MTUM vs NLR: Holdings Overlap
MTUMiShares MSCI USA Momentum Factor ETF
iShares · 125 holdings · $26.3B · as of 2026-04-30
NLRVanEck Uranium and Nuclear ETF
VanEck · 25 holdings · $4.0B · as of 2026-03-31
Holdings snapshots are 30 days apart (MTUM: 2026-04-30, NLR: 2026-03-31). 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 NLR?
iShares MSCI USA Momentum Factor ETF (MTUM, by iShares) holds 125 positions; VanEck Uranium and Nuclear ETF (NLR, by VanEck) holds 25. They have 1 holdings in common, and by portfolio weight the two funds are 0.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1MTUM holds 125 · NLR holds 25
- Weight in Shared Holdings
- MTUM 0%·NLR 4%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
124 of 125 positions (99.8% of the fund) are not held by NLR. Showing the top 30 by weight.
Sector Breakdown
| Sector | MTUM | NLR |
|---|---|---|
| Information Technology | 44.3% | 0.0% |
| Energy | 3.5% | 43.6% |
| Utilities | 1.6% | 37.9% |
| Industrials | 15.6% | 14.6% |
| Financials | 10.3% | 0.0% |
| Other Sectors | 24.6% | 0.0% |
| Unclassified | 0.0% | 3.7% |
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. “Unclassified” is weight we could not classify (0% of MTUM, 4% of NLR).
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% |
| NLR | +6.4% | -5.1% | +1.2% | +27.4% | +20.4% | +12.2% | 2.69% |
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 NLR →
Shared Holdings(1)
 OKLOOklo, Inc., Class A | 0.05% | 3.78% | 0.05% |
|---|
Frequently Asked Questions
How much do MTUM and NLR overlap?
MTUM and NLR overlap by 0.1% of portfolio weight. They share 1 holdings (MTUM holds 125 positions and NLR holds 25), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MTUM and NLR?
The two portfolios are 0.1% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of MTUM and NLR?
The largest positions held by both funds are OKLO. Together the top 1 shared positions account for 98% of the total overlap.
What does MTUM own that NLR doesn't?
124 positions (99.8% of MTUM) are unique to MTUM, led by MU, AVGO and NVDA. In the other direction, 24 positions (96.0% of NLR) are unique to NLR.