Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
USMV vs VHT: how they differ
USMV and VHT hold 12% of their weight in the same names, and VHT returned more over the year.
iShares MSCI USA Min Vol Factor ETF and Vanguard Health Care Index Fund.
What they hold in common
By the books each fund has filed, USMV and VHT hold 12% of their money in the same securities at the same weight.
| Holding | USMV | VHT |
|---|---|---|
| JOHNSON & JOHNSON | 1.44% | 8.48% |
| VERTEX PHARMACEUTICALS INCORPORATED | 1.36% | 1.80% |
| MCKESSON CORPORATION | 1.31% | 1.45% |
| MERCK & CO., INC. | 1.18% | 4.67% |
| GILEAD SCIENCES, INC. | 0.82% | 2.64% |
| CENCORA, INC. | 1.28% | 0.79% |
| ABBOTT LABORATORIES | 0.67% | 2.36% |
| ELI LILLY AND COMPANY | 0.66% | 14.07% |
| ABBVIE INC. | 0.63% | 6.10% |
| UNITEDHEALTH GROUP INCORPORATED | 0.39% | 5.46% |
| AMGEN INC. | 0.31% | 2.87% |
| ALNYLAM PHARMACEUTICALS, INC. | 0.31% | 0.63% |
| Only in USMV | Only in VHT |
|---|---|
| CISCO SYSTEMS, INC. 1.81% | Thermo Fisher Scientific Inc 2.93% |
| NVIDIA CORPORATION 1.64% | Intuitive Surgical Inc 2.39% |
| EXXON MOBIL CORPORATION 1.60% | Pfizer Inc 2.36% |
| MICROSOFT CORPORATION 1.56% | Bristol-Myers Squibb Co 1.84% |
| DUKE ENERGY CORPORATION 1.55% | Danaher Corp 1.84% |
| THE SOUTHERN COMPANY 1.53% | CVS Health Corp 1.83% |
| AMPHENOL CORPORATION 1.51% | Stryker Corp 1.66% |
| Chubb Limited 1.50% | Edwards Lifesciences Corp 0.80% |
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 | VHT Vanguard Health Care Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | MSCI USA Min Vol Factor | Health Care |
| Total return, 1 year | +6.6% | +21.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −10.9 pts | +4.1 pts |
| Expense ratio | 0.15% | 0.09% |
| Already in the S&P 500 | 94.8% | 85.6% |
| Holdings | 170 | 401 |
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%.
VHT in plain words
VHT is an index equity fund tracking the Health Care. Over the year to Sep 11, 2026 it returned +21.6% 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, 86% of the fund by weight is stocks the S&P 500 also holds, across 401 positions, with the top ten at 52.0%. It sat 5.7% below its high of Aug 19, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, USMV or VHT?
- In the year to Sep 12, 2026, with distributions reinvested, USMV returned +6.6% and VHT returned +21.6%, so VHT returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, USMV or VHT?
- USMV charges 0.15% a year and VHT charges 0.09%, so VHT is cheaper. Fees come from each fund's prospectus.
- How much do USMV and VHT overlap with the S&P 500?
- By their latest filed holdings, 95% of USMV and 86% of VHT by weight is stocks the S&P 500 already holds. Between the two funds, 12% 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 VHT, data as of Sep 12, 2026. https://etfiq.com/compare/any/USMV-VHT Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources