Best Value ETFs (2026)

Which large-cap value fund to hold — 12 funds ranked on cost, yield, return, risk and ETFValuer's overall grade.

Updated July 26, 2026

Every figure on this page is recalculated from market data each day, so the ranking reflects current conditions rather than whenever this page was written. Educational content — not financial advice.

Top Picks Right Now

#1
VTV
Vanguard Value Index Fund ETF Shares
A 86.1/100
  • cheapest in the group at 0.03%
  • largest and most liquid at $254.5B
#2
MGV
Vanguard Mega Cap Value Index Fund
B+ 84.2/100
  • scores 84.2 on the overall model (grade B+)
#3
IWD
iShares Russell 1000 Value ETF
B+ 83.6/100
  • scores 83.6 on the overall model (grade B+)

Ranked by ETFValuer's overall score. Recalculated every day from live market data — these positions change as the underlying numbers move.

At a Glance

Cheapest
VTV
0.03%
Highest yield
DHS
3.19%
Best risk-adjusted
IWX
Sharpe 2.21
Largest
VTV
$254.5B
Shallowest drawdown
DHS
-11.9%

Each superlative is measured within this group of 12 funds, not across the whole market.

All 12 Funds Ranked

FundCategoryCostYield1Y3YVolatilityMax DDSharpeAUMScoreGrade
1 VTVVanguard Value Index Fund ETF SharesUS Large Cap Value0.03%1.38%+25.5%+60.5%10.3%-14.5%1.99$254.5B86.1A
2 MGVVanguard Mega Cap Value Index FundUS Large Cap Value0.05%1.86%+25.7%+63.7%10.2%-13.2%2.04$13.3B84.2B+
3 IWDiShares Russell 1000 Value ETFUS Large Cap Value0.18%1.07%+26.8%+60.7%11.3%-15.7%1.93$79.7B83.6B+
4 VONVVanguard Russell 1000 Value Index Fund ETF SharesUS Large Cap Value0.06%1.62%+26.8%+60.5%11.3%-15.7%1.92$21.5B82.5B+
5 IWXiShares Russell Top 200 Value ETFUS Large Cap Value0.20%1.46%+28.6%+63.9%10.7%-13.4%2.21$3.6B81.4B+
6 SCHVSchwab U.S. Large-Cap Value ETFUS Large Cap Value0.04%1.75%+24.0%+58.5%11.2%-15.3%1.69$15.9B80.8B+
7 CGDVCapital Group Dividend Value ETFUS Large Cap Value0.33%1.19%+21.6%+80.8%12.4%-14.3%1.33$37.2B78.9B+
8 DLNWisdomTree U.S. LargeCap Dividend FundUS Large Cap Value0.28%1.79%+19.2%+58.6%8.9%-13.7%1.59$6.1B75.9B+
9 RPVInvesco S&P 500 Pure Value ETFUS Large Cap Value0.35%2.38%+28.1%+57.6%12.6%-15.5%1.84$1.7B75.5B+
10 DHSWisdomTree U.S. High Dividend FundUS Large Cap Value0.38%3.19%+22.2%+56.9%10.3%-11.9%1.67$1.5B74.7B
11 SPYVState Street SPDR Portfolio S&P 500 Value ETFUS Large Cap Value0.04%1.35%+17.3%+46.1%9.9%-17.5%1.24$35.3B72.4B
12 IUSViShares Core S&P U.S. Value ETFUS Large Cap Value0.04%1.30%+17.3%+45.8%10.0%-17.8%1.23$26.5B71.6B

Max DD is the deepest peak-to-trough fall over the measurement window. Sharpe ratio measures return per unit of volatility — higher is better. Every figure is recalculated daily.

What Makes a Good Fund Here

Value funds buy companies trading cheaply relative to earnings or book value. They lag badly in growth-led markets and lead in rotations, so judging them over a short window is misleading — the trailing figures below say as much about the market regime as about the funds.

The ETFValuer score blends trailing return, risk-adjusted return, expense ratio, maximum drawdown, fund size and volatility, each percentile-ranked against the full tracked universe, into a single 0-100 figure graded A+ to F. It is a systematic summary of past data, not a forecast — read it alongside the individual columns rather than instead of them.

Head-to-Head Comparisons

Full metric-by-metric breakdowns for the closest calls in this group.

Frequently Asked Questions

What is the best value ETF?

VTV leads the 12 value funds tracked, with a score of 86.1 (A). VTV charges the least at 0.03%.

Is value or growth better right now?

Neither reliably outperforms the other over all periods — the leadership rotates, sometimes for a decade at a time. Holding a blend or total-market fund avoids having to call the rotation at all.

Compare any of these funds directly

Side-by-side metrics, holdings overlap and return correlation for any pair.

Other Rankings