SPDR S&P 1500 Momentum Tilt ETF
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- Description
- Performance
- Comps
Fundamentals
Valuation
Rating
The SPDR S&P 1500 Momentum Tilt ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to provide investment results that before fees and expenses, correspond generally to the price and yield performance of the S&P 1500 Positive Momentum Tilt Index. |
Category | US Equities |
Fund Sponsor | SSgA Funds Management Inc |
Website | www.spdrs.com |
Inception date | Oct 24, 2012 |
Assets (mns) | $80 |
Currency | USD |
Expense ratio | 12 bp |
Distributions | Quarterly |
Regulation | Open-Ended Fund |
Custodian | |
Weighting | Momentum |
Index replication | Optimized |
Uses derivatives | No |
Options available | No |
No. of constituents | 1356 |
Wgt avg mkt cap (mns) | $704,517 |
Large cap (>$10bn) | 95.2% |
Mid cap ($2-10bn) | 4.2% |
Small cap (<$2bn) | 0.6% |
Developed mkts | 100.0% |
Emerging mkts | 0.0% |
APPLE INC | 11.5 % |
MICROSOFT CORP | 7.6 % |
AMAZON.COM INC | 7.1 % |
2.5 % | |
NVIDIA CORP | 1.9 % |
PAYPAL HOLDINGS INC | 1.7 % |
ALPHABET INC. CLASS C | 1.6 % |
ALPHABET INC. CLASS A | 1.5 % |
UNITEDHEALTH GROUP INC | 1.3 % |
JOHNSON & JOHNSON | 1.2 % | Total | 37.8 % |
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UNITED STATES | 96.6 % |
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IRELAND | 1.3 % |
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BRITAIN | 0.8 % |
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SWITZERLAND | 0.2 % |
HISTORICAL PERFORMANCE 

Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
19.2% | 19.2% | 14.3% | -- | 14.8% |
versus... | Beta | R-squared |
S&P500 | 0.98 | 96% |
MSCI EAFE | 0.88 | 77% |
MSCI Emg. Mkts. | 0.70 | 63% |
Recent close | $160.84 |
30d moving avg. | $160.25 |
Annualized volatility | 18.7% |
Short interest (ETF) | 1.8% |
Short interest (Underlying) | 2.4% |
Relative strength (RSI) | 55 |
Avg. volume (thou.) | 4 |
Turnover | 0.8% |
Bid/Ask (% of price) | 0.19% |
ADV underlying (mns) | $260,147 |
FINDING ALTERNATIVE FUNDS
Below is a list of 98 potential alternatives to the SPDR S&P 1500 Momentum Tilt ETF ETF based on the alternatives' overlap in portfolio holdings with MMTM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | MMTM | Expense: | 12 bp | ALTAR Score™: | 4.1% |
Ticker | Fund Name |
Overlap1 vs MMTM (%) |
Expense ratio (bp) |
Savings vs MMTM (bp) |
ALTAR Score™ (%) |
ALTAR vs MMTM (%) |
ESGV | Vanguard ESG U.S. Stock ETF | 81.2 | 12 | 0 | 4.6 | +0.4 |
IUSG | iShares Core S&P US Growth ETF | 80.5 | 4 | 8 | 3.8 | -0.3 |
SPYG | SPDR Portfolio S&P 500 Growth ETF | 78.1 | 4 | 8 | 3.8 | -0.3 |
IVW | iShares S&P 500 Growth ETF | 78.0 | 18 | -6 | 3.7 | -0.5 |
VOOG | Vanguard S&P 500 Growth ETF | 77.3 | 10 | 2 | 4.1 | -0.1 |
SPYX | SPDR S&P 500 Fossil Fuel Reserves Free ETF | 73.0 | 20 | -8 | 4.9 | +0.7 |
PBP | Invesco S&P 500 BuyWrite ETF | 72.5 | 49 | -37 | 4.4 | +0.2 |
SPXE | ProShares S&P 500 Ex-Energy ETF | 71.9 | 27 | -15 | 4.7 | +0.6 |
XYLG | Global X S&P 500 Covered Call & Growth ETF | 71.8 | 60 | -48 | 4.4 | +0.3 |
SPTM | SPDR Portfolio Total Stock Market ETF | 71.7 | 3 | 9 | 4.9 | +0.7 |
VOO | VANGUARD S&P 500 ETF | 71.6 | 3 | 9 | 4.9 | +0.8 |
SPY | SPDR S&P 500 ETF Trust | 71.5 | 9 | 3 | 4.8 | +0.6 |
SPXN | ProShares S&P 500 Ex-Financials ETF | 71.5 | 27 | -15 | 4.5 | +0.4 |
SPLG | SPDR Portfolio Large Cap ETF | 71.4 | 3 | 9 | 4.8 | +0.7 |
IVV | iShares Core S&P 500 ETF | 71.4 | 3 | 9 | 4.8 | +0.7 |
IWF | iShares Russell 1000 Growth ETF | 69.7 | 19 | -7 | 3.6 | -0.6 |
GSUS | Goldman Sachs MarketBeta U.S. Equity ETF | 69.3 | 7 | 5 | 4.6 | +0.5 |
PBUS | Invesco PureBeta MSCI USA ETF | 69.1 | 4 | 8 | 4.7 | +0.6 |
MGC | Vanguard Mega Cap Index Fund | 69.1 | 7 | 5 | 4.7 | +0.6 |
VONG | Vanguard Russell 1000 Growth Index Fund | 69.0 | 8 | 4 | 3.7 | -0.5 |
XOUT | GraniteShares XOUT U.S. Large Cap ETF | 69.0 | 60 | -48 | 3.7 | -0.4 |
BKLC | BNY Mellon US Large Cap Core Equity ETF | 68.8 | 0 | 12 | 4.6 | +0.4 |
BBUS | JP Morgan Betabuilders U.S. Equity ETF | 68.5 | 2 | 10 | 4.7 | +0.6 |
SCHX | Schwab U.S. Large-Cap ETF | 68.4 | 3 | 9 | 4.6 | +0.5 |
IWL | iShares Russell Top 200 ETF | 68.3 | 15 | -3 | 4.5 | +0.4 |
SCHK | Schwab 1000 Index ETF | 68.2 | 5 | 7 | 4.7 | +0.5 |
VTHR | Vanguard Russell 3000 Index Fund | 67.9 | 10 | 2 | 4.5 | +0.3 |
IWB | iShares Russell 1000 ETF | 67.9 | 15 | -3 | 4.6 | +0.4 |
VV | Vanguard Large-Cap Index Fund | 67.8 | 4 | 8 | 4.7 | +0.5 |
IYY | iShares Dow Jones U.S. ETF | 67.8 | 20 | -8 | 4.5 | +0.4 |
EFIV | SPDR S&P 500 ESG ETF | 66.9 | 10 | 2 | 4.7 | +0.5 |
SNPE | Xtrackers S&P 500 ESG ETF | 66.8 | 10 | 2 | 4.7 | +0.6 |
JUST | Goldman Sachs JUST U.S. Large Cap Equity ETF | 66.8 | 20 | -8 | 4.7 | +0.5 |
IWV | iShares Russell 3000 ETF | 66.6 | 20 | -8 | 4.4 | +0.2 |
SCHB | Schwab U.S. Broad Market ETF | 66.6 | 3 | 9 | 4.5 | +0.4 |
ITOT | iShares Core S&P Total U.S. Stock Market ETF | 66.3 | 3 | 9 | 4.5 | +0.4 |
SPXV | ProShares S&P 500 Ex-Health Care ETF | 65.9 | 27 | -15 | 4.4 | +0.2 |
VTI | Vanguard Total Stock Market Index Fund | 65.1 | 3 | 9 | 4.5 | +0.4 |
IQSU | IQ Candriam ESG US Equity ETF | 64.6 | 9 | 3 | 4.6 | +0.5 |
IWY | iShares Russell Top 200 Growth ETF | 64.1 | 20 | -8 | 3.7 | -0.4 |
GSLC | Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | 64.0 | 9 | 3 | 4.9 | +0.8 |
VONE | Vanguard Russell 1000 ETF | 64.0 | 8 | 4 | 4.6 | +0.5 |
VUG | Vanguard Growth Index Fund | 63.8 | 4 | 8 | 3.6 | -0.5 |
CATH | Global X S&P 500 Catholic Values Custom ETF | 63.8 | 29 | -17 | 4.7 | +0.5 |
ESGU | iShares MSCI USA ESG Optimized ETF | 63.3 | 15 | -3 | 4.5 | +0.4 |
DFAU | Dimensional US Core Equity Market ETF | 62.8 | 12 | 0 | 4.7 | +0.6 |
OEF | iShares S&P 100 ETF | 62.6 | 20 | -8 | 4.3 | +0.2 |
SFY | SoFi Select 500 ETF | 62.5 | 0 | 12 | 4.6 | +0.5 |
JCTR | JPMorgan Carbon Transition U.S. Equity ETF | 60.7 | 15 | -3 | 4.7 | +0.6 |
HIPR | Direxion High Growth ETF | 59.8 | 40 | -28 | 4.0 | -0.1 |
MGK | Vanguard Mega Cap Growth ETF | 59.7 | 7 | 5 | 3.8 | -0.3 |
SCHG | Schwab U.S. Large-Cap Growth ETF | 58.9 | 4 | 8 | 3.3 | -0.8 |
XLG | Invesco S&P 500 Top 50 ETF | 58.6 | 20 | -8 | 4.2 | +0.1 |
JHML | John Hancock Multifactor Large Cap ETF | 58.4 | 29 | -17 | 4.9 | +0.8 |
SPUS | SP Funds S&P 500 Sharia Industry Exclusions ETF | 57.3 | 49 | -37 | 3.5 | -0.6 |
EPS | WisdomTree U.S. Earnings 500 Fund | 56.9 | 8 | 4 | 6.0 | +1.9 |
AVUS | Avantis U.S. Equity ETF | 55.1 | 15 | -3 | 4.9 | +0.8 |
TMFC | Motley Fool 100 Index ETF | 54.9 | 50 | -38 | 3.2 | -1.0 |
ONEQ | Fidelity Nasdaq Composite Index Tracking Stock | 54.4 | 21 | -9 | 3.0 | -1.1 |
IETC | iShares Evolved U.S. Technology ETF | 53.8 | 18 | -6 | 3.6 | -0.5 |
SPXT | ProShares S&P 500 Ex-Technology ETF | 53.8 | 27 | -15 | 4.9 | +0.8 |
TILT | Flexshares Morningstar US Market Factors Tilt Index Fund | 53.7 | 25 | -13 | 5.0 | +0.8 |
KOKU | Xtrackers MSCI Kokusai Equity ETF | 53.7 | 9 | 3 | 5.1 | +1.0 |
TOK | iShares MSCI Kokusai ETF | 53.6 | 25 | -13 | 5.0 | +0.8 |
ESG | FlexShares STOXX US ESG Impact Index Fund | 53.2 | 32 | -20 | 4.6 | +0.4 |
QUS | SPDR MSCI USA StrategicFactors ETF | 52.3 | 15 | -3 | 5.3 | +1.2 |
SPMO | Invesco S&P 500 Momentum ETF | 51.9 | 13 | -1 | 4.0 | -0.2 |
QQQM | Invesco NASDAQ 100 ETF | 50.7 | 15 | -3 | 3.7 | -0.5 |
QQQ | Invesco QQQ Trust | 50.7 | 20 | -8 | 3.6 | -0.5 |
QYLG | Global X Nasdaq 100 Covered Call & Growth ETF | 50.7 | 60 | -48 | 3.2 | -0.9 |
QYLD | Global X NASDAQ 100 Covered Call ETF | 50.7 | 60 | -48 | 3.2 | -1.0 |
NUSI | Nationwide Risk-Managed Income ETF | 50.7 | 68 | -56 | 3.1 | -1.0 |
URTH | iShares MSCI World ETF | 50.2 | 24 | -12 | 5.0 | +0.9 |
DYNF | BlackRock U.S. Equity Factor Rotation ETF | 50.2 | 30 | -18 | 5.3 | +1.2 |
MFUS | PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 50.2 | 30 | -18 | 5.1 | +1.0 |
DSI | iShares MSCI KLD 400 Social ETF | 50.2 | 25 | -13 | 4.7 | +0.5 |
RECS | Columbia Research Enhanced Core ETF | 50.0 | 15 | -3 | 5.2 | +1.1 |
IGM | iShares Expanded Tech Sector ETF | 49.4 | 46 | -34 | 3.4 | -0.7 |
RESP | WisdomTree US ESG Fund of Benef Interest | 49.0 | 28 | -16 | 5.2 | +1.0 |
PLC | Principal U.S. Large-Cap Multi-Factor Core Index ETF | 48.7 | 15 | -3 | 5.8 | +1.7 |
IUS | Invesco Strategic US ETF | 47.0 | 19 | -7 | 5.5 | +1.4 |
WOMN | Impact Shares YWCA Women's Empowerment ETF | 46.9 | 75 | -63 | 3.6 | -0.5 |
PRF | Invesco FTSE RAFI US 1000 ETF | 46.7 | 39 | -27 | 5.8 | +1.7 |
AFLG | First Trust Active Factor Large Cap ETF | 46.5 | 55 | -43 | 4.8 | +0.6 |
ACVF | American Conservative Values ETF | 46.4 | 75 | -63 | 4.2 | +0.0 |
NACP | Impact Shares NAACP Minority Empowerment ETF | 46.0 | 49 | -37 | 4.8 | +0.6 |
FDMO | Fidelity Momentum Factor ETF | 45.8 | 29 | -17 | 2.5 | -1.6 |
FNDB | Schwab Fundamental U.S. Broad Market Index ETF | 45.6 | 25 | -13 | 5.7 | +1.6 |
FNDX | Schwab Fundamental U.S. Large Co. Index ETF | 45.5 | 25 | -13 | 5.8 | +1.7 |
DIVB | iShares U.S. Dividend & Buyback ETF | 45.4 | 25 | -13 | 5.9 | +1.8 |
KRMA | Global X Conscious Companies ETF | 44.7 | 43 | -31 | 4.9 | +0.8 |
USSG | Xtrackers MSCI USA ESG Leaders Equity ETF | 44.4 | 10 | 2 | 4.9 | +0.8 |
SUSL | iShares ESG MSCI USA Leaders ETF | 44.4 | 10 | 2 | 4.9 | +0.8 |
ACWI | iShares MSCI ACWI ETF | 44.4 | 32 | -20 | 5.2 | +1.0 |
DLN | WisdomTree U.S. LargeCap Dividend Fund | 43.7 | 28 | -16 | 6.2 | +2.1 |
CRBN | iShares MSCI ACWI Low Carbon Target ETF | 43.5 | 20 | -8 | 5.4 | +1.3 |
STLG | iShares Factors US Growth Style ETF | 43.5 | 25 | -13 | 4.0 | -0.1 |
SYG | SPDR MFS Systematic Growth Equity ETF | 43.3 | 60 | -48 | 3.6 | -0.5 |
1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.
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RESULTS & ESTIMATES
2015 | 2016 | 2017 | 2018 | 2019 | 2020E | 2021E | |
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Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share ![]() |
** | ** | ** | ** | ** | ** | ** |
Book value per share | ** | ** | ** | ** | ** | ** | ** |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
OTHER FUNDAMENTAL METRICS
Long term EPS growth est. | **% | Debt-to-equity | **x | |
Asset turnover | **% | Assets-to-equity | **x |
*Six months ago = 100 |
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VALUATION METRICS
2019 | 2020E | 2021E | |
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Price-to-sales | ** | ** | ** |
Price-to-earnings | ** | ** | ** |
Price-to-cash flow | ** | ** | ** |
Price-to-growth | ** | ** | ** |
Price-to-book value | ** | ** | ** |
Yield | ** | ** | ** |
Historical valuation trends
Forward multiple: |
SPDR S&P 1500 Momentum Tilt ETF | |||
Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
UNDERWEIGHT |
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals. |
ALTAR Score™
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MODERN PORTFOLIO THEORY
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CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
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