ETF Versus

MTUM vs QUAL

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

Last updated: 2026-04-02

iShares MSCI USA Momentum Factor ETF (MTUM) is an exchange-traded fund 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 0.80%. Launched in 2013, the fund has a 13-year track record.

AUM: $20.0B ER: 0.15% Yield: 0.80% Since: Apr 16, 2013

iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund 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 0.98%. Launched in 2013, the fund has a 13-year track record.

AUM: $45.6B ER: 0.15% Yield: 0.98% Since: Jul 18, 2013

Quick Verdict

Over the past year, MTUM has significantly outperformed with a 20.5% return vs 12.5%.

Key Metrics

Metric MTUM QUAL
Expense Ratio 0.15% 0.15%
Dividend Yield 0.8% 1.0%
Fund Family N/A N/A
Category US Factor - Momentum US Factor - Quality

Performance Chart

Indexed to 100 at start (5-year comparison)

80 97 114 131 148 165 2021-04 2022-06 2023-09 2024-12 2026-04
MTUM +48.0%
QUAL +54.7%

Performance Comparison

Period MTUM QUAL Difference
1 Month -3.33% -5.72% +2.39%
3 Months -2.96% -3.22% +0.26%
6 Months -3.55% -1.88% -1.67%
YTD -2.96% -3.22% +0.26%
1 Year +20.49% +12.54% +7.95%
3 Years +72.91% +54.67% +18.24%
5 Years +47.98% +54.70% -6.72%

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 20.4% 17.4%
Max Drawdown -32.8% -29.0%
Sharpe Ratio 0.27 0.33

Dividend Comparison

Metric MTUM QUAL
Annual Dividend (per share) $1.97 $1.89
Dividend Yield 0.80% 0.98%
Distribution Frequency Quarterly Quarterly

Top Holdings

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

MTUM Top Holdings

NameWeight
Johnson & JohnsonJNJ4.73%
NVIDIA CorporationNVDA4.69%
Broadcom Inc.AVGO4.68%
Micron Technology, Inc.MU4.62%
Exxon Mobil CorporationXOM4.58%
Lam Research CorporationLRCX3.56%
JPMorgan Chase & Co.JPM3.12%
Walmart Inc.WMT3.08%
Caterpillar Inc.CAT3.01%
Advanced Micro Devices, Inc.AMD2.76%

QUAL Top Holdings

NameWeight
Apple Inc.AAPL6.35%
NVIDIA CorporationNVDA6.03%
Microsoft CorporationMSFT4.87%
The TJX Companies, Inc.TJX3.49%
Meta Platforms, Inc.META3.32%
Visa Inc.V3.05%
Eli Lilly and CompanyLLY3.03%
Lam Research CorporationLRCX2.92%
KLA CorporationKLAC2.54%
Mastercard IncorporatedMA2.44%

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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