MTUM vs VTV Overlap
MTUM is an equity ETF from IShares, while VTV is a U.S. value equity ETF from Vanguard. MTUM and VTV show meaningful overlap, with an estimated weighted overlap of 30.95%. They share 61 holdings in the loaded dataset, led by JPM, XOM, and JNJ.
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Quick Answer
MTUM is an equity ETF from IShares, while VTV is a U.S. value equity ETF from Vanguard. MTUM and VTV show meaningful overlap, with an estimated weighted overlap of 30.95%. They share 61 holdings in the loaded dataset, led by JPM, XOM, and JNJ.
- 30.95% weighted overlap across 61 shared holdings.
- The top three shared holdings explain 24.75% of the measured overlap.
- MTUM and VTV are closer in breadth than a broad-vs-niche ETF pair.
- 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
- VTV holdings
- Mar 12, 2026
- Overlap computed
- Mar 15, 2026
- Data source
- Financial Modeling Prep
Review the methodology for the overlap formula and refresh policy.
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About These ETFs
What Stands Out In This Comparison
What This Means
MTUM is an equity ETF from IShares, while VTV is a U.S. value equity ETF from Vanguard. MTUM and VTV overlap enough to matter, but they still bring different exposures to a portfolio. The overlap is concentrated in holdings such as JPM, XOM, and JNJ, which explains why the score lands at 30.95%.
How They Differ
MTUM is an equity ETF from IShares, while VTV is a U.S. value equity ETF from Vanguard. Neither fund clearly dominates on breadth, so the practical difference is more about weighting, index construction, and cost. VTV 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 24.75% 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
Because MTUM and VTV are closer in breadth, the better fit usually comes down to index methodology, issuer preference, and cost. VTV has the lower expense ratio, while MTUM charges more for its exposure.
Overlap Driver Snapshot
Concentration
The top three shared holdings explain 24.75% 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 VTV.
| Holding | Name | MTUM Wt. | VTV Wt. | Overlap |
|---|---|---|---|---|
| JPM | JPMORGAN CHASE & CO | 3.02% | 3.25% | 3.02% |
| XOM | EXXON MOBIL CORP | 3.77% | 2.42% | 2.42% |
| JNJ | JOHNSON & JOHNSON | 4.55% | 2.22% | 2.22% |
| WMT | WALMART INC | 2.99% | 2.12% | 2.12% |
| MU | MICRON TECHNOLOGY INC | 4.96% | 1.89% | 1.89% |
| CAT | CATERPILLAR INC | 2.95% | 1.25% | 1.25% |
| IBM | INTERNATIONAL BUSINESS MACHINES CO | 1.48% | 1.16% | 1.16% |
| WFC | WELLS FARGO | 1.37% | 1.15% | 1.15% |
| GS | GOLDMAN SACHS GROUP INC | 1.74% | 1.10% | 1.10% |
| RTX | RTX CORP | 1.97% | 1.09% | 1.09% |
Why These ETFs Overlap
MTUM is an equity ETF from IShares, while VTV is a U.S. value 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 JPM, XOM, and JNJ, which appear in both portfolios and push the overlap score higher.
Holding both MTUM and VTV 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.
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Frequently Asked Questions About MTUM and VTV
What is the overlap between MTUM and VTV?+
How many holdings do MTUM and VTV share?+
Is the MTUM and VTV overlap high?+
Why do MTUM and VTV overlap?+
Which ETF is broader, MTUM or VTV?+
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.