U.S. Factor AIM Portfolio | ETF Action

Model Portfolios

Overview

Stats:
Funds:	6
Acquired Fees:	0.24%
TTM Yield:	1.31%
Benchmark:	SPY

Links:
Methodology
Positioning Guide
Launch in Terminal

Inception Date: June 22, 2020

Investment Objective

The ETF Action U.S. Factor Active Index Model (AIM) Portfolio's primary objective is to outperform the broad U.S. Market as measured by the S&P 500 Index. To accomplish this objective the investment committee utilizes an actively managed process that is governed and implemented using a transparent and repeatable framework.

Key Facts

Selection universe limited to broad U.S. factor ETFs covering value, momentum, growth, quality and low volatility as defined by the ETF Action classification system
Over/under weight positions driven by transparent, multi-faceted, and repeatable ratings process
Fully invested (no cash), does not use leverage or inverse funds

Philosophy

Returns across factor exposures can diverge widely based on a number of sub-factors including sector exposure, business cycle, macroeconomic environment, fundamentals, valuations, and sentiment. For example, companies with quality characteristics (ie: solid balance sheets, consistent earnings, low leverage) may outperform the broader market during an economic slowdown. Similarly, companies that have strong positive sentiment and price momentum may outperform at other times.

Following a disciplined process outlined in the methodology guide, ETF Action has created a proprietary process to track and identify factors that we believe have an outsized chance to outperform over various time frames.

All ETF Action Model Portfolios are made available to subscribers for informational purposes only and do not represent actual investments. Full terms of service, including terms of use, copyrights, and disclaimers are available here.

Performance

Performance (as of )

INDEX PERFORMANCE CALCULATED BY indxx. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE PERFORMANCE. INVESTORS CANNOT INVEST DIRECTLY IN AN INDEX, THE PERFORMANCE OF AN INDEX DOES NOT REPRESENT ANY ACTUAL TRANSACTIONS AND ITS PERFORMANCE DOES NOT REFLECT THE DEDUCTION OF ANY FEES OR EXPENSES ASSOCIATED WITH ACTUAL INVESTING.

*Since Common Inception Date

Composition

Model Insights

U.S. Factor Playbook

10.12.2021

An overview of the U.S. Factor ETF landscape - Performance, Flows, Valuations, Earnings, & Technicals.

Value ETFs continue to outpace all other U.S. Factor strategies on average across the 1-month, 3-month, year-to-date, and 1-year periods. Meanwhile Momentum/ Growth ETFs have continued to lag other strategies
Dividend ETFs, which have gathered nearly $34 billion in net inflows over the past year, saw $269 million in net outflows in the last week. Dividend ETFs still represent 62% of all U.S. Factor ETFs on an assets under management basis
Over the past week, the iShares MSCI USA Value Factor ETF(VLUE) gathered $167 million in net inflows. VLUE is up 19.52% YTD
The Invesco S&P Smallcap 600 Pure Value ETF (RZV) has been the top performer over the past month, climbing over 7%. RZV is up an impressive 47.05% YTD, but only seen $45 million in net inflows in the period

U.S. Factor Playbook

10.5.2021

An overview of the U.S. Factor ETF landscape - Performance, Flows, Valuations, Earnings, & Technicals.

Value ETFs have outperformed all other U.S. Factor strategies on average across the 1-month, 3-month, year-to-date, and 1-year periods
The Schwab US Dividend Equity ETF (SCHD) gathered $576 million of net inflows over the past week while the iShares MSCI USA Momentum Factor ETF (MTUM) saw $527 million in net inflows over the past week
The Cabot Growth ETF (CBTG) has been the worst performing U.S. Factor ETF over the past month falling over 10%
S&P 500 Low Volatility (SPLV) is well below its 50-day moving average and is rapidly approaching its 200-day moving average

U.S. Factor Playbook

9.28.2021

An overview of the U.S. Factor ETF landscape - Performance, Flows, Valuations, Earnings, & Technicals.

Value ETFs saw nearly $600 million in net outflows over the past week despite leading other U.S. Factor strategies year-to-date (+27.04%)
The Volshares Large Cap ETF (VSL) has been the worst performer over the past month sinking nearly 5%
Quality ETFs are closing in on the S&P 500 (SPY) in relative trailing-twelve month performance while Low Volatility ETFs have extended their underperformance

U.S. Factor Playbook

9.14.2021

An overview of the U.S. Factor ETF landscape - Performance, Flows, Valuations, Earnings, & Technicals.

