Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
FNDX vs MTUM: how they differ
FNDX and MTUM hold 28% of their weight in the same names, and FNDX returned more over the year.
Schwab Fundamental U.S. Large Company ETF and iShares MSCI USA Momentum Factor ETF.
What they hold in common
By the books each fund has filed, FNDX and MTUM hold 28% of their money in the same securities at the same weight.
| Holding | FNDX | MTUM |
|---|---|---|
| Intel Corp | 2.57% | 3.84% |
| Alphabet Inc | 2.38% | 2.95% |
| Exxon Mobil Corp | 2.29% | 3.44% |
| Alphabet Inc | 1.90% | 2.39% |
| Micron Technology Inc | 1.60% | 5.57% |
| JPMorgan Chase & Co | 1.38% | 2.87% |
| Walmart Inc | 1.01% | 2.76% |
| Johnson & Johnson | 0.97% | 3.76% |
| Citigroup Inc | 0.85% | 1.13% |
| Wells Fargo & Co | 0.68% | 1.26% |
| Broadcom Inc | 0.65% | 5.41% |
| Caterpillar Inc | 0.60% | 3.21% |
| Only in FNDX | Only in MTUM |
|---|---|
| Apple Inc 4.64% | PALANTIR TECHNOLOGIES INC. 1.52% |
| Microsoft Corp 2.33% | SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMIT 1.51% |
| Amazon.com Inc 1.86% | APPLOVIN CORPORATION 0.87% |
| Chevron Corp 1.49% | CARVANA CO. 0.62% |
| Berkshire Hathaway Inc 1.41% | ROBINHOOD MARKETS, INC. 0.57% |
| UnitedHealth Group Inc 1.37% | LUMENTUM HOLDINGS INC. 0.56% |
| Meta Platforms Inc 1.24% | ROYAL CARIBBEAN CRUISES LTD. 0.54% |
| Verizon Communications Inc 0.99% | BLOOM ENERGY CORPORATION 0.51% |
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.
| FNDX Schwab Fundamental U.S. Large Company ETF | MTUM iShares MSCI USA Momentum Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Schwab | iShares |
| What it is | Fundamental U.S. Large Company | MSCI USA Momentum Factor |
| Total return, 1 year | +26.1% | +21.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +8.6 pts | +4.3 pts |
| Expense ratio | 0.25% | 0.15% |
| Already in the S&P 500 | 91.2% | 98.2% |
| Holdings | 733 | 125 |
FNDX in plain words
FNDX is an index equity fund tracking the Fundamental U.S. Large Company. Over the year to Sep 11, 2026 it returned +26.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. By its holdings filed for May 31, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 733 positions, with the top ten at 22.5%.
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, FNDX or MTUM?
- In the year to Sep 12, 2026, with distributions reinvested, FNDX returned +26.1% and MTUM returned +21.8%, so FNDX returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FNDX or MTUM?
- FNDX charges 0.25% a year and MTUM charges 0.15%, so MTUM is cheaper. Fees come from each fund's prospectus.
- How much do FNDX and MTUM overlap with the S&P 500?
- By their latest filed holdings, 91% of FNDX and 98% of MTUM by weight is stocks the S&P 500 already holds. Between the two funds, 28% 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, FNDX against MTUM, data as of Sep 12, 2026. https://etfiq.com/compare/any/FNDX-MTUM Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources