Momentum Powers XMMO: Low Yield, High Costs, Big Returns
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XMMO, a mid-cap momentum ETF, outperforms peers like MDY and SPMO with superior 10-year returns despite higher expenses and lower dividends. It tracks the S&P MidCap 400 Momentum Index and adjusts semi-annually based on momentum scores, capturing market sentiment shifts.
December 04, 2024 | 2:45 pm
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POSITIVE IMPACT
XMMO, a mid-cap momentum ETF, offers superior 10-year returns compared to peers like MDY and SPMO, despite higher expenses and lower dividends. It tracks the S&P MidCap 400 Momentum Index and adjusts semi-annually based on momentum scores.
XMMO's strategy of tracking the S&P MidCap 400 Momentum Index and its superior 10-year returns make it attractive to investors, despite higher costs and lower dividends. The semi-annual adjustments based on momentum scores help capture market sentiment shifts, which is a positive indicator for future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
MDY, a peer to XMMO, is outperformed by XMMO in terms of 10-year returns. XMMO's momentum strategy and semi-annual adjustments give it an edge over MDY.
MDY is directly compared to XMMO in terms of performance, and XMMO's superior returns may lead investors to favor XMMO over MDY, potentially impacting MDY's attractiveness.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
SPMO, another peer to XMMO, is outperformed by XMMO in 10-year returns. XMMO's momentum strategy and semi-annual adjustments provide a competitive advantage.
SPMO is mentioned as a peer to XMMO, and the superior performance of XMMO may lead investors to prefer XMMO, potentially affecting SPMO's market position.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50