Should Vanguard S&P Mid-Cap 400 Value ETF (IVOV) Be on Your Investing Radar?
Vanguard S&P Mid-Cap 400 Value ETF (IVOV):
- Passively managed ETF focusing on the Mid Cap Value segment of the US equity market.
- Sponsored by Vanguard with assets over $849.44 million, offering exposure to mid-cap companies.
- Mid-cap companies offer growth potential and stability, making them less risky than small caps.
- The ETF has low costs with an expense ratio of 0.15% and a dividend yield of 1.54%.
- Sector exposure includes Industrials, Financials, and Consumer Discretionary, with top holdings like Fidelity National Financial Inc and Wp Carey Inc.
Performance and Risk:
- Seeks to match the performance of the S&P MidCap 400 Value Index, showing a loss of -1.18% YTD and 15.70% in the last year.
- Medium risk choice with a beta of 1.18 and standard deviation of 20.03% for the trailing three-year period.
- Diversifies company-specific risk with about 301 holdings.
- Holds a Zacks ETF Rank of 2 (Buy), making it a good option for investors seeking exposure to Mid Cap Value.
- Alternatives include iShares Russell Mid-Cap Value ETF (IWS) and Vanguard Mid-Cap Value ETF (VOE) tracking similar indexes.
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Analyst Views on IVOV
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Unusual Volume Noted for IVOV ETF on Friday
High Trading Volume: The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) experienced unusually high trading volume on Friday, with over 380,000 shares traded compared to a three-month average of about 30,000 shares.
Top Performers: Cleveland-Cliffs and MP Materials were among the ETF's components with the highest trading volume, increasing by approximately 1.9% and 2%, respectively, while PBF Energy saw the most significant gain at about 6.7%.
Underperformer: RH was the laggard among the ETF components, trading down by about 4.3% on the day.
Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
Experts Predict IVOV Will Reach $116
ETF Analysis: The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) has an implied analyst target price of $115.73, indicating a potential upside of 17.24% from its current trading price of $98.71.
Notable Holdings: Key underlying holdings with significant upside potential include MP Materials Corp (48.03% upside), Rayonier Inc. (35.84% upside), and Gentex Corp. (29.76% upside) based on their respective analyst target prices.
Market Sentiment: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets may lead to future downgrades if they do not align with market realities.
Investor Considerations: Investors are encouraged to conduct further research to assess the validity of analyst targets in light of recent company and industry developments.
Breaking Down the Components: IVOV Aims for $114
ETF Analysis: The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) has an implied analyst target price of $113.55, indicating a potential upside of 12.53% from its current trading price of $100.91.
Notable Holdings: Key underlying holdings with significant upside potential include Unum Group (27.32% upside), RH (14.12% upside), and Under Armour Inc (13.74% upside) based on their respective analyst target prices.
Analysis Indicates IVOV Could Reach $112
ETF Analysis: The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) has an implied analyst target price of $111.72 per unit, indicating a potential upside of 13.89% from its current trading price of $98.10.
Notable Holdings: Key underlying holdings with significant upside potential include Acadia Healthcare Company Inc. (ACHC), CAVA Group Inc. (CAVA), and Concentrix Corp (CNXC), each showing expected increases in their stock prices based on analyst targets.
Analyst Target Comparisons: ACHC's average target is $31.00/share (45.54% upside), CAVA's is $95.93/share (39.95% upside), and CNXC's is $68.00/share (37.74% upside) compared to their recent trading prices.
Investor Considerations: Questions arise regarding the validity of these analyst targets and whether they reflect realistic expectations or are overly optimistic, suggesting the need for further investor research.
We Did The Math IVOV Can Go To $111
ETF Analysis: The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) has an implied analyst target price of $110.86, indicating a potential upside of 16.26% from its current trading price of $95.35.
Stock Performance Insights: Notable underlying holdings such as Regal Rexnord Corp, ManpowerGroup Inc, and Ingredion Inc show significant upside potential based on analysts' target prices, raising questions about the validity of these targets amidst market conditions.
Implied IVOV Analyst Target Price: $107
ETF Analyst Target Prices: The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) has an implied analyst target price of $107.47, indicating a potential upside of 15.35% from its current trading price of $93.17.
Notable Holdings with Upside Potential: Key holdings such as Olin Corp., Universal Display Corp., and Vail Resorts Inc. show significant upside potential based on analyst targets, with expected increases of 32.14%, 22.10%, and 20.68% respectively from their recent share prices.
Unusual Volume Noted for IVOV ETF on Friday
High Trading Volume: The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) experienced unusually high trading volume on Friday, with over 380,000 shares traded compared to a three-month average of about 30,000 shares.
Top Performers: Cleveland-Cliffs and MP Materials were among the ETF's components with the highest trading volume, increasing by approximately 1.9% and 2%, respectively, while PBF Energy saw the most significant gain at about 6.7%.
Underperformer: RH was the laggard among the ETF components, trading down by about 4.3% on the day.
Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
Experts Predict IVOV Will Reach $116
ETF Analysis: The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) has an implied analyst target price of $115.73, indicating a potential upside of 17.24% from its current trading price of $98.71.
Notable Holdings: Key underlying holdings with significant upside potential include MP Materials Corp (48.03% upside), Rayonier Inc. (35.84% upside), and Gentex Corp. (29.76% upside) based on their respective analyst target prices.
Market Sentiment: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets may lead to future downgrades if they do not align with market realities.
Investor Considerations: Investors are encouraged to conduct further research to assess the validity of analyst targets in light of recent company and industry developments.
Breaking Down the Components: IVOV Aims for $114
ETF Analysis: The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) has an implied analyst target price of $113.55, indicating a potential upside of 12.53% from its current trading price of $100.91.
Notable Holdings: Key underlying holdings with significant upside potential include Unum Group (27.32% upside), RH (14.12% upside), and Under Armour Inc (13.74% upside) based on their respective analyst target prices.
Analysis Indicates IVOV Could Reach $112
ETF Analysis: The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) has an implied analyst target price of $111.72 per unit, indicating a potential upside of 13.89% from its current trading price of $98.10.
Notable Holdings: Key underlying holdings with significant upside potential include Acadia Healthcare Company Inc. (ACHC), CAVA Group Inc. (CAVA), and Concentrix Corp (CNXC), each showing expected increases in their stock prices based on analyst targets.
Analyst Target Comparisons: ACHC's average target is $31.00/share (45.54% upside), CAVA's is $95.93/share (39.95% upside), and CNXC's is $68.00/share (37.74% upside) compared to their recent trading prices.
Investor Considerations: Questions arise regarding the validity of these analyst targets and whether they reflect realistic expectations or are overly optimistic, suggesting the need for further investor research.
We Did The Math IVOV Can Go To $111
ETF Analysis: The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) has an implied analyst target price of $110.86, indicating a potential upside of 16.26% from its current trading price of $95.35.
Stock Performance Insights: Notable underlying holdings such as Regal Rexnord Corp, ManpowerGroup Inc, and Ingredion Inc show significant upside potential based on analysts' target prices, raising questions about the validity of these targets amidst market conditions.
Implied IVOV Analyst Target Price: $107
ETF Analyst Target Prices: The Vanguard S&P Mid-Cap 400 Value ETF (IVOV) has an implied analyst target price of $107.47, indicating a potential upside of 15.35% from its current trading price of $93.17.
Notable Holdings with Upside Potential: Key holdings such as Olin Corp., Universal Display Corp., and Vail Resorts Inc. show significant upside potential based on analyst targets, with expected increases of 32.14%, 22.10%, and 20.68% respectively from their recent share prices.
