{"id":3309,"date":"2026-01-31T16:00:00","date_gmt":"2026-01-31T15:00:00","guid":{"rendered":"https:\/\/mueckinvest.de\/?p=3309"},"modified":"2026-01-31T16:00:02","modified_gmt":"2026-01-31T15:00:02","slug":"%e2%9a%a1factor-strategy-momentum","status":"publish","type":"post","link":"https:\/\/mueckinvest.com\/en\/%e2%9a%a1faktorstrategie-momentum\/","title":{"rendered":"\u26a1Factor strategy: Momentum"},"content":{"rendered":"<p class=\"wp-block-paragraph\"><strong>Investing in shares with strong trend behaviour<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The \u201eMomentum\u201c factor strategy focuses on shares that have performed above average in the recent past. The idea behind it: Trends tend to continue. Momentum ETFs systematically filter the strongest winners of recent months and bundle them in a rule-based portfolio.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83d\udd0d What does \u201emomentum\u201c mean?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Momentum indices select companies based on their <strong>Share price development<\/strong> from. Typical criteria:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Strong performance in the last 6-12 months<\/li>\n\n\n\n<li>Relative strength compared to the overall market<\/li>\n\n\n\n<li>Trend stability<\/li>\n\n\n\n<li>Smaller setbacks during corrections<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The strategy is based on one of the best-documented market phenomena: <strong>Winners often remain winners<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83e\udded Why is the momentum strategy interesting?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Momentum companies are characterised by:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Clear trend movements<\/li>\n\n\n\n<li>Strong demand from investors<\/li>\n\n\n\n<li>Often positive news situation<\/li>\n\n\n\n<li>High relative strength<\/li>\n\n\n\n<li>Above-average returns in trend phases<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Historically, Momentum is one of the <strong>most profitable factors<\/strong>, but with higher fluctuations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83d\udcca Structure &amp; characteristics of a momentum ETF<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Index:<\/strong> z.\u202fB. MSCI World Momentum<\/li>\n\n\n\n<li><strong>Regions:<\/strong> global, focus on industrialised countries<\/li>\n\n\n\n<li><strong>Replication:<\/strong> Physical<\/li>\n\n\n\n<li><strong>Utilisation of earnings:<\/strong> mostly accumulating<\/li>\n\n\n\n<li><strong>TER:<\/strong> approx. 0.25-0.35 %<\/li>\n\n\n\n<li><strong>Sectors:<\/strong> Highly variable, depending on current trends<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Momentum ETFs are regularly recomposed to reflect current winners.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83d\udcc8 Opportunities<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Historically high returns<\/li>\n\n\n\n<li>benefits from strong market trends<\/li>\n\n\n\n<li>rule-based and emotion-free<\/li>\n\n\n\n<li>Good addition to Value or Quality<\/li>\n\n\n\n<li>Dynamic adjustment to market phases<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">\u26a0\ufe0f Risks<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>High volatility<\/li>\n\n\n\n<li>Trend breaks can lead to rapid setbacks<\/li>\n\n\n\n<li>More frequent reallocations<\/li>\n\n\n\n<li>Sector rotations can be strong<\/li>\n\n\n\n<li>not suitable as sole world ETF<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83e\udde9 Role in the portfolio<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Momentum is suitable as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>growth-orientated satellite<\/li>\n\n\n\n<li>Supplement to defensive strategies such as quality or minimum volatility<\/li>\n\n\n\n<li>Tactical component in trend phases<\/li>\n\n\n\n<li>Long-term addition for investors willing to take risks<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The strategy is particularly interesting for investors who want to profit from market trends without having to actively trade.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\ud83d\udcdd Conclusion<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The momentum strategy pools shares with strong price performance and systematically exploits the trend behaviour of the markets. It offers high potential returns, but also higher fluctuations. As a supplement to a broadly diversified global ETF, momentum can be a dynamic building block for growth-orientated portfolios.<\/p>","protected":false},"excerpt":{"rendered":"<p>Investieren in Aktien mit starkem Trendverhalten Die Faktorstrategie \u201eMomentum\u201c konzentriert sich auf Aktien, die in der j\u00fcngeren Vergangenheit \u00fcberdurchschnittlich gut gelaufen sind. Die Idee dahinter: Trends neigen dazu, sich fortzusetzen. Momentum\u2011ETFs filtern systematisch die st\u00e4rksten Gewinner der letzten Monate und b\u00fcndeln sie in einem regelbasierten Portfolio. \ud83d\udd0d Was bedeutet \u201eMomentum\u201c? Momentum\u2011Indizes w\u00e4hlen Unternehmen anhand ihrer [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[59],"tags":[158,128],"class_list":["post-3309","post","type-post","status-publish","format-standard","hentry","category-themen-deep-dive","tag-usa","tag-volatilitaet","pmpro-has-access"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/mueckinvest.com\/en\/wp-json\/wp\/v2\/posts\/3309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mueckinvest.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mueckinvest.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mueckinvest.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mueckinvest.com\/en\/wp-json\/wp\/v2\/comments?post=3309"}],"version-history":[{"count":1,"href":"https:\/\/mueckinvest.com\/en\/wp-json\/wp\/v2\/posts\/3309\/revisions"}],"predecessor-version":[{"id":3310,"href":"https:\/\/mueckinvest.com\/en\/wp-json\/wp\/v2\/posts\/3309\/revisions\/3310"}],"wp:attachment":[{"href":"https:\/\/mueckinvest.com\/en\/wp-json\/wp\/v2\/media?parent=3309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mueckinvest.com\/en\/wp-json\/wp\/v2\/categories?post=3309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mueckinvest.com\/en\/wp-json\/wp\/v2\/tags?post=3309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}