MTUM vs SPHQ: Holdings Overlap
MTUMiShares MSCI USA Momentum Factor ETF
iShares · 125 holdings · $26.3B · as of 2026-04-30
SPHQInvesco S&P 500 Quality ETF
Invesco · 99 holdings · $20.0B · as of 2026-04-30
How similar are MTUM and SPHQ?
iShares MSCI USA Momentum Factor ETF (MTUM, by iShares) holds 125 positions; Invesco S&P 500 Quality ETF (SPHQ, by Invesco) holds 99. They have 23 holdings in common, and by portfolio weight the two funds are 22.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 22.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 23MTUM holds 125 · SPHQ holds 99
- Weight in Shared Holdings
- MTUM 23%·SPHQ 36%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
102 of 125 positions (76.9% of the fund) are not held by SPHQ. Showing the top 30 by weight.
Sector Breakdown
| Sector | MTUM | SPHQ |
|---|---|---|
| Information Technology | 44.3% | 27.6% |
| Industrials | 15.6% | 24.5% |
| Consumer Staples | 3.3% | 15.3% |
| Financials | 10.3% | 13.4% |
| Health Care | 6.9% | 8.4% |
| Other Sectors | 19.5% | 10.6% |
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% |
| SPHQ | -0.8% | +15.3% | +21.9% | +19.9% | +12.7% | +14.6% | 1.09% |
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 SPHQ →
Shared Holdings(23)
The top 10 shared positions account for 87% of the overlap, led by LRCX, CAT and GEV.
 LRCXLam Research Corporation COM NEW | 3.61% | 4.09% | 3.61% |
|---|---|---|---|
 CATCaterpillar Inc COM | 3.21% | 3.78% | 3.21% |
 GEVGE Vernova Inc. COM | 2.53% | 3.15% | 2.53% |
 AMATApplied Materials Inc. COM | 2.36% | 2.79% | 2.36% |
 GEGeneral Electric Co. | 1.90% | 4.16% | 1.90% |
 KLACKLA Corp. COM NEW | 1.61% | 3.27% | 1.61% |
 WDCWestern Digital Corp. COM | 1.54% | 2.15% | 1.54% |
 NEMNewmont Corporation COM | 1.17% | 1.22% | 1.17% |
 GILDGilead Sciences Inc. COM | 1.03% | 2.27% | 1.03% |
 TJXThe TJX Companies Inc. COM | 0.90% | 1.79% | 0.90% |
 APPAppLovin Corp., Class A | 0.87% | 1.56% | 0.87% |
 JCIJohnson Controls International PLC COM USD1.00 | 0.50% | 1.05% | 0.50% |
 MNSTMonster Beverage Corp COM | 0.35% | 0.82% | 0.35% |
 CORCencora Inc COM | 0.28% | 0.66% | 0.28% |
 EAElectronic Arts Inc. COM | 0.25% | 0.45% | 0.25% |
 EBAYeBay Inc. COM | 0.24% | 0.66% | 0.24% |
 IDXXIDEXX Laboratories Inc. COM | 0.14% | 0.61% | 0.14% |
 ROKRockwell Automation, Inc. COM | 0.12% | 0.46% | 0.12% |
 CHRWC.H. Robinson Worldwide Inc COM NEW | 0.08% | 0.21% | 0.08% |
 EMEEmcor Group Inc COM | 0.08% | 0.47% | 0.08% |
 EXPEExpedia Group Inc COM NEW | 0.06% | 0.32% | 0.06% |
 EXPDExpeditors International Of Washington Inc. COM | 0.05% | 0.20% | 0.05% |
 DLTRDollar Tree Inc COM | 0.05% | 0.20% | 0.05% |
Frequently Asked Questions
How much do MTUM and SPHQ overlap?
MTUM and SPHQ overlap by 22.9% of portfolio weight. They share 23 holdings (MTUM holds 125 positions and SPHQ holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MTUM and SPHQ?
The two portfolios are 22.9% 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 SPHQ?
The largest positions held by both funds are LRCX, CAT, GEV, AMAT and GE. Together the top 10 shared positions account for 87% of the total overlap.
What does MTUM own that SPHQ doesn't?
102 positions (76.9% of MTUM) are unique to MTUM, led by MU, AVGO and NVDA. In the other direction, 76 positions (63.5% of SPHQ) are unique to SPHQ.