{Reference Type}: Journal Article
{Title}: Covid-19 and smart beta: A case study on the role of sectors.
{Author}: Hasaj M;Scherer B;
{Journal}: Financ Mark Portf Mang
{Volume}: 0
{Issue}: 0
{Year}: Apr 2021 15
暂无{DOI}: 10.1007/s11408-021-00383-7
{Abstract}: We investigate the role of sectors on the performance of smart beta products during the COVID-19 crisis. Cross-sectional differences in excess returns (versus a market capitalized portfolio) are driven by strong exposures to COVID-19-related industry rotation, rather than to long-term structural causes.