#Momentum isn't all the same. The parameters such as time frame of lookback, how momentum is defined as an equation, position sizing method, and any volatility type overlays can have a material impact. 
But on the downside, all three of these #Momentum momentum indexes trended together, which tells me the edge of the S&P Momentum index was in getting exposure to higher upside momentum stocks that continued their trends.
Here is the same time frame as above, 3 years, and we see on #Momentum index significantly captured the velocity of momentum and dominated in relative strength.
@threadreaderapp unroll
