MTUM vs SPHB overlap - what they share and where they differ
MTUM and SPHB share 27.9% of their weight across 40 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 SPHB
27.9%
40 shared positions
MTUM
iShares MSCI USA Momentum Factor ETF
Reported positions cover 100% of the fund, 122 positions · Apr 30, 2026
Top 10: 42.8%·Holdings of MTUM
SPHB
Invesco S&P 500 High Beta ETF
Reported positions cover 102% of the fund, 100 positions · May 31, 2026
Top 10: 17.4%·Holdings of SPHB
Reported positions cover MTUM 100%, SPHB 102% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
SPHB vs MTUM side by side
MTUMiShares MSCI USA Momentum Factor ETF
122
stock positions reported to the SEC
43.9% of its weight is in 82 names SPHB does not hold
SPHBInvesco S&P 500 High Beta ETF
100
stock positions reported to the SEC
58.0% of its weight is in 60 names MTUM does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Financial Services: SPHB has 6.1 points more of it.
The figures side by side
| MTUM | SPHB | |
|---|---|---|
| Filing date | Apr 30, 2026 | May 31, 2026 |
| Stock positions reported | 122 | 100 |
| Weight of the ten largest | 42.8% | 17.4% |
| Largest position | MU 5.6% | SNDK 2.2% |
| Held alone | 82 positions, 43.9% | 60 positions, 58.0% |
| Covered by stock positions | 100% | 102% |
Holdings they share
| Stock | In MTUM | In SPHB | Counted |
|---|---|---|---|
| MUMICRON TECHNOLOGY, INC. | 5.56% | 1.92% | 1.92% |
| AMDADVANCED MICRO DEVICES, INC. | 4.03% | 1.50% | 1.50% |
| LRCXLAM RESEARCH CORPORATION | 3.61% | 1.45% | 1.45% |
| WDCWESTERN DIGITAL CORPORATION | 1.54% | 1.33% | 1.33% |
| KLACKLA CORPORATION | 1.61% | 1.23% | 1.23% |
| AMATAPPLIED MATERIALS, INC. | 2.36% | 1.19% | 1.19% |
| PLTRPALANTIR TECHNOLOGIES INC. | 1.52% | 1.19% | 1.19% |
| INTCINTEL CORPORATION | 3.83% | 1.14% | 1.14% |
| AVGOBROADCOM INC. | 5.40% | 1.10% | 1.10% |
| GLWCORNING INCORPORATED | 1.22% | 1.01% | 1.01% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in MTUM
Only in SPHB
Questions people ask
Is MTUM the same as SPHB?
27.9% of their weight sits in the same 40 holdings. MTUM also reports GOOGL, JNJ, EXXON MOBIL CORPORATION, which the other does not. SPHB also reports SNDK, SMCI, COIN, which the other does not.
How is the overlap between MTUM and SPHB 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 102% of SPHB, so the number cannot exceed the smaller coverage.
Which holds more, SPHB or MTUM?
MTUM reports 122 stock positions and SPHB reports 100. 43.9% of MTUM's weight sits in names SPHB does not hold, and 58.0% of SPHB's weight in names MTUM does not hold. The ten largest positions are 42.8% of MTUM and 17.4% of SPHB.
How do MTUM and SPHB differ by sector?
The widest gap is Financial Services: SPHB has 6.1 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.
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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.