MTUM vs. QUAL ETF Comparison

Comparison of iShares MSCI USA Momentum Factor ETF (MTUM) to iShares MSCI USA Quality Factor ETF (QUAL)

MTUM

iShares MSCI USA Momentum Factor ETF

MTUM Description

The investment seeks to track the performance of an index that measures the performance of U.S. large- and mid-capitalization stocks exhibiting relatively higher momentum characteristics, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Momentum Index (the "underlying index") consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks.

Grade (RS Rating)

Last Trade

$194.90

Average Daily Volume

785,683

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$172.23

Average Daily Volume

1,044,826

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	MTUM	QUAL
30 Days	2.37%	3.64%
60 Days	8.58%	8.51%
90 Days	3.93%	5.20%
12 Months	40.19%	32.70%

27 Overlapping Holdings

Symbol	Grade	Weight in MTUM	Weight in QUAL	Overlap
AMAT	B	1.71%	1.78%	1.71%
ANET	B	1.05%	0.68%	0.68%
APH	B	1.01%	0.51%	0.51%
CAT	C	1.44%	1.23%	1.23%
CMG	B	0.92%	1.53%	0.92%
COST	B	3.2%	2.54%	2.54%
CTAS	A	0.5%	0.51%	0.5%
DECK	C	0.32%	0.49%	0.32%
DHI	D	0.28%	0.63%	0.28%
EME	B	0.22%	0.13%	0.13%
ERIE	C	0.08%	0.08%	0.08%
FERG	D	0.35%	0.29%	0.29%
GRMN	B	0.16%	0.39%	0.16%
GWW	D	0.3%	0.48%	0.3%
KLAC	B	1.1%	1.11%	1.1%
LLY	A	5.63%	4.23%	4.23%
LRCX	B	1.16%	1.17%	1.16%
META	B	4.36%	3.81%	3.81%
NFLX	B	2.45%	1.52%	1.52%
NTAP	B	0.15%	0.24%	0.15%
NVDA	C	7.49%	6.84%	6.84%
NVR	C	0.15%	0.45%	0.15%
PHM	D	0.28%	0.39%	0.28%
QCOM	C	1.95%	1.69%	1.69%
SMCI	C	0.73%	0.31%	0.31%
VLTO	B	0.12%	0.21%	0.12%
WSM	C	0.19%	0.36%	0.19%

MTUM Overweight 97 Positions Relative to QUAL

Symbol	Grade	Weight
AVGO	C	6.79%
AMZN	B	4.25%
JPM	B	4.2%
GE	D	2.92%
AMD	B	2.55%
WFC	D	1.86%
ETN	D	1.84%
CRM	D	1.78%
MU	C	1.66%
IBM	B	1.38%
UBER	B	1.35%
PGR	C	1.28%
AXP	C	1.27%
INTU	C	1.26%
CRWD	A	1.16%
CEG	B	1.08%
BSX	A	1.08%
PANW	B	1.05%
ISRG	A	1.02%
C	C	0.99%
TT	B	0.98%
TDG	B	0.78%
MCK	A	0.76%
KKR	B	0.69%
PH	D	0.67%
MPC	C	0.64%
FI	D	0.62%
WM	B	0.6%
DELL	B	0.58%
COIN	C	0.57%
NXPI	B	0.53%
VRT	C	0.52%
CPRT	C	0.5%
PCAR	D	0.48%
APO	A	0.44%
VST	B	0.43%
GD	B	0.39%
FICO	A	0.39%
URI	C	0.39%
PSX	C	0.38%
IR	C	0.37%
GM	B	0.35%
PWR	B	0.35%
PLTR	B	0.35%
MAR	B	0.35%
RCL	A	0.35%
DASH	D	0.34%
HLT	A	0.33%
RSG	A	0.32%
COR	B	0.31%
MLM	D	0.3%
WAB	D	0.29%
ALL	C	0.28%
HWM	B	0.26%
TRV	D	0.25%
CDW	D	0.25%
LII	B	0.23%
LEN	D	0.23%
MSTR	B	0.23%
VMC	D	0.22%
WDC	B	0.21%
HIG	A	0.2%
IT	B	0.19%
BLDR	F	0.19%
ARES	C	0.18%
BAH	B	0.18%
NRG	B	0.18%
STX	B	0.18%
CSL	B	0.17%
DKNG	D	0.16%
PTC	C	0.15%
TW	D	0.15%
APP	B	0.14%
DPZ	B	0.14%
GDDY	A	0.14%
AXON	D	0.14%
OC	C	0.13%
FITB	C	0.13%
LDOS	A	0.11%
PSTG	C	0.11%
L	C	0.11%
ENTG	B	0.09%
HUBB	D	0.09%
HOOD	B	0.09%
AIZ	D	0.08%
SYF	B	0.08%
DKS	B	0.07%
CG	D	0.06%
IOT	D	0.06%
NBIX	C	0.06%
DAL	D	0.06%
TOST	C	0.06%
CPAY	D	0.06%
WRB	B	0.06%
ALLY	B	0.06%
DVA	B	0.06%
FNF	D	0.03%

