Momentum investing is likely to be a winning strategy for those seeking higher returns in a short spell.
AMOM is an AI-powered ETF that holds a portfolio of 50 large-cap stocks selected for their momentum features. Its expense ratio is 0.75%, and AMOM has $23 million in assets. Since its launch six years ago, AMOM has yet to attract many investors, and the lack of interest could lead to liquidation sometime soon if results don't improve. Inconsistency is AMOM's main problem. The portfolio turns over about once every two months, and my factor-tracking over the last year suggests quality is not a focus for AI.
Qraft's Francis Oh joins to talk about the AMOM A.I. ETF. Top holdings include Nvidia (NVDA), Apple (AAPL), and Eli Lilly (LLY).
![]() AMOM In 9 months Estimated | Other | $0.02 Per Share |
![]() AMOM 2 weeks ago Paid | Other | $0.02 Per Share |
![]() AMOM 26 Dec 2023 Paid | Quarterly | $0.07 Per Share |
![]() AMOM 26 Sep 2023 Paid | Quarterly | $0.02 Per Share |
![]() AMOM 27 Jun 2023 Paid | Quarterly | $0.02 Per Share |
![]() AMOM 27 Mar 2023 Paid | Quarterly | $0.04 Per Share |
![]() AMOM In 9 months Estimated | Other | $0.02 Per Share |
![]() AMOM 2 weeks ago Paid | Other | $0.02 Per Share |
![]() AMOM 26 Dec 2023 Paid | Quarterly | $0.07 Per Share |
![]() AMOM 26 Sep 2023 Paid | Quarterly | $0.02 Per Share |
![]() AMOM 27 Jun 2023 Paid | Quarterly | $0.02 Per Share |
![]() AMOM 27 Mar 2023 Paid | Quarterly | $0.04 Per Share |
ARCA Exchange | US Country |
The fund presents an innovative approach to investment, focusing predominantly on large capitalization companies in the U.S. It operates as an actively-managed ETF (Exchange Traded Fund) that leverages the complex capabilities of artificial intelligence to refine and execute its investment strategies. Distinguishing itself by the novel use of technology, the fund embodies a forward-thinking methodology where investment decisions are informed and enhanced through AI analysis. This strategic adoption of AI aims to identify promising investment opportunities by processing vast amounts of data more efficiently than traditional methods, demonstrating a modern fusion of finance and technology.
This service forms the core of the fund's offerings, utilizing an advanced AI Quantitative Investment System developed by Qraft. By integrating artificial intelligence, the strategy aims to optimize investment outcomes through sophisticated data analysis and filtering. This system evaluates securities of U.S.-listed large capitalization companies to inform the fund's investment decisions, aiming to outperform traditional investment approaches by leveraging technology.
As a fundamental product, the fund concentrates on investing in securities of large capitalization companies located in the U.S. It commits at least 80% of its net assets (plus any borrowed funds for investment purposes) to this segment, embodying a specific focus on market leaders. The active management component signifies that the fund is not passively tracking an index but is instead being curated by experienced fund managers, underpinned by AI insights to navigate the complexities of the financial markets.
This characteristic emphasizes the fund's focused investment approach, which does not broadly diversify across multiple sectors or asset classes. Instead, it reallocates its assets with a concentration on a relatively smaller number of securities. This strategy is predicated on the belief that a concentrated allocation to large cap U.S. companies, as informed by AI-enhanced analysis, can deliver significant returns. Despite the potential for higher volatility due to the non-diversified nature, the fund relies on artificial intelligence to mitigate risks and uncover opportunities within its focused investment thesis.