Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs VLUE: how they differ
GARP and VLUE hold 10% of their weight in the same names, and VLUE returned more over the year.
iShares MSCI USA Quality GARP ETF and iShares MSCI USA Value Factor ETF.
What they hold in common
By the books each fund has filed, GARP and VLUE hold 10% of their money in the same securities at the same weight.
| Holding | GARP | VLUE |
|---|---|---|
| MICRON TECHNOLOGY INC | 6.07% | 11.63% |
| CITIGROUP INC | 0.62% | 1.94% |
| DELL TECHNOLOGIES INC | 0.61% | 0.86% |
| JABIL INC | 0.57% | 0.57% |
| EXPEDIA GROUP INC | 0.54% | 0.51% |
| CITIZENS FINANCIAL GROUP INC | 0.23% | 0.22% |
| VALERO ENERGY CORP | 0.20% | 0.70% |
| FORD MOTOR CO | 0.14% | 1.50% |
| TWILIO INC | 0.14% | 0.35% |
| NEWMONT CORP | 0.13% | 0.64% |
| FIRST SOLAR INC | 0.11% | 0.47% |
| DELTA AIR LINES INC | 0.08% | 0.29% |
| Only in GARP | Only in VLUE |
|---|---|
| KLA CORP 6.46% | INTEL CORPORATION 9.29% |
| APPLE INC 4.44% | CISCO SYSTEMS, INC. 4.97% |
| NVIDIA CORP 4.16% | APPLIED MATERIALS, INC. 3.67% |
| MICROSOFT CORP 4.10% | GENERAL MOTORS COMPANY 3.16% |
| BROADCOM INC 3.96% | VERIZON COMMUNICATIONS INC. 2.66% |
| LAM RESEARCH CORP 3.79% | AT&T INC. 2.53% |
| ELI LILLY & COMPANY 3.73% | WESTERN DIGITAL CORPORATION 1.89% |
| VISA INC 3.73% | BANK OF AMERICA CORPORATION 1.88% |
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.
| GARP iShares MSCI USA Quality GARP ETF | VLUE iShares MSCI USA Value Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI USA Quality GARP | MSCI USA Value Factor |
| Total return, 1 year | +29.5% | +69.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | +51.9 pts |
| Expense ratio | 0.15% | 0.15% |
| Already in the S&P 500 | 94.4% | 96.9% |
| Holdings | 131 | 148 |
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% 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 Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.
VLUE in plain words
VLUE is an index equity fund tracking the MSCI USA Value Factor. Over the year to Sep 11, 2026 it returned +69.4% 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, 97% of the fund by weight is stocks the S&P 500 also holds, across 148 positions, with the top ten at 43.6%.
Questions people ask
- Which returned more over the last year, GARP or VLUE?
- In the year to Sep 12, 2026, with distributions reinvested, GARP returned +29.5% and VLUE returned +69.4%, so VLUE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or VLUE?
- GARP charges 0.15% a year and VLUE charges 0.15%, so GARP is cheaper. Fees come from each fund's prospectus.
- How much do GARP and VLUE overlap with the S&P 500?
- By their latest filed holdings, 94% of GARP and 97% of VLUE by weight is stocks the S&P 500 already holds. Between the two funds, 10% of their books are the same securities at the same weight.
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, GARP against VLUE, data as of Sep 12, 2026. https://etfiq.com/compare/any/GARP-VLUE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources