VLUE
iShares MSCI USA Value Factor ETF · iShares
US Broad Market
1Y Return
+74.7%
Expense Ratio
0.15%
AUM
$11B
Dividend Yield
1.80%
Avg Annual Growth (10Y)
+11.2%
Issuer
BlackRock iShares

Overview

Deep value within each sector — US large and mid caps trading cheapest on book, earnings and cash flow relative to sector peers.

Top Holdings

TickerHoldingWeight
INTCIntel Corp.9.1%
TAT&T Inc.4.8%
CSCOCisco Systems4.6%
IBMIBM Corp.4.2%
QCOMQualcomm Inc.3.9%
GMGeneral Motors3.4%
CVSCVS Health3.1%
FFord Motor2.6%
MUMicron Technology2.4%
CCitigroup Inc.2.3%

Fund Details

Index
MSCI USA Enhanced Value
# Holdings
~150
Inception
Apr 2013
Exchange
Cboe BZX
Structure
Open-End Fund
Distribution
Quarterly
Avg Annual Growth (10Y)
+11.2%
Avg Annual Yield (10Y)
2.23%

Investment Thesis

VLUE just delivered the year value investors waited a decade for: +75%, roughly triple the S&P 500, as its sector-neutral deep-value screen concentrated in exactly the cheap tech that re-rated hardest — Intel's turnaround, Qualcomm, Micron, the telecoms. The design that made it painful in growth markets (cheapest names, full sector weights) is what made the snap-back violent. Mean reversion cuts both ways; this is the aggressive end of the value spectrum.

Who It's For

Conviction value investors who want the deepest systematic discount available in US large caps and can hold through the barren stretches. The reward for that patience just printed.

10-Year History

Annual Closing Price
YearClose% Chg
2016$60.00--
2017$73.20+22.0%
2018$62.22-15.0%
2019$75.91+22.0%
2020$75.91+0.0%
2021$92.61+22.0%
2022$81.50-12.0%
2023$97.80+20.0%
2024$107.58+10.0%
2025$142.00+32.0%
Annual Dividend Yield
YearYield
20162.30%
20172.10%
20182.60%
20192.40%
20202.20%
20211.90%
20222.40%
20232.30%
20242.20%
20251.90%
Annual AUM
YearAUM% Chg
2016$2.5B--
2017$4B+60.0%
2018$3.5B-12.5%
2019$4B+14.3%
2020$3.5B-12.5%
2021$7B+100.0%
2022$6.5B-7.1%
2023$5.5B-15.4%
2024$6B+9.1%
2025$8.5B+41.7%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

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