Tilt Into the Value Run with This FlexShares ETF May 13, 2021 Value stocks are reclaiming their lost glory. That may be good news, but some market observers see sustainability in this run. That’s to the benefit of assets like the FlexShares Morningstar U.S. Market Factor Tilt Index Fund (NYSEArca: TILT). TILT isn’t a dedicated value fund, but its exposure to stocks with that designation is enough to power the ETF to a 12% year-to-date gain. There could be more upside to come for TILT because multiple points augur well for the still nascent value resurgence. “In our view, this recent widening in multiples has several implications. First, diverging valuation multiples between cheap and expensive stocks are inconsistent with the concern that the value premium may have been arbitraged away as a result of it being so well known and due to substantial funds being invested in value strategies,” according to Robeco research. “Were this the case, it would be reflected in a narrowing valuation spread over time instead of the widening trend we have witnessed. Therefore, it is highly unlikely that arbitrage activity was the driver of the recent underperformance of value strategies.”