Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
BSV vs USMV: how they differ
BSV and USMV hold 0% of their weight in the same names, and USMV returned more over the year.
Vanguard Short-Term Bond Index Fund and iShares MSCI USA Min Vol Factor ETF.
What they hold in common
By the books each fund has filed, BSV and USMV hold 0% of their money in the same securities at the same weight.
| Only in BSV | Only in USMV |
|---|---|
| United States Treasury Note/Bond 1.13% | CISCO SYSTEMS, INC. 1.81% |
| United States Treasury Note/Bond 0.90% | NVIDIA CORPORATION 1.64% |
| United States Treasury Note/Bond 0.89% | EXXON MOBIL CORPORATION 1.60% |
| United States Treasury Note/Bond 0.82% | MICROSOFT CORPORATION 1.56% |
| United States Treasury Note/Bond 0.81% | DUKE ENERGY CORPORATION 1.55% |
| United States Treasury Note/Bond 0.81% | THE SOUTHERN COMPANY 1.53% |
| United States Treasury Note/Bond 0.80% | AMPHENOL CORPORATION 1.51% |
| United States Treasury Note/Bond 0.78% | Chubb Limited 1.50% |
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 Jun 30, 2026.
| BSV Vanguard Short-Term Bond Index Fund | USMV iShares MSCI USA Min Vol Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | iShares |
| What it is | Short-Term Bond | MSCI USA Min Vol Factor |
| Total return, 1 year | +1.1% | +6.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −16.4 pts | −10.9 pts |
| Expense ratio | 0.03% | 0.15% |
| Holdings | 3185 | 170 |
BSV in plain words
BSV is a bond fund tracking the Short-Term Bond. Over the year to Sep 11, 2026 it returned +1.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% 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, BSV or USMV?
- In the year to Sep 12, 2026, with distributions reinvested, BSV returned +1.1% and USMV returned +6.6%, so USMV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, BSV or USMV?
- BSV charges 0.03% a year and USMV charges 0.15%, so BSV is cheaper. Fees come from each fund's prospectus.
Other comparisons
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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, BSV against USMV, data as of Sep 12, 2026. https://etfiq.com/compare/any/BSV-USMV Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources