MTUM vs VGT Overlap
MTUM is an equity ETF from IShares, while VGT is a technology-focused equity ETF from Vanguard. MTUM and VGT show meaningful overlap, with an estimated weighted overlap of 28.07%. They share 29 holdings in the loaded dataset, led by NVDA, AVGO, and MU.
Served from cache.
Quick Answer
MTUM is an equity ETF from IShares, while VGT is a technology-focused equity ETF from Vanguard. MTUM and VGT show meaningful overlap, with an estimated weighted overlap of 28.07%. They share 29 holdings in the loaded dataset, led by NVDA, AVGO, and MU.
- 28.07% weighted overlap across 29 shared holdings.
- The top three shared holdings explain 41.29% of the measured overlap.
- MTUM is the broader fund, while VGT is more targeted.
- The overlap is mostly explained by the top shared positions rather than sector labels alone.
- Holding both may add less diversification than the fund names imply.
Data Freshness
- MTUM holdings
- Mar 12, 2026
- VGT holdings
- Mar 12, 2026
- Overlap computed
- Mar 13, 2026
- Data source
- Financial Modeling Prep
Review the methodology for the overlap formula and refresh policy.
Compare another pair
About These ETFs
What Stands Out In This Comparison
What This Means
MTUM is an equity ETF from IShares, while VGT is a technology-focused equity ETF from Vanguard. MTUM and VGT overlap enough to matter, but they still bring different exposures to a portfolio. The overlap is concentrated in holdings such as NVDA, AVGO, and MU, which explains why the score lands at 28.07%.
How They Differ
MTUM is an equity ETF from IShares, while VGT is a technology-focused equity ETF from Vanguard. MTUM is the broader fund, while VGT is the more targeted sleeve. VGT has the lower expense ratio, while MTUM charges more for its exposure.
What Drives The Overlap
The overlap is driven by a relatively small set of large shared positions. The top three shared holdings account for 41.29% of the score, which means the result is heavily influenced by the biggest common weights rather than a long tail of tiny positions.
When One May Fit Better
If you want the broader portfolio building block, MTUM is usually the wider choice. If you want the more focused tilt, VGT is the narrower expression. VGT has the lower expense ratio, while MTUM charges more for its exposure.
Overlap Driver Snapshot
Concentration
The top three shared holdings explain 41.29% of the full overlap score.
That helps show whether the score comes from a handful of giant shared positions or from a broader mix of common holdings.
Shared Sector Tilt
Sector tags are not consistently available for the biggest shared positions in this dataset, so this comparison leans more on the specific holdings than on sector labels.
Top Shared Holdings
These are the holdings contributing the most to the overlap score between MTUM and VGT.
| Holding | Name | MTUM Wt. | VGT Wt. | Overlap |
|---|---|---|---|---|
| NVDA | NVIDIA CORP | 4.91% | 18.06% | 4.91% |
| AVGO | BROADCOM INC | 5.07% | 4.33% | 4.33% |
| MU | MICRON TECHNOLOGY INC | 4.96% | 2.35% | 2.35% |
| AMD | ADVANCED MICRO DEVICES INC | 2.64% | 1.90% | 1.90% |
| PLTR | PALANTIR TECHNOLOGIES INC CLASS A | 1.89% | 1.62% | 1.62% |
| LRCX | LAM RESEARCH CORP | 3.45% | 1.52% | 1.52% |
| IBM | INTERNATIONAL BUSINESS MACHINES CO | 1.48% | 1.44% | 1.44% |
| AMAT | APPLIED MATERIAL INC | 2.36% | 1.34% | 1.34% |
| INTC | INTEL CORPORATION CORP | 2.17% | 1.07% | 1.07% |
| KLAC | KLA CORP | 1.52% | 0.99% | 0.99% |
Why These ETFs Overlap
MTUM is an equity ETF from IShares, while VGT is a technology-focused equity ETF from Vanguard. The overlap exists because both funds allocate meaningful weight to the same holdings. In this dataset, the biggest shared drivers are NVDA, AVGO, and MU, which appear in both portfolios and push the overlap score higher.
Holding both MTUM and VGT can still be reasonable, but you should expect some duplication. The decision comes down to whether the non-overlapping parts of each ETF are important enough for your strategy.
Related Comparisons
Frequently Asked Questions About MTUM and VGT
What is the overlap between MTUM and VGT?+
How many holdings do MTUM and VGT share?+
Is the MTUM and VGT overlap high?+
Why do MTUM and VGT overlap?+
Which ETF is broader, MTUM or VGT?+
How Overlap Is Calculated
A straightforward approach used by portfolio analysts.
For every stock that appears in both ETFs, we take the smaller of the two weights. Adding up all those minimums gives the total overlap percentage. A score of 100% means the two ETFs hold the exact same stocks in the same proportions.
Want the full explanation? Read the methodology page.