Key stats
About ISHARES TRUST MSCI USA MOMENTUM FACTOR ETF
Home page
Inception date
Apr 16, 2013
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
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. MTUM offers factor-based exposure in an efficient wrapper.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Electronic Technology
Stocks99.77%
Finance25.40%
Technology Services17.66%
Electronic Technology17.62%
Retail Trade9.91%
Producer Manufacturing4.06%
Utilities3.91%
Consumer Durables3.80%
Health Technology3.70%
Consumer Non-Durables3.04%
Communications2.96%
Consumer Services2.66%
Industrial Services2.04%
Commercial Services1.86%
Process Industries0.50%
Miscellaneous0.38%
Transportation0.24%
Health Services0.04%
Bonds, Cash & Other0.23%
Mutual fund0.21%
Cash0.02%
Stock breakdown by region
North America98.61%
Europe1.39%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history