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UIVM / UIVM: Japan-Heavy Value And Momentum ETF Underperforms
UIVM leverages an index-based strategy, favoring reasonably priced ex-U.S. developed-world names with momentum characteristics. The ETF offers exposure to notable overseas value/momentum stories, mostly from Japan, but its past performance suggests the strategy is not as powerful as it might seem. Despite being overall constructive on UIVM, I would still stop short of a bullish thesis.
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Posted: Jun 29 2023, 22:07
Author Name: Seeking Alpha
Views: 081077
UIVM News
By Seeking Alpha
June 29, 2023
UIVM: Japan-Heavy Value And Momentum ETF Underperforms
UIVM leverages an index-based strategy, favoring reasonably priced ex-U.S. developed-world names with momentum characteristics. The ETF offers exposur more_horizontal