The Large Cap Value style ranks first out of the twelve fund styles as detailed in our 3Q20 Style Ratings for ETFs and Mutual Funds report. Last quarter, the Large Cap Value style ranked first as well. It gets our Very Attractive rating, which is based on an aggregation of ratings of 67 ETFs and 780 mutual funds in the Large Cap Value style as of July 22, 2020. See a recap of our 2Q20 Style Ratings here.
Figures 1 and 2 show the five best and worst rated ETFs and mutual funds in the style. Not all Large Cap Value style ETFs and mutual funds are created the same. The number of holdings varies widely (from 20 to 808). This variation creates drastically different investment implications and, therefore, ratings.