Quality-Faktor erklärt | 4 Quality-Faktor ETFs im Vergleich

The quality factor (quality premium) is considered by many to be the king of factors – and simultaneously the most difficult to grasp. There's no standardized definition, different metrics from each index provider, and index designs that, according to academics, are sometimes driven more by marketing than by data. In this video, we'll look at how Benjamin Graham anticipated the idea of ​​the quality factor as early as the 1930s, what Robert Novy Marx was able to prove with a single metric in 2013, why Fama & French added profitability to their famous three-factor approach in 2015, and what the AQR team led by Cliff Asness discovered in their massive "Quality Minus Junk" study spanning 56 years and 24 countries. I'll also show you why, according to academics, Warren Buffett's success isn't a secret – but can be almost entirely explained by minimum volatility, quality, and favorable leverage. And finally, I'll tell you which of the four quality ETFs I personally hold in my portfolio – and why I'm not switching it despite more attractive alternatives. ... 🔔 Subscribe to Aktien2Know: http://bit.ly/1LMabjD –––– MY PARTNERS & SUPPORT –––– 📊 Investing.com / InvestingPro – 15% discount with code “aff224” https://www.investing-referral.com/af... 📒 extraETF Portfolios & Financial Manager https://www.financeads.net/tc.php?t=8... 📚 Book recommendation: Thinking, Fast and Slow – Daniel Kahneman https://amzn.to/4uqycGG 💼 My savings plan (comdirect): https://www.financeads.net/tc.php?t=8... –––– CHAPTERS –––– 00:00 The Quality Factor – the “best” factor in investing? 00:31 Chapter 1: The Science Behind the Quality Factor Benjamin Graham & David Dodd (1930s): stable dividends, low debt, and consistent profits as the origin of the quality concept Robert Novy-Marx (2013): profitable companies systematically outperform unprofitable stocks Fama & French (2015): extension to the Five-Factor Model Profitability (“Robust minus Weak”) as an official factor AQR “Quality minus Junk” (2019): Quality derived from profitability, growth, security, and dividends “What is Quality?” (2019): MSCI & other providers use completely different definitions Scientific critique of some quality metrics Buffett’s Alpha: Warren Buffett explained as a quality & low-volatility investor 10:57 Chapter 2: Historical performance of the quality factor Comparison: Quality factor vs. market portfolio since 1964 Behavior in crises: Oil crisis, dot-com bubble, financial crisis & inflation in 2022 MSCI World Sector Neutral Quality Index vs. MSCI World Comparison with the S&P 500 since 1998 14:29 Chapter 3: The four quality ETFs at a glance iShares Edge MSCI World Quality Factor UCITS ETF Xtrackers MSCI World Quality UCITS ETF iShares MSCI World Quality Dividend Advanced UCITS ETF (Dist) Fidelity Global Quality Income UCITS ETF 15:43 How do the MSCI World Quality ETFs from iShares & Xtrackers work? Quality Filter: Return on Equity, Debt & Earnings Stability Sector Neutrality Explained Weighting & Rebalancing 17:42 How does the iShares MSCI World Quality Dividend Advanced ETF work? ESG Filter & Exclusion Criteria Dividend Sustainability as an Additional Filter Combination of Quality, Dividend & Momentum 19:41 Fidelity Global Quality Income ETF Explained Proprietary Equity Universe instead of MSCI World ESG & Sustainability Filter Quality Metrics: Cash Flow Margins, ROIC & Free Cash Flow Stability Selection based on Sector and Country Combination 21:17 Chapter 4: Performance Comparison of the ETFs 23:39 My Conclusion: Which Quality ETF do I hold in my own portfolio? ––– More Aktien2Know Videos –––– Momentum Factor: 100 Years of Excess Returns - Which ETF is the Best?    • Momentum Faktor: 100 Jahre Überrendite - w...   Which Value ETF Really Beats the Market? | 3 Value ETFs Compared    • Welcher Value-ETF schlägt wirklich den Mar...   Which Small-Cap ETF Really Beats the Market? | 4 Small-Cap ETFs Compared    • Vergleich: Der beste Small-Cap ETF | 4 Sma...   Can I Achieve 11% per Year with This Savings Plan? My ETF Savings Plan for 2026    • Schaffe ich mit diesem Sparplan 11% pro Ja...   Historically: 45x Excess Return with Minimum Volatility Factor! Minimum Volatility ETF explained    • Historisch: 45-fache Überrendite mit Minim...   –––– ETFs IN VIDEO –––– iShares Edge MSCI World Quality Factor UCITS ETF (WKN: A12ATE) https://extraetf.com/de/etf-profile/I... Xtrackers MSCI World Quality Factor UCITS ETF (WKN: A1103D) https://extraetf.com/de/etf-profile/I... iShares MSCI World Quality Dividend Advanced UCITS ETF (Dist) (WKN: A2DRG5) https://extraetf.com/de/etf-profile/I... Fidelity Global Quality Income UCITS ETF (WKN: A2DL7E) https://extraetf.com/de/etf-profile/I... ⚠️ Not investment advice. Investing involves risks. #etf #qualityfactor #factorinvesting #msciworld #finance #investment #stockmarket #investing #portfolio #stocks #warrenbuffett #aktien2know