Value and Quality: 2 ETFs to Watch on Outsized Volume

QQQ SPY DIA SPHQ VONV

In the last trading session, U.S. stocks continued to see rough trading on Trump’s threat to increase tariff on Chinese goods. Among the top ETFs, investors saw SPY shed 0.07%, DIA gain 0.08%, and QQQ move 0.2% lower on the day.

Two more specialized ETFs are worth noting as both saw trading volume that was far outside of normal. In fact, both these funds experienced volume levels that were more than double their average for the most recent trading session. This could make these ETFs the ones to watch out for in the days ahead to see if this trend of extra-interest continues.

VONV: Volume 3.46 Times Average

This value ETF was under the microscope as 202,000 shares moved hands. This compares with average trading volume of roughly 61,000 shares and came as VONV lost 0.3% in the trading session.

The big move was largely the result of heightened volatility that led to higher appeal for value ETFs and can have a big impact on value stocks like what we find in this ETF portfolio. VONV has lost 0.8% over the past month and carries a Zacks ETF Rank #2 (Buy) with a High risk outlook.

SPHQ: Volume 3.18 Times Average

This quality ETF was in the spotlight as around 1 million shares moved hands compared with an average 328,000 shares a day. We also saw some price movement as SPHQ added 0.06% in the last session.

The movement can largely be blamed on investors’ caution that compelled them to look for quality products. SPHQ has shed 1.1% in a month’s time.

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