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
Technology Services
Electronic Technology
Health Technology
Stocks99.77%
Technology Services29.27%
Electronic Technology23.19%
Health Technology10.14%
Retail Trade9.13%
Producer Manufacturing7.85%
Finance5.83%
Consumer Services3.68%
Distribution Services3.37%
Transportation1.91%
Energy Minerals1.32%
Utilities1.26%
Consumer Durables1.05%
Industrial Services0.82%
Non-Energy Minerals0.32%
Consumer Non-Durables0.28%
Commercial Services0.23%
Process Industries0.13%
Bonds, Cash & Other0.23%
Mutual fund0.22%
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