What do you think about this ETF? It looks very promising to me, as it’s composed by non-financial stocks that are next-eligible for inclusion in the NASDAQ-100 Index and the weight of each stock is capped at 4% of the total. It’s something very different from all the other market cap weighted index etfs. Are you thinking to introduce it in one of your rotational strategies?
This is an interesting ETF. However not much history to do backtests and i did not find any backtests even on the invesco web site. I will however do some tests with it.