OriginaveMTUM — iShares MSCI USA Momentum Factor ETF
iShares MSCI USA Momentum Factor ETF: what it is, what it costs, and what it actually returned — dividends reinvested.
MTUM in plain words
MTUM is the iShares MSCI USA Momentum Factor ETF from iShares. It tracks the MSCI USA Momentum SR Variant Index and costs 0.15% a year, quietly deducted from returns. Yes — MTUM is a distributing fund: the dividends its holdings pay are passed on to you as cash.
$10,000 invested at the start of 2016 was worth $38,506 by the end of 2025 — an average of 14.4% per year over 10 full years, dividends reinvested. Its best full year so far was 2017 (+37.50%), its worst 2022 (-18.27%) — the range you sign up for.
MTUM fund facts
| Fund | iShares MSCI USA Momentum Factor ETF |
|---|---|
| Provider | iShares |
| Tracks | MSCI USA Momentum SR Variant Index |
| Yearly cost (TER) | 0.15% |
| Dividends | Distributing — paid out as cash |
| Launched | 16 Apr 2013 |
Curious what the index actually holds? Read our MSCI USA Momentum SR Variant Index profile.
MTUM returns by year (USD)
| Year | Total return |
|---|---|
| 2026 (so far) | +37.24% |
| 2025 | +22.15% |
| 2024 | +32.89% |
| 2023 | +9.15% |
| 2022 | -18.27% |
| 2021 | +13.36% |
| 2020 | +29.86% |
| 2019 | +27.25% |
| 2018 | -1.67% |
| 2017 | +37.50% |
| 2016 | +5.00% |
| 2015 | +8.91% |
| 2014 | +14.62% |
| 2013 | +19.21% |
Calendar-year total returns of MTUM in USD, dividends reinvested — the ETF tracking this index, not the raw index level.
Frequently asked
Is MTUM a good investment?
MTUM is a broad, low-effort way to own the MSCI USA Momentum SR Variant Index at 0.15% a year. $10,000 invested at the start of 2016 was worth $38,506 by the end of 2025 — an average of 14.4% per year over 10 full years, dividends reinvested. Whether it fits depends on your goals and horizon — past returns don't promise future ones, but this is the actual track record.
What is MTUM's TER?
MTUM's total expense ratio (TER) is 0.15% per year, deducted continuously from the fund's assets — you never get a bill, the returns are simply quoted after costs.
Does MTUM pay dividends?
Yes — MTUM is a distributing fund: the dividends its holdings pay are passed on to you as cash.
What would $10,000 invested in MTUM be worth?
$10,000 invested at the start of 2016 was worth $38,506 by the end of 2025 — an average of 14.4% per year over 10 full years, dividends reinvested.
Curious about other amounts or start years? Try the MTUM what-if calculator.