With Cyclical ETFs Roaring Back, Consider Industrial Interests February 19, 2021
A shifting political environment and easy monetary policy are among the factors rewarding for cyclical stocks at the present. The industrial sector is one promising way for investors to home in on a cyclical recovery. Enter the
PRN tracks the Dorsey Wright Industrials Technical Leaders Index, which is designed to identify companies that are showing relative strength (momentum), and is composed of at least 30 securities from the NASDAQ US Benchmark Index. Relative strength is the measurement of a security’s performance in a given universe over time as compared to the performance of all other securities in that universe.