Category Archives: USMV

Momentum Still Dominates For US Equity Factor Performances

Posted on in $SPY, Finance News, IJJ, IJR, IJS, IVE, MTUM, QUAL, USMV, VYM | 0 comments

As horse races go, this one’s not even close. The momentum factor continues to leave the rest of the field in the dust for the major US equity factor strategies, based on the one-year trend via a set of ETFs. Although all the factor funds are posting solid gains through yesterday’s close (Nov. 8), the […]

Momentum Continues To Lead US Equity Factor Strategies

Posted on in $SPY, Finance News, IJJ, IJS, IVE, MTUM, QUAL, USMV, VYM | 0 comments

A bull market prevails across all the major US factor strategies led by momentum, based on one-year returns via a set of proxy ETFs. The iShares Edge MSCI USA Momentum Factor (MTUM) ticked up to a record high at yesterday’s close (Oct. 10). The upside bias for the fund has been unusually strong recently. The […]

Testing Equity Factor Allocation Strategies With Random Portfolios

Posted on in $SPY, Finance News, IJJ, IJS, IVE, MTUM, QUAL, RSP, USMV, VYM | 0 comments

Designing and managing asset allocation strategies based on factors is promoted in some corners as a better way to build portfolios. Not surprisingly, there’s no shortage of studies that support this view. But the jury’s still out on whether it’s prudent to throw out the standard asset-class buckets. Factor-based investing can play a productive role […]

Low-Volatility Stocks Are Having A Rough Summer

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Stocks that exhibit low volatility are prized as a risk factor that’s expected to beat the broad market over time with a smoother rise, according to academic research and countless backtests. Real-world returns, however, reflect mixed results in recent years, based on representative ETFs. Meanwhile, some analysts have been warning in recent months that low-vol […]

Tracking The Smart Beta Horse Race With ETFs

Posted on in $SPY, Finance News, IJR, IJS, QUAL, USMV | 0 comments

How’s that factor strategy been working for ’ya lately? That’s a topical question for a growing number of investors as “smart beta” products play a bigger role in portfolio design. You may not be drinking the factor Kool-Aid, but it’s still worthwhile to check in on these risk premia periodically for some context on what’s […]

Tracking The Smart Beta Horse Race With ETFs

Posted on in $SPY, Finance News, IJR, IJS, QUAL, USMV | 0 comments

How’s that factor strategy been working for ’ya lately? That’s a topical question for a growing number of investors as “smart beta” products play a bigger role in portfolio design. You may not be drinking the factor Kool-Aid, but it’s still worthwhile to check in on these risk premia periodically for some context on what’s […]

Tracking The Smart Beta Horse Race With ETFs

Posted on in $SPY, Finance News, IJR, IJS, QUAL, USMV | 0 comments

How’s that factor strategy been working for ’ya lately? That’s a topical question for a growing number of investors as “smart beta” products play a bigger role in portfolio design. You may not be drinking the factor Kool-Aid, but it’s still worthwhile to check in on these risk premia periodically for some context on what’s […]

Tracking The Smart Beta Horse Race With ETFs

Posted on in $SPY, Finance News, IJR, IJS, QUAL, USMV | 0 comments

How’s that factor strategy been working for ’ya lately? That’s a topical question for a growing number of investors as “smart beta” products play a bigger role in portfolio design. You may not be drinking the factor Kool-Aid, but it’s still worthwhile to check in on these risk premia periodically for some context on what’s […]

Tracking The Smart Beta Horse Race With ETFs

Posted on in $SPY, Finance News, IJR, IJS, QUAL, USMV | 0 comments

How’s that factor strategy been working for ’ya lately? That’s a topical question for a growing number of investors as “smart beta” products play a bigger role in portfolio design. You may not be drinking the factor Kool-Aid, but it’s still worthwhile to check in on these risk premia periodically for some context on what’s […]

Smart Beta Asset Allocation: A Preliminary Test

Posted on in $SPY, Finance News, IJJ, IJS, IVE, MTUM, QUAL, RSP, USMV, VYM | 0 comments

In theory, there’s a strong case for building portfolios based on risk factors. In practice, the jury’s out. The transition from academic research to real-world portfolios, as usual, is a rocky affair. The results you achieve will depend on the factors you hold (and don’t hold), the funds you select to represent the factors, the […]