iShares MSCI USA Momentum Factor ETF
MTUM
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- Apr 18, 2013
- CIK
- 0001100663
- Website
- ishares.com
- Similar Companies
- Business
- iShares MSCI USA Momentum Factor ETF (MTUM) is an exchange-traded fund that seeks to track the investment results of the MSCI USA Momentum SR Variant Index, which comprises U.S. large- and mid-capitalization stocks exhibiting relatively higher price momentum, selected and weighted based on price appreciation over 6- and 12-month periods combined with low volatility over the past three years. The fund employs a representative sampling technique to replicate the index's performance, investing in momentum stocks across diversified sectors and market capitalizations; it offers investors exposure to approximately 125 holdings, with a net expense ratio of 0.15% and total net assets exceeding $19 billion. Launched on April 16, 2013, by BlackRock Fund Advisors, a subsidiary of BlackRock, Inc., and domiciled in the United States, MTUM trades on U.S. exchanges and targets institutional and retail investors seeking factor-based equity strategies. The ETF operates primarily in the U.S. equity market, focusing on the domestic large- and mid-cap segment without emphasis on sustainable, impact, or ESG strategies. It undergoes semi-annual rebalances, typically at the end of May and November, to reflect evolving momentum characteristics in its underlying index. Headquartered in Wilmington, Delaware, as part of iShares Trust, the fund benefits from BlackRock's global infrastructure while concentrating geographic operations on U.S.-listed securities. In recent developments, MTUM has demonstrated strong performance, delivering a year-to-date total return of 24.85% and a one-year return of 27.91% as of late 2025, outperforming broader market benchmarks amid momentum-driven market trends. Institutional ownership has expanded, with entities such as Bank of New York Mellon Corp increasing holdings by 1.9% in the second quarter of 2025 to over 219,000 shares, alongside adjustments by firms like Symmetry Partners LLC and GAMMA Investing LLC. While the fund itself has not undergone structural changes, its sponsor BlackRock completed the acquisition of ElmTree Funds in 2025 and announced further private markets expansions, enhancing overall platform capabilities that indirectly support ETF operations. Quarterly index rebalances in 2025 have incorporated recent market winners, sustaining the ETF's alignment with high-momentum U.S. equities.