FFCM visited the NYSE to highlight the recent listing of seven QuantShares ETFs. In honor of the occasion, Bill DeRoche, FFCM CEO, rang The Opening BellSM.
The recently launched ETFs include:
Market Neutral Momentum Fund (MOM) - Long high price momentum stocks, short low price momentum stocks within each sector.
Market Neutral Anti-Momentum Fund (NOMO) -Long low price momentum stocks, short high price momentum stocks within each sector.
Market Neutral Value Fund (CHEP) - Long least expensive stocks, short most expensive stocks within each sector based upon 1) Book to Price, 2) Cash Flow from Operations to Price, and 3) Mean Forward Earnings to Price.
Market Neutral Quality (QLT) - Long high quality stocks, short low quality stocks within each sector. Stocks are ranked by combining equally the ranks of return on equity (highest to lowest) and debt to equity (lowest to highest).
Market Neutral Size (SIZ) - Long smaller cap stocks, short larger cap stocks within each sector. Stocks are ranked from smallest to largest by market capitalization within the Dow Jones Index.
Market Neutral Beta (BTAH) - Long high beta stocks and short low beta stocks within each sector. Securities are ranked from the highest to lowest by 52 week sensitivity to the Dow Jones Index.
Market Neutral Anti-Beta (BTAL) - Long low beta stocks and short high beta stocks within each sector. Securities are ranked from the lowest to highest by 52 week sensitivity to the Dow Jones Index.
FFCM LLC is a Boston based registered investment advisor. The firm serves as the investment advisor to FQF Trust, the QuantShares family of Exchange Traded Funds (ETFs).