MMTMState Street SPDR S&P 1500 Momentum Tilt ETF

Grow my money13y track recordRanked #1,015 of 2,960 in this goal

Seeks to provide investment results that correspond to the total return performance of an index tracking U.S. equity momentum.

By State Street Investment Management · Launched 2012

Annual Cost

0.12%

#606 of 5,562 · low cost

Fund Size

$171M

#2,433 of 5,562 · mid-size

Return (1Y)Goal

+23.4%

Track Record

13 years

#1,045 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$12,177+21.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Factor

Momentum

Index tracked

S&P 1500 Positive Momentum Tilt Index

What it actually holds

By weight

Concentration

Top 10 holdings = 48.7% of fundmoderately concentrated

NVIDIA Corp

11.0%

Microsoft Corp

7.1%

Broadcom Inc

5.0%

Apple Inc

4.7%

Alphabet Inc

4.7%

Alphabet Inc

3.8%

Tesla Inc

3.7%

Amazon.com Inc

3.3%

Meta Platforms Inc

3.0%

JPMorgan Chase & Co

2.3%

Asset allocation

Stocks

99.7%

Cash

0.3%

By sector

Technology

32.3%

Financial Services

15.1%

Consumer Cyclical

12.1%

Healthcare

10.7%

Communication

7.4%

Industrials

7.3%

Consumer Defensive

6.2%

Real Estate

3.0%

Other

5.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

14.4%Moderate

Year-on-year price swings

Max drawdown

-33.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.97Decent risk-adjusted returns

Sortino (3Y)

1.42Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment results that correspond to the total return performance of an index tracking U.S. equity momentum.
Strategy: Employs a sampling strategy to track the S&P 1500 Positive Momentum Tilt Index, investing at least 80% of assets in its securities. The Index applies an alternative weighting methodology to overweight stocks with strong momentum relative to the S&P Composite 1500 Index.
Inception date: October 24, 2012
Fund family: State Street Investment Management