This Nvidia-heavy investing strategy has been outperforming the S&P 500
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Exchange-traded funds that track indexes can work well for investors because they can ride along with rising markets with low fees that enhance long-term returns. And it is difficult for active managers to match or outperform a broad index such as the S&P 500, in part because of their high fees. But the straight index-tracking approaches can be modified by various factors.
An example of a passive ETF approach that has fared well during this period of high inflation has been the Invesco S&P 500 Momentum ETF
SPMO. This fund currently holds 99 stocks of companies within the benchmark S&P 500 SPX that have the highest “momentum scores.” The…
