MMTMSPDR S&P 1500 Momentum Tilt ETF
MMTM Fund Description
MMTM tracks a tiered index that weights securities from the S&P 1500 according to a combination of their market capitalization and their price momentum over the previous 12 months.
MMTM Factset Analytics Insight
MMTM offers a momentum play on stocks from the S&P Composite 1500 index — a cap-weighted combination of the S&P 500 index, the S&P MidCap 400 index, and the S&P SmallCap 600 index. It applies an alternative weighting methodology that overweights the recent best-performing stocks at the expense of the poorest. It does so by ranking stocks by their trailing 11-month performance before breaking them into 20 groups. These sub-portfolios each have the same weight, but stocks within them are weighted by market-cap. Since the portfolio is rebalanced quarterly, the exposure is more dynamic than cap-weighted funds, and sector exposures will oscillate more.
MMTM MSCI ESG Analytics Insight
SPDR S&P 1500 Momentum Tilt ETF has an MSCI ESG Fund Rating of AA based on a score of 7.65 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. SPDR S&P 1500 Momentum Tilt ETF ranks in the 66th percentile within its peer group and in the 63th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
MMTM 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.
MMTM Summary Data
MMTM Portfolio Data
MMTM Index Data
MMTM Portfolio Management
MMTM Tax Exposures
MMTM Fund Structure
MMTM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of MMTM. MMTM is rated a 5 out of 5.
MMTM Top 10 Holdings[View All]
MMTM Economic Development
MMTM Performance Statistics
MMTM MSCI ESG Ratings
MMTM Benchmark Comparison Summary
MMTM Benchmark Comparison Market Cap Size