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iShares MSCI USA Momentum Factor Index ETF
XMTM (iShares MSCI USA Momentum Factor Index ETF) is a factor Commodities ETF by iShares. With a 0.32% MER, it provides diversified exposure. Quarterly distribution with a 0.36% yield.
XMTM by iShares is a factor-based ETF that targets specific characteristics like value, quality, or low volatility to seek enhanced returns.
With a 0.32% MER, its fees are in line with category averages. It does not pay a significant distribution — returns are reinvested for capital growth.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.