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

In the year to Oct 28, 2026, with distributions reinvested, IEF returned −3.2% and USMV +10.8%.

Which is cheaper, IEF or USMV?

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

Data as of Oct 28, 2026.

Across categories

IEF vs USMV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IEF returned −3.2% to USMV's +10.8%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $43.5bn for iShares 7-10 Year Treasury Bond ETF and $24.1bn for iShares MSCI USA Min Vol Factor ETF.

IEF on its own →USMV on its own →

At a glance

−3.2%

IEF total return, 1 year

+10.8%

USMV total return, 1 year

0.15%

IEF expense ratio

0.15%

USMV expense ratio

Pair scorecard

Both cost 0.15% a year; their one-year returns differ by 14.0 points; IEF is 1.8 times larger.

IEF vs USMV: Differences, Returns & Fees
Measure	IEF	USMV
Return
Measure	IEF	USMV
Total return, 1 year	−3.2%	+10.8%
Drawdown
Measure	IEF	USMV
Below its high	13.1%, high on Aug 4, 2020
Benchmark
Measure	IEF	USMV
What it tracks	ICE U.S. Treasury 7-10 Year Bond Index	MSCI USA Minimum Volatility (USD) Index
Cost and size
Measure	IEF	USMV
Expense ratio	0.15%	0.15%
Net assets, as of Oct 27, 2026	$43.5bn	$24.1bn
Holdings
Measure	IEF	USMV
Holdings in common	0%
In the S&P 500, by weight		93%
Top ten holdings, share of the fund		14.8%

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

What they share

By the books each fund has filed, IEF and USMV hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IEF USMV

Only in one fund ↓

Only in IEF

TREASURY NOTE 8.82%

TREASURY NOTE 8.80%

TREASURY NOTE 8.74%

TREASURY NOTE 8.68%

TREASURY NOTE (OLD) 8.68%

TREASURY NOTE (2OLD) 8.65%

TREASURY NOTE 8.48%

TREASURY NOTE 8.40%

Only in USMV

MICROSOFT 1.61%

EXXONMOBIL HOLDINGS CORP 1.54%

BERKSHIRE HATHAWAY INC CLASS B 1.50%

CHUBB 1.50%

MOTOROLA SOLUTIONS INC 1.48%

AMPHENOL CORP CLASS A 1.47%

NVIDIA 1.47%

JOHNSON & JOHNSON 1.44%

Check overlap with more funds →

Side by side

IEF iShares 7-10 Year Treasury Bond ETF USMV iShares MSCI USA Min Vol Factor ETF

Where it sits Bond ETF Stock ETF

Issuer iShares iShares

What it is Tracks an index of 7-10 Year Treasury Bond Tracks the MSCI USA Min Vol Factor

Total return, 1 year −3.2% +10.8%

Expense ratio 0.15% 0.15%

Holdings 17 176

Net assets, as of Oct 27, 2026 $43.5bn $24.1bn

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

Alert

About each fund

IEF

IEF tracks an index of 7-10 Year Treasury Bond. Over the year to Oct 28, 2026 it returned −3.2% with distributions reinvested. The prospectus expense ratio is 0.15% a year. It sat 13.1% below its high of Aug 4, 2020 on Oct 28, 2026.

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, IEF or USMV?: In the year to Oct 28, 2026, with distributions reinvested, IEF returned −3.2% and USMV +10.8%.
Which is cheaper, IEF or USMV?: Neither: IEF and USMV both charge 0.15% a year. Fees come from each fund's prospectus.

Other comparisons

IEF vs RDVY CGGR vs IEF IEF vs SPMO DFUS vs IEF USMV vs VGIT GOVT vs USMV MBB vs USMV USMV vs VGSH

Where to next

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

Sources and dates

IEF and USMV filings on SEC EDGAR ↗

IEF prospectus with the expense ratio (SEC) ↗

iShares page for IEF ↗

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

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