iShares MSCI Intl Momentum Factor ETF (IMTM) Performance
IMTM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +6.9% since Dec 31, 2025
- 1 year
- +11.9% total return
- 5 years
- +8.7% a year
- 10 years
- +10.1% a year
- Since first price
- +8.5% a year since 2015
IMTM trailing returns vs SPY, QQQ, AGG
| Period | IMTM total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −4.3% | −4.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −3.2% | −3.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +0.2% | −1.0% | +7.8% | +8.4% | −1.5% |
| YTD | +6.9% | +5.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +11.9% | +6.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +81.5%+22.0%/yr | +64.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +52.1%+8.7%/yr | +26.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +161.6%+10.1%/yr | +98.1% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionJan 26, 2015 | +161.7%+8.5%/yr | +92.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: IMTM vs SPY
From Jan 26, 2015: IMTM grew to $26,173, SPY to $44,893.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IMTM returns by calendar year
8 of 10 full years positive. Best 2025 (+34.5%), worst 2022 (−16.8%). 2026 is year to date.
IMTM annual returns table
| Year | IMTM | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +6.9% | −12.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +34.5% | −12.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +12.2% | −12.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +13.9% | −10.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −16.8% | −29.6% | −18.2% | −32.6% | −13.0% |
| 2021 | +6.5% | −10.6% | +28.7% | +27.4% | −1.8% |
| 2020 | +22.2% | −29.8% | +18.3% | +48.6% | +7.5% |
| 2019 | +24.5% | −5.7% | +31.2% | +39.0% | +8.5% |
| 2018 | −14.3% | −23.0% | −4.6% | −0.1% | +0.1% |
| 2017 | +25.4% | −2.5% | +21.7% | +32.7% | +3.6% |
| 2016 | +0.4% | −11.3% | +12.0% | +7.1% | +2.4% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
IMTM largest drawdowns
Now 7.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 8, 2021 | −30.7% | Sep 27, 2022 | Feb 22, 2024 | 11 months | 2.3 years |
| Feb 19, 2020 | −29.8% | Mar 23, 2020 | Jul 10, 2020 | 33 days | 5 months |
| Jan 26, 2018 | −23.0% | Dec 24, 2018 | Jan 14, 2020 | 11 months | 2.0 years |
| May 21, 2015 | −19.9% | Feb 11, 2016 | Apr 25, 2017 | 9 months | 1.9 years |
| Feb 25, 2026 | −12.8% | Mar 30, 2026 | May 13, 2026 | 33 days | 3 months |
| Mar 19, 2025 | −12.4% | Apr 7, 2025 | Apr 24, 2025 | 19 days | 36 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
IMTM risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2015 |
|---|---|---|---|---|
| Annualized return | +22.6% | +10.6% | +10.2% | +9.0% |
| Volatility (annualized) | 12.6% | 15.5% | 14.3% | 13.8% |
| Sharpe ratio | 1.35 | 0.50 | 0.60 | 0.55 |
| Sortino ratio | 2.34 | 0.75 | 0.89 | 0.82 |
| Best month | +8.1% | +10.3% | +10.3% | +10.3% |
| Worst month | −8.9% | −8.9% | −9.8% | −9.8% |
| Best 12 months | +38.0% | +38.0% | +43.7% | +43.7% |
| Worst 12 months | +4.7% | −25.1% | −25.1% | −25.1% |
| Positive months | 69% | 62% | 63% | 61% |
| Beta vs S&P 500 | 0.69 | 0.81 | 0.77 | — |
| Correlation with S&P 500 | 0.68 | 0.82 | 0.83 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
IMTM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 130 | −25.1% | +11.7% | +43.7% | 72% |
| 3-year (a year) | 106 | −0.1% | +6.6% | +24.3% | 99% |
| 5-year (a year) | 82 | +0.3% | +8.8% | +11.8% | 100% |
| 10-year (a year) | 22 | +6.5% | +9.6% | +11.3% | 100% |
Every holding period starting at a month-end since 2015. Returns for 3 years and longer are annualized.
IMTM performance overview
iShares MSCI Intl Momentum Factor ETF (IMTM) returned +11.9% over the past year and +10.1% a year over ten years, with distributions reinvested. Since its first recorded price in 2015 it has returned +8.5% a year, turning $10,000 into about $26,173. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −30.7%, from Nov 8, 2021 to Sep 27, 2022, and it took 1.4 years to get back to the old high. IMTM finished 8 of its 10 full calendar years with a gain; the best year was 2025 (+34.5%) and the worst 2022 (−16.8%). Volatility has been 13.8% a year.
Related: IMTM chart, IMTM holdings, IMTM dividends. See the IMTM overview for the latest quote and fund facts.
IMTM performance FAQ
What is the IMTM return over the past year?
IMTM returned +11.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 6.8%.
What is the average annual return of IMTM?
IMTM has returned +8.7% a year over 5 years, +10.1% a year over 10 years, +8.5% a year since January 26, 2015 (total return, distributions reinvested).
How much would $10,000 invested in IMTM be worth?
$10,000 invested in IMTM at its first recorded close on January 26, 2015 would be worth about $26,173 on October 23, 2026 with distributions reinvested.
What was the worst year for IMTM?
The worst calendar year was 2022, with a total return of −16.8%. The best was 2025 at +34.5%.
What is the biggest drawdown of IMTM?
The largest peak-to-trough decline was −30.7% between November 8, 2021 and September 27, 2022. It recovered to the old high on February 22, 2024, 1.4 years after the bottom.
How volatile is IMTM?
Over the past 3 years IMTM had an annualized volatility of 12.6% and a Sharpe ratio of 1.35 (excess return over 1–3 month T-bills per unit of risk).