Micron Technology (MU) is one of the top winners of the AI boom. Its high‑bandwidth memory (HBM) chips are in huge demand, and Wall Street expects that demand to stay strong through 2026. Investors who want Micron exposure without the sharp price swings may consider investing in these two ETFs: Invesco S&P 500 Momentum ETF (SPMO) and iShares MSCI USA Momentum Factor ETF (MTUM).
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Invesco S&P 500 Momentum ETF (SPMO)
The SPMO ETF tracks the S&P 500 Momentum Index and chooses stocks that have shown strong gains over the past year. It often picks tech and growth names, especially when those sectors are leading the market. It rebalances twice a year, so its holdings shift as trends change. Importantly, MU stock accounts for 8.82% of the SPMO ETF’s total holdings.
Apart from Micron, some of the top stocks in the SPMO ETF are Nvidia (NVDA), Broadcom (AVGO), and Alphabet (GOOGL). Overall, the ETF has $18.69 billion in assets under management (AUM). Also, it has an expense ratio of 0.13%. Over the past six months, the SPMO ETF has gained 25.59%.
On TipRanks, SPMO has a Strong Buy consensus rating based on 85 Buys and 15 Holds assigned in the last three months. At $156.55, the average SPMO ETF price target implies 6.06% upside potential.
iShares MSCI USA Momentum Factor ETF (MTUM)
The MTUM ETF tracks the MSCI USA Momentum Index, which picks U.S. stocks that have been rising and showing strong, positive price trends. The fund holds larger, more stable companies and spreads risk across different sectors. MU stock constitutes 7.73% of the ETF’s holdings.
Some of the top holdings in the MTUM ETF include Advanced Micro Devices (AMD), Intel (INTC), and Broadcom. Overall, the ETF has $26.41 billion in AUM and an expense ratio of 0.15%. Over the past six months, the MTUM ETF has gained 24.61%.
Turning to Wall Street, the ETF has a Strong Buy consensus rating. Of the 125 stocks held, 110 have Buy and 15 have Hold ratings. At $334.51, the average MTUM ETF price target implies an 8.66% upside potential.
Concluding Thoughts
ETFs provide indirect exposure to MU stock, reducing risk compared to investing directly in the stock. Furthermore, ETFs are a liquid and transparent way to participate in the market. Investors seeking ETF recommendations might consider MTUM and SPMO, as these ETFs offer exposure to Micron stock.