Hill Street Studios/DigitalVision via Getty Images ONEY strategy SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) started investing operations on 12/02/2015 and tracks the Russell 1000 Yield Focused Factor Index. It has 300 holdings, a 30-day SEC yield of 3.32% and an expense ratio of 0.20%. Distributions are paid quarterly. As described by FTSE Russell, the…
Rafmaster VFMF strategy Vanguard U.S. Multifactor ETF (BATS:VFMF) is an actively managed fund launched on 02/13/2018. It has 494 holdings, a 30-day SEC yield of 1.33%, and a total expense ratio of 0.18%. Distributions are paid quarterly. As explained in the prospectus by Vanguard, The advisor uses a quantitative model to evaluate all of the…
bgsmith My dear long-term readers certainly remember that I pay special attention to multi-factor equity exchange-traded funds. Today, I would like to assess yet another such vehicle, the Global X Adaptive U.S. Factor ETF (NYSEARCA:AUSF). I initiate coverage with a Hold rating, as I am frankly unimpressed by its total returns. I believe its inability…
champpixs Increasingly, factor investing is gaining in popularity, as investors look for superior ways to pick stocks that are different from passive measures like market capitalization that end up overweighting popular stocks like the ‘Magnificent 7’. Instead, factor investing screen securities based on specific drivers of returns like value, momentum, quality, and low volatility. The…
oatawa Investment Thesis The Vanguard U.S. Multifactor ETF Shares (BATS:VFMF) is an actively managed ETF emphasizing momentum, quality, and value factors, but its performance since its February 2018 launch could be much better. As I concluded in April, an inconsequential volatility screen and poor quality metrics were to blame, and the purpose of this article…