Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
MTUM vs SDY: how they differ
MTUM and SDY hold 8% of their weight in the same names, and MTUM returned more over the year.
iShares MSCI USA Momentum Factor ETF and State Street(R) SPDR(R) S&P(R) Dividend ETF.
What they hold in common
By the books each fund has filed, MTUM and SDY hold 8% of their money in the same securities at the same weight.
| Holding | MTUM | SDY |
|---|---|---|
| INTERNATIONAL BUSINESS MACHINES CORPORAT | 1.20% | 1.27% |
| JOHNSON & JOHNSON | 3.76% | 1.00% |
| EXXON MOBIL CORPORATION | 3.44% | 0.93% |
| LOCKHEED MARTIN CORPORATION | 0.75% | 0.85% |
| CUMMINS INC. | 0.67% | 0.69% |
| ANALOG DEVICES, INC. | 1.02% | 0.61% |
| CATERPILLAR INC. | 3.21% | 0.47% |
| Northrop Grumman Corporation | 0.33% | 0.47% |
| L3HARRIS TECHNOLOGIES, INC. | 0.33% | 0.52% |
| CARDINAL HEALTH, INC. | 0.29% | 0.47% |
| WALMART INC. | 2.76% | 0.29% |
| CENCORA, INC. | 0.28% | 0.29% |
| Only in MTUM | Only in SDY |
|---|---|
| MICRON TECHNOLOGY, INC. 5.57% | Verizon Communications Inc 2.15% |
| BROADCOM INC. 5.41% | Realty Income Corp 2.14% |
| NVIDIA CORPORATION 4.65% | Kenvue Inc 1.76% |
| ADVANCED MICRO DEVICES, INC. 4.04% | Kimberly-Clark Corp 1.75% |
| INTEL CORPORATION 3.84% | AbbVie Inc 1.63% |
| LAM RESEARCH CORPORATION 3.62% | QUALCOMM Inc 1.57% |
| ALPHABET INC. 2.95% | Texas Instruments Inc 1.56% |
| JPMORGAN CHASE & CO. 2.87% | Target Corp 1.55% |
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.
| MTUM iShares MSCI USA Momentum Factor ETF | SDY State Street(R) SPDR(R) S&P(R) Dividend ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | MSCI USA Momentum Factor | SPDR S&P Dividend |
| Total return, 1 year | +21.8% | +11.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +4.3 pts | −6.5 pts |
| Expense ratio | 0.15% | 0.35% |
| Already in the S&P 500 | 98.2% | 84.6% |
| Holdings | 125 | 155 |
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.
SDY in plain words
SDY is an index equity fund tracking the SPDR S&P Dividend. Over the year to Sep 11, 2026 it returned +11.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Jun 30, 2026, 85% of the fund by weight is stocks the S&P 500 also holds, across 155 positions, with the top ten at 17.1%. It sat 3.9% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, MTUM or SDY?
- In the year to Sep 12, 2026, with distributions reinvested, MTUM returned +21.8% and SDY returned +11.0%, so MTUM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MTUM or SDY?
- MTUM charges 0.15% a year and SDY charges 0.35%, so MTUM is cheaper. Fees come from each fund's prospectus.
- How much do MTUM and SDY overlap with the S&P 500?
- By their latest filed holdings, 98% of MTUM and 85% of SDY by weight is stocks the S&P 500 already holds. Between the two funds, 8% 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, MTUM against SDY, data as of Sep 12, 2026. https://etfiq.com/compare/any/MTUM-SDY Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources