Though high-quality stocks are a good bet to outperform low-quality stocks over the long term, I doubt investors’ need yet another ETF focused on high-quality stocks.
I say this because Jeremy Grantham’s GMO, the Boston-based investment firm, recently announced the launch of a new ETF to invest in high quality stocks. They join the 36 other ETFs that VettaFi’s ETF database lists in its quality stock category, which collectively have around $56 billion in assets under management.
It’s…
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