Smart Beta ETFs: The Complete Guide
March 20, 2015 at 10:44 AM EDT
Since the dawn of indexing and funds like SPDR S&P 500 Index ETF ( SPY ) the focus has been on weighting stocks according to their total stock market value or market capitalization. That’s served investors well over the last few decades. However, as the ETF revolution has unfolded, many investors aren’t satisfied with just matching the market. They want more.