iShares Edge MSCI USA Momentum Factor

High momentum US companies

(IUMF)
£12.06
Previous business day’s close price
+£7.96 (+194.29%)
max available period
£4.09
£12.06

03 Jan 17
22 Nov 24

Details

ETF description

This ETF is designed to give investors exposure to U.S. companies that have been experiencing positive momentum in their stock prices. It tracks an index that selects firms whose share prices have been rising relative to others in the market, based on the idea that stocks that have recently performed well may continue to do so for some time. By focusing on momentum, this ETF aims to capture growth by investing in companies that are trending upward.

This ETF may appeal to investors who are comfortable with a more dynamic investment approach, seeking to benefit from short‑ to medium‑term trends in the stock market.

Issuer details

iShares ETFs are issued and managed by BlackRock, the world’s largest asset management company.

With 800+ products globally and over $2trn in assets (as at June 2024), iShares ETFs are a flexible, low‑cost way for investors to gain exposure to various market segments, including fixed income, emerging markets and broad‑based indexes.

Index details

The Edge MSCI USA Momentum Factor index offers specialized exposure to U.S. equities with strong momentum characteristics, utilizing a systematic approach to capture potential outperformance based on recent price trends. By focusing on high‑momentum stocks, the index aims to enhance returns and provide investors with targeted investment opportunities within the U.S. equity market. Its emphasis on momentum metrics and systematic selection makes it a valuable tool for investors seeking to leverage momentum‑based strategies in their portfolios.

ETF Breakdown

NVIDIA Corp
6.0%
Broadcom Inc
5.1%
Apple Inc
4.9%
JPMorgan Chase & Co.
4.7%
Walmart Inc
4.3%
Lilly
4.3%
Costco Wholesale Corp
2.8%
Philip Morris International Inc
2.7%
Coca‑Cola Co
2.5%
Alphabet Inc
2.4%
Oracle Corp.
2.3%
General Electric Co.
2.1%
NextEra Energy Inc
2.1%
Raytheon Technologies Corporation
2.0%
Texas Instruments Inc.
1.7%
Progressive Corp.
1.7%
Goldman Sachs Group, Inc.
1.6%
AMGEN Inc.
1.4%
Intuitive Surgical Inc
1.4%
Lockheed Martin Corp.
1.3%
Boston Scientific Corp.
1.1%
3M Co.
1.1%
Altria Group Inc.
1.1%
Southern Company
1.1%
T‑Mobile US Inc
1.0%
American Express Co.
0.9%
Motorola Solutions Inc
0.9%
Duke Energy Corp.
0.9%
Newmont Corp
0.8%
Welltower Inc
0.8%
Fiserv, Inc.
0.8%
Colgate‑Palmolive Co.
0.8%
Cintas Corporation
0.8%
Trane Technologies plc
0.8%
Aflac Inc.
0.7%
Amphenol Corp.
0.7%
Arista Networks Inc
0.7%
Moody`s Corp.
0.7%
KKR & Co. Inc
0.6%
Williams Companies
0.6%
PNC Financial Services Group Inc
0.6%
HCA Healthcare Inc
0.6%
Vistra Energy Corp
0.6%
Carrier Global Corp
0.5%
Howmet Aerospace Inc
0.5%
Targa Resources Corp
0.5%
Arthur J. Gallagher & Co.
0.5%
Constellation Energy Corporation
0.5%
Public Service Enterprise Group Inc.
0.5%
Iron Mountain Inc.
0.5%
TransDigm Inc
0.5%
Bank Of New York Mellon Corp
0.4%
Fair, Isaac Corp.
0.4%
Kinder Morgan Inc
0.4%
Realty Income Corp.
0.4%
Alnylam Pharmaceuticals Inc
0.4%
D.R. Horton Inc.
0.4%
General Motors Company
0.4%
Kimberly‑Clark Corp.
0.4%
Arch Capital Group Ltd
0.4%
Resmed Inc.
0.4%
Royal Caribbean Cruises Ltd
0.4%
Ventas Inc
0.4%
Kellogg Co
0.3%
Avalonbay Communities Inc.
0.3%
Corning, Inc.
0.3%
Keurig Dr Pepper Inc
0.3%
Nasdaq Inc
0.3%
CBRE Group Inc
0.3%
Garmin Ltd
0.3%
Texas Pacific Land Trust
0.3%
AllState
0.3%
Edison International
0.3%
Godaddy Inc
0.3%
HP Inc
0.3%
Applovin Corp
0.3%
Extra Space Storage Inc.
0.3%
Hartford Financial Services Group Inc.
0.3%
Republic Services, Inc.
0.3%
Monolithic Power System Inc
0.3%
NRG Energy Inc.
0.3%
United Therapeutics Corp
0.3%
International Flavors & Fragrances Inc.
0.2%
Netapp Inc
0.2%
Tyler Technologies, Inc.
0.2%
Westinghouse Air Brake Technologies Corp
0.2%
Brown & Brown, Inc.
0.2%
Equity Residential
0.2%
Veralto Corp
0.2%
WEC Energy Group Inc
0.2%
Essex Property Trust, Inc.
0.2%
International Paper Co.
0.2%
NVR Inc.
0.2%
Fifth Third Bancorp
0.2%
Leidos Holdings Inc
0.2%
PPL Corp
0.2%
Mid‑America Apartment Communities, Inc.
0.2%
Citizens Financial Group Inc
0.2%
Emcor Group, Inc.
0.2%
First Solar Inc
0.2%
Firstenergy Corp.
0.2%
PulteGroup Inc
0.2%
Quest Diagnostics, Inc.
0.2%
Healthpeak Properties Inc
0.2%
NiSource Inc
0.2%
Synchrony Financial
0.2%
Amcor Plc
0.1%
Lennox International Inc
0.1%
C.H. Robinson Worldwide, Inc.
0.1%
Camden Property Trust
0.1%
Carlisle Companies Inc.
0.1%
Alliant Energy Corp.
0.1%
Fox
0.1%
Heico Corp.
0.1%
Universal Health Services, Inc.
0.1%
UDR Inc
0.1%
Evergy Inc
0.1%
Watsco Inc.
0.1%
Dicks Sporting Goods, Inc.
< 0.1%
Erie Indemnity Co.
< 0.1%
Twenty‑First Century Fox
< 0.1%
Equitable Holdings Inc
< 0.1%
Others
0.2%
£12.06
Previous business day’s close price

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