Trend Focused ETF Strategies Performing Well
This article was originally published on ETFTrends.com.
The iShares Edge MSCI Momentum Factor ETF (MTUM), an $8.5 billion fund, rose 13.1% year-to-date through May 29, ahead of the 12.6% gain for the market-cap weighted iShares Core S&P 500 (IVV). At the end of April, MTUM was heavily weighted toward defensive health care (31% of assets vs. 14% for IVV) and consumer staples [...]