AMOM

Qraft AI-Enhanced US Large Cap Momentum ETF

$47.53
+0.00%
Market closed. Last update: 11:39 PM ET

📎 Investment Objective

The Qraft AI-Enhanced US Large Cap Momentum ETF (AMOM) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Qraft AI-Enhanced U.S. Large Cap Momentum Index.

Overview

ETF tracking Qraft AI-Enhanced US Large Cap Momentum ETF

Category Large Cap
Issuer Other
Inception Date 2019-05-21
Market Cap $29.7M
Average Volume N/A
Dividend Yield 0.09%
52-Week Range $34.18 - $51.43
VWAP $47.55

Performance

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Investment Summary

📎 Investment Objective

The Qraft AI-Enhanced US Large Cap Momentum ETF (AMOM) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Qraft AI-Enhanced U.S. Large Cap Momentum Index.

🎯 Investment Strategy

The fund uses an artificial intelligence-based model to identify and invest in large-cap U.S. stocks that exhibit strong momentum characteristics. The model analyzes various factors to select and weight the portfolio holdings.

✨ Key Features

  • Utilizes an AI-powered investment approach to target large-cap U.S. stocks with strong momentum
  • Aims to provide exposure to the performance of the Qraft AI-Enhanced U.S. Large Cap Momentum Index
  • Relatively low expense ratio of 0.00%
  • Limited performance history as the fund is new

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific investment strategy and sector
  • Momentum investing risk as the fund's performance is dependent on the continued strength of the selected stocks
  • Lack of long-term performance history to evaluate the strategy's effectiveness
  • Potential for higher volatility compared to a broad market index

👤 Best For

The Qraft AI-Enhanced US Large Cap Momentum ETF may be suitable for investors seeking exposure to a momentum-based investment strategy focused on large-cap U.S. stocks. Investors should have a higher risk tolerance and a longer-term investment horizon to accommodate the potential for increased volatility.