MTUM vs SPHB overlap - what they share and where they differ
MTUM and SPHB share 26.2% of their weight across 36 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
26.2%
36 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
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
125
stock positions reported to the SEC
47.5% of its weight is in 89 names SPHB does not hold
SPHBInvesco S&P 500 High Beta ETF
100
stock positions reported to the SEC
63.0% of its weight is in 64 names MTUM does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Consumer Cyclical: SPHB has 13.1 points more of it.
The figures side by side
| MTUM | SPHB | |
|---|---|---|
| Filing date | Jul 31, 2026 | May 31, 2026 |
| Stock positions reported | 125 | 100 |
| Weight of the ten largest | 41.5% | 17.4% |
| Largest position | MU 5.9% | SNDK 2.2% |
| Held alone | 89 positions, 47.5% | 64 positions, 63.0% |
| Covered by stock positions | 100% | 102% |
Holdings they share
| Stock | In MTUM | In SPHB | Counted |
|---|---|---|---|
| MUMICRON TECHNOLOGY, INC. | 5.87% | 1.92% | 1.92% |
| AMDADVANCED MICRO DEVICES, INC. | 5.11% | 1.50% | 1.50% |
| LRCXLAM RESEARCH CORPORATION | 3.09% | 1.45% | 1.45% |
| WDCWESTERN DIGITAL CORPORATION | 2.23% | 1.33% | 1.33% |
| KLACKLA CORPORATION | 1.53% | 1.23% | 1.23% |
| AMATAPPLIED MATERIALS, INC. | 3.10% | 1.19% | 1.19% |
| INTCINTEL CORPORATION | 4.06% | 1.14% | 1.14% |
| AVGOBROADCOM INC. | 4.72% | 1.10% | 1.10% |
| GLWCORNING INCORPORATED | 1.26% | 1.01% | 1.01% |
| GSTHE GOLDMAN SACHS GROUP, INC. | 1.38% | 0.85% | 0.85% |
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?
26.2% of their weight sits in the same 36 holdings. MTUM also reports GOOGL, XOM, JNJ, which the other does not. SPHB also reports SNDK, SMCI, HOOD, 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 125 stock positions and SPHB reports 100. 47.5% of MTUM's weight sits in names SPHB does not hold, and 63.0% of SPHB's weight in names MTUM does not hold. The ten largest positions are 41.5% of MTUM and 17.4% of SPHB.
How do MTUM and SPHB differ by sector?
The widest gap is Consumer Cyclical: SPHB has 13.1 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.