AIPO vs MTUM overlap - what they share and where they differ
AIPO and MTUM share 14.1% of their weight across 11 common positions, read from what each fund reported to the SEC.
Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.
AIPO and MTUM
14.1%
11 shared positions
AIPO
Defiance AI & Power Infrastructure ETF
Reported positions cover 100% of the fund, 75 positions · May 31, 2026
Top 10: 51.5%·Holdings of AIPO
MTUM
iShares MSCI USA Momentum Factor ETF
Reported positions cover 100% of the fund, 125 positions · Jul 31, 2026
Top 10: 41.5%·Holdings of MTUM
Reported positions cover AIPO 100%, MTUM 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
MTUM vs AIPO side by side
AIPODefiance AI & Power Infrastructure ETF
75
stock positions reported to the SEC
60.6% of its weight is in 64 names MTUM does not hold
MTUMiShares MSCI USA Momentum Factor ETF
125
stock positions reported to the SEC
82.9% of its weight is in 114 names AIPO does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Industrials: AIPO has 39.5 points more of it.
The figures side by side
| AIPO | MTUM | |
|---|---|---|
| Filing date | May 31, 2026 | Jul 31, 2026 |
| Stock positions reported | 75 | 125 |
| Weight of the ten largest | 51.5% | 41.5% |
| Largest position | PWR 7.9% | MU 5.9% |
| Held alone | 64 positions, 60.6% | 114 positions, 82.9% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In AIPO | In MTUM | Counted |
|---|---|---|---|
| AVGOBroadcom Inc | 4.12% | 4.72% | 4.12% |
| GEVGE Vernova Inc | 7.21% | 3.07% | 3.07% |
| AMDAdvanced Micro Devices Inc | 2.74% | 5.11% | 2.74% |
| MRVLMarvell Technology Inc | 1.03% | 1.03% | 1.03% |
| PWRQuanta Services Inc | 7.91% | 0.87% | 0.87% |
| BEBloom Energy Corp | 4.75% | 0.66% | 0.66% |
| VRTVertiv Holdings Co | 7.24% | 0.65% | 0.65% |
| EQIXEquinix Inc | 0.53% | 0.46% | 0.46% |
| ALABAstera Labs Inc | 0.93% | 0.22% | 0.22% |
| MTZMasTec Inc | 2.13% | 0.15% | 0.15% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in AIPO
Only in MTUM
Questions people ask
Is AIPO the same as MTUM?
14.1% of their weight sits in the same 11 holdings. AIPO also reports ETN, CCJ, NVDA, which the other does not. MTUM also reports MU, GOOGL, INTC, which the other does not.
How is the overlap between AIPO and MTUM measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of AIPO and 100% of MTUM, so the number cannot exceed the smaller coverage.
Which holds more, MTUM or AIPO?
AIPO reports 75 stock positions and MTUM reports 125. 60.6% of AIPO's weight sits in names MTUM does not hold, and 82.9% of MTUM's weight in names AIPO does not hold. The ten largest positions are 51.5% of AIPO and 41.5% of MTUM.
How do AIPO and MTUM differ by sector?
The widest gap is Industrials: AIPO has 39.5 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.
Where do the numbers come from?
From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.
Add a third fund in the tool·All fund pairs
Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.