ESGU vs MTUM: Holdings Overlap
ESGUiShares ESG Aware MSCI USA ETF
iShares · 287 holdings · $18.3B · as of 2026-05-31
MTUMiShares MSCI USA Momentum Factor ETF
iShares · 125 holdings · $26.3B · as of 2026-04-30
Holdings snapshots are 31 days apart (ESGU: 2026-05-31, MTUM: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are ESGU and MTUM?
iShares ESG Aware MSCI USA ETF (ESGU, by iShares) holds 287 positions; iShares MSCI USA Momentum Factor ETF (MTUM, by iShares) holds 125. They have 79 holdings in common, and by portfolio weight the two funds are 32.7% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 32.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 79ESGU holds 287 · MTUM holds 125
- Weight in Shared Holdings
- ESGU 39%·MTUM 90%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in ESGU
208 of 287 positions (60.3% of the fund) are not held by MTUM. Showing the top 30 by weight.
Sector Breakdown
| Sector | ESGU | MTUM |
|---|---|---|
| Information Technology | 38.9% | 44.3% |
| Industrials | 8.9% | 15.6% |
| Financials | 11.4% | 10.3% |
| Communication Services | 9.8% | 7.4% |
| Consumer Discretionary | 9.2% | 3.6% |
| Other Sectors | 21.7% | 18.7% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ESGU | +3.3% | +14.3% | +23.8% | +20.9% | +12.2% | — | 0.90% |
| MTUM | -1.0% | +23.8% | +27.7% | +29.4% | +12.8% | +16.1% | 0.60% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in ESGU vs MTUM →
Shared Holdings(79)
The top 10 shared positions account for 55% of the overlap, led by NVDA, AVGO and GOOG.
 NVDANVIDIA Corp. COM | 7.77% | 4.64% | 4.64% |
|---|---|---|---|
 AVGOBroadcom Inc COM | 3.07% | 5.40% | 3.07% |
 GOOGAlphabet Inc. CAP STK CL C | 4.72% | 2.39% | 2.39% |
 MUMicron Technology Inc. COM | 1.66% | 5.56% | 1.66% |
 AMDAdvanced Micro Devices Inc. COM | 1.33% | 4.03% | 1.33% |
 GOOGLAlphabet Inc. CAP STK CL A | 1.33% | 2.94% | 1.33% |
 JPMJPMorgan Chase & Co. COM | 1.17% | 2.87% | 1.17% |
 INTCIntel Corporation COM | 0.85% | 3.83% | 0.85% |
 AMATApplied Materials Inc. COM | 0.72% | 2.36% | 0.72% |
 LRCXLam Research Corporation COM NEW | 0.71% | 3.61% | 0.71% |
 CATCaterpillar Inc COM | 0.69% | 3.21% | 0.69% |
 XOMExxon Mobil Corp. COM | 0.69% | 3.43% | 0.69% |
 GSGoldman Sachs Group, Inc. (The) | 0.66% | 1.69% | 0.66% |
 JNJJohnson & Johnson COM | 0.61% | 3.76% | 0.61% |
 MSMorgan Stanley COM NEW | 0.51% | 1.32% | 0.51% |
 IBMInternational Business Machines Corp. COM | 0.49% | 1.20% | 0.49% |
 PLTRPalantir Technologies, Inc., Class A | 0.47% | 1.52% | 0.47% |
 GEGeneral Electric Co. | 0.46% | 1.90% | 0.46% |
 GEVGE Vernova Inc. COM | 0.44% | 2.53% | 0.44% |
 WDCWestern Digital Corp. COM | 0.43% | 1.54% | 0.43% |
 ADIAnalog Devices Inc. COM | 0.39% | 1.02% | 0.39% |
 CMICummins Inc. COM | 0.37% | 0.67% | 0.37% |
 GILDGilead Sciences Inc. COM | 0.36% | 1.03% | 0.36% |
 STXSeagate Technology Holdings PLC ORD SHS | 0.35% | 1.51% | 0.35% |
 RTXRTX Corp. COM | 0.35% | 1.46% | 0.35% |
Frequently Asked Questions
How much do ESGU and MTUM overlap?
ESGU and MTUM overlap by 32.7% of portfolio weight. They share 79 holdings (ESGU holds 287 positions and MTUM holds 125), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ESGU and MTUM?
The two portfolios are 32.7% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of ESGU and MTUM?
The largest positions held by both funds are NVDA, AVGO, GOOG, MU and AMD. Together the top 10 shared positions account for 55% of the total overlap.
What does ESGU own that MTUM doesn't?
208 positions (60.3% of ESGU) are unique to ESGU, led by AAPL, MSFT and AMZN. In the other direction, 46 positions (9.5% of MTUM) are unique to MTUM.