This ETF is linked to the MSCI US Large Cap Value Index, which offers exposure to mega-cap companies that exhibit value characteristics within the U.S. equity market. Investors with a longer-term horizon should consider the importance of large cap value stocks and the benefits they can add to any well-balanced portfolio including dividends and rock solid stability. Companies within this segment are often considered some of the safest firms in the world and tend to be in more stable industries as well, potentially skewing some portfolios that are heavy in value securities. MGV is linked to an index consisting of roughly 150 holdings and exposure is tilted most heavily towards financials, energy, and health care. Thanks to this fund's reasonable level of diversification and cheap price, investors could definitely make MGV a significant portion of their portfolios. However, there are many other options out there that provide more diversification across the large cap value sector although few are cheaper than MGV.