ETF Versus

MTUM vs QUAL

iShares MSCI USA Momentum Factor ETF vs iShares MSCI USA Quality Factor ETF

Last updated: 2026-04-10

MTUM iShares

iShares MSCI USA Momentum Factor ETF (MTUM) is an exchange-traded fund issued by iShares that provides exposure to us factor - momentum securities. It charges a low expense ratio of 0.15%. The fund offers a modest dividend yield of 0.74%. Launched in 2013, the fund has a 13-year track record.

AUM: $21.9B ER: 0.15% Yield: 0.74% Since: Apr 16, 2013
QUAL iShares

iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund issued by iShares that provides exposure to us factor - quality securities. It charges a low expense ratio of 0.15%. The fund offers a modest dividend yield of 0.94%. Launched in 2013, the fund has a 13-year track record.

AUM: $48.2B ER: 0.15% Yield: 0.94% Since: Jul 18, 2013

Quick Verdict

Over the past year, MTUM has significantly outperformed with a 36.7% return vs 24.3%.

Key Metrics

Metric MTUM QUAL
Expense Ratio 0.15% 0.15%
Dividend Yield 0.7% 0.9%
Fund Family iShares iShares
Category US Factor - Momentum US Factor - Quality

Performance Chart

Indexed to 100 at start (5-year comparison)

75 93 111 129 147 165 2021-04 2022-07 2023-10 2025-01 2026-04
MTUM +54.3%
QUAL +58.7%

Performance Comparison

Period MTUM QUAL Difference
1 Month +6.18% +0.12% +6.06%
3 Months +2.02% -2.19% +4.21%
6 Months +3.70% +3.57% +0.13%
YTD +4.53% +0.29% +4.24%
1 Year +36.69% +24.31% +12.38%
3 Years +84.50% +60.67% +23.83%
5 Years +54.34% +58.69% -4.35%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period MTUM Fees QUAL Fees You Save
$10,000 10 years $298 $298 $0
$10,000 20 years $1,278 $1,278 $0
$10,000 30 years $4,109 $4,109 $0
$50,000 10 years $1,490 $1,490 $0
$50,000 30 years $20,547 $20,547 $0
$100,000 30 years $41,094 $41,094 $0

Risk Metrics

Based on 5 years of daily returns

Metric MTUM QUAL
Annualized Volatility 20.5% 17.4%
Max Drawdown -32.8% -29.0%
Sharpe Ratio 0.31 0.36

Dividend Comparison

Metric MTUM QUAL
Annual Dividend (per share) $1.97 $1.89
Dividend Yield 0.74% 0.95%
Distribution Frequency Quarterly Quarterly

Top Holdings

2 of top 10 holdings overlap (20% overlap in top holdings)

MTUM Top Holdings

NameWeight
Broadcom Inc.AVGO4.96%
Micron Technology, Inc.MU4.78%
NVIDIA CorporationNVDA4.63%
Johnson & JohnsonJNJ4.31%
Exxon Mobil CorporationXOM3.80%
Lam Research CorporationLRCX3.78%
JPMorgan Chase & Co.JPM3.08%
Caterpillar Inc.CAT3.04%
Walmart Inc.WMT2.90%
Advanced Micro Devices, Inc.AMD2.88%

QUAL Top Holdings

NameWeight
Apple Inc.AAPL6.23%
NVIDIA CorporationNVDA6.18%
Microsoft CorporationMSFT4.82%
Meta Platforms, Inc.META3.64%
The TJX Companies, Inc.TJX3.42%
Lam Research CorporationLRCX3.21%
Eli Lilly and CompanyLLY3.10%
Visa Inc.V3.01%
KLA CorporationKLAC2.77%
Applied Materials, Inc.AMAT2.49%

Which One Should You Choose?

Choose MTUM if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

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