The IVX is composed entirely of value stocks, and the IGX of growth stocks. Value stocks are stocks that exhibit a strong balance sheet and are considered to be undervalued based on the analysis of their fundamentals like book value, earnings and sales to price. Growth stocks typically exhibit the “strongest growth characteristics”. But, my analysis indicates the recent strength of value over growth just represents a pause in the major trend of growth over value, and not a significant turning point. Until then, value stocks could very well outperform growth stocks.

Source: Forbes November 16, 2019 18:22 UTC