Australian (ASX) Stock Market Forum

Trend ETFs

probably not what you were looking for but

https://www.marketindex.com.au/scans/death-cross

Market Index has some interesting scan choices ( that include ETFs in the results )
I am more looking at a dynamic etf doing basic trending in its stock selection ,;
Sometimes hidden into a small cap etf, etc
The top 20 growing stocks within the xxx index or something like that.
 
now i poke into ETFS a fair bit ( without using the microscope) , but i don't remember an ETFs that does that

sure they decide there is a niche ( say 'robotics ' )and throw a bunch of shares into that theme

maybe a 'managed fund ' trading on the AQUA market might get close

now ASIA tries to pick Asian growth stocks but nothing comes to mind focused on ASX stocks

maybe an obscure LIC ?

Betashares Australian Momentum ETFASX: MTUM


sounds promising until you get to the holdings

Company Weighting
Commonwealth Bank 10.2%
National Australia Bank 10.1%
Wesfarmers 10.0%
ANZ Bank 9.7%
Goodman Group 9.7%
Westpac Bank 8.2%
James Hardie Industries PLC 4.1%
Cochlear 3.8%
Suncorp Group 2.5%
carsales.com 2.1%
 
is trending the same as momentum ?
.
most providers have these.
Roughly for what i am looking for, a momentum etf would be ok with me.
Basically looking at a lazy way to do what i do with my systemic approaches:
Get in on momentum/ trending higher, with best momentum as selected stock, get out back to cash on stagnant or falling SP.
I do not really care if daily or weekly, whole of market or sector.
Statistically, it will beat the market easily on any long term
There are such etf/funds in the us.
If nothing available here, i will keep my system here on asx and try to get these etf/funds on the us exchange
 
Roughly for what i am looking for, a momentum etf would be ok with me.
Basically looking at a lazy way to do what i do with my systemic approaches:
Get in on momentum/ trending higher, with best momentum as selected stock, get out back to cash on stagnant or falling SP.
I do not really care if daily or weekly, whole of market or sector.
Statistically, it will beat the market easily on any long term
There are such etf/funds in the us.
If nothing available here, i will keep my system here on asx and try to get these etf/funds on the us exchange
ASX:MTUM

Sounds like what your after.
 
ASX:MTUM

Sounds like what your after.
given the stocks in the basket , i would think @qldfrog would be unimpressed

it seems to be a top 100 ETF with an unusual algorithm for weighting

Proven investment approach Momentum investing is a proven approach that seeks to identify stocks that show a recent trend of outperforming the broad market, based on the theory that such trends are likely to persist.

WES and GMG yes i can see the logic there but the BIG 4 banks and SUN after it has just off-loaded the banking arm
 
given the stocks in the basket , i would think @qldfrog would be unimpressed

it seems to be a top 100 ETF with an unusual algorithm for weighting

Proven investment approach Momentum investing is a proven approach that seeks to identify stocks that show a recent trend of outperforming the broad market, based on the theory that such trends are likely to persist.

WES and GMG yes i can see the logic there but the BIG 4 banks and SUN after it has just off-loaded the banking arm
I don't believe it is based on any fundamentals just price movements..
 
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