Validea: ETFs with High Momentum Exposure and High Active Share

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
RZG	Invesco S&P SmallCap 600-� Pure Gr ETF	$142,951,300	0.35%	129	100.00%	0.35%	89.48%	88	47	41	96	14
XSVM	Invesco S&P SmallCap Value with Momt ETF	$225,115,000	0.39%	120	100.00%	0.39%	92.94%	93	97	14	97	9
XSMO	Invesco S&P SmallCap Momentum ETF	$172,407,900	0.39%	119	100.00%	0.39%	90.53%	87	32	22	98	12
XMVM	Invesco S&P MidCap Value with Momt ETF	$101,759,400	0.39%	79	100.00%	0.39%	94.82%	75	98	36	90	21
XMMO	Invesco S&P MidCap Momentum ETF	$951,077,500	0.34%	80	100.00%	0.34%	92.77%	70	22	45	95	28
SVAL	iShares US Small Cap Value Factor ETF	$117,320,000	0.20%	288	100.00%	0.20%	84.57%	96	97	27	93	28
PSCD	Invesco S&P SmallCap Cnsmr Discret ETF	$106,453,200	0.29%	91	100.00%	0.29%	94.21%	90	75	23	99	5
DWMC	AdvisorShares Dorsey Wright Micro-Cp ETF	$8,082,748	1.32%	165	100.00%	1.32%	97.37%	99	51	16	99	8
IWC	iShares Micro-Cap ETF	$1,372,888,000	0.60%	1,284	100.00%	0.60%	84.20%	99	53	13	94	13
GLRY	Inspire Faithward Mid Cap Mmntm ESG ETF	$39,594,020	0.85%	51	100.00%	0.85%	96.99%	77	46	55	98	15
FYC	First Trust Small Cap Gr AlphaDEX-� ETF	$443,500,400	0.71%	263	100.00%	0.71%	81.70%	89	26	8	97	7
CALF	Pacer US Small Cap Cash Cows 100 ETF	$250,774,800	0.59%	100	100.00%	0.59%	94.98%	97	98	27	93	10
DWAS	Invesco DWA SmallCap Momentum ETF	$659,210,900	0.60%	202	100.00%	0.60%	89.81%	95	38	7	99	2
AADR	AdvisorShares Dorsey Wright ADR ETF	$75,797,530	1.10%	39	99.83%	1.10%	99.98%	38	50	30	97	25
BOUT	Innovator IBD-� Breakout Opps ETF	$22,054,410	0.80%	25	99.77%	0.80%	98.70%	71	37	55	96	10
FNY	First Trust Mid Cap Growth AlphaDEX-� ETF	$444,963,700	0.70%	226	99.70%	0.70%	80.75%	74	13	20	95	10
QCLN	First Trust NASDAQ-� Cln Edge-� GrnEngyETF	$2,529,276,000	0.60%	54	98.36%	0.61%	97.78%	59	6	7	98	5
QMOM	Alpha Architect US Quantitative Momt ETF	$119,010,000	0.49%	50	98.12%	0.50%	95.04%	60	1	8	99	3
IVDG	Invesco Focused Discovery Growth ETF	$1,280,617	0.59%	41	98.05%	0.60%	99.65%	46	6	62	93	29
DWEQ	AdvisorShares DW Alpha Equal Weight ETF	$79,405,090	1.03%	42	97.84%	1.05%	97.51%	56	32	23	94	12
ARKK	ARK Innovation ETF	$23,367,160,000	0.75%	56	97.66%	0.77%	98.15%	47	1	5	93	4
FFTY	Innovator IBD-� 50 ETF	$246,251,400	0.80%	50	97.30%	0.82%	97.77%	59	52	49	99	8
FEVR	Inspire Faithward Large Cp Mmntm ESG ETF	$27,077,020	0.85%	54	96.89%	0.88%	99.22%	40	15	46	94	29
DVLU	First Trust Dorsey Wright Momt & Val ETF	$34,465,480	0.60%	51	96.07%	0.62%	99.36%	57	97	40	97	14
ARKX	ARK Space Exploration & Innovation ETF	$6,250,623,000	0.75%	53	95.50%	0.79%	99.67%	22	1	6	92	4
PDP	Invesco DWA Momentum ETF	$2,318,376,000	0.62%	102	92.45%	0.67%	93.22%	49	13	54	95	22
SLT	Pacer Salt High truBeta US Market ETF	$12,531,430	0.60%	101	92.23%	0.65%	96.54%	48	19	7	96	4
BUYZ	Franklin Disruptive Commerce ETF	$38,009,900	0.50%	62	91.01%	0.55%	99.46%	18	2	10	98	8
PWC	Invesco Dynamic Market ETF	$127,579,700	0.58%	102	90.93%	0.64%	95.80%	48	44	61	91	29
SPHB	Invesco S&P 500-� High Beta ETF	$1,659,452,000	0.25%	100	88.64%	0.28%	99.88%	45	68	9	93	7
ENTR	ERShares Entrepreneur ETF	$133,942,300	0.49%	69	88.26%	0.56%	98.60%	29	2	10	90	9
KOMP	SPDR-� S&P Kensho New Economies Comps ETF	$1,980,457,000	0.20%	409	84.27%	0.24%	89.81%	54	21	13	91	13