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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 VCSH: how they differ

USMV and VCSH 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 Short-Term Corporate Bond Index Fund.

What they hold in common

By the books each fund has filed, USMV and VCSH 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 USMVOnly in VCSH
CISCO SYSTEMS, INC. 1.81%United States Treasury Note/Bond 0.85%
NVIDIA CORPORATION 1.64%Bank of America Corp 0.24%
EXXON MOBIL CORPORATION 1.60%AbbVie Inc 0.21%
MICROSOFT CORPORATION 1.56%CVS Health Corp 0.21%
DUKE ENERGY CORPORATION 1.55%T-Mobile USA Inc 0.20%
THE SOUTHERN COMPANY 1.53%Boeing Co/The 0.20%
AMPHENOL CORPORATION 1.51%Wells Fargo & Co 0.18%
Chubb Limited 1.50%JPMorgan Chase & Co 0.18%

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.

USMV and VCSH on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
USMV
iShares MSCI USA Min Vol Factor ETF
VCSH
Vanguard Short-Term Corporate Bond Index Fund
Where it sitsCore index fundCore index fund
IssueriSharesVanguard
What it isMSCI USA Min Vol FactorShort-Term Corporate Bond
Total return, 1 year+6.6%+1.6%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−10.9 pts−15.9 pts
Expense ratio0.15%0.03%
Holdings1702999

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%.

VCSH in plain words

VCSH is a bond fund tracking the Short-Term Corporate Bond. Over the year to Sep 11, 2026 it returned +1.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, USMV or VCSH?
In the year to Sep 12, 2026, with distributions reinvested, USMV returned +6.6% and VCSH returned +1.6%, so USMV returned more. One year is one year; the longer windows are in the table.
Which is cheaper, USMV or VCSH?
USMV charges 0.15% a year and VCSH charges 0.03%, so VCSH is cheaper. Fees come from each fund's prospectus.

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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.

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

A comparison is not a recommendation. Standards and sources