Is Invesco S&P 500 Momentum Index ETF Halal?

MOM.F.NE was created on 2017-01-12 by Invesco. The fund's investment portfolio concentrates primarily on large cap equity. The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the S&P 500 Momentum Index, or any successor thereto, on an unhedged basis, in the case of any unhedged units, or on a hedged basis, in the case of any hedged units.