ETF comparison
MTUM vs SPY
Momentum Factor vs US Large Cap.
iShares MSCI USA Momentum Factor ETF · State Street SPDR S&P 500 ETF Trust
Holdings overlap
108 positions appear in both funds. Buying equal dollars of MTUM and SPY would leave roughly 26.2% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
SPY is 6 bps cheaper than MTUM. On a $100,000 position that's about $56/yr more in fees for MTUM.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with MTUM vs SPY.
Top shared holdings
108 shared in total| # | Holding | In MTUM | In SPY | Overlap |
|---|---|---|---|---|
| 1 | ALPHABET INC. | 2.58% | 2.56% | 2.56% |
| 2 | BROADCOM INC. | 4.72% | 2.33% | 2.33% |
| 3 | ALPHABET INC. | 2.02% | 2.06% | 2.02% |
| 4 | MICRON TECHNOLOGY, INC. | 5.87% | 1.35% | 1.35% |
| 5 | ADVANCED MICRO DEVICES, INC. | 5.11% | 1.20% | 1.20% |
| 6 | EXXONMOBIL HOLDINGS CORPORATION | 3.77% | 1.05% | 1.05% |
| 7 | JOHNSON & JOHNSON | 3.54% | 1.00% | 1.00% |
| 8 | WALMART INC. | 2.64% | 0.87% | 0.87% |
| 9 | CHEVRON CORPORATION | 1.75% | 0.65% | 0.65% |
| 10 | CISCO SYSTEMS, INC. | 2.55% | 0.62% | 0.62% |
| 11 | APPLIED MATERIALS, INC. | 3.10% | 0.44% | 0.44% |
| 12 | INTEL CORPORATION | 4.06% | 0.44% | 0.44% |
Only in MTUM
18 total- WARNER BROS. DISCOVERY, INC. 0.32%
- TECHNIPFMC PLC 0.27%
- ONEOK, INC. 0.26%
- REVOLUTION MEDICINES, INC. 0.26%
- CORTEVA, INC. 0.25%
- Astera Labs Inc 0.22%
- ROCKET LAB CORPORATION 0.17%
- CURTISS-WRIGHT CORPORATION 0.16%
- Credo Technology Group Holding Ltd 0.15%
- ROYALTY PHARMA PLC 0.15%
Only in SPY
396 total- APPLE INC 7.69%
- NVIDIA CORP 7.30%
- MICROSOFT CORP 6.22%
- AMAZON.COM INC 3.94%
- META PLATFORMS INC CLASS A 2.09%
- ELI LILLY + CO 1.71%
- TESLA INC 1.64%
- BERKSHIRE HATHAWAY INC CL B 1.63%
- JPMORGAN CHASE + CO 1.41%
- VISA INC CLASS A SHARES 1.12%
Related comparisons
More comparisons with MTUM
- MTUM vs VUG · Vanguard Morningstar Growth ETF 26.1%
- MTUM vs SCHB · Schwab U.S. Broad Market ETF 25.9%
- MTUM vs VO · Vanguard Morningstar Mid-Cap ETF 22.9%
- MTUM vs DGRO · iShares Core Dividend Growth ETF 22.3%
- MTUM vs IWD · iShares Russell 1000 Value ETF 19.2%
- MTUM vs SCHD · Schwab U.S. Dividend Equity ETF 6.9%
More comparisons with SPY
- SPY vs ACWV · iShares MSCI Global Min Vol Factor ETF 24.7%
- SPY vs RDVY · First Trust Rising Dividend Achievers ETF 21.7%
- SPY vs RPG · Invesco S&P 500 Pure Growth ETF 20.8%
- SPY vs SPHB · Invesco S&P 500 High Beta ETF 20.3%
- SPY vs SPHQ · Invesco S&P 500 Quality ETF 18.8%
- SPY vs FVD · First Trust Value Line Dividend Index Fund 18.2%
Percentages are holdings overlap with the named fund.
Open MTUM or SPY at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.