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DXUV vs MTUM

U.S. Vector Equity Portfolio ETF Class Shares

DXUVANYSE Arca

iShares MSCI USA Momentum Factor ETF

MTUMBCboe

Overlap

16.8%by weight

Expense ratio

MTUM −0.10pt a year

DXUV0.25%MTUM0.15%

Avg volume · 30D

MTUM 24.3×the volume

DXUV61KMTUM1.48M

DXUV vs MTUM Performance

Oct 31, 2025 – Nov 2, 2026

+18.4%DXUV+9.0%MTUM

Oct 31, 2025 to Nov 2, 2026. DXUV +18.4%. MTUM +9.0%. Use the arrow keys to read each point.0%30%Oct 2025May 2026Nov 2026
Expense ratio
DXUV 0.25%
MTUM 0.15%, better
Fund size
DXUV $6.26B
MTUM $17.8B
1Y total return
DXUV +18.4%, better
MTUM +9.0%
Yield (12M)
DXUV 0.96%, better
MTUM 0.67%
Holdings
DXUV 2267
MTUM 128
Avg volume (30D)
DXUV 61K sh
MTUM 1.48M sh, better
NAV per share
DXUV $68.76
MTUM $284.24
52W range

ETF.net Grade

DXUV: Cost 66, Risk 72, Mission 97, Tradability 34, Holdings 72, Durability 67. MTUM: Cost 81, Risk 29, Mission 57, Tradability 75, Holdings 47, Durability 85.
Pillar letters and Scores for DXUV, MTUM, with each pillar’s weight
PillarDXUVMTUM
Cost30% weightB66A81Higher
Mission25% weightA97HigherB57
Risk15% weightA72HigherD29
Tradability15% weightD34A75Higher
Holdings10% weightA72HigherC47
Durability5% weightB67A85Higher

Rank among US Factor Index funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DXUV and MTUM are both graded against the same 30 US Factor Index funds, so their Grades compare head to head.

US Factor Index⁠

Category · 30 funds
See all 30 ›

DXUV ranks 4th and MTUM 12th of 30 funds in the US Factor Index Category.

  1. Rank 1AMGVVanguard Morningstar Mega Cap Value ETFScore 78
  2. Rank 2AUSCAXtrackers MSCI USA Climate Action Equity ETFScore 74
  3. Rank 3ASIZEiShares MSCI USA Size Factor ETFScore 72
  4. Rank 4ADXUVU.S. Vector Equity Portfolio ETF Class SharesScore 70
  5. Rank 4ASUSAiShares ESG Optimized MSCI USA ETFScore 70
  6. Rank 11BGARPiShares MSCI USA Quality GARP ETFScore 64
  7. Rank 12BMTUMiShares MSCI USA Momentum Factor ETFScore 63
  8. Rank 13BFDMOFidelity Momentum Factor ETFScore 57

Our read on each fund

ETF.net Research

DXUVAU.S. Vector Equity Portfolio ETF Class Shares

MTUMBiShares MSCI USA Momentum Factor ETF

In short

DXUV No data

MTUM The 2013 original that turned momentum into a mainstream factor bet. MTUM ranks large- and mid-cap US stocks by their 6- and 12-month gains divided by their volatility, so steady climbers outrank wild ones, then rebuilds a roughly 130-stock lineup on a set schedule.

Stated mandate

DXUV No data

MTUM The fund seeks to track an index of U.S. large- and mid-capitalization stocks with relatively high price momentum. Its strategy uses an index designed to emphasize stocks with stronger momentum characteristics than the MSCI USA parent index.

Why people hold it

DXUV No data

  • MTUM Momentum here is volatility-adjusted: 6- and 12-month price gains scaled by three-year volatility, which favors steady climbers over the jumpiest movers.msci.com
  • 0.15% a year, a fraction of the typical fee among US momentum funds, and one of the stronger overall implementations in that peer group.
  • Running since 2013 and now a multi-billion-dollar fund that trades actively, which generally means tight spreads and easy fills.
  • The index spreads its rebalance trades over three days into the effective date and caps weights at the issuer level, both aimed at curbing turnover and concentration.msci.com

Worth knowing

DXUV No data

  • MTUM Roughly 130 names, chosen by what has been working, so sector tilts can get lopsided and stay that way between index reviews.msci.com
  • Sharp reversals are momentum's classic weak spot: the portfolio resets at the scheduled May and November reviews, or sooner only if an ad-hoc trigger fires.msci.com
  • Cheap but not cheapest: JMOM, VFMO and SPMO each charge slightly less for their own version of momentum.

Full DXUV profile⁠

Full MTUM profile⁠

DXUV vs MTUM Holdings

How DXUV and MTUM differ

Overlap by weight

16.8%

Shared holdings make up 79.7% of MTUM and 17.1% of DXUV.

