About MTUM ETF
BLACKROCK USA MOMENTUM FACTOR ETF (MTUM) tracks the MSCI USA Index and invests in large and midcap US equities, weighted based on price appreciation over 6 and 12-month periods with low volatility over the past 3 years. MTUM has a 59% exposure to technological and financial sector. Healthcare and Industrials account for over 30% exposure. The fund holds 100+, makes large sector bets and carries high market risk.
Still Marveling at a Momentum ETF
If Volatility Rises, Be Careful With Momentum ETFs (MTUM)
About the Fund Manager:
Founded in 1988, Blackrock is the largest asset manager in the world managing $6.28T. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries. Due to its power and the sheer size and scope of its financial assets and activities, BlackRock has been called the world's largest shadow bank.
How did we identify this ETF:
A complete pool of 2100+ ETFs are screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R-Squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team MTUM???s liquidity is decent, and has a competitive fee leading to the selection in the segment. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.