13.05.2015 - Value ETFs don’t really live up to their name
Academic studies have shown that, on average since 1980, value stocks have beaten growth stocks by about 10 per cent in Canada and, depending on the market, by between 6 per cent and 10 per cent in the U.S. The figures are smaller since 1998, but still significantly positive. But this evidence does not square with the differences in returns between U.S. and Canadian value and growth exchange-traded funds. For example, XCV-T, the iShares Canadian Value ETF, has had an average annual return of 5.7 per cent, while XCG-T, the iShares Canadian Growth ETF, has had an average annual return of 6.5 per cent, since inception in 2006...............................................Full Article: Source
Print