FactorBeta

Disciplined long-term investors should keep in mind that market drawdowns are a common occurrence in any given year. Examining foreign stock returns for developed markets over the last 20 years, on average, the MSCI EAFE Index experienced an average calendar year drawdown of … [Read more...] about MSCI EAFE Index Calendar Returns & Drawdown

The 2021 return for the MSCI Emerging Markets Index was -2.5%, which was quite disappointing, especially compared to the 28.7% return for the S&P 500. One bright spot was the performance of six countries that make up the Gulf Cooperation Council, which is a political and … [Read more...] about Middle East Stocks – One of 2021’s Emerging Markets Bright Spots

In emerging markets, small cap stocks have significantly outperformed the MSCI Emerging Markets Index by 18.3% on a year-to-date basis through November 30, 2021. Quality, high dividend, and volatility have also generated meaningful outperformance as well. The anemic … [Read more...] about Emerging Markets Factor Returns

In foreign developed markets, value stocks have been the best performing factor on a year-to-date basis through November 30, 2021. Quality and growth stocks have also outperformed the MSCI EAFE Index as well. The anemic returns for momentum and yield oriented stocks have … [Read more...] about Developed Markets Factor Returns

A robust body of literature has shown that value investing, or buying stocks that are “cheap” based on a variety of valuation metrics, outperform growth stocks over longer-time periods. However, growth stocks have now outperformed value stocks for a protracted period in both the … [Read more...] about Foreign Value Stocks – An Oasis or a Mirage?