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Post by racqueteer on Jul 18, 2023 19:20:33 GMT
PVCMX is a nice, steady fund, but it isn't volatile in ANY direction. If the thesis is for SC to do well, I would want something with a little more 'pop' to it.
Edit: Added some MSSMX at the close.
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Post by retiredat48 on Jul 18, 2023 21:19:33 GMT
PVCMX is a nice, steady fund, but it isn't volatile in ANY direction. If the thesis is for SC to do well, I would want something with a little more 'pop' to it.
Edit: Added some MSSMX at the close.
,...wow! have you been following MSSMX for a long time? Quite a chart last four years. $10,000 goes to about $75,000, then sells off to about $25,000, now rebounding. Any thread on this fund? TIA Rac...I may be coming up your way (I-87 Thruway) about week three in August. Lunch? R48 |
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Post by racqueteer on Jul 18, 2023 23:05:22 GMT
PVCMX is a nice, steady fund, but it isn't volatile in ANY direction. If the thesis is for SC to do well, I would want something with a little more 'pop' to it.
Edit: Added some MSSMX at the close.
,...wow! have you been following MSSMX for a long time? Quite a chart last four years. $10,000 goes to about $75,000, then sells off to about $25,000, now rebounding. Any thread on this fund? TIA Rac...I may be coming up your way (I-87 Thruway) about week three in August. Lunch? R48 I was in it during its run and avoided its crash; so, yes, I keep an eye on it. I like tech in areas outside of the big seven or eight, and MSSMX has them. I THINK we have a window here for a bit of a run (didn’t like volatility when I was more pessimistic and missed a big opportunity, but this is still down a ton). Regarding August, that should work out for me; give me a shout when it’s happening. |
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Post by chang on Nov 21, 2023 17:51:17 GMT
No posts here for several months. I'm thinking of adding to a small AVUV holding. Should have done it a month ago (up 7% since then.) Anyone else adding now, or am I too late?
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Post by oldskeet on Nov 21, 2023 18:52:47 GMT
Hi@admin, In response to your question. My small mid cap sleeve has a range of 25% to 35% of the growth area of my portfolio. Currently, it bubbles at 30%. If I decide to add it will be after my small and midcap funds make their year-end distributions. No sense in buying a distribution this late in the year. Old_Skeet
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Post by chang on Nov 21, 2023 19:11:04 GMT
Hi@admin, In response to your question. My small mid cap sleeve has a range of 25% to 35% of the growth area of my portfolio. Currently, it bubbles at 30%. If I decide to add it will be after my small and midcap funds make their year-end distributions. No sense in buying a distribution this late in the year. Old_Skeet That’s a good point; AVUV had a 24% turnover last year. BUT it has a zero estimated CG this year. So no issue there. |
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Post by rhythmmethod on Nov 21, 2023 21:15:47 GMT
No posts here for several months. I'm thinking of adding to a small AVUV holding. Should have done it a month ago (up 7% since then.) Anyone else adding now, or am I too late? I used to hold it and may return. I'm not remembering why I traded it. Currently I'm filling that space with PEY. Not fully small/mid value but sort of. I like that iut PAYS monthly. I'll look again at AVUV. - RM |
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Post by retiredat48 on Nov 21, 2023 21:19:12 GMT
I'm keeping small caps on my radar as a potential buy/accumulation.
R48
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Post by chang on Nov 22, 2023 0:31:21 GMT
No posts here for several months. I'm thinking of adding to a small AVUV holding. Should have done it a month ago (up 7% since then.) Anyone else adding now, or am I too late? I used to hold it and may return. I'm not remembering why I traded it. Currently I'm filling that space with PEY. Not fully small/mid value but sort of. I like that iut PAYS monthly. I'll look again at AVUV. - RM I can’t recall exactly how I ended up picking AVUV, except it’s in taxable so I wanted an ETF. I recall looking at DFSV when someone pointed me to AVUV and I decided, yeah, it actually looked better. I seem to recall the firm was started by ex-DFA people. |
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Post by Chahta on Nov 22, 2023 17:42:11 GMT
No posts here for several months. I'm thinking of adding to a small AVUV holding. Should have done it a month ago (up 7% since then.) Anyone else adding now, or am I too late? if you wait it will drop that 7%. I bought DGRS at the beginning of the year and made good money. But it retreated and has since gone up and down. It pays about 3% and is value oriented where AVUV is more growth. SC takes some patience I have found. |
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Post by mnfish on Nov 23, 2023 11:33:16 GMT
FWIW, Wells Advisors has SC rated as "Most Unfavorable" and has for a while.
And they are still calling for the SP500 to end the year at 4000 - 4250.
Like I said, FWIW
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Post by racqueteer on Nov 23, 2023 14:23:53 GMT
We should update this thread to "Small Caps someday?"! I keep trying, but this area has behaved like fire crackers: a brief flash of light and sound; then silence...
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Post by retiredat48 on Nov 23, 2023 15:48:39 GMT
FWIW, Wells Advisors has SC rated as "Most Unfavorable" and has for a while. And they are still calling for the SP500 to end the year at 4000 - 4250. Like I said, FWIW This is a "bullish" sign to me. Couple points re small cap: --In perhaps the most famous study of the stock market, done by E. Fama/K. French (google it) from 1920s into 2000+, three main conclusions were reached. One was "SMALL CAPS BEAT LARGE CAPS". (I'm not telling the other two conclusions  ) --The capital total value of APPL stock (price times number of shares) EXCEEDS THE TOTAL SMALL CAP INDEX UNIVERSE PUT TOGETHER. Thus a slight shift out of large cap tech, into small caps, could have a huge impact. --There will come a time period when small cap stocks are zooming upward, and the animal spirits SPECULATIVE BENTS will emerge, driving them higher and higher. Question is: Will you, me or anyone own them to capture this huge gain.
Two things are certain. For any speculative bent to occur, small cap stock funds must be selling/trading ABOVE their 200 day Moving Averages. Secondly, there will be a select number of ACTIVELY MANAGED Small Cap Funds that will be beating the SC index funds...such momentum is measurable. R48 |
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Post by FD1000 on Nov 23, 2023 18:41:30 GMT
I'm sorry I have to repeat myself. Before I invest in any category or fund, it must show an uptrend and be better than others, no matter any ratings or analysts. Categories/Funds can be "unreasonable" a lot longer than you think. The charts must confirm it first which is based on actual buy/sell in real times. Trading above 200 MA is a good thing but does not tell you which category is better and why you should concentrate on the best categories.
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Post by chang on Dec 1, 2023 18:35:57 GMT
AVUV is on a tear. I should have added when I said I was thinking about it.
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Post by racqueteer on Dec 1, 2023 21:50:18 GMT
AVUV is on a tear. I should have added when I said I was thinking about it. The problem is that this one, and others, are oscillating in what has been basically a sideways direction - and we're near the top of that oscillation at present. We're seeing a similar pattern in all the better SC funds. The basic indexes, otoh, with so many unprofitable stocks, haven't fully bounced back. So... Much as we keep hearing that SC have lagged, I'm not sure that is generally the case; at least in the case of the better ones. |
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Post by Chahta on Dec 2, 2023 23:10:31 GMT
AVUV is on a tear. I should have added when I said I was thinking about it. I bought DGRS at the beginning of the year. I wanted a tilt towards dividends. It has been up then down and up again. AVUV seems to be following that pattern. |
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Post by bb2 on Dec 7, 2023 20:57:47 GMT
AVUV does look interesting. .25 fee.
Energy 19%, financial 26%, cons discretionary 19% and industrials 17%.
Their definition of a small cap is a bit larger than what I've always thought......
"The portfolio managers consider the following to be small capitalization companies: (i) companies smaller than the largest 1000 U.S. companies; (ii) companies representing the bottom 10% of the market capitalization of all U.S. listed companies; and (iii) companies in the fund’s benchmark. Though market capitalizations will change from time to time, as of September 30, 2022, the largest company that could be considered a small capitalization company for purposes of this 80% test had a total market capitalization of approximately $10.83 billion."
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Post by retiredat48 on Dec 9, 2023 19:18:04 GMT
AVUV is on a tear. I should have added when I said I was thinking about it. AVUV passed my initial review...now on my short watch list of Small cap etfs. R48 |
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Post by chang on Dec 9, 2023 19:50:59 GMT
If one believes the Callan Periodic Table as an indicator of reversion to the mean, SC led in 2010, 2013, 2016, 2020, ... <drum roll> ... |
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Post by rhythmmethod on Dec 9, 2023 21:12:48 GMT
On the subject of small-cap: Would anyone happen to have a recommendation on a small-cap growth ETF that is constructed for quality or managed? I don't want a managed OEF with potentially large cap gains. I'm currently using VBK and a little underwater on the smallish holding. I could exchange and get a tax loss harvest and improve the quality. TIA - RM chang, yogibearbull, |
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Post by yogibearbull on Dec 9, 2023 22:06:05 GMT
rhythmmethod , VBK follows CRSP SC Growth index. It has the same problem as R2000 Growth/ IWO, i.e. in trying to be comprehensive, it includes lot of garbage. Almost 40% of R2000 companies have losses. Better for TLH may be S&P SC 600 Growth - IJT, SLYG. Others may have better ideas as I don't follow this space closely.
