Tularam, Gurudeo Anand; Reza, Rajibur - In: Cogent economics & finance 4 (2016) 1, pp. 1-12
We investigate the relationship between idiosyncratic risk and return among four water exchange traded funds-PowerShares Water Resources Portfolio, Power Shares Global Water, First Trust ISE Water Index Fund, and Guggenheim S&P Global Water Index ETF using the Markov switching model for the...