|Bid||32.96 x 1400|
|Ask||33.16 x 4000|
|Day's Range||33.12 - 33.12|
|52 Week Range||27.96 - 40.40|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.05|
|Expense Ratio (net)||0.30%|
Small-cap ETFs have been underperforming their larger cousins consistently this year due to margin pressure. So, be selective with these five top-ranked quality picks.
With the markets heading toward the later stages of a typical economic cycle, exchange traded fund investors should look to strategies that are better suited for the current environment.
As the ETF universe matures, a number of smart beta or factor based ETFs have hit the market, and the strategies are quickly garnering many investors' attention. "It is an evolution, and it is an education process that goes along with that," Luke Oliver, Managing Director and Head of Capital Markets for DWS, said at the 2018 Morningstar Investment Conference. Like any other investment strategy, smart beta ETFs come with their own quirks that investors should fully understand to better utilize the investment products in an efficient manner.
Investors looking for factor-based small-cap investments have options to consider, including the Xtrackers Russell 2000 Comprehensive Factor ETF (DESC) . DESC tracks the Russell 2000 Comprehensive Factor Index. At a time of strength for small-caps, DESC is delivering with a year-to-date gain north of 8%.
Many investors have turned to passive index-based investments to growth their wealth, but a new breed of smart beta index-based ETFs may also help investors achieve targeted outcomes. “Passive investing ...