LRGF: Low-Fee Factor ETF With Convincing Performance Is A Buy (Rating Upgrade)

  • LRGF is a passively managed vehicle with a multifactor strategy and a paper-thin expense ratio of 8 bps. I am upgrading LRGF to a Buy today, as there is no reason to persist in skepticism. LRGF's performance has been impressive, as it has beaten IVV and a few peers since inception, delivering decent gains both during periods of excessive optimism and acute stress.