Wrote today about AVUV, a phenom small cap value ETF that has put down seemingly imposs returns and became the top cash-intaker among all 232 small cap ETFs over 1yr, 3yr, 5yr. To pull in $20b as an active small value fund in the Mag 7 Passive Era is remarkable feat. I don't think anyone could have called it. It just picked good stocks by doubling down on factor investing: screening for value and profitability and then weighting by the score. Full note on BI ETF<GO>(Eric Balchunas)