Momentum ETF Strategy Bets on Hot Movers to Keep Rising

The value factor is again generating praise among investors and factor followers, but momentum is also proving sturdy this year. For example, the iShares MSCI USA Momentum Factor ETF (NYSEArca: MTUM) is up more than 9% year-to-date and is easily topping broader, cap-weighted equity indexes. MTUM tracks large- and mid-cap U.S. stocks with relatively high…Click to read more at ETFtrends.com.