‘PSC’: Hot Start for ETFs More Than Just a January Effect
January 11, 2021 at 09:59 AM EST
The momentum accrued by small caps to end 2020 is carrying over to 2021, as highlighted by Principal’s U.S. Small-Cap Multi-Factor Index ETF (NASDAQ: PSC) 5.40% gain to kick off the new year. PSC’s underlying benchmark, the Nasdaq US Small Cap Select Leaders Index, “uses a quantitative model...