VLUE is trading 3% down today as its significant allocation to information technology leads to a sharp decline amid a broad global tech rout.
- Investors are rotating out of tech-heavy value names following a reassessment of AI-related valuations and general risk-off sentiment.
- Negative IT spending signals from Accenture have added further pressure to the sector.
- With more than 40% of the fund concentrated in IT, the ETF is tracking sector-driven downside rather than fund-specific news.