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AUSF - AUSF: Three-Factor Strategy With Uninspiring Performance
Global X Funds Adaptive U.S. Factor
2024-06-23 00:44:43 ET
Summary
AUSF tracks an index that is designed to rotate in and out of three factors, namely value, momentum, and low volatility.
In the current version, AUSF has a high earnings yield, with most holdings demonstrating soft growth characteristics and low beta. There is an adequate dosage of quality.
Due to spotty past performance and the factor mix that I believe looks weak for the current environment, AUSF does not deserve a rating upgrade today.