In this video I'm going to tell you why you should think carefully about owning small cap ETFs.

You probably won’t be surprised if I tell you that small-cap stocks, in general, have outperformed large-cap stocks over the long-term, even on a risk-adjusted basis, with risk measured as standard deviation. This is well-documented around the world and over time. Small caps were the first market anomaly that challenged the capital asset pricing model and resulted in today’s multi-factor models for asset pricing.

My name is Ben Felix, Associate Portfolio Manager at PWL Capital.

Referenced in this video:
Figuring Out Factor Investing - [ Ссылка ]
The Delisting Bias in CRSP Data - [ Ссылка ]
Size Matters, If You Control Your Junk - [ Ссылка ]

You can find the Rational Reminder podcast on
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Spotify Podcasts:
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