These 3 Vanguard ETFs Have Lagged the Market so Far in 2024, but Here's Why They're Great Investments Right Now
The major stock-market indexes are at or near their all-time highs, but there are still some areas of the market that look undervalued. Small-cap stocks are one such area. They're trading at their lowest valuations on a price-to-book basis, relative to their large-cap counterparts, in more than 25 years. Value stocks have also been major underperformers.
This isn't too surprising. Indexes like the S 500 and Nasdaq Composite are disproportionately reliant on megacap tech stocks, which have performed exceptionally well in recent years. Plus, interest-rate headwinds have put pressure on small caps and value stocks.
However, there's reason to believe that things are about to change. Here are three exchange-traded funds (ETFs) that could be great assets to add to your portfolio right now.
Source Fool.com
