Scientific Beta

ETF.com: "Today Global X jumped into the world of smart beta with both feet, rolling out four multifactor ETFs covering a variety of market segments. (...) All four made their debut on the NYSE Arca exchange. (...) The funds track indexes from EDHEC’s Scientific Beta unit and target four factors: value, size, low volatility and momentum."

ETF.com 13/05/2015

"(...) Today Global X jumped into the world of smart beta with both feet, rolling out four multifactor ETFs covering a variety of market segments. (...) All four made their debut on the NYSE Arca exchange. (...) The funds track indexes from EDHEC’s Scientific Beta unit and target four factors: value, size, low volatility and momentum. Each factor is weighted according to five different weighting approaches that are then averaged for each factor. The five weighting schemes are equal weighting; maximum de-correlation; efficient minimum volatility; efficient maximum Sharpe ratio; and diversified risk-weighted. Multifactor funds are cropping up all over these days. Earlier this year, ETF Securities, rolled out two multifactor ETFs tracking Scientific Beta indexes that have a similar approach. (...)"