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Our ETF Hits And Misses Of 2014

FYI: (Click On Article Title At Top Of Google Search)
An assessment of this column’s picks in 2014 shows that its authors were rightly skeptical about straying from passive index exchange-traded funds in favor of active management, which again struggled in a year of steady stock-market gains. And while the temptation to buy complex ETFs is as intense as ever in the nearly $2 trillion industry, this column proved prescient in pointing out substitutes for trendy (and expensive) alternative indexes, such as an equal-weighted S&P 500. It missed the mark, however, by flagging a buying opportunity in beaten-down business-development companies, and in prematurely calling a top in the “low-volatility” trend, which outpaced the broader market.
Regards,
Ted
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