Key stats
About ISHARES MSCI USA MOMENTUM FACTOR ETF
Expense ratio
0.15%
Home page
Inception date
Apr 16, 2013
MTUM aims to pick stocks that have steadily increased in price lately. It selects and weights stocks by looking at both 6- and 12-month holding period returns, scaled by the volatility of returns over the past three years. In other words, the fund uses modified Sharpe ratios to find stocks with a smooth, positive trend line. The resulting, small-basket portfolio (it only ever holds between roughly 100 and 350 different stocks) makes large sector bets and carries high market risk. MTUM offers factor-based exposure in an efficient wrapper.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Producer Manufacturing
Stocks99.75%
Electronic Technology28.62%
Technology Services15.74%
Finance14.35%
Producer Manufacturing11.72%
Retail Trade8.50%
Health Technology7.83%
Consumer Services2.71%
Transportation1.75%
Distribution Services1.72%
Utilities1.72%
Industrial Services1.50%
Consumer Durables1.31%
Energy Minerals1.04%
Non-Energy Minerals0.50%
Consumer Non-Durables0.32%
Commercial Services0.25%
Process Industries0.13%
Health Services0.06%
Bonds, Cash & Other0.25%
Mutual fund0.24%
Cash0.01%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history