Biography
Derek Horstmeyer is a professor at George Mason University School of Business, specializing in exchange-traded fund (ETF) and mutual fund performance. He currently serves as Director of the new Financial Planning and Wealth Management major at George Mason and founded the first student-managed investment fund at GMU.
Are the traditional indicators of consumer sentiment and business confidence relevant anymore?
How accurate is VIX on a realized basis and when does it diverge with the market?
As a stock falls in value, it becomes more sensitive to market movements and its total volatility increases.
An examination of global stock market indices since 2015 reveals one clear takeaway: Every single index's average correlation with all other indices has fallen.
With various performance metrics to choose among, might fund managers be tempted to cherry-pick those that reflect most favorably on their performance?
How have the markets responded to congressional testimony from recent Fed chairs? Have they shown a preference or distaste for any one in particular?
How would an index constructed at the US country level that weights holdings by each sector's underlying GDP compare to the S&P 500 in terms of risk and performance?
How much correlation is there between consumer and business sentiment metrics and market returns?
A fund family's success with bond funds may not translate to the equity side of the ledger.
Do index funds with lower tracking error have better or worse post-tax performance?