
Fernando Moret
Investment Product Manager at Vanguard in Toronto, specializing in index-based ETFs and Russell US indexes.
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Aug 25, 2026
Controlling exposure through Russell US indexes' modularity
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5:31Lakshmi ThoreHOST
And for investors who want to position their portfolios in an ever-changing marketplace, how should they think about focusing in on growth or values in terms of Russell ETFs to help express those views?

Fernando MoretGUEST
Yeah, when thinking about growth and value exposures using, in this case, Russell Indices, it's really about bringing a bit more control into the portfolio.

Fernando MoretGUEST
I would say the starting point is the methodology, and Russell uses a transparent rule-based framework to define growth and value so investors have a clear and consistent understanding of what they own.

Fernando MoretGUEST
Growth and value, as we know, tend to perform differently across market environments.

Fernando MoretGUEST
So investors can kill to world value if they want a more valuation sensitive exposure or to world growth if they are looking for companies with a stronger earnings potential, for example.

Fernando MoretGUEST
Over time, we know that market performance can shift a portfolio's style exposure unintentionally.

Fernando MoretGUEST
For example, strong growth performance can increase the allocation beyond what was originally intended.
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6:52Lakshmi ThoreHOST
What about when investors want to think about market cap? How should they think about the Russell 2000 and its ability to diversify their portfolio?