Morningstar Rating

ETF Research and Analysis

by Alex Bryan
Suitability
In many cases, extrapolating past performance into the future is a bad idea. In fact, securities that have outperformed for several years tend to become more expensive and priced to offer lower returns going forward. But   Read more 

Bull Case

Momentum has been observed in nearly every market studied and across different asset classes over long horizons.
The fund has been remarkably tax-efficient for a strategy with high turnover.  Read more 

Bear Case

Momentum strategies can struggle during periods of high market volatility or market reversals.
High turnover can erode the fund's returns.
IShares MSCI USA Momentum Factor offers investors a lower-cost way to take advantage of momentum and may be less volatile.  Read more 

This ETF's Index Is a Victim of Its Own Success 
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