VLUE vs MTUM: Holdings Overlap
VLUEiShares MSCI USA Value Factor ETF
iShares · 148 holdings · $9.5B · as of 2026-04-30
MTUMiShares MSCI USA Momentum Factor ETF
iShares · 125 holdings · $26.3B · as of 2026-04-30
How similar are VLUE and MTUM?
iShares MSCI USA Value Factor ETF (VLUE, by iShares) holds 148 positions; iShares MSCI USA Momentum Factor ETF (MTUM, by iShares) holds 125. They have 26 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
- 26VLUE holds 148 · MTUM holds 125
- Weight in Shared Holdings
- VLUE 40%·MTUM 19%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 VLUE
122 of 148 positions (59.3% of the fund) are not held by MTUM. Showing the top 30 by weight.
Sector Breakdown
| Sector | VLUE | MTUM |
|---|---|---|
| Information Technology | 43.9% | 44.3% |
| Industrials | 7.6% | 15.6% |
| Financials | 10.9% | 10.3% |
| Health Care | 8.4% | 6.9% |
| Communication Services | 8.3% | 7.4% |
| Other Sectors | 20.7% | 15.4% |
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 |
|---|---|---|---|---|---|---|---|
| VLUE | +3.0% | +45.7% | +77.9% | +30.1% | +16.5% | +14.7% | 1.42% |
| 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 VLUE vs MTUM →
Shared Holdings(26)
The top 10 shared positions account for 94% of the overlap, led by MU, INTC and AMAT.
 MUMicron Technology Inc. COM | 11.60% | 5.56% | 5.56% |
|---|---|---|---|
 INTCIntel Corporation COM | 9.26% | 3.83% | 3.83% |
 AMATApplied Materials Inc. COM | 3.66% | 2.36% | 2.36% |
 WDCWestern Digital Corp. COM | 1.88% | 1.54% | 1.54% |
 CCitigroup Inc. COM NEW | 1.94% | 1.13% | 1.13% |
 WFCWells Fargo & Co. COM | 1.11% | 1.26% | 1.11% |
 NEMNewmont Corporation COM | 0.64% | 1.17% | 0.64% |
 GMGeneral Motors Company COM | 3.15% | 0.42% | 0.42% |
 FDXFedEx Corporation COM | 1.69% | 0.36% | 0.36% |
 LHXL3 Harris Technologies Inc COM | 0.59% | 0.33% | 0.33% |
 TELTE Connectivity PLC ORD SHS | 0.92% | 0.32% | 0.32% |
 FOXAFox Corporation CL A COM | 0.15% | 0.11% | 0.11% |
 JBLJabil Inc COM | 0.56% | 0.08% | 0.08% |
 FLEXFlex Ltd. COM USD0.01 | 0.25% | 0.07% | 0.07% |
 FOXFox Corporation CL B COM | 0.10% | 0.06% | 0.06% |
 RPRXRoyalty Pharma PLC COM USD0.0001 CLASS A | 0.24% | 0.06% | 0.06% |
 EXPEExpedia Group Inc COM NEW | 0.51% | 0.06% | 0.06% |
 STLDSteel Dynamics, Inc. COM | 0.17% | 0.06% | 0.06% |
 UTHRUnited Therapeutics Corporation COM | 0.18% | 0.05% | 0.05% |
 EVRGEvergy Inc COM | 0.16% | 0.05% | 0.05% |
 HIGThe Hartford Insurance Group Inc. COM | 0.18% | 0.05% | 0.05% |
 Q23Bunge Global SA COM SHS | 0.52% | 0.05% | 0.05% |
 DLTRDollar Tree Inc COM | 0.17% | 0.05% | 0.05% |
 BIIBBiogen Inc COM | 0.27% | 0.04% | 0.04% |
 DDDupont De Nemours Inc COM | 0.06% | 0.04% | 0.04% |
Frequently Asked Questions
How much do VLUE and MTUM overlap?
VLUE and MTUM overlap by 18.5% of portfolio weight. They share 26 holdings (VLUE holds 148 positions and MTUM holds 125), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VLUE and MTUM?
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 VLUE and MTUM?
The largest positions held by both funds are MU, INTC, AMAT, WDC and C. Together the top 10 shared positions account for 94% of the total overlap.
What does VLUE own that MTUM doesn't?
122 positions (59.3% of VLUE) are unique to VLUE, led by CSCO, VZ and T. In the other direction, 99 positions (80.7% of MTUM) are unique to MTUM.