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MTUM vs QUAL: which was the better investment?

iShares MSCI USA Momentum Factor ETF against iShares MSCI USA Quality Factor ETF on real daily total-return data — every dividend reinvested, from Jul 18, 2013 to Jul 14, 2026.

MTUMQUAL
13 years of daily dataDividends reinvestedUpdated daily

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MTUMiShares MSCI USA Momentum Factor ETF
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Frequently asked questions

Did MTUM beat QUAL?

Yes — measured from Jul 18, 2013 to Jul 14, 2026 with dividends reinvested, MTUM came out ahead: $68,759 versus $52,708 from a $10,000 start. That gap compounds from a 16.0% annual return against 13.7%.

What would $10,000 in MTUM be worth today?

$10,000 invested in iShares MSCI USA Momentum Factor ETF (MTUM) on Jul 18, 2013 would be worth about $68,759 as of Jul 14, 2026, a total return of 587.6% (16.0% per year). The same $10,000 in QUAL would be worth $52,708.

Which was riskier — MTUM or QUAL?

MTUM swung with an annualized volatility of 20.1% and a worst peak-to-trough drop of -34.1%; QUAL ran at 17.1% volatility with a -34.1% maximum drawdown. Risk-adjusted (Sharpe ratio), that is 0.70 for MTUM vs 0.68 for QUAL.

What data is this comparison based on?

Daily adjusted closing prices covering Jul 18, 2013 through Jul 14, 2026 — the full period where both assets have price history. Adjusted prices include dividends and splits, so these are total returns. The page refreshes with new market data every day.

Can I change the dates, amounts, or add monthly investing?

Yes — the interactive tool on this page is pre-loaded with MTUM vs QUAL. You can set any start and end date, change the starting amount, add monthly contributions, or build a multi-asset portfolio and compare it against any benchmark.