High-beta ETFs seek to capitalize on consistent growth with market-beating returns.

Value stocks, which have strong fundamentals - earnings, dividends, book value and cash flow - and trade below their intrinsic value, have been benefiting from the growth in the economy.

Rates have been rising fast in the United States over the past few weeks on growing risk appetite and reflationary optimism.

Style Box ETF report for RFV

Value stocks seek to capitalize on the inefficiencies in the market and have the potential to deliver higher returns with lower volatility compared with their growth and blend counterparts.

The S&P 500 has been hitting a series of record highs and rebounded about 83% from its bottom reached in March last year, representing the best start to the new bull market on record, per LPL data.

While every corner of the market is enjoying this ascent, high-beta ETFs and stocks seem a perfect bet at present.

The S&P 500, the Dow Jones, the Nasdaq Composite and the Russell 2000 put up a great show last week, with the Russell 2000 -- the small-cap index -- clocking the best performance.

The month of November has been upbeat for Wall Street due to vaccine hopes and chances of a divided Congress in the United States.

The momentum was driven by a vaccine development, which is being viewed as "a beginning to the end" of the coronavirus pandemic, and the prospect of divided congress, which is considered favorable for...