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

SCHF vs USMV: how they differ

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

Schwab International Equity ETF and iShares MSCI USA Min Vol Factor ETF.

What they hold in common

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

Positions SCHF and USMV both hold, largest shared weight first
HoldingSCHFUSMV
Waste Connections Inc0.13%1.28%
Largest positions each one holds and the other does not
Only in SCHFOnly in USMV
SK hynix Inc 2.83%CISCO SYSTEMS, INC. 1.81%
ASML Holding NV 2.12%NVIDIA CORPORATION 1.64%
HSBC Holdings PLC 1.09%EXXON MOBIL CORPORATION 1.60%
Novartis AG 0.98%MICROSOFT CORPORATION 1.56%
AstraZeneca PLC 0.94%DUKE ENERGY CORPORATION 1.55%
Royal Bank of Canada 0.91%THE SOUTHERN COMPANY 1.53%
Nestle SA 0.88%AMPHENOL CORPORATION 1.51%
Shell PLC 0.81%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 May 31, 2026.

SCHF and USMV on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
SCHF
Schwab International Equity ETF
USMV
iShares MSCI USA Min Vol Factor ETF
Where it sitsCore index fundCore index fund
IssuerSchwabiShares
What it isInternational EquityMSCI USA Min Vol Factor
Total return, 1 year+25.4%+6.6%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+8.0 pts−10.9 pts
Expense ratio0.03%0.15%
Already in the S&P 5000.0%94.8%
Holdings1476170

SCHF in plain words

SCHF is an index equity fund tracking the International Equity. Over the year to Sep 11, 2026 it returned +25.4% 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. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1476 positions, with the top ten at 14.9%.

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, SCHF or USMV?
In the year to Sep 12, 2026, with distributions reinvested, SCHF returned +25.4% and USMV returned +6.6%, so SCHF returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SCHF or USMV?
SCHF charges 0.03% a year and USMV charges 0.15%, so SCHF is cheaper. Fees come from each fund's prospectus.
How much do SCHF and USMV overlap with the S&P 500?
By their latest filed holdings, 0% of SCHF and 95% of USMV by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

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.

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

A comparison is not a recommendation. Standards and sources