WealthTech Alpha
Direct indexing replicates benchmark index exposure by holding individual constituent stocks rather than wrapper ETFs, capturing granular daily loss-harvesting opportunities across all market regimes.
1. Direct Indexing vs. Traditional ETF Wrappers
By owning individual shares, custom ESG screens and factor tilts can be applied dynamically without incurring capital gains realization from fund liquidations.
2. Algorithmic High-Frequency Factor Models
Fama-French 5-Factor regression models decompose asset returns into Market, Size, Value, Profitability, and Investment factors.