This report identifies the “best” ETFs and mutual funds based on the quality of their holdings and their costs. As detailed in “Cheap Funds Dupe Investors”, there are few funds that have both good holdings and low costs.

The Small Cap Value style ranks twelfth out of the twelve fund styles as detailed in my Style Rankings for ETFs and Mutual Funds report. It gets my Dangerous rating, which is based on aggregation of ratings of 15 ETFs and 262 mutual funds in the Small Cap Value style as of April 23, 2014.