Amid an uncertain economic future, equities offer an attractive advantage of being able to pass through inflationary costs over the longer-term, but their present relative valuation against bonds does not
Distillate’s U.S. Fundamental Stability & Value (U.S. FSV) strategy outperformed its S&P 500 and iShares Russell 1000 Value ETF benchmarks again in 2021. For a further discussion of performance, portfolio
Distillate’s U.S. and international strategies outperformed their respective benchmarks in 2020. In the U.S., substantial outperformance among the largest stocks presented a significant headwind and the resulting rich valuations are
We introduce our International Fundamental Stability and Value strategy (Intl. FSV) and discuss performance and portfolio changes in the U.S. FSV portfolio related to the attractive opportunity set we are
We provide an update of our U.S. Fundamental Stability & Value strategy’s performance, portfolio changes, and fundamental attributes. We also discuss the equity market’s recent performance in a longer-term historical
The composition of the economy and stock market has shifted from physical assets to intellectual ones. This change has significant implications for traditional valuation metrics, requiring a new approach.
The group of stocks known as the FAANGs (Facebook, Apple, Amazon, Netflix, and Alphabet) have garnered significant attention from investors and market pundits—often painted as a homogeneous, overvalued set of
The contents of this website are provided for informational purposes only and should not in any way be considered investment advice or a recommendation of any financial product or service. Information has been obtained from sources believed to be reliable but is not in all cases verified and cannot be guaranteed. Opinions, estimates, and projections constitute the judgment of Distillate and are subject to change without notice. Performance information and other metrics represents past performance and is not indicative of future results. Investing involves risks and you may incur a profit or a loss. References to specific companies or securities are provided as a means of illustrating an investment process. Distillate’s clients may or may not have owned these securities at the time this material was published or read and, in any event, are not a complete list of securities selected for clients. The investments or investment strategies discussed herein may not be suitable for every investor. You should seek financial advice regarding the suitability of any investment strategy based on your specific objectives, financial situation, and needs. There is no assurance that any investment strategy will be successful. Third-party trademarks and brands are the property of their respective owners.
Free and simple tools are available to research firms and financial professionals at https://www.investor.gov/crs, which also provides educational materials about broker-dealers, investment advisers, and investing.