Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs MTUM: how they differ
GARP and MTUM hold 34% of their weight in the same names, and GARP returned more over the year.
iShares MSCI USA Quality GARP ETF and iShares MSCI USA Momentum Factor ETF.
What they hold in common
By the books each fund has filed, GARP and MTUM hold 34% of their money in the same securities at the same weight.
| Holding | GARP | MTUM |
|---|---|---|
| MICRON TECHNOLOGY | 4.76% | 5.20% |
| APPLIED MATERIAL INC | 2.33% | 2.87% |
| LAM RESEARCH | 4.02% | 2.31% |
| ALPHABET CLASS A | 2.28% | 2.69% |
| CATERPILLAR INC | 3.65% | 2.14% |
| ALPHABET CLASS C | 2.17% | 2.13% |
| WESTERN DIGITAL CORP | 2.06% | 1.97% |
| INTEL CORPORATION | 1.90% | 4.14% |
| ADVANCED MICRO DEVICES | 1.77% | 5.39% |
| KLA | 3.50% | 1.18% |
| FORTINET | 1.49% | 0.89% |
| ARISTA NETWORKS | 1.31% | 0.83% |
| Only in GARP | Only in MTUM |
|---|---|
| APPLE 5.23% | CISCO SYSTEMS INC 3.48% |
| MICROSOFT 5.16% | JOHNSON & JOHNSON 3.38% |
| NVIDIA 5.09% | SANDISK 3.10% |
| META PLATFORMS CLASS A 4.81% | EXXONMOBIL HOLDINGS CORP 2.69% |
| VISA CLASS A 4.60% | UNITEDHEALTH GROUP INC 2.08% |
| PALANTIR TECHNOLOGIES CLASS A 2.34% | COCA-COLA 1.89% |
| ADOBE INC 2.13% | MERCK & CO INC 1.83% |
| AMAZON.COM INC 2.07% | CHEVRON 1.52% |
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 Sep 10, 2026.
| GARP iShares MSCI USA Quality GARP ETF | MTUM iShares MSCI USA Momentum Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI USA Quality GARP | MSCI USA Momentum Factor |
| Total return, 1 year | +29.5% | +21.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | +4.3 pts |
| Expense ratio | 0.15% | 0.15% |
| Already in the S&P 500 | 94.4% | 98.2% |
| Holdings | 133 | 128 |
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% 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 Sep 10, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 133 positions, with the top ten at 43.2%.
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. By its holdings filed for Sep 10, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 128 positions, with the top ten at 35.3%. It sat 11.1% below its high of Jun 22, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, GARP or MTUM?
- In the year to Sep 13, 2026, with distributions reinvested, GARP returned +29.5% and MTUM returned +21.8%, so GARP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or MTUM?
- GARP charges 0.15% a year and MTUM charges 0.15%, so GARP is cheaper. Fees come from each fund's prospectus.
- How much do GARP and MTUM overlap with the S&P 500?
- By their latest filed holdings, 94% of GARP and 98% of MTUM by weight is stocks the S&P 500 already holds. Between the two funds, 34% of their books are the same securities at the same weight.
Other comparisons
Where to next
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, GARP against MTUM, data as of Sep 13, 2026. https://etfiq.com/compare/any/garp-vs-mtum Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources