Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
MTUM vs XOP: how they differ
MTUM and XOP hold 3% of their weight in the same names, and XOP returned more over the year.
iShares MSCI USA Momentum Factor ETF and State Street(R) SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF.
What they hold in common
By the books each fund has filed, MTUM and XOP hold 3% of their money in the same securities at the same weight.
| Holding | MTUM | XOP |
|---|---|---|
| EXXON MOBIL CORPORATION | 3.44% | 2.47% |
| EQT CORPORATION | 0.05% | 2.75% |
| Only in MTUM | Only in XOP |
|---|---|
| MICRON TECHNOLOGY, INC. 5.57% | Texas Pacific Land Corp 3.17% |
| BROADCOM INC. 5.41% | PBF Energy Inc 2.91% |
| NVIDIA CORPORATION 4.65% | Delek US Holdings Inc 2.81% |
| ADVANCED MICRO DEVICES, INC. 4.04% | Expand Energy Corp 2.80% |
| INTEL CORPORATION 3.84% | CNX Resources Corp 2.78% |
| JOHNSON & JOHNSON 3.76% | Valero Energy Corp 2.75% |
| LAM RESEARCH CORPORATION 3.62% | Antero Resources Corp 2.68% |
| CATERPILLAR INC. 3.21% | HF Sinclair Corp 2.68% |
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 | XOP State Street(R) SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | MSCI USA Momentum Factor | SPDR S&P Oil & Gas Exploration & Production |
| Total return, 1 year | +21.8% | +52.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +4.3 pts | +34.9 pts |
| Expense ratio | 0.15% | 0.35% |
| Holdings | 125 | 51 |
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.
XOP in plain words
XOP is a commodity fund tracking the SPDR S&P Oil & Gas Exploration & Production. Over the year to Sep 11, 2026 it returned +52.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. It sat 26.8% below its high of Jun 23, 2014 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, MTUM or XOP?
- In the year to Sep 12, 2026, with distributions reinvested, MTUM returned +21.8% and XOP returned +52.4%, so XOP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MTUM or XOP?
- MTUM charges 0.15% a year and XOP charges 0.35%, so MTUM is cheaper. Fees come from each fund's prospectus.
Other comparisons
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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 XOP, data as of Sep 12, 2026. https://etfiq.com/compare/any/MTUM-XOP Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources