Momentum Is Big Factor in ETF Race

The video tutorial discusses smart beta ETFs, focusing on the momentum factor, which is one of the key criteria driving these investment products. Momentum is explained as a market trend where stocks that perform well continue to do so due to herd behavior. The video highlights the performance of momentum ETFs, noting their growth and returns over recent years, particularly during the Trump trade. It also covers popular momentum ETF products like MTOM and PDP, detailing their strategies and market performance.

What are the names of the two major momentum ETFs mentioned in the text, and what do they focus on?

How do the different momentum ETFs mentioned in the text attempt to follow market trends?