Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
MTUM vs ONEQ: how they differ
MTUM and ONEQ hold 30% of their weight in the same names, and MTUM returned more over the year.
iShares MSCI USA Momentum Factor ETF and Fidelity Nasdaq Composite Index ETF.
What they hold in common
By the books each fund has filed, MTUM and ONEQ hold 30% of their money in the same securities at the same weight.
| Holding | MTUM | ONEQ |
|---|---|---|
| NVIDIA CORPORATION | 4.65% | 11.24% |
| BROADCOM INC. | 5.41% | 4.64% |
| ALPHABET INC. | 2.95% | 4.85% |
| ALPHABET INC. | 2.39% | 4.48% |
| MICRON TECHNOLOGY, INC. | 5.57% | 2.38% |
| WALMART INC. | 2.76% | 2.02% |
| ADVANCED MICRO DEVICES, INC. | 4.04% | 1.84% |
| INTEL CORPORATION | 3.84% | 1.25% |
| LAM RESEARCH CORPORATION | 3.62% | 0.87% |
| PALANTIR TECHNOLOGIES INC. | 1.52% | 0.78% |
| APPLIED MATERIALS, INC. | 2.36% | 0.78% |
| KLA CORPORATION | 1.61% | 0.55% |
| Only in MTUM | Only in ONEQ |
|---|---|
| JOHNSON & JOHNSON 3.76% | APPLE INC 10.04% |
| EXXON MOBIL CORPORATION 3.44% | MICROSOFT CORP 7.32% |
| CATERPILLAR INC. 3.21% | AMAZON.COM INC 6.37% |
| JPMORGAN CHASE & CO. 2.87% | TESLA INC 3.58% |
| GE VERNOVA INC. 2.54% | META PLATFORMS INC 3.03% |
| GENERAL ELECTRIC COMPANY 1.90% | CISCO SYSTEMS INC 1.04% |
| THE GOLDMAN SACHS GROUP, INC. 1.69% | COSTCO WHOLESALE CORP 0.93% |
| AMPHENOL CORPORATION 1.55% | NETFLIX INC 0.79% |
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.
| MTUM iShares MSCI USA Momentum Factor ETF | ONEQ Fidelity Nasdaq Composite Index ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Fidelity |
| What it is | MSCI USA Momentum Factor | Nasdaq Composite |
| Total return, 1 year | +21.8% | +20.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +4.3 pts | +3.1 pts |
| Expense ratio | 0.15% | 0.21% |
| Already in the S&P 500 | 98.2% | 87.4% |
| Holdings | 125 | 1022 |
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.
ONEQ in plain words
ONEQ is an index equity fund tracking the Nasdaq Composite. Over the year to Sep 11, 2026 it returned +20.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.21% a year. By its holdings filed for May 31, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 1022 positions, with the top ten at 57.9%.
Questions people ask
- Which returned more over the last year, MTUM or ONEQ?
- In the year to Sep 12, 2026, with distributions reinvested, MTUM returned +21.8% and ONEQ returned +20.6%, so MTUM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MTUM or ONEQ?
- MTUM charges 0.15% a year and ONEQ charges 0.21%, so MTUM is cheaper. Fees come from each fund's prospectus.
- How much do MTUM and ONEQ overlap with the S&P 500?
- By their latest filed holdings, 98% of MTUM and 87% of ONEQ by weight is stocks the S&P 500 already holds. Between the two funds, 30% 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, MTUM against ONEQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/MTUM-ONEQ Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources