T. Rowe Price Value ETF
Top 10 Holdings
What is TVAL?
The fund uses a value style of investing by seeking companies that appear to be undervalued by various measures, and may be temporarily out of favor, but have good prospects for capital appreciation. The fund primarily invests in a diversified portfolio of U.S. large-cap stocks by using a bottom up approach of individual security analysis.
ETFs related toTVAL
ETFs correlated to TVAL include JAVA, VTV, SCHV
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
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We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.