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Post by rhythmmethod on Dec 9, 2023 23:30:57 GMT
rhythmmethod , VBK follows CRSP SC Growth index. It has the same problem as R2000 Growth/ IWO, i.e. in trying to be comprehensive, it includes lot of garbage. Almost 40% of R2000 companies have losses. Better for TLH may be S&P SC 600 Growth - IJT, SLYG. Others may have better ideas as I don't follow this space closely. Thanks, yogibearbull. I'll look at those and other ops as well. A growth version of AVUV would be close to what I'm looking for. If I find something elsewhere I'll share it. - RM |
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Post by chang on Dec 10, 2023 8:25:44 GMT
On the subject of small-cap: Would anyone happen to have a recommendation on a small-cap growth ETF that is constructed for quality or managed? I don't want a managed OEF with potentially large cap gains. I'm currently using VBK and a little underwater on the smallish holding. I could exchange and get a tax loss harvest and improve the quality. TIA - RM chang , yogibearbull , I wish I could help on SCG, but I doubt it. I picked AVUV after originally being interested in DFSV, and then finding that Aventis split off from DFA, and that AVUV has better performance and lower fees than DFSV. More info: www.dimensional.com/us-en/etfswww.avantisinvestors.com/avantis-investments/?utm=ACI_topnavNeither firm offers small growth funds, alas! You could look at DFAS (blend), but that's not what you want.
Here's a recent M* article "5 Top-Performing Small-Growth ETFs": www.morningstar.com/markets/5-top-performing-small-growth-etfsYour VBK is at the top of the list - in fact, the only Gold rated one! 
A tool I sometimes use is the M* rankings (when they exist and work): www.morningstar.com/small-growth-etfsPerhaps check everything that's in the top 10-20%? |
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Post by racqueteer on Dec 10, 2023 12:59:02 GMT
In the chart that is attached, it's pretty clear that AVUV stands alone. IJT and IWM are quite similar; with the latter being more volatile. Note also that oscillating pattern I mentioned earlier:
The second chart illustrates the volatility, for good or ill, of the MSSMX I also mentioned earlier:
Attachments:
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Post by retiredat48 on Dec 10, 2023 15:33:05 GMT
racqueteer,...can you show your charts starting from the 4 Nov 23 bottom please. Am interested in largest gain from a recent low point. Thanks R48
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Post by racqueteer on Dec 10, 2023 16:11:29 GMT
As requested, but isolating only the latest run up. As you can see, the run up is pretty much identical; which further highlights AVUV's quality (again, emphasizing that we're at the top of an oscillating range):
Attachments:
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Post by retiredat48 on Dec 10, 2023 16:13:32 GMT
This from a poster on Fido Forum:
"Though not a pure small cap value, I like AVGV a lot. Still pretty new, but is a collection of Avantis' value ETFs including a good amount of US small cap value and international small cap value.
I also like and own Distilate's DSMC too which is considered a small cap value but also have mid-caps in them."
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a reply: ..."AVGV and DSMC look good for small caps, but they have hardly any AUM ($37M and $42M, respectively). So keep a close eye on dsmc. "
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R48
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Post by retiredat48 on Dec 10, 2023 16:18:37 GMT
As requested, but isolating only the latest run up. As you can see, the run up is pretty much identical; which further highlights AVUV's quality:
Ahhh...good. Shows value when declining is beating growth; and on upswing value is equal to growth...for 2023 market. Suggests AVUV is the "keeper." Let the market tell us! BTW rac, I will not be coming up your way soon. Put off until April, when son in law will take a month off and help me disposition my Saratoga Springs area residence. Will plan lunch up your way, then. (Maybe we should invite any area poster to join us for lunch!) R48 |
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Post by racqueteer on Dec 10, 2023 18:29:54 GMT
BTW rac, I will not be coming up your way soon. Put off until April, when son in law will take a month off and help me disposition my Saratoga Springs area residence. Will plan lunch up your way, then. (Maybe we should invite any area poster to join us for lunch!) R48 May be later April on my return this year; not sure just yet. A general 'meet-up' is a good thought; though I'm not sure that anyone is close. Keep me advised! |
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