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Low Volatility Is Not a Substitute for Value

S&P's Craig Lazzara discusses several approaches to factor-based investing and why individuals should be aware of the differences in index construction.

Mike Rawson: I'm Mike Rawson, ETF analyst with Morningstar. We're talking today about factor investing, and joining me is Craig Lazzara, a senior director and product manager at S&P Indices.

Craig, thanks for joining me.