Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
MTUM vs VOE: how they differ
MTUM and VOE hold 0% of their weight in the same names, and MTUM returned more over the year.
iShares MSCI USA Momentum Factor ETF and Vanguard Mid-Cap Value Index Fund.
What they hold in common
By the books each fund has filed, MTUM and VOE hold 0% of their money in the same securities at the same weight.
| Only in MTUM | Only in VOE |
|---|---|
| ADVANCED MICRO DEVICES 5.39% | Cummins Inc 1.71% |
| MICRON TECHNOLOGY 5.20% | Valero Energy Corp 1.34% |
| INTEL CORPORATION 4.14% | Marathon Petroleum Corp 1.29% |
| CISCO SYSTEMS INC 3.48% | CRH PLC 1.24% |
| JOHNSON & JOHNSON 3.38% | United Rentals Inc 1.23% |
| SANDISK 3.10% | General Motors Co 1.21% |
| APPLIED MATERIAL INC 2.87% | SLB Ltd 1.21% |
| ALPHABET CLASS A 2.69% | Simon Property Group Inc 1.20% |
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 Jun 30, 2026 and Sep 10, 2026.
| MTUM iShares MSCI USA Momentum Factor ETF | VOE Vanguard Mid-Cap Value Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | MSCI USA Momentum Factor | Mid-Cap Value |
| Total return, 1 year | +21.8% | +20.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +4.3 pts | +2.7 pts |
| Expense ratio | 0.15% | 0.05% |
| Already in the S&P 500 | 98.2% | 96.6% |
| Holdings | 128 | 170 |
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 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.
VOE in plain words
VOE is an index equity fund tracking the Mid-Cap Value. Over the year to Sep 11, 2026 it returned +20.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% 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 170 positions, with the top ten at 12.7%.
Questions people ask
- Which returned more over the last year, MTUM or VOE?
- In the year to Sep 13, 2026, with distributions reinvested, MTUM returned +21.8% and VOE returned +20.2%, so MTUM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MTUM or VOE?
- MTUM charges 0.15% a year and VOE charges 0.05%, so VOE is cheaper. Fees come from each fund's prospectus.
- How much do MTUM and VOE overlap with the S&P 500?
- By their latest filed holdings, 98% of MTUM and 97% of VOE by weight is stocks the S&P 500 already holds. Between the two funds, 0% 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, MTUM against VOE, data as of Sep 13, 2026. https://etfiq.com/compare/any/mtum-vs-voe Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources