The Global X research team updated the Scientific Beta Factor Report for Q3 2019, analyzing the performance and characteristics of factors in the US and international markets.
Factor Investing in the US: Continued Low Volatility Boost
The third quarter exhibited positive performance across the board, and the Global X Scientific Beta US ETF (SCIU) outperformed the S&P 500 Index. Three out of four factors outperformed the S&P 500, with much of the attribution coming from the Low Volatility factor, which outpaced the S&P 500's 1.70% return during Q3 by 205 bps. Further contribution