STXD vs. MTUM

Last updated Jun 3, 2026

STXD (Strive 1000 Dividend Growth ETF) and MTUM (iShares MSCI USA Momentum Factor ETF) are both exchange-traded funds - STXD is a Large Cap Blend Equities fund tracking the Bloomberg US 1000 Dividend Growth Index, while MTUM is a Momentum fund tracking the MSCI USA Momentum SR Variant Index. Both are passively managed. Over the past 3 years, STXD returned 15.13%/yr vs 34.28%/yr for MTUM. A 0.75 correlation means they provide meaningful diversification when combined. STXD charges 0.35%/yr vs 0.15%/yr for MTUM.

Performance

STXD vs. MTUM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive 1000 Dividend Growth ETF (STXD) and iShares MSCI USA Momentum Factor ETF (MTUM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STXD achieves a 5.65% return, which is significantly lower than MTUM's 30.37% return.

STXD

• 1D: 0.72%
• 1M: 2.96%
• YTD: 5.65%
• 6M: 6.52%
• 1Y: 17.80%
• 3Y*: 15.13%
• 5Y*: —
• 10Y*: —

MTUM

• 1D: 2.87%
• 1M: 14.36%
• YTD: 30.37%
• 6M: 31.51%
• 1Y: 40.75%
• 3Y*: 34.28%
• 5Y*: 15.20%
• 10Y*: 17.19%

*Multi-year figures are annualized to reflect compound growth (CAGR)

STXD vs. MTUM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
STXD Strive 1000 Dividend Growth ETF	5.65%	14.79%	14.51%	13.94%	-0.18%
MTUM iShares MSCI USA Momentum Factor ETF	30.37%	22.15%	32.89%	9.15%	-1.32%

Correlation

The correlation between STXD and MTUM is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (All Time) Calculated using the full available price history since Nov 11, 2022	0.75

The correlation between STXD and MTUM has been stable across timeframes, ranging from 0.71 to 0.76 - a consistent structural relationship.

STXD vs. MTUM - Sectors Allocation Comparison

Sectors	STXD	MTUM
Technology	28.4%	44.4%
Financial Services	23.6%	10.4%
Industrials	15.1%	15.6%
Healthcare	12.0%	6.9%
Consumer Cyclical	8.3%	3.6%
Consumer Defensive	3.8%	3.3%
Real Estate	3.2%	1.8%
Basic Materials	2.9%	1.7%
Utilities	2.4%	1.6%
Energy	0.2%	3.5%
Communication Services	0.1%	7.4%

Return for Risk

STXD vs. MTUM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

STXD

STXD Risk / Return Rank: 43
STXD Sharpe Ratio Rank: 44
STXD Sortino Ratio Rank: 45
STXD Omega Ratio Rank: 41
STXD Calmar Ratio Rank: 38
STXD Martin Ratio Rank: 48

MTUM

MTUM Risk / Return Rank: 67
MTUM Sharpe Ratio Rank: 64
MTUM Sortino Ratio Rank: 62
MTUM Omega Ratio Rank: 63
MTUM Calmar Ratio Rank: 72
MTUM Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

STXD vs. MTUM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive 1000 Dividend Growth ETF (STXD) 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.

	STXD	MTUM	Difference
Sharpe ratio Return per unit of total volatility	1.56	2.15	-0.60
Sortino ratio Return per unit of downside risk	2.29	2.92	-0.63
Omega ratio Gain probability vs. loss probability	1.27	1.39	-0.12
Calmar ratio Return relative to maximum drawdown	1.95	3.63	-1.68
Martin ratio Return relative to average drawdown	8.06	14.50	-6.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STXD vs. MTUM - Sharpe Ratio Comparison

The current STXD Sharpe Ratio is 1.56, which is comparable to the MTUM Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of STXD and MTUM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	STXD	MTUM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.56	2.15	-0.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.74	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.05	0.84	+0.21

Drawdowns

STXD vs. MTUM - Drawdown Comparison

The maximum STXD drawdown since its inception was -14.87%, smaller than the maximum MTUM drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for STXD and MTUM.

Drawdown Indicators

	STXD	MTUM	Difference
Max Drawdown Largest peak-to-trough decline	-14.87%	-34.08%	+19.21%
Max Drawdown (1Y) Largest decline over 1 year	-9.21%	-11.54%	+2.33%
Max Drawdown (3Y) Largest decline over 3 years	-14.87%	-20.99%	+6.12%
Max Drawdown (5Y) Largest decline over 5 years	—	-32.28%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.08%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.00%	-6.21%	+4.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	2.89%	-0.66%

Volatility

STXD vs. MTUM - Volatility Comparison

The current volatility for Strive 1000 Dividend Growth ETF (STXD) is 2.95%, while iShares MSCI USA Momentum Factor ETF (MTUM) has a volatility of 7.73%. This indicates that STXD experiences smaller price fluctuations and is considered to be less risky than MTUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STXD	MTUM	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.95%	7.73%	-4.78%
Volatility (6M) Calculated over the trailing 6-month period	8.98%	16.49%	-7.51%
Volatility (1Y) Calculated over the trailing 1-year period	11.49%	19.03%	-7.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.12%	20.59%	-7.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.12%	21.04%	-7.92%

STXD vs. MTUM - Expense Ratio Comparison

STXD has a 0.35% expense ratio, which is higher than MTUM's 0.15% expense ratio.

Dividends

STXD vs. MTUM - Dividend Comparison

STXD's dividend yield for the trailing twelve months is around 1.20%, more than MTUM's 0.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MTUM iShares MSCI USA Momentum Factor ETF	0.60%	0.91%	0.75%	1.35%	1.80%	0.55%	0.83%	1.48%	1.27%	1.02%	1.43%	1.12%
STXD Strive 1000 Dividend Growth ETF	1.20%	1.15%	1.23%	1.27%	0.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STXD and MTUM in my portfolio?

STXD and MTUM have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STXD or MTUM?

MTUM has higher volatility (7.73%) compared to STXD (2.95%). In terms of maximum drawdown, STXD dropped -14.87% vs MTUM's -34.08%.

Which ETF is better, STXD or MTUM?

On 3-year performance, MTUM leads with 34.28% vs 15.13% for STXD. On fees, MTUM is cheaper at 0.15% per year. On volatility, STXD has been the lower-risk option at 2.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STXD or MTUM?

Over the 3-year period, MTUM has performed better with a 34.28% return vs 15.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STXD or MTUM?

MTUM is cheaper with a 0.15% expense ratio, compared with 0.35% for STXD.

Which ETF pays a higher dividend yield, STXD or MTUM?

STXD has the higher dividend yield at 1.20%, compared with 0.60% for MTUM.

What is the main difference between STXD and MTUM?

STXD is categorized as Large Cap Blend Equities, while MTUM is Momentum. STXD tracks Bloomberg US 1000 Dividend Growth Index, while MTUM tracks MSCI USA Momentum SR Variant Index. They also come from different issuers: Strive and iShares. Their fees differ too: 0.35% for STXD and 0.15% for MTUM.

Which has better risk-adjusted returns?

MTUM currently has the higher Sharpe Ratio (2.15 vs 1.56), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.