Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs MTUM: how they differ
GARP and MTUM hold 38% of their weight in the same names, and GARP returned more over the year.
iShares MSCI USA Quality GARP ETF and iShares MSCI USA Momentum Factor ETF.
What they hold in common
By the books each fund has filed, GARP and MTUM hold 38% of their money in the same securities at the same weight.
| Holding | GARP | MTUM |
|---|---|---|
| MICRON TECHNOLOGY INC | 6.07% | 5.57% |
| NVIDIA CORP | 4.16% | 4.65% |
| BROADCOM INC | 3.96% | 5.41% |
| LAM RESEARCH CORP | 3.79% | 3.62% |
| ALPHABET INC | 2.88% | 2.95% |
| ADVANCED MICRO DEVICES INC | 2.21% | 4.04% |
| GE AEROSPACE | 2.13% | 1.90% |
| KLA CORP | 6.46% | 1.61% |
| PALANTIR TECHNOLOGIES INC | 1.78% | 1.52% |
| AMPHENOL CORP | 1.52% | 1.55% |
| ALPHABET INC | 0.91% | 2.39% |
| APPLOVIN CORP | 0.83% | 0.87% |
| Only in GARP | Only in MTUM |
|---|---|
| APPLE INC 4.44% | INTEL CORPORATION 3.84% |
| MICROSOFT CORP 4.10% | JOHNSON & JOHNSON 3.76% |
| ELI LILLY & COMPANY 3.73% | EXXON MOBIL CORPORATION 3.44% |
| VISA INC 3.73% | CATERPILLAR INC. 3.21% |
| META PLATFORMS INC 3.35% | JPMORGAN CHASE & CO. 2.87% |
| FORTINET INC 3.16% | WALMART INC. 2.76% |
| NETFLIX INC 2.85% | APPLIED MATERIALS, INC. 2.36% |
| ADOBE INC 2.71% | THE GOLDMAN SACHS GROUP, INC. 1.69% |
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.
| GARP iShares MSCI USA Quality GARP ETF | MTUM iShares MSCI USA Momentum Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI USA Quality GARP | MSCI USA Momentum Factor |
| Total return, 1 year | +29.5% | +21.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | +4.3 pts |
| Expense ratio | 0.15% | 0.15% |
| Already in the S&P 500 | 94.4% | 98.2% |
| Holdings | 131 | 125 |
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.
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. 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, GARP or MTUM?
- In the year to Sep 12, 2026, with distributions reinvested, GARP returned +29.5% and MTUM returned +21.8%, so GARP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or MTUM?
- GARP charges 0.15% a year and MTUM charges 0.15%, so GARP is cheaper. Fees come from each fund's prospectus.
- How much do GARP and MTUM overlap with the S&P 500?
- By their latest filed holdings, 94% of GARP and 98% of MTUM by weight is stocks the S&P 500 already holds. Between the two funds, 38% of their books are the same securities at the same weight.
Other comparisons
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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, GARP against MTUM, data as of Sep 12, 2026. https://etfiq.com/compare/any/GARP-MTUM Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources