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.
Returns
| Performance | YTD | 1Y | 3Y | 5Y |
|---|---|---|---|---|
| Blackrock USA Momentum Factor ETF | 5.69% | 54.01% | 19.49% | 20% |
Asset Class
Asset type breakdown
MTUM Holdings - Top 10
| Namei | Weightage (%) | |
|---|---|---|
| Tesla, Inc | 6.16% | |
| Microsoft Corporation | 5.26% | |
| Apple Inc | 4.84% | |
| NVIDIA Corporation | 4.67% | |
| Amazon.com, Inc | 4.66% | |
| PayPal Holdings, Inc | 4.23% | |
| Adobe Inc | 2.89% | |
| Alphabet Inc | 2.83% | |
| Thermo Fisher Scientific Inc | 2.73% | |
| Danaher Corporation | 2.32% |
MTUM Sectors/Industry Breakdown
| Sectori | % of market value | |
|---|---|---|
| Technology | 35.35% | |
| Consumer Cyclicals | 18.68% | |
| Communication Services | 14.75% | |
| Healthcare | 12% | |
| Industrials | 7.02% | |
| Financial Services | 5.68% | |
| Consumer Defensive | 3.40% | |
| Basic Materials | 1.40% | |
| Utilities | 1.37% | |
| Real Estate | 0.33% |
MTUM Countries
| Countryi | % of market value | |
|---|---|---|
| North America | 97.90% | |
| Latin America | 1.20% | |
| Asia Emerging | 0.90% |
Projected Returns
Returnsbased on historic SIP returns of 12.90% per annum
MTUM Summary Data
| Total Net Assets | $ | i |
| Average Mkt Cap Mil | $ | i |
| Symbol | MTUM | |
| Exchange | BATS | |
| ISIN | US46432F3964 |
| Cat. Benchmark | S&P 500 TR USD | |
| Asset class | Equity | |
| Category | Large Growth | |
| Country | US |
MTUM Portfolio Data & Volatility Analysis
| Net Expense Ratio | 0.15 | i |
| Beta | 0.91 | i |
| Valuations Rates Portfolio PE | 33.99637 | i |
| 3 Year Standard Deviation | 18.11 | i |
Fund Strategy
The investment seeks to track the investment results of the MSCI USA Momentum Index. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks.
MTUM Fact Sheets & Reports
About iShares by Blackrock
"iShares" is a gathering of ETFs managed by Blackrock. Blackrock is an American investment management corporation founded in 1988. Some iShares ETFs are actively managed but most funds track a bond or share market index.
