7Mon·

Good morning everyone,


Can someone explain to me what the $XDEM (-0.24%) does exactly? And would it make sense to save in this rather than my $IWDA (-0.25%) to save?


Kind regards!

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Quite simply:
A Z-momentum score is assigned to all securities in the MSCI World,
based on the price performance of the last 12 and 6 months.
The 25% of stocks with the highest Z-momentum score are then included in the index.
Every 6 months (May / November), the index is then reviewed again and rebalanced if necessary.
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There is no Tesla and no Apple in the momentum, so the performance is top
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It has the strongest momentum on the market. It's too blatant! Most powerful yield machine
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