When bull markets are indicated, the Index evaluates over 100 ETFs and aims to hold 6 momentum leading ETFs, four in the Economic Sectors category and two in the Geopolitical Sectors category. Due to permitted duplicate selection, the Index may at times hold as few as 4 unique ETFs.
Economic Sector ETFs include ETFs that invest primarily in one of several economic sector categories, such as healthcare, energy, technology, and finance.
Geopolitical Sector ETFs include ETFs that invest primarily in a particular world region, such as Europe, Latin America, and the Asia Pacific, or any of the many individual countries of the world.
The Index employs multiple AI and signal processing tools that seek to identify momentum leaders and genetically evolve its underlying strategies as it attempts to learn market behavior.
Momentum leaders are evaluated and selected on a monthly basis when bull markets are indicated.