4 Reasons ROE Is Not A Useful Metric For Investors

4 Reasons ROE Is Not A Useful Metric For Investors…more attention to return on invested capital (ROIC) MALTAway is protection and care of your Investments Recently, we ran through the various flaws in the price to earnings ratio and explained why investors need to be paying more attention to return on invested capital (ROIC). This week, we’re tackling…

The One-Man, $1.2 Billion ETF Shop, full outsourcing in finance as well.

  The One-Man, $1.2 Billion ETF Shop, Andrew Chanin’s HACK is a rocket in an industry full of zombies. There’s little that can’t be outsourced in ETF-land. Starting an exchange-traded mutual fund is a little like launching a rocket. There are lots of different contractors and regulations. There are plenty of crashes. Andrew Chanin, the 30-year-old founder of…

‘Smart Beta’: Bridging Active Vs. Passive and managing risk via volatility

Institutional investors have used alternative weighting and factor-driven strategies since the 1970s, though no one called them “smart beta” back then. Now that the term has become mainstream, nonmarket-cap-weighted ETFs have gained steam. “Smart beta” approaches are currently the fastest-growing segment of the ETF marketplace, pulling in assets at twice the rate of the entire…

Evolution of Indexing. Are you smarter about ‘smart beta’ ETFs?

Smart beta ETFs. Alternatively-weighted ETFs. Indexing 2.0. Whatever you want to call this trend in exchange-traded funds, it’s attracting more investor dollars. Overall, Morningstar slaps its “strategic beta” label on more than 340 ETFs that together have attracted more than $310 billion in assets. The entire U.S. ETF industry consists of about 1,600 products with…