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