The two funds are passively indexed but follow a modified indexing strategy that mimics actively managed styles. [Enhanced Indexing]
“Providing advisors and investors with unique opportunities to take advantage of sources of outperformance relative to standard cap-weighted indexes and combining the advantages of value and momentum tilt investing with the benefits of exchange traded funds, our new SPDR Tilt ETFs further illustrate the growing popularity of advanced beta investment strategies,” said James Ross, senior managing director and global head of SPDR Exchange Traded Funds, in a press release.
For more information on new ETF products, visit our new ETFs category.
Max Chen contributed to this article.