State Street SPDR S&P 1500 Momentum Tilt ETF

Frequently Asked Questions About MMTM

What does MMTM invest in?

The State Street SPDR S&P 1500 Momentum Tilt ETF seeks to match the overall performance of the S&P 1500 Positive Momentum Tilt Index (the "Index") before any associated costs or fees. The Index is composed of stocks that show the most significant momentum, which is assessed by their price changes over the eleven months prior to one month before the Index is rebalanced. This Index then assigns a higher proportion to stocks with strong momentum and a lower proportion to those with weak momentum.

What is the expense ratio of MMTM?

State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) charges an expense ratio of 0.12%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MMTM?

State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) manages $160.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is MMTM actively managed or an index fund?

MMTM's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was MMTM launched?

State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) launched in October 2012 and is managed by SPDR.

How has MMTM performed?

MMTM's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.