iShares MSCI USA Momentum Factor ETF is trading 3.1% up today as investors rotate back into growth and momentum names after the June 17, 2026, Fed meeting sparked a broad tech selloff and raised rate uncertainty.

  • With information technology representing nearly half of the ETF's weight, a rebound in major tech and semiconductor stocks is powering the early-session gains.
  • The sector is seeing a recovery after being left temporarily oversold following a period of market volatility and a Nasdaq decline.
  • The ETF's upward movement comes alongside a modest Nasdaq recovery despite a quiet economic calendar.