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.
MTUM: Momentum Investing Is Poised To Thrive In 2026
iShares MSCI USA Momentum Factor ETF delivered a 12% YTD return, outperforming the S&P 500 by nearly 8%, and maintains a Buy rating. MTUM's strategy targets 120–130 stocks with high 6–12 month risk-adjusted momentum, rebalancing quarterly to manage risk and capture uptrends. The ETF is heavily weighted in technology (notably semiconductors and AI), industrials (especially aerospace & defense), and large diversified banks.
MTUM Turns Volatile, Tech Stocks Turning (Rating Downgrade)
I downgrade iShares MSCI USA Momentum Factor ETF to hold as momentum underperforms and technicals deteriorate. MTUM's tech-heavy portfolio, with over 40% in US tech, faces headwinds amid sector underperformance and broadening market leadership. Elevated P/E above 25x and soft February–March seasonality reduce near-term appeal despite strong long-term earnings growth.
MTUM: $20B Momentum ETF Not The Best Choice In Its Category
MTUM is a popular $20B large-cap momentum ETF that's comprised of 125 companies with strong short- and long-term risk-adjusted price momentum characteristics. Its expense ratio is 0.15%. MTUM was the second-best-performing momentum fund over the last decade, but several newer funds have surpassed it over the last five. This article compares its fundamentals against four others. One surprising find was that MTUM's short-term momentum statistics don't stand out, a finding possibly caused by the Index's 30% quarterly turnover constraint.
Momentum ETF (MTUM) Hits New 52-Week High
MTUM hits a new 52-week high, up 42% from its low, as bullish market trends lift momentum-focused strategies.
MTUM: Capturing U.S. Momentum
The iShares MSCI USA Momentum Factor ETF offers diversified exposure to US large- and mid-cap stocks with strong risk-adjusted momentum, but carries higher volatility. The ETF's high P/E ratio (33x) signals elevated valuations, especially in tech and financials, increasing the risk of sharp corrections if growth expectations falter. Recent performance has lagged peers using pure momentum metrics, partly due to risk-adjusted selection and portfolio turnover limits, despite similar expense ratios.
Momentum ETFs Regaining Mojo
Markets may be fretting over Federal Reserve policy and economic soft landings, but a handful of momentum ETFs have quietly been stealing the show. Across the array of factor funds, momentum has performed best this year.
Court Ruling Lifts Markets: High Beta, Momentum ETFs in Focus
Court ruling halts Trump-era tariffs, boosting stocks and spotlighting high-beta, momentum ETFs like SPHB, MTUM, XMMO, SPMO and XSMO.
Momentum ETF (MTUM) Hits New 52-Week High
For investors seeking momentum, iShares MSCI USA Momentum Factor ETF MTUM is probably on the radar. The fund just hit a 52-week high and is up about 37% from its 52-week low price of $168.49/share.
MTUM: Peeking Into The May Rebalance With Shares At Highs (Rating Upgrade)
I'm upgrading MTUM to a buy as momentum outperforms and bullish seasonality supports further gains ahead of the semi-annual rebalance. MTUM's sector allocation—underweight tech, overweight industrials and financials—has driven alpha in 2025, with more upside likely post-rebalance. Technical indicators, including a new all-time high and strong RSI, suggest continued bullish momentum, with a potential price target of $290.
