Is Vident U.S. Equity Strategy ETF (VUSE) a Strong ETF Right Now?
From Nasdaq:
The Vident U.S. Equity Strategy ETF (VUSE) launched in 2014 is a smart beta exchange traded fund designed to offer broad exposure to the Style Box – All Cap Value category.
Smart beta ETFs are an option for investors who believe in market inefficiency; these funds track non-cap weighted strategies, picking stocks with better risk-return performance.
VUSE has assets of $543.84 million and an expense ratio of 0.50%, tracking the Vident Core U.S. Equity Fund Index.
Information Technology is the largest sector, with 24.40% of assets, while the top 10 holdings account for 22.57% of total assets under management.
VUSE has lost about -1.01% this year but is up about 18.81% in the last year, and has a beta of 1.12 and a standard deviation of 19.05%.
Annual operating expenses for this ETF are 0.50%, making it on par with most peer products in the space.
Investors should consider other ETF options like Dimensional U.S. Targeted Value ETF (DFAT) and iShares Core S&P U.S. Value ETF (IUSV) for cheaper and lower-risk options.
Get free access to the latest recommendations from Zacks Investment Research. Sign up for top news and analysis with Zacks’ free Fund Newsletter.
Read more: Is Vident U.S. Equity Strategy ETF (VUSE) a Strong ETF Right Now?