# smart beta

> English word · Noun

## Definitions
1. A portfolio management strategy that modifies the beta, that is the exposure to systematic risk in the market, based on widely recognized valuation rules from technical analysis rather than market capitalization.

## Etymology
Coined around 2006 by consultants at Willis Towers Watson, though the academic research is decades older.

## Source
Compiled from Wiktionary via kaikki.org (CC BY-SA). Data vintage: 2026-05-06.
Canonical page: https://plainspell.com/en/word/smart-beta