MTUM vs QUAL: Holdings Overlap
MTUMiShares MSCI USA Momentum Factor ETF
iShares · 125 holdings · $26.3B · as of 2026-04-30
QUALiShares MSCI USA Quality Factor ETF
iShares · 121 holdings · $47.8B · as of 2026-04-30
How similar are MTUM and QUAL?
iShares MSCI USA Momentum Factor ETF (MTUM, by iShares) holds 125 positions; iShares MSCI USA Quality Factor ETF (QUAL, by iShares) holds 121. They have 29 holdings in common, and by portfolio weight the two funds are 27.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 27.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 29MTUM holds 125 · QUAL holds 121
- Weight in Shared Holdings
- MTUM 34%·QUAL 37%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
96 of 125 positions (65.7% of the fund) are not held by QUAL. Showing the top 30 by weight.
Sector Breakdown
| Sector | MTUM | QUAL |
|---|---|---|
| Information Technology | 44.3% | 34.4% |
| Industrials | 15.6% | 9.4% |
| Financials | 10.3% | 11.6% |
| Communication Services | 7.4% | 11.0% |
| Consumer Discretionary | 3.6% | 9.8% |
| Other Sectors | 18.7% | 23.6% |
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% |
| QUAL | +3.6% | +14.1% | +23.7% | +19.0% | +11.5% | +14.4% | 0.84% |
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 QUAL →
Shared Holdings(29)
The top 10 shared positions account for 84% of the overlap, led by NVDA, LRCX and GOOGL.
 NVDANVIDIA Corp. COM | 4.64% | 6.50% | 4.64% |
|---|---|---|---|
 LRCXLam Research Corporation COM NEW | 3.61% | 3.22% | 3.22% |
 GOOGLAlphabet Inc. CAP STK CL A | 2.94% | 2.53% | 2.53% |
 CATCaterpillar Inc COM | 3.21% | 2.52% | 2.52% |
 AMATApplied Materials Inc. COM | 2.36% | 2.45% | 2.36% |
 GOOGAlphabet Inc. CAP STK CL C | 2.39% | 2.11% | 2.11% |
 JNJJohnson & Johnson COM | 3.76% | 1.92% | 1.92% |
 KLACKLA Corp. COM NEW | 1.61% | 2.78% | 1.61% |
 WMTWalmart Inc COM | 2.75% | 1.23% | 1.23% |
 TJXThe TJX Companies Inc. COM | 0.90% | 3.19% | 0.90% |
 ANETArista Networks Inc COM SHS | 0.82% | 1.49% | 0.82% |
 LMTLockheed Martin Corporation COM | 0.75% | 0.88% | 0.75% |
 APPAppLovin Corp., Class A | 0.87% | 0.67% | 0.67% |
 NEMNewmont Corporation COM | 1.17% | 0.42% | 0.42% |
 FIXComfort Systems USA Inc. COM | 0.39% | 0.54% | 0.39% |
 MPWRMonolithic Power Systems Inc. COM | 0.31% | 0.70% | 0.31% |
 CBRECBRE Group, Inc., Class A | 0.42% | 0.19% | 0.19% |
 EAElectronic Arts Inc. COM | 0.25% | 0.19% | 0.19% |
 MNSTMonster Beverage Corp COM | 0.35% | 0.16% | 0.16% |
 IDXXIDEXX Laboratories Inc. COM | 0.14% | 0.28% | 0.14% |
 EMEEmcor Group Inc COM | 0.08% | 0.35% | 0.08% |
 CBOECboe Global Markets Inc COM | 0.06% | 0.12% | 0.06% |
 ATOAtmos Energy Corp. COM | 0.05% | 1.21% | 0.05% |
 UTHRUnited Therapeutics Corporation COM | 0.05% | 0.09% | 0.05% |
 HIGThe Hartford Insurance Group Inc. COM | 0.05% | 0.14% | 0.05% |
Frequently Asked Questions
How much do MTUM and QUAL overlap?
MTUM and QUAL overlap by 27.6% of portfolio weight. They share 29 holdings (MTUM holds 125 positions and QUAL holds 121), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MTUM and QUAL?
The two portfolios are 27.6% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of MTUM and QUAL?
The largest positions held by both funds are NVDA, LRCX, GOOGL, CAT and AMAT. Together the top 10 shared positions account for 84% of the total overlap.
What does MTUM own that QUAL doesn't?
96 positions (65.7% of MTUM) are unique to MTUM, led by MU, AVGO and AMD. In the other direction, 92 positions (62.9% of QUAL) are unique to QUAL.