diff --git a/timm/utils/model_ema.py b/timm/utils/model_ema.py
index a767eaa5..073d5c5e 100644
--- a/timm/utils/model_ema.py
+++ b/timm/utils/model_ema.py
@@ -112,9 +112,15 @@ class ModelEmaV2(nn.Module):
         if self.device is not None:
             self.module.to(device=device)
 
-    def update(self, model):
+    def _update(self, model, update_fn):
         with torch.no_grad():
             for ema_v, model_v in zip(self.module.state_dict().values(), model.state_dict().values()):
                 if self.device is not None:
                     model_v = model_v.to(device=self.device)
-                ema_v.copy_(ema_v * self.decay + (1. - self.decay) * model_v)
+                ema_v.copy_(update_fn(ema_v, model_v))
+
+    def update(self, model):
+        self._update(model, update_fn=lambda e, m: self.decay * e + (1. - self.decay) * m)
+
+    def set(self, model):
+        self._update(model, update_fn=lambda e, m: m)