QUAL vs MTUM: Holdings Overlap
QUALiShares MSCI USA Quality Factor ETF
iShares · 121 holdings · $47.8B · as of 2026-04-30
MTUMiShares MSCI USA Momentum Factor ETF
iShares · 125 holdings · $26.3B · as of 2026-04-30
How similar are QUAL and MTUM?
iShares MSCI USA Quality Factor ETF (QUAL, by iShares) holds 121 positions; iShares MSCI USA Momentum Factor ETF (MTUM, by iShares) holds 125. 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
- 29QUAL holds 121 · MTUM holds 125
- Weight in Shared Holdings
- QUAL 37%·MTUM 34%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 QUAL
92 of 121 positions (62.9% of the fund) are not held by MTUM. Showing the top 30 by weight.
Sector Breakdown
| Sector | QUAL | MTUM |
|---|---|---|
| Information Technology | 34.4% | 44.3% |
| Industrials | 9.4% | 15.6% |
| Financials | 11.6% | 10.3% |
| Communication Services | 11.0% | 7.4% |
| Consumer Discretionary | 9.8% | 3.6% |
| Other Sectors | 23.6% | 18.7% |
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.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| QUAL | +3.6% | +14.1% | +23.7% | +19.0% | +11.5% | +14.4% | 0.84% |
| MTUM | -1.0% | +23.8% | +27.7% | +29.4% | +12.8% | +16.1% | 0.60% |
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 QUAL vs MTUM →
Shared Holdings(29)
The top 10 shared positions account for 84% of the overlap, led by NVDA, LRCX and GOOGL.
 NVDANVIDIA Corp. COM | 6.50% | 4.64% | 4.64% |
|---|---|---|---|
 LRCXLam Research Corporation COM NEW | 3.22% | 3.61% | 3.22% |
 GOOGLAlphabet Inc. CAP STK CL A | 2.53% | 2.94% | 2.53% |
 CATCaterpillar Inc COM | 2.52% | 3.21% | 2.52% |
 AMATApplied Materials Inc. COM | 2.45% | 2.36% | 2.36% |
 GOOGAlphabet Inc. CAP STK CL C | 2.11% | 2.39% | 2.11% |
 JNJJohnson & Johnson COM | 1.92% | 3.76% | 1.92% |
 KLACKLA Corp. COM NEW | 2.78% | 1.61% | 1.61% |
 WMTWalmart Inc COM | 1.23% | 2.75% | 1.23% |
 TJXThe TJX Companies Inc. COM | 3.19% | 0.90% | 0.90% |
 ANETArista Networks Inc COM SHS | 1.49% | 0.82% | 0.82% |
 LMTLockheed Martin Corporation COM | 0.88% | 0.75% | 0.75% |
 APPAppLovin Corp., Class A | 0.67% | 0.87% | 0.67% |
 NEMNewmont Corporation COM | 0.42% | 1.17% | 0.42% |
 FIXComfort Systems USA Inc. COM | 0.54% | 0.39% | 0.39% |
 MPWRMonolithic Power Systems Inc. COM | 0.70% | 0.31% | 0.31% |
 CBRECBRE Group, Inc., Class A | 0.19% | 0.42% | 0.19% |
 EAElectronic Arts Inc. COM | 0.19% | 0.25% | 0.19% |
 MNSTMonster Beverage Corp COM | 0.16% | 0.35% | 0.16% |
 IDXXIDEXX Laboratories Inc. COM | 0.28% | 0.14% | 0.14% |
 EMEEmcor Group Inc COM | 0.35% | 0.08% | 0.08% |
 CBOECboe Global Markets Inc COM | 0.12% | 0.06% | 0.06% |
 ATOAtmos Energy Corp. COM | 1.21% | 0.05% | 0.05% |
 UTHRUnited Therapeutics Corporation COM | 0.09% | 0.05% | 0.05% |
 HIGThe Hartford Insurance Group Inc. COM | 0.14% | 0.05% | 0.05% |
Frequently Asked Questions
How much do QUAL and MTUM overlap?
QUAL and MTUM overlap by 27.6% of portfolio weight. They share 29 holdings (QUAL holds 121 positions and MTUM holds 125), based on each fund's latest SEC-reported holdings.
Is it redundant to own both QUAL and MTUM?
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 QUAL and MTUM?
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 QUAL own that MTUM doesn't?
92 positions (62.9% of QUAL) are unique to QUAL, led by AAPL, MSFT and META. In the other direction, 96 positions (65.7% of MTUM) are unique to MTUM.