- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 1 Iron Street Boston MA United States of America 2210
- IPO Date
- Oct 25, 2012
- Business
- SPDR S&P 1500 Momentum Tilt ETF (MMTM) is an exchange-traded fund that seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 1500 Positive Momentum Tilt Index. The fund employs a momentum investment style, overweighting U.S. equity securities from the S&P Composite 1500 Index—comprising the S&P 500, S&P MidCap 400, and S&P SmallCap 600—that exhibit relatively high price momentum over the prior eleven months ending one month before rebalancing, while underweighting those with low momentum; it holds approximately 1,469 stocks with top holdings including NVIDIA Corp. (10.82%), Microsoft Corp. (7.26%), Broadcom Inc. (4.96%), Meta Platforms Inc. Class A (4.83%), and Amazon.com Inc. (3.32%), spanning sectors such as information technology (35.51%), financials (16.11%), and communication services (11.24%). Launched on October 24, 2012, and domiciled in the United States, MMTM trades on U.S. exchanges with a net expense ratio of 0.12%, total net assets of approximately $149 million, and a 30-day SEC yield of 0.82% as of September 30, 2025; it is issued and managed by State Street Global Advisors, a division of State Street Corporation headquartered in Boston, Massachusetts. The ETF targets investors seeking broad U.S. equity exposure with a positive momentum tilt across large-, mid-, and small-cap segments in developed markets. In recent developments, MMTM experienced notable performance volatility in 2025, ranking in the 91st percentile of the large blend category year-to-date after placing in the 3rd percentile for 2024 returns, amid broader momentum ETF challenges driven by selloffs in high-momentum technology stocks; fund flows reached $33.90 million over the prior year, supporting assets under management growth. No major acquisitions, partnerships, new product launches, or structural changes have been reported for the ETF within the last 1-2 years.