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

In the year to Oct 9, 2026, with distributions reinvested, QUS returned +15.2% and USMV +7.5%.

Which is cheaper, QUS or USMV?

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

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

By their latest filed holdings, 97% of QUS and 93% of USMV by weight is stocks the S&P 500 already holds.

Compare their flows Ask IQ about these two funds

QUS vs USMV: Differences, Returns & Fees

QUS and USMV hold 60% of their weight in the same names, and QUS returned +15.2% over the year. Net assets: $1.6bn on Oct 8, 2026 for State Street SPDR MSCI USA StrategicFactors ETF, and $23.8bn on Oct 9, 2026 for iShares MSCI USA Min Vol Factor ETF.

Both cost 0.15% a year; their one-year returns differ by 7.7 points; USMV is 15.0 times larger.

QUS vs USMV: Differences, Returns & Fees
	QUS	USMV
Expense ratio	0.15%	0.15%
Net assets, as of Oct 8, 2026	$1.6bn	$23.7bn
Total return, 1 year	+15.2%	+7.5%
What it tracks	MSCI USA Factor Mix A-Series Capped Index ?	MSCI USA Minimum Volatility (USD) Index
Holdings in common	60%
Top ten holdings, share of the fund	23.0%	15.1%

Holdings in common uses holdings dated Oct 8, 2026 and Oct 9, 2026.

+15.2%

QUS total return, 1 year

+7.5%

USMV total return, 1 year

0.15%

QUS expense ratio

0.15%

USMV expense ratio

What they hold in common

By the books each fund has filed, QUS and USMV hold 60% 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 8, 2026 and Oct 9, 2026.

50%

half

60% in common

Positions both hold, largest shared weight first

Holding QUS USMV

MICROSOFT CORP 3.77% 1.66%

NVIDIA CORP 2.87% 1.59%

JOHNSON + JOHNSON 1.86% 1.44%

MERCK + CO. INC. 1.41% 1.44%

CISCO SYSTEMS INC 1.39% 1.47%

MASTERCARD INC A 1.58% 1.27%

COCA COLA CO/THE 1.15% 1.26%

EXXONMOBIL HOLDINGS CORP 1.14% 1.49%

BERKSHIRE HATHAWAY INC CL B 1.14% 1.46%

PALANTIR TECHNOLOGIES INC A 1.10% 1.16%

PROCTER + GAMBLE CO/THE 1.18% 1.07%

VISA INC CLASS A SHARES 1.98% 1.03%

Only in QUS

ALPHABET INC CL A 1.32%

JPMORGAN CHASE + CO 1.02%

KLA CORP 0.71%

BANK OF AMERICA CORP 0.61%

WELLS FARGO + CO 0.43%

CITIGROUP INC 0.39%

UNION PACIFIC CORP 0.34%

EATON CORP PLC 0.34%

Only in USMV

DOW JONES US REAL ESTATE DEC 26 0.00%

S&P500 EMINI DEC 26 0.00%

Check overlap with more funds →

On the same fields

QUS

State Street SPDR MSCI USA StrategicFactors ETF

USMV

iShares MSCI USA Min Vol Factor ETF

Where it sits Stock ETF Stock ETF

Issuer State Street iShares

What it is Tracks an index Tracks the MSCI USA Min Vol Factor

Total return, 1 year +15.2% +7.5%

Expense ratio 0.15% 0.15%

Already in the S&P 500 96.6% 93.0%

Holdings 514 176

Net assets, QUS as of Oct 8, 2026 and USMV as of Oct 9, 2026 $1.6bn $23.8bn

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

About QUS

QUS tracks an index. Over the year to Oct 9, 2026 it returned +15.2% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 8, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 514 positions, with the top ten at 23.0%.

About USMV

USMV tracks the MSCI USA Min Vol Factor. Over the year to Oct 9, 2026 it returned +7.5% with distributions reinvested. 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, QUS or USMV?: In the year to Oct 9, 2026, with distributions reinvested, QUS returned +15.2% and USMV +7.5%.
Which is cheaper, QUS or USMV?: Neither: QUS and USMV both charge 0.15% a year. Fees come from each fund's prospectus.
How much do QUS and USMV overlap with the S&P 500?: By their latest filed holdings, 97% of QUS and 93% of USMV by weight is stocks the S&P 500 already holds.

Other comparisons

QUS vs SPMO QUS vs RDVY DFUS vs QUS OEF vs QUS EPS vs USMV DFAL vs USMV FDLO vs USMV FVAL vs USMV

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

Where these figures came from

QUS filings on SEC EDGAR ↗QUS prospectus with the expense ratio (SEC) ↗State Street website ↗USMV filings on SEC EDGAR ↗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, QUS against USMV, data as of Oct 9, 2026. https://etfiq.com/compare/any/qus-vs-usmv

Open data

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