Equity Overview
Price & Market Data
Price: $115.3
Daily Change: +$0.31 / 0.27%
Daily Range: $115.0 - $116.0
Market Cap: $0
Daily Volume: 1,362,762
Performance Metrics
1 Week: 1.11%
1 Month: 3.65%
3 Months: 22.64%
6 Months: 13.80%
1 Year: 35.99%
YTD: 21.37%
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.