Momentum ETFs: Keeping Up with the Times
May 07, 2021 at 07:30 AM EDT
The iShares Edge MSCI USA Momentum Factor ETF (MTUM) is already up over 40% the past year, but more strength could be ahead as it shifts its focus to energy and financials exposure. MTUM seeks to track the investment results of the MSCI USA Momentum Index. MTUM generally will invest at least 90% of...