Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
USMV vs VTV: how they differ
USMV and VTV hold 33% of their weight in the same names, and VTV returned more over the year.
iShares MSCI USA Min Vol Factor ETF and Vanguard Value Index Fund.
What they hold in common
By the books each fund has filed, USMV and VTV hold 33% of their money in the same securities at the same weight.
| Holding | USMV | VTV |
|---|---|---|
| EXXON MOBIL CORPORATION | 1.60% | 2.13% |
| CISCO SYSTEMS, INC. | 1.81% | 1.57% |
| JOHNSON & JOHNSON | 1.44% | 2.30% |
| BERKSHIRE HATHAWAY INC. | 1.42% | 2.96% |
| MERCK & CO., INC. | 1.18% | 1.19% |
| THE PROCTER & GAMBLE COMPANY | 1.11% | 1.28% |
| THE COCA-COLA COMPANY | 1.20% | 1.05% |
| INTERNATIONAL BUSINESS MACHINES CORPORAT | 1.11% | 0.99% |
| WALMART INC. | 0.88% | 1.87% |
| Pepsico, Inc. | 1.02% | 0.70% |
| LINDE PUBLIC LIMITED COMPANY | 0.69% | 0.90% |
| ABBVIE INC. | 0.63% | 1.67% |
| Only in USMV | Only in VTV |
|---|---|
| NVIDIA CORPORATION 1.64% | JPMorgan Chase & Co 3.07% |
| MICROSOFT CORPORATION 1.56% | Caterpillar Inc 1.84% |
| AMPHENOL CORPORATION 1.51% | Bank of America Corp 1.37% |
| MOTOROLA SOLUTIONS, INC. 1.46% | Goldman Sachs Group Inc/The 1.07% |
| VERTEX PHARMACEUTICALS INCORPORATED 1.36% | Intel Corp 1.05% |
| WASTE CONNECTIONS, INC. 1.28% | Wells Fargo & Co 0.95% |
| MCDONALD'S CORPORATION 1.25% | Morgan Stanley 0.93% |
| MASTERCARD INCORPORATED 1.15% | Citigroup Inc 0.85% |
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 | VTV Vanguard Value Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | MSCI USA Min Vol Factor | US value |
| Total return, 1 year | +6.6% | +22.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −10.9 pts | +5.4 pts |
| Expense ratio | 0.15% | 0.03% |
| Already in the S&P 500 | 94.8% | 98.6% |
| Holdings | 170 | 308 |
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%.
VTV in plain words
VTV is an index equity fund tracking the US value. Over the year to Sep 11, 2026 it returned +22.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 308 positions, with the top ten at 23.7%.
Questions people ask
- Which returned more over the last year, USMV or VTV?
- In the year to Sep 12, 2026, with distributions reinvested, USMV returned +6.6% and VTV returned +22.9%, so VTV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, USMV or VTV?
- USMV charges 0.15% a year and VTV charges 0.03%, so VTV is cheaper. Fees come from each fund's prospectus.
- How much do USMV and VTV overlap with the S&P 500?
- By their latest filed holdings, 95% of USMV and 99% of VTV by weight is stocks the S&P 500 already holds. Between the two funds, 33% 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 VTV, data as of Sep 12, 2026. https://etfiq.com/compare/any/USMV-VTV Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources