iShares MSCI USA Momentum Factor ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$182.21
- Net Assets:$0 Million
- NAV:$186.43
- Premium-2.26%
- Peer Rank:144 of 559
- Investment Rating:B+
- Performance:A-
- RiskC
We rate iShares MSCI USA Momentum Factor at B+. Positive factors that influence this rating include a greater than above average total return, low expense structure and long term portfolio management tenure. The fund may be considered for investors seeking a Growth - Domestic strategy.
Total return ranks above peers over the last three years. The iShares MSCI USA Momentum Factor has returned an annual rate of 13.78% since inception. More recently, the fund has generated a total return of 12.92% in the last five years, 7.69% in the last three years, and 33.28% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 87% of them. It has also outpaced 74% of its competitors on a three year basis and 92% of them over the last year for the period ending 2/29/2024. On a year to date basis, MTUM has returned 18.86%.
Downside risk has been below average. MTUM has a draw down risk of -31.20%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 19.5%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As MTUM is an exchange traded fund, it has no front end or back end load.
The iShares MSCI USA Momentum Factor is managed by Jennifer F.Y. Hsui at BlackRock Fund Advisors. This fund is one of 353 BlackRock Fund Advisors exchange-traded funds launched since 3/12/1996 that we track.