Current Data as of: 2023

Top 3 Markets:

1. Japan: approx. 25%
2. United Kingdom: approx. 15%
3. Switzerland: approx. 10%

Sector Distribution:

• Finance: approx. 20%
• Healthcare: approx. 18%
• Information Technology: approx. 15%
• Industrials: approx. 12%
• Consumer Goods: approx. 10%

The iShares MSCI Intl Momentum Factor ETF (IMTM) invests in companies with strong momentum, meaning companies whose stock prices have risen significantly in the past. The geographical distribution shows a strong presence in developed markets, particularly in Japan, the United Kingdom, and Switzerland.

The sector distribution is diversified, with finance and healthcare making up the largest shares. This reflects the global economic development, where these sectors have shown strong growth in recent years.

iShares Trust - iShares MSCI Intl Momentum Factor ETF is an exchange-traded fund (ETF) and not a company that produces physical products.

This ETF is managed by iShares, a brand of BlackRock, and invests in international stocks selected by the MSCI International Momentum Index.

As it is a financial product, there are no production facilities or physical products being manufactured. The focus is on the management and trading of financial assets.

Strategy for Future Growth:

The iShares MSCI Intl Momentum Factor ETF (IMTM) pursues an investment strategy that aims to invest in international stocks exhibiting strong momentum. Momentum strategies are based on the assumption that stocks that have performed well in the past will continue to outperform in the future.

For future growth, the ETF relies on the following strategies:

1. Focus on Momentum Stocks: The ETF invests in stocks that have shown above-average price performance in the last 6 to 12 months. This is intended to ensure that the fund benefits from short-term market trends.

2. Diversification across international markets: By investing in various international markets, the risk is spread and the opportunity for returns from different economic cycles is increased.

3. Regular Reevaluation and Adjustment: The ETF is regularly rebalanced to ensure that it always includes stocks with the strongest momentum. This allows for dynamic adaptation to changing market conditions.

This strategy aims to provide investors with an opportunity to benefit from short-term market movements while mitigating risk through international diversification.

Commodities/Materials: Not applicable
Import countries: Not applicable

The iShares MSCI Intl Momentum Factor ETF (ARCA:IMTM) is an exchange-traded fund (ETF) that focuses on stocks with high momentum outside the USA. As a financial product, the ETF does not import or export physical commodities or materials. Instead, it invests in a diversified portfolio of international stocks selected based on momentum factors.

The performance of the ETF depends on the value development of the underlying stocks, which may come from various countries. These countries are typically developed and emerging markets worldwide represented in the MSCI International Momentum Index.

Current fund volume: $1.5 billion (2023)
Annual return: 8.2% (2023)
Expense ratio: 0.30% (2023)

The iShares MSCI Intl Momentum Factor ETF (IMTM) offers investors the opportunity to invest in international stocks with high momentum. The competitive advantage of this ETF lies in its specific investment strategy, which aims to identify and bundle stocks with above-average price dynamics.

Another advantage is the relatively low expense ratio of 0.30%, which is competitive compared to actively managed funds. This allows investors to benefit from a cost-efficient investment strategy while gaining access to a diversified portfolio of international stocks.

Additionally, the ETF benefits from the strong brand and wide distribution network of iShares, one of the largest providers of ETFs worldwide. This increases the visibility and trust of investors in the product.

Institutional Investor Share: approximately 85% (2025, estimated)

Insider Purchases/Sales: No significant insider transactions reported (2025, estimated)

The iShares MSCI Intl Momentum Factor ETF (IMTM) is an exchange-traded fund that focuses on international stocks with a momentum factor. Due to the structure of ETFs and their popularity among institutional investors, the share of institutional investors is typically high.

Insider transactions are less relevant for ETFs as they do not represent individual companies but rather a basket of stocks. Therefore, there are usually no significant insider purchases or sales.

Market share of iShares MSCI Intl Momentum Factor ETF (IMTM): Estimate 3-5% (2025)

Main competitors and their market shares:

1. Vanguard International Dividend Appreciation ETF (VIGI): Estimate 7-9%
2. SPDR MSCI ACWI ex-US ETF (CWI): Estimate 6-8%
3. iShares MSCI ACWI ex U.S. ETF (ACWX): Estimate 5-7%
4. Vanguard FTSE All-World ex-US ETF (VEU): Estimate 5-7%
5. Schwab International Equity ETF (SCHF): Estimate 4-6%

The iShares MSCI Intl Momentum Factor ETF (IMTM) is a specialized ETF focusing on international stocks with momentum characteristics. IMTM's market share is in the mid-single digits, indicating a niche strategy.

Moat Analysis:

IMTM's moat mainly lies in its specific investment strategy based on momentum factors. This can be advantageous in certain market phases, especially when momentum strategies deliver above-average returns. However, compared to broadly diversified ETFs like VIGI or VEU, IMTM's moat is relatively narrow as these ETFs offer greater diversification and thus lower risk.

The larger competitors tend to have a stronger moat as they can attract a larger investor base through their broad diversification and lower cost structures. Additionally, they benefit from economies of scale and stronger brand recognition. However, IMTM can score in specific market phases with its specialized strategy, which can be seen as a tactical advantage.

Fund Size: $1.2 billion (2024)

Annual Return: 8.5% (last 3 years)

Volatility: 12.3% (last year)

The iShares MSCI Intl Momentum Factor ETF (IMTM) aims to invest in international stocks with high momentum. The fund size of $1.2 billion indicates that the ETF has reached a considerable scale, suggesting a certain level of stability and investor confidence.

Over the past three years, the ETF has achieved an average annual return of 8.5%, which represents a solid performance compared to many other international ETFs. This return is particularly attractive to investors seeking a diversified international investment strategy.

The ETF's volatility was 12.3% in the last year, indicating a moderate level of risk. This is an important factor for investors assessing their risk tolerance.

Overall, the iShares MSCI Intl Momentum Factor ETF could be a good investment for investors interested in international growth and willing to take on a moderate level of risk. The solid performance and significant fund size speak to the attractiveness of the ETF.

Dividend Yield: 1.2% (estimated for 2025)

The iShares MSCI Intl Momentum Factor ETF (IMTM) is an exchange-traded fund that focuses on international stocks with momentum characteristics. ETFs like IMTM typically pay dividends derived from the earnings of the stocks held in the fund.

IMTM's dividend yield is typically moderate, as the focus is on growth and momentum stocks, which often pay lower dividends. The payouts can be considered reliable as they are based on the dividends of the companies held in the fund.

However, the amount of the dividend can fluctuate depending on the performance of the underlying stocks and general market conditions. Historically, IMTM has regularly distributed dividends, indicating a certain level of stability.