MTUM vs VOO: Holdings Overlap
MTUMiShares MSCI USA Momentum Factor ETF
iShares · 125 holdings · $26.3B · as of 2026-04-30
Vanguard · 504 holdings · $1.03T · as of 2026-03-31
Holdings snapshots are 30 days apart (MTUM: 2026-04-30, VOO: 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 VOO?
iShares MSCI USA Momentum Factor ETF (MTUM, by iShares) holds 125 positions; Vanguard 500 Index Fund (VOO, by Vanguard) holds 504. They have 105 holdings in common, and by portfolio weight the two funds are 33.1% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 33.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 105MTUM holds 125 · VOO holds 504
- Weight in Shared Holdings
- MTUM 98%·VOO 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
20 of 125 positions (1.9% of the fund) are not held by VOO.
Sector Breakdown
| Sector | MTUM | VOO |
|---|---|---|
| Information Technology | 44.3% | 32.7% |
| Industrials | 15.6% | 9.0% |
| Financials | 10.3% | 12.4% |
| Communication Services | 7.4% | 10.5% |
| Consumer Discretionary | 3.6% | 9.9% |
| Other Sectors | 18.7% | 25.3% |
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.
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% |
| VOO | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.03% |
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 VOO →
Shared Holdings(105)
The top 10 shared positions account for 56% of the overlap, led by NVDA, GOOGL and AVGO.
 NVDANVIDIA Corp. COM | 4.64% | 7.58% | 4.64% |
|---|---|---|---|
 GOOGLAlphabet Inc. CAP STK CL A | 2.94% | 2.99% | 2.94% |
 AVGOBroadcom Inc COM | 5.40% | 2.62% | 2.62% |
 GOOGAlphabet Inc. CAP STK CL C | 2.39% | 2.40% | 2.39% |
 JPMJPMorgan Chase & Co. COM | 2.87% | 1.34% | 1.34% |
 XOMExxon Mobil Corp. COM | 3.43% | 1.27% | 1.27% |
 JNJJohnson & Johnson COM | 3.76% | 1.05% | 1.05% |
 WMTWalmart Inc COM | 2.75% | 0.97% | 0.97% |
 MUMicron Technology Inc. COM | 5.56% | 0.68% | 0.68% |
 PLTRPalantir Technologies, Inc., Class A | 1.52% | 0.60% | 0.60% |
 AMDAdvanced Micro Devices Inc. COM | 4.03% | 0.59% | 0.59% |
 CATCaterpillar Inc COM | 3.21% | 0.59% | 0.59% |
 GEGeneral Electric Co. | 1.90% | 0.53% | 0.53% |
 AMATApplied Materials Inc. COM | 2.36% | 0.48% | 0.48% |
 LRCXLam Research Corporation COM NEW | 3.61% | 0.48% | 0.48% |
 RTXRTX Corp. COM | 1.46% | 0.46% | 0.46% |
 WFCWells Fargo & Co. COM | 1.26% | 0.44% | 0.44% |
 GSGoldman Sachs Group, Inc. (The) | 1.69% | 0.43% | 0.43% |
 GEVGE Vernova Inc. COM | 2.53% | 0.42% | 0.42% |
 IBMInternational Business Machines Corp. COM | 1.20% | 0.41% | 0.41% |
 INTCIntel Corporation COM | 3.83% | 0.37% | 0.37% |
 MSMorgan Stanley COM NEW | 1.32% | 0.35% | 0.35% |
 KLACKLA Corp. COM NEW | 1.61% | 0.35% | 0.35% |
 CCitigroup Inc. COM NEW | 1.13% | 0.34% | 0.34% |
 TJXThe TJX Companies Inc. COM | 0.90% | 0.32% | 0.32% |
Frequently Asked Questions
How much do MTUM and VOO overlap?
MTUM and VOO overlap by 33.1% of portfolio weight. They share 105 holdings (MTUM holds 125 positions and VOO holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MTUM and VOO?
The two portfolios are 33.1% 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 VOO?
The largest positions held by both funds are NVDA, GOOGL, AVGO, GOOG and JPM. Together the top 10 shared positions account for 56% of the total overlap.
What does MTUM own that VOO doesn't?
20 positions (1.9% of MTUM) are unique to MTUM, led by BE, FTAI and RKLB. In the other direction, 399 positions (63.6% of VOO) are unique to VOO.