Not exact matches
Yields in fixed income remain historically low, while within the equity space, existing high dividend
strategies tend to
tilt toward low growth sectors or poor
quality stocks.
These
strategies could be used to balance a portfolio or express short - term
tilts, so an appropriate benchmark for them is a traditional style index — using a growth index for momentum ETFs, a broad market index for
quality ETFs and a value index for (you guessed it) value ETFs.
It's important to note that «RAFI Size Factor» is not the same as the RAFI 1500 for small companies, but rather is a blend of four factor -
tilt strategies, each formed within the universe of small - cap stocks: small value, small momentum, small low volatility, and small
quality (a factor that combines profitability and investment metrics).