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IWMO

SIX
90.45000 USD
0.58
0.65%
Last update Jun 27, 4:09 PM CEST
Market closed
Day range
90.040001
90.45000
Previous close
89.87000
Open
90.30000
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iShares Edge MSCI World Momentum ETF
90.45
0.58
0.65%

Overview

Description

The iShares Edge MSCI World Momentum ETF is a financial instrument that tracks the performance of equities demonstrating strong price momentum characteristics. By focusing on momentum, this ETF selects securities from developed markets worldwide that exhibit the propensity to outperform based on their current and historical price movements. This vehicle is designed to capitalize on the systematic capture of market trends by allocating assets into stocks that have shown sustained relative performance. Key sectors impacted by this ETF include technology, consumer discretionary, and healthcare, reflecting their historical tendency to exhibit strong momentum. The ETF rebalances quarterly to ensure it adapts to changing market conditions and maintains alignment with the momentum strategy it pursues. As part of the broader "factor investing" approach, this ETF offers exposure to a strategic blend of global equities, providing diversification while aiming for enhanced returns through the momentum factor. In the financial market, the iShares Edge MSCI World Momentum ETF serves as a tool for sophisticated investors seeking systematic exposure to one of the more prominent equity market anomalies, leveraging historical performance trends in their portfolio allocations.

About

Address
Phone
Website
Instrument type
ETF
Country
Switzerland
MIC code
XSWX
Market closed

Exchange is currently closed (non-working day)
Main market opens in 1 day 18 hours 56 minutes

14:03
00:00
23:59

Trading Hours (Monday - Friday):

Main market
09:00 - 17:20
Post-market
18:15 - 22:00
All times are displayed in the Europe/Zurich timezone (CEST, UTC+02:00).