FT U.S. Momentum UCITS ETF

The FT U.S. Momentum UCITS ETF is an exchange-traded fund designed to provide exposure to U.S. large-cap equities exhibiting the strongest price momentum. Managed by First Trust Global Portfolios, the ETF tracks the US Momentum iNDEX Index, which selects 180 of the largest U.S. companies based on robust, quantifiable momentum signals. These signals measure price trends over both eight-month and 50-day periods versus their respective moving averages, capturing stocks with sustained upward trajectories. A notable feature of this ETF is its incorporation of valuation checks, which serve as a safeguard against overly volatile or significantly overvalued stocks, offering a more balanced approach than pure momentum strategies. The fund undergoes quarterly rebalancing to ensure alignment with prevailing market trends and momentum factors. Structured as a UCITS-compliant, physically replicated ETF and domiciled in Ireland, it operates with an accumulating share class, reinvesting any income for investors. This ETF plays a distinctive role in the market by allowing investors to efficiently target the momentum factor within a diversified portfolio of leading U.S. equities, while mitigating typical risks associated with momentum investing through its built-in risk management constraints.