Bet On These Top Value ETFs Now

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Value investing is witnessing growing popularity in 2021. Investors seem to be optimistic about the accelerated coronavirus vaccine rollout, solid fiscal stimulus support and reopening of the U.S. economy, which may lead to faster U.S. economic recovery from the pandemic-led economic slowdown. These factors are creating a conducive environment for value stocks to outperform their growth counterparts this year. Notably, the Russell 1000 Value index has climbed 17.8% so far this year, whereas the Russell 1000 Growth index is up 4.8%.

According to data from Johns Hopkins University, the daily average of new cases declined to roughly 17,248, as of May 31 (per a CNN report). The decline in the number of coronavirus cases has increased optimism among market participants toward faster recovering and reopening of the U.S. economy.

The United States is strongly controlling the coronavirus outbreak with accelerated coronavirus vaccine distribution. According to the Centers for Disease Control and Prevention (CDC) data, more than half of the U.S. population has been administered at least one dose of a COVID-19 vaccination, per a CNBC article. A CNN report also states that 12 states have touched President Joe Biden’s target to vaccinate 70% of adults, with at least one dose of coronavirus vaccine by Jul 4, per the CDC.

In another encouraging development, Moderna (MRNA) announced an impressive update relating to mRNA-1273. The company has announced that the Phase 2/3 study of its COVID-19 vaccine (mRNA-1273) in adolescents has met its primary immunogenicity endpoint. Markedly, there was no record of coronavirus cases among participants who were administered both the mRNA-1273 doses.

Going on, the latest public health guidelines issued by the CDC have relaxed restrictions on wearing masks at indoor and public gatherings. According to the new recommendations, completely vaccinated people do not need to wear masks or stay six feet away from others at indoor or outdoor gatherings, per a CNBC article.

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