momentum selection compounds above index
SPMO is a bullish momentum-based S&P 500 strategy because it targets the top 100 fastest-growing momentum names and averaged a little over 18% annually over the last decade, outperforming the S&P 500 on average.
Targeting the top 100 fastest-rising momentum names within the S&P 500 produced just over 18% annualized returns over the past decade, outperforming the broader index by systematically rotating toward the market's strongest price trends.
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