Data as of Oct 28, 2026.
MTUM vs VTI: Differences, Returns & Fees
Over the year to Oct 28, 2026, MTUM returned +18.4% to VTI's +13.5%; 26% of their weight is in the same names.
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Net assets: $18.7bn on Oct 27, 2026 for iShares MSCI USA Momentum Factor ETF, and $689.2bn on Sep 30, 2026 for Vanguard Morningstar Total Stock Market ETF.
Pair scorecard
VTI costs 0.12 points a year less; their one-year returns differ by 4.9 points; VTI is far larger, $689.2bn against $20.4bn.
| Measure | MTUM | VTI |
|---|---|---|
| Return | ||
| Total return, 1 year | +18.4% | +13.5% |
| Drawdown | ||
| Below its high | 11.9%, high on Jun 22, 2026 | |
| Benchmark | ||
| What it tracks | MSCI USA Momentum SR Variant Index | Morningstar US Total Market Index |
| Cost and size | ||
| Expense ratio | 0.15% | 0.03% |
| Net assets, as of Sep 30, 2026 | $20.4bn | $689.2bn |
| Holdings | ||
| Holdings in common | 26% | |
| Top ten holdings, share of the fund | 35.5% | 34.7% |
Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method
Risk and return
Apr 26, 2013 to Oct 23, 2026 · 704 weekly returnsMTUM returned more: +554.7% to +473.8%. VTI swung less: 16.3% to 19.0%. MTUM fell slightly less at its worst: −31.9% to −32.9%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | MTUM | VTI | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +554.7% | +473.8% | MTUM | Price change plus distributions, reinvested. |
| Annualized | +14.9% | +13.8% | MTUM (slight) | Total return as a yearly rate. |
| Price return | +459.1% | +357.7% | MTUM | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 19.0% | 16.3% | VTI | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 13.0% | 11.3% | VTI | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −31.9% | −32.9% | MTUM (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.73 | 0.76 | VTI (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 1.07 | 1.09 | VTI (slight) | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.47 | 0.42 | MTUM | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 704 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, MTUM and VTI hold 26% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.
half
26% in common
Only in one fund ↓
Side by side
MTUM and VTI on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
MTUM and VTI are built for the same job. How do they differ in cost, holdings and results?
- What each follows. MTUM follows MSCI USA Momentum SR Variant Index and VTI follows Morningstar US Total Market Index.
- Holdings in common. 26% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 MTUM returned +18.4% and VTI +13.5% with distributions reinvested, a gap of 4.9 points.
Data as of Oct 28, 2026.
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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.
VTI
VTI tracks an index of US total market. Over the year to Oct 28, 2026 it returned +13.5% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 3,521 positions, with the top ten at 34.7%.
Questions people ask
- Which returned more over the last year, MTUM or VTI?
- In the year to Oct 28, 2026, with distributions reinvested, MTUM returned +18.4% and VTI +13.5%.
- Which is cheaper, MTUM or VTI?
- VTI is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
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.
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ETFIQ, MTUM against VTI, data as of Oct 28, 2026. https://etfiq.com/compare/any/mtum-vs-vti
ETFIQ. (Oct 28, 2026). MTUM against VTI. Retrieved from https://etfiq.com/compare/any/mtum-vs-vti
[MTUM against VTI (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/mtum-vs-vti)
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