A young smart beta ETF holding international stocks punched up 5% Wednesday, bucking the trend of tepid gains across the stock market. Just over a year old, SPDR MSCI EAFE Quality Mix (QEFA) invests in large- and midcaps across 22 developed markets in Europe, Australasia and the Far East. The well-diversified, equally weighted ETF holds 503 stocks. No individual stock has more than a 3% portfolio weighting. That cuts concentration risk. QEFA
Wednesday 24 June 2015
Wednesday ETF Winners: Smart Beta ETF Beats Its Peers
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
A young smart beta ETF holding international stocks punched up 5% Wednesday, bucking the trend of tepid gains across the stock market. Just over a year old, SPDR MSCI EAFE Quality Mix (QEFA) invests in large- and midcaps across 22 developed markets in Europe, Australasia and the Far East. The well-diversified, equally weighted ETF holds 503 stocks. No individual stock has more than a 3% portfolio weighting. That cuts concentration risk. QEFA
A young smart beta ETF holding international stocks punched up 5% Wednesday, bucking the trend of tepid gains across the stock market. Just over a year old, SPDR MSCI EAFE Quality Mix (QEFA) invests in large- and midcaps across 22 developed markets in Europe, Australasia and the Far East. The well-diversified, equally weighted ETF holds 503 stocks. No individual stock has more than a 3% portfolio weighting. That cuts concentration risk. QEFA
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