FYI: Although plain-vanilla index funds still dominate the exchange-traded fund landscape, alternative-weighted funds known as “smart beta” are maturing. After more than a decade of real-world performance, both investors and financial advisors have grown more familiar with how they operate and some use them as portfolio building blocks.
In a just-released ETF study by Charles Schwab, the results found that 41 percent of ETF investors currently use smart beta strategies. Moreover, during volatile markets, such as what we’ve experienced in October, more than 70 percent of investors are interested in smart beta to manage the rough waters.
Regards,
Ted
https://www.fa-mag.com/news/the-growing-appeal-of-smart-beta-etfs-41576.html?printM* Snapshot RSP:
https://www.morningstar.com/etfs/arcx/rsp/quote.html