Popular Articles
Factors
03.08.2026
Why Factor Premiums Disappear for Years
Factor investing can test your patience. Even well-known premiums like value, momentum, quality, or size can go quiet - and sometimes stay quiet for years - leaving disciplined investors wondering if the strategy is broken. This article digs into why those long “dry spells” happen, from shifting economic regimes and changing market leadership to crowding, valuation effects, and plain bad timing. Backed by real market history and academic research, it also offers practical ways to set better expectations, size positions sensibly, combine factors, and decide when (and when not) to tweak your approach.
Factors
28.07.2026
Smart-Beta ETFs vs Building Factors Yourself
Smart-beta ETFs can be an easy on-ramp to factor investing - letting you tilt toward value, quality, low volatility, momentum, or small caps without hand-picking stocks or building a model from scratch. But convenience comes with trade-offs. This article compares buying smart-beta funds with constructing your own factor portfolio, highlighting the practical details that matter: fees, turnover, taxes, tracking error, rebalancing rules, and how “factor purity” can get diluted by index constraints. With real-world examples, it helps you decide when an off-the-shelf ETF is the smarter choice and when a DIY approach may offer more control and flexibility.
Factors
22.07.2026
How to Combine Factors Without Overlap
Combining multiple factors without accidentally counting the same thing twice can be harder than it looks - whether you’re building a data model, designing product features, or organizing an event. This article explains where overlap usually sneaks in (unclear definitions, messy categories, and hidden dependencies) and how it leads to redundancy, confusing results, and avoidable mistakes. You’ll get straightforward, practical ways to define factors cleanly, set boundaries, and check your work so each variable adds something unique and the final combination stays accurate.
Factors
16.07.2026
Value vs Growth: Is the Premium Back?
This article explores the resurgence of value investing relative to growth stocks, analyzing the dynamics behind their recent performance shifts. Experienced investors will find detailed insights on key metrics, common misconceptions, and data-driven strategies for balancing these investment styles. The piece also examines real-world examples and practical recommendations to identify when a value premium emerges and how to harness it.
Factors
10.07.2026
Quality as a Factor: What It Captures
Quality touches every aspect of products and services - measuring not only durability but user satisfaction, precision, and performance over time. This article explores how quality functions as a complex metric, revealing hidden strengths and exposing weaknesses through real-world examples and data. For businesses and consumers alike, understanding what quality truly captures helps make smarter decisions and avoid costly mistakes.
Factors
04.07.2026
Momentum Investing: What the Evidence Shows
Momentum investing is built on a simple idea: stocks that have been doing well lately often keep doing well for a while, and the laggards tend to keep lagging. That’s why many traders and portfolio managers use momentum - to ride ongoing price trends rather than trying to call tops and bottoms. In this article, we dig into what the research and real market data actually show, where momentum can break down (like sudden reversals or crowded trades), and how investors typically implement it in practice. You’ll also see clear examples of how momentum has helped - or hurt - returns in different market environments.
Factors
28.06.2026
Do Small-Cap Value Factors Still Pay?
Small-cap value investing once promised outsized returns through undervalued, smaller companies. This article examines whether these factors continue to deliver in recent markets, for investors seeking alternatives beyond large-cap growth. By exploring data trends, pitfalls, and actionable strategies, readers gain insight into the evolving performance and practical use of small-cap value in diversified portfolios.
Factors
22.06.2026
Building a Multi-Factor Portfolio
Creating a multi-factor portfolio means combining several proven “return drivers” (like value, momentum, quality, or low volatility) instead of relying on just one. Done well, this mix can help smooth out performance and improve the odds of stronger long-term returns - especially compared with single-factor strategies that can fall in and out of favor. In this article, you’ll learn what multi-factor investing really is (and what it isn’t), how to build and balance factors in practice, and why the approach works, with clear examples that demonstrate its real-world impact.