FVAL tracks the Fidelity U.S. Value Factor Index, focusing on undervalued large-cap and mid-cap stocks in the U.S. While FVAL has shown decent performance, its high concentration risk and expense ...

Total stock market index portfolios are a good starting point for retirement investors because of their low cost, broad diversification, tax efficiency and transparency. However, they provide ...

IWN offers diversified small-cap value exposure with attractive valuations, but faces heightened risk due to current macroeconomic headwinds and market psychology. Despite defensive value positioning, ...

The investment premium historically offered by market factors such as quality, value, momentum, size, and minimum volatility, has attracted many investors who are seeking to diversify their ...

Betting on different parts of the market is tricky business. That’s one takeaway from a “Periodic Table” of calendar-year returns for Morningstar Factor Indexes.* In any given year, a different group ...

Factor investing is one of the most popular investment strategies among institutional and retail investors alike. It involves selecting and managing securities based on specific factors or ...

Factor investing targets securities with traits historically linked to superior risk-adjusted returns. Diversification within asset classes, based on factors like size or momentum, curtails portfolio ...

In finance, certain research papers leave an important mark, changing the course of investment theories and practices. For example, consider the 1952 introduction of Modern Portfolio Theory, ...

The size effect, or the negative relation between average stock returns and market capitalization that is not explained by market risk exposure, was first documented by Rolf Banz in his 1981 paper ...