Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
EWJ vs MTUM: how they differ
EWJ and MTUM hold 0% of their weight in the same names, and EWJ returned more over the year.
iShares MSCI Japan ETF and iShares MSCI USA Momentum Factor ETF.
What they hold in common
By the books each fund has filed, EWJ and MTUM hold 0% of their money in the same securities at the same weight.
| Only in EWJ | Only in MTUM |
|---|---|
| Mitsubishi UFJ Financial Group, Inc. 4.08% | MICRON TECHNOLOGY, INC. 5.57% |
| TOYOTA MOTOR CORPORATION 3.45% | BROADCOM INC. 5.41% |
| SoftBank Group Corp. 3.37% | NVIDIA CORPORATION 4.65% |
| Tokyo Electron Limited 2.90% | ADVANCED MICRO DEVICES, INC. 4.04% |
| Hitachi, Ltd. 2.86% | INTEL CORPORATION 3.84% |
| Sumitomo Mitsui Financial Group, Inc. 2.58% | JOHNSON & JOHNSON 3.76% |
| Sony Group Corporation 2.56% | LAM RESEARCH CORPORATION 3.62% |
| ADVANTEST CORPORATION 2.41% | EXXON MOBIL CORPORATION 3.44% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.
| EWJ iShares MSCI Japan ETF | MTUM iShares MSCI USA Momentum Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI Japan | MSCI USA Momentum Factor |
| Total return, 1 year | +26.5% | +21.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +9.0 pts | +4.3 pts |
| Expense ratio | 0.49% | 0.15% |
| Already in the S&P 500 | 0.0% | 98.2% |
| Holdings | 179 | 125 |
EWJ in plain words
EWJ is an index equity fund tracking the MSCI Japan. Over the year to Sep 11, 2026 it returned +26.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.49% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 179 positions, with the top ten at 28.4%.
MTUM in plain words
MTUM is an index equity fund tracking the MSCI USA Momentum Factor. Over the year to Sep 11, 2026 it returned +21.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 125 positions, with the top ten at 40.5%. It sat 11.1% below its high of Jun 22, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, EWJ or MTUM?
- In the year to Sep 12, 2026, with distributions reinvested, EWJ returned +26.5% and MTUM returned +21.8%, so EWJ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EWJ or MTUM?
- EWJ charges 0.49% a year and MTUM charges 0.15%, so MTUM is cheaper. Fees come from each fund's prospectus.
- How much do EWJ and MTUM overlap with the S&P 500?
- By their latest filed holdings, 0% of EWJ and 98% of MTUM by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, EWJ against MTUM, data as of Sep 12, 2026. https://etfiq.com/compare/any/EWJ-MTUM Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources