AMOM, NYSE

QRAFT AI Enhanced U.S. Large Cap Momentum ETF (AMOM)

Price (as of October 25)

26.0759USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

GVLU

Gotham 1000 Value ETF

-0.27

CLTL

Invesco Treasury Collateral ETF

-0.23

FAZ

Direxion Daily Financial Bear 3x Shares

-0.22

ERY

Direxion Daily Energy Bear 2X Shares

-0.21

FXU

First Trust Utilities AlphaDEX Fund

-0.21

FVD

First Trust Value Line Dividend Index Fund

-0.21

FUTY

Fidelity MSCI Utilities Index ETF

-0.21

FTCS

First Trust Capital Strength ETF

-0.2

EMTY

ProShares Decline of the Retail Store ETF

-0.19

DMDV

AAM S&P DEVELOPED MARKETS HIGH DIVIDEND VALUE ETF

-0.18

Show more

Highest within Industry

Symbol Correlation

APRZ

TRUESHARES STRUCTURED OUTCOME (APRIL) ETF

0.84

ANEW

PROSHARES MSCI TRANSFORMATIONAL CHANGES ETF

0.83

AQGX

AI Quality Growth ETF

0.83

ARVR

First Trust IndxxMetaverse ETF

0.78

ARKX

ARK Space Exploration & Innovation ETF

0.78

AOA

iShares Core Aggressive Allocation ETF

0.77

AOR

iShares Core Growth Allocation ETF

0.75

ARKQ

ARK Autonomous Technology & Robotics ETF

0.74

AOM

iShares Core Moderate Allocation ETF

0.73

ARMR

Armor US Equity Index ETF

0.73

Show more

Profile

Sector:
Large Growth
Industry:
Exchange Traded Funds

The fund is an actively-managed ETF that seeks to achieve its investment objective by utilizing an investment strategy enhanced by the use of artificial intelligence. The fund invests at least 80% of its net assets, plus the amounts of any borrowings for investment purposes, in securities of U.S.-listed large capitalization companies. The Adviser consults a database generated by Qraft’s AI Quantitative Investment System, which automatically evaluates and filters data according to parameters supporting a particular investment thesis. The fund is non-diversified.