolio S&P 500 Growth ETF (SPYG) and SPDR Portfolio S&P 500 Value ETF (SPYV) are also mentioned as alternatives, but they are limited to S&P 500 stocks [7][10] ETF Comparisons - Vanguard Value ETF has a lower exposure to technology stocks (approximately 7%) compared to SPDR Portfolio S&P 500 Value ETF (around 25%), making it more attractive for those seeking a true value investment [9][10] - The average price-to-book value ratio for Vanguard Value ETF is 2.8x, compared to 3.2x for SPDR Portfolio S&P 500 Value ETF, indicating a stronger value tilt for Vanguard [11][13] Investment Strategy - Given the current market conditions, contrarian investors are encouraged to consider value investments as a hedge against potential market corrections [12][13]

Core Insights - Vanguard recommends a significant shift in asset allocation, suggesting 70% of the portfolio should be in fixed income and 30% in stocks, focusing on specific market segments [1][4]. Group 1: Expected Returns - Vanguard's analysts project U.S. equities to yield annual returns between 3.3% and 5.3% over the next decade, with growth stocks expected to return only 1.9% to 3.9% [2]. - The aggregate U.S. bond market is anticipated to return between 4% and 5% per year on average, indicating a more favorable outlook for bonds compared to equities [2]. Group 2: Valuation Concerns - The S&P 500 ETF is viewed as expensive, with a forward P/E ratio of 22.1, marking a historically high level, and the CAPE ratio has reached levels not seen since the dot-com bubble [3]. - The risk premium for equities over fixed income has diminished significantly due to sustained higher interest rates [3]. Group 3: Portfolio Composition - The TVAA model portfolio allocates 37% to the Vanguard Total Bond Market ETF, which tracks investment-grade U.S. bonds, reflecting a heavy weighting on bonds [7]. - The model also allocates 21% to international bonds, with the Vanguard Total International Bond ETF yielding 5.1% and employing a hedging strategy to mitigate foreign-exchange risk [9][10]. Group 4: Stock Selection - Vanguard's analysts favor U.S. value stocks over growth stocks, expecting value stocks to return between 5.8% and 7.8% annually, while only 11% of the stock allocation is directed towards U.S. value stocks [14]. - The Vanguard Value ETF is recommended as a suitable option for investors seeking exposure to U.S. large-cap value stocks [15]. Group 5: Investment Strategy - While Vanguard suggests a 70% allocation to fixed income, it acknowledges that equities have historically provided stronger long-term returns, advising a balanced approach for most investors [18].

Core Viewpoint - The stock market is approaching all-time highs with stretched valuations, suggesting it may be time to incorporate more value investments into portfolios [1] Group 1: Market Valuation - The Vanguard S&P 500 ETF has an average price-to-earnings (P/E) ratio of 27.6, indicating high valuations driven by enthusiastic investors [2][8] - The S&P 500 index's average price-to-book (P/B) ratio is 5, with large growth stocks, particularly in technology, contributing to these elevated metrics [8] - The Vanguard Growth ETF has an even higher P/E ratio of 39.4 and a P/B ratio of 12.1, further illustrating the growth-focused market environment [8] Group 2: Vanguard Value ETF - The Vanguard Value ETF tracks the CRSP US Large Cap Value Index, focusing on large companies categorized as "value" based on various financial metrics [3][5] - The ETF's average P/E ratio is 19.6 and average P/B ratio is 2.8, presenting a more reasonable valuation compared to the broader market [9][10] - The Vanguard Value ETF offers a low expense ratio of 0.04%, making it an attractive option for investors looking to mitigate risks associated with high growth valuations [11] Group 3: Investment Strategy - Investors may feel uncomfortable with current market valuations, but incorporating value investments like the Vanguard Value ETF can provide a counterbalance to growth-heavy portfolios [9][10] - The current market trend favors growth stocks, suggesting a potential shift towards value investments could be prudent [11]

Core Viewpoint - The SPDR Russell 1000 Yield Focus ETF (ONEY) is a passively managed ETF aimed at providing broad exposure to the Large Cap Value segment of the US equity market, with assets exceeding $904.23 million [1]. Group 1: Fund Overview - Launched on December 2, 2015, the ETF is sponsored by State Street Investment Management [1]. - The fund targets large cap companies, which typically have a market capitalization above $10 billion, offering a stable investment option with lower risk compared to mid and small cap companies [2]. Group 2: Investment Characteristics - Value stocks, which the ETF focuses on, generally have lower price-to-earnings and price-to-book ratios, and have historically outperformed growth stocks in most markets [3]. - The ETF has an annual operating expense ratio of 0.2%, making it one of the more cost-effective options in its category, and it offers a 12-month trailing dividend yield of 3.01% [4]. Group 3: Sector Exposure and Holdings - The ETF has the largest allocation to the Consumer Staples sector at approximately 14.3%, followed by Industrials and Consumer Discretionary [5]. - United Parcel Service Cl B (UPS) constitutes about 2.4% of total assets, with the top 10 holdings representing around 14.04% of total assets under management [6]. Group 4: Performance Metrics - The ETF aims to match the performance of the Russell 1000 Yield Focused Factor Index, which includes large-cap U.S. equity securities with high value, high quality, and low size characteristics [7]. - As of August 25, 2025, the ETF has returned approximately 7.59% year-to-date and 8.88% over the past year, with a trading range between $95.52 and $117.55 in the last 52 weeks [8]. Group 5: Alternatives and Market Position - The ETF holds a Zacks ETF Rank of 3 (Hold), indicating it is a reasonable option for investors seeking exposure to the Large Cap Value segment [10]. - Alternatives include the Schwab U.S. Dividend Equity ETF (SCHD) and the Vanguard Value ETF (VTV), which have significantly larger asset bases and lower expense ratios [11]. Group 6: General ETF Insights - Passively managed ETFs are increasingly popular among both retail and institutional investors due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [12].