M1WOUMO MSCI World ex USA Momentum Index

The Index measures the performance of large- and mid-capitalization developed international stocks exhibiting relatively higher momentum characteristics. A momentum value is determined for each stock in the MSCI World ex USA Index by combining the stock’s recent 12-month and 6-month local price performance. This momentum value is then risk-adjusted to determine the stock’s momentum score. A fixed number of securities with the highest momentum scores are included in the Index, generally covering about 30% of the parent index market cap. Constituents are weighted by the product of their momentum score and their market cap.

As of 10/26/2021

Index Information
Provider:     MSCI
Category1:  Global Equity
Category2:  Developed markets ex-US
Category3:  Large and mid cap
Currency:    USD
Inception date:  12/11/2013
Backtesting data exists:   Yes
Weighting methodology:   Momentum score
Factsheet:  Read PDF
Number of holdings:  296

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