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Vanguard S&P Mid-Cap 400 Value Index Fund ETF Shares
IVOV (Vanguard S&P Mid-Cap 400 Value Index Fund ETF Shares) is a factor US Equity ETF by Vanguard. With a 0.10% MER, it provides diversified exposure through 10 holdings. Annual distribution with a 1.75% yield.
IVOV by Vanguard is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
Its 0.10% MER makes it one of the most cost-effective options in its category.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).