iShares MSCI USA Momentum Factor ETF (MTUM) belongs to the Momentum category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MTUM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MTUM
MTUM charges 0.15% annually. There are 4 ETFs in the Momentum category with lower expense ratios, going as low as 0.12%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P 1500 Momentum Tilt ETF | 0.12% | 163.90M | Oct 2012 | MTUM vs MMTM | |
| JPMorgan U.S. Momentum Factor ETF | 0.12% | 2.51B | Nov 2017 | MTUM vs JMOM | |
| Vanguard U.S. Momentum Factor ETF | 0.13% | 1.70B | Feb 2018 | MTUM vs VFMO | |
| Invesco S&P 500 Momentum ETF | 0.13% | 22.01B | Oct 2015 | MTUM vs SPMO | |
| SEI Enhanced US Large Cap Momentum Factor ETF | 0.15% | 989.57M | May 2022 | MTUM vs SEIM |
Best Risk-Adjusted Alternatives to MTUM
MTUM has a PortfoliosLab risk / return rank of 60. There are 21 ETFs in the Momentum category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares US Value Momentum ETF | 91 | 261.13M | Oct 2017 | MTUM vs ULVM | |
| Invesco S&P 500 Value with Momentum ETF | 89 | 117.88M | Jun 2011 | MTUM vs SPVM | |
| Invesco DWA Healthcare Momentum ETF | 87 | 169.34M | Oct 2006 | MTUM vs PTH | |
| Invesco DWA Emerging Markets Momentum ETF | 87 | 262.88M | Dec 2007 | MTUM vs PIE | |
| VictoryShares US Small Mid Cap Value Momentum ETF | 83 | 1.73B | Oct 2017 | MTUM vs USVM |
Top Performing MTUM Alternatives (YTD)
MTUM is at 28.00% YTD. There are 7 ETFs in the Momentum category with higher YTD returns, going as high as 57.61%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN | 57.61% | 9.04M | Feb 2021 | MTUM vs MTUL | |
| ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 52.29% | 81.18M | May 2021 | MTUM vs QQQA | |
| Invesco Dorsey Wright Technology Momentum ETF | 47.90% | 752.12M | Oct 2006 | MTUM vs PTF | |
| Invesco DWA Emerging Markets Momentum ETF | 36.00% | 262.88M | Dec 2007 | MTUM vs PIE | |
| Invesco DWA Industrials Momentum ETF | 31.17% | 444.50M | Oct 2006 | MTUM vs PRN |
Lowest Volatility Alternatives to MTUM
MTUM has 23.81% 1-year volatility. There are 36 ETFs in the Momentum category with lower 1-year volatility, going as low as 10.81%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares US Value Momentum ETF | 10.81% | 261.13M | Oct 2017 | MTUM vs ULVM | |
| Cambria Value and Momentum ETF | 11.16% | 106.10M | Sep 2015 | MTUM vs VAMO | |
| Invesco S&P 500 Value with Momentum ETF | 11.46% | 117.88M | Jun 2011 | MTUM vs SPVM | |
| First Trust Dorsey Wright Momentum & Low Volatilit... | 11.67% | 72.37M | Sep 2018 | MTUM vs DVOL | |
| Symmetry Panoramic Sector Momentum ETF | 12.52% | 43.72M | Sep 2025 | MTUM vs SMOM |
Lowest Drawdown Alternatives to MTUM
MTUM has a 1-year max drawdown of -11.54%. There are 25 ETFs in the Momentum category with shallower 1-year drawdowns, going as shallow as -5.55%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cambria Value and Momentum ETF | -5.55% | 106.10M | Sep 2015 | MTUM vs VAMO | |
| VictoryShares US Value Momentum ETF | -6.47% | 261.13M | Oct 2017 | MTUM vs ULVM | |
| Invesco S&P 500 Value with Momentum ETF | -6.57% | 117.88M | Jun 2011 | MTUM vs SPVM | |
| SPDR Russell 1000 Momentum Focus ETF | -7.37% | 28.92M | Dec 2015 | MTUM vs ONEO | |
| JPMorgan U.S. Momentum Factor ETF | -7.87% | 2.51B | Nov 2017 | MTUM vs JMOM |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, SOXX and span 14 categories. AUM among these funds goes as high as $894B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.92% | 97.69B | May 2020 | MTUM vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -26.32% | 46.82B | Jan 2024 | MTUM vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 94 | 88.79% | 47.60B | Jul 2001 | MTUM vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 67 | 10.84% | 894.38B | May 2000 | MTUM vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 14 | -1.35% | 42.18B | Jul 2002 | MTUM vs TLT | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 83 | 11.23% | 42.05B | Jun 2014 | MTUM vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 29 | -17.46% | 28.37B | Apr 2006 | MTUM vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 24 | -6.04% | 60.94B | Jan 2005 | MTUM vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 68 | 20.14% | 83.34B | May 2000 | MTUM vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 65 | 11.64% | 33.36B | Mar 2008 | MTUM vs ACWI |
Often Compared With MTUM
Investors most often compare MTUM with SPY, QQQ, QUAL. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare MTUM with Any Fund or Stock
Compare MTUM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MTUM with funds that move differently
iShares MSCI USA Momentum Factor ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MTUM.
Explore MTUM Diversifiers