MTUM vs SPMO overlap - what they share and where they differ
MTUM and SPMO share 57.7% of their weight across 51 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 SPMO
57.7%
51 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
SPMO
Invesco S&P 500 Momentum ETF
Reported positions cover 100% of the fund, 97 positions · May 31, 2026
Top 10: 55.3%·Holdings of SPMO
Reported positions cover MTUM 100%, SPMO 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
SPMO vs MTUM side by side
MTUMiShares MSCI USA Momentum Factor ETF
125
stock positions reported to the SEC
30.4% of its weight is in 74 names SPMO does not hold
SPMOInvesco S&P 500 Momentum ETF
97
stock positions reported to the SEC
28.4% of its weight is in 46 names MTUM does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: SPMO has 13.9 points more of it.
The figures side by side
| MTUM | SPMO | |
|---|---|---|
| Filing date | Jul 31, 2026 | May 31, 2026 |
| Stock positions reported | 125 | 97 |
| Weight of the ten largest | 41.5% | 55.3% |
| Largest position | MU 5.9% | MU 10.7% |
| Held alone | 74 positions, 30.4% | 46 positions, 28.4% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In MTUM | In SPMO | Counted |
|---|---|---|---|
| MUMICRON TECHNOLOGY, INC. | 5.87% | 10.73% | 5.87% |
| AVGOBROADCOM INC. | 4.72% | 7.58% | 4.72% |
| GOOGLALPHABET INC. | 4.60% | 8.63% | 4.60% |
| AMDADVANCED MICRO DEVICES, INC. | 5.11% | 4.14% | 4.14% |
| JNJJOHNSON & JOHNSON | 3.54% | 3.85% | 3.54% |
| LRCXLAM RESEARCH CORPORATION | 3.09% | 3.54% | 3.09% |
| INTCINTEL CORPORATION | 4.06% | 2.95% | 2.95% |
| XOMEXXONMOBIL HOLDINGS CORPORATION | 3.77% | 2.78% | 2.78% |
| CATCATERPILLAR INC. | 3.65% | 2.60% | 2.60% |
| CSCOCISCO SYSTEMS, INC. | 2.55% | 2.02% | 2.02% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in MTUM
Only in SPMO
Questions people ask
Is MTUM the same as SPMO?
57.7% of their weight sits in the same 51 holdings. MTUM also reports WMT, SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY, TXN, which the other does not. SPMO also reports NVDA, SNDK, STX, which the other does not.
How is the overlap between MTUM and SPMO 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 SPMO, so the number cannot exceed the smaller coverage.
Which holds more, SPMO or MTUM?
MTUM reports 125 stock positions and SPMO reports 97. 30.4% of MTUM's weight sits in names SPMO does not hold, and 28.4% of SPMO's weight in names MTUM does not hold. The ten largest positions are 41.5% of MTUM and 55.3% of SPMO.
How do MTUM and SPMO differ by sector?
The widest gap is Technology: SPMO has 13.9 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.