Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
FENI vs MTUM: how they differ
FENI and MTUM hold 0% of their weight in the same names, and MTUM returned more over the year.
Fidelity Enhanced International ETF and iShares MSCI USA Momentum Factor ETF.
What they hold in common
By the books each fund has filed, FENI and MTUM hold 0% of their money in the same securities at the same weight.
| Only in FENI | Only in MTUM |
|---|---|
| ASML HOLDING NV 4.11% | MICRON TECHNOLOGY, INC. 5.57% |
| NESTLE SA 1.77% | BROADCOM INC. 5.41% |
| SIEMENS AG 1.63% | NVIDIA CORPORATION 4.65% |
| TOKYO ELECTRON LTD 1.46% | ADVANCED MICRO DEVICES, INC. 4.04% |
| ABB LTD 1.34% | INTEL CORPORATION 3.84% |
| HSBC HOLDINGS PLC 1.33% | JOHNSON & JOHNSON 3.76% |
| IBERDROLA SA 1.23% | LAM RESEARCH CORPORATION 3.62% |
| BANCO BILBAO VIZCAYA ARGENTARIA S.A 1.22% | 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 Jun 30, 2026.
| FENI Fidelity Enhanced International ETF | MTUM iShares MSCI USA Momentum Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Fidelity | iShares |
| What it is | Enhanced International | MSCI USA Momentum Factor |
| Total return, 1 year | +19.4% | +21.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +1.9 pts | +4.3 pts |
| Expense ratio | 0.28% | 0.15% |
| Already in the S&P 500 | 0.0% | 98.2% |
| Holdings | 392 | 125 |
FENI in plain words
FENI is an index equity fund tracking the Enhanced International. Over the year to Sep 11, 2026 it returned +19.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.28% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 392 positions, with the top ten at 16.7%.
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, FENI or MTUM?
- In the year to Sep 12, 2026, with distributions reinvested, FENI returned +19.4% and MTUM returned +21.8%, so MTUM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FENI or MTUM?
- FENI charges 0.28% a year and MTUM charges 0.15%, so MTUM is cheaper. Fees come from each fund's prospectus.
- How much do FENI and MTUM overlap with the S&P 500?
- By their latest filed holdings, 0% of FENI 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, FENI against MTUM, data as of Sep 12, 2026. https://etfiq.com/compare/any/FENI-MTUM Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources