Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SGOV vs USMV: how they differ
SGOV is a short-term Treasury fund and USMV an equity index fund, and over the year USMV returned more, +6.6% against +3.8%.
iShares 0-3 Month Treasury Bond ETF and iShares MSCI USA Min Vol Factor ETF.
| SGOV iShares 0-3 Month Treasury Bond ETF | USMV iShares MSCI USA Min Vol Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | 0-3 month T-bills | MSCI USA Min Vol Factor |
| Total return, 1 year | +3.8% | +6.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −13.7 pts | −10.9 pts |
| Expense ratio | 0.09% | 0.15% |
| Holdings | not filed | 170 |
SGOV in plain words
SGOV is a cash and treasury bills tracking the 0-3 month T-bills. Over the year to Sep 11, 2026 it returned +3.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% 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, SGOV or USMV?
- In the year to Sep 12, 2026, with distributions reinvested, SGOV returned +3.8% and USMV returned +6.6%, so USMV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SGOV or USMV?
- SGOV charges 0.09% a year and USMV charges 0.15%, so SGOV is cheaper. Fees come from each fund's prospectus.
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Where these figures came from
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Cite this page. ETFIQ, SGOV against USMV, data as of Sep 12, 2026. https://etfiq.com/compare/any/SGOV-USMV Free to use with attribution; the underlying files are at Open data.
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