---
title: Comparing Factor Models for Portfolios
url: https://www.ml-quant.com/papers/repec/eee-jimfin-v-140-y-2024-i-c-s0261560623001985/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:eee:jimfin:v:140:y:2024:i:c:s0261560623001985
source_url: https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Fwww.sciencedirect.com%2Fscience%2Farticle%2Fpii%2FS0261560623001985%3Bh%3Drepec%3Aeee%3Ajimfin%3Av%3A140%3Ay%3A2024%3Ai%3Ac%3As0261560623001985
featured: 2024-01-09
citations: unknown
topic: Portfolio & Allocation
---


# Comparing Factor Models for Portfolios

The paper finds no significant difference in investment outcomes when using the Hou-Xue-Zhang four-factor model versus the Fama-French five-factor model.

- Source: https://econpapers.repec.org/scripts/redir.pf?u=http%3A%2F%2Fwww.sciencedirect.com%2Fscience%2Farticle%2Fpii%2FS0261560623001985%3Bh%3Drepec%3Aeee%3Ajimfin%3Av%3A140%3Ay%3A2024%3Ai%3Ac%3As0261560623001985
- Identifier: RePEc:eee:jimfin:v:140:y:2024:i:c:s0261560623001985
- Released: 2024-01-09
- First featured: Quant Letter No. 32 (2024-01-09): https://www.ml-quant.com/issues/2024-01-09/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Portfolio & Allocation

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