This ETF is linked to the S&P 500/Citigroup Value Index, which offers exposure to large-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. VOOV is linked to an index consisting of roughly 340 holdings and exposure is tilted most heavily towards financials, energy, and industrials. Thanks to this fund's solid level of diversification and cheap price, investors could definitely make VOOV a significant portion of their portfolios.