Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs VLUE: how they differ
GARP and VLUE hold 8% of their weight in the same names, and VLUE returned more over the year.
iShares MSCI USA Quality GARP ETF and iShares MSCI USA Value Factor ETF.
What they hold in common
By the books each fund has filed, GARP and VLUE hold 8% of their money in the same securities at the same weight.
| Holding | GARP | VLUE |
|---|---|---|
| MICRON TECHNOLOGY | 4.76% | 21.65% |
| DELL TECHNOLOGIES INC CLASS C | 0.66% | 1.71% |
| ADOBE INC | 2.13% | 0.62% |
| EXPEDIA GROUP | 0.75% | 0.60% |
| NEWMONT | 0.23% | 0.72% |
| FLEX LTD | 0.17% | 0.31% |
| WORKDAY CLASS A | 0.16% | 0.24% |
| TWILIO CLASS A | 0.14% | 0.38% |
| OKTA CLASS A | 0.12% | 0.26% |
| ON SEMICONDUCTOR CORP | 0.12% | 0.34% |
| CENTENE CORP | 0.11% | 0.51% |
| BLK CSH FND TREASURY SL AGENCY | 0.10% | 0.15% |
| Only in GARP | Only in VLUE |
|---|---|
| APPLE 5.23% | CISCO SYSTEMS INC 4.14% |
| MICROSOFT 5.16% | GENERAL MOTORS 3.72% |
| NVIDIA 5.09% | VERIZON COMMUNICATIONS INC 3.05% |
| META PLATFORMS CLASS A 4.81% | AT&T 2.69% |
| VISA CLASS A 4.60% | BANK OF AMERICA 2.15% |
| LAM RESEARCH 4.02% | FORD MOTOR CO 1.94% |
| CATERPILLAR INC 3.65% | COMCAST CLASS A 1.79% |
| KLA 3.50% | HEWLETT PACKARD ENTERPRISE 1.74% |
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.
| GARP iShares MSCI USA Quality GARP ETF | VLUE iShares MSCI USA Value Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI USA Quality GARP | MSCI USA Value Factor |
| Total return, 1 year | +29.5% | +69.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | +51.9 pts |
| Expense ratio | 0.15% | 0.15% |
| Already in the S&P 500 | 94.4% | 96.9% |
| Holdings | 133 | 148 |
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% 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, 94% of the fund by weight is stocks the S&P 500 also holds, across 133 positions, with the top ten at 43.2%.
VLUE in plain words
VLUE is an index equity fund tracking the MSCI USA Value Factor. Over the year to Sep 11, 2026 it returned +69.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Sep 10, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 148 positions, with the top ten at 44.6%.
Questions people ask
- Which returned more over the last year, GARP or VLUE?
- In the year to Sep 13, 2026, with distributions reinvested, GARP returned +29.5% and VLUE returned +69.4%, so VLUE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or VLUE?
- GARP charges 0.15% a year and VLUE charges 0.15%, so GARP is cheaper. Fees come from each fund's prospectus.
- How much do GARP and VLUE overlap with the S&P 500?
- By their latest filed holdings, 94% of GARP and 97% of VLUE by weight is stocks the S&P 500 already holds. Between the two funds, 8% 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, GARP against VLUE, data as of Sep 13, 2026. https://etfiq.com/compare/any/garp-vs-vlue Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources