MTUM vs ESGU: Holdings Overlap
MTUMiShares MSCI USA Momentum Factor ETF
iShares · 125 holdings · $26.3B · as of 2026-04-30
ESGUiShares ESG Aware MSCI USA ETF
iShares · 287 holdings · $18.3B · as of 2026-05-31
Holdings snapshots are 31 days apart (MTUM: 2026-04-30, ESGU: 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 MTUM and ESGU?
iShares MSCI USA Momentum Factor ETF (MTUM, by iShares) holds 125 positions; iShares ESG Aware MSCI USA ETF (ESGU, by iShares) holds 287. 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
- 79MTUM holds 125 · ESGU holds 287
- Weight in Shared Holdings
- MTUM 90%·ESGU 39%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 MTUM
46 of 125 positions (9.5% of the fund) are not held by ESGU. Showing the top 30 by weight.
Sector Breakdown
| Sector | MTUM | ESGU |
|---|---|---|
| Information Technology | 44.3% | 38.9% |
| Industrials | 15.6% | 8.9% |
| Financials | 10.3% | 11.4% |
| Communication Services | 7.4% | 9.8% |
| Consumer Discretionary | 3.6% | 9.2% |
| Other Sectors | 18.7% | 21.7% |
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 |
|---|---|---|---|---|---|---|---|
| MTUM | -1.0% | +23.8% | +27.7% | +29.4% | +12.8% | +16.1% | 0.60% |
| ESGU | +3.3% | +14.3% | +23.8% | +20.9% | +12.2% | — | 0.90% |
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 MTUM vs ESGU →
Shared Holdings(79)
The top 10 shared positions account for 55% of the overlap, led by NVDA, AVGO and GOOG.
 NVDANVIDIA Corp. COM | 4.64% | 7.77% | 4.64% |
|---|---|---|---|
 AVGOBroadcom Inc COM | 5.40% | 3.07% | 3.07% |
 GOOGAlphabet Inc. CAP STK CL C | 2.39% | 4.72% | 2.39% |
 MUMicron Technology Inc. COM | 5.56% | 1.66% | 1.66% |
 AMDAdvanced Micro Devices Inc. COM | 4.03% | 1.33% | 1.33% |
 GOOGLAlphabet Inc. CAP STK CL A | 2.94% | 1.33% | 1.33% |
 JPMJPMorgan Chase & Co. COM | 2.87% | 1.17% | 1.17% |
 INTCIntel Corporation COM | 3.83% | 0.85% | 0.85% |
 AMATApplied Materials Inc. COM | 2.36% | 0.72% | 0.72% |
 LRCXLam Research Corporation COM NEW | 3.61% | 0.71% | 0.71% |
 CATCaterpillar Inc COM | 3.21% | 0.69% | 0.69% |
 XOMExxon Mobil Corp. COM | 3.43% | 0.69% | 0.69% |
 GSGoldman Sachs Group, Inc. (The) | 1.69% | 0.66% | 0.66% |
 JNJJohnson & Johnson COM | 3.76% | 0.61% | 0.61% |
 MSMorgan Stanley COM NEW | 1.32% | 0.51% | 0.51% |
 IBMInternational Business Machines Corp. COM | 1.20% | 0.49% | 0.49% |
 PLTRPalantir Technologies, Inc., Class A | 1.52% | 0.47% | 0.47% |
 GEGeneral Electric Co. | 1.90% | 0.46% | 0.46% |
 GEVGE Vernova Inc. COM | 2.53% | 0.44% | 0.44% |
 WDCWestern Digital Corp. COM | 1.54% | 0.43% | 0.43% |
 ADIAnalog Devices Inc. COM | 1.02% | 0.39% | 0.39% |
 CMICummins Inc. COM | 0.67% | 0.37% | 0.37% |
 GILDGilead Sciences Inc. COM | 1.03% | 0.36% | 0.36% |
 STXSeagate Technology Holdings PLC ORD SHS | 1.51% | 0.35% | 0.35% |
 RTXRTX Corp. COM | 1.46% | 0.35% | 0.35% |
Frequently Asked Questions
How much do MTUM and ESGU overlap?
MTUM and ESGU overlap by 32.7% of portfolio weight. They share 79 holdings (MTUM holds 125 positions and ESGU holds 287), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MTUM and ESGU?
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 MTUM and ESGU?
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 MTUM own that ESGU doesn't?
46 positions (9.5% of MTUM) are unique to MTUM, led by WMT, LMT and ETR. In the other direction, 208 positions (60.3% of ESGU) are unique to ESGU.