ishares Edge MSCI U.S.A. Momentum Factor ETF ETF.com segment: Equity: U.S. - Total Market Competing ETFs: PDP, QMOM, DWTR, DWAQ, MMTM Related ETF Channels: North America, Smart-Beta ETFs, Total Market, U.S., Broad-based, Momentum, Equity, Size and Style Find more ETFs with our ETF Screener and Database *Unless otherwise stated, data provided by FactSet. A 67 FUND DESCRIPTION The ishares Edge MSCI USA Momentum Factor ETF tracks an index of large- and midcap US equities, selected and weighted based on price appreciation over 6- and 12-month periods and low volatility over the past 3 years. FACTSET ANALYTICS INSIGHT aims to pick stocks that have steadily increased in price lately. It selects and weights stocks by looking at both 6- and 12-month holding period returns, scaled by the volatility of returns over the past three years. In other words, the fund uses modified Sharpe ratios to find stocks with a smooth, positive trend line. The resulting, small-basket portfolio (it only ever holds between roughly 100 and 350 different stocks) makes large sector bets and carries high market risk. Its on-screen liquidity is decent, and block liquidity is aided by a relatively small basket of large and midcap stocks. offers factor-based exposure at a competitive fee, with an expense ratio rivals those from some plain-vanilla cap-weighted funds. SUMMARY DATA Issuer Brand Inception Date Legal Structure Expense Ratio Assets Under Management Average Daily $ Average Spread (%) PORTFOLIO DATA BlackRock ishares 04/16/13 Open-Ended Fund 0.15% $9.47B $141.75M MSCI ESG ANALYTICS INSIGHT The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of October 29, 2018 the ishares Edge MSCI U.S.A. Momentum Factor ETF MSCI ESG Fund Quality Score is 5.83 out of 10. The fund s Peer Rank reflects the ranking of a fund s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ranks in the 90th percentile within its peer group and in the 62nd percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage. Weighted Average Market Cap Price / Earnings Ratio Price / Book Ratio Distribution Yield Next Ex-Dividend Date Number of Holdings INDEX DATA Index Tracked $225.39B 31.13 6.77 1.15% 12/17/18 120 MSCI USA Momentum Index Index Weighting Methodology Index Selection Methodology Momentum Momentum MSCI USA IMI
1 Year Daily Price ($) 125.00 120.00 115.00 110.00 105.00 100.00 Nov Dec `18 Feb Mar Apr May Jun Jul Aug Sep Oct 8M PERFORMANCE [as of 10/29/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS -13.10% -8.45% 1.07% 4.01% 13.45% 13.86% -- (NAV) -13.17% -8.49% 1.07% 3.91% 13.45% 13.83% -- MSCI USA Momentum Index -13.17% -8.46% 1.19% 4.06% 13.66% 14.03% -- MSCI USA IMI -9.80% -6.58% -0.19% 3.66% 10.22% 10.08% 13.68% All returns over 1 year are annualized. All returns are total returns unless otherwise stated. TOP 10 COUNTRIES United States Canada 100.00% -- TOP 10 SECTORS Technology 44.82% Energy 3.39% Consumer Cyclicals 18.20% Consumer Non-Cyclicals 1.19% Industrials 12.76% Utilities 0.15% Financials 10.32% Basic Materials 0.06% Healthcare 9.11% TOP 10 HOLDINGS Microsoft Corporation 5.84% JPMorgan Chase & Co. 4.36% Amazon.com, Inc. 5.52% Cisco Systems, Inc. 4.14% Visa Inc. Class A 5.30% Intel Corporation 3.38% Boeing Company 5.26% Adobe Inc. 3.10% Mastercard Incorporated 4.79% Netflix, Inc. 3.07% Total Top 10 Weighting 44.76%
PORTFOLIO MANAGEMENT TAX EXPOSURES FUND STRUCTURE Expense Ratio Median Tracking Difference (12 Mo) Max. Upside Deviation (12 Mo) Max. Downside Deviation (12 Mo) 0.15% -0.21% -0.15% -0.31% Max LT/ST Capital Gains Rate Capital Gains Distributions (3 Year) Tax on Distributions Distributes K1 20.00% / 39.60% -- Qualified dividends No Legal Structure OTC Derivative Use Securities Lending Active Securities Lending Split (Fund/Issuer) ETN Counterparty Open-Ended Fund No Yes 72% / 29% N/A ETN Counterparty Risk N/A Fund Closure Risk Low Portfolio Disclosure Daily
Daily Spread 0.08% FACTSET ANALYTICS BLOCK LIQUIDITY As of 10/30/18 0.06% 0.04% 0% 5 4 3 2 1 This measurement shows how easy it is to trade a $1 million USD block of. is rated a 5 out of 5. Premium/Discount 0.4% TRADABILITY Avg. Daily Share 1,245,040 0.2% Average Daily $ $141.75M 0.0% Median Daily Share 945,225-0.2% 6M 4M 2M Median Daily ($) Average Spread (%) Average Spread ($) $104.38M $0.02 Dec Feb Apr May Jul Sep Oct Median Premium / Discount (12 Mo) Max. Premium / Discount (12 Mo) 0.27% / -0.08% Impediment to Creations None Market Hours Overlap 100.00% Creation Unit Size (Shares) 50,000 Creation Unit/Day (45 Day Average) 18.90 Creation Unit Cost (%) 0.01% Underlying / Unit Open Interest on ETF Options 1,758 Net Asset Value (Yesterday) $103.35 ETF.com Implied Liquidity 5
SECTOR/INDUSTRY BREAKDOWN TOP 10 HOLDINGS PERFORMANCE STATISTICS Technology 44.82% 24.56% Consumer Cyclicals 18.20% 12.92% Industrials 12.76% 10.59% Financials 10.32% 16.43% Healthcare 9.11% 13.78% Microsoft Corporation Amazon.com, Inc. Visa Inc. Class A Boeing Company Mastercard Incorporated Class A JPMorgan Chase & Co. Cisco Systems, Inc. Intel Corporation 5.84% 5.52% 5.30% 5.26% 4.79% 4.36% 4.14% 3.38% Goodness of Fit (R2) Beta Up Beta Down Beta Downside Standard Deviation 0.92 1.24 1.25 1.21 0.44% MSCI USA IMI Energy 3.39% 5.79% Consumer Non- Cyclicals 1.19% 6.58% Utilities 0.15% 2.70% Adobe Inc. Netflix, Inc. Total Top 10 Weighting 3.10% 3.07% 44.76% MSCI ESG RATINGS MSCI ESG Quality Score Peer Group Percentile Rank 5.83 / 10 90.42 Basic Materials 0.06% 2.46% Global Percentile Rank SRI Screening Criteria Exposure 62.12 12.83% COUNTRIES United States 100.00% 99.93% Canada -- 0.07% Exposure to Sustainable Impact Solutions Weighted Average Carbon Intensity (t CO2e/$M Sales) 5.72% 47.15 REGIONS North America 100.00% 100.00% BENCHMARK COMPARISON HOLDINGS Number of Holdings Constituents 120 2391 Shared Holdings 120 ECONOMIC DEVELOPMENT Shared Holdings Weight 24.22% Developed Countries 100.00% 100.00% BENCHMARK COMPARISON SUMMARY Number of Holdings 120 2391 Weighted Average Market Cap $225.39B $205.77B Price / Earnings Ratio Price / Book Ratio Dividend Yield 31.13 25.53 6.77 3.36 1.09% 1.71% Concentration Low --
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