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:

  • Equities continue to rebound from the October stock market sell off and causing the 100% equities strategies to outperform strategies partially allocated to bonds (i.e. the three Passive strategies listed below) so far this month.
  • Over the trailing 3 months, less cyclical strategies (i.e. Value, Low Volatility, High Dividend, and Quality) have outperformed more cyclical strategies (i.e. Sector Rotation, Momentum, and S&P 500 Equal weighted) as investors flee to less volatile/risky equities.
  • Momentum has experienced the best year-to-date performance as momentum-based equities’ substantial gain over the greater portion of the year has eclipsed its 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.

Important Disclosures:  Please remember that past performance may not be indicative of future results.  Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly from The Market Commentator℠, will be profitable, equal any corresponding indicated historical performance level(s), or be suitable for your portfolio.  Due to various factors, including changing market conditions, the content may no longer be reflective of current opinions or positions.  Moreover, you should not assume that any discussion or information contained in The Market Commentator℠ serves as the receipt of, or as a substitute for, personalized investment advice from The Milwaukee Company™.