iShares MSCI USA Momentum Factor ETF
$313.11−1.98 (−0.63%)
- 0.15%
- $20.3B
- +26.9%
- 0.59%
- 1.6M sh
- $319.94
- low $229.42high $345.59
The ETF.net MTUM Grade
B
Score 63 out of 100
- 12 of 30
Score 63 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.A81 out of 100Rank 5 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.B57 out of 100Rank 18 of 23Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D34 out of 100Rank 24 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A71 out of 100Rank 7 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C44 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.A88 out of 100Rank 2 of 30
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
- 129
- 36%
- AMD
Sectors
- Information Technology54.0%
- Industrials10.2%
- Health Care9.3%
- Energy9.2%
- Financials5.2%
- Communication4.8%
- Consumer Staples2.9%
- Real Estate1.7%
- Consumer Discretionary1.7%
- Materials0.8%
- Utilities0.2%
Geography
- United States98.76%
- Ireland0.44%
- United Kingdom0.38%
- Switzerland0.25%
- Cayman Islands0.17%
MTUM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
MTUM$12,690
Returns run to the Oct 12, 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 | +26.4% |
| 1 month | +2.8% |
| 3 months | −1.9% |
| 1 year | +26.9% |
| 3 years | +31.5% |
| 5 years | +13.4% |
| 10 years | +16.6% |
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 | MTUM |
|---|---|---|
| 2026 YTD | +26.4% | |
| 2025 | +22.2% | |
| 2024 | +32.9% | |
| 2023 | +9.2% | |
| 2022 | −18.3% | |
| 2021 | +13.4% | |
| 2020 | +29.8% |
MTUM in the news
MTUM Dividends
- 0.59%
- $1.85
- $0.60 per share
- Quarterly
Distribution history
MTUM Risk
- 20.4%
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.
- 1.27
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
0.15%
MTUM0.15%
- The middle half of US Factor Index funds
- Median 0.30%
4 of the 30 US Factor Index funds charge less.
Other funds in US Factor Index
- BPRFInvesco RAFI US 1000 ETFExpense ratio 0.34%1 year return +28.2%
- BNULCNuveen ESG Large-CapExpense ratio 0.21%1 year return +22.0%
- BFDMOFidelity Momentum Factor ETFExpense ratio 0.15%1 year return +18.5%
- CEQRRProShares - Equities for Rising Rates ETFExpense ratio 0.35%1 year return +44.4%
- CSPHBInvesco S&P 500 High Beta ETFExpense ratio 0.25%1 year return +41.2%