FYI: U.S. small-cap ETFs have been staging a good run in recent weeks, but that performance has been experienced differently depending on the fund.
One case in point is the performance of equal-weighted small-cap ETFs versus traditional market-cap funds.
As a flavor of smart beta, equal weighting is often associated with a portfolio tilt toward smaller, more value names within an equity segment. These ETFs may diverge from the plain-vanilla take on the market, but they can deliver both outperformance and underperformance in any given period of time.
Regards,
Ted
http://www.etf.com/sections/features-and-news/buckle-small-cap-etf-ride?nopaging=1
