Anna Cieslak and Pavol Povala—authors of the paper “Expected Returns in Treasury Bonds,” which was published in the September 2015 issue of The Review of Financial Studies—examined the time variation ...

The IMFL ETF dynamically adjusts its factor weightings depending on the economic cycle. With poor economic prospects, the fund is currently defensively positioned with a focus on High Quality and Low ...

Arnav Sheth and Tee Lim contribute to the literature on the performance of factor-based investment strategies through their December 2017 study, “Fama-French Factors and Business Cycles.” In it, they ...

Commodity markets have always been cyclical, but their rhythm is changing. According to McKinsey’s latest analysis, the traditional long commodity supercycle is giving way to a shorter, more frequent ...

A version of this article originally appeared in the October issue of ETFInvestor. It is hard to successfully time any investment. Adjusting a portfolio based on expectations about the future can ...