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by pyguysf
4434 days ago
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You are correct that it is basically recreates an S&P index fund, but so is the EQL etf, and people have put $125M in it and pay 0.5%/year. I think this is more proof of a) how to recreate something that is already out there for cheaper, and b) the framework for customizing something to your own investment strategy. Maybe you don't need all 11 ETFs under there, maybe you just want Tech+Energy+Fin and you equal weight those - they're giving you the framework you just have to customize it to your needs. |
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