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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 VT: how they differ

USMV and VT hold 23% of their weight in the same names, and VT returned more over the year.

iShares MSCI USA Min Vol Factor ETF and Vanguard Total World Stock Index Fund.

What they hold in common

By the books each fund has filed, USMV and VT hold 23% of their money in the same securities at the same weight.

Positions USMV and VT both hold, largest shared weight first
HoldingUSMVVT
NVIDIA CORPORATION1.64%4.22%
MICROSOFT CORPORATION1.56%2.73%
APPLE INC.0.82%3.53%
BERKSHIRE HATHAWAY INC.1.42%0.69%
ELI LILLY AND COMPANY0.66%0.68%
EXXON MOBIL CORPORATION1.60%0.59%
WALMART INC.0.88%0.52%
ADVANCED MICRO DEVICES, INC.0.53%0.52%
BROADCOM INC.0.50%1.74%
VISA INC.0.94%0.50%
JOHNSON & JOHNSON1.44%0.50%
ALPHABET INC.0.45%1.61%
Largest positions each one holds and the other does not
Only in USMVOnly in VT
ERIE INDEMNITY COMPANY 0.08%Alphabet Inc 2.04%
Taiwan Semiconductor Manufacturing Co Lt 1.52%
Tesla Inc 0.97%
JPMorgan Chase & Co 0.72%
Samsung Electronics Co Ltd 0.64%
ASML Holding NV 0.51%
SK hynix Inc 0.44%
Intel Corp 0.38%

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.

USMV and VT on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
USMV
iShares MSCI USA Min Vol Factor ETF
VT
Vanguard Total World Stock Index Fund
Where it sitsCore index fundCore index fund
IssueriSharesVanguard
What it isMSCI USA Min Vol FactorTotal World Stock
Total return, 1 year+6.6%+18.9%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−10.9 pts+1.4 pts
Expense ratio0.15%0.06%
Already in the S&P 50094.8%55.2%
Holdings17010042

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%.

VT in plain words

VT is an index equity fund tracking the Total World Stock. Over the year to Sep 11, 2026 it returned +18.9% 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. By its holdings filed for Apr 30, 2026, 55% of the fund by weight is stocks the S&P 500 also holds, across 10042 positions, with the top ten at 21.9%.

Questions people ask

Which returned more over the last year, USMV or VT?
In the year to Sep 12, 2026, with distributions reinvested, USMV returned +6.6% and VT returned +18.9%, so VT returned more. One year is one year; the longer windows are in the table.
Which is cheaper, USMV or VT?
USMV charges 0.15% a year and VT charges 0.06%, so VT is cheaper. Fees come from each fund's prospectus.
How much do USMV and VT overlap with the S&P 500?
By their latest filed holdings, 95% of USMV and 55% of VT by weight is stocks the S&P 500 already holds. Between the two funds, 23% 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.

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

A comparison is not a recommendation. Standards and sources