PAA Research on X
MTUM and SPMO momentum ETFs are selling off after SPMO's 100% three-year outperformance versus SPY, with September rebalances pending.
NYSEARCA
SPMO
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MTUM and SPMO momentum ETFs are selling off after SPMO's 100% three-year outperformance versus SPY, with September rebalances pending.
Invesco’s S&P 500 Momentum ETF, SPMO, has outperformed the S&P 500 by 100% since September 2023 as momentum leadership intensified.