Is MTUM a good investment?

iShares MSCI USA Momentum Factor ETF (MTUM) is a momentum-factor ETF. As of September 11, 2026, ETF Copilot scores MTUM 6.2 out of 10 — highest on Return (8.3), lowest on Valuation (1.9). It trades at 29.6 times earnings, against its own median of 24.9. Its ten largest holdings are 35% of the fund.

Updated September 11, 2026

How is MTUM rated? ETF Copilot scores iShares MSCI USA Momentum Factor ETF (MTUM) 6.2 out of 10

As of September 11, 2026, ETF Copilot scores iShares MSCI USA Momentum Factor ETF (MTUM) 6.2 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 6.2 / 10
Growth: 7.9 / 10
Valuation: 1.9 / 10
Risk: 3.9 / 10
Quality: 7.1 / 10
Return: 8.3 / 10

What is MTUM's expense ratio? 0.15% a year

As of September 11, 2026, MTUM charges 0.15% a year, yields 1.23% and holds $24.5B in assets across 128 positions.

iShares MSCI USA Momentum Factor ETF (MTUM) — cost, income and size
Measure	MTUM
Expense ratio	0.15%
Dividend yield	1.23%
Assets under management	$24.5B
Holdings	128

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Why did MTUM move this week? It rose 2.5% in the week to September 11, 2026 — Advanced Micro Devices and Intel drove it

MTUM rose 2.5% in the week to September 11, 2026. The holdings that moved it most were Advanced Micro Devices (+13.1%), Intel (+12.3%) and Marvell Technology (+13.1%); Johnson & Johnson (−4.6%) pushed the other way.

Is MTUM expensive right now? It trades at 29.6 times earnings, against its own median of 24.9

As of September 11, 2026, MTUM is more expensive than 83% of its own 114 monthly readings since 2017 — 95 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside MTUM? 56% Tech

What's inside MTUM: Size (Large 94%, Mid 6%, Small 0%); Geography (International 4%, US 96%); Tech 56.2%; Magnificent 7 4.8%; AI 15.0%; Semiconductors 26.2%; Memory 23.9%.

What are MTUM's top holdings? The ten largest are 35% of the fund

Advanced Micro Devices, Micron Technology, Intel, Cisco Systems, Johnson & Johnson, Sandisk, Applied Material, Alphabet, Exxonmobil and Lam Research are MTUM's largest holdings, in that order.

More concentrated than 66% of Single Factor - Momentum & Other ETFs.

Half of MTUM's weight sits in its 17 largest positions, and once those weights are taken into account it behaves like 48 equally weighted holdings.

Cite this

ETF Copilot, “iShares MSCI USA Momentum Factor ETF (MTUM) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/mtum