| Exchange-traded funds have exploded into public consciousness with a popularity to match mutual funds, so it’s easy to think that a cursory look makes you a near expert. There isn’t much to the basics: These securities track a commodity, asset group (such as an index fund) or index (such as the Standard & Poor’s 500), and trade like stocks.
But scanning and spanning the globe (and the market) for more exotic ETFs requires more moxie. “If you’re going to beat the market over time, you have to do something fundamentally different,” says Charles Sizemore, chief investment officer of Sizemore Capital in Dallas and manager of two portfolios on Covestor. “You can’t beat the market by investing in something that substantially tracks it, like an S&P 500 index fund.”..............................................Full Article: Source
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