Russell Investments has rolled out 10 Factor ETFs, designed to help investors manage risk factors within their portfolios. The funds, listed on the NYSE Arca, include the Russell 1000 High Beta ETF, the Russell 1000 Low Beta ETF, the Russell 1000 High Volatility ETF and the Russell 1000 Low Volatility ETF.
The new ETFs, which will provide focused large cap and small cap exposure to five risk factors, high beta, low beta, high volatility, low volatility and high momentum, will also manage portfolio turnover and control exposure to other non-targeted risk factors. The new vehicles are designed to track factor indexes that were formed by Russell Indexes in partnership with Axioma.
Click here for the release from Business Wire.