Today marks the monthly
date for the rebalancing of the two ETF Global® Smart Beta Indices:
The ETFG Quant Equity 10 and the ETFG Quant Equity 12 (The Golden
Dozen).
The ETFG Quant Equity 10 (Symbol: ETFGQE10) is comprised
of the top 10 equity ETFs as ranked by the ETF Global (Index Sponsor) Quant
model. The selection pool includes all
U.S. listed, equity ETFs, excluding levered and inverse funds. The ETFG Quant
model assigns a daily ranking to all relevant products using proprietary
algorithms and employing dozens of industry metrics to gauge how likely an
equity ETF will outperform the market in the foreseeable future. Selection is performed prior to trading on the
third Friday of each month. The
portfolio is equally weighted and reconstitutes monthly on the second trading
day following selection. Here are the
components for the next month:
The ETFG Golden Dozen (Symbol:ETFGQE12) is comprised of the top 12 equity
ETFs as ranked by the ETF Global (Index Sponsor) Quant model that also meet the
liquidity requirement. The selection
pool includes all U.S. listed, equity ETFs, excluding levered and inverse funds,
as well as, those funds with average daily trading value of less than 5M USD.
The ETFG Quant model assigns a daily ranking to all relevant products using
proprietary algorithms and employing dozens of industry metrics to gauge how
likely an equity ETF will outperform the market in the foreseeable future. Selection is performed prior to trading on the
third Friday of each month. The
portfolio is equally weighted and reconstitutes monthly on the second trading
day following selection. Here are the
components for the next month:
Tomorrow, we will look
at the portfolio characteristics of these two portfolios as well as examine
their respective performance statistics.
In the interim, for more detail, information and statistics on this
Index and other ETFG Indices, please go to ETFG Indices.
Thank you for reading ETF Global Daily perspectives.
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