Key stats
About ISHARES TRUST 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
Finance
Electronic Technology
Retail Trade
Technology Services
Stocks99.84%
Finance25.39%
Electronic Technology19.73%
Retail Trade10.35%
Technology Services10.12%
Health Technology7.90%
Utilities5.99%
Producer Manufacturing5.62%
Consumer Non-Durables3.48%
Consumer Services3.17%
Communications3.08%
Industrial Services2.01%
Consumer Durables0.90%
Commercial Services0.80%
Process Industries0.75%
Miscellaneous0.33%
Health Services0.12%
Transportation0.11%
Bonds, Cash & Other0.16%
Mutual fund0.15%
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