I’m not sure what surprises me the most:
1. $FMTM is the fastest growing Mo etf
2. $SPMO is the worst performer
3. Everybody offers Momentum ETFs now
I was a pretty clean SPMO and IDMO guy for a while. Thought I had everything I needed from momentum.
Then, SPMO cracked. Picked the wrong horses at exactly the wrong time. Yes, it will be back but now I have to reevaluate my momentum port.
How can I ditch $FMTM with this performance?
I like the idea of $EZMO and $PFI.
More holding and watching for the time being.