Today we’ll take a look at the iShares Edge USA Quality Factor ETF (symbol: QUAL). Morningstar rates this fund ‘Silver’ with 4 stars. The star weighting is based on historical risk and return compared with peers. The Silver weighting is Morningstar’s fund rating based on future outlook for the fund. Fund Strategy According to the […] Read the full article…
For the year, the total return for the S&P 500 is up about 10%. We are close to record territory. Is the market overvalued? Is it time to make adjustments? To dig into these questions let’s look at a justified PE given the earnings growth model. I introduced the earnings growth model here. To answer […] Read the full article…
Larry Fink is Chairman and CEO of Blackrock, the world’s largest investment management company with over $5.4 trillion in assets including iShares ETF products. He spoke late last month at Morningstar’s Investment Conference and discussed a wide range of issues including the state of the US economy, the state of active and passive investing, and […] Read the full article…
We are underweighted in developed country international stocks vs. US stocks. There are a number of factors that have led to this underweighting. In this article I’d like to discuss the relative value of US stocks to international stocks. The focus here is on developed country stocks which excludes emerging markets. Relative Value Analysis Our focus […] Read the full article…
In part one of this series we reviewed the basic composition of the Vanguard Health Care Mutual Fund (ticker VGHAX) using Morningstar’s website. In this article, we will look at details related to the fundamentals of the fund as well as performance of the fund relative to benchmarks. Before moving on, I wanted to highlight […] Read the full article…
Morningstar is research firm that provides data and analysis on a wide range of investments including individual stocks, mutual funds and exchange traded funds. Morningstar serves retail clients as well as investment professionals. In this three part series, I want to provide investors with an educational review and critique of data available from Morningstar. My […] Read the full article…
What is an Exchange Traded Fund? An exchange traded fund (ETF) is a security that tracks an index or holds a defined basket of securities. ETFs may contain a wide variety of securities including stocks, bonds, and commodities. ETFs trade like stocks on a stock exchange. You can buy or sell an ETF any time […] Read the full article…