How Tech Stocks Affect Momentum ETFs
This article was originally published on ETFTrends.com.
The iShares MSCI USA Momentum Factor ETF (Cboe: MTUM), one of the largest exchange traded funds dedicated to the momentum factor, and other momentum ETFs are often heavily allocated to technology stocks. At issue for investors is when funds like MTUM increase or decrease exposure to the technology sector. The momentum factor was beloved for [...]