The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index applies an alternative weighting methodology to the S&P Composite 1500 Index so that stocks with relatively strong momentum are overweight relative to the S&P Composite 1500 Index and stocks with relatively weak momentum are underweight. The fund is non-diversified.
Frequently asked questions
What is the SPDR® S&P 1500 Momentum Tilt ETF (MMTM) expense ratio?
The SPDR® S&P 1500 Momentum Tilt ETF funds expense ratio is 0.12%.
What is SPDR® S&P 1500 Momentum Tilt ETF (MMTM) current stock price?
As of the latest data, SPDR® S&P 1500 Momentum Tilt ETF stock price is $299.88, with a previous close of $297.20. SPDR® S&P 1500 Momentum Tilt ETF gained $2.68 in the last trading session, representing a 0.9% increase.
Does SPDR® S&P 1500 Momentum Tilt ETF (MMTM) pay dividends?
Yes. SPDR® S&P 1500 Momentum Tilt ETF pays quarterly dividends with an annualized yield of 0.91% and an estimated annual payout of $2.74 per share.