FOVL: Overweight In Financials And Little Market Interest

  • iShares Focused Value Factor ETF (FOVL) has a portfolio of 39 value stocks overweight in financials. FOVL has outperformed for 12 months, but it doesn't seem to bring a long-term edge over its competitors. The fund suffers from low assets under management and decreasing outstanding shares, raising concerns about its long-term viability.