iShares MSCI USA Momentum Factor ETF
Tracks MSCI USA Momentum
The four numbers that price an ETF.
What the ETF actually owns.
From the most recent SEC N-PORT filing. The top-10 weight tells you how concentrated the fund is — broad-market trackers run 25-30%, single-theme funds often 50-70%.
| # | Holding | Weight | Value (USD) | Asset class |
|---|---|---|---|---|
| 1 | META PLATFORMS, INC. | 5.09% | $1.08 B | EC |
| 2 | JPMORGAN CHASE & CO. | 4.69% | $997 M | EC |
| 3 | NVIDIA CORPORATION | 4.64% | $986 M | EC |
| 4 | BROADCOM INC. | 4.58% | $974 M | EC |
| 5 | MICRON TECHNOLOGY, INC. | 4.18% | $889 M | EC |
| 6 | MICROSOFT CORPORATION | 3.96% | $842 M | EC |
| 7 | PALANTIR TECHNOLOGIES INC. | 3.52% | $748 M | EC |
| 8 | ADVANCED MICRO DEVICES, INC. | 2.99% | $636 M | EC |
| 9 | ALPHABET INC. | 2.87% | $610 M | EC |
| 10 | GENERAL ELECTRIC COMPANY | 2.56% | $544 M | EC |
| 11 | WALMART INC. | 2.48% | $527 M | EC |
| 12 | LAM RESEARCH CORPORATION | 2.30% | $490 M | EC |
| 13 | ORACLE CORPORATION | 2.28% | $484 M | EC |
| 14 | CATERPILLAR INC. | 2.25% | $477 M | EC |
| 15 | GE VERNOVA INC. | 2.23% | $474 M | EC |
| 16 | VISA INC. | 2.15% | $458 M | EC |
| 17 | THE GOLDMAN SACHS GROUP, INC. | 1.90% | $404 M | EC |
| 18 | INTERNATIONAL BUSINESS MACHINES CORPORATION | 1.76% | $375 M | EC |
| 19 | NETFLIX, INC. | 1.69% | $360 M | EC |
| 20 | RTX CORPORATION | 1.69% | $359 M | EC |
| 21 | AMPHENOL CORPORATION | 1.68% | $358 M | EC |
| 22 | WELLS FARGO & COMPANY | 1.54% | $327 M | EC |
| 23 | MORGAN STANLEY | 1.40% | $298 M | EC |
| 24 | APPLOVIN CORPORATION | 1.28% | $272 M | EC |
| 25 | GILEAD SCIENCES, INC. | 1.25% | $265 M | EC |
What we measure and what we leave out.
Data sources: SEC EDGAR N-PORT filings (holdings + filing-date timestamp); issuer fact sheets for expense ratio + AUM + inception; Yahoo Finance for daily NAV.
Expense ratio is the single biggest forward predictor of long-horizon performance. A 0.03% expense ratio compounds to a fundamentally different outcome than a 0.95% expense ratio over 25 years — even if the underlying index is identical.
Concentration risk lives in the top-10 weight. For broad-market trackers (VOO, VTI, SPY) the top-10 sits around 28-32%. For thematic funds — semiconductors, AI, cannabis — top-10 often crosses 60%. A "sector tilt" with 60% in 10 names is closer to active stock-picking than passive index exposure.
LRS + tax for Indian investors: US-listed ETFs are securities for Indian-tax purposes — held > 24 months = LTCG @ 12.5%, ≤ 24 months = slab-rate STCG. Distributions are dividends taxed at slab rates (US withholds 25%, creditable via DTAA). LRS USD 250,000 / FY cap applies to each remittance.
India-listed alternative: for S&P 500 / NASDAQ-100 exposure without LRS friction, see India-listed ETFs at /etfs/ (Motilal Oswal, Mirae, Nippon, etc. variants). Higher TER but no LRS hassle and INR-settled.
What this page does not model: tracking error vs underlying index, premium/discount to NAV, bid-ask spread on-exchange, currency-hedged variants (e.g. JPST-hedged), securities lending revenue (which subsidises some expense ratios).
ETF NAVs, tracking error and AUM are computed from AMFI disclosures. ETFs are subject to market risk and tracking-error risk. MintByte is an AMFI-registered mutual fund distributor (ARN-314872). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Not investment advice. Methodology · How we earn.