Here are the technical info on the five ETF’s I have chosen. Anyone who is interested in granular detail, can make use of the links on this page. The picks are OMFL, QQQ, SCHD, SCHG and SPGP. Four are 100% computer driven, while QQQ is basically a cap-weighted index but is also filtered by some specific parameters distinct to the Nasdaq 100 index. Each have distinctive models that help you diversify your portfolio. On the Model Portfolios page I present 5 model portfolios and performance comparison charts.
OMFL – Managed by invesco and launched on November 8, 2017. It tracks the Invesco Russell 1000 Dynamic Multifactor Index created by FTSE Russell. The Index is constructed using a rules-based approach that re-weights large-cap securities of the Russell 1000 Index according to economic cycles and market conditions, reflected by expansion, slowdown, contraction or recovery. Securities are assigned a multi-factor score from one of five investment styles: value, momentum, quality, low volatility and size.
QQQ – Managed by invesco and launched on March 10th 1999. The Invesco QQQ is an exchange-traded fund based on the Nasdaq-100 Index®. The Fund will, under most circumstances, consist of all of stocks in the Index. The Index includes 100 of the largest domestic and international nonfinancial companies listed on the Nasdaq Stock Market based on market capitalization. The Fund and the Index are rebalanced quarterly and reconstituted annually.
SCHD – Managed by Schwab and launched on October 20, 2011. The fund’s goal is to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Dividend 100™ Index which was created by S&P Global. SCHD is a market-cap-weighted fund whose selection universe only includes firms with a 10-year history of paying dividends. Within that universe, SCHD uses fundamental screens (cash-flow to debt ratio, ROE, dividend yield, and dividend growth rate) to build its portfolio.
SCHG – Managed by Schwab and launched on December 11, 2009. The fund’s goal is to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index which was created by S&P Global. SCHG is a diverse ETF for large-cap growth exposure. It selects growth stocks from the 750 largest companies (by capitalization) based on six fundamental factors which include projected earnings growth as well as trailing revenue and earnings growth.
SPGP – Managed by Invesco and launched on June 16, 2011. The fund’s goal is to track as closely as possible, before fees and expenses, the total return of the S&P 500 GARP Index which was created by S&P Global. GARP stands for Growth at a Reasonable Price. The Fund will invest at least 90% of its total assets in the component securities that comprise the Index.