ETF News & Research

Do Fixed Income ETFs Really Behave Like Bonds?

CREATING AN INCOME BAR-BELL ETFs have democratized access to fixed income, but at the same time they also lost the two most important covenants of bonds: that it will have a maturity date and a consistent coupon/yield. Even worse, these products, as evidenced by the November 2016 performance, are still subject to duration risk. A …

ETF Assets Keep Shattering Records

A milestone – whether a birth, marriage, or promotion – tends to prompt examination and reflection. When, for the first time, total global ETF assets topped $4 trillion in April1, that lofty threshold led us to revisit something we take as gospel: ETFs’ transparency. Sure, an ETF’s holdings are visible – so visible that they often …

Doing Good and Making Money Can Be Linked

ETF Prism Report Environmental, Social and Governance Investing (ESG) can be a good reason to evaluate an investment and we think the world is going in this direction.  It isn’t a new concept, many ETFs have governance screens to protect portfolios or accounting screens to avoid problematic companies.  Today we are discussing how to get …

Regulations That Will Soon Impact ETFs

Your Fiduciary Role Will Be Taken Seriously   There are three key pieces of regulations out there that our research team is monitoring right now: The SEC liquidity rule, the SEC derivatives rule and the DOL fiduciary rule. Many advisors don’t think this last one, the fiduciary rule will impact their business. In our opinion, …

ETFs that go up when markets go down 

The current market uncertainty and anxiety by investors is being fed by the elections, the interest rate and the knowledge that the Federal Reserve will not keep helping the economy for now. So what can we do with this uncertainty? Let’s talk about ETFs that can protect you on the downside. PREMISE 2016 has been …

ETF Prism Report: The Smart Cost of Smart Beta

 What is Smart Beta? Any ETF that follows a non- traditional market cap index in an effort to produce superior risk adjusted returns. Smart Cost of Smart Beta At Toroso We have developed a proprietary software to evaluate the cost of Smart Beta in a fast, efficient way. It is a Four Step Process that …

KNOW Characteristics: Finding the Right Factors

In this paper we will explore the evolution of smart beta investing through the advent of academic factor investing and examine how the characteristics sought by the SBRQAM Index can potentially overweight and/or rotate through the most common factors contributing to competitive performance. The Sabrient Multi-cap Inside/Analyst Quant-Weighted Index (SBRQAM), is an index that investors …

ETF Prism Report: how much are you really paying for that ETF?

ETFs are known for having three major advantages over mutual funds: transparency, liquidity and low cost. But do you really know how much you are paying for ETFs? The expense ratio is just the beginning. See our CIO explain his 5 step process to uncovering the real cost of ETFs. Learn how the Expense Ratio …

6 Best ETF Picks For Q4 And Beyond: Seizing Global Growth

 Source: Investors.com Bid the lovely summer calm adieu. Most ETF investors watched their portfolios coast along for roughly two months until the financial markets sank and volatility spiked, all over again. Stocks, bonds and even traditional safe havens came under selling pressure from an enigmatic Fed in recent trading sessions. As the Federal Reserve kept the market guessing about its next move on interest rates, …

ETF Prism Report: Moving Towards Low Volatility: Which ETFs Make the Cut?

Disclaimer  This presentation has been prepared for clients and prospects of Toroso Investments, LLC (“Toroso”).  The presentation contains proprietary information and viewpoints that are of independent, economic value to Toroso. Any modification of this information could cause Toroso competitive harm and/or regulatory  violations. By accepting and viewing this presentation, you agree to not modify any of …

Chipotle could try menu innovation: Pro

Discussing a new study by University of South Carolina showing fast casual restaurants may not be the healthier food option that many think, with Will Slabaugh, Stephens restaurant analyst, and Mike Cronan, Bite ETF President.

Portfolio X-Ray: Toroso’s Neutral Allocation Strategy

There is no single recipe to building an ETF portfolio. But understanding how a portfolio is built is key to picking the right one. And choices certainly abound, with hundreds of ETF strategist portfolios commanding nearly $100 billion in combined assets today. For that reason, we are setting out to better understand how ETF strategists …

Are You Ready for This “BR-OLATILITY”?

So Brexit happened, or is happening, or will happen effectively very soon. This is what the US equity markets are waking up to, and despite the massive flow of information, no one really knows what the effects will be of what is happening. Markets respond negatively to surprises and lack of clarity with huge spikes …

The Antidote for Volatile Times: Disciplined & Rigorous Security Selection

Now and Then… With over one third of 2016 behind us, the markets have offered little to be excited about in terms of returns. We have seen some massive drawdowns in the US and Developed markets and some equally strong recoveries. In previous commentaries, we have proposed that the US equity market is fundamentally overvalued …

Mike Venuto describes how ETFs democratize leverage

When advisors want to reduce clients’ portfolio risk, selling short involves setting up a margin account. “Traditional leverage can be very expensive,” said Michael Venuto, co-founder and chief investment officer at Toroso Investments in New York. “Inverse ETFs democratize some hedging strategies, so they’re not only for the ‘big boys.’” An inverse ETF moves in …