QMOMQMOM has consolidated well in previous 3 years before giving this BO however considering broader mkt sentiment it has to take mild hit. after the bounce it may given handsome up move in next 3 -4 yrs
Key stats
About Alpha Architect U.S. Quantitative Momentum ETF
Home page
Inception date
Dec 2, 2015
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
QMOM seeks long-term capital appreciation by targeting the 10% of stocks with the highest total return over the last 12 months, excluding the most recent month. The fund also screens for consistency of momentum by excluding stocks with too many negative-return days during the 12-month period. This methodology aims to select 40-50 stocks which get weighted equally. The index is reconstituted quarterly, starting February. QMOM launched as an actively managed fund but began tracking a new homegrown index in January 2017. On January 31, 2022, the fund switched back to being actively managed. These changes did not significantly alter the funds strategy or holdings.
Classification
What's in the fund
Exposure type
Finance
Technology Services
Electronic Technology
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.