Value stocks are getting another look from investors as 2020 approaches, but some exchange-traded fund experts don't think it's the start of a wholesale rotation out of growth.
Value is, indeed, getting another look from investors who have enjoyed growth's decade of gains, said Tom Lydon, editor and proprietor of"When you look at value compared to growth, growth has just kicked some major butt out there in the last 10 years," he said in the same "ETF Edge" interview. "Value? All of a sudden we're starting to see some money flowing in, and also in certain factors [like] fundamental factors, quality factors.
Draper wasn't sure they would, but suggested that a different group of buyers may come in to pick up the slack. The new money could be enough to drive "unloved names and sectors," including the interest-rate-sensitive financial stocks, higher going into next year, Draper said.
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