Vanguard Russell 1000 Value ETF Outperforms Tech Benchmarks This Year
What happened
The Vanguard Russell 1000 Value ETF (VONV +2.03%) has outperformed the S&P 500 and Nasdaq Composite this year. The fund's top 10 holdings include JPMorgan Chase and ExxonMobil. While tech stocks are a component of the Vanguard ETF, they make up only 22% of its total holdings.
From fool.com
Why it matters
The performance suggests that diversified portfolios, which include holdings like JPMorgan Chase and ExxonMobil, may offer different risk/return profiles compared to benchmarks heavily weighted toward technology stocks. The report notes that the S&P 500 and Nasdaq Composite have historically had a heavy exposure to tech stocks.
From fool.com
Who's involved
- VanguardManages the Vanguard Russell 1000 Value ETF
- JPMorgan ChaseListed as one of the top 10 holdings in the ETF
- ExxonMobilListed as one of the top 10 holdings in the ETF
- NasdaqOne of the stock market benchmarks that was outperformed
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
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The entities involved
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JPMorgan Chase
American multinational banking and financial services holding company
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ExxonMobil
American multinational oil and gas corporation
Related events
- Royal Bank of Canada increased its stake in the JPMorgan Equity Focus ETF, which is newly listed on Nasdaq.
- Busey Bank acquired a new stake in the JPMorgan BetaBuilders Canada ETF, which is managed by JPMorgan Chase.
- JPMorgan Chase adjusted its price target and maintained its rating for Expeditors International on July 8, 2025.
- Sumitomo Mitsui DS Asset Management Company Ltd acquired a position in the JPMorgan BetaBuilders Canada ETF.
- Royal Bank of Canada increased its stake in the JPMorgan International Bond Opportunities ETF, while Hughes Financial Services LLC reduced its holdings.