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

In the year to Oct 28, 2026, with distributions reinvested, AVUS returned +18.0% and USMV +10.8%.

Which is cheaper, AVUS or USMV?

Neither: AVUS and USMV both charge 0.15% a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 84% of AVUS and 93% of USMV by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

AVUS vs USMV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, AVUS returned +18.0% to USMV's +10.8%; 32% of their weight is in the same names.

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Net assets on Oct 27, 2026: $14.8bn for Avantis U.S. Equity ETF and $24.1bn for iShares MSCI USA Min Vol Factor ETF.

AVUS on its own →USMV on its own →

At a glance

+18.0%

AVUS total return, 1 year

+10.8%

USMV total return, 1 year

0.15%

AVUS expense ratio

0.15%

USMV expense ratio

Pair scorecard

Both cost 0.15% a year; their one-year returns differ by 7.2 points; USMV is 1.6 times larger.

Points (pts) are percentage points.

AVUS vs USMV: Differences, Returns & Fees
Measure	AVUS	USMV
Return
Measure	AVUS	USMV
Total return, 1 year	+18.0%	+10.8%
Benchmark
Measure	AVUS	USMV
What it tracks	No index, actively managed	MSCI USA Minimum Volatility (USD) Index
Cost and size
Measure	AVUS	USMV
Expense ratio	0.15%	0.15%
Net assets, as of Oct 27, 2026	$14.8bn	$24.1bn
Holdings
Measure	AVUS	USMV
Holdings in common	32%
Top ten holdings, share of the fund	30.0%	14.8%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Oct 4, 2019 to Oct 23, 2026 · 368 weekly returns

AVUS USMV

Return

Total return edge AVUS +183.7% +81.0%

Annualized edge AVUS +15.9% +8.7%

Price return edge AVUS +158.5% +60.8%

Risk

Volatility edge USMV 19.5% 16.3%

Max drawdown edge USMV −35.1% −30.6%

Risk-adjusted

Sharpe edge AVUS 0.71 0.42

Sortino edge AVUS 1.02 0.59

Calmar edge AVUS 0.45 0.29

Reading

AVUS returned more: +183.7% to +81.0%. USMV swung less: 16.3% to 19.5%. USMV fell less at its worst: −30.6% to −35.1%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: AVUS vs USMV: Differences, Returns & Fees
Measure	AVUS	USMV	Edge	How it is measured
Return
Total return	+183.7%	+81.0%	AVUS	Price change plus distributions, reinvested.
Annualized	+15.9%	+8.7%	AVUS	Total return as a yearly rate.
Price return	+158.5%	+60.8%	AVUS	Price change alone, distributions left out.
Risk
Volatility	19.5%	16.3%	USMV	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	13.6%	11.7%	USMV	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−35.1%	−30.6%	USMV	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.71	0.42	AVUS	Return above Treasury bills per unit of volatility.
Sortino	1.02	0.59	AVUS	Return above Treasury bills per unit of downside deviation.
Calmar	0.45	0.29	AVUS	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 368 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

32%

By the books each fund has filed, AVUS and USMV hold 32% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

