FSZ vs. IMOM ETF Comparison
Comparison of First Trust Switzerland AlphaDex Fund (FSZ) to International Quantitative Momentum ETF (IMOM)
FSZ
First Trust Switzerland AlphaDex Fund
FSZ Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Switzerland Index. The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in stocks and/or depositary receipts that comprise the index. It, using an "indexing" investment approach, attempts to replicate, before fees and expenses, the performance of the index. The index is designed by S&P to objectively identify and select securities from the S&P Switzerland BMI Index. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$69.28
Average Daily Volume
2,595
3
IMOM
International Quantitative Momentum ETF
IMOM Description
The investment seeks long-term capital appreciation. Under normal circumstances, the fund seeks to achieve its investment objective by investing primarily-generally greater than 80%, but at least 65% of its net assets, plus any borrowings for investment purposes-in equity securities of international companies that Empowered Funds, LLC ("the Adviser") believes, based on quantitative analysis, have positive momentum. A "momentum" style of investing emphasizes investing in securities that have had higher recent total return performance compared to other securities. It is non-diversified.Grade (RS Rating)
Last Trade
$28.23
Average Daily Volume
6,045
4
Performance
Period | FSZ | IMOM |
---|---|---|
30 Days | 1.67% | 1.27% |
60 Days | 6.78% | 13.37% |
90 Days | 5.86% | -0.63% |
12 Months | 22.95% | 20.97% |
0 Overlapping Holdings
Symbol | Grade | Weight in FSZ | Weight in IMOM | Overlap |
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FSZ: Top Represented Industries & Keywords
IMOM: Top Represented Industries & Keywords