MTUM iShares MSCI USA Momentum Factor ETF

Seeks to track, before fees and expenses, the MSCI USA Momentum Index. A momentum value is determined for each stock in the MSCI USA Index (about 625 mid and large cap stocks) 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 each MSCI Momentum Index, or about 125 stocks. The 125 stocks are weighted by the product of their momentum score and their market cap. The Index is rebalanced semiannually as of the close of the last business day of May and November; in addition, ad hoc rebalancing may occur, triggered by spikes in market volatility.

$189.61  -0.29 (-0.15%)
As of 10/26/2021 16:00:00 EST     IEX book   CBOE book


ETF Information
Sponsor:     iShares
Category1:  US Equity
Category2:  Broad market
Category3:  Large and mid cap
Morningstar category:  Large Growth
Leverage factor:  1.00
Inception date:  04/16/2013
Index tracking method: Passive replication
Current yield:  0.45%
Historical average yield:  1.11%
Market cap:  $16,494,440,000
Average volume:  878,641
Fees:     0.1500%

Index Information
MSCI USA Momentum Index
Index symbol:  M2US000$
Provider:   MSCI
Index weighting:   Momentum score
Index inception date:  02/15/2013
Backtesting data exists:   Yes
Index factsheet:  Read PDF
Number of holdings:  125
Strategy:  Momentum
Rebalanced:  Semi-annually
Reconstituted:  Semi-annually
Factors used to select securities:

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