32% in common

Positions both hold · largest shared weight first AVUS USMV

MICROSOFT CORP COMMON STOCK USD.00000625 4.71% 1.61%

NVIDIA CORP COMMON STOCK USD.001 5.54% 1.47%

EXXONMOBIL HOLDINGS CORP COMMON STOCK 1.33% 1.54%

APPLE INC COMMON STOCK USD.00001 5.90% 0.96%

BROADCOM INC COMMON STOCK 0.95% 0.86%

ELI LILLY + CO COMMON STOCK 1.25% 0.84%

VISA INC CLASS A SHARES COMMON STOCK USD.0001 0.81% 1.05%

BERKSHIRE HATHAWAY INC CL B COMMON STOCK USD.0033 0.72% 1.50%

ADVANCED MICRO DEVICES COMMON STOCK USD.01 0.71% 0.77%

MICRON TECHNOLOGY INC COMMON STOCK USD.1 2.19% 0.69%

JOHNSON + JOHNSON COMMON STOCK USD1.0 0.67% 1.44%

CHEVRON CORP COMMON STOCK USD.75 0.70% 0.64%

Only in one fund ↓

Only in AVUS

ALPHABET INC CL A COMMON STOCK USD.001 1.89%

JPMORGAN CHASE + CO COMMON STOCK USD1.0 1.36%

TESLA INC COMMON STOCK USD.001 0.73%

CATERPILLAR INC COMMON STOCK USD1.0 0.63%

UNION PACIFIC CORP COMMON STOCK USD2.5 0.49%

GOLDMAN SACHS GROUP INC COMMON STOCK USD.01 0.46%

WELLS FARGO + CO COMMON STOCK USD1.666 0.45%

INTEL CORP COMMON STOCK USD.001 0.43%

Only in USMV

WELLTOWER 1.41%

ROPER TECHNOLOGIES 1.12%

PTC 0.66%

PHILIP MORRIS INTERNATIONAL 0.59%

REALTY INCOME REIT 0.59%

LIBERTY MEDIA SERIES C 0.44%

WILLIS TOWERS WATSON 0.36%

SUN COMMUNITIES REIT INC 0.19%

Check overlap with more funds →

Side by side

AVUS Avantis U.S. Equity ETF USMV iShares MSCI USA Min Vol Factor ETF

Where it sits Stock ETF Stock ETF

Issuer Avantis iShares

What it is Actively managed Tracks the MSCI USA Min Vol Factor

Total return, 1 year +18.0% +10.8%

Its benchmark over the same days +13.3% (IWV) not measured

Gap to its benchmark +4.7 pts vs IWV not measured

Expense ratio 0.15% 0.15%

Already in the S&P 500 84.1% 93.0%

Holdings 1943 176

Net assets, as of Oct 27, 2026 $14.8bn $24.1bn

AVUS and USMV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-C34EF268B9

AVUS and USMV are built for the same job. How do they differ in cost, holdings and results?

What each follows. AVUS follows No index, actively managed and USMV follows MSCI USA Minimum Volatility (USD) Index.
Holdings in common. 32% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 AVUS returned +18.0% and USMV +10.8% with distributions reinvested, a gap of 7.2 points.

Data as of Oct 28, 2026.

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About each fund

AVUS

Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested, against +13.3% for its benchmark, the Russell 3000.

AVUS is actively managed and tracks no index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 84% of the fund by weight is stocks the S&P 500 also holds, across 1,943 positions, with the top ten at 30.0%.

USMV

USMV tracks the MSCI USA Min Vol Factor. Over the year to Oct 28, 2026 it returned +10.8% with distributions reinvested. By its holdings published by its issuer for Oct 27, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 176 positions, with the top ten at 14.8%.

Questions people ask

Which returned more over the last year, AVUS or USMV?: In the year to Oct 28, 2026, with distributions reinvested, AVUS returned +18.0% and USMV +10.8%.
Which is cheaper, AVUS or USMV?: Neither: AVUS and USMV both charge 0.15% a year. Fees come from each fund's prospectus.
How much do AVUS and USMV overlap with the S&P 500?: By their latest filed holdings, 84% of AVUS and 93% of USMV by weight is stocks the S&P 500 already holds.

Other comparisons

AVUS vs RDVY AVUS vs CGGR AVUS vs SPMO AVUS vs DFUS GSLC vs USMV ESGV vs USMV DGRW vs USMV DFAU vs USMV

Where to next

AVUS on its own →USMV on its own →Hold both: look the portfolio through →Rankings →AVUS dividend history →AVUS holdings →USMV dividend history →USMV holdings →Standards and sources →

Sources and dates

AVUS filings on SEC EDGAR ↗

AVUS prospectus with the expense ratio (SEC) ↗

Avantis website ↗

USMV filings on SEC EDGAR ↗

USMV prospectus with the expense ratio (SEC) ↗

iShares page for USMV ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, AVUS against USMV, data as of Oct 28, 2026. https://etfiq.com/compare/any/avus-vs-usmv

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.