SPDR S&P 1500 Momentum Tilt ETF (MMTM)
MMTM is a passive ETF by State Street tracking the investment results of the S&P 1500 Positive Momentum Tilt Index. MMTM launched on Oct 24, 2012 and has a 0.12% expense ratio.
ETF Info
| ISIN | US78468R7052 |
|---|---|
| CUSIP | 78468R705 |
| Issuer | State Street |
| Inception Date | Oct 24, 2012 |
| Region | North America (U.S.) |
| Category | Large Cap Growth Equities |
| Leveraged | 1x |
| Index Tracked | S&P 1500 Positive Momentum Tilt Index |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
MMTM has an expense ratio of 0.12%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: MMTM vs. PDP, MMTM vs. MTUM, MMTM vs. VFMO, MMTM vs. SPY, MMTM vs. VOO, MMTM vs. SPTM, MMTM vs. QQQ, MMTM vs. QMOM, MMTM vs. IWY, MMTM vs. VLU
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SPDR S&P 1500 Momentum Tilt ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
SPDR S&P 1500 Momentum Tilt ETF had a return of 32.36% year-to-date (YTD) and 39.97% in the last 12 months. Over the past 10 years, SPDR S&P 1500 Momentum Tilt ETF had an annualized return of 15.61%, outperforming the S&P 500 benchmark which had an annualized return of 11.39%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 32.36% | 25.48% |
| 1 month | 2.39% | 2.14% |
| 6 months | 14.81% | 12.76% |
| 1 year | 39.97% | 33.14% |
| 5 years (annualized) | 16.22% | 13.96% |
| 10 years (annualized) | 15.61% | 11.39% |
Monthly Returns
The table below presents the monthly returns of MMTM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.02% | 7.47% | 2.99% | -4.63% | 5.78% | 4.93% | -0.59% | 2.39% | 2.07% | -0.01% | 32.36% | ||
| 2023 | 3.07% | -2.79% | 1.30% | 2.27% | 0.69% | 7.04% | 2.92% | -0.77% | -5.15% | -1.89% | 10.06% | 4.69% | 22.50% |
| 2022 | -5.53% | -2.59% | 4.12% | -9.59% | 0.06% | -8.20% | 8.57% | -3.02% | -8.03% | 9.62% | 4.18% | -4.70% | -16.13% |
| 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% |
| 2020 | 0.72% | -8.87% | -11.35% | 11.90% | 4.69% | 3.01% | 6.76% | 8.70% | -4.41% | -3.55% | 9.21% | 3.96% | 19.27% |
| 2019 | 8.39% | 3.45% | 2.46% | 3.31% | -5.47% | 6.53% | 1.31% | -0.19% | 0.83% | 1.07% | 2.89% | 2.57% | 29.98% |
| 2018 | 5.98% | -0.57% | -3.78% | 0.23% | 2.96% | 0.12% | 2.64% | 4.80% | 0.28% | -7.92% | 0.93% | -9.18% | -4.62% |
| 2017 | 2.39% | 3.47% | -2.13% | 3.11% | 1.88% | 0.68% | 2.33% | 0.20% | 2.23% | 4.04% | 2.96% | 1.05% | 24.41% |
| 2016 | -7.24% | 1.13% | 4.80% | 2.31% | -0.52% | 1.23% | 3.14% | -1.10% | 0.50% | -2.64% | 2.29% | 2.74% | 6.25% |
| 2015 | -3.00% | 4.36% | -0.08% | 1.16% | -0.23% | -1.09% | 2.43% | -6.04% | -3.23% | 8.62% | 1.10% | 0.48% | 3.76% |
| 2014 | -2.53% | 4.52% | 0.27% | -1.41% | 2.74% | 2.97% | 0.69% | 1.73% | -1.11% | 0.38% | 4.33% | 0.99% | 14.16% |
| 2013 | 4.59% | 1.48% | 3.33% | 2.23% | 3.52% | -1.95% | 5.18% | -2.44% | 3.32% | 4.91% | 3.22% | 1.78% | 32.96% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of MMTM is 79, placing it in the top 21% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SPDR S&P 1500 Momentum Tilt ETF (MMTM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SPDR S&P 1500 Momentum Tilt ETF provided a 0.75% dividend yield over the last twelve months, with an annual payout of $2.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.00 | $2.35 | $2.79 | $1.93 | $1.84 | $2.14 | $1.76 | $1.74 | $1.86 | $1.51 | $1.36 | $1.37 |
Dividend yield | 0.75% | 1.16% | 1.67% | 0.95% | 1.14% | 1.55% | 1.63% | 1.52% | 1.98% | 1.68% | 1.54% | 1.74% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.57 | $0.00 | $0.00 | $1.53 | |
| 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 | $0.54 | $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 |
| 2020 | $0.00 | $0.00 | $0.54 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.45 | $1.84 |
| 2019 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.54 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $0.61 | $2.14 |
| 2018 | $0.00 | $0.00 | $0.39 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.48 | $1.76 |
| 2017 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.45 | $1.74 |
| 2016 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.58 | $1.86 |
| 2015 | $0.00 | $0.00 | $0.35 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.45 | $1.51 |
| 2014 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.55 | $1.36 |
| 2013 | $0.21 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.63 | $1.37 |
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.
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 0.30%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.85% | Feb 20, 2020 | 23 | Mar 23, 2020 | 92 | Aug 3, 2020 | 115 |
| -23.73% | Jan 5, 2022 | 186 | Sep 30, 2022 | 303 | Dec 14, 2023 | 489 |
| -21.39% | Oct 2, 2018 | 57 | Dec 24, 2018 | 121 | Jun 19, 2019 | 178 |
| -15.75% | Dec 30, 2015 | 23 | Feb 8, 2016 | 72 | Jul 12, 2016 | 95 |
| -11.44% | Jul 21, 2015 | 35 | Sep 29, 2015 | 41 | Dec 29, 2015 | 76 |
Volatility
Volatility Chart
The current SPDR S&P 1500 Momentum Tilt ETF volatility is 4.47%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.