O’Neil Global Advisors Launches Index Tracked by WisdomTree ETF for Growth Investing

LOS ANGELES, July 7, 2021 / PRNewswire / – Innovative Investment Advisor O’Neil Global Advisors (OGA) announces the launch of the O’Neil Growth Index ™, a systematic index based on proprietary growth factors and quantitative research, comprising a long-only portfolio of approximately 70 US large and mid-cap to high capitalization stocks liquidity (Bloomberg symbols OGITR for the total return index and OGIPR for the price return index).

The constituent weight of each stock in the index is determined by four factors:

  • Pullback, a technical factor that measures a stock’s long-term momentum against its short-term average reversion characteristics, which increases exposure to stable growth names with recent positive price action;
  • Volatility, which measures the standard deviation of the stock’s returns over the past year, which helps reduce the long-term volatility of the index while increasing exposure to large-cap and value stocks ;
  • Datagraph ™ Rating, an O’Neil proprietary composite of many growth characteristics including reported earnings, market capitalization, relative price strength and others;
  • Hotness, a measure of how recently a stock has moved relative to its historical average, which seeks to minimize stocks subject to recent speculative actions.

The main challenges in building a growth portfolio are to identify growth at an early stage and to avoid the inevitable pullback of many growth stocks after they climb. The strategy therefore uses these factors to improve the timing of entry points and avoid holding titles that are extended. This allows investors to profit from the upside of a growth portfolio while limiting the risk and volatility normally associated with this style of investing. Due to the volatile nature of the growth universe, the index also uses monthly rebalancing with equal weight to avoid idiosyncratic risk.

The O’Neil Growth Index is followed by the recently launched WisdomTree US Growth & Momentum Fund (WGRO). “We are delighted to have launched one of our first growth index products with true growth investing experts,” said Jeremy Schwartz, Global Head of Research at WisdomTree. “The powerful O’Neil Index seeks to capture the upside of an aggressive growth portfolio while trying to limit downside risk after the market has peaked and corrected, offering a potential solution for investors with high risk portfolios. “

“Our collaboration with WisdomTree is the ideal vehicle for us to showcase our growth investing expertise, developed over decades of quantitative research, through an index framework,” adds OGA’s CEO. Steven L. Birch. “We look forward to creating another avenue that supports our legacy of innovative strategies that help investors outperform the market.”

Investors should carefully consider the investment objectives, risks, charges and expenses of the Fund before investing. To obtain a prospectus containing this and other important information, call 866.909.9473 or visit www.wisetree.com. Read the prospectus carefully before investing.

There are risks associated with investing, including possible loss of capital. The Fund invests in mid to large capitalization companies that provide exposure to a portfolio of high growth and dynamic US publicly traded companies. Securities that exhibit momentum characteristics may be more volatile than the market as a whole. Growth stocks, as a group, can be out of favor in the market and underperform value stocks or the overall stock market. The Fund may experience high portfolio turnover as part of rebalancing or adjusting its index. The Fund invests in the securities included in or representative of its Index, regardless of their investment merit. The Fund does not attempt to outperform its index or take defensive positions in declining markets and the index may not perform as expected. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.

WisdomTree funds are distributed by Foreside Fund Services LLC, in the United States only. Foreside Fund Services LLC is not affiliated with the other entities mentioned.

Jeremy Schwartz is a registered representative of Foreside Fund Services, LLC.

About O’Neil Global Advisors

O’Neil Global Advisors, Incorporated, a subsidiary of O’Neil Capital Management, Inc., is an SEC investment advisor who develops systematic stock trading strategies and indices using quantitative modeling and algorithms . The company’s data scientists and engineers use a database of more than 100 years of stock market information to craft proprietary strategies that use unique factors to identify stocks with potential to generate alpha. O’Neil Global Advisors manages the O’Neil Chameleon, Raven and Timberwolf strategies in United States and works with partner companies in India and China develop strategies for their local stock markets.


Paul Gin
+1 310.448.6879
[email protected]

SOURCE O’Neil Global Advisors (OGA)

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