Summary
MTUM: Momentum Turns Cheap, But That Doesn't Mean Buy
I reiterate a hold rating on iShares MSCI USA Momentum Factor ETF (MTUM) after a volatile but strong first half of 2026. MTUM's recent alpha was concentrated in a short Q2 rally; otherwise, performance has been sideways or highly volatile. Valuation is now attractive, with MTUM trading at 18.8x P/E, below the S&P 500, and sector exposure has shifted toward Technology, Industrials, and Energy.
If The Stock Market Bottomed Last Week: These 3 Stocks Could Triple From Today's Prices
Are momentum stocks on the verge of a major recovery? Consider this: the iShares MSCI USA Momentum Factor ETF (CBOE:MTUM) fell from $345.22 on June 22 to $302.09 on Friday, July 17, and has rebounded since.
MTUM Investors: Watch Micron's Weight at the November Reconstitution
The iShares MSCI USA Momentum Factor ETF (NYSEARCA:MTUM) has run hard this year, climbing 30% year to date and 38% over the past 12 months to roughly $326.
iShares MSCI USA Momentum Factor ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 46,907 | $13.35M | $13.88M | $534,124.17 | 4% |
 Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 488 | $123,916.58 | $144,113.72 | $20,197.14 | 16.3% |
 Curtis Ellergodt Rothschild Investment LLC | 295 | $73,841 | $87,278.7 | $13,437.7 | 18.2% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 299,827 | $102.79M | $88.56M | -$14.23M | -13.85% |
| TC Tyler Chaisson COMPASS CAPITAL Corp. /MA/ /ADV | 2,549 | $527,439.08 | $753,305.97 | $225,866.89 | 42.82% |
iShares MSCI USA Momentum Factor ETF (MTUM) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has iShares MSCI USA Momentum Factor ETF ever had a stock split?
iShares MSCI USA Momentum Factor ETF Profile
| BATS Exchange | US Country |
Overview
The provided description outlines an investment fund that is designed to track the performance of an underlying index, which is based on stocks showing higher momentum characteristics compared to those in the traditional market capitalization-weighted MSCI USA Index. This approach suggests an investment strategy focused on capitalizing on the momentum of certain stocks, reflecting an active management style aimed at outperforming the general market through the selection of securities that exhibit stronger performance trends. The fund commits to investing at least 80% of its assets in the securities that are part of its underlying index or in investments that mirror the economic characteristics of those securities, indicating a significant adherence to its investment thesis while allowing for a degree of flexibility in portfolio management.
Products and Services
- Component Securities Investment -
The fund invests primarily in the securities that constitute its underlying index. This is a core service offering, leveraging the economic characteristics of these securities to aim for returns that are reflective of the underlying index's performance. The emphasis on investing a large portion of its assets in these securities aligns with the fund's strategy to mirror the momentum-based performance of its chosen index.
- Momentum-based Strategy -
A distinctive characteristic of the fund's investment approach is the focus on stocks exhibiting higher momentum compared to those in the MSCI USA Index. This involves selecting stocks that have shown a tendency to increase in price more significantly than others within the parent index. It's a strategy aimed at investors seeking to capitalize on trends, with the fund's performance heavily dependent on the ability to accurately identify and invest in high-momentum stocks.
