iShares MSCI USA Momentum Factor ETF MTUM CBOE

iShares MSCI USA Momentum Factor ETF (MTUM) is a passively managed exchange-traded fund that tracks the MSCI USA Momentum Index. The fund invests at least 80% of its assets in stocks selected from the MSCI USA Index that exhibit relatively higher momentum characteristics compared to the broader market. By focusing on companies with stronger price performance trends, MTUM provides investors with exposure to the U.S. equity market's momentum factor. The fund aims to capture potential outperformance opportunities driven by positive momentum dynamics within the large and mid-cap U.S. stock universe.