The $4.2 billion PowerShares FTSE RAFI US 1000 (ETF) (NYSE: PRF) debuted over a decade ago. Today, PRF is widely considered one of the forefathers of the booming smart segment of the exchange-traded funds industry.
Perfecting Old School With PRF
PRF follows the FTSE RAFI US 1000 Index, which employs four fundamental metrics: book value, cash flow, sales and dividends. The 1,000 stocks with the best fundamental strength make the cut for PRF's underlying index.
“Since inception, PRF has posted a three-year rolling win rate of 78 percent over its benchmark, the Russell 1000 Index. That means that over three-year rolling windows, the underlying index has outperformed the Russell 1000 Index nearly 80 percent of the time,” according to PowerShares.
PRF has a small- and ...
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