iShares Edge MSCI USA Momentum Factor

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.