Six Smart-Beta ETFs to Consider for Yield
September 22, 2016 at 14:00 PM EDT
Smart-beta exchange-traded funds (ETFs) have become increasingly popular over the past few years. Like passively managed funds, smart-beta ETFs invest in indexes with a focus on low costs, but they also take a slightly more active approach than passively managed funds by using criteria other than market-capitalization weights to determine portfolio allocations. The idea is to provide the benefits of actively managed funds without the high costs.