This ETF Was Built to Capture the Market’s Big Shifts. Where It Is Headed Now.

The has won a big following among investors with an ambitious promise: Beat the market by capitalizing on shifts in sentiment between factors such as growth, value, and quality. After years of favoring almost exclusively tech stocks connected to artificial intelligence, investors suddenly can’t get enough of hard-hat sectors such as energy, materials, and industrials. Over the past six months, the fund—often referred to by its ticker DYNF—has delivered a cumulative total return of 6.1%, according to FactSet slightly better than the S&P 500’s 5.7% return.