The market is back in action, and it’s moving fast. After a wild drop in April, the S&P 500 has made a big comeback this May. It’s now in the green for 2025, even after Moody’s downgraded the U.S. credit rating. Investors are feeling good, and Wall Street is turning bullish again.

Big players like Goldman Sachs just raised their year-end target for the S&P 500 to 6100. Yardeni Research bumped theirs up to 6500. Wells Fargo is shooting even higher, with a wild 7000 target.

What’s helping all this optimism? A 90-day truce in the U.S.-China tariff fight and strong earnings from tech giants. That’s sparked fresh interest in a certain kind of strategy: momentum investing.

Hottest Momentum ETFs Right Now

Momentum ETFs focus on stocks that are already going up. It’s kind of like jumping on a moving train, you’re betting it’ll keep going. This strategy works especially well in fast-moving markets like the one we’re seeing now.

If you’re looking to ride the wave, here are five ETFs that are built for this moment:

1. SPMO (Invesco S&P 500 Momentum ETF)

Tracks 100 high-momentum S&P 500 stocks. Tech is the biggest slice here at 21%. It has $7.5B in assets and trades at around 1.4M shares daily.

2. MTUM (iShares MSCI USA Momentum Factor ETF)

Has 123 stocks with a heavy 24.2% financial sector tilt. It’s one of the largest in the group with $16.8B in assets.

3. AMOM (Qraft AI-Enhanced U.S. Large Cap Momentum ETF)

This one uses AI to pick 50 strong momentum names. Tech dominates the portfolio at over 36%.

4. MMTM (SPDR S&P 1500 Momentum Tilt ETF)

This is the most diversified, with over 1400 stocks. Tech, financials, and consumer names lead the way.

5. JMOM (JPMorgan U.S. Momentum Factor ETF)

Focuses on risk-adjusted momentum. Has 270 stocks and $1.5B in assets, with tech again taking the top spot at nearly 35%.

Closing Bell

With the market heating up, momentum ETFs could be a smart short-term play. They let you ride trends while keeping things simple. Just remember, trends don’t last forever. But for now, the train’s moving fast, and it’s picking up steam.