As you well know we at Classiarius study research from several sources. And we have written and produced audiovisual packages about Fundstrat, Tom Lee a founding partner and his research product on a regular basis. Recently, we discovered that this team has a new but powerful ETF product, the ticker is DQML.
The Doctor Quant Model US Large Cap Equity Weighted Long Index (also known as the DQM Long Index), was developed by Fundstrat Global Advisors using the advanced multi-factor stock rating system to choose the top 100 stocks from an investable universe of the 500 largest US stocks by market cap.
The DQM Long Index ranks the universe 1 through 500 by assigning an aggregated score to each stock across eight key fundamental/market-based factor groups that drive equity prices. Unlike many fixed weight multi-favor models, the DQM Long Index dynamically optimizes the weights to the realized explanatory power of each group attributing different weights to companies by sector. The Index is then comprised of the highest-scoring 100 large-cap stocks.
The performance of this vehicle is an amazing 12.3% from its inception to October 2018.
Please reference DQML and contact Fundstart for more information on this exciting product.