It was yet another solid month for U.S. equities with major stock market gauges hitting new all-time highs. All seven of the factor tilts posted positive returns with each eclipsing 1.75% on the month. The more defensive Low Volatility and Dividend Growth strategies lagged amidst higher interest rates on the month.
In the table below, I have listed the performance of seven factor tilts and the capitalization-weighted benchmark over trailing 1, 3, and 6 months, as well as, 1, 3, 5, 10, and 20 years. Information below is from the underlying indices for these strategies.