|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||179.91 - 180.94|
|52 Week Range||154.62 - 185.30|
|PE Ratio (TTM)||56.49|
|Expense Ratio (net)||0.10%|
I was recently asked my opinion on equal-weighted indexes relative to capitalization-weighted indexes. Specifically, I was asked whether they add alpha. As it’s a frequently asked question, and because there are lots of assets invested in equal-weighted funds, I thought I would write about the issue.
Low-volatility ETFs are in vogue. That's clear to see with just a cursory glance at the ETF.com fund flows page. Year-to-date, the iShares Edge MSCI Min Vol USA ETF (USMV | A-76) picked up $6.7 billion from investors, putting it at No. 3 on the inflows leader list, according to FactSet data.