OriginaveMSCI 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.
MSCI
Every figure here is in pounds — what you'd actually pocket buying on the London Stock Exchange. Fund fact sheets usually headline returns in US dollars, which can look very different in years when the pound moves against the dollar. Here's the full story, year by year.
IWFM since 2014
The chart shows the dividend-adjusted share price of IWFM, the ETF tracking this index — not the raw index level. The shape of the ride is the same.
IWFM returns by year (USD)
| Year | Total return |
|---|---|
| 2026 (so far) | +29.24% |
| 2025 | +12.72% |
| 2024 | +32.62% |
| 2023 | +5.85% |
| 2022 | -8.21% |
| 2021 | +15.58% |
| 2020 | +24.16% |
| 2019 | +23.25% |
| 2018 | +1.62% |
| 2017 | +20.40% |
| 2016 | +25.05% |
| 2015 | +8.82% |
| 2014 | -32.51% |
Calendar-year total returns of IWFM in USD, dividends reinvested — the ETF tracking this index, not the raw index level.
Compare IWFM head to head
Yearly returns side by side against the other funds we track.