Level by level

  • Holdings103 in both16.8%
  • Sector11 Sectors68.4%
  • Countryby domicile99.5%
  • Asset classEquity100%

Sector

Sector weights in DXUV and MTUM, widest gap first
SectorMore in DXUVMore in MTUM
TechnologyMTUM +26.5 points
FinancialsDXUV +13.0 points
Consumer DiscretionaryDXUV +8.9 points
IndustrialsDXUV +3.1 points
MaterialsDXUV +3.1 points
EnergyMTUM +2.7 points
Consumer StaplesDXUV +1.9 points
Real EstateMTUM +1.4 points
CommunicationDXUV +1.3 points
Health CareMTUM +1.0 points
UtilitiesDXUV +0.3 points

Country, concentration and asset class

Country by domicile

Country weights in DXUV and MTUM, widest gap first
CountryMore in DXUVMore in MTUM
United StatesSame weight
United KingdomMTUM +0.2 points
SwitzerlandMTUM +0.1 points
MexicoMTUM +0.2 points
ChinaDXUV +0.2 points
IrelandDXUV +0.1 points
SwedenDXUV +0.1 points
BrazilDXUV +0.1 points
Other countries (6)DXUV +0.1 points

Concentration

Weight in the 10 largest Holdings

  • DXUV23.7%
  • MTUM34.3%

Securities held

  • DXUV2,266
  • MTUM125

Asset class

DXUV
Equity
MTUM
Equity

Holdings

  • Only in DXUV2,163
  • In both103
  • Only in MTUM22

Only in DXUV

2,163 securities, 82.3% of DXUV by weight

  • Microsoft Corp Common Stock USD.000006255.14%
  • Apple Inc Common Stock USD.000015.08%
  • NVIDIA Corp Common Stock USD.0014.58%

Only in MTUM

22 securities, 20.1% of MTUM by weight

  • Advanced Micro Devices5.75%
  • Palo Alto Networks2.77%
  • Crowdstrike Holdings Class A1.80%

Weight gaps

The 100 widest of 103 Holdings in both funds.

Holding weights in DXUV and MTUM, widest gap first
HoldingMore in DXUVMore in MTUM
Micron Technology Inc Common Stock USD.1MUMTUM +3.85 points
Cisco Systems Inc Common Stock USD.001CSCOMTUM +3.53 points
Johnson & Johnson Common Stock USD1.0JNJMTUM +3.02 points
Intel Corp Common Stock USD.001INTCMTUM +2.82 points
Applied Materials Inc Common Stock USD.01AMATMTUM +2.57 points
Exxonmobil Holdings Corp Common StockXOMMTUM +2.44 points
UnitedHealth Group Inc Common Stock USD.01UNHMTUM +2.13 points
Sandisk Corp Common StockSNDKMTUM +1.99 points

All 1,990 DXUV holdings⁠All 125 MTUM holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DXUV vs MTUM Cost

Overpaying DXUV vs MTUM

$2,022

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DXUV 0.25%

    $5,159

  • MTUM 0.15%

    $3,137

$10,000
30 years

Cost over time

  • DXUV 0.25%
  • MTUM 0.15%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530DXUV $5,159MTUM $3,137

Year by year

YearDXUVMTUMOverpaying
10$455$274$181
20$1,769$1,071$698
30$5,159$3,137$2,022

Expense ratio

  • 0.25%DXUV
  • 0.15%MTUM, cheaper
  • Middle half of US Factor Index funds
  • Median 0.30%

MTUM 5th cheapest of 30 funds

DXUV 10th cheapest of 30 funds

DXUV vs MTUM Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
DXUV 0.96%, better
MTUM 0.67%
Payout (12M)
DXUV $0.66
MTUM $1.85
Last payment
DXUV $0.16
MTUM $0.60
Ex-dividend
DXUV Sep 22, 2026
MTUM Sep 15, 2026
Paid on
DXUV Sep 24, 2026
MTUM Sep 18, 2026
Frequency
DXUV Quarterly
MTUM Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DXUVQuarterly · 8 paymentsAll DXUV payments⁠
One bar per payment. 8 payments from 2017 to 2026 YTD. Dec 17, 2024 $0.20; Mar 25, 2025 $0.11; Jun 24, 2025 $0.15; Sep 23, 2025 $0.16; Dec 16, 2025 $0.19; Mar 24, 2026 $0.14; Jun 23, 2026 $0.17; Sep 22, 2026 $0.16. Use the arrow keys to read each point.$0$12017202020232026YTD
MTUMQuarterly · 39 paymentsAll MTUM payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.24; Jun 27, 2017 $0.24; Sep 26, 2017 $0.27; Dec 21, 2017 $0.31; Mar 22, 2018 $0.27; Jun 26, 2018 $0.34; Sep 26, 2018 $0.26; Dec 17, 2018 $0.40; Mar 20, 2019 $0.47; Jun 17, 2019 $0.45; Sep 24, 2019 $0.42; Dec 16, 2019 $0.50; Mar 25, 2020 $0.45; Jun 15, 2020 $0.35; Sep 23, 2020 $0.24; Dec 14, 2020 $0.31; Mar 25, 2021 $0.09; Jun 10, 2021 $0.13; Sep 24, 2021 $0.33; Dec 13, 2021 $0.44; Mar 24, 2022 $0.38; Jun 9, 2022 $0.37; Sep 26, 2022 $1.03; Dec 13, 2022 $0.84; Mar 23, 2023 $0.80; Jun 7, 2023 $0.54; Sep 26, 2023 $0.41; Dec 20, 2023 $0.36; Mar 21, 2024 $0.16; Jun 11, 2024 $0.20; Sep 25, 2024 $0.44; Dec 17, 2024 $0.75; Mar 18, 2025 $0.53; Jun 16, 2025 $0.47; Sep 16, 2025 $0.60; Dec 16, 2025 $0.67; Mar 17, 2026 $0.22; Jun 15, 2026 $0.36; Sep 15, 2026 $0.60. Use the arrow keys to read each point.$0$12017202020232026YTD

DXUV vs MTUM Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DXUV 12.8%since Oct 2024MTUM 21.6%
Return per unit of riskSharpe ratio, 3 years
DXUV 0.83since Oct 2024MTUM 1.07
Worst fallMax drawdown, 5 years
DXUV −21.1%since Sep 2024MTUM −32.3%
Market sensitivityBeta, 5 years
DXUV 0.92MTUM 1.24

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