|Last Price$75.50||Day Change (%)0.43%|
|Open Price$75.48||Day Change ($)0.32|
|Day Range75.24–76.33||52-Week Range43.77–83.15|
As of Thu 9/3/2015 5:00:00 PM | USD
UPDATE: 'Smart beta' indexed ETFs sure attract a lot of dumb money
A look at how the Morningstar Rating for funds applies to ETFs.
Strong past performance alone doesn't justify a dedicated mid-cap fund.
What they are, where they came from, where they're going--and how to evaluate them.
Market-cap-weighted indexes can work against a contrarian value strategy.
At first blush, this fund's strategy appears complex, but it is essentially a combination of traditional factors and equal weighting.
Equal-weighting has merit, but make sure you measure with the proper benchmark.
Improved measures give investors a clearer view of ETF performance.
Using quantitative methods, enhanced-index strategies add an active component to passive investing.