SPDR S&P 1500 Momentum Tilt ETF

MMTM is a US Equities ETF. The SPDR S&P 1500 Momentum Tilt ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of U.S. equity securities exhibiting price momentum. The S&P 1500 Positive Momentum Tilt Index applies an alternative weighting methodology to the S&P Composite 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.

MMTM tracks the S&P 1500 Positive Momentum Tilt Index.

No, MMTM is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, MMTM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on MMTM is -0.0117%. This is the percent change in the value of MMTM over the most recent 1-month period. The 3-month return on MMTM is 0.0067%. This is the percent change in the value of MMTM over the most recent 3-month period.

The standard deviation of MMTM for the past year is 0.1592%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to MMTM include SPHQ, DSI, and QUAL.

ETFs correlated to MMTM include XLSR, FLQL, and GSLC.

ETFs that are inversely correlated to MMTM include SH, SDS, and SPDN.