The Roundhill Acquirers Deep Value ETF (NYSE: DEEP) has announced a change in its underlying index. The Acquirers Deep Value Index will now target deeply undervalued small-and-micro cap companies, having previously focused exclusively on large cap stocks.Tobias Carlisle, the founder of Acquirers Funds, says: “It is an historic moment for deeply undervalued small-and-micro cap stocks. While small value has delivered material long-run outperformance, it has lagged over the last decade, creating a generational buying opportunity.”
The Roundhill Acquirers Deep Value ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Acquirers Deep Value Index.
