Designed to provide broad exposure to the Large Cap Value segment of the US equity market, the iShares Select Dividend ETF (NASDAQ: DVY) is a passively managed exchange traded fund launched on 11/03/2003. The fund is sponsored by Blackrock (NYSE: BLK). It has amassed assets over $17.87 billion, making it one of the largest ETFs attempting to match the Large Cap Value segment of the US equity market. Why Large Cap Value Companies that find themselves in the large cap category typically have a market capitalization above $10 billion. Overall, they are usually a stable option, with less risk and more sure-fire cash flows than mid and small cap companies. Value stocks are known for their lower than average price-to-earnings and price-to-book ratios, but investors should also note their lower than average sales and earnings growth rates. When you look at long-term performance, value stocks have outperformed growth stocks in nearly all markets. But in strong bull markets, growth stocks are more likely to be winners. Costs Investors should also pay attention to an ETF's expense ratio. Lower cost ...