BRCE vs. MTUM
BRCE (MFS Blended Research Core Equity ETF) and MTUM (iShares MSCI USA Momentum Factor ETF) are both exchange-traded funds - BRCE is a Large Cap Blend Equities fund actively managed by MFS, while MTUM is a Momentum fund tracking the MSCI USA Momentum SR Variant Index. BRCE is actively managed, while MTUM is passively managed. Their 0.78 correlation means they have sometimes moved together and sometimes differently. BRCE charges 0.24%/yr vs 0.15%/yr for MTUM.
Performance
BRCE vs. MTUM - Performance Comparison
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Returns By Period
In the year-to-date period, BRCE achieves a 14.35% return, which is significantly lower than MTUM's 19.93% return.
BRCE
- 1D
- 0.69%
- 1M
- 1.38%
- 6M
- 11.17%
- YTD
- 14.35%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
MTUM
- 1D
- 0.27%
- 1M
- -5.35%
- 6M
- 17.31%
- YTD
- 19.93%
- 1Y
- 26.36%
- 3Y*
- 27.89%
- 5Y*
- 12.62%
- 10Y*
- 15.71%
- ALL TIME*
- 15.62%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.38K | $9.51K | $34.09K | |
| $558.09M | $637.73M | $538.11M |
BRCE vs. MTUM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BRCE MFS Blended Research Core Equity ETF | 14.35% | 2.04% |
MTUM iShares MSCI USA Momentum Factor ETF | 19.93% | -1.02% |
Correlation
The correlation between BRCE and MTUM is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 22, 2025 | 0.78 |
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Return for Risk
BRCE vs. MTUM — Risk / Return Rank
BRCE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MTUM
BRCE vs. MTUM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Blended Research Core Equity ETF (BRCE) and iShares MSCI USA Momentum Factor ETF (MTUM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BRCE | MTUM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.19 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.40 | — |
| Martin ratioReturn relative to average drawdown | — | 5.72 | — |
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Drawdowns
BRCE vs. MTUM - Drawdown Comparison
The maximum BRCE drawdown since its inception was -8.77%, smaller than the maximum MTUM drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for BRCE and MTUM.
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Drawdown Indicators
| BRCE | MTUM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.77% | -34.08% | +25.31% |
Max Drawdown (1Y)Largest decline over 1 year | — | -17.99% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -20.99% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.28% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.08% | — |
Current DrawdownCurrent decline from peak | -0.65% | -13.22% | +12.57% |
Average DrawdownAverage peak-to-trough decline | -1.47% | -6.22% | +4.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.39% | — |
Volatility
BRCE vs. MTUM - Volatility Comparison
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Volatility by Period
| BRCE | MTUM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 11.22% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 23.33% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.19% | 25.53% | -11.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.19% | 21.89% | -7.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.19% | 21.72% | -7.53% |
BRCE vs. MTUM - Expense Ratio Comparison
BRCE has a 0.24% expense ratio, which is higher than MTUM's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
BRCE vs. MTUM - Dividend Comparison
BRCE's dividend yield for the trailing twelve months is around 0.51%, less than MTUM's 0.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRCE MFS Blended Research Core Equity ETF | 0.51% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MTUM iShares MSCI USA Momentum Factor ETF | 0.62% | 0.91% | 0.75% | 1.35% | 1.80% | 0.55% | 0.83% | 1.48% | 1.27% | 1.02% | 1.43% | 1.12% |
Frequently Asked Questions
BRCE and MTUM have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MTUM is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MTUM is cheaper with a 0.15% expense ratio, compared with 0.24% for BRCE.
MTUM has the higher dividend yield at 0.62%, compared with 0.51% for BRCE.
BRCE is categorized as Large Cap Blend Equities, while MTUM is Momentum. They also come from different issuers: MFS and iShares. Their fees differ too: 0.24% for BRCE and 0.15% for MTUM.
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