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We have this one going down but only for a very short period and based only on stock history charts:
http://www.stocktruth.com/chart.php?symbol=VOE
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The fact that these companies are all chosen for their value standing makes this an interesting portfolio at a time like this. When things look like there's nowhere to go but up, companies that represent great values now should reap tremendous benefits as they move towards their more realistic (higher) market price.
Recs
Although this is a new ETF, it is based on the MSCI Mid-Cap 450 Value Index, which has returned 15% over the last 14 years with a standard deviation of only 14.5%, compared to 10.7% return and 17.4% std dev for S&P 500 index funds over the same 14 year period. As a result, this is a core holding in my annually-rebalance asset-allocation index-fund portfolio. The only downside is a relatively high 66% correlation with the S&P 500.
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