Highest Active Share Momentum ETFs

Momentum exposure measures how well a fund's holdings have performed. We measure both price momentum (how much the stocks have gone up relative to their peers) and fundamental momentum (how fast their underlying businesses have been growing). To measure price momentum, we use the 12-1 return, which is a stock's return in the past 12 months, excluding the most recent month. The most recent month is excluded because short-term momentum often tends to reverse, so excluding it provides a better momentum signal.

ETFs with High Momentum Exposure and High Active Share

Ticker	ETF Name	Total Assets	Expense Ratio	Total Holdings	Active Share vs. S&P 500	Active Fee	Active Share vs. Russell 2000	Size Exposure	Value Exposure	Quality Exposure	Price Momentum Exposure	Low Volatility Exposure
SVAL	iShares US Small Cap Value Factor ETF	$94,802,250	0.20%	283	100.00%	0.20%	87.84%	95	97	23	92	23
PSCD	Invesco S&P SmallCap Cnsmr Discret ETF	$134,773,600	0.29%	88	100.00%	0.29%	94.96%	92	87	25	93	5
XSVM	Invesco S&P SmallCap Value with Momt ETF	$356,227,800	0.39%	121	100.00%	0.39%	93.35%	94	99	17	95	7
XSMO	Invesco S&P SmallCap Momentum ETF	$171,885,500	0.39%	115	100.00%	0.39%	91.06%	87	36	15	95	11
XMVM	Invesco S&P MidCap Value with Momt ETF	$244,752,700	0.39%	82	100.00%	0.39%	95.53%	76	99	36	94	12
FDM	First Trust Dow Jones Sel MicroCap ETF	$161,184,200	0.60%	149	100.00%	0.60%	97.77%	99	90	35	90	28
GLRY	Inspire Faithward Mid Cap Mmntm ESG ETF	$42,242,800	0.85%	45	100.00%	0.85%	96.78%	78	51	42	97	9
RZV	Invesco S&P SmallCap 600- Pure Value ETF	$387,840,500	0.35%	166	100.00%	0.35%	92.56%	98	98	10	92	8
DWMC	AdvisorShares Dorsey Wright Micro-Cp ETF	$9,374,605	1.32%	166	100.00%	1.32%	97.42%	99	68	15	99	10
DWAS	Invesco DWA SmallCap Momentum ETF	$628,622,800	0.60%	201	100.00%	0.60%	87.38%	93	40	5	99	2
CALF	Pacer US Small Cap Cash Cows 100 ETF	$395,726,700	0.59%	101	100.00%	0.59%	94.96%	97	97	31	90	8
AADR	AdvisorShares Dorsey Wright ADR ETF	$79,377,970	1.10%	37	99.84%	1.10%	99.94%	45	91	40	98	29
QMOM	Alpha Architect US Quantitative Momt ETF	$92,460,000	0.49%	51	99.45%	0.49%	97.17%	70	41	14	99	4
CRUZ	Defiance Hotel Airline and Cruise ETF	$1,609,371	0.45%	39	99.40%	0.45%	99.60%	62	7	1	96	7
QCLN	First Trust NASDAQ- Cln Edge- GrnEngyETF	$2,548,969,000	0.60%	54	98.43%	0.61%	98.19%	61	5	6	95	3
DWEQ	AdvisorShares DW Alpha Equal Weight ETF	$79,248,120	1.03%	42	98.05%	1.05%	99.69%	54	50	25	94	15
EOPS	Emles Alpha Opportunities ETF	$76,334,010	1.95%	73	97.27%	2.00%	98.50%	69	82	9	97	2
FFTY	Innovator IBD- 50 ETF	$239,353,300	0.80%	51	97.01%	0.82%	98.20%	49	11	19	98	6
DVLU	First Trust Dorsey Wright Momt & Val ETF	$28,538,200	0.60%	51	96.92%	0.62%	99.90%	57	99	37	96	13
DDIV	First Trust Dorsey Wright Momt & Div ETF	$43,818,720	0.60%	51	95.52%	0.63%	99.90%	54	90	36	90	22
SYLD	Cambria Shareholder Yield ETF	$274,442,900	0.59%	101	93.56%	0.63%	98.07%	56	98	37	91	22
SLT	Pacer Salt High truBeta US Market ETF	$7,033,148	0.60%	101	92.24%	0.65%	98.40%	49	22	7	95	4
PWC	Invesco Dynamic Market ETF	$129,033,400	0.58%	101	91.24%	0.64%	97.23%	51	80	57	92	33
EQRR	ProShares Equities for Rising Rates ETF	$7,955,662	0.35%	51	90.29%	0.39%	99.87%	34	80	22	93	23
PDP	Invesco DWA Momentum ETF	$2,169,284,000	0.62%	101	89.75%	0.69%	97.98%	41	11	54	95	31
SPHB	Invesco S&P 500- High Beta ETF	$2,048,647,000	0.25%	101	88.82%	0.28%	99.87%	45	55	10	96	7
MTUM	iShares MSCI USA Momentum Factor ETF	$13,449,540,000	0.15%	129	80.96%	0.19%	99.94%	25	35	41	97	28