Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
AVUS vs USMV: how they differ
AVUS and USMV hold 27% of their weight in the same names, and AVUS returned more over the year.
Avantis U.S. Equity ETF and iShares MSCI USA Min Vol Factor ETF.
What they hold in common
By the books each fund has filed, AVUS and USMV hold 27% of their money in the same securities at the same weight.
| Holding | AVUS | USMV |
|---|---|---|
| NVIDIA Corp | 5.49% | 1.64% |
| Microsoft Corp | 3.85% | 1.56% |
| Exxon Mobil Corp | 1.07% | 1.60% |
| Apple Inc | 5.37% | 0.82% |
| Visa Inc | 0.68% | 0.94% |
| Eli Lilly & Co | 0.84% | 0.66% |
| Walmart Inc | 0.64% | 0.88% |
| Merck & Co Inc | 0.63% | 1.18% |
| Berkshire Hathaway Inc | 0.61% | 1.42% |
| Johnson & Johnson | 0.58% | 1.44% |
| Advanced Micro Devices Inc | 0.67% | 0.53% |
| Broadcom Inc | 1.18% | 0.50% |
| Only in AVUS | Only in USMV |
|---|---|
| Alphabet Inc 2.42% | ROPER TECHNOLOGIES, INC. 0.94% |
| JPMorgan Chase & Co 1.20% | WELLTOWER INC. 0.80% |
| Lam Research Corp 1.00% | REALTY INCOME CORPORATION 0.72% |
| Caterpillar Inc 0.92% | LIBERTY MEDIA CORP - FORMULA ONE GROUP 0.57% |
| Tesla Inc 0.80% | PTC INC. 0.55% |
| Intel Corp 0.58% | SUN COMMUNITIES, INC. 0.54% |
| Goldman Sachs Group Inc/The 0.52% | Philip Morris International Inc. 0.52% |
| KLA Corp 0.51% | TYLER TECHNOLOGIES, INC. 0.46% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.
| AVUS Avantis U.S. Equity ETF | USMV iShares MSCI USA Min Vol Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Avantis | iShares |
| What it is | U.S. Equity | MSCI USA Min Vol Factor |
| Total return, 1 year | +21.6% | +6.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +4.1 pts | −10.9 pts |
| Expense ratio | 0.15% | 0.15% |
| Already in the S&P 500 | 84.4% | 94.8% |
| Holdings | 1875 | 170 |
AVUS in plain words
AVUS is an index equity fund tracking the U.S. Equity. Over the year to Sep 11, 2026 it returned +21.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for May 31, 2026, 84% of the fund by weight is stocks the S&P 500 also holds, across 1875 positions, with the top ten at 29.7%.
USMV in plain words
USMV is an index equity fund tracking the MSCI USA Min Vol Factor. Over the year to Sep 11, 2026 it returned +6.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Apr 30, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 170 positions, with the top ten at 15.7%.
Questions people ask
- Which returned more over the last year, AVUS or USMV?
- In the year to Sep 12, 2026, with distributions reinvested, AVUS returned +21.6% and USMV returned +6.6%, so AVUS returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, AVUS or USMV?
- AVUS charges 0.15% a year and USMV charges 0.15%, so AVUS is cheaper. Fees come from each fund's prospectus.
- How much do AVUS and USMV overlap with the S&P 500?
- By their latest filed holdings, 84% of AVUS and 95% of USMV by weight is stocks the S&P 500 already holds. Between the two funds, 27% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, AVUS against USMV, data as of Sep 12, 2026. https://etfiq.com/compare/any/AVUS-USMV Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources