Which returned more over the last year, MTUM or SHY?

In the year to Oct 28, 2026, with distributions reinvested, MTUM returned +18.4% and SHY +1.6%.

Which is cheaper, MTUM or SHY?

Neither: MTUM and SHY both charge 0.15% a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

MTUM vs SHY: Differences, Returns & Fees

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Over the year to Oct 28, 2026, MTUM returned +18.4% to SHY's +1.6%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $18.7bn for iShares MSCI USA Momentum Factor ETF and $27.4bn for iShares 1-3 Year Treasury Bond ETF.

MTUM on its own →SHY on its own →

At a glance

+18.4%

MTUM total return, 1 year

+1.6%

SHY total return, 1 year

0.15%

MTUM expense ratio

0.15%

SHY expense ratio

Pair scorecard

Both cost 0.15% a year; their one-year returns differ by 16.8 points; SHY is 1.5 times larger.

Points (pts) are percentage points.

MTUM vs SHY: Differences, Returns & Fees
Measure	MTUM	SHY
Return
Measure	MTUM	SHY
Total return, 1 year	+18.4%	+1.6%
Drawdown
Measure	MTUM	SHY
Below its high	11.9%, high on Jun 22, 2026
Benchmark
Measure	MTUM	SHY
What it tracks	MSCI USA Momentum SR Variant Index	ICE U.S. Treasury 1-3 Year Bond Index
Cost and size
Measure	MTUM	SHY
Expense ratio	0.15%	0.15%
Net assets, as of Oct 27, 2026	$18.7bn	$27.4bn
Holdings
Measure	MTUM	SHY
Holdings in common	0%
In the S&P 500, by weight	93%
Top ten holdings, share of the fund	35.5%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

By the books each fund has filed, MTUM and SHY hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first MTUM SHY

Only in one fund ↓

Only in MTUM

ADVANCED MICRO DEVICES 6.06%

MICRON TECHNOLOGY 5.00%

INTEL CORPORATION 3.92%

CISCO SYSTEMS INC 3.64%

JOHNSON & JOHNSON 3.45%

EXXONMOBIL HOLDINGS CORP 2.96%

PALO ALTO NETWORKS 2.88%

ALPHABET CLASS A 2.62%

Only in SHY

TREASURY NOTE 2.11%

TREASURY NOTE 1.99%

TREASURY NOTE 1.83%

TREASURY NOTE 1.73%

TREASURY NOTE 1.62%

TREASURY NOTE 1.54%

TREASURY NOTE 1.51%

TREASURY NOTE 1.49%

Check overlap with more funds →

Side by side

MTUM iShares MSCI USA Momentum Factor ETF SHY iShares 1-3 Year Treasury Bond ETF

Where it sits Stock ETF Bond ETF

Issuer iShares iShares

What it is Tracks the MSCI USA Momentum Factor Tracks an index of 1-3 Year Treasury Bond

Total return, 1 year +18.4% +1.6%

Its benchmark over the same days +13.6% (MLRG) +1.7% (BBSB)

Gap to its benchmark +4.8 pts vs MLRG −0.1 pts vs BBSB

Expense ratio 0.15% 0.15%

Holdings 126 90

Net assets, as of Oct 27, 2026 $18.7bn $27.4bn

MTUM and SHY on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

MTUM

MTUM tracks the MSCI USA Momentum Factor. Over the year to Oct 28, 2026 it returned +18.4% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 126 positions, with the top ten at 35.5%. It sat 11.9% below its high of Jun 22, 2026 on Oct 28, 2026.

SHY

SHY tracks an index of 1-3 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +1.6% with distributions reinvested, against +1.7% for its benchmark, the ICE U.S. Treasury 1-3 Year Bond Index.

Questions people ask

Which returned more over the last year, MTUM or SHY?: In the year to Oct 28, 2026, with distributions reinvested, MTUM returned +18.4% and SHY +1.6%.
Which is cheaper, MTUM or SHY?: Neither: MTUM and SHY both charge 0.15% a year. Fees come from each fund's prospectus.

Other comparisons

MTUM vs VGSH IEI vs MTUM MTUM vs USHY MTUM vs VGIT AVUS vs SHY SHY vs SPHQ SHY vs SPMO SHY vs USMV

Where to next

MTUM on its own →SHY on its own →Hold both: look the portfolio through →Rankings →MTUM dividend history →MTUM holdings →SHY dividend history →SHY holdings →Standards and sources →

Sources and dates

MTUM and SHY filings on SEC EDGAR ↗

MTUM prospectus with the expense ratio (SEC) ↗

iShares page for MTUM ↗

SHY prospectus with the expense ratio (SEC) ↗

iShares page for SHY ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, MTUM against SHY, data as of Oct 28, 2026. https://etfiq.com/compare/any/mtum-vs-shy

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.