Vanguard Russell 1000 Value ETF (VONV)
Vanguard Russell 1000 Value ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $113.05, down 0.05% on the session, giving a market capitalisation of $21.97B. Its beta of 0.85 implies it has historically moved less than the broad market.
This investment product allocates its capital to securities within the Russell 1000 Value Index, a broadly diversified benchmark primarily comprising value-oriented stocks of prominent U.S. corporations. Its central aim is to closely mirror the performance of this index, which serves as a recognized measure for returns among large-capitalization U.S. value equities. While it presents significant opportunities for capital appreciation, its share value typically exhibits greater volatility compared to investment vehicles focused on bonds. Consequently, it is best suited for investors with long-range financial aspirations where substantial growth of their investment is a key priority.
Vanguard Russell 1000 Value ETF is most often compared with the following Financial Services names: