Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

The best value ETF of December 2023

The best value ETF bundles broad market diversification with potentially competitive returns.

Value exchange-traded funds (ETFs) are funds composed of stocks that trade below what their performance suggests. In other words, stocks that are undervalued. Value stocks stand out for their high dividend yields, low price-to-book (P/B) ratio and low price-to-earnings (P/E) ratio. Value ETFs also seek to capitalize on these undervalued assets by offering broad exposure to a variety of value stocks.

Our top picks for where to buy the best value ETF

Best for beginners


  • Min. deposit: $0
  • Stock trade fee: $0
  • Sign up bonus: Get up to $1,000 in stock when you fund a new account within 30 days

Best for options trading


  • Min. deposit: $0
  • Stock trade fee: $0
  • Sign up bonus: Get $100-$5,000 when you open an account with $5,000 to $1,000,000+

Best for social investing


  • Min. deposit: $0
  • Stock trade fee: $0
  • Sign up bonus: [FINDER EXCLUSIVE] Get a $25 bonus when you sign up and deposit $100

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Best value ETF

Here are the best value ETFs for small, mid and large cap companies based on YTD price change with expense ratios less than 0.25%.

LogoETF name and tickerETF descriptionExpense ratioYTD returnMarket Cap
Avantis U.S. Small Cap Value ETF logoAvantis U.S. Small Cap Value ETF (AVUV)AVUV is an ETF designed to track and invest in small-cap value stocks within the U.S. market.0.25%0.75%Small cap
SPDR S&P ETF logoSPDR S&P 400 Mid Cap Value ETF (MDYV)MDYV is an exchange-traded fund designed to replicate the performance of mid-cap U.S. stocks with a value investing approach0.15%-4.40%Mid cap
Franklin FTSE Italy ETF logoFranklin FTSE Italy ETF (FLIY)FLIY is an ETF offered by Franklin Templeton, focused on tracking the FTSE Italy Capped Index.0.09%15.89%Large cap

How to buy the best value ETFs in 5 easy steps

  1. Choose an online stock trading platform. Choose from our Top Picks above, use our comparison table below or jump straight to the best ETF brokers 2023.
  2. Sign up for an account. Provide your personal information and sign up.
  3. Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
  4. Choose the stocks you want to buy. Search for the stock by name or ticker symbol.
  5. Place your order. Buy the stock. It’s that simple.
A photo of matthewmiczulski

What Matt thinks about investing value ETFs

Value stocks are stocks that trade below what they're worth, but identifying these potential gems means analyzing metrics like price-to-book ratios and price-to-earnings ratios. Value ETFs will follow this strategy for you and provide an efficient way to diversify your portfolio. And because many value stocks are of well-established companies, value ETFs tend to provide an attractive dividend yield.

— Matt Miczulski, Editor, Investments.

Why invest in the best value ETF?

Let’s be honest: it’s been difficult for value to keep up with growth over the last decade. Cathie Wood’s tech-focused ARK Innovation ETF (ARKK) has produced average returns of 46.35% over the last five years, with one-year returns of 177.10%.

So why add value stocks or ETFs to your portfolio? Just ask Warren Buffett. Over time, value stocks are a predictable, stable investment. The valuations are lower, and these securities tend to fare better in times of market turmoil. My inclusion of funds such as the Vanguard S&P Mid-Cap 400 Value Index Fund ETF Shares aims at adding exposure to those smaller capitalized companies that have the potential to really grow.

Compare more trading platforms to invest in value ETFs

1 - 6 of 6
Name Product Ratings Available asset types Minimum deposit Stock trade fee Signup bonus
SoFi Invest
Finder Rating: 4.6 / 5: ★★★★★
SoFi Invest
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
Get up to $1,000 in stock
when you fund a new account within 30 days.
tastytrade
Finder Rating: 4.8 / 5: ★★★★★
tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures
$0
$0
Get $100 - $5,000
when you you open and fund an account with $5,000 to $100,000+
Highly commended for Best Derivatives Trading Platform award.
eToro
Finder Rating: 4.2 / 5: ★★★★★
EXCLUSIVE
eToro
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
FINDER EXCLUSIVE: Get a guaranteed $25 bonus
when you sign up and deposit $100
Not available in NY, NV, MN, TN, and HI.
Public.com
Finder Rating: 4 / 5: ★★★★★
Public.com
★★★★★
Stocks, ETFs, Cryptocurrency, Art, Treasury Bills, Collectibles
$0
$0
Get up to $300 in either stocks or crypto
when you use code FINDERUS to sign up and fund a new account.
2.5% fee applies to all alternative asset transactions.
Robinhood
Finder Rating: 4.2 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
Get a free stock
when you successfully sign up and link your bank account.
Make unlimited commission-free trades, plus earn 5% interest on uninvested cash in your account with Robinhood Gold. Subscription fees apply.
Wealthfront
Finder Rating: 4 / 5: ★★★★★
Wealthfront
★★★★★
Stocks, ETFs
$500
$0
Get a $50 bonus
when you fund your first taxable Automated Investing Account.
Automated stock and bond ETF investing with the ability to trade individual stocks for as little as $1 apiece.
loading

Frequently asked questions about value ETFs

More guides on Finder

Ask an Expert

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site