Value x Momentum: This ETF Strategy Is Dominating 2021 May 2, 2021
The value factor is outpacing growth so far in 2021. Add momentum to the mix to get funds like the
DVLU seeks investment results that correspond generally to the price and yield of an index called the Dorsey Wright Momentum Plus Value Index. The fund uses an indexing investment approach to replicate the performance of the Index.
As of April 28, DVLU is skewed towards the financial and consumer discretionary sectors. Both sectors comprise about three-fourths of the fund’s net assets.
Pop the hood of DVLU and casual investors might not easily identify names like Unum Group or PVH Corp. DVLU’s strategy delves deeply into undervalued names in the large- to mid-cap equities universe using a fundamental approach via four metrics: price-to-sales ratio, price-to-book ratio, price-to-earnings ratio, and price-to-cash flow ratio.