From Nasdaq: 2024-05-02 06:20:05

The SPDR MSCI USA StrategicFactors ETF (QUS) is a smart beta exchange traded fund that debuted on 04/15/2015, offering exposure to the Style Box – Large Cap Blend category. Smart beta ETFs differ from market cap weighted indexes by using different strategies to track stocks with better risk-return performance based on specific characteristics.

Investors who believe in market efficiency may prefer market cap indexes, while those seeking to beat the market opt for smart beta ETFs that track non-cap weighted strategies. QUS, sponsored by State Street Global Advisors, seeks to match the performance of the MSCI USA Factor Mix A-Series Index, which focuses on value, quality, and low volatility factors.

With an expense ratio of 0.15% and a 1.49% dividend yield, QUS has gained 5.34% year-to-date and 19.49% in the last year. Its sector exposure includes Information Technology, Healthcare, and Financials, with top holdings like Microsoft Corp, Nvidia Corp, and Meta Platforms Inc Class A.

The ETF has a beta of 0.91 and a standard deviation of 15.29%, making it a medium-risk choice with approximately 609 holdings to diversify company-specific risk. Investors seeking alternatives in the Large Cap Blend segment can consider iShares Core S&P 500 ETF (IVV) and SPDR S&P 500 ETF (SPY) for cheaper and lower-risk options.

For more information on QUS and other ETFs, visit the Zacks ETF Center for analysis, recommendations, and the latest developments. Subscribers can receive weekly updates on top news and ETF performance with Zacks’ Fund Newsletter for free.



Read more at Nasdaq: Is SPDR MSCI USA StrategicFactors ETF (QUS) a Strong ETF Right Now?