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ISIN
US78468R7052
CUSIP
78468R705
Inception Date
Oct 24, 2012
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
S&P 1500 Positive Momentum Tilt Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth
Assets Under Management
$191M

Share Price Chart


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Performance

MMTM Performance Chart

SPDR S&P 1500 Momentum Tilt ETF (MMTM) is up 7.8% since the beginning of the year. MMTM is currently trading at $313 per share. Investors who bought $1,000 worth of MMTM shares 5 years ago would now be looking at an investment worth $1,860.


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S&P 500 Index

Returns By Period

SPDR S&P 1500 Momentum Tilt ETF (MMTM) has returned 7.75% so far this year and 23.38% over the past 12 months. Looking at the last ten years, MMTM has achieved an annualized return of 15.09%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.


SPDR S&P 1500 Momentum Tilt ETF

1D
-0.01%
1M
-1.56%
YTD
7.75%
6M
7.09%
1Y
23.38%
3Y*
21.27%
5Y*
13.21%
10Y*
15.09%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MMTM Monthly Returns History

Based on dividend-adjusted daily data since Oct 25, 2012, MMTM's average daily return is +0.06%, while the average monthly return is +1.21%. At this rate, an investment would double in approximately 4.8 years.

Historically, 68% of months were positive and 32% were negative. The best month was Apr 2020 with a return of +11.9%, while the worst month was Mar 2020 at -11.3%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, MMTM closed higher 47% of trading days. The best single day was Apr 9, 2025 with a return of +11.2%, while the worst single day was Mar 16, 2020 at -9.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.85%-0.84%-4.81%11.11%3.71%-2.74%7.75%
20252.81%-2.48%-7.46%-0.20%6.31%4.57%2.31%0.59%4.35%3.12%-0.74%0.09%13.26%
20243.02%7.47%2.99%-4.63%5.78%4.93%-0.59%2.39%2.07%-0.01%6.16%-2.37%29.94%
20233.07%-2.79%1.30%2.27%0.69%7.04%2.92%-0.77%-5.15%-1.89%10.06%4.69%22.49%
2022-5.53%-2.59%4.12%-9.59%0.06%-8.19%8.57%-3.02%-8.03%9.62%4.18%-4.70%-16.12%
2021-0.99%1.04%2.79%6.14%0.95%2.15%1.92%3.53%-4.17%8.13%-0.98%3.67%26.33%

Benchmark Metrics

SPDR S&P 1500 Momentum Tilt ETF has an annualized alpha of 2.98%, beta of 0.89, and R2 of 0.74 versus S&P 500 Index. Calculated based on daily prices since October 25, 2012.

  • This ETF captured 101.67% of S&P 500 Index gains but only 94.38% of its losses - a favorable profile for investors.
  • This ETF generated an annualized alpha of 2.98% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
  • With beta of 0.89 and R2 of 0.74, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
2.98%
Beta
0.89
0.74
Upside Capture
101.67%
Downside Capture
94.38%

Expense Ratio

MMTM has an expense ratio of 0.12%, which is considered low.


Return for Risk

Risk / Return Rank

MMTM ranks 51 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


MMTM Risk / Return Rank: 5151
Overall Rank
MMTM Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
MMTM Sortino Ratio Rank: 4747
Sortino Ratio Rank
MMTM Omega Ratio Rank: 4747
Omega Ratio Rank
MMTM Calmar Ratio Rank: 4949
Calmar Ratio Rank
MMTM Martin Ratio Rank: 6060
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for SPDR S&P 1500 Momentum Tilt ETF (MMTM) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


MMTMBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.40

Sortino ratioReturn per unit of downside risk

-0.49

Omega ratioGain probability vs. loss probability

1.29

1.37

-0.07

Calmar ratioReturn relative to maximum drawdown

2.37

2.78

-0.41

Martin ratioReturn relative to average drawdown

10.47

12.44

-1.97

Dividends

Dividend History

SPDR S&P 1500 Momentum Tilt ETF provided a 1.08% dividend yield over the last twelve months, with an annual payout of $3.37 per share.


0.80%1.00%1.20%1.40%1.60%1.80%2.00%$0.00$0.50$1.00$1.50$2.00$2.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$3.37$2.51$2.16$2.35$2.79$1.93$1.84$2.14$1.76$1.74$1.86$1.51

Dividend yield

1.08%0.86%0.83%1.16%1.67%0.95%1.14%1.55%1.64%1.52%1.98%1.68%

Monthly Dividends

The table displays the monthly dividend distributions for SPDR S&P 1500 Momentum Tilt ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.60$0.00$0.00$0.87$1.47
2025$0.00$0.00$0.62$0.00$0.00$0.66$0.00$0.00$0.63$0.00$0.00$0.60$2.51
2024$0.00$0.00$0.45$0.00$0.00$0.51$0.00$0.00$0.57$0.00$0.00$0.63$2.16
2023$0.00$0.00$0.69$0.00$0.00$0.66$0.00$0.00$0.53$0.00$0.00$0.47$2.35
2022$0.00$0.00$0.53$0.00$0.00$0.66$0.00$0.00$0.76$0.00$0.00$0.84$2.79
2021$0.00$0.00$0.36$0.00$0.00$0.42$0.00$0.00$0.52$0.00$0.00$0.63$1.93

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the SPDR S&P 1500 Momentum Tilt ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the SPDR S&P 1500 Momentum Tilt ETF was 33.85%, occurring on Mar 23, 2020. Recovery took 92 trading sessions.

The current SPDR S&P 1500 Momentum Tilt ETF drawdown is 2.74%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-33.85%Mar 2020
1mo 2d4mo 13d
5mo 15dFeb 2020 - Aug 2020
Bear market2022
-23.72%Sep 2022
8mo 28d1y 2mo
1y 11moJan 2022 - Dec 2023
2025 selloff2025
-22.08%Apr 2025
1mo 17d3mo 18d
5mo 5dFeb 2025 - Jul 2025
Rate-hike selloffLate 2018
-21.39%Dec 2018
2mo 23d5mo 26d
8mo 19dOct 2018 - Jun 2019
2016 correction2016
-15.75%Feb 2016
1mo 10d5mo 5d
6mo 15dDec 2015 - Jul 2016

Drawdown Indicators


MMTMBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-33.85%

-56.78%

+22.93%

Max Drawdown (1Y)

Largest decline over 1 year

-9.89%

-9.10%

-0.79%

Max Drawdown (3Y)

Largest decline over 3 years

-22.08%

-18.90%

-3.18%

Max Drawdown (5Y)

Largest decline over 5 years

-23.72%

-25.43%

+1.71%

Max Drawdown (10Y)

Largest decline over 10 years

-33.85%

-33.92%

+0.07%

Current Drawdown

Current decline from peak

-2.74%

-1.80%

-0.94%

Average Drawdown

Average peak-to-trough decline

-4.19%

-10.71%

+6.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.24%

2.03%

+0.21%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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