State Street SPDR S&P 1500 Momentum Tilt ETF

MMTM

Market cap $164M

Momentum investing is likely to be a winning strategy for those seeking higher returns in a short spell.

SPDR S&P 1500 Momentum Tilt ETF uses a momentum-based weighting methodology within the S&P 1500 Composite Index. MMTM's portfolio is heavily concentrated in information technology and its top 10 issuers. Despite marginally outperforming the S&P 1500 since 2012, MMTM shows no significant performance or risk metric gap compared to its parent index.

For investors seeking momentum, SPDR S&P 1500 Momentum Tilt ETF MMTM is probably on the radar. The fund just hit a 52-week high and is up 46.08% from its 52-week low price of $172.61/share.

The rally has been broad-based this year, with momentum investing emerging as a big winner.