Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
MTUM vs VUG: how they differ
MTUM and VUG hold 32% of their weight in the same names, and MTUM returned more over the year.
iShares MSCI USA Momentum Factor ETF and Vanguard Growth Index Fund.
What they hold in common
By the books each fund has filed, MTUM and VUG hold 32% of their money in the same securities at the same weight.
| Holding | MTUM | VUG |
|---|---|---|
| NVIDIA CORPORATION | 4.65% | 12.63% |
| BROADCOM INC. | 5.41% | 4.29% |
| ALPHABET INC. | 2.95% | 5.76% |
| ADVANCED MICRO DEVICES, INC. | 4.04% | 2.62% |
| ALPHABET INC. | 2.39% | 4.54% |
| APPLIED MATERIALS, INC. | 2.36% | 1.60% |
| LAM RESEARCH CORPORATION | 3.62% | 1.51% |
| KLA CORPORATION | 1.61% | 1.10% |
| GE VERNOVA INC. | 2.54% | 0.89% |
| INTEL CORPORATION | 3.84% | 0.79% |
| PALANTIR TECHNOLOGIES INC. | 1.52% | 0.71% |
| WESTERN DIGITAL CORPORATION | 1.54% | 0.62% |
| Only in MTUM | Only in VUG |
|---|---|
| MICRON TECHNOLOGY, INC. 5.57% | Apple Inc 11.67% |
| JOHNSON & JOHNSON 3.76% | Microsoft Corp 7.62% |
| EXXON MOBIL CORPORATION 3.44% | Amazon.com Inc 4.47% |
| CATERPILLAR INC. 3.21% | Meta Platforms Inc 3.41% |
| JPMORGAN CHASE & CO. 2.87% | Tesla Inc 3.27% |
| WALMART INC. 2.76% | Eli Lilly & Co 2.81% |
| THE GOLDMAN SACHS GROUP, INC. 1.69% | Visa Inc 1.54% |
| RTX CORPORATION 1.46% | Costco Wholesale Corp 1.16% |
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 | VUG Vanguard Growth Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | MSCI USA Momentum Factor | US growth |
| Total return, 1 year | +21.8% | +12.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +4.3 pts | −4.6 pts |
| Expense ratio | 0.15% | 0.03% |
| Already in the S&P 500 | 98.2% | 97.4% |
| Holdings | 125 | 147 |
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.
VUG in plain words
VUG is an index equity fund tracking the US growth. Over the year to Sep 11, 2026 it returned +12.9% 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, 97% of the fund by weight is stocks the S&P 500 also holds, across 147 positions, with the top ten at 60.5%.
Questions people ask
- Which returned more over the last year, MTUM or VUG?
- In the year to Sep 12, 2026, with distributions reinvested, MTUM returned +21.8% and VUG returned +12.9%, so MTUM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MTUM or VUG?
- MTUM charges 0.15% a year and VUG charges 0.03%, so VUG is cheaper. Fees come from each fund's prospectus.
- How much do MTUM and VUG overlap with the S&P 500?
- By their latest filed holdings, 98% of MTUM and 97% of VUG by weight is stocks the S&P 500 already holds. Between the two funds, 32% 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 VUG, data as of Sep 12, 2026. https://etfiq.com/compare/any/MTUM-VUG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources