State Street SPDR S&P 1500 Momentum Tilt ETF
$307.97−3.23 (−1.04%)
- Expense ratio
- 0.12%
- Fund size
- $164M
- 1Y return
- +9.4%
- Yield · Last 12 months
- 0.88%
- Holdings
- 1472
- Volume · 30D
- 0M sh
- NAV per share
- $310.09
- 52W range
The ETF.net MMTM Grade
Score 67 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 93Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 85Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 40Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 34Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 41Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 52Category rank
Our read on MMTM
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.
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
- Costs 0.12% a year, well under half the 0.28% median for its US factor peer group. One of the cheaper ways to buy a momentum tilt.
- The whole S&P Composite 1500 stays in the portfolio (large, mid and small caps). Momentum changes the weights, not the roster, so nothing gets dropped for one bad quarter.spglobal.com
- Trading since 2012, which makes it one of the longer-running factor-tilt funds around. Distributions come quarterly.
Worth knowing
- Thinly traded with a modest asset base. Limit orders and a glance at the spread matter more here than with the giant factor ETFs.
- The tilt is gentle by design. Holding all 1,500 names keeps it close to the broad US market rather than a concentrated bet on recent winners.spglobal.com
- Weights follow recent price strength, so the fund leans into whatever has been running lately, crowded corners of the market included.ssga.com
MMTM Holdings
- Stocks
- 1,472
- 39%
- AAPL
Sectors
- Technology40.5%
- Health Care10.7%
- Communication10.6%
- Financials9.1%
- Industrials9.0%
- Consumer Discr.6.5%
- Energy4.3%
- Cons. Staples3.3%
- Materials2.3%
- Real Estate2.0%
- Utilities1.6%
Geography
- United States97.65%
- Ireland0.73%
- Singapore0.57%
- United Kingdom0.50%
- Switzerland0.26%
- Netherlands0.11%
- Bermuda0.10%
- Cayman Islands0.04%
- 0.02%
MMTM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +7.2% |
| 1 month | +2.1% |
| 3 months | −0.5% |
| 1 year | +9.4% |
| 3 years | +21.1% |
| 5 years | +12.2% |
| 10 years | +14.6% |
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 | +7.2% | |
| 2025 | +13.2% | |
| 2024 | +29.9% | |
| 2023 | +22.5% | |
| 2022 | −16.1% | |
| 2021 | +26.3% | |
| 2020 | +19.3% |
MMTM in the news
ETF.net Research hasn’t filed on MMTM yet — coverage lands here as it’s written.
MMTM Dividends
- 0.88%
- $2.74
- $0.66 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 23, 2026 | $0.66 |
| Jun 22, 2026 | Jun 24, 2026 | $0.87 |
| Mar 23, 2026 | Mar 25, 2026 | $0.60 |
| Dec 22, 2025 | Dec 24, 2025 | $0.60 |
| Sep 22, 2025 | Sep 24, 2025 | $0.63 |
| Jun 23, 2025 | Jun 25, 2025 | $0.66 |
| Mar 24, 2025 | Mar 26, 2025 | $0.62 |
| Dec 23, 2024 | Dec 26, 2024 | $0.63 |
| Sep 23, 2024 | Sep 25, 2024 | $0.57 |
| Jun 24, 2024 | Jun 26, 2024 | $0.51 |
| Mar 18, 2024 | Mar 21, 2024 | $0.45 |
| Dec 18, 2023 | Dec 21, 2023 | $0.47 |
MMTM Risk
- 14.8%
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.
- 0.90
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.
MMTM Cost
- The middle half of US Factor Index funds
- Median 0.30%
2 of the 29 US Factor Index funds charge less.