IWMO
+5.43 · +5.74%
£100.08 · LSE
iShares MSCI World Momentum Factor UCITS | Global Large-Cap Growth Equity
BlackRock Asset Management Ireland - ETF · Ireland
AUM:$2.6B
#– of – in Global Large-Cap Growth Equity ETFs
ℹ️
Reward Rating
67
Good
21.71% 1Y return
ℹ️
Risk Rating
43
Moderate
Risk Assessment
ℹ️

Educational tool only – Scores are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

📈 Up 21.7% over the past year, reflecting strong price momentum.

Cost Efficiency

💰 Ongoing charge of 0.25% — competitive for the exposure provided.

What is IWMO?

iShares MSCI World Momentum Factor UCITS tracks Morningstar Gbl Growth TME NR USD, providing diversified exposure across 352 holdings. Its ongoing charge is 0.25%.

Performance Highlights

Investment Breakdown

Strong Recent Performance
IWMO delivered 21.7% over the past year. Historical returns only — past performance is not indicative of future results.
Competitive Ongoing Charge
Ongoing charge of 0.25% — reasonable for the index exposure provided.
Broadly Diversified
Top 10 holdings represent just 25.9% of the ETF — exposure spread across many positions.

Openbook Analysis

Performance: Good (67)

The scoring profile reflects moderate historical performance, with a 21.7% 1-year return (historical). The ongoing charge of 0.25% is reasonable for this exposure. Risk indicators are moderate, in line with typical market exposure (historical).

For informational and educational purposes only. Not financial advice. Past performance is not indicative of future results.

ETF Information
AUM$2.6B
Ongoing Charge0.25%
Dividend Yield0.00%
Holdings352
Inception DateOct 2014
DomicileIreland
DistributionNA
IndexMorningstar Gbl Growth TME NR USD
ProviderBlackRock Asset Management Ireland - ETF
Beta0.87
CategoryGlobal Large-Cap Growth Equity
CurrencyUSD
Portfolio Impact

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6168
+7 points · better diversified
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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+21.6%
1Y
+33.1%
3Y
+117.0%
5Y
+86.4%
OpenBook InsightIf you had invested £10,000 in IWMO 5 years ago, it would have grown to £18,640 — a gain of £8,640.

Annual Returns

Calendar year performance

IWMO delivered positive returns in 4 of the last 5 calendar years.
YearIWMO
2026 YTD+18.7%
2025+21.2%
2024+32.9%
2023+12.9%
2022-18.0%
CAGR 4yr+10.5%
4/5 positive yearsAvg return: +13.5%Worst year: -18.0% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: POSITIVE
Trend Strength
100%
Positive
Volatility
20.6%
Moderate
Momentum
+10.7%
30-day change
Support Level
107.83
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Monitor key support and resistance levels as part of broader risk assessment.

Reward Rating Breakdown

Our reward rating analyses IWMO's attractiveness using 4 weighted factors. Each factor is scored 0-100, then combined using the weights shown below. Past performance does not guarantee future results.

Overall Reward Rating
67
Good REWARD
Data Coverage: %
Factor Framework
Performance
Has the ETF delivered strong historical returns versus similar ETFs?
Cost Efficiency
Is the ETF cheap to own over long periods?
Income
Does it provide attractive and consistent distributions?
Diversification Quality
Does it spread exposure across holdings, sectors, and regions?

📈 Performance

Weight: 30%
84/100

Has the ETF delivered strong historical returns versus similar ETFs? Combines 1/3/5/10-year returns with the Sharpe ratio (risk-adjusted return).

1Y Return
21.71%
Very Good
3Y Return
23.14%
Very Good
5Y Return
11.28%
Very Good
10Y Return
14.62%
Very Good
Sharpe Ratio
No Data

Strong historical performance profile: 1-year return of 21.71%, 3-year annualised 23.14%, 5-year annualised 11.28%. Past performance is not indicative of future results.

💰 Cost Efficiency

Weight: 30%
80/100

Is the ETF cheap to own over long periods? Low ongoing charges compound into meaningful additional returns over a 10-year horizon.

Ongoing Charge
0.25%
Neutral
Net Expense Ratio
0.00%
Very Good
Annual Turnover
0.00%
Very Good
Tracking Difference
No Data

Low-cost and efficient structure: ongoing charge of 0.25%, net expense ratio of 0.00%, annual turnover of 0.0%.

💵 Income

Weight: 15%
15/100

Does the ETF provide attractive and consistent distributions? Combines the current yield with distribution frequency.

Distribution Yield
0.00%
Very Weak
Distribution Frequency
NA
No Data

Low-income profile — better suited as a growth holding: distribution yield of 0.00%, na distributions.

🌐 Diversification Quality

Weight: 25%
61/100

Does the ETF spread exposure across many holdings, sectors, and regions? Concentrated funds can be doing exactly what they're meant to do — treat the score as context, not a verdict.

Holdings
352
Good
Top 10 Concentration
25.87%
Neutral
Top Sector
Technology32.8%
Weak
Top Region
North America64.2%
Neutral

Moderate diversification: 352 holdings, top 10 at 25.9%, Technology sector at 32.8%, North America at 64.2%.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Past performance is not indicative of future results.

Risk Rating Breakdown

Our risk rating analyses IWMO using 4 weighted factors. A higher score indicates higher risk. This is a framework for understanding exposure — concentrated funds can still be doing exactly what they're meant to do.

Overall Risk Rating
43
Moderate RISK
Data Coverage: 83%
Factor Framework
Holdings Concentration
How much of the fund sits in its largest positions? Few dominant names mean returns ride on those companies.
Market Exposure
Geographic, sector and cyclical dependencies. High single-country or single-sector weight increases macro sensitivity.
Volatility
Historical price movement, beta and drawdowns — how sharply the fund moves relative to the market.
Income Reliability
How dependable the distribution yield is — cyclical-sector dependency and unusually high yields can flag payout risk.

🎯 Holdings Concentration

Weight: 25%
29/100

How much of the fund sits in a small number of positions? If the top holdings dominate, returns will be driven by those specific companies rather than the broader index.

Top 10 Weight
25.87%
Lower Risk
Largest Holding
4.67%
Lower Risk
Number of Holdings
352
Low Risk
HHI (weight²)
78
Low Risk

Broadly diversified across holdings: top 10 holdings at 25.9%, largest single position at 4.67%, 352 total holdings.

🌍 Market Exposure

Weight: 25%
67/100

How dependent is the fund on a single country, sector or economic cycle? Heavy exposure to one market means a single macro event can drive most of the return.

Top Region
North America64.2%
Moderate
Top Sector
Technology32.8%
Elevated
Top 2 Sectors
55.92%
Elevated
Cyclical Sectors
49.37%
Elevated

Notable regional or sector dependency: North America at 64.2%, Technology sector at 32.8%, 49.4% in cyclical sectors.

📊 Volatility

Weight: 35%
35/100

How sharply does the fund move day-to-day and how deep have its drawdowns been? High volatility means wider return outcomes over short horizons.

1Y Volatility
11.28%
Lower Risk
Beta
0.87
Lower Risk
Max Drawdown
No Data

Moderate volatility in line with broad market: 1Y volatility of 11.28%, beta of 0.87 (historical).

💵 Income Reliability

Weight: 15%
Not applicable

This is an accumulating ETF. Distributions are reinvested inside the fund, so there's no dividend-reliability risk to assess. The 15% income weight is redistributed to the other three factors.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Risk scoring is model-based and past data does not guarantee future results.