Which returned more over the last year, USMV or VBIL?

In the year to Sep 12, 2026, with distributions reinvested, USMV returned +6.6% and VBIL returned +3.8%, so USMV returned more. One year is one year; the longer windows are in the table.

Which is cheaper, USMV or VBIL?

USMV charges 0.15% a year and VBIL charges 0.06%, so VBIL is cheaper. Fees come from each fund's prospectus.

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

ETFIQetfiq.com · independent ETF data

USMV vs VBIL: how they differ

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

iShares MSCI USA Min Vol Factor ETF and Vanguard 0-3 Month Treasury Bill ETF.

What they hold in common

By the books each fund has filed, USMV and VBIL 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 USMV	Only in VBIL
CISCO SYSTEMS, INC. 1.81%	United States Treasury Bill 6.78%
NVIDIA CORPORATION 1.64%	United States Treasury Bill 6.10%
EXXON MOBIL CORPORATION 1.60%	United States Treasury Bill 5.61%
MICROSOFT CORPORATION 1.56%	United States Treasury Bill 5.41%
DUKE ENERGY CORPORATION 1.55%	United States Treasury Bill 5.18%
THE SOUTHERN COMPANY 1.53%	United States Treasury Bill 5.17%
AMPHENOL CORPORATION 1.51%	United States Treasury Bill 5.15%
Chubb Limited 1.50%	United States Treasury Bill 5.13%

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.

USMV and VBIL on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	USMV iShares MSCI USA Min Vol Factor ETF	VBIL Vanguard 0-3 Month Treasury Bill ETF
Where it sits	Core index fund	Core index fund
Issuer	iShares	Vanguard
What it is	MSCI USA Min Vol Factor	0-3 Month Treasury Bill
Total return, 1 year	+6.6%	+3.8%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−10.9 pts	−13.7 pts
Expense ratio	0.15%	0.06%
Holdings	170	26

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%.

VBIL in plain words

VBIL is a cash and treasury bills tracking the 0-3 Month Treasury Bill. 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 0.06% a year.

Questions people ask

Which returned more over the last year, USMV or VBIL?: In the year to Sep 12, 2026, with distributions reinvested, USMV returned +6.6% and VBIL returned +3.8%, so USMV returned more. One year is one year; the longer windows are in the table.
Which is cheaper, USMV or VBIL?: USMV charges 0.15% a year and VBIL charges 0.06%, so VBIL 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.

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

A comparison is not a recommendation. Standards and sources