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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

BOXX vs USMV: how they differ

BOXX is a short-term Treasury fund and USMV an equity index fund, and over the year USMV returned more, +6.6% against +4.0%.

Alpha Architect 1-3 Month Box ETF and iShares MSCI USA Min Vol Factor ETF.

BOXX and USMV on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
BOXX
Alpha Architect 1-3 Month Box ETF
USMV
iShares MSCI USA Min Vol Factor ETF
Where it sitsCore index fundCore index fund
IssuerAlphaiShares
What it is1-3 Month BoxMSCI USA Min Vol Factor
Total return, 1 year+4.0%+6.6%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−13.5 pts−10.9 pts
Expense ratio0.19%0.15%
Holdingsnot filed170

BOXX in plain words

BOXX is a cash and treasury bills tracking the 1-3 Month Box. Over the year to Sep 11, 2026 it returned +4.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.19% a year.

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. The prospectus expense ratio is 0.15% a year. 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, BOXX or USMV?
In the year to Sep 12, 2026, with distributions reinvested, BOXX returned +4.0% and USMV returned +6.6%, so USMV returned more. One year is one year; the longer windows are in the table.
Which is cheaper, BOXX or USMV?
BOXX charges 0.19% a year and USMV charges 0.15%, so USMV is cheaper. Fees come from each fund's prospectus.

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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.

BOXX against USMV, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BOXX against USMV, data as of Sep 12, 2026. https://etfiq.com/compare/any/BOXX-USMV Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources