TipRanks is now powering the index of an ETF based on its proprietary data, the Defiance KSM TipRanks Analyst ETF, trading on the NYSE under the ticker symbol "RANK."

RANK tracks the performance of the TipRanks US Momentum Analysts Index, which stands out for combining two distinctive pieces of data: Wall Street analyst conviction and positive price momentum. The index considers both how bullish Wall Street analysts are on a stock and whether the shares are actually trending higher.

The past performance of the TipRanks US Momentum Analysts Index has been outstanding. Year-to-date, it has risen by 34.58%, significantly higher than the 10.01% rise of the S&P 500. Additionally, over a 12-month period, the Index has risen by 42.56%, which is about twice the rise of the S&P in the same period.

"We believe that retail investors deserve access to the exact same cutting-edge insights as the world's top hedge funds," said Uri Greenbaum, CEO and Co-Founder of TipRanks. "RANK is designed to do exactly that – filtering out the market noise and giving investors a clear, systematic way to follow Wall Street's highest-conviction ideas."

Defiance ETFs, a leader in thematic and leveraged exchange-traded funds, created the index-based ETF.

Top 10 holdings include:

Micron (MU)
Walmart (WMT)
Amazon.com (AMZN)
GE Aerospace (GE)
Eli Lilly (LLY)
Applied Materials (AMAT)
Nvidia (NVDA)
Lam Research (LRCX)
GE Vernova (GEV)
Broadcom (AVGO)

To read more about the ETF, click here.

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