iShares MSCI USA Momentum Factor ETF (MTUM)

Look-through valuation · Style & factor · Expense ratio 0.15 % · ISIN US46432F3964

MTUM iShares MSCI USA Momentum Factor ETF MTUM overvalued

Holdings vs fair value −63.2 % weighted average

Quality 67/100 avg alpha quality

Expense ratio 0.15 % per year (TER)

Fund size $ 27.0B yield 0.54 %

The look-through covers 97 % of the fund by weight (123 of 126 disclosed positions valued). Unresolved positions are left out, never estimated.

Price history (since 2013)

Monthly close since 2013. Price shows performance, the valuation verdict is in the look-through above.

Top holdings

Holding	Weight	vs fair value	Quality
Micron Technology Inc MU	6.6 %	−80.0 %	73
Advanced Micro Devices Inc AMD	5.5 %	−78.9 %	72
Intel Corporation INTC	4.5 %	−60.7 %	46
Broadcom Inc AVGO	4.4 %	−78.8 %	67
Caterpillar Inc CAT	3.9 %	−66.3 %	67
Lam Research Corp LRCX	3.4 %	−79.4 %	79
Applied Materials Inc AMAT	3.4 %	−75.3 %	75
Exxon Mobil Corp XOM	3.3 %	−37.5 %	60
Johnson & Johnson JNJ	3.3 %	−31.6 %	84
GE Vernova LLC GEV	3.1 %	−80.0 %	66
Walmart Inc. WMT	2.5 %	−56.8 %	62
Alphabet Inc Class A GOOGL	2.4 %	n/a	n/a
Cisco Systems Inc CSCO	2.4 %	−61.5 %	77
Western Digital Corporation WDC	2.2 %	−83.0 %	68
Seagate Technology PLC STX	2.1 %	−74.9 %	75
Texas Instruments Incorporated TXN	1.9 %	−79.3 %	70
Alphabet Inc Class C GOOG	1.9 %	−60.7 %	73
KLA Corporation KLAC	1.8 %	−75.1 %	73
Corning Incorporated GLW	1.6 %	−78.5 %	68
Chevron Corp CVX	1.5 %	−50.1 %	59
Analog Devices Inc ADI	1.5 %	−76.2 %	79
Goldman Sachs Group Inc GS	1.4 %	−48.5 %	62
Citigroup Inc. C	1.1 %	−19.4 %	58
Marvell Technology Group Ltd MRVL	1.1 %	−80.0 %	72
Morgan Stanley MS	1.1 %	−56.6 %	72

Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 126 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.

How the look-through works

An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives iShares MSCI USA Momentum Factor ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.

As of: Jul 17, 2026

No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.