Name of ETF: QuantShares U.S. Market Neutral Momentum Fund
Benchmark Index: Dow Jones U.S. Thematic Market Neutral Momentum Index
Ticker Symbol: MOM
Strategy: Employs a long/short strategy in attempting to provide investors the spread return between high and low momentum priced stocks. A momentum investment strategy is used to achieve this objective which includes:
- Investing in securities that have had above-average returns
- Shorting securities that have had below-average returns
- Returns are determined by a combination of price performance and dividend returns
- Time period for this performance is the first twelve of the last thirteen months
Related Links: