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

In the year to Sep 12, 2026, with distributions reinvested, USMV returned +6.6% and VXF returned +14.1%, so VXF returned more. One year is one year; the longer windows are in the table.

Which is cheaper, USMV or VXF?

USMV charges 0.15% a year and VXF charges 0.05%, so VXF is cheaper. Fees come from each fund's prospectus.

How much do USMV and VXF overlap with the S&P 500?

By their latest filed holdings, 95% of USMV and 0% of VXF by weight is stocks the S&P 500 already holds. Between the two funds, 2% of their books are the same securities at the same weight.

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

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USMV vs VXF: how they differ

USMV and VXF hold 2% of their weight in the same names, and VXF returned more over the year.

iShares MSCI USA Min Vol Factor ETF and Vanguard Extended Market Index Fund.

What they hold in common

By the books each fund has filed, USMV and VXF hold 2% of their money in the same securities at the same weight.

Positions USMV and VXF both hold, largest shared weight first
Holding	USMV	VXF
ALNYLAM PHARMACEUTICALS, INC.	0.31%	0.47%
ZOOM COMMUNICATIONS, INC.	0.26%	0.27%
SNOWFLAKE INC.	0.24%	1.03%
LIBERTY MEDIA CORP - FORMULA ONE GROUP	0.57%	0.24%
FIRST CITIZENS BANCSHARES, INC.	0.32%	0.23%
UNITED THERAPEUTICS CORPORATION	0.21%	0.27%
CHENIERE ENERGY, INC.	0.21%	0.59%
NEUROCRINE BIOSCIENCES, INC.	0.31%	0.20%
SUN COMMUNITIES, INC.	0.54%	0.16%
TRADEWEB MARKETS INC.	0.16%	0.14%
Astera Labs, Inc	0.09%	0.76%
Credo Technology Group Holding Ltd	0.08%	0.52%

Largest positions each one holds and the other does not
Only in USMV	Only in VXF
CISCO SYSTEMS, INC. 1.81%	Space Exploration Technologies Corp 1.19%
NVIDIA CORPORATION 1.64%	Bloom Energy Corp 0.93%
EXXON MOBIL CORPORATION 1.60%	Cloudflare Inc 0.92%
MICROSOFT CORPORATION 1.56%	Rocket Lab Corp 0.61%
DUKE ENERGY CORPORATION 1.55%	Ferguson Enterprises Inc 0.54%
THE SOUTHERN COMPANY 1.53%	Natera Inc 0.46%
AMPHENOL CORPORATION 1.51%	REVOLUTION Medicines Inc 0.44%
Chubb Limited 1.50%	ROBLOX Corp 0.43%

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 and VXF on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	USMV iShares MSCI USA Min Vol Factor ETF	VXF Vanguard Extended Market Index Fund
Where it sits	Core index fund	Core index fund
Issuer	iShares	Vanguard
What it is	MSCI USA Min Vol Factor	Extended Market
Total return, 1 year	+6.6%	+14.1%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−10.9 pts	−3.4 pts
Expense ratio	0.15%	0.05%
Already in the S&P 500	94.8%	0.0%
Holdings	170	3365

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%.

VXF in plain words

VXF is an index equity fund tracking the Extended Market. Over the year to Sep 11, 2026 it returned +14.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3365 positions, with the top ten at 7.6%. It sat 5.1% below its high of Aug 14, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, USMV or VXF?: In the year to Sep 12, 2026, with distributions reinvested, USMV returned +6.6% and VXF returned +14.1%, so VXF returned more. One year is one year; the longer windows are in the table.
Which is cheaper, USMV or VXF?: USMV charges 0.15% a year and VXF charges 0.05%, so VXF is cheaper. Fees come from each fund's prospectus.
How much do USMV and VXF overlap with the S&P 500?: By their latest filed holdings, 95% of USMV and 0% of VXF by weight is stocks the S&P 500 already holds. Between the two funds, 2% 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 VXF, 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 VXF, data as of Sep 12, 2026. https://etfiq.com/compare/any/USMV-VXF Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources