PXLV is one of several ETFs that offers exposure to large cap value equities, a corner of the U.S. stock market that includes countless well known firms and receives a hefty allocation in many portfolios. As such, PXLV has a number of potential uses; this fund could potentially be appealing to investors building a long-term, buy-and-hold portfolio or might also be useful for those looking to establish a shorter-term tactical tilt towards this asset sub-class. PXLV is unique from many of the ETFs in the Large Cap Value ETFdb Category because of the methodology employed by the subject index. This ETF is part of the suite of RAFI ETFs from PowerShares, and seeks to replicate an index that uses multiple fundamental factors in order to determine both which stocks should be included in the benchmark and the weightings afforded to each. This approach to indexing has the effect of removing the link between stock prices and the allocation afforded to individual securities, one of the most widely cited drawbacks of cap-weighted indexes (those indexes have the tendency to overweight overvalued stocks and underweight undervalued ones). In return for exposure to this RAFI methodology, investors can expect to pay a bit more; PXLV has an expense ratio that is a bit higher than other competitors in the Large Cap Value ETFdb Category. For those who are convinced that the RAFI methodology is capable of generating excess returns over the long run, this fund might be the preferred means of establishing exposure to large cap value stocks. But keep in mind that outperformance is by no means guaranteed, and that the higher expenses charged set an "alpha hurdle" that must be consistently cleared. Those who prefer to minimize fees and simply own the market might look elsewhere; VTV and IWD are among the most popular alternatives (SCHV may appeal to the cost conscious crowd).
The adjacent table gives investors an individual Realtime Rating for PXLV on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Large Cap Value Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
This ETF is not currently available for commission free trading on any platforms.
There are 29 other ETFs in the Large Cap Value Equities ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of PXLV relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Source: LSEG Information Services (US), Inc. (“LSEG”) © LSEG 2016. All rights in the XTF data, ratings and / or underlying data contained in this communication (“the XTF information”) vest in LSEG and/or its licensors. Neither LSEG nor its licensors accept any liability arising out of the use of, reliance on or any errors or omissions in the XTF information. No further distribution of the XTF information is permitted without LSEG’s express written consent. LSEG does not promote, sponsor or endorse the content of this communication.