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

In the year to Oct 9, 2026, with distributions reinvested, OEF returned +16.8% and USMV +7.5%.

Which is cheaper, OEF or USMV?

USMV 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 OEF and USMV overlap with the S&P 500?

By their latest filed holdings, 100% of OEF and 93% of USMV by weight is stocks the S&P 500 already holds.

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OEF vs USMV: Differences, Returns & Fees

OEF and USMV hold 32% of their weight in the same names, and OEF returned +16.8% over the year. Net assets on Oct 9, 2026: $20.8bn for iShares S&P 100 ETF and $23.8bn for iShares MSCI USA Min Vol Factor ETF.

USMV costs 0.05 points a year less; their one-year returns differ by 9.3 points; USMV is 1.1 times larger.

OEF vs USMV: Differences, Returns & Fees
	OEF	USMV
Expense ratio	0.20%	0.15%
Net assets	$20.8bn	$23.8bn
Total return, 1 year	+16.8%	+7.5%
What it tracks	S&P 100	MSCI USA Minimum Volatility (USD) Index
Holdings in common	32%
Top ten holdings, share of the fund	52.6%	15.1%

Holdings in common uses holdings dated Oct 9, 2026.

+16.8%

OEF total return, 1 year

+7.5%

USMV total return, 1 year

0.20%

OEF expense ratio

0.15%

USMV expense ratio

What they hold in common

By the books each fund has filed, OEF and USMV hold 32% 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 Oct 9, 2026.

50%

half

32% in common

Positions both hold, largest shared weight first

Holding OEF USMV

MICROSOFT 7.96% 1.66%

NVIDIA 11.11% 1.59%

BERKSHIRE HATHAWAY INC CLASS B 1.92% 1.46%

EXXONMOBIL HOLDINGS CORP 1.39% 1.49%

JOHNSON & JOHNSON 1.26% 1.44%

VISA CLASS A 1.32% 1.03%

APPLE 9.84% 0.96%

PALANTIR TECHNOLOGIES CLASS A 0.96% 1.16%

MASTERCARD CLASS A 0.95% 1.27%

BROADCOM INC 3.45% 0.93%

CISCO SYSTEMS INC 0.93% 1.47%

ADVANCED MICRO DEVICES 1.99% 0.86%

Only in OEF

ALPHABET CLASS A 4.13%

TESLA INC 2.16%

JPMORGAN CHASE & CO 1.77%

INTEL CORPORATION 1.04%

CATERPILLAR INC 0.74%

BANK OF AMERICA 0.71%

GE AEROSPACE 0.64%

GOLDMAN SACHS GROUP 0.52%

Only in USMV

AMPHENOL CORP CLASS A 1.68%

CHUBB 1.47%

WELLTOWER 1.44%

MCKESSON CORP 1.42%

MOTOROLA SOLUTIONS INC 1.39%

VERTEX PHARMACEUTICALS 1.35%

CENCORA 1.27%

WASTE MANAGEMENT INC 1.25%

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On the same fields

OEF

iShares S&P 100 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 Tracks the MSCI USA Min Vol Factor

Total return, 1 year +16.8% +7.5%

Expense ratio 0.20% 0.15%

Already in the S&P 500 99.9% 93.0%

Holdings 102 176

Net assets $20.8bn $23.8bn

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

About OEF

OEF tracks an index. Over the year to Oct 9, 2026 it returned +16.8% with distributions reinvested. The prospectus expense ratio is 0.20% a year. By its holdings published by its issuer for Oct 9, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 102 positions, with the top ten at 52.6%.

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, OEF or USMV?: In the year to Oct 9, 2026, with distributions reinvested, OEF returned +16.8% and USMV +7.5%.
Which is cheaper, OEF or USMV?: USMV 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 OEF and USMV overlap with the S&P 500?: By their latest filed holdings, 100% of OEF and 93% of USMV by weight is stocks the S&P 500 already holds.

Other comparisons

OEF vs SPMO OEF vs RDVY DFUS vs OEF IWV vs OEF DFAU vs USMV CGUS vs USMV USMV vs XLG CGDV vs USMV

OEF on its own →USMV on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

OEF and USMV filings on SEC EDGAR ↗OEF prospectus with the expense ratio (SEC) ↗iShares page for OEF ↗USMV prospectus with the expense ratio (SEC) ↗iShares page for USMV ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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, OEF against USMV, data as of Oct 9, 2026. https://etfiq.com/compare/any/oef-vs-usmv

Open data

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