Any good Value ETFs that don't just use P/E or P/B?

[dragon]

Growth stocks have had a pretty incredible run, specifically a small handful. I'd like to essentially rebalance, and counter balance the tech growth bias in my portfolio, including in generic index funds. I'm curious if anyone has any suggestions for ETFs that use a more complex formula for screening companies than just P/E or P/B ratio, like VTV. It seems that that approach would include a lot of terrible companies that deserve a low P/E that aren't actually a good value play.

 

[ecalmese]

@dragon EBIT / EV - QVAL and IVAL, DEEP

Shareholder Yield (Dividends + Buybacks + Debt repayment / Price) - SYLD, FYLD and EYLD

P/B + Gross Profitability + Momentum and Investment screens - AVUV, AVDV, AVLV, AVIV, AVES

Free cashflow / EV - COWZ, CALF, GCOW and ICOW

 

[dragon]

@ecalmese Great list, thank you

 

[elise490]

@ecalmese Add ZIG to that list which is run by Toby also.

FLOW a good alt to COWZ but doesn't have very much AMU unfortunately.

 

[winkaglow]

@dragon I like RSP, it's an S&P 500 etf that's equal weighted instead of market cap weighted.

 

[edgarcia92]

@dragon Try looking into avantis?

AVLV

 

[resjudicata]

@dragon FVAL, QVAL, VALQ, WTV

 

[michaelmtincher]

@dragon MOAT

Tracks the morning star wide moat index. Where Morningstar researchers determine a company fair value price and compared to its current market price. As well as looking at other valuation ratios as well.

Since inception it has outperformed the SP500.

 

[kelland]

@dragon COWZ

 

[outlawingrace]

@dragon Avantis

 

[animeistrash]

@dragon Looks like you need some dividend payers to balance the growth. Check out VIG and SCHD.

 

[stephanielee91]

@dragon COWZ

FCF/EV which is actually well documented to outperform.

 

[kidkaos2]

@dragon You’d probably need to find a mutual fund that is actively managed

 

[elise490]

@kidkaos2 Many ETFs are actively managed or basically proprietary indexes that say active