State Street SPDR S&P 1500 Momentum Tilt ETF
$291.75−3.90 (−1.32%)
- 0.12%
- $130M
- +1.1%
- 0.93%
- 2.58K sh
- low $270.46high $323.52
The ETF.net MMTM Grade
B
Score 65 out of 100
- 9 of 30
Score 65 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A93 out of 100Rank 3 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.A84 out of 100Rank 7 of 23Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D33 out of 100Rank 23 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D29 out of 100Rank 23 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C43 out of 100Rank 20 of 30Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C50 out of 100Rank 18 of 30
Our read on MMTM
In short
BMost momentum funds cut the market down to a hundred-odd winners. MMTM keeps roughly 1,500 US large, mid and small caps and just reweights them: strong momentum overweight, laggards underweight, for 0.12% a year.
Stated mandate
The fund seeks to track, before fees and expenses, the total return of the S&P 1500 Positive Momentum Tilt Index. The index emphasizes stocks with stronger recent price momentum.
Why people hold it
Worth knowing
MMTM Holdings
- Stocks
- 1,490
- 36%
- AAPL
Sectors
- Technology40.4%
- Health Care12.3%
- Financials9.7%
- Communication8.6%
- Industrials8.5%
- Energy6.4%
- Consumer Discretionary5.1%
- Consumer Staples4.3%
- Materials2.1%
- Real Estate1.8%
- Utilities0.8%
Geography
- United States99.37%
- Switzerland0.32%
- United Kingdom0.14%
- Mexico0.09%
- Ireland0.05%
- China0.01%
- Brazil0.01%
- Sweden0.01%
MMTM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
MMTM$10,110
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MMTM |
|---|---|
| Year to date | +1.8% |
| 1 month | −3.7% |
| 3 months | −1.3% |
| 1 year | +1.1% |
| 3 years | +19.9% |
| 5 years | +9.6% |
| 10 years | +14.2% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MMTM |
|---|---|---|
| 2026 YTD | +1.8% | |
| 2025 | +13.2% | |
| 2024 | +29.9% | |
| 2023 | +22.5% | |
| 2022 | −16.1% | |
| 2021 | +26.3% | |
| 2020 | +19.3% |
MMTM in the news
MMTM Dividends
- 0.93%
- $2.74
- $0.66 per share
- Quarterly
MMTM Risk
- 14.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.03
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −23.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.03
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
MMTM Cost
Overpaying vs MGV, cheapest in US Factor Index
$1,460
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
MMTM 0.12%
$2,520
MGV 0.05% Cheapest
$1,060
Cost over time
Year by year
| Year | MMTM | MGV | Overpaying |
|---|---|---|---|
| 10 | $220 | $92 | $128 |
| 20 | $859 | $360 | $499 |
| 30 | $2,520 | $1,060 | $1,460 |
Other funds in US Factor Index
- BSPMOInvesco S&P 500 Momentum ETFExpense ratio 0.13%1 year return +12.9%
- BPRFInvesco RAFI US 1000 ETFExpense ratio 0.34%1 year return +24.7%
- BNULCNuveen ESG Large-CapExpense ratio 0.21%1 year return +14.6%
- BGARPiShares MSCI USA Quality GARP ETFExpense ratio 0.15%1 year return +13.1%
- BMTUMiShares MSCI USA Momentum Factor ETFExpense ratio 0.15%1 year return +12.5%
