BRNY: A Worthy But Not Perfect Candidate For A Factor Investor's Playbook
Source: SeekingAlpha
2025-01-09 19:52:39 ET
Summary
- Actively managed BRNY has a factor-rotation strategy designed to benefit from the "Investment Cycles," including those beneficial for small caps and value or large caps and growth.
- Its 2024 performance was excellent, and the current mix of growth and value looks markedly more appealing than that of IVV.
- However, its performance since October 2022 looks much less impressive, highlighting vulnerabilities of its strategy.
- There is also something to dislike about its quality, as IVV looks stronger on multiple metrics, including allocation to stocks with a B- Quant Profitability grade or higher.
- And while this is an ETF to follow, due to a few disadvantages, chief among them being performance since inception, I believe BRNY does not qualify for a Buy rating.
Today, I would like to discuss the Burney U.S. Factor Rotation ETF ( BRNY ), an actively managed high-fee , high-turnover investment vehicle with a sophisticated strategy designed to deliver "long-term capital appreciation" by adjusting its factor mix to benefit from a certain "Investment Cycle."...
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BRNY: A Worthy But Not Perfect Candidate For A Factor Investor's Playbook
Burney U.S. Factor Rotation ETF
NASDAQ: BRNY
BRNY Trading
-2.57% G/L:
$56.1606 Last:
4,814 Volume:
$56.72 Open:
