Description: The investment seeks investment results that, before fees and expenses, correspond to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the S&P 1500 Positive Momentum Tilt Index. It invests substantially all, but at least 80%, of total assets in the securities, including business development companies, comprising the index. The index applies an alternative weighting methodology to the S&P Composite 1500 Index so that stocks with relatively high momentum are overweight relative to the S&P Composite 1500 Index and stocks with relatively low momentum are underweight. The fund is non-diversified.
Home Page: us.spdrs.com/en/product/fund.seam?ticker=MMTM
MMTM Technical AnalysisExchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Large Growth
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 98.73 | 0.00 | 98.73 |
| Stock non-US | 1.17 | 0.00 | 1.17 |
| Cash | 0.10 | 0.00 | 0.10 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Healthcare | 20.02 | 15.93 |
| Technology | 17.78 | 32.96 |
| Financial Services | 12.67 | 9.95 |
| Consumer Defensive | 10.00 | 4.22 |
| Industrials | 9.80 | 6.35 |
| Energy | 9.32 | 2.16 |
| Consumer Cyclicals | 7.22 | 15.95 |
| Utilities | 4.68 | 0.55 |
| Communication Services | 3.03 | 8.93 |
| Basic Materials | 2.76 | 1.39 |
| Real Estate | 2.72 | 1.61 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 98.83 | 96.46 |
| United Kingdom | 0.56 | 0.55 |
| Europe Developed | 0.54 | 2.03 |
| Asia Emerging | 0.03 | 0.29 |
| Latin America | 0.02 | 0.23 |
| Asia Developed | 0.01 | 0.34 |
| Japan | 0.00 | 0.07 |
| Africa/Middle East | 0.00 | 0.03 |