Said another way, momentum can be style one year while low volatility shines the next year. That was the case in 2013 and 2014 when momentum went from best to worst among the four factors while low volatility went from worst to first. http://www.etftrends.com/2015/04/low-volitility-etfs-can-still-see-swings-in-short-timeframes/
The Global X Scientific Beta Asia ex-Japan ETF (NYSEArca: SCIX) tracks the Scientific Beta Developed Asia-Pacific ex-Japan Multi-Beta Multi-Strategy Equal Risk Contribution Index. Though SCIX excludes Japan, its country allocations are conservative. The new ETF only features Hong Kong, Australia, South Korea,Singapore and New Zealand in its country lineup.
The Global X Scientific Beta Japan ETF (NYSEArca: SCIJ) is Global X’s dedicated Japan offering. SCIJ follows the Scientific Beta Japan Multi-Beta Multi-Strategy Equal Risk Contribution Index, the Japan equivalent of the index tracked by SCIU, the scientific beta U.S. ETF.
SCIJ is levered to Japanese exporters with a combined weight of 40% to the industrial, consumer discretionary and technology sectors. All three of Global X’s international scientific beta ETFs charge 0.38% per year.
SCIU Top Holdings and Sector Weights
Charts Courtesy: Global X