IWD News and Press, iShares Russell 1000 Value From 10/18/22

Summary We sit down to discuss why indexing changed everything, why value is back and the fact that not all inflation is created equal. Will value stocks win for the patient investor over the coming three to five years? I'd give that very, very high odds. Central banks believe...

Summary Skewness in asset returns is a perplexing phenomenon and evokes different behavior from investors. Our theory is that skewness tends to move based on investor preferences. Investors in growth stocks may be pursuing lottery-like payouts, especially when such stocks are ...

Summary YTD, the S&P 500 is now down 24% while bonds have their own double-digit losses. Like stock valuations, currency valuations aren’t great timing tools but over a 3-year period after becoming undervalued, the outperformance is strong. Consumer defensive stocks...

Summary IGA has been performing relatively well during the challenging 2022 market. The fund's distribution appears reasonably sustainable and attractive. IGA is a potentially compelling way to diversify one's portfolio with an attractive discount. ...

Summary As the Fed walks the line between curbing inflation and averting recession, anxious investors are seeking to balance the two risks. The question now is how fast can inflation fall and where does it come to rest? We don’t see a quick retrenchment or a return to the o...

Summary The Pacer US Cash Cows ETF gives investors exposure to mid- and large-cap companies with high free cash flow yields. The companies in its portfolio currently have a 12.8% free cash flow yield. Comparing the COWZ vs. the IWD ETF, it appears COWZ is a better 'value' fund...

Summary IEFA focuses on Europe, Asia, Australia and the Far East, but with no China, which is a good start. These markets are pretty cheap right now, and an outsized allocation in the portfolio is to financials. Some of the large allocations within financials are neutered by t...

Summary Performance charts can mislead investors because sometimes they include rare one-off gains or losses early in the time series. Analyzing rolling returns lessens the importance of buying just at the right time. This article looks at six-month rolling returns for 73 U.S. ETF...

Summary The IJS tracks US value but small-cap as opposed to the IWD, which captures a similar sector distribution just starting at Berkshire Hathaway. The small cap discount factor appears pretty substantial. The IWD trades at 14x while the IJS trades at 12x. The fees on the p...

Summary Investors should heed the market corrections as a sign of the times. Things are volatile. That's why IWD is solid. A lot of financial exposure is positive for both volatile and a rate-hike environment. Otherwise, there's a lot of healthcare exposure to keep things on t...