Best Blogs of the Week #272
on Jul 25, 2017
Solely one blog post to include this week to discuss the impact of market-weighted and factor-based ETFs
Invesco – Are smart beta ETFs skewing stock valuations? – Despite the growth of smart beta, market-cap-weighted strategies still account for the vast majority of ETF ownership. Those ETFs do not have the rules-based mechanisms cited by critics as contributing to herding behavior.