Tag archives: Momentum

Reasons To Avoid Momentum Based ETFs (WXM)

Last update on Jan. 13, 2015.

 

Over the last few years, we've seen a big increase in the number of ETFs in the market. Some of these new ETFs focus on specific sectors of the economy or countries, while others give us the opportunity to invest according to specific investment strategies. (If you want to learn more about ETFs, please read our free book).

One of the new ETFs that employs a specific strategy is the First Asset Morningstar Canada Momentum Index ETF (Ticker: WXM.TO). As the name suggests, this ETF selects stocks that have momentum. WXM.TO has performed very well since its ...

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