Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
USMV vs VDE: how they differ
USMV and VDE hold 3% of their weight in the same names, and VDE returned more over the year.
iShares MSCI USA Min Vol Factor ETF and Vanguard Energy Index Fund.
What they hold in common
By the books each fund has filed, USMV and VDE hold 3% of their money in the same securities at the same weight.
| Holding | USMV | VDE |
|---|---|---|
| EXXON MOBIL CORPORATION | 1.60% | 21.37% |
| THE WILLIAMS COMPANIES, INC. | 0.49% | 3.65% |
| EXPAND ENERGY CORPORATION | 0.41% | 0.95% |
| CHEVRON CORPORATION | 0.41% | 14.53% |
| CHENIERE ENERGY, INC. | 0.21% | 2.07% |
| EOG RESOURCES, INC. | 0.18% | 3.06% |
| Only in USMV | Only in VDE |
|---|---|
| CISCO SYSTEMS, INC. 1.81% | ConocoPhillips 5.79% |
| NVIDIA CORPORATION 1.64% | SLB Ltd 3.49% |
| MICROSOFT CORPORATION 1.56% | Marathon Petroleum Corp 3.29% |
| DUKE ENERGY CORPORATION 1.55% | Valero Energy Corp 3.19% |
| THE SOUTHERN COMPANY 1.53% | Phillips 66 2.98% |
| AMPHENOL CORPORATION 1.51% | Baker Hughes Co 2.65% |
| Chubb Limited 1.50% | Kinder Morgan Inc 2.61% |
| VERIZON COMMUNICATIONS INC. 1.49% | Targa Resources Corp 2.31% |
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 iShares MSCI USA Min Vol Factor ETF | VDE Vanguard Energy Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | MSCI USA Min Vol Factor | Energy |
| Total return, 1 year | +6.6% | +50.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −10.9 pts | +33.1 pts |
| Expense ratio | 0.15% | 0.09% |
| Already in the S&P 500 | 94.8% | 81.6% |
| Holdings | 170 | 105 |
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%.
VDE in plain words
VDE is an index equity fund tracking the Energy. Over the year to Sep 11, 2026 it returned +50.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for May 31, 2026, 82% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 64.0%.
Questions people ask
- Which returned more over the last year, USMV or VDE?
- In the year to Sep 12, 2026, with distributions reinvested, USMV returned +6.6% and VDE returned +50.6%, so VDE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, USMV or VDE?
- USMV charges 0.15% a year and VDE charges 0.09%, so VDE is cheaper. Fees come from each fund's prospectus.
- How much do USMV and VDE overlap with the S&P 500?
- By their latest filed holdings, 95% of USMV and 82% of VDE by weight is stocks the S&P 500 already holds. Between the two funds, 3% of their books are the same securities at the same weight.
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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.
Cite this page. ETFIQ, USMV against VDE, data as of Sep 12, 2026. https://etfiq.com/compare/any/USMV-VDE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources