We have updated monthly allocations and performance data for the Simple Asset Class ETF Momentum Strategy (SACEMS) and the Simple Asset Class ETF Value Strategy (SACEVS). We have also updated performance data for the Combined Value-Momentum Strategy. We have updated the Trading Calendar to incorporate data for September 2026.
Recent Investing Research
Fundamental Valuation, Momentum Investing, Strategic Allocation
Preliminary SACEMS and SACEVS Allocation Updates
The home page, Simple Asset Class ETF Momentum Strategy (SACEMS) and Simple Asset Class ETF Value Strategy (SACEVS) now show preliminary positions for October 2026. SACEMS rankings could change by the close. SACEVS allocations are unlikely to change by the close.
Commodity Futures, Currency Trading
Are Managed Futures ETFs Working?
Are managed futures, as implemented by exchange-traded funds (ETF), attractive? To investigate, we consider six managed futures ETFs, five live and one dead: WisdomTree Managed Futures Strategy (WTMF) – seeks positive total returns in rising or falling markets that are uncorrelated with broad market equity and fixed income returns via diversified combination of commodities, currencies… Keep Reading
Mutual/Hedge Funds
Are Hedge Fund ETFs Working?
Are hedge fund-oriented strategies, as implemented by exchange-traded funds (ETF), attractive? To investigate, we consider 10 ETFs, five live and five dead (in order of inception dates): NYLI Hedge Multi-Strategy Tracker ETF (QAI) – seeks investment results that track, before fees and expenses, the price and yield performance of the NYLI Hedge Multi-Strategy Index, which… Keep Reading
Equity Premium
Replicating Financial Market Research with an LLM
Can large language models (LLM) rapidly replicate findings of financial market research? In his August 2026 paper entitled “Does Empirical Finance Replicate?”, Dmitriy Muravyev tasks an autonomous LLM pipeline with reproducing the main result of 5,430 empirical papers published in the Journal of Finance, Journal of Financial Economics and Review of Financial Studies from 2000… Keep Reading
Miscellaneous
Weekly Summary of Research Findings: 9/21/26 – 9/25/26
Below is a weekly summary of our research findings for 9/21/26 through 9/25/26. These summaries give you a quick snapshot of our content the past week so that you can quickly decide what’s relevant to your investing needs. Subscribers: To receive these weekly digests via email, click here to sign up for our mailing list.
Equity Premium, Momentum Investing, Size Effect, Value Premium, Volatility Effects
Are Equity Multifactor ETFs Working?
Are equity multifactor strategies, as implemented by exchange-traded funds (ETF), attractive? To investigate, we consider eight multifactor ETFs, all currently available: iShares Edge MSCI Multifactor USA (LRGF) – holds large and mid-cap U.S. stocks with focus on quality, value, size and momentum, while maintaining a level of risk similar to that of the market. The… Keep Reading
Individual Investing, Investing Expertise
Do Sophisticated Retail Investors Trade Profitably?
Do sophisticated retail investors make money with their news-driven stock trades? In his September 2026 paper entitled “Heterogeneous Retail Investors and their Trading Behavior”, Andrew Glover employs trade size to categorize retail traders as either sophisticated, well-capitalized and experienced (Savvy) or unsophisticated (Naive) and compares their stock trading responses to the same firm disclosures. He… Keep Reading
Investing Expertise
AI Panel Most Important Market Trends
Does the evolving set of artificial intelligence (AI) platforms based on large language models have sensible views on the most important financial market trends for individual investors? As a simple exploration, we pose to each of Grok, ChatGPT, Claude, Perplexity and Gemini the following prompt eliciting key trends: Please very concisely list in descending order… Keep Reading
Equity Premium
Are Preferred Stock ETFs Working?
Are preferred stock strategies, as implemented by exchange-traded funds (ETF), attractive? To investigate, we consider seven of the largest preferred stock ETFs, all currently available, in order of longest to shortest available histories: Invesco Financial Preferred (PGF) – generally invests at least 90% of assets in preferred securities of financial institutions. iShares Preferred and Income… Keep Reading
Fundamental Valuation
Do High-dividend Stock ETFs Beat the Market?
A subscriber asked about current evidence that high-dividend stocks outperform the market. To investigate, we compare performances of 10 exchange-traded funds (ETFs) holding high-dividend stocks to that of SPDR S&P 500 (SPY) as a proxy for the U.S. stock market. The high-dividend stock ETFs, from oldest to newest, are: iShares Select Dividend ETF (DVY) Invesco Dividend… Keep Reading
Miscellaneous
Weekly Summary of Research Findings: 9/14/26 – 9/18/26
Below is a weekly summary of our research findings for 9/14/26 through 9/18/26. These summaries give you a quick snapshot of our content the past week so that you can quickly decide what’s relevant to your investing needs. Subscribers: To receive these weekly digests via email, click here to sign up for our mailing list.
Investing Expertise
AI Panel Equity Diversification Allocations
Does the evolving set of artificial intelligence (AI) platforms based on large language models generate sound equity diversification allocations? Are they monolithic, or diverse? As a simple exploration, we pose to each of Grok, ChatGPT, Claude, Perplexity and Gemini the following prompt about optimal allocations among broad equity exchange-traded funds (ETF): Considering both expected returns… Keep Reading