$1000 Invested In iShares MSCI USA Momentum Factor ETF 10 Years Ago Would Be Worth This Much Today

iShares MSCI USA Momentum Factor ETF

iShares MSCI USA Momentum Factor ETF

MTUM

0.00

iShares MSCI USA Momentum Factor ETF (BATS:MTUM) has outperformed the market over the past 10 years by 1.97% on an annualized basis producing an average annual return of 15.31%. Currently, iShares MSCI USA Momentum Factor ETF has a market capitalization of $27.17 billion.

Buying $1000 In MTUM: If an investor had bought $1000 of MTUM stock 10 years ago, it would be worth $4,146.16 today based on a price of $322.82 for MTUM at the time of writing.

iShares MSCI USA Momentum Factor ETF’s Performance Over Last 10 Years

comp_fig

Finally -- what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.