State Street became the latest ETF firm to launch factor-based equity ETFs this week, rolling out a pair of funds that will segment the universe of large, mid, and small U.S. cap stocks based on valuation and momentum factors. The two new ETFs will segment the S&P 1500 Index, a broad-based benchmark that includes substantially all of the publicly-traded U.S. market capitalization. The new factor ETFs are highlighted below [for updates on all new ETFs, sign up for the free ETFdb newsletter]: SPDR S&P 1500 Value Tilt ETF : This ETF will apply an alternative weighting methodology to the S&P 1500 Index, seeking to give the largest weightings to stocks that exhibit cheap valuations. In determining valuation, the index will consider price-to-earnings, price-to-cash flow, price-to-sales, price-to-book value, and price-to-dividends. Components deemed to have the “cheapest” valuation will be overweighted relative to stocks with loftier valuations. SPDR S&P 1500 Momentum Tilt [...] Click here to read the original article on ETFdb.com. Related Posts: Comparing A Dividend ETF With A Dividend Weighted ETF Huntington Launches Sector Rotation ETF (HUSE) ETFs For The Touchscreen Revolution Three ETFs To Watch This Week: EWP, IYE, XLK Daily ETF Roundup: VXX Jumps On Shaky Trading, QQQ Slides On AAPL Sell-Off
State Street became the latest ETF firm to launch factor-based equity ETFs this week, rolling out a pair of funds that will segment the universe of large, mid, and small U.S. cap stocks based on valuation and momentum factors. The two new ETFs will segment the S&P 1500 Index, a broad-based benchmark that includes substantially all of the publicly-traded U.S. market capitalization. The new factor ETFs are highlighted below [for updates on all new ETFs, sign up for the free ETFdb newsletter]: SPDR S&P 1500 Value Tilt ETF : This ETF will apply an alternative weighting methodology to the S&P 1500 Index, seeking to give the largest weightings to stocks that exhibit cheap valuations. In determining valuation, the index will consider price-to-earnings, price-to-cash flow, price-to-sales, price-to-book value, and price-to-dividends. Components deemed to have the “cheapest” valuation will be overweighted relative to stocks with loftier valuations. SPDR S&P 1500 Momentum Tilt [...]
Click here to read the original article on ETFdb.com.
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