MTUM Underweight 96 Positions Relative to QUAL

Symbol	Grade	Weight
AAPL	B	-5.36%
MSFT	A	-5.01%
V	C	-4.12%
MA	C	-3.77%
UNH	D	-2.36%
JNJ	F	-2.1%
TJX	A	-1.93%
ADBE	C	-1.89%
GOOGL	A	-1.86%
NKE	C	-1.8%
COP	D	-1.74%
GOOG	A	-1.63%
KO	A	-1.51%
ADP	B	-1.49%
CSCO	C	-1.44%
ACN	C	-1.39%
TXN	B	-1.35%
PEP	C	-1.2%
LIN	B	-1.16%
LMT	A	-0.96%
SLB	C	-0.95%
SRE	B	-0.79%
BLK	B	-0.77%
MMC	B	-0.73%
PLD	C	-0.72%
CDNS	B	-0.68%
ITW	D	-0.67%
LULU	F	-0.67%
VRTX	B	-0.65%
SNPS	B	-0.62%
PEG	B	-0.59%
ZTS	C	-0.51%
PSA	B	-0.5%
MCO	A	-0.49%
ED	D	-0.48%
CME	D	-0.47%
TSCO	C	-0.47%
SHW	D	-0.47%
PAYX	B	-0.44%
MMM	B	-0.41%
IDXX	D	-0.37%
ULTA	D	-0.34%
TPL	B	-0.34%
FAST	D	-0.34%
AFL	A	-0.34%
EW	B	-0.33%
ATO	B	-0.33%
APD	C	-0.31%
BBY	B	-0.3%
CSGP	F	-0.28%
ODFL	D	-0.28%
ACGL	A	-0.27%
MPWR	B	-0.27%
AMP	A	-0.26%
APA	D	-0.24%
CBRE	C	-0.24%
AVB	A	-0.22%
A	C	-0.22%
ROK	D	-0.21%
EQT	D	-0.21%
POOL	F	-0.21%
MNST	D	-0.2%
TROW	B	-0.19%
MANH	B	-0.18%
EA	B	-0.18%
HSY	D	-0.17%
EQR	A	-0.17%
PPG	D	-0.16%
RMD	D	-0.16%
LPLA	B	-0.16%
VEEV	D	-0.14%
KEYS	D	-0.14%
WST	F	-0.13%
EXPD	B	-0.13%
ENPH	D	-0.12%
ROL	A	-0.12%
FDS	D	-0.11%
WAT	D	-0.11%
WSO	B	-0.11%
OMC	D	-0.1%
MOH	F	-0.1%
GGG	D	-0.1%
AVY	B	-0.09%
JKHY	C	-0.09%
RS	D	-0.08%
PKG	B	-0.08%
LSCC	F	-0.07%
UTHR	A	-0.07%
AOS	D	-0.07%
PAYC	F	-0.06%
WBA	F	-0.06%
IPG	F	-0.06%
MKTX	F	-0.06%
SEIC	C	-0.06%
AFG	D	-0.06%
SOLV	F	-0.04%