FYI: As the nonmarket-cap-weighted ETF universe continues to expand, investors have an increasingly large array of choices to consider, depending whether they think we’re in a risk-on or a risk-off environment.
Yet even in similar-sounding portfolios, the devil remains in the details—making it important for investors to understand what’s inside.
Regards,
Ted
http://www.etf.com/sections/blog/smart-beta-etfs-tackle-risk-onrisk