What Is XMTM?
The ETF has been designed to provide investors with exposure to the performance of an index, selected at the discretion of BlackRock Canada, that measures the performance of U.S. equity securities identified by the index provider as exhibiting positive momentum characteristics. The current index for the ETF is the MSCI USA Momentum SR Variant Index.
Set it, forget it, let compounding do the heavy lifting. 💪