by Nicolas Rabener | Dec 10, 2019 | Uncategorized
LOVM: Low Volatility-Momentum PortfoliosThe Factor Combination Creating the Least Amount of Emotional Pain? February 2020. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Low Volatility-Momentum portfolios in the US outperformed the stock market since 1989...
by Nicolas Rabener | Dec 9, 2019 | Uncategorized
How to Evaluate Smart Beta ETFs Measuring the Factor Bang for the Buck December 2019. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Smart beta ETFs can be compared via a factor score, which relates fees to the factor exposure Value-focused ETFs in the US...
by Nicolas Rabener | Oct 21, 2019 | Uncategorized
The Case Against Equity Income Funds Gaining Income While Losing Capital? October 2019. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Equity income mutual funds have underperformed the S&P 500 since 1988 Especially on a post-tax basis Investors can...
by Nicolas Rabener | Oct 1, 2019 | Uncategorized
Factor Olympics Q3 2019 And the Winner is… October 2019. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Most factors generated positive returns in Q1-3 2019 Low Volatility produced the best and Value the worst performance year-to-date The factor...
by Nicolas Rabener | Sep 23, 2019 | Uncategorized
Smart Beta vs Alpha + Beta Simplifying Equity Portfolios September 2019. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Investment portfolios can be simplified by separating alpha from beta Alpha + beta portfolios offer higher risk-adjusted returns than...
