MMTM

SPDR S&P 1500 Momentum Tilt ETF
*Unless otherwise stated, data provided by FactSet.

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's momentum play has yet to catch on with investors. The fund 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 subportfolios 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. While the fund takes some extra market risk, it avoids the larger bets of some competitors. Investors haven't bought in however. Liquidity and assets are weak, but a major fee cut in February 2015 improves the outlook for investor interest.

MMTM MSCI ESG Analytics Insight

SPDR S&P 1500 Momentum Tilt ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.68 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 56th percentile within its peer group and in the 67th 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 Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 11/11/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MMTM 2.03% 3.47% 24.12% 11.75% 15.62% 10.74% --
MMTM (NAV) 2.12% 3.50% 23.93% 11.59% 15.22% 10.82% --
S&P 1500 Positive Momentum Tilt Index 2.14% 3.54% 24.06% 11.70% 15.39% 10.96% --
MSCI USA IMI 4.11% 5.97% 24.97% 12.73% 14.36% 10.54% 13.21%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MMTM Summary Data

SPDR
10/24/12
Open-Ended Fund
0.12%
$56.30M
$235.49K
0.17%

MMTM Portfolio Data

$230.02B
24.41
4.09
1.51%
12/23/19
1337

MMTM Index Data

Momentum
Market Cap
MSCI USA IMI

MMTM Portfolio Management

0.12%
-0.12%
-0.06%
-0.18%

MMTM Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

MMTM Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Medium
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

MMTM Factset Analytics Block Liquidity

As of 11/12/19
5
4
3
2
1

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 Tradability

1,814
$235.49K
1,337
$174.72K
0.17%
$0.22
0.01%
2.77% / -1.03%
None
100.00%
25,000
0.05
0.09%
0.00%
0
$132.31
5

MMTM Sector/Industry Breakdown


MMTM
Segment Benchmark
27.74%
25.68%
14.50%
13.47%
14.32%
17.35%
12.77%
13.17%
10.07%
10.60%
8.69%
6.96%
5.10%
3.50%
2.74%
2.91%
2.28%
2.09%
1.79%
4.28%

MMTM Top 10 Holdings[View All]

Apple Inc. 2.21%
AT&T Inc. 1.61%
21.91%

MMTM Countries


MMTM
Segment Benchmark
100.00%
99.92%
--
0.08%

MMTM Regions


MMTM
Segment Benchmark
100.00%
100.00%

MMTM Economic Development


MMTM
Segment Benchmark
100.00%
100.00%

MMTM Performance Statistics

0.97
1.00
1.05
1.02
0.19%
MSCI USA IMI

MMTM MSCI ESG Ratings

BBB
5.68 / 10
67.28
56.22
10.14%
6.14%
214.35

MMTM Benchmark Comparison Holdings

1337
2411
1,306
70.45%

MMTM Benchmark Comparison Summary


MMTM
Segment Benchmark
1337
2411
$230.02B
$206.73B
24.41
24.01
4.09
3.14
1.73%
1.88%
Low
Low

MMTM Benchmark Comparison Market Cap Size


MMTM
Segment Benchmark
90.45%
82.53%
8.03%
13.05%
1.47%
3.99%
0.05%
0.43%