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

In the year to Sep 12, 2026, with distributions reinvested, USMV returned +6.6% and VGSH returned +1.8%, so USMV returned more. One year is one year; the longer windows are in the table.

Which is cheaper, USMV or VGSH?

USMV charges 0.15% a year and VGSH charges 0.03%, so VGSH 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 VGSH: how they differ

USMV and VGSH 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 Treasury Index Fund.

What they hold in common

By the books each fund has filed, USMV and VGSH 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 VGSH
CISCO SYSTEMS, INC. 1.81%	United States Treasury Note/Bond 2.26%
NVIDIA CORPORATION 1.64%	United States Treasury Note/Bond 1.41%
EXXON MOBIL CORPORATION 1.60%	United States Treasury Note/Bond 1.36%
MICROSOFT CORPORATION 1.56%	United States Treasury Note/Bond 1.32%
DUKE ENERGY CORPORATION 1.55%	United States Treasury Note/Bond 1.31%
THE SOUTHERN COMPANY 1.53%	United States Treasury Note/Bond 1.30%
AMPHENOL CORPORATION 1.51%	United States Treasury Note/Bond 1.27%
Chubb Limited 1.50%	United States Treasury Note/Bond 1.27%

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 VGSH on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	USMV iShares MSCI USA Min Vol Factor ETF	VGSH Vanguard Short-Term Treasury Index Fund
Where it sits	Core index fund	Core index fund
Issuer	iShares	Vanguard
What it is	MSCI USA Min Vol Factor	Short-Term Treasury
Total return, 1 year	+6.6%	+1.8%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−10.9 pts	−15.7 pts
Expense ratio	0.15%	0.03%
Holdings	170	91

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%.

VGSH in plain words

VGSH is a bond fund tracking the Short-Term Treasury. Over the year to Sep 11, 2026 it returned +1.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, USMV or VGSH?: In the year to Sep 12, 2026, with distributions reinvested, USMV returned +6.6% and VGSH returned +1.8%, so USMV returned more. One year is one year; the longer windows are in the table.
Which is cheaper, USMV or VGSH?: USMV charges 0.15% a year and VGSH charges 0.03%, so VGSH 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 VGSH, 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 VGSH, data as of Sep 12, 2026. https://etfiq.com/compare/any/USMV-VGSH Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources