Has anyone considered this ETF, Invesco Momentum Index Fund (PTF)
Many of its holdings are the same companies that are discussed and owned on this board.
YTD return is to date 48%, and not coincidentally its one of the best, if not the best ETF YTD.
I’m assuming it’s using algorithms to decide which stocks to hold. I’m not sure yet what their churn rate is.
For those that may not have the confidence to pick which high growth stocks to be invested in, it might be a good alternative to be in a basket of stocks of many of the companies discussed here in one ETF.
I have a small position for now, but may add on any decent size pullbacks.
I should have added this list of PTF index funds current holdings. I’m not sure how fast the companies are being churned, how active this fund is yet. Thought it would be interesting to shares its holdings at least as an example of the type of stocks it owns.
Paycom Software Inc Ordinary shares 5.04%
Enphase Energy Inc Ordinary shares 4.06%
RingCentral Inc Ordinary shares 3.68%
Match Group Inc Ordinary shares 3.60%
Everbridge Inc Ordinary shares 3.56%
Veeva Systems Inc Ordinary shares 3.56%
Okta Inc Ordinary shares 3.54%
Alteryx Inc Ordinary shares 3.48%
Coupa Software Inc Ordinary shares 3.47%
Cadence Design Systems Inc Ordinary shares 3.33%
Twilio Inc Ordinary shares 3.33%
MongoDB Inc Ordinary shares 3.32%
Adobe Inc Ordinary shares 3.21%
Intuit Inc Ordinary shares 2.98%
SBA Communications Corp Ordinary shares 2.96%
ServiceNow Inc Ordinary shares 2.83%
Verisign Inc Ordinary shares 2.83%
Zendesk Inc Ordinary shares 2.74%
Advanced Micro Devices Inc Ordinary shares 2.69%
Zscaler Inc Ordinary shares 2.60%
HubSpot Inc Ordinary shares 2.58%
CDW Corp Ordinary shares 2.41%
Smartsheet Inc Ordinary shares 2.39%
SS&C Technologies Holdings Inc Ordinary shares 2.31%
This board is about growth stocks, not ETFs.
I can see by your coat, my friend, you’re from the other side…
off topic here. and also look at 2018’s performance: 0.98%
terrible by anyone’s metrics.
Cripes,Tryingmybest. Haven’t you read the RULES OF THE BOARD? As RBG said, this board is for individual growth stocks, not ETFs.
Please END THIS THREAD!