Case Study of a Ten-Year Actively Managed ETF

Cambria Advisors recently sent out a mailing that was somewhat self-congratulatory noting the 10-year anniversary of the launch of its first ETF.  As we will explore shortly, I contend that the congratulations are well-deserved from a number of perspectives.  The email missive piqued my interest for a specific reason.  The main comparisons made in the … Read more

How Have Expert Stock Selection ETFs Performed in this Decade Thus Far?

Throughout my career, I’ve heard professional investors assert that index funds are fine for bull markets but in volatile-to-down markets, active management will outperform.  SPIVA (S&P vs. Global) published research available from S&P Global has demonstrated that this was not true for actively managed mutual funds for 2022, and less true for the 2020-2022 period.  … Read more