iShares Edge MSCI USA Momentum Factor ETF

The iShares Edge MSCI USA Momentum Factor ETF is an exchange-traded fund designed to capture the performance of U.S. large- and mid-cap stocks that exhibit strong price momentum. By tracking the MSCI USA Momentum Index, the ETF systematically selects companies that have demonstrated relatively higher price appreciation over the recent 6- and 12-month periods, aiming to reflect trends where outperforming stocks may continue their upward trajectory. The fund is diversified across sectors, holding a broad basket of equities, with notable weightings often found in technology, consumer cyclicals, and financial services. It employs a strategy known as full replication, meaning it directly holds the securities represented in its benchmark index. The iShares Edge MSCI USA Momentum Factor ETF serves as a strategic vehicle for investors seeking targeted exposure to the momentum investment factor, playing a significant role in factor-based and quantitative investment strategies within the broader equity market. The fund is physically backed, with regular dividend distributions, and is managed by BlackRock under the iShares brand.