Explore the strategies of relative value funds, including pairs trading, to exploit mispricings and outperform benchmarks.

First Trust Morningstar Dividend Leaders Index Fund offers a 3.87% SEC yield, targeting large-cap, established dividend payers with moderate valuation multiples. FDL’s value-oriented sector allocation ...

Japan Exchange Group (JEG) is the largest operator of financial exchanges in Japan, with a monopolistic competitive position, steady growth, and high margins. The Japanese equity market is ...

Relative valuation—using simple metrics to compare a firm’s value to its peers—is a cornerstone of financial decision-making. If a company earns $2 billion in profit, and if similar firms trade at 15 ...