As reported in ETF News, the small cap value index was the top performer for the month of July.

DSV

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Small cap value ETFs benefited as evidenced by the accompanying chart of the SPDR DJ Wilshire Small Cap Value ETF (DSV).

Other Small Cap Value ETFs include the iShares S&P SmallCap 600 Value ETF (IJS), the Morningstar Small Value Index Fund (JKL), and the Vanguard Small Cap ETF (VBR).