MMTM

State Street SPDR S&P 1500 Momentum Tilt ETF

$286.23

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The SPDR S&P 1500 Momentum Tilt ETF (MMTM) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 1500 Momentum Tilt Index.

Overview

ETF tracking State Street SPDR S&P 1500 Momentum Tilt ETF

Category Growth

Issuer State Street

Inception Date 2012-10-25

Market Cap $148.8M

Average Volume N/A

Dividend Yield 0.89%

52-Week Range $212.85 - $297.48

VWAP $284.29

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund employs a passive management approach, investing in a portfolio of securities that seeks to track the performance of the underlying index. The index is designed to measure the performance of stocks exhibiting positive momentum characteristics.

✨ Key Features

Provides exposure to a broad universe of U.S. stocks with a tilt towards momentum-driven securities
Passively managed to track the S&P 1500 Momentum Tilt Index
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Market risk: The value of the fund's holdings may decline due to general market conditions
Momentum risk: Stocks with positive momentum characteristics may not continue to outperform the market
Concentration risk: The fund may be more heavily weighted in certain sectors or industries, which could increase volatility
Lack of track record: As a new fund, it has a limited performance history to evaluate

👤 Best For

The SPDR S&P 1500 Momentum Tilt ETF may be suitable for investors seeking broad exposure to U.S. equities with a tilt towards stocks exhibiting positive momentum characteristics. It may be appropriate for investors with a higher risk tolerance and a longer-term investment horizon.