MSCI World Momentum Index

What the MSCI World Momentum Index is, where it lives officially, and how its ride has looked over the years.

What does the MSCI World Momentum Index track?

About 350 developed-world companies whose share prices have been rising the strongest over the past 6 and 12 months — MSCI's global take on the momentum factor.

Momentum chases what is already working and rebalances twice a year to stay on the train. Spectacular in long trends, painful when the market suddenly turns.

Maintained byMSCI logoMSCI
On this site we follow it throughiShares logoiShares Edge MSCI World Momentum Factor UCITS ETF (IS3R).

Every figure here is in euros — what you'd actually pocket buying on Xetra. Fund fact sheets usually headline returns in US dollars, which can look very different: in 2025 a world tracker rose about 23% in dollars but only about 9% in euros, because the euro gained roughly 13% against the dollar. Here's the full story, year by year.

IS3R since 2014

Price history of IS3R tracking the MSCI World Momentum Index€21€43€65€87€1092014201620182020202220242026

The chart shows the dividend-adjusted share price of IS3R, the ETF tracking this index — not the raw index level. The shape of the ride is the same.

IS3R returns by year (EUR)

Last 5 years
+11.69%
average per year (CAGR)
Last 10 years
+12.73%
average per year (CAGR)
YearTotal return
2026 (so far)+30.15%
2025+8.37%
2024+37.95%
2023+8.09%
2022-13.60%
2021+24.50%
2020+16.41%
2019+31.50%
2018+0.27%
2017+16.07%
2016+7.03%
2015+15.77%
2014-13.37%

Calendar-year total returns of IS3R in EUR, dividends reinvested — the ETF tracking this index, not the raw index level.

Compare IS3R head to head

Yearly returns side by side against the other funds we track.