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

In the year to Sep 13, 2026, with distributions reinvested, SGOV returned +3.8% and USMV returned +6.6%, so USMV returned more. One year is one year; the longer windows are in the table.

Which is cheaper, SGOV or USMV?

SGOV charges 0.09% a year and USMV charges 0.15%, so SGOV is cheaper. Fees come from each fund's prospectus.

Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

SGOV vs USMV: how they differ

SGOV and USMV hold 0% of their weight in the same names, and USMV returned more over the year.

iShares 0-3 Month Treasury Bond ETF and iShares MSCI USA Min Vol Factor ETF.

What they hold in common

By the books each fund has filed, SGOV and USMV hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in SGOV	Only in USMV
TREASURY BILL 0.94%	AMPHENOL CORP CLASS A 1.58%
BLK CSH FND TREASURY SL AGENCY 0.51%	MICROSOFT 1.56%
	NVIDIA 1.54%
	WELLTOWER 1.53%
	CHUBB 1.49%
	JOHNSON & JOHNSON 1.49%
	VERIZON COMMUNICATIONS INC 1.49%
	EXXONMOBIL HOLDINGS CORP 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.

SGOV and USMV on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
	SGOV iShares 0-3 Month Treasury Bond ETF	USMV iShares MSCI USA Min Vol Factor ETF
Where it sits	Core index fund	Core index fund
Issuer	iShares	iShares
What it is	0-3 month T-bills	MSCI USA Min Vol Factor
Total return, 1 year	+3.8%	+6.6%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−13.7 pts	−10.9 pts
Expense ratio	0.09%	0.15%
Holdings	23	175

SGOV in plain words

SGOV is a cash and treasury bills tracking the 0-3 month T-bills. Over the year to Sep 11, 2026 it returned +3.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year.

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, SGOV or USMV?: In the year to Sep 13, 2026, with distributions reinvested, SGOV returned +3.8% and USMV returned +6.6%, so USMV returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SGOV or USMV?: SGOV charges 0.09% a year and USMV charges 0.15%, so SGOV is cheaper. Fees come from each fund's prospectus.

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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.

SGOV against USMV, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, SGOV against USMV, data as of Sep 13, 2026. https://etfiq.com/compare/any/sgov-vs-usmv Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources