Why Seasonality Matters for Momentum ETFs
Abstract: With Januaries (a month in which lagged “losers” typically outperform lagged “winners”) excluded, the average monthly return to a momentum strategy…
momentum ETFs
Is The Acceleration Factor a Better Way to Measure Momentum?
Momentum has received a lot of attention in the asset-pricing literature over the past several decades, and for good reason. Trending behavior is…
How Consistent Information Effects Momentum ETFs
Abstract: We test a frog-in-the-pan (FIP) hypothesis that predicts investors are inattentive to information arriving continuously in small amounts. Intuitively, we hypothesize…
Discovering the Strongest Momentum ETF Strategy
We have already documented the returns to generic momentum investing strategies. Within the fund marketplace, many investors focus on fees and less on process. For example,…
Century-Long Backtest Shines on a Few ETF Strategies
In a new article from Institutional Investor—“Market Timing Is Back In The Hunt For Investors”–AQR Capital Management reviews the case for market…
An Indomitable Rise for This ETF
Hundreds of new exchange traded products come to market every year. Some take the long road to asset-gathering proficiency while others gain…
ETF Chart of the Day: Marvelous Momentum
An interesting offering from iShares known as MTUM (iShares USA Momentum Fund, Expense Ratio 0.15%) has pulled in notable new assets lately…
Momentum Stocks: Caution Ahead
The recent pickup in volatility is a useful reminder of the risks lurking in one area of the market: momentum stocks, both…
Momentum Serves This Financial ETF Well
It is no secret that the financial services sector, the second-largest sector weight in the S&P 500 behind technology, has struggled to…
Momentum ETF Sector Changes
Despite some rough patches for momentum stocks in 2014, the Powershares DWA Momentum Portfolio (NYSEArca: PDP) was able to slightly outpace the…
Momentum ETF Changes for Q2
As many exchange traded funds do, the Powershares DWA Momentum Portfolio (NYSEArca: PDP) rebalances on a quarterly basis. ETF rebalancing usually is not…
A Right Place, Right Time Momentum ETF
Recent data (and the Federal Reserve’s tapering announcement) indicate the U.S. economy is improving and the current economic expansion is maturing. Assuming…
A Momentum ETF Searches for More Upside
Exchange traded funds using intelligent indexing or so-called smart beta strategies have come into the limelight this year as investors have poured…
Another Momentum ETF Tops $1 Billion in Assets
Investing in exchange traded funds with alternative weighting methodologies is catching on. One group of ETFs that confirms that notion are ETFs…