The US market for small cap value stocks is much deeper than the Canadian market. Take a look at this link to a visual guide to US ETFs. Based upon the map, any of IWN, IJS, JKL, PWY, VBR, RZV or DSV could meet your investment objectives.
Also, in many cases, growth and value indices tend to exhibit a high degree of correlation. This is because all equities (in the same market) are affected by the same market risk premium, which is the most significant driver of returns (under the Fama & French model). If diversification is what you are looking for, there may be better ways to achieve it.
Also, in many cases, growth and value indices tend to exhibit a high degree of correlation. This is because all equities (in the same market) are affected by the same market risk premium, which is the most significant driver of returns (under the Fama & French model). If diversification is what you are looking for, there may be better ways to achieve it.
