Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
DYNF vs USMV: how they differ
DYNF and USMV hold 34% of their weight in the same names, and DYNF returned more over the year.
iShares U.S. Equity Factor Rotation Active ETF and iShares MSCI USA Min Vol Factor ETF.
What they hold in common
By the books each fund has filed, DYNF and USMV hold 34% of their money in the same securities at the same weight.
| Holding | DYNF | USMV |
|---|---|---|
| MICROSOFT | 4.75% | 1.56% |
| NVIDIA | 8.13% | 1.54% |
| JOHNSON & JOHNSON | 2.03% | 1.49% |
| EXXONMOBIL HOLDINGS CORP | 2.73% | 1.48% |
| CISCO SYSTEMS INC | 1.54% | 1.36% |
| SALESFORCE | 1.62% | 1.17% |
| DUKE ENERGY CORP | 0.97% | 1.38% |
| APPLE | 7.62% | 0.95% |
| BROADCOM INC | 2.59% | 0.94% |
| WELLTOWER | 0.90% | 1.53% |
| TRAVELERS COMPANIES | 1.45% | 0.81% |
| VERIZON COMMUNICATIONS INC | 0.81% | 1.49% |
| Only in DYNF | Only in USMV |
|---|---|
| JPMORGAN CHASE & CO 3.46% | CHUBB 1.49% |
| ALPHABET CLASS A 2.39% | MOTOROLA SOLUTIONS INC 1.48% |
| BANK OF AMERICA 2.17% | SOUTHERN 1.34% |
| CATERPILLAR INC 1.65% | WASTE MANAGEMENT INC 1.31% |
| TESLA INC 1.52% | CENCORA 1.29% |
| PARKER-HANNIFIN 1.29% | REPUBLIC SERVICES INC 1.28% |
| CITIGROUP 1.19% | CONSOLIDATED EDISON 1.21% |
| GOLDMAN SACHS GROUP 1.17% | WASTE CONNECTIONS 1.19% |
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 Sep 10, 2026.
| DYNF iShares U.S. Equity Factor Rotation Active ETF | USMV iShares MSCI USA Min Vol Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | U.S. Equity Factor Rotation Active | MSCI USA Min Vol Factor |
| Total return, 1 year | +20.8% | +6.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +3.3 pts | −10.9 pts |
| Expense ratio | 0.26% | 0.15% |
| Already in the S&P 500 | 98.8% | 94.8% |
| Holdings | 234 | 175 |
DYNF in plain words
DYNF is an index equity fund tracking the U.S. Equity Factor Rotation Active. Over the year to Sep 11, 2026 it returned +20.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.26% a year. By its holdings filed for Sep 10, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 234 positions, with the top ten at 40.3%.
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 Sep 10, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 175 positions, with the top ten at 15.1%.
Questions people ask
- Which returned more over the last year, DYNF or USMV?
- In the year to Sep 13, 2026, with distributions reinvested, DYNF returned +20.8% and USMV returned +6.6%, so DYNF returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, DYNF or USMV?
- DYNF charges 0.26% a year and USMV charges 0.15%, so USMV is cheaper. Fees come from each fund's prospectus.
- How much do DYNF and USMV overlap with the S&P 500?
- By their latest filed holdings, 99% of DYNF and 95% of USMV by weight is stocks the S&P 500 already holds. Between the two funds, 34% 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, DYNF against USMV, data as of Sep 13, 2026. https://etfiq.com/compare/any/dynf-vs-usmv Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources