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:
- Most strategies experienced a moderate rebound after the market sell-off, recovering some of their recent losses.
- Sector Rotation has suffered the worst trailing 3-month performance as it is highly overweight in poorly performing sectors such as technology and consumer discretionary.
- Momentum has experienced the best year-to-date performance as momentum-based equities’ substantial gain throughout the year has eclipsed the losses from the recent market sell-off.
- 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.