Equity Overview
Price & Market Data
Price: $92.83
Daily Change: +$2.14 / 2.31%
Range: $89.98 - $93.48
Market Cap: $0
Volume: 949,287
Performance Metrics
1 Week: 5.18%
1 Month: -4.56%
3 Months: -8.49%
6 Months: -1.41%
1 Year: 22.66%
YTD: -2.29%
Details
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.