ETF Copilot
Momentum

Is MMTM a good investment?

Updated October 9, 2026

State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) is a momentum-factor ETF. As of October 9, 2026, ETF Copilot scores MMTM 6.6 out of 10 — highest on Growth (8.3), lowest on Value (3.7). It trades at 25.3 times earnings, against its own median of 23.6. Its ten largest holdings are 39% of the fund.

What stands out in MMTM's data

US stocks from a broad composite, weighted toward those with stronger recent price performance.

Trades at a richer price than the typical momentum fund — you pay more for each dollar of earnings.

Trailing P/E multiple of 25.3x sits above the category median of 21.6x and its own three-year median of 23.8x. Holdings 1,476.

Acts as a momentum-tilted US allocation that keeps every stock in its starting universe.

How is MMTM rated? ETF Copilot scores State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) 6.6 out of 10

As of October 9, 2026, ETF Copilot scores State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) 6.6 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

  • Overall: 6.6 / 10
  • Growth: 8.3 / 10
  • Value: 3.7 / 10
  • Risk: 5.2 / 10
  • Quality: 8.1 / 10
  • Return: 6.9 / 10

Is MMTM expensive right now? It trades at 25.3 times earnings, against its own median of 23.6

As of October 9, 2026, MMTM is more expensive than 61% of its own 115 monthly readings since 2017 — 70 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside MMTM? 51% Tech

What's inside MMTM: Size (Large 89%, Mid 9%, Small 2%); Geography (International 2%, US 98%); Tech 50.7%; Magnificent 7 29.5%; AI 20.6%; Semiconductors 22.5%; Memory 17.4%.

What are MMTM's top holdings? The ten largest are 39% of the fund

Apple, Nvidia, Alphabet, Micron Technology, Broadcom, Advanced Micro Devices, Eli Lilly, Tesla and Amazon.com are MMTM's largest holdings, in that order.

More concentrated than 67% of Momentum ETFs.

Half of MMTM's weight sits in its 21 largest positions, and once those weights are taken into account it behaves like 43 equally weighted holdings.

What is MMTM's expense ratio? 0.12% a year

As of October 9, 2026, MMTM charges 0.12% a year, yields 0.88% and holds $133M in assets across 1476 positions.

State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) — cost, income and size
MeasureMMTM
Expense ratio0.12%
Dividend yield0.88%
Assets under management$133M
Holdings1476

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Cite this

ETF Copilot, “State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/mmtm

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