Some differences show up in the emerging market portfolios, though: WisdomTree Emerging Markets High-Yield Equity Fund (DEM) and the PowerShares FTSE RAFI Emerging Markets (PXH) are up 7.7% year-to-date and down 0.5% year-to-date, respectively.
Just as there’s a divide over fundamental and traditional indexing, now there’s intra-strategy arguing.
Why not just leave it for investors to decide? Some of them may want an ETF based on a dividend-weighted index, while others may feel that the P/E ratio is more important. There’s nothing wrong with having both options available.