The momentum factor has delivered surprising out-performance of its value rival this year, and there is no shortage of momentum-based exchange-traded funds investors can use to exploit that trend.
Also, there is a new kid on the block worth considering.
New ETF
The PowerShares DWA Tactical Sector Rotation Portfolio (NASDAQ: DWTR) debuted Friday, becoming the latest in a long line of PowerShares ETFs backed by Dorsey Wright's widely followed, momentum-based methodology.
Illinois-based PowerShares is a unit of Invesco Ltd. (NYSE: IVZ), and is the fourth-largest U.S. ETF issuer.
DWTR tracks the Dorsey Wright Sector 4 Index, which “is designed to gain exposure to the strongest relative strength sectors in the US through the universe of nine PowerShares DWA sector Momentum ETFs,” according to PowerShares.
In plain English, that means DWTR ...
/www.benzinga.com/trading-ideas/long-ideas/15/10/5902268/the-final-four-new-etf-focuses-on-four-momentum-funds alt=The Final Four: New ETF Focuses On Four Momentum Funds>Full story available on Benzinga.com
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