Why the USMC Multi-Factor ETF Deserves Your Attention in 2021
Multi-factor exchange traded funds hit some rough spots earlier this year due to value exposure, but the USMC, which tries to reflect the performance of the Nasdaq US Mega Cap Select Leaders Index, is comprised of companies with the largest market capitalization taken from the Nasdaq U.S. 500 Large Cap Index and screened based on a quantitative model. The fund implements a multi-factor indexing methodology during its selection process. “Since the start of 2020, investors exposed to multi-factor equity strategies have suffered some underperformance. Investors with a long-term investment hor...
Source: etftrends.com