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

In the year to Oct 28, 2026, with distributions reinvested, IYR returned +3.4% and USMV +10.8%.

Which is cheaper, IYR or USMV?

USMV is cheaper, by 0.22 percentage points a year. That is about $22 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do IYR and USMV overlap with the S&P 500?

By their latest filed holdings, 80% of IYR and 93% of USMV by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

IYR vs USMV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IYR returned +3.4% to USMV's +10.8%; 2% of their weight is in the same names.

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Net assets: $3.9bn on Oct 28, 2026 for iShares U.S. Real Estate ETF, and $24.1bn on Oct 27, 2026 for iShares MSCI USA Min Vol Factor ETF.

IYR on its own →USMV on its own →

At a glance

+3.4%

IYR total return, 1 year

+10.8%

USMV total return, 1 year

0.37%

IYR expense ratio

0.15%

USMV expense ratio

Pair scorecard

USMV costs 0.22 points a year less; their one-year returns differ by 7.4 points; USMV is 6.2 times larger.

IYR vs USMV: Differences, Returns & Fees
Measure	IYR	USMV
Return
Measure	IYR	USMV
Total return, 1 year	+3.4%	+10.8%
Drawdown
Measure	IYR	USMV
Below its high	8.6%, high on Jul 28, 2026
Benchmark
Measure	IYR	USMV
What it tracks	Dow Jones U.S. Real Estate Capped Index	MSCI USA Minimum Volatility (USD) Index
Cost and size
Measure	IYR	USMV
Expense ratio	0.37%	0.15%
Net assets, as of Oct 23, 2026	$3.9bn	$24.1bn
Holdings
Measure	IYR	USMV
Holdings in common	2%
Top ten holdings, share of the fund	52.5%	14.8%

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

What they share

By the books each fund has filed, IYR and USMV hold 2% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

2% in common

Positions both hold · largest shared weight first IYR USMV

WELLTOWER 9.85% 1.41%

REALTY INCOME REIT 4.19% 0.59%

SUN COMMUNITIES REIT INC 1.09% 0.19%

VENTAS REIT 3.34% 0.15%

WEYERHAEUSER REIT 1.09% 0.10%

DOW JONES US REAL ESTATE DEC 26 0.00% 0.00%

Only in one fund ↓

Only in IYR

PROLOGIS REIT 8.77%

AMERICAN TOWER REIT 4.96%

SIMON PROPERTY GROUP REIT INC 4.71%

EQUINIX REIT 4.57%

DIGITAL REALTY TRUST REIT 4.54%

PUBLIC STORAGE REIT 4.10%

VIVMARK RESIDENTIAL 3.51%

CROWN CASTLE INC 2.92%

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

IYR iShares U.S. Real Estate ETF USMV iShares MSCI USA Min Vol Factor ETF

Where it sits Stock ETF Stock ETF

Issuer iShares iShares

What it is Tracks an index of U.S. Real Estate Tracks the MSCI USA Min Vol Factor

Total return, 1 year +3.4% +10.8%

Expense ratio 0.37% 0.15%

Already in the S&P 500 80.0% 93.0%

Holdings 59 176

Net assets, IYR as of Oct 28, 2026 and USMV as of Oct 27, 2026 $3.9bn $24.1bn

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

Alert

About each fund

IYR

IYR tracks an index of U.S. Real Estate. Over the year to Oct 28, 2026 it returned +3.4% with distributions reinvested. The prospectus expense ratio is 0.37% a year. By its holdings published by its issuer for Oct 27, 2026, 80% of the fund by weight is stocks the S&P 500 also holds, across 59 positions, with the top ten at 52.5%. It sat 8.6% below its high of Jul 28, 2026 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. The prospectus expense ratio is 0.15% a year. 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, IYR or USMV?: In the year to Oct 28, 2026, with distributions reinvested, IYR returned +3.4% and USMV +10.8%.
Which is cheaper, IYR or USMV?: USMV is cheaper, by 0.22 percentage points a year. That is about $22 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IYR and USMV overlap with the S&P 500?: By their latest filed holdings, 80% of IYR and 93% of USMV by weight is stocks the S&P 500 already holds.

Other comparisons

IYR vs RDVY CGGR vs IYR IYR vs SPMO IYR vs SPHQ SCHH vs USMV USMV vs VNQ USMV vs XLRE KRE vs USMV

Where to next

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

Sources and dates

IYR and USMV filings on SEC EDGAR ↗

IYR prospectus with the expense ratio (SEC) ↗

iShares page for IYR ↗

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

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