MMTM - SPDR S&P 1500 Momentum Tilt ETF Profile
MMTM Tracks This Index: S&P 1500 Positive Momentum Tilt Index
Description: The index applies an alternative weighting methodology to the S&P 1500 Index so that stocks with relatively high momentum are overweight relative to the S&P 1500 Index and stocks with relatively low momentum are underweight. In constructing the Index, S&P estimates the momentum of each stock in the S&P 1500 Index based on its price performance over the 11 months ending one month before the index rebalancing date, and ranks all 1,500 Index constituents in order of momentum.
Description: The index applies an alternative weighting methodology to the S&P 1500 Index so that stocks with relatively high momentum are overweight relative to the S&P 1500 Index and stocks with relatively low momentum are underweight. In constructing the Index, S&P estimates the momentum of each stock in the S&P 1500 Index based on its price performance over the 11 months ending one month before the index rebalancing date, and ranks all 1,500 Index constituents in order of momentum.
- Issuer: State Street
- Structure: ETF
- Expense Ratio: 0.35%
- ETFdb Category: All Cap Equities
- ETF Home Page: MMTM
- Inception: 2012-10-24
- Tax Form: 1099
Summary Data For MMTM
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