ROMO

Strategy Shares Newfound/ReSolve Robust Momentum ETF

$34.09

+0.00%

Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The Strategy Shares Newfound/ReSolve Robust Momentum ETF (ROMO) seeks to provide long-term capital appreciation by investing in a portfolio of U.S. equities exhibiting strong momentum characteristics.

Overview

ETF tracking Strategy Shares Newfound/ReSolve Robust Momentum ETF

Category Growth

Issuer Other

Inception Date 2019-11-04

Market Cap $29.3M

Average Volume N/A

Dividend Yield 0.70%

52-Week Range $28.25 - $34.66

VWAP $34.12

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund uses a quantitative, rules-based approach to identify and invest in U.S. stocks with positive momentum. The portfolio is rebalanced periodically to maintain exposure to the highest momentum stocks.

✨ Key Features

Focuses on U.S. equities with strong price momentum
Employs a quantitative, rules-based investment process
Aims to provide long-term capital appreciation
Relatively low expense ratio of 0.00%

⚠️ Primary Risks

Equity market risk - the fund is exposed to the volatility of the U.S. stock market
Momentum investing risk - momentum strategies can underperform during certain market conditions
Concentration risk - the fund may have significant exposure to a small number of stocks
Rebalancing risk - frequent portfolio rebalancing can incur trading costs

👤 Best For

This ETF may be suitable for growth-oriented investors with a long-term investment horizon who are seeking exposure to U.S. equities exhibiting strong momentum characteristics. Investors should be comfortable with the volatility and risks associated with a momentum-based equity strategy.