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

In the year to Sep 13, 2026, with distributions reinvested, SHY returned +1.7% and USMV returned +6.6%, so USMV returned more. One year is one year; the longer windows are in the table.

Which is cheaper, SHY or USMV?

SHY charges 0.15% a year and USMV charges 0.15%, so SHY 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

SHY vs USMV: how they differ

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

iShares 1-3 Year Treasury Bond ETF and iShares MSCI USA Min Vol Factor ETF.

What they hold in common

By the books each fund has filed, SHY 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 SHY	Only in USMV
USD CASH 0.88%	AMPHENOL CORP CLASS A 1.58%
TREASURY NOTE (2OLD) 0.80%	MICROSOFT 1.56%
TREASURY NOTE (OLD) 0.76%	NVIDIA 1.54%
TREASURY NOTE (OTR) 0.58%	WELLTOWER 1.53%
BLK CSH FND TREASURY SL AGENCY 0.26%	CHUBB 1.49%
TREASURY NOTE 0.06%	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.

SHY and USMV on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
	SHY iShares 1-3 Year 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	1-3 Year Treasury Bond	MSCI USA Min Vol Factor
Total return, 1 year	+1.7%	+6.6%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−15.8 pts	−10.9 pts
Expense ratio	0.15%	0.15%
Holdings	93	175

SHY in plain words

SHY is a bond fund tracking the 1-3 Year Treasury Bond. Over the year to Sep 11, 2026 it returned +1.7% 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.

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. 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, SHY or USMV?: In the year to Sep 13, 2026, with distributions reinvested, SHY returned +1.7% and USMV returned +6.6%, so USMV returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SHY or USMV?: SHY charges 0.15% a year and USMV charges 0.15%, so SHY 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.

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

A comparison is not a recommendation. Standards and sources