Quite simply:
A Z-momentum score is assigned to all securities in the MSCI World,
based on the price performance of the last 12 and 6 months.
The 25% of stocks with the highest Z-momentum score are then included in the index.
Every 6 months (May / November), the index is then reviewed again and rebalanced if necessary.
A Z-momentum score is assigned to all securities in the MSCI World,
based on the price performance of the last 12 and 6 months.
The 25% of stocks with the highest Z-momentum score are then included in the index.
Every 6 months (May / November), the index is then reviewed again and rebalanced if necessary.
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8Mo
@PowerWordChill Thanks for the explanation! Would you say it makes sense to swap it with my $IWDA?
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@jxn1k NO, these factor ETFs are intended as a supplement. You buy them in addition to get a "factor tilt".
I myself have built a multi-factor portfolio like this, which also includes $XDEM:
https://getqu.in/ywvBx7/
😘
I myself have built a multi-factor portfolio like this, which also includes $XDEM:
https://getqu.in/ywvBx7/
😘
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