by Nicolas Rabener | May 5, 2025 | Uncategorized
Smart Beta ETF vs Customized Factor Portfolios Reducing the risk of conflicting factor exposures May 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Smart beta ETFs have multiple factor exposures Combining these in a portfolio leads to factor...
by Nicolas Rabener | Apr 14, 2025 | Uncategorized
Factor Exposure Analysis 114: Factor Offsetting Better to bet on fewer rather than many factors April 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Many factors feature structural negative correlations to others Combining smart beta strategies often...
by Nicolas Rabener | Mar 24, 2025 | Uncategorized
Factor Exposure Analysis 113: Profitability vs Leverage Factors What quality and growth factors should investors be using in a factor exposure analysis? March 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Funds’ factor betas change when using...
by Nicolas Rabener | Mar 16, 2025 | Uncategorized
Factor Exposure Analysis 112: Quality vs Growth Factors What equity factors should be used in a factor exposure analysis? March 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY The number of independent factors in a factor exposure analysis is...
by Abhik Roy | Mar 9, 2025 | Uncategorized
Factor Exposure Analysis 111: What is Alpha? Comparing different alpha calculation methodologies March 2025. Reading Time: 10 Minutes. Author: Abhik Roy, CFA. SUMMARY Jensen’s alpha methodology is popular, but has several drawbacks There is no perfect methodology, but...
