Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
MTUM vs SPHQ: how they differ
MTUM and SPHQ hold 23% of their weight in the same names, and MTUM returned more over the year.
iShares MSCI USA Momentum Factor ETF and Invesco S&P 500 Quality ETF.
What they hold in common
By the books each fund has filed, MTUM and SPHQ hold 23% of their money in the same securities at the same weight.
| Holding | MTUM | SPHQ |
|---|---|---|
| LAM RESEARCH CORPORATION | 3.62% | 4.10% |
| CATERPILLAR INC. | 3.21% | 3.78% |
| GE VERNOVA INC. | 2.54% | 3.15% |
| APPLIED MATERIALS, INC. | 2.36% | 2.80% |
| GENERAL ELECTRIC COMPANY | 1.90% | 4.16% |
| KLA CORPORATION | 1.61% | 3.27% |
| WESTERN DIGITAL CORPORATION | 1.54% | 2.15% |
| NEWMONT CORPORATION | 1.17% | 1.22% |
| GILEAD SCIENCES, INC. | 1.03% | 2.28% |
| THE TJX COMPANIES, INC. | 0.90% | 1.79% |
| APPLOVIN CORPORATION | 0.87% | 1.56% |
| JOHNSON CONTROLS INTERNATIONAL PUBLIC LI | 0.50% | 1.05% |
| Only in MTUM | Only in SPHQ |
|---|---|
| MICRON TECHNOLOGY, INC. 5.57% | Costco Wholesale Corp. 4.82% |
| BROADCOM INC. 5.41% | Visa Inc. 4.69% |
| NVIDIA CORPORATION 4.65% | Apple Inc. 4.51% |
| ADVANCED MICRO DEVICES, INC. 4.04% | Mastercard Inc. 4.32% |
| INTEL CORPORATION 3.84% | Cisco Systems, Inc. 3.54% |
| JOHNSON & JOHNSON 3.76% | Procter & Gamble Co. (The) 3.46% |
| EXXON MOBIL CORPORATION 3.44% | Coca-Cola Co. (The) 3.34% |
| ALPHABET INC. 2.95% | Merck & Co., Inc. 2.87% |
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.
| MTUM iShares MSCI USA Momentum Factor ETF | SPHQ Invesco S&P 500 Quality ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | MSCI USA Momentum Factor | S&P 500 Quality |
| Total return, 1 year | +21.8% | +17.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +4.3 pts | −0.1 pts |
| Expense ratio | 0.15% | 0.15% |
| Already in the S&P 500 | 98.2% | 99.9% |
| Holdings | 125 | 99 |
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.
SPHQ in plain words
SPHQ is an index equity fund tracking the S&P 500 Quality. Over the year to Sep 11, 2026 it returned +17.4% 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, 100% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 40.7%. It sat 6.1% below its high of Jun 30, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, MTUM or SPHQ?
- In the year to Sep 12, 2026, with distributions reinvested, MTUM returned +21.8% and SPHQ returned +17.4%, so MTUM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MTUM or SPHQ?
- MTUM charges 0.15% a year and SPHQ charges 0.15%, so MTUM is cheaper. Fees come from each fund's prospectus.
- How much do MTUM and SPHQ overlap with the S&P 500?
- By their latest filed holdings, 98% of MTUM and 100% of SPHQ by weight is stocks the S&P 500 already holds. Between the two funds, 23% 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 SPHQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/MTUM-SPHQ Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources