Get the weekly note

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

ETFIQetfiq.com · independent ETF data

IUSB vs USMV: how they differ

IUSB and USMV hold 0% of their weight in the same names, and USMV returned more over the year.

iShares Core Universal USD Bond ETF and iShares MSCI USA Min Vol Factor ETF.

What they hold in common

By the books each fund has filed, IUSB and USMV hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in IUSBOnly in USMV
United States of America 0.38%CISCO SYSTEMS, INC. 1.81%
United States of America 0.37%NVIDIA CORPORATION 1.64%
United States of America 0.37%EXXON MOBIL CORPORATION 1.60%
United States of America 0.37%MICROSOFT CORPORATION 1.56%
United States of America 0.36%DUKE ENERGY CORPORATION 1.55%
United States of America 0.36%THE SOUTHERN COMPANY 1.53%
United States of America 0.36%AMPHENOL CORPORATION 1.51%
United States of America 0.35%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.

IUSB and USMV on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
IUSB
iShares Core Universal USD Bond ETF
USMV
iShares MSCI USA Min Vol Factor ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isCore Universal USD BondMSCI USA Min Vol Factor
Total return, 1 year−0.3%+6.6%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−17.8 pts−10.9 pts
Expense ratio0.06%0.15%
Holdings17819170

IUSB in plain words

IUSB is a bond fund tracking the Core Universal USD Bond. Over the year to Sep 11, 2026 it returned −0.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.06% 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, IUSB or USMV?
In the year to Sep 12, 2026, with distributions reinvested, IUSB returned −0.3% and USMV returned +6.6%, so USMV returned more. One year is one year; the longer windows are in the table.
Which is cheaper, IUSB or USMV?
IUSB charges 0.06% a year and USMV charges 0.15%, so IUSB is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where to next

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.

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

A comparison is not a recommendation. Standards and sources