IWMO.MI vs. IMTM

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IWMO.MI) and iShares MSCI Intl Momentum Factor ETF (IMTM).

IWMO.MI and IMTM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWMO.MI is a passively managed fund by iShares that tracks the performance of the MSCI World Momentum Index. It was launched on Oct 3, 2014. IMTM is a passively managed fund by iShares that tracks the performance of the MSCI World ex USA Momentum. It was launched on Jan 13, 2015. Both IWMO.MI and IMTM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IWMO.MI vs. IMTM - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IWMO.MI) and iShares MSCI Intl Momentum Factor ETF (IMTM). The values are adjusted to include any dividend payments, if applicable.

IWMO.MI vs. IMTM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IWMO.MI iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)	-0.53%	8.04%	39.23%	7.91%	-13.96%	24.82%	17.08%	31.14%	0.40%	16.05%
IMTM iShares MSCI Intl Momentum Factor ETF	4.40%	18.54%	19.57%	10.47%	-11.66%	11.24%	12.10%	27.33%	-10.28%	10.04%

Different Trading Currencies

IWMO.MI is traded in EUR, while IMTM is traded in USD. To make them comparable, the IMTM values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, IWMO.MI achieves a -0.53% return, which is significantly lower than IMTM's 4.40% return. Over the past 10 years, IWMO.MI has outperformed IMTM with an annualized return of 13.35%, while IMTM has yielded a comparatively lower 9.59% annualized return.

IWMO.MI

• 1D: 4.57%
• 1M: -2.84%
• YTD: -0.53%
• 6M: 1.34%
• 1Y: 12.58%
• 3Y*: 18.32%
• 5Y*: 10.25%
• 10Y*: 13.35%

IMTM

• 1D: 2.60%
• 1M: -3.97%
• YTD: 4.40%
• 6M: 8.09%
• 1Y: 20.28%
• 3Y*: 16.46%
• 5Y*: 8.74%
• 10Y*: 9.59%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IWMO.MI vs. IMTM - Expense Ratio Comparison

IWMO.MI has a 0.25% expense ratio, which is lower than IMTM's 0.30% expense ratio.

IMTM

iShares MSCI Intl Momentum Factor ETF

IWMO.MI

iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)

Return for Risk

IWMO.MI vs. IMTM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IWMO.MI

IWMO.MI Risk / Return Rank: 34
IWMO.MI Sharpe Ratio Rank: 32
IWMO.MI Sortino Ratio Rank: 32
IWMO.MI Omega Ratio Rank: 33
IWMO.MI Calmar Ratio Rank: 35
IWMO.MI Martin Ratio Rank: 41

IMTM

IMTM Risk / Return Rank: 80
IMTM Sharpe Ratio Rank: 79
IMTM Sortino Ratio Rank: 80
IMTM Omega Ratio Rank: 79
IMTM Calmar Ratio Rank: 80
IMTM Martin Ratio Rank: 80

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.

IWMO.MI vs. IMTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IWMO.MI) and iShares MSCI Intl Momentum Factor ETF (IMTM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	IWMO.MI	IMTM	Difference
Sharpe ratio Return per unit of total volatility	0.63	1.11	-0.47
Sortino ratio Return per unit of downside risk	1.01	1.59	-0.58
Omega ratio Gain probability vs. loss probability	1.14	1.24	-0.10
Calmar ratio Return relative to maximum drawdown	0.93	1.80	-0.87
Martin ratio Return relative to average drawdown	3.94	6.98	-3.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IWMO.MI vs. IMTM - Sharpe Ratio Comparison

The current IWMO.MI Sharpe Ratio is 0.63, which is lower than the IMTM Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of IWMO.MI and IMTM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IWMO.MI	IMTM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.63	1.11	-0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.59	0.57	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.79	0.58	+0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.46	+0.23

Correlation

The correlation between IWMO.MI and IMTM is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

IWMO.MI vs. IMTM - Dividend Comparison

IWMO.MI has not paid dividends to shareholders, while IMTM's dividend yield for the trailing twelve months is around 4.57%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IWMO.MI iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IMTM iShares MSCI Intl Momentum Factor ETF	4.57%	4.70%	2.93%	2.29%	2.68%	2.51%	0.97%	2.13%	2.36%	1.92%	2.75%	1.56%

Drawdowns

IWMO.MI vs. IMTM - Drawdown Comparison

The maximum IWMO.MI drawdown since its inception was -31.03%, roughly equal to the maximum IMTM drawdown of -30.60%. Use the drawdown chart below to compare losses from any high point for IWMO.MI and IMTM.

Drawdown Indicators

	IWMO.MI	IMTM	Difference
Max Drawdown Largest peak-to-trough decline	-31.03%	-32.66%	+1.63%
Max Drawdown (1Y) Largest decline over 1 year	-13.60%	-12.85%	-0.75%
Max Drawdown (5Y) Largest decline over 5 years	-23.45%	-32.66%	+9.21%
Max Drawdown (10Y) Largest decline over 10 years	-31.03%	-32.66%	+1.63%
Current Drawdown Current decline from peak	-4.78%	-7.08%	+2.30%
Average Drawdown Average peak-to-trough decline	-5.97%	-7.53%	+1.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.20%	3.22%	-0.02%

Volatility

IWMO.MI vs. IMTM - Volatility Comparison

The current volatility for iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IWMO.MI) is 7.71%, while iShares MSCI Intl Momentum Factor ETF (IMTM) has a volatility of 8.40%. This indicates that IWMO.MI experiences smaller price fluctuations and is considered to be less risky than IMTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IWMO.MI	IMTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.71%	8.40%	-0.69%
Volatility (6M) Calculated over the trailing 6-month period	13.11%	11.93%	+1.18%
Volatility (1Y) Calculated over the trailing 1-year period	19.89%	18.44%	+1.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.12%	15.37%	+1.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.52%	16.68%	+0.84%