JMOM ETF

JMOM has a "hold" rating because of various factors, such as its strong past performance but also high valuations and risks associated with its top holdings. The fund targets large-cap U.S. stocks that show positive price trends and follows a rules-based strategy, all while maintaining a low expense ratio of 0.12%. Important considerations include the risks linked to major holdings like Broadcom and Apple, as well as the possibility that small-cap stocks may perform better than large-cap stocks in 2025.

The JPMorgan U.S. Momentum Factor ETF chooses stocks from the Russell 1000 based on their risk-adjusted returns over the past year. This ETF is well-diversified and has a sector distribution similar to its main index, with a higher focus on technology. However, while its valuation is comparable to the Russell 1000, its performance has not been very impressive.

At last, someone sees the trend in the S&P 500 as a positive sign. In mid-August, the Invesco S&P 500 Momentum ETF (SPMO) saw its net inflows for 2024 almost double.