MTUMiShares Edge MSCI U.S.A. Momentum Factor ETF
MTUM Fund Description
The iShares Edge MSCI USA Momentum Factor ETF tracks an index of large- and midcap US equities, selected and weighted based on price appreciation over 6- and 12-month periods and low volatility over the past 3 years.
MTUM Factset Analytics Insight
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. Its on-screen liquidity is decent, and block liquidity is aided by a relatively small basket of large and midcap stocks. MTUM offers factor-based exposure at a competitive fee, with an expense ratio rivals those from some plain-vanilla cap-weighted funds.
MTUM MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 24, 2018 the iShares Edge MSCI U.S.A. Momentum Factor ETF MSCI ESG Fund Quality Score is 5.76 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. MTUM ranks in the 92nd percentile within its peer group and in the 61st percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
MTUM CHARTS AND PERFORMANCE
MTUM Top 10 Countries
MTUM Top 10 Sectors
MTUM Top 10 Holdings [View All]
MTUM Portfolio Management
MTUM Tax Exposures
MTUM Fund Structure
MTUM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of MTUM. MTUM is rated a 5 out of 5.
MTUM Sector/Industry Breakdown
MTUM TOP 10 HOLDINGS[View All]
MTUM Economic Development
MTUM Performance Statistics
MTUM MSCI ESG Ratings
MTUM BENCHMARK COMPARISON SUMMARY
MTUM BENCHMARK COMPARISON MARKET CAP SIZE