Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
MTUM vs VOO: how they differ
MTUM and VOO hold 37% of their weight in the same names, and MTUM returned more over the year.
iShares MSCI USA Momentum Factor ETF and Vanguard 500 Index Fund.
What they hold in common
By the books each fund has filed, MTUM and VOO hold 37% of their money in the same securities at the same weight.
| Holding | MTUM | VOO |
|---|---|---|
| NVIDIA CORPORATION | 4.65% | 7.53% |
| ALPHABET INC. | 2.95% | 3.26% |
| BROADCOM INC. | 5.41% | 2.78% |
| ALPHABET INC. | 2.39% | 2.60% |
| MICRON TECHNOLOGY, INC. | 5.57% | 2.02% |
| ADVANCED MICRO DEVICES, INC. | 4.04% | 1.47% |
| JPMORGAN CHASE & CO. | 2.87% | 1.26% |
| INTEL CORPORATION | 3.84% | 1.03% |
| JOHNSON & JOHNSON | 3.76% | 0.95% |
| APPLIED MATERIALS, INC. | 2.36% | 0.89% |
| EXXON MOBIL CORPORATION | 3.44% | 0.88% |
| LAM RESEARCH CORPORATION | 3.62% | 0.84% |
| Only in MTUM | Only in VOO |
|---|---|
| BLOOM ENERGY CORPORATION 0.51% | Apple Inc 6.61% |
| FTAI Aviation Ltd. 0.12% | Microsoft Corp 4.31% |
| ROCKET LAB CORPORATION 0.12% | Amazon.com Inc 3.63% |
| Credo Technology Group Holding Ltd 0.12% | Meta Platforms Inc 1.92% |
| CURTISS-WRIGHT CORPORATION 0.10% | Tesla Inc 1.84% |
| HEICO CORPORATION 0.09% | Eli Lilly & Co 1.48% |
| AST SPACEMOBILE, INC. 0.08% | Berkshire Hathaway Inc 1.43% |
| HEICO CORPORATION 0.08% | Visa Inc 0.87% |
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 and Jun 30, 2026.
| MTUM iShares MSCI USA Momentum Factor ETF | VOO Vanguard 500 Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | MSCI USA Momentum Factor | S&P 500 |
| Total return, 1 year | +21.8% | +17.6% |
| 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% | 0.03% |
| Already in the S&P 500 | 98.2% | 100.0% |
| Holdings | 125 | 506 |
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.
VOO in plain words
VOO is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 506 positions, with the top ten at 36.5%.
Questions people ask
- Which returned more over the last year, MTUM or VOO?
- In the year to Sep 12, 2026, with distributions reinvested, MTUM returned +21.8% and VOO returned +17.6%, so MTUM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MTUM or VOO?
- MTUM charges 0.15% a year and VOO charges 0.03%, so VOO is cheaper. Fees come from each fund's prospectus.
- How much do MTUM and VOO overlap with the S&P 500?
- By their latest filed holdings, 98% of MTUM and 100% of VOO by weight is stocks the S&P 500 already holds. Between the two funds, 37% 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 VOO, data as of Sep 12, 2026. https://etfiq.com/compare/any/MTUM-VOO Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources