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MMTM: A Watered-Down Momentum ETF
SPDR S&P 1500 Momentum Tilt ETF uses a momentum-based weighting methodology within the S&P 1500 Composite Index. MMTM's portfolio is heavily concentrated in information technology and its top 10 issuers. Despite marginally outperforming the S&P 1500 since 2012, MMTM shows no significant performance or risk metric gap compared to its parent index.
Seekingalpha | 2 years ago
Momentum ETF (MMTM) Hits New 52-Week High
For investors seeking momentum, SPDR S&P 1500 Momentum Tilt ETF MMTM is probably on the radar. The fund just hit a 52-week high and is up 46.08% from its 52-week low price of $172.61/share.
Zacks | 2 years ago
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