Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
MTUM vs VIG: how they differ
MTUM and VIG hold 31% of their weight in the same names, and MTUM returned more over the year.
iShares MSCI USA Momentum Factor ETF and Vanguard Dividend Appreciation Index Fund.
What they hold in common
By the books each fund has filed, MTUM and VIG hold 31% of their money in the same securities at the same weight.
| Holding | MTUM | VIG |
|---|---|---|
| BROADCOM INC. | 5.41% | 5.21% |
| EXXON MOBIL CORPORATION | 3.44% | 2.92% |
| JPMORGAN CHASE & CO. | 2.87% | 3.61% |
| WALMART INC. | 2.76% | 2.62% |
| JOHNSON & JOHNSON | 3.76% | 2.51% |
| CATERPILLAR INC. | 3.21% | 1.88% |
| LAM RESEARCH CORPORATION | 3.62% | 1.46% |
| THE GOLDMAN SACHS GROUP, INC. | 1.69% | 1.20% |
| KLA CORPORATION | 1.61% | 1.04% |
| MORGAN STANLEY | 1.32% | 1.04% |
| INTERNATIONAL BUSINESS MACHINES CORPORAT | 1.20% | 0.98% |
| ANALOG DEVICES, INC. | 1.02% | 0.89% |
| Only in MTUM | Only in VIG |
|---|---|
| MICRON TECHNOLOGY, INC. 5.57% | Apple Inc 4.10% |
| NVIDIA CORPORATION 4.65% | Microsoft Corp 3.99% |
| ADVANCED MICRO DEVICES, INC. 4.04% | Eli Lilly & Co 3.36% |
| INTEL CORPORATION 3.84% | Visa Inc 2.34% |
| ALPHABET INC. 2.95% | Costco Wholesale Corp 2.04% |
| GE VERNOVA INC. 2.54% | Mastercard Inc 1.86% |
| ALPHABET INC. 2.39% | AbbVie Inc 1.69% |
| APPLIED MATERIALS, INC. 2.36% | Cisco Systems Inc 1.64% |
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 | VIG Vanguard Dividend Appreciation Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | MSCI USA Momentum Factor | Dividend growth |
| Total return, 1 year | +21.8% | +12.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +4.3 pts | −5.1 pts |
| Expense ratio | 0.15% | 0.04% |
| Already in the S&P 500 | 98.2% | 95.7% |
| Holdings | 125 | 332 |
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.
VIG in plain words
VIG is an index equity fund tracking the Dividend growth. Over the year to Sep 11, 2026 it returned +12.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for Apr 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 332 positions, with the top ten at 32.7%.
Questions people ask
- Which returned more over the last year, MTUM or VIG?
- In the year to Sep 12, 2026, with distributions reinvested, MTUM returned +21.8% and VIG returned +12.4%, so MTUM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MTUM or VIG?
- MTUM charges 0.15% a year and VIG charges 0.04%, so VIG is cheaper. Fees come from each fund's prospectus.
- How much do MTUM and VIG overlap with the S&P 500?
- By their latest filed holdings, 98% of MTUM and 96% of VIG by weight is stocks the S&P 500 already holds. Between the two funds, 31% 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 VIG, data as of Sep 12, 2026. https://etfiq.com/compare/any/MTUM-VIG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources