High-Beta ETFs To Bet On Renewed Market Momentum

VictoryShares Nasdaq Next 50 ETF (QQQN - Free Report) – Beta: 1.53

It offers exposure to the new generation of innovators: 50 stocks that are next in line for inclusion on the Nasdaq-100 Index. The ETF tracks the Nasdaq Q-50 Index, charging investors 29 bps in annual fees. Information technology takes the largest share at 42.5% while consumer discretionary, communication services, and healthcare round off the next three spots. QQQN has amassed $142.5 million in its asset base and trades in an average daily volume of 14,000 shares.

Invesco S&P SmallCap 600 Revenue ETF (RWJ - Free Report) – Beta: 1.50

RWJ offers exposure to securities of the S&P SmallCap 600 but is weighted by revenues instead of market capitalization. It is home to 594 securities with the key holdings in consumer discretionary, industrials and financials. The ETF has AUM of $623 million and an expense ratio of 0.39%. It trades in an average daily volume of about 57,000 shares and has a Zacks ETF Rank #3 with a High risk outlook.

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