IMTMiShares MSCI Intl Momentum Factor ETF
IMTM Fund Description
IMTM tracks an index of large- and midcap stocks from developed countries, ex-US. The momentum-selected stocks are weighted by market cap and momentum.
IMTM Factset Analytics Insight
IMTM, launched in January 2015, offers the first momentum-based ETF in the developed ex-US space. Selecting stocks from its Parent Index — MSCI World ex USA. It uses the same methodology as its US-focused sibling ETF, MTUM, whereby price momentum is measured by 6- and 12-month returns (less the risk-free rate), scaled by volatility (of weekly returns over the past 3 years). As such, the fund’s screens work similar to a Sharpe ratio that, on paper at least, should identify stocks with smoothly rising prices relative to their peers. Still, momentum strategies often exhibit higher market risk (beta) than vanilla ETFs. Weighting for index constituents is determined by multiplying the security’s momentum score by its market capitalization-weight in the Parent Index, with an individual capping scheme of 5%. The number of components is evaluated semi-annually.
IMTM MSCI ESG Analytics Insight
iShares MSCI Intl Momentum Factor ETF has an MSCI ESG Fund Rating of AA based on a score of 7.21 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. iShares MSCI Intl Momentum Factor ETF ranks in the 83th percentile within its peer group and in the 44th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IMTM MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
IMTM Portfolio Data
IMTM Index Data
IMTM Portfolio Management
IMTM Tax Exposures
IMTM Fund Structure
IMTM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IMTM. IMTM is rated a 5 out of 5.
IMTM Sector/Industry Breakdown
IMTM Top 10 Holdings[View All]
IMTM Economic Development
IMTM Performance Statistics
IMTM MSCI ESG Ratings
IMTM Benchmark Comparison Summary
IMTM Benchmark Comparison Market Cap Size