Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
IYE vs USMV: how they differ
IYE and USMV hold 5% of their weight in the same names, and IYE returned more over the year.
iShares U.S. Energy ETF and iShares MSCI USA Min Vol Factor ETF.
What they hold in common
By the books each fund has filed, IYE and USMV hold 5% of their money in the same securities at the same weight.
| Holding | IYE | USMV |
|---|---|---|
| EXXONMOBIL HOLDINGS CORP | 22.32% | 1.48% |
| CONOCOPHILLIPS | 6.77% | 0.64% |
| CHEVRON | 16.00% | 0.63% |
| WILLIAMS | 3.60% | 0.45% |
| FIRST SOLAR | 0.85% | 0.37% |
| EXPAND ENERGY | 0.89% | 0.26% |
| CHENIERE ENERGY | 2.36% | 0.21% |
| EOG RESOURCES | 3.20% | 0.18% |
| BLK CSH FND TREASURY SL AGENCY | 0.13% | 0.17% |
| MARATHON PETROLEUM | 4.68% | 0.12% |
| PHILLIPS 66 | 4.20% | 0.12% |
| Only in IYE | Only in USMV |
|---|---|
| VALERO ENERGY CORP 4.62% | AMPHENOL CORP CLASS A 1.58% |
| SLB 3.39% | MICROSOFT 1.56% |
| TARGA RESOURCES 2.51% | NVIDIA 1.54% |
| KINDER MORGAN 2.44% | WELLTOWER 1.53% |
| ONEOK 2.44% | CHUBB 1.49% |
| BAKER HUGHES CLASS A 2.39% | JOHNSON & JOHNSON 1.49% |
| DEVON ENERGY 2.28% | VERIZON COMMUNICATIONS INC 1.49% |
| OCCIDENTAL PETROLEUM CORP 1.80% | MOTOROLA SOLUTIONS INC 1.48% |
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.
| IYE iShares U.S. Energy 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. Energy | MSCI USA Min Vol Factor |
| Total return, 1 year | +48.8% | +6.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +31.3 pts | −10.9 pts |
| Expense ratio | 0.37% | 0.15% |
| Already in the S&P 500 | 89.0% | 94.8% |
| Holdings | 43 | 175 |
IYE in plain words
IYE is an index equity fund tracking the U.S. Energy. Over the year to Sep 11, 2026 it returned +48.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.37% a year. By its holdings filed for Sep 10, 2026, 89% of the fund by weight is stocks the S&P 500 also holds, across 43 positions, with the top ten at 71.3%.
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, IYE or USMV?
- In the year to Sep 13, 2026, with distributions reinvested, IYE returned +48.8% and USMV returned +6.6%, so IYE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IYE or USMV?
- IYE charges 0.37% a year and USMV charges 0.15%, so USMV is cheaper. Fees come from each fund's prospectus.
- How much do IYE and USMV overlap with the S&P 500?
- By their latest filed holdings, 89% of IYE and 95% of USMV by weight is stocks the S&P 500 already holds. Between the two funds, 5% 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, IYE against USMV, data as of Sep 13, 2026. https://etfiq.com/compare/any/iye-vs-usmv Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources