How does the Smart Beta portfolio compare to Betterment's Core Portfolio?

The Smart Beta portfolio consists of Smart Beta ETFs that include stocks from companies screened for the four Smart Beta factors—value, high quality, strong momentum, and low volatility.

You will still pay the regular Betterment management fee. The fees for the underlying funds are a bit more expensive, particularly at higher stock allocation levels.

Going from 0% to 100% stocks in the portfolio corresponds with weighted fund fees increasing from 0.13% to 0.22%. For Betterment portfolios, weighted fund fees generally decline as stock allocation increases, starting at 0.15% at 0% stocks and declining toward about 0.07% at 100% stocks.

What is Betterment's affiliation with Goldman Sachs?

We partner with Goldman Sachs Asset Management to bring you the Smart Beta portfolio option. We do so to provide more personalized solutions that align to your goals, preferences, and values.