ETF comparison

MTUM vs SPMO

Both Momentum Factor.

iShares MSCI USA Momentum Factor ETF · Invesco S&P 500 Momentum ETF

Holdings overlap

Weighted by ISIN/CUSIP
40.9 %

47 positions appear in both funds. Buying equal dollars of MTUM and SPMO would leave roughly 40.9% of each dollar exposed to the same underlying securities.

MTUM only 58.9% Shared 40.9% SPMO only 59.0%
In MTUM only
78 positions
Shared
47 positions
In SPMO only
53 positions

Side by side

MTUM

iShares MSCI USA Momentum Factor ETF

iShares · Momentum Factor

84 composite / 100
Expense ratio
0.15%
Net assets
$29.05B
TTM yield
0.59%
Top-10 conc.
40.4%
SPMO

Invesco S&P 500 Momentum ETF

Invesco · Momentum Factor

83 composite / 100
Expense ratio
0.13%
Net assets
$22.21B
TTM yield
0.70%
Top-10 conc.
50.5%

Sub-score comparison

85
Cost
87
84
Tax efficiency
84
100
Liquidity
100
57
Concentration
42
Tracking quality
MTUM sub-score SPMO

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SPMO is 2 bps cheaper than MTUM. On a $100,000 position that's about $20/yr more in fees for MTUM.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with MTUM vs SPMO.

Top shared holdings

47 shared in total
# Holding In MTUM In SPMO Overlap
1 BROADCOM INC. 5.40% 9.01% 5.40%
2 NVIDIA CORPORATION 4.64% 8.88% 4.64%
3 JPMORGAN CHASE & CO. 2.87% 5.14% 2.87%
4 WALMART INC. 2.75% 4.04% 2.75%
5 GE VERNOVA INC. 2.53% 2.70% 2.53%
6 GENERAL ELECTRIC COMPANY 1.90% 2.60% 1.90%
7 PALANTIR TECHNOLOGIES INC. 1.52% 3.54% 1.52%
8 THE GOLDMAN SACHS GROUP, INC. 1.69% 1.47% 1.47%
9 RTX CORPORATION 1.46% 1.63% 1.46%
10 AMPHENOL CORPORATION 1.55% 1.30% 1.30%
11 WELLS FARGO & COMPANY 1.26% 1.36% 1.26%
12 INTERNATIONAL BUSINESS MACHINES CORPORATION 1.20% 1.21% 1.20%

Only in MTUM

78 total
  • MICRON TECHNOLOGY, INC. 5.56%
  • ADVANCED MICRO DEVICES, INC. 4.03%
  • INTEL CORPORATION 3.83%
  • JOHNSON & JOHNSON 3.76%
  • LAM RESEARCH CORPORATION 3.61%
  • EXXON MOBIL CORPORATION 3.43%
  • CATERPILLAR INC. 3.21%
  • ALPHABET INC. 2.94%
  • ALPHABET INC. 2.39%
  • APPLIED MATERIALS, INC. 2.36%

Only in SPMO

53 total
  • Meta Platforms, Inc. 7.66%
  • Netflix, Inc. 3.81%
  • Visa Inc. 3.16%
  • Cisco Systems, Inc. 2.35%
  • Philip Morris International Inc. 2.03%
  • Oracle Corp. 1.79%
  • AT&T Inc. 1.63%
  • Charles Schwab Corp. (The) 1.23%
  • CME Group Inc. 1.16%
  • Deere & Co. 0.99%

Open MTUM or SPMO at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.