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
Finance
Stocks99.84%
Electronic Technology24.97%
Finance23.17%
Retail Trade9.88%
Health Technology8.62%
Utilities8.25%
Consumer Non-Durables8.21%
Producer Manufacturing6.31%
Technology Services3.61%
Industrial Services1.77%
Consumer Durables1.20%
Consumer Services1.05%
Non-Energy Minerals0.86%
Commercial Services0.68%
Process Industries0.61%
Miscellaneous0.32%
Health Services0.26%
Transportation0.06%
Bonds, Cash & Other0.16%
Mutual fund0.14%
Cash0.02%
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