Key stats
About SPDR S&P 1500 Momentum Tilt ETF
Expense ratio
0.12%
Home page
Inception date
Oct 24, 2012
MMTM offers a momentum play on stocks from the S&P Composite 1500 index a cap-weighted combination of the S&P 500 index, the S&P MidCap 400 index, and the S&P SmallCap 600 index. It applies an alternative weighting methodology that overweights the recent best-performing stocks at the expense of the poorest. It does so by ranking stocks by their trailing 11-month performance before breaking them into 20 groups. These sub-portfolios each have the same weight, but stocks within them are weighted by market-cap. Since the portfolio is rebalanced quarterly, the exposure is more dynamic than cap-weighted funds, and sector exposures will oscillate more.
Classification
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.