Why is the Momentum Factor ETF (MTUM) Underperforming? The momentum factor shows that stocks that have outperformed over the previous 6-12 months tend to outperform going forward. So why is the Momentum Factor ETF (MTUM) underperforming? We'll discuss the construction of this popular ETF and why its current holdings are causing a drag on performance, as well as how investors can use technical analysis to better capture price momentum.












