Brandes US Value ETF

BUSA

Market cap $271M

Buffett indicator at record highs flags risk. These high-momentum, lower-P/E ETFs -- DEM, DFJ, BUSA, DFNL, DGT -- may offer value cushions.

BUSA is a relatively new actively managed large-cap value ETF with $150 million in assets and a 0.60% expense ratio. Selecting stocks based on the principles of Benjamin Graham and David Dodd, BUSA's Investment Committee has designed a portfolio with a forward P/E that's incredibly attractive versus its category peers. However, on a sector-adjusted basis, BUSA's value features aren't much better than low-cost index funds like IWD, SPYV, and VTV. BUSA also makes diversification, quality, and sentiment sacrifices.

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