|Day's Range||102.81 - 102.98|
|52 Week Range||85.56 - 105.36|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.39%|
Smart beta exchange traded funds continue proliferating and playing pivotal roles in the staggering growth of the broader ETF space. Institutional investors have been gravitating toward ETFs that focus ...
Todd Rosenbluth is director of ETF and mutual fund research at CFRA. Asset managers have been advocating the usage of index-based products focused on minimum volatility, quality, momentum and other factors in recent years, suggesting that these were better ingredients for portfolio construction. In recent months, some of them have taken the logical next step and put these smart-beta products to use in their own kitchens.
This article is part of a regular series of thought leadership pieces from some of the more influential ETF strategists in the money management industry. Today's article is by Ben Lavine, chief investment officer of 3D Asset Management based in East Hartford, Connecticut