The Milwaukee Company’s Smart-Beta Performance Report is a weekly review of the performance of ten indexes that are managed using “smart-beta” asset allocation theories. This Report is for informational purposes only and should not be regarded as a substitute for independent research and personalized investment advice.
Comments on this week’s report:
- Momentum-based strategies (i.e. Sector Rotation and Momentum) have been suffering the largest losses so far this month, as well as over the trailing 3-months, as their overweight exposure to growth-orientated sectors such as technology and consumer discretionary has relinquished their previous outperformance.
- Quality, Value, and High Dividend strategies have been performing the best as investors put more money in to safer/less-volatile equities.
- Passive strategies have suffered the worst performance year-to-date as rising interest rates has caused their exposure to fixed income securities to put a drag on their performance. All other listed strategies are 100% equity.