GUSA vs USMV: Differences, Returns & Fees

GUSA and USMV hold 34% of their weight in the same names, and GUSA returned +16.6% over the year. Net assets: $2.4bn on Oct 8, 2026 for Goldman Sachs MarketBeta U.S. 1000 Equity ETF, and $23.8bn on Oct 9, 2026 for iShares MSCI USA Min Vol Factor ETF.

GUSA costs 0.05 points a year less; their one-year returns differ by 9.1 points; USMV is 9.7 times larger.

GUSA vs USMV: Differences, Returns & Fees
GUSAUSMV
Expense ratio0.10%0.15%
Net assets, as of Oct 8, 2026$2.4bn$23.7bn
Total return, 1 year+16.6%+7.5%
What it tracksSolactive GBS United States 1000 IndexMSCI USA Minimum Volatility (USD) Index
Holdings in common34%
Top ten holdings, share of the fund36.1%15.1%

Holdings in common uses holdings dated May 31, 2026 and Oct 9, 2026.

+16.6%
GUSA total return, 1 year
+7.5%
USMV total return, 1 year
0.10%
GUSA expense ratio
0.15%
USMV expense ratio

What they hold in common

By the books each fund has filed, GUSA and USMV hold 34% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Oct 9, 2026.

half

34% in common

Positions both hold, largest shared weight first
Holding GUSA USMV
MICROSOFT CORP 4.69% 1.66%
NVIDIA CORP 7.00% 1.59%
APPLE INC 6.34% 0.96%
BERKSHIRE HATHAWAY INC 0.93% 1.46%
BROADCOM INC 2.95% 0.93%
ADVANCED MICRO DEVICES INC 1.19% 0.86%
EXXON MOBIL CORP 0.86% 1.49%
ELI LILLY & COMPANY 1.33% 0.79%
MICRON TECHNOLOGY INC 1.55% 0.79%
VISA INC 0.78% 1.03%
JOHNSON & JOHNSON 0.77% 1.44%
WALMART INC 0.71% 0.70%
Only in GUSA
ALPHABET INC 2.71%
TESLA INC 2.07%
JP MORGAN CHASE & COMPANY 1.14%
INTEL CORP 0.72%
CATERPILLAR INC 0.58%
GE AEROSPACE 0.48%
BANK OF AMERICA CORP 0.46%
GOLDMAN SACHS GROUP INC (THE) 0.43%
Only in USMV
WASTE CONNECTIONS 1.12%
VYLOR 0.25%
DOW JONES US REAL ESTATE DEC 26 0.00%
S&P500 EMINI DEC 26 0.00%

Check overlap with more funds →

On the same fields

GUSA
Goldman Sachs MarketBeta U.S. 1000 Equity ETF
USMV
iShares MSCI USA Min Vol Factor ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks the MSCI USA Min Vol Factor
Total return, 1 year +16.6% +7.5%
Expense ratio 0.10% 0.15%
Already in the S&P 500 91.7% 93.0%
Holdings 1011 176
Net assets, GUSA as of Oct 8, 2026 and USMV as of Oct 9, 2026 $2.4bn $23.8bn

GUSA and USMV on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About GUSA

GUSA tracks an index. Over the year to Oct 9, 2026 it returned +16.6% with distributions reinvested. The prospectus expense ratio is 0.10% a year. By its holdings filed for May 31, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1,011 positions, with the top ten at 36.1%.

About USMV

USMV tracks the MSCI USA Min Vol Factor. Over the year to Oct 9, 2026 it returned +7.5% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 9, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 176 positions, with the top ten at 15.1%.

Questions people ask

Which returned more over the last year, GUSA or USMV?
In the year to Oct 9, 2026, with distributions reinvested, GUSA returned +16.6% and USMV +7.5%.
Which is cheaper, GUSA or USMV?
GUSA is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do GUSA and USMV overlap with the S&P 500?
By their latest filed holdings, 92% of GUSA and 93% of USMV by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, GUSA against USMV, data as of Oct 9, 2026. https://etfiq.com/compare/any/gusa-vs-usmv

Open data

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