A Momentum ETF Up 17% YTD Looks to Keep Rolling
June 02, 2017 at 11:48 AM EDT
The iShares MSCI USA Momentum Factor ETF (NYSEArca: MTUM) is up more than 17% year-to-date, a gain that shows this smart beta exchange traded fund is outpacing the S&P 500 a roughly 2-to-1 margin. However, there are some concerns regarding the near-term outlook for the momentum factor and its...
