MTUM vs TCAF: Holdings Overlap
MTUMiShares MSCI USA Momentum Factor ETF
iShares · 125 holdings · $26.3B · as of 2026-04-30
TCAFT. Rowe Price Capital Appreciation Equity ETF
T. Rowe Price · 92 holdings · $8.3B · as of 2026-03-31
Holdings snapshots are 30 days apart (MTUM: 2026-04-30, TCAF: 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 TCAF?
iShares MSCI USA Momentum Factor ETF (MTUM, by iShares) holds 125 positions; T. Rowe Price Capital Appreciation Equity ETF (TCAF, by T. Rowe Price) holds 92. They have 19 holdings in common, and by portfolio weight the two funds are 18.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 18.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 19MTUM holds 125 · TCAF holds 92
- Weight in Shared Holdings
- MTUM 35%·TCAF 31%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
106 of 125 positions (64.8% of the fund) are not held by TCAF. Showing the top 30 by weight.
Sector Breakdown
| Sector | MTUM | TCAF |
|---|---|---|
| Information Technology | 44.3% | 30.5% |
| Health Care | 6.9% | 17.6% |
| Industrials | 15.6% | 5.0% |
| Consumer Discretionary | 3.6% | 12.1% |
| Financials | 10.3% | 7.1% |
| Other Sectors | 19.2% | 24.2% |
| Unclassified | 0.0% | 3.3% |
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, 3% of TCAF).
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% |
| TCAF | +3.1% | +12.1% | +18.5% | +18.6% | — | — | 0.45% |
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 TCAF →
Shared Holdings(19)
The top 10 shared positions account for 94% of the overlap, led by NVDA, AVGO and GOOGL.
 NVDANVIDIA Corp. COM | 4.64% | 5.34% | 4.64% |
|---|---|---|---|
 AVGOBroadcom Inc COM | 5.40% | 3.08% | 3.08% |
 GOOGLAlphabet Inc. CAP STK CL A | 2.94% | 4.05% | 2.94% |
 AMDAdvanced Micro Devices Inc. COM | 4.03% | 2.22% | 2.22% |
 JPMJPMorgan Chase & Co. COM | 2.87% | 1.67% | 1.67% |
 GEGeneral Electric Co. | 1.90% | 0.86% | 0.86% |
 MUMicron Technology Inc. COM | 5.56% | 0.70% | 0.70% |
 KLACKLA Corp. COM NEW | 1.61% | 0.56% | 0.56% |
 GILDGilead Sciences Inc. COM | 1.03% | 0.35% | 0.35% |
 ANETArista Networks Inc COM SHS | 0.82% | 0.28% | 0.28% |
 CORCencora Inc COM | 0.28% | 2.13% | 0.28% |
 ETREntergy Corporation COM | 0.58% | 0.25% | 0.25% |
 CIENCiena Corporation COM NEW | 0.65% | 0.20% | 0.20% |
 NINiSource Inc. COM | 0.15% | 3.19% | 0.15% |
 GOOGAlphabet Inc. CAP STK CL C | 2.39% | 0.09% | 0.09% |
 CNPCenterpoint Energy Inc COM | 0.06% | 3.43% | 0.06% |
 AEEAmeren Corp. COM | 0.05% | 1.51% | 0.05% |
 WECWEC Energy Group Inc. COM | 0.05% | 0.51% | 0.05% |
 BIIBBiogen Inc COM | 0.04% | 0.28% | 0.04% |
Frequently Asked Questions
How much do MTUM and TCAF overlap?
MTUM and TCAF overlap by 18.5% of portfolio weight. They share 19 holdings (MTUM holds 125 positions and TCAF holds 92), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MTUM and TCAF?
The two portfolios are 18.5% 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 TCAF?
The largest positions held by both funds are NVDA, AVGO, GOOGL, AMD and JPM. Together the top 10 shared positions account for 94% of the total overlap.
What does MTUM own that TCAF doesn't?
106 positions (64.8% of MTUM) are unique to MTUM, led by INTC, JNJ and LRCX. In the other direction, 73 positions (69.1% of TCAF) are unique to TCAF.