The Vanguard S&P Small-Cap 600 Value ETF (VIOV) was launched on September 9, 2010, and is a passively managed exchange traded fund designed to offer broad exposure to the Small Cap Value segment of the US equity market.The fund is sponsored by Vanguard. It has amassed assets over $1.50 billion, making it one of the average sized ETFs attempting to match the Small Cap Value segment of the US equity market.Why Small Cap ValueThere's a lot of potential to investing in small cap companies, but with market capit ...