iShares MSCI USA Momentum Factor ETF
$316.68−1.23 (−0.39%)
- Expense ratio
- 0.15%
- Fund size
- $25.4B
- 1Y return
- +24.2%
- Yield · Last 12 months
- 0.58%
- Holdings
- 125
- Volume · 30D
- 1.5M sh
- NAV per share
- $316.27
- 52W range
The ETF.net MTUM Grade
Score 63 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 81Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.BScore 59Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 33Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 71Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 45Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 87Category rank
Our read on MTUM
BThe 2013 original that turned momentum into a mainstream factor bet. MTUM ranks large- and mid-cap US stocks by their 6- and 12-month gains divided by their volatility, so steady climbers outrank wild ones, then rebuilds a roughly 130-stock lineup on a set schedule.
The fund seeks to track an index of U.S. large- and mid-capitalization stocks with relatively high price momentum. Its strategy uses an index designed to emphasize stocks with stronger momentum characteristics than the MSCI USA parent index.
Why people hold it
- Momentum here is volatility-adjusted: 6- and 12-month price gains scaled by three-year volatility, which favors steady climbers over the jumpiest movers.msci.com
- 0.15% a year, a fraction of the typical fee among US momentum funds, and one of the stronger overall implementations in that peer group.
- Running since 2013 and now a multi-billion-dollar fund that trades actively, which generally means tight spreads and easy fills.
- The index spreads its rebalance trades over three days into the effective date and caps weights at the issuer level, both aimed at curbing turnover and concentration.msci.com
Worth knowing
- Roughly 130 names, chosen by what has been working, so sector tilts can get lopsided and stay that way between index reviews.msci.com
- Sharp reversals are momentum's classic weak spot: the portfolio resets at the scheduled May and November reviews, or sooner only if an ad-hoc trigger fires.msci.com
- Cheap but not cheapest: JMOM, VFMO and SPMO each charge slightly less for their own version of momentum.
MTUM Holdings
- Stocks
- 125
- 36%
- AMD
Sectors
- Technology51.4%
- Industrials10.7%
- Health Care10.2%
- Energy9.0%
- Financials6.0%
- Communication5.0%
- Cons. Staples2.9%
- Real Estate1.9%
- Consumer Discr.1.8%
- Materials0.9%
- Utilities0.2%
Geography
- United States98.77%
- Ireland0.42%
- United Kingdom0.41%
- Switzerland0.26%
- Cayman Islands0.14%
MTUM 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 | MTUM |
|---|---|
| Year to date | +27.5% |
| 1 month | +4.4% |
| 3 months | −7.7% |
| 1 year | +24.2% |
| 3 years | +32.5% |
| 5 years | +13.5% |
| 10 years | +16.4% |
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 | MTUM |
|---|---|---|
| 2026 YTD | +27.5% | |
| 2025 | +22.2% | |
| 2024 | +32.9% | |
| 2023 | +9.2% | |
| 2022 | −18.3% | |
| 2021 | +13.4% | |
| 2020 | +29.8% |
MTUM in the news
ETF.net Research hasn’t filed on MTUM yet — coverage lands here as it’s written.
MTUM Dividends
- 0.58%
- $1.85
- $0.60 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 15, 2026 | Sep 18, 2026 | $0.60 |
| Jun 15, 2026 | Jun 18, 2026 | $0.36 |
| Mar 17, 2026 | Mar 20, 2026 | $0.22 |
| Dec 16, 2025 | Dec 19, 2025 | $0.67 |
| Sep 16, 2025 | Sep 19, 2025 | $0.60 |
| Jun 16, 2025 | Jun 20, 2025 | $0.47 |
| Mar 18, 2025 | Mar 21, 2025 | $0.53 |
| Dec 17, 2024 | Dec 20, 2024 | $0.75 |
| Sep 25, 2024 | Sep 30, 2024 | $0.44 |
| Jun 11, 2024 | Jun 17, 2024 | $0.20 |
| Mar 21, 2024 | Mar 27, 2024 | $0.16 |
| Dec 20, 2023 | Dec 27, 2023 | $0.36 |
MTUM Risk
- 20.7%
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.
- 1.08
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.
- −32.3%
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.
- 1.24
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MTUM Cost
- The middle half of US Factor Index funds
- Median 0.30%
4 of the 29 US Factor Index funds charge less.