Although financials are the largest sector weight at just over 15%, five other sectors – health care, technology, staples, discretionary and industrials – receive double-digit allocations.
In the upcoming Multi-Factor Index Investing webcast, Scott Conlon, portfolio strategist for State Street Global Advisors, David Mazza, Head of ETF Investment Strategy at SSgA, and Dimitris Melas, managing Director and Global Head of New Product Research at MSCI, will provide an overview on smart-beta, or advanced-beta, index ETF investments that utilize multiple factors to select component stocks.
QWLD Sector Weights
Chart Courtesy: State Street
Tom Lydon’s clients own shares of Apple and Microsoft.
Financial advisors who are interested in learning more about multi-factor index investments can register for the Thursday, June 12 webcast here.