MTUM vs QQQ overlap - what they share and where they differ
MTUM and QQQ share 39.1% of their weight across 29 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.
MTUM and QQQ
39.1%
29 shared positions
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
QQQ
Invesco QQQ Trust, Series 1
Reported positions cover 100% of the fund, 101 positions · Jun 30, 2026
Top 10: 47.8%·Holdings of QQQ
Reported positions cover MTUM 100%, QQQ 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
QQQ vs MTUM side by side
MTUMiShares MSCI USA Momentum Factor ETF
125
stock positions reported to the SEC
50.4% of its weight is in 96 names QQQ does not hold
QQQInvesco QQQ Trust, Series 1
101
stock positions reported to the SEC
58.6% of its weight is in 72 names MTUM does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: QQQ has 22.5 points more of it.
The figures side by side
| MTUM | QQQ | |
|---|---|---|
| Filing date | Jul 31, 2026 | Jun 30, 2026 |
| Stock positions reported | 125 | 101 |
| Weight of the ten largest | 41.5% | 47.8% |
| Largest position | MU 5.9% | NVDA 7.6% |
| Held alone | 96 positions, 50.4% | 72 positions, 58.6% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In MTUM | In QQQ | Counted |
|---|---|---|---|
| MUMICRON TECHNOLOGY, INC. | 5.87% | 5.64% | 5.64% |
| GOOGLALPHABET INC. | 4.60% | 6.29% | 4.60% |
| AMDADVANCED MICRO DEVICES, INC. | 5.11% | 4.10% | 4.10% |
| INTCINTEL CORPORATION | 4.06% | 3.04% | 3.04% |
| AVGOBROADCOM INC. | 4.72% | 2.81% | 2.81% |
| AMATAPPLIED MATERIALS, INC. | 3.10% | 2.49% | 2.49% |
| WMTWALMART INC. | 2.64% | 2.39% | 2.39% |
| LRCXLAM RESEARCH CORPORATION | 3.09% | 2.35% | 2.35% |
| CSCOCISCO SYSTEMS, INC. | 2.55% | 2.01% | 2.01% |
| KLACKLA CORPORATION | 1.53% | 1.71% | 1.53% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in MTUM
Only in QQQ
Questions people ask
Is MTUM the same as QQQ?
39.1% of their weight sits in the same 29 holdings. MTUM also reports XOM, CAT, JNJ, which the other does not. QQQ also reports NVDA, AAPL, MSFT, which the other does not.
How is the overlap between MTUM and QQQ 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 MTUM and 100% of QQQ, so the number cannot exceed the smaller coverage.
Which holds more, QQQ or MTUM?
MTUM reports 125 stock positions and QQQ reports 101. 50.4% of MTUM's weight sits in names QQQ does not hold, and 58.6% of QQQ's weight in names MTUM does not hold. The ten largest positions are 41.5% of MTUM and 47.8% of QQQ.
How do MTUM and QQQ differ by sector?
The widest gap is Technology: QQQ has 22.5 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.
Other pairs with these funds
QQQ against other funds in the table
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.