Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
MTUM vs XLU: how they differ
MTUM and XLU hold 2% of their weight in the same names, and MTUM returned more over the year.
iShares MSCI USA Momentum Factor ETF and State Street(R) Utilities Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, MTUM and XLU hold 2% of their money in the same securities at the same weight.
| Holding | MTUM | XLU |
|---|---|---|
| ENTERGY CORPORATION | 0.58% | 3.71% |
| NRG ENERGY, INC. | 0.26% | 2.18% |
| AMERICAN ELECTRIC POWER COMPANY, INC. | 0.17% | 5.26% |
| NISOURCE INC. | 0.15% | 1.61% |
| ALLIANT ENERGY CORPORATION | 0.10% | 1.39% |
| CENTERPOINT ENERGY, INC. | 0.06% | 2.04% |
| AMEREN CORPORATION | 0.06% | 2.21% |
| ATMOS ENERGY CORPORATION | 0.06% | 2.03% |
| Evergy, Inc. | 0.05% | 1.41% |
| WEC ENERGY GROUP INC. | 0.05% | 2.69% |
| Only in MTUM | Only in XLU |
|---|---|
| MICRON TECHNOLOGY, INC. 5.57% | NextEra Energy Inc 12.93% |
| BROADCOM INC. 5.41% | Southern Co/The 7.62% |
| NVIDIA CORPORATION 4.65% | Duke Energy Corp 6.97% |
| ADVANCED MICRO DEVICES, INC. 4.04% | Constellation Energy Corp 5.61% |
| INTEL CORPORATION 3.84% | Sempra 4.28% |
| JOHNSON & JOHNSON 3.76% | Dominion Energy Inc 4.24% |
| LAM RESEARCH CORPORATION 3.62% | Vistra Corp 3.55% |
| EXXON MOBIL CORPORATION 3.44% | Xcel Energy Inc 3.54% |
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 | XLU State Street(R) Utilities Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | MSCI USA Momentum Factor | Utilities |
| Total return, 1 year | +21.8% | +2.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +4.3 pts | −15.1 pts |
| Expense ratio | 0.15% | 0.08% |
| Already in the S&P 500 | 98.2% | 100.0% |
| Holdings | 125 | 31 |
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.
XLU in plain words
XLU is an index equity fund tracking the Utilities. Over the year to Sep 11, 2026 it returned +2.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% 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 31 positions, with the top ten at 57.7%. It sat 10.0% below its high of Feb 27, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, MTUM or XLU?
- In the year to Sep 12, 2026, with distributions reinvested, MTUM returned +21.8% and XLU returned +2.4%, so MTUM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MTUM or XLU?
- MTUM charges 0.15% a year and XLU charges 0.08%, so XLU is cheaper. Fees come from each fund's prospectus.
- How much do MTUM and XLU overlap with the S&P 500?
- By their latest filed holdings, 98% of MTUM and 100% of XLU by weight is stocks the S&P 500 already holds. Between the two funds, 2% 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 XLU, data as of Sep 12, 2026. https://etfiq.com/compare/any/MTUM-XLU Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources