FMD Capital Management

Growth Investing

How To Properly Utilize Growth and Value ETFs

Written by David Fabian, October 06th, 2016

One of the tremendous benefits of using exchange-traded funds (ETFs) is the ability to customize your exposure to target a specific theme.  This flexibility allows for greater control of your sector and position sizing relative to a broad-market benchmark such as the S&P 500 Index. Read more

The Fear Trade Is Falling Apart

Written by David Fabian, October 05th, 2016

The fear trade has been one of the most successful avenues for investors to take part in this year.  Treasury bonds, gold, utilities, consumer staples, and REITs have all been a big contributor to outsized gains versus a traditional basket of diversified stocks and bonds.  These sectors are well-known defensive plays that tend to perk up during periods of duress in stocks or as interest rates fall.  They are also beloved by income investors as a meaningful pickup in yield versus a conventional Treasury bond or S&P 500 Index fund.  Read more

Remember the ‘All-Weather’ Portfolio? It’s Having a Killer Year

Written by David Fabian, September 27th, 2016

In 2014, Tony Robbins introduced the world to the ‘All-Weather’ portfolio as constructed by renowned hedge fund manager Ray Dalio. Also known as the ‘All Season’ strategy, Dalio proposed a mix of multiple asset classes that together can survive virtually any storm.

The key components and weights of this strategy are the following:

30% in U.S. stocks

40% in Long-term U.S. Treasury Bonds

15% in Intermediate-Term U.S. Treasury Bonds

7.50% in Gold

7.50% in broad Commodity basket

The end result is a diverse group of inflationary and deflationary investments that that work to lower volatility and potentially enhance returns over the long-term.

Read the complete article at

Face-Off: Two Active ETFs For Momentum Investors

Written by David Fabian, September 20th, 2016

Owning stocks with a high degree of momentum has been a strategy that many investors have sought to capture over time.  This single factor is often described as a security that has higher recent performance than that of its peer group.  Put simply, stocks that are showing strong trends tend to maintain that outperformance as more investors become aware of the story.  Relative performance is often reason enough to lure in more buyers and extend the existing motion that is already in place.

It should come as no surprise that there are a number of exchange-traded funds that seek to isolate this factor in a diversified basket of stocks.  The first generation of which are based on passive indexes with rules-based criteria to identify top performers.

Read the complete article at

3 ETFs With Top Exposure To Apple Stock

Written by David Fabian, September 09th, 2016

Whenever I am asked about which ETFs have the most exposure to a specific stock, I turn to my friends at  Their free stock exposure tool is an excellent way to quickly assess the weight of any given company within the ETF universe.  You can check it out here. Read more