ARKK - An Excellent ETF For Momentum Investors
- Investors wanting some diversified exposure to stock market momentum leaders should consider the Invesco PTF fund.
- Interestingly enough, the #1 holding is not Tesla - it's Apple.
- Despite the quizzical omission of Tesla in the portfolio, PTF has returned 86% over the past year and has an impressive lineup of top-10 list holdings.
- Given the fund's valuation metrics, it likely presents a relatively high risk-reward proposition for most investors. That said, I like the fund. Investors wanting momentum ex-Tesla may also. Read on.
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An Excellent ETF For Momentum Investors