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MTUM correlations (iShares MSCI USA Momentum Factor ETF)

Which assets move with MTUM and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Style

Volatility (ann.)

20.6%

3y weekly

Beta vs S&P 500

1.25

3y weekly

1-year return

+25.2%

price, adjusted

5-year return

+76.1%

price, adjusted

Expense ratio

0.15%

annual

Assets

$25.3B

under management

Dividend yield

0.62%

trailing

Max drawdown

-21.0%

3y, daily closes

MTUM over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with MTUM

Asset		Correlation (3Y)
QQQ	Invesco QQQ Trust	0.90
QQQM	Invesco Nasdaq 100 ETF	0.90
XLK	Technology Select Sector SPDR Fund	0.90
SPYG	SPDR Portfolio S&P 500 Growth ETF	0.89
SMH	VanEck Semiconductor ETF	0.89
VTI	Vanguard Total Stock Market ETF	0.88
SPY	SPDR S&P 500 ETF Trust	0.88
VOO	Vanguard S&P 500 ETF	0.88
IVV	iShares Core S&P 500 ETF	0.87
SOXX	iShares Semiconductor ETF	0.87
ACWI	iShares MSCI ACWI ETF	0.86
VUG	Vanguard Growth ETF	0.85
VT	Vanguard Total World Stock ETF	0.85
CSQ	Calamos Strategic Total Return Fund - Closed End Fund	0.85
QUAL	iShares MSCI USA Quality Factor ETF	0.84

Best diversifiers for MTUM

These are the assets whose returns had the least to do with MTUM's, historically the most independent picks in our universe.

Asset		Correlation (3Y)
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.81
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.72
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.67
MACI	Melar Acquisition Corp. I - Class A	-0.21
ED	Consolidated Edison	-0.21
LICN	Lichen International Limited - Class A	-0.19
GIS	General Mills	-0.19
RETO	ReTo Eco-Solutions, Inc. - Class A Shares	-0.19
DMC	Del Monte Corporation	-0.16
ALMS	Alumis Inc.	-0.16

MTUM vs benchmarks

MTUM vs its peers

Get MTUM data as JSON

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/mtum.json

Correlations, diversifiers, beta and volatility for MTUM, plus one endpoint per pair. API documentation.

MTUM holdings overlap with other ETFs

ETF		Overlap	Correlation (3Y)
MTUM vs XLK	Technology Select Sector SPDR Fund	37.6%	0.90
MTUM vs QQQ	Invesco QQQ Trust	34.3%	0.90
MTUM vs QQQM	Invesco Nasdaq 100 ETF	34.3%	0.90
MTUM vs SOXX	iShares Semiconductor ETF	34.2%	0.87
MTUM vs VTV	Vanguard Value ETF	30.7%	0.67
MTUM vs VYM	Vanguard High Dividend Yield ETF	29.5%	0.66
MTUM vs VOO	Vanguard S&P 500 ETF	28.2%	0.88
MTUM vs SPYG	SPDR Portfolio S&P 500 Growth ETF	27.9%	0.89
MTUM vs IVV	iShares Core S&P 500 ETF	27.8%	0.87
MTUM vs SPY	SPDR S&P 500 ETF Trust	27.8%	0.88
MTUM vs VIG	Vanguard Dividend Appreciation ETF	27.6%	0.74
MTUM vs VTI	Vanguard Total Stock Market ETF	25.9%	0.88
MTUM vs SPYV	SPDR Portfolio S&P 500 Value ETF	22.9%	0.64
MTUM vs VUG	Vanguard Growth ETF	22.6%	0.85
MTUM vs DGRO	iShares Core Dividend Growth ETF	21.8%	0.64
MTUM vs QUAL	iShares MSCI USA Quality Factor ETF	21.4%	0.84
MTUM vs RSP	Invesco S&P 500 Equal Weight ETF	19.2%	0.69
MTUM vs ACWI	iShares MSCI ACWI ETF	18.6%	0.86
MTUM vs USMV	iShares MSCI USA Min Vol Factor ETF	17.7%	0.56
MTUM vs VT	Vanguard Total World Stock ETF	17.5%	0.85
MTUM vs DIA	SPDR Dow Jones Industrial Average ETF	14.6%	0.71
MTUM vs XLI	Industrial Select Sector SPDR Fund	13.2%	0.75
MTUM vs XLE	Energy Select Sector SPDR Fund	11.8%	0.10
MTUM vs SCHD	Schwab US Dividend Equity ETF	7.0%	0.39
MTUM vs XLF	Financial Select Sector SPDR Fund	5.3%	0.60
MTUM vs XLC	Communication Services Select Sector SPDR Fund	4.8%	0.66
MTUM vs XLP	Consumer Staples Select Sector SPDR Fund	3.9%	0.20
MTUM vs XLV	Health Care Select Sector SPDR Fund	3.8%	0.22
MTUM vs XLY	Consumer Discretionary Select Sector SPDR Fund	2.6%	0.69
MTUM vs XLB	Materials Select Sector SPDR Fund	2.4%	0.51
MTUM vs VNQ	Vanguard Real Estate ETF	1.5%	0.39
MTUM vs XLRE	Real Estate Select Sector SPDR Fund	1.5%	0.38
MTUM vs MDY	SPDR S&P MidCap 400 ETF	1.1%	0.72
MTUM vs ICLN	iShares Global Clean Energy ETF	0.7%	0.40
MTUM vs XLU	Utilities Select Sector SPDR Fund	0.6%	0.21
MTUM vs IBB	iShares Biotechnology ETF	0.5%	0.37
MTUM vs EFA	iShares MSCI EAFE ETF	0.2%	0.63
MTUM vs IEFA	iShares Core MSCI EAFE ETF	0.2%	0.63
MTUM vs VEA	Vanguard FTSE Developed Markets ETF	0.2%	0.68
MTUM vs EEM	iShares MSCI Emerging Markets ETF	0.1%	0.68
MTUM vs IEMG	iShares Core MSCI Emerging Markets ETF	0.1%	0.69
MTUM vs VWO	Vanguard FTSE Emerging Markets ETF	0.1%	0.64
MTUM vs EWJ	iShares MSCI Japan ETF	0%	0.66
MTUM vs FXI	iShares China Large-Cap ETF	0%	0.26
MTUM vs IWM	iShares Russell 2000 ETF	0%	0.69