…in the index.” The article concludes that the research “looks clear and persuasive” in its implication that “a lot of hedge funds and quants are wasting their time and money.”…
Search Results for: low-volatility funds
Big Tech Posted Big Year Despite Threats
…year ago, the article argues, “few would have predicted such robust results,” noting the volatility in Apple’s share price between October 2018 and January of this year and price disruptions…
Excess Returns, Episode 3: Six Common Misconceptions About Factor-Based Strategies
Factor strategies have grown exponentially in the past decade. Almost every major asset manager now offers their variation of things like value, momentum, quality, and low volatility. But to use…
Ancient Funds That Are Still Beating the Market
The oldest mutual funds in the U.S. are still performing well, according to a recent article in Barron’s. The funds—some of which survived the 1929 stock market crash—include Central Securities…
How to Figure Out Mutual Fund Dividend Yields
…insights into the dividend tendencies of a fund’s holdings. It uses the weighted average of the yields of the stocks and, if applicable, funds held in a portfolio.” The article…
Dead ETFs Cause for Celebration
…to mutual funds, “many of which have props to help them grow assets: distribution fees, spots in 401(k) plans and, most important, a big base of assets that grows with…
Markets Have Lost Their Cool, and Here’s Why
…calm can result from “swarms of investors betting against volatility” rather than from organic factors reducing volatility such as improved trade relations and/or geopolitical calm. Earlier this month, the article…
A Loser’s Game for Active Managers
…as much to own U.S. mutual funds as they did two decades ago. But with zero commissions on share dealing now common, fee reductions haven’t helped much, yet.” Avoiding “closet…
A Formula to Explain the Great Decade for Stocks
…role in explaining the gains during this cycle.” Earnings were “insanely low” at the end of 2010 because of the financial crisis, he argues, but adds, “I’m not saying valuations…
Morningstar’s Revamped Ratings Deliver Hit to Active Funds
The rating agency Morningstar has spruced up its rating system, which “hasn’t proved to be very predictive for future performance and volatility” and has “lost its luster because of the…