Data as of Oct 28, 2026.
IUS vs MGV: Differences, Returns & Fees
Over the year to Oct 28, 2026, IUS returned +25.9% to MGV's +23.9%; 39% of their weight is in the same names.
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Net assets: $1.0bn on Oct 27, 2026 for Invesco RAFI Strategic US ETF, and $13.5bn on Sep 30, 2026 for Vanguard Morningstar Mega Cap Value ETF.
Pair scorecard
MGV costs 0.14 points a year less; their one-year returns differ by 2.0 points.
| Measure | IUS | MGV |
|---|---|---|
| Return | ||
| Total return, 1 year | +25.9% | +23.9% |
| Benchmark | ||
| What it tracks | Invesco Strategic US Index | Morningstar US Mega Cap Value Index |
| Cost and size | ||
| Expense ratio | 0.19% | 0.05% |
| Net assets, IUS as of Oct 27, 2026 and MGV as of Sep 30, 2026 | $1.0bn | $13.5bn |
| Holdings | ||
| Holdings in common | 39% | |
| Top ten holdings, share of the fund | 27.2% | 30.4% |
Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method
Risk and return
Sep 21, 2018 to Oct 23, 2026 · 422 weekly returnsIUS returned more: +219.5% to +150.0%. MGV swung slightly less: 16.9% to 17.4%. IUS and MGV fell about the same at their worst: −32.8% and −32.7%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | IUS | MGV | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +219.5% | +150.0% | IUS | Price change plus distributions, reinvested. |
| Annualized | +15.4% | +12.0% | IUS | Total return as a yearly rate. |
| Price return | +177.1% | +103.7% | IUS | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 17.4% | 16.9% | MGV (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 12.2% | 12.2% | Tie | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −32.8% | −32.7% | Tie | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.75 | 0.59 | IUS | Return above Treasury bills per unit of volatility. |
| Sortino | 1.07 | 0.82 | IUS | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.47 | 0.37 | IUS | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 422 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, IUS and MGV hold 39% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.
half
39% in common
Only in one fund ↓
Side by side
IUS and MGV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
IUS and MGV are built for the same job. How do they differ in cost, holdings and results?
- What each follows. IUS follows Invesco Strategic US Index and MGV follows Morningstar US Mega Cap Value Index.
- Holdings in common. 39% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 IUS returned +25.9% and MGV +23.9% with distributions reinvested, a gap of 2.0 points.
Data as of Oct 28, 2026.
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Over the year to Oct 28, 2026 it returned +25.9% with distributions reinvested, against +13.3% for its benchmark, the Russell 3000 Index.
IUS tracks an index. The prospectus expense ratio is 0.19% a year. By its holdings published by its issuer for Oct 27, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 536 positions, with the top ten at 27.2%.
MGV
MGV tracks an index. Over the year to Oct 28, 2026 it returned +23.9% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 117 positions, with the top ten at 30.4%.
Questions people ask
- Which returned more over the last year, IUS or MGV?
- In the year to Oct 28, 2026, with distributions reinvested, IUS returned +25.9% and MGV +23.9%.
- Which is cheaper, IUS or MGV?
- MGV is cheaper, by 0.14 percentage points a year. That is about $14 on $10,000 held for a year. Fees come from each fund's prospectus.
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.
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ETFIQ, IUS against MGV, data as of Oct 28, 2026. https://etfiq.com/compare/any/ius-vs-mgv
ETFIQ. (Oct 28, 2026). IUS against MGV. Retrieved from https://etfiq.com/compare/any/ius-vs-mgv
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