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Alpha Architect U.S. Quantitative Momentum ETF (QMOM)

57.87 -0.68 (-1.16%)
At close: 4:00 PM EDT

ETF Summary

The Adviser employs a multi-step, quantitative, rules-based methodology to identify a portfolio of approximately 50 to 200 equity securities with the highest relative momentum. A “momentum” style of investing emphasizes investing in securities that have had higher recent total return performance compared to other securities. The Adviser then employs proprietary screens to eliminate companies with issues that may negatively impact their momentum. The fund may also invest up to 20% of its assets in cash and cash equivalents, other investment companies, as well as securities and other instruments.

ETF Overview

Category Mid-Cap Growth
Fund Family Alpha Architect
Net Assets 254.91M
YTD Daily Total Return 17.44%
Yield 0.74%
Legal Type Exchange Traded Fund

ETF Operations

Attributes QMOM Category Average
Annual Report Expense Ratio (net) 0.29% 1.08%
Holdings Turnover 193.00% 82.17%
Total Net Assets 26,324.74 26,324.74

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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