NYSE ARCA | ETF
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index.
The underlying index is designed to measure the performance of approximately 100 stocks in the S&P 500® Index that have the highest momentum score.
In general, momentum is the tendency of an investment to exhibit persistence in its relative performance; a momentum style of investing emphasizes investing in securities that have had better recent performance compared to other securities.
It is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| AAPL | Apple Inc | Technology | Consumer Electronics | 9.89% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 9.41% |
| META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 8.58% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 8.33% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 8.24% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 6.80% |
| LLY | Eli Lilly and Company | Healthcare | Drug Manufacturers - General | 5.83% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 5.52% |
| TSLA | Tesla Inc | Consumer Cyclical | Auto Manufacturers | 5.10% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 5.01% |
| WMT | Walmart Inc | Consumer Defensive | Discount Stores | 4.79% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 3.65% |
| PLTR | Palantir Technologies Inc. Class A Common Stock | Technology | Software - Infrastructure | 2.99% |
| COST | Costco Wholesale Corp | Consumer Defensive | Discount Stores | 2.92% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 2.47% |
| GE | GE Aerospace | Industrials | Aerospace & Defense | 2.18% |
| LIN | Linde PLC | Basic Materials | Chemicals | 2.03% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 1.95% |
| AMD | Advanced Micro Devices Inc | Technology | Semiconductors | 1.53% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 1.50% |