When market volatility hits the market the first reaction for most investors is to flock to safety. One strategy that is most common is to turn to value stocks since they tend to have relatively less risk than other types of positions. Given the rise in exchange traded funds over the past several years, there are several interesting options for traders to choose from. In the article below, we’ll take a look at several value-related ETFs that offer a varying level of exposure and diversification. (For more, see The Value Investor’s Handbook .)

Guggenheim S&P 500 Pure Value

One solid choice for active traders interested in value stocks is the Guggenheim S&P Pure Value (RPV ) ETF. The fund seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P Pure Value Index. For the cost conscious traders out there, the fund carries a 0.35% gross expense ratio and has total net assets of just over $1 billion. The fund holds 122 positions and taking a look at the five-year weekly chart below, you can see that it is trading near the support of a long-term trendline. Traders will hold a bullish outlook on the fund until the bears send the price below the combined support of the trendline and the psychological $50 mark. (For more, see: Support and Resistance Basics .)

Vanguard Mid Cap Value

For traders who are interested in taking on risk, one option could be the Vanguard Mid Cap Value (VOE ) ETF. The fund offers broad exposure to mid-sized companies while still maintaining a strong focus on value metrics. This ETF carries a 0.24% expense ratio, which is 80% lower than the average expense ratio of funds with similar holdings. With total net assets of $7.1 billion and exposure to 206 different positions it is little wonder why it is such a popular choice for retail investors.

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Taking a look at the chart, you can see that it has been under pressure over the past few trading sessions. The bearish crossover between the MACD and its signal line along with the descending RSI indicator suggest that the short-term momentum is in the favor of the bears. However, it is important to note that that the long-term support of the 200-day moving average combined with a short-term trendline are likely to act as floors to any significant move lower. Active traders will likely look to enter a long position as close to the support levels as possible because this move would maximize the risk/reward ratio of the trade. (For more, see: A Primer On The MACD .)

Cambria Global Value

Some investors may be considering spreading risk around by investing in global value stocks. In this case, one fund that could be worth a closer look is the Cambria Global Value ETF (GVAL ). This fund invests in companies with strong value characteristics across 45 different countries located in both developed and emerging markets. The international exposure is interesting to many and given the specific niche also carries a relatively higher expense ratio of 0.59%.

Based on the chart, you can see that the MACD indicator has also crossed below its signal line and that the short-term momentum is on the side of the bears. Bullish traders will be keeping a close eye on the long-term descending trendline to see if the price is able to find support and put together a bounce higher. (For more, see: Invest In Large-Cap Value Stocks With This ETF .)

The Bottom Line

Given the rise in volatility over the past few trading sessions, many active traders are starting to turn their attention to value stocks. In the article above, we’ve taken a close look at a several ETFs that are quite different in exposure and diversification, but at the core they all focus on value. While several funds are experiencing short-term pressure, the prices are nearing long-term support levels shown on the charts. Based on the analysis above, current levels could be offering the risk/reward ratio that many active traders have been waiting for. (For more, see Three ETF Value Picks .)