The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index.
Frequently asked questions
What is the iShares MSCI USA Momentum Factor ETF (MTUM) expense ratio?
The iShares MSCI USA Momentum Factor ETF funds expense ratio is 0.15%.
What is iShares MSCI USA Momentum Factor ETF (MTUM) current stock price?
As of the latest data, iShares MSCI USA Momentum Factor ETF stock price is $316.03, with a previous close of $314.73. iShares MSCI USA Momentum Factor ETF gained $1.30 in the last trading session, representing a 0.41% increase.
Does iShares MSCI USA Momentum Factor ETF (MTUM) pay dividends?
Yes. iShares MSCI USA Momentum Factor ETF pays quarterly dividends with an annualized yield of 0.59% and an estimated annual payout of $1.85 per share.