Nasdaq Dorsey Wright is a recognized global leader in momentum investing. Advisors rely on its flagship “Relative Strength” system that powers the investment decisions for $11 billion in assets. Dorsey Wright and Nasdaq are one of the largest smart-beta providers, with over $450 billion tracking their indexes.
The ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA), which is the topic for the discussion that will follow, seeks investment results, before fees and expenses, that track the performance of the Nasdaq-100 Dorsey Wright Momentum Index.
According to many studies, momentum has been one of the best performing factors over the long run while the Nasdaq 100 Index has been one of the best performing indexes for many years as well. In this study, combining the two together increased both absolute and risk-adjusted returns over the Nasdaq 100 Total Return Index alone.
We’ve gathered the experts on momentum investing for an informative discussion about opportunities in today’s market.
Tom Dorsey, co-founder of Dorsey Wright & Associates, will explore the history and philosophy of the firm, and how his unique take on stock-picking—the development of “relative strength” modeling—made Dorsey Wright a pioneer in the investing world. He’ll offer his views of current market sentiment and why he’s a firm believer in the benefits of rules-based investing.
Jay Gragnani of Nasdaq Dorsey Wright will discuss the Nasdaq-100 Dorsey Wright Momentum Index, a unique momentum-based strategy that identifies the top-performing companies in the bellwether Nasdaq-100 Index. Jay will explain how relative strength works and how stocks are selected—or dropped—each quarter.
Finally, Simeon Hyman of ProShares will highlight the only ETF that tracks this index—ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA). Simeon will demonstrate ways to fit QQQA into investor portfolios.
A Q&A session will follow the main presentation.
Don’t miss it! Register now.
We are roughly two months removed from seeing US Equity make its way back to the number one ranked asset class in the Nasdaq Dorsey Wright DALI (Dynamic Asset Level Investing) tool. This is the eighth time going back to 2000 that US Equity has been the number one ranked asset class.
Technical analysis is built on the idea that markets and securities are actionable through analysis of historical trends. No firm has been as dominant and successful in the field of technical analysis that Dorsey Wright, the 30-year old Virginia-based firm that is now part of Nasdaq.