Despite declining 1.71% thus far in September, Value ETFs are up nearly 25% year-to-date and have, on average, outperformed other U.S. Factor Strategies in the period
Quality ETFs saw $626 million in net outflows over the past week as other U.S. Factor Strategies saw relatively muted net flows
The Innovator IBD 50 ETF (FFTY) was the top performer over the past month, returning 5.60%
Low Volatility (SPLV) continues to trail SPY over the trailing 12-month period while Value (SPVU) and Dividend (SPYD) have notably outperformed

U.S. Factor Playbook

9.8.2021

An overview of the U.S. Factor ETF landscape - Performance, Flows, Valuations, Earnings, & Technicals.

Momentum/ Growth ETFs increased by nearly 2% over the past month while Low Volatility ETFs gained 1.1%
Dividend ETFs have seen nearly $7 billion in net inflows over the past 3 months and over $32 billion in net inflows over the past year
The Innovator IBD 50 ETF (FFTY) was the top performing U.S. Factor ETF over the past month, surging 9.51%

U.S. Factor Playbook

8.24.2021

An overview of the U.S. Factor ETF landscape - Performance, Flows, Valuations, Earnings, & Technicals.

Value ETFs have led performance of U.S. Factor Strategies over the past month as well as the YTD and 1-year periods
Dividend ETF and Quality ETFs both gathered nearly $500 million in net inflows over the past week while Size ETFs saw $558 million in net outflows in the period
The SPDR Dow Jones Industrial Average ETF Trust (DIA) saw $770 million in net outflows in the last week
The iShares Focused Value Factor ETF (FOVL) has led performance over the past month, climbing 4.95%

U.S. Factor Playbook

8.24.2021

An overview of the U.S. Factor ETF landscape - Performance, Flows, Valuations, Earnings, & Technicals.

Value ETFs have led performance of U.S. Factor Strategies over the past month as well as the YTD and 1-year periods
Dividend ETF and Quality ETFs both gathered nearly $500 million in net inflows over the past week while Size ETFs saw $558 million in net outflows in the period
The SPDR Dow Jones Industrial Average ETF Trust (DIA) saw $770 million in net outflows in the last week
The iShares Focused Value Factor ETF (FOVL) has led performance over the past month, climbing 4.95%

U.S. Factor Playbook

8.17.2021

An overview of the U.S. Factor ETF landscape - Performance, Flows, Valuations, Earnings, & Technicals.

On average, all U.S. Factor Strategies are positive over the past month with Value ETFs leading the charge (+4.69%)
The Invesco S&P 500 Equal Weight ETF (RSP) has seen the most net inflows over the past week, gathering $433 million
The First Trust Dorsey Wright Momentum & Value ETF (DVLU) has been the top performing U.S. Factor ETF over the past month, climbing 8.37%. DVLU is up 37.59% year-to-date

U.S. Factor Playbook

8.10.2021

An overview of the U.S. Factor ETF landscape - Performance, Flows, Valuations, Earnings, & Technicals.

Value ETFs lagged for the second consecutive month in July 2021 while Quality ETFs and Low Volatility ETFs both rose over 2% in the month
Over the past week, the Invesco S&P 500 Pure Growth ETF (RPG) saw $177 million in net inflows while the Invesco S&P 500 Pure Value ETF (RPV) saw $125 million in net outflows
The ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) has climbed 7.25% in the last month and has been the best performing U.S. Factor ETF in the period

U.S. Factor Playbook

8.3.2021

An overview of the U.S. Factor ETF landscape - Performance, Flows, Valuations, Earnings, & Technicals.

Dividend ETFs saw $230 million in net inflows over the past week, bringing the 1-year net inflows to a whopping $28 billion
The iShares MSCI USA Momentum Factor ETF (MTUM) had $570 million in net outflows in the past week
Momentum/ Growth Strategies have posted quite a wide range of performances over the past month
The Invesco S&P 500 Pure Growth ETF (RPG) has been the top performing U.S. Factor ETF, gaining 4.23% in the period, while the Cabot Growth ETF (CBTG) has been the worst performer, down 6.58%