{"id":2097833,"date":"2019-01-22T10:55:44","date_gmt":"2019-01-22T05:25:44","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=2097833"},"modified":"2019-01-22T10:55:44","modified_gmt":"2019-01-22T05:25:44","slug":"msci-usa-momentum-index","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2019\/01\/22\/msci-usa-momentum-index\/","title":{"rendered":"MSCI USA Momentum Index"},"content":{"rendered":"<p>In our previous post, <a href=\"https:\/\/stockviz.biz\/index.php\/2019\/01\/04\/momentum-peek-under-the-hood-before-you-invest\/\">Momentum: Peek under the hood before you invest<\/a>, we compared a couple of momentum ETFs listed in the US. The most popular one, MTUM, was launched in April 2013. For an investor who is considering it, a five-year sample size is hardly enough. Thankfully, the ETF tracks the MSCI USA Momentum Index. And even though the index itself was launched in February 2013, MSCI has back-filled index levels going back from 1975.<\/p>\n<h3>USA Momentum vs. S&amp;P 500 Annual Returns<\/h3>\n<p><a href=\"https:\/\/github.com\/stockviz\/blog\/raw\/master\/momentum\/msci%20usa%20momentum%20index\/msci-usa-mom.sp500.annual.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/github.com\/stockviz\/blog\/raw\/master\/momentum\/msci%20usa%20momentum%20index\/msci-usa-mom.sp500.annual.png\" width=\"6000\" height=\"2400\" alt=\"msci-usa-mom.sp500.annual\" class=\"alignnone size-full\" \/><\/a><\/p>\n<h3>USA Momentum vs. S&amp;P 500 Cumulative Returns<\/h3>\n<p><a href=\"https:\/\/github.com\/stockviz\/blog\/raw\/master\/momentum\/msci%20usa%20momentum%20index\/msci-usa-mom.sp500.cumulative.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/github.com\/stockviz\/blog\/raw\/master\/momentum\/msci%20usa%20momentum%20index\/msci-usa-mom.sp500.cumulative.png\" width=\"1400\" height=\"800\" alt=\"msci-usa-mom.sp500.cumulative\" class=\"alignnone size-full\" \/><\/a><\/p>\n<p>It looks like the Momentum Index is highly correlated with the S&amp;P 500 index and for a little bit more volatility, investors end up with quite a bit of excess returns. Does it make sense to swap out the staid old market-cap weighted SPY with MTUM?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In our previous post, Momentum: Peek under the hood before you invest, we compared a couple of momentum ETFs listed in the US. The most popular one, MTUM, was launched in April 2013. For an investor who is considering it, a five-year sample size is hardly enough. Thankfully, the ETF tracks the MSCI USA Momentum &hellip; <\/p>\n","protected":false},"author":2,"featured_media":2093053,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3471],"tags":[31,3491],"class_list":["post-2097833","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing-insight","tag-etf","tag-momentum","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2097833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=2097833"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2097833\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media\/2093053"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=2097833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=2097833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=2097833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}