Factor Benchmark ETFs

Investment factors have been around for decades, but ETFs targeting single and multiple factors are a much newer invention. However, that doesn’t stop index providers and investment researchers from constructing hypothetical indexes and detailing their hypothetical...

Sector Benchmark ETFs

“You cannot invest in an index” is the standard disclosure that accompanies any index returns when used as a performance benchmark. Therefore, I try to avoid the use of indexes whenever possible. To me, it makes much more sense to look at vehicles that you can invest...

What Dow 20,000 Means for ETFs

What does the Dow Jones Industrial Average hitting the 20,000 level mean for ETFs? The short answer is “nothing.” The long answer is a long-winded way of saying pretty much the same thing, but here it goes: It’s just a number, and as every index and index ETF...