Quote: (06-02-2016 04:35 PM)Kissinger2014 Wrote:
There is an ETF: QVAL, that seems somewhat close to the Piotroski approach of quality on the cheap. The famous hedge fund manager, Joel Greenblatt, who wrote "The Little Book that Beats the Market" had an ETF that used his Magic Formula (basically low Price/CF and low debt), but he closed that.
With any of these quality/value plays be prepared for high tracking error, they can lag the market for years. But in the end, they do seem to outperform.
Greenblatt has a site with stocks fitting the little book criteria:
https://www.magicformulainvesting.com/
Supposedly it gives you between 10-30% in 3 years. I haven´t tried this yet.
Greenblatt also has some funds:
https://www.gothamfunds.com/performance.aspx