Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
USMV vs VTI: how they differ
USMV and VTI hold 31% of their weight in the same names, and VTI returned more over the year.
iShares MSCI USA Min Vol Factor ETF and Vanguard Total Stock Market Index Fund.
What they hold in common
By the books each fund has filed, USMV and VTI hold 31% of their money in the same securities at the same weight.
| Holding | USMV | VTI |
|---|---|---|
| NVIDIA CORPORATION | 1.64% | 6.37% |
| MICROSOFT CORPORATION | 1.56% | 3.84% |
| BERKSHIRE HATHAWAY INC. | 1.42% | 1.25% |
| JOHNSON & JOHNSON | 1.44% | 0.85% |
| APPLE INC. | 0.82% | 5.88% |
| EXXON MOBIL CORPORATION | 1.60% | 0.79% |
| VISA INC. | 0.94% | 0.77% |
| WALMART INC. | 0.88% | 0.69% |
| ELI LILLY AND COMPANY | 0.66% | 1.41% |
| ABBVIE INC. | 0.63% | 0.62% |
| CISCO SYSTEMS, INC. | 1.81% | 0.58% |
| MASTERCARD INCORPORATED | 1.15% | 0.56% |
| Only in USMV | Only in VTI |
|---|---|
| MercadoLibre, Inc. 0.34% | Alphabet Inc 2.90% |
| COTERRA ENERGY INC. 0.19% | Tesla Inc 1.64% |
| JPMorgan Chase & Co 1.12% | |
| Intel Corp 0.78% | |
| Lam Research Corp 0.75% | |
| Caterpillar Inc 0.68% | |
| KLA Corp 0.55% | |
| General Electric Co 0.54% |
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 Jun 30, 2026.
| USMV iShares MSCI USA Min Vol Factor ETF | VTI Vanguard Total Stock Market Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | MSCI USA Min Vol Factor | US total market |
| Total return, 1 year | +6.6% | +17.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −10.9 pts | −0.3 pts |
| Expense ratio | 0.15% | 0.03% |
| Already in the S&P 500 | 94.8% | 88.3% |
| Holdings | 170 | 3531 |
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%.
VTI in plain words
VTI is an index equity fund tracking the US total market. Over the year to Sep 11, 2026 it returned +17.2% 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. By its holdings filed for Jun 30, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 3531 positions, with the top ten at 32.1%.
Questions people ask
- Which returned more over the last year, USMV or VTI?
- In the year to Sep 12, 2026, with distributions reinvested, USMV returned +6.6% and VTI returned +17.2%, so VTI returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, USMV or VTI?
- USMV charges 0.15% a year and VTI charges 0.03%, so VTI is cheaper. Fees come from each fund's prospectus.
- How much do USMV and VTI overlap with the S&P 500?
- By their latest filed holdings, 95% of USMV and 88% of VTI by weight is stocks the S&P 500 already holds. Between the two funds, 31% of their books are the same securities at the same weight.
Other comparisons
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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 VTI, data as of Sep 12, 2026. https://etfiq.com/compare/any/USMV-VTI Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources