SPYV

SPDR S&P 500 Value ETF (SPYV) - $0.1921.30-Day SEC Yield of 2.80% as of Sept. 18.Payable Sep 24; for shareholders of record Sep 22; ex-div Sep 21.

S&P 500 earnings data (courtesy of IBES data by Refinitiv) continues to show positive sequential increases in weekly S&P 500 earnings estimates for various time frames.The correction being seen in the US equity market - at least so far anyway - isn't supported by a degradation in either the forward 4-quarter S&P 500 EPS estimate or the various time frames covered by the S&P 500's "forward earnings curve".Despite the sharp drop in the large-cap Tech stocks, the Tech sector estimates haven't changed that much.

In this part three of my "value investing binge", I face off the SPDR Portfolio S&P 500 Value ETF against Vanguard's VTV.When it comes to factors like size, liquidity, diversification and cost, SPYV and VTV are very comparable.Regarding value ETFs, I am largely indifferent between SPYV and VTV, and award a bronze medal in this three-player race to VOOV.

Over the last several weeks, the S&P 500 has been on a tear, setting records on an almost daily basis despite lacking breadth, with the biggest rises in stock prices concentrated in the technology sector.Until last week, when what we've described as a bubble in stock prices appears to suddenly pop after spiking up to hit an all-time high.Remarkably, the S&P 500 waited to exit the redzone forecast range we've been focused upon for the last six weeks in the alternative futures chart.

There is considerable capital likely to be deployed into equities as investor pessimism eases into optimism.Other than the FAANG issues, there are many equity opportunities yet available.Buy stocks of well-managed companies with active insider buying.