IMTM vs SHLD: Holdings Overlap
IMTMiShares MSCI Intl Momentum Factor ETF
iShares · 313 holdings · $4.2B · as of 2026-04-30
Global X · 48 holdings · $7.6B · as of 2026-05-31
Holdings snapshots are 31 days apart (IMTM: 2026-04-30, SHLD: 2026-05-31). 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 IMTM and SHLD?
iShares MSCI Intl Momentum Factor ETF (IMTM, by iShares) holds 313 positions; Global X Defense Tech ETF (SHLD, by Global X) holds 48. They have 8 holdings in common, and by portfolio weight the two funds are 3.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8IMTM holds 313 · SHLD holds 48
- Weight in Shared Holdings
- IMTM 3%·SHLD 29%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 IMTM
305 of 313 positions (96.3% of the fund) are not held by SHLD. Showing the top 30 by weight.
Only in SHLD
40 of 48 positions (70.3% of the fund) are not held by IMTM. Showing the top 30 by weight.
Sector Breakdown
| Sector | IMTM | SHLD |
|---|---|---|
| Industrials | 20.2% | 82.5% |
| Financials | 36.0% | 0.0% |
| Information Technology | 10.0% | 8.0% |
| Materials | 8.4% | 0.0% |
| Utilities | 5.1% | 0.0% |
| Other Sectors | 15.0% | 0.0% |
| Unclassified | 4.6% | 9.1% |
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. “Unclassified” is weight we could not classify (5% of IMTM, 9% of SHLD).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IMTM | +2.7% | +12.9% | +21.7% | +21.3% | +10.1% | +10.4% | 4.34% |
| SHLD | +8.2% | +6.9% | +11.2% | — | — | — | 0.61% |
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 IMTM vs SHLD →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by RHM, BA- and LDO.
 RHMRheinmetall AG | 1.06% | 5.76% | 1.06% |
|---|---|---|---|
 BA-BAE Systems PLC | 0.71% | 4.88% | 0.71% |
 LDOLeonardo SpA | 0.32% | 4.35% | 0.32% |
 ESLTIL-SElbit Systems Ltd. | 0.30% | 4.13% | 0.30% |
 SAABBSaab AB, Class B | 0.28% | 3.82% | 0.28% |
 HOThales SA EUR3 | 0.24% | 4.27% | 0.24% |
 AMDassault Aviation SA | 0.06% | 1.06% | 0.06% |
 HAGHensoldt AG | 0.06% | 1.06% | 0.06% |
Frequently Asked Questions
How much do IMTM and SHLD overlap?
IMTM and SHLD overlap by 3.0% of portfolio weight. They share 8 holdings (IMTM holds 313 positions and SHLD holds 48), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IMTM and SHLD?
The two portfolios are 3.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of IMTM and SHLD?
The largest positions held by both funds are RHM, BA-, LDO, ESLTIL-S and SAABB. Together the top 8 shared positions account for 100% of the total overlap.
What does IMTM own that SHLD doesn't?
305 positions (96.3% of IMTM) are unique to IMTM, led by ASML, HSBA and SAN. In the other direction, 40 positions (70.3% of SHLD) are unique to SHLD.