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from24/7 Wall St.
3 days agoThis 1 ETF Keeps Outperforming the S&P 500- Expect it to Win Again This Year
Invesco S&P 500 Momentum ETF (SPMO) has outperformed the S&P 500 for three years while matching or lowering downside risk.
A far less famous ETF has delivered 20.14% in gains year-to-date (~130% better than the VOO). This is even better than the 10.4% that the QQQ returned. The Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO ) is the ETF in question. It still invests inside the S&P 500, but the index re-weights and puts extra money into the names with the strongest price momentum, cutting loose the laggards.