大盘因子表现低迷

Momentum factor is one of just three large-cap factor indices in negative territory MTD, alongside High Beta and Pure Growth; Equal Weight initially led Momentum earlier this year, but relationship reversed sharply in April; there have been some brief periods of broader participation, particularly in late July, when ratio came close to 100; Equal Weight has begun to recover relative to Momentum in October, however, relative performance gap remains negative for now